JARISLOWSKY, FRASER LtdJARISLOWSKY, FRASER Ltd

Institutional investor · Portfolio as of Q2 2024No 13F holdings reported for quarters after Q3 2025.

Top Holdings185 positions

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Activity:

CANADIAN NATL RY CO

8.6M$1B6.2%$71.52+60.30%
23 qtrssince 2018-Q4
Increased
63

BROOKFIELD CORP CL A LTD VT SH

21.1M$879.2M5.3%$20.62+33.09%
7 qtrssince 2022-Q4
Decreased
0

Microsoft Corp.

1.5M$670.5M4.1%$101.99+333.38%
23 qtrssince 2018-Q4
Decreased
0

THOMSON REUTERS CORP

3.6M$604.9M3.7%$44.38+269.14%
23 qtrssince 2018-Q4
Decreased
0

BANK NOVA SCOTIA B C

12.7M$580.1M3.5%$36.68+15.56%
23 qtrssince 2018-Q4
Decreased
0

MANULIFE FINL CORP

18.6M$494.2M3.0%$10.56+141.95%
23 qtrssince 2018-Q4
Decreased
0

TC ENERGY CORP

12.6M$477.3M2.9%$34.37+4.77%
21 qtrssince 2019-Q2
Decreased
0

OPEN TEXT CORP

15.7M$471.4M2.9%$29.44-3.24%
23 qtrssince 2018-Q4
Increased
56

RESTAURANT BRANDS INTL INC

6.7M$470.2M2.9%$42.85+55.58%
23 qtrssince 2018-Q4
Decreased
0

CGI INC

4.6M$460M2.8%$69.71+42.61%
22 qtrssince 2019-Q1
Decreased
0

STANTEC INC COM

5.3M$445M2.7%$20.56+303.38%
23 qtrssince 2018-Q4
Decreased
0

BANK MONTREAL QUE

5.2M$439.7M2.7%$85.02-8.37%
23 qtrssince 2018-Q4
Increased
70

Amazon.com, Inc.

2.2M$418.9M2.5%$127.06+52.09%
23 qtrssince 2018-Q4
Decreased
0

GILDAN ACTIVEWEAR INC

11M$418.3M2.5%$25.50+45.42%
23 qtrssince 2018-Q4
Decreased
0

CAE INC

22.2M$413.2M2.5%$19.84-6.33%
23 qtrssince 2018-Q4
Increased
54

FRANCO NEV CORP

3.4M$407.1M2.5%$128.35-8.65%
14 qtrssince 2021-Q1
Decreased
0

UnitedHealth Group Inc.

654,348$333.2M2.0%$223.49+120.76%
23 qtrssince 2018-Q4
Decreased
0

MAGNA INTL INC

7.1M$299.5M1.8%$38.70-0.32%
17 qtrssince 2020-Q2
Increased
52

Shopify Inc

4.4M$293.2M1.8%$68.76-3.94%
18 qtrssince 2020-Q1
Increased
57

Alphabet Inc.

1.6M$291.3M1.8%$55.95+222.85%
23 qtrssince 2018-Q4
Decreased
0
$16.5B
Reported value
185
Positions
Q2 2024
Filing
HI score · 1.0/5
Quarterly 13F Value Change
+6%Q1'23$16.2B+4%Q2'23$16.8B-9%Q3'23$15.4B+11%Q4'23$17B+3%Q1'24$17.4B-6%Q2'24$16.5B
Activity profile
$ moved · Q2'24
New1%Increased32%Decreased66%Exited1%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 4.6 years
<1Q3%1-4Q3%1-2Y5%2Y+89%

JARISLOWSKY, FRASER Ltd reported holdings worth $16.5B across 185 positions as of Q2 2024. Top holdings: CNI (6.2%), BN (5.3%), MSFT (4.1%). Fund DNA: Steady Compounder. HoldingsIntel Score: 1/5.0.

Q2 2024 Summary

Active quarter - 8 new positions, 19 exits, 28 increased. Top move: BMO (INCREASED, conviction 70). Portfolio: $16.5B across 185 positions.

Top holdings by portfolio weight

Total AUM$16B
CNI6.18%
BN5.34%
MSFT4.07%
TRI3.67%
BNS3.52%
MFC3.00%
TRP2.90%
OTEX2.86%
QSR2.86%
GIB2.79%
Other2.70%

Portfolio allocation by GICS sector

Sectors11
Financial Services24.73%
Industrials18.19%
Technology17.88%
Consumer Cyclical10.88%
Healthcare9.05%
Consumer Defensive4.27%
Communication Services4.11%
Energy3.71%
Basic Materials3.35%
Unknown1.99%
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
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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