Jarislowsky, Fraser Ltd
- SEC CIK
- 0001123778
- Latest filing
- Oct 21, 2025
Holdings changes from Q1 2022 to Q2 2022
Long positions only; new, added, reduced and sold out are based on share counts. Pick any two quarters this institution filed.
- New
- 5
- Est. +$26.6M
- Added
- 46
- Est. +$280.6M
- Reduced
- 126
- Est. −$405.2M
- Sold out
- 8
- Est. −$2.94M
Portfolio value went from $18.8B to $15.7B (−$3.04B (−16.2%)); positions from 208 to 205 (−3).
All Q2 2022 holdingsAll Q1 2022 holdings
In the shares, value and % of portfolio columns, the top figure is Q2 2022 and the gray one below is Q1 2022. For stocks that split between the two quarters, Q1 2022 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 | 10,488,57310,656,631 | −168,058−1.6% | $1.18B$1.43B | −$18.9M | 7.5%7.6% | −0.14 |
| BAMBrookfield Asset Management Ltd. | ReducedHistory | 20,654,25020,876,272 | −222,022−1.1% | $916.8M$1.18B | −$9.86M | 5.8%6.3% | −0.46 |
| BNSBank of Nova Scotia | ReducedHistory | 14,487,11114,618,538 | −131,427−0.9% | $855.6M$1.05B | −$7.76M | 5.4%5.6% | −0.15 |
| TRIThomson Reuters Corp | ReducedHistory | 6,480,9736,596,481 | −115,508−1.8% | $674.2M$716.8M | −$12.0M | 4.3%3.8% | +0.47 |
| GIBCgi Inc | ReducedHistory | 7,249,2777,357,534 | −108,257−1.5% | $576.3M$586.6M | −$8.61M | 3.7%3.1% | +0.54 |
| OTEXOpen Text Corp | ReducedHistory | 15,137,82315,309,077 | −171,254−1.1% | $571.4M$649.7M | −$6.46M | 3.6%3.5% | +0.17 |
| QSRRestaurant Brands International Inc. | ReducedHistory | 10,273,27910,360,709 | −87,430−0.8% | $514.2M$605.9M | −$4.38M | 3.3%3.2% | +0.04 |
| MSFTMicrosoft Corp | ReducedHistory | 1,939,2932,001,841 | −62,548−3.1% | $498.1M$617.2M | −$16.1M | 3.2%3.3% | −0.12 |
| MGAMagna International Inc | AddedHistory | 8,310,2237,194,788 | +1,115,435+15.5% | $455.3M$462.3M | +$61.1M | 2.9%2.5% | +0.43 |
| MFCManulife Financial Corp | ReducedHistory | 25,259,13526,112,645 | −853,510−3.3% | $437.1M$557.4M | −$14.8M | 2.8%3.0% | −0.19 |
| STNStantec Inc | ReducedHistory | 9,941,48610,067,744 | −126,258−1.3% | $434.6M$505.5M | −$5.52M | 2.8%2.7% | +0.07 |
| GILGildan Activewear Inc. | ReducedHistory | 14,181,83714,360,551 | −178,714−1.2% | $407.3M$539.1M | −$5.13M | 2.6%2.9% | −0.28 |
| SHOPShopify Inc. | AddedConverted for a 10-for-1 splitHistory | 12,517,69511,461,540 | +1,056,155+9.2% | $390.3M$775.8M | +$32.9M | 2.5%4.1% | −1.65 |
| FNVFranco Nevada Corp | ReducedHistory | 2,883,7702,908,551 | −24,781−0.9% | $378.5M$463.3M | −$3.25M | 2.4%2.5% | −0.06 |
