Home / Leaderboard / Mackenzie Investments Europe Limited
Mackenzie Investments Europe Limited
Seamus Kelly · Asset Manager · Multi-Strategy
Mackenzie Investments Europe Limited (MIEL) is the Dublin-based investment management subsidiary of Mackenzie Investments, a premier Canadian global asset manager established in 1967. Regulated by the Central Bank of Ireland and registered with the SEC, MIEL provides comprehensive investment services to professional and institutional investors. The firm operates within a multi-boutique framework, allowing specialized teams to maintain independent investment processes while benefiting from the global resources of the broader Mackenzie organization. MIEL focuses on a variety of mandates, including European and global small-to-mid-cap equities, fixed income, and quantitative strategies. Its approach is characterized by deep fundamental research and the integration of environmental, social, and governance (ESG) factors to identify high-quality companies with sustainable competitive advantages. As a part of the IGM Financial Inc. group, MIEL combines boutique-style agility with the financial strength and scale of one of Canada's largest independent asset management firms, aiming to deliver consistent long-term risk-adjusted returns for its clients.
Simulated Performance
| Metric | Value |
|---|---|
| Total return | +18.4% |
| YTD return | +8.1% |
| Sharpe ratio | 3.44 |
| Win rate | 40% |
| AUM | $1.1B |
| Inception | Oct 1, 2025 |
| Updated | Sep 3, 2026 |
Institution Status
| Field | Value |
|---|---|
| AUM | $1.1B |
| Turnover | Low (<15%) |
| Avg holding | 18 Months |
| Inception | Oct 1, 2025 |
| Website | https://www.mackenzieinvestments.com |
Current Holdings
Updated on Sep 3, 2026.
| Ticker | Name | Portfolio % | Return |
|---|---|---|---|
| TSM | Taiwan Semiconductor Manufacturing | 16.5% | +35.1% |
| BNPQY | BNP Paribas SA ADR | 7.9% | -0.0% |
| AZN | AstraZeneca PLC | 7.6% | -3.0% |
| SHEL | Shell PLC ADR | 5.6% | +23.9% |
| BTI | British American Tobacco p.l.c. | 5.5% | +6.9% |
| AXAHY | Axa SA ADR | 5.4% | 0.0% |
| SIEGY | Siemens AG ADR | 5.2% | +6.7% |
| CFRUY | Compagnie Financiere Richemont | 4.8% | -0.0% |
| MAKSY | Marks & Spencer Group Plc | 4.4% | 0.0% |
| SAP | SAP SE ADR | 4.4% | +33.2% |
| BCS | Barclays PLC ADR | 4.3% | +23.8% |
| IFNNY | Infineon Technologies AG ADR | 4.2% | 0.0% |
| RYCEY | Rolls Royce Holdings plc | 3.5% | 0.0% |
| UL | Unilever PLC ADR | 3.3% | -2.9% |
| HEINY | Heineken NV | 3.3% | 0.0% |
| SDVKY | Sandvik AB ADR | 3.1% | -0.0% |
| ASMIY | ASM International NV ADR | 2.9% | +0.0% |
| BBVA | Banco Bilbao Viscaya Argentaria SA ADR | 2.8% | +15.8% |
| DTEGY | Deutsche Telekom AG ADR | 2.8% | 0.0% |
| NWG | Natwest Group PLC | 2.7% | -0.1% |
Recent activity
| Date | Action | Ticker | Weight |
|---|---|---|---|
| Aug 3, 2026 | BUY | DTEGY | 2.8% → 2.8% |
| Aug 3, 2026 | SELL | IFNNY | 4.4% → 4.2% |
| Aug 3, 2026 | SELL | BBVA | 2.7% → 2.8% |
| Aug 3, 2026 | BUY | SDVKY | 3.0% → 3.1% |
| Aug 3, 2026 | BUY | HEINY | 3.2% → 3.3% |
Investment Style Analysis
Mackenzie Investments Europe Limited is widely recognized for employing a Multi-Strategy strategy. As of Sep 3, 2026, the firm oversees approximately $1.1B in assets under management (AUM). The portfolio demonstrates a clear preference for the Semiconductors and Banks - Regional sectors, reflecting a high-conviction approach to capital allocation.
