Public Sector Pension Investment Board
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Public Sector Pension Investment Board reported 1,224 stock positions worth $18.5 billion. Its top holding was Microsoft (MSFT) at 5.9% of the portfolio, followed by Apple (AAPL, 5.1%) and Nvidia (NVDA, 4.0%). Compared with Q2 2024, it opened 34 new positions, sold out of 38, added to 554 and reduced 589. The biggest buy was Comcast Class A (CMCSA, shares +530%) and the biggest sale JPMorgan Chase (JPM, shares −37%).
- Most Recent 13F
- Q2 2026
- Location
- MONTREAL, A8
- CIK
- 0001396318
- Portfolio Value
- $18.5B (Q3 2024)
- SEC Filing
- 0000950123-24-011472 ↗ filed Nov 14, 2024
Holdings Value
Holdings 1,224 stocks · $18.5B
| MSFT Microsoft Corp. | 5.94% | 2,557,011 | $1.1B | Add +17.5% |
| AAPL Apple Inc. | 5.13% | 4,080,886 | $950.8M | Add +15.8% |
| NVDA Nvidia Corp. | 4.03% | 6,143,850 | $746.1M | Add +9.2% |
| AMZN Amazon.com Inc. | 2.37% | 2,357,819 | $439.3M | Add +17.3% |
| LLY Eli Lilly & Co. | 2.02% | 422,675 | $374.5M | Add +16.9% |
| GOOGL Alphabet Inc. Class A | 1.73% | 1,932,970 | $320.6M | Reduce -11.4% |
| AVGO Broadcom Inc. | 1.68% | 1,808,430 | $312.0M | Reduce -25.3% |
| META Meta Platforms Inc. Class A | 1.61% | 521,043 | $298.3M | Add +2.0% |
| UNH Unitedhealth Group Inc. | 1.54% | 488,887 | $285.8M | Add +11.9% |
| VCSH Vanguard S/T Corp. Bond ETF | 1.39% | 3,250,000 | $258.1M | No change |
| PG The Procter & Gamble Co. | 1.31% | 1,402,085 | $242.8M | Add +21.9% |
| TSAT Telesat Corp. | 1.31% | 18,211,203 | $242.8M | No change |
| ES Eversource Energy | 1.24% | 3,387,881 | $230.5M | Add +0.1% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM | 1.23% | 3,713,539 | $228.0M | Add +32.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.19% | 477,639 | $219.8M | Add +40.5% |
| JPM JPMorgan Chase & Co. | 1.13% | 996,587 | $210.1M | Reduce -36.9% |
| ABBV Abbvie Inc. | 1.12% | 1,047,674 | $206.9M | Add +66.4% |
| UNP Union Pacific Corp. | 1.00% | 754,322 | $185.9M | Add +13.3% |
| ETN Eaton Corp. PLC | 0.83% | 465,065 | $154.1M | Add +11.2% |
| FTS Fortis Inc. | 0.83% | 3,372,362 | $153.4M | No change |
| V Visa Inc. Class A | 0.81% | 545,739 | $150.1M | Add +5.0% |
| TMO Thermo Fisher Scientific Inc. | 0.80% | 239,811 | $148.3M | Add +42.2% |
| TMUS T-Mobile US Inc. | 0.79% | 710,387 | $146.6M | Add +38.9% |
| LOW Lowe's Cos Inc. | 0.78% | 532,194 | $144.1M | Add +11.1% |
| CMCSA Comcast Corp. Class A | 0.77% | 3,429,298 | $143.2M | Add +530.5% |
| XLF SS Financial Select Sector | 0.75% | 3,080,000 | $139.6M | Add +23.2% |
| AVA Avista Corp. | 0.74% | 3,546,460 | $137.4M | Reduce -0.1% |
| MRK Merck & Co. Inc. | 0.73% | 1,184,291 | $134.5M | Add +48.3% |
| VCIT Vanguard Int-Term Corporate | 0.72% | 1,600,000 | $134.0M | No change |
| XOM Exxon Mobil Corp. | 0.70% | 1,099,637 | $128.9M | Reduce -0.5% |
| CRM Salesforce Inc. | 0.68% | 461,207 | $126.2M | Add +1.0% |
