Manulife FinancialMFC
13F holders, Q4 2025 (December 31)768holders +63
93new positions
49sold out
8famous investors
$36.46avg. 13F price*
At the end of Q4 2025, 768 institutions reported holding Manulife Financial Corp. (MFC) in their 13F filings, up 63 from Q3 2025. 93 opened new positions and 49 sold out. The largest holders were Royal Bank of Canada ($4.8B), Vanguard Group Inc. ($2.8B) and Bank of Montreal ($2.1B). 8 famous investors held it, including Ray Dalio (0.3% of Bridgewater Associates's portfolio), Jeremy Grantham (0.1% of GMO's portfolio) and Cliff Asness (0.1% of AQR Capital Management's portfolio).
- Company
- Manulife Financial Corp.
- CUSIP
- 56501R106
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 93 | $183.1M |
| Exits | 49 | $413.1M |
All 13F filers, Q3 2025 → Q4 2025: 56,956,478 shares bought and 78,947,700 shares sold, net −21,991,222 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 768 holders
| Royal Bank of Canada | 0.85% | Reduce -16.5% | 132,751,909 | $4.8B |
| Vanguard Group Inc. | 0.04% | Add +2.1% | 78,317,970 | $2.8B |
| Bank of Montreal | 0.85% | Reduce -0.2% | 56,829,108 | $2.1B |
| TD Asset Management Inc | 1.12% | Add +1.4% | 38,181,297 | $1.4B |
| Mackenzie Financial Corp. | 1.23% | Add +2.6% | 28,550,943 | $1.0B |
| 1832 Asset Management L.P. | 1.32% | Add +12.7% | 28,578,141 | $1.0B |
| Cibc World Market Inc. | 1.64% | Add +37.5% | 25,240,489 | $916.7M |
| National Bank of Canada | 0.82% | Reduce -22.3% | 21,912,877 | $795.0M |
| Norges Bank | 0.08% | — | 21,403,764 | $777.2M |
| Toronto Dominion Bank | 1.37% | Add +8.7% | 21,147,091 | $767.9M |
| Geode Capital Management, LLC | 0.04% | Add +6.5% | 16,808,765 | $623.6M |
| CIBC Asset Management Inc | 1.49% | Add +14.6% | 16,885,459 | $616.5M |
| Bank of Nova Scotia | 0.65% | Reduce -10.2% | 11,942,962 | $433.7M |
| Legal & General Group Plc | 0.09% | Reduce -2.3% | 11,277,287 | $410.0M |
| Scotia Capital Inc. | 1.63% | Reduce -2.5% | 11,154,123 | $404.7M |
| Beutel, Goodman & Co Ltd. | 2.46% | Add +7.5% | 11,024,527 | $400.8M |
| Canada Pension Plan Investment Board | 0.27% | Add +74.3% | 11,021,043 | $400.2M |
| Morgan Stanley | 0.02% | Reduce -0.7% | 10,175,194 | $369.2M |
| Federation des caisses Desjardins du Quebec | 1.39% | Add +2.3% | 9,990,086 | $362.7M |
| Goldman Sachs Group Inc. | 0.05% | Add +38.6% | 9,401,342 | $341.1M |
| JPMorgan Chase & Co. | 0.02% | Reduce -15.5% | 8,426,508 | $305.7M |
| Dimensional Fund Advisors LP | 0.06% | Add +8.0% | 8,359,193 | $303.3M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.72% | Reduce -18.9% | 7,558,957 | $274.5M |
| Wells Fargo & Company | 0.05% | Reduce -1.2% | 7,206,789 | $261.5M |
| TD Waterhouse Canada Inc. | 1.55% | Add +0.4% | 6,886,799 | $249.9M |
| Cardinal Capital Management, Inc. | 5.11% | Reduce -4.6% | 4,569,808 | $227.8M |
