Jarislowsky, Fraser Ltd
- SEC CIK
- 0001123778
- Latest filing
- Oct 21, 2025
Holdings changes from Q4 2021 to Q1 2022
Long positions only; new, added, reduced and sold out are based on share counts. Pick any two quarters this institution filed.
- New
- 7
- Est. +$157.5M
- Added
- 36
- Est. +$880.7M
- Reduced
- 141
- Est. −$2.93B
- Sold out
- 17
- Est. −$17.2M
Portfolio value went from $21.5B to $18.8B (−$2.71B (−12.6%)); positions from 218 to 208 (−10).
All Q1 2022 holdingsAll Q4 2021 holdings
In the shares, value and % of portfolio columns, the top figure is Q1 2022 and the gray one below is Q4 2021. For stocks that split between the two quarters, Q4 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 | ReducedHistory | 10,656,63112,013,131 | −1,356,500−11.3% | $1.43B$1.46B | −$182.1M | 7.6%6.8% | +0.83 |
| BAMBrookfield Asset Management Ltd. | ReducedHistory | 20,876,27223,457,737 | −2,581,465−11.0% | $1.18B$1.40B | −$146.1M | 6.3%6.5% | −0.23 |
| BNSBank of Nova Scotia | ReducedHistory | 14,618,53816,957,773 | −2,339,235−13.8% | $1.05B$1.19B | −$167.8M | 5.6%5.5% | +0.06 |
| SHOPShopify Inc. | AddedHistory | 1,146,154568,890 | +577,264+101.5% | $775.8M$774.9M | +$390.7M | 4.1%3.6% | +0.53 |
| TRIThomson Reuters Corp | ReducedHistory | 6,596,4817,342,967 | −746,486−10.2% | $716.8M$868.7M | −$81.1M | 3.8%4.0% | −0.22 |
| OTEXOpen Text Corp | ReducedHistory | 15,309,07717,133,524 | −1,824,447−10.6% | $649.7M$804.5M | −$77.4M | 3.5%3.7% | −0.28 |
| MSFTMicrosoft Corp | ReducedHistory | 2,001,8412,044,367 | −42,526−2.1% | $617.2M$687.6M | −$13.1M | 3.3%3.2% | +0.09 |
| QSRRestaurant Brands International Inc. | ReducedHistory | 10,360,70911,628,565 | −1,267,856−10.9% | $605.9M$697.5M | −$74.1M | 3.2%3.2% | −0.02 |
| GIBCgi Inc | ReducedHistory | 7,357,5348,271,149 | −913,615−11.0% | $586.6M$723.5M | −$72.8M | 3.1%3.4% | −0.24 |
| MFCManulife Financial Corp | ReducedHistory | 26,112,64539,631,643 | −13,518,998−34.1% | $557.4M$747.2M | −$288.6M | 3.0%3.5% | −0.51 |
| GILGildan Activewear Inc. | ReducedHistory | 14,360,55116,500,219 | −2,139,668−13.0% | $539.1M$692.0M | −$80.3M | 2.9%3.2% | −0.35 |
| STNStantec Inc | ReducedHistory | 10,067,74411,391,174 | −1,323,430−11.6% | $505.5M$633.1M | −$66.4M | 2.7%2.9% | −0.25 |
| FNVFranco Nevada Corp | AddedHistory | 2,908,5512,640,500 | +268,051+10.2% | $463.3M$361.2M | +$42.7M | 2.5%1.7% | +0.79 |
| MGAMagna International Inc | ReducedHistory | 7,194,7888,065,336 | −870,548−10.8% | $462.3M$645.6M | −$55.9M | 2.5%3.0% | −0.54 |
