MACKENZIE FINANCIAL CORP

CIK: 0000919859SEC EDGAR →

Portfolio Value

$84.4T

Holdings

1,650

As of

Q4 2025

New Positions

161

Closed Positions

165

Portfolio Value History

Top 10 Holdings

Rank	Stock	Shares	Value	% of Portfolio
1	RY ROYAL BK CDA	21,016,911	$3.6T	4.26%
2	MSFT MICROSOFT CORP	5,529,671	$2.7T	3.19%
3	AAPL APPLE INC	9,203,899	$2.5T	2.97%
4	NVDA NVIDIA CORPORATION	13,294,243	$2.5T	2.95%
5	TD TORONTO DOMINION BK ONT	25,536,772	$2.4T	2.86%
6	SPYPut SPDR S&P 500 ETF TR	3,443,915	$2.2T	2.55%
7	GOOGL ALPHABET INC	6,386,637	$2.0T	2.37%
8	SHOP SHOPIFY INC	9,961,097	$1.6T	1.93%
9	AMZN AMAZON COM INC	6,695,174	$1.6T	1.84%
10	AEM AGNICO EAGLE MINES LTD	8,687,624	$1.5T	1.76%

Quarterly Changes

Top Buys

SPYNEW

$2.2T

B↑ Increased

$491.3B

CM↑ Increased

$476.2B

LLY↑ Increased

$329.6B

CSCONEW

$328.0B

Top Sells

SPYCLOSED

$2.1T

RY↓ Decreased

$412.4B

GOOGL↓ Decreased

$390.8B

MSFT↓ Decreased

$383.4B

TD↓ Decreased

$370.3B

New Positions (153)

