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

Location: Toronto, Ontario, Canada

CIK: 0001426327 · Show all filings

Period: Q1 2019 (← Previous) (Next →)

Filing Date: May 8, 2019

Total Value: $1.434B (100.0% shares, 0.0% debt)

Holdings (27)

RY Royal Bank of Canada 11.2%

Value $161M Shares 2,136,740 Share Price $75.47 Est. Cost/Share $61.81 Unrealized @ Report Date +22.4%

TD Toronto-Dominion Bank 11.2%

Value $160M Shares 2,952,841 Share Price $54.28 Est. Cost/Share $44.12 Unrealized @ Report Date +25.3%

BNS Bank of Nova Scotia 7.8%

Value $112M Shares 2,098,003 Share Price $53.25 * Est. Cost/Share $34.29 Unrealized @ Report Date +10.5%

CNI Canadian National Railway 6.8%

Value $98.11M Shares 1,095,679 Share Price $89.55 * Est. Cost/Share $45.29 Unrealized @ Report Date +62.7%

CM Canadian Imperial Bank of Commerce 6.5%

Value $93.29M Shares 1,180,194 Share Price $79.04 * Est. Cost/Share $22.34 Unrealized @ Report Date +33.6%

NTR Nutrien Ltd 5.5%

Value $79.52M Shares 1,507,364 Share Price $52.76 * Est. Cost/Share $38.36 Unrealized @ Report Date +7.4%

— TransCanada Corp. 5.1%

Value $73.69M Shares 1,640,264 Share Price $44.93 Est. Cost/Share $38.26 Unrealized @ Report Date —

CNQ Canadian Natural Resources Ltd. 4.7%

Value $66.72M Shares 2,429,437 Share Price $27.46 * Est. Cost/Share $9.61 Unrealized @ Report Date -2.7%

— Canadian Pacific Railway Ltd. 4.2%

Value $60.84M Shares 295,212 Share Price $206.10 Est. Cost/Share $143.90 Unrealized @ Report Date —

RCI Rogers Comm Inc. Class B 3.7%

Value $53.75M Shares 999,175 Share Price $53.80 Est. Cost/Share $47.07 Unrealized @ Report Date +14.5%

MFC Manulife Financial Corp. 3.3%

Value $47.91M Shares 2,832,375 Share Price $16.92 * Est. Cost/Share $15.36 Unrealized @ Report Date +5.8%

TU Telus Corp. 3.1%

Value $45.14M Shares 1,219,144 Share Price $37.02 * Est. Cost/Share $17.29 Unrealized @ Report Date +2.2%

ENB Enbridge Inc. 2.6%

Value $37.8M Shares 1,043,385 Share Price $36.23 * Est. Cost/Share $23.29 Unrealized @ Report Date -1.7%

NEM Newmont Mining Corp. 2.5%

Value $35.52M Shares 993,097 Share Price $35.77 * Est. Cost/Share $27.34 Unrealized @ Report Date 0.0%

MEOH Methanex Corp. 2.5%

Value $35.26M Shares 620,608 Share Price $56.81 Est. Cost/Share $54.96 Unrealized @ Report Date +2.6%

MGA Magna International Inc. Class A 2.4%

Value $35.1M Shares 720,703 Share Price $48.71 * Est. Cost/Share $32.09 Unrealized @ Report Date +26.0%

SU Suncor Energy Inc. 2.4%

Value $34.12M Shares 1,052,519 Share Price $32.42 * Est. Cost/Share $19.57 Unrealized @ Report Date +26.7%

— Barrick Gold Corp. 2.2%

Value $31.84M Shares 2,321,741 Share Price $13.71 Est. Cost/Share $14.70 Unrealized @ Report Date —

CVE Cenovus Energy Inc. 2.2%

Value $30.95M Shares 3,565,068 Share Price $8.68 * Est. Cost/Share $16.74 Unrealized @ Report Date -56.6%

TECK Teck Resources Ltd. 2.0%

Value $29.36M Shares 1,268,578 Share Price $23.14 * Est. Cost/Share $25.45 Unrealized @ Report Date -11.4%

BMO Bank of Montreal 1.6%

Value $22.27M Shares 297,479 Share Price $74.85 * Est. Cost/Share $51.33 Unrealized @ Report Date +7.5%

— Crescent Point Energy Corp. 1.4%

Value $20.29M Shares 6,260,751 Share Price $3.24 Est. Cost/Share $7.59 Unrealized @ Report Date —

TAC Transalta Corp. 1.4%

Value $19.36M Shares 2,633,800 Share Price $7.35 * Est. Cost/Share $5.53 Unrealized @ Report Date +3.3%

