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

Location: Toronto, Ontario, Canada

CIK: 0001426327 · Show all filings

Period: Q3 2023 (← Previous) (Next →)

Filing Date: Nov 9, 2023

Total Value: $1.185B (100.0% shares, 0.0% debt)

Holdings (32)

TD TORONTO DOMINION BK ONT 10.6%

Value $125M Shares 2,079,208 Share Price $60.24 * Est. Cost/Share $46.82 Unrealized @ Report Date +33.1%

SU SUNCOR ENERGY INC NEW 6.5%

Value $77.62M Shares 2,257,256 Share Price $34.39 * Est. Cost/Share $17.01 Unrealized @ Report Date +73.3%

BNS BANK NOVA SCOTIA HALIFAX 6.1%

Value $72.07M Shares 1,607,920 Share Price $44.82 * Est. Cost/Share $36.46 Unrealized @ Report Date +16.0%

RY ROYAL BK CDA 5.8%

Value $68.61M Shares 785,184 Share Price $87.39 * Est. Cost/Share $63.53 Unrealized @ Report Date +46.4%

TRP TC ENERGY CORP 5.7%

Value $68.09M Shares 1,980,058 Share Price $34.39 * Est. Cost/Share $34.47 Unrealized @ Report Date -5.0%

CM CANADIAN IMPERIAL BK COMM TO 5.0%

Value $59.21M Shares 1,533,897 Share Price $38.60 * Est. Cost/Share $34.95 Unrealized @ Report Date +6.9%

CP CANADIAN PACIFIC KANSAS CITY 4.6%

Value $54.01M Shares 726,656 Share Price $74.33 * Est. Cost/Share $77.51 Unrealized @ Report Date +0.7%

BN BROOKFIELD CORP 4.1%

Value $49.16M Shares 1,572,157 Share Price $31.27 * Est. Cost/Share $21.91 Unrealized @ Report Date +1.1%

CNI CANADIAN NATL RY CO 4.1%

Value $48.3M Shares 446,076 Share Price $108.29 Est. Cost/Share $49.09 Unrealized @ Report Date +122.7%

CVE CENOVUS ENERGY INC 4.0%

Value $47.74M Shares 2,293,042 Share Price $20.82 * Est. Cost/Share $14.36 Unrealized @ Report Date +24.7%

GIB CGI INC 3.7%

Value $43.58M Shares 442,202 Share Price $98.56 * Est. Cost/Share $79.24 Unrealized @ Report Date +28.2%

RCI ROGERS COMMUNICATIONS INC 3.5%

Value $42.02M Shares 1,094,387 Share Price $38.39 * Est. Cost/Share $46.94 Unrealized @ Report Date -10.6%

MGA MAGNA INTL INC 3.4%

Value $40.89M Shares 763,024 Share Price $53.59 Est. Cost/Share $48.70 Unrealized @ Report Date +9.2%

QSR RESTAURANT BRANDS INTL INC 3.2%

Value $37.83M Shares 568,088 Share Price $66.59 * Est. Cost/Share $58.06 Unrealized @ Report Date +23.7%

GIL GILDAN ACTIVEWEAR INC 3.0%

Value $35.3M Shares 1,259,624 Share Price $28.03 * Est. Cost/Share $26.06 Unrealized @ Report Date +10.3%

— BARRICK GOLD CORP 2.9%

Value $34.78M Shares 2,394,696 Share Price $14.53 Est. Cost/Share $16.22 Unrealized @ Report Date —

NTR NUTRIEN LTD 2.8%

Value $33.14M Shares 536,702 Share Price $61.75 * Est. Cost/Share $40.86 Unrealized @ Report Date +42.6%

ENB ENBRIDGE INC 2.8%

Value $33.06M Shares 996,760 Share Price $33.17 * Est. Cost/Share $23.98 Unrealized @ Report Date +26.7%

MEOH METHANEX CORP 2.6%

Value $31.05M Shares 689,056 Share Price $45.06 * Est. Cost/Share $48.78 Unrealized @ Report Date -12.2%

CNQ CANADIAN NAT RES LTD 2.5%

Value $29.44M Shares 455,260 Share Price $64.67 * Est. Cost/Share $9.96 Unrealized @ Report Date +179.8%

TU TELUS CORPORATION 1.9%

Value $22.5M Shares 1,377,909 Share Price $16.33 * Est. Cost/Share $18.34 Unrealized @ Report Date -3.9%

MFC MANULIFE FINL CORP 1.8%

Value $20.81M Shares 1,139,074 Share Price $18.27 * Est. Cost/Share $19.43 Unrealized @ Report Date -2.7%

BMO BANK MONTREAL QUE 1.5%

Value $17.86M Shares 211,689 Share Price $84.35 * Est. Cost/Share $73.94 Unrealized @ Report Date +7.6%

— TELUS INTL CDA INC 1.3%

Value $15.42M Shares 2,028,193 Share Price $7.60 Est. Cost/Share $8.86 Unrealized @ Report Date —

TECK TECK RESOURCES LTD 1.3%

Value $15.25M Shares 354,260 Share Price $43.04 * Est. Cost/Share $17.34 Unrealized @ Report Date +139.0%

GOOS CANADA GOOSE HLDGS INC 1.1%

Value $13.12M Shares 894,902 Share Price $14.67 * Est. Cost/Share $17.83 Unrealized @ Report Date -8.5%

WFG WEST FRASER TIMBER CO LTD 1.0%

Value $11.53M Shares 158,880 Share Price $72.60 * Est. Cost/Share $76.84 Unrealized @ Report Date +2.3%

NEM NEWMONT CORP 0.9%

Value $10.36M Shares 280,667 Share Price $36.93 * Est. Cost/Share $28.46 Unrealized @ Report Date +34.7%

