13F holdings
LETKO, BROSSEAU & ASSOCIATES INC portfolio
Managed by . 101 reported positions worth $6.2B as of 2026-03-31, filed with the SEC on 2026-05-12. Parsed from the filing itself, not a reseller.
$6.2B
Book value
101
Positions
36%
Top 10 weight
+2
New this quarter
-1
Exited
134 days
Age today
How old this actually is
Every position on this page is a snapshot of 2026-03-31. It was already 42 days old on 2026-05-12, the day it first became public. Today it is 134 days old.
That lag is the law, not a service level — Rule 13f-1 gives managers 45 days after quarter end to file, and no product can shorten it. A fund can have sold every share below before you read this sentence. Treat it as a record of what happened, never as a position you can follow.
What changed
Positions opened and closed
Against its 2025-12-31 filing. This is the part worth reading — the holdings table below is mostly years old.
New positions (2)
| Ticker | Issuer | Value | Shares | % of book |
|---|---|---|---|---|
| ELVN | ENLIVEN THERAPEUTICS INC | $376,320 | 9,600 | 0.01% |
| KMB | KIMBERLY-CLARK CORP | $216,093 | 2,240 | 0.00% |
Closed out (1)
| Ticker | Issuer | Was worth | Shares | % of book |
|---|---|---|---|---|
| SHEL | SHELL PLC | $667,566 | 9,085 | 0.00% |
Added to (23)
| Ticker | Issuer | Value | Shares | % of book | Shares Δ |
|---|---|---|---|---|---|
| SLF | SUN LIFE FINANCIAL INC. | $203.9M | 3,264,408 | 3.29% | +2% |
| BCE | BCE INC | $190.3M | 7,564,328 | 3.07% | +3% |
| OTEX | OPEN TEXT CORP | $173.1M | 7,790,553 | 2.79% | +37% |
| PFE | PFIZER INC | $114.8M | 4,090,013 | 1.85% | +5% |
| META | META PLATFORMS INC | $114.8M | 200,645 | 1.85% | +1% |
| CNI | CANADIAN NATL RY CO | $107.9M | 1,051,605 | 1.74% | +36% |
| TU | TELUS CORPORATION | $95.3M | 7,440,412 | 1.54% | +10% |
| ELPC | COMPANHIA PARANAENSE DE ENER | $94.5M | 7,912,737 | 1.52% | +9% |
| ADBE | ADOBE INC | $93.0M | 382,493 | 1.50% | +69% |
| WFG | WEST FRASER TIMBER LTD | $92.3M | 1,417,201 | 1.49% | +21% |
| SBS | COMPANHIA DE SANEAMENTO BASI | $71.7M | 2,348,569 | 1.15% | +6% |
| CRM | SALESFORCE INC | $66.6M | 356,710 | 1.07% | +10391% |
| MSFT | MICROSOFT CORP | $63.3M | 171,013 | 1.02% | +26663% |
| QSR | RESTAURANT BRANDS INTL INC | $49.4M | 669,617 | 0.80% | +11% |
| SWKS | SKYWORKS SOLUTIONS INC | $48.9M | 912,697 | 0.79% | +36% |
Trimmed (35)
| Ticker | Issuer | Value | Shares | % of book | Shares Δ |
|---|---|---|---|---|---|
| SU | SUNCOR ENERGY INC NEW | $17.7M | 269,162 | 0.29% | -84% |
| IBN | ICICI BANK LIMITED | $3.2M | 122,627 | 0.05% | -71% |
| INTC | INTEL CORP | $89.5M | 2,028,470 | 1.44% | -32% |
| HBM | HUDBAY MINERALS INC | $22.9M | 1,097,248 | 0.37% | -30% |
| IVZ | INVESCO LTD | $29.1M | 1,198,263 | 0.47% | -24% |
| C | CITIGROUP INC | $71.6M | 631,490 | 1.15% | -22% |
