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

Location: Toronto, Ontario, Canada

CIK: 0001426327 · Show all filings

Period: Q4 2015 (← Previous) (Next →)

Filing Date: Feb 11, 2016

Total Value: $1.54B (100.0% shares, 0.0% debt)

Holdings (29)

BNS Bank of Nova Scotia 9.8%

Value $151M Shares 3,747,668 Share Price $40.29 * Est. Cost/Share $30.36 Unrealized @ Report Date -11.4%

CM Canadian Imperial Bank of Commerce 8.3%

Value $127M Shares 1,936,900 Share Price $65.65 * Est. Cost/Share $20.76 Unrealized @ Report Date +9.2%

CNI Canadian National Railway 8.2%

Value $126M Shares 2,255,759 Share Price $55.68 * Est. Cost/Share $41.82 Unrealized @ Report Date +16.1%

RY Royal Bank of Canada 7.8%

Value $119M Shares 2,237,858 Share Price $53.38 * Est. Cost/Share $59.91 Unrealized @ Report Date -6.4%

TD Toronto-Dominion Bank 7.4%

Value $114M Shares 2,909,434 Share Price $39.05 * Est. Cost/Share $42.37 Unrealized @ Report Date -4.5%

SU Suncor Energy Inc. 7.2%

Value $110M Shares 4,289,822 Share Price $25.71 * Est. Cost/Share $19.64 Unrealized @ Report Date -2.0%

CNQ Canadian Natural Resources Ltd. 5.9%

Value $91.48M Shares 4,204,927 Share Price $21.76 * Est. Cost/Share $8.73 Unrealized @ Report Date -17.2%

MGA Magna International Inc. Class A 4.7%

Value $72.04M Shares 1,783,140 Share Price $40.40 * Est. Cost/Share $29.56 Unrealized @ Report Date +16.9%

MFC Manulife Financial Corp. 4.6%

Value $70.13M Shares 4,697,335 Share Price $14.93 * Est. Cost/Share $15.49 Unrealized @ Report Date +4.1%

— Agrium Inc. 4.4%

Value $67.83M Shares 761,868 Share Price $89.03 Est. Cost/Share $91.31 Unrealized @ Report Date —

RCI Rogers Comm Inc. Class B 3.6%

Value $54.87M Shares 1,597,202 Share Price $34.35 * Est. Cost/Share $47.22 Unrealized @ Report Date -20.5%

BMO Bank of Montreal 3.5%

Value $54.64M Shares 972,130 Share Price $56.21 * Est. Cost/Share $36.19 Unrealized @ Report Date +5.5%

CVE Cenovus Energy Inc. 3.4%

Value $52.09M Shares 4,134,817 Share Price $12.60 * Est. Cost/Share $22.46 Unrealized @ Report Date -45.2%

SLF Sun Life Financial Inc. 3.2%

Value $49.91M Shares 1,606,748 Share Price $31.06 * Est. Cost/Share $31.17 Unrealized @ Report Date +5.8%

TU Telus Corp. 3.1%

Value $48.06M Shares 1,744,790 Share Price $27.54 * Est. Cost/Share $17.27 Unrealized @ Report Date -9.9%

— TransCanada Pipelines Corp. 2.4%

Value $37.51M Shares 1,152,900 Share Price $32.53 Est. Cost/Share $32.53 Unrealized @ Report Date —

GIL Gildan Activewear Class A 2.3%

Value $35.24M Shares 1,244,334 Share Price $28.32 * Est. Cost/Share $20.83 Unrealized @ Report Date +21.5%

— Barrick Gold Corp. 2.1%

Value $32.8M Shares 4,449,729 Share Price $7.37 Est. Cost/Share $16.60 Unrealized @ Report Date —

— Potash Corp. of Saskatchewan 1.4%

Value $21.86M Shares 1,281,088 Share Price $17.06 Est. Cost/Share $40.12 Unrealized @ Report Date —

— Goldcorp Inc. 1.1%

Value $16.67M Shares 1,448,185 Share Price $11.51 Est. Cost/Share $11.51 Unrealized @ Report Date —

TECK Teck Resources Ltd. 0.9%

Value $13.23M Shares 3,440,442 Share Price $3.84 * Est. Cost/Share $25.86 Unrealized @ Report Date -80.8%

— Precision Drilling Corp. 0.9%

Value $13.19M Shares 3,348,299 Share Price $3.94 Est. Cost/Share $8.83 Unrealized @ Report Date —

— Thomson Reuters Corporation 0.8%

Value $12.36M Shares 327,641 Share Price $37.73 Est. Cost/Share $34.35 Unrealized @ Report Date —

TAC Transalta Corp. 0.7%

Value $10.48M Shares 2,965,235 Share Price $3.53 * Est. Cost/Share $5.32 Unrealized @ Report Date -18.8%

