Intact Investment Management Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 8, 2026), Intact Investment Management Inc. reported 266 stock positions worth $3.5 billion. Its top holding was Royal Bank of Canada (RY) at 5.1% of the portfolio, followed by Suncor Energy (SU, 3.8%) and Toronto-Dominion Bank (TD, 3.3%). Compared with Q4 2025, it opened 29 new positions, sold out of 74, added to 79 and reduced 88. The biggest buy was Suncor Energy (SU, shares +18%) and the biggest sale Toronto-Dominion Bank (TD, shares −46%).
- Most Recent 13F
- Q2 2026
- Location
- MONTREAL, A8
- CIK
- 0001443077
- Portfolio Value
- $3.5B (Q1 2026)
- SEC Filing
- 0001062993-26-002419 ↗ filed May 8, 2026
Holdings Value
Holdings 266 stocks · $3.5B
| RY Royal Bank of Canada | 5.06% | 1,098,659 | $177.6M | Add +42.3% |
| SU Suncor Energy Inc. | 3.77% | 2,002,650 | $132.4M | Add +18.1% |
| TD Toronto-Dominion Bank | 3.34% | 1,256,136 | $117.3M | Reduce -45.6% |
| BIP Brookfield Infrastructure Pa | 3.10% | 2,834,584 | $108.7M | Add +18.3% |
| CVE Cenovus Energy Inc. | 2.84% | 3,750,960 | $99.5M | Add +11.4% |
| CNI Canadian Natl Railway Co. | 2.82% | 961,420 | $98.9M | Add +69.9% |
| EMA Emera Inc. | 2.65% | 1,794,525 | $93.0M | Add +104.9% |
| BCE Bce Inc. | 2.58% | 3,587,760 | $90.5M | Reduce -6.8% |
| MFC Manulife Financial Corp. | 2.42% | 2,467,191 | $85.0M | Add +4.9% |
| PBA Pembina Pipeline Corp. | 2.17% | 1,701,464 | $76.1M | Reduce -21.6% |
| BAM Brookfield Asset Mgmt-A | 2.10% | 1,661,168 | $73.8M | Add +112.3% |
| MGA Magna International Inc. | 1.97% | 1,240,010 | $69.2M | Reduce -21.3% |
| RCI Rogers Communications Inc. Class B | 1.94% | 1,771,601 | $68.1M | Reduce -20.5% |
| NTR Nutrien Ltd. | 1.84% | 855,835 | $64.6M | Reduce -19.0% |
| GIL Gildan Activewear Inc. | 1.72% | 1,084,335 | $60.4M | Reduce -0.1% |
| TU Telus Corp. | 1.51% | 4,133,462 | $53.1M | Add +69.5% |
| BMO Bank of Montreal filed as BANK MONTREAL MEDIUM | 1.50% | 389,505 | $52.7M | Add +83.5% |
| KGC Kinross Gold Corp. | 1.37% | 1,576,089 | $48.2M | Add +446.4% |
| QSR Restaurant Brands Intern | 1.37% | 648,661 | $48.0M | Add +28.6% |
| OVV Ovintiv Inc. | 1.15% | 680,830 | $40.4M | New |
| CNQ Canadian Natural Resources | 1.15% | 827,260 | $40.3M | Reduce -10.6% |
| ENB Enbridge Inc. | 1.14% | 736,793 | $39.9M | Reduce -25.4% |
| B Barrick Mining Corp. | 1.07% | 923,120 | $37.7M | Reduce -54.9% |
| SOBO South Bow Corp. | 1.01% | 1,065,860 | $35.4M | Add +10.5% |
| FNV Franco-Nevada Corp. | 0.99% | 140,858 | $34.9M | Reduce -31.7% |
| WPM Wheaton Precious Metals Corp. | 0.93% | 248,660 | $32.6M | Add +94.3% |
| AEM Agnico Eagle Mines Ltd. | 0.92% | 159,123 | $32.3M | Reduce -23.0% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO | 0.88% | 324,820 | $30.8M | Reduce -33.8% |
| SHOP Shopify Inc. Class A | 0.83% | 245,694 | $29.1M | Reduce -7.5% |
