1
ROYAL BK CDA
COM
RY
RY
10,212,043
$2.1bn4.64%
4.64%
Reduced Shares held: Q3 2025 10.7m, Q4 2025 10.8m, Q1 2026 10.5m, Q2 2026 10.2m
-265.0k
-265,015
-2.5%
2
NVIDIA CORPORATION
COM
NVDA
NVDA
8,241,539
$1.6bn3.61%
3.61%
Reduced Shares held: Q3 2025 6.4m, Q4 2025 8.6m, Q1 2026 8.6m, Q2 2026 8.2m
-389.9k
-389,881
-4.5%
3
TORONTO DOMINION BK ONT
COM NEW
TD
TD
12,662,025
$1.5bn3.38%
3.38%
Added Shares held: Q3 2025 15.6m, Q4 2025 14.2m, Q1 2026 12.0m, Q2 2026 12.7m
+707.3k
+707,315
5.9%
4
APPLE INC
COM
AAPL
AAPL
5,060,516
$1.5bn3.21%
3.21%
Reduced Shares held: Q3 2025 3.9m, Q4 2025 5.2m, Q1 2026 5.2m, Q2 2026 5.1m
-161.6k
-161,626
-3.1%
5
BANK MONTREAL QUE
COM
BMO
BMO
6,747,985
$1.2bn2.63%
2.63%
Reduced Shares held: Q3 2025 7.3m, Q4 2025 6.2m, Q1 2026 6.8m, Q2 2026 6.7m
-32.3k
-32,333
-0.5%
6
MICROSOFT CORP
COM
MSFT
MSFT
2,594,215
$967.6m2.12%
2.12%
Reduced Shares held: Q3 2025 2.1m, Q4 2025 2.8m, Q1 2026 2.8m, Q2 2026 2.6m
-161.7k
-161,678
-5.9%
7
BANK NOVA SCOTIA HALIFAX
COM
BNS
BNS
10,757,318
$938.0m2.06%
2.06%
Added Shares held: Q3 2025 9.8m, Q4 2025 9.9m, Q1 2026 8.8m, Q2 2026 10.8m
+2.0m
+1,963,443
22.3%
8
CANADIAN IMPERIAL BANK OF CO
COM
CM
CM
7,342,841
$843.9m1.85%
1.85%
Reduced Shares held: Q3 2025 9.9m, Q4 2025 9.7m, Q1 2026 8.5m, Q2 2026 7.3m
-1.2m
-1,150,626
-13.6%
9
AMAZON COM INC
COM
AMZN
AMZN
3,444,029
$820.7m1.80%
1.80%
Reduced Shares held: Q3 2025 2.8m, Q4 2025 3.6m, Q1 2026 3.6m, Q2 2026 3.4m
-134.5k
-134,451
-3.8%
10
CANADIAN NATL RY CO
COM
CNI
CNI
6,861,848
$819.9m1.80%
1.80%
Added Shares held: Q3 2025 4.5m, Q4 2025 3.5m, Q1 2026 3.7m, Q2 2026 6.9m
+3.2m
+3,193,207
87.0%
11
AGNICO EAGLE MINES LTD
COM
AEM
AEM
4,931,978
$768.0m1.68%
1.68%
Added Shares held: Q3 2025 5.0m, Q4 2025 4.8m, Q1 2026 4.4m, Q2 2026 4.9m
+573.3k
+573,277
13.2%
12
ENBRIDGE INC
COM
ENB
ENB
14,080,398
$764.0m1.67%
1.67%
Reduced Shares held: Q3 2025 15.1m, Q4 2025 13.9m, Q1 2026 14.5m, Q2 2026 14.1m
-447.2k
-447,168
-3.1%
13
ALPHABET INC
CAP STK CL A
GOOGL
GOOGL
2,087,478
$746.0m1.64%
1.64%
Reduced Shares held: Q3 2025 1.7m, Q4 2025 2.2m, Q1 2026 2.2m, Q2 2026 2.1m
-96.7k
-96,731
-4.4%
14
MANULIFE FINL CORP
COM
MFC
MFC
17,576,615
$715.5m1.57%
1.57%
Added Shares held: Q3 2025 14.7m, Q4 2025 16.9m, Q1 2026 14.1m, Q2 2026 17.6m
+3.5m
+3,462,069
24.5%
15
BROOKFIELD CORP
CL A LTD VT SH
BN
BN
15,748,767
$672.3m1.47%
1.47%
