FIL Ltd
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), FIL Ltd reported 1,098 stock positions worth $128.7 billion. Its top holding was Microsoft (MSFT) at 2.9% of the portfolio, followed by Royal Bank of Canada (RY, 2.8%) and Alphabet Class A (GOOGL, 2.3%). Compared with Q4 2025, it opened 173 new positions, sold out of 86, added to 386 and reduced 507. The biggest buy was Suncor Energy (SU, shares +38%) and the biggest sale Shopify Class A (SHOP, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- HAMILTON, D0
- CIK
- 0000318989
- Portfolio Value
- $128.7B (Q1 2026)
- SEC Filing
- 0000318989-26-000089 ↗ filed May 15, 2026
Holdings Value
Holdings 1,098 stocks · $128.7B
| MSFT Microsoft Corp. | 2.87% | 9,991,460 | $3.7B | Add +12.9% |
| RY Royal Bank of Canada | 2.78% | 22,127,578 | $3.6B | Reduce -4.9% |
| GOOGL Alphabet Inc. Class A | 2.30% | 10,278,696 | $3.0B | Reduce -5.2% |
| AMZN Amazon.com Inc. | 2.10% | 12,954,081 | $2.7B | Add +5.5% |
| AAPL Apple Inc. | 1.99% | 10,094,057 | $2.6B | Add +1.8% |
| AEM Agnico Eagle Mines Ltd. | 1.99% | 12,617,456 | $2.6B | Reduce -2.0% |
| TD Toronto-Dominion Bank | 1.94% | 26,709,671 | $2.5B | Reduce -13.8% |
| SHOP Shopify Inc. Class A | 1.68% | 18,226,469 | $2.2B | Reduce -0.9% |
| TXN Texas Instruments Inc. | 1.50% | 9,935,405 | $1.9B | Add +17.5% |
| SU Suncor Energy Inc. | 1.49% | 29,086,054 | $1.9B | Add +38.2% |
| NVDA Nvidia Corp. | 1.39% | 10,268,131 | $1.8B | Add +11.9% |
| CNI Canadian Natl Railway Co. | 1.35% | 16,841,218 | $1.7B | Add +7.0% |
| TRP TC Energy Corp. | 1.31% | 27,007,850 | $1.7B | Reduce -4.6% |
| CP Canadian Pacific Kansas City | 1.28% | 21,001,067 | $1.7B | Add +26.0% |
| BMO Bank of Montreal filed as BANK MONTREAL MEDIUM | 1.21% | 11,494,233 | $1.6B | Add +21.7% |
| META Meta Platforms Inc. Class A | 1.19% | 2,675,397 | $1.5B | Add +13.9% |
| FNV Franco-Nevada Corp. | 1.13% | 5,895,278 | $1.5B | Reduce -2.0% |
| NFLX Netflix Inc. | 0.90% | 12,047,509 | $1.2B | Add +20.2% |
| CVE Cenovus Energy Inc. | 0.88% | 42,758,368 | $1.1B | Add +11.0% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO | 0.86% | 11,739,778 | $1.1B | Reduce -8.0% |
| TTE Totalenergies SE | 0.85% | 11,926,146 | $1.1B | Reduce -17.4% |
| FTS Fortis Inc. | 0.84% | 19,393,790 | $1.1B | Reduce -2.5% |
| LIN Linde PLC | 0.79% | 2,044,693 | $1.0B | Add +26.9% |
| B Barrick Mining Corp. | 0.78% | 24,671,385 | $1.0B | Reduce -18.0% |
| CME Cme Group Inc. | 0.78% | 3,391,765 | $1.0B | Reduce -5.1% |
| RCI Rogers Communications Inc. Class B | 0.77% | 25,936,929 | $997.5M | Reduce -16.5% |
| CRM Salesforce Inc. | 0.77% | 5,289,207 | $987.3M | Add +15.3% |
| TDY Teledyne Technologies Inc. | 0.76% | 1,612,696 | $975.7M | Add +18.0% |
