FIL Ltd

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), FIL Ltd reported 842 stock positions worth $100.8 billion. Its top holding was Microsoft (MSFT) at 3.2% of the portfolio, followed by Canadian Natl Railway (CNI, 2.4%) and Amazon.com (AMZN, 2.0%). Compared with Q4 2023, it opened 93 new positions, sold out of 58, added to 337 and reduced 353. The biggest buy was a new position in JSC Kaspi.kz ADR (KSPI) and the biggest sale an exit from Splunk (SPLK).

Most Recent 13F
Q2 2026
Location
HAMILTON, D0
CIK
0000318989
Portfolio Value
$100.8B (Q1 2024)
SEC Filing
0000318989-24-000098 ↗ filed May 13, 2024

Holdings Value

0$50.0B$100.0B$150.0B Q1 2024: $100.8B $100.8B Q1 2024 Q2 2024: $101.1B Q2 2024 Q3 2024: $110.3B Q3 2024 Q4 2024: $107.0B Q4 2024 Q1 2025: $105.2B Q1 2025 Q2 2025: $116.9B Q2 2025 Q3 2025: $127.2B Q3 2025 Q4 2025: $133.5B Q4 2025 Q1 2026: $128.7B Q1 2026 Q2 2026: $139.2B Q2 2026

Holdings 842 stocks · $100.8B

MSFT Microsoft Corp. 3.18% 7,616,516 $3.2B Add +1.9%
CNI Canadian Natl Railway Co. 2.44% 18,651,801 $2.5B Reduce -2.8%
AMZN Amazon.com Inc. 2.03% 11,335,099 $2.0B Add +6.8%
GOOGL Alphabet Inc. Class A 2.01% 13,419,535 $2.0B Add +6.3%
RY Royal Bank of Canada 1.92% 19,155,149 $1.9B Add +1.9%
CNQ Canadian Natural Resources 1.82% 24,058,129 $1.8B Add +3.1%
AEM Agnico Eagle Mines Ltd. 1.43% 24,091,211 $1.4B Add +19.8%
RCI Rogers Communications Inc. Class B 1.39% 34,297,350 $1.4B Reduce -6.1%
TD Toronto-Dominion Bank 1.32% 22,018,334 $1.3B Reduce -15.6%
AAPL Apple Inc. 1.26% 7,395,498 $1.3B Reduce -0.6%
TXN Texas Instruments Inc. 1.21% 7,005,513 $1.2B Add +44.1%
QCOM Qualcomm Inc. 1.15% 6,831,636 $1.2B Reduce -9.1%
FNV Franco-Nevada Corp. 1.14% 9,647,845 $1.1B Add +6.3%
CSCO Cisco Systems Inc. 1.12% 22,625,308 $1.1B Add +19.6%
SHOP Shopify Inc. Class A 1.03% 13,473,210 $1.0B Add +1.3%
BABA Alibaba Group Holding-SP ADR 1.03% 14,346,121 $1.0B Add +35.0%
PGR Progressive Corp. 0.98% 4,774,326 $987.4M Reduce -2.3%
CP Canadian Pacific Kansas City 0.97% 11,129,228 $981.3M Add +26.6%
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.96% 9,873,335 $964.0M Add +0.0%
FIS Fidelity National Info Serv 0.90% 12,169,689 $902.7M Reduce -5.5%
CME Cme Group Inc. 0.89% 4,173,159 $898.4M Reduce -2.3%
V Visa Inc. Class A 0.85% 3,058,526 $853.6M Add +16.3%
HDB HDFC Bank Ltd.-ADR 0.84% 15,215,232 $851.6M Add +11.9%
CRM Salesforce Inc. 0.77% 2,591,227 $780.4M Reduce -19.4%
IVV iShares Core S&P 500 ETF 0.74% 1,409,797 $741.2M Add +12.0%
TRI Thomson Reuters Corp. 0.73% 4,758,529 $740.5M Reduce -4.7%
ADSK Autodesk Inc. 0.71% 2,767,019 $720.6M Reduce -5.3%
FTS Fortis Inc. 0.69% 17,514,395 $692.0M Reduce -10.1%
TECK Teck Resources Ltd.-CLS B 0.68% 15,030,246 $688.0M Add +25.9%
TRP TC Energy Corp. 0.68% 16,943,065 $680.9M Add +1.4%
GIB Cgi Inc. 0.67% 6,144,872 $677.9M Reduce -6.1%
SLF Sun Life Financial Inc. 0.67% 12,356,428 $674.2M Add +0.7%
BLK BlackRock Finance Inc. 0.65% 782,829 $652.6M Reduce -6.9%
BN Brookfield Corp. 0.65% 15,550,329 $650.7M Add +32.5%
BKR Baker Hughes Co. 0.63% 19,097,101 $639.8M Reduce -1.2%
JPM JPMorgan Chase & Co. 0.62% 3,095,531 $620.0M Reduce -8.9%
UNH Unitedhealth Group Inc. 0.61% 1,233,213 $610.1M Reduce -13.7%
QSR Restaurant Brands Intern 0.60% 7,625,359 $605.6M Reduce -1.0%
CL Colgate-Palmolive Co. 0.58% 6,526,641 $587.7M Reduce -6.3%
OMC Omnicom Group 0.58% 6,013,000 $581.8M Reduce -4.4%
CCJ Cameco Corp. 0.56% 13,015,806 $563.5M Add +146.1%
BCE Bce Inc. 0.54% 16,142,323 $548.5M Add +15.2%
EA Electronic Arts Inc. 0.54% 4,128,892 $547.8M Add +20.4%
