0001297496-11-000029.txt : 20110803 0001297496-11-000029.hdr.sgml : 20110803 20110803140832 ACCESSION NUMBER: 0001297496-11-000029 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110630 FILED AS OF DATE: 20110803 DATE AS OF CHANGE: 20110803 EFFECTIVENESS DATE: 20110803 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: 111006555 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 june2011.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:June 30, 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 August 3, 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:129 Form 13F information Table Value Total: 10,300,938 (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 AGRIUM INC COM 008916108 223,230 2,541,754 SH SOLE 2,541,754 ALCATEL-LUCENT SPONSORED ADR 013904305 5,588 968,500 SH SOLE 968,500 ALCOA INC COM 013817101 336 21,200 SH SOLE 21,200 AMGEN INC COM 031162100 621 10,650 SH SOLE 10,650 APPLE INC COM 037833100 285 850 SH SOLE 850 ASTRAZENECA PLC SPONSORED ADR 046353108 180,840 3,611,740 SH SOLE 3,611,740 AT&T INC COM 00206R102 291,304 9,274,230 SH SOLE 9,274,230 ATLANTIC PWR CORP COM NEW 04878Q863 227 15,000 SH SOLE 15,000 BANK MONTREAL QUE COM 063671101 318,206 5,001,570 SH SOLE 5,001,570 BANK NOVA SCOTIA HALIFAX COM 064149107 88,642 1,471,217 SH SOLE 1,471,217 BANK OF AMERICA CORPORATION COM 060505104 143,691 13,110,516 SH SOLE 13,110,516 BARRICK GOLD CORP COM 067901108 3,219 70,890 SH SOLE 70,890 BCE INC COM NEW 05534B760 396,122 10,099,948 SH SOLE 10,099,948 BROOKFIELD PPTYS CORP COM 112900105 128,733 6,663,275 SH SOLE 6,663,275 BUNGE LIMITED COM G16962105 255 3,700 SH SOLE 3,700 CAE INC COM 124765108 54,326 4,026,637 SH SOLE 4,026,637 CAMECO CORP COM 13321L108 94,453 3,580,218 SH SOLE 3,580,218 CANADIAN NAT RES LTD COM 136385101 122,468 2,920,989 SH SOLE 2,920,989 CANADIAN PAC RY LTD COM 13645T100 191,813 3,074,040 SH SOLE 3,074,040 CAPITAL ONE FINL CORP COM 14040H105 222 4,300 SH SOLE 4,300 CATERPILLAR INC DEL COM 149123101 309 2,900 SH SOLE 2,900 CDN IMPERIAL BK OF COMMERCE COM 136069101 1,790 22,670 SH SOLE 22,670 CELESTICA INC SUB VTG SHS 15101Q108 108,365 12,366,401 SH SOLE 12,366,401 CHEVRON CORP NEW COM 166764100 56,425 548,663 SH SOLE 548,663 CHINA MOBILE LIMITED SPONSORED ADR 16941M109 3,312 70,800 SH SOLE 70,800 CISCO SYS INC COM 17275R102 187,727 12,026,090 SH SOLE 12,026,090 COCA COLA CO COM 191216100 303 4,500 SH SOLE 4,500 COMCAST CORP NEW CL A 20030N101 4,880 192,589 SH SOLE 192,589 COMCAST CORP NEW CL A SPL 20030N200 278,960 11,513,003 SH SOLE 11,513,003 COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 62,174 1,041,970 SH SOLE 1,041,970 COMPANHIA PARANAENSE ENERG C SPON ADR PFD 20441B407 80,484 2,963,345 SH SOLE 2,963,345 CONOCOPHILLIPS COM 20825C104 308,656 4,105,008 SH SOLE 4,105,008 CONSTELLATION BRANDS INC CL A 21036P108 219 10,500 SH SOLE 10,500 DELL INC COM 24702R101 560 33,600 SH SOLE 33,600 DEVON ENERGY CORP NEW COM 25179M103 449 5,700 SH SOLE 5,700 DIAGEO P L C SPON ADR NEW 25243Q205 712 8,700 SH SOLE 8,700 