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 | |
|---|---|---|---|---|---|---|---|
276
NOV
NOV
$6.42B
| $47.7M | 0.05% |
2,547,265
+433,950
| +21% | +$8.72M |
2025 Q2
5 quarters
|
|
277
Ingredion
INGR
$5.78B
| $47.6M | 0.05% |
496,762
+196,092
| +65% | +$19.8M |
2023 Q4
11 quarters
|
|
278
Lowe's Companies
LOW
$130B
| $47.3M | 0.05% |
256,488
+15,996
| +7% | +$3.32M |
2017 Q4
35 quarters
|
|
279
McKesson
MCK
$125B
| $47.1M | 0.05% |
55,217
-480
| -0.9% | -$413K |
2013 Q2
53 quarters
|
|
280
Intuitive Surgical
ISRG
$156B
| $47M | 0.05% |
115,646
-32,515
| -22% | -$12.4M |
2016 Q4
39 quarters
|
|
281
Gold Fields
GFI
$33.2B
| $46.8M | 0.05% |
1,294,889
-644,145
| -33% | -$25.3M |
2018 Q4
31 quarters
|
|
282
IBM
IBM
$235B
| $46.4M | 0.05% |
210,937
-154,521
| -42% | -$36.7M |
2013 Q2
53 quarters
|
|
283
LKQ Corp
LKQ
$5.05B
| $45.9M | 0.05% |
2,011,963
+1,535,903
| +323% | +$38M |
2020 Q2
25 quarters
|
|
284
Snowflake
SNOW
$106B
| $45.8M | 0.05% |
134,884
+26,659
| +25% | +$8.24M |
2021 Q2
21 quarters
|
|
285
UBS Group
UBS
$150B
| $45.6M | 0.05% |
946,487
+61,815
| +7% | +$3.25M |
2023 Q1
14 quarters
|
|
286
D.R. Horton
DHI
$40B
| $45.4M | 0.05% |
331,927
+45,442
| +16% | +$6.63M |
2019 Q2
29 quarters
|
|
287
RingCentral
RNG
$6.27B
| $45M | 0.05% |
602,879
-208,433
| -26% | -$12.7M |
2018 Q2
33 quarters
|
|
288
Kinder Morgan
KMI
$70.4B
| $44.8M | 0.05% |
1,487,098
+8,017
| +0.5% | +$254K |
2015 Q4
43 quarters
|
|
289
TSMC
TSM
$2.14T
| $44.5M | 0.05% |
97,656
-45,550
| -32% | -$19.3M |
2017 Q4
35 quarters
|
|
290
General Motors
GM
$75B
| $44.5M | 0.05% |
578,279
-26,182
| -4% | -$2.19M |
2013 Q2
53 quarters
|
|
291
Fastenal
FAST
$63.7B
| $44.5M | 0.05% |
898,269
-292,983
| -25% | -$14.4M |
2019 Q4
27 quarters
|
|
292
Valley National Bancorp
VLY
$7.92B
| $43.9M | 0.05% |
3,478,434
+727,215
| +26% | +$10.3M |
2021 Q2
21 quarters
|
|
293
Moderna
MRNA
$101B
| $43.5M | 0.05% |
225,823
+109,578
| +94% | +$11.8M |
2020 Q2
25 quarters
|
|
294
ZTO Express
ZTO
$15.3B
| $43.2M | 0.05% |
2,224,806
+309,809
| +16% | +$6.9M |
2025 Q2
5 quarters
|
|
295
B2Gold
BTG
$6.82B
| $42.7M | 0.05% |
8,187,649
+999,695
| +14% | +$4.76M |
2016 Q4
39 quarters
|
|
296
Johnson Controls International
JCI
$87.6B
| $42.7M | 0.05% |
287,087
-8,523
| -3% | -$1.23M |
2023 Q1
14 quarters
|
|
297
Garrett Motion
GTX
$3.88B
| $42.3M | 0.05% |
1,624,969
-1,201,803
| -43% | -$34.7M |
2025 Q2
5 quarters
|
|
298
MongoDB
MDB
$27.2B
| $41.9M | 0.05% |
120,248
+39,665
| +49% | +$15M |
2020 Q4
23 quarters
|
|
299
Huazhu Hotels Group
HTHT
$15.7B
| $41.7M | 0.05% |
974,196
-17,059
| -2% | -$743K |
2025 Q2
5 quarters
|
|
300
JD.com
JD
$37.6B
| $41.5M | 0.05% |
1,558,423
+17,301
| +1% | +$502K |
2024 Q4
7 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.