CIK: 0001421224
Total reported value
$61.3B
Reporting period: 2026-03-31 · Number of holdings: 1463
CIBC WORLD MARKET INC. disclosed 1463 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $61.3B and a quarterly turnover rate of 25.3%.
Browse other institutions with $10B to $100B AUMBrowse other institutions starting with "C"
Cibc World Market INC.'s disclosed holdings carry a Herfindahl concentration index of 0.018 — mathematically equivalent to about 56 equally-sized positions, well below its 1463 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 4.92), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Trim BRK-A
-99.4% -$1.1B
Add SPY
+326.2% $886.1M
Trim SHOP
-3.2% -$823.5M
Add CNQ
+1.0% $683.9M
Trim MSFT
-18.3% -$453.8M
Add STT
+370.8% $384.5M
CIBC World Market is systematically rotating out of single-name conviction into passive beta and sector momentum plays. The near-full exit of BRK-A and trimming of SHOP, MSFT, and Canadian banks fund a scaling in SPY (index proxy) and adds to CNQ and STT—a clear shift from idiosyncratic bets to factor-driven market exposure, consistent with their extreme 100 momentum score.
The portfolio is pricing a pro-cyclical regime: overweight Energy and Financials as a leveraged bet on commodity inflation and a steepening yield curve, while trimming tech mega-caps suggests a belief that the rally broadens away from growth leaders. The opposing thesis is a recession that collapses energy demand, flattens the curve, and re-concentrates outperformance in the very names they are selling.
A 100 momentum score is a crowded factor trade—any regime shift from trending to mean-reverting systematically liquidates the same positions accumulated. Moreover, the 34.55% financials weighting creates hidden correlation across 1,399 holdings; a credit event or curve inversion would turn this 'diversified' portfolio into a single-factor tail risk.
AI-assisted summary drawn from public regulatory disclosures, covering historical data only. Not a substitute for professional investment advice.
Showing top 200 holdings (of 1463 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | TD | Toronto-dominion Bank | Stock-Financials | 6.01% | — | +0.19% | |
| 2 | RY | Royal Bank Of Canada | Stock-Financials | 5.39% | -0.55% | -5.43% | |
| 3 | NVDA | Nvidia CORP | Stock-Tech | 4.34% | +0.20% | +10.67% | |
| 4 | CNQ | Canadian Natural Resources | Stock-Energy | 3.57% | +1.14% | +1.01% | |
| 5 | SHOP | Shopify INC - Class A | Stock-Tech | 3.34% | -1.29% | -3.24% | |
| 6 | BNS | Bank Of Nova Scotia | Stock-Financials | 3.09% | -0.53% | -10.39% | |
| 7 | BMO | Bank Of Montreal | Stock-Financials | 2.92% | +0.16% | +0.04% | |
| 8 | ENB | Enbridge INC | Stock-Energy | 2.30% | +0.26% | -1.52% | |
| 9 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 1.92% | +1.45% | +326.21% | |
| 10 | CM | Can Imperial Bk Of Commerce | Stock-Financials | 1.91% | +0.16% | +1.05% | |
| 11 | TRP | Tc Energy CORP | Stock-Energy | 1.58% | -0.53% | -34.93% | |
| 12 | AAPL | Apple INC | Stock-Tech | 1.45% | — | +12.49% | |
