Q4 2025 · 13F-HR
GUARDIAN CAPITAL LPholdings as filed
Filed 2026-02-18 · accession 0001062993-26-001013
$3.37B
Reported value
178
Positions
2025-12-31
Period end
The Brief · GUARDIAN CAPITAL LP · Q4 2025
AI · grounded in 13F
GUARDIAN CAPITAL LP established a new position in BGSI valued at $71.4M. The fund also increased its holdings in GIL by 277.2% and TD by 66.3%. On the sell side, the fund closed its positions in TTEN and BEPC, reducing its exposure by $22.9M and $21.1M respectively.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 780087102 | RY | ROYAL BK CDA | $301.4M | 8.94% | 1,767,408 | Common | SOLE |
| 008474108 | AEM | AGNICO EAGLE MINES LTD | $173.8M | 5.15% | 1,024,503 | Common | SOLE |
| 891160509 | TD | TORONTO DOMINION BK ONT | $124.5M | 3.69% | 1,319,972 | Common | SOLE |
| 11271J107 | BN | BROOKFIELD CORP | $121.4M | 3.60% | 2,642,075 | Common | SOLE |
| 683715106 | OTEX | OPEN TEXT CORP | $121.1M | 3.59% | 3,715,835 | Common | SOLE |
| 12532H104 | GIB | CGI INC | $119.5M | 3.54% | 1,292,690 | Common | SOLE |
| 136385101 | CNQ | CANADIAN NAT RES LTD | $112.2M | 3.33% | 3,310,091 | Common | SOLE |
| 13646K108 | CP | CANADIAN PACIFIC KANSAS CITY | $90.6M | 2.69% | 1,230,640 | Common | SOLE |
| 063671101 | BMO | BANK MONTREAL QUE | $88.4M | 2.62% | 680,733 | Common | SOLE |
| 867224107 | SU | SUNCOR ENERGY INC NEW | $88.3M | 2.62% | 1,989,193 | Common | SOLE |
| 136069101 | CM | CANADIAN IMPERIAL BANK OF CO | $85.3M | 2.53% | 940,253 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $77.2M | 2.29% | 283,872 | Common | SOLE |
| 375916103 | GIL | GILDAN ACTIVEWEAR INC | $76.4M | 2.26% | 1,221,049 | Common | SOLE |
| 103310108 | BGSI | BOYD GROUP SERVICES INC | $71.4M | 2.12% | 448,067 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $70.9M | 2.10% | 146,530 | Common | SOLE |
| 29250N105 | ENB | ENBRIDGE INC | $64.3M | 1.91% | 1,342,206 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $63.5M | 1.88% | 183,521 | Common | SOLE |
| 76131D103 | QSR | RESTAURANT BRANDS INTL INC | $60.2M | 1.79% | 881,913 | Common | SOLE |
| 56501R106 | MFC | MANULIFE FINL CORP | $55.2M | 1.64% | 1,516,983 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $50.4M | 1.50% | 161,081 | Common | SOLE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $48.3M | 1.43% | 56,015 | Common | SOLE |
| 969457100 | WMB | WILLIAMS COS INC | $44.4M | 1.32% | 738,403 | Common | SOLE |
| 878742204 | TECK | TECK RESOURCES LTD | $43.2M | 1.28% | 900,873 | Common | SOLE |
| 136375102 | CNI | CANADIAN NATL RY CO | $39.5M | 1.17% | 399,231 | Common | SOLE |
| N07059210 | ASML | ASML HOLDING N V | $39.3M | 1.17% | 36,767 | Common | SOLE |
| 06849F108 | B | BARRICK MNG CORP | $39.1M | 1.16% | 897,066 | Common | SOLE |
| 962879102 | WPM | WHEATON PRECIOUS METALS CORP | $39.1M | 1.16% | 332,289 | Common | SOLE |
| 349553107 | FTS | FORTIS INC | $38.4M | 1.14% | 737,570 | Common | SOLE |
| 580135101 | MCD | MCDONALDS CORP | $37.8M | 1.12% | 123,635 | Common | SOLE |
