# FIL Ltd

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 318989. Source: https://holderbook.com/funds/318989-fil-ltd/

- Reported value: $139.3B
- Positions: 1,141
- Weight of the ten largest: 23.5%
- 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/) | $4.9B | 23,490,517 | 3.5% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $3.9B | 10,507,891 | 2.8% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $3.9B | 10,950,613 | 2.8% | 31 |
| TORONTO DOMINION BK ONT | [TD](https://holderbook.com/stocks/TD/) | $3.7B | 30,466,572 | 2.7% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $3.4B | 14,198,788 | 2.4% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $3.3B | 11,500,991 | 2.4% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $2.8B | 9,529,190 | 2.0% | 31 |
| CANADIAN NATL RY CO | [CNI](https://holderbook.com/stocks/CNI/) | $2.3B | 19,129,315 | 1.6% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.2B | 11,138,503 | 1.6% | 31 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $2.2B | 19,275,482 | 1.6% | 31 |
| BANK MONTREAL MEDIUM | [BMO](https://holderbook.com/stocks/BMO/) | $2.2B | 12,329,093 | 1.6% | 31 |
| TC ENERGY CORP | [TRP](https://holderbook.com/stocks/TRP/) | $1.8B | 27,885,160 | 1.3% | 29 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $1.8B | 21,218,898 | 1.3% | 13 |
| SUNCOR ENERGY INC NEW | [SU](https://holderbook.com/stocks/SU/) | $1.6B | 28,843,133 | 1.1% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.5B | 2,671,940 | 1.1% | 31 |
| FRANCO NEV CORP | [FNV](https://holderbook.com/stocks/FNV/) | $1.4B | 6,814,044 | 1.0% | 31 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $1.3B | 5,077,870 | 1.0% | 31 |
| TELEDYNE TECHNOLOGIES INC | [TDY](https://holderbook.com/stocks/TDY/) | $1.2B | 1,834,853 | 0.9% | 10 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $1.2B | 7,656,381 | 0.9% | 31 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $1.2B | 2,246,661 | 0.8% | 14 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $1.1B | 26,049,484 | 0.8% | 15 |
| BARRICK MNG CORP | [B](https://holderbook.com/stocks/B/) | $1.1B | 29,111,787 | 0.8% | 5 |
| BANK NOVA SCOTIA B C | [BNS](https://holderbook.com/stocks/BNS/) | $1.1B | 12,248,949 | 0.8% | 31 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $1.0B | 14,596,735 | 0.7% | 31 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $1.0B | 9,227,382 | 0.7% | 31 |
| CANADIAN IMPERIAL BANK OF CO | [CM](https://holderbook.com/stocks/CM/) | $1.0B | 8,904,437 | 0.7% | 31 |
| RB GLOBAL INC | [RBA](https://holderbook.com/stocks/RBA/) | $1.0B | 8,786,787 | 0.7% | 13 |
| FORTIS INC | [FTS](https://holderbook.com/stocks/FTS/) | $1.0B | 17,723,935 | 0.7% | 31 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $987.9M | 4,522,120 | 0.7% | 31 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $986.9M | 4,813,688 | 0.7% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $970.6M | 2,965,186 | 0.7% | 31 |
| WABTEC | [WAB](https://holderbook.com/stocks/WAB/) | $950.8M | 3,526,833 | 0.7% | 18 |
| TOTALENERGIES SE | [TTE](https://holderbook.com/stocks/TTE/) | $929.5M | 11,957,300 | 0.7% | 3 |
| CENOVUS ENERGY INC | [CVE](https://holderbook.com/stocks/CVE/) | $927.5M | 37,380,066 | 0.7% | 31 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $920.8M | 5,877,934 | 0.7% | 31 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $883.9M | 4,002,441 | 0.6% | 31 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $877.7M | 5,989,419 | 0.6% | 18 |
