Connor, Clark & Lunn Investment Management Ltd.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 9, 2024), Connor, Clark & Lunn Investment Management Ltd. reported 1,501 stock positions worth $23.2 billion. Its top holding was Royal Bank of Canada (RY) at 3.9% of the portfolio, followed by Toronto-Dominion Bank (TD, 2.6%) and Bank of Nova Scotia (BNS, 2.4%). Compared with Q4 2023, it opened 402 new positions, sold out of 253, added to 609 and reduced 481. The biggest buy was Manulife Financial (MFC, shares +193%) and the biggest sale Toronto-Dominion Bank (TD, shares −15%).
- Most Recent 13F
- Q2 2026
- Location
- VANCOUVER, A1
- CIK
- 0001596800
- Portfolio Value
- $23.2B (Q1 2024)
- SEC Filing
- 0001426327-24-000004 ↗ filed May 9, 2024
Holdings Value
Holdings 1,501 stocks · $23.2B
| RY Royal Bank of Canada | 3.88% | 8,940,117 | $902.1M | Add +4.6% |
| TD Toronto-Dominion Bank | 2.58% | 9,943,670 | $600.4M | Reduce -15.0% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 2.36% | 10,582,719 | $547.7M | Add +19.6% |
| AAPL Apple Inc. | 2.34% | 3,170,810 | $543.7M | Add +3.2% |
| SHOP Shopify Inc. Class A | 2.30% | 6,913,809 | $533.6M | Reduce -13.1% |
| MSFT Microsoft Corp. | 2.07% | 1,143,536 | $481.1M | Reduce -5.5% |
| CNI Canadian Natl Railway Co. | 2.04% | 3,599,708 | $474.2M | Add +7.1% |
| CNQ Canadian Natural Resources | 2.02% | 6,142,370 | $468.8M | Add +7.1% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM TO | 1.89% | 8,657,347 | $439.1M | Add +37.8% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 1.87% | 4,453,044 | $435.0M | Add +11.9% |
| NVDA Nvidia Corp. | 1.85% | 475,766 | $429.9M | Reduce -13.5% |
| CP Canadian Pacific Kansas City | 1.82% | 4,805,712 | $423.9M | Add +19.5% |
| ENB Enbridge Inc. | 1.73% | 11,093,398 | $401.1M | Reduce -0.8% |
| TRI Thomson Reuters Corp. | 1.41% | 2,111,672 | $328.8M | Reduce -6.5% |
| BN Brookfield Corp. | 1.36% | 7,531,142 | $315.3M | Add +13.0% |
| CCJ Cameco Corp. | 1.27% | 6,818,310 | $295.3M | Reduce -18.1% |
| CLS Celestica Inc. | 1.13% | 5,855,957 | $263.2M | Reduce -4.6% |
| SLF Sun Life Financial Inc. | 1.09% | 4,657,944 | $254.3M | Add +26.9% |
| AMZN Amazon.com Inc. | 1.05% | 1,348,428 | $243.2M | Reduce -14.1% |
| META Meta Platforms Inc. Class A | 1.00% | 479,019 | $232.6M | Reduce -8.1% |
| SU Suncor Energy Inc. | 0.98% | 6,162,649 | $227.5M | Add +11.4% |
| WCN Waste Connections Inc. | 0.96% | 1,299,291 | $223.5M | Add +10.1% |
| PBA Pembina Pipeline Corp. | 0.91% | 5,975,218 | $211.0M | Reduce -2.9% |
| CVE Cenovus Energy Inc. | 0.88% | 10,174,295 | $203.5M | Add +69.7% |
| MFC Manulife Financial Corp. | 0.87% | 8,105,857 | $202.5M | Add +193.0% |
| AEM Agnico Eagle Mines Ltd. | 0.86% | 3,358,450 | $200.3M | Add +10.3% |
| GOOG Alphabet Inc. Class C | 0.83% | 1,261,732 | $192.1M | Add +6.2% |
