Financiere des Professionnels - Fonds d'investissement inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 29, 2025), Financiere des Professionnels - Fonds d'investissement inc. reported 174 stock positions worth $1.5 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 7.5% of the portfolio, followed by iShares Core MSCI Emerging (IEMG, 6.2%) and iShares Core MSCI Eafe ETF (IEFA, 4.4%). Compared with Q4 2024, it opened 29 new positions, sold out of 23, added to 36 and reduced 94. The biggest buy was a new position in iShares S&P 500 Growth ETF (IVW) and the biggest sale Microsoft (MSFT, shares −29%).
- Most Recent 13F
- Q2 2026
- Location
- MONTREAL, A8
- CIK
- 0001996846
- Portfolio Value
- $1.5B (Q1 2025)
- SEC Filing
- 0001996846-25-000006 ↗ filed Apr 29, 2025
Holdings Value
Holdings 174 stocks · $1.5B
| SPY SS SPDR S&P 500 ETF Trust-US | 7.48% | 206,206 | $115.3M | Reduce -4.6% |
| IEMG iShares Core MSCI Emerging | 6.18% | 1,766,348 | $95.3M | Add +5.1% |
| IEFA iShares Core MSCI Eafe ETF | 4.44% | 905,153 | $68.5M | Add +35.7% |
| IVW iShares S&P 500 Growth ETF | 4.28% | 710,000 | $65.9M | New |
| IEF iShares 7-10 Year Treasury B | 4.01% | 648,750 | $61.9M | Add +400.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 3.87% | 269,200 | $59.7M | Add +362.5% |
| SCZ iShares MSCI Eafe Small-Cap | 3.61% | 877,000 | $55.7M | Add +552.0% |
| MSFT Microsoft Corp. | 2.55% | 104,528 | $39.2M | Reduce -29.0% |
| QQQ Invesco QQQ Trust Series 1 | 2.24% | 73,750 | $34.6M | No change |
| TSM Taiwan Semiconductor-SP ADR | 1.97% | 182,838 | $30.4M | Reduce -15.9% |
| IVV iShares Core S&P 500 ETF | 1.67% | 45,800 | $25.7M | Add +5.2% |
| AON Aon PLC Class A | 1.59% | 61,543 | $24.6M | Reduce -6.4% |
| AAPL Apple Inc. | 1.56% | 108,534 | $24.1M | Reduce -21.4% |
| SCHW Schwab (charles) Corp. | 1.35% | 266,786 | $20.9M | Reduce -3.5% |
| BDX Becton Dickinson and Co. | 1.35% | 90,978 | $20.8M | Reduce -2.2% |
| EEM iShares MSCI Emerging Market | 1.34% | 472,500 | $20.6M | Add +26.2% |
| AMT American Tower Corp. | 1.32% | 93,850 | $20.4M | Reduce -1.6% |
| V Visa Inc. Class A | 1.24% | 54,465 | $19.1M | Reduce -22.9% |
| CMCSA Comcast Corp. Class A | 1.23% | 515,198 | $19.0M | Add +7.8% |
| TRU Transunion | 1.21% | 224,032 | $18.6M | Add +17.1% |
| ACN Accenture PLC Class A | 1.08% | 53,558 | $16.7M | Reduce -8.5% |
| DGRO iShares Core Dividend Growth | 1.08% | 268,800 | $16.6M | No change |
| PEP Pepsico Inc. | 1.02% | 105,082 | $15.8M | Add +24.1% |
| FISV Fiserv Inc. | 1.01% | 70,322 | $15.5M | Reduce -2.5% |
| SLQD iShares 0-5 YR Inv GRD Corp. | 0.83% | 255,700 | $12.9M | No change |
| HDB HDFC Bank Ltd.-ADR | 0.81% | 188,995 | $12.6M | Add +4.6% |
| MDT Medtronic PLC | 0.78% | 133,499 | $12.0M | Reduce -4.0% |
| CHD Church & Dwight Co. Inc. | 0.75% | 105,667 | $11.6M | Reduce -3.5% |
| STE Steris PLC | 0.74% | 50,492 | $11.4M | Add +14.6% |
| RSP Invesco S&P 500 Equal Weight | 0.74% | 65,800 | $11.4M | No change |
