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

Name: Scheer, Rowlett & Associates Investment Management Ltd. Q4 2014 13F Filing | 13F Explorer
Creator: Scheer, Rowlett & Associates Investment Management Ltd.
Published: 2015-06-03

Location: Toronto, Ontario, Canada

CIK: 0001426327 · Show all filings

Period: Q4 2014 (← Previous) (Next →)

Filing Date: Jun 3, 2015

Total Value: $2.699B (100.0% shares, 0.0% debt)

Holdings (24)

RY Royal Bank of Canada 11.2%

Value $302M Shares 4,353,183 Share Price $69.28 * Est. Cost/Share $59.91 Unrealized @ Report Date +18.0%

BNS Bank of Nova Scotia 11.1%

Value $301M Shares 5,252,024 Share Price $57.25 * Est. Cost/Share $30.36 Unrealized @ Report Date +11.6%

TD Toronto-Dominion Bank 9.8%

Value $264M Shares 5,505,338 Share Price $47.93 Est. Cost/Share $42.37 Unrealized @ Report Date +13.8%

CM Canadian Imperial Bank of Commerce 8.6%

Value $231M Shares 2,680,723 Share Price $86.20 * Est. Cost/Share $20.76 Unrealized @ Report Date +26.1%

SU Suncor Energy Inc. 8.5%

Value $230M Shares 7,214,272 Share Price $31.86 * Est. Cost/Share $19.64 Unrealized @ Report Date +13.8%

CNI Canadian National Railway 7.1%

Value $191M Shares 2,759,087 Share Price $69.09 * Est. Cost/Share $41.67 Unrealized @ Report Date +34.2%

CNQ Canadian Natural Resources Ltd. 6.2%

Value $168M Shares 5,425,274 Share Price $31.01 * Est. Cost/Share $8.85 Unrealized @ Report Date +16.2%

MGA Magna International Inc. Class A 4.1%

Value $112M Shares 1,027,814 Share Price $108.69 * Est. Cost/Share $22.60 Unrealized @ Report Date +63.4%

— Agrium Inc. 4.0%

Value $109M Shares 1,146,165 Share Price $94.97 Est. Cost/Share $91.31 Unrealized @ Report Date —

CVE Cenovus Energy Inc. 4.0%

Value $109M Shares 5,243,677 Share Price $20.70 * Est. Cost/Share $22.46 Unrealized @ Report Date -18.3%

MFC Manulife Financial Corp. 3.9%

Value $107M Shares 5,564,087 Share Price $19.15 Est. Cost/Share $15.47 Unrealized @ Report Date +22.3%

SLF Sun Life Financial Inc. 3.3%

Value $87.76M Shares 2,424,771 Share Price $36.19 Est. Cost/Share $31.17 Unrealized @ Report Date +14.8%

TU Telus Corp. 3.0%

Value $79.99M Shares 2,211,765 Share Price $36.17 * Est. Cost/Share $17.27 Unrealized @ Report Date +4.3%

RCI Rogers Comm Inc. Class B 2.9%

Value $78.56M Shares 2,014,399 Share Price $39.00 Est. Cost/Share $47.22 Unrealized @ Report Date -18.3%

TECK Teck Resources Ltd. 2.2%

Value $59.2M Shares 4,318,256 Share Price $13.71 * Est. Cost/Share $25.86 Unrealized @ Report Date -41.0%

— Barrick Gold Corp. 2.2%

Value $58.57M Shares 5,418,333 Share Price $10.81 Est. Cost/Share $16.60 Unrealized @ Report Date —

GIL Gildan Activewear Class A 2.1%

Value $57.78M Shares 1,018,714 Share Price $56.72 * Est. Cost/Share $17.50 Unrealized @ Report Date +37.9%

— Potash Corp. of Saskatchewan 2.1%

Value $57.3M Shares 1,615,861 Share Price $35.46 Est. Cost/Share $40.12 Unrealized @ Report Date —

— Precision Drilling Corp. 1.2%

Value $31.42M Shares 5,155,171 Share Price $6.10 Est. Cost/Share $8.83 Unrealized @ Report Date —

