§ 13F · FUND PROFILE
1832 Asset Management L.P..
Canadian multi-asset management
AUM · $126.7B (13F)Positions · 661Turnover · 94% · Q1Filed · May 14, 2026
CONCENTRATION
42%
Top 10 holdings
NEW BUYS
+84
+$33.9B deployed
EXITS
0
No exits
SECTOR SHIFT
BANKING → OTHER
0pp · +7pp
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q1 2026
FILED MAY 14, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q1 |
|---|---|---|---|---|---|---|
| 1 | SPY | SPDR S&P 500 ETF TR | 42.50M | $27.6B | 25.4% | NEW |
| 2 | TD | TORONTO DOMINION BK ONT | 30.35M | $2.8B | 2.6% | −6% |
| 3 | RY | ROYAL BK CDA | 16.51M | $2.7B | 2.5% | −2% |
| 4 | MSFT | MICROSOFT CORP | 6.32M | $2.3B | 2.2% | +12% |
| 5 | CNI | CANADIAN NATL RY CO | 18.68M | $1.9B | 1.8% | ±0% |
| 6 | AMZN | AMAZON COM INC | 8.35M | $1.7B | 1.6% | +7% |
| 7 | BN | BROOKFIELD CORP | 42.95M | $1.7B | 1.6% | −6% |
| 8 | NVDA | NVIDIA CORPORATION | 9.47M | $1.7B | 1.5% | +33% |
| 9 | ENB | ENBRIDGE INC | 29.07M | $1.6B | 1.4% | −5% |
| 10 | NFLX | NETFLIX INC. | 14.50M | $1.4B | 1.3% | NEW |
§ 02 · SECTOR ALLOCATION
Where the money is
Other35.7% (+7pp)
Technology9.7% (+2pp)
Banking8.6% (±0)
Energy7.5% (+3pp)
Semiconductors4.8%
Media4.7%
§ 03 · THE 1832 SIGNAL
AC read
1832 Asset Management L.P. is a Quality / Compounder fund managing $126.7 billion in assets. The fund runs a broad portfolio of 661 positions, moderate concentration, with the top 10 accounting for 42%. Trading activity is aggressive at 94% quarterly turnover, with 84 new positions and 0 exits last quarter. Top sector allocations: Other (36%), Technology (10%), Banking (9%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
2 FILINGS
Q1 2026
Busy quarter
+84 buys · −0 exits · 524 changed
Q4 2025
Busy quarter
+121 buys · −0 exits · 537 changed
Q3 2025
Busy quarter
+69 buys · −0 exits · 554 changed
Q2 2025
Busy quarter
+119 buys · −0 exits · 494 changed