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
+9.05%
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
$6.98B
AUM Growth
+$72.9M
Cap. Flow
-$503M
Cap. Flow %
-7.21%
Top 10 Hldgs %
34.94%
Holding
110
New
5
Increased
17
Reduced
65
Closed
3

Top Buys

Rank Stock Value
1
VMW
VMware, Inc
VMW
+$37.5M
2
QSR icon
Restaurant Brands International
QSR
+$32.4M
3
VWO icon
Vanguard FTSE Emerging Markets ETF
VWO
+$25.2M
4
RCI icon
Rogers Communications
RCI
+$23.1M
5
SBS icon
Sabesp
SBS
+$13M

Top Sells

Rank Stock Value
1
CVE icon
Cenovus Energy
CVE
+$136M
2
CNQ icon
Canadian Natural Resources
CNQ
+$122M
3
OVV icon
Ovintiv
OVV
+$90.3M
4
SU icon
Suncor Energy
SU
+$40.2M
5
INTC icon
Intel
INTC
+$36.4M

Sector Composition

Rank Sector Weight
1 Financials 29.03%
2 Communication Services 16.04%
3 Materials 14.13%
4 Energy 13.16%
5 Healthcare 8.42%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BNS icon
1
Scotiabank
BNS
$105B
$301M 4.31%
4,247,731
-21,900
-0.5% -$1.45M
BMO icon
2
Bank of Montreal
BMO
$123B
$262M 3.76%
2,434,132
-165,530
-6% -$17.8M
MFC icon
3
Manulife Financial
MFC
$73B
$260M 3.72%
13,615,452
+415,275
+3% +$8.04M
TD icon
4
Toronto Dominion Bank
TD
$193B
$255M 3.66%
3,327,740
-185,938
-5% -$13.6M
NTR icon
5
Nutrien
NTR
$33.9B
$238M 3.4%
3,155,694
-188,931
-6% -$13.2M
RY icon
6
Royal Bank of Canada
RY
$287B
$237M 3.4%
2,232,952
-102,478
-4% -$10.6M
TECK icon
7
Teck Resources
TECK
$28.2B
$235M 3.37%
8,147,561
-536,548
-6% -$14.7M
SU icon
8
Suncor Energy
SU
$77.7B
$225M 3.22%
8,970,176
-1,649,535
-16% -$40.2M
BCE icon
9
BCE
BCE
$20.8B
$218M 3.12%
4,181,291
-196,261
-4% -$10M
TU icon
10
Telus
TU
$17.4B
$208M 2.98%
8,810,847
-330,100
-4% -$7.55M
RCI icon
11
Rogers Communications
RCI
$18.8B
$184M 2.63%
3,848,566
+491,690
+15% +$23.1M
MGA icon
12
Magna International
MGA
$18.8B
$183M 2.63%
2,264,078
+14,396
+0.6% +$1.17M
CVE icon
13
Cenovus Energy
CVE
$54.2B
$182M 2.61%
14,835,521
-11,319,163
-43% -$136M
SLF icon
14
Sun Life Financial
SLF
$45.6B
$180M 2.58%
3,235,427
-96,091
-3% -$5.31M
CNQ icon
15
Canadian Natural Resources
CNQ
$96.9B
$179M 2.57%
8,657,569
-6,044,051
-41% -$122M
CLS icon
16
Celestica
CLS
$37.8B
$150M 2.15%
13,435,227
-278,575
-2% -$2.89M
WFG icon
17
West Fraser Timber
WFG
$5.21B
$136M 1.95%
1,428,145
-76,757
-5% -$6.64M
CM icon
18
Canadian Imperial Bank of Commerce
CM
$106B
$132M 1.89%
2,265,480
-77,676
-3% -$4.52M
PFE icon
19
Pfizer
PFE
$143B
$120M 1.73%
2,039,463
-70,315
-3% -$3.48M
HBM icon
20
Hudbay
HBM
$9.76B
$111M 1.6%
15,368,656
-568,100
-4% -$3.94M
PVG
21
DELISTED
PRETIUM RESOURCES INC.
PVG
$101M 1.45%
7,161,391
-696,451
-9% -$8.85M
GOOG icon
22
Alphabet (Google) Class C
GOOG
$4.11T
$99.7M 1.43%
688,920
-28,580
-4% -$4.13M
ABBV icon
23
AbbVie
ABBV
$465B
$94.9M 1.36%
700,669
-22,455
-3% -$2.65M
OTEX icon
24
Open Text
OTEX
$6.28B
$92M 1.32%
1,934,961
+175,700
+10% +$8.64M
C icon
25
Citigroup
C
$213B
$90.5M 1.3%
1,498,806
-23,220
-2% -$1.54M
1
2 3 4 5

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 Q4 2021 Portfolio in Review

As of Q4 2021, Letko, Brosseau & Associates held 110 positions worth $6.98B, up 1.1% from $6.91B the previous quarter. Its ten largest holdings account for 35% of the portfolio.

Letko, Brosseau & Associates withdrew a net $503M in Q4 2021, closing 3 positions and reducing 65 holdings. Its most notable exit was Intel, an estimated $36.4M position sold in full.

By sector, the portfolio is most concentrated in Financials at 29% of assets, up from 29% a quarter earlier, followed by Communication Services and Materials.

Against the trend, Letko, Brosseau & Associates opened a new position in VMware, Inc worth $33M.

  • Letko, Brosseau & Associates's largest Q4 2021 buy was VMware, Inc: 285,150 shares worth $33M.
  • Letko, Brosseau & Associates added most to Restaurant Brands International in Q4 2021, an estimated $32.4M increase.
  • Letko, Brosseau & Associates's biggest Q4 2021 reduction was Cenovus Energy, cutting an estimated $136M.
  • Letko, Brosseau & Associates fully exited Intel in Q4 2021, selling an estimated $36.4M.
  • Letko, Brosseau & Associates's ten largest holdings make up 35% of its $6.98B portfolio in Q4 2021.
  • Letko, Brosseau & Associates opened 5 new positions and closed 3 in Q4 2021.
  • Letko, Brosseau & Associates's portfolio value rose 1.1% quarter-over-quarter to $6.98B.

Based on Letko, Brosseau & Associates's 13F filing for Q4 2021, filed 9 Feb 2022.