Jarislowsky, Fraser Ltd
- SEC CIK
- 0001123778
- Latest filing
- Oct 21, 2025
Holdings changes from Q2 2022 to Q3 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. +$4.37M
- Added
- 49
- Est. +$112.7M
- Reduced
- 116
- Est. −$261.4M
- Sold out
- 5
- Est. −$1.86M
Portfolio value went from $15.7B to $14.4B (−$1.30B (−8.3%)); positions from 205 to 207 (+2).
All Q3 2022 holdingsAll Q2 2022 holdings
In the shares, value and % of portfolio columns, the top figure is Q3 2022 and the gray one below is Q2 2022. For stocks that split between the two quarters, Q2 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 | 10,203,28310,488,573 | −285,290−2.7% | $1.11B$1.18B | −$31.0M | 7.7%7.5% | +0.19 |
| BAMBrookfield Asset Management Ltd. | ReducedHistory | 20,213,48620,654,250 | −440,764−2.1% | $831.3M$916.8M | −$18.1M | 5.8%5.8% | −0.07 |
| BNSBank of Nova Scotia | ReducedHistory | 14,141,98214,487,111 | −345,129−2.4% | $676.2M$855.6M | −$16.5M | 4.7%5.4% | −0.75 |
| TRIThomson Reuters Corp | ReducedHistory | 6,315,9646,480,973 | −165,009−2.5% | $651.8M$674.2M | −$17.0M | 4.5%4.3% | +0.23 |
| QSRRestaurant Brands International Inc. | ReducedHistory | 10,041,03710,273,279 | −232,242−2.3% | $537.0M$514.2M | −$12.4M | 3.7%3.3% | +0.45 |
| GIBCgi Inc | ReducedHistory | 7,068,6447,249,277 | −180,633−2.5% | $535.0M$576.3M | −$13.7M | 3.7%3.7% | +0.04 |
| MSFTMicrosoft Corp | ReducedHistory | 1,932,9491,939,293 | −6,344−0.3% | $450.2M$498.1M | −$1.48M | 3.1%3.2% | −0.05 |
| STNStantec Inc | ReducedHistory | 9,730,6559,941,486 | −210,831−2.1% | $429.0M$434.6M | −$9.30M | 3.0%2.8% | +0.21 |
| OTEXOpen Text Corp | ReducedHistory | 14,874,40115,137,823 | −263,422−1.7% | $395.2M$571.4M | −$7.00M | 2.7%3.6% | −0.89 |
| GILGildan Activewear Inc. | ReducedHistory | 13,883,30914,181,837 | −298,528−2.1% | $394.6M$407.3M | −$8.48M | 2.7%2.6% | +0.15 |
| MFCManulife Financial Corp | ReducedHistory | 24,594,77925,259,135 | −664,356−2.6% | $388.1M$437.1M | −$10.5M | 2.7%2.8% | −0.09 |
| MGAMagna International Inc | ReducedHistory | 8,133,4468,310,223 | −176,777−2.1% | $387.9M$455.3M | −$8.43M | 2.7%2.9% | −0.21 |
| FNVFranco Nevada Corp | AddedHistory | 3,032,2582,883,770 | +148,488+5.1% | $364.1M$378.5M | +$17.8M | 2.5%2.4% | +0.12 |
| UNHUnitedHealth Group Inc | ReducedHistory | 664,241674,377 | −10,136−1.5% | $335.5M$346.4M | −$5.12M | 2.3%2.2% | +0.12 |
| SHOPShopify Inc. | ReducedHistory | 12,268,00412,517,695 | −249,691−2.0% | $332.0M$390.3M | −$6.76M | 2.3%2.5% | −0.18 |
| DSGXDescartes Systems Group Inc | ReducedHistory | 4,841,4984,871,988 | −30,490−0.6% | $309.0M$302.1M | −$1.95M | 2.1%1.9% | +0.22 |
| AMZNAmazon Com Inc | AddedHistory | 2,713,8362,675,442 | +38,394+1.4% | $306.7M$284.2M | +$4.34M | 2.1%1.8% | +0.32 |
| CAECae Inc | AddedHistory | 15,077,89512,115,956 | +2,961,939+24.4% | $232.5M$297.9M | +$45.7M | 1.6%1.9% | −0.28 |
| ABTAbbott Laboratories | ReducedHistory | 2,301,5252,306,955 | −5,430−0.2% | $222.7M$250.7M | −$525.4K | 1.5%1.6% | −0.05 |
| MAMastercard Inc | AddedHistory | 756,810755,169 | +1,641+0.2% | $215.2M$238.2M | +$466.6K | 1.5%1.5% | −0.02 |
| RYRoyal Bank of Canada | ReducedHistory | 2,364,9032,382,166 | −17,263−0.7% | $214.1M$230.2M | −$1.56M | 1.5%1.5% | +0.02 |
| FISVFiserv Inc | AddedHistory | 2,127,3472,127,139 | +2080.0% | $199.1M$189.3M | +$19.5K | 1.4%1.2% | +0.18 |
| CIGIColliers International Group Inc. | ReducedHistory | 2,153,3622,166,795 | −13,433−0.6% | $198.4M$236.9M | −$1.24M | 1.4%1.5% | −0.13 |
| BDXBecton Dickinson & Co | ReducedHistory | 862,493864,815 | −2,322−0.3% | $192.2M$213.2M | −$517.4K | 1.3%1.4% | −0.02 |
| GOOGLAlphabet Inc. | UnchangedConverted for a 20-for-1 splitHistory | 1,896,9791,897,820 | 00.0% | $181.4M$206.8M | $0 | 1.3%1.3% | −0.06 |
| PEPPepsiCo Inc | AddedHistory | 1,106,4481,101,011 | +5,437+0.5% | $180.6M$183.5M | +$887.6K | 1.3%1.2% | +0.09 |
| RBARB Global Inc. | ReducedHistory | 2,661,7402,680,267 | −18,527−0.7% | $167.2M$174.0M | −$1.16M | 1.2%1.1% | +0.05 |
| GOOGAlphabet Inc. | UnchangedConverted for a 20-for-1 splitHistory | 1,716,9971,725,620 | 00.0% | $165.1M$188.7M | $0 | 1.1%1.2% | −0.06 |
| BSXBoston Scientific Corp | AddedHistory | 4,149,3514,148,428 | +9230.0% | $160.7M$154.6M | +$35.7K | 1.1%1.0% | +0.13 |
| IBKRInteractive Brokers Group, Inc. | AddedHistory | 2,437,3262,410,199 | +27,127+1.1% | $155.8M$132.6M | +$1.73M | 1.1%0.8% | +0.24 |
| VRSKVerisk Analytics, Inc. | ReducedHistory | 819,821834,240 | −14,419−1.7% | $139.8M$144.4M | −$2.46M | 1.0%0.9% | +0.05 |
| CPRTCopart Inc | ReducedHistory | 1,280,9861,283,896 | −2,910−0.2% | $136.3M$139.5M | −$309.6K | 0.9%0.9% | +0.06 |
| IQVIQVIA Holdings Inc. | ReducedHistory | 736,204737,859 | −1,655−0.2% | $133.4M$160.1M | −$299.8K | 0.9%1.0% | −0.09 |
| TDToronto Dominion Bank | ReducedHistory | 2,130,2572,179,168 | −48,911−2.2% | $131.3M$142.6M | −$3.02M | 0.9%0.9% | 0.00 |
| JPMJPMorgan Chase & Co | ReducedHistory | 1,216,0201,221,246 | −5,226−0.4% | $127.1M$137.5M | −$546.1K | 0.9%0.9% | +0.01 |
