Filed: 2/7/2025ACC: 0001426327-25-000004
📋 What this filing means
PCJ INVESTMENT COUNSEL LTD. filed this quarterly 13F‑HR report disclosing 69 equity positions with a total reported market value of $296.18M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
69
Positions
$296.18M
Total AUM (reported)
10.75M
Total Shares
Allocation by class
COM$157.35M53.1%
UNIT LTD L P$38.04M12.8%
ORD$23.35M7.9%
LP INT UNIT$18.56M6.3%
CL A LTD VT SH$15.91M5.4%
CL A$13.63M4.6%
SUB VTG SHS$10.20M3.4%
Portfolio Concentration
Top 3$79.95M27.0%
4–10$71.76M24.2%
11–25$65.67M22.2%
Rest$78.79M26.6%
Top 3 weight
27.0%
Top 10 weight
51.2%
Voting Authority Distribution
Total shares with voting rights: 10.75M
Sole
Full voting authority
10.75M
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)
Sole69
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings69
Rows:
BROOKFIELD BUSINESS PARTNERS
SOLEShares1.62M
TypeSH
Market value$38.04M
12.84%
Sole
1.62M
Shared
0.00
None
0.00
CRH PLC
SOLEShares252.37K
TypeSH
Market value$23.35M
7.88%
Sole
252.37K
Shared
0.00
None
0.00
BROOKFIELD INFRAST PARTNERS
SOLEShares584.22K
TypeSH
Market value$18.56M
6.27%
Sole
584.22K
Shared
0.00
None
0.00
BROOKFIELD CORP
SOLEShares277.12K
TypeSH
Market value$15.91M
5.37%
Sole
277.12K
Shared
0.00
None
0.00
RB GLOBAL INC
SOLEShares143.54K
TypeSH
Market value$12.95M
4.37%
Sole
143.54K
Shared
0.00
None
0.00
ENERFLEX LTD
SOLEShares967.61K
TypeSH
Market value$9.62M
3.25%
Sole
967.61K
Shared
0.00
None
0.00
ROYAL BK CDA
SOLEShares77.18K
TypeSH
Market value$9.29M
3.14%
Sole
77.18K
Shared
0.00
None
0.00
ENBRIDGE INC
SOLEShares216.63K
TypeSH
Market value$9.18M
3.10%
Sole
216.63K
Shared
0.00
None
0.00
UNITED RENTALS INC
SOLEShares11.09K
TypeSH
Market value$7.81M
2.64%
Sole
11.09K
Shared
0.00
None
0.00
COLLIERS INTL GROUP INC
SOLEShares51.54K
TypeSH
Market value$7.00M
2.36%
Sole
51.54K
Shared
0.00
None
0.00
SHOPIFY INC
SOLEShares65.73K
TypeSH
Market value$6.99M
2.36%
Sole
65.73K
Shared
0.00
None
0.00
SUNCOR ENERGY INC NEW
SOLEShares186.91K
TypeSH
Market value$6.66M
2.25%
Sole
186.91K
Shared
0.00
None
0.00
CARVANA CO
SOLEShares32.65K
TypeSH
Market value$6.64M
2.24%
Sole
32.65K
Shared
0.00
None
0.00
MANULIFE FINL CORP
SOLEShares145.68K
TypeSH
Market value$4.47M
1.51%
Sole
145.68K
Shared
0.00
None
0.00
PARKER-HANNIFIN CORP
SOLEShares7K
TypeSH
Market value$4.45M
1.50%
Sole
7K
Shared
0.00
None
0.00
BANK MONTREAL QUE
SOLEShares44.04K
TypeSH
Market value$4.27M
1.44%
Sole
44.04K
Shared
0.00
None
0.00
TRANSALTA CORP
SOLEShares294.50K
TypeSH
Market value$4.16M
1.40%
Sole
294.50K
Shared
0.00
None
0.00
MAG SILVER CORP
SOLEShares279.98K
TypeSH
Market value$3.80M
1.28%
Sole
279.98K
Shared
0.00
None
0.00
BERRY GLOBAL GROUP INC
SOLEShares58K
TypeSH
Market value$3.75M
1.27%
Sole
58K
Shared
