0001297496-12-000017.txt : 20121030 0001297496-12-000017.hdr.sgml : 20121030 20121030161436 ACCESSION NUMBER: 0001297496-12-000017 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120930 FILED AS OF DATE: 20121030 DATE AS OF CHANGE: 20121030 EFFECTIVENESS DATE: 20121030 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: 121168859 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 september2012.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:September 30, 2012 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 October 30, 2012 [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: 99 Form 13F information Table Value Total: 10,215,084 (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 251,354 2,424,092 SH SOLE 2,424,092 ALCATEL-LUCENT SPONSORED ADR 013904305 572 519,700 SH SOLE 519,700 ASTRAZENECA PLC SPONSORED ADR 046353108 151,495 3,165,369 SH SOLE 3,165,369 AT&T INC COM 00206R102 281,030 7,454,386 SH SOLE 7,454,386 BANK MONTREAL QUE COM 063671101 302,473 5,121,210 SH SOLE 5,121,210 BANK NOVA SCOTIA HALIFAX COM 064149107 110,285 2,012,013 SH SOLE 2,012,013 BANK OF AMERICA CORPORATION COM 060505104 107,185 12,138,780 SH SOLE 12,138,780 BARRICK GOLD CORP COM 067901108 3,074 73,610 SH SOLE 73,610 BCE INC COM NEW 05534B760 409,346 9,310,369 SH SOLE 9,310,369 BROOKFIELD OFFICE PPTYS INC COM 112900105 101,694 6,122,186 SH SOLE 6,122,186 CAE INC COM 124765108 59,109 5,521,930 SH SOLE 5,521,930 CAMECO CORP COM 13321L108 67,881 3,486,925 SH SOLE 3,486,925 CANADIAN NAT RES LTD COM 136385101 315,770 10,241,437 SH SOLE 10,241,437 CANADIAN PAC RY LTD COM 13645T100 191,412 2,307,788 SH SOLE 2,307,788 CELESTICA INC SUB VTG SHS 15101Q108 109,739 15,355,594 SH SOLE 15,355,594 CENOVUS ENERGY INC COM 15135U109 380 10,902 SH SOLE 10,902 CHEVRON CORP NEW COM 166764100 50,627 434,347 SH SOLE 434,347 CHINA MOBILE LIMITED SPONSORED ADR 16941M109 6,521 117,800 SH SOLE 117,800 CISCO SYS INC COM 17275R102 192,569 10,084,768 SH SOLE 10,084,768 CITIGROUP INC COM NEW 172967424 138,771 4,241,176 SH SOLE 4,241,176 COMCAST CORP NEW CL A 20030N101 2,996 83,803 SH SOLE 83,803 COMCAST CORP NEW CL A SPL 20030N200 251,516 7,225,392 SH SOLE 7,225,392 COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 41,828 515,058 SH SOLE 515,058 COMPANHIA PARANAENSE ENERG C SPON ADR PFD 20441B407 47,211 2,875,193 SH SOLE 2,875,193 CONOCOPHILLIPS COM 20825C104 212,817 3,721,870 SH SOLE 3,721,870 ENCANA CORP COM 292505104 77,030 3,519,466 SH SOLE 3,519,466 ERICSSON ADR B SEK 10 294821608 94,036 10,310,913 SH SOLE 10,310,913 EXAR CORP COM 300645108 114 14,281 SH SOLE 14,281 EXXON MOBIL CORP COM 30231G102 219 2,400 SH SOLE 2,400 FIRST SOLAR INC COM 336433107 22,216 1,003,227 SH SOLE 1,003,227 FRESH DEL MONTE PRODUCE INC ORD G36738105 91,960 3,592,179 SH SOLE 3,592,179 GENERAL ELECTRIC CO COM 369604103 254,454 11,204,490 SH SOLE 11,204,490 GERDAU S A SPONSORED ADR 373737105 4,751 499,600 SH SOLE 499,600 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 1,073 23,200 SH SOLE 23,200 GOODYEAR TIRE & RUBR CO COM 382550101 85,230 6,991,780 SH SOLE 6,991,780 GROUPE CGI INC CL A SUB VTG 39945C109 110,069 4,101,306 SH SOLE 4,101,306 HESS CORP COM 42809H107 140,991 2,624,550 SH SOLE 2,624,550 HSBC HLDGS PLC SPON ADR NEW 404280406 736 15,852 SH SOLE 15,852 HUDBAY MINERALS INC COM 443628102 78,924 8,020,390 SH SOLE 8,020,390 INDIA FD INC COM 454089103 7,586 326,438 SH SOLE 326,438 ING GROEP N V SPONSORED ADR 456837103 3,768 477,553 SH SOLE 477,553 INTEL CORP COM 458140100 122,776 5,419,394 SH SOLE 5,419,394 ISHARES TR MSCI EMERG MKT 464287234 16,530 400,000 SH SOLE 400,000 JOHNSON & JOHNSON COM 478160104 161,418 2,342,441 SH SOLE 2,342,441 JOHNSON CTLS INC COM 478366107 31,187 1,138,200 SH SOLE 1,138,200 