SPY

$2.2T · 3.4M shares

CSCO

$328.0B · 4.3M shares

BYD

$327.0B · 2.1M shares

TTE

$259.0B · 3.9M shares

NFLX

$196.0B · 2.1M shares

MRK

$155.0B · 1.5M shares

HYG

$142.0B · 1.8M shares

NEM

$120.0B · 1.2M shares

CVS

$115.0B · 1.4M shares

$71.0B · 2.0M shares

$71.0B · 1.2M shares

$59.0B · 1.1M shares

$27.0B · 455K shares

$25.0B · 685K shares

$24.0B · 224K shares

$21.0B · 388K shares

$19.0B · 317K shares

$16.0B · 178K shares

$10.0B · 107K shares

$5.0B · 222K shares

$5.0B · 45K shares

$4.0B · 309K shares

$4.0B · 105K shares

$3.0B · 134K shares

$2.0B · 17K shares

$2.0B · 19K shares

$2.0B · 803K shares

$2.0B · 114K shares

$2.0B · 45K shares

$2.0B · 126K shares

$1.0B · 9K shares

$1.0B · 25K shares

$1.0B · 376K shares

$1.0B · 13K shares

$1.0B · 23K shares

$1.0B · 41K shares

$1.0B · 22K shares

$1.0B · 288K shares

$1.0B · 127K shares

$1.0B · 87K shares

$1.0B · 29K shares

$1.0B · 49K shares

$1.0B · 164K shares

$1.0B · 15K shares

$1.0B · 24K shares

$1.0B · 24K shares

$1.0B · 85K shares

$1.0B · 87K shares

$1.0B · 74K shares

$1.0B · 77K shares

$1.0B · 24K shares

$0 · 6K shares

$0 · 2K shares

$0 · 3K shares

$0 · 208K shares

$0 · 12K shares

$0 · 13K shares

CENTRAIS ELET BRAS SA

$0 · 59K shares

$0 · 3K shares

$0 · 12K shares

$0 · 97K shares

$0 · 10K shares

$0 · 11K shares

$0 · 15K shares

$0 · 12K shares

$0 · 4K shares

$0 · 9K shares

$0 · 6K shares

$0 · 10K shares

$0 · 100K shares

$0 · 3K shares

$0 · 352K shares

$0 · 44K shares

$0 · 14K shares

$0 · 15K shares

$0 · 7K shares

$0 · 2K shares

$0 · 22K shares

$0 · 4K shares

$0 · 8K shares

$0 · 12K shares

$0 · 23K shares

$0 · 7K shares

$0 · 10K shares

$0 · 12K shares

$0 · 8K shares

$0 · 12K shares

$0 · 3K shares

$0 · 2K shares

$0 · 22K shares

$0 · 6K shares

$0 · 11K shares

$0 · 3K shares

$0 · 119K shares

$0 · 6K shares

$0 · 4K shares

$0 · 6K shares

$0 · 4K shares

$0 · 7K shares

$0 · 160K shares

$0 · 7K shares

$0 · 19K shares

$0 · 9K shares

$0 · 4K shares

$0 · 22K shares

$0 · 5K shares

$0 · 9K shares

$0 · 37K shares

$0 · 1K shares

$0 · 5K shares

$0 · 3K shares

$0 · 31K shares

$0 · 15K shares

$0 · 9K shares

$0 · 27K shares

$0 · 17K shares

$0 · 21K shares

$0 · 13K shares

$0 · 3K shares

$0 · 4K shares

$0 · 249K shares

$0 · 2K shares

$0 · 1K shares

$0 · 2K shares

$0 · 11K shares

$0 · 16K shares

$0 · 7K shares

$0 · 17K shares

$0 · 5K shares

$0 · 1K shares

$0 · 111K shares

$0 · 4K shares

$0 · 13K shares

$0 · 17K shares

$0 · 17K shares

$0 · 12K shares

$0 · 5K shares

$0 · 7K shares

$0 · 5K shares

$0 · 17K shares

$0 · 4K shares

$0 · 11K shares

$0 · 15K shares

$0 · 18K shares

$0 · 6K shares

$0 · 31K shares

$0 · 48K shares

$0 · 6K shares

$0 · 1K shares

$0 · 9K shares

$0 · 5K shares

$0 · 7K shares

$0 · 6K shares

Closed Positions (185)

