LETKO, BROSSEAU & ASSOCIATES INC — 13F holdings

LETKO, BROSSEAU & ASSOCIATES INC reported 112 holdings worth $6.77B in its 13F filing for Q2 2026, filed August 13, 2026. That's up 9.1% from $6.20B in Q1 2026, when it reported 101 holdings. Its 10 largest positions make up 37.6% of the portfolio.

LETKO, BROSSEAU & ASSOCIATES INC's largest positions in Q2 2026

1. BNS BANK NOVA SCOTIA HALIFAX — $294M (4.3%) · cut 4%
2. TD TORONTO DOMINION BK ONT — $291M (4.3%) · cut 5%
3. GOOG ALPHABET INC — $287M (4.2%) · cut 2%
4. RY ROYAL BK CDA — $281M (4.1%) · cut 5%
5. BMO BANK MONTREAL QUE — $252M (3.7%) · cut 10%
6. SLF SUN LIFE FINANCIAL INC. — $247M (3.6%) · cut 4%
7. MGA MAGNA INTL INC — $245M (3.6%) · cut 6%
8. MFC MANULIFE FINL CORP — $241M (3.6%) · cut 2%
9. RCI ROGERS COMMUNICATIONS INC — $209M (3.1%) · cut 1%
10. OTEX OPEN TEXT CORP — $196M (2.9%) · added 13%
11. CM CANADIAN IMPERIAL BANK OF CO — $170M (2.5%) · cut 6%
12. NTR NUTRIEN LTD — $168M (2.5%) · cut 3%
13. BCE BCE INC — $164M (2.4%) · unchanged
14. ILMN ILLUMINA INC — $146M (2.2%) · cut 3%
15. B BARRICK MNG CORP — $136M (2.0%) · cut 5%
16. CVE Cenovus Energy Inc — $132M (2.0%) · cut 7%
17. META META PLATFORMS INC — $126M (1.9%) · added 11%
18. CNI CANADIAN NATL RY CO — $123M (1.8%) · cut 2%
19. CVS CVS HEALTH CORP — $113M (1.7%) · cut 2%
20. TU TELUS CORPORATION — $108M (1.6%) · added 37%

What LETKO, BROSSEAU & ASSOCIATES INC bought in Q2 2026

14 new positions and 22 positions added to.

1. GEHC GE HEALTHCARE TECHNOLOGIES I — new position, about $56.2M
2. GIL GILDAN ACTIVEWEAR INC — new position, about $48.8M
3. EXC EXELON CORP — new position, about $41.5M
4. TU TELUS CORPORATION — added, about $29.4M
5. CMCSA COMCAST CORP NEW — added, about $28.9M
6. ACM AECOM — new position, about $27.2M
7. MSFT MICROSOFT CORP — added, about $26.2M
8. CRM SALESFORCE INC — added, about $23.2M
9. OTEX OPEN TEXT CORP — added, about $23.2M
10. SWKS SKYWORKS SOLUTIONS INC — added, about $21.8M

What LETKO, BROSSEAU & ASSOCIATES INC sold in Q2 2026

3 positions sold out and 47 reduced.

1. INTC INTEL CORP — cut 90%, about $256M
2. BMO BANK MONTREAL QUE — cut 10%, about $27.1M
3. TD TORONTO DOMINION BK ONT — cut 5%, about $14.9M
4. MGA MAGNA INTL INC — cut 6%, about $14.5M
5. EFXT ENERFLEX LTD — cut 23%, about $14.3M
6. SU SUNCOR ENERGY INC NEW — cut 97%, about $14.0M
7. RY ROYAL BK CDA — cut 5%, about $13.9M
8. TECK TECK RESOURCES LTD — cut 19%, about $12.4M
9. BNS BANK NOVA SCOTIA HALIFAX — cut 4%, about $11.3M
10. CM CANADIAN IMPERIAL BANK OF CO — cut 6%, about $10.4M

LETKO, BROSSEAU & ASSOCIATES INC portfolio value by quarter

• Q2 2026: $6.77B in 112 holdings
• Q1 2026: $6.20B in 101 holdings
• Q4 2025: $6.11B in 100 holdings
• Q3 2025: $5.82B in 98 holdings
• Q2 2025: $5.23B in 93 holdings
• Q1 2025: $4.70B in 89 holdings
• Q4 2024: $5.17B in 100 holdings

What does LETKO, BROSSEAU & ASSOCIATES INC own?

Its largest positions in Q2 2026 were BNS, TD, GOOG, RY, BMO, out of 112 holdings worth $6.77B.

What did LETKO, BROSSEAU & ASSOCIATES INC buy last quarter?

In Q2 2026 it opened 14 new positions and added to 22; the largest buys were GEHC, GIL, EXC.

What did LETKO, BROSSEAU & ASSOCIATES INC sell last quarter?

In Q2 2026 it sold out of 3 positions and reduced 47, including GOOGL, REPL, GOSS.