SEC 13F Intelligence

Managers / Q3 2023 · view latest →

CANADA PENSION PLAN INVESTMENT BOARD

CIK 0001283718 · ONE QUEEN STREET EAST, STE 2500, TORONTO ONTARIO, A6, M5C2W5 · 416 972 8226

Reported Value
$68.4B
Q3 2023
Positions
992
Filings on Record
32
2019–present window
Filed
Nov 9, 2023
original filing

Summary

Canada Pension Plan Investment Board reported $68.4B in U.S.-listed holdings across 992 positions for Q3 2023.

Its largest position, GOOGL, represents 5.1% of the portfolio.

Compared with Q2 2023, the fund opened 129 new positions and exited 130.

Portfolio Metrics

Turnover
+9.3%
vs prior filed quarter
Top-10 Concentration
+21.9%
share of reported value
Largest Position
+5.1%
Alphabet
New / Exited
129 / 130
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: $44.9BQ4 ’18Q1 ’19: $51.9BQ2 ’19: $49.5BQ3 ’19: $48.6BQ4 ’19: $50.9BQ4 ’19Q1 ’20: $38.0BQ2 ’20: $46.8BQ3 ’20: $53.1BQ4 ’20: $66.9BQ4 ’20Q1 ’21: $77.1BQ2 ’21: $83.8BQ3 ’21: $83.6BQ4 ’21: $94.1BQ4 ’21Q1 ’22: $74.5BQ2 ’22: $60.2BQ3 ’22: $58.9BQ4 ’22: $56.4BQ4 ’22Q1 ’23: $63.2BQ2 ’23: $65.9BQ3 ’23: $68.4BQ4 ’23: $79.2BQ4 ’23Q1 ’24: $95.2BQ2 ’24: $101.8BQ3 ’24: $105.6BQ4 ’24: $105.0BQ4 ’24Q1 ’25: $103.0BQ2 ’25: $116.9BQ3 ’25: $142.4BQ4 ’25: $149.5BQ4 ’25Q1 ’26: $155.0Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 81.9%REIT: 7.7%ETP: 4.3%Other: 3.7%ADR: 2.2%Other: 0.3%
  • Common Stock · 81.9% · $56.0B
  • REIT · 7.7% · $5.3B
  • ETP · 4.3% · $2.9B
  • Other · 3.7% · $2.6B
  • ADR · 2.2% · $1.5B
  • Other · 0.3% · $174M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+1.75M1.75M+$179M$179M
INFYINFOSYS LTDNEW+9.26M9.26M+$158M$158M
ARESARES MANAGEMENT CORPORATIONNEW+910.7K910.7K+$94M$94M
DPZDOMINOS PIZZA INCNEW+194.7K194.7K+$74M$74M
KVUEKENVUE INCNEW+3.02M3.02M+$61M$61M
CRHCRH PLCNEW+652.9K652.9K+$36M$36M
FNFFIDELITY NATIONAL FINANCIALNEW+800.0K800.0K+$33M$33M
NUNU HLDGS LTDNEW+4.54M4.54M+$33M$33M