| STT | STATE STR CORP | $68.9M | 544,456 | 1.11% | -19% |
| B | BARRICK MNG CORP | $158.2M | 3,884,565 | 2.55% | -15% |
| CM | CANADIAN IMPERIAL BANK OF CO | $147.9M | 1,565,632 | 2.38% | -14% |
| CXM | SPRINKLR INC | $7.5M | 1,246,275 | 0.12% | -13% |
| TECK | TECK RESOURCES LTD | $55.9M | 1,082,762 | 0.90% | -11% |
| SCHW | SCHWAB CHARLES CORP | $1.7M | 17,771 | 0.03% | -10% |
| EFXT | ENERFLEX LTD | $53.8M | 2,580,213 | 0.87% | -8% |
| TD | TORONTO DOMINION BK ONT | $234.2M | 2,516,065 | 3.78% | -8% |
| TFC | TRUIST FINL CORP | $72.1M | 1,567,796 | 1.16% | -8% |
The book
All reported holdings
| Ticker | Issuer | Value | Shares | % of book | Shares Δ |
|---|---|---|---|---|---|
| RCI | ROGERS COMMUNICATIONS INC | $249.6M | 6,511,597 | 4.02% | — |
| BNS | BANK NOVA SCOTIA B C | $242.7M | 3,510,666 | 3.91% | — |
| GOOG | ALPHABET INC | $239.0M | 833,098 | 3.85% | — |
| TD | TORONTO DOMINION BK ONT | $234.2M | 2,516,065 | 3.78% | — |
| RY | ROYAL BK CDA | $229.3M | 1,423,097 | 3.70% | — |
| MGA | MAGNA INTL INC | $219.8M | 3,948,448 | 3.54% | — |
| BMO | BANK MONTREAL MEDIUM | $213.3M | 1,580,030 | 3.44% | — |
| NTR | NUTRIEN LTD | $207.4M | 2,756,910 | 3.34% | — |
| MFC | MANULIFE FINL CORP | $207.3M | 6,038,452 | 3.34% | — |
| SLF | SUN LIFE FINANCIAL INC. | $203.9M | 3,264,408 | 3.29% | — |
| BCE | BCE INC | $190.3M | 7,564,328 | 3.07% | — |
| OTEX | OPEN TEXT CORP | $173.1M | 7,790,553 | 2.79% | — |
| B | BARRICK MNG CORP | $158.2M | 3,884,565 | 2.55% | — |
| CVE | CENOVUS ENERGY INC | $151.1M | 5,711,489 | 2.44% | — |
| CM | CANADIAN IMPERIAL BANK OF CO | $147.9M | 1,565,632 | 2.38% | — |
| T | AT&T INC | $119.5M | 4,121,700 | 1.93% | — |
| PFE | PFIZER INC | $114.8M | 4,090,013 | 1.85% | — |
| META | META PLATFORMS INC | $114.8M | 200,645 | 1.85% | — |
| CNI | CANADIAN NATL RY CO | $107.9M | 1,051,605 | 1.74% | — |
| ILMN | ILLUMINA INC | $105.1M | 852,903 | 1.69% | — |
| TTE | TOTALENERGIES SE | $100.8M | 1,081,079 | 1.62% | — |
| TU | TELUS CORPORATION | $95.3M | 7,440,412 | 1.54% | — |
| ELPC | COMPANHIA PARANAENSE DE ENER | $94.5M | 7,912,737 | 1.52% | — |
| ADBE | ADOBE INC | $93.0M | 382,493 | 1.50% | — |
| WFG | WEST FRASER TIMBER LTD | $92.3M | 1,417,201 | 1.49% | — |
| EMN | EASTMAN CHEM CO | $91.1M | 1,193,346 | 1.47% | — |
| GSK | GSK PLC | $90.8M | 1,644,613 | 1.46% | — |
| INTC | INTEL CORP | $89.5M | 2,028,470 | 1.44% | — |
| VZ | VERIZON COMMUNICATIONS INC | $85.5M | 1,702,224 | 1.38% | — |
| CAE | CAE INC | $81.0M | 3,122,440 | 1.31% | — |
| CVS | CVS HEALTH CORP | $80.1M | 1,114,735 | 1.29% | — |
| FDX | FEDEX CORP | $77.5M | 217,512 | 1.25% | — |
| TFC | TRUIST FINL CORP | $72.1M | 1,567,796 | 1.16% | — |
| SBS | COMPANHIA DE SANEAMENTO BASI | $71.7M | 2,348,569 | 1.15% | — |
| C | CITIGROUP INC | $71.6M | 631,490 | 1.15% | — |
