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

Name: Scheer, Rowlett & Associates Investment Management Ltd. Q1 2015 13F Filing | 13F Explorer
Creator: Scheer, Rowlett & Associates Investment Management Ltd.
Published: 2015-05-22

Location: Toronto, Ontario, Canada

CIK: 0001426327 · Show all filings

Period: Q1 2015 (← Previous) (Next →)

Filing Date: May 22, 2015

Total Value: $2.188B (100.0% shares, 0.0% debt)

Holdings (24)

BNS Bank of Nova Scotia 10.8%

Value $236M Shares 4,712,144 Share Price $50.17 * Est. Cost/Share $30.36 Unrealized @ Report Date -2.2%

RY Royal Bank of Canada 9.8%

Value $214M Shares 3,547,502 Share Price $60.20 * Est. Cost/Share $59.91 Unrealized @ Report Date +2.6%

TD Toronto-Dominion Bank 8.5%

Value $186M Shares 4,345,913 Share Price $42.80 Est. Cost/Share $42.37 Unrealized @ Report Date +1.4%

SU Suncor Energy Inc. 8.5%

Value $185M Shares 6,327,908 Share Price $29.22 * Est. Cost/Share $19.64 Unrealized @ Report Date +3.1%

CM Canadian Imperial Bank of Commerce 8.2%

Value $180M Shares 2,477,018 Share Price $72.50 * Est. Cost/Share $20.76 Unrealized @ Report Date +7.8%

CNI Canadian National Railway 7.8%

Value $170M Shares 2,534,869 Share Price $66.97 * Est. Cost/Share $41.67 Unrealized @ Report Date +33.9%

CNQ Canadian Natural Resources Ltd. 7.0%

Value $152M Shares 4,969,604 Share Price $30.65 * Est. Cost/Share $8.85 Unrealized @ Report Date +2.4%

— Agrium Inc. 4.6%

Value $102M Shares 974,170 Share Price $104.22 Est. Cost/Share $91.31 Unrealized @ Report Date —

MGA Magna International Inc. Class A 4.6%

Value $101M Shares 1,886,784 Share Price $53.46 * Est. Cost/Share $29.47 Unrealized @ Report Date +27.9%

MFC Manulife Financial Corp. 4.0%

Value $86.64M Shares 5,101,198 Share Price $16.98 Est. Cost/Share $15.47 Unrealized @ Report Date +11.2%

CVE Cenovus Energy Inc. 3.7%

Value $80.78M Shares 4,792,008 Share Price $16.86 * Est. Cost/Share $22.46 Unrealized @ Report Date -33.7%

SLF Sun Life Financial Inc. 3.1%

Value $68.4M Shares 2,219,632 Share Price $30.82 * Est. Cost/Share $31.17 Unrealized @ Report Date +2.4%

TU Telus Corp. 3.1%

Value $67.46M Shares 2,030,885 Share Price $33.22 * Est. Cost/Share $17.27 Unrealized @ Report Date +0.1%

RCI Rogers Comm Inc. Class B 2.8%

Value $61.87M Shares 1,848,178 Share Price $33.48 * Est. Cost/Share $47.22 Unrealized @ Report Date -23.7%

GIL Gildan Activewear Class A 2.5%

Value $54.91M Shares 1,862,450 Share Price $29.48 * Est. Cost/Share $20.83 Unrealized @ Report Date +19.3%

TECK Teck Resources Ltd. 2.5%

Value $54.79M Shares 3,992,675 Share Price $13.72 * Est. Cost/Share $25.86 Unrealized @ Report Date -45.5%

— Barrick Gold Corp. 2.5%

Value $54.26M Shares 4,962,117 Share Price $10.94 Est. Cost/Share $16.60 Unrealized @ Report Date —

— Potash Corp. of Saskatchewan 2.2%

Value $47.95M Shares 1,487,326 Share Price $32.24 Est. Cost/Share $40.12 Unrealized @ Report Date —

— Precision Drilling Corp. 1.4%

Value $30.19M Shares 4,755,491 Share Price $6.35 Est. Cost/Share $8.83 Unrealized @ Report Date —

