Manulife FinancialMFC
13F holders, Q1 2025 (March 31)At the end of Q1 2025, 718 institutions reported holding Manulife Financial Corp. (MFC) in their 13F filings, up 13 from Q4 2024. 62 opened new positions and 45 sold out. The largest holders were Royal Bank of Canada ($4.6B), Vanguard Group Inc. ($2.3B) and Bank of Montreal ($1.6B). 8 famous investors held it, including Ray Dalio (0.5% of Bridgewater Associates's portfolio), Jeremy Grantham (0.4% of GMO's portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).
- Company
- Manulife Financial Corp.
- CUSIP
- 56501R106
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 62 | $107.7M |
| Exits | 45 | $189.3M |
All 13F filers, Q4 2024 → Q1 2025: 41,082,206 shares bought and 47,279,663 shares sold, net −6,197,457 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 718 holders
| Royal Bank of Canada | 1.03% | Reduce -1.3% | 147,883,763 | $4.6B |
| Vanguard Group Inc. | 0.04% | Add +0.5% | 74,333,649 | $2.3B |
| Bank of Montreal | 0.84% | Add +12.8% | 50,117,501 | $1.6B |
| TD Asset Management Inc | 1.06% | Add +6.6% | 37,093,064 | $1.2B |
| FIL Ltd | 1.08% | Reduce -7.5% | 36,626,252 | $1.1B |
| National Bank of Canada | 0.99% | Reduce -0.8% | 27,031,961 | $842.0M |
| Mackenzie Financial Corp. | 1.09% | Add +0.2% | 24,669,585 | $768.7M |
| 1832 Asset Management L.P. | 1.45% | Add +7.3% | 24,425,465 | $760.9M |
| Cibc World Market Inc. | 1.55% | Add +0.6% | 21,843,776 | $680.4M |
| Norges Bank | 0.09% | Reduce -0.4% | 21,258,231 | $662.5M |
| CIBC Asset Management Inc | 2.02% | Reduce -2.4% | 19,398,958 | $607.4M |
| Toronto Dominion Bank | 1.56% | Add +0.2% | 19,415,303 | $605.0M |
| Bank of Nova Scotia | 0.99% | Add +7.2% | 13,990,810 | $436.0M |
| Morgan Stanley | 0.03% | Add +57.3% | 12,585,898 | $392.1M |
| Geode Capital Management, LLC | 0.03% | Add +10.2% | 11,732,344 | $372.4M |
| Connor, Clark & Lunn Investment Management Ltd. | 1.56% | Add +1.0% | 11,447,174 | $356.7M |
| Beutel, Goodman & Co Ltd. | 2.04% | Reduce -9.7% | 11,381,728 | $354.6M |
| Legal & General Group Plc | 0.09% | Add +0.3% | 10,905,963 | $339.8M |
| Scotia Capital Inc. | 1.78% | Reduce -1.4% | 10,683,604 | $332.7M |
| Federation des caisses Desjardins du Quebec | 1.54% | Reduce -0.9% | 9,959,442 | $310.3M |
| Canada Pension Plan Investment Board | 0.29% | Add +30.0% | 9,653,897 | $300.9M |
| JPMorgan Chase & Co. | 0.02% | Add +5.8% | 9,501,434 | $296.0M |
| Goldman Sachs Group Inc. | 0.05% | Add +134.3% | 8,444,479 | $263.0M |
| Wells Fargo & Company | 0.06% | Reduce -3.5% | 8,295,282 | $258.4M |
| Harding Loevner LP | 1.77% | Reduce -4.8% | 7,408,865 | $230.8M |
| TD Waterhouse Canada Inc. | 1.78% | Reduce -2.2% | 6,874,994 | $217.1M |
| Dimensional Fund Advisors LP | 0.05% | Add +2.0% | 6,962,345 | $216.9M |
