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

Location: Toronto, Ontario, Canada

CIK: 0001426327 · Show all filings

Period: Q3 2015 (← Previous) (Next →)

Filing Date: Nov 16, 2015

Total Value: $1.624B (100.0% shares, 0.0% debt)

Holdings (27)

BNS Bank of Nova Scotia 10.6%

Value $173M Shares 3,939,625 Share Price $43.88 * Est. Cost/Share $30.36 Unrealized @ Report Date -8.8%

CM Canadian Imperial Bank of Commerce 8.9%

Value $145M Shares 2,027,707 Share Price $71.51 * Est. Cost/Share $20.76 Unrealized @ Report Date +4.0%

CNI Canadian National Railway 8.4%

Value $136M Shares 2,410,555 Share Price $56.52 * Est. Cost/Share $41.82 Unrealized @ Report Date +15.1%

SU Suncor Energy Inc. 7.8%

Value $127M Shares 4,762,843 Share Price $26.62 * Est. Cost/Share $19.64 Unrealized @ Report Date -5.6%

RY Royal Bank of Canada 7.7%

Value $126M Shares 2,286,026 Share Price $55.04 * Est. Cost/Share $59.91 Unrealized @ Report Date -5.0%

TD Toronto-Dominion Bank 7.2%

Value $117M Shares 2,979,018 Share Price $39.23 Est. Cost/Share $42.37 Unrealized @ Report Date -6.0%

CNQ Canadian Natural Resources Ltd. 5.8%

Value $94.51M Shares 4,875,214 Share Price $19.39 * Est. Cost/Share $8.73 Unrealized @ Report Date -19.1%

MGA Magna International Inc. Class A 5.4%

Value $87.15M Shares 1,825,344 Share Price $47.74 * Est. Cost/Share $29.56 Unrealized @ Report Date +29.3%

— Agrium Inc. 4.7%

Value $76.76M Shares 860,508 Share Price $89.21 Est. Cost/Share $91.31 Unrealized @ Report Date —

MFC Manulife Financial Corp. 4.3%

Value $70.46M Shares 4,577,000 Share Price $15.40 * Est. Cost/Share $15.47 Unrealized @ Report Date +8.4%

CVE Cenovus Energy Inc. 3.9%

Value $63.89M Shares 4,232,019 Share Price $15.10 * Est. Cost/Share $22.46 Unrealized @ Report Date -48.1%

SLF Sun Life Financial Inc. 3.6%

Value $58.28M Shares 1,815,537 Share Price $32.10 Est. Cost/Share $31.17 Unrealized @ Report Date +4.0%

RCI Rogers Comm Inc. Class B 3.5%

Value $56.08M Shares 1,635,163 Share Price $34.30 Est. Cost/Share $47.22 Unrealized @ Report Date -27.1%

TU Telus Corp. 3.4%

Value $56M Shares 1,785,475 Share Price $31.36 * Est. Cost/Share $17.27 Unrealized @ Report Date -3.8%

BMO Bank of Montreal 3.1%

Value $49.96M Shares 920,385 Share Price $54.28 * Est. Cost/Share $36.08 Unrealized @ Report Date 0.0%

GIL Gildan Activewear Class A 2.4%

Value $38.26M Shares 1,273,532 Share Price $30.04 * Est. Cost/Share $20.83 Unrealized @ Report Date +31.0%

— Barrick Gold Corp. 1.8%

Value $28.86M Shares 4,557,947 Share Price $6.33 Est. Cost/Share $16.60 Unrealized @ Report Date —

— Potash Corp. of Saskatchewan 1.7%

Value $26.83M Shares 1,311,409 Share Price $20.46 Est. Cost/Share $40.12 Unrealized @ Report Date —

TECK Teck Resources Ltd. 1.0%

Value $16.73M Shares 3,520,779 Share Price $4.75 * Est. Cost/Share $25.86 Unrealized @ Report Date -72.6%

— Precision Drilling Corp. 0.9%

Value $15.41M Shares 4,181,301 Share Price $3.68 Est. Cost/Share $8.83 Unrealized @ Report Date —

— Thomson Reuters Corporation 0.8%

Value $13.49M Shares 337,171 Share Price $40.01 Est. Cost/Share $34.35 Unrealized @ Report Date —

BCE BCE Inc. 0.7%

Value $10.88M Shares 267,049 Share Price $40.74 * Est. Cost/Share $22.29 Unrealized @ Report Date +0.1%

