1832 Asset Management L.P.

CIK

944388

Location

TORONTO, A6

Portfolio Value

Large $70,742,224,212

Diversification

Diversified

Filing Date

Global Rank

#102 / 8,603 ▼ 3 · as of Mar 2026

Top Industry

Banks - Diversified 12.7%

3Y Alpha vs SPY

-5.2%

Period ended 3 months ago

Filed May 14, 2026 · 56d

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

+53.9%

SPY

+76.0%

Annualised alpha

-5.3%

Max drawdown

−16.2%

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

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

Top Position

4.0%

−0.1 pts

Top 5

16.3%

−0.8 pts

Top 10

27.1%

−0.4 pts

HHI

131

Diversified−1

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	22.2%	$15,721,732,773	82
Technology	20.2%	$14,318,021,715	93
Industrials	14.6%	$10,313,305,027	86
Energy	10.6%	$7,529,173,706	34
Consumer Cyclical	7.8%	$5,508,657,374	51
Healthcare	6.9%	$4,883,445,005	51
Basic Materials	6.5%	$4,631,701,888	39
Communication Services	4.6%	$3,256,360,007	18
Utilities	2.4%	$1,671,821,666	28
Consumer Defensive	2.1%	$1,509,802,378	25
Real Estate	1.9%	$1,333,532,056	28
Unclassified	0.1%	$64,670,617	6

