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Jarislowsky, Fraser Ltd Top Holdings and 13F Report (2025)

About Jarislowsky, Fraser Ltd

Investment Activity

  • Jarislowsky, Fraser Ltd has $18.20 billion in total holdings as of September 30, 2025.
  • Jarislowsky, Fraser Ltd owns shares of 192 different stocks, but just 35 companies or ETFs make up 80% of its holdings.
  • Approximately 4.53% of the portfolio was purchased this quarter.
  • About 6.80% of the portfolio was sold this quarter.
  • This quarter, Jarislowsky, Fraser Ltd has purchased 188 new stocks and bought additional shares in 45 stocks.
  • Jarislowsky, Fraser Ltd sold shares of 114 stocks and completely divested from 1 stock this quarter.

Largest Holdings

Brookfield
$1,016,131,581
Open Text
$790,736,244
Bank Of Montreal
$760,360,119

Largest New Holdings this Quarter

74935Q107 - RB Global
$195,640,130 Holding
461202103 - Intuit
$90,487,623 Holding
46090E103 - Invesco QQQ
$621,382 Holding
606822104 - Mitsubishi UFJ Financial Group
$557,071 Holding
056752108 - Baidu
$232,442 Holding

Largest Purchases this Quarter

Pembina Pipeline
8,372,612 shares (about $338.60M)
RB Global
1,805,849 shares (about $195.64M)
Intuit
132,503 shares (about $90.49M)
HDFC Bank
1,501,721 shares (about $51.30M)
Meta Platforms
62,640 shares (about $46.00M)

Largest Sales this Quarter

Stantec
881,942 shares (about $95.13M)
Autodesk
282,806 shares (about $89.84M)
Franco-Nevada
334,297 shares (about $74.43M)
Bank Of Montreal
566,349 shares (about $73.82M)
CyberArk Software
152,704 shares (about $73.78M)

Sector Allocation Over Time

Map of 500 Largest Holdings ofJarislowsky, Fraser Ltd

 
 
