Alberta Investment Management

EDMONTON, A0files as Alberta Investment Management Corp

$15.7bn in 624 US stocks at the end of 30 June 2026. The top 10 are 54.5% of the money. It changed about 19.9% of the portfolio this quarter.

Value

$15.7bn

Stocks

624

Top 10 share

54.5%

Turnover

19.9%

What changed this quarter

New

Bought for the first time this quarter.

VisaV
1.0% of the fund
Micron TechnologyMU
0.7% of the fund
NvidiaNVDA
0.6% of the fund
Bank of AmericaBAC
0.5% of the fund
IrenIREN
0.5% of the fund
MicrosoftMSFT
0.5% of the fund
Ryan Specialty HoldingsRYAN
0.3% of the fund
Thomson Reuters Corp /canTRI
0.2% of the fund
Microchip TechnologyMCHP
0.2% of the fund
Blackstone Digital Infrastructure TrustBXDC
0.2% of the fund
BroadcomAVGO
0.2% of the fund
Synchrony FinancialSYF
0.2% of the fund
ON SemiconductorON
0.2% of the fund
Zimmer Biomet HoldingsZBH
0.2% of the fund
GMR SolutionsGMRS
0.1% of the fund
Kimco RealtyKIM
0.1% of the fund
Churchill CAP Corp XIICXIIU
0.1% of the fund
General Catalyst GBL Resil MGCGRU
0.1% of the fund
Advanced Energy IndustriesAEIS
0.1% of the fund
Gores Holdings XIGHXIU
0.1% of the fund
Hancock WhitneyHWC
0.1% of the fund
Chime FinancialCHYM
0.1% of the fund
UnitedHealth GroupUNH
0.1% of the fund
Mountain Lake Acquisition Corp. IIMLAA
0.1% of the fund
Ameriprise FinancialAMP
0.1% of the fund

Added

Bought more of a stock they already held.

Vanguard Index FDSVOO
17.0% of the fund
+16%
State STR Spdr S&P 500 ETF TSPY
2.0% of the fund
+5%
BrookfieldBN
1.1% of the fund
+14%
ShopifySHOP
0.9% of the fund
+37%
Barrick MiningB
0.8% of the fund
+669%
Canadian Pacific Kansas CityCP
0.7% of the fund
+16%
Sun Life FinancialSLF
0.6% of the fund
+30%
GpgiGPGI
0.6% of the fund
+4%
FreshpetFRPT
0.5% of the fund
+45%
JBSJBS
0.4% of the fund
+18%
KenvueKVUE
0.3% of the fund
+4%
Donnelley Financial SolutionsDFIN
0.3% of the fund
+23%
ATS Corp /ATSATS
0.2% of the fund
+25%
MedlineMDLN
0.2% of the fund
+110%
Norfolk SouthernNSC
0.2% of the fund
+210%
CelesticaCLS
0.1% of the fund
+31%
FortisFTS
0.1% of the fund
+203%
Axcelis TechnologiesACLS
0.1% of the fund
+200%
Kinross GoldKGC
0.1% of the fund
+156%
Lamb Weston HoldingsLW
0.1% of the fund
+7%
Liberty BroadbandLBRDK
<0.1% of the fund
+56%
DigitalBridge GroupDBRG
<0.1% of the fund
+75%
AmrizeAMRZ
<0.1% of the fund
+86%
Waste ConnectionsWCN
<0.1% of the fund
+12%
International Money ExpressIMXI
<0.1% of the fund
+26%

Cut

Sold some of their stake.

