CC&L Global Long Short Fund
Quarterly Portfolio Disclosures
As of September 30, 2025
Summary of Investment Portfolio
Category
Long %
Short %
%
of Net
Asset Value
Asset Value
Energy
8.41
-7.45
0.96
Materials
15.28
-12.27
3.01
Industrials
32.50
-19.35
13.15
Consumer Discretionary
19.09
-12.79
6.30
Consumer Staples
5.64
-4.99
0.65
Health Care
18.13
-18.43
-0.30
Financials
21.38
-8.54
12.83
Information Technology
34.01
-26.10
7.92
Communication Services
8.25
-5.17
3.08
Utilities
2.94
-0.41
2.53
Real Estate
3.72
-3.57
0.14
Cash
201.21
-102.20
99.01
Top 25 Holdings - Long
% of NetAsset Value
Fortis Inc.
0.86
Csl Ltd
0.85
Siemens Energy Ag
0.84
Northern Star Resources Ltd
0.79
Tokyo Electron Ltd
0.78
TC Energy Corp
0.73
Advantest Corp
0.69
Lynas Rare Earths Ltd
0.68
Elbit Systems Ltd
0.62
Amazon.Com Inc
0.62
Waste Connections Inc
0.61
Yangzijiang Shipbuilding
0.61
Cicor Technologies-Reg
0.56
Thomson Reuters Corporation
0.54
Evolution Mining Ltd
0.51
Kongsberg Gruppen Asa
0.49
Daiichi Sankyo Co Ltd
0.48
Medibank Pvt Ltd
0.48
Raiffeisen Bank Internationa
0.47
Thyssenkrupp Ag
0.47
Evotec SE
0.46
Regis Resources Ltd
0.45
Canadian Natural Resources Ltd.
0.44
Netflix Inc
0.42
Pandora A/S
0.42
Top 25 Holdings - Short
% of NetAsset Value
TGS ASA
-0.55
Rxo Inc
-0.56
Teck Resources Ltd.
-0.57
Tpg Inc
-0.58
Goodman Group
-0.59
Sbi Holdings Inc
-0.61
Mitsubishi UFJ Financial Group
-0.61
Barry Callebaut Ag-Reg
-0.62
Japan Post Bank Co. Ltd
-0.64
Transocean Inc.
-0.65
Monolithic Power Systems Inc
-0.65
Adidas AG
-0.66
Pilbara Minerals Ltd
-0.66
Motorola Solutions Inc.
-0.70
Check Point Software Tech
-0.80
Coeur Mining Inc
-0.82
Shopify Inc - Class A
-0.84
Wisetech Global Ltd
-0.84
Argen-X SE
-0.92
Softbank Group Corp
-0.93
Novonesis (Novozymes) B
-0.94
MTU Aero Engines AG
-0.95
Newmont Corp.
-0.95
General Aerospace Co
-0.96
Expand Energy Corp
-0.96
For further information, please contact Connor, Clark & Lunn Funds Inc. Toll Free at 1-888-824-3120.
The Summary of Investment Portfolio may change due to ongoing portfolio transactions of the Fund. Updates are available quarterly. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
CC&L Funds Inc.
January 2nd, 2025