Latest Scheer, Rowlett & Associates Investment Management Stock Portfolio

$1.39Billion– No. of Holdings #33

Scheer, Rowlett & Associates Investment Management Performance:

2026 Q1: 5.65%YTD: 5.65%2025: 22.07%

Performance for 2026 Q1 is 5.65%, and YTD is 5.65%, and 2025 is 22.07%.

About Scheer, Rowlett & Associates Investment Management and 13F Hedge Fund Stock Holdings

On 2026-05-11, the fund reported it's updated stock portfolio. In the 13F Holdings report, Scheer, Rowlett & Associates Investment Management Ltd. reported an equity portfolio of $1.4 Billions as of 31 Mar, 2026.

The top stock holdings of Scheer, Rowlett & Associates Investment Management Ltd. are RY, TD, SU. The fund has invested 12.1% of it's portfolio in ROYAL BK CDA and 9.2% of portfolio in TORONTO DOMINION BK ONT.

The fund managers got completely rid off BANK NOVA SCOTIA HALIFAX (BNS) stocks. They significantly reduced their stock positions in METHANEX CORP (MEOH), MAGNA INTL INC (MGA) and NUTRIEN LTD (NTR). Scheer, Rowlett & Associates Investment Management Ltd. opened new stock positions in DESCARTES SYS GROUP INC (DSGX) and THOMSON REUTERS CORP (TRI). The fund showed a lot of confidence in some stocks as they added substantially to ALAMOS GOLD INC (AGI), BANK MONTREAL MEDIUM (BMO) and FRANCO NEV CORP (FNV).

Scheer, Rowlett & Associates Investment Management Equity Portfolio Value

Last Reported on: 11 May, 2026

Scheer, Rowlett & Associates Investment Management Annual Return Estimates Vs S&P 500

Our best estimate is that Scheer, Rowlett & Associates Investment Management Ltd. made a return of 5.65% in the last quarter. In trailing 12 months, it's portfolio return was 32.48%.

Performance
S&P 500

New Buys

Ticker	$ Bought
descartes sys group inc	11,368,900
thomson reuters corp	8,573,910

New stocks bought by Scheer, Rowlett & Associates Investment Management

Additions

Ticker	% Inc.
alamos gold inc	73.25
bank montreal medium	28.34
franco nev corp	11.65
royal bk cda	2.18

Additions to existing portfolio by Scheer, Rowlett & Associates Investment Management

Reductions

Ticker	% Reduced
methanex corp	-76.31
magna intl inc	-54.8
nutrien ltd	-37.22
manulife finl corp	-15.95
rogers communications inc	-15.24
toronto dominion bk ont	-14.12
tc energy corp	-14.03
barrick mng corp	-12.83

Scheer, Rowlett & Associates Investment Management reduced stake in above stock

Sold off

Ticker	$ Sold
bank nova scotia halifax	-69,365,200

Scheer, Rowlett & Associates Investment Management got rid off the above stocks

Sector Distribution

Scheer, Rowlett & Associates Investment Management Ltd. has about 92.9% of it's holdings in Others sector.

Others
Industrials
Energy
Consumer Cyclical

Sector	%
Others	92.9
Industrials	2.4
Energy	2.4
Consumer Cyclical	1.9

Market Cap. Distribution

Scheer, Rowlett & Associates Investment Management Ltd. has about 6.7% of it's portfolio invested in the large-cap and mega-cap stocks.

UNALLOCATED
LARGE-CAP

Category	%
UNALLOCATED	92.9
LARGE-CAP	6.7

Stocks belong to which Index?

About 0% of the stocks held by Scheer, Rowlett & Associates Investment Management Ltd. either belong to S&P 500 or RUSSELL 2000 index.

Others

Index	%
Others	100

Top 5 Winners (%)		%
CVE	cenovus energy inc	53.5 %
SU	suncor energy inc new	48.1 %
CNQ	canadian nat res ltd med ter	43.2 %
MEOH	methanex corp	31.1 %
CNHI	cnh indl n v	19.3 %

Top 5 Winners ($)		$
CVE	cenovus energy inc	31.2 M
SU	suncor energy inc new	29.9 M
CNQ	canadian nat res ltd med ter	11.6 M
MEOH	methanex corp	8.5 M
TRP	tc energy corp	6.5 M

Top 5 Losers (%)		%
OTEX	open text corp	-30.3 %
GIB	cgi inc	-20.5 %
	brookfield corp	-11.5 %
GIL	gildan activewear inc	-10.7 %
	barrick mng corp	-5.8 %

Top 5 Losers ($)		$
	brookfield corp	-10.7 M
RY	royal bk cda	-9.1 M
GIB	cgi inc	-7.5 M
	barrick mng corp	-5.9 M
OTEX	open text corp	-2.8 M

Scheer, Rowlett & Associates Investment Management Holdings Map

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

Current Stock Holdings of Scheer, Rowlett & Associates Investment Management

Scheer, Rowlett & Associates Investment Management Ltd. has 33 stocks in it's portfolio. About 63.1% of the portfolio is in top 10 stocks. proved to be the most loss making stock for the portfolio. CVE was the most profitable stock for Scheer, Rowlett & Associates Investment Management Ltd. last quarter.

Last Reported on: 11 May, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AEM	agnico eagle mines ltd	0.12	8,587	1,743,350	reduced	-5.76

AGI	alamos gold inc	2.42	756,989	33,684,800	added	73.25

ASTL	algoma stl group inc	0.95	3,207,480	13,237,300	reduced	-3.87

BMO	bank montreal medium	5.81	596,325	80,785,700	added	28.34

BNS	bank nova scotia halifax	0.00	0.00	0.00	sold off	-100

CNHI	cnh indl n v	0.01	12,680	139,480	unchanged	0.00

CNI	canadian natl ry co	5.43	733,191	75,478,600	reduced	-3.72

CNQ	canadian nat res ltd med ter	2.67	762,030	37,174,600	reduced	-3.76

CP	canadian pacific kansas city	2.40	424,696	33,427,000	reduced	-3.76

CVE	cenovus energy inc	5.88	3,088,550	81,719,600	reduced	-10.44

DSGX	descartes sys group inc	0.82	158,694	11,368,900	new

ENB	enbridge inc	2.41	617,581	33,484,800	reduced	-3.29

FNV	franco nev corp	2.85	160,054	39,638,500	added	11.65

GIB	cgi inc	2.02	383,925	28,073,200	reduced	-2.84

GIL	gildan activewear inc	1.03	258,258	14,385,100	reduced	-3.8

MEOH	methanex corp	0.70	162,425	9,680,090	reduced	-76.31

MFC	manulife finl corp	2.71	1,094,430	37,707,600	reduced	-15.95

MGA	magna intl inc	0.74	185,467	10,359,900	reduced	-54.8

NTR	nutrien ltd	1.56	287,859	21,733,800	reduced	-37.22

OTEX	open text corp	0.41	256,800	5,723,760	reduced	-8.07