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Asset manager

Fil Ltd

13F for the quarter to June 30, 2026, filed August 13, 2026 · SEC CIK 318989

Reported value
$139.2bn
89% in companies we cover
Positions we cover
999
Largest RY 3.5%
Copy, a year
+13.8%
S&P 500 +14.1%
Copy Sharpe ratio
0.75
S&P 500 0.78

How copying its 13F would have done

$10.0k$20.0k$40.0k 2013201520172019202120232025 $57.0k$54.9k
CopyS&P 500 $10,000 copying Fil Ltd'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 −34.1% (S&P 500 −31.8%); beta 0.98; alpha +0.1% a year (t = 0.05); last 12 months +14.6% against +12.1%.

Reported value by quarter

Fil 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).
$0 $50T $100T Reported value, 2013-06-30: $17.6B Reported value, 2013-09-30: $20.9B Reported value, 2013-12-31: $24.8B Reported value, 2014-03-31: $27.5B Reported value, 2014-06-30: $26.6B Reported value, 2014-09-30: $26B Reported value, 2014-12-31: $29B Reported value, 2015-03-31: $31B Reported value, 2015-06-30: $31.3B Reported value, 2015-09-30: $28.7B Reported value, 2015-12-31: $32.8B Reported value, 2016-03-31: $32.3B Reported value, 2016-06-30: $31.3B Reported value, 2016-09-30: $33.3B Reported value, 2016-12-31: $33.9B Reported value, 2017-03-31: $35.4B Reported value, 2017-06-30: $34.5B Reported value, 2017-09-30: $34.8B Reported value, 2017-12-31: $35.8B Reported value, 2018-03-31: $36.3B Reported value, 2018-06-30: $66.3B Reported value, 2018-09-30: $67.6B Reported value, 2018-12-31: $56.3B Reported value, 2019-03-31: $63.8B Reported value, 2019-06-30: $66.3B Reported value, 2019-09-30: $66.1B Reported value, 2019-12-31: $72.1B Reported value, 2020-03-31: $60.8B Reported value, 2020-06-30: $74.1B Reported value, 2020-09-30: $80.6B Reported value, 2020-12-31: $81.2B Reported value, 2021-03-31: $87.9B Reported value, 2021-06-30: $93.1B Reported value, 2021-09-30: $90B Reported value, 2021-12-31: $97.5B Reported value, 2022-03-31: $97.5B Reported value, 2022-06-30: $84B Reported value, 2022-09-30: $77.7B Reported value, 2022-12-31: $83.3T Reported value, 2023-03-31: $87.1B Reported value, 2023-06-30: $89B Reported value, 2023-09-30: $84.9B Reported value, 2023-12-31: $95.2B Reported value, 2024-03-31: $100.8B Reported value, 2024-06-30: $101.1B Reported value, 2024-09-30: $110.3B Reported value, 2024-12-31: $107B Reported value, 2025-03-31: $105.2B Reported value, 2025-06-30: $116.9B Reported value, 2025-09-30: $127.2B Reported value, 2025-12-31: $133.5B Reported value, 2026-03-31: $128.7B Reported value, 2026-06-30: $139.2B 2013-06-30 2016-03-31 2018-12-31 2021-09-30 2026-06-30 $139.2B
View chart data
Period Reported value
2013-06-30 $17.6B
2013-09-30 $20.9B
2013-12-31 $24.8B
2014-03-31 $27.5B
2014-06-30 $26.6B
2014-09-30 $26B
2014-12-31 $29B
2015-03-31 $31B
2015-06-30 $31.3B
2015-09-30 $28.7B
2015-12-31 $32.8B
2016-03-31 $32.3B
2016-06-30 $31.3B
2016-09-30 $33.3B
2016-12-31 $33.9B
2017-03-31 $35.4B
2017-06-30 $34.5B
2017-09-30 $34.8B
2017-12-31 $35.8B
2018-03-31 $36.3B
2018-06-30 $66.3B
2018-09-30 $67.6B
2018-12-31 $56.3B
2019-03-31 $63.8B
2019-06-30 $66.3B
2019-09-30 $66.1B
2019-12-31 $72.1B
2020-03-31 $60.8B
2020-06-30 $74.1B
2020-09-30 $80.6B
2020-12-31 $81.2B
2021-03-31 $87.9B
2021-06-30 $93.1B
2021-09-30 $90B
2021-12-31 $97.5B
2022-03-31 $97.5B
2022-06-30 $84B
2022-09-30 $77.7B
2022-12-31 $83.3T
2023-03-31 $87.1B
2023-06-30 $89B
2023-09-30 $84.9B
2023-12-31 $95.2B
2024-03-31 $100.8B
2024-06-30 $101.1B
2024-09-30 $110.3B
2024-12-31 $107B
2025-03-31 $105.2B
2025-06-30 $116.9B
2025-09-30 $127.2B
2025-12-31 $133.5B
2026-03-31 $128.7B
2026-06-30 $139.2B

Holdings and moves

CompanyShare of portfolioValueSharesChange in shares
RYRoyal Bank Of Canada3.49%$4.9bn23.49M+6.2% Added
MSFTMicrosoft Corporation2.82%$3.9bn10.51M+5.2% Added
GOOGLAlphabet Inc. (Class A)2.81%$3.9bn10.95M+6.5% Added
TDToronto Dominion Bank2.66%$3.7bn30.47M+14.1% Added
AMZNAmazon2.43%$3.4bn14.20M+9.6% Added
AAPLApple Inc.2.39%$3.3bn11.50M+13.9% Added
TXNTexas Instruments2.04%$2.8bn9.53M−4.1% Reduced
NVDANVIDIA Corporation1.60%$2.2bn11.14M+8.5% Added
SHOPShopify Inc.1.58%$2.2bn19.28M+5.8% Added
BMOBank Of Montreal1.56%$2.2bn12.33M+7.3% Added
TRPTC Energy Corp1.33%$1.8bn27.89M+3.2% Added
CPCanadian Pacific Kansas City LTD1.32%$1.8bn21.22M+1.0% Added
SUSuncor Energy Inc1.11%$1.6bn28.84M−0.8% Reduced
METAMeta Platforms1.08%$1.5bn2.67M−0.1%
FNVFranco Nevada Corp1.02%$1.4bn6.81M+15.6% Added
INTUIntuit0.95%$1.3bn5.08M+174.1% Added
TDYTeledyne Technologies0.88%$1.2bn1.83M+13.8% Added
AEMAgnico Eagle Mines LTD0.85%$1.2bn7.66M−39.3% Reduced
LINLinde plc0.84%$1.2bn2.25M+9.9% Added
BBarrick Mining Corp0.77%$1.1bn29.11M+18.0% Added
BNSBank Of Nova Scotia0.77%$1.1bn12.25M+35.5% Added
NFLXNetflix0.75%$1.0bn14.60M+21.2% Added
WPMWheaton Precious Metals Corp.0.75%$1.0bn9.23M+191.4% Added
CMCanadian Imperial Bank Of Commerce0.74%$1.0bn8.90M−24.2% Reduced
RBARB Global Inc.0.73%$1.0bn8.79M+40.7% Added
FTSFortis Inc.0.73%$1.0bn17.72M−8.6% Reduced
PGRProgressive Corporation0.71%$987.9m4.52M−3.2% Reduced
ADBEAdobe Inc.0.71%$986.9m4.81M+63.2% Added
JPMJPMorgan Chase0.70%$970.6m2.97M+3.8% Added
WABWabtec0.68%$950.8m3.53M+0.7% Added
CVECenovus Energy Inc.0.67%$927.5m37.38M−12.6% Reduced
CRMSalesforce0.66%$920.8m5.88M+11.1% Added
CMECME Group0.64%$883.9m4.00M+18.0% Added
ORCLOracle Corporation0.63%$877.7m5.99M−7.9% Reduced
CCJCameco Corp0.62%$859.6m8.43M−5.2% Reduced
AZNAstrazeneca PLC0.60%$840.3m4.49M−3.5% Reduced
BCEBCE Inc0.60%$832.7m38.66M+3.3% Added
MAMastercard0.56%$783.0m1.52M+1.5% Added
MCHPMicrochip Technology Inc0.56%$772.4m8.47M−10.7% Reduced
CSCOCisco0.54%$750.4m6.39M−12.7% Reduced
HBMHudbay Minerals Inc.0.48%$668.3m28.30M−7.5% Reduced
PKGPackaging Corporation of America0.47%$660.7m2.77M−3.0% Reduced
TFIITFI International Inc.0.47%$659.2m4.58M−4.2% Reduced
EMAEmera Inc0.46%$638.1m12.03M−6.1% Reduced
TSMTaiwan Semiconductor Manufacturing Co LTD0.45%$622.5m1.30M−13.3% Reduced
SNPSSynopsys Inc0.43%$592.8m1.33M+14.8% Added
WFGWest Fraser Timber Co., LTD0.42%$590.9m8.73M−0.1%
PGProcter & Gamble0.42%$584.0m3.98M−0.5%
IMOImperial OIL LTD0.41%$573.9m5.11M+38.8% Added
UNHUnitedHealth Group0.40%$559.5m1.35M+15.0% Added
NXPINXP Semiconductors0.40%$555.7m1.98M+137.2% Added
BSXBoston Scientific0.38%$526.3m12.33M+283.7% Added
NEENextEra Energy0.37%$514.7m5.86M+0.6% Added
EXPDExpeditors International0.36%$503.6m3.09M+0.2%
RBLXRoblox Corp0.35%$491.8m9.04M+59.6% Added
YMMFull Truck Alliance Co. Ltd.0.35%$491.5m60.52M−4.3% Reduced
PDDPDD Holdings Inc.0.34%$480.0m6.29M−8.1% Reduced
ENBEnbridge Inc0.34%$473.2m8.73M−23.9% Reduced
ADIAnalog Devices0.34%$469.4m1.18M+451.7% Added
IAGIamgold Corp0.34%$469.2m29.56M−4.9% Reduced
SLFSUN Life Financial Inc0.33%$464.5m5.92M+178064.1% Added
DHRDanaher Corporation0.32%$442.6m2.32M+10.8% Added
MSIMotorola Solutions0.32%$442.3m1.06M+41.2% Added
HDBHdfc Bank LTD0.31%$433.4m16.78M+0.4%
AVGOBroadcom0.31%$428.5m1.13M−6.6% Reduced
OTEXOpen Text Corp0.30%$423.5m19.14M+11.4% Added
ACNAccenture0.30%$412.7m3.32M−7.2% Reduced
CSXCSX Corporation0.29%$411.0m8.65M+18.4% Added
MRVLMarvell Technology0.29%$408.5m1.37M−85.2% Reduced
WDAYWorkday, Inc.0.28%$397.3m3.25M+15.1% Added
TMOThermo Fisher Scientific0.28%$395.7m789.3K+48.4% Added
WFCWells Fargo0.28%$392.3m4.75M+47.8% Added
ZTSZoetis0.28%$386.7m5.38M−1.9% Reduced
LNGCheniere Energy, Inc.0.28%$385.3m1.61M+18.8% Added
NUNu Holdings Ltd.0.28%$383.9m28.73M+20.3% Added
EXCExelon0.28%$383.7m8.23M+9.9% Added
BMYBristol Myers Squibb0.27%$375.9m6.52M+3.9% Added
SESea Ltd0.27%$373.5m3.90M+0.2%
CTSHCognizant0.27%$372.5m9.62M+42.9% Added
MGAMagna International Inc0.26%$368.0m5.60M+16.0% Added
BGBunge Global0.26%$362.8m3.40M+16.9% Added
GWWW. W. Grainger0.26%$355.4m261.3K+4.4% Added
MDBMongodb, Inc.0.26%$355.4m1.06M+127.8% Added
CCEPCoca-cola Europacific Partners plc0.26%$355.3m3.55M−7.5% Reduced
ADSKAutodesk, Inc.0.26%$355.0m1.83M+12.1% Added
JDJd.com, Inc.0.25%$349.8m13.73M+16.1% Added
SWKSSkyworks Solutions, Inc.0.25%$348.8m5.14M−1.2% Reduced
VIPSVipshop Holdings Ltd0.25%$345.7m26.07M+4.7% Added
BLKBlackRock0.25%$344.5m358.3K−30.2% Reduced
MSMorgan Stanley0.25%$343.8m1.64M+9.7% Added
TUTelus Corp0.24%$336.9m31.85M+16.7% Added
PBAPembina Pipeline Corp0.23%$326.3m7.05M−9.4% Reduced
SCIService Corp International0.23%$325.3m4.28M+104.4% Added
ESIElement Solutions Inc0.23%$321.4m6.73M−16.7% Reduced
ANETArista Networks0.23%$315.0m1.85M+173.2% Added
MPWRMonolithic Power Systems, Inc.0.22%$310.5m224.6K+45.2% Added
CLSCelestica Inc0.22%$310.4m851.2K+13.6% Added
FLSFlowserve Corp0.22%$308.7m4.16MNew
ZMZoom Communications, Inc.0.22%$302.9m3.51M+24.4% Added
FERFerrovial N.V.0.22%$302.6m4.42M−42.0% Reduced
SPOTSpotify Technology S.a.0.21%$286.9m625.0K+277.0% Added
FANGDiamondback Energy0.21%$286.8m1.63M−2.2% Reduced
GEGE Aerospace0.20%$285.9m765.1K−4.6% Reduced
RNRRenaissancere Holdings LTD0.20%$283.8m895.4K−2.9% Reduced
CATCaterpillar Inc.0.20%$281.1m264.0K+3.2% Added
ALVAutoliv Inc0.20%$277.4m2.39M−0.1%
KLACKLA Corporation0.20%$275.2m912.2K+888.6% Added
VVisa Inc.0.20%$275.0m801.6K−10.0% Reduced
CCICrown Castle0.20%$270.9m3.58M+7.7% Added
PCARPaccar0.19%$270.7m2.25M−4.4% Reduced
BALLBall Corporation0.19%$270.0m4.33M+230902.7% Added
SNSharkninja, Inc.0.19%$268.5m1.76M−23.9% Reduced
NTNXNutanix, Inc.0.19%$264.3m5.19M−0.1%
LRCXLam Research0.19%$262.8m606.5K+9.2% Added
CLHClean Harbors Inc0.19%$262.1m877.4K+72.2% Added
DLTRDollar Tree0.19%$259.3m2.14M−23.3% Reduced
AJGArthur J. Gallagher & Co.0.19%$258.5m1.13M−6.9% Reduced
INTCIntel0.18%$256.8m1.84M+8.3% Added
PFEPfizer0.18%$252.4m10.48M+19.8% Added
AONAon plc0.18%$250.1m754.0K+1.1% Added
EROEro Copper Corp.0.18%$248.9m9.32M−11.0% Reduced
BKRBaker Hughes0.18%$248.0m4.47M−11.9% Reduced
NICENice Ltd.0.17%$242.9m2.67M+30.1% Added
LLYLilly (Eli)0.17%$242.2m201.9K+5.6% Added
TRIThomson Reuters Corp0.17%$241.5m2.96MNew
VNOMViper Energy, Inc.0.17%$239.4m5.65M−0.5%
WSEWise Group plc0.17%$233.7m19.48MNew
LULULululemon Athletica0.17%$231.3m2.03M+24723.6% Added
AQNAlgonquin Power & Utilities Corp.0.17%$231.3m39.33M+3.2% Added
ESABESAB Corp0.17%$231.0m2.34M+67.9% Added
PWRQuanta Services0.16%$225.0m312.4K−12.3% Reduced
VLTOVeralto0.16%$224.7m2.53M+33.7% Added
AMDAdvanced Micro Devices0.16%$221.0m380.5K+2.9% Added
QSRRestaurant Brands International Inc.0.16%$217.2m2.99M−14.6% Reduced
WELLWelltower0.15%$213.9m942.5K+39.1% Added
IFFInternational Flavors & Fragrances0.15%$203.3m2.57M+9.2% Added
CMSCMS Energy0.15%$203.1m2.66M−12.5% Reduced
UNPUnion Pacific Corporation0.14%$201.8m742.1K+5.8% Added
DASHDoorDash0.14%$198.7m1.08M+2204.7% Added
LOWLowe's0.14%$198.2m899.0K+5.5% Added
MUMicron Technology0.14%$197.6m171.2K+321.9% Added
SYKStryker Corporation0.14%$195.2m619.9K+56.8% Added
STMStmicroelectronics N.V.0.14%$194.7m2.60M−12.2% Reduced
CIGIColliers International Group Inc.0.14%$194.6m2.07M+25.7% Added
ARWArrow Electronics, Inc.0.14%$193.8m908.1K−11.5% Reduced
ESTCElastic N.V.0.14%$192.3m3.37M−0.2%
STLDSteel Dynamics0.14%$190.4m829.7K−21.0% Reduced
CDWCDW Corporation0.14%$189.5m1.35M−5.6% Reduced
ICEIntercontinental Exchange0.14%$187.9m1.53M−0.2%
WCNWaste Connections, Inc.0.13%$185.8m1.11M+128.8% Added
CompanyBought (value)Shares
INTUIntuit$841.9m3.23M
WPMWheaton Precious Metals Corp.$681.8m6.06M
SLFSUN Life Financial Inc$464.3m5.91M
TDToronto Dominion Bank$456.8m3.76M
AAPLApple Inc.$407.1m1.41M
BSXBoston Scientific$389.2m9.12M
ADIAnalog Devices$384.3m967.6K
ADBEAdobe Inc.$382.2m1.86M
NXPINXP Semiconductors$321.4m1.14M
FLSFlowserve Corp$308.7m4.16M
AMZNAmazon$296.7m1.24M
RBARB Global Inc.$295.8m2.54M
RYRoyal Bank Of Canada$282.2m1.36M
BNSBank Of Nova Scotia$278.7m3.21M
BALLBall Corporation$269.9m4.32M

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

CompanySold (value)Shares
MRVLMarvell Technology−$2.3bn−7.86M
AEMAgnico Eagle Mines LTD−$770.8m−4.96M
TWLOTwilio Inc−$417.1m−2.02M
EQIXEquinix−$372.8m−357.6K
CMCanadian Imperial Bank Of Commerce−$326.5m−2.84M
CNQCanadian Natural Resources Ltd−$314.8m−7.95M
HUBBHubbell Incorporated−$282.2m−539.4K
EQXEquinox Gold Corp.−$245.4m−25.18M
MICCMagnum Ice Cream Co N.V.−$233.8m−13.44M
FERFerrovial N.V.−$218.8m−3.19M
ARMKAramark−$155.7m−2.74M
BLKBlackRock−$149.2m−155.1K
ENBEnbridge Inc−$148.8m−2.74M
AUAnglogold Ashanti PLC−$134.0m−1.65M
CVECenovus Energy Inc.−$133.4m−5.38M

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

CompanyValue last quarterShares
CNRCore Natural Resources, Inc.$49.5m472.9K
BTUPeabody Energy Corp$48.6m1.48M
CCKCrown Holdings, Inc.$44.4m442.4K
RALRalliant Corp$40.2m966.2K
FIVNFive9, Inc.$38.9m2.56M
NEXANexa Resources S.a.$9.9m935.4K
CELHCelsius Holdings, Inc.$9.8m275.8K
HLNEHamilton Lane Inc$9.3m93.2K
CECelanese Corp$9.1m138.9K
EHCEncompass Health Corp$8.9m92.4K
AAAlcoa Corp$7.3m109.8K
ONONOn Holding AG$7.3m213.2K
YETIYeti Holdings, Inc.$6.6m181.0K
SBSWSibanye Stillwater Ltd$3.3m270.8K
TMETencent Music Entertainment Group$2.0m213.0K
CPNGCoupang, Inc.$2.0m104.0K
DOCNDigitalocean Holdings, Inc.$1.9m21.6K
VITLVital Farms, Inc.$1.4m97.8K
OCOwens Corning$1.1m10.6K
UAAUnder Armour, Inc.$957,325162.0K
ITRIItron, Inc.$854,8919.5K
LBRTLiberty Energy Inc.$816,10628.3K
SBLKStar Bulk Carriers Corp.$748,43232.6K
UGIUGI Corp$665,24818.3K
IEIvanhoe Electric Inc.$591,00050.0K
UHSUniversal Health Services$585,5903.3K
NYTNEW York Times Co$479,6055.7K
HRBH&R Block Inc$408,49412.9K
AINAlbany International Corp$378,1057.2K
ORIOLD Republic International Corp$349,2458.8K
  • Technology27.8%
  • Financials18.6%
  • Industrials10.4%
  • Materials9.1%
  • Communication Services7.7%
  • Consumer Discretionary7.4%
  • Energy7.1%
  • Health Care5.8%
  • Utilities2.8%
  • Consumer Staples2.0%
  • Real Estate1.3%

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

PeriodCopy, a yearS&P 500SharpeS&P 500Biggest dropBeta
Whole backtestAugust 16, 2013 to November 2, 2026+13.8%+14.1%0.750.78−34.1%0.98
2018 onwardsJanuary 5, 2018 to November 2, 2026+12.1%+13.9%0.570.66−34.1%0.96
Last three yearsNovember 3, 2023 to November 2, 2026+20.4%+21.8%1.171.16−13.7%0.83
Last yearNovember 7, 2025 to November 2, 2026+15.9%+14.2%0.990.84−8.5%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.