| ETN Eaton Corp. PLC | 0.72% | 40,644 | $11.0M | Reduce -1.2% |
| JNJ Johnson & Johnson | 0.71% | 65,581 | $10.9M | Reduce -3.0% |
| CMS CMS Energy Corp. | 0.70% | 144,700 | $10.9M | Reduce -2.2% |
| NVDA Nvidia Corp. | 0.70% | 99,799 | $10.8M | Reduce -19.8% |
| EZU iShares MSCI Eurozone ETF | 0.69% | 200,000 | $10.7M | New |
| CP Canadian Pacific Kansas City | 0.67% | 147,378 | $10.3M | Reduce -2.1% |
| CI The Cigna Group | 0.66% | 30,985 | $10.2M | Reduce -4.0% |
| CRM Salesforce Inc. | 0.65% | 37,403 | $10.0M | Reduce -1.3% |
| JCI Johnson Controls Internation | 0.64% | 123,098 | $9.9M | Reduce -4.0% |
| A Agilent Technologies Inc. | 0.64% | 83,955 | $9.8M | Reduce -3.0% |
| KVUE Kenvue Inc. | 0.63% | 407,091 | $9.8M | Reduce -4.0% |
| APTV Aptiv PLC | 0.63% | 162,247 | $9.7M | Reduce -3.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.62% | 230,845 | $9.6M | Reduce -4.0% |
| CME Cme Group Inc. | 0.62% | 36,140 | $9.6M | Add +72.1% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.62% | 87,700 | $9.5M | No change |
| PFE Pfizer Inc. | 0.61% | 373,497 | $9.5M | Reduce -4.0% |
| HES Hess Corp. | 0.61% | 58,779 | $9.4M | Reduce -4.0% |
| TMO Thermo Fisher Scientific Inc. | 0.59% | 18,380 | $9.1M | Reduce -8.2% |
| FLCH Franklin Ftse China ETF | 0.59% | 425,000 | $9.1M | No change |
| GS Goldman Sachs Group Inc. | 0.58% | 16,480 | $9.0M | Reduce -16.9% |
| CB Chubb Ltd. | 0.58% | 29,369 | $8.9M | Reduce -4.0% |
| XOM Exxon Mobil Corp. | 0.55% | 71,470 | $8.5M | Add +14.5% |
| COP Conocophillips | 0.52% | 76,834 | $8.1M | Reduce -4.0% |
| SYK Stryker Corp. | 0.52% | 21,626 | $8.1M | Reduce -8.0% |
| NTRS Northern Trust Corp. | 0.52% | 81,309 | $8.0M | Reduce -4.0% |
| WTW Willis Towers Watson PLC | 0.51% | 23,081 | $7.8M | Reduce -4.0% |
| APH Amphenol Corp. Class A | 0.49% | 116,062 | $7.6M | Reduce -2.8% |
| FIS Fidelity National Info Serv | 0.48% | 99,222 | $7.4M | Reduce -15.4% |
| MAS Masco Corp. | 0.48% | 106,238 | $7.4M | Reduce -10.2% |
| JPM JPMorgan Chase & Co. | 0.47% | 29,693 | $7.3M | Reduce -13.1% |
| IEI iShares 3-7 Year Treasury Bo | 0.47% | 61,200 | $7.2M | Add +48.5% |
| NKE Nike Inc. Class B | 0.45% | 108,233 | $6.9M | Reduce -1.5% |
| MKC McCormick & Co.-Non VTG SHRS | 0.44% | 81,649 | $6.7M | Reduce -0.1% |
| ICLR Icon PLC | 0.43% | 38,318 | $6.7M | Add +5.0% |
| MCO Moody's Corp. | 0.43% | 14,300 | $6.7M | Reduce -2.1% |
| FXI iShares China Large-Cap ETF | 0.43% | 185,000 | $6.6M | Add +42.3% |
| OMC Omnicom Group | 0.43% | 79,792 | $6.6M | Add +4.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.43% | 67,004 | $6.6M | Add +8.4% |
| DHR Danaher Corp. | 0.43% | 32,170 | $6.6M | Reduce -4.0% |
| BAP Credicorp Ltd. | 0.43% | 35,385 | $6.6M | Reduce -1.8% |
| BSX Boston Scientific Corp. | 0.42% | 63,811 | $6.4M | Reduce -21.6% |
| MTD Mettler-Toledo International | 0.41% | 5,372 | $6.3M | Reduce -3.6% |
| HUBB Hubbell Inc. | 0.41% | 19,162 | $6.3M | Add +14.7% |
| NXPI NXP Semiconductors NV | 0.40% | 32,161 | $6.1M | Reduce -4.0% |
