ROCKLINC Investment Partners Inc. on Cameco Corporation
Thesis
ROCKLINC owns Cameco for secular tailwinds in uranium demand and the broader energy transition. The manager groups uranium with its base-metal and agricultural-material holdings, where favorable supply-demand dynamics can create shareholder value over the coming months and years. Cameco is also a meaningful disclosed Partners Fund holding, at approximately 4.53% of the portfolio. ROCKLINC expects disciplined capital allocation and the growing importance of nuclear fuel supply to support the thesis.
“Cameco benefited from secular tailwinds in the energy transition and uranium demand”