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 | |
|---|---|---|---|---|---|---|---|
676
Kaiser Aluminum
KALU
$1.86B
| $9.13M | 0.01% |
63,050
-37,762
| -37% | -$6.16M |
2025 Q4
3 quarters
|
|
677
CBRE Group
CBRE
$38.8B
| $9.12M | 0.01% |
71,014
+3,141
| +5% | +$450K |
2019 Q4
27 quarters
|
|
678
Aveanna Healthcare
AVAH
$2.86B
| $9.12M | 0.01% |
734,710
-1,372,795
| -65% | -$15.8M |
2023 Q3
12 quarters
|
|
679
CareTrust REIT
CTRE
$9.9B
| $9.09M | 0.01% |
248,362
-54,403
| -18% | -$2.17M |
2024 Q2
9 quarters
|
|
680
Entergy
ETR
$53.5B
| $9.07M | 0.01% |
91,332
-36,742
| -29% | -$3.96M |
2019 Q4
27 quarters
|
|
681
Baker Hughes
BKR
$49.1B
| $9.06M | 0.01% |
164,979
-29,845
| -15% | -$1.78M |
2021 Q1
22 quarters
|
|
682
Principal Financial Group
PFG
$24.4B
| $9.02M | 0.01% |
80,537
+5,342
| +7% | +$605K |
2018 Q1
34 quarters
|
|
683
Vistra
VST
$45.3B
| $8.95M | 0.01% |
64,694
+4,782
| +8% | +$704K |
2023 Q1
14 quarters
|
|
684
Custom Truck One Source
CTOS
$2.36B
| $8.95M | 0.01% |
982,077
+96,121
| +11% | +$953K |
2026 Q1
2 quarters
|
|
685
J.M. Smucker
SJM
$14.2B
| $8.88M | 0.01% |
74,716
+71,247
| +2,054% | +$8.57M |
2017 Q2
37 quarters
|
|
686
Grupo Aeroportuario del Pacifico
PAC
$14.3B
| $8.84M | 0.01% |
43,038
-6,613
| -13% | -$1.43M |
2020 Q1
26 quarters
|
|
687
Evergy
EVRG
$20.7B
| $8.76M | 0.01% |
111,698
-929
| -0.8% | -$77K |
2018 Q3
32 quarters
|
|
688
Lindblad Expeditions
LIND
$2.29B
| $8.75M | 0.01% |
278,544
+14,103
| +5% | +$408K |
2024 Q4
7 quarters
|
|
689
Logitech
LOGI
$14.2B
| $8.74M | 0.01% |
86,533
-93,114
| -52% | -$9.44M |
2023 Q1
14 quarters
|
|
690
Digital Realty Trust
DLR
$68.5B
| $8.69M | 0.01% |
49,499
+4,016
| +9% | +$745K |
2018 Q1
34 quarters
|
|
691
Xcel Energy
XEL
$52.1B
| $8.59M | 0.01% |
121,885
+14,232
| +13% | +$1.1M |
2018 Q1
34 quarters
|
|
692
Air Products & Chemicals
APD
$70.2B
| $8.5M | 0.01% |
30,538
+1,855
| +6% | +$552K |
2017 Q4
35 quarters
|
|
693
Keros Therapeutics
KROS
$187M
| $8.47M | 0.01% |
742,837
+114,399
| +18% | +$1.25M |
2025 Q2
5 quarters
|
|
694
Norfolk Southern
NSC
$74.3B
| $8.47M | 0.01% |
27,405
+238
| +0.9% | +$78.8K |
2017 Q1
38 quarters
|
|
695
Piper Sandler
PIPR
$4.68B
| $8.39M | 0.01% |
127,118
-77,244
| -38% | -$5.75M |
2024 Q1
10 quarters
|
|
696
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$13.7B
| $8.38M | 0.01% |
92,270
+2,090
| +2% | +$198K |
2023 Q3
12 quarters
|
|
697
The Kraft Heinz Company
KHC
$28.7B
| $8.38M | 0.01% |
368,755
-521,422
| -59% | -$13.1M |
2015 Q4
43 quarters
|
|
698
Stepan Co
SCL
$1.5B
| $8.33M | 0.01% |
+133,614
| New | +$8.23M |
2026 Q3
0 quarters
|
|
699
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.26B
| $8.33M | 0.01% |
89,800
+500
| +0.6% | +$47.7K |
2019 Q2
29 quarters
|
|
700
Acadia Pharmaceuticals
ACAD
$3.17B
| $8.32M | 0.01% |
413,106
-7,719
| -2% | -$207K |
2021 Q4
19 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.