Public Sector Pension Investment Board
MONTREAL, A8
$38.1bn in 1,324 US stocks at the end of 30 June 2026. The top 10 are 25.7% of the money. It changed about 16.0% of the portfolio this quarter.
Value
$38.1bn
Stocks
1,324
Top 10 share
25.7%
Turnover
16.0%
What changed this quarter
New
Bought for the first time this quarter.
- Marvell TechnologyMRVL0.2% of the fund
- Honeywell InternationalHON<0.1% of the fund
- Honeywell AerospaceHONA<0.1% of the fund
- Axsome TherapeuticsAXSM<0.1% of the fund
- nVent ElectricNVT<0.1% of the fund
- Eastern BanksharesEBC<0.1% of the fund
- WesbancoWSBC<0.1% of the fund
- LiquidiaLQDA<0.1% of the fund
- Vaneck ETF TrustSMH<0.1% of the fund
- PBF EnergyPBF<0.1% of the fund
- Riot PlatformsRIOT<0.1% of the fund
- Space Exploration TechnologiesSPCX<0.1% of the fund
- Sterling InfrastructureSTRL<0.1% of the fund
- Atmus Filtration TechnologiesATMU<0.1% of the fund
- LazardLAZ<0.1% of the fund
- Credo Technology Group HoldingCRDO<0.1% of the fund
- Broadstone Net LeaseBNL<0.1% of the fund
- Alignment HealthcareALHC<0.1% of the fund
- Astera LabsALAB<0.1% of the fund
- Remitly GlobalRELY<0.1% of the fund
- DaveDAVE<0.1% of the fund
- Credit AcceptanceCACC<0.1% of the fund
- Bright Horizons Family SolutionsBFAM<0.1% of the fund
- National Health InvestorsNHI<0.1% of the fund
- Thomson Reuters Corp /canTRI<0.1% of the fund
Added
Bought more of a stock they already held.
- BroadcomAVGO2.3% of the fund+3%
- Royal Bank of CanadaRY1.6% of the fund+26%
- JPMorgan ChaseJPM1.4% of the fund+13%
- Micron TechnologyMU1.4% of the fund+6%
- KLAKLAC1.1% of the fund+81%
- Toronto Dominion BankTD1.0% of the fund+10%
- TeslaTSLA1.0% of the fund+4%
- VisaV0.9% of the fund+11%
- Bank of AmericaBAC0.7% of the fund+51%
- Advanced Micro DevicesAMD0.6% of the fund+43%
- NetflixNFLX0.6% of the fund+32%
- Texas InstrumentsTXN0.5% of the fund+6%
- Bank of Montreal /canBMO0.5% of the fund+6%
- UnitedHealth GroupUNH0.5% of the fund+240%
- W.W. GraingerGWW0.5% of the fund+24%
- ShopifySHOP0.5% of the fund+190%
- AutozoneAZO0.5% of the fund+5%
- Parker-HannifinPH0.4% of the fund+2%
- OracleORCL0.4% of the fund+15%
- Arista NetworksANET0.4% of the fund+385%
- UBS Group AGUBS0.4% of the fund+15%
- QualcommQCOM0.4% of the fund+295%
- BrookfieldBN0.4% of the fund+111%
- Manulife FinancialMFC0.4% of the fund+216%
- Cisco SystemsCSCO0.3% of the fund+56%
Cut
Sold some of their stake.