| GOOGL Alphabet Inc. Class A | 0.39% | 38,960 | $6.0M | Reduce -48.5% |
| HLT Hilton Worldwide Holdings Inc. | 0.39% | 26,434 | $6.0M | Add +31.0% |
| OTIS Otis Worldwide Corp. | 0.39% | 57,933 | $6.0M | Reduce -2.1% |
| PCG P G & E Corp. | 0.38% | 342,461 | $5.9M | Add +6.3% |
| UNP Union Pacific Corp. | 0.37% | 24,458 | $5.8M | Reduce -2.0% |
| TXN Texas Instruments Inc. | 0.37% | 32,112 | $5.8M | Reduce -2.6% |
| SHW The Sherwin-Williams Co. | 0.35% | 15,508 | $5.4M | Reduce -2.3% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.35% | 81,326 | $5.4M | Reduce -1.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.34% | 43,601 | $5.3M | Add +5.4% |
| MRSH Marsh & McLennan Cos | 0.34% | 21,685 | $5.3M | Reduce -2.1% |
| PPG PPG Industries Inc. | 0.34% | 48,385 | $5.3M | Add +9.3% |
| ROST Ross Stores Inc. | 0.33% | 39,666 | $5.1M | Reduce -2.3% |
| IT Gartner Inc. | 0.33% | 11,955 | $5.0M | Reduce -2.5% |
| LKQ LKQ Corp. | 0.32% | 115,505 | $4.9M | Reduce -4.0% |
| TEL Te Connectivity PLC | 0.32% | 34,726 | $4.9M | Reduce -2.1% |
| MA Mastercard Inc. Class A | 0.31% | 8,662 | $4.7M | Reduce -2.1% |
| FLIN Franklin Ftse India ETF | 0.31% | 127,661 | $4.7M | Reduce -22.6% |
| EWJ iShares MSCI Japan ETF | 0.29% | 64,900 | $4.4M | New |
| DUK Duke Energy Corp. | 0.27% | 33,974 | $4.1M | Reduce -4.0% |
| DNB Dun & Bradstreet Holdings Inc. | 0.27% | 458,168 | $4.1M | Add +10.6% |
| ADI Analog Devices Inc. | 0.25% | 19,478 | $3.9M | Reduce -3.0% |
| HON Honeywell International Inc. | 0.25% | 17,922 | $3.8M | Reduce -0.7% |
| LEA Lear Corp. | 0.24% | 42,328 | $3.7M | Add +10.7% |
| GGG Graco Inc. | 0.23% | 43,232 | $3.6M | Reduce -4.4% |
| POOL Pool Corp. | 0.23% | 11,044 | $3.5M | New |
| EWY iShares MSCI South Korea ETF | 0.23% | 65,000 | $3.5M | New |
Other holdings (3): bonds, preferreds, convertibles and warrants · $4.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 67,198 | $4.0M | No change |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | 11,100 | $506K | New |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 3,550 | $169K | No change |
Total filed on the 13F, all lines: $1.5B.
Portfolio Sells Q4 2024 → Q1 2025
| MSFT Microsoft Corp. | Reduce -29.0% | 2.55% | −1.80 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -4.6% | 7.48% | −1.40 |
| IJR iShares Core S&P Small-Cap E | Sold out | 0.00% | −1.29 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -15.9% | 1.97% | −1.04 |
| BND Vanguard Total Bond Market | Sold out | 0.00% | −1.00 |
| AAPL Apple Inc. | Reduce -21.4% | 1.56% | −0.86 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Sold out | 0.00% | −0.83 |
| USHY iShares Broad Usd High Yield | Sold out | 0.00% | −0.76 |
| GOOGL Alphabet Inc. Class A | Reduce -48.5% | 0.39% | −0.61 |
| NVDA Nvidia Corp. | Reduce -19.8% | 0.70% | −0.47 |
| EMB iShares JP Morgan Usd Emergi | Sold out | 0.00% | −0.44 |
| ACN Accenture PLC Class A | Reduce -8.5% | 1.08% | −0.36 |
