Connor, Clark & Lunn Investment Management Ltd. Institutional Portfolio (13F)

CIK: 0001596800

Diversified strategyMomentum follower

Total reported value

$43.4B

Reporting period: 2026-03-31 · Number of holdings: 1526

Connor, Clark & Lunn Investment Management Ltd. disclosed 1526 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $43.4B and a quarterly turnover rate of 47.2%.

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Personality snowflake

Concentration: 3.5
Portfolio Stability: 47.2
Momentum/Contrarian: 100
Sector conviction: 43.14
Diversification: 100
Sizing Uniformity: 64.83

Connor, Clark & Lunn Investment Management Ltd.'s disclosed holdings carry a Herfindahl concentration index of 0.009 — mathematically equivalent to about 114 equally-sized positions, well below its 1526 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 3.52), 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.

Recent moves

Trim RY
-6.1%　-$214.8M
Add SU
+48.2%　$525.7M
Add ENB
+76.5%　$472.1M
Trim SHOP
+2.9%　-$240.9M
Add CVX
+2954.2%　$223.1M
Add TRP
+35.2%　$284.6M

Holdings Map

New buyAddUnchangedTrim

Institutional Game-State Analysis

Core Intent

CCLM is hunting yield-driven alpha through a brutal contrarian rotation: doubling down on Canadian energy infrastructure (SU, ENB, TRP) and integrated majors (CVX), while systematically trimming domestic banking dominance (RY) and internet growth names (SHOP). The strategy pairs high-conviction cash-flow payers with a targeted mega-cap tech add (GOOGL), using extreme portfolio diversification as a beta-shield to isolate idiosyncratic energy value.

Macro & Fundamentals

Macro bet: energy infrastructure capex cycle and persistent rate premiums sustain yield spreads, dragging capital from overheated tech multiples back into tangible asset cash flows. Opposing thesis: AI capex supercycle justifies perpetual growth valuations while monetary easing re-rates financial equities, making energy’s dividend narrative a terminal value trap.

Blind Spots / Risks

The 1,526-position portfolio with a 0.008 HHI acts as both shield and leash: alpha is structurally diluted across thousands of non-contributing names, while the concentrated energy overlay leaves the book hypersensitive to Canadian regulatory price caps or CAD/USD currency drag that silently bleeds portfolio returns.

Produced with AI assistance from publicly disclosed 13F data. Historical only; not a personalized investment recommendation.

Top 10 holdings by weight

Full holdings list this quarter

Showing top 200 holdings (of 1526 total)