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

Holdings — Q3 2023

494 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GOOGLALPHABET INCCommon Stock5.05%$3.5B26.37M
2NVDANVIDIA CORPORATIONhistory →Common Stock2.28%$1.6B3.59M
3INFORMATICA INCCommon Stock2.26%$1.5B73.45M
4CNQCANADIAN NAT RES LTDhistory →Common Stock2.25%$1.5B23.65M
5MAMASTERCARD INCORPORATEDhistory →Common Stock2.08%$1.4B3.59M
6CIVICIVITAS RESOURCES INChistory →Common Stock1.95%$1.3B16.48M
7UNHUNITEDHEALTH GROUP INChistory →Common Stock1.81%$1.2B2.46M
8LINLINDE PLChistory →Common Stock1.61%$1.1B2.96M
9SPYSPDR S&P 500 ETF TRhistory →Public Fund1.39%$953M2.23M
10TRPTC ENERGY CORPhistory →Common Stock1.24%$849M24.57M
11METAMETA PLATFORMS INChistory →Common Stock1.22%$834M2.78M
12SPORTRADAR GROUP AGCommon Stock1.18%$808M80.68M
13PGPROCTER AND GAMBLE COhistory →Common Stock1.18%$804M5.51M
14UNPUNION PAC CORPhistory →Common Stock1.15%$783M3.85M
15WTRGESSENTIAL UTILS INChistory →Common Stock1.09%$744M21.66M
16LYVLIVE NATION ENTERTAINMENT INhistory →Common Stock1.07%$731M8.80M
17AMZNAMAZON COM INChistory →Common Stock1.01%$691M5.43M
18MSFTMICROSOFT CORPhistory →Common Stock0.99%$680M2.15M
19COSTCOSTCO WHSL CORP NEWhistory →Common Stock0.96%$656M1.16M
20QQQINVESCO QQQ TRhistory →Public Fund0.93%$638M1.78M
21IQVIQVIA HLDGS INChistory →Common Stock0.89%$609M3.09M
22DLRDIGITAL RLTY TR INChistory →REIT0.83%$570M4.71M
23LLYELI LILLY & COhistory →Common Stock0.82%$559M1.04M
24TDTORONTO DOMINION BK ONThistory →Common Stock0.80%$545M9.00M
25PANWPALO ALTO NETWORKS INChistory →Common Stock0.76%$517M2.20M
26EQHEQUITABLE HLDGS INChistory →Common Stock0.75%$516M18.17M
27DDOMINION ENERGY INChistory →Common Stock0.75%$512M11.47M
28IWMISHARES TRPublic Fund0.74%$508M3.78M
29KOCOCA COLA COhistory →Common Stock0.74%$507M9.06M
30WMTWALMART INChistory →Common Stock0.72%$489M3.06M
31PEPPEPSICO INChistory →Common Stock0.69%$474M2.80M
32AVTRAVANTOR INChistory →Common Stock0.69%$470M22.30M
33XLFSELECT SECTOR SPDR TRPublic Fund0.67%$459M12.20M
34EQIXEQUINIX INChistory →REIT0.67%$459M632.0K
35ENDEAVOR GROUP HLDGS INCCommon Stock0.61%$419M21.04M
36RENEW ENERGY GLOBAL PLCCommon Stock0.61%$415M76.50M
37JNJJOHNSON & JOHNSONhistory →Common Stock0.59%$405M2.60M
38AREALEXANDRIA REAL ESTATE EQ INhistory →REIT0.59%$404M4.04M
39JPMJPMORGAN CHASE & COhistory →Common Stock0.59%$401M2.76M
40NFLXNETFLIX INChistory →Common Stock0.58%$395M1.04M
41INVHINVITATION HOMES INChistory →REIT0.57%$391M12.34M
42RCLROYAL CARIBBEAN GROUPhistory →Common Stock0.57%$387M4.20M
43BKNGBOOKING HOLDINGS INChistory →Common Stock0.55%$378M122.5K
44PLDPROLOGIS INC.history →REIT0.55%$376M3.35M
45RYROYAL BK CDAhistory →Common Stock0.54%$368M4.19M
46BRK/BBERKSHIRE HATHAWAY INC DELhistory →Common Stock0.54%$367M1.05M
47ENSTAR GROUP LIMITEDCommon Stock0.53%$363M1.50M
48NKENIKE INChistory →Common Stock0.52%$355M3.71M
49BSXBOSTON SCIENTIFIC CORPhistory →Common Stock0.51%$352M6.67M
50TMUST-MOBILE US INChistory →Common Stock0.51%$351M2.51M
51DHRDANAHER CORPORATIONhistory →Common Stock0.51%$350M1.41M
52ENBENBRIDGE INChistory →Common Stock0.51%$348M10.45M
53MRKMERCK & CO INChistory →Common Stock0.51%$346M3.37M
54ABBVABBVIE INChistory →Common Stock0.50%$340M2.28M
55AAPLAPPLE INChistory →Common Stock0.49%$334M1.95M
56PFEPFIZER INChistory →Common Stock0.49%$333M10.03M
57PMPHILIP MORRIS INTL INChistory →Common Stock0.47%$319M3.45M
58EQREQUITY RESIDENTIALhistory →REIT0.45%$306M5.21M
59AVBAVALONBAY CMNTYS INChistory →REIT0.44%$300M1.75M
60SHOPSHOPIFY INChistory →Common Stock0.44%$299M5.46M
61CRMSALESFORCE INChistory →Common Stock0.43%$293M1.44M
62BACBANK AMERICA CORPhistory →Common Stock0.43%$292M10.66M
63APTIV PLCCommon Stock0.43%$291M2.95M
64AMDADVANCED MICRO DEVICES INChistory →Common Stock0.42%$287M2.79M
65AMTAMERICAN TOWER CORP NEWhistory →Common Stock0.40%$271M1.65M
66HDHOME DEPOT INChistory →Common Stock0.38%$262M866.8K
67MDLZMONDELEZ INTL INChistory →Common Stock0.38%$261M3.77M
