Guardian Capital Advisors LP

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), Guardian Capital Advisors LP reported 172 stock positions worth $938.8 million. Its top holding was Royal Bank of Canada (RY) at 5.9% of the portfolio, followed by Toronto-Dominion Bank (TD, 4.3%) and Bank of Montreal (BMO, 3.3%). Compared with Q1 2024, it opened 8 new positions, sold out of 6, added to 54 and reduced 84. The biggest buy was a new position in Invesco KBW Bank ETF (KBWB) and the biggest sale Toronto-Dominion Bank (TD, shares −14%).

Most Recent 13F
Q3 2024
Location
TORONTO, A6
CIK
0001512652
Portfolio Value
$938.8M (Q2 2024)
SEC Filing
0001062993-24-014901 ↗ filed Aug 13, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $927.6M Q1 2024 Q2 2024: $938.8M $938.8M Q2 2024 Q3 2024: $1.0B Q3 2024

Holdings 172 stocks · $938.8M
RY Royal Bank of Canada 5.94% 505,755 $55.8M Reduce -11.0%
TD Toronto-Dominion Bank 4.27% 721,716 $40.1M Reduce -13.9%
BMO Bank of Montreal filed as BANK MONTREAL QUE 3.30% 365,108 $31.0M Reduce -9.7%
MSFT Microsoft Corp. 3.23% 65,124 $30.4M Reduce -5.0%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 3.12% 636,158 $29.3M Reduce -6.1%
ENB Enbridge Inc. 3.02% 795,402 $28.3M Add +3.1%
CNI Canadian Natl Railway Co. 2.83% 225,485 $26.6M Add +2.3%
CNQ Canadian Natural Resources 2.25% 588,510 $21.1M Reduce -5.5%
AAPL Apple Inc. 2.23% 89,835 $20.9M Add +0.9%
JPM JPMorgan Chase & Co. 2.18% 98,307 $20.4M Reduce -3.7%
NVO Novo-Nordisk A/S-Spons ADR 1.97% 129,766 $18.5M Reduce -7.4%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM TO 1.88% 361,326 $17.6M Reduce -4.7%
VUG Vanguard Mrngstar GR ETF-Sui 1.80% 43,120 $16.9M Reduce -15.3%
EMR Emerson Electric Co. 1.57% 132,400 $14.8M Reduce -1.1%
JNJ Johnson & Johnson 1.54% 96,939 $14.5M Reduce -0.7%
PEP Pepsico Inc. 1.53% 87,697 $14.3M Add +2.1%
KBWB Invesco KBW Bank ETF 1.46% 248,520 $13.7M New
MCD McDonald's Corp. 1.43% 53,610 $13.4M Add +0.6%
NTR Nutrien Ltd. 1.43% 278,538 $13.4M Add +8.0%
TU Telus Corp. 1.42% 875,363 $13.3M Add +1.9%
ING ING Groep N.V.-Sponsored ADR 1.41% 730,911 $13.2M Reduce -0.3%
DUK Duke Energy Corp. 1.37% 125,151 $12.9M Add +1.9%
BAM Brookfield Asset Mgmt-A 1.33% 322,020 $12.5M Add +4.3%
BN Brookfield Corp. 1.33% 285,334 $12.5M Reduce -6.9%
EWJV iShares MSCI Japan Value ETF 1.24% 356,208 $11.7M Add +35.0%
BCE Bce Inc. 1.24% 367,030 $11.6M Reduce -1.2%
IMO Imperial Oil Ltd. 1.23% 167,462 $11.5M Reduce -2.1%
FTS Fortis Inc. 1.17% 277,770 $11.0M Add +6.9%
WMT Walmart Inc. 1.16% 154,561 $10.9M Reduce -3.4%
CVX Chevron Corp. 1.13% 68,210 $10.6M Reduce -1.1%
SAP Sap SE-Sponsored ADR 1.11% 51,615 $10.4M Add +3.8%
NGG National Grid PLC-SP ADR 1.11% 169,690 $10.4M Add +1.3%
SU Suncor Energy Inc. 1.08% 269,437 $10.2M Reduce -11.2%
COST Costco Wholesale Corp. 1.08% 11,481 $10.2M Reduce -12.0%
RCI Rogers Communications Inc. Class B 1.06% 274,249 $9.9M Add +10.2%
SNY Sanofi-ADR 0.99% 182,069 $9.3M Add +3.6%
