SEC 13F Intelligence

Managers / Q1 2023 · view latest →

SUN LIFE FINANCIAL INC

CIK 0001097362 · SUN LIFE ASSURANCE CO OF CANADA, ONE YORK STREET, TORONTO, M5J 0B6 · 4169794800

Reported Value
$1.4B
Q1 2023
Positions
70
Filings on Record
31
2019–present window
Filed
May 11, 2023
original filing

Summary

Sun Life Financial Inc reported $1.4B in U.S.-listed holdings across 70 positions for Q1 2023.

The portfolio is heavily concentrated: SPY alone accounts for 53.8% of reported value.

Compared with Q4 2022, the fund opened 2 new positions and exited 3.

Portfolio Metrics

Turnover
+0.9%
vs prior filed quarter
Top-10 Concentration
+85.4%
share of reported value
Largest Position
+53.8%
Spdr S P 500 Etf
New / Exited
2 / 3
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $474MQ4 ’18Q1 ’19: $453MQ2 ’19: $398MQ3 ’19: $388MQ4 ’19: $374MQ4 ’19Q1 ’20: $397MQ2 ’20: $515MQ3 ’20: $627MQ4 ’20: $762MQ4 ’20Q1 ’21: $1.2BQ2 ’21: $2.0BQ3 ’21: $1.7BQ4 ’21: $2.7BQ4 ’21Q1 ’22: $2.2BQ2 ’22: $1.3BQ3 ’22: $1.2BQ4 ’22: $1.3BQ4 ’22Q1 ’23: $1.4BQ2 ’23: $1.6BQ4 ’23: $1.7BQ1 ’24: $1.6BQ1 ’24Q2 ’24: $1.7BQ3 ’24: $1.8BQ4 ’24: $1.8BQ1 ’25: $1.6BQ1 ’25Q2 ’25: $1.8BQ3 ’25: $2.0BQ4 ’25: $1.9BQ1 ’26: $1.8BQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 83.6%REIT: 8.1%Other: 5.8%Common Stock: 2.5%
  • ETP · 83.6% · $1.2B
  • REIT · 8.1% · $115M
  • Other · 5.8% · $81M
  • Common Stock · 2.5% · $35M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPDR SER TRNEW+168.0K168.0K+$15M$15M
IEFISHARES TRNEW+152.0K152.0K+$15M$15M
ISHARES TRADDED+86.0K94.0K+$9M$10M
EFAISHARES MSCI EAFE INDEX FUNDADDED+32.2K43.1K+$2M$3M
DEIDOUGLAS EMMETT INCSOLD OUT−191.5K0−$3M$0
BXPBOSTON PROPERTIES INCSOLD OUT−15.7K0−$1M$0
ZBHZIMMER BIOMET HOLDINGS INCSOLD OUT−1.7K0−$214,864$0
IVOOVANGUARD ADMIRAL FDS INCADDED+15.8K31.6K+$91,360$3M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2023

