0001204459-11-001361.txt : 20110513 0001204459-11-001361.hdr.sgml : 20110513 20110513153747 ACCESSION NUMBER: 0001204459-11-001361 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110331 FILED AS OF DATE: 20110513 DATE AS OF CHANGE: 20110513 EFFECTIVENESS DATE: 20110513 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GUARDIAN CAPITAL LP CENTRAL INDEX KEY: 0001224324 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14316 FILM NUMBER: 11840784 BUSINESS ADDRESS: STREET 1: COMMERCE COURT WEST, SUITE 3100 STREET 2: P.O. BOX 201 CITY: TORONTO STATE: A6 ZIP: M5L 1E8 BUSINESS PHONE: 1-800-253-9181 MAIL ADDRESS: STREET 1: COMMERCE COURT WEST, SUITE 3100 STREET 2: P.O. BOX 201 CITY: TORONTO STATE: A6 ZIP: M5L 1E8 FORMER COMPANY: FORMER CONFORMED NAME: GUARDIAN CAPITAL INC DATE OF NAME CHANGE: 20030324 13F-HR 1 gclp-form13f.txt FORM 13F 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 Guardian Capital LP Address CCW, Suite 3100, 199 Bay Street PO Box 201 Toronto, Ontario Canada M5L 1E8 Form 13F File Number: 028-14316 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing this 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 Matthew D. Turner Title Chief Compliance Officer Phone 416-947-3708 Signature, Place, and Date of Signing: By /s/ Matthew D. Turner Toronto, Ontario CANADA May 13, 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: 184 Form 13F Information Table Value Total: 4,834,165 (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. NONE FORM 13F INFORMATION TABLE

COL 1 COL 2 COL 3 COL 4 COL 5 COL 6 COL 7 COL 8 US $ SHARES VALUE OR SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- --------- --- ---- ------- ---------- --------- -------- -------- AMDOCS LTD ORD G02602103 1845 62140 SH SOLE 0 0 62140 BUNGE LIMITED COM G16962105 1713 23015 SH SOLE 23015 0 0 SEADRILL LIMITED SHS G7945E105 3582 96517 SH SOLE 96517 0 0 WEATHERFORD INTERNATIONAL LT REG SHS H27013103 1200 51620 SH SOLE 0 0 51620 VISTAPRINT N V SHS N93540107 279 5220 SH SOLE 0 0 5220 AEGON N V NY REGISTRY SH 007924103 105 13575 SH SOLE 13575 0 0 AGRIUM INC COM 008916108 100594 1091897 SH SOLE 547247 0 544650 ALTERA CORP COM 021441100 2301 50800 SH SOLE 50800 0 0 ALTRIA GROUP INC COM 02209S103 1314 49051 SH SOLE 49051 0 0 AMERICAN EXPRESS CO COM 025816109 780 16770 SH SOLE 2000 0 14770 ANADARKO PETE CORP COM 032511107 1155 13700 SH SOLE 700 0 13000 APPLE INC COM 037833100 8164 22764 SH SOLE 11604 0 11160 ARROW ELECTRS INC COM 042735100 1177 27300 SH SOLE 27300 0 0 AUTODESK INC COM 052769106 823 18130 SH SOLE 0 0 18130 AUTOMATIC DATA PROCESSING IN COM 053015103 1410 26703 SH SOLE 9493 0 17210 BCE INC COM NEW 05534B760 55744 1538091 SH SOLE 1467180 0 70911 BAIDU INC SPON ADR REP A 056752108 908 6400 SH SOLE 6400 0 0 BAKER HUGHES