Fund Holdings

PCJ Investment Counsel Ltd.

Filing Period:
Securities
SharesValue ($K)
Q2 2025
Q3 2025
Change
Q2 2025
Q3 2025
Weight (%)
Change
CAE INC(CAE)34,950533,740+498,7901,024,70015,803,3094.40%+14,778,609
BROOKFIELD BUSINESS PARTNERS1,270,7841,338,079+67,29533,036,55043,786,29912.18%+10,749,749
BROOKFIELD CORP(BN)110,740232,780+122,0406,858,19515,966,3864.44%+9,108,191
IAMGOLD CORP(IAG)434,930747,070+312,1403,205,5399,649,5922.68%+6,444,053
PAN AMERN SILVER CORP(PAAS)38,470186,568+148,0981,092,2957,228,1232.01%+6,135,828
CENOVUS ENERGY INC(CVE)80,630413,600+332,9701,096,6907,025,2361.95%+5,928,546
EQUINOX GOLD CORP(EQX)444,360668,230+223,8702,569,7487,487,2392.08%+4,917,491
CRH PLC192,900182,900-10,00017,708,22021,929,7106.10%+4,221,490
SANDSTORM GOLD LTD174,750427,350+252,6001,644,9295,347,9811.49%+3,703,052
CARVANA CO(CVNA)16,60024,300+7,7005,593,5369,166,9322.55%+3,573,396
GILDAN ACTIVEWEAR INC(GIL)056,970+56,97003,291,7400.92%+3,291,740
TASEKO MINES LTD(TGB)0726,660+726,66003,079,9330.86%+3,079,933
CITIGROUP INC(C)029,870+29,87003,031,8050.84%+3,031,805
STANTEC INC(STN)025,000+25,00002,695,0000.75%+2,695,000
BUILDERS FIRSTSOURCE INC(BLDR)022,130+22,13002,683,2630.75%+2,683,263
VIZSLA SILVER CORP(VZLA)0566,740+566,74002,446,9000.68%+2,446,900
SHOPIFY INC(SHOP)70,14068,190-1,9508,089,24310,128,5012.82%+2,039,258
ENDEAVOUR SILVER CORP(EXK)679,030677,220-1,8103,348,0535,302,9101.48%+1,954,857
DENISON MINES CORP(DNN)2,049,4902,045,310-4,1803,749,9545,627,5051.57%+1,877,551
BARRICK MNG CORP(B)48,00087,170+39,170999,9432,862,4390.80%+1,862,496
BANK NOVA SCOTIA HALIFAX51,10068,630+17,5302,827,4614,436,7631.23%+1,609,302
AMERICAS GOLD AND SILVER COR(USAS)0425,000+425,00001,584,5800.44%+1,584,580
CELESTICA INC(CLS)06,280+6,28001,545,0410.43%+1,545,041
ROYAL BK CDA(RY)77,97079,960+1,99010,282,53511,782,5353.28%+1,500,000
KINROSS GOLD CORP(KGC)125,200138,270+13,0701,955,9083,430,9020.95%+1,474,994
AGNICO EAGLE MINES LTD(AEM)37,96034,360-3,6004,525,4835,785,8711.61%+1,260,388
FORTUNA MNG CORP(FSM)368,110391,730+23,6202,415,5163,506,4110.98%+1,090,895
CAPITAL ONE FINL CORP(COF)40,40045,550+5,1508,595,5049,683,0192.69%+1,087,515
BANK MONTREAL QUE47,36047,570+2105,251,8286,197,3881.72%+945,560
ENERFLEX LTD(EFXT)1,487,6801,167,110-320,57011,751,64912,584,9193.50%+833,270
CANADIAN IMPERIAL BANK OF CO(CM)53,11057,120+4,0103,772,2804,563,4151.27%+791,135
METHANEX CORP(MEOH)120,230117,730-2,5003,982,2524,680,6391.30%+698,387
ERO COPPER CORP(ERO)034,340+34,3400695,4300.19%+695,430
WHEATON PRECIOUS METALS CORP(WPM)28,43028,400-302,558,3033,177,4330.88%+619,130
SUNCOR ENERGY INC NEW(SU)66,76072,870+6,1102,503,7153,048,7940.85%+545,079