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC 0.53% 4,153,432 $534.3M New
HUBB Hubbell Inc. 0.52% 1,261,421 $523.6M Add +13.1%
NXPI NXP Semiconductors NV 0.52% 2,104,379 $521.4M Reduce -5.5%
WCN Waste Connections Inc. 0.51% 3,010,163 $517.5M Add +159.2%
TFII Tfi International Inc. 0.49% 3,089,605 $492.7M Reduce -18.8%
BAM Brookfield Asset Mgmt-A 0.48% 11,620,973 $488.2M Add +2.7%
ENB Enbridge Inc. 0.48% 13,402,591 $484.3M Reduce -13.8%
HCA HCA Healthcare Inc. 0.47% 1,414,383 $471.7M Reduce -2.3%
LIN Linde PLC 0.47% 1,013,297 $470.5M Reduce -3.5%
UNP Union Pacific Corp. 0.46% 1,883,505 $463.2M Reduce -5.6%
PG The Procter & Gamble Co. 0.45% 2,818,807 $457.4M Add +3.4%
IBN Icici Bank Ltd.-Spon ADR 0.45% 17,055,063 $450.4M Reduce -5.0%
MA Mastercard Inc. Class A 0.44% 929,110 $447.4M Reduce -7.2%
ORCL Oracle Corp. 0.44% 3,557,195 $446.8M Add +50.6%
NSC Norfolk Southern Corp. 0.44% 1,750,577 $446.2M Reduce -4.5%
BRK.B Berkshire Hathaway Inc. Class B 0.44% 1,055,506 $443.9M Reduce -1.9%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.44% 37,191,280 $443.7M Reduce -11.0%
TSM Taiwan Semiconductor-SP ADR 0.43% 3,181,689 $432.9M Reduce -25.1%
ACN Accenture PLC Class A 0.43% 1,236,995 $428.8M Add +426.9%
PKG Packaging Corp. of America 0.42% 2,237,000 $424.5M Add +1.2%
INTC Intel Corp. 0.42% 9,604,000 $424.2M Reduce -21.1%
NVDA Nvidia Corp. 0.42% 468,337 $423.2M Add +7.8%
AON Aon PLC Class A 0.41% 1,242,477 $414.6M Add +20.6%
DLTR Dollar Tree Inc. 0.41% 3,081,795 $410.3M Reduce -3.6%
WPM Wheaton Precious Metals Corp. 0.40% 8,511,066 $400.9M Reduce -20.1%
MFC Manulife Financial Corp. 0.39% 15,737,342 $393.0M Add +58.8%
TMUS T-Mobile US Inc. 0.39% 2,388,487 $389.8M Reduce -8.3%
MMYT Makemytrip Ltd. 0.39% 5,470,048 $388.6M Reduce -10.7%
BSX Boston Scientific Corp. 0.38% 5,609,113 $384.2M Reduce -5.7%
META Meta Platforms Inc. Class A 0.38% 784,242 $380.8M Add +50.5%
NFLX Netflix Inc. 0.38% 625,271 $379.7M Reduce -33.4%
QRVO Qorvo Inc. 0.37% 3,270,998 $375.6M Add +17.7%
PDD PDD Holdings Inc. 0.36% 3,134,861 $364.4M Reduce -22.8%
CCI Crown Castle Inc. 0.36% 3,417,740 $361.7M Reduce -3.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.36% 2,948,491 $360.8M Add +182.2%
TCOM Trip.com Group Ltd.-ADR 0.34% 7,872,066 $345.5M Add +6.3%
JD Jd.com Inc.-ADR 0.34% 12,472,896 $341.6M Add +100.8%
IQV Iqvia Holdings Inc. 0.32% 1,290,171 $326.3M Reduce -19.2%
GE General Electric 0.32% 1,849,342 $324.6M Reduce -9.1%
PAYX Paychex Inc. 0.32% 2,642,000 $324.4M Add +3.7%
SWKS Skyworks Solutions Inc. 0.32% 2,966,659 $321.3M Add +8.0%
MEOH Methanex Corp. 0.32% 7,174,838 $319.8M Reduce -3.0%
BEP Brookfield Renewable Partner 0.32% 13,669,348 $317.9M Add +6.4%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.31% 1,252,053 $313.1M Reduce -6.8%
OTEX Open Text Corp. 0.31% 7,963,264 $309.0M Reduce -12.1%
XPO Xpo Inc. 0.30% 2,496,196 $304.6M Add +33.5%
ALV Autoliv Inc. 0.30% 2,470,544 $297.5M Reduce -8.2%
PBA Pembina Pipeline Corp. 0.29% 8,391,940 $296.2M Add +6.9%
YUMC Yum China Holdings Inc. 0.29% 7,459,282 $295.8M Reduce -1.6%
SPGI S&P Global Inc. 0.29% 692,906 $294.8M Add +17.3%
CTSH Cognizant Tech Solutions-A 0.29% 3,999,215 $293.1M Add +32.8%
IMO Imperial Oil Ltd. 0.29% 4,208,654 $290.3M Add +69.0%
WFC Wells Fargo & Co. 0.28% 4,912,701 $284.7M Reduce -12.0%
ELV Elevance Health Inc. 0.28% 548,555 $284.4M Reduce -12.3%
CVE Cenovus Energy Inc. 0.28% 14,032,354 $280.5M Reduce -19.1%
PTC PTC Inc. 0.28% 1,477,850 $279.2M Reduce -10.2%
JNJ Johnson & Johnson 0.28% 1,753,473 $277.4M Reduce -10.3%

