Guardian Partners Inc.

TORONTO, Z4 · CIK 1884799 · 13F filing filed 2026-07-29

SEC-registered investment adviser since 2024 · corporation

Assets managed$3.3bn
Staff76 · 30 in investment roles
Main clients (by assets)High net worth individuals 41%, Companies 26%, Individuals 21%
Main officeToronto, Ontario
Websiteguardiancapital.com
Form ADV · 2026-03-31SEC adviser record

Legal entityGUARDIAN PARTNERS INC. (CA)
Part of Guardian Capital Group Limited (CA)

Other 13F filers in this group: GUARDIAN CAPITAL LP $4.1bn, RAELIPSKIE PARTNERSHIP $264.8m

Kindprivate equity, institutions, wealth, bank or insurer
Others nearbyToronto, Salt Lake City, UT, Richmond, VA, Kitchener, London, Montréal
FamilyFederation des caisses Desjardins du Quebec · 14 related pages · largest: Federation des caisses Desjardins du Quebec

As an employer

Offices in1 country

Where they work

people there (dot area)number not reportedmain officeHover or tap a dot. Australian and UK companies are placed at their business or registered address, with their staff across the whole country.

Offices

From Form ADV: the main office and the other offices where it does advisory work (at most the 25 largest), with the people doing investment work at each. “About” is worked out: the firm's investment staff less its other offices. Each city links to the other managers there.

City	Country	People
Toronto, Ontario (main office)Canada	Canada	about 23
VancouverCanada	Canada	4
CalgaryCanada	Canada	3

Map: places from GeoNames (CC BY 4.0), outlines from Natural Earth.

$1.1bn reported value -7.6% vs Q1 2026

391positions

39.5%in top 10

209 new 19 added 153 reduced 10 sold out vs Q1 2026

Also in the report of:

Hardman Johnston Global Advisors LLC – $78.8m of shares are in both reports
GUARDIAN CAPITAL LP – $10.1m of shares are in both reports

