GUARDIAN CAPITAL LP
CIK 1224324 · View on SEC EDGAR ↗
- Portfolio value
- $3.9B
- Positions
- 174
- As of
- June 30, 2026
#966 of 9,443 by 13F value · top 10.2%
Portfolio value QoQ: +8.6% 13F does not disclose cash
- Top 10 holdings weight
- 38.70%
- Top 25 holdings weight
- 66.31%
- Positions above 1%
- 30
- Effective number of positions
- 40.1
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 5.54% Est. buys $322,846,036 · sells $206,049,149
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 82.1% still held
- New positions
- 6
- Increased
- 71
- Decreased
- 71
- Closed
- 7
Put-notional exposure: 0.1% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +21.2% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 98.3% · Options excluded: 0.1%
Sector breakdown
Financials
22.5%
Technology
18.1%
Energy
13.4%
Industrials
11.4%
Materials
7.2%
Financial Services
5.3%
Consumer Discretionary
5.3%
Healthcare
3.9%
Utilities
2.9%
Retail
2.8%
Communication Services
2.5%
Real Estate
0.8%
Telecommunication
0.8%
Consumer products
0.6%
Paper & Forest
0.0%
Other/Unmapped
2.6%
Full portfolio 174 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| RY Royal Bank Of Canada Common Stock | $329,039,382 | 8.50% | 1,589,569 | $55,157,280 | Down ×2 | ||
| CNQ Canadian Natural Resources Limited Common Stock | $153,577,824 | 3.97% | 3,882,547 | $-13,027,412 | Up ×4 | ||
| TD Toronto Dominion Bank (The) Common Stock | $150,450,694 | 3.88% | 1,237,833 | $29,264,301 | Down ×2 | ||
| BN Brookfield Corporation Class A Limited Voting Shares | $142,170,500 | 3.67% | 3,333,406 | $31,017,649 | Up ×5 | ||
| GIB CGI Inc. Common Stock | $141,631,329 | 3.66% | 2,191,987 | $38,648,082 | Up ×5 | ||
| AEM Agnico Eagle Mines Limited Common Stock | $135,856,852 | 3.51% | 874,691 | $-28,651,823 | Up ×1 | ||
| SU Suncor Energy Inc. Common Stock | $122,410,530 | 3.16% | 2,276,146 | $4,310,514 | Up ×1 | ||
| OTEX Open Text Corporation - Common Shares | $112,789,254 | 2.91% | 5,097,794 | $11,258,795 | Up ×2 | ||
| BMO Bank Of Montreal Common Stock | $108,647,578 | 2.81% | 614,927 | $16,746,602 | Down ×4 | ||
| BGSI Boyd Group Services Inc. Common Shares | $101,964,421 | 2.63% | 1,077,236 | $23,494,087 | Up ×2 | ||
| CP Canadian Pacific Kansas City Limited Common Shares | $101,395,481 | 2.62% | 1,169,932 | $6,395,320 | Down ×2 | ||
| CM Canadian Imperial Bank of Commerce Common Stock | $89,789,911 | 2.32% | 779,999 | $12,681,248 | Down ×4 | ||
| AAPL Apple Inc. - Common Stock | $87,892,521 | 2.27% | 303,748 | $15,220,770 | Up ×2 | ||
| ASML ASML Holding N.V. - New York Registry Shares | $80,401,228 | 2.08% | 40,414 | $30,047,226 | Up ×2 | ||
| Unknown issuer (CUSIP: 55293N109) | $78,649,743 | 2.03% | 1,906,121 | $-11,189,063 | Down ×1 | ||
| AVGO Broadcom Inc. - Common Stock | $76,850,216 | 1.98% | 203,442 | $18,336,422 | Up ×2 | ||
