JARISLOWSKY, FRASER LtdJARISLOWSKY, FRASER Ltd

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

Top Holdings219 positions

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Activity:

CANADIAN NATL RY CO

12.3M$1.4B7.0%$70.73+50.69%
12 qtrssince 2018-Q4
Increased
63
24.1M$1.3B6.3%——
12 qtrssince 2018-Q4
Decreased
0

BANK NOVA SCOTIA HALIFAX

17.5M$1.1B5.3%$36.38+34.23%
12 qtrssince 2018-Q4
Increased
68

THOMSON REUTERS CORP.

8M$879.7M4.3%———
Decreased
0

OPEN TEXT CORP

17.7M$862.6M4.2%$29.73+45.57%
12 qtrssince 2018-Q4
Decreased
0

NUTRIEN LTD

12.6M$816.7M4.0%$36.85+55.08%
12 qtrssince 2018-Q4
Decreased
0

SHOPIFY INC

586,484$795.9M3.9%$77.96+73.92%
7 qtrssince 2020-Q1
Decreased
0

MANULIFE FINL CORP

40.9M$787.4M3.8%$10.56+52.02%
12 qtrssince 2018-Q4
Decreased
0

RESTAURANT BRANDS INTL INC

11.7M$714.2M3.5%$42.85+24.02%
12 qtrssince 2018-Q4
Increased
70

CGI INC

8M$676M3.3%$68.99+23.85%
11 qtrssince 2019-Q1
Decreased
0

MAGNA INTL INC

8.3M$624.2M3.0%$37.37+70.15%
6 qtrssince 2020-Q2
Decreased
0

GILDAN ACTIVEWEAR INC

17M$622.5M3.0%$25.50+34.56%
12 qtrssince 2018-Q4
Decreased
0

MICROSOFT CORP

2.1M$594M2.9%$99.83+174.76%
12 qtrssince 2018-Q4
Decreased
0

STANTEC INC

11.8M$553.5M2.7%$20.56+121.80%
12 qtrssince 2018-Q4
Decreased
0

CAE INC

14.8M$440.6M2.1%$19.90+48.10%
12 qtrssince 2018-Q4
Decreased
0

DESCARTES SYS GROUP INC

4.8M$389.8M1.9%$30.18+164.21%
12 qtrssince 2018-Q4
Increased
49

FRANCO NEV CORP

2.7M$347.7M1.7%$130.28-4.95%
3 qtrssince 2021-Q1
Decreased
0

AMAZON COM INC

93,674$307.7M1.5%$129.78+26.56%
12 qtrssince 2018-Q4
Increased
50

UNITEDHEALTH GROUP INC

758,451$296.4M1.4%$217.32+71.66%
12 qtrssince 2018-Q4
Decreased
0

ALPHABET INC

104,654$279.8M1.4%$55.84+137.16%
12 qtrssince 2018-Q4
Decreased
0
$20.5B
Reported value
219
Positions
Q3 2021
Filing
HI score · 1.0/5
Quarterly 13F Value Change
+16%Q2'20$16B+7%Q3'20$17B+15%Q4'20$19.6B+3%Q1'21$20.3B+5%Q2'21$21.4B-4%Q3'21$20.5B
Activity profile
$ moved · Q3'21
New0%Increased24%Decreased76%Exited0%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 2.4 years
<1Q0%1-4Q11%1-2Y6%2Y+83%

JARISLOWSKY, FRASER Ltd reported holdings worth $20.5B across 219 positions as of Q3 2021. Top holdings: CNI (7.0%), BAM/A (6.3%), BNS (5.3%). Fund DNA: Steady Compounder. HoldingsIntel Score: 1/5.0.

Q3 2021 Summary

Active quarter - 2 new positions, 11 exits, 51 increased. Top move: QSR (INCREASED, conviction 70). Portfolio: $20.5B across 219 positions.

Top holdings by portfolio weight

Total AUM$21B
CNI6.95%
BAM/A6.30%
BNS5.25%
TRI4.28%
OTEX4.20%
NTR3.98%
SHOP3.87%
MFC3.83%
QSR3.48%
GIB3.29%
Other3.04%

Portfolio allocation by GICS sector

Sectors11
Technology19.03%
Industrials18.79%
Financial Services17.75%
Consumer Cyclical12.90%
Unknown8.20%
Healthcare7.54%
Basic Materials6.29%
Communication Services4.35%
Consumer Defensive3.76%
Energy1.20%
Other0.20%

Behavioral investing profile

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Steady Compounder- primarily Technology, Industrials, Financial Services
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

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Security
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HLNHLNHALEON PLC SPON ADS
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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