CSIQNasdaqSemiconductors & Related DevicesFiscal year ends December 31
Canadian Solar Inc.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 10, 2026
$9.57−0.24 (-2.45%)
Close on Oct 19, 2026
- Market cap
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- P/E (TTM)
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- Dividend yield
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Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
60.1%
41M of 68M shares
Institutional holders
154
49 new, 23 sold out
Net institutional buying
8M
In Q2 2026
Insider trades, 12 months
0 buys · 2 sales
Net sold $62.98K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| PAG Castle Holdings Pte. Ltd. | 8,241,765 | 11.10% | 13G (passive) | Jan 17, 2025 |
| Venture Holding S.a.r.l. SPF | 6,000,000 | 8.96% | 13G (passive) amendment | Nov 6, 2025 |
| David E. Shaw | 5,529,197 | 8.00% | 13G (passive) amendment | Jul 16, 2026 |
| BlackRock, Inc. | 5,319,520 | 7.80% | 13G (passive) | Jun 30, 2026 |
| Mackenzie Financial Corp | 4,616,690 | 6.90% | 13G (passive) | Mar 31, 2026 |
| D. E. Shaw & Co., L.L.C. | 4,366,760 | 6.40% | 13G (passive) | Jan 13, 2026 |
| PAG Growth II LP | 10,989,020 | 14.10% | 13G (passive) amendment | Jul 3, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of CSIQ | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 5,319,525 | 7.84% | $85.22M | +3,692,227 | 0.00% |
| Mackenzie Financial Corp | 4,621,062 | 6.81% | $74.03M | +4,372 | 0.07% |
| D. E. Shaw & Co., Inc. | 3,826,650 | 5.64% | $61.30M | +774,217 | 0.03% |
| Invesco Ltd. | 2,765,941 | 4.08% | $44.31M | +341,504 | 0.00% |
| Legal & General Group Plc | 2,658,787 | 3.92% | $42.59M | +1,288,124 | 0.01% |
| Polunin Capital Partners Ltd | 2,120,414 | 3.13% | $31.85K | +118,545 | 7.82% |
| State Street Corp | 1,535,534 | 2.26% | $24.60M | +932,872 | 0.00% |
| Morgan Stanley | 1,337,112 | 1.97% | $21.42M | −268,049 | 0.00% |
| Two Sigma Investments, LP | 1,210,974 | 1.79% | $19.40M | −987,329 | 0.01% |
| Shah Capital Management | 923,716 | 1.36% | $14.80M | −40,841 | 2.81% |
| Crystal Cove Asset Management, LLC | 870,500 | 1.28% | $13.95M | New | 15.21% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 867,761 | 1.28% | $12.87M | +519,210 | 0.02% |
| Goldman Sachs Group Inc | 853,337 | 1.26% | $13.67M | −128,089 | 0.00% |
| Geode Capital Management, LLC | 785,688 | 1.16% | $12.59M | +682,935 | 0.00% |
| JPMorgan Chase & Co | 775,223 | 1.14% | $11.44M | −263,899 | 0.00% |
| UBS Group AG | 773,337 | 1.14% | $12.39M | +193,224 | 0.00% |
| Bank Of America Corp /De/ | 748,933 | 1.10% | $12.00M | −322,553 | 0.00% |
| Citigroup Inc | 657,663 | 0.97% | $10.54M | −2,609 | 0.00% |
| Barclays PLC | 597,448 | 0.88% | $9.57M | +191,482 | 0.00% |
| Renaissance Technologies LLC | 531,902 | 0.78% | $8.52M | +32,200 | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 154 | 41M | 60.1% | 49 / 46 | 32 / 23 | 13M | 5M |
| Q1 2026 | 128 | 33M | 48.9% | 27 / 41 | 34 / 36 | 10M | 3M |
| Q4 2025 | 138 | 27M | 39.1% | 40 / 29 | 42 / 18 | 9M | 8M |
| Q3 2025 | 116 | 26M | 38.2% | 24 / 33 | 34 / 23 | 6M | 6M |
