Analyzing Jarislowsky, Fraser Ltd's Q3 2022 vs. Q4 2022 13F Holdings: A Closer Look at the Changes Made by the Company

Investment management is one of the most crucial tasks that a company has to undertake to earn profits in the financial market. Jarislowsky, Fraser Ltd, a well-known investment management company, has recently made changes to its 13F holdings. In this blog post, we will analyze the Q3 2022 vs. Q4 2022 13F holdings of the company and explore the reasons behind the changes made.

Canadian National Railway Company:

The first company that we will discuss is the Canadian National Railway Company. In Q3 2022, Jarislowsky, Fraser Ltd had 10,203,283 shares in CNR.TO, which reduced to 9,486,125 shares in Q4 2022. However, the value of shares slightly increased from $1,107,755 to $1,126,058, resulting in a 1.7% change. It indicates that the company had a positive outlook on the company, despite reducing its shares.

Bank of Nova Scotia:

The second company that experienced a reduction in shares is the Bank of Nova Scotia. In Q3 2022, Jarislowsky, Fraser Ltd had 14,141,982 shares in BNS.TO, which reduced to 13,775,260 shares in Q4 2022. The value also reduced from $676,194 to $674,453. It was a minor reduction of 0.3% and could be a result of profit-booking as the company had performed well before the sell-in Q3 2022.

Thomson Reuters Corp:

The third company is the Thomson Reuters Corp. In Q3 2022, Jarislowsky, Fraser Ltd had 6,315,964 shares in TRI.TO, which reduced to 5,627,486 shares in Q4 2022. The value of shares also decreased from $651,781 to $641,517, resulting in a 1.6% change. The reduction could be due to the prevailing uncertainty in the industry and the company's short-term outlook.

Brookfield Corp:

Brookfield Corp was not among the holdings in Q3 2022, but in Q4 2022, Jarislowsky, Fraser Ltd added 19,565,784 shares and valued them at $614,866. It suggests that the company had confidence in the future performance of the organization and its ability to deliver positive returns.

CGI Inc.:

The fifth company on our list is CGI Inc. In Q3 2022, Jarislowsky, Fraser Ltd had 7,068,644 shares in GIB-A.TO, which reduced to 6,888,568 shares in Q4 2022. The value of shares increased from $534,956 to $593,353, resulting in a 10.9% change. The company's improved financials may have contributed to the increase in share value, but the reduction in shares could also be due to risk management.

Restaurant Brands International Inc.:

The sixth company on our list is Restaurant Brands International Inc. In Q3 2022, Jarislowsky, Fraser Ltd had 10,041,037 shares in QSR, which reduced to 7,932,261 shares in Q4 2022. The value of shares also decreased from $536,963 to $512,659, resulting in a 4.5% change. The reduction in shares could be due to negative news about the company, such as the pandemic's effect on the food industry.

Open Text Corporation:

The seventh company on our list is Open Text Corporation. In Q3 2022, Jarislowsky, Fraser Ltd had 14,874,401 shares in OTEX, which increased to 16,631,315 shares in Q4 2022. The value of shares also increased from $395,221 to $492,454, resulting in a 24.6% change. The company's robust financials may have contributed to the increase in share value, and the increased stake indicates confidence in the company's future potential.

Microsoft Corporation:

The eighth company that we will discuss is Microsoft Corporation. In Q3 2022, Jarislowsky, Fraser Ltd had 1,932,949 shares in MSFT, which increased to 1,964,501 shares in Q4 2022. The value of shares also increased from $450,183 to $471,126, resulting in a 4.7% change. The company's solid financials and positive outlook contributed to Jarislowsky, Fraser Ltd increasing their stake in the company.

Stantec Inc:

The ninth company on our list is Stantec Inc. In Q3 2022, Jarislowsky, Fraser Ltd had 9,730,655 shares in STN.TO, which reduced to 9,366,193 shares in Q4 2022. The value of shares also increased from $429,009 to $448,488, resulting in a 4.5% change. The reduction in shares could be due to risk management, while the increased share value could be due to the company's improved financials.

Magna International Inc. - A:

The tenth company that we will discuss is Magna International Inc. In Q3 2022, Jarislowsky, Fraser Ltd had 8,133,446 shares in MG.TO, which reduced to 7,848,896 shares in Q4 2022. The value of shares increased from $387,887 to $440,598, resulting in a 13.6% change. The company's improved financials and outlook could have contributed to the increase in share value, while the reduction in shares could be due to risk management.

Conclusion:

Jarislowsky, Fraser Ltd's Q3 2022 vs. Q4 2022 13F holdings showcases the company's approach to investment management. The analysis revealed that the company made some reductions in shares, which could be due to factors such as industry uncertainty and risk management. However, it also added shares to new holdings, indicating confidence in the future growth of these companies. Jarislowsky, Fraser Ltd's 13F holdings changes exhibited its approach to long-term investment and risk management.