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

Location: Toronto, Ontario, Canada

CIK: 0001426327 · Show all filings

Period: Q3 2014 (← Previous) (Next →)

Filing Date: Jun 3, 2015

Total Value: $3.079B (100.0% shares, 0.0% debt)

Holdings (25)

BNS Bank of Nova Scotia 10.8%

Value $334M Shares 5,385,619 Share Price $61.98 * Est. Cost/Share $30.36 Unrealized @ Report Date +23.6%

RY Royal Bank of Canada 10.4%

Value $320M Shares 4,461,143 Share Price $71.63 * Est. Cost/Share $59.91 Unrealized @ Report Date +22.9%

TD Toronto-Dominion Bank 9.1%

Value $279M Shares 5,635,960 Share Price $49.46 * Est. Cost/Share $42.37 Unrealized @ Report Date +22.5%

SU Suncor Energy Inc. 8.7%

Value $267M Shares 7,373,126 Share Price $36.27 * Est. Cost/Share $19.64 Unrealized @ Report Date +37.1%

CM Canadian Imperial Bank of Commerce 8.1%

Value $249M Shares 2,768,844 Share Price $90.01 * Est. Cost/Share $20.76 Unrealized @ Report Date +30.7%

CNQ Canadian Natural Resources Ltd. 7.0%

Value $216M Shares 5,545,212 Share Price $38.93 * Est. Cost/Share $8.85 Unrealized @ Report Date +46.2%

CNI Canadian National Railway 6.5%

Value $200M Shares 2,817,495 Share Price $71.15 * Est. Cost/Share $41.67 Unrealized @ Report Date +35.5%

CVE Cenovus Energy Inc. 4.7%

Value $144M Shares 5,331,725 Share Price $26.96 * Est. Cost/Share $22.46 Unrealized @ Report Date +7.3%

— Agrium Inc. 4.1%

Value $125M Shares 1,401,585 Share Price $89.09 Est. Cost/Share $91.31 Unrealized @ Report Date —

MFC Manulife Financial Corp. 3.6%

Value $110M Shares 5,686,927 Share Price $19.27 * Est. Cost/Share $15.47 Unrealized @ Report Date +30.0%

MGA Magna International Inc. Class A 3.1%

Value $96.85M Shares 1,018,219 Share Price $95.12 * Est. Cost/Share $22.60 Unrealized @ Report Date +76.5%

TU Telus Corp. 3.0%

Value $93.31M Shares 2,726,910 Share Price $34.22 * Est. Cost/Share $17.27 Unrealized @ Report Date +3.2%

SLF Sun Life Financial Inc. 2.9%

Value $90.12M Shares 2,480,566 Share Price $36.33 * Est. Cost/Share $31.17 Unrealized @ Report Date +20.6%

TECK Teck Resources Ltd. 2.7%

Value $83.62M Shares 4,406,026 Share Price $18.98 * Est. Cost/Share $25.86 Unrealized @ Report Date -12.2%

— Barrick Gold Corp. 2.7%

Value $82.23M Shares 5,579,668 Share Price $14.74 Est. Cost/Share $16.60 Unrealized @ Report Date —

RCI Rogers Comm Inc. Class B 2.5%

Value $77.29M Shares 2,060,368 Share Price $37.51 * Est. Cost/Share $47.22 Unrealized @ Report Date -16.1%

GIL Gildan Activewear Class A 2.3%

Value $70.84M Shares 1,292,194 Share Price $54.83 * Est. Cost/Share $17.50 Unrealized @ Report Date +39.8%

— Potash Corp. of Saskatchewan 2.1%

Value $65.7M Shares 1,893,201 Share Price $34.70 Est. Cost/Share $40.12 Unrealized @ Report Date —

— Talisman Energy Inc. 2.1%

Value $64.5M Shares 7,438,268 Share Price $8.67 Est. Cost/Share $11.02 Unrealized @ Report Date —

— Precision Drilling Corp. 1.5%

Value $47.67M Shares 4,406,141 Share Price $10.82 Est. Cost/Share $9.29 Unrealized @ Report Date —

