Skip to main content Skip to main content
Institutional Ownership · SEC Form 13F

Who owns CAE (CAE)


Which tracked institutional funds hold CAE, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See CAE company fundamentals →

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

294
Institutional holders
223,033,414
Shares held (tracked funds)

How the tape is positioned

67 tracked funds added or opened CAE while 93 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

CAE’s largest tracked holder by dollar value, Caisse de depot et placement du Quebec, sizes it at 1.3% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in CAE divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2025-Q4 and 2026-Q1, across 294 tracked filers holding CAE, 171 increased or opened the position and 104 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in CAE between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 26

  • VANGUARD CAPITAL MANAGEMENT LLC$227M
  • VANGUARD FIDUCIARY TRUST CO$73M
  • Connor, Clark & Lunn Investment Management Ltd.$61M
  • Vanguard Global Advisers, LLC$33M
  • Sunriver Management LLC$22M
  • VANGUARD ASSET MANAGEMENT, Ltd$16M

Full exits 13

  • VANGUARD GROUP INC$385M
  • FORSTA AP-FONDEN$6M
  • JUPITER ASSET MANAGEMENT LTD$5M
  • Man Group plc$3M
  • D.A. DAVIDSON & CO.$2M
  • SUSQUEHANNA INTERNATIONAL GROUP, LLP$1M

Largest adds

  • CIBC Asset Management Inc$53M
  • Fiera Capital Corp$30M
  • Federation des caisses Desjardins du Quebec$24M
  • BANK OF MONTREAL /CAN/$14M
  • Waratah Capital Advisors Ltd.$14M
  • TD Waterhouse Canada Inc.$13M

