Funds › PCJ Investment Counsel Ltd.
PCJ Investment Counsel Ltd.
13F for Q3 2026, filed Nov 10, 2026. 63 positions worth $373.7M.Managers with more than $100 million in US-listed stocks list their holdings each quarter, within 45 days of quarter end. Long positions only: no short sales or cash.
Latest report
Q3 2026
filed Nov 10, 2026
Reported value
$373.7M
+$25.8M (7.4%) vs Q2 2026
Positions
63
62 in Q2 2026
Top 10 share
38.2%
of reported value
CheckedEach line's price per share is checked against other managers' reports of the same stock. Unit mix-ups are corrected. Reports no fix can rescue are left out.
Clean
prices match other managers' reports
Ask your AI about this
Connect Claude, ChatGPT, Gemini or Grok (Microsoft 365 Copilot coming soon) to 13F.ai and ask in plain English. Copy a question to get started:
Using 13F.ai, what are the biggest new, added, trimmed and exited positions of PCJ Investment Counsel Ltd. in the latest 13F quarter?
Using 13F.ai, how has PCJ Investment Counsel Ltd.'s portfolio concentration changed over the last four quarters?
Using 13F.ai, which of PCJ Investment Counsel Ltd.'s top holdings have also been bought by insiders recently?
Connect your AI · Plans and the 7-day free trial (card required)
Holdings, Q3 2026
Largest first. Common shares only; puts and calls are under All positions.
| # | The fund's own figures at the end of the quarter. A report can be up to 45 days old when it is filed. Options and bonds are not counted here. | Filing | ||||
|---|---|---|---|---|---|---|
| 1 | BTE Baytex Energy Corp | 3.70M | $16.7M | 4.5% | +10.9% | 13F ↗ |
| 2 | EFXT Enerflex Ltd | 717,007 | $16.3M | 4.4% | +18.7% | 13F ↗ |
| 3 | RY Royal Bank of Canada | 82,770 | $16.3M | 4.4% | +2.1% | 13F ↗ |
| 4 | GFL GFL Environmental Inc. · Sub Vtg Shs | 362,610 | $15.2M | 4.1% | New | 13F ↗ |
| 5 | BBUC Brookfield Business Corporation | 577,787 | $14.7M | 3.9% | -26.0% | 13F ↗ |
| 6 | TD Toronto Dominion Bank | 121,260 | $14.3M | 3.8% | +9.1% | 13F ↗ |
| 7 | IAG Iamgold Corporation | 718,600 | $13.2M | 3.5% | +83.9% | 13F ↗ |
| 8 | TAC TransAlta Corporation | 1.06M | $12.8M | 3.4% | +62.5% | 13F ↗ |
| 9 | SHOP Shopify Inc. | 78,670 | $11.7M | 3.1% | +1.9% | 13F ↗ |
| 10 | BIP Brookfield Infrastructure Partners LP · Units | 321,580 | $11.4M | 3.1% | +8.6% | 13F ↗ |
| 11 | CVE Cenovus Energy Inc | 322,350 | $10.0M | 2.7% | -12.6% | 13F ↗ |
| 12 | RCI Rogers Communication, Inc. | 318,690 | $9.8M | 2.6% | New | 13F ↗ |
| 13 | HBM Hudbay Minerals Inc. | 332,360 | $8.9M | 2.4% | -30.1% | 13F ↗ |
| 14 | BNS Bank Nova Scotia B C | 96,800 | $8.8M | 2.4% | -2.6% | 13F ↗ |
| 15 | ENB Enbridge Inc | 182,120 | $8.5M | 2.3% | +42.6% | 13F ↗ |
| 16 | FSM Fortuna Mining Corp. | 638,100 | $7.2M | 1.9% | +63.1% | 13F ↗ |
| 17 | BMO Bank of Montreal | 42,380 | $7.1M | 1.9% | -9.4% | 13F ↗ |