Added Shares held: Q3 2025 19.9m, Q4 2025 17.3m, Q1 2026 14.1m, Q2 2026 15.7m
+1.6m
+1,646,763
11.7%
16
BARRICK MNG CORP
COM SHS
B
B
18,114,284
$668.0m1.46%
1.46%
Reduced Shares held: Q3 2025 18.3m, Q4 2025 19.9m, Q1 2026 21.0m, Q2 2026 18.1m
-2.9m
-2,911,468
-13.8%
17
CANADIAN NAT RES LTD
COM
CNQ
CNQ
16,720,694
$662.9m1.45%
1.45%
Added Shares held: Q3 2025 20.3m, Q4 2025 17.0m, Q1 2026 15.7m, Q2 2026 16.7m
+1.0m
+1,021,985
6.5%
18
BROADCOM INC
COM
AVGO
AVGO
1,713,676
$647.2m1.42%
1.42%
Reduced Shares held: Q3 2025 1.6m, Q4 2025 1.8m, Q1 2026 1.8m, Q2 2026 1.7m
-122.2k
-122,215
-6.7%
19
VANGUARD INDEX FDS
S&P 500 ETF SHS
VOO
VOO
918,601
$630.5m1.38%
1.38%
Reduced Shares held: Q3 2025 932.7k, Q4 2025 926.3k, Q1 2026 944.6k, Q2 2026 918.6k
-26.0k
-26,023
-2.8%
20
MICRON TECHNOLOGY INC
COM
MU
MU
536,729
$619.5m1.36%
1.36%
Added Shares held: Q3 2025 343.3k, Q4 2025 538.4k, Q1 2026 529.8k, Q2 2026 536.7k
+6.9k
+6,882
1.3%
21
ALPHABET INC
CAP STK CL C
GOOG
GOOG
1,732,782
$612.0m1.34%
1.34%
Reduced Shares held: Q3 2025 1.4m, Q4 2025 1.8m, Q1 2026 1.8m, Q2 2026 1.7m
-71.9k
-71,895
-4.0%
22
SUNCOR ENERGY INC NEW
COM
SU
SU
10,904,156
$588.3m1.29%
1.29%
Reduced Shares held: Q3 2025 8.7m, Q4 2025 9.9m, Q1 2026 11.4m, Q2 2026 10.9m
-526.7k
-526,699
-4.6%
23
TC ENERGY CORP
COM
TRP
TRP
8,815,178
$584.1m1.28%
1.28%
Reduced Shares held: Q3 2025 9.1m, Q4 2025 8.9m, Q1 2026 9.3m, Q2 2026 8.8m
-483.7k
-483,671
-5.2%
24
SHOPIFY INC
CL A SUB VTG SHS
SHOP
SHOP
4,308,187
$493.8m1.08%
1.08%
Added Shares held: Q3 2025 4.4m, Q4 2025 4.3m, Q1 2026 4.3m, Q2 2026 4.3m
+2.7k
+2,708
0.1%
25
CANADIAN PACIFIC KANSAS CITY
COM
CP
CP
5,620,145
$488.3m1.07%
1.07%
Reduced Shares held: Q3 2025 8.4m, Q4 2025 7.7m, Q1 2026 6.6m, Q2 2026 5.6m
-992.8k
-992,828
-15.0%
26
META PLATFORMS INC
CL A
META
META
834,297
$469.9m1.03%
1.03%
Reduced Shares held: Q3 2025 596.4k, Q4 2025 864.5k, Q1 2026 864.1k, Q2 2026 834.3k
-29.8k
-29,766
-3.4%
27
TESLA INC
COM
TSLA
TSLA
1,106,753
$465.4m1.02%
1.02%
Reduced Shares held: Q3 2025 704.6k, Q4 2025 1.1m, Q1 2026 1.1m, Q2 2026 1.1m
-24.3k
-24,259
-2.1%
28
ADVANCED MICRO DEVICES INC
COM
AMD
AMD
781,657
$454.1m1.00%
1.00%
Reduced Shares held: Q3 2025 505.4k, Q4 2025 775.6k, Q1 2026 787.6k, Q2 2026 781.7k
-5.9k
-5,947
-0.8%
29
TECK RESOURCES LTD
CL B
TECK
TECK
6,750,017
$403.5m0.88%
0.88%
Added Shares held: Q3 2025 5.5m, Q4 2025 5.6m, Q1 2026 6.7m, Q2 2026 6.8m