0.00
None
0.00
CANADIAN NAT RES LTD
SOLEShares118.73K
TypeSH
Market value$3.66M
1.24%
Sole
118.73K
Shared
0.00
None
0.00
XPO INC
SOLEShares27.74K
TypeSH
Market value$3.64M
1.23%
Sole
27.74K
Shared
0.00
None
0.00
BANK NOVA SCOTIA HALIFAX
SOLEShares64.10K
TypeSH
Market value$3.44M
1.16%
Sole
64.10K
Shared
0.00
None
0.00
BANK AMERICA CORP
SOLEShares75K
TypeSH
Market value$3.30M
1.11%
Sole
75K
Shared
0.00
None
0.00
DESCARTES SYS GROUP INC
SOLEShares28.57K
TypeSH
Market value$3.24M
1.10%
Sole
28.57K
Shared
0.00
None
0.00
CANADIAN NATL RY CO
SOLEShares31.58K
TypeSH
Market value$3.20M
1.08%
Sole
31.58K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
BROOKFIELD BUSINESS PARTNERSSOLE | UNIT LTD L P | 1.62M | SH | $38.04M 12.84% | 1.62M | 0.00 | 0.00 |
CRH PLCSOLE | ORD | 252.37K | SH | $23.35M 7.88% | 252.37K | 0.00 | 0.00 |
BROOKFIELD INFRAST PARTNERSSOLE | LP INT UNIT | 584.22K | SH | $18.56M 6.27% | 584.22K | 0.00 | 0.00 |
BROOKFIELD CORPSOLE | CL A LTD VT SH | 277.12K | SH | $15.91M 5.37% | 277.12K | 0.00 | 0.00 |
RB GLOBAL INCSOLE | COM | 143.54K | SH | $12.95M 4.37% | 143.54K | 0.00 | 0.00 |
ENERFLEX LTDSOLE | COM | 967.61K | SH | $9.62M 3.25% | 967.61K | 0.00 | 0.00 |
ROYAL BK CDASOLE | COM | 77.18K | SH | $9.29M 3.14% | 77.18K | 0.00 | 0.00 |
ENBRIDGE INCSOLE | COM | 216.63K | SH | $9.18M 3.10% | 216.63K | 0.00 | 0.00 |
UNITED RENTALS INCSOLE | COM | 11.09K | SH | $7.81M 2.64% | 11.09K | 0.00 | 0.00 |
COLLIERS INTL GROUP INCSOLE | SUB VTG SHS | 51.54K | SH | $7.00M 2.36% | 51.54K | 0.00 | 0.00 |
SHOPIFY INCSOLE | CL A | 65.73K | SH | $6.99M 2.36% | 65.73K | 0.00 | 0.00 |
SUNCOR ENERGY INC NEWSOLE | COM | 186.91K | SH | $6.66M 2.25% | 186.91K | 0.00 | 0.00 |
CARVANA COSOLE | CL A | 32.65K | SH | $6.64M 2.24% | 32.65K | 0.00 | 0.00 |
MANULIFE FINL CORPSOLE | COM | 145.68K | SH | $4.47M 1.51% | 145.68K | 0.00 | 0.00 |
PARKER-HANNIFIN CORPSOLE | COM | 7K | SH | $4.45M 1.50% | 7K | 0.00 | 0.00 |
BANK MONTREAL QUESOLE | COM | 44.04K | SH | $4.27M 1.44% | 44.04K | 0.00 | 0.00 |
TRANSALTA CORPSOLE | COM | 294.50K | SH | $4.16M 1.40% | 294.50K | 0.00 | 0.00 |
MAG SILVER CORPSOLE | COM | 279.98K | SH | $3.80M 1.28% | 279.98K | 0.00 | 0.00 |
BERRY GLOBAL GROUP INCSOLE | COM | 58K | SH | $3.75M 1.27% | 58K | 0.00 | 0.00 |
CANADIAN NAT RES LTDSOLE | COM | 118.73K | SH | $3.66M 1.24% | 118.73K | 0.00 | 0.00 |
XPO INCSOLE | COM | 27.74K | SH | $3.64M 1.23% | 27.74K | 0.00 | 0.00 |
BANK NOVA SCOTIA HALIFAXSOLE | COM | 64.10K | SH | $3.44M 1.16% | 64.10K | 0.00 | 0.00 |
BANK AMERICA CORPSOLE | COM | 75K | SH | $3.30M 1.11% | 75K | 0.00 | 0.00 |
DESCARTES SYS GROUP INCSOLE | COM | 28.57K | SH | $3.24M 1.10% | 28.57K | 0.00 | 0.00 |
CANADIAN NATL RY COSOLE | COM | 31.58K | SH | $3.20M 1.08% | 31.58K | 0.00 | 0.00 |
Page 1 of 3