- MicrosoftMSFT3.0% of the fund-27%
- AlphabetGOOGL2.7% of the fund-5%
- Amazon.comAMZN2.2% of the fund-13%
- Canadian Imperial Bank of Commerce /canCM1.8% of the fund-6%
- Eli LillyLLY1.2% of the fund-12%
- AstrazenecaAZN1.0% of the fund-4%
- Berkshire HathawayBRK-B0.7% of the fund-20%
- AbbVieABBV0.7% of the fund-7%
- United RentalsURI0.6% of the fund-6%
- MastercardMA0.6% of the fund-5%
- Analog DevicesADI0.6% of the fund-14%
- EatonETN0.5% of the fund-8%
- IntelINTC0.4% of the fund-34%
- ExxonMobil HoldingsXOM0.4% of the fund-13%
- Bank of Nova ScotiaBNS0.4% of the fund-18%
- TJX CompaniesTJX0.4% of the fund-7%
- MckessonMCK0.3% of the fund-8%
- Motorola SolutionsMSI0.3% of the fund-24%
- Applied MaterialsAMAT0.3% of the fund-65%
- SandiskSNDK0.3% of the fund-41%
- Johnson & JohnsonJNJ0.3% of the fund-22%
- CitigroupC0.3% of the fund-16%
- Morgan StanleyMS0.2% of the fund-27%
- ChevronCVX0.2% of the fund-11%
- State STR Spdr S&P 500 ETF TSPY0.2% of the fund-17%
Sold out
Sold their entire stake.
- Honeywell InternationalHON-100%
- DynatraceDT-100%
- SanminaSANM-100%
- Coterra EnergyCTRA-100%
- Air Lease-100%
- DigitalOcean HoldingsDOCN-100%
- TRI Pointe Homes-100%
- Clearwater Analytics Hldgs I-100%
- Sealed Air Corp New-100%
- DHT HoldingsDHT-100%
- Apellis Pharmaceuticals-100%
- Copa HoldingsCPA-100%
- Hecla MiningHL-100%
- CSG SYS Intl-100%
- TTM TechnologiesTTMI-100%
- Golar LNGGLNG-100%
- FluorFLR-100%
- Ensign GroupENSG-100%
- Alnylam PharmaceuticalsALNY-100%
- EnviriNVRI-100%
- ZscalerZS-100%
- Amprius TechnologiesAMPX-100%
- ToastTOST-100%
- Veris Residential INC.com-100%
- Texas RoadhouseTXRH-100%
Holdings
- Canadian Imperial Bank of Commerce /canCM
- Share
- 1.8%
- Value
- $672m
- Shares
- 5,844,333
-6%
- Royal Bank of CanadaRY
- Share
- 1.6%
- Value
- $625m
- Shares
- 3,021,927
+26%
- Toronto Dominion BankTD
- Share
- 1.0%
- Value
- $391m
- Shares
- 3,219,104
+10%
- Bank of Montreal /canBMO
- Share
- 0.5%
- Value
- $208m
- Shares
- 1,177,353
+6%
- Bank of Nova ScotiaBNS
- Share
- 0.4%
- Value
- $145m
- Shares
- 1,670,826
-18%
- BrookfieldBN
- Share
- 0.4%
- Value
- $137m
- Shares
- 3,207,581
+111%
- Manulife FinancialMFC
- Share
- 0.4%
- Value
- $136m
- Shares
- 3,348,257
+216%
- Agnico Eagle MinesAEM
- Share
- 0.3%
- Value
- $112m
- Shares
- 723,475
+205%
- Barrick MiningB
- Share
- 0.2%
- Value
- $87m
- Shares
- 2,381,932
+201%
- Canadian Natural ResourcesCNQ
- Share
- 0.2%
- Value
- $87m
- Shares
- 2,198,059
+936%
- State STR Spdr S&P 500 ETF TSPY
- Share
- 0.2%
- Value
- $86m
- Shares
- 114,567
-17%
- Argenx SEARGX
- Share
- 0.2%
- Value
- $78m
- Shares
- 84,300
+15%
- TC EnergyTRP
- Share
- 0.2%