UNH Unitedhealth Group Inc. 0.97% 18,242 $9.1M Reduce -2.0%
PBA Pembina Pipeline Corp. 0.97% 242,838 $9.1M Reduce -0.7%
TSM Taiwan Semiconductor-SP ADR 0.96% 47,053 $9.0M Reduce -10.0%
MA Mastercard Inc. Class A 0.95% 20,641 $9.0M Add +6.3%
TTE Totalenergies SE -Spon ADR 0.92% 126,656 $8.6M Reduce -0.5%
TXN Texas Instruments Inc. 0.90% 41,622 $8.5M Add +10.9%
SLF Sun Life Financial Inc. 0.88% 167,406 $8.3M Reduce -4.9%
MGA Magna International Inc. 0.80% 172,556 $7.5M Add +17.0%
AXP American Express Co. 0.78% 30,822 $7.4M Reduce -6.9%
TRP TC Energy Corp. 0.77% 189,104 $7.2M Reduce -5.1%
DFEM Dimensional Emrg MRKT Core 0.75% 264,437 $7.1M No change
DEO Diageo PLC-Sponsored ADR 0.74% 53,965 $7.0M Add +6.0%
GOOGL Alphabet Inc. Class A 0.72% 35,138 $6.7M Reduce -3.5%
QCOM Qualcomm Inc. 0.71% 31,797 $6.6M Reduce -15.2%
ORCL Oracle Corp. 0.69% 45,775 $6.5M Reduce -17.9%
SPY SS SPDR S&P 500 ETF Trust-US 0.67% 11,210 $6.3M Reduce -4.7%
MUFG Mitsubishi Ufj Finl-Spon ADR 0.67% 562,311 $6.3M Add +34.4%
BHP BHP Group Ltd.-Spon ADR 0.62% 100,080 $5.9M Reduce -9.6%
AFL Aflac Inc. 0.61% 63,688 $5.7M Add +0.3%
OTEX Open Text Corp. 0.58% 174,727 $5.4M Add +32.1%
MFC Manulife Financial Corp. 0.57% 199,369 $5.4M Reduce -6.1%
RTX RTX Corp. 0.57% 53,427 $5.4M Reduce -1.1%
AEM Agnico Eagle Mines Ltd. 0.57% 73,573 $5.4M Reduce -23.7%
CMCSA Comcast Corp. Class A 0.54% 134,244 $5.0M Reduce -1.0%
ABCL Abcellera Biologics Inc. 0.53% 1,786,414 $5.0M No change
AEP American Electric Power 0.45% 47,531 $4.2M Add +3.0%
NKE Nike Inc. Class B 0.43% 55,911 $4.1M Add +5.5%
PFE Pfizer Inc. 0.40% 133,545 $3.8M Reduce -8.0%
SBUX Starbucks Corp. 0.39% 51,045 $3.7M Add +3.2%
WFC Wells Fargo & Co. 0.39% 61,808 $3.7M Reduce -7.8%
AZN Astrazeneca PLC-Spons ADR 0.39% 46,662 $3.6M Reduce -10.1%
FCX Freeport-McMoran Inc. 0.39% 70,165 $3.6M Add +0.3%
VOO Vanguard S&P 500 ETF 0.35% 6,441 $3.3M Add +0.1%
ELV Elevance Health Inc. 0.35% 6,151 $3.3M Reduce -8.9%
TRI Thomson Reuters Corp. 0.34% 18,940 $3.2M Reduce -13.1%
BIP Brookfield Infrastructure Pa 0.34% 107,799 $3.2M Reduce -12.3%
BAX Baxter International Inc. 0.33% 90,890 $3.1M Reduce -2.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.33% 31,760 $3.1M Add +5.3%
INTU Intuit Inc. 0.32% 4,702 $3.0M Add +107.4%
UL Unilever PLC 0.31% 52,245 $3.0M Reduce -17.5%
WCN Waste Connections Inc. 0.31% 16,290 $2.9M Add +1.1%
LLY Eli Lilly & Co. 0.30% 3,017 $2.8M Reduce -3.5%
TIP iShares Tips Bond ETF 0.28% 24,393 $2.6M No change
MKTX Marketaxess Holdings Inc. 0.27% 12,460 $2.6M Add +23.9%
WPM Wheaton Precious Metals Corp. 0.27% 44,200 $2.6M Add +9.0%
GOOG Alphabet Inc. Class C 0.25% 12,245 $2.4M Reduce -11.8%
VEA Vanguard Ftse Developed ETF 0.25% 45,776 $2.3M Reduce -19.6%
CME Cme Group Inc. 0.22% 10,595 $2.1M Reduce -9.7%
CP Canadian Pacific Kansas City 0.22% 25,330 $2.0M Reduce -40.1%
LIN Linde PLC 0.20% 4,276 $1.9M Add +81.9%
CVE Cenovus Energy Inc. 0.19% 92,791 $1.8M Reduce -29.3%
