Institution

AGF Management Ltd

13F for the quarter to June 30, 2026, filed August 10, 2026 · SEC CIK 1003518

Reported value: $25.6bn
Positions we cover: 481
Copy, a year: +16.3%
Copy Sharpe ratio: 0.80

How copying its 13F would have done

CopyS&P 500 $10,000 copying AGF Management Ltd's filed holdings in companies we cover from February 17, 2023, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −17.0% (S&P 500 −16.9%); beta 0.96; alpha −2.2% a year (t = −0.83); last 12 months +6.6% against +12.1%.

Reported value by quarter

AGF Management Ltd: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).

View chart data

Period	Reported value
2022-12-31	$13.5T
2023-03-31	$14.4B
2023-06-30	$13.7B
2023-09-30	$14B
2023-12-31	$16.9B
2024-03-31	$18B
2024-06-30	$17.9B
2024-09-30	$19.6B
2024-12-31	$20B
2025-03-31	$18.9B
2025-06-30	$21.9B
2025-09-30	$22.5B
2025-12-31	$22.9B
2026-03-31	$22.2B
2026-06-30	$25.6B

Holdings and moves

Company	Share of portfolio	Value	Shares	Change in shares
NVDANVIDIA Corporation	4.12%	$1.1bn	5.28M	−6.1% Reduced
GOOGLAlphabet Inc. (Class A)	3.78%	$968.7m	2.71M	−0.3%
AMZNAmazon	2.85%	$729.4m	3.06M	−2.1% Reduced
LLYLilly (Eli)	2.60%	$667.4m	556.5K	+104.5% Added
AMATApplied Materials	2.40%	$616.2m	852.2K	−1.9% Reduced
AMDAdvanced Micro Devices	2.30%	$588.5m	1.01M	+120.8% Added
RYRoyal Bank Of Canada	2.04%	$522.8m	2.23M	−8.5% Reduced
AVGOBroadcom	2.03%	$520.4m	1.38M	+3.4% Added
LINLinde plc	1.80%	$460.8m	888.0K	−2.0% Reduced
JNJJohnson & Johnson	1.53%	$392.4m	1.55M	+134.4% Added
GLWCorning Inc.	1.46%	$373.8m	1.46M	−37.7% Reduced
TDToronto Dominion Bank	1.42%	$363.1m	2.51M	−4.9% Reduced
PWRQuanta Services	1.30%	$332.4m	461.6K	+40.7% Added
GSGoldman Sachs	1.29%	$330.0m	326.3K	+0.6% Added
ETNEaton Corporation	1.28%	$329.4m	773.1K	+138.0% Added
HLTHilton Worldwide	1.25%	$320.8m	970.9K	+19.9% Added
CATCaterpillar Inc.	1.18%	$302.9m	284.4K	−0.4%
TSMTaiwan Semiconductor Manufacturing Co LTD	1.16%	$298.1m	624.3K	+28.5% Added
LRCXLam Research	1.13%	$289.1m	667.1K	+9911.0% Added
MNSTMonster Beverage	1.10%	$282.5m	2.94M	New
TSLATesla, Inc.	1.08%	$276.0m	656.2K	+13.6% Added
MRVLMarvell Technology	1.07%	$275.3m	924.2K	+8080.6% Added
GEVGE Vernova	1.07%	$274.0m	233.2K	+0.1%
CCJCameco Corp	1.04%	$266.5m	2.61M	+4.8% Added
VIKViking Holdings Ltd	1.04%	$265.7m	2.54M	+746.8% Added
MUMicron Technology	1.03%	$265.3m	229.8K	+16.8% Added
TRGPTarga Resources	0.95%	$243.2m	907.1K	−1.0% Reduced
VLOValero Energy	0.94%	$240.9m	925.0K	−35.8% Reduced
ILMNIllumina, Inc.	0.94%	$240.0m	1.36M	New
MSFTMicrosoft Corporation	0.93%	$238.9m	640.6K	−13.7% Reduced
DELLDell Technologies	0.93%	$237.9m	551.3K	New
HWMHowmet Aerospace	0.90%	$230.6m	857.6K	+19.6% Added
TJXTJX Companies	0.89%	$228.9m	1.51M	+97.8% Added
SUSuncor Energy Inc	0.85%	$217.4m	3.43M	+27.8% Added
METAMeta Platforms	0.82%	$211.5m	375.4K	−40.0% Reduced
ENBEnbridge Inc	0.75%	$193.2m	3.23M	+6.6% Added
CNQCanadian Natural Resources Ltd	0.72%	$184.3m	4.39M	−1.3% Reduced
AEMAgnico Eagle Mines LTD	0.71%	$180.9m	1.16M	−16.7% Reduced
ISRGIntuitive Surgical	0.70%	$179.7m	451.9K	0.0%
CPCanadian Pacific Kansas City LTD	0.67%	$172.8m	1.99M	+0.5%
HOODRobinhood Markets	0.64%	$165.0m	1.65M	+0.6% Added
ABBVAbbVie	0.64%	$164.3m	652.9K	−66.5% Reduced
CRWVCoreweave, Inc.	0.63%	$161.0m	1.62M	New
FTITechnipFMC plc	0.62%	$158.4m	2.39M	+0.7% Added
JPMJPMorgan Chase	0.58%	$148.1m	452.6K	−5.2% Reduced
CMCanadian Imperial Bank Of Commerce	0.55%	$139.7m	1.20M	+35.8% Added
SLBSchlumberger	0.55%	$139.7m	3.01M	−16.9% Reduced
VVisa Inc.	0.51%	$131.4m	382.9K	−22.4% Reduced
XPOXPO, Inc.	0.49%	$127.0m	618.7K	+9566.4% Added
IBKRInteractive Brokers	0.49%	$126.4m	1.45M	New
TRIThomson Reuters Corp	0.48%	$122.7m	1.50M	New
PRIPrimerica, Inc.	0.48%	$122.0m	429.3K	−0.3%
WCNWaste Connections, Inc.	0.46%	$118.5m	710.8K	+4.0% Added
COHRCoherent Corp.	0.46%	$117.7m	298.3K	−70.1% Reduced
ARGXArgenx SE	0.45%	$116.4m	125.5K	+0.3%
STMStmicroelectronics N.V.	0.44%	$112.8m	1.51M	New
BKRBaker Hughes	0.44%	$112.0m	2.02M	+0.3%
HDThe Home Depot	0.43%	$110.5m	313.4K	+8.4% Added
COSTCostco	0.43%	$109.5m	117.1K	+50.4% Added
TRPTC Energy Corp	0.43%	$109.2m	1.36M	+20.2% Added
ICEIntercontinental Exchange	0.43%	$109.2m	887.0K	+18.8% Added
ADIAnalog Devices	0.42%	$108.5m	273.1K	+8.9% Added
WMWaste Management	0.41%	$103.7m	465.5K	−1.2% Reduced
VRTXVertex Pharmaceuticals	0.40%	$103.3m	208.0K	+3.3% Added
