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

Location: Toronto, Ontario, Canada

CIK: 0001426327 · Show all filings

Period: Q1 2024 (← Previous) (Next →)

Filing Date: May 9, 2024

Total Value: $1.352B (100.0% shares, 0.0% debt)

Holdings (33)

RY ROYAL BK CDA 9.3%

Value $126M Shares 1,251,576 Share Price $100.90 * Est. Cost/Share $74.08 Unrealized @ Report Date +33.2%

TD TORONTO DOMINION BK ONT 8.5%

Value $115M Shares 1,906,354 Share Price $60.38 Est. Cost/Share $46.82 Unrealized @ Report Date +29.0%

SU SUNCOR ENERGY INC NEW 6.3%

Value $84.83M Shares 2,297,548 Share Price $36.92 * Est. Cost/Share $17.27 Unrealized @ Report Date +83.3%

TRP TC ENERGY CORP 6.1%

Value $82.22M Shares 2,044,875 Share Price $40.21 * Est. Cost/Share $34.41 Unrealized @ Report Date +5.5%

BNS BANK NOVA SCOTIA HALIFAX 5.7%

Value $77.67M Shares 1,500,797 Share Price $51.75 * Est. Cost/Share $36.46 Unrealized @ Report Date +20.0%

CM CANADIAN IMPERIAL BK COMM TO 4.8%

Value $64.28M Shares 1,267,310 Share Price $50.72 * Est. Cost/Share $34.95 Unrealized @ Report Date +26.0%

BN BROOKFIELD CORP 4.8%

Value $64.26M Shares 1,535,040 Share Price $41.86 * Est. Cost/Share $21.91 Unrealized @ Report Date +21.6%

CP CANADIAN PACIFIC KANSAS CITY 4.4%

Value $59.16M Shares 670,732 Share Price $88.21 * Est. Cost/Share $77.51 Unrealized @ Report Date +6.9%

CNI CANADIAN NATL RY CO 4.1%

Value $55.67M Shares 422,553 Share Price $131.74 * Est. Cost/Share $49.09 Unrealized @ Report Date +150.6%

GIB CGI INC 3.5%

Value $47.74M Shares 432,569 Share Price $110.37 Est. Cost/Share $79.24 Unrealized @ Report Date +40.4%

CVE CENOVUS ENERGY INC 3.5%

Value $47.72M Shares 2,385,715 Share Price $20.00 * Est. Cost/Share $14.48 Unrealized @ Report Date +11.9%

QSR RESTAURANT BRANDS INTL INC 3.3%

Value $44.16M Shares 555,802 Share Price $79.45 Est. Cost/Share $58.06 Unrealized @ Report Date +34.3%

GIL GILDAN ACTIVEWEAR INC 3.0%

Value $40.99M Shares 1,104,100 Share Price $37.13 * Est. Cost/Share $26.06 Unrealized @ Report Date +26.2%

RCI ROGERS COMMUNICATIONS INC 3.0%

Value $40.79M Shares 995,116 Share Price $40.99 * Est. Cost/Share $46.94 Unrealized @ Report Date -3.6%

MGA MAGNA INTL INC 3.0%

Value $40.63M Shares 745,474 Share Price $54.50 * Est. Cost/Share $48.70 Unrealized @ Report Date +5.1%

— BARRICK GOLD CORP 2.9%

Value $38.95M Shares 2,340,443 Share Price $16.64 Est. Cost/Share $16.22 Unrealized @ Report Date —

ENB ENBRIDGE INC 2.6%

Value $35.34M Shares 977,563 Share Price $36.15 * Est. Cost/Share $23.98 Unrealized @ Report Date +31.5%

MFC MANULIFE FINL CORP 2.5%

Value $34.3M Shares 1,372,878 Share Price $24.99 * Est. Cost/Share $19.39 Unrealized @ Report Date +18.5%

