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Institutional Investment Manager
Hexavest Inc.
Hexavest Inc. (CIK: 0001389191), located at 1250 Rene-Levesque Street West, Montreal, A8. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q1)
Portfolio Summary: 475 holdings with a total value of $6,305,085,000.
#
Name
Shares
Value ($)
%
Options
Notes
151 ISHARES TR 181,782 5,697,000 0.09%
152 QBE INSURANCE GROUP EL 545,107 5,430,000 0.09%
153 TRANSALTA CORP 582,546 5,405,000 0.09%
154 CREDICORP LTD 37,444 5,266,000 0.08%
155 COMINAR PROP 340,790 5,164,000 0.08%
156 Manitoba Telecom Services Inc 268,715 5,094,000 0.08%
157 LAUDER ESTEE COS INC 59,417 4,941,000 0.08%
158 CDN IMPERIAL BK COMM TORONTO 68,127 4,939,000 0.08%
159 ENEL AMERICAS S A 296,169 4,816,000 0.08%
160 METRO INC 175,035 4,743,000 0.08%
161 REITMANS CDA LTD CO 925,320 4,683,000 0.07%
162 ENERCARE INC PROP 380,934 4,587,000 0.07%
163 Canadian Oil Sands Ltd 589,431 4,584,000 0.07%
164 VERESEN INC 346,250 4,560,000 0.07%
165 FAIRFAX FINANCIAL HOLDINGS LTD 7,916 4,438,000 0.07%
166 ISHARES INC 108,464 4,370,000 0.07%
167 KP TISSUE INC N 331,717 4,256,000 0.07%
168 RIOCAN CO 185,843 4,251,000 0.07%
169 PEMBINA PIPELINE CORP 134,169 4,240,000 0.07%
170 NORBORD INC 200,514 4,221,000 0.07%
171 INTERPIPELINELTD 162,107 4,178,000 0.07%
172 ENBRIDGE INCOME FD PROP 141,682 4,173,000 0.07%
173 SAPUTOINC 150,001 4,123,000 0.07%
174 CASCADES INC PROP 673,328 4,056,000 0.06%
175 Bombardier Inc 2,047,067 4,041,000 0.06%
176 ALACER GOLD CORP 1,851,890 4,006,000 0.06%
177 COGECO CABLE INC BKG 74,549 3,997,000 0.06%
178 DOREL INDUSTRIES INCPROP 142,546 3,958,000 0.06%
179 IAMGOLD CORP 2,102,155 3,917,000 0.06%
180 BROOKFIELD RENEWABLE PARTNER 121,359 3,833,000 0.06%
181 TRANSALTA RENEWABLESCO L 384,274 3,808,000 0.06%
182 ABBOTT LABS 78,850 3,653,000 0.06%
183 H&RREALESTATE IN 196,527 3,620,000 0.06%
184 CENTERRA GOLD INC COM 738,127 3,602,000 0.06%
185 GPT GROUP 1,021,531 3,566,000 0.06%
186 FEDERATION CENTRES 1,527,394 3,547,000 0.06%
187 SK TELECOM LTD 129,743 3,530,000 0.06%
188 Western Forest Products 2,259,660 3,515,000 0.06%
189 ELDORADO GOLD CORP NEW 735,361 3,373,000 0.05%
190 KINROSS GOLD CORP 1,506,545 3,343,000 0.05%
191 OSISKO GOLD ROYALTIES LTD 252,820 3,342,000 0.05%
192 ALAMOS GOLD INC 562,266 3,294,000 0.05%
193 NATLBKCAN 85,642 3,127,000 0.05%
194 TRANSALTA RENEWABLESCO L 311,615 3,112,000 0.05%
195 GMP CAPITAL INC C 646,301 2,939,000 0.05%
196 NEVSUN RES LTD 856,958 2,889,000 0.05%
197 EXXON MOBIL CORP 33,668 2,862,000 0.05%
198 RIO TINTO LIMITED 57,289 2,505,000 0.04%
199 TURQUOISE HILL RES LTD 792,360 2,471,000 0.04%
200 VALEANT PHARMACEUTICALS INTL 12,324 2,435,000 0.04%
Page 4 of 10

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001389191-15-000002, filed 2015.04.10).

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.