Scheer, Rowlett & Associates Investment Management Ltd. — 13F Holdings & Portfolio
CIK 1426327 · latest 13F-HR filed 2026-08-13
Scheer, Rowlett & Associates Investment Management Ltd. manages $1.39B in 13F-reported U.S. long-equity assets across 30 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are RY (14.83%), TD (11.44%), CNI (6.24%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 2 new positions, exited 5, added to 10, and trimmed 11.
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.
SUITE 1400
TORONTO, A6 M5X 1C8
$1.39B
Long-equity book
30
Distinct positions
2026-06-30
Filed 2026-08-13
+2 / −5 / ↑10 / ↓11
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- ROYAL BK CDA$38.0M +22.6%
- TORONTO DOMINION BK ONT$31.6M +24.7%
- AGNICO EAGLE MINES LTD$30.6M +1752.4%
- CANADIAN NATL RY CO$11.3M +14.9%
- GILDAN ACTIVEWEAR INC$9.5M +66.3%
Top Trims
- ALAMOS GOLD INC-$28.2M -83.9%
- SUNCOR ENERGY INC NEW-$20.4M -22.9%
- CENOVUS ENERGY INC-$14.9M -18.3%
- CANADIAN NAT RES LTD MED TER-$11.7M -31.6%
- BARRICK MNG CORP-$8.9M -10.6%
Exited Positions
- TECK RESOURCES LTD$14.3M
- MAGNA INTL INC$10.4M
- METHANEX CORP$9.7M
- THOMSON REUTERS CORP$8.6M
- OPEN TEXT CORP$5.7M
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 | ROYAL BK CDA | RY | 780087102 | $206.3M | 14.83% | 997,064 | SH |
| 2 | TORONTO DOMINION BK ONT | TD | 891160509 | $159.2M | 11.44% | 1,310,657 | SH |
| 3 | CANADIAN NATL RY CO | CNI | 136375102 | $86.8M | 6.24% | 727,812 | SH |
| 4 | BROOKFIELD CORP | BN | 11271J107 | $82.8M | 5.95% | 1,942,657 | SH |
| 5 | BANK MONTREAL MEDIUM | BMO | 063671101 | $78.9M | 5.67% | 447,594 | SH |
| 6 | BARRICK MNG CORP | B | 06849F108 | $74.8M | 5.37% | 2,035,333 | SH |
| 7 | SUNCOR ENERGY INC NEW | SU | 867224107 | $68.8M | 4.94% | 1,279,194 | SH |
| 8 | CENOVUS ENERGY INC | CVE | 15135U109 | $66.8M | 4.80% | 2,680,018 | SH |
| 9 | MANULIFE FINL CORP | MFC | 56501R106 | $44.3M | 3.18% | 1,093,093 | SH |
| 10 | TELUS CORPORATION | TU | 87971M103 | $42.8M | 3.07% | 3,993,829 | SH |
| 11 | TC ENERGY CORP | TRP | 87807B107 | $42.4M | 3.05% | 641,071 | SH |
| 12 | CANADIAN PACIFIC KANSAS CITY | CP | 13646K108 | $36.4M | 2.62% | 420,738 | SH |
| 13 | FRANCO NEV CORP | FNV | 351858105 | $35.8M | 2.57% | 171,766 | SH |
| 14 | ATS CORPORATION | ATS | 00217Y104 | $33.8M | 2.43% | 1,175,268 | SH |
| 15 | ROGERS COMMUNICATIONS INC | RCI | 775109200 | $33.6M | 2.41% | 1,033,603 | SH |
| 16 | ENBRIDGE INC | ENB | 29250N105 | $33.3M | 2.39% | 613,996 | SH |
| 17 | AGNICO EAGLE MINES LTD | AEM | 008474108 | $32.3M | 2.32% | 208,743 | SH |
| 18 | TFI INTERNATIONAL INC | TFII | 87241L109 | $30.0M | 2.15% | 208,421 | SH |
| 19 | OR ROYALTIES INC. | OR | 68390D106 | $26.3M | 1.89% | 832,658 | SH |
| 20 | RESTAURANT BRANDS INTL INC | QSR | 76131D103 | $25.8M | 1.85% | 355,630 | SH |
| 21 | CANADIAN NAT RES LTD MED TER | CNQ | 136385101 | $25.4M | 1.83% | 643,233 | SH |
| 22 | CGI INC | GIB | 12532H104 | $24.4M | 1.76% | 378,430 | SH |
| 23 | GILDAN ACTIVEWEAR INC | GIL | 375916103 | $23.9M | 1.72% | 464,399 | SH |
| 24 | NUTRIEN LTD | NTR | 67077M108 | $20.6M | 1.48% | 328,425 | SH |
| 25 | ALGOMA STL GROUP INC | ASTL | 015658107 | $15.7M | 1.13% | 3,846,390 | SH |
| 26 | DESCARTES SYS GROUP INC | DSGX | 249906108 | $15.1M | 1.09% | 218,527 | SH |
| 27 | CAE INC | CAE | 124765108 | $10.3M | 0.74% | 410,130 | SH |
| 28 | THOMSON REUTERS CORP | TRI | 884903881 | $9.2M | 0.66% | 112,198 | SH |
| 29 | ALAMOS GOLD INC | AGI | 011532108 | $5.4M | 0.39% | 179,580 | SH |
| 30 | CNH INDL N V | CNH | N20944109 | $142.4K | 0.01% | 12,680 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-13 | $1.39B | 30 | 0001426327-26-000004 |
| 2026-03-31 | 2026-05-11 | $1.39B | 33 | 0001426327-26-000003 |
| 2025-12-31 | 2026-02-10 | $1.46B | 32 | 0001426327-26-000001 |
| 2025-09-30 | 2025-11-13 | $1.68B | 32 | 0001426327-25-000012 |