LOUISBOURG INVESTMENTS INC.
CIK 0002053050
Annualised vol
7.805179%
Beta
0.350828
HHI
158.177933
Top-10 weight
27.659214%
VaR 95%
0.734616%
VaR 99%
1.405819%
Max drawdown
11.793199%
Matched value
78.248313%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| CNI | REDUCED | 251,810 | 287,395 | -12.38% | 29,992,148 |
| SHOP | ADDED | 153,670 | 123,616 | 24.31% | 17,547,146 |
| GOOGL | REDUCED | 51,496 | 57,413 | -10.31% | 15,563,054 |
| TECK | ADDED | 247,135 | 175,850 | 40.54% | 14,690,706 |
| SU | ADDED | 238,093 | 82,220 | 189.58% | 12,784,304 |
| MSFT | REDUCED | 41,327 | 42,820 | -3.49% | 12,432,563 |
| CVE | ADDED | 491,348 | 225,180 | 118.2% | 12,167,865 |
| AMZN | ADDED | 49,875 | 49,421 | 0.92% | 9,508,395 |
| AVGO | REDUCED | 28,622 | 29,346 | -2.47% | 9,005,635 |
| BB | NEW | 679,400 | - | - | 8,563,022 |
| CRM | ADDED | 68,166 | 54,137 | 25.91% | 8,443,695 |
| GIL | REDUCED | 153,538 | 155,548 | -1.29% | 7,900,562 |
| NTR | ADDED | 123,328 | 72,059 | 71.15% | 7,754,649 |
| META | ADDED | 17,224 | 14,892 | 15.66% | 7,743,532 |
| TMUS | ADDED | 56,392 | 44,318 | 27.24% | 7,360,127 |
| WPM | REDUCED | 65,229 | 85,578 | -23.78% | 7,323,459 |
| MDA | ADDED | 172,125 | 6,875 | 2403.64% | 7,098,188 |
| CNQ | ADDED | 176,650 | 132,989 | 32.83% | 6,976,494 |
| STN | ADDED | 101,252 | 78,568 | 28.87% | 6,970,071 |
| BRK-B | ADDED | 1,366 | 1,360 | 0.44% | 6,670,330 |
| PBA | ADDED | 141,477 | 129,498 | 9.25% | 6,533,231 |
| BGSI | NEW | 68,068 | - | - | 6,432,689 |
| LSPD | REDUCED | 577,980 | 672,764 | -14.09% | 6,040,115 |
| BSX | ADDED | 182,953 | 84,087 | 117.58% | 5,950,089 |
| OTIS | ADDED | 103,067 | 83,707 | 23.13% | 5,810,942 |
| BDX | ADDED | 48,315 | 46,164 | 4.66% | 5,639,359 |
| CSGP | ADDED | 256,336 | 175,086 | 46.41% | 5,497,709 |
| FNV | REDUCED | 26,363 | 29,832 | -11.63% | 5,490,220 |
| BNS | REDUCED | 62,704 | 89,518 | -29.95% | 5,439,495 |
| J | ADDED | 53,328 | 41,937 | 27.16% | 5,429,276 |
| OR | REDUCED | 169,447 | 221,772 | -23.59% | 5,355,288 |
| RY | REDUCED | 25,705 | 26,227 | -1.99% | 5,312,487 |
| HBM | REDUCED | 220,100 | 285,900 | -23.02% | 5,187,297 |
| AG | ADDED | 304,700 | 279,600 | 8.98% | 5,163,389 |
| MEOH | ADDED | 108,820 | 20 | 544000.0% | 5,016,748 |
| WTW | ADDED | 24,991 | 22,466 | 11.24% | 5,011,129 |
| ABT | ADDED | 67,648 | 59,288 | 14.1% | 4,714,895 |
| TD | REDUCED | 37,773 | 47,254 | -20.06% | 4,583,797 |
| DIS | REDUCED | 58,773 | 59,204 | -0.73% | 4,515,035 |
| FSV | ADDED | 31,490 | 30,387 | 3.63% | 4,469,098 |
| RCI | ADDED | 131,920 | 126,901 | 3.96% | 4,283,454 |
| CBRE | ADDED | 38,605 | 26,241 | 47.12% | 4,223,680 |
| CTSH | ADDED | 137,159 | 78,029 | 75.78% | 4,143,945 |
| COP | ADDED | 50,778 | 44,113 | 15.11% | 4,045,608 |
| DLTR | REDUCED | 41,416 | 41,631 | -0.52% | 3,991,440 |
| A | REDUCED | 36,056 | 46,369 | -22.24% | 3,963,720 |
| GFR | ADDED | 661,980 | 411,980 | 60.68% | 3,736,157 |
| GIB | REDUCED | 57,105 | 78,812 | -27.54% | 3,683,895 |
| ELE | ADDED | 209,002 | 117,375 | 78.06% | 3,656,432 |
| URI | REDUCED | 3,689 | 8,706 | -57.63% | 3,634,821 |
| KKR | REDUCED | 47,424 | 56,845 | -16.57% | 3,395,482 |
| V | ADDED | 12,869 | 12,724 | 1.14% | 3,364,598 |
| TTEK | ADDED | 147,261 | 119,970 | 22.75% | 3,360,648 |
| SAP | ADDED | 21,680 | 17,680 | 22.62% | 3,341,105 |
| ALLE | ADDED | 28,811 | 24,139 | 19.35% | 3,231,430 |
| DG | ADDED | 35,364 | 30,014 | 17.83% | 3,069,330 |
| NFLX | ADDED | 52,363 | 43,101 | 21.49% | 3,012,681 |
| DCBO | ADDED | 160,037 | 94,572 | 69.22% | 2,857,240 |
| ULTA | ADDED | 6,754 | 5,455 | 23.81% | 2,334,970 |
| JNJ | REDUCED | 9,986 | 21,016 | -52.48% | 2,333,137 |
| UNP | REDUCED | 9,551 | 18,022 | -47.0% | 2,303,251 |
| COST | UNCHANGED | 2,200 | 2,200 | 0.0% | 2,058,034 |
| SUNB | REDUCED | 27,187 | 32,587 | -16.57% | 1,946,848 |
| WMT | UNCHANGED | 17,000 | 17,000 | 0.0% | 1,925,420 |
| ENTG | REDUCED | 10,203 | 28,329 | -63.98% | 1,430,502 |
| HD | UNCHANGED | 4,000 | 4,000 | 0.0% | 1,410,720 |
| SHEL | UNCHANGED | 14,490 | 14,490 | 0.0% | 1,123,555 |
| CNP | REDUCED | 32,334 | 46,713 | -30.78% | 1,109,682 |
| BHP | UNCHANGED | 12,680 | 12,680 | 0.0% | 1,056,371 |
| RIO | UNCHANGED | 11,080 | 11,080 | 0.0% | 1,051,824 |
| MUFG | UNCHANGED | 52,032 | 52,032 | 0.0% | 1,034,916 |
| ENB | ADDED | 18,783 | 17,958 | 4.59% | 1,016,608 |
| ACN | REDUCED | 9,264 | 12,456 | -25.63% | 914,425 |
| ROST | REDUCED | 4,677 | 6,092 | -23.23% | 892,773 |
| NVDA | REDUCED | 4,275 | 4,305 | -0.7% | 855,385 |
| TRP | ADDED | 11,092 | 10,975 | 1.07% | 733,118 |
| TTE | UNCHANGED | 8,240 | 8,240 | 0.0% | 640,742 |
| AAPL | UNCHANGED | 2,640 | 2,640 | 0.0% | 635,317 |
| AMGN | UNCHANGED | 1,700 | 1,700 | 0.0% | 615,604 |
| GS | ADDED | 764 | 758 | 0.79% | 576,723 |
| KLAC | ADDED | 1,820 | 290 | 527.59% | 522,296 |
| BP | UNCHANGED | 13,280 | 13,280 | 0.0% | 490,696 |
| MFC | ADDED | 11,672 | 11,565 | 0.93% | 472,465 |
| ABBV | UNCHANGED | 1,395 | 1,395 | 0.0% | 351,038 |
| SLF | REDUCED | 4,386 | 5,105 | -14.08% | 343,688 |
| EMA | UNCHANGED | 6,400 | 6,400 | 0.0% | 338,826 |
| B | REDUCED | 8,145 | 9,145 | -10.93% | 298,917 |
| SNA | REDUCED | 550 | 590 | -6.78% | 221,320 |
| ANET | REDUCED | 1,230 | 1,295 | -5.02% | 208,952 |
| GEHC | ADDED | 3,110 | 2,540 | 22.44% | 199,071 |
| ASML | REDUCED | 100 | 300 | -66.67% | 198,944 |
| CSCO | REDUCED | 1,650 | 3,048 | -45.87% | 193,809 |
| MA | ADDED | 374 | 114 | 228.07% | 192,086 |
| IVZ | REDUCED | 7,250 | 8,675 | -16.43% | 191,327 |
| NKE | UNCHANGED | 4,500 | 4,500 | 0.0% | 184,725 |
| UHS | ADDED | 1,225 | 1,195 | 2.51% | 182,145 |
| COF | ADDED | 905 | 870 | 4.02% | 181,561 |
| DOW | NEW | 5,825 | - | - | 159,372 |
| FOXA | REDUCED | 3,000 | 3,150 | -4.76% | 156,480 |
| KR | REDUCED | 2,810 | 3,000 | -6.33% | 156,039 |
| AEM | ADDED | 970 | 800 | 21.25% | 150,422 |
| PAYX | ADDED | 1,465 | 1,200 | 22.08% | 144,053 |
| RTX | UNCHANGED | 635 | 635 | 0.0% | 120,479 |
| CBOE | REDUCED | 461 | 521 | -11.52% | 111,871 |
| DUK | UNCHANGED | 800 | 800 | 0.0% | 101,264 |
| CME | ADDED | 455 | 401 | 13.47% | 100,478 |
| MCK | UNCHANGED | 124 | 124 | 0.0% | 93,694 |
| CVX | UNCHANGED | 500 | 500 | 0.0% | 82,880 |
| COR | REDUCED | 263 | 386 | -31.87% | 74,424 |
| ORLY | ADDED | 740 | 391 | 89.26% | 68,147 |
| MO | REDUCED | 874 | 1,439 | -39.26% | 62,884 |
| TU | ADDED | 4,639 | 3,939 | 17.77% | 48,969 |
| SOBO | UNCHANGED | 1,195 | 1,195 | 0.0% | 42,014 |
| RSG | ADDED | 187 | 93 | 101.08% | 39,846 |
| NEM | UNCHANGED | 305 | 305 | 0.0% | 28,487 |
| RPRX | NEW | 502 | - | - | 28,147 |
| ADP | ADDED | 119 | 76 | 56.58% | 26,650 |
| LIN | UNCHANGED | 50 | 50 | 0.0% | 25,947 |
| YUM | UNCHANGED | 158 | 158 | 0.0% | 25,258 |
| DGX | NEW | 117 | - | - | 24,798 |
| VRSK | ADDED | 138 | 103 | 33.98% | 24,775 |
| CL | UNCHANGED | 264 | 264 | 0.0% | 24,204 |
| GD | NEW | 68 | - | - | 24,088 |