Selling
 
 
Neutral
 
 
Buying
Issuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSector
Brookfield Corporation stock logo
BN
Brookfield
$1,016,131,581$48,059,428 -4.5%14,806,2455.6%Finance
Toronto Dominion Bank (The) stock logo
TD
Toronto Dominion Bank
$938,032,962$21,413,520 -2.2%11,728,7855.2%Finance
Canadian National Railway Company stock logo
CNI
Canadian National Railway
$836,755,589$34,942,031 -4.0%8,871,2494.6%Transportation
Open Text Corporation stock logo
OTEX
Open Text
$790,736,244$4,390,554 0.6%21,150,1544.3%Computer and Technology
Bank Of Montreal stock logo
BMO
Bank Of Montreal
$760,360,119$73,815,862 -8.8%5,833,8304.2%Finance
Shopify Inc. Class - A
$722,394,554$32,928,848 -4.4%4,861,3834.0%Common Stock
Microsoft Corporation stock logo
MSFT
Microsoft
$661,815,792$62,047,302 -8.6%1,277,7603.6%Computer and Technology
CAE Inc stock logo
CAE
CAE
$620,290,230$23,856,248 -3.7%20,943,2623.4%Aerospace
TC Energy Corporation stock logo
TRP
TC Energy
$584,705,108$26,808,798 -4.4%10,751,4013.2%Energy
Franco-Nevada Corporation stock logo
FNV
Franco-Nevada
$548,278,944$74,425,240 -12.0%2,462,7133.0%Basic Materials
Thomson Reuters Co. stock logo
TRI
Thomson Reuters
$448,337,187$19,267,760 -4.1%2,886,7012.5%Business Services
Stantec Inc. stock logo
STN
Stantec
$440,337,631$95,134,849 -17.8%4,082,1242.4%Business Services
Amazon.com, Inc. stock logo
AMZN
Amazon.com
$435,100,351$6,560,532 -1.5%1,981,6022.4%Retail/Wholesale
Gildan Activewear, Inc. stock logo
GIL
Gildan Activewear
$395,710,794$32,592,814 -7.6%6,848,1562.2%Consumer Discretionary
CGI Group, Inc. stock logo
GIB
CGI Group
$359,373,310$16,430,999 -4.4%4,033,8132.0%Computer and Technology
Pembina Pipeline Corp. stock logo
PBA
Pembina Pipeline
$356,467,861$338,599,164 1,894.9%8,814,4552.0%Energy
Oracle Corporation stock logo
ORCL
Oracle
$343,334,135$58,001,812 -14.5%1,220,7871.9%Computer and Technology
Colliers International Group Inc. stock logo
CIGI
Colliers International Group
$330,977,857$65,239,645 -16.5%2,115,7891.8%Finance
Mastercard Incorporated stock logo
MA
Mastercard
$311,521,310$8,575,948 -2.7%547,6721.7%Business Services
Abbott Laboratories stock logo
ABT
Abbott Laboratories
$289,054,440$5,054,896 -1.7%2,158,0891.6%Medical
TFI International Inc. stock logo
TFII
TFI International
$281,846,954$8,995,335 -3.1%3,201,8441.5%Transportation
JPMorgan Chase & Co. stock logo
JPM
JPMorgan Chase & Co.
$277,049,739$15,063,675 -5.2%878,3241.5%Finance
Alphabet Inc. stock logo
GOOG
Alphabet
$262,750,751$15,918,672 -5.7%1,078,8371.4%Computer and Technology
Alphabet Inc. stock logo
GOOGL
Alphabet
$262,479,202$33,004,471 -11.2%1,079,7171.4%Computer and Technology
Interactive Brokers Group, Inc. stock logo
IBKR
Interactive Brokers Group
$256,290,276$33,860,919 -11.7%3,724,6081.4%Finance
Royal Bank Of Canada stock logo
RY
Royal Bank Of Canada
$242,620,316$49,757,671 -17.0%1,645,7801.3%Finance
The Descartes Systems Group Inc. stock logo
DSGX
The Descartes Systems Group
$233,859,687$11,460,961 -4.7%2,483,1531.3%Computer and Technology
UnitedHealth Group Incorporated stock logo
UNH
UnitedHealth Group
$229,505,371$1,670,907 -0.7%664,6551.3%Medical
Boston Scientific Corporation stock logo
BSX
Boston Scientific
$214,082,478$7,437,356 -3.4%2,192,7941.2%Medical
Restaurant Brands International Inc. stock logo
QSR
Restaurant Brands International
$209,386,324$9,504,077 -4.3%3,263,2191.2%Retail/Wholesale
Taiwan Semiconductor Manufacturing Company Ltd. stock logo
TSM
Taiwan Semiconductor Manufacturing
$206,565,956$306,660 -0.1%739,6111.1%Computer and Technology