— Thomson Reuters Corporation 0.5%

Value $16.57M Shares 453,735 Share Price $36.51 Est. Cost/Share $34.35 Unrealized @ Report Date —

CCJ Cameco Corp. 0.5%

Value $15.85M Shares 896,451 Share Price $17.68 Est. Cost/Share $17.60 Unrealized @ Report Date -1.5%

BCE BCE Inc. 0.5%

Value $15.29M Shares 356,748 Share Price $42.85 * Est. Cost/Share $22.29 Unrealized @ Report Date +3.8%

— Domtar Corp 0.3%

Value $9.221M Shares 262,080 Share Price $35.18 Est. Cost/Share $35.18 Unrealized @ Report Date —

— Celestica Inc. 0.2%

Value $6.8M Shares 669,565 Share Price $10.16 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	5,385,619	$334M	10.8%	$61.98 *	$30.36	+23.6%	COM	064149107
RY	Royal Bank of Canada	4,461,143	$320M	10.4%	$71.63 *	$59.91	+22.9%	COM	780087102
TD	Toronto-Dominion Bank	5,635,960	$279M	9.1%	$49.46 *	$42.37	+22.5%	COM NEW	891160509
SU	Suncor Energy Inc.	7,373,126	$267M	8.7%	$36.27 *	$19.64	+37.1%	COM	867224107
CM	Canadian Imperial Bank of Commerce	2,768,844	$249M	8.1%	$90.01 *	$20.76	+30.7%	COM	136069101
CNQ	Canadian Natural Resources Ltd.	5,545,212	$216M	7.0%	$38.93 *	$8.85	+46.2%	COM	136385101
CNI	Canadian National Railway	2,817,495	$200M	6.5%	$71.15 *	$41.67	+35.5%	COM	136375102
CVE	Cenovus Energy Inc.	5,331,725	$144M	4.7%	$26.96 *	$22.46	+7.3%	COM	15135U109
—	Agrium Inc.	1,401,585	$125M	4.1%	$89.09	$91.31	—	COM	008916108
MFC	Manulife Financial Corp.	5,686,927	$110M	3.6%	$19.27 *	$15.47	+30.0%	COM	56501R106
MGA	Magna International Inc. Class A	1,018,219	$96.85M	3.1%	$95.12 *	$22.60	+76.5%	COM	559222401
TU	Telus Corp.	2,726,910	$93.31M	3.0%	$34.22 *	$17.27	+3.2%	COM	87971M103
SLF	Sun Life Financial Inc.	2,480,566	$90.12M	2.9%	$36.33 *	$31.17	+20.6%	COM	866796105
TECK	Teck Resources Ltd.	4,406,026	$83.62M	2.7%	$18.98 *	$25.86	-12.2%	CL B	878742204
—	Barrick Gold Corp.	5,579,668	$82.23M	2.7%	$14.74	$16.60	—	COM	067901108
RCI	Rogers Comm Inc. Class B	2,060,368	$77.29M	2.5%	$37.51 *	$47.22	-16.1%	CL B	775109200
GIL	Gildan Activewear Class A	1,292,194	$70.84M	2.3%	$54.83 *	$17.50	+39.8%	COM	375916103
—	Potash Corp. of Saskatchewan	1,893,201	$65.7M	2.1%	$34.70	$40.12	—	COM	73755L107
—	Talisman Energy Inc.	7,438,268	$64.5M	2.1%	$8.67	$11.02	—	COM	87425E103
—	Precision Drilling Corp.	4,406,141	$47.67M	1.5%	$10.82	$9.29	—	COM 2010	74022D308
—	Thomson Reuters Corporation	453,735	$16.57M	0.5%	$36.51	$34.35	—	COM	884903105
CCJ	Cameco Corp.	896,451	$15.85M	0.5%	$17.68	$17.60	-1.5%	COM	13321L108
BCE	BCE Inc.	356,748	$15.29M	0.5%	$42.85 *	$22.29	+3.8%	COM NEW	05534B760
—	Domtar Corp	262,080	$9.221M	0.3%	$35.18	$35.18	—	COM NEW	257559203
—	Celestica Inc.	669,565	$6.8M	0.2%	$10.16	$9.94	—	SUB VTG SHS	15101Q108