13F HOLDINGS REPORT
LETKO, BROSSEAU & ASSOCIATES INC
Quarter ended Q2 2025 · Filed August 8, 2025 · Accession 0001297496-25-000022
Total Value
$5.23B
Positions
93
Other Managers
0
Confidential Omitted
No
Holdings (93)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | TORONTO DOMINION BK ONT | TORO | 3,184,648 | $233.8M | 4.47% |
| 2 | BANK NOVA SCOTIA HALIFAX | 064149107 | 4,052,095 | $223.6M | 4.28% |
| 3 | ROYAL BK CDA | 780087102 | 1,528,535 | $201.0M | 3.85% |
| 4 | BANK MONTREAL QUE | 063671101 | 1,809,299 | $200.1M | 3.83% |
| 5 | ROGERS COMMUNICATIONS INC | RCIAF | 6,753,987 | $199.9M | 3.82% |
| 6 | MANULIFE FINL CORP | 56501R106 | 6,254,242 | $199.6M | 3.82% |
| 7 | SUN LIFE FINANCIAL INC. | SUNFF | 2,748,794 | $182.5M | 3.49% |
| 8 | NUTRIEN LTD | NTR | 2,942,763 | $171.1M | 3.27% |
| 9 | OPEN TEXT CORP | OTEX | 5,649,818 | $164.8M | 3.15% |
| 10 | MAGNA INTL INC | 559222401 | 4,051,430 | $156.3M | 2.99% |
| 11 | META PLATFORMS INC | META | 210,251 | $155.2M | 2.97% |
| 12 | ALPHABET INC | GOOG | 866,925 | $153.8M | 2.94% |
| 13 | CANADIAN IMPERIAL BK COMM | CNDIF | 1,953,602 | $138.4M | 2.65% |
| 14 | BCE INC | BCPPF | 5,647,934 | $125.0M | 2.39% |
| 15 | AT&T INC | T-PC | 4,171,125 | $120.7M | 2.31% |
| 16 | TELUS CORPORATION | TU | 6,595,437 | $105.7M | 2.02% |
| 17 | BARRICK MNG CORP | 06849F108 | 5,016,025 | $104.2M | 1.99% |
| 18 | CAE INC | CAE | 3,323,765 | $97.2M | 1.86% |
| 19 | PFIZER INC | PFE | 3,985,888 | $96.6M | 1.85% |
| 20 | HUDBAY MINERALS INC | HBM | 8,062,733 | $85.4M | 1.63% |
| 21 | CITIGROUP INC | C-PR | 974,477 | $82.9M | 1.59% |
| 22 | CENOVUS ENERGY INC | CVE | 6,057,328 | $82.3M | 1.57% |
| 23 | WEST FRASER TIMBER CO LTD | WFG | 1,118,854 | $81.9M | 1.57% |
| 24 | ILLUMINA INC | ILMN | 853,568 | $81.4M | 1.56% |
| 25 | SUNCOR ENERGY INC NEW | SU | 2,085,227 | $78.0M | 1.49% |
| 26 | CVS HEALTH CORP | CVS | 1,112,085 | $76.7M | 1.47% |
| 27 | STATE STR CORP | STT-PG | 691,061 | $73.5M | 1.41% |
| 28 | TRUIST FINL CORP | 89832Q109 | 1,672,481 | $71.9M | 1.38% |
| 29 | VERIZON COMMUNICATIONS INC | VZ | 1,650,643 | $71.4M | 1.37% |
| 30 | INTEL CORP | INTC | 2,981,545 | $66.8M | 1.28% |
| 31 | COMCAST CORP NEW | CCZ | 1,827,581 | $65.2M | 1.25% |
| 32 | ADOBE INC | ADBE | 167,255 | $64.7M | 1.24% |
| 33 | GSK PLC | GLAXF | 1,661,268 | $63.8M | 1.22% |
| 34 | EASTMAN CHEM CO | EMN | 850,596 | $63.5M | 1.21% |
| 35 | COMPANHIA PARANAENSE DE ENER | 20441B605 | 6,704,446 | $61.2M | 1.17% |
| 36 | GILEAD SCIENCES INC | GILD | 533,520 | $59.2M | 1.13% |
| 37 | TECK RESOURCES LTD | TCKRF | 1,450,103 | $58.5M | 1.12% |
| 38 | SKYWORKS SOLUTIONS INC | SWKS | 769,616 | $57.4M | 1.10% |
| 39 | WELLS FARGO CO NEW | 949746101 | 694,154 | $55.6M | 1.06% |
| 40 | ABBVIE INC | ABBV | 296,984 | $55.1M | 1.05% |
| 41 | COMPANHIA DE SANEAMENTO BASI | SBS | 2,253,589 | $49.5M | 0.95% |
| 42 | FEDEX CORP | FDX | 208,982 | $47.5M | 0.91% |
| 43 | CIRRUS LOGIC INC | CRUS | 449,054 | $46.8M | 0.90% |
| 44 | BANK AMERICA CORP | 060505104 | 987,262 | $46.7M | 0.89% |