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	RY	Royal Bank Of Canada	Stock-Financials	4.04%	-1.12%	-6.08%
2	AEM	Agnico Eagle Mines LTD	Stock-Materials	2.69%	—	-11.94%
3	TD	Toronto-dominion Bank	Stock-Financials	2.29%	+0.04%	+16.66%
4	SU	Suncor Energy INC	Stock-Energy	2.21%	+1.07%	+48.23%
5	ENB	Enbridge INC	Stock-Energy	2.18%	+0.94%	+76.48%
6	NVDA	Nvidia CORP	Stock-Tech	2.08%	—	+16.98%
7	CM	Can Imperial Bk Of Commerce	Stock-Financials	1.99%	—	-1.05%
8	TRP	Tc Energy CORP	Stock-Energy	1.88%	+0.49%	+35.22%
9	AAPL	Apple INC	Stock-Tech	1.77%	+0.15%	+32.62%
10	SHOP	Shopify INC - Class A	Stock-Tech	1.75%	-0.87%	+2.94%
11	BNS	Bank Of Nova Scotia	Stock-Financials	1.49%	-0.48%	-8.40%
12	PBUS	Invesco Msci USA ETF	ETF-Other	1.45%	—	+6.82%
13	CP	Canadian Pacific Kansas City	Stock-Industrials	1.28%	+0.26%	+34.53%
14	MSFT	Microsoft CORP	Stock-Tech	1.25%	—	+27.00%
15	AMZN	Amazon.com INC	Stock-Consumer Disc	1.17%	—	+21.62%
16	CNI	Canadian Natl Railway Co	Stock-Industrials	1.09%	+0.29%	+49.14%
17	CLS	Celestica INC	Stock-Tech	1.08%	—	+2.58%
18	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	1.02%	+0.43%	+113.39%
19	CCJ	Cameco CORP	Stock-Energy	0.92%	—	-14.58%
20	GOOG	Alphabet Inc-cl C	Stock-Comm Services	0.91%	—	+0.05%
21	B	Barrick Mining CORP	Stock-Materials	0.81%	-0.34%	-14.61%
22	CNQ	Canadian Natural Resources	Stock-Energy	0.75%	+0.22%	+11.56%
23	KGC	Kinross Gold CORP	Stock-Materials	0.75%	—	-12.90%
24	TSM	Taiwan Semiconductor-sp Adr	Stock-Tech	0.66%	—	-5.73%
25	MA	Mastercard INC - A	Stock-Financials	0.66%	+0.18%	+78.71%
26	BMO	Bank Of Montreal	Stock-Financials	0.65%	—	+1.01%
27	ASML	ASML Holding N.V.	Stock-Tech	0.63%	—	-24.40%
28	WCN	Waste Connections INC	Stock-Industrials	0.63%	—	+26.00%
29	FTS	Fortis INC	Stock-Utilities	0.62%	—	+14.18%
30	V	Visa Inc-class A Shares	Stock-Financials	0.59%	—	+11.97%
31	AVGO	Broadcom INC	Stock-Tech	0.58%	—	-14.30%
32	MDA	Mda Space LTD	Stock-Other	0.57%	+0.57%	NEW
33	MCD	Mcdonald's CORP	Stock-Consumer Disc	0.55%	+0.16%	+55.22%
34	LLY	Eli Lilly & Co	Stock-Healthcare	0.54%	+0.32%	+234.11%
35	EFXT	Enerflex LTD	Stock-Other	0.54%	+0.19%	+30.85%
36	CVE	Cenovus Energy INC	Stock-Energy	0.54%	+0.22%	+23.54%
37	META	Meta Platforms Inc-class A	Stock-Comm Services	0.54%	—	+54.42%
38	LRCX	Lam Research CORP	Stock-Tech	0.54%	+0.18%	+34.83%
39	CVX	Chevron CORP	Stock-Energy	0.53%	+0.52%	+2954.19%
40	UNP	Union Pacific CORP	Stock-Industrials	0.52%	—	+26.58%
41	MU	Micron Technology INC	Stock-Tech	0.51%	—	-8.08%
42	MFC	Manulife Financial CORP	Stock-Financials	0.49%	—	-18.86%
43	MS	Morgan Stanley	Stock-Financials	0.47%	—	+69.64%
44	BN	Brookfield CORP	Stock-Financials	0.46%	—	-9.99%
45	COST	Costco Wholesale CORP	Stock-Consumer Staples	0.45%	+0.21%	+84.89%
46	SCHW	Schwab (charles) CORP	Stock-Financials	0.45%	—	+31.08%
47	KMI	Kinder Morgan INC	Stock-Energy	0.44%	—	+33.54%
48	BTE	Baytex Energy CORP	Stock-Other	0.41%	+0.16%	+34.32%
49	SNPS	Synopsys INC	Stock-Tech	0.40%	+0.34%	+757.25%
50	PAAS	Pan American Silver CORP	Stock-Materials	0.39%	—	-22.09%

