Louisbourg Investments
DIEPPE, A3files as LOUISBOURG INVESTMENTS INC.
$542m in 210 US stocks at the end of 30 June 2026. The top 10 are 27.7% of the money. It changed about 14.3% of the portfolio this quarter.
Value
$542m
Stocks
210
Top 10 share
27.7%
Turnover
14.3%
What changed this quarter
New
Bought for the first time this quarter.
- BlackberryBB1.6% of the fund
- Thomson Reuters Corp /canTRI1.3% of the fund
- Devon EnergyDVN<0.1% of the fund
- DOWDOW<0.1% of the fund
- ARK ETF TRARKX<0.1% of the fund
- Royalty PharmaRPRX<0.1% of the fund
- Quest DiagnosticsDGX<0.1% of the fund
- General DynamicsGD<0.1% of the fund
- ChubbCB<0.1% of the fund
- LoewsL<0.1% of the fund
- Vici PropertiesVICI<0.1% of the fund
- Space Exploration TechnologiesSPCX<0.1% of the fund
Added
Bought more of a stock they already held.
- ShopifySHOP3.2% of the fund+24%
- Teck ResourcesTECK2.7% of the fund+41%
- Suncor EnergySU2.4% of the fund+190%
- Cenovus EnergyCVE2.2% of the fund+118%
- Vanguard Index FDSVOO1.8% of the fund+3%
- Ishares TRIEFA1.8% of the fund+3%
- SalesforceCRM1.6% of the fund+26%
- Colliers International GroupCIGI1.5% of the fund+15%
- NutrienNTR1.4% of the fund+71%
- Meta PlatformsMETA1.4% of the fund+16%
- T-Mobile USTMUS1.4% of the fund+27%
- MDA SpaceMDA1.3% of the fund+2404%
- Canadian Natural ResourcesCNQ1.3% of the fund+33%
- StantecSTN1.3% of the fund+29%
- Pembina PipelinePBA1.2% of the fund+9%
- Boyd Group ServicesBGSI1.2% of the fund+33%
- Boston ScientificBSX1.1% of the fund+118%
- Otis WorldwideOTIS1.1% of the fund+23%
- Descartes Systems GroupDSGX1.1% of the fund+4%
- Becton DickinsonBDX1.0% of the fund+5%
- Costar GroupCSGP1.0% of the fund+46%
- Jacobs SolutionsJ1.0% of the fund+27%
- Restaurant Brands InternationalQSR1.0% of the fund+20%
- First Majestic SilverAG1.0% of the fund+9%
- MethanexMEOH0.9% of the fund+544000%
Cut
Sold some of their stake.
- Canadian National RailwayCNI5.5% of the fund-12%
- AlphabetGOOG2.5% of the fund-12%
- Ishares TRIVV2.4% of the fund-6%
- Taiwan Semiconductor ManufacturingTSM2.3% of the fund-19%
- MicrosoftMSFT2.3% of the fund-3%
- BroadcomAVGO1.7% of the fund-2%
- Wheaton Precious MetalsWPM1.4% of the fund-24%
- Lightspeed CommerceLSPD1.1% of the fund-14%
- Franco NevadaFNV1.0% of the fund-12%
- Bank of Nova ScotiaBNS1.0% of the fund-30%
- OR RoyaltiesOR1.0% of the fund-24%
- Hudbay MineralsHBM1.0% of the fund-23%
- Toronto Dominion BankTD0.8% of the fund-20%
- Agilent TechnologiesA0.7% of the fund-22%
- CGIGIB0.7% of the fund-28%
- United RentalsURI0.7% of the fund-58%
- KKRKKR0.6% of the fund-17%
- Bank of New York MellonBNY0.6% of the fund-22%
- Johnson & JohnsonJNJ0.4% of the fund-52%
- Union PacificUNP0.4% of the fund-47%
- Sunbelt Rentals HoldingsSUNB0.4% of the fund-17%
- EntegrisENTG0.3% of the fund-64%
- Centerpoint EnergyCNP0.2% of the fund-31%
- AccentureACN0.2% of the fund-26%
- Ross StoresROST0.2% of the fund-23%
Sold out
Sold their entire stake.
