0001297496-12-000011.txt : 20120207 0001297496-12-000011.hdr.sgml : 20120207 20120207163258 ACCESSION NUMBER: 0001297496-12-000011 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120207 DATE AS OF CHANGE: 20120207 EFFECTIVENESS DATE: 20120207 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: 12578284 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 december2011.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:December 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 February 7, 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: 106 Form 13F information Table Value Total: 9,388,935 (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 ABBOTT LABS COM 002824100 219 3,900 SH SOLE 3,900 AGRIUM INC COM 008916108 168,428 2,505,001 SH SOLE 2,505,001 ALCATEL-LUCENT SPONSORED ADR 013904305 1,231 788,800 SH SOLE 788,800 ASTRAZENECA PLC SPONSORED ADR 046353108 162,730 3,515,454 SH SOLE 3,515,454 AT&T INC COM 00206R102 270,790 8,954,688 SH SOLE 8,954,688 ATLANTIC PWR CORP COM NEW 04878Q863 171 12,000 SH SOLE 12,000 AUTOMATIC DATA PROCESSING IN COM 053015103 221 4,100 SH SOLE 4,100 BANK MONTREAL QUE COM 063671101 263,486 4,795,378 SH SOLE 4,795,378 BANK NOVA SCOTIA HALIFAX COM 064149107 79,619 1,593,003 SH SOLE 1,593,003 BANK OF AMERICA CORPORATION COM 060505104 72,276 12,999,237 SH SOLE 12,999,237 BARRICK GOLD CORP COM 067901108 3,217 70,890 SH SOLE 70,890 BCE INC COM NEW 05534B760 401,789 9,621,362 SH SOLE 9,621,362 BECTON DICKINSON & CO COM 075887109 241 3,231 SH SOLE 3,231 BROOKFIELD OFFICE PPTYS INC COM 112900105 101,437 6,459,686 SH SOLE 6,459,686 CAE INC COM 124765108 37,873 3,894,512 SH SOLE 3,894,512 CAMECO CORP COM 13321L108 65,103 3,596,425 SH SOLE 3,596,425 CANADIAN NAT RES LTD COM 136385101 188,716 5,030,789 SH SOLE 5,030,789 CANADIAN NATL RY CO COM 136375102 1,102 13,983 SH SOLE 13,983 CANADIAN PAC RY LTD COM 13645T100 209,369 3,085,470 SH SOLE 3,085,470 CDN IMPERIAL BK OF COMMERCE COM 136069101 1,645 22,670 SH SOLE 22,670 CELESTICA INC SUB VTG SHS 15101Q108 96,905 13,157,841 SH SOLE 13,157,841 CENOVUS ENERGY INC COM 15135U109 842 25,325 SH SOLE 25,325 CHEVRON CORP NEW COM 166764100 57,601 541,366 SH SOLE 541,366 CHINA MOBILE LIMITED SPONSORED ADR 16941M109 4,500 92,800 SH SOLE 92,800 CISCO SYS INC COM 17275R102 211,334 11,688,833 SH SOLE 11,688,833 CITIGROUP INC COM NEW 172967424 88,110 3,348,930 SH SOLE 3,348,930 COLGATE PALMOLIVE CO COM 194162103 323 3,500 SH SOLE 3,500 COMCAST CORP NEW CL A 20030N101 4,137 174,475 SH SOLE 174,475 COMCAST CORP NEW CL A SPL 20030N200 255,009 10,823,830 SH SOLE 10,823,830 COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 56,694 1,018,752 SH SOLE 1,018,752 COMPANHIA PARANAENSE ENERG C SPON ADR PFD 20441B407 63,496 3,026,508 SH SOLE 3,026,508 CONOCOPHILLIPS COM 20825C104 297,693 4,085,260 SH SOLE 4,085,260 DIAGEO P L C SPON ADR NEW 25243Q205 761 8,700 SH SOLE 8,700 DUKE ENERGY CORP NEW COM 26441C105 564 25,650 SH SOLE 25,650 ENBRIDGE INC COM 29250N105 545 14,555 SH SOLE 14,555 ENCANA CORP COM 292505104 67,802 3,650,332 SH SOLE 3,650,332 ERICSSON L M TEL CO ADR B SEK 10 294821608 118,632 11,710,993 SH SOLE 11,710,993 EXAR CORP COM 300645108 93 14,281 SH SOLE 14,281 EXXON MOBIL CORP COM 30231G102 313 3,691 SH SOLE 3,691 FIRST SOLAR INC COM 336433107 37,397 1,107,717 SH SOLE 1,107,717 FRESH DEL MONTE PRODUCE INC ORD G36738105 97,728 3,907,554 SH SOLE 3,907,554 GENERAL ELECTRIC CO COM 369604103 226,530 12,648,265 SH SOLE 12,648,265 GERDAU S A SPONSORED ADR 373737105 2,574 329,600 SH SOLE 329,600 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 1,068 23,400 SH SOLE 23,400 GOODYEAR TIRE & RUBR CO COM 382550101 106,167 7,492,390 SH SOLE 7,492,390 GROUPE CGI INC CL A SUB VTG 39945C109 83,559 4,426,002 SH SOLE 4,426,002 HSBC HLDGS PLC SPON ADR NEW 404280406 664 17,421 SH SOLE 17,421 HUDBAY MINERALS INC COM 443628102 66,736 6,693,375 SH SOLE 6,693,375 IMPERIAL OIL LTD COM NEW 453038408 