13F HOLDINGS REPORT
LETKO, BROSSEAU & ASSOCIATES INC
Quarter ended Q4 2025 · Filed February 11, 2026 · Accession 0001297496-26-000003
Total Value
$6.11B
Positions
100
Other Managers
0
Confidential Omitted
No
Holdings (100)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | BANK NOVA SCOTIA HALIFAX | 064149107 | 3,725,790 | $275.1M | 4.51% |
| 2 | ALPHABET INC | GOOG | 837,666 | $262.9M | 4.30% |
| 3 | TORONTO DOMINION BK ONT | TORO | 2,742,748 | $258.8M | 4.24% |
| 4 | ROGERS COMMUNICATIONS INC | RCIAF | 6,621,447 | $250.3M | 4.10% |
| 5 | ROYAL BK CDA | 780087102 | 1,465,322 | $250.1M | 4.10% |
| 6 | MANULIFE FINL CORP | 56501R106 | 6,151,217 | $223.7M | 3.66% |
| 7 | BANK MONTREAL QUE | 063671101 | 1,674,225 | $217.7M | 3.56% |
| 8 | MAGNA INTL INC | 559222401 | 4,067,800 | $217.1M | 3.56% |
| 9 | SUN LIFE FINANCIAL INC. | SUNFF | 3,208,223 | $200.5M | 3.28% |
| 10 | BARRICK MNG CORP | 06849F108 | 4,587,350 | $200.1M | 3.28% |
| 11 | OPEN TEXT CORP | OTEX | 5,681,093 | $185.3M | 3.03% |
| 12 | NUTRIEN LTD | NTR | 2,910,084 | $179.9M | 2.94% |
| 13 | BCE INC | BCPPF | 7,338,441 | $175.3M | 2.87% |
| 14 | CANADIAN IMPERIAL BANK OF CO | CNDIF | 1,812,262 | $164.5M | 2.69% |
| 15 | META PLATFORMS INC | META | 198,547 | $131.1M | 2.15% |
| 16 | ILLUMINA INC | ILMN | 858,993 | $112.7M | 1.84% |
| 17 | INTEL CORP | INTC | 2,993,420 | $110.5M | 1.81% |
| 18 | AT&T INC | T-PC | 4,130,100 | $102.6M | 1.68% |
| 19 | CENOVUS ENERGY INC | CVE | 5,949,541 | $100.8M | 1.65% |
| 20 | CAE INC | CAE | 3,219,140 | $98.0M | 1.60% |
| 21 | PFIZER INC | PFE | 3,878,438 | $96.6M | 1.58% |
| 22 | CITIGROUP INC | C-PR | 810,460 | $94.6M | 1.55% |
| 23 | TELUS CORPORATION | TU | 6,775,387 | $89.4M | 1.46% |
| 24 | CVS HEALTH CORP | CVS | 1,111,860 | $88.2M | 1.44% |
| 25 | STATE STR CORP | STT-PG | 668,226 | $86.2M | 1.41% |
| 26 | TRUIST FINL CORP | 89832Q109 | 1,696,756 | $83.5M | 1.37% |
| 27 | GSK PLC | GLAXF | 1,674,863 | $82.1M | 1.34% |
| 28 | ADOBE INC | ADBE | 226,696 | $79.3M | 1.30% |
| 29 | CANADIAN NATL RY CO | 136375102 | 773,340 | $76.6M | 1.25% |
| 30 | EASTMAN CHEM CO | EMN | 1,194,421 | $76.2M | 1.25% |
| 31 | SUNCOR ENERGY INC NEW | SU | 1,661,252 | $73.8M | 1.21% |
| 32 | TOTALENERGIES SE | TTE | 1,106,404 | $72.2M | 1.18% |
| 33 | WEST FRASER TIMBER CO LTD | WFG | 1,171,348 | $71.8M | 1.17% |
| 34 | VERIZON COMMUNICATIONS INC | VZ | 1,712,944 | $69.8M | 1.14% |
| 35 | COMPANHIA PARANAENSE DE ENER | 20441B704 | 7,276,402 | $69.2M | 1.13% |
| 36 | COMCAST CORP NEW | CCZ | 2,265,221 | $67.7M | 1.11% |
| 37 | ABBVIE INC | ABBV | 285,104 | $65.1M | 1.07% |
| 38 | FEDEX CORP | FDX | 223,597 | $64.6M | 1.06% |
| 39 | TECK RESOURCES LTD | TCKRF | 1,216,592 | $58.3M | 0.95% |
| 40 | BANK AMERICA CORP | 060505104 | 979,815 | $53.9M | 0.88% |
| 41 | WELLS FARGO CO NEW | 949746101 | 577,544 | $53.8M | 0.88% |
| 42 | CIRRUS LOGIC INC | CRUS | 450,284 | $53.4M | 0.87% |
| 43 | COMPANHIA DE SANEAMENTO BASI | SBS | 2,216,854 | $52.9M | 0.87% |
| 44 | GRAPHIC PACKAGING HLDG CO | GPK | 3,451,510 | $52.0M | 0.85% |
| 45 | CEMEX SAB DE CV | CXMSF | 3,823,500 | $43.9M | 0.72% |
| 46 | ENERFLEX LTD | EFXT | 2,815,688 | $43.5M | 0.71% |
| 47 | SKYWORKS SOLUTIONS INC | SWKS | 671,432 | $42.6M | 0.70% |
