Connor, Clark & Lunn Investment Management Ltd.

CIK: 0001596800SEC EDGAR →

Portfolio Value

$38.1B

Holdings

1,508

As of

Q4 2025

New Positions

280

Closed Positions

289

Portfolio Value History

Top 10 Holdings

Rank	Stock	Shares	Value	% of Portfolio
1	RY ROYAL BK CDA	11,535,677	$2.0T	5156.05%
2	AEM AGNICO EAGLE MINES LTD	6,529,513	$1.1T	2903.23%
3	SHOP SHOPIFY INC	6,202,273	$998.0B	2617.36%
4	TD TORONTO DOMINION BK ONT	9,120,801	$859.0B	2252.82%
5	CM CANADIAN IMPERIAL BANK OF CO	9,231,352	$836.0B	2192.50%
6	NVDA NVIDIA CORPORATION	4,428,811	$825.0B	2163.65%
7	BNS BANK NOVA SCOTIA HALIFAX	10,187,643	$751.0B	1969.58%
8	AAPL APPLE INC	2,278,198	$619.0B	1623.39%
9	PBUS INVESCO EXCH TRADED FD TR II	9,010,335	$616.0B	1615.53%
10	MSFT MICROSOFT CORP	1,151,601	$556.0B	1458.17%

Quarterly Changes

Top Buys

RY↑ Increased

$323.3B

BNS↑ Increased

$253.8B

ASML↑ Increased

$248.1B

GE↑ Increased

$208.0B

AVGO↑ Increased

$166.4B

Top Sells

NFLX↓ Decreased

$163.2B

TRI↓ Decreased

$151.6B

4I1↓ Decreased

$115.0B

DASH↓ Decreased

$113.8B

CRC↓ Decreased

$104.3B

New Positions (350)