1–50 of 200

Portfolio Performance

Performance for Q3 2026

+2.4%

Performance Last 4 Quarters

+34.1%

Based on 75% of reported portfolio value with available pricing

Stdev: +15.1%
Beta: +1.03
Alpha: +2.6%
Max Drawdown: -9.3%
Annualized Perf: +22.5%
Batting Avg vs S&P: +58.3%
Sortino: +2.9
Stutzer: +0.42
Treynor: +0.21
Sterling: +1.3
Calmar: +2.42
Information Ratio: +0.44
Tracking Error: +6.9%
Stdev Down: +7.4%
Winning Months %: +63.9%
Losing Months %: +36.1%
Best 12 Months: +49.7%
Worst 12 Months: +7.2%
Efficiency Ratio: +0.59
Sharpe: +1.43
Stdev Sectors: +6.9%
Skewness: +0.01
Kurtosis: -0.48
Upside Potential: +4.62

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	1526	$43.4B	47	1RY 2AEM 3TD Top holdings2026-03-31 1.RY 2.AEM 3.TD 4.SU 5.ENB 6.NVDA 7.CM 8.TRP 9.AAPL 10.SHOP
2025-12-31	1508	$38.1B	52	1RY 2AEM 3SHOP Top holdings2025-12-31 1.RY 2.AEM 3.SHOP 4.TD 5.CM 6.NVDA 7.BNS 8.AAPL 9.PBUS 10.MSFT
2025-09-30	1475	$31.7B	61	1RY 2AEM 3SHOP Top holdings2025-09-30 1.RY 2.AEM 3.SHOP 4.CM 5.TD 6.NVDA 7.PBUS 8.MSFT 9.BNS 10.AAPL
2025-06-30	1486	$28.4B	0	1RY 2AEM 3SHOP Top holdings2025-06-30 1.RY 2.AEM 3.SHOP 4.TD 5.CM 6.NVDA 7.PBUS 8.CNI 9.TRP 10.TRI4EUR
2025-03-31	1383	$22.9B	100	1RY 2AEM 3SHOP Top holdings2025-03-31 1.RY 2.AEM 3.SHOP 4.TD 5.CM 6.ENB 7.WCN 8.TRP 9.TRI4EUR 10.SU
2024-12-31	1386	$22.1B	0	1RY 2SHOP 3CM Top holdings2024-12-31 1.RY 2.SHOP 3.CM 4.TD 5.ENB 6.AEM 7.BNS 8.CNQ 9.TRI4EUR 10.BN
2024-09-30	1400	$20.6B	0	1RY 2CM 3TD Top holdings2024-09-30 1.RY 2.CM 3.TD 4.ENB 5.AEM 6.CNI 7.TRI4EUR 8.SHOP 9.BNS 10.CP
2024-06-30	1345	$23.8B	0	1RY 2MSFT 3AAPL Top holdings2024-06-30 1.RY 2.MSFT 3.AAPL 4.TD 5.NVDA 6.BNS 7.CNI 8.CM 9.CNQ 10.AMZN
2024-03-31	1501	$23.2B	0	1RY 2TD 3BNS Top holdings2024-03-31 1.RY 2.TD 3.BNS 4.AAPL 5.SHOP 6.MSFT 7.CNI 8.CNQ 9.CM 10.BMO
2023-12-31	1352	$21.5B	0	1RY 2TD 3SHOP Top holdings2023-12-31 1.RY 2.TD 3.SHOP 4.AAPL 5.MSFT 6.BNS 7.CNI 8.ENB 9.BMO 10.CNQ
2023-09-30	1335	$19.1B	0	1RY 2TD 3AAPL Top holdings2023-09-30 1.RY 2.TD 3.AAPL 4.CNQ 5.SHOP 6.CNI 7.ENB 8.MSFT 9.BNS 10.CP
2023-06-30	1292	$20.0B	0	1RY 2TD 3SHOP Top holdings2023-06-30 1.RY 2.TD 3.SHOP 4.CNI 5.ENB 6.AAPL 7.BNS 8.MSFT 9.CP 10.TRI4EUR
