Pcj Investment Counsel Ltd.
Institutional manager — quarterly 13F holdings, Q ending 2026-03-31
Reported value
$352.1M
Q ending 2026-03-31
Prior quarter
$404.2M
Q ending 2025-12-31
Change
-12.9% QoQ · +37.7% YoY
Positions
59
reported holdings
Largest positions
All 59 reported positions, Q ending 2026-03-31. A manager can hold shares, calls and puts on the same security at once — such positions are listed as separate rows. Type: Shares = common stock, Put/Call = option positions (valued at the underlying), Principal = debt. Tickers link to stock pages where covered.
| Holding | Ticker | Type | Value ▼ | Shares |
|---|---|---|---|---|
| Brookfield Business Corp | BBUC | Shares | $31.0M | 979K |
| Cae Inc | CAE | Shares | $20.4M | 783K |
| Enerflex Ltd | EFXT | Shares | $13.8M | 661K |
| Royal Bk Cda | RY | Shares | $13.6M | 84K |
| Baytex Energy Corp | BTE | Shares | $12.5M | 2.8M |
| Boyd Group Services Inc | BGSI | Shares | $12.0M | 94K |
| Crh Plc | Shares | $11.9M | 113K | |
| Cenovus Energy Inc | CVE | Shares | $11.7M | 443K |
| Toronto Dominion Bk Ont | TD | Shares | $11.4M | 122K |
| Brookfield Infrastructure Pa | Shares | $10.6M | 293K | |
| Denison Mines Corp | DNN | Shares | $9.4M | 2.7M |
| Shopify Inc | SHOP | Shares | $8.9M | 75K |
| Equinox Gold Corp | EQX | Shares | $8.0M | 555K |
| Gfl Environmental Inc | GFL | Shares | $7.8M | 188K |
| Iamgold Corp | IAG | Shares | $7.6M | 403K |
| Enbridge Inc | ENB | Shares | $6.7M | 124K |
| Taseko Mines Ltd | TKOEUR | Shares | $6.6M | 1.0M |
| Canadian Natl Ry Co | CNI | Shares | $6.4M | 62K |
| Canadian Nat Res Ltd Med Ter | CNQ | Shares | $6.2M | 128K |
| Agnico Eagle Mines Ltd | AEM | Shares | $6.2M | 30K |
| Bank Montreal Medium | BMO | Shares | $5.9M | 43K |
| Ero Copper Corp | ERO | Shares | $5.6M | 212K |
| Canadian Imperial Bank Of Co | CM | Shares | $5.6M | 59K |
| Brookfield Renewable Energy | Shares | $5.6M | 171K | |
| Suncor Energy Inc New | SU | Shares | $5.5M | 83K |
| Orla Mng Ltd New | ORLA | Shares | $4.9M | 305K |
| Aris Mining Corporation | ARIS | Shares | $4.8M | 260K |
| Perpetua Resources Corp | PPTA | Shares | $4.6M | 164K |
| Centerra Gold Inc | CGAU | Shares | $4.5M | 255K |
| Pembina Pipeline Corp | PBA | Shares | $4.5M | 100K |
| Canadian Pacific Kansas City | CP | Shares | $4.2M | 54K |
| Skeena Res Ltd New | SKE | Shares | $4.2M | 141K |
| Nexgen Energy Ltd | NXE | Shares | $4.1M | 354K |
| Brookfield Corp | BN | Shares | $4.1M | 101K |
| Wheaton Precious Metals Corp | WPM | Shares | $3.9M | 30K |
| Transforce Inc | TFII | Shares | $3.9M | 36K |
| Barrick Mng Corp | B | Shares | $3.9M | 95K |
| Endeavour Silver Corp | EXK | Shares | $3.9M | 413K |
| Manulife Finl Corp | MFC | Shares | $3.5M | 101K |
| Hudbay Minerals Inc | HBM | Shares | $3.4M | 162K |
| Cameco Corp | CCJ | Shares | $3.4M | 31K |
| Teck Resources Ltd | TECK | Shares | $3.3M | 64K |
| Almonty Inds Inc | ALM | Shares | $2.9M | 200K |
| Fortis Inc | FTS | Shares | $2.8M | 50K |
| Kinross Gold Corp | KGC | Shares | $2.7M | 88K |
| Celestica Inc | CLS | Shares | $2.6M | 9K |
| Fortuna Mng Corp | FSM | Shares | $2.6M | 258K |
| Knight-Swift Transn Hldgs In | KNX | Shares | $2.6M | 45K |
| Americas Gold And Silver Cor | USAS | Shares | $2.4M | 458K |
| Lightspeed Commerce Inc | LSPD | Shares | $2.2M | 251K |
| Nutrien Ltd | NTR | Shares | $2.2M | 29K |
| Carvana Co | CVNA | Shares | $2.0M | 6K |
| Cgi Inc | GIB | Shares | $1.5M | 21K |
| Alamos Gold Inc | AGI | Shares | $1.5M | 34K |
| Ats Corporation | ATS | Shares | $1.4M | 50K |
| Rb Global Inc | RBA | Shares | $1.3M | 14K |
| Bank Nova Scotia B C | BNS | Shares | $467K | 7K |
| Gildan Activewear Inc | GIL | Shares | $441K | 8K |
| Waste Connections Inc | WCN | Shares | $336K | 2K |
Values as reported in public regulatory filings (USD); holdings are reported quarterly, up to 45 days after quarter end, and may contain reporting errors. Nothing here is investment advice.