INC COM 057224107 3601 47660 SH SOLE 27800 0 19860 BANK MONTREAL QUE COM 063671101 120245 1855419 SH SOLE 1527919 0 327500 BANK OF NEW YORK MELLON CORP COM 064058100 1548 50359 SH SOLE 179 0 50180 BANK NOVA SCOTIA HALIFAX COM 064149107 272639 4453694 SH SOLE 2973792 0 1479902 BARRICK GOLD CORP COM 067901108 121860 2350148 SH SOLE 1387948 0 962200 BAYTEX ENERGY CORP COM ADDED 07317Q105 47719 818013 SH SOLE 817563 0 450 BECTON DICKINSON & CO COM 075887109 1111 13558 SH SOLE 78 0 13480 BOSTON PROPERTIES INC COM 101121101 4724 48400 SH SOLE 21300 0 27100 BOSTON SCIENTIFIC CORP COM 101137107 484 65470 SH SOLE 0 0 65470 BRITISH AMERN TOB PLC SPONSORED ADR 110448107 868 10416 SH SOLE 10416 0 0 BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 83507 2575429 SH SOLE 1023779 0 1551650 BROOKFIELD PPTYS CORP COM 112900105 20307 1150000 SH SOLE 1150000 0 0 CB RICHARD ELLIS GROUP INC CL A 12497T101 4836 176000 SH SOLE 78900 0 97100 CPFL ENERGIA S A SPONSORED ADR 126153105 792 8802 SH SOLE 8802 0 0 CSX CORP COM 126408103 3369 41650 SH SOLE 21000 0 20650 CAMECO CORP COM 13321L108 102821 3426662 SH SOLE 2234482 0 1192180 CDN IMPERIAL BK OF COMMERCE COM 136069101 91155 1059620 SH SOLE 472320 0 587300 CANADIAN NATL RY CO COM 136375102 128196 1703090 SH SOLE 1095540 0 607550 CANADIAN NAT RES LTD COM 136385101 208139 4219215 SH SOLE 2835655 0 1383560 CANADIAN PAC RY LTD COM 13645T100 14777 230436 SH SOLE 180736 0 49700 CARNIVAL CORP PAIRED CTF 143658300 840 21270 SH SOLE 0 0 21270 CELESTICA INC SUB VTG SHS 15101Q108 50753 4742523 SH SOLE 4632523 0 110000 CENOVUS ENERGY INC COM 15135U109 145178 3683656 SH SOLE 2158380 0 1525276 CENTERPOINT ENERGY INC COM 15189T107 736 40754 SH SOLE 40754 0 0 CENTURYLINK INC COM 156700106 4451 104107 SH SOLE 104107 0 0 CERNER CORP COM 156782104 1577 13780 SH SOLE 0 0 13780 CHICAGO BRIDGE & IRON CO N V N Y REGISTRY SH 167250109 3489 83400 SH SOLE 83400 0 0 CISCO SYS INC COM 17275R102 1093 61931 SH SOLE 251 0 61680 COCA COLA CO COM 191216100 746 10930 SH SOLE 0 0 10930 COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 5555 66320 SH SOLE 38220 0 28100 COLGATE PALMOLIVE CO COM 194162103 2960 35624 SH SOLE 35624 0 0 CONSOLIDATED EDISON INC COM 209115104 2953 56572 SH SOLE 56572 0 0 CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 266 6220 SH SOLE 0 0 6220 DEERE & CO COM 244199105 2375 23820 SH SOLE 12000 0 11820 DICKS SPORTING GOODS INC COM 253393102 607 14750 SH SOLE 0 0 14750 DISNEY WALT CO COM DISNEY 254687106 952 21480 SH SOLE 1850 0 19630 DISCOVERY COMMUNICATNS NEW COM SER A 25470F104 583 14200 SH SOLE 0 0 14200 DUKE REALTY CORP COM NEW 264411505 1074 74465 SH SOLE 74465 0 0 E M C CORP MASS COM 268648102 930 34020 SH SOLE 4000 0 30020 EATON CORP COM 278058102 934 16374 SH SOLE 16374 0 0 