Q2 2026 13F · SEC CIK 1443077

Intact Investment Management Inc.

Asset managerFiled 2026-07-20 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $3.5B
Reported positions: 210
Top holdings a year, 3 yrs: +17.8%
Average holding period: 8.4 yrs

Intact Investment Management Inc. is an asset manager that reported 210 positions worth $3.5B in its Q2 2026 13F, filed 2026-07-20. Its largest holdings were Manulife Finl Corp (MFC, 4.2%), Spdr Series Trust (SPLG, 4.0%), Toronto Dominion Bank (TD, 3.5%). A portfolio copying its top holdings returned 17.8% a year over the last 3 years, against 20.4% for the S&P 500.

Intact Investment Management Inc. holdings largest 50 of 210 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Intact Investment Management Inc. 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
MFCManulife Finl Corp	4.2%	2.4%	3,657,057	+48.2%	$148.3M
SPLGSpdr Series Trust	4.0%	—	1,589,216	—	$139.7M
TDToronto Dominion Bank	3.5%	3.3%	1,023,826	-18.5%	$124.5M
CNICanadian Natl Ry Co	3.2%	2.8%	955,760	-0.6%	$114.0M
RYRoyal Bank of Canada	3.2%	5.1%	550,736	-49.9%	$114.0M
BMOBank of Montreal	3.1%	1.5%	626,785	+60.9%	$110.8M
EMAEmera Inc	3.0%	2.6%	1,968,235	+9.7%	$104.4M
RCIRogers Communications Inc	2.7%	1.9%	2,958,824	+67.0%	$96.3M
BIPBrookfield Infrastructure Pa	2.6%	3.1%	2,421,744	-14.6%	$91.4M
SUSuncor Energy Inc New	2.6%	3.8%	1,697,430	-15.2%	$91.3M
PBAPembina Pipeline Corp	2.4%	2.2%	1,802,664	+5.9%	$83.4M
BAMBrookfield Asset Management	2.1%	2.1%	1,609,078	-3.1%	$72.2M
MGAMagna Intl Inc	2.0%	2.0%	1,054,170	-15.0%	$69.3M
CVECenovus Energy Inc	1.9%	2.8%	2,719,770	-27.5%	$67.5M
CMCanadian Imperial Bank of Co	1.8%	0.9%	560,550	+72.6%	$64.5M
SLFSun Life Financial Inc.	1.6%	0.7%	699,721	+71.6%	$54.9M
GILGildan Activewear Inc	1.5%	1.7%	1,014,765	-6.4%	$52.3M
TUTelus Corporation	1.4%	1.5%	4,648,090	+12.5%	$49.2M
BCEBce Inc	1.3%	2.6%	2,141,166	-40.3%	$46.1M
AEMAgnico Eagle Mines Ltd	1.3%	0.9%	296,047	+86.0%	$46.0M
NTRNutrien Ltd	1.3%	1.8%	705,295	-17.6%	$44.4M
ENBEnbridge Inc Com	1.1%	1.1%	737,763	+0.1%	$40.0M
QSRRestaurant Brands Intl Inc Com	1.1%	1.4%	539,861	-16.8%	$39.2M
EFXTEnerflex Ltd	1.1%	—	1,530,780	—	$37.6M
OVVOvintiv Inc	1.0%	1.2%	686,430	+0.8%	$36.1M
SOBOSouth Bow Corp	1.0%	1.0%	1,015,860	-4.7%	$35.8M
OTEXOpen Text Corp	1.0%	0.6%	1,522,840	+53.5%	$33.7M
BBarrick Mng Corp	0.9%	1.1%	814,660	-11.7%	$30.0M
PMPhilip Morris Intl Inc Com	0.8%	0.7%	157,800	+12.2%	$28.5M
SHOPShopify Inc	0.7%	0.8%	229,594	-6.6%	$26.3M
MRKMerck & Co. Inc	0.7%	0.6%	202,100	+16.5%	$26.0M
BNSBank Nova Scotia B C	0.7%	0.8%	294,148	-25.0%	$25.6M
CNQCanadian Nat Res Ltd Med Term Com	0.7%	1.1%	642,070	-22.4%	$25.4M
ABBVAbbvie Inc	0.7%	0.7%	95,230	-11.5%	$24.0M
BEPBrookfield Renewable Energy	0.7%	0.7%	690,047	-11.9%	$23.9M
TXNTexas Instruments Inc	0.7%	—	78,100	—	$23.3M
SSRMSsr Mining in	0.6%	—	774,600	—	$21.9M
AQNAlgonquin Power & Utilities	0.6%	0.6%	3,714,919	+12.5%	$21.8M
CLSCelestica Inc	0.6%	—	59,260	—	$21.6M
GOOGLAlphabet Inc	0.6%	0.6%	58,100	-19.0%	$20.8M
HDHome Depot Inc Com	0.6%	0.5%	57,400	-0.7%	$20.2M
UNHUnitedhealth Group Inc Com	0.6%	—	48,370	—	$20.1M
PGProcter & Gamble Co Com	0.6%	—	135,100	—	$19.8M
WPMWheaton Precious Metals	0.6%	0.9%	174,590	-29.8%	$19.6M
AVGOBroadcom Inc	0.5%	0.6%	51,100	-22.6%	$19.3M
MSFTMicrosoft Corp	0.5%	0.7%	50,500	-22.2%	$18.8M
PEPPepsico Inc	0.5%	—	138,200	—	$18.7M
CCJCameco Corp Com	0.5%	0.5%	173,060	-2.3%	$17.6M
CSCOCisco Sys Inc	0.5%	—	148,830	—	$17.5M
CVXChevron Corp New	0.5%	0.6%	104,772	+7.7%	$17.4M

