Fiera Capital Corp
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 12, 2026), Fiera Capital Corp reported 412 stock positions worth $29.2 billion. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 6.0% of the portfolio, followed by Alphabet Class A (GOOGL, 5.5%) and Microsoft (MSFT, 4.2%). Compared with Q4 2025, it opened 39 new positions, sold out of 43, added to 168 and reduced 170. The biggest buy was Linde (LIN, shares +81%) and the biggest sale Oracle (ORCL, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- MONTREAL, A8
- CIK
- 0001505817
- Portfolio Value
- $29.2B (Q1 2026)
- SEC Filing
- 0001505817-26-000007 ↗ filed May 12, 2026
Holdings Value
Holdings 412 stocks · $29.2B
| TSM Taiwan Semiconductor-SP ADR | 6.02% | 5,210,034 | $1.8B | Reduce -13.5% |
| GOOGL Alphabet Inc. Class A | 5.54% | 5,632,241 | $1.6B | Reduce -7.7% |
| MSFT Microsoft Corp. | 4.17% | 3,289,871 | $1.2B | Add +1.2% |
| MCO Moody's Corp. | 3.52% | 2,356,454 | $1.0B | Reduce -0.7% |
| MA Mastercard Inc. Class A | 3.20% | 1,869,288 | $934.0M | Add +10.6% |
| AZO AutoZone Inc. | 3.02% | 261,043 | $881.7M | Reduce -3.5% |
| CME Cme Group Inc. | 2.72% | 2,687,105 | $793.6M | Add +1.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 2.58% | 4,716,647 | $753.2M | Reduce -4.2% |
| RY Royal Bank of Canada | 2.33% | 4,220,026 | $681.0M | Reduce -7.0% |
| CNI Canadian Natl Railway Co. | 2.18% | 6,191,510 | $636.2M | Reduce -6.9% |
| SHW The Sherwin-Williams Co. | 1.95% | 1,775,226 | $569.0M | Add +0.3% |
| JNJ Johnson & Johnson | 1.87% | 2,240,155 | $547.6M | Reduce -8.9% |
| MSCI MSCI Inc. | 1.81% | 981,698 | $529.1M | Add +2.0% |
| QSR Restaurant Brands Intern | 1.69% | 6,692,221 | $494.4M | Reduce -2.1% |
| BMO Bank of Montreal filed as BANK MONTREAL MEDIUM | 1.61% | 3,486,620 | $471.4M | Reduce -12.4% |
| CP Canadian Pacific Kansas City | 1.59% | 5,905,413 | $463.9M | Reduce -5.0% |
| QQQ Invesco QQQ Trust Series 1 | 1.50% | 761,153 | $439.3M | Reduce -0.5% |
| PEP Pepsico Inc. | 1.44% | 2,715,499 | $421.7M | Reduce -0.9% |
| WCN Waste Connections Inc. | 1.41% | 2,547,069 | $413.1M | Reduce -7.9% |
| MTD Mettler-Toledo International | 1.36% | 314,354 | $396.5M | Add +1.4% |
| CARR Carrier Global Corp. | 1.28% | 6,666,102 | $375.4M | Reduce -3.7% |
| LIN Linde PLC | 1.28% | 756,862 | $375.2M | Add +80.6% |
| OTIS Otis Worldwide Corp. | 1.28% | 4,866,896 | $375.1M | Reduce -3.0% |
| GIB Cgi Inc. | 1.25% | 5,019,479 | $366.3M | Reduce -7.0% |
| RBA RB Global Inc. | 1.21% | 3,692,061 | $353.5M | Reduce -11.2% |
| GGG Graco Inc. | 1.14% | 3,938,901 | $333.4M | Reduce -4.3% |
| CPRT Copart Inc. | 1.02% | 9,012,247 | $299.2M | Add +2.1% |
| RCI Rogers Communications Inc. Class B | 0.98% | 7,437,822 | $285.6M | Add +3.4% |
