PCJ Investment Counsel Ltd.

CIK: 0001426318SEC EDGAR →

Portfolio Value

$404.2B

Holdings

61

As of

Q4 2025

New Positions

9

Closed Positions

10

Portfolio Value History

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

BROOKFIELD BUSINESS PARTNERS

1,163,486$41.2B
10.18%
2

CRH PLC

187,230$23.4B
5.78%
3

CAE INC

760,585$23.1B
5.72%
4

BOYD GROUP SERVICES INC

115,230$18.4B
4.54%
5

BROOKFIELD CORP

334,090$15.3B
3.79%
6

ENERFLEX LTD

894,086$13.8B
3.41%
7

ROYAL BK CDA

80,850$13.8B
3.41%
8

EQUINOX GOLD CORP

881,940$12.4B
3.07%
9

SHOPIFY INC

70,710$11.4B
2.82%
10

TORONTO DOMINION BK ONT

115,540$10.9B
2.69%

Quarterly Changes

Top Buys

BYDNEW
$18.4B
BTENEW
$8.0B
CAE↑ Increased
$7.3B
$7.0B
EQX↑ Increased
$4.9B

Top Sells

AYS1CLOSED
$5.3B
COF↓ Decreased
$4.7B
DSGCLOSED
$4.5B
NGDCLOSED
$4.2B
CM↓ Decreased
$4.1B

New Positions (9)

$18.4B · 115K shares
$8.0B · 2.5M shares
$7.0B · 76K shares
$4.8B · 21K shares
$3.7B · 10K shares
$1.6B · 30K shares
$1.1B · 73K shares
$937.0M · 6K shares
$903.0M · 9K shares

Closed Positions (12)

$5.3B · 427K shares
$4.5B · 48K shares
$4.2B · 586K shares
$3.0B · 30K shares
$2.7B · 25K shares
$2.7B · 22K shares
$2.2B · 13K shares
$1.5B · 26K shares
$1.3B · 38K shares
$1.2B · 8K shares
$1.2B · 43K shares
$918.4M · 8K shares

Sector Breakdown

Sector# HoldingsValue%
Industrials8$93.8B23.2%
Financial Services11$70.8B17.5%
Basic Materials14$65.3B16.1%
Consumer Cyclical5$59.7B14.8%
Unknown7$36.2B9.0%
Energy7$35.5B8.8%
Technology5$18.7B4.6%
Utilities2$11.7B2.9%
Consumer Defensive1$10.6B2.6%
Communication Services1$2.1B0.5%