CIBC Asset Management Inc
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), CIBC Asset Management Inc reported 1,366 stock positions worth $41.4 billion. Its top holding was Royal Bank of Canada (RY) at 4.5% of the portfolio, followed by Nvidia (NVDA, 3.9%) and Apple (AAPL, 3.4%). Compared with Q3 2025, it opened 199 new positions, sold out of 74, added to 796 and reduced 170. The biggest buy was Apple (AAPL, shares +36%) and the biggest sale Bank of Montreal (BMO, shares −14%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, Z4
- CIK
- 0001021926
- Portfolio Value
- $41.4B (Q4 2025)
- SEC Filing
- 0001172661-26-000589 ↗ filed Feb 10, 2026
Holdings Value
Holdings 1,366 stocks · $41.4B
| RY Royal Bank of Canada | 4.47% | 10,835,008 | $1.9B | Add +1.3% |
| NVDA Nvidia Corp. | 3.87% | 8,599,878 | $1.6B | Add +34.5% |
| AAPL Apple Inc. | 3.44% | 5,239,027 | $1.4B | Add +35.5% |
| TD Toronto-Dominion Bank | 3.23% | 14,153,384 | $1.3B | Reduce -9.2% |
| MSFT Microsoft Corp. | 3.21% | 2,752,951 | $1.3B | Add +31.1% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO | 2.12% | 9,659,703 | $876.2M | Reduce -2.5% |
| B Barrick Mining Corp. | 2.10% | 19,902,944 | $870.0M | Add +8.8% |
| AMZN Amazon.com Inc. | 2.03% | 3,640,252 | $840.0M | Add +32.3% |
| AEM Agnico Eagle Mines Ltd. | 1.99% | 4,838,011 | $822.8M | Reduce -3.5% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 1.97% | 6,237,739 | $814.5M | Reduce -14.1% |
| BN Brookfield Corp. | 1.92% | 17,304,740 | $796.3M | Reduce -12.8% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 1.76% | 9,857,887 | $731.0M | Add +0.6% |
| SHOP Shopify Inc. Class A | 1.67% | 4,280,528 | $691.4M | Reduce -1.8% |
| GOOGL Alphabet Inc. Class A | 1.66% | 2,195,212 | $687.1M | Add +31.7% |
| ENB Enbridge Inc. | 1.61% | 13,898,857 | $666.7M | Reduce -7.9% |
| AVGO Broadcom Inc. | 1.51% | 1,803,216 | $624.0M | Add +13.3% |
| MFC Manulife Financial Corp. | 1.49% | 16,885,459 | $616.5M | Add +14.6% |
| VOO Vanguard S&P 500 ETF | 1.40% | 926,277 | $580.9M | Reduce -0.7% |
| CNQ Canadian Natural Resources | 1.40% | 17,003,831 | $578.5M | Reduce -16.0% |
| GOOG Alphabet Inc. Class C | 1.38% | 1,823,869 | $572.1M | Add +26.8% |
| META Meta Platforms Inc. Class A | 1.38% | 864,528 | $570.7M | Add +45.0% |
| CP Canadian Pacific Kansas City | 1.37% | 7,683,036 | $568.4M | Reduce -8.0% |
| TRP TC Energy Corp. | 1.19% | 8,942,519 | $493.6M | Reduce -1.2% |
| TSLA Tesla Inc. | 1.17% | 1,074,771 | $483.3M | Add +52.5% |
| SU Suncor Energy Inc. | 1.06% | 9,851,109 | $439.5M | Add +12.8% |
| CNI Canadian Natl Railway Co. | 0.84% | 3,510,774 | $348.1M | Reduce -21.8% |
| VEU Vanguard Ftse All-World Ex-U | 0.84% | 4,717,816 | $347.0M | Reduce -1.2% |
| WCN Waste Connections Inc. | 0.83% | 1,962,470 | $345.3M | Reduce -1.4% |
| AGI Alamos Gold Inc. Class A | 0.82% | 8,716,153 | $338.4M | Add +6.3% |
