Fund HoldingsLOUISBOURG INVESTMENTS INC.

Total Portfolio Value
$501.89M
Total Bought
$75.87M
Total Sold
$40.30M
Net Transaction
+$35.57M
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
BOYD GROUP INC(BGSI)046,456+46,45607,2721.45%+7,272
HUDBAY MINERALS INC(HBM)0263,900+263,90005,2471.05%+5,247
IAMGOLD CORP(IAG)0308,400+308,40005,0961.02%+5,096
EQUINOX GOLD CORP(EQX)0345,600+345,60004,8640.97%+4,864
ENERGY FUELS INC/CANADA(UUUU)0304,200+304,20004,4120.88%+4,412
ROYAL GOLD INC(RGLD)017,717+17,71703,9380.78%+3,938
FIRSTSERVICE CORP024,640+24,64003,8370.76%+3,837
COSTAR GROUP INC(CSGP)090,322+90,32204,7450.95%+4,745
ALPHABET INC(GOOG)47,78849,683+1,8959,59013,0562.60%+3,466
CENOVUS ENERGY INC(CVE)0180,588+180,58803,0590.61%+3,059
DESCARTES SYSTEMS GROUP INC/TH(DSGX)37,34871,863+34,5153,5166,3131.26%+2,798
TSMC(TSM)040,369+40,369010,5382.10%+10,538
STANTEC INC(STN)042,005+42,00503,9690.79%+3,969
SUNCOR ENERGY INC(SU)096,579+96,57904,2930.86%+4,293
T-MOBILE US INC(TMUS)041,923+41,92306,8071.36%+6,807
TECK RESOURCES LTD(TECK)139,912159,462+19,5506,1367,6451.52%+1,509
SALESFORCE INC(CRM)36,80239,198+2,3966,7838,2861.65%+1,503
COGNIZANT TECHNOLOGY SOLUTIONS(CTSH)093,718+93,71806,2561.25%+6,256
INVESCO S&P 500 EQUAL WEIGHT E
S&P500 EQL WGT
024,300+24,30003,5370.70%+3,537
PEMBINA PIPELINE CORP(PBA)180,723227,338+46,6157,3058,6731.73%+1,368
AMAZON.COM INC(AMZN)043,301+43,30108,1621.63%+8,162
THOMSON REUTERS CORP(TRI)013,720+13,72001,8130.36%+1,813
OTIS WORLDWIDE CORP(OTIS)59,13176,277+17,1464,3175,4031.08%+1,087
META PLATFORMS INC(META)013,555+13,55507,1831.43%+7,183
CGI INC(GIB)55,97361,824+5,8514,9845,7191.14%+735
ROYAL BANK OF CANADA(RY)27,91028,015+1054,1124,7830.95%+670
DOLLAR GENERAL CORP(DG)35,30232,739-2,5632,6923,3330.66%+641
KKR & CO INC(KKR)031,575+31,57503,1690.63%+3,169
BECTON DICKINSON & CO(BDX)46,79046,814+246,6387,2071.44%+569
DOLLAR TREE INC(DLTR)039,091+39,09103,8920.78%+3,892
ABBOTT LABORATORIES038,563+38,56303,8860.77%+3,886
VANGUARD S&P 500 ETF12,65813,237+5797,7528,3021.65%+550
KINROSS GOLD CORP(KGC)173,500171,700-1,8004,3054,8430.96%+538
NEW GOLD INC614,100563,400-50,7004,3984,9160.98%+518
TOTALENERGIES SE(TTE)07,240+7,24004740.09%+474
WELLS FARGO & CO(WFC)28,74430,783+2,0391,7702,1860.44%+417
ISHARES CORE MSCI EAFE ETF
CORE MSCI EAFE
88,59191,057+2,4667,7358,1461.62%+411
ENTEGRIS INC(ENTG)038,519+38,51902,4830.49%+2,483
GREENFIRE RESOURCES LTD533,379597,344+63,9652,4562,8550.57%+399
NETFLIX INC(NFLX)011,926+11,92609030.18%+903
VISA INC(V)010,376+10,37602,8170.56%+2,817
SUMITOMO MITSUI FINANCIAL GROU(SMFG)26,65239,152+12,5004467570.15%+311
BROADCOM INC(AVGO)23,61023,051-5596,5876,8941.37%+307
WALT DISNEY CO/THE(DIS)051,939+51,93904,8350.96%+4,835
ALPHABET INC(GOOG)5,8655,500-3651,4261,7220.34%+296
COLLIERS INTERNATIONAL GROUP I(CIGI)051,772+51,77207,6201.52%+7,620
