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 | |
|---|---|---|---|---|---|---|---|
651
Travere Therapeutics
TVTX
$5B
| $9.7M | 0.01% |
164,882
-1,689
| -1% | -$103K |
2025 Q2
5 quarters
|
|
652
Assured Guaranty
AGO
$3.24B
| $9.7M | 0.01% |
142,822
+7,367
| +5% | +$571K |
2023 Q1
14 quarters
|
|
653
Steel Dynamics
STLD
$34B
| $9.6M | 0.01% |
43,385
-5,453
| -11% | -$1.31M |
2021 Q1
22 quarters
|
|
654
Chipotle Mexican Grill
CMG
$46.3B
| $9.6M | 0.01% |
300,582
+26,925
| +10% | +$933K |
2016 Q4
39 quarters
|
|
655
Crescent Energy
CRGY
$4.9B
| $9.6M | 0.01% |
742,675
+86,873
| +13% | +$1.06M |
2026 Q2
1 quarter
|
|
656
Sempra
SRE
$51.2B
| $9.6M | 0.01% |
122,577
+6,246
| +5% | +$540K |
2018 Q1
34 quarters
|
|
657
M&T Bank
MTB
$31.6B
| $9.49M | 0.01% |
43,618
+1,767
| +4% | +$425K |
2018 Q1
34 quarters
|
|
658
NetEase
NTES
$78.2B
| $9.48M | 0.01% |
78,265
+1,299
| +2% | +$162K |
2025 Q1
6 quarters
|
|
659
Simon Property Group
SPG
$75.7B
| $9.47M | 0.01% |
47,162
-3,242
| -6% | -$706K |
2017 Q4
35 quarters
|
|
660
W.R. Berkley
WRB
$28.5B
| $9.44M | 0.01% |
139,818
+3,001
| +2% | +$212K |
2017 Q4
35 quarters
|
|
661
Reliance Steel & Aluminium
RS
$21.9B
| $9.43M | 0.01% |
24,521
+10,450
| +74% | +$4.14M |
2013 Q2
53 quarters
|
|
662
Qnity Electronics Inc
Q
$26.5B
| $9.41M | 0.01% |
74,874
+14,510
| +24% | +$1.9M |
2025 Q4
3 quarters
|
|
663
Viatris
VTRS
$24.1B
| $9.41M | 0.01% |
531,177
-41,110
| -7% | -$694K |
2018 Q1
34 quarters
|
|
664
Zscaler
ZS
$31.6B
| $9.4M | 0.01% |
47,132
+19,698
| +72% | +$3.36M |
2020 Q2
25 quarters
|
|
665
AnaptysBio
ANAB
$1.46B
| $9.38M | 0.01% |
186,688
+35,709
| +24% | +$2.02M |
2025 Q4
3 quarters
|
|
666
Bloom Energy
BE
$61.9B
| $9.34M | 0.01% |
33,732
-20,453
| -38% | -$4.83M |
2021 Q3
20 quarters
|
|
667
Brunswick
BC
$5.03B
| $9.29M | 0.01% |
144,631
+11,696
| +9% | +$894K |
2026 Q1
2 quarters
|
|
668
Sunbelt Rentals Holdings
SUNB
$34.1B
| $9.29M | 0.01% |
125,833
-1,074,603
| -90% | -$80.1M |
2026 Q1
2 quarters
|
|
669
Arteris
AIP
$1.01B
| $9.27M | 0.01% |
392,193
-61,204
| -13% | -$1.67M |
2026 Q1
2 quarters
|
|
670
Markel Group
MKL
$24.1B
| $9.27M | 0.01% |
5,411
-290
| -5% | -$539K |
2013 Q3
52 quarters
|
|
671
Reddit
RDDT
$20.4B
| $9.25M | 0.01% |
64,916
+11,120
| +21% | +$1.84M |
2025 Q2
5 quarters
|
|
672
Ironwood Pharmaceuticals
IRWD
$806M
| $9.22M | 0.01% |
2,322,690
-44,803
| -2% | -$187K |
2022 Q4
15 quarters
|
|
673
Nebius Group N.V.
NBIS
$42.1B
| $9.22M | 0.01% |
39,079
+11,722
| +43% | +$2.52M |
2025 Q4
3 quarters
|
|
674
Casey's General Stores
CASY
$26.4B
| $9.2M | 0.01% |
15,120
+527
| +4% | +$407K |
2025 Q2
5 quarters
|
|
675
General Mills
GIS
$18.3B
| $9.2M | 0.01% |
285,984
-27,438
| -9% | -$1.02M |
2017 Q3
36 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.