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Jarislowsky, Fraser Ltd

SEC CIK
0001123778
Latest filing
Oct 21, 2025

Holdings in Q3 2025

Holdings as of Sep 30, 2025, filed Oct 21, 2025. Long positions only; changes compare share counts with Q2 2025.

Institution overview
Positions
192
+4 vs. Q2 2025
Portfolio value
$18.2B
+$691.2M (+3.9%) vs. Q2 2025
Filed
Oct 21, 2025
SEC
Holdings of Jarislowsky, Fraser Ltd in Q3 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
BNBROOKFIELD CorpCL A LTD VT SH14,806,245$1.02B5.6%−700,283−4.5%ReducedHistory
TDToronto Dominion BankStock11,728,785$938.0M5.2%−267,746−2.2%ReducedHistory
CNICanadian National Railway CoStock8,871,249$836.8M4.6%−370,454−4.0%ReducedHistory
OTEXOpen Text CorpCOM21,150,154$790.7M4.3%+117,436+0.6%AddedHistory
BMOBank of MontrealCOM5,833,830$760.4M4.2%−566,349−8.8%ReducedHistory
SHOPShopify Inc.Stock4,861,383$722.4M4.0%−221,596−4.4%ReducedHistory
MSFTMicrosoft CorpStock1,277,760$661.8M3.6%−119,794−8.6%ReducedHistory
CAECae IncCOM20,943,262$620.3M3.4%−805,474−3.7%ReducedHistory
TRPTC Energy CorpCOM10,751,401$584.7M3.2%−492,953−4.4%ReducedHistory
FNVFranco Nevada CorpStock2,462,713$548.3M3.0%−334,297−12.0%ReducedHistory
TRIThomson Reuters CorpCOM NO PAR2,886,701$448.3M2.5%−124,059−4.1%ReducedHistory
STNStantec IncCOM4,082,124$440.3M2.4%−881,942−17.8%ReducedHistory
AMZNAmazon Com IncStock1,981,602$435.1M2.4%−29,879−1.5%ReducedHistory
GILGildan Activewear Inc.Stock6,848,156$395.7M2.2%−564,050−7.6%ReducedHistory
GIBCgi IncCL A4,033,813$359.4M2.0%−184,431−4.4%ReducedHistory
PBAPembina Pipeline CorpCOM8,814,455$356.5M2.0%+8,372,612+1,894.9%AddedHistory
ORCLOracle CorpStock1,220,787$343.3M1.9%−206,236−14.5%ReducedHistory
CIGIColliers International Group Inc.SUB VTG SHS2,115,789$331.0M1.8%−417,047−16.5%ReducedHistory
MAMastercard IncStock547,672$311.5M1.7%−15,077−2.7%ReducedHistory
ABTAbbott LaboratoriesStock2,158,089$289.1M1.6%−37,740−1.7%ReducedHistory
TFIITFI International Inc.COM3,201,844$281.8M1.5%−102,189−3.1%ReducedHistory
JPMJPMorgan Chase & CoStock878,324$277.0M1.5%−47,756−5.2%ReducedHistory
GOOGAlphabet Inc.Stock1,078,837$262.8M1.4%−65,361−5.7%ReducedHistory
GOOGLAlphabet Inc.Stock1,079,717$262.5M1.4%−135,765−11.2%ReducedHistory
IBKRInteractive Brokers Group, Inc.Stock3,724,608$256.3M1.4%−492,093−11.7%ReducedHistory
RYRoyal Bank of CanadaStock1,645,780$242.6M1.3%−337,524−17.0%ReducedHistory
DSGXDescartes Systems Group IncCOM2,483,153$233.9M1.3%−121,694−4.7%ReducedHistory
UNHUnitedHealth Group IncStock664,655$229.5M1.3%−4,839−0.7%ReducedHistory
BSXBoston Scientific CorpStock2,192,794$214.1M1.2%−76,179−3.4%ReducedHistory