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ROYAL BK CDA COM RY	RY	418,144	$86.6m7.81%	7.81%	Reduced -85.7k	-85,745 -17.0%
2	TORONTO DOMINION BK ONT COM NEW TD	TD	608,579	$74.0m6.67%	6.67%	Reduced -94.2k	-94,236 -13.4%
3	BANK MONTREAL QUE COM BMO	BMO	303,771	$53.7m4.84%	4.84%	Reduced -64.4k	-64,391 -17.5%
4	BANK NOVA SCOTIA HALIFAX COM BNS	BNS	546,953	$47.4m4.28%	4.28%	Reduced -85.5k	-85,506 -13.5%
5	CANADIAN IMPERIAL BANK OF CO COM CM	CM	338,582	$39.0m3.52%	3.52%	Reduced -38.4k	-38,388 -10.2%
6	ENBRIDGE INC COM ENB	ENB	666,941	$36.2m3.26%	3.26%	Reduced -156.7k	-156,727 -19.0%
7	CANADIAN NATL RY CO COM CNI	CNI	234,079	$27.9m2.52%	2.52%	Reduced -15.8k	-15,827 -6.3%
8	JPMORGAN CHASE & CO COM JPM	JPM	85,096	$27.9m2.51%	2.51%	Reduced -10.8k	-10,792 -11.2%
9	APPLE INC COM AAPL	AAPL	83,532	$24.2m2.18%	2.18%	Reduced -13.8k	-13,844 -14.2%
10	MICROSOFT CORP COM MSFT	MSFT	58,121	$21.7m1.96%	1.96%	Reduced -13.5k	-13,513 -18.9%
11	JOHNSON & JOHNSON COM JNJ	JNJ	81,690	$20.7m1.87%	1.87%	Reduced -14.4k	-14,396 -15.0%
12	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	28,612	$19.7m1.77%	1.77%	New
13	BROOKFIELD CORP CL A LTD VT SH BN	BN	455,054	$19.4m1.75%	1.75%	Reduced -53.8k	-53,752 -10.6%
14	ALPHABET INC CAP STK CL A GOOGL	GOOGL	50,312	$18.0m1.62%	1.62%	Reduced -6.7k	-6,724 -11.8%
15	ING GROEP N.V. SPONSORED ADR ING	ING	569,007	$17.9m1.61%	1.61%	Reduced -143.6k	-143,628 -20.1%
16	NUTRIEN LTD COM NTR	NTR	264,320	$16.6m1.50%	1.50%	Reduced -86.1k	-86,068 -24.6%
17	FORTIS INC COM FTS	FTS	289,159	$16.6m1.49%	1.49%	Reduced -18.6k	-18,565 -6.0%
18	CANADIAN NAT RES LTD COM CNQ	CNQ	416,239	$16.5m1.49%	1.49%	Reduced -134.3k	-134,313 -24.4%
19	EMERSON ELEC CO COM EMR	EMR	110,942	$15.9m1.43%	1.43%	Reduced -21.9k	-21,947 -16.5%
20	IMPERIAL OIL LTD COM NEW IMO	IMO	140,984	$15.8m1.43%	1.43%	Reduced -13.8k	-13,772 -8.9%
21	BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG SHS BAM	BAM	329,729	$14.8m1.34%	1.34%	Reduced -11.9k	-11,881 -3.5%
22	MAGNA INTL INC COM MGA	MGA	202,040	$13.3m1.20%	1.20%	Reduced -8.4k	-8,394 -4.0%
23	DUKE ENERGY CORP NEW COM NEW DUK	DUK	103,543	$13.1m1.18%	1.18%	Reduced -20.8k	-20,827 -16.8%
24	TEXAS INSTRS INC COM TXN	TXN	43,202	$12.9m1.16%	1.16%	Reduced -3.4k	-3,409 -7.3%
25	MCDONALDS CORP COM MCD	MCD	47,037	$12.7m1.15%	1.15%	Reduced -7.3k	-7,283 -13.4%
26	SUNCOR ENERGY INC NEW COM SU	SU	232,708	$12.5m1.13%	1.13%	Reduced -61.2k	-61,189 -20.8%
27	NATIONAL GRID PLC SPONSORED ADR NE NGG	NGG	143,310	$11.9m1.07%	1.07%	Reduced -27.9k	-27,860 -16.3%
28	ROGERS COMMUNICATIONS INC CL B RCI	RCI	339,990	$11.1m1.00%	1.00%	Reduced -31.1k	-31,148 -8.4%
29	TC ENERGY CORP COM TRP	TRP	162,034	$10.7m0.97%	0.97%	Reduced -22.6k	-22,591 -12.2%
30	WALMART INC COM WMT	WMT	91,518	$10.4m0.94%	0.94%	Reduced -29.8k	-29,781 -24.6%
31	APPLIED MATLS INC COM AMAT	AMAT	14,269	$10.3m0.93%	0.93%	Reduced -769	-769 -5.1%
32	SUN LIFE FINANCIAL INC. COM SLF	SLF	128,156	$10.1m0.91%	0.91%	Reduced -17.7k	-17,666 -12.1%
33	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	21,035	$10.0m0.91%	0.91%	Reduced -13.8k	-13,803 -39.6%
