Investment Management Corp of Ontario
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Investment Management Corp of Ontario reported 669 stock positions worth $7.5 billion. Its top holding was Nvidia (NVDA) at 6.4% of the portfolio, followed by Apple (AAPL, 6.0%) and Microsoft (MSFT, 5.0%). Compared with Q3 2025, it opened 41 new positions, sold out of 11, added to 559 and reduced 57. The biggest buy was Alphabet Class A (GOOGL, shares +21%) and the biggest sale iShares Core S&P 500 ETF (IVV, shares −62%).
- Most Recent 13F
- Q2 2026
- Location
- Toronto, Z4
- CIK
- 0001811568
- Portfolio Value
- $7.5B (Q4 2025)
- SEC Filing
- 0001999371-26-003507 ↗ filed Feb 17, 2026
Holdings Value
Holdings 669 stocks · $7.5B
| NVDA Nvidia Corp. | 6.42% | 2,587,188 | $482.5M | Add +5.5% |
| AAPL Apple Inc. | 5.95% | 1,644,851 | $447.2M | Reduce -1.0% |
| MSFT Microsoft Corp. | 5.04% | 783,132 | $378.7M | Add +8.3% |
| BKLN Invesco Senior Loan ETF | 3.65% | 13,064,723 | $274.4M | Add +39.4% |
| AMZN Amazon.com Inc. | 3.12% | 1,013,897 | $234.0M | Add +8.5% |
| GOOGL Alphabet Inc. Class A | 2.61% | 626,925 | $196.2M | Add +21.3% |
| TSLA Tesla Inc. | 2.27% | 379,045 | $170.5M | Reduce -0.7% |
| GOOG Alphabet Inc. Class C | 2.27% | 543,018 | $170.4M | Add +7.1% |
| AVGO Broadcom Inc. | 2.17% | 470,058 | $162.7M | Add +1.7% |
| META Meta Platforms Inc. Class A | 2.09% | 237,858 | $157.0M | Add +13.3% |
| IVV iShares Core S&P 500 ETF | 1.95% | 214,291 | $146.8M | Reduce -62.1% |
| JPM JPMorgan Chase & Co. | 1.53% | 356,550 | $114.9M | Add +5.0% |
| LLY Eli Lilly & Co. | 1.09% | 75,834 | $81.5M | Add +29.4% |
| HEI.A Heico Corp. Class A | 0.95% | 282,088 | $71.2M | Reduce -15.9% |
| V Visa Inc. Class A | 0.85% | 181,097 | $63.5M | Add +15.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.83% | 124,139 | $62.4M | Add +67.9% |
| CRWV Coreweave Inc. Class A | 0.74% | 778,518 | $55.7M | Reduce -53.7% |
| MA Mastercard Inc. Class A | 0.69% | 91,438 | $52.2M | Add +10.6% |
| JNJ Johnson & Johnson | 0.62% | 225,879 | $46.7M | Add +49.2% |
| XOM Exxon Mobil Corp. | 0.61% | 383,290 | $46.1M | Add +58.2% |
| WMT Walmart Inc. | 0.60% | 406,494 | $45.3M | Add +59.1% |
| RY Royal Bank of Canada | 0.60% | 263,963 | $45.0M | Add +84.2% |
| WM Waste Management Inc. | 0.59% | 203,302 | $44.7M | Add +6.1% |
| CRH CRH PLC | 0.57% | 341,788 | $42.7M | Add +543.8% |
| ABBV Abbvie Inc. | 0.55% | 181,359 | $41.4M | Add +8.3% |
| SHOP Shopify Inc. Class A | 0.55% | 254,488 | $41.0M | Add +70.3% |
| PLTR Palantir Technologies Inc. Class A | 0.54% | 229,375 | $40.8M | Add +6.5% |
| NFLX Netflix Inc. | 0.53% | 427,582 | $40.1M | Add +14.6% |
| HWM Howmet Aerospace Inc. | 0.51% | 185,187 | $38.0M | Add +7.0% |
| PG The Procter & Gamble Co. | 0.49% | 254,674 | $36.5M | Add +10.3% |