| DEODiageo PLC | ReducedHistory | 738,929743,283 | −4,354−0.6% | $125.5M$129.4M | −$739.3K | 0.9%0.8% | +0.05 |
| JNJJohnson & Johnson | ReducedHistory | 740,145753,777 | −13,632−1.8% | $120.9M$133.8M | −$2.23M | 0.8%0.9% | −0.01 |
| METAMeta Platforms, Inc. | AddedHistory | 882,493877,330 | +5,163+0.6% | $119.7M$141.5M | +$700.5K | 0.8%0.9% | −0.07 |
| CBChubb Ltd | ReducedHistory | 633,692659,045 | −25,353−3.8% | $115.3M$129.6M | −$4.61M | 0.8%0.8% | −0.02 |
| ENBEnbridge Inc | ReducedHistory | 2,961,9663,027,373 | −65,407−2.2% | $110.4M$127.6M | −$2.44M | 0.8%0.8% | −0.05 |
| ORCLOracle Corp | ReducedHistory | 1,743,4941,746,844 | −3,350−0.2% | $106.5M$122.1M | −$204.6K | 0.7%0.8% | −0.04 |
| HDBHDFC Bank Ltd | ReducedHistory | 1,555,3871,561,022 | −5,635−0.4% | $90.9M$85.8M | −$329.2K | 0.6%0.5% | +0.08 |
| PGProcter & Gamble Co | AddedHistory | 714,964714,059 | +905+0.1% | $90.3M$102.7M | +$114.3K | 0.6%0.7% | −0.03 |
| GWREGuidewire Software, Inc. | AddedHistory | 1,437,1811,420,881 | +16,300+1.1% | $88.5M$100.9M | +$1.00M | 0.6%0.6% | −0.03 |
| SHWSherwin Williams Co | AddedHistory | 429,263429,017 | +246+0.1% | $87.9M$96.1M | +$50.4K | 0.6%0.6% | 0.00 |
| OZKBank OZK | AddedHistory | 2,102,5791,881,349 | +221,230+11.8% | $83.2M$70.6M | +$8.75M | 0.6%0.4% | +0.13 |
| BKNGBooking Holdings Inc. | ReducedHistory | 49,01049,613 | −603−1.2% | $80.5M$86.8M | −$990.8K | 0.6%0.6% | +0.01 |
| DHRDanaher Corp | AddedHistory | 295,726288,254 | +7,472+2.6% | $76.4M$73.1M | +$1.93M | 0.5%0.5% | +0.06 |
| TJXTJX Companies Inc | AddedHistory | 1,186,2651,151,465 | +34,800+3.0% | $73.7M$64.3M | +$2.16M | 0.5%0.4% | +0.10 |
| AMEAmetek Inc | AddedHistory | 644,917632,119 | +12,798+2.0% | $73.1M$69.5M | +$1.45M | 0.5%0.4% | +0.07 |
| BRK.BBerkshire Hathaway Inc | ReducedHistory | 272,878275,309 | −2,431−0.9% | $72.9M$75.2M | −$649.1K | 0.5%0.5% | +0.03 |
| LCIILci Industries | AddedHistory | 603,812599,950 | +3,862+0.6% | $61.3M$67.1M | +$391.8K | 0.4%0.4% | 0.00 |
| MNSTMonster Beverage Corp | AddedHistory | 669,866667,526 | +2,340+0.4% | $58.3M$61.9M | +$203.5K | 0.4%0.4% | +0.01 |
| MDLZMondelez International, Inc. | AddedHistory | 1,023,678984,240 | +39,438+4.0% | $56.1M$61.1M | +$2.16M | 0.4%0.4% | 0.00 |
| CLColgate Palmolive Co | ReducedHistory | 782,973801,849 | −18,876−2.4% | $55.0M$64.3M | −$1.33M | 0.4%0.4% | −0.03 |
| AFGAmerican Financial Group Inc | AddedHistory | 362,799356,988 | +5,811+1.6% | $44.6M$49.6M | +$714.3K | 0.3%0.3% | −0.01 |
| NTRNutrien Ltd. | ReducedHistory | 499,438876,294 | −376,856−43.0% | $41.9M$69.6M | −$31.6M | 0.3%0.4% | −0.15 |
