Fiera Capital Corp
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed August 22, 2024), Fiera Capital Corp reported 476 stock positions worth $34.3 billion. Its top holding was Microsoft (MSFT) at 6.6% of the portfolio, followed by Taiwan Semiconductor-SP ADR (TSM, 5.1%) and Alphabet Class A (GOOGL, 4.8%). Compared with Q4 2023, it opened 39 new positions, sold out of 69, added to 200 and reduced 203. The biggest buy was a new position in Procore Technologies (PCOR) and the biggest sale HDFC Bank Ltd.-ADR (HDB, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- MONTREAL, A8
- CIK
- 0001505817
- Portfolio Value
- $34.3B (Q1 2024)
- SEC Filing
- 0001085146-24-004168 ↗ filed Aug 22, 2024
Holdings Value
Holdings 476 stocks · $34.3B
| MSFT Microsoft Corp. | 6.56% | 5,347,590 | $2.2B | Reduce -4.4% |
| TSM Taiwan Semiconductor-SP ADR | 5.13% | 12,930,879 | $1.8B | Reduce -3.6% |
| GOOGL Alphabet Inc. Class A | 4.85% | 11,020,055 | $1.7B | Reduce -3.0% |
| MCO Moody's Corp. | 4.33% | 3,782,289 | $1.5B | Reduce -3.7% |
| AZO AutoZone Inc. | 4.32% | 470,225 | $1.5B | Reduce -0.5% |
| MA Mastercard Inc. Class A | 3.98% | 2,836,351 | $1.4B | Reduce -4.1% |
| UNH Unitedhealth Group Inc. | 2.87% | 1,990,278 | $984.6M | Reduce -2.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 2.74% | 9,281,729 | $941.4M | Reduce -1.0% |
| SHW The Sherwin-Williams Co. | 2.58% | 2,550,779 | $886.0M | Reduce -3.0% |
| CME Cme Group Inc. | 2.25% | 3,578,470 | $770.4M | Add +3.2% |
| OTIS Otis Worldwide Corp. | 2.20% | 7,620,037 | $756.4M | Add +0.8% |
| ORCL Oracle Corp. | 2.02% | 5,529,561 | $694.6M | Reduce -3.8% |
| PEP Pepsico Inc. | 2.00% | 3,917,020 | $685.5M | Add +3.0% |
| MSCI MSCI Inc. | 1.99% | 1,221,101 | $684.4M | Reduce -6.8% |
| JNJ Johnson & Johnson | 1.98% | 4,300,061 | $680.2M | Add +0.7% |
| GGG Graco Inc. | 1.87% | 6,853,942 | $640.6M | Reduce -5.1% |
| CNI Canadian Natl Railway Co. | 1.84% | 4,804,644 | $633.1M | Reduce -3.3% |
| MTD Mettler-Toledo International | 1.61% | 415,969 | $553.8M | Reduce -1.8% |
| CARR Carrier Global Corp. | 1.50% | 8,836,399 | $513.7M | Reduce -4.4% |
| CP Canadian Pacific Kansas City | 1.44% | 5,595,481 | $493.7M | Add +0.7% |
| BDX Becton Dickinson and Co. | 1.39% | 1,931,946 | $478.1M | Reduce -4.2% |
| GIB Cgi Inc. | 1.35% | 4,190,472 | $462.6M | Add +2.6% |
| RY Royal Bank of Canada | 1.32% | 4,501,450 | $454.3M | Add +0.2% |
| TRI Thomson Reuters Corp. | 1.21% | 2,659,063 | $414.1M | Reduce -7.2% |
| SPGI S&P Global Inc. | 1.20% | 966,200 | $411.1M | Reduce -5.6% |
| HDB HDFC Bank Ltd.-ADR | 1.12% | 6,863,538 | $384.2M | Reduce -13.0% |
| WCN Waste Connections Inc. | 1.09% | 2,173,628 | $373.9M | Add +3.0% |
| NKE Nike Inc. Class B | 1.03% | 3,744,562 | $351.9M | Reduce -8.4% |
| TD Toronto-Dominion Bank | 1.01% | 5,724,760 | $345.7M | Reduce -0.9% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 0.95% | 3,334,320 | $325.7M | Add +6.7% |
