Scheer, Rowlett & Associates Investment Management Ltd. Long-Term Concentrated

Name: Scheer, Rowlett & Associates Investment Management Ltd. Q1 2014 13F Filing | 13F Explorer
Creator: Scheer, Rowlett & Associates Investment Management Ltd.
Published: 2014-08-14

Location: Toronto, Ontario, Canada

CIK: 0001426327 · Show all filings

Period: Q1 2014 (← Previous) (Next →)

Filing Date: Aug 14, 2014

Total Value: $3.891B (100.0% shares, 0.0% debt)

Holdings (24)

TD Toronto-Dominion Bank 11.0%

Value $427M Shares 8,241,913 Share Price $51.83 * Est. Cost/Share $42.37 Unrealized @ Report Date +6.4%

BNS Bank of Nova Scotia 10.3%

Value $402M Shares 6,274,876 Share Price $64.03 * Est. Cost/Share $30.36 Unrealized @ Report Date +5.1%

RY Royal Bank of Canada 9.6%

Value $373M Shares 5,111,004 Share Price $72.89 * Est. Cost/Share $59.71 Unrealized @ Report Date +8.3%

SU Suncor Energy Inc. 8.5%

Value $330M Shares 8,548,849 Share Price $38.61 * Est. Cost/Share $19.64 Unrealized @ Report Date +12.5%

CM Canadian Imperial Bank of Commerce 7.9%

Value $306M Shares 3,208,348 Share Price $95.25 * Est. Cost/Share $20.76 Unrealized @ Report Date +12.4%

CNQ Canadian Natural Resources Ltd. 6.6%

Value $258M Shares 6,095,058 Share Price $42.37 * Est. Cost/Share $8.76 Unrealized @ Report Date +19.7%

CNI Canadian National Railway 4.9%

Value $192M Shares 3,093,609 Share Price $62.11 * Est. Cost/Share $41.50 Unrealized @ Report Date +7.4%

CVE Cenovus Energy Inc. 4.8%

Value $187M Shares 5,850,115 Share Price $31.97 * Est. Cost/Share $22.44 Unrealized @ Report Date -7.6%

— Agrium Inc. 4.3%

Value $167M Shares 1,548,599 Share Price $107.73 Est. Cost/Share $91.28 Unrealized @ Report Date —

TU Telus Corp. 3.6%

Value $142M Shares 3,572,205 Share Price $39.63 * Est. Cost/Share $17.27 Unrealized @ Report Date -0.2%

MGA Magna International Inc. Class A 3.4%

Value $134M Shares 1,258,596 Share Price $106.28 * Est. Cost/Share $22.60 Unrealized @ Report Date +41.8%

— Barrick Gold Corp. 3.2%

Value $124M Shares 6,324,099 Share Price $19.68 Est. Cost/Share $16.60 Unrealized @ Report Date —

TECK Teck Resources Ltd. 3.0%

Value $115M Shares 4,836,632 Share Price $23.86 * Est. Cost/Share $25.95 Unrealized @ Report Date -10.6%

MFC Manulife Financial Corp. 2.9%

Value $113M Shares 5,304,588 Share Price $21.32 * Est. Cost/Share $15.16 Unrealized @ Report Date +26.2%

RCI Rogers Comm Inc. Class B 2.7%

Value $106M Shares 2,316,978 Share Price $45.81 * Est. Cost/Share $47.39 Unrealized @ Report Date -14.0%

— Talisman Energy Inc. 2.7%

Value $103M Shares 9,385,852 Share Price $11.02 Est. Cost/Share $11.02 Unrealized @ Report Date —

— Potash Corp. of Saskatchewan 2.3%

Value $87.64M Shares 2,191,514 Share Price $39.99 Est. Cost/Share $40.12 Unrealized @ Report Date —

— Precision Drilling Corp. 2.2%

Value $84.91M Shares 6,412,996 Share Price $13.24 Est. Cost/Share $9.20 Unrealized @ Report Date —

SLF Sun Life Financial Inc. 2.1%

Value $82.22M Shares 2,147,740 Share Price $38.28 * Est. Cost/Share $30.41 Unrealized @ Report Date +13.2%

