PCJ Investment Counsel Ltd.
13F Reported Value
ⓘ$347.9M
Holdings
62
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
PCJ Investment Counsel Ltd. disclosed 62 positions worth $347.9M in its Form 13F-HR for Q2 2026, led by $BBUC.R1871130 (Brookfield Business Corp) at 6.7% of the equity portfolio, followed by $RY and $EFXT. During the quarter the fund opened 9 new positions and exited 6 — including a new stake in $TAC and a full exit from $GFL. The portfolio is most concentrated in Materials (31.1% of disclosed assets). All figures are sourced directly from PCJ Investment Counsel Ltd.’s Form 13F-HR filing with the SEC under CIK 1426318.
AI Fund Analysis
DiversifyingSector Allocation
AUM History
Top Equity Holdings by Value
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
- 47.1#1,795
Quality
$23.3M781,064 sh - 74.8#76
Quality
$16.8M81,100 sh - —
Quality
$14.8M604,197 sh - 80.5
Quality
$13.5M111,100 sh - —
Quality
$13.4M3,334,828 sh - —
Quality
$11.5M107,410 sh - —
Quality
$11.2M475,210 sh - $10.8M295,980 sh
- 51.9
Quality
$9.2M368,790 sh - —
Quality
$9.0M653,290 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 Brookfield Business Corp$BBUC.R1871130 | 47.1#1,795 | $23.3M | 781,064 |
 ROYAL BANK OF CANADA$RY | 74.8#76 | $16.8M | 81,100 |
 Enerflex Ltd.$EFXT | — | $14.8M | 604,197 |
 TORONTO DOMINION BANK$TD | 80.5 | $13.5M | 111,100 |
 BAYTEX ENERGY CORP.$BTE | — | $13.4M | 3,334,828 |
 CRH PUBLIC LTD CO$CRH | — | $11.5M | 107,410 |
 Hudbay Minerals Inc.$HBM | — | $11.2M | 475,210 |
 Brookfield Infrastructure Partners L.P.$BIP | — | $10.8M | 295,980 |
 CENOVUS ENERGY INC.$CVE | 51.9 | $9.2M | 368,790 |
 TRANSALTA CORP$TAC | — | $9.0M | 653,290 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of PCJ Investment Counsel Ltd.'s 62 positions.
Showing top 10 of 62 holdings.
Sector Allocation
Materials
$108.2M
Industrials
$73.9M
Financials
$58.4M
Energy
$46.4M
Technology
$28.7M
Utilities
$11.3M
Real Estate
$7.4M
Other
$7.0M
Full Holdings — PCJ Investment Counsel Ltd. (Q2 2026)
All 62 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $BBUC.R1871130 | Brookfield Business Corp | $23.3M | 6.7% | -20% | 47.1 |
| 2 | $RY | ROYAL BANK OF CANADA | $16.8M | 4.8% | -3% | 74.8 |
| 3 | $EFXT | Enerflex Ltd. | $14.8M | 4.3% | -9% | — |
| 4 | $TD | TORONTO DOMINION BANK | $13.5M | 3.9% | -9% | 80.5 |
| 5 | $BTE | BAYTEX ENERGY CORP. | $13.4M | 3.8% | +19% | — |
| 6 | $CRH | CRH PUBLIC LTD CO | $11.5M | 3.3% | -5% | — |
| 7 | $HBM | Hudbay Minerals Inc. | $11.2M | 3.2% | +194% | — |
| 8 | $BIP | Brookfield Infrastructure Partners L.P. | $10.8M | 3.1% | +1% | — |
| 9 | $CVE | CENOVUS ENERGY INC. | $9.2M | 2.6% | -17% | 51.9 |
| 10 | $TAC | TRANSALTA CORP | $9.0M | 2.6% | NEW | — |
| 11 |  $SHOP | SHOPIFY INC. | $8.8M | 2.5% | +3% | 64.9 |
| 12 |  $BNS | BANK OF NOVA SCOTIA | $8.6M | 2.5% | +1374% | 71.1 |
| 13 |  $CAE | CAE INC | $8.5M | 2.4% | -57% | — |
| 14 |  $BMO | BANK OF MONTREAL /CAN/ | $8.2M | 2.4% | +8% | 76 |
| 15 |  $CNI | CANADIAN NATIONAL RAILWAY CO | $7.7M | 2.2% | +4% | — |
| 16 |  $DNN | DENISON MINES CORP. | $7.5M | 2.1% | -8% | — |