TAC Transalta Corp. 0.6%

Value $9.909M Shares 2,142,770 Share Price $4.62 * Est. Cost/Share $5.70 Unrealized @ Report Date 0.0%

CCJ Cameco Corp. 0.5%

Value $8.688M Shares 715,910 Share Price $12.14 Est. Cost/Share $17.60 Unrealized @ Report Date -30.6%

— Domtar Corp 0.4%

Value $6.47M Shares 181,740 Share Price $35.60 Est. Cost/Share $35.40 Unrealized @ Report Date —

— Celestica Inc. 0.4%

Value $6.311M Shares 492,490 Share Price $12.81 Est. Cost/Share $9.94 Unrealized @ Report Date —

MEOH Methanex Corp. 0.3%

Value $5.06M Shares 153,400 Share Price $32.99 * Est. Cost/Share $42.81 Unrealized @ Report Date 0.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BNS	Bank of Nova Scotia	3,939,625	$173M	10.6%	$43.88 *	$30.36	-8.8%	COM	064149107
CM	Canadian Imperial Bank of Commerce	2,027,707	$145M	8.9%	$71.51 *	$20.76	+4.0%	COM	136069101
CNI	Canadian National Railway	2,410,555	$136M	8.4%	$56.52 *	$41.82	+15.1%	COM	136375102
SU	Suncor Energy Inc.	4,762,843	$127M	7.8%	$26.62 *	$19.64	-5.6%	COM	867224107
RY	Royal Bank of Canada	2,286,026	$126M	7.7%	$55.04 *	$59.91	-5.0%	COM	780087102
TD	Toronto-Dominion Bank	2,979,018	$117M	7.2%	$39.23	$42.37	-6.0%	COM NEW	891160509
CNQ	Canadian Natural Resources Ltd.	4,875,214	$94.51M	5.8%	$19.39 *	$8.73	-19.1%	COM	136385101
MGA	Magna International Inc. Class A	1,825,344	$87.15M	5.4%	$47.74 *	$29.56	+29.3%	COM	559222401
—	Agrium Inc.	860,508	$76.76M	4.7%	$89.21	$91.31	—	COM	008916108
MFC	Manulife Financial Corp.	4,577,000	$70.46M	4.3%	$15.40 *	$15.47	+8.4%	COM	56501R106
CVE	Cenovus Energy Inc.	4,232,019	$63.89M	3.9%	$15.10 *	$22.46	-48.1%	COM	15135U109
SLF	Sun Life Financial Inc.	1,815,537	$58.28M	3.6%	$32.10	$31.17	+4.0%	COM	866796105
RCI	Rogers Comm Inc. Class B	1,635,163	$56.08M	3.5%	$34.30	$47.22	-27.1%	CL B	775109200
TU	Telus Corp.	1,785,475	$56M	3.4%	$31.36 *	$17.27	-3.8%	COM	87971M103
BMO	Bank of Montreal	920,385	$49.96M	3.1%	$54.28 *	$36.08	0.0%	COM	063671101
GIL	Gildan Activewear Class A	1,273,532	$38.26M	2.4%	$30.04 *	$20.83	+31.0%	COM	375916103
—	Barrick Gold Corp.	4,557,947	$28.86M	1.8%	$6.33	$16.60	—	COM	067901108
—	Potash Corp. of Saskatchewan	1,311,409	$26.83M	1.7%	$20.46	$40.12	—	COM	73755L107
TECK	Teck Resources Ltd.	3,520,779	$16.73M	1.0%	$4.75 *	$25.86	-72.6%	CL B	878742204
—	Precision Drilling Corp.	4,181,301	$15.41M	0.9%	$3.68	$8.83	—	COM 2010	74022D308
—	Thomson Reuters Corporation	337,171	$13.49M	0.8%	$40.01	$34.35	—	COM	884903105
BCE	BCE Inc.	267,049	$10.88M	0.7%	$40.74 *	$22.29	+0.1%	COM NEW	05534B760
TAC	Transalta Corp.	2,142,770	$9.909M	0.6%	$4.62 *	$5.70	0.0%	COM	89346D107
CCJ	Cameco Corp.	715,910	$8.688M	0.5%	$12.14	$17.60	-30.6%	COM	13321L108
—	Domtar Corp	181,740	$6.47M	0.4%	$35.60	$35.40	—	COM NEW	257559203
—	Celestica Inc.	492,490	$6.311M	0.4%	$12.81	$9.94	—	SUB VTG SHS	15101Q108
MEOH	Methanex Corp.	153,400	$5.06M	0.3%	$32.99 *	$42.81	0.0%	COM	59151K108