MLB1

$136.0B · 68K shares

ETN

$124.0B · 392K shares

$78.0B · 790K shares

$57.0B · 224K shares

$55.0B · 208K shares

$49.0B · 1.0M shares

$47.0B · 3.6M shares

$43.0B · 265K shares

$39.0B · 230K shares

$38.0B · 206K shares

$35.0B · 2.4M shares

$35.0B · 224K shares

$32.0B · 501K shares

$28.0B · 32K shares

$27.0B · 86K shares

$27.0B · 150K shares

$26.0B · 1.7M shares

$24.0B · 51K shares

$24.0B · 791K shares

$23.0B · 174K shares

$22.0B · 204K shares

$22.0B · 204K shares

$20.0B · 441K shares

$20.0B · 122K shares

$18.0B · 7.9M shares

$18.0B · 1.2M shares

$17.0B · 782K shares

$17.0B · 268K shares

$17.0B · 243K shares

$17.0B · 357K shares

$16.0B · 460K shares

$16.0B · 580K shares

$16.0B · 249K shares

KMB

$16.0B · 167K shares

$15.0B · 35K shares

$15.0B · 114K shares

$14.0B · 591K shares

$14.0B · 240K shares

$14.0B · 882K shares

$13.0B · 33K shares

$13.0B · 162K shares

$13.0B · 206K shares

$13.0B · 64K shares

$13.0B · 42K shares

$12.0B · 327K shares

$12.0B · 327K shares

$11.0B · 1.2M shares

$11.0B · 186K shares

$11.0B · 2.0M shares

$11.0B · 106K shares

$10.0B · 134K shares

$10.0B · 58K shares

$10.0B · 272K shares

$10.0B · 96K shares

$9.0B · 2.3M shares

$9.0B · 82K shares

$8.0B · 184K shares

$8.0B · 239K shares

$8.0B · 88K shares

$8.0B · 286K shares

$8.0B · 571K shares

$8.0B · 507K shares

$8.0B · 762K shares

$8.0B · 435K shares

$7.0B · 397K shares

$7.0B · 32K shares

$7.0B · 53K shares

$7.0B · 71K shares

$7.0B · 87K shares

$7.0B · 59K shares

$7.0B · 54K shares

$7.0B · 43K shares

$6.0B · 63K shares

$6.0B · 250K shares

$6.0B · 29K shares

$6.0B · 75K shares

$6.0B · 1.4M shares

$6.0B · 176K shares

$5.0B · 75K shares

$5.0B · 374K shares

$5.0B · 46K shares

$5.0B · 122K shares

$5.0B · 9K shares

$5.0B · 147K shares

$5.0B · 125K shares

$5.0B · 331K shares

$5.0B · 59K shares

$5.0B · 590K shares

$5.0B · 36K shares

$5.0B · 886K shares

$5.0B · 41K shares

$5.0B · 275K shares

$5.0B · 126K shares

$5.0B · 233K shares

$5.0B · 137K shares

$5.0B · 12K shares

$4.0B · 189K shares

$4.0B · 83K shares

$4.0B · 77K shares

$4.0B · 73K shares

$4.0B · 301K shares

$4.0B · 92K shares

$4.0B · 295K shares

$4.0B · 31K shares

$4.0B · 27K shares

$4.0B · 39K shares

$4.0B · 110K shares

$4.0B · 55K shares

$4.0B · 756K shares

$4.0B · 56K shares

$3.0B · 58K shares

$3.0B · 32K shares

$3.0B · 58K shares

$3.0B · 94K shares

$3.0B · 102K shares

$3.0B · 36K shares

$3.0B · 135K shares

$3.0B · 16K shares

$3.0B · 121K shares

$3.0B · 37K shares

$3.0B · 44K shares

$3.0B · 165K shares

$3.0B · 68K shares

$3.0B · 118K shares

$3.0B · 390K shares

$3.0B · 75K shares

$2.0B · 42K shares

$2.0B · 51K shares

$2.0B · 19K shares

$2.0B · 27K shares

$2.0B · 32K shares

$2.0B · 5K shares

$2.0B · 27K shares

$2.0B · 34K shares

$2.0B · 19K shares

$2.0B · 52K shares

$2.0B · 10K shares

$2.0B · 44K shares

$2.0B · 192K shares

$2.0B · 9K shares

$2.0B · 82K shares

$2.0B · 38K shares

$2.0B · 19K shares

$2.0B · 30K shares

$2.0B · 497K shares

$2.0B · 80K shares

$2.0B · 20K shares

$2.0B · 7K shares

$2.0B · 173K shares

$2.0B · 25K shares

$2.0B · 260K shares

$2.0B · 144K shares

$2.0B · 56K shares

$1.0B · 7K shares

$1.0B · 8K shares

$1.0B · 70K shares

$1.0B · 302K shares

$1.0B · 7K shares

$1.0B · 12K shares

$1.0B · 19K shares

$1.0B · 7K shares

$1.0B · 7K shares

