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Institutional Investment Manager
LETKO, BROSSEAU & ASSOCIATES INC
LETKO, BROSSEAU & ASSOCIATES INC (CIK: 0001297496), located at 1800, Mcgill College, Suite 2510, Montreal, A8. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q1)
Portfolio Summary: 110 holdings with a total value of $10,136,886,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 MEDTRONIC PLC 496,165 37,212,000 0.37%
52 GLAXOSMITHKLINE PLC 1,104,243 44,777,000 0.44%
53 PEPSICO INC 469,159 48,079,000 0.47%
54 FIRST SOLAR INC 740,119 50,676,000 0.50%
55 FLUOR CORP NEW 960,623 51,585,000 0.51%
56 PENGROWTH ENERGY CORP 39,749,676 52,097,000 0.51%
57 KIMBERLY CLARK CORP 388,376 52,240,000 0.52%
58 TELEFONAKTIEBOLAGET LM ERICS 5,251,776 52,675,000 0.52%
59 HEWLETT PACKARD ENTERPRISE C 3,468,927 61,504,000 0.61%
60 CAMECO CORP 5,037,761 64,744,000 0.64%
61 JOHNSON CTLS INTL PLC 1,825,175 71,127,000 0.70%
62 BAXALTA INC COM 1,782,732 72,022,000 0.71%
63 DEVON ENERGY CORP NEW 2,629,727 72,160,000 0.71%
64 NORBORD INC 3,658,614 72,885,000 0.72%
65 DICKS SPORTING GOODS INC 1,605,155 75,041,000 0.74%
66 HESS CORP 1,425,715 75,064,000 0.74%
67 ORACLE CORP 1,965,590 80,412,000 0.79%
68 STATE STR CORP 1,468,384 85,930,000 0.85%
69 HUDBAY MINERALS INC 25,874,344 94,952,000 0.94%
70 VODAFONE GROUP PLC NEW 2,970,860 95,216,000 0.94%
71 CAE INC 8,501,366 98,443,000 0.97%
72 FREEPORT-MCMORAN INC 9,685,451 100,148,000 0.99%
73 MERCK & CO INC 1,916,049 101,378,000 1.00%
74 FRESH DEL MONTE PRODUCE INC COM 2,511,914 105,676,000 1.04%
75 ENCANA CORP 17,731,026 108,264,000 1.07%
76 GOODYEAR TIRE & RUBR CO 3,454,715 113,937,000 1.12%
77 UNITED PARCEL SERVICE INC 1,094,985 115,488,000 1.14%
78 INTEL CORP 3,828,879 123,864,000 1.22%
79 JOHNSON & JOHNSON 1,177,024 127,354,000 1.26%
80 CONOCOPHILLIPS 3,225,723 129,900,000 1.28%
81 GILEAD SCIENCES INC 1,494,730 137,306,000 1.35%
82 WAL-MART STORES INC 2,070,899 141,836,000 1.40%
83 PFIZER INC 4,798,775 142,236,000 1.40%
84 COMCAST CORP NEW 2,435,457 148,758,000 1.47%
85 BROOKFIELD PPTY PARTNERS L P 6,609,607 152,819,000 1.51%
86 AGRIUM INC 1,771,088 156,573,000 1.54%
87 ROYAL DUTCH SHELL PLC 3,507,244 169,926,000 1.68%
88 CENOVUS ENERGY INC 13,371,592 174,219,000 1.72%
89 INTERNATIONAL BUSINESS MACHS 1,153,275 174,663,000 1.72%
90 CITIGROUPINC 4,445,596 185,604,000 1.83%
91 BANK AMER CORP 14,036,886 189,779,000 1.87%
92 CISCO SYS INC 6,827,278 194,373,000 1.92%
93 MAGNA INTL INC 4,528,051 194,897,000 1.92%
94 CELESTICA INC 18,947,011 208,299,000 2.05%
95 GENERAL ELECTRIC CO 6,876,554 218,606,000 2.16%
96 TECK RESOURCES LTD 28,980,881 220,077,000 2.17%
97 AT&T INC 6,493,018 254,332,000 2.51%
98 VERIZON COMMUNICATIONS INC 4,980,862 269,365,000 2.66%
99 ROGERS COMMUNICATIONS INC 6,902,974 276,736,000 2.73%
100 MANULIFE FINL CORP 19,566,149 277,254,000 2.74%
Page 2 of 3

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001297496-16-000022, filed 2016.05.11).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.