13F Insight
DOSSIER · 13F-HR · Q3 2025

JARISLOWSKY, FRASER Ltd

$18.2B in tracked AUM across 192 positions as of Q3 2025.

JF
CIK 0001123778 · last filed Sep 30, 2025
Total AUM
$18.2B
as of Q3 2025
Holdings
192
—
positions
Whale Score
64
64
tracked
Activity
—
no data
changes this Q
AI Analysis · Q3 2025

JARISLOWSKY, FRASER Ltd filed Q3 2025 13F-HR with $18.2B in disclosed U.S. equity holdings The portfolio is led by Technology exposure, with top positions including BN (5.6%), TD (5.2%), CNI (4.6%). Quarter-over-quarter activity shows 2 new entries and 2 exits, with a net reductive posture across 52 changed positions. Notable reduction: BN (4.5% reduction) (Brookfield Corp).

JARISLOWSKY, FRASER Ltd reports $18.2B in U.S. equity holdings for Q3 2025, anchored by a Technology-centric allocation. The top five positions by value span BN + TD + CNI + OTEX + BMO, collectively representing a meaningful concentration within the disclosed book.

Core Holdings

  • BN (Brookfield Corp) — $1.0B (5.6%)
  • TD (Toronto-Dominion Bank) — $0.9B (5.2%)
  • CNI (Canadian National Railway Company) — $0.8B (4.6%)
  • OTEX (Open Text Corporation) — $0.8B (4.3%)
  • BMO (Bank of Montreal) — $0.8B (4.2%)
Analysis generated by 13F Insight from SEC Form 13F filing data · Q3 2025. Methodology

Quarter at a glance — Q3 2025

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q3 2025.

#HoldingValueSharesWeight
01
BN
Brookfield Corp
$1.0B14.8M5.6%02
TD
Toronto-Dominion Bank
$938M11.7M5.2%03
CNI
Canadian National Railway Company
$837M8.9M4.6%04
OTEX
Open Text Corporation
$791M21.2M4.3%05
BMO
Bank of Montreal
$760M5.8M4.2%06
SHOP
Shopify Inc. Class - A
$722M4.9M4.0%07
MSFT
Microsoft Corporation
$662M1.3M3.6%08
CAE
CAE Inc.
$620M20.9M3.4%09
TRP
TC Energy Corp.
$585M10.8M3.2%10
FNV
Franco Nevada Corporation
$548M2.5M3.0%

Filing history

2025Q3Sep 30
$18.2B▲ 3.9%
192 positionsView →2025Q2Jun 30
$17.5B▲ 9.7%
188 positionsLocked2025Q1Mar 31
$16.0B▼ 6.7%
185 positionsLocked2024Q4Dec 31
$17.1B▼ 4.4%
189 positionsLocked2024Q3Sep 30
$17.9B▲ 8.6%
189 positionsLocked2024Q2Jun 30
$16.5B▼ 5.6%
185 positionsLocked2024Q1Mar 31
$17.4B▲ 2.5%
196 positionsLocked2023Q4Dec 31
$17.0B▲ 10.6%
221 positionsLocked2023Q3Sep 30
$15.4B▼ 8.5%
188 positionsLocked2023Q2Jun 30
$16.8B▲ 3.6%
197 positionsLocked2023Q1Mar 31
$16.2B▲ 6.1%
198 positionsLocked2022Q4Dec 31
$15.3B▲ 105922.1%
206 positionsLocked
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