| Fund | Previous Shares | Current Shares ▲▼ | Change in Shares ▲▼ | Previous Portfolio Weightage (%) | Current Portfolio Weightage (%) ▲▼ | Change in Weight (%) ▲▼ | Type |
|---|---|---|---|---|---|---|---|
| Partners Value Investments L.P. | 30,807,960 | 30,807,960 | 0 | 18.97 | 17.63 | -1.35 | hold |
| Capital World Investors | 24,523,874 | 23,747,991 | -775,883 | 0.17 | 0.15 | -0.02 | sell |
| FMR LLC | 19,986,299 | 20,703,097 | +716,798 | 0.06 | 0.05 | -0.01 | buy |
| VANGUARD GROUP INC | 10,760,414 | 16,302,924 | +5,542,510 | 0.01 | 0.01 | +0.00 | buy |
| Capital International Investors | 14,197,451 | 15,954,877 | +1,757,426 | 0.12 | 0.12 | +0.00 | buy |
| ROYAL BANK OF CANADA | 16,212,543 | 15,908,092 | -304,451 | 0.17 | 0.15 | -0.02 | sell |
| FIL Ltd | 11,620,973 | 14,387,900 | +2,766,927 | 0.48 | 0.54 | +0.06 | buy |
| TD ASSET MANAGEMENT INC | 12,486,721 | 13,552,736 | +1,066,015 | 0.49 | 0.48 | -0.01 | buy |
| MACKENZIE FINANCIAL CORP | 11,318,266 | 13,523,306 | +2,205,040 | 0.69 | 0.77 | +0.08 | buy |
| BANK OF MONTREAL /CAN/ | 9,639,559 | 9,193,240 | -446,319 | 0.13 | 0.11 | -0.02 | sell |
| PRINCIPAL FINANCIAL GROUP INC | 11,021,200 | 8,843,049 | -2,178,151 | 0.27 | 0.20 | -0.07 | sell |
| NORGES BANK | 5,674,853 | 7,042,517 | +1,367,664 | 0.04 | 0.04 | +0.00 | buy |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 4,070,483 | 6,859,094 | +2,788,611 | 0.16 | 0.24 | +0.09 | buy |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 5,912,007 | 5,900,789 | -11,218 | 0.07 | 0.07 | -0.01 | sell |
| Beutel, Goodman & Co Ltd. | 4,558,928 | 4,492,175 | -66,753 | 0.99 | 0.91 | -0.08 | sell |
| GOLDMAN SACHS GROUP INC | 4,337,776 | 3,751,108 | -586,668 | 0.04 | 0.03 | -0.01 | sell |
| CIBC Asset Management Inc | 3,304,500 | 3,583,113 | +278,613 | 0.48 | 0.49 | +0.00 | buy |
| DAVENPORT & Co LLC | 3,309,027 | 3,258,489 | -50,538 | 0.87 | 0.79 | -0.08 | sell |
| Neuberger Berman Group LLC | 1,188,704 | 2,994,811 | +1,806,107 | 0.04 | 0.09 | +0.05 | buy |
| CIBC WORLD MARKET INC. | 2,767,793 | 2,855,473 | +87,680 | 0.30 | 0.27 | -0.03 | buy |
| BANK OF NOVA SCOTIA | 3,109,366 | 2,797,523 | -311,843 | 0.26 | 0.21 | -0.05 | sell |
| Douglass Winthrop Advisors, LLC | 2,507,584 | 2,571,468 | +63,884 | 2.17 | 2.00 | -0.17 | buy |
| BANK OF AMERICA CORP /DE/ | 2,436,588 | 2,479,233 | +42,645 | 0.01 | 0.01 | -0.00 | buy |
| MORGAN STANLEY | 1,376,920 | 2,375,435 | +998,515 | 0.00 | 0.01 | +0.00 | buy |
| MARKEL GROUP INC. | 2,193,953 | 2,193,953 | 0 | 0.91 | 0.82 | -0.09 | hold |
| COOKE & BIELER LP | 1,979,106 | 1,957,661 | -21,445 | 0.77 | 0.72 | -0.05 | sell |
| MONTRUSCO BOLTON INVESTMENTS INC. | 1,445,870 | 1,780,405 | +334,535 | 0.65 | 0.71 | +0.06 | buy |
| Madison Asset Management, LLC | 1,613,503 | 1,743,458 | +129,955 | 0.83 | 0.82 | -0.01 | buy |
| JPMORGAN CHASE & CO | 1,496,948 | 1,672,874 | +175,926 | 0.01 | 0.01 | -0.00 | buy |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 1,817,013 | 1,653,768 | -163,245 | 0.53 | 0.38 | -0.15 | sell |
| Burgundy Asset Management Ltd. | 1,602,578 | 1,562,926 | -39,652 | 0.69 | 0.63 | -0.07 | sell |
