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Beutel, Goodman & Co Ltd.

SEC CIK
0001361974
Latest filing
Aug 12, 2026

Holdings in Q4 2021

Holdings as of Dec 31, 2021, filed Feb 14, 2022. Long positions only; changes compare share counts with Q3 2021.

Institution overview
Positions
67
+1 vs. Q3 2021
Portfolio value
$17.5B
+$1.18B (+7.2%) vs. Q3 2021
Filed
Feb 14, 2022
SEC
Holdings of Beutel, Goodman & Co Ltd. in Q4 2021
SecurityClassSharesValue% of portfolioShare changeActionHistory
TDToronto Dominion BankStock18,932,612$1.45B8.3%−981,234−4.9%ReducedHistory
RYRoyal Bank of CanadaStock8,445,336$894.3M5.1%−105,698−1.2%ReducedHistory
BAMBrookfield Asset Management Ltd.CL A LTD VT SH13,247,332$798.2M4.6%−873,395−6.2%ReducedHistory
CNICanadian National Railway CoStock6,286,885$770.5M4.4%+243,334+4.0%AddedHistory
RCIRogers Communications IncCL B14,662,358$696.6M4.0%−160,661−1.1%ReducedHistory
SLFSun Life Financial IncCOM11,329,308$629.2M3.6%−135,572−1.2%ReducedHistory
TRPTC Energy CorpCOM13,174,084$611.3M3.5%−161,775−1.2%ReducedHistory
QSRRestaurant Brands International Inc.COM8,678,380$525.0M3.0%+2,366,784+37.5%AddedHistory
NTRNutrien Ltd.COM5,981,919$448.6M2.6%−92,509−1.5%ReducedHistory
MFCManulife Financial CorpCOM23,094,468$439.2M2.5%+3,433,397+17.5%AddedHistory
MGAMagna International IncCOM5,407,549$436.6M2.5%−58,510−1.1%ReducedHistory
SUSuncor Energy IncStock17,143,200$428.0M2.4%−223,005−1.3%ReducedHistory
CPCanadian Pacific Kansas City LtdCOM5,908,535$424.0M2.4%+2,852,290+93.3%AddedHistory
OTEXOpen Text CorpCOM8,941,815$423.5M2.4%−112,813−1.2%ReducedHistory
FTSFortis Inc.COM8,515,935$409.9M2.3%+1,499,700+21.4%AddedHistory
BMOBank of MontrealCOM3,405,461$365.8M2.1%−46,396−1.3%ReducedHistory
OMCOmnicom Group Inc.COM4,880,032$357.6M2.0%+11,870+0.2%AddedHistory
AMGNAmgen IncStock1,575,331$354.4M2.0%+97,584+6.6%AddedHistory
KMBKimberly Clark CorpStock2,389,107$341.5M1.9%+27,185+1.2%AddedHistory
MRKMerck & Co., Inc.Stock4,325,526$331.5M1.9%+31,225+0.7%AddedHistory
DOXAmdocs LtdSHS4,426,292$331.3M1.9%+51,435+1.2%AddedHistory
KKellanovaStock5,090,438$327.9M1.9%−6250.0%ReducedHistory
WABWestinghouse Air Brake Technologies CorpStock3,502,699$322.6M1.8%−85,985−2.4%ReducedHistory
VZVerizon Communications IncStock5,809,070$301.8M1.7%+99,705+1.7%AddedHistory
EBAYeBay IncCOM4,370,847$290.7M1.7%−390,282−8.2%ReducedHistory
AMPAmeriprise Financial IncCOM960,271$289.7M1.7%−161,224−14.4%ReducedHistory
CPBCAMPBELL'S CoCOM6,600,084$286.8M1.6%+17,075+0.3%AddedHistory
GENGen Digital Inc.Stock11,030,301$286.6M1.6%+1,554,482+16.4%AddedHistory
TUTelus CorpCOM11,976,926$281.4M1.6%−95,113−0.8%ReducedHistory
HOGHarley-Davidson, Inc.COM6,998,304$263.8M1.5%+7,025+0.1%AddedHistory
CAECae IncCOM10,269,852$258.5M1.5%+2,439,349+31.2%AddedHistory
CORCencora, Inc.Stock1,788,141$237.6M1.4%+6,830+0.4%AddedHistory
