Financiere des Professionnels - Fonds d'investissement inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 11, 2024), Financiere des Professionnels - Fonds d'investissement inc. reported 142 stock positions worth $1.2 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 11.6% of the portfolio, followed by iShares Core MSCI Emerging (IEMG, 7.2%) and iShares Core MSCI Eafe ETF (IEFA, 5.3%). Compared with Q4 2023, it opened 10 new positions, sold out of 6, added to 25 and reduced 36. The biggest buy was a new position in iShares Broad Usd High Yield (USHY) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −16%).

Most Recent 13F
Q2 2026
Location
MONTREAL, A8
CIK
0001996846
Portfolio Value
$1.2B (Q1 2024)
SEC Filing
0001996846-24-000005 ↗ filed Apr 11, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.2B $1.2B Q1 2024 Q2 2024: $1.3B Q2 2024 Q3 2024: $1.5B Q3 2024 Q4 2024: $1.4B Q4 2024 Q1 2025: $1.5B Q1 2025 Q2 2025: $1.7B Q2 2025 Q3 2025: $1.7B Q3 2025 Q4 2025: $1.8B Q4 2025 Q1 2026: $1.7B Q1 2026 Q2 2026: $1.8B Q2 2026

Holdings 142 stocks · $1.2B
SPY SS SPDR S&P 500 ETF Trust-US 11.63% 275,606 $144.2M Reduce -15.8%
IEMG iShares Core MSCI Emerging 7.24% 1,740,448 $89.8M Add +18.9%
IEFA iShares Core MSCI Eafe ETF 5.25% 876,853 $65.1M Reduce -11.1%
MSFT Microsoft Corp. 3.82% 112,681 $47.4M Reduce -1.0%
QQQ Invesco QQQ Trust Series 1 2.29% 63,950 $28.4M Add +5.8%
TSM Taiwan Semiconductor-SP ADR 1.89% 172,113 $23.4M Add +7.5%
GOOGL Alphabet Inc. Class A 1.73% 142,379 $21.5M Reduce -5.6%
AON Aon PLC Class A 1.71% 63,537 $21.2M Add +12.0%
V Visa Inc. Class A 1.67% 74,012 $20.7M Reduce -0.8%
ACN Accenture PLC Class A 1.50% 53,605 $18.6M Reduce -9.5%
SCHW Schwab (charles) Corp. 1.37% 235,213 $17.0M No change
ETN Eaton Corp. PLC 1.36% 53,817 $16.8M Reduce -12.8%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 1.25% 142,400 $15.5M Add +179.2%
DGRO iShares Core Dividend Growth 1.17% 249,500 $14.5M Add +14.4%
FISV Fiserv Inc. 1.15% 89,374 $14.3M No change
BDX Becton Dickinson and Co. 1.10% 54,913 $13.6M Add +18.5%
CP Canadian Pacific Kansas City 1.10% 154,042 $13.6M No change
IJR iShares Core S&P Small-Cap E 1.08% 121,000 $13.4M Add +382.1%
ICLR Icon PLC 1.08% 39,781 $13.4M Reduce -5.5%
EEM iShares MSCI Emerging Market 1.05% 316,500 $13.0M No change
USHY iShares Broad Usd High Yield 1.00% 339,200 $12.4M New
JPM JPMorgan Chase & Co. 0.98% 60,735 $12.2M No change
GS Goldman Sachs Group Inc. 0.97% 28,694 $12.0M No change
CMCSA Comcast Corp. Class A 0.94% 268,703 $11.6M Reduce -0.7%
IEF iShares 7-10 Year Treasury B 0.94% 122,750 $11.6M Add +78.5%
APH Amphenol Corp. Class A 0.93% 100,470 $11.6M Reduce -7.6%
A Agilent Technologies Inc. 0.93% 79,189 $11.5M No change
NVDA Nvidia Corp. 0.93% 12,742 $11.5M No change
AAPL Apple Inc. 0.93% 66,872 $11.5M No change
EWJ iShares MSCI Japan ETF 0.92% 160,000 $11.4M Add +42.9%
ADI Analog Devices Inc. 0.90% 56,594 $11.2M No change
CI The Cigna Group 0.90% 30,664 $11.1M No change
MAS Masco Corp. 0.86% 135,547 $10.7M Add +28.4%
CHD Church & Dwight Co. Inc. 0.84% 99,361 $10.4M No change