| UNHUnitedHealth Group Inc | ReducedHistory | 745,934749,503 | −3,569−0.5% | $380.4M$376.4M | −$1.82M | 2.0%1.8% | +0.27 |
| AMZNAmazon Com Inc | AddedHistory | 107,32897,466 | +9,862+10.1% | $349.9M$325.0M | +$32.1M | 1.9%1.5% | +0.35 |
| DSGXDescartes Systems Group Inc | ReducedHistory | 4,705,3694,752,743 | −47,374−1.0% | $344.8M$388.8M | −$3.47M | 1.8%1.8% | +0.03 |
| CAECae Inc | ReducedHistory | 12,343,03314,178,167 | −1,835,134−12.9% | $321.6M$353.8M | −$47.8M | 1.7%1.6% | +0.07 |
| MAMastercard Inc | ReducedHistory | 782,555789,580 | −7,025−0.9% | $279.7M$283.7M | −$2.51M | 1.5%1.3% | +0.17 |
| ABTAbbott Laboratories | AddedHistory | 2,353,0772,251,083 | +101,994+4.5% | $278.5M$316.8M | +$12.1M | 1.5%1.5% | +0.01 |
| GOOGLAlphabet Inc. | ReducedHistory | 99,294103,985 | −4,691−4.5% | $276.2M$301.2M | −$13.0M | 1.5%1.4% | +0.07 |
| RYRoyal Bank of Canada | ReducedHistory | 2,423,3202,450,267 | −26,947−1.1% | $267.0M$257.2M | −$2.97M | 1.4%1.2% | +0.23 |
| BDXBecton Dickinson & Co | ReducedHistory | 932,448959,440 | −26,992−2.8% | $248.0M$241.3M | −$7.18M | 1.3%1.1% | +0.20 |
| CIGIColliers International Group Inc. | AddedHistory | 1,879,937270,736 | +1,609,201+594.4% | $245.2M$39.9M | +$209.9M | 1.3%0.2% | +1.12 |
| GOOGAlphabet Inc. | ReducedHistory | 87,43388,674 | −1,241−1.4% | $244.2M$256.6M | −$3.47M | 1.3%1.2% | +0.11 |
| FISVFiserv Inc | ReducedHistory | 2,213,7422,230,506 | −16,764−0.8% | $224.5M$231.5M | −$1.70M | 1.2%1.1% | +0.12 |
| VRSKVerisk Analytics, Inc. | ReducedHistory | 938,0511,007,950 | −69,899−6.9% | $201.3M$230.5M | −$15.0M | 1.1%1.1% | 0.00 |
| BSXBoston Scientific Corp | ReducedHistory | 4,378,2004,433,274 | −55,074−1.2% | $193.9M$188.3M | −$2.44M | 1.0%0.9% | +0.16 |
| METAMeta Platforms, Inc. | AddedHistory | 868,547744,720 | +123,827+16.6% | $193.1M$250.5M | +$27.5M | 1.0%1.2% | −0.14 |
| PEPPepsiCo Inc | ReducedHistory | 1,139,1281,437,523 | −298,395−20.8% | $190.7M$249.7M | −$49.9M | 1.0%1.2% | −0.15 |
| IQVIQVIA Holdings Inc. | ReducedHistory | 763,211774,787 | −11,576−1.5% | $176.5M$218.6M | −$2.68M | 0.9%1.0% | −0.08 |
| TDToronto Dominion Bank | ReducedHistory | 2,218,8292,388,205 | −169,376−7.1% | $176.2M$181.1M | −$13.5M | 0.9%0.8% | +0.10 |
| JPMJPMorgan Chase & Co | ReducedHistory | 1,235,0711,410,147 | −175,076−12.4% | $168.4M$223.3M | −$23.9M | 0.9%1.0% | −0.14 |
| CPRTCopart Inc | ReducedHistory | 1,330,6191,344,289 | −13,670−1.0% | $167.0M$203.8M | −$1.72M | 0.9%0.9% | −0.06 |
| CBChubb Ltd | ReducedHistory | 754,436854,771 | −100,335−11.7% | $161.4M$165.2M | −$21.5M | 0.9%0.8% | +0.09 |
