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 | |
|---|---|---|---|---|---|---|---|
776
Fomento Económico Mexicano
FMX
$45.2B
| $6.18M | 0.01% |
52,099
+19,865
| +62% | +$2.45M |
2025 Q1
6 quarters
|
|
777
Acuity Brands
AYI
$10B
| $6.17M | 0.01% |
19,920
+125
| +0.6% | +$41.6K |
2025 Q1
6 quarters
|
|
778
Fortuna Silver Mines
FSM
$2.8B
| $6.15M | 0.01% |
546,814
+3,340
| +0.6% | +$34.8K |
2020 Q3
24 quarters
|
|
779
Black Hills Corp
BKH
$6.65B
| $6.11M | 0.01% |
87,148
+17,739
| +26% | +$1.29M |
2021 Q3
20 quarters
|
|
780
Perpetua Resources
PPTA
$2.37B
| $6.09M | 0.01% |
282,487
-2,011
| -0.7% | -$44.6K |
2025 Q1
6 quarters
|
|
781
Expand Energy Corp
EXE
$20.5B
| $6.09M | 0.01% |
72,398
+10,084
| +16% | +$930K |
2021 Q3
20 quarters
|
|
782
Okta
OKTA
$31.9B
| $6.08M | 0.01% |
29,054
+5,247
| +22% | +$831K |
2020 Q2
25 quarters
|
|
783
Invitation Homes
INVH
$15.5B
| $6.05M | 0.01% |
229,723
+12,774
| +6% | +$372K |
2019 Q4
27 quarters
|
|
784
Avery Dennison
AVY
$14.2B
| $6.03M | 0.01% |
35,359
+4,348
| +14% | +$741K |
2020 Q2
25 quarters
|
|
785
Bunge Global
BG
$19.3B
| $6.03M | 0.01% |
56,343
+5,945
| +12% | +$680K |
2023 Q1
14 quarters
|
|
786
Funko
FNKO
$405M
| $6M | 0.01% |
+1,108,575
| New | +$6.45M |
2026 Q3
0 quarters
|
|
787
Chemed
CHE
$7.14B
| $5.99M | 0.01% |
11,862
-6,967
| -37% | -$3.6M |
2023 Q2
13 quarters
|
|
788
Emcor
EME
$29.2B
| $5.96M | 0.01% |
7,898
-342
| -4% | -$264K |
2021 Q2
21 quarters
|
|
789
Metalla Royalty & Streaming
MTA
$721M
| $5.95M | 0.01% |
630,472
-5,348
| -0.8% | -$48.3K |
2025 Q3
4 quarters
|
|
790
Syndax Pharmaceuticals
SNDX
$863M
| $5.94M | 0.01% |
316,157
+36,078
| +13% | +$729K |
2026 Q2
1 quarter
|
|
791
Dover
DOV
$28.3B
| $5.94M | 0.01% |
31,745
-2,860
| -8% | -$577K |
2019 Q4
27 quarters
|
|
792
Tyson Foods
TSN
$21.1B
| $5.92M | 0.01% |
117,163
-69,918
| -37% | -$3.92M |
2016 Q4
39 quarters
|
|
793
Liquidity Services
LQDT
$1.44B
| $5.91M | 0.01% |
137,997
-21,733
| -14% | -$890K |
2025 Q3
4 quarters
|
|
794
Las Vegas Sands
LVS
$26.1B
| $5.85M | 0.01% |
154,821
+25,797
| +20% | +$1.15M |
2019 Q4
27 quarters
|
|
795
Kyndryl
KD
$3.73B
| $5.8M | 0.01% |
515,193
+412,360
| +401% | +$5.24M |
2024 Q1
10 quarters
|
|
796
Credicorp
BAP
$29.3B
| $5.8M | 0.01% |
15,259
-1,062
| -7% | -$408K |
2026 Q1
2 quarters
|
|
797
Algonquin Power & Utilities
AQN
$4.29B
| $5.73M | 0.01% |
1,140,641
+158,318
| +16% | +$891K |
2017 Q4
35 quarters
|
|
798
Curtiss-Wright
CW
$17.4B
| $5.71M | 0.01% |
10,508
+457
| +5% | +$301K |
2025 Q3
4 quarters
|
|
799
MGIC Investment
MTG
$5.54B
| $5.67M | 0.01% |
219,605
-19,206
| -8% | -$573K |
2022 Q2
17 quarters
|
|
800
Teleflex
TFX
$6.2B
| $5.66M | 0.01% |
45,272
+43,518
| +2,481% | +$5.81M |
2019 Q4
27 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.