Skip to main content
Livermore
Livermore
ZHEN

Letko, Brosseau & Associates Inc

SEC CIK
0001297496
Latest filing
Aug 13, 2026

The latest 13F from Letko, Brosseau & Associates Inc covers Q2 2026 (filed Aug 13, 2026): 112 long positions worth $6.77B. The top 10 holdings make up 37.6% of the portfolio, and the largest is Bank of Nova Scotia (BNS) at 4.3%. Livermore has 23 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
14
Est. +$191.4M
Added
26
Est. +$243.6M
Reduced
50
Est. −$485.0M
Sold out
3
Est. −$409.6K

Top 5 holdings

Share of this quarter's portfolio value

  1. BNSBank of Nova Scotia
    4.3%$293.7MHistory
  2. TDToronto Dominion Bank
    4.3%$290.9MHistory
  3. GOOGAlphabet Inc.
    4.2%$287.2MHistory
  4. RYRoyal Bank of Canada
    4.1%$280.7MHistory
  5. BMOBank of Montreal
    3.7%$252.1MHistory

Share of portfolio

Top 5 holdings and the other 107 positions, by share of portfolio value

  1. BNS4.3%
  2. TD4.3%
  3. GOOG4.2%
  4. RY4.1%
  5. BMO3.7%
  6. Other 107 positions79.2%

Biggest buys

New and added positions, by estimated amount bought

  1. GEHCGE HealthCare Technologies Inc.
    +$56.2MNewHistory
  2. GILGildan Activewear Inc.
    +$48.8MNewHistory
  3. EXCExelon Corp
    +$41.5MNewHistory
  4. TUTelus Corp
    +$29.4MAddedHistory
  5. CMCSAComcast Corp
    +$28.9MAddedHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. GEHCGE HealthCare Technologies Inc.
    +0.83 pp0.0% → 0.8%History
  2. GILGildan Activewear Inc.
    +0.72 pp0.0% → 0.7%History
  3. EXCExelon Corp
    +0.61 pp0.0% → 0.6%History
  4. SWKSSkyworks Solutions, Inc.
    +0.45 pp0.8% → 1.2%History
  5. ACMAecom
    +0.40 pp0.0% → 0.4%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. INTCIntel Corp
    −$256.2MReducedHistory
  2. BMOBank of Montreal
    −$27.1MReducedHistory
  3. TDToronto Dominion Bank
    −$14.9MReducedHistory
  4. MGAMagna International Inc
    −$14.5MReducedHistory
  5. EFXTEnerflex Ltd.
    −$14.3MReducedHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. INTCIntel Corp
    −1.04 pp1.4% → 0.4%History
  2. RCIRogers Communications Inc
    −0.94 pp4.0% → 3.1%History
  3. NTRNutrien Ltd.
    −0.87 pp3.3% → 2.5%History
  4. BBarrick Mining Corp
    −0.54 pp2.6% → 2.0%History
  5. CVECenovus Energy Inc.
    −0.48 pp2.4% → 2.0%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$6.77B
+$561.9M (+9.1%) vs. prior quarter
Positions
112
+11 vs. prior quarter
Top 10 concentration
37.6%
Top 10 as share of value
Turnover
6.7%
Q2 2026, one quarter
Average holding period
18.7 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $7.50B (Q2 2021)