QSRRestaurant Brands International Inc.COM3,263,219$209.4M1.2%−148,118−4.3%ReducedHistory
TSMTaiwan Semiconductor Manufacturing Co LtdADR739,611$206.6M1.1%−1,098−0.1%ReducedHistory
RBARB Global Inc.COM1,805,849$195.6M1.1%+1,805,849NewHistory
FISVFiserv IncStock1,508,425$194.5M1.1%+125,513+9.1%AddedHistory
PEPPepsiCo IncStock1,302,013$182.9M1.0%+1,885+0.1%AddedHistory
BDXBecton Dickinson & CoStock935,130$175.0M1.0%−6,673−0.7%ReducedHistory
METAMeta Platforms, Inc.Stock235,586$173.0M1.0%+62,640+36.2%AddedHistory
IQVIQVIA Holdings Inc.Stock785,658$149.2M0.8%−7,365−0.9%ReducedHistory
CPRTCopart IncCOM3,112,375$140.0M0.8%−82,339−2.6%ReducedHistory
AVGOBroadcom Inc.Stock420,881$138.9M0.8%−3,533−0.8%ReducedHistory
ACNAccenture plcStock535,794$132.1M0.7%−17,233−3.1%ReducedHistory
TJXTJX Companies IncStock888,931$128.5M0.7%−5,173−0.6%ReducedHistory
SHWSherwin Williams CoCOM346,536$120.0M0.7%−9,809−2.8%ReducedHistory
AMEAmetek IncCOM614,702$115.6M0.6%−9,712−1.6%ReducedHistory
HDBHDFC Bank LtdSPONSORED ADS3,317,169$113.3M0.6%−313,727−8.6%ReducedConverted for a 2-for-1 splitHistory
BRK.BBerkshire Hathaway IncStock221,593$111.4M0.6%−6,141−2.7%ReducedHistory
DHRDanaher CorpStock554,230$109.9M0.6%−11,836−2.1%ReducedHistory
CDNSCadence Design Systems IncStock303,436$106.6M0.6%−2,671−0.9%ReducedHistory
MFCManulife Financial CorpCOM3,273,476$102.0M0.6%−107,491−3.2%ReducedHistory
GWREGuidewire Software, Inc.COM439,972$101.1M0.6%−5,260−1.2%ReducedHistory
MDLZMondelez International, Inc.Stock1,552,357$97.0M0.5%+127,412+8.9%AddedHistory
INTUIntuit Inc.Stock132,503$90.5M0.5%+132,503NewHistory
PEGPublic Service Enterprise Group IncCOM1,025,305$85.6M0.5%+530,248+107.1%AddedHistory
OZKBank OZKCOM1,658,271$84.5M0.5%−143,928−8.0%ReducedHistory
ENBEnbridge IncStock1,671,318$84.3M0.5%−49,575−2.9%ReducedHistory
JNJJohnson & JohnsonStock450,506$83.5M0.5%−22,340−4.7%ReducedHistory
BNSBank of Nova ScotiaCOM1,242,357$80.4M0.4%−121,010−8.9%ReducedHistory
CBChubb LtdStock278,658$78.7M0.4%−8,218−2.9%ReducedHistory
MNSTMonster Beverage CorpCOM1,074,573$72.3M0.4%−15,147−1.4%ReducedHistory
PGProcter & Gamble CoStock404,384$62.1M0.3%−17,538−4.2%ReducedHistory
ASMLASML Holding NVADR62,723$60.7M0.3%+179+0.3%AddedHistory
RELXRELX PLCSPONSORED ADR1,129,509$53.9M0.3%−19,668−1.7%ReducedHistory
AFGAmerican Financial Group IncCOM369,784$53.9M0.3%−3,582−1.0%ReducedHistory
CMECME Group Inc.COM175,151$47.3M0.3%−3,858−2.2%ReducedHistory
SAPSAP SEADR165,093$44.1M0.2%+20,512+14.2%AddedHistory
COSTCostco Wholesale CorpStock43,841$40.6M0.2%−2,777−6.0%ReducedHistory
