Alberta Investment Management Corp

EDMONTON, A0 · CIK 1463559 · 13F filing filed 2023-11-14

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.

$9.3bn reported value -10.2% vs Q2 2023

1,044positions

21.7%in top 10

48 new 142 added 259 reduced 225 sold out vs Q2 2023

Holdings, Q3 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	ROYAL BK CDA COM RY	RY	3,340,330	$293.3m3.14%	3.14%	Added +255.4k	+255,387 8.3%
2	TORONTO DOMINION BK ONT COM NEW TD	TD	4,762,908	$288.3m3.09%	3.09%	Reduced -30.8k	-30,843 -0.6%
3	SUNCOR ENERGY INC NEW COM SU	SU	7,630,881	$263.6m2.82%	2.82%	Added +4.1m	+4,062,019 113.8%
4	CANADIAN NAT RES LTD COM CNQ	CNQ	3,237,831	$210.4m2.25%	2.25%	Added +17.1k	+17,100 0.5%
5	BANK NOVA SCOTIA HALIFAX COM BNS	BNS	4,015,347	$180.8m1.94%	1.94%	Added +261.6k	+261,551 7.0%
6	ENBRIDGE INC COM ENB	ENB	4,953,563	$165.1m1.77%	1.77%	Added +1.9m	+1,921,200 63.4%
7	CANADIAN PACIFIC KANSAS CITY COM CP	CP	2,192,377	$163.7m1.75%	1.75%	Reduced -183.5k	-183,455 -7.7%
8	CANADIAN NATL RY CO COM CNI	CNI	1,485,125	$161.6m1.73%	1.73%	Reduced -11.3k	-11,304 -0.8%
9	TC ENERGY CORP COM TRP	TRP	4,538,838	$156.8m1.68%	1.68%	Unchanged
10	MICROSOFT CORP COM MSFT	MSFT	446,733	$141.1m1.51%	1.51%	Reduced -21.1k	-21,130 -4.5%
11	BROOKFIELD CORP CL A LTD VT SH BN	BN	3,695,471	$116.1m1.24%	1.24%	Reduced -134.8k	-134,800 -3.5%
12	BANK MONTREAL QUE COM BMO	BMO	1,369,259	$116.0m1.24%	1.24%	Added +53.9k	+53,934 4.1%
13	SUN LIFE FINANCIAL INC. COM SLF	SLF	2,316,743	$113.6m1.22%	1.22%	Added +258.8k	+258,800 12.6%
14	META PLATFORMS INC CL A META	META	335,968	$100.9m1.08%	1.08%	Reduced -18.1k	-18,135 -5.1%
15	VISA INC COM CL A V	V	429,596	$98.8m1.06%	1.06%	Added +16.1k	+16,115 3.9%
16	TECK RESOURCES LTD CL B TECK	TECK	2,253,331	$97.4m1.04%	1.04%	Added +411.9k	+411,950 22.4%
17	CGI INC CL A SUB VTG GIB	GIB	965,104	$95.6m1.02%	1.02%	Reduced -32.4k	-32,400 -3.2%
18	AMAZON COM INC COM AMZN	AMZN	745,686	$94.8m1.02%	1.02%	Reduced -35.9k	-35,943 -4.6%
19	ALPHABET INC CAP STK CL A GOOGL	GOOGL	715,120	$93.6m1.00%	1.00%	Reduced -23.1k	-23,100 -3.1%
20	APPLE INC COM AAPL	AAPL	541,936	$92.8m0.99%	0.99%	Reduced -5.6k	-5,605 -1.0%
21	AGNICO EAGLE MINES LTD COM AEM	AEM	1,957,250	$89.4m0.96%	0.96%	Added +286.6k	+286,600 17.1%
22	ISHARES TR RUSSELL 2000 ETF IWM	IWM	492,100	$87.0m0.93%	0.93%	Unchanged
23	ACTIVISION BLIZZARD INC COM ATVI	ATVI	897,959	$84.1m0.90%	0.90%	Added +199.4k	+199,359 28.5%
24	NUTRIEN LTD COM NTR	NTR	1,320,932	$82.0m0.88%	0.88%	Added +142.3k	+142,300 12.1%
25	NVIDIA CORPORATION COM NVDA	NVDA	176,282	$76.7m0.82%	0.82%	Added +30.6k	+30,600 21.0%
26	BCE INC COM NEW BCE	BCE	1,993,490	$76.5m0.82%	0.82%	Unchanged
27	CENOVUS ENERGY INC COM CVE	CVE	3,504,109	$73.3m0.79%	0.79%	Added +61.9k	+61,875 1.8%
28	UNITEDHEALTH GROUP INC COM UNH	UNH	136,334	$68.7m0.74%	0.74%	Added +16.9k	+16,925 14.2%
29	MERCADOLIBRE INC COM MELI	MELI	54,090	$68.6m0.73%	0.73%	Added +106	+106 0.2%
30	MANULIFE FINL CORP COM MFC	MFC	3,445,000	$63.2m0.68%	0.68%	Added +468.6k	+468,600 15.7%
31	AMERICAN EXPRESS CO COM AXP	AXP	420,549	$62.7m0.67%	0.67%	Unchanged