| PH Parker Hannifin Corp. | 0.64% | 188,471 | $119.1M | Reduce -3.3% |
| WMT Walmart Inc. | 0.63% | 1,453,738 | $117.4M | Add +1.8% |
| MA Mastercard Inc. Class A | 0.61% | 230,216 | $113.7M | Add +92.0% |
| WFC Wells Fargo & Co. | 0.60% | 1,981,130 | $111.9M | Add +81.6% |
| PM Philip Morris International | 0.60% | 911,732 | $110.7M | Add +776.4% |
| KLAC KLA Corp. | 0.59% | 140,453 | $108.8M | Add +12.6% |
| AXP American Express Co. | 0.56% | 384,003 | $104.1M | Add +50.4% |
| ARMK Aramark | 0.56% | 2,686,000 | $104.0M | No change |
| CMI Cummins Inc. | 0.53% | 304,002 | $98.4M | Add +14.5% |
| MLM Martin Marietta Materials | 0.53% | 181,373 | $97.6M | Add +7608.2% |
| CL Colgate-Palmolive Co. | 0.53% | 938,626 | $97.4M | Add +144.7% |
| ROST Ross Stores Inc. | 0.51% | 629,744 | $94.8M | Add +4787.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.50% | 2,330,291 | $92.5M | Add +1.1% |
| ORCL Oracle Corp. | 0.50% | 542,174 | $92.4M | Add +62.3% |
| TSLA Tesla Inc. | 0.49% | 344,463 | $90.1M | Add +65.5% |
| MDLZ Mondelez International Inc. Class A | 0.49% | 1,223,178 | $90.1M | Add +48.4% |
| NSC Norfolk Southern Corp. | 0.48% | 355,152 | $88.3M | Add +1840.0% |
| SNPS Synopsys Inc. | 0.47% | 171,923 | $87.1M | Add +48.7% |
| JNJ Johnson & Johnson | 0.46% | 524,839 | $85.1M | Add +470.2% |
| ISRG Intuitive Surgical Inc. | 0.46% | 172,373 | $84.7M | Add +8.3% |
| PWR Quanta Services Inc. | 0.45% | 279,089 | $83.2M | Add +81.8% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.41% | 73,466 | $76.3M | Reduce -17.6% |
| BSX Boston Scientific Corp. | 0.41% | 908,647 | $76.1M | Add +3.1% |
| SYK Stryker Corp. | 0.41% | 207,889 | $75.1M | Add +1552.7% |
| GDDY GoDaddy Inc. Class A | 0.39% | 457,895 | $71.8M | No change |
| DOW Dow Inc. | 0.38% | 1,300,107 | $71.0M | Add +12.3% |
| T AT&T Inc. | 0.38% | 3,201,214 | $70.4M | Add +1.1% |
| HLT Hilton Worldwide Holdings Inc. | 0.38% | 302,194 | $69.7M | Reduce -28.1% |
| UBER Uber Technologies Inc. | 0.38% | 926,308 | $69.6M | Add +1.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.37% | 395,732 | $68.7M | No change |
| HD Home Depot Inc. | 0.37% | 168,139 | $68.1M | Add +342.0% |
| CEG Constellation Energy | 0.36% | 254,630 | $66.2M | Add +376.6% |
| UBS UBS Group AG-Reg | 0.36% | 2,136,398 | $66.0M | Add +17.8% |
| GE General Electric filed as GE AEROSPACE | 0.35% | 345,886 | $65.2M | Add +719.9% |
| CDW CDW Corp. | 0.33% | 270,829 | $61.3M | Add +0.2% |
| SPGI S&P Global Inc. | 0.32% | 115,714 | $59.8M | Add +113.0% |
| QBTS D-Wave Quantum Inc. | 0.32% | 59,431,311 | $58.4M | No change |
| AMAT Applied Materials Inc. | 0.30% | 278,993 | $56.4M | Add +774.8% |
| MU Micron Technology Inc. | 0.30% | 535,283 | $55.5M | Add +1157.0% |
| AMT American Tower Corp. | 0.30% | 235,531 | $54.8M | Add +263.0% |
| VST Vistra Corp. | 0.29% | 460,072 | $54.5M | Add +730.9% |
| LYV Live Nation Entertainment Inc. | 0.29% | 488,866 | $53.5M | Add +0.7% |
