0001297496-11-000027.txt : 20110509
0001297496-11-000027.hdr.sgml : 20110509
20110509153333
ACCESSION NUMBER: 0001297496-11-000027
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110331
FILED AS OF DATE: 20110509
DATE AS OF CHANGE: 20110509
EFFECTIVENESS DATE: 20110509
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: LETKO, BROSSEAU & ASSOCIATES INC
CENTRAL INDEX KEY: 0001297496
IRS NUMBER: 000000000
STATE OF INCORPORATION: A8
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-10940
FILM NUMBER: 11823070
BUSINESS ADDRESS:
STREET 1: 1800, MCGILL COLLEGE, SUITE 2510
CITY: MONTREAL
STATE: A8
ZIP: H3A 3J6
BUSINESS PHONE: (514) 499-1200
MAIL ADDRESS:
STREET 1: 1800, MCGILL COLLEGE, SUITE 2510
CITY: MONTREAL
STATE: A8
ZIP: H3A 3J6
13F-HR
1
march2011.txt
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended:March 31, 2011
Check here if Amendment ; Amendment Number:
This Amendment (Check only one): is a restatement.
adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Letko, Brosseau & Associates Inc.
Address:1800 Mc Gill College Av.,
Suite 2510
Montreal, QC H3A 3J6
Canada
Form 13F File Number: 28-10940
The institutional investment manager filing this report and the person by
whom it is signed hereby represent that the person signing the report is
authorized to submit it, that all information contained herein is true,
correct and complete, and that it is understood that all required items,
statements, schedules, lists, and tables, are considered integral parts
of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Daniel Brosseau
Title: President
Phone: (514) 499-1200
Signature, Place, and Date of Signing:
DANIEL BROSSEAU Montreal, QC May 9, 2011
[Signature] [City, State] [Date]
Report type (Check only one):
X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting manager(s).)
13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported
by other reporting manager(s).)
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers:0
Form 13F Information Table Entry Total:138
Form 13F information Table Value Total: 10,435,331
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the
column headings and list entries.]
NONE
FORM 13F INFORMATION TABLE
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
ADVANTAGE OIL & GAS LTD COM 00765F101 146 16,300 SH SOLE 16,300
AFLAC INC COM 001055102 211 4,000 SH SOLE 4,000
AGRIUM INC COM 008916108 257,305 2,792,906 SH SOLE 2,792,906
ALCATEL-LUCENT SPONSORED ADR 013904305 6,385 1,098,900 SH SOLE 1,098,900
ALCOA INC COM 013817101 374 21,200 SH SOLE 21,200
AMGEN INC COM 031162100 569 10,650 SH SOLE 10,650
APPLE INC COM 037833100 296 850 SH SOLE 850
ASTRAZENECA PLC SPONSORED ADR 046353108 168,045 3,643,640 SH SOLE 3,643,640
AT&T INC COM 00206R102 288,499 9,424,980 SH SOLE 9,424,980
