Sun Life Financial Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Sun Life Financial Inc. reported 38 stock positions worth $1.9 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 22.3% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 15.7%) and Vanguard S&P 500 ETF (VOO, 15.1%). Compared with Q3 2025, it opened 4 new positions, sold out of 2, added to 9 and reduced 16. The biggest buy was a new position in Aam Crescent Clo ETF (CLOC) and the biggest sale Digital Realty Trust (DLR, shares −96%).
- Most Recent 13F
- Q2 2026
- Location
- Toronto, A6
- CIK
- 0001097362
- Portfolio Value
- $1.9B (Q4 2025)
- SEC Filing
- 0001104659-26-013960 ↗ filed Feb 12, 2026
Holdings Value
Holdings 38 stocks · $1.9B
| SPY SS SPDR S&P 500 ETF Trust-US | 22.34% | 624,194 | $425.7M | Reduce -1.6% |
| IVV iShares Core S&P 500 ETF | 15.67% | 435,931 | $298.6M | Reduce -6.2% |
| VOO Vanguard S&P 500 ETF | 15.07% | 457,725 | $287.1M | Reduce -6.4% |
| SNPE Xtrckr S&P 500 Scor&scrn ETF | 12.64% | 3,857,067 | $240.9M | Add +13.1% |
| EWY iShares MSCI South Korea ETF | 7.44% | 1,458,978 | $141.8M | Reduce -6.6% |
| EWT iShares MSCI Taiwan ETF | 6.21% | 1,862,881 | $118.3M | Add +3.4% |
| QQQ Invesco QQQ Trust Series 1 | 3.87% | 119,980 | $73.7M | Reduce -23.4% |
| LODI Aam SLC Low Duration Inc. ETF | 2.65% | 2,000,000 | $50.5M | No change |
| CLOC Aam Crescent Clo ETF | 2.63% | 2,000,000 | $50.1M | New |
| XVV iShares ESG Select Screened | 2.28% | 823,040 | $43.4M | No change |
| EWS iShares MSCI Singapore ETF | 2.13% | 1,472,605 | $40.5M | Add +0.7% |
| CCAP Crescent Capital BDC Inc. | 1.64% | 2,226,308 | $31.3M | No change |
| INDA iShares MSCI India ETF | 0.97% | 341,900 | $18.5M | Add +8.8% |
| EIDO iShares MSCI Indonesia ETF | 0.71% | 725,660 | $13.6M | Add +269.6% |
| THD iShares MSCI Thailand ETF | 0.68% | 217,775 | $13.0M | Add +0.6% |
| ASHR Xtrackers Harvest Csi 300 CH | 0.57% | 330,900 | $10.9M | Add +66.9% |
| EWM iShares MSCI Malaysia ETF | 0.54% | 377,192 | $10.3M | New |
| EFA iShares MSCI Eafe ETF | 0.36% | 72,172 | $6.9M | Add +52.7% |
| EWJ iShares MSCI Japan ETF | 0.32% | 76,022 | $6.1M | Add +28.9% |
| SEAT Vivid Seats Inc. Class A | 0.17% | 445,640 | $3.2M | New |
| EWQ iShares MSCI France ETF | 0.14% | 58,910 | $2.6M | No change |
| EWU iShares MSCI United Kingdom | 0.12% | 51,240 | $2.3M | No change |
| VGIT Vanguard Intermediate-Term T | 0.09% | 27,650 | $1.7M | No change |
| VGSH Vanguard Short-Term Treasury | 0.08% | 26,450 | $1.6M | Reduce -39.2% |
| IEUR iShares Core MSCI Europe ETF | 0.08% | 21,300 | $1.5M | New |
| EQIX Equinix Inc. | 0.07% | 1,666 | $1.3M | Reduce -87.6% |
| EWW iShares MSCI Mexico ETF | 0.07% | 18,395 | $1.3M | Reduce -2.3% |
| DLR Digital Realty Trust Inc. | 0.07% | 8,136 | $1.3M | Reduce -96.2% |
| CPT Camden Property Trust | 0.06% | 9,594 | $1.1M | Reduce -94.0% |
| AVB Avalonbay Communities Inc. | 0.05% | 5,653 | $1.0M | Reduce -96.5% |
| SPG Simon Property Group Inc. | 0.05% | 5,478 | $1.0M | Reduce -90.7% |
| FR First Industrial Realty TR | 0.05% | 17,185 | $984K | Reduce -89.3% |
| PLD Prologis Inc. | 0.05% | 7,682 | $981K | Reduce -96.6% |
| BXP BXP Inc. | 0.05% | 14,004 | $945K | Reduce -88.3% |
| TLT iShares 20+ Year Treasury BD | 0.04% | 9,150 | $798K | No change |
| EWG iShares MSCI Germany ETF | 0.03% | 13,095 | $557K | No change |
| EPHE iShares MSCI Philippines ETF | 0.00% | 3,400 | $85K | Reduce -98.0% |
| BBGI Beasley Broadcast Grp Inc. Class A | 0.00% | 1,524 | $8K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $21K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SEATW Vivid Seats Inc. -CW26 | *W EXP 10/18/202 | 422,982 | $21K | New |
Total filed on the 13F, all lines: $1.9B.