| CCJ Cameco Corp. | 0.75% | 8,893,505 | $967.2M | Add +2.4% |
| ORCL Oracle Corp. | 0.74% | 6,504,083 | $956.8M | Add +63.6% |
| BCE Bce Inc. | 0.73% | 37,411,448 | $944.0M | Reduce -0.5% |
| PGR Progressive Corp. | 0.72% | 4,669,225 | $925.6M | Reduce -7.4% |
| MRVL Marvell Technology Inc. | 0.71% | 9,234,970 | $914.7M | Add +2.7% |
| BN Brookfield Corp. | 0.71% | 22,471,358 | $910.6M | Reduce -13.4% |
| AZN Astrazeneca PLC | 0.71% | 4,654,855 | $910.2M | Add +1269983.2% |
| WAB Wabtec Corp. | 0.68% | 3,501,941 | $875.2M | Reduce -4.2% |
| KGC Kinross Gold Corp. | 0.66% | 27,598,518 | $843.8M | Reduce -5.3% |
| JPM JPMorgan Chase & Co. | 0.65% | 2,855,750 | $840.0M | Reduce -4.7% |
| INTU Intuit Inc. | 0.62% | 1,852,299 | $800.9M | Add +64.5% |
| MA Mastercard Inc. Class A | 0.58% | 1,501,408 | $750.2M | Reduce -5.8% |
| ADBE Adobe Inc. | 0.56% | 2,949,340 | $716.9M | Add +10.1% |
| ACN Accenture PLC Class A | 0.55% | 3,572,193 | $708.3M | Reduce -8.9% |
| PDD PDD Holdings Inc. | 0.54% | 6,849,271 | $699.9M | Add +5.1% |
| EMA Emera Inc. | 0.52% | 12,811,944 | $664.1M | Reduce -0.2% |
| ZTS Zoetis Inc. | 0.50% | 5,487,134 | $648.6M | Add +157.1% |
| HBM Hudbay Minerals Inc. | 0.50% | 30,607,132 | $640.9M | Reduce -7.7% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA B C | 0.49% | 9,042,167 | $627.1M | Reduce -45.2% |
| ENB Enbridge Inc. | 0.48% | 11,470,160 | $621.8M | Reduce -28.7% |
| MCHP Microchip Technology Inc. | 0.48% | 9,480,879 | $612.6M | Reduce -9.2% |
| PKG Packaging Corp. of America | 0.47% | 2,857,923 | $606.5M | Add +2.3% |
| RBA RB Global Inc. | 0.47% | 6,245,775 | $598.9M | Reduce -27.7% |
| HOLX Hologic Inc. | 0.46% | 7,821,581 | $591.2M | Add +49.6% |
| IAG Iamgold Corp. | 0.45% | 31,079,258 | $584.5M | Reduce -14.5% |
| PG The Procter & Gamble Co. | 0.45% | 4,002,718 | $578.2M | Add +0.5% |
| CNQ Canadian Natural Resources | 0.45% | 11,751,875 | $573.3M | Add +10.9% |
| WFG West Fraser Timber Co. Ltd. | 0.44% | 8,734,235 | $570.5M | Reduce -0.1% |
| CSCO Cisco Systems Inc. | 0.44% | 7,321,030 | $568.0M | Reduce -43.4% |
| GIB Cgi Inc. | 0.43% | 7,596,896 | $555.4M | Add +46.1% |
| NEE Nextera Energy Inc. | 0.42% | 5,828,725 | $541.4M | Reduce -8.5% |
| YMM Full Truck Alliance -SPN ADR | 0.41% | 63,211,571 | $524.7M | Reduce -1.8% |
| TFII Tfi International Inc. filed as TRANSFORCE INC | 0.40% | 4,782,544 | $520.6M | Reduce -20.8% |
| TSM Taiwan Semiconductor-SP ADR | 0.39% | 1,502,781 | $507.9M | Add +2.9% |
| IVV iShares Core S&P 500 ETF | 0.39% | 762,599 | $498.1M | Reduce -5.6% |
| FER Ferrovial NV | 0.38% | 7,608,783 | $495.0M | Reduce -22.9% |
