Jarislowsky, Fraser Ltd
- SEC CIK
- 0001123778
- Latest filing
- Oct 21, 2025
Holdings changes from Q1 2021 to Q2 2021
Long positions only; new, added, reduced and sold out are based on share counts. Pick any two quarters this institution filed.
- New
- 21
- Est. +$108.0M
- Added
- 69
- Est. +$1.04B
- Reduced
- 109
- Est. −$1.43B
- Sold out
- 9
- Est. −$16.0M
Portfolio value went from $20.3B to $21.4B (+$1.11B (+5.5%)); positions from 216 to 228 (+12).
All Q2 2021 holdingsAll Q1 2021 holdings
In the shares, value and % of portfolio columns, the top figure is Q2 2021 and the gray one below is Q1 2021. For stocks that split between the two quarters, Q1 2021 shares are converted at the split ratio before comparing.
| Security | Action | Shares | Share change | Value | Est. bought or sold | % of portfolio | Weight change (pp) |
|---|---|---|---|---|---|---|---|
| CNICanadian National Railway Co | AddedHistory | 12,161,57110,667,552 | +1,494,019+14.0% | $1.28B$1.24B | +$157.8M | 6.0%6.1% | −0.10 |
| BAMBrookfield Asset Management Ltd. | ReducedHistory | 24,456,63124,898,522 | −441,891−1.8% | $1.25B$1.11B | −$22.6M | 5.8%5.5% | +0.38 |
| BNSBank of Nova Scotia | ReducedHistory | 15,947,99016,939,225 | −991,235−5.9% | $1.04B$1.06B | −$64.5M | 4.9%5.2% | −0.37 |
| OTEXOpen Text Corp | AddedHistory | 17,940,14116,333,691 | +1,606,450+9.8% | $912.0M$778.7M | +$81.7M | 4.3%3.8% | +0.42 |
| SHOPShopify Inc. | AddedHistory | 594,140428,198 | +165,942+38.8% | $869.8M$472.7M | +$242.9M | 4.1%2.3% | +1.74 |
| MFCManulife Financial Corp | ReducedHistory | 41,673,19742,387,867 | −714,670−1.7% | $821.1M$911.6M | −$14.1M | 3.8%4.5% | −0.66 |
| TRIThomson Reuters Corp | ReducedHistory | 8,194,7008,347,224 | −152,524−1.8% | $814.8M$731.1M | −$15.2M | 3.8%3.6% | +0.20 |
| NTRNutrien Ltd. | ReducedHistory | 12,821,02513,047,005 | −225,980−1.7% | $777.7M$702.8M | −$13.7M | 3.6%3.5% | +0.17 |
| MGAMagna International Inc | ReducedHistory | 8,378,7528,403,679 | −24,927−0.3% | $776.6M$740.0M | −$2.31M | 3.6%3.7% | −0.02 |
| GIBCgi Inc | ReducedHistory | 8,082,5668,258,388 | −175,822−2.1% | $733.6M$687.8M | −$16.0M | 3.4%3.4% | +0.04 |
| GILGildan Activewear Inc. | ReducedHistory | 17,319,74817,650,340 | −330,592−1.9% | $639.8M$540.1M | −$12.2M | 3.0%2.7% | +0.33 |
| QSRRestaurant Brands International Inc. | ReducedHistory | 9,616,2899,788,163 | −171,874−1.8% | $620.2M$636.5M | −$11.1M | 2.9%3.1% | −0.24 |
| TDToronto Dominion Bank | ReducedHistory | 8,619,54311,003,980 | −2,384,437−21.7% | $604.7M$717.6M | −$167.3M | 2.8%3.5% | −0.71 |
| MSFTMicrosoft Corp | AddedHistory | 2,174,7332,150,066 | +24,667+1.1% | $589.1M$506.9M | +$6.68M | 2.8%2.5% | +0.25 |
