Jarislowsky, Fraser Ltd
- SEC CIK
- 0001123778
- Latest filing
- Oct 21, 2025
Holdings changes from Q4 2023 to Q1 2024
Long positions only; new, added, reduced and sold out are based on share counts. Pick any two quarters this institution filed.
- New
- 4
- Est. +$78.2M
- Added
- 31
- Est. +$561.4M
- Reduced
- 138
- Est. −$1.08B
- Sold out
- 29
- Est. −$76.3M
Portfolio value went from $17.0B to $17.4B (+$428.3M (+2.5%)); positions from 221 to 196 (−25).
All Q1 2024 holdingsAll Q4 2023 holdings
In the shares, value and % of portfolio columns, the top figure is Q1 2024 and the gray one below is Q4 2023. For stocks that split between the two quarters, Q4 2023 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 | 8,511,2128,819,461 | −308,249−3.5% | $1.12B$1.11B | −$40.6M | 6.4%6.6% | −0.12 |
| BNBROOKFIELD Corp | ReducedHistory | 21,667,12122,503,592 | −836,471−3.7% | $907.5M$907.1M | −$35.0M | 5.2%5.3% | −0.13 |
| MSFTMicrosoft Corp | ReducedHistory | 1,570,3631,663,576 | −93,213−5.6% | $660.7M$625.6M | −$39.2M | 3.8%3.7% | +0.11 |
| BNSBank of Nova Scotia | ReducedHistory | 12,741,12113,163,545 | −422,424−3.2% | $659.7M$643.9M | −$21.9M | 3.8%3.8% | 0.00 |
| TRIThomson Reuters Corp | ReducedHistory | 3,724,1554,303,591 | −579,436−13.5% | $580.1M$632.3M | −$90.3M | 3.3%3.7% | −0.39 |
| OTEXOpen Text Corp | ReducedHistory | 14,934,68815,391,557 | −456,869−3.0% | $580.1M$650.0M | −$17.7M | 3.3%3.8% | −0.50 |
| QSRRestaurant Brands International Inc. | ReducedHistory | 6,756,6957,041,995 | −285,300−4.1% | $537.1M$552.9M | −$22.7M | 3.1%3.3% | −0.17 |
| GIBCgi Inc | ReducedHistory | 4,710,6705,347,324 | −636,654−11.9% | $520.2M$575.7M | −$70.3M | 3.0%3.4% | −0.40 |
| TRPTC Energy Corp | ReducedHistory | 12,759,33113,166,454 | −407,123−3.1% | $513.3M$516.8M | −$16.4M | 2.9%3.0% | −0.09 |
| MFCManulife Financial Corp | ReducedHistory | 19,983,13020,715,602 | −732,472−3.5% | $499.6M$460.0M | −$18.3M | 2.9%2.7% | +0.16 |
| CAECae Inc | AddedHistory | 21,964,69817,334,635 | +4,630,063+26.7% | $454.0M$376.0M | +$95.7M | 2.6%2.2% | +0.39 |
| STNStantec Inc | ReducedHistory | 5,445,2286,456,847 | −1,011,619−15.7% | $452.5M$520.9M | −$84.1M | 2.6%3.1% | −0.47 |
| GILGildan Activewear Inc. | ReducedHistory | 11,222,15411,882,800 | −660,646−5.6% | $416.9M$394.9M | −$24.5M | 2.4%2.3% | +0.07 |
| FNVFranco Nevada Corp | AddedHistory | 3,474,7733,444,848 | +29,925+0.9% | $414.4M$383.4M | +$3.57M | 2.4%2.3% | +0.12 |
| AMZNAmazon Com Inc | ReducedHistory | 2,210,2512,342,493 | −132,242−5.6% | $398.7M$355.9M | −$23.9M | 2.3%2.1% | +0.19 |
