# MACKENZIE FINANCIAL CORP

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 919859. Source: https://holderbook.com/funds/919859-mackenzie-financial-corp/

- Reported value: $100.0B
- Positions: 1,534
- Weight of the ten largest: 27.8%
- Filed: 2026-08-13

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 |
|---|---|---|---|---|---|
| ROYAL BK CDA | [RY](https://holderbook.com/stocks/RY/) | $5.5B | 18,640,712 | 5.5% | 31 |
| TORONTO DOMINION BK ONT | [TD](https://holderbook.com/stocks/TD/) | $3.9B | 22,892,530 | 3.9% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.9B | 14,390,030 | 2.9% | 31 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $2.6B | 3,472,617 | 2.6% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.6B | 8,875,771 | 2.6% | 31 |
| BANK MONTREAL MEDIUM | [BMO](https://holderbook.com/stocks/BMO/) | $2.1B | 8,547,687 | 2.1% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.1B | 5,994,206 | 2.1% | 31 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $2.1B | 17,049,319 | 2.1% | 13 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $2.0B | 5,277,358 | 2.0% | 31 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $2.0B | 8,920,911 | 2.0% | 31 |
| CANADIAN IMPERIAL BANK OF CO | [CM](https://holderbook.com/stocks/CM/) | $1.8B | 10,936,865 | 1.8% | 31 |
| MANULIFE FINL CORP | [MFC](https://holderbook.com/stocks/MFC/) | $1.7B | 29,507,839 | 1.7% | 31 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $1.6B | 21,151,328 | 1.6% | 31 |
| CANADIAN NAT RES LTD MED TER | [CNQ](https://holderbook.com/stocks/CNQ/) | $1.5B | 27,195,960 | 1.5% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.5B | 6,387,767 | 1.5% | 31 |
| CANADIAN NATL RY CO | [CNI](https://holderbook.com/stocks/CNI/) | $1.5B | 8,939,323 | 1.5% | 31 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $1.5B | 24,936,347 | 1.5% | 15 |
| TC ENERGY CORP | [TRP](https://holderbook.com/stocks/TRP/) | $1.1B | 12,194,884 | 1.1% | 29 |
| SUNCOR ENERGY INC NEW | [SU](https://holderbook.com/stocks/SU/) | $1.1B | 14,106,922 | 1.1% | 31 |
| BANK NOVA SCOTIA B C | [BNS](https://holderbook.com/stocks/BNS/) | $1.1B | 8,653,592 | 1.1% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.0B | 2,767,511 | 1.0% | 31 |
| BARRICK MNG CORP | [B](https://holderbook.com/stocks/B/) | $1.0B | 19,831,196 | 1.0% | 5 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $1.0B | 4,068,333 | 1.0% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $875.1M | 1,553,601 | 0.9% | 31 |
| CENOVUS ENERGY INC | [CVE](https://holderbook.com/stocks/CVE/) | $747.8M | 21,250,409 | 0.7% | 31 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $747.5M | 4,685,074 | 0.7% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $712.7M | 2,177,285 | 0.7% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $696.2M | 580,460 | 0.7% | 31 |
| SUN LIFE FINANCIAL INC. | [SLF](https://holderbook.com/stocks/SLF/) | $695.3M | 6,244,664 | 0.7% | 31 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $685.9M | 1,582,810 | 0.7% | 7 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $655.1M | 567,565 | 0.7% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $645.8M | 1,882,250 | 0.6% | 31 |
| TECK RESOURCES LTD | [TECK](https://holderbook.com/stocks/TECK/) | $615.0M | 7,280,608 | 0.6% | 31 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $567.8M | 5,736,700 | 0.6% | 22 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $515.6M | 713,175 | 0.5% | 31 |
| GILDAN ACTIVEWEAR INC | [GIL](https://holderbook.com/stocks/GIL/) | $493.5M | 6,748,764 | 0.5% | 31 |
| BROOKFIELD ASSET MANAGMT LTD | [BAM](https://holderbook.com/stocks/BAM/) | $492.9M | 7,748,249 | 0.5% | 15 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $478.2M | 5,884,312 | 0.5% | 31 |
| CGI INC | [GIB](https://holderbook.com/stocks/GIB/) | $474.3M | 5,174,015 | 0.5% | 30 |
| FRANCO NEV CORP | [FNV](https://holderbook.com/stocks/FNV/) | $472.1M | 1,595,402 | 0.5% | 31 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $468.8M | 2,591,092 | 0.5% | 31 |
| PEMBINA PIPELINE CORP | [PBA](https://holderbook.com/stocks/PBA/) | $468.1M | 7,134,199 | 0.5% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $465.9M | 3,966,544 | 0.5% | 31 |
| TELUS CORPORATION | [TU](https://holderbook.com/stocks/TU/) | $445.8M | 29,719,699 | 0.4% | 31 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $437.4M | 842,890 | 0.4% | 14 |
| HUDBAY MINERALS INC | [HBM](https://holderbook.com/stocks/HBM/) | $436.4M | 13,031,045 | 0.4% | 31 |
| KINROSS GOLD CORP | [KGC](https://holderbook.com/stocks/KGC/) | $436.0M | 12,985,119 | 0.4% | 31 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $431.7M | 1,038,640 | 0.4% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $429.7M | 1,707,786 | 0.4% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $395.3M | 769,690 | 0.4% | 31 |
