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Institutional Investment Manager
Mawer Investment Management Ltd.
Mawer Investment Management Ltd. (CIK: 0001538449), located at 517 10th Avenue S. W., Calgary, A0. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q3)
Portfolio Summary: 103 holdings with a total value of $9,527,957,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 STANTEC INC 2,596,449 60,725,000 0.64%
52 MEDNAX INC 955,794 63,321,000 0.66%
53 DESCARTES SYS GROUP INC 2,992,050 64,076,000 0.67%
54 ATN INTL INC 989,157 64,335,000 0.68%
55 ALPHABET INC 81,591 64,954,000 0.68%
56 PPG INDS INC 656,605 67,867,000 0.71%
57 UNION PAC CORP 784,100 76,473,000 0.80%
58 IMPERIAL OIL LTD 2,533,564 78,894,000 0.83%
59 BCE INC 1,747,782 80,352,000 0.84%
60 WILLIS TOWERS WATSON PUB LTD 619,695 82,277,000 0.86%
61 MASTERCARD INCORPORATED 844,765 85,972,000 0.90%
62 SUNCOR ENERGY INC NEW 3,322,655 91,799,000 0.96%
63 EXXON MOBIL CORP 1,065,011 92,190,000 0.97%
64 ANSYS 1,012,581 93,135,000 0.98%
65 CENOVUS ENERGY INC 6,574,802 93,951,000 0.99%
66 UNITED TECHNOLOGIES CORP 948,381 95,593,000 1.00%
67 PRAXAIR INC 801,951 96,157,000 1.01%
68 COMCAST CORP NEW 1,537,249 100,717,000 1.06%
69 THOMSON REUTERS CORP 2,457,712 101,165,000 1.06%
70 CANADIAN NAT RES LTD 3,306,237 105,213,000 1.10%
71 PEPSICO INC 1,007,813 108,421,000 1.14%
72 VERISK ANALYTICS INC 1,452,000 117,052,000 1.23%
73 AMETEK INC NEW 2,474,721 118,242,000 1.24%
74 PROCTER AND GAMBLE CO 1,351,003 120,187,000 1.26%
75 ORACLE CORP 3,105,410 120,894,000 1.27%
76 LKQ CORP 3,469,165 121,936,000 1.28%
77 ENBRIDGE INC 2,881,031 126,765,000 1.33%
78 GAZIT GLOBE LTD 12,705,522 129,776,000 1.36%
79 VISA INC 1,638,622 133,953,000 1.41%
80 UNILEVER PLC 2,968,385 140,701,000 1.48%
81 CANADIAN PAC RY LTD 939,943 142,775,000 1.50%
82 MANULIFE FINL CORP 10,672,317 149,892,000 1.57%
83 SHAW COMMUNICATIONS INC 7,722,752 157,332,000 1.65%
84 JOHNSON & JOHNSON 1,391,212 163,081,000 1.71%
85 MARSH & MCLENNAN COS INC 2,457,668 164,234,000 1.72%
86 VERIZON COMMUNICATIONS INC 3,212,713 166,165,000 1.74%
87 TELUS CORP 5,320,284 174,754,000 1.83%
88 BANK MONTREAL QUE 2,770,321 180,710,000 1.90%
89 JPMORGAN CHASE & CO 2,764,874 182,859,000 1.92%
90 BLACKROCK INC 562,187 202,597,000 2.13%
91 WELLS FARGO & CO NEW 4,740,740 208,926,000 2.19%
92 S&P GLOBAL INC 1,651,131 208,967,000 2.19%
93 CANADIAN NATL RY CO 3,382,157 220,081,000 2.31%
94 ALPHABET INC 288,067 222,833,000 2.34%
95 BANK N S HALIFAX 4,412,112 232,733,000 2.44%
96 ROGERS COMMUNICATIONS INC 6,024,218 254,427,000 2.67%
97 ROYAL BK CDA MONTREAL QUE 4,799,928 295,945,000 3.11%
98 BECTON DICKINSON & CO 1,697,847 303,343,000 3.18%
99 NOVARTIS A G 3,853,289 304,256,000 3.19%
100 TORONTO DOMINION BK ONT 7,004,941 309,580,000 3.25%
Page 2 of 3

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001140361-16-085865, filed 2016.11.10).

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.