ROSS STORES INC(ROST)022,267+22,26703,1990.64%+3,199
LIGHTSPEED COMMERCE INC(LSPD)652,062646,233-5,8297,5277,8081.56%+281
ACCENTURE PLC
SHS CLASS A
015,196+15,19603,1630.63%+3,163
CANADIAN NATIONAL RAILWAY CO(CNI)0289,946+289,946028,7175.72%+28,717
ROGERS COMMUNICATIONS INC(RCI)281,520261,833-19,6879,6899,8981.97%+209
INVESCO LTD(IVZ)07,475+7,47501960.04%+196
CENTERPOINT ENERGY INC(CNP)074,258+74,25802,1920.44%+2,192
UNION PACIFIC CORP(UNP)18,09819,012+9143,4503,6200.72%+170
CELESTICA INC(CLS)014,100+14,10004,1770.83%+4,177
WILLIS TOWERS WATSON PLC(WTW)17,67118,693+1,0224,6544,8180.96%+164
CONOCOPHILLIPS(COP)48,64250,143+1,5013,5113,6580.73%+147
GOLDMAN SACHS GROUP INC/THE(GS)1,0841,163+796317760.15%+145
MCDONALD'S CORP(MCD)9,99210,349+3572,5662,7090.54%+143
WALMART INC(WMT)17,04517,04501,7571,8990.38%+142
RIO TINTO PLC(RIO)9,6809,68006397750.15%+136
CENCORA INC0430+43001450.03%+145
TJX COS INC/THE(TJX)10,68810,68801,5451,6420.33%+97
ATS CORP(ATS)215,295207,130-8,1655,6315,7141.14%+83
AMGEN INC(AMGN)01,700+1,70005560.11%+556
BARRICK MINING CORP(B)10,2059,185-1,0203354010.08%+66
CANADIAN PACIFIC KANSAS CITY L(CP)36,70037,890+1,1902,7332,7940.56%+61
MANULIFE FINANCIAL CORP(MFC)011,565+11,56504210.08%+421
VANGUARD FTSE EMERGING MARKETS69,60871,236+1,6283,7713,8300.76%+58
ISHARES GLOBAL INFRASTRUCTURE17,41918,216+7971,0651,1180.22%+53
DANAHER CORP(DHR)21,48018,064-3,4163,2683,3200.66%+52
BHP GROUP LTD11,08011,08006186690.13%+51
BOSTON SCIENTIFIC CORP(BSX)07,867+7,86705850.12%+585
APPLE INC(AAPL)2,6402,64005656070.12%+43
SAP SE(SAP)7,5808,480+9002,0252,0600.41%+34
CISCO SYSTEMS INC(CSCO)3,0833,133+502112410.05%+30
VANGUARD FTSE DEVELOPED MARKET10,00010,00005996250.12%+26
CAPITAL ONE FINANCIAL CORP(COF)810815+51721980.04%+25
FOX CORP(FOX)3,9903,740-2502522730.05%+22
GE HEALTHCARE TECHNOLOGIES INC(GEHC)2,6252,665+401972190.04%+21
ALTRIA GROUP INC(MO)1,7142,308+5941131330.03%+20
UNIVERSAL HEALTH SERVICES INC(UHS)1,0551,080+252162350.05%+20
BROOKFIELD INFRASTRUCTURE PART
LP INT UNIT
4,9585,128+1701631790.04%+15
SUN LIFE FINANCIAL INC(SLF)4,9674,955-122983100.06%+12
RTX CORP(RTX)0635+63501160.02%+116
SOUNDHOUND AI INC(SOUN)01,000+1,0000100.00%+10
GRANITE REAL ESTATE INVESTMENT(GRTUF)02,400+2,40001430.03%+143
CAMECO CORP(CCJ)0100+100090.00%+9
EMERA INC(EMA)6,4006,40003073160.06%+9
TC ENERGY CORP(TRP)10,97510,97505976050.12%+9
MOLSON COORS BEVERAGE CO(TAP)3,7703,820+501711780.04%+8
LOCKHEED MARTIN CORP(LMT)066+660320.01%+32
COINBASE GLOBAL INC(COIN)023+23050.00%+5
BERKSHIRE HATHAWAY INC8806,0346,0381.20%+5
NEWMONT CORP(NEM)0305+3050300.01%+30
PACIFIC BIOSCIENCES OF CALIFOR01,900+1,900040.00%+4
STATE STREET HEALTH CARE SELEC
ST STR CARE ETF
210210029330.01%+3
ARCHER AVIATION INC(ACHR)0745+745060.00%+6
TWIST BIOSCIENCE CORP(TWST)095+95030.00%+3
CBOE GLOBAL MARKETS INC(CBOE)0392+3920980.02%+98
Page 1 of 1