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Jarislowsky, Fraser Ltd

SEC CIK
0001123778
Latest filing
Oct 21, 2025

Holdings in Q1 2022

Holdings as of Mar 31, 2022, filed May 12, 2022. Long positions only; changes compare share counts with Q4 2021.

Institution overview
Positions
208
−10 vs. Q4 2021
Portfolio value
$18.8B
−$2.71B (−12.6%) vs. Q4 2021
Filed
May 12, 2022
SEC
Holdings of Jarislowsky, Fraser Ltd in Q1 2022
SecurityClassSharesValue% of portfolioShare changeActionHistory
CNICanadian National Railway CoStock10,656,631$1.43B7.6%−1,356,500−11.3%ReducedHistory
BAMBrookfield Asset Management Ltd.CL A LTD VT SH20,876,272$1.18B6.3%−2,581,465−11.0%ReducedHistory
BNSBank of Nova ScotiaCOM14,618,538$1.05B5.6%−2,339,235−13.8%ReducedHistory
SHOPShopify Inc.Stock1,146,154$775.8M4.1%+577,264+101.5%AddedHistory
TRIThomson Reuters CorpCOM NEW6,596,481$716.8M3.8%−746,486−10.2%ReducedHistory
OTEXOpen Text CorpCOM15,309,077$649.7M3.5%−1,824,447−10.6%ReducedHistory
MSFTMicrosoft CorpStock2,001,841$617.2M3.3%−42,526−2.1%ReducedHistory
QSRRestaurant Brands International Inc.COM10,360,709$605.9M3.2%−1,267,856−10.9%ReducedHistory
GIBCgi IncCL A7,357,534$586.6M3.1%−913,615−11.0%ReducedHistory
MFCManulife Financial CorpCOM26,112,645$557.4M3.0%−13,518,998−34.1%ReducedHistory
GILGildan Activewear Inc.Stock14,360,551$539.1M2.9%−2,139,668−13.0%ReducedHistory
STNStantec IncCOM10,067,744$505.5M2.7%−1,323,430−11.6%ReducedHistory
FNVFranco Nevada CorpStock2,908,551$463.3M2.5%+268,051+10.2%AddedHistory
MGAMagna International IncCOM7,194,788$462.3M2.5%−870,548−10.8%ReducedHistory
UNHUnitedHealth Group IncStock745,934$380.4M2.0%−3,569−0.5%ReducedHistory
AMZNAmazon Com IncStock107,328$349.9M1.9%+9,862+10.1%AddedHistory
DSGXDescartes Systems Group IncCOM4,705,369$344.8M1.8%−47,374−1.0%ReducedHistory
CAECae IncCOM12,343,033$321.6M1.7%−1,835,134−12.9%ReducedHistory
MAMastercard IncStock782,555$279.7M1.5%−7,025−0.9%ReducedHistory
ABTAbbott LaboratoriesStock2,353,077$278.5M1.5%+101,994+4.5%AddedHistory
GOOGLAlphabet Inc.Stock99,294$276.2M1.5%−4,691−4.5%ReducedHistory
RYRoyal Bank of CanadaStock2,423,320$267.0M1.4%−26,947−1.1%ReducedHistory
BDXBecton Dickinson & CoStock932,448$248.0M1.3%−26,992−2.8%ReducedHistory
CIGIColliers International Group Inc.SUB VTG SHS1,879,937$245.2M1.3%+1,609,201+594.4%AddedHistory
GOOGAlphabet Inc.Stock87,433$244.2M1.3%−1,241−1.4%ReducedHistory
FISVFiserv IncStock2,213,742$224.5M1.2%−16,764−0.8%ReducedHistory
VRSKVerisk Analytics, Inc.COM938,051$201.3M1.1%−69,899−6.9%ReducedHistory
BSXBoston Scientific CorpStock4,378,200$193.9M1.0%−55,074−1.2%ReducedHistory
METAMeta Platforms, Inc.Stock868,547$193.1M1.0%+123,827+16.6%AddedHistory
PEPPepsiCo IncStock1,139,128$190.7M1.0%−298,395−20.8%ReducedHistory
IQVIQVIA Holdings Inc.Stock763,211$176.5M0.9%−11,576−1.5%ReducedHistory
TDToronto Dominion BankStock2,218,829$176.2M0.9%−169,376−7.1%ReducedHistory
JPMJPMorgan Chase & CoStock1,235,071$168.4M0.9%−175,076−12.4%ReducedHistory
CPRTCopart IncCOM1,330,619$167.0M0.9%−13,670−1.0%ReducedHistory
CBChubb LtdStock754,436$161.4M0.9%−100,335−11.7%ReducedHistory
IBKRInteractive Brokers Group, Inc.Stock2,345,683$154.6M0.8%+128,517+5.8%AddedHistory
DEODiageo PLCSPON ADR NEW752,902$152.9M0.8%−28,370−3.6%ReducedHistory
ORCLOracle CorpStock1,811,567$149.9M0.8%−170,803−8.6%ReducedHistory
JNJJohnson & JohnsonStock778,447$138.0M0.7%−29,168−3.6%ReducedHistory
GWREGuidewire Software, Inc.COM1,376,447$130.2M0.7%+342,391+33.1%AddedHistory
RBARB Global Inc.COM2,100,504$124.2M0.7%+2,100,504NewHistory
BKNGBooking Holdings Inc.Stock51,124$120.1M0.6%−2,553−4.8%ReducedHistory
ENBEnbridge IncStock2,599,225$119.8M0.6%−223,054−7.9%ReducedHistory
PGProcter & Gamble CoStock745,027$113.8M0.6%−28,111−3.6%ReducedHistory
