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

Location: Toronto, Ontario, Canada

CIK: 0001426327 · Show all filings

Period: Q4 2022 (← Previous) (Next →)

Filing Date: Feb 10, 2023

Total Value: $1.198B (100.0% shares, 0.0% debt)

Holdings (31)

TD TORONTO DOMINION BK ONT 10.7%

Value $128M Shares 1,977,051 Share Price $64.75 Est. Cost/Share $45.79 Unrealized @ Report Date +41.1%

RY ROYAL BK CDA SUSTAINABL 6.9%

Value $82.97M Shares 882,434 Share Price $94.02 Est. Cost/Share $63.53 Unrealized @ Report Date +48.6%

BNS BANK NOVA SCOTIA HALIFAX 6.3%

Value $75.07M Shares 1,532,167 Share Price $49.00 * Est. Cost/Share $35.97 Unrealized @ Report Date +15.4%

SU SUNCOR ENERGY INC NEW 5.9%

Value $71.11M Shares 2,241,715 Share Price $31.72 * Est. Cost/Share $16.69 Unrealized @ Report Date +74.4%

TRP TC ENERGY CORP 5.5%

Value $66.16M Shares 1,659,565 Share Price $39.87 * Est. Cost/Share $34.49 Unrealized @ Report Date +6.7%

CM CANADIAN IMPERIAL BK COMM TO 4.5%

Value $54.21M Shares 1,340,020 Share Price $40.45 * Est. Cost/Share $34.50 Unrealized @ Report Date +10.5%

CNI CANADIAN NATL RY CO 4.4%

Value $52.57M Shares 442,500 Share Price $118.79 * Est. Cost/Share $47.16 Unrealized @ Report Date +138.0%

RCI ROGERS COMMUNICATIONS INC 4.2%

Value $50.87M Shares 1,086,801 Share Price $46.80 * Est. Cost/Share $46.95 Unrealized @ Report Date -9.2%

— CANADIAN PAC RY LTD 4.2%

Value $49.96M Shares 670,117 Share Price $74.56 Est. Cost/Share $86.33 Unrealized @ Report Date —

CVE CENOVUS ENERGY INC 3.7%

Value $44.18M Shares 2,277,197 Share Price $19.40 * Est. Cost/Share $14.32 Unrealized @ Report Date +23.4%

— BARRICK GOLD CORP 3.4%

Value $40.47M Shares 2,360,554 Share Price $17.14 Est. Cost/Share $16.20 Unrealized @ Report Date —

BN BROOKFIELD CORP 3.4%

Value $40.42M Shares 1,285,384 Share Price $31.45 * Est. Cost/Share $21.90 Unrealized @ Report Date 0.0%

NTR NUTRIEN LTD 3.2%

Value $38.84M Shares 532,032 Share Price $73.01 * Est. Cost/Share $40.28 Unrealized @ Report Date +76.6%

ENB ENBRIDGE INC 3.2%

Value $38.71M Shares 990,442 Share Price $39.09 * Est. Cost/Share $23.74 Unrealized @ Report Date +34.1%

MGA MAGNA INTL INC 3.2%

Value $38.28M Shares 681,418 Share Price $56.18 * Est. Cost/Share $48.39 Unrealized @ Report Date +3.4%

QSR RESTAURANT BRANDS INTL INC 3.0%

Value $36.49M Shares 564,154 Share Price $64.68 * Est. Cost/Share $57.62 Unrealized @ Report Date +6.6%

GIL GILDAN ACTIVEWEAR INC 2.9%

Value $34.27M Shares 1,251,388 Share Price $27.39 Est. Cost/Share $25.97 Unrealized @ Report Date +5.1%

GIB CGI INC 2.7%

Value $32.51M Shares 377,151 Share Price $86.20 * Est. Cost/Share $76.86 Unrealized @ Report Date +6.6%

TECK TECK RESOURCES LTD 2.3%

Value $27.55M Shares 729,037 Share Price $37.79 * Est. Cost/Share $17.34 Unrealized @ Report Date +99.7%

MEOH METHANEX CORP 2.3%

Value $27.27M Shares 720,382 Share Price $37.86 * Est. Cost/Share $48.95 Unrealized @ Report Date -25.1%

CNQ CANADIAN NAT RES LTD 2.1%

Value $25.12M Shares 452,328 Share Price $55.53 * Est. Cost/Share $9.47 Unrealized @ Report Date +165.0%

MFC MANULIFE FINL CORP 2.1%

Value $25.1M Shares 1,407,436 Share Price $17.84 * Est. Cost/Share $19.44 Unrealized @ Report Date -12.3%

— CI FINL CORP 1.8%

Value $21.96M Shares 2,200,360 Share Price $9.98 Est. Cost/Share $12.68 Unrealized @ Report Date —

BMO BANK MONTREAL QUE 1.6%

Value $19.25M Shares 212,476 Share Price $90.59 * Est. Cost/Share $73.84 Unrealized @ Report Date +9.6%

TU TELUS CORPORATION 1.5%

Value $17.93M Shares 928,920 Share Price $19.30 * Est. Cost/Share $18.03 Unrealized @ Report Date +14.5%

NEM NEWMONT CORP 1.1%

Value $12.86M Shares 272,874 Share Price $47.14 * Est. Cost/Share $28.04 Unrealized @ Report Date +45.6%

EFXT ENERFLEX LTD 1.0%

Value $11.6M Shares 1,839,729 Share Price $6.31 * Est. Cost/Share $5.48 Unrealized @ Report Date 0.0%

