Caisse de depot et placement du Quebec

CIK

898286

Location

Montreal, A8

Portfolio Value

Mid $1,339,652,581

Diversification

Diversified

Filing Date

Global Rank

#65 / 8,232 ▲ 12

Top Industry

Semiconductors 7.8%

3Y Alpha vs SPY

-6.9%

Period ended 2 months ago

Filed May 14, 2026 · 31d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

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

Cloned portfolio

+47.8%

SPY

+76.3%

Annualised alpha

-6.9%

Max drawdown

−17.0%

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

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

Top Position

4.7%

+0.0 pts

Top 5

18.9%

−0.8 pts

Top 10

27.7%

−1.9 pts

HHI

120

Diversified−11

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	25.8%	$15,329,724,190	114
Financial Services	15.9%	$9,434,444,697	103
Industrials	15.0%	$8,926,565,340	115
Healthcare	10.2%	$6,079,281,875	73
Consumer Cyclical	10.1%	$6,021,373,231	75
Communication Services	8.8%	$5,259,371,389	25
Consumer Defensive	4.7%	$2,799,106,854	39
Basic Materials	3.2%	$1,894,916,590	48
Utilities	2.3%	$1,339,652,581	21
Energy	2.1%	$1,221,745,187	15
Real Estate	2.0%	$1,196,340,466	33