| Q2 2025 | 115 | 25M | 37.3% | 20 / 23 | 53 / 24 | 2M | 8M |
| Q1 2025 | 120 | 31M | 45.9% | 12 / 37 | 47 / 28 | 6M | 17M |
| Q4 2024 | 136 | 43M | 63.0% | 21 / 32 | 58 / 19 | 17M | 7M |
| Q3 2024 | 135 | 33M | 48.9% | 14 / 49 | 49 / 30 | 11M | 4M |
| Q2 2024 | 153 | 31M | 45.9% | 27 / 52 | 46 / 44 | 8M | 9M |
| Q1 2024 | 172 | 32M | 47.4% | 31 / 58 | 61 / 30 | 5M | 7M |
| Q4 2023 | 174 | 34M | 50.5% | 25 / 60 | 58 / 25 | 6M | 5M |
| Q3 2023 | 177 | 33M | 49.3% | 28 / 70 | 49 / 50 | 6M | 6M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of CSIQ | Value | % of fund | As of |
|---|---|---|---|---|---|
| Invesco Solar ETF | 1,753,989 | 2.59% | $33.31M | 1.45% | May 31, 2026 |
| iShares Russell 2000 ETF | 1,273,149 | 1.88% | $20.40M | 0.02% | Jun 30, 2026 |
| iShares Global Clean Energy ETF | 989,588 | 1.46% | $14.92M | 0.65% | Jul 31, 2026 |
| Fidelity Small Cap Index Fund | 534,906 | 0.79% | $8.07M | 0.02% | Jul 31, 2026 |
| Invesco WilderHill Clean Energy ETF | 493,950 | 0.73% | $7.45M | 1.77% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 457,719 | 0.68% | $7.33M | 0.05% | Jun 30, 2026 |
| State Street(R) SPDR(R) S&P Kensho Clean Power ETF | 414,594 | 0.61% | $6.64M | 2.66% | Jun 30, 2026 |
| State Street(R) SPDR(R) S&P Kensho New Economies Composite ETF | 374,902 | 0.55% | $6.01M | 0.21% | Jun 30, 2026 |
| Old Westbury Small & Mid Cap Strategies Fund | 310,140 | 0.46% | $4.68M | 0.05% | Jul 31, 2026 |
| Optimize Strategy Index ETF | 174,540 | 0.26% | $2.80M | 0.98% | Jun 30, 2026 |
| iShares Micro-Cap ETF | 164,406 | 0.24% | $2.63M | 0.17% | Jun 30, 2026 |
| Schwab Fundamental International Small Equity ETF | 156,804 | 0.23% | $2.98M | 0.10% | May 31, 2026 |
| Electronics Fund | 144,071 | 0.21% | $2.31M | 0.77% | Jun 30, 2026 |
| Schwab Small-Cap Index Fund | 118,974 | 0.18% | $1.79M | 0.02% | Jul 31, 2026 |
| Invesco Global Clean Energy ETF | 116,280 | 0.17% | $1.75M | 0.96% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Shawn Xiaohua Qu | Chief Technology Officer, Director, 10% owner | 14,065,059 | 20.74% | Jul 14, 2026 |
| Colin Parkin | Chief Executive Officer, Director | 12,625 | 0.02% | Jul 13, 2026 |
| Yu (Kang) Chen | Lead General Counsel | 2,546 | 0.00% | Jul 13, 2026 |
| Pauline W. Wong | Corporate Secretary | 2,280 | 0.00% | Jul 13, 2026 |
| Xinbo Zhu | Chief Financial Officer | 150,844 | 0.22% | Jul 13, 2026 |
| Dylan Marx | Chief Operating Officer | 3,877 | 0.01% | May 28, 2026 |
| Andrew Luen Cheung Wong | Director | 809 | 0.00% | Jul 14, 2026 |
| Harry E. Ruda | Director | 46,491 | 0.07% | Jul 14, 2026 |
| Lauren C. Templeton | Director | 24,603 | 0.04% | Jul 13, 2026 |
| Leslie Li Hsien Chang | Director | 809 | 0.00% | Jul 13, 2026 |
| Yuan Qu | Director | 1,851 | 0.00% | Mar 18, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Andrew Luen Cheung Wong Director | Jul 2, 2026 | Option exercise | +809 | – | – | 809 |
| Andrew Luen Cheung Wong Director | Jul 2, 2026 | Tax withholding | −4 | $15.69 | $63 | 805 |
| Lauren C. Templeton Director | Jul 2, 2026 | Option exercise | +809 | – | – | 24,603 |