CCJ Cameco Corp. 0.19% 32,678 $1.7M Reduce -16.5%
BXP BXP Inc. filed as BOSTON PROPERTIES INC 0.18% 27,835 $1.7M Add +21.6%
BEP Brookfield Renewable Partner 0.18% 65,184 $1.7M Add +1.3%
WAT Waters Corp. 0.18% 5,840 $1.7M Add +18.3%
NDAQ Nasdaq Inc. 0.17% 26,325 $1.6M Add +361.8%
TECK Teck Resources Ltd.-CLS B 0.17% 31,872 $1.6M Reduce -13.3%
BRK.B Berkshire Hathaway Inc. Class B 0.17% 3,807 $1.6M Reduce -11.3%
VRSK Verisk Analytics Inc. 0.16% 5,354 $1.5M Add +4.0%
PANW Palo Alto Networks Inc. 0.15% 4,150 $1.4M Reduce -1.2%
ACN Accenture PLC Class A 0.15% 4,625 $1.4M Reduce -5.6%
ILMN Illumina Inc. 0.14% 11,431 $1.3M Add +26.9%
WYNN WYNN Resorts Ltd. 0.14% 15,300 $1.3M Add +47.1%
AQN Algonquin Power & Utilities 0.13% 204,874 $1.2M Reduce -4.3%

Show all 172 holdings

Portfolio Sells Q1 2024 → Q2 2024
TD Toronto-Dominion Bank Reduce -13.9% 4.27% −0.93
XLF SS Financial Select Sector Reduce -94.2% 0.05% −0.84
BMO Bank of Montreal Reduce -9.7% 3.30% −0.72
NVS Novartis AG-Sponsored ADR Reduce -95.0% 0.03% −0.41
CNQ Canadian Natural Resources Reduce -5.5% 2.25% −0.38
BNS Bank of Nova Scotia Reduce -6.1% 3.12% −0.33
SU Suncor Energy Inc. Reduce -11.2% 1.08% −0.17
CP Canadian Pacific Kansas City Reduce -40.1% 0.22% −0.17
CVE Cenovus Energy Inc. Reduce -29.3% 0.19% −0.10
AEM Agnico Eagle Mines Ltd. Reduce -23.7% 0.57% −0.09
SLF Sun Life Financial Inc. Reduce -4.9% 0.88% −0.08
CF CF Industries Holdings Inc. Sold out 0.00% −0.08
BHP BHP Group Ltd.-Spon ADR Reduce -9.6% 0.62% −0.07
BCE Bce Inc. Reduce -1.2% 1.24% −0.07
CM Can Imperial BK of Commerce Reduce -4.7% 1.88% −0.07
IMO Imperial Oil Ltd. Reduce -2.1% 1.23% −0.07
RY Royal Bank of Canada Reduce -11.0% 5.94% −0.07
TTE Totalenergies SE -Spon ADR Reduce -0.5% 0.92% −0.07
BAX Baxter International Inc. Reduce -2.5% 0.33% −0.07
CRM Salesforce Inc. Reduce -59.4% 0.03% −0.06
FANG Diamondback Energy Inc. Reduce -40.8% 0.08% −0.06
VEA Vanguard Ftse Developed ETF Reduce -19.6% 0.25% −0.05
EMXC iShares MSCI Emr MRK Ex Chna Sold out 0.00% −0.05
UPS United Parcel Service Class B Reduce -47.5% 0.04% −0.05
CME Cme Group Inc. Reduce -9.7% 0.22% −0.05
BLK BlackRock Finance Inc. Reduce -39.8% 0.07% −0.04
CVX Chevron Corp. Reduce -1.1% 1.13% −0.04
CMCSA Comcast Corp. Class A Reduce -1.0% 0.54% −0.04
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -25.4% 0.09% −0.03
CLS Celestica Inc. Sold out 0.00% −0.03
TRI Thomson Reuters Corp. Reduce -13.1% 0.34% −0.03
DIA SS SPDR Dow Jones Indus Avg Sold out 0.00% −0.03
QSR Restaurant Brands Intern Reduce -47.9% 0.02% −0.02
J Jacobs Solutions Inc. Sold out 0.00% −0.02
TECK Teck Resources Ltd.-CLS B Reduce -13.3% 0.17% −0.02
VUG Vanguard Mrngstar GR ETF-Sui Reduce -15.3% 1.80% −0.02
CCJ Cameco Corp. Reduce -16.5% 0.19% −0.02
ORCL Oracle Corp. Reduce -17.9% 0.69% −0.02
ACN Accenture PLC Class A Reduce -5.6% 0.15% −0.02
ELV Elevance Health Inc. Reduce -8.9% 0.35% −0.02
WFC Wells Fargo & Co. Reduce -7.8% 0.39% −0.02
PBR Petroleo Brasileiro-Spon ADR Sold out 0.00% −0.02
