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

Location: Toronto, Ontario, Canada

CIK: 0001426327 · Show all filings

Period: Q2 2015 (← Previous) (Next →)

Filing Date: Aug 14, 2015

Total Value: $2.045B (100.0% shares, 0.0% debt)

Holdings (25)

BNS Bank of Nova Scotia 11.0%

Value $226M Shares 4,373,725 Share Price $51.64 * Est. Cost/Share $30.36 Unrealized @ Report Date +2.1%

RY Royal Bank of Canada 10.1%

Value $207M Shares 3,375,708 Share Price $61.18 * Est. Cost/Share $59.91 Unrealized @ Report Date +7.5%

CM Canadian Imperial Bank of Commerce 8.5%

Value $174M Shares 2,363,558 Share Price $73.75 * Est. Cost/Share $20.76 Unrealized @ Report Date +12.2%

TD Toronto-Dominion Bank 8.3%

Value $170M Shares 4,004,600 Share Price $42.48 * Est. Cost/Share $42.37 Unrealized @ Report Date +5.7%

SU Suncor Energy Inc. 7.9%

Value $161M Shares 5,838,255 Share Price $27.55 * Est. Cost/Share $19.64 Unrealized @ Report Date +5.6%

CNI Canadian National Railway 7.3%

Value $149M Shares 2,573,563 Share Price $57.72 * Est. Cost/Share $41.82 Unrealized @ Report Date +23.3%

CNQ Canadian Natural Resources Ltd. 6.0%

Value $123M Shares 4,546,547 Share Price $27.15 * Est. Cost/Share $8.85 Unrealized @ Report Date +8.5%

MGA Magna International Inc. Class A 5.0%

Value $101M Shares 1,807,044 Share Price $56.15 * Est. Cost/Share $29.47 Unrealized @ Report Date +38.9%

— Agrium Inc. 4.9%

Value $101M Shares 947,978 Share Price $106.03 Est. Cost/Share $91.31 Unrealized @ Report Date —

MFC Manulife Financial Corp. 4.5%

Value $92.17M Shares 4,957,520 Share Price $18.59 Est. Cost/Share $15.47 Unrealized @ Report Date +20.1%

CVE Cenovus Energy Inc. 3.6%

Value $73.93M Shares 4,621,892 Share Price $16.00 * Est. Cost/Share $22.46 Unrealized @ Report Date -36.7%

SLF Sun Life Financial Inc. 3.5%

Value $72.59M Shares 2,173,367 Share Price $33.40 Est. Cost/Share $31.17 Unrealized @ Report Date +5.8%

TU Telus Corp. 3.3%

Value $67.4M Shares 1,955,530 Share Price $34.47 * Est. Cost/Share $17.27 Unrealized @ Report Date -0.7%

RCI Rogers Comm Inc. Class B 3.1%

Value $63.46M Shares 1,788,362 Share Price $35.48 Est. Cost/Share $47.22 Unrealized @ Report Date -26.2%

— Barrick Gold Corp. 2.5%

Value $51.01M Shares 4,770,047 Share Price $10.69 Est. Cost/Share $16.60 Unrealized @ Report Date —

GIL Gildan Activewear Class A 2.3%

Value $46.13M Shares 1,387,932 Share Price $33.23 * Est. Cost/Share $20.83 Unrealized @ Report Date +31.2%

— Potash Corp. of Saskatchewan 2.2%

Value $44.76M Shares 1,444,624 Share Price $30.98 Est. Cost/Share $40.12 Unrealized @ Report Date —

TECK Teck Resources Ltd. 1.9%

Value $37.98M Shares 3,830,249 Share Price $9.92 * Est. Cost/Share $25.86 Unrealized @ Report Date -50.1%

— Precision Drilling Corp. 1.5%

Value $30.91M Shares 4,594,641 Share Price $6.73 Est. Cost/Share $8.83 Unrealized @ Report Date —

— Thomson Reuters Corporation 0.7%

Value $14.4M Shares 378,054 Share Price $38.10 Est. Cost/Share $34.35 Unrealized @ Report Date —

BCE BCE Inc. 0.6%

Value $12.58M Shares 296,004 Share Price $42.50 * Est. Cost/Share $22.29 Unrealized @ Report Date +5.9%