| MSI | UNCHANGED | 58 | 58 | 0.0% | 24,087 |
| CB | NEW | 70 | - | - | 23,852 |
| L | NEW | 210 | - | - | 23,774 |
| ROP | ADDED | 66 | 47 | 40.43% | 22,334 |
| WM | UNCHANGED | 99 | 99 | 0.0% | 22,065 |
| VICI | NEW | 831 | - | - | 22,063 |
| PAAS | ADDED | 480 | 200 | 140.0% | 21,477 |
| PG | UNCHANGED | 137 | 137 | 0.0% | 20,090 |
| AZO | UNCHANGED | 6 | 6 | 0.0% | 19,176 |
| LMT | REDUCED | 37 | 191 | -80.63% | 18,850 |
| WCN | REDUCED | 105 | 240 | -56.25% | 17,467 |
| INTC | ADDED | 115 | 110 | 4.55% | 13,782 |
| OVV | REDUCED | 257 | 347 | -25.94% | 13,508 |
| TSLA | ADDED | 29 | 22 | 31.82% | 12,197 |
| IAU | UNCHANGED | 140 | 140 | 0.0% | 10,570 |
| CCJ | UNCHANGED | 100 | 100 | 0.0% | 10,173 |
| RGLD | UNCHANGED | 50 | 50 | 0.0% | 9,980 |
| SOUN | UNCHANGED | 1,000 | 1,000 | 0.0% | 6,470 |
| NVTS | UNCHANGED | 300 | 300 | 0.0% | 5,376 |
| OGI | UNCHANGED | 5,000 | 5,000 | 0.0% | 5,084 |
| CRSP | UNCHANGED | 80 | 80 | 0.0% | 4,363 |
| TEM | UNCHANGED | 70 | 70 | 0.0% | 4,055 |
| NTLA | UNCHANGED | 200 | 200 | 0.0% | 3,384 |
| WRN | UNCHANGED | 1,500 | 1,500 | 0.0% | 3,357 |
| RXRX | REDUCED | 670 | 1,170 | -42.74% | 2,459 |
| OTEX | UNCHANGED | 110 | 110 | 0.0% | 2,430 |
| PFE | REDUCED | 100 | 1,700 | -94.12% | 2,408 |
| BCE | UNCHANGED | 87 | 87 | 0.0% | 1,870 |
| MARA | UNCHANGED | 115 | 115 | 0.0% | 1,597 |
| GLXY | UNCHANGED | 50 | 50 | 0.0% | 962 |
| BIPC | UNCHANGED | 12 | 12 | 0.0% | 462 |
| PYPL | UNCHANGED | 5 | 5 | 0.0% | 216 |
| VTRS | UNCHANGED | 12 | 12 | 0.0% | 191 |
| AMTM | UNCHANGED | 5 | 5 | 0.0% | 103 |
| WYNN | UNCHANGED | 1 | 1 | 0.0% | 97 |
| NIO | UNCHANGED | 16 | 16 | 0.0% | 81 |
| EMBC | UNCHANGED | 17 | 17 | 0.0% | 55 |
| MGM | UNCHANGED | 1 | 1 | 0.0% | 48 |
| ACB | UNCHANGED | 2 | 2 | 0.0% | 6 |
| TLRY | UNCHANGED | 1 | 1 | 0.0% | 4 |
| CGC | UNCHANGED | 2 | 2 | 0.0% | 2 |
| EQX | CLOSED OUT | 0 | 375,900 | -100.0% | 0 |
| IAG | CLOSED OUT | 0 | 318,300 | -100.0% | 0 |
| CDE | CLOSED OUT | 0 | 292,481 | -100.0% | 0 |
| SSRM | CLOSED OUT | 0 | 225,400 | -100.0% | 0 |
| KGC | CLOSED OUT | 0 | 196,100 | -100.0% | 0 |
| TAP | CLOSED OUT | 0 | 3,690 | -100.0% | 0 |
| IMO | CLOSED OUT | 0 | 2,580 | -100.0% | 0 |
| LDOS | CLOSED OUT | 0 | 955 | -100.0% | 0 |
| WDC | CLOSED OUT | 0 | 925 | -100.0% | 0 |
| ACHR | CLOSED OUT | 0 | 745 | -100.0% | 0 |
| KO | CLOSED OUT | 0 | 332 | -100.0% | 0 |
| ECL | CLOSED OUT | 0 | 86 | -100.0% | 0 |
| CRCL | CLOSED OUT | 0 | 81 | -100.0% | 0 |
| DFTX | CLOSED OUT | 0 | 52 | -100.0% | 0 |
| HOOD | CLOSED OUT | 0 | 28 | -100.0% | 0 |
| COIN | CLOSED OUT | 0 | 23 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| CNI | REDUCED | CANADIAN NATIONAL RAILWAY CO | COM | 136375102 | 29,992,148 | 5.53 | 251810.0 |
| SHOP | ADDED | SHOPIFY INC | COM | 82509L107 | 17,547,146 | 3.24 | 153670.0 |
| TECK | ADDED | TECK RESOURCES LTD | COM | 878742204 | 14,690,706 | 2.71 | 247135.0 |
| GOOGL | REDUCED | ALPHABET INC | COM | 02079K107 | 13,306,262 | 2.45 | 45181.0 |
| - | ISHARES CORE S&P 500 ETF | COM | 464287200 | 12,918,353 | 2.38 | 17250.0 | |
| SU | ADDED | SUNCOR ENERGY INC | COM | 867224107 | 12,784,304 | 2.36 | 238093.0 |
| - | TSMC | COM | 874039100 | 12,610,957 | 2.33 | 30530.0 | |
| MSFT | REDUCED | MICROSOFT CORP | COM | 594918104 | 12,432,563 | 2.29 | 41327.0 |
| CVE | ADDED | CENOVUS ENERGY INC | COM | 15135U109 | 12,167,865 | 2.24 | 491348.0 |
