13F HOLDINGS REPORT
LOUISBOURG INVESTMENTS INC.
Quarter ended Q4 2024 · Filed January 29, 2025 · Accession 0002053050-25-000001
Total Value
$331.2M
Positions
166
Other Managers
0
Confidential Omitted
No
Holdings (166)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | CANADIAN NATIONAL RAILWAY COMPANY | 136375102 | 230,554 | $29.1M | 8.79% |
| 2 | BLACKROCK FUND ADVISORS | 464287200 | 30,410 | $13.5M | 4.08% |
| 3 | ROYAL BANK OF CANADA | 780087102 | 100,318 | $10.2M | 3.08% |
| 4 | TORONTO-DOMINION BANK | TORO | 145,372 | $9.4M | 2.85% |
| 5 | MICROSOFT CORPORATION | MSFT | 28,959 | $9.3M | 2.81% |
| 6 | BANK OF NOVA SCOTIA | 064149107 | 180,036 | $8.8M | 2.66% |
| 7 | SHOPIFY INC - CLASS A | SHOP | 105,451 | $8.2M | 2.49% |
| 8 | LIGHTSPEED COMMERCE INC | LSPD | 382,104 | $8.1M | 2.43% |
| 9 | BROOKFIELD CORP | 11271J107 | 173,498 | $7.0M | 2.11% |
| 10 | GOOGLE INC. | GOOG | 57,643 | $6.8M | 2.06% |
| 11 | SANDSTORM GOLD LTD. | 80013R206 | 1,314,685 | $6.6M | 2.00% |
| 12 | Colliers International Group | 194693107 | 48,935 | $6.2M | 1.88% |
| 13 | TECK RESOURCES LTD. | TCKRF | 125,226 | $5.3M | 1.61% |
| 14 | DOLLAR TREE, INC. | DLTR | 41,603 | $5.1M | 1.55% |
| 15 | BECTON, DICKINSON AND COMPANY | BDX | 25,350 | $5.1M | 1.55% |
| 16 | CANADIAN NATURAL RESOURCES LIMITED | 136385101 | 75,050 | $4.9M | 1.49% |
| 17 | T-MOBILE US INC | TMUSZ | 36,960 | $4.9M | 1.48% |
| 18 | BERKSHIRE HATHAWAY INC. | BRK-A | 9 | $4.9M | 1.47% |
| 19 | JOHNSON & JOHNSON | JNJ | 36,501 | $4.8M | 1.45% |
| 20 | SALESFORCE.COM, INC. | CRM | 21,709 | $4.7M | 1.43% |
| 21 | OPEN TEXT CORPORATION | OTEX | 109,409 | $4.6M | 1.40% |
| 22 | JACOB SOLUTIONS INC | J | 42,341 | $4.6M | 1.38% |
| 23 | META PLATFORMS INC | META | 15,402 | $4.5M | 1.37% |
| 24 | NUTRIEN LTD. | NTR | 77,521 | $4.4M | 1.32% |
| 25 | STANTEC INC. | STN | 53,816 | $4.3M | 1.31% |
| 26 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD. | 874039100 | 46,835 | $4.3M | 1.30% |
| 27 | ROGERS COMMUNICATIONS, INC. | RCIAF | 90,155 | $4.2M | 1.28% |
| 28 | SUNCOR ENERGY, INC. | SU | 125,968 | $4.1M | 1.22% |
| 29 | AGILENT TECHNOLOGIES, INC. | A | 34,737 | $4.1M | 1.22% |
| 30 | LEIDOS HOLDINGS INC | LDOS | 44,395 | $4.0M | 1.20% |
| 31 | Willis Tower Watson PLC | WTW | 19,707 | $3.8M | 1.14% |
| 32 | NUVEI CORP | NU | 142,317 | $3.8M | 1.13% |
| 33 | WHEATON PRECIOUS METALS CORP. | WPM | 74,367 | $3.7M | 1.11% |
| 34 | CONOCOPHILLIPS | COP | 37,110 | $3.6M | 1.08% |
| 35 | COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION | CTSH | 55,028 | $3.5M | 1.06% |
| 36 | RESTAURANT BRANDS INTERNATIONA | 76131D103 | 44,282 | $3.5M | 1.05% |
| 37 | ABBOTT LABORATORIES | ABLZF | 37,446 | $3.4M | 1.03% |
