# Fiera Capital Corp

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1505817. Source: https://holderbook.com/funds/1505817-fiera-capital-corp/

- Reported value: $27.6B
- Positions: 401
- Weight of the ten largest: 34.1%
- Filed: 2026-08-07

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $1.6B | 3,375,249 | 5.8% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.6B | 4,483,346 | 5.8% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $976.2M | 2,617,116 | 3.5% | 31 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $944.5M | 2,085,400 | 3.4% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $874.8M | 1,703,303 | 3.2% | 31 |
| ROYAL BK CDA | [RY](https://holderbook.com/stocks/RY/) | $800.5M | 3,872,821 | 2.9% | 31 |
| AUTOZONE INC | [AZO](https://holderbook.com/stocks/AZO/) | $710.5M | 222,315 | 2.6% | 31 |
| CANADIAN NATL RY CO | [CNI](https://holderbook.com/stocks/CNI/) | $644.0M | 5,406,877 | 2.3% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $619.7M | 2,600,029 | 2.2% | 31 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $612.0M | 4,039,754 | 2.2% | 31 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $583.4M | 2,641,927 | 2.1% | 31 |
| BANK MONTREAL MEDIUM | [BMO](https://holderbook.com/stocks/BMO/) | $567.1M | 3,214,287 | 2.1% | 31 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $563.4M | 765,123 | 2.0% | 31 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $541.2M | 1,793,788 | 2.0% | 14 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $529.8M | 1,538,785 | 1.9% | 31 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $497.8M | 5,752,356 | 1.8% | 13 |
| MSCI INC | [MSCI](https://holderbook.com/stocks/MSCI/) | $484.4M | 864,977 | 1.8% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $481.2M | 1,894,762 | 1.7% | 31 |
| RESTAURANT BRANDS INTL INC | [QSR](https://holderbook.com/stocks/QSR/) | $446.7M | 6,168,961 | 1.6% | 31 |
| CARRIER GLOBAL CORPORATION | [CARR](https://holderbook.com/stocks/CARR/) | $426.6M | 5,815,777 | 1.5% | 25 |
| RB GLOBAL INC | [RBA](https://holderbook.com/stocks/RBA/) | $421.8M | 3,630,060 | 1.5% | 13 |
| WASTE CONNECTIONS INC | [WCN](https://holderbook.com/stocks/WCN/) | $413.4M | 2,484,844 | 1.5% | 31 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $390.9M | 940,415 | 1.4% | 31 |
| METTLER TOLEDO INTERNATIONAL | [MTD](https://holderbook.com/stocks/MTD/) | $377.1M | 295,190 | 1.4% | 31 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $353.1M | 680,476 | 1.3% | 14 |
| TORONTO DOMINION BK ONT | [TD](https://holderbook.com/stocks/TD/) | $320.7M | 2,642,663 | 1.2% | 31 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $306.2M | 2,261,117 | 1.1% | 31 |
| OTIS WORLDWIDE CORP | [OTIS](https://holderbook.com/stocks/OTIS/) | $296.3M | 4,138,739 | 1.1% | 25 |
| CGI INC | [GIB](https://holderbook.com/stocks/GIB/) | $295.1M | 4,573,729 | 1.1% | 30 |
| GRACO INC | [GGG](https://holderbook.com/stocks/GGG/) | $259.5M | 3,432,256 | 0.9% | 31 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $257.7M | 375,177 | 0.9% | 31 |
| SUN LIFE FINANCIAL INC. | [SLF](https://holderbook.com/stocks/SLF/) | $245.0M | 3,126,682 | 0.9% | 31 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $230.3M | 579,914 | 0.8% | 31 |
| COPART INC | [CPRT](https://holderbook.com/stocks/CPRT/) | $224.4M | 7,958,741 | 0.8% | 8 |
