Connor, Clark & Lunn Investment Management Ltd.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 13, 2026), Connor, Clark & Lunn Investment Management Ltd. reported 1,621 stock positions worth $52.8 billion. Its top holding was Royal Bank of Canada (RY) at 4.3% of the portfolio, followed by Toronto-Dominion Bank (TD, 2.7%) and Nvidia (NVDA, 2.2%). Compared with Q1 2026, it opened 298 new positions, sold out of 202, added to 715 and reduced 577. The biggest buy was Bank of Montreal (BMO, shares +84%) and the biggest sale Shopify Class A (SHOP, shares −8%).
- Most Recent 13F
- Q2 2026
- Location
- VANCOUVER, A1
- CIK
- 0001596800
- Portfolio Value
- $52.8B (Q2 2026)
- SEC Filing
- 0001596800-26-000012 ↗ filed Aug 13, 2026
Holdings Value
Holdings 1,621 stocks · $52.8B
| RY Royal Bank of Canada | 4.28% | 10,928,916 | $2.3B | Add +0.9% |
| TD Toronto-Dominion Bank | 2.73% | 11,854,139 | $1.4B | Add +11.4% |
| NVDA Nvidia Corp. | 2.23% | 5,893,585 | $1.2B | Add +13.8% |
| ENB Enbridge Inc. | 2.12% | 20,624,547 | $1.1B | Add +18.4% |
| AAPL Apple Inc. | 2.01% | 3,675,441 | $1.1B | Add +21.6% |
| TRP TC Energy Corp. | 1.85% | 14,781,669 | $978.0M | Add +13.2% |
| AEM Agnico Eagle Mines Ltd. | 1.76% | 5,995,364 | $927.6M | Add +4.3% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO | 1.74% | 7,969,186 | $916.8M | Reduce -12.8% |
| SU Suncor Energy Inc. | 1.55% | 15,195,542 | $816.6M | Add +4.7% |
| CP Canadian Pacific Kansas City | 1.52% | 9,270,972 | $803.0M | Add +31.0% |
| PBUS Invesco MSCI USA ETF | 1.36% | 9,625,100 | $720.3M | No change |
| AMZN Amazon.com Inc. | 1.35% | 2,989,642 | $712.6M | Add +22.1% |
| BMO Bank of Montreal filed as BANK MONTREAL MEDIUM | 1.28% | 3,839,476 | $677.1M | Add +83.7% |
| CNI Canadian Natl Railway Co. | 1.28% | 5,674,241 | $676.4M | Add +24.0% |
| SHOP Shopify Inc. Class A | 1.28% | 5,906,160 | $675.0M | Reduce -7.5% |
| CLS Celestica Inc. | 1.28% | 1,846,032 | $674.2M | Add +10.6% |
| MSFT Microsoft Corp. | 1.20% | 1,704,284 | $635.7M | Add +16.5% |
| AVGO Broadcom Inc. | 1.10% | 1,533,500 | $579.3M | Add +88.9% |
| GOOGL Alphabet Inc. Class A | 1.08% | 1,598,941 | $571.4M | Add +4.3% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA B C | 1.07% | 6,543,050 | $567.3M | Reduce -29.9% |
| TSM Taiwan Semiconductor-SP ADR | 1.06% | 1,171,436 | $559.4M | Add +37.9% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 1.04% | 275,301 | $547.7M | Add +32.7% |
| MU Micron Technology Inc. | 0.95% | 432,744 | $499.5M | Reduce -33.6% |
| GOOG Alphabet Inc. Class C | 0.91% | 1,364,312 | $482.1M | Reduce -0.5% |
| AMD Advanced Micro Devices | 0.81% | 734,227 | $426.5M | Add +5.8% |
| WCN Waste Connections Inc. | 0.79% | 2,488,903 | $414.5M | Add +48.8% |
| CVE Cenovus Energy Inc. | 0.67% | 14,283,683 | $355.8M | Add +61.7% |
| V Visa Inc. Class A | 0.67% | 1,030,032 | $353.4M | Add +21.1% |
| LRCX Lam Research Corp. | 0.64% | 774,460 | $335.6M | Reduce -28.8% |