| WPM Wheaton Precious Metals Corp. | 0.80% | 2,790,601 | $330.3M | Reduce -1.6% |
| PBA Pembina Pipeline Corp. | 0.79% | 8,620,307 | $329.2M | Add +17.8% |
| LLY Eli Lilly & Co. | 0.76% | 293,747 | $315.6M | Add +33.4% |
| BIP Brookfield Infrastructure Pa | 0.72% | 8,559,336 | $297.7M | Add +7.4% |
| CCJ Cameco Corp. | 0.69% | 3,118,426 | $287.5M | Add +0.7% |
| TECK Teck Resources Ltd.-CLS B | 0.66% | 5,646,656 | $271.8M | Add +3.5% |
| JPM JPMorgan Chase & Co. | 0.64% | 823,309 | $265.2M | Add +46.2% |
| BAM Brookfield Asset Mgmt-A | 0.62% | 4,853,861 | $255.4M | Add +99.1% |
| TU Telus Corp. | 0.59% | 18,556,334 | $245.0M | Reduce -1.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.58% | 474,361 | $238.4M | Add +57.6% |
| CVE Cenovus Energy Inc. | 0.56% | 13,634,010 | $231.3M | Add +19.2% |
| V Visa Inc. Class A | 0.54% | 640,186 | $224.4M | Add +27.2% |
| GFL GFL Environmental Inc.-Sub VT | 0.53% | 5,101,264 | $219.4M | Add +25.8% |
| NFLX Netflix Inc. | 0.52% | 2,297,816 | $215.3M | Add +21.7% |
| TRI Thomson Reuters Corp. | 0.51% | 1,607,468 | $212.5M | Add +17.7% |
| JNJ Johnson & Johnson | 0.48% | 967,659 | $200.2M | Add +33.6% |
| PLTR Palantir Technologies Inc. Class A | 0.46% | 1,077,995 | $191.6M | Add +30.3% |
| COST Costco Wholesale Corp. | 0.43% | 206,884 | $178.4M | Add +34.2% |
| GRTUF Granite Real Estate Investme | 0.42% | 2,878,226 | $173.0M | Reduce -1.1% |
| XOM Exxon Mobil Corp. | 0.41% | 1,425,526 | $171.5M | Add +61.8% |
| AMD Advanced Micro Devices | 0.40% | 775,629 | $166.1M | Add +53.5% |
| ABBV Abbvie Inc. | 0.38% | 688,079 | $157.2M | Add +114.4% |
| KGC Kinross Gold Corp. | 0.37% | 5,452,170 | $153.9M | Add +14.5% |
| MU Micron Technology Inc. | 0.37% | 538,358 | $153.7M | Add +56.8% |
| UNH Unitedhealth Group Inc. | 0.37% | 464,889 | $153.4M | Add +31.2% |
| CSCO Cisco Systems Inc. | 0.35% | 1,883,741 | $145.1M | Add +27.8% |
| FNV Franco-Nevada Corp. | 0.35% | 692,194 | $143.9M | Reduce -15.2% |
| WMT Walmart Inc. | 0.34% | 1,246,149 | $138.8M | Add +51.9% |
| FTS Fortis Inc. | 0.33% | 2,655,787 | $138.4M | Reduce -8.2% |
| TMO Thermo Fisher Scientific Inc. | 0.33% | 233,593 | $135.3M | Add +3.5% |
| AMGN Amgen Inc. | 0.32% | 404,263 | $132.3M | Add +12.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.31% | 191,231 | $130.4M | Add +39.9% |
| CLS Celestica Inc. | 0.31% | 436,922 | $129.5M | Add +7.7% |
| MA Mastercard Inc. Class A | 0.31% | 222,531 | $127.0M | Add +55.2% |
| BGSI Boyd Group Services Inc. | 0.31% | 793,752 | $126.5M | New |
| BEP Brookfield Renewable Partner | 0.30% | 4,567,224 | $123.5M | Reduce -0.5% |
| LIN Linde PLC | 0.30% | 286,971 | $122.3M | Add +19.9% |
| ISRG Intuitive Surgical Inc. | 0.27% | 199,386 | $112.9M | Add +25.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.27% | 2,043,401 | $112.4M | Add +46.6% |
| QCOM Qualcomm Inc. | 0.26% | 636,874 | $108.9M | Add +57.0% |
| DSGX The Descartes Systems Grp | 0.25% | 1,166,883 | $103.3M | Add +21.1% |
