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

Location: Toronto, Ontario, Canada

CIK: 0001426327 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: May 9, 2023

Total Value: $1.207B (100.0% shares, 0.0% debt)

Holdings (29)

TD TORONTO DOMINION BK ONT 10.0%

Value $121M Shares 2,022,742 Share Price $59.89 * Est. Cost/Share $46.22 Unrealized @ Report Date +39.8%

BNS BANK NOVA SCOTIA HALIFAX 6.7%

Value $80.96M Shares 1,607,561 Share Price $50.36 * Est. Cost/Share $36.35 Unrealized @ Report Date +20.7%

RY ROYAL BK CDA SUSTAINABL 6.6%

Value $80.08M Shares 837,425 Share Price $95.63 * Est. Cost/Share $63.53 Unrealized @ Report Date +56.0%

TRP TC ENERGY CORP 5.8%

Value $70.27M Shares 1,806,621 Share Price $38.90 * Est. Cost/Share $34.54 Unrealized @ Report Date +1.5%

SU SUNCOR ENERGY INC NEW 5.7%

Value $69.14M Shares 2,226,999 Share Price $31.05 * Est. Cost/Share $16.69 Unrealized @ Report Date +74.7%

CM CANADIAN IMPERIAL BK COMM TO 5.1%

Value $61.38M Shares 1,447,671 Share Price $42.40 * Est. Cost/Share $34.80 Unrealized @ Report Date +10.7%

— CANADIAN PAC RY LTD 4.6%

Value $55.23M Shares 717,232 Share Price $77.00 Est. Cost/Share $85.72 Unrealized @ Report Date —

CNI CANADIAN NATL RY CO 4.3%

Value $51.9M Shares 439,907 Share Price $117.99 * Est. Cost/Share $47.16 Unrealized @ Report Date +136.4%

BN BROOKFIELD CORP 4.2%

Value $51.11M Shares 1,568,757 Share Price $32.58 * Est. Cost/Share $21.93 Unrealized @ Report Date +0.6%

RCI ROGERS COMMUNICATIONS INC 4.1%

Value $50.06M Shares 1,080,183 Share Price $46.35 * Est. Cost/Share $46.95 Unrealized @ Report Date +1.0%

— BARRICK GOLD CORP 3.6%

Value $43.54M Shares 2,345,303 Share Price $18.56 Est. Cost/Share $16.20 Unrealized @ Report Date —

GIB CGI INC 3.5%

Value $42.03M Shares 436,166 Share Price $96.37 * Est. Cost/Share $78.55 Unrealized @ Report Date +13.8%

GIL GILDAN ACTIVEWEAR INC 3.4%

Value $41.3M Shares 1,243,200 Share Price $33.22 * Est. Cost/Share $25.97 Unrealized @ Report Date +12.2%

MGA MAGNA INTL INC 3.3%

Value $40.33M Shares 753,014 Share Price $53.56 * Est. Cost/Share $48.73 Unrealized @ Report Date +6.5%

CVE CENOVUS ENERGY INC 3.3%

Value $39.46M Shares 2,262,073 Share Price $17.45 * Est. Cost/Share $14.32 Unrealized @ Report Date +18.9%

NTR NUTRIEN LTD 3.2%

Value $38.99M Shares 528,001 Share Price $73.85 * Est. Cost/Share $40.28 Unrealized @ Report Date +73.6%

QSR RESTAURANT BRANDS INTL INC 3.1%

Value $37.62M Shares 560,433 Share Price $67.13 * Est. Cost/Share $57.62 Unrealized @ Report Date +13.1%

ENB ENBRIDGE INC 3.1%

Value $37.52M Shares 984,029 Share Price $38.13 * Est. Cost/Share $23.74 Unrealized @ Report Date +36.6%

MEOH METHANEX CORP 2.6%

Value $31.66M Shares 680,352 Share Price $46.53 Est. Cost/Share $48.95 Unrealized @ Report Date -4.0%

MFC MANULIFE FINL CORP 2.2%

Value $26.46M Shares 1,442,070 Share Price $18.35 * Est. Cost/Share $19.43 Unrealized @ Report Date -2.1%

CNQ CANADIAN NAT RES LTD 2.1%

Value $24.85M Shares 449,089 Share Price $55.34 * Est. Cost/Share $9.47 Unrealized @ Report Date +165.7%

TECK TECK RESOURCES LTD 1.9%

Value $22.94M Shares 628,296 Share Price $36.51 * Est. Cost/Share $17.34 Unrealized @ Report Date +128.9%

TU TELUS CORPORATION 1.9%

Value $22.37M Shares 1,126,988 Share Price $19.85 * Est. Cost/Share $18.43 Unrealized @ Report Date +10.3%

BMO BANK MONTREAL QUE 1.6%

Value $18.78M Shares 210,900 Share Price $89.07 * Est. Cost/Share $73.84 Unrealized @ Report Date +13.6%

NEM NEWMONT CORP 1.1%

Value $13.28M Shares 271,010 Share Price $48.99 * Est. Cost/Share $28.04 Unrealized @ Report Date +59.8%

