Jarislowsky, Fraser Ltd
- SEC CIK
- 0001123778
- Latest filing
- Oct 21, 2025
Holdings changes from Q2 2025 to Q3 2025
Long positions only; new, added, reduced and sold out are based on share counts. Pick any two quarters this institution filed.
- New
- 5
- Est. +$287.5M
- Added
- 40
- Est. +$477.7M
- Reduced
- 115
- Est. −$1.25B
- Sold out
- 1
- Est. −$219.7K
Portfolio value went from $17.5B to $18.2B (+$691.2M (+3.9%)); positions from 188 to 192 (+4).
All Q3 2025 holdingsAll Q2 2025 holdings
In the shares, value and % of portfolio columns, the top figure is Q3 2025 and the gray one below is Q2 2025. For stocks that split between the two quarters, Q2 2025 shares are converted at the split ratio before comparing.
| Security | Action | Shares | Share change | Value | Est. bought or sold | % of portfolio | Weight change (pp) |
|---|---|---|---|---|---|---|---|
| BNBROOKFIELD Corp | ReducedHistory | 14,806,24515,506,528 | −700,283−4.5% | $1.02B$957.8M | −$48.1M | 5.6%5.5% | +0.11 |
| TDToronto Dominion Bank | ReducedHistory | 11,728,78511,996,531 | −267,746−2.2% | $938.0M$880.6M | −$21.4M | 5.2%5.0% | +0.12 |
| CNICanadian National Railway Co | ReducedHistory | 8,871,2499,241,703 | −370,454−4.0% | $836.8M$961.0M | −$34.9M | 4.6%5.5% | −0.89 |
| OTEXOpen Text Corp | AddedHistory | 21,150,15421,032,718 | +117,436+0.6% | $790.7M$613.3M | +$4.39M | 4.3%3.5% | +0.84 |
| BMOBank of Montreal | ReducedHistory | 5,833,8306,400,179 | −566,349−8.8% | $760.4M$707.8M | −$73.8M | 4.2%4.0% | +0.14 |
| SHOPShopify Inc. | ReducedHistory | 4,861,3835,082,979 | −221,596−4.4% | $722.4M$585.1M | −$32.9M | 4.0%3.3% | +0.63 |
| MSFTMicrosoft Corp | ReducedHistory | 1,277,7601,397,554 | −119,794−8.6% | $661.8M$695.2M | −$62.0M | 3.6%4.0% | −0.33 |
| CAECae Inc | ReducedHistory | 20,943,26221,748,736 | −805,474−3.7% | $620.3M$636.1M | −$23.9M | 3.4%3.6% | −0.23 |
| TRPTC Energy Corp | ReducedHistory | 10,751,40111,244,354 | −492,953−4.4% | $584.7M$547.8M | −$26.8M | 3.2%3.1% | +0.08 |
| FNVFranco Nevada Corp | ReducedHistory | 2,462,7132,797,010 | −334,297−12.0% | $548.3M$458.3M | −$74.4M | 3.0%2.6% | +0.40 |
| TRIThomson Reuters Corp | ReducedHistory | 2,886,7013,010,760 | −124,059−4.1% | $448.3M$604.2M | −$19.3M | 2.5%3.5% | −0.99 |
| STNStantec Inc | ReducedHistory | 4,082,1244,964,066 | −881,942−17.8% | $440.3M$539.0M | −$95.1M | 2.4%3.1% | −0.66 |
| AMZNAmazon Com Inc | ReducedHistory | 1,981,6022,011,481 | −29,879−1.5% | $435.1M$441.3M | −$6.56M | 2.4%2.5% | −0.13 |
| GILGildan Activewear Inc. | ReducedHistory | 6,848,1567,412,206 | −564,050−7.6% | $395.7M$364.5M | −$32.6M | 2.2%2.1% | +0.09 |