| BLK BlackRock Inc. | 0.38% | 513,456 | $493.8M | Reduce -30.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.38% | 1,017,790 | $487.7M | Reduce -5.8% |
| IMO Imperial Oil Ltd. | 0.37% | 3,682,569 | $482.4M | Add +54.7% |
| SNPS Synopsys Inc. | 0.36% | 1,157,428 | $458.9M | Reduce -8.6% |
| EQX Equinox Gold Corp. | 0.35% | 31,272,780 | $451.6M | Add +32.0% |
| EA Electronic Arts Inc. | 0.34% | 2,173,211 | $443.1M | Reduce -30.4% |
| EXPD Expeditors Intl Wash Inc. | 0.34% | 3,083,003 | $441.6M | Reduce -32.4% |
| HDB HDFC Bank Ltd.-ADR | 0.32% | 16,717,438 | $415.9M | Reduce -28.3% |
| WPM Wheaton Precious Metals Corp. | 0.32% | 3,166,822 | $415.7M | Add +5.4% |
| CTSH Cognizant Tech Solutions-A | 0.32% | 6,730,323 | $412.9M | Add +0.8% |
| DHR Danaher Corp. | 0.31% | 2,096,221 | $397.4M | Reduce -7.1% |
| GTLS Chart Industries Inc. | 0.31% | 1,914,623 | $395.8M | Add +45.5% |
| VIPS Vipshop Holdings Ltd. - ADR | 0.30% | 24,907,022 | $391.5M | Add +31.9% |
| ADSK Autodesk Inc. | 0.30% | 1,629,037 | $390.0M | Reduce -0.4% |
| LNG Cheniere Energy Inc. | 0.30% | 1,356,963 | $385.1M | Add +5.8% |
| OTEX Open Text Corp. | 0.30% | 17,184,000 | $382.9M | Add +41.4% |
| BMY Bristol-Myers Squibb Co. | 0.30% | 6,278,815 | $380.8M | Reduce -3.3% |
| EQIX Equinix Inc. | 0.29% | 386,820 | $379.2M | Add +44.2% |
| AVGO Broadcom Inc. | 0.29% | 1,214,288 | $375.8M | Add +7.1% |
| BG Bunge Global SA | 0.29% | 2,909,181 | $370.0M | Add +19.9% |
| BVN Cia DE Minas Buenaventur-ADR filed as COMPANIA DE MINAS BUENAVENTU | 0.29% | 10,216,554 | $368.2M | Reduce -24.2% |
| EXC Exelon Corp. | 0.29% | 7,489,847 | $367.2M | Add +0.7% |
| IBN Icici Bank Ltd.-Spon ADR | 0.28% | 14,140,954 | $366.3M | Add +89.0% |
| WDAY Workday Inc. Class A | 0.28% | 2,818,715 | $366.2M | Add +1.8% |
| TU Telus Corp. | 0.27% | 27,302,554 | $350.9M | Reduce -9.9% |
| JD Jd.com Inc.-ADR | 0.27% | 11,820,000 | $349.5M | Add +38.4% |
| PBA Pembina Pipeline Corp. | 0.27% | 7,785,376 | $348.5M | Reduce -44.3% |
| CCEP Coca-Cola Europacific Partne | 0.27% | 3,838,363 | $348.3M | Add +1.2% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.27% | 23,889,965 | $343.3M | Reduce -7.1% |
| FANG Diamondback Energy Inc. | 0.26% | 1,668,889 | $330.1M | Add +3.5% |
| MSI Motorola Solutions Inc. | 0.25% | 754,323 | $327.4M | Add +32.3% |
| SE Sea Ltd.-ADR | 0.25% | 3,888,644 | $322.0M | Add +48.2% |
| RBLX Roblox Corp. Class A | 0.25% | 5,665,491 | $320.4M | Add +4666.9% |
| UNH Unitedhealth Group Inc. | 0.25% | 1,170,487 | $316.7M | Add +4.8% |
| HUBB Hubbell Inc. | 0.24% | 640,048 | $314.1M | Reduce -14.6% |
| GOOG Alphabet Inc. Class C | 0.24% | 1,090,516 | $312.8M | Add +10.3% |
Options reported separately and not counted above: XP calls ($7.0M), EPAM calls ($4.4M).