| BTE Baytex Energy Corp. | 0.83% | 6,506,300 | $29.1M | Reduce -26.6% |
| TRP TC Energy Corp. | 0.82% | 457,635 | $28.6M | Reduce -4.1% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA B C | 0.77% | 392,073 | $27.2M | Reduce -9.6% |
| RBA RB Global Inc. | 0.77% | 280,882 | $26.9M | Add +8.0% |
| BEP Brookfield Renewable Partner | 0.73% | 783,147 | $25.5M | Reduce -32.3% |
| SLF Sun Life Financial Inc. | 0.73% | 407,711 | $25.5M | Reduce -79.7% |
| MSFT Microsoft Corp. | 0.68% | 64,900 | $24.0M | No change |
| ABBV Abbvie Inc. | 0.67% | 107,630 | $23.4M | Add +22.6% |
| PM Philip Morris International | 0.66% | 140,700 | $23.3M | Add +1.9% |
| OTEX Open Text Corp. | 0.63% | 991,940 | $22.1M | Add +36.1% |
| IAG Iamgold Corp. | 0.62% | 1,153,341 | $21.7M | Add +7.5% |
| MRK Merck & Co. Inc. | 0.59% | 173,500 | $20.9M | Reduce -5.2% |
| GOOGL Alphabet Inc. Class A | 0.59% | 71,700 | $20.6M | Add +0.8% |
| AVGO Broadcom Inc. | 0.58% | 66,050 | $20.4M | Add +1.0% |
| AQN Algonquin Power & Utilities | 0.58% | 3,302,119 | $20.2M | Reduce -18.8% |
| VET Vermilion Energy Inc. | 0.58% | 1,466,800 | $20.2M | Add +34.7% |
| CVX Chevron Corp. | 0.57% | 97,262 | $20.1M | Add +0.2% |
| CCJ Cameco Corp. | 0.55% | 177,090 | $19.3M | Add +4.3% |
| TAC Transalta Corp. | 0.54% | 1,449,000 | $19.0M | Add +237.9% |
| HD Home Depot Inc. | 0.54% | 57,800 | $19.0M | No change |
| TRI Thomson Reuters Corp. | 0.53% | 207,729 | $18.7M | Add +3197.3% |
| WCN Waste Connections Inc. | 0.53% | 114,877 | $18.7M | Add +191.9% |
| EGO Eldorado Gold Corp. | 0.53% | 543,140 | $18.6M | New |
| AAPL Apple Inc. | 0.53% | 73,400 | $18.6M | Add +1.0% |
| PG The Procter & Gamble Co. | 0.51% | 123,500 | $17.8M | Reduce -0.6% |
| MEOH Methanex Corp. | 0.51% | 299,400 | $17.8M | Reduce -55.8% |
| CAE Cae Inc. | 0.51% | 682,245 | $17.8M | Reduce -43.3% |
| PFE Pfizer Inc. | 0.49% | 615,500 | $17.3M | Reduce -0.5% |
| VZ Verizon Communications Inc. | 0.49% | 342,400 | $17.2M | Reduce -0.5% |
| BN Brookfield Corp. | 0.46% | 402,605 | $16.3M | Add +29.3% |
| KO The Coca-Cola Co. | 0.46% | 213,300 | $16.2M | Reduce -1.3% |
| NVDA Nvidia Corp. | 0.45% | 91,380 | $15.9M | Add +10.4% |
| TXN Texas Instruments Inc. | 0.41% | 73,400 | $14.2M | Reduce -3.8% |
| UNP Union Pacific Corp. | 0.40% | 57,600 | $14.0M | Add +5.9% |
| META Meta Platforms Inc. Class A | 0.40% | 24,400 | $14.0M | Reduce -6.2% |
| HBM Hudbay Minerals Inc. | 0.38% | 643,210 | $13.5M | Add +13822.3% |
| JNJ Johnson & Johnson | 0.38% | 54,729 | $13.4M | No change |
| SII Sprott Inc. | 0.37% | 92,200 | $13.2M | Add +17.0% |
| JPM JPMorgan Chase & Co. | 0.37% | 44,700 | $13.1M | Reduce -15.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.37% | 266,700 | $13.0M | Add +0.5% |
| WFG West Fraser Timber Co. Ltd. | 0.37% | 198,000 | $12.9M | Add +108.8% |
