Mackenzie Financial Boosts Dollar General Stake by Over 500%

Investment firm sees major increase in holdings of discount retailer

Mar. 13, 2026 at 10:06am

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Mackenzie Financial Corp. significantly increased its stake in Dollar General Corporation, boosting its holdings by 514.4% in the third quarter according to a recent SEC filing. The investment firm now owns 434,410 shares of the discount retail chain, worth approximately $44.9 million.

Why it matters

The large increase in Mackenzie Financial's Dollar General holdings suggests the investment firm sees significant potential in the discount retailer's future performance. This could signal growing confidence among institutional investors in Dollar General's business model and growth prospects.

The details

According to the SEC filing, Mackenzie Financial purchased an additional 363,707 shares of Dollar General in the third quarter, bringing its total holdings to 434,410 shares. This represents a 514.4% increase from the previous quarter. Dollar General is a major discount retail chain operating over 18,000 stores across the United States, offering a wide range of everyday consumables and household goods.

  • Mackenzie Financial increased its Dollar General holdings in the third quarter of 2026.

The players

Mackenzie Financial Corp

An investment management firm that significantly increased its stake in Dollar General Corporation.

Dollar General Corporation

A major discount retail chain operating over 18,000 stores across the United States, offering a wide range of everyday consumables and household goods.

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The takeaway

Mackenzie Financial's substantial increase in its Dollar General holdings suggests the investment firm sees strong potential in the discount retailer's future performance. This could indicate growing institutional confidence in Dollar General's business model and growth prospects.