+49.6k
+49,576
0.7%
30
VANGUARD INTL EQUITY INDEX F
ALLWRLD EX US
VEU
VEU
4,722,854
$395.5m0.87%
0.87%
Reduced Shares held: Q3 2025 4.8m, Q4 2025 4.7m, Q1 2026 4.9m, Q2 2026 4.7m
-134.4k
-134,422
-2.8%
31
CENOVUS ENERGY INC
COM
CVE
CVE
15,264,422
$379.2m0.83%
0.83%
Reduced Shares held: Q3 2025 11.4m, Q4 2025 13.6m, Q1 2026 16.6m, Q2 2026 15.3m
-1.4m
-1,366,183
-8.2%
32
ELI LILLY & CO
COM
LLY
LLY
282,998
$339.4m0.74%
0.74%
Reduced Shares held: Q3 2025 220.2k, Q4 2025 293.7k, Q1 2026 302.4k, Q2 2026 283.0k
-19.4k
-19,419
-6.4%
33
INTEL CORP
COM
INTC
INTC
2,280,175
$318.4m0.70%
0.70%
Reduced Shares held: Q3 2025 1.7m, Q4 2025 2.3m, Q1 2026 2.3m, Q2 2026 2.3m
-65.7k
-65,657
-2.8%
34
SUN LIFE FINANCIAL INC.
COM
SLF
SLF
3,839,581
$300.9m0.66%
0.66%
Added Shares held: Q3 2025 3.4m, Q4 2025 1.3m, Q1 2026 1.4m, Q2 2026 3.8m
+2.5m
+2,480,709
182.6%
35
WHEATON PRECIOUS METALS CORP
COM
WPM
WPM
2,490,648
$281.5m0.62%
0.62%
Reduced Shares held: Q3 2025 2.8m, Q4 2025 2.8m, Q1 2026 2.8m, Q2 2026 2.5m
-282.0k
-281,961
-10.2%
36
APPLIED MATLS INC
COM
AMAT
AMAT
385,950
$278.8m0.61%
0.61%
Reduced Shares held: Q3 2025 349.0k, Q4 2025 339.6k, Q1 2026 387.8k, Q2 2026 385.9k
-1.8k
-1,804
-0.5%
37
GFL ENVIRONMENTAL INC
SUB VTG SHS
GFL
GFL
7,494,244
$275.6m0.60%
0.60%
Added Shares held: Q3 2025 4.1m, Q4 2025 5.1m, Q1 2026 6.1m, Q2 2026 7.5m
+1.4m
+1,360,128
22.2%
38
KINROSS GOLD CORP
COM
KGC
KGC
11,602,154
$275.3m0.60%
0.60%
Reduced Shares held: Q3 2025 4.8m, Q4 2025 5.5m, Q1 2026 13.4m, Q2 2026 11.6m
-1.8m
-1,808,433
-13.5%
39
CAMECO CORP
COM
CCJ
CCJ
2,626,312
$268.8m0.59%
0.59%
Reduced Shares held: Q3 2025 3.1m, Q4 2025 3.1m, Q1 2026 3.6m, Q2 2026 2.6m
-978.0k
-977,969
-27.1%
40
LAM RESEARCH CORP
COM NEW
LRCX
LRCX
616,415
$267.1m0.59%
0.59%
Added Shares held: Q3 2025 394.5k, Q4 2025 525.4k, Q1 2026 607.7k, Q2 2026 616.4k
+8.7k
+8,733
1.4%
41
JPMORGAN CHASE & CO
COM
JPM
JPM
786,840
$257.5m0.56%
0.56%
Reduced Shares held: Q3 2025 563.1k, Q4 2025 823.3k, Q1 2026 848.5k, Q2 2026 786.8k
-61.6k
-61,617
-7.3%
42
BROOKFIELD ASSET MANAGMT LTD
CL A LMT VTG SHS
BAM
BAM
5,701,677
$256.7m0.56%
0.56%
Added Shares held: Q3 2025 2.4m, Q4 2025 4.9m, Q1 2026 5.3m, Q2 2026 5.7m
+418.5k
+418,467
7.9%
43
WALMART INC
COM
WMT
WMT
2,258,642
$255.8m0.56%
0.56%
Reduced Shares held: Q3 2025 820.3k, Q4 2025 1.2m, Q1 2026 2.3m, Q2 2026 2.3m
