Guardian Capital LP
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Guardian Capital LP reported 159 stock positions worth $4.1 billion. Its top holding was Royal Bank of Canada (RY) at 8.0% of the portfolio, followed by Canadian Natural Resources (CNQ, 3.8%) and Toronto-Dominion Bank (TD, 3.7%). Compared with Q1 2026, it opened 5 new positions, sold out of 6, added to 72 and reduced 72. The biggest buy was Cgi (GIB, shares +55%) and the biggest sale Mda Space (MDA, shares −46%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001224324
- Portfolio Value
- $4.1B (Q2 2026)
- SEC Filing
- 0001062993-26-004401 ↗ filed Aug 14, 2026
Holdings Value
Holdings 159 stocks · $4.1B
| RY Royal Bank of Canada | 8.04% | 1,596,304 | $330.4M | Reduce -6.5% |
| CNQ Canadian Natural Resources | 3.76% | 3,909,304 | $154.6M | Add +13.2% |
| TD Toronto-Dominion Bank | 3.66% | 1,237,833 | $150.5M | Reduce -4.9% |
| GIB Cgi Inc. | 3.46% | 2,201,421 | $142.2M | Add +54.8% |
| BN Brookfield Corp. | 3.46% | 3,333,406 | $142.2M | Add +21.1% |
| AEM Agnico Eagle Mines Ltd. | 3.33% | 880,414 | $136.7M | Add +7.5% |
| SU Suncor Energy Inc. | 2.98% | 2,276,146 | $122.4M | Add +27.1% |
| OTEX Open Text Corp. | 2.74% | 5,097,794 | $112.8M | Add +11.5% |
| BMO Bank of Montreal filed as BANK MONTREAL MEDIUM | 2.64% | 614,927 | $108.6M | Reduce -9.7% |
| CP Canadian Pacific Kansas City | 2.49% | 1,181,757 | $102.4M | Reduce -3.4% |
| BGSI Boyd Group Services Inc. | 2.48% | 1,077,236 | $102.0M | Add +74.7% |
| AAPL Apple Inc. | 2.46% | 349,387 | $101.1M | Add +4.4% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO | 2.20% | 786,905 | $90.6M | Reduce -4.4% |
| AVGO Broadcom Inc. | 2.18% | 237,790 | $89.8M | Add +5.7% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 1.96% | 40,414 | $80.4M | Add +6.0% |
| MDA Mda Space Ltd. | 1.91% | 1,906,121 | $78.6M | Reduce -46.4% |
| GOOGL Alphabet Inc. Class A | 1.80% | 207,482 | $74.1M | Add +4.8% |
| MSFT Microsoft Corp. | 1.75% | 192,668 | $71.9M | Add +9.8% |
| QSR Restaurant Brands Intern | 1.66% | 942,679 | $68.4M | Reduce -3.8% |
| GIL Gildan Activewear Inc. | 1.64% | 1,311,862 | $67.6M | Add +9.4% |
| WMB Williams Cos Inc. | 1.59% | 882,109 | $65.6M | Add +6.2% |
| ENB Enbridge Inc. | 1.53% | 1,158,110 | $62.8M | Reduce -6.7% |
| COST Costco Wholesale Corp. | 1.52% | 66,758 | $62.5M | Add +2.9% |
| SHOP Shopify Inc. Class A | 1.49% | 534,485 | $61.1M | Add +2.0% |
| MFC Manulife Financial Corp. | 1.36% | 1,380,780 | $56.0M | Reduce -5.8% |
| CNI Canadian Natl Railway Co. | 1.22% | 422,207 | $50.4M | Add +0.2% |
| TTE Totalenergies SE | 1.07% | 564,830 | $43.9M | Add +2.5% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA B C | 1.02% | 483,249 | $41.9M | Reduce -2.0% |
| FTS Fortis Inc. | 1.02% | 728,917 | $41.7M | Reduce -2.1% |
| SLF Sun Life Financial Inc. | 0.99% | 521,234 | $40.9M | Add +10.8% |
| JNJ Johnson & Johnson | 0.97% | 157,659 | $40.0M | Reduce -0.4% |