SPY

$2.1T · 3.1M shares

CSCO

$255.4B · 3.7M shares

NFLX

$218.8B · 182K shares

HYG

$145.5B · 8.8M shares

NEM

$110.1B · 1.3M shares

$98.6B · 1.2M shares

$85.1B · 1.4M shares

$83.7B · 1.1M shares

$62.8B · 1.8M shares

$56.6B · 1.3M shares

$48.9B · 701K shares

$33.9B · 369K shares

$25.1B · 529K shares

$16.1B · 290K shares

$14.2B · 35K shares

$12.4B · 307K shares

$9.5B · 102K shares

$9.2B · 123K shares

$5.7B · 28K shares

$5.5B · 81K shares

$5.1B · 178K shares

$4.5B · 117K shares

$3.6B · 56K shares

$3.3B · 30K shares

$2.9B · 84K shares

$2.9B · 35K shares

$2.9B · 57K shares

$2.9B · 35K shares

$2.6B · 154K shares

$2.5B · 57K shares

$2.5B · 56K shares

$2.4B · 328K shares

$2.2B · 158K shares

$2.1B · 85K shares

$2.0B · 160K shares

$2.0B · 67K shares

$1.9B · 327K shares

$1.9B · 175K shares

$1.8B · 117K shares

$1.7B · 120K shares

$1.7B · 9K shares

$1.7B · 14K shares

$1.7B · 75K shares

$1.7B · 91K shares

$1.6B · 135K shares

$1.6B · 192K shares

$1.6B · 97K shares

$1.6B · 58K shares

$1.5B · 31K shares

$1.5B · 59K shares

$1.5B · 35K shares

$1.5B · 23K shares

$1.5B · 82K shares

$1.4B · 41K shares

$1.3B · 40K shares

$1.2B · 152K shares

$1.2B · 20K shares

$1.2B · 202K shares

$1.2B · 30K shares

$1.2B · 19K shares

$1.2B · 39K shares

$1.2B · 71K shares

$1.1B · 11K shares

$1.1B · 4K shares

$1.0B · 14K shares

$998.7M · 136K shares

NOK

$997.4M · 207K shares

$983.0M · 390K shares

CNXC

$962.0M · 21K shares

PTM

$960.7M · 363K shares

$943.3M · 7K shares

$936.9M · 40K shares

$916.5M · 21K shares

$888.3M · 141K shares

$881.8M · 12K shares

$873.6M · 32K shares

$868.5M · 16K shares

$833.5M · 119K shares

GPK

$795.9M · 41K shares

GMAB

$768.6M · 25K shares

YETI

$762.5M · 23K shares

$757.5M · 59K shares

AVD

$746.5M · 130K shares

$732.0M · 42K shares

$718.9M · 40K shares

$713.7M · 21K shares

$699.3M · 9K shares

$689.8M · 39K shares

$684.7M · 16K shares

$679.2M · 22K shares

$677.6M · 12K shares

$644.9M · 25K shares

$639.0M · 19K shares

$635.1M · 2K shares

$631.1M · 82K shares

$628.5M · 8K shares

$613.6M · 14K shares

$585.6M · 45K shares

$575.3M · 78K shares

$565.0M · 24K shares

$558.9M · 14K shares

$553.1M · 101K shares

$545.9M · 2K shares

$530.5M · 20K shares

$512.4M · 30K shares

$497.6M · 6K shares

$495.4M · 14K shares

$466.0M · 24K shares

$465.5M · 13K shares

$462.7M · 2K shares

$443.0M · 94K shares

$416.5M · 1K shares

$410.2M · 10K shares

$409.7M · 2K shares

$398.5M · 13K shares

$397.1M · 3K shares

$394.0M · 3K shares

$391.2M · 14K shares

$391.0M · 9K shares

$390.1M · 22K shares

$380.9M · 5K shares

$360.5M · 12K shares

$349.1M · 157K shares

$342.1M · 12K shares

$333.2M · 7K shares

$300.9M · 42K shares

$294.0M · 23K shares

$292.1M · 24K shares

$289.9M · 10K shares

$287.8M · 25K shares

$287.4M · 8K shares

$286.4M · 12K shares

$286.2M · 8K shares

$284.6M · 18K shares

$280.5M · 6K shares

$277.6M · 67K shares

$271.9M · 21K shares

$264.7M · 4K shares

$259.3M · 3K shares

INDIVIOR PLC

$252.1M · 10K shares

$243.5M · 4K shares

$234.6M · 9K shares

$231.5M · 1K shares

$225.3M · 18K shares

$224.5M · 7K shares

$222.3M · 2K shares

$221.1M · 3K shares

$219.9M · 3K shares

$218.2M · 4K shares

$216.1M · 250 shares

$214.4M · 3K shares

$211.9M · 4K shares

$209.2M · 2K shares

$207.5M · 3K shares

$207.4M · 2K shares

$206.7M · 84K shares

$205.4M · 4K shares

$201.4M · 1K shares

$196.7M · 36K shares

$190.9M · 11K shares

$182.6M · 20K shares

$180.8M · 17K shares

$176.0M · 11K shares

$170.9M · 11K shares

$162.5M · 57K shares

$158.4M · 14K shares

$147.1M · 22K shares

$136.3M · 16K shares

$124.5M · 20K shares

$121.0M · 10K shares

$118.9M · 11K shares

AUPH

$118.4M · 11K shares

AVDX

$111.6M · 11K shares

$107.2M · 11K shares

$101.6M · 25K shares

$99.4M · 10K shares

$86.4M · 13K shares

$76.4M · 15K shares

$73.2M · 10K shares

$68.7M · 15K shares

$66.3M · 12K shares

$62.6M · 34K shares

$56.6M · 21K shares

$31.2M · 11K shares

$28.8M · 11K shares

Sector Breakdown

Sector	# Holdings	Value	%
Financial Services	257	$21.3T	25.4%
Technology	268	$16.6T	19.9%
Industrials	215	$7.5T	8.9%
Basic Materials	95	$6.6T	7.9%
Energy	95	$6.4T	7.6%
Healthcare	192	$6.2T	7.4%
Consumer Cyclical	143	$5.6T	6.7%
Communication Services	71	$4.5T	5.3%
Unknown	116	$4.1T	4.9%
Consumer Defensive	62	$2.2T	2.6%
Utilities	57	$1.9T	2.3%
Real Estate	79	$834.0B	1.0%