Alberta Investment Management Corp

EDMONTON, A0 · CIK 1463559 · 13F filing filed 2026-04-29

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.

$16.2bn reported value -2.8% vs Q4 2025

577positions

51.1%in top 10

190 new 67 added 77 reduced 358 sold out vs Q4 2025

Options: 0 call positions (— notional), 3 put positions ($436.4m notional) – listed below, not included above.

Holdings, Q1 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	ISHARES TR CORE S&P500 ETF IVV	IVV	5,805,305	$3.8bn23.36%	23.36%	Reduced -1.2m	-1,201,557 -17.1%
2	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	3,358,186	$2.0bn12.36%	12.36%	Added +1.4m	+1,406,714 72.1%
3	CANADIAN NAT RES LTD COM CNQ	CNQ	8,876,883	$433.1m2.67%	2.67%	Added +6.9m	+6,851,383 338.3%
4	TORONTO DOMINION BK ONT COM NEW TD	TD	4,195,116	$391.9m2.41%	2.41%	Added +1.0m	+1,013,316 31.9%
5	ROYAL BK CDA COM RY	RY	2,200,448	$355.8m2.19%	2.19%	Added +298.6k	+298,561 15.7%
6	BANK NOVA SCOTIA HALIFAX COM BNS	BNS	4,561,621	$316.4m1.95%	1.95%	Added +2.9m	+2,920,621 178.0%
7	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	396,165	$257.6m1.59%	1.59%	Reduced -185.2k	-185,155 -31.9%
8	TC ENERGY CORP COM TRP	TRP	4,004,271	$250.8m1.54%	1.54%	Added +3.0m	+2,993,633 296.2%
9	CENOVUS ENERGY INC COM CVE	CVE	9,217,453	$244.7m1.51%	1.51%	Added +3.7m	+3,698,628 67.0%
10	SUNCOR ENERGY INC NEW COM SU	SU	3,672,929	$243.0m1.50%	1.50%	Added +1.6m	+1,556,029 73.5%
11	AGNICO EAGLE MINES LTD COM AEM	AEM	1,154,371	$234.4m1.44%	1.44%	Added +9.3k	+9,257 0.8%
12	CANADIAN IMPERIAL BANK OF CO COM CM	CM	2,143,585	$203.2m1.25%	1.25%	Added +1.9m	+1,882,485 721.0%
13	WESTERN DIGITAL CORP NOTE 3.000%11/1 · principal WDC 3 11.15.28 · principal	WDC 3 11.15.28	25,000,000	$179.3m1.10%	1.10%	Reduced -20.0m	-20,000,000 -44.4%
14	MICROSTRATEGY INC CL A NEW MSTR	MSTR	1,382,000	$172.5m1.06%	1.06%	New
15	SEAGATE HDD CAYMAN NOTE 3.500% 6/0 · principal STX 3.5 06.01.28 · principal	STX 3.5 06.01.28	32,500,000	$153.8m0.95%	0.95%	Unchanged
16	BROOKFIELD CORP CL A LTD VT SH BN	BN	3,685,309	$149.4m0.92%	0.92%	Added +220.7k	+220,707 6.4%
17	INTERDIGITAL INC NOTE 3.500% 6/0 · principal IDCC 3.5 06.01.27 · principal	IDCC 3.5 06.01.27	30,000,000	$116.8m0.72%	0.72%	Unchanged
18	BANK MONTREAL QUE COM BMO	BMO	842,168	$114.1m0.70%	0.70%	Reduced -158.1k	-158,132 -15.8%
19	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	927,408	$110.1m0.68%	0.68%	Added +339.3k	+339,310 57.7%
20	ADVANCED ENERGY INDS NOTE 2.500% 9/1 · principal AEIS 2.5 09.15.28 · principal	AEIS 2.5 09.15.28	45,000,000	$108.1m0.67%	0.67%	Added +10.0m	+10,000,000 28.6%
21	PEMBINA PIPELINE CORP COM PBA	PBA	2,155,843	$96.5m0.59%	0.59%	Added +1.7m	+1,701,343 374.3%