| EFXT Enerflex Ltd. | 0.63% | 13,471,786 | $330.5M | Add +20.4% |
| MDA Mda Space Ltd. | 0.60% | 7,726,685 | $318.6M | Reduce -20.4% |
| FTS Fortis Inc. | 0.59% | 5,436,620 | $311.1M | Add +12.3% |
| CCJ Cameco Corp. | 0.57% | 2,965,721 | $302.0M | Reduce -19.5% |
| B Barrick Mining Corp. | 0.53% | 7,615,894 | $279.8M | Reduce -11.3% |
| MCD McDonald's Corp. | 0.50% | 986,141 | $266.6M | Add +29.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.50% | 530,225 | $265.3M | Add +109.5% |
| KGC Kinross Gold Corp. | 0.50% | 11,188,912 | $264.7M | Add +4.7% |
| UNP Union Pacific Corp. | 0.50% | 965,121 | $262.5M | Add +3.8% |
| MA Mastercard Inc. Class A | 0.49% | 501,306 | $257.5M | Reduce -12.6% |
| SCHW Schwab (charles) Corp. | 0.47% | 2,681,578 | $247.4M | Add +30.0% |
| META Meta Platforms Inc. Class A | 0.46% | 431,735 | $243.2M | Add +5.8% |
| CVX Chevron Corp. | 0.45% | 1,446,112 | $239.7M | Add +30.9% |
| BUD Anheuser-Busch Inbev-SPN ADR | 0.45% | 2,866,192 | $236.2M | Add +190.7% |
| ORLY O'reilly Automotive Inc. | 0.44% | 2,534,581 | $233.4M | Add +70.2% |
| MFC Manulife Financial Corp. | 0.44% | 5,687,844 | $230.5M | Reduce -7.3% |
| JPM JPMorgan Chase & Co. | 0.44% | 702,078 | $229.8M | Add +44.8% |
| HDB HDFC Bank Ltd.-ADR | 0.43% | 8,854,839 | $228.7M | Add +46.4% |
| TSLA Tesla Inc. | 0.42% | 523,630 | $220.2M | Add +20.4% |
| LLY Eli Lilly & Co. | 0.39% | 173,392 | $208.0M | Reduce -32.5% |
| QCOM Qualcomm Inc. | 0.39% | 1,118,392 | $206.7M | Add +61.8% |
| BN Brookfield Corp. | 0.39% | 4,832,734 | $206.0M | Reduce -2.1% |
| AMP Ameriprise Financial Inc. | 0.39% | 443,609 | $203.5M | Add +45.3% |
| SNPS Synopsys Inc. | 0.38% | 452,624 | $201.9M | Add +3.0% |
| BTE Baytex Energy Corp. | 0.37% | 49,180,551 | $197.1M | Add +23.5% |
| ABBV Abbvie Inc. | 0.36% | 751,485 | $189.1M | Add +115.8% |
| WPM Wheaton Precious Metals Corp. | 0.36% | 1,682,571 | $189.1M | Add +41.3% |
| PWR Quanta Services Inc. | 0.36% | 260,529 | $187.6M | Add +1.3% |
| STX Seagate Technology Holdings | 0.35% | 191,509 | $184.8M | Reduce -35.8% |
| TECK Teck Resources Ltd.-CLS B | 0.35% | 3,090,354 | $183.9M | Add +77.0% |
| BA The Boeing Co. | 0.34% | 836,569 | $181.1M | Add +30.4% |
| BAC Bank of America Corp. | 0.34% | 3,169,459 | $180.6M | Reduce -3.8% |
| CNQ Canadian Natural Resources | 0.34% | 4,567,458 | $180.5M | Reduce -32.0% |
| KMI Kinder Morgan Inc. | 0.33% | 5,513,189 | $176.3M | Reduce -3.7% |
| TXN Texas Instruments Inc. | 0.33% | 586,335 | $174.8M | Reduce -5.3% |
| WDC Western Digital Corp. | 0.33% | 269,532 | $172.2M | Reduce -2.2% |
| MS Morgan Stanley | 0.32% | 818,069 | $171.0M | Reduce -34.7% |
| COST Costco Wholesale Corp. | 0.32% | 181,256 | $169.6M | Reduce -7.3% |
| RTX RTX Corp. | 0.32% | 888,053 | $168.5M | Add +90.9% |
| UL Unilever PLC-Sponsored ADR | 0.31% | 2,751,880 | $165.4M | Add +100.3% |
| LOW Lowe's Cos Inc. | 0.31% | 749,964 | $165.4M | Add +34.3% |