Largest trims

  • 1832 Asset Management L.P.$248M
  • FIL Ltd$201M
  • Caisse de depot et placement du Quebec$139M
  • MACKENZIE FINANCIAL CORP$99M
  • BROWNING WEST LP$55M
  • GOLDMAN SACHS GROUP INC$53M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
Caisse de depot et placement du Quebec30,917,402$802M11.9%2026-Q1
1832 Asset Management L.P. trimmed16,395,507$427M6.4%2026-Q1
BRANDES INVESTMENT PARTNERS, LP added15,874,667$414M6.2%2026-Q1
BROWNING WEST LP12,620,233$329M4.9%2026-Q1
MACKENZIE FINANCIAL CORP trimmed11,944,101$311M4.6%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new8,723,259$227M3.4%2026-Q1
Select Equity Group, L.P. added8,251,691$214M3.2%2026-Q1
Beutel, Goodman & Co Ltd. trimmed6,228,487$162M2.4%2026-Q1
ROYAL BANK OF CANADA trimmed6,118,156$159M2.4%2026-Q1
BANK OF MONTREAL /CAN/ added4,964,469$129M1.9%2026-Q1
SNYDER CAPITAL MANAGEMENT L P trimmed4,904,452$128M1.9%2026-Q1
FIL Ltd trimmed4,459,569$116M1.7%2026-Q1
NATIONAL BANK OF CANADA /FI/ added4,154,727$108M1.6%2026-Q1
NORGES BANK added4,086,583$100M1.5%2026-Q1
TD Asset Management Inc added3,528,537$92M1.4%2026-Q1
CIBC Asset Management Inc added3,349,229$88M1.3%2026-Q1
LETKO, BROSSEAU & ASSOCIATES INC trimmed3,122,440$81M1.2%2026-Q1
Federation des caisses Desjardins du Quebec added3,053,040$79M1.2%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added2,879,048$75M1.1%2026-Q1
VANGUARD FIDUCIARY TRUST CO new2,802,209$73M1.1%2026-Q1
Invesco Ltd. trimmed2,347,481$61M0.9%2026-Q1
Connor, Clark & Lunn Investment Management Ltd. added2,344,602$61M0.9%2026-Q1
Fiera Capital Corp added2,300,829$60M0.9%2026-Q1
DIMENSIONAL FUND ADVISORS LP added2,198,926$57M0.9%2026-Q1
Clearbridge Investments, LLC trimmed2,090,508$55M0.8%2026-Q1
MORGAN STANLEY trimmed2,054,283$54M0.8%2026-Q1
Legal & General Group Plc trimmed2,054,944$53M0.8%2026-Q1
CANADA PENSION PLAN INVESTMENT BOARD trimmed2,024,278$53M0.8%2026-Q1
CIBC WORLD MARKET INC. added1,750,176$46M0.7%2026-Q1
BANK OF AMERICA CORP /DE/ added1,701,002$44M0.7%2026-Q1
BANK OF NOVA SCOTIA trimmed1,680,635$44M0.7%2026-Q1
PICTON MAHONEY ASSET MANAGEMENT added1,554,416$41M0.6%2026-Q1
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed1,069,297$39M0.6%2026-Q1
Artisan Partners Limited Partnership trimmed1,413,596$37M0.5%2026-Q1
Vanguard Global Advisers, LLC new1,277,281$33M0.5%2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed1,216,882$32M0.5%2026-Q1
Global Alpha Capital Management Ltd. added1,206,866$31M0.5%2026-Q1
JPMORGAN CHASE & CO added1,178,964$30M0.4%2026-Q1
NEW YORK STATE COMMON RETIREMENT FUND1,033,504$27M0.4%2026-Q1
Swiss National Bank added1,028,300$27M0.4%2026-Q1
Capital International Investors964,743$25M0.4%2026-Q1
First Eagle Investment Management, LLC935,036$24M0.4%2026-Q1
Driehaus Capital Management LLC trimmed899,900$23M0.3%2026-Q1
Waratah Capital Advisors Ltd. added889,234$23M0.3%2026-Q1
AVIVA PLC added850,130$22M0.3%2026-Q1
Sunriver Management LLC new844,393$22M0.3%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added846,883$22M0.3%2026-Q1
TORONTO DOMINION BANK trimmed841,094$22M0.3%2026-Q1
PCJ Investment Counsel Ltd. added782,693$20M0.3%2026-Q1
Sycale Advisors (NY) LLC trimmed762,707$20M0.3%2026-Q1
TD Waterhouse Canada Inc. added721,207$19M0.3%2026-Q1
Cresset Asset Management, LLC added727,565$19M0.3%2026-Q1
INTACT INVESTMENT MANAGEMENT INC. trimmed682,245$18M0.3%2026-Q1
CITADEL ADVISORS LLC added662,899$17M0.3%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new627,488$16M0.2%2026-Q1
DEUTSCHE BANK AG\ added589,869$15M0.2%2026-Q1
Amundi added587,632$15M0.2%2026-Q1
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp added575,216$15M0.2%2026-Q1
MONTRUSCO BOLTON INVESTMENTS INC.565,500$15M0.2%2026-Q1
UBS Group AG added561,793$15M0.2%2026-Q1
MILLENNIUM MANAGEMENT LLC added559,440$15M0.2%2026-Q1
GOLDMAN SACHS GROUP INC trimmed523,196$14M0.2%2026-Q1
Addenda Capital Inc. added366,816$13M0.2%2026-Q1
MUFG SECURITIES (CANADA), LTD. trimmed477,335$12M0.2%2026-Q1
Public Sector Pension Investment Board added469,964$12M0.2%2026-Q1
BARCLAYS PLC added455,598$12M0.2%2026-Q1
WELLS FARGO & COMPANY/MN added447,372$12M0.2%2026-Q1
BlackRock, Inc. added442,839$12M0.2%2026-Q1
STATE OF WISCONSIN INVESTMENT BOARD trimmed387,484$10M0.1%2026-Q1
Heathbridge Capital Management Ltd. trimmed376,350$10M0.1%2026-Q1
Senvest Management, LLC new370,000$10M0.1%2026-Q1
D. E. Shaw & Co., Inc. added337,899$9M0.1%2026-Q1
Nuveen, LLC added324,866$8M0.1%2026-Q1
FMR LLC added286,496$7M0.1%2026-Q1
Anson Funds Management LP added280,000$7M0.1%2026-Q1
Qube Research & Technologies Ltd added273,842$7M0.1%2026-Q1
Bank of New York Mellon Corp trimmed272,154$7M0.1%2026-Q1
Korea Investment CORP trimmed267,752$7M0.1%2026-Q1
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added264,246$7M0.1%2026-Q1
RENAISSANCE TECHNOLOGIES LLC added261,900$7M0.1%2026-Q1
NORTHERN TRUST CORP added258,251$7M0.1%2026-Q1
SCOTIA CAPITAL INC. added254,600$7M0.1%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added252,813$7M0.1%2026-Q1
Northwest & Ethical Investments L.P. trimmed226,461$6M0.1%2026-Q1
AMERIPRISE FINANCIAL INC added163,565$6M0.1%2026-Q1
Schonfeld Strategic Advisors LLC added225,224$6M0.1%2026-Q1
JONES FINANCIAL COMPANIES LLLP added222,983$6M0.1%2026-Q1
AGF MANAGEMENT LTD trimmed198,921$6M0.1%2026-Q1
JARISLOWSKY, FRASER Ltd trimmed20,943,262$620M9.2%2025-Q3 stale
VANGUARD GROUP INC trimmed12,648,640$385M5.7%2025-Q4 stale
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC trimmed534,357$19M0.3%2025-Q1 stale
J. Goldman & Co LP new410,931$12M0.2%2025-Q3 stale
Phoenix Financial Ltd. added352,200$10M0.2%2025-Q2 stale
HSBC HOLDINGS PLC added263,259$8M0.1%2025-Q3 stale
MARSHALL WACE, LLP added261,968$8M0.1%2025-Q3 stale
FORSTA AP-FONDEN trimmed196,200$6M0.1%2025-Q4 stale
COOPER CREEK PARTNERS MANAGEMENT LLC new200,000$6M0.1%2025-Q2 stale
SCOPIA CAPITAL MANAGEMENT LP new198,077$6M0.1%2025-Q3 stale
Forge First Asset Management Inc. new191,700$6M0.1%2025-Q3 stale
JUPITER ASSET MANAGEMENT LTD trimmed176,669$5M0.1%2025-Q4 stale

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership