SUN LIFE FINANCIAL INC

Toronto, A6 · CIK 1097362 · 13F filing filed 2023-08-11

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 entitySun Life Financial Inc. (CA)

$1.6bn reported value +15.9% vs Q1 2023

33positions

85.0%in top 10

2 new 5 added 9 reduced 38 sold out vs Q1 2023

This report includes the holdings of 3 other managers that share the investment decisions:

Crescent Capital Group LP – reports through this filing
SUN LIFE CAPITAL MANAGEMENT (U.S.) LLC – reports through this filing
Sun Life Assurance Co of Canada – reports through this filing

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2023

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	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	1,840,823	$816.0m49.91%	49.91%	Reduced -13.6k	-13,550 -0.7%
2	ISHARES TR MSCI INDIA ETF INDA	INDA	2,190,600	$95.7m5.85%	5.85%	New
3	MISTER CAR WASH INC COM COM		9,269,238	$89.4m5.47%	5.47%	Unchanged
4	ISHARES TR ISHS 1-5YR INVS IGSB	IGSB	1,509,000	$75.7m4.63%	4.63%	Unchanged
5	ISHARES INC MSCI TAIWAN ETF EWT	EWT	1,546,250	$72.7m4.45%	4.45%	New
6	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	184,470	$68.1m4.17%	4.17%	Reduced -7.4k	-7,430 -3.9%
7	J P MORGAN EXCHANGE TRADED F ULTRA SHRT ETF JPST	JPST	928,354	$46.5m2.85%	2.85%	Unchanged
8	PROLOGIS INC. COM PLD	PLD	368,359	$45.2m2.76%	2.76%	Unchanged
9	ISHARES U S ETF TR SHORT DURATION B NEAR	NEAR	810,259	$40.3m2.46%	2.46%	Unchanged
10	PIMCO ETF TR ENHAN SHRT MA AC MINT	MINT	402,286	$40.1m2.45%	2.45%	Unchanged
11	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	77,694	$31.6m1.94%	1.94%	Added +515	+515 0.7%
12	AVALONBAY CMNTYS INC COM AVB	AVB	150,427	$28.5m1.74%	1.74%	Added +44.4k	+44,379 41.9%
13	ISHARES TR ESG SELECT SCRE XVV	XVV	823,040	$27.8m1.70%	1.70%	Unchanged
14	ISHARES TR CORE S&P500 ETF IVV	IVV	54,481	$24.3m1.49%	1.49%	Added +3.7k	+3,678 7.2%
15	CAMDEN PPTY TR SH BEN INT CPT	CPT	215,784	$23.5m1.44%	1.44%	Unchanged
16	CRESCENT CAP BDC INC COM CCAP	CCAP	1,241,215	$18.8m1.15%	1.15%	Added +164.6k	+164,561 15.3%
17	ISHARES TR 7-10 YR TRSY BD IEF	IEF	152,000	$14.7m0.90%	0.90%	Unchanged
18	FIRST INDL RLTY TR INC COM FR	FR	252,856	$13.3m0.81%	0.81%	Unchanged
19	REXFORD INDL RLTY INC COM REXR	REXR	249,854	$13.0m0.80%	0.80%	Unchanged
20	ISHARES TR IBOXX INV CP ETF LQD	LQD	94,000	$10.2m0.62%	0.62%	Unchanged
21	ISHARES TR MSCI UK ETF NEW EWU	EWU	276,073	$8.9m0.55%	0.55%	Reduced -4.0k	-4,000 -1.4%
22	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	55,641	$5.9m0.36%	0.36%	Reduced -1.2k	-1,176 -2.1%
23	ISHARES INC MSCI JPN ETF NEW EWJ	EWJ	93,229	$5.8m0.35%	0.35%	Reduced -17.1k	-17,080 -15.5%
24	VANGUARD INTL EQUITY INDEX F ALLWRLD EX US VEU	VEU	85,792	$4.7m0.29%	0.29%	Reduced -2.0k	-1,999 -2.3%
25	ISHARES TR MSCI EAFE ETF EFA	EFA	54,362	$3.9m0.24%	0.24%	Added +11.3k	+11,300 26.2%
26	VANGUARD ADMIRAL FDS INC MIDCP 400 IDX IVOO	IVOO	31,558	$2.8m0.17%	0.17%	Unchanged
27	ISHARES INC MSCI FRANCE ETF EWQ	EWQ	62,400	$2.4m0.15%	0.15%	Reduced -10.8k	-10,750 -14.7%
28	VANGUARD ADMIRAL FDS INC SMLLCP 600 IDX VIOO	VIOO	21,552	$2.0m0.12%	0.12%	Unchanged
29	PROSHARES TR ULTSHT REAL EST ULTSHT REAL EST		72,834	$1.2m0.08%	0.08%	Unchanged
30	ISHARES INC MSCI MEXICO ETF EWW	EWW	16,115	$1.0m0.06%	0.06%	Reduced -3.1k	-3,125 -16.2%
31	ISHARES INC MSCI GERMANY ETF EWG	EWG	17,125	$489.3k0.03%	0.03%	Reduced -1.8k	-1,800 -9.5%
32	ISHARES TR CORE S&P MCP ETF IJH	IJH	1,110	$290.2k0.02%	0.02%	Unchanged
33	IQVIA HLDGS INC COM IQV	IQV	289	$65.0k0.00%	0.00%	Unchanged

