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

Location: Toronto, Ontario, Canada

CIK: 0001426327 · Show all filings

Period: Q1 2018 (← Previous) (Next →)

Filing Date: May 15, 2018

Total Value: $1.567B (100.0% shares, 0.0% debt)

Holdings (27)

TD Toronto-Dominion Bank 11.6%

Value $182M Shares 3,205,939 Share Price $56.71 * Est. Cost/Share $43.97 Unrealized @ Report Date +33.1%

RY Royal Bank of Canada 11.0%

Value $173M Shares 2,242,062 Share Price $77.19 * Est. Cost/Share $61.01 Unrealized @ Report Date +33.1%

CM Canadian Imperial Bank of Commerce 6.6%

Value $104M Shares 1,176,458 Share Price $88.21 * Est. Cost/Share $21.40 Unrealized @ Report Date +50.3%

BNS Bank of Nova Scotia 6.1%

Value $95.79M Shares 1,556,107 Share Price $61.55 * Est. Cost/Share $32.12 Unrealized @ Report Date +30.5%

CNI Canadian National Railway 5.6%

Value $87.71M Shares 1,200,933 Share Price $73.03 * Est. Cost/Share $45.29 Unrealized @ Report Date +47.3%

NTR Nutrien Ltd 4.9%

Value $77.49M Shares 1,640,805 Share Price $47.23 * Est. Cost/Share $38.37 Unrealized @ Report Date 0.0%

BMO Bank of Montreal 4.8%

Value $74.7M Shares 989,608 Share Price $75.49 * Est. Cost/Share $51.33 Unrealized @ Report Date +11.0%

MGA Magna International Inc. Class A 4.5%

Value $71.21M Shares 1,265,151 Share Price $56.29 * Est. Cost/Share $29.52 Unrealized @ Report Date +48.1%

SU Suncor Energy Inc. 4.2%

Value $65.16M Shares 1,888,126 Share Price $34.51 * Est. Cost/Share $19.57 Unrealized @ Report Date +32.3%

— TransCanada Corp. 3.7%

Value $58.02M Shares 1,403,943 Share Price $41.33 Est. Cost/Share $38.23 Unrealized @ Report Date —

MFC Manulife Financial Corp. 3.5%

Value $55.34M Shares 2,982,559 Share Price $18.55 * Est. Cost/Share $15.36 Unrealized @ Report Date +30.3%

MEOH Methanex Corp. 3.2%

Value $49.85M Shares 823,437 Share Price $60.54 * Est. Cost/Share $35.55 Unrealized @ Report Date +65.0%

CNQ Canadian Natural Resources Ltd. 3.1%

Value $48.48M Shares 1,543,452 Share Price $31.41 * Est. Cost/Share $8.90 Unrealized @ Report Date +23.9%

— Goldcorp Inc. 3.0%

Value $46.43M Shares 3,364,758 Share Price $13.80 Est. Cost/Share $14.08 Unrealized @ Report Date —

— Canadian Pacific Railway Ltd. 2.9%

Value $46.14M Shares 261,800 Share Price $176.23 Est. Cost/Share $137.50 Unrealized @ Report Date —

RCI Rogers Comm Inc. Class B 2.8%

Value $43.86M Shares 982,824 Share Price $44.63 * Est. Cost/Share $47.07 Unrealized @ Report Date -0.3%

TU Telus Corp. 2.7%

Value $41.98M Shares 1,196,196 Share Price $35.09 * Est. Cost/Share $17.27 Unrealized @ Report Date +5.7%

— Barrick Gold Corp. 2.4%

Value $38.27M Shares 3,074,254 Share Price $12.45 Est. Cost/Share $15.03 Unrealized @ Report Date —

CVE Cenovus Energy Inc. 2.2%

Value $35.1M Shares 4,124,852 Share Price $8.51 * Est. Cost/Share $16.74 Unrealized @ Report Date -54.5%

ENB Enbridge Inc. 2.0%

Value $31.77M Shares 1,010,886 Share Price $31.43 * Est. Cost/Share $23.57 Unrealized @ Report Date -8.8%

— Crescent Point Energy Corp. 2.0%

Value $30.84M Shares 4,539,328 Share Price $6.79 Est. Cost/Share $7.85 Unrealized @ Report Date —

TAC Transalta Corp. 1.6%

Value $25.74M Shares 4,754,001 Share Price $5.41 Est. Cost/Share $5.57 Unrealized @ Report Date -0.8%

GIL Gildan Activewear Class A 1.5%

Value $22.88M Shares 792,635 Share Price $28.86 * Est. Cost/Share $21.72 Unrealized @ Report Date +25.1%

