We are live on
!
Find out more
Mackenzie Financial Portfolio holdings
AUM
$83.3B
1-Year Est. Return
31.19%
This Fund
S&P 500
This Quarter
Est. Return
+0.84%
1 Year Est. Return
+31.19%
3 Year Est. Return
+75.49%
5 Year Est. Return
+99.03%
10 Year Est. Return
+295.58%
AUM
$70.3B
AUM Growth
-$3.06B
(-4.2%)
Cap. Flow
-$2.16B
Cap. Flow
% of AUM
-3.07%
Top 10 Holdings %
Top 10 Hldgs %
21.69%
Holding
1,836
New
146
Increased
817
Reduced
556
Closed
170
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Zoetis
ZTS
|
+$296M |
| 2 |
Automatic Data Processing
ADP
|
+$269M |
| 3 |
Gilead Sciences
GILD
|
+$200M |
| 4 |
Shopify
SHOP
|
+$155M |
| 5 |
Medtronic
MDT
|
+$149M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Telus
TU
|
+$238M |
| 2 |
Accenture
ACN
|
+$220M |
| 3 |
Bank of Montreal
BMO
|
+$202M |
| 4 |
Cadence Design Systems
CDNS
|
+$200M |
| 5 |
Amazon
AMZN
|
+$172M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 22.15% |
| 2 | Technology | 20.13% |
| 3 | Industrials | 11.13% |
| 4 | Healthcare | 9.6% |
| 5 | Energy | 8.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Royal Bank of Canada
RY
$292B
| $2.61B | 3.72% |
23,198,680
-75,914
| -0.3% | -$8.94M |
|
2
Microsoft
MSFT
$3.35T
| $2.04B | 2.9% |
5,424,255
-255,816
| -5% | -$104M |
|
3
Apple
AAPL
$4.9T
| $1.94B | 2.76% |
8,738,019
-251,737
| -3% | -$58.3M |
|
4
State Street SPDR S&P 500 ETF Trust
SPY
$784B
| $1.79B | 2.55% |
3,204,654
-164,331
| -5% | -$96.6M |
|
5
Toronto Dominion Bank
TD
$198B
| $1.75B | 2.49% |
29,252,736
+1,262,062
| +5% | +$73.5M |
|
6
Canadian Pacific Kansas City
CP
$78.3B
| $1.15B | 1.63% |
16,347,804
+999,522
| +7% | +$76M |
|
|
7
Amazon
AMZN
$2.53T
| $1.05B | 1.49% |
5,519,084
-791,283
| -13% | -$172M |
|
8
Canadian Natural Resources
CNQ
$98.6B
| $1.02B | 1.45% |
33,100,240
+1,519,523
| +5% | +$46.1M |
|
|
9
Bank of Montreal
BMO
$125B
| $971M | 1.38% |
10,169,333
-2,046,295
| -17% | -$202M |
|
10
Agnico Eagle Mines
AEM
$75.4B
| $934M | 1.33% |
8,617,626
-40,979
| -0.5% | -$3.92M |
|
|
WCN
11
Waste Connections
WCN
$41.9B
| $892M | 1.27% |
4,575,547
+250,684
| +6% | +$46.4M |
|
12
Alphabet (Google) Class A
GOOGL
$4.08T
| $880M | 1.25% |
5,693,327
-47,465
| -0.8% | -$8.61M |
|
13
NVIDIA
NVDA
$4.72T
| $873M | 1.24% |
8,052,365
-1,104,676
| -12% | -$140M |
|
14
Brookfield
BN
$103B
| $841M | 1.2% |
24,104,015
-1,005,280
| -4% | -$38M |
|
15
Canadian National Railway
CNI
$76.9B
| $834M | 1.19% |
8,571,806
+505,588
| +6% | +$51.1M |
|
|
16
Shopify
SHOP
$159B
| $823M | 1.17% |
8,648,734
+1,426,406
| +20% | +$155M |
|
17
Enbridge
ENB
$121B
| $810M | 1.15% |
18,301,835
-579,150
| -3% | -$25.2M |
|
18
Manulife Financial
MFC
$74B
| $769M | 1.09% |
24,669,585
+55,169
| +0.2% | +$1.67M |
|
19
Scotiabank
BNS
$107B
| $719M | 1.02% |
15,158,112
+374,487
| +3% | +$18.8M |
|
20
Sun Life Financial
SLF
$45.9B
| $693M | 0.98% |
12,102,412
-845,525
| -7% | -$48.2M |
|
21
Roper Technologies
ROP
$38.5B
| $683M | 0.97% |
1,158,230
-6,823
| -0.6% | -$3.83M |
|
22
Meta Platforms (Facebook)
META
$1.37T
| $671M | 0.95% |
1,164,674
-157,323
| -12% | -$102M |
|
23
JPMorgan Chase
JPM
$933B
| $638M | 0.91% |
2,600,651
-46,312
| -2% | -$11.8M |
|
24
TC Energy
TRP
$70.9B
| $625M | 0.89% |
13,239,669
+945,708
| +8% | +$44.1M |
|
25
Suncor Energy
SU
$78.8B
| $595M | 0.85% |
15,377,546
+2,410,857
| +19% | +$92M |
|
Similar funds
Mackenzie Financial's Q1 2025 Portfolio in Review
As of Q1 2025, Mackenzie Financial held 1,836 positions worth $70.3B, down 4.2% from $73.4B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Mackenzie Financial withdrew a net $2.16B in Q1 2025, closing 170 positions and reducing 556 holdings. Its most notable exit was Ryanair, an estimated $79.4M position sold in full.
By sector, the portfolio is most concentrated in Financials at 22% of assets, up from 22% a quarter earlier, followed by Technology and Industrials.
Against the trend, Mackenzie Financial opened a new position in HEICO Corp worth $40.9M.
- Mackenzie Financial's largest Q1 2025 buy was HEICO Corp: 153,259 shares worth $40.9M.
- Mackenzie Financial added most to Zoetis in Q1 2025, an estimated $296M increase.
- Mackenzie Financial's biggest Q1 2025 reduction was Telus, cutting an estimated $238M.
- Mackenzie Financial fully exited Ryanair in Q1 2025, selling an estimated $79.4M.
- Mackenzie Financial's ten largest holdings make up 22% of its $70.3B portfolio in Q1 2025.
- Mackenzie Financial opened 146 new positions and closed 170 in Q1 2025.
- Mackenzie Financial's portfolio value fell 4.2% quarter-over-quarter to $70.3B.
Based on Mackenzie Financial's 13F filing for Q1 2025, filed 7 May 2025.