Filed: 5/12/2025ACC: 0001123778-25-000002
📋 What this filing means
JARISLOWSKY, FRASER LTD filed this quarterly 13F‑HR report disclosing 185 equity positions with a total reported market value of $15.96B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
185
Positions
$15.96B
Total AUM (reported)
197.24M
Total Shares
Allocation by class
COMMON STOCK$15.43B96.7%
ADR$444.07M2.8%
NY REG SHRS$40.02M0.3%
ETP$31.23M0.2%
ETF$10.01M0.1%
Portfolio Concentration
Top 3$2.45B15.4%
4–10$3.83B24.0%
11–25$4.73B29.6%
Rest$4.94B31.0%
Top 3 weight
15.4%
Top 10 weight
39.4%
Voting Authority Distribution
Total shares with voting rights: 197.24M
Sole
Full voting authority
197.24M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole185
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings185
Rows:
Canadian National Railway Company
SOLEShares9.22M
TypeSH
Market value$896.77M
5.62%
Sole
9.22M
Shared
0.00
None
0.00
Brookfield Corp
SOLEShares15.85M
TypeSH
Market value$829.13M
5.20%
Sole
15.85M
Shared
0.00
None
0.00
Toronto-Dominion Bank
SOLEShares12.13M
TypeSH
Market value$726.60M
4.55%
Sole
12.13M
Shared
0.00
None
0.00
Bank of Montreal
SOLEShares6.55M
TypeSH
Market value$625.35M
3.92%
Sole
6.55M
Shared
0.00
None
0.00
CAE Inc.
SOLEShares23.19M
TypeSH
Market value$570.01M
3.57%
Sole
23.19M
Shared
0.00
None
0.00
Thomson Reuters Corp
SOLEShares3.27M
TypeSH
Market value$563.62M
3.53%
Sole
3.27M
Shared
0.00
None
0.00
TC Energy Corp.
SOLEShares11.50M
TypeSH
Market value$543.03M
3.40%
Sole
11.50M
Shared
0.00
None
0.00
Microsoft Corporation
SOLEShares1.44M
TypeSH
Market value$542.06M
3.40%
Sole
1.44M
Shared
0.00
None
0.00
Open Text Corporation
SOLEShares20.63M
TypeSH
Market value$520.52M
3.26%
Sole
20.63M
Shared
0.00
None
0.00
Stantec Inc
SOLEShares5.64M
TypeSH
Market value$467.46M
2.93%
Sole
5.64M
Shared
0.00
None
0.00
Franco Nevada Corporation
SOLEShares2.86M
TypeSH
Market value$450.51M
2.82%
Sole
2.86M
Shared
0.00
None
0.00
CGI Inc.
SOLEShares4.26M
TypeSH
Market value$425.61M
2.67%
Sole
4.26M
Shared
0.00
None
0.00
Restaurant Brands International Inc.
SOLEShares6.23M
TypeSH
Market value$414.92M
2.60%
Sole
6.23M
Shared
0.00
None
0.00
Shopify Inc. Class - A
SOLEShares4M
TypeSH
Market value$380.46M
2.38%
Sole
4M
Shared
0.00
None
0.00
Amazon.Com Inc
SOLEShares1.97M
TypeSH
Market value$374.14M
2.34%
Sole
1.97M
Shared
0.00
None
0.00
UnitedHealth Group Incorporated
SOLEShares595.53K
TypeSH
Market value$311.91M
1.95%
Sole
595.53K
Shared
0.00
None
0.00
Mastercard Inc - A
SOLEShares568.33K
TypeSH
Market value$311.51M
1.95%
Sole
568.33K
Shared
0.00
None
0.00
Gildan Activewear Inc.
SOLEShares6.96M
TypeSH
Market value$307.79M
1.93%
Sole
6.96M
Shared
0.00
None
0.00
Abbott Laboratories
SOLEShares2.17M
TypeSH
Market value$287.81M
1.80%
Sole
2.17M
Shared
0.00
None
0.00
Fiserv Inc.
SOLEShares1.23M
TypeSH
Market value$271.23M
1.70%
Sole
1.23M
Shared
0.00
None
0.00
Descartes Systems Group Inc
SOLEShares2.65M
TypeSH
Market value$266.72M
1.67%
Sole
2.65M
Shared
0.00
None
0.00
Colliers International Group Inc
SOLEShares2M
TypeSH
Market value$242.31M
1.52%
Sole
2M
Shared
0.00
None
0.00
JPMorgan Chase & Co.
