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TFI International Inc.

TFII
Exchange
NYSE
Industry
Trucking & Courier Services (No Air)
SEC CIK
0001588823

No open-market purchases or sales by TFI International Inc. insiders were filed in the last 90 days; 294 institutions reported holding it in 13F filings for Q2 2026, worth $8.38B in total; Maverick Capital is the only superinvestor holding it.

13F holders, Q4 2025

Institutional positions in TFI International Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
235
+2 vs. Q3 2025
Shares held
56.9M
+6.66M (+13.2%) vs. Q3 2025
Total value
$5.89B
+$1.46B (+33.0%) vs. Q3 2025
New holders
34
80 more added
Sold out
32
87 more reduced

3 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting TFII on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 235 institutions
Q1 2021: 174 institutionsQ2 2021: 169 institutionsQ3 2021: 196 institutionsQ4 2021: 213 institutionsQ1 2022: 212 institutionsQ2 2022: 217 institutionsQ3 2022: 213 institutionsQ4 2022: 229 institutionsQ1 2023: 250 institutionsQ2 2023: 250 institutionsQ3 2023: 260 institutionsQ4 2023: 257 institutionsQ1 2024: 289 institutionsQ2 2024: 273 institutionsQ3 2024: 291 institutionsQ4 2024: 296 institutionsQ1 2025: 257 institutionsQ2 2025: 255 institutionsQ3 2025: 236 institutionsQ4 2025: 235 institutionsQ1 2026: 251 institutionsQ2 2026: 294 institutions
Value heldQ4 2025: $5.89B
Q1 2021: $3.74BQ2 2021: $5.01BQ3 2021: $5.85BQ4 2021: $6.26BQ1 2022: $5.97BQ2 2022: $4.37BQ3 2022: $5.04BQ4 2022: $5.55BQ1 2023: $6.76BQ2 2023: $6.26BQ3 2023: $7.42BQ4 2023: $7.84BQ1 2024: $9.14BQ2 2024: $8.43BQ3 2024: $8.00BQ4 2024: $7.94BQ1 2025: $4.37BQ2 2025: $4.92BQ3 2025: $4.72BQ4 2025: $5.89BQ1 2026: $6.20BQ2 2026: $8.38B
Institutions holding TFII and their total value by quarter
QuarterHoldersValue
Q2 2026294$8.38B
Q1 2026251$6.20B
Q4 2025235$5.89B
Q3 2025236$4.72B
Q2 2025255$4.92B
Q1 2025257$4.37B
Q4 2024296$7.94B
Q3 2024291$8.00B
Q2 2024273$8.43B
Q1 2024289$9.14B
Q4 2023257$7.84B
Q3 2023260$7.42B
Q2 2023250$6.26B
Q1 2023250$6.76B
Q4 2022229$5.55B
Q3 2022213$5.04B
Q2 2022217$4.37B
Q1 2022212$5.97B
Q4 2021213$6.26B
Q3 2021196$5.85B
Q2 2021169$5.01B
Q1 2021174$3.74B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding TFI International Inc.; share changes are against Q3 2025.

