JARISLOWSKY, FRASER Ltd
Last filed Oct 21, 2025
Inactive · not filing 13F
$18.2B
183
-$408M
41.1%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q3 2025 | |||||
 BN | $1.02B | 5.58% | Not reported | -4.5% | Q4 2022 |
 TD | $938M | 5.16% | 0.67% | -2.2% | Q2 2013 |
 CNI | $837M | 4.60% | 1.41% | -4.0% | Q2 2013 |
 OTEX | $791M | 4.35% | 8.39% | +0.6% | Q2 2013 |
 BMO | $760M | 4.18% | 0.80% | -8.9% | Q2 2013 |
 SHOP | $722M | 3.97% | 1.24% | -4.4% | Q1 2020 |
 MSFT | $662M | 3.64% | 0.02% | -8.6% | Q2 2013 |
 CAE | $620M | 3.41% | 6.54% | -3.7% | Q2 2013 |
 TRP | $585M | 3.21% | Not reported | -4.4% | Q2 2019 |
 FNV | $548M | 3.01% | 1.28% | -12.0% | Q1 2018 |
 TRI | $448M | 2.46% | 0.62% | -4.1% | Q2 2013 |
 STN | $440M | 2.42% | 3.58% | -17.8% | Q2 2013 |
 AMZN | $435M | 2.39% | 0.02% | -1.5% | Q2 2017 |
 GIL | $396M | 2.17% | 4.49% | -7.6% | Q1 2015 |
 GIB | $359M | 1.98% | Not reported | -4.4% | Q1 2015 |
 PBA | $356M | 1.96% | 1.52% | +1894.9% | Q3 2013 |
 ORCL | $343M | 1.89% | 0.04% | -14.5% | Q2 2013 |
 CIGI | $331M | 1.82% | 5.26% | -16.5% | Q4 2017 |
 MA | $312M | 1.71% | 0.04% | -2.7% | Q1 2015 |
 ABT | $289M | 1.59% | 0.12% | -1.7% | Q2 2013 |
 TFII | $282M | 1.55% | 3.79% | -3.1% | Q1 2025 |
 JPM | $277M | 1.52% | 0.03% | -5.2% | Q2 2013 |
 GOOG | $263M | 1.44% | Not reported | -5.7% | Q4 2015 |
| GOOGL | $262M | 1.44% | 0.01% | -11.2% | Q4 2015 |
 IBKR | $256M | 1.41% | 1.46% | -11.7% | Q3 2019 |
 RY | $243M | 1.33% | 0.12% | -17.0% | Q2 2013 |
 DSGX | $234M | 1.29% | 2.89% | -4.7% | Q2 2013 |
 UNH | $230M | 1.26% | 0.07% | -0.7% | Q2 2013 |
 BSX | $214M | 1.18% | 0.15% | -3.4% | Q2 2019 |
 QSR | $209M | 1.15% | 1.00% | -4.3% | Q3 2018 |
 TSM | $207M | 1.14% | 0.00% | -0.2% | Q2 2017 |
 RBA | $196M | 1.08% | 0.97% | New | Q3 2025 |
 FISV | $194M | 1.07% | 0.28% | +9.1% | Q2 2013 |
 PEP | $183M | 1.00% | 0.10% | +0.1% | Q2 2013 |
 BDX | $175M | 0.96% | 0.33% | -0.7% | Q2 2013 |
 META | $173M | 0.95% | Not reported | +36.2% | Q4 2016 |
 IQV | $149M | 0.82% | 0.46% | -0.9% | Q4 2017 |
 CPRT | $140M | 0.77% | 0.32% | -2.6% | Q1 2019 |
 AVGO | $139M | 0.76% | 0.01% | -0.8% | Q4 2023 |
 ACN | $132M | 0.73% | 0.08% | -3.1% | Q2 2017 |
 TJX | $128M | 0.71% | 0.08% | -0.6% | Q1 2015 |
 SHW | $120M | 0.66% | 0.14% | -2.8% | Q1 2021 |
 AME | $116M | 0.64% | 0.27% | -1.6% | Q2 2019 |
 HDB | $113M | 0.62% | 0.02% | -8.6% | Q1 2018 |
 BRK.B | $111M | 0.61% | Not reported | -2.7% | Q1 2016 |
 DHR | $110M | 0.60% | 0.08% | -2.1% | Q1 2019 |
 CDNS | $107M | 0.59% | 0.11% | -0.9% | Q3 2024 |
 MFC | $102M | 0.56% | Not reported | -3.2% | Q2 2013 |
 GWRE | $101M | 0.56% | 0.52% | -1.2% | Q1 2021 |