| DSGX The Descartes Systems Grp | 0.73% | 1,865,218 | $170.7M | Add +8.3% |
| WPM Wheaton Precious Metals Corp. | 0.72% | 3,545,791 | $167.1M | Reduce -4.3% |
| STN Stantec Inc. | 0.68% | 1,906,857 | $158.4M | Reduce -3.6% |
| INTC Intel Corp. | 0.68% | 3,563,647 | $157.4M | Add +23.0% |
| FTS Fortis Inc. | 0.65% | 3,804,357 | $150.4M | Reduce -28.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.63% | 349,769 | $147.1M | Reduce -12.0% |
| AMD Advanced Micro Devices | 0.59% | 756,547 | $136.5M | Reduce -24.4% |
| GOOGL Alphabet Inc. Class A | 0.58% | 897,862 | $135.5M | Reduce -24.7% |
| TRP TC Energy Corp. | 0.58% | 3,339,874 | $134.3M | Reduce -30.9% |
| BCE Bce Inc. | 0.57% | 3,866,834 | $131.5M | Reduce -16.1% |
| IMO Imperial Oil Ltd. | 0.56% | 1,887,606 | $130.3M | Reduce -26.0% |
| UBER Uber Technologies Inc. | 0.55% | 1,673,402 | $128.8M | Add +17.7% |
| UNH Unitedhealth Group Inc. | 0.55% | 256,414 | $126.8M | Add +83.0% |
| TECK Teck Resources Ltd.-CLS B | 0.52% | 2,651,362 | $121.4M | Add +39.1% |
| GIB Cgi Inc. | 0.51% | 1,079,835 | $119.2M | Add +22.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.51% | 615,301 | $117.5M | Add +16.9% |
| XYZ Block Inc. | 0.50% | 1,363,551 | $115.3M | Add +3.8% |
| QSR Restaurant Brands Intern | 0.48% | 1,414,645 | $112.4M | Add +15.8% |
| RCI Rogers Communications Inc. Class B | 0.47% | 2,692,977 | $110.4M | Reduce -19.3% |
| WFG West Fraser Timber Co. Ltd. | 0.46% | 1,231,085 | $106.3M | Reduce -3.6% |
| CRM Salesforce Inc. | 0.45% | 343,467 | $103.4M | Add +21.9% |
| MU Micron Technology Inc. | 0.43% | 857,090 | $101.0M | Add +23.1% |
| MCD McDonald's Corp. | 0.43% | 355,017 | $100.1M | Add +65.5% |
| GM General Motors Co. | 0.42% | 2,133,590 | $96.8M | Reduce -14.5% |
| PG The Procter & Gamble Co. | 0.41% | 592,482 | $96.1M | Reduce -13.0% |
| PDD PDD Holdings Inc. | 0.41% | 818,783 | $95.2M | Add +29.0% |
| CSX CSX Corp. | 0.41% | 2,567,482 | $95.2M | Add +1370.3% |
| TU Telus Corp. | 0.41% | 5,907,755 | $94.6M | Reduce -15.6% |
| RBA RB Global Inc. | 0.40% | 1,213,977 | $92.5M | Add +4.4% |
| ZTS Zoetis Inc. | 0.39% | 541,760 | $91.7M | Add +498.5% |
| CMCSA Comcast Corp. Class A | 0.39% | 2,085,185 | $90.4M | Add +162.2% |
| GRP.U Granite Real Estate Investme | 0.38% | 1,561,375 | $89.2M | Reduce -2.5% |
| JNJ Johnson & Johnson | 0.37% | 548,349 | $86.7M | Add +788.4% |
| MDT Medtronic PLC | 0.37% | 990,273 | $86.3M | Add +36.1% |
| FSV Firstservice Corp. | 0.36% | 498,544 | $82.6M | Reduce -1.1% |
| ATS Ats Corp. | 0.34% | 2,374,922 | $80.0M | Reduce -12.7% |
| FNV Franco-Nevada Corp. | 0.33% | 652,816 | $77.8M | Reduce -39.2% |
| BIP Brookfield Infrastructure Pa | 0.33% | 2,468,275 | $77.1M | Reduce -6.1% |