| Lauren C. Templeton Director | Jul 2, 2026 | Tax withholding | −4 | $15.69 | $63 | 24,599 |
| Harry E. Ruda Director | Jul 2, 2026 | Option exercise | +809 | – | – | 46,491 |
| Harry E. Ruda Director | Jul 2, 2026 | Tax withholding | −493 | $15.69 | $7.74K | 45,998 |
| Leslie Li Hsien Chang Director | Jul 2, 2026 | Option exercise | +809 | – | – | 809 |
| Leslie Li Hsien Chang Director | Jul 2, 2026 | Tax withholding | −4 | $15.69 | $63 | 805 |
| Dylan Marx Chief Operating Officer | May 26, 2026 | Tax withholding | −983 | $19.45 | $19.12K | 4,554 |
| Dylan Marx Chief Operating Officer | May 26, 2026 | Option exercise | +1,660 | – | – | 5,537 |
| Xinbo Zhu Chief Financial Officer | May 26, 2026 | Tax withholding | −6 | $19.45 | $117 | 150,844 |
| Xinbo Zhu Chief Financial Officer | May 26, 2026 | Option exercise | +2,490 | – | – | 150,850 |
| Shawn Xiaohua Qu Chief Technology Officer, Director, 10% owner | May 26, 2026 | Tax withholding | −6 | $19.45 | $117 | 13,789,124 |
| Shawn Xiaohua Qu Chief Technology Officer, Director, 10% owner | May 26, 2026 | Option exercise | +4,980 | – | – | 13,789,130 |
| Leslie Li Hsien Chang Director | May 26, 2026 | Sale | −1,767 | $19.45 | $34.37K | 0 |
| Dylan Marx Chief Operating Officer | May 21, 2026 | Tax withholding | −903 | $16.34 | $14.76K | 3,877 |
| Dylan Marx Chief Operating Officer | May 21, 2026 | Option exercise | +1,527 | – | – | 4,780 |
| Dylan Marx Chief Operating Officer | May 21, 2026 | Option exercise | +1,527 | – | – | 3,750 |
| Dylan Marx Chief Operating Officer | May 21, 2026 | Tax withholding | −903 | $16.34 | $14.76K | 2,847 |
| Xinbo Zhu Chief Financial Officer | May 21, 2026 | Tax withholding | −3 | $16.34 | $49 | 148,360 |
| Xinbo Zhu Chief Financial Officer | May 21, 2026 | Option exercise | +3,054 | – | – | 148,363 |
| Shawn Xiaohua Qu Chief Technology Officer, Director, 10% owner | May 21, 2026 | Tax withholding | −3 | $16.34 | $49 | 13,784,150 |
| Shawn Xiaohua Qu Chief Technology Officer, Director, 10% owner | May 21, 2026 | Option exercise | +4,582 | – | – | 13,784,153 |
| Andrew Luen Cheung Wong Director | May 19, 2026 | Sale | −1,752 | $16.33 | $28.61K | 0 |
| Dylan Marx Chief Operating Officer | May 13, 2026 | Tax withholding | −1,604 | $19.83 | $31.81K | 3,253 |
| Dylan Marx Chief Operating Officer | May 13, 2026 | Option exercise | +2,717 | – | – | 4,857 |
| Xinbo Zhu Chief Financial Officer | May 13, 2026 | Option exercise | +5,422 | – | – | 145,312 |
| Xinbo Zhu Chief Financial Officer | May 13, 2026 | Tax withholding | −3 | $19.83 | $59 | 145,309 |
| Yu (Kang) Chen Lead General Counsel | May 13, 2026 | Option exercise | +2,711 | – | – | 5,257 |
| Yu (Kang) Chen Lead General Counsel | May 13, 2026 | Tax withholding | −898 | $19.83 | $17.81K | 4,359 |
| Shawn Xiaohua Qu Chief Technology Officer, Director, 10% owner | May 13, 2026 | Option exercise | +8,133 | – | – | 13,779,574 |
| Shawn Xiaohua Qu Chief Technology Officer, Director, 10% owner | May 13, 2026 | Tax withholding | −3 | $19.83 | $59 | 13,779,571 |
