Who owns 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-Q2 13F filings (latest filed 2026-09-02). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
66 tracked funds added or opened CAE while 87 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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 1.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.1pp 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 2026-Q1 and 2026-Q2, across 265 tracked filers holding CAE, 142 increased or opened the position and 148 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 2026-Q1 and 2026-Q2 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 11
- Jupiter Topco LLC$163M
- Scheer, Rowlett & Associates Investment Management Ltd.$10M
- Quadrature Capital Ltd$10M
- Tidal Investments LLC$10M
- CIDEL ASSET MANAGEMENT INC$7M
- Mediolanum International Funds Ltd$2M
Full exits 26
- Beutel, Goodman & Co Ltd.$162M
- Global Alpha Capital Management Ltd.$31M
- Capital International Investors$25M
- Driehaus Capital Management LLC$23M
- INTACT INVESTMENT MANAGEMENT INC.$18M
- Amundi$15M
Largest adds
- 1832 Asset Management L.P.$63M
- BRANDES INVESTMENT PARTNERS, LP$48M
- MORGAN STANLEY$39M
- TD Waterhouse Canada Inc.$32M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$25M
- MANUFACTURERS LIFE INSURANCE COMPANY, THE$21M
Largest trims
- FIL Ltd$58M
- Select Equity Group, L.P.$38M
- MACKENZIE FINANCIAL CORP$30M
- Caisse de depot et placement du Quebec$29M
- NATIONAL BANK OF CANADA /FI/$21M
- NORGES BANK$20M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Caisse de depot et placement du Quebec | 30,917,402 | $774M | 13.8% | 2026-Q2 |
| 1832 Asset Management L.P. added | 19,559,409 | $490M | 8.7% | 2026-Q2 |
| BRANDES INVESTMENT PARTNERS, LP added | 18,397,515 | $461M | 8.2% | 2026-Q2 |
| BROWNING WEST LP trimmed | 12,606,858 | $316M | 5.6% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 8,882,455 | $222M | 4.0% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP trimmed | 7,916,812 | $281M | 5.0% | 2026-Q2 |
| Select Equity Group, L.P. trimmed | 7,018,338 | $176M | 3.1% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 6,888,675 | $173M | 3.1% | 2026-Q2 |
| Jupiter Topco LLC new | 6,509,035 | $163M | 2.9% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 5,967,706 | $149M | 2.7% | 2026-Q2 |
| SNYDER CAPITAL MANAGEMENT L P added | 4,929,599 | $124M | 2.2% | 2026-Q2 |
| LETKO, BROSSEAU & ASSOCIATES INC added | 3,981,832 | $100M | 1.8% | 2026-Q2 |
| MORGAN STANLEY added | 3,681,383 | $92M | 1.6% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ trimmed | 3,468,309 | $87M | 1.5% | 2026-Q2 |
| CIBC Asset Management Inc trimmed | 3,307,675 | $84M | 1.5% | 2026-Q2 |
| TD Asset Management Inc trimmed | 3,293,456 | $82M | 1.5% | 2026-Q2 |
| NORGES BANK trimmed | 3,222,912 | $81M | 1.4% | 2026-Q2 |
| Federation des caisses Desjardins du Quebec added | 3,145,880 | $78M | 1.4% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 3,054,271 | $76M | 1.4% | 2026-Q2 |
| Fiera Capital Corp added | 2,964,525 | $74M | 1.3% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 2,847,075 | $71M | 1.3% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 2,703,445 | $68M | 1.2% | 2026-Q2 |
| Invesco Ltd. added | 2,680,879 | $67M | 1.2% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. added | 2,607,255 | $65M | 1.2% | 2026-Q2 |
| FIL Ltd trimmed | 2,326,474 | $58M | 1.0% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 2,119,718 | $53M | 0.9% | 2026-Q2 |
| Clearbridge Investments, LLC trimmed | 2,045,714 | $51M | 0.9% | 2026-Q2 |
| TD Waterhouse Canada Inc. added | 2,017,238 | $51M | 0.9% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD trimmed | 1,972,782 | $49M | 0.9% | 2026-Q2 |
| Legal & General Group Plc trimmed | 1,870,698 | $47M | 0.8% | 2026-Q2 |
| BANK OF NOVA SCOTIA added | 1,715,770 | $43M | 0.8% | 2026-Q2 |
| CIBC WORLD MARKET INC. trimmed | 1,668,113 | $42M | 0.7% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 1,636,030 | $41M | 0.7% | 2026-Q2 |
| Vanguard Global Advisers, LLC added | 1,368,536 | $34M | 0.6% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 1,320,353 | $33M | 0.6% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 1,216,434 | $31M | 0.5% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added | 1,082,639 | $38M | 0.7% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 1,076,893 | $27M | 0.5% | 2026-Q2 |
| Artisan Partners Limited Partnership trimmed | 1,038,566 | $26M | 0.5% | 2026-Q2 |
