Fund Holdings

LOUISBOURG INVESTMENTS INC.

Filing Period:
Securities
SharesValue ($K)
Q2 2025
Q3 2025
Change
Q2 2025
Q3 2025
Weight (%)
Change
SSR MINING INC(SSRM)0188,300+188,30004,596,2461.00%+4,596,246
DANAHER CORP(DHR)021,480+21,48003,268,2660.71%+3,268,266
GILDAN ACTIVEWEAR INC(GIL)145,316179,231+33,9157,147,03810,351,3922.26%+3,204,354
OR ROYALTIES INC(OR)348,831292,871-55,9608,948,97411,735,0372.56%+2,786,063
SHOPIFY INC(SHOP)108,287101,446-6,84112,466,14115,067,1473.29%+2,601,006
OTIS WORLDWIDE CORP(OTIS)21,54159,131+37,5901,862,8994,316,6410.94%+2,453,742
ATS CORP(ATS)101,522215,295+113,7733,231,7685,630,9831.23%+2,399,215
WHEATON PRECIOUS METALS CORP(WPM)115,846113,228-2,61810,398,37412,667,2862.76%+2,268,912
RESTAURANT BRANDS INTERNATIONA(QSR)74,109111,215+37,1064,906,7407,132,5881.56%+2,225,848
ALPHABET INC(GOOG)50,42847,788-2,6407,408,1189,589,7312.09%+2,181,613
TECK RESOURCES LTD(TECK)98,173139,912+41,7393,962,7556,135,7861.34%+2,173,031
AGNICO EAGLE MINES LTD(AEM)26,55026,725+1753,157,2764,499,9210.98%+1,342,645
MARSH & MCLENNAN COS INC(MRSH)5,47914,794+9,315893,6422,171,0280.47%+1,277,386
UNION PACIFIC CORP(UNP)12,59818,098+5,5002,374,0013,450,0830.75%+1,076,082
VANGUARD S&P 500 ETF11,78512,658+8736,694,4787,751,7691.69%+1,057,291
LIGHTSPEED COMMERCE INC(LSPD)552,705652,062+99,3576,473,8157,527,2151.64%+1,053,400
KINROSS GOLD CORP(KGC)211,200173,500-37,7003,294,2434,304,7840.94%+1,010,541
NEW GOLD INC685,700614,100-71,6003,402,6164,398,0870.96%+995,471
PEMBINA PIPELINE CORP(PBA)171,325180,723+9,3986,420,7637,304,9951.59%+884,232
SAP SE(SAP)4,1807,580+3,4001,271,1382,025,4520.44%+754,314
ULTA BEAUTY INC(ULTA)6,2707,280+1,0102,291,5233,036,7940.66%+745,271
JOHNSON & JOHNSON(JNJ)42,11239,572-2,5405,200,8575,907,8181.29%+706,961
ISHARES CORE MSCI EAFE ETF84,48488,591+4,1077,052,7027,734,8571.69%+682,155
VANGUARD FTSE EMERGING MARKETS62,79469,608+6,8143,105,7983,771,3690.82%+665,571
JACOBS SOLUTIONS INC(J)44,32844,32804,695,0745,281,9001.15%+586,826
MICROSOFT CORP(MSFT)31,27031,662+39212,722,55213,289,3312.90%+566,779
FORTIS INC/CANADA(FTS)72,56279,000+6,4383,458,1704,005,8980.87%+547,728
CGI INC(GIB)42,34055,973+13,6334,438,2054,984,1341.09%+545,929
AGILENT TECHNOLOGIES INC(A)47,22048,820+1,6004,464,9004,995,4421.09%+530,542
ROGERS COMMUNICATIONS INC(RCI)309,985281,520-28,4659,177,0839,688,6882.11%+511,605
BANK OF NEW YORK MELLON CORP/T42,17342,073-1002,868,8283,356,1620.73%+487,334
WILLIS TOWERS WATSON PLC(WTW)17,67117,67104,196,3784,654,2921.02%+457,914
CANADIAN PACIFIC KANSAS CITY L(CP)28,70936,700+7,9912,276,4352,732,5300.60%+456,095
DOLLAR GENERAL CORP(DG)26,10235,302+9,2002,254,7352,692,1230.59%+437,388
ORACLE CORP(ORCL)14,70912,669-2,0403,065,3273,481,8350.76%+416,508
SALESFORCE INC(CRM)29,15736,802+7,6456,373,6586,783,2151.48%+409,557
ROYAL BANK OF CANADA(RY)28,23327,910-3233,713,9754,112,4200.90%+398,445
BROADCOM INC(AVGO)26,67023,610-3,0606,190,4676,586,7551.44%+396,288
ALPHABET INC(GOOG)5,8655,86501,033,5891,425,7810.31%+392,192
GREENFIRE RESOURCES LTD483,379533,379+50,0002,147,0912,455,9730.54%+308,882
ISHARES CORE S&P 500 ETF19,36018,400-96012,020,62412,315,1202.69%+294,496
BARRICK MINING CORP(B)2,12510,205+8,08044,157335,0840.07%+290,927
BROOKFIELD CORP(BN)122,846114,775-8,0717,588,8457,872,9001.72%+284,055
SANDSTORM GOLD LTD421,282338,282-83,0003,955,5984,233,0810.92%+277,483
SUN LIFE FINANCIAL INC(SLF)6504,967+4,31743,170298,1770.07%+255,007
