Louisbourg Investments Inc.
Net buyer this quarter
$542M
197
+$14.1M
27.0%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 CNI | $30M | 5.53% | 0.04% | -12.4% | Q4 2023 |
 SHOP | $17.5M | 3.24% | 0.04% | +24.3% | Q4 2023 |
 TECK | $14.7M | 2.71% | Not reported | +40.5% | Q4 2023 |
 GOOG | $13.3M | 2.45% | Not reported | -11.6% | Q4 2023 |
 SU | $12.8M | 2.36% | 0.02% | +189.6% | Q4 2023 |
 TSM | $12.6M | 2.33% | 0.00% | -18.8% | Q4 2023 |
 MSFT | $12.4M | 2.29% | 0.00% | -3.5% | Q4 2023 |
 CVE | $12.2M | 2.24% | 0.03% | +118.2% | Q4 2023 |
 BN | $11.5M | 2.12% | Not reported | +1.8% | Q4 2023 |
 AMZN | $9.51M | 1.75% | 0.00% | +0.9% | Q4 2023 |
 AVGO | $9.01M | 1.66% | 0.00% | -2.5% | Q4 2023 |
 BB | $8.56M | 1.58% | 0.12% | New | Q2 2026 |
 CRM | $8.44M | 1.56% | 0.01% | +25.9% | Q4 2023 |
 CIGI | $8.14M | 1.50% | 0.22% | +14.6% | Q4 2023 |
 GIL | $7.9M | 1.46% | 0.08% | -1.3% | Q4 2023 |
 NTR | $7.75M | 1.43% | 0.02% | +71.2% | Q4 2023 |
 META | $7.74M | 1.43% | Not reported | +15.7% | Q4 2023 |
 TMUS | $7.36M | 1.36% | 0.01% | +27.2% | Q4 2023 |
 WPM | $7.32M | 1.35% | 0.01% | -23.8% | Q4 2023 |
 TRI | $7.29M | 1.35% | 0.02% | +22.8% | Q4 2023 |
 MDA | $7.1M | 1.31% | Not reported | +2403.6% | Q1 2026 |
 CNQ | $6.98M | 1.29% | 0.01% | +32.8% | Q4 2023 |
 STN | $6.97M | 1.29% | 0.09% | +28.9% | Q4 2023 |
 PBA | $6.53M | 1.21% | 0.02% | +9.3% | Q4 2023 |
 BGSI | $6.43M | 1.19% | 0.24% | +32.9% | Q4 2025 |
 LSPD | $6.04M | 1.11% | 0.42% | -14.1% | Q4 2023 |
 BRK.A | $5.99M | 1.11% | Not reported | Not reported | Q4 2023 |
 BSX | $5.95M | 1.10% | 0.01% | +117.6% | Q4 2023 |
 OTIS | $5.81M | 1.07% | 0.03% | +23.1% | Q4 2023 |
 DSGX | $5.75M | 1.06% | 0.10% | +4.4% | Q4 2023 |
 BDX | $5.64M | 1.04% | 0.02% | +4.7% | Q4 2023 |
 CSGP | $5.5M | 1.01% | 0.06% | +46.4% | Q2 2025 |
 FNV | $5.49M | 1.01% | 0.01% | -11.6% | Q2 2025 |
 BNS | $5.44M | 1.00% | 0.01% | -30.0% | Q4 2023 |
 J | $5.43M | 1.00% | 0.05% | +27.2% | Q4 2023 |
 OR | $5.36M | 0.99% | 0.09% | -23.6% | Q2 2025 |
 RY | $5.31M | 0.98% | 0.00% | -2.0% | Q4 2023 |
 QSR | $5.21M | 0.96% | 0.02% | +19.8% | Q4 2023 |
 HBM | $5.19M | 0.96% | 0.06% | -23.0% | Q2 2024 |
 AG | $5.16M | 0.95% | 0.06% | +9.0% | Q1 2026 |
 MEOH | $5.02M | 0.93% | 0.14% | +544000.0% | Q4 2023 |
 WTW | $5.01M | 0.92% | 0.03% | +11.2% | Q4 2023 |
 ABT | $4.71M | 0.87% | 0.00% | +14.1% | Q4 2023 |
 TD | $4.58M | 0.85% | 0.00% | -20.1% | Q4 2023 |
 DIS | $4.52M | 0.83% | 0.00% | -0.7% | Q4 2023 |
 FSV | $4.47M | 0.82% | 0.07% | +3.6% | Q4 2025 |
 RCI | $4.28M | 0.79% | Not reported | +4.0% | Q4 2023 |
 CBRE | $4.22M | 0.78% | 0.01% | +47.1% | Q2 2024 |
 CTSH | $4.14M | 0.76% | 0.03% | +75.8% | Q4 2023 |
