PCJ Investment Counsel Ltd. — 13F Holdings

2026 Q1  ·  72 Positions

2026 Q1 Portfolio Activity

In 2026 Q1, PCJ Investment Counsel Ltd. maintained a portfolio of 72 distinct positions. The most significant new addition was BROOKFIELD BUSINESS CORP, now representing 8.80% of the total fund value. They heavily accumulated shares in CENOVUS ENERGY INC, increasing the position by 9.0%. Conversely, PCJ Investment Counsel Ltd. completely exited their position in BROOKFIELD BUSINESS PARTNERS.
Position History hover any row below to update
Loading…
PCJ Investment Counsel Ltd. Vancouver Investment Counsel / Asset Manager (13F filer) AUM $336M
PCA Score Concentration Risk
Risk ENB
Total Positions
72
Quarter
2026 Q1
Top Holding
N/A (8.8%)
Top 10 Concentration
42.3%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 72

PCJ Investment Counsel Ltd. Full Holdings List — 2026 Q1

Stock History Sector / Type Port % Prev % Rank / Prev Conviction
Freshness
Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
N/A
BROOKFIELD BUSI...
Unknown 8.80% #1
Prev: #—
9.0
978,912
NEW
978,912 $30,967,615 13F Filing 2026-03-31 2026-05-11
CAE
CAE INC
Industrials 5.80% 5.72% #2 1
Prev: #3
4.3
22,108 2.9%
P
S
782,693 $20,405,110 2007 Q4 13F Filing 2026-03-31 2026-05-11
EFXT
ENERFLEX LTD
Energy 3.93% 3.41% #3 3
Prev: #6
2.6
-232,834 -26.0%
P
S
661,252 $13,835,166 2007 Q4 13F Filing 2026-03-31 2026-05-11
RY
ROYAL BK CDA
Financial Services 3.85% 3.41% #4 3
Prev: #7
2.5
2,990 3.7%
P
S
83,840 $13,555,842 2007 Q4 13F Filing 2026-03-31 2026-05-11
BTE
BAYTEX ENERGY C...
Energy 3.56% 1.99% #5 10
Prev: #15
3.9
322,355 13.0%
P
S
2,805,993 $12,548,729 2007 Q4 13F Filing 2026-03-31 2026-05-11
BYDGF
BOYD GROUP SERV...
Unknown 3.41% 4.54% #6 2
Prev: #4
1.9
-21,337 -18.5%
P
S
93,893 $11,988,811 2007 Q4 13F Filing 2026-03-31 2026-05-11
CRH
CRH PLC
Basic Materials 3.37% 5.78% #7 5
Prev: #2
1.3
-74,457 -39.8%
P
S
112,773 $11,854,698 2007 Q4 13F Filing 2026-03-31 2026-05-11
CVE
CENOVUS ENERGY ...
Energy 3.33% 1.70% #8 11
Prev: #19
3.3
36,395 9.0%
P
S
442,865 $11,737,629 2007 Q4 13F Filing 2026-03-31 2026-05-11
TD
TORONTO DOMINIO...
Financial Services 3.23% 2.69% #9 1
Prev: #10
3.3
6,320 5.5%
P
S
121,860 $11,368,232 2007 Q4 13F Filing 2026-03-31 2026-05-11
BIP
BROOKFIELD INFR...
Bond/Debt 3.01% 1.58% #10 10
Prev: #20
4.2
109,374 59.5%
P
S
293,154 $10,584,200 2007 Q4 13F Filing 2026-03-31 2026-05-11
DNN
DENISON MINES C...
Energy 2.68% 1.91% #11 5
Prev: #16
1.6
-259,610 -8.9%
P
S
2,659,200 $9,425,889 2007 Q4 13F Filing 2026-03-31 2026-05-11
SHOP
SHOPIFY INC
Technology 2.52% 2.82% #12 3
Prev: #9
3.0
4,150 5.9%
P
S
74,860 $8,884,153 2007 Q4 13F Filing 2026-03-31 2026-05-11
EQX
EQUINOX GOLD CO...
Basic Materials 2.28% 3.07% #13 5
Prev: #8
0.9
-326,555 -37.0%
P
S
555,385 $8,022,380 2007 Q4 13F Filing 2026-03-31 2026-05-11
GFL
GFL ENVIRONMENT...
Industrials 2.23% #14
Prev: #—
4.4
187,807
NEW
187,807 $7,835,601 2020 Q1 13F Filing 2026-03-31 2026-05-11
IAG
IAMGOLD CORP
Basic Materials 2.15% 2.62% #15 4
Prev: #11
0.9
-238,730 -37.2%
P
S
403,320 $7,586,541 2007 Q4 13F Filing 2026-03-31 2026-05-11
ENB
ENBRIDGE INC
Energy 1.90% 1.32% #16 12
Prev: #28
2.8
12,230 11.0%
P
S
123,540 $6,698,243 2007 Q4 13F Filing 2026-03-31 2026-05-11
TGB
TASEKO MINES LT...
Basic Materials 1.87% 1.33% #17 9
Prev: #26
2.7
67,690 7.1%
P
S
1,017,980 $6,594,600 2007 Q4 13F Filing 2026-03-31 2026-05-11
CNI
CANADIAN NATL R...
Industrials 1.82% 0.79% #18 27
Prev: #45
3.7
30,110 93.7%
P
S
62,260 $6,409,378 2007 Q4 13F Filing 2026-03-31 2026-05-11
CNQ
CANADIAN NAT RE...
Energy 1.77% 1.00% #19 18
Prev: #37
2.7
8,000 6.7%
P
S
127,800 $6,234,550 2007 Q4 13F Filing 2026-03-31 2026-05-11
AEM
AGNICO EAGLE MI...
Basic Materials 1.76% 1.35% #20 4
Prev: #24
1.2
-1,690 -5.3%
P
S
30,480 $6,188,108 2007 Q4 13F Filing 2026-03-31 2026-05-11
BMO
BANK MONTREAL M...
Financial Services 1.67% 1.34% #21 4
Prev: #25
1.2
1,450 3.5%
P
S
43,300 $5,865,963 2007 Q4 13F Filing 2026-03-31 2026-05-11
ERO
ERO COPPER CORP
Basic Materials 1.60% 0.65% #22 26
Prev: #48
3.6
118,640 127.3%
P
S
211,859 $5,646,689 2007 Q4 13F Filing 2026-03-31 2026-05-11
CM
CANADIAN IMPERI...
Financial Services 1.58% 0.12% #23 38
Prev: #61
3.6
53,480 981.3%
P
S
58,930 $5,577,193 2007 Q4 13F Filing 2026-03-31 2026-05-11
BEP
BROOKFIELD RENE...
Utilities 1.58% #24
Prev: #—
4.1
170,580
NEW
170,580 $5,565,664 2026 Q1 13F Filing 2026-03-31 2026-05-11
SU
SUNCOR ENERGY I...
Energy 1.56% 0.83% #25 19
Prev: #44
2.6
8,030 10.7%
P
S
83,210 $5,504,716 2007 Q4 13F Filing 2026-03-31 2026-05-11
ORLA
ORLA MNG LTD NE...
Basic Materials 1.39% 1.72% #26 8
Prev: #18
0.6
-212,300 -41.0%
P
S
305,180 $4,908,473 2007 Q4 13F Filing 2026-03-31 2026-05-11
ARMN
ARIS MINING COR...
Unknown 1.37% #27
Prev: #—
4.0
259,765
NEW
259,765 $4,824,246 2026 Q1 13F Filing 2026-03-31 2026-05-11
PPTA
PERPETUA RESOUR...
Basic Materials 1.31% #28
Prev: #—
4.0
164,070
NEW
164,070 $4,624,232 2026 Q1 13F Filing 2026-03-31 2026-05-11
CGAU
CENTERRA GOLD I...
Basic Materials 1.29% 0.52% #29 21
Prev: #50
3.5
109,290 74.9%
P
S
255,270 $4,527,863 2007 Q4 13F Filing 2026-03-31 2026-05-11
PBA
PEMBINA PIPELIN...
Energy 1.27% 1.32% #30 3
Prev: #27
0.5
-40,775 -29.1%
P
S
99,545 $4,458,991 2007 Q4 13F Filing 2026-03-31 2026-05-11
CP
CANADIAN PACIFI...
Industrials 1.20% 0.94% #31 8
Prev: #39
1.0
2,020 3.9%
P
S
53,730 $4,228,987 2007 Q4 13F Filing 2026-03-31 2026-05-11
SKE
SKEENA RES LTD ...
Basic Materials 1.20% 0.84% #32 10
Prev: #42
1.0
-980 -0.7%
P
S
141,490 $4,214,684 2007 Q4 13F Filing 2026-03-31 2026-05-11
NXE
NEXGEN ENERGY L...
Energy 1.17% 1.15% #33
Prev: #33
0.5
-151,790 -30.0%
P
S