| 17 |  $BN | BROOKFIELD Corp /ON/ | $7.4M | 2.1% | +73% | — |
| 18 | — | ETF SER SOLUTIONS - US GLB JETS | $7.0M | 2.0% | NEW | — |
| 19 |  $ENB | ENBRIDGE INC | $6.9M | 2.0% | +3% | 66.7 |
| 20 |  $CM | CANADIAN IMPERIAL BANK OF COMMERCE /CAN/ | $6.3M | 1.8% | -7% | 76.4 |
| 21 |  $IAG | IAMGOLD CORP | $6.2M | 1.8% | -3% | 33.1 |
| 22 |  $CLS | CELESTICA INC | $6.1M | 1.8% | +78% | 69.8 |
| 23 |  $ALM | Almonty Industries Inc. | $6.1M | 1.7% | +83% | — |
| 24 |  $TGB | Trekor Metals Ltd | $5.7M | 1.6% | -18% | — |
| 25 |  $KNX | Knight-Swift Transportation Holdings Inc. | $5.7M | 1.6% | +64% | 54.4 |
| 26 |  $ERO | Ero Copper Corp. | $5.3M | 1.5% | -7% | — |
| 27 |  $CNQ | CANADIAN NATURAL RESOURCES Ltd | $5.2M | 1.5% | +4% | — |
| 28 |  $MFC | MANULIFE FINANCIAL CORP | $5.0M | 1.4% | +21% | — |
| 29 |  $CP | CANADIAN PACIFIC KANSAS CITY LTD/CN | $4.9M | 1.4% | +5% | 69.7 |
| 30 |  $SU | SUNCOR ENERGY INC | $4.7M | 1.4% | +5% | — |
| 31 |  $AEM | AGNICO EAGLE MINES LTD | $4.6M | 1.3% | -3% | — |
| 32 |  $PBA | PEMBINA PIPELINE CORP | $4.5M | 1.3% | -2% | — |
| 33 |  $OGC | OceanaGold Corp | $4.2M | 1.2% | NEW | — |
| 34 |  $LSPD | Lightspeed Commerce Inc. | $4.2M | 1.2% | +59% | — |
| 35 |  $SKE | Skeena Resources Ltd | $3.8M | 1.1% | +1% | — |
| 36 |  $PPTA | PERPETUA RESOURCES CORP. | $3.7M | 1.1% | +10% | — |
| 37 |  $EXK | ENDEAVOUR SILVER CORP | $3.5M | 1.0% | +1% | — |
| 38 |  $B | BARRICK MINING CORP | $3.4M | 1.0% | -3% | 69.6 |
| 39 |  $TRI | THOMSON REUTERS CORP /CAN/ | $3.3M | 1.0% | NEW | 58.7 |
| 40 |  $FSM | FORTUNA MINING CORP. | $3.3M | 0.9% | +51% | — |
| 41 |  $CCJ | CAMECO CORP | $3.3M | 0.9% | +3% | — |
| 42 |  $WPM | Wheaton Precious Metals Corp. | $3.2M | 0.9% | -4% | — |
| 43 |  $EQX | Equinox Gold Corp. | $3.2M | 0.9% | -41% | — |
| 44 |  $TECK | TECK RESOURCES LTD | $2.9M | 0.8% | -24% | — |
| 45 |  $TFII | TFI International Inc. | $2.8M | 0.8% | -46% | — |
| 46 |  $NXE | NexGen Energy Ltd. | $2.7M | 0.8% | -20% | — |
| 47 |  $GFR | Greenfire Resources Ltd. | $2.5M | 0.7% | NEW | — |
| 48 |  $ATS | ATS Corp /ATS | $2.5M | 0.7% | +71% | — |
| 49 |  $ARIS | Aris Mining Corp | $2.3M | 0.7% | -42% | — |
| 50 |  $FNV | FRANCO NEVADA Corp | $2.2M | 0.6% | NEW | — |
| 51 |  $USAS | Americas Gold & Silver Corp | $2.2M | 0.6% | +1% | — |
| 52 |  $CGAU | Centerra Gold Inc. | $2.1M | 0.6% | -48% | — |
| 53 |  $FTS | Fortis Inc. | $2.0M | 0.6% | -30% | 62 |
| 54 |  $KGC | KINROSS GOLD CORP | $1.7M | 0.5% | -18% | — |
| 55 |  $TSAT | Telesat Corp | $1.6M | 0.5% | NEW | — |
| 56 |  $RBA | RB GLOBAL INC. | $1.4M | 0.4% | -14% | 67.3 |
| 57 |  $SSMR | Sunshine Silver Mining & Refining Co | $1.3M | 0.4% | NEW | — |
| 58 |  $NTR | Nutrien Ltd. | $1.3M | 0.4% | -29% | — |
| 59 |  $DCBO | Docebo Inc. | $1.2M | 0.3% | NEW | 49.6 |
| 60 |  $GIL | Gildan Activewear Inc. | $1.1M | 0.3% | +180% | — |
| 61 |  $BGSI | Boyd Group Services Inc. | $387,072 | 0.1% | -96% | — |
| 62 |  $WCN | Waste Connections, Inc. | $291,393 | 0.1% | -15% | 68.2 |
New Positions (9)
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