ATLANTIC PWR CORP COM NEW 04878Q863 272 18,000 SH SOLE 18,000
BANK MONTREAL QUE COM 063671101 324,837 5,012,331 SH SOLE 5,012,331
BANK NOVA SCOTIA HALIFAX COM 064149107 88,421 1,444,403 SH SOLE 1,444,403
BANK OF AMERICA CORPORATION COM 060505104 160,904 12,070,841 SH SOLE 12,070,841
BARRICK GOLD CORP COM 067901108 3,676 70,890 SH SOLE 70,890
BCE INC COM NEW 05534B760 371,234 10,243,202 SH SOLE 10,243,202
BROOKFIELD PPTYS CORP COM 112900105 136,136 7,709,600 SH SOLE 7,709,600
BUNGE LIMITED COM G16962105 268 3,700 SH SOLE 3,700
CAE INC COM 124765108 54,604 4,119,860 SH SOLE 4,119,860
CAMECO CORP COM 13321L108 106,079 3,535,237 SH SOLE 3,535,237
CANADIAN NAT RES LTD COM 136385101 136,611 2,769,273 SH SOLE 2,769,273
CANADIAN PAC RY LTD COM 13645T100 177,677 2,770,645 SH SOLE 2,770,645
CAPITAL ONE FINL CORP COM 14040H105 223 4,300 SH SOLE 4,300
CATERPILLAR INC DEL COM 149123101 323 2,900 SH SOLE 2,900
CDN IMPERIAL BK OF COMMERCE COM 136069101 1,950 22,670 SH SOLE 22,670
CELESTICA INC SUB VTG SHS 15101Q108 129,733 12,122,601 SH SOLE 12,122,601
CENOVUS ENERGY INC COM 15135U109 725 18,391 SH SOLE 18,391
CHEVRON CORP NEW COM 166764100 62,731 583,603 SH SOLE 583,603
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 3,275 70,800 SH SOLE 70,800
CISCO SYS INC COM 17275R102 93,730 5,465,320 SH SOLE 5,465,320
CITIGROUP INC COM 172967101 91,854 20,781,505 SH SOLE 20,781,505
COCA COLA CO COM 191216100 299 4,500 SH SOLE 4,500
COMCAST CORP NEW CL A 20030N101 4,871 197,044 SH SOLE 197,044
COMCAST CORP NEW CL A SPL 20030N200 301,729 12,994,359 SH SOLE 12,994,359
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 62,456 1,063,270 SH SOLE 1,063,270
COMPANHIA PARANAENSE ENERG C SPON ADR PFD 20441B407 85,786 3,086,945 SH SOLE 3,086,945
CONOCOPHILLIPS COM 20825C104 338,156 4,234,358 SH SOLE 4,234,358
CONSTELLATION BRANDS INC CL A 21036P108 213 10,500 SH SOLE 10,500
DELL INC COM 24702R101 488 33,600 SH SOLE 33,600
DEVON ENERGY CORP NEW COM 25179M103 523 5,700 SH SOLE 5,700
DIAGEO P L C SPON ADR NEW 25243Q205 713 9,350 SH SOLE 9,350
DIRECTV COM CL A 25490A101 388 8,300 SH SOLE 8,300
DOW CHEM CO COM 260543103 306 8,100 SH SOLE 8,100
DU PONT E I DE NEMOURS & CO COM 263534109 275 5,000 SH SOLE 5,000
DUKE ENERGY CORP NEW COM 26441C105 466 25,650 SH SOLE 25,650
EATON CORP COM 278058102 255 4,600 SH SOLE 4,600
ENCANA CORP COM 292505104 128,288 3,718,168 SH SOLE 3,718,168
ENSCO PLC SPONSORED ADR 29358Q109 283 4,900 SH SOLE 4,900
ERICSSON L M TEL CO ADR B SEK 10 294821608 159,301 12,387,307 SH SOLE 12,387,307
EXAR CORP COM 300645108 86 14,281 SH SOLE 14,281
EXXON MOBIL CORP COM 30231G102 892 10,600 SH SOLE 10,600
FORD MTR CO DEL COM PAR $0.01 345370860 334 22,400 SH SOLE 22,400
FRANCE TELECOM SPONSORED ADR 35177Q105 234 10,409 SH SOLE 10,409
FRESH DEL MONTE PRODUCE INC ORD G36738105 99,638 3,816,095 SH SOLE 3,816,095
