13F filer · CIK 318989 ↗
FIL Ltd
You are looking at Q4 2025. See the latest, Q2 2026 →
Reported value
$133.60B
+5.0% on the quarter before
Positions
1,018
116 new · 88 sold out
Top 10
21.3%
of the value
Est. gain
+$2.99B
on stocks held all quarter
Est. return
+2.7%
on those stocks since Q3 2025
Positions as of Dec 31, 2025, from FIL Ltd's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
The 24 largest positions, 35% of the reported value, each sized by its share, colored by what the fund did with it since Q3 2025. Striped tiles are options.
Largest buys
Since Q3 2025, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Totalenergies Se~$943.1MNew · 0.0% → 0.7%+14,435,729 shares
- Oracle~$729.6MAdded · 0.1% → 0.6%+3,743,314 shares
- Barrick Mng Corp~$603.5MAdded · 0.4% → 1.0%+13,853,587 shares
- Canadian Natl Ry Co~$515.3MAdded · 0.8% → 1.2%+5,210,403 shares
- Hudbay Minerals Inc~$440.1MAdded · 0.1% → 0.5%+22,169,339 shares
- Brookfield Corp~$418.6MAdded · 0.9% → 0.9%+9,116,617 shares
- Boyd Group Services Inc~$411.3MNew · 0.0% → 0.3%+2,581,931 shares
- Bank Nova Scotia Halifax~$402.8MAdded · 0.6% → 0.9%+5,461,052 shares
- Hologic Inc~$385.7MAdded · 0.0% → 0.3%+5,177,255 shares
- Magnum Ice Cream Co Nv~$360.8MNew · 0.0% → 0.3%+22,644,771 shares
Largest sells
Since Q3 2025, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Wheaton Precious Metals Corp~$814.3MCut · 0.9% → 0.3%−6,927,672 shares
- Applied Materials~$689.7MCut · 0.5% → 0.0%−2,683,841 shares
- Intel~$642.4MCut · 0.5% → 0.0%−17,408,403 shares
- Agnico Eagle Mines Ltd~$540.1MCut · 2.1% → 1.6%−3,184,741 shares
- Toronto Dominion Bk Ont~$489.9MCut · 2.3% → 2.2%−5,198,188 shares
- Waste Connections Inc~$447.2MCut · 0.5% → 0.1%−2,550,222 shares
- Dell Technologies Inc~$416.2MCut · 0.4% → 0.0%−3,306,718 shares
- Wns Hldgs Ltd~$372.3MSold out · 0.3% → 0.0%−4,881,000 shares
- Verona Pharma Plc~$372.3MSold out · 0.3% → 0.0%−3,488,500 shares
- Cisco~$360.8MCut · 0.9% → 0.7%−4,684,127 shares
Holdings
As of Dec 31, 2025. Changes are in shares against Sep 30, 2025, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| MicrosoftCOM · shares +3.2% · price −6.6% | 3.2% | $4.28B | −$294.4M | ||||||||
| Royal Bk CdaCOM · shares +1.1% · price +15.7% | 3.0% | $3.97B | +$531.2M | ||||||||
| AlphabetCAP STK CL A · shares −2.9% · price +28.8% | 2.5% | $3.39B | +$757.9M | ||||||||
| Shopify IncCL A SUB VTG SHS · shares −4.1% · price +8.4% | 2.2% | $2.96B | +$228.9M | ||||||||
| Toronto Dominion Bk OntCOM NEW · shares −14% · price +17.9% | 2.2% | $2.92B | +$442.7M | ||||||||
| AmazonCOM · shares +0.6% · price +5.1% | 2.1% | $2.83B | +$137.4M | ||||||||
| AppleCOM · shares −11% · price +6.8% | 2.0% | $2.70B | +$170.8M | ||||||||
| Agnico Eagle Mines LtdCOM · shares −20% · price +0.7% | 1.6% | $2.18B | +$14.8M | ||||||||
| NvidiaCOM · shares +26% · price −0.0% | 1.3% | $1.71B | −$582,148 | ||||||||
| Tc Energy CorpCOM · shares +3.9% · price +1.3% | 1.2% | $1.56B | +$18.9M | ||||||||
| Canadian Natl Ry CoCOM · shares +49% · price +4.9% | 1.2% | $1.56B | +$48.5M | ||||||||
| MetaCL A · shares +11% · price −10.1% | 1.2% | $1.55B | −$156.7M | ||||||||
| Texas InstrumentsCOM · shares +11% · price −5.6% | 1.1% | $1.47B | −$78.1M | ||||||||
| Barrick Mng CorpCOM SHS · shares +85% · price +32.6% | 0.98% | $1.31B | +$174.1M | ||||||||
| Franco Nev CorpCOM · shares −12% · price −6.9% | 0.93% | $1.25B | −$92.2M | ||||||||
| Canadian Pacific Kansas CityCOM · shares +20% · price −1.1% | 0.92% | $1.23B | −$11.9M | ||||||||
| Bank Montreal QueCOM · shares +15% · price −0.3% | 0.92% | $1.23B | −$3.6M | ||||||||
| Bank Nova Scotia HalifaxCOM · shares +50% · price +14.1% | 0.91% | $1.22B | +$100.3M | ||||||||
| SalesforceCOM · shares +11% · price +11.8% | 0.91% | $1.22B | +$115.6M | ||||||||
| Brookfield CorpCL A LTD VT SH · shares +54% · price −33.1% | 0.89% | $1.19B | −$382.0M | ||||||||
| Rogers Communications IncCL B · shares −12% · price +9.6% | 0.88% | $1.17B | +$103.2M | ||||||||
| Canadian Imperial Bank Of CoCOM · shares +26% · price +13.4% | 0.87% | $1.16B | +$108.7M | ||||||||
| Progressive CorpCOM · shares +7.2% · price −7.8% | 0.86% | $1.15B | −$90.5M | ||||||||
| Accenture Plc IrelandSHS CLASS A · shares +33% · price +8.8% | 0.79% | $1.05B | +$63.7M | ||||||||
| Fortis IncCOM · shares +9.1% · price +2.5% | 0.77% | $1.03B | +$23.1M | ||||||||
| Total · 1,018 positions | 100% | $133.60B | +$2.99B |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q3 2025 to Q4 2025: 896 stocks held throughout, up $2.99B (+2.7%).
