| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| CAISSE DE DEPOT ET PLACEMENT DU QUEBEC | 8.6% | +24% | $784,096,258 | +$155,175,530 | 7,085,634 | +25% | CAISSE DE DEPOT ET PLACEMENT DU QUEBEC | 31 Dec 2025 |
| FIL Ltd | 6.9% | $472,494,477 | 5,814,601 | FIL Limited | 31 Dec 2024 | |||
| Capital International Investors | 4.9% | $338,926,846 | 4,170,894 | Capital International Investors | 31 Dec 2024 | |||
| 1832 Asset Management L.P. | 4% | $272,847,045 | 3,304,033 | Jarislowsky, Fraser Limited | 30 Jun 2025 | |||
| Capital Research Global Investors | 2.6% | $175,054,599 | 2,154,253 | Capital Research Global Investors | 31 Mar 2025 |
As of 30 Sep 2025, 232 institutional investors reported holding 53,492,847 shares of TFI International Inc. - Common Stock (TFII). This represents 65% of the company’s total 82,391,093 outstanding shares.
The largest institutional shareholders of TFI International Inc. - Common Stock (TFII) together control 53% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| FIL Ltd | 7.3% | 6,045,977 | +7.8% | 0.42% | $532,091,156 |
| Caisse de depot et placement du Quebec | 6.9% | 5,683,361 | +40% | 0.9% | $500,286,077 |
| JANUS HENDERSON GROUP PLC | 4.6% | 3,771,380 | +5.6% | 0.15% | $332,107,630 |
| VANGUARD GROUP INC | 4.1% | 3,373,562 | +1.9% | 0% | $296,897,071 |
| JARISLOWSKY, FRASER Ltd | 3.9% | 3,201,844 | -3.1% | 1.5% | $281,846,954 |
| FMR LLC | 3% | 2,457,020 | +27% | 0.01% | $216,262,128 |
| ROYAL BANK OF CANADA | 2.9% | 2,366,602 | -11% | 0.04% | $208,403,000 |
| Federation des caisses Desjardins du Quebec | 2.6% | 2,165,037 | +13% | 0.75% | $190,300,455 |
| TURTLE CREEK ASSET MANAGEMENT INC. | 2.2% | 1,820,727 | -5.7% | 4.8% | $160,333,220 |
| NATIONAL BANK OF CANADA /FI/ | 1.8% | 1,490,328 | +13% | 0.15% | $130,837,185 |
| Maple Rock Capital Partners Inc. | 1.3% | 1,098,362 | -4.3% | 3.9% | $96,721,758 |
| 1832 Asset Management L.P. | 1.3% | 1,069,828 | -5.4% | 0.16% | $94,209,054 |
| GOLDMAN SACHS GROUP INC | 1.2% | 1,028,446 | +19% | 0.01% | $90,564,955 |
| BAILLIE GIFFORD & CO | 1.2% | 1,019,178 | -3% | 0.07% | $89,714,622 |
| Dixon Mitchell Investment Counsel Inc. | 1.1% | 912,039 | +11% | 2.9% | $80,718,003 |
| BANK OF MONTREAL /CAN/ | 1.1% | 886,183 | -1.1% | 0.03% | $77,973,415 |
| CIBC WORLD MARKET INC. | 0.89% | 729,366 | +6.8% | 0.13% | $64,175,824 |
| TD Asset Management Inc | 0.86% | 707,618 | +40% | 0.05% | $62,289,099 |
| GEODE CAPITAL MANAGEMENT, LLC | 0.84% | 695,310 | +9.9% | 0% | $61,412,222 |
| Connor, Clark & Lunn Investment Management Ltd. | 0.84% | 692,787 | +61% | 0.19% | $60,956,899 |
