Latest LETKO, BROSSEAU & ASSOCIATES INC Stock Portfolio

LETKO, BROSSEAU & ASSOCIATES INC Performance:

2024 Q3: 1.83%YTD: 5.6%2023: 4.54%

Performance for 2024 Q3 is 1.83%, and YTD is 5.6%, and 2023 is 4.54%.

About LETKO, BROSSEAU & ASSOCIATES INC and 13F Hedge Fund Stock Holdings

LETKO, BROSSEAU & ASSOCIATES INC is a hedge fund based in Canada. On 21-Dec-2022, the fund reported that it had an AUM (Regulated Assets under Management) of $13.9 Billions. In it's latest 13F Holdings report, LETKO, BROSSEAU & ASSOCIATES INC reported an equity portfolio of $5.5 Billions as of 30 Sep, 2024.

The top stock holdings of LETKO, BROSSEAU & ASSOCIATES INC are , , . The fund has invested 4.3% of it's portfolio in MANULIFE FINL CORP and 4.2% of portfolio in BANK NOVA SCOTIA HALIFAX.

The fund managers got completely rid off FIDELITY NATL INFORMATION SV (FIS), SPIRIT AEROSYSTEMS HLDGS INC (SPR) and DEVON ENERGY CORP NEW (DVN) stocks. They significantly reduced their stock positions in FORTIS INC, HESS CORP (HES) and UNITED PARCEL SERVICE INC (UPS). LETKO, BROSSEAU & ASSOCIATES INC opened new stock positions in ILLUMINA INC (ILMN), LULULEMON ATHLETICA INC (LULU) and SMURFIT WESTROCK PLC. The fund showed a lot of confidence in some stocks as they added substantially to INTEL CORP (INTC), HDFC BANK LTD (HDB) and MODERNA INC (MRNA).

LETKO, BROSSEAU & ASSOCIATES INC Annual Return Estimates Vs S&P 500

Our best estimate is that LETKO, BROSSEAU & ASSOCIATES INC made a return of 1.83% in the last quarter. In trailing 12 months, it's portfolio return was 10.02%.

New Buys

Ticker	$ Bought
illumina inc	89,683,600
lululemon athletica inc	17,176,500
smurfit westrock plc	4,142,630
albemarle corp	234,407
pliant therapeutics inc	116,584
89bio inc	79,180

New stocks bought by LETKO, BROSSEAU & ASSOCIATES INC

Additions

Ticker	% Inc.
intel corp	129
hdfc bank ltd	75.79
moderna inc	62.06
fedex corp	29.84
duke energy corp new	29.38
arcadium lithium plc	25.21
biogen inc	17.96
companhia paranaense de ener	17.22

Additions to existing portfolio by LETKO, BROSSEAU & ASSOCIATES INC

Reductions

Ticker	% Reduced
fortis inc	-96.15
canadian nat res ltd	-86.58
hess corp	-41.96
celestica inc	-28.69
united parcel service inc	-27.4
shell plc	-23.88
suncor energy inc new	-23.58
spdr ser tr	-15.73

LETKO, BROSSEAU & ASSOCIATES INC reduced stake in above stock

Sold off

Ticker	$ Sold
spirit aerosystems hldgs inc	-34,784,800
fidelity natl information sv	-42,044,500
devon energy corp new	-19,319,800
ovintiv inc	-13,947,100
glycomimetics inc	-12,742
lyra therapeutics inc	-8,827
tenet healthcare corp	-705,059
alphabet inc	-360,657

LETKO, BROSSEAU & ASSOCIATES INC got rid off the above stocks

Sector Distribution

LETKO, BROSSEAU & ASSOCIATES INC has about 58.3% of it's holdings in Others sector.

Sector	%
Others	58.3
Communication Services	8.7
Healthcare	8.6
Technology	7
Financial Services	6.9
Consumer Cyclical	3.8
Basic Materials	1.7
Industrials	1.3
Energy	1.2
Consumer Defensive	1.2
Real Estate	1.1

Market Cap. Distribution

LETKO, BROSSEAU & ASSOCIATES INC has about 33.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	58.3
LARGE-CAP	23
MEGA-CAP	10.5
MID-CAP	8.2

Stocks belong to which Index?

About 36.1% of the stocks held by LETKO, BROSSEAU & ASSOCIATES INC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	63.9
S&P 500	34.7
RUSSELL 2000	1.4

Top 5 Winners (%)		%
SBTX	ars pharmaceuticals inc	70.4 %
DNLI	denali therapeutics inc	25.4 %
GILD	gilead sciences inc	22.1 %
ORCL	oracle corp	20.5 %
STT	state str corp	19.5 %

Top 5 Winners ($)		$
META	meta platforms inc	21.1 M
GILD	gilead sciences inc	14.8 M
OTEX	open text corp	13.6 M
STT	state str corp	13.2 M
T	at&t inc	13.1 M

Top 5 Losers (%)		%
OM	outset med inc	-82.4 %
MRNA	moderna inc	-36.8 %
PROK	prokidney corp	-21.9 %
CXM	sprinklr inc	-19.3 %
BIIB	biogen inc	-14.9 %

Top 5 Losers ($)		$
MRNA	moderna inc	-19.9 M
GOOG	alphabet inc	-12.4 M
SWKS	skyworks solutions inc	-5.4 M
FDX	fedex corp	-4.7 M
BIIB	biogen inc	-4.5 M

LETKO, BROSSEAU & ASSOCIATES INC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of LETKO, BROSSEAU & ASSOCIATES INC

LETKO, BROSSEAU & ASSOCIATES INC has 101 stocks in it's portfolio. About 34.2% of the portfolio is in top 10 stocks. MRNA proved to be the most loss making stock for the portfolio. META was the most profitable stock for LETKO, BROSSEAU & ASSOCIATES INC last quarter.

Last Reported on: 07 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ABBV	abbvie inc	1.14	316,834	62,568,400	reduced	-0.63

ACWV	ishares inc	0.02	7,400	1,161,130	unchanged	0.00

ALB	albemarle corp	0.00	2,475	234,407	new

AURA	aura biosciences inc	0.00	21,200	188,892	unchanged	0.00

BAC	bank america corp	0.99	1,374,320	54,532,900	added	0.61

BAP	credicorp ltd	0.38	114,850	20,784,400	added	1.68

BERY	berry global group inc	1.18	959,702	65,240,500	added	0.6

BIIB	biogen inc	0.47	132,912	25,763,700	added	17.96

BIL	spdr ser tr	0.09	47,950	4,737,460	reduced	-15.73

BNDW	vanguard scottsdale fds	0.01	7,000	625,520	unchanged	0.00

C	citigroup inc	1.54	1,357,910	85,005,100	reduced	-8.5

CAE	cae inc	1.40	4,112,450	77,290,200	added	5.07

CMCSA	comcast corp new	1.47	1,933,480	80,761,500	added	1.01

COP	conocophillips	0.82	430,744	45,348,700	reduced	-0.07

CPA	copa holdings sa	0.31	182,575	17,132,800	added	4.34

CRUS	cirrus logic inc	0.97	432,299	53,695,900	reduced	-12.44

CVS	cvs health corp	1.24	1,087,480	68,380,700	added	4.84

CX	cemex sab de cv	0.41	3,721,620	22,701,900	added	4.16

CXM	sprinklr inc	0.32	2,274,780	17,584,000	added	6.78

DKS	dicks sporting goods inc	0.21	54,580	11,390,800	reduced	-3.85