| GIBCgi Inc | ReducedHistory | 4,033,8134,218,244 | −184,431−4.4% | $359.4M$442.1M | −$16.4M | 2.0%2.5% | −0.55 |
| PBAPembina Pipeline Corp | AddedHistory | 8,814,455441,843 | +8,372,612+1,894.9% | $356.5M$16.6M | +$338.6M | 2.0%0.1% | +1.86 |
| ORCLOracle Corp | ReducedHistory | 1,220,7871,427,023 | −206,236−14.5% | $343.3M$312.0M | −$58.0M | 1.9%1.8% | +0.10 |
| CIGIColliers International Group Inc. | ReducedHistory | 2,115,7892,532,836 | −417,047−16.5% | $331.0M$330.7M | −$65.2M | 1.8%1.9% | −0.07 |
| MAMastercard Inc | ReducedHistory | 547,672562,749 | −15,077−2.7% | $311.5M$316.2M | −$8.58M | 1.7%1.8% | −0.09 |
| ABTAbbott Laboratories | ReducedHistory | 2,158,0892,195,829 | −37,740−1.7% | $289.1M$298.7M | −$5.05M | 1.6%1.7% | −0.12 |
| TFIITFI International Inc. | ReducedHistory | 3,201,8443,304,033 | −102,189−3.1% | $281.8M$296.0M | −$9.00M | 1.5%1.7% | −0.14 |
| JPMJPMorgan Chase & Co | ReducedHistory | 878,324926,080 | −47,756−5.2% | $277.0M$268.5M | −$15.1M | 1.5%1.5% | −0.01 |
| GOOGAlphabet Inc. | ReducedHistory | 1,078,8371,144,198 | −65,361−5.7% | $262.8M$203.0M | −$15.9M | 1.4%1.2% | +0.28 |
| GOOGLAlphabet Inc. | ReducedHistory | 1,079,7171,215,482 | −135,765−11.2% | $262.5M$214.2M | −$33.0M | 1.4%1.2% | +0.22 |
| IBKRInteractive Brokers Group, Inc. | ReducedHistory | 3,724,6084,216,701 | −492,093−11.7% | $256.3M$233.6M | −$33.9M | 1.4%1.3% | +0.07 |
| RYRoyal Bank of Canada | ReducedHistory | 1,645,7801,983,304 | −337,524−17.0% | $242.6M$260.9M | −$49.8M | 1.3%1.5% | −0.16 |
| DSGXDescartes Systems Group Inc | ReducedHistory | 2,483,1532,604,847 | −121,694−4.7% | $233.9M$264.1M | −$11.5M | 1.3%1.5% | −0.22 |
| UNHUnitedHealth Group Inc | ReducedHistory | 664,655669,494 | −4,839−0.7% | $229.5M$208.9M | −$1.67M | 1.3%1.2% | +0.07 |
| BSXBoston Scientific Corp | ReducedHistory | 2,192,7942,268,973 | −76,179−3.4% | $214.1M$243.7M | −$7.44M | 1.2%1.4% | −0.22 |
| QSRRestaurant Brands International Inc. | ReducedHistory | 3,263,2193,411,337 | −148,118−4.3% | $209.4M$225.8M | −$9.50M | 1.2%1.3% | −0.14 |
| TSMTaiwan Semiconductor Manufacturing Co Ltd | ReducedHistory | 739,611740,709 | −1,098−0.1% | $206.6M$167.8M | −$306.7K | 1.1%1.0% | +0.18 |
| RBARB Global Inc. | NewHistory | 1,805,8490 | +1,805,849 | $195.6M$0 | +$195.6M | 1.1%0.0% | +1.08 |
| FISVFiserv Inc | AddedHistory | 1,508,4251,382,912 | +125,513+9.1% | $194.5M$238.4M | +$16.2M | 1.1%1.4% | −0.29 |
| PEPPepsiCo Inc | AddedHistory | 1,302,0131,300,128 | +1,885+0.1% | $182.9M$171.7M | +$264.7K | 1.0%1.0% | +0.02 |