- SSR MiningSSRM-100%
- Thomson Reuters-100%
- Energy FuelsUUUU-100%
- Kinross GoldKGC-100%
- IamgoldIAG-100%
- Coeur MiningCDE-100%
- Equinox GoldEQX-100%
- Imperial OilIMO-100%
- Western DigitalWDC-100%
- Molson Coors BeverageTAP-100%
- Leidos HoldingsLDOS-100%
- Coca-ColaKO-100%
- EcolabECL-100%
- Circle Internet GroupCRCL-100%
- Coinbase GlobalCOIN-100%
- Archer AviationACHR-100%
- Robinhood MarketsHOOD-100%
- Definium TherapeuticsDFTX-100%
Holdings
- Canadian National RailwayCNI
- Share
- 5.5%
- Value
- $30m
- Shares
- 251,810
-12%
- Teck ResourcesTECK
- Share
- 2.7%
- Value
- $15m
- Shares
- 247,135
+41%
- Ishares TRIVV
- Share
- 2.4%
- Value
- $13m
- Shares
- 17,250
-6%
- Suncor EnergySU
- Share
- 2.4%
- Value
- $13m
- Shares
- 238,093
+190%
- Cenovus EnergyCVE
- Share
- 2.2%
- Value
- $12m
- Shares
- 491,348
+118%
- BrookfieldBN
- Share
- 2.1%
- Value
- $11m
- Shares
- 269,568
Held
- Vanguard Index FDSVOO
- Share
- 1.8%
- Value
- $10m
- Shares
- 14,348
+3%
- Ishares TRIEFA
- Share
- 1.8%
- Value
- $10m
- Shares
- 98,511
+3%
- Colliers International GroupCIGI
- Share
- 1.5%
- Value
- $8m
- Shares
- 86,932
+15%
- Gildan ActivewearGIL
- Share
- 1.5%
- Value
- $8m
- Shares
- 153,538
Held
- NutrienNTR
- Share
- 1.4%
- Value
- $8m
- Shares
- 123,328
+71%
- Wheaton Precious MetalsWPM
- Share
- 1.4%
- Value
- $7m
- Shares
- 65,229
-24%
- Thomson Reuters Corp /canTRI
- Share
- 1.3%
- Value
- $7m
- Shares
- 89,435
New
- MDA SpaceMDA
- Share
- 1.3%
- Value
- $7m
- Shares
- 172,125
+2404%
- Canadian Natural ResourcesCNQ
- Share
- 1.3%
- Value
- $7m
- Shares
- 176,650
+33%
- StantecSTN
- Share
- 1.3%
- Value
- $7m
- Shares
- 101,252
+29%
- Pembina PipelinePBA
- Share
- 1.2%
- Value
- $7m
- Shares
- 141,477
+9%
- Boyd Group ServicesBGSI
- Share
- 1.2%
- Value
- $6m
- Shares
- 68,068
+33%
- Lightspeed CommerceLSPD
- Share
- 1.1%
- Value
- $6m
- Shares
- 577,980
-14%
- Berkshire Hathaway INC DELBRK-A
- Share
- 1.1%
- Value
- $6m
- Shares
- 8
Held
- Descartes Systems GroupDSGX
- Share
- 1.1%
- Value
- $6m
- Shares
- 83,216
+4%
- Franco NevadaFNV
- Share
- 1.0%
- Value
- $5m
- Shares
- 26,363
-12%
- Bank of Nova ScotiaBNS
- Share
- 1.0%
- Value
- $5m
- Shares
- 62,704
-30%
- OR RoyaltiesOR
- Share
- 1.0%
- Value
- $5m
- Shares
- 169,447
-24%
- Royal Bank of CanadaRY
- Share
- 1.0%
- Value
- $5m
- Shares
- 25,705
Held
- Hudbay MineralsHBM
- Share
- 1.0%
- Value
