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

Name: Scheer, Rowlett & Associates Investment Management Ltd. Q2 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: Q2 2014 (← Previous) (Next →)

Filing Date: Aug 14, 2014

Total Value: $3.839B (100.0% shares, 0.0% debt)

Holdings (24)

BNS Bank of Nova Scotia 10.9%

Value $418M Shares 6,265,291 Share Price $66.79 * Est. Cost/Share $30.36 Unrealized @ Report Date +14.6%

TD Toronto-Dominion Bank 10.5%

Value $403M Shares 7,817,536 Share Price $51.57 * Est. Cost/Share $42.37 Unrealized @ Report Date +14.5%

RY Royal Bank of Canada 9.8%

Value $375M Shares 5,241,563 Share Price $71.61 * Est. Cost/Share $59.91 Unrealized @ Report Date +13.2%

SU Suncor Energy Inc. 9.2%

Value $355M Shares 8,300,637 Share Price $42.72 * Est. Cost/Share $19.64 Unrealized @ Report Date +32.4%

CM Canadian Imperial Bank of Commerce 7.6%

Value $293M Shares 3,218,687 Share Price $91.16 * Est. Cost/Share $20.76 Unrealized @ Report Date +22.5%

CNQ Canadian Natural Resources Ltd. 7.5%

Value $288M Shares 6,248,765 Share Price $46.03 * Est. Cost/Share $8.85 Unrealized @ Report Date +40.9%

CNI Canadian National Railway 5.4%

Value $207M Shares 3,170,429 Share Price $65.16 * Est. Cost/Share $41.67 Unrealized @ Report Date +15.9%

CVE Cenovus Energy Inc. 5.1%

Value $195M Shares 5,996,153 Share Price $32.47 * Est. Cost/Share $22.46 Unrealized @ Report Date +3.7%

— Agrium Inc. 4.0%

Value $153M Shares 1,662,316 Share Price $91.77 Est. Cost/Share $91.31 Unrealized @ Report Date —

MGA Magna International Inc. Class A 3.2%

Value $124M Shares 1,150,075 Share Price $107.83 * Est. Cost/Share $22.60 Unrealized @ Report Date +63.2%

TU Telus Corp. 3.1%

Value $117M Shares 3,142,870 Share Price $37.34 * Est. Cost/Share $17.27 Unrealized @ Report Date +5.9%

— Barrick Gold Corp. 3.0%

Value $116M Shares 6,328,018 Share Price $18.34 Est. Cost/Share $16.60 Unrealized @ Report Date —

TECK Teck Resources Ltd. 3.0%

Value $113M Shares 4,957,896 Share Price $22.87 Est. Cost/Share $25.86 Unrealized @ Report Date -13.3%

MFC Manulife Financial Corp. 2.8%

Value $108M Shares 5,401,679 Share Price $19.91 * Est. Cost/Share $15.23 Unrealized @ Report Date +24.1%

— Talisman Energy Inc. 2.6%

Value $99.73M Shares 9,417,012 Share Price $10.59 Est. Cost/Share $11.02 Unrealized @ Report Date —

RCI Rogers Comm Inc. Class B 2.5%

Value $95.77M Shares 2,375,633 Share Price $40.31 Est. Cost/Share $47.22 Unrealized @ Report Date -14.3%

GIL Gildan Activewear Class A 2.2%

Value $85.9M Shares 1,455,257 Share Price $59.02 * Est. Cost/Share $17.50 Unrealized @ Report Date +29.0%

SLF Sun Life Financial Inc. 2.2%

Value $84.95M Shares 2,307,171 Share Price $36.82 * Est. Cost/Share $30.68 Unrealized @ Report Date +12.2%

— Potash Corp. of Saskatchewan 2.1%

Value $81.32M Shares 2,134,484 Share Price $38.10 Est. Cost/Share $40.12 Unrealized @ Report Date —

— Precision Drilling Corp. 1.5%

Value $59.03M Shares 4,160,997 Share Price $14.19 Est. Cost/Share $9.20 Unrealized @ Report Date —