| Invesco Ltd. | 1,470,390 | 1,489,411 | +19,021 | 0.01 | 0.01 | -0.00 | buy |
| Corient Private Wealth LLC | 1,315,242 | 1,446,672 | +131,430 | 0.10 | 0.10 | -0.00 | buy |
| GEODE CAPITAL MANAGEMENT, LLC | 1,364,661 | 1,443,689 | +79,028 | 0.01 | 0.00 | -0.00 | buy |
| FIRST MANHATTAN CO. LLC. | 1,407,638 | 1,341,961 | -65,677 | 0.19 | 0.16 | -0.03 | sell |
| TD Waterhouse Canada Inc. | 1,204,263 | 1,219,013 | +14,750 | 0.50 | 0.41 | -0.09 | buy |
| Alberta Investment Management Corp | 1,160,315 | 1,191,315 | +31,000 | 0.49 | 0.48 | -0.01 | buy |
| Connor, Clark & Lunn Investment Management Ltd. | 772,612 | 1,180,912 | +408,300 | 0.14 | 0.19 | +0.05 | buy |
| DIMENSIONAL FUND ADVISORS LP | 0 | 1,108,018 | +1,108,018 | 0.00 | 0.01 | +0.01 | buy |
| SCOTIA CAPITAL INC. | 1,010,371 | 1,070,607 | +60,236 | 0.25 | 0.24 | -0.01 | buy |
| AGF MANAGEMENT LTD | 686,346 | 1,015,919 | +329,573 | 0.16 | 0.22 | +0.06 | buy |
| Federation des caisses Desjardins du Quebec | 475,961 | 1,000,531 | +524,570 | 0.19 | 0.21 | +0.01 | buy |
| CANADA PENSION PLAN INVESTMENT BOARD | 1,779,015 | 982,616 | -796,399 | 0.08 | 0.04 | -0.04 | sell |
| FENIMORE ASSET MANAGEMENT INC | 908,549 | 932,125 | +23,576 | 0.81 | 0.78 | -0.03 | buy |
| TORONTO DOMINION BANK | 778,838 | 888,456 | +109,618 | 0.05 | 0.05 | +0.00 | buy |
| BAMCO INC /NY/ | 732,019 | 836,903 | +104,884 | 0.08 | 0.09 | +0.01 | buy |
| NATIONAL BANK OF CANADA /FI/ | 801,163 | 823,931 | +22,768 | 0.05 | 0.05 | -0.01 | buy |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0 | 789,259 | +789,259 | 0.00 | 0.01 | +0.01 | buy |
| WELLS FARGO & COMPANY/MN | 687,042 | 726,400 | +39,358 | 0.01 | 0.01 | -0.00 | buy |
| CI INVESTMENTS INC. | 704,276 | 697,437 | -6,839 | 0.12 | 0.10 | -0.01 | sell |
| Bank of New York Mellon Corp | 633,202 | 638,570 | +5,368 | 0.01 | 0.00 | -0.00 | buy |
| Novo Holdings A/S | 627,207 | 627,207 | 0 | 1.82 | 1.29 | -0.53 | hold |
| 1832 Asset Management L.P. | 647,575 | 626,409 | -21,166 | 0.05 | 0.04 | -0.01 | sell |
| CORTLAND ASSOCIATES INC/MO | 574,437 | 579,379 | +4,942 | 3.12 | 2.79 | -0.34 | buy |
| SCHWARTZ INVESTMENT COUNSEL INC | 561,628 | 561,628 | 0 | 0.86 | 0.79 | -0.07 | hold |
| QV Investors Inc. | 562,162 | 556,857 | -5,305 | 2.05 | 1.99 | -0.06 | sell |
| Triasima Portfolio Management inc. | 591,518 | 555,528 | -35,990 | 2.09 | 1.93 | -0.15 | sell |
| Broad Run Investment Management, LLC | 549,731 | 539,662 | -10,069 | 2.84 | 2.81 | -0.03 | sell |
| Sather Financial Group Inc | 441,919 | 489,832 | +47,913 | 1.33 | 1.29 | -0.04 | buy |
| ENVESTNET ASSET MANAGEMENT INC | 494,142 | 486,115 | -8,027 | 0.01 | 0.01 | -0.00 | sell |
| LGT CAPITAL PARTNERS LTD. | 298,500 | 479,000 | +180,500 | 0.39 | 0.62 | +0.23 | buy |
| NORTHERN TRUST CORP | 261,860 | 465,669 | +203,809 | 0.00 | 0.00 | +0.00 | buy |
| Compagnie Lombard Odier SCmA | 489,150 | 465,350 | -23,800 | 0.36 | 0.30 | -0.06 | sell |
| America First Investment Advisors, LLC | 427,358 | 461,916 | +34,558 | 4.37 | 4.33 | -0.04 | buy |
| 2Xideas AG | 471,000 | 445,600 | -25,400 | 2.42 | 2.12 | -0.31 | sell |