| UNHUnitedHealth Group Inc | ReducedHistory | 674,377745,934 | −71,557−9.6% | $346.4M$380.4M | −$36.8M | 2.2%2.0% | +0.18 |
| DSGXDescartes Systems Group Inc | AddedHistory | 4,871,9884,705,369 | +166,619+3.5% | $302.1M$344.8M | +$10.3M | 1.9%1.8% | +0.08 |
| CAECae Inc | ReducedHistory | 12,115,95612,343,033 | −227,077−1.8% | $297.9M$321.6M | −$5.58M | 1.9%1.7% | +0.18 |
| AMZNAmazon Com Inc | AddedConverted for a 20-for-1 splitHistory | 2,675,4422,146,560 | +528,882+24.6% | $284.2M$349.9M | +$56.2M | 1.8%1.9% | −0.06 |
| ABTAbbott Laboratories | ReducedHistory | 2,306,9552,353,077 | −46,122−2.0% | $250.7M$278.5M | −$5.01M | 1.6%1.5% | +0.11 |
| MAMastercard Inc | ReducedHistory | 755,169782,555 | −27,386−3.5% | $238.2M$279.7M | −$8.64M | 1.5%1.5% | +0.03 |
| CIGIColliers International Group Inc. | AddedHistory | 2,166,7951,879,937 | +286,858+15.3% | $236.9M$245.2M | +$31.4M | 1.5%1.3% | +0.20 |
| RYRoyal Bank of Canada | ReducedHistory | 2,382,1662,423,320 | −41,154−1.7% | $230.2M$267.0M | −$3.98M | 1.5%1.4% | +0.04 |
| BDXBecton Dickinson & Co | ReducedHistory | 864,815932,448 | −67,633−7.3% | $213.2M$248.0M | −$16.7M | 1.4%1.3% | +0.03 |
| GOOGLAlphabet Inc. | ReducedHistory | 94,89199,294 | −4,403−4.4% | $206.8M$276.2M | −$9.60M | 1.3%1.5% | −0.16 |
| FISVFiserv Inc | ReducedHistory | 2,127,1392,213,742 | −86,603−3.9% | $189.3M$224.5M | −$7.71M | 1.2%1.2% | +0.01 |
| GOOGAlphabet Inc. | ReducedHistory | 86,28187,433 | −1,152−1.3% | $188.7M$244.2M | −$2.52M | 1.2%1.3% | −0.10 |
| PEPPepsiCo Inc | ReducedHistory | 1,101,0111,139,128 | −38,117−3.3% | $183.5M$190.7M | −$6.35M | 1.2%1.0% | +0.15 |
| RBARB Global Inc. | AddedHistory | 2,680,2672,100,504 | +579,763+27.6% | $174.0M$124.2M | +$37.6M | 1.1%0.7% | +0.45 |
| IQVIQVIA Holdings Inc. | ReducedHistory | 737,859763,211 | −25,352−3.3% | $160.1M$176.5M | −$5.50M | 1.0%0.9% | +0.08 |
| BSXBoston Scientific Corp | ReducedHistory | 4,148,4284,378,200 | −229,772−5.2% | $154.6M$193.9M | −$8.56M | 1.0%1.0% | −0.05 |
| VRSKVerisk Analytics, Inc. | ReducedHistory | 834,240938,051 | −103,811−11.1% | $144.4M$201.3M | −$18.0M | 0.9%1.1% | −0.15 |
| TDToronto Dominion Bank | ReducedHistory | 2,179,1682,218,829 | −39,661−1.8% | $142.6M$176.2M | −$2.60M | 0.9%0.9% | −0.03 |
| METAMeta Platforms, Inc. | AddedHistory | 877,330868,547 | +8,783+1.0% | $141.5M$193.1M | +$1.42M | 0.9%1.0% | −0.13 |
| CPRTCopart Inc | ReducedHistory | 1,283,8961,330,619 | −46,723−3.5% | $139.5M$167.0M | −$5.08M | 0.9%0.9% | 0.00 |
| JPMJPMorgan Chase & Co | ReducedHistory | 1,221,2461,235,071 | −13,825−1.1% | $137.5M$168.4M | −$1.56M | 0.9%0.9% | −0.02 |