- $5m
- Shares
- 220,100
-23%
- First Majestic SilverAG
- Share
- 1.0%
- Value
- $5m
- Shares
- 304,700
+9%
- MethanexMEOH
- Share
- 0.9%
- Value
- $5m
- Shares
- 108,820
+544000%
- Vanguard Intl Equity Index FVWO
- Share
- 0.9%
- Value
- $5m
- Shares
- 77,276
+3%
- Toronto Dominion BankTD
- Share
- 0.8%
- Value
- $5m
- Shares
- 37,773
-20%
- FirstServiceFSV
- Share
- 0.8%
- Value
- $4m
- Shares
- 31,490
+4%
- Rogers CommunicationsRCI
- Share
- 0.8%
- Value
- $4m
- Shares
- 131,920
+4%
- Greenfire ResourcesGFR
- Share
- 0.7%
- Value
- $4m
- Shares
- 661,980
+61%
- CGIGIB
- Share
- 0.7%
- Value
- $4m
- Shares
- 57,105
-28%
- Elemental RoyaltyELE
- Share
- 0.7%
- Value
- $4m
- Shares
- 209,002
+78%
- ATS Corp /ATSATS
- Share
- 0.6%
- Value
- $3m
- Shares
- 111,104
+31%
- Marsh & Mclennan COS
- Share
- 0.6%
- Value
- $3m
- Shares
- 25,536
Held
- DoceboDCBO
- Share
- 0.5%
- Value
- $3m
- Shares
- 160,037
+69%
- Metalla Royalty & StreamingMTA
- Share
- 0.5%
- Value
- $3m
- Shares
- 355,342
Held
- Bank of Montreal /canBMO
- Share
- 0.3%
- Value
- $1m
- Shares
- 8,422
Held
- FortisFTS
- Share
- 0.3%
- Value
- $1m
- Shares
- 24,371
+28%
- Ishares TRIGF
- Share
- 0.2%
- Value
- $1m
- Shares
- 19,584
+3%
- ShellSHEL
- Share
- 0.2%
- Value
- $1m
- Shares
- 14,490
Held
- BHP Billiton LimitedBHP
- Share
- 0.2%
- Value
- $1m
- Shares
- 12,680
Held
- Sumitomo Mitsui FIN GRPSMFG
- Share
- 0.2%
- Value
- $1m
- Shares
- 44,652
Held
- TC EnergyTRP
- Share
- 0.1%
- Value
- $733,118
- Shares
- 11,092
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Canadian National RailwayCNI | 5.5% | $30m | 251,810 | -12% |
| ShopifySHOP | 3.2% | $18m | 153,670 | +24% |
| Teck ResourcesTECK | 2.7% | $15m | 247,135 | +41% |
| AlphabetGOOG | 2.5% | $13m | 45,181 | -12% |
| Ishares TRIVV | 2.4% | $13m | 17,250 | -6% |
| Suncor EnergySU | 2.4% | $13m | 238,093 | +190% |
| Taiwan Semiconductor ManufacturingTSM | 2.3% | $13m | 30,530 | -19% |
| MicrosoftMSFT | 2.3% | $12m | 41,327 | -3% |
| Cenovus EnergyCVE | 2.2% | $12m | 491,348 | +118% |
| BrookfieldBN | 2.1% | $11m | 269,568 | Held |
| Vanguard Index FDSVOO | 1.8% | $10m | 14,348 | +3% |
| Ishares TRIEFA | 1.8% | $10m | 98,511 | +3% |
| Amazon.comAMZN | 1.8% | $10m | 49,875 | Held |
| BroadcomAVGO | 1.7% | $9m | 28,622 | -2% |
| BlackberryBB | 1.6% | $9m | 679,400 | New |
| SalesforceCRM | 1.6% | $8m | 68,166 | +26% |
