HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND

TORONTO, A6 · CIK 1535845 · 13F filing filed 2026-08-13

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 entityHealthcare of Ontario Pension Plan Trust Fund (CA)

$70.0bn reported value +15.5% vs Q1 2026

1,426positions

25.5%in top 10

290 new 340 added 512 reduced 314 sold out vs Q1 2026

Options: 14 call positions ($368.3m notional), 9 put positions ($828.2m notional) – listed below, not included above.

Holdings, Q2 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	NVIDIA CORPORATION COM NVDA	NVDA	22,108,357	$4.4bn6.32%	6.32%	Added +3.2m	+3,234,510 17.1%
2	ISHARES TR CORE S&P500 ETF IVV	IVV	2,678,964	$2.0bn2.87%	2.87%	Added +32.1k	+32,140 1.2%
3	JPMORGAN CHASE & CO COM JPM	JPM	5,326,335	$1.7bn2.49%	2.49%	Reduced -1.6m	-1,617,669 -23.3%
4	ISHARES TR RUSSELL 2000 ETF IWM	IWM	5,627,000	$1.7bn2.42%	2.42%	Added +947.0k	+947,000 20.2%
5	SPDR SER TR S&P BIOTECH XBI	XBI	9,341,500	$1.5bn2.11%	2.11%	Reduced -404.0k	-404,000 -4.2%
6	APPLE INC COM AAPL	AAPL	5,061,327	$1.5bn2.09%	2.09%	Reduced -2.6m	-2,596,697 -33.9%
7	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	1,962,648	$1.4bn2.07%	2.07%	Reduced -512.4k	-512,352 -20.7%
8	ALPHABET INC CAP STK CL A GOOGL	GOOGL	3,795,342	$1.4bn1.94%	1.94%	Reduced -752.6k	-752,565 -16.6%
9	CANADIAN NAT RES LTD COM CNQ	CNQ	30,793,200	$1.2bn1.74%	1.74%	Reduced -6.7m	-6,664,300 -17.8%
10	ISHARES TR EXPANDED TECH IGV	IGV	11,502,061	$1.0bn1.49%	1.49%	Added +10.7m	+10,702,061 1337.8%
11	MICROSOFT CORP COM MSFT	MSFT	2,586,308	$964.7m1.38%	1.38%	Reduced -140.0k	-140,035 -5.1%
12	KLA CORP COM NEW KLAC	KLAC	3,176,787	$958.5m1.37%	1.37%	Added +1.1m	+1,060,687 50.1%
13	BROADCOM INC COM AVGO	AVGO	2,433,874	$919.4m1.31%	1.31%	Reduced -588.3k	-588,253 -19.5%
14	TESLA INC COM TSLA	TSLA	2,065,970	$868.9m1.24%	1.24%	Added +216.1k	+216,052 11.7%
15	SPDR SER TR S&P RETAIL ETF XRT	XRT	9,281,000	$814.3m1.16%	1.16%	Added +2.1m	+2,060,000 28.5%
16	ISHARES TR ISHARES SEMICDTR SOXX	SOXX	1,230,000	$788.1m1.13%	1.13%	Added +640.0k	+640,000 108.5%
17	SPDR SER TR S&P REGL BKG KRE	KRE	10,504,000	$786.2m1.12%	1.12%	Added +3.0m	+2,990,000 39.8%
18	APPLIED MATLS INC COM AMAT	AMAT	1,030,429	$745.0m1.06%	1.06%	Added +573.4k	+573,445 125.5%
19	MICRON TECHNOLOGY INC COM MU	MU	640,149	$738.9m1.06%	1.06%	Reduced -495.5k	-495,536 -43.6%
20	BANK MONTREAL QUE COM BMO	BMO	4,174,425	$737.1m1.05%	1.05%	Added +678.8k	+678,753 19.4%
21	GOLDMAN SACHS GROUP INC COM GS	GS	717,562	$725.7m1.04%	1.04%	Added +535.1k	+535,124 293.3%
22	ADVANCED MICRO DEVICES INC COM AMD	AMD	1,196,192	$694.9m0.99%	0.99%	Added +483.4k	+483,353 67.8%
23	TORONTO DOMINION BK ONT COM NEW TD	TD	5,667,809	$688.5m0.98%	0.98%	Reduced -802.6k	-802,607 -12.4%