STE Steris PLC 0.82% 45,095 $10.1M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.82% 267,332 $10.1M No change
COP Conocophillips 0.81% 78,489 $10.0M No change
JCI Johnson Controls Internation 0.80% 152,486 $10.0M Add +6.4%
APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC 0.76% 117,829 $9.4M No change
BSX Boston Scientific Corp. 0.75% 135,613 $9.3M Reduce -22.5%
NKE Nike Inc. Class B 0.68% 89,852 $8.4M Add +28.6%
HDB HDFC Bank Ltd.-ADR 0.67% 147,441 $8.3M Add +8.1%
JNJ Johnson & Johnson 0.67% 52,165 $8.3M No change
ROST Ross Stores Inc. 0.67% 56,221 $8.3M No change
RSP Invesco S&P 500 Equal Weight 0.66% 48,500 $8.2M No change
NXPI NXP Semiconductors NV 0.66% 32,853 $8.1M No change
TMO Thermo Fisher Scientific Inc. 0.64% 13,651 $7.9M Reduce -2.5%
CB Chubb Ltd. 0.63% 30,001 $7.8M No change
IT Gartner Inc. 0.61% 15,866 $7.6M No change
AMT American Tower Corp. 0.60% 37,715 $7.5M No change
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.60% 47,959 $7.4M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.59% 59,512 $7.3M No change
HUBB Hubbell Inc. 0.57% 17,096 $7.1M No change
MCO Moody's Corp. 0.57% 17,903 $7.0M Add +4.9%
IWM iShares Russell 2000 ETF 0.55% 32,400 $6.8M No change
FLCH Franklin Ftse China ETF 0.54% 425,000 $6.7M No change
SBUX Starbucks Corp. 0.54% 73,251 $6.7M Add +41.3%
SLQD iShares 0-5 YR Inv GRD Corp. 0.54% 135,000 $6.6M No change
WTW Willis Towers Watson PLC 0.53% 23,751 $6.5M No change
HES Hess Corp. 0.52% 42,619 $6.5M No change
TMUS T-Mobile US Inc. 0.52% 39,693 $6.5M No change
MKC McCormick & Co.-Non VTG SHRS 0.52% 83,661 $6.4M Reduce -26.8%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.51% 61,825 $6.3M No change
NTRS Northern Trust Corp. 0.50% 70,384 $6.3M No change
BAP Credicorp Ltd. 0.50% 36,895 $6.3M No change
BND Vanguard Total Bond Market 0.50% 85,900 $6.2M New
PFE Pfizer Inc. 0.50% 222,452 $6.2M No change
OMC Omnicom Group 0.49% 63,169 $6.1M Reduce -1.3%
FLIN Franklin Ftse India ETF 0.49% 165,000 $6.1M No change
DHR Danaher Corp. 0.49% 24,163 $6.0M No change
UNP Union Pacific Corp. 0.49% 24,474 $6.0M Reduce -15.6%
OTIS Otis Worldwide Corp. 0.48% 60,553 $6.0M No change
SHW The Sherwin-Williams Co. 0.48% 17,118 $5.9M Reduce -11.5%
MDT Medtronic PLC 0.48% 68,099 $5.9M No change
PPG PPG Industries Inc. 0.46% 39,456 $5.7M No change
INTC Intel Corp. 0.46% 128,360 $5.7M No change
RRX Regal Rexnord Corp. 0.46% 31,452 $5.7M No change
LKQ LKQ Corp. 0.46% 106,003 $5.7M No change
TEL Te Connectivity Ltd. 0.43% 36,295 $5.3M No change
TFC Truist Financial Corp. 0.40% 127,417 $5.0M No change
MRSH Marsh & McLennan Cos 0.38% 22,666 $4.7M No change
PCG P G & E Corp. 0.36% 263,521 $4.4M Add +30.2%
SCZ iShares MSCI Eafe Small-Cap 0.36% 69,500 $4.4M No change
ADBE Adobe Inc. 0.35% 8,645 $4.4M No change
MA Mastercard Inc. Class A 0.35% 9,053 $4.4M No change
XEL Xcel Energy Inc. 0.32% 74,188 $4.0M Reduce -35.9%
KVUE Kenvue Inc. 0.30% 176,027 $3.8M Add +15.9%
LEA Lear Corp. 0.30% 25,979 $3.8M Add +16.5%
SYK Stryker Corp. 0.30% 10,383 $3.7M No change
HON Honeywell International Inc. 0.29% 17,695 $3.6M No change
DNB Dun & Bradstreet Holdings Inc. 0.29% 354,582 $3.6M No change