| 18 | CAE CAE Inc | 277,655 | $6.7M | 1.8% | -18.1% | 13F ↗ |
| 19 | CP Canadian Pacific Kansas City Limited | 77,130 | $6.6M | 1.8% | +36.5% | 13F ↗ |
| 20 | MFC Manulife Financial Corporation | 153,051 | $6.5M | 1.7% | +25.2% | 13F ↗ |
| 21 | ERO Ero Copper Corp. | 177,379 | $6.5M | 1.7% | -10.1% | 13F ↗ |
| 22 | BN Brookfield Corporation | 176,140 | $6.4M | 1.7% | +0.8% | 13F ↗ |
| 23 | SU Suncor Energy Inc. | 94,415 | $6.4M | 1.7% | +7.6% | 13F ↗ |
| 24 | CNQ Canadian Natural Resources Limited | 132,380 | $6.2M | 1.7% | Unchanged | 13F ↗ |
| 25 | CRH Crh plc | 71,000 | $5.9M | 1.6% | -33.9% | 13F ↗ |
| 26 | MET MetLife, Inc. | 60,000 | $5.6M | 1.5% | New | 13F ↗ |
| 27 | EXK Endeavour Silver Corporation | 657,080 | $5.6M | 1.5% | +57.8% | 13F ↗ |
| 28 | OGC OceanaGold Corporation | 203,100 | $5.6M | 1.5% | +22.2% | 13F ↗ |
| 29 | AEM Agnico Eagle Mines Limited | 30,440 | $5.6M | 1.5% | +3.4% | 13F ↗ |
| 30 | GFR Greenfire Resources Ltd. | 983,758 | $5.5M | 1.5% | +121% | 13F ↗ |
| 31 | CLS Celestica, Inc. | 14,818 | $5.4M | 1.4% | -11.0% | 13F ↗ |
| 32 | TGB Trekor Metals Limited | 597,000 | $5.3M | 1.4% | -28.2% | 13F ↗ |
| 33 | B Barrick Mining Corporation | 127,450 | $5.2M | 1.4% | +38.8% | 13F ↗ |
| 34 | CM Canadian Imperial Bank of Commerce | 46,480 | $5.1M | 1.4% | -15.0% | 13F ↗ |
| 35 | DNN Denison Mines Corp | 1.95M | $5.0M | 1.4% | -20.3% | 13F ↗ |
| 36 | CNI Canadian National Railway Company | 37,930 | $4.5M | 1.2% | -41.6% | 13F ↗ |
| 37 | DSGX The Descartes Systems Group Inc. | 54,900 | $4.4M | 1.2% | New | 13F ↗ |
| 38 | SKE Skeena Resources Limited | 142,580 | $4.2M | 1.1% | Unchanged | 13F ↗ |
| 39 | WPM Wheaton Precious Metals Corp | 30,040 | $4.0M | 1.1% | +4.6% | 13F ↗ |
| 40 | LSPD Lightspeed Commerce Inc. | 397,910 | $3.9M | 1.0% | Unchanged | 13F ↗ |
| 41 | PPTA Perpetua Resources Corp. | 166,390 | $3.6M | 1.0% | -7.8% | 13F ↗ |
| 42 | KNX Knight-Swift Transportation Holdings Inc. | 51,650 | $3.3M | 0.9% | -29.6% | 13F ↗ |
| 43 | CCJ Cameco Corporation | 35,560 | $3.1M | 0.8% | +11.1% | 13F ↗ |
| 44 | CGAU Centerra Gold Inc. | 133,940 | $2.9M | 0.8% | Unchanged | 13F ↗ |
| 45 | CVEO Civeo Corporation | 83,500 | $2.7M | 0.7% | New | 13F ↗ |
| 46 | NTR Nutrien Ltd. | 37,730 | $2.6M | 0.7% | +82.3% | 13F ↗ |
| 47 | KGC Kinross Gold Corporation | 107,730 | $2.6M | 0.7% | +50.3% | 13F ↗ |
| 48 | PBA Pembina Pipeline Corp. | 56,320 | $2.5M | 0.7% | -42.5% | 13F ↗ |
| 49 | TECK Teck Resources Ltd | 35,041 | $2.3M | 0.6% | -28.9% | 13F ↗ |
| 50 | FNV Franco-Nevada Corporation | 8,290 | $2.0M | 0.5% | -22.0% | 13F ↗ |
Showing the top 50 of 63 positions. Premium lists every position, plus puts and calls.
Changes since Q2 2026
8 new, 26 added to, 26 trimmed, 7 exited, 3 unchanged. By estimated dollars.
