Institution

Caisse De Depot Et Placement Du Quebec

13F for the quarter to June 30, 2026, filed August 14, 2026 · SEC CIK 898286

Reported value: $70.2bn
Positions we cover: 652
Copy, a year: +11.3%
Copy Sharpe ratio: 0.63

How copying its 13F would have done

CopyS&P 500 $10,000 copying Caisse De Depot Et Placement Du Quebec's filed holdings in companies we cover from August 16, 2013, 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 −35.3% (S&P 500 −31.8%); beta 0.96; alpha −1.9% a year (t = −1.73); last 12 months +12.7% against +12.1%.

Reported value by quarter

Caisse De Depot Et Placement Du Quebec: 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
2013-06-30	$33.6B
2013-09-30	$34.4B
2013-12-31	$32.9B
2014-03-31	$33.2B
2014-06-30	$36.4B
2014-09-30	$36.9B
2014-12-31	$37.8B
2015-03-31	$35.9B
2015-06-30	$37.9B
2015-09-30	$36.3B
2015-12-31	$36.2B
2016-03-31	$37.2B
2016-06-30	$38.8B
2016-09-30	$40.1B
2016-12-31	$39.5B
2017-03-31	$40.2B
2017-06-30	$41B
2017-09-30	$43.3B
2017-12-31	$43.3B
2018-03-31	$41.3B
2018-06-30	$42.1B
2018-09-30	$43.1B
2018-12-31	$36.6B
2019-03-31	$39.4B
2019-06-30	$40.2B
2019-09-30	$41B
2019-12-31	$41.1B
2020-03-31	$31.7B
2020-06-30	$35.5B
2020-09-30	$37.4B
2020-12-31	$43.1B
2021-03-31	$44.2B
2021-06-30	$46.2B
2021-09-30	$46.8B
2021-12-31	$46.2B
2022-03-31	$42.7B
2022-06-30	$36.3B
2022-09-30	$34.3B
2022-12-31	$32.5T
2023-03-31	$35.1B
2023-06-30	$37.6B
2023-09-30	$34.7B
2023-12-31	$39.3B
2024-03-31	$41.6B
2024-06-30	$41.2B
2024-09-30	$50.3B
2024-12-31	$48.1B
2025-03-31	$47.7B
2025-06-30	$46.8B
2025-09-30	$55.5B
2025-12-31	$59B
2026-03-31	$62.4B
2026-06-30	$70.2B

Holdings and moves

Company	Share of portfolio	Value	Shares	Change in shares
AAPLApple Inc.	3.85%	$2.7bn	9.33M	−15.8% Reduced
NVDANVIDIA Corporation	3.56%	$2.5bn	12.50M	−20.8% Reduced
MSFTMicrosoft Corporation	3.21%	$2.3bn	6.04M	+21.5% Added
GOOGLAlphabet Inc. (Class A)	2.68%	$1.9bn	5.27M	−20.9% Reduced
METAMeta Platforms	1.96%	$1.4bn	2.44M	+20.1% Added
AMZNAmazon	1.92%	$1.3bn	5.64M	−2.2% Reduced
LLYLilly (Eli)	1.38%	$966.5m	805.8K	+17.4% Added
BMOBank Of Montreal	1.36%	$957.5m	5.42M	0.0%
TFIITFI International Inc.	1.30%	$911.0m	6.33M	−11.5% Reduced
AMATApplied Materials	1.26%	$885.5m	1.22M	−3.3% Reduced
CAECAE Inc	1.10%	$773.8m	30.92M	0.0%
BCEBCE Inc	1.05%	$734.4m	34.11M	0.0%
JPMJPMorgan Chase	1.00%	$704.3m	2.15M	−10.0% Reduced
AVGOBroadcom	0.98%	$689.8m	1.83M	−16.8% Reduced
MAMastercard	0.93%	$651.7m	1.27M	−12.4% Reduced
LRCXLam Research	0.89%	$627.0m	1.45M	+89.3% Added
MUMicron Technology	0.87%	$613.7m	531.6K	−31.6% Reduced
GILGildan Activewear Inc.	0.86%	$601.9m	11.68M	+11.9% Added
JNJJohnson & Johnson	0.82%	$573.8m	2.26M	−24.3% Reduced
MRKMerck & Co.	0.81%	$571.6m	4.45M	+17.1% Added
UNHUnitedHealth Group	0.81%	$566.8m	1.36M	+5.3% Added
CSCOCisco	0.79%	$553.5m	4.71M	−15.3% Reduced
TSLATesla, Inc.	0.75%	$524.1m	1.25M	+14.0% Added
PGRProgressive Corporation	0.70%	$491.9m	2.25M	+36.9% Added
TXNTexas Instruments	0.69%	$484.9m	1.63M	+29.2% Added
COSTCostco	0.63%	$438.9m	469.2K	−6.1% Reduced
ABBVAbbVie	0.59%	$413.1m	1.64M	+1.8% Added
WMTWalmart	0.57%	$400.1m	3.53M	+8.4% Added
CCitigroup	0.57%	$397.6m	2.84M	−5.2% Reduced
TJXTJX Companies	0.55%	$385.6m	2.54M	+31.3% Added
TDToronto Dominion Bank	0.52%	$364.1m	3.00M	+1.8% Added
KLACKLA Corporation	0.52%	$362.9m	1.20M	+2549.4% Added
RYRoyal Bank Of Canada	0.51%	$360.4m	1.74M	−5.8% Reduced
AMDAdvanced Micro Devices	0.49%	$341.3m	587.5K	−25.3% Reduced
INTCIntel	0.45%	$316.5m	2.27M	+26.6% Added
KOThe Coca-Cola Company	0.41%	$291.2m	3.58M	+34.6% Added
NEENextEra Energy	0.41%	$288.9m	3.29M	−3.4% Reduced
PHMPulteGroup	0.41%	$287.0m	2.09M	−6.8% Reduced
TRPTC Energy Corp	0.40%	$283.9m	4.29M	+4.0% Added
AZNAstrazeneca PLC	0.39%	$273.9m	1.46M	New
GMGeneral Motors	0.38%	$266.0m	3.45M	+42.2% Added
GILDGilead Sciences	0.38%	$263.2m	2.08M	+34.9% Added
CORCencora	0.37%	$258.7m	914.2K	+74.0% Added
ENBEnbridge Inc	0.36%	$256.3m	4.73M	+5.7% Added
ANETArista Networks	0.36%	$252.0m	1.48M	−22.4% Reduced
WFCWells Fargo	0.35%	$246.9m	2.99M	+13.6% Added
DUKDuke Energy	0.35%	$246.7m	1.95M	+23.0% Added
FIXComfort Systems USA	0.35%	$243.8m	123.0K	+54.0% Added
BMYBristol Myers Squibb	0.35%	$243.6m	4.23M	+185.0% Added
BACBank of America	0.34%	$242.0m	4.25M	−43.4% Reduced
BKNGBooking Holdings	0.33%	$229.9m	1.29M	+2982.1% Added
CPCanadian Pacific Kansas City LTD	0.33%	$228.4m	2.64M	+25.6% Added
TAT&T	0.32%	$223.9m	10.82M	−16.7% Reduced
GSGoldman Sachs	0.30%	$212.4m	210.0K	−24.3% Reduced
PGProcter & Gamble	0.30%	$211.0m	1.44M	−27.1% Reduced
BLKBlackRock	0.30%	$210.4m	218.8K	+67.5% Added
DGDollar General	0.29%	$205.6m	1.79M	+160.6% Added
EXPEExpedia Group	0.29%	$200.9m	785.1K	+44.2% Added
HWMHowmet Aerospace	0.28%	$197.0m	732.6K	−4.0% Reduced
ADIAnalog Devices	0.28%	$195.8m	493.1K	+41.3% Added
SCHWCharles Schwab Corporation	0.28%	$195.6m	2.12M	+833.1% Added
CICigna	0.28%	$195.6m	709.5K	+60.8% Added
HALHalliburton	0.28%	$194.7m	5.73M	+6.8% Added
NVRNVR, Inc.	0.28%	$194.1m	28.5K	+4.5% Added
LINLinde plc	0.28%	$193.9m	373.7K	+22.4% Added
MSIMotorola Solutions	0.27%	$190.9m	459.7K	+36.1% Added
ODFLOld Dominion	0.27%	$190.6m	879.8K	+66.7% Added
TERTeradyne	0.27%	$186.2m	384.8K	+37.1% Added
RBARB Global Inc.	0.26%	$183.7m	1.58M	−18.2% Reduced
AFLAflac	0.26%	$183.0m	1.56M	+36.8% Added
SNASnap-on	0.26%	$182.0m	452.2K	+16.5% Added
MFCManulife Financial Corp	0.26%	$181.1m	4.47M	−0.5%
GWWW. W. Grainger	0.25%	$178.6m	131.3K	+29.5% Added
ADBEAdobe Inc.	0.25%	$177.9m	867.6K	+18.2% Added
ICEIntercontinental Exchange	0.25%	$174.5m	1.42M	+50.6% Added
TTTrane Technologies	0.25%	$173.4m	353.1K	+1663.4% Added
MSMorgan Stanley	0.24%	$171.9m	822.1K	+45.8% Added
WDCWestern Digital	0.24%	$170.4m	266.8K	−25.6% Reduced
EXPDExpeditors International	0.24%	$169.7m	1.04M	−6.1% Reduced
ALLAllstate	0.24%	$166.9m	701.3K	+17.8% Added
BAMBrookfield Asset Management Ltd.	0.23%	$165.0m	3.68M	+431.7% Added
MRSHMarsh McLennan	0.23%	$163.8m	982.5K	+38.2% Added
HDThe Home Depot	0.23%	$163.6m	463.9K	−49.1% Reduced
SHOPShopify Inc.	0.23%	$163.2m	1.43M	+2.4% Added
TMUST-Mobile US	0.23%	$162.7m	969.9K	−9.2% Reduced
APPApplovin Corp	0.23%	$161.4m	313.2K	+1242.7% Added
AIGAmerican International Group	0.23%	$159.1m	2.14M	−24.0% Reduced
NFLXNetflix	0.22%	$157.6m	2.21M	−17.4% Reduced
REGNRegeneron Pharmaceuticals	0.22%	$156.3m	250.6K	−23.8% Reduced
SRESempra	0.22%	$155.8m	1.68M	+2398.6% Added
INCYIncyte	0.22%	$155.4m	1.37M	−9.9% Reduced
ROSTRoss Stores	0.22%	$154.4m	725.4K	+147.1% Added
UTHRUnited Therapeutics Corp	0.22%	$154.3m	284.8K	−17.1% Reduced
APHAmphenol	0.22%	$152.4m	864.5K	−35.9% Reduced
PLDPrologis	0.22%	$151.5m	1.12M	+100.4% Added
PHParker Hannifin	0.21%	$150.4m	153.8K	+2666.0% Added
NTRNutrien Ltd.	0.21%	$150.4m	2.39M	0.0%
ZMZoom Communications, Inc.	0.21%	$148.3m	1.72M	−11.8% Reduced
DEDeere & Company	0.21%	$147.5m	232.5K	+76.2% Added
SPGSimon Property Group	0.20%	$143.9m	643.6K	−40.1% Reduced
MCOMoody's Corporation	0.20%	$143.2m	316.2K	−13.8% Reduced
WSMWilliams-Sonoma, Inc.	0.20%	$143.1m	613.7K	−8.5% Reduced
DDDuPont	0.20%	$143.0m	1.05M	New
HIGThe Hartford	0.20%	$142.0m	1.07M	−20.5% Reduced
GGGGraco Inc	0.20%	$141.7m	1.87M	+2.0% Added
KIMKimco Realty	0.20%	$140.3m	5.53M	+11.7% Added
MRVLMarvell Technology	0.20%	$139.6m	468.5K	−30.7% Reduced
DHID. R. Horton	0.20%	$138.0m	847.4K	−22.2% Reduced
EMEEmcor	0.20%	$136.5m	164.5K	−43.5% Reduced
SNDKSandisk	0.19%	$136.4m	60.0K	New
TRVThe Travelers Companies	0.19%	$134.4m	407.0K	+103.4% Added
BSXBoston Scientific	0.19%	$133.2m	3.12M	+110.1% Added
TROWT. Rowe Price	0.19%	$132.6m	1.17M	−30.0% Reduced
STTState Street Corporation	0.19%	$132.2m	779.8K	−23.4% Reduced
CBChubb Limited	0.19%	$131.5m	385.9K	+25.0% Added
CMICummins	0.18%	$129.9m	182.1K	−36.5% Reduced
QCOMQualcomm	0.18%	$129.0m	698.0K	+170.6% Added
WECWEC Energy Group	0.18%	$128.3m	1.10M	+60.8% Added
ABNBAirbnb	0.18%	$127.7m	892.4K	+10.0% Added
CATCaterpillar Inc.	0.18%	$127.7m	119.9K	−69.2% Reduced
ADMArcher Daniels Midland	0.18%	$127.4m	1.67M	−13.2% Reduced
VSTVistra Corp.	0.18%	$125.0m	788.2K	−3.4% Reduced
CMCSAComcast	0.18%	$123.2m	5.02M	+136.3% Added
CMECME Group	0.17%	$121.4m	549.9K	+138.1% Added
BKRBaker Hughes	0.17%	$120.4m	2.17M	−33.8% Reduced
DECKDeckers Brands	0.17%	$119.7m	1.21M	+1.9% Added
JJacobs Solutions	0.17%	$118.8m	942.7K	+52.2% Added
SLFSUN Life Financial Inc	0.17%	$116.6m	1.49M	+55.3% Added
SYFSynchrony Financial	0.16%	$114.2m	1.50M	+143.1% Added
PEPPepsiCo	0.16%	$114.2m	843.4K	−61.9% Reduced
EXELExelixis, Inc.	0.16%	$114.0m	2.09M	−17.6% Reduced
HSTHost Hotels & Resorts	0.16%	$113.2m	4.77M	−30.3% Reduced
INTUIntuit	0.16%	$112.4m	430.5K	+132.7% Added
NEMNewmont	0.16%	$112.0m	1.20M	−13.0% Reduced
SNPSSynopsys Inc	0.16%	$110.4m	247.5K	+47.9% Added
BIIBBiogen	0.16%	$110.2m	510.2K	−1.6% Reduced
PEGPublic Service Enterprise Group	0.15%	$109.0m	1.34M	+471.0% Added
EIXEdison International	0.15%	$108.7m	1.46M	+11.0% Added
AMPAmeriprise Financial	0.15%	$106.1m	231.3K	+692.1% Added
TMOThermo Fisher Scientific	0.15%	$105.3m	210.0K	+45.0% Added
CBOECboe Global Markets	0.15%	$104.2m	429.2K	+37.9% Added
FITBFifth Third Bancorp	0.15%	$103.7m	1.84M	−1.4% Reduced
ITWIllinois Tool Works	0.15%	$103.7m	383.4K	−31.5% Reduced
STLDSteel Dynamics	0.15%	$103.3m	450.1K	−40.9% Reduced
NUENucor	0.14%	$101.7m	456.4K	−39.1% Reduced
USBU.S. Bancorp	0.14%	$101.4m	1.68M	+423.1% Added
SUNBSunbelt Rentals Holdings, Inc.	0.14%	$100.4m	1.34M	+118.4% Added
AXPAmerican Express	0.14%	$100.3m	296.7K	+19.3% Added
DLTRDollar Tree	0.14%	$100.3m	828.9K	+13.6% Added
CFCF Industries	0.14%	$99.9m	922.9K	+0.8% Added