| 13 | AEM | Agnico Eagle Mines LTD | Stock-Materials | 1.39% | +0.42% | +17.81% | |
| 14 | SU | Suncor Energy INC | Stock-Energy | 1.35% | -0.56% | -53.13% | |
| 15 | QQQ | Invesco Qqq Trust Series 1 | ETF-Tech | 1.33% | +0.48% | +64.23% | |
| 16 | BN | Brookfield CORP | Stock-Financials | 1.30% | — | +10.39% | |
| 17 | JPM | Jpmorgan Chase & Co | Stock-Financials | 1.29% | +0.26% | +35.67% | |
| 18 | MSFT | Microsoft CORP | Stock-Tech | 1.24% | -0.71% | -18.32% | |
| 19 | AMZN | Amazon.com INC | Stock-Consumer Disc | 1.19% | -0.17% | -3.88% | |
| 20 | TU | Telus CORP | Stock-Other | 1.06% | — | +3.75% | |
| 21 | BCE | Bce INC | Stock-Comm Services | 1.06% | — | -7.42% | |
| 22 | B | Barrick Mining CORP | Stock-Materials | 1.06% | — | +2.35% | |
| 23 | EMA | Emera INC | Stock-Other | 1.05% | +0.11% | +4.79% | |
| 24 | SLF | Sun Life Financial INC | Stock-Financials | 1.01% | +0.24% | +28.65% | |
| 25 | CP | Canadian Pacific Kansas City | Stock-Industrials | 1.00% | — | -7.54% | |
| 26 | MFC | Manulife Financial CORP | Stock-Financials | 0.99% | -0.60% | -35.49% | |
| 27 | CLS | Celestica INC | Stock-Tech | 0.98% | -0.10% | -5.87% | |
| 28 | AVGO | Broadcom INC | Stock-Tech | 0.92% | -0.18% | -7.90% | |
| 29 | PBA | Pembina Pipeline CORP | Stock-Energy | 0.90% | +0.23% | +12.20% | |
| 30 | RCI | Rogers Communications Inc-b | Stock-Other | 0.89% | — | +1.52% | |
| 31 | CNI | Canadian Natl Railway Co | Stock-Industrials | 0.87% | — | +0.02% | |
| 32 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 0.84% | -0.13% | -6.82% | |
| 33 | QSR | Restaurant Brands Intern | Stock-Consumer Disc | 0.82% | +0.41% | +83.22% | |
| 34 | WPM | Wheaton Precious Metals CORP | Stock-Materials | 0.80% | +0.14% | +7.30% | |
| 35 | STT | State Street CORP | Stock-Financials | 0.80% | +0.63% | +370.78% | |
| 36 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 0.73% | — | +4.80% | |
| 37 | FTS | Fortis INC | Stock-Utilities | 0.71% | — | -8.50% | |
| 38 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 0.71% | — | +6.25% | |
| 39 | EWC | Ishares Msci Canada ETF | ETF-Other | 0.67% | — | -0.66% | |
| 40 | CCJ | Cameco CORP | Stock-Energy | 0.66% | — | -3.03% | |
| 41 | TSM | Taiwan Semiconductor-sp Adr | Stock-Tech | 0.66% | — | -0.16% | |
| 42 | NTR | Nutrien LTD | Stock-Materials | 0.64% | — | -16.98% | |
| 43 | TECK | Teck Resources Ltd-cls B | Stock-Materials | 0.59% | +0.27% | +70.74% | |
| 44 | IWM | Ishares Russell 2000 ETF | ETF-Small Cap | 0.56% | -0.18% | -26.09% | |
| 45 | CVE | Cenovus Energy INC | Stock-Energy | 0.56% | — | -23.95% | |
| 46 | XOM | Exxon Mobil CORP | Stock-Energy | 0.55% | +0.15% | -4.54% | |
| 47 | WCN | Waste Connections INC | Stock-Industrials | 0.55% | — | +0.65% | |
| 48 | FNV | Franco-nevada CORP | Stock-Materials | 0.54% | — | -2.36% | |
| 49 | META | Meta Platforms Inc-class A | Stock-Comm Services | 0.53% | — | +19.94% | |
| 50 | FLUT | Flutter Entertainment plc | Stock-Consumer Disc | 0.52% | +0.52% | NEW |
Performance for Q3 2026
+3.5%
Performance Last 4 Quarters
+32.6%
Based on 84% of reported portfolio value with available pricing
