MACKENZIE FINANCIAL CORP

CIK

919859

Location

TORONTO ONTARIO, A6

Portfolio Value

Large $81,197,496,788

Diversification

Diversified

Filing Date

Global Rank

#93 / 8,605 ▼ 3 · as of Mar 2026

Top Industry

Banks - Diversified 11.8%

3Y Alpha vs SPY

-4.7%

Period ended 3 months ago

Filed May 15, 2026 · 56d

24 quarters · since Jun 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

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

Cloned portfolio

+55.8%

SPY

+75.5%

Annualised alpha

-4.7%

Max drawdown

−15.2%

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

1,346 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

3.9%

−0.5 pts

Top 5

15.5%

−1.2 pts

Top 10

25.4%

−2.2 pts

HHI

107

Diversified−11

Portfolio Trend

24 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	20.1%	$16,330,462,013	178
Technology	19.7%	$16,030,287,223	246
Basic Materials	10.6%	$8,599,151,867	108
Energy	10.4%	$8,432,190,498	84
Industrials	10.2%	$8,267,846,420	190
Healthcare	7.7%	$6,223,755,453	156
Consumer Cyclical	6.0%	$4,843,930,939	129
Communication Services	5.4%	$4,405,450,915	68
Consumer Defensive	3.6%	$2,894,647,444	64
Unclassified	2.9%	$2,327,397,670	7
Utilities	2.5%	$2,013,651,232	55
Real Estate	1.0%	$828,725,114	61

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
F	Ford Motor Co	+4,804,446	6,948,731	$80,188,355
GGB	Gerdau S.A.	+3,660,324	7,777,577	$28,077,052
ENB	Enbridge Inc	+2,266,102	20,429,369	$1,106,046,037
PCG	PG&E Corp	+2,142,675	10,247,356	$180,046,044
SU	Suncor Energy Inc	+2,128,963	14,157,995	$935,985,049
BBD	Bank Bradesco	+2,107,644	7,620,881	$27,816,215
CIG	Energy Co Of Minas Gerais	+2,103,800	2,527,974	$6,041,857
NIO	NIO Inc.	+1,802,727	2,765,448	$16,675,651
CSIQ	Canadian Solar Inc.	+1,732,275	4,616,690	$63,941,156
BCE	Bce Inc	+1,630,205	3,885,182	$98,061,993
DVN	Devon Energy Corp/De	+1,588,884	1,791,304	$90,138,417
BAC	Bank Of America Corp /De/	+1,587,040	3,994,319	$194,723,051
OVV	Ovintiv Inc.	+1,496,985	3,376,430	$200,424,884
MFC	Manulife Financial Corp	+1,343,105	29,894,048	$1,029,551,013
MCHP	Microchip Technology Inc	+1,246,213	1,701,218	$109,915,694
KO	Coca Cola Co	+1,244,944	5,743,951	$436,827,473
GOSS	Gossamer Bio, Inc.	+1,230,470	1,536,923	$505,647
SNAP	Snap Inc	+1,221,913	1,298,858	$5,974,746
DD	DuPont de Nemours, Inc.	+1,218,454	2,359,909	$324,251,496
CDE	Coeur Mining, Inc.	+1,217,598	1,300,102	$24,402,914
FTS	Fortis Inc.	+1,198,638	4,542,599	$253,431,598
VET	Vermilion Energy Inc.	+1,194,095	4,368,356	$60,195,945
NVDA	Nvidia Corp	+1,157,346	14,451,589	$2,520,357,121
TAC	Transalta Corp	+1,070,587	4,684,204	$61,363,072
MRK	Merck & Co., Inc.	+1,052,450	2,517,435	$302,822,256
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
RLX	RLX Technology Inc.	−3,689,942	528,675	$1,163,085
CNQ	CANADIAN NATURAL RESOURCES Ltd	−3,496,798	27,430,542	$1,336,690,311
CVE	Cenovus Energy Inc.	−3,314,585	25,478,426	$675,942,641
VZLA	Vizsla Silver Corp.	−2,975,208	373,554	$1,232,728
PBA	Pembina Pipeline Corp	−2,631,884	8,281,681	$370,688,041
GO	Grocery Outlet Holding Corp.	−2,584,478	2,125,243	$14,982,963
TGB	Trekor Metals Ltd	−2,330,855	4,020,043	$25,929,277
IAG	Iamgold Corp	−2,238,116	4,847,089	$91,222,214
RCI	Rogers Communications Inc	−2,040,909	4,370,470	$168,044,571
CGNX	Cognex Corp	−1,817,037	796,275	$39,009,512
BN	BROOKFIELD Corp /ON/	−1,674,986	22,166,737	$897,087,846
RY	Royal Bank Of Canada	−1,535,315	19,481,596	$3,151,732,600
CAE	Cae Inc	−1,446,510	11,944,101	$311,143,831
TD	Toronto Dominion Bank	−1,422,282	24,114,490	$2,250,123,061
UBER	Uber Technologies, Inc	−1,275,661	303,687	$21,844,205
KW	Kennedy-Wilson Holdings, Inc.	−1,267,696	1,528,353	$16,536,779
ADT	ADT Inc.	−1,247,257	89,819	$590,110
OR	OR Royalties Inc.	−1,232,845	2,063,485	$78,453,699
AGI	Alamos Gold Inc	−1,165,385	6,337,502	$281,575,213
BSX	Boston Scientific Corp	−1,107,981	959,867	$60,231,654
