HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND

Diversified mechanical Mechanical CIK 1535845
League rank
#73
in Diversified mechanical · #1763 overall
Long book
$60.08B
Q1 2026
Positions
1431
Top-10 weight
29%
concentration
Last quarter
+14.6%
SPY +14.8%
Turnover
35%
of book per quarter

Strategy in plain words

auto-generated from filings

HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND is a mechanically diversified allocator, running a $60.08B US long book across 1431 positions.

The portfolio is moderately concentrated (top 10 ≈ 29% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NVIDIA CORP, JPMORGAN CHASE & CO, APPLE INC, CANADIAN NATURAL RESOURCES, ISHARES CORE S&P 500 ETF.

Over the last 9 quarters its long book ran on average 0.2pp per quarter ahead of the S&P 500, beating the index in 5 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
+6.1%
Q3 2024
+0.8%
Q4 2024
-4.4%
Q1 2025
+11.6%
Q2 2025
+8.4%
Q3 2025
+3.4%
Q4 2025
-0.6%
Q1 2026
+14.6%

Sector allocation

Technology
31%
Financials
23%
Energy
8%
Industrials
7%
Healthcare
6%
Consumer discretionary
6%
Services media
4%
Other
4%

Long book by quarter

$28.36B
Q1 2024
$33.67B
Q2 2024
$40.94B
Q3 2024
$46.45B
Q4 2024
$44.95B
Q1 2025
$49.52B
Q2 2025
$53.72B
Q3 2025
$58.75B
Q4 2025
$60.08B
Q1 2026

What does HEALTHCARE OF own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology18.9M$3.29B5.5%+3.8%
JPM JPMORGAN CHASE & COFinancials6.9M$2.04B3.4%+31.5%
AAPL APPLE INCTechnology7.7M$1.94B3.2%+15.5%
CNQ CANADIAN NATURAL RESOURCESEnergy37.5M$1.83B3.0%+10.0%
GOOGL ALPHABET INC-CL ATechnology4.5M$1.31B2.2%+4.0%
META META PLATFORMS INC-CLASS ATechnology1.9M$1.09B1.8%+49.6%
MSFT MICROSOFT CORPTechnology2.7M$1.01B1.7%+31.0%
AVGO BROADCOM INCTechnology3.0M$935.4M1.6%-26.6%
TSLA TESLA INCIndustrials1.8M$687.7M1.1%+55.3%
TD TORONTO-DOMINION BANKFinancials6.5M$604.1M1.0%-45.6%
RY ROYAL BANK OF CANADAFinancials3.7M$603.4M1.0%+25.9%
WMT WALMART INCConsumer discretionary4.7M$586.9M1.0%+588.5%
BAC BANK OF AMERICA CORPFinancials11.8M$575.1M1.0%+63.2%
GOOG ALPHABET INC-CL CTechnology2.0M$566.1M0.9%+23.9%
SU SUNCOR ENERGY INCEnergy7.8M$513.0M0.9%+238.9%
BMO BANK OF MONTREALFinancials3.5M$473.3M0.8%+7.0%
ABBV ABBVIE INCHealthcare2.1M$455.9M0.8%+749.0%
COST COSTCO WHOLESALE CORPConsumer discretionary446.2K$444.6M0.7%+80.5%
MA MASTERCARD INC - AServices media864.1K$431.8M0.7%+90.4%
MFC MANULIFE FINANCIAL CORPFinancials11.7M$403.0M0.7%+183.7%
BNS BANK OF NOVA SCOTIAFinancials5.5M$384.0M0.6%-41.4%
MU MICRON TECHNOLOGY INCTechnology1.1M$383.7M0.6%-24.4%
AXP AMERICAN EXPRESS COFinancials1.2M$374.0M0.6%+350.0%
CSCO CISCO SYSTEMS INCTechnology4.7M$362.3M0.6%+60.0%
TRP TC ENERGY CORPUtilities5.7M$354.0M0.6%-41.0%
VZ VERIZON COMMUNICATIONS INCCommunications7.0M$353.5M0.6%+78.1%
AMZN AMAZON.COM INCConsumer discretionary1.6M$340.6M0.6%+3.1%
CMCSA COMCAST CORP-CLASS ACommunications11.6M$333.5M0.6%+824.4%
CM CAN IMPERIAL BK OF COMMERCEFinancials3.4M$321.1M0.5%-59.9%
KLAC KLA CORPOther211.6K$311.6M0.5%+313.8%
ADI ANALOG DEVICES INCTechnology949.8K$302.2M0.5%+44.9%
JNJ JOHNSON & JOHNSONHealthcare1.2M$300.2M0.5%+29.7%
BKNG BOOKING HOLDINGS INCIndustrials68.0K$286.4M0.5%+510.3%
UBER UBER TECHNOLOGIES INCServices media3.8M$273.6M0.5%+4531.4%
LIN LINDE PLCMaterials543.0K$269.2M0.4%+40.2%
SCHW SCHWAB (CHARLES) CORPFinancials2.8M$261.9M0.4%+63.4%
MS MORGAN STANLEYFinancials1.6M$257.1M0.4%+54.8%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials534.5K$256.1M0.4%-4.2%
COP CONOCOPHILLIPSEnergy1.9M$249.9M0.4%+3775.8%
LOW LOWE'S COS INCConsumer discretionary1.0M$244.1M0.4%+142.4%
T AT&T INCCommunications8.3M$241.9M0.4%+1839.5%
NEE NEXTERA ENERGY INCUtilities2.6M$238.5M0.4%+77.4%
NEM NEWMONT CORPMaterials2.1M$226.2M0.4%+1247.1%
MDLN MEDLINE INC-CL AHealthcare5.0M$222.5M0.4%+233.3%
CEG CONSTELLATION ENERGYUtilities768.5K$214.6M0.4%+611.7%
BN BROOKFIELD CORPReal estate5.2M$210.3M0.4%-18.0%
INTC INTEL CORPTechnology4.5M$196.9M0.3%+164.7%
BLK BLACKROCK INCFinancials200.1K$192.4M0.3%+187.1%
MCK MCKESSON CORPConsumer discretionary214.7K$185.8M0.3%+4300.3%
GILD GILEAD SCIENCES INCHealthcare1.3M$181.0M0.3%-26.3%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 20261469$62.21B canonicalSEC ↗
Q4 202513F-HRFeb 13, 20261367$59.79B canonicalSEC ↗
Q3 202513F-HRNov 13, 20251167$55.25B canonicalSEC ↗
Q2 202513F-HRAug 13, 20251086$51.39B canonicalSEC ↗
Q1 202513F-HRMay 14, 20251096$46.86B canonicalSEC ↗
Q4 202413F-HRFeb 14, 2025964$47.47B canonicalSEC ↗
Q3 202413F-HRNov 13, 2024978$42.24B canonicalSEC ↗
Q2 202413F-HR/ARESTATEMENTSep 20, 2024968$34.94B canonicalSEC ↗
Q2 202413F-HRAug 14, 2024965$34.91B SEC ↗
Q1 202413F-HRMay 13, 2024910$29.67B canonicalSEC ↗