24	WALMART INC COM WMT	WMT	5,826,859	$660.0m0.94%	0.94%	Added +1.1m	+1,104,385 23.4%
25	ROYAL BK CDA COM RY	RY	3,073,436	$635.8m0.91%	0.91%	Reduced -660.8k	-660,753 -17.7%
26	AMAZON COM INC COM AMZN	AMZN	2,574,333	$613.6m0.88%	0.88%	Added +938.7k	+938,724 57.4%
27	META PLATFORMS INC CL A META	META	1,074,345	$605.2m0.86%	0.86%	Reduced -824.9k	-824,877 -43.4%
28	VANECK ETF TRUST SEMICONDUCTR ETF SMH	SMH	920,000	$603.4m0.86%	0.86%	Added +820.0k	+820,000 820.0%
29	BANK NOVA SCOTIA HALIFAX COM BNS	BNS	6,624,917	$575.3m0.82%	0.82%	Added +1.1m	+1,085,288 19.6%
30	NEBIUS GROUP N.V. SHS CLASS A NBIS	NBIS	1,978,639	$546.4m0.78%	0.78%	New
31	BANK AMERICA CORP COM BAC	BAC	9,303,462	$530.1m0.76%	0.76%	Reduced -2.5m	-2,494,474 -21.1%
32	NETFLIX INC COM NFLX	NFLX	7,055,696	$503.8m0.72%	0.72%	Added +5.4m	+5,440,565 336.9%
33	CANADIAN IMPERIAL BANK OF CO COM CM	CM	4,138,717	$476.1m0.68%	0.68%	Added +749.2k	+749,202 22.1%
34	CISCO SYS INC COM CSCO	CSCO	3,966,697	$465.9m0.67%	0.67%	Reduced -703.4k	-703,355 -15.1%
35	MANULIFE FINL CORP COM MFC	MFC	10,422,730	$422.3m0.60%	0.60%	Reduced -1.3m	-1,279,500 -10.9%
36	UNITEDHEALTH GROUP INC COM UNH	UNH	990,157	$411.5m0.59%	0.59%	Added +683.3k	+683,262 222.6%
37	ALPHABET INC CAP STK CL C GOOG	GOOG	1,143,120	$403.9m0.58%	0.58%	Reduced -830.3k	-830,304 -42.1%
38	MORGAN STANLEY COM NEW MS	MS	1,876,903	$392.3m0.56%	0.56%	Added +314.4k	+314,380 20.1%
39	LAM RESEARCH CORP COM NEW LRCX	LRCX	881,506	$382.0m0.55%	0.55%	Added +473.0k	+473,027 115.8%
40	NEXTERA ENERGY INC COM NEE	NEE	4,036,375	$354.3m0.51%	0.51%	Added +1.5m	+1,468,566 57.2%
41	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	447,362	$334.1m0.48%	0.48%	Reduced -2.1m	-2,141,835 -82.7%
42	COSTCO WHSL CORP NEW COM COST	COST	354,667	$331.8m0.47%	0.47%	Reduced -91.5k	-91,520 -20.5%
43	AMERICAN EXPRESS CO COM AXP	AXP	968,071	$327.5m0.47%	0.47%	Reduced -268.4k	-268,367 -21.7%
44	MASTERCARD INCORPORATED CL A MA	MA	632,513	$324.9m0.46%	0.46%	Reduced -231.6k	-231,612 -26.8%
45	BROOKFIELD CORP CL A LTD VT SH BN	BN	6,936,231	$295.6m0.42%	0.42%	Added +1.7m	+1,743,625 33.6%
46	CITIGROUP INC COM NEW C	C	2,075,620	$290.5m0.42%	0.42%	Added +1.1m	+1,095,758 111.8%
47	MEDLINE INC COM CL A MDLN	MDLN	7,355,574	$290.1m0.41%	0.41%	Added +2.4m	+2,355,574 47.1%
48	INTEL CORP COM INTC	INTC	2,022,102	$282.3m0.40%	0.40%	Reduced -2.4m	-2,440,759 -54.7%
49	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	1,321,000	$281.1m0.40%	0.40%	Reduced -429.0k	-429,000 -24.5%
50	SOUTHERN CO COM SO	SO	2,856,478	$273.4m0.39%	0.39%	Added +2.8m	+2,787,319 4030.3%
51	WESTERN DIGITAL CORP COM WDC	WDC	419,594	$268.0m0.38%	0.38%	Added +126.4k	+126,433 43.1%
