Empire Life Investments Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 31, 2024), Empire Life Investments Inc. reported 94 stock positions worth $1.6 billion. Its top holding was Microsoft (MSFT) at 7.6% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 4.4%) and Amazon.com (AMZN, 3.6%). Compared with Q1 2024, it opened 7 new positions, sold out of 7, added to 33 and reduced 54. The biggest buy was Newmont (NEM, shares +154%) and the biggest sale Crocs (CROX, shares −94%).
- Most Recent 13F
- Q2 2026
- Location
- Toronto, A6
- CIK
- 0001640951
- Portfolio Value
- $1.6B (Q2 2024)
- SEC Filing
- 0000950123-24-006895 ↗ filed Jul 31, 2024
Holdings Value
Holdings 94 stocks · $1.6B
| MSFT Microsoft Corp. | 7.64% | 271,010 | $121.1M | Reduce -4.2% |
| VOO Vanguard S&P 500 ETF | 4.39% | 139,056 | $69.5M | Add +22.7% |
| AMZN Amazon.com Inc. | 3.63% | 298,136 | $57.6M | Add +1.4% |
| ELV Elevance Health Inc. | 3.35% | 97,879 | $53.0M | Reduce -5.5% |
| V Visa Inc. Class A | 3.15% | 189,983 | $49.9M | Reduce -3.9% |
| GOOG Alphabet Inc. Class C | 3.14% | 271,611 | $49.8M | Reduce -10.6% |
| PNC PNC Financial Services Group | 2.87% | 292,560 | $45.5M | Reduce -5.5% |
| MRK Merck & Co. Inc. | 2.86% | 366,433 | $45.4M | Reduce -21.8% |
| MA Mastercard Inc. Class A | 2.75% | 98,881 | $43.6M | Reduce -10.1% |
| ROST Ross Stores Inc. | 2.57% | 280,359 | $40.7M | Reduce -5.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 2.47% | 355,023 | $39.1M | Reduce -6.0% |
| NEM Newmont Corp. | 2.32% | 879,748 | $36.8M | Add +154.1% |
| FISV Fiserv Inc. | 2.23% | 237,323 | $35.4M | Reduce -10.9% |
| EOG EOG Resources Inc. | 2.02% | 254,644 | $32.1M | Reduce -11.7% |
| JNJ Johnson & Johnson | 1.92% | 208,531 | $30.5M | Reduce -4.5% |
| TYL Tyler Technologies Inc. | 1.91% | 60,228 | $30.3M | Reduce -3.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.89% | 752,669 | $29.9M | Reduce -14.5% |
| NOC Northrop Grumman Corp. | 1.88% | 68,501 | $29.9M | Reduce -5.7% |
| CVX Chevron Corp. | 1.78% | 180,172 | $28.2M | Reduce -26.7% |
| MO Altria Group Inc. | 1.62% | 565,389 | $25.8M | Reduce -5.3% |
| AEE Ameren Corporation | 1.61% | 358,362 | $25.5M | Reduce -5.4% |
| IEFA iShares Core MSCI Eafe ETF | 1.60% | 348,644 | $25.3M | Add +79.5% |
| CMCSA Comcast Corp. Class A | 1.53% | 621,293 | $24.3M | Reduce -5.4% |
| TXN Texas Instruments Inc. | 1.52% | 123,915 | $24.1M | Reduce -5.5% |
| PEP Pepsico Inc. | 1.45% | 139,162 | $23.0M | Reduce -5.9% |
| AME Ametek Inc. | 1.41% | 134,509 | $22.4M | Add +0.5% |
| MSI Motorola Solutions Inc. | 1.39% | 56,942 | $22.0M | Reduce -3.2% |
| TDW Tidewater Inc. | 1.37% | 227,356 | $21.6M | Add +8.3% |