| LIN Linde PLC | 0.87% | 645,658 | $299.8M | Add +3.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.87% | 671,464 | $298.1M | Add +2.2% |
| LOW Lowe's Cos Inc. | 0.84% | 1,136,566 | $289.5M | Add +1.5% |
| QSR Restaurant Brands Intern | 0.77% | 3,303,540 | $262.5M | Add +6.8% |
| VOO Vanguard S&P 500 ETF | 0.75% | 534,883 | $257.1M | Add +1.1% |
| TU Telus Corp. | 0.71% | 15,168,971 | $242.8M | Add +0.1% |
| ADBE Adobe Inc. | 0.70% | 478,283 | $241.3M | Add +16.3% |
| ALC Alcon Inc. filed as ALCON AG | 0.68% | 2,816,831 | $234.6M | Reduce -10.4% |
| DSGX The Descartes Systems Grp | 0.66% | 2,477,568 | $226.8M | Add +2.3% |
| RBA RB Global Inc. | 0.66% | 2,974,979 | $226.7M | Add +20.3% |
| STN Stantec Inc. | 0.62% | 2,571,953 | $213.7M | Add +0.9% |
| ADI Analog Devices Inc. | 0.59% | 1,029,917 | $203.7M | Add +3.9% |
| AON Aon PLC Class A | 0.55% | 567,093 | $189.3M | Reduce -16.4% |
| V Visa Inc. Class A | 0.55% | 676,441 | $188.8M | Add +13.5% |
| MIDD Middleby Corp. | 0.53% | 1,121,550 | $180.3M | Add +3.8% |
| FDS Factset Research Systems Inc. | 0.50% | 375,913 | $170.8M | Add +4.7% |
| IT Gartner Inc. | 0.34% | 248,008 | $118.2M | Add +29.6% |
| CNQ Canadian Natural Resources | 0.34% | 1,543,662 | $117.8M | Reduce -3.8% |
| ENTG Entegris Inc. | 0.34% | 820,203 | $115.3M | Reduce -2.7% |
| CL Colgate-Palmolive Co. | 0.32% | 1,225,701 | $110.4M | Add +8.6% |
| EW Edwards Lifesciences Corp. | 0.32% | 1,151,503 | $110.0M | Add +29.5% |
| HUBS HubSpot Inc. | 0.30% | 164,500 | $103.1M | Add +1.9% |
| ZTS Zoetis Inc. | 0.29% | 588,705 | $99.6M | Add +5.4% |
| GDDY GoDaddy Inc. Class A | 0.28% | 815,120 | $96.7M | Reduce -1.6% |
| BWXT BWX Technologies Inc. | 0.28% | 926,364 | $95.1M | Add +2.3% |
| TW Tradeweb Markets Inc. Class A | 0.28% | 909,910 | $94.8M | Add +45.8% |
| EME Emcor Group Inc. | 0.28% | 269,541 | $94.4M | Reduce -7.2% |
| WING Wingstop Inc. | 0.26% | 247,617 | $90.7M | Reduce -0.6% |
| H Hyatt Hotels Corp. Class A | 0.26% | 567,149 | $90.5M | Reduce -1.3% |
| IDXX Idexx Laboratories Inc. | 0.26% | 164,239 | $88.7M | Add +29.7% |
| VEEV Veeva Systems Inc. Class A | 0.25% | 374,768 | $86.8M | Add +29.6% |
| MDB Mongodb Inc. | 0.24% | 228,390 | $81.9M | Add +1.8% |
| SNPS Synopsys Inc. | 0.24% | 142,348 | $81.4M | Reduce -0.3% |
| SWAV Shockwave Medical Inc. | 0.24% | 248,634 | $81.0M | Add +1.9% |
| TMO Thermo Fisher Scientific Inc. | 0.23% | 135,045 | $78.5M | Add +28.8% |
| TYL Tyler Technologies Inc. | 0.23% | 183,698 | $78.1M | Add +1.9% |
| ADSK Autodesk Inc. | 0.23% | 297,327 | $77.4M | Add +29.6% |
| ANSS Ansys Inc. | 0.21% | 211,724 | $73.5M | Add +29.6% |
| GTLB Gitlab Inc. Class A | 0.21% | 1,227,781 | $71.6M | Add +2.3% |
| RCL Royal Caribbean Cruises Ltd. | 0.21% | 514,665 | $71.5M | Add +2.5% |