SCCOSouthern Copper Corp/	0.40%	$103.2m	592.3K	−53.5% Reduced
MSMorgan Stanley	0.40%	$103.1m	493.2K	−19.9% Reduced
LHXL3Harris	0.39%	$100.9m	347.2K	−59.4% Reduced
PMPhilip Morris International	0.38%	$97.9m	541.3K	+2.4% Added
AAAlcoa Corp	0.38%	$96.2m	1.84M	−11.1% Reduced
MDLZMondelez International	0.37%	$95.0m	1.64M	−0.3%
AAPLApple Inc.	0.36%	$91.7m	316.9K	−14.8% Reduced
MSIMotorola Solutions	0.35%	$88.8m	213.8K	+77.9% Added
CBChubb Limited	0.34%	$88.3m	259.1K	−1.0% Reduced
CLSCelestica Inc	0.34%	$86.1m	236.1K	+1913.8% Added
MFCManulife Financial Corp	0.33%	$85.7m	1.69M	−51.0% Reduced
NUENucor	0.33%	$85.6m	384.1K	+5254.3% Added
PLTRPalantir Technologies Inc.	0.33%	$85.3m	730.8K	−26.7% Reduced
SLFSUN Life Financial Inc	0.33%	$84.8m	815.7K	+14.4% Added
NOCNorthrop Grumman	0.33%	$83.4m	163.8K	−53.7% Reduced
WMBWilliams Companies	0.32%	$81.7m	1.10M	−6.3% Reduced
NTRNutrien Ltd.	0.32%	$81.3m	978.3K	−8.7% Reduced
MCDMcDonald's	0.30%	$77.6m	287.0K	+93.1% Added
AGIAlamos Gold Inc	0.29%	$75.3m	2.48M	+174.8% Added
BMOBank Of Montreal	0.28%	$72.2m	408.4K	−9.0% Reduced
AFLAflac	0.28%	$70.5m	601.4K	−1.8% Reduced
BACBank of America	0.27%	$68.0m	1.19M	−60.5% Reduced
EQTEQT Corporation	0.26%	$67.5m	1.27M	−0.4%
CSCOCisco	0.25%	$64.1m	545.5K	−12.6% Reduced
PANWPalo Alto Networks	0.23%	$60.2m	176.5K	−14.3% Reduced
TKRTimken Co	0.23%	$58.7m	404.1K	−0.8% Reduced
SHOPShopify Inc.	0.23%	$58.0m	506.5K	−11.1% Reduced
PAASPAN American Silver Corp	0.21%	$53.2m	1.19M	+4.5% Added
BCEBCE Inc	0.20%	$52.3m	1.71M	New
SHWSherwin-Williams	0.19%	$47.7m	138.4K	−1.1% Reduced
JCIJohnson Controls	0.17%	$44.5m	304.8K	−9.4% Reduced
NEENextEra Energy	0.15%	$38.7m	440.6K	+170.6% Added
HONHoneywell Technologies	0.15%	$37.9m	169.3K	New
HCAHCA Healthcare	0.15%	$37.6m	96.5K	+14.1% Added
HONAHoneywell Aerospace	0.15%	$37.4m	169.3K	New
MCOMoody's Corporation	0.14%	$37.0m	81.7K	+16.3% Added
TMOThermo Fisher Scientific	0.14%	$34.5m	68.8K	−67.1% Reduced
DISThe Walt Disney Company	0.13%	$34.3m	356.7K	New
WABWabtec	0.13%	$33.5m	124.4K	+51.2% Added
TERTeradyne	0.13%	$32.1m	66.3K	−13.4% Reduced
MKSIMKS Inc	0.12%	$30.3m	68.1K	0.0%
FLEXFlex Ltd.	0.12%	$30.1m	185.4K	New
LNGCheniere Energy, Inc.	0.12%	$29.9m	125.2K	+347.2% Added
NVTnVent Electric plc	0.11%	$28.4m	167.4K	+95.3% Added
DEDeere & Company	0.10%	$25.8m	40.6K	New
EQIXEquinix	0.10%	$25.0m	24.0K	+11.7% Added
KOThe Coca-Cola Company	0.10%	$24.9m	306.1K	+6.3% Added
MTZMastec Inc	0.10%	$24.8m	59.5K	+14.4% Added
NNNNNN Reit, Inc.	0.10%	$24.6m	529.1K	−1.4% Reduced
FITBFifth Third Bancorp	0.09%	$24.1m	427.6K	+3400.3% Added
CMCSAComcast	0.09%	$23.9m	974.3K	+3.9% Added
AGCOAGCO Corp	0.09%	$23.9m	199.5K	+15.0% Added
NTRANatera, Inc.	0.09%	$23.8m	87.5K	−82.2% Reduced
NXTNextpower Inc.	0.09%	$23.2m	194.6K	+185.0% Added
JBLJabil	0.09%	$23.1m	60.0K	−4.7% Reduced
SOLSSolstice Advanced Materials Inc.	0.09%	$22.8m	257.5K	+36.1% Added
FTAIFTAI Aviation Ltd.	0.09%	$22.6m	83.6K	+39.3% Added
AMTAmerican Tower	0.08%	$21.0m	128.4K	+8.3% Added
MODModine Manufacturing Co	0.08%	$20.9m	78.4K	New
AMKRAmkor Technology, Inc.	0.08%	$20.7m	240.0K	New
SEISolaris Energy Infrastructure, Inc.	0.08%	$20.6m	255.8K	New
CWCurtiss Wright Corp	0.08%	$20.3m	26.7K	0.0%
MTRNMaterion Corp	0.08%	$20.3m	68.1K	New
MTBM&T Bank	0.08%	$19.9m	83.4K	−77.8% Reduced
BMYBristol Myers Squibb	0.07%	$19.3m	334.1K	−34.9% Reduced
ACNAccenture	0.07%	$19.0m	152.7K	−13.9% Reduced
ECLEcolab	0.07%	$18.6m	66.9K	+4.3% Added
GILGildan Activewear Inc.	0.07%	$18.1m	350.9K	+107.0% Added
WMTWalmart	0.07%	$17.5m	154.7K	−95.3% Reduced
CASYCasey's	0.07%	$17.0m	21.4K	0.0%
HBMHudbay Minerals Inc.	0.07%	$17.0m	719.7K	+8.0% Added
BTSGBrightspring Health Services, Inc.	0.07%	$16.9m	242.7K	New
APHAmphenol	0.07%	$16.8m	95.5K	−88.6% Reduced
ORCLOracle Corporation	0.06%	$14.4m	98.3K	−7.8% Reduced
ASAmer Sports, Inc.	0.06%	$14.1m	416.4K	+32.7% Added
ATIATI Inc	0.05%	$13.9m	70.5K	New
UNHUnitedHealth Group	0.05%	$13.8m	33.2K	+133.4% Added
BURLBurlington Stores, Inc.	0.05%	$13.6m	42.8K	New
ONON Semiconductor Corp	0.05%	$13.5m	143.1K	New
EMAEmera Inc	0.05%	$13.2m	244.7K	+1.5% Added
WPMWheaton Precious Metals Corp.	0.05%	$13.2m	117.1K	+11.9% Added
ORAOrmat Technologies, Inc.	0.05%	$12.9m	118.8K	+2.3% Added
ENPHEnphase Energy, Inc.	0.05%	$12.7m	257.5K	+223.5% Added
RVMDRevolution Medicines, Inc.	0.05%	$12.5m	66.9K	New
FNFabrinet	0.05%	$11.7m	20.8K	+21.9% Added
RDNTRadnet, Inc.	0.04%	$11.6m	188.6K	+0.6% Added

