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

Location: Toronto, Ontario, Canada

CIK: 0001426327 · Show all filings

Period: Q4 2019 (← Previous) (Next →)

Filing Date: Feb 12, 2020

Total Value: $1.358B (100.0% shares, 0.0% debt)

Holdings (27)

TD Toronto-Dominion Bank 10.4%

Value $141M Shares 2,517,147 Share Price $56.16 Est. Cost/Share $44.28 Unrealized @ Report Date +28.1%

RY Royal Bank of Canada 9.5%

Value $129M Shares 1,630,643 Share Price $79.24 Est. Cost/Share $61.81 Unrealized @ Report Date +30.3%

BNS Bank of Nova Scotia 8.3%

Value $113M Shares 2,000,228 Share Price $56.56 * Est. Cost/Share $34.62 Unrealized @ Report Date +17.7%

CM Canadian Imperial Bank of Commerce 6.8%

Value $91.75M Shares 1,101,088 Share Price $83.33 * Est. Cost/Share $22.75 Unrealized @ Report Date +39.2%

CNI Canadian National Railway 6.4%

Value $86.48M Shares 954,616 Share Price $90.59 * Est. Cost/Share $46.50 Unrealized @ Report Date +72.0%

TRP TC Energy Corp 6.2%

Value $84.3M Shares 1,580,600 Share Price $53.33 * Est. Cost/Share $34.34 Unrealized @ Report Date +8.9%

— Canadian Pacific Railway Ltd. 4.6%

Value $61.83M Shares 242,200 Share Price $255.28 Est. Cost/Share $147.56 Unrealized @ Report Date —

RCI Rogers Comm Inc. Class B 4.2%

Value $57.69M Shares 1,160,241 Share Price $49.72 * Est. Cost/Share $47.41 Unrealized @ Report Date +1.6%

NTR Nutrien Ltd 4.1%

Value $56.28M Shares 1,173,846 Share Price $47.94 * Est. Cost/Share $38.40 Unrealized @ Report Date +2.1%

NEM Newmont Corp 3.9%

Value $53.48M Shares 1,228,787 Share Price $43.52 * Est. Cost/Share $27.76 Unrealized @ Report Date +17.9%

MGA Magna International Inc. Class A 3.9%

Value $53.13M Shares 967,610 Share Price $54.91 * Est. Cost/Share $34.66 Unrealized @ Report Date +28.5%

CNQ Canadian Natural Resources Ltd. 3.9%

Value $52.72M Shares 1,627,720 Share Price $32.39 * Est. Cost/Share $9.61 Unrealized @ Report Date +2.7%

TU Telus Corp. 3.4%

Value $45.65M Shares 1,177,343 Share Price $38.77 * Est. Cost/Share $17.36 Unrealized @ Report Date +6.7%

MFC Manulife Financial Corp. 3.3%

Value $44.16M Shares 2,172,290 Share Price $20.33 * Est. Cost/Share $15.36 Unrealized @ Report Date +24.3%

ENB Enbridge Inc. 3.0%

Value $40.6M Shares 1,019,800 Share Price $39.81 * Est. Cost/Share $23.36 Unrealized @ Report Date +6.4%

SU Suncor Energy Inc. 2.5%

Value $34.05M Shares 1,037,586 Share Price $32.82 * Est. Cost/Share $19.71 Unrealized @ Report Date +24.3%

MEOH Methanex Corp. 2.4%

Value $32.35M Shares 836,510 Share Price $38.67 * Est. Cost/Share $53.05 Unrealized @ Report Date -29.3%

— Barrick Gold Corp. 2.2%

Value $30.52M Shares 1,640,812 Share Price $18.60 Est. Cost/Share $14.89 Unrealized @ Report Date —

CVE Cenovus Energy Inc. 2.1%

Value $27.91M Shares 2,742,334 Share Price $10.18 * Est. Cost/Share $16.49 Unrealized @ Report Date -51.2%

TECK Teck Resources Ltd. 1.9%

Value $26.33M Shares 1,515,905 Share Price $17.37 * Est. Cost/Share $24.22 Unrealized @ Report Date -32.6%

— Brookfield Asset Management Inc. 1.8%

Value $25.09M Shares 433,700 Share Price $57.86 Est. Cost/Share $56.95 Unrealized @ Report Date —

— Crescent Point Energy Corp. 1.5%

Value $20.79M Shares 4,656,890 Share Price $4.46 Est. Cost/Share $7.44 Unrealized @ Report Date —

— Celestica Inc. 1.0%

Value $13.93M Shares 1,676,890 Share Price $8.31 Est. Cost/Share $10.21 Unrealized @ Report Date —