| BDXBecton Dickinson & Co | ReducedHistory | 935,130941,803 | −6,673−0.7% | $175.0M$162.2M | −$1.25M | 1.0%0.9% | +0.04 |
| METAMeta Platforms, Inc. | AddedHistory | 235,586172,946 | +62,640+36.2% | $173.0M$127.6M | +$46.0M | 1.0%0.7% | +0.22 |
| IQVIQVIA Holdings Inc. | ReducedHistory | 785,658793,023 | −7,365−0.9% | $149.2M$125.0M | −$1.40M | 0.8%0.7% | +0.11 |
| CPRTCopart Inc | ReducedHistory | 3,112,3753,194,714 | −82,339−2.6% | $140.0M$156.8M | −$3.70M | 0.8%0.9% | −0.13 |
| AVGOBroadcom Inc. | ReducedHistory | 420,881424,414 | −3,533−0.8% | $138.9M$117.0M | −$1.17M | 0.8%0.7% | +0.09 |
| ACNAccenture plc | ReducedHistory | 535,794553,027 | −17,233−3.1% | $132.1M$165.3M | −$4.25M | 0.7%0.9% | −0.22 |
| TJXTJX Companies Inc | ReducedHistory | 888,931894,104 | −5,173−0.6% | $128.5M$110.4M | −$747.7K | 0.7%0.6% | +0.08 |
| SHWSherwin Williams Co | ReducedHistory | 346,536356,345 | −9,809−2.8% | $120.0M$122.4M | −$3.40M | 0.7%0.7% | −0.04 |
| AMEAmetek Inc | ReducedHistory | 614,702624,414 | −9,712−1.6% | $115.6M$113.0M | −$1.83M | 0.6%0.6% | −0.01 |
| HDBHDFC Bank Ltd | ReducedConverted for a 2-for-1 splitHistory | 3,317,1693,630,896 | −313,727−8.6% | $113.3M$139.2M | −$10.7M | 0.6%0.8% | −0.17 |
| BRK.BBerkshire Hathaway Inc | ReducedHistory | 221,593227,734 | −6,141−2.7% | $111.4M$110.6M | −$3.09M | 0.6%0.6% | −0.02 |
| DHRDanaher Corp | ReducedHistory | 554,230566,066 | −11,836−2.1% | $109.9M$111.8M | −$2.35M | 0.6%0.6% | −0.03 |
| CDNSCadence Design Systems Inc | ReducedHistory | 303,436306,107 | −2,671−0.9% | $106.6M$94.3M | −$938.2K | 0.6%0.5% | +0.05 |
| MFCManulife Financial Corp | ReducedHistory | 3,273,4763,380,967 | −107,491−3.2% | $102.0M$107.9M | −$3.35M | 0.6%0.6% | −0.06 |
| GWREGuidewire Software, Inc. | ReducedHistory | 439,972445,232 | −5,260−1.2% | $101.1M$104.8M | −$1.21M | 0.6%0.6% | −0.04 |
| MDLZMondelez International, Inc. | AddedHistory | 1,552,3571,424,945 | +127,412+8.9% | $97.0M$96.1M | +$7.96M | 0.5%0.5% | −0.02 |
| INTUIntuit Inc. | NewHistory | 132,5030 | +132,503 | $90.5M$0 | +$90.5M | 0.5%0.0% | +0.50 |
| PEGPublic Service Enterprise Group Inc | AddedHistory | 1,025,305495,057 | +530,248+107.1% | $85.6M$41.7M | +$44.3M | 0.5%0.2% | +0.23 |
| OZKBank OZK | ReducedHistory | 1,658,2711,802,199 | −143,928−8.0% | $84.5M$84.8M | −$7.34M | 0.5%0.5% | −0.02 |
| ENBEnbridge Inc | ReducedHistory | 1,671,3181,720,893 | −49,575−2.9% | $84.3M$77.9M | −$2.50M | 0.5%0.4% | +0.02 |
| JNJJohnson & Johnson | ReducedHistory | 450,506472,846 | −22,340−4.7% | $83.5M$72.2M | −$4.14M | 0.5%0.4% | +0.05 |