| Marathon Asset Management Ltd | 506,729 | 428,610 | -78,119 | 0.57 | 0.51 | -0.06 | sell |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0 | 426,658 | +426,658 | 0.00 | 0.00 | +0.00 | buy |
| DEUTSCHE BANK AG\ | 384,570 | 420,580 | +36,010 | 0.01 | 0.01 | -0.00 | buy |
| MCDONALD CAPITAL INVESTORS INC/CA | 414,389 | 407,036 | -7,353 | 1.09 | 0.97 | -0.12 | sell |
| PORTLAND INVESTMENT COUNSEL INC. | 394,191 | 394,150 | -41 | 3.94 | 5.40 | +1.46 | sell |
| CIBC Private Wealth Group LLC | 395,977 | 390,003 | -5,974 | 0.03 | 0.03 | -0.00 | sell |
| BRUNI J V & CO /CO | 386,092 | 385,331 | -761 | 1.93 | 1.83 | -0.10 | sell |
| NATIXIS ADVISORS, LLC | 184,991 | 372,981 | +187,990 | 0.02 | 0.03 | +0.01 | buy |
| BESSEMER GROUP INC | 6,639 | 371,025 | +364,386 | 0.00 | 0.02 | +0.02 | buy |
| Motley Fool Wealth Management, LLC | 101,382 | 357,609 | +256,227 | 0.22 | 0.69 | +0.47 | buy |
| WELLINGTON MANAGEMENT GROUP LLP | 340,128 | 341,677 | +1,549 | 0.00 | 0.00 | -0.00 | buy |
| JANE STREET GROUP, LLC | 190,433 | 328,653 | +138,220 | 0.01 | 0.01 | +0.00 | buy |
| CANADA LIFE ASSURANCE Co | 424,636 | 311,235 | -113,401 | 0.04 | 0.02 | -0.01 | sell |
| RENAISSANCE TECHNOLOGIES LLC | 143,500 | 308,400 | +164,900 | 0.01 | 0.02 | +0.01 | buy |
| Addenda Capital Inc. | 315,486 | 301,956 | -13,530 | 0.68 | 0.62 | -0.07 | sell |
| Baskin Financial Services Inc. | 315,331 | 298,692 | -16,639 | 1.11 | 0.97 | -0.14 | sell |
| Korea Investment CORP | 119,572 | 291,958 | +172,386 | 0.01 | 0.03 | +0.02 | buy |
| UBS Group AG | 276,104 | 281,153 | +5,049 | 0.00 | 0.00 | -0.00 | buy |
| NICOLA WEALTH MANAGEMENT LTD. | 279,558 | 279,558 | 0 | 1.54 | 1.30 | -0.24 | hold |
| HORIZON KINETICS ASSET MANAGEMENT LLC | 370,592 | 270,292 | -100,300 | 0.29 | 0.18 | -0.11 | sell |
| Northwest & Ethical Investments L.P. | 259,311 | 269,120 | +9,809 | 0.31 | 0.29 | -0.02 | buy |
| Motley Fool Asset Management LLC | 55,470 | 268,179 | +212,709 | 0.15 | 0.67 | +0.52 | buy |
| Rockefeller Capital Management L.P. | 239,522 | 256,006 | +16,484 | 0.03 | 0.03 | -0.00 | buy |
| TOCQUEVILLE ASSET MANAGEMENT L.P. | 241,614 | 240,068 | -1,546 | 0.17 | 0.15 | -0.02 | sell |
| Amundi | 190,181 | 236,661 | +46,480 | 0.00 | 0.00 | +0.00 | buy |
| STIFEL FINANCIAL CORP | 258,993 | 232,204 | -26,789 | 0.01 | 0.01 | -0.00 | sell |
| Russell Investments Group, Ltd. | 140,125 | 216,918 | +76,793 | 0.01 | 0.01 | +0.00 | buy |
| State of Tennessee, Department of Treasury | 207,356 | 214,858 | +7,502 | 0.03 | 0.03 | -0.00 | buy |
| Capital International, Inc./CA/ | 181,308 | 213,713 | +32,405 | 0.10 | 0.11 | +0.01 | buy |
| FORSTA AP-FONDEN | 231,900 | 213,400 | -18,500 | 0.08 | 0.07 | -0.01 | sell |
| Bragg Financial Advisors, Inc | 0 | 200,683 | +200,683 | 0.00 | 0.34 | +0.34 | buy |
| Janney Montgomery Scott LLC | 194,158 | 198,073 | +3,915 | 0.02 | 0.02 | -0.00 | buy |
| MUFG SECURITIES (CANADA), LTD. | 180 | 196,507 | +196,327 | 0.00 | 0.49 | +0.49 | buy |
| Capital International Sarl | 184,556 | 194,946 | +10,390 | 0.26 | 0.23 | -0.03 | buy |
| Azimuth Capital Investment Management LLC | 191,815 | 193,805 | +1,990 | 0.33 | 0.30 | -0.03 | buy |