# ONTARIO TEACHERS PENSION PLAN BOARD

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 937567. Source: https://holderbook.com/funds/937567-ontario-teachers-pension-plan-board/

- Reported value: $15.8B
- Positions: 60
- Weight of the ten largest: 80.6%
- Filed: 2026-08-07

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 |
|---|---|---|---|---|---|
| SPACE EXPLORATION TECHN CORP | [SPCX](https://holderbook.com/stocks/SPCX/) | $8.7B | 50,676,250 | 54.9% | 1 |
| GFL ENVIRONMENTAL INC | [GFL](https://holderbook.com/stocks/GFL/) | $824.7M | 22,450,784 | 5.2% | 26 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $715.7M | 8,950,000 | 4.5% | 5 |
| ISHARES TR | [LQD](https://holderbook.com/stocks/LQD/) | $692.6M | 6,350,000 | 4.4% | 1 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $467.8M | 8,634,722 | 3.0% | 1 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $329.1M | 4,426,879 | 2.1% | 1 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $291.9M | 1,784,357 | 1.9% | 1 |
| TC ENERGY CORP | [TRP](https://holderbook.com/stocks/TRP/) | $273.9M | 4,140,461 | 1.7% | 1 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $239.4M | 7,488,168 | 1.5% | 1 |
| TARGA RES CORP | [TRGP](https://holderbook.com/stocks/TRGP/) | $220.1M | 820,971 | 1.4% | 1 |
| ONEOK INC NEW | [OKE](https://holderbook.com/stocks/OKE/) | $204.7M | 2,354,175 | 1.3% | 1 |
| SEMPRA | [SRE](https://holderbook.com/stocks/SRE/) | $192.4M | 2,075,296 | 1.2% | 1 |
| CHENIERE ENERGY INC | [LNG](https://holderbook.com/stocks/LNG/) | $189.9M | 794,662 | 1.2% | 1 |
| EXELON CORP | [EXC](https://holderbook.com/stocks/EXC/) | $179.6M | 3,852,951 | 1.1% | 1 |
| X-ENERGY INC | [XE](https://holderbook.com/stocks/XE/) | $155.4M | 8,464,443 | 1.0% | 1 |
| CONSOLIDATED EDISON INC | [ED](https://holderbook.com/stocks/ED/) | $153.6M | 1,388,306 | 1.0% | 4 |
| PONY AI INC | [PONY](https://holderbook.com/stocks/PONY/) | $150.4M | 21,641,766 | 1.0% | 5 |
| FERROVIAL NV | [FER](https://holderbook.com/stocks/FER/) | $147.6M | 2,154,592 | 0.9% | 1 |
| CROWN CASTLE INC | [CCI](https://holderbook.com/stocks/CCI/) | $126.3M | 1,668,256 | 0.8% | 7 |
| FORTIS INC | [FTS](https://holderbook.com/stocks/FTS/) | $114.5M | 2,001,045 | 0.7% | 1 |
| EDISON INTL | [EIX](https://holderbook.com/stocks/EIX/) | $109.6M | 1,471,725 | 0.7% | 1 |
| CENTERPOINT ENERGY INC | [CNP](https://holderbook.com/stocks/CNP/) | $106.2M | 2,410,776 | 0.7% | 3 |
| PEMBINA PIPELINE CORP | [PBA](https://holderbook.com/stocks/PBA/) | $106.0M | 2,292,937 | 0.7% | 1 |
| EVERSOURCE ENERGY | [ES](https://holderbook.com/stocks/ES/) | $103.9M | 1,437,437 | 0.7% | 4 |
| ATMOS ENERGY CORP | [ATO](https://holderbook.com/stocks/ATO/) | $101.0M | 586,175 | 0.6% | 1 |
| AMERICAN WTR WKS CO INC NEW | [AWK](https://holderbook.com/stocks/AWK/) | $93.0M | 707,069 | 0.6% | 1 |
| NISOURCE INC | [NI](https://holderbook.com/stocks/NI/) | $83.2M | 1,750,406 | 0.5% | 2 |
| CARRIER GLOBAL CORPORATION | [CARR](https://holderbook.com/stocks/CARR/) | $65.3M | 890,797 | 0.4% | 3 |
