Manitou Investment Management
TORONTO, A6files as Manitou Investment Management Ltd.
$538m in 48 US stocks at the end of 30 June 2026. The top 10 are 90.5% of the money. It changed about 12.1% of the portfolio this quarter.
Value
$538m
Stocks
48
Top 10 share
90.5%
Turnover
12.1%
What changed this quarter
New
Bought for the first time this quarter.
- Entrepreneurshares Series TRXOVR<0.1% of the fund
Added
Bought more of a stock they already held.
- MicrosoftMSFT10.8% of the fund+24%
- StrykerSYK6.9% of the fund+41%
- Meta PlatformsMETA4.4% of the fund+9%
- Edwards LifesciencesEW3.2% of the fund+3%
- CRH PublicCRH3.1% of the fund+907%
- BrookfieldBN1.0% of the fund+49%
- VisaV0.5% of the fund+111%
- DanaherDHR0.4% of the fund+76%
Cut
Sold some of their stake.
- MastercardMA6.3% of the fund-4%
- JPMorgan ChaseJPM2.6% of the fund-6%
- Roper TechnologiesROP0.7% of the fund-90%
- AppleAAPL0.4% of the fund-85%
- AlphabetGOOG<0.1% of the fund-24%
- LindeLIN<0.1% of the fund-13%
- CME GroupCME<0.1% of the fund-90%
- FrmoFRMO<0.1% of the fund-57%
- Novo Nordisk A SNVO<0.1% of the fund-45%
Sold out
Sold their entire stake.
- Markel GroupMKL-100%
- Honeywell InternationalHON-100%
- L'Oreal SALRLCY-100%
- WatscoWSO-100%
- lululemon athleticaLULU-100%
Holdings
- BrookfieldBN
- Share
- 1.0%
- Value
- $5m
- Shares
- 126,445
+49%
- Berkshire Hathaway INC DELBRK-A
- Share
- 0.6%
- Value
- $3m
- Shares
- 4
Held
- South BowSOBO
- Share
- <0.1%
- Value
- $59,908
- Shares
- 1,700
Held
- FrmoFRMO
- Share
- <0.1%
- Value
- $33,750
- Shares
- 5,000
-57%
- Nestle SA ADRNSRGY
- Share
- <0.1%
- Value
- $21,565
- Shares
- 210
Held
- Entrepreneurshares Series TRXOVR
- Share
- <0.1%
- Value
- $5,789
- Shares
- 275
New
- Transtel SA Common
- Share
- <0.1%
- Value
- $33
- Shares
- 33
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Berkshire HathawayBRK-B | 15.7% | $85m | 169,256 | Held |
| AlphabetGOOGL | 15.5% | $84m | 233,923 | Held |
| Amazon.comAMZN | 12.5% | $67m | 282,939 | Held |
| MicrosoftMSFT | 10.8% | $58m | 155,364 | +24% |
| AmphenolAPH | 8.2% | $44m | 251,122 | Held |
| StrykerSYK | 6.9% | $37m | 117,276 | +41% |
| Idexx LaboratoriesIDXX | 6.8% | $37m | 69,979 | Held |
| MastercardMA | 6.3% | $34m | 66,380 | -4% |
| Meta PlatformsMETA | 4.4% | $24m | 42,384 | +9% |
| Edwards LifesciencesEW | 3.2% | $17m | 189,563 | +3% |
| CRH PublicCRH | 3.1% | $16m | 153,577 | +907% |
| JPMorgan ChaseJPM | 2.6% | $14m | 41,996 | -6% |
| BrookfieldBN | 1.0% | $5m | 126,445 | +49% |
| Roper TechnologiesROP | 0.7% | $4m | 11,835 | -90% |
| Berkshire Hathaway INC DELBRK-A | 0.6% | $3m | 4 | Held |
| VisaV | 0.5% | $3m | 8,412 | +111% |
| AppleAAPL | 0.4% | $2m | 7,322 | -85% |
| DanaherDHR | 0.4% | $2m | 10,049 | +76% |
| Costco WholesaleCOST | <0.1% | $201,126 | 215 | Held |
| AlphabetGOOG | <0.1% | $155,465 | 440 | -24% |
| Johnson & JohnsonJNJ | <0.1% | $106,667 | 420 | Held |
| APAAPA | <0.1% | $101,944 | 3,130 | Held |
| Wells Fargo & CompanyWFC | <0.1% | $100,821 | 1,220 | Held |
| Bank of AmericaBAC | <0.1% | $98,290 | 1,725 | Held |
| US BancorpUSB | <0.1% | $91,204 | 1,510 | Held |
| International Business MachinesIBM | <0.1% | $78,739 | 280 | Held |
| LindeLIN | <0.1% | $71,095 | 137 | -13% |
| CaterpillarCAT | <0.1% | $69,218 | 65 | Held |
| WelltowerWELL | <0.1% | $61,282 | 270 | Held |
| South BowSOBO | <0.1% | $59,908 | 1,700 | Held |
| CME GroupCME | <0.1% | $50,791 | 230 | -90% |
| Eli LillyLLY | <0.1% | $47,977 | 40 | Held |
| 3MMMM | <0.1% | $46,954 | 290 | Held |
| TJX CompaniesTJX | <0.1% | $42,117 | 278 | Held |
| FastenalFAST | <0.1% | $37,656 | 784 | Held |
| FrmoFRMO | <0.1% | $33,750 | 5,000 | -57% |
| Novo Nordisk A SNVO | <0.1% | $30,825 | 643 | -45% |
| WalmartWMT | <0.1% | $28,881 | 255 | Held |
| WhirlpoolWHR | <0.1% | $22,036 | 559 | Held |
| Nestle SA ADRNSRGY | <0.1% | $21,565 | 210 | Held |
| Dentsply SironaXRAY | <0.1% | $15,395 | 1,451 | Held |
| Public StoragePSA | <0.1% | $8,594 | 27 | Held |
| Entrepreneurshares Series TRXOVR | <0.1% | $5,789 | 275 | New |
| PENN EntertainmentPENN | <0.1% | $2,542 | 119 | Held |
| BlockXYZ | <0.1% | $2,204 | 29 | Held |
| Sportradar Group AGSRAD | <0.1% | $1,871 | 125 | Held |
| Coinbase GlobalCOIN | <0.1% | $1,754 | 12 | Held |
| Transtel SA Common | <0.1% | $33 | 33 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 2.3% since 30 June 2025.
Where the money is
Financial services25.2%
Technology20.2%
Media & telecom20.0%
Health care17.3%
Retail & consumer12.5%
Materials3.1%
Real estate1.0%
Everyday goods0.0%
Energy0.0%
Industrials0.0%
Other0.6%
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.