| COST Costco Wholesale Corp. | 1.32% | 24,618 | $20.9M | Reduce -5.3% |
| ZTS Zoetis Inc. | 1.29% | 118,292 | $20.5M | Add +45.2% |
| BMY Bristol-Myers Squibb Co. | 1.28% | 489,767 | $20.3M | Reduce -5.4% |
| AAPL Apple Inc. | 1.20% | 90,399 | $19.0M | Add +460.6% |
| WEC WEC Energy Group Inc. | 1.16% | 235,379 | $18.5M | Reduce -5.2% |
| FIS Fidelity National Info Serv | 1.14% | 239,592 | $18.1M | Reduce -5.4% |
| URTH iShares MSCI World ETF | 1.14% | 122,000 | $18.0M | Add +35.1% |
| T AT&T Inc. | 1.10% | 908,975 | $17.4M | Reduce -23.1% |
| ROP Roper Technologies Inc. | 1.02% | 28,781 | $16.2M | Reduce -5.9% |
| CME Cme Group Inc. | 1.01% | 81,076 | $15.9M | Reduce -5.3% |
| DHR Danaher Corp. | 1.00% | 63,546 | $15.9M | Reduce -5.5% |
| VNT Vontier Corp. | 1.00% | 414,681 | $15.8M | Reduce -8.5% |
| LRCX Lam Research Corp. | 0.97% | 14,465 | $15.4M | Reduce -2.3% |
| STZ Constellation Brands Inc. Class A | 0.94% | 58,063 | $14.9M | Reduce -5.4% |
| BTU Peabody Energy Corp. | 0.94% | 674,903 | $14.9M | Reduce -5.3% |
| QQQM Invesco Nasdaq 100 ETF | 0.88% | 70,600 | $13.9M | Add +0.1% |
| VZ Verizon Communications Inc. | 0.87% | 335,566 | $13.8M | Reduce -5.1% |
| WSC Willscot Holdings Corp. | 0.86% | 363,174 | $13.7M | Add +53.4% |
| RRX Regal Rexnord Corp. | 0.81% | 95,501 | $12.9M | Reduce -5.6% |
| GNTX Gentex Corp. | 0.81% | 382,484 | $12.9M | Reduce -4.9% |
| BSY Bentley Systems Inc. Class B | 0.79% | 254,609 | $12.6M | Reduce -3.8% |
| PM Philip Morris International | 0.77% | 120,576 | $12.2M | Reduce -10.8% |
| VLO Valero Energy Corp. | 0.76% | 76,556 | $12.0M | Reduce -24.3% |
| EXAS Exact Sciences Corp. | 0.67% | 251,087 | $10.6M | Reduce -3.8% |
| AZO AutoZone Inc. | 0.63% | 3,385 | $10.0M | New |
| CTAS Cintas Corp. | 0.61% | 13,756 | $9.6M | Reduce -2.9% |
| PGR Progressive Corp. | 0.52% | 39,724 | $8.3M | Reduce -33.6% |
| UNH Unitedhealth Group Inc. | 0.47% | 14,778 | $7.5M | Reduce -2.9% |
| MDB Mongodb Inc. | 0.42% | 26,524 | $6.6M | Add +11.1% |
| QUAL iShares MSCI USA Quality Fac | 0.41% | 38,147 | $6.5M | Add +3.3% |
| ADP Automatic Data Processing | 0.40% | 26,641 | $6.4M | Reduce -10.9% |
| SITE Siteone Landscape Supply Inc. | 0.34% | 44,950 | $5.5M | Reduce -2.7% |
| EVI Evi Industries Inc. | 0.28% | 235,672 | $4.5M | Reduce -3.5% |
| MSCI MSCI Inc. | 0.27% | 8,848 | $4.3M | Reduce -1.5% |
| EFG iShares MSCI Eafe Growth ETF | 0.26% | 40,036 | $4.1M | Add +43.3% |
| USMV iShares MSCI USA Min Vol Fac | 0.23% | 43,986 | $3.7M | Add +26.1% |
| HUBS HubSpot Inc. | 0.22% | 5,937 | $3.5M | Reduce -4.3% |
| VONG Vanguard Russell 1000 Growth | 0.21% | 35,075 | $3.3M | Add +26.3% |
