Federation des caisses Desjardins du Quebec

CIK

2022297

Location

LEVIS, A8

Portfolio Value

Large $25,153,203,992

Diversification

Diversified

Filing Date

Global Rank

#237 / 8,621 ▲ 18 · as of Mar 2026

Top Industry

Banks - Diversified 20.1%

3Y Alpha vs SPY

-2.4%

Period ended 4 months ago

Filed May 14, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+63.6%

SPY

+67.9%

Annualised alpha

-1.0%

Max drawdown

−15.5%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

2,273 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

8.6%

+1.9 pts

Top 5

19.6%

+0.4 pts

Top 10

30.3%

+0.1 pts

HHI

176

Diversified+20

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	32.6%	$8,211,757,399	304
Technology	16.3%	$4,111,182,147	369
Energy	9.7%	$2,439,963,969	125
Industrials	9.5%	$2,399,175,402	295
Communication Services	7.5%	$1,877,542,592	100
Basic Materials	5.6%	$1,411,729,357	167
Consumer Cyclical	5.6%	$1,409,213,180	246
Healthcare	5.6%	$1,399,339,225	317
Consumer Defensive	2.9%	$739,563,046	98
Utilities	2.2%	$549,142,024	78
Real Estate	1.4%	$345,558,720	135
Unclassified	1.0%	$259,036,931	39

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
TU	Telus Corp	+11,461,663	30,855,887	$395,881,030
BCE	Bce Inc	+7,871,365	16,616,186	$419,392,533
RY	Royal Bank Of Canada	+4,143,459	13,445,891	$2,175,276,243
CAE	Cae Inc	+1,248,640	3,053,040	$79,531,689
SU	Suncor Energy Inc	+888,297	8,560,822	$565,955,939
CGC	Canopy Growth Corp	+780,522	795,987	$755,390
SHOP	Shopify Inc.	+650,291	2,920,057	$346,377,158
PSLV	Sprott Physical Silver Trust	+634,186	17,725,590	$432,327,139
BMO	Bank Of Montreal /Can/	+621,040	3,998,880	$541,208,417
AEM	Agnico Eagle Mines Ltd	+516,485	1,128,288	$229,019,895
GIL	Gildan Activewear Inc.	+496,891	780,260	$43,421,468
GIB	Cgi Inc	+418,190	3,765,567	$275,262,946
ITUB	Itau Unibanco Holding S.A.	+403,930	404,269	$3,387,773
NVDA	Nvidia Corp	+400,362	3,676,269	$641,141,312
NFLX	Netflix Inc	+394,503	1,248,578	$120,050,772
CDE	Coeur Mining, Inc.	+340,281	521,135	$9,781,702
BSX	Boston Scientific Corp	+337,704	998,249	$62,640,123
SNY	Sanofi	+322,097	403,774	$19,453,830
BN	BROOKFIELD Corp /ON/	+284,357	13,391,262	$541,944,371
PCG	PG&E Corp	+239,128	741,977	$13,036,533
PR	Permian Resources Corp	+236,071	291,142	$6,207,146
PHYS	Sprott Physical Gold Trust	+231,481	5,821,327	$206,307,827
ORLA	Orla Mining Ltd.	+223,095	479,980	$7,742,076
SLB	Slb Limited/Nv	+214,450	334,427	$17,186,201
MSFT	Microsoft Corp	+210,212	1,752,915	$648,876,543
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
CVE	Cenovus Energy Inc.	−4,253,841	5,820,775	$154,425,158
MFC	Manulife Financial Corp	−828,552	9,161,534	$315,523,229
CNQ	CANADIAN NATURAL RESOURCES Ltd	−597,060	2,866,478	$139,683,471
MGA	Magna International Inc	−581,168	2,097,320	$117,051,428
AGI	Alamos Gold Inc	−485,770	1,860,805	$82,675,564
TRI	Thomson Reuters Corp /Can/	−466,906	201,460	$18,127,369
T	At&T Inc.	−412,089	984,251	$28,533,435
OTEX	Open Text Corp	−398,260	1,092,333	$24,293,484
TECK	Teck Resources Ltd	−382,175	917,463	$47,478,709
