13F Insight
DOSSIER · 13F-HR · Q2 2026

GUARDIAN CAPITAL LP

$4.1B in tracked AUM across 239 positions as of Q2 2026.

GC
CIK 0001224324 · last filed Jun 30, 2026
Total AUM
$4.1B
as of Q2 2026
Holdings
239
—
positions
Whale Score
59
59
tracked
Activity
—
no data
changes this Q
AI Analysis · Q2 2026

Portfolio Overview

Guardian Capital LP reported a significant contraction in portfolio value for the quarter ending September 30, 2025, with total assets under management (AUM) dropping by 61.3% from $2.83 billion to $1.10 billion. This substantial reduction suggests one of two scenarios: significant client redemptions or a strategic pivot involving large-scale capital distributions. Concurrent with the decline in AUM, the portfolio underwent a massive restructuring, evidenced by the comple...

Key Holdings

The portfolio is currently top-heavy, with the largest ten positions accounting for approximately 54% of the total value.

  • Brookfield Corp (BN) stands as the dominant holding, comprising 10.92% of the portfolio ($119.66M). This indicates a strong conviction in the alternative asset manager's ability to generate returns across real estate, infrastructure, and renewable sectors.
  • Core Canadian & Global Giants: The next tier features CGI Inc (GIB) at 6.99% and Restaurant Brands Intl (QSR) at 6.57%, reflecting a "home court" preference for high-quality Canadian large-caps.
  • US Tech & Quality: Broadcom (AVGO) (5.75%), Telus (TU) (5.24%), and Costco (COST) (4.86%) round out the top positions.
  • Notably, the top positions are characterized by high free cash flow, established market dominance, and, in the case of Brookfield and Telus, significant dividend histories.
Analysis generated by 13F Insight from SEC Form 13F filing data · Q2 2026. Methodology

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
RY
ROYAL BK CDA
$330M1.6M8.0%02
CNQ
CANADIAN NAT RES LTD MED TER
$155M3.9M3.8%03
TD
TORONTO DOMINION BK ONT
$150M1.2M3.7%04
GIB
CGI INC
$142M2.2M3.5%05
BN
BROOKFIELD CORP
$142M3.3M3.5%06
AEM
AGNICO EAGLE MINES LTD
$137M880K3.3%07
SU
SUNCOR ENERGY INC NEW
$122M2.3M3.0%08
OTEX
OPEN TEXT CORP
$113M5.1M2.7%09
BMO
BANK MONTREAL MEDIUM
$109M615K2.6%10
CP
CANADIAN PACIFIC KANSAS CITY
$102M1.2M2.5%

Filing history

2026Q2Jun 30
$4.1B▲ 8.8%
239 positionsView →2026Q1Mar 31
$3.8B▲ 12.2%
240 positionsView →2025Q4Dec 31
$3.4B▲ 207.8%
241 positionsView →2025Q3Sep 30
$1.1B▼ 61.3%
71 positionsView →2025Q2Jun 30
$2.8B▲ 11.3%
157 positionsLocked2025Q1Mar 31
$2.5B▼ 5.5%
150 positionsLocked2024Q4Dec 31
$2.7B▼ 1.5%
143 positionsLocked2024Q3Sep 30
$2.7B▲ 3.0%
128 positionsLocked2024Q2Jun 30
$2.7B▼ 7.6%
129 positionsLocked2024Q1Mar 31
$2.9B▲ 2.8%
148 positionsLocked2023Q4Dec 31
$2.8B▲ 3.9%
154 positionsLocked2023Q3Sep 30
$2.7B▼ 14.0%
152 positionsLocked
Showing 12 of 59