Mackenzie Financial Corp.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Mackenzie Financial Corp. reported 1,533 stock positions worth $67.3 billion. Its top holding was Royal Bank of Canada (RY) at 4.0% of the portfolio, followed by Microsoft (MSFT, 3.6%) and SS SPDR S&P 500 ETF Trust-US (SPY, 2.5%). Compared with Q1 2024, it opened 144 new positions, sold out of 131, added to 576 and reduced 656. The biggest buy was Apple (AAPL, shares +13%) and the biggest sale Bank of Montreal (BMO, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO ONTARIO, A6
- CIK
- 0000919859
- Portfolio Value
- $67.3B (Q2 2024)
- SEC Filing
- 0001062993-24-015027 ↗ filed Aug 14, 2024
Holdings Value
Holdings 1,533 stocks · $67.3B
| RY Royal Bank of Canada | 3.98% | 25,169,097 | $2.7B | Reduce -3.2% |
| MSFT Microsoft Corp. | 3.55% | 5,349,199 | $2.4B | Reduce -0.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.47% | 3,060,603 | $1.7B | Reduce -3.6% |
| TD Toronto-Dominion Bank | 2.12% | 25,997,122 | $1.4B | Add +0.8% |
| AAPL Apple Inc. | 2.12% | 6,776,080 | $1.4B | Add +12.7% |
| GOOGL Alphabet Inc. Class A | 2.07% | 7,660,106 | $1.4B | Add +14.6% |
| CNI Canadian Natl Railway Co. | 1.62% | 9,234,132 | $1.1B | Reduce -2.0% |
| CP Canadian Pacific Kansas City | 1.61% | 13,737,551 | $1.1B | Reduce -1.1% |
| CNQ Canadian Natural Resources | 1.59% | 30,017,414 | $1.1B | Reduce -4.8% |
| AMZN Amazon.com Inc. | 1.45% | 5,034,156 | $972.9M | Add +13.3% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 1.42% | 11,415,977 | $958.3M | Reduce -13.1% |
| NVDA Nvidia Corp. | 1.33% | 7,233,548 | $893.6M | No change |
| V Visa Inc. Class A | 1.25% | 3,204,244 | $841.0M | Reduce -4.2% |
| STN Stantec Inc. | 1.10% | 8,859,243 | $741.8M | Reduce -6.5% |
| BN Brookfield Corp. | 1.09% | 17,635,388 | $733.6M | Reduce -4.5% |
| ENB Enbridge Inc. | 1.09% | 20,558,524 | $731.5M | Reduce -2.7% |
| SLF Sun Life Financial Inc. | 1.07% | 14,703,533 | $721.0M | Add +2.9% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 1.03% | 15,091,880 | $690.4M | Add +4.8% |
| NTR Nutrien Ltd. | 1.01% | 13,404,304 | $682.5M | Reduce -3.3% |
| MFC Manulife Financial Corp. | 1.01% | 25,504,843 | $679.2M | Reduce -3.8% |
| ACN Accenture PLC Class A | 0.99% | 2,205,969 | $669.3M | Add +2.4% |
| TU Telus Corp. | 0.94% | 41,971,863 | $635.5M | Reduce -16.0% |
| ROP Roper Technologies Inc. | 0.94% | 1,119,023 | $630.7M | Add +3.1% |
| SPGI S&P Global Inc. | 0.93% | 1,396,304 | $622.8M | Add +4.3% |
| TRI Thomson Reuters Corp. | 0.89% | 3,561,070 | $600.3M | Reduce -11.7% |
| TRP TC Energy Corp. | 0.87% | 15,466,315 | $586.4M | Add +0.1% |
| AEM Agnico Eagle Mines Ltd. | 0.87% | 8,944,318 | $585.1M | Reduce -4.2% |
| JPM JPMorgan Chase & Co. | 0.86% | 2,870,049 | $580.5M | Reduce -1.3% |
| WCN Waste Connections Inc. | 0.86% | 3,301,509 | $579.3M | Reduce -3.4% |
| SU Suncor Energy Inc. | 0.85% | 14,967,891 | $570.6M | Reduce -3.4% |
