CIBC Asset Management Inc
Reported US equity positions for Q1 2026 — $40.9B across 1,371 positions.
| Holding | Reported value | Share of portfolio | Shares |
|---|---|---|---|
| RY Royal Bank Of Canada | $1.7B | 4.1% | 10,477,058 |
| NVDA NVIDIA Corporation | $1.5B | 3.7% | 8,631,420 |
| AAPL Apple Inc. | $1.3B | 3.2% | 5,222,142 |
| TD The Toronto Dominion Bank | $1.1B | 2.7% | 11,954,710 |
| MSFT Microsoft Corporation | $1.0B | 2.5% | 2,755,893 |
| BMO Bank Of Montreal | $920.5M | 2.2% | 6,780,318 |
| AEM Agnico Eagle Mines Limited | $884.9M | 2.2% | 4,358,701 |
| B Barrick Mining Corporation | $859.7M | 2.1% | 21,025,752 |
| CM Canadian Imperial Bank of Commerce | $802.4M | 2.0% | 8,493,467 |
| ENB Enbridge Inc | $786.7M | 1.9% | 14,527,566 |
| CRC California Resources Corporation | $766.4M | 1.9% | 15,698,709 |
| SU Suncor Energy Inc. | $756.8M | 1.8% | 11,430,855 |
| AMZN Amazon.com, Inc. | $745.1M | 1.8% | 3,578,480 |
| GOOGL Alphabet Inc. | $628.1M | 1.5% | 2,184,209 |
| BNS Bank Nova Scotia Halifax Pfd 3 Ordinary Shares | $611.5M | 1.5% | 8,793,875 |
| TRP TC Energy Corporation | $581.7M | 1.4% | 9,298,849 |
| BN Brookfield Corporation Class A Limited Voting Shares | $571.0M | 1.4% | 14,102,004 |
| AVGO Broadcom Inc. | $568.1M | 1.4% | 1,835,891 |
| VOO Vanguard S&P 500 ETF | $564.5M | 1.4% | 944,624 |
| CP Canadian Pacific Kansas City Limited | $521.5M | 1.3% | 6,612,973 |
| GOOG Alphabet Inc. - Class C Capital Stock | $517.5M | 1.3% | 1,804,677 |
| SHOP Shopify Inc. - Class A Subordinate Voting Shares | $511.1M | 1.2% | 4,305,479 |
| META Meta Platforms, Inc. | $494.4M | 1.2% | 864,063 |
| MFC Manulife Financial Corporation | $487.7M | 1.2% | 14,114,546 |
| CVE Cenovus Energy Inc | $441.2M | 1.1% | 16,630,605 |
| TSLA Tesla, Inc. | $420.4M | 1.0% | 1,131,012 |
| KGC Kinross Gold Corporation | $409.9M | 1.0% | 13,410,587 |
| CCO Clear Channel Outdoor Holdings, Inc. | $392.4M | 1.0% | 3,604,281 |
| CNR Core Natural Resources, Inc. | $377.1M | 0.9% | 3,668,641 |
| WPM Wheaton Precious Metals Corp Common Shares (Canada) | $364.9M | 0.9% | 2,772,609 |
| VEU Vanguard FTSE All World Ex US ETF | $364.8M | 0.9% | 4,857,276 |
| TECK Teck Resources Ltd Ordinary Shares | $347.9M | 0.9% | 6,700,441 |
| WMT Walmart Inc. | $281.9M | 0.7% | 2,268,265 |
| AGI Alamos Gold Inc. Class A | $280.0M | 0.7% | 6,271,604 |
| LLY Eli Lilly and Company | $278.1M | 0.7% | 302,417 |
| GFL GFL Environmental Inc. Subordinate voting shares, no par value | $255.5M | 0.6% | 6,134,116 |
| PPL PPL Corporation | $253.1M | 0.6% | 5,666,553 |
| JPM JP Morgan Chase & Co. | $249.5M | 0.6% | 848,457 |
| G16252101 Brookfield Infrastructure Pa | $242.0M | 0.6% | 6,728,646 |
| XOM ExxonMobil Holdings Corporation | $239.0M | 0.6% | 1,408,960 |
| BAM Brookfield Asset Management Inc Class A Limited Voting Shares | $235.4M | 0.6% | 5,283,210 |
| BRK.B Berkshire Hathaway Inc. | $227.8M | 0.6% | 475,501 |
| JNJ Johnson & Johnson | $219.2M | 0.5% | 896,826 |
| HBM Hudbay Minerals Inc. Ordinary Shares (Canada) | $214.1M | 0.5% | 10,235,345 |
| NFLX Netflix, Inc. | $208.7M | 0.5% | 2,171,018 |
| COST Costco Wholesale Corporation | $208.0M | 0.5% | 208,776 |