GOOS CANADA GOOSE HLDGS INC 0.9%

Value $11.03M Shares 620,072 Share Price $17.78 Est. Cost/Share $18.47 Unrealized @ Report Date -5.1%

— CELESTICA INC 0.8%

Value $9.646M Shares 855,852 Share Price $11.27 Est. Cost/Share $7.64 Unrealized @ Report Date —

AEM AGNICO EAGLE MINES LTD 0.7%

Value $7.989M Shares 153,739 Share Price $51.97 * Est. Cost/Share $49.03 Unrealized @ Report Date -10.6%

BAM BROOKFIELD ASSET MANAGMT LTD 0.5%

Value $5.894M Shares 205,839 Share Price $28.63 * Est. Cost/Share $27.10 Unrealized @ Report Date 0.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
TD	TORONTO DOMINION BK ONT	1,977,051	$128M	10.7%	$64.75	$45.79	+41.1%	COM NEW	891160509
RY	ROYAL BK CDA SUSTAINABL	882,434	$82.97M	6.9%	$94.02	$63.53	+48.6%	COM	780087102
BNS	BANK NOVA SCOTIA HALIFAX	1,532,167	$75.07M	6.3%	$49.00 *	$35.97	+15.4%	COM	064149107
SU	SUNCOR ENERGY INC NEW	2,241,715	$71.11M	5.9%	$31.72 *	$16.69	+74.4%	COM	867224107
TRP	TC ENERGY CORP	1,659,565	$66.16M	5.5%	$39.87 *	$34.49	+6.7%	COM	87807B107
CM	CANADIAN IMPERIAL BK COMM TO	1,340,020	$54.21M	4.5%	$40.45 *	$34.50	+10.5%	COM	136069101
CNI	CANADIAN NATL RY CO	442,500	$52.57M	4.4%	$118.79 *	$47.16	+138.0%	COM	136375102
RCI	ROGERS COMMUNICATIONS INC	1,086,801	$50.87M	4.2%	$46.80 *	$46.95	-9.2%	CL B	775109200
—	CANADIAN PAC RY LTD	670,117	$49.96M	4.2%	$74.56	$86.33	—	COM	13645T100
CVE	CENOVUS ENERGY INC	2,277,197	$44.18M	3.7%	$19.40 *	$14.32	+23.4%	COM	15135U109
—	BARRICK GOLD CORP	2,360,554	$40.47M	3.4%	$17.14	$16.20	—	COM	067901108
BN	BROOKFIELD CORP	1,285,384	$40.42M	3.4%	$31.45 *	$21.90	0.0%	CL A LTD VT SH	11271J107
NTR	NUTRIEN LTD	532,032	$38.84M	3.2%	$73.01 *	$40.28	+76.6%	COM	67077M108
ENB	ENBRIDGE INC	990,442	$38.71M	3.2%	$39.09 *	$23.74	+34.1%	COM	29250N105
MGA	MAGNA INTL INC	681,418	$38.28M	3.2%	$56.18 *	$48.39	+3.4%	COM	559222401
QSR	RESTAURANT BRANDS INTL INC	564,154	$36.49M	3.0%	$64.68 *	$57.62	+6.6%	COM	76131D103
GIL	GILDAN ACTIVEWEAR INC	1,251,388	$34.27M	2.9%	$27.39	$25.97	+5.1%	COM	375916103
GIB	CGI INC	377,151	$32.51M	2.7%	$86.20 *	$76.86	+6.6%	CL A SUB VTG	12532H104
TECK	TECK RESOURCES LTD	729,037	$27.55M	2.3%	$37.79 *	$17.34	+99.7%	CL B	878742204
MEOH	METHANEX CORP	720,382	$27.27M	2.3%	$37.86 *	$48.95	-25.1%	COM	59151K108
CNQ	CANADIAN NAT RES LTD	452,328	$25.12M	2.1%	$55.53 *	$9.47	+165.0%	COM	136385101
MFC	MANULIFE FINL CORP	1,407,436	$25.1M	2.1%	$17.84 *	$19.44	-12.3%	COM	56501R106
—	CI FINL CORP	2,200,360	$21.96M	1.8%	$9.98	$12.68	—	COM	125491100
BMO	BANK MONTREAL QUE	212,476	$19.25M	1.6%	$90.59 *	$73.84	+9.6%	COM	063671101
TU	TELUS CORPORATION	928,920	$17.93M	1.5%	$19.30 *	$18.03	+14.5%	COM	87971M103
NEM	NEWMONT CORP	272,874	$12.86M	1.1%	$47.14 *	$28.04	+45.6%	COM	651639106
EFXT	ENERFLEX LTD	1,839,729	$11.6M	1.0%	$6.31 *	$5.48	0.0%	COM	29269R105
GOOS	CANADA GOOSE HLDGS INC	620,072	$11.03M	0.9%	$17.78	$18.47	-5.1%	SHS SUB VTG	135086106
—	CELESTICA INC	855,852	$9.646M	0.8%	$11.27	$7.64	—	SUB VTG SHS	15101Q108
AEM	AGNICO EAGLE MINES LTD	153,739	$7.989M	0.7%	$51.97 *	$49.03	-10.6%	COM	008474108
BAM	BROOKFIELD ASSET MANAGMT LTD	205,839	$5.894M	0.5%	$28.63 *	$27.10	0.0%	CL A LMT VTG SHS	113004105