Manufacturers Life Insurance Company, The
Reported US equity positions for Q1 2026 — $116.3B across 2,805 positions.
| Holding | Reported value | Share of portfolio | Shares |
|---|---|---|---|
| MSFT Microsoft Corporation | $4.1B | 3.6% | 11,164,853 |
| NVDA NVIDIA Corporation | $3.4B | 2.9% | 19,278,112 |
| AMZN Amazon.com, Inc. | $3.3B | 2.8% | 15,863,698 |
| GOOGL Alphabet Inc. | $3.0B | 2.6% | 10,423,352 |
| AAPL Apple Inc. | $2.9B | 2.5% | 11,401,668 |
| JHCR John Hancock Exchange Traded | $2.2B | 1.9% | 87,272,135 |
| RY Royal Bank Of Canada | $2.0B | 1.7% | 12,130,512 |
| META Meta Platforms, Inc. | $1.7B | 1.5% | 3,017,628 |
| AVGO Broadcom Inc. | $1.6B | 1.4% | 5,310,766 |
| TD The Toronto Dominion Bank | $1.6B | 1.4% | 16,927,399 |
| LLY Eli Lilly and Company | $1.3B | 1.1% | 1,447,173 |
| CRC California Resources Corporation | $1.3B | 1.1% | 26,746,244 |
| LNG Cheniere Energy, Inc. | $1.0B | 0.9% | 3,689,935 |
| SHOP Shopify Inc. - Class A Subordinate Voting Shares | $998.1M | 0.9% | 8,418,903 |
| SU Suncor Energy Inc. | $954.6M | 0.8% | 14,444,825 |
| VOO Vanguard S&P 500 ETF | $900.7M | 0.8% | 1,507,387 |
| BND Vanguard Total Bond Market ETF | $892.6M | 0.8% | 12,121,494 |
| JNJ Johnson & Johnson | $871.6M | 0.7% | 3,565,728 |
| GOOG Alphabet Inc. - Class C Capital Stock | $855.3M | 0.7% | 2,981,612 |
| TSLA Tesla, Inc. | $837.9M | 0.7% | 2,253,897 |
| AEM Agnico Eagle Mines Limited | $829.9M | 0.7% | 4,091,837 |
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $810.0M | 0.7% | 2,396,944 |
| SPY State Street SPDR S&P 500 ETF Trust | $789.7M | 0.7% | 1,214,328 |
| CM Canadian Imperial Bank of Commerce | $769.2M | 0.7% | 8,123,678 |
| KKR KKR & Co. Inc. | $749.8M | 0.6% | 8,105,578 |
| G0593M107 Astrazeneca PLC | $745.2M | 0.6% | 3,844,540 |
| JPM JP Morgan Chase & Co. | $739.6M | 0.6% | 2,514,182 |
| MCK McKesson Corporation | $703.0M | 0.6% | 812,411 |
| TMO Thermo Fisher Scientific Inc | $699.8M | 0.6% | 1,423,710 |
| UNH UnitedHealth Group Incorporated Common Stock (DE) | $697.9M | 0.6% | 2,579,283 |
| BRK.B Berkshire Hathaway Inc. | $659.4M | 0.6% | 1,376,112 |
| JHEM John Hancock Exchange Traded | $652.3M | 0.6% | 19,040,181 |
| CP Canadian Pacific Kansas City Limited | $637.1M | 0.5% | 8,103,143 |
| VEA Vanguard FTSE Developed Markets ETF | $634.8M | 0.5% | 9,907,011 |
| CRM Salesforce, Inc. | $634.1M | 0.5% | 3,397,084 |
| B Barrick Mining Corporation | $612.1M | 0.5% | 14,992,792 |
| ELV Elevance Health, Inc. | $608.4M | 0.5% | 2,078,364 |
| WCN Waste Connections, Inc. | $604.6M | 0.5% | 3,724,204 |
| JHLN John Hancock Exchange Traded | $599.3M | 0.5% | 24,603,620 |
| ENB Enbridge Inc | $585.5M | 0.5% | 10,810,669 |
| ABBV AbbVie Inc. | $576.4M | 0.5% | 2,650,435 |
| V Visa Inc. | $573.5M | 0.5% | 1,897,420 |
| WMT Walmart Inc. | $559.2M | 0.5% | 4,499,366 |
| XOM ExxonMobil Holdings Corporation | $552.7M | 0.5% | 3,257,803 |
| TXN Texas Instruments Incorporated | $525.6M | 0.5% | 2,707,555 |
| ABT Abbott Laboratories | $525.3M | 0.5% | 5,116,192 |
| LEN Lennar Corporation Class A | $519.0M | 0.4% | 5,976,609 |
| URI United Rentals, Inc. | $489.7M | 0.4% | 672,184 |
| G1151C101 Accenture PLC Ireland | $472.9M | 0.4% | 2,384,954 |
| CVE Cenovus Energy Inc | $470.1M | 0.4% | 17,730,316 |
| G5960L103 Medtronic PLC | $469.1M | 0.4% | 5,413,353 |
