Fund Holdings

PCJ Investment Counsel Ltd.

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
BROOKFIELD BUSINESS CORP(BBUC)0978,912+978,912030,967,6158.80%+30,967,615
GFL ENVIRONMENTAL INC(GFL)0187,807+187,80707,835,6012.23%+7,835,601
BROOKFIELD RENEWABLE ENERGY
PARTNERSHIP UNIT
0170,580+170,58005,565,6641.58%+5,565,664
CANADIAN IMPERIAL BANK OF CO(CM)5,45058,930+53,480494,0865,577,1931.58%+5,083,107
CENOVUS ENERGY INC(CVE)406,470442,865+36,3956,877,19311,737,6293.33%+4,860,436
ARIS MINING CORPORATION(ARIS)0259,765+259,76504,824,2461.37%+4,824,246
PERPETUA RESOURCES CORP(PPTA)0164,070+164,07004,624,2321.31%+4,624,232
BAYTEX ENERGY CORP(BTE)2,483,6382,805,993+322,3558,034,02712,548,7293.56%+4,514,702
BROOKFIELD INFRASTRUCTURE PA
LP INT UNIT
183,780293,154+109,3746,386,31710,584,2003.01%+4,197,883
HUDBAY MINERALS INC(HBM)0161,660+161,66003,385,8480.96%+3,385,848
CANADIAN NATL RY CO(CNI)32,15062,260+30,1103,179,8126,409,3781.82%+3,229,566
TRANSFORCE INC(TFII)8,74036,020+27,280903,4053,921,4921.11%+3,018,087
ERO COPPER CORP(ERO)93,219211,859+118,6402,637,2575,646,6891.60%+3,009,432
ALMONTY INDS INC0200,000+200,00002,910,4820.83%+2,910,482
FORTIS INC(FTS)049,670+49,67002,771,6360.79%+2,771,636
CENTERRA GOLD INC(CGAU)145,980255,270+109,2902,101,6534,527,8631.29%+2,426,210
CANADIAN NAT RES LTD MED TER(CNQ)119,800127,800+8,0004,057,8606,234,5501.77%+2,176,690
SUNCOR ENERGY INC NEW(SU)75,18083,210+8,0303,336,8985,504,7161.56%+2,167,818
TECK RESOURCES LTD(TECK)29,70064,430+34,7301,421,8993,333,9880.95%+1,912,089
DENISON MINES CORP(DNN)2,918,8102,659,200-259,6107,740,8379,425,8892.68%+1,685,052
ALAMOS GOLD INC033,820+33,82001,504,9380.43%+1,504,938
ATS CORPORATION(ATS)050,000+50,00001,409,5850.40%+1,409,585
ENBRIDGE INC(ENB)111,310123,540+12,2305,326,5756,698,2431.90%+1,371,668
CAMECO CORP(CCJ)22,49030,930+8,4402,059,3793,357,5600.95%+1,298,181
CELESTICA INC(CLS)4,6109,380+4,7701,363,6982,646,5390.75%+1,282,841
TASEKO MINES LTD(TGB)950,2901,017,980+67,6905,379,6986,594,6001.87%+1,214,902
KNIGHT-SWIFT TRANSN HLDGS IN(KNX)29,66044,610+14,9501,550,6252,568,6440.73%+1,018,019
SKEENA RES LTD NEW(SKE)142,470141,490-9803,383,9334,214,6841.20%+830,751
LIGHTSPEED COMMERCE INC(LSPD)122,630250,900+128,2701,479,5782,244,1170.64%+764,539
NUTRIEN LTD(NTR)23,93029,290+5,3601,477,0982,211,4360.63%+734,338
AGNICO EAGLE MINES LTD(AEM)32,17030,480-1,6905,455,5706,188,1081.76%+732,538
WHEATON PRECIOUS METALS CORP(WPM)28,39029,990+1,6003,337,6593,937,3281.12%+599,669
TORONTO DOMINION BK ONT(TD)115,540121,860+6,32010,889,62811,368,2323.23%+478,604
BANK MONTREAL MEDIUM41,85043,300+1,4505,435,0775,865,9631.67%+430,886