| CAMECO CORP | [CCJ](https://holderbook.com/stocks/CCJ/) | $859.6M | 8,433,160 | 0.6% | 14 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $840.3M | 4,492,612 | 0.6% | 2 |
| BCE INC | [BCE](https://holderbook.com/stocks/BCE/) | $832.7M | 38,658,448 | 0.6% | 31 |
| CGI INC | [GIB](https://holderbook.com/stocks/GIB/) | $799.5M | 12,369,259 | 0.6% | 30 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $783.0M | 1,524,524 | 0.6% | 31 |
| MICROCHIP TECHNOLOGY INC. | [MCHP](https://holderbook.com/stocks/MCHP/) | $772.4M | 8,469,373 | 0.6% | 10 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $750.4M | 6,388,582 | 0.5% | 31 |
| HUDBAY MINERALS INC | [HBM](https://holderbook.com/stocks/HBM/) | $668.3M | 28,303,227 | 0.5% | 4 |
| PACKAGING CORP AMER | [PKG](https://holderbook.com/stocks/PKG/) | $660.7M | 2,772,813 | 0.5% | 20 |
| TFI INTERNATIONAL INC | [TFII](https://holderbook.com/stocks/TFII/) | $659.2M | 4,579,712 | 0.5% | 25 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $653.1M | 886,861 | 0.5% | 16 |
| EMERA INC | [EMA](https://holderbook.com/stocks/EMA/) | $638.1M | 12,029,504 | 0.5% | 5 |
| ROGERS COMMUNICATIONS INC | [RCI](https://holderbook.com/stocks/RCI/) | $625.1M | 19,215,744 | 0.4% | 31 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $622.5M | 1,303,412 | 0.4% | 31 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $592.8M | 1,329,045 | 0.4% | 11 |
| WEST FRASER TIMBER CO LTD | [WFG](https://holderbook.com/stocks/WFG/) | $590.9M | 8,729,285 | 0.4% | 22 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $584.0M | 3,982,729 | 0.4% | 31 |
| IMPERIAL OIL LTD | [IMO](https://holderbook.com/stocks/IMO/) | $573.9M | 5,110,625 | 0.4% | 31 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $559.5M | 1,346,053 | 0.4% | 31 |
| NXP SEMICONDUCTORS N V | [NXPI](https://holderbook.com/stocks/NXPI/) | $555.7M | 1,977,334 | 0.4% | 31 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $552.4M | 737,601 | 0.4% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $530.5M | 1,060,115 | 0.4% | 31 |
| BOSTON SCIENTIFIC CORP | [BSX](https://holderbook.com/stocks/BSX/) | $526.3M | 12,332,054 | 0.4% | 31 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $514.7M | 5,863,669 | 0.4% | 31 |
| EXPEDITORS INTL WASH INC | [EXPD](https://holderbook.com/stocks/EXPD/) | $503.6M | 3,089,896 | 0.4% | 6 |
| ROBLOX CORP | [RBLX](https://holderbook.com/stocks/RBLX/) | $491.8M | 9,042,849 | 0.4% | 5 |
| FULL TRUCK ALLIANCE CO LTD | [YMM](https://holderbook.com/stocks/YMM/) | $491.5M | 60,524,375 | 0.4% | 21 |
| KINROSS GOLD CORP | [KGC](https://holderbook.com/stocks/KGC/) | $490.7M | 20,723,752 | 0.4% | 9 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $489.1M | 1,384,376 | 0.4% | 31 |
| PDD HOLDINGS INC | [PDD](https://holderbook.com/stocks/PDD/) | $480.0M | 6,292,692 | 0.3% | 23 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $473.2M | 8,725,419 | 0.3% | 31 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $469.4M | 1,181,792 | 0.3% | 31 |
| IAMGOLD CORP | [IAG](https://holderbook.com/stocks/IAG/) | $469.2M | 29,559,323 | 0.3% | 4 |
| SUN LIFE FINANCIAL INC. | [SLF](https://holderbook.com/stocks/SLF/) | $464.5M | 5,916,829 | 0.3% | 31 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $442.6M | 2,323,444 | 0.3% | 31 |
