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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 (2016Q4)
Portfolio Summary: 197 holdings with a total value of $15,629,081,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 TORONTO DOMINION BK ONT 26,090,703 1,288,338,000 8.24%
2 ROYAL BK CDA MONTREAL QUE 16,814,046 1,139,325,000 7.29%
3 BANK N S HALIFAX 16,978,513 946,507,000 6.06%
4 ENBRIDGE INC 18,177,461 765,837,000 4.90%
5 CANADIAN NATL RY CO 10,543,246 710,404,000 4.55%
6 CANADIAN NAT RES LTD 21,595,007 689,049,000 4.41%
7 MANULIFE FINL CORP 34,936,961 622,902,000 3.99%
8 OPEN TEXT CORP 8,691,756 537,429,000 3.44%
9 THOMSON REUTERS CORP 9,496,754 416,113,000 2.66%
10 CENOVUS ENERGY INC 25,300,061 382,976,000 2.45%
11 GILDAN ACTIVEWEAR INC 14,536,359 369,519,000 2.36%
12 POTASH CORP SASK INC 18,904,017 342,402,000 2.19%
13 PEMBINA PIPELINE CORP 10,171,877 318,266,000 2.04%
14 VERMILION ENERGY INC 6,494,350 273,566,000 1.75%
15 GROUPE CGI INC 5,652,437 271,610,000 1.74%
16 STANTEC INC 10,477,665 265,018,000 1.70%
17 JPMORGAN CHASE & CO 2,530,908 218,392,000 1.40%
18 JOHNSON & JOHNSON 1,680,442 193,603,000 1.24%
19 WALGREENS BOOTS ALLIANCE INC 2,244,953 185,792,000 1.19%
20 CAE INC 13,127,918 183,842,000 1.18%
21 PEPSICO INC 1,732,323 181,252,000 1.16%
22 CRESCENT PT ENERGY CORP 13,040,898 177,470,000 1.14%
23 CAMECO CORP 16,270,077 170,338,000 1.09%
24 WELLS FARGO & CO NEW 3,048,690 168,013,000 1.08%
25 PROCTER AND GAMBLE CO 1,946,344 163,648,000 1.05%
26 MICROSOFT CORP 2,530,624 157,252,000 1.01%
27 EXXON MOBIL CORP 1,701,377 153,566,000 0.98%
28 COLGATE PALMOLIVE CO 2,271,800 148,666,000 0.95%
29 BECTON DICKINSON & CO 894,017 148,004,000 0.95%
30 COMCAST CORP NEW 2,000,860 138,159,000 0.88%
31 3M CO 760,072 135,726,000 0.87%
32 ORACLE CORP 3,520,955 135,380,000 0.87%
33 METLIFE INC 2,400,210 129,347,000 0.83%
34 CVS HEALTH CORP 1,634,518 128,979,000 0.83%
35 GENERAL ELECTRIC CO 4,075,563 128,787,000 0.82%
36 VERISK ANALYTICS INC 1,373,714 111,504,000 0.71%
37 FISERV INC 943,890 100,316,000 0.64%
38 SUNCOR ENERGY INC NEW 3,012,986 98,631,000 0.63%
39 US BANCORP DEL 1,899,153 97,559,000 0.62%
40 DAVITA INC 1,452,413 93,244,000 0.60%
41 PFIZER INC 2,848,582 92,521,000 0.59%
42 ABBOTT LABS 2,315,485 88,937,000 0.57%
43 BERKSHIRE HATHAWAY INC DEL 544,554 88,751,000 0.57%
44 CA INC 2,768,339 87,950,000 0.56%
45 EOG RES INC 839,937 84,917,000 0.54%
46 DESCARTES SYS GROUP INC COM 3,975,562 84,874,000 0.54%
47 ALPHABET INC 106,774 84,613,000 0.54%
48 CHEVRON CORP NEW 718,207 84,532,000 0.54%
49 DIAGEO P L C 813,070 84,510,000 0.54%
50 ALPHABET INC 105,966 81,786,000 0.52%
Page 1 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001123778-17-000003, filed 2017.02.15).

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.