Scheer, Rowlett & Associates Investment Management LTD.
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.
Latest 13F Filing Activity
Scheer, Rowlett & Associates Investment Management LTD. filed their most recent 13F report on Jun 30, 2025 disclosing 31 equity positions with a total 13F market value of $2B. The fund increased holdings in Barrick MNG Corp., Toronto Dominion BK Ont, Royal BK Cda among other positions. Scheer, Rowlett & Associates Investment Management LTD. reduced exposure to Barrick Gold Corp., Osisko Gold Royalties LTD, South Bow Corp. among others.
Top Holdings
Equity Positions (31)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
R RY | ROYAL BK CDA | 11.26% | $173.8M | 1,318,261 | $80.28 | $131.55 | +$29.3M |
T TD | TORONTO DOMINION BK ONT | 10.07% | $155.6M | 2,113,730 | $47.15 | $73.45 | +$32.3M |
B BN | BROOKFIELD CORP | 6.39% | $98.6M | 1,592,795 | $33.27 | $61.85 | +$17.5M |
C CNI | CANADIAN NATL RY CO | 5.42% | $83.6M | 802,257 | $79.92 | $104.04 | +$12.5M |
T TRP | TC ENERGY CORP | 5.19% | $80.2M | 1,643,567 | $41.80 | $48.79 | +$25.2K |