2023-03-31	1216	$18.5B	0	1RY 2TD 3CNI Top holdings2023-03-31 1.RY 2.TD 3.CNI 4.ENB 5.BNS 6.CP 7.AAPL 8.SHOP 9.TRI 10.WCN
2022-12-31	1178	$17.4B	0	1TD 2RY 3CNI Top holdings2022-12-31 1.TD 2.RY 3.CNI 4.CP 5.ENB 6.BMO 7.BNS 8.WCN 9.TRI 10.TRP
2022-09-30	1088	$15.3B	0	1TD 2RY 3CNI Top holdings2022-09-30 1.TD 2.RY 3.CNI 4.BMO 5.BNS 6.CP 7.WCN 8.ENB 9.TRI 10.NTR
2022-06-30	1022	$16.5B	0	1TD 2RY 3BNS Top holdings2022-06-30 1.TD 2.RY 3.BNS 4.CNI 5.BMO 6.ENB 7.CP 8.TRP 9.WCN 10.CVE
2022-03-31	1014	$20.4B	0	1TD 2RY 3BNS Top holdings2022-03-31 1.TD 2.RY 3.BNS 4.BMO 5.CNI 6.AAPL 7.ENB 8.CP 9.CM 10.TRP
2021-12-31	1064	$20.5B	0	1RY 2TD 3SHOP Top holdings2021-12-31 1.RY 2.TD 3.SHOP 4.BNS 5.BMO 6.CNI 7.AAPL 8.MSFT 9.WCN 10.CP
2021-09-30	1016	$19.2B	0	1RY 2TD 3SHOP Top holdings2021-09-30 1.RY 2.TD 3.SHOP 4.CNI 5.BMO 6.BNS 7.AAPL 8.MSFT 9.ENB 10.TRP
2021-06-30	960	$19.7B	95	1RY 2TD 3SHOP Top holdings2021-06-30 1.RY 2.TD 3.SHOP 4.CNI 5.BMO 6.BNS 7.AAPL 8.ENB 9.MSFT 10.CP
2021-03-31	968	$18.0B	33	1RY 2TD 3CNI Top holdings2021-03-31 1.RY 2.TD 3.CNI 4.SHOP 5.CP 6.AAPL 7.BNS 8.BMO 9.MSFT 10.ENB
2020-12-31	883	$16.9B	35	1RY 2SHOP 3TD Top holdings2020-12-31 1.RY 2.SHOP 3.TD 4.CNI 5.AAPL 6.CP 7.BNS 8.MSFT 9.BMO 10.ENB
2020-09-30	909	$15.0B	40	1RY 2SHOP 3CNI Top holdings2020-09-30 1.RY 2.SHOP 3.CNI 4.TD 5.CP 6.AAPL 7.MSFT 8.ABX 9.AMZN 10.ENB
2020-06-30	993	$14.2B	44	1RY 2SHOP 3CNI Top holdings2020-06-30 1.RY 2.SHOP 3.CNI 4.TD 5.ENB 6.CP 7.MSFT 8.ABX 9.AAPL 10.TRP
2020-03-31	995	$11.2B	87	1RY 2CNI 3TD Top holdings2020-03-31 1.RY 2.CNI 3.TD 4.ENB 5.CP 6.SHOP 7.BNS 8.BCE 9.TRP 10.MSFT
2019-12-31	902	$14.5B	0	1RY 2TD 3CNI Top holdings2019-12-31 1.RY 2.TD 3.CNI 4.SU 5.BNS 6.CP 7.ENB 8.TRP 9.MFC 10.CAE
2019-09-30	943	$14.6B	25	1RY 2TD 3CNI Top holdings2019-09-30 1.RY 2.TD 3.CNI 4.SU 5.BNS 6.CP 7.ENB 8.MFC 9.TRP 10.BCE
2019-06-30	974	$15.6B	31	1RY 2TD 3CNI Top holdings2019-06-30 1.RY 2.TD 3.CNI 4.ENB 5.SU 6.CP 7.BNS 8.BMO 9.TRP 10.MFC
2019-03-31	890	$15.2B	28	1RY 2TD 3CNI Top holdings2019-03-31 1.RY 2.TD 3.CNI 4.SU 5.ENB 6.BNS 7.BMO 8.CP 9.TCPA 10.MFC
2018-12-31	929	$14.7B	38	1RY 2TD 3CNI Top holdings2018-12-31 1.RY 2.TD 3.CNI 4.SU 5.BNS 6.ENB 7.BMO 8.CP 9.39945C 10.TCPA
2018-09-30	904	$17.6B	33	1TD 2RY 3SU Top holdings2018-09-30 1.TD 2.RY 3.SU 4.CNI 5.BNS 6.BMO 7.MFC 8.CP 9.CM 10.TCPA
