Gildan Activewear Inc. SEC Filing

Gildan Activewear Inc. (GIL) received an amended Schedule 13G/A from Canadian affiliates including 1832 Asset Management L.P., MD Financial Management Inc., Scotia McLeod (Scotia Capital Inc.), and Jarislowsky, Fraser Limited.

Accepted by SEC EDGAR 10/16/2025 - 03:13 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Gildan Activewear Inc. (GIL) received an amended Schedule 13G/A from Canadian affiliates including 1832 Asset Management L.P., MD Financial Management Inc., Scotia McLeod (Scotia Capital Inc.), and Jarislowsky, Fraser Limited. The filing reports beneficial ownership of 7,172,304 common shares, representing 4.81% of the class.

The reporting persons disclose sole voting power and sole dispositive power over 7,172,304 shares, with no shared power. The event triggering the filing is dated 09/30/2025. The certification states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. Jarislowsky, Fraser Limited’s line item shows 6,846,686 shares (4.593%) as part of the aggregate reported position. The filing also notes ownership of 5 percent or less of the class.

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

GILDAN ACTIVEWEAR INC.

(Name of Issuer)

Common Shares

(Title of Class of Securities)

375916103

(CUSIP Number)

09/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 375916103

1

Names of Reporting Persons

1832 Asset Management L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

ONTARIO, CANADA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 117,204.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 117,204.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

117,204.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.0786 %

12

Type of Reporting Person (See Instructions)

FI

SCHEDULE 13G

CUSIP No. 375916103

1

Names of Reporting Persons

MD Financial Management Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

ONTARIO, CANADA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 104,753.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 104,753.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

104,753.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.0703 %

12

Type of Reporting Person (See Instructions)

FI

SCHEDULE 13G

CUSIP No. 375916103

1

Names of Reporting Persons

Scotia McLeod, a division of Scotia Capital Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

ONTARIO, CANADA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 103,661.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 103,661.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

103,661.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.0695 %

12

Type of Reporting Person (See Instructions)

FI

SCHEDULE 13G

CUSIP No. 375916103

1

Names of Reporting Persons

Jarislowsky, Fraser Limited

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

QUEBEC, CANADA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 6,846,686.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 6,846,686.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,846,686.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.593 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: GILDAN ACTIVEWEAR INC.
(b)	Address of issuer's principal executive offices: 600 De Maisonneuve Blvd. West, 33rd Floor, Montreal, QUEBEC, CANADA H3A 3J2
Item 2.
(a)	Name of person filing: 1832 Asset Management L.P. MD Financial Management Inc. Scotia McLeod, a division of Scotia Capital Inc. Jarislowsky, Fraser Limited
(b)	Address or principal business office or, if none, residence: Scotiabank North, 40 Temperance Street, 16th Floor, Toronto, Ontario, M5H 0B4, Canada 1870 Alta Vista Drive, Ottawa, Ontario, K1G 6R7, Canada 40 King St. West, Scotia Plaza, 52nd Floor, Toronto, Ontario, M5W 2X6, Canada 1010 Sherbrooke St. West, 20th Floor, Montreal, Quebec, Canada, H3A 2R7
(c)	Citizenship: Canadian Canadian Canadian Canadian
(d)	Title of class of securities: Common Shares
(e)	CUSIP No.: 375916103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
	If filing in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: investment adviser and broker dealer
Item 4.	Ownership
(a)	Amount beneficially owned: 7,172,304
(b)	Percent of class: 4.81 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 7,172,304
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 7,172,304
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to Investment Fund Manager and Portfolio Manager is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

1832 Asset Management L.P.

Signature:	/s/ Kevin Brown
Name/Title:	Vice President, Asset Management Compliance, Bank of Nova Scotia
Date:	10/16/2025

MD Financial Management Inc.

Signature:	/s/ Kevin Brown
Name/Title:	Vice President, Asset Management Compliance, Bank of Nova Scotia
Date:	10/16/2025

Scotia McLeod, a division of Scotia Capital Inc.

Signature:	/s/ Kevin Brown
Name/Title:	Vice President, Asset Management Compliance, Bank of Nova Scotia
Date:	10/16/2025

Jarislowsky, Fraser Limited

Signature:	/s/ Kevin Brown
Name/Title:	Vice President, Asset Management Compliance, Bank of Nova Scotia
Date:	10/16/2025

Comments accompanying signature: After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Exhibit Information

Exhibit 1 - Joint Filing Agreement Exhibit 2 - Power of Attorney