| STNStantec Inc | ReducedHistory | 12,163,29112,379,807 | −216,516−1.7% | $543.3M$529.9M | −$9.67M | 2.5%2.6% | −0.07 |
| ENBEnbridge Inc | ReducedHistory | 12,754,19626,432,139 | −13,677,943−51.7% | $511.2M$962.8M | −$548.2M | 2.4%4.8% | −2.36 |
| CAECae Inc | ReducedHistory | 15,173,24420,585,613 | −5,412,369−26.3% | $467.8M$586.5M | −$166.9M | 2.2%2.9% | −0.71 |
| FNVFranco Nevada Corp | AddedHistory | 2,703,8471,151,063 | +1,552,784+134.9% | $392.8M$144.2M | +$225.6M | 1.8%0.7% | +1.13 |
| DSGXDescartes Systems Group Inc | AddedHistory | 4,772,7014,718,441 | +54,260+1.1% | $330.4M$287.8M | +$3.76M | 1.5%1.4% | +0.13 |
| AMZNAmazon Com Inc | AddedHistory | 91,98767,646 | +24,341+36.0% | $316.4M$209.3M | +$83.7M | 1.5%1.0% | +0.45 |
| UNHUnitedHealth Group Inc | AddedHistory | 771,412764,699 | +6,713+0.9% | $308.9M$284.5M | +$2.69M | 1.4%1.4% | +0.04 |
| METAMeta Platforms, Inc. | AddedHistory | 801,970782,438 | +19,532+2.5% | $278.9M$230.5M | +$6.79M | 1.3%1.1% | +0.17 |
| ABTAbbott Laboratories | AddedHistory | 2,296,7872,276,880 | +19,907+0.9% | $266.3M$272.9M | +$2.31M | 1.2%1.3% | −0.10 |
| GOOGLAlphabet Inc. | AddedHistory | 107,459105,453 | +2,006+1.9% | $262.4M$217.5M | +$4.90M | 1.2%1.1% | +0.15 |
| JPMJPMorgan Chase & Co | ReducedHistory | 1,623,0681,635,155 | −12,087−0.7% | $252.5M$248.9M | −$1.88M | 1.2%1.2% | −0.05 |
| MAMastercard Inc | AddedHistory | 688,746677,524 | +11,222+1.7% | $251.5M$241.2M | +$4.10M | 1.2%1.2% | −0.01 |
| RYRoyal Bank of Canada | AddedHistory | 2,392,7942,346,726 | +46,068+2.0% | $242.7M$216.3M | +$4.67M | 1.1%1.1% | +0.07 |
| GOOGAlphabet Inc. | ReducedHistory | 95,58095,867 | −287−0.3% | $239.6M$198.3M | −$719.3K | 1.1%1.0% | +0.14 |
| BDXBecton Dickinson & Co | AddedHistory | 965,462943,794 | +21,668+2.3% | $234.8M$229.5M | +$5.27M | 1.1%1.1% | −0.03 |
| FISVFiserv Inc | AddedHistory | 2,108,1252,099,310 | +8,815+0.4% | $225.3M$249.9M | +$942.2K | 1.1%1.2% | −0.18 |
| PEPPepsiCo Inc | AddedHistory | 1,456,2591,437,522 | +18,737+1.3% | $215.8M$203.3M | +$2.78M | 1.0%1.0% | +0.01 |
| ORCLOracle Corp | ReducedHistory | 2,548,9063,335,196 | −786,290−23.6% | $198.4M$234.0M | −$61.2M | 0.9%1.2% | −0.23 |
| BSXBoston Scientific Corp | ReducedHistory | 4,503,6794,505,116 | −1,4370.0% | $192.6M$174.1M | −$61.4K | 0.9%0.9% | +0.04 |
| IQVIQVIA Holdings Inc. | ReducedHistory | 792,610802,004 | −9,394−1.2% | $192.1M$154.9M | −$2.28M | 0.9%0.8% | +0.13 |
| CPRTCopart Inc | AddedHistory | 1,452,8701,398,615 | +54,255+3.9% | $191.5M$151.9M | +$7.15M | 0.9%0.7% | +0.15 |
| VRSKVerisk Analytics, Inc. | AddedHistory | 1,046,1661,015,693 | +30,473+3.0% | $182.8M$179.5M | +$5.32M | 0.9%0.9% | −0.03 |