Other holdings (5): bonds, preferreds, convertibles and warrants · $11.2M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | 5,085,000 | $5.1M | No change |
| CABLE ONE INC (CABO 1.125 03/15/28) | NOTE 1.125% 3/1 · principal | 5,497,000 | $4.1M | Add +33.8% |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 2,000,000 | $1.9M | No change |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 44,000 | $46K | No change |
| SESCW Ivanhoe Capital Class A -CW27 | *W EXP 12/10/202 | 94,633 | $3K | No change |
Total filed on the 13F, all lines: $128.7B.
Portfolio Sells Q4 2025 → Q1 2026
| SHOP Shopify Inc. Class A | Reduce -0.9% | 1.68% | −0.54 |
| BNS Bank of Nova Scotia | Reduce -45.2% | 0.49% | −0.42 |
| DAY Dayforce Inc. | Sold out | 0.00% | −0.33 |
| HDB HDFC Bank Ltd.-ADR | Reduce -28.3% | 0.32% | −0.31 |
| CSCO Cisco Systems Inc. | Reduce -43.4% | 0.44% | −0.30 |
| IVW iShares S&P 500 Growth ETF | Sold out | 0.00% | −0.27 |
| TD Toronto-Dominion Bank | Reduce -13.8% | 1.94% | −0.25 |
| GOOGL Alphabet Inc. Class A | Reduce -5.2% | 2.30% | −0.25 |
| ACN Accenture PLC Class A | Reduce -8.9% | 0.55% | −0.24 |
| FYBR Frontier Communications Pare | Sold out | 0.00% | −0.22 |
| BLK BlackRock Inc. | Reduce -30.9% | 0.38% | −0.21 |
| CDTX Cidara Therapeutics Inc. | Sold out | 0.00% | −0.21 |
| RBA RB Global Inc. | Reduce -27.7% | 0.47% | −0.20 |
| SW Smurfit Westrock PLC | Reduce -85.7% | 0.04% | −0.20 |
| B Barrick Mining Corp. | Reduce -18.0% | 0.78% | −0.20 |
| RY Royal Bank of Canada | Reduce -4.9% | 2.78% | −0.19 |
| IYH iShares U.S. Healthcare ETF | Sold out | 0.00% | −0.19 |
| BAM Brookfield Asset Mgmt-A | Reduce -42.2% | 0.20% | −0.19 |
| BN Brookfield Corp. | Reduce -13.4% | 0.71% | −0.18 |
| DLTR Dollar Tree Inc. | Reduce -39.0% | 0.24% | −0.18 |
| BSX Boston Scientific Corp. | Reduce -32.5% | 0.16% | −0.18 |
| BKR Baker Hughes Co. | Reduce -58.1% | 0.24% | −0.17 |
| EXPD Expeditors Intl Wash Inc. | Reduce -32.4% | 0.34% | −0.17 |
| SPGI S&P Global Inc. | Reduce -62.0% | 0.08% | −0.16 |
| TGT Target Corp. | Reduce -95.0% | 0.01% | −0.15 |
| CAE Cae Inc. | Reduce -57.2% | 0.09% | −0.15 |
| PGR Progressive Corp. | Reduce -7.4% | 0.72% | −0.14 |
| EA Electronic Arts Inc. | Reduce -30.4% | 0.34% | −0.13 |
| GE General Electric | Reduce -40.3% | 0.18% | −0.13 |
| TECK Teck Resources Ltd.-CLS B | Reduce -53.1% | 0.15% | −0.13 |
| PBA Pembina Pipeline Corp. | Reduce -44.3% | 0.27% | −0.13 |