INTC Intel Corp. Reduce -25.6% 0.04% −0.02
BRK.B Berkshire Hathaway Inc. Class B Reduce -11.3% 0.17% −0.02
V Visa Inc. Class A Reduce -14.4% 0.06% −0.01
RTX RTX Corp. Reduce -1.1% 0.57% −0.01
AMZN Amazon.com Inc. Reduce -21.2% 0.08% −0.01
EMR Emerson Electric Co. Reduce -1.1% 1.57% −0.01
HD Home Depot Inc. Reduce -23.2% 0.04% −0.01
TAC Transalta Corp. Reduce -18.1% 0.07% −0.01

Portfolio Buys Q1 2024 → Q2 2024
KBWB Invesco KBW Bank ETF New 1.46% +1.46
AAPL Apple Inc. Add +0.9% 2.23% +0.62
EWJV iShares MSCI Japan Value ETF Add +35.0% 1.24% +0.34
MUFG Mitsubishi Ufj Finl-Spon ADR Add +34.4% 0.67% +0.23
TXN Texas Instruments Inc. Add +10.9% 0.90% +0.23
ENB Enbridge Inc. Add +3.1% 3.02% +0.21
INTU Intuit Inc. Add +107.4% 0.32% +0.17
SAP Sap SE-Sponsored ADR Add +3.8% 1.11% +0.15
NDAQ Nasdaq Inc. Add +361.8% 0.17% +0.14
DUK Duke Energy Corp. Add +1.9% 1.37% +0.12
SNY Sanofi-ADR Add +3.6% 0.99% +0.12
FTS Fortis Inc. Add +6.9% 1.17% +0.10
PLTR Palantir Technologies Inc. Class A New 0.09% +0.09
LIN Linde PLC Add +81.9% 0.20% +0.08
OTEX Open Text Corp. Add +32.1% 0.58% +0.08
JD Jd.com Inc.-ADR New 0.07% +0.07
AFL Aflac Inc. Add +0.3% 0.61% +0.06
NVDA Nvidia Corp. Add +38.1% 0.11% +0.06
GS Goldman Sachs Group Inc. New 0.06% +0.06
MKTX Marketaxess Holdings Inc. Add +23.9% 0.27% +0.06
NEE Nextera Energy Inc. New 0.05% +0.05
AEP American Electric Power Add +3.0% 0.45% +0.04
PAAS Pan American Silver Corp. New 0.04% +0.04
BXP BXP Inc. Add +21.6% 0.18% +0.04
BEP Brookfield Renewable Partner Add +1.3% 0.18% +0.04
WPM Wheaton Precious Metals Corp. Add +9.0% 0.27% +0.04
VRSK Verisk Analytics Inc. Add +4.0% 0.16% +0.03
VOO Vanguard S&P 500 ETF Add +0.1% 0.35% +0.03
DHR Danaher Corp. New 0.03% +0.03
RCI Rogers Communications Inc. Class B Add +10.2% 1.06% +0.03
WYNN WYNN Resorts Ltd. Add +47.1% 0.14% +0.03
MGA Magna International Inc. Add +17.0% 0.80% +0.03
ILMN Illumina Inc. Add +26.9% 0.14% +0.02
MMM 3M Co. New 0.02% +0.02
WCN Waste Connections Inc. Add +1.1% 0.31% +0.02
DXJ Wisdomtree Japan Hedged Eq Add +45.6% 0.05% +0.02
BAM Brookfield Asset Mgmt-A Add +4.3% 1.33% +0.02
WAT Waters Corp. Add +18.3% 0.18% +0.02
ADP Automatic Data Processing Add +35.6% 0.07% +0.02
BAC Bank of America Corp. Add +0.8% 0.08% +0.01
XYZ Block Inc. Add +33.2% 0.09% +0.01
ONON On Holding AG Class A Add +3.4% 0.11% +0.01
FCX Freeport-McMoran Inc. Add +0.3% 0.39% +0.01
ENPH Enphase Energy Inc. Add +50.0% 0.03% +0.01
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Add +10.1% 0.06% +0.01
META Meta Platforms Inc. Class A Add +1.5% 0.06% +0.00
SHY iShares 1-3 Year Treasury Bo Add +5.6% 0.09% +0.00
AGG iShares Core U.S. Aggregate Add +1.8% 0.07% +0.00
MRK Merck & Co. Inc. Add +0.8% 0.04% +0.00
LQDH iShares Int Hedg Corp. BD ETF Add +2.1% 0.02% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q3 2024 167$1.0BRY, TD, BMO, BNS, ENB
Q2 2024 172$938.8MRY, TD, BMO, MSFT, BNS
Q1 2024 170$927.6MRY, TD, BMO, BNS, CNI