| Sunriver Management LLC added | 979,193 | $25M | 0.4% | 2026-Q2 |
| PICTON MAHONEY ASSET MANAGEMENT trimmed | 944,020 | $24M | 0.4% | 2026-Q2 |
| Swiss National Bank trimmed | 936,100 | $23M | 0.4% | 2026-Q2 |
| AVIVA PLC added | 925,311 | $23M | 0.4% | 2026-Q2 |
| First Eagle Investment Management, LLC trimmed | 919,313 | $23M | 0.4% | 2026-Q2 |
| TORONTO DOMINION BANK added | 877,137 | $22M | 0.4% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 869,424 | $22M | 0.4% | 2026-Q2 |
| Public Sector Pension Investment Board added | 842,056 | $21M | 0.4% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND trimmed | 794,168 | $20M | 0.4% | 2026-Q2 |
| Cresset Asset Management, LLC added | 732,116 | $18M | 0.3% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 693,493 | $17M | 0.3% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 642,562 | $16M | 0.3% | 2026-Q2 |
| DEUTSCHE BANK AG\ trimmed | 581,400 | $15M | 0.3% | 2026-Q2 |
| BlackRock, Inc. added | 569,195 | $14M | 0.3% | 2026-Q2 |
| UBS Group AG trimmed | 555,956 | $14M | 0.2% | 2026-Q2 |
| MONTRUSCO BOLTON INVESTMENTS INC. trimmed | 484,500 | $12M | 0.2% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 477,320 | $12M | 0.2% | 2026-Q2 |
| Heathbridge Capital Management Ltd. added | 476,800 | $12M | 0.2% | 2026-Q2 |
| Waratah Capital Advisors Ltd. trimmed | 476,531 | $12M | 0.2% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 460,917 | $12M | 0.2% | 2026-Q2 |
| MUFG SECURITIES (CANADA), LTD. trimmed | 454,829 | $11M | 0.2% | 2026-Q2 |
| Sycale Advisors (NY) LLC trimmed | 446,527 | $11M | 0.2% | 2026-Q2 |
| Scheer, Rowlett & Associates Investment Management Ltd. new | 410,130 | $10M | 0.2% | 2026-Q2 |
| Quadrature Capital Ltd new | 409,500 | $10M | 0.2% | 2026-Q2 |
| Tidal Investments LLC new | 394,470 | $10M | 0.2% | 2026-Q2 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp trimmed | 393,709 | $10M | 0.2% | 2026-Q2 |
| Korea Investment CORP added | 384,246 | $10M | 0.2% | 2026-Q2 |
| Addenda Capital Inc. added | 379,218 | $13M | 0.2% | 2026-Q2 |
| PCJ Investment Counsel Ltd. trimmed | 339,091 | $8M | 0.2% | 2026-Q2 |
| FMR LLC added | 334,915 | $8M | 0.1% | 2026-Q2 |
| Nuveen, LLC added | 328,082 | $8M | 0.1% | 2026-Q2 |
| BARCLAYS PLC trimmed | 323,771 | $8M | 0.1% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 310,187 | $8M | 0.1% | 2026-Q2 |
| Lansforsakringar Fondforvaltning AB (publ) added | 299,519 | $7M | 0.1% | 2026-Q2 |
| Bastion Asset Management Inc. added | 284,801 | $8M | 0.1% | 2026-Q2 |
| Bank of New York Mellon Corp added | 279,733 | $7M | 0.1% | 2026-Q2 |
| CIDEL ASSET MANAGEMENT INC new | 269,136 | $7M | 0.1% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 267,057 | $7M | 0.1% | 2026-Q2 |
| NewGen Asset Management Ltd added | 257,600 | $6M | 0.1% | 2026-Q2 |
| Anson Funds Management LP trimmed | 255,000 | $6M | 0.1% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 251,959 | $6M | 0.1% | 2026-Q2 |
| APG Asset Management N.V. added | 224,052 | $5M | 0.1% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 218,326 | $5M | 0.1% | 2026-Q2 |
| Trexquant Investment LP added | 203,288 | $5M | 0.1% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 200,600 | $5M | 0.1% | 2026-Q2 |
| Zurcher Kantonalbank (Zurich Cantonalbank) added | 199,800 | $5M | 0.1% | 2026-Q2 |
| Stanley-Laman Group, Ltd. trimmed | 196,476 | $5M | 0.1% | 2026-Q2 |
| Polar Asset Management Partners Inc. added | 191,939 | $5M | 0.1% | 2026-Q2 |
| BANK OF NOVA SCOTIA TRUST CO added | 187,151 | $5M | 0.1% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 183,705 | $7M | 0.1% | 2026-Q2 |
| Henry James International Management Inc. trimmed | 182,183 | $5M | 0.1% | 2026-Q2 |
| SCOTIA CAPITAL INC. trimmed | 181,709 | $5M | 0.1% | 2026-Q2 |
| Avanza Fonder AB added | 180,609 | $6M | 0.1% | 2026-Q2 |
| Ramirez Asset Management, Inc. added | 180,124 | $5M | 0.1% | 2026-Q2 |
| Northwest & Ethical Investments L.P. trimmed | 175,885 | $4M | 0.1% | 2026-Q2 |
| Pictet Asset Management Holding SA trimmed | 168,850 | $4M | 0.1% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 160,815 | $4M | 0.1% | 2026-Q2 |
| State of Tennessee, Department of Treasury trimmed | 159,393 | $4M | 0.1% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed | 142,946 | $4M | 0.1% | 2026-Q2 |
| Vanguard Investments Australia, Ltd. trimmed | 136,979 | $3M | 0.1% | 2026-Q2 |
| ROYCE & ASSOCIATES LP trimmed | 133,079 | $3M | 0.1% | 2026-Q2 |
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.
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.