Fiera Capital Corp

CIK

1505817

Location

MONTREAL, A8

Portfolio Value

Large $29,863,577,723

Diversification

Diversified

Filing Date

Global Rank

#210 / 8,622 ▼ 1 · as of Mar 2026

Top Industry

Financial Data & Stock Exchanges 8.9%

3Y Alpha vs SPY

-8.0%

Period ended 4 months ago

Filed May 12, 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

+40.4%

SPY

+67.9%

Annualised alpha

-6.9%

Max drawdown

−15.3%

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

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

Top Position

5.9%

−0.3 pts

Top 5

22.7%

−1.6 pts

Top 10

36.3%

−0.4 pts

HHI

198

Diversified−11

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	20.4%	$6,089,438,029	115
Technology	18.9%	$5,658,802,354	60
Industrials	16.8%	$5,023,271,185	49
Consumer Cyclical	16.1%	$4,793,856,376	35
Healthcare	9.1%	$2,729,577,761	43
Communication Services	7.5%	$2,238,317,359	11
Basic Materials	4.3%	$1,272,307,923	15
Energy	2.5%	$738,416,724	17
Consumer Defensive	2.4%	$702,616,411	11
Unclassified	1.8%	$531,737,248	4
Utilities	0.2%	$46,220,668	3
Real Estate	0.1%	$39,015,685	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
CNQ	CANADIAN NATURAL RESOURCES Ltd	+3,143,722	4,437,467	$216,237,766
SU	Suncor Energy Inc	+2,013,146	3,386,302	$223,868,425
SLF	Sun Life Financial Inc	+1,624,798	2,301,995	$144,012,807
CAE	Cae Inc	+1,326,534	2,300,829	$59,936,595
PRCT	PROCEPT BioRobotics Corp	+691,101	967,595	$24,199,550
SHOP	Shopify Inc.	+595,014	609,013	$72,241,121
CHWY	Chewy, Inc.	+573,379	2,593,763	$70,031,601
SF	Stifel Financial Corp	+420,536	1,225,145	$90,562,718
TD	Toronto Dominion Bank	+359,160	487,391	$45,478,454
SLB	Slb Limited/Nv	+356,897	363,222	$18,665,977
PIPR	Piper Sandler Companies	+338,077	446,244	$34,159,977
LIN	Linde PLC	+337,743	756,862	$375,221,904
TRI	Thomson Reuters Corp /Can/	+335,836	2,133,045	$191,931,389
BN	BROOKFIELD Corp /ON/	+273,788	322,276	$13,042,509
BKNG	Booking Holdings Inc.	+266,759	274,775	$1,156,890,678
RCI	Rogers Communications Inc	+240,946	7,437,822	$285,984,255
ENB	Enbridge Inc	+236,043	389,108	$21,066,307
CM	Canadian Imperial Bank Of Commerce /Can/	+189,778	229,788	$21,772,413
CPRT	Copart Inc	+182,813	9,012,247	$299,206,599
MA	Mastercard Inc	+178,790	1,869,288	$934,008,441
BSX	Boston Scientific Corp	+174,940	496,423	$31,150,542
ORLY	O Reilly Automotive Inc	+172,989	512,187	$47,279,981
AEM	Agnico Eagle Mines Ltd	+171,600	189,082	$38,379,864
NU	Nu Holdings Ltd.	+165,611	1,365,194	$19,617,837
AVGO	Broadcom Inc.	+154,204	164,267	$50,842,278
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
HDB	Hdfc Bank Ltd	−5,630,829	2,884,136	$71,757,302
ORCL	Oracle Corp	−2,551,754	14,991	$2,205,325
TU	Telus Corp	−1,107,042	16,258,624	$208,598,145
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−813,364	5,210,034	$1,760,730,988
FTDR	Frontdoor, Inc.	−577,306	373,396	$19,737,712
DSGX	Descartes Systems Group Inc	−534,023	837,190	$59,909,316
BMO	Bank Of Montreal /Can/	−494,978	3,486,620	$471,879,150
GOOGL	Alphabet Inc.	−467,132	5,632,241	$1,619,607,220
RBA	Rb Global Inc.	−465,924	3,692,061	$353,884,046
CNI	Canadian National Railway Co	−457,072	6,191,510	$636,301,482
ROL	Rollins Inc	−451,526	868,380	$46,380,175
