GUARDIAN CAPITAL LP

CIK

1224324

Location

TORONTO, A6

Portfolio Value

Mid $3,771,186,318

Diversification

Diversified

Filing Date

Global Rank

#810 / 8,624 ▲ 70 · as of Mar 2026

Top Industry

Banks - Diversified 16.5%

3Y Alpha vs SPY

-3.7%

Period ended 4 months ago

Filed May 15, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+58.3%

SPY

+67.7%

Annualised alpha

-2.3%

Max drawdown

−13.4%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

153 tracked 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 tracked positions · $3,771,186,318 total · filing declares 240 positions · $3,782,903,251 · 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%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.