— Thomson Reuters Corporation 0.7%

Value $16.12M Shares 397,636 Share Price $40.54 Est. Cost/Share $34.35 Unrealized @ Report Date —

BCE BCE Inc. 0.6%

Value $13.19M Shares 311,502 Share Price $42.34 * Est. Cost/Share $22.29 Unrealized @ Report Date +6.1%

CCJ Cameco Corp. 0.5%

Value $11.13M Shares 798,265 Share Price $13.94 * Est. Cost/Share $17.60 Unrealized @ Report Date -24.1%

— Domtar Corp 0.4%

Value $9.064M Shares 196,290 Share Price $46.18 Est. Cost/Share $35.18 Unrealized @ Report Date —

— Celestica Inc. 0.3%

Value $6.455M Shares 581,475 Share Price $11.10 Est. Cost/Share $9.94 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BNS	Bank of Nova Scotia	4,712,144	$236M	10.8%	$50.17 *	$30.36	-2.2%	COM	064149107
RY	Royal Bank of Canada	3,547,502	$214M	9.8%	$60.20 *	$59.91	+2.6%	COM	780087102
TD	Toronto-Dominion Bank	4,345,913	$186M	8.5%	$42.80	$42.37	+1.4%	COM NEW	891160509
SU	Suncor Energy Inc.	6,327,908	$185M	8.5%	$29.22 *	$19.64	+3.1%	COM	867224107
CM	Canadian Imperial Bank of Commerce	2,477,018	$180M	8.2%	$72.50 *	$20.76	+7.8%	COM	136069101
CNI	Canadian National Railway	2,534,869	$170M	7.8%	$66.97 *	$41.67	+33.9%	COM	136375102
CNQ	Canadian Natural Resources Ltd.	4,969,604	$152M	7.0%	$30.65 *	$8.85	+2.4%	COM	136385101
—	Agrium Inc.	974,170	$102M	4.6%	$104.22	$91.31	—	COM	008916108
MGA	Magna International Inc. Class A	1,886,784	$101M	4.6%	$53.46 *	$29.47	+27.9%	COM	559222401
MFC	Manulife Financial Corp.	5,101,198	$86.64M	4.0%	$16.98	$15.47	+11.2%	COM	56501R106
CVE	Cenovus Energy Inc.	4,792,008	$80.78M	3.7%	$16.86 *	$22.46	-33.7%	COM	15135U109
SLF	Sun Life Financial Inc.	2,219,632	$68.4M	3.1%	$30.82 *	$31.17	+2.4%	COM	866796105
TU	Telus Corp.	2,030,885	$67.46M	3.1%	$33.22 *	$17.27	+0.1%	COM	87971M103
RCI	Rogers Comm Inc. Class B	1,848,178	$61.87M	2.8%	$33.48 *	$47.22	-23.7%	CL B	775109200
GIL	Gildan Activewear Class A	1,862,450	$54.91M	2.5%	$29.48 *	$20.83	+19.3%	COM	375916103
TECK	Teck Resources Ltd.	3,992,675	$54.79M	2.5%	$13.72 *	$25.86	-45.5%	CL B	878742204
—	Barrick Gold Corp.	4,962,117	$54.26M	2.5%	$10.94	$16.60	—	COM	067901108
—	Potash Corp. of Saskatchewan	1,487,326	$47.95M	2.2%	$32.24	$40.12	—	COM	73755L107
—	Precision Drilling Corp.	4,755,491	$30.19M	1.4%	$6.35	$8.83	—	COM 2010	74022D308
—	Thomson Reuters Corporation	397,636	$16.12M	0.7%	$40.54	$34.35	—	COM	884903105
BCE	BCE Inc.	311,502	$13.19M	0.6%	$42.34 *	$22.29	+6.1%	COM NEW	05534B760
CCJ	Cameco Corp.	798,265	$11.13M	0.5%	$13.94 *	$17.60	-24.1%	COM	13321L108
—	Domtar Corp	196,290	$9.064M	0.4%	$46.18	$35.18	—	COM NEW	257559203
—	Celestica Inc.	581,475	$6.455M	0.3%	$11.10	$9.94	—	SUB VTG SHS	15101Q108