301 6,736 SH SOLE 6,736 ING GROEP N V SPONSORED ADR 456837103 3,610 503,539 SH SOLE 503,539 INTEL CORP COM 458140100 160,550 6,620,619 SH SOLE 6,620,619 INTERNATIONAL BUSINESS MACHS COM 459200101 257 1,400 SH SOLE 1,400 ISHARES TR MSCI EAFE INDEX 464287465 2,506 50,600 SH SOLE 50,600 JOHNSON & JOHNSON COM 478160104 169,965 2,591,716 SH SOLE 2,591,716 KB FINANCIAL GROUP INC SPONSORED ADR 48241A105 6,973 222,492 SH SOLE 222,492 KIMBERLY CLARK CORP COM 494368103 184,532 2,508,593 SH SOLE 2,508,593 KRAFT FOODS INC CL A 50075N104 31,353 839,217 SH SOLE 839,217 LIFEPOINT HOSPITALS INC COM 53219L109 143,539 3,863,765 SH SOLE 3,863,765 MAGNA INTL INC COM 559222401 65,008 1,944,504 SH SOLE 1,944,504 MANULIFE FINL CORP COM 56501R106 176,193 16,515,083 SH SOLE 16,515,083 MARATHON OIL CORP COM 565849106 79,380 2,711,976 SH SOLE 2,711,976 MARATHON PETE CORP COM 56585A102 45,368 1,362,823 SH SOLE 1,362,823 METLIFE INC COM 59156R108 463 14,849 SH SOLE 14,849 MINDRAY MEDICAL INTL LTD SPON ADR 602675100 1,718 67,000 SH SOLE 67,000 MOBILE TELESYSTEMS OJSC SPONSORED ADR 607409109 2,700 183,900 SH SOLE 183,900 NEXEN INC COM 65334H102 270,856 16,993,254 SH SOLE 16,993,254 OPEN TEXT CORP COM 683715106 31,752 618,263 SH SOLE 618,263 PEPSICO INC COM 713448108 134,563 2,028,074 SH SOLE 2,028,074 PFIZER INC COM 717081103 239,307 11,058,540 SH SOLE 11,058,540 PHOTRONICS INC COM 719405102 24,628 4,050,638 SH SOLE 4,050,638 POTASH CORP SASK INC COM 73755L107 979 23,640 SH SOLE 23,640 PRECISION DRILLING CORP COM 2010 74022D308 340 32,885 SH SOLE 32,885 PROCTER & GAMBLE CO COM 742718109 142,731 2,139,570 SH SOLE 2,139,570 ROGERS COMMUNICATIONS INC CL B 775109200 227,776 5,901,867 SH SOLE 5,901,867 ROYAL BK CDA MONTREAL QUE COM 780087102 163,020 3,189,529 SH SOLE 3,189,529 ROYAL DUTCH SHELL PLC SPON ADR B 780259107 1,203 15,824 SH SOLE 15,824 ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 225,603 3,086,647 SH SOLE 3,086,647 SANOFI SPONSORED ADR 80105N105 435 11,915 SH SOLE 11,915 SEMICONDUCTOR MFG INTL CORP SPONSORED ADR 81663N206 28,888 12,292,701 SH SOLE 12,292,701 SHAW COMMUNICATIONS INC CL B CONV 82028K200 7,261 364,661 SH SOLE 364,661 SIEMENS A G SPONSORED ADR 826197501 453 4,739 SH SOLE 4,739 SPDR S&P 500 ETF TR TR UNIT 78462F103 1,409 11,225 SH SOLE 11,225 STATE STR CORP COM 857477103 115,800 2,872,739 SH SOLE 2,872,739 STATOIL ASA SPONSORED ADR 85771P102 17,876 698,001 SH SOLE 698,001 SUN LIFE FINL INC COM 866796105 121,813 6,554,712 SH SOLE 6,554,712 SUNCOR ENERGY INC NEW COM 867224107 295,587 10,231,845 SH SOLE 10,231,845 TALISMAN ENERGY INC COM 87425E103 299,626 23,476,132 SH SOLE 23,476,132 TECK RESOURCES LTD CL B 878742204 83,594 2,367,451 SH SOLE 2,367,451 TELEFLEX INC COM 879369106 362 5,904 SH SOLE 5,904 TELEFONICA S A SPONSORED ADR 879382208 548 31,851 SH SOLE 31,851 TELUS CORP NON-VTG SHS 87971M202 411,815 7,665,010 SH SOLE 7,665,010 THAI FD INC COM 882904105 2,986 243,591 SH SOLE 243,591 THOMPSON CREEK METALS CO INC COM 884768102 71,552 10,220,304 SH SOLE 10,220,304 THOMSON REUTERS CORP COM 884903105 150,203 5,609,844 SH SOLE 5,609,844 TORONTO DOMINION BK ONT COM NEW 891160509 191,400 2,551,495 SH SOLE 2,551,495 TOTAL S A SPONSORED ADR 89151E109 217 4,239 SH SOLE 4,239 TRANSALTA CORP COM 89346D107 281,788 13,633,596 SH SOLE 13,633,596 TRANSCANADA CORP COM 89353D107 132,084 3,016,612 SH SOLE 3,016,612 UNILEVER N V N Y SHS NEW 904784709 3,209 93,372 SH SOLE 93,372 UNILEVER PLC SPON ADR NEW 904767704 2,334 69,630 SH SOLE 69,630 UNITED PARCEL SERVICE INC CL B 911312106 29,655 405,175 SH SOLE 405,175 VERIZON COMMUNICATIONS INC COM 92343V104 135,829 3,385,561 SH SOLE 3,385,561 VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 303,206 10,817,189 SH SOLE 10,817,189 WAL MART STORES INC COM 931142103 182,265 3,049,954 SH SOLE 3,049,954 WALGREEN CO COM 931422109 212 6,400 SH SOLE 6,400 WUXI PHARMATECH CAYMAN INC SPONS ADR SHS 929352102 1,914 173,401 SH SOLE 173,401