| BMOBank of Montreal | AddedHistory | 3,827,130314,414 | +3,512,716+1,117.2% | $374.0M$31.3M | +$343.3M | 2.1%0.2% | +1.96 |
| MGAMagna International Inc | ReducedHistory | 6,752,4916,966,832 | −214,341−3.1% | $368.2M$413.6M | −$11.7M | 2.1%2.4% | −0.32 |
| UNHUnitedHealth Group Inc | AddedHistory | 655,100653,209 | +1,891+0.3% | $324.1M$343.9M | +$935.5K | 1.9%2.0% | −0.16 |
| MAMastercard Inc | ReducedHistory | 670,944687,785 | −16,841−2.4% | $323.1M$293.3M | −$8.11M | 1.9%1.7% | +0.13 |
| DSGXDescartes Systems Group Inc | ReducedHistory | 3,329,2204,335,250 | −1,006,030−23.2% | $304.8M$366.0M | −$92.1M | 1.7%2.2% | −0.40 |
| SHOPShopify Inc. | ReducedHistory | 3,770,1824,858,624 | −1,088,442−22.4% | $291.1M$380.1M | −$84.1M | 1.7%2.2% | −0.57 |
| FISVFiserv Inc | ReducedHistory | 1,747,2091,796,045 | −48,836−2.7% | $279.2M$238.6M | −$7.80M | 1.6%1.4% | +0.20 |
| CIGIColliers International Group Inc. | ReducedHistory | 2,215,7652,297,479 | −81,714−3.6% | $271.1M$292.0M | −$10.0M | 1.6%1.7% | −0.16 |
| PEPPepsiCo Inc | AddedHistory | 1,451,7361,270,905 | +180,831+14.2% | $254.1M$215.9M | +$31.6M | 1.5%1.3% | +0.19 |
| CPRTCopart Inc | ReducedHistory | 4,345,6954,522,170 | −176,475−3.9% | $251.7M$221.6M | −$10.2M | 1.4%1.3% | +0.14 |
| GOOGLAlphabet Inc. | ReducedHistory | 1,664,8831,716,759 | −51,876−3.0% | $251.3M$239.8M | −$7.83M | 1.4%1.4% | +0.03 |
| ABTAbbott Laboratories | ReducedHistory | 2,079,8732,122,405 | −42,532−2.0% | $236.4M$233.6M | −$4.83M | 1.4%1.4% | −0.02 |
| RYRoyal Bank of Canada | ReducedHistory | 2,235,4292,257,807 | −22,378−1.0% | $225.7M$229.4M | −$2.26M | 1.3%1.3% | −0.05 |
| JPMJPMorgan Chase & Co | ReducedHistory | 1,109,5241,145,563 | −36,039−3.1% | $222.2M$194.9M | −$7.22M | 1.3%1.1% | +0.13 |
| BDXBecton Dickinson & Co | AddedHistory | 896,176864,762 | +31,414+3.6% | $221.8M$210.9M | +$7.77M | 1.3%1.2% | +0.03 |
| GOOGAlphabet Inc. | ReducedHistory | 1,453,4491,519,241 | −65,792−4.3% | $221.3M$214.1M | −$10.0M | 1.3%1.3% | +0.01 |
| ORCLOracle Corp | ReducedHistory | 1,658,2301,700,596 | −42,366−2.5% | $208.3M$179.3M | −$5.32M | 1.2%1.1% | +0.14 |
| BSXBoston Scientific Corp | ReducedHistory | 2,962,9103,028,215 | −65,305−2.2% | $202.9M$175.1M | −$4.47M | 1.2%1.0% | +0.13 |
| IQVIQVIA Holdings Inc. | ReducedHistory | 757,397788,895 | −31,498−4.0% | $191.5M$182.5M | −$7.97M | 1.1%1.1% | +0.03 |
| IBKRInteractive Brokers Group, Inc. | ReducedHistory | 1,710,2861,811,804 | −101,518−5.6% | $191.1M$150.2M | −$11.3M | 1.1%0.9% | +0.21 |
| CBChubb Ltd | AddedHistory | 713,854682,646 | +31,208+4.6% | $185.0M$154.3M | +$8.09M | 1.1%0.9% | +0.15 |