| Colliers International GroupCIGI | 1.5% | $8m | 86,932 | +15% |
| Gildan ActivewearGIL | 1.5% | $8m | 153,538 | Held |
| NutrienNTR | 1.4% | $8m | 123,328 | +71% |
| Meta PlatformsMETA | 1.4% | $8m | 17,224 | +16% |
| T-Mobile USTMUS | 1.4% | $7m | 56,392 | +27% |
| Wheaton Precious MetalsWPM | 1.4% | $7m | 65,229 | -24% |
| Thomson Reuters Corp /canTRI | 1.3% | $7m | 89,435 | New |
| MDA SpaceMDA | 1.3% | $7m | 172,125 | +2404% |
| Canadian Natural ResourcesCNQ | 1.3% | $7m | 176,650 | +33% |
| StantecSTN | 1.3% | $7m | 101,252 | +29% |
| Pembina PipelinePBA | 1.2% | $7m | 141,477 | +9% |
| Boyd Group ServicesBGSI | 1.2% | $6m | 68,068 | +33% |
| Lightspeed CommerceLSPD | 1.1% | $6m | 577,980 | -14% |
| Berkshire Hathaway INC DELBRK-A | 1.1% | $6m | 8 | Held |
| Boston ScientificBSX | 1.1% | $6m | 182,953 | +118% |
| Otis WorldwideOTIS | 1.1% | $6m | 103,067 | +23% |
| Descartes Systems GroupDSGX | 1.1% | $6m | 83,216 | +4% |
| Becton DickinsonBDX | 1.0% | $6m | 48,315 | +5% |
| Costar GroupCSGP | 1.0% | $5m | 256,336 | +46% |
| Franco NevadaFNV | 1.0% | $5m | 26,363 | -12% |
| Bank of Nova ScotiaBNS | 1.0% | $5m | 62,704 | -30% |
| Jacobs SolutionsJ | 1.0% | $5m | 53,328 | +27% |
| OR RoyaltiesOR | 1.0% | $5m | 169,447 | -24% |
| Royal Bank of CanadaRY | 1.0% | $5m | 25,705 | Held |
| Restaurant Brands InternationalQSR | 1.0% | $5m | 71,930 | +20% |
| Hudbay MineralsHBM | 1.0% | $5m | 220,100 | -23% |
| First Majestic SilverAG | 1.0% | $5m | 304,700 | +9% |
| MethanexMEOH | 0.9% | $5m | 108,820 | +544000% |
| Willis Towers WatsonWTW | 0.9% | $5m | 24,991 | +11% |
| Abbott LaboratoriesABT | 0.9% | $5m | 67,648 | +14% |
| Vanguard Intl Equity Index FVWO | 0.9% | $5m | 77,276 | +3% |
| Toronto Dominion BankTD | 0.8% | $5m | 37,773 | -20% |
| Walt DisneyDIS | 0.8% | $5m | 58,773 | Held |
| FirstServiceFSV | 0.8% | $4m | 31,490 | +4% |
| Rogers CommunicationsRCI | 0.8% | $4m | 131,920 | +4% |
| Cbre GroupCBRE | 0.8% | $4m | 38,605 | +47% |
| Cognizant Technology SolutionsCTSH | 0.8% | $4m | 137,159 | +76% |
| ConocoPhillipsCOP | 0.7% | $4m | 50,778 | +15% |
| Dollar TreeDLTR | 0.7% | $4m | 41,416 | Held |
| Agilent TechnologiesA | 0.7% | $4m | 36,056 | -22% |
| Greenfire ResourcesGFR | 0.7% | $4m | 661,980 | +61% |
| CGIGIB | 0.7% | $4m | 57,105 | -28% |
| Elemental RoyaltyELE | 0.7% | $4m | 209,002 | +78% |
| United RentalsURI | 0.7% | $4m | 3,689 | -58% |
| KKRKKR | 0.6% | $3m | 47,424 | -17% |
| VisaV | 0.6% | $3m | 12,869 | Held |
| Tetra TechTTEK | 0.6% | $3m | 147,261 | +23% |
| SAP SESAP | 0.6% | $3m | 21,680 | +23% |
| Bank of New York MellonBNY | 0.6% | $3m | 29,885 | -22% |
| AllegionALLE | 0.6% | $3m | 28,811 | +19% |
| ATS Corp /ATSATS | 0.6% | $3m | 111,104 | +31% |
| Marsh & Mclennan COS | 0.6% | $3m | 25,536 | Held |
| DanaherDHR | 0.6% | $3m | 21,855 | +14% |
| Dollar GeneralDG | 0.6% | $3m | 35,364 | +18% |
| NetflixNFLX | 0.6% | $3m | 52,363 | +21% |
| DoceboDCBO | 0.5% | $3m | 160,037 | +69% |
| Metalla Royalty & StreamingMTA | 0.5% | $3m | 355,342 | Held |
| McDonald'sMCD | 0.4% | $2m | 10,620 | Held |
| Ulta BeautyULTA | 0.4% | $2m | 6,754 | +24% |
| Johnson & JohnsonJNJ | 0.4% | $2m | 9,986 | -52% |
| Union PacificUNP | 0.4% | $2m | 9,551 | -47% |
| AlphabetGOOGL | 0.4% | $2m | 6,315 | Held |
| Costco WholesaleCOST | 0.4% | $2m | 2,200 | Held |
| Wells Fargo & CompanyWFC | 0.4% | $2m | 32,092 | Held |
| Sunbelt Rentals HoldingsSUNB | 0.4% | $2m | 27,187 | -17% |
| WalmartWMT | 0.4% | $2m | 17,000 | Held |
| Canadian Pacific Kansas CityCP | 0.3% | $2m | 20,754 | Held |
| TJX CompaniesTJX | 0.3% | $2m | 10,839 | Held |
| Bank of Montreal /canBMO | 0.3% | $1m | 8,422 | Held |
| EntegrisENTG | 0.3% | $1m | 10,203 | -64% |
| Home DepotHD | 0.3% | $1m | 4,000 | Held |
| FortisFTS | 0.3% | $1m | 24,371 | +28% |
| Ishares TRIGF | 0.2% | $1m | 19,584 | +3% |
| ShellSHEL | 0.2% | $1m | 14,490 | Held |
| Centerpoint EnergyCNP | 0.2% | $1m | 32,334 | -31% |
| BHP Billiton LimitedBHP | 0.2% | $1m | 12,680 | Held |
| Sumitomo Mitsui FIN GRPSMFG | 0.2% | $1m | 44,652 | Held |
| Rio TintoRIO | 0.2% | $1m | 11,080 | Held |
| Mitsubishi UFJ Financial GroupMUFG | 0.2% | $1m | 52,032 | Held |
| EnbridgeENB | 0.2% | $1m | 18,783 | +5% |
| AccentureACN | 0.2% | $914,425 | 9,264 | -26% |
| Ross StoresROST | 0.2% | $892,773 | 4,677 | -23% |
| NvidiaNVDA | 0.2% | $855,385 | 4,275 | Held |
| TC EnergyTRP | 0.1% | $733,118 | 11,092 | Held |
Showing the largest 100 of 210.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 27.7% since 30 June 2025.
Where the money is
Technology18.0%
Industrials14.3%
Materials11.8%
Media & telecom9.2%
Energy9.0%
Retail & consumer7.0%
Financial services7.0%
Real estate6.2%
Health care5.0%
Everyday goods2.1%
Utilities0.7%
Other9.6%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.