66 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SPYSPDR S&P 500 ETF TRUSThistory →* SPDR S&P 500 ETF TR TR UNIT53.83%$759M1.85M
2MISTER CAR WASH INCCOM5.67%$80M9.27M
3IGSBISHARES TRUST ISHARES 1-5 YEAR INVESTMENT GRADE CORPORATE BOND ETFhistory →* ISHARES TR ISHS 1-5YR INVS5.41%$76M1.51M
4QQQINVESCO QQQ TRUST SERIES 1history →* INVESCO QQQ TR UNIT SER 14.37%$62M191.9K
5JPSTJ P MORGAN EXCHANGE TRADED Fhistory →ULTRA SHRT INC3.31%$47M928.4K
6PLDPROLOGIS INChistory →* PROLOGIS INC. COM3.26%$46M368.4K
7NEARISHARES U S ETF TRhistory →BLACKROCK ST MAT2.85%$40M810.3K
8MINTPIMCO ETF TRhistory →ENHAN SHRT MA AC2.83%$40M402.3K
9VOOVANGUARD S&P 500 ETFhistory →* VANGUARD INDEX FDS S&P 500 ETF SHS2.06%$29M77.2K
10XVVISHARES ESG SCREENED S&P 500 ETFhistory →ISHARES TR ESG SCRND S&P5001.80%$25M823.0K
11IEFISHARES TR7-10 YR TRSY BD · IBOXX INV CP ETF · CORE S&P MCP ETF1.74%$25M239.1K
12IVVISHARES MSCI EAFE INDEX FUND* ISHARES TR CORE S&P500 ETF · * ISHARES TR MSCI EAFE ETF1.70%$24M93.9K
13CPTCAMDEN PROPERTY TRUSThistory →* CAMDEN PPTY TR SH BEN INT1.60%$23M215.8K
14AVBAVALONBAY COMMUNITIES INChistory →* AVALONBAY CMNTYS INC COM1.26%$18M106.0K
15SPDR SER TRBloomberg High Y1.09%$15M168.0K
16REXRREXFORD INDUSTRIAL REALTY INChistory →* REXFORD INDL RLTY INC COM1.06%$15M249.9K
17CCAPCRESCENT CAPITAL BDC INChistory →* CRESCENT CAP BDC INC COM1.04%$15M1.08M
18FRFIRST INDUSTRIAL REALTY TRUST INChistory →* FIRST INDL RLTY TR INC COM0.95%$13M252.9K
19EWUISHARES MSCI UNITED KINGDOM INDEX FUND* ISHARES TR MSCI UK ETF NEW0.64%$9M280.1K
20EWJISHARES MSCI JAPAN UCITS ETF* ISHARES INC MSCI JPN ETF NEW0.46%$6M110.3K
21VYMVANGUARD WHITEHALL FDSHIGH DIV YLD0.43%$6M56.8K
22VEUVANGUARD INTL EQUITY INDEX FALLWRLD EX US0.33%$5M87.8K
23IVOOVANGUARD ADMIRAL FDS INCMIDCP 400 IDX · SMLLCP 600 IDX0.33%$5M53.1K
24EWQISHARES MSCI FRANCE ETF* ISHARES INC MSCI FRANCE ETF0.20%$3M73.2K
25VVISA INC* VISA INC COM CL A0.10%$1M6.1K
26PROSHARES ULTRASHORT REAL ESTATE* PROSHARES TR ULTSHT REAL EST0.09%$1M72.8K
27TMOTHERMO FISHER SCIENTIFIC INC* THERMO FISHER SCIENTIFIC INC COM0.09%$1M2.2K
28EWWISHARES MSCI MEXICO CAPPED ETF* ISHARES INC MSCI MEXICO ETF0.08%$1M19.2K
29MDTMEDTRONIC PLC* MEDTRONIC PLC SHS0.08%$1M13.8K
30CMCSACOMCAST CORP* COMCAST CORP NEW CL A0.07%$1M27.8K
31CANADIAN PACIFIC RAILWAY LTD* CANADIAN PAC RY LTD COM0.06%$893,38211.6K
32HONHONEYWELL INTERNATIONAL INC* HONEYWELL INTL INC COM0.06%$891,5984.7K
33iShares iBoxx $ Investment Grade Corporate Bond ETFIBOXX INV CP ETF0.06%$878,7788.0K
34ORCLORACLE CORP* ORACLE CORP COM0.06%$866,3129.3K
35GOOGLALPHABET INC* ALPHABET INC CAP STK CL A0.06%$812,1787.9K
36BSXBOSTON SCIENTIFIC CORP* BOSTON SCIENTIFIC CORP COM0.06%$804,75916.1K
37GSGOLDMAN SACHS GROUP INC* GOLDMAN SACHS GROUP INC COM0.06%$780,7982.4K
38CNICANADIAN NATIONAL RAILWAY CO* CANADIAN NATL RY CO COM0.05%$736,1986.3K
39SYKSTRYKER CORP* STRYKER CORPORATION COM0.05%$682,7912.4K
40IFFINTERNATIONAL FLAVORS & FRAGRANCES INC* INTERNATIONAL FLAVORS&FRAGRA COM0.04%$603,3476.6K
41SCHWCHARLES SCHWAB CORP* SCHWAB CHARLES CORP COM0.04%$594,02711.4K
42ABTABBOTT LABORATORIES* ABBOTT LABS COM0.04%$590,9065.9K
43AXPAMERICAN EXPRESS CO* AMERICAN EXPRESS CO COM0.04%$582,3313.5K
44FISVFISERV INC* FISERV INC COM0.04%$571,8305.1K
45DISWALT DISNEY CO* DISNEY WALT CO COM0.04%$562,3605.6K
46EWGISHARES MSCI GERMANY ETF* ISHARES INC MSCI GERMANY ETF0.04%$538,60618.9K