| ROGERS COMMUNICATIONS INC | [RCI](https://holderbook.com/stocks/RCI/) | $207.5M | 6,390,332 | 0.8% | 31 |
| CANADIAN NAT RES LTD MED TER | [CNQ](https://holderbook.com/stocks/CNQ/) | $199.3M | 5,045,249 | 0.7% | 31 |
| SUNCOR ENERGY INC NEW | [SU](https://holderbook.com/stocks/SU/) | $187.5M | 3,490,762 | 0.7% | 31 |
| STANTEC INC | [STN](https://holderbook.com/stocks/STN/) | $179.3M | 2,601,689 | 0.7% | 31 |
| THOMSON REUTERS CORP | [TRI](https://holderbook.com/stocks/TRI/) | $178.2M | 2,185,507 | 0.6% | 1 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $156.1M | 539,344 | 0.6% | 31 |
| HILTON WORLDWIDE HLDGS INC | [HLT](https://holderbook.com/stocks/HLT/) | $153.8M | 465,398 | 0.6% | 27 |
| TELUS CORPORATION | [TU](https://holderbook.com/stocks/TU/) | $149.9M | 14,181,652 | 0.5% | 31 |
| AON PLC | [AON](https://holderbook.com/stocks/AON/) | $139.1M | 419,313 | 0.5% | 25 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $134.8M | 793,544 | 0.5% | 7 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $126.1M | 367,662 | 0.5% | 31 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $125.2M | 324,895 | 0.5% | 31 |
| JFROG LTD | [FROG](https://holderbook.com/stocks/FROG/) | $123.9M | 1,363,798 | 0.4% | 18 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $117.8M | 534,378 | 0.4% | 31 |
| LATTICE SEMICONDUCTOR CORP | [LSCC](https://holderbook.com/stocks/LSCC/) | $93.4M | 610,415 | 0.3% | 17 |
| ALCON AG | [ALC](https://holderbook.com/stocks/ALC/) | $92.4M | 1,377,206 | 0.3% | 23 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $91.7M | 122,791 | 0.3% | 31 |
| DATADOG INC | [DDOG](https://holderbook.com/stocks/DDOG/) | $91.6M | 351,680 | 0.3% | 18 |
| ENTEGRIS INC | [ENTG](https://holderbook.com/stocks/ENTG/) | $91.4M | 508,016 | 0.3% | 31 |
| MOTOROLA SOLUTIONS INC | [MSI](https://holderbook.com/stocks/MSI/) | $91.1M | 219,277 | 0.3% | 29 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $90.7M | 989,803 | 0.3% | 31 |
| INSMED INC | [INSM](https://holderbook.com/stocks/INSM/) | $89.9M | 843,042 | 0.3% | 9 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $89.0M | 298,623 | 0.3% | 31 |
| COMFORT SYS USA INC | [FIX](https://holderbook.com/stocks/FIX/) | $87.0M | 43,884 | 0.3% | 6 |
| ARGENX SE | [ARGX](https://holderbook.com/stocks/ARGX/) | $83.9M | 90,423 | 0.3% | 27 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $82.6M | 468,283 | 0.3% | 31 |
| BWX TECHNOLOGIES INC | [BWXT](https://holderbook.com/stocks/BWXT/) | $80.6M | 413,978 | 0.3% | 14 |
| DESCARTES SYS GROUP INC | [DSGX](https://holderbook.com/stocks/DSGX/) | $77.6M | 1,122,573 | 0.3% | 31 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $76.2M | 175,786 | 0.3% | 5 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $75.8M | 663,438 | 0.3% | 31 |
| HEICO CORP NEW | [HEIA](https://holderbook.com/stocks/HEIA/) | $75.2M | 291,395 | 0.3% | 10 |
| CAE INC | [CAE](https://holderbook.com/stocks/CAE/) | $74.1M | 2,964,525 | 0.3% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $69.5M | 74,325 | 0.3% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $65.5M | 116,352 | 0.2% | 13 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $63.1M | 87,327 | 0.2% | 30 |
| NEUROCRINE BIOSCIENCES INC | [NBIX](https://holderbook.com/stocks/NBIX/) | $62.9M | 373,192 | 0.2% | 24 |