22	COMPOSECURE INC COM CL A GPGI	GPGI	5,405,406	$92.4m0.57%	0.57%	New
23	CANADIAN PACIFIC KANSAS CITY COM CP	CP	1,165,755	$91.8m0.57%	0.57%	Added +40.8k	+40,755 3.6%
24	JBS N.V. CL A SHS JBS	JBS	5,024,500	$90.2m0.56%	0.56%	Added +402.0k	+402,000 8.7%
25	SPHERE ENTERTAINMENT CO NOTE 3.500%12/0 · principal SPHR 3.5 12.01.28 · principal	SPHR 3.5 12.01.28	24,750,000	$83.6m0.51%	0.51%	Unchanged
26	MANULIFE FINL CORP COM MFC	MFC	2,323,084	$80.0m0.49%	0.49%	Reduced -434.8k	-434,816 -15.8%
27	CANADIAN NATL RY CO COM CNI	CNI	759,302	$78.2m0.48%	0.48%	Added +40.8k	+40,802 5.7%
28	ALPHABET INC CAP STK CL A GOOGL	GOOGL	270,000	$77.6m0.48%	0.48%	Reduced -167.5k	-167,500 -38.3%
29	SMURFIT WESTROCK PLC SHS SW	SW	1,944,236	$77.5m0.48%	0.48%	Added +548.6k	+548,600 39.3%
30	AMERICAN EXPRESS CO COM AXP	AXP	240,100	$72.6m0.45%	0.45%	Added +81.9k	+81,900 51.8%
31	ISHARES TR MSCI CHINA ETF MCHI	MCHI	1,239,380	$69.6m0.43%	0.43%	Unchanged
32	LIVE NATION ENTERTAINMENT IN NOTE 3.125% 1/1 · principal LYV 3.125 01.15.29 · principal	LYV 3.125 01.15.29	45,000,000	$68.6m0.42%	0.42%	Added +2.5m	+2,500,000 5.9%
33	FIRST CTZNS BANCSHARES INC N CL A FCNCA	FCNCA	36,176	$68.2m0.42%	0.42%	Unchanged
34	YUM CHINA HLDGS INC COM YUMC	YUMC	1,365,700	$66.6m0.41%	0.41%	Reduced -178.4k	-178,400 -11.6%
35	VESTIS CORPORATION COM SHS VSTS	VSTS	8,348,384	$65.6m0.40%	0.40%	Reduced -1.3m	-1,343,616 -13.9%
36	RESTAURANT BRANDS INTL INC COM QSR	QSR	881,080	$65.2m0.40%	0.40%	Added +15.0k	+14,980 1.7%
37	NUTRIEN LTD COM NTR	NTR	850,316	$64.2m0.40%	0.40%	Added +163.1k	+163,116 23.7%
38	SCHLUMBERGER LTD COM STK SLB	SLB	1,214,300	$62.4m0.38%	0.38%	Added +315.5k	+315,500 35.1%
39	GILEAD SCIENCES INC COM GILD	GILD	442,000	$61.6m0.38%	0.38%	Unchanged
40	SUN LIFE FINANCIAL INC. COM SLF	SLF	981,353	$61.5m0.38%	0.38%	Added +54.0k	+53,953 5.8%
41	OSI SYSTEMS INC NOTE 2.250% 8/0 · principal OSIS 2.25 08.01.29 · principal	OSIS 2.25 08.01.29	40,000,000	$61.3m0.38%	0.38%	Unchanged
42	GRANITE CONSTR INC NOTE 3.750% 5/1 · principal GVA 3.75 05.15.28 · principal	GVA 3.75 05.15.28	23,000,000	$60.5m0.37%	0.37%	Reduced -17.0m	-17,000,000 -42.5%
43	FRESHPET INC COM FRPT	FRPT	993,000	$58.5m0.36%	0.36%	Added +131.7k	+131,700 15.3%
44	SEALED AIR CORP NEW COM COM		1,391,282	$58.5m0.36%	0.36%	Reduced -1.1m	-1,146,018 -45.2%
45	STANTEC INC COM STN	STN	668,628	$57.8m0.36%	0.36%	Added +77.6k	+77,628 13.1%
46	ENBRIDGE INC COM ENB	ENB	1,055,134	$57.2m0.35%	0.35%	Reduced -1.7m	-1,718,021 -62.0%
47	UGI CORP NEW NOTE 5.000% 6/0 · principal UGI 5 06.01.28 · principal	UGI 5 06.01.28	40,000,000	$56.2m0.35%	0.35%	Added +10.0m	+10,000,000 33.3%