 COP | $4.05M | 0.75% | 0.00% | +15.1% | Q4 2023 |
| Q1 2026 | |||||
| CNI | $29.5M | 5.58% | 0.05% | -0.9% | Q4 2023 |
| SHOP | $14.6M | 2.77% | 0.03% | +84.9% | Q4 2023 |
| MSFT | $12.8M | 2.43% | 0.00% | +28.8% | Q4 2023 |
| GOOG | $12.2M | 2.31% | Not reported | +2.8% | Q4 2023 |
| WPM | $11.2M | 2.12% | 0.02% | -6.8% | Q4 2023 |
| TSM | $11M | 2.08% | 0.00% | -6.8% | Q4 2023 |
| BN | $10.7M | 2.03% | Not reported | +58.5% | Q4 2023 |
| TECK | $9.1M | 1.72% | Not reported | +10.3% | Q4 2023 |
| GIL | $8.65M | 1.63% | 0.08% | +6.5% | Q4 2023 |
| OR | $8.43M | 1.59% | 0.12% | +1.1% | Q2 2025 |
| AMZN | $8.32M | 1.57% | 0.00% | +14.1% | Q4 2023 |
| CIGI | $8.1M | 1.53% | 0.19% | +46.6% | Q4 2023 |
| CRM | $7.99M | 1.51% | 0.01% | +38.1% | Q4 2023 |
| AVGO | $7.62M | 1.44% | 0.00% | +27.3% | Q4 2023 |
| TMUS | $7.42M | 1.40% | 0.00% | +5.7% | Q4 2023 |
| FNV | $7.37M | 1.39% | 0.02% | Not reported | Q2 2025 |
| META | $6.78M | 1.28% | Not reported | +9.9% | Q4 2023 |
| STN | $6.78M | 1.28% | 0.07% | +87.0% | Q4 2023 |
 SSRM | $6.61M | 1.25% | 0.10% | +8.5% | Q3 2025 |
| TRI | $6.56M | 1.24% | 0.02% | +430.9% | Q4 2023 |
| CNQ | $6.47M | 1.22% | 0.01% | +0.1% | Q4 2023 |
| BGSI | $6.42M | 1.21% | 0.18% | +10.3% | Q4 2025 |
 UUUU | $6.21M | 1.17% | 0.14% | +11.6% | Q4 2025 |
| BNS | $6.2M | 1.17% | 0.01% | +15.9% | Q4 2023 |
| LSPD | $6M | 1.14% | 0.49% | +4.1% | Q4 2023 |
 KGC | $5.98M | 1.13% | 0.02% | +14.2% | Q4 2023 |
| AG | $5.98M | 1.13% | 0.06% | New | Q1 2026 |
| HBM | $5.97M | 1.13% | 0.07% | +8.3% | Q2 2024 |
 IAG | $5.97M | 1.13% | 0.05% | +3.2% | Q1 2025 |
| CVE | $5.96M | 1.13% | 0.01% | +24.7% | Q4 2023 |
| PBA | $5.79M | 1.09% | 0.02% | -43.0% | Q4 2023 |
 GIB | $5.75M | 1.09% | Not reported | +27.5% | Q4 2023 |
| BRK.A | $5.75M | 1.09% | Not reported | Not reported | Q4 2023 |
| BDX | $5.74M | 1.08% | 0.02% | -1.4% | Q4 2023 |
| DSGX | $5.7M | 1.08% | 0.09% | +10.9% | Q4 2023 |
 CDE | $5.49M | 1.04% | 0.03% | New | Q1 2026 |
| NTR | $5.43M | 1.03% | 0.01% | -14.4% | Q4 2023 |
| SU | $5.43M | 1.03% | 0.01% | -14.9% | Q4 2023 |
 EQX | $5.42M | 1.02% | 0.05% | +8.8% | Q4 2025 |
| CSGP | $5.39M | 1.02% | 0.04% | +93.9% | Q2 2025 |
| OTIS | $5.2M | 0.98% | 0.02% | +9.7% | Q4 2023 |
 URI | $5.14M | 0.97% | 0.01% | +22.4% | Q1 2024 |
| WTW | $5.09M | 0.96% | 0.02% | +20.2% | Q4 2023 |
| RCI | $4.87M | 0.92% | Not reported | -51.5% | Q4 2023 |
| ABT | $4.81M | 0.91% | 0.00% | +53.7% | Q4 2023 |
| DIS | $4.62M | 0.87% | 0.00% | +14.0% | Q4 2023 |
| COP | $4.55M | 0.86% | 0.00% | -12.0% | Q4 2023 |
| QSR | $4.44M | 0.84% | 0.02% | -23.1% | Q4 2023 |
 JNJ | $4.41M | 0.83% | 0.00% | -36.1% | Q4 2023 |
| TD | $4.4M | 0.83% | 0.00% | -2.4% | Q4 2023 |
