Alberta Investment Management Corp

EDMONTON, A0 · CIK 1463559 · 13F filing filed 2023-02-14

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.

$11.3bn reported value -13.1% vs Q3 2022

1,077positions

19.1%in top 10

113 new 208 added 416 reduced 289 sold out vs Q3 2022

Holdings, Q4 2022

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	ROYAL BK CDA COM RY	RY	4,385,656	$412.0m3.65%	3.65%	Reduced -108.7k	-108,697 -2.4%
2	TORONTO DOMINION BK ONT COM NEW TD	TD	5,550,666	$359.1m3.18%	3.18%	Added +27.8k	+27,784 0.5%
3	HAYWARD HLDGS INC COM HAYW	HAYW	22,901,636	$215.3m1.90%	1.90%	Reduced -2.8m	-2,826,936 -11.0%
4	CANADIAN PAC RY LTD COM COM		2,489,876	$185.5m1.64%	1.64%	Reduced -21.8k	-21,760 -0.9%
5	CANADIAN NATL RY CO COM CNI	CNI	1,552,508	$184.3m1.63%	1.63%	Reduced -194.4k	-194,387 -11.1%
6	CANADIAN NAT RES LTD COM CNQ	CNQ	3,190,351	$177.0m1.57%	1.57%	Reduced -510.3k	-510,267 -13.8%
7	TC ENERGY CORP COM TRP	TRP	4,227,484	$168.4m1.49%	1.49%	Reduced -33.6k	-33,554 -0.8%
8	SUNCOR ENERGY INC NEW COM SU	SU	5,076,850	$160.9m1.42%	1.42%	Reduced -515.9k	-515,927 -9.2%
9	BROOKFIELD CORP CL A LTD VT SH BN	BN	4,909,900	$154.3m1.36%	1.36%	New
10	NUTRIEN LTD COM NTR	NTR	2,017,147	$147.2m1.30%	1.30%	Reduced -195.1k	-195,126 -8.8%
11	BANK NOVA SCOTIA HALIFAX COM BNS	BNS	2,742,603	$134.3m1.19%	1.19%	Reduced -1.8m	-1,800,498 -39.6%
12	BANK MONTREAL QUE COM BMO	BMO	1,388,079	$125.7m1.11%	1.11%	Reduced -263.0k	-263,000 -15.9%
13	PIONEER NAT RES CO NOTE 0.250% 5/1 · principal PXD 0.25 05.15.25 · principal	PXD 0.25 05.15.25	49,894,000	$116.6m1.03%	1.03%	Unchanged
14	ENBRIDGE INC COM ENB	ENB	2,974,505	$116.2m1.03%	1.03%	Reduced -660.5k	-660,500 -18.2%
15	CGI INC CL A SUB VTG GIB	GIB	1,344,894	$115.8m1.02%	1.02%	Reduced -38.0k	-38,005 -2.8%
16	ISHARES TR RUSSELL 2000 ETF IWM	IWM	620,100	$108.1m0.96%	0.96%	Reduced -30.5k	-30,500 -4.7%
17	GILEAD SCIENCES INC COM GILD	GILD	1,227,191	$105.4m0.93%	0.93%	Reduced -54.4k	-54,406 -4.2%
18	MICROSOFT CORP COM MSFT	MSFT	433,257	$103.9m0.92%	0.92%	Reduced -343.4k	-343,394 -44.2%
19	TELUS CORPORATION COM TU	TU	5,019,818	$96.8m0.86%	0.86%	Reduced -327.6k	-327,615 -6.1%
20	MANULIFE FINL CORP COM MFC	MFC	5,308,976	$94.6m0.84%	0.84%	Reduced -212.6k	-212,637 -3.9%
21	TECK RESOURCES LTD CL B TECK	TECK	2,499,131	$94.4m0.83%	0.83%	Reduced -377.4k	-377,386 -13.1%
22	FRANCO NEV CORP COM FNV	FNV	650,784	$88.6m0.78%	0.78%	Reduced -72.7k	-72,713 -10.1%
23	BCE INC COM NEW BCE	BCE	1,798,983	$79.0m0.70%	0.70%	Reduced -494.9k	-494,900 -21.6%