| C Citigroup Inc. | 0.29% | 851,929 | $53.3M | Add +33.9% |
| LMT Lockheed Martin Corp. | 0.28% | 88,747 | $51.9M | Add +1031.0% |
| FDX FedEx Corp. | 0.28% | 188,106 | $51.5M | Reduce -38.8% |
| INTU Intuit Inc. | 0.28% | 82,217 | $51.1M | Add +667.2% |
| PFE Pfizer Inc. | 0.27% | 1,705,865 | $49.4M | Add +107.9% |
| MCHP Microchip Technology Inc. | 0.26% | 611,121 | $49.1M | Add +0.4% |
| COST Costco Wholesale Corp. | 0.25% | 52,313 | $46.4M | Add +11.3% |
| PDD PDD Holdings Inc. | 0.25% | 343,994 | $46.4M | Add +6.9% |
| SPOT Spotify Technology SA | 0.24% | 120,000 | $44.2M | No change |
| KDP Keurig Dr Pepper Inc. | 0.24% | 1,171,557 | $43.9M | Add +39.6% |
| SBUX Starbucks Corp. | 0.24% | 449,433 | $43.8M | Add +930.0% |
| CVX Chevron Corp. | 0.24% | 296,833 | $43.7M | Reduce -0.5% |
| ABT Abbott Laboratories | 0.23% | 375,779 | $42.8M | Reduce -41.0% |
| GOOG Alphabet Inc. Class C | 0.23% | 256,121 | $42.8M | Add +60.8% |
| PNC PNC Financial Services Group | 0.22% | 219,109 | $40.5M | Add +0.7% |
| LRCX Lam Research Corp. | 0.21% | 48,690 | $39.7M | Add +875.8% |
| ALV Autoliv Inc. | 0.20% | 402,004 | $37.5M | Reduce -58.6% |
| DPZ Domino's Pizza Inc. | 0.20% | 84,076 | $36.2M | Reduce -46.2% |
| ZTS Zoetis Inc. | 0.19% | 180,981 | $35.4M | Add +947.3% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.19% | 2,531,400 | $34.6M | New |
| ROP Roper Technologies Inc. | 0.19% | 61,709 | $34.3M | Add +1.0% |
| BAP Credicorp Ltd. | 0.18% | 189,083 | $34.2M | Reduce -0.4% |
| KVUE Kenvue Inc. | 0.18% | 1,415,737 | $32.7M | Add +1822.6% |
| KMB Kimberly-Clark Corp. | 0.17% | 221,828 | $31.6M | Add +1615.9% |
| RACE Ferrari NV | 0.17% | 65,365 | $30.6M | Add +23.4% |
| NEE Nextera Energy Inc. | 0.16% | 358,640 | $30.3M | Add +2.9% |
| INTC Intel Corp. | 0.16% | 1,292,089 | $30.3M | Add +6.5% |
Options reported separately and not counted above: DLTR puts ($21.3M), CRWD calls ($7.0M), NBR calls ($280K), OABI calls ($94K).
Portfolio Sells Q2 2024 → Q3 2024
| JPM JPMorgan Chase & Co. | Reduce -36.9% | 1.13% | −0.90 |
| GOOGL Alphabet Inc. Class A | Reduce -11.4% | 1.73% | −0.79 |
| AVGO Broadcom Inc. | Reduce -25.3% | 1.68% | −0.78 |
| SLB SLB Ltd. | Reduce -87.0% | 0.06% | −0.51 |
| ALV Autoliv Inc. | Reduce -58.6% | 0.20% | −0.46 |
| TJX TJX Companies Inc. | Reduce -91.7% | 0.03% | −0.39 |
| AVTR Avantor Inc. | Sold out | 0.00% | −0.38 |
| CCEP Coca-Cola Europacific Partne | Reduce -87.9% | 0.05% | −0.36 |
| MNST Monster Beverage Corp. | Reduce -97.5% | 0.01% | −0.32 |
| DKS Dick's Sporting Goods Inc. | Sold out | 0.00% | −0.32 |
| CB Chubb Ltd. | Reduce -74.9% | 0.10% | −0.32 |
| DPZ Domino's Pizza Inc. | Reduce -46.2% | 0.20% | −0.32 |
| AVY Avery Dennison Corp. | Reduce -98.5% | 0.00% | −0.31 |
| FDX FedEx Corp. | Reduce -38.8% | 0.28% | −0.31 |
| QSR Restaurant Brands Intern | Sold out | 0.00% | −0.27 |
| NTR Nutrien Ltd. | Sold out | 0.00% | −0.24 |
| APTV Aptiv Irish Holdings Ltd. | Reduce -97.9% | 0.00% | −0.23 |
