Connor, Clark & Lunn Investment Management Ltd.

CIK

1596800

Location

VANCOUVER, A1

Portfolio Value

Large $42,247,659,355

Diversification

Diversified

Filing Date

Global Rank

#161 / 8,608 ▲ 24 · as of Mar 2026

Top Industry

Banks - Diversified 12.3%

3Y Alpha vs SPY

+1.1%

Period ended 3 months ago

Filed May 11, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+78.6%

SPY

+75.2%

Annualised alpha

+0.8%

Max drawdown

−16.9%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

1,507 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

4.1%

−1.2 pts

Top 5

13.8%

−1.9 pts

Top 10

23.5%

−1.1 pts

HHI

Diversified−12

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	21.3%	$9,016,240,187	281
Technology	18.5%	$7,804,758,804	237
Energy	14.8%	$6,251,515,202	112
Basic Materials	11.9%	$5,034,424,824	105
Industrials	10.3%	$4,347,122,923	198
Consumer Cyclical	7.2%	$3,056,368,860	142
Healthcare	6.0%	$2,518,822,442	208
Utilities	3.2%	$1,349,008,436	47
Communication Services	3.1%	$1,289,960,094	57
Consumer Defensive	2.7%	$1,151,557,156	66
Real Estate	1.0%	$405,143,504	51
Unclassified	0.1%	$22,736,923	3