| CVS CVS Health Corp. | 0.37% | 179,700 | $12.9M | Add +8.7% |
| TMUS T-Mobile US Inc. | 0.36% | 60,200 | $12.6M | Reduce -0.7% |
| NEE Nextera Energy Inc. | 0.36% | 135,200 | $12.6M | No change |
| DGT SS SPDR Global Dow ETF | 0.35% | 73,266 | $12.4M | No change |
| CSCO Cisco Systems Inc. | 0.35% | 156,900 | $12.2M | Reduce -23.5% |
| T AT&T Inc. | 0.35% | 419,400 | $12.2M | Reduce -0.7% |
| MDLZ Mondelez International Inc. Class A | 0.34% | 208,700 | $12.0M | Add +10.5% |
| UNH Unitedhealth Group Inc. | 0.34% | 43,900 | $11.9M | Add +0.7% |
| DUK Duke Energy Corp. | 0.31% | 82,800 | $10.8M | No change |
| PEP Pepsico Inc. | 0.29% | 65,900 | $10.2M | Add +7.3% |
| LMT Lockheed Martin Corp. | 0.29% | 16,800 | $10.2M | Reduce -1.8% |
| ABT Abbott Laboratories | 0.27% | 93,400 | $9.6M | Add +64.2% |
| MS Morgan Stanley | 0.27% | 58,100 | $9.6M | Reduce -0.7% |
| ORCL Oracle Corp. | 0.27% | 63,630 | $9.4M | Add +2.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.26% | 95,100 | $9.2M | Add +12.0% |
| SBUX Starbucks Corp. | 0.26% | 101,800 | $9.1M | No change |
| EQIX Equinix Inc. | 0.25% | 9,000 | $8.8M | Reduce -3.2% |
| USB US Bancorp | 0.25% | 166,800 | $8.7M | Reduce -4.1% |
| SRE Sempra | 0.25% | 88,700 | $8.6M | Add +28.6% |
| APD Air Products & Chemicals Inc. | 0.24% | 29,400 | $8.5M | Add +23.5% |
| XOM Exxon Mobil Corp. | 0.24% | 50,100 | $8.5M | No change |
| KMB Kimberly-Clark Corp. | 0.24% | 87,500 | $8.4M | Add +31.2% |
| AMAT Applied Materials Inc. | 0.24% | 24,600 | $8.4M | Add +20.6% |
| TFII Tfi International Inc. filed as TRANSFORCE INC | 0.23% | 75,600 | $8.2M | New |
| CIGI Colliers Intl GR-Subord Vot | 0.23% | 76,440 | $8.2M | Reduce -5.6% |
| MO Altria Group Inc. | 0.23% | 123,700 | $8.2M | Reduce -10.2% |
| BLK BlackRock Inc. | 0.23% | 8,400 | $8.1M | No change |
| BGSI Boyd Group Services Inc. | 0.23% | 62,780 | $8.0M | Reduce -61.2% |
| PNC PNC Financial Services Group | 0.22% | 36,300 | $7.6M | No change |
| AMZN Amazon.com Inc. | 0.21% | 35,900 | $7.5M | Reduce -17.1% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $6K (not counted above)
Total filed on the 13F, all lines: $3.5B.
Portfolio Sells Q4 2025 → Q1 2026
| TD Toronto-Dominion Bank | Reduce -45.6% | 3.34% | −2.92 |
| SLF Sun Life Financial Inc. | Reduce -79.7% | 0.73% | −2.88 |
| GRTUF Granite Real Estate Investme | Sold out | 0.00% | −2.04 |
| B Barrick Mining Corp. | Reduce -54.9% | 1.07% | −1.49 |
| FTS Fortis Inc. | Reduce -94.5% | 0.08% | −1.30 |
| CAE Cae Inc. | Reduce -43.3% | 0.51% | −0.55 |
| BGSI Boyd Group Services Inc. | Reduce -61.2% | 0.23% | −0.51 |
| RCI Rogers Communications Inc. Class B | Reduce -20.5% | 1.94% | −0.48 |
| CGAU Centerra Gold Inc. | Reduce -78.5% | 0.16% | −0.46 |
| MGA Magna International Inc. | Reduce -21.3% | 1.97% | −0.44 |
| CM Can Imperial BK of Commerce | Reduce -33.8% | 0.88% | −0.40 |
