GUARDIAN CAPITAL LP

CIK

1224324

Location

TORONTO, A6

Portfolio Value

Mid $3,771,186,318

Diversification

Diversified

Filing Date

Global Rank

#643 / 8,232 ▲ 111

Top Industry

Banks - Diversified 16.5%

3Y Alpha vs SPY

-4.0%

Period ended 2 months ago

Filed May 15, 2026 · 30d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+59.4%

SPY

+76.3%

Annualised alpha

-4.0%

Max drawdown

−13.2%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

153 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

7.3%

−1.7 pts

Top 5

22.6%

−2.6 pts

Top 10

36.0%

−4.1 pts

HHI

223

Diversified−41

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	24.7%	$931,506,236	26
Technology	17.5%	$660,666,026	27
Energy	14.5%	$548,313,789	12
Industrials	10.5%	$396,603,360	22
Consumer Cyclical	9.7%	$366,256,492	15
Basic Materials	9.1%	$342,983,166	11
Healthcare	4.0%	$149,748,844	14
Communication Services	3.3%	$125,238,925	7
Utilities	3.0%	$111,285,192	10
Consumer Defensive	2.4%	$90,276,509	6
Real Estate	1.3%	$48,307,779	3

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
OTEX	Open Text Corp	+854,837	4,570,672	$101,651,745
SHOP	Shopify Inc.	+479,247	523,837	$62,137,544
BAM	Brookfield Asset Management Ltd.	+317,945	358,646	$15,941,814
BGSI	Boyd Group Services Inc.	+168,574	616,641	$78,843,718
CNQ	Canadian Natural Resources Ltd	+143,430	3,453,521	$168,290,077
GIB	Cgi Inc	+129,903	1,422,593	$103,991,547
RCI	Rogers Communications Inc	+110,248	737,820	$28,369,179
APH	Amphenol Corp /De/	+110,200	129,747	$16,393,532
BN	BROOKFIELD Corp /ON/	+109,732	2,751,807	$111,365,629
QSR	Restaurant Brands International Inc.	+97,613	979,526	$72,386,971
BIPH	Brookfield Infrastructure Partners L.P.	+93,407	705,360	$25,477,603
WMB	Williams Companies, Inc.	+92,129	830,532	$60,446,118
STN	Stantec Inc	+71,705	366,389	$31,656,009
NVDA	Nvidia Corp	+65,413	112,438	$19,609,186
VST	Vistra Corp.	+64,467	72,588	$10,912,153
MUFG	Mitsubishi Ufj Financial Group Inc	+57,504	91,129	$1,546,459
AAPL	Apple Inc.	+50,816	334,688	$84,940,467
IBN	Icici Bank Ltd	+47,043	525,324	$13,605,891
SAN	Banco Santander, S.A.	+46,510	274,636	$3,097,894
AMZN	Amazon Com Inc	+43,409	71,770	$14,947,537
AVGO	Broadcom Inc.	+41,417	224,938	$69,620,560
DSGX	Descartes Systems Group Inc	+40,376	190,877	$13,659,158
WEC	Wec Energy Group, Inc.	+40,321	137,339	$15,899,735
GOOGL	Alphabet Inc.	+36,983	198,064	$56,955,283
TJX	Tjx Companies Inc /De/	+34,620	182,379	$29,125,925
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
TU	Telus Corp	−2,544,141	127,559	$1,636,581
NTR	Nutrien Ltd.	−228,792	297,949	$22,483,230
AEM	Agnico Eagle Mines Ltd	−205,733	818,770	$166,193,934
SU	Suncor Energy Inc	−197,926	1,791,267	$118,420,661
HBM	Hudbay Minerals Inc.	−148,125	453,764	$9,483,667
CM	Canadian Imperial Bank Of Commerce /Can/	−117,138	823,115	$77,990,145
ENB	Enbridge Inc	−101,307	1,240,899	$67,182,271
TECK	Teck Resources Ltd	−69,275	831,598	$43,035,196
RY	Royal Bank Of Canada	−60,298	1,707,110	$276,176,255
AQN	Algonquin Power & Utilities Corp.	−55,500	20,801	$127,718
MFC	Manulife Financial Corp	−51,507	1,465,476	$50,470,993
B	Barrick Mining Corp	−45,772	851,294	$34,724,281
YUMC	Yum China Holdings, Inc.	−29,285	124,615	$6,078,719
GIL	Gildan Activewear Inc.	−22,012	1,199,037	$66,726,409
MGA	Magna International Inc	−18,400	53,545	$2,988,346
TD	Toronto Dominion Bank	−18,235	1,301,737	$121,465,079
IMO	Imperial Oil Ltd	−17,600	26,463	$3,461,889
CL	Colgate Palmolive Co	−14,600	46,900	$3,997,287
TFII	TFI International Inc.	−14,300	21,446	$2,329,678
CME	Cme Group Inc.	−11,900	27,200	$8,033,520
NKE	NIKE, Inc.	−8,600	96,161	$5,079,224
ALC	Alcon Inc	−7,800	30,400	$2,290,640
CP	Canadian Pacific Kansas City Ltd/Cn	−7,730	1,222,910	$96,194,100
ILMN	Illumina, Inc.	−6,800	26,200	$3,229,412
AMAT	Applied Materials Inc /De	−6,125	8,725	$2,982,117
No positions match the current search.

