MAWER INVESTMENT MANAGEMENT LTD.

PrivateCIK: 1538449

Location

CALGARY, A0

126

Positions

$15.45B

Total AUM (reported)

108.51M

Total Shares

Allocation by class

COM$9.19B59.5%

CL A$1.82B11.8%

CAP STK CL C$936.98M6.1%

COM CL A$766.71M5.0%

SPON ADS$729.14M4.7%

SHS CL A$412.22M2.7%

SHS$367.62M2.4%

Portfolio Concentration

Top 3$2.55B16.5%

4–10$3.65B23.6%

11–25$4.35B28.2%

Rest$4.89B31.7%

Top 3 weight

16.5%

Top 10 weight

40.2%

Voting Authority Distribution

Total shares with voting rights: 108.51M

Sole

Full voting authority

107.18M

% of voting shares98.8%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

1.34M

% of voting shares1.2%

Investment Discretion (by position count)

Sole126

Shared0

Other0

Dominant voting typeSole · 98.8% of voting shares

Institutional Holdings126

Rows:

ALPHABET INC

SOLE

CAP STK CL C

Shares3.27M

TypeSH

Market value$936.98M

6.07%

Sole

3.20M

Shared

0.00

None

64.83K

MICROSOFT CORP

SOLE

COM

Shares2.32M

TypeSH

Market value$857.03M

5.55%

Sole

2.27M

Shared

0.00

None

46.88K

AMAZON COM INC

SOLE

COM

Shares3.65M

TypeSH

Market value$760.19M

4.92%

Sole

3.58M

Shared

0.00

None

70.91K

SHELL PLC

SOLE

SPON ADS

Shares7.12M

TypeSH

Market value$662.19M

4.29%

Sole

6.98M

Shared

0.00

None

138.27K

MARSH & MCLENNAN COS INC

SOLE

COM

Shares3.48M

TypeSH

Market value$602.84M

3.90%

Sole

3.40M

Shared

0.00

None

73.47K

VISA INC

SOLE

COM CL A

Shares1.94M

TypeSH

Market value$585.36M

3.79%

Sole

1.90M

Shared

0.00

None

36.44K

AMPHENOL CORP

SOLE

CL A

Shares3.99M

TypeSH

Market value$503.73M

3.26%

Sole

3.94M

Shared

0.00

None

48.11K

NORTHROP GRUMMAN CORP

SOLE

COM

Shares683.36K

TypeSH

Market value$466.22M

3.02%

Sole

669.86K

Shared

0.00

None

13.51K

WATERS CORP

SOLE

COM

Shares1.40M

TypeSH

Market value$418.00M

2.71%

Sole

1.38M

Shared

0.00

None

19.89K

AON PLC

SOLE

SHS CL A

Shares1.28M

TypeSH

Market value$412.22M

2.67%

Sole

1.25M

Shared

0.00

None

24.84K

WELLS FARGO & CO

SOLE

COM

Shares4.67M

TypeSH

Market value$371.79M

2.41%

Sole

4.56M

Shared

0.00

None

105.25K

AERCAP HOLDINGS NV

SOLE

SHS

Shares2.68M

TypeSH

Market value$367.62M

2.38%

Sole

2.62M

Shared

0.00

None

55.80K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL A

Shares509.00

TypeSH

Market value$365.53M

2.37%

Sole

509.00

Shared

0.00

None

0.00

META PLATFORMS INC

SOLE

CL A

Shares612.80K

TypeSH

Market value$350.60M

2.27%

Sole

596.02K

Shared

0.00

None

16.78K

SOUTHERN CO

SOLE

COM

Shares3.42M

TypeSH

Market value$330.27M

2.14%

Sole

3.37M

Shared

0.00

None

56.20K

JPMORGAN CHASE & CO

SOLE

COM

Shares1.11M

TypeSH

Market value$327.57M

2.12%

Sole

1.09M

Shared

0.00

None

20.92K