| NBIX Neurocrine Biosciences Inc. | 0.21% | 511,542 | $70.6M | Reduce -1.0% |
| AZPN Aspen Technology Inc. | 0.20% | 327,666 | $69.9M | Add +55.0% |
| FROG Jfrog Ltd. | 0.20% | 1,573,871 | $69.6M | Add +2.0% |
| TPR Tapestry Inc. | 0.20% | 1,445,224 | $68.6M | Add +2.1% |
| LSCC Lattice Semiconductor Corp. | 0.20% | 871,906 | $68.2M | Add +3.8% |
| AOS Smith (a.o.) Corp. | 0.19% | 747,508 | $66.9M | Reduce -2.1% |
| AMZN Amazon.com Inc. | 0.19% | 356,498 | $64.3M | Add +35.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.19% | 122,402 | $64.0M | Reduce -12.5% |
| ARGX Argenx SE - ADR | 0.19% | 162,089 | $63.8M | Reduce -0.8% |
| FOLD Amicus Therapeutics Inc. | 0.18% | 5,222,329 | $61.5M | Add +3.2% |
| BLD Topbuild Corp. | 0.18% | 137,063 | $60.4M | Reduce -35.9% |
| FTNT Fortinet Inc. | 0.18% | 882,798 | $60.3M | Add +13.1% |
| PCOR Procore Technologies Inc. | 0.17% | 724,228 | $59.5M | New |
| KVUE Kenvue Inc. | 0.17% | 2,740,006 | $58.8M | Reduce -66.1% |
| COST Costco Wholesale Corp. | 0.17% | 79,550 | $58.3M | Add +7.3% |
| DECK Deckers Outdoor Corp. | 0.17% | 61,332 | $57.7M | Add +1.7% |
| LAD Lithia Motors Inc. | 0.17% | 189,689 | $57.1M | Add +2.9% |
| NYT New York Times Co. Class A | 0.17% | 1,309,596 | $56.6M | Reduce -3.7% |
| RJF Raymond James Financial Inc. | 0.16% | 439,611 | $56.5M | Add +3.9% |
| IMCR Immunocore Holdings PLC-ADR | 0.16% | 866,412 | $56.3M | Add +2.3% |
| APLS Apellis Pharmaceuticals Inc. | 0.16% | 948,437 | $55.7M | Add +3.2% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 0.16% | 432,354 | $55.6M | New |
| NDSN Nordson Corp. | 0.16% | 202,373 | $55.6M | Reduce -4.0% |
| RRX Regal Rexnord Corp. | 0.16% | 302,034 | $54.4M | Add +3.8% |
| NVT Nvent Electric PLC | 0.16% | 719,203 | $54.2M | Add +7.0% |
| HUBB Hubbell Inc. | 0.16% | 130,203 | $54.0M | Add +4.9% |
| BMRN Biomarin Pharmaceutical Inc. | 0.16% | 615,944 | $53.8M | Reduce -5.9% |
| HEI.A Heico Corp. Class A | 0.15% | 343,924 | $52.9M | New |
| DHR Danaher Corp. | 0.15% | 210,323 | $52.5M | Reduce -4.2% |
| SF Stifel Financial Corp. | 0.15% | 670,527 | $52.4M | Add +45.4% |
Portfolio Sells Q4 2023 → Q1 2024
| HDB HDFC Bank Ltd.-ADR | Reduce -13.0% | 1.12% | −0.51 |
| UNH Unitedhealth Group Inc. | Reduce -2.3% | 2.87% | −0.42 |
| MCO Moody's Corp. | Reduce -3.7% | 4.33% | −0.38 |
| KVUE Kenvue Inc. | Reduce -66.1% | 0.17% | −0.36 |
| NKE Nike Inc. Class B | Reduce -8.4% | 1.03% | −0.34 |
| MSCI MSCI Inc. | Reduce -6.8% | 1.99% | −0.28 |
| MOH Molina Healthcare Inc. | Sold out | 0.00% | −0.24 |
| KRTX Karuna Therapeutics Inc. | Sold out | 0.00% | −0.23 |
| SPGI S&P Global Inc. | Reduce -5.6% | 1.20% | −0.19 |
| ARES Ares Management Corp. Class A | Reduce -97.7% | 0.00% | −0.18 |
| TD Toronto-Dominion Bank | Reduce -0.9% | 1.01% | −0.14 |
| CARR Carrier Global Corp. | Reduce -4.4% | 1.50% | −0.13 |
| MKTX Marketaxess Holdings Inc. | Sold out | 0.00% | −0.13 |