Institutions holding TFII in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Caisse de Depot Et Placement du Quebec7,085,634$733.3M1.24%+1,402,273+24.7%Added
FIL Ltd6,039,182$624.2M0.47%−6,795−0.1%Reduced
1832 Asset Management L.P.4,618,775$477.4M0.60%+3,548,947+331.7%Added
FMR LLC3,955,530$408.8M0.02%+1,498,510+61.0%Added
Janus Henderson Group PLC3,780,501$390.7M0.17%+9,121+0.2%Added
Vanguard Group Inc3,424,218$353.9M0.01%+50,656+1.5%Added
Federation des caisses Desjardins du Quebec2,168,290$223.7M0.85%+3,253+0.2%Added
Royal Bank of Canada2,000,979$206.8M0.04%−365,623−15.4%Reduced
National Bank of Canada1,543,800$159.1M0.16%+53,472+3.6%Added
Manufacturers Life Insurance Company, The1,534,101$158.9M0.13%+1,071,017+231.3%Added
Turtle Creek Asset Management Inc.1,375,242$142.1M6.25%−445,485−24.5%Reduced
UBS Group AG1,261,744$130.4M0.03%+1,227,326+3,565.9%Added
Baillie Gifford & Co1,029,871$106.6M0.09%+10,693+1.0%Added
Norges Bank1,026,741$106.1M0.01%+1,026,741New
Bank of Montreal948,889$98.1M0.04%+62,706+7.1%Added
Dixon Mitchell Investment Counsel Inc.905,699$94.2M3.11%−6,340−0.7%Reduced
TD Asset Management Inc796,493$82.4M0.07%+88,875+12.6%Added
CIBC World Markets Inc.760,307$78.6M0.14%+30,941+4.2%Added
Geode Capital Management, LLC733,510$76.3M0.00%+38,200+5.5%Added
Connor, Clark & Lunn Investment Management Ltd.701,069$72.5M0.19%+8,282+1.2%Added
AQR Capital Management LLC678,889$70.2M0.04%+678,889New
Legal & General Group Plc440,538$45.6M0.01%+30,460+7.4%Added
Baskin Financial Services Inc.427,622$44.2M3.33%+263+0.1%Added
Canada Pension Plan Investment Board418,853$43.3M0.03%+8,990+2.2%Added
QV Investors Inc.409,736$42.4M3.47%−31,742−7.2%Reduced
Two Sigma Investments, LP408,375$42.2M0.06%−114,123−21.8%Reduced
CDAM (UK) Ltd402,135$41.6M7.56%+12,814+3.3%Added
Scotia Capital Inc.375,421$38.7M0.16%−28,804−7.1%Reduced
Goldman Sachs Group Inc353,219$36.5M0.01%−675,227−65.7%Reduced
JPMorgan Chase & Co335,268$34.6M0.00%−7,621−2.2%Reduced
Arrowstreet Capital, Limited Partnership323,707$33.5M0.02%−38,603−10.7%Reduced
Hauser Brothers GmbH322,200$33.3M23.67%00.0%Unchanged
Morgan Stanley303,800$31.4M0.00%−266,119−46.7%Reduced
Montrusco Bolton Investments Inc.299,155$31.0M0.39%+32,348+12.1%Added
TD Waterhouse Canada Inc.285,943$29.5M0.18%+12,887+4.7%Added
Scheer, Rowlett & Associates Investment Management Ltd.270,163$27.9M1.92%+104,681+63.3%Added
Charles Schwab Investment Management Inc252,269$26.1M0.00%+18,073+7.7%Added
Swiss National Bank207,200$21.5M0.01%−19,700−8.7%Reduced
Addenda Capital Inc.139,823$19.9M0.58%−2,043−1.4%Reduced
Massachusetts Financial Services Co192,675$19.9M0.01%−1,953−1.0%Reduced
Invesco Ltd.189,840$19.6M0.00%+31,676+20.0%Added
Northwest & Ethical Investments L.P.189,617$19.6M0.44%−15,544−7.6%Reduced
Bank of America Corp158,178$16.3M0.00%−162,734−50.7%Reduced
Dimensional Fund Advisors LP158,079$16.3M0.00%−39,198−19.9%Reduced
Schonfeld Strategic Advisors LLC149,885$15.5M0.08%+134,634+882.8%Added
Hill City Capital, LP145,000$15.0M0.57%00.0%Unchanged
Mackenzie Financial Corp141,859$14.8M0.02%+15,693+12.4%Added
Toronto Dominion Bank143,120$14.8M0.03%+43,305+43.4%Added