INTERCONTINENTAL EXCHANGE IN

SOLE

COM

Shares2.08M

TypeSH

Market value$327.23M

2.12%

Sole

2.05M

Shared

0.00

None

33.52K

CENCORA INC

SOLE

COM

Shares1.03M

TypeSH

Market value$323.93M

2.10%

Sole

1.02M

Shared

0.00

None

10.84K

CME GROUP INC

SOLE

COM

Shares1.03M

TypeSH

Market value$304.59M

1.97%

Sole

1.02M

Shared

0.00

None

12.39K

BOOKING HOLDINGS INC

SOLE

COM

Shares56.70K

TypeSH

Market value$238.73M

1.55%

Sole

55.38K

Shared

0.00

None

1.32K

FTI CONSULTING INC

SOLE

COM

Shares1.31M

TypeSH

Market value$231.75M

1.50%

Sole

1.30M

Shared

0.00

None

13.89K

MASTERCARD INCORPORATED

SOLE

CL A

Shares452.21K

TypeSH

Market value$225.95M

1.46%

Sole

446.78K

Shared

0.00

None

5.43K

MEDPACE HLDGS INC

SOLE

COM

Shares446.10K

TypeSH

Market value$214.21M

1.39%

Sole

437.89K

Shared

0.00

None

8.21K

SPROTT INC

SOLE

COM NEW

Shares1.35M

TypeSH

Market value$193.08M

1.25%

Sole

1.35M

Shared

0.00

None

0.00

OSI SYSTEMS INC

SOLE

COM

Shares662.63K

TypeSH

Market value$175.94M

1.14%

Sole

662.63K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
ALPHABET INCSOLE	CAP STK CL C	3.27M	SH	$936.98M 6.07%	3.20M	64.83K
MICROSOFT CORPSOLE	COM	2.32M	SH	$857.03M 5.55%	2.27M	46.88K
AMAZON COM INCSOLE	COM	3.65M	SH	$760.19M 4.92%	3.58M	70.91K
SHELL PLCSOLE	SPON ADS	7.12M	SH	$662.19M 4.29%	6.98M	138.27K
MARSH & MCLENNAN COS INCSOLE	COM	3.48M	SH	$602.84M 3.90%	3.40M	73.47K
VISA INCSOLE	COM CL A	1.94M	SH	$585.36M 3.79%	1.90M	36.44K
AMPHENOL CORPSOLE	CL A	3.99M	SH	$503.73M 3.26%	3.94M	48.11K
NORTHROP GRUMMAN CORPSOLE	COM	683.36K	SH	$466.22M 3.02%	669.86K	13.51K
WATERS CORPSOLE	COM	1.40M	SH	$418.00M 2.71%	1.38M	19.89K
AON PLCSOLE	SHS CL A	1.28M	SH	$412.22M 2.67%	1.25M	24.84K
WELLS FARGO & COSOLE	COM	4.67M	SH	$371.79M 2.41%	4.56M	105.25K
AERCAP HOLDINGS NVSOLE	SHS	2.68M	SH	$367.62M 2.38%	2.62M	55.80K
BERKSHIRE HATHAWAY INC DELSOLE	CL A	509.00	SH	$365.53M 2.37%	509.00	0.00
META PLATFORMS INCSOLE	CL A	612.80K	SH	$350.60M 2.27%	596.02K	16.78K
SOUTHERN COSOLE	COM	3.42M	SH	$330.27M 2.14%	3.37M	56.20K
JPMORGAN CHASE & COSOLE	COM	1.11M	SH	$327.57M 2.12%	1.09M	20.92K
INTERCONTINENTAL EXCHANGE INSOLE	COM	2.08M	SH	$327.23M 2.12%	2.05M	33.52K
CENCORA INCSOLE	COM	1.03M	SH	$323.93M 2.10%	1.02M	10.84K
CME GROUP INCSOLE	COM	1.03M	SH	$304.59M 1.97%	1.02M	12.39K
BOOKING HOLDINGS INCSOLE	COM	56.70K	SH	$238.73M 1.55%	55.38K	1.32K
FTI CONSULTING INCSOLE	COM	1.31M	SH	$231.75M 1.50%	1.30M	13.89K
MASTERCARD INCORPORATEDSOLE	CL A	452.21K	SH	$225.95M 1.46%	446.78K	5.43K
MEDPACE HLDGS INCSOLE	COM	446.10K	SH	$214.21M 1.39%	437.89K	8.21K
SPROTT INCSOLE	COM NEW	1.35M	SH	$193.08M 1.25%	1.35M	0.00
OSI SYSTEMS INCSOLE	COM	662.63K	SH	$175.94M 1.14%	662.63K	0.00

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