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
CNI	Canadian National Railway Co	+4,889,251	18,784,173	$1,930,449,459
F	Ford Motor Co	+4,560,137	7,396,546	$85,356,140
HBAN	Huntington Bancshares Inc /Md/	+4,280,804	4,692,931	$73,444,370
GIL	Gildan Activewear Inc.	+4,201,280	10,441,294	$581,058,011
T	At&T Inc.	+2,751,703	12,985,610	$376,452,833
NVDA	Nvidia Corp	+2,340,354	15,787,881	$2,753,406,446
ENB	Enbridge Inc	+2,301,387	4,471,686	$242,097,080
MFC	Manulife Financial Corp	+2,161,818	4,487,458	$154,548,053
CSCO	Cisco Systems, Inc.	+2,027,876	5,562,183	$431,569,778
TRP	Tc Energy Corp	+1,836,579	4,121,843	$258,027,371
INVH	Invitation Homes Inc.	+1,552,899	1,627,899	$40,453,290
ABT	Abbott Laboratories	+1,540,719	3,419,348	$351,064,459
HAL	Halliburton Co	+1,461,866	5,369,249	$209,347,018
AAPL	Apple Inc.	+1,387,291	11,082,804	$2,812,704,827
NU	Nu Holdings Ltd.	+1,333,959	1,622,929	$23,321,489
KIM	Kimco Realty Corp	+1,284,396	4,956,293	$111,367,903
BAC	Bank Of America Corp /De/	+1,254,651	7,502,558	$365,749,702
CMCSA	Comcast Corp	+1,206,912	2,124,289	$60,988,337
ADM	Archer-Daniels-Midland Co	+1,165,166	1,920,383	$139,592,640
NTR	Nutrien Ltd.	+1,106,379	2,387,942	$180,194,103
NOV	NOV Inc.	+1,080,960	1,120,481	$21,076,247
PCG	PG&E Corp	+1,067,037	2,451,619	$43,074,945
DD	DuPont de Nemours, Inc.	+1,009,410	3,946,219	$180,736,830
EQR	Equity Residential	+1,009,259	1,389,996	$82,218,263
LYFT	Lyft, Inc.	+1,000,050	1,025,864	$13,643,991
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
ZVIA	Zevia PBC	−3,500,000	13,550,428	$15,854,000
SLB	Slb Limited/Nv	−2,523,340	516,242	$26,529,676
BN	BROOKFIELD Corp /ON/	−2,089,975	2,670,419	$108,071,856
KR	Kroger Co	−1,783,550	66,978	$4,846,528
LRCX	Lam Research Corp	−1,714,417	764,263	$163,292,432
PYPL	PayPal Holdings, Inc.	−1,309,648	499,373	$22,586,640
UBER	Uber Technologies, Inc	−1,077,764	2,188,826	$157,442,254
RF	Regions Financial Corp	−1,026,166	381,025	$9,952,373
BRO	Brown & Brown, Inc.	−1,008,172	89,986	$5,867,987
WFC	Wells Fargo & Company/Mn	−891,125	2,628,620	$209,264,438
KVUE	Kenvue Inc.	−846,165	28,835	$497,115
MOS	Mosaic Co	−822,990	1,198,464	$30,560,832
RPRX	Royalty Pharma plc	−693,654	218,031	$10,458,947
IBKR	Interactive Brokers Group, Inc.	−638,044	655,749	$43,981,085
CF	CF Industries Holdings, Inc.	−608,191	915,878	$118,917,599
NKE	NIKE, Inc.	−600,989	223,745	$11,818,210
UNM	Unum Group	−595,859	25,200	$1,840,356
BDX	Becton Dickinson & Co	−588,390	142,180	$22,354,961
SCHW	Schwab Charles Corp	−553,460	227,203	$21,352,537
DT	Dynatrace, Inc.	−529,872	9,200	$340,216
DUK	Duke Energy CORP	−423,315	1,584,716	$207,502,713
NOW	ServiceNow, Inc.	−421,588	64,097	$6,701,341
WMB	Williams Companies, Inc.	−419,435	867,485	$63,135,558
SFM	Sprouts Farmers Market, Inc.	−404,227	87,000	$6,710,310
DAL	Delta Air Lines, Inc.	−355,934	359,266	$23,884,003
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
RACE	Ferrari N.V.	311,871	$105,552,739
BA	Boeing Co	392,157	$78,051,007
DE	Deere & Co	131,988	$74,348,840
CCL	Carnival Corp Ltd.	2,567,645	$66,450,652
CHD	Church & Dwight Co Inc /De/	694,200	$64,782,744
QGEN	Qiagen N.V.	1,415,876	$56,691,675
QSR	Restaurant Brands International Inc.	739,937	$54,681,344
VZ	Verizon Communications Inc	970,951	$48,741,740
HSY	Hershey Co	228,353	$47,472,305
AU	AngloGold Ashanti PLC	443,597	$43,188,603
WELL	Welltower Inc.	210,328	$41,583,948
SUNB	Sunbelt Rentals Holdings, Inc.	615,690	$40,075,262
SJM	J M SMUCKER Co	372,888	$35,961,318
USFD	US Foods Holding Corp.	389,112	$35,880,017
KMI	Kinder Morgan, Inc.	1,007,648	$33,786,437
EMN	Eastman Chemical Co	434,946	$33,195,078
BAM	Brookfield Asset Management Ltd.	692,000	$30,759,400
HRL	Hormel Foods Corp /De/	1,284,964	$29,104,434
SNX	Td Synnex Corp	148,774	$25,099,661
TFC	Truist Financial Corp	438,750	$20,169,337
PEG	Public Service Enterprise Group Inc	235,268	$19,044,944
LNC	Lincoln National Corp	530,251	$18,823,910
MDA	MDA Space Ltd.	691,000	$17,496,120
KEY	Keycorp /New/	805,891	$16,158,114
PEN	Penumbra Inc	41,700	$13,693,029
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
JLL	Jones Lang Lasalle Inc	193,478	$65,099,542
PINS	Pinterest, Inc.	2,336,720	$60,497,680
CSGP	Costar Group, Inc.	587,098	$39,476,469
STLA	Stellantis N.V.	3,581,508	$39,002,622
TW	Tradeweb Markets Inc.	340,318	$36,597,797
XPO	XPO, Inc.	165,895	$22,546,789
CRWD	CrowdStrike Holdings, Inc.	46,684	$21,883,591
HLT	Hilton Worldwide Holdings Inc.	65,515	$18,819,183
AON	Aon plc	51,114	$18,037,108
CPT	Camden Property Trust	159,309	$17,536,734
CAR	Avis Budget Group, Inc.	125,000	$16,040,000
HDB	Hdfc Bank Ltd	419,200	$15,317,568
THC	Tenet Healthcare Corp	75,087	$14,921,288
ACM	Aecom	156,200	$14,890,546
PFGC	Performance Food Group Co	126,000	$11,329,920
FISV	Fiserv Inc	151,432	$10,171,687
RDY	Dr Reddys Laboratories Ltd	677,700	$9,514,908
REG	Regency Centers Corp	133,870	$9,241,046
NET	Cloudflare, Inc.	42,831	$8,444,131
EHC	Encompass Health Corp	79,004	$8,385,484
HUBB	Hubbell Inc	13,096	$5,816,064
MTSI	MACOM Technology Solutions Holdings, Inc.	30,459	$5,217,017
EXAS	EXACT SCIENCES CORP	50,000	$5,078,000
NBIS	Nebius Group N.V.	59,100	$4,946,965
SMCI	Super Micro Computer, Inc.	149,039	$4,362,371
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