| - | BROOKFIELD CORP | COM | 11271J107 | 11,478,909 | 2.12 | 269568.0 | |
| - | VANGUARD S&P 500 ETF | COM | 922908363 | 9,854,645 | 1.82 | 14348.0 | |
| - | ISHARES CORE MSCI EAFE ETF | COM | 46432F842 | 9,514,166 | 1.76 | 98511.0 | |
| AMZN | ADDED | AMAZON.COM INC | COM | 023135106 | 9,508,395 | 1.75 | 49875.0 |
| AVGO | REDUCED | BROADCOM INC | COM | 11135F101 | 9,005,635 | 1.66 | 28622.0 |
| BB | NEW | BLACKBERRY LTD | COM | 09228F103 | 8,563,022 | 1.58 | 679400.0 |
| CRM | ADDED | SALESFORCE INC | COM | 79466L302 | 8,443,695 | 1.56 | 68166.0 |
| - | COLLIERS INTERNATIONAL GROUP I | COM | 194693107 | 8,141,999 | 1.5 | 86932.0 | |
| GIL | REDUCED | GILDAN ACTIVEWEAR INC | COM | 375916103 | 7,900,562 | 1.46 | 153538.0 |
| NTR | ADDED | NUTRIEN LTD | COM | 67077M108 | 7,754,649 | 1.43 | 123328.0 |
| META | ADDED | META PLATFORMS INC | COM | 30303M102 | 7,743,532 | 1.43 | 17224.0 |
| TMUS | ADDED | T-MOBILE US INC | COM | 872590104 | 7,360,127 | 1.36 | 56392.0 |
| WPM | REDUCED | WHEATON PRECIOUS METALS CORP | COM | 962879102 | 7,323,459 | 1.35 | 65229.0 |
| - | THOMSON REUTERS CORP | COM | 884903881 | 7,290,719 | 1.35 | 89435.0 | |
| MDA | ADDED | MDA SPACE LTD | COM | 55293N109 | 7,098,188 | 1.31 | 172125.0 |
| CNQ | ADDED | CANADIAN NATURAL RESOURCES LTD | COM | 136385101 | 6,976,494 | 1.29 | 176650.0 |
| STN | ADDED | STANTEC INC | COM | 85472N109 | 6,970,071 | 1.29 | 101252.0 |
| PBA | ADDED | PEMBINA PIPELINE CORP | COM | 706327103 | 6,533,231 | 1.21 | 141477.0 |
| BGSI | NEW | BOYD GROUP SERVICES INC | COM | 103310108 | 6,432,689 | 1.19 | 68068.0 |
| LSPD | REDUCED | LIGHTSPEED COMMERCE INC | COM | 53229C107 | 6,040,115 | 1.11 | 577980.0 |
| BRK-B | ADDED | BERKSHIRE HATHAWAY INC | COM | 084670108 | 5,990,800 | 1.11 | 8.0 |
| BSX | ADDED | BOSTON SCIENTIFIC CORP | COM | 101137107 | 5,950,089 | 1.1 | 182953.0 |
| OTIS | ADDED | OTIS WORLDWIDE CORP | COM | 68902V107 | 5,810,942 | 1.07 | 103067.0 |
| - | DESCARTES SYSTEMS GROUP INC/TH | COM | 249906108 | 5,752,504 | 1.06 | 83216.0 | |
| BDX | ADDED | BECTON DICKINSON & CO | COM | 075887109 | 5,639,359 | 1.04 | 48315.0 |
| CSGP | ADDED | COSTAR GROUP INC | COM | 22160N109 | 5,497,709 | 1.01 | 256336.0 |
| FNV | REDUCED | FRANCO-NEVADA CORP | COM | 351858105 | 5,490,220 | 1.01 | 26363.0 |
| BNS | REDUCED | BANK OF NOVA SCOTIA/THE | COM | 064149107 | 5,439,495 | 1.0 | 62704.0 |
| J | ADDED | JACOBS SOLUTIONS INC | COM | 46982L108 | 5,429,276 | 1.0 | 53328.0 |
| OR | REDUCED | OR ROYALTIES INC | COM | 68390D106 | 5,355,288 | 0.99 | 169447.0 |
| RY | REDUCED | ROYAL BANK OF CANADA | COM | 780087102 | 5,312,487 | 0.98 | 25705.0 |
| - | RESTAURANT BRANDS INTERNATIONA | COM | 76131D103 | 5,207,206 | 0.96 | 71930.0 | |
| HBM | REDUCED | HUDBAY MINERALS INC | COM | 443628102 | 5,187,297 | 0.96 | 220100.0 |
| AG | ADDED | FIRST MAJESTIC SILVER CORP | COM | 32076V103 | 5,163,389 | 0.95 | 304700.0 |
| MEOH | ADDED | METHANEX CORP | COM | 59151K108 | 5,016,748 | 0.93 | 108820.0 |
| WTW | ADDED | WILLIS TOWERS WATSON PLC | COM | G96629103 | 5,011,129 | 0.92 | 24991.0 |
| ABT | ADDED | ABBOTT LABORATORIES | COM | 002824100 | 4,714,895 | 0.87 | 67648.0 |
| - | VANGUARD FTSE EMERGING MARKETS | COM | 922042858 | 4,612,612 | 0.85 | 77276.0 | |
| TD | REDUCED | TORONTO-DOMINION BANK/THE | COM | 891160509 | 4,583,797 | 0.85 | 37773.0 |
| DIS | REDUCED | WALT DISNEY CO/THE | COM | 254687106 | 4,515,035 | 0.83 | 58773.0 |