| HSBC Holdings PLC | 0.14% | Add +2.8% | 6,520,840 | $203.2M |
| Massachusetts Financial Services Co. | 0.07% | Add +3.9% | 6,380,955 | $198.8M |
| Amundi | 0.07% | Reduce -10.2% | 5,662,169 | $197.6M |
| Letko, Brosseau & Associates Inc. | 4.16% | Reduce -14.9% | 6,274,747 | $195.5M |
| AustralianSuper Pty Ltd | 0.87% | No change | 4,960,150 | $154.6M |
| Swiss National Bank | 0.11% | Reduce -3.6% | 4,920,000 | $153.4M |
| Alberta Investment Management Corp | 1.09% | Reduce -1.0% | 4,846,210 | $151.0M |
| Cardinal Capital Management, Inc. | 5.12% | Reduce -1.8% | 4,835,800 | $150.7M |
| Capital World Investors | 0.02% | Reduce -36.6% | 4,717,699 | $147.0M |
| Bank of America Corp. | 0.01% | Add +12.2% | 4,253,271 | $132.5M |
| GMO | 0.36% | Reduce -3.6% | 3,712,522 | $115.7M |
| Lord, Abbett & Co. LLC | 0.42% | Reduce -0.1% | 3,585,217 | $111.7M |
| JARISLOWSKY, FRASER Ltd | 0.67% | Reduce -78.7% | 3,444,720 | $107.3M |
| CANADA LIFE ASSURANCE Co | 0.18% | Reduce -0.7% | 3,252,085 | $101.5M |
| Bridgewater Associates | 0.46% | Add +63.5% | 3,195,751 | $99.6M |
| Agf Management Ltd. | 0.48% | Add +63.7% | 2,433,140 | $90.6M |
| Deutsche Bank AG | 0.04% | Add +8.7% | 2,837,989 | $88.4M |
| UBS Group AG | 0.02% | Reduce -40.6% | 2,743,001 | $85.4M |
| Mufg Securities (canada), LTD. | 2.85% | Reduce -1.7% | 2,629,237 | $81.9M |
| Intact Investment Management Inc. | 2.70% | Add +17.2% | 2,527,925 | $78.8M |
| Invesco Ltd. | 0.01% | Reduce -24.8% | 2,379,116 | $74.1M |
| Aviva PLC | 0.18% | Add +16.6% | 2,336,742 | $72.9M |
| Northern Trust Corp. | 0.01% | Add +6.5% | 2,225,406 | $69.3M |
| DekaBank Deutsche Girozentrale | 0.12% | Add +1.5% | 2,088,842 | $63.7M |
| Jupiter Asset Management Ltd. | 0.60% | Add +871.5% | 2,023,966 | $63.1M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.02% | Reduce -4.3% | 1,939,538 | $60.4M |
| Addenda Capital Inc. | 2.23% | Reduce -5.6% | 1,343,263 | $60.2M |
| Franklin Resources Inc. | 0.02% | Reduce -12.1% | 1,888,290 | $58.8M |
| Manufacturers Life Insurance Company, The | 0.06% | Reduce -3.9% | 1,870,638 | $58.6M |
| Man Group plc | 0.18% | Add +30.7% | 1,825,645 | $56.9M |
| Bank of New York Mellon Corp | 0.01% | Reduce -1.9% | 1,775,702 | $55.3M |
| BlackRock, Inc. | 0.00% | Reduce -13.6% | 1,723,618 | $53.7M |
| Hillsdale Investment Management Inc. | 2.73% | Reduce -32.3% | 1,722,448 | $53.7M |
| Russell Investments Group, Ltd. | 0.07% | Reduce -0.6% | 1,642,302 | $51.0M |
| Korea Investment CORP | 0.12% | Add +11.4% | 1,630,836 | $50.8M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.13% | Add +3.9% | 1,462,870 | $45.6M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 0.28% | Add +23.3% | 1,433,146 | $44.7M |
| Skandinaviska Enskilda Banken AB (publ) | 0.22% | Add +1.0% | 1,406,870 | $43.8M |
