Jarislowsky, Fraser Ltd Q1 2023 vs. Q2 2023 13F Holdings Comparison

Investment firm Jarislowsky, Fraser Ltd has released its 13F filings for Q1 2023 and Q2 2023, revealing interesting changes in their holdings. Let's take a closer look at some of the major changes in their portfolio.

Canadian National Railway Company (CNR.TO)

During Q2 2023, Jarislowsky, Fraser Ltd reduced its holdings in Canadian National Railway Company. The number of shares decreased from 9,556,511 in Q1 to 9,248,550 in Q2. The value also declined from $1,126,080,000 to $1,121,215,000. This represents a slight decrease of 0.4%.

Brookfield Corp (BN.TO)

Jarislowsky, Fraser Ltd significantly increased its position in Brookfield Corp during Q2 2023. The number of shares rose from 21,170,729 to 23,288,257, while the value of the holdings increased from $688,772,000 to $784,926,000. This marks a substantial growth of 14%.

Open Text Corporation (OTEX)

There was a slight decrease in Jarislowsky, Fraser Ltd's holdings in Open Text Corporation during Q2 2023. The number of shares reduced from 16,804,467 to 16,141,191, and the value decreased from $647,296,000 to $672,112,000. This represents a marginal decline of 3.8%.

Thomson Reuters Corp

Notably, Jarislowsky, Fraser Ltd had no holdings in Thomson Reuters Corp during Q1, but in Q2, the firm acquired 4,927,018 shares valued at $665,965,000.

Bank of Nova Scotia (BNS.TO)

Jarislowsky, Fraser Ltd slightly reduced its position in Bank of Nova Scotia during Q2 2023. The number of shares decreased from 13,428,850 to 12,826,024, and the value declined from $675,436,000 to $642,439,000. This represents a decrease of 4.9%.

CGI Inc. (GIB-A.TO)

There was a notable decrease in Jarislowsky, Fraser Ltd's holdings in CGI Inc. during Q2 2023. The number of shares reduced from 6,706,286 to 5,731,582, and the value declined from $645,431,000 to $605,100,000. This marks a significant decrease of 6.2%.

Shopify Inc. Class - A (SHOP)

Jarislowsky, Fraser Ltd significantly increased its position in Shopify Inc. during Q2 2023. The number of shares rose from 10,318,555 to 9,298,233, and the value increased from $494,066,000 to $601,633,000. This represents a substantial growth of 21.8%.

Microsoft Corporation (MSFT)

There was a slight decrease in Jarislowsky, Fraser Ltd's holdings in Microsoft Corporation during Q2 2023. The number of shares reduced from 1,947,252 to 1,755,011, and the value declined from $563,281,000 to $597,651,000. This marks a marginal decrease of 6.1%.

These are just a few of the changes in Jarislowsky, Fraser Ltd's portfolio between Q1 2023 and Q2 2023. It is interesting to see the shifts in their holdings and how they can potentially impact their overall investment strategies.

Disclaimer: The data mentioned in this article is based on the 13F filings of Jarislowsky, Fraser Ltd for Q1 2023 and Q2 2023. The information provided is for informational purposes only and should not be considered as financial advice.