| FERRARI N V | [RACE](https://holderbook.com/stocks/RACE/) | $54.6M | 147,354 | 0.3% | 1 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $52.8M | 123,897 | 0.3% | 2 |
| SNOWFLAKE INC | [SNOW](https://holderbook.com/stocks/SNOW/) | $51.9M | 203,751 | 0.3% | 2 |
| SEABRIDGE GOLD INC | - | $45.0M | 1,747,341 | 0.3% | 1 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $43.9M | 261,638 | 0.3% | 2 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $41.8M | 36,937 | 0.3% | 1 |
| TRAEGER INC | [COOK](https://holderbook.com/stocks/COOK/) | $38.9M | 493,861 | 0.2% | 2 |
| TAKE-TWO INTERACTIVE SOFTWAR | [TTWO](https://holderbook.com/stocks/TTWO/) | $37.1M | 148,373 | 0.2% | 2 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $35.7M | 220,680 | 0.2% | 1 |
| ROSS STORES INC | [ROST](https://holderbook.com/stocks/ROST/) | $34.9M | 163,810 | 0.2% | 4 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $33.9M | 299,561 | 0.2% | 14 |
| BURLINGTON STORES INC | [BURL](https://holderbook.com/stocks/BURL/) | $33.9M | 106,954 | 0.2% | 4 |
| ROCKWELL AUTOMATION INC | [ROK](https://holderbook.com/stocks/ROK/) | $29.8M | 60,143 | 0.2% | 7 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $28.2M | 14,186 | 0.2% | 2 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $18.5M | 25,536 | 0.1% | 2 |
| BEAZER HOMES USA INC | [BZH](https://holderbook.com/stocks/BZH/) | $11.1M | 0 | 0.1% | 4 |
| VANGUARD SCOTTSDALE FDS | [VCLT](https://holderbook.com/stocks/VCLT/) | $11.0M | 145,740 | 0.1% | 1 |
| SEA LTD | - | $9.9M | 10,000,000 | 0.1% | 12 |
| AMERICAN AIRLINES GROUP INC | [AAL](https://holderbook.com/stocks/AAL/) | $6.4M | 0 | 0.0% | 4 |
| IRON MTN INC DEL | [IRM](https://holderbook.com/stocks/IRM/) | $6.1M | 0 | 0.0% | 2 |
| UBER TECHNOLOGIES INC | - | $6.0M | 5,000,000 | 0.0% | 4 |
| UBER TECHNOLOGIES INC | - | $5.8M | 5,000,000 | 0.0% | 1 |
| SNAP INC | - | $5.7M | 6,000,000 | 0.0% | 16 |
| MERITAGE HOMES CORP | - | $5.2M | 5,000,000 | 0.0% | 1 |
| DROPBOX INC | - | $5.1M | 5,000,000 | 0.0% | 4 |
| KB HOME | [KBH](https://holderbook.com/stocks/KBH/) | $4.8M | 0 | 0.0% | 3 |
| POST HLDGS INC | [POST](https://holderbook.com/stocks/POST/) | $4.7M | 0 | 0.0% | 4 |
| SPECTRUM BRANDS INC | - | $4.1M | 4,000,000 | 0.0% | 5 |
| SNAP INC | - | $3.7M | 4,000,000 | 0.0% | 14 |
| AFFIRM HLDGS INC | - | $2.9M | 2,500,000 | 0.0% | 3 |
| UNITY SOFTWARE INC | - | $2.5M | 2,500,000 | 0.0% | 14 |
| CABLE ONE INC | - | $776.9K | 1,250,000 | 0.0% | 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 | +2.8% | +14.8% | -12.0% | 97% |
| Q1 2026 | -5.5% | -4.6% | -0.9% | 95% |
| Q4 2025 | -1.0% | +2.4% | -3.4% | 96% |
| Q3 2025 | +1.9% | +7.8% | -5.9% | 97% |
| Q2 2025 | +8.7% | +10.5% | -1.8% | 98% |
| Q1 2025 | -0.8% | -4.6% | +3.8% | 97% |
| Q4 2024 | +1.2% | +2.1% | -1.0% | 99% |
| Q3 2024 | +5.8% | +5.4% | +0.3% | 98% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $15.8B | 60 |
| Q1 2026 | $3.5B | 161 |
| Q4 2025 | $4.5B | 167 |
| Q3 2025 | $4.3B | 176 |
| Q2 2025 | $4.8B | 306 |
| Q1 2025 | $6.5B | 412 |
| Q4 2024 | $8.0B | 424 |
| Q3 2024 | $11.8B | 421 |
| Q2 2024 | $10.9B | 450 |
| Q1 2024 | $11.5B | 477 |
| Q4 2023 | $10.1B | 492 |
| Q3 2023 | $9.2B | 496 |