2026 Q1 Portfolio Activity
In 2026 Q1, Scheer, Rowlett & Associates Investment Management Ltd. maintained a portfolio of 34 distinct positions. The most significant new addition was DESCARTES SYS GROUP INC, now representing 0.82% of the total fund value. They heavily accumulated shares in BANK MONTREAL MEDIUM, increasing the position by 28.3%. Conversely, Scheer, Rowlett & Associates Investment Management Ltd. completely exited their position in BANK NOVA SCOTIA HALIFAX.
Position History
hover any row below to update
Loading…
Total Positions
34
Quarter
2026 Q1
Top Holding
RY (12.1%)
Top 10 Concentration
63.1%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-34 of 34
Scheer, Rowlett & Associates Investment Management Ltd. Full Holdings List — 2026 Q1
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
RY
ROYAL BK CDA
|
Financial Services | 12.10% | 11.91% |
#1
Prev: #1
|
6.5 |
—
|
22,209 | 2.2% |
P
S
|
1,040,618 | $168,254,448 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
TD
TORONTO DOMINIO...
|
Financial Services | 9.18% | 10.30% |
#2
Prev: #2
|
5.7 |
—
|
-224,963 | -14.1% |
P
S
|
1,368,213 | $127,639,610 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
SU
SUNCOR ENERGY I...
|
Energy | 6.41% | 4.26% |
#3
4
Prev: #7
|
4.1 |
—
|
-50,951 | -3.6% |
P
S
|
1,347,051 | $89,113,491 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
B
BARRICK MNG COR...
|
Basic Materials | 6.02% | 7.02% |
#4
1
Prev: #3
|
3.4 |
—
|
-301,306 | -12.8% |
P
S
|
2,046,425 | $83,647,062 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
CVE
CENOVUS ENERGY ...
|
Energy | 5.88% | 4.00% |
#5
4
Prev: #9
|
3.4 |
—
|
-360,090 | -10.4% |
P
S
|
3,088,546 | $81,719,609 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
BMO
BANK MONTREAL M...
|
Financial Services | 5.81% | 4.14% |
#6
2
Prev: #8
|
4.8 |
—
|
131,698 | 28.3% |
P
S
|
596,325 | $80,785,684 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
BN
BROOKFIELD CORP
|
Financial Services | 5.70% | 6.40% |
#7
3
Prev: #4
|
2.8 |
—
|
-75,452 | -3.7% |
P
S
|
1,956,028 | $79,277,052 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
CNI
CANADIAN NATL R...
|
Industrials | 5.43% | 5.17% |
#8
3
Prev: #5
|
2.7 |
—
|
-28,296 | -3.7% |
P
S
|
733,191 | $75,478,606 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
TRP
TC ENERGY CORP
|
Energy | 3.61% | 3.53% |
#9
1
Prev: #10
|
1.9 |
—
|
-131,197 | -14.0% |
P
S
|
803,654 | $50,247,335 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
TU
TELUS CORPORATI...
|
Communication Services | 2.98% | 3.03% |
#10
3
Prev: #13
|
1.7 |
—
|
-126,364 | -3.8% |
P
S
|
3,224,096 | $41,470,827 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
RCI
ROGERS COMMUNIC...
|
Communication Services | 2.88% | 3.18% |
#11
1
Prev: #12
|
1.7 |
—
|
-187,419 | -15.2% |
P
S
|
1,042,339 | $40,094,718 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
FNV
FRANCO NEV CORP
|
Basic Materials | 2.85% | 2.04% |
#12
7
Prev: #19
|
3.1 |
—
|
16,704 | 11.7% |
P
S
|
160,054 | $39,638,491 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
MFC
MANULIFE FINL C...
|
Financial Services | 2.71% | 3.24% |
#13
2
Prev: #11
|
1.6 |
—
|
-207,682 | -15.9% |
P
S
|
1,094,428 | $37,707,557 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
CNQ
CANADIAN NAT RE...
|
Energy | 2.67% | 1.84% |
#14
9
Prev: #23
|
1.6 |
—
|
-29,751 | -3.8% |
P
S
|
762,030 | $37,174,601 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
AGI
ALAMOS GOLD INC
|
Basic Materials | 2.42% | 1.16% |
#15
11
Prev: #26
|
4.0 |
—
|
320,044 | 73.2% |
P
S
|
756,989 | $33,684,836 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
ENB
ENBRIDGE INC
|
Energy | 2.41% | 2.10% |
#16
2
Prev: #18
|
1.5 |
—
|
-20,990 | -3.3% |
P
S
|
617,581 | $33,484,765 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
CP
CANADIAN PACIFI...