52	MARVELL TECHNOLOGY INC COM MRVL	MRVL	878,726	$261.8m0.37%	0.37%	Added +27.2k	+27,248 3.2%
53	TEXAS INSTRS INC COM TXN	TXN	831,394	$247.8m0.35%	0.35%	Added +488.4k	+488,380 142.4%
54	SELECT SECTOR SPDR TR INDL XLI	XLI	1,320,000	$244.5m0.35%	0.35%	Reduced -1.2m	-1,233,000 -48.3%
55	SUNCOR ENERGY INC NEW COM SU	SU	4,502,791	$242.0m0.35%	0.35%	Reduced -3.3m	-3,255,859 -42.0%
56	SEAGATE TECHNOLOGY HLDNGS PL ORD SHS STX	STX	250,187	$241.4m0.34%	0.34%	Reduced -11.7k	-11,658 -4.5%
57	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	121,053	$240.8m0.34%	0.34%	Reduced -2.4k	-2,390 -1.9%
58	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	310,404	$236.9m0.34%	0.34%	Added +228.5k	+228,455 278.8%
59	SPDR SER TR S&P OILGAS EXP XOP	XOP	1,500,000	$231.4m0.33%	0.33%	Unchanged
60	BOOKING HOLDINGS INC COM BKNG	BKNG	1,265,575	$225.6m0.32%	0.32%	Reduced -434.8k	-434,750 -25.6%
61	ANALOG DEVICES INC COM ADI	ADI	549,431	$218.2m0.31%	0.31%	Reduced -400.4k	-400,363 -42.1%
62	LEGENCE CORP CL A LGN	LGN	2,539,939	$216.5m0.31%	0.31%	Added +1.9m	+1,884,939 287.8%
63	ISHARES TR RUS 2000 GRW ETF IWO	IWO	513,500	$202.3m0.29%	0.29%	Added +103.0k	+103,000 25.1%
64	HOME DEPOT INC COM HD	HD	552,271	$194.8m0.28%	0.28%	Added +328.3k	+328,261 146.5%
65	SPACE EXPLORATION TECHN CORP CLASS A COM STK SPCX	SPCX	1,110,000	$189.7m0.27%	0.27%	New
66	PDD HOLDINGS INC SPONSORED ADS PDD	PDD	2,485,298	$189.6m0.27%	0.27%	Added +875.9k	+875,928 54.4%
67	LOWES COS INC COM LOW	LOW	828,015	$182.6m0.26%	0.26%	Reduced -205.2k	-205,217 -19.9%
68	NXP SEMICONDUCTORS N V COM NXPI	NXPI	647,878	$182.1m0.26%	0.26%	Added +228.8k	+228,801 54.6%
69	LINDE PLC SHS LIN	LIN	349,933	$181.6m0.26%	0.26%	Reduced -193.0k	-193,026 -35.5%
70	EXXON MOBIL CORP COM XOM	XOM	1,302,497	$178.1m0.25%	0.25%	Added +346.8k	+346,797 36.3%
71	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	794,831	$178.0m0.25%	0.25%	Added +663.9k	+663,944 507.3%
72	ARISTA NETWORKS INC COM SHS ANET	ANET	994,554	$169.0m0.24%	0.24%	Added +900.8k	+900,781 960.6%
73	S&P GLOBAL INC COM SPGI	SPGI	422,957	$162.9m0.23%	0.23%	Added +376.7k	+376,736 815.1%
74	SCHWAB CHARLES CORP COM SCHW	SCHW	1,762,006	$162.6m0.23%	0.23%	Reduced -1.0m	-1,024,506 -36.8%
75	AMPHENOL CORP CL A APH	APH	919,114	$162.1m0.23%	0.23%	Added +305.3k	+305,293 49.7%
76	MICROCHIP TECHNOLOGY INC. COM MCHP	MCHP	1,766,969	$161.1m0.23%	0.23%	Reduced -834.2k	-834,152 -32.1%
77	PEPSICO INC COM PEP	PEP	1,182,467	$160.1m0.23%	0.23%	Added +431.8k	+431,809 57.5%
78	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	384,511	$152.9m0.22%	0.22%	Added +256.6k	+256,567 200.5%
79	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	800,000	$152.4m0.22%	0.22%	Reduced -800.0k	-800,000 -50.0%
