Ontario Teachers' Pension Plan Board’s GFL Environmental GFL Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$937M	Hold	22,450,784	–	–	27.29%	1
2025 Q4	$964M	Sell	22,450,784 -1,846,726	-8%	-$82.5M	21.44%	1
2025 Q3	$1.15B	Sell	24,297,510 -2,144,003	-8%	-$104M	26.57%	1
2025 Q2	$1.34B	Hold	26,441,513	–	–	27.59%	1
2025 Q1	$1.28B	Sell	26,441,513 -8,915,854	-25%	-$404M	19.63%	1
2024 Q4	$1.57B	Hold	35,357,367	–	–	21.34%	1
2024 Q3	$1.41B	Hold	35,357,367	–	–	12.69%	1
2024 Q2	$1.38B	Hold	35,357,367	–	–	13.49%	1
2024 Q1	$1.22B	Sell	35,357,367 -3,994,476	-10%	-$138M	11.21%	1
2023 Q4	$1.36B	Hold	39,351,843	–	–	13.55%	1
2023 Q3	$1.25B	Hold	39,351,843	–	–	13.54%	1
2023 Q2	$1.53B	Sell	39,351,843 -4,309,029	-10%	-$157M	15.95%	1
2023 Q1	$1.51B	Hold	43,660,872	–	–	15.52%	1
2022 Q4	$1.28B	Hold	43,660,872	–	–	13.58%	1
2022 Q3	$1.1B	Hold	43,660,872	–	–	15.42%	1
2022 Q2	$1.12B	Hold	43,660,872	–	–	15.74%	1
2022 Q1	$1.42B	Hold	43,660,872	–	–	17.19%	1
2021 Q4	$1.65B	Sell	43,660,872 -2,984,536	-6%	-$116M	19.79%	1
2021 Q3	$1.73B	Hold	46,645,408	–	–	6.66%	2
2021 Q2	$1.49B	Sell	46,645,408 -4,179,417	-8%	-$137M	18.73%	1
2021 Q1	$1.78B	Hold	50,824,825	–	–	19.78%	1
2020 Q4	$1.48B	Hold	50,824,825	–	–	17.43%	2
2020 Q3	$1.08B	Hold	50,824,825	–	–	16.7%	2
2020 Q2	$954M	Hold	50,824,825	–	–	19.14%	1
2020 Q1	$787M	Buy	+50,824,825	New	+$800M	21.32%	1