# Federation des caisses Desjardins du Quebec

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2022297. Source: https://holderbook.com/funds/2022297-federation-des-caisses-desjardins-du-quebec/

- Reported value: $32.7B
- Positions: 3,021
- Weight of the ten largest: 28.9%
- Filed: 2026-08-14

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/) | $2.7B | 13,071,369 | 8.2% | 38 |
| TORONTO DOMINION BK ONT | [TD](https://holderbook.com/stocks/TD/) | $1.2B | 10,284,968 | 3.8% | 38 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $847.4M | 4,235,158 | 2.6% | 38 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $819.8M | 2,833,399 | 2.5% | 38 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $746.2M | 2,000,430 | 2.3% | 38 |
| BANK NOVA SCOTIA B C | [BNS](https://holderbook.com/stocks/BNS/) | $657.1M | 7,585,057 | 2.0% | 38 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $640.9M | 1,793,341 | 2.0% | 38 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $616.2M | 2,585,411 | 1.9% | 38 |
| BANK MONTREAL MEDIUM | [BMO](https://holderbook.com/stocks/BMO/) | $593.7M | 3,374,200 | 1.8% | 38 |
| SUNCOR ENERGY INC NEW | [SU](https://holderbook.com/stocks/SU/) | $591.0M | 11,028,170 | 1.8% | 38 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $546.6M | 12,858,377 | 1.7% | 15 |
| TC ENERGY CORP | [TRP](https://holderbook.com/stocks/TRP/) | $489.8M | 7,419,209 | 1.5% | 29 |
| MANULIFE FINL CORP | [MFC](https://holderbook.com/stocks/MFC/) | $479.2M | 11,868,564 | 1.5% | 38 |
| CANADIAN NATL RY CO | [CNI](https://holderbook.com/stocks/CNI/) | $462.6M | 3,891,768 | 1.4% | 38 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $458.2M | 8,470,608 | 1.4% | 38 |
| SPROTT ASSET MANAGEMENT LP | [PSLV](https://holderbook.com/stocks/PSLV/) | $427.6M | 22,711,159 | 1.3% | 38 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $424.6M | 4,924,762 | 1.3% | 13 |
| SUN LIFE FINANCIAL INC. | [SLF](https://holderbook.com/stocks/SLF/) | $415.6M | 5,324,854 | 1.3% | 38 |
| CANADIAN IMPERIAL BANK OF CO | [CM](https://holderbook.com/stocks/CM/) | $405.2M | 3,536,266 | 1.2% | 38 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $395.0M | 3,469,946 | 1.2% | 38 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $393.1M | 1,112,540 | 1.2% | 38 |
| CGI INC | [GIB](https://holderbook.com/stocks/GIB/) | $316.0M | 4,950,938 | 1.0% | 30 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $294.2M | 778,911 | 0.9% | 33 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $280.5M | 560,539 | 0.9% | 38 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $267.8M | 818,145 | 0.8% | 38 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $262.9M | 1,035,263 | 0.8% | 37 |
| TFI INTERNATIONAL INC | [TFII](https://holderbook.com/stocks/TFII/) | $262.5M | 1,845,849 | 0.8% | 26 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $233.0M | 413,645 | 0.7% | 38 |
| BCE INC | [BCE](https://holderbook.com/stocks/BCE/) | $231.3M | 10,758,101 | 0.7% | 38 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $224.9M | 655,623 | 0.7% | 38 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $223.5M | 298,406 | 0.7% | 38 |
| FORTIS INC | [FTS](https://holderbook.com/stocks/FTS/) | $219.0M | 3,832,900 | 0.7% | 38 |
| NUTRIEN LTD | [NTR](https://holderbook.com/stocks/NTR/) | $215.4M | 3,439,637 | 0.7% | 34 |
| TELUS CORPORATION | [TU](https://holderbook.com/stocks/TU/) | $208.8M | 19,779,069 | 0.6% | 38 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $200.0M | 291,353 | 0.6% | 38 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $190.6M | 328,183 | 0.6% | 38 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $183.9M | 1,623,464 | 0.6% | 38 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $183.6M | 159,109 | 0.6% | 37 |
| BARRICK MNG CORP | [B](https://holderbook.com/stocks/B/) | $182.1M | 4,970,758 | 0.6% | 5 |
| ISHARES INC | [URTH](https://holderbook.com/stocks/URTH/) | $181.3M | 894,655 | 0.6% | 37 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $179.9M | 1,610,425 | 0.5% | 37 |
| SPROTT ASSET MANAGEMENT LP | [PHYS](https://holderbook.com/stocks/PHYS/) | $177.2M | 5,889,428 | 0.5% | 38 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $172.9M | 416,065 | 0.5% | 38 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $171.7M | 396,240 | 0.5% | 7 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $162.3M | 135,322 | 0.5% | 38 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $148.3M | 310,466 | 0.5% | 38 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $147.3M | 2,584,359 | 0.4% | 38 |
| MAGNA INTL INC | [MGA](https://holderbook.com/stocks/MGA/) | $135.5M | 2,068,311 | 0.4% | 37 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $134.8M | 262,412 | 0.4% | 38 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $129.1M | 306,844 | 0.4% | 38 |
