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British Columbia Investment Management Corp.

CIK:0001228242
Pension Fund
$295B AUM
677 holdings
Victoria, BC, Canada
Founded:1999
700 employees
Latest filing:Jun 30, 2025

British Columbia Investment Management Corporation (BCI) is one of Canada’s largest institutional investors, headquartered in Victoria, British Columbia. Founded in 1999 through the Public Sector Pension Plans Act, BCI serves 32 public sector and institutional clients, primarily managing pension funds and capital reserves for British Columbia’s public sector. BCI operates with offices in Vancouver, New York, London, and Mumbai and provides investment management services across public and private asset classes. As of 2025, BCI employs over 700 people and has built its legacy on performance, accountability, and serving its clients’ best interests.

Investment Strategy

BCI invests patient capital across global public and private markets, focusing on long-term returns and risk management to meet the diverse needs of its public sector and institutional clients. The firm leverages active management across asset classes such as public and private equity, infrastructure, renewable resources, fixed income, private debt, and real estate (via its QuadReal Property Group platform). BCI integrates ESG (Environmental, Social, Governance) principles and assesses climate-related risks and opportunities, working closely with clients to develop customized strategies aligned with their investment frameworks, risk tolerance, and objectives.

Top Buys
H
HYGISHARES TR
+$507.3M
U
USHYISHARES TR
+$455.5M
N
NVDANVIDIA CORPORATION
+$167.8M
B
BNSBANK NOVA SCOTIA HALIFAX
+$126.2M
J
JNKSPDR SERIES TRUST
+$118.8M
Top Sells
U
UNHUNITEDHEALTH GROUP INC
-$157.9M
A
AAPLAPPLE INC
-$152.8M
M
MAMASTERCARD INCORPORATED
-$51.6M
C
CMCANADIAN IMPERIAL BK COMM
-$51.4M
I
IMOIMPERIAL OIL LTD
-$34.3M

Top Holdings

H
HYGISHARES TR
+5.9%$1.01B
M
MSFTMICROSOFT CORP
+5.0%$856.5M
N
NVDANVIDIA CORPORATION
+4.8%$823.9M
A
AAPLAPPLE INC
+3.4%$577.3M
U
USHYISHARES TR
+3.1%$540.1M

Equity Positions (671)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
H
HYG
ISHARES TR5.88%$1.01B12,528,218$78.17$80.65+$507.3M
M
MSFT
MICROSOFT CORP4.98%$856.5M1,721,867$221.39$497.41+$113.5M
N
NVDA
NVIDIA CORPORATION4.79%$823.9M5,215,192$37.46$157.99+$167.8M
A
AAPL
APPLE INC3.36%$577.3M2,813,659$159.06$205.17-$152.8M
U
USHY
ISHARES TR3.14%$540.1M14,399,000$37.40$37.51+$455.5M

Industry Allocation

SERVICES-PREPACKAGED SOFTWARE
+9.8%
SEMICONDUCTORS & RELATED DEVICES
+7.7%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+5.6%
COMMERCIAL BANKS, NEC
+4.5%
ELECTRONIC COMPUTERS
+3.4%