Caisse de depot et placement du Quebec

Montreal, A8 · CIK 898286 · 13F filing filed 2026-08-14

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityCaisse de dépôt et placement du Québec (CA)

$70.2bn reported value +12.4% vs Q1 2026

705positions

24.6%in top 10

115 new 288 added 277 reduced 94 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	APPLE INC COM AAPL	AAPL	9,333,869	$2.7bn3.85%	3.85%	Reduced -1.7m	-1,748,935 -15.8%
2	NVIDIA CORPORATION COM NVDA	NVDA	12,504,221	$2.5bn3.56%	3.56%	Reduced -3.3m	-3,283,660 -20.8%
3	CANADIAN NATL RY CO COM CNI	CNI	18,962,558	$2.3bn3.22%	3.22%	Added +178.4k	+178,385 0.9%
4	MICROSOFT CORP COM MSFT	MSFT	6,041,152	$2.3bn3.21%	3.21%	Added +1.1m	+1,067,115 21.4%
5	ALPHABET INC CAP STK CL A GOOGL	GOOGL	5,269,086	$1.9bn2.68%	2.68%	Reduced -1.4m	-1,388,113 -20.9%
6	META PLATFORMS INC CL A META	META	2,442,888	$1.4bn1.96%	1.96%	Added +408.2k	+408,244 20.1%
7	AMAZON COM INC COM AMZN	AMZN	5,641,092	$1.3bn1.92%	1.92%	Reduced -124.0k	-124,012 -2.1%
8	CGI INC CL A SUB VTG GIB	GIB	16,290,487	$1.1bn1.50%	1.50%	Unchanged
9	ELI LILLY & CO COM LLY	LLY	805,809	$966.5m1.38%	1.38%	Added +119.2k	+119,225 17.4%
10	BANK MONTREAL QUE COM BMO	BMO	5,419,567	$957.5m1.36%	1.36%	Unchanged
11	TFI INTL INC COM TFII	TFII	6,331,000	$911.0m1.30%	1.30%	Reduced -825.5k	-825,534 -11.5%
12	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	1,802,377	$901.9m1.28%	1.28%	Added +161.9k	+161,879 9.9%
13	APPLIED MATLS INC COM AMAT	AMAT	1,224,807	$885.5m1.26%	1.26%	Reduced -41.5k	-41,516 -3.3%
14	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	3,978,321	$846.5m1.21%	1.21%	Added +3.0m	+2,970,540 294.8%
15	CAE INC COM CAE	CAE	30,917,402	$773.8m1.10%	1.10%	Unchanged
16	VANGUARD INDEX FDS VALUE ETF VTV	VTV	3,511,326	$765.2m1.09%	1.09%	Added +925.1k	+925,117 35.8%
17	BCE INC COM NEW BCE	BCE	34,107,306	$734.4m1.05%	1.05%	Unchanged
18	JPMORGAN CHASE & CO COM JPM	JPM	2,151,724	$704.3m1.00%	1.00%	Reduced -238.8k	-238,837 -10.0%
19	BROADCOM INC COM AVGO	AVGO	1,826,045	$689.8m0.98%	0.98%	Reduced -368.4k	-368,370 -16.8%
20	MASTERCARD INCORPORATED CL A MA	MA	1,268,801	$651.7m0.93%	0.93%	Reduced -179.2k	-179,177 -12.4%
21	LAM RESEARCH CORP COM NEW LRCX	LRCX	1,446,858	$627.0m0.89%	0.89%	Added +682.6k	+682,595 89.3%
22	MICRON TECHNOLOGY INC COM MU	MU	531,635	$613.7m0.87%	0.87%	Reduced -245.2k	-245,209 -31.6%
23	GILDAN ACTIVEWEAR INC COM GIL	GIL	11,679,294	$601.9m0.86%	0.86%	Added +1.2m	+1,238,000 11.9%
24	JOHNSON & JOHNSON COM JNJ	JNJ	2,259,196	$573.8m0.82%	0.82%	Reduced -726.3k	-726,280 -24.3%
25	MERCK & CO INC COM MRK	MRK	4,448,107	$571.6m0.81%	0.81%	Added +648.7k	+648,728 17.1%
26	UNITEDHEALTH GROUP INC COM UNH	UNH	1,363,607	$566.8m0.81%	0.81%	Added +68.7k	+68,683 5.3%
27	CISCO SYS INC COM CSCO	CSCO	4,711,992	$553.5m0.79%	0.79%	Reduced -850.2k	-850,191 -15.3%
28	TESLA INC COM TSLA	TSLA	1,246,039	$524.1m0.75%	0.75%	Added +153.0k	+152,978 14.0%