ENBRIDGE INC(ENB)15,20818,508+3,300688,334933,4430.20%+245,109
FOX CORP(FOX)1903,990+3,80010,648251,6090.05%+240,961
ARISTA NETWORKS INC(ANET)1601,765+1,60516,370257,1780.06%+240,808
AFLAC INC(AFL)1102,250+2,14011,601251,3250.05%+239,724
IMPERIAL OIL LTD(IMO)1502,710+2,56011,894245,6540.05%+233,760
WESTERN DIGITAL CORP(WDC)1001,970+1,8706,399236,5180.05%+230,119
UNIVERSAL HEALTH SERVICES INC(UHS)601,055+99510,869215,6840.05%+204,815
BERKSHIRE HATHAWAY INC8805,830,4006,033,6001.32%+203,200
LEIDOS HOLDINGS INC(LDOS)01,035+1,0350195,5740.04%+195,574
BANK OF NOVA SCOTIA/THE117,292103,164-14,1286,473,7146,668,8661.46%+195,152
SNAP-ON INC(SNA)20580+5606,224200,9870.04%+194,763
KROGER CO/THE(KR)852,945+2,8606,097198,5220.04%+192,425
GE HEALTHCARE TECHNOLOGIES INC(GEHC)1502,625+2,47511,110197,1370.04%+186,027
CISCO SYSTEMS INC(CSCO)4083,083+2,67528,307210,9390.05%+182,632
HP INC(HPQ)1756,675+6,5004,281181,7600.04%+177,479
BANK OF MONTREAL8,4288,4280932,2511,097,9220.24%+165,671
ALLEGION PLC(ALLE)21,94518,725-3,2202,561,2182,726,6930.60%+165,475
MOLSON COORS BEVERAGE CO(TAP)1303,770+3,6406,252170,5930.04%+164,341
CAPITAL ONE FINANCIAL CORP(COF)50810+76010,638172,1900.04%+161,552
DESCARTES SYSTEMS GROUP INC/TH(DSGX)33,16637,348+4,1823,362,7893,515,6110.77%+152,822
TJX COS INC/THE(TJX)11,30910,688-6211,396,5481,544,8440.34%+148,296
MCKESSON CORP(MCK)0186+1860143,6920.03%+143,692
NVIDIA CORP(NVDA)4,2554,305+50672,247803,2270.18%+130,980
CONOCOPHILLIPS(COP)48,67248,642-303,387,4643,511,0570.77%+123,593
ISHARES MSCI EAFE ETF751,370+1,2956,704127,9170.03%+121,213
HOME DEPOT INC/THE(HD)4,1004,000-1001,503,2241,620,7600.35%+117,536
APPLE INC(AAPL)2,6402,6400459,471564,6440.12%+105,173
MITSUBISHI UFJ FINANCIAL GROUP(MUFG)45,31045,3100621,653722,2410.16%+100,588
BROOKFIELD INFRASTRUCTURE PART1,9584,958+3,00065,472163,3320.04%+97,860
SPDR S&P DIVIDEND ETF0685+685095,9340.02%+95,934
WALMART INC(WMT)17,04517,04501,666,6601,756,6580.38%+89,998
BP PLC(BP)19,68019,6800589,022678,1730.15%+89,151
BHP GROUP LTD11,08011,0800532,837617,7100.13%+84,873
ISHARES GLOBAL INFRASTRUCTURE16,67717,419+742987,2781,064,6490.23%+77,371
MCDONALD'S CORP(MCD)9,9929,99202,490,7422,566,2160.56%+75,474
RIO TINTO PLC(RIO)9,6809,6800564,634638,9770.14%+74,343
ABBVIE INC(ABBV)1,3951,3950258,940322,9980.07%+64,058
BERKSHIRE HATHAWAY INC1,3291,409+80645,588708,3610.15%+62,773
BECTON DICKINSON & CO(BDX)49,59046,790-2,8006,576,0156,637,8231.45%+61,808
TC ENERGY CORP(TRP)10,97510,9750534,793596,5650.13%+61,772
GOLDMAN SACHS GROUP INC/THE(GS)1,0841,0840571,412630,8680.14%+59,456
MERCK & CO INC(MRK)3571,034+67728,26086,7840.02%+58,524
MASTERCARD INC(MA)44124+8024,72570,5320.02%+45,807
SUMITOMO MITSUI FINANCIAL GROU(SMFG)26,65226,6520402,712446,1540.10%+43,442
WELLS FARGO & CO(WFC)28,84428,744-1001,731,4841,769,8300.39%+38,346
ALTRIA GROUP INC(MO)1,3601,714+35479,737113,2270.02%+33,490
HEALTH CARE SELECT SECTOR SPDR0210+210029,2260.01%+29,226
VANGUARD FTSE DEVELOPED MARKET10,00010,0000570,100599,2000.13%+29,100
CHECK POINT SOFTWARE TECHNOLOG0138+138028,5540.01%+28,554
GENERAL DYNAMICS CORP(GD)080+80027,2800.01%+27,280
BCE INC(BCE)1,8802,880+1,00041,61567,2780.01%+25,663
AUTOMATIC DATA PROCESSING INC076+76022,3060.00%+22,306
SHELL PLC(SHEL)18,29018,29001,287,7991,308,2840.29%+20,485
COLGATE-PALMOLIVE CO(CL)264514+25023,99841,0890.01%+17,091
EMERA INC(EMA)6,4006,4000292,628306,9660.07%+14,338
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