13F HOLDINGS REPORT
LOUISBOURG INVESTMENTS INC.
Quarter ended Q4 2024 · Filed January 29, 2025 · Accession 0002053050-25-000002
Total Value
$359.7M
Positions
165
Other Managers
0
Confidential Omitted
No
Holdings (165)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | CANADIAN NATIONAL RAILWAY COMPANY | 136375102 | 219,337 | $28.9M | 8.04% |
| 2 | BLACKROCK FUND ADVISORS | 464287200 | 30,678 | $14.7M | 4.09% |
| 3 | MICROSOFT CORPORATION | MSFT | 27,504 | $9.8M | 2.72% |
| 4 | TORONTO-DOMINION BANK | TORO | 160,986 | $9.7M | 2.70% |
| 5 | BANK OF NOVA SCOTIA | 064149107 | 171,858 | $8.9M | 2.47% |
| 6 | LIGHTSPEED COMMERCE INC | LSPD | 576,918 | $8.1M | 2.26% |
| 7 | CANADIAN NATURAL RESOURCES LIMITED | 136385101 | 100,711 | $7.7M | 2.14% |
| 8 | BROOKFIELD CORP | 11271J107 | 182,071 | $7.6M | 2.12% |
| 9 | GOOGLE INC. | GOOG | 58,098 | $7.3M | 2.04% |
| 10 | SHOPIFY INC - CLASS A | SHOP | 92,377 | $7.1M | 1.98% |
| 11 | ROYAL BANK OF CANADA | 780087102 | 68,818 | $6.9M | 1.93% |
| 12 | NUVEI CORP | NU | 209,367 | $6.6M | 1.84% |
| 13 | GILDAN ACTIVEWEAR INC. | GIL | 177,579 | $6.6M | 1.83% |
| 14 | SUNCOR ENERGY, INC. | SU | 162,451 | $6.0M | 1.67% |
| 15 | FORTIS, INC. | FTRSF | 150,387 | $5.9M | 1.65% |
| 16 | ROGERS COMMUNICATIONS, INC. | RCIAF | 144,829 | $5.9M | 1.65% |
| 17 | STANTEC INC. | STN | 70,343 | $5.8M | 1.63% |
| 18 | DOLLAR TREE, INC. | DLTR | 51,175 | $5.7M | 1.59% |
| 19 | BERKSHIRE HATHAWAY INC. | BRK-A | 9 | $5.7M | 1.59% |
| 20 | WHEATON PRECIOUS METALS CORP. | WPM | 120,334 | $5.7M | 1.58% |
| 21 | OPEN TEXT CORPORATION | OTEX | 144,075 | $5.6M | 1.56% |
| 22 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD. | 874039100 | 46,775 | $5.6M | 1.54% |
| 23 | BECTON, DICKINSON AND COMPANY | BDX | 27,710 | $5.5M | 1.54% |
| 24 | Colliers International Group | 194693107 | 45,057 | $5.5M | 1.53% |
| 25 | META PLATFORMS INC | META | 13,539 | $5.4M | 1.51% |
| 26 | TECK RESOURCES LTD. | TCKRF | 117,508 | $5.4M | 1.50% |
| 27 | JOHNSON & JOHNSON | JNJ | 41,607 | $5.4M | 1.49% |
| 28 | JACOB SOLUTIONS INC | J | 42,255 | $5.3M | 1.47% |
| 29 | T-MOBILE US INC | TMUSZ | 39,028 | $5.1M | 1.43% |
| 30 | SALESFORCE.COM, INC. | CRM | 19,802 | $4.9M | 1.36% |
| 31 | NUTRIEN LTD. | NTR | 88,124 | $4.8M | 1.33% |
| 32 | LEIDOS HOLDINGS INC | LDOS | 44,305 | $4.7M | 1.31% |
| 33 | THE WALT DISNEY COMPANY | 254687106 | 41,699 | $4.3M | 1.18% |
| 34 | CONOCOPHILLIPS | COP | 40,572 | $4.2M | 1.17% |