Portfolio Sells Q3 2025 → Q4 2025
| DLR Digital Realty Trust Inc. | Reduce -96.2% | 0.07% | −1.82 |
| AVB Avalonbay Communities Inc. | Reduce -96.5% | 0.05% | −1.53 |
| PLD Prologis Inc. | Reduce -96.6% | 0.05% | −1.26 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -23.4% | 3.87% | −0.93 |
| CPT Camden Property Trust | Reduce -94.0% | 0.06% | −0.81 |
| SPG Simon Property Group Inc. | Reduce -90.7% | 0.05% | −0.51 |
| EQIX Equinix Inc. | Reduce -87.6% | 0.07% | −0.47 |
| BXP BXP Inc. | Reduce -88.3% | 0.05% | −0.41 |
| FR First Industrial Realty TR | Reduce -89.3% | 0.05% | −0.37 |
| REXR Rexford Industrial Realty Inc. | Sold out | 0.00% | −0.36 |
| EPHE iShares MSCI Philippines ETF | Reduce -98.0% | 0.00% | −0.21 |
| VOO Vanguard S&P 500 ETF | Reduce -6.4% | 15.07% | −0.20 |
| IVV iShares Core S&P 500 ETF | Reduce -6.2% | 15.67% | −0.18 |
| SGOV iShares 0-3 Month Treasury B | Sold out | 0.00% | −0.15 |
| VGSH Vanguard Short-Term Treasury | Reduce -39.2% | 0.08% | −0.05 |
| EWW iShares MSCI Mexico ETF | Reduce -2.3% | 0.07% | +0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.6% | 22.34% | +0.80 |
| EWY iShares MSCI South Korea ETF | Reduce -6.6% | 7.44% | +1.06 |
Portfolio Buys Q3 2025 → Q4 2025
| CLOC Aam Crescent Clo ETF | New | 2.63% | +2.63 |
| SNPE Xtrckr S&P 500 Scor&scrn ETF | Add +13.1% | 12.64% | +2.20 |
| EWM iShares MSCI Malaysia ETF | New | 0.54% | +0.54 |
| EIDO iShares MSCI Indonesia ETF | Add +269.6% | 0.71% | +0.54 |
| EWT iShares MSCI Taiwan ETF | Add +3.4% | 6.21% | +0.37 |
| ASHR Xtrackers Harvest Csi 300 CH | Add +66.9% | 0.57% | +0.24 |
| SEAT Vivid Seats Inc. Class A | New | 0.17% | +0.17 |
| EFA iShares MSCI Eafe ETF | Add +52.7% | 0.36% | +0.14 |
| INDA iShares MSCI India ETF | Add +8.8% | 0.97% | +0.14 |
| EWJ iShares MSCI Japan ETF | Add +28.9% | 0.32% | +0.08 |
| IEUR iShares Core MSCI Europe ETF | New | 0.08% | +0.08 |
| THD iShares MSCI Thailand ETF | Add +0.6% | 0.68% | +0.03 |
| EWS iShares MSCI Singapore ETF | Add +0.7% | 2.13% | +0.01 |
Notes & Other Activity Q3 2025 → Q4 2025
| SEATW Vivid Seats Inc. -CW26 | *W EXP 10/18/202 | New | 422,982 | $21K |
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 | 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 |