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Institutional Investment Manager
GUARDIAN CAPITAL ADVISORS LP
GUARDIAN CAPITAL ADVISORS LP (CIK: 0001512652), located at Commerce Court West, 199 Bay Street, Toronto, A6. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q4)
Portfolio Summary: 168 holdings with a total value of $694,879,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 TORONTO DOMINION BK ONT 661,234 44,631,000 6.42%
2 ROYAL BK CDA MONTREAL QUE 446,221 41,202,000 5.93%
3 BANK N S HALIFAX 531,917 40,517,000 5.83%
4 BANK MONTREAL QUE 285,477 27,493,000 3.96%
5 CDN IMPERIAL BK COMM TORONTO 222,032 24,726,000 3.56%
6 BCE INC 362,196 21,341,000 3.07%
7 CANADIAN NATL RY CO 214,072 19,587,000 2.82%
8 BROOKFIELD ASSET MGMT INC 366,002 16,126,000 2.32%
9 SUN LIFE FINL INC 259,853 13,567,000 1.95%
10 CANADIAN NAT RES LTD 301,515 13,089,000 1.88%
11 TRANSCANADA CORP 203,906 12,458,000 1.79%
12 ENBRIDGE INC 204,857 11,765,000 1.69%
13 JPMORGAN CHASE & CO 123,752 10,656,000 1.53%
14 AGRIUM INC 77,006 10,558,000 1.52%
15 JOHNSON & JOHNSON 90,314 10,554,000 1.52%
16 MICROSOFT CORP 168,673 10,508,000 1.51%
17 WELLS FARGO & CO NEW 188,073 10,378,000 1.49%
18 THOMSON REUTERS CORP 169,424 10,037,000 1.44%
19 SUNCOR ENERGY INC NEW 227,110 10,022,000 1.44%
20 ROGERS COMMUNICATIONS INC 182,036 9,588,000 1.38%
21 PEPSICO INC 87,113 9,122,000 1.31%
22 CHEVRON CORP NEW 76,692 8,997,000 1.29%
23 AT&T INC 208,422 8,889,000 1.28%
24 TELUS CORP 196,104 8,668,000 1.25%
25 3M CO 45,955 8,167,000 1.18%
26 DUKE ENERGY CORP NEW 99,439 7,731,000 1.11%
27 NATIONAL GRID PLC 125,764 7,351,000 1.06%
28 HSBC HLDGS PLC SPON ADR NEW 176,980 7,284,000 1.05%
29 MCDONALDS CORP 60,280 7,216,000 1.04%
30 TAIWAN SEMICONDUCTOR MFG LTD 227,481 6,779,000 0.98%
31 EMERSON ELEC CO 119,636 6,716,000 0.97%
32 QUALCOMM INC 101,141 6,630,000 0.95%
33 ABB LTD 297,366 6,411,000 0.92%
34 INTEL CORP 175,334 6,373,000 0.92%
35 BHP BILLITON LTD 168,561 6,324,000 0.91%
36 ORACLE CORP 146,900 5,676,000 0.82%
37 AMERICAN ELEC P 83,790 5,295,000 0.76%
38 ORANGE ADR SPONSORED 320,689 5,032,000 0.72%
39 CRESCENT PT ENERGY CORP 279,236 5,026,000 0.72%
40 TOTAL S A 92,620 4,793,000 0.69%
41 SANOFI 114,669 4,759,000 0.68%
42 UNILEVER N V 113,445 4,684,000 0.67%
43 IMPERIAL OIL LTD 101,438 4,672,000 0.67%
44 WAL-MART STORES INC 66,816 4,624,000 0.67%
45 PFIZER INC 136,655 4,593,000 0.66%
46 PEMBINA PIPELINE CORP 106,759 4,511,000 0.65%
47 BAXTER INTL INC 97,149 4,377,000 0.63%
48 NIPPON TELEG & TEL CORPORATION SPONSORED ADR 96,862 4,234,000 0.61%
49 GLAXOSMITHKLINE PLC 105,820 4,204,000 0.60%
50 CENOVUS ENERGY INC 193,074 3,914,000 0.56%
Page 1 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001062993-17-000864, filed 2017.02.14).

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.