| 064149107 | BNS | BANK NOVA SCOTIA HALIFAX | $36.7M | 1.09% | 496,719 | Common | SOLE |
| F92124100 | TTE | TOTALENERGIES SE | $35.2M | 1.05% | 538,757 | Common | SOLE |
| 87971M103 | TU | TELUS CORPORATION | $35.2M | 1.04% | 2,671,700 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $33.0M | 0.98% | 57,830 | Common | SOLE |
| 67077M108 | NTR | NUTRIEN LTD | $32.5M | 0.96% | 526,741 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $29.6M | 0.88% | 142,938 | Common | SOLE |
| 866796105 | SLF | SUN LIFE FINANCIAL INC. | $29.2M | 0.87% | 467,976 | Common | SOLE |
| 85472N109 | STN | STANTEC INC | $27.8M | 0.82% | 294,684 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $26.0M | 0.77% | 39,349 | Common | SOLE |
| 760759100 | RSG | REPUBLIC SVCS INC | $25.0M | 0.74% | 117,768 | Common | SOLE |
| 780259305 | SHEL | SHELL PLC | $23.9M | 0.71% | 325,130 | Common | SOLE |
| 775109200 | RCI | ROGERS COMMUNICATIONS INC | $23.7M | 0.70% | 627,572 | Common | SOLE |
| 872540109 | TJX | TJX COS INC NEW | $22.7M | 0.67% | 147,759 | Common | SOLE |
| 416515104 | HIG | HARTFORD INSURANCE GROUP INC | $21.6M | 0.64% | 157,070 | Common | SOLE |
| G16252101 | BIP | BROOKFIELD INFRAST PARTNERS | $21.3M | 0.63% | 611,953 | Common | SOLE |
| 29444U700 | EQIX | EQUINIX INC | $21.2M | 0.63% | 27,690 | Common | SOLE |
| 94106L109 | WM | WASTE MGMT INC DEL | $20.1M | 0.60% | 91,428 | Common | SOLE |
| 00287Y109 | ABBV | ABBVIE INC | $18.2M | 0.54% | 79,700 | Common | SOLE |
| 68389X105 | ORCL | ORACLE CORP | $17.4M | 0.51% | 89,026 | Common | SOLE |
| 706327103 | PBA | PEMBINA PIPELINE CORP | $17.0M | 0.51% | 446,491 | Common | SOLE |
| 437076102 | HD | HOME DEPOT INC | $16.5M | 0.49% | 48,088 | Common | SOLE |
| 387437205 | GRTUF | GRANITE REAL ESTATE INVT TR | $16.1M | 0.48% | 269,961 | Common | SOLE |
| 87807B107 | TRP | TC ENERGY CORP | $15.6M | 0.46% | 283,494 | Common | SOLE |
| 45104G104 | IBN | ICICI BANK LIMITED | $14.3M | 0.42% | 478,281 | Common | SOLE |
| 11276H106 | BIPC | BROOKFIELD INFRASTRUCTURE CO | $13.8M | 0.41% | 303,852 | Common | SOLE |
| 701094104 | PH | PARKER-HANNIFIN CORP | $13.8M | 0.41% | 15,686 | Common | SOLE |
| 249906108 | DSGX | DESCARTES SYS GROUP INC | $13.2M | 0.39% | 150,501 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $12.5M | 0.37% | 11,615 | Common | SOLE |
| 237194105 | DRI | DARDEN RESTAURANTS INC | $12.2M | 0.36% | 66,528 | Common | SOLE |
| 443628102 | HBM | HUDBAY MINERALS INC | $12.0M | 0.35% | 601,889 | Common | SOLE |
| 384802104 | GWW | WW GRAINGER INC | $11.2M | 0.33% | 11,138 | Common | SOLE |
| 12572Q105 | CME | CME GROUP INC | $10.7M | 0.32% | 39,100 | Common | SOLE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $10.5M | 0.31% | 73,091 | Common | SOLE |
| 92939U106 | WEC | WEC ENERGY GROUP INC | $10.2M | 0.30% | 97,018 | Common | SOLE |
| 620076307 | MSI | MOTOROLA SOLUTIONS INC | $9.7M | 0.29% | 25,414 | Common | SOLE |
| 904767803 | UL | UNILEVER PLC | $9.2M | 0.27% | 140,642 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $8.8M | 0.26% | 47,025 | Common | SOLE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $8.3M | 0.25% | 1,551 | Common | SOLE |
