We are live on ! Find out more
LBA

Letko, Brosseau & Associates Portfolio holdings

AUM $6.77B
1-Year Est. Return 38.11%
This Fund
S&P 500
This Quarter Est. Return
-2.29%
1 Year Est. Return
+38.11%
3 Year Est. Return
+83.35%
5 Year Est. Return
+109.01%
10 Year Est. Return
+317.99%
AUM
$5.27B
AUM Growth
-$480M
Cap. Flow
-$339M
Cap. Flow %
-6.43%
Top 10 Hldgs %
32.74%
Holding
107
New
5
Increased
31
Reduced
52
Closed
3

Top Buys

Rank Stock Value
1
B
Barrick Mining
B
+$68M
2
INTC icon
Intel
INTC
+$25.4M
3
OTEX icon
Open Text
OTEX
+$18.2M
4
CVS icon
CVS Health
CVS
+$17.4M
5
MGA icon
Magna International
MGA
+$12.8M

Top Sells

Rank Stock Value
1
THC icon
Tenet Healthcare
THC
+$135M
2
CLS icon
Celestica
CLS
+$83.3M
3
TECK icon
Teck Resources
TECK
+$74M
4
HBM icon
Hudbay
HBM
+$59.6M
5
MFC icon
Manulife Financial
MFC
+$37.7M

Sector Composition

Rank Sector Weight
1 Financials 31.48%
2 Communication Services 17.13%
3 Materials 11.87%
4 Energy 9.82%
5 Technology 8.81%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CAE icon
26
CAE Inc
CAE
$7.83B
$72.7M 1.38%
3,913,829
-61,925
-2% -$1.2M
SWKS icon
27
Skyworks Solutions
SWKS
$11.9B
$72.4M 1.37%
679,405
+18,505
+3% +$1.82M
CLS icon
28
Celestica
CLS
$39.9B
$72M 1.36%
1,256,871
-1,651,255
-57% -$83.3M
VZ icon
29
Verizon
VZ
$213B
$68.4M 1.3%
1,658,745
+79,335
+5% +$3.2M
WMT icon
30
Walmart Inc
WMT
$865B
$67.7M 1.28%
1,000,086
-49,219
-5% -$3.1M
STT icon
31
State Street
STT
$51.7B
$67.6M 1.28%
913,296
+18,260
+2% +$1.36M
B
32
Barrick Mining
B
$69.8B
$66.8M 1.27%
+4,006,700
New +$68M
GILD icon
33
Gilead Sciences
GILD
$182B
$66.4M 1.26%
967,533
+17,075
+2% +$1.14M
TFC icon
34
Truist Financial
TFC
$61.2B
$66.2M 1.26%
1,704,091
+29,625
+2% +$1.12M
CNQ icon
35
Canadian Natural Resources
CNQ
$104B
$65.2M 1.24%
1,830,240
-150,894
-8% -$5.68M
CRUS icon
36
Cirrus Logic
CRUS
$5.83B
$63M 1.2%
493,709
-110,420
-18% -$11.6M
SHEL icon
37
Shell
SHEL
$276B
$62.9M 1.19%
871,697
-15,380
-2% -$1.1M
WFC icon
38
Wells Fargo
WFC
$268B
$61.9M 1.17%
1,042,579
-42,920
-4% -$2.53M
CVS icon
39
CVS Health
CVS
$122B
$61.3M 1.16%
1,037,265
+278,110
+37% +$17.4M
BERY
40
DELISTED
Berry Global Group, Inc.
BERY
$56.1M 1.06%
1,038,837
+20,554
+2% +$1.12M
ABBV icon
41
AbbVie
ABBV
$463B
$54.7M 1.04%
318,834
-7,895
-2% -$1.31M
BAC icon
42
Bank of America
BAC
$416B
$54.3M 1.03%
1,366,048
+7,075
+0.5% +$271K
ORCL icon
43
Oracle
ORCL
$417B
$52.2M 0.99%
369,417
-32,380
-8% -$4.02M
MAC icon
44
Macerich
MAC
$6.37B
$50.4M 0.96%
3,261,795
-38,225
-1% -$585K
COP icon
45
ConocoPhillips
COP
$164B
$49.3M 0.94%
431,059
-8,075
-2% -$981K
SKX
46
DELISTED
Skechers
SKX
$49.2M 0.93%
712,000
-18,365
-3% -$1.22M
GSK icon
47
GSK
GSK
$100B
$45.6M 0.86%
1,184,095
+5,900
+0.5% +$248K
FDX icon
48
FedEx
FDX
$74B
$44.7M 0.85%
149,150
+3,570
+2% +$934K
FIS icon
49
Fidelity National Information Services
FIS
$19.7B
$42M 0.8%
557,915
-7,165
-1% -$530K
MRNA icon
50
Moderna
MRNA
$58.6B
$37.5M 0.71%
315,400
-4,650
-1% -$588K
1
2
3 4 5

Similar funds

JWBC
John W. Bristol & Co New York $6.76B AUM 18.39% 1-Year Est. Return
BTCPP
Border to Coast Pensions Partnership Leeds, United Kingdom $6.78B AUM 31.6% 1-Year Est. Return
MCM
Moore Capital Management New York $6.74B AUM 45.87% 1-Year Est. Return
CAG
Crestwood Advisors Group Boston, Massachusetts $6.74B AUM 30.22% 1-Year Est. Return
LSERS
Louisiana State Employees Retirement System Baton Rouge, Louisiana $6.74B AUM 53.06% 1-Year Est. Return
CAI
Capital Advisors Inc Tulsa, Oklahoma $6.8B AUM 26.96% 1-Year Est. Return
TCM
TimesSquare Capital Management New York $6.8B AUM 45.85% 1-Year Est. Return
LIP
Liontrust Investment Partners London, United Kingdom $6.8B AUM 23.31% 1-Year Est. Return

Letko, Brosseau & Associates's Q2 2024 Portfolio in Review

As of Q2 2024, Letko, Brosseau & Associates held 107 positions worth $5.27B, down 8.3% from $5.75B the previous quarter. Its ten largest holdings account for 33% of the portfolio.

Letko, Brosseau & Associates withdrew a net $339M in Q2 2024, closing 3 positions and reducing 52 holdings. Its most notable exit was iShares MSCI EAFE ETF, an estimated $401K position sold in full.

By sector, the portfolio is most concentrated in Financials at 31% of assets, up from 31% a quarter earlier, followed by Communication Services and Materials.

Against the trend, Letko, Brosseau & Associates opened a new position in Barrick Mining worth $66.8M.

  • Letko, Brosseau & Associates's largest Q2 2024 buy was Barrick Mining: 4,006,700 shares worth $66.8M.
  • Letko, Brosseau & Associates added most to Open Text in Q2 2024, an estimated $18.2M increase.
  • Letko, Brosseau & Associates's biggest Q2 2024 reduction was Tenet Healthcare, cutting an estimated $135M.
  • Letko, Brosseau & Associates fully exited iShares MSCI EAFE ETF in Q2 2024, selling an estimated $401K.
  • Letko, Brosseau & Associates's ten largest holdings make up 33% of its $5.27B portfolio in Q2 2024.
  • Letko, Brosseau & Associates opened 5 new positions and closed 3 in Q2 2024.
  • Letko, Brosseau & Associates's portfolio value fell 8.3% quarter-over-quarter to $5.27B.

Based on Letko, Brosseau & Associates's 13F filing for Q2 2024, filed 6 Aug 2024.