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

Location: Toronto, Ontario, Canada

CIK: 0001426327 · Show all filings

Period: Q2 2024 (← Previous) (Next →)

Filing Date: Aug 8, 2024

Total Value: $1.306B (100.0% shares, 0.0% debt)

Holdings (35)

RY ROYAL BK CDA 10.1%

Value $133M Shares 1,244,596 Share Price $106.48 * Est. Cost/Share $74.08 Unrealized @ Report Date +38.8%

TD TORONTO DOMINION BK ONT 8.0%

Value $104M Shares 1,897,409 Share Price $54.98 * Est. Cost/Share $46.82 Unrealized @ Report Date +20.9%

SU SUNCOR ENERGY INC NEW 6.7%

Value $87.1M Shares 2,284,698 Share Price $38.12 * Est. Cost/Share $17.27 Unrealized @ Report Date +112.8%

TRP TC ENERGY CORP 5.9%

Value $77.08M Shares 2,032,995 Share Price $37.91 * Est. Cost/Share $34.41 Unrealized @ Report Date +3.0%

BNS BANK NOVA SCOTIA HALIFAX 5.2%

Value $68.3M Shares 1,492,947 Share Price $45.75 * Est. Cost/Share $36.46 Unrealized @ Report Date +20.5%

BN BROOKFIELD CORP 4.9%

Value $63.56M Shares 1,528,080 Share Price $41.60 * Est. Cost/Share $21.91 Unrealized @ Report Date +25.8%

CM CANADIAN IMPERIAL BK COMM TO 4.6%

Value $59.93M Shares 1,260,258 Share Price $47.56 * Est. Cost/Share $34.95 Unrealized @ Report Date +31.1%

CP CANADIAN PACIFIC KANSAS CITY 4.0%

Value $52.54M Shares 667,092 Share Price $78.76 * Est. Cost/Share $77.51 Unrealized @ Report Date +3.8%

CNI CANADIAN NATL RY CO 3.8%

Value $49.66M Shares 420,233 Share Price $118.18 * Est. Cost/Share $49.09 Unrealized @ Report Date +146.6%

CVE CENOVUS ENERGY INC 3.6%

Value $46.66M Shares 2,373,465 Share Price $19.66 Est. Cost/Share $14.48 Unrealized @ Report Date +33.5%

TU TELUS CORPORATION 3.4%

Value $44.97M Shares 2,970,170 Share Price $15.14 * Est. Cost/Share $17.23 Unrealized @ Report Date -6.5%

— BARRICK GOLD CORP 3.3%

Value $43.25M Shares 2,592,255 Share Price $16.68 Est. Cost/Share $16.26 Unrealized @ Report Date —

RCI ROGERS COMMUNICATIONS INC 3.2%

Value $41.73M Shares 1,128,166 Share Price $36.99 * Est. Cost/Share $45.98 Unrealized @ Report Date -15.6%

GIL GILDAN ACTIVEWEAR INC 3.2%

Value $41.63M Shares 1,097,330 Share Price $37.93 * Est. Cost/Share $26.06 Unrealized @ Report Date +35.3%

GIB CGI INC 3.0%

Value $39.3M Shares 393,732 Share Price $99.83 * Est. Cost/Share $79.24 Unrealized @ Report Date +29.1%

QSR RESTAURANT BRANDS INTL INC 3.0%

Value $38.95M Shares 552,662 Share Price $70.47 Est. Cost/Share $58.06 Unrealized @ Report Date +23.0%

MFC MANULIFE FINL CORP 2.8%

Value $36.42M Shares 1,367,608 Share Price $26.63 * Est. Cost/Share $19.39 Unrealized @ Report Date +29.0%

CNQ CANADIAN NAT RES LTD 2.4%

Value $31.69M Shares 889,424 Share Price $35.62 Est. Cost/Share $22.65 Unrealized @ Report Date +56.4%

NTR NUTRIEN LTD 2.4%

Value $30.99M Shares 608,575 Share Price $50.92 Est. Cost/Share $41.98 Unrealized @ Report Date +23.5%

