Connor, Clark & Lunn Investment Management Ltd. quarter change: Foreign Stocks, Reduced
In share positions in stocks (depositary receipts and foreign shares traded over the counter), from the quarter ended 2026-03-31 to 2026-06-30, Connor, Clark & Lunn Investment Management Ltd. opened 20 positions, added to 44, reduced 46, sold out of 10 and left 3 unchanged. The largest increase in value was TSM (+$272,307,190); the largest decrease was SHEL (-$103,706,743).
- SHEL: Country of operation —; Class SPON ADS; Shares 2026-03-31 1,431,231; Shares 2026-06-30 379,130.
- VALE: Country of operation —; Class SPONSORED ADS; Shares 2026-03-31 9,446,336; Shares 2026-06-30 4,051,623.
- SAP: Country of operation —; Class SPON ADR; Shares 2026-03-31 533,732; Shares 2026-06-30 100,549.
- NGG: Country of operation —; Class SPONSORED ADR NE; Shares 2026-03-31 1,844,307; Shares 2026-06-30 1,079,413.
Two Form 13F-HR filings compared (SEC CIK 1596800): 2026-03-31 (filed 2026-05-11) and 2026-06-30 (filed 2026-08-13). Rows for the same security, class and put/call are added together. Value change is the filed value at each quarter end, so it includes the price move; share change is the position change.
| Stock | Country of operation | Class | Shares 2026-03-31 | Shares 2026-06-30 | Share change | Value 2026-03-31 | Value 2026-06-30 | Value change |
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SHEL
SHELL PLC | | SPON ADS | 1,431,231 | 379,130 | -1,052,101 | $133,104,483 | $29,397,740 | -$103,706,743 |
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VALE
VALE S A | | SPONSORED ADS | 9,446,336 | 4,051,623 | -5,394,713 | $150,291,206 | $60,936,410 | -$89,354,796 |
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SAP
SAP SE | | SPON ADR | 533,732 | 100,549 | -433,183 | $91,380,256 | $15,495,606 | -$75,884,650 |
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NGG
NATIONAL GRID PLC | | SPONSORED ADR NE | 1,844,307 | 1,079,413 | -764,894 | $156,028,372 | $89,450,955 | -$66,577,417 |
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EQNR
EQUINOR ASA | | SPONSORED ADR | 1,794,125 | 1,136,057 | -658,068 | $75,712,075 | $35,672,190 | -$40,039,885 |
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HSBC
HSBC HLDGS PLC | | SPON ADR NEW | 936,567 | 392,331 | -544,236 | $77,257,412 | $37,306,755 | -$39,950,657 |
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INFY
INFOSYS LTD | | SPONSORED ADR | 5,590,707 | 3,673,219 | -1,917,488 | $75,530,452 | $38,532,067 | -$36,998,385 |
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SBSW
SIBANYE STILLWATER LTD | | SPONSORED ADR | 4,341,870 | 2,060,056 | -2,281,814 | $53,491,838 | $17,489,875 | -$36,001,963 |
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SNY
SANOFI SA | | SPONSORED ADR | 2,223,301 | 1,835,859 | -387,442 | $107,118,642 | $78,317,745 | -$28,800,897 |
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PBR
PETROLEO BRASILEIRO S A | | SPONSORED ADR | 1,213,029 | 107,782 | -1,105,247 | $25,170,352 | $1,741,757 | -$23,428,595 |
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GFI
GOLD FIELDS LTD | | SPONSORED ADR | 881,570 | 509,417 | -372,153 | $40,023,278 | $17,111,317 | -$22,911,961 |
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EC
ECOPETROL S A | | SPONSORED ADS | 1,548,879 | 688,121 | -860,758 | $23,217,696 | $9,798,843 | -$13,418,853 |
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PUK
PRUDENTIAL PLC | | ADR | 430,669 | 17,850 | -412,819 | $12,243,920 | $478,559 | -$11,765,361 |
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GSK
GSK PLC | | SPONSORED ADR | 2,817,445 | 2,767,591 | -49,854 | $155,494,790 | $145,077,121 | -$10,417,669 |
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EMBJ
EMBRAER S.A. | | SPONSORED ADS | 165,873 | 17,289 | -148,584 | $9,842,904 | $1,103,038 | -$8,739,866 |
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SQM
SOCIEDAD QUIMICA Y MINERA DE | | SPON ADR SER B | 132,150 | 34,883 | -97,267 | $10,696,221 | $2,582,737 | -$8,113,484 |
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TEVA
TEVA PHARMACEUTICAL INDS LTD | | SPONSORED ADS | 471,891 | 192,766 | -279,125 | $14,213,357 | $6,530,912 | -$7,682,445 |
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SSL
SASOL LTD | | SPONSORED ADR | 1,875,450 | 1,861,461 | -13,989 | $24,305,832 | $18,279,547 | -$6,026,285 |
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BCS
BARCLAYS PLC | | ADR | 2,530,530 | 2,206,641 | -323,889 | $53,546,015 | $59,270,377 | +$5,724,362 |
