Beutel, Goodman & Co Ltd. — 13F Holdings & Portfolio
CIK 1361974 · latest 13F-HR filed 2026-08-12
Beutel, Goodman & Co Ltd. manages $13.6M in 13F-reported U.S. long-equity assets across 163 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are TD (5.74%), BMO (3.50%), RY (3.32%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 5 new positions, exited 12, added to 48, and trimmed 74.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
SUITE 2000
TORONTO, A6 M4R 1K8
$13.6M
Long-equity book
163
Distinct positions
2026-06-30
Filed 2026-08-12
+5 / −12 / ↑48 / ↓74
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- Marsh & McLennan$127.1K +94.0%
- Masco$110.9K +58.0%
- Becton Dickinson & Co$103.5K +68.3%
- Brookfield Corporation$103.2K +64.2%
- Flowserve Corp$98.0K +66.4%
Top Trims
- WABTEC CORP-$183.9K -44.6%
- Comcast Corp-$170.8K -62.4%
- Royal Bank Cda-$129.7K -22.3%
- Qualcomm-$118.6K -38.3%
- Amdocs Ltd-$111.6K -32.4%
New Positions
- Royal Caribbean$269.9K
- AutoZone$150.3K
- Thomson Reuters$4.7K
- Honeywell International$2.4K
- Honeywell Aerospace$2.3K
Exited Positions
- Open Text Corp$113.7K
- Thomson Reuters Corp-NEW$5.4K
- Honeywell Intl.$4.9K
- Brookfield Renewable$559
- Solstice Advanced Materials$365
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | Toronto Dominion Bk | TD | 891160509 | $780.4K | 5.74% | 6,420,709 | SH |
| 2 | Bank of Montreal | BMO | 063671101 | $476.3K | 3.50% | 2,695,594 | SH |
| 3 | Royal Bank Cda | RY | 780087102 | $451.3K | 3.32% | 2,180,246 | SH |
| 4 | PPG Industries | PPG | 693506107 | $391.4K | 2.88% | 3,227,294 | SH |
| 5 | Ebay Inc | EBAY | 278642103 | $376.2K | 2.77% | 3,366,801 | SH |
| 6 | Chubb Limited | CB | H1467J104 | $326.1K | 2.40% | 957,066 | SH |
| 7 | Restaurant Brands International | QSR | 76131D103 | $320.8K | 2.36% | 4,424,521 | SH |
| 8 | Canadian Pacific Kansas City | CP | 13646K108 | $308.2K | 2.27% | 3,556,364 | SH |
| 9 | Medtronic PLC | MDT | G5960L103 | $306.8K | 2.26% | 3,922,276 | SH |
| 10 | Masco | MAS | 574599106 | $302.0K | 2.22% | 3,711,884 | SH |
| 11 | NetApp | NTAP | 64110D104 | $298.0K | 2.19% | 1,925,379 | SH |
| 12 | Union Pacific Corp. | UNP | 907818108 | $286.3K | 2.11% | 1,052,679 | SH |
| 13 | Canadian Natural Resources Ltd. | CNQ | 136385101 | $272.7K | 2.01% | 6,894,705 | SH |
| 14 | Royal Caribbean | RCL | V7780T103 | $269.9K | 1.99% | 850,102 | SH |
| 15 | Rogers Communications | RCI | 775109200 | $266.8K | 1.96% | 8,202,734 | SH |
| 16 | Merck& Co Inc | MRK | 58933Y105 | $266.4K | 1.96% | 2,073,206 | SH |
| 17 | Suncor Energy | SU | 867224107 | $266.1K | 1.96% | 4,947,844 | SH |
| 18 | Brookfield Corporation | BN | 11271J107 | $263.9K | 1.94% | 6,186,707 | SH |
| 19 | Marsh & McLennan | MRSH | 571748102 | $262.3K | 1.93% | 1,573,890 | SH |
| 20 | Ameriprise Financial | AMP | 03076C106 | $255.1K | 1.88% | 555,992 | SH |
| 21 | Becton Dickinson & Co | BDX | 075887109 | $254.9K | 1.88% | 1,684,640 | SH |
| 22 | Cdn Natl Railway | CNI | 136375102 | $251.1K | 1.85% | 2,105,136 | SH |
| 23 | Flowserve Corp | FLS | 34354P105 | $245.6K | 1.81% | 3,311,766 | SH |
| 24 | Manulife Fincl Corp | MFC | 56501R106 | $239.5K | 1.76% | 5,907,934 | SH |
| 25 | Amdocs Ltd | DOX | G02602103 | $233.2K | 1.72% | 4,614,159 | SH |
| 26 | WABTEC CORP | WAB | 929740108 | $228.2K | 1.68% | 846,411 | SH |
| 27 | Omnicom Group | OMC | 681919106 | $225.1K | 1.66% | 3,091,223 | SH |
| 28 | Elevance Health | ELV | 036752103 | $223.7K | 1.65% | 578,463 | SH |
| 29 | GFL Environmental | GFL | 36168Q104 | $210.3K | 1.55% | 5,720,668 | SH |
| 30 | CGI Group | GIB | 12532H104 | $208.5K | 1.53% | 3,226,849 | SH |
| 31 | Brookfield Asset Management | BAM | 113004105 | $205.4K | 1.51% | 4,579,477 | SH |
| 32 | Nutrien | NTR | 67077M108 | $202.0K | 1.49% | 3,207,250 | SH |
| 33 | Fortis Inc | FTS | 349553107 | $198.8K | 1.46% | 3,470,773 | SH |
| 34 | American Express Co | AXP | 025816109 | $193.9K | 1.43% | 573,168 | SH |
| 35 | Qualcomm | QCOM | 747525103 | $191.5K | 1.41% | 1,036,274 | SH |
| 36 | Amgen Inc | AMGN | 031162100 | $188.5K | 1.39% | 520,577 | SH |
| 37 | RB Global | RBA | 74935Q107 | $173.6K | 1.28% | 1,491,437 | SH |
| 38 | Franco Nevada Corp | FNV | 351858105 | $169.6K | 1.25% | 813,030 | SH |
| 39 | Applied Materials | AMAT | 038222105 | $167.1K | 1.23% | 231,052 | SH |
| 40 | Colliers Intl | CIGI | 194693107 | $166.8K | 1.23% | 1,777,779 | SH |
| 41 | Wells Fargo | WFC | 949746101 | $160.5K | 1.18% | 1,941,758 | SH |
| 42 | Gildan Activewear | GIL | 375916103 | $151.8K | 1.12% | 2,945,188 | SH |
| 43 | TC Energy | TRP | 87807B107 | $151.5K | 1.11% | 2,288,376 | SH |
| 44 | AutoZone | AZO | 053332102 | $150.3K | 1.11% | 47,043 | SH |
| 45 | Cencora | COR | 03073E105 | $144.2K | 1.06% | 509,678 | SH |
| 46 | Kimberly Clark Corp | KMB | 494368103 | $143.1K | 1.05% | 1,303,647 | SH |
| 47 | Gen Digital | GEN | 668771108 | $143.0K | 1.05% | 5,745,414 | SH |
| 48 | Boyd Group Services | BGSI | 103310108 | $141.2K | 1.04% | 1,491,881 | SH |
| 49 | ATS Corp | ATS | 00217Y104 | $138.2K | 1.02% | 4,796,922 | SH |
| 50 | Sun Life Fncl Inc | SLF | 866796105 | $136.8K | 1.01% | 1,743,457 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-12 | $13.6M | 163 | 0001361974-26-000009 |
| 2026-03-31 | 2026-05-15 | $14.8M | 170 | 0001361974-26-000007 |
| 2025-12-31 | 2026-02-13 | $16.3M | 174 | 0001361974-26-000005 |
| 2025-09-30 | 2025-11-14 | $16.6M | 177 | 0001361974-25-000016 |