SOLEShares946.32K
TypeSH
Market value$232.13M
1.45%
Sole
946.32K
Shared
0.00
None
0.00
Boston Scientific Corporation
SOLEShares2.27M
TypeSH
Market value$229.15M
1.44%
Sole
2.27M
Shared
0.00
None
0.00
Royal Bank of Canada
SOLEShares2M
TypeSH
Market value$224.92M
1.41%
Sole
2M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Canadian National Railway CompanySOLE | Common Stock | 9.22M | SH | $896.77M 5.62% | 9.22M | 0.00 | 0.00 |
Brookfield CorpSOLE | Common Stock | 15.85M | SH | $829.13M 5.20% | 15.85M | 0.00 | 0.00 |
Toronto-Dominion BankSOLE | Common Stock | 12.13M | SH | $726.60M 4.55% | 12.13M | 0.00 | 0.00 |
Bank of MontrealSOLE | Common Stock | 6.55M | SH | $625.35M 3.92% | 6.55M | 0.00 | 0.00 |
CAE Inc.SOLE | Common Stock | 23.19M | SH | $570.01M 3.57% | 23.19M | 0.00 | 0.00 |
Thomson Reuters CorpSOLE | Common Stock | 3.27M | SH | $563.62M 3.53% | 3.27M | 0.00 | 0.00 |
TC Energy Corp.SOLE | Common Stock | 11.50M | SH | $543.03M 3.40% | 11.50M | 0.00 | 0.00 |
Microsoft CorporationSOLE | Common Stock | 1.44M | SH | $542.06M 3.40% | 1.44M | 0.00 | 0.00 |
Open Text CorporationSOLE | Common Stock | 20.63M | SH | $520.52M 3.26% | 20.63M | 0.00 | 0.00 |
Stantec IncSOLE | Common Stock | 5.64M | SH | $467.46M 2.93% | 5.64M | 0.00 | 0.00 |
Franco Nevada CorporationSOLE | Common Stock | 2.86M | SH | $450.51M 2.82% | 2.86M | 0.00 | 0.00 |
CGI Inc.SOLE | Common Stock | 4.26M | SH | $425.61M 2.67% | 4.26M | 0.00 | 0.00 |
Restaurant Brands International Inc.SOLE | Common Stock | 6.23M | SH | $414.92M 2.60% | 6.23M | 0.00 | 0.00 |
Shopify Inc. Class - ASOLE | Common Stock | 4M | SH | $380.46M 2.38% | 4M | 0.00 | 0.00 |
Amazon.Com IncSOLE | Common Stock | 1.97M | SH | $374.14M 2.34% | 1.97M | 0.00 | 0.00 |
UnitedHealth Group IncorporatedSOLE | Common Stock | 595.53K | SH | $311.91M 1.95% | 595.53K | 0.00 | 0.00 |
Mastercard Inc - ASOLE | Common Stock | 568.33K | SH | $311.51M 1.95% | 568.33K | 0.00 | 0.00 |
Gildan Activewear Inc.SOLE | Common Stock | 6.96M | SH | $307.79M 1.93% | 6.96M | 0.00 | 0.00 |
Abbott LaboratoriesSOLE | Common Stock | 2.17M | SH | $287.81M 1.80% | 2.17M | 0.00 | 0.00 |
Fiserv Inc.SOLE | Common Stock | 1.23M | SH | $271.23M 1.70% | 1.23M | 0.00 | 0.00 |
Descartes Systems Group IncSOLE | Common Stock | 2.65M | SH | $266.72M 1.67% | 2.65M | 0.00 | 0.00 |
Colliers International Group IncSOLE | Common Stock | 2M | SH | $242.31M 1.52% | 2M | 0.00 | 0.00 |
JPMorgan Chase & Co.SOLE | Common Stock | 946.32K | SH | $232.13M 1.45% | 946.32K | 0.00 | 0.00 |
Boston Scientific CorporationSOLE | Common Stock | 2.27M | SH | $229.15M 1.44% | 2.27M | 0.00 | 0.00 |
Royal Bank of CanadaSOLE | Common Stock | 2M | SH | $224.92M 1.41% | 2M | 0.00 | 0.00 |
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