34	MASTERCARD INCORPORATED CL A MA	MA	18,475	$9.5m0.86%	0.86%	Reduced -6.2k	-6,183 -25.1%
35	CHEVRON CORP NEW COM CVX	CVX	57,158	$9.5m0.85%	0.85%	Reduced -13.5k	-13,544 -19.2%
36	COSTCO WHSL CORP NEW COM COST	COST	10,111	$9.5m0.85%	0.85%	Reduced -249	-249 -2.4%
37	AMERICAN EXPRESS CO COM AXP	AXP	26,654	$9.0m0.81%	0.81%	Added +285	+285 1.1%
38	PEMBINA PIPELINE CORP COM PBA	PBA	192,642	$8.9m0.80%	0.80%	Reduced -74.2k	-74,244 -27.8%
39	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	11,910	$8.9m0.80%	0.80%	Reduced -130	-130 -1.1%
40	RTX CORPORATION COM RTX	RTX	46,531	$8.8m0.80%	0.80%	Reduced -10.3k	-10,321 -18.1%
41	AGNICO EAGLE MINES LTD COM AEM	AEM	56,761	$8.8m0.80%	0.80%	Reduced -6.7k	-6,692 -10.6%
42	EMERA INC COM EMA	EMA	160,710	$8.5m0.77%	0.77%	Reduced -25.7k	-25,728 -13.8%
43	MITSUBISHI UFJ FINL GROUP IN SPONSORED ADS MUFG	MUFG	406,684	$8.1m0.73%	0.73%	Reduced -151.5k	-151,545 -27.1%
44	SANOFI SPONSORED ADR SNY	SNY	181,975	$7.8m0.70%	0.70%	Reduced -22.1k	-22,111 -10.8%
45	AFLAC INC COM AFL	AFL	62,214	$7.3m0.66%	0.66%	Reduced -10.4k	-10,374 -14.3%
46	MANULIFE FINL CORP COM MFC	MFC	174,281	$7.1m0.64%	0.64%	Reduced -22.2k	-22,223 -11.3%
47	SAP SE SPON ADR SAP	SAP	45,555	$7.0m0.63%	0.63%	Reduced -4.7k	-4,709 -9.4%
48	PEPSICO INC COM PEP	PEP	46,849	$6.3m0.57%	0.57%	Reduced -10.3k	-10,281 -18.0%
49	WISDOMTREE TR EUROPE HEDGED EQ HEDJ	HEDJ	100,300	$5.7m0.52%	0.52%	New
50	STARBUCKS CORP COM SBUX	SBUX	55,832	$5.7m0.51%	0.51%	Reduced -1.3k	-1,328 -2.3%
51	BHP GROUP LTD SPONSORED ADS BHP	BHP	67,025	$5.6m0.50%	0.50%	Reduced -55.2k	-55,152 -45.1%
52	TFI INTL INC COM TFII	TFII	37,548	$5.4m0.49%	0.49%	Reduced -1.8k	-1,752 -4.5%
53	UNITEDHEALTH GROUP INC COM UNH	UNH	12,224	$5.1m0.46%	0.46%	Reduced -1.0k	-1,019 -7.7%
54	ABCELLERA BIOLOGICS INC COM ABCL	ABCL	595,998	$4.7m0.42%	0.42%	Reduced -1.2m	-1,190,417 -66.6%
55	ELI LILLY & CO COM LLY	LLY	3,532	$4.2m0.38%	0.38%	Reduced -106	-106 -2.9%
56	ALPHABET INC CAP STK CL C GOOG	GOOG	11,245	$4.0m0.36%	0.36%	Reduced -156	-156 -1.4%
57	WELLS FARGO CO NEW COM WFC	WFC	46,883	$3.9m0.35%	0.35%	Reduced -9.3k	-9,330 -16.6%
58	ORACLE CORP COM ORCL	ORCL	25,907	$3.8m0.34%	0.34%	Reduced -11.9k	-11,875 -31.4%
59	SELECT SECTOR SPDR TR INDL XLI	XLI	20,400	$3.8m0.34%	0.34%	New
60	INVESCO EXCH TRADED FD TR II KBW BK ETF KBWB	KBWB	40,600	$3.8m0.34%	0.34%	Reduced -76.8k	-76,800 -65.4%
61	AMAZON COM INC COM AMZN	AMZN	15,827	$3.8m0.34%	0.34%	Reduced -7.3k	-7,261 -31.4%
62	CITIGROUP INC COM NEW C	C	26,000	$3.6m0.33%	0.33%	New
63	AMERICAN ELEC PWR CO INC COM AEP	AEP	26,518	$3.6m0.33%	0.33%	Reduced -15.4k	-15,441 -36.8%
64	NIKE INC CL B NKE	NKE	86,546	$3.6m0.32%	0.32%	Reduced -9.0k	-8,972 -9.4%
65	TELUS CORPORATION COM TU	TU	309,077	$3.3m0.30%	0.30%	Reduced -87.7k	-87,712 -22.1%
66	DISNEY WALT CO COM DIS	DIS	33,460	$3.2m0.29%	0.29%	Added +469	+469 1.4%
67	BCE INC COM NEW BCE	BCE	147,203	$3.2m0.29%	0.29%	Reduced -8.7k	-8,688 -5.6%
68	NVIDIA CORPORATION COM NVDA	NVDA	15,728	$3.1m0.28%	0.28%	Reduced -5.2k	-5,161 -24.7%
69	MDA SPACE LTD COM MDA	MDA	70,935	$2.9m0.26%	0.26%	Reduced -35.2k	-35,188 -33.2%
70	QUALCOMM INC COM QCOM	QCOM	15,731	$2.9m0.26%	0.26%	Reduced -9.0k	-8,994 -36.4%