RB Global, Inc. stock logo
RBA
RB Global
$195,640,130$195,640,130 New Holding1,805,8491.1%Business Services
Fiserv, Inc. stock logo
FI
Fiserv
$194,481,235$16,182,391 9.1%1,508,4251.1%Business Services
PepsiCo, Inc. stock logo
PEP
PepsiCo
$182,854,705$264,729 0.1%1,302,0131.0%Consumer Staples
Becton, Dickinson and Company stock logo
BDX
Becton, Dickinson and Company
$175,028,282$1,248,985 -0.7%935,1301.0%Medical
Meta Platforms, Inc. stock logo
META
Meta Platforms
$173,009,646$46,001,563 36.2%235,5861.0%Computer and Technology
IQVIA Holdings Inc. stock logo
IQV
IQVIA
$149,227,880$1,398,908 -0.9%785,6580.8%Medical
Copart, Inc. stock logo
CPRT
Copart
$139,963,503$3,702,785 -2.6%3,112,3750.8%Business Services
Broadcom Inc. stock logo
AVGO
Broadcom
$138,852,850$1,165,572 -0.8%420,8810.8%Computer and Technology
Accenture PLC stock logo
ACN
Accenture
$132,126,800$4,249,658 -3.1%535,7940.7%Computer and Technology
The TJX Companies, Inc. stock logo
TJX
TJX Companies
$128,486,086$747,705 -0.6%888,9310.7%Retail/Wholesale
The Sherwin-Williams Company stock logo
SHW
Sherwin-Williams
$119,991,555$3,396,464 -2.8%346,5360.7%Basic Materials
AMETEK, Inc. stock logo
AME
AMETEK
$115,563,976$1,825,856 -1.6%614,7020.6%Computer and Technology
HDFC Bank Limited stock logo
HDB
HDFC Bank
$113,314,493$51,298,789 82.7%3,317,1690.6%Finance
Berkshire Hathaway Inc. stock logo
BRK.B
Berkshire Hathaway
$111,403,664$3,087,326 -2.7%221,5930.6%Finance
Danaher Corporation stock logo
DHR
Danaher
$109,881,639$2,346,605 -2.1%554,2300.6%Medical
Cadence Design Systems, Inc. stock logo
CDNS
Cadence Design Systems
$106,584,929$938,215 -0.9%303,4360.6%Computer and Technology
Manulife Financial Corp stock logo
MFC
Manulife Financial
$102,010,705$3,349,721 -3.2%3,273,4760.6%Finance
Guidewire Software, Inc. stock logo
GWRE
Guidewire Software
$101,131,963$1,209,064 -1.2%439,9720.6%Computer and Technology
Mondelez International, Inc. stock logo
MDLZ
Mondelez International
$96,975,741$7,959,428 8.9%1,552,3570.5%Consumer Staples
Intuit Inc. stock logo
INTU
Intuit
$90,487,623$90,487,623 New Holding132,5030.5%Computer and Technology
Public Service Enterprise Group Incorporated stock logo
PEG
Public Service Enterprise Group
$85,571,955$44,254,498 107.1%1,025,3050.5%Utilities
Bank OZK stock logo
OZK
Bank OZK
$84,538,655$7,337,449 -8.0%1,658,2710.5%Finance
Enbridge Inc stock logo
ENB
Enbridge
$84,334,654$2,501,553 -2.9%1,671,3180.5%Energy
Johnson & Johnson stock logo
JNJ
Johnson & Johnson
$83,532,822$4,142,283 -4.7%450,5060.5%Medical
Bank of Nova Scotia (The) stock logo
BNS
Bank of Nova Scotia
$80,350,478$7,826,423 -8.9%1,242,3570.4%Finance
Chubb Limited stock logo
CB
Chubb
$78,651,220$2,319,530 -2.9%278,6580.4%Finance
Monster Beverage Corporation stock logo
MNST
Monster Beverage
$72,329,508$1,019,545 -1.4%1,074,5730.4%Consumer Staples
Procter & Gamble Company (The) stock logo
PG
Procter & Gamble
$62,133,601$2,694,714 -4.2%404,3840.3%Consumer Staples
ASML Holding N.V. stock logo
ASML
ASML
$60,721,509$173,288 0.3%62,7230.3%Computer and Technology
Relx Plc stock logo
RELX
Relx
$53,945,349$939,344 -1.7%1,129,5090.3%Computer and Technology
American Financial Group, Inc. stock logo
AFG
American Financial Group
$53,884,924$521,969 -1.0%369,7840.3%Finance
CME Group Inc. stock logo
CME
CME Group
$47,324,048$1,042,393 -2.2%175,1510.3%Finance
SAP SE stock logo
SAP
SAP
$44,114,500$5,481,011 14.2%165,0930.2%Computer and Technology
Costco Wholesale Corporation stock logo
COST
Costco Wholesale
$40,580,544$2,570,474 -6.0%43,8410.2%Retail/Wholesale