| AMZN Amazon.com Inc. | 0.92% | 1,287,850 | $268.2M | Add +11.4% |
| UNH Unitedhealth Group Inc. | 0.83% | 898,935 | $243.2M | Reduce -0.1% |
| SU Suncor Energy Inc. | 0.77% | 3,386,302 | $223.6M | Add +146.6% |
| VOO Vanguard S&P 500 ETF | 0.75% | 368,608 | $220.3M | Reduce -23.5% |
| CNQ Canadian Natural Resources | 0.74% | 4,437,467 | $216.1M | Add +243.0% |
| TU Telus Corp. | 0.71% | 16,258,624 | $208.7M | Reduce -6.4% |
| SPGI S&P Global Inc. | 0.69% | 476,622 | $202.7M | Reduce -26.0% |
| TRI Thomson Reuters Corp. | 0.66% | 2,133,045 | $191.9M | Add +18.7% |
| ADI Analog Devices Inc. | 0.62% | 568,658 | $180.9M | Reduce -6.0% |
| AON Aon PLC Class A | 0.61% | 550,287 | $177.6M | Add +3.1% |
| STN Stantec Inc. | 0.60% | 2,016,034 | $174.0M | Add +1.8% |
| INSM Insmed Inc. | 0.57% | 1,021,970 | $167.1M | Add +2.9% |
| ARGX Argenx SE - ADR | 0.54% | 217,198 | $158.6M | Reduce -3.9% |
| HLT Hilton Worldwide Holdings Inc. | 0.54% | 516,571 | $157.1M | Reduce -9.1% |
| ALC Alcon Inc. filed as ALCON AG | 0.53% | 2,060,804 | $155.3M | Add +1.6% |
| BWXT BWX Technologies Inc. | 0.51% | 729,269 | $149.1M | Add +0.8% |
| SLF Sun Life Financial Inc. | 0.49% | 2,301,995 | $144.0M | Add +239.9% |
| LOW Lowe's Cos Inc. | 0.48% | 594,741 | $140.5M | Reduce -10.1% |
| AAPL Apple Inc. | 0.48% | 549,008 | $139.3M | Add +0.4% |
| CW Curtiss-Wright Corp. | 0.48% | 204,498 | $139.3M | Add +0.8% |
| V Visa Inc. Class A | 0.43% | 412,263 | $124.6M | Reduce -17.8% |
| FROG Jfrog Ltd. | 0.37% | 2,326,298 | $109.2M | Add +3.2% |
| FIX Comfort Systems USA Inc. | 0.36% | 76,892 | $106.0M | Reduce -0.3% |
| ENTG Entegris Inc. | 0.36% | 888,194 | $104.1M | Add +2.2% |
| LSCC Lattice Semiconductor Corp. | 0.34% | 1,071,828 | $99.4M | Add +2.6% |
| ANET Arista Networks Inc. | 0.34% | 808,951 | $99.3M | Reduce -0.3% |
| MSI Motorola Solutions Inc. | 0.34% | 227,754 | $98.8M | Reduce -2.9% |
| EME Emcor Group Inc. | 0.33% | 129,480 | $95.6M | Add +0.1% |
| MDGL Madrigal Pharmaceuticals Inc. | 0.31% | 174,011 | $91.1M | Add +2.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.31% | 139,759 | $90.9M | Reduce -2.2% |
| SF Stifel Financial Corp. | 0.31% | 1,225,145 | $90.6M | Add +1.5% |
| CL Colgate-Palmolive Co. | 0.30% | 1,033,739 | $88.1M | Add +0.4% |
| KLAC KLA Corp. | 0.29% | 58,407 | $86.0M | Add +201.1% |
| NBIX Neurocrine Biosciences Inc. | 0.29% | 651,255 | $85.8M | Add +2.2% |
| EQT Eqt Corp. | 0.29% | 1,345,167 | $85.6M | Add +0.0% |
| IDYA Ideaya Biosciences Inc. | 0.29% | 2,527,076 | $84.2M | Add +3.7% |
| SUNB Sunbelt Rentals Holdings Inc. | 0.28% | 1,249,410 | $81.3M | New |
| HUBB Hubbell Inc. | 0.27% | 159,856 | $78.4M | Add +0.0% |
| LECO Lincoln Electric Holdings | 0.26% | 310,283 | $77.3M | Add +2.0% |