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PKX
POSCO HOLDINGS INC | | SPONSORED ADR | 158,308 | 69,031 | -89,277 | $9,259,435 | $3,546,813 | -$5,712,622 |
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BP
BP PLC | | SPONSORED ADR | 494,909 | 485,489 | -9,420 | $23,260,723 | $17,938,819 | -$5,321,904 |
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BZ
KANZHUN LIMITED | | SPONSORED ADS | 373,980 | 58,173 | -315,807 | $5,007,592 | $748,687 | -$4,258,905 |
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KOF
COCA-COLA FEMSA SAB DE CV | | SPONS ADS REP | 422,444 | 419,526 | -2,918 | $41,209,412 | $44,574,638 | +$3,365,226 |
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WIT
WIPRO LTD | | SPON ADR 1 SH | 4,999,640 | 3,459,939 | -1,539,701 | $10,599,237 | $7,784,863 | -$2,814,374 |
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HUYA
HUYA INC | China | ADS REP SHS A | 1,973,795 | 1,912,059 | -61,736 | $6,513,524 | $4,397,736 | -$2,115,788 |
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KEP
KOREA ELEC PWR CORP | | SPONSORED ADR | 188,325 | 51,485 | -136,840 | $2,683,631 | $622,969 | -$2,060,662 |
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LPL
LG DISPLAY CO LTD | | SPONS ADR REP | 1,817,086 | 1,288,840 | -528,246 | $7,050,294 | $5,013,588 | -$2,036,706 |
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DDL
DINGDONG CAYMAN LTD | | ADS | 2,991,782 | 2,954,267 | -37,515 | $7,688,880 | $5,701,736 | -$1,987,144 |
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ERIC
TELEFONAKTIEBOLAGET LM ERICS | | ADR B SEK 10 | 327,764 | 153,846 | -173,918 | $3,693,900 | $1,715,383 | -$1,978,517 |
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RDY
DR REDDYS LABS LTD | | ADR | 382,976 | 231,979 | -150,997 | $5,304,218 | $3,361,376 | -$1,942,842 |
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RIO
RIO TINTO PLC | | SPONSORED ADR | 92,839 | 71,234 | -21,605 | $8,660,950 | $6,762,244 | -$1,898,706 |
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BVN
COMPANIA DE MINAS BUENAVENTU | | SPONSORED ADR | 103,637 | 70,054 | -33,583 | $3,735,077 | $2,051,882 | -$1,683,195 |
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TUYA
TUYA INC | | SPONSERED ADS | 2,347,471 | 2,341,596 | -5,875 | $5,422,658 | $4,121,209 | -$1,301,449 |
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AXIAY
AXIA ENERGIA SA | Brazil | SPONSORED ADR | 1,498,897 | 1,481,790 | -17,107 | $16,907,558 | $15,647,702 | -$1,259,856 |
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RLX
RLX TECHNOLOGY INC | | SPONSORED ADS | 2,159,789 | 2,157,166 | -2,623 | $4,751,536 | $4,098,616 | -$652,920 |
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WPP
WPP PLC NEW | | ADR | 427,317 | 387,129 | -40,188 | $6,644,779 | $5,996,628 | -$648,151 |
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KB
KB FINL GROUP INC | | SPONSORED ADR | 411,657 | 385,810 | -25,847 | $41,054,553 | $40,494,618 | -$559,935 |
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DAO
YOUDAO INC | | SPONSORED ADS | 226,008 | 211,199 | -14,809 | $2,221,659 | $2,597,748 | +$376,089 |
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FINV
FINVOLUTION GROUP | China | SPONSORED ADS | 124,434 | 48,247 | -76,187 | $596,039 | $231,103 | -$364,936 |
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AVAL
GRUPO AVAL ACCIONES Y VALORE | | SPONSORED ADS | 72,612 | 12,530 | -60,082 | $319,493 | $63,026 | -$256,467 |
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NOAH
NOAH HLDGS LTD | | SPON ADS | 97,272 | 79,280 | -17,992 | $962,993 | $792,007 | -$170,986 |
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TKC
TURKCELL ILETISIM | | SPON ADR NEW | 68,666 | 50,055 | -18,611 | $414,056 | $294,323 | -$119,733 |
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AXICY
AXIA ENERGIA SA | Brazil | SPON ADS PF CL C | 176,383 | 176,148 | -235 | $1,926,102 | $1,858,361 | -$67,741 |
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IMOS
CHIPMOS TECHNOLOGIES INC | | SPONSORD ADS NEW | 10,134 | 5,138 | -4,996 | $362,595 | $330,117 | -$32,478 |
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NIU
NIU TECHNOLOGIES | | ADS | 20,960 | 20,434 | -526 | $60,574 | $41,072 | -$19,502 |
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MOMO
HELLO GROUP INC | | ADS | 517,150 | 512,603 | -4,547 | $2,978,784 | $2,973,097 | -$5,687 |
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