| T AT&T Inc. | $200.5M | 0.5% | 15,614,030 |
| MU Micron Technology, Inc. | $179.0M | 0.4% | 529,847 |
| V Visa Inc. | $173.7M | 0.4% | 575,080 |
| AMD Advanced Micro Devices, Inc. | $160.2M | 0.4% | 787,604 |
| PLTR Palantir Technologies Inc. | $158.7M | 0.4% | 1,084,652 |
| WCN Waste Connections, Inc. | $158.2M | 0.4% | 972,081 |
| ABBV AbbVie Inc. | $152.3M | 0.4% | 700,182 |
| FNV Franco-Nevada Corporation | $150.3M | 0.4% | 607,840 |
| FTS Fortis Inc. | $147.1M | 0.4% | 2,638,464 |
| CLS Celestica, Inc. | $146.8M | 0.4% | 520,916 |
| G54950103 Linde PLC | $142.1M | 0.3% | 286,774 |
| BYD Boyd Gaming Corporation | $136.3M | 0.3% | 1,069,075 |
| AMGN Amgen Inc. | $134.3M | 0.3% | 381,697 |
| CSCO Cisco Systems, Inc. | $134.2M | 0.3% | 1,729,599 |
Long US equity positions only, as filed. 13F does not cover short positions, cash, bonds or non-US listings, so this is not the whole portfolio.
What changed last quarter
| Holding | Change | Now | Was | Shares |
|---|---|---|---|---|
| RY Royal Bank Of Canada | Trim | $1.7B | $1.9B | -3% |
| TD The Toronto Dominion Bank | Trim | $1.1B | $1.3B | -16% |
| BMO Bank Of Montreal | Add | $920.5M | $814.5M | +9% |
| AEM Agnico Eagle Mines Limited | Trim | $884.9M | $822.8M | -10% |
| B Barrick Mining Corporation | Add | $859.7M | $870.0M | +6% |
| CM Canadian Imperial Bank of Commerce | Trim | $802.4M | $876.2M | -12% |
| ENB Enbridge Inc | Add | $786.7M | $666.7M | +5% |
| CRC California Resources Corporation | Trim | $766.4M | $578.5M | -8% |
| SU Suncor Energy Inc. | Add | $756.8M | $439.5M | +16% |
| AMZN Amazon.com, Inc. | Trim | $745.1M | $840.0M | -2% |
| BNS Bank Nova Scotia Halifax Pfd 3 Ordinary Shares | Trim | $611.5M | $731.0M | -11% |
| TRP TC Energy Corporation | Add | $581.7M | $493.6M | +4% |
| BN Brookfield Corporation Class A Limited Voting Shares | Trim | $571.0M | $796.3M | -19% |
| AVGO Broadcom Inc. | Add | $568.1M | $624.0M | +2% |
| VOO Vanguard S&P 500 ETF | Add | $564.5M | $580.9M | +2% |
| CP Canadian Pacific Kansas City Limited | Trim | $521.5M | $568.4M | -14% |
| GOOG Alphabet Inc. - Class C Capital Stock | Trim | $517.5M | $572.1M | -1% |
| MFC Manulife Financial Corporation | Trim | $487.7M | $616.5M | -16% |
| CVE Cenovus Energy Inc | Add | $441.2M | $231.3M | +22% |
| TSLA Tesla, Inc. | Add | $420.4M | $483.3M | +5% |
| KGC Kinross Gold Corporation | Add | $409.9M | $153.9M | +146% |
| CCO Clear Channel Outdoor Holdings, Inc. | Add | $392.4M | $287.5M | +16% |
| CNR Core Natural Resources, Inc. | Add | $377.1M | $348.1M | +5% |
| VEU Vanguard FTSE All World Ex US ETF | Add | $364.8M | $347.0M | +3% |
| TECK Teck Resources Ltd Ordinary Shares | Add | $347.9M | $271.8M | +19% |
| WMT Walmart Inc. | Add | $281.9M | $138.8M | +82% |
| AGI Alamos Gold Inc. Class A | Trim | $280.0M | $338.4M | -28% |
| LLY Eli Lilly and Company | Add | $278.1M | $315.6M | +3% |
| GFL GFL Environmental Inc. Subordinate voting shares, no par value | Add | $255.5M | $219.4M | +20% |
| PPL PPL Corporation | Trim | $253.1M | $329.2M | -34% |
| JPM JP Morgan Chase & Co. | Add | $249.5M | $265.2M | +3% |
| G16252101 Brookfield Infrastructure Pa | Trim | $242.0M | $297.7M | -21% |