SHWSherwin Williams CoCOM437,320$109.2M0.6%+9,655+2.3%AddedHistory
NTRNutrien Ltd.COM1,023,035$105.8M0.6%−11,186,110−91.6%ReducedHistory
BRK.BBerkshire Hathaway IncStock280,168$98.9M0.5%−18,135−6.1%ReducedHistory
DHRDanaher CorpStock294,213$86.3M0.5%+292,883+22,021.3%AddedHistory
AMEAmetek IncCOM644,199$85.8M0.5%+32,167+5.3%AddedHistory
OZKBank OZKCOM1,993,895$85.1M0.5%−25,647−1.3%ReducedHistory
HDBHDFC Bank LtdSPONSORED ADS1,347,517$82.6M0.4%+38,264+2.9%AddedHistory
TJXTJX Companies IncStock1,209,433$73.3M0.4%−9,386−0.8%ReducedHistory
AFGAmerican Financial Group IncCOM459,272$66.9M0.4%−66,742−12.7%ReducedHistory
MDLZMondelez International, Inc.Stock1,043,848$65.5M0.3%−15,335−1.4%ReducedHistory
LCIILci IndustriesCOM612,960$63.6M0.3%−4,575−0.7%ReducedHistory
CLColgate Palmolive CoStock823,914$62.5M0.3%−35,996−4.2%ReducedHistory
CTSHCognizant Technology Solutions CorpCL A642,919$57.6M0.3%−101,205−13.6%ReducedHistory
MNSTMonster Beverage CorpCOM706,743$56.5M0.3%−7,707−1.1%ReducedHistory
COSTCostco Wholesale CorpStock87,279$50.3M0.3%−2,570−2.9%ReducedHistory
RELXRELX PLCSPONSORED ADR1,472,024$45.8M0.2%+5,343+0.4%AddedHistory
CMCSAComcast CorpStock933,284$43.7M0.2%−165,008−15.0%ReducedHistory
Cyberark Software LtdM2682V108SHS253,872$42.8M0.2%−5,197−2.0%Reduced–
PGRProgressive CorpStock365,108$41.6M0.2%−5,270−1.4%ReducedHistory
BERYBerry Global Group, Inc.COM687,014$39.8M0.2%−13,828−2.0%ReducedHistory
SFBSServisFirst Bancshares, Inc.COM414,143$39.5M0.2%−188,162−31.2%ReducedHistory
TSMTaiwan Semiconductor Manufacturing Co LtdADR377,258$39.3M0.2%+36,129+10.6%AddedHistory
ALRMAlarm.com Holdings, Inc.COM515,753$34.3M0.2%+10,677+2.1%AddedHistory
TRPTC Energy CorpCOM572,883$32.3M0.2%−32,243−5.3%ReducedHistory
ADPAutomatic Data Processing IncStock139,846$31.8M0.2%−1,350−1.0%ReducedHistory
WWayfair Inc.CL A284,736$31.5M0.2%+157,694+124.1%AddedHistory
SAMBoston Beer Co IncCL A73,596$28.6M0.2%+73,596NewHistory
CACCCredit Acceptance CorpCOM48,959$26.9M0.1%−961−1.9%ReducedHistory
XOMExxonMobil Holdings CorpCOM322,908$26.7M0.1%−50,544−13.5%ReducedHistory
PFEPfizer IncStock503,492$26.1M0.1%−22,169−4.2%ReducedHistory
SAPSAP SEADR233,287$25.9M0.1%−24,353−9.5%ReducedHistory
ULUnilever PLCSPON ADR NEW552,018$25.2M0.1%−28,598−4.9%ReducedHistory
ABBVAbbVie Inc.Stock152,261$24.7M0.1%−2,825−1.8%ReducedHistory
PBAPembina Pipeline CorpCOM594,206$22.3M0.1%−74,614−11.2%ReducedHistory
SPYSPDR S&P 500 ETF TrustETF47,338$21.4M0.1%−116−0.2%ReducedHistory
ASMLASML Holding NVADR30,557$20.4M0.1%−1,093−3.5%ReducedHistory
ALCAlcon IncStock254,789$20.2M0.1%+12,767+5.3%AddedHistory
MMM3M CoStock128,419$19.1M0.1%−14,115−9.9%ReducedHistory
ZTSZoetis Inc.Stock100,380$18.9M0.1%−16,235−13.9%ReducedHistory
LLYEli Lilly & CoStock61,963$17.7M0.1%−1,000−1.6%ReducedHistory
BMOBank of MontrealCOM144,403$17.0M0.1%−1,551−1.1%ReducedHistory
SLFSun Life Financial IncCOM277,723$15.5M0.1%+280.0%AddedHistory
CVXChevron CorpStock95,205$15.5M0.1%−13,951−12.8%ReducedHistory
CVSCVS Health CorpStock134,419$13.6M0.1%−3,125−2.3%ReducedHistory
NKENIKE, Inc.Stock99,876$13.4M0.1%−7,286−6.8%ReducedHistory
BCEBce IncCOM NEW240,832$13.4M0.1%−5,917−2.4%ReducedHistory
USBUS Bancorp DECOM NEW249,085$13.2M0.1%−57,229−18.7%ReducedHistory
AAPLApple Inc.Stock75,723$13.2M0.1%+493+0.7%AddedHistory
TUTelus CorpCOM487,682$12.8M0.1%−2,984−0.6%ReducedHistory
NVSNovartis AGADR130,605$11.5M0.1%−86,301−39.8%ReducedHistory
EMREmerson Electric CoStock106,305$10.4M0.1%−1,675−1.6%ReducedHistory
WFCWells Fargo & CompanyStock202,546$9.81M0.1%−2,653−1.3%ReducedHistory
XPXP Inc.CL A324,768$9.78M0.1%+60,327+22.8%AddedHistory
KMBKimberly Clark CorpStock77,065$9.49M0.1%−10,000−11.5%ReducedHistory
NVONovo Nordisk A SADR81,781$9.08M<0.1%−2,675−3.2%ReducedHistory
YUMCYum China Holdings, Inc.COM202,716$8.42M<0.1%+21,471+11.8%AddedHistory