| EMCOR GROUP INC | [EME](https://holderbook.com/stocks/EME/) | $61.3M | 73,854 | 0.2% | 31 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $57.4M | 128,581 | 0.2% | 27 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $57.0M | 47,526 | 0.2% | 27 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $56.6M | 149,870 | 0.2% | 8 |
| RUBRIK INC. | [RBRK](https://holderbook.com/stocks/RBRK/) | $56.1M | 698,874 | 0.2% | 6 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $54.6M | 390,363 | 0.2% | 11 |
| MONGODB INC | [MDB](https://holderbook.com/stocks/MDB/) | $54.0M | 160,672 | 0.2% | 22 |
| IDEAYA BIOSCIENCES INC | [IDYA](https://holderbook.com/stocks/IDYA/) | $53.9M | 1,445,885 | 0.2% | 10 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $53.6M | 345,838 | 0.2% | 31 |
| MADRIGAL PHARMACEUTICALS INC | [MDGL](https://holderbook.com/stocks/MDGL/) | $53.6M | 99,857 | 0.2% | 9 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $53.6M | 142,825 | 0.2% | 28 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $53.2M | 473,792 | 0.2% | 31 |
| CURTISS WRIGHT CORP | [CW](https://holderbook.com/stocks/CW/) | $52.9M | 69,764 | 0.2% | 12 |
| FRANCO NEV CORP | [FNV](https://holderbook.com/stocks/FNV/) | $52.1M | 250,220 | 0.2% | 31 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $52.1M | 501,643 | 0.2% | 31 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $50.7M | 284,596 | 0.2% | 31 |
| WINTRUST FINL CORP | [WTFC](https://holderbook.com/stocks/WTFC/) | $50.4M | 313,301 | 0.2% | 10 |
| MODINE MFG CO | [MOD](https://holderbook.com/stocks/MOD/) | $49.8M | 186,592 | 0.2% | 8 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $49.0M | 531,852 | 0.2% | 14 |
| MACOM TECH SOLUTIONS HLDGS I | [MTSI](https://holderbook.com/stocks/MTSI/) | $48.9M | 128,519 | 0.2% | 5 |
| STIFEL FINL CORP | [SF](https://holderbook.com/stocks/SF/) | $48.8M | 699,258 | 0.2% | 12 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $47.9M | 141,559 | 0.2% | 9 |
| APPLIED INDL TECHNOLOGIES IN | [AIT](https://holderbook.com/stocks/AIT/) | $47.9M | 141,542 | 0.2% | 20 |
| HUBBELL INC | [HUBB](https://holderbook.com/stocks/HUBB/) | $47.6M | 91,008 | 0.2% | 12 |
| LINCOLN ELEC HLDGS INC | [LECO](https://holderbook.com/stocks/LECO/) | $47.1M | 177,209 | 0.2% | 12 |
| SUNBELT RENTALS HOLDINGS INC | [SUNB](https://holderbook.com/stocks/SUNB/) | $45.9M | 613,299 | 0.2% | 2 |
| FERRARI N V | [RACE](https://holderbook.com/stocks/RACE/) | $44.4M | 119,215 | 0.2% | 2 |
| COSTAR GROUP INC | [CSGP](https://holderbook.com/stocks/CSGP/) | $44.4M | 1,566,845 | 0.2% | 14 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $44.1M | 110,955 | 0.2% | 4 |
| FORTIS INC | [FTS](https://holderbook.com/stocks/FTS/) | $43.8M | 766,782 | 0.2% | 31 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +9.4% | +14.8% | -5.5% | 100% |
| Q1 2026 | -5.2% | -4.6% | -0.6% | 100% |
| Q4 2025 | +0.6% | +2.4% | -1.8% | 100% |
| Q3 2025 | +5.2% | +7.8% | -2.6% | 100% |
| Q2 2025 | +8.1% | +10.5% | -2.3% | 100% |
| Q1 2025 | -2.6% | -4.6% | +2.0% | 100% |
| Q4 2024 | -1.4% | +2.1% | -3.5% | 100% |
| Q3 2024 | +6.3% | +5.4% | +0.9% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $27.6B | 401 |
| Q1 2026 | $29.2B | 412 |
| Q4 2025 | $31.5B | 417 |
| Q3 2025 | $30.9B | 436 |
| Q2 2025 | $29.5B | 439 |
| Q1 2025 | $27.7B | 461 |
| Q4 2024 | $31.8B | 452 |
| Q3 2024 | $33.3B | 456 |
| Q2 2024 | $32.3B | 445 |
| Q1 2024 | $34.3B | 476 |
| Q4 2023 | $32.6B | 507 |
| Q3 2023 | $31.3B | 489 |