| 38 | BLACKROCK FUND ADVISORS | 46432F842 | 48,244 | $3.4M | 1.02% |
| 39 | BROADCOM INC. | AVGO | 3,370 | $3.4M | 1.01% |
| 40 | VANGUARD GROUP | 922908363 | 7,630 | $3.3M | 1.01% |
| 41 | AMAZON.COM, INC. | AMZN | 24,461 | $3.3M | 0.99% |
| 42 | THE WALT DISNEY COMPANY | 254687106 | 41,684 | $3.2M | 0.96% |
| 43 | OSISKO GOLD ROYALTIES LTD. | 68827L101 | 221,664 | $3.2M | 0.96% |
| 44 | CENTERPOINT ENERGY, INC. | CNP | 142,180 | $3.2M | 0.96% |
| 45 | CANADIAN PACIFIC RAILWAY LIMITED | CP | 38,538 | $3.1M | 0.93% |
| 46 | VISA INC. | V | 14,118 | $3.1M | 0.92% |
| 47 | ORACLE CORPORATION | ORCL-PD | 28,585 | $2.7M | 0.82% |
| 48 | UNITED TECHNOLOGIES CORPORATION | OTIS | 35,588 | $2.7M | 0.81% |
| 49 | KKR & CO INC | KKRT | 37,522 | $2.6M | 0.77% |
| 50 | NEXGEN ENERGY LTD | NXE | 352,000 | $2.5M | 0.75% |
| 51 | THOMSON REUTERS CORPORATION | TMSOF | 16,719 | $2.5M | 0.74% |
| 52 | NETFLIX INC. | NFLX | 5,551 | $2.4M | 0.73% |
| 53 | DOLLAR GENERAL CORP. | 256677105 | 22,606 | $2.4M | 0.73% |
| 54 | UNION PACIFIC CORPORATION | UNP | 11,590 | $2.4M | 0.72% |
| 55 | KINROSS GOLD CORPORATION | KGCRF | 385,900 | $2.3M | 0.71% |
| 56 | ELDORADO GOLD CORPORATION | 284902509 | 172,800 | $2.3M | 0.68% |
| 57 | CELESTICA INC. | CLS | 75,500 | $2.2M | 0.67% |
| 58 | CAMECO CORPORATION | CCJ | 44,600 | $1.9M | 0.58% |
| 59 | DIAGEO PLC | DGEAF | 12,568 | $1.8M | 0.55% |
| 60 | BANK OF NEW YORK MELLON CORPORATION | 064058100 | 44,377 | $1.8M | 0.55% |
| 61 | FORTIS, INC. | FTRSF | 41,658 | $1.7M | 0.52% |
| 62 | MCDONALD'S CORPORATION | MCD | 6,045 | $1.7M | 0.52% |
| 63 | HOME DEPOT, INC. (THE) | HD | 4,784 | $1.7M | 0.50% |
| 64 | BOSTON SCIENTIFIC . COM | BSX | 35,310 | $1.6M | 0.49% |
| 65 | COSTCO WHOLESALE CORPORATION | 22160K105 | 2,388 | $1.6M | 0.48% |
| 66 | THE VANGUARD GROUP INC. | 922042858 | 36,961 | $1.5M | 0.46% |
| 67 | SAP SE | SAPGF | 8,130 | $1.3M | 0.38% |
| 68 | TJX COMPANIES, INC. | 872540109 | 13,200 | $1.2M | 0.37% |
| 69 | WAL-MART STORES, INC. | WMT | 7,750 | $1.2M | 0.37% |
| 70 | ROYAL DUTCH SHELL PLC | RYDAF | 18,290 | $1.2M | 0.36% |
| 71 | GOOGLE INC. | GOOG | 8,365 | $1.2M | 0.35% |
| 72 | WELLS FARGO & COMPANY | 949746101 | 29,322 | $1.1M | 0.34% |
| 73 | APPLE INC. | AAPL | 6,860 | $1.1M | 0.33% |
| 74 | ROSS STORES, INC. | ROST | 10,001 | $1.1M | 0.33% |
| 75 | JPMORGAN CHASE & CO. | 46641Q217 | 20,000 | $1.1M | 0.32% |
| 76 | CGI INC. | GIB | 9,647 | $1.0M | 0.31% |
| 77 | GOLDMAN SACHS GROUP, INC. | GSCE | 3,363 | $1.0M | 0.30% |
| 78 | TYSON FOODS INC | TSN | 22,585 | $935,618 | 0.28% |
| 79 | DOCEBO INC | DCBO | 19,200 | $931,752 | 0.28% |
| 80 | BANK OF MONTREAL | 063671101 | 8,428 | $838,006 | 0.25% |
| 81 | BHP BILLITON LIMITED | BHPLF | 11,080 | $756,875 | 0.23% |
| 82 | RIO TINTO PLC | RTNTF | 9,680 | $720,773 | 0.22% |
| 83 | AMGEN INC. | AMGN | 2,500 | $720,050 | 0.22% |
| 84 | MARSH & MCLENNAN COMPANIES, INC. | 571748102 | 4,924 | $718,152 | 0.22% |
| 85 | HSBC HOLDINGS PLC | HBCYF | 17,430 | $706,612 | 0.21% |
| 86 | BP PLC | BPPFF | 19,680 | $696,672 | 0.21% |
| 87 | STATE STREET CORPORATION | SPY | 1,165 | $553,736 | 0.17% |
| 88 | BCE INC. | BCPPF | 13,575 | $537,091 | 0.16% |
| 89 | NIKE, INC. | NKE | 4,500 | $488,565 | 0.15% |
| 90 | VANGUARD GROUP | 921943858 | 10,000 | $479,000 | 0.14% |
| 91 | BLACKROCK FUND ADVISORS | 464288372 | 9,795 | $460,855 | 0.14% |
| 92 | ENBRIDGE INC. | ENNPF | 12,385 | $448,024 | 0.14% |
| 93 | DESCARTES SYSTEMS GROUP INC. | 249906108 | 5,259 | $444,020 | 0.13% |
| 94 | TRANSCANADA CORPORATION | TRPRF | 10,975 | $430,810 | 0.13% |
| 95 | MANULIFE FINANCIAL CORPORATION | 56501R106 | 18,013 | $399,985 | 0.12% |
| 96 | TOYOTA MOTOR CORPORATION | TOYOF | 2,140 | $392,433 | 0.12% |
| 97 | MITSUBISHI UFJ FINANCIAL GROUP, INC. | 606822104 | 45,310 | $390,119 | 0.12% |
| 98 | BERKSHIRE HATHAWAY INC. | BRK-A | 1,056 | $376,633 | 0.11% |
| 99 | PEMBINA PIPELINE CORPORATION | PPLOF | 9,120 | $315,527 | 0.10% |
| 100 | NVIDIA CORPORATION | NVDA | 620 | $307,036 | 0.09% |
| 101 | ABBVIE INC. | ABBV | 1,927 | $298,627 | 0.09% |
| 102 | SUMITOMO MITSUI FINANCIAL GROUP, INC. | 86562M209 | 26,652 | $257,991 | 0.08% |
| 103 | TELUS CORPORATION | TU | 14,150 | $253,039 | 0.08% |
| 104 | NEWMONT GOLDCORP CORPORATION | NEMCL | 5,551 | $190,563 | 0.06% |
| 105 | PAYCHEX, INC. | PAYX | 1,200 | $142,932 | 0.04% |
| 106 | O'REILLY AUTOMOTIVE, INC. | 67103H107 | 138 | $131,111 | 0.04% |
| 107 | UNITED PARCEL SERVICE, INC | UPS | 790 | $124,212 | 0.04% |
| 108 | CHECK POINT SOFTWARE TECH | M22465104 | 597 | $91,216 | 0.03% |
| 109 | COCA-COLA COMPANY (THE) | KO | 1,535 | $90,458 | 0.03% |
| 110 | DUKE ENERGY CORPORATION | DUKB | 800 | $77,632 | 0.02% |
| 111 | CHEVRON CORPORATION | CVX | 500 | $74,580 | 0.02% |
| 112 | ENTERGY CORPORATION | ENO | 700 | $70,833 | 0.02% |
| 113 | KIMBERLY-CLARK CORPORATION | KMB | 556 | $67,560 | 0.02% |
| 114 | BROOKFIELD ASSET MANAGEMENT INC. | 113004105 | 1,464 | $59,088 | 0.02% |
| 115 | IMPERIAL OIL LTD. | IMO | 1,000 | $57,243 | 0.02% |
| 116 | BRISTOL-MYERS SQUIBB COMPANY | CELG-RI | 1,093 | $56,082 | 0.02% |
| 117 | BROOKFIELD INFRASTRUCTURE PARTNERS | G16252101 | 1,658 | $52,509 | 0.02% |
| 118 | CANADIAN IMPERIAL BANK OF COMMERCE | CNDIF | 1,021 | $49,401 | 0.01% |
| 119 | PFIZER INC. | PFE | 1,700 | $48,943 | 0.01% |
| 120 | VEREN INC | 92340V107 | 6,760 | $47,114 | 0.01% |
| 121 | LOCKHEED MARTIN CORPORATION | LMT | 101 | $45,777 | 0.01% |