2018-06-30	1020	$17.8B	34	1TD 2RY 3SU Top holdings2018-06-30 1.TD 2.RY 3.SU 4.BNS 5.CNI 6.BMO 7.MFC 8.CNQ 9.TCPA 10.ENB
2018-03-31	700	$16.5B	28	1RY 2TD 3BNS Top holdings2018-03-31 1.RY 2.TD 3.BNS 4.SU 5.CNI 6.BMO 7.MFC 8.TECK 9.CM 10.TCPA
2017-12-31	767	$17.1B	23	1RY 2TD 3BNS Top holdings2017-12-31 1.RY 2.TD 3.BNS 4.CNI 5.BMO 6.ENB 7.SU 8.TCPA 9.CM 10.MFC
2017-09-30	798	$16.7B	29	1RY 2TD 3BNS Top holdings2017-09-30 1.RY 2.TD 3.BNS 4.CNI 5.ENB 6.BMO 7.TCPA 8.CM 9.MFC 10.SU
2017-06-30	804	$15.2B	28	1RY 2TD 3BNS Top holdings2017-06-30 1.RY 2.TD 3.BNS 4.BMO 5.CNI 6.ENB 7.CM 8.MFC 9.TCPA 10.SU
2017-03-31	891	$15.2B	29	1RY 2TD 3BNS Top holdings2017-03-31 1.RY 2.TD 3.BNS 4.ENB 5.BMO 6.CNI 7.CM 8.SLF 9.TCPA 10.MFC
2016-12-31	874	$14.6B	35	1RY 2TD 3BNS Top holdings2016-12-31 1.RY 2.TD 3.BNS 4.CNI 5.SLF 6.BMO 7.CM 8.TCPA 9.ENB 10.MFC
2016-09-30	826	$14.3B	26	1RY 2TD 3BNS Top holdings2016-09-30 1.RY 2.TD 3.BNS 4.CNI 5.ENB 6.BAM 7.SLF 8.BMO 9.ABX 10.CP
2016-06-30	855	$13.7B	31	1RY 2TD 3BNS Top holdings2016-06-30 1.RY 2.TD 3.BNS 4.CNI 5.BAM 6.SU 7.SLF 8.CNQ 9.FNV 10.ENB
2016-03-31	818	$12.9B	29	1RY 2TD 3CNI Top holdings2016-03-31 1.RY 2.TD 3.CNI 4.BNS 5.BAM 6.SU 7.CNQ 8.39945C 9.SLF 10.BMO
2015-12-31	805	$12.0B	23	1RY 2TD 3CNI Top holdings2015-12-31 1.RY 2.TD 3.CNI 4.SU 5.BAM 6.BNS 7.MFC 8.SLF 9.VALE 10.39945C
2015-09-30	709	$12.3B	35	1RY 2TD 3VALE Top holdings2015-09-30 1.RY 2.TD 3.VALE 4.CNI 5.SU 6.BAM 7.MFC 8.BNS 9.SLF 10.MGA
2015-06-30	615	$11.0B	28	1RY 2VALE 3TD Top holdings2015-06-30 1.RY 2.VALE 3.TD 4.MFC 5.BNS 6.CNI 7.BAM 8.SU 9.CNQ 10.SLF
2015-03-31	558	$11.9B	26	1RY 2TD 3VALE Top holdings2015-03-31 1.RY 2.TD 3.VALE 4.CNI 5.SU 6.BNS 7.MFC 8.BAM 9.CNQ 10.MGA
2014-12-31	569	$12.4B	25	1RY 2TD 3CNI Top holdings2014-12-31 1.RY 2.TD 3.CNI 4.BNS 5.SU 6.MGA 7.MFC 8.CNQ 9.VALE 10.CP
2014-09-30	539	$12.4B	25	1RY 2TD 3BNS Top holdings2014-09-30 1.RY 2.TD 3.BNS 4.CNI 5.SU 6.MGA 7.MFC 8.CNQ 9.CP 10.VALE
2014-06-30	524	$14.1B	24	1RY 2TD 3BNS Top holdings2014-06-30 1.RY 2.TD 3.BNS 4.SU 5.CNI 6.MGA 7.VALE 8.MFC 9.CNQ 10.CP
2014-03-31	667	$13.7B	0	1RY 2TD 3BNS Top holdings2014-03-31 1.RY 2.TD 3.BNS 4.SU 5.VALE 6.MFC 7.MGA 8.CNI 9.CNQ 10.TU