Ishares TRIVV
25.3% of the fund
-9%
Toronto Dominion BankTD
2.7% of the fund
-18%
Royal Bank of CanadaRY
2.1% of the fund
-29%
Bank of Nova ScotiaBNS
1.1% of the fund
-55%
Agnico Eagle MinesAEM
1.1% of the fund
-2%
TC EnergyTRP
1.1% of the fund
-34%
Suncor EnergySU
1.0% of the fund
-17%
Cenovus EnergyCVE
0.9% of the fund
-37%
Bank of Montreal /canBMO
0.9% of the fund
-4%
Canadian Natural ResourcesCNQ
0.7% of the fund
-70%
Manulife FinancialMFC
0.6% of the fund
-2%
Canadian Imperial Bank of Commerce /canCM
0.6% of the fund
-63%
AlphabetGOOGL
0.6% of the fund
-9%
VestisVSTS
0.5% of the fund
-34%
American ExpressAXP
0.5% of the fund
-4%
MSC Industrial DirectMSM
0.4% of the fund
-5%
SLB LimitedSLB
0.3% of the fund
-5%
Yum China HoldingsYUMC
0.3% of the fund
-5%
Teck ResourcesTECK
0.3% of the fund
-2%
Liberty Live HoldingsLLYVA
0.3% of the fund
-21%
Spectrum Brands HoldingsSPB
0.3% of the fund
-11%
Txnm EnergyTXNM
0.3% of the fund
-11%
Webster FinancialWBS
0.3% of the fund
-21%
Gildan ActivewearGIL
0.3% of the fund
-19%
NutrienNTR
0.3% of the fund
-25%

Sold out

Sold their entire stake.

StrategyMSTR
-100%
Sealed Air Corp New
-100%
Hologic
-100%
Kennedy-Wilson Holdings
-100%
Air Lease
-100%
Willis Towers WatsonWTW
-100%
Voyager Acquisition
-100%
Amicus Therapeutics
-100%
Circle Internet GroupCRCL
-100%
Mountain Lake AcquisitMLAAU
-100%
Howmet AerospaceHWM
-100%
Bain CAP GSS InvtBCSS-U
-100%
Onestream
-100%
Vertiv HoldingsVRT
-100%
Royal Caribbean CruisesRCL
-100%
C. H. Robinson WorldwideCHRW
-100%
Suma AcquisitionSUMAU
-100%
Praetorian AcquisitionPTORU
-100%
Brookfield Wealth SolutionsBNT
-100%
Clearwater Analytics Hldgs I
-100%
Talon CAPTLNCU
-100%
Apex TreasAPXTU
-100%
Vine Hill CAP InvtVCICU
-100%
Mountain Lake Acquisition
-100%
HCM IV AcquisitionHACQU
-100%

