Filed: 5/11/2023ACC: 0001297496-23-000009
📋 What this filing means
LETKO, BROSSEAU & ASSOCIATES INC filed this quarterly 13F‑HR report disclosing 89 equity positions with a total reported market value of $5.35B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
89
Positions
$5.35B
Total AUM (reported)
170.25M
Total Shares
Allocation by class
COM$3.60B67.3%
COM NEW$500.84M9.4%
CL B$359.77M6.7%
CL A$223.32M4.2%
SUB VTG SHS$157.43M2.9%
SPONSORED ADR$98.70M1.8%
CAP STK CL C$98.00M1.8%
Portfolio Concentration
Top 3$642.21M12.0%
4–10$1.18B22.0%
11–25$1.54B28.9%
Rest$1.99B37.1%
Top 3 weight
12.0%
Top 10 weight
34.0%
Voting Authority Distribution
Total shares with voting rights: 170.25M
Sole
Full voting authority
137.53M
shares
% of voting shares80.8%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
32.72M
shares
% of voting shares19.2%
Investment Discretion (by position count)
Sole89
Shared0
Other0
Dominant voting typeSole · 80.8% of voting shares
Institutional Holdings89
Rows:
MANULIFE FINL CORP
SOLEShares12.92M
TypeSH
Market value$236.77M
4.43%
Sole
9.35M
Shared
0.00
None
3.57M
BANK NOVA SCOTIA HALIFAX
SOLEShares4.21M
TypeSH
Market value$211.51M
3.95%
Sole
2.96M
Shared
0.00
None
1.24M
ROYAL BK CDA SUSTAINABL
SOLEShares2.03M
TypeSH
Market value$193.93M
3.63%
Sole
1.45M
Shared
0.00
None
580.49K
TORONTO DOMINION BK ONT
SOLEShares3.13M
TypeSH
Market value$187.11M
3.50%
Sole
2.18M
Shared
0.00
None
952K
ROGERS COMMUNICATIONS INC
SOLEShares3.95M
TypeSH
Market value$182.92M
3.42%
Sole
2.77M
Shared
0.00
None
1.19M
BANK MONTREAL QUE
SOLEShares2.01M
TypeSH
Market value$178.42M
3.34%
Sole
1.46M
Shared
0.00
None
545.70K
NUTRIEN LTD
SOLEShares2.14M
TypeSH
Market value$158.00M
2.95%
Sole
1.54M
Shared
0.00
None
601.98K
CELESTICA INC
SOLEShares12.22M
TypeSH
Market value$157.43M
2.94%
Sole
9.10M
Shared
0.00
None
3.12M
BCE INC
SOLEShares3.52M
TypeSH
Market value$157.41M
2.94%
Sole
2.45M
Shared
0.00
None
1.07M
MAGNA INTL INC
SOLEShares2.91M
TypeSH
Market value$155.87M
2.91%
Sole
2.10M
Shared
0.00
None
818.34K
TELUS CORPORATION
SOLEShares7.23M
TypeSH
Market value$143.26M
2.68%
Sole
4.98M
Shared
0.00
None
2.24M
SUN LIFE FINANCIAL INC.
SOLEShares3.02M
TypeSH
Market value$141.10M
2.64%
Sole
2.09M
Shared
0.00
None
938.98K
TECK RESOURCES LTD
SOLEShares3.65M
TypeSH
Market value$133.11M
2.49%
Sole
2.66M
Shared
0.00
None
994.17K
SUNCOR ENERGY INC NEW
SOLEShares4.23M
TypeSH
Market value$131.25M
2.45%
Sole
3.27M
Shared
0.00
None
967.92K
CENOVUS ENERGY INC
SOLEShares6.04M
TypeSH
Market value$105.19M
1.97%
Sole
4.74M
Shared
0.00
None
1.29M
OPEN TEXT CORP
SOLEShares2.72M
TypeSH
Market value$104.75M
1.96%
Sole
2M
Shared
0.00
None
721.90K
CANADIAN IMPERIAL BK COMM TO
SOLEShares2.33M
TypeSH
Market value$98.57M
1.84%
Sole
1.69M
Shared
0.00
None
634.91K
ALPHABET INC
SOLEShares942.35K
TypeSH
Market value$98.00M
1.83%
Sole
832.34K
Shared
0.00
None
110K
CANADIAN NAT RES LTD
SOLEShares1.74M
TypeSH
Market value$96.01M
