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 |
Toronto Dominion Bank
TD
|
+$427M |
| 2 |
Royal Bank of Canada
RY
|
+$425M |
| 3 |
Brookfield
BN
|
+$394M |
| 4 |
Scotiabank
BNS
|
+$335M |
| 5 |
Canadian Natural Resources
CNQ
|
+$269M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Melco Resorts & Entertainment
MLCO
|
+$67M |
| 2 |
American International
AIG
|
+$58.2M |
| 3 |
GameStop
GME
|
+$57.4M |
| 4 |
Citigroup
C
|
+$52.4M |
| 5 |
Helmerich & Payne
HP
|
+$49.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 25.66% |
| 2 | Energy | 12.92% |
| 3 | Industrials | 11.5% |
| 4 | Healthcare | 11.02% |
| 5 | Technology | 9.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Toronto Dominion Bank
TD
$203B
| $421M | 2.38% |
+9,809,472
| New | +$427M |
2016 Q2
0 quarters
|
|
|
2
Royal Bank of Canada
RY
$282B
| $417M | 2.36% |
+7,064,822
| New | +$425M |
2016 Q2
0 quarters
|
|
|
3
Brookfield
BN
$93.9B
| $389M | 2.2% |
32,959,251
+32,919,974
| +83,815% | +$394M |
2013 Q2
12 quarters
|
|
|
4
American International
AIG
$43B
| $352M | 1.99% |
6,662,489
-1,053,961
| -14% | -$58.2M |
2013 Q2
12 quarters
|
|
5
Johnson & Johnson
JNJ
$675B
| $341M | 1.93% |
2,810,012
+231,542
| +9% | +$26.3M |
2013 Q2
12 quarters
|
|
|
6
Citigroup
C
$206B
| $336M | 1.9% |
7,929,038
-1,184,197
| -13% | -$52.4M |
2013 Q2
12 quarters
|
|
|
7
Scotiabank
BNS
$114B
| $334M | 1.89% |
6,812,047
+6,806,933
| +133,104% | +$335M |
2013 Q2
12 quarters
|
|
8
Omnicom Group
OMC
$24.4B
| $328M | 1.85% |
4,021,970
+417,049
| +12% | +$34.7M |
2013 Q2
12 quarters
|
|
9
United Parcel Service
UPS
$95.7B
| $293M | 1.66% |
2,722,633
+243,135
| +10% | +$25.3M |
2013 Q2
12 quarters
|
|
|
10
Canadian Natural Resources
CNQ
$99.5B
| $287M | 1.62% |
+19,022,335
| New | +$269M |
2016 Q2
0 quarters
|
|
11
Oracle
ORCL
$400B
| $262M | 1.48% |
6,412,640
+2,286,324
| +55% | +$91.3M |
2013 Q2
12 quarters
|
|
12
Canadian National Railway
CNI
$76.5B
| $259M | 1.46% |
+4,390,485
| New | +$265M |
2016 Q2
0 quarters
|
|
13
Procter & Gamble
PG
$389B
| $258M | 1.46% |
3,050,896
+81,552
| +3% | +$6.69M |
2013 Q2
12 quarters
|
|
14
Manulife Financial
MFC
$73.5B
| $237M | 1.34% |
+17,359,645
| New | +$247M |
2016 Q2
0 quarters
|
|
15
Henry Schein
HSIC
$9.8B
| $206M | 1.16% |
2,969,664
-12,383
| -0.4% | -$837K |
2013 Q2
12 quarters
|
|
16
Bank of Montreal
BMO
$121B
| $202M | 1.14% |
+3,180,643
| New | +$202M |
2016 Q2
0 quarters
|
|
17
US Bancorp
USB
$94.6B
| $189M | 1.07% |
4,692,207
+214,918
| +5% | +$8.95M |
2013 Q2
12 quarters
|
|
18
Canadian Imperial Bank of Commerce
CM
$106B
| $185M | 1.04% |
+4,919,780
| New | +$192M |
2016 Q2
0 quarters
|
|
19
Danaher
DHR
$166B
| $183M | 1.04% |
3,560,912
+275,789
| +8% | +$18M |
2013 Q2
12 quarters
|
|
20
Enbridge
ENB
$107B
| $181M | 1.02% |
+4,269,918
| New | +$174M |
2016 Q2
0 quarters
|
|
21
Suncor Energy
SU
$79.4B
| $179M | 1.01% |
+6,449,569
| New | +$177M |
2016 Q2
0 quarters
|
|
22
Rogers Communications
RCI
$17.8B
| $173M | 0.98% |
+4,282,493
| New | +$166M |
2016 Q2
0 quarters
|
|
23
W.W. Grainger
GWW
$69.6B
| $173M | 0.98% |
759,733
+195,054
| +35% | +$44.5M |
2013 Q2
12 quarters
|
|
24
Cenovus Energy
CVE
$51.3B
| $169M | 0.96% |
+12,247,708
| New | +$177M |
2016 Q2
0 quarters
|
|
25
PepsiCo
PEP
$196B
| $168M | 0.95% |
1,586,501
+144,598
| +10% | +$14.9M |
2013 Q2
12 quarters
|
|
Similar funds
Mackenzie Financial's Q2 2016 Portfolio in Review
As of Q2 2016, Mackenzie Financial held 985 positions worth $17.7B, up 61% from $11B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Mackenzie Financial deployed $6.36B of net new capital in Q2 2016, opening 191 new positions and adding to 406 existing holdings. Its largest new stake was Toronto Dominion Bank: 9,809,472 shares worth $421M.
By sector, the portfolio is most concentrated in Financials at 26% of assets, up from 21% a quarter earlier, followed by Energy and Industrials.
On the sell side, the largest reduction was Melco Resorts & Entertainment, an estimated $67M trimmed.
- Mackenzie Financial's largest Q2 2016 buy was Toronto Dominion Bank: 9,809,472 shares worth $421M.
- Mackenzie Financial added most to Brookfield in Q2 2016, an estimated $394M increase.
- Mackenzie Financial's biggest Q2 2016 reduction was Melco Resorts & Entertainment, cutting an estimated $67M.
- Mackenzie Financial fully exited GameStop in Q2 2016, selling an estimated $57.4M.
- Mackenzie Financial's ten largest holdings make up 20% of its $17.7B portfolio in Q2 2016.
- Mackenzie Financial opened 191 new positions and closed 66 in Q2 2016.
- Mackenzie Financial's portfolio value rose 61% quarter-over-quarter to $17.7B.
Based on Mackenzie Financial's 13F filing for Q2 2016, filed 12 Aug 2016.