| BDX Becton Dickinson and Co. | Reduce -4.2% | 1.39% | −0.12 |
| FNV Franco-Nevada Corp. | Reduce -47.1% | 0.12% | −0.11 |
| CGNX Cognex Corp. | Sold out | 0.00% | −0.10 |
| TRI Thomson Reuters Corp. | Reduce -7.2% | 1.21% | −0.08 |
| LNTH Lantheus Holdings Inc. | Sold out | 0.00% | −0.08 |
| CNI Canadian Natl Railway Co. | Reduce -3.3% | 1.84% | −0.08 |
| GH Guardant Health Inc. | Sold out | 0.00% | −0.07 |
| ALC Alcon Inc. | Reduce -10.4% | 0.68% | −0.07 |
| BLD Topbuild Corp. | Reduce -35.9% | 0.18% | −0.07 |
| IWO iShares Russell 2000 Growth | Sold out | 0.00% | −0.07 |
| ECL Ecolab Inc. | Reduce -95.2% | 0.00% | −0.06 |
| GGG Graco Inc. | Reduce -5.1% | 1.87% | −0.06 |
| PHM Pultegroup Inc. | Reduce -36.8% | 0.13% | −0.06 |
| AON Aon PLC Class A | Reduce -16.4% | 0.55% | −0.05 |
| ETSY Etsy Inc. | Reduce -4.7% | 0.14% | −0.04 |
| NYT New York Times Co. Class A | Reduce -3.7% | 0.17% | −0.04 |
| BMRN Biomarin Pharmaceutical Inc. | Reduce -5.9% | 0.16% | −0.04 |
| GOOGL Alphabet Inc. Class A | Reduce -3.0% | 4.85% | −0.03 |
| ERO Ero Copper Corp. | Reduce -73.3% | 0.01% | −0.03 |
| POWI Power Integrations Inc. | Reduce -3.5% | 0.10% | −0.03 |
| AAPL Apple Inc. | Reduce -51.1% | 0.02% | −0.03 |
| HDV iShares Core High Dividend E | Reduce -92.5% | 0.00% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -12.5% | 0.19% | −0.02 |
| DLB Dolby Laboratories Inc. Class A | Reduce -3.6% | 0.14% | −0.02 |
| FTS Fortis Inc. | Reduce -6.7% | 0.09% | −0.02 |
| TDC Teradata Corp. | Sold out | 0.00% | −0.01 |
| VCYT Veracyte Inc. | Reduce -3.1% | 0.04% | −0.01 |
| QLYS Qualys Inc. | Sold out | 0.00% | −0.01 |
| NTR Nutrien Ltd. | Reduce -0.1% | 0.13% | −0.01 |
| TRP TC Energy Corp. | Reduce -7.0% | 0.13% | −0.01 |
| CPRT Copart Inc. | Sold out | 0.00% | −0.01 |
| DKS Dick's Sporting Goods Inc. | Sold out | 0.00% | −0.01 |
| SYF Synchrony Financial | Sold out | 0.00% | −0.01 |
| PVH PVH Corp. | Sold out | 0.00% | −0.01 |
| BERY Berry Global Group Inc. | Sold out | 0.00% | −0.01 |
| MOS The Mosaic Co. | Sold out | 0.00% | −0.01 |
| PBA Pembina Pipeline Corp. | Reduce -9.3% | 0.08% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| PCOR Procore Technologies Inc. | New | 0.17% | +0.17 |
| KSPI JSC Kaspi.kz ADR | New | 0.16% | +0.16 |
| HEI.A Heico Corp. Class A | New | 0.15% | +0.15 |
| RBA RB Global Inc. | Add +20.3% | 0.66% | +0.15 |
| CRBG Corebridge Financial Inc. | New | 0.15% | +0.15 |
| IDYA Ideaya Biosciences Inc. | New | 0.14% | +0.14 |
| WTFC Wintrust Financial Corp. | New | 0.13% | +0.13 |
| OTIS Otis Worldwide Corp. | Add +0.8% | 2.20% | +0.13 |
| EXPE Expedia Group Inc. | New | 0.12% | +0.12 |
| WCN Waste Connections Inc. | Add +3.0% | 1.09% | +0.12 |
| EW Edwards Lifesciences Corp. | Add +29.5% | 0.32% | +0.11 |
| TW Tradeweb Markets Inc. Class A | Add +45.8% | 0.28% | +0.10 |
| SWAV Shockwave Medical Inc. | Add +1.9% | 0.24% | +0.09 |