| QSR Restaurant Brands International Inc. Common Shares | $67,746,865 | 1.75% | 934,343 | $-3,891,055 | Down ×1 | ||
| GIL Gildan Activewear, Inc. Class A Sub. Vot. Common Stock | $67,611,171 | 1.75% | 1,311,862 | $1,050,033 | Up ×1 | ||
| MSFT Microsoft Corporation - Common Stock | $63,794,626 | 1.65% | 171,022 | $6,765,495 | Up ×2 | ||
| ENB Enbridge Inc Common Stock | $61,588,010 | 1.59% | 1,136,107 | $-4,223,902 | Down ×2 | ||
| SHOP Shopify Inc. - Class A Subordinate Voting Shares | $61,128,131 | 1.58% | 534,485 | $-829,187 | Up ×2 | ||
| WMB Williams Companies, Inc. (The) Common Stock | $60,603,380 | 1.56% | 815,219 | $4,980,974 | Up ×2 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $60,314,764 | 1.56% | 168,774 | $14,390,857 | Up ×5 | ||
| COST Costco Wholesale Corporation - Common Stock | $56,892,479 | 1.47% | 60,817 | $-1,860,023 | Up ×2 | ||
| MFC Manulife Financial Corporation Common Stock | $54,856,707 | 1.42% | 1,353,059 | $5,487,484 | Down ×2 | ||
| CNI Canadian National Railway Company Common Stock | $50,358,321 | 1.30% | 422,207 | $7,122,793 | Up ×5 | ||
| TTE TotalEnergies SE Ordinary Shares | $43,921,181 | 1.13% | 564,830 | $-6,221,263 | Up ×2 | ||
| BNS Bank Nova Scotia Halifax Pfd 3 Ordinary Shares | $41,919,615 | 1.08% | 483,249 | $7,827,404 | Down ×2 | ||
| FTS Fortis Inc. Common Shares | $41,744,145 | 1.08% | 728,917 | $319,686 | Down ×1 | ||
| SLF Sun Life Financial Inc. Common Stock | $40,908,832 | 1.06% | 521,234 | $11,544,862 | Up ×5 | ||
| WPM Wheaton Precious Metals Corp Common Shares (Canada) | $37,905,130 | 0.98% | 337,081 | $-6,525,465 | Down ×1 | ||
| JNJ Johnson & Johnson Common Stock | $36,475,679 | 0.94% | 143,622 | $1,167,299 | Down ×1 | ||
| MCD McDonald's Corporation Common Stock | $35,551,442 | 0.92% | 131,521 | $-4,407,761 | Up ×5 | ||
| AZN AstraZeneca PLC - American Depositary Shares | $33,597,820 | 0.87% | 177,185 | $20,721 | Up ×1 | ||
| B Barrick Mining Corporation Common Shares | $32,297,308 | 0.83% | 878,654 | $-1,608,642 | Up ×1 | ||
| EQIX Equinix, Inc. - Common Stock | $31,548,976 | 0.81% | 30,266 | $3,658,207 | Up ×2 | ||
| TECK Teck Resources Ltd Ordinary Shares | $30,798,581 | 0.80% | 517,290 | $-12,087,814 | Down ×3 | ||
| MA Mastercard Incorporated Common Stock | $28,574,136 | 0.74% | 55,635 | $641,643 | Down ×3 | ||
| SHEL Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) | $27,754,823 | 0.72% | 357,942 | $-3,592,408 | Up ×2 | ||
| RSG Republic Services, Inc. Common Stock | $27,141,491 | 0.70% | 127,377 | $638,100 | Up ×2 | ||
| TJX TJX Companies, Inc. (The) Common Stock | $26,859,738 | 0.69% | 177,292 | $71,021 | Up ×2 | ||
| NVDA NVIDIA Corporation - Common Stock | $26,176,974 | 0.68% | 130,826 | $18,487,329 | Up ×3 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $25,910,213 | 0.67% | 45,998 | $802,860 | Up ×2 | ||
| RCI Rogers Communication, Inc. Common Stock | $25,696,183 | 0.66% | 790,127 | $-2,588,988 | Up ×5 | ||