ULUnilever PLCSPON ADR NEW676,812$40.1M0.2%+20,490+3.1%AddedHistory
CLColgate Palmolive CoStock418,440$33.5M0.2%−29,662−6.6%ReducedHistory
DEODiageo PLCSPON ADR NEW339,798$32.4M0.2%−263,612−43.7%ReducedHistory
AXAxos Financial, Inc.COM382,183$32.4M0.2%−4,477−1.2%ReducedHistory
CACCCredit Acceptance CorpCOM69,214$32.3M0.2%−1,265−1.8%ReducedHistory
SPYSPDR S&P 500 ETF TrustETF41,279$27.5M0.2%−9,519−18.7%ReducedHistory
SFBSServisFirst Bancshares, Inc.COM303,115$24.4M0.1%−3,067−1.0%ReducedHistory
PGRProgressive CorpStock91,262$22.5M0.1%−900−1.0%ReducedHistory
LCIILci IndustriesCOM236,956$22.1M0.1%−2,287−1.0%ReducedHistory
VRSKVerisk Analytics, Inc.COM86,669$21.8M0.1%−11,369−11.6%ReducedHistory
ABBVAbbVie Inc.Stock88,873$20.6M0.1%+90+0.1%AddedHistory
ADSKAutodesk, Inc.COM59,225$18.8M0.1%−282,806−82.7%ReducedHistory
ALCAlcon IncStock230,438$17.2M0.1%−4,104−1.7%ReducedHistory
XOMExxonMobil Holdings CorpCOM142,564$16.1M0.1%−1,663−1.2%ReducedHistory
LLYEli Lilly & CoStock20,327$15.5M0.1%−220−1.1%ReducedHistory
SESea LtdSPONSORD ADS86,522$15.5M0.1%−2,958−3.3%ReducedHistory
ADPAutomatic Data Processing IncStock52,462$15.4M0.1%−9,210−14.9%ReducedHistory
MELIMercadolibre IncCOM6,175$14.4M0.1%+28+0.5%AddedHistory
TFPMTriple Flag Precious Metals Corp.Stock443,713$13.0M0.1%−82,510−15.7%ReducedHistory
TCOMTrip.com Group LtdADS166,860$12.5M0.1%−4,263−2.5%ReducedHistory
AAPLApple Inc.Stock44,738$11.4M0.1%−7,650−14.6%ReducedHistory
ZTSZoetis Inc.Stock76,698$11.2M0.1%−6,724−8.1%ReducedHistory
NTRNutrien Ltd.COM181,665$10.7M0.1%−1,906−1.0%ReducedHistory
NUNu Holdings Ltd.ORD SHS CL A651,820$10.4M0.1%+2,580+0.4%AddedHistory
BAPCredicorp LtdCOM38,882$10.4M0.1%−7,758−16.6%ReducedHistory
iShares Tr464288646ISHS 1-5YR INVS–$10.2M0.1%–––
TUTelus CorpCOM645,207$10.2M0.1%−9,566−1.5%ReducedHistory
BKNGBooking Holdings Inc.Stock1,634$8.82M<0.1%−76−4.4%ReducedHistory
ATSATS CorpCOM334,904$8.76M<0.1%−44,304−11.7%ReducedHistory
NVDANVIDIA CorpStock45,038$8.40M<0.1%+37,758+518.7%AddedHistory
HLNHaleon plcADR821,006$7.36M<0.1%+90,904+12.5%AddedHistory
NVSNovartis AGADR52,037$6.67M<0.1%−1,410−2.6%ReducedHistory
EMREmerson Electric CoStock45,460$5.96M<0.1%00.0%UnchangedHistory
CMCSAComcast CorpStock176,738$5.55M<0.1%−18,998−9.7%ReducedHistory
FMXMexican Economic Development IncSPON ADR UNITS55,306$5.45M<0.1%−1,150−2.0%ReducedHistory

Sold out since Q2 2025 (1)

Positions held at the end of Q2 2025 that are gone from this filing.

Positions of Jarislowsky, Fraser Ltd sold out since Q2 2025
SecurityClassShares in Q2 2025Value in Q2 2025% of portfolio in Q2 2025History
AMDAdvanced Micro Devices IncStock1,548$219.7K<0.1%History