48	MSC INDL DIRECT INC CL A MSM	MSM	602,000	$55.5m0.34%	0.34%	Reduced -17.6k	-17,600 -2.8%
49	GILDAN ACTIVEWEAR INC COM GIL	GIL	996,661	$55.5m0.34%	0.34%	Reduced -119.9k	-119,935 -10.7%
50	HOLOGIC INC COM HOLX	HOLX	734,000	$55.5m0.34%	0.34%	Added +45.7k	+45,700 6.6%
51	PEABODY ENGR CORP NOTE 3.250% 3/0 · principal BTU 3.25 03.01.28 · principal	BTU 3.25 03.01.28	30,000,000	$55.1m0.34%	0.34%	Unchanged
52	CULLEN FROST BANKERS INC COM CFR	CFR	400,000	$54.8m0.34%	0.34%	Unchanged
53	LIBERTY LIVE HOLDINGS INC COM SER A LLYVA	LLYVA	594,000	$54.4m0.34%	0.34%	Unchanged
54	META PLATFORMS INC CL A META	META	92,000	$52.6m0.32%	0.32%	Reduced -27.1k	-27,100 -22.8%
55	TXNM ENERGY INC COM TXNM	TXNM	891,387	$52.1m0.32%	0.32%	Added +279.8k	+279,773 45.7%
56	WEBSTER FINL CORP COM WBS	WBS	700,000	$48.6m0.30%	0.30%	New
57	TECK RESOURCES LTD CL B TECK	TECK	904,367	$46.9m0.29%	0.29%	Reduced -87.9k	-87,933 -8.9%
58	LAUDER ESTEE COS INC CL A EL	EL	641,946	$46.1m0.28%	0.28%	Added +33.9k	+33,946 5.6%
59	CGI INC CL A SUB VTG GIB	GIB	627,726	$45.9m0.28%	0.28%	Reduced -72.8k	-72,774 -10.4%
60	AXIS CAP HLDGS LTD SHS AXS	AXS	450,000	$45.6m0.28%	0.28%	Unchanged
61	MKS INC. NOTE 1.250% 6/0 · principal MKSI 1.25 06.01.30 · principal	MKSI 1.25 06.01.30	27,500,000	$45.6m0.28%	0.28%	New
62	HALOZYME THERAPEUTICS INC NOTE 1.000% 8/1 · principal HALO 1 08.15.28 · principal	HALO 1 08.15.28	35,000,000	$45.1m0.28%	0.28%	Unchanged
63	SPECTRUM BRANDS HLDGS INC NE COM SPB	SPB	607,469	$44.8m0.28%	0.28%	Reduced -144.0k	-144,000 -19.2%
64	ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR BUD	BUD	645,100	$44.8m0.28%	0.28%	Unchanged
65	PATRICK INDS INC NOTE 1.750%12/0 · principal PATK 1.75 12.01.28 · principal	PATK 1.75 12.01.28	25,000,000	$43.5m0.27%	0.27%	Unchanged
66	COLLIERS INTL GROUP INC SUB VTG SHS CIGI	CIGI	403,365	$43.1m0.27%	0.27%	Added +78.2k	+78,165 24.0%
67	LEAR CORP COM NEW LEA	LEA	355,449	$43.0m0.27%	0.27%	Unchanged
68	TAMBORAN RES CORP COM TBN	TBN	858,680	$42.9m0.26%	0.26%	Unchanged
69	KENNEDY-WILSON HOLDINGS INC COM KW	KW	3,943,222	$42.7m0.26%	0.26%	Reduced -157.1k	-157,100 -3.8%
70	ALIBABA GROUP HLDG LTD NOTE 0.500% 6/0 · principal BABA 0.5 06.01.31 · principal	BABA 0.5 06.01.31	30,000,000	$41.6m0.26%	0.26%	Unchanged
71	SONY GROUP CORP SPONSORED ADR SONY	SONY	1,993,000	$41.3m0.25%	0.25%	New
72	DONNELLEY FINL SOLUTIONS INC COM DFIN	DFIN	852,611	$40.2m0.25%	0.25%	Reduced -27.0k	-26,989 -3.1%
73	AIR LEASE CORP CL A AL	AL	600,000	$39.0m0.24%	0.24%	Added +150.0k	+150,000 33.3%
74	GCI LIBERTY INC COM SER C GLIBK	GLIBK	1,044,254	$38.9m0.24%	0.24%	Unchanged
75	KENVUE INC COM KVUE	KVUE	2,232,279	$38.5m0.24%	0.24%	Added +570.7k	+570,663 34.3%
76	METHANEX CORP COM MEOH	MEOH	642,838	$38.3m0.24%	0.24%	Reduced -468.2k	-468,162 -42.1%