| CP Canadian Pacific Kansas City | Add +0.7% | 1.44% | +0.09 |
| LIN Linde PLC | Add +3.0% | 0.87% | +0.08 |
| VEEV Veeva Systems Inc. Class A | Add +29.6% | 0.25% | +0.08 |
| IT Gartner Inc. | Add +29.6% | 0.34% | +0.08 |
| LOW Lowe's Cos Inc. | Add +1.5% | 0.84% | +0.08 |
| V Visa Inc. Class A | Add +13.5% | 0.55% | +0.07 |
| HLNE Hamilton Lane Inc. Class A | Add +570.2% | 0.08% | +0.07 |
| CRNX Crinetics Pharmaceuticals Inc. | New | 0.06% | +0.06 |
| AMZN Amazon.com Inc. | Add +35.4% | 0.19% | +0.06 |
| BWXT BWX Technologies Inc. | Add +2.3% | 0.28% | +0.06 |
| AZPN Aspen Technology Inc. | Add +55.0% | 0.20% | +0.06 |
| TMO Thermo Fisher Scientific Inc. | Add +28.8% | 0.23% | +0.06 |
| SF Stifel Financial Corp. | Add +45.4% | 0.15% | +0.05 |
| ADSK Autodesk Inc. | Add +29.6% | 0.23% | +0.05 |
| CL Colgate-Palmolive Co. | Add +8.6% | 0.32% | +0.05 |
| DECK Deckers Outdoor Corp. | Add +1.7% | 0.17% | +0.04 |
| QQQ Invesco QQQ Trust Series 1 | Add +2.2% | 0.87% | +0.04 |
| IDXX Idexx Laboratories Inc. | Add +29.7% | 0.26% | +0.04 |
| EYPT Eyepoint Inc. | New | 0.04% | +0.04 |
| TPR Tapestry Inc. | Add +2.1% | 0.20% | +0.04 |
| VOO Vanguard S&P 500 ETF | Add +1.1% | 0.75% | +0.04 |
| FROG Jfrog Ltd. | Add +2.0% | 0.20% | +0.04 |
| MIDD Middleby Corp. | Add +3.8% | 0.53% | +0.04 |
| WST West Pharmaceutical Services | Add +27.8% | 0.14% | +0.04 |
| NVT Nvent Electric PLC | Add +7.0% | 0.16% | +0.04 |
| FTNT Fortinet Inc. | Add +13.1% | 0.18% | +0.04 |
| SRPT Sarepta Therapeutics Inc. | Add +5.4% | 0.14% | +0.04 |
| DSGX The Descartes Systems Grp | Add +2.3% | 0.66% | +0.03 |
| TBBB BBB Foods Inc. Class A | New | 0.03% | +0.03 |
| AUNA Auna SA Class A | New | 0.03% | +0.03 |
| ANSS Ansys Inc. | Add +29.6% | 0.21% | +0.03 |
| HUBB Hubbell Inc. | Add +4.9% | 0.16% | +0.03 |
| SWTX Springworks Therapeutics Inc. | Add +2.7% | 0.13% | +0.03 |
| INFA Informatica Inc. Class A | New | 0.03% | +0.03 |
| RRX Regal Rexnord Corp. | Add +3.8% | 0.16% | +0.03 |
| META Meta Platforms Inc. Class A | Add +284.6% | 0.03% | +0.02 |
| LSCC Lattice Semiconductor Corp. | Add +3.8% | 0.20% | +0.02 |
Notes & Other Activity Q4 2023 → Q1 2024
| VNET GROUP INC (VNET 0 02/01/26) | NOTE 2/0 · principal | Sold out | 3,999,999 | $3.9Mbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 401 | $27.6B | TSM, GOOGL, MSFT, MCO, MA |
| Q1 2026 | 412 | $29.2B | TSM, GOOGL, MSFT, MCO, MA |
| Q4 2025 | 417 | $31.5B | GOOGL, TSM, MSFT, MCO, MA |
| Q3 2025 | 436 | $30.9B | TSM, MSFT, GOOGL, AZO, MCO |
| Q2 2025 | 439 | $29.5B | MSFT, TSM, GOOGL, MCO, AZO |
| Q1 2025 | 461 | $27.7B | MSFT, TSM, AZO, GOOGL, MCO |
| Q4 2024 | 452 | $31.8B | TSM, MSFT, GOOGL, MCO, AZO |
| Q3 2024 | 456 | $33.3B | MSFT, TSM, GOOGL, MCO, AZO |
| Q2 2024Amended | 445 | $32.3B | MSFT, TSM, GOOGL, MCO, AZO |
| Q1 2024Amended | 476 | $34.3B | MSFT, TSM, GOOGL, MCO, AZO |