New Positions

Positions the filer opened this quarter

7 positions

Ticker	Company	Shares	Value
MDA	MDA Space Ltd.	3,557,734	$90,081,824
AZN	Astrazeneca PLC	170,252	$33,577,099
ADI	Analog Devices Inc	13,285	$4,226,489
ALLE	Allegion plc	20,596	$2,992,392
GBX	Greenbrier Companies Inc	39,339	$2,071,198
HSBC	Hsbc Holdings PLC	2,681	$221,155
PTEN	Patterson Uti Energy Inc	13,922	$150,775
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
WAT	Waters Corp /De/	10,900	$4,140,147
CCJ	Cameco Corp	38,672	$3,538,101
ARM	Arm Holdings PLC /Uk	19,906	$2,175,924
AMBP	Ardagh Metal Packaging S.A.	19,983	$81,930
PLTK	Playtika Holding Corp.	14,794	$58,436
ALIT	Alight, Inc. / Delaware	11,594	$22,608
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

153 positions · $3,771,186,318 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 153 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
RY	Royal Bank Of Canada Financial Services	Reduced	1,707,110	-60,298	$276,176,255	−8.3%	7.32%
CNQ	Canadian Natural Resources Ltd Energy	Added	3,453,521	+143,430	$168,290,077	+50.2%	4.46%
AEM	Agnico Eagle Mines Ltd Basic Materials	Reduced	818,770	-205,733	$166,193,934	−4.3%	4.41%
TD	Toronto Dominion Bank Financial Services	Reduced	1,301,737	-18,235	$121,465,079	−2.3%	3.22%
SU	Suncor Energy Inc Energy	Reduced	1,791,267	-197,926	$118,420,661	+34.2%	3.14%
BN	BROOKFIELD Corp /ON/ Financial Services	Added	2,751,807	+109,732	$111,365,629	−8.1%	2.95%
GIB	Cgi Inc Technology	Added	1,422,593	+129,903	$103,991,547	−12.8%	2.76%
OTEX	Open Text Corp Technology	Added	4,570,672	+854,837	$101,651,745	−16.0%	2.70%
CP	Canadian Pacific Kansas City Ltd/Cn Industrials	Reduced	1,222,910	-7,730	$96,194,100	+6.2%	2.55%
BMO	Bank Of Montreal /Can/ Financial Services	Reduced	680,673	-60	$92,122,283	+4.3%	2.44%
MDA	MDA Space Ltd. Industrials	NEW	3,557,734	NEW	$90,081,824	NEW	2.39%
AAPL	Apple Inc. Technology	Added	334,688	+50,816	$84,940,467	+10.1%	2.25%
BGSI	Boyd Group Services Inc. Consumer Cyclical	Added	616,641	+168,574	$78,843,718	+10.5%	2.09%
CM	Canadian Imperial Bank Of Commerce /Can/ Financial Services	Reduced	823,115	-117,138	$77,990,145	−8.5%	2.07%
QSR	Restaurant Brands International Inc. Consumer Cyclical	Added	979,526	+97,613	$72,386,971	+20.3%	1.92%
AVGO	Broadcom Inc. Technology	Added	224,938	+41,417	$69,620,560	+9.6%	1.85%
ENB	Enbridge Inc Energy	Reduced	1,240,899	-101,307	$67,182,271	+4.6%	1.78%
GIL	Gildan Activewear Inc. Consumer Cyclical	Reduced	1,199,037	-22,012	$66,726,409	−12.5%	1.77%
MSFT	Microsoft Corp Technology	Added	175,523	+28,993	$64,973,348	−8.3%	1.72%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	64,856	+8,841	$64,624,463	+33.8%	1.71%
SHOP	Shopify Inc. Technology	Added	523,837	+479,247	$62,137,544	+765.7%	1.65%
WMB	Williams Companies, Inc. Energy	Added	830,532	+92,129	$60,446,118	+36.2%	1.60%
GOOGL	Alphabet Inc. Communication Services	Added	198,064	+36,983	$56,955,283	+13.0%	1.51%
MFC	Manulife Financial Corp Financial Services	Reduced	1,465,476	-51,507	$50,470,993	−8.3%	1.34%
ASML	Asml Holding NV Technology	Added	38,123	+1,356	$50,354,002	+28.0%	1.34%
TTE	TotalEnergies SE Energy	Added	551,137	+12,380	$50,142,444	+42.3%	1.33%
WPM	Wheaton Precious Metals Corp. Basic Materials	Added	339,568	+7,279	$44,486,803	+13.9%	1.18%
CNI	Canadian National Railway Co Industrials	Added	421,409	+22,178	$43,308,202	+9.7%	1.15%
TECK	Teck Resources Ltd Basic Materials	Reduced	831,598	-69,275	$43,035,196	−0.2%	1.14%
MCD	Mcdonalds Corp Consumer Cyclical	Added	135,886	+12,251	$42,232,009	+11.8%	1.12%
FTS	Fortis Inc. Utilities	Added	744,877	+7,307	$41,556,687	+8.5%	1.10%
JNJ	Johnson & Johnson Healthcare	Added	158,358	+15,420	$38,709,029	+30.9%	1.03%
B	Barrick Mining Corp Basic Materials	Reduced	851,294	-45,772	$34,724,281	−11.1%	0.92%
BNS	Bank Of Nova Scotia Financial Services	Reduced	493,081	-3,638	$34,175,444	−6.6%	0.91%
AZN	Astrazeneca PLC Healthcare	NEW	170,252	NEW	$33,577,099	NEW	0.89%
EQIX	Equinix Inc Real Estate	Added	32,961	+5,271	$32,309,689	+52.3%	0.86%
STN	Stantec Inc Industrials	Added	366,389	+71,705	$31,656,009	+13.8%	0.84%
SHEL	Shell plc Energy	Added	337,067	+11,937	$31,347,231	+31.2%	0.83%
META	Meta Platforms, Inc. Communication Services	Added	52,977	+13,628	$30,309,730	+16.7%	0.80%
MA	Mastercard Inc Financial Services	Added	59,371	+1,541	$29,665,312	−10.1%	0.79%
SLF	Sun Life Financial Inc Financial Services	Added	470,211	+2,235	$29,416,400	+0.7%	0.78%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Added	182,379	+34,620	$29,125,925	+28.3%	0.77%
RSG	Republic Services, Inc. Industrials	Added	131,982	+14,214	$28,906,697	+15.8%	0.77%
RCI	Rogers Communications Inc Communication Services	Added	737,820	+110,248	$28,369,179	+19.8%	0.75%
HIG	Hartford Insurance Group, Inc. Financial Services	Added	188,835	+31,765	$25,536,157	+18.0%	0.68%
BIPH	Brookfield Infrastructure Partners L.P. Utilities	Added	705,360	+93,407	$25,477,603	+19.8%	0.68%
WM	Waste Management Inc Industrials	Added	105,388	+13,960	$24,217,107	+20.6%	0.64%
NTR	Nutrien Ltd. Basic Materials	Reduced	297,949	-228,792	$22,483,230	−30.8%	0.60%
ABBV	AbbVie Inc. Healthcare	Added	98,560	+18,860	$21,435,813	+17.7%	0.57%
PH	Parker-Hannifin Corp Industrials	Added	22,720	+7,034	$20,339,852	+47.5%	0.54%