| 031162100 | AMGN | AMGEN INC | $8.1M | 0.24% | 24,777 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $7.4M | 0.22% | 22,422 | Common | SOLE |
| 98850P109 | YUMC | YUM CHINA HLDGS INC | $7.3M | 0.22% | 153,900 | Common | SOLE |
| 82509L107 | SHOP | SHOPIFY INC | $7.2M | 0.21% | 44,590 | Common | SOLE |
| 654106103 | NKE | NIKE INC | $6.7M | 0.20% | 104,761 | Common | SOLE |
| 452308109 | ITW | ILLINOIS TOOL WKS INC | $6.6M | 0.19% | 26,689 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $6.5M | 0.19% | 28,361 | Common | SOLE |
| 009158106 | APD | AIR PRODS & CHEMS INC | $6.4M | 0.19% | 25,922 | Common | SOLE |
| 046353108 | AZNN | ASTRAZENECA PLC | $6.0M | 0.18% | 65,473 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $6.0M | 0.18% | 19,177 | Common | SOLE |
| 80105N105 | SNY | SANOFI SA | $5.8M | 0.17% | 120,355 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $5.5M | 0.16% | 16,980 | Common | SOLE |
| 29446Y502 | EQX | EQUINOX GOLD CORP | $5.0M | 0.15% | 357,019 | Common | SOLE |
| 194162103 | CL | COLGATE PALMOLIVE CO | $4.9M | 0.14% | 61,500 | Common | SOLE |
| 688239201 | OSK | OSHKOSH CORP | $4.7M | 0.14% | 37,227 | Common | SOLE |
| 452327109 | ILMN | ILLUMINA INC | $4.3M | 0.13% | 33,000 | Common | SOLE |
| 57060D108 | MKTX | MARKETAXESS HLDGS INC | $4.3M | 0.13% | 23,700 | Common | SOLE |
| 92345Y106 | VRSK | VERISK ANALYTICS INC | $4.2M | 0.13% | 18,920 | Common | SOLE |
| 941848103 | WAT | WATERS CORP | $4.1M | 0.12% | 10,900 | Common | SOLE |
| 46120E602 | ISRG | INTUITIVE SURGICAL INC | $4.1M | 0.12% | 7,260 | Common | SOLE |
| 15135U109 | CVE | CENOVUS ENERGY INC | $4.1M | 0.12% | 239,597 | Common | SOLE |
| 291011104 | EMR | EMERSON ELEC CO | $3.9M | 0.12% | 29,286 | Common | SOLE |
| 559222401 | MGA | MAGNA INTL INC | $3.8M | 0.11% | 71,945 | Common | SOLE |
| 038222105 | AMAT | APPLIED MATLS INC | $3.8M | 0.11% | 14,850 | Common | SOLE |
| 453038408 | IMO | IMPERIAL OIL LTD | $3.8M | 0.11% | 44,063 | Common | SOLE |
| 75513E101 | RTX | RTX CORPORATION | $3.8M | 0.11% | 20,630 | Common | SOLE |
| 254687106 | DIS | DISNEY WALT CO | $3.8M | 0.11% | 33,226 | Common | SOLE |
| 87241L109 | TFII | TFI INTL INC | $3.7M | 0.11% | 35,746 | Common | SOLE |
| G1151C101 | ACN | ACCENTURE PLC IRELAND | $3.6M | 0.11% | 13,600 | Common | SOLE |
| 461202103 | INTU | INTUIT | $3.6M | 0.11% | 5,463 | Common | SOLE |
| 13321L108 | CCJ | CAMECO CORP | $3.5M | 0.11% | 38,672 | Common | SOLE |
| 26441C204 | DUK | DUKE ENERGY CORP NEW | $3.3M | 0.10% | 28,566 | Common | SOLE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $3.3M | 0.10% | 8,988 | Common | SOLE |
| 882508104 | TXN | TEXAS INSTRS INC | $3.3M | 0.10% | 19,155 | Common | SOLE |
| 235851102 | DHR | DANAHER CORPORATION | $3.2M | 0.09% | 13,852 | Common | SOLE |
| 001055102 | AFL | AFLAC INC | $3.2M | 0.09% | 28,716 | Common | SOLE |
| 776696106 | ROP | ROPER TECHNOLOGIES INC | $3.2M | 0.09% | 7,105 | Common | SOLE |