| FSV | ADDED | FIRSTSERVICE CORP | COM | 33767E202 | 4,469,098 | 0.82 | 31490.0 |
| RCI | ADDED | ROGERS COMMUNICATIONS INC | COM | 775109200 | 4,283,454 | 0.79 | 131920.0 |
| CBRE | ADDED | CBRE GROUP INC | COM | 12504L109 | 4,223,680 | 0.78 | 38605.0 |
| CTSH | ADDED | COGNIZANT TECHNOLOGY SOLUTIONS | COM | 192446102 | 4,143,945 | 0.76 | 137159.0 |
| COP | ADDED | CONOCOPHILLIPS | COM | 20825C104 | 4,045,608 | 0.75 | 50778.0 |
| DLTR | REDUCED | DOLLAR TREE INC | COM | 256746108 | 3,991,440 | 0.74 | 41416.0 |
| A | REDUCED | AGILENT TECHNOLOGIES INC | COM | 00846U101 | 3,963,720 | 0.73 | 36056.0 |
| GFR | ADDED | GREENFIRE RESOURCES LTD | COM | 39525U107 | 3,736,157 | 0.69 | 661980.0 |
| GIB | REDUCED | CGI INC | COM | 12532H104 | 3,683,895 | 0.68 | 57105.0 |
| ELE | ADDED | ELEMENTAL ROYALTY CORP | COM | 28620K106 | 3,656,432 | 0.67 | 209002.0 |
| URI | REDUCED | UNITED RENTALS INC | COM | 911363109 | 3,634,821 | 0.67 | 3689.0 |
| KKR | REDUCED | KKR & CO INC | COM | 48251W104 | 3,395,482 | 0.63 | 47424.0 |
| V | ADDED | VISA INC | COM | 92826C839 | 3,364,598 | 0.62 | 12869.0 |
| TTEK | ADDED | TETRA TECH INC | COM | 88162G103 | 3,360,648 | 0.62 | 147261.0 |
| SAP | ADDED | SAP SE | COM | 803054204 | 3,341,105 | 0.62 | 21680.0 |
| - | BANK OF NEW YORK MELLON CORP/T | COM | 064058100 | 3,246,380 | 0.6 | 29885.0 | |
| ALLE | ADDED | ALLEGION PLC | COM | G0176J109 | 3,231,430 | 0.6 | 28811.0 |
| - | ATS CORP | COM | 00217Y104 | 3,196,292 | 0.59 | 111104.0 | |
| - | MARSH & MCLENNAN COS INC | COM | 571748BC5 | 3,193,836 | 0.59 | 25536.0 | |
| - | DANAHER CORP | COM | 235851102 | 3,111,414 | 0.57 | 21855.0 | |
| DG | ADDED | DOLLAR GENERAL CORP | COM | 256677105 | 3,069,330 | 0.57 | 35364.0 |
| NFLX | ADDED | NETFLIX INC | COM | 64110L106 | 3,012,681 | 0.56 | 52363.0 |
| DCBO | ADDED | DOCEBO INC | COM | 25609L105 | 2,857,240 | 0.53 | 160037.0 |
| - | METALLA ROYALTY & STREAMING LT | COM | 59124U605 | 2,698,199 | 0.5 | 355342.0 | |
| - | MCDONALD'S CORP | COM | 580135101 | 2,430,706 | 0.45 | 10620.0 | |
| ULTA | ADDED | ULTA BEAUTY INC | COM | 90384S303 | 2,334,970 | 0.43 | 6754.0 |
| JNJ | REDUCED | JOHNSON & JOHNSON | COM | 478160104 | 2,333,137 | 0.43 | 9986.0 |
| UNP | REDUCED | UNION PACIFIC CORP | COM | 907818108 | 2,303,251 | 0.42 | 9551.0 |
| GOOGL | REDUCED | ALPHABET INC | COM | 02079K305 | 2,256,792 | 0.42 | 6315.0 |
| COST | UNCHANGED | COSTCO WHOLESALE CORP | COM | 22160K105 | 2,058,034 | 0.38 | 2200.0 |
| - | WELLS FARGO & CO | COM | 949746101 | 1,988,891 | 0.37 | 32092.0 | |
| SUNB | REDUCED | SUNBELT RENTALS HOLDINGS INC | COM | 866966104 | 1,946,848 | 0.36 | 27187.0 |
| WMT | UNCHANGED | WALMART INC | COM | 931142103 | 1,925,420 | 0.36 | 17000.0 |
| - | CANADIAN PACIFIC KANSAS CITY L | COM | 13646K108 | 1,795,856 | 0.33 | 20754.0 | |
| - | TJX COS INC/THE | COM | 872540109 | 1,642,109 | 0.3 | 10839.0 | |
| - | BANK OF MONTREAL | COM | 063671101 | 1,485,674 | 0.27 | 8422.0 | |
| ENTG | REDUCED | ENTEGRIS INC | COM | 29362U104 | 1,430,502 | 0.26 | 10203.0 |
| HD | UNCHANGED | HOME DEPOT INC/THE | COM | 437076102 | 1,410,720 | 0.26 | 4000.0 |
| - | FORTIS INC/CANADA | COM | 349553107 | 1,393,486 | 0.26 | 24371.0 | |
| - | ISHARES GLOBAL INFRASTRUCTURE | COM | 464288372 | 1,304,294 | 0.24 | 19584.0 | |
| SHEL | UNCHANGED | SHELL PLC | COM | 780259305 | 1,123,555 | 0.21 | 14490.0 |
| CNP | REDUCED | CENTERPOINT ENERGY INC | COM | 15189T107 | 1,109,682 | 0.2 | 32334.0 |
