JARISLOWSKY, FRASER LtdJARISLOWSKY, FRASER Ltd

Institutional investor · Portfolio as of Q1 2021No 13F holdings reported for quarters after Q3 2025.

Top Holdings216 positions

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Activity:

CANADIAN NATL RY CO

10.7M$1.2B6.1%$66.41+59.50%
10 qtrssince 2018-Q4
Decreased
0
24.9M$1.1B5.5%——
10 qtrssince 2018-Q4
Decreased
0

BANK NOVA SCOTIA B C

16.9M$1.1B5.2%$35.14+38.55%
10 qtrssince 2018-Q4
Decreased
0

ENBRIDGE INC

26.4M$962.8M4.8%$20.25+34.43%
10 qtrssince 2018-Q4
Decreased
0

MANULIFE FINL CORP

42.4M$911.6M4.5%$10.56+65.37%
10 qtrssince 2018-Q4
Decreased
0

OPEN TEXT CORP

16.3M$778.7M3.8%$28.17+47.23%
10 qtrssince 2018-Q4
Decreased
0

MAGNA INTL INC

8.4M$740M3.7%$37.37+97.16%
4 qtrssince 2020-Q2
Decreased
0

THOMSON REUTERS CORP.

8.3M$731.1M3.6%———
Decreased
0

TORONTO DOMINION BK ONT

11M$717.6M3.5%$37.17+44.11%
10 qtrssince 2018-Q4
Decreased
0

NUTRIEN LTD

13M$702.8M3.5%$36.85+28.26%
10 qtrssince 2018-Q4
Decreased
0

CGI INC

8.3M$687.8M3.4%$68.99+18.95%
9 qtrssince 2019-Q1
Decreased
0

RESTAURANT BRANDS INTL INC

9.8M$636.5M3.1%$40.66+36.82%
10 qtrssince 2018-Q4
Decreased
0

CAE INC

20.6M$586.5M2.9%$19.90+42.68%
10 qtrssince 2018-Q4
Decreased
0

GILDAN ACTIVEWEAR INC

17.7M$540.1M2.7%$25.50+9.22%
10 qtrssince 2018-Q4
Decreased
0

STANTEC INC COM

12.4M$529.9M2.6%$20.56+97.87%
10 qtrssince 2018-Q4
Decreased
0

Microsoft Corp.

2.2M$506.9M2.5%$97.97+127.60%
10 qtrssince 2018-Q4
Decreased
0

Shopify Inc

428,198$472.7M2.3%$51.55+114.65%
5 qtrssince 2020-Q1
Decreased
0

DESCARTES SYS GROUP INC

4.7M$287.8M1.4%$29.54+100.70%
10 qtrssince 2018-Q4
Increased
52

UnitedHealth Group Inc.

764,699$284.5M1.4%$215.99+59.99%
10 qtrssince 2018-Q4
Increased
49

Abbott Laboratories

2.3M$272.9M1.3%$64.14+68.26%
10 qtrssince 2018-Q4
Decreased
0
$20.3B
Reported value
216
Positions
Q1 2021
Filing
HI score · 1.0/5
Quarterly 13F Value Change
+6%Q4'19$18.9B-27%Q1'20$13.7B+16%Q2'20$16B+7%Q3'20$17B+15%Q4'20$19.6B+3%Q1'21$20.3B
Activity profile
$ moved · Q1'21
New11%Increased12%Decreased76%Exited0%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 2.0 years
<1Q5%1-4Q5%1-2Y10%2Y+80%

JARISLOWSKY, FRASER Ltd reported holdings worth $20.3B across 216 positions as of Q1 2021. Top holdings: CNI (6.1%), BAM/A (5.5%), BNS (5.2%). Fund DNA: Steady Compounder. HoldingsIntel Score: 1/5.0.

Q1 2021 Summary

Active quarter - 16 new positions, 19 exits, 50 increased. Top move: DSGX (INCREASED, conviction 52). Portfolio: $20.3B across 216 positions.

Top holdings by portfolio weight

Total AUM$20B
CNI6.11%
BAM/A5.46%
BNS5.23%
ENB4.75%
MFC4.50%
OTEX3.84%
MGA3.65%
TRI3.61%
TD3.54%
NTR3.47%
Other3.39%

Portfolio allocation by GICS sector

Sectors11
Financial Services20.79%
Industrials17.38%
Technology15.92%
Consumer Cyclical12.88%
Healthcare7.47%
Unknown7.45%
Energy5.68%
Basic Materials4.65%
Communication Services4.08%
Consumer Defensive3.47%
Other0.21%

Behavioral investing profile

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Steady Compounder- primarily Financial Services, Industrials, Technology
Compare DNA across all funds
7-dimension, SEC 13F-derived research score

No 13F holdings reported for quarters after Q3 2025.

Weak(1.0 / 5.0)
Holdings P&LNo data
Conviction36
Concentration0
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Position Outcomes

Best and worst performing positions by estimated return

Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.

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Accumulation Streaks

Positions with 2+ consecutive quarters of increases - persistent directional conviction.

Security
4Q
ABEVABEVAMBEV SA SPONSORED ADR
Q4 2024 → Q3 2025+27,156 shares+$51,151
4Q
HDBHDBHDFC BANK LTD
Q4 2024 → Q3 2025+1.7M shares+$9.6M
4Q
HLNHLNHALEON PLC SPON ADS
Q4 2024 → Q3 2025+180,513 shares+$588,008
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer

Verify source filings on SEC EDGAR

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