| HBAN Huntington Bancshares Inc. | 0.21% | 248,613 | $3.3M | Reduce -5.4% |
| TDVG T Rowe Price Dividend Growth | 0.19% | 77,048 | $3.0M | Add +29.6% |
| VLTO Veralto Corp. | 0.17% | 28,759 | $2.7M | Reduce -5.4% |
| ACAD Acadia Pharmaceuticals Inc. | 0.16% | 160,662 | $2.6M | Reduce -5.4% |
| LEGN Legend Biotech Corp.-ADR | 0.16% | 56,320 | $2.5M | New |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.14% | 27,688 | $2.2M | Add +28.9% |
| VONV Vanguard Russell 1000 Value | 0.13% | 27,691 | $2.1M | Add +3.0% |
| MORN Morningstar Inc. | 0.13% | 6,750 | $2.0M | Add +1.4% |
| RJF Raymond James Financial Inc. | 0.12% | 15,027 | $1.9M | Add +1.4% |
| MTUM iShares MSCI USA Momentum Fa | 0.11% | 9,000 | $1.8M | New |
| ICE Intercontinental Exchange Inc. | 0.11% | 12,797 | $1.8M | Add +16.7% |
| CHRD Chord Energy Corp. | 0.11% | 10,399 | $1.7M | New |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.11% | 10,391 | $1.7M | Add +1.4% |
| FFLG Fidelity Fndmntl L/C GRW ETF | 0.11% | 72,200 | $1.7M | Add +34.5% |
| ANSS Ansys Inc. | 0.10% | 5,081 | $1.6M | Add +1.4% |
| CDW CDW Corp. | 0.09% | 6,535 | $1.5M | Add +1.4% |
| BURL Burlington Stores Inc. | 0.09% | 6,061 | $1.5M | Add +1.4% |
| IWY iShares Russell Top 200 Grow | 0.08% | 6,000 | $1.3M | Add +36.4% |
| CUBE Cubesmart | 0.08% | 26,819 | $1.2M | Add +1.4% |
| CHD Church & Dwight Co. Inc. | 0.07% | 10,598 | $1.1M | Add +1.4% |
| TWLO Twilio Inc. Class A | 0.07% | 18,887 | $1.1M | Add +0.3% |
| CROX Crocs Inc. | 0.07% | 7,323 | $1.1M | Reduce -93.8% |
| TCHP T Rowe Price Blue Chip Growt | 0.06% | 26,320 | $1.0M | Add +1.1% |
| IMTM iShares MSCI Intl Momentum F | 0.01% | 4,400 | $170K | New |
| FFOG Franklin Focused Dynamic Gro | 0.01% | 4,600 | $169K | New |
| IEV iShares Europe ETF | 0.01% | 2,919 | $160K | Reduce -53.3% |
| VT Vanguard Tot World STK ETF | 0.00% | 387 | $44K | New |
| OMER Omeros Corp. | 0.00% | 8,959 | $36K | Add +0.9% |
Portfolio Sells Q1 2024 → Q2 2024
| CROX Crocs Inc. | Reduce -93.8% | 0.07% | −0.98 |
| MRK Merck & Co. Inc. | Reduce -21.8% | 2.86% | −0.93 |
| CVX Chevron Corp. | Reduce -26.7% | 1.78% | −0.60 |
| MA Mastercard Inc. Class A | Reduce -10.1% | 2.75% | −0.50 |
| BMY Bristol-Myers Squibb Co. | Reduce -5.4% | 1.28% | −0.44 |
| EXAS Exact Sciences Corp. | Reduce -3.8% | 0.67% | −0.44 |
| FISV Fiserv Inc. | Reduce -10.9% | 2.23% | −0.38 |
| RRX Regal Rexnord Corp. | Reduce -5.6% | 0.81% | −0.30 |
| VLO Valero Energy Corp. | Reduce -24.3% | 0.76% | −0.30 |
| VNT Vontier Corp. | Reduce -8.5% | 1.00% | −0.26 |
| NOC Northrop Grumman Corp. | Reduce -5.7% | 1.88% | −0.25 |