CNQ CANADIAN NAT RES LTD 2.5%

Value $34.05M Shares 446,117 Share Price $76.32 * Est. Cost/Share $9.96 Unrealized @ Report Date +212.9%

NTR NUTRIEN LTD 2.5%

Value $33.31M Shares 612,805 Share Price $54.35 * Est. Cost/Share $41.98 Unrealized @ Report Date +16.4%

MEOH METHANEX CORP 2.2%

Value $30.11M Shares 675,258 Share Price $44.59 Est. Cost/Share $48.78 Unrealized @ Report Date -8.6%

TU TELUS CORPORATION 1.9%

Value $25.48M Shares 1,592,000 Share Price $16.01 * Est. Cost/Share $18.20 Unrealized @ Report Date -3.9%

BMO BANK MONTREAL QUE 1.5%

Value $20.24M Shares 207,177 Share Price $97.68 * Est. Cost/Share $73.94 Unrealized @ Report Date +18.6%

— TELUS INTL CDA INC 1.2%

Value $16.85M Shares 1,989,246 Share Price $8.47 Est. Cost/Share $8.86 Unrealized @ Report Date —

TECK TECK RESOURCES LTD 1.2%

Value $15.87M Shares 346,592 Share Price $45.79 * Est. Cost/Share $17.34 Unrealized @ Report Date +131.6%

GOOS CANADA GOOSE HLDGS INC 1.1%

Value $14.92M Shares 1,236,743 Share Price $12.06 * Est. Cost/Share $16.32 Unrealized @ Report Date -23.9%

BBU BROOKFIELD BUSINESS PARTNERS 0.9%

Value $12.44M Shares 561,533 Share Price $22.16 Est. Cost/Share $16.10 Unrealized @ Report Date —

ASTL ALGOMA STL GROUP INC 0.9%

Value $12.42M Shares 1,455,820 Share Price $8.53 * Est. Cost/Share $7.09 Unrealized @ Report Date +14.9%

WFG WEST FRASER TIMBER CO LTD 0.9%

Value $12.18M Shares 140,997 Share Price $86.38 * Est. Cost/Share $76.84 Unrealized @ Report Date +6.4%

NEM NEWMONT CORP 0.7%

Value $9.922M Shares 276,646 Share Price $35.87 * Est. Cost/Share $28.46 Unrealized @ Report Date +16.5%

AEM AGNICO EAGLE MINES LTD 0.6%

Value $8.587M Shares 143,947 Share Price $59.66 * Est. Cost/Share $49.06 Unrealized @ Report Date +1.0%

EFXT ENERFLEX LTD 0.4%

Value $5.925M Shares 1,018,034 Share Price $5.82 * Est. Cost/Share $5.50 Unrealized @ Report Date -4.5%