Q1 2021: $7.33BQ2 2021: $7.50BQ3 2021: $6.91BQ4 2021: $6.98BQ1 2022: $6.70BQ2 2022: $5.65BQ3 2022: $5.04BQ4 2022: $5.55BQ1 2023: $5.35BQ2 2023: $5.37BQ3 2023: $5.10BQ4 2023: $5.49BQ1 2024: $5.75BQ2 2024: $5.27BQ3 2024: $5.51BQ4 2024: $5.17BQ1 2025: $4.70BQ2 2025: $5.23BQ3 2025: $5.82BQ4 2025: $6.11BQ1 2026: $6.20BQ2 2026: $6.77B
Q1 2021Q2 2026
13F filings of Letko, Brosseau & Associates Inc by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 13, 2026112$6.77BBNSTDGOOGvs. Q1 2026SEC
Q1 2026May 12, 2026101$6.20BRCIBNSGOOGvs. Q4 2025SEC
Q4 2025Feb 11, 2026100$6.11BBNSGOOGTDvs. Q3 2025SEC
Q3 2025Nov 12, 202598$5.82BBNSTDBMOvs. Q2 2025SEC
Q2 2025Aug 8, 202593$5.23BTDBNSRYvs. Q1 2025SEC
Q1 2025May 8, 202589$4.70BMFCTDBNSvs. Q4 2024SEC
Q4 2024Feb 14, 2025100$5.17BMFCBNSRYvs. Q3 2024SEC
Q3 2024Nov 7, 2024101$5.51BMFCBNSRYvs. Q2 2024SEC
Q2 2024Aug 6, 2024104$5.27BMFCRYBNSvs. Q1 2024SEC
Q1 2024May 8, 2024102$5.75BMFCBNSRYvs. Q4 2023SEC
Q4 2023Feb 12, 202496$5.49BMFCBNSRYvs. Q3 2023SEC
Q3 2023Nov 9, 202398$5.10BMFCTDBNSvs. Q2 2023SEC
Q2 2023Aug 10, 202394$5.37BMFCBNSTDvs. Q1 2023SEC
Q1 2023May 11, 202389$5.35BMFCBNSRYvs. Q4 2022SEC
Q4 2022May 4, 2023Amended97$5.55BMFCBNSTDvs. Q3 2022SEC
Q3 2022Nov 10, 2022101$5.04BMFCTDBNSvs. Q2 2022SEC
Q2 2022Aug 9, 2022100$5.65BMFCBNSTDvs. Q1 2022SEC
Q1 2022May 11, 2022101$6.70BBNSMFCTECKvs. Q4 2021SEC
Q4 2021Feb 9, 2022107$6.98BBNSBMOMFCvs. Q3 2021SEC
Q3 2021Nov 3, 2021105$6.91BCVECNQBNSvs. Q2 2021SEC
Q2 2021Jul 29, 2021106$7.50BCNQBNSCVEvs. Q1 2021SEC
Q1 2021May 11, 2021102$7.33BBNSMFCCNQ–SEC

13D and 13G filings

Companies where Letko, Brosseau & Associates Inc reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

Letko, Brosseau & Associates Inc does not currently report owning 5% or more of any company.

Latest filings

21 filings on file made by Letko, Brosseau & Associates Inc or listing it as a reporting person; the latest 20 are shown.

Schedule 13D and 13G filings by Letko, Brosseau & Associates Inc
CompanyFiled (ET)FormStakeChangeEvent dateFiling
EFXTEnerflex Ltd.Apr 9, 202512:54 PM ET13G/A–5.05M shares–Mar 31, 2025SEC
EFXTEnerflex Ltd.Jan 16, 202511:35 AM ET13G/A5.20%−0.10 ppfrom 5.30%Dec 31, 2024SEC
EFXTEnerflex Ltd.Oct 11, 20249:56 AM ET13G/A5.30%0 shares–Sep 30, 2024SEC
PROFProfound Medical Corp.Oct 11, 20249:42 AM ET13G/A4.90%0 shares–Below 5%Sep 30, 2024SEC
CLSCelestica IncFeb 12, 202413G/AOld format–––SEC
HBMHudbay Minerals Inc.Feb 12, 202413G/AOld format–––SEC
PROFProfound Medical Corp.Feb 12, 202413G/AOld format–––SEC
EFXTEnerflex Ltd.Feb 12, 202413G/AOld format–––SEC
CLSCelestica IncSep 8, 202313G/AOld format–––SEC
EFXTEnerflex Ltd.Feb 10, 202313GOld format–New–SEC
PROFProfound Medical Corp.Feb 10, 202313GOld format–New–SEC
CLSCelestica IncFeb 10, 202313G/AOld format–––SEC
HBMHudbay Minerals Inc.Feb 9, 202313G/AOld format–––SEC
CLSCelestica IncFeb 11, 202213G/AOld format–––SEC
Pretium Resources Inc.Feb 7, 202213G/AOld format–––SEC
HBMHudbay Minerals Inc.Feb 7, 202213G/AOld format–––SEC
CLSCelestica IncFeb 4, 202213G/AOld format–––SEC
Pretium Resources Inc.Jan 25, 202113G/AOld format–––SEC
Norbord Inc.Jan 25, 202113G/AOld format–––SEC
HBMHudbay Minerals Inc.Jan 25, 202113G/AOld format–––SEC