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

CIK: 0001426327 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 12, 2025

Total Value ($000): $1,349,837 (100.0% shares, 0.0% debt)

Holdings (37)

RY ROYAL BK CDA 10.7%

Value ($000) $144,554 Shares 1,283,071 Est. Cost $75.98 Unrealized +55.0%

TD TORONTO DOMINION BK ONT 9.1%

Value ($000) $123,277 Shares 2,056,970 Est. Cost $47.61 Unrealized +22.3%

BN BROOKFIELD CORP 6.0%

Value ($000) $81,144 Shares 1,550,275 Est. Cost $22.46 Unrealized +67.3%

TRP TC ENERGY CORP 5.9%

Value ($000) $80,168 Shares 1,697,266 Est. Cost $34.41 Unrealized +32.1%

CNI CANADIAN NATL RY CO 5.3%

Value ($000) $71,138 Shares 730,893 Est. Cost $74.09 Unrealized +34.1%

SU SUNCOR ENERGY INC NEW 5.2%

Value ($000) $69,871 Shares 1,804,212 Est. Cost $17.83 Unrealized +110.1%

— BARRICK GOLD CORP 4.2%

Value ($000) $56,981 Shares 2,934,340 Est. Cost $16.62 Unrealized —

BNS BANK NOVA SCOTIA HALIFAX 4.1%

Value ($000) $54,751 Shares 1,154,576 Est. Cost $36.46 Unrealized +33.4%

CVE CENOVUS ENERGY INC 4.0%

Value ($000) $54,156 Shares 3,895,976 Est. Cost $15.35 Unrealized -7.9%

BMO BANK MONTREAL QUE 4.0%

Value ($000) $53,780 Shares 563,083 Est. Cost $86.61 Unrealized +11.3%

GIB CGI INC 3.7%

Value ($000) $50,446 Shares 505,237 Est. Cost $86.64 Unrealized +26.0%

TU TELUS CORPORATION 3.7%

Value ($000) $50,226 Shares 3,501,231 Est. Cost $16.99 Unrealized -13.7%

RCI ROGERS COMMUNICATIONS INC 3.5%

Value ($000) $47,248 Shares 1,768,948 Est. Cost $40.96 Unrealized -31.1%

CP CANADIAN PACIFIC KANSAS CITY 3.3%

Value ($000) $44,506 Shares 634,083 Est. Cost $77.34 Unrealized -2.2%

MFC MANULIFE FINL CORP 3.1%

Value ($000) $42,124 Shares 1,351,667 Est. Cost $19.78 Unrealized +52.8%

QSR RESTAURANT BRANDS INTL INC 3.1%

Value ($000) $41,424 Shares 621,300 Est. Cost $59.76 Unrealized +7.9%

ENB ENBRIDGE INC 2.9%

Value ($000) $39,117 Shares 883,680 Est. Cost $24.83 Unrealized +66.7%

MGA MAGNA INTL INC 2.5%

Value ($000) $33,446 Shares 983,905 Est. Cost $45.94 Unrealized -19.1%

NTR NUTRIEN LTD 2.2%

Value ($000) $29,694 Shares 598,217 Est. Cost $42.39 Unrealized +18.3%

CNQ CANADIAN NAT RES LTD 2.1%

Value ($000) $28,226 Shares 917,170 Est. Cost $22.98 Unrealized +28.7%

CM CANADIAN IMPERIAL BK COMM 1.7%

Value ($000) $22,760 Shares 404,539 Est. Cost $34.95 Unrealized +69.0%

— OSISKO GOLD ROYALTIES LTD 1.6%

Value ($000) $22,176 Shares 1,050,599 Est. Cost $16.94 Unrealized —

NEM NEWMONT CORP 1.3%

Value ($000) $18,074 Shares 374,441 Est. Cost $32.69 Unrealized +32.3%

MEOH METHANEX CORP 1.2%

Value ($000) $15,885 Shares 452,943 Est. Cost $48.60 Unrealized -7.6%

ASTL ALGOMA STL GROUP INC 1.2%

Value ($000) $15,788 Shares 2,908,572 Est. Cost $7.28 Unrealized +1.6%

ATS ATS CORPORATION 1.2%

Value ($000) $15,768 Shares 632,491 Est. Cost $28.49 Unrealized -2.0%

SOBO SOUTH BOW CORP 0.8%

Value ($000) $10,295 Shares 402,934 Est. Cost $23.00 Unrealized +4.7%

— TELUS INTL CDA INC 0.7%

Value ($000) $9,604 Shares 3,579,740 Est. Cost $7.04 Unrealized —

GOOS CANADA GOOSE HLDGS INC 0.6%

Value ($000) $8,095 Shares 1,020,801 Est. Cost $16.25 Unrealized -39.3%

OTEX OPEN TEXT CORP 0.5%

Value ($000) $6,892 Shares 273,038 Est. Cost $29.93 Unrealized -11.3%

TECK TECK RESOURCES LTD 0.5%

Value ($000) $6,514 Shares 178,803 Est. Cost $18.45 Unrealized +124.9%