| V Visa Inc. Class A | Reduce -3.9% | 3.15% | −0.24 |
| EOG EOG Resources Inc. | Reduce -11.7% | 2.02% | −0.24 |
| PGR Progressive Corp. | Reduce -33.6% | 0.52% | −0.24 |
| CMCSA Comcast Corp. Class A | Reduce -5.4% | 1.53% | −0.21 |
| PNC PNC Financial Services Group | Reduce -5.5% | 2.87% | −0.20 |
| JNJ Johnson & Johnson | Reduce -4.5% | 1.92% | −0.20 |
| T AT&T Inc. | Reduce -23.1% | 1.10% | −0.18 |
| BAC Bank of America Corp. | Reduce -14.5% | 1.89% | −0.16 |
| SITE Siteone Landscape Supply Inc. | Reduce -2.7% | 0.34% | −0.15 |
| PEP Pepsico Inc. | Reduce -5.9% | 1.45% | −0.14 |
| CME Cme Group Inc. | Reduce -5.3% | 1.01% | −0.13 |
| BTU Peabody Energy Corp. | Reduce -5.3% | 0.94% | −0.12 |
| AEE Ameren Corporation | Reduce -5.4% | 1.61% | −0.11 |
| ROST Ross Stores Inc. | Reduce -5.3% | 2.57% | −0.10 |
| EVI Evi Industries Inc. | Reduce -3.5% | 0.28% | −0.09 |
| WEC WEC Energy Group Inc. | Reduce -5.2% | 1.16% | −0.09 |
| STZ Constellation Brands Inc. Class A | Reduce -5.4% | 0.94% | −0.08 |
| GNTX Gentex Corp. | Reduce -4.9% | 0.81% | −0.08 |
| ALB Albemarle Corp. | Sold out | 0.00% | −0.07 |
| PLNT Planet Fitness Inc. Class A | Sold out | 0.00% | −0.06 |
| ADP Automatic Data Processing | Reduce -10.9% | 0.40% | −0.06 |
| BSY Bentley Systems Inc. Class B | Reduce -3.8% | 0.79% | −0.06 |
| IRDM Iridium Communications Inc. | Sold out | 0.00% | −0.05 |
| LAZ Lazard Inc. | Sold out | 0.00% | −0.05 |
| EQAL Invesco Russell 1000 Equal W | Sold out | 0.00% | −0.04 |
| MSCI MSCI Inc. | Reduce -1.5% | 0.27% | −0.04 |
| VZ Verizon Communications Inc. | Reduce -5.1% | 0.87% | −0.04 |
| VIGI Vanguard Int Div App Indx FD | Sold out | 0.00% | −0.03 |
| ROP Roper Technologies Inc. | Reduce -5.9% | 1.02% | −0.03 |
| DHR Danaher Corp. | Reduce -5.5% | 1.00% | −0.03 |
| ACAD Acadia Pharmaceuticals Inc. | Reduce -5.4% | 0.16% | −0.03 |
| HBAN Huntington Bancshares Inc. | Reduce -5.4% | 0.21% | −0.02 |
| HUBS HubSpot Inc. | Reduce -4.3% | 0.22% | −0.02 |
| FIS Fidelity National Info Serv | Reduce -5.4% | 1.14% | −0.01 |
| IEV iShares Europe ETF | Reduce -53.3% | 0.01% | −0.01 |
| URI United Rentals Inc. | Sold out | 0.00% | −0.01 |
| VLTO Veralto Corp. | Reduce -5.4% | 0.17% | +0.01 |
| PM Philip Morris International | Reduce -10.8% | 0.77% | +0.01 |
| CTAS Cintas Corp. | Reduce -2.9% | 0.61% | +0.01 |
Portfolio Buys Q1 2024 → Q2 2024
| NEM Newmont Corp. | Add +154.1% | 2.32% | +1.56 |
| VOO Vanguard S&P 500 ETF | Add +22.7% | 4.39% | +1.04 |
| AAPL Apple Inc. | Add +460.6% | 1.20% | +1.03 |
| IEFA iShares Core MSCI Eafe ETF | Add +79.5% | 1.60% | +0.71 |
| AZO AutoZone Inc. | New | 0.63% | +0.63 |