| Man Group plc | 0.44% | Add +194.9% | 6,205,598 | $225.6M |
| Letko, Brosseau & Associates Inc. | 3.66% | Reduce -1.0% | 6,151,217 | $223.7M |
| Massachusetts Financial Services Co. | 0.07% | Reduce -3.5% | 5,690,129 | $206.4M |
| Harding Loevner LP | 1.51% | Reduce -6.9% | 4,727,041 | $171.5M |
| Swiss National Bank | 0.10% | Reduce -8.6% | 4,491,400 | $163.4M |
| Bank of America Corp. | 0.01% | Reduce -28.2% | 4,328,526 | $157.0M |
| Amundi | 0.05% | Add +9.6% | 4,191,967 | $154.9M |
| Agf Management Ltd. | 0.66% | Reduce -9.7% | 3,759,327 | $150.8M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.26% | Add +931.1% | 4,124,519 | $149.8M |
| Janus Henderson Group PLC | 0.07% | Add +1975.2% | 4,045,488 | $147.3M |
| Deutsche Bank AG | 0.05% | Add +26.7% | 4,052,764 | $147.0M |
| UBS Group AG | 0.03% | Add +10.0% | 4,016,230 | $145.7M |
| AustralianSuper Pty Ltd | 0.51% | Reduce -5.8% | 3,010,417 | $109.3M |
| FIL Ltd | 0.08% | Reduce -46.5% | 2,858,765 | $103.8M |
| AQR Capital Management | 0.05% | Add +3876.9% | 2,778,448 | $100.9M |
| Alberta Investment Management Corp | 0.67% | No change | 2,757,900 | $100.1M |
| Mufg Securities (canada), LTD. | 2.59% | Reduce -8.7% | 2,565,602 | $93.2M |
| Bridgewater Associates | 0.34% | Reduce -14.5% | 2,558,071 | $93.0M |
| OMERS ADMINISTRATION Corp | 0.65% | New | 2,500,006 | $90.9M |
| Intact Investment Management Inc. | 2.46% | Add +55.5% | 2,351,965 | $85.4M |
| Caisse de depot et placement du Quebec | 0.14% | Add +199.7% | 2,325,640 | $84.6M |
| Two Sigma Investments, LP | 0.12% | Reduce -18.6% | 2,147,715 | $77.9M |
| Manufacturers Life Insurance Company, The | 0.06% | Add +1.6% | 1,966,790 | $71.6M |
| BlackRock, Inc. | 0.00% | Reduce -13.6% | 1,925,112 | $69.8M |
| Northern Trust Corp. | 0.01% | Reduce -3.0% | 1,906,313 | $69.2M |
| Picton Mahoney Asset Management | 0.76% | Add +25.8% | 1,896,152 | $69.0M |
| Franklin Resources Inc. | 0.02% | Reduce -4.2% | 1,893,333 | $68.7M |
| Quadrature Capital Ltd | 0.69% | Reduce -56.0% | 1,863,300 | $67.7M |
| CANADA LIFE ASSURANCE Co | 0.12% | Reduce -29.1% | 1,819,979 | $66.2M |
| Aviva PLC | 0.11% | Add +5.6% | 1,795,227 | $65.2M |
| Barclays PLC | 0.02% | Add +82.6% | 1,694,987 | $61.5M |
| Invesco Ltd. | 0.01% | Reduce -3.0% | 1,688,059 | $61.2M |
| Bank of New York Mellon Corp | 0.01% | Reduce -2.6% | 1,681,507 | $61.0M |
| Korea Investment CORP | 0.12% | Reduce -0.9% | 1,641,168 | $59.7M |
| Clearbridge Investments, LLC | 0.04% | Reduce -3.0% | 1,534,757 | $55.7M |
| Value Partners Investments Inc. | 4.24% | Reduce -0.1% | 1,518,938 | $55.2M |
| Guardian Capital LP | 1.64% | Add +69.6% | 1,516,983 | $55.2M |
| Russell Investments Group, Ltd. | 0.06% | Add +28.9% | 1,496,659 | $54.4M |
| DekaBank Deutsche Girozentrale | 0.09% | No change | 2,057,848 | $53.1M |
