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

Location: Toronto, Ontario, Canada

CIK: 0001426327 · Show all filings

Period: Q4 2024 (← Previous) (Next →)

Filing Date: Feb 7, 2025

Total Value: $1.37B (100.0% shares, 0.0% debt)

Holdings (37)

RY ROYAL BK CDA 10.9%

Value $150M Shares 1,242,836 Est. Cost $74.63 Unrealized +65.4%

TD TORONTO DOMINION BK ONT 7.8%

Value $106M Shares 2,000,901 Est. Cost $47.31 Unrealized +18.6%

BN BROOKFIELD CORP 6.3%

Value $86.78M Shares 1,511,750 Est. Cost $22.08 Unrealized +69.4%

TRP TC ENERGY CORP 6.3%

Value $86.16M Shares 1,851,112 Est. Cost $34.41 Unrealized +32.4%

BNS BANK NOVA SCOTIA HALIFAX 5.5%

Value $74.88M Shares 1,396,185 Est. Cost $36.46 Unrealized +41.7%

CNI CANADIAN NATL RY CO 5.3%

Value $72.09M Shares 710,796 Est. Cost $73.37 Unrealized +45.7%

SU SUNCOR ENERGY INC NEW 4.6%

Value $62.55M Shares 1,754,555 Est. Cost $17.27 Unrealized +116.3%

CM CANADIAN IMPERIAL BK COMM 4.2%

Value $57.87M Shares 916,026 Est. Cost $34.95 Unrealized +76.1%

CVE CENOVUS ENERGY INC 4.2%

Value $57.32M Shares 3,786,011 Est. Cost $15.39 Unrealized +1.8%

GIB CGI INC 3.9%

Value $53.62M Shares 490,663 Est. Cost $85.97 Unrealized +30.0%

TU TELUS CORPORATION 3.4%

Value $46.09M Shares 3,403,521 Est. Cost $17.06 Unrealized -9.6%

CP CANADIAN PACIFIC KANSAS CITY 3.2%

Value $44.54M Shares 615,873 Est. Cost $77.39 Unrealized -1.2%

RCI ROGERS COMMUNICATIONS INC 3.2%

Value $44.33M Shares 1,443,877 Est. Cost $43.82 Unrealized -18.5%

QSR RESTAURANT BRANDS INTL INC 3.1%

Value $41.99M Shares 645,072 Est. Cost $59.76 Unrealized +16.1%

MGA MAGNA INTL INC 3.0%

Value $41.11M Shares 984,755 Est. Cost $45.94 Unrealized -10.5%

MFC MANULIFE FINL CORP 2.9%

Value $40.27M Shares 1,312,537 Est. Cost $19.47 Unrealized +59.2%

— BARRICK GOLD CORP 2.9%

Value $40.14M Shares 2,592,213 Est. Cost $16.26 Unrealized —

ENB ENBRIDGE INC 2.7%

Value $36.36M Shares 857,666 Est. Cost $24.33 Unrealized +61.2%

BMO BANK MONTREAL QUE 2.5%

Value $34.61M Shares 356,924 Est. Cost $80.96 Unrealized +12.5%

NTR NUTRIEN LTD 2.2%

Value $30.03M Shares 671,989 Est. Cost $42.39 Unrealized +8.4%

CNQ CANADIAN NAT RES LTD 2.0%

Value $27.46M Shares 890,610 Est. Cost $22.78 Unrealized +42.5%

MEOH METHANEX CORP 1.6%

Value $21.91M Shares 439,069 Est. Cost $48.71 Unrealized -9.7%

ASTL ALGOMA STL GROUP INC 1.6%

Value $21.32M Shares 2,179,362 Est. Cost $7.24 Unrealized +39.8%

— OSISKO GOLD ROYALTIES LTD 1.3%

Value $17.73M Shares 980,133 Est. Cost $16.64 Unrealized —

— TELUS INTL CDA INC 0.9%

Value $12.52M Shares 3,189,850 Est. Cost $7.58 Unrealized —

GOOS CANADA GOOSE HLDGS INC 0.9%

Value $12.22M Shares 1,218,326 Est. Cost $16.25 Unrealized -37.2%

BBU BROOKFIELD BUSINESS PARTNERS 0.8%

Value $10.85M Shares 460,629 Est. Cost $17.04 Unrealized —

NEM NEWMONT CORP 0.7%

Value $10.18M Shares 273,653 Est. Cost $28.79 Unrealized +55.0%

SOBO SOUTH BOW CORP 0.7%

Value $9.225M Shares 391,457 Est. Cost $22.97 Unrealized 0.0%

OTEX OPEN TEXT CORP 0.5%

Value $7.465M Shares 264,108 Est. Cost $30.05 Unrealized -1.8%

TECK TECK RESOURCES LTD 0.5%

Value $7.074M Shares 174,703 Est. Cost $17.91 Unrealized +161.0%

ATS ATS CORPORATION 0.3%

Value $4.538M Shares 148,984 Est. Cost $30.36 Unrealized 0.0%

