JARISLOWSKY, FRASER LtdJARISLOWSKY, FRASER Ltd

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

Top Holdings206 positions

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Activity:

CANADIAN NATL RY CO

11.2M$1.2B7.0%$66.41+45.05%
8 qtrssince 2018-Q4
Increased
63

TORONTO DOMINION BK ONT

22.6M$1B6.1%$37.17-1.11%
8 qtrssince 2018-Q4
Increased
63
26.2M$863.5M5.1%——
8 qtrssince 2018-Q4
Increased
63

ENBRIDGE INC

27.1M$789.5M4.6%$20.22+4.40%
8 qtrssince 2018-Q4
Increased
62

OPEN TEXT CORP

17.3M$728.6M4.3%$28.17+29.95%
8 qtrssince 2018-Q4
Increased
59

THOMSON REUTERS CORP.

8.9M$706M4.1%———
Increased
59

BANK NOVA SCOTIA B C

16.3M$676.9M4.0%$34.75-10.61%
8 qtrssince 2018-Q4
Increased
59

MANULIFE FINL CORP

45.3M$627.4M3.7%$10.56+3.94%
8 qtrssince 2018-Q4
Increased
59

RESTAURANT BRANDS INTL INC

10.4M$593.9M3.5%$40.66+17.68%
8 qtrssince 2018-Q4
Increased
59

CGI INC

8.7M$587.7M3.4%$68.99-3.28%
7 qtrssince 2019-Q1
Increased
59

NUTRIEN LTD

13.8M$540.3M3.2%$36.85-11.04%
8 qtrssince 2018-Q4
Increased
59

Microsoft Corp.

2.2M$470.7M2.8%$97.97+102.46%
8 qtrssince 2018-Q4
Decreased
0

Shopify Inc

451,501$460.3M2.7%$51.55+98.45%
3 qtrssince 2020-Q1
Decreased
0

STANTEC INC COM

13.1M$397.8M2.3%$20.56+43.65%
8 qtrssince 2018-Q4
Increased
54

MAGNA INTL INC

8.5M$386.6M2.3%$37.31+1.48%
2 qtrssince 2020-Q2
Increased
86

GILDAN ACTIVEWEAR INC

18.9M$370.7M2.2%$25.50-27.76%
8 qtrssince 2018-Q4
Increased
54

PEMBINA PIPELINE CORP

12.7M$269.5M1.6%$20.46-20.51%
8 qtrssince 2018-Q4
Increased
49

DESCARTES SYS GROUP INC

4.5M$255.1M1.5%$27.75+100.70%
8 qtrssince 2018-Q4
Increased
48

Abbott Laboratories

2.3M$248.9M1.5%$64.01+51.99%
8 qtrssince 2018-Q4
Increased
48

CAE INC

16.6M$242.8M1.4%$17.18-16.06%
8 qtrssince 2018-Q4
Increased
56
$17B
Reported value
206
Positions
Q3 2020
Filing
HI score · 1.0/5
Quarterly 13F Value Change
+3%Q2'19$16.5B+8%Q3'19$17.8B+6%Q4'19$18.9B-27%Q1'20$13.7B+16%Q2'20$16B+7%Q3'20$17B
Activity profile
$ moved · Q3'20
New1%Increased69%Decreased30%Exited0%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 1.6 years
<1Q2%1-4Q6%1-2Y92%2Y+0%

JARISLOWSKY, FRASER Ltd reported holdings worth $17B across 206 positions as of Q3 2020. Top holdings: CNI (7.0%), TD (6.1%), BAM/A (5.1%). Fund DNA: Steady Compounder. HoldingsIntel Score: 1/5.0.

Q3 2020 Summary

Active quarter - 5 new positions, 9 exits, 58 increased. Top move: MGA (INCREASED, conviction 86). Portfolio: $17.0B across 206 positions.

Top holdings by portfolio weight

Total AUM$17B
CNI6.98%
TD6.11%
BAM/A5.07%
ENB4.63%
OTEX4.27%
TRI4.14%
BNS3.97%
MFC3.68%
QSR3.48%
GIB3.45%
Other3.17%

Portfolio allocation by GICS sector

Sectors11
Financial Services20.19%
Industrials17.40%
Technology16.96%
Consumer Cyclical11.46%
Healthcare7.90%
Unknown7.05%
Energy7.00%
Consumer Defensive4.95%
Communication Services3.65%
Basic Materials3.24%
Other0.22%

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.

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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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