JARISLOWSKY, FRASER LtdJARISLOWSKY, FRASER Ltd

Institutional investor · Portfolio as of Q4 2020No 13F holdings reported for quarters after Q3 2025.

Top Holdings219 positions

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Activity:

TORONTO DOMINION BK ONT

21.9M$1.2B6.3%$37.17+22.94%
9 qtrssince 2018-Q4
Decreased
0

CANADIAN NATL RY CO

10.9M$1.2B6.1%$66.41+49.85%
9 qtrssince 2018-Q4
Decreased
0
25.5M$1.1B5.4%——
9 qtrssince 2018-Q4
Decreased
0

BANK NOVA SCOTIA B C

17.4M$939.8M4.8%$35.14+17.00%
9 qtrssince 2018-Q4
Increased
62

ENBRIDGE INC

27.4M$874.1M4.4%$20.25+15.17%
9 qtrssince 2018-Q4
Increased
59

MANULIFE FINL CORP

44M$782.3M4.0%$10.56+33.66%
9 qtrssince 2018-Q4
Decreased
0

OPEN TEXT CORP

16.8M$764.2M3.9%$28.17+40.70%
9 qtrssince 2018-Q4
Decreased
0

THOMSON REUTERS CORP.

8.5M$695.6M3.5%———
Decreased
0

CGI INC

8.5M$673.1M3.4%$68.99+14.37%
8 qtrssince 2019-Q1
Decreased
0

NUTRIEN LTD

13.4M$644.9M3.3%$36.85+10.13%
9 qtrssince 2018-Q4
Decreased
0

CAE INC

22.3M$617.9M3.1%$19.90+40.11%
9 qtrssince 2018-Q4
Increased
75

RESTAURANT BRANDS INTL INC

10.1M$614.3M3.1%$40.66+27.89%
9 qtrssince 2018-Q4
Decreased
0

MAGNA INTL INC

8.5M$601.4M3.1%$37.37+57.78%
3 qtrssince 2020-Q2
Increased
58

GILDAN ACTIVEWEAR INC

18.2M$509.7M2.6%$25.50+0.05%
9 qtrssince 2018-Q4
Decreased
0

Shopify Inc

444,764$501.8M2.6%$51.55+119.59%
4 qtrssince 2020-Q1
Decreased
0

Microsoft Corp.

2.2M$485.1M2.5%$97.97+117.11%
9 qtrssince 2018-Q4
Decreased
0

STANTEC INC COM

12.7M$413M2.1%$20.56+50.70%
9 qtrssince 2018-Q4
Decreased
0

UnitedHealth Group Inc.

761,274$267M1.4%$215.40+47.62%
9 qtrssince 2018-Q4
Decreased
0

DESCARTES SYS GROUP INC

4.5M$260.1M1.3%$27.75+109.49%
9 qtrssince 2018-Q4
Decreased
0

Abbott Laboratories

2.3M$251.4M1.3%$64.14+53.11%
9 qtrssince 2018-Q4
Increased
48
$19.6B
Reported value
219
Positions
Q4 2020
Filing
HI score · 1.0/5
Quarterly 13F Value Change
+8%Q3'19$17.8B+6%Q4'19$18.9B-27%Q1'20$13.7B+16%Q2'20$16B+7%Q3'20$17B+15%Q4'20$19.6B
Activity profile
$ moved · Q4'20
New2%Increased49%Decreased48%Exited2%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 1.7 years
<1Q6%1-4Q5%1-2Y15%2Y+74%

JARISLOWSKY, FRASER Ltd reported holdings worth $19.6B across 219 positions as of Q4 2020. Top holdings: TD (6.3%), CNI (6.1%), BAM/A (5.4%). Fund DNA: Steady Compounder. HoldingsIntel Score: 1/5.0.

Q4 2020 Summary

Active quarter - 16 new positions, 3 exits, 70 increased. Top move: CAE (INCREASED, conviction 75). Portfolio: $19.6B across 219 positions.

Top holdings by portfolio weight

Total AUM$20B
TD6.30%
CNI6.10%
BAM/A5.36%
BNS4.78%
ENB4.45%
MFC3.98%
OTEX3.89%
TRI3.54%
GIB3.43%
NTR3.28%
Other3.15%

Portfolio allocation by GICS sector

Sectors11
Financial Services21.93%
Industrials17.41%
Technology15.89%
Consumer Cyclical12.33%
Unknown7.48%
Healthcare7.46%
Energy6.33%
Consumer Defensive4.03%
Communication Services3.60%
Basic Materials3.34%
Other0.20%

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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