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Asset Manager ← All Institutions

CANADA PENSION PLAN INVESTMENT BOARD

Q3 2025 · Filed 2025-11-13
Market Value
$137.8B
+20.7%
Holdings
1,476
+31
New Purchases
161
Added To
574
Closed
161
Reduced
413
Top 10 Concentration
28.8%
Turnover
21.8%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
NVDA 6.06% 5.07% +0.99% $8.3B
TSLA 1.65% 1.00% +0.65% $2.3B
AVGO 2.38% 1.86% +0.52% $3.3B
AAPL 4.60% 4.12% +0.48% $6.3B
GOOGL 1.90% 1.43% +0.48% $2.6B
GOOG 1.42% 0.98% +0.44% $2.0B
PLTR 0.69% 0.37% +0.31% $945M
COST 0.62% 0.43% +0.20% $859M
JPM 1.31% 1.13% +0.17% $1.8B
CCI 0.23% 0.07% +0.16% $321M
NTSK 0.15% 0.00% +0.15% $204M
CMCSA 0.28% 0.13% +0.14% $381M
LRCX 0.33% 0.18% +0.14% $448M
PGR 0.15% 0.02% +0.13% $208M
WMT 0.46% 0.33% +0.13% $629M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
MA 1.60% 2.03% -0.43% $2.2B
WAY 0.52% 0.89% -0.37% $721M
SRAD 1.33% 1.68% -0.35% $1.8B
LQD 0.00% 0.27% -0.27% $0
EQH 0.65% 0.87% -0.22% $889M
INFA 1.16% 1.37% -0.21% $1.6B
LIN 1.15% 1.35% -0.20% $1.6B
DLR 0.94% 1.12% -0.19% $1.3B
TD 0.63% 0.80% -0.18% $862M
KKR 0.11% 0.28% -0.18% $145M
INVH 0.14% 0.30% -0.16% $189M
MSFT 4.67% 4.83% -0.16% $6.4B
ENB 0.37% 0.53% -0.16% $507M
TMUS 1.06% 1.21% -0.15% $1.5B
CRM 0.35% 0.49% -0.14% $487M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 57 $69.2B 50.2%
Large Cap 646 $57.8B 41.9%
Mid Cap 495 $10.2B 7.4%
Small Cap 253 $675M 0.5%
Micro Cap 25 $6M 0.0%

Portfolio Analytics

Avg Market Cap
$56.4B
Median Market Cap
$9.0B
Avg P/E
35.1
Median P/E
23.3
Avg Dividend Yield
0.01%
Avg Beta
1.10
# Stocks
1,467
# ETFs / Funds
9

Top Holdings (1,476 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 NVDA 6.06% 44,734,795 $8.3B $186.58 $2.6B +8,124,704 +22.2%
2 MSFT 4.67% 12,420,711 $6.4B $517.95 $923M +1,342,662 +12.1%
3 AAPL 4.60% 24,894,984 $6.3B $254.63 $1.6B +1,951,173 +8.5%
4 AMZN 2.63% 16,480,274 $3.6B $219.57 $741M +3,363,393 +25.6%
5 AVGO 2.38% 9,938,067 $3.3B $329.91 $1.2B +2,247,962 +29.2%
6 GOOGL 1.90% 10,790,906 $2.6B $243.10 $993M +1,541,208 +16.7%
7 META 1.86% 3,498,185 $2.6B $734.38 $356M +500,354 +16.7%
8 TSLA 1.65% 5,102,954 $2.3B $444.72 $1.1B +1,507,562 +41.9%
9 MA 1.60% 3,877,654 $2.2B $568.81 -$114M -251,155 -6.1%
10 GE 1.46% 6,689,115 $2.0B $300.82 $310M +77,652 +1.2%
11 GOOG 1.42% 8,012,786 $2.0B $243.55 $838M +1,733,187 +27.6%
12 SRAD 1.33% 68,171,745 $1.8B $26.90 -$80M
13 JPM 1.31% 5,712,330 $1.8B $315.43 $507M +1,246,531 +27.9%
14 INFA 1.16% 64,379,838 $1.6B $24.84 $32M
15 LIN 1.15% 3,345,969 $1.6B $475.00 $47M +59,075 +1.8%
16 SPY 1.08% 2,237,000 $1.5B $666.18 $108M
17 TMUS 1.06% 6,080,297 $1.5B $239.38 $75M +287,048 +5.0%
18 LYV 1.06% 8,900,478 $1.5B $163.40 $122M +94,257 +1.1%
19 CNQ 0.95% 41,159,707 $1.3B $31.97 $127M +3,366,331 +8.9%
20 DLR 0.94% 7,462,186 $1.3B $172.88 $8M +105,757 +1.4%
21 TRP 0.84% 21,411,081 $1.2B $54.36 $139M +424,333 +2.0%
22 BRK-B 0.83% 2,272,634 $1.1B $502.74 $265M +465,777 +25.8%
23 NFLX 0.76% 877,789 $1.1B $1,198.92 $150M +203,590 +30.2%
24 RY 0.74% 6,900,146 $1.0B $147.36 $111M +32,246 +0.5%
25 UNP 0.72% 4,199,922 $993M $236.37 $44M +74,842 +1.8%
26 LLY 0.69% 1,248,212 $952M $763.00 $54M +95,931 +8.3%
27 PLTR 0.69% 5,182,896 $945M $182.42 $517M +2,043,416 +65.1%
28 EQIX 0.67% 1,179,832 $924M $783.24 $47M +77,409 +7.0%
29 EQH 0.65% 17,508,117 $889M $50.78 -$99M -108,554 -0.6%
30 TD 0.63% 10,780,343 $862M $79.94 -$56M -1,690,275 -13.6%
31 COST 0.62% 927,892 $859M $925.63 $373M +437,021 +89.0%
32 BAC 0.58% 15,518,865 $801M $51.59 $90M +508,904 +3.4%
33 SHOP 0.58% 5,383,374 $800M $148.53 $190M +102,965 +1.9%
34 IQV 0.57% 4,115,564 $782M $189.94 $125M -52,915 -1.3%
35 XOM 0.55% 6,777,684 $764M $112.75 $127M +862,393 +14.6%
36 ABBV 0.54% 3,186,187 $738M $231.54 $271M +672,563 +26.8%
37 WAY 0.52% 19,025,452 $721M $37.92 -$299M -5,938,773 -23.8%
38 IWM 0.49% 2,781,000 $673M $241.96 $23M -229,000 -7.6%
39 ISRG 0.47% 1,463,755 $655M $447.23 $63M +374,462 +34.4%
40 JNJ 0.47% 3,479,625 $645M $185.42 $195M +532,800 +18.1%
41 HD 0.46% 1,556,665 $631M $405.19 $77M +46,665 +3.1%
42 COF 0.46% 2,961,979 $630M $212.58 $135M +636,771 +27.4%
43 WMT 0.46% 6,107,574 $629M $103.06 $255M +2,276,248 +59.4%
44 ORCL 0.45% 2,206,035 $620M $281.24 $239M +461,809 +26.5%
45 D 0.44% 9,894,336 $605M $61.17 $15M -540,939 -5.2%
46 RNW 0.43% 76,501,166 $589M $7.70 $60M
47 GS 0.42% 731,213 $582M $796.35 $181M +164,434 +29.0%
48 CSCO 0.42% 8,417,776 $576M $68.42 $147M +2,233,186 +36.1%
49 C 0.42% 5,640,719 $573M $101.50 $204M +1,306,312 +30.1%
50 BNS 0.41% 8,769,838 $567M $64.65 $144M +1,123,289 +14.7%
51 CRC 0.41% 10,506,895 $559M $53.18 $79M
52 AMD 0.40% 3,380,654 $547M $161.79 $184M +823,696 +32.2%
53 UNH 0.40% 1,582,579 $546M $345.30 $75M +70,745 +4.7%
54 PG 0.39% 3,511,681 $540M $153.65 $72M +579,362 +19.8%