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
KGC	Kinross Gold Corp	+5,463,058	12,454,068	$380,098,155
BSX	Boston Scientific Corp	+5,051,088	7,252,746	$455,109,811
OTEX	Open Text Corp	+3,645,536	27,238,523	$605,784,751
CVE	Cenovus Energy Inc.	+3,220,474	3,268,153	$86,704,099
SHOP	Shopify Inc.	+2,374,324	10,187,742	$1,208,469,956
NVDA	Nvidia Corp	+2,336,847	9,466,648	$1,650,983,411
TRI	Thomson Reuters Corp /Can/	+1,980,886	7,235,355	$651,037,242
TTWO	Take Two Interactive Software Inc	+1,598,200	1,648,200	$325,519,500
IOT	Samsara Inc.	+1,522,593	4,325,300	$137,068,757
WCN	Waste Connections, Inc.	+1,461,575	7,113,604	$1,155,533,833
WPM	Wheaton Precious Metals Corp.	+1,366,695	1,766,245	$231,395,757
RSI	Rush Street Interactive, Inc.	+1,262,400	1,658,200	$36,065,850
DSGX	Descartes Systems Group Inc	+1,239,493	3,833,793	$274,346,227
AEP	American Electric Power Co Inc	+1,131,904	1,183,459	$155,127,805
NFLX	Netflix Inc	+1,129,962	4,635,918	$445,743,515
TTE	TotalEnergies SE	+1,095,709	1,209,883	$110,075,155
CVX	Chevron Corp	+1,065,098	1,099,798	$227,548,206
TECK	Teck Resources Ltd	+1,008,428	2,738,808	$141,733,314
ETR	Entergy Corp /De/	+980,138	2,381,087	$267,538,935
BCE	Bce Inc	+968,200	2,354,751	$59,433,915
DHR	Danaher Corp /De/	+899,042	2,334,521	$442,625,181
ANET	Arista Networks, Inc.	+854,528	1,563,143	$191,922,697
CIGI	Colliers International Group Inc.	+821,736	3,224,175	$344,632,065
NEE	Nextera Energy Inc	+771,453	1,353,916	$125,751,718
CAH	Cardinal Health Inc	+743,196	745,196	$157,467,366
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
TU	Telus Corp	−8,188,596	24,824,378	$318,496,769
CAE	Cae Inc	−5,806,462	16,395,507	$427,102,957
CNQ	CANADIAN NATURAL RESOURCES Ltd	−3,545,621	27,936,558	$1,361,348,471
RKT	Rocket Companies, Inc.	−2,800,159	17,124	$244,017
BN	BROOKFIELD Corp /ON/	−2,601,094	42,945,630	$1,738,009,646
BAC	Bank Of America Corp /De/	−2,593,356	322,403	$15,717,146
TRP	Tc Energy Corp	−2,474,486	22,038,036	$1,379,581,053
TOST	Toast, Inc.	−2,331,800	1,732,400	$45,925,924
CSCO	Cisco Systems, Inc.	−2,326,009	5,447,085	$422,639,325
HDB	Hdfc Bank Ltd	−2,153,691	3,576,736	$88,989,191
C	Citigroup Inc	−2,077,318	490,053	$55,576,910
TD	Toronto Dominion Bank	−1,943,626	30,345,986	$2,831,583,953
WFC	Wells Fargo & Company/Mn	−1,860,815	1,844,873	$146,870,339
RCI	Rogers Communications Inc	−1,781,872	8,271,426	$318,036,329
WMT	Walmart Inc.	−1,746,607	1,721,160	$213,905,764
GOOGL	Alphabet Inc.	−1,706,279	3,848,693	$1,106,730,159
NU	Nu Holdings Ltd.	−1,637,105	4,611,965	$66,273,937
SU	Suncor Energy Inc	−1,599,612	16,192,065	$1,070,457,417
BIPH	Brookfield Infrastructure Partners L.P.	−1,515,887	7,668,570	$276,988,748