TECK Teck Resources Ltd. 1.3%

Value $19.68M Shares 764,783 Share Price $25.74 * Est. Cost/Share $25.03 Unrealized @ Report Date +12.6%

CCJ Cameco Corp. 1.1%

Value $16.94M Shares 1,864,885 Share Price $9.08 Est. Cost/Share $11.32 Unrealized @ Report Date -20.6%

— Celestica Inc. 1.0%

Value $14.93M Shares 1,443,483 Share Price $10.34 Est. Cost/Share $10.52 Unrealized @ Report Date —

BCE BCE Inc. 0.6%

Value $10.02M Shares 233,118 Share Price $43.00 * Est. Cost/Share $22.98 Unrealized @ Report Date +19.6%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
TD	Toronto-Dominion Bank	3,205,939	$182M	11.6%	$56.71 *	$43.97	+33.1%	NEW	891160509
RY	Royal Bank of Canada	2,242,062	$173M	11.0%	$77.19 *	$61.01	+33.1%	COM	780087102
CM	Canadian Imperial Bank of Commerce	1,176,458	$104M	6.6%	$88.21 *	$21.40	+50.3%	COM	136069101
BNS	Bank of Nova Scotia	1,556,107	$95.79M	6.1%	$61.55 *	$32.12	+30.5%	COM	064149107
CNI	Canadian National Railway	1,200,933	$87.71M	5.6%	$73.03 *	$45.29	+47.3%	COM	136375102
NTR	Nutrien Ltd	1,640,805	$77.49M	4.9%	$47.23 *	$38.37	0.0%	ADDED	67077M108
BMO	Bank of Montreal	989,608	$74.7M	4.8%	$75.49 *	$51.33	+11.0%	COM	063671101
MGA	Magna International Inc. Class A	1,265,151	$71.21M	4.5%	$56.29 *	$29.52	+48.1%	COM	559222401
SU	Suncor Energy Inc.	1,888,126	$65.16M	4.2%	$34.51 *	$19.57	+32.3%	COM	867224107
—	TransCanada Corp.	1,403,943	$58.02M	3.7%	$41.33	$38.23	—	COM	89353D107
MFC	Manulife Financial Corp.	2,982,559	$55.34M	3.5%	$18.55 *	$15.36	+30.3%	COM	56501R106
MEOH	Methanex Corp.	823,437	$49.85M	3.2%	$60.54 *	$35.55	+65.0%	COM	59151K108
CNQ	Canadian Natural Resources Ltd.	1,543,452	$48.48M	3.1%	$31.41 *	$8.90	+23.9%	COM	136385101
—	Goldcorp Inc.	3,364,758	$46.43M	3.0%	$13.80	$14.08	—	COM	380956409
—	Canadian Pacific Railway Ltd.	261,800	$46.14M	2.9%	$176.23	$137.50	—	COM	13645T100
RCI	Rogers Comm Inc. Class B	982,824	$43.86M	2.8%	$44.63 *	$47.07	-0.3%	CL B	775109200
TU	Telus Corp.	1,196,196	$41.98M	2.7%	$35.09 *	$17.27	+5.7%	COM	87971M103
—	Barrick Gold Corp.	3,074,254	$38.27M	2.4%	$12.45	$15.03	—	COM	067901108
CVE	Cenovus Energy Inc.	4,124,852	$35.1M	2.2%	$8.51 *	$16.74	-54.5%	COM	15135U109
ENB	Enbridge Inc.	1,010,886	$31.77M	2.0%	$31.43 *	$23.57	-8.8%	COM	29250N105
—	Crescent Point Energy Corp.	4,539,328	$30.84M	2.0%	$6.79	$7.85	—	COM	22576C101
TAC	Transalta Corp.	4,754,001	$25.74M	1.6%	$5.41	$5.57	-0.8%	COM	89346D107
GIL	Gildan Activewear Class A	792,635	$22.88M	1.5%	$28.86 *	$21.72	+25.1%	COM	375916103
TECK	Teck Resources Ltd.	764,783	$19.68M	1.3%	$25.74 *	$25.03	+12.6%	CL B	878742204
CCJ	Cameco Corp.	1,864,885	$16.94M	1.1%	$9.08	$11.32	-20.6%	COM	13321L108
—	Celestica Inc.	1,443,483	$14.93M	1.0%	$10.34	$10.52	—	SHS	15101Q108
BCE	BCE Inc.	233,118	$10.02M	0.6%	$43.00 *	$22.98	+19.6%	NEW	05534B760