| JNJJohnson & Johnson | ReducedHistory | 753,777778,447 | −24,670−3.2% | $133.8M$138.0M | −$4.38M | 0.9%0.7% | +0.12 |
| IBKRInteractive Brokers Group, Inc. | AddedHistory | 2,410,1992,345,683 | +64,516+2.8% | $132.6M$154.6M | +$3.55M | 0.8%0.8% | +0.02 |
| CBChubb Ltd | ReducedHistory | 659,045754,436 | −95,391−12.6% | $129.6M$161.4M | −$18.8M | 0.8%0.9% | −0.04 |
| DEODiageo PLC | ReducedHistory | 743,283752,902 | −9,619−1.3% | $129.4M$152.9M | −$1.67M | 0.8%0.8% | +0.01 |
| ENBEnbridge Inc | AddedHistory | 3,027,3732,599,225 | +428,148+16.5% | $127.6M$119.8M | +$18.0M | 0.8%0.6% | +0.17 |
| ORCLOracle Corp | ReducedHistory | 1,746,8441,811,567 | −64,723−3.6% | $122.1M$149.9M | −$4.52M | 0.8%0.8% | −0.02 |
| PGProcter & Gamble Co | ReducedHistory | 714,059745,027 | −30,968−4.2% | $102.7M$113.8M | −$4.45M | 0.7%0.6% | +0.05 |
| GWREGuidewire Software, Inc. | AddedHistory | 1,420,8811,376,447 | +44,434+3.2% | $100.9M$130.2M | +$3.15M | 0.6%0.7% | −0.05 |
| SHWSherwin Williams Co | ReducedHistory | 429,017437,320 | −8,303−1.9% | $96.1M$109.2M | −$1.86M | 0.6%0.6% | +0.03 |
| BKNGBooking Holdings Inc. | ReducedHistory | 49,61351,124 | −1,511−3.0% | $86.8M$120.1M | −$2.64M | 0.6%0.6% | −0.09 |
| HDBHDFC Bank Ltd | AddedHistory | 1,561,0221,347,517 | +213,505+15.8% | $85.8M$82.6M | +$11.7M | 0.5%0.4% | +0.11 |
| BRK.BBerkshire Hathaway Inc | ReducedHistory | 275,309280,168 | −4,859−1.7% | $75.2M$98.9M | −$1.33M | 0.5%0.5% | −0.05 |
| DHRDanaher Corp | ReducedHistory | 288,254294,213 | −5,959−2.0% | $73.1M$86.3M | −$1.51M | 0.5%0.5% | 0.00 |
| OZKBank OZK | ReducedHistory | 1,881,3491,993,895 | −112,546−5.6% | $70.6M$85.1M | −$4.22M | 0.4%0.5% | 0.00 |
| NTRNutrien Ltd. | ReducedHistory | 876,2941,023,035 | −146,741−14.3% | $69.6M$105.8M | −$11.7M | 0.4%0.6% | −0.12 |
| AMEAmetek Inc | ReducedHistory | 632,119644,199 | −12,080−1.9% | $69.5M$85.8M | −$1.33M | 0.4%0.5% | −0.02 |
| LCIILci Industries | ReducedHistory | 599,950612,960 | −13,010−2.1% | $67.1M$63.6M | −$1.46M | 0.4%0.3% | +0.09 |
| TJXTJX Companies Inc | ReducedHistory | 1,151,4651,209,433 | −57,968−4.8% | $64.3M$73.3M | −$3.24M | 0.4%0.4% | +0.02 |
| CLColgate Palmolive Co | ReducedHistory | 801,849823,914 | −22,065−2.7% | $64.3M$62.5M | −$1.77M | 0.4%0.3% | +0.08 |
| MNSTMonster Beverage Corp | ReducedHistory | 667,526706,743 | −39,217−5.5% | $61.9M$56.5M | −$3.64M | 0.4%0.3% | +0.09 |
| MDLZMondelez International, Inc. | ReducedHistory | 984,2401,043,848 | −59,608−5.7% | $61.1M$65.5M | −$3.70M | 0.4%0.3% | +0.04 |