| P Everpure Inc. Class A filed as PURE STORAGE INC | 0.32% | 1,437,438 | $74.7M | Add +17.6% |
| AGI Alamos Gold Inc. Class A | 0.31% | 4,929,027 | $72.7M | Reduce -4.9% |
| COIN Coinbase Global Inc. Class A | 0.30% | 264,679 | $70.2M | Reduce -23.6% |
| INCY Incyte Corp. | 0.29% | 1,187,411 | $67.6M | Add +29.6% |
| TDG Transdigm Group Inc. | 0.29% | 54,439 | $67.0M | Add +45.1% |
| NTNX Nutanix Inc. Class A | 0.29% | 1,075,685 | $66.4M | Add +12.1% |
| OTEX Open Text Corp. | 0.28% | 1,691,873 | $65.7M | Add +23.2% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.28% | 424,710 | $65.5M | Add +3.1% |
| CB Chubb Ltd. | 0.28% | 250,913 | $65.0M | Add +2357.5% |
| NFLX Netflix Inc. | 0.27% | 105,147 | $63.9M | Add +156.8% |
| TSLA Tesla Inc. | 0.27% | 361,538 | $63.6M | Add +85.9% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.27% | 197,258 | $63.2M | Reduce -3.0% |
| V Visa Inc. Class A | 0.27% | 225,655 | $63.0M | Add +185.7% |
| KMX Carmax Inc. | 0.27% | 713,030 | $62.1M | Add +14.1% |
| CVX Chevron Corp. | 0.27% | 390,584 | $61.6M | Add +99.1% |
| INDA iShares MSCI India ETF | 0.26% | 1,190,134 | $61.4M | Add +79.8% |
| OR Osisko Gold Royalties Ltd. | 0.26% | 3,732,895 | $61.3M | Add +60.9% |
| MS Morgan Stanley | 0.26% | 635,457 | $59.8M | Add +27.8% |
| LOW Lowe's Cos Inc. | 0.26% | 232,965 | $59.3M | Add +771.2% |
| CEG Constellation Energy | 0.25% | 317,268 | $58.6M | Reduce -0.8% |
| COST Costco Wholesale Corp. | 0.25% | 78,505 | $57.5M | Add +4746.0% |
| TFII Tfi International Inc. | 0.25% | 359,674 | $57.4M | Reduce -17.4% |
| PANW Palo Alto Networks Inc. | 0.25% | 201,691 | $57.3M | Add +95.7% |
| GILD Gilead Sciences Inc. | 0.24% | 775,491 | $56.8M | Add +802.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.24% | 543,603 | $55.1M | Add +48.7% |
| MRSH Marsh & McLennan Cos | 0.23% | 262,804 | $54.1M | Add +3.9% |
| ASML ASML Holding NV-NY Reg SHS | 0.23% | 55,512 | $53.9M | Add +699.8% |
| T AT&T Inc. | 0.23% | 3,014,194 | $53.0M | Add +26.3% |
| MEOH Methanex Corp. | 0.23% | 1,183,006 | $52.7M | Add +24.9% |
| EEM iShares MSCI Emerging Market | 0.22% | 1,263,400 | $51.9M | New |
| ABT Abbott Laboratories | 0.22% | 453,286 | $51.5M | Reduce -29.0% |
| KGC Kinross Gold Corp. | 0.22% | 8,392,365 | $51.5M | Add +185.0% |
| VRTX Vertex Pharmaceuticals Inc. | 0.21% | 119,444 | $49.9M | Add +74.6% |
| BA The Boeing Co. | 0.21% | 257,127 | $49.6M | Add +11242.2% |
| DHR Danaher Corp. | 0.21% | 197,719 | $49.4M | Add +777.4% |
Portfolio Sells Q4 2023 → Q1 2024
| TD Toronto-Dominion Bank | Reduce -15.0% | 2.58% | −0.94 |
| SHOP Shopify Inc. Class A | Reduce -13.1% | 2.30% | −0.59 |
| DIS The Walt Disney Co. | Reduce -98.8% | 0.01% | −0.51 |
| MRK Merck & Co. Inc. | Reduce -76.3% | 0.17% | −0.48 |
| CCJ Cameco Corp. | Reduce -18.1% | 1.27% | −0.40 |