GAP INC DEL COM 364760108 249 11,000 SH SOLE 11,000
GENERAL ELECTRIC CO COM 369604103 251,830 12,560,104 SH SOLE 12,560,104
GERDAU S A SPONSORED ADR 373737105 1,683 134,600 SH SOLE 134,600
GILEAD SCIENCES INC COM 375558103 378 8,900 SH SOLE 8,900
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 807 21,000 SH SOLE 21,000
GOODYEAR TIRE & RUBR CO COM 382550101 51,631 3,446,650 SH SOLE 3,446,650
GROUPE CGI INC CL A SUB VTG 39945C109 96,938 4,633,777 SH SOLE 4,633,777
HESS CORP COM 42809H107 273 3,200 SH SOLE 3,200
HEWLETT PACKARD CO COM 428236103 438 10,700 SH SOLE 10,700
HOME DEPOT INC COM 437076102 234 6,325 SH SOLE 6,325
HSBC HLDGS PLC SPON ADR NEW 404280406 803 15,509 SH SOLE 15,509
HUDBAY MINERALS INC COM 443628102 31,082 1,912,925 SH SOLE 1,912,925
ING GROEP N V SPONSORED ADR 456837103 7,180 564,896 SH SOLE 564,896
INGERSOLL-RAND PLC SHS G47791101 314 6,500 SH SOLE 6,500
INTEL CORP COM 458140100 143,677 7,119,760 SH SOLE 7,119,760
INTERNATIONAL BUSINESS MACHS COM 459200101 669 4,100 SH SOLE 4,100
INTERPUBLIC GROUP COS INC COM 460690100 168 13,400 SH SOLE 13,400
JOHNSON & JOHNSON COM 478160104 159,328 2,689,078 SH SOLE 2,689,078
JPMORGAN CHASE & CO COM 46625H100 715 15,500 SH SOLE 15,500
KB FINANCIAL GROUP INC SPONSORED ADR 48241A105 17,164 329,004 SH SOLE 329,004
KIMBERLY CLARK CORP COM 494368103 177,943 2,726,263 SH SOLE 2,726,263
KOHLS CORP COM 500255104 223 4,200 SH SOLE 4,200
KRAFT FOODS INC CL A 50075N104 82,772 2,639,417 SH SOLE 2,639,417
KROGER CO COM 501044101 206 8,600 SH SOLE 8,600
LG DISPLAY CO LTD SPONS ADR REP 50186V102 685 43,550 SH SOLE 43,550
LIFEPOINT HOSPITALS INC COM 53219L109 178,032 4,428,995 SH SOLE 4,428,995
LOWES COS INC COM 548661107 301 11,400 SH SOLE 11,400
MAGNA INTL INC COM 559222401 95,560 1,997,962 SH SOLE 1,997,962
MANULIFE FINL CORP COM 56501R106 244,356 13,822,210 SH SOLE 13,822,210
MARATHON OIL CORP COM 565849106 164,494 3,085,615 SH SOLE 3,085,615
METLIFE INC COM 59156R108 449 10,049 SH SOLE 10,049
MICROSOFT CORP COM 594918104 462 18,200 SH SOLE 18,200
MOBILE TELESYSTEMS OJSC SPONSORED ADR 607409109 2,110 99,400 SH SOLE 99,400
MORGAN STANLEY COM NEW 617446448 202 7,400 SH SOLE 7,400
NEWFIELD EXPL CO COM 651290108 251 3,300 SH SOLE 3,300
NEWS CORP CL A 65248E104 311 17,700 SH SOLE 17,700
NEXEN INC COM 65334H102 335,741 13,499,083 SH SOLE 13,499,083
NORDION INC COM 65563C105 450 38,239 SH SOLE 38,239
NORTHROP GRUMMAN CORP COM 666807102 414 6,600 SH SOLE 6,600
OPEN TEXT CORP COM 683715106 41,810 674,487 SH SOLE 674,487
PARKER HANNIFIN CORP COM 701094104 322 3,400 SH SOLE 3,400
PEPSICO INC COM 713448108 129,534 2,011,080 SH SOLE 2,011,080
PFIZER INC COM 717081103 241,450 11,888,210 SH SOLE 11,888,210
PHILIP MORRIS INTL INC COM 718172109 269 4,100 SH SOLE 4,100
