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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 (2016Q4)
Portfolio Summary: 103 holdings with a total value of $9,774,578,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 CME GROUP INC 611,675 70,557,000 0.72%
52 STANTEC INC 2,899,069 73,123,000 0.75%
53 INTUIT 639,613 73,289,000 0.75%
54 ATN INTL INC COM 970,327 77,752,000 0.80%
55 UNION PAC CORP 765,630 79,381,000 0.81%
56 BCE INC 1,875,833 80,940,000 0.83%
57 WILLIS TOWERS WATSON PLC LTD SHS 664,875 81,301,000 0.83%
58 MASTERCARD INCORPORATED 845,105 87,257,000 0.89%
59 ENBRIDGE INC 2,078,154 87,306,000 0.89%
60 CINEMARK HOLDINGS INC 2,288,729 87,796,000 0.90%
61 EXXON MOBIL CORP 997,161 89,995,000 0.92%
62 IMPERIAL OIL LTD 2,696,876 93,667,000 0.96%
63 PRAXAIR INC 842,246 98,693,000 1.01%
64 AUTOZONE INC 129,266 102,093,000 1.04%
65 UNITED TECHNOLOGIES CORP 961,908 105,434,000 1.08%
66 CENOVUS ENERGY INC 7,005,430 105,739,000 1.08%
67 LKQ CORP 3,455,772 105,907,000 1.08%
68 PEPSICO INC 1,014,697 106,153,000 1.09%
69 THOMSON REUTERS CORP 2,517,388 109,989,000 1.13%
70 GAZIT GLOBE LTD 12,989,217 110,706,000 1.13%
71 ANSYS 1,205,500 111,487,000 1.14%
72 CANADIAN NAT RES LTD 3,526,285 112,196,000 1.15%
73 COMCAST CORP NEW 1,634,388 112,837,000 1.15%
74 SUNCOR ENERGY INC NEW 3,457,257 113,502,000 1.16%
75 PROCTER AND GAMBLE CO 1,365,579 114,805,000 1.17%
76 ORACLE CORP 3,085,249 118,614,000 1.21%
77 UNILEVER PLC 2,915,977 118,680,000 1.21%
78 AMETEK 2,496,691 121,339,000 1.24%
79 VISA INC 1,663,819 129,792,000 1.33%
80 VERISK ANALYTICS INC 1,626,605 132,018,000 1.35%
81 CANADIAN PACIFIC RAILWAY LTD 939,515 133,821,000 1.37%
82 JOHNSON & JOHNSON 1,458,754 168,047,000 1.72%
83 TELUS CORP 5,352,552 170,335,000 1.74%
84 MARSH & MCLENNAN COS INC 2,595,082 175,388,000 1.79%
85 S&P GLOBAL INC 1,680,381 180,708,000 1.85%
86 VERIZON COMMUNICATIONS INC 3,433,857 183,288,000 1.88%
87 SHAW COMMUNICATIONS INC 9,157,727 183,447,000 1.88%
88 BLACKROCK INC 496,455 188,906,000 1.93%
89 MANULIFE FINL CORP 10,684,768 189,959,000 1.94%
90 BANK MONTREAL QUE 2,845,598 204,331,000 2.09%
91 NOVARTIS A G 3,033,455 220,957,000 2.26%
92 CANADIAN NATL RY CO 3,328,496 223,660,000 2.29%
93 JPMORGAN CHASE & CO 2,654,280 229,018,000 2.34%
94 ROGERS COMMUNICATIONS INC 6,070,013 233,762,000 2.39%
95 ALPHABET INC 312,003 240,796,000 2.46%
96 BANK N S HALIFAX 4,408,481 245,062,000 2.51%
97 WELLS FARGO & CO NEW 4,471,736 246,422,000 2.52%
98 BECTON DICKINSON & CO 1,745,976 289,025,000 2.96%
99 BROOKFIELD ASSET MGMT INC 9,097,969 299,709,000 3.07%
100 ROYAL BK CDA MONTREAL QUE 4,899,161 331,032,000 3.39%
Page 2 of 3

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001140361-17-004595, filed 2017.02.06).

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.