| ACNAccenture plc | ReducedHistory | 496,966497,940 | −974−0.2% | $172.3M$174.7M | −$337.6K | 1.0%1.0% | −0.04 |
| DHRDanaher Corp | AddedHistory | 578,039572,858 | +5,181+0.9% | $144.3M$132.5M | +$1.29M | 0.8%0.8% | +0.05 |
| SHWSherwin Williams Co | ReducedHistory | 413,161425,326 | −12,165−2.9% | $143.5M$132.7M | −$4.23M | 0.8%0.8% | +0.04 |
| AMEAmetek Inc | ReducedHistory | 659,935666,750 | −6,815−1.0% | $120.7M$109.9M | −$1.25M | 0.7%0.6% | +0.05 |
| TDToronto Dominion Bank | ReducedHistory | 1,838,7261,917,358 | −78,632−4.1% | $111.1M$124.5M | −$4.75M | 0.6%0.7% | −0.09 |
| BRK.BBerkshire Hathaway Inc | ReducedHistory | 257,522270,728 | −13,206−4.9% | $108.3M$96.6M | −$5.55M | 0.6%0.6% | +0.05 |
| METAMeta Platforms, Inc. | ReducedHistory | 222,128231,704 | −9,576−4.1% | $107.9M$82.0M | −$4.65M | 0.6%0.5% | +0.14 |
| DEODiageo PLC | ReducedHistory | 699,141720,064 | −20,923−2.9% | $104.0M$104.9M | −$3.11M | 0.6%0.6% | −0.02 |
| JNJJohnson & Johnson | ReducedHistory | 654,913682,023 | −27,110−4.0% | $103.6M$106.9M | −$4.29M | 0.6%0.6% | −0.03 |
| TJXTJX Companies Inc | ReducedHistory | 1,020,0461,048,065 | −28,019−2.7% | $103.5M$98.3M | −$2.84M | 0.6%0.6% | +0.02 |
| PGProcter & Gamble Co | ReducedHistory | 622,835643,971 | −21,136−3.3% | $101.1M$94.4M | −$3.43M | 0.6%0.6% | +0.02 |
| ENBEnbridge Inc | ReducedHistory | 2,746,2632,802,524 | −56,261−2.0% | $99.3M$101.4M | −$2.04M | 0.6%0.6% | −0.03 |
| GWREGuidewire Software, Inc. | ReducedHistory | 846,393864,172 | −17,779−2.1% | $98.8M$94.2M | −$2.07M | 0.6%0.6% | +0.01 |
| HDBHDFC Bank Ltd | AddedHistory | 1,640,6491,535,326 | +105,323+6.9% | $91.8M$103.0M | +$5.89M | 0.5%0.6% | −0.08 |
| MDLZMondelez International, Inc. | AddedHistory | 1,257,7561,256,615 | +1,141+0.1% | $88.0M$91.0M | +$79.9K | 0.5%0.5% | −0.03 |
| SITESiteOne Landscape Supply, Inc. | NewHistory | 434,8130 | +434,813 | $75.9M$0 | +$75.9M | 0.4%0.0% | +0.44 |
| ELEstee Lauder Companies Inc | ReducedHistory | 447,589456,163 | −8,574−1.9% | $69.0M$66.7M | −$1.32M | 0.4%0.4% | 0.00 |
| OZKBank OZK | ReducedHistory | 1,487,0941,607,445 | −120,351−7.5% | $67.6M$80.1M | −$5.47M | 0.4%0.5% | −0.08 |
| AFGAmerican Financial Group Inc | ReducedHistory | 491,418504,747 | −13,329−2.6% | $67.1M$60.0M | −$1.82M | 0.4%0.4% | +0.03 |
| LCIILci Industries | ReducedHistory | 539,415550,700 | −11,285−2.0% | $66.4M$69.2M | −$1.39M | 0.4%0.4% | −0.03 |
| MNSTMonster Beverage Corp | ReducedHistory | 1,073,5951,103,174 | −29,579−2.7% | $63.6M$63.6M | −$1.75M | 0.4%0.4% | −0.01 |