55 PEP 0.38% 3,752,753 $527M $140.44 $82M +380,078 +11.3%
56 SCHW 0.38% 5,482,060 $523M $95.47 $162M +1,518,965 +38.3%
57 BSX 0.37% 5,260,450 $514M $97.63 $7M +540,804 +11.5%
58 ENB 0.37% 10,044,011 $507M $50.44 -$93M -3,169,310 -24.0%
59 CM 0.37% 6,310,822 $504M $79.89 $18M -537,104 -7.8%
60 BMO 0.36% 3,850,593 $502M $130.28 $114M +358,203 +10.3%
61 CRM 0.35% 2,054,201 $487M $237.00 -$73M
62 ADBE 0.35% 1,358,803 $479M $352.75 $34M +209,015 +18.2%
63 DHR 0.34% 2,391,566 $474M $198.26 $41M +197,056 +9.0%
64 KO 0.34% 7,112,607 $472M $66.32 $122M +2,166,129 +43.8%
65 WTRG 0.34% 11,661,095 $465M $39.90 $32M
66 CVX 0.33% 2,931,947 $455M $155.29 $154M +825,539 +39.2%
67 BN 0.33% 6,605,000 $453M $68.60 $48M +64,369 +1.0%
68 SU 0.33% 10,774,343 $451M $41.84 $55M +218,962 +2.1%
69 LRCX 0.33% 3,347,057 $448M $133.90 $237M +1,180,187 +54.5%
70 TXN 0.32% 2,416,446 $444M $183.73 $187M +1,179,420 +95.3%
71 LNG 0.31% 1,829,929 $430M $234.98 -$19M -15,356 -0.8%
72 NTR 0.31% 7,270,756 $427M $58.71 -$1M -70,553 -1.0%
73 WFC 0.31% 5,047,210 $423M $83.82 $81M +776,010 +18.2%
74 IPG 0.31% 15,090,745 $421M $27.91 $58M +270,748 +1.8%
75 AEM 0.30% 2,459,302 $414M $168.39 $135M +115,000 +4.9%
76 NU 0.30% 25,664,689 $411M $16.01 $140M +5,956,089 +30.2%
77 PM 0.30% 2,530,496 $410M $162.20 $76M +692,378 +37.7%
78 MCD 0.28% 1,281,713 $389M $303.89 $145M +445,836 +53.3%
79 CMCSA 0.28% 12,141,838 $381M $31.42 $230M +7,900,784 +186.3%
80 MS 0.27% 2,335,780 $371M $158.96 $58M +111,930 +5.0%
81 PLD 0.27% 3,224,340 $369M $114.52 $38M +72,843 +2.3%
82 T 0.26% 12,709,610 $359M $28.24 $104M +3,901,135 +44.3%
83 BKNG 0.25% 64,900 $350M $5,399.27 $70M +16,496 +34.1%
84 NOW 0.24% 365,087 $336M $920.28 $29M +66,369 +22.2%
85 TRGP 0.24% 1,986,750 $333M $167.54 $4M +99,906 +5.3%
86 PCG 0.24% 21,980,469 $331M $15.08 $55M +2,168,531 +10.9%
87 MRK 0.23% 3,848,556 $323M $83.93 $35M +211,556 +5.8%
88 CCI 0.23% 3,325,212 $321M $96.49 $243M +2,567,321 +338.8%
89 ARES 0.23% 1,982,400 $317M $159.89 $39M +376,494 +23.4%
90 UBER 0.23% 3,215,905 $315M $97.97 -$64M -845,256 -20.8%
91 INTU 0.23% 456,987 $312M $682.91 -$80M -40,239 -8.1%
92 CIVI 0.22% 9,524,201 $310M $32.50 $47M
93 CNI 0.22% 3,259,541 $307M $94.28 -$72M -374,898 -10.3%
94 QQQ 0.22% 509,000 $306M $600.37 $25M
95 EIX 0.22% 5,491,219 $304M $55.28 $29M +168,423 +3.2%
96 NEE 0.22% 3,985,220 $301M $75.49 $77M +766,406 +23.8%
97 GEV 0.21% 476,952 $293M $614.90 $85M +83,411 +21.2%
98 TDG 0.21% 221,807 $292M $1,318.02 $29M +48,890 +28.3%
99 TJX 0.21% 2,016,408 $291M $144.54 $164M +987,713 +96.0%
100 PH 0.21% 380,749 $289M $758.15 $32M +12,845 +3.5%

New Positions

SymbolValue% Port
NTSK $204M 0.15%
LAMR $164M 0.12%
HOOD $151M 0.11%
CLS $132M 0.10%
MSTR $127M 0.09%
LKQ $36M 0.03%
DPZ $35M 0.03%
EMN $32M 0.02%
FMC $28M 0.02%
LBRDK $27M 0.02%
WHR $22M 0.02%
PRMB $22M 0.02%
CRS $19M 0.01%
OMC $18M 0.01%
PSKY $16M 0.01%

Sold Out Positions

SymbolValue% Port
PAC —%
RH —%
GNK —%
OC —%
FINV —%
VLRS —%
NUS —%
THR —%
DDD —%
TPB —%
TDC —%
GOLD —%
RVLV —%
ALK —%
ZIP —%
View SEC EDGAR Filings for CANADA PENSION PLAN INVESTMENT BOARD →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms