# Connor, Clark & Lunn Investment Management Ltd.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1596800. Source: https://holderbook.com/funds/1596800-connor-clark-lunn-investment-management-ltd/

- Reported value: $52.8B
- Positions: 1,622
- Weight of the ten largest: 21.8%
- Filed: 2026-08-13

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ROYAL BK CDA | [RY](https://holderbook.com/stocks/RY/) | $2.3B | 10,928,916 | 4.3% | 31 |
| TORONTO DOMINION BK ONT | [TD](https://holderbook.com/stocks/TD/) | $1.4B | 11,854,139 | 2.7% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.2B | 5,893,585 | 2.2% | 31 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $1.1B | 20,624,547 | 2.1% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.1B | 3,675,441 | 2.0% | 31 |
| TC ENERGY CORP | [TRP](https://holderbook.com/stocks/TRP/) | $978.0M | 14,781,669 | 1.9% | 29 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $927.6M | 5,995,364 | 1.8% | 31 |
| CANADIAN IMPERIAL BANK OF CO | [CM](https://holderbook.com/stocks/CM/) | $916.8M | 7,969,186 | 1.7% | 31 |
| SUNCOR ENERGY INC NEW | [SU](https://holderbook.com/stocks/SU/) | $816.6M | 15,195,542 | 1.5% | 31 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $803.0M | 9,270,972 | 1.5% | 13 |
| INVESCO EXCH TRADED FD TR II | [PBUS](https://holderbook.com/stocks/PBUS/) | $720.3M | 9,625,100 | 1.4% | 7 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $712.6M | 2,989,642 | 1.3% | 31 |
| BANK MONTREAL MEDIUM | [BMO](https://holderbook.com/stocks/BMO/) | $677.1M | 3,839,476 | 1.3% | 31 |
| CANADIAN NATL RY CO | [CNI](https://holderbook.com/stocks/CNI/) | $676.4M | 5,674,241 | 1.3% | 31 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $675.0M | 5,906,160 | 1.3% | 31 |
| CELESTICA INC | [CLS](https://holderbook.com/stocks/CLS/) | $674.2M | 1,846,032 | 1.3% | 9 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $635.7M | 1,704,284 | 1.2% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $579.3M | 1,533,500 | 1.1% | 14 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $571.4M | 1,598,941 | 1.1% | 31 |
| BANK NOVA SCOTIA B C | [BNS](https://holderbook.com/stocks/BNS/) | $567.3M | 6,543,050 | 1.1% | 31 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $559.4M | 1,171,436 | 1.1% | 31 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $547.7M | 275,301 | 1.0% | 15 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $499.5M | 432,744 | 0.9% | 4 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $482.1M | 1,364,312 | 0.9% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $426.5M | 734,227 | 0.8% | 6 |
| WASTE CONNECTIONS INC | [WCN](https://holderbook.com/stocks/WCN/) | $414.5M | 2,488,903 | 0.8% | 31 |
| CENOVUS ENERGY INC | [CVE](https://holderbook.com/stocks/CVE/) | $355.8M | 14,283,683 | 0.7% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $353.4M | 1,030,032 | 0.7% | 31 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $335.6M | 774,460 | 0.6% | 4 |
| ENERFLEX LTD | [EFXT](https://holderbook.com/stocks/EFXT/) | $330.5M | 13,471,786 | 0.6% | 7 |
| MDA SPACE LTD | [MDA](https://holderbook.com/stocks/MDA/) | $318.6M | 7,726,685 | 0.6% | 2 |
| FORTIS INC | [FTS](https://holderbook.com/stocks/FTS/) | $311.1M | 5,436,620 | 0.6% | 31 |
| CAMECO CORP | [CCJ](https://holderbook.com/stocks/CCJ/) | $302.0M | 2,965,721 | 0.6% | 31 |
| BARRICK MNG CORP | [B](https://holderbook.com/stocks/B/) | $279.8M | 7,615,894 | 0.5% | 5 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $266.6M | 986,141 | 0.5% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $265.3M | 530,225 | 0.5% | 31 |
| KINROSS GOLD CORP | [KGC](https://holderbook.com/stocks/KGC/) | $264.7M | 11,188,912 | 0.5% | 31 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $262.5M | 965,121 | 0.5% | 6 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $257.5M | 501,306 | 0.5% | 31 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $247.4M | 2,681,578 | 0.5% | 10 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $243.2M | 431,735 | 0.5% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $239.7M | 1,446,112 | 0.5% | 5 |
| ANHEUSER BUSCH INBEV SA/NV | [BUD](https://holderbook.com/stocks/BUD/) | $236.2M | 2,866,192 | 0.4% | 3 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $233.4M | 2,534,581 | 0.4% | 7 |
| MANULIFE FINL CORP | [MFC](https://holderbook.com/stocks/MFC/) | $230.5M | 5,687,844 | 0.4% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $229.8M | 702,078 | 0.4% | 31 |
| HDFC BANK LTD | [HDB](https://holderbook.com/stocks/HDB/) | $228.7M | 8,854,839 | 0.4% | 24 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $220.2M | 523,630 | 0.4% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $208.0M | 173,392 | 0.4% | 25 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $206.7M | 1,118,392 | 0.4% | 2 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $206.0M | 4,832,734 | 0.4% | 15 |
| AMERIPRISE FINL INC | [AMP](https://holderbook.com/stocks/AMP/) | $203.5M | 443,609 | 0.4% | 6 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $201.9M | 452,624 | 0.4% | 3 |
| BAYTEX ENERGY CORP | [BTE](https://holderbook.com/stocks/BTE/) | $197.1M | 49,180,551 | 0.4% | 4 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $189.1M | 751,485 | 0.4% | 25 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $189.1M | 1,682,571 | 0.4% | 31 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $187.6M | 260,529 | 0.4% | 7 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $184.8M | 191,509 | 0.4% | 5 |
| TECK RESOURCES LTD | [TECK](https://holderbook.com/stocks/TECK/) | $183.9M | 3,090,354 | 0.3% | 31 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $181.1M | 836,569 | 0.3% | 4 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $180.6M | 3,169,459 | 0.3% | 10 |
| CANADIAN NAT RES LTD MED TER | [CNQ](https://holderbook.com/stocks/CNQ/) | $180.5M | 4,567,458 | 0.3% | 31 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $176.3M | 5,513,189 | 0.3% | 10 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $174.8M | 586,335 | 0.3% | 4 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $172.2M | 269,532 | 0.3% | 3 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $171.0M | 818,069 | 0.3% | 22 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $169.6M | 181,256 | 0.3% | 11 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $168.5M | 888,053 | 0.3% | 4 |
| UNILEVER PLC | [UL](https://holderbook.com/stocks/UL/) | $165.4M | 2,751,880 | 0.3% | 3 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $165.4M | 749,964 | 0.3% | 21 |
| BROOKFIELD RENEWABLE ENERGY | [BEP](https://holderbook.com/stocks/BEP/) | $162.9M | 4,706,519 | 0.3% | 30 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $161.2M | 573,368 | 0.3% | 14 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $160.8M | 480,127 | 0.3% | 7 |
| IAMGOLD CORP | [IAG](https://holderbook.com/stocks/IAG/) | $158.9M | 10,042,436 | 0.3% | 19 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $154.5M | 3,250,355 | 0.3% | 3 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $153.3M | 1,855,506 | 0.3% | 5 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $153.2M | 452,876 | 0.3% | 6 |
| RB GLOBAL INC | [RBA](https://holderbook.com/stocks/RBA/) | $153.0M | 1,315,495 | 0.3% | 13 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $151.6M | 292,185 | 0.3% | 8 |
| BRITISH AMERN TOB PLC | [BTI](https://holderbook.com/stocks/BTI/) | $149.1M | 2,414,293 | 0.3% | 4 |
| BROOKFIELD INFRASTRUCTURE PA | [BIP](https://holderbook.com/stocks/BIP/) | $148.8M | 4,077,153 | 0.3% | 31 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $147.2M | 866,305 | 0.3% | 7 |
| GSK PLC | [GSK](https://holderbook.com/stocks/GSK/) | $145.1M | 2,767,591 | 0.3% | 9 |
| RESTAURANT BRANDS INTL INC | [QSR](https://holderbook.com/stocks/QSR/) | $143.3M | 1,977,662 | 0.3% | 31 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $141.0M | 3,033,651 | 0.3% | 2 |
| BAKER HUGHES COMPANY | [BKR](https://holderbook.com/stocks/BKR/) | $139.0M | 2,504,571 | 0.3% | 3 |
| TFI INTERNATIONAL INC | [TFII](https://holderbook.com/stocks/TFII/) | $136.7M | 950,314 | 0.3% | 5 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $136.1M | 898,390 | 0.3% | 6 |
| SPROTT INC | [SII](https://holderbook.com/stocks/SII/) | $135.9M | 1,203,583 | 0.3% | 6 |
| GALLAGHER ARTHUR J & CO | [AJG](https://holderbook.com/stocks/AJG/) | $132.9M | 579,093 | 0.3% | 4 |
| FRANCO NEV CORP | [FNV](https://holderbook.com/stocks/FNV/) | $131.8M | 632,473 | 0.2% | 31 |
| PAN AMERN SILVER CORP | [PAAS](https://holderbook.com/stocks/PAAS/) | $130.6M | 2,916,962 | 0.2% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $124.9M | 1,063,689 | 0.2% | 31 |
| IMPERIAL OIL LTD | [IMO](https://holderbook.com/stocks/IMO/) | $122.2M | 1,089,379 | 0.2% | 31 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $121.9M | 293,392 | 0.2% | 31 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $121.0M | 1,169,603 | 0.2% | 3 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $120.5M | 1,916,291 | 0.2% | 12 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $120.0M | 124,782 | 0.2% | 7 |
| AMERICAN AIRLINES GROUP INC | [AAL](https://holderbook.com/stocks/AAL/) | $119.6M | 6,620,243 | 0.2% | 3 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $119.0M | 233,616 | 0.2% | 7 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +11.5% | +14.8% | -3.4% | 100% |
| Q1 2026 | +0.9% | -4.6% | +5.6% | 100% |
| Q4 2025 | +5.3% | +2.4% | +2.9% | 100% |
| Q3 2025 | +10.8% | +7.8% | +2.9% | 100% |
| Q2 2025 | +12.3% | +10.5% | +1.8% | 100% |
| Q1 2025 | -1.8% | -4.6% | +2.8% | 100% |
| Q4 2024 | -0.4% | +2.1% | -2.5% | 99% |
| Q3 2024 | +8.0% | +5.4% | +2.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $52.8B | 1,622 |
| Q1 2026 | $43.4B | 1,526 |
| Q4 2025 | $38.1B | 1,508 |
| Q3 2025 | $31.7B | 1,475 |
| Q2 2025 | $28.4B | 1,486 |
| Q1 2025 | $22.9B | 1,383 |
| Q4 2024 | $22.1B | 1,386 |
| Q3 2024 | $20.6B | 1,399 |
| Q2 2024 | $23.8B | 1,344 |
| Q1 2024 | $23.2B | 1,500 |
| Q4 2023 | $21.5B | 1,351 |
| Q3 2023 | $19.1B | 1,334 |