 MDLZ | $97M | 0.53% | 0.12% | +8.9% | Q2 2013 |
| Q2 2025 | |||||
| CNI | $961M | 5.49% | 1.47% | +0.3% | Q2 2013 |
| BN | $958M | 5.47% | Not reported | -2.1% | Q4 2022 |
| TD | $881M | 5.03% | 0.69% | -1.1% | Q2 2013 |
| BMO | $708M | 4.04% | 0.88% | -2.3% | Q2 2013 |
| MSFT | $695M | 3.97% | 0.02% | -3.2% | Q2 2013 |
| CAE | $636M | 3.63% | 6.79% | -6.2% | Q2 2013 |
| OTEX | $613M | 3.50% | 8.26% | +2.0% | Q2 2013 |
| TRI | $604M | 3.45% | 0.64% | -7.8% | Q2 2013 |
| SHOP | $585M | 3.34% | 1.29% | +27.1% | Q1 2020 |
| TRP | $548M | 3.13% | Not reported | -2.2% | Q2 2019 |
| STN | $539M | 3.08% | 4.35% | -12.0% | Q2 2013 |
| FNV | $458M | 2.62% | 1.45% | -2.4% | Q1 2018 |
| GIB | $442M | 2.53% | Not reported | -1.1% | Q1 2015 |
| AMZN | $441M | 2.52% | 0.02% | +2.3% | Q2 2017 |
| GIL | $364M | 2.08% | 4.86% | +6.5% | Q1 2015 |
| CIGI | $331M | 1.89% | 6.30% | +26.5% | Q4 2017 |
| MA | $316M | 1.81% | 0.05% | -1.0% | Q1 2015 |
| ORCL | $312M | 1.78% | 0.05% | +5.0% | Q2 2013 |
| ABT | $299M | 1.71% | 0.13% | +1.2% | Q2 2013 |
| TFII | $296M | 1.69% | 3.91% | +52.1% | Q1 2025 |
| JPM | $268M | 1.53% | 0.03% | -2.1% | Q2 2013 |
| DSGX | $264M | 1.51% | 3.04% | -1.7% | Q2 2013 |
| RY | $261M | 1.49% | 0.14% | -0.7% | Q2 2013 |
| BSX | $244M | 1.39% | 0.15% | -0.1% | Q2 2019 |
| FISV | $238M | 1.36% | 0.25% | +12.6% | Q2 2013 |
| IBKR | $234M | 1.33% | 1.65% | -1.4% | Q3 2019 |
| QSR | $226M | 1.29% | 1.04% | -45.2% | Q3 2018 |
| GOOGL | $214M | 1.22% | 0.01% | +0.7% | Q4 2015 |
| UNH | $209M | 1.19% | 0.07% | +12.4% | Q2 2013 |
| GOOG | $203M | 1.16% | Not reported | -1.3% | Q4 2015 |
| PEP | $172M | 0.98% | 0.09% | +0.1% | Q2 2013 |
| TSM | $168M | 0.96% | 0.00% | +47.4% | Q2 2017 |
| ACN | $165M | 0.94% | 0.09% | +2.9% | Q2 2017 |
| BDX | $162M | 0.93% | 0.33% | +14.1% | Q2 2013 |
| CPRT | $157M | 0.90% | 0.33% | -15.5% | Q1 2019 |
| HDB | $139M | 0.80% | 0.02% | +2.6% | Q1 2018 |
| META | $128M | 0.73% | Not reported | -1.7% | Q4 2016 |
| IQV | $125M | 0.71% | 0.47% | +11.9% | Q4 2017 |
| SHW | $122M | 0.70% | 0.14% | +0.1% | Q1 2021 |
| AVGO | $117M | 0.67% | 0.01% | -3.4% | Q4 2023 |
| AME | $113M | 0.65% | 0.27% | +0.2% | Q2 2019 |
| DHR | $112M | 0.64% | 0.08% | +0.7% | Q1 2019 |
| BRK.B | $111M | 0.63% | Not reported | -1.5% | Q1 2016 |
| TJX | $110M | 0.63% | 0.08% | +0.3% | Q1 2015 |
| MFC | $108M | 0.62% | Not reported | -1.9% | Q2 2013 |
 ADSK | $106M | 0.60% | 0.16% | -17.2% | Q4 2023 |
| GWRE | $105M | 0.60% | 0.53% | -1.4% | Q1 2021 |
| MDLZ | $96.1M | 0.55% | 0.11% | +0.9% | Q2 2013 |
| CDNS | $94.3M | 0.54% | 0.11% | +3.4% | Q3 2024 |