| ADSKAutodesk, Inc. | ReducedHistory | 232,115234,709 | −2,594−1.1% | $60.4M$57.1M | −$675.5K | 0.3%0.3% | +0.01 |
| RELXRELX PLC | ReducedHistory | 1,281,4541,314,583 | −33,129−2.5% | $55.5M$52.1M | −$1.43M | 0.3%0.3% | +0.01 |
| CLColgate Palmolive Co | ReducedHistory | 589,084630,312 | −41,228−6.5% | $53.0M$50.2M | −$3.71M | 0.3%0.3% | +0.01 |
| VRSKVerisk Analytics, Inc. | ReducedHistory | 207,012233,791 | −26,779−11.5% | $48.8M$55.8M | −$6.31M | 0.3%0.3% | −0.05 |
| COSTCostco Wholesale Corp | ReducedHistory | 64,40568,743 | −4,338−6.3% | $47.2M$45.4M | −$3.18M | 0.3%0.3% | 0.00 |
| PEGPublic Service Enterprise Group Inc | AddedHistory | 682,0555,530 | +676,525+12,233.7% | $45.5M$338.2K | +$45.2M | 0.3%<0.1% | +0.26 |
| Cyberark Software LtdM2682V108 | Reduced– | 151,038204,291 | −53,253−26.1% | $40.1M$44.7M | −$14.1M | 0.2%0.3% | −0.03 |
| TSMTaiwan Semiconductor Manufacturing Co Ltd | ReducedHistory | 290,390342,606 | −52,216−15.2% | $39.5M$35.6M | −$7.10M | 0.2%0.2% | +0.02 |
| CACCCredit Acceptance Corp | ReducedHistory | 69,66971,262 | −1,593−2.2% | $38.4M$38.0M | −$878.6K | 0.2%0.2% | 0.00 |
| AXAxos Financial, Inc. | ReducedHistory | 651,835825,667 | −173,832−21.1% | $35.2M$45.1M | −$9.39M | 0.2%0.3% | −0.06 |
| CMECME Group Inc. | AddedHistory | 156,920153,870 | +3,050+2.0% | $33.8M$32.4M | +$656.6K | 0.2%0.2% | 0.00 |
| ULUnilever PLC | AddedHistory | 645,631625,189 | +20,442+3.3% | $32.4M$30.3M | +$1.03M | 0.2%0.2% | +0.01 |
| XOMExxonMobil Holdings Corp | ReducedHistory | 276,772291,559 | −14,787−5.1% | $32.2M$29.2M | −$1.72M | 0.2%0.2% | +0.01 |
| PGRProgressive Corp | ReducedHistory | 141,909145,196 | −3,287−2.3% | $29.3M$23.1M | −$679.8K | 0.2%0.1% | +0.03 |
| SAPSAP SE | ReducedHistory | 147,336159,578 | −12,242−7.7% | $28.7M$24.7M | −$2.39M | 0.2%0.1% | +0.02 |
| ADPAutomatic Data Processing Inc | ReducedHistory | 106,094110,797 | −4,703−4.2% | $26.5M$25.8M | −$1.17M | 0.2%0.2% | 0.00 |
| SFBSServisFirst Bancshares, Inc. | AddedHistory | 398,340263,663 | +134,677+51.1% | $26.4M$17.6M | +$8.94M | 0.2%0.1% | +0.05 |
| ASMLASML Holding NV | ReducedHistory | 27,09828,212 | −1,114−3.9% | $26.3M$21.4M | −$1.08M | 0.2%0.1% | +0.03 |
| LLYEli Lilly & Co | ReducedHistory | 31,66738,670 | −7,003−18.1% | $24.6M$22.5M | −$5.45M | 0.1%0.1% | +0.01 |
| ABBVAbbVie Inc. | ReducedHistory | 131,678143,632 | −11,954−8.3% | $24.0M$22.3M | −$2.18M | 0.1%0.1% | +0.01 |
| SPYSPDR S&P 500 ETF Trust | ReducedHistory | 45,66146,406 | −745−1.6% | $23.9M$22.1M | −$389.7K | 0.1%0.1% | +0.01 |