$1.0B · 17K shares

EX9

$1.0B · 32K shares

USFD

$1.0B · 19K shares

SLP

$1.0B · 66K shares

$1.0B · 7K shares

$1.0B · 209K shares

$1.0B · 9K shares

$1.0B · 7K shares

$1.0B · 54K shares

CENTRAIS ELET BRAS SA

$1.0B · 179K shares

$1.0B · 68K shares

$1.0B · 20K shares

$1.0B · 192K shares

$1.0B · 43K shares

$1.0B · 46K shares

$1.0B · 129K shares

$1.0B · 11K shares

$1.0B · 49K shares

$1.0B · 8K shares

$1.0B · 6K shares

$1.0B · 49K shares

$1.0B · 71K shares

$1.0B · 80K shares

$1.0B · 14K shares

$1.0B · 459K shares

$1.0B · 69K shares

$1.0B · 75K shares

$1.0B · 32K shares

$1.0B · 121K shares

$1.0B · 14K shares

$1.0B · 28K shares

$1.0B · 13K shares

$1.0B · 67K shares

$1.0B · 43K shares

$1.0B · 27K shares

$1.0B · 29K shares

$1.0B · 14K shares

$1.0B · 16K shares

$1.0B · 24K shares

$1.0B · 6K shares

$1.0B · 71K shares

$1.0B · 92K shares

$1.0B · 192K shares

$1.0B · 126K shares

$1.0B · 38K shares

$1.0B · 71K shares

$1.0B · 13K shares

$1.0B · 43K shares

$1.0B · 431K shares

$0 · 21K shares

$0 · 34K shares

$0 · 3K shares

$0 · 11K shares

$0 · 3K shares

$0 · 29K shares

$0 · 10K shares

$0 · 40K shares

$0 · 11K shares

$0 · 36K shares

$0 · 13K shares

$0 · 101K shares

$0 · 78K shares

$0 · 12K shares

$0 · 12K shares

$0 · 14K shares

$0 · 7K shares

$0 · 57K shares

$0 · 6K shares

$0 · 4K shares

$0 · 26 shares

$0 · 13K shares

$0 · 34K shares

$0 · 2K shares

$0 · 58K shares

$0 · 15K shares

$0 · 2K shares

$0 · 24K shares

$0 · 17K shares

$0 · 18K shares

$0 · 3K shares

$0 · 17K shares

$0 · 20K shares

$0 · 38K shares

$0 · 6K shares

$0 · 24K shares

$0 · 28K shares

$0 · 10K shares

$0 · 34K shares

$0 · 47K shares

$0 · 38K shares

$0 · 29K shares

$0 · 37K shares

$0 · 20K shares

$0 · 25K shares

$0 · 40K shares

$0 · 10K shares

$0 · 2K shares

$0 · 7K shares

$0 · 21K shares

$0 · 6K shares

$0 · 2K shares

$0 · 23K shares

$0 · 20K shares

$0 · 8K shares

$0 · 9K shares

$0 · 19K shares

$0 · 936 shares

$0 · 8K shares

$0 · 15K shares

$0 · 9K shares

AMTECH SYS INC

$0 · 67K shares

$0 · 13K shares

$0 · 21K shares

$0 · 30K shares

$0 · 39K shares

$0 · 3K shares

$0 · 11K shares

$0 · 15K shares

$0 · 32K shares

$0 · 111K shares

$0 · 2K shares

$0 · 11K shares

$0 · 9K shares

$0 · 3K shares

$0 · 6K shares

$0 · 1K shares

$0 · 63K shares

$0 · 17K shares

$0 · 5K shares

$0 · 35K shares

$0 · 46K shares

$0 · 10K shares

$0 · 66K shares

$0 · 3K shares

$0 · 7K shares

$0 · 16K shares

$0 · 9K shares

$0 · 10K shares

PKG

$0 · 2K shares

FISI

$0 · 9K shares

$0 · 82K shares

$0 · 14K shares

$0 · 16K shares

$0 · 21K shares

$0 · 133K shares

$0 · 10K shares

$0 · 11K shares

$0 · 36K shares

$0 · 877 shares

$0 · 26K shares

$0 · 39K shares

$0 · 6K shares

$0 · 10K shares

$0 · 24K shares

$0 · 53K shares

$0 · 1K shares

$0 · 13K shares

$0 · 34K shares

$0 · 17K shares

$0 · 8K shares

$0 · 403K shares

$0 · 89K shares

$0 · 17K shares

$0 · 1K shares

$0 · 10K shares

$0 · 16K shares

$0 · 3K shares

$0 · 68K shares

$0 · 640 shares

$0 · 3K shares

$0 · 15K shares

$0 · 84K shares

$0 · 17K shares

$0 · 51K shares

$0 · 46K shares

$0 · 19K shares

$0 · 5K shares

$0 · 60K shares

$0 · 30K shares

$0 · 92K shares

$0 · 29K shares

$0 · 24K shares

$0 · 16K shares

$0 · 5K shares

$0 · 14K shares

$0 · 19K shares

$0 · 22K shares

$0 · 9K shares

Closed Positions (317)