Recent Market Moves
During the latest rebalancing period ending Aug 3, Mackenzie Investments Europe Limited made a significant move by increasing exposure to DTEGY. This adjustment aligns with the fund's dynamic approach to risk management and capital deployment in current market conditions.
Investment Philosophy
The firm's investment philosophy is rooted in a fundamental, research-driven approach that prioritizes the identification of undervalued companies with sustainable competitive advantages. By employing a bottom-up analysis, the investment team seeks businesses with high or improving returns on invested capital and credible management teams. A core component of their strategy is the integration of Environmental, Social, and Governance (ESG) factors into the decision-making process to mitigate risks and capitalize on long-term trends. The philosophy emphasizes independent thinking within a boutique structure, allowing for specialized expertise across diverse asset classes, from global equities to sustainable fixed income, with the ultimate goal of achieving superior risk-adjusted returns regardless of market conditions.
Disclaimer
The content provided on this page, including the simulated portfolio performance, holdings analysis, and AI-generated insights, is for informational and educational purposes only. It does not constitute financial advice, investment recommendations, or an offer to buy or sell any securities. All data is derived from historical SEC 13F filings and other public disclosures, which have a reporting lag. The "Simulated Performance" is a hypothetical reconstruction based on past disclosures and does not represent the actual returns of the institution. Past performance is not indicative of future results. Tritonix.ai is not affiliated with Mackenzie Investments Europe Limited.
Similar Investment Style
Based on Multi-Strategy.
- Sandoz Family Office SA — Marc Duc · 3M +7.8%
- BB Gestão de Recursos - Distribuidora de Títulos e Valores Mobiliários S.A. — Denísio Liberato · 3M +6.8%
- Wolverine Trading, LLC — Robert Bellick · 3M +2.5%
- Amundi Asset Management US, Inc. — Marco Pirondini · 3M +2.2%
Frequently asked questions
How is the simulated portfolio for Mackenzie Investments Europe Limited constructed?
This simulation is powered by Tritonix AI using official SEC filings. We focus on the "Best Ideas" by filtering for only the Top 20 largest holdings and rebalancing them to 100%. The simulation tracks performance starting from Oct 1, 2025. Our AI monitors for updates every Monday to capture major shifts. This concentrated approach highlights the manager's true stock-picking skill and mirrors their actual investment returns.
What is Mackenzie Investments Europe Limited's largest holding?
As of the latest filing, Mackenzie Investments Europe Limited's top position is Taiwan Semiconductor Manufacturing (TSM), representing 16.5% of the portfolio. This reflects a high-conviction bet by the institution.
What is Mackenzie Investments Europe Limited's historical performance and risk profile?
Our simulation indicates a total return of +18.4% with a win rate of 40%. Notably, the portfolio maintains a Sharpe Ratio of 3.44, suggesting an exceptional level of risk-adjusted returns compared to the broader market.
What sectors does Mackenzie Investments Europe Limited primarily invest in?
Mackenzie Investments Europe Limited has a strong preference for the Semiconductors sector, which makes up 20.6% of their disclosed assets. The portfolio also has exposure to Banks - Regional, indicating a specific thematic focus.
Is Mackenzie Investments Europe Limited's portfolio concentrated or diversified?
Mackenzie Investments Europe Limited runs a moderately concentrated portfolio with 20 disclosed positions. The top 3 holdings alone account for 31.9% of the total portfolio weight, suggesting a strategy that favors broader market exposure.
How has Mackenzie Investments Europe Limited performed in 2026?
Our AI-simulated model portfolio for Mackenzie Investments Europe Limited tracks a Year-to-Date (YTD) return of +8.1%. This metric helps investors gauge the institution's effectiveness in the current market environment.
Does Seamus Kelly manage Mackenzie Investments Europe Limited directly?
Yes, Seamus Kelly serves as the key portfolio manager for Mackenzie Investments Europe Limited, overseeing the investment strategy and final capital allocation decisions.