KB FINANCIAL GROUP INC SPONSORED ADR 48241A105 5,641 159,837 SH SOLE 159,837 KIMBERLY CLARK CORP COM 494368103 177,281 2,066,696 SH SOLE 2,066,696 LIFE TECHNOLOGIES CORP COM 53217V109 29,830 610,575 SH SOLE 610,575 LIFEPOINT HOSPITALS INC COM 53219L109 137,763 3,220,255 SH SOLE 3,220,255 MAGNA INTL INC COM 559222401 94,966 2,197,545 SH SOLE 2,197,545 MANULIFE FINL CORP COM 56501R106 228,447 18,963,960 SH SOLE 18,963,960 MARATHON OIL CORP COM 565849106 77,389 2,617,161 SH SOLE 2,617,161 METLIFE INC COM 59156R108 346 10,049 SH SOLE 10,049 MINDRAY MEDICAL INTL LTD SPON ADR 602675100 2,252 67,000 SH SOLE 67,000 MOBILE TELESYSTEMS OJSC SPONSORED ADR 607409109 5,675 323,900 SH SOLE 323,900 MORGAN STANLEY INDIA INVS FD COM 61745C105 3,988 228,300 SH SOLE 228,300 NEXEN INC COM 65334H102 398,090 15,726,964 SH SOLE 15,726,964 OPEN TEXT CORP COM 683715106 38,849 704,961 SH SOLE 704,961 ORACLE CORP COM 68389X105 201 6,400 SH SOLE 6,400 PEPSICO INC COM 713448108 123,195 1,740,774 SH SOLE 1,740,774 PFIZER INC COM 717081103 238,309 9,589,890 SH SOLE 9,589,890 PHILLIPS 66 COM 718546104 64,545 1,391,963 SH SOLE 1,391,963 PHOTRONICS INC COM 719405102 17,693 3,294,863 SH SOLE 3,294,863 POTASH CORP SASK INC COM 73755L107 12,926 297,575 SH SOLE 297,575 PRECISION DRILLING CORP COM 2010 74022D308 2,702 343,885 SH SOLE 343,885 PROCTER & GAMBLE CO COM 742718109 116,721 1,682,825 SH SOLE 1,682,825 ROGERS COMMUNICATIONS INC CL B 775109200 250,231 6,184,742 SH SOLE 6,184,742 ROYAL BK CDA MONTREAL QUE COM 780087102 199,304 3,467,545 SH SOLE 3,467,545 ROYAL DUTCH SHELL PLC SPON ADR B 780259107 1,107 15,520 SH SOLE 15,520 ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 188,576 2,716,837 SH SOLE 2,716,837 SANOFI SPONSORED ADR 80105N105 348 8,075 SH SOLE 8,075 SEMICONDUCTOR MFG INTL CORP SPONSORED ADR 81663N206 17,667 9,815,268 SH SOLE 9,815,268 SHAW COMMUNICATIONS INC CL B CONV 82028K200 6,313 308,636 SH SOLE 308,636 SIEMENS A G SPONSORED ADR 826197501 423 4,219 SH SOLE 4,219 SPDR S&P 500 ETF TR TR UNIT 78462F103 4,449 30,900 SH SOLE 30,900 STATE STR CORP COM 857477103 109,581 2,611,554 SH SOLE 2,611,554 STATOIL ASA SPONSORED ADR 85771P102 16,965 657,824 SH SOLE 657,824 SUN LIFE FINL INC COM 866796105 211,624 9,122,446 SH SOLE 9,122,446 SUNCOR ENERGY INC NEW COM 867224107 369,374 11,235,400 SH SOLE 11,235,400 TALISMAN ENERGY INC COM 87425E103 359,033 26,878,317 SH SOLE 26,878,317 TECK RESOURCES LTD CL B 878742204 99,699 3,380,708 SH SOLE 3,380,708 TELEFLEX INC COM 879369106 406 5,904 SH SOLE 5,904 TELEFONICA S A SPONSORED ADR 879382208 422 31,811 SH SOLE 31,811 TELUS CORP NON-VTG SHS 87971M202 432,233 6,913,625 SH SOLE 6,913,625 THAI FD INC COM 882904105 4,135 235,316 SH SOLE 235,316 THOMPSON CREEK METALS CO INC COM 884768102 29,921 10,511,879 SH SOLE 10,511,879 THOMSON REUTERS CORP COM 884903105 206,258 7,139,199 SH SOLE 7,139,199 TORONTO DOMINION BK ONT COM NEW 891160509 233,797 2,805,047 SH SOLE 2,805,047 TOTAL S A SPONSORED ADR 89151E109 212 4,239 SH SOLE 4,239 TRANSALTA CORP COM 89346D107 222,490 14,542,416 SH SOLE 14,542,416 TRANSCANADA CORP COM 89353D107 28,299 622,218 SH SOLE 622,218 UNITED PARCEL SERVICE INC CL B 911312106 100,548 1,404,893 SH SOLE 1,404,893 VANGUARD INTL EQUITY INDEX F MSCI EMR MKT ETF 922042858 17,648 423,000 SH SOLE 423,000 VANGUARD TAX MANAGED INTL FD MSCI EAFE ETF 921943858 8,220 250,000 SH SOLE 250,000 VERIZON COMMUNICATIONS INC COM 92343V104 129,281 2,836,969 SH SOLE 2,836,969 VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 279,344 9,801,545 SH SOLE 9,801,545 WAL-MART STORES INC COM 931142103 192,316 2,605,904 SH SOLE 2,605,904 WALGREEN CO COM 931422109 233 6,400 SH SOLE 6,400 WUXI PHARMATECH CAYMAN INC SPONS ADR SHS 929352102 5,097 341,401 SH SOLE 341,401