21 positions · $1,339,652,581 total · Utilities only · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NEE	Nextera Energy Inc Utilities	Reduced	3,408,264	-307,667	$316,559,560	+6.1%	23.63%
DUK	Duke Energy CORP Utilities	Reduced	1,584,716	-423,315	$207,502,713	−11.8%	15.49%
VST	Vistra Corp. Utilities	Added	816,172	+179,454	$122,695,136	+19.4%	9.16%
CEG	Constellation Energy Corp Utilities	Added	434,689	+64,421	$121,386,903	−7.2%	9.06%
AEE	Ameren Corp Utilities	Added	991,860	+32,014	$109,025,251	+13.7%	8.14%
ED	Consolidated Edison Inc Utilities	Added	894,916	+100,070	$101,286,592	+28.3%	7.56%
EIX	Edison International Utilities	Added	1,316,299	+536,923	$96,326,760	+105.9%	7.19%
WEC	Wec Energy Group, Inc. Utilities	Reduced	683,413	-197,997	$79,118,723	−14.9%	5.91%
NRG	Nrg Energy, Inc. Utilities	Reduced	390,760	-286,010	$57,105,666	−47.0%	4.26%
PCG	PG&E Corp Utilities	Added	2,451,619	+1,067,037	$43,074,945	+93.6%	3.22%
ATO	Atmos Energy Corp Utilities	Added	104,528	+98,491	$19,308,412	+1808.0%	1.44%
PEG	Public Service Enterprise Group Inc Utilities	NEW	235,268	NEW	$19,044,944	NEW	1.42%
OGE	Oge Energy Corp. Utilities	NEW	226,429	NEW	$10,859,534	NEW	0.81%
CMS	Cms Energy Corp Utilities	NEW	107,180	NEW	$8,315,024	NEW	0.62%
UGI	Ugi Corp /Pa/ Utilities	Held	184,600	0	$6,723,132	−2.7%	0.50%
SRE	Sempra Utilities	NEW	67,266	NEW	$6,536,237	NEW	0.49%
EXC	Exelon Corp Utilities	NEW	98,475	NEW	$4,827,244	NEW	0.36%
ES	Eversource Energy Utilities	NEW	48,546	NEW	$3,363,266	NEW	0.25%
ORA	Ormat Technologies, Inc. Utilities	NEW	25,259	NEW	$2,826,987	NEW	0.21%
FE	Firstenergy Corp Utilities	NEW	42,758	NEW	$2,166,120	NEW	0.16%
SO	Southern Co Utilities	NEW	16,571	NEW	$1,599,432	NEW	0.12%