Scheer, Rowlett & Associates Investment Management Ltd.

TORONTO, A6 · CIK 1426327 · 13F filing filed 2026-08-13

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entitySCHEER, ROWLETT & ASSOCIATES INVESTMENT MANAGEMENT LTD. (CA)

Others nearbyToronto

$1.4bn reported value +0.1% vs Q1 2026

30positions

65.5%in top 10

2 new 7 added 20 reduced 5 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ROYAL BK CDA COM RY	RY	997,064	$206.3m14.83%	14.83%	Reduced -43.6k	-43,554 -4.2%
2	TORONTO DOMINION BK ONT COM NEW TD	TD	1,310,657	$159.2m11.44%	11.44%	Reduced -57.6k	-57,556 -4.2%
3	CANADIAN NATL RY CO COM CNI	CNI	727,812	$86.8m6.24%	6.24%	Reduced -5.4k	-5,379 -0.7%
4	BROOKFIELD CORP CL A LTD VT SH BN	BN	1,942,657	$82.8m5.95%	5.95%	Reduced -13.4k	-13,371 -0.7%
5	BANK MONTREAL QUE COM BMO	BMO	447,594	$78.9m5.67%	5.67%	Reduced -148.7k	-148,731 -24.9%
6	BARRICK MNG CORP COM SHS B	B	2,035,333	$74.8m5.37%	5.37%	Reduced -11.1k	-11,092 -0.5%
7	SUNCOR ENERGY INC NEW COM SU	SU	1,279,194	$68.8m4.94%	4.94%	Reduced -67.9k	-67,857 -5.0%
8	CENOVUS ENERGY INC COM CVE	CVE	2,680,018	$66.8m4.80%	4.80%	Reduced -408.5k	-408,528 -13.2%
9	MANULIFE FINL CORP COM MFC	MFC	1,093,093	$44.3m3.18%	3.18%	Reduced -1.3k	-1,335 -0.1%
10	TELUS CORPORATION COM TU	TU	3,993,829	$42.8m3.07%	3.07%	Added +769.7k	+769,733 23.9%
11	TC ENERGY CORP COM TRP	TRP	641,071	$42.4m3.05%	3.05%	Reduced -162.6k	-162,583 -20.2%
12	CANADIAN PACIFIC KANSAS CITY COM CP	CP	420,738	$36.4m2.62%	2.62%	Reduced -4.0k	-3,958 -0.9%
13	FRANCO NEV CORP COM FNV	FNV	171,766	$35.8m2.57%	2.57%	Added +11.7k	+11,712 7.3%
14	ATS CORPORATION COM ATS	ATS	1,175,268	$33.8m2.43%	2.43%	Reduced -6.7k	-6,669 -0.6%
15	ROGERS COMMUNICATIONS INC CL B RCI	RCI	1,033,603	$33.6m2.41%	2.41%	Reduced -8.7k	-8,736 -0.8%
16	ENBRIDGE INC COM ENB	ENB	613,996	$33.3m2.39%	2.39%	Reduced -3.6k	-3,585 -0.6%
17	AGNICO EAGLE MINES LTD COM AEM	AEM	208,743	$32.3m2.32%	2.32%	Added +200.2k	+200,156 2330.9%
18	TFI INTL INC COM TFII	TFII	208,421	$30.0m2.15%	2.15%	Reduced -33.8k	-33,759 -13.9%
19	OR ROYALTIES INC. COM SHS OR	OR	832,658	$26.3m1.89%	1.89%	Reduced -7.8k	-7,795 -0.9%
20	RESTAURANT BRANDS INTL INC COM QSR	QSR	355,630	$25.8m1.85%	1.85%	Reduced -3.6k	-3,599 -1.0%
21	CANADIAN NAT RES LTD COM CNQ	CNQ	643,233	$25.4m1.83%	1.83%	Reduced -118.8k	-118,797 -15.6%
22	CGI INC CL A SUB VTG GIB	GIB	378,430	$24.4m1.76%	1.76%	Reduced -5.5k	-5,495 -1.4%
23	GILDAN ACTIVEWEAR INC COM GIL	GIL	464,399	$23.9m1.72%	1.72%	Added +206.1k	+206,141 79.8%
24	NUTRIEN LTD COM NTR	NTR	328,425	$20.6m1.48%	1.48%	Added +40.6k	+40,566 14.1%
25	ALGOMA STL GROUP INC COM ASTL	ASTL	3,846,390	$15.7m1.13%	1.13%	Added +638.9k	+638,910 19.9%
26	DESCARTES SYS GROUP INC COM DSGX	DSGX	218,527	$15.1m1.09%	1.09%	Added +59.8k	+59,833 37.7%
27	CAE INC COM CAE	CAE	410,130	$10.3m0.74%	0.74%	New
28	THOMSON REUTERS CORP COM TRI	TRI	112,198	$9.2m0.66%	0.66%	New
29	ALAMOS GOLD INC NEW COM CL A AGI	AGI	179,580	$5.4m0.39%	0.39%	Reduced -577.4k	-577,409 -76.3%
30	CNH INDL N V SHS CNH	CNH	12,680	$142.4k0.01%	0.01%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
TECK RESOURCES LTD TECK	TECK	277,200	$14.3m277.2k shares
MAGNA INTL INC MGA	MGA	185,467	$10.4m185.5k shares
METHANEX CORP MEOH	MEOH	162,425	$9.7m162.4k shares
THOMSON REUTERS CORP		94,951	$8.6m95.0k shares
OPEN TEXT CORP OTEX	OTEX	256,800	$5.7m256.8k shares