Company	Bought (value)	Shares
LLYLilly (Eli)	$341.1m	284.4K
AMDAdvanced Micro Devices	$321.9m	554.2K
LRCXLam Research	$286.2m	660.5K
MNSTMonster Beverage	$282.5m	2.94M
MRVLMarvell Technology	$272.0m	912.9K
ILMNIllumina, Inc.	$240.0m	1.36M
DELLDell Technologies	$237.9m	551.3K
VIKViking Holdings Ltd	$234.3m	2.24M
JNJJohnson & Johnson	$225.0m	885.9K
ETNEaton Corporation	$191.0m	448.3K
CRWVCoreweave, Inc.	$161.0m	1.62M
IBKRInteractive Brokers	$126.4m	1.45M
XPOXPO, Inc.	$125.7m	612.3K
TRIThomson Reuters Corp	$122.7m	1.50M
TJXTJX Companies	$113.2m	747.1K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
WMTWalmart	−$356.6m	−3.15M
ABBVAbbVie	−$325.9m	−1.30M
COHRCoherent Corp.	−$276.2m	−700.1K
GLWCorning Inc.	−$226.2m	−885.7K
COFCapital One	−$181.6m	−995.5K
LHXL3Harris	−$147.4m	−507.1K
METAMeta Platforms	−$140.8m	−250.0K
VLOValero Energy	−$134.5m	−516.4K
APHAmphenol	−$130.6m	−740.6K
LYBLyondellBasell	−$119.0m	−2.26M
SCCOSouthern Copper Corp/	−$118.7m	−681.4K
ROKRockwell Automation	−$112.3m	−226.8K
NTRANatera, Inc.	−$109.6m	−403.7K
EMBJEmbraer S.a.	−$104.9m	−1.77M
BACBank of America	−$104.1m	−1.83M

