Beutel, Goodman & Co 13F annual report
Beutel, Goodman & Co is an investment fund managing more than $18.8 billion ran by Michal Pomotov. There are currently 76 companies in Mr. Pomotov’s portfolio. The largest investments include Royal Bank Cda and Toronto Dominion Bk, together worth $1.92 billion.
$18.8 billion Assets Under Management (AUM)
As of 6th August 2024, Beutel, Goodman & Co’s top holding is 9,539,259 shares of Royal Bank Cda currently worth over $1.02 billion and making up 5.4% of the portfolio value.
In addition, the fund holds 16,481,820 shares of Toronto Dominion Bk worth $906 million.
The third-largest holding is Manulife Fincl Corp worth $569 million and the next is Cdn Natl Railway worth $547 million, with 4,632,927 shares owned.
Currently, Beutel, Goodman & Co's portfolio is worth at least $18.8 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Beutel, Goodman & Co
The Beutel, Goodman & Co office and employees reside in Toronto, Ontario, Canada. According to the last 13-F report filed with the SEC, Michal Pomotov serves as the CCO & General Counsel at Beutel, Goodman & Co.
Recent trades
In the most recent 13F filing, Beutel, Goodman & Co revealed that it had opened a new position in
GFL Environmental and bought 1,719,778 shares worth $67 million.
This means they effectively own approximately 0.1% of the company.
GFL Environmental makes up
3.5%
of the fund's Industrials sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Toronto Dominion Bk by buying
2,058,740 additional shares.
This makes their stake in Toronto Dominion Bk total 16,481,820 shares worth $906 million.
On the other hand, Michal Pomotov disclosed a decreased stake in Royal Bank Cda by 0.1%.
This leaves the value of the investment at $1.02 billion and 9,539,259 shares.
One of the smallest hedge funds
The two most similar investment funds to Beutel, Goodman & Co are Southport Management, L.L.C and Dakota Community Bank & Trust Na. They manage $18.8 billion and $18.6 billion respectively.
Michal Pomotov investment strategy
Beutel, Goodman & Co’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Industrials — making up 10.1% of
the total portfolio value.
The fund focuses on investments in the United States as
38.2% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
45% of the total holdings value.
On the other hand, small-cap stocks make up only 3.9% of the portfolio.
The average market cap of the portfolio companies is close to $110 billion.
The complete list of Beutel, Goodman & Co trades based on 13F SEC filings
These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Royal Bank Cda |
12.56%
9,539,259
|
$1,015,378,000 | 5.40% |
| Toronto Dominion Bk |
14.27%
16,481,820
|
$905,786,000 | 4.81% |
| Manulife Fincl Corp |
7.13%
21,381,445
|
$569,244,000 | 3.03% |
| Cdn Natl Railway |
1.86%
4,632,927
|
$547,344,000 | 2.91% |
| AMGEN Inc. |
5.16%
1,673,291
|
$522,819,000 | 2.78% |
| RB Global Inc |
1.43%
6,792,575
|
$517,950,000 | 2.75% |
| Rogers Communications Inc. |
13.67%
13,086,712
|
$483,931,000 | 2.57% |
| Bank of Montreal |
0.81%
5,648,643
|
$474,026,000 | 2.52% |
| TC Energy Corporation |
9.22%
12,288,757
|
$465,739,000 | 2.48% |
| Sun Life Fncl Inc |
7.69%
8,931,015
|
$437,820,000 | 2.33% |
| Suncor Energy, Inc. |
14.18%
11,459,446
|
$436,737,000 | 2.32% |
| Gen Digital Inc |
5.38%
16,617,593
|
$415,107,000 | 2.21% |
| Kimberly-Clark Corp. |
5.69%
2,998,905
|
$414,448,000 | 2.20% |
| Kellanova Co |
6.46%
7,088,660
|
$408,873,000 | 2.17% |
| Biogen Inc |
11.60%
1,747,444
|
$405,092,000 | 2.15% |
| Comcast Corp |
20.87%
10,201,738
|
$399,500,000 | 2.12% |
| EBay Inc. |
6.47%
7,094,625
|
$381,123,000 | 2.03% |
| Canadian Pacific Kansas City |
1.34%
4,821,210
|
$379,608,000 | 2.02% |
