Filed: 2/10/2026ACC: 0001426318-26-000001
📋 What this filing means
PCJ INVESTMENT COUNSEL LTD. filed this quarterly 13F‑HR report disclosing 61 equity positions with a total reported market value of $404.23M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
61
Positions
$404.23M
Total AUM (reported)
18.80M
Total Shares
Allocation by class
COM$249.85M61.8%
UNIT LTD L P$41.16M10.2%
ORD$26.37M6.5%
COM NEW$24.15M6.0%
CL A LTD VT SH$15.34M3.8%
CL A SUB VTG SHS$11.39M2.8%
CL A$10.79M2.7%
Portfolio Concentration
Top 3$87.66M21.7%
4–10$95.93M23.7%
11–25$107.85M26.7%
Rest$112.79M27.9%
Top 3 weight
21.7%
Top 10 weight
45.4%
Voting Authority Distribution
Total shares with voting rights: 18.80M
Sole
Full voting authority
18.80M
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)
Sole61
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings61
Rows:
BROOKFIELD BUSINESS PARTNERS
SOLEShares1.16M
TypeSH
Market value$41.16M
10.18%
Sole
1.16M
Shared
0.00
None
0.00
CRH PLC
SOLEShares187.23K
TypeSH
Market value$23.37M
5.78%
Sole
187.23K
Shared
0.00
None
0.00
CAE INC
SOLEShares760.59K
TypeSH
Market value$23.13M
5.72%
Sole
760.59K
Shared
0.00
None
0.00
BOYD GROUP SERVICES INC
SOLEShares115.23K
TypeSH
Market value$18.36M
4.54%
Sole
115.23K
Shared
0.00
None
0.00
BROOKFIELD CORP
SOLEShares334.09K
TypeSH
Market value$15.34M
3.79%
Sole
334.09K
Shared
0.00
None
0.00
ENERFLEX LTD
SOLEShares894.09K
TypeSH
Market value$13.78M
3.41%
Sole
894.09K
Shared
0.00
None
0.00
ROYAL BK CDA
SOLEShares80.85K
TypeSH
Market value$13.78M
3.41%
Sole
80.85K
Shared
0.00
None
0.00
EQUINOX GOLD CORP
SOLEShares881.94K
TypeSH
Market value$12.39M
3.07%
Sole
881.94K
Shared
0.00
None
0.00
SHOPIFY INC
SOLEShares70.71K
TypeSH
Market value$11.39M
2.82%
Sole
70.71K
Shared
0.00
None
0.00
TORONTO DOMINION BK ONT
SOLEShares115.54K
TypeSH
Market value$10.89M
2.69%
Sole
115.54K
Shared
0.00
None
0.00
IAMGOLD CORP
SOLEShares642.05K
TypeSH
Market value$10.60M
2.62%
Sole
642.05K
Shared
0.00
None
0.00
CARVANA CO
SOLEShares21.90K
TypeSH
Market value$9.24M
2.29%
Sole
21.90K
Shared
0.00
None
0.00
RB GLOBAL INC
SOLEShares82.69K
TypeSH
Market value$8.51M
2.11%
Sole
82.69K
Shared
0.00
None
0.00
METHANEX CORP
SOLEShares208.63K
TypeSH
Market value$8.28M
2.05%
Sole
208.63K
Shared
0.00
None
0.00
BAYTEX ENERGY CORP
SOLEShares2.48M
TypeSH
Market value$8.03M
1.99%
Sole
2.48M
Shared
0.00
None
0.00
DENISON MINES CORP
SOLEShares2.92M
TypeSH
Market value$7.74M
1.91%
Sole
2.92M
Shared
0.00
None
0.00
CGI INC
SOLEShares75.93K
TypeSH
Market value$7.01M
1.74%
Sole
75.93K
Shared
0.00
None
0.00
ORLA MNG LTD NEW
SOLEShares517.48K
TypeSH
Market value$6.96M
1.72%
Sole
517.48K
Shared
0.00
None
0.00
CENOVUS ENERGY INC
SOLEShares406.47K
TypeSH
Market value$6.88M
1.70%
Sole
406.47K
Shared
0.00
None
0.00
BROOKFIELD INFRAST PARTNERS
SOLEShares183.78K