Show all 842 holdings

Options reported separately and not counted above: AG puts ($28.5M).

Other holdings (8): bonds, preferreds, convertibles and warrants · $21.9M (not counted above)
SecurityClassShares / PrincipalValueChange
ENVESTNET INC (ENV 0.75 08/15/25) 0.75 8/15/2025 · principal 7,000,000$6.8MNo change
ENVESTNET INC (ENV 2.625 12/01/27) NOTE 2.625%12/0 · principal 3,500,000$3.7MNo change
PENN ENTERTAINMENT INC (PENN 2.75 05/15/26) NOTE 2.750% 5/1 · principal 2,750,000$3.0MNew
DISH NETWORK CORP (DISH 3.375 08/15/26) NOTE 3.375% 8/1 · principal 4,725,000$2.9MReduce -38.7%
WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) NOTE 1.875%12/0 · principal 4,750,000$2.7MNo change
MARRIOTT VACATION WORLDW (VAC 0 01/15/26) NOTE 1/1 · principal 2,500,000$2.4MNo change
LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) NOTE 0.500% 6/1 · principal 580,000$448KReduce -83.8%
SESCW Ivanhoe Capital Class A -CW27 *W EXP 12/10/202 94,633$8KNo change

Total filed on the 13F, all lines: $100.8B.