| Q4 2025 | |||||
| CNI | $28.7M | 5.72% | 0.05% | -4.0% | Q4 2023 |
| MSFT | $13.3M | 2.65% | 0.00% | +5.0% | Q4 2023 |
| GOOG | $13.1M | 2.60% | Not reported | +4.0% | Q4 2023 |
| WPM | $10.8M | 2.15% | 0.02% | -19.0% | Q4 2023 |
| SHOP | $10.8M | 2.15% | 0.02% | -34.1% | Q4 2023 |
| TSM | $10.5M | 2.10% | 0.00% | +11.5% | Q4 2023 |
| RCI | $9.9M | 1.97% | Not reported | -7.0% | Q4 2023 |
| GIL | $9.14M | 1.82% | 0.08% | -18.5% | Q4 2023 |
| PBA | $8.67M | 1.73% | 0.04% | +25.8% | Q4 2023 |
| CRM | $8.29M | 1.65% | 0.00% | +6.5% | Q4 2023 |
| AMZN | $8.16M | 1.63% | 0.00% | +11.1% | Q4 2023 |
| LSPD | $7.81M | 1.56% | 0.44% | -0.9% | Q4 2023 |
| OR | $7.78M | 1.55% | 0.12% | -25.1% | Q2 2025 |
| BN | $7.69M | 1.53% | Not reported | -2.9% | Q4 2023 |
| TECK | $7.65M | 1.52% | Not reported | +14.0% | Q4 2023 |
| CIGI | $7.62M | 1.52% | 0.13% | +10.5% | Q4 2023 |
| BGSI | $7.27M | 1.45% | 0.17% | New | Q4 2025 |
| BDX | $7.21M | 1.44% | 0.02% | +0.1% | Q4 2023 |
| META | $7.18M | 1.43% | Not reported | +24.2% | Q4 2023 |
| AVGO | $6.89M | 1.37% | 0.00% | -2.4% | Q4 2023 |
| TMUS | $6.81M | 1.36% | 0.00% | +53.5% | Q4 2023 |
| DSGX | $6.31M | 1.26% | 0.08% | +92.4% | Q4 2023 |
| CTSH | $6.26M | 1.25% | 0.02% | +1.9% | Q4 2023 |
| BRK.A | $6.04M | 1.20% | Not reported | Not reported | Q4 2023 |
| GIB | $5.72M | 1.14% | Not reported | +10.5% | Q4 2023 |
 ATS | $5.71M | 1.14% | 0.21% | -3.8% | Q2 2025 |
| BNS | $5.7M | 1.14% | 0.01% | -25.1% | Q4 2023 |
| JNJ | $5.67M | 1.13% | 0.00% | -16.8% | Q4 2023 |
| OTIS | $5.4M | 1.08% | 0.02% | +29.0% | Q4 2023 |
| QSR | $5.34M | 1.06% | 0.02% | -29.8% | Q4 2023 |
| HBM | $5.25M | 1.05% | 0.07% | Not reported | Q2 2024 |
| NTR | $5.2M | 1.04% | 0.01% | -23.1% | Q4 2023 |
| J | $5.12M | 1.02% | 0.04% | +7.4% | Q4 2023 |
| IAG | $5.1M | 1.02% | 0.05% | Not reported | Q1 2025 |
| EQX | $4.86M | 0.97% | 0.04% | New | Q4 2025 |
| KGC | $4.84M | 0.96% | 0.01% | -1.0% | Q4 2023 |
| DIS | $4.84M | 0.96% | 0.00% | +5.0% | Q4 2023 |
| WTW | $4.82M | 0.96% | 0.02% | +5.8% | Q4 2023 |
| RY | $4.78M | 0.95% | 0.00% | +0.4% | Q4 2023 |
| URI | $4.75M | 0.95% | 0.01% | +15.5% | Q1 2024 |
| CSGP | $4.74M | 0.95% | 0.02% | +475.9% | Q2 2025 |
| TD | $4.57M | 0.91% | 0.00% | -16.5% | Q4 2023 |
| SSRM | $4.56M | 0.91% | 0.10% | +10.4% | Q3 2025 |
| CNQ | $4.51M | 0.90% | 0.01% | -25.4% | Q4 2023 |
| UUUU | $4.41M | 0.88% | 0.13% | New | Q4 2025 |
| SU | $4.29M | 0.86% | 0.01% | +51.1% | Q4 2023 |
 CLS | $4.18M | 0.83% | 0.01% | -13.5% | Q4 2023 |
 A | $4.1M | 0.82% | 0.01% | -26.5% | Q4 2023 |
| STN | $3.97M | 0.79% | 0.04% | +97.4% | Q4 2023 |
 RGLD | $3.94M | 0.78% | 0.02% | New | Q4 2025 |