71	ISHARES INC MSCI JAPN SMCETF SCJ	SCJ	27,000	$2.8m0.26%	0.26%	New
72	WISDOMTREE TR JP SMALLCP DIV DFJ	DFJ	26,900	$2.8m0.26%	0.26%	New
73	DANAHER CORPORATION COM DHR	DHR	13,676	$2.6m0.23%	0.23%	Reduced -1.9k	-1,944 -12.4%
74	SPROTT PHYSICAL GOLD TR UNIT PHYS	PHYS	85,260	$2.6m0.23%	0.23%	Reduced -1	-1 0.0%
75	ROCKET LAB CORP COM RKLB	RKLB	25,000	$2.5m0.23%	0.23%	Added +9.0k	+9,000 56.2%
76	ISHARES TR MSCI INDIA ETF INDA	INDA	50,000	$2.5m0.22%	0.22%	New
77	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	4,893	$2.4m0.22%	0.22%	Reduced -346	-346 -6.6%
78	CAMECO CORP COM CCJ	CCJ	23,250	$2.4m0.21%	0.21%	Reduced -9.5k	-9,501 -29.0%
79	NOVO-NORDISK A S ADR NVO	NVO	49,214	$2.4m0.21%	0.21%	Reduced -16.3k	-16,298 -24.9%
80	CME GROUP INC COM CME	CME	10,674	$2.4m0.21%	0.21%	Reduced -9.2k	-9,236 -46.4%
81	BOOKING HOLDINGS INC COM BKNG	BKNG	11,700	$2.1m0.19%	0.19%	Reduced -250	-250 -2.1%
82	GOLDMAN SACHS GROUP INC COM GS	GS	2,025	$2.0m0.18%	0.18%	Reduced -1.2k	-1,216 -37.5%
83	CENOVUS ENERGY INC COM CVE	CVE	80,184	$2.0m0.18%	0.18%	Reduced -62.0k	-61,978 -43.6%
84	WASTE CONNECTIONS INC COM WCN	WCN	11,776	$2.0m0.18%	0.18%	Reduced -3.7k	-3,656 -23.7%
85	SPACE EXPLORATION TECHN CORP CLASS A COM STK SPCX	SPCX	11,075	$1.9m0.17%	0.17%	New
86	CORNING INC COM GLW	GLW	7,290	$1.9m0.17%	0.17%	Reduced -8.4k	-8,431 -53.6%
87	PETROLEO BRASILEIRO SA PETRO SPONSORED ADR PBR	PBR	113,000	$1.8m0.16%	0.16%	Added +45.0k	+44,999 66.2%
88	UNILEVER PLC SPON ADR NEW UL	UL	29,424	$1.8m0.16%	0.16%	Reduced -15.2k	-15,194 -34.0%
89	TECK RESOURCES LTD CL B TECK	TECK	29,615	$1.8m0.16%	0.16%	Added +114	+114 0.4%
90	THOMSON REUTERS CORP COM TRI	TRI	20,066	$1.6m0.15%	0.15%	New
91	CANADIAN PACIFIC KANSAS CITY COM CP	CP	18,252	$1.6m0.14%	0.14%	Reduced -2.2k	-2,190 -10.7%
92	WHEATON PRECIOUS METALS CORP COM WPM	WPM	13,825	$1.6m0.14%	0.14%	Reduced -1.3k	-1,281 -8.5%
93	INTUIT COM INTU	INTU	5,559	$1.5m0.13%	0.13%	Added +130	+130 2.4%
94	BROADCOM INC COM AVGO	AVGO	3,814	$1.4m0.13%	0.13%	Reduced -6.1k	-6,114 -61.6%
95	PHILIP MORRIS INTL INC COM PM	PM	7,048	$1.3m0.12%	0.12%	Reduced -393	-393 -5.3%
96	CAPITAL ONE FINL CORP COM COF	COF	6,325	$1.3m0.11%	0.11%	Added +4.5k	+4,474 241.7%
97	MORGAN STANLEY COM NEW MS	MS	6,059	$1.3m0.11%	0.11%	Reduced -150	-150 -2.4%
98	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	10,945	$1.3m0.11%	0.11%	Reduced -87	-87 -0.8%
99	NOVARTIS AG SPONSORED ADR NVS	NVS	7,965	$1.2m0.11%	0.11%	Reduced -126	-126 -1.6%
100	NASDAQ INC COM NDAQ	NDAQ	15,725	$1.2m0.11%	0.11%	Reduced -17.1k	-17,101 -52.1%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
ISHARES TR ACWI	ACWI	165,370	$22.9m165.4k shares
FIRST TR EXCHANGE-TRADED FD FCG	FCG	511,001	$16.2m511.0k shares
ISHARES INC RING	RING	42,000	$3.3m42.0k shares
ISHARES INC EWZ	EWZ	55,000	$2.1m55.0k shares
THOMSON REUTERS CORP		19,373	$1.8m19.4k shares
BOEING CO BA	BA	3,226	$643.9k3.2k shares
ALMONTY INDS INC ALM	ALM	30,000	$434.4k30.0k shares
HECLA MNG CO HL	HL	19,000	$354.0k19.0k shares
CIRCLE INTERNET GROUP INC CRCL	CRCL	3,000	$286.2k3.0k shares
DIREXION SHS ETF TR SPXS	SPXS	5,001	$203.1k5.0k shares