ONTARIO TEACHERS PENSION PLAN BOARD
Q3 2021 Form 13-F
TORONTO, ONTARIO, CANADA
CIK 0000937567
· Institutional investment manager
Consolidated report · includes
2 managers
since Q4 2024
$26.0B Reported Value Total
Reported value
$26.0B
Quarter over quarter
+1.8%
Holdings
450
Top-10 concentration
85.9%
Filing Structure
Reports holdings for
- 2774719 Ontario Ltd (not a 13F filer in our records) · File #028-25088 · since Q4 2024
- 2698945 Ontario Ltd (not a 13F filer in our records) · since Q2 2026 · declared by one filing
- 2594868 Ontario Ltd · File #028-21405 · Q3 2021 – Q3 2024
- OTPP Environmental Services Trust · File #028-20316 · Q2 2020 – Q4 2023 · declared by one filing
- 1700480 ONTARIO INC (not a 13F filer in our records) · File #028-16546 · Q4 2014 – Q3 2021
- 2605267 Ontario Ltd (not a 13F filer in our records) · File #028-19568 · Q2 2019 – Q3 2020
- Classroom Investments Inc. (not a 13F filer in our records) · File #028-16238 · Q2 2014 – Q3 2019
- 2403304 Ontario Ltd (not a 13F filer in our records) · File #028-17770 · Q4 2016 – Q4 2018
- 1829356 Ontario Ltd (not a 13F filer in our records) · File #028-16547 · Q4 2014 – Q2 2017
Key People
Named on the latest Form 13-F filing — not necessarily an owner
Jonathan Law
Managing Director, Corporate & Investments Compliance
Filing Navigation
Coverage begins with the second quarter of 2013. Earlier quarters are not shown while their accuracy is being verified.
13F Metrics
Loading 13F Metrics
Q3 2021 13F record
Q3 2021 13F filing summary
| Period of report | September 30, 2021 |
|---|---|
| Filed | November 12, 2021 |
| Form | 13F-HR |
| Reported value | $26.0B |
| Positions | 450 |
| Change in reported value | +224.6% |
| New positions | 114 |
| Exited positions | 77 |
| Position turnover | 36.2% |
| Top-10 concentration | 85.9% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q2 2026 13F
Filed Aug 7, 2026
|
44 | $15.8B |
|
Q1 2026 13F
Filed May 11, 2026
|
145 | $3.5B |
|
Q4 2025 13F
Filed Feb 13, 2026
|
142 | $4.5B |
|
Q3 2025 13F
Filed Nov 7, 2025
|
151 | $4.3B |
|
Q2 2025 13F
Filed Aug 8, 2025
|
287 | $4.8B |
|
Q1 2025 13F
Filed May 9, 2025
|
394 | $6.5B |
|
Q4 2024 13F
Filed Feb 13, 2025
|
401 | $8.0B |
|
Q3 2024 13F
Filed Nov 8, 2024
|
396 | $11.8B |
|
Q2 2024 13F
Filed Aug 12, 2024
|
423 | $10.9B |
|
Q1 2024 13F
Filed May 10, 2024
|
449 | $11.5B |
|
Q4 2023 13F
Filed Feb 9, 2024
|
459 | $10.1B |
|
Q3 2023 13F
Filed Nov 13, 2023
|
462 | $9.2B |
|
Q2 2023 13F
Filed Aug 11, 2023
|
472 | $9.6B |
|
Q1 2023 13F
Filed May 12, 2023
|
464 | $9.7B |
|
Q4 2022 13F
Filed Feb 10, 2023
|
465 | $9.4B |
|
Q3 2022 13F
Filed Nov 10, 2022
|
458 | $7.1B |
|
Q2 2022 13F
Filed Aug 12, 2022
|
443 | $7.1B |
|
Q1 2022 13F
Filed May 13, 2022
|
444 | $8.3B |
|
Q4 2021 13F
Filed Feb 11, 2022
|
449 | $8.3B |
|
Q3 2021 13F
Filed Nov 12, 2021
|
450 | $26.0B |
33 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q3 2021
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | PANW 0.375 06/01/25 PALO ALTO NETWORKS INC | $17.2B | 65.94% |
| 2 | GFL GFL ENVIRONMENTAL INC | $1.7B | 6.66% |
| 3 | AZEK AZEK CO INC | $697.6M | 2.68% |
| 4 | MSFT MICROSOFT CORP | $683.8M | 2.63% |
| 5 | COOK TRAEGER INC | $516.8M | 1.99% |
| 6 | NOW SERVICENOW INC | $377.5M | 1.45% |
| 7 | NFLX NETFLIX INC | $356.8M | 1.37% |
| 8 | UNH UNITEDHEALTH GROUP INC | $315.6M | 1.21% |
| 9 | MS MORGAN STANLEY | $269.5M | 1.04% |
| 10 | CSX CSX CORP | $240.3M | 0.92% |
| 11 | CWK CUSHMAN WAKEFIELD PLC | $207.4M | 0.8% |
| 12 | STEM STEM INC | $176.1M | 0.68% |
| 13 | BERY BERRY GLOBAL GROUP INC | $165.0M | 0.63% |
| 14 | VRSK VERISK ANALYTICS INC | $122.5M | 0.47% |
| 15 | TMO THERMO FISHER SCIENTIFIC INC | $122.5M | 0.47% |
| 16 | DHR DANAHER CORPORATION | $121.4M | 0.47% |
| 17 | CNI CANADIAN NATL RY CO | $116.9M | 0.45% |
| 18 | CB CHUBB LIMITED | $115.6M | 0.44% |
| 19 | HD HOME DEPOT INC | $112.1M | 0.43% |
| 20 | ZTS ZOETIS INC | $111.9M | 0.43% |
Values as reported on the Q3 2021 Form 13F. Every position is in the holdings table below.