| MOTOROLA SOLUTIONS INC | [MSI](https://holderbook.com/stocks/MSI/) | $442.3M | 1,064,994 | 0.3% | 19 |
| HDFC BANK LTD | [HDB](https://holderbook.com/stocks/HDB/) | $433.4M | 16,777,372 | 0.3% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $428.5M | 1,134,349 | 0.3% | 20 |
| OPEN TEXT CORP | [OTEX](https://holderbook.com/stocks/OTEX/) | $423.5M | 19,135,000 | 0.3% | 18 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $412.7M | 3,316,277 | 0.3% | 31 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $411.0M | 8,647,009 | 0.3% | 25 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $408.5M | 1,371,307 | 0.3% | 21 |
| NU HLDGS LTD | [NU](https://holderbook.com/stocks/NU/) | $399.9M | 28,732,119 | 0.3% | 16 |
| WORKDAY INC | [WDAY](https://holderbook.com/stocks/WDAY/) | $397.3M | 3,245,541 | 0.3% | 31 |
| ICICI BANK LIMITED | [IBN](https://holderbook.com/stocks/IBN/) | $397.1M | 13,677,943 | 0.3% | 23 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $395.7M | 789,329 | 0.3% | 31 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $392.3M | 4,747,241 | 0.3% | 31 |
| CHART INDS INC | [GTLS](https://holderbook.com/stocks/GTLS/) | $390.1M | 1,867,223 | 0.3% | 5 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $386.7M | 5,381,783 | 0.3% | 31 |
| CHENIERE ENERGY INC | [LNG](https://holderbook.com/stocks/LNG/) | $385.3M | 1,612,151 | 0.3% | 28 |
| EXELON CORP | [EXC](https://holderbook.com/stocks/EXC/) | $383.7M | 8,230,780 | 0.3% | 7 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $375.9M | 6,523,813 | 0.3% | 31 |
| SEA LTD | [SE](https://holderbook.com/stocks/SE/) | $373.5M | 3,897,433 | 0.3% | 31 |
| COGNIZANT TECHNOLOGY SOLUTIO | [CTSH](https://holderbook.com/stocks/CTSH/) | $372.5M | 9,616,907 | 0.3% | 31 |
| MAGNA INTL INC | [MGA](https://holderbook.com/stocks/MGA/) | $368.0M | 5,596,309 | 0.3% | 28 |
| NUVALENT INC | [NUVL](https://holderbook.com/stocks/NUVL/) | $363.9M | 2,946,506 | 0.3% | 2 |
| BUNGE GLOBAL SA | [BG](https://holderbook.com/stocks/BG/) | $362.8M | 3,399,411 | 0.3% | 11 |
| WW GRAINGER INC | [GWW](https://holderbook.com/stocks/GWW/) | $355.4M | 261,263 | 0.3% | 31 |
| MONGODB INC | [MDB](https://holderbook.com/stocks/MDB/) | $355.4M | 1,057,918 | 0.3% | 6 |
| COCA-COLA EUROPACIFIC PARTNE | [CCEP](https://holderbook.com/stocks/CCEP/) | $355.3M | 3,549,828 | 0.3% | 31 |
| AUTODESK INC | [ADSK](https://holderbook.com/stocks/ADSK/) | $355.0M | 1,826,120 | 0.3% | 31 |
| JD.COM INC | [JD](https://holderbook.com/stocks/JD/) | $349.8M | 13,727,000 | 0.3% | 31 |
| SKYWORKS SOLUTIONS INC | [SWKS](https://holderbook.com/stocks/SWKS/) | $348.8M | 5,144,018 | 0.3% | 15 |

## 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 | +6.3% | +14.8% | -8.5% | 99% |
| Q1 2026 | -2.7% | -4.6% | +2.0% | 99% |
| Q4 2025 | +2.6% | +2.4% | +0.3% | 99% |
| Q3 2025 | +8.3% | +7.8% | +0.5% | 99% |
| Q2 2025 | +9.1% | +10.5% | -1.3% | 100% |
| Q1 2025 | -1.2% | -4.6% | +3.4% | 100% |
| Q4 2024 | -1.8% | +2.1% | -3.9% | 98% |
| Q3 2024 | +7.3% | +5.4% | +1.8% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $139.3B | 1,141 |
| Q1 2026 | $128.7B | 1,103 |
| Q4 2025 | $133.6B | 1,017 |
| Q3 2025 | $127.3B | 986 |
| Q2 2025 | $117.1B | 961 |
| Q1 2025 | $105.2B | 904 |
| Q4 2024 | $107.0B | 908 |
| Q3 2024 | $110.3B | 931 |
| Q2 2024 | $101.1B | 895 |
| Q1 2024 | $100.9B | 850 |
| Q4 2023 | $95.2B | 814 |
| Q3 2023 | $84.9B | 786 |