CIBC Asset Management Inc
Long book
$40.92B
Q1 2026
Positions
1371
Top-10 weight
27%
concentration
Last quarter
+10.8%
SPY +14.8%
Turnover
9%
of book per quarter
Strategy in plain words
auto-generated from filingsCIBC Asset Management Inc is a mechanically diversified allocator, running a $40.92B US long book across 1371 positions.
The portfolio is moderately concentrated (top 10 ≈ 27% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: ROYAL BANK OF CANADA, NVIDIA CORP, APPLE INC, TORONTO-DOMINION BANK, MICROSOFT CORP.
Over the last 9 quarters its long book ran on average 0.3pp per quarter ahead of the S&P 500, beating the index in 6 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
+0.0%
Q2 2024
+9.2%
Q3 2024
-0.6%
Q4 2024
-1.4%
Q1 2025
+11.5%
Q2 2025
+9.6%
Q3 2025
+4.8%
Q4 2025
-0.5%
Q1 2026
+10.8%
Sector allocation
Technology 24%
Financials 21%
Materials 12%
Energy 9%
Industrials 8%
Consumer discretionary 5%
Utilities 5%
Healthcare 5%
Long book by quarter
What does CIBC Asset own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| RY ROYAL BANK OF CANADA | Financials | 10.5M | $1.69B | 4.1% | -3.3% |
| NVDA NVIDIA CORP | Technology | 8.6M | $1.51B | 3.7% | +0.4% |
| AAPL APPLE INC | Technology | 5.2M | $1.33B | 3.2% | -0.3% |
| TD TORONTO-DOMINION BANK | Financials | 12.0M | $1.12B | 2.7% | -15.5% |
| MSFT MICROSOFT CORP | Technology | 2.8M | $1.02B | 2.5% | +0.1% |
| BMO BANK OF MONTREAL | Financials | 6.8M | $920.5M | 2.2% | +8.7% |
| AEM AGNICO EAGLE MINES LTD | Materials | 4.4M | $884.9M | 2.2% | -9.9% |
| B BARRICK MINING CORP | Materials | 21.0M | $859.7M | 2.1% | +5.6% |
| CM CAN IMPERIAL BK OF COMMERCE | Financials | 8.5M | $802.4M | 2.0% | -12.1% |
| ENB ENBRIDGE INC | Energy | 14.5M | $786.7M | 1.9% | +4.5% |
| CNQ CANADIAN NATURAL RESOURCES | Energy | 15.7M | $766.4M | 1.9% | -7.7% |
| SU SUNCOR ENERGY INC | Energy | 11.4M | $756.8M | 1.8% | +16.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 3.6M | $745.1M | 1.8% | -1.7% |
| GOOGL ALPHABET INC-CL A | Technology | 2.2M | $628.1M | 1.5% | -0.5% |
| BNS BANK OF NOVA SCOTIA | Financials | 8.8M | $611.5M | 1.5% | -10.8% |
| TRP TC ENERGY CORP | Utilities | 9.3M | $581.7M | 1.4% | +4.0% |
| BN BROOKFIELD CORP | Real estate | 14.1M | $571.0M | 1.4% | -18.5% |
| AVGO BROADCOM INC | Technology | 1.8M | $568.1M | 1.4% | +1.8% |
| CP CANADIAN PACIFIC KANSAS CITY | Industrials | 6.6M | $521.5M | 1.3% | -13.9% |
| GOOG ALPHABET INC-CL C | Technology | 1.8M | $517.5M | 1.3% | -1.1% |
| SHOP SHOPIFY INC - CLASS A | Technology | 4.3M | $511.1M | 1.2% | +0.6% |
| META META PLATFORMS INC-CLASS A | Technology | 864.1K | $494.4M | 1.2% | -0.1% |
| MFC MANULIFE FINANCIAL CORP | Financials | 14.1M | $487.7M | 1.2% | -16.4% |
| CVE CENOVUS ENERGY INC | Energy | 16.6M | $441.2M | 1.1% | +22.0% |
| TSLA TESLA INC | Industrials | 1.1M | $420.4M | 1.0% | +5.2% |
| KGC KINROSS GOLD CORP | Materials | 13.4M | $409.9M | 1.0% | +146.0% |
| CCJ CAMECO CORP | Materials | 3.6M | $392.4M | 1.0% | +15.6% |
| CNI CANADIAN NATL RAILWAY CO | Industrials | 3.7M | $377.1M | 0.9% | +4.5% |
| WPM WHEATON PRECIOUS METALS CORP | Materials | 2.8M | $364.9M | 0.9% | -0.6% |
| TECK TECK RESOURCES LTD-CLS B | Materials | 6.7M | $347.9M | 0.9% | +18.7% |
| WMT WALMART INC | Consumer discretionary | 2.3M | $281.9M | 0.7% | +82.0% |
| AGI ALAMOS GOLD INC-CLASS A | Materials | 6.3M | $280.0M | 0.7% | -28.0% |
| LLY ELI LILLY & CO | Healthcare | 302.4K | $278.1M | 0.7% | +3.0% |
| GFL GFL ENVIRONMENTAL INC-SUB VT | Utilities | 6.1M | $255.5M | 0.6% | +20.2% |
| PBA PEMBINA PIPELINE CORP | Energy | 5.7M | $253.1M | 0.6% | -34.3% |
| JPM JPMORGAN CHASE & CO | Financials | 848.5K | $249.5M | 0.6% | +3.1% |
| XOM EXXON MOBIL CORP | Energy | 1.4M | $239.0M | 0.6% | -1.2% |
| BAM BROOKFIELD ASSET MGMT-A | Financials | 5.3M | $235.4M | 0.6% | +8.8% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 475.5K | $227.8M | 0.6% | +0.2% |
| JNJ JOHNSON & JOHNSON | Healthcare | 896.8K | $219.2M | 0.5% | -7.3% |
| HBM HUDBAY MINERALS INC | Materials | 10.2M | $214.1M | 0.5% | +1856.8% |
| NFLX NETFLIX INC | Services media | 2.2M | $208.7M | 0.5% | -5.5% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 208.8K | $208.0M | 0.5% | +0.9% |
| TU TELUS CORP | Communications | 15.6M | $200.5M | 0.5% | -15.9% |
| MU MICRON TECHNOLOGY INC | Technology | 529.8K | $179.0M | 0.4% | -1.6% |
| V VISA INC-CLASS A SHARES | Services media | 575.1K | $173.7M | 0.4% | -10.2% |
| AMD ADVANCED MICRO DEVICES | Technology | 787.6K | $160.2M | 0.4% | +1.5% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 1.1M | $158.7M | 0.4% | +0.6% |
| WCN WASTE CONNECTIONS INC | Utilities | 972.1K | $158.2M | 0.4% | -50.5% |
| ABBV ABBVIE INC | Healthcare | 700.2K | $152.3M | 0.4% | +1.8% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 12, 2026 | 1372 | $40.92B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 10, 2026 | 1366 | $41.42B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 31, 2025 | 1239 | $34.54B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 1220 | $32.34B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 1179 | $30.13B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 31, 2025 | 1219 | $30.51B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 6, 2024 | 1212 | $30.82B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 1, 2024 | 1146 | $28.10B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 9, 2024 | 1129 | $28.84B | 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