| STT | STATE STR CORP | $68.9M | 544,456 | 1.11% | — |
| CRM | SALESFORCE INC | $66.6M | 356,710 | 1.07% | — |
| CMCSA | COMCAST CORP NEW | $65.6M | 2,284,956 | 1.06% | — |
| CRUS | CIRRUS LOGIC INC | $65.0M | 449,504 | 1.05% | — |
| MSFT | MICROSOFT CORP | $63.3M | 171,013 | 1.02% | — |
| ABBV | ABBVIE INC | $59.8M | 275,149 | 0.96% | — |
| TECK | TECK RESOURCES LTD | $55.9M | 1,082,762 | 0.90% | — |
| COP | CONOCOPHILLIPS | $55.5M | 420,604 | 0.89% | — |
| EFXT | ENERFLEX LTD | $53.8M | 2,580,213 | 0.87% | — |
| QSR | RESTAURANT BRANDS INTL INC | $49.4M | 669,617 | 0.80% | — |
| SWKS | SKYWORKS SOLUTIONS INC | $48.9M | 912,697 | 0.79% | — |
| BAC | BANK AMERICA CORP | $47.6M | 975,440 | 0.77% | — |
| WFC | WELLS FARGO & CO | $45.7M | 573,819 | 0.74% | — |
| CX | CEMEX SA EURO MTN BE 144A | $44.0M | 3,844,250 | 0.71% | — |
| MRK | MERCK & CO INC | $43.1M | 358,019 | 0.69% | — |
| MRNA | MODERNA INC | $38.0M | 748,815 | 0.61% | — |
| UPS | UNITED PARCEL SVCS INC | $35.6M | 361,555 | 0.57% | — |
| MAC | MACERICH CO | $35.6M | 1,881,745 | 0.57% | — |
| GPK | GRAPHIC PACKAGING HLDG CO | $34.5M | 3,470,560 | 0.56% | — |
| ADNT | ADIENT PLC | $32.7M | 1,617,406 | 0.53% | — |
| BAP | CREDICORP LTD | $32.7M | 96,346 | 0.53% | — |
| IVZ | INVESCO LTD | $29.1M | 1,198,263 | 0.47% | — |
| LULU | LULULEMON ATHLETICA INC | $28.1M | 183,843 | 0.45% | — |
| BIIB | BIOGEN INC | $27.7M | 150,865 | 0.45% | — |
| CVX | CHEVRON CORPORATION | $27.3M | 131,760 | 0.44% | — |
| WMT | WALMART INC | $24.8M | 199,426 | 0.40% | — |
| CPA | COPA HOLDINGS SA | $23.0M | 202,803 | 0.37% | — |
| HBM | HUDBAY MINERALS INC | $22.9M | 1,097,248 | 0.37% | — |
| SU | SUNCOR ENERGY INC NEW | $17.7M | 269,162 | 0.29% | — |
| HDB | HDFC BANK LTD | $8.9M | 356,210 | 0.14% | — |
| CXM | SPRINKLR INC | $7.5M | 1,246,275 | 0.12% | — |
| PROF | PROFOUND MED CORP | $6.1M | 953,175 | 0.10% | — |
| XBI | SPDR SERIES TRUST | $4.2M | 32,825 | 0.07% | — |
| SW | SMURFIT WESTROCK PLC | $3.8M | 95,909 | 0.06% | — |
| IBN | ICICI BANK LIMITED | $3.2M | 122,627 | 0.05% | — |
| SCHW | SCHWAB CHARLES CORP | $1.7M | 17,771 | 0.03% | — |
| ING | ING GROEP N.V. | $1.2M | 47,274 | 0.02% | — |
| PBA | PEMBINA PIPELINE CORP | $1.2M | 26,600 | 0.02% | — |
| FLIN | FRANKLIN TEMPLETON ETF TR | $1.1M | 32,275 | 0.02% | — |
| VALE | VALE S A | $583,102 | 36,650 | 0.01% | — |
| FCX | FREEPORT MCMORAN INC | $565,758 | 9,625 | 0.01% | — |
| ALB | ALBEMARLE CORP | $444,337 | 2,475 | 0.01% | — |
| FTS | FORTIS INC | $439,339 | 7,900 | 0.01% | — |
| EMA | EMERA INC | $438,432 | 8,485 | 0.01% | — |
| PVLA | PALVELLA THERAPEUTICS INC NE | $436,275 | 3,500 | 0.01% | — |
| ERO | ERO COPPER CORP | $390,476 | 14,700 | 0.01% | — |
| NAMS | NEWAMSTERDAM PHARMA COMPANY | $376,918 | 11,775 | 0.01% | — |