29	ALPHABET INC CAP STK CL C GOOG	GOOG	1,418,035	$501.0m0.71%	0.71%	Reduced -88.6k	-88,602 -5.9%
30	PROGRESSIVE CORP COM PGR	PGR	2,251,862	$491.9m0.70%	0.70%	Added +607.0k	+607,016 36.9%
31	TEXAS INSTRS INC COM TXN	TXN	1,626,957	$484.9m0.69%	0.69%	Added +368.2k	+368,172 29.2%
32	COSTCO WHSL CORP NEW COM COST	COST	469,190	$438.9m0.63%	0.63%	Reduced -30.4k	-30,430 -6.1%
33	ABBVIE INC COM ABBV	ABBV	1,641,631	$413.1m0.59%	0.59%	Added +28.8k	+28,793 1.8%
34	WALMART INC COM WMT	WMT	3,532,526	$400.1m0.57%	0.57%	Added +273.9k	+273,881 8.4%
35	CITIGROUP INC COM NEW C	C	2,840,820	$397.6m0.57%	0.57%	Reduced -156.0k	-156,030 -5.2%
36	TJX COS INC NEW COM TJX	TJX	2,544,960	$385.6m0.55%	0.55%	Added +607.2k	+607,181 31.3%
37	ISHARES TR BROAD USD HIGH USHY	USHY	10,057,165	$372.3m0.53%	0.53%	Unchanged
38	TORONTO DOMINION BK ONT COM NEW TD	TD	2,995,594	$364.1m0.52%	0.52%	Added +54.2k	+54,179 1.8%
39	KLA CORP COM NEW KLAC	KLAC	1,202,870	$362.9m0.52%	0.52%	Added +748.9k	+748,850 164.9%
40	ROYAL BK CDA COM RY	RY	1,740,913	$360.4m0.51%	0.51%	Reduced -107.9k	-107,909 -5.8%
41	ADVANCED MICRO DEVICES INC COM AMD	AMD	587,528	$341.3m0.49%	0.49%	Reduced -199.3k	-199,280 -25.3%
42	INTEL CORP COM INTC	INTC	2,266,402	$316.5m0.45%	0.45%	Added +476.2k	+476,195 26.6%
43	ISHARES TR IBOXX HI YD ETF HYG	HYG	3,927,162	$314.1m0.45%	0.45%	Added +725.0k	+725,000 22.6%
44	COCA COLA CO COM KO	KO	3,582,530	$291.2m0.41%	0.41%	Added +921.6k	+921,577 34.6%
45	NEXTERA ENERGY INC COM NEE	NEE	3,291,400	$288.9m0.41%	0.41%	Reduced -116.9k	-116,864 -3.4%
46	PULTE GROUP INC COM PHM	PHM	2,091,909	$287.0m0.41%	0.41%	Reduced -153.3k	-153,336 -6.8%
47	TC ENERGY CORP COM TRP	TRP	4,288,745	$283.9m0.40%	0.40%	Added +166.9k	+166,902 4.0%
48	ASTRAZENECA PLC ORD AZN	AZN	1,463,843	$273.9m0.39%	0.39%	New
49	SELECT SECTOR SPDR TR SBI HEALTHCARE XLV	XLV	1,693,225	$268.6m0.38%	0.38%	Reduced -450.8k	-450,833 -21.0%
50	GENERAL MTRS CO COM GM	GM	3,450,349	$266.0m0.38%	0.38%	Added +1.0m	+1,023,869 42.2%
51	GILEAD SCIENCES INC COM GILD	GILD	2,083,390	$263.2m0.38%	0.38%	Added +539.2k	+539,167 34.9%
52	CENCORA INC COM COR	COR	914,234	$258.7m0.37%	0.37%	Added +388.7k	+388,737 74.0%
53	ENBRIDGE INC COM ENB	ENB	4,727,626	$256.3m0.37%	0.37%	Added +255.9k	+255,940 5.7%
54	LIGHTSPEED COMMERCE INC SUB VTG SHS LSPD	LSPD	24,286,219	$254.2m0.36%	0.36%	Unchanged
55	ARISTA NETWORKS INC COM SHS ANET	ANET	1,483,126	$252.0m0.36%	0.36%	Reduced -428.5k	-428,548 -22.4%
56	WELLS FARGO CO NEW COM WFC	WFC	2,987,358	$246.9m0.35%	0.35%	Added +358.7k	+358,738 13.7%
57	DUKE ENERGY CORP NEW COM NEW DUK	DUK	1,949,212	$246.7m0.35%	0.35%	Added +364.5k	+364,496 23.0%
58	COMFORT SYS USA INC COM FIX	FIX	123,032	$243.8m0.35%	0.35%	Added +43.1k	+43,147 54.0%
59	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	4,228,503	$243.6m0.35%	0.35%	Added +2.7m	+2,744,671 185.0%
60	BANK AMERICA CORP COM BAC	BAC	4,246,623	$242.0m0.34%	0.34%	Reduced -3.3m	-3,255,935 -43.4%
61	SELECT SECTOR SPDR TR SBI CONS STPLS XLP	XLP	2,842,914	$236.2m0.34%	0.34%	Added +1.1m	+1,054,290 58.9%