HBM Hudbay Minerals Inc. 1.0%

Value $12.96M Shares 3,123,939 Share Price $4.15 * Est. Cost/Share $3.99 Unrealized @ Report Date -9.4%

CCJ Cameco Corp. 0.8%

Value $10.28M Shares 1,154,800 Share Price $8.90 Est. Cost/Share $11.28 Unrealized @ Report Date -19.8%

GIL Gildan Activewear Class A 0.5%

Value $7.192M Shares 242,930 Share Price $29.61 * Est. Cost/Share $22.00 Unrealized @ Report Date +20.2%

BCE BCE Inc. 0.3%

Value $4.415M Shares 95,174 Share Price $46.39 * Est. Cost/Share $23.16 Unrealized @ Report Date +37.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
TD	Toronto-Dominion Bank	2,517,147	$141M	10.4%	$56.16	$44.28	+28.1%	COM NEW	891160509
RY	Royal Bank of Canada	1,630,643	$129M	9.5%	$79.24	$61.81	+30.3%	COM	780087102
BNS	Bank of Nova Scotia	2,000,228	$113M	8.3%	$56.56 *	$34.62	+17.7%	COM	064149107
CM	Canadian Imperial Bank of Commerce	1,101,088	$91.75M	6.8%	$83.33 *	$22.75	+39.2%	COM	136069101
CNI	Canadian National Railway	954,616	$86.48M	6.4%	$90.59 *	$46.50	+72.0%	COM	136375102
TRP	TC Energy Corp	1,580,600	$84.3M	6.2%	$53.33 *	$34.34	+8.9%	COM	87807B107
—	Canadian Pacific Railway Ltd.	242,200	$61.83M	4.6%	$255.28	$147.56	—	COM	13645T100
RCI	Rogers Comm Inc. Class B	1,160,241	$57.69M	4.2%	$49.72 *	$47.41	+1.6%	CL B	775109200
NTR	Nutrien Ltd	1,173,846	$56.28M	4.1%	$47.94 *	$38.40	+2.1%	COM	67077M108
NEM	Newmont Corp	1,228,787	$53.48M	3.9%	$43.52 *	$27.76	+17.9%	COM	651639106
MGA	Magna International Inc. Class A	967,610	$53.13M	3.9%	$54.91 *	$34.66	+28.5%	COM	559222401
CNQ	Canadian Natural Resources Ltd.	1,627,720	$52.72M	3.9%	$32.39 *	$9.61	+2.7%	COM	136385101
TU	Telus Corp.	1,177,343	$45.65M	3.4%	$38.77 *	$17.36	+6.7%	COM	87971M103
MFC	Manulife Financial Corp.	2,172,290	$44.16M	3.3%	$20.33 *	$15.36	+24.3%	COM	56501R106
ENB	Enbridge Inc.	1,019,800	$40.6M	3.0%	$39.81 *	$23.36	+6.4%	COM	29250N105
SU	Suncor Energy Inc.	1,037,586	$34.05M	2.5%	$32.82 *	$19.71	+24.3%	COM	867224107
MEOH	Methanex Corp.	836,510	$32.35M	2.4%	$38.67 *	$53.05	-29.3%	COM	59151K108
—	Barrick Gold Corp.	1,640,812	$30.52M	2.2%	$18.60	$14.89	—	COM	067901108
CVE	Cenovus Energy Inc.	2,742,334	$27.91M	2.1%	$10.18 *	$16.49	-51.2%	COM	15135U109
TECK	Teck Resources Ltd.	1,515,905	$26.33M	1.9%	$17.37 *	$24.22	-32.6%	CL B	878742204
—	Brookfield Asset Management Inc.	433,700	$25.09M	1.8%	$57.86	$56.95	—	CL A LTD VT SH	112585104
—	Crescent Point Energy Corp.	4,656,890	$20.79M	1.5%	$4.46	$7.44	—	COM	22576C101
—	Celestica Inc.	1,676,890	$13.93M	1.0%	$8.31	$10.21	—	SUB VTG SHS	15101Q108
HBM	Hudbay Minerals Inc.	3,123,939	$12.96M	1.0%	$4.15 *	$3.99	-9.4%	COM	443628102
CCJ	Cameco Corp.	1,154,800	$10.28M	0.8%	$8.90	$11.28	-19.8%	COM	13321L108
GIL	Gildan Activewear Class A	242,930	$7.192M	0.5%	$29.61 *	$22.00	+20.2%	COM	375916103
BCE	BCE Inc.	95,174	$4.415M	0.3%	$46.39 *	$23.16	+37.0%	COM NEW	05534B760