TypeSH
Market value$6.39M
1.58%
Sole
183.78K
Shared
0.00
None
0.00
PAN AMERN SILVER CORP
SOLEShares118.92K
TypeSH
Market value$6.17M
1.53%
Sole
118.92K
Shared
0.00
None
0.00
GILDAN ACTIVEWEAR INC
SOLEShares91K
TypeSH
Market value$5.69M
1.41%
Sole
91K
Shared
0.00
None
0.00
BANK NOVA SCOTIA HALIFAX
SOLEShares74.23K
TypeSH
Market value$5.47M
1.35%
Sole
74.23K
Shared
0.00
None
0.00
AGNICO EAGLE MINES LTD
SOLEShares32.17K
TypeSH
Market value$5.46M
1.35%
Sole
32.17K
Shared
0.00
None
0.00
BANK MONTREAL QUE
SOLEShares41.85K
TypeSH
Market value$5.44M
1.34%
Sole
41.85K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
BROOKFIELD BUSINESS PARTNERSSOLE | UNIT LTD L P | 1.16M | SH | $41.16M 10.18% | 1.16M | 0.00 | 0.00 |
CRH PLCSOLE | ORD | 187.23K | SH | $23.37M 5.78% | 187.23K | 0.00 | 0.00 |
CAE INCSOLE | COM | 760.59K | SH | $23.13M 5.72% | 760.59K | 0.00 | 0.00 |
BOYD GROUP SERVICES INCSOLE | COM | 115.23K | SH | $18.36M 4.54% | 115.23K | 0.00 | 0.00 |
BROOKFIELD CORPSOLE | CL A LTD VT SH | 334.09K | SH | $15.34M 3.79% | 334.09K | 0.00 | 0.00 |
ENERFLEX LTDSOLE | COM | 894.09K | SH | $13.78M 3.41% | 894.09K | 0.00 | 0.00 |
ROYAL BK CDASOLE | COM | 80.85K | SH | $13.78M 3.41% | 80.85K | 0.00 | 0.00 |
EQUINOX GOLD CORPSOLE | COM | 881.94K | SH | $12.39M 3.07% | 881.94K | 0.00 | 0.00 |
SHOPIFY INCSOLE | CL A SUB VTG SHS | 70.71K | SH | $11.39M 2.82% | 70.71K | 0.00 | 0.00 |
TORONTO DOMINION BK ONTSOLE | COM NEW | 115.54K | SH | $10.89M 2.69% | 115.54K | 0.00 | 0.00 |
IAMGOLD CORPSOLE | COM | 642.05K | SH | $10.60M 2.62% | 642.05K | 0.00 | 0.00 |
CARVANA COSOLE | CL A | 21.90K | SH | $9.24M 2.29% | 21.90K | 0.00 | 0.00 |
RB GLOBAL INCSOLE | COM | 82.69K | SH | $8.51M 2.11% | 82.69K | 0.00 | 0.00 |
METHANEX CORPSOLE | COM | 208.63K | SH | $8.28M 2.05% | 208.63K | 0.00 | 0.00 |
BAYTEX ENERGY CORPSOLE | COM | 2.48M | SH | $8.03M 1.99% | 2.48M | 0.00 | 0.00 |
DENISON MINES CORPSOLE | COM | 2.92M | SH | $7.74M 1.91% | 2.92M | 0.00 | 0.00 |
CGI INCSOLE | CL A SUB VTG | 75.93K | SH | $7.01M 1.74% | 75.93K | 0.00 | 0.00 |
ORLA MNG LTD NEWSOLE | COM | 517.48K | SH | $6.96M 1.72% | 517.48K | 0.00 | 0.00 |
CENOVUS ENERGY INCSOLE | COM | 406.47K | SH | $6.88M 1.70% | 406.47K | 0.00 | 0.00 |
BROOKFIELD INFRAST PARTNERSSOLE | LP INT UNIT | 183.78K | SH | $6.39M 1.58% | 183.78K | 0.00 | 0.00 |
PAN AMERN SILVER CORPSOLE | COM | 118.92K | SH | $6.17M 1.53% | 118.92K | 0.00 | 0.00 |
GILDAN ACTIVEWEAR INCSOLE | COM | 91K | SH | $5.69M 1.41% | 91K | 0.00 | 0.00 |
BANK NOVA SCOTIA HALIFAXSOLE | COM | 74.23K | SH | $5.47M 1.35% | 74.23K | 0.00 | 0.00 |
AGNICO EAGLE MINES LTDSOLE | COM | 32.17K | SH | $5.46M 1.35% | 32.17K | 0.00 | 0.00 |
BANK MONTREAL QUESOLE | COM | 41.85K | SH | $5.44M 1.34% | 41.85K | 0.00 | 0.00 |
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