GIB	Cgi Inc	−374,967	5,019,479	$366,923,914
MUJ	Blackrock Muniholdings New Jersey Quality Fund, Inc.	−342,461	52,162	$603,514
APH	Amphenol Corp /De/	−340,513	592,245	$74,830,154
RY	Royal Bank Of Canada	−319,289	4,220,026	$682,715,806
CP	Canadian Pacific Kansas City Ltd/Cn	−308,320	5,905,413	$464,519,786
TW	Tradeweb Markets Inc.	−304,710	407,659	$47,965,157
MMU	Western Asset Managed Municipals Fund Inc.	−296,409	156,264	$1,606,393
PML	Pimco Municipal Income Fund II	−280,128	334,671	$2,533,459
NOW	ServiceNow, Inc.	−269,481	255,279	$26,689,419
CARR	CARRIER GLOBAL Corp	−257,383	6,666,102	$375,368,202
ZTS	Zoetis Inc.	−239,172	136,520	$16,138,028
JNJ	Johnson & Johnson	−218,090	2,240,155	$547,583,487
WCN	Waste Connections, Inc.	−217,807	2,547,069	$413,745,888
TJX	Tjx Companies Inc /De/	−206,824	4,716,647	$753,248,524
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
SUNB	Sunbelt Rentals Holdings, Inc.	1,249,410	$81,324,096
RACE	Ferrari N.V.	132,863	$44,967,481
CTAS	Cintas Corp	232,759	$39,368,857
TERN	Terns Pharmaceuticals, Inc.	711,326	$37,501,106
AM	Antero Midstream Corp	1,574,150	$35,890,619
INTU	Intuit Inc.	76,086	$32,898,064
GILD	Gilead Sciences, Inc.	187,420	$26,120,725
DYN	Dyne Therapeutics, Inc.	1,380,620	$25,030,639
AZN	Astrazeneca PLC	123,765	$24,408,932
MRK	Merck & Co., Inc.	202,612	$24,372,197
BBIO	BridgeBio Pharma, Inc.	322,690	$23,962,958
COGT	Cogent Biosciences, Inc.	558,252	$21,487,119
PI	Impinj Inc	203,105	$20,858,883
VZ	Verizon Communications Inc	393,976	$19,777,595
WWD	Woodward, Inc.	46,064	$16,487,226
AR	ANTERO RESOURCES Corp	131,685	$5,588,710
NAD	Nuveen Quality Municipal Income Fund	221,624	$2,548,676
NEA	Nuveen AMT-Free Quality Municipal Income Fund	198,441	$2,228,492
NVG	Nuveen AMT-Free Municipal Credit Income Fund	162,248	$2,000,517
FAST	Fastenal Co	36,927	$1,713,412
DSM	Bny Mellon Strategic Municipal Bond Fund, Inc.	268,640	$1,614,526
VMO	Invesco Municipal Opportunity Trust	167,172	$1,589,805
VKQ	Invesco Municipal Trust	165,965	$1,579,986
LEO	Bny Mellon Strategic Municipals, Inc.	170,221	$1,070,690
CLS	Celestica Inc	3,685	$1,037,990
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
VEEV	Veeva Systems Inc	256,465	$57,250,681
WING	Wingstop Inc.	228,076	$54,393,844
AJG	Arthur J. Gallagher & Co.	160,603	$41,562,450
MNDY	monday.com Ltd.	273,530	$40,362,086
BSY	Bentley Systems Inc	968,800	$36,974,251
AGI	Alamos Gold Inc	412,867	$15,928,408
CIGI	Colliers International Group Inc.	88,208	$12,967,458
OR	OR Royalties Inc.	349,922	$12,383,739
RJF	Raymond James Financial Inc	56,312	$9,043,143
EFXT	Enerflex Ltd.	536,529	$8,278,642
ORLA	Orla Mining Ltd.	539,966	$7,273,342
PSX	Phillips 66	41,953	$5,413,615
NRK	Nuveen New York Amt-Free Quality Municipal Income Fund	460,804	$4,649,512
AUNA	Auna S.A.	914,396	$4,498,827
COP	Conocophillips	27,950	$2,616,399
ARES	Ares Management Corp	12,904	$2,085,673
ATS	ATS Corp /ATS	71,007	$1,955,532
DGII	Digi International Inc	18,677	$808,527
FCFS	FirstCash Holdings, Inc.	5,040	$803,275
GLW	Corning Inc /Ny	5,000	$437,800
CSX	Csx Corp	12,000	$435,000
CRAI	Cra International, Inc.	1,778	$356,844
SOBO	South Bow Corp	10,842	$297,829
HWKN	Hawkins Inc	2,021	$287,103
DAC	Danaos Corp	2,485	$234,037
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