| BNSBank of Nova Scotia | ReducedHistory | 1,242,3571,363,367 | −121,010−8.9% | $80.4M$75.2M | −$7.83M | 0.4%0.4% | +0.01 |
| CBChubb Ltd | ReducedHistory | 278,658286,876 | −8,218−2.9% | $78.7M$83.1M | −$2.32M | 0.4%0.5% | −0.04 |
| MNSTMonster Beverage Corp | ReducedHistory | 1,074,5731,089,720 | −15,147−1.4% | $72.3M$68.3M | −$1.02M | 0.4%0.4% | +0.01 |
| PGProcter & Gamble Co | ReducedHistory | 404,384421,922 | −17,538−4.2% | $62.1M$67.2M | −$2.69M | 0.3%0.4% | −0.04 |
| ASMLASML Holding NV | AddedHistory | 62,72362,544 | +179+0.3% | $60.7M$50.1M | +$173.3K | 0.3%0.3% | +0.05 |
| RELXRELX PLC | ReducedHistory | 1,129,5091,149,177 | −19,668−1.7% | $53.9M$62.4M | −$939.3K | 0.3%0.4% | −0.06 |
| AFGAmerican Financial Group Inc | ReducedHistory | 369,784373,366 | −3,582−1.0% | $53.9M$47.1M | −$522.0K | 0.3%0.3% | +0.03 |
| CMECME Group Inc. | ReducedHistory | 175,151179,009 | −3,858−2.2% | $47.3M$49.3M | −$1.04M | 0.3%0.3% | −0.02 |
| SAPSAP SE | AddedHistory | 165,093144,581 | +20,512+14.2% | $44.1M$44.0M | +$5.48M | 0.2%0.3% | −0.01 |
| COSTCostco Wholesale Corp | ReducedHistory | 43,84146,618 | −2,777−6.0% | $40.6M$46.1M | −$2.57M | 0.2%0.3% | −0.04 |
| ULUnilever PLC | AddedHistory | 676,812656,322 | +20,490+3.1% | $40.1M$40.1M | +$1.21M | 0.2%0.2% | −0.01 |
| CLColgate Palmolive Co | ReducedHistory | 418,440448,102 | −29,662−6.6% | $33.5M$40.7M | −$2.37M | 0.2%0.2% | −0.05 |
| DEODiageo PLC | ReducedHistory | 339,798603,410 | −263,612−43.7% | $32.4M$60.8M | −$25.2M | 0.2%0.3% | −0.17 |
| AXAxos Financial, Inc. | ReducedHistory | 382,183386,660 | −4,477−1.2% | $32.4M$29.4M | −$379.0K | 0.2%0.2% | +0.01 |
| CACCCredit Acceptance Corp | ReducedHistory | 69,21470,479 | −1,265−1.8% | $32.3M$35.9M | −$590.7K | 0.2%0.2% | −0.03 |
| SPYSPDR S&P 500 ETF Trust | ReducedHistory | 41,27950,798 | −9,519−18.7% | $27.5M$31.4M | −$6.34M | 0.2%0.2% | −0.03 |
| SFBSServisFirst Bancshares, Inc. | ReducedHistory | 303,115306,182 | −3,067−1.0% | $24.4M$23.7M | −$247.0K | 0.1%0.1% | 0.00 |
| PGRProgressive Corp | ReducedHistory | 91,26292,162 | −900−1.0% | $22.5M$24.6M | −$222.3K | 0.1%0.1% | −0.02 |
| LCIILci Industries | ReducedHistory | 236,956239,243 | −2,287−1.0% | $22.1M$21.8M | −$213.0K | 0.1%0.1% | 0.00 |
| VRSKVerisk Analytics, Inc. | ReducedHistory | 86,66998,038 | −11,369−11.6% | $21.8M$30.5M | −$2.86M | 0.1%0.2% | −0.05 |
| ABBVAbbVie Inc. | AddedHistory | 88,87388,783 | +90+0.1% | $20.6M$16.5M | +$20.8K | 0.1%0.1% | +0.02 |
| ADSKAutodesk, Inc. | ReducedHistory | 59,225342,031 | −282,806−82.7% | $18.8M$105.9M | −$89.8M | 0.1%0.6% | −0.50 |