| AFGAmerican Financial Group Inc | ReducedHistory | 356,988459,272 | −102,284−22.3% | $49.6M$66.9M | −$14.2M | 0.3%0.4% | −0.04 |
| CTSHCognizant Technology Solutions Corp | ReducedHistory | 599,286642,919 | −43,633−6.8% | $40.4M$57.6M | −$2.94M | 0.3%0.3% | −0.05 |
| COSTCostco Wholesale Corp | ReducedHistory | 83,65987,279 | −3,620−4.1% | $40.1M$50.3M | −$1.73M | 0.3%0.3% | −0.01 |
| RELXRELX PLC | ReducedHistory | 1,436,8471,472,024 | −35,177−2.4% | $38.7M$45.8M | −$947.7K | 0.2%0.2% | 0.00 |
| PGRProgressive Corp | ReducedHistory | 327,095365,108 | −38,013−10.4% | $38.0M$41.6M | −$4.42M | 0.2%0.2% | +0.02 |
| BERYBerry Global Group, Inc. | ReducedHistory | 619,777687,014 | −67,237−9.8% | $33.9M$39.8M | −$3.67M | 0.2%0.2% | 0.00 |
| Cyberark Software LtdM2682V108 | Added– | 259,591253,872 | +5,719+2.3% | $33.2M$42.8M | +$731.8K | 0.2%0.2% | −0.02 |
| CMCSAComcast Corp | ReducedHistory | 838,543933,284 | −94,741−10.2% | $32.9M$43.7M | −$3.72M | 0.2%0.2% | −0.02 |
| TSMTaiwan Semiconductor Manufacturing Co Ltd | AddedHistory | 378,159377,258 | +901+0.2% | $30.9M$39.3M | +$73.7K | 0.2%0.2% | −0.01 |
| ADPAutomatic Data Processing Inc | ReducedHistory | 138,551139,846 | −1,295−0.9% | $29.1M$31.8M | −$272.0K | 0.2%0.2% | +0.02 |
| ALRMAlarm.com Holdings, Inc. | ReducedHistory | 468,980515,753 | −46,773−9.1% | $29.0M$34.3M | −$2.89M | 0.2%0.2% | 0.00 |
| TRPTC Energy Corp | ReducedHistory | 531,385572,883 | −41,498−7.2% | $27.5M$32.3M | −$2.15M | 0.2%0.2% | 0.00 |
| XOMExxonMobil Holdings Corp | ReducedHistory | 312,674322,908 | −10,234−3.2% | $26.8M$26.7M | −$876.4K | 0.2%0.1% | +0.03 |
| ULUnilever PLC | AddedHistory | 575,654552,018 | +23,636+4.3% | $26.4M$25.2M | +$1.08M | 0.2%0.1% | +0.03 |
| PFEPfizer Inc | ReducedHistory | 482,390503,492 | −21,102−4.2% | $25.3M$26.1M | −$1.11M | 0.2%0.1% | +0.02 |
| SFBSServisFirst Bancshares, Inc. | ReducedHistory | 296,186414,143 | −117,957−28.5% | $23.4M$39.5M | −$9.31M | 0.1%0.2% | −0.06 |
| ABBVAbbVie Inc. | ReducedHistory | 151,586152,261 | −675−0.4% | $23.2M$24.7M | −$103.4K | 0.1%0.1% | +0.02 |
| SAMBoston Beer Co Inc | AddedHistory | 74,51973,596 | +923+1.3% | $22.6M$28.6M | +$279.6K | 0.1%0.2% | −0.01 |
| AXAxos Financial, Inc. | NewHistory | 611,6310 | +611,631 | $21.9M$0 | +$21.9M | 0.1%0.0% | +0.14 |
| ZTSZoetis Inc. | AddedHistory | 125,080100,380 | +24,700+24.6% | $21.5M$18.9M | +$4.25M | 0.1%0.1% | +0.04 |
| SAPSAP SE | ReducedHistory | 222,164233,287 | −11,123−4.8% | $20.2M$25.9M | −$1.01M | 0.1%0.1% | −0.01 |
| LLYEli Lilly & Co | ReducedHistory | 61,21661,963 | −747−1.2% | $19.8M$17.7M | −$242.2K | 0.1%0.1% | +0.03 |