| NVDA Nvidia Corp. | 0.96% | 196,760 | $39.4M | Add +75.0% |
| WPM Wheaton Precious Metals Corp. | 0.92% | 337,081 | $37.9M | Reduce -0.7% |
| MCD McDonald's Corp. | 0.91% | 138,896 | $37.5M | Add +2.2% |
| EQIX Equinix Inc. | 0.88% | 34,813 | $36.3M | Add +5.6% |
| AZN Astrazeneca PLC | 0.82% | 177,185 | $33.6M | Add +4.1% |
| B Barrick Mining Corp. | 0.80% | 896,178 | $32.9M | Add +5.3% |
| META Meta Platforms Inc. Class A | 0.76% | 55,165 | $31.1M | Add +4.1% |
| TECK Teck Resources Ltd.-CLS B | 0.75% | 517,290 | $30.8M | Reduce -37.8% |
| MA Mastercard Inc. Class A | 0.74% | 59,129 | $30.4M | Reduce -0.4% |
| PH Parker Hannifin Corp. | 0.72% | 30,371 | $29.7M | Add +33.7% |
| RSG Republic Services Inc. | 0.72% | 138,447 | $29.5M | Add +4.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.71% | 192,058 | $29.1M | Add +5.3% |
| SHEL Shell PLC-ADR | 0.68% | 357,942 | $27.8M | Add +6.2% |
| ABBV Abbvie Inc. | 0.65% | 105,866 | $26.6M | Add +7.4% |
| HIG Hartford Insurance Group Inc. | 0.64% | 198,454 | $26.3M | Add +5.1% |
| RCI Rogers Communications Inc. Class B | 0.63% | 790,127 | $25.7M | Add +7.1% |
| BIP Brookfield Infrastructure Pa | 0.62% | 699,776 | $25.5M | Reduce -0.8% |
| STN Stantec Inc. | 0.61% | 366,195 | $25.3M | Reduce -0.1% |
| WM Waste Management Inc. | 0.60% | 110,620 | $24.7M | Add +5.0% |
| NTR Nutrien Ltd. | 0.59% | 384,134 | $24.2M | Add +28.9% |
| APH Amphenol Corp. Class A | 0.59% | 136,776 | $24.1M | Add +5.4% |
| BAM Brookfield Asset Mgmt-A | 0.56% | 512,297 | $23.0M | Add +42.8% |
| HD Home Depot Inc. | 0.52% | 60,269 | $21.3M | Add +3.2% |
| GWW WW Grainger Inc. | 0.51% | 15,437 | $21.0M | Add +18.4% |
| LLY Eli Lilly & Co. | 0.49% | 16,901 | $20.3M | Add +5.8% |
| PBA Pembina Pipeline Corp. | 0.49% | 436,901 | $20.2M | Reduce -2.0% |
| TRP TC Energy Corp. | 0.45% | 280,149 | $18.5M | Reduce -1.0% |
| DRI Darden Restaurants Inc. | 0.42% | 84,820 | $17.5M | Add +4.9% |
| WEC WEC Energy Group Inc. | 0.42% | 146,617 | $17.1M | Add +6.8% |
| AMZN Amazon.com Inc. | 0.41% | 71,324 | $17.0M | Reduce -0.6% |
| ORCL Oracle Corp. | 0.41% | 114,834 | $16.8M | Add +6.1% |
| IBN Icici Bank Ltd.-Spon ADR | 0.39% | 550,067 | $16.0M | Add +4.7% |
| VST Vistra Corp. | 0.36% | 94,527 | $15.0M | Add +30.2% |
| JPM JPMorgan Chase & Co. | 0.34% | 42,546 | $13.9M | Add +0.9% |
| ITW Illinois Tool Works | 0.30% | 46,055 | $12.5M | Add +3.6% |
| APD Air Products & Chemicals Inc. | 0.30% | 42,383 | $12.4M | Add +3.9% |
| AMGN Amgen Inc. | 0.30% | 33,791 | $12.2M | Add +4.6% |
| WCN Waste Connections Inc. | 0.29% | 71,344 | $11.9M | Add +1297.3% |
| BIPC Brookfield Infrastructure-A | 0.28% | 300,687 | $11.6M | Reduce -0.0% |
| PG The Procter & Gamble Co. | 0.27% | 75,010 | $11.0M | Add +4.5% |
| HBM Hudbay Minerals Inc. | 0.26% | 452,109 | $10.7M | Reduce -0.4% |
| UL Unilever PLC-Sponsored ADR | 0.22% | 151,981 | $9.1M | Add +4.8% |