CANADIAN PACIFIC KANSAS CITY(CP)51,71053,730+2,0203,807,0764,228,9871.20%+421,911
WASTE CONNECTIONS INC(WCN)02,070+2,0700336,3890.10%+336,389
KINROSS GOLD CORP(KGC)91,18087,620-3,5602,568,2792,679,3100.76%+111,031
ENERFLEX LTD(EFXT)894,086661,252-232,83413,784,01213,835,1663.93%+51,154
ROYAL BK CDA(RY)80,85083,840+2,99013,783,45213,555,8423.85%-227,610
MANULIFE FINL CORP(MFC)106,961100,761-6,2003,884,0443,471,6320.99%-412,412
NEXGEN ENERGY LTD(NXE)506,190354,400-151,7904,657,9804,112,6491.17%-545,331
BARRICK MNG CORP(B)105,88094,970-10,9104,612,3603,881,8731.10%-730,487
OR ROYALTIES INC.(OR)24,8900-24,890880,8570-880,857
PEMBINA PIPELINE CORP(PBA)140,32099,545-40,7755,342,5004,458,9911.27%-883,509
OLD DOMINION FREIGHT LINE IN(ODFL)5,9800-5,980937,6640-937,664
ENERGY FUELS INC(UUUU)72,9800-72,9801,057,0630-1,057,063
ENDEAVOUR SILVER CORP(EXK)561,640413,240-148,4005,282,8103,856,5721.10%-1,426,238
AMERICAS GOLD AND SILVER COR(USAS)861,090458,250-402,8404,416,7412,392,0130.68%-2,024,728
ORLA MNG LTD NEW(ORLA)517,480305,180-212,3006,959,9474,908,4731.39%-2,051,474
FORTUNA MNG CORP(FSM)486,520258,330-228,1904,767,6422,568,7470.73%-2,198,895
SHOPIFY INC(SHOP)70,71074,860+4,15011,385,5448,884,1532.52%-2,501,391
CAE INC(CAE)760,585782,693+22,10823,130,97320,405,1105.80%-2,725,863
AMCOR PLC(AMCR)360,3950-360,3953,005,6940-3,005,694
IAMGOLD CORP(IAG)642,050403,320-238,73010,595,2347,586,5412.15%-3,008,693
VIZSLA SILVER CORP(VZLA)551,4400-551,4403,021,3200-3,021,320
TELESAT CORP(TSAT)117,4980-117,4983,387,4840-3,387,484
AMERICAN EXPRESS CO(AXP)9,9400-9,9403,677,3030-3,677,303
FIRST MAJESTIC SILVER CORP(AG)256,3600-256,3604,277,2680-4,277,268
EQUINOX GOLD CORP(EQX)881,940555,385-326,55512,392,4248,022,3802.28%-4,370,044
ROYAL GOLD INC(RGLD)21,4680-21,4684,772,1220-4,772,122
CAPITAL ONE FINL CORP(COF)20,4000-20,4004,944,1440-4,944,144
BANK NOVA SCOTIA B C74,2306,740-67,4905,474,814467,4950.13%-5,007,319
GILDAN ACTIVEWEAR INC(GIL)91,0007,911-83,0895,685,164440,6450.13%-5,244,519
CGI INC(GIB)75,93020,780-55,1507,013,6621,519,4660.43%-5,494,196
PAN AMERN SILVER CORP(PAAS)118,9180-118,9186,165,4420-6,165,442
BOYD GROUP SERVICES INC(BGSI)115,23093,893-21,33718,355,06811,988,8113.41%-6,366,257
RB GLOBAL INC(RBA)82,69013,735-68,9558,509,1831,316,5000.37%-7,192,683
CARVANA CO(CVNA)21,9006,496-15,4049,242,2382,042,2120.58%-7,200,026
METHANEX CORP(MEOH)208,6300-208,6308,279,4590-8,279,459
BROOKFIELD CORP(BN)334,090101,020-233,07015,336,0984,094,3011.16%-11,241,797
CRH PLC
ORD
187,230112,773-74,45723,366,30411,854,6983.37%-11,511,606
BROOKFIELD BUSINESS PARTNERS1,163,4860-1,163,48641,162,2310-41,162,231
Page 1 of 1