- Alphabet+$757.9M+29%
- Royal Bk Cda+$531.2M+16%
- Netflix25:1 split+$459.0M+96%
- Toronto Dominion Bk Ont+$442.7M+18%
- Shopify Inc+$228.9M+8%
- Sea−$134.3M−29%
- Full Truck Alliance Co Ltd−$141.9M−17%
- Meta−$156.7M−10%
- Microsoft−$294.4M−7%
- Brookfield Corp−$382.0M−33%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 8 splits read into the share counts.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 13, 2026 | $139.27B+8% | SEC ↗ |
| Q1 2026 | May 15, 2026 | $128.75B−4% | SEC ↗ |
| Q4 2025 | Feb 17, 2026 | $133.60B+5% | SEC ↗ |
| Q3 2025 | Nov 13, 2025 | $127.26B+9% | SEC ↗ |
| Q2 2025 | Aug 14, 2025 | $117.10B+11% | SEC ↗ |
| Q1 2025 | May 12, 2025 | $105.25B−2% | SEC ↗ |
| Q4 2024 | Feb 13, 2025 | $107.04B−3% | SEC ↗ |
| Q3 2024 | Nov 13, 2024 | $110.32B+9% | SEC ↗ |
| Q2 2024 | Aug 13, 2024 | $101.14B+0% | SEC ↗ |
| Q1 2024 | May 13, 2024 | $100.86B+6% | SEC ↗ |
| Q4 2023 | Feb 13, 2024 | $95.18B+12% | SEC ↗ |
| Q3 2023 | Nov 13, 2023 | $84.91B−5% | SEC ↗ |
| Q2 2023 | Aug 11, 2023 | $89.00B+2% | SEC ↗ |
| Q1 2023 | May 11, 2023 | $87.18B+5% | SEC ↗ |
| Q4 2022 | Feb 13, 2023 | $83.33B+7% | SEC ↗ |
| Q3 2022 | Nov 10, 2022 | $77.76B−7% | SEC ↗ |
| Q2 2022 | Aug 12, 2022 | $84.03B−14% | SEC ↗ |
| Q1 2022 | May 13, 2022 | $97.56B+0% | SEC ↗ |
| Q4 2021 | Feb 14, 2022 | $97.50B+8% | SEC ↗ |
| Q3 2021 | Nov 15, 2021 | $90.05B−3% | SEC ↗ |
| Q2 2021 | Aug 13, 2021 | $93.16B+6% | SEC ↗ |
| Q1 2021 | May 14, 2021 | $87.86B+8% | SEC ↗ |
| Q4 2020 | Mar 23, 2021 (amended) | $81.21B+1% | SEC ↗ |
| Q3 2020 | Nov 13, 2020 | $80.63B+9% | SEC ↗ |
| Q2 2020 | Aug 13, 2020 | $74.16B+22% | SEC ↗ |
| Q1 2020 | May 14, 2020 | $60.86B−16% | SEC ↗ |
| Q4 2019 | Feb 7, 2020 | $72.13B+9% | SEC ↗ |
| Q3 2019 | Nov 13, 2019 | $66.13B−0% | SEC ↗ |
| Q2 2019 | Aug 13, 2019 | $66.34B+4% | SEC ↗ |
| Q1 2019 | May 13, 2019 | $63.83B+13% | SEC ↗ |
| Q4 2018 | Feb 13, 2019 | $56.35B−17% | SEC ↗ |
| Q3 2018 | Nov 9, 2018 | $67.62B+2% | SEC ↗ |
| Q2 2018 | Aug 10, 2018 | $66.31B+82% | SEC ↗ |
| Q1 2018 | May 14, 2018 | $36.38B+1% | SEC ↗ |
| Q4 2017 | Feb 12, 2018 | $35.93B+3% | SEC ↗ |
| Q3 2017 | Nov 13, 2017 | $34.88B+1% | SEC ↗ |
| Q2 2017 | Aug 29, 2017 (amended) | $34.67B−2% | SEC ↗ |
| Q1 2017 | May 11, 2017 | $35.55B+4% | SEC ↗ |
| Q4 2016 | Feb 10, 2017 | $34.11B+2% | SEC ↗ |
| Q3 2016 | Nov 14, 2016 | $33.41B+6% | SEC ↗ |
| Q2 2016 | Aug 11, 2016 | $31.39B−3% | SEC ↗ |
| Q1 2016 | May 16, 2016 | $32.30B | SEC ↗ |