| Fund | Previous Shares | Current Shares ▲▼ | Change in Shares ▲▼ | Previous Portfolio Weightage (%) | Current Portfolio Weightage (%) ▲▼ | Change in Weight (%) ▲▼ | Type |
|---|---|---|---|---|---|---|---|
| Partners Value Investments L.P. | 120,937,304 | 181,405,955 | +60,468,651 | 76.80 | 77.78 | +0.99 | buy |
| DODGE & COX | 0 | 41,280,320 | +41,280,320 | 0.00 | 1.02 | +1.02 | buy |
| ROYAL BANK OF CANADA | 80,891,748 | 113,652,306 | +32,760,558 | 0.99 | 0.92 | -0.07 | buy |
| VANGUARD GROUP INC | 60,559,807 | 92,103,120 | +31,543,313 | 0.06 | 0.06 | -0.00 | buy |
| Capital World Investors | 68,313,662 | 99,069,016 | +30,755,354 | 0.64 | 0.62 | -0.02 | buy |
| 1832 Asset Management L.P. | 16,305,509 | 45,546,724 | +29,241,215 | 1.89 | 2.65 | +0.76 | buy |
| NORGES BANK | 0 | 26,740,100 | +26,740,100 | 0.00 | 0.13 | +0.13 | buy |
| Pershing Square Capital Management, L.P. | 41,020,231 | 61,403,089 | +20,382,858 | 19.21 | 18.15 | -1.06 | buy |
| BROOKFIELD Corp /ON/ | 31,007,384 | 46,581,943 | +15,574,559 | 2.48 | 2.65 | +0.17 | buy |
| BANK OF MONTREAL /CAN/ | 43,677,466 | 59,074,667 | +15,397,201 | 1.23 | 1.08 | -0.16 | buy |
| PRINCIPAL FINANCIAL GROUP INC | 50,849,914 | 65,050,624 | +14,200,710 | 1.76 | 1.52 | -0.23 | buy |
| TD ASSET MANAGEMENT INC | 24,439,087 | 35,763,047 | +11,323,960 | 1.36 | 1.32 | -0.04 | buy |
| FIL Ltd | 16,829,168 | 25,945,785 | +9,116,617 | 0.91 | 0.89 | -0.02 | buy |
| MACKENZIE FINANCIAL CORP | 16,129,049 | 23,841,723 | +7,712,674 | 1.34 | 1.30 | -0.04 | buy |
| FIRST MANHATTAN CO. LLC. | 16,132,576 | 23,795,141 | +7,662,565 | 2.92 | 2.87 | -0.05 | buy |
| AKRE CAPITAL MANAGEMENT LLC | 19,215,941 | 26,843,633 | +7,627,692 | 13.14 | 13.51 | +0.37 | buy |
| Pacer Advisors, Inc. | 11,810 | 7,512,590 | +7,500,780 | 0.00 | 0.65 | +0.65 | buy |
| GEODE CAPITAL MANAGEMENT, LLC | 12,220,234 | 19,679,423 | +7,459,189 | 0.05 | 0.06 | +0.00 | buy |
| BESSEMER GROUP INC | 1,096 | 7,119,468 | +7,118,372 | 0.00 | 0.50 | +0.50 | buy |
| CIBC WORLD MARKET INC. | 11,277,277 | 17,824,212 | +6,546,935 | 1.07 | 1.46 | +0.40 | buy |
| CANADA PENSION PLAN INVESTMENT BOARD | 6,605,000 | 13,060,197 | +6,455,197 | 0.32 | 0.40 | +0.08 | buy |
| LONE PINE CAPITAL LLC | 10,181,348 | 15,923,360 | +5,742,012 | 5.08 | 5.37 | +0.29 | buy |
| TORONTO DOMINION BANK | 6,126,759 | 10,761,573 | +4,634,814 | 0.82 | 0.87 | +0.06 | buy |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 1,954,900 | 6,332,685 | +4,377,785 | 0.25 | 0.49 | +0.24 | buy |
| MARKEL GROUP INC. | 8,715,741 | 13,073,609 | +4,357,868 | 4.85 | 4.78 | -0.07 | buy |
| Federation des caisses Desjardins du Quebec | 8,773,304 | 13,106,905 | +4,333,601 | 2.36 | 2.30 | -0.06 | buy |
| Legal & General Group Plc | 7,359,626 | 11,494,884 | +4,135,258 | 0.11 | 0.12 | +0.00 | buy |
| CIBC Asset Management Inc | 13,235,536 | 17,304,740 | +4,069,204 | 2.63 | 1.92 | -0.71 | buy |
| FMR LLC | 11,190,114 | 15,177,438 | +3,987,324 | 0.04 | 0.04 | -0.00 | buy |
| SCOTIA CAPITAL INC. | 7,343,989 | 11,213,519 | +3,869,530 | 2.13 | 2.07 | -0.06 | buy |
| MORGAN STANLEY | 7,002,431 | 10,865,057 | +3,862,626 | 0.03 | 0.03 | +0.00 | buy |
| BANK OF AMERICA CORP /DE/ | 7,971,921 | 11,355,565 | +3,383,644 | 0.04 | 0.04 | -0.00 | buy |
| DAVENPORT & Co LLC | 8,488,957 | 11,816,546 | +3,327,589 | 3.14 | 2.95 | -0.19 | buy |
| NATIONAL BANK OF CANADA /FI/ | 19,959,079 | 23,031,220 | +3,072,141 | 1.55 | 1.08 | -0.46 | buy |
| REGENTS OF THE UNIVERSITY OF CALIFORNIA | 5,986,137 | 8,979,206 | +2,993,069 | 22.29 | 14.69 | -7.60 | buy |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 8,449,426 | 11,091,478 | +2,642,052 | 0.48 | 0.42 | -0.06 | buy |
| JPMORGAN CHASE & CO | 6,572,428 | 9,183,593 | +2,611,165 | 0.03 | 0.03 | -0.00 | buy |
| Connor, Clark & Lunn Investment Management Ltd. | 2,897,507 | 5,486,858 | +2,589,351 | 0.63 | 0.66 | +0.03 | buy |
| TD Waterhouse Canada Inc. | 3,848,049 | 6,078,402 | +2,230,353 | 1.70 | 1.73 | +0.03 | buy |
| BAILLIE GIFFORD & CO | 4,822,387 | 7,013,657 | +2,191,270 | 0.24 | 0.27 | +0.02 | buy |
| Neuberger Berman Group LLC | 4,783,470 | 6,940,908 | +2,157,438 | 0.24 | 0.24 | -0.00 | buy |
| Aristotle Capital Management, LLC | 4,385,073 | 6,447,071 | +2,061,998 | 0.58 | 0.59 | +0.01 | buy |
| CAISSE DE DEPOT ET PLACEMENT DU QUEBEC | 2,740,288 | 4,760,394 | +2,020,106 | 0.34 | 0.37 | +0.03 | buy |
| James Hambro & Partners LLP | 0 | 1,985,354 | +1,985,354 | 0.00 | 3.26 | +3.26 | buy |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 1,610,707 | 3,565,901 | +1,955,194 | 0.63 | 0.87 | +0.23 | buy |
| Soroban Capital Partners LP | 3,830,352 | 5,745,527 | +1,915,175 | 1.44 | 1.92 | +0.48 | buy |
| BANK OF NOVA SCOTIA | 12,058,881 | 13,765,260 | +1,706,379 | 1.46 | 0.94 | -0.53 | buy |
| CI INVESTMENTS INC. | 2,770,941 | 4,326,040 | +1,555,099 | 0.69 | 0.87 | +0.18 | buy |
