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

Location: Toronto, Ontario, Canada

CIK: 0001426327 · Show all filings

Period: Q1 2026 (← Previous) (Next →)

Filing Date: May 11, 2026

Total Value: $1.39B (100.0% shares, 0.0% debt)

Holdings (33)

RY ROYAL BK CDA 12.1%

Value $168M Shares 1,040,618 Share Price $161.69 * Est. Cost/Share $79.19 Unrealized @ Report Date +114.6%

TD TORONTO DOMINION BK ONT 9.2%

Value $128M Shares 1,368,213 Share Price $93.29 * Est. Cost/Share $48.08 Unrealized @ Report Date +98.1%

SU SUNCOR ENERGY INC NEW 6.4%

Value $89.11M Shares 1,347,051 Share Price $66.15 * Est. Cost/Share $17.83 Unrealized @ Report Date +190.7%

B BARRICK MNG CORP 6.0%

Value $83.65M Shares 2,046,425 Share Price $40.87 * Est. Cost/Share $19.29 Unrealized @ Report Date +150.4%

CVE CENOVUS ENERGY INC 5.9%

Value $81.72M Shares 3,088,546 Share Price $26.46 * Est. Cost/Share $15.29 Unrealized @ Report Date +28.2%

BMO BANK MONTREAL MEDIUM 5.8%

Value $80.79M Shares 596,325 Share Price $135.47 * Est. Cost/Share $98.88 Unrealized @ Report Date +40.5%

BN BROOKFIELD CORP 5.7%

Value $79.28M Shares 1,956,028 Share Price $40.53 * Est. Cost/Share $28.06 Unrealized @ Report Date +66.3%

CNI CANADIAN NATL RY CO 5.4%

Value $75.48M Shares 733,191 Share Price $102.95 Est. Cost/Share $78.18 Unrealized @ Report Date +30.6%

TRP TC ENERGY CORP 3.6%

Value $50.25M Shares 803,654 Share Price $62.52 * Est. Cost/Share $34.41 Unrealized @ Report Date +69.2%

TU TELUS CORPORATION 3.0%

Value $41.47M Shares 3,224,096 Share Price $12.86 * Est. Cost/Share $16.87 Unrealized @ Report Date -19.0%

RCI ROGERS COMMUNICATIONS INC 2.9%

Value $40.09M Shares 1,042,339 Share Price $38.47 * Est. Cost/Share $39.23 Unrealized @ Report Date -4.8%

FNV FRANCO NEV CORP 2.9%

Value $39.64M Shares 160,054 Share Price $247.66 Est. Cost/Share $187.04 Unrealized @ Report Date +31.4%

MFC MANULIFE FINL CORP 2.7%

Value $37.71M Shares 1,094,428 Share Price $34.45 * Est. Cost/Share $20.90 Unrealized @ Report Date +77.5%

CNQ CANADIAN NAT RES LTD MED TER 2.7%

Value $37.17M Shares 762,030 Share Price $48.78 * Est. Cost/Share $23.29 Unrealized @ Report Date +59.7%

AGI ALAMOS GOLD INC 2.4%

Value $33.68M Shares 756,989 Share Price $44.50 * Est. Cost/Share $38.09 Unrealized @ Report Date +11.7%

ENB ENBRIDGE INC 2.4%

Value $33.48M Shares 617,581 Share Price $54.22 * Est. Cost/Share $25.21 Unrealized @ Report Date +92.7%

CP CANADIAN PACIFIC KANSAS CITY 2.4%

Value $33.43M Shares 424,696 Share Price $78.71 Est. Cost/Share $77.33 Unrealized @ Report Date -0.1%

ATS ATS CORPORATION 2.4%

Value $33.32M Shares 1,181,937 Share Price $28.19 * Est. Cost/Share $28.46 Unrealized @ Report Date +5.3%