| 35 | Willis Tower Watson PLC | WTW | 19,592 | $4.2M | 1.16% |
| 36 | ABBOTT LABORATORIES | ABLZF | 44,699 | $4.1M | 1.13% |
| 37 | BLACKROCK FUND ADVISORS | 46432F842 | 53,194 | $3.9M | 1.10% |
| 38 | VANGUARD GROUP | 922908363 | 8,037 | $3.9M | 1.07% |
| 39 | AMAZON.COM, INC. | AMZN | 24,324 | $3.8M | 1.07% |
| 40 | AGILENT TECHNOLOGIES, INC. | A | 30,470 | $3.7M | 1.03% |
| 41 | BROADCOM INC. | AVGO | 3,101 | $3.7M | 1.02% |
| 42 | SANDSTORM GOLD LTD. | 80013R206 | 662,962 | $3.5M | 0.97% |
| 43 | CENTERPOINT ENERGY, INC. | CNP | 158,888 | $3.4M | 0.96% |
| 44 | VISA INC. | V | 14,089 | $3.2M | 0.89% |
| 45 | RESTAURANT BRANDS INTERNATIONA | 76131D103 | 39,740 | $3.2M | 0.88% |
| 46 | COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION | CTSH | 49,081 | $3.0M | 0.84% |
| 47 | UNITED TECHNOLOGIES CORPORATION | OTIS | 35,523 | $2.9M | 0.82% |
| 48 | ORACLE CORPORATION | ORCL-PD | 25,749 | $2.9M | 0.81% |
| 49 | ELDORADO GOLD CORPORATION | 284902509 | 187,800 | $2.6M | 0.73% |
| 50 | MANULIFE FINANCIAL CORPORATION | 56501R106 | 102,313 | $2.6M | 0.71% |
| 51 | CELESTICA INC. | CLS | 52,800 | $2.4M | 0.66% |
| 52 | UNION PACIFIC CORPORATION | UNP | 11,568 | $2.4M | 0.66% |
| 53 | OSISKO GOLD ROYALTIES LTD. | 68827L101 | 142,738 | $2.3M | 0.65% |
| 54 | TRANSFORCE, INC. | 87241L109 | 14,500 | $2.3M | 0.64% |
| 55 | NETFLIX INC. | NFLX | 3,961 | $2.2M | 0.61% |
| 56 | DOLLAR GENERAL CORP. | 256677105 | 17,997 | $2.2M | 0.60% |
| 57 | DIAGEO PLC | DGEAF | 14,026 | $2.1M | 0.58% |
| 58 | CANADIAN PACIFIC RAILWAY LIMITED | CP | 22,980 | $2.0M | 0.56% |
| 59 | BANK OF NEW YORK MELLON CORPORATION | 064058100 | 44,263 | $1.9M | 0.54% |
| 60 | KKR & CO INC | KKRT | 22,921 | $1.9M | 0.54% |
| 61 | THOMSON REUTERS CORPORATION | TMSOF | 12,126 | $1.9M | 0.53% |
| 62 | HOME DEPOT, INC. (THE) | HD | 4,784 | $1.8M | 0.51% |
| 63 | THE VANGUARD GROUP INC. | 922042858 | 43,479 | $1.8M | 0.50% |
| 64 | COSTCO WHOLESALE CORPORATION | 22160K105 | 2,388 | $1.7M | 0.49% |
| 65 | MCDONALD'S CORPORATION | MCD | 5,722 | $1.5M | 0.43% |
| 66 | JPMORGAN CHASE & CO. | 46641Q217 | 25,000 | $1.5M | 0.41% |
| 67 | WAL-MART STORES, INC. | WMT | 23,250 | $1.4M | 0.39% |
| 68 | UNITED RENTALS INC | URI | 2,449 | $1.4M | 0.38% |
| 69 | TJX COMPANIES, INC. | 872540109 | 13,200 | $1.3M | 0.37% |
| 70 | WELLS FARGO & COMPANY | 949746101 | 29,244 | $1.3M | 0.36% |
| 71 | GOOGLE INC. | GOOG | 8,365 | $1.3M | 0.35% |
| 72 | ROYAL DUTCH SHELL PLC | RYDAF | 18,290 | $1.2M | 0.34% |
