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Portfolio (Quarterly) Guide ↗

Connor, Clark & Lunn Investment Management Ltd.

· CIK 0001596800
13F Portfolio $38.1B AUM 1,508 positions Filed Feb 10, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 350 New 590 Added 528 Reduced 317 Exited
Page 2 of 18  ·  350 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 PAYX PAYCHEX INC Industrials 204,253.0 $22.9M 0.06% NEW $112.18 -20.8%
22 AFL AFLAC INC Financial Services 204,107.0 $22.5M 0.06% NEW $110.27 +5.9%
23 STLD STEEL DYNAMICS INC Basic Materials 122,194.0 $20.7M 0.05% NEW $169.45 +38.5%
24 HUT 8 CORP 441,399.0 $20.3M 0.05% NEW $45.98
25 BITFARMS LTD 7,899,824.0 $18.6M 0.05% NEW $2.35
26 FSK FS KKR CAP CORP Financial Services 1,219,400.0 $18.1M 0.05% NEW $14.81 -27.1%
27 XEL XCEL ENERGY INC Utilities 243,060.0 $18.0M 0.05% NEW $73.86 +8.4%
28 ANNALY CAPITAL MANAGEMENT IN 781,751.0 $17.5M 0.05% NEW $22.36
29 ARE ALEXANDRIA REAL ESTATE EQ IN Real Estate 356,512.0 $17.4M 0.05% NEW $48.94 -8.1%
30 BUD ANHEUSER BUSCH INBEV SA/NV Consumer Defensive 268,038.0 $17.2M 0.04% NEW $64.04 +26.1%
31 KMB KIMBERLY-CLARK CORP Consumer Defensive 167,025.0 $16.9M 0.04% NEW $100.89 -4.2%
32 WBD WARNER BROS DISCOVERY INC Communication Services 580,281.0 $16.7M 0.04% NEW $28.82 -5.9%
33 UNILEVER PLC 248,508.0 $16.3M 0.04% NEW $65.40
34 RRC RANGE RES CORP Energy 459,541.0 $16.2M 0.04% NEW $35.26 +17.7%
35 FN FABRINET Technology 35,052.0 $16.0M 0.04% NEW $455.28 +64.0%
36 TOL TOLL BROTHERS INC Consumer Cyclical 113,539.0 $15.4M 0.04% NEW $135.22 -2.4%
37 ELS EQUITY LIFESTYLE PPTYS INC Real Estate 240,137.0 $14.6M 0.04% NEW $60.61 +2.2%
38 APLD APPLIED DIGITAL CORP Technology 591,391.0 $14.5M 0.04% NEW $24.52 +73.6%
39 DOC HEALTHPEAK PROPERTIES INC Real Estate 882,307.0 $14.2M 0.04% NEW $16.08 +21.6%
40 ES EVERSOURCE ENERGY Utilities 205,571.0 $13.8M 0.04% NEW $67.33 +2.2%
Page 2 of 18  ·  350 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 23.4%
Technology 21.8%
Basic Materials 12.7%
Energy 9.7%
Industrials 8.2%
Consumer Cyclical 8.1%
Healthcare 5.6%
Communication Services 4.3%
Utilities 2.7%
Consumer Defensive 2.4%