| Cyberark Software LtdM2682V108 | Added– | 261,571259,591 | +1,980+0.8% | $39.2M$33.2M | +$296.9K | 0.3%0.2% | +0.06 |
| COSTCostco Wholesale Corp | ReducedHistory | 80,52983,659 | −3,130−3.7% | $38.0M$40.1M | −$1.48M | 0.3%0.3% | +0.01 |
| CTSHCognizant Technology Solutions Corp | AddedHistory | 609,882599,286 | +10,596+1.8% | $35.0M$40.4M | +$608.6K | 0.2%0.3% | −0.01 |
| RELXRELX PLC | AddedHistory | 1,440,5071,436,847 | +3,660+0.3% | $35.0M$38.7M | +$89.0K | 0.2%0.2% | 0.00 |
| ALRMAlarm.com Holdings, Inc. | AddedHistory | 480,278468,980 | +11,298+2.4% | $31.1M$29.0M | +$732.8K | 0.2%0.2% | +0.03 |
| PGRProgressive Corp | ReducedHistory | 263,186327,095 | −63,909−19.5% | $30.6M$38.0M | −$7.43M | 0.2%0.2% | −0.03 |
| ADPAutomatic Data Processing Inc | ReducedHistory | 134,179138,551 | −4,372−3.2% | $30.3M$29.1M | −$988.9K | 0.2%0.2% | +0.03 |
| BERYBerry Global Group, Inc. | AddedHistory | 636,064619,777 | +16,287+2.6% | $29.6M$33.9M | +$757.8K | 0.2%0.2% | −0.01 |
| AXAxos Financial, Inc. | AddedHistory | 781,979611,631 | +170,348+27.9% | $26.8M$21.9M | +$5.83M | 0.2%0.1% | +0.05 |
| XOMExxonMobil Holdings Corp | ReducedHistory | 299,637312,674 | −13,037−4.2% | $26.2M$26.8M | −$1.14M | 0.2%0.2% | +0.01 |
| TSMTaiwan Semiconductor Manufacturing Co Ltd | ReducedHistory | 370,709378,159 | −7,450−2.0% | $25.4M$30.9M | −$510.8K | 0.2%0.2% | −0.02 |
| ULUnilever PLC | ReducedHistory | 572,329575,654 | −3,325−0.6% | $25.1M$26.4M | −$145.8K | 0.2%0.2% | +0.01 |
| SAMBoston Beer Co Inc | AddedHistory | 76,29574,519 | +1,776+2.4% | $24.7M$22.6M | +$574.8K | 0.2%0.1% | +0.03 |
| SFBSServisFirst Bancshares, Inc. | AddedHistory | 302,245296,186 | +6,059+2.0% | $24.2M$23.4M | +$484.7K | 0.2%0.1% | +0.02 |
| CMCSAComcast Corp | ReducedHistory | 776,576838,543 | −61,967−7.4% | $22.8M$32.9M | −$1.82M | 0.2%0.2% | −0.05 |
| TRPTC Energy Corp | ReducedHistory | 524,783531,385 | −6,602−1.2% | $21.3M$27.5M | −$267.3K | 0.1%0.2% | −0.03 |
| TUTelus Corp | AddedHistory | 1,032,086620,069 | +412,017+66.4% | $20.6M$13.8M | +$8.22M | 0.1%0.1% | +0.06 |
| ABBVAbbVie Inc. | ReducedHistory | 150,886151,586 | −700−0.5% | $20.3M$23.2M | −$93.9K | 0.1%0.1% | −0.01 |
| LLYEli Lilly & Co | ReducedHistory | 60,95761,216 | −259−0.4% | $19.7M$19.8M | −$83.7K | 0.1%0.1% | +0.01 |
| PFEPfizer Inc | ReducedHistory | 423,638482,390 | −58,752−12.2% | $18.5M$25.3M | −$2.57M | 0.1%0.2% | −0.03 |
| ZTSZoetis Inc. | ReducedHistory | 123,413125,080 | −1,667−1.3% | $18.3M$21.5M | −$247.2K | 0.1%0.1% | −0.01 |
| SAPSAP SE | ReducedHistory | 212,954222,164 | −9,210−4.1% | $17.3M$20.2M | −$748.3K | 0.1%0.1% | −0.01 |
| SPYSPDR S&P 500 ETF Trust | ReducedHistory | 46,59946,624 | −25−0.1% | $16.6M$17.6M | −$8.93K | 0.1%0.1% | 0.00 |
| PBAPembina Pipeline Corp | ReducedHistory | 541,793549,272 | −7,479−1.4% | $16.5M$19.4M | −$228.4K | 0.1%0.1% | −0.01 |
| ALCAlcon Inc | AddedHistory | 266,815257,571 | +9,244+3.6% | $15.5M$18.0M | +$537.8K | 0.1%0.1% | −0.01 |
| CACCCredit Acceptance Corp | AddedHistory | 34,34733,833 | +514+1.5% | $15.0M$16.0M | +$225.1K | 0.1%0.1% | 0.00 |
| MMM3M Co | ReducedHistory | 118,112124,079 | −5,967−4.8% | $13.1M$16.1M | −$659.3K | 0.1%0.1% | −0.01 |
| BMOBank of Montreal | AddedHistory | 146,681145,562 | +1,119+0.8% | $12.9M$14.0M | +$98.6K | 0.1%0.1% | 0.00 |
| CVXChevron Corp | ReducedHistory | 89,50692,546 | −3,040−3.3% | $12.9M$13.4M | −$436.7K | 0.1%0.1% | 0.00 |
| ASMLASML Holding NV | ReducedHistory | 30,80030,918 | −118−0.4% | $12.8M$14.7M | −$49.0K | 0.1%0.1% | 0.00 |
| CVSCVS Health Corp | ReducedHistory | 130,868132,719 | −1,851−1.4% | $12.5M$12.3M | −$176.5K | 0.1%0.1% | +0.01 |
| SLFSun Life Financial Inc | ReducedHistory | 266,670270,716 | −4,046−1.5% | $10.7M$12.4M | −$161.7K | 0.1%0.1% | 0.00 |
| AAPLApple Inc. | ReducedHistory | 74,64374,862 | −219−0.3% | $10.3M$10.2M | −$30.3K | 0.1%0.1% | +0.01 |
| BCEBce Inc | AddedHistory | 244,128243,683 | +445+0.2% | $10.3M$12.0M | +$18.8K | 0.1%0.1% | 0.00 |
| WWayfair Inc. | AddedHistory | 292,558286,354 | +6,204+2.2% | $9.52M$12.5M | +$201.9K | 0.1%0.1% | −0.01 |
| USBUS Bancorp DE | ReducedHistory | 206,347229,053 | −22,706−9.9% | $8.32M$10.5M | −$915.4K | 0.1%0.1% | −0.01 |
| KMBKimberly Clark Corp | ReducedHistory | 73,41275,965 | −2,553−3.4% | $8.26M$10.3M | −$287.3K | 0.1%0.1% | −0.01 |
| NVONovo Nordisk A S | ReducedHistory | 74,84678,406 | −3,560−4.5% | $7.46M$8.74M | −$354.6K | 0.1%0.1% | 0.00 |
| YUMCYum China Holdings, Inc. | ReducedHistory | 153,206203,316 | −50,110−24.6% | $7.25M$9.86M | −$2.37M | 0.1%0.1% | −0.01 |
| NVSNovartis AG | ReducedHistory | 94,240106,802 | −12,562−11.8% | $7.16M$9.03M | −$954.8K | <0.1%0.1% | −0.01 |
| EMREmerson Electric Co | ReducedHistory | 97,67098,340 | −670−0.7% | $7.15M$7.82M | −$49.1K | <0.1%<0.1% | 0.00 |
| NKENIKE, Inc. | ReducedHistory | 86,02192,426 | −6,405−6.9% | $7.15M$9.45M | −$532.4K | <0.1%0.1% | −0.01 |
| WFCWells Fargo & Company | ReducedHistory | 170,916196,566 | −25,650−13.0% | $6.87M$7.70M | −$1.03M | <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.