77	ANI PHARMACEUTICALS INC NOTE 2.250% 9/0 · principal ANIP 2.25 09.01.29 · principal	ANIP 2.25 09.01.29	30,000,000	$37.2m0.23%	0.23%	Unchanged
78	MANPOWERGROUP INC WIS COM MAN	MAN	1,256,000	$37.0m0.23%	0.23%	Added +196.9k	+196,900 18.6%
79	CENTENE CORP DEL COM CNC	CNC	1,075,000	$35.2m0.22%	0.22%	Reduced -38.5k	-38,500 -3.5%
80	FRESHPET INC NOTE 3.000% 4/0 · principal FRPT 3 04.01.28 · principal	FRPT 3 04.01.28	30,000,000	$34.8m0.21%	0.21%	Unchanged
81	GEN DIGITAL INC COM GEN	GEN	1,788,100	$33.7m0.21%	0.21%	Added +238.1k	+238,100 15.4%
82	ELECTRONIC ARTS INC COM EA	EA	160,000	$32.6m0.20%	0.20%	Added +40.0k	+40,000 33.3%
83	ON SEMICONDUCTOR CORP NOTE 5/0 · principal ON 0 05.01.27 · principal	ON 0 05.01.27	25,000,000	$32.3m0.20%	0.20%	Unchanged
84	ALNYLAM PHARMACEUTICALS INC NOTE 1.000% 9/1 · principal ALNY 1 09.15.27 · principal	ALNY 1 09.15.27	25,000,000	$32.1m0.20%	0.20%	Unchanged
85	SILVERCORP METALS INC NOTE 4.750%12/1 · principal SVMCN 4.75 12.15.29 · principal	SVMCN 4.75 12.15.29	12,000,000	$30.9m0.19%	0.19%	Unchanged
86	SPROTT INC COM NEW SII	SII	214,473	$30.6m0.19%	0.19%	Added +198.8k	+198,773 1266.1%
87	SNOWFLAKE INC NOTE 10/0 · principal SNOW 0 10.01.27 · principal	SNOW 0 10.01.27	25,000,000	$29.5m0.18%	0.18%	Reduced -2.5m	-2,500,000 -9.1%
88	WHEATON PRECIOUS METALS CORP COM WPM	WPM	221,767	$29.1m0.18%	0.18%	Added +138.8k	+138,767 167.2%
89	ENOVIS CORPORATION NOTE 3.875%10/1 · principal ENOV 3.875 10.15.28 · principal	ENOV 3.875 10.15.28	30,000,000	$29.1m0.18%	0.18%	Unchanged
90	CHART INDS INC COM GTLS	GTLS	136,200	$28.2m0.17%	0.17%	Added +2.3k	+2,300 1.7%
91	FRANCO NEV CORP COM FNV	FNV	108,707	$26.9m0.17%	0.17%	Added +94.8k	+94,807 682.1%
92	SKEENA RES LTD NEW COM SKE	SKE	900,687	$26.8m0.17%	0.17%	Added +650.7k	+650,687 260.3%
93	M3BRIGADE ACQUISITION V CORP CL A VLOS	VLOS	2,475,000	$26.6m0.16%	0.16%	Unchanged
94	ATS CORPORATION COM ATS	ATS	940,191	$26.5m0.16%	0.16%	Reduced -400.1k	-400,074 -29.9%
95	TETRA TECH INC NEW DBCV 2.250% 8/1 · principal TTEK 2.25 08.15.28 · principal	TTEK 2.25 08.15.28	25,000,000	$26.3m0.16%	0.16%	Unchanged
96	PENUMBRA INC COM PEN	PEN	80,000	$26.3m0.16%	0.16%	New
97	LIBERTY MEDIA CORP DEL NOTE 3.750% 3/1 · principal SIRI 3.75 03.15.28 · principal	SIRI 3.75 03.15.28	25,000,000	$25.9m0.16%	0.16%	Unchanged
98	SOUTH BOW CORP COM SOBO	SOBO	742,851	$24.7m0.15%	0.15%	Added +665.3k	+665,323 858.2%
99	SPECTRUM BRANDS INC NOTE 3.375% 6/0 · principal SPB 3.375 06.01.29 · principal	SPB 3.375 06.01.29	25,000,000	$24.7m0.15%	0.15%	Unchanged
100	SNOWFLAKE INC NOTE 10/0 · principal SNOW 0 10.01.29 · principal	SNOW 0 10.01.29	20,000,000	$24.4m0.15%	0.15%	New