| REGN Regeneron Pharmaceuticals | Reduce -41.5% | 0.19% | −0.12 |
| PAAS Pan American Silver Corp. | Reduce -47.1% | 0.16% | −0.12 |
| EXAS Exact Sciences Corp. | Sold out | 0.00% | −0.11 |
| YMM Full Truck Alliance -SPN ADR | Reduce -1.8% | 0.41% | −0.11 |
| RCI Rogers Communications Inc. Class B | Reduce -16.5% | 0.77% | −0.10 |
| MS Morgan Stanley | Reduce -32.1% | 0.19% | −0.10 |
| MGA Magna International Inc. | Reduce -37.8% | 0.21% | −0.10 |
| LRCX Lam Research Corp. | Reduce -62.8% | 0.09% | −0.10 |
| MA Mastercard Inc. Class A | Reduce -5.8% | 0.58% | −0.10 |
| BGSI Boyd Group Services Inc. | Reduce -17.6% | 0.21% | −0.10 |
| FER Ferrovial NV | Reduce -22.9% | 0.38% | −0.10 |
| ENB Enbridge Inc. | Reduce -28.7% | 0.48% | −0.09 |
| TGNA Tegna Inc. | Sold out | 0.00% | −0.09 |
| CDW CDW Corp. | Reduce -36.1% | 0.13% | −0.09 |
| AKAM Akamai Technologies Inc. | Sold out | 0.00% | −0.09 |
| SNPS Synopsys Inc. | Reduce -8.6% | 0.36% | −0.09 |
| ICE Intercontinental Exchange Inc. | Reduce -32.2% | 0.19% | −0.09 |
| EXPE Expedia Group Inc. | Reduce -39.7% | 0.09% | −0.08 |
| TRMB Trimble Inc. | Reduce -30.0% | 0.13% | −0.08 |
Portfolio Buys Q4 2025 → Q1 2026
| SU Suncor Energy Inc. | Add +38.2% | 1.49% | +0.79 |
| AZN Astrazeneca PLC | Add +1269983.2% | 0.71% | +0.71 |
| TXN Texas Instruments Inc. | Add +17.5% | 1.50% | +0.40 |
| CVE Cenovus Energy Inc. | Add +11.0% | 0.88% | +0.39 |
| CP Canadian Pacific Kansas City | Add +26.0% | 1.28% | +0.36 |
| ZTS Zoetis Inc. | Add +157.1% | 0.50% | +0.30 |
| BMO Bank of Montreal | Add +21.7% | 1.21% | +0.29 |
| LIN Linde PLC | Add +26.9% | 0.79% | +0.27 |
| RBLX Roblox Corp. Class A | Add +4666.9% | 0.25% | +0.24 |
| TDY Teledyne Technologies Inc. | Add +18.0% | 0.76% | +0.23 |
| IMO Imperial Oil Ltd. | Add +54.7% | 0.37% | +0.22 |
| ACLX Arcellx Inc. | New | 0.21% | +0.21 |
| NFLX Netflix Inc. | Add +20.2% | 0.90% | +0.20 |
| CNI Canadian Natl Railway Co. | Add +7.0% | 1.35% | +0.18 |
| CNQ Canadian Natural Resources | Add +10.9% | 0.45% | +0.18 |
| CWAN Clearwater Analytics HDS-A | Add +414.6% | 0.22% | +0.17 |
| HOLX Hologic Inc. | Add +49.6% | 0.46% | +0.17 |
| IDU iShares US Utilities ETF | New | 0.16% | +0.16 |
| ORCL Oracle Corp. | Add +63.6% | 0.74% | +0.16 |
| CCJ Cameco Corp. | Add +2.4% | 0.75% | +0.16 |
| CSX CSX Corp. | Add +152.5% | 0.23% | +0.15 |
| AGI Alamos Gold Inc. Class A | Add +232.7% | 0.20% | +0.15 |
| EQIX Equinix Inc. | Add +44.2% | 0.29% | +0.14 |
| MRVL Marvell Technology Inc. | Add +2.7% | 0.71% | +0.14 |