-9.6k
-9,623
-0.4%
44
JOHNSON & JOHNSON
COM
JNJ
JNJ
994,831
$252.6m0.55%
0.55%
Added Shares held: Q3 2025 724.3k, Q4 2025 967.7k, Q1 2026 896.8k, Q2 2026 994.8k
+98.0k
+98,005
10.9%
45
BERKSHIRE HATHAWAY INC DEL
CL B NEW
BRK.B
BRK.B
465,608
$232.9m0.51%
0.51%
Reduced Shares held: Q3 2025 301.1k, Q4 2025 474.4k, Q1 2026 475.5k, Q2 2026 465.6k
-9.9k
-9,893
-2.1%
46
HUDBAY MINERALS INC
COM
HBM
HBM
8,855,472
$209.4m0.46%
0.46%
Reduced Shares held: Q3 2025 530.0k, Q4 2025 523.1k, Q1 2026 10.2m, Q2 2026 8.9m
-1.4m
-1,379,873
-13.5%
47
EXXON MOBIL CORP
COM
XOM
XOM
1,447,681
$197.9m0.43%
0.43%
Added Shares held: Q3 2025 881.3k, Q4 2025 1.4m, Q1 2026 1.4m, Q2 2026 1.4m
+38.7k
+38,721
2.8%
48
BROOKFIELD INFRAST PARTNERS
LP INT UNIT
BIP
BIP
5,367,611
$195.7m0.43%
0.43%
Reduced Shares held: Q3 2025 8.0m, Q4 2025 8.6m, Q1 2026 6.7m, Q2 2026 5.4m
-1.4m
-1,361,035
-20.2%
49
CISCO SYS INC
COM
CSCO
CSCO
1,653,030
$194.2m0.43%
0.43%
Reduced Shares held: Q3 2025 1.5m, Q4 2025 1.9m, Q1 2026 1.7m, Q2 2026 1.7m
-76.6k
-76,569
-4.4%
50
UNITEDHEALTH GROUP INC
COM
UNH
UNH
454,834
$189.0m0.41%
0.41%
Reduced Shares held: Q3 2025 354.4k, Q4 2025 464.9k, Q1 2026 465.9k, Q2 2026 454.8k
-11.0k
-11,034
-2.4%
51
ABBVIE INC
COM
ABBV
ABBV
747,319
$188.1m0.41%
0.41%
Added Shares held: Q3 2025 320.9k, Q4 2025 688.1k, Q1 2026 700.2k, Q2 2026 747.3k
+47.1k
+47,137
6.7%
52
COSTCO WHSL CORP NEW
COM
COST
COST
196,774
$184.0m0.40%
0.40%
Reduced Shares held: Q3 2025 154.2k, Q4 2025 206.9k, Q1 2026 208.8k, Q2 2026 196.8k
-12.0k
-12,002
-5.8%
53
VISA INC
COM CL A
V
V
516,282
$177.0m0.39%
0.39%
Reduced Shares held: Q3 2025 503.3k, Q4 2025 640.2k, Q1 2026 575.1k, Q2 2026 516.3k
-58.8k
-58,798
-10.2%
54
FRANCO NEV CORP
COM
FNV
FNV
833,026
$173.7m0.38%
0.38%
Added Shares held: Q3 2025 815.8k, Q4 2025 692.2k, Q1 2026 607.8k, Q2 2026 833.0k
+225.2k
+225,186
37.0%
55
KLA CORP
COM NEW
KLAC
KLAC
566,014
$170.8m0.37%
0.37%
Added Shares held: Q3 2025 412.0k, Q4 2025 556.4k, Q1 2026 553.6k, Q2 2026 566.0k
+12.4k
+12,404
2.2%
56
PEMBINA PIPELINE CORP
COM
PBA
PBA
3,381,439
$156.5m0.34%
0.34%
Reduced Shares held: Q3 2025 7.3m, Q4 2025 8.6m, Q1 2026 5.7m, Q2 2026 3.4m
-2.3m
-2,285,114
-40.3%
57
TELUS CORPORATION
COM
TU
TU
14,676,314
$155.3m0.34%
0.34%
Reduced Shares held: Q3 2025 18.8m, Q4 2025 18.6m, Q1 2026 15.6m, Q2 2026 14.7m
-937.7k
-937,716
-6.0%