Sold out since Q4 2021 (17)

Positions held at the end of Q4 2021 that are gone from this filing.

Positions of Jarislowsky, Fraser Ltd sold out since Q4 2021
SecurityClassShares in Q4 2021Value in Q4 2021% of portfolio in Q4 2021History
51JOB Inc316827104SPONSORED ADS117,380$5.74M<0.1%–
Royal Dutch Shell PLC780259206SPONS ADR A84,671$3.67M<0.1%–
TYLTyler Technologies IncCOM4,065$2.19M<0.1%History
iShares Tr4642886613 7 YR TREAS BD–$1.34M<0.1%–
Vanguard Scottsdale FDS92206C409SHRT TRM CORP BD–$1.18M<0.1%–
CAHCardinal Health IncStock8,000$411.0K<0.1%History
Vanguard Morningstar Total Stock Market ETF922908769ETF1,517$366.0K<0.1%–
NFLXNetflix IncStock510$307.0K<0.1%History
FISFidelity National Information Services, Inc.Stock2,750$300.0K<0.1%History
WPMWheaton Precious Metals Corp.COM6,348$269.0K<0.1%History
NVDANVIDIA CorpStock844$248.0K<0.1%History
WCNWaste Connections, Inc.COM1,779$239.0K<0.1%History
EWEdwards Lifesciences CorpStock1,794$232.0K<0.1%History
AOSSmith A O CorpCOM2,494$214.0K<0.1%History
EXPDExpeditors International of Washington IncCOM1,580$212.0K<0.1%History
JPMorgan Ultra-Short Income ETF46641Q837ETF4,000$201.0K<0.1%–
BBDBank BradescoSP ADR PFD NEW16,130$55.0K<0.1%History