| IBKRInteractive Brokers Group, Inc. | AddedHistory | 2,345,6832,217,166 | +128,517+5.8% | $154.6M$176.1M | +$8.47M | 0.8%0.8% | 0.00 |
| DEODiageo PLC | ReducedHistory | 752,902781,272 | −28,370−3.6% | $152.9M$172.0M | −$5.76M | 0.8%0.8% | +0.01 |
| ORCLOracle Corp | ReducedHistory | 1,811,5671,982,370 | −170,803−8.6% | $149.9M$172.9M | −$14.1M | 0.8%0.8% | −0.01 |
| JNJJohnson & Johnson | ReducedHistory | 778,447807,615 | −29,168−3.6% | $138.0M$138.2M | −$5.17M | 0.7%0.6% | +0.09 |
| GWREGuidewire Software, Inc. | AddedHistory | 1,376,4471,034,056 | +342,391+33.1% | $130.2M$117.4M | +$32.4M | 0.7%0.5% | +0.15 |
| RBARB Global Inc. | NewHistory | 2,100,5040 | +2,100,504 | $124.2M$0 | +$124.2M | 0.7%0.0% | +0.66 |
| BKNGBooking Holdings Inc. | ReducedHistory | 51,12453,677 | −2,553−4.8% | $120.1M$128.8M | −$6.00M | 0.6%0.6% | +0.04 |
| ENBEnbridge Inc | ReducedHistory | 2,599,2252,822,279 | −223,054−7.9% | $119.8M$109.1M | −$10.3M | 0.6%0.5% | +0.13 |
| PGProcter & Gamble Co | ReducedHistory | 745,027773,138 | −28,111−3.6% | $113.8M$126.5M | −$4.30M | 0.6%0.6% | +0.02 |
| SHWSherwin Williams Co | AddedHistory | 437,320427,665 | +9,655+2.3% | $109.2M$150.6M | +$2.41M | 0.6%0.7% | −0.12 |
| NTRNutrien Ltd. | ReducedHistory | 1,023,03512,209,145 | −11,186,110−91.6% | $105.8M$907.8M | −$1.16B | 0.6%4.2% | −3.66 |
| BRK.BBerkshire Hathaway Inc | ReducedHistory | 280,168298,303 | −18,135−6.1% | $98.9M$89.2M | −$6.40M | 0.5%0.4% | +0.11 |
| DHRDanaher Corp | AddedHistory | 294,2131,330 | +292,883+22,021.3% | $86.3M$437.0K | +$85.9M | 0.5%<0.1% | +0.46 |
| AMEAmetek Inc | AddedHistory | 644,199612,032 | +32,167+5.3% | $85.8M$90.0M | +$4.28M | 0.5%0.4% | +0.04 |
| OZKBank OZK | ReducedHistory | 1,993,8952,019,542 | −25,647−1.3% | $85.1M$94.0M | −$1.10M | 0.5%0.4% | +0.02 |
| HDBHDFC Bank Ltd | AddedHistory | 1,347,5171,309,253 | +38,264+2.9% | $82.6M$85.2M | +$2.35M | 0.4%0.4% | +0.04 |
| TJXTJX Companies Inc | ReducedHistory | 1,209,4331,218,819 | −9,386−0.8% | $73.3M$92.5M | −$568.6K | 0.4%0.4% | −0.04 |
| AFGAmerican Financial Group Inc | ReducedHistory | 459,272526,014 | −66,742−12.7% | $66.9M$72.2M | −$9.72M | 0.4%0.3% | +0.02 |
| MDLZMondelez International, Inc. | ReducedHistory | 1,043,8481,059,183 | −15,335−1.4% | $65.5M$70.2M | −$962.7K | 0.3%0.3% | +0.02 |
| LCIILci Industries | ReducedHistory | 612,960617,535 | −4,575−0.7% | $63.6M$96.3M | −$474.9K | 0.3%0.4% | −0.11 |
| CLColgate Palmolive Co | ReducedHistory | 823,914859,910 | −35,996−4.2% | $62.5M$73.4M | −$2.73M | 0.3%0.3% | −0.01 |
| CTSHCognizant Technology Solutions Corp | ReducedHistory | 642,919744,124 | −101,205−13.6% | $57.6M$66.0M | −$9.07M | 0.3%0.3% | 0.00 |