ENB	Enbridge Inc	−1,510,810	29,071,069	$1,573,907,675
NTR	Nutrien Ltd.	−1,428,225	6,403,823	$483,232,483
MS	Morgan Stanley	−1,271,163	29,361	$4,831,939
FCX	Freeport-Mcmoran Inc	−1,216,136	16,792	$987,033
SLF	Sun Life Financial Inc	−1,144,360	9,063,878	$567,036,207
FROG	JFrog Ltd	−1,114,200	326,300	$15,313,259
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
AXON	Axon Enterprise, Inc.	300,350	$127,555,641
AZN	Astrazeneca PLC	641,315	$126,480,144
CAVA	Cava Group, Inc.	1,519,200	$122,903,280
SUNB	Sunbelt Rentals Holdings, Inc.	1,687,518	$109,840,546
KEYS	Keysight Technologies, Inc.	385,239	$108,779,936
PWR	Quanta Services, Inc.	189,653	$104,123,290
DELL	Dell Technologies Inc.	630,676	$103,512,851
SLB	Slb Limited/Nv	1,938,558	$99,622,495
CHRW	C. H. Robinson Worldwide, Inc.	355,320	$59,007,992
CLS	Celestica Inc	178,575	$50,301,006
BKR	Baker Hughes Co	768,810	$46,935,850
ARM	Arm Holdings PLC /Uk	300,000	$45,384,000
NBIS	Nebius Group N.V.	260,700	$27,050,232
TSEM	Tower Semiconductor Ltd	115,189	$20,213,365
MTZ	Mastec Inc	61,000	$19,626,140
WAB	Westinghouse Air Brake Technologies Corp	77,652	$19,406,011
WDAY	Workday, Inc.	143,800	$18,682,496
WBD	Warner Bros. Discovery, Inc.	630,000	$17,299,800
BRZE	Braze, Inc.	730,900	$17,256,549
MDA	MDA Space Ltd.	489,599	$12,396,646
ROK	Rockwell Automation, Inc	24,465	$8,779,999
OVV	Ovintiv Inc.	127,448	$7,565,313
DOCN	DigitalOcean Holdings, Inc.	83,600	$7,171,208
HSLV	Highlander Silver Corp.	1,191,110	$7,003,726
SKE	Skeena Resources Ltd	180,000	$5,349,600
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	4,774,189	$282,584,246
ALNY	Alnylam Pharmaceuticals, Inc.	440,145	$175,023,659
GM	General Motors Co	2,038,235	$165,749,270
SCCO	Southern Copper Corp/	1,047,019	$147,548,116
ULTA	Ulta Beauty, Inc.	231,637	$140,142,701
AFRM	Affirm Holdings, Inc.	1,782,700	$132,686,361
TEVA	Teva Pharmaceutical Industries Ltd	3,718,454	$116,052,949
RL	Ralph Lauren Corp	233,118	$82,432,855
RBRK	Rubrik, Inc.	1,022,300	$78,185,504
RDDT	Reddit, Inc.	331,587	$76,221,903
ASND	Ascendis Pharma A/S	110,000	$23,456,400
CARR	CARRIER GLOBAL Corp	402,177	$21,251,032
DASH	DoorDash, Inc.	81,780	$18,521,534
NOC	Northrop Grumman Corp /De/	28,000	$15,965,880
WULF	Terawulf Inc.	1,194,848	$13,728,803
BCS	Barclays PLC	535,000	$13,615,750
BXP	BXP, Inc.	189,304	$12,774,233
CCI	Crown Castle Inc.	121,613	$10,807,747
XPO	XPO, Inc.	73,000	$9,921,430
KIM	Kimco Realty Corp	334,915	$6,788,727
U	Unity Software Inc.	148,500	$6,559,245
RKLB	Rocket Lab Corp	92,400	$6,445,824
XMTR	Xometry, Inc.	93,300	$5,548,551
TTAN	ServiceTitan, Inc.	51,400	$5,474,100
HOOD	Robinhood Markets, Inc.	47,200	$5,338,320
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