| Third Point LLC | 4,675,000 | 6,200,000 | +1,525,000 | 3.83 | 3.91 | +0.09 | buy |
| CHECK CAPITAL MANAGEMENT INC/CA | 2,929,168 | 4,388,968 | +1,459,800 | 12.72 | 12.04 | -0.68 | buy |
| Corient Private Wealth LLC | 3,492,187 | 4,891,403 | +1,399,216 | 0.38 | 0.31 | -0.07 | buy |
| Invesco Ltd. | 3,298,331 | 4,651,015 | +1,352,684 | 0.04 | 0.03 | -0.01 | buy |
| DEUTSCHE BANK AG\ | 2,350,430 | 3,683,285 | +1,332,855 | 0.05 | 0.06 | +0.00 | buy |
| FENIMORE ASSET MANAGEMENT INC | 2,575,076 | 3,842,656 | +1,267,580 | 3.54 | 3.67 | +0.13 | buy |
| CIBC Private Wealth Group LLC | 2,490,688 | 3,735,465 | +1,244,777 | 0.29 | 0.29 | -0.00 | buy |
| BAMCO INC /NY/ | 2,402,280 | 3,635,917 | +1,233,637 | 0.44 | 0.45 | +0.02 | buy |
| GOLDMAN SACHS GROUP INC | 6,743,407 | 7,950,712 | +1,207,305 | 0.07 | 0.05 | -0.01 | buy |
| Beutel, Goodman & Co Ltd. | 3,108,035 | 4,301,067 | +1,193,032 | 1.28 | 1.21 | -0.07 | buy |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 2,337,893 | 3,523,292 | +1,185,399 | 0.05 | 0.05 | +0.00 | buy |
| COOKE & BIELER LP | 2,354,323 | 3,528,460 | +1,174,137 | 1.67 | 1.69 | +0.02 | buy |
| Novo Holdings A/S | 2,330,830 | 3,496,245 | +1,165,415 | 10.30 | 12.46 | +2.16 | buy |
| OMERS ADMINISTRATION Corp | 2,317,789 | 3,476,683 | +1,158,894 | 1.14 | 1.14 | -0.00 | buy |
| WELLS FARGO & COMPANY/MN | 2,919,401 | 4,052,109 | +1,132,708 | 0.04 | 0.04 | -0.00 | buy |
| WELLINGTON MANAGEMENT GROUP LLP | 2,891,925 | 4,014,078 | +1,122,153 | 0.03 | 0.03 | -0.00 | buy |
| Jefferies Financial Group Inc. | 0 | 1,119,000 | +1,119,000 | 0.00 | 0.42 | +0.42 | buy |
| Alberta Investment Management Corp | 2,364,068 | 3,464,602 | +1,100,534 | 1.18 | 0.95 | -0.22 | buy |
| Amundi | 1,348,087 | 2,362,880 | +1,014,793 | 0.03 | 0.03 | -0.00 | buy |
| PICTON MAHONEY ASSET MANAGEMENT | 2,629,023 | 3,613,638 | +984,615 | 2.30 | 1.82 | -0.48 | buy |
| Cardinal Capital Management, Inc. | 2,164,145 | 3,077,748 | +913,603 | 4.29 | 4.35 | +0.06 | buy |
| MUFG SECURITIES (CANADA), LTD. | 2,379,875 | 3,288,214 | +908,339 | 4.56 | 4.20 | -0.36 | buy |
| PUBLIC SECTOR PENSION INVESTMENT BOARD | 270,837 | 1,169,344 | +898,507 | 0.07 | 0.18 | +0.11 | buy |
| GUARDIAN CAPITAL LP | 1,743,597 | 2,642,075 | +898,478 | 3.86 | 3.60 | -0.26 | buy |
| Clearbridge Investments, LLC | 1,958,211 | 2,851,937 | +893,726 | 0.07 | 0.10 | +0.04 | buy |
| SCHARF INVESTMENTS, LLC | 2,629,310 | 3,515,805 | +886,495 | 4.53 | 4.33 | -0.20 | buy |