| DSGX The Descartes Systems Grp | 0.21% | 127,360 | $8.8M | Reduce -33.3% |
| VRT Vertiv Holdings Co. Class A | 0.20% | 24,839 | $8.3M | Reduce -0.8% |
| UNH Unitedhealth Group Inc. | 0.20% | 19,985 | $8.3M | Add +3.4% |
| BKNG Booking Holdings Inc. | 0.19% | 43,672 | $7.8M | Reduce -4.1% |
| GOOG Alphabet Inc. Class C | 0.17% | 19,586 | $6.9M | Add +0.1% |
| LRCX Lam Research Corp. | 0.16% | 15,311 | $6.6M | Reduce -37.7% |
| AFL Aflac Inc. | 0.16% | 54,389 | $6.4M | Reduce -10.7% |
| V Visa Inc. Class A | 0.15% | 18,370 | $6.3M | Reduce -0.0% |
| CVE Cenovus Energy Inc. | 0.14% | 239,597 | $5.9M | No change |
| OSK Oshkosh Corp. | 0.14% | 37,227 | $5.7M | No change |
| ADI Analog Devices Inc. | 0.14% | 14,346 | $5.7M | Add +8.0% |
| SNY Sanofi-ADR | 0.14% | 132,378 | $5.6M | Add +5.7% |
| TSAT Telesat Corp. | 0.13% | 107,029 | $5.4M | New |
| AMD Advanced Micro Devices | 0.13% | 9,181 | $5.3M | New |
| PANW Palo Alto Networks Inc. | 0.13% | 15,321 | $5.2M | Reduce -27.3% |
| CME Cme Group Inc. | 0.12% | 23,200 | $5.1M | Reduce -14.7% |
| MPWR Monolithic Power Systems Inc. | 0.12% | 3,667 | $5.1M | Add +1.4% |
| CDNS Cadence Design SYS Inc. | 0.12% | 13,020 | $4.9M | Add +0.1% |
| EMR Emerson Electric Co. | 0.12% | 33,063 | $4.7M | Reduce -16.0% |
| ISRG Intuitive Surgical Inc. | 0.11% | 11,576 | $4.6M | Reduce -1.3% |
| AMAT Applied Materials Inc. | 0.11% | 6,125 | $4.4M | Reduce -29.8% |
| CB Chubb Ltd. | 0.11% | 12,996 | $4.4M | Add +0.7% |
| YUMC Yum China Holdings Inc. | 0.10% | 102,100 | $4.2M | Reduce -18.1% |
| GBX Greenbrier Companies Inc. | 0.09% | 79,339 | $3.9M | Add +101.7% |
| SHW The Sherwin-Williams Co. | 0.09% | 11,242 | $3.9M | Reduce -0.2% |
| SAN Banco Santander SA-Spon ADR | 0.09% | 273,035 | $3.8M | Reduce -0.6% |
| ILMN Illumina Inc. | 0.09% | 21,400 | $3.8M | Reduce -18.3% |
Options reported separately and not counted above: CME GROUP INC puts ($446K), YUM CHINA HLDGS INC puts ($384K), ILLUMINA INC puts ($307K), NIKE INC puts ($283K), BOOKING HOLDINGS INC puts ($239K), ADOBE INC puts ($227K), MICROSOFT CORP puts ($210K), MASTERCARD INCORPORATED puts ($197K), UNITEDHEALTH GROUP INC puts ($194K), VERISK ANALYTICS INC puts ($131K), MARKETAXESS HLDGS INC puts ($121K), ACCENTURE PLC IRELAND puts ($100K), and 3 more.
Portfolio Sells Q1 2026 → Q2 2026
| MDA Mda Space Ltd. | Reduce -46.4% | 1.91% | −0.46 |
| GRTUF Granite Real Estate Investme | Sold out | 0.00% | −0.42 |
| TECK Teck Resources Ltd.-CLS B | Reduce -37.8% | 0.75% | −0.39 |
| MSI Motorola Solutions Inc. | Sold out | 0.00% | −0.37 |
| WPM Wheaton Precious Metals Corp. | Reduce -0.7% | 0.92% | −0.25 |
| QSR Restaurant Brands Intern | Reduce -3.8% | 1.66% | −0.25 |
| ENB Enbridge Inc. | Reduce -6.7% | 1.53% | −0.25 |
| STN Stantec Inc. | Reduce -0.1% | 0.61% | −0.22 |
| DSGX The Descartes Systems Grp | Reduce -33.3% | 0.21% | −0.15 |
| NKE Nike Inc. Class B | Reduce -56.0% | 0.04% | −0.09 |
| CME Cme Group Inc. | Reduce -14.7% | 0.12% | −0.09 |