24	AGNICO EAGLE MINES LTD COM AEM	AEM	1,512,073	$78.5m0.69%	0.69%	Added +127.2k	+127,197 9.2%
25	UNITEDHEALTH GROUP INC COM UNH	UNH	144,531	$76.6m0.68%	0.68%	Reduced -47.6k	-47,567 -24.8%
26	APPLE INC COM AAPL	AAPL	553,936	$72.0m0.64%	0.64%	Reduced -623.5k	-623,536 -53.0%
27	VISA INC COM CL A V	V	344,875	$71.7m0.63%	0.63%	Reduced -136.7k	-136,650 -28.4%
28	SUN LIFE FINANCIAL INC. COM SLF	SLF	1,468,272	$68.1m0.60%	0.60%	Reduced -381.0k	-381,000 -20.6%
29	FIRST CTZNS BANCSHARES INC N CL A FCNCA	FCNCA	83,476	$63.3m0.56%	0.56%	Reduced -35.6k	-35,610 -29.9%
30	AMERICAN EXPRESS CO COM AXP	AXP	406,049	$60.0m0.53%	0.53%	Reduced -52.6k	-52,588 -11.5%
31	ALPHABET INC CAP STK CL A GOOGL	GOOGL	669,920	$59.1m0.52%	0.52%	Reduced -97.1k	-97,096 -12.7%
32	RESTAURANT BRANDS INTL INC COM QSR	QSR	909,510	$58.8m0.52%	0.52%	Added +42.2k	+42,167 4.9%
33	MERCADOLIBRE INC COM MELI	MELI	68,383	$57.9m0.51%	0.51%	Added +6.1k	+6,072 9.7%
34	ROGERS COMMUNICATIONS INC CL B RCI	RCI	1,234,817	$57.8m0.51%	0.51%	Added +69.4k	+69,358 6.0%
35	THOMSON REUTERS CORP. COM NEW COM NEW		504,815	$57.5m0.51%	0.51%	Reduced -31.0k	-31,000 -5.8%
36	WASTE CONNECTIONS INC COM WCN	WCN	423,750	$56.1m0.50%	0.50%	Reduced -12.5k	-12,500 -2.9%
37	PEMBINA PIPELINE CORP COM PBA	PBA	1,648,025	$55.9m0.49%	0.49%	Reduced -179.2k	-179,180 -9.8%
38	COLLIERS INTL GROUP INC SUB VTG SHS CIGI	CIGI	604,958	$55.5m0.49%	0.49%	Reduced -25.9k	-25,911 -4.1%
39	CENOVUS ENERGY INC COM CVE	CVE	2,838,808	$55.0m0.49%	0.49%	Reduced -2.4m	-2,351,709 -45.3%
40	ACTIVISION BLIZZARD INC COM ATVI	ATVI	711,424	$54.5m0.48%	0.48%	Added +331.4k	+331,400 87.2%
41	ENVISTA HOLDINGS CORPORATION NOTE 2.375% 6/0 · principal NVST 2.375 06.01.25 · principal	NVST 2.375 06.01.25	30,000,000	$50.7m0.45%	0.45%	Added +5.0m	+5,000,000 20.0%
42	ORACLE CORP COM ORCL	ORCL	599,521	$49.0m0.43%	0.43%	Reduced -149.8k	-149,809 -20.0%
43	DUPONT DE NEMOURS INC COM DWDP	DWDP	697,195	$47.8m0.42%	0.42%	Reduced -40.9k	-40,900 -5.5%
44	S&P GLOBAL INC COM SPGI	SPGI	140,621	$47.1m0.42%	0.42%	Reduced -20.6k	-20,557 -12.8%
45	WALGREENS BOOTS ALLIANCE INC COM WBA	WBA	1,257,100	$47.0m0.42%	0.42%	Unchanged
46	BECTON DICKINSON & CO COM BDX	BDX	184,341	$46.9m0.41%	0.41%	Reduced -5.2k	-5,221 -2.8%
47	STANTEC INC COM STN	STN	974,307	$46.7m0.41%	0.41%	Reduced -357.7k	-357,681 -26.9%
48	LEAR CORP COM NEW LEA	LEA	362,809	$45.0m0.40%	0.40%	Unchanged
49	MOLSON COORS BEVERAGE CO CL B TAP	TAP	869,282	$44.8m0.40%	0.40%	Unchanged