PHOTRONICS INC COM 719405102 41,144 4,586,798 SH SOLE 4,586,798
PRECISION DRILLING CORP COM 2010 74022D308 445 32,885 SH SOLE 32,885
PROCTER & GAMBLE CO COM 742718109 137,169 2,226,762 SH SOLE 2,226,762
ROGERS COMMUNICATIONS INC CL B 775109200 214,596 5,917,843 SH SOLE 5,917,843
ROSS STORES INC COM 778296103 249 3,500 SH SOLE 3,500
ROYAL BK CDA MONTREAL QUE COM 780087102 185,868 3,010,941 SH SOLE 3,010,941
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 1,170 15,974 SH SOLE 15,974
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 243,896 3,347,464 SH SOLE 3,347,464
SANOFI AVENTIS SPONSORED ADR 80105N105 420 11,915 SH SOLE 11,915
SEMICONDUCTOR MFG INTL CORP SPONSORED ADR 81663N206 51,353 13,513,865 SH SOLE 13,513,865
SHAW COMMUNICATIONS INC CL B CONV 82028K200 7,856 373,510 SH SOLE 373,510
SIEMENS A G SPONSORED ADR 826197501 539 3,923 SH SOLE 3,923
STATE STR CORP COM 857477103 120,552 2,682,500 SH SOLE 2,682,500
STATOIL ASA SPONSORED ADR 85771P102 21,823 789,542 SH SOLE 789,542
SUN LIFE FINL INC COM 866796105 194,424 6,200,887 SH SOLE 6,200,887
SUNCOR ENERGY INC NEW COM 867224107 323,331 7,226,622 SH SOLE 7,226,622
TALISMAN ENERGY INC COM 87425E103 494,102 20,032,046 SH SOLE 20,032,046
TECK RESOURCES LTD CL B 878742204 112,692 2,131,046 SH SOLE 2,131,046
TELEFLEX INC COM 879369106 342 5,904 SH SOLE 5,904
TELEFONICA S A SPONSORED ADR 879382208 803 31,851 SH SOLE 31,851
TELUS CORP NON-VTG SHS 87971M202 408,263 8,423,564 SH SOLE 8,423,564
THAI FD INC COM 882904105 3,303 248,141 SH SOLE 248,141
THOMPSON CREEK METALS CO INC COM 884768102 103,953 8,314,550 SH SOLE 8,314,550
THOMSON REUTERS CORP COM 884903105 147,652 3,771,054 SH SOLE 3,771,054
TIME WARNER CABLE INC COM 88732J207 585 8,200 SH SOLE 8,200
TIME WARNER INC COM NEW 887317303 225 6,300 SH SOLE 6,300
TORONTO DOMINION BK ONT COM NEW 891160509 220,624 2,498,863 SH SOLE 2,498,863
TOTAL S A SPONSORED ADR 89151E109 281 4,615 SH SOLE 4,615
TRANSALTA CORP COM 89346D107 287,166 13,653,057 SH SOLE 13,653,057
TRANSCANADA CORP COM 89353D107 127,663 3,156,021 SH SOLE 3,156,021
UBS AG SHS NEW H89231338 344 19,136 SH SOLE 19,136
UNILEVER N V N Y SHS NEW 904784709 3,163 100,861 SH SOLE 100,861
UNILEVER PLC SPON ADR NEW 904767704 2,216 72,384 SH SOLE 72,384
UNITED PARCEL SERVICE INC CL B 911312106 32,593 438,550 SH SOLE 438,550
VERIZON COMMUNICATIONS INC COM 92343V104 135,463 3,514,862 SH SOLE 3,514,862
VIACOM INC NEW CL B 92553P201 214 4,600 SH SOLE 4,600
VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 328,361 11,421,265 SH SOLE 11,421,265
WAL MART STORES INC COM 931142103 161,003 3,093,234 SH SOLE 3,093,234
WELLS FARGO & CO NEW COM 949746101 587 18,500 SH SOLE 18,500
WUXI PHARMATECH CAYMAN INC SPONS ADR SHS 929352102 1,660 107,401 SH SOLE 107,401
ZIMMER HLDGS INC COM 98956P102 256 4,225 SH SOLE 4,225