| FTS Fortis Inc. | Reduce -2.1% | 1.02% | −0.08 |
| CVX Chevron Corp. | Reduce -32.0% | 0.06% | −0.06 |
| YUMC Yum China Holdings Inc. | Reduce -18.1% | 0.10% | −0.06 |
| MCO Moody's Corp. | Reduce -74.1% | 0.02% | −0.05 |
| JNJ Johnson & Johnson | Reduce -0.4% | 0.97% | −0.05 |
| BIP Brookfield Infrastructure Pa | Reduce -0.8% | 0.62% | −0.05 |
| CP Canadian Pacific Kansas City | Reduce -3.4% | 2.49% | −0.05 |
| MA Mastercard Inc. Class A | Reduce -0.4% | 0.74% | −0.05 |
| RTX RTX Corp. | Reduce -38.8% | 0.06% | −0.04 |
| MKTX Marketaxess Holdings Inc. | Reduce -16.4% | 0.04% | −0.04 |
| PBA Pembina Pipeline Corp. | Reduce -2.0% | 0.49% | −0.04 |
| BIPC Brookfield Infrastructure-A | Reduce -0.0% | 0.28% | −0.03 |
| ISRG Intuitive Surgical Inc. | Reduce -1.3% | 0.11% | −0.03 |
| DIS The Walt Disney Co. | Reduce -26.3% | 0.06% | −0.03 |
| ACN Accenture PLC Class A | Reduce -16.7% | 0.03% | −0.03 |
| DUK Duke Energy Corp. | Reduce -12.9% | 0.08% | −0.02 |
| IMO Imperial Oil Ltd. | Reduce -6.8% | 0.07% | −0.02 |
| DHR Danaher Corp. | Reduce -25.0% | 0.05% | −0.02 |
| AFL Aflac Inc. | Reduce -10.7% | 0.16% | −0.02 |
| EMR Emerson Electric Co. | Reduce -16.0% | 0.12% | −0.02 |
| CRH CRH PLC | Sold out | 0.00% | −0.02 |
| VRSK Verisk Analytics Inc. | Reduce -15.5% | 0.05% | −0.02 |
| ADBE Adobe Inc. | Reduce -9.2% | 0.04% | −0.02 |
| CL Colgate-Palmolive Co. | Reduce -15.1% | 0.09% | −0.02 |
| SBUX Starbucks Corp. | Reduce -23.0% | 0.07% | −0.02 |
| TRP TC Energy Corp. | Reduce -1.0% | 0.45% | −0.02 |
| TXN Texas Instruments Inc. | Reduce -39.6% | 0.08% | −0.01 |
| BKNG Booking Holdings Inc. | Reduce -4.1% | 0.19% | −0.01 |
| NOW ServiceNow Inc. | Reduce -3.4% | 0.07% | −0.01 |
| AZO AutoZone Inc. | Reduce -27.5% | 0.02% | −0.01 |
| ALLE Allegion PLC | Reduce -3.9% | 0.07% | −0.01 |
| AXP American Express Co. | Reduce -16.7% | 0.06% | −0.01 |
| TU Telus Corp. | Reduce -0.4% | 0.03% | −0.01 |
| ADP Automatic Data Processing | Reduce -15.1% | 0.04% | −0.01 |
| PEP Pepsico Inc. | Sold out | 0.00% | −0.01 |
| JXI iShares Global Utilities ETF | Reduce -0.8% | 0.05% | −0.01 |
| BCE Bce Inc. | Sold out | 0.00% | −0.01 |
| ICLN iShares Global Clean Energy | Reduce -11.6% | 0.04% | −0.00 |
| PTEN Patterson-Uti Energy Inc. | Sold out | 0.00% | −0.00 |
Portfolio Buys Q1 2026 → Q2 2026
| GIB Cgi Inc. | Add +54.8% | 3.46% | +0.72 |
| ASML ASML Holding NV-NY Reg SHS | Add +6.0% | 1.96% | +0.62 |
| BN Brookfield Corp. | Add +21.1% | 3.46% | +0.52 |
| NVDA Nvidia Corp. | Add +75.0% | 0.96% | +0.44 |
| BGSI Boyd Group Services Inc. | Add +74.7% | 2.48% | +0.40 |
| AVGO Broadcom Inc. | Add +5.7% | 2.18% | +0.34 |
| GOOGL Alphabet Inc. Class A | Add +4.8% | 1.80% | +0.30 |
| WCN Waste Connections Inc. | Add +1297.3% | 0.29% | +0.27 |
| SLF Sun Life Financial Inc. | Add +10.8% | 0.99% | +0.22 |
| AAPL Apple Inc. | Add +4.4% | 2.46% | +0.21 |
| PH Parker Hannifin Corp. | Add +33.7% | 0.72% | +0.18 |