PIIPolaris Inc.Stock2,033,213$223.5M1.3%+153,606+8.2%AddedHistory
BIIBBiogen Inc.COM913,536$219.2M1.3%+363,520+66.1%AddedHistory
MLKNMillerknoll, Inc.COM5,289,330$207.3M1.2%+939,144+21.6%AddedHistory
RBARB Global Inc.COM3,352,637$204.7M1.2%+2,247,673+203.4%AddedHistory
FLSFlowserve CorpCOM6,138,990$187.9M1.1%+19,215+0.3%AddedHistory
AXPAmerican Express CoStock1,095,738$179.3M1.0%+144,302+15.2%AddedHistory
SEICSEI Investments CoCOM2,824,422$172.1M1.0%+13,335+0.5%AddedHistory
CMCSAComcast CorpStock3,381,619$170.2M1.0%+2,599+0.1%AddedHistory
GNTXGentex CorpCOM4,216,279$146.9M0.8%+4,216,279NewHistory
IPGInterpublic Group of Companies, Inc.COM3,553,307$133.1M0.8%+3,553,307NewHistory
BNSBank of Nova ScotiaCOM1,851,032$130.7M0.7%−19,500−1.0%ReducedHistory
CMICummins IncStock588,918$128.5M0.7%+2,300+0.4%AddedHistory
IRIngersoll Rand Inc.COM2,019,064$124.9M0.7%−1,000,581−33.1%ReducedHistory
FNVFranco Nevada CorpStock888,003$122.5M0.7%−5,591−0.6%ReducedHistory
DOOBRP Inc.COM SUN VTG1,018,086$89.0M0.5%+1,018,086NewHistory
AZOAutoZone IncCOM38,678$81.1M0.5%−73,939−65.7%ReducedHistory
PHParker-Hannifin CorpStock224,561$71.4M0.4%+755+0.3%AddedHistory
AGIAlamos Gold IncStock8,691,418$66.7M0.4%−199,150−2.2%ReducedHistory
CIGIColliers International Group Inc.SUB VTG SHS434,288$64.5M0.4%−9,970−2.2%ReducedHistory
PPGPPG Industries IncStock370,625$63.9M0.4%+1,520+0.4%AddedHistory
Brookfield Business PartnersG16234109UNIT LTD L P1,096,290$50.2M0.3%−24,630−2.2%Reduced–
NTAPNetApp, Inc.Stock533,480$49.1M0.3%−1,330−0.2%ReducedHistory
DNNDenison Mines Corp.COM12,092,650$16.6M0.1%−289,260−2.3%ReducedHistory
iShares MSCI Eafe ETF464287465ETF40,108$3.16M<0.1%−325−0.8%Reduced–
GSKGSK plcSPONSORED ADR12,235$539.0K<0.1%+1,005+8.9%AddedHistory
BRK.ABerkshire Hathaway IncCL A1$450.0K<0.1%00.0%UnchangedHistory
SNNSmith & Nephew PLCSPDN ADR NEW12,495$432.0K<0.1%+1,065+9.3%AddedHistory
ULUnilever PLCSPON ADR NEW5,735$308.0K<0.1%+5,735NewHistory
TECKTeck Resources LtdCL B4,780$137.0K<0.1%−6,074,685−99.9%ReducedHistory
MSFTMicrosoft CorpStock269$90.0K<0.1%+8+3.1%AddedHistory
CMCanadian Imperial Bank of CommerceCOM775$90.0K<0.1%+5+0.6%AddedHistory
GOOGAlphabet Inc.Stock26$75.0K<0.1%00.0%UnchangedHistory
ORCLOracle CorpStock210$18.0K<0.1%−1,660,300−100.0%ReducedHistory
PEPPepsiCo IncStock50$8.00K<0.1%00.0%UnchangedHistory
CNQCanadian Natural Resources LtdCOM3$00.0%−1,290−99.8%ReducedHistory

Sold out since Q3 2021 (3)

Positions held at the end of Q3 2021 that are gone from this filing.

Positions of Beutel, Goodman & Co Ltd. sold out since Q3 2021
SecurityClassShares in Q3 2021Value in Q3 2021% of portfolio in Q3 2021History
TRIThomson Reuters CorpCOM NEW985,608$109.0M0.7%History
JPMJPMorgan Chase & CoStock339,902$55.6M0.3%History
BABAAlibaba Group Holding LtdADR100$14.0K<0.1%History