Latest LETKO, BROSSEAU & ASSOCIATES INC Stock Portfolio

LETKO, BROSSEAU & ASSOCIATES INC Performance:

2025 Q3: 3.94%YTD: 4.52%2024: 5.17%

Performance for 2025 Q3 is 3.94%, and YTD is 4.52%, and 2024 is 5.17%.

About LETKO, BROSSEAU & ASSOCIATES INC and 13F Hedge Fund Stock Holdings

LETKO, BROSSEAU & ASSOCIATES INC is a hedge fund based in Canada. On 21-Dec-2022, the fund reported that it had an AUM (Regulated Assets under Management) of $13.9 Billions. In it's latest 13F Holdings report, LETKO, BROSSEAU & ASSOCIATES INC reported an equity portfolio of $5.8 Billions as of 30 Sep, 2025.

The top stock holdings of LETKO, BROSSEAU & ASSOCIATES INC are , , . The fund has invested 4.4% of it's portfolio in BANK NOVA SCOTIA HALIFAX and 4.2% of portfolio in TORONTO DOMINION BK ONT.

The fund managers got completely rid off HESS CORP (HES) and SKECHERS U S A INC (SKX) stocks. They significantly reduced their stock positions in AMRIZE LTD, MEIRAGTX HLDGS PLC (MGTX) and ORACLE CORP (ORCL). LETKO, BROSSEAU & ASSOCIATES INC opened new stock positions in CHEVRON CORP NEW (CVX), NVIDIA CORPORATION (NVDA) and PALVELLA THERAPEUTICS INC NE. The fund showed a lot of confidence in some stocks as they added substantially to UNITED PARCEL SERVICE INC (UPS), LULULEMON ATHLETICA INC (LULU) and HDFC BANK LTD (HDB).

LETKO, BROSSEAU & ASSOCIATES INC Annual Return Estimates Vs S&P 500

Our best estimate is that LETKO, BROSSEAU & ASSOCIATES INC made a return of 3.94% in the last quarter. In trailing 12 months, it's portfolio return was 3.78%.

New Buys

Ticker	$ Bought
chevron corp new	20,720,200
nvidia corporation	1,166,120
palvella therapeutics inc ne	325,988
alphabet inc	265,465
albemarle corp	200,673
gossamer bio inc	103,622
prokidney corp	38,478

New stocks bought by LETKO, BROSSEAU & ASSOCIATES INC

Additions

Ticker	% Inc.
united parcel service inc	5,429
lululemon athletica inc	192
hdfc bank ltd	120
adobe inc	41.17
graphic packaging hldg co	33.63
aura biosciences inc	33.49
eastman chem co	33.14
restaurant brands intl inc	26.98

Additions to existing portfolio by LETKO, BROSSEAU & ASSOCIATES INC

Reductions

Ticker	% Reduced
amrize ltd	-98.06
mineralys therapeutics inc	-66.82
hudbay minerals inc	-56.2
meiragtx hldgs plc	-29.36
oracle corp	-21.81
gilead sciences inc	-20.62
profound med corp	-18.1
citigroup inc	-15.7

LETKO, BROSSEAU & ASSOCIATES INC reduced stake in above stock

Sold off

Ticker	$ Sold
hess corp	-18,206,500
skechers u s a inc	-424,348

LETKO, BROSSEAU & ASSOCIATES INC got rid off the above stocks

Sector Distribution

LETKO, BROSSEAU & ASSOCIATES INC has about 59.7% of it's holdings in Others sector.

Sector	%
Others	59.7
Communication Services	9.3
Technology	9.1
Healthcare	7.8
Financial Services	6.6
Consumer Cyclical	2.6
Industrials	1.4
Basic Materials	1.2

Market Cap. Distribution

LETKO, BROSSEAU & ASSOCIATES INC has about 33% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	59.7
LARGE-CAP	21.8
MEGA-CAP	11.2
MID-CAP	7.4

Stocks belong to which Index?

About 35.5% of the stocks held by LETKO, BROSSEAU & ASSOCIATES INC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	64.5
S&P 500	34.1
RUSSELL 2000	1.4

Top 5 Winners (%)		%
NAMS	newamsterdam pharma company	57.0 %
ETNB	89bio inc	49.7 %
INTC	intel corp	48.7 %
IVZ	invesco ltd	45.5 %
GOOG	alphabet inc	37.3 %

Top 5 Winners ($)		$
GOOG	alphabet inc	57.4 M
OTEX	open text corp	46.5 M
INTC	intel corp	33.2 M
C	citigroup inc	16.0 M
ABBV	abbvie inc	13.6 M

Top 5 Losers (%)		%
REPL	replimune group inc	-54.9 %
SBTX	ars pharmaceuticals inc	-42.4 %
HUMA	humacyte inc	-16.8 %
EMN	eastman chem co	-12.2 %
LULU	lululemon athletica inc	-10.3 %

Top 5 Losers ($)		$
EMN	eastman chem co	-9.9 M
ADBE	adobe inc	-5.7 M
LULU	lululemon athletica inc	-4.0 M
T	at&t inc	-2.9 M
GPK	graphic packaging hldg co	-2.3 M

LETKO, BROSSEAU & ASSOCIATES INC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of LETKO, BROSSEAU & ASSOCIATES INC

LETKO, BROSSEAU & ASSOCIATES INC has 98 stocks in it's portfolio. About 37.5% of the portfolio is in top 10 stocks. EMN proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for LETKO, BROSSEAU & ASSOCIATES INC last quarter.

Last Reported on: 12 Nov, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ABBV	abbvie inc	1.16	290,909	67,357,100	reduced	-2.05

ADBE	adobe inc	1.43	236,110	83,287,800	added	41.17

ADNT	adient plc	0.62	1,496,840	36,043,800	added	1.00

ALB	albemarle corp	0.00	2,475	200,673	new

ALDX	aldeyra therapeutics inc	0.00	17,300	90,306	unchanged	0.00

AURA	aura biosciences inc	0.00	28,300	174,894	added	33.49

BAC	bank america corp	0.87	985,170	50,824,900	reduced	-0.21

BAP	credicorp ltd	0.44	97,271	25,901,300	added	0.34

BIIB	biogen inc	0.29	120,620	16,896,400	added	2.52

BIL	spdr series trust	0.06	35,325	3,539,560	reduced	-7.83

BUYZ	franklin templeton etf tr	0.01	22,175	826,906	added	5.72

C	citigroup inc	1.43	821,495	83,381,700	reduced	-15.7

CAE	cae inc	1.65	3,251,140	96,291,100	reduced	-2.19

CMCSA	comcast corp new	1.17	2,163,250	67,969,200	added	18.37

COP	conocophillips	0.69	425,194	40,219,100	reduced	-0.12

CPA	copa holdings sa	0.38	187,753	22,308,800	added	0.51

CRUS	cirrus logic inc	0.97	452,079	56,641,000	added	0.67

CVS	cvs health corp	1.45	1,115,580	84,104,000	added	0.31

CVX	chevron corp new	0.36	133,429	20,720,200	new

CX	cemex sab de cv	0.57	3,697,520	33,240,800	reduced	-0.88