WBD WARNER BROS DISCOVERY INC 0.0%

Value $91,098 Shares 10,435 Share Price $8.73 * Est. Cost/Share $9.64 Unrealized @ Report Date 0.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
RY	ROYAL BK CDA	1,251,576	$126M	9.3%	$100.90 *	$74.08	+33.2%	COM	780087102
TD	TORONTO DOMINION BK ONT	1,906,354	$115M	8.5%	$60.38	$46.82	+29.0%	COM NEW	891160509
SU	SUNCOR ENERGY INC NEW	2,297,548	$84.83M	6.3%	$36.92 *	$17.27	+83.3%	COM	867224107
TRP	TC ENERGY CORP	2,044,875	$82.22M	6.1%	$40.21 *	$34.41	+5.5%	COM	87807B107
BNS	BANK NOVA SCOTIA HALIFAX	1,500,797	$77.67M	5.7%	$51.75 *	$36.46	+20.0%	COM	064149107
CM	CANADIAN IMPERIAL BK COMM TO	1,267,310	$64.28M	4.8%	$50.72 *	$34.95	+26.0%	COM	136069101
BN	BROOKFIELD CORP	1,535,040	$64.26M	4.8%	$41.86 *	$21.91	+21.6%	CL A LTD VT SH	11271J107
CP	CANADIAN PACIFIC KANSAS CITY	670,732	$59.16M	4.4%	$88.21 *	$77.51	+6.9%	COM	13646K108
CNI	CANADIAN NATL RY CO	422,553	$55.67M	4.1%	$131.74 *	$49.09	+150.6%	COM	136375102
GIB	CGI INC	432,569	$47.74M	3.5%	$110.37	$79.24	+40.4%	CL A SUB VTG	12532H104
CVE	CENOVUS ENERGY INC	2,385,715	$47.72M	3.5%	$20.00 *	$14.48	+11.9%	COM	15135U109
QSR	RESTAURANT BRANDS INTL INC	555,802	$44.16M	3.3%	$79.45	$58.06	+34.3%	COM	76131D103
GIL	GILDAN ACTIVEWEAR INC	1,104,100	$40.99M	3.0%	$37.13 *	$26.06	+26.2%	COM	375916103
RCI	ROGERS COMMUNICATIONS INC	995,116	$40.79M	3.0%	$40.99 *	$46.94	-3.6%	CL B	775109200
MGA	MAGNA INTL INC	745,474	$40.63M	3.0%	$54.50 *	$48.70	+5.1%	COM	559222401
—	BARRICK GOLD CORP	2,340,443	$38.95M	2.9%	$16.64	$16.22	—	COM	067901108
ENB	ENBRIDGE INC	977,563	$35.34M	2.6%	$36.15 *	$23.98	+31.5%	COM	29250N105
MFC	MANULIFE FINL CORP	1,372,878	$34.3M	2.5%	$24.99 *	$19.39	+18.5%	COM	56501R106
CNQ	CANADIAN NAT RES LTD	446,117	$34.05M	2.5%	$76.32 *	$9.96	+212.9%	COM	136385101
NTR	NUTRIEN LTD	612,805	$33.31M	2.5%	$54.35 *	$41.98	+16.4%	COM	67077M108
MEOH	METHANEX CORP	675,258	$30.11M	2.2%	$44.59	$48.78	-8.6%	COM	59151K108
TU	TELUS CORPORATION	1,592,000	$25.48M	1.9%	$16.01 *	$18.20	-3.9%	COM	87971M103
BMO	BANK MONTREAL QUE	207,177	$20.24M	1.5%	$97.68 *	$73.94	+18.6%	COM	063671101
—	TELUS INTL CDA INC	1,989,246	$16.85M	1.2%	$8.47	$8.86	—	SUB VTG SHS	87975H100
TECK	TECK RESOURCES LTD	346,592	$15.87M	1.2%	$45.79 *	$17.34	+131.6%	CL B	878742204
GOOS	CANADA GOOSE HLDGS INC	1,236,743	$14.92M	1.1%	$12.06 *	$16.32	-23.9%	SHS SUB VTG	135086106
BBU	BROOKFIELD BUSINESS PARTNERS	561,533	$12.44M	0.9%	$22.16	$16.10	—	UNIT LTD L P	G16234109
ASTL	ALGOMA STL GROUP INC	1,455,820	$12.42M	0.9%	$8.53 *	$7.09	+14.9%	COM	015658107
WFG	WEST FRASER TIMBER CO LTD	140,997	$12.18M	0.9%	$86.38 *	$76.84	+6.4%	COM	952845105
NEM	NEWMONT CORP	276,646	$9.922M	0.7%	$35.87 *	$28.46	+16.5%	COM	651639106
AEM	AGNICO EAGLE MINES LTD	143,947	$8.587M	0.6%	$59.66 *	$49.06	+1.0%	COM	008474108
EFXT	ENERFLEX LTD	1,018,034	$5.925M	0.4%	$5.82 *	$5.50	-4.5%	COM	29269R105
WBD	WARNER BROS DISCOVERY INC	10,435	$91,098	0.0%	$8.73 *	$9.64	0.0%	COM SER A	934423104