| ULTA Ulta Beauty Inc. | Reduce -97.6% | 0.00% | −0.21 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -28.1% | 0.38% | −0.21 |
| SMCI Super Micro Computer Inc. | Reduce -94.9% | 0.00% | −0.19 |
| ABT Abbott Laboratories | Reduce -41.0% | 0.23% | −0.19 |
| LNG Cheniere Energy Inc. | Reduce -65.8% | 0.08% | −0.18 |
| CTAS Cintas Corp. | Reduce -92.7% | 0.01% | −0.17 |
| CME Cme Group Inc. | Reduce -67.7% | 0.07% | −0.17 |
| ICE Intercontinental Exchange Inc. | Reduce -64.3% | 0.09% | −0.16 |
| DLTR Dollar Tree Inc. | Reduce -96.3% | 0.00% | −0.15 |
| MET Metlife Inc. | Reduce -76.3% | 0.05% | −0.15 |
| BNY Bank of New York Mellon Corp. | Reduce -58.2% | 0.10% | −0.14 |
| ANF Abercrombie & Fitch Co. Class A | Sold out | 0.00% | −0.13 |
| FN Fabrinet | Sold out | 0.00% | −0.12 |
| OTIS Otis Worldwide Corp. | Reduce -91.5% | 0.01% | −0.11 |
| XOM Exxon Mobil Corp. | Reduce -0.5% | 0.70% | −0.11 |
| BKNG Booking Holdings Inc. | Reduce -75.5% | 0.03% | −0.11 |
| XRAY Dentsply Sirona Inc. | Sold out | 0.00% | −0.11 |
| GWW WW Grainger Inc. | Reduce -17.6% | 0.41% | −0.10 |
| ENSG The Ensign Group Inc. | Sold out | 0.00% | −0.10 |
| FLUT Flutter Entertainment PLC-Di | Sold out | 0.00% | −0.09 |
| WIRE Encore Wire Corp. | Sold out | 0.00% | −0.06 |
| CVX Chevron Corp. | Reduce -0.5% | 0.24% | −0.06 |
| L Loews Corp. | Reduce -76.0% | 0.01% | −0.05 |
| FIS Fidelity National Info Serv | Reduce -79.1% | 0.01% | −0.04 |
| AVA Avista Corp. | Reduce -0.1% | 0.74% | −0.04 |
| SIX Six Flags Entertainment Corp. | Sold out | 0.00% | −0.03 |
| COP Conocophillips | Reduce -0.4% | 0.12% | −0.03 |
| PARR Par Pacific Holdings Inc. | Reduce -17.3% | 0.03% | −0.03 |
| HES Hess Corp. | Reduce -30.3% | 0.04% | −0.03 |
| SRE Sempra | Reduce -31.9% | 0.05% | −0.03 |
| AAP Advance Auto Parts Inc. | Reduce -3.5% | 0.03% | −0.03 |
| ACLS Axcelis Technologies Inc. | Reduce -3.4% | 0.04% | −0.03 |
| TDW Tidewater Inc. | Reduce -4.1% | 0.04% | −0.02 |
Portfolio Buys Q2 2024 → Q3 2024
| CMCSA Comcast Corp. Class A | Add +530.5% | 0.77% | +0.64 |
| PM Philip Morris International | Add +776.4% | 0.60% | +0.53 |
| MLM Martin Marietta Materials | Add +7608.2% | 0.53% | +0.52 |
| ROST Ross Stores Inc. | Add +4787.8% | 0.51% | +0.50 |
| NSC Norfolk Southern Corp. | Add +1840.0% | 0.48% | +0.45 |
| ABBV Abbvie Inc. | Add +66.4% | 1.12% | +0.43 |
| AAPL Apple Inc. | Add +15.8% | 5.13% | +0.42 |
| CM Can Imperial BK of Commerce | Add +32.0% | 1.23% | +0.38 |
| SYK Stryker Corp. | Add +1552.7% | 0.41% | +0.38 |
| JNJ Johnson & Johnson | Add +470.2% | 0.46% | +0.37 |
| GE General Electric | Add +719.9% | 0.35% | +0.31 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +40.5% | 1.19% | +0.31 |
| CL Colgate-Palmolive Co. | Add +144.7% | 0.53% | +0.29 |
| CEG Constellation Energy | Add +376.6% | 0.36% | +0.29 |
| HD Home Depot Inc. | Add +342.0% | 0.37% | +0.28 |
| MA Mastercard Inc. Class A | Add +92.0% | 0.61% | +0.28 |
