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 | |
|---|---|---|---|---|---|---|---|
1001
InMode
INMD
$790M
| $2.3M | ﹤0.01% |
162,277
| – | – |
2023 Q1
14 quarters
|
|
1002
TD Synnex
SNX
$19.2B
| $2.28M | ﹤0.01% |
8,881
+5,398
| +155% | +$1.38M |
2021 Q1
22 quarters
|
|
1003
Varonis Systems
VRNS
$5.65B
| $2.28M | ﹤0.01% |
48,070
-1,737
| -3% | -$77.8K |
2021 Q2
21 quarters
|
|
1004
PTC Therapeutics
PTCT
$5.42B
| $2.27M | ﹤0.01% |
35,093
+3,616
| +11% | +$263K |
2024 Q2
9 quarters
|
|
1005
Prothena Corp
PRTA
$448M
| $2.27M | ﹤0.01% |
271,086
+31,187
| +13% | +$279K |
2026 Q2
1 quarter
|
|
1006
Arrowhead Research
ARWR
$6.97B
| $2.27M | ﹤0.01% |
34,683
+16,320
| +89% | +$1.32M |
2025 Q3
4 quarters
|
|
1007
Riot Platforms
RIOT
$6.86B
| $2.26M | ﹤0.01% |
111,944
+29,855
| +36% | +$628K |
2024 Q1
10 quarters
|
|
1008
Tower Semiconductor
TSEM
$18B
| $2.25M | ﹤0.01% |
9,612
-2,763
| -22% | -$626K |
2025 Q2
5 quarters
|
|
1009
International Paper
IP
$18.4B
| $2.23M | ﹤0.01% |
67,357
+25,411
| +61% | +$972K |
2017 Q4
35 quarters
|
|
1010
Zevia
ZVIA
$85.2M
| $2.22M | ﹤0.01% |
1,885,226
-785,473
| -29% | -$1.16M |
2026 Q1
2 quarters
|
|
1011
Spero Therapeutics
SPRO
$59.4M
| $2.22M | ﹤0.01% |
+1,831,254
| New | +$2.48M |
2026 Q3
0 quarters
|
|
1012
Reinsurance Group of America
RGA
$17.8B
| $2.21M | ﹤0.01% |
8,967
-627
| -7% | -$152K |
2019 Q3
28 quarters
|
|
1013
FIVE9
FIVN
$2.1B
| $2.2M | ﹤0.01% |
64,726
-19,496
| -23% | -$591K |
2025 Q1
6 quarters
|
|
1014
Guardant Health
GH
$20.9B
| $2.2M | ﹤0.01% |
+12,340
| New | +$2.02M |
2026 Q3
0 quarters
|
|
1015
Integra Resources
ITRG
$426M
| $2.19M | ﹤0.01% |
843,330
-6,670
| -0.8% | -$16.9K |
2026 Q2
1 quarter
|
|
1016
OmniAb
OABI
$744M
| $2.18M | ﹤0.01% |
439,053
-50,081
| -10% | -$171K |
2026 Q2
1 quarter
|
|
1017
John Marshall Bancorp
JMSB
$326M
| $2.18M | ﹤0.01% |
95,840
+7,637
| +9% | +$175K |
2026 Q2
1 quarter
|
|
1018
MasTec
MTZ
$15.2B
| $2.17M | ﹤0.01% |
10,165
-509
| -5% | -$143K |
2024 Q1
10 quarters
|
|
1019
iShares Core MSCI EAFE ETF
IEFA
$193B
| $2.16M | ﹤0.01% |
22,313
+3,472
| +18% | +$343K |
2017 Q4
35 quarters
|
|
1020
Brown & Brown
BRO
$23.7B
| $2.16M | ﹤0.01% |
35,405
+2,365
| +7% | +$163K |
2020 Q1
26 quarters
|
|
1021
Vontier
VNT
$5.81B
| $2.16M | ﹤0.01% |
68,649
-39,460
| -37% | -$1.25M |
2020 Q4
23 quarters
|
|
1022
Brookfield Business Corp Class A Subordinate Voting Shares
BBUC
$6.03B
| $2.14M | ﹤0.01% |
84,206
+6,314
| +8% | +$181K |
2025 Q2
5 quarters
|
|
1023
Rubrik
RBRK
$22.7B
| $2.14M | ﹤0.01% |
18,690
+9,444
| +102% | +$868K |
2026 Q2
1 quarter
|
|
1024
SBA Communications
SBAC
$19.8B
| $2.09M | ﹤0.01% |
13,032
+856
| +7% | +$155K |
2018 Q1
34 quarters
|
|
1025
Fidelity National Information Services
FIS
$15.6B
| $2.08M | ﹤0.01% |
63,156
-61,858
| -49% | -$2.51M |
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.