EMERSON ELEC CO COM 291011104 273 4542 SH SOLE 4542 0 0 ENCANA CORP COM 292505104 164431 4765692 SH SOLE 3031016 0 1734676 ENBRIDGE INC COM 29250N105 92559 1513781 SH SOLE 701751 0 812030 ENERPLUS CORP COM ADDED 292766102 1477 46748 SH SOLE 46748 0 0 FEDEX CORP COM 31428X106 698 7250 SH SOLE 0 0 7250 FIRSTSERVICE CORP SUB VTG SH 33761N109 4755 125900 SH SOLE 125900 0 0 FREEPORT-MCMORAN COPPER & GO COM 35671D857 4071 71222 SH SOLE 71222 0 0 FRESENIUS MED CARE AG&CO KGA SPONSORED ADR 358029106 5903 84955 SH SOLE 46735 0 38220 GEN-PROBE INC NEW COM 36866T103 555 8130 SH SOLE 0 0 8130 GENERAL MLS INC COM 370334104 723 19220 SH SOLE 0 0 19220 GENUINE PARTS CO COM 372460105 768 13912 SH SOLE 13912 0 0 GILDAN ACTIVEWEAR INC COM 375916103 90069 2750770 SH SOLE 2232070 0 518700 GOLDCORP INC NEW COM 380956409 223682 4496769 SH SOLE 3063569 0 1433200 GOOGLE INC CL A 38259P508 1384 2292 SH SOLE 2 0 2290 GRUPO TELEVISA SA DE CV SP ADR REP ORD 40049J206 551 21830 SH SOLE 0 0 21830 GPO AEROPORTUARIO DEL PAC SA SPON ADR B 400506101 343 7852 SH SOLE 7852 0 0 HCP INC COM 40414L109 866 22177 SH SOLE 22177 0 0 HDFC BANK LTD ADR REPS 3 SHS 40415F101 1924 11000 SH SOLE 11000 0 0 HARRY WINSTON DIAMOND CORP COM 41587B100 948 59000 SH SOLE 59000 0 0 HEALTH CARE REIT INC COM 42217K106 387 7173 SH SOLE 7173 0 0 HEINZ H J CO COM 423074103 530 10560 SH SOLE 0 0 10560 HESS CORP COM 42809H107 6917 78890 SH SOLE 26750 0 52140 HUDBAY MINERALS INC COM 443628102 5518 339600 SH SOLE 0 0 339600 IESI BFC LTD COM 44951D108 55987 2208129 SH SOLE 1938029 0 270100 ICICI BK LTD ADR 45104G104 1866 36400 SH SOLE 36400 0 0 ILLINOIS TOOL WKS INC COM 452308109 666 12042 SH SOLE 12042 0 0 IMRIS INC COM 45322N105 2675 368200 SH SOLE 368200 0 0 ING GROEP N V SPONSORED ADR 456837103 5306 405680 SH SOLE 240680 0 165000 INTEGRYS ENERGY GROUP INC COM 45822P105 997 19179 SH SOLE 19179 0 0 INTERNATIONAL BUSINESS MACHS COM 459200101 3697 22029 SH SOLE 9299 0 12730 IVANHOE MINES LTD COM 46579N103 41869 1530196 SH SOLE 1281891 0 248305 JPMORGAN CHASE & CO COM 46625H100 3923 82692 SH SOLE 38392 0 44300 JOHNSON & JOHNSON COM 478160104 3113 51058 SH SOLE 51058 0 0 JOHNSON CTLS INC COM 478366107 4300 100530 SH SOLE 3100 0 97430 JOY GLOBAL INC COM 481165108 4584 45080 SH SOLE 22530 0 22550 JUNIPER NETWORKS INC COM 48203R104 615 14200 SH SOLE 0 0 14200 KELLOGG CO COM 487836108 384 6920 SH SOLE 0 0 6920 KIMBERLY CLARK CORP COM 494368103 695 10345 SH SOLE 10345 0 0 KINROSS GOLD CORP COM NO PAR 496902404 49763 3164926 SH SOLE 2530126 0 634800 KOHLS CORP COM 500255104 778 14250 SH SOLE 10 0 14240 KRAFT FOODS INC CL A 50075N104 676 20950 SH SOLE 0 0 20950 KROGER CO COM 501044101 742 30100 SH SOLE 30 0 30070 LIBERTY GLOBAL INC COM SER A 530555101 642 15070 SH SOLE 0 0 15070 LORILLARD INC