Holdings

Ishares TRIVV
Share
25.3%
Value
$4.0bn
Shares
5,291,151
-9%
Vanguard Index FDSVOO
Share
17.0%
Value
$2.7bn
Shares
3,880,748
+16%
Toronto Dominion BankTD
Share
2.7%
Value
$418m
Shares
3,445,718
-18%
Royal Bank of CanadaRY
Share
2.1%
Value
$324m
Shares
1,565,659
-29%
State STR Spdr S&P 500 ETF TSPY
Share
2.0%
Value
$312m
Shares
417,745
+5%
BrookfieldBN
Share
1.1%
Value
$179m
Shares
4,196,146
+14%
Bank of Nova ScotiaBNS
Share
1.1%
Value
$177m
Shares
2,040,686
-55%
Agnico Eagle MinesAEM
Share
1.1%
Value
$175m
Shares
1,129,982
-2%
TC EnergyTRP
Share
1.1%
Value
$175m
Shares
2,639,307
-34%
Suncor EnergySU
Share
1.0%
Value
$163m
Shares
3,040,030
-17%
VisaV
Share
1.0%
Value
$162m
Shares
473,000
New
ShopifySHOP
Share
0.9%
Value
$146m
Shares
1,274,813
+37%
Cenovus EnergyCVE
Share
0.9%
Value
$144m
Shares
5,798,511
-37%
Bank of Montreal /canBMO
Share
0.9%
Value
$143m
Shares
810,135
-4%
Barrick MiningB
Share
0.8%
Value
$127m
Shares
3,453,562
+669%
Canadian Pacific Kansas CityCP
Share
0.7%
Value
$117m
Shares
1,350,112
+16%
Micron TechnologyMU
Share
0.7%
Value
$115m
Shares
100,000
New
Canadian Natural ResourcesCNQ
Share
0.7%
Value
$107m
Shares
2,701,258
-70%
Sun Life FinancialSLF
Share
0.6%
Value
$100m
Shares
1,274,072
+30%
NvidiaNVDA
Share
0.6%
Value
$95m
Shares
474,600
New
Manulife FinancialMFC
Share
0.6%
Value
$92m
Shares
2,269,629
-2%
Canadian Imperial Bank of Commerce /canCM
Share
0.6%
Value
$92m
Shares
799,146
-63%
Canadian National RailwayCNI
Share
0.6%
Value
$90m
Shares
750,814
Held
Smurfit WestrockSW
Share
0.6%
Value
$89m
Shares
1,930,917
Held
GpgiGPGI
Share
0.6%
Value
$89m
Shares
5,605,406
+4%
AlphabetGOOGL
Share
0.6%
Value
$88m
Shares
245,000
-9%
FreshpetFRPT
Share
0.5%
Value
$85m
Shares
1,442,067
+45%
Bank of AmericaBAC
Share
0.5%
Value
$84m
Shares
1,477,300
New
IrenIREN
Share
0.5%
Value
$80m
Shares
1,748,100
New
VestisVSTS
Share
0.5%
Value
$80m
Shares
5,500,000
-34%
American ExpressAXP
Share
0.5%
Value
$78m
Shares
230,000
-4%
First Citizens BancsharesFCNCA
Share
0.5%
Value
$75m
Shares
36,176
Held
MicrosoftMSFT
Share
0.5%
Value
$75m
Shares
200,000
New
JBSJBS
Share
0.4%
Value
$70m
Shares
5,904,800
+18%
MSC Industrial DirectMSM
Share
0.4%
Value
$68m
Shares
570,000
-5%
Restaurant Brands InternationalQSR
Share
0.4%
Value
$63m
Shares
869,121
Held
Cullen/frost BankersCFR
Share
0.4%
Value
$62m
Shares
400,000
Held
EnbridgeENB
Share
0.4%
Value
$57m
Shares
1,055,134
Held
Gilead SciencesGILD
Share
0.4%
Value
$56m
Shares
442,000
Held
Ryan Specialty HoldingsRYAN
Share
0.3%
Value
$54m
Shares
1,421,400
New
SLB LimitedSLB
Share
0.3%
Value
$53m
Shares
1,150,000
-5%
Anheuser-Busch InBev SABUD
Share
0.3%
Value
$53m
Shares
645,100
Held
Yum China HoldingsYUMC
Share
0.3%
Value
$53m
Shares
1,300,000
-5%
Teck ResourcesTECK
Share
0.3%
Value
$52m
Shares
882,040
-2%
Meta PlatformsMETA
Share
0.3%
Value
$52m
Shares
92,000
Held
Estee Lauder CompaniesEL
Share
0.3%
Value
$50m
Shares
630,000
Held
Axis Capital HoldingsAXS
Share
0.3%
Value
$48m
Shares
450,000
Held
Liberty Live HoldingsLLYVA
Share
0.3%
Value
$48m
Shares
471,258
-21%
Spectrum Brands HoldingsSPB
Share
0.3%
Value
$46m
Shares
540,556
-11%
Txnm EnergyTXNM
Share
0.3%
Value
$45m
Shares
791,387
-11%
KenvueKVUE