| MU Micron Technology Inc. | Add +1157.0% | 0.30% | +0.26 |
| VST Vistra Corp. | Add +730.9% | 0.29% | +0.26 |
| LMT Lockheed Martin Corp. | Add +1031.0% | 0.28% | +0.26 |
| AMAT Applied Materials Inc. | Add +774.8% | 0.30% | +0.26 |
| INTU Intuit Inc. | Add +667.2% | 0.28% | +0.23 |
| TSLA Tesla Inc. | Add +65.5% | 0.49% | +0.23 |
| TMUS T-Mobile US Inc. | Add +38.9% | 0.79% | +0.22 |
| AMT American Tower Corp. | Add +263.0% | 0.30% | +0.22 |
| SBUX Starbucks Corp. | Add +930.0% | 0.24% | +0.21 |
| TMO Thermo Fisher Scientific Inc. | Add +42.2% | 0.80% | +0.21 |
| PWR Quanta Services Inc. | Add +81.8% | 0.45% | +0.20 |
| ORCL Oracle Corp. | Add +62.3% | 0.50% | +0.20 |
| WFC Wells Fargo & Co. | Add +81.6% | 0.60% | +0.19 |
| AXP American Express Co. | Add +50.4% | 0.56% | +0.19 |
| NU Nu Holdings Ltd./Cayman Isl-A | New | 0.19% | +0.19 |
| LRCX Lam Research Corp. | Add +875.8% | 0.21% | +0.18 |
| ZTS Zoetis Inc. | Add +947.3% | 0.19% | +0.17 |
| SPGI S&P Global Inc. | Add +113.0% | 0.32% | +0.17 |
| KVUE Kenvue Inc. | Add +1822.6% | 0.18% | +0.17 |
| KMB Kimberly-Clark Corp. | Add +1615.9% | 0.17% | +0.16 |
| MDLZ Mondelez International Inc. Class A | Add +48.4% | 0.49% | +0.14 |
| UNH Unitedhealth Group Inc. | Add +11.9% | 1.54% | +0.13 |
| SYY Sysco Corp. | Add +1543.2% | 0.13% | +0.12 |
| PFE Pfizer Inc. | Add +107.9% | 0.27% | +0.12 |
| GDXJ Vaneck Junior Gold Miners | New | 0.12% | +0.12 |
| LOW Lowe's Cos Inc. | Add +11.1% | 0.78% | +0.11 |
| PG The Procter & Gamble Co. | Add +21.9% | 1.31% | +0.11 |
| XLF SS Financial Select Sector | Add +23.2% | 0.75% | +0.10 |
| MRK Merck & Co. Inc. | Add +48.3% | 0.73% | +0.10 |
| NXPI NXP Semiconductors NV | Add +804.1% | 0.11% | +0.10 |
| GEHC GE Healthcare Technology | Add +1221.3% | 0.10% | +0.09 |
| FUN Six Flags Entertainment Corp. | New | 0.09% | +0.09 |
| MRVL Marvell Technology Inc. | New | 0.08% | +0.08 |
| MPWR Monolithic Power Systems Inc. | Add +806.8% | 0.09% | +0.08 |
Options Activity Q2 2024 → Q3 2024
| USFD US Foods Holding Corp. | put | Sold out | 2,500,000 | $132.4Mbefore exit |
| DLTR Dollar Tree Inc. | put | Reduce -69.7% | 303,000 | $21.3M |
| CRWD CrowdStrike Holdings Inc. Class A | call | New | 25,000 | $7.0M |
| IP International Paper Co. | call | Sold out | 73,500 | $3.2Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 1,324 | $38.1B | NVDA, AAPL, MSFT, GOOGL, TSAT |
| Q1 2026 | 1,325 | $32.1B | NVDA, MSFT, AAPL, GOOGL, AMZN |
| Q4 2025 | 1,339 | $29.7B | MSFT, NVDA, GOOGL, AAPL, AMZN |
| Q3 2025 | 1,259 | $27.2B | MSFT, NVDA, AAPL, META, AMZN |
| Q2 2025 | 1,230 | $23.4B | MSFT, NVDA, AAPL, AMZN, AVGO |
| Q1 2025 | 1,236 | $23.1B | MSFT, AAPL, NVDA, AMZN, META |
| Q4 2024 | 1,223 | $23.7B | NVDA, AAPL, MSFT, AMZN, AVGO |
| Q3 2024 | 1,224 | $18.5B | MSFT, AAPL, NVDA, AMZN, LLY |
| Q2 2024 | 1,228 | $15.7B | MSFT, AAPL, NVDA, GOOGL, AVGO |
| Q1 2024 | 1,219 | $13.8B | MSFT, NVDA, AAPL, LLY, AMZN |