Guardian Capital portfolio
Type not verifiedPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 14, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Guardian Capital reported a $4.1 bn portfolio of 158 companies (159 positions, counting each share class separately) to the SEC as of the end of Q2 2026. Its largest positions are RY, CNQ, TD.
Sections with a free account
What changed this quarter
130 positions with a change (5 new, 65 added to, 55 trimmed, 5 sold); also, 1 exited through an acquisition or merger. 6 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- MDA Space−46%fewer sharesReduced2.4% → 1.9%
- CGI+55%more sharesIncreased2.7% → 3.5%
- Boyd Group Services+75%more sharesIncreased2.1% → 2.5%
- Suncor Energy+27%more sharesIncreased3.1% → 3.0%
- Brookfield+21%more sharesIncreased2.9% → 3.5%
- Royal Bank of Canada−6.5%fewer sharesReduced7.3% → 8.0%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- Royal Bank of CanadaRY8.0%
- Canadian Natural ResourcesCNQ3.8%
- Toronto Dominion BankTD3.7%
- CGIGIB3.5%
- BrookfieldBN3.5%
- Agnico Eagle MinesAEM3.3%
- Suncor EnergySU3.0%
- Open TextOTEX2.7%
- Bank of MontrealBMO2.6%
- Canadian Pacific Kansas CityCP2.5%
- Boyd Group ServicesBGSI2.5%
- AppleAAPL2.5%
- Canadian Imperial Bank of CommerceCM2.2%
- BroadcomAVGO2.2%
- AlphabetGOOGL · GOOG2.0%
Portfolio by sector
- ● Financials 27%
- ● Information Technology 20%
- ● Energy 13%
- ● Consumer Discretionary 9%
- ● Industrials 9%
- ● Materials 6%
- ● Health Care 4%
- ● Communication Services 4%
- ● No sector 3%
- ● Consumer Staples 2%
- ● Utilities 2%
- ● Real Estate 1%
Declared options (15)
Besides stocks, Guardian Capital declared 15 puts (they gain if the stock falls) with a notional of $2.9M. The 13F reports the value of the underlying shares, not the premium paid, so these figures look large and are not added to the portfolio. Nor does it say whether the option is bought or written, or its strike or expiry: it may be a hedge.
- PUTCME GroupCME$446K
- PUTYum China HoldingsYUMC$384K
- PUTIlluminaILMN$307K
- PUTNikeNKE$283K
- PUTBooking HoldingsBKNG$239K
- PUTAdobeADBE$227K
- PUTMicrosoftMSFT$210K
- PUTMastercardMA$197K
- PUTUnitedHealth GroupUNH$194K
- PUTVerisk AnalyticsVRSK$131K
- PUTMarketaxess HoldingsMKTX$121K
- PUTAccentureACN$100K
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Type not verified: we have not assigned a type because we found no document that is enough to tell. Most 13F filers are in this situation: we only review in depth those that meet the portfolio criteria.
Not counted as a concentrated manager: its portfolio is not within 5 to 100 positions; its top 10 positions are under 45%. Its portfolio is shown all the same, but it is left out of manager counts, the consensus and the ranking. How this is decided
Managers of a similar size
A 13F portfolio value between a third and three times this one, whatever the type of filer. It is not a comparison of what they hold.
- Jensen Investment ManagementInvestment firm · $4.1 bn
- TCG Crossover ManagementInvestment firm · $4.2 bn
- Locust Wood Capital AdvisersInvestment firm · $4.1 bn
- Crake Asset Management LLPInvestment firm · $4.2 bn
- Hamlin Capital ManagementInvestment firm · $4.0 bn
- Kinetic Partners Management$4.2 bn