| WTFC Wintrust Financial Corp. | 0.26% | 548,112 | $76.2M | Add +2.5% |
| COST Costco Wholesale Corp. | 0.26% | 75,752 | $75.5M | Add +0.2% |
| APH Amphenol Corp. Class A | 0.26% | 592,245 | $74.8M | Reduce -36.5% |
| SHOP Shopify Inc. Class A | 0.25% | 609,013 | $72.1M | Add +4250.4% |
| WPM Wheaton Precious Metals Corp. | 0.25% | 549,624 | $72.0M | Reduce -18.2% |
| HDB HDFC Bank Ltd.-ADR | 0.25% | 2,884,136 | $71.8M | Reduce -66.1% |
| FNV Franco-Nevada Corp. | 0.25% | 289,772 | $71.6M | Reduce -19.4% |
| MOD Modine Manufacturing Co. | 0.24% | 327,178 | $70.9M | Add +1.3% |
| CHWY Chewy Inc. Class A | 0.24% | 2,593,763 | $70.0M | Add +28.4% |
| DG Dollar General Corp. | 0.24% | 586,070 | $69.6M | Reduce -9.5% |
| MUSA Murphy USA Inc. | 0.24% | 139,502 | $68.9M | Add +5.0% |
| EXPE Expedia Group Inc. | 0.23% | 296,913 | $68.6M | Reduce -23.0% |
| MLI Mueller Industries Inc. | 0.23% | 609,104 | $67.5M | Add +2.0% |
| NDSN Nordson Corp. | 0.23% | 247,829 | $65.9M | Reduce -0.0% |
| AIT Applied Industrial Tech Inc. | 0.22% | 247,606 | $65.7M | Add +3.3% |
| META Meta Platforms Inc. Class A | 0.22% | 110,345 | $63.1M | Reduce -18.7% |
| NKE Nike Inc. Class B | 0.21% | 1,189,195 | $62.8M | Reduce -1.9% |
| CAE Cae Inc. | 0.20% | 2,300,829 | $59.9M | Add +136.2% |
| DSGX The Descartes Systems Grp | 0.20% | 837,190 | $59.9M | Reduce -39.0% |
| SNPS Synopsys Inc. | 0.20% | 150,587 | $59.7M | Reduce -23.4% |
| FDS Factset Research Systems Inc. | 0.20% | 266,521 | $57.8M | Reduce -1.8% |
| BLDR Builders Firstsource Inc. | 0.19% | 686,889 | $56.6M | Add +5.0% |
| EWBC East West Bancorp Inc. | 0.19% | 528,327 | $56.4M | Add +2.5% |
| TXN Texas Instruments Inc. | 0.19% | 288,777 | $56.1M | Add +29.4% |
| HEI.A Heico Corp. Class A | 0.19% | 263,011 | $55.5M | Reduce -26.8% |
| ABBV Abbvie Inc. | 0.18% | 246,062 | $53.5M | Reduce -1.9% |
| AXP American Express Co. | 0.18% | 175,974 | $53.2M | Add +6.4% |
| HLI Houlihan Lokey Inc. | 0.18% | 361,609 | $51.9M | Add +2.6% |
| BLD Topbuild Corp. | 0.18% | 147,366 | $51.8M | Reduce -12.0% |
| PCOR Procore Technologies Inc. | 0.18% | 900,890 | $51.4M | Add +3.3% |
| AVGO Broadcom Inc. | 0.17% | 164,267 | $50.8M | Add +1532.4% |
| C Citigroup Inc. | 0.17% | 447,554 | $50.8M | Reduce -9.2% |
| HUBS HubSpot Inc. | 0.17% | 207,299 | $50.6M | Add +4.2% |
Portfolio Sells Q4 2025 → Q1 2026
| ORCL Oracle Corp. | Reduce -99.4% | 0.01% | −1.58 |
| HDB HDFC Bank Ltd.-ADR | Reduce -66.1% | 0.25% | −0.74 |
| GOOGL Alphabet Inc. Class A | Reduce -7.7% | 5.54% | −0.51 |
| SPGI S&P Global Inc. | Reduce -26.0% | 0.69% | −0.37 |
| GIB Cgi Inc. | Reduce -7.0% | 1.25% | −0.33 |
| MCO Moody's Corp. | Reduce -0.7% | 3.52% | −0.33 |