| SHOP Shopify Inc. Class A | Reduce -7.5% | 0.83% | −0.40 |
| NGD New Gold Inc. | Sold out | 0.00% | −0.31 |
| MEOH Methanex Corp. | Reduce -55.8% | 0.51% | −0.26 |
| FNV Franco-Nevada Corp. | Reduce -31.7% | 0.99% | −0.24 |
| GIL Gildan Activewear Inc. | Reduce -0.1% | 1.72% | −0.23 |
| ENB Enbridge Inc. | Reduce -25.4% | 1.14% | −0.22 |
| BTG B2GOLD Corp. | Sold out | 0.00% | −0.21 |
| CLS Celestica Inc. | Reduce -49.8% | 0.19% | −0.21 |
| PBA Pembina Pipeline Corp. | Reduce -21.6% | 2.17% | −0.21 |
| ORLA Orla Mining Ltd. | Sold out | 0.00% | −0.18 |
| WM Waste Management Inc. | Sold out | 0.00% | −0.18 |
| BEP Brookfield Renewable Partner | Reduce -32.3% | 0.73% | −0.17 |
| EIX Edison International | Sold out | 0.00% | −0.16 |
| BNS Bank of Nova Scotia | Reduce -9.6% | 0.77% | −0.14 |
| AQN Algonquin Power & Utilities | Reduce -18.8% | 0.58% | −0.14 |
| FITB Fifth Third Bancorp | Sold out | 0.00% | −0.14 |
| GLW Corning Inc. | Sold out | 0.00% | −0.13 |
| JPM JPMorgan Chase & Co. | Reduce -15.2% | 0.37% | −0.11 |
| MDT Medtronic PLC | Reduce -37.1% | 0.15% | −0.11 |
| CIGI Colliers Intl GR-Subord Vot | Reduce -5.6% | 0.23% | −0.11 |
| SKE Skeena Resources Ltd. | Sold out | 0.00% | −0.11 |
| CSCO Cisco Systems Inc. | Reduce -23.5% | 0.35% | −0.11 |
| TFPM Triple Flag Precious Met | Sold out | 0.00% | −0.10 |
| GILD Gilead Sciences Inc. | Reduce -40.0% | 0.20% | −0.10 |
| META Meta Platforms Inc. Class A | Reduce -6.2% | 0.40% | −0.10 |
| COP Conocophillips | Reduce -56.9% | 0.14% | −0.09 |
| AEM Agnico Eagle Mines Ltd. | Reduce -23.0% | 0.92% | −0.09 |
| EXK Endeavour Silver Corp. | Reduce -79.7% | 0.02% | −0.08 |
| TER Teradyne Inc. | Reduce -91.0% | 0.01% | −0.08 |
| AMZN Amazon.com Inc. | Reduce -17.1% | 0.21% | −0.07 |
| ARIS Aris Mining Corp. | Sold out | 0.00% | −0.07 |
| UUUU Energy Fuels Inc. | Sold out | 0.00% | −0.06 |
| BCE Bce Inc. | Reduce -6.8% | 2.58% | −0.06 |
| CL Colgate-Palmolive Co. | Sold out | 0.00% | −0.06 |
| RF Regions Financial Corp. | Reduce -48.2% | 0.05% | −0.05 |
| LSPD Lightspeed Commerce Inc. | Reduce -3.9% | 0.09% | −0.04 |
| ADI Analog Devices Inc. | Reduce -59.5% | 0.03% | −0.04 |
| FCX Freeport-McMoran Inc. | Reduce -30.6% | 0.14% | −0.04 |
| EFXT Enerflex Ltd. | Reduce -40.4% | 0.14% | −0.04 |
Portfolio Buys Q4 2025 → Q1 2026
| SU Suncor Energy Inc. | Add +18.1% | 3.77% | +1.61 |
| EMA Emera Inc. | Add +104.9% | 2.65% | +1.41 |
| RY Royal Bank of Canada | Add +42.3% | 5.06% | +1.27 |
| CNI Canadian Natl Railway Co. | Add +69.9% | 2.82% | +1.21 |
| CVE Cenovus Energy Inc. | Add +11.4% | 2.84% | +1.20 |
| OVV Ovintiv Inc. | New | 1.15% | +1.15 |
| KGC Kinross Gold Corp. | Add +446.4% | 1.37% | +1.14 |
| BAM Brookfield Asset Mgmt-A | Add +112.3% | 2.10% | +0.93 |
| BMO Bank of Montreal | Add +83.5% | 1.50% | +0.71 |
