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

Location: Toronto, Ontario, Canada

CIK: 0001426327 · Show all filings

Period: Q2 2023 (← Previous) (Next →)

Filing Date: Aug 10, 2023

Total Value: $1.25B (100.0% shares, 0.0% debt)

Holdings (31)

TD TORONTO DOMINION BK ONT 10.5%

Value $131M Shares 2,114,838 Share Price $61.97 * Est. Cost/Share $46.82 Unrealized @ Report Date +28.5%

BNS BANK NOVA SCOTIA HALIFAX 6.5%

Value $81.83M Shares 1,635,756 Share Price $50.02 * Est. Cost/Share $36.46 Unrealized @ Report Date +18.2%

RY ROYAL BK CDA 6.1%

Value $76.23M Shares 798,275 Share Price $95.49 Est. Cost/Share $63.53 Unrealized @ Report Date +50.3%

TRP TC ENERGY CORP 6.0%

Value $75.36M Shares 1,865,011 Share Price $40.41 * Est. Cost/Share $34.57 Unrealized @ Report Date +3.4%

SU SUNCOR ENERGY INC NEW 5.4%

Value $67.34M Shares 2,296,004 Share Price $29.33 * Est. Cost/Share $17.01 Unrealized @ Report Date +59.5%

CM CANADIAN IMPERIAL BK COMM TO 5.0%

Value $63.05M Shares 1,476,876 Share Price $42.69 * Est. Cost/Share $34.86 Unrealized @ Report Date +8.0%

CP CANADIAN PACIFIC KANSAS CITY 4.8%

Value $59.69M Shares 739,162 Share Price $80.76 * Est. Cost/Share $77.51 Unrealized @ Report Date 0.0%

CNI CANADIAN NATL RY CO 4.4%

Value $54.88M Shares 453,292 Share Price $121.08 * Est. Cost/Share $49.09 Unrealized @ Report Date +129.0%

BN BROOKFIELD CORP 4.3%

Value $53.84M Shares 1,599,437 Share Price $33.66 * Est. Cost/Share $21.91 Unrealized @ Report Date -5.0%

RCI ROGERS COMMUNICATIONS INC 4.1%

Value $50.78M Shares 1,113,258 Share Price $45.62 * Est. Cost/Share $46.94 Unrealized @ Report Date -0.1%

GIB CGI INC 3.8%

Value $47.41M Shares 449,631 Share Price $105.44 * Est. Cost/Share $79.24 Unrealized @ Report Date +27.8%

QSR RESTAURANT BRANDS INTL INC 3.6%

Value $44.79M Shares 577,733 Share Price $77.52 * Est. Cost/Share $58.06 Unrealized @ Report Date +24.3%

MGA MAGNA INTL INC 3.5%

Value $43.84M Shares 776,689 Share Price $56.45 * Est. Cost/Share $48.70 Unrealized @ Report Date -1.5%

GIL GILDAN ACTIVEWEAR INC 3.3%

Value $41.31M Shares 1,281,525 Share Price $32.23 * Est. Cost/Share $26.06 Unrealized @ Report Date +12.0%

— BARRICK GOLD CORP 3.3%

Value $40.91M Shares 2,418,978 Share Price $16.91 Est. Cost/Share $16.22 Unrealized @ Report Date —

CVE CENOVUS ENERGY INC 3.2%

Value $39.6M Shares 2,332,098 Share Price $16.98 * Est. Cost/Share $14.36 Unrealized @ Report Date +9.3%

ENB ENBRIDGE INC 3.0%

Value $37.67M Shares 1,013,744 Share Price $37.16 * Est. Cost/Share $23.98 Unrealized @ Report Date +33.7%

NTR NUTRIEN LTD 2.6%

Value $32.21M Shares 545,746 Share Price $59.03 Est. Cost/Share $40.86 Unrealized @ Report Date +42.2%

MEOH METHANEX CORP 2.3%

Value $28.97M Shares 701,182 Share Price $41.31 * Est. Cost/Share $48.78 Unrealized @ Report Date -11.4%

CNQ CANADIAN NAT RES LTD 2.1%

Value $26.03M Shares 463,004 Share Price $56.21 * Est. Cost/Share $9.96 Unrealized @ Report Date +158.0%

MFC MANULIFE FINL CORP 1.9%

Value $24.37M Shares 1,289,340 Share Price $18.90 Est. Cost/Share $19.43 Unrealized @ Report Date -1.7%

TU TELUS CORPORATION 1.8%

Value $22.52M Shares 1,157,593 Share Price $19.46 * Est. Cost/Share $18.48 Unrealized @ Report Date +9.0%

TECK TECK RESOURCES LTD 1.6%

Value $19.67M Shares 467,651 Share Price $42.07 * Est. Cost/Share $17.34 Unrealized @ Report Date +147.8%

BMO BANK MONTREAL QUE 1.6%

Value $19.43M Shares 215,210 Share Price $90.30 * Est. Cost/Share $73.94 Unrealized @ Report Date +6.9%

EFXT ENERFLEX LTD 1.0%

Value $12.8M Shares 1,880,073 Share Price $6.81 * Est. Cost/Share $5.50 Unrealized @ Report Date +7.5%

NEM NEWMONT CORP 1.0%

Value $11.91M Shares 279,315 Share Price $42.63 Est. Cost/Share $28.46 Unrealized @ Report Date +48.9%

GOOS CANADA GOOSE HLDGS INC 0.9%

Value $11.31M Shares 635,303 Share Price $17.80 Est. Cost/Share $18.45 Unrealized @ Report Date -2.6%