62	BOOKING HOLDINGS INC COM BKNG	BKNG	1,289,582	$229.9m0.33%	0.33%	Added +243.6k	+243,557 23.3%
63	CANADIAN PACIFIC KANSAS CITY COM CP	CP	2,635,370	$228.4m0.33%	0.33%	Added +537.3k	+537,273 25.6%
64	AT&T INC COM T	T	10,815,261	$223.9m0.32%	0.32%	Reduced -2.2m	-2,170,349 -16.7%
65	GOLDMAN SACHS GROUP INC COM GS	GS	209,998	$212.4m0.30%	0.30%	Reduced -67.4k	-67,431 -24.3%
66	PROCTER AND GAMBLE CO COM PG	PG	1,438,702	$211.0m0.30%	0.30%	Reduced -534.3k	-534,277 -27.1%
67	BLACKROCK INC COM BLK	BLK	218,804	$210.4m0.30%	0.30%	Added +88.2k	+88,185 67.5%
68	DOLLAR GEN CORP NEW COM DG	DG	1,786,391	$205.6m0.29%	0.29%	Added +1.1m	+1,101,025 160.7%
69	SELECT SECTOR SPDR TR FINANCIAL XLF	XLF	3,761,841	$201.7m0.29%	0.29%	Reduced -238.8k	-238,825 -6.0%
70	EXPEDIA GROUP INC COM NEW EXPE	EXPE	785,137	$200.9m0.29%	0.29%	Added +240.7k	+240,692 44.2%
71	HOWMET AEROSPACE INC COM HWM	HWM	732,647	$197.0m0.28%	0.28%	Reduced -30.5k	-30,509 -4.0%
72	ANALOG DEVICES INC COM ADI	ADI	493,064	$195.8m0.28%	0.28%	Added +144.2k	+144,218 41.3%
73	SCHWAB CHARLES CORP COM SCHW	SCHW	2,119,943	$195.6m0.28%	0.28%	Added +1.9m	+1,892,740 833.1%
74	THE CIGNA GROUP COM CI	CI	709,484	$195.6m0.28%	0.28%	Added +268.3k	+268,336 60.8%
75	HALLIBURTON CO COM HAL	HAL	5,734,170	$194.7m0.28%	0.28%	Added +364.9k	+364,921 6.8%
76	NVR INC COM NVR	NVR	28,490	$194.1m0.28%	0.28%	Added +1.2k	+1,224 4.5%
77	LINDE PLC SHS LIN	LIN	373,675	$193.9m0.28%	0.28%	Added +68.4k	+68,372 22.4%
78	MOTOROLA SOLUTIONS INC COM NEW MSI	MSI	459,743	$190.9m0.27%	0.27%	Added +121.9k	+121,859 36.1%
79	OLD DOMINION FREIGHT LINE IN COM ODFL	ODFL	879,764	$190.6m0.27%	0.27%	Added +352.0k	+351,973 66.7%
80	TERADYNE INC COM TER	TER	384,829	$186.2m0.27%	0.27%	Added +104.1k	+104,072 37.1%
81	RB GLOBAL INC COM RBA	RBA	1,577,664	$183.7m0.26%	0.26%	Reduced -351.5k	-351,471 -18.2%
82	AFLAC INC COM AFL	AFL	1,560,626	$183.0m0.26%	0.26%	Added +420.1k	+420,084 36.8%
83	SNAP ON INC COM SNA	SNA	452,210	$182.0m0.26%	0.26%	Added +64.0k	+63,981 16.5%
84	MANULIFE FINL CORP COM MFC	MFC	4,466,755	$181.1m0.26%	0.26%	Reduced -20.7k	-20,703 -0.5%
85	GRAINGER W W INC COM GWW	GWW	131,258	$178.6m0.25%	0.25%	Added +29.9k	+29,922 29.5%
86	ADOBE INC COM ADBE	ADBE	867,637	$177.9m0.25%	0.25%	Added +133.5k	+133,456 18.2%
87	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	1,417,153	$174.5m0.25%	0.25%	Added +475.9k	+475,929 50.6%
88	TRANE TECHNOLOGIES PLC SHS TT	TT	353,078	$173.4m0.25%	0.25%	Added +333.1k	+333,055 1663.4%
89	MORGAN STANLEY COM NEW MS	MS	822,094	$171.9m0.24%	0.24%	Added +258.2k	+258,193 45.8%
90	WESTERN DIGITAL CORP COM WDC	WDC	266,834	$170.4m0.24%	0.24%	Reduced -91.6k	-91,595 -25.6%
91	EXPEDITORS INTL WASH INC COM EXPD	EXPD	1,041,018	$169.7m0.24%	0.24%	Reduced -68.0k	-68,048 -6.1%
92	ALLSTATE CORP COM ALL	ALL	701,298	$166.9m0.24%	0.24%	Added +105.8k	+105,752 17.8%
93	BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG SHS BAM	BAM	3,679,099	$165.0m0.24%	0.24%	Added +3.0m	+2,987,099 431.7%
