CANADA PENSION PLAN INVESTMENT BOARD

Canada Pension Plan Investment Board reported $149.5B across 1,971 positions for the quarter ended December 2025, up from $142.4B. The megacap-led book — NVIDIA (5.60%), Apple (4.44%), Microsoft (4.08%) — saw the quarter's biggest adds in Alphabet (+$807M), Broadcom (+$700M), Royal Bank of Canada (+$667M) and Shopify (+$611M). New positions leaned toward Canadian financials — Bank of Montreal ($822M), Bank of Nova Scotia ($794M) — plus AMD ($942M) and Equitable Holdings ($919M); GE (-$1.0B) was the largest trim.