13F HOLDINGS REPORT
PCJ Investment Counsel Ltd.
Quarter ended Q1 2025 · Filed May 12, 2025 · Accession 0001426318-25-000003
Total Value
$255.7M
Positions
64
Other Managers
0
Confidential Omitted
No
Holdings (64)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | BROOKFIELD BUSINESS PARTNERS | BBUC | 1,305,154 | $30.6M | 11.96% |
| 2 | CRH PLC | CRH | 193,640 | $17.0M | 6.66% |
| 3 | RB GLOBAL INC | RBA | 160,300 | $16.1M | 6.29% |
| 4 | ENERFLEX LTD | EFXT | 1,349,730 | $10.4M | 4.08% |
| 5 | BROOKFIELD INFRAST PARTNERS | G16252101 | 305,430 | $9.1M | 3.56% |
| 6 | BERRY GLOBAL GROUP INC | 08579W103 | 119,460 | $8.3M | 3.26% |
| 7 | CANADIAN NAT RES LTD | 136385101 | 268,230 | $8.3M | 3.23% |
| 8 | CAE INC | CAE | 334,100 | $8.2M | 3.21% |
| 9 | ROYAL BK CDA | 780087102 | 70,540 | $7.9M | 3.11% |
| 10 | SHOPIFY INC | SHOP | 66,480 | $6.3M | 2.47% |
| 11 | MAG SILVER CORP | 55903Q104 | 391,930 | $6.0M | 2.33% |
| 12 | TORONTO DOMINION BK ONT | TORO | 99,420 | $6.0M | 2.33% |
| 13 | BANK MONTREAL QUE | 063671101 | 56,870 | $5.4M | 2.12% |
| 14 | KINROSS GOLD CORP | KGCRF | 420,230 | $5.3M | 2.07% |
| 15 | AERCAP HOLDINGS NV | AER | 51,360 | $5.2M | 2.05% |
| 16 | ROGERS COMMUNICATIONS INC | RCIAF | 187,150 | $5.0M | 1.96% |
| 17 | NEW GOLD INC CDA | 644535106 | 1,334,850 | $4.9M | 1.93% |
| 18 | BROOKFIELD CORP | 11271J107 | 93,230 | $4.9M | 1.91% |
| 19 | ENBRIDGE INC | ENNPF | 103,370 | $4.6M | 1.79% |
| 20 | OSISKO GOLD ROYALTIES LTD | 68827L101 | 201,220 | $4.2M | 1.66% |
| 21 | MANULIFE FINL CORP | 56501R106 | 131,951 | $4.1M | 1.61% |
| 22 | AGNICO EAGLE MINES LTD | AEM | 34,450 | $3.7M | 1.46% |
| 23 | CARVANA CO | CVNA | 17,480 | $3.7M | 1.43% |
| 24 | IAMGOLD CORP | IAG | 584,140 | $3.6M | 1.43% |
| 25 | DESCARTES SYS GROUP INC | 249906108 | 35,710 | $3.6M | 1.41% |
| 26 | CANADIAN PACIFIC KANSAS CITY | CP | 44,440 | $3.1M | 1.22% |
| 27 | EQUINOX GOLD CORP | EQX | 431,330 | $3.0M | 1.16% |
| 28 | WHEATON PRECIOUS METALS CORP | WPM | 36,530 | $2.8M | 1.11% |
| 29 | FORTUNA MNG CORP | 349942102 | 430,700 | $2.6M | 1.02% |
| 30 | WASTE CONNECTIONS INC | WCN | 13,210 | $2.6M | 1.01% |
| 31 | SUNCOR ENERGY INC NEW | SU | 64,000 | $2.5M | 0.97% |
| 32 | TC ENERGY CORP | TRPRF | 49,750 | $2.3M | 0.92% |
| 33 | GILDAN ACTIVEWEAR INC | GIL | 49,080 | $2.2M | 0.85% |
| 34 | PEMBINA PIPELINE CORP | PPLOF | 53,800 | $2.2M | 0.84% |
| 35 | TELESAT CORP | TSAT | 112,800 | $2.1M | 0.82% |
| 36 | CANADIAN NATL RY CO | 136375102 | 20,960 | $2.0M | 0.80% |
| 37 | DENISON MINES CORP | DNN | 1,552,420 | $2.0M | 0.79% |
| 38 | FIRST MAJESTIC SILVER CORP | AG | 300,470 | $2.0M | 0.79% |
| 39 | DOCEBO INC | DCBO | 68,614 | $2.0M | 0.77% |
| 40 | COVENANT LOGISTICS GROUP INC | CVLG | 86,000 | $1.9M | 0.75% |
| 41 | CANADIAN IMPERIAL BK COMM | CNDIF | 32,500 | $1.8M | 0.72% |
| 42 | ALAMOS GOLD INC NEW | AGI | 62,180 | $1.7M | 0.65% |
| 43 | BANK NOVA SCOTIA HALIFAX | 064149107 | 34,510 | $1.6M | 0.64% |
| 44 | PAN AMERN SILVER CORP | 697900108 | 58,000 | $1.5M | 0.59% |
| 45 | SKEENA RES LTD NEW | 83056P715 | 146,260 | $1.5M | 0.58% |
| 46 | NEXGEN ENERGY LTD | NXE | 322,140 | $1.4M | 0.56% |
| 47 | GFL ENVIRONMENTAL INC | GFL | 28,780 | $1.4M | 0.54% |
| 48 | THOMSON REUTERS CORP | TMSOF | 7,946 | $1.4M | 0.54% |
| 49 | ORLA MNG LTD NEW | 68634K106 | 146,630 | $1.4M | 0.54% |
| 50 | TELUS CORPORATION | TU | 95,380 | $1.4M | 0.54% |
| 51 | NUTRIEN LTD | NTR | 23,710 | $1.2M | 0.46% |
| 52 | SCHWAB CHARLES CORP | SCHW-PJ | 15,000 | $1.2M | 0.46% |
| 53 | XPO INC | XPO | 10,500 | $1.1M | 0.44% |
| 54 | LIGHTSPEED COMMERCE INC | LSPD | 126,420 | $1.1M | 0.43% |
| 55 | CGI INC | GIB | 10,810 | $1.1M | 0.42% |
| 56 | CENOVUS ENERGY INC | CVE | 77,300 | $1.1M | 0.42% |
| 57 | CENTERRA GOLD INC | CGAU | 165,710 | $1.1M | 0.41% |
| 58 | GE AEROSPACE | 369604301 | 5,000 | $1.0M | 0.39% |
| 59 | PARKER-HANNIFIN CORP | PH | 1,500 | $911,775 | 0.36% |
| 60 | CAMECO CORP | CCJ | 20,450 | $841,986 | 0.33% |
| 61 | PRECISION DRILLING CORP | PDS | 16,830 | $782,540 | 0.31% |
| 62 | TECK RESOURCES LTD | TCKRF | 21,170 | $771,284 | 0.30% |
| 63 | HUDBAY MINERALS INC | HBM | 50,080 | $379,739 | 0.15% |
| 64 | ALGOMA STL GROUP INC | 015658107 | 50,080 | $271,839 | 0.11% |