| Neuberger Berman Group LLC | 0.04% | Add +2.5% | 1,400,296 | $43.6M |
| Nuveen, LLC | 0.01% | — | 1,394,469 | $43.4M |
| Allianz Asset Management GmbH | 0.06% | Reduce -26.0% | 1,378,161 | $42.9M |
| Scheer, Rowlett & Associates Investment Management Ltd. | 3.12% | Add +3.0% | 1,351,667 | $42.1M |
| Todd Asset Management LLC | 0.86% | Add +19.2% | 1,170,403 | $36.5M |
| Barclays PLC | 0.02% | Add +40.4% | 1,095,042 | $34.1M |
| Bessemer Group Inc. | 0.06% | Add +1113.7% | 1,086,145 | $33.9M |
| State of Tennessee, Department of Treasury | 0.12% | Add +0.3% | 1,023,767 | $31.9M |
| Waratah Capital Advisors Ltd. | 2.14% | Reduce -40.6% | 1,008,066 | $31.4M |
| MUFG Securities EMEA plc | 0.81% | Reduce -66.7% | 700,000 | $31.4M |
| Envestnet Asset Management Inc. | 0.01% | Reduce -6.6% | 998,076 | $31.1M |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd | 3.79% | Reduce -17.0% | 957,725 | $29.8M |
| O'shaughnessy Asset Management, LLC | 0.23% | Reduce -16.0% | 930,830 | $29.0M |
| Guardian Capital LP | 1.11% | Reduce -16.3% | 903,716 | $28.2M |
| Achmea Investment Management B.V. | 0.40% | Add +4.4% | 889,777 | $27.7M |
| APG Asset Management N.V. | 0.09% | Reduce -1.6% | 956,100 | $27.6M |
| Citigroup Inc. | 0.02% | Reduce -26.3% | 837,028 | $26.1M |
| Susquehanna Fundamental Investments, LLC | 0.43% | Reduce -5.0% | 830,800 | $25.9M |
| Millennium Management | 0.03% | Reduce -15.3% | 825,656 | $25.7M |
| American Century Companies Inc. | 0.02% | Reduce -17.6% | 819,503 | $25.5M |
| AXA S.A. | 0.08% | Add +28.2% | 794,306 | $24.7M |
| Two Sigma Investments, LP | 0.06% | New | 790,115 | $24.6M |
| Bank of Nova Scotia Trust Co. | 2.59% | Reduce -2.9% | 780,742 | $24.3M |
| Focus Partners Wealth | 0.06% | Reduce -1.3% | 758,388 | $23.6M |
| Pictet Asset Management Holding SA | 0.03% | Reduce -0.5% | 734,101 | $22.9M |
| Teachers Retirement System of the State of Kentucky | 0.21% | Add +17.9% | 733,160 | $22.8M |
| Wellington Management Group LLP | 0.00% | Add +8.5% | 707,993 | $22.1M |
| Galibier Capital Management Ltd. | 6.76% | Reduce -11.1% | 695,153 | $21.7M |
| Qube Research & Technologies Ltd | 0.03% | Reduce -14.6% | 686,002 | $21.4M |
| Mn Services Vermogensbeheer B.V. | 0.16% | Reduce -8.0% | 656,937 | $20.5M |
| Mitsubishi UFJ Trust & Banking Corp | 0.05% | Reduce -2.0% | 646,091 | $20.2M |
| Acadian Asset Management LLC | 0.06% | Reduce -51.4% | 631,547 | $19.7M |
| Dixon Mitchell Investment Counsel Inc. | 0.85% | Add +7.5% | 601,946 | $18.8M |
| Assetmark, Inc. | 0.05% | Add +4.0% | 594,906 | $18.5M |
| Forsta Ap-Fonden | 0.14% | Add +10.6% | 594,500 | $18.5M |
"% of holder's portfolio" is MFC's weight in each manager's 13F, not the share of Manulife Financial Corp. the manager owns.