CDPQ (Caisse de Depot) Portfolio
CDPQ (Caisse de Depot) 13F filer (CIK 0000898286).
Q2 2024 · 452 positions · Total reported value $40.79B · Top-10 concentration 30.4%
Turnover: 60.3% · 110 new · 277 cut · 92 exited
Active Share (vs S&P 500): 47.5% · vs QQQ: 66.0% — share of the book that differs from index weights (higher = more active) · ranking
In its Q2 2024 13F filing, CDPQ (Caisse de Depot) disclosed 452 equity positions with a combined reported value of $40.79B. The filing implies a moderately concentrated portfolio: its ten largest positions account for 30.4% of reported value. HoldingsHub classifies the profile as Large / High Turnover.
The largest disclosed positions as of Q2 2024 were MSFT ($1.95B), NVDA ($1.87B), AAPL ($1.71B). By sector, the heaviest allocations are Technology 29.0%, Consumer Discretionary 20.8%. Versus the prior quarter, allocation shifted toward Technology (+2.0pp) and away from Health Care (-1.1pp), Other (-1.3pp).
Versus the prior quarter, CDPQ (Caisse de Depot) opened 110 new positions, trimmed 277 and fully exited 92, a turnover rate of 60.3% of positions. The portfolio's overlap with the prior quarter was 69% of names.
Figures come from the fund's SEC Form 13F filing. 13F reports are filed within 45 days of quarter end and cover long positions of $100,000 or more; they exclude short positions and non-13F asset classes, so treat this page as a quarter-end snapshot rather than the fund's live book.
Sector Allocation
| # | Symbol | Company | Shares | Value | Weight | Change |
|---|---|---|---|---|---|---|
| 1 | MSFT | MICROSOFT CORP | 4.36M | $1.95B | 4.77% | Hold |
| 2 | NVDA | NVIDIA CORPORATION | 15.13M | $1.87B | 4.58% | Add |
| 3 | AAPL | APPLE INC | 8.11M | $1.71B | 4.19% | Add |
| 4 | GIB | CGI INC | 16.06M | $1.60B | 3.93% | Reduce |
| 5 | CNI | CANADIAN NATL RY CO | 12.50M | $1.48B | 3.62% | Hold |
| 6 | META | META PLATFORMS INC. CLASS A | 1.71M | $863.23M | 2.12% | Reduce |
| 7 | AMZN | AMAZON COM INC | 4.25M | $820.52M | 2.01% | Add |
| 8 | GOOGL | ALPHABET INC | 4.33M | $787.88M | 1.93% | Reduce |
| 9 | MA | MASTERCARD INCORPORATED | 1.62M | $713.18M | 1.75% | Reduce |
| 10 | LLY | ELI LILLY & CO | 685.86K | $620.97M | 1.52% | Reduce |
| 11 | GOOG | ALPHABET INC | 2.98M | $547.14M | 1.34% | Add |
| 12 | BCE | BCE INC | 16.74M | $541.99M | 1.33% | Reduce |
| 13 | CSCO | CISCO SYS INC | 10.98M | $521.59M | 1.28% | Reduce |
| 14 | BRKB | BERKSHIRE HATHAWAY INC DEL | 1.18M | $479.43M | 1.18% | Add |
| 15 | CAE | CAE INC | 24.60M | $456.90M | 1.12% | Hold |
| 16 | BMO | BANK MONTREAL MEDIUM | 5.42M | $454.80M | 1.11% | Reduce |
| 17 | MCK | MCKESSON CORP | 692.74K | $404.59M | 0.99% | Add |
| 18 | MRK | MERCK & CO INC | 3.19M | $395.43M | 0.97% | Reduce |
| 19 | TFII | TFI INTERNATIONAL INC | 2.63M | $382.41M | 0.94% | Add |
| 20 | VZ | VERIZON COMMUNICATIONS INC. | 9.25M | $381.64M | 0.94% | Add |
| 21 | XLF | SELECT SECTOR SPDR TR | 26.74M | $378.78M | 0.93% | Add |
| 22 | JNJ | JOHNSON & JOHNSON | 2.54M | $371.08M | 0.91% | Reduce |
| 23 | ELV | ELEVANCE HEALTH INC FORMERLY | 618.08K | $334.91M | 0.82% | Add |
| 24 | LSPD | LIGHTSPEED COMMERCE INC | 24.29M | $331.90M | 0.81% | Hold |
| 25 | PFE | PFIZER INC | 10.85M | $303.71M | 0.74% | Reduce |
| 26 | COST | COSTCO WHOLESALE CORPORATION | 353.93K | $300.84M | 0.74% | Reduce |
| 27 | AMAT | APPLIED MATLS INC | 1.27M | $298.55M | 0.73% | Add |
| 28 | JPM | JPMORGAN CHASE & CO | 1.39M | $281.22M | 0.69% | Add |
| 29 | CRM | SALESFORCE INC | 1.09M | $280.44M | 0.69% | Add |
| 30 | RSG | REPUBLIC SVCS INC | 1.41M | $274.86M | 0.67% | Add |
| 31 | T | AT&T INC | 13.94M | $266.32M | 0.65% | Reduce |
| 32 | CL | COLGATE PALMOLIVE CO | 2.70M | $261.53M | 0.64% | Reduce |
| 33 | VRTX | VERTEX PHARMACEUTICALS INCORPORATED | 555.66K | $260.45M | 0.64% | Reduce |
| 34 | WMT | WALMART INC | 3.80M | $257.46M | 0.63% | Add |
| 35 | V | VISA INC | 978.39K | $256.80M | 0.63% | Reduce |
| 36 | INTC | INTEL CORP | 7.90M | $244.67M | 0.60% | Hold |
| 37 | DUK | DUKE ENERGY CORP NEW | 2.42M | $242.93M | 0.60% | Add |
| 38 | MRSH | MARSH & MCLENNAN COS INC | 1.14M | $239.67M | 0.59% | Reduce |
| 39 | VNQ | VANGUARD INDEX FDS | 2.84M | $238.04M | 0.58% | Reduce |
| 40 | XLP | SELECT SECTOR SPDR TR | 3.04M | $233.03M | 0.57% | Reduce |
| 41 | AZO | AUTOZONE INC. | 78.00K | $231.21M | 0.57% | Add |
| 42 | CMCSA | COMCAST CORP NEW | 5.89M | $230.52M | 0.56% | Add |
| 43 | AVGO | BROADCOM INC | 142.22K | $228.34M | 0.56% | Reduce |
| 44 | UNH | UNITEDHEALTH GROUP INCORPORATED | 448.22K | $228.26M | 0.56% | Reduce |
| 45 | NFLX | NETFLIX INC. | 321.86K | $217.21M | 0.53% | Add |
| 46 | ADBE | ADOBE INC | 390.64K | $217.02M | 0.53% | Reduce |
| 47 | PEP | PEPSICO INC | 1.28M | $211.80M | 0.52% | Add |
| 48 | RY | ROYAL BK CDA | 1.98M | $210.40M | 0.52% | Hold |
| 49 | LEN | LENNAR CORP | 1.39M | $207.88M | 0.51% | Add |
| 50 | CB | CHUBB LIMITED | 782.92K | $199.71M | 0.49% | Add |