Institutional Manager · CIK 0001224324
GUARDIAN CAPITAL LP
TORONTO, A6 · File #028-14316
Latest AUM
$3.37B
Positions
241
Top-10 Concentration
46.0%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | ROYAL BK CDA | 780087102 | -1,572,077 | -$268.1M | +$36.6M |
| REDUCE | AGNICO EAGLE MINES LTD | AEM | -935,005 | -$158.6M | +$1.1M |
| REDUCE | BANK MONTREAL QUE | 063671101 | -1,036,509 | -$134.7M | -$699,015 |
| REDUCE | CANADIAN IMPERIAL BANK OF CO | CNDIF | -1,107,851 | -$100.5M | +$12.0M |
| REDUCE | CANADIAN NAT RES LTD | 136385101 | -2,429,506 | -$82.3M | +$4.7M |
| REDUCE | CGI INC | GIB | -852,012 | -$78.7M | +$2.9M |
| REDUCE | APPLE INC | AAPL | -284,334 | -$77.3M | +$4.9M |
| REDUCE | RESTAURANT BRANDS INTL INC | 76131D103 | -1,114,274 | -$76.1M | +$4.6M |
| REDUCE | MICROSOFT CORP | MSFT | -151,959 | -$73.5M | -$5.3M |
| NEW | BOYD GROUP SERVICES INC | BGSI | +448,067 | +$71.4M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025241 pos · $3.37B
- 13F HOLDINGS REPORTQ/E Sep 2025170 pos · $3.10B
- 13F HOLDINGS REPORTQ/E Jun 2025157 pos · $2.83B
- 13F HOLDINGS REPORTQ/E Mar 2025150 pos · $2.54B
- 13F HOLDINGS REPORTQ/E Dec 2024143 pos · $2.69B
- 13F HOLDINGS REPORTQ/E Sep 2024128 pos · $2.73B
- 13F HOLDINGS REPORTQ/E Jun 2024129 pos · $2.65B
- 13F HOLDINGS REPORTQ/E Mar 2024148 pos · $2.87B
- 13F HOLDINGS REPORTQ/E Dec 2023152 pos · $2.69B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | ROYAL BK CDA | 780087102 | 1,759,602 | $300.1M | 10.33% |
| 2 | AGNICO EAGLE MINES LTD | AEM | 1,018,780 | $172.8M | 5.95% |
| 3 | TORONTO DOMINION BK ONT | TORO | 1,319,972 | $124.5M | 4.28% |
| 4 | BROOKFIELD CORP | 11271J107 | 2,642,075 | $121.4M | 4.18% |
| 5 | OPEN TEXT CORP | OTEX | 3,715,835 | $121.1M | 4.17% |
| 6 | CGI INC | GIB | 1,284,487 | $118.7M | 4.09% |
| 7 | CANADIAN NAT RES LTD | 136385101 | 3,283,334 | $111.3M | 3.83% |
| 8 | CANADIAN PACIFIC KANSAS CITY | CP | 1,220,052 | $89.9M | 3.09% |
| 9 | BANK MONTREAL QUE | 063671101 | 680,733 | $88.4M | 3.04% |
| 10 | SUNCOR ENERGY INC NEW | SU | 1,989,193 | $88.3M | 3.04% |
| 11 | CANADIAN IMPERIAL BANK OF CO | CNDIF | 934,364 | $84.7M | 2.92% |
| 12 | APPLE INC | AAPL | 281,484 | $76.5M | 2.63% |
| 13 | GILDAN ACTIVEWEAR INC | GIL | 1,221,049 | $76.4M | 2.63% |
| 14 | BOYD GROUP SERVICES INC | BGSI | 448,067 | $71.4M | 2.46% |
| 15 | MICROSOFT CORP | MSFT | 145,139 | $70.2M | 2.42% |
| 16 | ENBRIDGE INC | ENNPF | 1,320,203 | $63.2M | 2.18% |
| 17 | BROADCOM INC | AVGO | 182,494 | $63.2M | 2.17% |
| 18 | RESTAURANT BRANDS INTL INC | 76131D103 | 873,577 | $59.6M | 2.05% |
| 19 | MANULIFE FINL CORP | 56501R106 | 1,489,262 | $54.2M | 1.87% |
| 20 | ALPHABET INC | GOOG | 159,002 | $49.8M | 1.71% |