541 positions · $70,742,224,212 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 541 positions by value · page 1 of 11

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TD	Toronto Dominion Bank Financial Services	Reduced	30,345,986	-1,943,626	$2,831,583,953	−6.9%	4.00%
RY	Royal Bank Of Canada Financial Services	Reduced	16,505,826	-355,416	$2,670,312,530	−7.1%	3.77%
MSFT	Microsoft Corp Technology	Added	6,323,428	+678,142	$2,340,743,342	−14.3%	3.31%
CNI	Canadian National Railway Co Industrials	Reduced	18,683,240	-64,506	$1,920,076,574	+3.6%	2.71%
AMZN	Amazon Com Inc Consumer Cyclical	Added	8,349,910	+578,268	$1,739,035,755	−3.1%	2.46%
BN	BROOKFIELD Corp /ON/ Financial Services	Reduced	42,945,630	-2,601,094	$1,738,009,646	−16.8%	2.46%
NVDA	Nvidia Corp Technology	Added	9,466,648	+2,336,847	$1,650,983,411	+24.2%	2.33%
ENB	Enbridge Inc Energy	Reduced	29,071,069	-1,510,810	$1,573,907,675	+7.6%	2.22%
TRP	Tc Energy Corp Energy	Reduced	22,038,036	-2,474,486	$1,379,581,053	+2.3%	1.95%
CNQ	CANADIAN NATURAL RESOURCES Ltd Energy	Reduced	27,936,558	-3,545,621	$1,361,348,471	+27.7%	1.92%
BMO	Bank Of Montreal /Can/ Financial Services	Reduced	9,599,929	-817,314	$1,299,254,390	−3.9%	1.84%
AAPL	Apple Inc. Technology	Added	5,073,214	+673,594	$1,287,530,981	+7.6%	1.82%
BNS	Bank Of Nova Scotia Financial Services	Reduced	18,254,276	-506,997	$1,265,203,869	−8.5%	1.79%
SHOP	Shopify Inc. Technology	Added	10,187,742	+2,374,324	$1,208,469,956	−3.9%	1.71%
WCN	Waste Connections, Inc. Industrials	Added	7,113,604	+1,461,575	$1,155,533,833	+16.6%	1.63%
CP	Canadian Pacific Kansas City Ltd/Cn Industrials	Reduced	14,142,830	-185,800	$1,112,475,007	+5.4%	1.57%
GOOGL	Alphabet Inc. Communication Services	Reduced	3,848,693	-1,706,279	$1,106,730,159	−36.3%	1.56%
SU	Suncor Energy Inc Energy	Reduced	16,192,065	-1,599,612	$1,070,457,417	+35.6%	1.51%
MFC	Manulife Financial Corp Financial Services	Reduced	28,248,714	-329,427	$972,885,710	−6.2%	1.38%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	1,969,618	+725,093	$968,126,335	+34.2%	1.37%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	2,616,954	-200,934	$884,399,604	+3.3%	1.25%
V	Visa Inc. Financial Services	Added	2,827,907	+109,550	$854,706,611	−10.3%	1.21%
AEM	Agnico Eagle Mines Ltd Basic Materials	Added	3,918,282	+206,802	$795,332,880	+26.4%	1.12%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	4,886,954	-487,637	$780,446,553	−5.5%	1.10%
TRI	Thomson Reuters Corp /Can/ Industrials	Added	7,235,355	+1,980,886	$651,037,242	−6.1%	0.92%
FNV	FRANCO NEVADA Corp Basic Materials	Added	2,609,825	+7,470	$644,757,266	+19.5%	0.91%
OTEX	Open Text Corp Technology	Added	27,238,523	+3,645,536	$605,784,751	−21.2%	0.86%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	2,005,420	-177,998	$589,914,347	−16.2%	0.83%
SLF	Sun Life Financial Inc Financial Services	Reduced	9,063,878	-1,144,360	$567,036,207	−11.0%	0.80%
HD	Home Depot, Inc. Consumer Cyclical	Added	1,722,535	+133,588	$566,524,536	+3.6%	0.80%
JNJ	Johnson & Johnson Healthcare	Reduced	2,190,308	-338,766	$535,398,887	+2.3%	0.76%
PBA	Pembina Pipeline Corp Energy	Reduced	11,726,867	-40,771	$524,894,566	+17.2%	0.74%
SHW	Sherwin Williams Co Basic Materials	Reduced	1,597,905	-84,006	$512,208,447	−6.0%	0.72%
NTR	Nutrien Ltd. Basic Materials	Reduced	6,403,823	-1,428,225	$483,232,483	−0.0%	0.68%
MCD	Mcdonalds Corp Consumer Cyclical	Added	1,538,336	+72,176	$478,099,445	+6.7%	0.68%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	470,973	+143,184	$469,291,626	+66.0%	0.66%
BSX	Boston Scientific Corp Healthcare	Added	7,252,746	+5,051,088	$455,109,811	+116.8%	0.64%
MA	Mastercard Inc Financial Services	Reduced	905,930	-28,094	$452,656,983	−15.1%	0.64%
NFLX	Netflix Inc Communication Services	Added	4,635,918	+1,129,962	$445,743,515	+35.6%	0.63%
DHR	Danaher Corp /De/ Healthcare	Added	2,334,521	+899,042	$442,625,181	+34.7%	0.63%
TFII	TFI International Inc. Industrials	Reduced	3,980,503	-638,272	$432,402,040	−9.4%	0.61%
CAE	Cae Inc Industrials	Reduced	16,395,507	-5,806,462	$427,102,957	−36.8%	0.60%
CSCO	Cisco Systems, Inc. Technology	Reduced	5,447,085	-2,326,009	$422,639,325	−29.4%	0.60%
FTS	Fortis Inc. Utilities	Reduced	7,561,136	-847,052	$421,835,777	−3.4%	0.60%
ETN	Eaton Corp plc Industrials	Reduced	1,066,609	-203,847	$381,494,041	−5.7%	0.54%
KGC	Kinross Gold Corp Basic Materials	Added	12,454,068	+5,463,058	$380,098,155	+93.1%	0.54%
META	Meta Platforms, Inc. Communication Services	Reduced	660,844	-18,040	$378,088,677	−15.6%	0.53%
LIN	Linde PLC Basic Materials	Added	755,338	+282,901	$374,466,366	+85.9%	0.53%
ASML	Asml Holding NV Technology	Added	279,479	+205,370	$369,144,247	+365.6%	0.52%
AVGO	Broadcom Inc. Technology	Reduced	1,174,029	-486,863	$363,373,715	−36.8%	0.51%