JARISLOWSKY, FRASER LtdJARISLOWSKY, FRASER Ltd

Institutional investor · Portfolio as of Q4 2021No 13F holdings reported for quarters after Q3 2025.

Top Holdings218 positions

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Activity:

Canadian National Railway Co

12M$1.5B6.8%$70.73+59.12%
13 qtrssince 2018-Q4
Decreased
0
23.5M$1.4B6.5%——
13 qtrssince 2018-Q4
Decreased
0

Bank of Nova Scotia/The

17M$1.2B5.5%$36.38+57.68%
13 qtrssince 2018-Q4
Decreased
0

Nutrien Ltd

12.2M$907.8M4.2%$36.85+79.42%
13 qtrssince 2018-Q4
Decreased
0

Thomson Reuters Corp

7.3M$868.7M4.0%$43.43+150.32%
13 qtrssince 2018-Q4
Decreased
0

Open Text Corp

17.1M$804.5M3.7%$29.73+42.51%
13 qtrssince 2018-Q4
Decreased
0

Shopify Inc

568,890$774.9M3.6%$77.96+76.69%
8 qtrssince 2020-Q1
Decreased
0

Manulife Financial Corp

39.6M$747.2M3.5%$10.56+51.64%
13 qtrssince 2018-Q4
Decreased
0

CGI Group Inc

8.3M$723.5M3.4%$69.71+26.20%
12 qtrssince 2019-Q1
Increased
60

Restaurant Brands Internationa

11.6M$697.5M3.2%$42.85+22.79%
13 qtrssince 2018-Q4
Decreased
0

Gildan Activewear Inc

16.5M$692M3.2%$25.50+52.60%
13 qtrssince 2018-Q4
Decreased
0

Microsoft Corp

2M$687.6M3.2%$99.83+228.89%
13 qtrssince 2018-Q4
Decreased
0

Magna International Inc

8.1M$645.6M3.0%$37.37+83.94%
7 qtrssince 2020-Q2
Decreased
0

Stantec Inc

11.4M$633.1M2.9%$20.56+162.64%
13 qtrssince 2018-Q4
Decreased
0

Descartes Systems Group Inc/Th

4.8M$388.8M1.8%$30.18+173.39%
13 qtrssince 2018-Q4
Decreased
0

UnitedHealth Group Inc

749,503$376.4M1.8%$217.32+116.95%
13 qtrssince 2018-Q4
Decreased
0

Franco-Nevada Corp

2.6M$361.2M1.7%$130.28+1.52%
4 qtrssince 2021-Q1
Decreased
0

CAE Inc

14.2M$353.8M1.6%$19.90+24.43%
13 qtrssince 2018-Q4
Decreased
0

Amazon.com Inc

97,466$325M1.5%$131.21+27.06%
13 qtrssince 2018-Q4
Increased
51

Abbott Laboratories

2.3M$316.8M1.5%$64.50+98.76%
13 qtrssince 2018-Q4
Decreased
0
$21.5B
Reported value
218
Positions
Q4 2021
Filing
HI score · 1.0/5
Quarterly 13F Value Change
+7%Q3'20$17B+15%Q4'20$19.6B+3%Q1'21$20.3B+5%Q2'21$21.4B-4%Q3'21$20.5B+5%Q4'21$21.5B
Activity profile
$ moved · Q4'21
New4%Increased16%Decreased79%Exited1%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 2.5 years
<1Q4%1-4Q9%1-2Y5%2Y+83%

JARISLOWSKY, FRASER Ltd reported holdings worth $21.5B across 218 positions as of Q4 2021. Top holdings: CNI (6.8%), BAM/A (6.5%), BNS (5.5%). Fund DNA: Steady Compounder. HoldingsIntel Score: 1/5.0.

Q4 2021 Summary

Active quarter - 14 new positions, 15 exits, 35 increased. Top move: GIB (INCREASED, conviction 60). Portfolio: $21.5B across 218 positions.

Top holdings by portfolio weight

Total AUM$21B
CNI6.80%
BAM/A6.53%
BNS5.53%
NTR4.23%
TRI4.05%
OTEX3.75%
SHOP3.61%
MFC3.48%
GIB3.37%
QSR3.25%
Other3.22%

Portfolio allocation by GICS sector

Sectors11
Technology18.60%
Industrials18.31%
Financial Services17.65%
Consumer Cyclical13.04%
Unknown8.28%
Healthcare8.02%
Basic Materials6.66%
Communication Services4.16%
Consumer Defensive3.99%
Energy0.99%
Other0.29%

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

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

Security
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HLNHLNHALEON PLC ADR
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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