We are live on ! Find out more
Letko, Brosseau & Associates

Letko, Brosseau & Associates Portfolio holdings

AUM $6.77B Turnover 14.78%
1-Year Est. Return 38.11%
This Fund
S&P 500
This Quarter Est. Return
+3.66%
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
$6.2B
AUM Growth
+$96.9M
Cap. Flow
-$13.6M
Cap. Flow %
-0.22%
Top 10 Hldgs %
36.21%
Holding
102
New
2
Increased
29
Reduced
44
Closed
1
Avg Time Held
5.9 years
Top 10 Avg Time Held
6.2 years
Top 20 Avg Time Held
6.4 years

Top Buys

Rank Stock Value
1
CRM icon
Salesforce
CRM
+$73.2M
2
MSFT icon
Microsoft
MSFT
+$71.3M
3
OTEX icon
Open Text
OTEX
+$54.8M
4
ADBE icon
Adobe
ADBE
+$43.2M
5
CNI icon
Canadian National Railway
CNI
+$28.7M

Top Sells

Rank Stock Value
1
SU icon
Suncor Energy
SU
+$76.9M
2
INTC icon
Intel
INTC
+$44.2M
3
B icon
Barrick Mining
B
+$32.5M
4
CM icon
Canadian Imperial Bank of Commerce
CM
+$23.6M
5
TD icon
Toronto Dominion Bank
TD
+$21.6M

Sector Composition

Rank Sector Weight
1 Financials 30%
2 Communication Services 18.69%
3 Materials 10.86%
4 Technology 9.79%
5 Healthcare 9.16%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
RCI icon
1
Rogers Communications
RCI
$17.2B
$250M 4.02%
6,511,597
-109,850
-2% -$4.18M
2013 Q2
51 quarters
BNS icon
2
Scotiabank
BNS
$111B
$243M 3.91%
3,510,666
-215,124
-6% -$15.8M
2013 Q2
51 quarters
GOOG icon
3
Alphabet (Google) Class C
GOOG
$4.22T
$239M 3.85%
833,098
-4,568
-0.5% -$1.44M
2015 Q4
41 quarters
TD icon
4
Toronto Dominion Bank
TD
$196B
$234M 3.78%
2,516,065
-226,683
-8% -$21.6M
2013 Q2
51 quarters
RY icon
5
Royal Bank of Canada
RY
$272B
$229M 3.7%
1,423,097
-42,225
-3% -$7.06M
2013 Q2
51 quarters
MGA icon
6
Magna International
MGA
$17.8B
$220M 3.54%
3,948,448
-119,352
-3% -$6.82M
2013 Q2
51 quarters
BMO icon
7
Bank of Montreal
BMO
$115B
$213M 3.44%
1,580,030
-94,195
-6% -$13.1M
2013 Q2
51 quarters
NTR icon
8
Nutrien
NTR
$33.2B
$207M 3.34%
2,756,910
-153,174
-5% -$10.9M
2018 Q1
32 quarters
MFC icon
9
Manulife Financial
MFC
$72.6B
$207M 3.34%
6,038,452
-112,765
-2% -$4.06M
2013 Q2
51 quarters
SLF icon
10
Sun Life Financial
SLF
$43.7B
$204M 3.29%
3,264,408
+56,185
+2% +$3.59M
2013 Q2
51 quarters
BCE icon
11
BCE
BCE
$18.8B
$190M 3.07%
7,564,328
+225,887
+3% +$5.72M
2013 Q2
51 quarters
OTEX icon
12
Open Text
OTEX
$6.25B
$173M 2.79%
7,790,553
+2,109,460
+37% +$54.8M
2020 Q2
23 quarters
B icon
13
Barrick Mining
B
$66.7B
$158M 2.55%
3,884,565
-702,785
-15% -$32.5M
2024 Q2
7 quarters
CVE icon
14
Cenovus Energy
CVE
$59B
$151M 2.44%
5,711,489
-238,052
-4% -$5.08M
2013 Q2
51 quarters
CM icon
15
Canadian Imperial Bank of Commerce
CM
$102B
$148M 2.38%
1,565,632
-246,630
-14% -$23.6M
2015 Q3
42 quarters
T icon
16
AT&T
T
$161B
$119M 1.93%
4,121,700
-8,400
-0.2% -$224K
2013 Q2
51 quarters
PFE icon
17
Pfizer
PFE
$168B
$115M 1.85%
4,090,013
+211,575
+5% +$5.63M
2013 Q2
51 quarters
META icon
18
Meta Platforms (Facebook)
META
$1.88T
$115M 1.85%
200,645
+2,098
+1% +$1.34M
2018 Q3
30 quarters
CNI icon
19
Canadian National Railway
CNI
$72.9B
$108M 1.74%
1,051,605
+278,265
+36% +$28.7M
2025 Q4
1 quarter
ILMN icon
20
Illumina
ILMN
$40.5B
$105M 1.69%
852,903
-6,090
-0.7% -$800K
2024 Q3
6 quarters
TTE icon
21
TotalEnergies
TTE
$195B
$101M 1.62%
1,081,079
-25,325
-2% -$1.94M
2025 Q4
1 quarter
TU icon
22
Telus
TU
$13.2B
$95.3M 1.54%
7,440,412
+665,025
+10% +$9M
2013 Q2
51 quarters
ELPC icon
23
Copel
ELPC
$10.2B
$94.5M 1.52%
7,912,737
+636,335
+9% +$6.77M
2024 Q1
8 quarters
ADBE icon
24
Adobe
ADBE
$97.9B
$93M 1.5%
382,493
+155,797
+69% +$43.2M
2025 Q1
4 quarters
WFG icon
25
West Fraser Timber
WFG
$5.13B
$92.3M 1.49%
1,417,201
+245,853
+21% +$16.6M
2021 Q1
20 quarters
1
2 3 4 5