AEM AGNICO EAGLE MINES LTD 0.0%

Value $389K Shares 4,976 Est. Cost $51.24 Unrealized +58.3%

LBRDA LIBERTY BROADBAND CORP 0.0%

Value $245K Shares 3,290 Est. Cost $57.06 Unrealized +35.9%

WTW WILLIS TOWERS WATSON PLC LTD 0.0%

Value $217K Shares 693 Est. Cost $275.04 Unrealized +10.0%

CNH CNH INDL N V 0.0%

Value $173K Shares 15,240 Est. Cost $10.21 Unrealized +9.3%

WBD WARNER BROS DISCOVERY INC 0.0%

Value $135K Shares 12,785 Est. Cost $9.34 Unrealized -0.5%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
RY	ROYAL BK CDA	1,242,836	$150M	10.9%	$74.63	+65.4%	COM	780087102
TD	TORONTO DOMINION BK ONT	2,000,901	$106M	7.8%	$47.31	+18.6%	COM NEW	891160509
BN	BROOKFIELD CORP	1,511,750	$86.78M	6.3%	$22.08	+69.4%	CL A LTD VT SH	11271J107
TRP	TC ENERGY CORP	1,851,112	$86.16M	6.3%	$34.41	+32.4%	COM	87807B107
BNS	BANK NOVA SCOTIA HALIFAX	1,396,185	$74.88M	5.5%	$36.46	+41.7%	COM	064149107
CNI	CANADIAN NATL RY CO	710,796	$72.09M	5.3%	$73.37	+45.7%	COM	136375102
SU	SUNCOR ENERGY INC NEW	1,754,555	$62.55M	4.6%	$17.27	+116.3%	COM	867224107
CM	CANADIAN IMPERIAL BK COMM	916,026	$57.87M	4.2%	$34.95	+76.1%	COM	136069101
CVE	CENOVUS ENERGY INC	3,786,011	$57.32M	4.2%	$15.39	+1.8%	COM	15135U109
GIB	CGI INC	490,663	$53.62M	3.9%	$85.97	+30.0%	CL A SUB VTG	12532H104
TU	TELUS CORPORATION	3,403,521	$46.09M	3.4%	$17.06	-9.6%	COM	87971M103
CP	CANADIAN PACIFIC KANSAS CITY	615,873	$44.54M	3.2%	$77.39	-1.2%	COM	13646K108
RCI	ROGERS COMMUNICATIONS INC	1,443,877	$44.33M	3.2%	$43.82	-18.5%	CL B	775109200
QSR	RESTAURANT BRANDS INTL INC	645,072	$41.99M	3.1%	$59.76	+16.1%	COM	76131D103
MGA	MAGNA INTL INC	984,755	$41.11M	3.0%	$45.94	-10.5%	COM	559222401
MFC	MANULIFE FINL CORP	1,312,537	$40.27M	2.9%	$19.47	+59.2%	COM	56501R106
—	BARRICK GOLD CORP	2,592,213	$40.14M	2.9%	$16.26	—	COM	067901108
ENB	ENBRIDGE INC	857,666	$36.36M	2.7%	$24.33	+61.2%	COM	29250N105
BMO	BANK MONTREAL QUE	356,924	$34.61M	2.5%	$80.96	+12.5%	COM	063671101
NTR	NUTRIEN LTD	671,989	$30.03M	2.2%	$42.39	+8.4%	COM	67077M108
CNQ	CANADIAN NAT RES LTD	890,610	$27.46M	2.0%	$22.78	+42.5%	COM	136385101
MEOH	METHANEX CORP	439,069	$21.91M	1.6%	$48.71	-9.7%	COM	59151K108
ASTL	ALGOMA STL GROUP INC	2,179,362	$21.32M	1.6%	$7.24	+39.8%	COM	015658107
—	OSISKO GOLD ROYALTIES LTD	980,133	$17.73M	1.3%	$16.64	—	COM	68827L101
—	TELUS INTL CDA INC	3,189,850	$12.52M	0.9%	$7.58	—	SUB VTG SHS	87975H100
GOOS	CANADA GOOSE HLDGS INC	1,218,326	$12.22M	0.9%	$16.25	-37.2%	SHS SUB VTG	135086106
BBU	BROOKFIELD BUSINESS PARTNERS	460,629	$10.85M	0.8%	$17.04	—	UNIT LTD L P	G16234109
NEM	NEWMONT CORP	273,653	$10.18M	0.7%	$28.79	+55.0%	COM	651639106
SOBO	SOUTH BOW CORP	391,457	$9.225M	0.7%	$22.97	0.0%	COM	83671M105
OTEX	OPEN TEXT CORP	264,108	$7.465M	0.5%	$30.05	-1.8%	COM	683715106
TECK	TECK RESOURCES LTD	174,703	$7.074M	0.5%	$17.91	+161.0%	CL B	878742204
ATS	ATS CORPORATION	148,984	$4.538M	0.3%	$30.36	0.0%	COM	00217Y104
AEM	AGNICO EAGLE MINES LTD	4,976	$389K	0.0%	$51.24	+58.3%	COM	008474108
LBRDA	LIBERTY BROADBAND CORP	3,290	$245K	0.0%	$57.06	+35.9%	COM SER A	530307107
WTW	WILLIS TOWERS WATSON PLC LTD	693	$217K	0.0%	$275.04	+10.0%	SHS	G96629103
CNH	CNH INDL N V	15,240	$173K	0.0%	$10.21	+9.3%	SHS	N20944109
WBD	WARNER BROS DISCOVERY INC	12,785	$135K	0.0%	$9.34	-0.5%	COM SER A	934423104