— Celestica Inc. 1.1%

Value $15.11M Shares 1,787,786 Share Price $8.45 Est. Cost/Share $10.26 Unrealized @ Report Date —

CCJ Cameco Corp. 1.0%

Value $14.38M Shares 1,219,933 Share Price $11.79 Est. Cost/Share $11.32 Unrealized @ Report Date +3.5%

BCE BCE Inc. 0.8%

Value $10.86M Shares 244,526 Share Price $44.42 * Est. Cost/Share $23.16 Unrealized @ Report Date +18.8%

GIL Gildan Activewear Class A 0.7%

Value $9.361M Shares 260,276 Share Price $35.97 * Est. Cost/Share $21.84 Unrealized @ Report Date +39.7%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
RY	Royal Bank of Canada	2,136,740	$161M	11.2%	$75.47	$61.81	+22.4%	COM	780087102
TD	Toronto-Dominion Bank	2,952,841	$160M	11.2%	$54.28	$44.12	+25.3%	COM NEW	891160509
BNS	Bank of Nova Scotia	2,098,003	$112M	7.8%	$53.25 *	$34.29	+10.5%	COM	064149107
CNI	Canadian National Railway	1,095,679	$98.11M	6.8%	$89.55 *	$45.29	+62.7%	COM	136375102
CM	Canadian Imperial Bank of Commerce	1,180,194	$93.29M	6.5%	$79.04 *	$22.34	+33.6%	COM	136069101
NTR	Nutrien Ltd	1,507,364	$79.52M	5.5%	$52.76 *	$38.36	+7.4%	COM	67077M108
—	TransCanada Corp.	1,640,264	$73.69M	5.1%	$44.93	$38.26	—	COM	89353D107
CNQ	Canadian Natural Resources Ltd.	2,429,437	$66.72M	4.7%	$27.46 *	$9.61	-2.7%	COM	136385101
—	Canadian Pacific Railway Ltd.	295,212	$60.84M	4.2%	$206.10	$143.90	—	COM	13645T100
RCI	Rogers Comm Inc. Class B	999,175	$53.75M	3.7%	$53.80	$47.07	+14.5%	CL B	775109200
MFC	Manulife Financial Corp.	2,832,375	$47.91M	3.3%	$16.92 *	$15.36	+5.8%	COM	56501R106
TU	Telus Corp.	1,219,144	$45.14M	3.1%	$37.02 *	$17.29	+2.2%	COM	87971M103
ENB	Enbridge Inc.	1,043,385	$37.8M	2.6%	$36.23 *	$23.29	-1.7%	COM	29250N105
NEM	Newmont Mining Corp.	993,097	$35.52M	2.5%	$35.77 *	$27.34	0.0%	COM	651639106
MEOH	Methanex Corp.	620,608	$35.26M	2.5%	$56.81	$54.96	+2.6%	COM	59151K108
MGA	Magna International Inc. Class A	720,703	$35.1M	2.4%	$48.71 *	$32.09	+26.0%	COM	559222401
SU	Suncor Energy Inc.	1,052,519	$34.12M	2.4%	$32.42 *	$19.57	+26.7%	COM	867224107
—	Barrick Gold Corp.	2,321,741	$31.84M	2.2%	$13.71	$14.70	—	COM	067901108
CVE	Cenovus Energy Inc.	3,565,068	$30.95M	2.2%	$8.68 *	$16.74	-56.6%	COM	15135U109
TECK	Teck Resources Ltd.	1,268,578	$29.36M	2.0%	$23.14 *	$25.45	-11.4%	CL B	878742204
BMO	Bank of Montreal	297,479	$22.27M	1.6%	$74.85 *	$51.33	+7.5%	COM	063671101
—	Crescent Point Energy Corp.	6,260,751	$20.29M	1.4%	$3.24	$7.59	—	COM	22576C101
TAC	Transalta Corp.	2,633,800	$19.36M	1.4%	$7.35 *	$5.53	+3.3%	COM	89346D107
—	Celestica Inc.	1,787,786	$15.11M	1.1%	$8.45	$10.26	—	SUB VTG SHS	15101Q108
CCJ	Cameco Corp.	1,219,933	$14.38M	1.0%	$11.79	$11.32	+3.5%	COM	13321L108
BCE	BCE Inc.	244,526	$10.86M	0.8%	$44.42 *	$23.16	+18.8%	COM NEW	05534B760
GIL	Gildan Activewear Class A	260,276	$9.361M	0.7%	$35.97 *	$21.84	+39.7%	COM	375916103