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

Location: Toronto, Ontario, Canada

CIK: 0001426327 · Show all filings

Period: Q2 2018 (← Previous) (Next →)

Filing Date: Aug 2, 2018

Total Value: $1.6B (100.0% shares, 0.0% debt)

Holdings (27)

TD Toronto-Dominion Bank 11.3%

Value $180M Shares 3,119,011 Share Price $57.84 Est. Cost/Share $43.97 Unrealized @ Report Date +30.1%

RY Royal Bank of Canada 11.1%

Value $178M Shares 2,364,420 Share Price $75.25 Est. Cost/Share $61.81 Unrealized @ Report Date +23.9%

CM Canadian Imperial Bank of Commerce 7.1%

Value $114M Shares 1,311,298 Share Price $86.94 * Est. Cost/Share $22.34 Unrealized @ Report Date +36.8%

BNS Bank of Nova Scotia 6.2%

Value $98.7M Shares 1,744,184 Share Price $56.59 * Est. Cost/Share $33.00 Unrealized @ Report Date +22.0%

CNI Canadian National Railway 5.8%

Value $92.92M Shares 1,136,783 Share Price $81.74 * Est. Cost/Share $45.29 Unrealized @ Report Date +52.2%

NTR Nutrien Ltd 5.8%

Value $92.57M Shares 1,702,560 Share Price $54.37 * Est. Cost/Share $38.36 Unrealized @ Report Date -0.1%

BMO Bank of Montreal 4.6%

Value $73.3M Shares 948,800 Share Price $77.25 * Est. Cost/Share $51.33 Unrealized @ Report Date +9.7%

CNQ Canadian Natural Resources Ltd. 4.5%

Value $71.6M Shares 1,984,906 Share Price $36.07 * Est. Cost/Share $9.53 Unrealized @ Report Date +23.0%

— TransCanada Corp. 4.1%

Value $64.9M Shares 1,500,867 Share Price $43.24 Est. Cost/Share $38.55 Unrealized @ Report Date —

— Canadian Pacific Railway Ltd. 3.5%

Value $55.77M Shares 304,499 Share Price $183.15 Est. Cost/Share $143.90 Unrealized @ Report Date —

MFC Manulife Financial Corp. 3.3%

Value $53.17M Shares 2,961,157 Share Price $17.96 * Est. Cost/Share $15.36 Unrealized @ Report Date +22.7%

RCI Rogers Comm Inc. Class B 3.0%

Value $48.21M Shares 1,015,617 Share Price $47.47 Est. Cost/Share $47.07 Unrealized @ Report Date -0.1%

SU Suncor Energy Inc. 2.8%

Value $44.84M Shares 1,102,616 Share Price $40.67 * Est. Cost/Share $19.57 Unrealized @ Report Date +49.1%

— Crescent Point Energy Corp. 2.8%

Value $44.8M Shares 6,100,704 Share Price $7.34 Est. Cost/Share $7.72 Unrealized @ Report Date —

TU Telus Corp. 2.8%

Value $44.32M Shares 1,248,341 Share Price $35.50 * Est. Cost/Share $17.29 Unrealized @ Report Date +2.4%

— Goldcorp Inc. 2.7%

Value $43.52M Shares 3,171,305 Share Price $13.72 Est. Cost/Share $14.08 Unrealized @ Report Date —

CVE Cenovus Energy Inc. 2.6%

Value $42.33M Shares 4,078,858 Share Price $10.38 * Est. Cost/Share $16.74 Unrealized @ Report Date -47.8%

ENB Enbridge Inc. 2.4%

Value $39.07M Shares 1,093,556 Share Price $35.73 * Est. Cost/Share $23.29 Unrealized @ Report Date -15.0%

— Barrick Gold Corp. 2.3%

Value $37.23M Shares 2,835,478 Share Price $13.13 Est. Cost/Share $15.03 Unrealized @ Report Date —

MGA Magna International Inc. Class A 2.1%

Value $32.86M Shares 565,375 Share Price $58.12 * Est. Cost/Share $29.52 Unrealized @ Report Date +65.7%

TECK Teck Resources Ltd. 2.0%

Value $31.24M Shares 1,227,230 Share Price $25.46 * Est. Cost/Share $25.69 Unrealized @ Report Date +4.2%

TAC Transalta Corp. 1.6%

Value $26.22M Shares 5,226,128 Share Price $5.02 * Est. Cost/Share $5.53 Unrealized @ Report Date -6.0%

GIL Gildan Activewear Class A 1.4%

Value $23.02M Shares 817,829 Share Price $28.15 * Est. Cost/Share $21.84 Unrealized @ Report Date +17.3%

