CAISSE DE DEPOT ET PLACEMENT DU QUEBEC

Fund of Funds

CAISSE DE DEPOT ET PLACEMENT DU QUEBEC is a Fund of Funds based in New York, NY led by Neil David Blundell, managing $55.5B across 539 long positions as of Q3 2025 with NVDA as the largest holding (5% allocation).

CIONeil David Blundell

Portfolio Value: $55.5B
Positions: 539
Top Holding: NVDA at 4.97%
Last Reported: Q3 2025

Address527 Madison Avenue, 12th Floor, New York, NY, 10022, United States

Top Holdings

Largest long holdings in CAISSE DE DEPOT ET PLACEMENT DU QUEBEC's portfolio (28.4% of total portfolio)

See all holdings

GthenH

Holding	Sector	Market Value	Weight	Ownership	Owned Since
1 Nvidia NVDA	Semiconductors Technology	$2.8B	4.97%	0.06% 14.8M shares	Q1 2016 Held for 9y 8m
2 Microsoft MSFT	Software - Infrastructure Technology	$2.5B	4.58%	0.07% 4.9M shares	≤ Q2 2013 Held for 12y 5m+
3 Apple AAPL	Consumer Electronics Technology	$2.4B	4.38%	0.06% 9.6M shares	≤ Q2 2013 Held for 12y 5m+
4 CGI GIB	Information Technology Services Technology	$1.5B	2.62%	7.31% 16.3M shares	Q1 2019 Held for 6y 8m
5 Alphabet Inc. GOOGL	Internet Content & Information Communication Services	$1.3B	2.37%	0.04% 5.4M shares	≤ Q2 2013 Held for 12y 5m+
6 Canadian National Railway CNI	Railroads Industrials	$1.3B	2.36%	2.23% 13.9M shares	≤ Q2 2013 Held for 12y 5m+
7 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$1.2B	2.16%	0.06% 1.6M shares	≤ Q2 2013 Held for 12y 5m+
8 Amazon AMZN	Specialty Retail Consumer Cyclical	$1.0B	1.89%	0.04% 4.8M shares	≤ Q2 2013 Held for 12y 5m+
9 CAE CAE	Aerospace & Defense Industrials	$915.7M	1.65%	9.64% 30.9M shares	≤ Q2 2013 Held for 12y 5m+
10 Berkshire Hathaway BRK.B	Insurance - Diversified Financial Services	$797.3M	1.44%	0.07% 1.6M shares	Q4 2019 Held for 5y 11m

See all holdings

GthenH

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in CAISSE DE DEPOT ET PLACEMENT DU QUEBEC's latest filing

See all changes

GthenC

Market Value

$55.5B

Prior: $46.8B

Q/Q Change

+18.48%

+$8.7B

Net Flows % of MV

+7.78%

Turnover Ratio

12.11%

New Purchases

20 stocks

$643.3M

Added To

244 stocks

+$8.2B

Sold Out Of

52 stocks

$863.4M

Reduced Holdings

169 stocks

-$3.7B

Increased Positions

Position	Shares Δ	Change
1 iShares Broad USD High Yield Corporate Bond USHY	New	0 → 7.6M +$285.5M
2 iShares MSCI USA Value Factor VLUE	New	0 → 1.5M +$187.1M
3 Barnes Group B	New	0 → 1.3M +$41.5M
4 Insmed INSM	New	0 → 164.4K +$23.7M
5 Gentex GNTX	New	0 → 792.2K +$22.4M

Decreased Positions

Position	Shares Δ	Change
1 Waste Connections WCN	Sold	709.0K → 0 −$132.3M
2 iShares MSCI USA Min Vol Factor USMV	Sold	1.3M → 0 −$122.5M
3 Eversource Energy ES	Sold	873.5K → 0 −$55.6M
4 iShares Core S&P 500 ETF IVV	Sold	85.0K → 0 −$52.8M
5 Sandstorm Gold SAND	Sold	4.6M → 0 −$42.9M

See all changes

GthenC

Analytics

Portfolio insights and performance metrics for CAISSE DE DEPOT ET PLACEMENT DU QUEBEC

View analytics

GthenA

Sector Allocation

Technology

29.30%

Financial Services

14.00%

Industrials

12.60%

Healthcare

9.90%

Communication Services

9.50%

Consumer Cyclical

8.00%

Consumer Defensive

4.60%

ETF

3.70%

Basic Materials

2.90%

Utilities

2.40%

Real Estate

1.40%

Energy

1.30%

Market Cap Distribution

Mega Cap (> $200B)

40.91%

Large Cap ($10B - $200B)

48.24%

Mid Cap ($2B - $10B)

5.28%

Small Cap ($300M - $2B)

0.51%

Micro Cap ($50M - $300M)

0.09%

Nano Cap (< $50M)

0.87%

N/A (ETF or Unknown)

4.11%

Portfolio Concentration

Top 10 Holdings %

28.41%

Top 20 Holdings %

39.71%

Top 50 Holdings %

56.24%

Top 100 Holdings %

71.13%