| MNSTMonster Beverage Corp | ReducedHistory | 706,743714,450 | −7,707−1.1% | $56.5M$68.6M | −$615.8K | 0.3%0.3% | −0.02 |
| COSTCostco Wholesale Corp | ReducedHistory | 87,27989,849 | −2,570−2.9% | $50.3M$51.0M | −$1.48M | 0.3%0.2% | +0.03 |
| RELXRELX PLC | AddedHistory | 1,472,0241,466,681 | +5,343+0.4% | $45.8M$47.8M | +$166.2K | 0.2%0.2% | +0.02 |
| CMCSAComcast Corp | ReducedHistory | 933,2841,098,292 | −165,008−15.0% | $43.7M$55.3M | −$7.73M | 0.2%0.3% | −0.02 |
| Cyberark Software LtdM2682V108 | Reduced– | 253,872259,069 | −5,197−2.0% | $42.8M$44.9M | −$877.0K | 0.2%0.2% | +0.02 |
| PGRProgressive Corp | ReducedHistory | 365,108370,378 | −5,270−1.4% | $41.6M$38.0M | −$600.7K | 0.2%0.2% | +0.04 |
| BERYBerry Global Group, Inc. | ReducedHistory | 687,014700,842 | −13,828−2.0% | $39.8M$51.7M | −$801.5K | 0.2%0.2% | −0.03 |
| SFBSServisFirst Bancshares, Inc. | ReducedHistory | 414,143602,305 | −188,162−31.2% | $39.5M$51.2M | −$17.9M | 0.2%0.2% | −0.03 |
| TSMTaiwan Semiconductor Manufacturing Co Ltd | AddedHistory | 377,258341,129 | +36,129+10.6% | $39.3M$41.0M | +$3.77M | 0.2%0.2% | +0.02 |
| ALRMAlarm.com Holdings, Inc. | AddedHistory | 515,753505,076 | +10,677+2.1% | $34.3M$42.8M | +$709.6K | 0.2%0.2% | −0.02 |
| TRPTC Energy Corp | ReducedHistory | 572,883605,126 | −32,243−5.3% | $32.3M$27.8M | −$1.82M | 0.2%0.1% | +0.04 |
| ADPAutomatic Data Processing Inc | ReducedHistory | 139,846141,196 | −1,350−1.0% | $31.8M$34.8M | −$307.2K | 0.2%0.2% | +0.01 |
| WWayfair Inc. | AddedHistory | 284,736127,042 | +157,694+124.1% | $31.5M$24.1M | +$17.5M | 0.2%0.1% | +0.06 |
| SAMBoston Beer Co Inc | NewHistory | 73,5960 | +73,596 | $28.6M$0 | +$28.6M | 0.2%0.0% | +0.15 |
| CACCCredit Acceptance Corp | ReducedHistory | 48,95949,920 | −961−1.9% | $26.9M$34.3M | −$528.9K | 0.1%0.2% | −0.02 |
| XOMExxonMobil Holdings Corp | ReducedHistory | 322,908373,452 | −50,544−13.5% | $26.7M$22.9M | −$4.17M | 0.1%0.1% | +0.04 |
| PFEPfizer Inc | ReducedHistory | 503,492525,661 | −22,169−4.2% | $26.1M$31.0M | −$1.15M | 0.1%0.1% | −0.01 |
| SAPSAP SE | ReducedHistory | 233,287257,640 | −24,353−9.5% | $25.9M$36.1M | −$2.70M | 0.1%0.2% | −0.03 |
| ULUnilever PLC | ReducedHistory | 552,018580,616 | −28,598−4.9% | $25.2M$31.2M | −$1.30M | 0.1%0.1% | −0.01 |
| ABBVAbbVie Inc. | ReducedHistory | 152,261155,086 | −2,825−1.8% | $24.7M$21.0M | −$458.0K | 0.1%0.1% | +0.03 |
| PBAPembina Pipeline Corp | ReducedHistory | 594,206668,820 | −74,614−11.2% | $22.3M$20.1M | −$2.81M | 0.1%0.1% | +0.03 |