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
BTE	Baytex Energy Corp.	+10,177,307	39,829,373	$178,037,297
ENB	Enbridge Inc	+7,548,761	17,419,225	$943,076,841
SU	Suncor Energy Inc	+4,724,057	14,519,545	$959,887,119
TGB	Trekor Metals Ltd	+4,430,184	14,832,211	$95,667,760
IAG	Iamgold Corp	+3,644,821	8,600,025	$161,852,470
TRP	Tc Energy Corp	+3,400,405	13,054,490	$817,211,074
F	Ford Motor Co	+3,362,033	6,955,959	$80,271,766
INFY	Infosys Ltd	+2,920,176	5,590,707	$75,530,451
LAR	Lithium Argentina AG	+2,760,424	4,769,224	$31,858,416
EFXT	Enerflex Ltd.	+2,638,944	11,193,025	$234,158,083
RCI	Rogers Communications Inc	+2,601,604	3,181,014	$122,309,988
AAL	American Airlines Group Inc.	+2,520,551	4,250,733	$45,652,872
SBSW	Sibanye Stillwater Ltd	+2,495,188	4,341,870	$53,491,838
HDB	Hdfc Bank Ltd	+2,212,174	6,048,718	$150,492,103
GAU	Galiano Gold Inc.	+2,054,953	5,500,226	$13,805,567
TRX	TRX GOLD Corp	+1,943,860	2,902,819	$4,354,228
BBVA	Banco Bilbao Vizcaya Argentaria, S.A.	+1,890,503	2,531,808	$54,838,961
CSX	Csx Corp	+1,833,608	1,889,926	$77,581,462
CP	Canadian Pacific Kansas City Ltd/Cn	+1,816,762	7,077,878	$556,745,883
USAS	Americas Gold & Silver Corp	+1,749,212	5,439,022	$28,391,694
BAC	Bank Of America Corp /De/	+1,719,016	3,295,934	$160,676,782
CVE	Cenovus Energy Inc.	+1,682,500	8,831,030	$234,287,225
NGG	National Grid PLC	+1,619,023	1,844,307	$156,028,372
BTI	British American Tobacco p.l.c.	+1,587,834	1,793,515	$104,866,822
BKR	Baker Hughes Co	+1,585,883	1,712,358	$104,539,455
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
VALE	Vale S.A.	−8,491,547	9,446,336	$150,291,205
NU	Nu Holdings Ltd.	−4,791,031	740,826	$10,645,669
BB	BLACKBERRY Ltd	−3,920,828	8,174,026	$26,483,844
DNN	Denison Mines Corp.	−3,405,530	5,928,360	$20,927,110
T	At&T Inc.	−3,216,370	90,915	$2,635,625
PTON	Peloton Interactive, Inc.	−2,596,027	42,817	$183,684
BAM	Brookfield Asset Management Ltd.	−2,519,671	1,058,073	$47,031,344
OTEX	Open Text Corp	−2,292,103	40,845	$908,392
INTC	Intel Corp	−2,209,149	831,718	$36,703,715
DOW	Dow Inc.	−2,146,750	1,447,649	$60,294,580
AQN	Algonquin Power & Utilities Corp.	−1,960,132	2,983,176	$18,316,700
BP	Bp PLC	−1,959,497	494,909	$23,260,723
HBM	Hudbay Minerals Inc.	−1,862,952	6,968,781	$145,647,522
EQX	Equinox Gold Corp.	−1,831,916	8,245,756	$119,233,631
KGC	Kinross Gold Corp	−1,582,637	10,689,824	$326,253,428
B	Barrick Mining Corp	−1,469,452	8,590,514	$350,407,066
MFC	Manulife Financial Corp	−1,425,807	6,133,150	$211,225,686
SABR	Sabre Corp	−1,298,887	2,287,322	$3,316,616
SLF	Sun Life Financial Inc	−1,262,498	1,485,780	$92,950,396
BTG	B2gold Corp	−1,261,142	15,872,124	$71,900,721