50	WHEATON PRECIOUS METALS CORP COM WPM	WPM	1,139,791	$44.5m0.39%	0.39%	Reduced -212.8k	-212,800 -15.7%
51	EQT CORP NOTE 1.750% 5/0 · principal EQT 1.75 05.01.26 · principal	EQT 1.75 05.01.26	19,000,000	$44.3m0.39%	0.39%	Unchanged
52	BOOKING HOLDINGS INC COM BKNG	BKNG	21,794	$43.9m0.39%	0.39%	Reduced -2.8k	-2,800 -11.4%
53	MARSH & MCLENNAN COS INC COM MRSH	MRSH	254,693	$42.1m0.37%	0.37%	Reduced -146.1k	-146,073 -36.5%
54	SILICON LABORATORIES INC NOTE 0.625% 6/1 · principal SLAB 0.625 06.15.25 · principal	SLAB 0.625 06.15.25	33,500,000	$42.1m0.37%	0.37%	Unchanged
55	AMAZON COM INC COM AMZN	AMZN	497,334	$41.8m0.37%	0.37%	Reduced -495.4k	-495,394 -49.9%
56	SHAW COMMUNICATIONS INC CL B CONV CL B CONV		1,362,978	$39.2m0.35%	0.35%	Reduced -253.9k	-253,900 -15.7%
57	BANK NEW YORK MELLON CORP COM BNY	BNY	840,278	$38.2m0.34%	0.34%	Reduced -84.0k	-83,983 -9.1%
58	HCA HEALTHCARE INC COM HCA	HCA	157,900	$37.9m0.34%	0.34%	Reduced -14.5k	-14,500 -8.4%
59	TJX COS INC NEW COM TJX	TJX	472,560	$37.6m0.33%	0.33%	Reduced -55.7k	-55,700 -10.5%
60	GEN DIGITAL INC COM GEN	GEN	1,749,693	$37.5m0.33%	0.33%	Added +181.7k	+181,700 11.6%
61	META PLATFORMS INC CL A META	META	310,005	$37.3m0.33%	0.33%	Reduced -20.2k	-20,244 -6.1%
62	SYSCO CORP COM SYY	SYY	482,759	$36.9m0.33%	0.33%	Reduced -19.3k	-19,300 -3.8%
63	STATE STR CORP COM STT	STT	475,780	$36.9m0.33%	0.33%	Reduced -40.8k	-40,757 -7.9%
64	HENRY SCHEIN INC COM HSIC	HSIC	448,622	$35.8m0.32%	0.32%	Reduced -34.0k	-34,006 -7.0%
65	VERIZON COMMUNICATIONS INC COM VZ	VZ	901,736	$35.5m0.31%	0.31%	Added +168.2k	+168,208 22.9%
66	INSULET CORP NOTE 0.375% 9/0 · principal PODD 0.375 09.01.26 · principal	PODD 0.375 09.01.26	25,000,000	$35.4m0.31%	0.31%	Added +11.0m	+11,000,000 78.6%
67	MOTOROLA SOLUTIONS INC COM NEW MSI	MSI	137,131	$35.3m0.31%	0.31%	Reduced -1.8k	-1,801 -1.3%
68	BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG SHS BAM	BAM	1,227,474	$35.1m0.31%	0.31%	New
69	MERCK & CO INC COM MRK	MRK	315,113	$35.0m0.31%	0.31%	Reduced -109.9k	-109,904 -25.9%
70	TFI INTL INC COM TFII	TFII	340,072	$34.0m0.30%	0.30%	Reduced -9.4k	-9,400 -2.7%
71	EDGEWELL PERS CARE CO COM EPC	EPC	882,098	$34.0m0.30%	0.30%	Reduced -4.7k	-4,700 -0.5%
72	CDW CORP COM CDW	CDW	189,696	$33.9m0.30%	0.30%	Unchanged
73	JOHNSON & JOHNSON COM JNJ	JNJ	191,156	$33.8m0.30%	0.30%	Reduced -160.4k	-160,412 -45.6%
74	GILDAN ACTIVEWEAR INC COM GIL	GIL	1,223,462	$33.5m0.30%	0.30%	Reduced -26.3k	-26,283 -2.1%