| 45 | SHELL PLC | RYDAF | 635,852 | $44.8M | 0.86% |
| 46 | ENERFLEX LTD | EFXT | 5,055,911 | $39.8M | 0.76% |
| 47 | WALMART INC | WMT | 406,121 | $39.7M | 0.76% |
| 48 | CONOCOPHILLIPS | COP | 425,685 | $38.2M | 0.73% |
| 49 | GRAPHIC PACKAGING HLDG CO | GPK | 1,552,760 | $32.7M | 0.63% |
| 50 | RESTAURANT BRANDS INTL INC | 76131D103 | 472,917 | $31.3M | 0.60% |
| 51 | ADIENT PLC | ADNT | 1,481,963 | $28.8M | 0.55% |
| 52 | MERCK & CO INC | MRK | 347,289 | $27.5M | 0.53% |
| 53 | MACERICH CO | MAC | 1,670,295 | $27.0M | 0.52% |
| 54 | CEMEX SAB DE CV | CXMSF | 3,730,300 | $25.9M | 0.49% |
| 55 | MODERNA INC | MRNA | 918,190 | $25.3M | 0.48% |
| 56 | INVESCO LTD | IVZ | 1,602,438 | $25.3M | 0.48% |
| 57 | CREDICORP LTD | BAP | 96,946 | $21.7M | 0.41% |
| 58 | COPA HOLDINGS SA | CPA | 186,803 | $20.5M | 0.39% |
| 59 | HESS CORP | HESM | 131,417 | $18.2M | 0.35% |
| 60 | LULULEMON ATHLETICA INC | LULU | 66,284 | $15.7M | 0.30% |
| 61 | ICICI BANK LIMITED | IBN | 467,102 | $15.7M | 0.30% |
| 62 | SPRINKLR INC | CXM | 1,760,500 | $14.9M | 0.28% |
| 63 | BIOGEN INC | BIIB | 117,655 | $14.8M | 0.28% |
| 64 | AMRIZE LTD | AMRZ | 274,148 | $13.6M | 0.26% |
| 65 | PROFOUND MED CORP | PROF | 1,204,250 | $7.1M | 0.14% |
| 66 | HDFC BANK LTD | HDB | 58,980 | $4.5M | 0.09% |
| 67 | SMURFIT WESTROCK PLC | SW | 90,450 | $3.9M | 0.07% |
| 68 | SPDR SERIES TRUST | 78464A870 | 38,325 | $3.2M | 0.06% |
| 69 | SCHWAB CHARLES CORP | SCHW-PJ | 19,746 | $1.8M | 0.03% |
| 70 | ING GROEP N.V. | INGVF | 49,459 | $1.1M | 0.02% |
| 71 | FRANKLIN TEMPLETON ETF TR | FGDL | 20,975 | $835,434 | 0.02% |
| 72 | ORACLE CORP | ORCL-PD | 3,095 | $676,660 | 0.01% |
| 73 | UNITED PARCEL SERVICE INC | UPS | 6,150 | $620,781 | 0.01% |
| 74 | COMPANHIA PARANAENSE DE ENER | 20441B704 | 68,106 | $580,263 | 0.01% |
| 75 | PEMBINA PIPELINE CORP | PPLOF | 12,875 | $482,447 | 0.01% |
| 76 | ARS PHARMACEUTICALS INC | SPRY | 24,700 | $431,015 | 0.01% |
| 77 | SKECHERS U S A INC | 830566105 | 6,725 | $424,348 | 0.01% |
| 78 | FORTIS INC | FTRSF | 8,500 | $405,035 | 0.01% |
| 79 | EMERA INC | EMRJF | 8,485 | $387,903 | 0.01% |
| 80 | NXP SEMICONDUCTORS N V | NXPI | 1,775 | $387,820 | 0.01% |
| 81 | VALE S A | VALE | 36,650 | $355,872 | 0.01% |
| 82 | MICROSOFT CORP | MSFT | 638 | $317,348 | 0.01% |
| 83 | FREEPORT-MCMORAN INC | FCX | 6,925 | $300,199 | 0.01% |
| 84 | MEIRAGTX HLDGS PLC | MGTX | 45,300 | $295,356 | 0.01% |
| 85 | ERO COPPER CORP | ERO | 14,500 | $244,412 | 0.00% |
| 86 | MINERALYS THERAPEUTICS INC | MLYS | 16,500 | $223,245 | 0.00% |
| 87 | NEWAMSTERDAM PHARMA COMPANY | NAMSW | 11,775 | $213,245 | 0.00% |
| 88 | TSCAN THERAPEUTICS INC | TCRX | 95,875 | $139,019 | 0.00% |
| 89 | AURA BIOSCIENCES INC | AURA | 21,200 | $132,712 | 0.00% |
| 90 | 89BIO INC | 282559103 | 10,700 | $105,074 | 0.00% |
| 91 | REPLIMUNE GROUP INC | REPL | 10,800 | $100,332 | 0.00% |
| 92 | HUMACYTE INC | HUMAW | 45,950 | $96,036 | 0.00% |
| 93 | ALDEYRA THERAPEUTICS INC | ALDX | 17,300 | $66,259 | 0.00% |