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Table 4 Shareholder ownership of publicly listed packaged food manufacturers, non-alcoholic beverage manufacturers and grocery retailers in Canada

From: The structure of the Canadian packaged food and non-alcoholic beverage manufacturing and grocery retailing sectors through a public health lens

National brand owner with ≥ 1% market share in Canada

Parent company

Top 3 investors (percent ownership [%]) a

Percent ownership by 3 large asset managers (%) b

The Vanguard Group, Inc

BlackRock Institutional Trust Company

State Street Global Advisors (US)

A. Lassonde Inc

Lassonde Industries Inc

QV Investors Inc. (14.54)

Fidelity Management & Research Company LLC (7.30)

Tweedy, Browne Company LLC (4.59)

-

-

-

Sun-Rype Products Ltd

Alimentation Couche-Tard Inc

-

Développements Orano, Inc. (9.97)

D'Amours (Jacques) (5.7)

Fortin (Richard) (3.13)

2.01

1.17

-

Cadbury Adams Canada Inc

Mondelez International Inc

The Vanguard Group, Inc. (8.18)

State Street Global Advisors (US) (4.61)

BlackRock Institutional Trust Company, N.A. (4.31)

8.18

4.31

4.61

Mondelez Canada Inc

Campbell Company of Canada

Campbell Soup Co

Malone (Mary Alice D) (17.66)

Dorrance (Bennett) (14.89)

The Vanguard Group, Inc. (7.25)

7.25

3.89

3.46

Canada Bread Co (Bimbo Canada)

Grupo Bimbo SAB de CV

Normaciel, S.A. de C.V. (39.25)

Promociones Monser, S.A. de C.V. (12.3)

Philae, S.A. de C.V. (4.95)

1.58

-

-

Canada Dry Motts Inc

Keurig Dr Pepper Inc

Maple Holdings BV (32.88)

Mondelez International Inc (5.33)

BDT Capital Partners, LLC (4.82)

3.19

1.53

1.09

Snapple Beverage Corp

Coca-Cola Ltd

Coca Cola Co

Berkshire Hathaway Inc. (9.23)

The Vanguard Group, Inc. (7.89)

BlackRock Institutional Trust Company, N.A. (4.12)

7.89

4.12

3.93

Minute Maid Co of Canada

Danone Canada Inc

Danone SA

BlackRock Institutional Trust Company, N.A. (6.15)

MFS Investment Management (4.99)

Artisan Partners Limited Partnership [Activist] (4.95)

2.40

6.15

-

Frito-Lay Canada

PepsiCo Inc

The Vanguard Group, Inc. (8.86)

BlackRock Institutional Trust Company, N.A. (4.73)

State Street Global Advisors (US) (4.26)

8.86

4.73

4.26

PepsiCo Beverages Canada

General Mills Canada Corp

General Mills Inc

The Vanguard Group, Inc. (8.41)

State Street Global Advisors (US) (5.71)

Capital International Investors (5.61)

8.41

5.10

5.71

George Weston Ltd

-

Weston (Willard Galen Garfield) (53.56)

RBC Global Asset Management Inc. (3.68)

CIBC Asset Management Inc. (1.45)

1.33

-

-

Kellogg Canada Inc

Kellogg Co

Kellogg W.K. Foundation Trust (17.12)

The Vanguard Group, Inc. (8.40)

Gund (Gordon) (6.39)

8.40

5.19

4.19

Kraft Heinz Canada ULC

Kraft Heinz Co

Berkshire Hathaway Inc. (26.61)

3G Capital Management, Inc. (15.14)

The Vanguard Group, Inc. (4.57)

4.57

2.58

2.61

Loblaw Cos Ltd

George Weston

George Weston Ltd (47.21)

RBC Global Asset Management Inc. (1.60)

TD Asset Management Inc. (1.41)

1.29

-

-

Maple Leaf Foods Inc

Maple Leaf Foods Inc

McCain (Michael Harrison) (39.04)

RBC Global Asset Management Inc. (8.60)

The Vanguard Group, Inc. (1.61)

1.61

-

-

Schneider Corp

Metro Inc

-

Fidelity Management & Research Company LLC (17.26)

TD Asset Management Inc. (2.97)

The Vanguard Group, Inc. (2.76)

2.76

1.74

-

Nestlé Canada Inc

Nestlé SA

BlackRock Institutional Trust Company, N.A. (5.04)

Capital Research Global Investors (3.81)

The Vanguard Group, Inc. (2.72)

2.72

5.04

-

Saputo Inc

-

Jolina Capital, Inc. (31.40)

Placements Italcan Inc (10.24)

Beutel, Goodman & Company Ltd. (2.32)

1.53

-

-

Sobeys Inc

Empire Co Ltd

BMO Asset Management Inc. (4.09)

CI Global Asset Management (3.53)

Jarislowsky Fraser, Ltd. (2.94)

2.65

1.22

-

Unilever Canada Inc

Unilever PLC

BlackRock Institutional Trust Company, N.A. (6.57)

The Vanguard Group, Inc. (3.17)

Leverhulme Trust (1.83)

3.17

6.57

-

Wal-Mart Canada Inc

Walmart Inc

Walton Enterprises, L.L.C. (46.59)

The Vanguard Group, Inc. (4.51)

BlackRock Institutional Trust Company, N.A. (2.25)

4.51

2.25

2.19

  1. aData obtained from Refinitv Eikon in March 2022
  2. bPercent shareholder ownership if ≥ 1.00% of outstanding shares in the publicly listed company