Latest Beutel, Goodman & Co Ltd. Stock Portfolio

Beutel, Goodman & Co Ltd. Performance:

2025 Q4: 2.24%YTD: 10.39%2024: 3.53%

Performance for 2025 Q4 is 2.24%, and YTD is 10.39%, and 2024 is 3.53%.

About Beutel, Goodman & Co Ltd. and 13F Hedge Fund Stock Holdings

Beutel, Goodman & Co Ltd. is a hedge fund based in Canada. On 2026-02-13, the fund reported it's updated stock portfolio. In the 13F Holdings report, Beutel, Goodman & Co Ltd. reported an equity portfolio of $16.3 Billions as of 31 Dec, 2025.

The top stock holdings of Beutel, Goodman & Co Ltd. are TD, RY, BMO. The fund has invested 4.6% of it's portfolio in TORONTO DOMINION BK and 4.1% of portfolio in ROYAL BANK CDA.

The fund managers got completely rid off INTERPUBLIC GROUP OF COMPANIES (IPG), ORACLE (ORCL) and VERISK ANALYTICS (VRSK) stocks. They significantly reduced their stock positions in HEALTH CARE SELECT SECTOR SPDR (XLB), ALPHABET (GOOG) and WESTERN COPPER & GOLD CORP. (WRN). Beutel, Goodman & Co Ltd. opened new stock positions in BOYD GROUP SERVICES and META PLATFORMS (META). The fund showed a lot of confidence in some stocks as they added substantially to CANADIAN NATURAL RESOURCES LTD. (CNQ), OMNICOM GROUP (OMC) and ALPHABET INC. CL A (GOOG).

Beutel, Goodman & Co Ltd. Annual Return Estimates Vs S&P 500

Our best estimate is that Beutel, Goodman & Co Ltd. made a return of 2.24% in the last quarter. In trailing 12 months, it's portfolio return was 10.39%.

Performance
S&P 500

New Buys

Ticker	$ Bought
boyd group services	250,643,000
magnum ice cream company	4,555,000
solstice advanced materials	282,000
meta platforms	3,000

New stocks bought by Beutel, Goodman & Co Ltd.

Additions

Ticker	% Inc.
canadian natural resources ltd.	3,243
omnicom group	77.9
alphabet inc. cl a	58.02
brookfield wealth solutions ltd.	49.3
docebo	40.26
brookfield corporation	38.39
ameriprise financial	34.65
gfl environmental	31.45

Additions to existing portfolio by Beutel, Goodman & Co Ltd.

Reductions

Ticker	% Reduced
health care select sector spdr	-54.04
consumer staples select sector spdr	-50.00
alphabet	-46.21
western copper & gold corp.	-44.36
algonquin power & utilities	-41.42
american express co	-37.65
toronto dominion bk	-37.07
cencora	-37.04

Beutel, Goodman & Co Ltd. reduced stake in above stock

Sold off

Ticker	$ Sold
interpublic group of companies	-226,188,000
oracle	-84,000
ametek	-36,000
verisk analytics	-43,000
vanguard russell 1000 val etf	-4,000
ishares russell 1000 value etf	-1,000
coca cola co.	0.00

Beutel, Goodman & Co Ltd. got rid off the above stocks

Sector Distribution

Beutel, Goodman & Co Ltd. has about 51.3% of it's holdings in Others sector.

Sector	%
Others	51.3
Industrials	9.7
Healthcare	9.6
Financial Services	8.7
Technology	6.7
Consumer Cyclical	5.6
Consumer Defensive	3.2
Communication Services	2.9
Basic Materials	2.5

Market Cap. Distribution

Beutel, Goodman & Co Ltd. has about 43.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	50.8
LARGE-CAP	37.5
MEGA-CAP	5.9
MID-CAP	3.9
NANO-CAP	1.8

Stocks belong to which Index?

About 37.9% of the stocks held by Beutel, Goodman & Co Ltd. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	62
S&P 500	37.9

Top 5 Winners (%)		%
BIP	brookfield infrastructure partners l.p.	95.5 %
XLB	health care select sector spdr	89.1 %
PSLV	sprott physical silver t/u	50.8 %
FLS	flowserve corp	28.2 %
WRN	western copper & gold corp.	27.1 %

Top 5 Winners ($)		$
TD	toronto dominion bk	149.3 M
MRK	merck& co inc	95.1 M
RY	royal bank cda	94.5 M
AMGN	amgen inc	59.3 M
MFC	manulife fincl corp	55.3 M

Top 5 Losers (%)		%
	brookfield corporation	-29.8 %
	brookfield wealth solutions ltd.	-29.1 %
HOG	harley davidson inc	-25.6 %
NFLX	netflix inc.	-25.0 %
KMB	kimberly clark corp	-17.8 %

Top 5 Losers ($)		$
	brookfield corporation	-83.9 M
KMB	kimberly clark corp	-71.1 M
HOG	harley davidson inc	-49.1 M
NTAP	netapp	-39.0 M
GFL	gfl environmental	-27.7 M

Beutel, Goodman & Co Ltd. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Beutel, Goodman & Co Ltd.

Beutel, Goodman & Co Ltd. has 174 stocks in it's portfolio. About 31.1% of the portfolio is in top 10 stocks. proved to be the most loss making stock for the portfolio. TD was the most profitable stock for Beutel, Goodman & Co Ltd. last quarter.

Last Reported on: 13 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple	0.08	45,283	12,310,000	reduced	-9.51

AAXJ	ishares mbs etf	0.00	270	25,000	unchanged	0.00

ABC	cencora	0.41	199,716	67,454,000	reduced	-37.04

ABT	abbott lab	0.02	26,100	3,270,000	reduced	-4.74

ACN	accenture plc ireland	0.03	15,520	4,164,000	reduced	-2.76

AEM	agnico-eagle mines ltd.	0.04	40,337	6,849,000	reduced	-12.44

AGI	alamos gold	0.49	2,058,520	79,592,000	reduced	-8.68

AGNG	global x cloud computing etf	0.00	270	6,000	unchanged	0.00

AMAT	applied materials	1.11	701,414	180,256,000	reduced	-35.57

AME	ametek	0.00	0.00	0.00	sold off	-100

AMGN	amgen inc	2.38	1,182,450	387,028,000	reduced	-18.28

AMP	ameriprise financial	2.18	725,099	355,545,000	added	34.65

AMZN	amazon	0.00	431	99,000	added	3.86

ANTX	elevance health	1.76	817,896	286,713,000	added	13.94

AQN	algonquin power & utilities	0.01	262,070	1,613,000	reduced	-41.42

AXP	american express co	1.74	765,136	283,062,000	reduced	-37.65

BAC	bank of america corp.	0.00	500	27,000	unchanged	0.00

BAM	brookfield asset management	0.62	1,936,910	101,596,000	reduced	-7.85

BBU	brookfield business partners	0.13	584,663	20,716,000	reduced	-8.8

BBUC	brookfield business partners	0.07	330,454	11,824,000	reduced	-8.73