SEC 13F Intelligence

Managers / Q1 2023 · view latest →

LETKO, BROSSEAU & ASSOCIATES INC

CIK 0001297496 · 1800, MCGILL COLLEGE, SUITE 2510, MONTREAL, A8, H3A 3J6 · (514) 499-1200

Reported Value
Under review
reported total failed a data-quality check
Positions
89
Filings on Record
31
2019–present window
Filed
May 11, 2023
original filing

Summary

Compared with Q4 2022, the fund opened 3 new positions and exited 11.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $9.0BQ4 ’18Q1 ’19: $10.0BQ2 ’19: $9.9BQ3 ’19: $9.8BQ4 ’19: $10.0BQ4 ’19Q1 ’20: $5.8BQ2 ’20: $6.8BQ3 ’20: $6.4BQ4 ’20: $7.3BQ4 ’20Q1 ’21: $7.3BQ2 ’21: $7.5BQ3 ’21: $6.9BQ4 ’21: $7.0BQ4 ’21Q1 ’22: $6.7BQ2 ’22: $5.7BQ3 ’22: $5.0BQ2 ’23: $5.4BQ2 ’23Q3 ’23: $5.1BQ4 ’23: $5.5BQ1 ’24: $5.8BQ2 ’24: $5.3BQ2 ’24Q3 ’24: $5.5BQ4 ’24: $5.2BQ1 ’25: $4.7BQ2 ’25: $5.2BQ2 ’25Q3 ’25: $5.8BQ4 ’25: $6.1BQ1 ’26: $6.2Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 92.5%ADR: 4.4%Other: 2.3%REIT: 0.7%ETP: 0.1%Other: 0.0%
  • Common Stock · 92.5% · $4.9B
  • ADR · 4.4% · $235M
  • Other · 2.3% · $123M
  • REIT · 0.7% · $37M
  • ETP · 0.1% · $7M
  • Other · 0.0% · $192,851