BCE BCE Inc. 0.6%

Value $9.999M Shares 259,824 Share Price $38.48 * Est. Cost/Share $22.29 Unrealized @ Report Date +4.1%

CCJ Cameco Corp. 0.6%

Value $8.586M Shares 698,665 Share Price $12.29 * Est. Cost/Share $17.60 Unrealized @ Report Date -33.8%

MEOH Methanex Corp. 0.5%

Value $8.465M Shares 257,305 Share Price $32.90 * Est. Cost/Share $40.96 Unrealized @ Report Date -6.7%

— Domtar Corp 0.4%

Value $6.547M Shares 177,725 Share Price $36.84 Est. Cost/Share $35.40 Unrealized @ Report Date —

— Celestica Inc. 0.3%

Value $5.269M Shares 478,420 Share Price $11.01 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	3,747,668	$151M	9.8%	$40.29 *	$30.36	-11.4%	COM	064149107
CM	Canadian Imperial Bank of Commerce	1,936,900	$127M	8.3%	$65.65 *	$20.76	+9.2%	COM	136069101
CNI	Canadian National Railway	2,255,759	$126M	8.2%	$55.68 *	$41.82	+16.1%	COM	136375102
RY	Royal Bank of Canada	2,237,858	$119M	7.8%	$53.38 *	$59.91	-6.4%	COM	780087102
TD	Toronto-Dominion Bank	2,909,434	$114M	7.4%	$39.05 *	$42.37	-4.5%	NEW	891160509
SU	Suncor Energy Inc.	4,289,822	$110M	7.2%	$25.71 *	$19.64	-2.0%	COM	867224107
CNQ	Canadian Natural Resources Ltd.	4,204,927	$91.48M	5.9%	$21.76 *	$8.73	-17.2%	COM	136385101
MGA	Magna International Inc. Class A	1,783,140	$72.04M	4.7%	$40.40 *	$29.56	+16.9%	COM	559222401
MFC	Manulife Financial Corp.	4,697,335	$70.13M	4.6%	$14.93 *	$15.49	+4.1%	COM	56501R106
—	Agrium Inc.	761,868	$67.83M	4.4%	$89.03	$91.31	—	COM	008916108
RCI	Rogers Comm Inc. Class B	1,597,202	$54.87M	3.6%	$34.35 *	$47.22	-20.5%	CL B	775109200
BMO	Bank of Montreal	972,130	$54.64M	3.5%	$56.21 *	$36.19	+5.5%	COM	063671101
CVE	Cenovus Energy Inc.	4,134,817	$52.09M	3.4%	$12.60 *	$22.46	-45.2%	COM	15135U109
SLF	Sun Life Financial Inc.	1,606,748	$49.91M	3.2%	$31.06 *	$31.17	+5.8%	COM	866796105
TU	Telus Corp.	1,744,790	$48.06M	3.1%	$27.54 *	$17.27	-9.9%	COM	87971M103
—	TransCanada Pipelines Corp.	1,152,900	$37.51M	2.4%	$32.53	$32.53	—	COM	89353D107
GIL	Gildan Activewear Class A	1,244,334	$35.24M	2.3%	$28.32 *	$20.83	+21.5%	COM	375916103
—	Barrick Gold Corp.	4,449,729	$32.8M	2.1%	$7.37	$16.60	—	COM	067901108
—	Potash Corp. of Saskatchewan	1,281,088	$21.86M	1.4%	$17.06	$40.12	—	COM	73755L107
—	Goldcorp Inc.	1,448,185	$16.67M	1.1%	$11.51	$11.51	—	COM	380956409
TECK	Teck Resources Ltd.	3,440,442	$13.23M	0.9%	$3.84 *	$25.86	-80.8%	CL B	878742204
—	Precision Drilling Corp.	3,348,299	$13.19M	0.9%	$3.94	$8.83	—	COM 2010	74022D308
—	Thomson Reuters Corporation	327,641	$12.36M	0.8%	$37.73	$34.35	—	COM	884903105
TAC	Transalta Corp.	2,965,235	$10.48M	0.7%	$3.53 *	$5.32	-18.8%	COM	89346D107
BCE	BCE Inc.	259,824	$9.999M	0.6%	$38.48 *	$22.29	+4.1%	NEW	05534B760
CCJ	Cameco Corp.	698,665	$8.586M	0.6%	$12.29 *	$17.60	-33.8%	COM	13321L108
MEOH	Methanex Corp.	257,305	$8.465M	0.5%	$32.90 *	$40.96	-6.7%	COM	59151K108
—	Domtar Corp	177,725	$6.547M	0.4%	$36.84	$35.40	—	NEW	257559203
—	Celestica Inc.	478,420	$5.269M	0.3%	$11.01	$9.94	—	SUB VTG SHS	15101Q108