Sun Life Financial Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 8, 2025), Sun Life Financial Inc. reported 33 stock positions worth $1.6 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 22.6% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 16.5%) and Vanguard S&P 500 ETF (VOO, 16.1%). Compared with Q4 2024, it opened 2 new positions, sold out of 4, added to 4 and reduced 13. The biggest buy was iShares MSCI South Korea ETF (EWY, shares +22%) and the biggest sale an exit from iShares 1-5Y Inv Grade (IGSB).
- Most Recent 13F
- Q2 2026
- Location
- Toronto, A6
- CIK
- 0001097362
- Portfolio Value
- $1.6B (Q1 2025)
- SEC Filing
- 0001104659-25-046220 ↗ filed May 8, 2025
Holdings Value
Holdings 33 stocks · $1.6B
| SPY SS SPDR S&P 500 ETF Trust-US | 22.61% | 638,529 | $357.2M | Reduce -0.9% |
| IVV iShares Core S&P 500 ETF | 16.52% | 464,479 | $261.0M | Reduce -11.9% |
| VOO Vanguard S&P 500 ETF | 16.10% | 495,084 | $254.4M | Reduce -11.3% |
| EWT iShares MSCI Taiwan ETF | 5.76% | 1,917,150 | $91.0M | Reduce -5.3% |
| EWY iShares MSCI South Korea ETF | 5.30% | 1,549,773 | $83.8M | Add +21.9% |
| QQQ Invesco QQQ Trust Series 1 | 4.83% | 162,840 | $76.4M | Reduce -0.7% |
| BKLN Invesco Senior Loan ETF | 3.33% | 2,545,000 | $52.7M | Add +18.6% |
| LODI Aam SLC Low Duration Inc. ETF | 3.17% | 2,000,000 | $50.1M | No change |
| CCAP Crescent Capital BDC Inc. | 2.41% | 2,226,308 | $38.1M | No change |
| EWS iShares MSCI Singapore ETF | 2.30% | 1,530,100 | $36.4M | Add +0.5% |
| XVV iShares ESG Select Screened | 2.23% | 823,040 | $35.2M | No change |
| AVB Avalonbay Communities Inc. | 2.04% | 150,427 | $32.3M | No change |
| DLR Digital Realty Trust Inc. | 1.94% | 213,509 | $30.6M | Add +4.9% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 1.59% | 490,800 | $25.1M | New |
| PLD Prologis Inc. | 1.56% | 220,524 | $24.7M | No change |
| MCW Mister Car Wash Inc. | 1.45% | 2,894,938 | $22.8M | Reduce -23.8% |
| CPT Camden Property Trust | 1.23% | 159,528 | $19.5M | No change |
| INDA iShares MSCI India ETF | 1.00% | 306,100 | $15.8M | No change |
| EIDO iShares MSCI Indonesia ETF | 0.75% | 725,000 | $11.8M | Reduce -6.4% |
| SPG Simon Property Group Inc. | 0.62% | 59,145 | $9.8M | No change |
| EWJV iShares MSCI Japan Value ETF | 0.61% | 290,700 | $9.7M | New |
| EQIX Equinix Inc. | 0.58% | 11,256 | $9.2M | No change |
| FR First Industrial Realty TR | 0.52% | 151,376 | $8.2M | No change |
| BXP BXP Inc. | 0.51% | 120,239 | $8.1M | No change |
| REXR Rexford Industrial Realty Inc. | 0.40% | 160,448 | $6.3M | No change |
| EWJ iShares MSCI Japan ETF | 0.25% | 57,182 | $3.9M | Reduce -28.8% |
| EWQ iShares MSCI France ETF | 0.14% | 56,950 | $2.3M | Reduce -1.4% |
| EWU iShares MSCI United Kingdom | 0.13% | 55,365 | $2.1M | Reduce -79.8% |
| EWW iShares MSCI Mexico ETF | 0.04% | 13,775 | $702K | Reduce -3.0% |
| EWG iShares MSCI Germany ETF | 0.03% | 14,895 | $552K | Reduce -3.4% |
| EAF Graftech International Ltd. | 0.02% | 841,528 | $285K | No change |
| EFA iShares MSCI Eafe ETF | 0.01% | 1,062 | $87K | Reduce -98.3% |
| BBGI Beasley Broadcast Grp Inc. Class A | 0.00% | 1,524 | $8K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| IGSB iShares 1-5Y Inv Grade Corp. | Sold out | 0.00% | −4.35 |
| IVV iShares Core S&P 500 ETF | Reduce -11.9% | 16.52% | −0.78 |
| EWM iShares MSCI Malaysia ETF | Sold out | 0.00% | −0.71 |
| VOO Vanguard S&P 500 ETF | Reduce -11.3% | 16.10% | −0.68 |
| THD iShares MSCI Thailand ETF | Sold out | 0.00% | −0.61 |
| EWU iShares MSCI United Kingdom | Reduce -79.8% | 0.13% | −0.39 |
| EPHE iShares MSCI Philippines ETF | Sold out | 0.00% | −0.27 |
| EFA iShares MSCI Eafe ETF | Reduce -98.3% | 0.01% | −0.25 |
| MCW Mister Car Wash Inc. | Reduce -23.8% | 1.45% | −0.10 |
| EWT iShares MSCI Taiwan ETF | Reduce -5.3% | 5.76% | −0.08 |
| EWJ iShares MSCI Japan ETF | Reduce -28.8% | 0.25% | −0.05 |
| EIDO iShares MSCI Indonesia ETF | Reduce -6.4% | 0.75% | −0.05 |
| EWW iShares MSCI Mexico ETF | Reduce -3.0% | 0.04% | +0.01 |
| EWG iShares MSCI Germany ETF | Reduce -3.4% | 0.03% | +0.01 |
| EWQ iShares MSCI France ETF | Reduce -1.4% | 0.14% | +0.03 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.7% | 4.83% | +0.16 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.9% | 22.61% | +1.55 |
Portfolio Buys Q4 2024 → Q1 2025
| EWY iShares MSCI South Korea ETF | Add +21.9% | 5.30% | +1.69 |
| SPMD SS SPDR P S&P 400 Midcap ETF | New | 1.59% | +1.59 |
| BKLN Invesco Senior Loan ETF | Add +18.6% | 3.33% | +0.81 |
| EWJV iShares MSCI Japan Value ETF | New | 0.61% | +0.61 |
| EWS iShares MSCI Singapore ETF | Add +0.5% | 2.30% | +0.45 |
| DLR Digital Realty Trust Inc. | Add +4.9% | 1.94% | −0.08 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 44 | $2.0B | SPY, SNPE, IVV, VOO, EWT |
| Q1 2026 | 44 | $1.8B | SPY, IVV, SNPE, VOO, EWT |
| Q4 2025 | 38 | $1.9B | SPY, IVV, VOO, SNPE, EWY |
| Q3 2025 | 36 | $2.0B | SPY, IVV, VOO, SNPE, EWY |
| Q2 2025 | 37 | $1.8B | SPY, IVV, VOO, SNPE, EWY |
| Q1 2025 | 33 | $1.6B | SPY, IVV, VOO, EWT, EWY |
| Q4 2024 | 35 | $1.8B | SPY, IVV, VOO, EWT, QQQ |
| Q3 2024 | 33 | $1.8B | SPY, IVV, VOO, EWT, EWY |
| Q2 2024 | 29 | $1.7B | SPY, IVV, VOO, EWT, EWY |
| Q1 2024 | 32 | $1.6B | SPY, IVV, VOO, EWT, QQQ |