ONTARIO TEACHERS PENSION PLAN BOARD

Pension

CIK

937567

Location

Toronto, A6

Portfolio Value

Mid $2,850,964,140

Diversification

Diversified

Filing Date

Global Rank

#969 / 8,623 ▼ 94 · as of Mar 2026

Top Industry

Waste Management 32.9%

3Y Alpha vs SPY

-7.5%

Period ended 4 months ago

Filed May 11, 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

+38.9%

SPY

+67.9%

Annualised alpha

-7.3%

Max drawdown

−16.7%

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

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

Top Position

32.9%

+4.5 pts

Top 5

49.1%

−0.7 pts

Top 10

62.6%

−6.4 pts

HHI

1,232

Diversified+189

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Industrials	43.1%	$1,228,487,347	7
Technology	14.6%	$417,185,570	7
Financial Services	12.1%	$345,880,411	4
Consumer Cyclical	10.7%	$303,842,463	46
Healthcare	7.7%	$218,248,872	9
Communication Services	5.9%	$167,484,460	13
Real Estate	1.9%	$54,336,885	23
Basic Materials	1.7%	$47,175,727	1
Consumer Defensive	1.2%	$34,319,425	20
Utilities	1.2%	$34,002,980	18

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
CMG	Chipotle Mexican Grill Inc	+2,054,255	2,137,948	$68,435,715
ZBH	Zimmer Biomet Holdings, Inc.	+155,288	270,876	$24,492,607
BRBR	Bellring Brands, Inc.	+142,217	152,017	$2,445,953
COTY	Coty Inc.	+118,615	359,328	$722,249
GT	Goodyear Tire & Rubber Co /Oh/	+80,691	214,170	$1,419,947
AMH	American Homes 4 Rent	+69,765	97,586	$2,724,601
GNTX	Gentex Corp	+61,400	185,502	$4,053,218
CMCSA	Comcast Corp	+50,356	117,021	$3,359,672
EW	Edwards Lifesciences Corp	+49,282	183,733	$14,713,338
ABBV	AbbVie Inc.	+47,958	326,361	$70,980,253
BBWI	Bath & Body Works, Inc.	+45,257	163,793	$3,058,015
RIVN	Rivian Automotive, Inc. / DE	+40,161	104,435	$1,571,746
TMO	Thermo Fisher Scientific Inc.	+36,793	59,473	$29,232,763
CRM	Salesforce, Inc.	+35,254	705,173	$131,634,643
MAA	Mid America Apartment Communities Inc.	+32,503	36,654	$4,476,186
META	Meta Platforms, Inc.	+18,080	64,086	$36,665,523
ES	Eversource Energy	+14,548	28,323	$1,962,217
ALV	Autoliv Inc	+13,468	23,806	$2,503,438
O	Realty Income Corp	+13,227	49,603	$3,034,711
EQR	Equity Residential	+11,304	29,117	$1,722,270
M	Macy's, Inc.	+10,444	69,169	$1,251,267
PII	Polaris Inc.	+4,561	54,432	$2,966,544
MTN	Vail Resorts Inc	+3,448	11,713	$1,503,012
DPZ	Dominos Pizza Inc	+3,295	10,303	$3,696,613
ABNB	Airbnb, Inc.	+2,397	2,709	$342,092
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
COOK	Traeger, Inc.	−24,199,214	493,861	$14,321,969
T	At&T Inc.	−3,288,948	46,815	$1,357,166
WMT	Walmart Inc.	−1,641,161	16,787	$2,086,288
CARR	CARRIER GLOBAL Corp	−587,333	1,302,131	$73,322,996
DIS	Walt Disney Co	−409,366	324,614	$31,286,297
CMI	Cummins Inc	−230,070	84,004	$45,195,832
NSA	National Storage Affiliates Trust	−225,932	29,504	$1,113,480
DOC	Healthpeak Properties, Inc.	−206,771	179,896	$2,955,691
SNAP	Snap Inc	−203,466	28,879	$132,843
NVDA	Nvidia Corp	−199,327	536,898	$93,635,011
COF	Capital One Financial Corp	−170,333	683,205	$124,637,088