Portfolio Sells Q4 2023 → Q1 2024

SPLK Splunk Inc. Sold out 0.00% −0.73
TD Toronto-Dominion Bank Reduce -15.6% 1.32% −0.45
RCI Rogers Communications Inc. Class B Reduce -6.1% 1.39% −0.40
BMY Bristol-Myers Squibb Co. Reduce -84.2% 0.07% −0.35
NTNX Nutanix Inc. Class A Reduce -78.1% 0.12% −0.33
MGA Magna International Inc. Reduce -52.2% 0.20% −0.28
AMAT Applied Materials Inc. Reduce -87.0% 0.05% −0.26
PDD PDD Holdings Inc. Reduce -22.8% 0.36% −0.26
AAPL Apple Inc. Reduce -0.6% 1.26% −0.25
INTC Intel Corp. Reduce -21.1% 0.42% −0.22
B Barrick Gold Corp. Reduce -75.0% 0.06% −0.22
TGH Textainer Group Holdings Ltd. Sold out 0.00% −0.21
UNH Unitedhealth Group Inc. Reduce -13.7% 0.61% −0.19
IMGN Immunogen Inc. Sold out 0.00% −0.17
QQQ Invesco QQQ Trust Series 1 Reduce -64.9% 0.09% −0.16
ESMT Engagesmart Inc. Sold out 0.00% −0.16
FTS Fortis Inc. Reduce -10.1% 0.69% −0.16
WPM Wheaton Precious Metals Corp. Reduce -20.1% 0.40% −0.15
SPOT Spotify Technology SA Reduce -96.1% 0.01% −0.15
EXPE Expedia Group Inc. Reduce -22.5% 0.27% −0.13
AYX Alteryx Inc. Class A Sold out 0.00% −0.13
SU Suncor Energy Inc. Reduce -75.2% 0.05% −0.12
CRH CRH PLC Sold out 0.00% −0.12
CRM Salesforce Inc. Reduce -19.4% 0.77% −0.11
INFY Infosys Ltd.-SP ADR Reduce -25.3% 0.25% −0.11
ENB Enbridge Inc. Reduce -13.8% 0.48% −0.11
KVUE Kenvue Inc. Reduce -75.7% 0.03% −0.11
NFLX Netflix Inc. Reduce -33.4% 0.38% −0.10
EQH Equitable Holdings Inc. Sold out 0.00% −0.10
CNI Canadian Natl Railway Co. Reduce -2.8% 2.44% −0.10
OTEX Open Text Corp. Reduce -12.1% 0.31% −0.09
NTES Netease Inc.-ADR Reduce -59.9% 0.06% −0.09
FTNT Fortinet Inc. Sold out 0.00% −0.09
FISV Fiserv Inc. Reduce -65.6% 0.05% −0.08
ROVR Rover Group Inc. Sold out 0.00% −0.08
LNG Cheniere Energy Inc. Reduce -13.7% 0.26% −0.08
SOVO Sovos Brands Inc. Sold out 0.00% −0.08
QGEN Qiagen NV Reduce -25.1% 0.16% −0.08
INDA iShares MSCI India ETF Reduce -78.7% 0.02% −0.07
DLTR Dollar Tree Inc. Reduce -3.6% 0.41% −0.07
BLK BlackRock Finance Inc. Reduce -6.9% 0.65% −0.07
KBR KBR Inc. Sold out 0.00% −0.07
CCI Crown Castle Inc. Reduce -3.1% 0.36% −0.07
COTY Coty Inc. Class A Reduce -29.4% 0.12% −0.07
IQV Iqvia Holdings Inc. Reduce -19.2% 0.32% −0.06
GIB Cgi Inc. Reduce -6.1% 0.67% −0.06
EWZ iShares MSCI Brazil ETF Reduce -30.2% 0.10% −0.06
TMO Thermo Fisher Scientific Inc. Reduce -28.8% 0.17% −0.06
AWK American Water Works Co. Inc. Reduce -60.5% 0.03% −0.06
BKR Baker Hughes Co. Reduce -1.2% 0.63% −0.06