| CENOVUS ENERGY INC | [CVE](https://holderbook.com/stocks/CVE/) | $128.9M | 5,220,777 | 0.4% | 38 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $120.0M | 351,971 | 0.4% | 38 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $119.9M | 1,447,137 | 0.4% | 38 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $118.3M | 160,689 | 0.4% | 33 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $117.9M | 762,524 | 0.4% | 38 |
| MDA SPACE LTD | [MDA](https://holderbook.com/stocks/MDA/) | $116.2M | 2,818,019 | 0.4% | 2 |
| CANADIAN NAT RES LTD MED TER | [CNQ](https://holderbook.com/stocks/CNQ/) | $112.1M | 2,837,467 | 0.3% | 38 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $110.3M | 117,930 | 0.3% | 38 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $99.2M | 1,389,538 | 0.3% | 38 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $89.8M | 84,327 | 0.3% | 38 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $87.9M | 628,182 | 0.3% | 38 |
| CAMECO CORP | [CCJ](https://holderbook.com/stocks/CCJ/) | $84.6M | 832,534 | 0.3% | 38 |
| GILDAN ACTIVEWEAR INC | [GIL](https://holderbook.com/stocks/GIL/) | $84.4M | 1,648,371 | 0.3% | 38 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $83.2M | 803,855 | 0.3% | 38 |
| ISHARES TR | [ACWI](https://holderbook.com/stocks/ACWI/) | $82.6M | 525,899 | 0.3% | 37 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $82.5M | 114,072 | 0.3% | 38 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $82.2M | 3,414,310 | 0.3% | 38 |
| CAE INC | [CAE](https://holderbook.com/stocks/CAE/) | $78.4M | 3,145,880 | 0.2% | 38 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $73.6M | 98,500 | 0.2% | 38 |
| WASTE CONNECTIONS INC | [WCN](https://holderbook.com/stocks/WCN/) | $72.0M | 434,987 | 0.2% | 38 |
| ROGERS COMMUNICATIONS INC | [RCI](https://holderbook.com/stocks/RCI/) | $69.8M | 2,155,563 | 0.2% | 38 |
| TECK RESOURCES LTD | [TECK](https://holderbook.com/stocks/TECK/) | $69.3M | 1,168,149 | 0.2% | 38 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $69.0M | 477,467 | 0.2% | 38 |
| HOWMET AEROSPACE INC | [HWM](https://holderbook.com/stocks/HWM/) | $68.3M | 254,173 | 0.2% | 25 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $67.9M | 578,383 | 0.2% | 38 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $67.5M | 743,709 | 0.2% | 38 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $66.1M | 514,231 | 0.2% | 38 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $64.5M | 213,781 | 0.2% | 37 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $62.2M | 424,233 | 0.2% | 38 |
| PEMBINA PIPELINE CORP | [PBA](https://holderbook.com/stocks/PBA/) | $62.2M | 1,347,712 | 0.2% | 38 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $61.8M | 144,941 | 0.2% | 38 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $61.8M | 182,586 | 0.2% | 38 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $61.6M | 164,807 | 0.2% | 20 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $61.4M | 174,239 | 0.2% | 38 |
| RB GLOBAL INC | [RBA](https://holderbook.com/stocks/RBA/) | $60.9M | 527,140 | 0.2% | 13 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $60.4M | 486,452 | 0.2% | 18 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $60.4M | 432,322 | 0.2% | 38 |
| FRANCO NEV CORP | [FNV](https://holderbook.com/stocks/FNV/) | $60.1M | 290,262 | 0.2% | 38 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $59.5M | 720,549 | 0.2% | 38 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $58.8M | 51,873 | 0.2% | 38 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $58.3M | 77,201 | 0.2% | 37 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $57.6M | 302,373 | 0.2% | 38 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $56.1M | 88,473 | 0.2% | 38 |
| J P MORGAN EXCHANGE TRADED F | [JQUA](https://holderbook.com/stocks/JQUA/) | $56.0M | 774,472 | 0.2% | 12 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $55.8M | 597,625 | 0.2% | 37 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $55.3M | 405,671 | 0.2% | 38 |
| ELEVANCE HEALTH INC FORMERLY | [ELV](https://holderbook.com/stocks/ELV/) | $55.1M | 142,518 | 0.2% | 38 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $54.5M | 670,461 | 0.2% | 38 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $54.2M | 254,958 | 0.2% | 33 |
| ISHARES TR | [ACWX](https://holderbook.com/stocks/ACWX/) | $54.1M | 711,356 | 0.2% | 37 |

## 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 | +10.4% | +14.8% | -4.4% | 100% |
| Q1 2026 | -1.5% | -4.6% | +3.1% | 100% |
| Q4 2025 | +5.0% | +2.4% | +2.6% | 100% |
| Q3 2025 | +7.7% | +7.8% | -0.2% | 100% |
| Q2 2025 | +10.8% | +10.5% | +0.4% | 100% |
| Q1 2025 | -2.5% | -4.6% | +2.0% | 100% |
| Q4 2024 | -2.0% | +2.1% | -4.1% | 100% |
| Q3 2024 | +8.3% | +5.4% | +2.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $32.7B | 3,021 |
| Q1 2026 | $27.8B | 2,962 |
| Q4 2025 | $26.2B | 2,882 |
| Q3 2025 | $25.4B | 2,877 |
| Q2 2025 | $22.8B | 2,726 |
| Q1 2025 | $20.2B | 2,659 |
| Q4 2024 | $19.6B | 2,554 |
| Q3 2024 | $20.2B | 2,560 |
| Q2 2024 | $18.6B | 2,393 |
| Q1 2024 | $13.8B | 2,407 |
| Q4 2023 | $10.7B | 2,373 |
| Q3 2023 | $9.7B | 2,397 |