| Dylan Marx Chief Operating Officer | May 13, 2026 | Option exercise | +2,717 | – | – | 3,827 |
| Dylan Marx Chief Operating Officer | May 13, 2026 | Tax withholding | −1,604 | $19.83 | $31.81K | 2,223 |
| Lauren C. Templeton Director | Apr 2, 2026 | Tax withholding | −4 | $13.21 | $53 | 23,794 |
| Lauren C. Templeton Director | Apr 2, 2026 | Option exercise | +770 | – | – | 23,798 |
| Leslie Li Hsien Chang Director | Apr 2, 2026 | Tax withholding | −4 | $13.21 | $53 | 1,767 |
| Leslie Li Hsien Chang Director | Apr 2, 2026 | Option exercise | +770 | – | – | 1,771 |
| Harry E. Ruda Director | Apr 2, 2026 | Option exercise | +770 | – | – | 46,152 |
| Harry E. Ruda Director | Apr 2, 2026 | Tax withholding | −470 | $13.21 | $6.21K | 45,682 |
| Andrew Luen Cheung Wong Director | Apr 2, 2026 | Tax withholding | −4 | $13.21 | $53 | 1,752 |
| Andrew Luen Cheung Wong Director | Apr 2, 2026 | Option exercise | +770 | – | – | 1,756 |
| Shawn Xiaohua Qu Director | Apr 1, 2026 | Option exercise | +18,779 | $9.33 | $175.21K | 13,771,441 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Huifeng Chang Director | Jun 16, 2026 | 7,889 | $133.17K | Jun 16, 2026 | EMPLOYEE SHARE INCENTIVE PLAN |
| Leslie Li Hsien Chang Director, INDEPENDENT DIRECTOR | May 26, 2026 | 1,767 | $33.36K | May 26, 2026 | EMPLPOYEE SHARE INCENTIVE PLAN |
| Andrew Luen Cheung Wong Director, INDEPENDENT DIRECTOR | May 19, 2026 | 1,752 | $30.10K | May 19, 2026 | EMPLOYEE SHARE INCENTIVE PLAN |
| Leslie Li Hsien Chang Director, Independent Director | Nov 20, 2025 | 2,200 | $58.04K | Nov 20, 2025 | Employee Share Incentive Plan |
| Andrew Luen Cheung Wong Director, INDEPENDENT DIRECTOR | Nov 17, 2025 | 1,752 | $58.83K | Nov 17, 2025 | EMPLOYEE SHARE INCENTIVE PLAN |
| Yan Zhuang Officer, Director, AFFILIATE | Nov 17, 2025 | 30,000 | $1.01M | Nov 17, 2025 | EMPLOYEE SHARE INCENTIVE PLAN |
| Leslie Li Hsien Chang Director, INDEPENDENT DIRECTOR | Sep 9, 2025 | 5,000 | $54.60K | Sep 9, 2025 | EMPLOYEE SHARE INCENTIVE PLAN |
| Andrew Luen Cheung Wong Director, INDEPENDENT DIRECTOR | Sep 8, 2025 | 6,773 | $75.65K | Sep 8, 2025 | EMPLPOYEE SHARE INCENTIVE PLAN |
| Huifeng Chang Officer, CORPORATE VP | Jun 16, 2025 | 21,743 | $240.04K | Jun 16, 2025 | EMPLOYEE SHARE INCENTIVE PLAN |
| Huifeng Chang Officer, CORPORATE VP | Jun 11, 2025 | 5,579 | $63.43K | Jun 11, 2025 | EMPLOYEE SHARE INCENTIVE PLAN |
| Leslie Li Hsien Chang Director, INDEPENDENT DIRECTOR | May 22, 2025 | 20,000 | $210.00K | May 22, 2025 | EMPLOYEE SHARE INCENTIVE PLAN |
| Andrew Luen Cheung Wong Director, INDEPENDENT DIRECTOR | Dec 16, 2024 | 2,878 | $36.52K | Dec 16, 2024 | EMPLOYEE SHARE INCENTIVE PLAN |
| Andrew Luen Cheung Wong Director, INDEPENDENT DIRECTOR | Sep 11, 2024 | 3,687 | $45.61K | Sep 11, 2024 | EMPLOYEE SHARE INCENTIVE PLAN |
| Huifeng Chang Officer, SENIOR VP AND CHIEF STRATEGY OFFICER | Jun 12, 2024 | 20,000 | $359.40K | Jun 12, 2024 | EMPLOYEE SHARE INCENTIVE PLAN |
| Huifeng Chang Officer, SENIOR VP AND CHIEF STRATEGY OFFICER | Jun 11, 2024 | 20,000 | $352.40K | Jun 11, 2024 | EMPLOYEE SHARE INCENTIVE PLAN |