| BHP | UNCHANGED | BHP GROUP LTD | COM | 088606108 | 1,056,371 | 0.19 | 12680.0 |
| - | SUMITOMO MITSUI FINANCIAL GROU | COM | 86562M209 | 1,052,894 | 0.19 | 44652.0 | |
| RIO | UNCHANGED | RIO TINTO PLC | COM | 767204100 | 1,051,824 | 0.19 | 11080.0 |
| MUFG | UNCHANGED | MITSUBISHI UFJ FINANCIAL GROUP | COM | 606822104 | 1,034,916 | 0.19 | 52032.0 |
| ENB | ADDED | ENBRIDGE INC | COM | 29250N105 | 1,016,608 | 0.19 | 18783.0 |
| ACN | REDUCED | ACCENTURE PLC | COM | G1151C101 | 914,425 | 0.17 | 9264.0 |
| ROST | REDUCED | ROSS STORES INC | COM | 778296103 | 892,773 | 0.16 | 4677.0 |
| NVDA | REDUCED | NVIDIA CORP | COM | 67066G104 | 855,385 | 0.16 | 4275.0 |
| TRP | ADDED | TC ENERGY CORP | COM | 87807B107 | 733,118 | 0.14 | 11092.0 |
| - | VANGUARD FTSE DEVELOPED MARKET | COM | 921943858 | 712,500 | 0.13 | 10000.0 | |
| BRK-B | ADDED | BERKSHIRE HATHAWAY INC | COM | 084670702 | 679,530 | 0.13 | 1358.0 |
| TTE | UNCHANGED | TOTALENERGIES SE | COM | F92124100 | 640,742 | 0.12 | 8240.0 |
| AAPL | UNCHANGED | APPLE INC | COM | 037833100 | 635,317 | 0.12 | 2640.0 |
| AMGN | UNCHANGED | AMGEN INC | COM | 031162100 | 615,604 | 0.11 | 1700.0 |
| GS | ADDED | GOLDMAN SACHS GROUP INC/THE | COM | 38141G104 | 576,723 | 0.11 | 764.0 |
| KLAC | ADDED | KLA CORP | COM | 482480100 | 522,296 | 0.1 | 1820.0 |
| BP | UNCHANGED | BP PLC | COM | 055622104 | 490,696 | 0.09 | 13280.0 |
| MFC | ADDED | MANULIFE FINANCIAL CORP | COM | 56501R106 | 472,465 | 0.09 | 11672.0 |
| ABBV | UNCHANGED | ABBVIE INC | COM | 00287Y109 | 351,038 | 0.06 | 1395.0 |
| SLF | REDUCED | SUN LIFE FINANCIAL INC | COM | 866796105 | 343,688 | 0.06 | 4386.0 |
| EMA | UNCHANGED | EMERA INC | COM | 290876101 | 338,826 | 0.06 | 6400.0 |
| B | REDUCED | BARRICK MINING CORP | COM | 06849F108 | 298,917 | 0.06 | 8145.0 |
| - | STATE STREET SPDR S&P 500 ETF | COM | 78462F103 | 274,811 | 0.05 | 368.0 | |
| SNA | REDUCED | SNAP-ON INC | COM | 833034101 | 221,320 | 0.04 | 550.0 |
| ANET | REDUCED | ARISTA NETWORKS INC | COM | 040413205 | 208,952 | 0.04 | 1230.0 |
| GEHC | ADDED | GE HEALTHCARE TECHNOLOGIES INC | COM | 36266G107 | 199,071 | 0.04 | 3110.0 |
| ASML | REDUCED | ASML HOLDING NV | COM | N07059210 | 198,944 | 0.04 | 100.0 |
| CSCO | REDUCED | CISCO SYSTEMS INC | COM | 17275R102 | 193,809 | 0.04 | 1650.0 |
| MA | ADDED | MASTERCARD INC | COM | 57636Q104 | 192,086 | 0.04 | 374.0 |
| IVZ | REDUCED | INVESCO LTD | COM | G491BT108 | 191,327 | 0.04 | 7250.0 |
| - | DEVON ENERGY CORP | COM | 25179M103 | 190,072 | 0.04 | 4600.0 | |
| NKE | UNCHANGED | NIKE INC | COM | 654106103 | 184,725 | 0.03 | 4500.0 |
| UHS | ADDED | UNIVERSAL HEALTH SERVICES INC | COM | 913903100 | 182,145 | 0.03 | 1225.0 |
| COF | ADDED | CAPITAL ONE FINANCIAL CORP | COM | 14040H105 | 181,561 | 0.03 | 905.0 |
| - | BROOKFIELD INFRASTRUCTURE PART | COM | G16252101 | 175,996 | 0.03 | 4828.0 | |
| - | ENTERGY CORP | COM | 29364G103 | 160,804 | 0.03 | 1400.0 | |
| DOW | NEW | DOW INC | COM | 260557103 | 159,372 | 0.03 | 5825.0 |
| FOXA | REDUCED | FOX CORP | COM | 35137L105 | 156,480 | 0.03 | 3000.0 |
| KR | REDUCED | KROGER CO/THE | COM | 501044101 | 156,039 | 0.03 | 2810.0 |
| AEM | ADDED | AGNICO EAGLE MINES LTD | COM | 008474108 | 150,422 | 0.03 | 970.0 |
| PAYX | ADDED | PAYCHEX INC | COM | 704326107 | 144,053 | 0.03 | 1465.0 |
| RTX | UNCHANGED | RTX CORP | COM | 75513E101 | 120,479 | 0.02 | 635.0 |