366 positions · $29,863,577,723 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 366 positions by value · page 1 of 8

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	5,210,034	-813,364	$1,760,730,988	−3.8%	5.90%
GOOGL	Alphabet Inc. Communication Services	Reduced	5,632,241	-467,132	$1,619,607,220	−15.2%	5.42%
MSFT	Microsoft Corp Technology	Added	3,289,871	+40,175	$1,217,811,547	−22.5%	4.08%
BKNG	Booking Holdings Inc. Consumer Cyclical	Added	274,775	+266,759	$1,156,890,678	+2594.9%	3.87%
MCO	Moodys Corp /De/ Financial Services	Reduced	2,356,454	-15,485	$1,028,003,056	−15.2%	3.44%
MA	Mastercard Inc Financial Services	Added	1,869,288	+178,790	$934,008,441	−3.2%	3.13%
AZO	Autozone Inc Consumer Cyclical	Reduced	261,043	-9,600	$881,745,823	−3.9%	2.95%
CME	Cme Group Inc. Financial Services	Added	2,687,105	+51,291	$793,636,460	+10.3%	2.66%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	4,716,647	-206,824	$753,248,524	−0.4%	2.52%
RY	Royal Bank Of Canada Financial Services	Reduced	4,220,026	-319,289	$682,715,806	−11.8%	2.29%
CNI	Canadian National Railway Co Industrials	Reduced	6,191,510	-457,072	$636,301,482	−3.2%	2.13%
SHW	Sherwin Williams Co Basic Materials	Added	1,775,226	+4,423	$569,048,693	−0.8%	1.91%
JNJ	Johnson & Johnson Healthcare	Reduced	2,240,155	-218,090	$547,583,487	+7.6%	1.83%
MSCI	MSCI Inc. Financial Services	Added	981,698	+19,072	$529,145,038	−4.2%	1.77%
QSR	Restaurant Brands International Inc. Consumer Cyclical	Reduced	6,692,221	-143,301	$494,555,131	+6.0%	1.66%
BMO	Bank Of Montreal /Can/ Financial Services	Reduced	3,486,620	-494,978	$471,879,150	−8.7%	1.58%
CP	Canadian Pacific Kansas City Ltd/Cn Industrials	Reduced	5,905,413	-308,320	$464,519,786	+1.5%	1.56%
QQQ	Invesco Qqq Trust, Series 1	Reduced	761,153	-4,105	$439,322,288	−6.5%	1.47%
PEP	Pepsico Inc Consumer Defensive	Reduced	2,715,499	-25,557	$421,689,838	+7.2%	1.41%
WCN	Waste Connections, Inc. Industrials	Reduced	2,547,069	-217,807	$413,745,888	−14.7%	1.39%
MTD	Mettler Toledo International Inc/ Healthcare	Added	314,354	+4,354	$396,463,263	−8.3%	1.33%
CARR	CARRIER GLOBAL Corp Industrials	Reduced	6,666,102	-257,383	$375,368,202	+2.6%	1.26%
LIN	Linde PLC Basic Materials	Added	756,862	+337,743	$375,221,904	+110.0%	1.26%