354,400 $4,112,649 2007 Q4 13F Filing 2026-03-31 2026-05-11
BN
BROOKFIELD CORP
Financial Services 1.16% 3.79% #34 29
Prev: #5
0.5
-233,070 -69.8%
P
S
101,020 $4,094,301 2007 Q4 13F Filing 2026-03-31 2026-05-11
WPM
WHEATON PRECIOU...
Basic Materials 1.12% 0.83% #35 8
Prev: #43
2.4
1,600 5.6%
P
S
29,990 $3,937,328 2007 Q4 13F Filing 2026-03-31 2026-05-11
TFII
TRANSFORCE INC
Industrials 1.11% 0.22% #36 23
Prev: #59
3.4
27,280 312.1%
P
S
36,020 $3,921,492 2007 Q4 13F Filing 2026-03-31 2026-05-11
B
BARRICK MNG COR...
Basic Materials 1.10% 1.14% #37 3
Prev: #34
0.9
-10,910 -10.3%
P
S
94,970 $3,881,873 2007 Q4 13F Filing 2026-03-31 2026-05-11
EXK
ENDEAVOUR SILVE...
Basic Materials 1.10% 1.31% #38 9
Prev: #29
0.4
-148,400 -26.4%
P
S
413,240 $3,856,572 2007 Q4 13F Filing 2026-03-31 2026-05-11
MFC
MANULIFE FINL C...
Financial Services 0.99% 0.96% #39 1
Prev: #38
0.9
-6,200 -5.8%
P
S
100,761 $3,471,632 2007 Q4 13F Filing 2026-03-31 2026-05-11
HBM
HUDBAY MINERALS...
Basic Materials 0.96% #40
Prev: #—
3.9
161,660
NEW
161,660 $3,385,848 2013 Q2 13F Filing 2026-03-31 2026-05-11
CCJ
CAMECO CORP
Energy 0.95% 0.51% #41 10
Prev: #51
2.9
8,440 37.5%
P
S
30,930 $3,357,560 2007 Q4 13F Filing 2026-03-31 2026-05-11
TECK
TECK RESOURCES ...
Basic Materials 0.95% 0.35% #42 13
Prev: #55
3.4
34,730 116.9%
P
S
64,430 $3,333,988 2007 Q4 13F Filing 2026-03-31 2026-05-11
ALMTF
ALMONTY INDS IN...
Unknown 0.83% #43
Prev: #—
3.8
200,000
NEW
200,000 $2,910,482 2026 Q1 13F Filing 2026-03-31 2026-05-11
FTS
FORTIS INC
Utilities 0.79% #44
Prev: #—
3.8
49,670
NEW
49,670 $2,771,636 2016 Q4 13F Filing 2026-03-31 2026-05-11
KGC
KINROSS GOLD CO...
Basic Materials 0.76% 0.64% #45 4
Prev: #49
0.8
-3,560 -3.9%
P
S
87,620 $2,679,310 2007 Q4 13F Filing 2026-03-31 2026-05-11
CLS
CELESTICA INC
Technology 0.75% 0.34% #46 10
Prev: #56
3.3
4,770 103.5%
P
S
9,380 $2,646,539 2007 Q4 13F Filing 2026-03-31 2026-05-11
FSM
FORTUNA MNG COR...
Basic Materials 0.73% 1.18% #47 15
Prev: #32
0.3
-228,190 -46.9%
P
S
258,330 $2,568,747 2007 Q4 13F Filing 2026-03-31 2026-05-11
KNX
KNIGHT-SWIFT TR...
Industrials 0.73% 0.38% #48 4
Prev: #52
3.3
14,950 50.4%
P
S
44,610 $2,568,644 2007 Q4 13F Filing 2026-03-31 2026-05-11
USAS
AMERICAS GOLD A...
Basic Materials 0.68% 1.09% #49 14
Prev: #35
0.3
-402,840 -46.8%
P
S
458,250 $2,392,013 2007 Q4 13F Filing 2026-03-31 2026-05-11
LSPD
LIGHTSPEED COMM...
Technology 0.64% 0.37% #50 3
Prev: #53
3.3
128,270 104.6%
P
S
250,900 $2,244,117 2007 Q4 13F Filing 2026-03-31 2026-05-11
Showing 1-50 of 72 holdings

Unlock Full PCJ Investment Counsel Ltd. Analysis

PRO subscribers get access to all historical quarters, Excel/CSV exports, Portfolio Concentration Analytics (PCA), and Risk-Based ENB.

Full Historical Quarters
Excel & CSV Export
PCA & Risk-Based ENB
Auto Cost Basis
Position Change Alerts
Price-Held Analytics
Full history →