Holding changes this quarter

Connor, Clark & Lunn Investment Management Ltd.'s most significant position changes for 2026-03-31: New buy: Mda Space LTD (MDA); Sold out: Granite Real Estate Investme (GRTUF); Sold out: Astrazeneca Plc-spons Adr (AZNN); New buy: Servicenow INC (NOW); Sold out: Walt Disney Co/the (DIS).

Position changes disclosed by Connor, Clark & Lunn Investment Management Ltd. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	SU	Suncor Energy INC	+1.1%	+48.23%	Add
2	ENB	Enbridge INC	+0.9%	+76.48%	Add
3	CVX	Chevron CORP	+0.5%	+2954.19%	Add
4	TRP	Tc Energy CORP	+0.5%	+35.22%	Add
5	GOOGL	Alphabet Inc-cl A	+0.4%	+113.39%	Add
6	SNPS	Synopsys INC	+0.3%	+757.25%	Add
7	LLY	Eli Lilly & Co	+0.3%	+234.11%	Add
8	NGG	National Grid Plc-sp Adr	+0.3%	+718.66%	Add
9	CNI	Canadian Natl Railway Co	+0.3%	+49.14%	Add
10	LMT	Lockheed Martin CORP	+0.3%	+182.35%	Add
11	CP	Canadian Pacific Kansas City	+0.3%	+34.53%	Add
12	WFC	Wells Fargo & Co	+0.3%	+14929.54%	Add
13	AXP	American Express Co	+0.2%	+3602.19%	Add
14	CNQ	Canadian Natural Resources	+0.2%	+11.56%	Add
15	CVE	Cenovus Energy INC	+0.2%	+23.54%	Add
16	RCI	Rogers Communications Inc-b	+0.2%	+449.01%	Add
17	BKR	Baker Hughes Co	+0.2%	+1253.91%	Add
18	COST	Costco Wholesale CORP	+0.2%	+84.89%	Add
19	BTI	British American Tob-sp Adr	+0.2%	+771.99%	Add
20	VRT	Vertiv Holdings Co-a	+0.2%	+3333.61%	Add
21	EFXT	Enerflex LTD	+0.2%	+30.85%	Add
22	UNH	Unitedhealth Group INC	+0.2%	+182.52%	Add
23	GS	Goldman Sachs Group INC	+0.2%	+11786.68%	Add
24	MA	Mastercard INC - A	+0.2%	+78.71%	Add
25	LRCX	Lam Research CORP	+0.2%	+34.83%	Add
26	MCD	Mcdonald's CORP	+0.2%	+55.22%	Add
27	BTE	Baytex Energy CORP	+0.2%	+34.32%	Add
28	IAG	Iamgold CORP	+0.2%	+73.56%	Add
29	AAPL	Apple INC	+0.2%	+32.62%	Add
30	TD	Toronto-dominion Bank	0%	+16.66%	Add
31	T	At&t INC	-0.2%	-97.25%	Trim
32	NU	Nu Holdings Ltd.	-0.2%	-86.61%	Trim
33	VALE	Vale Sa-sp Adr	-0.3%	-47.34%	Trim
34	GE	General Electric	-0.3%	-38.23%	Trim
35	WMT	Walmart INC	-0.3%	-76.01%	Trim
36	B	Barrick Mining CORP	-0.3%	-14.61%	Trim
37	BAM	Brookfield Asset Mgmt-a	-0.4%	-70.43%	Trim
38	TRI4EUR	Thomson Reuters CORP	-0.4%	-79.69%	Trim
39	ADBE	Adobe INC	-0.4%	-98.01%	Trim
40	BNS	Bank Of Nova Scotia	-0.5%	-8.40%	Trim
41	SHOP	Shopify INC - Class A	-0.9%	+2.94%	Add
42	RY	Royal Bank Of Canada	-1.1%	-6.08%	Trim
43	MDA	Mda Space LTD	—	NEW	New buy
44	GRTUF	Granite Real Estate Investme	—	EXIT	Sold out
45	AZNN	Astrazeneca Plc-spons Adr	—	EXIT	Sold out
46	NOW	Servicenow INC	—	NEW	New buy
47	DIS	Walt Disney Co/the	—	EXIT	Sold out
48	QCOM	Qualcomm INC	—	NEW	New buy
49	CDE	Coeur Mining INC	—	NEW	New buy
50	CI	THE Cigna Group	—	NEW	New buy