| ELVN | ENLIVEN THERAPEUTICS INC | $376,320 | 9,600 | 0.01% | — |
| NXPI | NXP SEMICONDUCTORS N V | $349,427 | 1,775 | 0.01% | — |
| GOOGL | ALPHABET INC | $314,016 | 1,092 | 0.01% | — |
| MGTX | MEIRAGTX HLDGS PLC | $277,120 | 32,000 | 0.00% | — |
| AMRZ | AMRIZE LTD | $267,726 | 4,941 | 0.00% | — |
| CABA | CABALETTA BIO INC | $243,378 | 90,475 | 0.00% | — |
| BCAX | BICARA THERAPEUTICS INC | $222,271 | 11,175 | 0.00% | — |
| KMB | KIMBERLY-CLARK CORP | $216,093 | 2,240 | 0.00% | — |
| ORCL | ORACLE CORP | $208,896 | 1,420 | 0.00% | — |
| SPRY | ARS PHARMACEUTICALS INC | $198,341 | 24,700 | 0.00% | — |
| AURA | AURA BIOSCIENCES INC | $189,327 | 28,300 | 0.00% | — |
| TENX | TENAX THERAPEUTICS INC | $170,294 | 10,650 | 0.00% | — |
| AQST | AQUESTIVE THERAPEUTICS INC | $146,599 | 35,325 | 0.00% | — |
| TCRX | TSCAN THERAPEUTICS INC | $96,834 | 95,875 | 0.00% | — |
| REPL | REPLIMUNE GROUP INC | $82,620 | 10,800 | 0.00% | — |
| ALDX | ALDEYRA THERAPEUTICS INC | $29,237 | 17,300 | 0.00% | — |
| PROK | PROKIDNEY CORP | $28,461 | 15,900 | 0.00% | — |
| HUMA | HUMACYTE INC | $27,878 | 45,950 | 0.00% | — |
| GOSS | GOSSAMER BIO INC | $12,943 | 39,400 | 0.00% | — |
Rows are aggregated by CUSIP — a manager files the same security multiple times when different internal desks hold it. Tickers link to our own backtest of that asset where we cover it.
Read the original
This page was built from one document: the 2026-03-31 Form 13F info table filed by LETKO, BROSSEAU & ASSOCIATES INC (CIK 1297496, accession 0001297496-26-000005). Every other 13F site is reading the same file.
If anything here disagrees with it, the filing wins — and we would want to know. All 13F filings by this manager
What a 13F cannot show you
A 13F is a long-only equity snapshot, and the holes in it are structural. Anyone selling you this data as "what the smart money is doing" is selling you one leg of a position:
- No short positions. None, ever. A fund shown here as bullish may be net short the same name through a book you cannot see.
- No cash, bonds, FX, commodities or non-US listings. A macro fund's entire thesis can be invisible.
- No intra-quarter round trips. Bought and sold inside the same quarter means it never appears at all.
- Options are notional, not ownership. We keep puts and calls in a separate bucket rather than adding their notional into a fund's book size, which is how a $2B fund gets reported as a $20B one.
- Confidential treatment. Managers can ask the SEC to withhold a position while they build it. Those holdings are legally absent from the filing, so a "new" position may be months old.
Tested and published by IndicatorEdge · backtest grid generated 2026-06-25 · base rates recomputed 2026-07-31 · how we test
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