Dark
Light
System
Institutional Investment Manager
JARISLOWSKY, FRASER Ltd
JARISLOWSKY, FRASER Ltd (CIK: 0001123778), located at 1010 Sherbrooke Street West, Montreal, A8. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q1)
Portfolio Summary: 143 holdings with a total value of $14,300,030,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 TORONTO DOMINION BK ONT 25,852,664 1,120,491,000 7.84%
2 ROYAL BK CDA MONTREAL QUE 16,676,648 964,923,000 6.75%
3 BANK N S HALIFAX 16,974,322 832,935,000 5.82%
4 CANADIAN NATL RY CO 10,683,462 670,354,000 4.69%
5 ENBRIDGE INC 15,193,695 593,910,000 4.15%
6 SUNCOR ENERGY INC NEW 19,626,394 548,831,000 3.84%
7 CANADIAN NAT RES LTD 18,632,236 506,050,000 3.54%
8 MANULIFE FINL CORP 34,674,642 492,728,000 3.45%
9 OPEN TEXT CORP 8,587,438 446,683,000 3.12%
10 THOMSON REUTERS CORP 9,642,579 392,278,000 2.74%
11 GILDAN ACTIVEWEAR INC 11,863,477 363,209,000 2.54%
12 CENOVUS ENERGY INC 25,136,608 328,430,000 2.30%
13 POTASH CORP SASK INC 15,748,919 269,209,000 1.88%
14 GROUPE CGI INC 5,585,232 268,023,000 1.87%
15 PEMBINA PIPELINE CORP 8,940,524 242,685,000 1.70%
16 STANTEC INC 9,127,711 232,876,000 1.63%
17 CAMECO CORP 16,886,521 217,633,000 1.52%
18 JOHNSON & JOHNSON 1,805,008 195,301,000 1.37%
19 WALGREENS BOOTS ALLIANCE INC 2,304,903 194,165,000 1.36%
20 VERMILION ENERGY INC 6,422,388 188,731,000 1.32%
21 PROCTER AND GAMBLE CO 2,224,345 183,085,000 1.28%
22 PEPSICO INC 1,777,567 182,165,000 1.27%
23 COLGATE PALMOLIVE CO 2,437,542 172,212,000 1.20%
24 CVS HEALTH CORP 1,604,909 166,477,000 1.16%
25 CAE INC 13,066,254 151,729,000 1.06%
26 WELLS FARGO & CO NEW 3,055,875 147,782,000 1.03%
27 EXXON MOBIL CORP 1,755,743 146,762,000 1.03%
28 JPMORGAN CHASE & CO 2,462,978 145,857,000 1.02%
29 BECTON DICKINSON & CO 901,836 136,916,000 0.96%
30 MICROSOFT CORP 2,468,733 136,348,000 0.95%
31 3M CO 794,333 132,359,000 0.93%
32 ORACLE CORP 3,162,903 129,394,000 0.90%
33 GENERAL ELECTRIC CO 3,955,843 125,756,000 0.88%
34 METLIFE INC 2,615,518 114,925,000 0.80%
35 VERISK ANALYTICS INC 1,413,747 112,986,000 0.79%
36 CRESCENT PT ENERGY CORP 7,975,060 110,859,000 0.78%
37 COMCAST CORP NEW 1,753,888 107,127,000 0.75%
38 FISERV INC 962,007 98,682,000 0.69%
39 INTERNATIONAL BUSINESS MACHS 614,821 93,114,000 0.65%
40 ABBOTT LABS 2,135,717 89,337,000 0.62%
41 CA INC 2,862,200 88,127,000 0.62%
42 PFIZER INC 2,968,593 87,989,000 0.62%
43 DESCARTES SYS GROUP INC COM 4,427,502 86,533,000 0.61%
44 DIAGEO P L C 800,542 86,354,000 0.60%
45 DAVITA INC 1,171,408 85,957,000 0.60%
46 ANHEUSER BUSCH INBEV SA/NV 678,958 84,638,000 0.59%
47 US BANCORP DEL 1,997,311 81,070,000 0.57%
48 DOLLAR TREE INC 932,912 76,927,000 0.54%
49 IMS HEALTH HLDS INC 2,766,609 73,453,000 0.51%
50 ALPHABET INC 94,161 71,835,000 0.50%
Page 1 of 3

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001123778-16-000028, filed 2016.05.12).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.