58
SANDISK CORP
COM
SNDK
SNDK
67,431
$153.3m0.34%
0.34%
Added Shares held: Q3 2025 8.6k, Q4 2025 26.6k, Q1 2026 45.8k, Q2 2026 67.4k
+21.7k
+21,672
47.4%
59
ALAMOS GOLD INC NEW
COM CL A
AGI
AGI
5,010,402
$152.3m0.33%
0.33%
Reduced Shares held: Q3 2025 8.2m, Q4 2025 8.7m, Q1 2026 6.3m, Q2 2026 5.0m
-1.3m
-1,261,202
-20.1%
60
NETFLIX INC
COM
NFLX
NFLX
2,110,509
$150.7m0.33%
0.33%
Reduced Shares held: Q3 2025 1.9m, Q4 2025 2.3m, Q1 2026 2.2m, Q2 2026 2.1m
-60.5k
-60,509
-2.8%
61
MERCK & CO INC
COM
MRK
MRK
1,155,669
$148.5m0.33%
0.33%
Added Shares held: Q3 2025 475.3k, Q4 2025 720.7k, Q1 2026 742.9k, Q2 2026 1.2m
+412.7k
+412,741
55.6%
62
GILDAN ACTIVEWEAR INC
COM
GIL
GIL
2,777,963
$144.4m0.32%
0.32%
Added Shares held: Q3 2025 1.3m, Q4 2025 1.2m, Q1 2026 1.2m, Q2 2026 2.8m
+1.6m
+1,562,090
128.5%
63
AMGEN INC
COM
AMGN
AMGN
394,840
$143.0m0.31%
0.31%
Added Shares held: Q3 2025 360.2k, Q4 2025 404.3k, Q1 2026 381.7k, Q2 2026 394.8k
+13.1k
+13,143
3.4%
64
CELESTICA INC
COM
CLS
CLS
390,454
$142.6m0.31%
0.31%
Reduced Shares held: Q3 2025 405.8k, Q4 2025 436.9k, Q1 2026 520.9k, Q2 2026 390.5k
-130.5k
-130,462
-25.0%
65
PALO ALTO NETWORKS INC
COM
PANW
PANW
403,874
$137.7m0.30%
0.30%
Reduced Shares held: Q3 2025 282.2k, Q4 2025 364.4k, Q1 2026 406.8k, Q2 2026 403.9k
-2.9k
-2,882
-0.7%
66
FORTIS INC
COM
FTS
FTS
2,366,527
$135.7m0.30%
0.30%
Reduced Shares held: Q3 2025 2.9m, Q4 2025 2.7m, Q1 2026 2.6m, Q2 2026 2.4m
-271.9k
-271,937
-10.3%
67
CATERPILLAR INC
COM
CAT
CAT
127,048
$135.3m0.30%
0.30%
Added Shares held: Q3 2025 67.6k, Q4 2025 113.9k, Q1 2026 121.0k, Q2 2026 127.0k
+6.1k
+6,068
5.0%
68
MAGNA INTL INC
COM
MGA
MGA
1,971,957
$130.2m0.29%
0.29%
Added Shares held: Q3 2025 487.8k, Q4 2025 1.3m, Q1 2026 1.3m, Q2 2026 2.0m
+688.8k
+688,771
53.7%
69
MARVELL TECHNOLOGY INC
COM
MRVL
MRVL
434,434
$129.4m0.28%
0.28%
Added Shares held: Q3 2025 198.7k, Q4 2025 206.8k, Q1 2026 316.2k, Q2 2026 434.4k
+118.3k
+118,274
37.4%
70
TEXAS INSTRS INC
COM
TXN
TXN
432,536
$128.9m0.28%
0.28%
Added Shares held: Q3 2025 391.8k, Q4 2025 404.9k, Q1 2026 395.4k, Q2 2026 432.5k
+37.2k
+37,159
9.4%
71
PALANTIR TECHNOLOGIES INC
CL A
PLTR
PLTR
1,093,095
$127.5m0.28%
0.28%
Added Shares held: Q3 2025 827.1k, Q4 2025 1.1m, Q1 2026 1.1m, Q2 2026 1.1m
+8.4k
+8,443
0.8%
72
FIRSTSERVICE CORP NEW
COM
FSV
FSV
861,424
$122.4m0.27%
0.27%