| CITADEL ADVISORS LLC | 0.74% | 608,033 | -41% | 0.04% | $53,543,386 |
| MORGAN STANLEY | 0.69% | 569,919 | -56% | 0% | $50,187,155 |
| TWO SIGMA INVESTMENTS, LP | 0.63% | 522,498 | +12% | 0.07% | $46,011,174 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 0.56% | 463,084 | +33% | 0.03% | $40,763,606 |
| QV Investors Inc. | 0.54% | 441,478 | +25% | 3.4% | $38,862,000 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 29,252,044 | $3,030,698,845 | +$584,902,140 | $103.36 | 173 |
| 2025 Q3 | 53,492,847 | $4,714,775,540 | -$109,455,516 | $88.06 | 232 |
| 2025 Q2 | 54,772,144 | $4,917,635,071 | -$8,046,891 | $89.67 | 250 |
| 2025 Q1 | 55,381,088 | $4,288,717,623 | -$509,205,736 | $77.45 | 251 |
| 2024 Q4 | 58,705,957 | $7,930,451,561 | +$213,112,257 | $135.09 | 289 |
| 2024 Q3 | 57,079,322 | $7,820,779,313 | -$152,167,961 | $136.89 | 287 |
| 2024 Q2 | 58,092,654 | $8,426,019,487 | +$192,109,204 | $145.16 | 272 |
| 2024 Q1 | 54,084,639 | $8,623,856,628 | -$182,112,432 | $159.46 | 285 |
| 2023 Q4 | 73,191 | $9,969,074 | +$6,183,149 | $136.33 | 2 |
| 2023 Q3 | 54,359,117 | $6,985,835,816 | +$393,058,158 | $128.41 | 243 |
| 2023 Q2 | 51,392,804 | $5,860,625,435 | -$327,798,822 | $113.96 | 233 |
| 2023 Q1 | 54,193,970 | $6,473,517,943 | +$208,770,104 | $119.29 | 233 |
| 2022 Q4 | 52,642,432 | $5,284,100,645 | +$45,073,001 | $100.24 | 218 |
| 2022 Q3 | 51,449,224 | $4,663,527,579 | +$103,277,309 | $90.49 | 193 |
| 2022 Q2 | 52,492,872 | $4,210,577,047 | -$188,714,700 | $80.27 | 195 |
| 2022 Q1 | 54,855,954 | $5,845,571,634 | +$32,548,454 | $106.51 | 196 |
| 2021 Q4 | 54,444,157 | $6,099,046,550 | -$218,849,505 | $112.11 | 197 |
| 2021 Q3 | 55,913,531 | $5,787,624,642 | +$261,977,409 | $102.19 | 190 |
| 2021 Q2 | 53,455,127 | $4,949,736,846 | +$458,816,506 | $91.23 | 165 |
| 2021 Q1 | 48,715,491 | $3,692,546,485 | +$345,206,102 | $74.83 | 167 |
| 2020 Q4 | 42,046,029 | $2,176,151,976 | +$79,828,646 | $51.50 | 129 |
| 2020 Q3 | 39,429,387 | $1,658,614,394 | +$316,127,886 | $41.82 | 120 |
| 2020 Q2 | 32,425,997 | $1,152,383,017 | +$42,524,498 | $35.45 | 99 |
| 2020 Q1 | 31,808,086 | $699,813,472 | +$698,851,664 | $22.08 | 91 |
| 2019 Q4 | 460,017 | $13,527,000 | +$13,525,012 | $73.52 | 2 |
| 2019 Q3 | 460,017 | $13,527,000 | +$11,237,014 | $73.52 | 2 |
| 2019 Q2 | 75,463 | $2,290,000 | +$1,034,036 | $73.99 | 2 |
| 2019 Q1 | 41,366 | $1,224,000 | +$1,221,999 | $73.60 | 2 |
| 2018 Q3 | 0 | $0 | -$11,753,000 | $110.66 | 0 |
| 2018 Q2 | 460,000 | $11,753,000 | -$4,471,250 | $25.55 | 1 |
| 2018 Q1 | 635,000 | $16,321,000 | +$10,537,984 | $25.70 | 1 |
| 2017 Q4 | 225,000 | $5,878,000 | +$5,877,990 | $26.12 | 1 |