ROST	Ross Stores, Inc.	−123,981	329,672	$71,416,845
ROK	Rockwell Automation, Inc	−118,095	233,214	$83,695,840
CUBE	CubeSmart	−91,385	36,804	$1,348,866
OHI	Omega Healthcare Investors Inc	−74,363	33,910	$1,485,936
TEAM	Atlassian Corp	−74,172	643,100	$43,891,575
YETI	YETI Holdings, Inc.	−63,953	23,894	$874,281
GIS	General Mills Inc	−61,533	37,922	$1,411,456
EVRG	Evergy, Inc.	−46,850	4,109	$336,609
WEC	Wec Energy Group, Inc.	−46,156	2,334	$270,207
WPC	W. P. Carey Inc.	−44,870	65,618	$4,459,399
POR	Portland General Electric Co /Or/	−42,881	95,936	$5,062,542
DKNG	DraftKings Inc.	−36,314	10,045	$217,172
CL	Colgate Palmolive Co	−36,088	4,146	$353,363
BURL	Burlington Stores, Inc.	−35,095	214,385	$69,756,591
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
PNC	Pnc Financial Services Group, Inc.	550,668	$114,588,504
ETN	Eaton Corp plc	235,970	$84,399,389
MA	Mastercard Inc	107,644	$53,785,401
PGR	Progressive Corp/Oh/	266,694	$52,869,418
SNOW	Snowflake Inc.	347,707	$52,441,169
AZN	Astrazeneca PLC	265,640	$52,389,520
TMUS	T-Mobile US, Inc.	210,616	$44,235,678
ASML	Asml Holding NV	17,576	$23,214,908
SPOT	Spotify Technology S.A.	46,004	$22,307,799
TTWO	Take Two Interactive Software Inc	98,158	$19,386,205
AMAT	Applied Materials Inc /De	32,414	$11,078,781
ELAN	Elanco Animal Health Inc	417,697	$9,995,489
DHR	Danaher Corp /De/	50,401	$9,556,029
IRM	Iron Mountain Inc	48,300	$4,933,362
OGE	Oge Energy Corp.	90,907	$4,359,899
ISRG	Intuitive Surgical Inc	8,987	$4,142,917
DUK	Duke Energy CORP	23,303	$3,051,294
TPR	Tapestry, Inc.	19,620	$2,768,578
IDXX	Idexx Laboratories Inc /De	4,887	$2,745,956
F	Ford Motor Co	230,141	$2,655,827
CART	Maplebear Inc.	70,518	$2,641,604
BWA	Borgwarner Inc	34,872	$1,892,154
FR	First Industrial Realty Trust Inc	31,303	$1,810,878
VZ	Verizon Communications Inc	26,661	$1,338,382
NI	Nisource Inc.	27,756	$1,295,094
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
BAC	Bank Of America Corp /De/	2,725,808	$149,919,440
GE	General Electric Co	369,652	$113,863,905
BSX	Boston Scientific Corp	224,925	$21,446,598
SUI	Sun Communities Inc	31,096	$3,853,105
USFD	US Foods Holding Corp.	41,554	$3,129,847
UGI	Ugi Corp /Pa/	82,360	$3,082,734
CDP	Copt Defense Properties	92,748	$2,578,394
CUZ	Cousins Properties Inc	91,049	$2,347,243
TGT	Target Corp	21,263	$2,078,458
NFG	National Fuel Gas Co	22,847	$1,829,130
PBA	Pembina Pipeline Corp	46,676	$1,776,488
EL	Estee Lauder Companies Inc	14,698	$1,539,174
FOXA	Fox Corp	20,861	$1,524,313
INGR	Ingredion Inc	13,239	$1,459,732
SWX	Southwest Gas Holdings, Inc.	17,187	$1,375,303
BMO	Bank Of Montreal /Can/	9,618	$1,248,320
ARMK	Aramark	33,513	$1,235,289
CHWY	Chewy, Inc.	27,600	$912,180
PG	PROCTER & GAMBLE Co	6,017	$862,296
RBLX	Roblox Corp	10,548	$854,704
WY	Weyerhaeuser Co	35,586	$843,032
TSLA	Tesla, Inc.	1,821	$818,940
EPR	Epr Properties	14,032	$700,196
SGI	Somnigroup International Inc.	7,573	$676,117
THO	Thor Industries Inc	4,646	$477,004
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

