Filed: 10/9/2025ACC: 0002053050-25-000011
📋 What this filing means
LOUISBOURG INVESTMENTS INC. filed this quarterly 13F‑HR report disclosing 208 equity positions with a total reported market value of $458.24M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
208
Positions
$458.24M
Total AUM (reported)
7.34M
Total Shares
Allocation by class
COM$458.24M100.0%
Portfolio Concentration
Top 3$56.84M12.4%
4–10$74.94M16.4%
11–25$105.08M22.9%
Rest$221.37M48.3%
Top 3 weight
12.4%
Top 10 weight
28.8%
Voting Authority Distribution
Total shares with voting rights: 7.34M
Sole
Full voting authority
7.34M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole208
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings208
Rows:
CANADIAN NATIONAL RAILWAY CO
SOLEShares302.14K
TypeSH
Market value$28.48M
6.22%
Sole
302.14K
Shared
0.00
None
0.00
SHOPIFY INC
SOLEShares101.45K
TypeSH
Market value$15.07M
3.29%
Sole
101.45K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares31.66K
TypeSH
Market value$13.29M
2.90%
Sole
31.66K
Shared
0.00
None
0.00
WHEATON PRECIOUS METALS CORP
SOLEShares113.23K
TypeSH
Market value$12.67M
2.76%
Sole
113.23K
Shared
0.00
None
0.00
ISHARES CORE S&P 500 ETF
SOLEShares18.40K
TypeSH
Market value$12.32M
2.69%
Sole
18.40K
Shared
0.00
None
0.00
OR ROYALTIES INC
SOLEShares292.87K
TypeSH
Market value$11.74M
2.56%
Sole
292.87K
Shared
0.00
None
0.00
GILDAN ACTIVEWEAR INC
SOLEShares179.23K
TypeSH
Market value$10.35M
2.26%
Sole
179.23K
Shared
0.00
None
0.00
ROGERS COMMUNICATIONS INC
SOLEShares281.52K
TypeSH
Market value$9.69M
2.11%
Sole
281.52K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares47.79K
TypeSH
Market value$9.59M
2.09%
Sole
47.79K
Shared
0.00
None
0.00
TSMC
SOLEShares36.21K
TypeSH
Market value$8.60M
1.88%
Sole
36.21K
Shared
0.00
None
0.00
BROOKFIELD CORP
SOLEShares114.78K
TypeSH
Market value$7.87M
1.72%
Sole
114.78K
Shared
0.00
None
0.00
VANGUARD S&P 500 ETF
SOLEShares12.66K
TypeSH
Market value$7.75M
1.69%
Sole
12.66K
Shared
0.00
None
0.00
ISHARES CORE MSCI EAFE ETF
SOLEShares88.59K
TypeSH
Market value$7.73M
1.69%
Sole
88.59K
Shared
0.00
None
0.00
LIGHTSPEED COMMERCE INC
SOLEShares652.06K
TypeSH
Market value$7.53M
1.64%
Sole
652.06K
Shared
0.00
None
0.00
COLLIERS INTERNATIONAL GROUP I
SOLEShares46.85K
TypeSH
Market value$7.32M
1.60%
Sole
46.85K
Shared
0.00
None
0.00
PEMBINA PIPELINE CORP
SOLEShares180.72K
TypeSH
Market value$7.30M
1.59%
Sole
180.72K
Shared
0.00
None
0.00
RESTAURANT BRANDS INTERNATIONA
SOLEShares111.22K
TypeSH
Market value$7.13M
1.56%
Sole
111.22K
Shared
0.00
None
0.00
AMAZON.COM INC
SOLEShares38.97K
TypeSH
Market value$6.89M
1.50%
Sole
38.97K
Shared
0.00
None
0.00
SALESFORCE INC
SOLEShares36.80K
TypeSH
Market value$6.78M
1.48%
Sole
36.80K
Shared
0.00
None
0.00
BANK OF NOVA SCOTIA/THE
SOLEShares103.16K
TypeSH
Market value$6.67M
1.46%
Sole
103.16K
Shared
0.00
None
0.00
BECTON DICKINSON & CO
SOLEShares46.79K
TypeSH
Market value$6.64M
1.45%
Sole
46.79K
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares23.61K
TypeSH
Market value$6.59M
1.44%
Sole
23.61K
Shared
0.00
None
0.00
NUTRIEN LTD
SOLEShares109.50K
TypeSH
Market value$6.43M
1.40%
Sole
109.50K
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares10.91K
TypeSH
Market value$6.30M
1.37%
Sole
10.91K
Shared
0.00
None
0.00
TECK RESOURCES LTD
SOLEShares139.91K
TypeSH
Market value$6.14M
1.34%
Sole
139.91K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
CANADIAN NATIONAL RAILWAY COSOLE | COM | 302.14K | SH | $28.48M 6.22% | 302.14K | 0.00 | 0.00 |
SHOPIFY INCSOLE | COM | 101.45K | SH | $15.07M 3.29% | 101.45K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 31.66K | SH | $13.29M 2.90% | 31.66K | 0.00 | 0.00 |
WHEATON PRECIOUS METALS CORPSOLE | COM | 113.23K | SH | $12.67M 2.76% | 113.23K | 0.00 | 0.00 |
ISHARES CORE S&P 500 ETFSOLE | COM | 18.40K | SH | $12.32M 2.69% | 18.40K | 0.00 | 0.00 |
OR ROYALTIES INCSOLE | COM | 292.87K | SH | $11.74M 2.56% | 292.87K | 0.00 | 0.00 |
GILDAN ACTIVEWEAR INCSOLE | COM | 179.23K | SH | $10.35M 2.26% | 179.23K | 0.00 | 0.00 |
ROGERS COMMUNICATIONS INCSOLE | COM | 281.52K | SH | $9.69M 2.11% | 281.52K | 0.00 | 0.00 |
ALPHABET INCSOLE | COM | 47.79K | SH | $9.59M 2.09% | 47.79K | 0.00 | 0.00 |
TSMCSOLE | COM | 36.21K | SH | $8.60M 1.88% | 36.21K | 0.00 | 0.00 |
BROOKFIELD CORPSOLE | COM | 114.78K | SH | $7.87M 1.72% | 114.78K | 0.00 | 0.00 |
VANGUARD S&P 500 ETFSOLE | COM | 12.66K | SH | $7.75M 1.69% | 12.66K | 0.00 | 0.00 |
ISHARES CORE MSCI EAFE ETFSOLE | COM | 88.59K | SH | $7.73M 1.69% | 88.59K | 0.00 | 0.00 |
LIGHTSPEED COMMERCE INCSOLE | COM | 652.06K | SH | $7.53M 1.64% | 652.06K | 0.00 | 0.00 |
COLLIERS INTERNATIONAL GROUP ISOLE | COM | 46.85K | SH | $7.32M 1.60% | 46.85K | 0.00 | 0.00 |
PEMBINA PIPELINE CORPSOLE | COM | 180.72K | SH | $7.30M 1.59% | 180.72K | 0.00 | 0.00 |
RESTAURANT BRANDS INTERNATIONASOLE | COM | 111.22K | SH | $7.13M 1.56% | 111.22K | 0.00 | 0.00 |
AMAZON.COM INCSOLE | COM | 38.97K | SH | $6.89M 1.50% | 38.97K | 0.00 | 0.00 |
SALESFORCE INCSOLE | COM | 36.80K | SH | $6.78M 1.48% | 36.80K | 0.00 | 0.00 |
BANK OF NOVA SCOTIA/THESOLE | COM | 103.16K | SH | $6.67M 1.46% | 103.16K | 0.00 | 0.00 |
BECTON DICKINSON & COSOLE | COM | 46.79K | SH | $6.64M 1.45% | 46.79K | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 23.61K | SH | $6.59M 1.44% | 23.61K | 0.00 | 0.00 |
NUTRIEN LTDSOLE | COM | 109.50K | SH | $6.43M 1.40% | 109.50K | 0.00 | 0.00 |
META PLATFORMS INCSOLE | COM | 10.91K | SH | $6.30M 1.37% | 10.91K | 0.00 | 0.00 |
TECK RESOURCES LTDSOLE | COM | 139.91K | SH | $6.14M 1.34% | 139.91K | 0.00 | 0.00 |
Page 1 of 9
…