| BIP Brookfield Infrastructure Pa | Add +18.3% | 3.10% | +0.70 |
| TU Telus Corp. | Add +69.5% | 1.51% | +0.59 |
| EGO Eldorado Gold Corp. | New | 0.53% | +0.53 |
| TRI Thomson Reuters Corp. | Add +3197.3% | 0.53% | +0.51 |
| WPM Wheaton Precious Metals Corp. | Add +94.3% | 0.93% | +0.50 |
| TAC Transalta Corp. | Add +237.9% | 0.54% | +0.39 |
| HBM Hudbay Minerals Inc. | Add +13822.3% | 0.38% | +0.38 |
| QSR Restaurant Brands Intern | Add +28.6% | 1.37% | +0.38 |
| WCN Waste Connections Inc. | Add +191.9% | 0.53% | +0.33 |
| VET Vermilion Energy Inc. | Add +34.7% | 0.58% | +0.32 |
| SOBO South Bow Corp. | Add +10.5% | 1.01% | +0.25 |
| TFII Tfi International Inc. | New | 0.23% | +0.23 |
| APH Amphenol Corp. Class A | New | 0.21% | +0.21 |
| WFG West Fraser Timber Co. Ltd. | Add +108.8% | 0.37% | +0.20 |
| RSG Republic Services Inc. | Add +7025.0% | 0.18% | +0.18 |
| EOG EOG Resources Inc. | New | 0.17% | +0.17 |
| SII Sprott Inc. | Add +17.0% | 0.37% | +0.15 |
| CVX Chevron Corp. | Add +0.2% | 0.57% | +0.15 |
| PCG P G & E Corp. | New | 0.13% | +0.13 |
| HBAN Huntington Bancshares Inc. | New | 0.12% | +0.12 |
| IAG Iamgold Corp. | Add +7.5% | 0.62% | +0.11 |
| CCJ Cameco Corp. | Add +4.3% | 0.55% | +0.10 |
| LAR Lithium Argentina AG | New | 0.09% | +0.09 |
| SPGI S&P Global Inc. | Add +311.5% | 0.13% | +0.09 |
| ABBV Abbvie Inc. | Add +22.6% | 0.67% | +0.09 |
| AMAT Applied Materials Inc. | Add +20.6% | 0.24% | +0.09 |
| TSAT Telesat Corp. | New | 0.08% | +0.08 |
| BIPC Brookfield Infrastructure-A | Add +159.9% | 0.14% | +0.08 |
| APD Air Products & Chemicals Inc. | Add +23.5% | 0.24% | +0.07 |
| URI United Rentals Inc. | Add +200.0% | 0.12% | +0.07 |
| SRE Sempra | Add +28.6% | 0.25% | +0.07 |
| SUNB Sunbelt Rentals Holdings Inc. | New | 0.07% | +0.07 |
| ABT Abbott Laboratories | Add +64.2% | 0.27% | +0.07 |
| CP Canadian Pacific Kansas City | Add +55.7% | 0.15% | +0.06 |
| BN Brookfield Corp. | Add +29.3% | 0.46% | +0.05 |
| WFC Wells Fargo & Co. | Add +87.1% | 0.14% | +0.05 |
| OPEN Opendoor Technologies Inc. | Add +253.0% | 0.08% | +0.05 |
| MDLZ Mondelez International Inc. Class A | Add +10.5% | 0.34% | +0.05 |
| SVM Silvercorp Metals Inc. | New | 0.05% | +0.05 |
| MCHP Microchip Technology Inc. | New | 0.05% | +0.05 |
| MSI Motorola Solutions Inc. | New | 0.05% | +0.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 207 | $3.5B | MFC, SPYM, TD, CNI, RY |
| Q1 2026 | 266 | $3.5B | RY, SU, TD, BIP, CVE |
| Q4 2025 | 310 | $3.5B | TD, RY, SLF, BCE, B |
| Q3 2025 | 254 | $3.3B | TD, RY, RCI, BNS, PBA |
| Q2 2025 | 322 | $3.0B | TD, RCI, RY, PBA, EMA |
| Q1 2025 | 314 | $2.9B | TD, CM, MFC, RCI, PBA |
| Q4 2024 | 309 | $2.9B | TD, SLF, CM, BMO, SU |
| Q3 2024 | 306 | $3.0B | TD, CM, MFC, RCI, BNS |
| Q2 2024 | 259 | $2.7B | TD, CM, MFC, SU, TU |
| Q1 2024 | 256 | $2.5B | TD, CM, MFC, TU, BMO |