| VOO Vanguard S&P 500 ETF | Reduce -23.5% | 0.75% | −0.20 |
| VEEV Veeva Systems Inc. Class A | Sold out | 0.00% | −0.18 |
| DSGX The Descartes Systems Grp | Reduce -39.0% | 0.20% | −0.18 |
| WING Wingstop Inc. | Sold out | 0.00% | −0.17 |
| NOW ServiceNow Inc. | Reduce -51.4% | 0.09% | −0.16 |
| RBA RB Global Inc. | Reduce -11.2% | 1.21% | −0.15 |
| APH Amphenol Corp. Class A | Reduce -36.5% | 0.26% | −0.14 |
| AJG Arthur J Gallagher & Co. | Sold out | 0.00% | −0.13 |
| V Visa Inc. Class A | Reduce -17.8% | 0.43% | −0.13 |
| MNDY Monday.com Ltd. | Sold out | 0.00% | −0.13 |
| RY Royal Bank of Canada | Reduce -7.0% | 2.33% | −0.12 |
| WCN Waste Connections Inc. | Reduce -7.9% | 1.41% | −0.12 |
| BSY Bentley Systems Inc. Class B | Sold out | 0.00% | −0.12 |
| EXPE Expedia Group Inc. | Reduce -23.0% | 0.23% | −0.11 |
| UNH Unitedhealth Group Inc. | Reduce -0.1% | 0.83% | −0.11 |
| OTIS Otis Worldwide Corp. | Reduce -3.0% | 1.28% | −0.11 |
| FTDR Frontdoor Inc. | Reduce -60.7% | 0.07% | −0.11 |
| TMO Thermo Fisher Scientific Inc. | Reduce -39.1% | 0.13% | −0.10 |
| HEI.A Heico Corp. Class A | Reduce -26.8% | 0.19% | −0.10 |
| ZTS Zoetis Inc. | Reduce -63.7% | 0.06% | −0.09 |
| ROL Rollins Inc. | Reduce -34.2% | 0.16% | −0.09 |
| SNPS Synopsys Inc. | Reduce -23.4% | 0.20% | −0.09 |
| TW Tradeweb Markets Inc. Class A | Reduce -42.8% | 0.16% | −0.08 |
| ISRG Intuitive Surgical Inc. | Reduce -25.8% | 0.15% | −0.08 |
| IDXX Idexx Laboratories Inc. | Reduce -27.2% | 0.14% | −0.07 |
| META Meta Platforms Inc. Class A | Reduce -18.7% | 0.22% | −0.07 |
| GWRE Guidewire Software Inc. | Reduce -25.6% | 0.10% | −0.07 |
| ARGX Argenx SE - ADR | Reduce -3.9% | 0.54% | −0.06 |
| IWO iShares Russell 2000 Growth | Reduce -88.2% | 0.01% | −0.06 |
| FDS Factset Research Systems Inc. | Reduce -1.8% | 0.20% | −0.05 |
| AGI Alamos Gold Inc. Class A | Sold out | 0.00% | −0.05 |
| LRCX Lam Research Corp. | Reduce -46.0% | 0.12% | −0.05 |
| BLD Topbuild Corp. | Reduce -12.0% | 0.18% | −0.04 |
| CIGI Colliers Intl GR-Subord Vot | Sold out | 0.00% | −0.04 |
| UPWK Upwork Inc. | Reduce -10.7% | 0.05% | −0.04 |
| OR Or Royalties Inc. | Sold out | 0.00% | −0.04 |
| TYL Tyler Technologies Inc. | Reduce -0.0% | 0.17% | −0.04 |
| FSV Firstservice Corp. | Reduce -33.2% | 0.07% | −0.04 |
| MTSI Macom Technology Solutions H | Reduce -40.6% | 0.17% | −0.03 |
| DG Dollar General Corp. | Reduce -9.5% | 0.24% | −0.03 |
| NKE Nike Inc. Class B | Reduce -1.9% | 0.21% | −0.03 |
| RJF Raymond James Financial Inc. | Sold out | 0.00% | −0.03 |
| KSPI JSC Kaspi.kz ADR | Reduce -35.2% | 0.06% | −0.03 |
| BMO Bank of Montreal | Reduce -12.4% | 1.61% | −0.03 |
Portfolio Buys Q4 2025 → Q1 2026
| LIN Linde PLC | Add +80.6% | 1.28% | +0.72 |