| BEP Brookfield Renewable Partner | 0.31% | 4,706,519 | $162.9M | Add +9.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.31% | 573,368 | $161.2M | Add +74.7% |
| VRT Vertiv Holdings Co. Class A | 0.30% | 480,127 | $160.8M | Add +39.9% |
| IAG Iamgold Corp. | 0.30% | 10,042,436 | $158.9M | Add +16.8% |
| CSX CSX Corp. | 0.29% | 3,250,355 | $154.5M | Add +72.0% |
| WFC Wells Fargo & Co. | 0.29% | 1,855,506 | $153.3M | Add +28.7% |
| AXP American Express Co. | 0.29% | 452,876 | $153.2M | Add +28.1% |
| RBA RB Global Inc. | 0.29% | 1,315,495 | $153.0M | Add +17.2% |
| LIN Linde PLC | 0.29% | 292,185 | $151.6M | Add +165.9% |
| BTI British American Tob-SP ADR | 0.28% | 2,414,293 | $149.1M | Add +34.6% |
| BIP Brookfield Infrastructure Pa | 0.28% | 4,077,153 | $148.8M | Reduce -6.4% |
| ANET Arista Networks Inc. | 0.28% | 866,305 | $147.2M | Add +1857.8% |
| GSK GSK PLC-Spon ADR | 0.27% | 2,767,591 | $145.1M | Reduce -1.8% |
| QSR Restaurant Brands Intern | 0.27% | 1,977,662 | $143.3M | Add +71.5% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.27% | 3,033,651 | $141.0M | Add +104.8% |
| BKR Baker Hughes Co. | 0.26% | 2,504,571 | $139.0M | Add +46.3% |
| TFII Tfi International Inc. | 0.26% | 950,314 | $136.7M | Add +312.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.26% | 898,390 | $136.1M | Add +87.2% |
| SII Sprott Inc. | 0.26% | 1,203,583 | $135.9M | Add +13.4% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.25% | 579,093 | $132.9M | Add +44.2% |
| FNV Franco-Nevada Corp. | 0.25% | 632,473 | $131.8M | Add +323.2% |
| PAAS Pan American Silver Corp. | 0.25% | 2,916,962 | $130.6M | Reduce -6.4% |
| CSCO Cisco Systems Inc. | 0.24% | 1,063,689 | $124.9M | Add +1395.7% |
| IMO Imperial Oil Ltd. | 0.23% | 1,089,379 | $122.2M | Reduce -9.7% |
| UNH Unitedhealth Group Inc. | 0.23% | 293,392 | $121.9M | Reduce -50.0% |
| CVS CVS Health Corp. | 0.23% | 1,169,603 | $121.0M | Add +18.3% |
| FCX Freeport-McMoran Inc. | 0.23% | 1,916,291 | $120.5M | Add +53.8% |
| BLK BlackRock Inc. | 0.23% | 124,782 | $120.0M | Add +85.4% |
| AAL American Airlines Group Inc. | 0.23% | 6,620,243 | $119.6M | Add +55.7% |
| LMT Lockheed Martin Corp. | 0.23% | 233,616 | $119.0M | Reduce -15.9% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $147K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| XRXDW Xerox Holdings Corp. | *W EXP 02/11/202 | 533,789 | $147K | No change |
Total filed on the 13F, all lines: $52.8B.
Portfolio Sells Q1 2026 → Q2 2026
| SHOP Shopify Inc. Class A | Reduce -7.5% | 1.28% | −0.47 |
| BNS Bank of Nova Scotia | Reduce -29.9% | 1.07% | −0.42 |
| CNQ Canadian Natural Resources | Reduce -32.0% | 0.34% | −0.41 |
| CCJ Cameco Corp. | Reduce -19.5% | 0.57% | −0.35 |
| B Barrick Mining Corp. | Reduce -11.3% | 0.53% | −0.28 |
| CM Can Imperial BK of Commerce | Reduce -12.8% | 1.74% | −0.26 |
| SHEL Shell PLC-ADR | Reduce -73.5% | 0.06% | −0.25 |
| NTR Nutrien Ltd. | Reduce -73.7% | 0.05% | −0.24 |
| VALE Vale SA-SP ADR | Reduce -57.1% | 0.12% | −0.23 |
