PCJ Investment Counsel LTD.
PCJ Investment Counsel Ltd. is a Canadian asset management firm headquartered in Toronto, Ontario, specializing in equity portfolio management for institutional and high net-worth clients. Founded in the mid-1980s, PCJ focuses on providing professional investment counsel and discretionary asset management. The firm serves a mix of pension funds, foundations, corporations, and private clients.
Investment Strategy
PCJ Investment Counsel Ltd. employs a disciplined value-oriented investment philosophy with a focus on Canadian equities. The strategy emphasizes thorough fundamental research, active portfolio management, and risk control, seeking long-term capital appreciation for clients while managing volatility across market cycles. Their approach involves rigorous company analysis, bottom-up stock selection, and close monitoring of macroeconomic trends relevant to the Canadian and global markets.
Latest 13F Filing Activity
PCJ Investment Counsel LTD. filed their most recent 13F report on Jun 30, 2025 disclosing 64 equity positions with a total 13F market value of $293M. The fund increased holdings in Capital One Finl Corp., Amcor PLC, Pembina Pipeline Corp. among other positions. PCJ Investment Counsel LTD. reduced exposure to Berry Global Group Inc., Cae Inc., RB Global Inc. among others.
Top Holdings
Equity Positions (64)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
B BBU | BROOKFIELD BUSINESS PARTNERS | 11.28% | $33.0M | 1,270,784 | $21.43 | $25.93 | +$2.4M |
C CRH | CRH PLC | 6.05% | $17.7M | 192,900 | $92.74 | $91.80 | +$673.7K |
R RBA | RB GLOBAL INC | 4.00% | $11.7M | 110,130 | $72.44 | $106.19 | -$4.4M |
R RY | ROYAL BK CDA | 3.51% | $10.3M | 77,970 | $81.61 | $131.55 | +$2.3M |
B BIP | BROOKFIELD INFRAST PARTNERS | 3.00% | $8.8M | 262,210 | $32.28 | $33.50 | -$306.6K |