Mackenzie Financial Corp Increases Stake in General Motors

Investment firm boosts position in automaker by 8.3% in Q3

Mar. 13, 2026 at 10:05am

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Mackenzie Financial Corp, an institutional investor, increased its holdings in shares of General Motors Company (NYSE:GM) by 8.3% during the third quarter, according to a recent SEC filing. The firm now owns 817,729 shares of the auto manufacturer's stock, worth $49.9 million as of the end of the quarter.

Why it matters

This investment move by Mackenzie Financial Corp suggests the firm sees continued growth potential in General Motors, one of the world's largest automakers. The increase in stake comes as GM has been making strides in electric vehicle development and other strategic initiatives.

The details

Mackenzie Financial Corp purchased an additional 62,952 shares of GM stock during the third quarter, bringing its total position to 817,729 shares. This represents 0.09% ownership of the company. The investment firm cited GM's strong performance and future outlook as reasons for boosting its stake in the automaker.

  • Mackenzie Financial Corp increased its GM holdings during the third quarter of 2026.

The players

Mackenzie Financial Corp

A Canadian investment management firm that oversees over $200 billion in assets.

General Motors Company

A global automotive manufacturer headquartered in Detroit, Michigan, known for brands like Chevrolet, GMC, Cadillac and Buick.

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The takeaway

Mackenzie Financial's increased stake in GM suggests the firm sees long-term growth potential in the automaker as it navigates the shift to electric vehicles and other industry changes. This investment move could signal confidence in GM's strategic direction and future performance.