CANADA LIFE ASSURANCE Co
Long book
$55.82B
Q1 2026
Positions
1841
Top-10 weight
30%
concentration
Last quarter
+13.9%
SPY +14.8%
Turnover
2%
of book per quarter
Strategy in plain words
auto-generated from filingsCANADA LIFE ASSURANCE Co is a mechanically diversified allocator, running a $55.82B US long book across 1841 positions.
The portfolio is moderately concentrated (top 10 ≈ 30% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: NVIDIA CORP, APPLE INC, MICROSOFT CORP, ALPHABET INC-CL A, AMAZON.COM INC.
Over the last 9 quarters its long book ran on average 0.4pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.6%
Q2 2024
+6.7%
Q3 2024
+1.3%
Q4 2024
-3.8%
Q1 2025
+9.8%
Q2 2025
+7.6%
Q3 2025
+2.3%
Q4 2025
-3.5%
Q1 2026
+13.9%
Sector allocation
Technology 38%
Financials 12%
Healthcare 9%
Consumer discretionary 9%
Industrials 9%
Services media 6%
Utilities 4%
Other 4%
Long book by quarter
What does CANADA LIFE own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 19.1M | $3.35B | 6.0% | +1.4% |
| AAPL APPLE INC | Technology | 12.1M | $3.07B | 5.5% | +0.7% |
| MSFT MICROSOFT CORP | Technology | 6.4M | $2.38B | 4.3% | +3.6% |
| GOOGL ALPHABET INC-CL A | Technology | 5.7M | $1.65B | 3.0% | +0.7% |
| AMZN AMAZON.COM INC | Consumer discretionary | 7.7M | $1.60B | 2.9% | +2.2% |
| META META PLATFORMS INC-CLASS A | Technology | 2.0M | $1.15B | 2.1% | +0.7% |
| AVGO BROADCOM INC | Technology | 3.5M | $1.10B | 2.0% | +1.6% |
| GOOG ALPHABET INC-CL C | Technology | 3.6M | $1.05B | 1.9% | +0.8% |
| TSLA TESLA INC | Industrials | 2.3M | $859.8M | 1.5% | +2.1% |
| XOM EXXON MOBIL CORP | Energy | 4.1M | $691.2M | 1.2% | +1.7% |
| JPM JPMORGAN CHASE & CO | Financials | 2.3M | $665.8M | 1.2% | +0.9% |
| JNJ JOHNSON & JOHNSON | Healthcare | 2.6M | $629.7M | 1.1% | -3.1% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 1.3M | $603.8M | 1.1% | -9.5% |
| LLY ELI LILLY & CO | Healthcare | 630.5K | $581.9M | 1.0% | +0.6% |
| NFLX NETFLIX INC | Services media | 5.3M | $513.4M | 0.9% | +7.6% |
| V VISA INC-CLASS A SHARES | Services media | 1.6M | $484.3M | 0.9% | -0.3% |
| MA MASTERCARD INC - A | Services media | 954.8K | $479.0M | 0.9% | +16.9% |
| AMAT APPLIED MATERIALS INC | Technology | 1.3M | $452.6M | 0.8% | -14.2% |
| HD HOME DEPOT INC | Consumer discretionary | 1.3M | $427.8M | 0.8% | -1.4% |
| CSCO CISCO SYSTEMS INC | Technology | 5.5M | $425.6M | 0.8% | -0.3% |
| PG PROCTER & GAMBLE CO/THE | Other | 2.7M | $388.9M | 0.7% | +2.0% |
| ABBV ABBVIE INC | Healthcare | 1.7M | $379.9M | 0.7% | +1.1% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 369.0K | $368.8M | 0.7% | +2.6% |
| MRK MERCK & CO. INC. | Healthcare | 3.0M | $358.9M | 0.6% | +0.1% |
| MCD MCDONALD'S CORP | Consumer discretionary | 1.1M | $354.5M | 0.6% | +2.8% |
| UNH UNITEDHEALTH GROUP INC | Financials | 1.1M | $311.5M | 0.6% | +1.1% |
| AZN ASTRAZENECA PLC | Healthcare | 1.5M | $295.8M | 0.5% | New |
| MU MICRON TECHNOLOGY INC | Technology | 861.5K | $291.6M | 0.5% | -12.1% |
| AMD ADVANCED MICRO DEVICES | Technology | 1.4M | $287.7M | 0.5% | +2.7% |
| KO COCA-COLA CO/THE | Consumer staples | 3.7M | $280.4M | 0.5% | +0.4% |
| BKNG BOOKING HOLDINGS INC | Industrials | 62.2K | $262.9M | 0.5% | +2.1% |
| ORCL ORACLE CORP | Technology | 1.8M | $262.6M | 0.5% | -1.8% |
| BAC BANK OF AMERICA CORP | Financials | 5.0M | $245.7M | 0.4% | +0.2% |
| PEP PEPSICO INC | Consumer staples | 1.5M | $241.4M | 0.4% | -13.3% |
| GILD GILEAD SCIENCES INC | Healthcare | 1.7M | $234.2M | 0.4% | -0.5% |
| MRSH MARSH & MCLENNAN COS | Financials | 1.3M | $232.9M | 0.4% | +1.6% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 954.3K | $232.1M | 0.4% | +1.8% |
| CAT CATERPILLAR INC | Industrials | 316.9K | $225.0M | 0.4% | +1.6% |
| EXC EXELON CORP | Utilities | 4.5M | $222.0M | 0.4% | +3.2% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 4.3M | $218.2M | 0.4% | +1.1% |
| SPGI S&P GLOBAL INC | Services media | 505.4K | $215.8M | 0.4% | +8.0% |
| CRH CRH PLC | Industrials | 2.0M | $204.5M | 0.4% | +2.6% |
| TJX TJX COMPANIES INC | Consumer discretionary | 1.3M | $204.0M | 0.4% | +0.4% |
| CVX CHEVRON CORP | Energy | 977.7K | $202.7M | 0.4% | +13.3% |
| NKE NIKE INC -CL B | Other | 3.8M | $199.5M | 0.4% | +2.2% |
| T AT&T INC | Communications | 6.7M | $195.4M | 0.4% | +0.3% |
| MDT MEDTRONIC PLC | Healthcare | 2.2M | $193.8M | 0.3% | +1.6% |
| ABT ABBOTT LABORATORIES | Healthcare | 1.9M | $192.2M | 0.3% | -0.2% |
| TTE TOTALENERGIES SE | Energy | 2.0M | $189.9M | 0.3% | +0.4% |
| PFE PFIZER INC | Healthcare | 6.7M | $187.6M | 0.3% | +0.1% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 1921 | $55.82B | $K fixed canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 1870 | $57.47B | $K fixed canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 17, 2025 | 2132 | $69.87B | $K fixed canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 15, 2025 | 2537 | $63.09B | $K fixed canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 2174 | $56.76B | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 2201 | $57.98B | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 2246 | $57.38B | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 12, 2024 | 2271 | $53.13B | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 13, 2024 | 2333 | $49.61B | $K fixed canonical | SEC ↗ |
Similar funds
VANGUARD CAPITAL MANAGEMENT LLCVANGUARD PORTFOLIO MANAGEMENT LLCPRICE T ROWE ASSOCIATES INC /MD/Bank of New York Mellon CorpLegal & General Group PlcVANGUARD FIDUCIARY TRUST CONuveen, LLCAmundiJANUS HENDERSON GROUP PLCAMERICAN CENTURY COMPANIES INCPRINCIPAL FINANCIAL GROUP INCVanguard Global Advisers, LLC