| AON Aon PLC Class A | 0.84% | 1,918,201 | $563.1M | Reduce -22.0% |
| LIN Linde PLC | 0.83% | 1,280,669 | $562.0M | Reduce -5.1% |
| BDX Becton Dickinson and Co. | 0.81% | 2,333,449 | $545.4M | Reduce -10.0% |
| GIB Cgi Inc. | 0.77% | 5,163,961 | $515.5M | Reduce -5.5% |
| BAM Brookfield Asset Mgmt-A | 0.77% | 13,523,306 | $514.9M | Add +19.5% |
| CAE Cae Inc. | 0.76% | 27,707,907 | $514.7M | Reduce -10.3% |
| AVGO Broadcom Inc. | 0.75% | 316,000 | $507.3M | Reduce -13.8% |
| JNJ Johnson & Johnson | 0.75% | 3,441,335 | $503.0M | Add +1.7% |
| META Meta Platforms Inc. Class A | 0.73% | 971,497 | $489.8M | Add +0.3% |
| PBA Pembina Pipeline Corp. | 0.63% | 11,384,386 | $422.5M | Reduce -7.1% |
| SHOP Shopify Inc. Class A | 0.62% | 6,315,028 | $417.4M | Add +49.9% |
| ABBV Abbvie Inc. | 0.59% | 2,307,363 | $395.8M | Add +11.0% |
| CL Colgate-Palmolive Co. | 0.59% | 4,074,736 | $395.4M | Reduce -0.0% |
| RCI Rogers Communications Inc. Class B | 0.58% | 10,563,054 | $390.7M | Add +10.2% |
| QSR Restaurant Brands Intern | 0.58% | 5,543,650 | $390.7M | Add +10.3% |
| ORCL Oracle Corp. | 0.57% | 2,720,473 | $384.1M | Reduce -9.0% |
| AGG iShares Core U.S. Aggregate | 0.54% | 3,751,000 | $364.1M | Add +91.9% |
| MSI Motorola Solutions Inc. | 0.54% | 942,967 | $364.0M | Reduce -8.8% |
| PEP Pepsico Inc. | 0.53% | 2,171,627 | $358.2M | Reduce -7.9% |
| TT Trane Technologies PLC | 0.53% | 1,085,468 | $357.0M | Add +0.3% |
| IT Gartner Inc. | 0.52% | 784,821 | $352.4M | Reduce -3.1% |
| CDNS Cadence Design SYS Inc. | 0.51% | 1,108,073 | $341.0M | Reduce -3.8% |
| UNH Unitedhealth Group Inc. | 0.50% | 666,560 | $339.5M | Reduce -1.3% |
| XOM Exxon Mobil Corp. | 0.50% | 2,943,754 | $338.9M | Add +120.3% |
| DHR Danaher Corp. | 0.47% | 1,274,697 | $318.5M | Reduce -5.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.47% | 775,735 | $315.6M | Reduce -1.6% |
| WMT Walmart Inc. | 0.46% | 4,592,715 | $311.0M | Add +0.8% |
| LRCX Lam Research Corp. | 0.46% | 288,704 | $307.4M | Add +0.0% |
| TMO Thermo Fisher Scientific Inc. | 0.45% | 550,859 | $304.6M | Reduce -10.6% |
| WMB Williams Cos Inc. | 0.44% | 6,921,492 | $294.2M | Reduce -3.3% |
| UNP Union Pacific Corp. | 0.44% | 1,300,041 | $294.1M | Reduce -7.2% |
| PM Philip Morris International | 0.43% | 2,885,824 | $292.4M | Add +6.5% |
| MRK Merck & Co. Inc. | 0.43% | 2,339,106 | $289.6M | Add +6.8% |
| TLT iShares 20+ Year Treasury BD | 0.42% | 3,059,000 | $280.8M | Add +5.4% |
| TECK Teck Resources Ltd.-CLS B | 0.42% | 5,855,836 | $280.7M | Add +10.3% |
| PG The Procter & Gamble Co. | 0.41% | 1,684,835 | $277.9M | Reduce -10.4% |
| LLY Eli Lilly & Co. | 0.38% | 279,151 | $252.7M | Reduce -0.9% |
| MCD McDonald's Corp. | 0.37% | 979,087 | $249.5M | Reduce -24.9% |
| KEYS Keysight Technologies Inc. | 0.37% | 1,817,509 | $248.5M | Reduce -22.1% |
| FTS Fortis Inc. | 0.37% | 6,323,303 | $245.8M | Reduce -8.5% |