Added Shares held: Q3 2025 354.5k, Q4 2025 321.0k, Q1 2026 721.9k, Q2 2026 861.4k
+139.6k
+139,550
19.3%
73
LINDE PLC
SHS
LIN
LIN
234,962
$121.9m0.27%
0.27%
Reduced Shares held: Q3 2025 239.3k, Q4 2025 287.0k, Q1 2026 286.8k, Q2 2026 235.0k
-51.8k
-51,812
-18.1%
74
BROOKFIELD RENEWABLE PARTNER
PARTNERSHIP UNIT
BEP
BEP
3,470,804
$120.1m0.26%
0.26%
Reduced Shares held: Q3 2025 4.6m, Q4 2025 4.6m, Q1 2026 3.9m, Q2 2026 3.5m
-423.4k
-423,353
-10.9%
75
MASTERCARD INCORPORATED
CL A
MA
MA
232,685
$119.5m0.26%
0.26%
Added Shares held: Q3 2025 143.4k, Q4 2025 222.5k, Q1 2026 225.6k, Q2 2026 232.7k
+7.1k
+7,059
3.1%
76
COCA COLA CO
COM
KO
KO
1,450,290
$117.8m0.26%
0.26%
Added Shares held: Q3 2025 1.0m, Q4 2025 1.4m, Q1 2026 1.4m, Q2 2026 1.5m
+40.2k
+40,188
2.9%
77
PROCTER AND GAMBLE CO
COM
PG
PG
773,239
$113.4m0.25%
0.25%
Added Shares held: Q3 2025 493.7k, Q4 2025 717.0k, Q1 2026 724.7k, Q2 2026 773.2k
+48.5k
+48,494
6.7%
78
SEAGATE TECHNOLOGY HLDNGS PL
ORD SHS
STX
STX
115,174
$111.1m0.24%
0.24%
Added Shares held: Q3 2025 33.9k, Q4 2025 90.1k, Q1 2026 90.5k, Q2 2026 115.2k
+24.6k
+24,637
27.2%
79
HOME DEPOT INC
COM
HD
HD
312,269
$110.1m0.24%
0.24%
Added Shares held: Q3 2025 173.0k, Q4 2025 269.5k, Q1 2026 276.0k, Q2 2026 312.3k
+36.2k
+36,228
13.1%
80
PAN AMERN SILVER CORP
COM
PAAS
PAAS
2,441,826
$109.3m0.24%
0.24%
Added Shares held: Q3 2025 494.9k, Q4 2025 483.5k, Q1 2026 1.8m, Q2 2026 2.4m
+633.3k
+633,262
35.0%
81
BANK AMERICA CORP
COM
BAC
BAC
1,898,216
$108.1m0.24%
0.24%
Reduced Shares held: Q3 2025 1.4m, Q4 2025 2.0m, Q1 2026 2.2m, Q2 2026 1.9m
-257.7k
-257,734
-11.9%
82
WESTERN DIGITAL CORP
COM
WDC
WDC
168,588
$107.7m0.24%
0.24%
Added Shares held: Q3 2025 47.6k, Q4 2025 143.3k, Q1 2026 141.3k, Q2 2026 168.6k
+27.2k
+27,240
19.3%
83
THERMO FISHER SCIENTIFIC INC
COM
TMO
TMO
214,502
$107.6m0.24%
0.24%
Reduced Shares held: Q3 2025 225.8k, Q4 2025 233.6k, Q1 2026 236.9k, Q2 2026 214.5k
-22.4k
-22,390
-9.4%
84
QUALCOMM INC
COM
QCOM
QCOM
549,849
$101.6m0.22%
0.22%
Added Shares held: Q3 2025 405.7k, Q4 2025 636.9k, Q1 2026 547.6k, Q2 2026 549.8k
+2.3k
+2,254
0.4%
85
CHEVRON CORP NEW
COM
CVX
CVX
611,439
$101.4m0.22%
0.22%
Reduced Shares held: Q3 2025 616.3k, Q4 2025 632.4k, Q1 2026 634.9k, Q2 2026 611.4k
-23.4k
-23,417
-3.7%
86
COLLIERS INTL GROUP INC
SUB VTG SHS
CIGI
CIGI
1,065,340
$100.0m0.22%
0.22%
