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Institutional Investment Manager
GUARDIAN CAPITAL LP
GUARDIAN CAPITAL LP (CIK: 0001224324), located at 199 Bay St. Commerce Court West, Toronto, A6. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q3)
Portfolio Summary: 205 holdings with a total value of $6,370,730,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 TORONTO DOMINION BK ONT 10,842,014 481,390,000 7.56%
2 BANK N S HALIFAX 8,734,853 462,947,000 7.27%
3 BANK MONTREAL QUE 5,316,624 348,456,000 5.47%
4 ROYAL BK CDA MONTREAL QUE 4,130,423 255,880,000 4.02%
5 CANADIAN NAT RES LTD 7,089,740 226,686,000 3.56%
6 ENBRIDGE INC 5,066,131 222,698,000 3.50%
7 MANULIFE FINL CORP 14,213,581 200,574,000 3.15%
8 TRANSCANADA CORP 4,212,148 200,091,000 3.14%
9 CANADIAN PAC RY LTD 1,278,711 195,155,000 3.06%
10 PEMBINA PIPELINE CORP 5,649,332 172,189,000 2.70%
11 METHANEX CORP 4,813,479 171,519,000 2.69%
12 OPEN TEXT CORP 2,473,183 160,228,000 2.52%
13 GILDAN ACTIVEWEAR INC 5,719,143 159,754,000 2.51%
14 GROUPE CGI INC 3,263,882 155,493,000 2.44%
15 TELUS CORP 4,180,556 137,971,000 2.17%
16 GOLDCORP INC NEW 7,861,981 129,764,000 2.04%
17 ROGERS COMMUNICATIONS INC 2,963,055 125,733,000 1.97%
18 CENOVUS ENERGY INC 8,296,112 119,094,000 1.87%
19 SUNCOR ENERGY INC NEW 4,190,496 116,351,000 1.83%
20 WASTE CONNECTIONS INC 1,509,160 112,580,000 1.77%
21 CDN IMPERIAL BK COMM TORONTO 1,418,604 110,021,000 1.73%
22 BROOKFIELD ASSET MGMT INC 2,837,536 99,791,000 1.57%
23 CANADIAN NATL RY CO 1,391,980 91,009,000 1.43%
24 THOMSON REUTERS CORP 2,033,302 84,094,000 1.32%
25 STANTEC INC 3,413,570 80,232,000 1.26%
26 AGNICO EAGLE MINES LTD 1,466,504 79,323,000 1.25%
27 BROOKFIELD RENEWABLE PARTNER 2,345,833 72,090,000 1.13%
28 AGRIUM INC 794,882 72,022,000 1.13%
29 VERMILION ENERGY INC 1,716,609 66,508,000 1.04%
30 TAHOE RES INC 5,044,402 64,685,000 1.02%
31 SHAW COMMUNICATIONS INC 2,991,962 61,244,000 0.96%
32 NEW GOLD INC CDA 12,486,720 54,166,000 0.85%
33 MAGNA INTL INC 1,258,969 54,056,000 0.85%
34 MITEL NETWORKS CORP 6,945,066 51,041,000 0.80%
35 CAMECO CORP 5,806,831 49,626,000 0.78%
36 SUN LIFE FINL INC 1,351,789 43,995,000 0.69%
37 ELDORADO GOLD CORP NEW 8,790,436 34,580,000 0.54%
38 FRANCO NEVADA CORP 471,922 32,977,000 0.52%
39 BCE INC 667,341 30,826,000 0.48%
40 AT&T INC 757,145 30,748,000 0.48%
41 JOHNSON & JOHNSON 253,997 30,005,000 0.47%
42 ILLINOIS TOOL WKS INC 221,584 26,555,000 0.42%
43 APPLE INC 222,209 25,121,000 0.39%
44 VERIZON COMMUNICATIONS INC 480,255 24,964,000 0.39%
45 MCDONALDS CORP 214,010 24,688,000 0.39%
46 REYNOLDS AMERICAN INC 480,817 22,671,000 0.36%
47 BRITISH AMERN TOB PLC 175,638 22,420,000 0.35%
48 ALTRIA GROUP INC 353,862 22,375,000 0.35%
49 STATOIL ASA 1,230,897 20,679,000 0.32%
50 AUTOMATIC DATA PROCESSING IN 227,446 20,061,000 0.31%
Page 1 of 5

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001062993-16-012299, filed 2016.11.14).

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.