68EXMOCEXXON MOBIL CORPhistory →Common Stock0.37%$254M2.16M
69DLTRDOLLAR TREE INChistory →Common Stock0.37%$254M2.39M
70MSMORGAN STANLEYhistory →Common Stock0.37%$253M3.10M
71LNGCHENIERE ENERGY INChistory →Common Stock0.36%$248M1.50M
72WOOFPETCO HEALTH & WELLNESS CO Ihistory →Common Stock0.36%$244M59.77M
73MNSOMINISO GROUP HLDG LTDhistory →Depository Receipt0.35%$240M9.27M
74ABTABBOTT LABShistory →Common Stock0.34%$235M2.42M
75POWERSCHOOL HOLDINGS INCCommon Stock0.33%$229M10.11M
76NTRNUTRIEN LTDhistory →Common Stock0.33%$223M3.60M
77PSAPUBLIC STORAGEhistory →REIT0.32%$222M841.2K
78AMGNAMGEN INChistory →Common Stock0.32%$219M815.9K
79TMETENCENT MUSIC ENTMT GROUPhistory →Depository Receipt0.32%$217M34.08M
80NEENEXTERA ENERGY INChistory →Common Stock0.31%$212M3.70M
81XRTSPDR SER TRPublic Fund0.31%$211M3.36M
82VSATVIASAT INChistory →Common Stock0.31%$210M11.36M
83CMCSACOMCAST CORP NEWhistory →Common Stock0.30%$208M4.69M
84BMYBRISTOL-MYERS SQUIBB COhistory →Common Stock0.30%$204M3.51M
85TMOTHERMO FISHER SCIENTIFIC INChistory →Common Stock0.29%$201M397.3K
86LADLITHIA MTRS INChistory →Common Stock0.29%$200M678.6K
87AZOAUTOZONE INChistory →Common Stock0.28%$194M76.4K
88CLCOLGATE PALMOLIVE COhistory →Common Stock0.28%$193M2.72M
89LAM RESEARCH CORPCommon Stock0.28%$189M301.1K
90CMGCHIPOTLE MEXICAN GRILL INChistory →Common Stock0.28%$188M102.8K
91MAAMID-AMER APT CMNTYS INChistory →Common Stock0.27%$185M1.44M
92CNICANADIAN NATL RY COhistory →Common Stock0.27%$182M1.68M
93MGMMGM RESORTS INTERNATIONALhistory →Common Stock0.26%$178M4.85M
94STLASTELLANTIS N.Vhistory →Common Stock0.26%$177M9.17M
95FTVFORTIVE CORPhistory →Common Stock0.26%$177M2.38M
96WFCWELLS FARGO CO NEWhistory →Common Stock0.25%$174M4.26M
97CPCANADIAN PACIFIC KANSAS CITYhistory →Common Stock0.25%$173M2.32M
98MPCMARATHON PETE CORPhistory →Common Stock0.25%$172M1.13M
99DISDISNEY WALT COhistory →Common Stock0.25%$169M2.08M
100MELIMERCADOLIBRE INChistory →Common Stock0.24%$162M127.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$155.0B1,680May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$149.5B1,971Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$142.4B1,346Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$116.9B1,345Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$103.0B1,297May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$105.0B1,398Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$105.6B1,319Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$101.8B1,361Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$95.2B1,167May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$79.2B1,085Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$68.4B992Nov 9, 202313F-HRchanges · EDGAR ↗
Q2 2023$65.9B993Aug 9, 202313F-HRchanges · EDGAR ↗
Q1 2023$63.2B1,052May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$56.4B1,160Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$58.9B1,193Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$60.2B1,270Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$74.5B1,323May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$94.1B1,452Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$83.6B1,170Nov 16, 2021RESTATEMENTchanges · EDGAR ↗
Q2 2021$83.8B1,170Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$77.1B1,295May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$66.9B1,394Feb 17, 202113F-HRchanges · EDGAR ↗
Q3 2020$53.1B1,140Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$46.8B1,385Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$38.0B1,302May 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$50.9B1,440Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$48.6B1,218Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$49.5B1,268Aug 12, 201913F-HRchanges · EDGAR ↗
Q1 2019$51.9B1,561May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$44.9B1,300Feb 6, 201913F-HRchanges · EDGAR ↗

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 ↗.