Share
0.3%
Value
$45m
Shares
2,332,279
+4%
Donnelley Financial SolutionsDFIN
Share
0.3%
Value
$44m
Shares
1,052,611
+23%
Webster FinancialWBS
Share
0.3%
Value
$42m
Shares
550,000
-21%
Gildan ActivewearGIL
Share
0.3%
Value
$42m
Shares
808,161
-19%
NutrienNTR
Share
0.3%
Value
$40m
Shares
639,061
-25%
Sony GroupSONY
Share
0.3%
Value
$40m
Shares
1,993,000
Held
CGIGIB
Share
0.3%
Value
$39m
Shares
610,326
-3%
Thomson Reuters Corp /canTRI
Share
0.2%
Value
$39m
Shares
474,751
New
Gen DigitalGEN
Share
0.2%
Value
$39m
Shares
1,550,000
-13%
CenteneCNC
Share
0.2%
Value
$39m
Shares
600,000
-44%
StantecSTN
Share
0.2%
Value
$36m
Shares
526,991
-21%
Microchip TechnologyMCHP
Share
0.2%
Value
$35m
Shares
388,300
New
ATS Corp /ATSATS
Share
0.2%
Value
$34m
Shares
1,177,491
+25%
ManpowerGroupMAN
Share
0.2%
Value
$34m
Shares
998,000
-21%
Blackstone Digital Infrastructure TrustBXDC
Share
0.2%
Value
$32m
Shares
1,494,981
New
MedlineMDLN
Share
0.2%
Value
$32m
Shares
818,000
+110%
Ishares TRMCHI
Share
0.2%
Value
$32m
Shares
619,690
-50%
Norfolk SouthernNSC
Share
0.2%
Value
$29m
Shares
93,000
+210%
BroadcomAVGO
Share
0.2%
Value
$29m
Shares
76,200
New
Tamboran ResourcesTBN
Share
0.2%
Value
$28m
Shares
858,680
Held
Synchrony FinancialSYF
Share
0.2%
Value
$27m
Shares
355,100
New
Velos Acquisition IVLOS
Share
0.2%
Value
$27m
Shares
2,475,000
Held
Electronic ArtsEA
Share
0.2%
Value
$27m
Shares
130,000
-19%
ON SemiconductorON
Share
0.2%
Value
$27m
Shares
281,700
New
Zimmer Biomet HoldingsZBH
Share
0.2%
Value
$26m
Shares
297,894
New
LearLEA
Share
0.2%
Value
$25m
Shares
190,000
-47%
Wheaton Precious MetalsWPM
Share
0.2%
Value
$25m
Shares
222,924
Held
Colliers International GroupCIGI
Share
0.2%
Value
$24m
Shares
257,700
-36%
First Industrial Realty TrustFR
Share
0.2%
Value
$24m
Shares
393,302
Held
GMR SolutionsGMRS
Share
0.1%
Value
$23m
Shares
1,517,000
New
Microchip Technology
Share
0.1%
Value
$23m
Shares
300,000
Held
Rexford Industrial RealtyREXR
Share
0.1%
Value
$23m
Shares
685,504
Held
Kimco RealtyKIM
Share
0.1%
Value
$23m
Shares
896,700
New
Liberty CapitalGLIBK
Share
0.1%
Value
$23m
Shares
1,044,254
Held
CelesticaCLS
Share
0.1%
Value
$22m
Shares
61,122
+31%
Churchill CAP Corp XIICXIIU
Share
0.1%
Value
$22m
Shares
2,000,000
New
Chart Inds
Share
0.1%
Value
$22m
Shares
103,200
-24%
Andretti Acquisition Corp. IIPOLE
Share
0.1%
Value
$21m
Shares
1,980,000
Held
Gores Holdings XGTEN
Share
0.1%
Value
$21m
Shares
2,000,000
Held
FortisFTS
Share
0.1%
Value
$21m
Shares
362,822
+203%
General Catalyst GBL Resil MGCGRU
Share
0.1%
Value
$21m
Shares
2,000,000
New
Axcelis TechnologiesACLS
Share
0.1%
Value
$20m
Shares
107,250
+200%
Johnson Controls InternationalJCI
Share
0.1%
Value
$20m
Shares
139,000
Held
Fortress Value Acquisition Corp. VFVAV
Share
0.1%
Value
$20m
Shares
2,000,000
Held
Infinite Eagle AcquisitionIEAG
Share
0.1%
Value
$20m
Shares
2,000,000
Held
Karbon Capital PartnersKBON
Share
0.1%
Value
$20m
Shares
2,000,000
Held
Kinross GoldKGC
Share
0.1%
Value
$19m
Shares
823,892
+156%
MethanexMEOH
Share
0.1%
Value
$19m
Shares
417,301
-35%
Digital Realty TrustDLR
Share
0.1%
Value
$19m
Shares
106,000
Held
Advanced Energy IndustriesAEIS
Share
0.1%
Value
$19m
Shares
50,700
New

