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

Location: Toronto, Ontario, Canada

CIK: 0001426327 · Show all filings

Period: Q3 2019 (← Previous) (Next →)

Filing Date: Nov 13, 2019

Total Value: $1.294B (100.0% shares, 0.0% debt)

Holdings (28)

TD Toronto-Dominion Bank 11.2%

Value $145M Shares 2,484,383 Share Price $58.35 * Est. Cost/Share $44.12 Unrealized @ Report Date +28.9%

RY Royal Bank of Canada 10.7%

Value $139M Shares 1,709,260 Share Price $81.17 * Est. Cost/Share $61.81 Unrealized @ Report Date +26.3%

BNS Bank of Nova Scotia 8.7%

Value $112M Shares 1,970,761 Share Price $56.84 * Est. Cost/Share $34.53 Unrealized @ Report Date +10.3%

CM Canadian Imperial Bank of Commerce 7.0%

Value $90.59M Shares 1,097,322 Share Price $82.56 * Est. Cost/Share $22.75 Unrealized @ Report Date +27.6%

CNI Canadian National Railway 6.4%

Value $82.79M Shares 921,406 Share Price $89.85 * Est. Cost/Share $45.29 Unrealized @ Report Date +80.7%

TRP TC Energy Corp 6.1%

Value $79.59M Shares 1,536,100 Share Price $51.81 * Est. Cost/Share $34.25 Unrealized @ Report Date +5.2%

CNQ Canadian Natural Resources Ltd. 4.6%

Value $59.46M Shares 2,233,250 Share Price $26.62 * Est. Cost/Share $9.61 Unrealized @ Report Date -7.3%

NTR Nutrien Ltd 4.3%

Value $55.95M Shares 1,122,466 Share Price $49.85 * Est. Cost/Share $38.36 Unrealized @ Report Date +7.0%

— Canadian Pacific Railway Ltd. 4.0%

Value $52.09M Shares 234,250 Share Price $222.37 Est. Cost/Share $143.90 Unrealized @ Report Date —

MGA Magna International Inc. Class A 4.0%

Value $51.27M Shares 961,270 Share Price $53.34 * Est. Cost/Share $34.66 Unrealized @ Report Date +17.3%

RCI Rogers Comm Inc. Class B 3.6%

Value $46.24M Shares 948,836 Share Price $48.74 * Est. Cost/Share $47.24 Unrealized @ Report Date +9.0%

MFC Manulife Financial Corp. 3.5%

Value $44.75M Shares 2,438,250 Share Price $18.35 * Est. Cost/Share $15.36 Unrealized @ Report Date +15.0%

NEM Newmont Goldcorp Corp 3.4%

Value $44.1M Shares 1,165,397 Share Price $37.84 * Est. Cost/Share $27.49 Unrealized @ Report Date +17.8%

TU Telus Corp. 3.1%

Value $40.47M Shares 1,136,521 Share Price $35.61 * Est. Cost/Share $17.32 Unrealized @ Report Date +5.1%

ENB Enbridge Inc. 2.7%

Value $34.3M Shares 976,760 Share Price $35.12 * Est. Cost/Share $23.29 Unrealized @ Report Date -2.7%

SU Suncor Energy Inc. 2.5%

Value $31.83M Shares 1,008,356 Share Price $31.56 * Est. Cost/Share $19.57 Unrealized @ Report Date +19.3%

MEOH Methanex Corp. 2.2%

Value $28.82M Shares 811,690 Share Price $35.51 * Est. Cost/Share $53.53 Unrealized @ Report Date -31.0%

— Barrick Gold Corp. 2.1%

Value $26.99M Shares 1,559,112 Share Price $17.31 Est. Cost/Share $14.70 Unrealized @ Report Date —

CVE Cenovus Energy Inc. 1.9%

Value $25M Shares 2,663,164 Share Price $9.39 * Est. Cost/Share $16.74 Unrealized @ Report Date -52.1%

TECK Teck Resources Ltd. 1.7%

Value $22.57M Shares 1,391,420 Share Price $16.22 * Est. Cost/Share $24.93 Unrealized @ Report Date -24.2%

— Crescent Point Energy Corp. 1.5%

Value $19.21M Shares 4,492,750 Share Price $4.27 Est. Cost/Share $7.55 Unrealized @ Report Date —

— Celestica Inc. 0.9%

Value $11.69M Shares 1,628,550 Share Price $7.18 Est. Cost/Share $10.26 Unrealized @ Report Date —

CCJ Cameco Corp. 0.8%

Value $10.75M Shares 1,131,200 Share Price $9.50 * Est. Cost/Share $11.32 Unrealized @ Report Date -19.1%

BCE BCE Inc. 0.8%

Value $10.27M Shares 212,194 Share Price $48.40 * Est. Cost/Share $23.16 Unrealized @ Report Date +32.2%