| COST Costco Wholesale Corp. | 0.48% | 41,857 | $36.1M | Add +69.6% |
| IDXX Idexx Laboratories Inc. | 0.47% | 52,069 | $35.2M | Add +6.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.46% | 634,088 | $34.9M | Add +34.4% |
| EFX Equifax Inc. | 0.45% | 155,629 | $33.8M | Add +3.2% |
| MSI Motorola Solutions Inc. | 0.44% | 86,276 | $33.1M | Add +27.1% |
| TD Toronto-Dominion Bank | 0.43% | 343,412 | $32.3M | Add +73.4% |
| GE General Electric filed as GE AEROSPACE | 0.42% | 103,299 | $31.8M | Add +26.7% |
| CSCO Cisco Systems Inc. | 0.42% | 409,573 | $31.5M | Add +0.5% |
| HD Home Depot Inc. | 0.42% | 91,578 | $31.5M | Add +29.2% |
| AMD Advanced Micro Devices | 0.42% | 146,726 | $31.4M | Add +56.5% |
| MRK Merck & Co. Inc. | 0.41% | 290,226 | $30.5M | Reduce -4.3% |
| ORCL Oracle Corp. | 0.40% | 152,533 | $29.7M | Add +92.0% |
| GS Goldman Sachs Group Inc. | 0.39% | 33,475 | $29.4M | Add +1.9% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.39% | 112,834 | $29.2M | Add +10.6% |
| UNH Unitedhealth Group Inc. | 0.39% | 88,444 | $29.2M | Add +37.7% |
| MU Micron Technology Inc. | 0.38% | 99,728 | $28.5M | Add +89.9% |
| B Barrick Mining Corp. | 0.38% | 648,123 | $28.2M | Add +28.8% |
| WFC Wells Fargo & Co. | 0.37% | 296,357 | $27.6M | Add +60.7% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO | 0.35% | 290,749 | $26.3M | Add +38.6% |
| ISRG Intuitive Surgical Inc. | 0.35% | 45,976 | $26.0M | Reduce -16.0% |
| KO The Coca-Cola Co. | 0.34% | 369,608 | $25.8M | Add +30.2% |
| CVX Chevron Corp. | 0.34% | 168,839 | $25.7M | Add +62.4% |
| CAT Caterpillar Inc. | 0.33% | 43,855 | $25.1M | Add +33.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.33% | 84,796 | $25.1M | Add +50.0% |
| MSCI MSCI Inc. | 0.33% | 43,448 | $24.9M | Add +5.7% |
| RTX RTX Corp. | 0.32% | 131,753 | $24.2M | Add +71.8% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 0.32% | 185,538 | $24.1M | Add +49.8% |
| CHD Church & Dwight Co. Inc. | 0.32% | 286,424 | $24.0M | Add +1.7% |
| WAT Waters Corp. | 0.30% | 59,956 | $22.8M | Reduce -25.7% |
| VZ Verizon Communications Inc. | 0.30% | 557,256 | $22.7M | Reduce -11.1% |
| MCD McDonald's Corp. | 0.30% | 74,090 | $22.6M | Add +46.4% |
| VRSK Verisk Analytics Inc. | 0.30% | 99,983 | $22.4M | Reduce -2.7% |
| BKNG Booking Holdings Inc. | 0.30% | 4,163 | $22.3M | Reduce -19.4% |
| GEV GE Vernova Inc. | 0.30% | 33,942 | $22.2M | Reduce -26.0% |
| ENB Enbridge Inc. | 0.29% | 462,647 | $22.1M | Add +67.7% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 0.29% | 300,178 | $22.1M | Add +55.7% |
| FLIN Franklin Ftse India ETF | 0.29% | 569,954 | $22.0M | Reduce -38.1% |
| CRM Salesforce Inc. | 0.28% | 78,950 | $20.9M | Add +42.5% |
| C Citigroup Inc. | 0.27% | 175,929 | $20.5M | Add +27.7% |
| LRCX Lam Research Corp. | 0.27% | 119,818 | $20.5M | Add +71.3% |
