Filed: 5/12/2025ACC: 0001426318-25-000003
📋 What this filing means
PCJ INVESTMENT COUNSEL LTD. filed this quarterly 13F‑HR report disclosing 64 equity positions with a total reported market value of $255.72M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
64
Positions
$255.72M
Total AUM (reported)
12.76M
Total Shares
Allocation by class
COM$153.51M60.0%
UNIT LTD L P$30.59M12.0%
ORD$17.03M6.7%
CL A$11.89M4.6%
COM NEW$10.36M4.1%
LP INT UNIT$9.09M3.6%
CL B$5.77M2.3%
Portfolio Concentration
Top 3$63.70M24.9%
4–10$58.61M22.9%
11–25$70.28M27.5%
Rest$63.12M24.7%
Top 3 weight
24.9%
Top 10 weight
47.8%
Voting Authority Distribution
Total shares with voting rights: 12.76M
Sole
Full voting authority
12.76M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole64
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings64
Rows:
BROOKFIELD BUSINESS PARTNERS
SOLEShares1.31M
TypeSH
Market value$30.59M
11.96%
Sole
1.31M
Shared
0.00
None
0.00
CRH PLC
SOLEShares193.64K
TypeSH
Market value$17.03M
6.66%
Sole
193.64K
Shared
0.00
None
0.00
RB GLOBAL INC
SOLEShares160.30K
TypeSH
Market value$16.08M
6.29%
Sole
160.30K
Shared
0.00
None
0.00
ENERFLEX LTD
SOLEShares1.35M
TypeSH
Market value$10.43M
4.08%
Sole
1.35M
Shared
0.00
None
0.00
BROOKFIELD INFRAST PARTNERS
SOLEShares305.43K
TypeSH
Market value$9.09M
3.56%
Sole
305.43K
Shared
0.00
None
0.00
BERRY GLOBAL GROUP INC
SOLEShares119.46K
TypeSH
Market value$8.34M
3.26%
Sole
119.46K
Shared
0.00
None
0.00
CANADIAN NAT RES LTD
SOLEShares268.23K
TypeSH
Market value$8.26M
3.23%
Sole
268.23K
Shared
0.00
None
0.00
CAE INC
SOLEShares334.10K
TypeSH
Market value$8.22M
3.21%
Sole
334.10K
Shared
0.00
None
0.00
ROYAL BK CDA
SOLEShares70.54K
TypeSH
Market value$7.95M
3.11%
Sole
70.54K
Shared
0.00
None
0.00
SHOPIFY INC
SOLEShares66.48K
TypeSH
Market value$6.33M
2.47%
Sole
66.48K
Shared
0.00
None
0.00
MAG SILVER CORP
SOLEShares391.93K
TypeSH
Market value$5.96M
2.33%
Sole
391.93K
Shared
0.00
None
0.00
TORONTO DOMINION BK ONT
SOLEShares99.42K
TypeSH
Market value$5.96M
2.33%
Sole
99.42K
Shared
0.00
None
0.00
BANK MONTREAL QUE
SOLEShares56.87K
TypeSH
Market value$5.43M
2.12%
Sole
56.87K
Shared
0.00
None
0.00
KINROSS GOLD CORP
SOLEShares420.23K
TypeSH
Market value$5.30M
2.07%
Sole
420.23K
Shared
0.00
None
0.00
AERCAP HOLDINGS NV
SOLEShares51.36K
TypeSH
Market value$5.25M
2.05%
Sole
51.36K
Shared
0.00
None
0.00
ROGERS COMMUNICATIONS INC
SOLEShares187.15K
TypeSH
Market value$5.00M
1.96%
Sole
187.15K
Shared
0.00
None
0.00
NEW GOLD INC CDA
SOLEShares1.33M
TypeSH
Market value$4.94M
1.93%
Sole
1.33M
Shared
0.00
None
0.00
BROOKFIELD CORP
SOLEShares93.23K
TypeSH
Market value$4.88M
1.91%
Sole
93.23K
Shared
0.00
None
0.00
ENBRIDGE INC
SOLEShares103.37K
TypeSH
Market value$4.58M
1.79%
Sole
103.37K
Shared
0.00
None
0.00
OSISKO GOLD ROYALTIES LTD