COM 544147101 510 5217 SH SOLE 5217 0 0 MACERICH CO COM 554382101 1549 30401 SH SOLE 30401 0 0 MACK CALI RLTY CORP COM 554489104 676 19370 SH SOLE 19370 0 0 MAGNA INTL INC COM 559222401 383 8003 SH SOLE 8003 0 0 MANPOWER INC COM 56418H100 408 6300 SH SOLE 0 0 6300 MARATHON OIL CORP COM 565849106 1717 31300 SH SOLE 20 0 31280 MASTERCARD INC CL A 57636Q104 723 2790 SH SOLE 0 0 2790 MAXIM INTEGRATED PRODS INC COM 57772K101 339 12883 SH SOLE 12883 0 0 MCDONALDS CORP COM 580135101 4264 54455 SH SOLE 54455 0 0 METHANEX CORP COM 59151K108 48065 1549755 SH SOLE 1338955 0 210800 METROPCS COMMUNICATIONS INC COM 591708102 2259 135200 SH SOLE 135200 0 0 MINDRAY MEDICAL INTL LTD SPON ADR 602675100 507 19570 SH SOLE 0 0 19570 NYSE EURONEXT COM 629491101 4992 137945 SH SOLE 52400 0 85545 NATIONAL GRID PLC SPON ADR NEW 636274300 4013 81169 SH SOLE 16179 0 64990 NEW GOLD INC CDA COM 644535106 5213 444000 SH SOLE 444000 0 0 NORDSTROM INC COM 655664100 785 17000 SH SOLE 0 0 17000 NORFOLK SOUTHERN CORP COM 655844108 760 10660 SH SOLE 0 0 10660 NORTHERN TR CORP COM 665859104 612 11710 SH SOLE 0 0 11710 NOVO-NORDISK A S ADR 670100205 5908 45850 SH SOLE 27940 0 17910 OWENS ILL INC COM NEW 690768403 740 23810 SH SOLE 0 0 23810 PALL CORP COM 696429307 497 8380 SH SOLE 0 0 8380 PEARSON PLC SPONSORED ADR 705015105 4556 248741 SH SOLE 248741 0 0 PENN WEST PETE LTD NEW COM ADDED 707887105 1819 65657 SH SOLE 65657 0 0 PENNEY J C INC COM 708160106 2132 57700 SH SOLE 57700 0 0 PEPSICO INC COM 713448108 3461 52216 SH SOLE 41656 0 10560 PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 2611 62750 SH SOLE 62750 0 0 PIONEER NAT RES CO COM 723787107 3044 29020 SH SOLE 0 0 29020 POTASH CORP SASK INC COM 73755L107 204153 3469063 SH SOLE 2278193 0 1190870 PRECISION DRILLING CORP COM 2010 74022D308 1866 138000 SH SOLE 138000 0 0 PROGRESS ENERGY INC COM 743263105 800 16853 SH SOLE 16853 0 0 QUALCOMM INC COM 747525103 926 16410 SH SOLE 0 0 16410 REGENCY CTRS CORP COM 758849103 728 16264 SH SOLE 16264 0 0 RESEARCH IN MOTION LTD COM 760975102 126056 2234205 SH SOLE 1522685 0 711520 REYNOLDS AMERICAN INC COM 761713106 1544 42244 SH SOLE 42244 0 0 RIO TINTO PLC SPONSORED ADR 767204100 2694 36815 SH SOLE 36815 0 0 ROGERS COMMUNICATIONS INC CL B 775109200 146685 4045081 SH SOLE 2387976 0 1657105 ROYAL BK CDA MONTREAL QUE COM 780087102 245633 3979105 SH SOLE 2541605 0 1437500 ROYAL DUTCH SHELL PLC SPON ADR B 780259107 825 10942 SH SOLE 10942 0 0 RYANAIR HLDGS PLC SPONSORED ADR 783513104 1291 45120 SH SOLE 0 0 45120 SK TELECOM LTD SPONSORED ADR 78440P108 716 37010 SH SOLE 0 0 37010 SAFEWAY INC COM NEW 786514208 752 31030 SH SOLE 0 0 31030 SANOFI AVENTIS SPONSORED ADR 80105N105 2958 81610 SH SOLE 81610 0 0 SCHWAB CHARLES CORP NEW COM 808513105 889 47940 SH SOLE 0 