| JDVL John Hancock Exchange Traded | $464.2M | 0.4% | 17,070,220 |
| CNR Core Natural Resources, Inc. | $452.9M | 0.4% | 4,404,252 |
| KLAC KLA Corporation | $452.5M | 0.4% | 307,341 |
| AMGN Amgen Inc. | $442.6M | 0.4% | 1,258,043 |
| SLF Sun Life Financial Inc. | $434.7M | 0.4% | 6,945,264 |
| DHR Danaher Corporation | $423.3M | 0.4% | 2,232,756 |
| AMT American Tower Corporation (REIT) | $399.7M | 0.3% | 2,315,919 |
| PPL PPL Corporation | $399.1M | 0.3% | 8,924,666 |
| BN Brookfield Corporation Class A Limited Voting Shares | $398.0M | 0.3% | 9,832,789 |
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 |
|---|---|---|---|---|
| MSFT Microsoft Corporation | Add | $4.1B | $5.2B | +3% |
| NVDA NVIDIA Corporation | Trim | $3.4B | $3.9B | -8% |
| AMZN Amazon.com, Inc. | Trim | $3.3B | $3.8B | -4% |
| GOOGL Alphabet Inc. | Trim | $3.0B | $3.4B | -4% |
| AAPL Apple Inc. | Trim | $2.9B | $3.4B | -9% |
| RY Royal Bank Of Canada | Add | $2.0B | $2.0B | +2% |
| META Meta Platforms, Inc. | Add | $1.7B | $1.7B | +17% |
| AVGO Broadcom Inc. | Add | $1.6B | $1.5B | +21% |
| LLY Eli Lilly and Company | Add | $1.3B | $1.5B | +3% |
| CRC California Resources Corporation | Trim | $1.3B | $980.9M | -7% |
| LNG Cheniere Energy, Inc. | Trim | $1.0B | $810.7M | -12% |
| SHOP Shopify Inc. - Class A Subordinate Voting Shares | Add | $998.1M | $1.3B | +9% |
| SU Suncor Energy Inc. | Trim | $954.6M | $741.8M | -13% |
| VOO Vanguard S&P 500 ETF | Add | $900.7M | $896.5M | +5% |
| BND Vanguard Total Bond Market ETF | Trim | $892.6M | $954.6M | -6% |
| JNJ Johnson & Johnson | Trim | $871.6M | $779.1M | -5% |
| GOOG Alphabet Inc. - Class C Capital Stock | Trim | $855.3M | $1.0B | -8% |
| TSLA Tesla, Inc. | Trim | $837.9M | $1.1B | -8% |
| AEM Agnico Eagle Mines Limited | Add | $829.9M | $637.7M | +9% |
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | Trim | $810.0M | $743.5M | -2% |
| CM Canadian Imperial Bank of Commerce | Trim | $769.2M | $808.3M | -9% |
| KKR KKR & Co. Inc. | Add | $749.8M | $897.1M | +15% |
| JPM JP Morgan Chase & Co. | Trim | $739.6M | $835.5M | -3% |
| MCK McKesson Corporation | Trim | $703.0M | $792.9M | -16% |
| TMO Thermo Fisher Scientific Inc | Trim | $699.8M | $882.8M | -7% |
| UNH UnitedHealth Group Incorporated Common Stock (DE) | Add | $697.9M | $781.6M | +9% |
| BRK.B Berkshire Hathaway Inc. | Trim | $659.4M | $829.0M | -17% |
| JHEM John Hancock Exchange Traded | Add | $652.3M | $529.5M | +18% |
| CP Canadian Pacific Kansas City Limited | Trim | $637.1M | $772.5M | -23% |
| VEA Vanguard FTSE Developed Markets ETF | Trim | $634.8M | $722.2M | -14% |
| CRM Salesforce, Inc. | Add | $634.1M | $685.5M | +31% |
| B Barrick Mining Corporation | Add | $612.1M | $646.6M | +1% |
| ELV Elevance Health, Inc. | Trim | $608.4M | $797.5M | -9% |
| WCN Waste Connections, Inc. | Add | $604.6M | $440.2M | +49% |
| ENB Enbridge Inc | Trim | $585.5M | $534.0M | -3% |
| ABBV AbbVie Inc. | Trim | $576.4M | $682.4M | -11% |
| WMT Walmart Inc. | Trim | $559.2M | $569.9M | -12% |
| XOM ExxonMobil Holdings Corporation | Trim | $552.7M | $409.4M | -4% |
| TXN Texas Instruments Incorporated | Trim | $525.6M | $558.0M | -16% |
| ABT Abbott Laboratories | Add | $525.3M | $383.1M | +67% |
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.