HBM Hudbay Minerals Inc. 0.7%

Value $9.306M Shares 2,577,529 Share Price $3.61 * Est. Cost/Share $4.07 Unrealized @ Report Date 0.0%

GIL Gildan Activewear Class A 0.6%

Value $8.339M Shares 234,800 Share Price $35.52 * Est. Cost/Share $21.84 Unrealized @ Report Date +54.8%

TAC Transalta Corp. 0.6%

Value $7.735M Shares 1,188,050 Share Price $6.51 * Est. Cost/Share $5.53 Unrealized @ Report Date +14.6%

— Brookfield Asset Management Inc. 0.3%

Value $4.453M Shares 83,800 Share Price $53.14 Est. Cost/Share $53.14 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
TD	Toronto-Dominion Bank	2,484,383	$145M	11.2%	$58.35 *	$44.12	+28.9%	COM NEW	891160509
RY	Royal Bank of Canada	1,709,260	$139M	10.7%	$81.17 *	$61.81	+26.3%	COM	780087102
BNS	Bank of Nova Scotia	1,970,761	$112M	8.7%	$56.84 *	$34.53	+10.3%	COM	064149107
CM	Canadian Imperial Bank of Commerce	1,097,322	$90.59M	7.0%	$82.56 *	$22.75	+27.6%	COM	136069101
CNI	Canadian National Railway	921,406	$82.79M	6.4%	$89.85 *	$45.29	+80.7%	COM	136375102
TRP	TC Energy Corp	1,536,100	$79.59M	6.1%	$51.81 *	$34.25	+5.2%	COM	87807B107
CNQ	Canadian Natural Resources Ltd.	2,233,250	$59.46M	4.6%	$26.62 *	$9.61	-7.3%	COM	136385101
NTR	Nutrien Ltd	1,122,466	$55.95M	4.3%	$49.85 *	$38.36	+7.0%	COM	67077M108
—	Canadian Pacific Railway Ltd.	234,250	$52.09M	4.0%	$222.37	$143.90	—	COM	13645T100
MGA	Magna International Inc. Class A	961,270	$51.27M	4.0%	$53.34 *	$34.66	+17.3%	COM	559222401
RCI	Rogers Comm Inc. Class B	948,836	$46.24M	3.6%	$48.74 *	$47.24	+9.0%	CL B	775109200
MFC	Manulife Financial Corp.	2,438,250	$44.75M	3.5%	$18.35 *	$15.36	+15.0%	COM	56501R106
NEM	Newmont Goldcorp Corp	1,165,397	$44.1M	3.4%	$37.84 *	$27.49	+17.8%	COM	651639106
TU	Telus Corp.	1,136,521	$40.47M	3.1%	$35.61 *	$17.32	+5.1%	COM	87971M103
ENB	Enbridge Inc.	976,760	$34.3M	2.7%	$35.12 *	$23.29	-2.7%	COM	29250N105
SU	Suncor Energy Inc.	1,008,356	$31.83M	2.5%	$31.56 *	$19.57	+19.3%	COM	867224107
MEOH	Methanex Corp.	811,690	$28.82M	2.2%	$35.51 *	$53.53	-31.0%	COM	59151K108
—	Barrick Gold Corp.	1,559,112	$26.99M	2.1%	$17.31	$14.70	—	COM	067901108
CVE	Cenovus Energy Inc.	2,663,164	$25M	1.9%	$9.39 *	$16.74	-52.1%	COM	15135U109
TECK	Teck Resources Ltd.	1,391,420	$22.57M	1.7%	$16.22 *	$24.93	-24.2%	CL B	878742204
—	Crescent Point Energy Corp.	4,492,750	$19.21M	1.5%	$4.27	$7.55	—	COM	22576C101
—	Celestica Inc.	1,628,550	$11.69M	0.9%	$7.18	$10.26	—	SHS	15101Q108
CCJ	Cameco Corp.	1,131,200	$10.75M	0.8%	$9.50 *	$11.32	-19.1%	COM	13321L108
BCE	BCE Inc.	212,194	$10.27M	0.8%	$48.40 *	$23.16	+32.2%	COM NEW	05534B760
HBM	Hudbay Minerals Inc.	2,577,529	$9.306M	0.7%	$3.61 *	$4.07	0.0%	COM	443628102
GIL	Gildan Activewear Class A	234,800	$8.339M	0.6%	$35.52 *	$21.84	+54.8%	COM	375916103
TAC	Transalta Corp.	1,188,050	$7.735M	0.6%	$6.51 *	$5.53	+14.6%	COM	89346D107
—	Brookfield Asset Management Inc.	83,800	$4.453M	0.3%	$53.14	$53.14	—	CL A LTD VT SH	112585104