| Period | Holdings | Total value | Stability | Top holdings |
|---|---|---|---|---|
| 2026-03-31 | 1463 | $61.3B | 25 | |
| 2025-12-31 | 1437 | $62.0B | 23 | |
| 2025-09-30 | 1404 | $55.8B | 34 | |
| 2025-06-30 | 1354 | $50.5B | 0 | |
| 2025-03-31 | 1352 | $46.7B | 100 | |
| 2024-12-31 | 1352 | $47.7B | 0 | |
| 2024-09-30 | 1302 | $48.0B | 0 | |
| 2024-06-30 | 1261 | $43.4B | 0 | |
| 2024-03-31 | 1284 | $42.1B | 0 | |
| 2023-12-31 | 1236 | $39.4B | 0 | |
| 2023-09-30 | 1208 | $30.3B | 0 | |
| 2023-06-30 | 1199 | $31.4B | 0 | |
| 2023-03-31 | 1220 | $29.7B | 0 | |
| 2022-12-31 | 1239 | $28.3B | 0 | |
| 2022-09-30 | 1224 | $26.0B | 0 | |
| 2022-06-30 | 1259 | $28.5B | 0 | |
| 2022-03-31 | 1297 | $31.5B | 0 | |
| 2021-12-31 | 1315 | $34.8B | 0 | |
| 2021-09-30 | 1324 | $30.5B | 0 | |
| 2021-06-30 | 1323 | $35.8B | 98 | |
| 2021-03-31 | 1269 | $34.3B | 26 | |
| 2020-12-31 | 1246 | $31.5B | 37 | |
| 2020-09-30 | 1090 | $23.0B | 15 | |
| 2020-06-30 | 1063 | $22.1B | 24 | |
| 2020-03-31 | 976 | $19.6B | 35 | |
| 2019-12-31 | 1113 | $24.5B | 16 | |
| 2019-09-30 | 1074 | $22.3B | 13 | |
| 2019-06-30 | 1107 | $22.6B | 22 | |
| 2019-03-31 | 1137 | $21.7B | 26 | |
| 2018-12-31 | 1071 | $19.6B | 33 | |
| 2018-09-30 | 1119 | $23.3B | 21 | |
| 2018-06-30 | 1131 | $22.9B | 19 | |
| 2018-03-31 | 1145 | $24.3B | 33 | |
| 2017-12-31 | 801 | $22.1B | 16 | |
| 2017-09-30 | 756 | $20.9B | 19 | |
| 2017-06-30 | 1123 | $23.5B | 47 | |
| 2017-03-31 | 980 | $31.0B | 100 | |
| 2016-12-31 | 982 | $26.9B | 0 | |
| 2016-09-30 | 947 | $24.6B | 0 | |
| 2016-06-30 | 915 | $22.7B | 10 | |
| 2016-03-31 | 861 | $21.5B | 18 | |
| 2015-12-31 | 870 | $19.7B | 11 | |
| 2015-09-30 | 865 | $20.2B | 18 | |
| 2015-06-30 | 894 | $23.1B | 14 | |
| 2015-03-31 | 798 | $24.5B | 15 | |
| 2014-12-31 | 812 | $26.6B | 12 | |
| 2014-09-30 | 724 | $27.9B | 9 | |
| 2014-06-30 | 690 | $28.7B | 13 | |
| 2014-03-31 | 694 | $26.2B | 17 | |
| 2013-12-31 | 665 | $24.1B | 17 | |
| 2013-09-30 | 608 | $24.2B | 13 | |
| 2013-06-30 | 567 | $22.3B | 0 |
Cibc World Market INC.'s most significant position changes for 2026-03-31: New buy: Flutter Entertainment plc (FLUT); New buy: Neogen CORP (NEOG); Trim: Berkshire Hathaway Inc-cl A (BRK-A) — shares -99.41%; Add: Ss Spdr S&p 500 ETF Trust-us (SPY) — shares +326.21%; Trim: Shopify INC - Class A (SHOP) — shares -3.24%.
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | SPY | Ss Spdr S&p 500 ETF Trust-us | +1.5% | +326.21% | Add |
| 2 | CNQ | Canadian Natural Resources | +1.1% | +1.01% | Add |
| 3 | STT | State Street CORP | +0.6% | +370.78% | Add |
| 4 | QQQ | Invesco Qqq Trust Series 1 | +0.5% | +64.23% | Add |
| 5 | AEM | Agnico Eagle Mines LTD | +0.4% | +17.81% | Add |
| 6 | QSR | Restaurant Brands Intern | +0.4% | +83.22% | Add |
| 7 | TECK | Teck Resources Ltd-cls B | +0.3% | +70.74% | Add |
| 8 | JPM | Jpmorgan Chase & Co | +0.3% | +35.67% | Add |
| 9 | ENB | Enbridge INC | +0.3% | -1.52% | Trim |
| 10 | XLP | Ss Consumer Staples Sel Sect | +0.3% | +168.85% | Add |
| 11 | SLF | Sun Life Financial INC | +0.2% | +28.65% | Add |
