AGF MANAGEMENT LTD

Other Low signal CIK 1003518
League rank
#932
in Other · #3228 overall
Long book
$22.23B
Q1 2026
Positions
589
Top-10 weight
24%
concentration
Last quarter
+12.2%
SPY +14.8%
Turnover
15%
of book per quarter

Strategy in plain words

auto-generated from filings

AGF MANAGEMENT LTD is an institutional manager, running a $22.23B US long book across 589 positions.

The portfolio is broadly diversified across 589 positions (top 10 only 24%). Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, ALPHABET INC-CL A, AMAZON.COM INC, LINDE PLC, ROYAL BANK OF CANADA.

Over the last 9 quarters its long book ran on average 0.5pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+2.2%
Q2 2024
+7.8%
Q3 2024
+1.3%
Q4 2024
-2.5%
Q1 2025
+16.0%
Q2 2025
+7.1%
Q3 2025
+1.5%
Q4 2025
-0.9%
Q1 2026
+12.2%

Sector allocation

Technology
25%
Financials
15%
Industrials
14%
Consumer discretionary
8%
Materials
8%
Healthcare
7%
Energy
7%
Other
5%

Long book by quarter

$17.96B
Q1 2024
$17.92B
Q2 2024
$19.63B
Q3 2024
$19.99B
Q4 2024
$18.85B
Q1 2025
$21.88B
Q2 2025
$22.50B
Q3 2025
$22.92B
Q4 2025
$22.23B
Q1 2026

What does AGF MANAGEMENT own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology5.6M$980.5M4.4%+0.9%
GOOGL ALPHABET INC-CL ATechnology2.7M$781.8M3.5%+1.2%
AMZN AMAZON.COM INCConsumer discretionary3.1M$651.0M2.9%+8.7%
LIN LINDE PLCMaterials906.5K$449.4M2.0%+363.5%
RY ROYAL BANK OF CANADAFinancials2.4M$440.2M2.0%+1.6%
ABBV ABBVIE INCHealthcare1.9M$423.7M1.9%-1.9%
AVGO BROADCOM INCTechnology1.3M$412.4M1.9%-33.1%
WMT WALMART INCConsumer discretionary3.3M$410.6M1.8%+1.1%
META META PLATFORMS INC-CLASS ATechnology625.4K$357.8M1.6%-15.2%
VLO VALERO ENERGY CORPEnergy1.4M$356.1M1.6%-13.0%
GLW CORNING INCIndustrials2.3M$319.4M1.4%+5.7%
AMAT APPLIED MATERIALS INCTechnology869.2K$297.1M1.3%+2.8%
LHX L3HARRIS TECHNOLOGIES INCTechnology854.3K$294.9M1.3%-44.7%
TD TORONTO-DOMINION BANKFinancials2.6M$290.7M1.3%-13.2%
AEM AGNICO EAGLE MINES LTDMaterials1.4M$283.7M1.3%+56.7%
MSFT MICROSOFT CORPTechnology742.7K$274.9M1.2%+17.0%
GS GOLDMAN SACHS GROUP INCFinancials324.5K$274.5M1.2%-44.5%
CCJ CAMECO CORPMaterials2.5M$271.3M1.2%+8.5%
LLY ELI LILLY & COHealthcare272.0K$250.2M1.1%+216.9%
HLT HILTON WORLDWIDE HOLDINGS INServices media809.7K$246.2M1.1%+2.4%
NOC NORTHROP GRUMMAN CORPTechnology353.8K$241.4M1.1%-15.4%
COHR COHERENT CORPOther998.4K$237.8M1.1%+591.5%
TRGP TARGA RESOURCES CORPUtilities916.4K$229.8M1.0%+4814.5%
CNQ CANADIAN NATURAL RESOURCESEnergy4.5M$229.3M1.0%-8.7%
SCCO SOUTHERN COPPER CORPMaterials1.3M$219.1M1.0%+1890.4%
SU SUNCOR ENERGY INCEnergy2.7M$216.4M1.0%+5.0%
TSLA TESLA INCIndustrials577.6K$214.7M1.0%+1.9%
ISRG INTUITIVE SURGICAL INCHealthcare451.7K$208.2M0.9%+2.1%
GEV GE VERNOVA INCIndustrials233.0K$203.4M0.9%+3359.9%
CAT CATERPILLAR INCIndustrials285.6K$202.3M0.9%+10673.1%
LYB LYONDELLBASELL INDU-CL AOther2.3M$186.2M0.8%New
SLB SLB LTDEnergy3.6M$185.8M0.8%+19923.5%
COF CAPITAL ONE FINANCIAL CORPFinancials995.5K$181.6M0.8%+18.3%
ENB ENBRIDGE INCEnergy3.0M$181.2M0.8%-3.1%
PWR QUANTA SERVICES INCIndustrials328.2K$180.2M0.8%+49.4%
HWM HOWMET AEROSPACE INCIndustrials716.8K$165.2M0.7%+3.6%
FTI TECHNIPFMC PLCIndustrials2.4M$164.1M0.7%+8168.0%
JNJ JOHNSON & JOHNSONHealthcare659.2K$161.1M0.7%+15.1%
CP CANADIAN PACIFIC KANSAS CITYIndustrials2.0M$156.1M0.7%-20.8%
V VISA INC-CLASS A SHARESServices media493.3K$149.1M0.7%-17.0%
BAC BANK OF AMERICA CORPFinancials3.0M$147.2M0.7%-62.5%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology996.8K$145.8M0.7%+15637.6%
JPM JPMORGAN CHASE & COFinancials477.2K$140.4M0.6%-10.3%
AA ALCOA CORPIndustrials2.1M$137.6M0.6%+756.3%
MFC MANULIFE FINANCIAL CORPFinancials3.4M$132.9M0.6%-8.3%
BN BROOKFIELD CORPReal estate3.2M$132.1M0.6%+52.5%
TRI4EUR THOMSON REUTERS CORP1.4M$129.9M0.6%+29.0%
BKR BAKER HUGHES COIndustrials2.0M$122.9M0.6%New
TJX TJX COMPANIES INCConsumer discretionary764.1K$122.0M0.5%-10.2%
ICE INTERCONTINENTAL EXCHANGE INFinancials746.4K$117.4M0.5%+4.6%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 7, 20261025$22.31B canonicalSEC ↗
Q4 202513F-HRFeb 17, 20261028$23.05B canonicalSEC ↗
Q3 202513F-HRNov 4, 20251024$22.73B canonicalSEC ↗
Q2 202513F-HRAug 6, 20251009$22.05B canonicalSEC ↗
Q1 202513F-HRMay 12, 20251031$18.94B canonicalSEC ↗
Q4 202413F-HRFeb 7, 20251073$20.11B canonicalSEC ↗
Q3 202413F-HRNov 12, 20241046$19.75B canonicalSEC ↗
Q2 202413F-HRAug 7, 20241030$18.02Bconfidential canonicalSEC ↗
Q1 202413F-HRMay 13, 20241053$18.04B canonicalSEC ↗