| Restaurant Brands International Inc |
32.35%
5,320,067
|
$374,797,000 | 1.99% |
| Netapp Inc |
0.85%
2,898,891
|
$373,377,000 | 1.98% |
| Amdocs Ltd |
16.81%
4,728,984
|
$373,211,000 | 1.98% |
| Qualcomm, Inc. |
35.99%
1,843,566
|
$367,201,000 | 1.95% |
| Magna International Inc. |
0.70%
8,760,291
|
$367,095,000 | 1.95% |
| Fortis Inc. |
1.37%
9,267,713
|
$360,115,000 | 1.91% |
| American Express Co. |
4.58%
1,463,412
|
$338,853,000 | 1.80% |
| Bank Of Nova Scotia |
1.81%
7,361,945
|
$336,690,000 | 1.79% |
| Nutrien Ltd |
21.71%
6,450,063
|
$328,312,000 | 1.74% |
| Campbell Soup Co. |
18.91%
6,906,620
|
$312,110,000 | 1.66% |
| Merck Co Inc |
1.32%
2,463,939
|
$305,035,000 | 1.62% |
| Blackrock Inc. |
6.26%
386,344
|
$304,176,000 | 1.62% |
| PPG Industries, Inc. |
186.95%
2,361,625
|
$297,304,000 | 1.58% |
| Omnicom Group, Inc. |
16.77%
3,203,270
|
$287,333,000 | 1.53% |
| Cgi Group |
53.53%
2,656,728
|
$265,119,000 | 1.41% |
| SEI Investments Co. |
0.96%
4,056,859
|
$262,438,000 | 1.39% |
| Harley-Davidson, Inc. |
0.95%
7,662,385
|
$256,996,000 | 1.37% |
| Interpublic Group Of Companies |
11.43%
8,829,633
|
$256,854,000 | 1.37% |
| Open Text Corp |
1.05%
8,457,477
|
$253,906,000 | 1.35% |
| Cae Inc. |
1.19%
13,632,840
|
$253,159,000 | 1.35% |
| Brookfield Corporation |
2.20%
5,972,914
|
$248,371,000 | 1.32% |
| BRP Inc. |
1.45%
3,695,826
|
$236,736,000 | 1.26% |
| Franco-Nevada Corporation |
1.51%
1,934,625
|
$229,324,000 | 1.22% |
| Colliers Intl |
0.91%
2,040,940
|
$227,861,000 | 1.21% |
| Flowserve Corp. |
33.41%
4,455,096
|
$214,290,000 | 1.14% |
| Polaris Industries |
5.86%
2,731,465
|
$213,901,000 | 1.14% |
| Ameriprise Financial Inc |
0.58%
486,795
|
$207,953,000 | 1.11% |
| Gentex Corp. |
0.72%
6,121,182
|
$206,345,000 | 1.10% |
| Masco Corp. |
1.15%
3,042,150
|
$202,820,000 | 1.08% |
| Tempur Sealy International Inc |
13.97%
4,029,514
|
$190,757,000 | 1.01% |
| Cummins Inc. |
0.84%
630,592
|
$174,629,000 | 0.93% |
| Carlyle Group |
0.37%
4,332,629
|
$173,955,000 | 0.92% |
| Westinghouse Air Brake Technologies Corp |
0.91%
1,094,053
|
$172,915,000 | 0.92% |
| Brookfield Asset Mgt |
1.46%
4,492,175
|
$170,974,000 | 0.91% |
| Cencora Inc. |
5.46%
713,462
|
$160,742,000 | 0.85% |
| GFL Environmental Inc. |
Opened
1,719,778
|
$66,963,000 | 0.36% |
| Alamos Gold In |
28.03%
4,017,048
|
$62,999,000 | 0.33% |
| Triple Flag Precious Metals |
4.04%
2,334,920
|
$36,209,000 | 0.19% |
| Ats Corp |
4.02%
1,103,049
|
$35,686,000 | 0.19% |
| Primo Water Corporation |
4.02%
1,581,520
|
$34,557,000 | 0.18% |
| Spdr Portfolio Sp 500 Growth |
13.07%
306,462
|
$24,559,000 | 0.13% |
| Brookfield Business Partners |
4.02%
1,331,060
|
$26,030,000 | 0.14% |
| Telus International Cda |
21.13%
2,643,110
|
$15,259,000 | 0.08% |
| Denison Mines Corp |
28.05%
7,395,410
|
$14,808,000 | 0.08% |
| Enerflex |
3.92%
1,238,436
|
$6,679,000 | 0.04% |
| Ishares Msci Eafe Etf |
1.96%
38,571
|
$3,022,000 | 0.02% |
| Berkshire Hathaway Inc. |
No change
1
|
$612,000 | 0.00% |
| Unilever plc |
No change
9,600
|
$527,000 | 0.00% |
| GSK Plc |
No change
13,160
|
$506,000 | 0.00% |
| Novartis |
No change
4,405
|
$468,000 | 0.00% |
| Smith Nephew |
No change
16,110
|
$399,000 | 0.00% |
| Parker-Hannifin Corp. |
No change
355
|
$179,000 | 0.00% |
| Microsoft Corporation |
No change
386
|
$172,000 | 0.00% |
| Alphabet Inc |
No change
765
|
$140,000 | 0.00% |
| Canadian Imperial Bk |
No change
1,540
|
$73,000 | 0.00% |
| Brookfield Renewable Partners |
No change
1,125
|
$27,000 | 0.00% |
| iShares MBS ETF |
Opened
270
|
$24,000 | 0.00% |
| BCE Inc |
No change
409
|
$13,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 76 holdings | |||
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