Company	Share of fund	Value	Shares	Change
Ishares TRIVV	25.3%	$4.0bn	5,291,151	-9%
Vanguard Index FDSVOO	17.0%	$2.7bn	3,880,748	+16%
Toronto Dominion BankTD	2.7%	$418m	3,445,718	-18%
Royal Bank of CanadaRY	2.1%	$324m	1,565,659	-29%
State STR Spdr S&P 500 ETF TSPY	2.0%	$312m	417,745	+5%
BrookfieldBN	1.1%	$179m	4,196,146	+14%
Bank of Nova ScotiaBNS	1.1%	$177m	2,040,686	-55%
Agnico Eagle MinesAEM	1.1%	$175m	1,129,982	-2%
TC EnergyTRP	1.1%	$175m	2,639,307	-34%
Suncor EnergySU	1.0%	$163m	3,040,030	-17%
VisaV	1.0%	$162m	473,000	New
ShopifySHOP	0.9%	$146m	1,274,813	+37%
Cenovus EnergyCVE	0.9%	$144m	5,798,511	-37%
Bank of Montreal /canBMO	0.9%	$143m	810,135	-4%
Barrick MiningB	0.8%	$127m	3,453,562	+669%
Canadian Pacific Kansas CityCP	0.7%	$117m	1,350,112	+16%
Micron TechnologyMU	0.7%	$115m	100,000	New
Canadian Natural ResourcesCNQ	0.7%	$107m	2,701,258	-70%
Sun Life FinancialSLF	0.6%	$100m	1,274,072	+30%
NvidiaNVDA	0.6%	$95m	474,600	New
Manulife FinancialMFC	0.6%	$92m	2,269,629	-2%
Canadian Imperial Bank of Commerce /canCM	0.6%	$92m	799,146	-63%
Canadian National RailwayCNI	0.6%	$90m	750,814	Held
Smurfit WestrockSW	0.6%	$89m	1,930,917	Held
GpgiGPGI	0.6%	$89m	5,605,406	+4%
AlphabetGOOGL	0.6%	$88m	245,000	-9%
FreshpetFRPT	0.5%	$85m	1,442,067	+45%
Bank of AmericaBAC	0.5%	$84m	1,477,300	New
IrenIREN	0.5%	$80m	1,748,100	New
VestisVSTS	0.5%	$80m	5,500,000	-34%
American ExpressAXP	0.5%	$78m	230,000	-4%
First Citizens BancsharesFCNCA	0.5%	$75m	36,176	Held
MicrosoftMSFT	0.5%	$75m	200,000	New
JBSJBS	0.4%	$70m	5,904,800	+18%
MSC Industrial DirectMSM	0.4%	$68m	570,000	-5%
Restaurant Brands InternationalQSR	0.4%	$63m	869,121	Held
Cullen/frost BankersCFR	0.4%	$62m	400,000	Held
EnbridgeENB	0.4%	$57m	1,055,134	Held
Gilead SciencesGILD	0.4%	$56m	442,000	Held
Ryan Specialty HoldingsRYAN	0.3%	$54m	1,421,400	New
SLB LimitedSLB	0.3%	$53m	1,150,000	-5%
Anheuser-Busch InBev SABUD	0.3%	$53m	645,100	Held
Yum China HoldingsYUMC	0.3%	$53m	1,300,000	-5%
Teck ResourcesTECK	0.3%	$52m	882,040	-2%
Meta PlatformsMETA	0.3%	$52m	92,000	Held
Estee Lauder CompaniesEL	0.3%	$50m	630,000	Held
Axis Capital HoldingsAXS	0.3%	$48m	450,000	Held
Liberty Live HoldingsLLYVA	0.3%	$48m	471,258	-21%
Spectrum Brands HoldingsSPB	0.3%	$46m	540,556	-11%
Txnm EnergyTXNM	0.3%	$45m	791,387	-11%
KenvueKVUE	0.3%	$45m	2,332,279	+4%
Donnelley Financial SolutionsDFIN	0.3%	$44m	1,052,611	+23%
Webster FinancialWBS	0.3%	$42m	550,000	-21%
Gildan ActivewearGIL	0.3%	$42m	808,161	-19%
NutrienNTR	0.3%	$40m	639,061	-25%
Sony GroupSONY	0.3%	$40m	1,993,000	Held
CGIGIB	0.3%	$39m	610,326	-3%
Thomson Reuters Corp /canTRI	0.2%	$39m	474,751	New