| CNQ Canadian Natural Resources | Add +243.0% | 0.74% | +0.60 |
| SU Suncor Energy Inc. | Add +146.6% | 0.77% | +0.57 |
| CME Cme Group Inc. | Add +1.9% | 2.72% | +0.43 |
| SLF Sun Life Financial Inc. | Add +239.9% | 0.49% | +0.36 |
| SUNB Sunbelt Rentals Holdings Inc. | New | 0.28% | +0.28 |
| SHOP Shopify Inc. Class A | Add +4250.4% | 0.25% | +0.24 |
| KLAC KLA Corp. | Add +201.1% | 0.29% | +0.22 |
| AVGO Broadcom Inc. | Add +1532.4% | 0.17% | +0.16 |
| RACE Ferrari NV | New | 0.15% | +0.15 |
| MA Mastercard Inc. Class A | Add +10.6% | 3.20% | +0.14 |
| CTAS Cintas Corp. | New | 0.13% | +0.13 |
| TERN Terns Pharmaceuticals Inc. | New | 0.13% | +0.13 |
| SHW The Sherwin-Williams Co. | Add +0.3% | 1.95% | +0.13 |
| ENTG Entegris Inc. | Add +2.2% | 0.36% | +0.12 |
| AM Antero Midstream Corp. | New | 0.12% | +0.12 |
| CW Curtiss-Wright Corp. | Add +0.8% | 0.48% | +0.12 |
| AEM Agnico Eagle Mines Ltd. | Add +981.6% | 0.13% | +0.12 |
| TD Toronto-Dominion Bank | Add +280.1% | 0.16% | +0.12 |
| RCI Rogers Communications Inc. Class B | Add +3.4% | 0.98% | +0.12 |
| BWXT BWX Technologies Inc. | Add +0.8% | 0.51% | +0.11 |
| INTU Intuit Inc. | New | 0.11% | +0.11 |
| CAE Cae Inc. | Add +136.2% | 0.20% | +0.11 |
| MOD Modine Manufacturing Co. | Add +1.3% | 0.24% | +0.11 |
| LSCC Lattice Semiconductor Corp. | Add +2.6% | 0.34% | +0.10 |
| GILD Gilead Sciences Inc. | New | 0.09% | +0.09 |
| DYN Dyne Therapeutics Inc. | New | 0.09% | +0.09 |
| MRK Merck & Co. Inc. | New | 0.08% | +0.08 |
| BBIO Bridgebio Pharma Inc. | New | 0.08% | +0.08 |
| AZN Astrazeneca PLC | Add +2676.6% | 0.08% | +0.08 |
| EME Emcor Group Inc. | Add +0.1% | 0.33% | +0.08 |
| COGT Cogent Biosciences Inc. | New | 0.07% | +0.07 |
| AMZN Amazon.com Inc. | Add +11.4% | 0.92% | +0.07 |
| PI Impinj Inc. | New | 0.07% | +0.07 |
| TXN Texas Instruments Inc. | Add +29.4% | 0.19% | +0.07 |
| VZ Verizon Communications Inc. | New | 0.07% | +0.07 |
| MUSA Murphy USA Inc. | Add +5.0% | 0.24% | +0.07 |
| LRN Stride Inc. | Add +42.4% | 0.13% | +0.07 |
| EQT Eqt Corp. | Add +0.0% | 0.29% | +0.06 |
| ORLY O'reilly Automotive Inc. | Add +51.0% | 0.16% | +0.06 |
| SLB SLB Ltd. | Add +5642.6% | 0.06% | +0.06 |
| CM Can Imperial BK of Commerce | Add +474.3% | 0.07% | +0.06 |
| GE General Electric | Add +5407.8% | 0.06% | +0.06 |
| MSCI MSCI Inc. | Add +2.0% | 1.81% | +0.06 |
| WWD Woodward Inc. | New | 0.06% | +0.06 |
| PRCT Procept Biorobotics Corp. | Add +249.9% | 0.08% | +0.06 |
| ADSK Autodesk Inc. | Add +121.7% | 0.11% | +0.05 |
| COST Costco Wholesale Corp. | Add +0.2% | 0.26% | +0.05 |
| ENB Enbridge Inc. | Add +154.2% | 0.07% | +0.05 |
| XENE Xenon Pharmaceuticals Inc. | Add +3.4% | 0.14% | +0.04 |
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 |