32	GILEAD SCIENCES INC COM GILD	GILD	817,383	$61.3m0.66%	0.66%	Reduced -99.6k	-99,591 -10.9%
33	RESTAURANT BRANDS INTL INC COM QSR	QSR	904,500	$60.5m0.65%	0.65%	Added +50.0k	+49,962 5.8%
34	PALO ALTO NETWORKS INC NOTE 0.375% 6/0 · principal PANW 0.375 06.01.25 · principal	PANW 0.375 06.01.25	25,000,000	$59.0m0.63%	0.63%	Unchanged
35	FRANCO NEV CORP COM FNV	FNV	437,383	$58.7m0.63%	0.63%	Reduced -81.9k	-81,900 -15.8%
36	FIDELITY NATL INFORMATION SV COM FIS	FIS	1,055,180	$58.3m0.62%	0.62%	Added +581.2k	+581,200 122.6%
37	S&P GLOBAL INC COM SPGI	SPGI	157,438	$57.5m0.62%	0.62%	Added +6.9k	+6,860 4.6%
38	EQT CORP NOTE 1.750% 5/0 · principal EQT 1.75 05.01.26 · principal	EQT 1.75 05.01.26	20,250,000	$56.5m0.61%	0.61%	Unchanged
39	ROGERS COMMUNICATIONS INC CL B RCI	RCI	1,460,566	$56.3m0.60%	0.60%	Added +12.9k	+12,900 0.9%
40	COLLIERS INTL GROUP INC SUB VTG SHS CIGI	CIGI	587,671	$56.2m0.60%	0.60%	Added +51.0k	+50,973 9.5%
41	STANTEC INC COM STN	STN	858,970	$56.0m0.60%	0.60%	Added +46.2k	+46,179 5.7%
42	SPECTRUM BRANDS HLDGS INC NE COM SPB	SPB	693,600	$54.3m0.58%	0.58%	Added +85.0k	+85,000 14.0%
43	DUPONT DE NEMOURS INC COM DWDP	DWDP	715,795	$53.4m0.57%	0.57%	Unchanged
44	CENTENE CORP DEL COM CNC	CNC	758,000	$52.2m0.56%	0.56%	Added +140.9k	+140,900 22.8%
45	ALPHABET INC CAP STK CL C GOOG	GOOG	394,857	$52.1m0.56%	0.56%	Reduced -7.9k	-7,923 -2.0%
46	TELUS CORPORATION COM TU	TU	3,166,300	$51.9m0.56%	0.56%	Added +46.0k	+46,000 1.5%
47	FIRST CTZNS BANCSHARES INC N CL A FCNCA	FCNCA	36,676	$50.6m0.54%	0.54%	Reduced -11.0k	-11,000 -23.1%
48	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	923,789	$50.6m0.54%	0.54%	Reduced -1.2m	-1,166,813 -55.8%
49	LEAR CORP COM NEW LEA	LEA	370,344	$49.7m0.53%	0.53%	Unchanged
50	PEMBINA PIPELINE CORP COM PBA	PBA	1,585,095	$47.9m0.51%	0.51%	Added +19.8k	+19,800 1.3%
51	BOOKING HOLDINGS INC COM BKNG	BKNG	15,294	$47.2m0.51%	0.51%	Reduced -2.6k	-2,600 -14.5%
52	TJX COS INC NEW COM TJX	TJX	499,160	$44.4m0.48%	0.48%	Unchanged
53	BARRICK GOLD CORP COM COM		3,030,311	$44.2m0.47%	0.47%	Unchanged
54	ORACLE CORP COM ORCL	ORCL	404,200	$42.8m0.46%	0.46%	Reduced -60.2k	-60,200 -13.0%
55	THOMSON REUTERS CORP COM COM		347,933	$42.8m0.46%	0.46%	Reduced -141.4k	-141,365 -28.9%
56	CDW CORP COM CDW	CDW	210,796	$42.5m0.46%	0.46%	Unchanged
57	GEN DIGITAL INC COM GEN	GEN	2,395,260	$42.3m0.45%	0.45%	Reduced -236.3k	-236,313 -9.0%
58	MARSH & MCLENNAN COS INC COM MRSH	MRSH	214,892	$40.9m0.44%	0.44%	Reduced -29.7k	-29,745 -12.2%
59	BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG SHS BAM	BAM	1,189,015	$39.8m0.43%	0.43%	Added +124.2k	+124,200 11.7%
60	MOLSON COORS BEVERAGE CO CL B TAP	TAP	610,466	$38.8m0.42%	0.42%	Reduced -221.0k	-221,016 -26.6%
61	WHEATON PRECIOUS METALS CORP COM WPM	WPM	950,337	$38.7m0.41%	0.41%	Added +25.5k	+25,500 2.8%
62	BECTON DICKINSON & CO COM BDX	BDX	144,535	$37.4m0.40%	0.40%	Reduced -27.2k	-27,152 -15.8%
63	PDD HOLDINGS INC SPONSORED ADS PDD	PDD	380,852	$37.4m0.40%	0.40%	Added +65.1k	+65,080 20.6%
64	SYSCO CORP COM SYY	SYY	558,469	$36.9m0.40%	0.40%	Added +13.2k	+13,250 2.4%
65	CANADIAN IMPERIAL BANK OF CO COM CM	CM	949,100	$36.8m0.39%	0.39%	Added +122.9k	+122,900 14.9%
