JARISLOWSKY, FRASER LtdJARISLOWSKY, FRASER Ltd

Institutional investor · Portfolio as of Q2 2021No 13F holdings reported for quarters after Q3 2025.

Top Holdings228 positions

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Activity:

CANADIAN NATL RY CO

12.2M$1.3B6.0%$70.23+38.87%
11 qtrssince 2018-Q4
Increased
71
24.5M$1.2B5.8%——
11 qtrssince 2018-Q4
Decreased
0

BANK NOVA SCOTIA B C

15.9M$1B4.9%$35.14+44.50%
11 qtrssince 2018-Q4
Decreased
0

OPEN TEXT CORP

17.9M$912M4.3%$29.73+53.10%
11 qtrssince 2018-Q4
Increased
64

Shopify Inc

594,140$869.8M4.1%$77.96+87.41%
6 qtrssince 2020-Q1
Increased
77

MANULIFE FINL CORP

41.7M$821.1M3.8%$10.56+51.64%
11 qtrssince 2018-Q4
Decreased
0

THOMSON REUTERS CORP.

8.2M$814.8M3.8%———
Decreased
0

NUTRIEN LTD

12.8M$777.7M3.6%$36.85+40.75%
11 qtrssince 2018-Q4
Decreased
0

MAGNA INTL INC

8.4M$776.6M3.6%$37.37+108.40%
5 qtrssince 2020-Q2
Decreased
0

CGI INC

8.1M$733.6M3.4%$68.99+32.65%
10 qtrssince 2019-Q1
Decreased
0

GILDAN ACTIVEWEAR INC

17.3M$639.8M3.0%$25.50+34.60%
11 qtrssince 2018-Q4
Decreased
0

RESTAURANT BRANDS INTL INC

9.6M$620.2M2.9%$40.66+35.44%
11 qtrssince 2018-Q4
Decreased
0

TORONTO DOMINION BK ONT

8.6M$604.7M2.8%$37.17+55.92%
11 qtrssince 2018-Q4
Decreased
0

Microsoft Corp.

2.2M$589.1M2.8%$99.83+162.07%
11 qtrssince 2018-Q4
Increased
54

STANTEC INC COM

12.2M$543.3M2.5%$20.56+108.28%
11 qtrssince 2018-Q4
Decreased
0

ENBRIDGE INC

12.8M$511.2M2.4%$20.25+48.70%
11 qtrssince 2018-Q4
Decreased
0

CAE INC

15.2M$467.8M2.2%$19.90+53.63%
11 qtrssince 2018-Q4
Decreased
0

FRANCO NEV CORP

2.7M$392.8M1.8%$130.28+6.60%
2 qtrssince 2021-Q1
Increased
79

DESCARTES SYS GROUP INC

4.8M$330.4M1.5%$30.01+134.59%
11 qtrssince 2018-Q4
Increased
49

Amazon.com, Inc.

91,987$316.4M1.5%$129.15+33.19%
11 qtrssince 2018-Q4
Increased
63
$21.4B
Reported value
228
Positions
Q2 2021
Filing
HI score · 1.0/5
Quarterly 13F Value Change
-27%Q1'20$13.7B+16%Q2'20$16B+7%Q3'20$17B+15%Q4'20$19.6B+3%Q1'21$20.3B+5%Q2'21$21.4B
Activity profile
$ moved · Q2'21
New3%Increased46%Decreased50%Exited0%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 2.1 years
<1Q8%1-4Q5%1-2Y6%2Y+81%

JARISLOWSKY, FRASER Ltd reported holdings worth $21.4B across 228 positions as of Q2 2021. Top holdings: CNI (6.0%), BAM/A (5.8%), BNS (4.9%). Fund DNA: Steady Compounder. HoldingsIntel Score: 1/5.0.

Q2 2021 Summary

Active quarter - 21 new positions, 9 exits, 70 increased. Top move: FNV (INCREASED, conviction 79). Portfolio: $21.4B across 228 positions.

Top holdings by portfolio weight

Total AUM$21B
CNI6.01%
BAM/A5.84%
BNS4.86%
OTEX4.27%
SHOP4.07%
MFC3.84%
TRI3.81%
NTR3.64%
MGA3.63%
GIB3.43%
Other2.99%

Portfolio allocation by GICS sector

Sectors11
Financial Services19.05%
Technology18.74%
Industrials16.79%
Consumer Cyclical13.19%
Unknown7.69%
Healthcare7.42%
Basic Materials6.04%
Communication Services4.19%
Consumer Defensive3.66%
Energy3.05%
Other0.19%

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.

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Accumulation Streaks

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

Security
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Q4 2024 → Q3 2025+27,156 shares+$51,151
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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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