OTIS	Otis Worldwide Corp Industrials	Reduced	4,866,896	-153,156	$375,140,342	−14.4%	1.26%
GIB	Cgi Inc Technology	Reduced	5,019,479	-374,967	$366,923,914	−26.3%	1.23%
RBA	Rb Global Inc. Industrials	Reduced	3,692,061	-465,924	$353,884,046	−17.3%	1.19%
GGG	Graco Inc Industrials	Reduced	3,938,901	-176,920	$333,427,968	−1.2%	1.12%
CPRT	Copart Inc Industrials	Added	9,012,247	+182,813	$299,206,599	−13.4%	1.00%
RCI	Rogers Communications Inc Communication Services	Added	7,437,822	+240,946	$285,984,255	+5.3%	0.96%
AMZN	Amazon Com Inc Consumer Cyclical	Added	1,287,850	+132,307	$268,220,518	+0.6%	0.90%
UNH	Unitedhealth Group Inc Healthcare	Reduced	898,935	-856	$243,242,820	−18.1%	0.81%
SU	Suncor Energy Inc Energy	Added	3,386,302	+2,013,146	$223,868,425	+267.5%	0.75%
CNQ	CANADIAN NATURAL RESOURCES Ltd Energy	Added	4,437,467	+3,143,722	$216,237,766	+393.8%	0.72%
TU	Telus Corp Communication Services	Reduced	16,258,624	-1,107,042	$208,598,145	−8.8%	0.70%
SPGI	S&P Global Inc. Financial Services	Reduced	476,622	-167,397	$202,726,387	−39.8%	0.68%
TRI	Thomson Reuters Corp /Can/ Industrials	Added	2,133,045	+335,836	$191,931,389	−19.0%	0.64%
ADI	Analog Devices Inc Technology	Reduced	568,658	-36,626	$180,912,855	+10.2%	0.61%
AON	Aon plc Financial Services	Added	550,287	+16,705	$177,621,637	−5.7%	0.59%
STN	Stantec Inc Industrials	Added	2,016,034	+35,134	$174,185,337	−6.8%	0.58%
INSM	INSMED Inc Healthcare	Added	1,021,970	+29,078	$167,112,534	−3.3%	0.56%
ARGX	Argenx SE Healthcare	Reduced	217,198	-8,773	$158,608,839	−16.5%	0.53%
HLT	Hilton Worldwide Holdings Inc. Consumer Cyclical	Reduced	516,571	-51,382	$157,078,909	−3.7%	0.53%
ALC	Alcon Inc Healthcare	Added	2,060,804	+32,683	$155,281,581	−2.8%	0.52%
BWXT	BWX Technologies, Inc. Industrials	Added	729,269	+6,113	$149,128,217	+19.3%	0.50%
SLF	Sun Life Financial Inc Financial Services	Added	2,301,995	+1,624,798	$144,012,807	+240.8%	0.48%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	594,741	-66,785	$140,525,402	−11.9%	0.47%
AAPL	Apple Inc. Technology	Added	549,008	+2,309	$139,332,739	−6.3%	0.47%
CW	Curtiss Wright Corp Industrials	Added	204,498	+1,604	$139,287,677	+24.5%	0.47%
V	Visa Inc. Financial Services	Reduced	412,263	-89,419	$124,602,367	−29.2%	0.42%
FROG	JFrog Ltd Technology	Added	2,326,298	+72,848	$109,173,164	−22.4%	0.37%