 OZK | $84.8M | 0.48% | Not reported | +0.2% | Q2 2019 |
| Q1 2025 | |||||
| CNI | $897M | 5.62% | 1.47% | +0.6% | Q2 2013 |
| BN | $829M | 5.20% | Not reported | -13.4% | Q4 2022 |
| TD | $727M | 4.55% | 0.69% | +723.8% | Q2 2013 |
| BMO | $625M | 3.92% | 0.90% | -2.4% | Q2 2013 |
| CAE | $570M | 3.57% | 7.24% | -3.4% | Q2 2013 |
| TRI | $564M | 3.53% | 0.70% | -2.6% | Q2 2013 |
| TRP | $543M | 3.40% | Not reported | -2.5% | Q2 2019 |
| MSFT | $542M | 3.40% | 0.02% | +5.3% | Q2 2013 |
| OTEX | $521M | 3.26% | 7.94% | +11.2% | Q2 2013 |
| STN | $467M | 2.93% | 4.94% | +12.9% | Q2 2013 |
| FNV | $451M | 2.82% | 1.49% | -11.0% | Q1 2018 |
| GIB | $426M | 2.67% | Not reported | -1.8% | Q1 2015 |
| QSR | $415M | 2.60% | 1.90% | -1.7% | Q3 2018 |
| SHOP | $380M | 2.38% | 1.02% | -2.8% | Q1 2020 |
| AMZN | $374M | 2.34% | 0.02% | -2.1% | Q2 2017 |
| UNH | $312M | 1.95% | 0.07% | -2.0% | Q2 2013 |
| MA | $312M | 1.95% | 0.05% | -7.0% | Q1 2015 |
| GIL | $308M | 1.93% | 4.57% | -20.6% | Q1 2015 |
| ABT | $288M | 1.80% | 0.12% | -4.1% | Q2 2013 |
| FISV | $271M | 1.70% | 0.22% | -9.6% | Q2 2013 |
| DSGX | $267M | 1.67% | 3.10% | -2.1% | Q2 2013 |
| CIGI | $242M | 1.52% | 4.98% | -2.1% | Q4 2017 |
| JPM | $232M | 1.45% | 0.03% | -2.7% | Q2 2013 |
| BSX | $229M | 1.44% | 0.15% | -9.8% | Q2 2019 |
| RY | $225M | 1.41% | 0.14% | -1.1% | Q2 2013 |
| CPRT | $214M | 1.34% | 0.39% | -2.2% | Q1 2019 |
| PEP | $195M | 1.22% | 0.09% | -4.0% | Q2 2013 |
| ORCL | $190M | 1.19% | 0.05% | -2.3% | Q2 2013 |
| BDX | $189M | 1.19% | 0.29% | -4.3% | Q2 2013 |
| GOOGL | $187M | 1.17% | 0.01% | -10.5% | Q4 2015 |
| GOOG | $181M | 1.14% | Not reported | -6.8% | Q4 2015 |
| IBKR | $177M | 1.11% | 1.67% | -13.8% | Q3 2019 |
| TFII | $168M | 1.05% | 2.57% | New | Q1 2025 |
| ACN | $168M | 1.05% | 0.08% | -1.0% | Q2 2017 |
| IQV | $125M | 0.78% | 0.41% | -1.6% | Q4 2017 |
| SHW | $124M | 0.78% | 0.14% | -2.6% | Q1 2021 |
| BRK.B | $123M | 0.77% | Not reported | -0.8% | Q1 2016 |
| HDB | $118M | 0.74% | 0.02% | +4.2% | Q1 2018 |
| DHR | $115M | 0.72% | 0.08% | -1.5% | Q1 2019 |
| TJX | $109M | 0.68% | 0.08% | -4.3% | Q1 2015 |
| ADSK | $108M | 0.68% | 0.19% | -0.3% | Q4 2023 |
| MFC | $107M | 0.67% | Not reported | -78.7% | Q2 2013 |
| AME | $107M | 0.67% | 0.27% | -1.0% | Q2 2019 |
| META | $101M | 0.64% | Not reported | -3.4% | Q4 2016 |
| MDLZ | $95.8M | 0.60% | 0.11% | +9.4% | Q2 2013 |
 BNS | $93.6M | 0.59% | 0.16% | -83.2% | Q2 2013 |
 CB | $87.7M | 0.55% | 0.07% | -36.4% | Q4 2018 |
| GWRE | $84.6M | 0.53% | 0.54% | -15.5% | Q1 2021 |
| TSM | $83.4M | 0.52% | 0.00% | +105.9% | Q2 2017 |
 JNJ | $79.4M | 0.50% | 0.02% | -2.1% | Q2 2013 |