| PBAPembina Pipeline Corp | ReducedHistory | 549,272594,206 | −44,934−7.6% | $19.4M$22.3M | −$1.58M | 0.1%0.1% | 0.00 |
| ALCAlcon Inc | AddedHistory | 257,571254,789 | +2,782+1.1% | $18.0M$20.2M | +$194.4K | 0.1%0.1% | +0.01 |
| SPYSPDR S&P 500 ETF Trust | ReducedHistory | 46,62447,338 | −714−1.5% | $17.6M$21.4M | −$269.3K | 0.1%0.1% | 0.00 |
| MMM3M Co | ReducedHistory | 124,079128,419 | −4,340−3.4% | $16.1M$19.1M | −$561.6K | 0.1%0.1% | 0.00 |
| CACCCredit Acceptance Corp | ReducedHistory | 33,83348,959 | −15,126−30.9% | $16.0M$26.9M | −$7.16M | 0.1%0.1% | −0.04 |
| ASMLASML Holding NV | AddedHistory | 30,91830,557 | +361+1.2% | $14.7M$20.4M | +$171.8K | 0.1%0.1% | −0.02 |
| BMOBank of Montreal | AddedHistory | 145,562144,403 | +1,159+0.8% | $14.0M$17.0M | +$111.2K | 0.1%0.1% | 0.00 |
| TUTelus Corp | AddedHistory | 620,069487,682 | +132,387+27.1% | $13.8M$12.8M | +$2.94M | 0.1%0.1% | +0.02 |
| CVXChevron Corp | ReducedHistory | 92,54695,205 | −2,659−2.8% | $13.4M$15.5M | −$384.9K | 0.1%0.1% | 0.00 |
| WWayfair Inc. | AddedHistory | 286,354284,736 | +1,618+0.6% | $12.5M$31.5M | +$70.5K | 0.1%0.2% | −0.09 |
| SLFSun Life Financial Inc | ReducedHistory | 270,716277,723 | −7,007−2.5% | $12.4M$15.5M | −$320.4K | 0.1%0.1% | 0.00 |
| CVSCVS Health Corp | ReducedHistory | 132,719134,419 | −1,700−1.3% | $12.3M$13.6M | −$157.5K | 0.1%0.1% | +0.01 |
| BCEBce Inc | AddedHistory | 243,683240,832 | +2,851+1.2% | $12.0M$13.4M | +$139.8K | 0.1%0.1% | 0.00 |
| USBUS Bancorp DE | ReducedHistory | 229,053249,085 | −20,032−8.0% | $10.5M$13.2M | −$921.9K | 0.1%0.1% | 0.00 |
| KMBKimberly Clark Corp | ReducedHistory | 75,96577,065 | −1,100−1.4% | $10.3M$9.49M | −$148.7K | 0.1%0.1% | +0.01 |
| AAPLApple Inc. | ReducedHistory | 74,86275,723 | −861−1.1% | $10.2M$13.2M | −$117.7K | 0.1%0.1% | −0.01 |
| YUMCYum China Holdings, Inc. | AddedHistory | 203,316202,716 | +600+0.3% | $9.86M$8.42M | +$29.1K | 0.1%<0.1% | +0.02 |
| NKENIKE, Inc. | ReducedHistory | 92,42699,876 | −7,450−7.5% | $9.45M$13.4M | −$761.3K | 0.1%0.1% | −0.01 |
| NVSNovartis AG | ReducedHistory | 106,802130,605 | −23,803−18.2% | $9.03M$11.5M | −$2.01M | 0.1%0.1% | 0.00 |
| NVONovo Nordisk A S | ReducedHistory | 78,40681,781 | −3,375−4.1% | $8.74M$9.08M | −$376.0K | 0.1%<0.1% | +0.01 |
| EMREmerson Electric Co | ReducedHistory | 98,340106,305 | −7,965−7.5% | $7.82M$10.4M | −$633.5K | <0.1%0.1% | −0.01 |
| WFCWells Fargo & Company | ReducedHistory | 196,566202,546 | −5,980−3.0% | $7.70M$9.81M | −$234.2K | <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.