| APH Amphenol Corp. Class A | Add +5.4% | 0.59% | +0.15 |
| BAM Brookfield Asset Mgmt-A | Add +42.8% | 0.56% | +0.14 |
| GWW WW Grainger Inc. | Add +18.4% | 0.51% | +0.13 |
| TSAT Telesat Corp. | New | 0.13% | +0.13 |
| AMD Advanced Micro Devices | New | 0.13% | +0.13 |
| LLY Eli Lilly & Co. | Add +5.8% | 0.49% | +0.10 |
| CNI Canadian Natl Railway Co. | Add +0.2% | 1.22% | +0.08 |
| ABBV Abbvie Inc. | Add +7.4% | 0.65% | +0.08 |
| TER Teradyne Inc. | New | 0.08% | +0.08 |
| VST Vistra Corp. | Add +30.2% | 0.36% | +0.08 |
| MKSI MKS Inc. | New | 0.08% | +0.08 |
| UNH Unitedhealth Group Inc. | Add +3.4% | 0.20% | +0.06 |
| OTEX Open Text Corp. | Add +11.5% | 2.74% | +0.06 |
| GBX Greenbrier Companies Inc. | Add +101.7% | 0.09% | +0.04 |
| MSFT Microsoft Corp. | Add +9.8% | 1.75% | +0.03 |
| IBN Icici Bank Ltd.-Spon ADR | Add +4.7% | 0.39% | +0.03 |
| EQIX Equinix Inc. | Add +5.6% | 0.88% | +0.03 |
| ADI Analog Devices Inc. | Add +8.0% | 0.14% | +0.03 |
| CDNS Cadence Design SYS Inc. | Add +0.1% | 0.12% | +0.02 |
| GOOG Alphabet Inc. Class C | Add +0.1% | 0.17% | +0.02 |
| MPWR Monolithic Power Systems Inc. | Add +1.4% | 0.12% | +0.02 |
| ALC Alcon Inc. | Add +44.7% | 0.07% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +0.9% | 0.34% | +0.01 |
| HD Home Depot Inc. | Add +3.2% | 0.52% | +0.01 |
| DRI Darden Restaurants Inc. | Add +4.9% | 0.42% | +0.01 |
| HSIC Henry Schein Inc. | Add +2.5% | 0.09% | +0.01 |
| UL Unilever PLC-Sponsored ADR | Add +4.8% | 0.22% | +0.00 |
| MUFG Mitsubishi Ufj Finl-Spon ADR | Add +0.1% | 0.04% | +0.00 |
| HSBC HSBC Holdings PLC-Spons ADR | Add +34.2% | 0.01% | +0.00 |
| PSKY Paramount Skydance Class B | New | 0.00% | +0.00 |
| WAB Wabtec Corp. | Add +12.7% | 0.02% | +0.00 |
| EMA Emera Inc. | Add +8.3% | 0.01% | +0.00 |
| NGG National Grid PLC-SP ADR | Add +12.6% | 0.02% | +0.00 |
| BEP Brookfield Renewable Partner | Add +3.7% | 0.01% | +0.00 |
| PHO Invesco Water Resources ETF | Add +2.6% | 0.04% | −0.00 |
| AMGN Amgen Inc. | Add +4.6% | 0.30% | −0.00 |
| ITW Illinois Tool Works | Add +3.6% | 0.30% | −0.00 |
| CB Chubb Ltd. | Add +0.7% | 0.11% | −0.00 |
| WMB Williams Cos Inc. | Add +6.2% | 1.59% | −0.00 |
Options Activity Q1 2026 → Q2 2026
| BOOKING HOLDINGS INC | put | Add +2400.0% | 7,500 | $239K |
| HOME DEPOT INC | put | Sold out | 200 | $14Kbefore exit |
| PEPSICO INC | put | Sold out | 300 | $4Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 159 | $4.1B | RY, CNQ, TD, GIB, BN |
| Q1 2026 | 160 | $3.8B | RY, CNQ, AEM, TD, SU |
| Q4 2025 | 160 | $3.4B | RY, AEM, TD, BN, OTEX |
| Q3 2025 | 152 | $3.1B | RY, BMO, AEM, OTEX, BN |
| Q2 2025 | 139 | $2.8B | BMO, RY, OTEX, AEM, BN |
| Q1 2025 | 132 | $2.5B | BMO, RY, AEM, OTEX, BN |
| Q4 2024 | 125 | $2.7B | BMO, RY, OTEX, BN, AEM |
| Q3 2024 | 125 | $2.7B | RY, BMO, OTEX, BN, AEM |
| Q2 2024 | 126 | $2.7B | BMO, RY, OTEX, CNQ, SU |
| Q1 2024 | 147 | $2.9B | BMO, RY, CNQ, OTEX, SU |