| KO The Coca-Cola Co. | 0.36% | 3,851,055 | $245.1M | Add +7.6% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM TO | 0.36% | 5,127,005 | $243.8M | Add +4.2% |
| B Barrick Gold Corp. | 0.36% | 14,556,115 | $242.8M | Reduce -14.5% |
| MCK McKesson Corp. | 0.36% | 411,353 | $240.2M | Add +0.4% |
| EXLS Exlservice Holdings Inc. | 0.35% | 7,616,982 | $238.9M | Add +3.2% |
| CRUS Cirrus Logic Inc. | 0.35% | 1,820,946 | $232.5M | Reduce -28.3% |
| MMS Maximus Inc. | 0.35% | 2,711,135 | $232.3M | Reduce -0.3% |
| CVE Cenovus Energy Inc. | 0.33% | 11,186,227 | $219.9M | Add +5.3% |
| APH Amphenol Corp. Class A | 0.32% | 3,192,948 | $215.1M | Reduce -9.8% |
| COST Costco Wholesale Corp. | 0.31% | 248,432 | $211.2M | Reduce -18.7% |
| PGR Progressive Corp. | 0.31% | 1,001,897 | $208.1M | Reduce -12.4% |
| HD Home Depot Inc. | 0.31% | 601,062 | $206.9M | Add +43.3% |
| DSGX The Descartes Systems Grp | 0.31% | 2,134,228 | $206.8M | Add +4.5% |
| DUK Duke Energy Corp. | 0.31% | 2,052,969 | $205.8M | Add +65.7% |
| TECH Bio-Techne Corp. | 0.30% | 2,862,260 | $205.1M | Add +8.2% |
| CRH CRH PLC | 0.30% | 2,732,900 | $204.9M | Reduce -3.8% |
| HQY Healthequity Inc. | 0.30% | 2,364,521 | $203.8M | Add +16.0% |
| OTEX Open Text Corp. | 0.30% | 6,782,072 | $203.7M | Reduce -1.0% |
| INTU Intuit Inc. | 0.30% | 307,575 | $202.1M | Reduce -5.8% |
| AKAM Akamai Technologies Inc. | 0.30% | 2,233,111 | $201.2M | Reduce -0.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.30% | 1,807,851 | $199.0M | Reduce -12.6% |
| FNV Franco-Nevada Corp. | 0.29% | 1,639,294 | $194.4M | Add +1.6% |
| CME Cme Group Inc. | 0.29% | 982,759 | $193.2M | Reduce -11.4% |
| CRL Charles River Laboratories | 0.29% | 929,160 | $191.9M | Reduce -0.3% |
| FSV Firstservice Corp. | 0.27% | 1,209,016 | $184.0M | Reduce -36.4% |
| TENB Tenable Holdings Inc. | 0.27% | 4,191,935 | $182.7M | Add +12.7% |
| CSGP Costar Group Inc. | 0.26% | 2,358,526 | $174.9M | Add +16.9% |
| BIP Brookfield Infrastructure Pa | 0.26% | 6,306,990 | $173.3M | Reduce -6.1% |
| WAB Wabtec Corp. | 0.25% | 1,072,906 | $169.6M | Reduce -39.2% |
| ADI Analog Devices Inc. | 0.24% | 703,660 | $160.6M | Add +20.6% |
Portfolio Sells Q1 2024 → Q2 2024
| BMO Bank of Montreal | Reduce -13.1% | 1.42% | −0.43 |
| AON Aon PLC Class A | Reduce -22.0% | 0.84% | −0.35 |
| GLD SPDR Gold Shares | Reduce -71.5% | 0.14% | −0.32 |
| TU Telus Corp. | Reduce -16.0% | 0.94% | −0.21 |
| CPRT Copart Inc. | Reduce -50.4% | 0.18% | −0.20 |
| FSV Firstservice Corp. | Reduce -36.4% | 0.27% | −0.18 |
| SBUX Starbucks Corp. | Reduce -91.6% | 0.01% | −0.18 |
| CNI Canadian Natl Railway Co. | Reduce -2.0% | 1.62% | −0.17 |
| CP Canadian Pacific Kansas City | Reduce -1.1% | 1.61% | −0.16 |
| HON Honeywell International Inc. | Reduce -62.5% | 0.11% | −0.16 |
| MCD McDonald's Corp. | Reduce -24.9% | 0.37% | −0.16 |
| KEYS Keysight Technologies Inc. | Reduce -22.1% | 0.37% | −0.16 |
| CAE Cae Inc. | Reduce -10.3% | 0.76% | −0.16 |
| NKE Nike Inc. Class B | Reduce -64.1% | 0.06% | −0.15 |