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ADIENT PLCNEW+1.40M1.40M+$57M$57M
GEHCGE HEALTHCARE TECHNOLOGIES INEW+189.0K189.0K+$16M$16M
GLYCEURGLYCOMIMETICS INCNEW+45.3K45.3K+$57,015$57,015
FTSFORTIS INCADDED+183.5K190.9K+$8M$8M
TRPTC ENERGY CORPSOLD OUT−1.57M0−$62,651$0
GENERAL ELECTRIC COSOLD OUT−570.5K0−$47,803$0
SHAW COMMUNICATIONS INCSOLD OUT−1.50M0−$43,047$0
MAXRUSDMAXAR TECHNOLOGIES INCSOLD OUT−790.1K0−$40,879$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MFCMANULIFE FINL CORPhistory →COM4.43%$237M12.92M
2BNSBANK NOVA SCOTIA HALIFAXhistory →COM3.95%$212M4.21M
3RYROYAL BK CDA SUSTAINABLhistory →COM3.63%$194M2.03M
4TDTORONTO DOMINION BK ONThistory →COM NEW3.50%$187M3.13M
5RCI/BROGERS COMMUNICATIONS INChistory →CL B3.42%$183M3.95M
6BMOBANK MONTREAL QUEhistory →COM3.34%$178M2.01M
7NTRNUTRIEN LTDhistory →COM2.95%$158M2.14M
8CLSEURCELESTICA INChistory →SUB VTG SHS2.94%$157M12.22M
9BCEBCE INChistory →COM NEW2.94%$157M3.52M
10MGAMAGNA INTL INChistory →COM2.91%$156M2.91M
11TTELUS CORPORATIONhistory →COM2.68%$143M7.23M
12LIESUN LIFE FINANCIAL INC.history →COM2.64%$141M3.02M
13TECK/BTECK RESOURCES LTDhistory →CL B2.49%$133M3.65M
14SUSUNCOR ENERGY INC NEWhistory →COM2.45%$131M4.23M
15CVECENOVUS ENERGY INChistory →COM1.97%$105M6.04M
16OTXOPEN TEXT CORPhistory →COM1.96%$105M2.72M
17CMCANADIAN IMPERIAL BK COMM TOhistory →COM1.84%$99M2.33M
18GOOGALPHABET INChistory →CAP STK CL C1.83%$98M942.3K
19CRCCANADIAN NAT RES LTDhistory →COM1.79%$96M1.74M
20HBMHUDBAY MINERALS INChistory →COM1.66%$89M16.97M
21METAMETA PLATFORMS INChistory →CL A1.61%$86M407.0K
22TAT&T INChistory →COM1.54%$82M4.27M
23GILDGILEAD SCIENCES INChistory →COM1.53%$82M983.4K
24WFGWEST FRASER TIMBER CO LTDhistory →COM1.49%$80M1.12M
25CAECAE INChistory →COM1.39%$74M3.29M
26TRVCCITIGROUP INChistory →COM NEW1.39%$74M1.58M
27CMCSACOMCAST CORP NEWhistory →CL A1.38%$74M1.95M
28THCTENET HEALTHCARE CORPhistory →COM NEW1.33%$71M1.19M
29STTSTATE STR CORPhistory →COM1.29%$69M909.7K
30PFEPFIZER INChistory →COM1.26%$68M1.66M
31AWMSKYWORKS SOLUTIONS INChistory →COM1.25%$67M566.5K
32CRUSCIRRUS LOGIC INChistory →COM1.22%$65M598.0K
33ORCLORACLE CORPhistory →COM1.19%$64M684.4K
34BACVERIZON COMMUNICATIONS INChistory →COM1.13%$60M1.55M
35ADIENT PLCORD SHS1.07%$57M1.40M
36WMTWALMART INChistory →COM1.07%$57M388.5K
37BERYEURBERRY GLOBAL GROUP INChistory →COM1.06%$57M962.7K
38ABBVABBVIE INChistory →COM1.02%$55M344.0K
39SHELSHELL PLChistory →SPON ADS1.01%$54M940.7K
40EMNEASTMAN CHEM COhistory →COM1.00%$54M635.4K
41QSRRESTAURANT BRANDS INTL INChistory →COM1.00%$54M799.3K
42COPCONOCOPHILLIPShistory →COM0.86%$46M464.4K
43SKAASKECHERS U S A INChistory →CL A0.85%$45M953.8K
44UPSUNITED PARCEL SERVICE INChistory →CL B0.82%$44M225.5K
45EFXENERFLEX LTDhistory →COM0.79%$42M7.11M
46GSKGSK PLChistory →SPONSORED ADR0.79%$42M1.18M
47WFCWELLS FARGO CO NEWhistory →COM0.77%$41M1.10M
48TFCTRUIST FINL CORPhistory →COM0.76%$41M1.20M
49ELP1COMPANHIA PARANAENSE ENERG Chistory →SPON ADS0.75%$40M5.98M
50BACBANK AMERICA CORPhistory →COM0.73%$39M1.37M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$6.2B101May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$6.1B100Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$5.8B98Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$5.2B93Aug 8, 202513F-HRchanges · EDGAR ↗
Q1 2025$4.7B89May 8, 202513F-HRchanges · EDGAR ↗
Q4 2024$5.2B100Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$5.5B101Nov 7, 202413F-HRchanges · EDGAR ↗
Q2 2024$5.3B104Aug 6, 202413F-HRchanges · EDGAR ↗
Q1 2024$5.8B102May 8, 202413F-HRchanges · EDGAR ↗
Q4 2023$5.5B96Feb 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$5.1B98Nov 9, 202313F-HRchanges · EDGAR ↗
Q2 2023$5.4B94Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023Under review89May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review97Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$5.0B101Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$5.7B100Aug 9, 202213F-HRchanges · EDGAR ↗
Q1 2022$6.7B101May 11, 202213F-HRchanges · EDGAR ↗
Q4 2021$7.0B107Feb 9, 202213F-HRchanges · EDGAR ↗
Q3 2021$6.9B105Nov 3, 202113F-HRchanges · EDGAR ↗
Q2 2021$7.5B106Jul 29, 202113F-HRchanges · EDGAR ↗
Q1 2021$7.3B102May 11, 202113F-HRchanges · EDGAR ↗
Q4 2020$7.3B106Feb 5, 202113F-HRchanges · EDGAR ↗
Q3 2020$6.4B97Nov 9, 202013F-HRchanges · EDGAR ↗
Q2 2020$6.8B100Aug 7, 202013F-HRchanges · EDGAR ↗
Q1 2020$5.8B88May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$10.0B92Feb 7, 202013F-HRchanges · EDGAR ↗
Q3 2019$9.8B92Nov 5, 201913F-HRchanges · EDGAR ↗
Q2 2019$9.9B93Aug 1, 201913F-HRchanges · EDGAR ↗
Q1 2019$10.0B97May 10, 201913F-HRchanges · EDGAR ↗
Q4 2018$9.0B113Feb 8, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.