80	TJX COS INC NEW COM TJX	TJX	988,135	$149.7m0.21%	0.21%	Added +217.2k	+217,188 28.2%
81	QUALCOMM INC COM QCOM	QCOM	779,054	$144.0m0.21%	0.21%	Reduced -222.8k	-222,797 -22.2%
82	DIGITAL RLTY TR INC COM DLR	DLR	800,536	$143.8m0.21%	0.21%	Added +446.7k	+446,666 126.2%
83	CATERPILLAR INC COM CAT	CAT	134,492	$143.2m0.20%	0.20%	Added +64.3k	+64,268 91.5%
84	CONSTELLATION ENERGY CORP COM CEG	CEG	574,079	$142.6m0.20%	0.20%	Reduced -194.4k	-194,435 -25.3%
85	BLACKSTONE INC COM BX	BX	1,194,245	$140.5m0.20%	0.20%	Added +579.9k	+579,922 94.4%
86	MARRIOTT INTL INC NEW CL A MAR	MAR	377,266	$139.8m0.20%	0.20%	Reduced -15.0k	-15,045 -3.8%
87	IREN LIMITED ORDINARY SHARES IREN	IREN	3,045,900	$139.3m0.20%	0.20%	New
88	ISHARES TR ISHARES BIOTECH IBB	IBB	726,000	$138.1m0.20%	0.20%	Added +130.0k	+130,000 21.8%
89	SEMTECH CORP COM SMTC	SMTC	851,858	$137.9m0.20%	0.20%	New
90	CIPHER MINING INC COM CIFR	CIFR	5,528,800	$135.5m0.19%	0.19%	New
91	GILEAD SCIENCES INC COM GILD	GILD	1,016,707	$128.5m0.18%	0.18%	Reduced -282.3k	-282,293 -21.7%
92	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	255,806	$128.0m0.18%	0.18%	Reduced -278.7k	-278,678 -52.1%
93	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	1,116,576	$127.5m0.18%	0.18%	Added +440.2k	+440,188 65.1%
94	AMERIPRISE FINL INC COM AMP	AMP	277,420	$127.3m0.18%	0.18%	Reduced -2.6k	-2,613 -0.9%
95	HOWMET AEROSPACE INC COM HWM	HWM	465,013	$125.0m0.18%	0.18%	Added +439.8k	+439,831 1746.6%
96	WELLTOWER INC COM WELL	WELL	547,733	$124.3m0.18%	0.18%	Reduced -376.1k	-376,090 -40.7%
97	MOTOROLA SOLUTIONS INC COM NEW MSI	MSI	297,678	$123.6m0.18%	0.18%	Added +249.6k	+249,574 518.8%
98	ISHARES TR IBOXX HI YD ETF HYG	HYG	1,535,122	$122.8m0.18%	0.18%	Reduced -250.0k	-250,000 -14.0%
99	PROLOGIS INC. COM PLD	PLD	899,223	$121.8m0.17%	0.17%	Reduced -703.7k	-703,696 -43.9%
100	VICI PPTYS INC COM VICI	VICI	4,587,524	$121.8m0.17%	0.17%	Added +34.9k	+34,925 0.8%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
WESTERN DIGITAL CORP WDC 3 11.15.28	WDC 3 11.15.28	32,000,000	$229.2m32.0m shares
SELECT SECTOR SPDR TR XLE	XLE	2,701,000	$165.5m2.7m shares
AMICUS THERAPEUTICS INC FOLD	FOLD	3,643,352	$52.7m3.6m shares
TERNS PHARMACEUTICALS INC		924,562	$48.7m924.6k shares
APELLIS PHARMACEUTICALS INC APLS	APLS	1,202,100	$48.4m1.2m shares
HONEYWELL INTL INC		103,203	$46.7m103.2k shares
LANTHEUS HLDGS INC LNTH	LNTH	598,857	$45.4m598.9k shares
ICICI BANK LIMITED IBN	IBN	1,682,200	$43.6m1.7m shares
THOMSON REUTERS CORP		450,968	$40.6m451.0k shares
CARNIVAL CORP		1,527,262	$39.5m1.5m shares
AIR LEASE CORP AL	AL	597,000	$38.8m597.0k shares
HOLOGIC INC HOLX	HOLX	485,545	$36.7m485.5k shares
VANECK ETF TRUST OIH	OIH	78,000	$31.5m78.0k shares