| DEODiageo PLC | AddedHistory | 780,403766,193 | +14,210+1.9% | $149.6M$125.8M | +$2.72M | 0.7%0.6% | +0.08 |
| JNJJohnson & Johnson | ReducedHistory | 878,938914,039 | −35,101−3.8% | $144.8M$150.2M | −$5.78M | 0.7%0.7% | −0.06 |
| CBChubb Ltd | AddedHistory | 798,573738,573 | +60,000+8.1% | $126.9M$116.7M | +$9.54M | 0.6%0.6% | +0.02 |
| BRK.BBerkshire Hathaway Inc | ReducedHistory | 441,575546,212 | −104,637−19.2% | $122.7M$139.5M | −$29.1M | 0.6%0.7% | −0.11 |
| BKNGBooking Holdings Inc. | AddedHistory | 52,91350,145 | +2,768+5.5% | $115.8M$116.8M | +$6.06M | 0.5%0.6% | −0.03 |
| IBKRInteractive Brokers Group, Inc. | AddedHistory | 1,746,8551,612,832 | +134,023+8.3% | $114.8M$117.8M | +$8.81M | 0.5%0.6% | −0.04 |
| PGProcter & Gamble Co | ReducedHistory | 849,197902,315 | −53,118−5.9% | $114.6M$122.2M | −$7.17M | 0.5%0.6% | −0.07 |
| BABAAlibaba Group Holding Ltd | AddedHistory | 487,308426,212 | +61,096+14.3% | $110.5M$96.6M | +$13.9M | 0.5%0.5% | +0.04 |
| SHWSherwin Williams Co | AddedConverted for a 3-for-1 splitHistory | 396,273334,764 | +61,509+18.4% | $108.0M$83.3M | +$16.8M | 0.5%0.4% | +0.09 |
| GWREGuidewire Software, Inc. | AddedHistory | 872,447282,473 | +589,974+208.9% | $98.3M$28.7M | +$66.5M | 0.5%0.1% | +0.32 |
| TJXTJX Companies Inc | ReducedHistory | 1,335,7851,832,643 | −496,858−27.1% | $90.1M$121.2M | −$33.5M | 0.4%0.6% | −0.18 |
| OZKBank OZK | ReducedHistory | 2,099,1122,141,440 | −42,328−2.0% | $88.5M$87.5M | −$1.78M | 0.4%0.4% | −0.02 |
| HDBHDFC Bank Ltd | AddedHistory | 1,145,4601,118,509 | +26,951+2.4% | $83.8M$86.9M | +$1.97M | 0.4%0.4% | −0.04 |
| CMCSAComcast Corp | ReducedHistory | 1,406,5312,624,986 | −1,218,455−46.4% | $80.2M$142.0M | −$69.5M | 0.4%0.7% | −0.33 |
| CLColgate Palmolive Co | ReducedHistory | 953,4111,033,477 | −80,066−7.7% | $77.6M$81.5M | −$6.51M | 0.4%0.4% | −0.04 |
| AFGAmerican Financial Group Inc | ReducedHistory | 598,473603,931 | −5,458−0.9% | $74.6M$68.9M | −$680.7K | 0.3%0.3% | +0.01 |
| MDLZMondelez International, Inc. | AddedHistory | 1,165,9751,153,803 | +12,172+1.1% | $72.8M$67.5M | +$760.0K | 0.3%0.3% | +0.01 |
| LCIILci Industries | AddedHistory | 520,084469,254 | +50,830+10.8% | $68.3M$62.1M | +$6.68M | 0.3%0.3% | +0.01 |
| CTSHCognizant Technology Solutions Corp | AddedHistory | 836,072832,628 | +3,444+0.4% | $57.9M$65.0M | +$238.5K | 0.3%0.3% | −0.05 |
| CACCCredit Acceptance Corp | AddedHistory | 121,638119,035 | +2,603+2.2% | $55.2M$42.9M | +$1.18M | 0.3%0.2% | +0.05 |
| BERYBerry Global Group, Inc. | ReducedHistory | 798,869815,225 | −16,356−2.0% | $52.1M$50.1M | −$1.07M | 0.2%0.2% | 0.00 |