| NTR Nutrien Ltd. | Reduce -76.3% | 0.10% | −0.39 |
| FTS Fortis Inc. | Reduce -28.4% | 0.65% | −0.37 |
| UPS United Parcel Service Class B | Reduce -79.4% | 0.08% | −0.37 |
| BMY Bristol-Myers Squibb Co. | Reduce -97.3% | 0.01% | −0.35 |
| B Barrick Gold Corp. | Reduce -61.0% | 0.16% | −0.32 |
| TRP TC Energy Corp. | Reduce -30.9% | 0.58% | −0.30 |
| BCE Bce Inc. | Reduce -16.1% | 0.57% | −0.28 |
| FTNT Fortinet Inc. | Reduce -58.5% | 0.21% | −0.26 |
| RCI Rogers Communications Inc. Class B | Reduce -19.3% | 0.47% | −0.25 |
| LIN Linde PLC | Reduce -63.3% | 0.14% | −0.23 |
| FNV Franco-Nevada Corp. | Reduce -39.2% | 0.33% | −0.22 |
| ATS Ats Corp. | Reduce -12.7% | 0.34% | −0.20 |
| EBAY eBay Inc. | Reduce -65.7% | 0.12% | −0.20 |
| GOOGL Alphabet Inc. Class A | Reduce -24.7% | 0.58% | −0.19 |
| KO The Coca-Cola Co. | Reduce -83.1% | 0.04% | −0.19 |
| PAAS Pan American Silver Corp. | Reduce -39.1% | 0.19% | −0.17 |
| TU Telus Corp. | Reduce -15.6% | 0.41% | −0.17 |
| TEAM Atlassian Corp. Class A | Reduce -98.9% | 0.00% | −0.17 |
| CDNS Cadence Design SYS Inc. | Reduce -98.3% | 0.00% | −0.16 |
| TGT Target Corp. | Reduce -87.1% | 0.03% | −0.15 |
| JCI Johnson Controls Internation | Reduce -99.1% | 0.00% | −0.15 |
| CHKP Check Point Software Tech | Sold out | 0.00% | −0.15 |
| AMAT Applied Materials Inc. | Reduce -59.5% | 0.14% | −0.15 |
| ENB Enbridge Inc. | Reduce -0.8% | 1.73% | −0.15 |
| MNST Monster Beverage Corp. | Reduce -98.7% | 0.00% | −0.15 |
| DHI D.R. Horton Inc. | Reduce -74.1% | 0.05% | −0.14 |
| WDC Western Digital Corp. | Reduce -91.3% | 0.02% | −0.14 |
| BEP Brookfield Renewable Partner | Reduce -33.8% | 0.16% | −0.13 |
| WPM Wheaton Precious Metals Corp. | Reduce -4.3% | 0.72% | −0.13 |
| ED Consolidated Edison Inc. | Reduce -73.5% | 0.04% | −0.13 |
| TRI Thomson Reuters Corp. | Reduce -6.5% | 1.41% | −0.13 |
| ICE Intercontinental Exchange Inc. | Reduce -57.0% | 0.09% | −0.12 |
| IMO Imperial Oil Ltd. | Reduce -26.0% | 0.56% | −0.12 |
| NSC Norfolk Southern Corp. | Reduce -81.3% | 0.03% | −0.12 |
| ROKU Roku Inc. | Reduce -16.2% | 0.14% | −0.11 |
| ABT Abbott Laboratories | Reduce -29.0% | 0.22% | −0.11 |
| PINS Pinterest Inc. Class A | Sold out | 0.00% | −0.10 |
| MCK McKesson Corp. | Reduce -96.1% | 0.00% | −0.10 |
| MMM 3M Co. | Reduce -98.0% | 0.00% | −0.10 |
| ADP Automatic Data Processing | Reduce -64.2% | 0.06% | −0.10 |
| VLO Valero Energy Corp. | Reduce -97.8% | 0.00% | −0.10 |
| AMD Advanced Micro Devices | Reduce -24.4% | 0.59% | −0.10 |
| BX Blackstone Inc. | Reduce -96.6% | 0.00% | −0.10 |
| EW Edwards Lifesciences Corp. | Reduce -98.3% | 0.00% | −0.10 |
| VALE Vale SA-SP ADR | Reduce -7.5% | 0.18% | −0.10 |
Portfolio Buys Q4 2023 → Q1 2024
| MFC Manulife Financial Corp. | Add +193.0% | 0.87% | +0.59 |
| CM Can Imperial BK of Commerce | Add +37.8% | 1.89% | +0.48 |
