Caisse de Depot et Placement du Quebec (CDPQ)’s Vanguard Real Estate ETF VNQ Stock Holding History

Caisse de Depot et Placement du Quebec (CDPQ)’s Portfolio VNQ Stock Details VNQ Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-1,223,000	Closed	-$112M	–	610
2025 Q3	$112M	Buy	1,223,000 +542,700	+80%	+$49.2M	0.2%	123
2025 Q2	$60.6M	Sell	680,300 -164,800	-20%	-$14.5M	0.13%	173
2025 Q1	$76.5M	Sell	845,100 -2,513,800	-75%	-$228M	0.16%	146
2024 Q4	$299M	Buy	+3,358,900	New	+$317M	0.62%	38
2024 Q3	–	Sell	-2,841,900	Closed	-$238M	–	538
2024 Q2	$238M	Sell	2,841,900 -1,778,300	-38%	-$147M	0.58%	39
2024 Q1	$400M	Buy	4,620,200 +4,401,800	+2,015%	+$376M	0.96%	18
2023 Q4	$19.3M	Sell	218,400 -261,600	-55%	-$20.7M	0.05%	243
2023 Q3	$36.3M	Buy	+480,000	New	+$39.6M	0.1%	177
2023 Q1	–	Sell	-1,507,000	Closed	-$124M	–	603
2022 Q4	$124M	Buy	+1,507,000	New	+$125M	0.38%	62

Other funds holding VNQ

Empower Advisory Group Greenwood Village, Colorado $38.5B AUM 18.4% 1-Year Est. Return

Creative Planning Overland Park, Kansas $147B AUM 18.73% 1-Year Est. Return

Northwestern Mutual Wealth Management Milwaukee, Wisconsin $162B AUM 16.35% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Wealthfront Advisers Palo Alto, California $45.6B AUM 18.83% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

State of New Jersey Common Pension Fund D Trenton, New Jersey $25.9B AUM 26.38% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

US Bancorp Minneapolis, Minnesota $82.4B AUM 19.69% 1-Year Est. Return

Prudential Financial Newark, New Jersey $81.2B AUM 27.81% 1-Year Est. Return

Caisse de Depot et Placement du Quebec (CDPQ)'s VNQ Position: Q4 2025 in Review

Caisse de Depot et Placement du Quebec (CDPQ) sold out of Vanguard Real Estate ETF (VNQ) in Q4 2025, closing a stake of 1,223,000 shares — an estimated $112M sold.

Caisse de Depot et Placement du Quebec (CDPQ) first reported a position in VNQ in Q4 2022 and held it in 9 quarters. The position peaked at $400M in Q1 2024. 1,753 funds tracked by Wall St. Rank hold VNQ as of Q4 2025.

Caisse de Depot et Placement du Quebec (CDPQ) reported no remaining Vanguard Real Estate ETF position as of Q4 2025 after selling out during the quarter.
Caisse de Depot et Placement du Quebec (CDPQ) sold 1,223,000 Vanguard Real Estate ETF shares in Q4 2025, an estimated $112M.
Caisse de Depot et Placement du Quebec (CDPQ) first reported a position in Vanguard Real Estate ETF in Q4 2022 and held it in 9 quarters.
Caisse de Depot et Placement du Quebec (CDPQ)'s Vanguard Real Estate ETF position peaked at $400M in Q1 2024.
1,753 funds tracked by Wall St. Rank held Vanguard Real Estate ETF as of Q4 2025.

Based on Caisse de Depot et Placement du Quebec (CDPQ)'s 13F filing for Q4 2025, filed 17 Feb 2026.