| BIP Brookfield Infrastructure Partners LP Limited Partnership Units | $25,549,531 | 0.66% | 699,776 | $186,796 | Down ×1 | ||
| STN Stantec Inc Common Stock | $25,266,487 | 0.65% | 366,195 | $-6,306,686 | Down ×1 | ||
| PH Parker-Hannifin Corporation Common Stock | $23,620,620 | 0.61% | 24,149 | $8,810,665 | Up ×2 | ||
| NTR Nutrien Ltd. Common Shares | $23,564,016 | 0.61% | 374,750 | $1,850,562 | Up ×1 | ||
| BAM Brookfield Asset Management Inc Class A Limited Voting Shares | $23,001,458 | 0.59% | 512,297 | $7,106,467 | Up ×3 | ||
| ABBV AbbVie Inc. Common Stock | $22,882,128 | 0.59% | 90,932 | $4,667,123 | Up ×2 | ||
| HIG The Hartford Insurance Group, Inc. Common Stock | $22,822,992 | 0.59% | 172,223 | $802,815 | Up ×2 | ||
| WM Waste Management, Inc. Common Stock | $22,267,495 | 0.57% | 99,908 | $490,756 | Up ×2 | ||
| PBA Pembina Pipeline Corp. Ordinary Shares (Canada) | $20,207,537 | 0.52% | 436,901 | $290,766 | Down ×3 | ||
| APH Amphenol Corporation Common Stock | $19,636,935 | 0.51% | 111,371 | $6,424,515 | Up ×4 | ||
| GWW W.W. Grainger, Inc. Common Stock | $19,066,006 | 0.49% | 14,015 | $6,394,066 | Up ×2 | ||
| TRP TC Energy Corporation Common Stock | $18,545,617 | 0.48% | 280,149 | $920,444 | Down ×5 | ||
| HD Home Depot, Inc. (The) Common Stock | $17,743,331 | 0.46% | 50,310 | $1,781,313 | Up ×2 | ||
| LLY Eli Lilly and Company Common Stock | $17,385,738 | 0.45% | 14,495 | $4,887,903 | Up ×2 | ||
| IBN ICICI Bank Limited Common Stock | $15,968,445 | 0.41% | 550,067 | $2,362,553 | Up ×4 | ||
| DRI Darden Restaurants, Inc. Common Stock | $14,886,077 | 0.38% | 72,259 | $1,472,236 | Up ×2 | ||
| ORCL Oracle Corporation Common Stock | $14,417,442 | 0.37% | 98,379 | $890,677 | Up ×2 | ||
| WEC WEC Energy Group, Inc. Common Stock | $13,756,674 | 0.36% | 117,810 | $1,162,171 | Up ×2 | ||
| VST Vistra Corp. Common Stock | $12,826,346 | 0.33% | 80,857 | $3,951,013 | Up ×3 | ||
| BIPC Brookfield Infrastructure Corporation Brookfield Infrastructure Corporation | $11,590,888 | 0.30% | 300,687 | $-256,446 | Down ×2 | ||
| WCN Waste Connections, Inc. Common Shares | $11,394,040 | 0.29% | 68,384 | $10,567,084 | Up ×2 | ||
| HBM Hudbay Minerals Inc. Ordinary Shares (Canada) | $10,672,226 | 0.28% | 452,109 | $1,200,632 | Down ×2 | ||
| AMGN Amgen Inc. - Common Stock | $9,696,125 | 0.25% | 26,776 | $779,542 | Up ×2 | ||
| UL Unilever PLC American Depositary Shares (each representing One Ordinary Share) | $9,137,098 | 0.24% | 151,981 | $873,827 | Up ×2 | ||
| DSGX The Descartes Systems Group Inc. - Common Stock | $8,818,025 | 0.23% | 127,360 | $-4,810,282 | Down ×1 | ||
| PG Procter & Gamble Company (The) Common Stock | $8,615,833 | 0.22% | 58,755 | $570,381 | Up ×1 | ||
| UNH UnitedHealth Group Incorporated Common Stock (DE) | $8,306,366 | 0.21% | 19,985 | $3,078,026 | Up ×1 | ||