| FOLD Amicus Therapeutics Inc. | Add +1212.4% | 0.14% | +0.13 |
| EWY iShares MSCI South Korea ETF | Add +848.2% | 0.14% | +0.13 |
| BG Bunge Global SA | Add +19.9% | 0.29% | +0.13 |
| WBD Warner Bros Discovery Inc. | Add +13434.0% | 0.13% | +0.13 |
| TPH Tri Pointe Homes Inc. | New | 0.12% | +0.12 |
| AAUC Allied Gold Corp. | New | 0.12% | +0.12 |
| ESI Element Solutions Inc. | Add +58.8% | 0.21% | +0.12 |
| IBN Icici Bank Ltd.-Spon ADR | Add +89.0% | 0.28% | +0.12 |
| GLD SPDR Gold Shares | Add +85.4% | 0.22% | +0.12 |
| LNG Cheniere Energy Inc. | Add +5.8% | 0.30% | +0.11 |
| VIST Vista Energy Sab DE CV | New | 0.11% | +0.11 |
| NVDA Nvidia Corp. | Add +11.9% | 1.39% | +0.11 |
| GTLS Chart Industries Inc. | Add +45.5% | 0.31% | +0.10 |
| MEOH Methanex Corp. | Add +88.9% | 0.16% | +0.10 |
| EQX Equinox Gold Corp. | Add +32.0% | 0.35% | +0.10 |
| SOXX iShares Semiconductor ETF | Add +657.0% | 0.11% | +0.10 |
| AU Anglogold Ashanti PLC | Add +49.2% | 0.22% | +0.10 |
| VLO Valero Energy Corp. | Add +530.9% | 0.10% | +0.09 |
| VNOM Viper Energy Inc. Class A | Add +41.4% | 0.21% | +0.09 |
| MSI Motorola Solutions Inc. | Add +32.3% | 0.25% | +0.09 |
| JD Jd.com Inc.-ADR | Add +38.4% | 0.27% | +0.09 |
| SHV iShares 0-1 Year Treasury Bo | Add +253052.2% | 0.09% | +0.09 |
| IXC iShares Global Energy ETF | New | 0.08% | +0.08 |
| IYW iShares Ustechnology ETF | New | 0.08% | +0.08 |
| LITE Lumentum Holdings Inc. | New | 0.08% | +0.08 |
| FANG Diamondback Energy Inc. | Add +3.5% | 0.26% | +0.07 |
Options Activity Q4 2025 → Q1 2026
| AG First Majestic Silver Corp. | put | Sold out | 3,550,000 | $59.1Mbefore exit |
| XP XP Inc. Class A | call | New | 368,500 | $7.0M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| CABLE ONE INC (CABO 1.125 03/15/28) | NOTE 1.125% 3/1 · principal | Add +33.8% | 5,497,000 | $4.1M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,136 | $139.2B | RY, MSFT, GOOGL, TD, AMZN |
| Q1 2026 | 1,098 | $128.7B | MSFT, RY, GOOGL, AMZN, AAPL |
| Q4 2025 | 1,011 | $133.5B | MSFT, RY, GOOGL, SHOP, TD |
| Q3 2025 | 981 | $127.2B | MSFT, RY, TD, SHOP, AAPL |
| Q2 2025 | 955 | $116.9B | MSFT, TD, RY, AMZN, GOOGL |
| Q1 2025 | 898 | $105.2B | MSFT, TD, RY, AMZN, AEM |
| Q4 2024 | 906 | $107.0B | MSFT, RY, AMZN, GOOGL, TD |
| Q3 2024 | 928 | $110.3B | MSFT, RY, AMZN, TD, GOOGL |
| Q2 2024 | 889 | $101.1B | MSFT, RY, GOOGL, AMZN, AAPL |
| Q1 2024 | 842 | $100.8B | MSFT, CNI, AMZN, GOOGL, RY |