CCJ Cameco Corp. 0.5%

Value $11.23M Shares 784,860 Share Price $14.31 Est. Cost/Share $17.60 Unrealized @ Report Date -19.4%

— Domtar Corp 0.4%

Value $8.43M Shares 203,370 Share Price $41.45 Est. Cost/Share $35.40 Unrealized @ Report Date —

— Celestica Inc. 0.3%

Value $6.437M Shares 552,705 Share Price $11.65 Est. Cost/Share $9.94 Unrealized @ Report Date —

— Valeant Pharmaceuticals International 0.0%

Value $377K Shares 1,700 Share Price $221.76 Est. Cost/Share $221.76 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BNS	Bank of Nova Scotia	4,373,725	$226M	11.0%	$51.64 *	$30.36	+2.1%	COM	064149107
RY	Royal Bank of Canada	3,375,708	$207M	10.1%	$61.18 *	$59.91	+7.5%	COM	780087102
CM	Canadian Imperial Bank of Commerce	2,363,558	$174M	8.5%	$73.75 *	$20.76	+12.2%	COM	136069101
TD	Toronto-Dominion Bank	4,004,600	$170M	8.3%	$42.48 *	$42.37	+5.7%	COM NEW	891160509
SU	Suncor Energy Inc.	5,838,255	$161M	7.9%	$27.55 *	$19.64	+5.6%	COM	867224107
CNI	Canadian National Railway	2,573,563	$149M	7.3%	$57.72 *	$41.82	+23.3%	COM	136375102
CNQ	Canadian Natural Resources Ltd.	4,546,547	$123M	6.0%	$27.15 *	$8.85	+8.5%	COM	136385101
MGA	Magna International Inc. Class A	1,807,044	$101M	5.0%	$56.15 *	$29.47	+38.9%	COM	559222401
—	Agrium Inc.	947,978	$101M	4.9%	$106.03	$91.31	—	COM	008916108
MFC	Manulife Financial Corp.	4,957,520	$92.17M	4.5%	$18.59	$15.47	+20.1%	COM	56501R106
CVE	Cenovus Energy Inc.	4,621,892	$73.93M	3.6%	$16.00 *	$22.46	-36.7%	COM	15135U109
SLF	Sun Life Financial Inc.	2,173,367	$72.59M	3.5%	$33.40	$31.17	+5.8%	COM	866796105
TU	Telus Corp.	1,955,530	$67.4M	3.3%	$34.47 *	$17.27	-0.7%	COM	87971M103
RCI	Rogers Comm Inc. Class B	1,788,362	$63.46M	3.1%	$35.48	$47.22	-26.2%	CL B	775109200
—	Barrick Gold Corp.	4,770,047	$51.01M	2.5%	$10.69	$16.60	—	COM	067901108
GIL	Gildan Activewear Class A	1,387,932	$46.13M	2.3%	$33.23 *	$20.83	+31.2%	COM	375916103
—	Potash Corp. of Saskatchewan	1,444,624	$44.76M	2.2%	$30.98	$40.12	—	COM	73755L107
TECK	Teck Resources Ltd.	3,830,249	$37.98M	1.9%	$9.92 *	$25.86	-50.1%	CL B	878742204
—	Precision Drilling Corp.	4,594,641	$30.91M	1.5%	$6.73	$8.83	—	COM 2010	74022D308
—	Thomson Reuters Corporation	378,054	$14.4M	0.7%	$38.10	$34.35	—	COM	884903105
BCE	BCE Inc.	296,004	$12.58M	0.6%	$42.50 *	$22.29	+5.9%	COM NEW	05534B760
CCJ	Cameco Corp.	784,860	$11.23M	0.5%	$14.31	$17.60	-19.4%	COM	13321L108
—	Domtar Corp	203,370	$8.43M	0.4%	$41.45	$35.40	—	COM NEW	257559203
—	Celestica Inc.	552,705	$6.437M	0.3%	$11.65	$9.94	—	SUB VTG SHS	15101Q108
—	Valeant Pharmaceuticals International	1,700	$377K	0.0%	$221.76	$221.76	—	COM	91911K102