| MDT Medtronic PLC | 0.25% | 1,072,930 | $103.1M | Add +18.3% |
| PEP Pepsico Inc. | 0.25% | 717,311 | $102.9M | Add +25.7% |
| PG The Procter & Gamble Co. | 0.25% | 716,972 | $102.7M | Add +45.2% |
| EFA iShares MSCI Eafe ETF | 0.25% | 1,066,507 | $102.4M | Reduce -64.4% |
| RBA RB Global Inc. | 0.25% | 978,608 | $102.1M | Add +25.3% |
| MCD McDonald's Corp. | 0.24% | 322,585 | $98.5M | Add +26.6% |
| KO The Coca-Cola Co. | 0.23% | 1,383,870 | $96.7M | Add +37.2% |
| CVX Chevron Corp. | 0.23% | 632,439 | $96.4M | Add +2.6% |
| APP AppLovin Corp. Class A | 0.23% | 142,827 | $96.2M | Add +21.9% |
| INTU Intuit Inc. | 0.23% | 144,328 | $95.6M | Add +29.6% |
| HD Home Depot Inc. | 0.22% | 269,501 | $92.7M | Add +55.8% |
| QSR Restaurant Brands Intern | 0.22% | 1,317,198 | $90.4M | Reduce -38.9% |
| LRCX Lam Research Corp. | 0.22% | 525,368 | $89.9M | Add +33.2% |
| AMAT Applied Materials Inc. | 0.21% | 339,605 | $87.2M | Reduce -2.7% |
| INTC Intel Corp. | 0.21% | 2,337,381 | $86.2M | Add +38.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.20% | 547,442 | $84.1M | Add +19.1% |
| SLF Sun Life Financial Inc. | 0.20% | 1,345,239 | $84.0M | Reduce -60.8% |
| ORCL Oracle Corp. | 0.20% | 426,699 | $83.2M | Add +61.2% |
| NXE Nexgen Energy Ltd. | 0.20% | 8,821,855 | $81.3M | Add +341.9% |
| PM Philip Morris International | 0.19% | 503,018 | $80.7M | Add +39.5% |
| ABT Abbott Laboratories | 0.19% | 640,677 | $80.2M | Add +10.6% |
| GS Goldman Sachs Group Inc. | 0.19% | 88,771 | $78.0M | Add +82.4% |
| GE General Electric filed as GE AEROSPACE | 0.19% | 251,736 | $77.5M | Add +65.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.18% | 257,135 | $76.2M | Add +58.1% |
| MRK Merck & Co. Inc. | 0.18% | 720,718 | $75.9M | Add +51.6% |
| GIL Gildan Activewear Inc. | 0.18% | 1,195,891 | $75.3M | Reduce -10.4% |
| VZ Verizon Communications Inc. | 0.18% | 1,846,543 | $75.2M | Add +56.5% |
| WFC Wells Fargo & Co. | 0.18% | 791,691 | $73.8M | Add +59.4% |
| BKNG Booking Holdings Inc. | 0.18% | 13,586 | $72.8M | Add +34.7% |
| BKLN Invesco Senior Loan ETF | 0.18% | 3,463,306 | $72.7M | Add +17.6% |
Portfolio Sells Q3 2025 → Q4 2025
| BMO Bank of Montreal | Reduce -14.1% | 1.97% | −0.78 |
| BN Brookfield Corp. | Reduce -12.8% | 1.92% | −0.71 |
| ENB Enbridge Inc. | Reduce -7.9% | 1.61% | −0.60 |
| EFA iShares MSCI Eafe ETF | Reduce -64.4% | 0.25% | −0.56 |
| CNQ Canadian Natural Resources | Reduce -16.0% | 1.40% | −0.48 |
| AEM Agnico Eagle Mines Ltd. | Reduce -3.5% | 1.99% | −0.46 |
| CP Canadian Pacific Kansas City | Reduce -8.0% | 1.37% | −0.43 |
| SLF Sun Life Financial Inc. | Reduce -60.8% | 0.20% | −0.40 |
| CNI Canadian Natl Railway Co. | Reduce -21.8% | 0.84% | −0.39 |
| TD Toronto-Dominion Bank | Reduce -9.2% | 3.23% | −0.38 |
| TU Telus Corp. | Reduce -1.1% | 0.59% | −0.26 |
| VOO Vanguard S&P 500 ETF | Reduce -0.7% | 1.40% | −0.25 |