| GMO | 0.13% | Reduce -38.5% | 1,394,526 | $50.6M |
| Neuberger Berman Group LLC | 0.04% | Add +1.8% | 1,387,678 | $50.4M |
| Nuveen, LLC | 0.01% | Reduce -0.5% | 1,364,301 | $49.6M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.11% | Reduce -3.0% | 1,353,117 | $49.2M |
| Van Eck Associates Corp. | 0.04% | Add +43.0% | 1,329,636 | $48.4M |
| Scheer, Rowlett & Associates Investment Management Ltd. | 3.24% | Reduce -13.5% | 1,302,110 | $47.3M |
| Acadian Asset Management LLC | 0.08% | Add +12.5% | 1,287,393 | $46.8M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 0.25% | Reduce -66.9% | 1,282,595 | $46.6M |
| Todd Asset Management LLC | 0.88% | Reduce -10.8% | 1,241,208 | $45.0M |
| First Trust Advisors LP | 0.03% | Reduce -14.0% | 1,161,195 | $42.1M |
| Wellington Management Group LLP | 0.01% | Add +166.7% | 1,094,504 | $39.8M |
| American Century Companies Inc. | 0.02% | Add +8.6% | 1,092,188 | $39.7M |
| State of Tennessee, Department of Treasury | 0.13% | Reduce -8.3% | 1,023,048 | $39.2M |
| Addenda Capital Inc. | 1.13% | Reduce -4.2% | 770,657 | $38.4M |
| D. E. Shaw & Co. | 0.03% | Reduce -67.3% | 993,719 | $36.1M |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd | 2.94% | Reduce -19.3% | 695,123 | $34.6M |
| Achmea Investment Management B.V. | 0.85% | Reduce -1.8% | 916,359 | $33.3M |
| O'shaughnessy Asset Management, LLC | 0.18% | Add +3.5% | 914,776 | $33.2M |
| Citigroup Inc. | 0.02% | Reduce -23.5% | 884,730 | $32.2M |
| Canerector Inc. | 15.37% | Reduce -3.1% | 630,000 | $31.4M |
| Jones Financial Companies LLLP | 0.02% | Add +7.9% | 857,716 | $31.1M |
| Zurich Insurance Group Ltd | 0.20% | Add +0.5% | 805,289 | $29.3M |
| Bank of Nova Scotia Trust Co. | 2.52% | Add +0.5% | 798,952 | $29.0M |
| Focus Partners Wealth | 0.03% | Add +4.4% | 796,837 | $28.9M |
| Teachers Retirement System of the State of Kentucky | 0.20% | Reduce -15.5% | 753,560 | $27.3M |
| APG Asset Management N.V. | 0.08% | Reduce -43.3% | 871,660 | $27.0M |
| Candriam S.C.A. | 0.13% | Add +0.6% | 716,046 | $26.0M |
| Hillsdale Investment Management Inc. | 0.72% | Add +96.4% | 712,830 | $25.9M |
| Lombard Odier Asset Management (Europe) Ltd | 1.91% | Add +760.0% | 687,972 | $25.0M |
| Pictet Asset Management Holding SA | 0.02% | Add +1.0% | 678,946 | $24.7M |
| Mn Services Vermogensbeheer B.V. | 0.15% | Add +2.6% | 669,056 | $24.3M |
| PBU - The Pension Fund of Early Childhood & Youth Educators | 0.35% | — | 658,184 | $23.9M |
| Capital World Investors | 0.00% | Reduce -86.0% | 655,000 | $23.8M |
| Raymond James Financial Inc. | 0.01% | Add +10.5% | 644,447 | $23.4M |
| LPL Financial LLC | 0.01% | Add +2.7% | 644,063 | $23.4M |
"% of holder's portfolio" is MFC's weight in each manager's 13F, not the share of Manulife Financial Corp. the manager owns.