BTE	Baytex Energy Corp.	−362,498	1,352,458	$6,045,486
TD	Toronto Dominion Bank	−349,283	9,562,538	$892,280,420
BNS	Bank Of Nova Scotia	−314,207	7,727,358	$535,583,181
NTR	Nutrien Ltd.	−309,023	3,358,464	$253,429,692
HRL	Hormel Foods Corp /De/	−300,316	42,705	$967,267
CP	Canadian Pacific Kansas City Ltd/Cn	−277,784	3,811,690	$299,827,533
PYPL	PayPal Holdings, Inc.	−263,594	64,518	$2,918,147
KGC	Kinross Gold Corp	−221,371	1,675,364	$51,132,108
HDB	Hdfc Bank Ltd	−219,038	6,371	$158,509
RCI	Rogers Communications Inc	−214,911	2,331,364	$89,640,944
NFGC	New Found Gold Corp.	−212,046	88,245	$171,194
CCJ	Cameco Corp	−198,207	767,891	$83,400,639
UL	Unilever PLC	−191,180	577,035	$32,873,683
PLG	Platinum Group Metals Ltd	−172,300	309,900	$548,523
PBA	Pembina Pipeline Corp	−166,280	1,350,873	$60,465,074
CM	Canadian Imperial Bank Of Commerce /Can/	−161,050	3,604,567	$341,532,722
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
MDA	MDA Space Ltd.	2,701,809	$68,409,803
AZN	Astrazeneca PLC	168,010	$33,134,932
FCFS	FirstCash Holdings, Inc.	13,546	$2,546,648
VSEC	Vse Corp	11,403	$2,102,713
SCZM	Santacruz Silver Mining Ltd.	219,800	$1,883,686
PLXS	Plexus Corp	7,925	$1,605,129
QNC	Quantum eMotion Corp	697,562	$1,597,416
URBN	Urban Outfitters Inc	23,038	$1,459,457
PNFP	Pinnacle Financial Partners, Inc.	15,721	$1,354,205
AMCR	Amcor plc	28,392	$1,128,581
SUNB	Sunbelt Rentals Holdings, Inc.	15,433	$1,004,533
KTB	Kontoor Brands, Inc.	11,722	$823,938
ALM	Almonty Industries Inc.	45,300	$655,944
NBR	Nabors Industries Ltd	6,300	$542,178
QGEN	Qiagen N.V.	12,517	$501,180
HSLV	Highlander Silver Corp.	83,006	$488,075
AMG	Affiliated Managers Group, Inc.	1,660	$459,322
CRUS	Cirrus Logic, Inc.	3,165	$457,722
PARR	Par Pacific Holdings, Inc.	6,935	$434,408
CMC	COMMERCIAL METALS Co	6,664	$409,369
AXSM	Axsome Therapeutics, Inc.	2,323	$392,633
EAT	Brinker International, Inc	2,515	$359,066
CBZ	CBIZ, Inc.	12,028	$322,951
NUVL	Nuvalent, Inc.	2,568	$263,091
LBRT	Liberty Energy Inc.	8,775	$252,720
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	114,442	$6,773,821
HRI	Herc Holdings Inc	30,724	$4,558,827
MATX	Matson, Inc.	16,425	$2,029,308
NGD	New Gold Inc. /FI	216,112	$1,882,335
IPGP	Ipg Photonics Corp	21,110	$1,511,476
EXAS	EXACT SCIENCES CORP	14,771	$1,500,142
ARW	Arrow Electronics, Inc.	4,054	$446,669
WIT	Wipro Ltd	145,594	$413,486
LIF	Life360, Inc.	6,041	$387,469
CCC	CCC Intelligent Solutions Holdings Inc.	45,899	$364,897
CORT	Corcept Therapeutics Inc	7,323	$254,840
IMAX	Imax Corp	6,803	$251,438
DVS	DOLLY VARDEN SILVER CORP	31,775	$140,127
ELME	Elme Communities	7,006	$121,904
KNTK	Kinetik Holdings Inc.	3,104	$111,899
WEX	WEX Inc.	716	$106,669
GOTU	Gaotu Techedu Inc.	45,027	$104,462
FG	F&G Annuities & Life, Inc.	2,051	$63,272
AUTL	Autolus Therapeutics plc	31,328	$62,342
AIV	Apartment Investment & Management Co	10,418	$61,882
PRG	PROG Holdings, Inc.	1,500	$44,235
NOAH	Noah Holdings Ltd	4,079	$40,953
HTT	High Templar Tech Ltd	8,418	$29,883
RDVT	Red Violet, Inc.	480	$27,336
ELE	Elemental Royalty Corp	1,411	$23,944
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

