Fiera Capital Corp

CIK

1505817

Location

MONTREAL, A8

Portfolio Value

Small $702,616,411

Diversification

Diversified

Filing Date

Global Rank

#130 / 8,232 ▲ 11

Top Industry

Financial Data & Stock Exchanges 9.0%

3Y Alpha vs SPY

-8.2%

Period ended 2 months ago

Filed May 12, 2026 · 33d

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

+42.8%

SPY

+76.3%

Annualised alpha

-8.2%

Max drawdown

−15.4%

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

363 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%

−0.5 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	20.3%	$6,053,028,294	112
Technology	19.0%	$5,658,802,354	60
Industrials	16.8%	$5,023,271,185	49
Consumer Cyclical	16.1%	$4,793,856,320	35
Healthcare	9.2%	$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
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	$1,156,890,622
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
AMZN	Amazon Com Inc	+132,307	1,287,850	$268,220,518
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
PIPR	Piper Sandler Companies	108,167	$9,186,352
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
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

11 positions · $702,616,411 total · Consumer Defensive only · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
PEP	Pepsico Inc Consumer Defensive	Reduced	2,715,499	-25,557	$421,689,838	+7.2%	60.02%
CL	Colgate Palmolive Co Consumer Defensive	Added	1,033,739	+4,017	$88,105,574	+8.3%	12.54%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	75,752	+181	$75,481,565	+15.8%	10.74%
DG	Dollar General Corp Consumer Defensive	Reduced	586,070	-61,611	$69,584,090	−19.1%	9.90%
LRN	Stride, Inc. Consumer Defensive	Added	418,766	+124,619	$36,922,597	+93.3%	5.26%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	59,580	-315	$8,605,734	+0.3%	1.22%
PM	Philip Morris International Inc. Consumer Defensive	Held	4,080	0	$674,587	+3.1%	0.10%
WMT	Walmart Inc. Consumer Defensive	Held	4,356	0	$541,363	+11.6%	0.08%
KO	Coca Cola Co Consumer Defensive	Reduced	5,068	-57	$385,420	+7.6%	0.05%
UL	Unilever PLC Consumer Defensive	Added	6,256	+431	$356,404	−6.4%	0.05%
MO	Altria Group, Inc. Consumer Defensive	Held	4,080	0	$269,239	+14.4%	0.04%