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 | |
|---|---|---|---|---|---|---|---|
1301
Avantor
AVTR
$10.7B
| $567K | ﹤0.01% |
37,689
-1,349,780
| -97% | -$18.1M |
2020 Q4
23 quarters
|
|
1302
Golub Capital BDC
GBDC
$3.31B
| $563K | ﹤0.01% |
44,599
+205
| +0.5% | +$2.64K |
2025 Q1
6 quarters
|
|
1303
MannKind Corp
MNKD
$1.35B
| $559K | ﹤0.01% |
143,302
+126,334
| +745% | +$495K |
2026 Q2
1 quarter
|
|
1304
Blue Owl Capital
OBDC
$5.47B
| $557K | ﹤0.01% |
53,054
+1,471
| +3% | +$16.4K |
2025 Q1
6 quarters
|
|
1305
Lazard
LAZ
$4.5B
| $549K | ﹤0.01% |
15,166
+1,005
| +7% | +$42K |
2023 Q1
14 quarters
|
|
1306
Foghorn Therapeutics
FHTX
$125M
| $540K | ﹤0.01% |
+151,354
| New | +$797K |
2026 Q3
0 quarters
|
|
1307
Wyndham Hotels & Resorts
WH
$5.99B
| $535K | ﹤0.01% |
7,450
+3,904
| +110% | +$289K |
2026 Q2
1 quarter
|
|
1308
Leidos
LDOS
$16.3B
| $512K | ﹤0.01% |
4,204
-10,181
| -71% | -$1.27M |
2019 Q4
27 quarters
|
|
1309
Schneider National
SNDR
$5.12B
| $510K | ﹤0.01% |
16,017
+151
| +1% | +$5.3K |
2022 Q2
17 quarters
|
|
1310
Laureate Education
LAUR
$4.83B
| $510K | ﹤0.01% |
+13,359
| New | +$501K |
2026 Q3
0 quarters
|
|
1311
Qiagen
QGEN
$10.4B
| $508K | ﹤0.01% |
11,617
-66,661
| -85% | -$2.83M |
2026 Q1
2 quarters
|
|
1312
Energizer
ENR
$1.66B
| $508K | ﹤0.01% |
+23,741
| New | +$507K |
2026 Q3
0 quarters
|
|
1313
Rogers Corp
ROG
$2.33B
| $508K | ﹤0.01% |
3,319
-1,006
| -23% | -$134K |
2026 Q2
1 quarter
|
|
1314
Ball Corp
BALL
$17.1B
| $506K | ﹤0.01% |
9,023
-1,909
| -17% | -$118K |
2018 Q3
32 quarters
|
|
1315
StepStone Group
STEP
$4B
| $502K | ﹤0.01% |
11,571
-39,648
| -77% | -$1.85M |
2024 Q4
7 quarters
|
|
1316
Qualys
QLYS
$6.38B
| $501K | ﹤0.01% |
+2,675
| New | +$450K |
2026 Q3
0 quarters
|
|
1317
Meritage Homes
MTH
$4.29B
| $497K | ﹤0.01% |
7,905
-1
| -0% | -$71 |
2021 Q3
20 quarters
|
|
1318
Victoria's Secret
VSXY
$8.76B
| $487K | ﹤0.01% |
+5,510
| New | +$463K |
2026 Q3
0 quarters
|
|
1319
PagerDuty
PD
$1.23B
| $486K | ﹤0.01% |
32,161
-12,186
| -27% | -$148K |
2023 Q4
11 quarters
|
|
1320
Boyd Gaming
BYD
$5.48B
| $485K | ﹤0.01% |
7,281
+651
| +10% | +$53K |
2022 Q4
15 quarters
|
|
1321
Affirm
AFRM
$23B
| $481K | ﹤0.01% |
6,951
-13,304
| -66% | -$1000K |
2025 Q3
4 quarters
|
|
1322
IsoEnergy Ltd
ISOU
$540M
| $479K | ﹤0.01% |
53,865
+8,239
| +18% | +$84.7K |
2025 Q3
4 quarters
|
|
1323
Baozun
BZUN
$209M
| $478K | ﹤0.01% |
+156,186
| New | +$441K |
2026 Q3
0 quarters
|
|
1324
NB Bancorp
NBBK
$970M
| $477K | ﹤0.01% |
21,579
-45,862
| -68% | -$1.02M |
2026 Q1
2 quarters
|
|
1325
Hercules Capital
HTGC
$3.04B
| $475K | ﹤0.01% |
28,237
+112
| +0.4% | +$1.88K |
2021 Q1
22 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.