| Q4 2024 | |||||
| BN | $1.05B | 6.15% | Not reported | -4.5% | Q4 2022 |
| CNI | $927M | 5.42% | 1.46% | +4.8% | Q2 2013 |
| BMO | $651M | 3.81% | 0.92% | +6.8% | Q2 2013 |
| BNS | $628M | 3.67% | 0.94% | -5.2% | Q2 2013 |
| CAE | $607M | 3.55% | 7.54% | +7.6% | Q2 2013 |
| MSFT | $573M | 3.35% | 0.02% | -5.3% | Q2 2013 |
| TRP | $550M | 3.21% | Not reported | -3.7% | Q2 2019 |
| TRI | $537M | 3.14% | 0.72% | -4.9% | Q2 2013 |
| OTEX | $523M | 3.06% | 7.03% | +11.8% | Q2 2013 |
| MFC | $495M | 2.89% | Not reported | -3.4% | Q2 2013 |
| GIB | $473M | 2.77% | Not reported | -4.0% | Q1 2015 |
| SHOP | $436M | 2.55% | 1.05% | -30.8% | Q1 2020 |
| AMZN | $436M | 2.55% | 0.02% | -6.0% | Q2 2017 |
| GIL | $411M | 2.41% | 5.76% | -15.1% | Q1 2015 |
| QSR | $411M | 2.40% | 1.95% | -3.6% | Q3 2018 |
| STN | $391M | 2.28% | 4.38% | -4.1% | Q2 2013 |
| FNV | $377M | 2.20% | 1.67% | -4.5% | Q1 2018 |
| MA | $319M | 1.86% | 0.05% | -4.4% | Q1 2015 |
 MGA | $312M | 1.83% | 2.65% | -6.5% | Q3 2017 |
| DSGX | $306M | 1.79% | 3.17% | -4.7% | Q2 2013 |
| UNH | $305M | 1.78% | 0.07% | -5.1% | Q2 2013 |
| FISV | $279M | 1.63% | 0.24% | -13.3% | Q2 2013 |
| CIGI | $277M | 1.62% | 5.09% | -4.9% | Q4 2017 |
| ABT | $254M | 1.49% | 0.13% | -4.8% | Q2 2013 |
| GOOGL | $252M | 1.47% | 0.01% | -13.9% | Q4 2015 |
| RY | $243M | 1.42% | 0.14% | -2.5% | Q2 2013 |
| GOOG | $237M | 1.39% | Not reported | -1.3% | Q4 2015 |
| JPM | $233M | 1.36% | 0.03% | -0.8% | Q2 2013 |
| ORCL | $230M | 1.34% | 0.05% | -8.9% | Q2 2013 |
| BSX | $223M | 1.30% | 0.17% | -9.0% | Q2 2019 |
| CPRT | $220M | 1.29% | 0.40% | -7.3% | Q1 2019 |
| IBKR | $217M | 1.27% | 1.94% | -14.8% | Q3 2019 |
| PEP | $204M | 1.20% | 0.10% | -3.2% | Q2 2013 |
| BDX | $194M | 1.13% | 0.30% | -0.3% | Q2 2013 |
| ACN | $191M | 1.12% | 0.09% | -1.8% | Q2 2017 |
| IQV | $140M | 0.82% | 0.41% | -4.1% | Q4 2017 |
| DHR | $130M | 0.76% | 0.08% | -2.9% | Q1 2019 |
| CB | $126M | 0.74% | 0.11% | -1.2% | Q4 2018 |
| SHW | $123M | 0.72% | 0.15% | -3.1% | Q1 2021 |
| ADSK | $122M | 0.72% | 0.19% | +0.6% | Q4 2023 |
| AME | $113M | 0.66% | 0.27% | -3.0% | Q2 2019 |
| TJX | $111M | 0.65% | 0.08% | -6.0% | Q1 2015 |
| HDB | $108M | 0.63% | 0.02% | +2.4% | Q1 2018 |
| META | $107M | 0.62% | Not reported | -14.5% | Q4 2016 |
| BRK.B | $106M | 0.62% | Not reported | +0.6% | Q1 2016 |
| GWRE | $88.4M | 0.52% | 0.64% | -16.4% | Q1 2021 |
| CDNS | $85.5M | 0.50% | 0.10% | +17.0% | Q3 2024 |
| OZK | $81.3M | 0.48% | Not reported | -6.9% | Q2 2019 |
 DEO | $79.3M | 0.46% | 0.03% | +0.6% | Q2 2013 |
| TD | $78.3M | 0.46% | 0.08% | -3.2% | Q2 2013 |