- Value
- $73m
- Shares
- 1,097,794
+16%
- Wheaton Precious MetalsWPM
- Share
- 0.2%
- Value
- $73m
- Shares
- 645,526
+201%
- Sun Life FinancialSLF
- Share
- 0.2%
- Value
- $72m
- Shares
- 913,881
+75%
- Canadian National RailwayCNI
- Share
- 0.2%
- Value
- $71m
- Shares
- 599,765
+123%
- Suncor EnergySU
- Share
- 0.2%
- Value
- $67m
- Shares
- 1,244,234
+947%
- Ishares TRIJR
- Share
- 0.2%
- Value
- $57m
- Shares
- 385,783
+43%
- Franco NevadaFNV
- Share
- 0.1%
- Value
- $57m
- Shares
- 274,167
+201%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| NvidiaNVDA | 4.8% | $1.8bn | 9,173,845 | Held |
| AppleAAPL | 3.5% | $1.3bn | 4,593,157 | Held |
| MicrosoftMSFT | 3.0% | $1.1bn | 3,048,001 | -27% |
| AlphabetGOOGL | 2.7% | $1.0bn | 2,921,914 | -5% |
| TelesatTSAT | 2.4% | $922m | 18,211,203 | Held |
| BroadcomAVGO | 2.3% | $860m | 2,276,724 | +3% |
| Amazon.comAMZN | 2.2% | $847m | 3,554,852 | -13% |
| Canadian Imperial Bank of Commerce /canCM | 1.8% | $672m | 5,844,333 | -6% |
| Royal Bank of CanadaRY | 1.6% | $625m | 3,021,927 | +26% |
| JPMorgan ChaseJPM | 1.4% | $537m | 1,640,123 | +13% |
| Micron TechnologyMU | 1.4% | $531m | 460,028 | +6% |
| Eli LillyLLY | 1.2% | $442m | 368,356 | -12% |
| Meta PlatformsMETA | 1.1% | $438m | 777,473 | Held |
| KLAKLAC | 1.1% | $404m | 1,338,234 | +81% |
| Toronto Dominion BankTD | 1.0% | $391m | 3,219,104 | +10% |
| AstrazenecaAZN | 1.0% | $373m | 1,994,378 | -4% |
| TeslaTSLA | 1.0% | $364m | 864,452 | +4% |
| VisaV | 0.9% | $347m | 1,010,873 | +11% |
| AlphabetGOOG | 0.8% | $305m | 862,348 | Held |
| Berkshire HathawayBRK-B | 0.7% | $278m | 556,495 | -20% |
| AbbVieABBV | 0.7% | $274m | 1,088,816 | -7% |
| Bank of AmericaBAC | 0.7% | $248m | 4,356,177 | +51% |
| Goldman Sachs GroupGS | 0.6% | $247m | 244,401 | Held |
| Advanced Micro DevicesAMD | 0.6% | $242m | 416,800 | +43% |
| Union PacificUNP | 0.6% | $241m | 887,678 | Held |
| United RentalsURI | 0.6% | $224m | 198,026 | -6% |
| NetflixNFLX | 0.6% | $218m | 3,058,498 | +32% |
| MastercardMA | 0.6% | $216m | 420,099 | -5% |
| Analog DevicesADI | 0.6% | $213m | 536,614 | -14% |
| Texas InstrumentsTXN | 0.5% | $209m | 700,914 | +6% |
| Bank of Montreal /canBMO | 0.5% | $208m | 1,177,353 | +6% |
| UnitedHealth GroupUNH | 0.5% | $207m | 498,196 | +240% |
| EatonETN | 0.5% | $205m | 480,259 | -8% |
| W.W. GraingerGWW | 0.5% | $202m | 148,511 | +24% |
| ShopifySHOP | 0.5% | $201m | 1,759,877 | +190% |
| AutozoneAZO | 0.5% | $173m | 54,252 | +5% |
| IntelINTC | 0.4% | $171m | 1,227,980 | -34% |
| Parker-HannifinPH | 0.4% | $168m | 172,222 | +2% |
| Constellation EnergyCEG | 0.4% | $167m | 670,602 | Held |