Sold out since Q4 2025

Security	Ticker	Shares held before	Value then
NVIDIA CORPORATION NVDA	NVDA	787,000	$146.8m787.0k shares
APPLE INC AAPL	AAPL	392,200	$106.6m392.2k shares
TESLA INC TSLA	TSLA	187,800	$84.5m187.8k shares
EXACT SCIENCES CORP EXAS	EXAS	688,000	$69.9m688.0k shares
BROADCOM INC AVGO	AVGO	174,000	$60.2m174.0k shares
ADOBE INC ADBE	ADBE	171,500	$60.0m171.5k shares
ATLASSIAN CORPORATION TEAM	TEAM	365,400	$59.2m365.4k shares
MICROSOFT CORP MSFT	MSFT	119,286	$57.7m119.3k shares
KLA CORP KLAC	KLAC	46,600	$56.6m46.6k shares
INTUITIVE SURGICAL INC ISRG	ISRG	96,000	$54.4m96.0k shares
RENTOKIL INITIAL PLC RTO	RTO	1,645,500	$48.5m1.6m shares
CNX RES CORP CNX 2.25 05.01.26	CNX 2.25 05.01.26	14,500,000	$41.5m14.5m shares
BURLINGTON STORES INC BURL 1.25 12.15.27	BURL 1.25 12.15.27	27,000,000	$40.2m27.0m shares
AMAZON COM INC AMZN	AMZN	167,500	$38.7m167.5k shares
EQV VENTURES ACQUISITION COR FTW	FTW	3,450,000	$36.2m3.5m shares
INSMED INC INSM	INSM	206,532	$35.9m206.5k shares
ALPHABET INC GOOG	GOOG	98,544	$30.9m98.5k shares
KBR INC KBR	KBR	756,481	$30.4m756.5k shares
SERVICENOW INC NOW	NOW	173,502	$26.6m173.5k shares
ELI LILLY & CO LLY	LLY	21,250	$22.8m21.2k shares
FRONTIER COMMUNICATIONS PARE FYBR	FYBR	549,907	$20.9m549.9k shares
KARBON CAP PARTNERS CORP KBONU	KBONU	2,000,000	$20.1m2.0m shares
STIFEL FINL CORP SF	SF	219,000	$18.3m219.0k shares
DAYFORCE INC DAY	DAY	250,000	$17.3m250.0k shares
LEGENCE CORP LGN	LGN	392,738	$16.9m392.7k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	400,000	$260.1m400.0k shares	Added
ISHARES TR IWM · Put	IWM	Put	700,000	$173.6m700.0k shares	New
CAESARS ENTERTAINMENT INC NE CZR · Put	CZR	Put	100,000	$2.6m100.0k shares	New

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