|
Industrials | 2.40% | 2.23% |
#17
1
Prev: #16
|
1.5 |
—
|
-16,608 | -3.8% |
P
S
|
424,696 | $33,427,021 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
ATS
ATS CORPORATION
|
Industrials | 2.40% | 2.32% |
#18
3
Prev: #15
|
1.5 |
—
|
-44,513 | -3.6% |
P
S
|
1,181,937 | $33,320,811 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
OR
OR ROYALTIES IN...
|
Basic Materials | 2.30% | 2.13% |
#19
2
Prev: #17
|
1.4 |
—
|
-36,756 | -4.2% |
P
S
|
840,453 | $32,008,682 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
GIB
CGI INC
|
Technology | 2.02% | 2.50% |
#20
6
Prev: #14
|
1.3 |
—
|
-11,204 | -2.8% |
P
S
|
383,925 | $28,073,188 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
QSR
RESTAURANT BRAN...
|
Consumer Cyclical | 1.91% | 1.75% |
#21
3
Prev: #24
|
1.3 |
—
|
-14,333 | -3.8% |
P
S
|
359,229 | $26,587,649 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
TFII
TRANSFORCE INC
|
Industrials | 1.90% | 1.92% |
#22
1
Prev: #21
|
1.3 |
—
|
-27,983 | -10.4% |
P
S
|
242,180 | $26,366,101 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
NTR
NUTRIEN LTD
|
Basic Materials | 1.56% | 1.94% |
#23
3
Prev: #20
|
0.6 |
—
|
-170,672 | -37.2% |
P
S
|
287,859 | $21,733,760 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
GIL
GILDAN ACTIVEWE...
|
Consumer Cyclical | 1.03% | 1.15% |
#24
3
Prev: #27
|
0.9 |
—
|
-10,213 | -3.8% |
P
S
|
258,258 | $14,385,062 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
TECK
TECK RESOURCES ...
|
Basic Materials | 1.03% | 0.95% |
#25
3
Prev: #28
|
0.9 |
—
|
-10,930 | -3.8% |
P
S
|
277,200 | $14,343,962 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
ASTL
ALGOMA STL GROU...
|
Basic Materials | 0.95% | 0.94% |
#26
3
Prev: #29
|
0.9 |
—
|
-129,045 | -3.9% |
P
S
|
3,207,480 | $13,237,325 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
DSGX
DESCARTES SYS G...
|
Technology | 0.82% | — |
#27
Prev: #—
|
3.8 |
—
|
158,694 | — |
NEW
|
158,694 | $11,368,904 | 2026 Q1 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
MGA
MAGNA INTL INC
|
Consumer Cyclical | 0.75% | 1.50% |
#28
3
Prev: #25
|
0.3 |
—
|
-224,902 | -54.8% |
P
S
|
185,467 | $10,359,914 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
MEOH
METHANEX CORP
|
Basic Materials | 0.70% | 1.87% |
#29
7
Prev: #22
|
0.3 |
—
|
-523,099 | -76.3% |
P
S
|
162,425 | $9,680,090 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
TRI
THOMSON REUTERS...
|
Industrials | 0.62% | — |
#30
Prev: #—
|
3.7 |
—
|
94,951 | — |
NEW
|
94,951 | $8,573,911 | 2026 Q1 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
OTEX
OPEN TEXT CORP
|
Technology | 0.41% | 0.62% |
#31
1
Prev: #30
|
0.7 |
—
|
-22,552 | -8.1% |
P
S
|
256,800 | $5,723,756 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
AEM
AGNICO EAGLE MI...
|
Basic Materials | 0.13% | 0.11% |
#32
1
Prev: #31
|
0.6 |
—
|
-525 | -5.8% |
P
S
|
8,587 | $1,743,349 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
CNH
CNH INDL N V
|
Industrials | 0.01% | 0.01% |
#33
1
Prev: #32
|
1.0 |
—
|
no change | no change |
P
S
|
12,680 | $139,480 | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 | |||
|
BNS
BANK NOVA SCOTI...
|
Financial Services | 0.00% | 4.76% |
Sold All 😨
(Was: #6) |
0.0 |
—
|
-940,485 | -100.0% |
CLOSED
|
— | $— | 2007 Q4 | 13F Filing | 2026-03-31 | 2026-05-11 |
Showing 1-34 of 34 holdings