| QCOM Qualcomm Inc. | 0.27% | 116,662 | $20.0M | Add +7.5% |
| TMO Thermo Fisher Scientific Inc. | 0.26% | 34,171 | $19.8M | Add +92.3% |
| ABT Abbott Laboratories | 0.26% | 155,915 | $19.5M | Add +90.8% |
| PTC PTC Inc. | 0.26% | 110,578 | $19.3M | Add +2.4% |
| LIN Linde PLC | 0.26% | 45,170 | $19.3M | Add +56.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.25% | 164,804 | $18.7M | Add +39.1% |
| ADBE Adobe Inc. | 0.24% | 52,246 | $18.3M | Reduce -26.4% |
| T AT&T Inc. | 0.24% | 719,659 | $17.9M | Add +25.5% |
| AMAT Applied Materials Inc. | 0.24% | 69,510 | $17.9M | Add +60.0% |
| AXP American Express Co. | 0.24% | 47,990 | $17.8M | Add +64.0% |
| PEP Pepsico Inc. | 0.24% | 123,281 | $17.7M | Add +40.5% |
| MS Morgan Stanley | 0.24% | 99,460 | $17.7M | Add +59.2% |
| COF Capital One Financial Corp. | 0.23% | 72,511 | $17.6M | Add +3.8% |
| NOW ServiceNow Inc. | 0.23% | 114,265 | $17.5M | Add +10.9% |
| BN Brookfield Corp. | 0.23% | 373,179 | $17.1M | Add +99.0% |
| UBER Uber Technologies Inc. | 0.23% | 207,530 | $17.0M | Add +24.6% |
| PM Philip Morris International | 0.22% | 105,311 | $16.9M | Add +44.3% |
| BMY Bristol-Myers Squibb Co. | 0.22% | 308,364 | $16.6M | Reduce -35.8% |
| ANET Arista Networks Inc. | 0.21% | 122,661 | $16.1M | Reduce -18.6% |
| INTU Intuit Inc. | 0.21% | 23,995 | $15.9M | Add +84.1% |
| NEM Newmont Corp. | 0.21% | 158,437 | $15.8M | Reduce -38.4% |
| NEE Nextera Energy Inc. | 0.21% | 196,404 | $15.8M | Add +57.5% |
| ADP Automatic Data Processing | 0.21% | 60,956 | $15.7M | Reduce -4.5% |
| MCK McKesson Corp. | 0.21% | 18,799 | $15.4M | Reduce -35.8% |
| APP AppLovin Corp. Class A | 0.21% | 22,880 | $15.4M | Reduce -8.2% |
| AMGN Amgen Inc. | 0.20% | 46,956 | $15.4M | Add +79.7% |
| BA The Boeing Co. | 0.20% | 70,397 | $15.3M | Add +99.2% |
| PANW Palo Alto Networks Inc. | 0.20% | 82,919 | $15.3M | Add +21.3% |
| AEM Agnico Eagle Mines Ltd. | 0.20% | 89,814 | $15.2M | Add +84.2% |
| SCHW Schwab (charles) Corp. | 0.20% | 151,226 | $15.1M | Add +81.4% |
Portfolio Sells Q3 2025 → Q4 2025
| IVV iShares Core S&P 500 ETF | Reduce -62.1% | 1.95% | −3.80 |
| CRWV Coreweave Inc. Class A | Reduce -53.7% | 0.74% | −2.75 |
| AAPL Apple Inc. | Reduce -1.0% | 5.95% | −0.47 |
| HEI.A Heico Corp. Class A | Reduce -15.9% | 0.95% | −0.35 |
| TSLA Tesla Inc. | Reduce -0.7% | 2.27% | −0.31 |
| FLIN Franklin Ftse India ETF | Reduce -38.1% | 0.29% | −0.23 |
| ADI Analog Devices Inc. | Reduce -55.9% | 0.16% | −0.21 |
| DASH DoorDash Inc. Class A | Reduce -41.9% | 0.14% | −0.19 |
| ALNY Alnylam Pharmaceuticals Inc. | Reduce -43.3% | 0.11% | −0.15 |
| MCK McKesson Corp. | Reduce -35.8% | 0.21% | −0.14 |
| ADBE Adobe Inc. | Reduce -26.4% | 0.24% | −0.14 |
| GEV GE Vernova Inc. | Reduce -26.0% | 0.30% | −0.13 |
| BKNG Booking Holdings Inc. | Reduce -19.4% | 0.30% | −0.13 |