47LBRDKLIBERTY BROADBAND CORP* LIBERTY BROADBAND CORP COM SER C0.04%$509,2206.3K
48PPGPPG INDUSTRIES INC* PPG INDS INC COM0.04%$494,4613.7K
49UPSUNITED PARCEL SERVICE INC* UNITED PARCEL SERVICE INC CL B0.03%$482,8432.5K
50UNPUNION PACIFIC CORP* UNION PAC CORP COM0.03%$478,7232.4K
51EFXEQUIFAX INC* EQUIFAX INC COM0.03%$469,6972.3K
52COOPER COS INC* COOPER COS INC COM NEW0.03%$437,7781.2K
53CTSHCOGNIZANT TECHNOLOGY SOLUTIONS CORP* COGNIZANT TECHNOLOGY SOLUTIO CL A0.03%$408,0436.7K
54FISFIDELITY NATIONAL INFORMATION SERVICES INC* FIDELITY NATL INFORMATION SV COM0.03%$386,0287.1K
55MMM3M CO* 3M CO COM0.03%$375,5083.6K
56WATWATERS CORP* WATERS CORP COM0.03%$357,7051.2K
57APHAMPHENOL CORP* AMPHENOL CORP NEW CL A0.02%$318,0743.9K
58EBAYEBAY INC* EBAY INC. COM0.02%$302,7836.8K
59MCHPMICROCHIP TECHNOLOGY INC* MICROCHIP TECHNOLOGY INC. COM0.02%$268,9183.2K
60OTISOTIS WORLDWIDE CORP* OTIS WORLDWIDE CORP COM0.02%$264,9013.1K
61MARMARRIOTT INTERNATIONAL INC* MARRIOTT INTL INC NEW CL A0.02%$263,3321.6K
62CLCOLGATE-PALMOLIVE CO* COLGATE PALMOLIVE CO COM0.02%$223,9923.0K
63PYPLPAYPAL HOLDINGS INC* PAYPAL HLDGS INC COM0.01%$161,5252.1K
64OMCOMNICOM GROUP INC* OMNICOM GROUP INC COM0.01%$140,4611.5K
65CARRCARRIER GLOBAL CORP* CARRIER GLOBAL CORPORATION COM0.01%$114,6982.5K
66IQVIQVIA HLDGS INCCOM0.00%$57,467289

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.8B48May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.9B43Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$2.0B39Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.8B40Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.6B36May 8, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.8B39Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.8B37Oct 24, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.7B33Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.6B36May 7, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.7B28Feb 22, 2024RESTATEMENTchanges · EDGAR ↗
Q3 2023Under review28Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.6B34Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.4B70May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.3B70Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.2B70Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.3B71Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$2.2B88May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$2.7B95Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.7B81Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$2.0B81Aug 10, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.2B517May 12, 202113F-HRchanges · EDGAR ↗
Q4 2020$762M510Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$627M513Nov 9, 202013F-HRchanges · EDGAR ↗
Q2 2020$515M470Aug 12, 202013F-HRchanges · EDGAR ↗
Q1 2020$397M466May 12, 202013F-HRchanges · EDGAR ↗
Q4 2019$374M466Feb 10, 202013F-HRchanges · EDGAR ↗
Q3 2019$388M614Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$398M608Aug 8, 201913F-HRchanges · EDGAR ↗
Q1 2019$453M609May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$474M613Feb 6, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 4 additional managers.

  • MFS028-04968
  • SUN LIFE CAPITAL MANAGEMENT (U.S.) LLC028-12046
  • Sun Life Assurance Co of Canada028-12047
  • Crescent Capital Group LP028-15882

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.