1.79%
Sole
1.34M
Shared
0.00
None
396.95K
HUDBAY MINERALS INC
SOLEShares16.97M
TypeSH
Market value$88.89M
1.66%
Sole
12.38M
Shared
0.00
None
4.59M
META PLATFORMS INC
SOLEShares406.98K
TypeSH
Market value$86.26M
1.61%
Sole
358.99K
Shared
0.00
None
47.99K
AT&T INC
SOLEShares4.27M
TypeSH
Market value$82.11M
1.54%
Sole
4.01M
Shared
0.00
None
260.20K
GILEAD SCIENCES INC
SOLEShares983.44K
TypeSH
Market value$81.60M
1.53%
Sole
872.87K
Shared
0.00
None
110.58K
WEST FRASER TIMBER CO LTD
SOLEShares1.12M
TypeSH
Market value$79.89M
1.49%
Sole
818.04K
Shared
0.00
None
303.55K
CAE INC
SOLEShares3.29M
TypeSH
Market value$74.22M
1.39%
Sole
2.40M
Shared
0.00
None
891.40K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MANULIFE FINL CORPSOLE | COM | 12.92M | SH | $236.77M 4.43% | 9.35M | 0.00 | 3.57M |
BANK NOVA SCOTIA HALIFAXSOLE | COM | 4.21M | SH | $211.51M 3.95% | 2.96M | 0.00 | 1.24M |
ROYAL BK CDA SUSTAINABLSOLE | COM | 2.03M | SH | $193.93M 3.63% | 1.45M | 0.00 | 580.49K |
TORONTO DOMINION BK ONTSOLE | COM NEW | 3.13M | SH | $187.11M 3.50% | 2.18M | 0.00 | 952K |
ROGERS COMMUNICATIONS INCSOLE | CL B | 3.95M | SH | $182.92M 3.42% | 2.77M | 0.00 | 1.19M |
BANK MONTREAL QUESOLE | COM | 2.01M | SH | $178.42M 3.34% | 1.46M | 0.00 | 545.70K |
NUTRIEN LTDSOLE | COM | 2.14M | SH | $158.00M 2.95% | 1.54M | 0.00 | 601.98K |
CELESTICA INCSOLE | SUB VTG SHS | 12.22M | SH | $157.43M 2.94% | 9.10M | 0.00 | 3.12M |
BCE INCSOLE | COM NEW | 3.52M | SH | $157.41M 2.94% | 2.45M | 0.00 | 1.07M |
MAGNA INTL INCSOLE | COM | 2.91M | SH | $155.87M 2.91% | 2.10M | 0.00 | 818.34K |
TELUS CORPORATIONSOLE | COM | 7.23M | SH | $143.26M 2.68% | 4.98M | 0.00 | 2.24M |
SUN LIFE FINANCIAL INC.SOLE | COM | 3.02M | SH | $141.10M 2.64% | 2.09M | 0.00 | 938.98K |
TECK RESOURCES LTDSOLE | CL B | 3.65M | SH | $133.11M 2.49% | 2.66M | 0.00 | 994.17K |
SUNCOR ENERGY INC NEWSOLE | COM | 4.23M | SH | $131.25M 2.45% | 3.27M | 0.00 | 967.92K |
CENOVUS ENERGY INCSOLE | COM | 6.04M | SH | $105.19M 1.97% | 4.74M | 0.00 | 1.29M |
OPEN TEXT CORPSOLE | COM | 2.72M | SH | $104.75M 1.96% | 2M | 0.00 | 721.90K |
CANADIAN IMPERIAL BK COMM TOSOLE | COM | 2.33M | SH | $98.57M 1.84% | 1.69M | 0.00 | 634.91K |
ALPHABET INCSOLE | CAP STK CL C | 942.35K | SH | $98.00M 1.83% | 832.34K | 0.00 | 110K |
CANADIAN NAT RES LTDSOLE | COM | 1.74M | SH | $96.01M 1.79% | 1.34M | 0.00 | 396.95K |
HUDBAY MINERALS INCSOLE | COM | 16.97M | SH | $88.89M 1.66% | 12.38M | 0.00 | 4.59M |
META PLATFORMS INCSOLE | CL A | 406.98K | SH | $86.26M 1.61% | 358.99K | 0.00 | 47.99K |
AT&T INCSOLE | COM | 4.27M | SH | $82.11M 1.54% | 4.01M | 0.00 | 260.20K |
GILEAD SCIENCES INCSOLE | COM | 983.44K | SH | $81.60M 1.53% | 872.87K | 0.00 | 110.58K |
WEST FRASER TIMBER CO LTDSOLE | COM | 1.12M | SH | $79.89M 1.49% | 818.04K | 0.00 | 303.55K |
CAE INCSOLE | COM | 3.29M | SH | $74.22M 1.39% | 2.40M | 0.00 | 891.40K |
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