Company	Bought (value)	Shares
MSFTMicrosoft Corporation	$398.1m	1.07M
KLACKLA Corporation	$349.2m	1.16M
LRCXLam Research	$295.8m	682.6K
AZNAstrazeneca PLC	$273.9m	1.46M
METAMeta Platforms	$230.0m	408.2K
BKNGBooking Holdings	$222.4m	1.25M
SCHWCharles Schwab Corporation	$174.6m	1.89M
TTTrane Technologies	$163.6m	333.1K
BMYBristol Myers Squibb	$158.1m	2.74M
SRESempra	$149.6m	1.61M
APPApplovin Corp	$149.3m	289.8K
PHParker Hannifin	$145.0m	148.2K
LLYLilly (Eli)	$143.0m	119.2K
DDDuPont	$143.0m	1.05M
SNDKSandisk	$136.4m	60.0K

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

Company	Sold (value)	Shares
NVDANVIDIA Corporation	−$657.0m	−3.28M
AAPLApple Inc.	−$506.1m	−1.75M
GOOGLAlphabet Inc. (Class A)	−$496.1m	−1.39M
CATCaterpillar Inc.	−$286.3m	−268.8K
MUMicron Technology	−$283.0m	−245.2K
ABTAbbott Laboratories	−$239.3m	−2.64M
BACBank of America	−$185.5m	−3.26M
PEPPepsiCo	−$185.4m	−1.37M
JNJJohnson & Johnson	−$184.5m	−726.3K
HDThe Home Depot	−$158.1m	−448.4K
UALUnited Airlines Holdings	−$148.0m	−1.09M
AVGOBroadcom	−$139.2m	−368.4K
CBRECBRE Group	−$124.3m	−923.1K
LHXL3Harris	−$124.2m	−427.5K
TFIITFI International Inc.	−$118.8m	−825.5K

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

Company	Value last quarter	Shares
CDNSCadence Design Systems Inc	$92.9m	334.5K
ALSNAllison Transmission Holdings Inc	$63.9m	546.3K
LNGCheniere Energy, Inc.	$58.1m	204.8K
RYNRayonier Inc	$39.6m	1.92M
GISGeneral Mills	$36.6m	983.9K
USFDUS Foods Holding Corp.	$35.9m	389.1K
CMCCommercial Metals Co	$26.2m	425.9K
NUNu Holdings Ltd.	$23.3m	1.62M
TRGPTarga Resources	$21.4m	85.4K
WTSWatts Water Technologies Inc	$20.7m	71.3K
LPXLouisiana-pacific Corp	$20.2m	277.9K
STESteris	$17.4m	78.7K
WATWaters Corporation	$17.2m	57.6K
PENPenumbra Inc	$13.7m	41.7K
CAGConagra Brands Inc.	$13.4m	854.2K
ECLEcolab	$13.3m	50.1K
DSGXDescartes Systems Group Inc	$12.1m	169.1K
DOCUDocusign, Inc.	$10.3m	216.7K
SNEXStonex Group Inc.	$8.9m	110.3K
DOCNDigitalocean Holdings, Inc.	$8.8m	102.9K
LAURLaureate Education, Inc.	$8.8m	251.5K
ENSGEnsign Group, Inc	$8.4m	41.8K
CMSCMS Energy	$8.3m	107.2K
VCTRVictory Capital Holdings, Inc.	$8.2m	125.0K
STZConstellation Brands	$7.5m	49.7K
CRLCharles River Laboratories	$7.0m	40.4K
FSSFederal Signal Corp	$6.9m	64.0K
UGIUGI Corp	$6.7m	184.6K
SFMSprouts Farmers Market, Inc.	$6.7m	87.0K
PNTGPennant Group, Inc.	$6.5m	214.3K

Technology28.1%
Financials16.5%
Industrials12.4%
Health Care11.4%
Consumer Discretionary10.3%
Communication Services8.3%
Consumer Staples4.0%
Materials2.6%
Utilities2.6%
Real Estate1.8%
Energy1.8%

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 backtestAugust 16, 2013 to November 2, 2026	+11.3%	+14.1%	0.63	0.78	−35.3%	0.96
2018 onwardsJanuary 5, 2018 to November 2, 2026	+10.4%	+13.9%	0.49	0.66	−35.3%	0.95
Last three yearsNovember 3, 2023 to November 2, 2026	+18.8%	+21.8%	1.08	1.16	−15.2%	0.88
Last yearNovember 7, 2025 to November 2, 2026	+14.4%	+14.2%	0.95	0.84	−8.4%	0.82

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.