| CNQ Canadian Natural Resources | Reduce -4.8% | 1.59% | −0.15 |
| SLB SLB Ltd. | Reduce -89.3% | 0.01% | −0.14 |
| EFX Equifax Inc. | Reduce -62.9% | 0.07% | −0.13 |
| NOC Northrop Grumman Corp. | Reduce -48.6% | 0.12% | −0.13 |
| WAB Wabtec Corp. | Reduce -39.2% | 0.25% | −0.12 |
| CVX Chevron Corp. | Reduce -35.1% | 0.23% | −0.12 |
| BDX Becton Dickinson and Co. | Reduce -10.0% | 0.81% | −0.12 |
| GIB Cgi Inc. | Reduce -5.5% | 0.77% | −0.11 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -76.3% | 0.03% | −0.10 |
| V Visa Inc. Class A | Reduce -4.2% | 1.25% | −0.10 |
| OTEX Open Text Corp. | Reduce -1.0% | 0.30% | −0.08 |
| CRL Charles River Laboratories | Reduce -0.3% | 0.29% | −0.08 |
| NTR Nutrien Ltd. | Reduce -3.3% | 1.01% | −0.08 |
| LIN Linde PLC | Reduce -5.1% | 0.83% | −0.07 |
| TMO Thermo Fisher Scientific Inc. | Reduce -10.6% | 0.45% | −0.07 |
| PEP Pepsico Inc. | Reduce -7.9% | 0.53% | −0.06 |
| WFG West Fraser Timber Co. Ltd. | Reduce -62.8% | 0.03% | −0.06 |
| MKL Markel Group Inc. | Reduce -25.9% | 0.23% | −0.06 |
| UNP Union Pacific Corp. | Reduce -7.2% | 0.44% | −0.06 |
| CME Cme Group Inc. | Reduce -11.4% | 0.29% | −0.06 |
| AKAM Akamai Technologies Inc. | Reduce -0.8% | 0.30% | −0.06 |
| FTDR Frontdoor Inc. | Reduce -98.3% | 0.00% | −0.05 |
| CRH CRH PLC | Reduce -3.8% | 0.30% | −0.05 |
| B Barrick Gold Corp. | Reduce -14.5% | 0.36% | −0.05 |
| SHW The Sherwin-Williams Co. | Reduce -18.8% | 0.12% | −0.05 |
| BIP Brookfield Infrastructure Pa | Reduce -6.1% | 0.26% | −0.05 |
| GO Grocery Outlet Holding Corp. | Reduce -0.6% | 0.16% | −0.04 |
| GWW WW Grainger Inc. | Reduce -11.5% | 0.16% | −0.04 |
| STN Stantec Inc. | Reduce -6.5% | 1.10% | −0.04 |
| DE Deere & Co. | Reduce -33.4% | 0.06% | −0.04 |
| HUM Humana Inc. | Reduce -66.2% | 0.02% | −0.03 |
| IT Gartner Inc. | Reduce -3.1% | 0.52% | −0.03 |
| PFE Pfizer Inc. | Reduce -50.1% | 0.04% | −0.03 |
| PGR Progressive Corp. | Reduce -12.4% | 0.31% | −0.03 |
| WDAY Workday Inc. Class A | Reduce -38.9% | 0.03% | −0.03 |
| FAST Fastenal Co. | Reduce -3.5% | 0.13% | −0.03 |
Portfolio Buys Q1 2024 → Q2 2024
| AAPL Apple Inc. | Add +12.7% | 2.12% | +0.63 |
| GOOGL Alphabet Inc. Class A | Add +14.6% | 2.07% | +0.61 |
| AMZN Amazon.com Inc. | Add +13.3% | 1.45% | +0.29 |
| XOM Exxon Mobil Corp. | Add +120.3% | 0.50% | +0.28 |
| AGG iShares Core U.S. Aggregate | Add +91.9% | 0.54% | +0.26 |
| BX Blackstone Inc. | Add +468.4% | 0.20% | +0.17 |
| ADP Automatic Data Processing | Add +242.4% | 0.23% | +0.16 |
| SHOP Shopify Inc. Class A | Add +49.9% | 0.62% | +0.15 |
| DUK Duke Energy Corp. | Add +65.7% | 0.31% | +0.13 |
| AGI Alamos Gold Inc. Class A | Add +147.6% | 0.18% | +0.11 |
| VRSN Verisign Inc. | Add +836.8% | 0.13% | +0.11 |
| SPGI S&P Global Inc. | Add +4.3% | 0.93% | +0.10 |
| PH Parker Hannifin Corp. | Add +107.7% | 0.20% | +0.10 |
| RYAAY Ryanair Holdings PLC-SP ADR | Add +826.7% | 0.11% | +0.09 |