| ExxonMobil HoldingsXOM | 0.4% | $164m | 1,201,537 | -13% |
| OracleORCL | 0.4% | $157m | 1,070,986 | +15% |
| Arista NetworksANET | 0.4% | $149m | 877,224 | +385% |
| TotalEnergies SETTE | 0.4% | $147m | 1,922,562 | Held |
| UBS Group AGUBS | 0.4% | $145m | 2,926,309 | +15% |
| Bank of Nova ScotiaBNS | 0.4% | $145m | 1,670,826 | -18% |
| T-Mobile USTMUS | 0.4% | $143m | 851,577 | Held |
| QualcommQCOM | 0.4% | $140m | 755,528 | +295% |
| BrookfieldBN | 0.4% | $137m | 3,207,581 | +111% |
| Manulife FinancialMFC | 0.4% | $136m | 3,348,257 | +216% |
| TJX CompaniesTJX | 0.4% | $135m | 890,641 | -7% |
| Cisco SystemsCSCO | 0.3% | $129m | 1,099,521 | +56% |
| PultegroupPHM | 0.3% | $128m | 936,383 | Held |
| EnbridgeENB | 0.3% | $125m | 2,300,993 | +437% |
| Abbott LaboratoriesABT | 0.3% | $125m | 1,372,625 | Held |
| Hilton Worldwide HoldingsHLT | 0.3% | $125m | 376,768 | Held |
| MckessonMCK | 0.3% | $123m | 162,422 | -8% |
| Canadian Pacific Kansas CityCP | 0.3% | $121m | 1,400,183 | +168% |
| Motorola SolutionsMSI | 0.3% | $120m | 289,914 | -24% |
| Boston ScientificBSX | 0.3% | $120m | 2,804,896 | +35% |
| Applied MaterialsAMAT | 0.3% | $119m | 163,970 | -65% |
| Agnico Eagle MinesAEM | 0.3% | $112m | 723,475 | +205% |
| SandiskSNDK | 0.3% | $110m | 48,272 | -41% |
| FortinetFTNT | 0.3% | $106m | 691,577 | +511% |
| Johnson & JohnsonJNJ | 0.3% | $106m | 415,564 | -22% |
| Wells Fargo & CompanyWFC | 0.3% | $104m | 1,260,847 | Held |
| Lam ResearchLRCX | 0.3% | $98m | 225,457 | Held |
| CitigroupC | 0.3% | $97m | 693,585 | -16% |
| Builders FirstSourceBLDR | 0.3% | $96m | 1,074,139 | Held |
| PayPal HoldingsPYPL | 0.2% | $94m | 2,179,953 | +137% |
| Morgan StanleyMS | 0.2% | $90m | 430,628 | -27% |
| ChevronCVX | 0.2% | $89m | 534,527 | -11% |
| Barrick MiningB | 0.2% | $87m | 2,381,932 | +201% |
| Canadian Natural ResourcesCNQ | 0.2% | $87m | 2,198,059 | +936% |
| State STR Spdr S&P 500 ETF TSPY | 0.2% | $86m | 114,567 | -17% |
| IrenIREN | 0.2% | $82m | 1,800,000 | +5043% |
| Marvell TechnologyMRVL | 0.2% | $82m | 275,129 | New |
| WalmartWMT | 0.2% | $80m | 710,446 | Held |
| CaterpillarCAT | 0.2% | $79m | 74,176 | Held |
| Deutsche Bank AktiengesellschaftDB | 0.2% | $79m | 2,324,432 | +60% |
| Argenx SEARGX | 0.2% | $78m | 84,300 | +15% |
| LindeLIN | 0.2% | $78m | 149,923 | Held |
| AmphenolAPH | 0.2% | $77m | 436,661 | +33% |
| ComcastCMCSA | 0.2% | $75m | 3,039,071 | +231% |
| TC EnergyTRP | 0.2% | $73m | 1,097,794 | +16% |
| Wheaton Precious MetalsWPM | 0.2% | $73m | 645,526 | +201% |
| Sun Life FinancialSLF | 0.2% | $72m | 913,881 | +75% |
| Canadian National RailwayCNI | 0.2% | $71m | 599,765 | +123% |
| Costco WholesaleCOST | 0.2% | $71m | 75,949 | -20% |