94	MARSH & MCLENNAN COS INC COM MRSH	MRSH	982,538	$163.8m0.23%	0.23%	Added +271.8k	+271,829 38.2%
95	HOME DEPOT INC COM HD	HD	463,944	$163.6m0.23%	0.23%	Reduced -448.4k	-448,363 -49.1%
96	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	1,426,749	$163.2m0.23%	0.23%	Added +33.9k	+33,863 2.4%
97	T-MOBILE US INC COM TMUS	TMUS	969,922	$162.7m0.23%	0.23%	Reduced -98.0k	-98,024 -9.2%
98	APPLOVIN CORP COM CL A APP	APP	313,170	$161.4m0.23%	0.23%	Added +289.8k	+289,846 1242.7%
99	AMERICAN INTL GROUP INC COM NEW AIG	AIG	2,135,326	$159.1m0.23%	0.23%	Reduced -673.6k	-673,553 -24.0%
100	NETFLIX INC COM NFLX	NFLX	2,206,781	$157.6m0.22%	0.22%	Reduced -463.6k	-463,607 -17.4%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
DUPONT DE NEMOURS INC DWDP	DWDP	1,315,406	$180.7m1.3m shares
HONEYWELL INTL INC		309,548	$139.9m309.5k shares
CADENCE DESIGN SYSTEM INC CDNS	CDNS	334,452	$92.9m334.5k shares
ISHARES TR EFV	EFV	965,769	$71.8m965.8k shares
CARNIVAL CORP		2,567,645	$66.5m2.6m shares
ALLISON TRANSMISSION HLDGS I ALSN	ALSN	546,271	$63.9m546.3k shares
CHENIERE ENERGY INC LNG	LNG	204,753	$58.1m204.8k shares
BROWN FORMAN CORP BF.B	BF.B	1,818,793	$48.1m1.8m shares
ISHARES TR USMV	USMV	441,070	$40.9m441.1k shares
RAYONIER INC RYN	RYN	1,921,202	$39.6m1.9m shares
GENERAL MLS INC GIS	GIS	983,923	$36.6m983.9k shares
US FOODS HLDG CORP USFD	USFD	389,112	$35.9m389.1k shares
COMMERCIAL METALS CO CMC	CMC	425,850	$26.2m425.9k shares
NU HLDGS LTD NU	NU	1,622,929	$23.3m1.6m shares
LATAM AIRLINES GROUP SA LTM	LTM	466,310	$23.1m466.3k shares
TARGA RES CORP TRGP	TRGP	85,390	$21.4m85.4k shares
WATTS WATER TECHNOLOGIES INC WTS	WTS	71,336	$20.7m71.3k shares
LOUISIANA PAC CORP LPX	LPX	277,935	$20.2m277.9k shares
STERIS PLC STE	STE	78,748	$17.4m78.7k shares
WATERS CORP WAT	WAT	57,648	$17.2m57.6k shares
PENUMBRA INC PEN	PEN	41,700	$13.7m41.7k shares
CONAGRA BRANDS INC CAG	CAG	854,223	$13.4m854.2k shares
ECOLAB INC ECL	ECL	50,094	$13.3m50.1k shares
DESCARTES SYS GROUP INC DSGX	DSGX	169,089	$12.1m169.1k shares
DOCUSIGN INC DOCU	DOCU	216,659	$10.3m216.7k shares

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
ZEVIA PBC ZVIA · 13D · filed 2026-05-28	ZVIA	15.9%≈ $18.6m	-4.2 pts	13D	2026-05-28
CAE INC CAE · 13D · filed 2025-02-14	CAE	9.7%≈ $774.8m	new	13D	2025-02-14
TFI INTL INC TFII · 13G · filed 2026-02-13	TFII	8.6%≈ $1.0bn	+1.7 pts	13G	2026-02-13
GILDAN ACTIVEWEAR INC GIL · 13G · filed 2026-08-14	GIL	6.3%≈ $602.7m	+1.3 pts	13G	2026-08-14

Trades reported as a company insider since 1 Apr 2026

Owning 10% or more of a company, or having someone on its board, makes this manager an insider there: it reports its trades in that company's shares on Form 4 within two business days. Open-market and private purchases and sales only.

Date	Company	Ticker	Trade	Shares	Value	Their holding
2026-05-27	ZEVIA PBC 10% owner	ZVIA	Sold	2,150,000	$4.1m2.1m shares	-16%