MEOH Methanex Corp. 1.3%

Value $21.59M Shares 305,478 Share Price $70.67 * Est. Cost/Share $35.55 Unrealized @ Report Date +88.6%

— Celestica Inc. 1.1%

Value $18M Shares 1,514,735 Share Price $11.88 Est. Cost/Share $10.58 Unrealized @ Report Date —

CCJ Cameco Corp. 1.1%

Value $17.41M Shares 1,548,185 Share Price $11.24 * Est. Cost/Share $11.32 Unrealized @ Report Date -6.6%

BCE BCE Inc. 0.6%

Value $10.03M Shares 247,864 Share Price $40.47 * Est. Cost/Share $23.16 Unrealized @ Report Date +12.4%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
TD	Toronto-Dominion Bank	3,119,011	$180M	11.3%	$57.84	$43.97	+30.1%	NEW	891160509
RY	Royal Bank of Canada	2,364,420	$178M	11.1%	$75.25	$61.81	+23.9%	COM	780087102
CM	Canadian Imperial Bank of Commerce	1,311,298	$114M	7.1%	$86.94 *	$22.34	+36.8%	COM	136069101
BNS	Bank of Nova Scotia	1,744,184	$98.7M	6.2%	$56.59 *	$33.00	+22.0%	COM	064149107
CNI	Canadian National Railway	1,136,783	$92.92M	5.8%	$81.74 *	$45.29	+52.2%	COM	136375102
NTR	Nutrien Ltd	1,702,560	$92.57M	5.8%	$54.37 *	$38.36	-0.1%	COM	67077M108
BMO	Bank of Montreal	948,800	$73.3M	4.6%	$77.25 *	$51.33	+9.7%	COM	063671101
CNQ	Canadian Natural Resources Ltd.	1,984,906	$71.6M	4.5%	$36.07 *	$9.53	+23.0%	COM	136385101
—	TransCanada Corp.	1,500,867	$64.9M	4.1%	$43.24	$38.55	—	COM	89353D107
—	Canadian Pacific Railway Ltd.	304,499	$55.77M	3.5%	$183.15	$143.90	—	COM	13645T100
MFC	Manulife Financial Corp.	2,961,157	$53.17M	3.3%	$17.96 *	$15.36	+22.7%	COM	56501R106
RCI	Rogers Comm Inc. Class B	1,015,617	$48.21M	3.0%	$47.47	$47.07	-0.1%	CL B	775109200
SU	Suncor Energy Inc.	1,102,616	$44.84M	2.8%	$40.67 *	$19.57	+49.1%	COM	867224107
—	Crescent Point Energy Corp.	6,100,704	$44.8M	2.8%	$7.34	$7.72	—	COM	22576C101
TU	Telus Corp.	1,248,341	$44.32M	2.8%	$35.50 *	$17.29	+2.4%	COM	87971M103
—	Goldcorp Inc.	3,171,305	$43.52M	2.7%	$13.72	$14.08	—	COM	380956409
CVE	Cenovus Energy Inc.	4,078,858	$42.33M	2.6%	$10.38 *	$16.74	-47.8%	COM	15135U109
ENB	Enbridge Inc.	1,093,556	$39.07M	2.4%	$35.73 *	$23.29	-15.0%	COM	29250N105
—	Barrick Gold Corp.	2,835,478	$37.23M	2.3%	$13.13	$15.03	—	COM	067901108
MGA	Magna International Inc. Class A	565,375	$32.86M	2.1%	$58.12 *	$29.52	+65.7%	COM	559222401
TECK	Teck Resources Ltd.	1,227,230	$31.24M	2.0%	$25.46 *	$25.69	+4.2%	CL B	878742204
TAC	Transalta Corp.	5,226,128	$26.22M	1.6%	$5.02 *	$5.53	-6.0%	COM	89346D107
GIL	Gildan Activewear Class A	817,829	$23.02M	1.4%	$28.15 *	$21.84	+17.3%	COM	375916103
MEOH	Methanex Corp.	305,478	$21.59M	1.3%	$70.67 *	$35.55	+88.6%	COM	59151K108
—	Celestica Inc.	1,514,735	$18M	1.1%	$11.88	$10.58	—	SHS	15101Q108
CCJ	Cameco Corp.	1,548,185	$17.41M	1.1%	$11.24 *	$11.32	-6.6%	COM	13321L108
BCE	BCE Inc.	247,864	$10.03M	0.6%	$40.47 *	$23.16	+12.4%	NEW	05534B760