MRVL

$100.5B · 1.2M shares

$87.4B · 1.9M shares

$72.1B · 232K shares

$66.8B · 326K shares

$63.5B · 265K shares

$63.5B · 188K shares

$56.4B · 476K shares

$52.7B · 73K shares

$52.4B · 10K shares

$51.9B · 8.6M shares

$47.1B · 1.7M shares

$40.8B · 609K shares

$38.4B · 231K shares

$38.4B · 390K shares

$37.7B · 199K shares

$37.0B · 781K shares

$36.6B · 613K shares

$35.5B · 396K shares

$32.5B · 680K shares

$32.2B · 1.2M shares

$28.8B · 68K shares

$26.8B · 6K shares

$25.5B · 27K shares

$25.2B · 60K shares

$23.1B · 132K shares

$23.0B · 84K shares

$21.2B · 391K shares

$21.0B · 352K shares

$20.9B · 65K shares

$19.6B · 2.5M shares

$18.4B · 1.1M shares

$16.4B · 117K shares

$16.2B · 99K shares

$15.5B · 106K shares

$14.3B · 76K shares

$14.1B · 46K shares

$12.9B · 155K shares

$12.8B · 396K shares

$12.5B · 48K shares

$12.3B · 20K shares

$12.1B · 410K shares

$10.7B · 467K shares

$10.4B · 61K shares

$10.2B · 118K shares

$10.1B · 134K shares

$9.7B · 98K shares

$9.5B · 21K shares

$9.4B · 111K shares

$9.0B · 26K shares

$8.9B · 191K shares

$8.7B · 220K shares

$8.6B · 121K shares

$8.2B · 434K shares

$8.2B · 450K shares

$8.0B · 464K shares

$8.0B · 1.5M shares

$7.9B · 628K shares

$7.8B · 216K shares

$7.7B · 56K shares

$7.5B · 615K shares

$7.4B · 52K shares

$7.2B · 322K shares

$7.1B · 260K shares

$6.9B · 605K shares

$6.7B · 133K shares

$6.2B · 623K shares

$6.1B · 67K shares

$5.9B · 214K shares

$5.9B · 167K shares

$5.8B · 108K shares

$5.8B · 77K shares

$5.7B · 38K shares

$5.3B · 78K shares

$5.2B · 213K shares

$4.8B · 284K shares

$4.6B · 56K shares

$4.5B · 45K shares

$4.5B · 22K shares

$4.4B · 124K shares

$4.3B · 124K shares

MNRO

$4.2B · 236K shares

LNWO

$4.2B · 50K shares

UI2

$4.2B · 81K shares

$4.1B · 43K shares

$4.1B · 44K shares

$3.7B · 28K shares

$3.7B · 278K shares

$3.7B · 70K shares

$3.7B · 5K shares

$3.6B · 128K shares

$3.5B · 174K shares

$3.5B · 136K shares

$3.4B · 13K shares

$3.2B · 4K shares

$3.1B · 19K shares

$3.1B · 18K shares

$3.1B · 25K shares

$3.0B · 385K shares

$2.9B · 14K shares

$2.9B · 165K shares

$2.8B · 34K shares

$2.7B · 94K shares

$2.6B · 11K shares

$2.6B · 8K shares

SYNA

$2.6B · 38K shares

SKM

$2.5B · 117K shares

$2.5B · 29K shares

$2.5B · 13K shares

$2.4B · 27K shares

$2.4B · 9K shares

$2.4B · 5K shares

$2.4B · 37K shares

$2.3B · 22K shares

$2.3B · 749K shares

$2.3B · 112K shares

$2.3B · 67K shares

$2.3B · 66K shares

$2.2B · 20K shares

$2.2B · 11K shares

$2.1B · 38K shares

$2.1B · 7K shares

$2.0B · 107K shares

$2.0B · 10K shares

$1.9B · 74K shares

$1.9B · 50K shares

$1.8B · 98K shares

$1.7B · 10K shares

$1.7B · 449K shares

$1.7B · 14K shares

$1.7B · 31K shares

$1.7B · 30K shares

$1.7B · 97K shares

$1.6B · 81K shares

$1.6B · 91K shares

$1.6B · 32K shares

$1.6B · 6K shares

$1.6B · 40K shares

$1.6B · 38K shares

$1.5B · 13K shares

$1.5B · 69K shares

$1.4B · 23K shares

$1.4B · 11K shares

$1.4B · 21K shares

$1.3B · 51K shares

$1.3B · 36K shares

$1.3B · 58K shares

$1.3B · 45K shares

$1.3B · 6K shares

$1.3B · 129K shares

$1.2B · 17K shares

$1.2B · 1.0M shares

$1.2B · 32K shares

$1.2B · 29K shares

$1.2B · 32K shares

$1.1B · 104K shares

$1.1B · 43K shares

$1.1B · 65K shares

$1.1B · 18K shares

$1.1B · 23K shares

$1.1B · 27K shares

$1.1B · 66K shares

$1.1B · 2K shares

$1.1B · 18K shares

$1.1B · 28K shares

$1.1B · 26K shares

$1.1B · 150K shares

$1.1B · 13K shares

$1.0B · 35K shares

$1.0B · 133K shares

$998.4M · 33K shares

$989.7M · 100K shares

$951.3M · 10K shares