New positions (8)
| GFL GFL Environmental Inc. · Sub Vtg Shs | 362,610 | New | $15.2M |
| RCI Rogers Communication, Inc. | 318,690 | New | $9.8M |
| MET MetLife, Inc. | 60,000 | New | $5.6M |
| DSGX The Descartes Systems Group Inc. | 54,900 | New | $4.4M |
| CVEO Civeo Corporation | 83,500 | New | $2.7M |
| PAAS Pan American Silver Corp. · Comm | 42,820 | New | $1.9M |
| MGA Magna International, Inc. | 17,840 | New | $1.1M |
| HTLD Heartland Express, Inc. | 72,736 | New | $844.5K |
Added to (26)
| IAG Iamgold Corporation | 718,600 | +83.9% | $6.0M |
| TAC TransAlta Corporation | 1.06M | +62.5% | $4.9M |
| GFR Greenfire Resources Ltd. | 983,758 | +121% | $3.0M |
| FSM Fortuna Mining Corp. | 638,100 | +63.1% | $2.8M |
| EFXT Enerflex Ltd | 717,007 | +18.7% | $2.6M |
| ENB Enbridge Inc | 182,120 | +42.6% | $2.5M |
| EXK Endeavour Silver Corporation | 657,080 | +57.8% | $2.1M |
| CP Canadian Pacific Kansas City Limited | 77,130 | +36.5% | $1.8M |
| BTE Baytex Energy Corp | 3.70M | +10.9% | $1.6M |
| B Barrick Mining Corporation | 127,450 | +38.8% | $1.4M |
Trimmed (26)
| BBUC Brookfield Business Corporation | 577,787 | -26.0% | -$5.2M |
| HBM Hudbay Minerals Inc. | 332,360 | -30.1% | -$3.8M |
| CNI Canadian National Railway Company | 37,930 | -41.6% | -$3.2M |
| TRI Thomson Reuters Corp | 9,850 | -76.0% | -$3.0M |
| CRH Crh plc | 71,000 | -33.9% | -$3.0M |
| TGB Trekor Metals Limited | 597,000 | -28.2% | -$2.1M |
| PBA Pembina Pipeline Corp. | 56,320 | -42.5% | -$1.9M |
| CAE CAE Inc | 277,655 | -18.1% | -$1.5M |
| CVE Cenovus Energy Inc | 322,350 | -12.6% | -$1.4M |
| KNX Knight-Swift Transportation Holdings Inc. | 51,650 | -29.6% | -$1.4M |
Exited (7)
| ETF Ser Solutions Etf | 210,000 | Exited | -$7.0M |
| ALM Almonty Industries Inc. | 366,557 | Exited | -$6.1M |
| EQX Equinox Gold Corp. | 329,720 | Exited | -$3.2M |
| ATS ATS Corporation | 85,640 | Exited | -$2.5M |
| FTS Fortis Inc. | 34,990 | Exited | -$2.0M |
| SSMR Sunshine Silver Mining & Refining Company | 100,000 | Exited | -$1.3M |
| GIL Gildan Activewear, Inc. | 22,131 | Exited | -$1.1M |
The 10 largest of each, by estimated dollars: shares changed times the later report's price. Index tracking, splits and mergers move positions too.
All positions
Search, sort and filter every position, with puts and calls on their own tab. Premium plan.
Every position, puts and calls. Part of Premium.
Compare two quarters
Pick any two quarters: what is new, added to, trimmed or exited. Premium plan.
Any two quarters side by side. Part of Premium.
Reported value by quarter
Value and number of positions at the end of each quarter.
Loading…
Largest positions in earlier quarters
Pick a quarter to see what the fund's biggest positions were then.
Loading…
Ten largest positions
By value, Q3 2026.
Filings
| Filing | ||||||
|---|---|---|---|---|---|---|
| Q3 2026 | Nov 10, 2026 | 13F-HR | 63 | $373.7M | Current | SEC ↗ |
| Q2 2026 | Aug 12, 2026 | 13F-HR | 62 | $347.9M | Current | SEC ↗ |
| Q1 2026 | May 11, 2026 | 13F-HR | 59 | $352.1M | Current | SEC ↗ |
| Q4 2025 | Feb 10, 2026 | 13F-HR | 61 | $404.2M | Current | SEC ↗ |
| Q3 2025 | Nov 13, 2025 | 13F-HR | 64 | $359.5M | Current | SEC ↗ |
| Q2 2025 | Aug 7, 2025 | 13F-HR | 65 | $292.8M | Current | SEC ↗ |
| Q1 2025 | May 12, 2025 | 13F-HR | 64 | $255.7M | Current | SEC ↗ |
Most recent first, up to 80. An amendment can replace a report or add holdings to it. All 13F filings
Information, not investment advice. Values are the fund's own figures at quarter end; a report can be up to 45 days old when filed. Disclaimer