| HOLX Hologic Inc. | Add +1023.3% | 0.10% | +0.09 |
| DV Doubleverify Holdings Inc. | New | 0.08% | +0.08 |
| BAM Brookfield Asset Mgmt-A | Add +19.5% | 0.77% | +0.08 |
| PM Philip Morris International | Add +6.5% | 0.43% | +0.08 |
| HD Home Depot Inc. | Add +43.3% | 0.31% | +0.07 |
| ADI Analog Devices Inc. | Add +20.6% | 0.24% | +0.07 |
| TECK Teck Resources Ltd.-CLS B | Add +10.3% | 0.42% | +0.07 |
| WMT Walmart Inc. | Add +0.8% | 0.46% | +0.07 |
| HQY Healthequity Inc. | Add +16.0% | 0.30% | +0.06 |
| TT Trane Technologies PLC | Add +0.3% | 0.53% | +0.06 |
| NFLX Netflix Inc. | Add +17.6% | 0.23% | +0.06 |
| ROP Roper Technologies Inc. | Add +3.1% | 0.94% | +0.06 |
| LRCX Lam Research Corp. | Add +0.0% | 0.46% | +0.05 |
| KO The Coca-Cola Co. | Add +7.6% | 0.36% | +0.05 |
| META Meta Platforms Inc. Class A | Add +0.3% | 0.73% | +0.05 |
| PAAS Pan American Silver Corp. | Add +51.1% | 0.09% | +0.05 |
| KGC Kinross Gold Corp. | Add +6.2% | 0.14% | +0.04 |
| NEE Nextera Energy Inc. | Add +62.0% | 0.09% | +0.04 |
| JKHY Jack Henry & Associates Inc. | Add +51.4% | 0.12% | +0.04 |
| ABBV Abbvie Inc. | Add +11.0% | 0.59% | +0.04 |
| FIS Fidelity National Info Serv | Add +409.5% | 0.05% | +0.04 |
| MCK McKesson Corp. | Add +0.4% | 0.36% | +0.04 |
| IVV iShares Core S&P 500 ETF | Add +23.1% | 0.16% | +0.04 |
| AMT American Tower Corp. | Add +23.6% | 0.19% | +0.04 |
| FERG Ferguson Jersey Ltd. | Add +32.5% | 0.22% | +0.04 |
| DSGX The Descartes Systems Grp | Add +4.5% | 0.31% | +0.04 |
| VTR Ventas Inc. | Add +1247.7% | 0.04% | +0.04 |
| TECH Bio-Techne Corp. | Add +8.2% | 0.30% | +0.04 |
| OR Osisko Gold Royalties Ltd. | Add +237.0% | 0.05% | +0.03 |
| FCNCA First Citizens Bcshs Class A | Add +783.8% | 0.04% | +0.03 |
| UHS Universal Health Services-B | Add +408.2% | 0.04% | +0.03 |
| BKNG Booking Holdings Inc. | Add +17.6% | 0.13% | +0.03 |
| WBD Warner Bros Discovery Inc. | Add +1216.7% | 0.03% | +0.03 |
| VRT Vertiv Holdings Co. Class A | Add +688.5% | 0.03% | +0.03 |
| TMUS T-Mobile US Inc. | Add +22.3% | 0.10% | +0.03 |
| HPE Hewlett Packard Enterprise | Add +33.3% | 0.07% | +0.03 |
Options Activity Q1 2024 → Q2 2024
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Sold out | 3,426,500 | $266.3Mbefore exit |
| MPLX MPLX LP | put | Sold out | 30,000 | $1.2Mbefore exit |
| MPLX MPLX LP | call | Sold out | 30,000 | $1.2Mbefore 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 | 1,534 | $100.0B | RY, TD, NVDA, SPY, AAPL |
| Q1 2026 | 1,406 | $83.3B | RY, NVDA, AAPL, TD, SPY |
| Q4 2025 | 1,650 | $84.4B | RY, MSFT, AAPL, NVDA, TD |
| Q3 2025 | 1,682 | $82.6B | RY, MSFT, NVDA, AAPL, SPY |
| Q2 2025 | 1,686 | $77.2B | RY, MSFT, TD, SPY, AAPL |
| Q1 2025 | 1,659 | $70.3B | RY, MSFT, AAPL, SPY, TD |
| Q4 2024Amended | 1,688 | $73.4B | RY, MSFT, AAPL, SPY, TD |
| Q3 2024 | 1,573 | $71.9B | RY, MSFT, SPY, AAPL, TD |
| Q2 2024 | 1,533 | $67.3B | RY, MSFT, SPY, TD, AAPL |
| Q1 2024 | 1,518 | $69.1B | RY, MSFT, SPY, TD, BMO |