66	FISERV INC COM FISV	FISV	325,800	$36.8m0.39%	0.39%	Unchanged
67	MOODYS CORP COM MCO	MCO	115,881	$36.6m0.39%	0.39%	Unchanged
68	HCA HEALTHCARE INC COM HCA	HCA	144,100	$35.4m0.38%	0.38%	Reduced -18.2k	-18,200 -11.2%
69	BANK NEW YORK MELLON CORP COM BNY	BNY	811,451	$34.6m0.37%	0.37%	Unchanged
70	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	385,211	$33.5m0.36%	0.36%	Reduced -10.2k	-10,157 -2.6%
71	IQVIA HLDGS INC COM IQV	IQV	168,502	$33.2m0.36%	0.36%	Unchanged
72	STATE STR CORP COM STT	STT	483,080	$32.3m0.35%	0.35%	Unchanged
73	ON SEMICONDUCTOR CORP NOTE 5/0 · principal ON 0 05.01.27 · principal	ON 0 05.01.27	17,500,000	$31.6m0.34%	0.34%	Added +7.5m	+7,500,000 75.0%
74	DOLLAR GEN CORP NEW COM DG	DG	279,323	$29.6m0.32%	0.32%	Added +95.9k	+95,913 52.3%
75	ELI LILLY & CO COM LLY	LLY	54,787	$29.4m0.32%	0.32%	Reduced -1.2k	-1,240 -2.2%
76	WALGREENS BOOTS ALLIANCE INC COM WBA	WBA	1,272,600	$28.3m0.30%	0.30%	Unchanged
77	KBR INC NOTE 2.500%11/0 · principal KBR 2.5 11.01.23 · principal	KBR 2.5 11.01.23	12,000,000	$28.2m0.30%	0.30%	Unchanged
78	ATS CORPORATION COM ATS	ATS	646,400	$27.7m0.30%	0.30%	Added +17.4k	+17,400 2.8%
79	WASTE CONNECTIONS INC COM WCN	WCN	203,581	$27.5m0.29%	0.29%	Reduced -100.0k	-100,000 -32.9%
80	MAGNA INTL INC COM MGA	MGA	505,281	$27.2m0.29%	0.29%	Added +10.6k	+10,600 2.1%
81	GILDAN ACTIVEWEAR INC COM GIL	GIL	923,200	$26.0m0.28%	0.28%	Added +109.3k	+109,300 13.4%
82	MERCK & CO INC COM MRK	MRK	249,572	$25.7m0.28%	0.28%	Reduced -273.2k	-273,182 -52.3%
83	SALESFORCE INC COM CRM	CRM	124,038	$25.2m0.27%	0.27%	Reduced -6.0k	-5,959 -4.6%
84	UNITED STATES STL CORP NOTE 5.000%11/0 · principal X 5 11.01.26 · principal	X 5 11.01.26	10,000,000	$24.9m0.27%	0.27%	Unchanged
85	ROYAL CARIBBEAN GROUP NOTE 6.000% 8/1 · principal RCL 6 08.15.25 · principal	RCL 6 08.15.25	12,500,000	$24.7m0.27%	0.27%	New
86	WIDEOPENWEST INC COM WOW	WOW	3,228,860	$24.7m0.26%	0.26%	Added +684.7k	+684,699 26.9%
87	MADISON SQUARE GARDEN ENTMT COM CL A MSGE	MSGE	735,375	$24.2m0.26%	0.26%	Added +150.0k	+150,000 25.6%
88	IMPERIAL OIL LTD COM NEW IMO	IMO	384,132	$23.8m0.25%	0.25%	Added +72.2k	+72,213 23.1%
89	DEXCOM INC COM DXCM	DXCM	254,612	$23.8m0.25%	0.25%	Unchanged
90	FORTIS INC COM FTS	FTS	615,028	$23.5m0.25%	0.25%	Added +71.1k	+71,055 13.1%
91	TESLA INC COM TSLA	TSLA	93,070	$23.3m0.25%	0.25%	Unchanged
92	LIBERTY MEDIA CORP DEL COM LBTY SRM S C LSXMK	LSXMK	905,585	$23.1m0.25%	0.25%	New
93	BAUSCH PLUS LOMB CORP COMMON SHARES BLCO	BLCO	1,351,793	$22.9m0.25%	0.25%	Added +380.0k	+380,000 39.1%
94	FIRST INDL RLTY TR INC COM FR	FR	478,390	$22.8m0.24%	0.24%	Unchanged
95	LIBERTY MEDIA CORP DEL COM LBTY LIV S A COM LBTY LIV S A		694,951	$22.2m0.24%	0.24%	New
96	NETFLIX INC COM NFLX	NFLX	58,153	$22.0m0.24%	0.24%	Reduced -28.3k	-28,274 -32.7%
97	REXFORD INDL RLTY INC COM REXR	REXR	441,204	$21.8m0.23%	0.23%	Unchanged
98	LAM RESEARCH CORP COM COM		34,310	$21.5m0.23%	0.23%	Reduced -4.8k	-4,774 -12.2%
99	PG&E CORP COM PCG	PCG	1,331,529	$21.5m0.23%	0.23%	Reduced -36.5k	-36,545 -2.7%
100	SONY GROUP CORP SPONSORED ADR SONY	SONY	260,000	$21.4m0.23%	0.23%	Added +60.0k	+60,000 30.0%