STN	Stantec Inc	−1,069,243	3,105,136	$268,283,750
BTG	B2gold Corp	−1,039,736	7,153,421	$32,404,997
HDB	Hdfc Bank Ltd	−1,031,011	936,624	$23,303,205
BNS	Bank Of Nova Scotia	−1,021,646	8,645,354	$599,209,485
A	Agilent Technologies, Inc.	−942,311	80,960	$9,227,820
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
AZN	Astrazeneca PLC	1,444,637	$284,911,309
SUNB	Sunbelt Rentals Holdings, Inc.	1,676,178	$109,102,426
SM	SM Energy Co	2,676,731	$83,460,472
MDA	MDA Space Ltd.	2,685,152	$67,988,048
COLB	Columbia Banking System, Inc.	1,134,797	$31,127,481
VIRT	Virtu Financial, Inc.	433,623	$19,070,739
PR	Permian Resources Corp	795,954	$16,969,739
LBRT	Liberty Energy Inc.	492,443	$14,182,358
PAY	Paymentus Holdings, Inc.	506,803	$12,872,796
PRI	Primerica, Inc.	50,825	$12,730,646
OLN	OLIN Corp	396,180	$11,778,431
CAMT	Camtek Ltd	77,368	$11,729,762
UL	Unilever PLC	184,405	$10,505,552
BWA	Borgwarner Inc	117,667	$6,384,611
LITE	Lumentum Holdings Inc.	8,169	$5,740,846
VNOM	Viper Energy, Inc.	111,908	$5,258,556
MXL	Maxlinear, Inc	263,166	$4,576,456
USAU	U.S. Gold Corp.	276,924	$4,206,475
CORT	Corcept Therapeutics Inc	104,132	$4,197,560
OEC	Orion S.A.	625,920	$4,068,480
NBR	Nabors Industries Ltd	45,704	$3,933,286
CTOS	Custom Truck One Source, Inc.	589,100	$3,870,387
CALY	Callaway Golf Co	275,881	$3,829,228
PBF	PBF Energy Inc.	78,402	$3,733,503
VSNT	Versant Media Group, Inc.	99,026	$3,665,942
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
GRTUF	Granite Real Estate Investment Trust	1,615,139	$95,600,077
EXAS	EXACT SCIENCES CORP	812,115	$82,478,399
NGD	New Gold Inc. /FI	7,105,367	$61,887,746
LNC	Lincoln National Corp	533,823	$23,771,138
JAZZ	Jazz Pharmaceuticals plc	83,456	$14,187,520
PRTS	CarParts.com, Inc.	1,779,674	$8,898,370
CUK	CARNIVAL PLC	229,038	$6,946,722
BP	Bp PLC	179,452	$6,232,367
PBR	Petrobras - Petroleo Brasileiro SA	381,560	$4,521,486
ACI	Albertsons Companies, Inc.	204,464	$3,510,646
FRSH	Freshworks Inc.	267,277	$3,274,143
XPEV	Xpeng Inc.	144,928	$2,939,139
ATAT	Atour Lifestyle Holdings Ltd	59,206	$2,332,716
AMRX	Amneal Pharmaceuticals, Inc.	181,806	$2,290,755
ATI	Ati Inc	18,849	$2,163,111
PGNY	Progyny, Inc.	84,232	$2,163,077
FET	Forum Energy Technologies, Inc.	57,907	$2,139,663
NSP	Insperity, Inc.	55,104	$2,133,626
ARRY	Array Technologies, Inc.	231,255	$2,132,171
IDCC	InterDigital, Inc.	6,633	$2,111,814
SGHC	Super Group (SGHC) Ltd	175,054	$2,091,895
CBL	Cbl & Associates Properties Inc	55,049	$2,036,813
ONTO	Onto Innovation Inc.	12,001	$1,894,477
ONB	Old National Bancorp /In/	84,806	$1,892,021
OUT	OUTFRONT Media Inc.	77,330	$1,863,653
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

1,346 positions · $81,197,496,788 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 1,346 positions by value · page 1 of 27

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
RY	Royal Bank Of Canada Financial Services	Reduced	19,481,596	-1,535,315	$3,151,732,600	−12.0%	3.88%
NVDA	Nvidia Corp Technology	Added	14,451,589	+1,157,346	$2,520,357,121	+1.7%	3.10%
AAPL	Apple Inc. Technology	Added	9,632,092	+428,193	$2,444,528,628	−2.3%	3.01%
TD	Toronto Dominion Bank Financial Services	Reduced	24,114,490	-1,422,282	$2,250,123,061	−6.5%	2.77%
SPY	Spdr S&P 500 ETF Trust	Reduced	3,432,710	-11,205	$2,232,428,621	−4.9%	2.75%
MSFT	Microsoft Corp Technology	Reduced	5,075,573	-454,098	$1,878,824,857	−29.7%	2.31%
GOOGL	Alphabet Inc. Communication Services	Reduced	6,245,731	-140,906	$1,796,022,406	−10.2%	2.21%
AEM	Agnico Eagle Mines Ltd Basic Materials	Added	8,843,378	+155,754	$1,795,028,866	+21.9%	2.21%
CNQ	CANADIAN NATURAL RESOURCES Ltd Energy	Reduced	27,430,542	-3,496,798	$1,336,690,311	+27.7%	1.65%
CP	Canadian Pacific Kansas City Ltd/Cn Industrials	Reduced	15,625,962	-445,096	$1,229,138,170	+3.9%	1.51%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	5,852,258	-842,916	$1,218,849,773	−21.1%	1.50%
SHOP	Shopify Inc. Technology	Reduced	9,946,334	-14,763	$1,179,834,139	−26.4%	1.45%
BMO	Bank Of Montreal /Can/ Financial Services	Reduced	8,582,188	-711,082	$1,161,513,323	−3.7%	1.43%
ENB	Enbridge Inc Energy	Added	20,429,369	+2,266,102	$1,106,046,037	+27.3%	1.36%
JNJ	Johnson & Johnson Healthcare	Reduced	4,409,868	-38,191	$1,077,948,133	+17.1%	1.33%
MFC	Manulife Financial Corp Financial Services	Added	29,894,048	+1,343,105	$1,029,551,013	−0.6%	1.27%
CM	Canadian Imperial Bank Of Commerce /Can/ Financial Services	Reduced	10,257,007	-543,599	$971,851,413	−0.7%	1.20%
SU	Suncor Energy Inc Energy	Added	14,157,995	+2,128,963	$935,985,049	+75.4%	1.15%
CNI	Canadian National Railway Co Industrials	Reduced	8,776,306	-118,617	$901,940,967	+2.6%	1.11%
BN	BROOKFIELD Corp /ON/ Financial Services	Reduced	22,166,737	-1,674,986	$897,087,846	−18.0%	1.10%
META	Meta Platforms, Inc. Communication Services	Reduced	1,425,527	-14,004	$815,586,762	−14.2%	1.00%
WCN	Waste Connections, Inc. Industrials	Reduced	4,980,317	-639,109	$809,002,693	−17.9%	1.00%
B	Barrick Mining Corp Basic Materials	Reduced	19,776,568	-815,177	$806,686,208	−10.0%	0.99%
TRP	Tc Energy Corp Energy	Reduced	12,774,832	-643,374	$799,704,483	+8.3%	0.98%
AVGO	Broadcom Inc. Technology	Added	2,563,522	+110,328	$793,435,694	−6.6%	0.98%
CVE	Cenovus Energy Inc. Energy	Reduced	25,478,426	-3,314,585	$675,942,641	+38.7%	0.83%
XOM	ExxonMobil Holdings Corp Energy	Added	3,662,146	+581,134	$621,319,690	+67.6%	0.77%
FNV	FRANCO NEVADA Corp Basic Materials	Added	2,444,774	+138,791	$603,981,416	+26.4%	0.74%
BNS	Bank Of Nova Scotia Financial Services	Reduced	8,645,354	-1,021,646	$599,209,485	−15.9%	0.74%
NTR	Nutrien Ltd. Basic Materials	Added	7,789,956	+570,223	$587,830,079	+31.9%	0.72%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	1,983,783	-549,883	$583,549,607	−28.5%	0.72%
WPM	Wheaton Precious Metals Corp. Basic Materials	Added	4,029,982	+185,015	$527,967,941	+16.8%	0.65%
CME	Cme Group Inc. Financial Services	Added	1,733,761	+312,268	$512,066,311	+31.9%	0.63%
LIN	Linde PLC Basic Materials	Added	983,500	+18,582	$487,579,960	+18.5%	0.60%
MA	Mastercard Inc Financial Services	Added	940,027	+97,016	$469,693,890	−2.4%	0.58%
KGC	Kinross Gold Corp Basic Materials	Added	15,373,355	+763,508	$469,194,794	+14.0%	0.58%
LLY	ELI LILLY & Co Healthcare	Added	506,081	+14,768	$465,478,121	−11.8%	0.57%
TECK	Teck Resources Ltd Basic Materials	Added	8,935,856	+677,606	$462,430,548	+16.9%	0.57%
V	Visa Inc. Financial Services	Added	1,505,509	+72,553	$455,025,040	−9.5%	0.56%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	2,841,584	-205,091	$453,800,964	−3.0%	0.56%
ABBV	AbbVie Inc. Healthcare	Reduced	2,065,016	-11,146	$449,120,329	−5.3%	0.55%
KO	Coca Cola Co Consumer Defensive	Added	5,743,951	+1,244,944	$436,827,473	+38.9%	0.54%
BAM	Brookfield Asset Management Ltd. Financial Services	Reduced	9,765,188	-96,056	$434,062,606	−16.0%	0.53%
TU	Telus Corp Communication Services	Added	33,641,206	+322,808	$431,616,672	−1.6%	0.53%
PM	Philip Morris International Inc. Consumer Defensive	Added	2,584,550	+49,685	$427,329,497	+5.1%	0.53%
WMT	Walmart Inc. Consumer Defensive	Reduced	3,387,290	-262,380	$420,972,401	+3.5%	0.52%
TTE	TotalEnergies SE Energy	Added	4,468,257	+531,378	$406,522,021	+57.8%	0.50%
GIB	Cgi Inc Technology	Reduced	5,439,758	-417,779	$397,646,309	−26.5%	0.49%
CSCO	Cisco Systems, Inc. Technology	Added	5,039,461	+781,306	$391,011,778	+19.2%	0.48%
SLF	Sun Life Financial Inc Financial Services	Reduced	6,102,537	-106,052	$381,774,714	−1.5%	0.47%