| BAXBaxter International Inc | AddedHistory | 640,280630,454 | +9,826+1.6% | $51.5M$53.2M | +$791.0K | 0.2%0.3% | −0.02 |
| MNSTMonster Beverage Corp | NewHistory | 549,2230 | +549,223 | $50.2M$0 | +$50.2M | 0.2%0.0% | +0.23 |
| ULUnilever PLC | AddedHistory | 814,421792,677 | +21,744+2.7% | $47.6M$44.3M | +$1.27M | 0.2%0.2% | 0.00 |
| SFBSServisFirst Bancshares, Inc. | AddedHistory | 690,305682,108 | +8,197+1.2% | $46.9M$41.8M | +$557.2K | 0.2%0.2% | +0.01 |
| RELXRELX PLC | ReducedHistory | 1,590,1061,662,040 | −71,934−4.3% | $42.4M$41.8M | −$1.92M | 0.2%0.2% | −0.01 |
| COSTCostco Wholesale Corp | ReducedHistory | 103,264108,451 | −5,187−4.8% | $40.9M$38.2M | −$2.05M | 0.2%0.2% | 0.00 |
| SAPSAP SE | ReducedHistory | 287,364288,003 | −639−0.2% | $40.4M$35.4M | −$89.8K | 0.2%0.2% | +0.01 |
| TSMTaiwan Semiconductor Manufacturing Co Ltd | AddedHistory | 316,275290,411 | +25,864+8.9% | $38.0M$34.3M | +$3.11M | 0.2%0.2% | +0.01 |
| MMM3M Co | ReducedHistory | 179,981211,833 | −31,852−15.0% | $35.7M$40.8M | −$6.33M | 0.2%0.2% | −0.03 |
| Cyberark Software LtdM2682V108 | New– | 274,3190 | +274,319 | $35.7M$0 | +$35.7M | 0.2%0.0% | +0.17 |
| TRPTC Energy Corp | ReducedHistory | 684,408796,030 | −111,622−14.0% | $33.9M$36.5M | −$5.53M | 0.2%0.2% | −0.02 |
| HLTHilton Worldwide Holdings Inc. | AddedHistory | 256,913253,293 | +3,620+1.4% | $31.0M$30.6M | +$436.6K | 0.1%0.2% | −0.01 |
| PGRProgressive Corp | AddedHistory | 314,7493,152 | +311,597+9,885.7% | $30.9M$301.0K | +$30.6M | 0.1%<0.1% | +0.14 |
| ADPAutomatic Data Processing Inc | ReducedHistory | 152,431161,468 | −9,037−5.6% | $30.3M$30.4M | −$1.79M | 0.1%0.2% | −0.01 |
| XOMExxonMobil Holdings Corp | ReducedHistory | 462,350521,507 | −59,157−11.3% | $29.2M$29.1M | −$3.73M | 0.1%0.1% | −0.01 |
| NVSNovartis AG | ReducedHistory | 314,922438,936 | −124,014−28.3% | $28.7M$37.5M | −$11.3M | 0.1%0.2% | −0.05 |
| PBAPembina Pipeline Corp | ReducedHistory | 871,0531,136,005 | −264,952−23.3% | $27.7M$32.8M | −$8.43M | 0.1%0.2% | −0.03 |
| USBUS Bancorp DE | ReducedHistory | 429,917531,390 | −101,473−19.1% | $24.5M$29.4M | −$5.78M | 0.1%0.1% | −0.03 |
| PFEPfizer Inc | ReducedHistory | 594,116610,863 | −16,747−2.7% | $23.3M$22.1M | −$655.8K | 0.1%0.1% | 0.00 |
| ZTSZoetis Inc. | ReducedHistory | 120,987122,571 | −1,584−1.3% | $22.5M$19.3M | −$295.2K | 0.1%0.1% | +0.01 |
| ABBVAbbVie Inc. | ReducedHistory | 184,226189,721 | −5,495−2.9% | $20.8M$20.5M | −$619.0K | 0.1%0.1% | 0.00 |
| SPYSPDR S&P 500 ETF Trust | AddedHistory | 47,70434,297 | +13,407+39.1% | $20.4M$13.6M | +$5.74M | 0.1%0.1% | +0.03 |
| TYLTyler Technologies Inc | ReducedHistory | 43,62344,974 | −1,351−3.0% | $19.7M$19.1M | −$611.1K | 0.1%0.1% | 0.00 |
