1y return+16.1%S&P 500 +20.9%
3y return+45.6%S&P 500 +68.5%
5y return+41.6%S&P 500 +74.5%
10y return+135.1%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $235 against $357 in the S&P 500.2
Mackenzie Financial CorpS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| RYRoyal Bank of Canada | $5.5B | 5.5% | −4.3% |
| TDToronto-Dominion Bank/The | $3.9B | 3.9% | −5.1% |
| NVDANVIDIA Corp | $2.9B | 2.9% | |
| SPYState Street Corp | $2.6B | 2.6% | +1.2% |
| AAPLApple Inc | $2.6B | 2.6% | −7.9% |
| BMOBank of Montreal | $2.1B | 2.1% | |
| GOOGLAlphabet Inc | $2.1B | 2.1% | −4.0% |
| CPCanadian Pacific Kansas City L | $2.1B | 2.1% | +9.1% |
| MSFTMicrosoft Corp | $2.0B | 2.0% | +4.0% |
| AEMAgnico Eagle Mines Ltd | $2.0B | 2.0% | |
| CMCanadian Imperial Bank of Comm | $1.8B | 1.8% | +6.6% |
| MFCManulife Financial Corp | $1.7B | 1.7% | −1.3% |
| ENBEnbridge Inc | $1.6B | 1.6% | +3.5% |
| CNQCanadian Natural Resources Ltd | $1.5B | 1.5% | |
| AMZNAmazon.com Inc | $1.5B | 1.5% | +9.2% |
| CNICanadian National Railway Co | $1.5B | 1.5% | +1.9% |
| BNBrookfield Corp | $1.5B | 1.5% | +12.5% |
| TRPTC Energy Corp | $1.1B | 1.1% | −4.5% |
| SUSuncor Energy Inc | $1.1B | 1.1% | |
| BNSBank of Nova Scotia/The | $1.1B | 1.1% | |
| AVGOBroadcom Inc | $1.0B | 1.0% | +8.0% |
| BBarrick Mining Corp | $1.0B | 1.0% | |
| JNJJohnson & Johnson | $1.0B | 1.0% | −7.7% |
| METAMeta Platforms Inc | $875.1M | 0.9% | +9.0% |
| CVECenovus Energy Inc | $747.8M | 0.7% | −16.6% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANVIDIA Corp | June 30, 2020 | +2006.7% | $2.9B |
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $1.0B |
| AMATApplied Materials Inc | June 30, 2020 | +1096.1% | $515.6M |
| LLYEli Lilly & Co | June 30, 2020 | +630.6% | $696.2M |
| LRCXLam Research Corp | December 31, 2024 | +499.9% | $685.9M |
| TECKTeck Resources Ltd | June 30, 2020 | +470.6% | $615.0M |
| CVECenovus Energy Inc | June 30, 2020 | +431.3% | $747.8M |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $2.1B |
| CNQCanadian Natural Resources Ltd | June 30, 2020 | +354.1% | $1.5B |
| JPMJPMorgan Chase & Co | June 30, 2020 | +248.0% | $712.7M |
Sold off last quarter
- Honeywell Intl IncCUSIP 438516106 was $163.8M
- Thomson Reuters CorpCUSIP 884903808 was $157.1M
- Dupont De Nemours IncCUSIP 26614N102 was $108.1M
- HQYHealthequity Inc was $107.1M
- MMSMaximus Inc was $101.2M
- GNRCGenerac Hldgs Inc was $76.7M
- NEOGNeogen Corp was $72.5M
- ELFE L F Beauty Inc was $56.7M
- LNTHLantheus Hldgs Inc was $54.2M
- SLABSilicon Laboratories Inc was $52.0M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +7.2% | +14.8% |
| March 31, 2026 | −1.2% | −4.6% |
| December 31, 2025 | +2.5% | +2.4% |
| September 30, 2025 | +6.8% | +7.8% |
| June 30, 2025 | +8.8% | +10.5% |
| March 31, 2025 | −1.3% | −4.6% |
| December 31, 2024 | −1.4% | +2.1% |
| September 30, 2024 | +7.6% | +5.4% |
| June 30, 2024 | −0.8% | +4.0% |
| March 31, 2024 | +5.9% | +10.0% |
| December 31, 2023 | +10.2% | +11.2% |
| September 30, 2023 | −4.9% | −3.6% |
| June 30, 2023 | +4.1% | +8.3% |
| March 31, 2023 | +3.9% | +7.0% |
| December 31, 2022 | +7.5% | +7.1% |
| September 30, 2022 | −7.2% | −5.3% |
| June 30, 2022 | −15.2% | −16.5% |
| March 31, 2022 | −1.3% | −4.9% |
| December 31, 2021 | +8.2% | +10.7% |
| September 30, 2021 | −0.4% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Mackenzie Financial Corp Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=919859&type=13F-HR&dateb=&owner=include&count=40CIK 919859
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/919859/000106299326004254/Filed August 13, 2026 · accession 0001062993-26-004254