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-05-11	13F-HR	View on EDGAR
2025-12-31	2026-02-10	13F-HR	View on EDGAR
2025-09-30	2025-11-13	13F-HR	View on EDGAR
2025-06-30	2025-08-07	13F-HR	View on EDGAR
2025-03-31	2025-05-12	13F-HR	View on EDGAR
2024-12-31	2025-02-10	13F-HR	View on EDGAR
2024-09-30	2024-11-08	13F-HR	View on EDGAR
2024-06-30	2024-08-09	13F-HR	View on EDGAR
2024-03-31	2024-05-09	13F-HR	View on EDGAR
2023-12-31	2024-02-09	13F-HR	View on EDGAR
2023-09-30	2023-11-13	13F-HR	View on EDGAR
2023-06-30	2023-08-10	13F-HR	View on EDGAR
2023-03-31	2023-05-10	13F-HR	View on EDGAR
2022-12-31	2023-02-10	13F-HR	View on EDGAR
2022-09-30	2022-11-10	13F-HR	View on EDGAR
2022-06-30	2022-08-05	13F-HR	View on EDGAR
2022-03-31	2022-05-12	13F-HR	View on EDGAR
2021-12-31	2022-02-10	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	2021-05-13	13F-HR	View on EDGAR
2020-12-31	2021-02-16	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	2020-05-13	13F-HR	View on EDGAR
2019-12-31	2020-03-02	Amendment	View on EDGAR
2019-12-31	2020-02-12	13F-HR	View on EDGAR
2019-09-30	2019-11-13	13F-HR	View on EDGAR
2019-06-30	2019-08-07	13F-HR	View on EDGAR
2019-03-31	2019-05-08	13F-HR	View on EDGAR
2018-12-31	2019-02-12	13F-HR	View on EDGAR
2018-09-30	2018-11-13	13F-HR	View on EDGAR
2018-06-30	2018-08-02	13F-HR	View on EDGAR
2018-03-31	2018-05-14	13F-HR	View on EDGAR
2017-12-31	2018-02-09	13F-HR	View on EDGAR
2017-09-30	2017-11-14	13F-HR	View on EDGAR
2017-06-30	2017-08-14	13F-HR	View on EDGAR
2017-03-31	2017-05-15	13F-HR	View on EDGAR
2016-12-31	2017-02-13	13F-HR	View on EDGAR
2016-09-30	2016-11-15	13F-HR	View on EDGAR
2016-06-30	2016-08-15	13F-HR	View on EDGAR
2016-03-31	2016-05-13	13F-HR	View on EDGAR
2015-12-31	2016-02-11	13F-HR	View on EDGAR
2015-09-30	2015-11-13	13F-HR	View on EDGAR
2015-06-30	2015-08-14	13F-HR	View on EDGAR
2015-03-31	2015-05-22	Amendment	View on EDGAR
2015-03-31	2015-05-14	13F-HR	View on EDGAR
2014-12-31	2015-06-02	Amendment	View on EDGAR
2014-12-31	2015-02-12	13F-HR	View on EDGAR
2014-09-30	2015-06-02	Amendment	View on EDGAR
2014-09-30	2014-11-14	13F-HR	View on EDGAR
2014-06-30	2014-08-14	13F-HR	View on EDGAR
2014-03-31	2014-08-14	Amendment	View on EDGAR
2014-03-31	2014-05-14	13F-HR	View on EDGAR