OR OR ROYALTIES INC. 2.3%

Value $32.01M Shares 840,453 Share Price $38.09 * Est. Cost/Share $24.09 Unrealized @ Report Date +73.8%

GIB CGI INC 2.0%

Value $28.07M Shares 383,925 Share Price $73.12 * Est. Cost/Share $87.06 Unrealized @ Report Date -3.6%

QSR RESTAURANT BRANDS INTL INC 1.9%

Value $26.59M Shares 359,229 Share Price $74.01 * Est. Cost/Share $59.76 Unrealized @ Report Date +14.4%

TFII TRANSFORCE INC 1.9%

Value $26.37M Shares 242,180 Share Price $108.87 * Est. Cost/Share $92.11 Unrealized @ Report Date +23.8%

NTR NUTRIEN LTD 1.6%

Value $21.73M Shares 287,859 Share Price $75.50 * Est. Cost/Share $42.75 Unrealized @ Report Date +59.3%

GIL GILDAN ACTIVEWEAR INC 1.0%

Value $14.39M Shares 258,258 Share Price $55.70 * Est. Cost/Share $53.42 Unrealized @ Report Date +26.1%

TECK TECK RESOURCES LTD 1.0%

Value $14.34M Shares 277,200 Share Price $51.75 * Est. Cost/Share $26.70 Unrealized @ Report Date +105.9%

ASTL ALGOMA STL GROUP INC 1.0%

Value $13.24M Shares 3,207,480 Share Price $4.13 * Est. Cost/Share $6.85 Unrealized @ Report Date -34.6%

DSGX DESCARTES SYS GROUP INC 0.8%

Value $11.37M Shares 158,694 Share Price $71.64 * Est. Cost/Share $75.60 Unrealized @ Report Date 0.0%

MGA MAGNA INTL INC 0.7%

Value $10.36M Shares 185,467 Share Price $55.86 * Est. Cost/Share $45.65 Unrealized @ Report Date +25.4%

MEOH METHANEX CORP 0.7%

Value $9.68M Shares 162,425 Share Price $59.60 * Est. Cost/Share $41.57 Unrealized @ Report Date +14.2%

TRI THOMSON REUTERS CORP 0.6%

Value $8.574M Shares 94,951 Share Price $90.30 * Est. Cost/Share $107.05 Unrealized @ Report Date 0.0%

OTEX OPEN TEXT CORP 0.4%

Value $5.724M Shares 256,800 Share Price $22.29 * Est. Cost/Share $30.53 Unrealized @ Report Date -10.0%

AEM AGNICO EAGLE MINES LTD 0.1%

Value $1.743M Shares 8,587 Share Price $203.02 Est. Cost/Share $96.83 Unrealized @ Report Date +112.8%

