Filed: 1/16/2026ACC: 0002053050-26-000001
📋 What this filing means
LOUISBOURG INVESTMENTS INC. filed this quarterly 13F‑HR report disclosing 213 equity positions with a total reported market value of $501.89M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
213
Positions
$501.89M
Total AUM (reported)
8.44M
Total Shares
Allocation by class
COM$501.89M100.0%
Portfolio Concentration
Top 3$55.06M11.0%
4–10$72.08M14.4%
11–25$113.11M22.5%
Rest$261.64M52.1%
Top 3 weight
11.0%
Top 10 weight
25.3%
Voting Authority Distribution
Total shares with voting rights: 8.44M
Sole
Full voting authority
8.44M
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)
Sole213
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings213
Rows:
CANADIAN NATIONAL RAILWAY CO
SOLEShares289.95K
TypeSH
Market value$28.72M
5.72%
Sole
289.95K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares33.25K
TypeSH
Market value$13.29M
2.65%
Sole
33.25K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares49.68K
TypeSH
Market value$13.06M
2.60%
Sole
49.68K
Shared
0.00
None
0.00
ISHARES CORE S&P 500 ETF
SOLEShares17.88K
TypeSH
Market value$12.25M
2.44%
Sole
17.88K
Shared
0.00
None
0.00
WHEATON PRECIOUS METALS CORP
SOLEShares91.77K
TypeSH
Market value$10.80M
2.15%
Sole
91.77K
Shared
0.00
None
0.00
SHOPIFY INC
SOLEShares66.87K
TypeSH
Market value$10.78M
2.15%
Sole
66.87K
Shared
0.00
None
0.00
TSMC
SOLEShares40.37K
TypeSH
Market value$10.54M
2.10%
Sole
40.37K
Shared
0.00
None
0.00
ROGERS COMMUNICATIONS INC
SOLEShares261.83K
TypeSH
Market value$9.90M
1.97%
Sole
261.83K
Shared
0.00
None
0.00
GILDAN ACTIVEWEAR INC
SOLEShares146K
TypeSH
Market value$9.14M
1.82%
Sole
146K
Shared
0.00
None
0.00
PEMBINA PIPELINE CORP
SOLEShares227.34K
TypeSH
Market value$8.67M
1.73%
Sole
227.34K
Shared
0.00
None
0.00
VANGUARD S&P 500 ETF
SOLEShares13.24K
TypeSH
Market value$8.30M
1.65%
Sole
13.24K
Shared
0.00
None
0.00
SALESFORCE INC
SOLEShares39.20K
TypeSH
Market value$8.29M
1.65%
Sole
39.20K
Shared
0.00
None
0.00
AMAZON.COM INC
SOLEShares43.30K
TypeSH
Market value$8.16M
1.63%
Sole
43.30K
Shared
0.00
None
0.00
ISHARES CORE MSCI EAFE ETF
SOLEShares91.06K
TypeSH
Market value$8.15M
1.62%
Sole
91.06K
Shared
0.00
None
0.00
LIGHTSPEED COMMERCE INC
SOLEShares646.23K
TypeSH
Market value$7.81M
1.56%
Sole
646.23K
Shared
0.00
None
0.00
OR ROYALTIES INC
SOLEShares219.27K
TypeSH
Market value$7.78M
1.55%
Sole
219.27K
Shared
0.00
None
0.00
BROOKFIELD CORP
SOLEShares167.15K
TypeSH
Market value$7.69M
1.53%
Sole
167.15K
Shared
0.00
None
0.00
TECK RESOURCES LTD
SOLEShares159.46K
TypeSH
Market value$7.65M
1.52%
Sole
159.46K
Shared
0.00
None
0.00
COLLIERS INTERNATIONAL GROUP I
SOLEShares51.77K
TypeSH
Market value$7.62M
1.52%
Sole
51.77K
Shared
0.00
None
0.00
BOYD GROUP INC
SOLEShares46.46K
TypeSH
Market value$7.27M
1.45%
Sole
46.46K
Shared
0.00
None
0.00
BECTON DICKINSON & CO
SOLEShares46.81K
TypeSH
Market value$7.21M
1.44%
Sole
46.81K
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares13.55K
TypeSH
Market value$7.18M
1.43%
Sole
13.55K
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares23.05K
TypeSH
Market value$6.89M
1.37%
Sole
23.05K
Shared
0.00
None
0.00
T-MOBILE US INC
SOLEShares41.92K
TypeSH
Market value$6.81M
1.36%
Sole
41.92K
Shared
0.00
None
0.00
DESCARTES SYSTEMS GROUP INC/TH
SOLEShares71.86K
TypeSH
Market value$6.31M
1.26%
Sole
71.86K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
CANADIAN NATIONAL RAILWAY COSOLE | COM | 289.95K | SH | $28.72M 5.72% | 289.95K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 33.25K | SH | $13.29M 2.65% | 33.25K | 0.00 | 0.00 |
ALPHABET INCSOLE | COM | 49.68K | SH | $13.06M 2.60% | 49.68K | 0.00 | 0.00 |
ISHARES CORE S&P 500 ETFSOLE | COM | 17.88K | SH | $12.25M 2.44% | 17.88K | 0.00 | 0.00 |
WHEATON PRECIOUS METALS CORPSOLE | COM | 91.77K | SH | $10.80M 2.15% | 91.77K | 0.00 | 0.00 |
SHOPIFY INCSOLE | COM | 66.87K | SH | $10.78M 2.15% | 66.87K | 0.00 | 0.00 |
TSMCSOLE | COM | 40.37K | SH | $10.54M 2.10% | 40.37K | 0.00 | 0.00 |
ROGERS COMMUNICATIONS INCSOLE | COM | 261.83K | SH | $9.90M 1.97% | 261.83K | 0.00 | 0.00 |
GILDAN ACTIVEWEAR INCSOLE | COM | 146K | SH | $9.14M 1.82% | 146K | 0.00 | 0.00 |
PEMBINA PIPELINE CORPSOLE | COM | 227.34K | SH | $8.67M 1.73% | 227.34K | 0.00 | 0.00 |
VANGUARD S&P 500 ETFSOLE | COM | 13.24K | SH | $8.30M 1.65% | 13.24K | 0.00 | 0.00 |
SALESFORCE INCSOLE | COM | 39.20K | SH | $8.29M 1.65% | 39.20K | 0.00 | 0.00 |
AMAZON.COM INCSOLE | COM | 43.30K | SH | $8.16M 1.63% | 43.30K | 0.00 | 0.00 |
ISHARES CORE MSCI EAFE ETFSOLE | COM | 91.06K | SH | $8.15M 1.62% | 91.06K | 0.00 | 0.00 |
LIGHTSPEED COMMERCE INCSOLE | COM | 646.23K | SH | $7.81M 1.56% | 646.23K | 0.00 | 0.00 |
OR ROYALTIES INCSOLE | COM | 219.27K | SH | $7.78M 1.55% | 219.27K | 0.00 | 0.00 |
BROOKFIELD CORPSOLE | COM | 167.15K | SH | $7.69M 1.53% | 167.15K | 0.00 | 0.00 |
TECK RESOURCES LTDSOLE | COM | 159.46K | SH | $7.65M 1.52% | 159.46K | 0.00 | 0.00 |
COLLIERS INTERNATIONAL GROUP ISOLE | COM | 51.77K | SH | $7.62M 1.52% | 51.77K | 0.00 | 0.00 |
BOYD GROUP INCSOLE | COM | 46.46K | SH | $7.27M 1.45% | 46.46K | 0.00 | 0.00 |
BECTON DICKINSON & COSOLE | COM | 46.81K | SH | $7.21M 1.44% | 46.81K | 0.00 | 0.00 |
META PLATFORMS INCSOLE | COM | 13.55K | SH | $7.18M 1.43% | 13.55K | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 23.05K | SH | $6.89M 1.37% | 23.05K | 0.00 | 0.00 |
T-MOBILE US INCSOLE | COM | 41.92K | SH | $6.81M 1.36% | 41.92K | 0.00 | 0.00 |
DESCARTES SYSTEMS GROUP INC/THSOLE | COM | 71.86K | SH | $6.31M 1.26% | 71.86K | 0.00 | 0.00 |
Page 1 of 9
…