JARISLOWSKY, FRASER LtdJARISLOWSKY, FRASER Ltd

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

Top Holdings185 positions

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Activity:

CANADIAN NATL RY CO

9.2M$896.8M5.6%$73.51+30.87%
26 qtrssince 2018-Q4
Increased
62

BROOKFIELD CORP

15.8M$829.1M5.2%$20.62+66.95%
10 qtrssince 2022-Q4
Decreased
0

TORONTO DOMINION BK ONT

12.1M$726.6M4.6%$56.25+4.69%
26 qtrssince 2018-Q4
Increased
94

BANK MONTREAL QUE

6.5M$625.4M3.9%$85.47+7.62%
26 qtrssince 2018-Q4
Decreased
0

CAE INC

23.2M$570M3.6%$20.22+21.16%
26 qtrssince 2018-Q4
Decreased
0

THOMSON REUTERS CORP.

3.3M$563.6M3.5%$44.38+278.27%
26 qtrssince 2018-Q4
Decreased
0

TC ENERGY CORP

11.5M$543M3.4%$34.37+36.31%
24 qtrssince 2019-Q2
Decreased
0

MICROSOFT CORP

1.4M$542.1M3.4%$115.75+225.51%
26 qtrssince 2018-Q4
Increased
61

OPEN TEXT CORP

20.6M$520.5M3.3%$28.86-14.60%
26 qtrssince 2018-Q4
Increased
64

STANTEC INC

5.6M$467.5M2.9%$27.55+197.16%
26 qtrssince 2018-Q4
Increased
60

FRANCO NEV CORP

2.9M$450.5M2.8%$128.35+20.85%
17 qtrssince 2021-Q1
Decreased
0

CGI INC

4.3M$425.6M2.7%$69.71+40.46%
25 qtrssince 2019-Q1
Decreased
0

RESTAURANT BRANDS INTL INC

6.2M$414.9M2.6%$42.85+46.43%
26 qtrssince 2018-Q4
Decreased
0

SHOPIFY INC

4M$380.5M2.4%$71.65+33.26%
21 qtrssince 2020-Q1
Decreased
0

AMAZON COM INC

2M$374.1M2.3%$127.06+49.74%
26 qtrssince 2018-Q4
Decreased
0

UNITEDHEALTH GROUP INC

595,533$311.9M2.0%$223.49+126.32%
26 qtrssince 2018-Q4
Decreased
0

MASTERCARD INCORPORATED

568,326$311.5M2.0%$223.32+140.69%
26 qtrssince 2018-Q4
Decreased
0

GILDAN ACTIVEWEAR INC

7M$307.8M1.9%$25.50+74.80%
26 qtrssince 2018-Q4
Decreased
0

ABBOTT LABS

2.2M$287.8M1.8%$71.23+80.38%
26 qtrssince 2018-Q4
Decreased
0

FISERV INC

1.2M$271.2M1.7%$85.37+153.17%
26 qtrssince 2018-Q4
Decreased
0
$16B
Reported value
185
Positions
Q1 2025
Filing
HI score · 1.0/5
Quarterly 13F Value Change
+11%Q4'23$17B+3%Q1'24$17.4B-6%Q2'24$16.5B+9%Q3'24$17.9B-4%Q4'24$17.1B-7%Q1'25$16B
Activity profile
$ moved · Q1'25
New5%Increased26%Decreased68%Exited1%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 5.3 years
<1Q2%1-4Q3%1-2Y5%2Y+90%

JARISLOWSKY, FRASER Ltd reported holdings worth $16B across 185 positions as of Q1 2025. Top holdings: CNI (5.6%), BN (5.2%), TD (4.6%). Fund DNA: Steady Compounder. HoldingsIntel Score: 1/5.0.

Q1 2025 Summary

Active quarter - 3 new positions, 7 exits, 36 increased. Top move: TD (INCREASED, conviction 94). Portfolio: $16.0B across 185 positions.

Top holdings by portfolio weight

Total AUM$16B
CNI5.62%
BN5.20%
TD4.55%
BMO3.92%
CAE3.57%
TRI3.53%
TRP3.40%
MSFT3.40%
OTEX3.26%
STN2.93%
Other2.82%

Portfolio allocation by GICS sector

Sectors11
Financial Services25.00%
Industrials19.78%
Technology19.30%
Healthcare9.06%
Consumer Cyclical8.09%
Energy4.22%
Basic Materials3.75%
Consumer Defensive3.69%
Communication Services3.08%
Unknown2.18%
Other1.85%

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 ADR
Q4 2024 → Q3 2025+1.7M shares+$9.6M
4Q
HLNHLNHALEON PLC ADR
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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