Unilever PLC stock logo
UL
Unilever
$40,121,415$1,214,647 3.1%676,8120.2%Consumer Staples
Colgate-Palmolive Company stock logo
CL
Colgate-Palmolive
$33,450,093$2,371,180 -6.6%418,4400.2%Consumer Staples
Diageo plc stock logo
DEO
Diageo
$32,426,923$25,156,493 -43.7%339,7980.2%Consumer Staples
Axos Financial, Inc stock logo
AX
Axos Financial
$32,351,790$378,978 -1.2%382,1830.2%Finance
Credit Acceptance Corporation stock logo
CACC
Credit Acceptance
$32,318,093$590,666 -1.8%69,2140.2%Finance
SPDR S&P 500 ETF Trust stock logo
SPY
SPDR S&P 500 ETF Trust
$27,499,244$6,341,367 -18.7%41,2790.2%Finance
ServisFirst Bancshares Inc
$24,409,850$246,986 -1.0%303,1150.1%Common Stock
The Progressive Corporation stock logo
PGR
Progressive
$22,537,150$222,255 -1.0%91,2620.1%Finance
LCI Industries stock logo
LCII
LCI Industries
$22,072,451$213,034 -1.0%236,9560.1%Auto/Tires/Trucks
Verisk Analytics, Inc. stock logo
VRSK
Verisk Analytics
$21,798,120$2,859,417 -11.6%86,6690.1%Business Services
AbbVie Inc. stock logo
ABBV
AbbVie
$20,577,654$20,839 0.1%88,8730.1%Medical
Autodesk, Inc. stock logo
ADSK
Autodesk
$18,814,005$89,838,978 -82.7%59,2250.1%Computer and Technology
Alcon stock logo
ALC
Alcon
$17,169,935$305,789 -1.7%230,4380.1%Medical
Exxon Mobil Corporation stock logo
XOM
Exxon Mobil
$16,074,091$187,503 -1.2%142,5640.1%Energy
Eli Lilly and Company stock logo
LLY
Eli Lilly and Company
$15,509,501$167,860 -1.1%20,3270.1%Medical
Sea Limited Sponsored ADR stock logo
SE
SEA
$15,464,077$528,683 -3.3%86,5220.1%Computer and Technology
Automatic Data Processing, Inc. stock logo
ADP
Automatic Data Processing
$15,397,597$2,703,135 -14.9%52,4620.1%Computer and Technology
MercadoLibre, Inc. stock logo
MELI
MercadoLibre
$14,430,604$65,434 0.5%6,1750.1%Retail/Wholesale
Triple Flag Precious Metals Corp. stock logo
TFPM
Triple Flag Precious Metals
$12,991,855$2,415,881 -15.7%443,7130.1%Basic Materials
Trip.com Group Limited Sponsored ADR stock logo
TCOM
Trip.com Group
$12,547,872$320,578 -2.5%166,8600.1%Consumer Discretionary
Apple Inc. stock logo
AAPL
Apple
$11,391,636$1,947,919 -14.6%44,7380.1%Computer and Technology
Zoetis Inc. stock logo
ZTS
Zoetis
$11,222,451$983,856 -8.1%76,6980.1%Medical
Nutrien Ltd. stock logo
NTR
Nutrien
$10,670,851$111,957 -1.0%181,6650.1%Basic Materials
Nu Holdings Ltd. stock logo
NU
NU
$10,435,638$41,306 0.4%651,8200.1%Finance
Credicorp Ltd. stock logo
BAP
Credicorp
$10,353,498$2,065,800 -16.6%38,8820.1%Finance
iShares 1-5 Year Investment Grade Corporate Bond ETF stock logo
IGSB
iShares 1-5 Year Investment Grade Corporate Bond ETF
$10,221,214$3,383,791 49.5%192,7440.1%Manufacturing
TELUS Corporation stock logo
TU
TELUS
$10,164,537$150,702 -1.5%645,2070.1%Utilities
Booking Holdings Inc. stock logo
BKNG
Booking
$8,822,407$410,345 -4.4%1,6340.0%Retail/Wholesale
ATS Corporation stock logo
ATS
ATS
$8,763,730$1,159,342 -11.7%334,9040.0%Industrials
NVIDIA Corporation stock logo
NVDA
NVIDIA
$8,403,190$7,044,888 518.7%45,0380.0%Computer and Technology
Haleon PLC Sponsored ADR stock logo
HLN
Haleon
$7,364,423$815,409 12.5%821,0060.0%Medical
Novartis AG stock logo
NVS
Novartis
$6,673,224$180,818 -2.6%52,0370.0%Medical
Emerson Electric Co. stock logo
EMR
Emerson Electric
$5,963,4420.0%45,4600.0%Industrials
Comcast Corporation stock logo
CMCSA
Comcast
$5,553,107$596,917 -9.7%176,7380.0%Consumer Discretionary
Fomento Economico Mexicano S.A.B. de C.V. stock logo
FMX
Fomento Economico Mexicano
$5,454,830$113,424 -2.0%55,3060.0%Consumer Staples

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