Mawer Investment Management Ltd.

Q4 2025 13F-HR Holdings

Location
Calgary, A0
Holdings as of
12/31/2025
Date filed
2/10/2026
Form type
13F-HR
Num holdings
125
Total value ($000)
$17,850,595
Net value change ($000)
-1,407,609 (-7.3%)
New positions
25
Sold out positions
10
Turnover %
2.7%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/4/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
WFC 307,290 208.8%
SHEL 271,420 84.3%
AER 217,180 85.7%
UBER 130,469 176.1%
GOOGL 127,507 12.5%
SO 78,497 103.8%
NU 65,936 608.9%
NVDA 55,952 527.1%
SII 42,712 40.4%
WAT 28,297 6.1%
Top Reduces (Value $000, Stocks/ETFs)
AON -369,321 -41.5%
MRSH -196,938 -21.4%
BKNG -172,464 -22.3%
FCN -146,934 -27.2%
CDW -132,586 -35.3%
POOL -131,646 -100.0%
ATR -117,872 -32.0%
NOC -105,393 -17.9%
MEDP -103,784 -31.2%
MSFT -101,284 -7.4%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type