CCJ Cameco Corp. 0.5%

Value $19.83M Shares 1,009,340 Share Price $19.65 * Est. Cost/Share $17.60 Unrealized @ Report Date +4.3%

BCE BCE Inc. 0.5%

Value $18.82M Shares 414,149 Share Price $45.44 * Est. Cost/Share $22.29 Unrealized @ Report Date +3.4%

— Thomson Reuters Corporation 0.5%

Value $18.77M Shares 514,558 Share Price $36.47 Est. Cost/Share $34.35 Unrealized @ Report Date —

— Celestica Inc. 0.3%

Value $9.602M Shares 762,115 Share Price $12.60 Est. Cost/Share $9.94 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BNS	Bank of Nova Scotia	6,265,291	$418M	10.9%	$66.79 *	$30.36	+14.6%	COM	064149107
TD	Toronto-Dominion Bank	7,817,536	$403M	10.5%	$51.57 *	$42.37	+14.5%	COM NEW	891160509
RY	Royal Bank of Canada	5,241,563	$375M	9.8%	$71.61 *	$59.91	+13.2%	COM	780087102
SU	Suncor Energy Inc.	8,300,637	$355M	9.2%	$42.72 *	$19.64	+32.4%	COM	867224107
CM	Canadian Imperial Bank of Commerce	3,218,687	$293M	7.6%	$91.16 *	$20.76	+22.5%	COM	136069101
CNQ	Canadian Natural Resources Ltd.	6,248,765	$288M	7.5%	$46.03 *	$8.85	+40.9%	COM	136385101
CNI	Canadian National Railway	3,170,429	$207M	5.4%	$65.16 *	$41.67	+15.9%	COM	136375102
CVE	Cenovus Energy Inc.	5,996,153	$195M	5.1%	$32.47 *	$22.46	+3.7%	COM	15135U109
—	Agrium Inc.	1,662,316	$153M	4.0%	$91.77	$91.31	—	COM	008916108
MGA	Magna International Inc. Class A	1,150,075	$124M	3.2%	$107.83 *	$22.60	+63.2%	COM	559222401
TU	Telus Corp.	3,142,870	$117M	3.1%	$37.34 *	$17.27	+5.9%	COM	87971M103
—	Barrick Gold Corp.	6,328,018	$116M	3.0%	$18.34	$16.60	—	COM	067901108
TECK	Teck Resources Ltd.	4,957,896	$113M	3.0%	$22.87	$25.86	-13.3%	CL B	878742204
MFC	Manulife Financial Corp.	5,401,679	$108M	2.8%	$19.91 *	$15.23	+24.1%	COM	56501R106
—	Talisman Energy Inc.	9,417,012	$99.73M	2.6%	$10.59	$11.02	—	COM	87425E103
RCI	Rogers Comm Inc. Class B	2,375,633	$95.77M	2.5%	$40.31	$47.22	-14.3%	CL B	775109200
GIL	Gildan Activewear Class A	1,455,257	$85.9M	2.2%	$59.02 *	$17.50	+29.0%	COM	375916103
SLF	Sun Life Financial Inc.	2,307,171	$84.95M	2.2%	$36.82 *	$30.68	+12.2%	COM	866796105
—	Potash Corp. of Saskatchewan	2,134,484	$81.32M	2.1%	$38.10	$40.12	—	COM	73755L107
—	Precision Drilling Corp.	4,160,997	$59.03M	1.5%	$14.19	$9.20	—	COM 2010	74022D308
CCJ	Cameco Corp.	1,009,340	$19.83M	0.5%	$19.65 *	$17.60	+4.3%	COM	13321L108
BCE	BCE Inc.	414,149	$18.82M	0.5%	$45.44 *	$22.29	+3.4%	COM NEW	05534B760
—	Thomson Reuters Corporation	514,558	$18.77M	0.5%	$36.47	$34.35	—	COM	884903105
—	Celestica Inc.	762,115	$9.602M	0.3%	$12.60	$9.94	—	SUB VTG SHS	15101Q108