Nicola Wealth Management Ltd.126,600$13.1M1.19%+45,600+56.3%Added
Deutsche Bank AG126,152$13.0M0.00%+11,228+9.8%Added
Citadel Advisors LLC123,213$12.7M0.01%−484,820−79.7%Reduced
Public Sector Pension Investment Board119,596$12.4M0.04%+95,998+406.8%Added
Two Sigma Advisers, LP114,510$11.8M0.02%−123,100−51.8%Reduced
Bank of Nova Scotia112,350$11.6M0.02%−1,844−1.6%Reduced
BlackRock, Inc.95,184$9.84M0.00%−4,228−4.3%Reduced
Nicholas Investment Partners, LP85,989$8.89M0.65%+55,161+178.9%Added
Aviso Financial Inc.82,425$8.52M0.32%+1,081+1.3%Added
CIBC Asset Management Inc78,789$8.15M0.02%−3,983−4.8%Reduced
Kennedy Capital Management, Inc.78,201$8.08M0.17%−331−0.4%Reduced
Bank of New York Mellon Corp65,646$6.78M0.00%−4,853−6.9%Reduced
Amundi63,356$6.55M0.00%−18,912−23.0%Reduced
Victory Capital Management Inc58,725$6.07M0.00%+1,036+1.8%Added
Nuveen, LLC55,044$5.70M0.00%00.0%Unchanged
K.J. Harrison & Partners Inc50,295$5.21M0.69%+15,625+45.1%Added
Grantham, Mayo, Van Otterloo & Co. LLC49,002$5.06M0.01%+35,452+261.6%Added
Cidel Asset Management Inc46,270$4.79M0.34%+46,270New
Guardian Partners Inc.37,960$4.62M0.37%+37,960New
SIG North Trading, ULC43,720$4.52M0.79%+39,654+975.3%Added
Aviva PLC42,377$4.38M0.01%+2,531+6.4%Added
Barclays PLC41,422$4.28M0.00%−21,001−33.6%Reduced
British Columbia Investment Management Corp40,978$4.24M0.02%−4,240−9.4%Reduced
Great West Life Assurance Co40,596$4.19M0.01%−8,598−17.5%Reduced
AYAL Capital Advisors Ltd38,950$4.03M2.21%+26,700+218.0%Added
State of Wisconsin Investment Board37,700$3.90M0.01%+37,700New
Guardian Capital LP35,746$3.70M0.11%+5,700+19.0%Added
RBF Capital, LLC35,500$3.67M0.17%00.0%Unchanged
Citigroup Inc33,731$3.49M0.00%−1,973−5.5%Reduced
Pictet Asset Management Holding SA33,425$3.46M0.00%+785+2.4%Added
Manning & Napier Advisors LLC32,500$3.36M0.04%−5,952−15.5%Reduced
Norwood Investment Partners, LP32,000$3.31M3.72%00.0%Unchanged
Quantinno Capital Management LP30,713$3.17M0.01%+8,316+37.1%Added
Clear Harbor Asset Management, LLC30,378$3.14M0.21%−37−0.1%Reduced
APG Asset Management N.V.35,503$3.13M0.01%−4,487−11.2%Reduced
Sit Investment Associates Inc27,050$2.80M0.06%00.0%Unchanged
D. E. Shaw & Co., Inc.27,000$2.79M0.00%−6,574−19.6%Reduced
American Century Companies Inc25,347$2.62M0.00%+901+3.7%Added
Bessemer Group Inc25,124$2.60M0.00%−22−0.1%Reduced
Polar Asset Management Partners Inc.25,000$2.58M0.05%+25,000New
USS Investment Management Ltd24,810$2.56M0.01%+4,539+22.4%Added
PDT Partners, LLC24,661$2.55M0.17%−7,079−22.3%Reduced
Price T Rowe Associates Inc22,984$2.38M0.00%−8,967−28.1%Reduced
Capital World Investors22,090$2.28M0.00%+4,005+22.1%Added
Roundview Capital LLC21,284$2.20M0.14%+5,815+37.6%Added
Hudson Bay Capital Management LP21,228$2.19M0.01%+722+3.5%Added
Franklin Resources Inc20,612$2.13M0.00%+1,000+5.1%Added
Bank of Nova Scotia Trust Co20,223$2.09M0.18%+4,485+28.5%Added
Gotham Asset Management, LLC19,434$2.01M0.01%−11,469−37.1%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)18,511$1.92M0.00%−275−1.5%Reduced
Lansforsakringar Fondforvaltning AB (publ)18,398$1.90M0.01%+804+4.6%Added
Vestmark Advisory Solutions, Inc.18,196$1.88M0.03%+18,196New