Reduced Shares held: Q3 2025 141.5k, Q4 2025 139.9k, Q1 2026 1.1m, Q2 2026 1.1m
-28.4k
-28,391
-2.6%
87
PEPSICO INC
COM
PEP
PEP
726,686
$98.4m0.22%
0.22%
Added Shares held: Q3 2025 570.5k, Q4 2025 717.3k, Q1 2026 716.1k, Q2 2026 726.7k
+10.6k
+10,613
1.5%
88
NUTRIEN LTD
COM
NTR
NTR
1,548,546
$97.4m0.21%
0.21%
Added Shares held: Q3 2025 766.5k, Q4 2025 505.3k, Q1 2026 770.9k, Q2 2026 1.5m
+777.6k
+777,643
100.9%
89
GE AEROSPACE
COM NEW
GE
GE
256,111
$95.7m0.21%
0.21%
Added Shares held: Q3 2025 151.9k, Q4 2025 251.7k, Q1 2026 253.9k, Q2 2026 256.1k
+2.3k
+2,251
0.9%
90
TFI INTL INC
COM
TFII
TFII
648,769
$93.6m0.21%
0.21%
Added Shares held: Q3 2025 82.8k, Q4 2025 78.8k, Q1 2026 435.0k, Q2 2026 648.8k
+213.8k
+213,757
49.1%
91
RB GLOBAL INC
COM
RBA
RBA
775,230
$91.9m0.20%
0.20%
Reduced Shares held: Q3 2025 781.2k, Q4 2025 978.6k, Q1 2026 1.1m, Q2 2026 775.2k
-282.3k
-282,318
-26.7%
92
ISHARES TR
MSCI EAFE ETF
EFA
EFA
872,310
$90.6m0.20%
0.20%
Reduced Shares held: Q3 2025 3.0m, Q4 2025 1.1m, Q1 2026 1.1m, Q2 2026 872.3k
-218.3k
-218,321
-20.0%
93
WASTE CONNECTIONS INC
COM
WCN
WCN
536,576
$90.1m0.20%
0.20%
Reduced Shares held: Q3 2025 2.0m, Q4 2025 2.0m, Q1 2026 972.1k, Q2 2026 536.6k
-435.5k
-435,505
-44.8%
94
MEDTRONIC PLC
SHS
MDT
MDT
1,146,973
$89.7m0.20%
0.20%
Added Shares held: Q3 2025 906.8k, Q4 2025 1.1m, Q1 2026 1.1m, Q2 2026 1.1m
+21.6k
+21,631
1.9%
95
ANALOG DEVICES INC
COM
ADI
ADI
223,465
$88.8m0.19%
0.19%
Reduced Shares held: Q3 2025 176.7k, Q4 2025 229.0k, Q1 2026 227.1k, Q2 2026 223.5k
-3.7k
-3,679
-1.6%
96
SPDR S&P 500 ETF TR
TR UNIT
SPY
SPY
118,053
$88.2m0.19%
0.19%
Reduced Shares held: Q3 2025 136.7k, Q4 2025 191.2k, Q1 2026 151.1k, Q2 2026 118.1k
-33.0k
-33,025
-21.9%
97
BOYD GROUP SERVICES INC
COM
BGSI
BGSI
927,785
$87.9m0.19%
0.19%
Reduced Shares held: Q3 2025 0, Q4 2025 793.8k, Q1 2026 1.1m, Q2 2026 927.8k
-141.3k
-141,290
-13.2%
98
VERIZON COMMUNICATIONS INC
COM
VZ
VZ
2,031,501
$86.0m0.19%
0.19%
Added Shares held: Q3 2025 1.2m, Q4 2025 1.8m, Q1 2026 1.8m, Q2 2026 2.0m
+212.2k
+212,218
11.7%
99
PHILIP MORRIS INTL INC
COM
PM
PM
474,109
$85.8m0.19%
0.19%
Reduced Shares held: Q3 2025 360.6k, Q4 2025 503.0k, Q1 2026 508.1k, Q2 2026 474.1k
-34.0k
-34,018
-6.7%
100
INTERNATIONAL BUSINESS MACHS
COM
IBM
IBM
304,254
$85.6m0.19%
0.19%
Added Shares held: Q3 2025 162.6k, Q4 2025 257.1k, Q1 2026 262.0k, Q2 2026 304.3k
+42.3k
+42,285
16.1%