| EQX Equinox Gold Corp. | Reduce -69.1% | 0.05% | −0.23 |
| PG The Procter & Gamble Co. | Reduce -47.5% | 0.16% | −0.21 |
| NOW ServiceNow Inc. | Reduce -86.2% | 0.02% | −0.19 |
| NGG National Grid PLC-SP ADR | Reduce -41.5% | 0.17% | −0.19 |
| SAP Sap SE-Sponsored ADR | Reduce -81.2% | 0.03% | −0.18 |
| ORLA Orla Mining Ltd. | Reduce -11.9% | 0.14% | −0.18 |
| GE General Electric | Reduce -66.3% | 0.10% | −0.17 |
| MA Mastercard Inc. Class A | Reduce -12.6% | 0.49% | −0.17 |
| XOM Exxon Mobil Corp. | Reduce -13.7% | 0.22% | −0.17 |
| LMT Lockheed Martin Corp. | Reduce -15.9% | 0.23% | −0.16 |
| EEMS iShares MSCI Emerging MKT SM | Sold out | 0.00% | −0.16 |
| BMY Bristol-Myers Squibb Co. | Sold out | 0.00% | −0.15 |
| RCI Rogers Communications Inc. Class B | Reduce -33.5% | 0.13% | −0.15 |
| MS Morgan Stanley | Reduce -34.7% | 0.32% | −0.15 |
| LLY Eli Lilly & Co. | Reduce -32.5% | 0.39% | −0.15 |
| HBM Hudbay Minerals Inc. | Reduce -39.8% | 0.19% | −0.15 |
| MELI MercadoLibre Inc. | Sold out | 0.00% | −0.15 |
| PAAS Pan American Silver Corp. | Reduce -6.4% | 0.25% | −0.15 |
| MEOH Methanex Corp. | Reduce -34.7% | 0.10% | −0.14 |
| UNH Unitedhealth Group Inc. | Reduce -50.0% | 0.23% | −0.13 |
| IMO Imperial Oil Ltd. | Reduce -9.7% | 0.23% | −0.13 |
| NFLX Netflix Inc. | Reduce -63.1% | 0.04% | −0.13 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -46.3% | 0.13% | −0.13 |
| EGO Eldorado Gold Corp. | Sold out | 0.00% | −0.13 |
| COST Costco Wholesale Corp. | Reduce -7.3% | 0.32% | −0.13 |
| ALB Albemarle Corp. | Reduce -21.9% | 0.11% | −0.12 |
| PGR Progressive Corp. | Reduce -73.9% | 0.04% | −0.12 |
| LVS Las Vegas Sands Corp. | Reduce -89.7% | 0.01% | −0.11 |
| CAT Caterpillar Inc. | Reduce -65.3% | 0.09% | −0.11 |
| F Ford Motor Co. | Reduce -60.8% | 0.07% | −0.11 |
| ARIS Aris Mining Corp. | Reduce -9.1% | 0.17% | −0.11 |
| KMI Kinder Morgan Inc. | Reduce -3.7% | 0.33% | −0.11 |
| HSBC HSBC Holdings PLC-Spons ADR | Reduce -58.1% | 0.07% | −0.11 |
| SE Sea Ltd.-ADR | Sold out | 0.00% | −0.11 |
| ETN Eaton Corp. PLC | Sold out | 0.00% | −0.11 |
| EQNR Equinor ASA-Spon ADR | Reduce -36.7% | 0.07% | −0.11 |
| ICE Intercontinental Exchange Inc. | Reduce -38.5% | 0.07% | −0.11 |
| PLTR Palantir Technologies Inc. Class A | Sold out | 0.00% | −0.10 |
| INFY Infosys Ltd.-SP ADR | Reduce -34.3% | 0.07% | −0.10 |
| STN Stantec Inc. | Reduce -76.1% | 0.02% | −0.10 |
| SNY Sanofi-ADR | Reduce -17.4% | 0.15% | −0.10 |
Portfolio Buys Q1 2026 → Q2 2026
| BMO Bank of Montreal | Add +83.7% | 1.28% | +0.63 |
| AVGO Broadcom Inc. | Add +88.9% | 1.10% | +0.52 |
| AMD Advanced Micro Devices | Add +5.8% | 0.81% | +0.48 |
| TD Toronto-Dominion Bank | Add +11.4% | 2.73% | +0.44 |
| ASML ASML Holding NV-NY Reg SHS | Add +32.7% | 1.04% | +0.41 |
| TSM Taiwan Semiconductor-SP ADR | Add +37.9% | 1.06% | +0.40 |
| BUD Anheuser-Busch Inbev-SPN ADR | Add +190.7% | 0.45% | +0.29 |
| ANET Arista Networks Inc. | Add +1857.8% | 0.28% | +0.27 |