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
COFCapital One	$181.6m	995.5K
EMBJEmbraer S.a.	$104.9m	1.77M
BNSBank Of Nova Scotia	$34.0m	352.1K
MGAMagna International Inc	$19.9m	356.8K
RGLDRoyal Gold Inc	$18.7m	73.4K
GHGuardant Health, Inc.	$17.5m	190.0K
OIIOceaneering International Inc	$13.0m	365.9K
ROADConstruction Partners, Inc.	$12.5m	112.4K
FIVEFive Below, Inc	$10.2m	44.8K
FISVFiserv	$10.0m	178.8K
LITELumentum	$7.8m	11.1K
RGENRepligen Corp	$7.1m	60.2K
TOLToll Brothers, Inc.	$6.9m	50.7K
SIISprott Inc.	$6.6m	46.3K
AFRMAffirm Holdings, Inc.	$6.2m	134.7K
WMSAdvanced Drainage Systems, Inc.	$6.1m	44.8K
KTOSKratos Defense & Security Solutions, Inc.	$5.9m	83.2K
HTHTH World Group Ltd	$5.6m	111.7K
OXYOccidental Petroleum	$4.8m	74.0K
TRMBTrimble Inc.	$4.6m	70.0K
VIRTVirtu Financial, Inc.	$4.0m	91.2K
SAICScience Applications International Corp	$3.8m	40.4K
ORealty Income	$3.8m	62.7K
AONAon plc	$3.7m	11.4K
BAHBooz Allen Hamilton Holding Corp	$3.6m	46.7K
GMEGamestop Corp.	$3.6m	156.7K
SPSCSPS Commerce Inc	$3.6m	63.8K
WSOWatsco Inc	$3.5m	9.7K
ULTAUlta Beauty	$3.5m	6.7K
CICigna	$3.5m	13.1K

Technology28.0%
Financials13.4%
Industrials13.0%
Consumer Discretionary9.7%
Energy9.7%
Health Care9.6%
Materials6.1%
Communication Services6.0%
Consumer Staples3.2%
Utilities0.7%
Real Estate0.6%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestFebruary 17, 2023 to November 2, 2026	+16.3%	+19.7%	0.80	1.02	−17.0%	0.96
Last three yearsNovember 3, 2023 to November 2, 2026	+20.8%	+21.8%	1.09	1.16	−17.0%	0.96
Last yearNovember 7, 2025 to November 2, 2026	+8.4%	+14.2%	0.41	0.84	−8.3%	0.92

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.