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 | |
|---|---|---|---|---|---|---|---|
1226
Envista
NVST
$4.06B
| $857K | ﹤0.01% |
+36,525
| New | +$969K |
2026 Q3
0 quarters
|
|
1227
Scholastic
SCHL
$700M
| $855K | ﹤0.01% |
24,320
-5,200
| -18% | -$211K |
2025 Q3
4 quarters
|
|
1228
Highlander Silver Corp
HSLV
$904M
| $847K | ﹤0.01% |
161,777
+27,721
| +21% | +$141K |
2026 Q1
2 quarters
|
|
1229
Tempus AI
TEM
$14.5B
| $831K | ﹤0.01% |
+10,149
| New | +$613K |
2026 Q3
0 quarters
|
|
1230
Community Health Systems
CYH
$323M
| $828K | ﹤0.01% |
+289,632
| New | +$880K |
2026 Q3
0 quarters
|
|
1231
Concentra Group Holdings
CON
$5.46B
| $827K | ﹤0.01% |
24,028
-839
| -3% | -$28K |
2025 Q1
6 quarters
|
|
1232
Pebblebrook Hotel Trust
PEB
$2.46B
| $826K | ﹤0.01% |
44,021
+2,989
| +7% | +$55.2K |
2026 Q2
1 quarter
|
|
1233
Northeast Community Bancorp
NECB
$401M
| $820K | ﹤0.01% |
31,490
-9,269
| -23% | -$248K |
2025 Q4
3 quarters
|
|
1234
Twist Bioscience
TWST
$8.13B
| $813K | ﹤0.01% |
4,207
+784
| +23% | +$96.8K |
2026 Q2
1 quarter
|
|
1235
FTAI Aviation
FTAI
$19.5B
| $811K | ﹤0.01% |
4,854
-3,286
| -40% | -$673K |
2023 Q3
12 quarters
|
|
1236
Baxter International
BAX
$13.6B
| $808K | ﹤0.01% |
33,660
-104,561
| -76% | -$2.57M |
2013 Q2
53 quarters
|
|
1237
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$4.06B
| $807K | ﹤0.01% |
4,500
-300
| -6% | -$53.5K |
2020 Q4
23 quarters
|
|
1238
Alkermes
ALKS
$8.05B
| $806K | ﹤0.01% |
19,899
+10,655
| +115% | +$518K |
2023 Q1
14 quarters
|
|
1239
Arcutis Biotherapeutics
ARQT
$3.59B
| $806K | ﹤0.01% |
30,493
+1,656
| +6% | +$43.3K |
2025 Q4
3 quarters
|
|
1240
IBEX
IBEX
$738M
| $804K | ﹤0.01% |
18,581
-2,818
| -13% | -$104K |
2025 Q2
5 quarters
|
|
1241
Vanguard Morningstar Value ETF
VTV
$198B
| $800K | ﹤0.01% |
3,703
+238
| +7% | +$52.9K |
2017 Q3
36 quarters
|
|
1242
Cabaletta Bio
CABA
$313M
| $799K | ﹤0.01% |
+416,161
| New | +$1.17M |
2026 Q3
0 quarters
|
|
1243
Heartflow Inc
HTFL
$5.14B
| $789K | ﹤0.01% |
+15,869
| New | +$602K |
2026 Q3
0 quarters
|
|
1244
Exelixis
EXEL
$17.3B
| $787K | ﹤0.01% |
13,472
-613
| -4% | -$34.2K |
2023 Q2
13 quarters
|
|
1245
CleanSpark
CLSK
$1.77B
| $783K | ﹤0.01% |
60,819
+14,385
| +31% | +$188K |
2026 Q2
1 quarter
|
|
1246
Conagra Brands
CAG
$7.08B
| $777K | ﹤0.01% |
57,796
-406,483
| -88% | -$6.09M |
2019 Q4
27 quarters
|
|
1247
Collective Mining Ltd
CNL
$1.25B
| $770K | ﹤0.01% |
62,875
-22,625
| -26% | -$311K |
2025 Q2
5 quarters
|
|
1248
i-80 Gold Corp
IAUX
$1.18B
| $765K | ﹤0.01% |
461,181
+135,822
| +42% | +$216K |
2026 Q1
2 quarters
|
|
1249
Ballard Power Systems
BLDP
$530M
| $761K | ﹤0.01% |
375,899
+92,437
| +33% | +$238K |
2020 Q3
24 quarters
|
|
1250
Simpson Manufacturing
SSD
$8.18B
| $746K | ﹤0.01% |
+4,368
| New | +$812K |
2026 Q3
0 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.