| 48 | INVESCO LTD | IVZ | 1,575,463 | $41.4M | 0.68% |
| 49 | RESTAURANT BRANDS INTL INC | 76131D103 | 604,192 | $41.3M | 0.68% |
| 50 | CONOCOPHILLIPS | COP | 430,664 | $40.3M | 0.66% |
| 51 | MERCK & CO INC | MRK | 370,534 | $39.0M | 0.64% |
| 52 | LULULEMON ATHLETICA INC | LULU | 176,638 | $36.7M | 0.60% |
| 53 | UNITED PARCEL SERVICE INC | UPS | 358,175 | $35.5M | 0.58% |
| 54 | MACERICH CO | MAC | 1,876,270 | $34.6M | 0.57% |
| 55 | HUDBAY MINERALS INC | HBM | 1,569,583 | $31.2M | 0.51% |
| 56 | ADIENT PLC | ADNT | 1,576,385 | $30.2M | 0.49% |
| 57 | CREDICORP LTD | BAP | 101,221 | $29.1M | 0.48% |
| 58 | COPA HOLDINGS SA | CPA | 195,203 | $23.5M | 0.39% |
| 59 | WALMART INC | WMT | 207,606 | $23.1M | 0.38% |
| 60 | BIOGEN INC | BIIB | 129,780 | $22.8M | 0.37% |
| 61 | MODERNA INC | MRNA | 726,440 | $21.4M | 0.35% |
| 62 | CHEVRON CORP NEW | CVX | 132,485 | $20.2M | 0.33% |
| 63 | ICICI BANK LIMITED | IBN | 427,852 | $12.7M | 0.21% |
| 64 | SPRINKLR INC | CXM | 1,435,075 | $11.2M | 0.18% |
| 65 | PROFOUND MED CORP | PROF | 970,675 | $7.6M | 0.12% |
| 66 | HDFC BANK LTD | HDB | 177,035 | $6.5M | 0.11% |
| 67 | SMURFIT WESTROCK PLC | SW | 97,909 | $3.8M | 0.06% |
| 68 | SPDR SERIES TRUST | 78464A870 | 32,825 | $3.7M | 0.06% |
| 69 | SCHWAB CHARLES CORP | SCHW-PJ | 19,746 | $2.0M | 0.03% |
| 70 | ING GROEP N.V. | INGVF | 48,925 | $1.4M | 0.02% |
| 71 | SALESFORCE INC | CRM | 3,400 | $900,694 | 0.01% |
| 72 | PEMBINA PIPELINE CORP | PPLOF | 23,250 | $886,918 | 0.01% |
| 73 | FRANKLIN TEMPLETON ETF TR | FGDL | 22,950 | $885,641 | 0.01% |
| 74 | SHELL PLC | RYDAF | 9,085 | $667,566 | 0.01% |
| 75 | FREEPORT-MCMORAN INC | FCX | 9,625 | $488,854 | 0.01% |
| 76 | VALE S A | VALE | 36,650 | $477,550 | 0.01% |
| 77 | EMERA INC | EMRJF | 8,485 | $418,694 | 0.01% |
| 78 | ERO COPPER CORP | ERO | 14,700 | $416,415 | 0.01% |
| 79 | NEWAMSTERDAM PHARMA COMPANY | NAMSW | 11,775 | $413,067 | 0.01% |
| 80 | FORTIS INC | FTRSF | 7,900 | $411,267 | 0.01% |
| 81 | NXP SEMICONDUCTORS N V | NXPI | 1,775 | $385,282 | 0.01% |
| 82 | PALVELLA THERAPEUTICS INC NE | PVLA | 3,500 | $366,345 | 0.01% |
| 83 | ALBEMARLE CORP | ALB-PA | 2,475 | $350,064 | 0.01% |
| 84 | ALPHABET INC | GOOG | 1,092 | $341,796 | 0.01% |
| 85 | MICROSOFT CORP | MSFT | 639 | $309,033 | 0.01% |
| 86 | ARS PHARMACEUTICALS INC | SPRY | 24,700 | $287,755 | 0.00% |
| 87 | ORACLE CORP | ORCL-PD | 1,420 | $276,772 | 0.00% |
| 88 | AMRIZE LTD | AMRZ | 4,941 | $271,732 | 0.00% |
| 89 | MEIRAGTX HLDGS PLC | MGTX | 32,000 | $254,400 | 0.00% |
| 90 | AQUESTIVE THERAPEUTICS INC | AQST | 35,325 | $228,200 | 0.00% |
| 91 | CABALETTA BIO INC | CABA | 90,475 | $198,140 | 0.00% |
| 92 | BICARA THERAPEUTICS INC | BCAX | 11,175 | $188,075 | 0.00% |
| 93 | AURA BIOSCIENCES INC | AURA | 28,300 | $154,235 | 0.00% |
| 94 | TENAX THERAPEUTICS INC | TENX | 10,650 | $129,824 | 0.00% |
| 95 | GOSSAMER BIO INC | GOSS | 39,400 | $122,140 | 0.00% |
| 96 | REPLIMUNE GROUP INC | REPL | 10,800 | $104,976 | 0.00% |
| 97 | TSCAN THERAPEUTICS INC | TCRX | 95,875 | $95,875 | 0.00% |
| 98 | ALDEYRA THERAPEUTICS INC | ALDX | 17,300 | $89,614 | 0.00% |
| 99 | HUMACYTE INC | HUMAW | 45,950 | $44,135 | 0.00% |
| 100 | PROKIDNEY CORP | PROK | 15,900 | $35,616 | 0.00% |