ENB ENBRIDGE INC 2.3%

Value $30.09M Shares 845,773 Share Price $35.58 * Est. Cost/Share $23.98 Unrealized @ Report Date +34.9%

MGA MAGNA INTL INC 2.2%

Value $28.35M Shares 676,385 Share Price $41.92 * Est. Cost/Share $48.70 Unrealized @ Report Date -10.1%

MEOH METHANEX CORP 1.6%

Value $21.09M Shares 436,772 Share Price $48.29 * Est. Cost/Share $48.78 Unrealized @ Report Date +2.2%

BMO BANK MONTREAL QUE 1.3%

Value $17.26M Shares 205,577 Share Price $83.95 Est. Cost/Share $73.94 Unrealized @ Report Date +15.4%

— TELUS INTL CDA INC 1.3%

Value $17.2M Shares 2,977,786 Share Price $5.78 Est. Cost/Share $7.84 Unrealized @ Report Date —

TECK TECK RESOURCES LTD 1.3%

Value $16.56M Shares 345,542 Share Price $47.93 * Est. Cost/Share $17.34 Unrealized @ Report Date +183.8%

GOOS CANADA GOOSE HLDGS INC 1.2%

Value $15.84M Shares 1,224,973 Share Price $12.93 * Est. Cost/Share $16.32 Unrealized @ Report Date -23.9%

ASTL ALGOMA STL GROUP INC 1.2%

Value $15.13M Shares 2,181,283 Share Price $6.94 * Est. Cost/Share $7.22 Unrealized @ Report Date +3.5%

NEM NEWMONT CORP 0.9%

Value $11.22M Shares 268,026 Share Price $41.85 * Est. Cost/Share $28.46 Unrealized @ Report Date +39.2%

WFG WEST FRASER TIMBER CO LTD 0.8%

Value $10.81M Shares 140,677 Share Price $76.81 * Est. Cost/Share $76.84 Unrealized @ Report Date +3.3%

BBU BROOKFIELD BUSINESS PARTNERS 0.8%

Value $10.6M Shares 559,463 Share Price $18.94 Est. Cost/Share $16.10 Unrealized @ Report Date —

— OSISKO GOLD ROYALTIES LTD 0.7%

Value $9.78M Shares 627,447 Share Price $15.59 Est. Cost/Share $15.59 Unrealized @ Report Date —

OTEX OPEN TEXT CORP 0.4%

Value $5.846M Shares 194,659 Share Price $30.03 Est. Cost/Share $30.23 Unrealized @ Report Date 0.0%

EFXT ENERFLEX LTD 0.4%

Value $5.43M Shares 1,006,444 Share Price $5.40 Est. Cost/Share $5.50 Unrealized @ Report Date -2.8%

AEM AGNICO EAGLE MINES LTD 0.0%

Value $301K Shares 4,605 Share Price $65.42 * Est. Cost/Share $49.06 Unrealized @ Report Date +29.5%