$950.7M · 35K shares

$945.2M · 9K shares

$941.8M · 9K shares

$941.4M · 38K shares

$931.7M · 11K shares

$930.9M · 12K shares

$929.2M · 17K shares

$890.9M · 14K shares

$889.8M · 31K shares

$865.0M · 24K shares

$858.2M · 34K shares

$856.4M · 37K shares

$854.3M · 31K shares

APPS

$830.7M · 130K shares

$830.4M · 58K shares

$813.6M · 10K shares

$804.5M · 27K shares

$789.1M · 24K shares

$778.6M · 36K shares

$769.9M · 4K shares

$760.6M · 275K shares

OFG

$752.9M · 17K shares

$747.1M · 10K shares

LYG

$737.3M · 162K shares

$727.9M · 5K shares

$726.7M · 49K shares

$725.2M · 28K shares

$718.3M · 3K shares

$716.3M · 24K shares

$707.0M · 23K shares

$677.2M · 31K shares

$673.5M · 25K shares

$673.1M · 49K shares

$665.3M · 2K shares

$661.1M · 8K shares

$661.0M · 15K shares

PUBM

$637.9M · 77K shares

HUBG

$628.5M · 18K shares

PPC

$626.5M · 15K shares

$608.3M · 35K shares

$597.1M · 3K shares

$569.9M · 6K shares

$568.4M · 62K shares

$560.9M · 44K shares

$559.6M · 146K shares

$557.0M · 20K shares

$549.7M · 59K shares

$548.7M · 4K shares

$548.2M · 2K shares

$540.7M · 4K shares

$538.4M · 45K shares

$538.1M · 16K shares

$533.6M · 54K shares

$529.3M · 23K shares

$527.2M · 14K shares

$521.1M · 5K shares

$518.1M · 13K shares

$516.9M · 5K shares

$515.2M · 47K shares

$510.3M · 8K shares

$509.2M · 81K shares

$498.0M · 5K shares

$495.9M · 109K shares

$495.3M · 11K shares

$490.7M · 6K shares

$490.1M · 9K shares

$487.8M · 5K shares

$480.5M · 3K shares

$479.8M · 8K shares

URC

$474.1M · 110K shares

$468.4M · 4K shares

$463.0M · 10K shares

$432.1M · 29K shares

$428.6M · 7K shares

$425.7M · 6K shares

$425.3M · 2K shares

$425.2M · 3K shares

$423.8M · 268K shares

EPC

$416.6M · 20K shares

DLTR

$413.5M · 4K shares

$411.0M · 757 shares

$400.9M · 16K shares

$399.1M · 5K shares

$390.2M · 9K shares

$384.2M · 20K shares

$370.5M · 8K shares

$370.2M · 93K shares

$368.9M · 18K shares

$355.7M · 20K shares

$347.3M · 372 shares

$347.1M · 6K shares

$346.1M · 7K shares

$345.3M · 14K shares

$335.9M · 3K shares

$323.2M · 13K shares

$320.0M · 4K shares

$315.3M · 2K shares

$315.2M · 6K shares

$314.7M · 10K shares

$312.2M · 7K shares

$306.5M · 46K shares

$288.9M · 6K shares

$288.8M · 1K shares

$265.9M · 14K shares

$253.1M · 3K shares

$252.3M · 9K shares

$247.4M · 2K shares

$243.6M · 20K shares

$240.8M · 2K shares

$235.9M · 8K shares

$234.9M · 9K shares

$234.7M · 6K shares

$233.2M · 47K shares

$232.5M · 46K shares

$230.7M · 1K shares

$228.3M · 4K shares

$214.0M · 14K shares

$213.7M · 2K shares

$209.8M · 12K shares

$208.8M · 3K shares

$206.9M · 29K shares

$206.0M · 21K shares

$202.6M · 6K shares

$200.4M · 7K shares

$179.7M · 21K shares

$169.0M · 29K shares

$168.6M · 19K shares

$161.9M · 25K shares

$159.5M · 34K shares

$158.9M · 11K shares

$157.7M · 14K shares

$149.4M · 56K shares

$144.2M · 50K shares

$129.9M · 22K shares

$129.8M · 25K shares

$113.6M · 12K shares

$101.6M · 18K shares

$96.4M · 17K shares

$95.9M · 38K shares

$79.5M · 11K shares

$76.2M · 12K shares

$60.8M · 11K shares

$32.8M · 20K shares

$27.6M · 19K shares

$15.1M · 21K shares

Sector Breakdown

Sector	# Holdings	Value	%
Financial Services	291	$8.7T	23.2%
Technology	224	$7.5T	19.9%
Basic Materials	80	$4.1T	10.8%
Energy	81	$3.3T	8.9%
Industrials	178	$3.2T	8.7%
Consumer Cyclical	138	$2.6T	7.1%
Unknown	92	$2.0T	5.5%
Communication Services	62	$1.9T	5.0%
Healthcare	194	$1.8T	4.9%
Utilities	45	$1.0T	2.7%
Consumer Defensive	65	$888.0B	2.4%
Real Estate	58	$364.0B	1.0%