PCJ Investment Counsel Ltd. Q1 2025 Filing

Filed May 12, 2025

Portfolio Value

$255.7B

Holdings

64

Report Date

Q1 2025

Filing Type

13F-HR

All Holdings (64 positions)

#StockSharesValue% PortfolioType
1
BBUBROOKFIELD BUSINESS PARTNERS
1,305,154$30.6B11.96%
2
RHCRH PLC
193,640$17.0B6.66%
3
RBARB GLOBAL INC
160,300$16.1B6.29%
4
EFXENERFLEX LTD
1,349,730$10.4B4.08%
5
BIPBROOKFIELD INFRAST PARTNERS
305,430$9.1B3.56%
6
BERYEURBERRY GLOBAL GROUP INC
119,460$8.3B3.26%
7
CRCCANADIAN NAT RES LTD
268,230$8.3B3.23%
8
CAECAE INC
334,100$8.2B3.21%
9
RYROYAL BK CDA
70,540$7.9B3.11%
10
SHOPSHOPIFY INC
66,480$6.3B2.47%
11
MQ8MAG SILVER CORP
391,930$6.0B2.33%
12
TDTORONTO DOMINION BK ONT
99,420$6.0B2.33%
13
BMOBANK MONTREAL QUE
56,870$5.4B2.12%
14
KGCKINROSS GOLD CORP
420,230$5.3B2.07%
15
AERAERCAP HOLDINGS NV
51,360$5.2B2.05%
16
RCI/BROGERS COMMUNICATIONS INC
187,150$5.0B1.96%
17
NGDNEW GOLD INC CDA
1,334,850$4.9B1.93%
18
BNBROOKFIELD CORP
93,230$4.9B1.91%
19
ENBENBRIDGE INC
103,370$4.6B1.79%
20
OREUROSISKO GOLD ROYALTIES LTD
201,220$4.2B1.66%
21
MFCMANULIFE FINL CORP
131,951$4.1B1.61%
22
AEMAGNICO EAGLE MINES LTD
34,450$3.7B1.46%
23
CVNACARVANA CO
17,480$3.7B1.43%
24
IMGIAMGOLD CORP
584,140$3.6B1.43%
25
DSGDESCARTES SYS GROUP INC
35,710$3.6B1.41%
26
CPCANADIAN PACIFIC KANSAS CITY
44,440$3.1B1.22%
27
EQXEQUINOX GOLD CORP
431,330$3.0B1.16%
28
WPMWHEATON PRECIOUS METALS CORP
36,530$2.8B1.11%
29
FVIFORTUNA MNG CORP
430,700$2.6B1.02%
30
WCNWASTE CONNECTIONS INC
13,210$2.6B1.01%
31
SUSUNCOR ENERGY INC NEW
64,000$2.5B0.97%
32
TRPTC ENERGY CORP
49,750$2.3B0.92%
33
GILGILDAN ACTIVEWEAR INC
49,080$2.2B0.85%
34
PPLPEMBINA PIPELINE CORP
53,800$2.2B0.84%
35
TSATTELESAT CORP
112,800$2.1B0.82%
36
CNRCANADIAN NATL RY CO
20,960$2.0B0.80%
37
DMLDENISON MINES CORP
1,552,420$2.0B0.79%
38
AGFIRST MAJESTIC SILVER CORP
300,470$2.0B0.79%
39
DCBODOCEBO INC
68,614$2.0B0.77%
40
CVLGCOVENANT LOGISTICS GROUP INC
86,000$1.9B0.75%
41
CMCANADIAN IMPERIAL BK COMM
32,500$1.8B0.72%
42
AGIALAMOS GOLD INC NEW
62,180$1.7B0.65%
43
BNSBANK NOVA SCOTIA HALIFAX
34,510$1.6B0.64%
44
PAASPAN AMERN SILVER CORP
58,000$1.5B0.59%
45
SKE.TOSKEENA RES LTD NEW
146,260$1.5B0.58%
46
NXENEXGEN ENERGY LTD
322,140$1.4B0.56%
47
GFLGFL ENVIRONMENTAL INC
28,780$1.4B0.54%
48
TRITHOMSON REUTERS CORP
7,946$1.4B0.54%
49
OLAORLA MNG LTD NEW
146,630$1.4B0.54%
50
TTELUS CORPORATION
95,380$1.4B0.54%
51
NTRNUTRIEN LTD
23,710$1.2B0.46%
52
SCHWSCHWAB CHARLES CORP
15,000$1.2B0.46%
53
XPOXPO INC
10,500$1.1B0.44%
54
LSPDLIGHTSPEED COMMERCE INC
126,420$1.1B0.43%
55
GIB/ACGI INC
10,810$1.1B0.42%
56
CVECENOVUS ENERGY INC
77,300$1.1B0.42%
57
CGCENTERRA GOLD INC
165,710$1.1B0.41%
58
GEGE AEROSPACE
5,000$1.0B0.39%
59
PHPARKER-HANNIFIN CORP
1,500$911.8M0.36%
60
CCOCAMECO CORP
20,450$842.0M0.33%
61
PDSPRECISION DRILLING CORP
16,830$782.5M0.31%
62
TECK/BTECK RESOURCES LTD
21,170$771.3M0.30%
63
HBMHUDBAY MINERALS INC
50,080$379.7M0.15%
64
ASTLALGOMA STL GROUP INC
50,080$271.8M0.11%