| CVE Cenovus Energy Inc. | Add +69.7% | 0.88% | +0.41 |
| CSX CSX Corp. | Add +1370.3% | 0.41% | +0.38 |
| BNS Bank of Nova Scotia | Add +19.6% | 2.36% | +0.35 |
| CP Canadian Pacific Kansas City | Add +19.5% | 1.82% | +0.34 |
| JNJ Johnson & Johnson | Add +788.4% | 0.37% | +0.33 |
| ZTS Zoetis Inc. | Add +498.5% | 0.39% | +0.31 |
| CB Chubb Ltd. | Add +2357.5% | 0.28% | +0.27 |
| CNQ Canadian Natural Resources | Add +7.1% | 2.02% | +0.27 |
| COST Costco Wholesale Corp. | Add +4746.0% | 0.25% | +0.24 |
| LOW Lowe's Cos Inc. | Add +771.2% | 0.26% | +0.23 |
| CMCSA Comcast Corp. Class A | Add +162.2% | 0.39% | +0.23 |
| EEM iShares MSCI Emerging Market | New | 0.22% | +0.22 |
| GILD Gilead Sciences Inc. | Add +802.6% | 0.24% | +0.21 |
| BA The Boeing Co. | Add +11242.2% | 0.21% | +0.21 |
| ASML ASML Holding NV-NY Reg SHS | Add +699.8% | 0.23% | +0.21 |
| SLF Sun Life Financial Inc. | Add +26.9% | 1.09% | +0.21 |
| UNH Unitedhealth Group Inc. | Add +83.0% | 0.55% | +0.20 |
| DHR Danaher Corp. | Add +777.4% | 0.21% | +0.19 |
| NFLX Netflix Inc. | Add +156.8% | 0.27% | +0.18 |
| V Visa Inc. Class A | Add +185.7% | 0.27% | +0.18 |
| HD Home Depot Inc. | Add +1613.1% | 0.18% | +0.17 |
| MU Micron Technology Inc. | Add +23.1% | 0.43% | +0.16 |
| SU Suncor Energy Inc. | Add +11.4% | 0.98% | +0.15 |
| TECK Teck Resources Ltd.-CLS B | Add +39.1% | 0.52% | +0.15 |
| UBER Uber Technologies Inc. | Add +17.7% | 0.55% | +0.15 |
| GPC Genuine Parts Co. | Add +3784.5% | 0.15% | +0.14 |
| WCN Waste Connections Inc. | Add +10.1% | 0.96% | +0.14 |
| KGC Kinross Gold Corp. | Add +185.0% | 0.22% | +0.14 |
| MCD McDonald's Corp. | Add +65.5% | 0.43% | +0.13 |
| UNP Union Pacific Corp. | Add +5709.0% | 0.13% | +0.13 |
| HON Honeywell International Inc. | Add +360.2% | 0.17% | +0.13 |
| CVX Chevron Corp. | Add +99.1% | 0.27% | +0.13 |
| ADBE Adobe Inc. | New | 0.12% | +0.12 |
| P Everpure Inc. Class A | Add +17.6% | 0.32% | +0.12 |
| INDA iShares MSCI India ETF | Add +79.8% | 0.26% | +0.11 |
| XEL Xcel Energy Inc. | New | 0.11% | +0.11 |
| TDG Transdigm Group Inc. | Add +45.1% | 0.29% | +0.11 |
| BN Brookfield Corp. | Add +13.0% | 1.36% | +0.11 |
| NKE Nike Inc. Class B | New | 0.11% | +0.11 |
| BAC Bank of America Corp. | New | 0.11% | +0.11 |
| OR Osisko Gold Royalties Ltd. | Add +60.9% | 0.26% | +0.11 |
| INTU Intuit Inc. | New | 0.11% | +0.11 |
| SE Sea Ltd.-ADR | New | 0.11% | +0.11 |
| MA Mastercard Inc. Class A | Add +808.1% | 0.12% | +0.11 |
| PANW Palo Alto Networks Inc. | Add +95.7% | 0.25% | +0.10 |
| IBM Intl Business Machines Corp. | Add +16.9% | 0.51% | +0.10 |
| CMI Cummins Inc. | Add +462.5% | 0.12% | +0.10 |
| BLDR Builders Firstsource Inc. | Add +119.9% | 0.16% | +0.10 |
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 |