| Palantir TechnologiesPLTR | 0.2% | $70m | 596,024 | +12% |
| Trane TechnologiesTT | 0.2% | $70m | 141,538 | +19% |
| Suncor EnergySU | 0.2% | $67m | 1,244,234 | +947% |
| Seagate Technology HoldingsSTX | 0.2% | $67m | 68,998 | +77% |
| General ElectricGE | 0.2% | $64m | 170,286 | Held |
| CelesticaCLS | 0.2% | $63m | 173,892 | +215% |
| Home DepotHD | 0.2% | $61m | 173,418 | -25% |
| Ishares TRIJR | 0.2% | $57m | 385,783 | +43% |
| Franco NevadaFNV | 0.1% | $57m | 274,167 | +201% |
| Dominion EnergyD | 0.1% | $56m | 821,666 | +238% |
| Procter & GamblePG | 0.1% | $55m | 377,933 | Held |
| Intercontinental ExchangeICE | 0.1% | $54m | 441,441 | +173% |
Showing the largest 100 of 1,324.
Options (13)
- Vaneck ETF TrustSMH
- Type
- Put
- Value
- $128m
- Contracts
- 195,000
- Vaneck ETF TrustSMH
- Type
- Call
- Value
- $98m
- Contracts
- 150,000
- State STR Spdr S&P 500 ETF TSPY
- Type
- Put
- Value
- $75m
- Contracts
- 100,000
- Taiwan Semiconductor ManufacturingTSM
- Type
- Call
- Value
- $60m
- Contracts
- 125,000
- Invesco QQQ TRQQQ
- Type
- Put
- Value
- $37m
- Contracts
- 50,000
- Marvell TechnologyMRVL
- Type
- Call
- Value
- $36m
- Contracts
- 120,000
- AppleAAPL
- Type
- Call
- Value
- $29m
- Contracts
- 100,000
- AppleAAPL
- Type
- Put
- Value
- $29m
- Contracts
- 100,000
- NvidiaNVDA
- Type
- Call
- Value
- $15m
- Contracts
- 75,000
- IntelINTC
- Type
- Call
- Value
- $10m
- Contracts
- 70,000
- IsharesEWJ
- Type
- Call
- Value
- $9m
- Contracts
- 100,000
- Space Exploration TechnologiesSPCX
- Type
- Put
- Value
- $9m
- Contracts
- 50,000
- CintasCTAS
- Type
- Call
- Value
- $6m
- Contracts
- 35,000
| Company | Type | Value | Contracts |
|---|---|---|---|
| Vaneck ETF TrustSMH | Put | $128m | 195,000 |
| Vaneck ETF TrustSMH | Call | $98m | 150,000 |
| State STR Spdr S&P 500 ETF TSPY | Put | $75m | 100,000 |
| Taiwan Semiconductor ManufacturingTSM | Call | $60m | 125,000 |
| Invesco QQQ TRQQQ | Put | $37m | 50,000 |
| Marvell TechnologyMRVL | Call | $36m | 120,000 |
| AppleAAPL | Call | $29m | 100,000 |
| AppleAAPL | Put | $29m | 100,000 |
| NvidiaNVDA | Call | $15m | 75,000 |
| IntelINTC | Call | $10m | 70,000 |
| IsharesEWJ | Call | $9m | 100,000 |
| Space Exploration TechnologiesSPCX | Put | $9m | 50,000 |
| CintasCTAS | Call | $6m | 35,000 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 63.0% since 30 June 2025.
Where the money is
Technology28.8%
Financial services19.3%
Media & telecom9.6%
Retail & consumer9.3%
Industrials9.1%
Health care8.8%
Energy3.6%
Materials3.2%
Utilities2.7%
Real estate2.7%
Everyday goods1.8%
Other1.2%
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.