CNH CNH INDL N V 0.0%

Value $139K Shares 12,680 Share Price $11.00 * Est. Cost/Share $9.99 Unrealized @ Report Date +14.3%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
RY	ROYAL BK CDA	1,040,618	$168M	12.1%	$161.69 *	$79.19	+114.6%	COM	780087102
TD	TORONTO DOMINION BK ONT	1,368,213	$128M	9.2%	$93.29 *	$48.08	+98.1%	COM NEW	891160509
SU	SUNCOR ENERGY INC NEW	1,347,051	$89.11M	6.4%	$66.15 *	$17.83	+190.7%	COM	867224107
B	BARRICK MNG CORP	2,046,425	$83.65M	6.0%	$40.87 *	$19.29	+150.4%	COM SHS	06849F108
CVE	CENOVUS ENERGY INC	3,088,546	$81.72M	5.9%	$26.46 *	$15.29	+28.2%	COM	15135U109
BMO	BANK MONTREAL MEDIUM	596,325	$80.79M	5.8%	$135.47 *	$98.88	+40.5%	COM	063671101
BN	BROOKFIELD CORP	1,956,028	$79.28M	5.7%	$40.53 *	$28.06	+66.3%	CL A LTD VT SH	11271J107
CNI	CANADIAN NATL RY CO	733,191	$75.48M	5.4%	$102.95	$78.18	+30.6%	COM	136375102
TRP	TC ENERGY CORP	803,654	$50.25M	3.6%	$62.52 *	$34.41	+69.2%	COM	87807B107
TU	TELUS CORPORATION	3,224,096	$41.47M	3.0%	$12.86 *	$16.87	-19.0%	COM	87971M103
RCI	ROGERS COMMUNICATIONS INC	1,042,339	$40.09M	2.9%	$38.47 *	$39.23	-4.8%	CL B	775109200
FNV	FRANCO NEV CORP	160,054	$39.64M	2.9%	$247.66	$187.04	+31.4%	COM	351858105
MFC	MANULIFE FINL CORP	1,094,428	$37.71M	2.7%	$34.45 *	$20.90	+77.5%	COM	56501R106
CNQ	CANADIAN NAT RES LTD MED TER	762,030	$37.17M	2.7%	$48.78 *	$23.29	+59.7%	COM	136385101
AGI	ALAMOS GOLD INC	756,989	$33.68M	2.4%	$44.50 *	$38.09	+11.7%	COM CL A	011532108
ENB	ENBRIDGE INC	617,581	$33.48M	2.4%	$54.22 *	$25.21	+92.7%	COM	29250N105
CP	CANADIAN PACIFIC KANSAS CITY	424,696	$33.43M	2.4%	$78.71	$77.33	-0.1%	COM	13646K108
ATS	ATS CORPORATION	1,181,937	$33.32M	2.4%	$28.19 *	$28.46	+5.3%	COM	00217Y104
OR	OR ROYALTIES INC.	840,453	$32.01M	2.3%	$38.09 *	$24.09	+73.8%	COM SHS	68390D106
GIB	CGI INC	383,925	$28.07M	2.0%	$73.12 *	$87.06	-3.6%	CL A SUB VTG	12532H104
QSR	RESTAURANT BRANDS INTL INC	359,229	$26.59M	1.9%	$74.01 *	$59.76	+14.4%	COM	76131D103
TFII	TRANSFORCE INC	242,180	$26.37M	1.9%	$108.87 *	$92.11	+23.8%	COM	87241L109
NTR	NUTRIEN LTD	287,859	$21.73M	1.6%	$75.50 *	$42.75	+59.3%	COM	67077M108
GIL	GILDAN ACTIVEWEAR INC	258,258	$14.39M	1.0%	$55.70 *	$53.42	+26.1%	COM	375916103
TECK	TECK RESOURCES LTD	277,200	$14.34M	1.0%	$51.75 *	$26.70	+105.9%	CL B	878742204
ASTL	ALGOMA STL GROUP INC	3,207,480	$13.24M	1.0%	$4.13 *	$6.85	-34.6%	COM	015658107
DSGX	DESCARTES SYS GROUP INC	158,694	$11.37M	0.8%	$71.64 *	$75.60	0.0%	COM	249906108
MGA	MAGNA INTL INC	185,467	$10.36M	0.7%	$55.86 *	$45.65	+25.4%	COM	559222401
MEOH	METHANEX CORP	162,425	$9.68M	0.7%	$59.60 *	$41.57	+14.2%	COM	59151K108
TRI	THOMSON REUTERS CORP	94,951	$8.574M	0.6%	$90.30 *	$107.05	0.0%	COM	884903808
OTEX	OPEN TEXT CORP	256,800	$5.724M	0.4%	$22.29 *	$30.53	-10.0%	COM	683715106
AEM	AGNICO EAGLE MINES LTD	8,587	$1.743M	0.1%	$203.02	$96.83	+112.8%	COM	008474108
CNH	CNH INDL N V	12,680	$139K	0.0%	$11.00 *	$9.99	+14.3%	SHS	N20944109