75	PALO ALTO NETWORKS INC NOTE 0.375% 6/0 · principal PANW 0.375 06.01.25 · principal	PANW 0.375 06.01.25	22,500,000	$33.3m0.29%	0.29%	Unchanged
76	SCHWAB CHARLES CORP COM SCHW	SCHW	397,224	$33.1m0.29%	0.29%	Reduced -159.1k	-159,080 -28.6%
77	MAGNA INTL INC COM MGA	MGA	589,079	$33.1m0.29%	0.29%	Added +44.4k	+44,430 8.2%
78	LIBERTY MEDIA CORP DEL COM C SIRIUSXM LSXMK	LSXMK	815,285	$31.9m0.28%	0.28%	Added +13.0k	+13,000 1.6%
79	FISERV INC COM FISV	FISV	313,500	$31.7m0.28%	0.28%	Reduced -114.4k	-114,435 -26.7%
80	IQVIA HLDGS INC COM IQV	IQV	153,302	$31.4m0.28%	0.28%	Reduced -1.1k	-1,100 -0.7%
81	MOODYS CORP COM MCO	MCO	112,281	$31.3m0.28%	0.28%	Reduced -8.6k	-8,600 -7.1%
82	IMPERIAL OIL LTD COM NEW IMO	IMO	640,658	$31.2m0.28%	0.28%	Reduced -17.2k	-17,242 -2.6%
83	FIDELITY NATL INFORMATION SV COM FIS	FIS	423,677	$28.7m0.25%	0.25%	Reduced -279.0k	-279,002 -39.7%
84	MARATHON PETE CORP COM MPC	MPC	246,500	$28.7m0.25%	0.25%	Unchanged
85	CHARTER COMMUNICATIONS INC N CL A CHTR	CHTR	84,301	$28.6m0.25%	0.25%	Reduced -14.6k	-14,602 -14.8%
86	SAREPTA THERAPEUTICS INC DEBT 1.250% 9/1 · principal DEBT 1.250% 9/1 · principal		24,500,000	$28.4m0.25%	0.25%	Added +5.0m	+5,000,000 25.6%
87	DEXCOM INC COM DXCM	DXCM	245,612	$27.8m0.25%	0.25%	Unchanged
88	NEWMONT CORP COM NEM	NEM	587,265	$27.7m0.25%	0.25%	Added +26.0k	+26,014 4.6%
89	PEPSICO INC COM PEP	PEP	151,172	$27.3m0.24%	0.24%	Reduced -110.2k	-110,213 -42.2%
90	EXXON MOBIL CORP COM XOM	XOM	241,371	$26.6m0.24%	0.24%	Added +3.3k	+3,266 1.4%
91	AMERICAN ELEC PWR CO INC COM AEP	AEP	279,441	$26.5m0.23%	0.23%	Added +187.3k	+187,303 203.3%
92	CISCO SYS INC COM CSCO	CSCO	543,271	$25.9m0.23%	0.23%	Added +150.5k	+150,500 38.3%
93	KBR INC NOTE 2.500%11/0 · principal KBR 2.5 11.01.23 · principal	KBR 2.5 11.01.23	12,000,000	$25.4m0.22%	0.22%	Unchanged
94	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	65,530	$25.1m0.22%	0.22%	New
95	SCHLUMBERGER LTD COM STK SLB	SLB	464,975	$24.9m0.22%	0.22%	Reduced -14.6k	-14,636 -3.0%
96	CVS HEALTH CORP COM CVS	CVS	258,711	$24.1m0.21%	0.21%	Reduced -152.2k	-152,179 -37.0%
97	REXFORD INDL RLTY INC COM REXR	REXR	441,204	$24.1m0.21%	0.21%	Unchanged
98	PALO ALTO NETWORKS INC NOTE 0.750% 7/0 · principal PANW 0.75 07.01.23 · principal	PANW 0.75 07.01.23	15,000,000	$23.8m0.21%	0.21%	Unchanged
99	VERMILION ENERGY INC COM VET	VET	1,333,600	$23.6m0.21%	0.21%	Added +13.7k	+13,700 1.0%
100	FIRST INDL RLTY TR INC COM FR	FR	478,390	$23.1m0.20%	0.20%	Unchanged