| APD Air Products and Chemicals, Inc. Common Stock | $8,097,045 | 0.21% | 27,618 | $495,793 | Up ×2 | ||
| ITW Illinois Tool Works Inc. Common Stock | $7,665,661 | 0.20% | 28,342 | $666,463 | Up ×2 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $6,920,321 | 0.18% | 19,586 | $1,309,913 | Up ×2 | ||
| AMZN Amazon.com, Inc. - Common Stock | $6,170,146 | 0.16% | 25,888 | $600,798 | Down ×1 | ||
| CVE Cenovus Energy Inc Common Stock | $5,942,885 | 0.15% | 239,597 | $-395,748 | |||
| OSK Oshkosh Corporation (Holding Company)Common Stock | $5,713,600 | 0.15% | 37,227 | $233,413 | |||
| JPM JP Morgan Chase & Co. Common Stock | $5,703,071 | 0.15% | 17,423 | $624,693 | Up ×4 | ||
| SNY Sanofi - American Depositary Shares | $5,647,245 | 0.15% | 132,378 | $-388,601 | Up ×2 | ||
| TSAT Telesat Corporation - Class A Common Shares and Class B Variable Voting Shares | $5,426,323 | 0.14% | 107,029 | Up ×1 | |||
| CME CME Group Inc. - Class A Common Stock | $5,123,256 | 0.13% | 23,200 | $-2,910,264 | Down ×3 | ||
| BKNG Booking Holdings Inc. - Common Stock | $5,094,099 | 0.13% | 28,580 | $-46,702 | Up ×1 | ||
| AMAT Applied Materials, Inc. - Common Stock | $4,428,375 | 0.11% | 6,125 | $1,446,257 | Down ×3 | ||
| YUMC Yum China Holdings, Inc. Common Stock | $4,172,827 | 0.11% | 102,100 | $-1,905,893 | Down ×3 | ||
| VRT Vertiv Holdings, LLC Class A Common Stock | $4,113,599 | 0.11% | 12,286 | $958,546 | Down ×1 | ||
| GBX Greenbrier Companies, Inc. (The) Common Stock | $3,888,404 | 0.10% | 79,339 | $1,817,206 | Up ×1 | ||
| SAN Banco Santander, S.A. Sponsored ADR (Spain) | $3,767,883 | 0.10% | 273,035 | $669,989 | Down ×1 | ||
| ILMN Illumina, Inc. - Common Stock | $3,762,762 | 0.10% | 21,400 | $533,350 | Down ×3 | ||
| CL Colgate-Palmolive Company Common Stock | $3,648,864 | 0.09% | 39,800 | $-348,423 | Down ×3 | ||
| HSIC Henry Schein, Inc. - Common Stock | $3,550,435 | 0.09% | 42,510 | $493,654 | Up ×1 | ||
| EQX | $3,477,732 | 0.09% | 357,019 | $-1,661,803 | |||
| TXN Texas Instruments Incorporated - Common Stock | $3,414,392 | 0.09% | 11,455 | $-268,638 | Down ×2 | ||
| DUK Duke Energy Corporation (Holding Company) Common Stock | $3,413,356 | 0.09% | 26,966 | $-641,332 | Down ×1 | ||
| MGA Magna International, Inc. Common Stock | $3,151,613 | 0.08% | 47,945 | $170,773 | Down ×2 | ||
| EMR Emerson Electric Company Common Stock | $3,040,077 | 0.08% | 21,237 | $-580,923 | Down ×3 | ||
| ISRG Intuitive Surgical, Inc. - Common Stock | $2,992,542 | 0.08% | 7,525 | $-561,691 | Down ×1 | ||
| ALC Alcon Inc. Ordinary Shares | $2,978,243 | 0.08% | 44,000 | $699,993 | Up ×1 | ||
| PANW Palo Alto Networks, Inc. - Common Stock | $2,937,205 | 0.08% | 8,613 | $1,435,007 | Down ×1 | ||
| HYG | $2,918,905 | 0.08% | 36,500 | $14,965 | |||
| TFII TFI International Inc. Common Shares | $2,843,926 | 0.07% | 19,764 | $516,992 | Down ×2 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| CNQ | $153,577,824 | 3.97% | up ×4 |
