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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 DESCARTES SYS GROUP INC 2,992,050 64,076,000 0.67%
52 MEDNAX INC 955,794 63,321,000 0.66%
53 STANTEC INC 2,596,449 60,725,000 0.64%
54 INTUIT 553,986 59,680,000 0.63%
55 AUTOZONE INC 75,906 58,322,000 0.61%
56 CME GROUP INC 542,509 56,703,000 0.60%
57 CINEMARK HOLDINGS INC 1,396,048 53,441,000 0.56%
58 QUALCOMM INC 664,975 45,551,000 0.48%
59 BANK HAWAII CORP 612,886 44,508,000 0.47%
60 INTERNATIONAL FLAVORS&FRAGRA 304,735 43,568,000 0.46%
61 EXPRESS SCRIPTS HLDG CO 616,377 43,473,000 0.46%
62 POTASH CORP SASK INC 2,250,193 36,452,000 0.38%
63 BAXTER INTL INC 735,590 35,014,000 0.37%
64 AGRIUM INC 387,132 34,911,000 0.37%
65 COLLIERS INTL GROUP INC 831,159 34,723,000 0.36%
66 PRICELINE GRP INC 22,470 33,064,000 0.35%
67 DOUGLAS DYNAMICS INC 1,021,196 32,617,000 0.34%
68 ALLERGAN PLC 107,320 24,717,000 0.26%
69 WILEY JOHN SONS INC 462,406 23,865,000 0.25%
70 GILEAD SCIENCES INC 290,090 22,952,000 0.24%
71 ASPEN TECHNOLOGY COM USD0.10 490,194 22,936,000 0.24%
72 SMITH & NEPHEW PLC 647,069 21,211,000 0.22%
73 RPM INTL INC 348,898 18,743,000 0.20%
74 PAYPAL HLDGS INC 443,990 18,190,000 0.19%
75 ROCKWELL COLLINS INC 205,512 17,333,000 0.18%
76 FIRSTSERVICE CORP NEW 371,749 17,208,000 0.18%
77 WHIRLPOOL CORP 100,732 16,335,000 0.17%
78 BANK OF THE OZARKS INC 398,178 15,290,000 0.16%
79 DENTSPLY SIRONA INC 252,212 14,989,000 0.16%
80 INNOPHOS HOLDINGS INC 381,526 14,891,000 0.16%
81 SHENANDOAH TELECOMM CO CDT COM 508,570 13,838,000 0.15%
82 WATERS CORP 84,144 13,336,000 0.14%
83 SABRE CORP 471,390 13,284,000 0.14%
84 APTARGROUP INC 168,040 13,008,000 0.14%
85 SYNNEX CORP 113,800 12,986,000 0.14%
86 FRANKLIN RESOURCES INC 359,871 12,801,000 0.13%
87 GRAINGER W W INC 55,455 12,469,000 0.13%
88 NEWMARKET CORP 28,073 12,052,000 0.13%
89 WABTEC CORP 142,333 11,621,000 0.12%
90 PRICE T ROWE GROUP INC 155,235 10,323,000 0.11%
91 ANHEUSER BUSCH INBEV SA/NV 76,707 10,080,000 0.11%
92 WORLD FUEL SVCS CORP 207,001 9,576,000 0.10%
93 WPP PLC NEW 78,398 9,229,000 0.10%
94 AMPHENOL CORP NEW 138,858 9,015,000 0.09%
95 KAR AUCTION SVCS INC 189,360 8,173,000 0.09%
96 COMPUTER PROGRAMS & SYS INC COM 252,336 6,576,000 0.07%
97 CHINA MOBILE LIMITED 104,523 6,430,000 0.07%
98 COPART INC 118,822 6,364,000 0.07%
99 INTERCONTINENTAL HOTELS GROU 95,343 3,969,000 0.04%
100 CDN IMPERIAL BK COMM TORONTO 5,114 395,000 0.00%
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.