Sold out since Q3 2022

Security	Ticker	Shares held before	Value then
BROOKFIELD ASSET MGMT INC		5,293,231	$217.7m5.3m shares
UNITED STS OIL FD LP USO	USO	1,000,000	$65.3m1.0m shares
ISHARES INC EWJ	EWJ	1,000,000	$48.9m1.0m shares
KKR ACQUISITION HOLDING I CO		3,590,000	$35.3m3.6m shares
TRINE II ACQUISITION CORP		2,970,000	$30.1m3.0m shares
TURQUOISE HILL RES LTD TRQ	TRQ	975,500	$29.0m975.5k shares
FORTRESS VALUE ACQUISI CORP		2,200,102	$21.6m2.2m shares
DICKS SPORTING GOODS INC DKS 3.25 04.15.25	DKS 3.25 04.15.25	6,500,000	$21.3m6.5m shares
MASTERCARD INCORPORATED MA	MA	68,700	$19.5m68.7k shares
LIBERTY MEDIA ACQUISITION CO		1,824,250	$18.1m1.8m shares
AMERICAN TOWER CORP NEW AMT	AMT	80,833	$17.4m80.8k shares
DUKE REALTY CORP DRE	DRE	317,100	$15.3m317.1k shares
CITIGROUP INC C	C	364,463	$15.2m364.5k shares
KKR ACQUISITION HOLDING I CO KAHC.U	KAHC.U	1,500,000	$14.8m1.5m shares
SIERRA LAKE ACQUISITION CORP		1,470,000	$14.7m1.5m shares
ISHARES TR FXI	FXI	525,000	$13.6m525.0k shares
LONGVIEW ACQUISITION CORP II LGV	LGV	1,355,000	$13.3m1.4m shares
SWITCH INC SWCH	SWCH	385,057	$13.0m385.1k shares
KRANESHARES TRUST KWEB	KWEB	500,000	$12.3m500.0k shares
GORES HOLDINGS VII INC		1,200,000	$11.8m1.2m shares
ANALOG DEVICES INC ADI	ADI	83,900	$11.7m83.9k shares
GORES TECHNOLOGY PARTNERS II		1,100,000	$10.8m1.1m shares
CHANGE HEALTHCARE INC CHNG	CHNG	383,900	$10.6m383.9k shares
EQT CORP EQT	EQT	250,600	$10.2m250.6k shares
ALLEGHANY CORP MD Y	Y	12,000	$10.1m12.0k 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
EQUITY COMWLTH EQC · 13G · filed 2024-12-23	EQC	8.1%	new	13G	2024-12-23
FORTRESS VALUE ACQU CORP V FVAV · 13G · filed 2026-03-04	FVAV	7.9%≈ $20.2m	new	13G	2026-03-04
VESTIS CORPORATION VSTS · 13G · filed 2025-07-31	VSTS	7.4%≈ $140.7m	+2.3 pts	13G	2025-07-31
PERIMETER ACQUISITION CORP I PMTR · 13G · filed 2025-05-19	PMTR	6.1%	new	13G	2025-05-19

Trades reported as a company insider in Q4 2022

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
2022-11-15	HAYWARD HLDGS INC 10% owner · See footnote	HAYW	Sold	2,826,936	$27.9m2.8m shares	-11%