LETKO, BROSSEAU & ASSOCIATES INC — 13F Holdings & Portfolio

CIK 1297496 · latest 13F-HR filed 2026-08-13

LETKO, BROSSEAU & ASSOCIATES INC manages $6.77B in 13F-reported U.S. long-equity assets across 112 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are BNS (4.34%), TD (4.30%), GOOG (4.24%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 14 new positions, exited 3, added to 52, and trimmed 31.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM

$6.77B

Long-equity book

Holdings

112

Distinct positions

Period

2026-06-30

Filed 2026-08-13

Q/Q Activity

+14 / −3 / ↑52 / ↓31

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Firm Profile & Key People
Name Title / Status Ownership Type

Quarter-over-quarter changes

Share-count changes vs the prior 13F.

Top Adds (vs prior quarter)

  • TORONTO DOMINION BK ONT$56.7M +24.2%
  • ROYAL BK CDA$51.4M +22.4%
  • BANK NOVA SCOTIA B C$51.0M +21.0%
  • ALPHABET INC$48.2M +20.2%
  • SUN LIFE FINANCIAL INC.$42.9M +21.1%
Show all 52 →

Top Trims

  • INTEL CORP-$62.5M -69.8%
  • ROGERS COMMUNICATIONS INC-$40.9M -16.4%
  • NUTRIEN LTD-$39.9M -19.2%
  • AT&T INC-$33.1M -27.7%
  • BCE INC-$26.0M -13.7%
Show all 31 →

New Positions

  • GE HEALTHCARE TECHNOLOGIES I$56.2M
  • GILDAN ACTIVEWEAR INC$48.8M
  • EXELON CORP$41.5M
  • AECOM$27.2M
  • FEDEX FGHT HLDG CO INC$15.3M
Show all 14 →

Exited Positions

  • ALPHABET INC$314.0K
  • REPLIMUNE GROUP INC$82.6K
  • GOSSAMER BIO INC$12.9K
Show all 3 →
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 BANK NOVA SCOTIA B C BNS 064149107 $293.7M 4.34% 3,380,374 SH
2 TORONTO DOMINION BK ONT TD 891160509 $290.9M 4.30% 2,393,682 SH
3 ALPHABET INC GOOG 02079K107 $287.2M 4.24% 812,863 SH
4 ROYAL BK CDA RY 780087102 $280.7M 4.15% 1,356,164 SH
5 BANK MONTREAL MEDIUM BMO 063671101 $252.1M 3.73% 1,426,775 SH
6 SUN LIFE FINANCIAL INC. SLF 866796105 $246.8M 3.65% 3,144,427 SH
7 MAGNA INTL INC MGA 559222401 $245.1M 3.62% 3,728,461 SH
8 MANULIFE FINL CORP MFC 56501R106 $241.1M 3.56% 5,945,857 SH
9 ROGERS COMMUNICATIONS INC RCI 775109200 $208.8M 3.09% 6,419,707 SH
10 OPEN TEXT CORP OTEX 683715106 $195.5M 2.89% 8,837,628 SH
11 CANADIAN IMPERIAL BANK OF CO CM 136069101 $169.9M 2.51% 1,475,569 SH
12 NUTRIEN LTD NTR 67077M108 $167.6M 2.48% 2,661,149 SH
13 BCE INC BCE 05534B760 $164.2M 2.43% 7,626,060 SH
14 ILLUMINA INC ILMN 452327109 $146.0M 2.16% 830,293 SH
15 BARRICK MNG CORP B 06849F108 $136.1M 2.01% 3,703,017 SH
16 CENOVUS ENERGY INC CVE 15135U109 $132.1M 1.95% 5,327,707 SH
17 META PLATFORMS INC META 30303M102 $125.9M 1.86% 223,556 SH
18 CANADIAN NATL RY CO CNI 136375102 $122.6M 1.81% 1,027,674 SH
19 CVS HEALTH CORP CVS 126650100 $113.3M 1.67% 1,095,265 SH
20 TELUS CORPORATION TU 87971M103 $108.1M 1.60% 10,220,253 SH
21 CAE INC CAE 124765108 $99.7M 1.47% 3,981,832 SH
22 PFIZER INC PFE 717081103 $99.3M 1.47% 4,124,748 SH
23 WEST FRASER TIMBER CO LTD WFG 952845105 $96.0M 1.42% 1,417,956 SH
24 ADOBE INC ADBE 00724F101 $94.3M 1.39% 459,898 SH
25 MICROSOFT CORP MSFT 594918104 $90.0M 1.33% 241,356 SH
26 STATE STR CORP STT 857477103 $89.1M 1.32% 525,646 SH
27 AT&T INC T 00206R102 $86.4M 1.28% 4,174,925 SH
28 COMPANHIA PARANAENSE DE ENER ELPC 20441B704 $85.4M 1.26% 7,333,972 SH
29 CITIGROUP INC C 172967424 $85.2M 1.26% 609,048 SH
30 GSK PLC GSK 37733W204 $85.2M 1.26% 1,624,668 SH
31 COMCAST CORP NEW CMCSA 20030N101 $85.0M 1.26% 3,460,961 SH
32 SKYWORKS SOLUTIONS INC SWKS 83088M102 $83.7M 1.24% 1,234,937 SH
33 TOTALENERGIES SE TTE F92124100 $82.2M 1.21% 1,056,594 SH
34 EASTMAN CHEM CO EMN 277432100 $80.3M 1.19% 1,199,240 SH
35 SALESFORCE INC CRM 79466L302 $79.1M 1.17% 504,810 SH
36 TRUIST FINL CORP TFC 89832Q109 $77.3M 1.14% 1,551,961 SH
37 VERIZON COMMUNICATIONS INC VZ 92343V104 $73.1M 1.08% 1,726,727 SH
38 COMPANHIA DE SANEAMENTO BASI SBS 20441A102 $70.0M 1.03% 12,114,373 SH
39 ABBVIE INC ABBV 00287Y109 $67.9M 1.00% 270,009 SH
40 FEDEX CORP FDX 31428X106 $67.5M 1.00% 215,587 SH
41 CIRRUS LOGIC INC CRUS 172755100 $65.7M 0.97% 442,259 SH
42 GE HEALTHCARE TECHNOLOGIES I GEHC 36266G107 $56.2M 0.83% 878,575 SH
43 BANK OF AMER CORP BAC 060505104 $55.1M 0.81% 967,290 SH
44 TECK RESOURCES LTD TECK 878742204 $52.1M 0.77% 874,729 SH
45 MODERNA INC MRNA 60770K107 $50.8M 0.75% 724,830 SH
46 ENERFLEX LTD EFXT 29269R105 $49.0M 0.72% 1,997,788 SH
47 GILDAN ACTIVEWEAR INC GIL 375916103 $48.8M 0.72% 947,100 SH
48 GRAPHIC PACKAGING HLDG CO GPK 388689101 $47.1M 0.70% 4,453,305 SH
49 WELLS FARGO & CO WFC 949746101 $47.0M 0.70% 569,169 SH
50 RESTAURANT BRANDS INTL INC QSR 76131D103 $46.6M 0.69% 643,271 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-13 $6.77B 112 0001297496-26-000007
2026-03-31 2026-05-12 $6.20B 101 0001297496-26-000005
2025-12-31 2026-02-11 $6.11B 100 0001297496-26-000003
2025-09-30 2025-11-12 $5.82B 98 0001297496-25-000024
2022-12-31 2023-02-10 $5.55B 97 0001297496-23-000006
2022-09-30 2022-11-10 $5.04B 101 0001297496-22-000010
Filer Information
Address
1800, MCGILL COLLEGE, SUITE 2510
MONTREAL, A8 H3A 3J6
Phone
(514) 499-1200
Filing Manager
LETKO, BROSSEAU & ASSOCIATES INC
MONTREAL, A8
Signatory
Isabelle Godin
VP Operations and CFO