| 73 | BOSTON SCIENTIFIC . COM | BSX | 21,710 | $1.2M | 0.33% |
| 74 | ROSS STORES, INC. | ROST | 9,975 | $1.1M | 0.31% |
| 75 | SAP SE | SAPGF | 5,580 | $1.1M | 0.30% |
| 76 | GOLDMAN SACHS GROUP, INC. | GSCE | 3,354 | $1.1M | 0.29% |
| 77 | TYSON FOODS INC | TSN | 23,222 | $1.0M | 0.29% |
| 78 | DOCEBO INC | DCBO | 19,800 | $968,894 | 0.27% |
| 79 | BANK OF MONTREAL | 063671101 | 8,428 | $823,649 | 0.23% |
| 80 | MARSH & MCLENNAN COMPANIES, INC. | 571748102 | 4,911 | $759,285 | 0.21% |
| 81 | BP PLC | BPPFF | 19,680 | $741,542 | 0.21% |
| 82 | AMGEN INC. | AMGN | 2,500 | $710,800 | 0.20% |
| 83 | HSBC HOLDINGS PLC | HBCYF | 17,430 | $686,045 | 0.19% |
| 84 | CGI INC. | GIB | 6,189 | $683,454 | 0.19% |
| 85 | BHP BILLITON LIMITED | BHPLF | 11,080 | $639,205 | 0.18% |
| 86 | RIO TINTO PLC | RTNTF | 9,680 | $617,003 | 0.17% |
| 87 | APPLE INC. | AAPL | 4,240 | $614,487 | 0.17% |
| 88 | STATE STREET CORPORATION | SPY | 1,145 | $598,915 | 0.17% |
| 89 | ENBRIDGE INC. | ENNPF | 16,431 | $594,345 | 0.17% |
| 90 | BLACKROCK FUND ADVISORS | 464288372 | 11,770 | $560,487 | 0.16% |
| 91 | TOYOTA MOTOR CORPORATION | TOYOF | 2,140 | $538,595 | 0.15% |
| 92 | NVIDIA CORPORATION | NVDA | 587 | $530,390 | 0.15% |
| 93 | BERKSHIRE HATHAWAY INC. | BRK-A | 1,196 | $502,942 | 0.14% |
| 94 | VANGUARD GROUP | 921943858 | 10,000 | $501,700 | 0.14% |
| 95 | TOTAL SA | TTE | 7,240 | $498,329 | 0.14% |
| 96 | DESCARTES SYSTEMS GROUP INC. | 249906108 | 5,199 | $476,007 | 0.13% |
| 97 | MITSUBISHI UFJ FINANCIAL GROUP, INC. | 606822104 | 45,310 | $463,521 | 0.13% |
| 98 | BCE INC. | BCPPF | 13,617 | $463,174 | 0.13% |
| 99 | TRANSCANADA CORPORATION | TRPRF | 10,975 | $441,514 | 0.12% |
| 100 | NIKE, INC. | NKE | 4,500 | $422,910 | 0.12% |
| 101 | PEMBINA PIPELINE CORPORATION | PPLOF | 9,144 | $323,055 | 0.09% |
| 102 | SUMITOMO MITSUI FINANCIAL GROUP, INC. | 86562M209 | 26,652 | $313,694 | 0.09% |
| 103 | ABBVIE INC. | ABBV | 1,395 | $254,029 | 0.07% |
| 104 | TELUS CORPORATION | TU | 14,150 | $226,588 | 0.06% |
| 105 | NEWMONT GOLDCORP CORPORATION | NEMCL | 5,580 | $163,248 | 0.05% |
| 106 | PAYCHEX, INC. | PAYX | 1,200 | $147,360 | 0.04% |
| 107 | O'REILLY AUTOMOTIVE, INC. | 67103H107 | 109 | $123,048 | 0.03% |
| 108 | MCKESSON CORPORATION | MCK | 222 | $119,181 | 0.03% |
| 109 | CHECK POINT SOFTWARE TECH | M22465104 | 618 | $101,358 | 0.03% |
| 110 | CHEVRON CORPORATION | CVX | 500 | $78,870 | 0.02% |
| 111 | DUKE ENERGY CORPORATION | DUKB | 800 | $77,368 | 0.02% |