DIRECTV COM CL A 25490A101 422 8,300 SH SOLE 8,300 DOW CHEM CO COM 260543103 292 8,100 SH SOLE 8,100 DU PONT E I DE NEMOURS & CO COM 263534109 270 5,000 SH SOLE 5,000 DUKE ENERGY CORP NEW COM 26441C105 483 25,650 SH SOLE 25,650 EATON CORP COM 278058102 237 4,600 SH SOLE 4,600 ENCANA CORP COM 292505104 114,049 3,693,009 SH SOLE 3,693,009 ENSCO PLC SPONSORED ADR 29358Q109 261 4,900 SH SOLE 4,900 ERICSSON L M TEL CO ADR B SEK 10 294821608 174,119 12,108,382 SH SOLE 12,108,382 EXAR CORP COM 300645108 90 14,281 SH SOLE 14,281 EXXON MOBIL CORP COM 30231G102 538 6,615 SH SOLE 6,615 FIRST SOLAR INC COM 336433107 102,932 778,195 SH SOLE 778,195 FORD MTR CO DEL COM PAR $0.01 345370860 309 22,400 SH SOLE 22,400 FRANCE TELECOM SPONSORED ADR 35177Q105 201 9,435 SH SOLE 9,435 FRESH DEL MONTE PRODUCE INC ORD G36738105 102,811 3,854,920 SH SOLE 3,854,920 GAP INC DEL COM 364760108 199 11,000 SH SOLE 11,000 GENERAL ELECTRIC CO COM 369604103 237,103 12,571,729 SH SOLE 12,571,729 GERDAU S A SPONSORED ADR 373737105 1,658 157,600 SH SOLE 157,600 GILEAD SCIENCES INC COM 375558103 409 9,875 SH SOLE 9,875 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 901 21,000 SH SOLE 21,000 GOODYEAR TIRE & RUBR CO COM 382550101 57,012 3,399,625 SH SOLE 3,399,625 GROUPE CGI INC CL A SUB VTG 39945C109 111,596 4,519,627 SH SOLE 4,519,627 HESS CORP COM 42809H107 239 3,200 SH SOLE 3,200 HOME DEPOT INC COM 437076102 229 6,325 SH SOLE 6,325 HSBC HLDGS PLC SPON ADR NEW 404280406 770 15,509 SH SOLE 15,509 HUDBAY MINERALS INC COM 443628102 33,380 2,235,325 SH SOLE 2,235,325 ING GROEP N V SPONSORED ADR 456837103 6,784 548,430 SH SOLE 548,430 INGERSOLL-RAND PLC SHS G47791101 295 6,500 SH SOLE 6,500 INTEL CORP COM 458140100 156,756 7,073,810 SH SOLE 7,073,810 INTERNATIONAL BUSINESS MACHS COM 459200101 679 3,960 SH SOLE 3,960 INTERPUBLIC GROUP COS INC COM 460690100 168 13,400 SH SOLE 13,400 ISHARES TR MSCI EAFE INDEX 464287465 274 4,550 SH SOLE 4,550 JOHNSON & JOHNSON COM 478160104 178,545 2,684,073 SH SOLE 2,684,073 JPMORGAN CHASE & CO COM 46625H100 680 16,605 SH SOLE 16,605 KB FINANCIAL GROUP INC SPONSORED ADR 48241A105 15,382 321,804 SH SOLE 321,804 KIMBERLY CLARK CORP COM 494368103 181,145 2,721,528 SH SOLE 2,721,528 KOHLS CORP COM 500255104 210 4,200 SH SOLE 4,200 KRAFT FOODS INC CL A 50075N104 93,363 2,650,092 SH SOLE 2,650,092 KROGER CO COM 501044101 213 8,600 SH SOLE 8,600 LIFEPOINT HOSPITALS INC COM 53219L109 159,334 4,077,115 SH SOLE 4,077,115 LOWES COS INC COM 548661107 266 11,400 SH SOLE 11,400 MAGNA INTL INC COM 559222401 106,445 1,968,256 SH SOLE 1,968,256 MANULIFE FINL CORP COM 56501R106 279,230 15,764,744 SH SOLE 15,764,744 MARATHON OIL CORP COM 565849106 146,881 2,788,165 SH SOLE 2,788,165 METLIFE INC COM 59156R108 495 11,284 SH SOLE 11,284 MOBILE TELESYSTEMS OJSC SPONSORED ADR 607409109 1,891 99,400 SH SOLE 99,400 NEWFIELD EXPL CO COM 651290108 224 3,300 SH SOLE 3,300 NEWS CORP CL A 65248E104 313 17,700 SH SOLE 17,700 NEXEN INC COM 65334H102 308,509 13,684,243 SH SOLE 13,684,243 OPEN TEXT CORP COM 