Sold out since Q1 2023

Security	Ticker	Shares held before	Value then
SPDR SER TR JNK	JNK	168,000	$15.4m168.0k shares
VISA INC V	V	6,135	$1.4m6.1k shares
THERMO FISHER SCIENTIFIC INC TMO	TMO	2,205	$1.3m2.2k shares
MEDTRONIC PLC MDT	MDT	13,764	$1.1m13.8k shares
COMCAST CORP NEW CMCSA	CMCSA	27,783	$1.1m27.8k shares
CANADIAN PAC RY LTD		11,638	$893.4k11.6k shares
HONEYWELL INTL INC		4,678	$891.6k4.7k shares
ORACLE CORP ORCL	ORCL	9,350	$866.3k9.3k shares
ALPHABET INC GOOGL	GOOGL	7,855	$812.2k7.9k shares
BOSTON SCIENTIFIC CORP BSX	BSX	16,133	$804.8k16.1k shares
GOLDMAN SACHS GROUP INC GS	GS	2,394	$780.8k2.4k shares
CANADIAN NATL RY CO CNI	CNI	6,257	$736.2k6.3k shares
STRYKER CORPORATION SYK	SYK	2,398	$682.8k2.4k shares
INTERNATIONAL FLAVORS&FRAGRA IFF	IFF	6,582	$603.3k6.6k shares
SCHWAB CHARLES CORP SCHW	SCHW	11,374	$594.0k11.4k shares
ABBOTT LABS ABT	ABT	5,851	$590.9k5.9k shares
AMERICAN EXPRESS CO AXP	AXP	3,540	$582.3k3.5k shares
FISERV INC FISV	FISV	5,072	$571.8k5.1k shares
DISNEY WALT CO DIS	DIS	5,634	$562.4k5.6k shares
LIBERTY BROADBAND CORP LBRDK	LBRDK	6,251	$509.2k6.3k shares
PPG INDS INC PPG	PPG	3,713	$494.5k3.7k shares
UNITED PARCEL SERVICE INC UPS	UPS	2,496	$482.8k2.5k shares
UNION PAC CORP UNP	UNP	2,386	$478.7k2.4k shares
EQUIFAX INC EFX	EFX	2,323	$469.7k2.3k shares
COOPER COS INC		1,176	$437.8k1.2k 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
XAI FLOATING RATE & ALTER IN XFLT · 13G · filed 2025-11-05	XFLT	65.0%	new	13G	2025-11-05
ARES DYNAMIC CR ALLOCATION F ARDC · 13G · filed 2026-10-06	ARDC	19.5%		13G	2026-10-06