We are live on ! Find out more
LBA

Letko, Brosseau & Associates Portfolio holdings

AUM $6.2B
1-Year Est. Return 38.92%
This Fund
S&P 500
This Quarter Est. Return
-31.58%
1 Year Est. Return
+38.92%
3 Year Est. Return
+73.78%
5 Year Est. Return
+108.79%
10 Year Est. Return
+305.85%
AUM
$5.83B
AUM Growth
-$4.2B
Cap. Flow
-$442M
Cap. Flow %
-7.58%
Top 10 Hldgs %
39.35%
Holding
96
New
4
Increased
17
Reduced
60
Closed
8

Top Buys

Rank Stock Value
1
NTR icon
Nutrien
NTR
+$113M
2
BCE icon
BCE
BCE
+$31.4M
3
GOOG icon
Alphabet (Google) Class C
GOOG
+$27.2M
4
TECK icon
Teck Resources
TECK
+$26.2M
5
RCI icon
Rogers Communications
RCI
+$21.8M

Top Sells

Rank Stock Value
1
SLF icon
Sun Life Financial
SLF
+$125M
2
CM icon
Canadian Imperial Bank of Commerce
CM
+$86.2M
3
RY icon
Royal Bank of Canada
RY
+$81.7M
4
CNQ icon
Canadian Natural Resources
CNQ
+$45.1M
5
BMO icon
Bank of Montreal
BMO
+$33.8M

Sector Composition

Rank Sector Weight
1 Financials 31.57%
2 Communication Services 20.32%
3 Energy 11.27%
4 Materials 9.41%
5 Technology 7.63%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BNS icon
1
Scotiabank
BNS
$105B
$284M 4.86%
7,024,934
-629,526
-8% -$31.8M
TD icon
2
Toronto Dominion Bank
TD
$193B
$257M 4.41%
6,119,876
-304,082
-5% -$15.6M
BCE icon
3
BCE
BCE
$20.8B
$249M 4.27%
6,145,182
+701,198
+13% +$31.4M
MFC icon
4
Manulife Financial
MFC
$73B
$246M 4.23%
19,854,958
-1,845,442
-9% -$32.1M
TU icon
5
Telus
TU
$17.4B
$239M 4.1%
15,303,467
-573,335
-4% -$10.6M
RY icon
6
Royal Bank of Canada
RY
$287B
$230M 3.94%
3,752,239
-1,101,190
-23% -$81.7M
BMO icon
7
Bank of Montreal
BMO
$123B
$225M 3.87%
4,515,043
-498,132
-10% -$33.8M
NTR icon
8
Nutrien
NTR
$33.9B
$193M 3.31%
5,715,689
+2,820,584
+97% +$113M
SU icon
9
Suncor Energy
SU
$77.7B
$186M 3.19%
11,783,052
-651,677
-5% -$17.1M
RCI icon
10
Rogers Communications
RCI
$18.8B
$185M 3.17%
4,474,129
+466,777
+12% +$21.8M
CNQ icon
11
Canadian Natural Resources
CNQ
$96.9B
$169M 2.89%
25,484,442
-3,783,379
-13% -$45.1M
VZ icon
12
Verizon
VZ
$197B
$163M 2.8%
3,034,948
-74,956
-2% -$4.29M
SLF icon
13
Sun Life Financial
SLF
$45.6B
$156M 2.68%
4,914,269
-2,928,394
-37% -$125M
MGA icon
14
Magna International
MGA
$18.8B
$156M 2.67%
4,933,943
-526,250
-10% -$24.3M
T icon
15
AT&T
T
$164B
$140M 2.4%
6,344,288
-171,405
-3% -$4.68M
TECK icon
16
Teck Resources
TECK
$28.2B
$122M 2.1%
16,306,053
+2,191,297
+16% +$26.2M
GILD icon
17
Gilead Sciences
GILD
$165B
$116M 1.99%
1,549,212
-19,410
-1% -$1.34M
C icon
18
Citigroup
C
$213B
$101M 1.73%
2,400,058
-130,717
-5% -$8.77M
CM icon
19
Canadian Imperial Bank of Commerce
CM
$106B
$100M 1.71%
3,471,560
-2,316,652
-40% -$86.2M
INTC icon
20
Intel
INTC
$413B
$94.6M 1.62%
1,747,542
-52,320
-3% -$3.1M
RDS.A
21
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
$86M 1.47%
2,464,147
-76,190
-3% -$3.56M
WMT icon
22
Walmart Inc
WMT
$909B
$75.9M 1.3%
2,004,768
-56,475
-3% -$2.17M
BAC icon
23
Bank of America
BAC
$429B
$75.2M 1.29%
3,540,851
-120,585
-3% -$3.61M
PVG
24
DELISTED
PRETIUM RESOURCES INC.
PVG
$73.6M 1.26%
13,053,506
-585,891
-4% -$5.01M
CVE icon
25
Cenovus Energy
CVE
$54.2B
$73.2M 1.25%
36,672,056
-2,404,240
-6% -$16.9M
1
2 3 4

Similar funds

NP
NorthRock Partners Minneapolis, Minnesota $6.2B AUM 15.8% 1-Year Est. Return
WIA
World Investment Advisors Santa Barbara, California $6.2B AUM 19.68% 1-Year Est. Return
EIP
Energy Income Partners Westport, Connecticut $6.22B AUM 18.97% 1-Year Est. Return
B
Barings Charlotte, North Carolina $6.19B AUM 16.5% 1-Year Est. Return
CA
Cambridge Associates Boston, Massachusetts $6.27B AUM 14.78% 1-Year Est. Return
ACM
AKRE Capital Management Middleburg, Virginia $6.13B AUM 15.27% 1-Year Est. Return
AWA
Arkadios Wealth Advisors Atlanta, Georgia $6.13B AUM 23.41% 1-Year Est. Return
DTC
Deep Track Capital Greenwich, Connecticut $6.12B AUM 144% 1-Year Est. Return

Letko, Brosseau & Associates's Q1 2020 Portfolio in Review

As of Q1 2020, Letko, Brosseau & Associates held 96 positions worth $5.83B, down 42% from $10B the previous quarter. Its ten largest holdings account for 39% of the portfolio.

Letko, Brosseau & Associates withdrew a net $442M in Q1 2020, closing 8 positions and reducing 60 holdings. Its most notable exit was HP, an estimated $12.1M position sold in full.

By sector, the portfolio is most concentrated in Financials at 32% of assets, down from 32% a quarter earlier, followed by Communication Services and Energy.

Against the trend, Letko, Brosseau & Associates opened a new position in Alibaba worth $4.86M.

  • Letko, Brosseau & Associates's largest Q1 2020 buy was Alibaba: 25,000 shares worth $4.86M.
  • Letko, Brosseau & Associates added most to Nutrien in Q1 2020, an estimated $113M increase.
  • Letko, Brosseau & Associates's biggest Q1 2020 reduction was Sun Life Financial, cutting an estimated $125M.
  • Letko, Brosseau & Associates fully exited HP in Q1 2020, selling an estimated $12.1M.
  • Letko, Brosseau & Associates's ten largest holdings make up 39% of its $5.83B portfolio in Q1 2020.
  • Letko, Brosseau & Associates opened 4 new positions and closed 8 in Q1 2020.
  • Letko, Brosseau & Associates's portfolio value fell 42% quarter-over-quarter to $5.83B.

Based on Letko, Brosseau & Associates's 13F filing for Q1 2020, filed 14 May 2020.