Sold out since Q2 2023

Security	Ticker	Shares held before	Value then
HAYWARD HLDGS INC HAYW	HAYW	7,865,872	$101.1m7.9m shares
PIONEER NAT RES CO PXD 0.25 05.15.25	PXD 0.25 05.15.25	37,000,000	$81.4m37.0m shares
ENVISTA HOLDINGS CORPORATION NVST 2.375 06.01.25	NVST 2.375 06.01.25	30,000,000	$50.4m30.0m shares
LIBERTY MEDIA CORP DEL LSXMK	LSXMK	905,585	$29.6m905.6k shares
COPA HOLDINGS SA CPA 4.5 04.15.25	CPA 4.5 04.15.25	12,000,000	$26.7m12.0m shares
WIX COM LTD WIX 0 07.01.23	WIX 0 07.01.23	25,000,000	$25.0m25.0m shares
HENRY SCHEIN INC HSIC	HSIC	200,729	$16.3m200.7k shares
LIBERTY MEDIA CORP DEL LSXMA	LSXMA	467,807	$15.3m467.8k shares
KKR & CO INC KKR 6 09.15.23 C	KKR 6 09.15.23 C	225,000	$14.9m225.0k shares
WOLFSPEED INC WOLF 1.75 05.01.26	WOLF 1.75 05.01.26	10,000,000	$13.5m10.0m shares
UNIVAR SOLUTIONS INC UNVR	UNVR	355,066	$12.7m355.1k shares
NUVASIVE INC NUVA	NUVA	288,302	$12.0m288.3k shares
CAMPBELL SOUP CO CPB	CPB	245,651	$11.2m245.7k shares
FLOWERS FOODS INC FLO	FLO	343,485	$8.5m343.5k shares
M3 BRIGADE ACQUISITION III		750,000	$7.8m750.0k shares
FTAC ZEUS ACQUISITION COR		750,000	$7.8m750.0k shares
RB GLOBAL INC RBA	RBA	129,500	$7.8m129.5k shares
BERKLEY W R CORP WRB	WRB	127,172	$7.6m127.2k shares
NEWMARKET CORP NEU	NEU	16,819	$6.8m16.8k shares
TLG ACQUISITION ONE CORP		600,000	$6.3m600.0k shares
GRAND CANYON ED INC LOPE	LOPE	60,837	$6.3m60.8k shares
ABERCROMBIE & FITCH CO ANF	ANF	145,999	$5.5m146.0k shares
LENNOX INTL INC LII	LII	16,736	$5.5m16.7k shares
HANOVER INS GROUP INC THG	THG	48,032	$5.4m48.0k shares
SOUTHPORT ACQUISITION CORP		500,000	$5.3m500.0k 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