| CELESTICA INC | [CLS](https://holderbook.com/stocks/CLS/) | $392.6M | 759,081 | 0.4% | 9 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $387.5M | 363,903 | 0.4% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $387.0M | 666,172 | 0.4% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $386.0M | 1,094,344 | 0.4% | 31 |
| FORTIS INC | [FTS](https://holderbook.com/stocks/FTS/) | $367.1M | 4,518,242 | 0.4% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $350.9M | 1,177,208 | 0.4% | 31 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $350.8M | 2,315,756 | 0.4% | 31 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $334.3M | 1,228,953 | 0.3% | 31 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $318.4M | 2,515,500 | 0.3% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $305.3M | 2,233,016 | 0.3% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $305.0M | 2,373,431 | 0.3% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $297.9M | 2,031,724 | 0.3% | 31 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $297.5M | 707,361 | 0.3% | 31 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $295.7M | 1,157,763 | 0.3% | 31 |
| EMERA INC | [EMA](https://holderbook.com/stocks/EMA/) | $293.0M | 3,894,059 | 0.3% | 5 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $290.6M | 3,909,415 | 0.3% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $285.3M | 807,377 | 0.3% | 31 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $285.0M | 291,332 | 0.3% | 27 |
| CAMECO CORP | [CCJ](https://holderbook.com/stocks/CCJ/) | $283.3M | 1,959,688 | 0.3% | 29 |
| CAE INC | [CAE](https://holderbook.com/stocks/CAE/) | $281.1M | 7,916,812 | 0.3% | 31 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $276.9M | 2,665,967 | 0.3% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $273.4M | 2,413,697 | 0.3% | 31 |
| ALAMOS GOLD INC | [AGI](https://holderbook.com/stocks/AGI/) | $271.9M | 6,323,229 | 0.3% | 31 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $256.9M | 2,033,130 | 0.3% | 31 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $253.8M | 3,173,717 | 0.3% | 17 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $251.8M | 2,913,300 | 0.3% | 31 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $242.4M | 803,300 | 0.2% | 31 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $240.7M | 249,469 | 0.2% | 14 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $238.4M | 1,410,114 | 0.2% | 31 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $237.3M | 1,345,709 | 0.2% | 31 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $235.6M | 4,134,939 | 0.2% | 31 |
| TFI INTERNATIONAL INC | [TFII](https://holderbook.com/stocks/TFII/) | $234.7M | 1,149,794 | 0.2% | 25 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $233.7M | 467,062 | 0.2% | 31 |
| BRP INC | [DOO](https://holderbook.com/stocks/DOO/) | $226.6M | 2,616,063 | 0.2% | 31 |
| ROGERS COMMUNICATIONS INC | [RCI](https://holderbook.com/stocks/RCI/) | $224.7M | 4,870,386 | 0.2% | 31 |
| PG&E CORP | [PCG](https://holderbook.com/stocks/PCG/) | $223.3M | 13,278,514 | 0.2% | 25 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $216.9M | 1,433,406 | 0.2% | 31 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $212.2M | 1,519,383 | 0.2% | 31 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $209.7M | 561,182 | 0.2% | 20 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $209.0M | 223,379 | 0.2% | 31 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $203.0M | 2,312,715 | 0.2% | 31 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $199.0M | 736,107 | 0.2% | 31 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $198.9M | 1,044,132 | 0.2% | 31 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $196.7M | 1,405,409 | 0.2% | 31 |
| DESCARTES SYS GROUP INC | [DSGX](https://holderbook.com/stocks/DSGX/) | $193.6M | 1,971,360 | 0.2% | 31 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $188.9M | 463,901 | 0.2% | 31 |
| WEST FRASER TIMBER CO LTD | [WFG](https://holderbook.com/stocks/WFG/) | $180.4M | 1,878,614 | 0.2% | 21 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $177.8M | 1,718,574 | 0.2% | 31 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $176.7M | 276,650 | 0.2% | 27 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $176.2M | 797,795 | 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 | +8.6% | +14.8% | -6.2% | 100% |
| Q1 2026 | -1.1% | -4.6% | +3.5% | 99% |
| Q4 2025 | +3.0% | +2.4% | +0.6% | 100% |
| Q3 2025 | +6.8% | +7.8% | -1.0% | 100% |
| Q2 2025 | +8.8% | +10.5% | -1.6% | 100% |
| Q1 2025 | -1.3% | -4.6% | +3.3% | 103% |
| Q4 2024 | -1.5% | +2.1% | -3.6% | 100% |
| Q3 2024 | +7.6% | +5.4% | +2.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $100.0B | 1,534 |
| Q1 2026 | $83.3B | 1,420 |
| Q4 2025 | $84.4B | 1,650 |
| Q3 2025 | $82.6B | 1,682 |
| Q2 2025 | $77.2B | 1,686 |
| Q1 2025 | $70.3B | 1,659 |
| Q4 2024 | $220.0B | 1,697 |
| Q3 2024 | $71.9B | 1,574 |
| Q2 2024 | $67.3B | 1,533 |
| Q1 2024 | $69.4B | 1,519 |
| Q4 2023 | $66.3B | 1,492 |
| Q3 2023 | $59.5B | 1,466 |