LETKO, BROSSEAU & ASSOCIATES INC Q4 2025 Filing
Filed February 11, 2026
Portfolio Value
$6.1B
Holdings
100
Report Date
Q4 2025
Filing Type
13F-HR
All Holdings (100 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | BNSBANK NOVA SCOTIA HALIFAX | 3,725,790 | $275.1B | 4505.01% | |
| 2 | GOOGALPHABET INC | 837,666 | $262.9B | 4303.79% | |
| 3 | TDTORONTO DOMINION BK ONT | 2,742,748 | $258.8B | 4237.94% | |
| 4 | RCI/BROGERS COMMUNICATIONS INC | 6,621,447 | $250.3B | 4097.65% | |
| 5 | RYROYAL BK CDA | 1,465,322 | $250.1B | 4095.43% | |
| 6 | MFCMANULIFE FINL CORP | 6,151,217 | $223.7B | 3661.92% | |
| 7 | BMOBANK MONTREAL QUE | 1,674,225 | $217.7B | 3564.61% | |
| 8 | MGAMAGNA INTL INC | 4,067,800 | $217.1B | 3555.17% | |
| 9 | LIESUN LIFE FINANCIAL INC. | 3,208,223 | $200.5B | 3283.31% | |
| 10 | BBARRICK MNG CORP | 4,587,350 | $200.1B | 3276.12% | |
| 11 | OTXOPEN TEXT CORP | 5,681,093 | $185.3B | 3033.24% | |
| 12 | NTRNUTRIEN LTD | 2,910,084 | $179.9B | 2944.83% | |
| 13 | BCEBCE INC | 7,338,441 | $175.3B | 2869.79% | |
| 14 | CMCANADIAN IMPERIAL BANK OF CO | 1,812,262 | $164.5B | 2693.49% | |
| 15 | METAMETA PLATFORMS INC | 198,547 | $131.1B | 2145.81% | |
| 16 | ILMNILLUMINA INC | 858,993 | $112.7B | 1844.66% | |
| 17 | INTCINTEL CORP | 2,993,420 | $110.5B | 1808.51% | |
| 18 | TAT&T INC | 4,130,100 | $102.6B | 1679.72% | |
| 19 | CVECENOVUS ENERGY INC | 5,949,541 | $100.8B | 1650.12% | |
| 20 | CAECAE INC | 3,219,140 | $98.0B | 1604.95% | |
| 21 | PFEPFIZER INC | 3,878,438 | $96.6B | 1581.19% | |
| 22 | TRVCCITIGROUP INC | 810,460 | $94.6B | 1548.43% | |
| 23 | TTELUS CORPORATION | 6,775,387 | $89.4B | 1463.99% | |
| 24 | CVSCVS HEALTH CORP | 1,111,860 | $88.2B | 1444.70% | |
| 25 | STTSTATE STR CORP | 668,226 | $86.2B | 1411.47% | |
| 26 | TFCTRUIST FINL CORP | 1,696,756 | $83.5B | 1367.10% | |
| 27 | GSKGSK PLC | 1,674,863 | $82.1B | 1344.80% | |
| 28 | ADBEADOBE INC | 226,696 | $79.3B | 1299.05% | |
| 29 | CNRCANADIAN NATL RY CO | 773,340 | $76.6B | 1253.94% | |
| 30 | EMNEASTMAN CHEM CO | 1,194,421 | $76.2B | 1248.26% | |
| 31 | SUSUNCOR ENERGY INC NEW | 1,661,252 | $73.8B | 1208.82% | |
| 32 | TTETOTALENERGIES SE | 1,106,404 | $72.2B | 1182.69% | |
| 33 | WFGWEST FRASER TIMBER CO LTD | 1,171,348 | $71.8B | 1174.83% | |
| 34 | BACVERIZON COMMUNICATIONS INC | 1,712,944 | $69.8B | 1142.31% | |
| 35 | ELPCCOMPANHIA PARANAENSE DE ENER | 7,276,402 | $69.2B | 1132.98% | |
| 36 | CMCSACOMCAST CORP NEW | 2,265,221 | $67.7B | 1108.57% | |
| 37 | ABBVABBVIE INC | 285,104 | $65.1B | 1066.59% | |
| 38 | FDXFEDEX CORP | 223,597 | $64.6B | 1057.50% | |
| 39 | TECK/BTECK RESOURCES LTD | 1,216,592 | $58.3B | 954.87% | |
| 40 | BACBANK AMERICA CORP | 979,815 | $53.9B | 882.32% | |
| 41 | WFCWELLS FARGO CO NEW | 577,544 | $53.8B | 881.31% | |
| 42 | CRUSCIRRUS LOGIC INC | 450,284 | $53.4B | 873.63% | |
| 43 | SAJACOMPANHIA DE SANEAMENTO BASI | 2,216,854 | $52.9B | 865.66% | |
| 44 | GPKGRAPHIC PACKAGING HLDG CO | 3,451,510 | $52.0B | 851.05% | |
| 45 | CXCEMEX SAB DE CV | 3,823,500 | $43.9B | 719.30% | |
| 46 | EFXENERFLEX LTD | 2,815,688 | $43.5B | 711.65% | |
| 47 | AWMSKYWORKS SOLUTIONS INC | 671,432 | $42.6B | 697.08% | |