| CBOE | REDUCED | CBOE GLOBAL MARKETS INC | COM | 12503M108 | 111,871 | 0.02 | 461.0 |
| - | ISHARES MSCI EAFE ETF | COM | 464287465 | 105,958 | 0.02 | 1020.0 | |
| DUK | UNCHANGED | DUKE ENERGY CORP | COM | 26441C204 | 101,264 | 0.02 | 800.0 |
| CME | ADDED | CME GROUP INC | COM | 12572Q105 | 100,478 | 0.02 | 455.0 |
| MCK | UNCHANGED | MCKESSON CORP | COM | 58155Q103 | 93,694 | 0.02 | 124.0 |
| CVX | UNCHANGED | CHEVRON CORP | COM | 166764100 | 82,880 | 0.02 | 500.0 |
| COR | REDUCED | CENCORA INC | COM | 03073E105 | 74,424 | 0.01 | 263.0 |
| - | STATE STREET SPDR S&P DIVIDEND | COM | 78464A763 | 70,003 | 0.01 | 460.0 | |
| ORLY | ADDED | O'REILLY AUTOMOTIVE INC | COM | 67103H107 | 68,147 | 0.01 | 740.0 |
| - | ARK SPACE & DEFENSE INNOVATION | COM | 00214Q807 | 66,495 | 0.01 | 1950.0 | |
| MO | REDUCED | ALTRIA GROUP INC | COM | 02209S103 | 62,884 | 0.01 | 874.0 |
| - | BROOKFIELD ASSET MANAGEMENT LT | COM | 113004105 | 62,680 | 0.01 | 1400.0 | |
| - | STATE STREET HEALTH CARE SELEC | COM | 81369Y209 | 54,738 | 0.01 | 345.0 | |
| TU | ADDED | TELUS CORP | COM | 87971M103 | 48,969 | 0.01 | 4639.0 |
| SOBO | UNCHANGED | SOUTH BOW CORP | COM | 83671M105 | 42,014 | 0.01 | 1195.0 |
| - | INVESCO S&P 500 EQUAL WEIGHT E | COM | 46137V357 | 41,121 | 0.01 | 270.0 | |
| RSG | ADDED | REPUBLIC SERVICES INC | COM | 760759100 | 39,846 | 0.01 | 187.0 |
| NEM | UNCHANGED | NEWMONT CORP | COM | 651639106 | 28,487 | 0.01 | 305.0 |
| RPRX | NEW | ROYALTY PHARMA PLC | COM | G7709Q104 | 28,147 | 0.01 | 502.0 |
| ADP | ADDED | AUTOMATIC DATA PROCESSING INC | COM | 053015103 | 26,650 | 0.0 | 119.0 |
| LIN | UNCHANGED | LINDE PLC | COM | G54950103 | 25,947 | 0.0 | 50.0 |
| YUM | UNCHANGED | YUM! BRANDS INC | COM | 988498101 | 25,258 | 0.0 | 158.0 |
| DGX | NEW | QUEST DIAGNOSTICS INC | COM | 74834L100 | 24,798 | 0.0 | 117.0 |
| VRSK | ADDED | VERISK ANALYTICS INC | COM | 92345Y106 | 24,775 | 0.0 | 138.0 |
| CL | UNCHANGED | COLGATE-PALMOLIVE CO | COM | 194162103 | 24,204 | 0.0 | 264.0 |
| GD | NEW | GENERAL DYNAMICS CORP | COM | 369550108 | 24,088 | 0.0 | 68.0 |
| MSI | UNCHANGED | MOTOROLA SOLUTIONS INC | COM | 620076307 | 24,087 | 0.0 | 58.0 |
| CB | NEW | CHUBB LTD | COM | H1467J104 | 23,852 | 0.0 | 70.0 |
| L | NEW | LOEWS CORP | COM | 540424108 | 23,774 | 0.0 | 210.0 |
| - | VERISIGN INC | COM | 92343E102 | 22,892 | 0.0 | 91.0 | |
| ROP | ADDED | ROPER TECHNOLOGIES INC | COM | 776696106 | 22,334 | 0.0 | 66.0 |
| WM | UNCHANGED | WASTE MANAGEMENT INC | COM | 94106L109 | 22,065 | 0.0 | 99.0 |
| VICI | NEW | VICI PROPERTIES INC | COM | 925652109 | 22,063 | 0.0 | 831.0 |
| PAAS | ADDED | PAN AMERICAN SILVER CORP | COM | 697900108 | 21,477 | 0.0 | 480.0 |
| - | GAMING AND LEISURE PROPERTIES | COM | 36467J108 | 20,706 | 0.0 | 465.0 | |
| PG | UNCHANGED | PROCTER & GAMBLE CO/THE | COM | 742718109 | 20,090 | 0.0 | 137.0 |
| AZO | UNCHANGED | AUTOZONE INC | COM | 053332102 | 19,176 | 0.0 | 6.0 |
| LMT | REDUCED | LOCKHEED MARTIN CORP | COM | 539830109 | 18,850 | 0.0 | 37.0 |
| WCN | REDUCED | WASTE CONNECTIONS INC | COM | 94106B101 | 17,467 | 0.0 | 105.0 |
| INTC | ADDED | INTEL CORP | COM | 458140100 | 13,782 | 0.0 | 115.0 |
| OVV | REDUCED | OVINTIV INC | COM | 69047Q102 | 13,508 | 0.0 | 257.0 |
| TSLA | ADDED | TESLA INC | COM | 88160R101 | 12,197 | 0.0 | 29.0 |
| IAU | UNCHANGED | ISHARES GOLD TRUST | COM | 464285204 | 10,570 | 0.0 | 140.0 |
| CCJ | UNCHANGED | CAMECO CORP | COM | 13321L108 | 10,173 | 0.0 | 100.0 |