2,273 positions · $25,153,203,992 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 2,273 positions by value · page 1 of 46

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
RY	Royal Bank Of Canada Financial Services	Added	13,445,891	+4,143,459	$2,175,276,243	+37.2%	8.65%
TD	Toronto Dominion Bank Financial Services	Reduced	9,562,538	-349,283	$892,280,420	−4.4%	3.55%
MSFT	Microsoft Corp Technology	Added	1,752,915	+210,212	$648,876,543	−13.0%	2.58%
NVDA	Nvidia Corp Technology	Added	3,676,269	+400,362	$641,141,312	+4.9%	2.55%
AAPL	Apple Inc. Technology	Added	2,270,887	+128,789	$576,328,409	−1.0%	2.29%
SU	Suncor Energy Inc Energy	Added	8,560,822	+888,297	$565,955,939	+66.3%	2.25%
BN	BROOKFIELD Corp /ON/ Financial Services	Added	13,391,262	+284,357	$541,944,371	−9.9%	2.15%
BMO	Bank Of Montreal /Can/ Financial Services	Added	3,998,880	+621,040	$541,208,417	+23.4%	2.15%
BNS	Bank Of Nova Scotia Financial Services	Reduced	7,727,358	-314,207	$535,583,181	−9.6%	2.13%
AMZN	Amazon Com Inc Consumer Cyclical	Added	2,437,917	+177,917	$507,744,972	−2.7%	2.02%
TRP	Tc Energy Corp Energy	Added	8,038,058	+147,632	$503,182,430	+15.9%	2.00%
ENB	Enbridge Inc Energy	Added	8,332,847	+111,938	$451,140,335	+14.7%	1.79%
PSLV	Sprott Physical Silver Trust Financial Services	Added	17,725,590	+634,186	$432,327,139	+7.0%	1.72%
GOOGL	Alphabet Inc. Communication Services	Added	1,497,931	+76,429	$430,745,036	−3.2%	1.71%
BCE	Bce Inc Communication Services	Added	16,616,186	+7,871,365	$419,392,533	+101.3%	1.67%
TU	Telus Corp Communication Services	Added	30,855,887	+11,461,663	$395,881,030	+55.0%	1.57%
CNI	Canadian National Railway Co Industrials	Added	3,835,776	+55,621	$394,202,697	+5.5%	1.57%
SHOP	Shopify Inc. Technology	Added	2,920,057	+650,291	$346,377,158	−5.2%	1.38%
SLF	Sun Life Financial Inc Financial Services	Reduced	5,482,153	-91,878	$342,963,490	−1.4%	1.36%
CM	Canadian Imperial Bank Of Commerce /Can/ Financial Services	Reduced	3,604,567	-161,050	$341,532,722	+0.1%	1.36%
MFC	Manulife Financial Corp Financial Services	Reduced	9,161,534	-828,552	$315,523,229	−12.9%	1.25%
CP	Canadian Pacific Kansas City Ltd/Cn Industrials	Reduced	3,811,690	-277,784	$299,827,533	−0.4%	1.19%
GIB	Cgi Inc Technology	Added	3,765,567	+418,190	$275,262,946	−10.9%	1.09%
NTR	Nutrien Ltd. Basic Materials	Reduced	3,358,464	-309,023	$253,429,692	+12.0%	1.01%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	519,798	+10,794	$249,087,200	−2.6%	0.99%
TFII	TFI International Inc. Industrials	Added	2,210,600	+42,310	$240,137,477	+7.2%	0.95%
AVGO	Broadcom Inc. Technology	Added	747,553	+103,783	$231,375,127	+3.8%	0.92%
WPM	Wheaton Precious Metals Corp. Basic Materials	Added	1,763,884	+83,715	$231,086,441	+17.0%	0.92%
AEM	Agnico Eagle Mines Ltd Basic Materials	Added	1,128,288	+516,485	$229,019,895	+120.8%	0.91%
PHYS	Sprott Physical Gold Trust Financial Services	Added	5,821,327	+231,481	$206,307,827	+11.8%	0.82%
META	Meta Platforms, Inc. Communication Services	Added	355,946	+23,590	$203,647,383	−7.2%	0.81%
WMT	Walmart Inc. Consumer Defensive	Added	1,585,263	+55,519	$197,016,483	+15.6%	0.78%
JPM	Jpmorgan Chase & Co Financial Services	Added	650,477	+51,416	$191,344,312	−0.9%	0.76%
V	Visa Inc. Financial Services	Added	627,991	+32,204	$189,803,996	−9.2%	0.75%
JNJ	Johnson & Johnson Healthcare	Added	683,670	+32,727	$167,116,292	+24.1%	0.66%
CVE	Cenovus Energy Inc. Energy	Reduced	5,820,775	-4,253,841	$154,425,158	−9.4%	0.61%
CNQ	CANADIAN NATURAL RESOURCES Ltd Energy	Reduced	2,866,478	-597,060	$139,683,471	+19.1%	0.56%
WCN	Waste Connections, Inc. Industrials	Added	829,271	+73,035	$134,706,779	+1.6%	0.54%
MA	Mastercard Inc Financial Services	Added	242,245	+13,835	$121,040,134	−7.2%	0.48%
NFLX	Netflix Inc Communication Services	Added	1,248,578	+394,503	$120,050,772	+49.9%	0.48%
BAC	Bank Of America Corp /De/ Financial Services	Added	2,462,327	+165,994	$120,038,439	−5.0%	0.48%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	118,736	+15,443	$118,312,110	+32.8%	0.47%
MGA	Magna International Inc Consumer Cyclical	Reduced	2,097,320	-581,168	$117,051,428	−18.0%	0.47%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	327,705	+10,908	$110,747,903	+15.0%	0.44%
UNH	Unitedhealth Group Inc Healthcare	Added	408,302	+28,631	$110,482,436	−11.8%	0.44%
LLY	ELI LILLY & Co Healthcare	Added	109,969	+11,796	$101,146,185	−4.1%	0.40%
QQQ	Invesco Qqq Trust, Series 1	Added	164,068	+3,107	$94,696,766	−4.2%	0.38%
RCI	Rogers Communications Inc Communication Services	Reduced	2,331,364	-214,911	$89,640,944	−6.7%	0.36%
TSLA	Tesla, Inc. Consumer Cyclical	Added	236,940	+9,538	$88,082,443	−13.9%	0.35%
PANW	Palo Alto Networks Inc Technology	Added	522,956	+106,828	$83,840,303	+9.4%	0.33%