Mackenzie Financial Portfolio holdings
Mackenzie Investments is a Canadian asset manager founded in 1967 by Alex Christ, whose first mutual fund, the Industrial Growth Fund, was later renamed the Mackenzie Growth Fund. Its money is managed by independent in-house teams, each with its own investment approach, some using fundamental analysis and others computer-driven models. Their work spans equities, alternatives, currency and multi-asset strategies. Investors Group acquired Mackenzie in 2001 to create IGM Financial, a subsidiary of Power Corporation. Beyond its Canadian mutual funds and ETFs, Mackenzie manages money for pension plans and charities.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$222M |
| 2 |
NVIDIA
NVDA
|
+$198M |
| 3 |
Waters Corp
WAT
|
+$158M |
| 4 |
Celestica
CLS
|
+$141M |
| 5 |
ServiceNow
NOW
|
+$141M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Royal Bank of Canada
RY
|
+$216M |
| 2 |
Toronto Dominion Bank
TD
|
+$197M |
| 3 |
Mastercard
MA
|
+$178M |
| 4 |
Canadian Imperial Bank of Commerce
CM
|
+$168M |
| 5 |
Alamos Gold
AGI
|
+$150M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.66% |
| 2 | Financials | 19.59% |
| 3 | Energy | 9.25% |
| 4 | Industrials | 8.99% |
| 5 | Materials | 8.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
226
Chubb
CB
$141B
| $62M | 0.07% |
190,477
-71,559
| -27% | -$24.7M |
2023 Q1
14 quarters
|
|
227
Teradyne
TER
$41.5B
| $61.9M | 0.07% |
154,453
-33,583
| -18% | -$12.4M |
2018 Q3
32 quarters
|
|
228
Valero Energy
VLO
$101B
| $61.6M | 0.07% |
158,875
-19,913
| -11% | -$6.72M |
2014 Q3
48 quarters
|
|
229
Incyte
INCY
$24.9B
| $61.5M | 0.07% |
506,570
-128,292
| -20% | -$15.7M |
2019 Q4
27 quarters
|
|
230
Walt Disney
DIS
$207B
| $61.4M | 0.07% |
585,594
+126,782
| +28% | +$13M |
2013 Q2
53 quarters
|
|
231
Mondelez International
MDLZ
$84.4B
| $60.3M | 0.07% |
1,043,208
+36,251
| +4% | +$2.23M |
2018 Q1
34 quarters
|
|
232
Imperial Oil
IMO
$59.8B
| $60M | 0.07% |
488,312
+30,022
| +7% | +$3.83M |
2021 Q1
22 quarters
|
|
233
iShares Core S&P Small-Cap ETF
IJR
$107B
| $60M | 0.07% |
440,710
+31,120
| +8% | +$4.5M |
2023 Q3
12 quarters
|
|
234
TE Connectivity
TEL
$62.9B
| $59.6M | 0.07% |
282,548
-206,267
| -42% | -$42.7M |
2023 Q1
14 quarters
|
|
235
Elevance Health
ELV
$92.8B
| $59.3M | 0.06% |
152,450
-81,790
| -35% | -$32.6M |
2013 Q4
51 quarters
|
|
236
InterDigital
IDCC
$7.74B
| $58.9M | 0.06% |
180,671
-1,549
| -0.9% | -$484K |
2026 Q2
1 quarter
|
|
237
Vermilion Energy
VET
$1.61B
| $58.7M | 0.06% |
5,159,690
-432,758
| -8% | -$4.96M |
2021 Q2
21 quarters
|
|
238
RB Global
RBA
$17.3B
| $58.6M | 0.06% |
719,901
-285,862
| -28% | -$27.2M |
2016 Q2
41 quarters
|
|
239
Welltower
WELL
$181B
| $58M | 0.06% |
251,785
+32,536
| +15% | +$7.69M |
2016 Q1
42 quarters
|
|
240
Universal Health Services
UHS
$11.3B
| $57.7M | 0.06% |
331,250
-49,655
| -13% | -$8.32M |
2017 Q4
35 quarters
|
|
241
Adobe
ADBE
$92.5B
| $57.7M | 0.06% |
240,441
-11,465
| -5% | -$2.87M |
2017 Q3
36 quarters
|
|
242
VICI Properties
VICI
$27.5B
| $57.3M | 0.06% |
2,493,927
-35,200
| -1% | -$907K |
2019 Q2
29 quarters
|
|
|
243
Alamos Gold
AGI
$12.6B
| $57.1M | 0.06% |
1,763,447
-4,559,782
| -72% | -$150M |
2017 Q4
35 quarters
|
|
244
O'Reilly Automotive
ORLY
$72.6B
| $57M | 0.06% |
667,269
-291,591
| -30% | -$25.7M |
2018 Q1
34 quarters
|
|
245
TransAlta
TAC
$4.24B
| $56.6M | 0.06% |
4,680,519
-214,334
| -4% | -$2.72M |
2016 Q2
41 quarters
|
|
246
Bentley Systems
BSY
$13.4B
| $55.9M | 0.06% |
1,749,719
+50,991
| +3% | +$1.72M |
2025 Q2
5 quarters
|
|
247
OR Royalties Inc
OR
$6.67B
| $55.4M | 0.06% |
1,616,923
-201,814
| -11% | -$6.72M |
2017 Q4
35 quarters
|
|
248
Autodesk
ADSK
$54.3B
| $55M | 0.06% |
263,182
+8,379
| +3% | +$1.91M |
2019 Q4
27 quarters
|
|
249
Sensata Technologies
ST
$5.87B
| $54.7M | 0.06% |
1,316,603
+15,906
| +1% | +$700K |
2023 Q1
14 quarters
|
|
250
American Electric Power
AEP
$70.4B
| $54.6M | 0.06% |
460,239
-188,710
| -29% | -$23.9M |
2017 Q4
35 quarters
|
|
Similar funds
Mackenzie Financial's Q3 2026 Portfolio in Review
As of Q3 2026, Mackenzie Financial held 1,697 positions worth $91.6B, down 8.4% from $100B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Mackenzie Financial's Q3 2026 filing shows 143 new, 750 increased, 568 reduced and 180 closed positions. Its largest new stake was Global E Online: 726,763 shares worth $28.9M. The largest sale was Royal Bank of Canada, an estimated $216M.
By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 19% a quarter earlier, followed by Financials and Energy.
- Mackenzie Financial's largest Q3 2026 buy was Global E Online: 726,763 shares worth $28.9M.
- Mackenzie Financial added most to Microsoft in Q3 2026, an estimated $222M increase.
- Mackenzie Financial's biggest Q3 2026 reduction was Royal Bank of Canada, cutting an estimated $216M.
- Mackenzie Financial fully exited Invesco QQQ Trust in Q3 2026, selling an estimated $74.2M.
- Mackenzie Financial's ten largest holdings make up 27% of its $91.6B portfolio in Q3 2026.
- Mackenzie Financial opened 143 new positions and closed 180 in Q3 2026.
- Mackenzie Financial's portfolio value fell 8.4% quarter-over-quarter to $91.6B.
Based on Mackenzie Financial's 13F filing for Q3 2026, filed 2 Nov 2026.