— Thomson Reuters Corporation 0.7%

Value $17.84M Shares 440,777 Share Price $40.47 Est. Cost/Share $34.35 Unrealized @ Report Date —

BCE BCE Inc. 0.6%

Value $16.05M Shares 349,015 Share Price $46.00 * Est. Cost/Share $22.29 Unrealized @ Report Date +5.7%

CCJ Cameco Corp. 0.5%

Value $14.36M Shares 873,026 Share Price $16.45 * Est. Cost/Share $17.60 Unrealized @ Report Date -13.4%

— Domtar Corp 0.4%

Value $10.31M Shares 255,810 Share Price $40.30 Est. Cost/Share $35.18 Unrealized @ Report Date —

— Celestica Inc. 0.3%

Value $7.963M Shares 675,725 Share Price $11.78 Est. Cost/Share $9.94 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
RY	Royal Bank of Canada	4,353,183	$302M	11.2%	$69.28 *	$59.91	+18.0%	COM	780087102
BNS	Bank of Nova Scotia	5,252,024	$301M	11.1%	$57.25 *	$30.36	+11.6%	COM	064149107
TD	Toronto-Dominion Bank	5,505,338	$264M	9.8%	$47.93	$42.37	+13.8%	COM NEW	891160509
CM	Canadian Imperial Bank of Commerce	2,680,723	$231M	8.6%	$86.20 *	$20.76	+26.1%	COM	136069101
SU	Suncor Energy Inc.	7,214,272	$230M	8.5%	$31.86 *	$19.64	+13.8%	COM	867224107
CNI	Canadian National Railway	2,759,087	$191M	7.1%	$69.09 *	$41.67	+34.2%	COM	136375102
CNQ	Canadian Natural Resources Ltd.	5,425,274	$168M	6.2%	$31.01 *	$8.85	+16.2%	COM	136385101
MGA	Magna International Inc. Class A	1,027,814	$112M	4.1%	$108.69 *	$22.60	+63.4%	COM	559222401
—	Agrium Inc.	1,146,165	$109M	4.0%	$94.97	$91.31	—	COM	008916108
CVE	Cenovus Energy Inc.	5,243,677	$109M	4.0%	$20.70 *	$22.46	-18.3%	COM	15135U109
MFC	Manulife Financial Corp.	5,564,087	$107M	3.9%	$19.15	$15.47	+22.3%	COM	56501R106
SLF	Sun Life Financial Inc.	2,424,771	$87.76M	3.3%	$36.19	$31.17	+14.8%	COM	866796105
TU	Telus Corp.	2,211,765	$79.99M	3.0%	$36.17 *	$17.27	+4.3%	COM	87971M103
RCI	Rogers Comm Inc. Class B	2,014,399	$78.56M	2.9%	$39.00	$47.22	-18.3%	CL B	775109200
TECK	Teck Resources Ltd.	4,318,256	$59.2M	2.2%	$13.71 *	$25.86	-41.0%	CL B	878742204
—	Barrick Gold Corp.	5,418,333	$58.57M	2.2%	$10.81	$16.60	—	COM	067901108
GIL	Gildan Activewear Class A	1,018,714	$57.78M	2.1%	$56.72 *	$17.50	+37.9%	COM	375916103
—	Potash Corp. of Saskatchewan	1,615,861	$57.3M	2.1%	$35.46	$40.12	—	COM	73755L107
—	Precision Drilling Corp.	5,155,171	$31.42M	1.2%	$6.10	$8.83	—	COM 2010	74022D308
—	Thomson Reuters Corporation	440,777	$17.84M	0.7%	$40.47	$34.35	—	COM	884903105
BCE	BCE Inc.	349,015	$16.05M	0.6%	$46.00 *	$22.29	+5.7%	COM NEW	05534B760
CCJ	Cameco Corp.	873,026	$14.36M	0.5%	$16.45 *	$17.60	-13.4%	COM	13321L108
—	Domtar Corp	255,810	$10.31M	0.4%	$40.30	$35.18	—	COM NEW	257559203
—	Celestica Inc.	675,725	$7.963M	0.3%	$11.78	$9.94	—	SUB VTG SHS	15101Q108