WBD WARNER BROS DISCOVERY INC 0.0%

Value $95,120 Shares 12,785 Share Price $7.44 * Est. Cost/Share $9.34 Unrealized @ Report Date -14.2%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
RY	ROYAL BK CDA	1,244,596	$133M	10.1%	$106.48 *	$74.08	+38.8%	COM	780087102
TD	TORONTO DOMINION BK ONT	1,897,409	$104M	8.0%	$54.98 *	$46.82	+20.9%	COM NEW	891160509
SU	SUNCOR ENERGY INC NEW	2,284,698	$87.1M	6.7%	$38.12 *	$17.27	+112.8%	COM	867224107
TRP	TC ENERGY CORP	2,032,995	$77.08M	5.9%	$37.91 *	$34.41	+3.0%	COM	87807B107
BNS	BANK NOVA SCOTIA HALIFAX	1,492,947	$68.3M	5.2%	$45.75 *	$36.46	+20.5%	COM	064149107
BN	BROOKFIELD CORP	1,528,080	$63.56M	4.9%	$41.60 *	$21.91	+25.8%	CL A LTD VT SH	11271J107
CM	CANADIAN IMPERIAL BK COMM TO	1,260,258	$59.93M	4.6%	$47.56 *	$34.95	+31.1%	COM	136069101
CP	CANADIAN PACIFIC KANSAS CITY	667,092	$52.54M	4.0%	$78.76 *	$77.51	+3.8%	COM	13646K108
CNI	CANADIAN NATL RY CO	420,233	$49.66M	3.8%	$118.18 *	$49.09	+146.6%	COM	136375102
CVE	CENOVUS ENERGY INC	2,373,465	$46.66M	3.6%	$19.66	$14.48	+33.5%	COM	15135U109
TU	TELUS CORPORATION	2,970,170	$44.97M	3.4%	$15.14 *	$17.23	-6.5%	COM	87971M103
—	BARRICK GOLD CORP	2,592,255	$43.25M	3.3%	$16.68	$16.26	—	COM	067901108
RCI	ROGERS COMMUNICATIONS INC	1,128,166	$41.73M	3.2%	$36.99 *	$45.98	-15.6%	CL B	775109200
GIL	GILDAN ACTIVEWEAR INC	1,097,330	$41.63M	3.2%	$37.93 *	$26.06	+35.3%	COM	375916103
GIB	CGI INC	393,732	$39.3M	3.0%	$99.83 *	$79.24	+29.1%	CL A SUB VTG	12532H104
QSR	RESTAURANT BRANDS INTL INC	552,662	$38.95M	3.0%	$70.47	$58.06	+23.0%	COM	76131D103
MFC	MANULIFE FINL CORP	1,367,608	$36.42M	2.8%	$26.63 *	$19.39	+29.0%	COM	56501R106
CNQ	CANADIAN NAT RES LTD	889,424	$31.69M	2.4%	$35.62	$22.65	+56.4%	COM	136385101
NTR	NUTRIEN LTD	608,575	$30.99M	2.4%	$50.92	$41.98	+23.5%	COM	67077M108
ENB	ENBRIDGE INC	845,773	$30.09M	2.3%	$35.58 *	$23.98	+34.9%	COM	29250N105
MGA	MAGNA INTL INC	676,385	$28.35M	2.2%	$41.92 *	$48.70	-10.1%	COM	559222401
MEOH	METHANEX CORP	436,772	$21.09M	1.6%	$48.29 *	$48.78	+2.2%	COM	59151K108
BMO	BANK MONTREAL QUE	205,577	$17.26M	1.3%	$83.95	$73.94	+15.4%	COM	063671101
—	TELUS INTL CDA INC	2,977,786	$17.2M	1.3%	$5.78	$7.84	—	SUB VTG SHS	87975H100
TECK	TECK RESOURCES LTD	345,542	$16.56M	1.3%	$47.93 *	$17.34	+183.8%	CL B	878742204
GOOS	CANADA GOOSE HLDGS INC	1,224,973	$15.84M	1.2%	$12.93 *	$16.32	-23.9%	SHS SUB VTG	135086106
ASTL	ALGOMA STL GROUP INC	2,181,283	$15.13M	1.2%	$6.94 *	$7.22	+3.5%	COM	015658107
NEM	NEWMONT CORP	268,026	$11.22M	0.9%	$41.85 *	$28.46	+39.2%	COM	651639106
WFG	WEST FRASER TIMBER CO LTD	140,677	$10.81M	0.8%	$76.81 *	$76.84	+3.3%	COM	952845105
BBU	BROOKFIELD BUSINESS PARTNERS	559,463	$10.6M	0.8%	$18.94	$16.10	—	UNIT LTD L P	G16234109
—	OSISKO GOLD ROYALTIES LTD	627,447	$9.78M	0.7%	$15.59	$15.59	—	COM	68827L101
OTEX	OPEN TEXT CORP	194,659	$5.846M	0.4%	$30.03	$30.23	0.0%	COM	683715106
EFXT	ENERFLEX LTD	1,006,444	$5.43M	0.4%	$5.40	$5.50	-2.8%	COM	29269R105
AEM	AGNICO EAGLE MINES LTD	4,605	$301K	0.0%	$65.42 *	$49.06	+29.5%	COM	008474108
WBD	WARNER BROS DISCOVERY INC	12,785	$95,120	0.0%	$7.44 *	$9.34	-14.2%	COM SER A	934423104