| Q3 2025 | |||||
| CNI | $28.5M | 6.22% | 0.05% | +3.3% | Q4 2023 |
| SHOP | $15.1M | 3.29% | 0.03% | -6.3% | Q4 2023 |
| MSFT | $13.3M | 2.90% | 0.00% | +1.3% | Q4 2023 |
| WPM | $12.7M | 2.76% | 0.03% | -2.3% | Q4 2023 |
| OR | $11.7M | 2.56% | 0.16% | -16.0% | Q2 2025 |
| GIL | $10.4M | 2.26% | 0.12% | +23.3% | Q4 2023 |
| RCI | $9.69M | 2.11% | Not reported | -9.2% | Q4 2023 |
| GOOG | $9.59M | 2.09% | Not reported | -5.2% | Q4 2023 |
| TSM | $8.6M | 1.88% | 0.00% | -19.9% | Q4 2023 |
| BN | $7.87M | 1.72% | Not reported | -6.6% | Q4 2023 |
| LSPD | $7.53M | 1.64% | 0.45% | +18.0% | Q4 2023 |
| CIGI | $7.32M | 1.60% | 0.12% | -22.6% | Q4 2023 |
| PBA | $7.3M | 1.59% | 0.03% | +5.5% | Q4 2023 |
| QSR | $7.13M | 1.56% | 0.03% | +50.1% | Q4 2023 |
| AMZN | $6.89M | 1.50% | 0.00% | -0.1% | Q4 2023 |
| CRM | $6.78M | 1.48% | 0.00% | +26.2% | Q4 2023 |
| BNS | $6.67M | 1.46% | 0.01% | -12.1% | Q4 2023 |
| BDX | $6.64M | 1.45% | 0.02% | -5.7% | Q4 2023 |
| AVGO | $6.59M | 1.44% | 0.00% | -11.5% | Q4 2023 |
| NTR | $6.43M | 1.40% | 0.02% | -7.2% | Q4 2023 |
| META | $6.3M | 1.37% | Not reported | Not reported | Q4 2023 |
| TECK | $6.14M | 1.34% | Not reported | +42.5% | Q4 2023 |
| BRK.A | $6.03M | 1.32% | Not reported | Not reported | Q4 2023 |
| JNJ | $5.91M | 1.29% | 0.00% | -6.0% | Q4 2023 |
| CNQ | $5.69M | 1.24% | 0.01% | -1.7% | Q4 2023 |
| ATS | $5.63M | 1.23% | 0.22% | +112.1% | Q2 2025 |
| J | $5.28M | 1.15% | 0.04% | Not reported | Q4 2023 |
| TMUS | $5.25M | 1.14% | 0.00% | Not reported | Q4 2023 |
| A | $5M | 1.09% | 0.02% | +3.4% | Q4 2023 |
| GIB | $4.98M | 1.09% | Not reported | +32.2% | Q4 2023 |
| URI | $4.81M | 1.05% | 0.01% | -25.9% | Q1 2024 |
| CTSH | $4.79M | 1.05% | 0.02% | +14.6% | Q4 2023 |
| WTW | $4.65M | 1.02% | 0.02% | Not reported | Q4 2023 |
| TD | $4.63M | 1.01% | 0.00% | -21.7% | Q4 2023 |
| SSRM | $4.6M | 1.00% | 0.09% | New | Q3 2025 |
| DIS | $4.54M | 0.99% | 0.00% | +0.1% | Q4 2023 |
 AEM | $4.5M | 0.98% | 0.01% | +0.7% | Q2 2024 |
| OTIS | $4.32M | 0.94% | 0.02% | +174.5% | Q4 2023 |
| KGC | $4.3M | 0.94% | 0.01% | -17.9% | Q4 2023 |
 SSL | $4.23M | 0.92% | Not reported | -19.7% | Q4 2023 |
| RY | $4.11M | 0.90% | 0.00% | -1.1% | Q4 2023 |
| CLS | $4.01M | 0.88% | 0.01% | -39.4% | Q4 2023 |
 FTS | $4.01M | 0.87% | 0.02% | +8.9% | Q4 2023 |
| DSGX | $3.52M | 0.77% | 0.04% | +12.6% | Q4 2023 |
| COP | $3.51M | 0.77% | 0.00% | -0.1% | Q4 2023 |
 ORCL | $3.48M | 0.76% | 0.00% | -13.9% | Q4 2023 |
 UNP | $3.45M | 0.75% | 0.00% | +43.7% | Q4 2023 |
 BNY | $3.36M | 0.73% | 0.01% | -0.2% | Q4 2023 |
| ABT | $3.34M | 0.73% | 0.00% | Not reported | Q4 2023 |
 DLTR | $3.33M | 0.73% | 0.02% | +0.3% | Q4 2023 |