| 806407102 | HSIC | HENRY SCHEIN INC | $3.1M | 0.09% | 41,476 | Common | SOLE |
| 053015103 | ADP | AUTOMATIC DATA PROCESSING IN | $3.1M | 0.09% | 12,014 | Common | SOLE |
| 00724F101 | ADBE | ADOBE INC | $3.1M | 0.09% | 8,757 | Common | SOLE |
| H01301128 | ALC | ALCON AG | $3.0M | 0.09% | 38,200 | Common | SOLE |
| 166764100 | CVX | CHEVRON CORP NEW | $2.8M | 0.08% | 18,454 | Common | SOLE |
| 05964H105 | SAN | BANCO SANTANDER SA | $2.7M | 0.08% | 228,126 | Common | SOLE |
| 032095101 | APH | AMPHENOL CORP NEW | $2.6M | 0.08% | 19,547 | Common | SOLE |
| 81762P102 | NOW | SERVICENOW INC | $2.6M | 0.08% | 16,783 | Common | SOLE |
| 464288513 | HYG | ISHARES TR | $2.4M | 0.07% | 29,500 | Common | SOLE |
| 464288711 | JXI | ISHARES TR | $2.2M | 0.07% | 28,600 | Common | SOLE |
| 855244109 | SBUX | STARBUCKS CORP | $2.2M | 0.07% | 26,644 | Common | SOLE |
| 042068205 | ARM | ARM HOLDINGS PLC | $2.2M | 0.06% | 19,906 | Common | SOLE |
| 92826C839 | V | VISA INC | $2.1M | 0.06% | 6,083 | Common | SOLE |
| 113004105 | BAM | BROOKFIELD ASSET MANAGMT LTD | $2.1M | 0.06% | 40,701 | Common | SOLE |
| 127387108 | CDNS | CADENCE DESIGN SYSTEM INC | $2.0M | 0.06% | 6,518 | Common | SOLE |
| 92537N108 | VRT | VERTIV HOLDINGS CO | $2.0M | 0.06% | 12,301 | Common | SOLE |
| 69608A108 | PLTR | PALANTIR TECHNOLOGIES INC | $1.9M | 0.06% | 10,568 | Common | SOLE |
| 697435105 | PANW | PALO ALTO NETWORKS INC | $1.8M | 0.05% | 9,904 | Common | SOLE |
| 464288224 | ICLN | ISHARES TR | $1.8M | 0.05% | 106,700 | Common | SOLE |
| 46438G737 | IBAT | ISHARES TR | $1.7M | 0.05% | 57,700 | Common | SOLE |
| 46137V142 | PHO | INVESCO EXCHANGE TRADED FD T | $1.6M | 0.05% | 22,900 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $1.6M | 0.05% | 3,155 | Common | SOLE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC | $1.4M | 0.04% | 2,432 | Common | SOLE |
| 92840M102 | VST | VISTRA CORP | $1.3M | 0.04% | 8,121 | Common | SOLE |
| 00217Y104 | ATS | ATS CORPORATION | $1.3M | 0.04% | 47,063 | Common | SOLE |
| 053332102 | AZO | AUTOZONE INC | $1.3M | 0.04% | 382 | Common | SOLE |
| 456837103 | ING | ING GROEP N.V. | $1.3M | 0.04% | 44,883 | Common | SOLE |
| 615369105 | MCO | MOODYS CORP | $1.2M | 0.04% | 2,442 | Common | SOLE |
| 952845105 | WFG | WEST FRASER TIMBER CO LTD | $1.1M | 0.03% | 17,980 | Common | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $1.1M | 0.03% | 11,453 | Common | SOLE |
| 824348106 | SHW | SHERWIN WILLIAMS CO | $1.0M | 0.03% | 3,220 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $956,342 | 0.03% | 7,663 | Common | SOLE |
| 98956P102 | ZBH | ZIMMER BIOMET HOLDINGS INC | $942,721 | 0.03% | 10,484 | Common | SOLE |
| 243537107 | DECK | DECKERS OUTDOOR CORP | $892,391 | 0.03% | 8,608 | Common | SOLE |
| H1467J104 | CB | CHUBB LIMITED | $856,769 | 0.03% | 2,745 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $806,220 | 0.02% | 2,653 | Common | SOLE |
| 94106B101 | WCN | WASTE CONNECTIONS INC | $768,711 | 0.02% | 4,381 | Common | SOLE |