FAQ

What is Connor, Clark & Lunn Investment Management Ltd. and what type of investor is it?

Connor, Clark & Lunn Investment Management Ltd. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $43.4B, spread across 1526 disclosed positions.

What are Connor, Clark & Lunn Investment Management Ltd.'s largest equity positions?

Based on the latest 13F filing, Connor, Clark & Lunn Investment Management Ltd.'s top holdings by market value are: 1. Royal Bank Of Canada (RY) — $1.8B (4.0%) 2. Agnico Eagle Mines LTD (AEM) — $1.2B (2.7%) 3. Toronto-dominion Bank (TD) — $992.6M (2.3%) 4. Suncor Energy INC (SU) — $960.5M (2.2%) 5. Enbridge INC (ENB) — $944.4M (2.2%)

What changes did Connor, Clark & Lunn Investment Management Ltd. make in its most recent portfolio filing?

In the latest reported quarter, Connor, Clark & Lunn Investment Management Ltd. made 50 notable position adjustments: 5 new positions were initiated, 31 existing holdings were added to, 11 positions were partially reduced, and 3 were completely exited. The largest of these moves: New buy: Mda Space LTD (MDA); Sold out: Granite Real Estate Investme (GRTUF); Sold out: Astrazeneca Plc-spons Adr (AZNN); New buy: Servicenow INC (NOW); Sold out: Walt Disney Co/the (DIS)

What sectors does Connor, Clark & Lunn Investment Management Ltd. focus on?

Connor, Clark & Lunn Investment Management Ltd. is concentrated in the following sectors based on its current disclosed equity portfolio: • Financials: 23.1% • Information Technology: 19.8% • Energy: 14.7% • Industrials: 9.8% • Materials: 9.0% • Consumer Discretionary: 7.8%

Peer Institutions

Institutions with a similar AUM

State Of Wisconsin Investment Board

CIK 0000854157

Total reported value

$43.7B

2,491 stks

2026-03-31

Concentration4.2

Portfolio Stability17.1

Sector conviction45.3

AUM within 0.7% of this institution

View detail

Wcm Investment Management, LLC

CIK 0001061186

Total reported value

$43.8B

291 stks

2026-03-31

Concentration11.4

Portfolio Stability34.9

Sector conviction54.2

AUM within 0.9% of this institution

View detail

Akuna Securities LLC

CIK 0001529090

Total reported value

$44.1B

32 stks

2026-03-31

Concentration91.6

Portfolio Stability52.7

Sector conviction100.0

AUM within 1.7% of this institution

View detail

Similar Holdings Style

Institutions with overlapping top holdings

Guardian Capital LP

CIK 0001224324

Total reported value

$3.8B

240 stks

2026-03-31

Concentration8.8

Portfolio Stability23.6

Sector conviction46.4

4 of the top 5 holdings overlap, including Royal Bank Of Canada

View detail

I.g. Investment Management, LTD.

CIK 0000898581

Total reported value

$19.5B

426 stks

2017-09-30

Stale — no recent filing

Concentration11.5

Portfolio Stability21.2

Sector conviction47.8

3 of the top 5 holdings overlap, including Royal Bank Of Canada

View detail