| XOM ExxonMobil Holdings Corporation | Trim | $239.0M | $171.5M | -1% |
| BAM Brookfield Asset Management Inc Class A Limited Voting Shares | Add | $235.4M | $255.4M | +9% |
| JNJ Johnson & Johnson | Trim | $219.2M | $200.2M | -7% |
| NFLX Netflix, Inc. | Trim | $208.7M | $215.3M | -6% |
| T AT&T Inc. | Trim | $200.5M | $245.0M | -16% |
| MU Micron Technology, Inc. | Trim | $179.0M | $153.7M | -2% |
| V Visa Inc. | Trim | $173.7M | $224.4M | -10% |
| AMD Advanced Micro Devices, Inc. | Add | $160.2M | $166.1M | +2% |
New and exited positions are only shown for managers whose entire filed portfolio fits inside the positions stored here. For a manager filing more than that, a holding leaving the stored set is indistinguishable from a holding being sold, so those are reported as adds and trims only.
What a 13F is
Any institutional manager exercising discretion over more than $100 million in US-listed equities must file a Form 13F with the SEC within 45 days of each quarter end, listing what they held on the last day of that quarter. The threshold was set in 1975 and has never been raised, so the filer population now runs to several thousand.
The four things it does not tell you
- It is stale. A filing describes positions as of quarter end and can arrive 45 days later. A manager who sold everything in week one of the new quarter files the same document as one who held.
- Long US equities only. No short positions, no cash, no bonds, no commodities, no foreign listings. A fund that looks heavily long in a 13F may be hedged in instruments that never appear.
- Not the whole firm. Assets are reported by the entity with discretion, so one manager can file under several CIKs, and the figure here is what that entity reported.
- Confidential treatment exists. A manager can apply to delay disclosing a position while building it. Those holdings appear later, if at all.
Why the biggest filers are not the interesting ones
The largest managers by reported value are index providers — they hold nearly everything, in proportion to the indices they track, because clients asked them to. Reading their filings for conviction is a category error. The filings worth attention are concentrated ones, where a small number of positions make up most of the portfolio, since that reflects a decision rather than a mandate.
The share-of-portfolio column is the one to read for this. A position that is 15% of a fund says something; the same dollar amount at 0.2% of an index tracker does not.
Where this comes from
The SEC's own quarterly Form 13F structured data sets, parsed here rather than bought from a vendor. Holdings are identified in the filings by CUSIP, and the mapping from CUSIP to ticker is the awkward part — that identifier is licensed rather than public, so the mapping is resolved through OpenFIGI and built up over time. Around 95% of reported value currently sits on a resolved ticker; the rest shows its CUSIP.
The rest of the section is on the Markets overview — including insider transactions, which are the same idea at the individual level, and the correlation finder, where each ticker's page carries its institutional ownership.