| FAST Fastenal Co. | Reduce -32.4% | 0.11% | −0.12 |
| ANET Arista Networks Inc. | Reduce -18.6% | 0.21% | −0.12 |
| NEM Newmont Corp. | Reduce -38.4% | 0.21% | −0.12 |
| VZ Verizon Communications Inc. | Reduce -11.1% | 0.30% | −0.12 |
| CPRT Copart Inc. | Reduce -39.5% | 0.09% | −0.11 |
| BMY Bristol-Myers Squibb Co. | Reduce -35.8% | 0.22% | −0.11 |
| CVS CVS Health Corp. | Reduce -37.3% | 0.14% | −0.10 |
| EA Electronic Arts Inc. | Reduce -41.3% | 0.11% | −0.10 |
| VRSK Verisk Analytics Inc. | Reduce -2.7% | 0.30% | −0.09 |
| BNY Bank of New York Mellon Corp. | Reduce -25.8% | 0.20% | −0.09 |
| ZS Zscaler Inc. | Reduce -40.1% | 0.05% | −0.08 |
| ADP Automatic Data Processing | Reduce -4.5% | 0.21% | −0.08 |
| RBLX Roblox Corp. Class A | Reduce -2.5% | 0.07% | −0.07 |
| APP AppLovin Corp. Class A | Reduce -8.2% | 0.21% | −0.07 |
| IBKR Interactive Brokers Gro Class A | Reduce -37.7% | 0.07% | −0.07 |
| VRSN Verisign Inc. | Reduce -39.0% | 0.06% | −0.06 |
| WAT Waters Corp. | Reduce -25.7% | 0.30% | −0.06 |
| KR Kroger Co. | Reduce -29.6% | 0.09% | −0.06 |
| ADM Archer-Daniels-Midland Co. | Reduce -42.9% | 0.06% | −0.06 |
| PTEN Patterson-Uti Energy Inc. | Sold out | 0.00% | −0.06 |
| EBAY eBay Inc. | Reduce -29.1% | 0.08% | −0.05 |
| VEEV Veeva Systems Inc. Class A | Reduce -5.0% | 0.08% | −0.05 |
| F Ford Motor Co. | Reduce -34.4% | 0.08% | −0.05 |
| AMT American Tower Corp. | Reduce -3.3% | 0.15% | −0.04 |
| TEAM Atlassian Corp. Class A | Reduce -44.4% | 0.04% | −0.04 |
| HUDSON PAC PPTYS INC | Sold out | 0.00% | −0.04 |
| IP International Paper Co. | Reduce -38.8% | 0.03% | −0.04 |
| EG Everest Group Ltd. | Reduce -41.3% | 0.04% | −0.04 |
| DE Deere & Co. | Reduce -7.8% | 0.17% | −0.04 |
| TOST Toast Inc. Class A | Reduce -36.4% | 0.04% | −0.03 |
| RDDT Reddit Inc. Class A | Reduce -29.8% | 0.05% | −0.03 |
| KHC The Kraft Heinz Co. | Reduce -14.3% | 0.08% | −0.03 |
| FFIV F5 Inc. | Reduce -15.9% | 0.04% | −0.03 |
| ISRG Intuitive Surgical Inc. | Reduce -16.0% | 0.35% | −0.02 |
| ZM Zoom Communications Inc. | Reduce -24.2% | 0.05% | −0.02 |
| INCY Incyte Corp. | Reduce -34.3% | 0.04% | −0.02 |
| K Kellanova | Sold out | 0.00% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| GOOGL Alphabet Inc. Class A | Add +21.3% | 2.61% | +0.71 |
| BKLN Invesco Senior Loan ETF | Add +39.4% | 3.65% | +0.68 |
| CRH CRH PLC | Add +543.8% | 0.57% | +0.47 |
| LLY Eli Lilly & Co. | Add +29.4% | 1.09% | +0.41 |
| GOOG Alphabet Inc. Class C | Add +7.1% | 2.27% | +0.39 |
| RY Royal Bank of Canada | Add +84.2% | 0.60% | +0.28 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +67.9% | 0.83% | +0.27 |
| MU Micron Technology Inc. | Add +89.9% | 0.38% | +0.25 |
| SHOP Shopify Inc. Class A | Add +70.3% | 0.55% | +0.21 |
| WMT Walmart Inc. | Add +59.1% | 0.60% | +0.20 |
| XOM Exxon Mobil Corp. | Add +58.2% | 0.61% | +0.20 |