148 tracked positions · $2,850,964,140 total · filing declares 162 positions · $3,458,551,298 · as of Mar 31, 2026

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

Showing 1–50 of 148 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
GFL	GFL Environmental Inc. Industrials	Reduced	22,450,784	-22,450,784	$936,646,708	−51.4%	32.85%
CRM	Salesforce, Inc. Technology	Added	705,173	+35,254	$131,634,643	−25.8%	4.62%
COF	Capital One Financial Corp Financial Services	Reduced	683,205	-170,333	$124,637,088	−39.7%	4.37%
PNC	Pnc Financial Services Group, Inc. Financial Services	NEW	550,668	NEW	$114,588,504	NEW	4.02%
NVDA	Nvidia Corp Technology	Reduced	536,898	-199,327	$93,635,011	−31.8%	3.28%
ETN	Eaton Corp plc Industrials	NEW	235,970	NEW	$84,399,389	NEW	2.96%
ROK	Rockwell Automation, Inc Industrials	Reduced	233,214	-118,095	$83,695,840	−38.8%	2.94%
CARR	CARRIER GLOBAL Corp Industrials	Reduced	1,302,131	-587,333	$73,322,996	−26.6%	2.57%
ROST	Ross Stores, Inc. Consumer Cyclical	Reduced	329,672	-123,981	$71,416,845	−12.6%	2.51%
ABBV	AbbVie Inc. Healthcare	Added	326,361	+47,958	$70,980,253	+11.6%	2.49%
BURL	Burlington Stores, Inc. Consumer Cyclical	Reduced	214,385	-35,095	$69,756,591	−3.2%	2.45%
CMG	Chipotle Mexican Grill Inc Consumer Cyclical	Added	2,137,948	+2,054,255	$68,435,715	+2110.0%	2.40%
PONY	Pony AI Inc. Technology	Held	6,492,530	0	$61,289,483	−34.9%	2.15%
MA	Mastercard Inc Financial Services	NEW	107,644	NEW	$53,785,401	NEW	1.89%
PGR	Progressive Corp/Oh/ Financial Services	NEW	266,694	NEW	$52,869,418	NEW	1.85%
SNOW	Snowflake Inc. Technology	NEW	347,707	NEW	$52,441,169	NEW	1.84%
AZN	Astrazeneca PLC Healthcare	NEW	265,640	NEW	$52,389,520	NEW	1.84%
SA	Seabridge Gold Inc Basic Materials	Held	1,664,634	0	$47,175,727	−4.2%	1.65%
CMI	Cummins Inc Industrials	Reduced	84,004	-230,070	$45,195,832	−71.8%	1.59%
TMUS	T-Mobile US, Inc. Communication Services	NEW	210,616	NEW	$44,235,678	NEW	1.55%
TEAM	Atlassian Corp Technology	Reduced	643,100	-74,172	$43,891,575	−62.3%	1.54%
META	Meta Platforms, Inc. Communication Services	Added	64,086	+18,080	$36,665,523	+20.7%	1.29%
DIS	Walt Disney Co Communication Services	Reduced	324,614	-409,366	$31,286,297	−62.5%	1.10%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	59,473	+36,793	$29,232,763	+122.4%	1.03%
ZBH	Zimmer Biomet Holdings, Inc. Healthcare	Added	270,876	+155,288	$24,492,607	+135.6%	0.86%
ASML	Asml Holding NV Technology	NEW	17,576	NEW	$23,214,908	NEW	0.81%
SPOT	Spotify Technology S.A. Communication Services	NEW	46,004	NEW	$22,307,799	NEW	0.78%
TTWO	Take Two Interactive Software Inc Communication Services	NEW	98,158	NEW	$19,386,205	NEW	0.68%
EW	Edwards Lifesciences Corp Healthcare	Added	183,733	+49,282	$14,713,338	+28.4%	0.52%
COOK	Traeger, Inc. Consumer Cyclical	Reduced	493,861	-24,199,214	$14,321,969	−46.3%	0.50%
AMAT	Applied Materials Inc /De Technology	NEW	32,414	NEW	$11,078,781	NEW	0.39%
ELAN	Elanco Animal Health Inc Healthcare	NEW	417,697	NEW	$9,995,489	NEW	0.35%
DHR	Danaher Corp /De/ Healthcare	NEW	50,401	NEW	$9,556,029	NEW	0.34%
BZH	Beazer Homes USA Inc PUT Consumer Cyclical	Held	394,000	0	$7,580,560	−5.1%	0.27%
POST	Post Holdings, Inc. PUT + SHARES Consumer Defensive	Reduced	54,442	-6,495	$5,382,136	−10.8%	0.19%
POR	Portland General Electric Co /Or/ Utilities	Reduced	95,936	-42,881	$5,062,542	−24.0%	0.18%
PK	Park Hotels & Resorts Inc. Real Estate	Reduced	473,823	-28,551	$4,989,356	−5.1%	0.18%
FE	Firstenergy Corp Utilities	Reduced	97,775	-17,149	$4,953,281	−3.7%	0.17%
IRM	Iron Mountain Inc PUT Real Estate	NEW	48,300	NEW	$4,933,362	NEW	0.17%
AAL	American Airlines Group Inc. PUT Industrials	Held	458,000	0	$4,918,920	−29.9%	0.17%
MAA	Mid America Apartment Communities Inc. Real Estate	Added	36,654	+32,503	$4,476,186	+676.3%	0.16%
WPC	W. P. Carey Inc. Real Estate	Reduced	65,618	-44,870	$4,459,399	−37.3%	0.16%
OGE	Oge Energy Corp. Utilities	NEW	90,907	NEW	$4,359,899	NEW	0.15%
ISRG	Intuitive Surgical Inc Healthcare	NEW	8,987	NEW	$4,142,917	NEW	0.15%
GNTX	Gentex Corp Consumer Cyclical	Added	185,502	+61,400	$4,053,218	+40.4%	0.14%
KBH	Kb Home PUT Consumer Cyclical	Held	77,200	0	$3,995,100	−8.3%	0.14%
SAM	Boston Beer Co Inc Consumer Defensive	Reduced	17,092	-13,581	$3,937,996	−34.2%	0.14%
DPZ	Dominos Pizza Inc Consumer Cyclical	Added	10,303	+3,295	$3,696,613	+26.5%	0.13%
BKH	Black Hills Corp /Sd/ Utilities	Reduced	50,703	-4,149	$3,519,295	−7.6%	0.12%
KHC	Kraft Heinz Co Consumer Defensive	Reduced	151,369	-5,005	$3,404,288	−10.2%	0.12%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.