We are live on ! Find out more
JFL

Jarislowsky, Fraser Ltd Portfolio holdings

AUM $18.2B
1-Year Est. Return 22.04%
This Fund
S&P 500
This Quarter Est. Return
+12.29%
1 Year Est. Return
+22.04%
3 Year Est. Return
+92.61%
5 Year Est. Return
+122.31%
10 Year Est. Return
+241.41%
AUM
$17.5B
AUM Growth
+$1.55B
Cap. Flow
-$73.4M
Cap. Flow %
-0.42%
Top 10 Hldgs %
41.07%
Holding
190
New
5
Increased
52
Reduced
96
Closed
2

Top Buys

Rank Stock Value
1
SHOP icon
Shopify
SHOP
+$108M
2
TFII icon
TFI International
TFII
+$95.8M
3
CIGI icon
Colliers International
CIGI
+$64.6M
4
TSM icon
TSMC
TSM
+$44.1M
5
UNH icon
UnitedHealth
UNH
+$28.3M

Top Sells

Rank Stock Value
1
QSR icon
Restaurant Brands International
QSR
+$188M
2
STN icon
Stantec
STN
+$65.1M
3
TRI icon
Thomson Reuters
TRI
+$48M
4
CAE icon
CAE Inc. Common Shares
CAE
+$36.3M
5
CPRT icon
Copart
CPRT
+$32.8M

Sector Composition

Rank Sector Weight
1 Financials 25.6%
2 Technology 23.42%
3 Industrials 19.86%
4 Healthcare 7.54%
5 Consumer Discretionary 7.06%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CNI icon
1
Canadian National Railway
CNI
$78.9B
$961M 5.49%
9,241,703
+25,244
+0.3% +$2.57M
BN icon
2
Brookfield
BN
$103B
$958M 5.47%
23,259,792
-508,361
-2% -$18.8M
TD icon
3
Toronto Dominion Bank
TD
$198B
$881M 5.03%
11,996,531
-131,058
-1% -$8.55M
BMO icon
4
Bank of Montreal
BMO
$125B
$708M 4.04%
6,400,179
-149,380
-2% -$15.1M
MSFT icon
5
Microsoft
MSFT
$2.86T
$695M 3.97%
1,397,554
-46,429
-3% -$20.2M
CAE icon
6
CAE Inc. Common Shares
CAE
$8.14B
$636M 3.63%
21,748,736
-1,439,092
-6% -$36.3M
OTEX icon
7
Open Text
OTEX
$5.39B
$613M 3.5%
21,032,718
+406,180
+2% +$11M
TRI icon
8
Thomson Reuters
TRI
$38.9B
$604M 3.45%
2,964,274
-251,884
-8% -$48M
SHOP icon
9
Shopify
SHOP
$147B
$585M 3.34%
5,082,979
+1,083,169
+27% +$108M
TRP icon
10
TC Energy
TRP
$73.4B
$548M 3.13%
11,244,354
-255,965
-2% -$12.6M
STN icon
11
Stantec
STN
$7.71B
$539M 3.08%
4,964,066
-676,400
-12% -$65.1M
FNV icon
12
Franco-Nevada
FNV
$41.4B
$458M 2.62%
2,797,010
-67,783
-2% -$11.2M
GIB icon
13
CGI
GIB
$13.9B
$442M 2.53%
4,218,244
-45,701
-1% -$4.82M
AMZN icon
14
Amazon
AMZN
$2.52T
$441M 2.52%
2,011,481
+45,026
+2% +$8.91M
GIL icon
15
Gildan
GIL
$9.31B
$364M 2.08%
7,412,206
+449,144
+6% +$20.6M
CIGI icon
16
Colliers International
CIGI
$4.98B
$331M 1.89%
2,532,836
+530,253
+26% +$64.6M
MA icon
17
Mastercard
MA
$473B
$316M 1.81%
562,749
-5,577
-1% -$3.08M
ORCL icon
18
Oracle
ORCL
$342B
$312M 1.78%
1,427,023
+68,012
+5% +$11M
ABT icon
19
Abbott
ABT
$180B
$299M 1.71%
2,195,829
+26,112
+1% +$3.44M
TFII icon
20
TFI International
TFII
$12.6B
$296M 1.69%
3,304,033
+1,132,014
+52% +$95.8M
JPM icon
21
JPMorgan Chase
JPM
$939B
$268M 1.53%
926,080
-20,235
-2% -$5.16M
DSGX icon
22
Descartes Systems
DSGX
$5.83B
$264M 1.51%
2,604,847
-44,912
-2% -$4.74M
RY icon
23
Royal Bank of Canada
RY
$292B
$261M 1.49%
1,983,304
-13,735
-0.7% -$1.68M
BSX icon
24
Boston Scientific
BSX
$66.3B
$244M 1.39%
2,268,973
-2,566
-0.1% -$260K
FISV
25
Fiserv Inc
FISV
$27.4B
$238M 1.36%
1,382,912
+154,702
+13% +$28.1M
1
2 3 4 5

Similar funds

GIM
Glenmede Investment Management Philadelphia, Pennsylvania $20.7B AUM
CSS
Cubist Systematic Strategies Stamford, Connecticut $21B AUM 21.48% 1-Year Est. Return
ECM
Eisler Capital Management London, United Kingdom $22.6B AUM 9.36% 1-Year Est. Return
BAM
Burgundy Asset Management Toronto, Ontario, Canada $10.6B AUM 13.39% 1-Year Est. Return
SF
Synovus Financial Columbus, Georgia $8.74B AUM 12.78% 1-Year Est. Return
WIM
Waverton Investment Management London, United Kingdom $7.77B AUM 25.07% 1-Year Est. Return
SIG
Stonegate Investment Group Birmingham, Alabama $4.31B AUM 18.07% 1-Year Est. Return
PFPT
Pinnacle Financial Partners (Tennessee) Nashville, Tennessee $4.18B AUM 16.01% 1-Year Est. Return

Jarislowsky, Fraser Ltd's Q2 2025 Portfolio in Review

As of Q2 2025, Jarislowsky, Fraser Ltd held 190 positions worth $17.5B, up 9.7% from $16B the previous quarter. Its ten largest holdings account for 41% of the portfolio.

Trading was light in Q2 2025: portfolio turnover was 3.7%. Jarislowsky, Fraser Ltd opened 5 new positions and exited 2, leaving the 190-position portfolio largely intact.

By sector, the portfolio is most concentrated in Financials at 26% of assets, up from 25% a quarter earlier, followed by Technology and Industrials.

  • Jarislowsky, Fraser Ltd's largest Q2 2025 buy was Bombardier Recreational Products: 68,664 shares worth $3.33M.
  • Jarislowsky, Fraser Ltd added most to Shopify in Q2 2025, an estimated $108M increase.
  • Jarislowsky, Fraser Ltd's biggest Q2 2025 reduction was Restaurant Brands International, cutting an estimated $188M.
  • Jarislowsky, Fraser Ltd fully exited Cooper Companies in Q2 2025, selling an estimated $489K.
  • Jarislowsky, Fraser Ltd's ten largest holdings make up 41% of its $17.5B portfolio in Q2 2025.
  • Jarislowsky, Fraser Ltd opened 5 new positions and closed 2 in Q2 2025.
  • Jarislowsky, Fraser Ltd's portfolio value rose 9.7% quarter-over-quarter to $17.5B.

Based on Jarislowsky, Fraser Ltd's 13F filing for Q2 2025, filed 15 Jul 2025.