ASTL ALGOMA STL GROUP INC 0.7%

Value $7.755M Shares 1,143,731 Share Price $6.78 Est. Cost/Share $7.00 Unrealized @ Report Date -2.4%

BBU BROOKFIELD BUSINESS PARTNERS 0.6%

Value $7.126M Shares 469,422 Share Price $15.18 Est. Cost/Share $15.18 Unrealized @ Report Date —

AEM AGNICO EAGLE MINES LTD 0.6%

Value $6.56M Shares 144,380 Share Price $45.44 * Est. Cost/Share $49.08 Unrealized @ Report Date -4.9%

EFXT ENERFLEX LTD 0.5%

Value $5.998M Shares 1,044,495 Share Price $5.74 * Est. Cost/Share $5.50 Unrealized @ Report Date +19.1%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
TD	TORONTO DOMINION BK ONT	2,079,208	$125M	10.6%	$60.24 *	$46.82	+33.1%	COM NEW	891160509
SU	SUNCOR ENERGY INC NEW	2,257,256	$77.62M	6.5%	$34.39 *	$17.01	+73.3%	COM	867224107
BNS	BANK NOVA SCOTIA HALIFAX	1,607,920	$72.07M	6.1%	$44.82 *	$36.46	+16.0%	COM	064149107
RY	ROYAL BK CDA	785,184	$68.61M	5.8%	$87.39 *	$63.53	+46.4%	COM	780087102
TRP	TC ENERGY CORP	1,980,058	$68.09M	5.7%	$34.39 *	$34.47	-5.0%	COM	87807B107
CM	CANADIAN IMPERIAL BK COMM TO	1,533,897	$59.21M	5.0%	$38.60 *	$34.95	+6.9%	COM	136069101
CP	CANADIAN PACIFIC KANSAS CITY	726,656	$54.01M	4.6%	$74.33 *	$77.51	+0.7%	COM	13646K108
BN	BROOKFIELD CORP	1,572,157	$49.16M	4.1%	$31.27 *	$21.91	+1.1%	CL A LTD VT SH	11271J107
CNI	CANADIAN NATL RY CO	446,076	$48.3M	4.1%	$108.29	$49.09	+122.7%	COM	136375102
CVE	CENOVUS ENERGY INC	2,293,042	$47.74M	4.0%	$20.82 *	$14.36	+24.7%	COM	15135U109
GIB	CGI INC	442,202	$43.58M	3.7%	$98.56 *	$79.24	+28.2%	CL A SUB VTG	12532H104
RCI	ROGERS COMMUNICATIONS INC	1,094,387	$42.02M	3.5%	$38.39 *	$46.94	-10.6%	CL B	775109200
MGA	MAGNA INTL INC	763,024	$40.89M	3.4%	$53.59	$48.70	+9.2%	COM	559222401
QSR	RESTAURANT BRANDS INTL INC	568,088	$37.83M	3.2%	$66.59 *	$58.06	+23.7%	COM	76131D103
GIL	GILDAN ACTIVEWEAR INC	1,259,624	$35.3M	3.0%	$28.03 *	$26.06	+10.3%	COM	375916103
—	BARRICK GOLD CORP	2,394,696	$34.78M	2.9%	$14.53	$16.22	—	COM	067901108
NTR	NUTRIEN LTD	536,702	$33.14M	2.8%	$61.75 *	$40.86	+42.6%	COM	67077M108
ENB	ENBRIDGE INC	996,760	$33.06M	2.8%	$33.17 *	$23.98	+26.7%	COM	29250N105
MEOH	METHANEX CORP	689,056	$31.05M	2.6%	$45.06 *	$48.78	-12.2%	COM	59151K108
CNQ	CANADIAN NAT RES LTD	455,260	$29.44M	2.5%	$64.67 *	$9.96	+179.8%	COM	136385101
TU	TELUS CORPORATION	1,377,909	$22.5M	1.9%	$16.33 *	$18.34	-3.9%	COM	87971M103
MFC	MANULIFE FINL CORP	1,139,074	$20.81M	1.8%	$18.27 *	$19.43	-2.7%	COM	56501R106
BMO	BANK MONTREAL QUE	211,689	$17.86M	1.5%	$84.35 *	$73.94	+7.6%	COM	063671101
—	TELUS INTL CDA INC	2,028,193	$15.42M	1.3%	$7.60	$8.86	—	SUB VTG SHS	87975H100
TECK	TECK RESOURCES LTD	354,260	$15.25M	1.3%	$43.04 *	$17.34	+139.0%	CL B	878742204
GOOS	CANADA GOOSE HLDGS INC	894,902	$13.12M	1.1%	$14.67 *	$17.83	-8.5%	SHS SUB VTG	135086106
WFG	WEST FRASER TIMBER CO LTD	158,880	$11.53M	1.0%	$72.60 *	$76.84	+2.3%	COM	952845105
NEM	NEWMONT CORP	280,667	$10.36M	0.9%	$36.93 *	$28.46	+34.7%	COM	651639106
ASTL	ALGOMA STL GROUP INC	1,143,731	$7.755M	0.7%	$6.78	$7.00	-2.4%	COM	015658107
BBU	BROOKFIELD BUSINESS PARTNERS	469,422	$7.126M	0.6%	$15.18	$15.18	—	UNIT LTD L P	G16234109
AEM	AGNICO EAGLE MINES LTD	144,380	$6.56M	0.6%	$45.44 *	$49.08	-4.9%	COM	008474108
EFXT	ENERFLEX LTD	1,044,495	$5.998M	0.5%	$5.74 *	$5.50	+19.1%	COM	29269R105