SCHEDULE 13G/A: Institutional Investors Disclose Passive Stakes in Gildan Activewear

Multiple Canadian financial institutions, including Jarislowsky, Fraser Limited, have disclosed their passive beneficial ownership stakes in Gildan Activewear Inc., collectively holding 4.95% of common shares.

Summary

• Four Canadian financial institutions, 1832 Asset Management L.P., MD Financial Management Inc., Scotia McLeod (a division of Scotia Capital Inc.), and Jarislowsky, Fraser Limited, have filed an Amendment No. 3 to Schedule 13G regarding their beneficial ownership of Gildan Activewear Inc. Common Shares.
• Collectively, these reporting persons beneficially own 7,518,211 common shares, representing 4.95% of the class.
• Jarislowsky, Fraser Limited holds the largest individual stake among the group, with 6,963,062 shares, accounting for 4.5811% of the class.
• 1832 Asset Management L.P. holds 332,066 shares, representing 0.2185% of the class.
• Scotia McLeod, a division of Scotia Capital Inc., holds 112,542 shares, representing 0.074% of the class.
• MD Financial Management Inc. holds 110,541 shares, representing 0.0727% of the class.
• The shares are certified as acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The document is a routine beneficial ownership disclosure (Schedule 13G) and does not contain information that would inherently indicate positive or negative sentiment regarding the company's performance or outlook. It merely reports passive ownership stakes.

Future Outlook

NA

Industry Context

This filing indicates continued institutional interest in Gildan Activewear, a major player in the apparel industry, by Canadian financial institutions. It reflects routine disclosure of passive investment stakes.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant passive ownership stakes held by institutional investors.

Key Dates

Keywords

Gildan Activewear Inc., Schedule 13G, Beneficial Ownership, Institutional Investors, Common Shares, 1832 Asset Management L.P., MD Financial Management Inc., Scotia McLeod, Jarislowsky, Fraser Limited, Passive Investment