Filed: 11/12/2025ACC: 0001297496-25-000024
📋 What this filing means
LETKO, BROSSEAU & ASSOCIATES INC filed this quarterly 13F‑HR report disclosing 98 equity positions with a total reported market value of $5.82B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
98
Positions
$5.82B
Total AUM (reported)
138.06M
Total Shares
Allocation by class
COM$4.01B68.9%
COM NEW$495.37M8.5%
CL B$322.18M5.5%
CL A$249.24M4.3%
CAP STK CL C$208.87M3.6%
COM SHS$160.98M2.8%
SPONSORED ADR$129.57M2.2%
Portfolio Concentration
Top 3$731.24M12.6%
4–10$1.45B25.0%
11–25$1.75B30.1%
Rest$1.88B32.4%
Top 3 weight
12.6%
Top 10 weight
37.5%
Voting Authority Distribution
Total shares with voting rights: 138.06M
Sole
Full voting authority
105.73M
shares
% of voting shares76.6%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
32.33M
shares
% of voting shares23.4%
Investment Discretion (by position count)
Sole98
Shared0
Other0
Dominant voting typeSole · 76.6% of voting shares
Institutional Holdings98
Rows:
BANK NOVA SCOTIA HALIFAX
SOLEShares3.98M
TypeSH
Market value$257.41M
4.42%
Sole
2.63M
Shared
0.00
None
1.35M
TORONTO DOMINION BK ONT
SOLEShares3.03M
TypeSH
Market value$242.49M
4.16%
Sole
1.90M
Shared
0.00
None
1.13M
BANK MONTREAL QUE
SOLEShares1.77M
TypeSH
Market value$231.33M
3.97%
Sole
1.16M
Shared
0.00
None
611.16K
ROGERS COMMUNICATIONS INC
SOLEShares6.69M
TypeSH
Market value$230.39M
3.96%
Sole
4.28M
Shared
0.00
None
2.41M
ROYAL BK CDA
SOLEShares1.50M
TypeSH
Market value$221.31M
3.80%
Sole
959.16K
Shared
0.00
None
542.02K
OPEN TEXT CORP
SOLEShares5.65M
TypeSH
Market value$211.36M
3.63%
Sole
3.53M
Shared
0.00
None
2.12M
ALPHABET INC
SOLEShares857.62K
TypeSH
Market value$208.87M
3.59%
Sole
802.40K
Shared
0.00
None
55.22K
MAGNA INTL INC
SOLEShares4.12M
TypeSH
Market value$195.44M
3.36%
Sole
2.45M
Shared
0.00
None
1.67M
MANULIFE FINL CORP
SOLEShares6.21M
TypeSH
Market value$193.66M
3.33%
Sole
4.04M
Shared
0.00
None
2.18M
SUN LIFE FINANCIAL INC.
SOLEShares3.20M
TypeSH
Market value$191.90M
3.30%
Sole
2.02M
Shared
0.00
None
1.17M
NUTRIEN LTD
SOLEShares2.92M
TypeSH
Market value$171.23M
2.94%
Sole
1.82M
Shared
0.00
None
1.10M
BCE INC
SOLEShares7.05M
TypeSH
Market value$164.67M
2.83%
Sole
4.27M
Shared
0.00
None
2.77M
BARRICK MNG CORP
SOLEShares4.90M
TypeSH
Market value$160.98M
2.76%
Sole
3.13M
Shared
0.00
None
1.77M
CANADIAN IMPERIAL BANK OF CO
SOLEShares1.89M
TypeSH
Market value$151.19M
2.60%
Sole
1.18M
Shared
0.00
None
711.11K
META PLATFORMS INC
SOLEShares198.60K
TypeSH
Market value$145.84M
2.50%
Sole
186.10K
Shared
0.00
None
12.50K
AT&T INC
SOLEShares4.10M
TypeSH
Market value$115.88M
1.99%
Sole
3.96M
Shared
0.00
None
140.30K
TELUS CORPORATION
SOLEShares6.63M
TypeSH
Market value$104.40M
1.79%
Sole
4.23M
Shared
0.00
None
2.40M
PFIZER INC
SOLEShares4.04M
TypeSH
Market value$102.90M
1.77%
Sole
3.77M
Shared
0.00
None
264.73K