| TRP TC Energy Corp. | Reduce -1.2% | 1.19% | −0.23 |
| SHOP Shopify Inc. Class A | Reduce -1.8% | 1.67% | −0.21 |
| QSR Restaurant Brands Intern | Reduce -38.9% | 0.22% | −0.18 |
| WCN Waste Connections Inc. | Reduce -1.4% | 0.83% | −0.18 |
| FNV Franco-Nevada Corp. | Reduce -15.2% | 0.35% | −0.18 |
| CM Can Imperial BK of Commerce | Reduce -2.5% | 2.12% | −0.18 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -1.2% | 0.84% | −0.15 |
| WPM Wheaton Precious Metals Corp. | Reduce -1.6% | 0.80% | −0.13 |
| EMA Emera Inc. | Reduce -46.4% | 0.10% | −0.12 |
| FTS Fortis Inc. | Reduce -8.2% | 0.33% | −0.09 |
| AON Aon PLC Class A | Reduce -44.0% | 0.08% | −0.09 |
| FSV Firstservice Corp. | Reduce -9.4% | 0.12% | −0.08 |
| BCE Bce Inc. | Reduce -25.3% | 0.11% | −0.06 |
| RCI Rogers Communications Inc. Class B | Reduce -22.5% | 0.15% | −0.06 |
| MSI Motorola Solutions Inc. | Reduce -16.0% | 0.08% | −0.06 |
| PRAX Praxis Precision Medicines I | Reduce -99.8% | 0.00% | −0.06 |
| NTR Nutrien Ltd. | Reduce -34.1% | 0.08% | −0.05 |
| GRTUF Granite Real Estate Investme | Reduce -1.1% | 0.42% | −0.05 |
| KMB Kimberly-Clark Corp. | Reduce -51.0% | 0.02% | −0.05 |
| BEP Brookfield Renewable Partner | Reduce -0.5% | 0.30% | −0.04 |
| GIL Gildan Activewear Inc. | Reduce -10.4% | 0.18% | −0.04 |
| MELI MercadoLibre Inc. | Reduce -23.7% | 0.05% | −0.04 |
| DCBO Docebo Inc. | Sold out | 0.00% | −0.03 |
| MBB iShares MBS ETF | Reduce -2.0% | 0.15% | −0.03 |
| ALLE Allegion PLC | Reduce -3.0% | 0.06% | −0.02 |
| VRSK Verisk Analytics Inc. | Reduce -16.9% | 0.03% | −0.02 |
| DHR Danaher Corp. | Reduce -9.0% | 0.13% | −0.02 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -10.8% | 0.07% | −0.02 |
| CEMB iShares JP Morgan Em Corpora | Reduce -44.0% | 0.01% | −0.02 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -7.0% | 0.09% | −0.01 |
| CIGI Colliers Intl GR-Subord Vot | Reduce -1.2% | 0.05% | −0.01 |
| BIPC Brookfield Infrastructure-A | Reduce -17.6% | 0.06% | −0.01 |
| HDB HDFC Bank Ltd.-ADR | Reduce -7.7% | 0.06% | −0.01 |
| GIB Cgi Inc. | Reduce -5.1% | 0.05% | −0.01 |
| KDP Keurig Dr Pepper Inc. | Reduce -14.3% | 0.04% | −0.01 |
| IMO Imperial Oil Ltd. | Reduce -4.5% | 0.03% | −0.01 |
| SAP Sap SE-Sponsored ADR | Reduce -15.3% | 0.02% | −0.01 |
| STN Stantec Inc. | Reduce -3.9% | 0.02% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| AAPL Apple Inc. | Add +35.5% | 3.44% | +0.59 |
| GOOGL Alphabet Inc. Class A | Add +31.7% | 1.66% | +0.49 |
| NVDA Nvidia Corp. | Add +34.5% | 3.87% | +0.42 |
| GOOG Alphabet Inc. Class C | Add +26.8% | 1.38% | +0.37 |
| B Barrick Mining Corp. | Add +8.8% | 2.10% | +0.36 |
| BGSI Boyd Group Services Inc. | New | 0.31% | +0.31 |
| AMZN Amazon.com Inc. | Add +32.3% | 2.03% | +0.28 |
| LLY Eli Lilly & Co. | Add +33.4% | 0.76% | +0.28 |
| TSLA Tesla Inc. | Add +52.5% | 1.17% | +0.26 |