0 47940 SHAW COMMUNICATIONS INC CL B CONV 82028K200 149689 7116804 SH SOLE 4382604 0 2734200 SHERWIN WILLIAMS CO COM 824348106 754 8720 SH SOLE 0 0 8720 SIERRA WIRELESS INC COM 826516106 20916 1917608 SH SOLE 1799108 0 118500 SOUTHWEST AIRLS CO COM 844741108 747 57440 SH SOLE 0 0 57440 STANTEC INC COM 85472N109 9206 308300 SH SOLE 123600 0 184700 STATE STR CORP COM 857477103 708 15315 SH SOLE 35 0 15280 STATOIL ASA SPONSORED ADR 85771P102 6667 234400 SH SOLE 159400 0 75000 SUN LIFE FINL INC COM 866796105 93908 2995075 SH SOLE 1450475 0 1544600 SUNCOR ENERGY INC NEW COM 867224107 172414 3853529 SH SOLE 2154533 0 1698996 SUNTRUST BKS INC COM 867914103 5784 194900 SH SOLE 119000 0 75900 TALISMAN ENERGY INC COM 87425E103 32830 1330998 SH SOLE 1080298 0 250700 TATA MTRS LTD SPONSORED ADR 876568502 1847 64600 SH SOLE 64600 0 0 TECK RESOURCES LTD CL B 878742204 153440 2901596 SH SOLE 2901596 0 0 TELECOM CORP NEW ZEALAND LTD SPONSORED ADR 879278208 299 37747 SH SOLE 37747 0 0 TELEFONICA S A SPONSORED ADR 879382208 673 25928 SH SOLE 25928 0 0 TELUS CORP NON-VTG SHS 87971M202 131828 2719958 SH SOLE 1653558 0 1066400 THOMPSON CREEK METALS CO INC COM 884768102 169 13500 SH SOLE 13500 0 0 THOMSON REUTERS CORP COM 884903105 198890 5079667 SH SOLE 3482817 0 1596850 TIM HORTONS INC COM 88706M103 74810 1653404 SH SOLE 1353304 0 300100 TIME WARNER INC COM NEW 887317303 1234 33589 SH SOLE 49 0 33540 TORONTO DOMINION BK ONT COM NEW 891160509 319944 3623792 SH SOLE 2614443 0 1009349 TOTAL S A SPONSORED ADR 89151E109 883 14075 SH SOLE 14075 0 0 TRANSALTA CORP COM 89346D107 3674 174700 SH SOLE 174700 0 0 TRANSCANADA CORP COM 89353D107 139811 3456331 SH SOLE 2331131 0 1125200 UNILEVER PLC SPON ADR NEW 904767704 1253 39755 SH SOLE 65 0 39690 UNITED PARCEL SERVICE INC CL B 911312106 1349 17640 SH SOLE 0 0 17640 UNITED THERAPEUTICS CORP DEL COM 91307C102 238 3450 SH SOLE 0 0 3450 UNITEDHEALTH GROUP INC COM 91324P102 3971 85380 SH SOLE 48570 0 36810 VALE S A ADR 91912E105 4353 126855 SH SOLE 48645 0 78210 VALERO ENERGY CORP NEW COM 91913Y100 2524 82250 SH SOLE 82250 0 0 VIRGIN MEDIA INC COM 92769L101 269 9400 SH SOLE 0 0 9400 VISA INC COM CL A 92826C839 724 9560 SH SOLE 0 0 9560 VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 3793 128209 SH SOLE 128209 0 0 WPP PLC ADR 92933H101 5098 80210 SH SOLE 47240 0 32970 WASHINGTON POST CO CL B 939640108 1040 2309 SH SOLE 9 0 2300 WASTE MGMT INC DEL COM 94106L109 1368 35615 SH SOLE 15145 0 20470 WESTERN UN CO COM 959802109 1198 56070 SH SOLE 0 0 56070 WESTPAC BKG CORP SPONSORED ADR 961214301 1874 14558 SH SOLE 14558 0 0 WHOLE FOODS MKT INC COM 966837106 4753 70090 SH SOLE 70090 0 0 WINDSTREAM CORP COM 97381W104 1595 120322 SH SOLE 120322 0 0 YAMANA GOLD INC COM 98462Y100 127 10300 SH SOLE 10300 0 0