DUK Duke Energy Corp. 0.27% 34,706 $3.4M No change
LHX L3HARRIS Technologies Inc. 0.27% 15,507 $3.3M No change
EWY iShares MSCI South Korea ETF 0.27% 49,000 $3.3M Reduce -18.3%
CBOE Cboe Global Markets Inc. 0.26% 17,590 $3.2M No change
MTD Mettler-Toledo International 0.26% 2,390 $3.2M New
FLBR Franklin Ftse Brazil ETF 0.25% 158,000 $3.1M No change
GD General Dynamics Corp. 0.25% 10,827 $3.1M No change
FIS Fidelity National Info Serv 0.24% 40,509 $3.0M No change
VLTO Veralto Corp. 0.24% 33,290 $3.0M No change
EA Electronic Arts Inc. 0.24% 22,102 $2.9M No change
TXN Texas Instruments Inc. 0.23% 16,051 $2.8M No change
EMXC iShares MSCI Emr MRK Ex Chna 0.22% 48,000 $2.8M Add +92.0%
AXTA Axalta Coating Systems Ltd. 0.22% 80,345 $2.8M No change
CME Cme Group Inc. 0.20% 11,359 $2.4M No change
EWW iShares MSCI Mexico ETF 0.19% 34,300 $2.4M Reduce -31.1%
PXD Pioneer Natural Resources Co. 0.19% 8,767 $2.3M No change
SWK Stanley Black & Decker Inc. 0.18% 22,840 $2.2M Reduce -32.9%
PEP Pepsico Inc. 0.17% 11,730 $2.1M Add +136.4%
WCN Waste Connections Inc. 0.16% 11,462 $2.0M Add +4.8%
FSV Firstservice Corp. 0.16% 11,882 $2.0M Reduce -2.0%
VRSK Verisk Analytics Inc. 0.16% 8,328 $2.0M No change
LIN Linde PLC 0.15% 4,069 $1.9M Reduce -16.6%
QUAL iShares MSCI USA Quality Fac 0.13% 10,000 $1.6M New
EFX Equifax Inc. 0.13% 5,892 $1.6M Reduce -58.8%
TRI Thomson Reuters Corp. 0.12% 9,718 $1.5M Reduce -29.4%
IEI iShares 3-7 Year Treasury Bo 0.11% 12,000 $1.4M Reduce -82.9%
TRV The Travelers Cos Inc. 0.11% 5,787 $1.3M No change
CDNS Cadence Design SYS Inc. 0.10% 3,917 $1.2M Reduce -27.7%
IR Ingersoll-Rand Inc. 0.10% 12,805 $1.2M Reduce -72.7%
CDW CDW Corp. 0.09% 4,380 $1.1M Add +33.8%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.09% 12,237 $1.1M Add +22.1%
AMGN Amgen Inc. 0.08% 3,540 $1.0M Reduce -11.7%
RPRX Royalty Pharma PLC Class A 0.08% 32,931 $1.0M New
TRU Transunion 0.07% 11,297 $902K New
ABT Abbott Laboratories 0.07% 7,852 $892K Reduce -64.8%
LPLA LPL Financial Holdings Inc. 0.07% 3,212 $849K New
DOX Amdocs Ltd. 0.06% 8,650 $782K Reduce -11.6%
VB Vanguard Most SM-Cap ETF-Usd 0.06% 3,000 $686K New
QCOM Qualcomm Inc. 0.06% 4,050 $686K Reduce -11.8%
PYPL PayPal Holdings Inc. 0.05% 9,914 $664K New
BLK BlackRock Finance Inc. 0.05% 780 $650K Reduce -11.4%
MOH Molina Healthcare Inc. 0.05% 1,524 $626K New
K Kellanova 0.04% 9,568 $548K Reduce -11.7%
BAM Brookfield Asset Mgmt-A 0.04% 12,506 $526K Reduce -19.3%
BN Brookfield Corp. 0.04% 11,927 $499K Reduce -57.3%
SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) 0.01% 165,000 $168K Add +50.0%
ENPHASE ENERGY INC (ENPH 0 03/01/28) 0.01% 187,000 $161K No change
CNM Core & Main Inc. Class A 0.01% 2,172 $124K Reduce -30.3%
MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) 0.00% 60,000 $57K No change
GB Global Blue Group Holding AG 0.00% 8,084 $42K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.00% 100 $34K No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $281K (not counted above)
SecurityClassShares / PrincipalValueChange
NEXTERA ENERGY INC (NEE 6.926 09/01/25) UNIT 09/01/2025 7,220$281KAdd +28.9%

Total filed on the 13F, all lines: $1.2B.