GIL Gildan Activewear Class A 1.9%

Value $73.43M Shares 1,318,091 Share Price $55.71 * Est. Cost/Share $16.97 Unrealized @ Report Date +28.0%

BCE BCE Inc. 0.8%

Value $29.84M Shares 626,695 Share Price $47.62 * Est. Cost/Share $22.29 Unrealized @ Report Date -3.5%

CCJ Cameco Corp. 0.6%

Value $24.91M Shares 984,156 Share Price $25.31 * Est. Cost/Share $17.58 Unrealized @ Report Date +11.1%

— Thomson Reuters Corporation 0.5%

Value $19.18M Shares 507,607 Share Price $37.79 Est. Cost/Share $34.32 Unrealized @ Report Date —

— Celestica Inc. 0.2%

Value $9.121M Shares 753,820 Share Price $12.10 Est. Cost/Share $9.91 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
TD	Toronto-Dominion Bank	8,241,913	$427M	11.0%	$51.83 *	$42.37	+6.4%	COM NEW	891160509
BNS	Bank of Nova Scotia	6,274,876	$402M	10.3%	$64.03 *	$30.36	+5.1%	COM	064149107
RY	Royal Bank of Canada	5,111,004	$373M	9.6%	$72.89 *	$59.71	+8.3%	COM	780087102
SU	Suncor Energy Inc.	8,548,849	$330M	8.5%	$38.61 *	$19.64	+12.5%	COM	867224107
CM	Canadian Imperial Bank of Commerce	3,208,348	$306M	7.9%	$95.25 *	$20.76	+12.4%	COM	136069101
CNQ	Canadian Natural Resources Ltd.	6,095,058	$258M	6.6%	$42.37 *	$8.76	+19.7%	COM	136385101
CNI	Canadian National Railway	3,093,609	$192M	4.9%	$62.11 *	$41.50	+7.4%	COM	136375102
CVE	Cenovus Energy Inc.	5,850,115	$187M	4.8%	$31.97 *	$22.44	-7.6%	COM	15135U109
—	Agrium Inc.	1,548,599	$167M	4.3%	$107.73	$91.28	—	COM	008916108
TU	Telus Corp.	3,572,205	$142M	3.6%	$39.63 *	$17.27	-0.2%	COM	87971M103
MGA	Magna International Inc. Class A	1,258,596	$134M	3.4%	$106.28 *	$22.60	+41.8%	COM	559222401
—	Barrick Gold Corp.	6,324,099	$124M	3.2%	$19.68	$16.60	—	COM	067901108
TECK	Teck Resources Ltd.	4,836,632	$115M	3.0%	$23.86 *	$25.95	-10.6%	CL B	878742204
MFC	Manulife Financial Corp.	5,304,588	$113M	2.9%	$21.32 *	$15.16	+26.2%	COM	56501R106
RCI	Rogers Comm Inc. Class B	2,316,978	$106M	2.7%	$45.81 *	$47.39	-14.0%	CL B	775109200
—	Talisman Energy Inc.	9,385,852	$103M	2.7%	$11.02	$11.02	—	COM	87425E103
—	Potash Corp. of Saskatchewan	2,191,514	$87.64M	2.3%	$39.99	$40.12	—	COM	73755L107
—	Precision Drilling Corp.	6,412,996	$84.91M	2.2%	$13.24	$9.20	—	COM 2010	74022D308
SLF	Sun Life Financial Inc.	2,147,740	$82.22M	2.1%	$38.28 *	$30.41	+13.2%	COM	866796105
GIL	Gildan Activewear Class A	1,318,091	$73.43M	1.9%	$55.71 *	$16.97	+28.0%	COM	375916103
BCE	BCE Inc.	626,695	$29.84M	0.8%	$47.62 *	$22.29	-3.5%	COM NEW	05534B760
CCJ	Cameco Corp.	984,156	$24.91M	0.6%	$25.31 *	$17.58	+11.1%	COM	13321L108
—	Thomson Reuters Corporation	507,607	$19.18M	0.5%	$37.79	$34.32	—	COM	884903105
—	Celestica Inc.	753,820	$9.121M	0.2%	$12.10	$9.91	—	SUB VTG SHS	15101Q108