ENBRIDGE INC(ENB)107,830105,550-2,2804,892,7995,323,7201.48%+430,921
CENTERRA GOLD INC(CGAU)165,480149,520-15,9601,195,3081,601,5290.45%+406,221
SKEENA RES LTD NEW(SKE)146,060145,880-1802,324,7192,685,9770.75%+361,258
FIRST MAJESTIC SILVER CORP(AG)499,280363,780-135,5004,134,7474,466,2071.24%+331,460
AMCOR PLC(AMCR)675,925788,145+112,2206,211,7516,447,0261.79%+235,275
NUTRIEN LTD(NTR)24,73028,100+3,3701,441,9551,649,8550.46%+207,900
ROGERS COMMUNICATIONS INC(RCI)38,27038,030-2401,135,8291,308,9120.36%+173,083
TELESAT CORP(TSAT)113,850112,180-1,6702,768,2842,927,7820.81%+159,498
NEW GOLD INC CDA833,660585,660-248,0004,147,2334,194,6781.17%+47,445
CAMECO CORP(CCJ)22,95020,890-2,0601,706,9851,752,8280.49%+45,843
ORLA MNG LTD NEW(ORLA)266,250248,560-17,6902,676,4342,680,2170.75%+3,783
LIGHTSPEED COMMERCE INC(LSPD)126,240126,020-2201,482,3631,454,8340.40%-27,529
DOCEBO INC43,34043,280-601,257,0051,180,5540.33%-76,451
TORONTO DOMINION BK ONT(TD)112,030100,760-11,2708,245,3578,054,9572.24%-190,400
OR ROYALTIES INC.(OR)143,04084,900-58,1403,678,8013,402,0770.95%-276,724
THOMSON REUTERS CORP7,5608,016+4561,521,2461,244,4300.35%-276,816
WASTE CONNECTIONS INC(WCN)13,53012,670-8602,529,0742,226,8840.62%-302,190
DESCARTES SYS GROUP INC(DSGX)47,93048,080+1504,871,8834,529,3611.26%-342,522
MANULIFE FINL CORP(MFC)114,421103,341-11,0803,660,7913,218,9920.90%-441,799
NEXGEN ENERGY LTD(NXE)746,400520,200-226,2005,185,9574,656,3581.30%-529,599
HUDBAY MINERALS INC(HBM)50,0000-50,000530,9070-530,907
TECK RESOURCES LTD(TECK)53,26036,630-16,6302,153,9491,606,4990.45%-547,450
SUN LIFE FINANCIAL INC.(SLF)34,29025,730-8,5602,283,2331,544,7140.43%-738,519
TELUS CORPORATION(TU)76,7270-76,7271,233,6060-1,233,606
CGI INC(GIB)11,8700-11,8701,247,3780-1,247,378
FREEPORT-MCMORAN INC(FCX)35,0000-35,0001,517,2500-1,517,250
BURLINGTON STORES INC(BURL)7,0000-7,0001,628,4800-1,628,480
CANADIAN NATL RY CO(CNI)41,46024,990-16,4704,320,9792,356,0820.66%-1,964,897
TFI INTL INC(TFII)22,3200-22,3202,002,5610-2,002,561
PEMBINA PIPELINE CORP(PBA)192,120127,780-64,3407,209,8635,168,2341.44%-2,041,629
ALAMOS GOLD INC NEW85,7400-85,7402,281,9850-2,281,985
TC ENERGY CORP(TRP)49,0400-49,0402,392,7610-2,392,761
CANADIAN PACIFIC KANSAS CITY(CP)80,54049,580-30,9606,385,7613,691,7631.03%-2,693,998
RB GLOBAL INC(RBA)110,13080,160-29,97011,698,2118,683,9412.42%-3,014,270
WELLS FARGO CO NEW(WFC)40,0000-40,0003,204,8000-3,204,800
BROOKFIELD INFRAST PARTNERS262,210169,100-93,1108,786,4795,566,3161.55%-3,220,163
AERCAP HOLDINGS NV(AER)45,5907,590-38,0005,334,030918,3900.26%-4,415,640
MAG SILVER CORP218,6800-218,6804,648,7730-4,648,773
CANADIAN NAT RES LTD(CNQ)267,620115,810-151,8108,415,7993,702,2351.03%-4,713,564
Page 1 of 1