Portfolio Sells Q4 2023 → Q1 2024
SPY SS SPDR S&P 500 ETF Trust-US Reduce -15.8% 11.63% −2.02
IEFA iShares Core MSCI Eafe ETF Reduce -11.1% 5.25% −0.84
IEI iShares 3-7 Year Treasury Bo Reduce -82.9% 0.11% −0.61
ACN Accenture PLC Class A Reduce -9.5% 1.50% −0.32
XEL Xcel Energy Inc. Reduce -35.9% 0.32% −0.31
IR Ingersoll-Rand Inc. Reduce -72.7% 0.10% −0.22
EFX Equifax Inc. Reduce -58.8% 0.13% −0.18
ROP Roper Technologies Inc. Sold out 0.00% −0.18
MKC McCormick & Co.-Non VTG SHRS Reduce -26.8% 0.52% −0.17
ABT Abbott Laboratories Reduce -64.8% 0.07% −0.14
UNP Union Pacific Corp. Reduce -15.6% 0.49% −0.14
BSX Boston Scientific Corp. Reduce -22.5% 0.75% −0.14
PBR.A Petroleo Brasil-SP Pref ADR Sold out 0.00% −0.13
GOOGL Alphabet Inc. Class A Reduce -5.6% 1.73% −0.12
SWK Stanley Black & Decker Inc. Reduce -32.9% 0.18% −0.11
EWW iShares MSCI Mexico ETF Reduce -31.1% 0.19% −0.10
CMCSA Comcast Corp. Class A Reduce -0.7% 0.94% −0.10
EWY iShares MSCI South Korea ETF Reduce -18.3% 0.27% −0.08
SHOPIFY INC (SHOPCN 0.125 11/01/25) Sold out 0.00% −0.08
BIP Brookfield Infrastructure Pa Sold out 0.00% −0.07
SPLV Invesco S&P 500 Low Volatili Sold out 0.00% −0.06
BN Brookfield Corp. Reduce -57.3% 0.04% −0.06
TRI Thomson Reuters Corp. Reduce -29.4% 0.12% −0.05
SHW The Sherwin-Williams Co. Reduce -11.5% 0.48% −0.05
V Visa Inc. Class A Reduce -0.8% 1.67% −0.04
CDNS Cadence Design SYS Inc. Reduce -27.7% 0.10% −0.03
LIN Linde PLC Reduce -16.6% 0.15% −0.02
AMGN Amgen Inc. Reduce -11.7% 0.08% −0.02
FSV Firstservice Corp. Reduce -2.0% 0.16% −0.01
DOX Amdocs Ltd. Reduce -11.6% 0.06% −0.01
BAM Brookfield Asset Mgmt-A Reduce -19.3% 0.04% −0.01
TMO Thermo Fisher Scientific Inc. Reduce -2.5% 0.64% −0.01
APH Amphenol Corp. Class A Reduce -7.6% 0.93% −0.01
BLK BlackRock Finance Inc. Reduce -11.4% 0.05% −0.01
K Kellanova Reduce -11.7% 0.04% −0.01
KLG WK Kellogg Co. Sold out 0.00% −0.00
QCOM Qualcomm Inc. Reduce -11.8% 0.06% −0.00
CNM Core & Main Inc. Class A Reduce -30.3% 0.01% −0.00
OMC Omnicom Group Reduce -1.3% 0.49% +0.01
ICLR Icon PLC Reduce -5.5% 1.08% +0.03
ETN Eaton Corp. PLC Reduce -12.8% 1.36% +0.05
MSFT Microsoft Corp. Reduce -1.0% 3.82% +0.07

Portfolio Buys Q4 2023 → Q1 2024
USHY iShares Broad Usd High Yield New 1.00% +1.00
IJR iShares Core S&P Small-Cap E Add +382.1% 1.08% +0.84