Similar funds

John W. Bristol & Co
John W. Bristol & Co New York $6.76B AUM 18.39% 1-Year Est. Return
Moore Capital Management
Moore Capital Management New York $6.74B AUM 45.87% 1-Year Est. Return
Crestwood Advisors Group
Crestwood Advisors Group Boston, Massachusetts $6.74B AUM 30.22% 1-Year Est. Return
Louisiana State Employees Retirement System
Louisiana State Employees Retirement System Baton Rouge, Louisiana $6.74B AUM 53.06% 1-Year Est. Return
Capital Advisors Inc
Capital Advisors Inc Tulsa, Oklahoma $6.8B AUM 26.96% 1-Year Est. Return
TimesSquare Capital Management
TimesSquare Capital Management New York $6.8B AUM 45.85% 1-Year Est. Return
Liontrust Investment Partners
Liontrust Investment Partners London, United Kingdom $6.8B AUM 23.31% 1-Year Est. Return
Ritholtz Wealth Management
Ritholtz Wealth Management New York $6.7B AUM 32.7% 1-Year Est. Return

Letko, Brosseau & Associates's Q1 2026 Portfolio in Review

As of Q1 2026, Letko, Brosseau & Associates held 102 positions worth $6.2B, up 1.6% from $6.11B the previous quarter. Its ten largest holdings account for 36% of the portfolio.

Trading was light in Q1 2026: portfolio turnover was 2.9%. Letko, Brosseau & Associates opened 2 new positions and exited 1, leaving the 102-position portfolio largely intact.

By sector, the portfolio is most concentrated in Financials at 30% of assets, down from 34% a quarter earlier, followed by Communication Services and Materials.

  • Letko, Brosseau & Associates's largest Q1 2026 buy was Enliven Therapeutics: 9,600 shares worth $376K.
  • Letko, Brosseau & Associates added most to Salesforce in Q1 2026, an estimated $73.2M increase.
  • Letko, Brosseau & Associates's biggest Q1 2026 reduction was Suncor Energy, cutting an estimated $76.9M.
  • Letko, Brosseau & Associates fully exited Shell in Q1 2026, selling an estimated $668K.
  • Letko, Brosseau & Associates's ten largest holdings make up 36% of its $6.2B portfolio in Q1 2026.
  • Letko, Brosseau & Associates opened 2 new positions and closed 1 in Q1 2026.
  • Letko, Brosseau & Associates's portfolio value rose 1.6% quarter-over-quarter to $6.2B.

Based on Letko, Brosseau & Associates's 13F filing for Q1 2026, filed 12 May 2026.