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Scheer, Rowlett & Associates Investment Management LTD.

CIK:0001426327
Asset Manager
$3B AUM
31 holdings
Toronto, ON, Canada
Founded:1996
19 employees
Latest filing:Jun 30, 2025

Scheer, Rowlett & Associates Investment Management Ltd. is a Canadian asset management firm headquartered in Toronto, Ontario. Founded in 1996, the company specializes in Canadian equity investment management for pension plans, mutual funds, corporations, institutions, endowments, foundations, and high-net-worth investors. Scheer Rowlett is part of Connor, Clark & Lunn Financial Group, an independently owned multi-boutique asset management organization. The firm employs a fundamental, bottom-up value approach with full ESG integration and has built a track record of preserving capital and delivering alpha over the mid- to long-term horizon. The firm serves institutional, private, and retail clients and manages over $3.4 billion CAD in assets.

Investment Strategy

Scheer, Rowlett & Associates Investment Management Ltd. employs a disciplined value-investing approach using a fundamental, bottom-up process. The investment strategy fully integrates Environmental, Social, and Corporate Governance (ESG) considerations into analysis and valuations. The firm seeks to deliver consistent long-term capital returns by focusing on competitive Canadian companies with sustainable businesses. The research process emphasizes the normalization of returns through market competition, aiming to preserve capital and generate alpha for clients. Scheer Rowlett manages assets for pension plans, mutual funds, corporations, institutions, endowments, foundations, and high-net-worth investors with a dedicated focus on Canadian equities.

Top Buys
B
BBARRICK MNG CORP
+$62.6M
T
TDTORONTO DOMINION BK ONT
+$32.3M
R
RYROYAL BK CDA
+$29.3M
O
OROR ROYALTIES INC.
+$26.4M
B
BNBROOKFIELD CORP
+$17.5M
Top Sells
G
GOLDBARRICK GOLD CORP
-$57.0M
O
OROSISKO GOLD ROYALTIES LTD
-$22.2M
S
SOBOSOUTH BOW CORP
-$10.3M
Q
QSRRESTAURANT BRANDS INTL INC
-$9.9M
S
SUSUNCOR ENERGY INC NEW
-$5.6M

Top Holdings

R
RYROYAL BK CDA
+11.3%$173.8M
T
TDTORONTO DOMINION BK ONT
+10.1%$155.6M
B
BNBROOKFIELD CORP
+6.4%$98.6M
C
CNICANADIAN NATL RY CO
+5.4%$83.6M
T
TRPTC ENERGY CORP
+5.2%$80.2M

Equity Positions (31)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
R
RY
ROYAL BK CDA11.26%$173.8M1,318,261$80.28$131.55+$29.3M
T
TD
TORONTO DOMINION BK ONT10.07%$155.6M2,113,730$47.15$73.45+$32.3M
B
BN
BROOKFIELD CORP6.39%$98.6M1,592,795$33.27$61.85+$17.5M
C
CNI
CANADIAN NATL RY CO5.42%$83.6M802,257$79.92$104.04+$12.5M
T
TRP
TC ENERGY CORP5.19%$80.2M1,643,567$41.80$48.79+$25.2K

Industry Allocation

COMMERCIAL BANKS, NEC
+27.6%
RAILROADS, LINE-HAUL OPERATING
+8.7%
OPEATORS OF NONRESIDENTIAL BUILDINGS
+6.4%
CRUDE PETROLEUM & NATURAL GAS
+5.4%
NATURAL GAS TRANSMISSION
+5.2%