| SPYSPDR S&P 500 ETF Trust | ReducedHistory | 47,33847,454 | −116−0.2% | $21.4M$22.5M | −$52.4K | 0.1%0.1% | +0.01 |
| ASMLASML Holding NV | ReducedHistory | 30,55731,650 | −1,093−3.5% | $20.4M$25.2M | −$730.0K | 0.1%0.1% | −0.01 |
| ALCAlcon Inc | AddedHistory | 254,789242,022 | +12,767+5.3% | $20.2M$21.1M | +$1.01M | 0.1%0.1% | +0.01 |
| MMM3M Co | ReducedHistory | 128,419142,534 | −14,115−9.9% | $19.1M$25.3M | −$2.10M | 0.1%0.1% | −0.02 |
| ZTSZoetis Inc. | ReducedHistory | 100,380116,615 | −16,235−13.9% | $18.9M$28.5M | −$3.06M | 0.1%0.1% | −0.03 |
| LLYEli Lilly & Co | ReducedHistory | 61,96362,963 | −1,000−1.6% | $17.7M$17.4M | −$286.4K | 0.1%0.1% | +0.01 |
| BMOBank of Montreal | ReducedHistory | 144,403145,954 | −1,551−1.1% | $17.0M$15.5M | −$182.7K | 0.1%0.1% | +0.02 |
| SLFSun Life Financial Inc | AddedHistory | 277,723277,695 | +280.0% | $15.5M$15.3M | +$1.56K | 0.1%0.1% | +0.01 |
| CVXChevron Corp | ReducedHistory | 95,205109,156 | −13,951−12.8% | $15.5M$12.8M | −$2.27M | 0.1%0.1% | +0.02 |
| CVSCVS Health Corp | ReducedHistory | 134,419137,544 | −3,125−2.3% | $13.6M$14.2M | −$316.3K | 0.1%0.1% | +0.01 |
| NKENIKE, Inc. | ReducedHistory | 99,876107,162 | −7,286−6.8% | $13.4M$17.9M | −$980.4K | 0.1%0.1% | −0.01 |
| BCEBce Inc | ReducedHistory | 240,832246,749 | −5,917−2.4% | $13.4M$12.7M | −$328.3K | 0.1%0.1% | +0.01 |
| USBUS Bancorp DE | ReducedHistory | 249,085306,314 | −57,229−18.7% | $13.2M$17.2M | −$3.04M | 0.1%0.1% | −0.01 |
| AAPLApple Inc. | AddedHistory | 75,72375,230 | +493+0.7% | $13.2M$13.4M | +$86.1K | 0.1%0.1% | +0.01 |
| TUTelus Corp | ReducedHistory | 487,682490,666 | −2,984−0.6% | $12.8M$11.4M | −$78.0K | 0.1%0.1% | +0.01 |
| NVSNovartis AG | ReducedHistory | 130,605216,906 | −86,301−39.8% | $11.5M$19.0M | −$7.57M | 0.1%0.1% | −0.03 |
| EMREmerson Electric Co | ReducedHistory | 106,305107,980 | −1,675−1.6% | $10.4M$10.0M | −$164.2K | 0.1%<0.1% | +0.01 |
| WFCWells Fargo & Company | ReducedHistory | 202,546205,199 | −2,653−1.3% | $9.81M$9.85M | −$128.6K | 0.1%<0.1% | +0.01 |
| XPXP Inc. | AddedHistory | 324,768264,441 | +60,327+22.8% | $9.78M$7.60M | +$1.82M | 0.1%<0.1% | +0.02 |
| KMBKimberly Clark Corp | ReducedHistory | 77,06587,065 | −10,000−11.5% | $9.49M$12.4M | −$1.23M | 0.1%0.1% | −0.01 |
| NVONovo Nordisk A S | ReducedHistory | 81,78184,456 | −2,675−3.2% | $9.08M$9.46M | −$297.0K | <0.1%<0.1% | 0.00 |
| YUMCYum China Holdings, Inc. | AddedHistory | 202,716181,245 | +21,471+11.8% | $8.42M$9.03M | +$891.8K | <0.1%<0.1% | 0.00 |
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.