LQD Ishr Ibx Usd Invgd CB ETF-Ui Add +179.2% 1.25% +0.76
IEMG iShares Core MSCI Emerging Add +18.9% 7.24% +0.75
BND Vanguard Total Bond Market New 0.50% +0.50
TSM Taiwan Semiconductor-SP ADR Add +7.5% 1.89% +0.43
IEF iShares 7-10 Year Treasury B Add +78.5% 0.94% +0.36
EWJ iShares MSCI Japan ETF Add +42.9% 0.92% +0.29
AON Aon PLC Class A Add +12.0% 1.71% +0.26
MTD Mettler-Toledo International New 0.26% +0.26
MAS Masco Corp. Add +28.4% 0.86% +0.24
DGRO iShares Core Dividend Growth Add +14.4% 1.17% +0.14
QUAL iShares MSCI USA Quality Fac New 0.13% +0.13
QQQ Invesco QQQ Trust Series 1 Add +5.8% 2.29% +0.12
BDX Becton Dickinson and Co. Add +18.5% 1.10% +0.11
SBUX Starbucks Corp. Add +41.3% 0.54% +0.10
EMXC iShares MSCI Emr MRK Ex Chna Add +92.0% 0.22% +0.10
PEP Pepsico Inc. Add +136.4% 0.17% +0.09
RPRX Royalty Pharma PLC Class A New 0.08% +0.08
JCI Johnson Controls Internation Add +6.4% 0.80% +0.08
TRU Transunion New 0.07% +0.07
LPLA LPL Financial Holdings Inc. New 0.07% +0.07
VB Vanguard Most SM-Cap ETF-Usd New 0.06% +0.06
PYPL PayPal Holdings Inc. New 0.05% +0.05
MOH Molina Healthcare Inc. New 0.05% +0.05
PCG P G & E Corp. Add +30.2% 0.36% +0.04
LEA Lear Corp. Add +16.5% 0.30% +0.03
WRB WR Berkley Corp. Add +22.1% 0.09% +0.03
CDW CDW Corp. Add +33.8% 0.09% +0.03
KVUE Kenvue Inc. Add +15.9% 0.30% +0.02
WCN Waste Connections Inc. Add +4.8% 0.16% +0.02
NKE Nike Inc. Class B Add +28.6% 0.68% +0.02
SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) Add +50.0% 0.01% +0.00
MCO Moody's Corp. Add +4.9% 0.57% −0.02
HDB HDFC Bank Ltd.-ADR Add +8.1% 0.67% −0.14

Notes & Other Activity Q4 2023 → Q1 2024
NEXTERA ENERGY INC (NEE 6.926 09/01/25) UNIT 09/01/2025 Add +28.9% 7,220 $281K
AES CORP/THE (AES 6.875 02/15/24) UNIT 02/15/2024 Sold out 1,300 $99Kbefore exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 336$1.8BIEMG, IEFA, NVDA, SPY, AAPL
Q1 2026 337$1.7BIEMG, AAPL, IEFA, NVDA, SPY
Q4 2025 321$1.8BIEMG, SPY, IEFA, TSM, AAPL
Q3 2025 363$1.7BIEMG, SPY, IEFA, TSM, MSFT
Q2 2025Amended 380$1.7BIEMG, SPY, IEFA, MSFT, IVW
Q1 2025 174$1.5BSPY, IEMG, IEFA, IVW, IEF
Q4 2024 168$1.4BSPY, IEMG, MSFT, IEFA, TSM
Q3 2024 163$1.5BSPY, IEMG, IEFA, MSFT, TSM
Q2 2024 143$1.3BSPY, IEMG, IEFA, MSFT, QQQ
Q1 2024 142$1.2BSPY, IEMG, IEFA, MSFT, QQQ