| EOGEOG Resources Inc | ReducedHistory | 223,310764,634 | −541,324−70.8% | $18.6M$55.5M | −$45.2M | 0.1%0.3% | −0.19 |
| ASMLASML Holding NV | AddedHistory | 26,10425,873 | +231+0.9% | $18.0M$16.0M | +$159.6K | 0.1%0.1% | +0.01 |
| NKENIKE, Inc. | ReducedHistory | 113,172115,788 | −2,616−2.3% | $17.5M$15.4M | −$404.1K | 0.1%0.1% | +0.01 |
| CIGIColliers International Group Inc. | UnchangedHistory | 154,185154,185 | 00.0% | $17.3M$15.1M | $0 | 0.1%0.1% | +0.01 |
| LLYEli Lilly & Co | ReducedHistory | 73,89190,021 | −16,130−17.9% | $17.0M$16.8M | −$3.70M | 0.1%0.1% | 0.00 |
| CVXChevron Corp | ReducedHistory | 148,902165,392 | −16,490−10.0% | $15.6M$17.3M | −$1.73M | 0.1%0.1% | −0.01 |
| ALCAlcon Inc | AddedHistory | 217,093177,660 | +39,433+22.2% | $15.3M$12.5M | +$2.77M | 0.1%0.1% | +0.01 |
| CVSCVS Health Corp | ReducedHistory | 178,764216,872 | −38,108−17.6% | $14.9M$16.3M | −$3.18M | 0.1%0.1% | −0.01 |
| BMOBank of Montreal | ReducedHistory | 143,450147,002 | −3,552−2.4% | $14.7M$13.1M | −$364.5K | 0.1%0.1% | 0.00 |
| ZBHZimmer Biomet Holdings, Inc. | ReducedHistory | 82,49585,795 | −3,300−3.8% | $13.3M$13.7M | −$530.7K | 0.1%0.1% | −0.01 |
| BCEBce Inc | ReducedHistory | 266,839274,082 | −7,243−2.6% | $13.2M$12.4M | −$357.5K | 0.1%0.1% | 0.00 |
| KMBKimberly Clark Corp | ReducedHistory | 96,985107,993 | −11,008−10.2% | $13.0M$15.0M | −$1.47M | 0.1%0.1% | −0.01 |
| SLFSun Life Financial Inc | ReducedHistory | 249,396259,747 | −10,351−4.0% | $12.9M$13.1M | −$534.3K | 0.1%0.1% | 0.00 |
| 51JOB Inc316827104 | Added– | 163,683150,096 | +13,587+9.1% | $12.7M$9.40M | +$1.06M | 0.1%<0.1% | +0.01 |
| AAPLApple Inc. | AddedHistory | 90,33167,129 | +23,202+34.6% | $12.4M$8.20M | +$3.18M | 0.1%<0.1% | +0.02 |
| EMREmerson Electric Co | ReducedHistory | 125,364149,094 | −23,730−15.9% | $12.1M$13.5M | −$2.28M | 0.1%0.1% | −0.01 |
| TUTelus Corp | ReducedHistory | 498,333612,753 | −114,420−18.7% | $11.2M$12.2M | −$2.57M | 0.1%0.1% | −0.01 |
| WFCWells Fargo & Company | ReducedHistory | 235,413267,755 | −32,342−12.1% | $10.7M$10.5M | −$1.46M | <0.1%0.1% | 0.00 |
| SUSuncor Energy Inc | ReducedHistory | 423,300580,111 | −156,811−27.0% | $10.1M$12.1M | −$3.76M | <0.1%0.1% | −0.01 |
| YUMCYum China Holdings, Inc. | AddedHistory | 147,870130,723 | +17,147+13.1% | $9.80M$7.74M | +$1.14M | <0.1%<0.1% | +0.01 |
Estimated amounts multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares): new positions use this quarter's value and sold-out positions last quarter's; positions reported only as principal (PRN) cannot be estimated. 13F shows only quarter-end holdings, not when trades happened or at what price.