AEM AGNICO EAGLE MINES LTD 0.0%

Value ($000) $623 Shares 5,746 Est. Cost $57.05 Unrealized +65.8%

LBRDA LIBERTY BROADBAND CORP 0.0%

Value ($000) $280 Shares 3,290 Est. Cost $57.06 Unrealized +31.0%

WTW WILLIS TOWERS WATSON PLC LTD 0.0%

Value ($000) $234 Shares 693 Est. Cost $275.04 Unrealized +17.2%

CNH CNH INDL N V 0.0%

Value ($000) $221 Shares 17,970 Est. Cost $10.53 Unrealized +16.9%

TSN TYSON FOODS INC 0.0%

Value ($000) $214 Shares 3,350 Est. Cost $56.88 Unrealized 0.0%

WBD WARNER BROS DISCOVERY INC 0.0%

Value ($000) $137 Shares 12,785 Est. Cost $9.34 Unrealized +12.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RY	ROYAL BK CDA	1,283,071	$144,554	10.7%	$75.98	+55.0%	COM	780087102
TD	TORONTO DOMINION BK ONT	2,056,970	$123,277	9.1%	$47.61	+22.3%	COM NEW	891160509
BN	BROOKFIELD CORP	1,550,275	$81,144	6.0%	$22.46	+67.3%	CL A LTD VT SH	11271J107
TRP	TC ENERGY CORP	1,697,266	$80,168	5.9%	$34.41	+32.1%	COM	87807B107
CNI	CANADIAN NATL RY CO	730,893	$71,138	5.3%	$74.09	+34.1%	COM	136375102
SU	SUNCOR ENERGY INC NEW	1,804,212	$69,871	5.2%	$17.83	+110.1%	COM	867224107
—	BARRICK GOLD CORP	2,934,340	$56,981	4.2%	$16.62	—	COM	067901108
BNS	BANK NOVA SCOTIA HALIFAX	1,154,576	$54,751	4.1%	$36.46	+33.4%	COM	064149107
CVE	CENOVUS ENERGY INC	3,895,976	$54,156	4.0%	$15.35	-7.9%	COM	15135U109
BMO	BANK MONTREAL QUE	563,083	$53,780	4.0%	$86.61	+11.3%	COM	063671101
GIB	CGI INC	505,237	$50,446	3.7%	$86.64	+26.0%	CL A SUB VTG	12532H104
TU	TELUS CORPORATION	3,501,231	$50,226	3.7%	$16.99	-13.7%	COM	87971M103
RCI	ROGERS COMMUNICATIONS INC	1,768,948	$47,248	3.5%	$40.96	-31.1%	CL B	775109200
CP	CANADIAN PACIFIC KANSAS CITY	634,083	$44,506	3.3%	$77.34	-2.2%	COM	13646K108
MFC	MANULIFE FINL CORP	1,351,667	$42,124	3.1%	$19.78	+52.8%	COM	56501R106
QSR	RESTAURANT BRANDS INTL INC	621,300	$41,424	3.1%	$59.76	+7.9%	COM	76131D103
ENB	ENBRIDGE INC	883,680	$39,117	2.9%	$24.83	+66.7%	COM	29250N105
MGA	MAGNA INTL INC	983,905	$33,446	2.5%	$45.94	-19.1%	COM	559222401
NTR	NUTRIEN LTD	598,217	$29,694	2.2%	$42.39	+18.3%	COM	67077M108
CNQ	CANADIAN NAT RES LTD	917,170	$28,226	2.1%	$22.98	+28.7%	COM	136385101
CM	CANADIAN IMPERIAL BK COMM	404,539	$22,760	1.7%	$34.95	+69.0%	COM	136069101
—	OSISKO GOLD ROYALTIES LTD	1,050,599	$22,176	1.6%	$16.94	—	COM	68827L101
NEM	NEWMONT CORP	374,441	$18,074	1.3%	$32.69	+32.3%	COM	651639106
MEOH	METHANEX CORP	452,943	$15,885	1.2%	$48.60	-7.6%	COM	59151K108
ASTL	ALGOMA STL GROUP INC	2,908,572	$15,788	1.2%	$7.28	+1.6%	COM	015658107
ATS	ATS CORPORATION	632,491	$15,768	1.2%	$28.49	-2.0%	COM	00217Y104
SOBO	SOUTH BOW CORP	402,934	$10,295	0.8%	$23.00	+4.7%	COM	83671M105
—	TELUS INTL CDA INC	3,579,740	$9,604	0.7%	$7.04	—	SUB VTG SHS	87975H100
GOOS	CANADA GOOSE HLDGS INC	1,020,801	$8,095	0.6%	$16.25	-39.3%	SHS SUB VTG	135086106
OTEX	OPEN TEXT CORP	273,038	$6,892	0.5%	$29.93	-11.3%	COM	683715106
TECK	TECK RESOURCES LTD	178,803	$6,514	0.5%	$18.45	+124.9%	CL B	878742204
AEM	AGNICO EAGLE MINES LTD	5,746	$623	0.0%	$57.05	+65.8%	COM	008474108
LBRDA	LIBERTY BROADBAND CORP	3,290	$280	0.0%	$57.06	+31.0%	COM SER A	530307107
WTW	WILLIS TOWERS WATSON PLC LTD	693	$234	0.0%	$275.04	+17.2%	SHS	G96629103
CNH	CNH INDL N V	17,970	$221	0.0%	$10.53	+16.9%	SHS	N20944109
TSN	TYSON FOODS INC	3,350	$214	0.0%	$56.88	0.0%	CL A	902494103
WBD	WARNER BROS DISCOVERY INC	12,785	$137	0.0%	$9.34	+12.0%	COM SER A	934423104