JARISLOWSKY, FRASER LtdJARISLOWSKY, FRASER Ltd

Institutional investor · Portfolio as of Q2 2020No 13F holdings reported for quarters after Q3 2025.

Top Holdings210 positions

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Activity:

TORONTO DOMINION BK ONT

22.2M$986.7M6.2%$37.18-6.37%
7 qtrssince 2018-Q4
Increased
64

CANADIAN NATL RY CO

11.1M$976.1M6.1%$66.02+18.74%
7 qtrssince 2018-Q4
Increased
63
25.6M$839.3M5.2%——
7 qtrssince 2018-Q4
Increased
87

ENBRIDGE INC

25.4M$770.5M4.8%$20.16+5.40%
7 qtrssince 2018-Q4
Increased
59

OPEN TEXT CORP

17M$720.2M4.5%$28.04+31.01%
7 qtrssince 2018-Q4
Increased
60

BANK NOVA SCOTIA B C

16.1M$664.7M4.2%$34.80-13.62%
7 qtrssince 2018-Q4
Increased
59

MANULIFE FINL CORP

44.3M$600.8M3.8%$10.56-1.85%
7 qtrssince 2018-Q4
Increased
60

THOMSON REUTERS CORP.

8.8M$593.2M3.7%———
Increased
59

RESTAURANT BRANDS INTL INC

10.1M$550.3M3.4%$40.50+12.72%
7 qtrssince 2018-Q4
Increased
60

Shopify Inc

575,798$545.3M3.4%$51.55+84.14%
2 qtrssince 2020-Q1
Increased
70

CGI INC

8.5M$533.8M3.3%$69.04-8.93%
6 qtrssince 2019-Q1
Increased
60

Microsoft Corp.

2.3M$460.5M2.9%$97.97+93.38%
7 qtrssince 2018-Q4
Decreased
0

ROYAL BK CDA

6.7M$449.9M2.8%$52.55+3.97%
7 qtrssince 2018-Q4
Decreased
0

NUTRIEN LTD

13.5M$432.5M2.7%$36.94-25.53%
7 qtrssince 2018-Q4
Increased
55

STANTEC INC COM

12.9M$398.2M2.5%$20.42+39.89%
7 qtrssince 2018-Q4
Increased
55

PEMBINA PIPELINE CORP

12.6M$312.8M2.0%$20.52-11.93%
7 qtrssince 2018-Q4
Increased
50

GILDAN ACTIVEWEAR INC

18.5M$284.9M1.8%$25.66-46.37%
7 qtrssince 2018-Q4
Increased
50

DESCARTES SYS GROUP INC

4.5M$235.8M1.5%$27.67+83.53%
7 qtrssince 2018-Q4
Increased
49

UnitedHealth Group Inc.

781,195$230.4M1.4%$215.40+23.04%
7 qtrssince 2018-Q4
Decreased
0

CAE INC

14.2M$230.1M1.4%$17.65-7.75%
7 qtrssince 2018-Q4
Increased
50
$16B
Reported value
210
Positions
Q2 2020
Filing
HI score · 1.0/5
Quarterly 13F Value Change
+10%Q1'19$16B+3%Q2'19$16.5B+8%Q3'19$17.8B+6%Q4'19$18.9B-27%Q1'20$13.7B+16%Q2'20$16B
Activity profile
$ moved · Q2'20
New7%Increased70%Decreased23%Exited0%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 1.4 years
<1Q1%1-4Q6%1-2Y92%2Y+0%

JARISLOWSKY, FRASER Ltd reported holdings worth $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 Score: 1/5.0.

Q2 2020 Summary

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

Total AUM$16B
TD6.17%
CNI6.10%
BAM/A5.25%
ENB4.82%
OTEX4.50%
BNS4.16%
MFC3.76%
TRI3.71%
QSR3.44%
SHOP3.41%
Other3.34%

Portfolio allocation by GICS sector

Sectors11
Financial Services22.43%
Technology17.83%
Industrials16.16%
Consumer Cyclical9.17%
Healthcare7.90%
Energy7.88%
Unknown7.31%
Consumer Defensive4.88%
Communication Services3.43%
Basic Materials2.78%
Other0.24%

Behavioral investing profile

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Steady Compounder- primarily Financial Services, Technology, Industrials
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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