| BKNGBooking Holdings Inc. | ReducedHistory | 5,70427,794 | −22,090−79.5% | $20.7M$98.6M | −$80.1M | 0.1%0.6% | −0.46 |
| ALCAlcon Inc | ReducedHistory | 234,786239,574 | −4,788−2.0% | $19.6M$18.7M | −$398.8K | 0.1%0.1% | 0.00 |
| iShares Trust iShares 0-1 Year Treasury Bond ETF464288679 | –– | 167,621– | – | $18.5M$387.4K | – | 0.1%<0.1% | +0.10 |
| CMCSAComcast Corp | ReducedHistory | 424,058455,388 | −31,330−6.9% | $18.4M$20.0M | −$1.36M | 0.1%0.1% | −0.01 |
| PBAPembina Pipeline Corp | ReducedHistory | 496,971505,484 | −8,513−1.7% | $17.6M$17.5M | −$300.8K | 0.1%0.1% | 0.00 |
| ZTSZoetis Inc. | ReducedHistory | 102,035111,346 | −9,311−8.4% | $17.3M$22.0M | −$1.58M | 0.1%0.1% | −0.03 |
| TUTelus Corp | ReducedHistory | 956,5211,075,068 | −118,547−11.0% | $15.3M$19.2M | −$1.90M | 0.1%0.1% | −0.03 |
| NVONovo Nordisk A S | ReducedHistory | 119,052123,732 | −4,680−3.8% | $15.3M$12.8M | −$600.9K | 0.1%0.1% | +0.01 |
| NTRNutrien Ltd. | ReducedHistory | 278,636340,744 | −62,108−18.2% | $15.2M$19.3M | −$3.38M | 0.1%0.1% | −0.03 |
| SLFSun Life Financial Inc | AddedHistory | 231,046231,027 | +190.0% | $12.6M$12.0M | +$1.04K | 0.1%0.1% | 0.00 |
| CVXChevron Corp | ReducedHistory | 70,99176,410 | −5,419−7.1% | $11.2M$11.4M | −$854.8K | 0.1%0.1% | 0.00 |
| BCEBce Inc | ReducedHistory | 294,459390,578 | −96,119−24.6% | $10.0M$15.5M | −$3.27M | 0.1%0.1% | −0.03 |
| AAPLApple Inc. | ReducedHistory | 56,90667,405 | −10,499−15.6% | $9.75M$13.0M | −$1.80M | 0.1%0.1% | −0.02 |
| TFPMTriple Flag Precious Metals Corp. | AddedHistory | 628,068294,900 | +333,168+113.0% | $9.08M$3.95M | +$4.82M | 0.1%<0.1% | +0.03 |
| NUNu Holdings Ltd. | AddedHistory | 723,126716,716 | +6,410+0.9% | $8.63M$5.97M | +$76.5K | <0.1%<0.1% | +0.01 |
| TCOMTrip.com Group Ltd | UnchangedHistory | 184,272184,272 | 00.0% | $8.09M$6.64M | $0 | <0.1%<0.1% | +0.01 |
| KMBKimberly Clark Corp | ReducedHistory | 59,15563,025 | −3,870−6.1% | $7.65M$7.66M | −$500.6K | <0.1%<0.1% | 0.00 |
| CVSCVS Health Corp | ReducedHistory | 94,545105,430 | −10,885−10.3% | $7.54M$8.32M | −$868.2K | <0.1%<0.1% | −0.01 |
| FMXMexican Economic Development Inc | ReducedHistory | 57,04760,707 | −3,660−6.0% | $7.43M$7.91M | −$476.8K | <0.1%<0.1% | 0.00 |
| XPXP Inc. | AddedHistory | 285,128282,418 | +2,710+1.0% | $7.32M$7.36M | +$69.5K | <0.1%<0.1% | 0.00 |
| EMREmerson Electric Co | ReducedHistory | 60,95072,353 | −11,403−15.8% | $6.91M$7.04M | −$1.29M | <0.1%<0.1% | 0.00 |
| BAPCredicorp Ltd | AddedHistory | 39,59539,425 | +170+0.4% | $6.71M$5.91M | +$28.8K | <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.