Caisse de Depot Et Placement du Quebec
Caisse de dépôt et placement du Québec (CDPQ) is one of the world’s largest institutional investors, headquartered in Montreal, Quebec, Canada, with additional offices worldwide. Established in 1965, CDPQ manages funds mainly for public and parapublic pension and insurance plans, focusing on long-term growth and performance. As of December 2024, it manages C$473 billion in assets and employs thousands globally. CDPQ serves pensioners and insurance program beneficiaries, contributing significantly to Québec’s and Canada’s economic and social development, and operates key subsidiaries in real estate, infrastructure, and private equity.
Investment Strategy
CDPQ pursues a long-term, diversified investment strategy managing pension and insurance fund assets primarily for Quebec’s public sector. It invests globally across public and private equities, infrastructure, fixed income, real estate, and renewable energy aiming for prudent, profitable returns while fostering regional economic development. The fund emphasizes a combination of risk management, sustainable investing (ESG), and strategic partnerships, leveraging direct investments and subsidiaries such as Ivanhoé Cambridge and Otéra Capital. The investment philosophy balances growth with stability, supporting Quebec companies and expanding into international markets for enhanced portfolio diversification.
Top Holdings
Equity Positions (477)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MSFT | Microsoft Corp | 4.75% | $2.22B | 4,469,388 | $236.22 | $497.41 | +$607.3M |
N NVDA | Nvidia Corp | 4.73% | $2.22B | 14,025,153 | $53.96 | $157.99 | +$894.0M |
A AAPL | Apple Inc | 3.94% | $1.84B | 8,990,725 | $163.41 | $205.17 | +$43.6M |
G GIB | CGI Inc | 3.65% | $1.71B | 16,290,487 | $69.96 | $104.83 | +$81.3M |
C CNI | Compagnie des chemins de fer nationaux du Canada | 3.05% | $1.43B | 13,737,922 | $64.82 | $104.04 | +$212.6M |