| 60687Y109 | MFG | MIZUHO FINANCIAL GROUP INC | $638,406 | 0.02% | 87,214 | Common | SOLE |
| 929740108 | WAB | WABTEC | $635,654 | 0.02% | 2,978 | Common | SOLE |
| 46436E619 | EUSB | ISHARES TR | $591,864 | 0.02% | 13,500 | Common | SOLE |
| 606822104 | MUFG | MITSUBISHI UFJ FINL GROUP IN | $533,292 | 0.02% | 33,625 | Common | SOLE |
| 609839105 | MPWR | MONOLITHIC PWR SYS INC | $526,595 | 0.02% | 581 | Common | SOLE |
| 031100100 | AME | AMETEK INC | $513,686 | 0.02% | 2,502 | Common | SOLE |
| 015857105 | AQN | ALGONQUIN PWR UTILS CORP | $469,408 | 0.01% | 76,301 | Common | SOLE |
| 636274409 | NGG | NATIONAL GRID PLC | $449,558 | 0.01% | 5,812 | Common | SOLE |
| 290876101 | EMA | EMERA INC | $407,250 | 0.01% | 8,260 | Common | SOLE |
| 713448108 | PEP | PEPSICO INC | $342,295 | 0.01% | 2,385 | Common | SOLE |
| G16258108 | BEP | BROOKFIELD RENEWABLE PARTNER | $312,720 | 0.01% | 11,567 | Common | SOLE |
| 884903808 | TRI4EUR | THOMSON REUTERS CORP | $300,629 | 0.01% | 2,277 | Common | SOLE |
| 512807306 | LRCX | LAM RESEARCH CORP | $283,987 | 0.01% | 1,659 | Common | SOLE |
| 194693107 | CIGI | COLLIERS INTL GROUP INC | $263,663 | 0.01% | 1,793 | Common | SOLE |
| 931142103 | WMT | WALMART INC | $232,847 | 0.01% | 2,090 | Common | SOLE |
| 05534B760 | BCE | BCE INC | $215,713 | 0.01% | 9,039 | Common | SOLE |
| 594918954 | MSFT | MICROSOFT CORP | $173,134 | 0.01% | 3,700 | PUT | SOLE |
| 12572Q955 | CME | CME GROUP INC | $115,220 | 0.00% | 11,600 | PUT | SOLE |
| 98850P959 | YUMC | YUM CHINA HLDGS INC | $115,178 | 0.00% | 44,100 | PUT | SOLE |
| 654106953 | NKE | NIKE INC | $110,797 | 0.00% | 19,100 | PUT | SOLE |
| 053015953 | ADP | AUTOMATIC DATA PROCESSING IN | $109,985 | 0.00% | 3,500 | PUT | SOLE |
| 92345Y956 | VRSK | VERISK ANALYTICS INC | $99,518 | 0.00% | 3,100 | PUT | SOLE |
| 194162953 | CL | COLGATE PALMOLIVE CO | $97,912 | 0.00% | 18,300 | PUT | SOLE |
| 09857L958 | BKNG | BOOKING HOLDINGS INC | $88,745 | 0.00% | 400 | PUT | SOLE |
| 57060D958 | MKTX | MARKETAXESS HLDGS INC | $82,355 | 0.00% | 6,900 | PUT | SOLE |
| L02235106 | AMBP | ARDAGH METAL PACKAGING S A | $81,930 | 0.00% | 19,983 | Common | SOLE |
| 91324P952 | UNH | UNITEDHEALTH GROUP INC | $78,598 | 0.00% | 4,500 | PUT | SOLE |
| 00724F951 | ADBE | ADOBE INC | $75,209 | 0.00% | 2,500 | PUT | SOLE |
| 72815L107 | PLTK | PLAYTIKA HLDG CORP | $58,436 | 0.00% | 14,794 | Common | SOLE |
| 037833950 | AAPL | APPLE INC | $41,666 | 0.00% | 1,900 | PUT | SOLE |
| 57636Q954 | — | MASTERCARD INCORPORATED | $37,066 | 0.00% | 3,600 | PUT | SOLE |
| G1151C951 | — | ACCENTURE PLC IRELAND | $32,555 | 0.00% | 4,100 | PUT | SOLE |
| 01626W101 | ALIT | ALIGHT INC | $22,608 | 0.00% | 11,594 | Common | SOLE |
| 437076952 | HD | HOME DEPOT INC | $22,376 | 0.00% | 500 | PUT | SOLE |
| 452327959 | ILMN | ILLUMINA INC | $21,425 | 0.00% | 9,700 | PUT | SOLE |
| 941848953 | WAT | WATERS CORP | $4,151 | 0.00% | 3,400 | PUT | SOLE |
| 713448958 | PEP | PEPSICO INC | $1,609 | 0.00% | 600 | PUT | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.