| BAM Brookfield Asset Mgmt-A | Add +99.1% | 0.62% | +0.21 |
| MU Micron Technology Inc. | Add +56.8% | 0.37% | +0.20 |
| ABBV Abbvie Inc. | Add +114.4% | 0.38% | +0.16 |
| AMD Advanced Micro Devices | Add +53.5% | 0.40% | +0.16 |
| MFC Manulife Financial Corp. | Add +14.6% | 1.49% | +0.15 |
| NXE Nexgen Energy Ltd. | Add +341.9% | 0.20% | +0.14 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +57.6% | 0.58% | +0.14 |
| XOM Exxon Mobil Corp. | Add +61.8% | 0.41% | +0.13 |
| JPM JPMorgan Chase & Co. | Add +46.2% | 0.64% | +0.13 |
| META Meta Platforms Inc. Class A | Add +45.0% | 1.38% | +0.11 |
| MGA Magna International Inc. | Add +165.2% | 0.17% | +0.10 |
| JNJ Johnson & Johnson | Add +33.6% | 0.48% | +0.09 |
| WMT Walmart Inc. | Add +51.9% | 0.34% | +0.09 |
| GS Goldman Sachs Group Inc. | Add +82.4% | 0.19% | +0.08 |
| C Citigroup Inc. | Add +104.6% | 0.15% | +0.07 |
| MA Mastercard Inc. Class A | Add +55.2% | 0.31% | +0.07 |
| MRK Merck & Co. Inc. | Add +51.6% | 0.18% | +0.07 |
| QCOM Qualcomm Inc. | Add +57.0% | 0.26% | +0.07 |
| ISRG Intuitive Surgical Inc. | Add +25.0% | 0.27% | +0.07 |
| MSFT Microsoft Corp. | Add +31.1% | 3.21% | +0.06 |
| LRCX Lam Research Corp. | Add +33.2% | 0.22% | +0.06 |
| CAT Caterpillar Inc. | Add +68.4% | 0.16% | +0.06 |
| BAC Bank of America Corp. | Add +46.6% | 0.27% | +0.06 |
| BRO Brown & Brown Inc. | Add +459.7% | 0.08% | +0.06 |
| CSCO Cisco Systems Inc. | Add +27.8% | 0.35% | +0.06 |
| WFC Wells Fargo & Co. | Add +59.4% | 0.18% | +0.06 |
| CAE Cae Inc. | Add +243.9% | 0.08% | +0.06 |
| GE General Electric | Add +65.7% | 0.19% | +0.05 |
| COF Capital One Financial Corp. | Add +107.7% | 0.11% | +0.05 |
| APH Amphenol Corp. Class A | Add +97.0% | 0.12% | +0.05 |
| AOS Smith (a.o.) Corp. | Add +273.9% | 0.08% | +0.05 |
| CRM Salesforce Inc. | Add +60.4% | 0.16% | +0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +39.9% | 0.31% | +0.05 |
| IBM Intl Business Machines Corp. | Add +58.1% | 0.18% | +0.05 |
| GEV GE Vernova Inc. | Add +95.4% | 0.12% | +0.05 |
| INTC Intel Corp. | Add +38.9% | 0.21% | +0.04 |
| V Visa Inc. Class A | Add +27.2% | 0.54% | +0.04 |
| WDC Western Digital Corp. | Add +201.2% | 0.06% | +0.04 |
| MS Morgan Stanley | Add +61.0% | 0.13% | +0.04 |
| RTX RTX Corp. | Add +46.8% | 0.16% | +0.04 |
| KO The Coca-Cola Co. | Add +37.2% | 0.23% | +0.04 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,428 | $45.6B | RY, NVDA, TD, AAPL, BMO |
| Q1 2026 | 1,371 | $40.9B | RY, NVDA, AAPL, TD, MSFT |
| Q4 2025 | 1,366 | $41.4B | RY, NVDA, AAPL, TD, MSFT |
| Q3 2025 | 1,239 | $34.5B | RY, TD, NVDA, MSFT, AAPL |
| Q2 2025 | 1,219 | $31.8B | RY, TD, MSFT, NVDA, BN |
| Q1 2025 | 1,179 | $30.1B | RY, TD, ENB, AAPL, MSFT |
| Q4 2024 | 1,218 | $30.5B | RY, ENB, AAPL, MSFT, TD |
| Q3 2024 | 1,210 | $30.8B | RY, TD, ENB, MSFT, AAPL |
| Q2 2024 | 1,144 | $28.1B | RY, MSFT, TD, ENB, CNQ |
| Q1 2024 | 1,124 | $28.8B | RY, TD, CNQ, BMO, CP |