JARISLOWSKY, FRASER Ltd
Institutional investor · Portfolio as of Q2 2020
Top Holdings210 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
TORONTO-DOMINION BANK | 22.2M | $986.7M | 6.2% | $37.18 | -6.37% | 7 qtrssince 2018-Q4 | Increased 64 |
CANADIAN NATL RAILWAY CO | 11.1M | $976.1M | 6.1% | $66.02 | +18.74% | 7 qtrssince 2018-Q4 | Increased 63 |
| 25.6M | $839.3M | 5.2% | — | — | 7 qtrssince 2018-Q4 | Increased 87 | |
ENBRIDGE INC | 25.4M | $770.5M | 4.8% | $20.16 | +5.40% | 7 qtrssince 2018-Q4 | Increased 59 |
OPEN TEXT CORP | 17M | $720.2M | 4.5% | $28.04 | +31.01% | 7 qtrssince 2018-Q4 | Increased 60 |
BANK OF NOVA SCOTIA | 16.1M | $664.7M | 4.2% | $34.80 | -13.62% | 7 qtrssince 2018-Q4 | Increased 59 |
MANULIFE FINANCIAL CORP | 44.3M | $600.8M | 3.8% | $10.56 | -1.85% | 7 qtrssince 2018-Q4 | Increased 60 |
THOMSON REUTERS CORP. | 8.8M | $593.2M | 3.7% | — | — | — | — |
RESTAURANT BRANDS INTERN | 10.1M | $550.3M | 3.4% | $40.50 | +12.72% | 7 qtrssince 2018-Q4 | Increased 60 |
SHOPIFY INC - CLASS A | 575,798 | $545.3M | 3.4% | $52.15 | +76.87% | 2 qtrssince 2020-Q1 | Increased 70 |
CGI INC | 8.5M | $533.8M | 3.3% | $69.04 | -8.93% | 6 qtrssince 2019-Q1 | Increased 60 |
MICROSOFT CORP | 2.3M | $460.5M | 2.9% | $97.97 | +93.38% | 7 qtrssince 2018-Q4 | Decreased 0 |
ROYAL BANK OF CANADA | 6.7M | $449.9M | 2.8% | $52.55 | +3.97% | 7 qtrssince 2018-Q4 | Decreased 0 |
NUTRIEN LTD | 13.5M | $432.5M | 2.7% | $36.94 | -25.53% | 7 qtrssince 2018-Q4 | Increased 55 |
STANTEC INC | 12.9M | $398.2M | 2.5% | $20.42 | +39.89% | 7 qtrssince 2018-Q4 | Increased 55 |
PEMBINA PIPELINE CORP | 12.6M | $312.8M | 2.0% | $20.52 | -11.93% | 7 qtrssince 2018-Q4 | Increased 50 |
GILDAN ACTIVEWEAR INC | 18.5M | $284.9M | 1.8% | $25.66 | -46.37% | 7 qtrssince 2018-Q4 | Increased 50 |
DESCARTES SYS GROUP INC | 4.5M | $235.8M | 1.5% | $27.67 | +83.53% | 7 qtrssince 2018-Q4 | Increased 49 |
UNITEDHEALTH GROUP INC | 781,195 | $230.4M | 1.4% | $215.40 | +23.04% | 7 qtrssince 2018-Q4 | Decreased 0 |
CAE INC | 14.2M | $230.1M | 1.4% | $17.65 | -7.75% | 7 qtrssince 2018-Q4 | Increased 50 |
JARISLOWSKY, FRASER Ltd manages $16B across 210 positions as of Q2 2020. Top holdings: TD (6.2%), CNI (6.1%), BAM/A (5.2%). Fund DNA: Steady Compounder. HoldingsIntel Rating: 1/5.0.
Active quarter - 11 new positions, 11 exits, 65 increased. Top move: BAM/A (INCREASED, conviction 87). Portfolio: $16.0B across 210 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Last filed Q3 2025 - no longer filing.
Position Outcomes
Best and worst performing positions by estimated return
Top Winners
Top Losers
Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
Similar Funds
Funds with similar investing DNA
Explore More
Accumulation Streaks
Positions with 2+ consecutive quarters of increases - persistent directional conviction.
Continue exploring
Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer