Fund HoldingsMONTRUSCO BOLTON INVESTMENTS INC.

Total Portfolio Value
$8.03B
Total Bought
$524.43M
Total Sold
$1.27B
Net Transaction
-$749.93M
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
ZOETIS INC(ZTS)607,7642,168,078+1,560,31488,928266,8883.33%+177,960
BROADCOM INC(AVGO)0285,740+285,740098,8951.23%+98,895
API GROUP CORP(APG)1,465,7003,090,155+1,624,45550,376115,3141.44%+64,938
ALPHABET INC(GOOG)1,980,5901,738,855-241,735471,743533,2036.64%+61,459
MASTERCARD INCORPORATED(MA)308,640382,750+74,110172,416214,1652.67%+41,749
MONSTER BEVERAGE CORP NEW(MNST)3,411,7363,539,158+127,422226,186266,5183.32%+40,332
TAIWAN SEMICONDUCTOR MFG LTD(TSM)708,231698,967-9,264185,798200,4242.50%+14,626
ORLA MNG LTD NEW(ORLA)01,071,537+1,071,537014,4300.18%+14,430
WASTE CONNECTIONS INC(WCN)2,252,9332,345,566+92,633384,238397,8734.96%+13,635
DANAHER CORPORATION(DHR)1,611,5311,444,568-166,963310,608321,4784.01%+10,870
FIRSTSERVICE CORP NEW100,748190,823+90,07519,20029,7150.37%+10,515
CAMECO CORP(CCJ)096,167+96,16708,8170.11%+8,817
WALMART INC(WMT)562,384598,835+36,45157,95966,7160.83%+8,757
TFI INTL INC(TFII)266,807299,155+32,34823,48630,9620.39%+7,476
TRACTOR SUPPLY CO(TSCO)1,000,5301,285,595+285,06556,90064,2930.80%+7,392
OPEN TEXT CORP(OTEX)0218,938+218,93807,1400.09%+7,140
CGI INC(GIB)467,777518,394+50,61741,67447,9460.60%+6,272
DESCARTES SYS GROUP INC(DSGX)127,963192,740+64,77712,05116,9310.21%+4,879
ENDEAVOUR SILVER CORP(EXK)1,214,4751,402,392+187,9179,51413,2080.16%+3,694
EQUINOX GOLD CORP(EQX)0159,274+159,27402,2410.03%+2,241
ELDORADO GOLD CORP NEW(EGO)356,975341,707-15,26810,31112,2970.15%+1,986
TASEKO MINES LTD(TGB)2,891,2502,454,659-436,59112,26013,9140.17%+1,654
BROOKFIELD WEALTH SOL LTD
CL A EXCHANGEAB
134,437234,974+100,5379,21910,8320.13%+1,614
GILDAN ACTIVEWEAR INC(GIL)242,000245,900+3,90013,98415,3900.19%+1,406
CANADIAN NATL RY CO(CNI)200,189197,993-2,19618,88219,6080.24%+726
ALAMOS GOLD INC NEW547,567512,247-35,32019,09019,8060.25%+716
SPS COMM INC(SPSC)49,37563,300+13,9255,1425,6420.07%+500
CAE INC(CAE)565,500565,500016,74917,2200.21%+471
BROOKFIELD CORP(BN)55,05688,351+33,2953,7784,0620.05%+283
RYAN SPECIALTY HOLDINGS INC(RYAN)3,974,8694,343,116+368,247217,745218,0102.72%+264
CBIZ INC(CBZ)276,821295,121+18,30014,66014,8890.19%+228
LIGHTSPEED COMMERCE INC(LSPD)39,00039,00004504710.01%+21
CORE & MAIN INC(CNM)167,615171,615+4,0009,0238,9190.11%-104
BRP INC(DOO)318,118269,343-48,77519,34719,0700.24%-277
ATS CORPORATION(ATS)283,781254,681-29,1007,4267,0250.09%-401
SHOPIFY INC(SHOP)44,41238,112-6,3006,6006,1450.08%-455
POOL CORP(POOL)26,74532,295+5,5508,2937,3870.09%-905
PROCTER AND GAMBLE CO(PG)14,7389,231-5,5072,2641,3230.02%-942
ERO COPPER CORP(ERO)765,896509,963-255,93315,51714,4460.18%-1,071
CANADIAN PACIFIC KANSAS CITY(CP)22,2212,755-19,4661,6552030.00%-1,452
SANDSTORM GOLD LTD116,5990-116,5991,4600-1,460
GRANITE REAL ESTATE INVT TR(GRTUF)251,942210,254-41,68814,00212,5330.16%-1,469
BROOKFIELD ASSET MANAGMT LTD(BAM)329,296321,897-7,39918,74416,8840.21%-1,859
UFP TECHNOLOGIES INC(UFPT)32,15920,329-11,8306,4194,5140.06%-1,905
THOMSON REUTERS CORP(TRI)37,66729,041-8,6265,8503,8370.05%-2,013
COLLIERS INTL GROUP INC(CIGI)135,777129,177-6,60021,24019,0120.24%-2,228
ROYAL BK CDA(RY)346,418285,473-60,94551,06948,7310.61%-2,338
SUNCOR ENERGY INC NEW(SU)581,429494,481-86,94824,33721,9760.27%-2,361
BANK MONTREAL QUE227,141208,443-18,69829,60527,1060.34%-2,499
PEMBINA PIPELINE CORP(PBA)279,262229,490-49,77211,2948,7540.11%-2,539
SERVICENOW INC(NOW)2,7730-2,7732,5520-2,552
RB GLOBAL INC(RBA)184,805167,410-17,39520,02117,2580.22%-2,763
WHEATON PRECIOUS METALS CORP(WPM)233,795194,388-39,40726,16922,8830.29%-3,286
AGNICO EAGLE MINES LTD(AEM)193,818171,124-22,69432,65129,0580.36%-3,594
TORONTO DOMINION BK ONT(TD)486,409374,003-112,40638,90235,2950.44%-3,606
BROOKFIELD INFRAST PARTNERS
LP INT UNIT
138,3300-138,3304,5590-4,559
SUN LIFE FINANCIAL INC.(SLF)302,549203,469-99,08018,17212,7180.16%-5,454
FORTINET INC(FTNT)1,236,8921,228,784-8,108103,99897,5781.22%-6,420
TELUS CORPORATION(TU)475,2730-475,2737,4870-7,487
NETFLIX INC(NFLX)6,8730-6,8738,2400-8,240
NEW GOLD INC CDA1,331,6890-1,331,6899,5420-9,542
AMERICAS GOLD AND SILVER COR(USAS)2,668,5490-2,668,5499,9540-9,954
OR ROYALTIES INC.(OR)332,9580-332,95813,3480-13,348
ADOBE INC(ADBE)362,784318,040-44,744123,790107,2071.34%-16,582
ENBRIDGE INC(ENB)487,427139,459-347,96824,5966,6820.08%-17,913
SHERWIN WILLIAMS CO(SHW)419,798387,679-32,119142,592122,8641.53%-19,729
APPLE INC(AAPL)933,027793,410-139,617237,577215,6962.69%-21,880
LAM RESEARCH CORP(LRCX)975,201626,819-348,382127,698104,2271.30%-23,471
IDEXX LABS INC(IDXX)232,282176,932-55,350145,555117,0911.46%-28,464
AMAZON COM INC(AMZN)2,368,4812,124,958-243,523506,886478,2015.96%-28,685
VALERO ENERGY CORP(VLO)1,255,6501,100,912-154,738213,787179,2172.23%-34,570
PUBLIC STORAGE OPER CO(PSA)711,333635,726-75,607199,714160,1822.00%-39,533
SYSCO CORP(SYY)489,9820-489,98240,3450-40,345
NVIDIA CORPORATION(NVDA)4,200,0293,990,992-209,037765,105722,8859.01%-42,220
SYNOPSYS INC(SNPS)537,155451,599-85,556258,560207,5952.59%-50,965
ELI LILLY & CO(LLY)70,3890-70,38953,7070-53,707
CHIPOTLE MEXICAN GRILL INC(CMG)6,453,0655,289,270-1,163,795245,678190,2512.37%-55,428
UBER TECHNOLOGIES INC(UBER)2,524,9622,086,619-438,343241,047164,9652.06%-76,082
META PLATFORMS INC(META)543,939457,439-86,500389,975294,5303.67%-95,445
ROLLINS INC(ROL)3,641,0681,857,978-1,783,090205,586108,4521.35%-97,135
JPMORGAN CHASE & CO.(JPM)1,369,5241,005,426-364,098418,762313,3283.90%-105,434
MICROSOFT CORP(MSFT)1,718,2661,613,524-104,742869,109759,4559.46%-109,654
BLACKROCK INC(BLK)333,392247,965-85,427379,229260,2233.24%-119,006
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