TFI International Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

TSX:TFII Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
28 Oct 24	BuyCA$121,714	John Pratt	Individual	650	CA$187.25
28 Oct 24	BuyCA$70,321	Leslie Abi-Karam	Individual	372	CA$189.03
29 Jul 24	BuyCA$73,596	Debra Kelly-Ennis	Individual	350	CA$210.27
29 Jul 24	BuyCA$72,588	Leslie Abi-Karam	Individual	340	CA$213.49
14 May 24	BuyCA$399,280	Sebastien Martel	Individual	2,110	CA$189.23
02 May 24	BuyCA$204,827	John Pratt	Individual	1,132	CA$180.94
02 May 24	BuyCA$91,108	Debra Kelly-Ennis	Individual	500	CA$182.22
30 Apr 24	BuyCA$69,773	Leslie Abi-Karam	Individual	385	CA$181.23
29 Apr 24	BuyCA$187,423	Diane Giard	Individual	1,000	CA$187.42
26 Apr 24	BuyCA$160,265	John Pratt	Individual	819	CA$195.68
27 Feb 24	SellCA$4,033,480	Alain Bedard	Individual	20,000	CA$201.67
20 Feb 24	BuyCA$292,064	Sebastien Martel	Individual	1,500	CA$194.71

Insider Trading Volume

Insider Buying: TFII insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of TFII?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	1,215	0.00144%
Individual Insiders	5,040,517	5.96%
General Public	17,778,869	21%
Institutions	61,815,586	73%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 62.51% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
14.8%	Capital Research and Management Company	12,532,953	CA$2.5b	-13.8%	0.08%
5.69%	Alain Bedard	4,819,806	CA$958.9m	2.96%	no data
4.82%	Fidelity International Ltd	4,081,871	CA$812.0m	36.9%	0.24%
4.49%	Janus Henderson Group plc	3,800,093	CA$756.0m	-0.04%	0.22%
3.99%	Caisse de dépôt et placement du Québec	3,380,696	CA$672.6m	28.3%	0.47%
3.99%	Wellington Management Group LLP	3,377,211	CA$671.9m	19%	0.08%
3.86%	FMR LLC	3,263,313	CA$649.2m	-10.4%	0.03%
3.75%	The Vanguard Group, Inc.	3,170,179	CA$630.7m	1.4%	0.01%
1.96%	Manulife Asset Management	1,658,357	CA$329.9m	7.11%	0.18%
1.69%	RBC Dominion Securities Inc., Asset Management Arm	1,431,394	CA$284.8m	-0.81%	0.23%
1.55%	Fédération des Caisses Desjardins du Québec, Asset Management Arm	1,312,907	CA$261.2m	-8.06%	1.05%
1.47%	1832 Asset Management L.P.	1,248,126	CA$248.3m	6.45%	0.24%
1.47%	Norges Bank Investment Management	1,242,373	CA$247.2m	0%	0.01%
1.18%	Turtle Creek Asset Management Inc.	997,976	CA$198.5m	0.72%	3.34%
1%	National Bank Investments Inc.	848,965	CA$168.9m	-3.5%	0.16%
0.97%	Arrowstreet Capital, Limited Partnership	819,034	CA$162.9m	41.4%	0.09%
0.91%	BMO Asset Management Corp.	769,192	CA$153.0m	-7.9%	0.04%
0.9%	Merrill Lynch & Co. Inc., Banking Investments	759,558	CA$151.1m	35%	0.04%
0.7%	CI Global Asset Management	593,846	CA$118.1m	-28%	0.17%
0.64%	Dixon Mitchell Investment Counsel, Inc.	539,815	CA$107.4m	0.37%	3.21%
0.61%	Mackenzie Financial Corporation	517,143	CA$102.9m	0.13%	0.08%
0.56%	Canadian Imperial Bank of Commerce, Asset Management Arm	472,748	CA$94.0m	-6.72%	0.15%
0.52%	Maple Rock Capital Partners Inc.	436,999	CA$86.9m	43.8%	3.68%
0.5%	Legal & General Investment Management Limited	419,721	CA$83.5m	1.95%	0.01%
0.49%	Baskin Financial Services Inc.	411,411	CA$81.8m	-1.08%	4.66%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 02:07
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

TFI International Inc. is covered by 29 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Will Chien	Accountability Research Corporation
Maxim Sytchev	ATB Capital Markets
Fadi Chamoun	BMO Capital Markets Equity Research