CLEARWATER ANALYTICS HLDGS I		1,258,900	$29.8m1.3m shares
ONESTREAM INC OS	OS	1,234,961	$29.6m1.2m shares
GRANITE CONSTR INC GVA 3.25 06.15.30	GVA 3.25 06.15.30	17,500,000	$28.9m17.5m shares
AVIS BUDGET GROUP CAR	CAR	180,400	$26.3m180.4k shares
IAMGOLD CORP IAG	IAG	1,364,975	$25.7m1.4m shares
BIRKENSTOCK HOLDING PLC BIRK	BIRK	700,000	$25.1m700.0k shares
CSG SYS INTL INC		308,247	$24.6m308.2k shares
TENET HEALTHCARE CORP THC	THC	127,677	$24.1m127.7k shares
SMITHFIELD FOODS INC SFD	SFD	831,100	$23.2m831.1k shares
AXALTA COATING SYS LTD AXTA	AXTA	754,000	$20.9m754.0k shares
SIRIUSXM HOLDINGS INC SIRI	SIRI	901,000	$20.8m901.0k shares
COTERRA ENERGY INC CTRA	CTRA	582,936	$20.5m582.9k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	300,000	$224.0m300.0k shares	Added
MICROSOFT CORP MSFT · Put	MSFT	Put	506,000	$188.7m506.0k shares	New
INVESCO QQQ TR QQQ · Put	QQQ	Put	247,000	$181.9m247.0k shares	New
ISHARES TR HYG · Put	HYG	Put	1,000,000	$80.0m1.0m shares	Added
ISHARES TR HYG · Call	HYG	Call	1,000,000	$80.0m1.0m shares	Reduced
SPDR S&P 500 ETF TR SPY · Call	SPY	Call	100,000	$74.7m100.0k shares	Reduced
ISHARES TR LQD · Put	LQD	Put	580,000	$63.3m580.0k shares	Added
SELECT SECTOR SPDR TR XLF · Call	XLF	Call	1,100,000	$59.0m1.1m shares	Added
ISHARES TR LQD · Call	LQD	Call	500,000	$54.5m500.0k shares	New
AMAZON COM INC AMZN · Put	AMZN	Put	200,000	$47.7m200.0k shares	New
AMAZON COM INC AMZN · Call	AMZN	Call	100,000	$23.8m100.0k shares	New
UNITED STS OIL FD LP USO · Put	USO	Put	200,000	$21.3m200.0k shares	New
COGNIZANT TECHNOLOGY SOLUTIO CTSH · Call	CTSH	Call	500,000	$19.4m500.0k shares	New
APPLE INC AAPL · Put	AAPL	Put	65,000	$18.8m65.0k shares	New
ISHARES INC EWZ · Call	EWZ	Call	400,000	$13.8m400.0k shares	New
ROYAL BK CDA RY · Call	RY	Call	50,000	$10.3m50.0k shares	New
ISHARES INC ECH · Call	ECH	Call	200,000	$7.9m200.0k shares	Unchanged
MICROSOFT CORP MSFT · Call	MSFT	Call	18,000	$6.7m18.0k shares	New
BLUE OWL CAPITAL INC OWL · Call	OWL	Call	600,000	$5.2m600.0k shares	New
SERVICENOW INC NOW · Call	NOW	Call	50,000	$5.0m50.0k shares	New
WENDYS CO WEN · Call	WEN	Call	564,300	$4.7m564.3k shares	New
SPOTIFY TECHNOLOGY S A SPOT · Call	SPOT	Call	7,000	$3.2m7.0k shares	New
PROSHARES TR II UVXY · Put	UVXY	Put	100,000	$2.5m100.0k shares	Unchanged

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
TALON CAP CORP TLNCU · 13G · filed 2025-11-13	TLNCU	6.8%≈ $18.4m	new	13G	2025-11-13
CAMBRIDGE ACQUISITION CORP CAQ · 13G · filed 2026-08-13	CAQ	6.3%≈ $10.9m	new	13G	2026-08-13
BETTER HOME & FINANCE HOLDIN BETR · 13G · filed 2026-02-13	BETR	5.9%≈ $15.9m		13G	2026-02-13
HIGHVIEW MERGER CORP HVMCU · 13G · filed 2025-11-13	HVMCU	5.3%≈ $13.0m	new	13G	2025-11-13