What Intact Investment Management Inc. bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

AEM Agnico Eagle Mines Ltd+86.0% shares
CM Canadian Imperial Bank of Co+72.6% shares
SLF Sun Life Financial Inc.+71.6% shares
RCI Rogers Communications Inc+67.0% shares
BMO Bank of Montreal+60.9% shares
OTEX Open Text Corp+53.5% shares
MFC Manulife Finl Corp+48.2% shares
MRK Merck & Co. Inc+16.5% shares

Reduced

RY Royal Bank of Canada-49.9% shares
BCE Bce Inc-40.3% shares
WPM Wheaton Precious Metals-29.8% shares
CVE Cenovus Energy Inc-27.5% shares
BNS Bank Nova Scotia B C-25.0% shares
AVGO Broadcom Inc-22.6% shares
CNQ Canadian Nat Res Ltd Med Term Com-22.4% shares
MSFT Microsoft Corp-22.2% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +35.5% /yr; S&P 500 +20.1%
3 years: +17.8% /yr; S&P 500 +20.4%
5 years: +8.5% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$3.5B	210
Q1 2026	$3.5B	269
Q4 2025	$3.5B	313
Q3 2025	$3.3B	254
Q2 2025	$3.0B	322
Q1 2025	$2.9B	314
Q4 2024	$2.9B	309
Q3 2024	$3.0B	306
Q2 2024	$2.7B	259
Q1 2024	$2.5B	256
Q4 2023	$2.5B	251
Q3 2023	$2.3B	251

Questions about Intact Investment Management Inc.'s portfolio

What stocks does Intact Investment Management Inc. own?

Intact Investment Management Inc.'s latest 13F, for Q2 2026 and filed Jul 20, 2026, lists 210 positions worth $3.5B. The largest are Manulife Finl Corp (MFC) at 4.2%, Spdr Series Trust (SPLG) at 4.0%, Toronto Dominion Bank (TD) at 3.5%, Canadian Natl Ry Co (CNI) at 3.2% and Royal Bank of Canada (RY) at 3.2%.

What did Intact Investment Management Inc. buy last quarter?

In Q2 2026, Intact Investment Management Inc. added Agnico Eagle Mines Ltd (AEM) (+86.0% shares), Canadian Imperial Bank of Co (CM) (+72.6% shares) and Sun Life Financial Inc. (SLF) (+71.6% shares), compared with its Q1 2026 filing.

What did Intact Investment Management Inc. sell last quarter?

In Q2 2026, Intact Investment Management Inc. cut from its top 50 Kinross Gold Corp (KGC), cut from its top 50 Franco Nev Corp (FNV), cut from its top 50 Baytex Energy Corp (BTE), cut from its top 50 Tc Energy Corp (TRP), cut from its top 50 Rb Global Inc (RBA), Royal Bank of Canada (RY) (-49.9% shares), Bce Inc (BCE) (-40.3% shares) and Wheaton Precious Metals (WPM) (-29.8% shares), compared with its Q1 2026 filing.

How has Intact Investment Management Inc.'s portfolio performed?

A portfolio copying Intact Investment Management Inc.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +17.8% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +35.5% against +20.1%. Over 5 years: +8.5% a year against +11.6%.

When is Intact Investment Management Inc.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Intact Investment Management Inc.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.