683715106 43,078 671,837 SH SOLE 671,837 PARKER HANNIFIN CORP COM 701094104 305 3,400 SH SOLE 3,400 PEPSICO INC COM 713448108 142,245 2,019,660 SH SOLE 2,019,660 PFIZER INC COM 717081103 238,247 11,565,408 SH SOLE 11,565,408 PHILIP MORRIS INTL INC COM 718172109 342 5,120 SH SOLE 5,120 PHOTRONICS INC COM 719405102 37,987 4,484,898 SH SOLE 4,484,898 PRECISION DRILLING CORP COM 2010 74022D308 472 32,885 SH SOLE 32,885 PROCTER & GAMBLE CO COM 742718109 142,360 2,239,420 SH SOLE 2,239,420 ROGERS COMMUNICATIONS INC CL B 775109200 235,990 5,958,772 SH SOLE 5,958,772 ROSS STORES INC COM 778296103 280 3,500 SH SOLE 3,500 ROYAL BK CDA MONTREAL QUE COM 780087102 169,765 2,969,420 SH SOLE 2,969,420 ROYAL DUTCH SHELL PLC SPON ADR B 780259107 1,146 15,974 SH SOLE 15,974 ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 229,550 3,227,189 SH SOLE 3,227,189 SANOFI AVENTIS SPONSORED ADR 80105N105 479 11,915 SH SOLE 11,915 SEMICONDUCTOR MFG INTL CORP SPONSORED ADR 81663N206 52,082 13,286,190 SH SOLE 13,286,190 SHAW COMMUNICATIONS INC CL B CONV 82028K200 8,656 379,561 SH SOLE 379,561 SIEMENS A G SPONSORED ADR 826197501 540 3,923 SH SOLE 3,923 STATE STR CORP COM 857477103 120,450 2,671,325 SH SOLE 2,671,325 STATOIL ASA SPONSORED ADR 85771P102 19,172 753,307 SH SOLE 753,307 SUN LIFE FINL INC COM 866796105 190,192 6,313,312 SH SOLE 6,313,312 SUNCOR ENERGY INC NEW COM 867224107 284,044 7,246,131 SH SOLE 7,246,131 TALISMAN ENERGY INC COM 87425E103 408,732 19,896,026 SH SOLE 19,896,026 TECK RESOURCES LTD CL B 878742204 107,144 2,107,696 SH SOLE 2,107,696 TELEFLEX INC COM 879369106 360 5,904 SH SOLE 5,904 TELEFONICA S A SPONSORED ADR 879382208 780 31,851 SH SOLE 31,851 TELUS CORP NON-VTG SHS 87971M202 428,018 8,121,564 SH SOLE 8,121,564 THAI FD INC COM 882904105 3,115 244,516 SH SOLE 244,516 THOMPSON CREEK METALS CO INC COM 884768102 85,810 8,592,575 SH SOLE 8,592,575 THOMSON REUTERS CORP COM 884903105 145,011 3,861,748 SH SOLE 3,861,748 TIME WARNER CABLE INC COM 88732J207 695 8,902 SH SOLE 8,902 TIME WARNER INC COM NEW 887317303 229 6,300 SH SOLE 6,300 TORONTO DOMINION BK ONT COM NEW 891160509 213,425 2,516,573 SH SOLE 2,516,573 TOTAL S A SPONSORED ADR 89151E109 267 4,615 SH SOLE 4,615 TRANSALTA CORP COM 89346D107 295,893 13,857,657 SH SOLE 13,857,657 TRANSCANADA CORP COM 89353D107 138,010 3,142,455 SH SOLE 3,142,455 UBS AG SHS NEW H89231338 349 19,136 SH SOLE 19,136 UNILEVER N V N Y SHS NEW 904784709 3,305 100,611 SH SOLE 100,611 UNILEVER PLC SPON ADR NEW 904767704 2,270 70,074 SH SOLE 70,074 UNITED PARCEL SERVICE INC CL B 911312106 30,652 420,300 SH SOLE 420,300 VERIZON COMMUNICATIONS INC COM 92343V104 130,372 3,501,812 SH SOLE 3,501,812 VIACOM INC NEW CL B 92553P201 235 4,600 SH SOLE 4,600 VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 301,539 11,285,145 SH SOLE 11,285,145 WAL MART STORES INC COM 931142103 166,399 3,131,334 SH SOLE 3,131,334 WELLS FARGO & CO NEW COM 949746101 564 20,095 SH SOLE 20,095 WUXI PHARMATECH CAYMAN INC SPONS ADR SHS 929352102 1,886 107,401 SH SOLE 107,401