VOD	Vodafone Group Public Ltd Co	−1,260,275	882,826	$13,260,046
GDRX	GoodRx Holdings, Inc.	−1,156,003	241,548	$473,434
MGA	Magna International Inc	−1,153,286	765,330	$42,713,067
PL	Planet Labs PBC	−1,119,648	1,983,612	$55,441,955
SHEL	Shell plc	−1,058,416	1,431,231	$133,104,483
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
MDA	MDA Space Ltd.	9,708,152	$245,810,408
NOW	ServiceNow, Inc.	886,304	$92,663,083
QCOM	Qualcomm Inc/De	691,218	$89,015,054
CDE	Coeur Mining, Inc.	4,357,027	$81,781,396
CI	Cigna Group	297,773	$79,430,947
SLB	Slb Limited/Nv	1,481,547	$76,136,700
EQNR	Equinor ASA	1,794,125	$75,712,075
BMY	Bristol Myers Squibb Co	1,100,589	$66,750,722
CAE	Cae Inc	2,344,602	$61,076,882
LNG	Cheniere Energy, Inc.	206,773	$58,673,906
ALM	Almonty Industries Inc.	3,847,146	$55,706,674
CMG	Chipotle Mexican Grill Inc	1,314,113	$42,064,757
GD	General Dynamics Corp	94,172	$32,321,713
CDNS	Cadence Design Systems Inc	106,781	$29,671,236
PR	Permian Resources Corp	1,218,905	$25,987,054
REGN	Regeneron Pharmaceuticals, Inc.	32,164	$24,851,192
NOC	Northrop Grumman Corp /De/	35,269	$24,061,922
EC	Ecopetrol S.A.	1,548,879	$23,217,696
GFL	GFL Environmental Inc.	481,415	$20,084,633
ZS	Zscaler, Inc.	141,917	$19,909,535
IOT	Samsara Inc.	593,620	$18,811,817
CBRE	Cbre Group, Inc.	138,400	$18,747,664
ULTA	Ulta Beauty, Inc.	33,641	$17,584,487
SO	Southern Co	180,786	$17,449,464
AMGN	Amgen Inc	49,553	$17,435,223
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
GRTUF	Granite Real Estate Investment Trust	2,293,237	$135,736,698
DIS	Walt Disney Co	801,967	$91,239,785
GIL	Gildan Activewear Inc.	965,965	$60,334,173
ACN	Accenture plc	208,127	$55,840,474
COP	Conocophillips	445,606	$41,713,177
ABNB	Airbnb, Inc.	252,048	$34,207,954
FSV	FirstService Corp	184,795	$28,741,166
STZ	Constellation Brands, Inc.	200,547	$27,667,464
DASH	DoorDash, Inc.	110,752	$25,083,112
NGD	New Gold Inc. /FI	2,587,273	$22,535,147
AFL	Aflac Inc	204,107	$22,506,878
IBKR	Interactive Brokers Group, Inc.	339,841	$21,855,174
MP	MP Materials Corp. / DE	427,677	$21,606,242
IONQ	IonQ, Inc.	476,906	$21,398,772
MET	Metlife Inc	265,395	$20,950,281
PSX	Phillips 66	144,330	$18,624,343
AER	AerCap Holdings N.V.	129,506	$18,617,782
NLY	Annaly Capital Management Inc	781,751	$17,479,952
AR	ANTERO RESOURCES Corp	497,489	$17,143,470
WBD	Warner Bros. Discovery, Inc.	580,281	$16,723,698
FROG	JFrog Ltd	252,666	$15,781,518
TDG	TransDigm Group INC	11,494	$15,285,295
APLD	Applied Digital Corp.	591,391	$14,500,907
DOC	Healthpeak Properties, Inc.	882,307	$14,187,496
HOOD	Robinhood Markets, Inc.	122,318	$13,834,165
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