| RGLD | UNCHANGED | ROYAL GOLD INC | COM | 780287108 | 9,980 | 0.0 | 50.0 |
| - | APPLIED MATERIALS INC | COM | 038222105 | 7,230 | 0.0 | 10.0 | |
| SOUN | UNCHANGED | SOUNDHOUND AI INC | COM | 836100107 | 6,470 | 0.0 | 1000.0 |
| - | SPACEX | COM | 84615Q103 | 5,980 | 0.0 | 35.0 | |
| NVTS | UNCHANGED | NAVITAS SEMICONDUCTOR CORP | COM | 63942X106 | 5,376 | 0.0 | 300.0 |
| OGI | UNCHANGED | ORGANIGRAM GLOBAL INC | COM | 68617J100 | 5,084 | 0.0 | 5000.0 |
| CRSP | UNCHANGED | CRISPR THERAPEUTICS AG | COM | H17182108 | 4,363 | 0.0 | 80.0 |
| TEM | UNCHANGED | TEMPUS AI INC | COM | 88023B103 | 4,055 | 0.0 | 70.0 |
| NTLA | UNCHANGED | INTELLIA THERAPEUTICS INC | COM | 45826J105 | 3,384 | 0.0 | 200.0 |
| WRN | UNCHANGED | WESTERN COPPER & GOLD CORP | COM | 95805V108 | 3,357 | 0.0 | 1500.0 |
| - | VERTEX PHARMACEUTICALS INC | COM | 92532F100 | 2,980 | 0.0 | 6.0 | |
| - | GOLDMAN SACHS ACTIVEBETA US SM | COM | 381430602 | 2,738 | 0.0 | 30.0 | |
| RXRX | REDUCED | RECURSION PHARMACEUTICALS INC | COM | 75629V104 | 2,459 | 0.0 | 670.0 |
| OTEX | UNCHANGED | OPEN TEXT CORP | COM | 683715106 | 2,430 | 0.0 | 110.0 |
| PFE | REDUCED | PFIZER INC | COM | 717081103 | 2,408 | 0.0 | 100.0 |
| - | BROOKFIELD WEALTH SOLUTIONS LT | COM | G17434104 | 2,297 | 0.0 | 54.0 | |
| - | WATERS CORP | COM | 941848103 | 2,250 | 0.0 | 6.0 | |
| BCE | UNCHANGED | BCE INC | COM | 05534B760 | 1,870 | 0.0 | 87.0 |
| MARA | UNCHANGED | MARA HOLDINGS INC | COM | 565788106 | 1,597 | 0.0 | 115.0 |
| - | PACIFIC BIOSCIENCES OF CALIFOR | COM | 69404D108 | 1,512 | 0.0 | 900.0 | |
| - | WESTINGHOUSE AIR BRAKE TECHNOL | COM | 929740108 | 1,078 | 0.0 | 4.0 | |
| GLXY | UNCHANGED | GALAXY DIGITAL INC | COM | 36317J209 | 962 | 0.0 | 50.0 |
| BIPC | UNCHANGED | BROOKFIELD INFRASTRUCTURE CORP | COM | 11276H106 | 462 | 0.0 | 12.0 |
| PYPL | UNCHANGED | PAYPAL HOLDINGS INC | COM | 70450Y103 | 216 | 0.0 | 5.0 |
| VTRS | UNCHANGED | VIATRIS INC | COM | 92556V106 | 191 | 0.0 | 12.0 |
| AMTM | UNCHANGED | AMENTUM HOLDINGS INC | COM | 023939101 | 103 | 0.0 | 5.0 |
| WYNN | UNCHANGED | WYNN RESORTS LTD | COM | 983134107 | 97 | 0.0 | 1.0 |
| NIO | UNCHANGED | NIO INC | COM | 62914V106 | 81 | 0.0 | 16.0 |
| EMBC | UNCHANGED | EMBECTA CORP | COM | 29082K105 | 55 | 0.0 | 17.0 |
| MGM | UNCHANGED | MGM RESORTS INTERNATIONAL | COM | 552953101 | 48 | 0.0 | 1.0 |
| ACB | UNCHANGED | AURORA CANNABIS INC | COM | 05156X850 | 6 | 0.0 | 2.0 |
| TLRY | UNCHANGED | TILRAY BRANDS INC | COM | 88688T209 | 4 | 0.0 | 1.0 |
| CGC | UNCHANGED | CANOPY GROWTH CORP | COM | 138035704 | 2 | 0.0 | 2.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-07-23 | 542,058,827 | 210 | 7.805179 | 0.350828 | 11.793199 |
| 2026-03-31 | 2026-04-22 | 528,818,288 | 216 | 8.362778 | 0.363095 | 11.797223 |
| 2025-12-31 | 2026-01-16 | 501,890,532 | 213 | 8.062721 | 0.364732 | 12.189528 |
| 2025-09-30 | 2025-10-09 | 458,236,158 | 208 | 7.930844 | 0.359322 | 12.065189 |
| 2025-03-31 | 2025-04-17 | 367,986,205 | 180 | 7.812589 | 0.360818 | 12.610511 |
| 2024-12-31 | 2025-01-29 | 380,962,831 | 169 | 6.805308 | 0.302344 | 10.527201 |
| 2024-09-30 | 2025-01-29 | 395,411,248 | 174 | 6.749482 | 0.294552 | 10.160087 |
| 2024-06-30 | 2025-01-29 | 356,930,681 | 170 | 6.717699 | 0.295781 | 10.260585 |
| 2024-03-31 | 2025-01-29 | 359,721,800 | 165 | 6.328759 | 0.282725 | 9.400472 |
| 2023-12-31 | 2025-01-29 | 331,234,678 | 166 | 6.462481 | 0.287783 | 9.423576 |