Great West Life Assurance Co. /can/
Great-West Life Assurance Co (now part of Great-West Lifeco Inc.) is an international financial services holding company headquartered in Winnipeg, Manitoba, Canada. It specializes in life and health insurance, retirement products, investment services, asset management, and reinsurance. Founded in 1891, it has grown through amalgamations and operates under prominent brands such as Canada Life, Empower, Putnam Investments, and Irish Life. As of 2024, it employs approximately 31,000 people and serves individuals, families, corporations, and institutions across Canada, the United States, Europe, and Asia. It is ultimately controlled by Power Financial Group.
Investment Strategy
Great-West Lifeco pursues a diversified and comprehensive investment approach through subsidiaries, offering retirement services, investment management, asset management, and insurance solutions. The company emphasizes long-term financial stability, prudent capital management, and robust risk oversight. It invests across a range of asset classes—fixed income, equities, alternatives—balancing growth and preservation of capital for institutional investors, individuals, corporations, and pension plans. Its strategy is focused on sustainable growth, innovative solutions, and global expansion while meeting regulatory and client requirements.
Top Holdings
Equity Positions (1,916)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MSFT | MICROSOFT CORP | 6.10% | $3.85B | 7,727,974 | $114.03 | $497.41 | +$914.3M |
N NVDA | NVIDIA CORPORATION | 5.92% | $3.73B | 23,608,170 | $21.33 | $157.99 | +$1.23B |
A AAPL | APPLE INC | 4.84% | $3.05B | 14,868,956 | $85.84 | $205.17 | -$214.1M |
A AMZN | AMAZON COM INC | 2.99% | $1.89B | 8,597,297 | $125.82 | $219.39 | +$294.1M |
M META | META PLATFORMS INC | 2.41% | $1.52B | 2,058,078 | $317.58 | $738.09 | +$367.5M |