| 12 | PBA | Pembina Pipeline CORP | +0.2% | +12.20% | Add |
| 13 | NVDA | Nvidia CORP | +0.2% | +10.67% | Add |
| 14 | CM | Can Imperial Bk Of Commerce | +0.2% | +1.05% | Add |
| 15 | BMO | Bank Of Montreal | +0.2% | +0.04% | Add |
| 16 | XOM | Exxon Mobil CORP | +0.2% | -4.54% | Trim |
| 17 | XLU | St Sr Utl Sl Se Spdr Etf-usd | +0.1% | +59.43% | Add |
| 18 | WPM | Wheaton Precious Metals CORP | +0.1% | +7.30% | Add |
| 19 | ACWI | Ishares Msci Acwi ETF | +0.1% | +4025.40% | Add |
| 20 | XLE | Ss Energy Select Sector | +0.1% | +4.34% | Add |
| 21 | C | Citigroup INC | +0.1% | +101.15% | Add |
| 22 | EMA | Emera INC | +0.1% | +4.79% | Add |
| 23 | WFC | Wells Fargo & Co | +0.1% | +107.48% | Add |
| 24 | SCHW | Schwab (charles) CORP | +0.1% | +258.69% | Add |
| 25 | JNJ | Johnson & Johnson | +0.1% | +25.31% | Add |
| 26 | AMAT | Applied Materials INC | +0.1% | +119.93% | Add |
| 27 | BAM | Brookfield Asset Mgmt-a | -0.1% | -14.52% | Trim |
| 28 | CLS | Celestica INC | -0.1% | -5.87% | Trim |
| 29 | TSLA | Tesla INC | -0.1% | -8.87% | Trim |
| 30 | NVS | Novartis Ag-sponsored Adr | -0.1% | -84.05% | Trim |
| 31 | GOOGL | Alphabet Inc-cl A | -0.1% | -6.82% | Trim |
| 32 | XLV | Ss Health Care Select Sector | -0.1% | -49.13% | Trim |
| 33 | UBS | UBS Group AG | -0.2% | -86.25% | Trim |
| 34 | AMZN | Amazon.com INC | -0.2% | -3.88% | Trim |
| 35 | AVGO | Broadcom INC | -0.2% | -7.90% | Trim |
| 36 | IWM | Ishares Russell 2000 ETF | -0.2% | -26.09% | Trim |
| 37 | XLF | Ss Financial Select Sector | -0.2% | -65.38% | Trim |
| 38 | XLC | Ss Comm Select Sector Spdr | -0.2% | -98.62% | Trim |
| 39 | MGA | Magna International INC | -0.3% | -52.84% | Trim |
| 40 | CTSH | Cognizant Tech Solutions-a | -0.3% | -72.28% | Trim |
| 41 | BNS | Bank Of Nova Scotia | -0.5% | -10.39% | Trim |
| 42 | TRP | Tc Energy CORP | -0.5% | -34.93% | Trim |
| 43 | RY | Royal Bank Of Canada | -0.6% | -5.43% | Trim |
| 44 | SU | Suncor Energy INC | -0.6% | -53.13% | Trim |
| 45 | MFC | Manulife Financial CORP | -0.6% | -35.49% | Trim |
| 46 | MSFT | Microsoft CORP | -0.7% | -18.32% | Trim |
| 47 | SHOP | Shopify INC - Class A | -1.3% | -3.24% | Trim |
| 48 | BRK-A | Berkshire Hathaway Inc-cl A | -1.8% | -99.41% | Trim |
| 49 | FLUT | Flutter Entertainment plc | — | NEW | New buy |
| 50 | NEOG | Neogen CORP | — | NEW | New buy |
| Period | Filed | Type | EDGAR |
|---|---|---|---|
| 2026-03-31 | 2026-05-14 | 13F-HR | View on EDGAR |
| 2025-12-31 | 2026-02-10 | 13F-HR | View on EDGAR |
| 2025-09-30 | 2025-11-06 | 13F-HR | View on EDGAR |
| 2025-06-30 | 2025-08-14 | 13F-HR | View on EDGAR |
| 2025-03-31 | 2025-05-14 | 13F-HR | View on EDGAR |
| 2024-12-31 | 2025-01-23 | 13F-HR | View on EDGAR |
| 2024-09-30 | 2024-11-12 | 13F-HR | View on EDGAR |
| 2024-06-30 | 2024-08-07 | 13F-HR | View on EDGAR |
| 2024-03-31 | 2024-05-13 | 13F-HR | View on EDGAR |
| 2023-12-31 | 2024-02-13 | 13F-HR | View on EDGAR |
| 2023-09-30 | 2023-11-13 | 13F-HR | View on EDGAR |
| 2023-06-30 | 2023-08-11 | 13F-HR | View on EDGAR |
| 2023-03-31 | 2023-05-12 | 13F-HR | View on EDGAR |