| ALCAlcon Inc | ReducedHistory | 230,438234,542 | −4,104−1.7% | $17.2M$20.7M | −$305.8K | 0.1%0.1% | −0.02 |
| XOMExxonMobil Holdings Corp | ReducedHistory | 142,564144,227 | −1,663−1.2% | $16.1M$15.5M | −$187.5K | 0.1%0.1% | 0.00 |
| LLYEli Lilly & Co | ReducedHistory | 20,32720,547 | −220−1.1% | $15.5M$16.0M | −$167.9K | 0.1%0.1% | −0.01 |
| SESea Ltd | ReducedHistory | 86,52289,480 | −2,958−3.3% | $15.5M$14.3M | −$528.7K | 0.1%0.1% | 0.00 |
| ADPAutomatic Data Processing Inc | ReducedHistory | 52,46261,672 | −9,210−14.9% | $15.4M$19.0M | −$2.70M | 0.1%0.1% | −0.02 |
| MELIMercadolibre Inc | AddedHistory | 6,1756,147 | +28+0.5% | $14.4M$16.1M | +$65.4K | 0.1%0.1% | −0.01 |
| TFPMTriple Flag Precious Metals Corp. | ReducedHistory | 443,713526,223 | −82,510−15.7% | $13.0M$12.5M | −$2.42M | 0.1%0.1% | 0.00 |
| TCOMTrip.com Group Ltd | ReducedHistory | 166,860171,123 | −4,263−2.5% | $12.5M$10.0M | −$320.6K | 0.1%0.1% | +0.01 |
| AAPLApple Inc. | ReducedHistory | 44,73852,388 | −7,650−14.6% | $11.4M$10.7M | −$1.95M | 0.1%0.1% | 0.00 |
| ZTSZoetis Inc. | ReducedHistory | 76,69883,422 | −6,724−8.1% | $11.2M$13.0M | −$983.9K | 0.1%0.1% | −0.01 |
| NTRNutrien Ltd. | ReducedHistory | 181,665183,571 | −1,906−1.0% | $10.7M$10.7M | −$112.0K | 0.1%0.1% | 0.00 |
| NUNu Holdings Ltd. | AddedHistory | 651,820649,240 | +2,580+0.4% | $10.4M$8.91M | +$41.3K | 0.1%0.1% | +0.01 |
| BAPCredicorp Ltd | ReducedHistory | 38,88246,640 | −7,758−16.6% | $10.4M$10.4M | −$2.07M | 0.1%0.1% | 0.00 |
| iShares Tr464288646 | –– | –– | – | $10.2M$6.80M | – | 0.1%<0.1% | +0.02 |
| TUTelus Corp | ReducedHistory | 645,207654,773 | −9,566−1.5% | $10.2M$10.5M | −$150.7K | 0.1%0.1% | 0.00 |
| BKNGBooking Holdings Inc. | ReducedHistory | 1,6341,710 | −76−4.4% | $8.82M$9.90M | −$410.3K | <0.1%0.1% | −0.01 |
| ATSATS Corp | ReducedHistory | 334,904379,208 | −44,304−11.7% | $8.76M$12.1M | −$1.16M | <0.1%0.1% | −0.02 |
| NVDANVIDIA Corp | AddedHistory | 45,0387,280 | +37,758+518.7% | $8.40M$1.15M | +$7.04M | <0.1%<0.1% | +0.04 |
| HLNHaleon plc | AddedHistory | 821,006730,102 | +90,904+12.5% | $7.36M$7.57M | +$815.4K | <0.1%<0.1% | 0.00 |
| NVSNovartis AG | ReducedHistory | 52,03753,447 | −1,410−2.6% | $6.67M$6.47M | −$180.8K | <0.1%<0.1% | 0.00 |
| EMREmerson Electric Co | UnchangedHistory | 45,46045,460 | 00.0% | $5.96M$6.06M | $0 | <0.1%<0.1% | 0.00 |
| CMCSAComcast Corp | ReducedHistory | 176,738195,736 | −18,998−9.7% | $5.55M$6.99M | −$596.9K | <0.1%<0.1% | −0.01 |
| FMXMexican Economic Development Inc | ReducedHistory | 55,30656,456 | −1,150−2.0% | $5.45M$5.81M | −$113.4K | <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.