| V Visa Inc. Class A | Reduce -22.9% | 1.24% | −0.33 |
| VWO Vanguard Ftse Emerging Marke | Sold out | 0.00% | −0.25 |
| ETN Eaton Corp. PLC | Reduce -1.2% | 0.72% | −0.24 |
| CRM Salesforce Inc. | Reduce -1.3% | 0.65% | −0.24 |
| EA Electronic Arts Inc. | Reduce -69.9% | 0.09% | −0.23 |
| TMUS T-Mobile US Inc. | Reduce -60.3% | 0.17% | −0.21 |
| GS Goldman Sachs Group Inc. | Reduce -16.9% | 0.58% | −0.21 |
| FIS Fidelity National Info Serv | Reduce -15.4% | 0.48% | −0.18 |
| A Agilent Technologies Inc. | Reduce -3.0% | 0.64% | −0.18 |
| EMXC iShares MSCI Emr MRK Ex Chna | Sold out | 0.00% | −0.17 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.16 |
| NKE Nike Inc. Class B | Reduce -1.5% | 0.45% | −0.14 |
| TMO Thermo Fisher Scientific Inc. | Reduce -8.2% | 0.59% | −0.14 |
| TFC Truist Financial Corp. | Sold out | 0.00% | −0.14 |
| FLIN Franklin Ftse India ETF | Reduce -22.6% | 0.31% | −0.13 |
| CBOE Cboe Global Markets Inc. | Sold out | 0.00% | −0.13 |
| EIDO iShares MSCI Indonesia ETF | Sold out | 0.00% | −0.13 |
| BDX Becton Dickinson and Co. | Reduce -2.2% | 1.35% | −0.13 |
| MAS Masco Corp. | Reduce -10.2% | 0.48% | −0.12 |
| BAC Bank of America Corp. | Reduce -4.0% | 0.62% | −0.12 |
| DHR Danaher Corp. | Reduce -4.0% | 0.43% | −0.11 |
| PFE Pfizer Inc. | Reduce -4.0% | 0.61% | −0.11 |
| JPM JPMorgan Chase & Co. | Reduce -13.1% | 0.47% | −0.10 |
| ROST Ross Stores Inc. | Reduce -2.3% | 0.33% | −0.10 |
| CP Canadian Pacific Kansas City | Reduce -2.1% | 0.67% | −0.09 |
| BSX Boston Scientific Corp. | Reduce -21.6% | 0.42% | −0.09 |
| RRX Regal Rexnord Corp. | Reduce -4.0% | 0.17% | −0.09 |
| NXPI NXP Semiconductors NV | Reduce -4.0% | 0.40% | −0.09 |
| IT Gartner Inc. | Reduce -2.5% | 0.33% | −0.09 |
| NTRS Northern Trust Corp. | Reduce -4.0% | 0.52% | −0.09 |
| APH Amphenol Corp. Class A | Reduce -2.8% | 0.49% | −0.09 |
| EL Estee Lauder Companies Class A | Reduce -1.5% | 0.35% | −0.09 |
| APTV Aptiv PLC | Reduce -3.0% | 0.63% | −0.08 |
| SCHW Schwab (charles) Corp. | Reduce -3.5% | 1.35% | −0.08 |
| SYK Stryker Corp. | Reduce -8.0% | 0.52% | −0.07 |
| JCI Johnson Controls Internation | Reduce -4.0% | 0.64% | −0.07 |
| SBUX Starbucks Corp. | Reduce -33.0% | 0.13% | −0.07 |
| MTD Mettler-Toledo International | Reduce -3.6% | 0.41% | −0.07 |
Portfolio Buys Q4 2024 → Q1 2025
| IVW iShares S&P 500 Growth ETF | New | 4.28% | +4.28 |
| IEF iShares 7-10 Year Treasury B | Add +400.4% | 4.01% | +3.17 |
| SCZ iShares MSCI Eafe Small-Cap | Add +552.0% | 3.61% | +3.04 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +362.5% | 3.87% | +2.89 |
| IEFA iShares Core MSCI Eafe ETF | Add +35.7% | 4.44% | +1.16 |
| EZU iShares MSCI Eurozone ETF | New | 0.69% | +0.69 |
| EWJ iShares MSCI Japan ETF | New | 0.29% | +0.29 |
| CME Cme Group Inc. | Add +72.1% | 0.62% | +0.28 |
| EEM iShares MSCI Emerging Market | Add +26.2% | 1.34% | +0.24 |
| POOL Pool Corp. | New | 0.23% | +0.23 |
| EWY iShares MSCI South Korea ETF | New | 0.23% | +0.23 |