CENOVUS ENERGY INC
SOLEShares6.01M
TypeSH
Market value$101.99M
1.75%
Sole
4.04M
Shared
0.00
None
1.96M
INTEL CORP
SOLEShares3.02M
TypeSH
Market value$101.46M
1.74%
Sole
2.92M
Shared
0.00
None
99.78K
CAE INC
SOLEShares3.25M
TypeSH
Market value$96.29M
1.65%
Sole
2.12M
Shared
0.00
None
1.13M
SUNCOR ENERGY INC NEW
SOLEShares2.07M
TypeSH
Market value$86.53M
1.49%
Sole
1.40M
Shared
0.00
None
665.06K
CVS HEALTH CORP
SOLEShares1.12M
TypeSH
Market value$84.10M
1.44%
Sole
1.08M
Shared
0.00
None
31.98K
CITIGROUP INC
SOLEShares821.50K
TypeSH
Market value$83.38M
1.43%
Sole
796.57K
Shared
0.00
None
24.93K
ADOBE INC
SOLEShares236.11K
TypeSH
Market value$83.29M
1.43%
Sole
219.54K
Shared
0.00
None
16.57K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
BANK NOVA SCOTIA HALIFAXSOLE | COM | 3.98M | SH | $257.41M 4.42% | 2.63M | 0.00 | 1.35M |
TORONTO DOMINION BK ONTSOLE | COM NEW | 3.03M | SH | $242.49M 4.16% | 1.90M | 0.00 | 1.13M |
BANK MONTREAL QUESOLE | COM | 1.77M | SH | $231.33M 3.97% | 1.16M | 0.00 | 611.16K |
ROGERS COMMUNICATIONS INCSOLE | CL B | 6.69M | SH | $230.39M 3.96% | 4.28M | 0.00 | 2.41M |
ROYAL BK CDASOLE | COM | 1.50M | SH | $221.31M 3.80% | 959.16K | 0.00 | 542.02K |
OPEN TEXT CORPSOLE | COM | 5.65M | SH | $211.36M 3.63% | 3.53M | 0.00 | 2.12M |
ALPHABET INCSOLE | CAP STK CL C | 857.62K | SH | $208.87M 3.59% | 802.40K | 0.00 | 55.22K |
MAGNA INTL INCSOLE | COM | 4.12M | SH | $195.44M 3.36% | 2.45M | 0.00 | 1.67M |
MANULIFE FINL CORPSOLE | COM | 6.21M | SH | $193.66M 3.33% | 4.04M | 0.00 | 2.18M |
SUN LIFE FINANCIAL INC.SOLE | COM | 3.20M | SH | $191.90M 3.30% | 2.02M | 0.00 | 1.17M |
NUTRIEN LTDSOLE | COM | 2.92M | SH | $171.23M 2.94% | 1.82M | 0.00 | 1.10M |
BCE INCSOLE | COM NEW | 7.05M | SH | $164.67M 2.83% | 4.27M | 0.00 | 2.77M |
BARRICK MNG CORPSOLE | COM SHS | 4.90M | SH | $160.98M 2.76% | 3.13M | 0.00 | 1.77M |
CANADIAN IMPERIAL BANK OF COSOLE | COM | 1.89M | SH | $151.19M 2.60% | 1.18M | 0.00 | 711.11K |
META PLATFORMS INCSOLE | CL A | 198.60K | SH | $145.84M 2.50% | 186.10K | 0.00 | 12.50K |
AT&T INCSOLE | COM | 4.10M | SH | $115.88M 1.99% | 3.96M | 0.00 | 140.30K |
TELUS CORPORATIONSOLE | COM | 6.63M | SH | $104.40M 1.79% | 4.23M | 0.00 | 2.40M |
PFIZER INCSOLE | COM | 4.04M | SH | $102.90M 1.77% | 3.77M | 0.00 | 264.73K |
CENOVUS ENERGY INCSOLE | COM | 6.01M | SH | $101.99M 1.75% | 4.04M | 0.00 | 1.96M |
INTEL CORPSOLE | COM | 3.02M | SH | $101.46M 1.74% | 2.92M | 0.00 | 99.78K |
CAE INCSOLE | COM | 3.25M | SH | $96.29M 1.65% | 2.12M | 0.00 | 1.13M |
SUNCOR ENERGY INC NEWSOLE | COM | 2.07M | SH | $86.53M 1.49% | 1.40M | 0.00 | 665.06K |
CVS HEALTH CORPSOLE | COM | 1.12M | SH | $84.10M 1.44% | 1.08M | 0.00 | 31.98K |
CITIGROUP INCSOLE | COM NEW | 821.50K | SH | $83.38M 1.43% | 796.57K | 0.00 | 24.93K |
ADOBE INCSOLE | COM | 236.11K | SH | $83.29M 1.43% | 219.54K | 0.00 | 16.57K |
Page 1 of 4