| 2022-12-31 | 2023-02-13 | 13F-HR | View on EDGAR |
| 2022-09-30 | 2022-11-10 | 13F-HR | View on EDGAR |
| 2022-06-30 | 2022-08-10 | 13F-HR | View on EDGAR |
| 2022-03-31 | 2022-05-12 | 13F-HR | View on EDGAR |
| 2021-12-31 | 2022-02-14 | 13F-HR | View on EDGAR |
| 2021-09-30 | 2021-11-12 | 13F-HR | View on EDGAR |
| 2021-06-30 | 2021-08-12 | 13F-HR | View on EDGAR |
| 2021-03-31 | 2021-05-11 | 13F-HR | View on EDGAR |
| 2020-12-31 | 2021-02-08 | 13F-HR | View on EDGAR |
| 2020-09-30 | 2020-11-12 | 13F-HR | View on EDGAR |
| 2020-06-30 | 2020-08-13 | 13F-HR | View on EDGAR |
| 2020-03-31 | 2020-05-15 | 13F-HR | View on EDGAR |
| 2019-12-31 | 2020-02-13 | 13F-HR | View on EDGAR |
| 2019-09-30 | 2019-11-13 | 13F-HR | View on EDGAR |
| 2019-06-30 | 2019-08-08 | 13F-HR | View on EDGAR |
| 2019-03-31 | 2019-05-09 | 13F-HR | View on EDGAR |
| 2018-12-31 | 2019-02-13 | 13F-HR | View on EDGAR |
| 2018-09-30 | 2018-11-09 | 13F-HR | View on EDGAR |
| 2018-06-30 | 2018-08-08 | 13F-HR | View on EDGAR |
| 2018-03-31 | 2018-05-18 | 13F-HR | View on EDGAR |
| 2017-12-31 | 2018-02-01 | 13F-HR | View on EDGAR |
| 2017-09-30 | 2017-11-13 | 13F-HR | View on EDGAR |
| 2017-06-30 | 2017-08-10 | 13F-HR | View on EDGAR |
| 2017-03-31 | 2017-05-08 | 13F-HR | View on EDGAR |
| 2016-12-31 | 2017-05-08 | Amendment | View on EDGAR |
| 2016-12-31 | 2017-05-08 | Amendment | View on EDGAR |
| 2016-12-31 | 2017-01-09 | 13F-HR | View on EDGAR |
| 2016-09-30 | 2017-05-08 | Amendment | View on EDGAR |
| 2016-09-30 | 2017-05-08 | Amendment | View on EDGAR |
| 2016-09-30 | 2016-11-03 | 13F-HR | View on EDGAR |
| 2016-06-30 | 2016-07-21 | 13F-HR | View on EDGAR |
| 2016-03-31 | 2016-05-04 | 13F-HR | View on EDGAR |
| 2015-12-31 | 2016-01-14 | 13F-HR | View on EDGAR |
| 2015-09-30 | 2015-10-26 | Amendment | View on EDGAR |
| 2015-09-30 | 2015-10-22 | 13F-HR | View on EDGAR |
| 2015-06-30 | 2015-07-22 | 13F-HR | View on EDGAR |
| 2015-03-31 | 2015-04-23 | 13F-HR | View on EDGAR |
| 2014-12-31 | 2015-02-04 | 13F-HR | View on EDGAR |
| 2014-09-30 | 2014-10-22 | 13F-HR | View on EDGAR |
| 2014-06-30 | 2014-08-08 | 13F-HR | View on EDGAR |
| 2014-03-31 | 2014-05-13 | 13F-HR | View on EDGAR |
| 2013-12-31 | 2014-02-07 | 13F-HR | View on EDGAR |
| 2013-09-30 | 2013-11-05 | 13F-HR | View on EDGAR |
| 2013-06-30 | 2013-08-07 | 13F-HR | View on EDGAR |
Institutions with a similar AUM
CIK 0001056288
Total reported value
$61.5B
3,984 stks
2026-03-31
AUM within 0.4% of this institution
CIK 0001345929
Total reported value
$60.9B
2,375 stks
2026-03-31
AUM within 0.7% of this institution
CIK 0001207017
Total reported value
$60.8B
2,050 stks
2026-03-31
AUM within 0.8% of this institution
Institutions with overlapping top holdings
CIK 0000919859
Total reported value
$83.3B
1,420 stks
2026-03-31
3 of the top 5 holdings overlap, including Royal Bank Of Canada
CIK 0000927971
Total reported value
$268.5B
13,875 stks
2026-03-31
3 of the top 5 holdings overlap, including Nvidia CORP
CIK 0001021926
Total reported value
$40.9B
1,372 stks
2026-03-31
3 of the top 5 holdings overlap, including Royal Bank Of Canada