| 48 | IVZINVESCO LTD | 1,575,463 | $41.4B | 677.63% | |
| 49 | QSRRESTAURANT BRANDS INTL INC | 604,192 | $41.3B | 675.91% | |
| 50 | COPCONOCOPHILLIPS | 430,664 | $40.3B | 660.06% | |
| 51 | MRKMERCK & CO INC | 370,534 | $39.0B | 638.58% | |
| 52 | LULULULULEMON ATHLETICA INC | 176,638 | $36.7B | 601.00% | |
| 53 | UPSUNITED PARCEL SERVICE INC | 358,175 | $35.5B | 581.68% | |
| 54 | MACMACERICH CO | 1,876,270 | $34.6B | 567.08% | |
| 55 | HBMHUDBAY MINERALS INC | 1,569,583 | $31.2B | 510.87% | |
| 56 | ADNTADIENT PLC | 1,576,385 | $30.2B | 494.78% | |
| 57 | BAPCREDICORP LTD | 101,221 | $29.1B | 475.64% | |
| 58 | CPACOPA HOLDINGS SA | 195,203 | $23.5B | 385.47% | |
| 59 | WMTWALMART INC | 207,606 | $23.1B | 378.69% | |
| 60 | BIIBBIOGEN INC | 129,780 | $22.8B | 373.94% | |
| 61 | MRNAMODERNA INC | 726,440 | $21.4B | 350.74% | |
| 62 | CVXCHEVRON CORP NEW | 132,485 | $20.2B | 330.60% | |
| 63 | IBNICICI BANK LIMITED | 427,852 | $12.7B | 208.74% | |
| 64 | CXMSPRINKLR INC | 1,435,075 | $11.2B | 182.79% | |
| 65 | PRNPROFOUND MED CORP | 970,675 | $7.6B | 124.88% | |
| 66 | HDBHDFC BANK LTD | 177,035 | $6.5B | 105.90% | |
| 67 | SWSMURFIT WESTROCK PLC | 97,909 | $3.8B | 61.99% | |
| 68 | XBISPDR SERIES TRUST | 32,825 | $3.7B | 60.56% | |
| 69 | SCHWSCHWAB CHARLES CORP | 19,746 | $2.0B | 32.29% | |
| 70 | INGING GROEP N.V. | 48,925 | $1.4B | 22.41% | |
| 71 | CRMSALESFORCE INC | 3,400 | $900.0M | 14.74% | |
| 72 | PPLPEMBINA PIPELINE CORP | 23,250 | $886.0M | 14.51% | |
| 73 | FLINFRANKLIN TEMPLETON ETF TR | 22,950 | $885.0M | 14.49% | |
| 74 | SHELSHELL PLC | 9,085 | $667.0M | 10.92% | |
| 75 | FCXFREEPORT-MCMORAN INC | 9,625 | $488.0M | 7.99% | |
| 76 | VALEVALE S A | 36,650 | $477.0M | 7.81% | |
| 77 | EMAEMERA INC | 8,485 | $418.0M | 6.84% | |
| 78 | EROERO COPPER CORP | 14,700 | $416.0M | 6.81% | |
| 79 | NAMSNEWAMSTERDAM PHARMA COMPANY | 11,775 | $413.0M | 6.76% | |
| 80 | FTSFORTIS INC | 7,900 | $411.0M | 6.73% | |
| 81 | NXPINXP SEMICONDUCTORS N V | 1,775 | $385.0M | 6.30% | |
| 82 | PVLAPALVELLA THERAPEUTICS INC NE | 3,500 | $366.0M | 5.99% | |
| 83 | ALBALBEMARLE CORP | 2,475 | $350.0M | 5.73% | |
| 84 | GOOGLALPHABET INC | 1,092 | $341.0M | 5.58% | |
| 85 | MSFTMICROSOFT CORP | 639 | $309.0M | 5.06% | |
| 86 | SPRYARS PHARMACEUTICALS INC | 24,700 | $287.0M | 4.70% | |
| 87 | ORCLORACLE CORP | 1,420 | $276.0M | 4.52% | |
| 88 | AMRZAMRIZE LTD | 4,941 | $271.0M | 4.44% | |
| 89 | MGTXMEIRAGTX HLDGS PLC | 32,000 | $254.0M | 4.16% | |
| 90 | AQSTAQUESTIVE THERAPEUTICS INC | 35,325 | $228.0M | 3.73% | |
| 91 | CABACABALETTA BIO INC | 90,475 | $198.0M | 3.24% | |
| 92 | BCAXBICARA THERAPEUTICS INC | 11,175 | $188.0M | 3.08% | |
| 93 | AURAAURA BIOSCIENCES INC | 28,300 | $154.0M | 2.52% | |
| 94 | TENXTENAX THERAPEUTICS INC | 10,650 | $129.0M | 2.11% | |
| 95 | GOSSGOSSAMER BIO INC | 39,400 | $122.0M | 2.00% | |
| 96 | REPLREPLIMUNE GROUP INC | 10,800 | $104.0M | 1.70% | |
| 97 | TCRXTSCAN THERAPEUTICS INC | 95,875 | $95.0M | 1.56% | |
| 98 | ALDXALDEYRA THERAPEUTICS INC | 17,300 | $89.0M | 1.46% | |
| 99 | HUMAHUMACYTE INC | 45,950 | $44.0M | 0.72% | |
| 100 | PROKPROKIDNEY CORP | 15,900 | $35.0M | 0.57% |