Portfolio Buys Q4 2023 → Q1 2024

KSPI JSC Kaspi.kz ADR New 0.53% +0.53
TXN Texas Instruments Inc. Add +44.1% 1.21% +0.34
ACN Accenture PLC Class A Add +426.9% 0.43% +0.34
AMZN Amazon.com Inc. Add +6.8% 2.03% +0.33
WCN Waste Connections Inc. Add +159.2% 0.51% +0.33
CCJ Cameco Corp. Add +146.1% 0.56% +0.32
AEM Agnico Eagle Mines Ltd. Add +19.8% 1.43% +0.27
DIS The Walt Disney Co. Add +182.2% 0.36% +0.26
CP Canadian Pacific Kansas City Add +26.6% 0.97% +0.24
MSFT Microsoft Corp. Add +1.9% 3.18% +0.22
IVW iShares S&P 500 Growth ETF New 0.21% +0.21
CNQ Canadian Natural Resources Add +3.1% 1.82% +0.21
NVDA Nvidia Corp. Add +7.8% 0.42% +0.19
VRSN Verisign Inc. Add +963.1% 0.21% +0.19
META Meta Platforms Inc. Class A Add +50.5% 0.38% +0.18
IBP Installed Building Products Add +337.5% 0.22% +0.18
ORCL Oracle Corp. Add +50.6% 0.44% +0.18
BABA Alibaba Group Holding-SP ADR Add +35.0% 1.03% +0.16
MFC Manulife Financial Corp. Add +58.8% 0.39% +0.16
GOOGL Alphabet Inc. Class A Add +6.3% 2.01% +0.16
TECK Teck Resources Ltd.-CLS B Add +25.9% 0.68% +0.15
BN Brookfield Corp. Add +32.5% 0.65% +0.15
JD Jd.com Inc.-ADR Add +100.8% 0.34% +0.15
IMO Imperial Oil Ltd. Add +69.0% 0.29% +0.14
HUBB Hubbell Inc. Add +13.1% 0.52% +0.13
WAB Wabtec Corp. Add +152.0% 0.21% +0.13
XPO Xpo Inc. Add +33.5% 0.30% +0.13
DOOR Masonite International Corp. New 0.13% +0.13
V Visa Inc. Class A Add +16.3% 0.85% +0.13
MBLY Mobileye Global Inc. Class A New 0.12% +0.12
M D C HLDGS INC New 0.12% +0.12
AXONICS INC New 0.12% +0.12
TCN Tricon Residential Inc. New 0.12% +0.12
CSCO Cisco Systems Inc. Add +19.6% 1.12% +0.12
ANSS Ansys Inc. Add +120.3% 0.23% +0.12
ESTC Elastic NV Add +102.7% 0.26% +0.11
IVV iShares Core S&P 500 ETF Add +12.0% 0.74% +0.10
AON Aon PLC Class A Add +20.6% 0.41% +0.10
CM Can Imperial BK of Commerce Add +57.0% 0.25% +0.09
FUSN Fusion Pharmaceuticals Inc. New 0.09% +0.09
FNV Franco-Nevada Corp. Add +6.3% 1.14% +0.08
VVV Valvoline Inc. Add +54.3% 0.19% +0.08
INMD Inmode Ltd. New 0.07% +0.07
JNPR Juniper Networks Inc. Add +22.6% 0.23% +0.07
KEX Kirby Corp. Add +76.9% 0.14% +0.07
WNS WNS Holdings Ltd. New 0.07% +0.07
ADBE Adobe Inc. Add +292.1% 0.10% +0.07
WFG West Fraser Timber Co. Ltd. Add +128.1% 0.12% +0.06
TCOM Trip.com Group Ltd.-ADR Add +6.3% 0.34% +0.06
BIDU Baidu Inc. - Spon ADR Add +2784.6% 0.06% +0.06

Options Activity Q4 2023 → Q1 2024

AG First Majestic Silver Corp. put New 4,839,000 $28.5M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q4 2023 → Q1 2024

PENN ENTERTAINMENT INC (PENN 2.75 05/15/26) NOTE 2.750% 5/1 · principal New 2,750,000 $3.0M
DISH NETWORK CORP (DISH 3.375 08/15/26) NOTE 3.375% 8/1 · principal Reduce -38.7% 4,725,000 $2.9M
LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) NOTE 0.500% 6/1 · principal Reduce -83.8% 580,000 $448K
CLARIVATE PLC (CLVT 5.25 06/01/24 A) 5.25% PFD CONV A Sold out 4,259 $163Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 1,136$139.2BRY, MSFT, GOOGL, TD, AMZN
Q1 2026 1,098$128.7BMSFT, RY, GOOGL, AMZN, AAPL
Q4 2025 1,011$133.5BMSFT, RY, GOOGL, SHOP, TD
Q3 2025 981$127.2BMSFT, RY, TD, SHOP, AAPL
Q2 2025 955$116.9BMSFT, TD, RY, AMZN, GOOGL
Q1 2025 898$105.2BMSFT, TD, RY, AMZN, AEM
Q4 2024 906$107.0BMSFT, RY, AMZN, GOOGL, TD
Q3 2024 928$110.3BMSFT, RY, AMZN, TD, GOOGL
Q2 2024 889$101.1BMSFT, RY, GOOGL, AMZN, AAPL
Q1 2024 842$100.8BMSFT, CNI, AMZN, GOOGL, RY