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Institutional Investment Manager
PCJ Investment Counsel Ltd.
PCJ Investment Counsel Ltd. (CIK: 0001426318), located at 130 King Street West, Toronto, A6. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q1)
Portfolio Summary: 64 holdings with a total value of $1,621,595,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 TORONTO DOMINION BK ONT 3,800,002 164,698,000 10.16%
2 ROYAL BK CDA MONTREAL QUE 2,707,215 156,621,000 9.66%
3 BANK N S HALIFAX 2,570,119 126,117,000 7.78%
4 CANADIAN NATL RY CO 1,330,382 83,477,000 5.15%
5 BCE INC 1,819,352 83,256,000 5.13%
6 MANULIFE FINL CORP 5,170,619 73,475,000 4.53%
7 TRANSCANADA CORP 1,750,600 69,106,000 4.26%
8 CDN IMPERIAL BK COMM TORONTO 889,447 66,716,000 4.11%
9 BROOKFIELD ASSET MGMT INC 1,881,380 65,702,000 4.05%
10 SUNCOR ENERGY INC NEW 2,283,839 63,865,000 3.94%
11 CANADIAN NAT RES LTD 1,801,170 48,920,000 3.02%
12 CRESCENT PT ENERGY CORP 3,377,338 46,948,000 2.90%
13 AGNICO EAGLE MINES LTD 1,143,720 41,550,000 2.56%
14 COTT CORP QUE 2,863,833 39,965,000 2.46%
15 CANADIAN PAC RY LTD 293,551 39,161,000 2.41%
16 SUN LIFE FINL INC 1,107,879 35,889,000 2.21%
17 FRANCO NEVADA CORP 578,350 35,664,000 2.20%
18 GOLDCORP INC NEW 2,166,647 35,294,000 2.18%
19 GROUPE CGI INC 732,564 35,154,000 2.17%
20 MAGNA INTL INC 806,816 34,825,000 2.15%
21 RESTAURANT BRANDS INTL INC 782,328 30,508,000 1.88%
22 OPEN TEXT CORP 537,753 27,972,000 1.72%
23 PEMBINA PIPELINE CORP 947,777 25,727,000 1.59%
24 POTASH CORP SASK INC 1,496,620 25,583,000 1.58%
25 GILDAN ACTIVEWEAR INC 798,514 24,447,000 1.51%
26 WASTE CONNECTIONS INC 770,450 24,053,000 1.48%
27 SILVER WHEATON CORP 1,368,750 22,805,000 1.41%
28 ROGERS COMMUNICATIONS INC 507,416 20,399,000 1.26%
29 VERMILION ENERGY INC 656,985 19,307,000 1.19%
30 CONCORDIA INTERNATIONAL CORP 676,390 17,382,000 1.07%
31 NORBORD INC 152,205 3,041,000 0.19%
32 ETRADE GROUP 104,800 2,567,000 0.16%
33 Vaneck Vectors Gold 107,100 2,139,000 0.13%
34 US BANCORP DEL 47,900 1,944,000 0.12%
35 NEW GOLD INC CDA 515,395 1,933,000 0.12%
36 VISA INC 23,800 1,820,000 0.11%
37 WELLS FARGO & CO NEW 32,000 1,548,000 0.10%
38 HOME DEPOT INC 11,010 1,469,000 0.09%
39 OWENS CORNING NEW 27,900 1,319,000 0.08%
40 ENCANA CORP 200,000 1,225,000 0.08%
41 CIMAREX ENERGY 12,500 1,216,000 0.07%
42 ALAMOS GOLD INC NEW 213,630 1,136,000 0.07%
43 B2GOLD CORP 679,530 1,135,000 0.07%
44 NEVSUN RES LTD 341,623 1,109,000 0.07%
45 CITIGROUP INC 26,400 1,102,000 0.07%
46 PGT INNOVATIONS INC COM 105,200 1,035,000 0.06%
47 MOHAWK INDS 5,000 954,000 0.06%
48 CARROLS RESTAURANT GROUP INC 56,676 818,000 0.05%
49 LOWES COS INC 10,800 818,000 0.05%
50 FIRSTSERVICE CORP NEW 16,610 685,000 0.04%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001596800-16-000050, filed 2016.05.13).

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.