| FXI iShares China Large-Cap ETF | Add +42.3% | 0.43% | +0.15 |
| IEI iShares 3-7 Year Treasury Bo | Add +48.5% | 0.47% | +0.14 |
| MTUM iShares MSCI USA Momentum Fa | New | 0.12% | +0.12 |
| PEP Pepsico Inc. | Add +24.1% | 1.02% | +0.12 |
| STE Steris PLC | Add +14.6% | 0.74% | +0.11 |
| EPOL iShares MSCI Poland ETF | New | 0.10% | +0.10 |
| ECH iShares MSCI Chile ETF | New | 0.09% | +0.09 |
| BIDU Baidu Inc. - Spon ADR | New | 0.08% | +0.08 |
| XOM Exxon Mobil Corp. | Add +14.5% | 0.55% | +0.08 |
| XLF SS Financial Select Sector | Add +66.7% | 0.16% | +0.06 |
| INDA iShares MSCI India ETF | Add +95.0% | 0.13% | +0.06 |
| PYPL PayPal Holdings Inc. | New | 0.05% | +0.05 |
| WFC Wells Fargo & Co. | Add +55.2% | 0.17% | +0.05 |
| CSCO Cisco Systems Inc. | Add +70.2% | 0.11% | +0.04 |
| IPG Interpublic Group of Cos Inc. | Add +421.3% | 0.05% | +0.04 |
| PNC PNC Financial Services Group | Add +61.4% | 0.15% | +0.04 |
| HLT Hilton Worldwide Holdings Inc. | Add +31.0% | 0.39% | +0.04 |
| IEMG iShares Core MSCI Emerging | Add +5.1% | 6.18% | +0.03 |
| SAP Sap SE-Sponsored ADR | New | 0.03% | +0.03 |
| COR Cencora Inc. | New | 0.03% | +0.03 |
| BRO Brown & Brown Inc. | Add +24.4% | 0.09% | +0.03 |
| AJG Arthur J Gallagher & Co. | New | 0.02% | +0.02 |
| AVGO Broadcom Inc. | New | 0.02% | +0.02 |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | New | 0.01% | +0.01 |
| ITW Illinois Tool Works | New | 0.01% | +0.01 |
| LW Lamb Weston Holdings Inc. | New | 0.01% | +0.01 |
| PAYX Paychex Inc. | New | 0.01% | +0.01 |
| AFL Aflac Inc. | New | 0.01% | +0.01 |
| PG The Procter & Gamble Co. | New | 0.01% | +0.01 |
| BF.B Brown-Forman Corp. Class B | New | 0.01% | +0.01 |
| EOG EOG Resources Inc. | New | 0.01% | +0.01 |
| MDLZ Mondelez International Inc. Class A | New | 0.01% | +0.01 |
| GIS General Mills Inc. | New | 0.01% | +0.01 |
| AMCR Amcor PLC | New | 0.01% | +0.01 |
| MRK Merck & Co. Inc. | New | 0.01% | +0.01 |
| EMN Eastman Chemical Co. | New | 0.01% | +0.01 |
| MCHP Microchip Technology Inc. | New | 0.01% | +0.01 |
| TGT Target Corp. | New | 0.01% | +0.01 |
| HDB HDFC Bank Ltd.-ADR | Add +4.6% | 0.81% | +0.01 |
Notes & Other Activity Q4 2024 → Q1 2025
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | Sold out | 12,350 | $603Kbefore exit |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | New | 11,100 | $506K |
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 | 336 | $1.8B | IEMG, IEFA, NVDA, SPY, AAPL |
| Q1 2026 | 337 | $1.7B | IEMG, AAPL, IEFA, NVDA, SPY |
| Q4 2025 | 321 | $1.8B | IEMG, SPY, IEFA, TSM, AAPL |
| Q3 2025 | 363 | $1.7B | IEMG, SPY, IEFA, TSM, MSFT |
| Q2 2025Amended | 380 | $1.7B | IEMG, SPY, IEFA, MSFT, IVW |
| Q1 2025 | 174 | $1.5B | SPY, IEMG, IEFA, IVW, IEF |
| Q4 2024 | 168 | $1.4B | SPY, IEMG, MSFT, IEFA, TSM |
| Q3 2024 | 163 | $1.5B | SPY, IEMG, IEFA, MSFT, TSM |
| Q2 2024 | 143 | $1.3B | SPY, IEMG, IEFA, MSFT, QQQ |
| Q1 2024 | 142 | $1.2B | SPY, IEMG, IEFA, MSFT, QQQ |