WFG WEST FRASER TIMBER CO LTD 0.8%

Value $9.767M Shares 113,706 Share Price $85.90 * Est. Cost/Share $76.12 Unrealized @ Report Date -0.9%

ASTL ALGOMA STL GROUP INC 0.6%

Value $8.081M Shares 1,143,860 Share Price $7.06 Est. Cost/Share $7.00 Unrealized @ Report Date 0.0%

AEM AGNICO EAGLE MINES LTD 0.6%

Value $7.846M Shares 157,155 Share Price $49.93 * Est. Cost/Share $49.08 Unrealized @ Report Date +4.0%

— TELUS INTL CDA INC 0.4%

Value $5.12M Shares 337,676 Share Price $15.16 Est. Cost/Share $15.16 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
TD	TORONTO DOMINION BK ONT	2,114,838	$131M	10.5%	$61.97 *	$46.82	+28.5%	COM NEW	891160509
BNS	BANK NOVA SCOTIA HALIFAX	1,635,756	$81.83M	6.5%	$50.02 *	$36.46	+18.2%	COM	064149107
RY	ROYAL BK CDA	798,275	$76.23M	6.1%	$95.49	$63.53	+50.3%	COM	780087102
TRP	TC ENERGY CORP	1,865,011	$75.36M	6.0%	$40.41 *	$34.57	+3.4%	COM	87807B107
SU	SUNCOR ENERGY INC NEW	2,296,004	$67.34M	5.4%	$29.33 *	$17.01	+59.5%	COM	867224107
CM	CANADIAN IMPERIAL BK COMM TO	1,476,876	$63.05M	5.0%	$42.69 *	$34.86	+8.0%	COM	136069101
CP	CANADIAN PACIFIC KANSAS CITY	739,162	$59.69M	4.8%	$80.76 *	$77.51	0.0%	COM	13646K108
CNI	CANADIAN NATL RY CO	453,292	$54.88M	4.4%	$121.08 *	$49.09	+129.0%	COM	136375102
BN	BROOKFIELD CORP	1,599,437	$53.84M	4.3%	$33.66 *	$21.91	-5.0%	CL A LTD VT SH	11271J107
RCI	ROGERS COMMUNICATIONS INC	1,113,258	$50.78M	4.1%	$45.62 *	$46.94	-0.1%	CL B	775109200
GIB	CGI INC	449,631	$47.41M	3.8%	$105.44 *	$79.24	+27.8%	CL A SUB VTG	12532H104
QSR	RESTAURANT BRANDS INTL INC	577,733	$44.79M	3.6%	$77.52 *	$58.06	+24.3%	COM	76131D103
MGA	MAGNA INTL INC	776,689	$43.84M	3.5%	$56.45 *	$48.70	-1.5%	COM	559222401
GIL	GILDAN ACTIVEWEAR INC	1,281,525	$41.31M	3.3%	$32.23 *	$26.06	+12.0%	COM	375916103
—	BARRICK GOLD CORP	2,418,978	$40.91M	3.3%	$16.91	$16.22	—	COM	067901108
CVE	CENOVUS ENERGY INC	2,332,098	$39.6M	3.2%	$16.98 *	$14.36	+9.3%	COM	15135U109
ENB	ENBRIDGE INC	1,013,744	$37.67M	3.0%	$37.16 *	$23.98	+33.7%	COM	29250N105
NTR	NUTRIEN LTD	545,746	$32.21M	2.6%	$59.03	$40.86	+42.2%	COM	67077M108
MEOH	METHANEX CORP	701,182	$28.97M	2.3%	$41.31 *	$48.78	-11.4%	COM	59151K108
CNQ	CANADIAN NAT RES LTD	463,004	$26.03M	2.1%	$56.21 *	$9.96	+158.0%	COM	136385101
MFC	MANULIFE FINL CORP	1,289,340	$24.37M	1.9%	$18.90	$19.43	-1.7%	COM	56501R106
TU	TELUS CORPORATION	1,157,593	$22.52M	1.8%	$19.46 *	$18.48	+9.0%	COM	87971M103
TECK	TECK RESOURCES LTD	467,651	$19.67M	1.6%	$42.07 *	$17.34	+147.8%	CL B	878742204
BMO	BANK MONTREAL QUE	215,210	$19.43M	1.6%	$90.30 *	$73.94	+6.9%	COM	063671101
EFXT	ENERFLEX LTD	1,880,073	$12.8M	1.0%	$6.81 *	$5.50	+7.5%	COM	29269R105
NEM	NEWMONT CORP	279,315	$11.91M	1.0%	$42.63	$28.46	+48.9%	COM	651639106
GOOS	CANADA GOOSE HLDGS INC	635,303	$11.31M	0.9%	$17.80	$18.45	-2.6%	SHS SUB VTG	135086106
WFG	WEST FRASER TIMBER CO LTD	113,706	$9.767M	0.8%	$85.90 *	$76.12	-0.9%	COM	952845105
ASTL	ALGOMA STL GROUP INC	1,143,860	$8.081M	0.6%	$7.06	$7.00	0.0%	COM	015658107
AEM	AGNICO EAGLE MINES LTD	157,155	$7.846M	0.6%	$49.93 *	$49.08	+4.0%	COM	008474108
—	TELUS INTL CDA INC	337,676	$5.12M	0.4%	$15.16	$15.16	—	SUB VTG SHS	87975H100