Scheer, Rowlett & Associates Investment Management 13F annual report
Scheer, Rowlett & Associates Investment Management is an investment fund managing more than $1.3 trillion ran by Tim Bradshaw. There are currently 34 companies in Mr. Bradshaw’s portfolio. The largest investments include Royal Bk Cda and Toronto Dominion Bk Ont, together worth $237 billion.
$1.3 trillion Assets Under Management (AUM)
As of 1st August 2024, Scheer, Rowlett & Associates Investment Management’s top holding is 1,244,596 shares of Royal Bk Cda currently worth over $133 billion and making up 10.2% of the portfolio value.
In addition, the fund holds 1,897,409 shares of Toronto Dominion Bk Ont worth $104 billion.
The third-largest holding is Suncor worth $87.1 billion and the next is TC worth $77.1 billion, with 2,032,995 shares owned.
Currently, Scheer, Rowlett & Associates Investment Management's portfolio is worth at least $1.3 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Scheer, Rowlett & Associates Investment Management
The Scheer, Rowlett & Associates Investment Management office and employees reside in Toronto, Ontario, Canada. According to the last 13-F report filed with the SEC, Tim Bradshaw serves as the Chief Compliance Officer at Scheer, Rowlett & Associates Investment Management.
Recent trades
In the most recent 13F filing, Scheer, Rowlett & Associates Investment Management revealed that it had opened a new position in
Osisko Gold Royalties Ltd and bought 627,447 shares worth $9.78 billion.
This means they effectively own approximately 0.1% of the company.
Osisko Gold Royalties Ltd makes up
7.3%
of the fund's Materials sector allocation and has grown its share price by 14.5% in the past year.
The investment fund also strengthened its position in Telus by buying
1,378,170 additional shares.
This makes their stake in Telus total 2,970,170 shares worth $45 billion.
Telus dropped 4.1% in the past year.
On the other hand, Tim Bradshaw disclosed a decreased stake in Royal Bk Cda by approximately 0.1%.
This leaves the value of the investment at $133 billion and 1,244,596 shares.
One of the largest hedge funds
The two most similar investment funds to Scheer, Rowlett & Associates Investment Management are Adell Harriman & Carpenter Inc and Siemens Fonds Invest Gmbh. They manage $1.29 trillion and $1.3 trillion respectively.
Tim Bradshaw investment strategy
Scheer, Rowlett & Associates Investment Management’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Energy — making up 18.6% of
the total portfolio value.
The fund focuses on investments in the Canada as
52.9% of the portfolio companies
are based in the Canada.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
44% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $24 billion.
The complete list of Scheer, Rowlett & Associates Investment Management trades based on 13F SEC filings
These positions were updated on August 8th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Royal Bk Cda |
0.56%
1,244,596
|
$132,523,081,000 | 10.23% |
| Toronto Dominion Bk Ont |
0.47%
1,897,409
|
$104,311,318,000 | 8.05% |
| Suncor Energy, Inc. |
0.56%
2,284,698
|
$87,103,529,000 | 6.72% |
| TC Energy Corporation |
0.58%
2,032,995
|
$77,076,406,000 | 5.95% |
| Bank Nova Scotia Halifax |
0.52%
1,492,947
|
$68,301,868,000 | 5.27% |
| Brookfield Corp |
0.45%
1,528,080
|
$63,563,967,000 | 4.91% |
| Canadian Imperial Bk Comm To |
0.56%
1,260,258
|
$59,932,087,000 | 4.63% |
| Canadian Pacific Kansas City |
0.54%
667,092
|
$52,543,057,000 | 4.06% |
| Canadian Natl Ry Co |
0.55%
420,233
|
$49,664,419,000 | 3.83% |
| Cenovus Energy Inc |
0.51%
2,373,465
|
$46,658,016,000 | 3.60% |
| Telus Corp. |
86.57%
2,970,170
|
$44,969,084,000 | 3.47% |
| Barrick Gold Corp. |
10.76%
2,592,255
|
$43,246,005,000 | 3.34% |
| Rogers Communications Inc. |
13.37%
1,128,166
|
$41,732,669,000 | 3.22% |
| Gildan Activewear Inc |
0.61%
1,097,330
|
$41,626,851,000 | 3.21% |
| CGI Inc |
8.98%
393,732
|
$39,304,751,000 | 3.03% |
| Restaurant Brands International Inc |
0.56%
552,662
|
$38,948,369,000 | 3.01% |
| Manulife Finl Corp |
0.38%
1,367,608
|
$36,422,809,000 | 2.81% |
| Canadian Nat Res Ltd |
99.37%
889,424
|
$31,685,305,000 | 2.45% |
| Nutrien Ltd |
0.69%
608,575
|
$30,987,594,000 | 2.39% |
| Enbridge Inc |
13.48%
845,773
|
$30,093,160,000 | 2.32% |
| Magna International Inc. |
9.27%
676,385
|
$28,353,344,000 | 2.19% |
| Methanex Corp. |
35.32%
436,772
|
$21,090,178,000 | 1.63% |
| Bank Montreal Que |
0.77%
205,577
|
$17,257,684,000 | 1.33% |
| Telus Intl Cda Inc |
49.69%
2,977,786
|
$17,197,813,000 | 1.33% |
| Teck Resources Ltd |
0.30%
345,542
|
$16,561,224,000 | 1.28% |
| Canada Goose Holdings Inc |
0.95%
1,224,973
|
$15,841,890,000 | 1.22% |
| Algoma Stl Group Inc |
49.83%
2,181,283
|
$15,133,203,000 | 1.17% |
| Newmont Corp |
3.12%
268,026
|
$11,217,732,000 | 0.87% |
| West Fraser Timber Co Ltd |
0.23%
140,677
|
$10,805,739,000 | 0.83% |
| Osisko Gold Royalties Ltd |
Opened
627,447
|
$9,779,505,000 | 0.75% |
| Open Text Corp |
Opened
194,659
|
$5,845,983,000 | 0.45% |
| Enerflex Ltd |
1.14%
1,006,444
|
$5,429,985,000 | 0.42% |
| Agnico Eagle Mines Ltd |
96.80%
4,605
|
$301,237,000 | 0.02% |
| Warner Bros.Discovery Inc |
22.52%
12,785
|
$95,120,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 34 holdings | |||
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