| BN | $142,170,500 | 3.67% | up ×5 |
| GIB | $141,631,329 | 3.66% | up ×5 |
| GOOGL | $60,314,764 | 1.56% | up ×5 |
| CNI | $50,358,321 | 1.30% | up ×5 |
| SLF | $40,908,832 | 1.06% | up ×5 |
| MCD | $35,551,442 | 0.92% | up ×5 |
| NVDA | $26,176,974 | 0.68% | up ×3 |
| RCI | $25,696,183 | 0.66% | up ×5 |
| BAM | $23,001,458 | 0.59% | up ×3 |
| APH | $19,636,935 | 0.51% | up ×4 |
| IBN | $15,968,445 | 0.41% | up ×4 |
| VST | $12,826,346 | 0.33% | up ×3 |
| JPM | $5,703,071 | 0.15% | up ×4 |
| PHO | $1,651,012 | 0.04% | up ×3 |
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| RY | Trimmed | -110K | +$55.2M |
| GIB | Bought more | +779K | +$38.6M |
| BN | Bought more | +582K | +$31.0M |
| ASML | Bought more | +2K | +$30.0M |
| TD | Trimmed | -64K | +$29.3M |
| AEM | Bought more | +62K | -$28.7M |
| BGSI | Bought more | +461K | +$23.5M |
| NVDA | Bought more | +87K | +$18.5M |
| AVGO | Bought more | +14K | +$18.3M |
| BMO | Trimmed | -66K | +$16.7M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| BEPC | Dec. 31, 2025 | 613,814 | $21,135,424 | -11.0% |
| GRTUF | June 30, 2026 | 268,462 | $15,735,869 | No longer tracked |
| MSI | June 30, 2026 | 26,082 | $11,318,806 | 16.3% |
| ULXXXX | Dec. 31, 2025 | 165,353 | $9,802,126 | No longer tracked |
| GOLD | June 30, 2025 | 420,680 | $8,166,614 | 102.5% |
| KVUE | Dec. 31, 2025 | 469,900 | $7,626,477 | 10.8% |
| EOG | Dec. 31, 2025 | 57,850 | $6,486,142 | 45.7% |
| WAT | March 31, 2026 | 10,900 | $4,140,147 | 39.3% |
| CCJ | March 31, 2026 | 36,892 | $3,379,683 | -12.3% |
| EWJV | June 30, 2025 | 77,038 | $2,563,054 | |
| ARM | March 31, 2026 | 19,906 | $2,175,925 | 63.3% |
| IWTR | Sept. 30, 2025 | 58,200 | $1,967,160 | No longer tracked |
| SNPS | March 31, 2025 | 3,323 | $1,612,851 | -7.4% |
| NVO | Dec. 31, 2025 | 19,213 | $1,066,129 | -8.6% |
| A | March 31, 2025 | 6,235 | $837,610 | 33.2% |
| CRH | June 30, 2026 | 7,408 | $778,729 | -12.8% |
| FISV | Dec. 31, 2025 | 3,486 | $449,450 | -23.5% |
| TRI | June 30, 2026 | 2,941 | $264,670 | 30.7% |
| BYD | Dec. 31, 2025 | 2,898 | $250,532 | -3.8% |
| PEP | June 30, 2026 | 1,595 | $247,688 | 5.0% |
| BCE | June 30, 2026 | 9,039 | $227,343 | 10.6% |
| T | Dec. 31, 2025 | 7,612 | $214,963 | 1.6% |
| CNR | Dec. 31, 2025 | 2,471 | $206,279 | 5.2% |
| PTEN | June 30, 2026 | 13,922 | $150,775 | 33.1% |
| GTM | Sept. 30, 2025 | 12,378 | $125,265 | -65.2% |
| VLY | Sept. 30, 2025 | 13,760 | $122,877 | 35.6% |
| AMBP | March 31, 2026 | 19,983 | $81,930 | 26.2% |
| RES | Dec. 31, 2025 | 13,589 | $64,684 | 18.0% |
| PTEN | Dec. 31, 2025 | 11,605 | $60,114 | 100.0% |
| PLTK | March 31, 2026 | 14,794 | $58,436 | -14.4% |
| OPTU | Dec. 31, 2025 | 21,408 | $51,593 | -47.9% |
| ALIT | March 31, 2026 | 11,594 | $22,608 | 2193.3% |
| KOS | Dec. 31, 2025 | 12,164 | $20,192 | 219.2% |