GOOS CANADA GOOSE HLDGS INC 1.0%

Value $11.85M Shares 616,388 Share Price $19.23 * Est. Cost/Share $18.47 Unrealized @ Report Date +7.0%

EFXT ENERFLEX LTD 0.9%

Value $10.86M Shares 1,822,628 Share Price $5.96 * Est. Cost/Share $5.48 Unrealized @ Report Date +15.6%

AEM AGNICO EAGLE MINES LTD 0.6%

Value $7.786M Shares 152,740 Share Price $50.98 * Est. Cost/Share $49.03 Unrealized @ Report Date -1.9%

WFG WEST FRASER TIMBER CO LTD 0.3%

Value $3.897M Shares 54,636 Share Price $71.32 * Est. Cost/Share $76.85 Unrealized @ Report Date 0.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
TD	TORONTO DOMINION BK ONT	2,022,742	$121M	10.0%	$59.89 *	$46.22	+39.8%	COM NEW	891160509
BNS	BANK NOVA SCOTIA HALIFAX	1,607,561	$80.96M	6.7%	$50.36 *	$36.35	+20.7%	COM	064149107
RY	ROYAL BK CDA SUSTAINABL	837,425	$80.08M	6.6%	$95.63 *	$63.53	+56.0%	COM	780087102
TRP	TC ENERGY CORP	1,806,621	$70.27M	5.8%	$38.90 *	$34.54	+1.5%	COM	87807B107
SU	SUNCOR ENERGY INC NEW	2,226,999	$69.14M	5.7%	$31.05 *	$16.69	+74.7%	COM	867224107
CM	CANADIAN IMPERIAL BK COMM TO	1,447,671	$61.38M	5.1%	$42.40 *	$34.80	+10.7%	COM	136069101
—	CANADIAN PAC RY LTD	717,232	$55.23M	4.6%	$77.00	$85.72	—	COM	13645T100
CNI	CANADIAN NATL RY CO	439,907	$51.9M	4.3%	$117.99 *	$47.16	+136.4%	COM	136375102
BN	BROOKFIELD CORP	1,568,757	$51.11M	4.2%	$32.58 *	$21.93	+0.6%	CL A LTD VT SH	11271J107
RCI	ROGERS COMMUNICATIONS INC	1,080,183	$50.06M	4.1%	$46.35 *	$46.95	+1.0%	CL B	775109200
—	BARRICK GOLD CORP	2,345,303	$43.54M	3.6%	$18.56	$16.20	—	COM	067901108
GIB	CGI INC	436,166	$42.03M	3.5%	$96.37 *	$78.55	+13.8%	CL A SUB VTG	12532H104
GIL	GILDAN ACTIVEWEAR INC	1,243,200	$41.3M	3.4%	$33.22 *	$25.97	+12.2%	COM	375916103
MGA	MAGNA INTL INC	753,014	$40.33M	3.3%	$53.56 *	$48.73	+6.5%	COM	559222401
CVE	CENOVUS ENERGY INC	2,262,073	$39.46M	3.3%	$17.45 *	$14.32	+18.9%	COM	15135U109
NTR	NUTRIEN LTD	528,001	$38.99M	3.2%	$73.85 *	$40.28	+73.6%	COM	67077M108
QSR	RESTAURANT BRANDS INTL INC	560,433	$37.62M	3.1%	$67.13 *	$57.62	+13.1%	COM	76131D103
ENB	ENBRIDGE INC	984,029	$37.52M	3.1%	$38.13 *	$23.74	+36.6%	COM	29250N105
MEOH	METHANEX CORP	680,352	$31.66M	2.6%	$46.53	$48.95	-4.0%	COM	59151K108
MFC	MANULIFE FINL CORP	1,442,070	$26.46M	2.2%	$18.35 *	$19.43	-2.1%	COM	56501R106
CNQ	CANADIAN NAT RES LTD	449,089	$24.85M	2.1%	$55.34 *	$9.47	+165.7%	COM	136385101
TECK	TECK RESOURCES LTD	628,296	$22.94M	1.9%	$36.51 *	$17.34	+128.9%	CL B	878742204
TU	TELUS CORPORATION	1,126,988	$22.37M	1.9%	$19.85 *	$18.43	+10.3%	COM	87971M103
BMO	BANK MONTREAL QUE	210,900	$18.78M	1.6%	$89.07 *	$73.84	+13.6%	COM	063671101
NEM	NEWMONT CORP	271,010	$13.28M	1.1%	$48.99 *	$28.04	+59.8%	COM	651639106
GOOS	CANADA GOOSE HLDGS INC	616,388	$11.85M	1.0%	$19.23 *	$18.47	+7.0%	SHS SUB VTG	135086106
EFXT	ENERFLEX LTD	1,822,628	$10.86M	0.9%	$5.96 *	$5.48	+15.6%	COM	29269R105
AEM	AGNICO EAGLE MINES LTD	152,740	$7.786M	0.6%	$50.98 *	$49.03	-1.9%	COM	008474108
WFG	WEST FRASER TIMBER CO LTD	54,636	$3.897M	0.3%	$71.32 *	$76.85	0.0%	COM	952845105