| AAPL Apple Inc. | Add +21.6% | 2.01% | +0.25 |
| RY Royal Bank of Canada | Add +0.9% | 4.28% | +0.25 |
| CP Canadian Pacific Kansas City | Add +31.0% | 1.52% | +0.24 |
| CSCO Cisco Systems Inc. | Add +1395.7% | 0.24% | +0.22 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +109.5% | 0.50% | +0.22 |
| FTNT Fortinet Inc. | New | 0.21% | +0.21 |
| TFII Tfi International Inc. | Add +312.9% | 0.26% | +0.20 |
| CNI Canadian Natl Railway Co. | Add +24.0% | 1.28% | +0.20 |
| CLS Celestica Inc. | Add +10.6% | 1.28% | +0.19 |
| QCOM Qualcomm Inc. | Add +61.8% | 0.39% | +0.19 |
| ABBV Abbvie Inc. | Add +115.8% | 0.36% | +0.18 |
| AMZN Amazon.com Inc. | Add +22.1% | 1.35% | +0.18 |
| FNV Franco-Nevada Corp. | Add +323.2% | 0.25% | +0.16 |
| FMX Fomento Economico Mex-SP ADR | Add +412.5% | 0.21% | +0.16 |
| LIN Linde PLC | Add +165.9% | 0.29% | +0.16 |
| WCN Waste Connections Inc. | Add +48.8% | 0.79% | +0.16 |
| NVDA Nvidia Corp. | Add +13.8% | 2.23% | +0.15 |
| MXL Maxlinear Inc. | Add +346.2% | 0.15% | +0.15 |
| ZS Zscaler Inc. | Add +410.6% | 0.19% | +0.15 |
| ALAB Astera Labs Inc. | New | 0.15% | +0.15 |
| LYV Live Nation Entertainment Inc. | Add +389.4% | 0.18% | +0.15 |
| SPOT Spotify Technology SA | Add +572.8% | 0.17% | +0.14 |
| TECK Teck Resources Ltd.-CLS B | Add +77.0% | 0.35% | +0.14 |
| CVE Cenovus Energy Inc. | Add +61.7% | 0.67% | +0.14 |
| UL Unilever PLC-Sponsored ADR | Add +100.3% | 0.31% | +0.13 |
| OGC Oceanagold Corp. | New | 0.13% | +0.13 |
| ORLY O'reilly Automotive Inc. | Add +70.2% | 0.44% | +0.13 |
| MRVL Marvell Technology Inc. | New | 0.12% | +0.12 |
| IBM Intl Business Machines Corp. | Add +74.7% | 0.31% | +0.12 |
| AAL American Airlines Group Inc. | Add +55.7% | 0.23% | +0.12 |
| CSX CSX Corp. | Add +72.0% | 0.29% | +0.11 |
| RTX RTX Corp. | Add +90.9% | 0.32% | +0.11 |
| NEM Newmont Corp. | New | 0.11% | +0.11 |
| SANM Sanmina Corp. | Add +199.0% | 0.14% | +0.11 |
| JPM JPMorgan Chase & Co. | Add +44.8% | 0.44% | +0.11 |
| NVTS Navitas Semiconductor Corp. | Add +132.3% | 0.14% | +0.11 |
| VRT Vertiv Holdings Co. Class A | Add +39.9% | 0.30% | +0.11 |
| AZO AutoZone Inc. | New | 0.10% | +0.10 |
| AEHR Aehr Test Systems | Add +206.6% | 0.12% | +0.10 |
| RIOT Riot Platforms Inc. | Add +28.8% | 0.18% | +0.10 |
| AMAT Applied Materials Inc. | Add +106.8% | 0.14% | +0.10 |
| MPWR Monolithic Power Systems Inc. | Add +1773.3% | 0.10% | +0.09 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,621 | $52.8B | RY, TD, NVDA, ENB, AAPL |
| Q1 2026 | 1,525 | $43.4B | RY, AEM, TD, SU, ENB |
| Q4 2025 | 1,505 | $38.1B | RY, AEM, SHOP, TD, CM |
| Q3 2025 | 1,475 | $31.7B | RY, AEM, SHOP, CM, TD |
| Q2 2025 | 1,486 | $28.4B | RY, AEM, SHOP, TD, CM |
| Q1 2025 | 1,383 | $22.9B | RY, AEM, SHOP, TD, CM |
| Q4 2024 | 1,386 | $22.1B | RY, SHOP, CM, TD, ENB |
| Q3 2024 | 1,400 | $20.6B | RY, CM, TD, ENB, AEM |
| Q2 2024 | 1,345 | $23.8B | RY, MSFT, AAPL, TD, NVDA |
| Q1 2024 | 1,501 | $23.2B | RY, TD, BNS, AAPL, SHOP |