| ZTS Zoetis Inc. | Add +45.2% | 1.29% | +0.45 |
| AMZN Amazon.com Inc. | Add +1.4% | 3.63% | +0.38 |
| URTH iShares MSCI World ETF | Add +35.1% | 1.14% | +0.33 |
| WSC Willscot Holdings Corp. | Add +53.4% | 0.86% | +0.19 |
| TDW Tidewater Inc. | Add +8.3% | 1.37% | +0.18 |
| LEGN Legend Biotech Corp.-ADR | New | 0.16% | +0.16 |
| MTUM iShares MSCI USA Momentum Fa | New | 0.11% | +0.11 |
| CHRD Chord Energy Corp. | New | 0.11% | +0.11 |
| QQQM Invesco Nasdaq 100 ETF | Add +0.1% | 0.88% | +0.09 |
| EFG iShares MSCI Eafe Growth ETF | Add +43.3% | 0.26% | +0.08 |
| VONG Vanguard Russell 1000 Growth | Add +26.3% | 0.21% | +0.06 |
| USMV iShares MSCI USA Min Vol Fac | Add +26.1% | 0.23% | +0.05 |
| TDVG T Rowe Price Dividend Growth | Add +29.6% | 0.19% | +0.05 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +28.9% | 0.14% | +0.04 |
| QUAL iShares MSCI USA Quality Fac | Add +3.3% | 0.41% | +0.04 |
| FFLG Fidelity Fndmntl L/C GRW ETF | Add +34.5% | 0.11% | +0.04 |
| IWY iShares Russell Top 200 Grow | Add +36.4% | 0.08% | +0.03 |
| ICE Intercontinental Exchange Inc. | Add +16.7% | 0.11% | +0.02 |
| FFOG Franklin Focused Dynamic Gro | New | 0.01% | +0.01 |
| IMTM iShares MSCI Intl Momentum F | New | 0.01% | +0.01 |
| TCHP T Rowe Price Blue Chip Growt | Add +1.1% | 0.06% | +0.01 |
| BURL Burlington Stores Inc. | Add +1.4% | 0.09% | +0.01 |
| VONV Vanguard Russell 1000 Value | Add +3.0% | 0.13% | +0.00 |
| CUBE Cubesmart | Add +1.4% | 0.08% | +0.00 |
| VT Vanguard Tot World STK ETF | New | 0.00% | +0.00 |
| CHD Church & Dwight Co. Inc. | Add +1.4% | 0.07% | +0.00 |
| OMER Omeros Corp. | Add +0.9% | 0.00% | +0.00 |
| RJF Raymond James Financial Inc. | Add +1.4% | 0.12% | +0.00 |
| MORN Morningstar Inc. | Add +1.4% | 0.13% | −0.00 |
| JKHY Jack Henry & Associates Inc. | Add +1.4% | 0.11% | −0.00 |
| TWLO Twilio Inc. Class A | Add +0.3% | 0.07% | −0.00 |
| ANSS Ansys Inc. | Add +1.4% | 0.10% | −0.00 |
| CDW CDW Corp. | Add +1.4% | 0.09% | −0.01 |
| AME Ametek Inc. | Add +0.5% | 1.41% | −0.09 |
| MDB Mongodb Inc. | Add +11.1% | 0.42% | −0.11 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 113 | $1.8B | VOO, GOOG, LRCX, AMZN, MSFT |
| Q1 2026 | 110 | $1.6B | VOO, GOOG, AMZN, MSFT, AAPL |
| Q4 2025 | 110 | $1.8B | MSFT, VOO, GOOG, AMZN, AAPL |
| Q3 2025 | 107 | $1.7B | MSFT, VOO, AMZN, GOOG, AAPL |
| Q2 2025 | 111 | $1.6B | MSFT, VOO, AMZN, VST, GOOG |
| Q1 2025 | 110 | $1.5B | MSFT, AMZN, VOO, GOOG, ELV |
| Q4 2024 | 103 | $1.6B | MSFT, VOO, AMZN, GOOG, V |
| Q3 2024 | 96 | $1.6B | MSFT, VOO, AMZN, ELV, V |
| Q2 2024 | 94 | $1.6B | MSFT, VOO, AMZN, ELV, V |
| Q1 2024 | 94 | $1.6B | MSFT, MRK, V, VOO, ELV |