| 122 | Waste Connections Inc | WCN | 294 | $44,116 | 0.01% |
| 123 | ALTRIA GROUP, INC. | MO | 860 | $34,692 | 0.01% |
| 124 | MCKESSON CORPORATION | MCK | 68 | $31,483 | 0.01% |
| 125 | INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM) | INTR | 188 | $30,747 | 0.01% |
| 126 | ROPER INDUSTRIES, INC. | ROP | 56 | $30,530 | 0.01% |
| 127 | PUBLIC STORAGE, INC. | PSA-PS | 96 | $29,280 | 0.01% |
| 128 | GENERAL DYNAMICS CORPORATION | GD | 112 | $29,083 | 0.01% |
| 129 | REPUBLIC SERVICES, INC. | 760759100 | 176 | $29,024 | 0.01% |
| 130 | BARRICK GOLD CORPORATION | 067901108 | 1,575 | $28,595 | 0.01% |
| 131 | BLACKROCK FUND ADVISORS | 464287465 | 375 | $28,256 | 0.01% |
| 132 | WASTE MANAGEMENT INC | 94106L109 | 155 | $27,760 | 0.01% |
| 133 | KINDER MORGAN INC. | EP-PC | 1,545 | $27,254 | 0.01% |
| 134 | JUNIPER NETWORKS, INC. | 48203R104 | 896 | $26,414 | 0.01% |
| 135 | COLGATE-PALMOLIVE COMPANY | CL | 327 | $26,065 | 0.01% |
| 136 | CISCO SYSTEMS, INC. | CSCO | 515 | $26,018 | 0.01% |
| 137 | AUTOZONE, INC. | AZO | 10 | $25,856 | 0.01% |
| 138 | YUM! BRANDS, INC | YUM | 194 | $25,348 | 0.01% |
| 139 | VERISIGN INC. | VRSN | 119 | $24,509 | 0.01% |
| 140 | AON PLC | AON | 77 | $22,409 | 0.01% |
| 141 | SUN LIFE FINANCIAL INC. | SUNFF | 375 | $19,543 | 0.01% |
| 142 | ENCANA CORPORATION | OVV | 435 | $19,187 | 0.01% |
| 143 | TESLA INC | TSLA | 43 | $10,685 | 0.00% |
| 144 | CENOVUS ENERGY INC. | CVE | 600 | $10,047 | 0.00% |
| 145 | BLACKROCK FUND ADVISORS | IAU | 225 | $8,782 | 0.00% |
| 146 | BLACKROCK FUND ADVISORS | SLV | 400 | $8,712 | 0.00% |
| 147 | ORGANIGRAM HOLDINGS INC | 68620P101 | 5,663 | $7,907 | 0.00% |
| 148 | HIVE BLOCKCHAIN TECHNOLOGIES | HIVE | 1,673 | $7,562 | 0.00% |
| 149 | DENTSPLY INTERNATIONAL INC. | XRAY | 200 | $7,118 | 0.00% |
| 150 | SNDL INC | SNDL | 2,900 | $4,756 | 0.00% |
| 151 | NUTRIEN LTD. | NTR | 80 | $4,506 | 0.00% |
| 152 | MODERNA INC | MRNA | 43 | $4,276 | 0.00% |
| 153 | BLACKROCK FUND ADVISORS | BLK | 5 | $4,059 | 0.00% |
| 154 | GILDAN ACTIVEWEAR INC. | GIL | 75 | $2,492 | 0.00% |
| 155 | AGCO CORP | AGCO | 18 | $2,185 | 0.00% |
| 156 | SPROTT, INC. | SII | 50 | $1,702 | 0.00% |
| 157 | METHANEX CORPORATION | MEOH | 20 | $951 | 0.00% |
| 158 | PAYPAL HOLDINGS INC | PYPL | 10 | $614 | 0.00% |
| 159 | EMBECTA CORP | EMBC | 27 | $511 | 0.00% |
| 160 | WABTEC CORPORATION | 929740108 | 4 | $508 | 0.00% |
| 161 | MIND MEDICINE MINDMED INC | 60255C109 | 52 | $190 | 0.00% |
| 162 | MYLAN INC. | VTRS | 12 | $130 | 0.00% |
| 163 | ZIMVIE INC | 98888T107 | 7 | $124 | 0.00% |
| 164 | WYNN RESORTS, LTD. | WYNN | 1 | $91 | 0.00% |
| 165 | MGM ressources | MGM | 1 | $45 | 0.00% |
| 166 | CANOPY GROWTH CORP | CGC | 2 | $13 | 0.00% |