JARISLOWSKY, FRASER LtdJARISLOWSKY, FRASER Ltd

Institutional investor · Portfolio as of Q1 2024No 13F holdings reported for quarters after Q3 2025.

Top Holdings196 positions

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Activity:

CANADIAN NATL RY CO

8.5M$1.1B6.4%$70.14+78.29%
22 qtrssince 2018-Q4
Decreased
0

BROOKFIELD CORP

21.7M$907.5M5.2%$20.62+33.22%
6 qtrssince 2022-Q4
Decreased
0

MICROSOFT CORP

1.6M$660.7M3.8%$102.37+303.15%
22 qtrssince 2018-Q4
Decreased
0

BANK NOVA SCOTIA HALIFAX

12.7M$659.7M3.8%$35.67+28.70%
22 qtrssince 2018-Q4
Decreased
0

THOMSON REUTERS CORP.

3.7M$580.1M3.3%$125.56+16.73%
4 qtrssince 2023-Q2
Decreased
0

OPEN TEXT CORP

14.9M$580.1M3.3%$28.56+23.60%
22 qtrssince 2018-Q4
Decreased
0

RESTAURANT BRANDS INTL INC

6.8M$537.1M3.1%$41.77+73.95%
22 qtrssince 2018-Q4
Decreased
0

CGI INC

4.7M$520.2M3.0%$69.41+57.71%
21 qtrssince 2019-Q1
Decreased
0

TC ENERGY CORP

12.8M$513.3M2.9%$33.40+9.15%
20 qtrssince 2019-Q2
Decreased
0

MANULIFE FINL CORP

20M$499.6M2.9%$10.43+121.37%
22 qtrssince 2018-Q4
Decreased
0

CAE INC

22M$454M2.6%$19.82+4.15%
22 qtrssince 2018-Q4
Increased
66

STANTEC INC

5.4M$452.5M2.6%$20.53+298.03%
22 qtrssince 2018-Q4
Decreased
0

GILDAN ACTIVEWEAR INC

11.2M$416.9M2.4%$25.24+41.16%
22 qtrssince 2018-Q4
Decreased
0

FRANCO NEV CORP

3.5M$414.4M2.4%$128.11-8.76%
13 qtrssince 2021-Q1
Increased
54

AMAZON COM INC

2.2M$398.7M2.3%$127.06+41.96%
22 qtrssince 2018-Q4
Decreased
0

BANK MONTREAL QUE

3.8M$374M2.1%$87.64+2.31%
22 qtrssince 2018-Q4
Increased
86

MAGNA INTL INC

6.8M$368.2M2.1%$38.70+28.31%
16 qtrssince 2020-Q2
Decreased
0

UNITEDHEALTH GROUP INC

655,100$324.1M1.9%$221.11+111.65%
22 qtrssince 2018-Q4
Increased
49

MASTERCARD INCORPORATED

670,944$323.1M1.9%$222.39+113.03%
22 qtrssince 2018-Q4
Decreased
0

DESCARTES SYS GROUP INC

3.3M$304.8M1.7%$31.57+189.96%
22 qtrssince 2018-Q4
Decreased
0
$17.4B
Reported value
196
Positions
Q1 2024
Filing
HI score · 1.0/5
Quarterly 13F Value Change
+6%Q4'22$15.3B+6%Q1'23$16.2B+4%Q2'23$16.8B-9%Q3'23$15.4B+11%Q4'23$17B+3%Q1'24$17.4B
Activity profile
$ moved · Q1'24
New4%Increased32%Decreased61%Exited4%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 4.4 years
<1Q2%1-4Q5%1-2Y4%2Y+89%

JARISLOWSKY, FRASER Ltd reported holdings worth $17.4B across 196 positions as of Q1 2024. Top holdings: CNI (6.4%), BN (5.2%), MSFT (3.8%). Fund DNA: Steady Compounder. HoldingsIntel Score: 1/5.0.

Q1 2024 Summary

Active quarter - 5 new positions, 30 exits, 34 increased. Top move: BMO (INCREASED, conviction 86). Portfolio: $17.4B across 196 positions.

Top holdings by portfolio weight

Total AUM$17B
CNI6.43%
BN5.21%
MSFT3.79%
BNS3.78%
TRI3.33%
OTEX3.33%
QSR3.08%
GIB2.98%
TRP2.94%
MFC2.87%
Other2.60%

Portfolio allocation by GICS sector

Sectors11
Financial Services24.41%
Industrials18.28%
Technology17.66%
Consumer Cyclical11.16%
Healthcare8.95%
Consumer Defensive4.62%
Energy3.96%
Communication Services3.59%
Basic Materials3.36%
Unknown2.13%
Other1.88%

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.

Similar Funds

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Accumulation Streaks

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

Security
4Q
ABEVABEVAMBEV SA
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
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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