Gen DigitalGEN	0.2%	$39m	1,550,000	-13%
CenteneCNC	0.2%	$39m	600,000	-44%
StantecSTN	0.2%	$36m	526,991	-21%
Microchip TechnologyMCHP	0.2%	$35m	388,300	New
ATS Corp /ATSATS	0.2%	$34m	1,177,491	+25%
ManpowerGroupMAN	0.2%	$34m	998,000	-21%
Blackstone Digital Infrastructure TrustBXDC	0.2%	$32m	1,494,981	New
MedlineMDLN	0.2%	$32m	818,000	+110%
Ishares TRMCHI	0.2%	$32m	619,690	-50%
Norfolk SouthernNSC	0.2%	$29m	93,000	+210%
BroadcomAVGO	0.2%	$29m	76,200	New
Tamboran ResourcesTBN	0.2%	$28m	858,680	Held
Synchrony FinancialSYF	0.2%	$27m	355,100	New
Velos Acquisition IVLOS	0.2%	$27m	2,475,000	Held
Electronic ArtsEA	0.2%	$27m	130,000	-19%
ON SemiconductorON	0.2%	$27m	281,700	New
Zimmer Biomet HoldingsZBH	0.2%	$26m	297,894	New
LearLEA	0.2%	$25m	190,000	-47%
Wheaton Precious MetalsWPM	0.2%	$25m	222,924	Held
Colliers International GroupCIGI	0.2%	$24m	257,700	-36%
First Industrial Realty TrustFR	0.2%	$24m	393,302	Held
GMR SolutionsGMRS	0.1%	$23m	1,517,000	New
Microchip Technology	0.1%	$23m	300,000	Held
Rexford Industrial RealtyREXR	0.1%	$23m	685,504	Held
Kimco RealtyKIM	0.1%	$23m	896,700	New
Liberty CapitalGLIBK	0.1%	$23m	1,044,254	Held
CelesticaCLS	0.1%	$22m	61,122	+31%
Churchill CAP Corp XIICXIIU	0.1%	$22m	2,000,000	New
Chart Inds	0.1%	$22m	103,200	-24%
Andretti Acquisition Corp. IIPOLE	0.1%	$21m	1,980,000	Held
Gores Holdings XGTEN	0.1%	$21m	2,000,000	Held
FortisFTS	0.1%	$21m	362,822	+203%
General Catalyst GBL Resil MGCGRU	0.1%	$21m	2,000,000	New
Axcelis TechnologiesACLS	0.1%	$20m	107,250	+200%
Johnson Controls InternationalJCI	0.1%	$20m	139,000	Held
Fortress Value Acquisition Corp. VFVAV	0.1%	$20m	2,000,000	Held
Infinite Eagle AcquisitionIEAG	0.1%	$20m	2,000,000	Held
Karbon Capital PartnersKBON	0.1%	$20m	2,000,000	Held
Kinross GoldKGC	0.1%	$19m	823,892	+156%
MethanexMEOH	0.1%	$19m	417,301	-35%
Digital Realty TrustDLR	0.1%	$19m	106,000	Held
Advanced Energy IndustriesAEIS	0.1%	$19m	50,700	New

Showing the largest 100 of 624.

Options (2)

State STR Spdr S&P 500 ETF TSPY
Type
Put
Value
$299m
Contracts
400,000
Ishares TRIWM
Type
Put
Value
$210m
Contracts
700,000

Company	Type	Value	Contracts
State STR Spdr S&P 500 ETF TSPY	Put	$299m	400,000
Ishares TRIWM	Put	$210m	700,000

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 32.0% since 30 June 2025.

Where the money is

Financial services21.8%

Technology5.7%

Materials4.4%

Industrials4.2%

Energy3.8%

Real estate2.7%

Everyday goods2.2%

Retail & consumer2.2%

Utilities1.9%

Media & telecom1.7%

Health care1.5%

Other47.7%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.