| Cannell & Spears LLC | 1,803,463 | 2,659,766 | +856,303 | 2.33 | 2.28 | -0.05 | buy |
| STIFEL FINANCIAL CORP | 1,614,405 | 2,441,512 | +827,107 | 0.10 | 0.10 | -0.00 | buy |
| MCDONALD CAPITAL INVESTORS INC/CA | 1,879,927 | 2,699,130 | +819,203 | 8.01 | 7.60 | -0.42 | buy |
| NORTHERN TRUST CORP | 1,622,205 | 2,396,483 | +774,278 | 0.01 | 0.01 | -0.00 | buy |
| Addenda Capital Inc. | 1,386,649 | 2,158,161 | +771,512 | 3.92 | 3.99 | +0.07 | buy |
| RAYMOND JAMES FINANCIAL INC | 1,531,489 | 2,294,959 | +763,470 | 0.03 | 0.03 | -0.00 | buy |
| Dixon Mitchell Investment Counsel Inc. | 1,606,322 | 2,363,922 | +757,600 | 3.92 | 3.58 | -0.33 | buy |
| UBS Group AG | 1,740,454 | 2,475,051 | +734,597 | 0.02 | 0.02 | -0.00 | buy |
| Aviso Financial Inc. | 1,402,621 | 2,133,276 | +730,655 | 3.91 | 3.72 | -0.19 | buy |
| STATE OF WISCONSIN INVESTMENT BOARD | 0 | 723,099 | +723,099 | 0.00 | 0.07 | +0.07 | buy |
| DIMENSIONAL FUND ADVISORS LP | 1,387,618 | 2,107,881 | +720,263 | 0.02 | 0.02 | -0.00 | buy |
| Sather Financial Group Inc | 1,425,054 | 2,119,399 | +694,345 | 5.31 | 5.23 | -0.08 | buy |
| BRUNI J V & CO /CO | 1,419,744 | 2,114,031 | +694,287 | 9.83 | 9.53 | -0.30 | buy |
| AMERIPRISE FINANCIAL INC | 1,447,497 | 2,135,778 | +688,281 | 0.02 | 0.02 | -0.00 | buy |
| Capital Research Global Investors | 1,452,739 | 2,134,876 | +682,137 | 0.02 | 0.02 | -0.00 | buy |
| Bank of New York Mellon Corp | 1,293,843 | 1,952,645 | +658,802 | 0.02 | 0.02 | -0.00 | buy |
| AVIVA PLC | 1,090,785 | 1,724,711 | +633,926 | 0.14 | 0.13 | -0.00 | buy |
| M&G Plc | 1,144,336 | 1,753,313 | +608,977 | 0.42 | 0.41 | -0.01 | buy |
| ENVESTNET ASSET MANAGEMENT INC | 1,709,236 | 2,301,506 | +592,270 | 0.03 | 0.03 | -0.00 | buy |
| Marathon Asset Management Ltd | 1,390,733 | 1,962,979 | +572,246 | 3.51 | 3.47 | -0.04 | buy |
| AGF MANAGEMENT LTD | 1,571,255 | 2,128,475 | +557,220 | 0.48 | 0.43 | -0.05 | buy |
| Focus Partners Wealth | 1,019,455 | 1,550,292 | +530,837 | 0.11 | 0.08 | -0.03 | buy |
| Heritage Wealth Advisors | 1,092,033 | 1,615,356 | +523,323 | 3.28 | 2.83 | -0.45 | buy |
| Korea Investment CORP | 948,504 | 1,456,551 | +508,047 | 0.13 | 0.13 | -0.00 | buy |
| NEW SOUTH CAPITAL MANAGEMENT INC | 945,430 | 1,416,531 | +471,101 | 2.96 | 2.99 | +0.03 | buy |
| Scheer, Rowlett & Associates Investment Management Ltd. | 1,564,730 | 2,031,480 | +466,750 | 6.40 | 6.40 | -0.00 | buy |