1,507 positions · $42,247,659,355 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 1,507 positions by value · page 1 of 31

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
RY	Royal Bank Of Canada Financial Services	Reduced	10,834,613	-701,064	$1,752,823,691	−10.9%	4.15%
AEM	Agnico Eagle Mines Ltd Basic Materials	Reduced	5,749,629	-779,884	$1,167,059,694	+5.4%	2.76%
TD	Toronto Dominion Bank Financial Services	Added	10,640,443	+1,519,642	$992,859,736	+15.6%	2.35%
SU	Suncor Energy Inc Energy	Added	14,519,545	+4,724,057	$959,887,119	+120.9%	2.27%
ENB	Enbridge Inc Energy	Added	17,419,225	+7,548,761	$943,076,841	+99.8%	2.23%
NVDA	Nvidia Corp Technology	Added	5,180,697	+751,886	$903,513,556	+9.4%	2.14%
CM	Canadian Imperial Bank Of Commerce /Can/ Financial Services	Reduced	9,134,241	-97,111	$865,469,334	+3.5%	2.05%
TRP	Tc Energy Corp Energy	Added	13,054,490	+3,400,405	$817,211,074	+53.9%	1.93%
AAPL	Apple Inc. Technology	Added	3,021,296	+743,098	$766,774,711	+23.8%	1.81%
SHOP	Shopify Inc. Technology	Added	6,384,833	+182,560	$757,368,890	−24.1%	1.79%
BNS	Bank Of Nova Scotia Financial Services	Reduced	9,331,541	-856,102	$646,769,106	−13.8%	1.53%
CP	Canadian Pacific Kansas City Ltd/Cn Industrials	Added	7,077,878	+1,816,762	$556,745,883	+43.7%	1.32%
MSFT	Microsoft Corp Technology	Added	1,462,528	+310,927	$541,383,989	−2.8%	1.28%
AMZN	Amazon Com Inc Consumer Cyclical	Added	2,447,707	+435,122	$509,783,936	+9.7%	1.21%
CLS	Celestica Inc Technology	Added	1,669,253	+41,963	$470,195,185	−2.3%	1.11%
CNI	Canadian National Railway Co Industrials	Added	4,575,185	+1,507,551	$470,191,762	+55.1%	1.11%
GOOGL	Alphabet Inc. Communication Services	Added	1,533,694	+814,964	$441,029,046	+96.0%	1.04%
CCJ	Cameco Corp Energy	Reduced	3,683,294	-628,936	$400,042,561	+1.4%	0.95%
B	Barrick Mining Corp Basic Materials	Reduced	8,590,514	-1,469,452	$350,407,066	−20.0%	0.83%
CNQ	CANADIAN NATURAL RESOURCES Ltd Energy	Added	6,717,486	+696,013	$327,343,092	+60.6%	0.77%
KGC	Kinross Gold Corp Basic Materials	Reduced	10,689,824	-1,582,637	$326,253,428	−5.6%	0.77%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	849,639	-51,622	$287,135,500	+4.8%	0.68%
MA	Mastercard Inc Financial Services	Added	573,464	+252,570	$286,537,022	+56.4%	0.68%
BMO	Bank Of Montreal /Can/ Financial Services	Added	2,090,424	+20,879	$282,917,984	+5.3%	0.67%
ASML	Asml Holding NV Technology	Reduced	207,513	-66,966	$274,089,395	−6.7%	0.65%
WCN	Waste Connections, Inc. Industrials	Added	1,673,089	+345,222	$271,776,577	+16.7%	0.64%
FTS	Fortis Inc. Utilities	Added	4,841,744	+601,332	$270,120,897	+22.6%	0.64%
V	Visa Inc. Financial Services	Added	850,653	+90,916	$257,101,362	−3.5%	0.61%
AVGO	Broadcom Inc. Technology	Reduced	811,972	-135,523	$251,313,453	−23.4%	0.59%
MDA	MDA Space Ltd. Industrials	NEW	9,708,152	NEW	$245,810,408	NEW	0.58%
MCD	Mcdonalds Corp Consumer Cyclical	Added	763,056	+271,465	$237,150,174	+57.8%	0.56%
LLY	ELI LILLY & Co Healthcare	Added	256,933	+180,032	$236,319,265	+185.9%	0.56%
CVE	Cenovus Energy Inc. Energy	Added	8,831,030	+1,682,500	$234,287,225	+93.7%	0.55%
EFXT	Enerflex Ltd. Energy	Reduced	11,193,025	-5,915,137	$234,158,083	−11.3%	0.55%
META	Meta Platforms, Inc. Communication Services	Added	407,955	+143,764	$233,403,294	+33.8%	0.55%
LRCX	Lam Research Corp Technology	Added	1,088,123	+281,074	$232,488,360	+68.3%	0.55%
CVX	Chevron Corp Energy	Added	1,105,006	+1,068,826	$228,625,741	+4046.1%	0.54%
UNP	Union Pacific Corp Industrials	Added	929,527	+195,167	$225,521,840	+32.8%	0.53%
MU	Micron Technology Inc Technology	Reduced	651,716	-57,278	$220,175,733	+8.8%	0.52%
MFC	Manulife Financial Corp Financial Services	Reduced	6,133,150	-1,425,807	$211,225,686	−23.0%	0.50%
MS	Morgan Stanley Financial Services	Added	1,252,759	+514,285	$206,166,548	+57.3%	0.49%
BN	BROOKFIELD Corp /ON/ Financial Services	Reduced	4,938,599	-548,259	$199,865,101	−20.6%	0.47%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	195,447	+89,739	$194,749,254	+113.6%	0.46%
SCHW	Schwab Charles Corp Financial Services	Added	2,062,821	+489,118	$193,863,917	+23.3%	0.46%
KMI	Kinder Morgan, Inc. Energy	Added	5,725,664	+1,438,021	$191,981,513	+62.9%	0.45%
BTE	Baytex Energy Corp. Energy	Added	39,829,373	+10,177,307	$178,037,297	+85.9%	0.42%
SNPS	Synopsys Inc Technology	Added	439,296	+388,051	$174,172,078	+623.6%	0.41%
XOM	ExxonMobil Holdings Corp Energy	Reduced	1,003,872	-555,552	$170,316,923	−9.2%	0.40%
PAAS	Pan American Silver Corp Basic Materials	Reduced	3,116,439	-883,419	$170,251,062	−17.8%	0.40%
LMT	Lockheed Martin Corp Industrials	Added	277,684	+179,337	$167,829,432	+252.8%	0.40%