| JNJ Johnson & Johnson | Add +49.2% | 0.62% | +0.20 |
| TD Toronto-Dominion Bank | Add +73.4% | 0.43% | +0.19 |
| AMD Advanced Micro Devices | Add +56.5% | 0.42% | +0.19 |
| COST Costco Wholesale Corp. | Add +69.6% | 0.48% | +0.13 |
| WFC Wells Fargo & Co. | Add +60.7% | 0.37% | +0.13 |
| TMO Thermo Fisher Scientific Inc. | Add +92.3% | 0.26% | +0.13 |
| LRCX Lam Research Corp. | Add +71.3% | 0.27% | +0.13 |
| RTX RTX Corp. | Add +71.8% | 0.32% | +0.13 |
| B Barrick Mining Corp. | Add +28.8% | 0.38% | +0.13 |
| BNS Bank of Nova Scotia | Add +55.7% | 0.29% | +0.11 |
| AMAT Applied Materials Inc. | Add +60.0% | 0.24% | +0.10 |
| BN Brookfield Corp. | Add +99.0% | 0.23% | +0.10 |
| CVX Chevron Corp. | Add +62.4% | 0.34% | +0.10 |
| CAT Caterpillar Inc. | Add +33.9% | 0.33% | +0.10 |
| CM Can Imperial BK of Commerce | Add +38.6% | 0.35% | +0.10 |
| BAC Bank of America Corp. | Add +34.4% | 0.46% | +0.09 |
| INTC Intel Corp. | Add +98.4% | 0.20% | +0.09 |
| ABT Abbott Laboratories | Add +90.8% | 0.26% | +0.09 |
| AMGN Amgen Inc. | Add +79.7% | 0.20% | +0.09 |
| IBM Intl Business Machines Corp. | Add +50.0% | 0.33% | +0.09 |
| AXP American Express Co. | Add +64.0% | 0.24% | +0.09 |
| BA The Boeing Co. | Add +99.2% | 0.20% | +0.09 |
| MS Morgan Stanley | Add +59.2% | 0.24% | +0.08 |
| ENB Enbridge Inc. | Add +67.7% | 0.29% | +0.08 |
| SPGI S&P Global Inc. | Add +83.2% | 0.19% | +0.08 |
| SCHW Schwab (charles) Corp. | Add +81.4% | 0.20% | +0.08 |
| CRM Salesforce Inc. | Add +42.5% | 0.28% | +0.08 |
| KLAC KLA Corp. | Add +73.5% | 0.19% | +0.08 |
| AEM Agnico Eagle Mines Ltd. | Add +84.2% | 0.20% | +0.08 |
| APH Amphenol Corp. Class A | Add +73.3% | 0.20% | +0.08 |
| DHR Danaher Corp. | Add +75.0% | 0.18% | +0.08 |
| INTU Intuit Inc. | Add +84.1% | 0.21% | +0.08 |
| BMO Bank of Montreal | Add +49.8% | 0.32% | +0.08 |
| CNQ Canadian Natural Resources | Add +102.8% | 0.16% | +0.07 |
| MFC Manulife Financial Corp. | Add +229.5% | 0.10% | +0.07 |
| CP Canadian Pacific Kansas City | Add +226.2% | 0.11% | +0.07 |
| MCD McDonald's Corp. | Add +46.4% | 0.30% | +0.07 |
| NEE Nextera Energy Inc. | Add +57.5% | 0.21% | +0.07 |
| UNP Union Pacific Corp. | Add +87.2% | 0.18% | +0.07 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 657 | $7.9B | NVDA, AAPL, MSFT, AMZN, BKLN |
| Q1 2026 | 664 | $7.8B | NVDA, AAPL, MSFT, AMZN, BKLN |
| Q4 2025 | 669 | $7.5B | NVDA, AAPL, MSFT, BKLN, AMZN |
| Q3 2025 | 639 | $6.6B | NVDA, AAPL, IVV, MSFT, CRWV |
| Q2 2025 | 646 | $6.9B | CRWV, NVDA, IVV, MSFT, AAPL |
| Q1 2025 | 662 | $4.9B | AAPL, IVV, CRWV, NVDA, MSFT |
| Q4 2024 | 361 | $3.0B | AAPL, NVDA, AMZN, BKLN, TSLA |
| Q3 2024 | 672 | $4.5B | AAPL, IVV, NVDA, MSFT, BKLN |
| Q2 2024 | 647 | $3.7B | AAPL, BKLN, NVDA, MSFT, IVV |
| Q1 2024 | 618 | $3.4B | BKLN, AAPL, IVV, MSFT, AMZN |