SOLEShares201.22K
TypeSH
Market value$4.25M
1.66%
Sole
201.22K
Shared
0.00
None
0.00
MANULIFE FINL CORP
SOLEShares131.95K
TypeSH
Market value$4.11M
1.61%
Sole
131.95K
Shared
0.00
None
0.00
AGNICO EAGLE MINES LTD
SOLEShares34.45K
TypeSH
Market value$3.73M
1.46%
Sole
34.45K
Shared
0.00
None
0.00
CARVANA CO
SOLEShares17.48K
TypeSH
Market value$3.65M
1.43%
Sole
17.48K
Shared
0.00
None
0.00
IAMGOLD CORP
SOLEShares584.14K
TypeSH
Market value$3.65M
1.43%
Sole
584.14K
Shared
0.00
None
0.00
DESCARTES SYS GROUP INC
SOLEShares35.71K
TypeSH
Market value$3.60M
1.41%
Sole
35.71K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
BROOKFIELD BUSINESS PARTNERSSOLE | UNIT LTD L P | 1.31M | SH | $30.59M 11.96% | 1.31M | 0.00 | 0.00 |
CRH PLCSOLE | ORD | 193.64K | SH | $17.03M 6.66% | 193.64K | 0.00 | 0.00 |
RB GLOBAL INCSOLE | COM | 160.30K | SH | $16.08M 6.29% | 160.30K | 0.00 | 0.00 |
ENERFLEX LTDSOLE | COM | 1.35M | SH | $10.43M 4.08% | 1.35M | 0.00 | 0.00 |
BROOKFIELD INFRAST PARTNERSSOLE | LP INT UNIT | 305.43K | SH | $9.09M 3.56% | 305.43K | 0.00 | 0.00 |
BERRY GLOBAL GROUP INCSOLE | COM | 119.46K | SH | $8.34M 3.26% | 119.46K | 0.00 | 0.00 |
CANADIAN NAT RES LTDSOLE | COM | 268.23K | SH | $8.26M 3.23% | 268.23K | 0.00 | 0.00 |
CAE INCSOLE | COM | 334.10K | SH | $8.22M 3.21% | 334.10K | 0.00 | 0.00 |
ROYAL BK CDASOLE | COM | 70.54K | SH | $7.95M 3.11% | 70.54K | 0.00 | 0.00 |
SHOPIFY INCSOLE | CL A | 66.48K | SH | $6.33M 2.47% | 66.48K | 0.00 | 0.00 |
MAG SILVER CORPSOLE | COM | 391.93K | SH | $5.96M 2.33% | 391.93K | 0.00 | 0.00 |
TORONTO DOMINION BK ONTSOLE | COM NEW | 99.42K | SH | $5.96M 2.33% | 99.42K | 0.00 | 0.00 |
BANK MONTREAL QUESOLE | COM | 56.87K | SH | $5.43M 2.12% | 56.87K | 0.00 | 0.00 |
KINROSS GOLD CORPSOLE | COM | 420.23K | SH | $5.30M 2.07% | 420.23K | 0.00 | 0.00 |
AERCAP HOLDINGS NVSOLE | SHS | 51.36K | SH | $5.25M 2.05% | 51.36K | 0.00 | 0.00 |
ROGERS COMMUNICATIONS INCSOLE | CL B | 187.15K | SH | $5.00M 1.96% | 187.15K | 0.00 | 0.00 |
NEW GOLD INC CDASOLE | COM | 1.33M | SH | $4.94M 1.93% | 1.33M | 0.00 | 0.00 |
BROOKFIELD CORPSOLE | CL A LTD VT SH | 93.23K | SH | $4.88M 1.91% | 93.23K | 0.00 | 0.00 |
ENBRIDGE INCSOLE | COM | 103.37K | SH | $4.58M 1.79% | 103.37K | 0.00 | 0.00 |
OSISKO GOLD ROYALTIES LTDSOLE | COM | 201.22K | SH | $4.25M 1.66% | 201.22K | 0.00 | 0.00 |
MANULIFE FINL CORPSOLE | COM | 131.95K | SH | $4.11M 1.61% | 131.95K | 0.00 | 0.00 |
AGNICO EAGLE MINES LTDSOLE | COM | 34.45K | SH | $3.73M 1.46% | 34.45K | 0.00 | 0.00 |
CARVANA COSOLE | CL A | 17.48K | SH | $3.65M 1.43% | 17.48K | 0.00 | 0.00 |
IAMGOLD CORPSOLE | COM | 584.14K | SH | $3.65M 1.43% | 584.14K | 0.00 | 0.00 |
DESCARTES SYS GROUP INCSOLE | COM | 35.71K | SH | $3.60M 1.41% | 35.71K | 0.00 | 0.00 |
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