| 112 | SUN LIFE FINANCIAL INC. | SUNFF | 1,380 | $75,371 | 0.02% |
| 113 | ENTERGY CORPORATION | ENO | 700 | $73,976 | 0.02% |
| 114 | IMPERIAL OIL LTD. | IMO | 1,000 | $69,041 | 0.02% |
| 115 | UNITED TECHNOLOGIES CORPORATION | RTX | 675 | $65,833 | 0.02% |
| 116 | BROOKFIELD INFRASTRUCTURE PARTNERS | G16252101 | 1,958 | $61,203 | 0.02% |
| 117 | BROOKFIELD ASSET MANAGEMENT INC. | 113004105 | 1,452 | $61,052 | 0.02% |
| 118 | LOCKHEED MARTIN CORPORATION | LMT | 127 | $57,768 | 0.02% |
| 119 | VEREN INC | 92340V107 | 6,760 | $55,349 | 0.02% |
| 120 | PFIZER INC. | PFE | 1,700 | $47,175 | 0.01% |
| 121 | ALTRIA GROUP, INC. | MO | 860 | $37,513 | 0.01% |
| 122 | INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM) | INTR | 188 | $35,900 | 0.01% |
| 123 | WASTE MANAGEMENT INC | 94106L109 | 155 | $33,038 | 0.01% |
| 124 | CENCORA INC | COR | 131 | $31,832 | 0.01% |
| 125 | AUTOZONE, INC. | AZO | 10 | $31,516 | 0.01% |
| 126 | ROPER INDUSTRIES, INC. | ROP | 56 | $31,407 | 0.01% |
| 127 | AON PLC | AON | 93 | $31,036 | 0.01% |
| 128 | BLACKROCK FUND ADVISORS | 464287465 | 375 | $29,947 | 0.01% |
| 129 | COLGATE-PALMOLIVE COMPANY | CL | 327 | $29,446 | 0.01% |
| 130 | KIMBERLY-CLARK CORPORATION | KMB | 225 | $29,104 | 0.01% |
| 131 | MOTOROLA SOLUTIONS, INC. | MSI | 81 | $28,753 | 0.01% |
| 132 | BRISTOL-MYERS SQUIBB COMPANY | CELG-RI | 529 | $28,688 | 0.01% |
| 133 | VERISIGN INC. | VRSN | 150 | $28,426 | 0.01% |
| 134 | KINDER MORGAN INC. | EP-PC | 1,545 | $28,335 | 0.01% |
| 135 | REPUBLIC SERVICES, INC. | 760759100 | 148 | $28,333 | 0.01% |
| 136 | NEXTERA ENERGY, INC. | NEE-PW | 440 | $28,120 | 0.01% |
| 137 | LINDE PLC | LIN | 60 | $27,859 | 0.01% |
| 138 | YUM! BRANDS, INC | YUM | 194 | $26,898 | 0.01% |
| 139 | CANADIAN IMPERIAL BANK OF COMMERCE | CNDIF | 520 | $26,387 | 0.01% |
| 140 | BARRICK GOLD CORPORATION | 067901108 | 1,575 | $26,222 | 0.01% |
| 141 | CISCO SYSTEMS, INC. | CSCO | 515 | $25,704 | 0.01% |
| 142 | ENCANA CORPORATION | OVV | 435 | $22,591 | 0.01% |
| 143 | TESLA INC | TSLA | 118 | $20,743 | 0.01% |
| 144 | Waste Connections Inc | WCN | 105 | $18,069 | 0.01% |
| 145 | CVS CORPORATION | CVS | 175 | $13,958 | 0.00% |
| 146 | UNITED PARCEL SERVICE, INC | UPS | 90 | $13,377 | 0.00% |
| 147 | ORGANIGRAM HOLDINGS INC | 68620P101 | 5,663 | $12,109 | 0.00% |
| 148 | CENOVUS ENERGY INC. | CVE | 600 | $12,007 | 0.00% |
| 149 | BLACKROCK FUND ADVISORS | IAU | 225 | $9,452 | 0.00% |
| 150 | BLACKROCK FUND ADVISORS | SLV | 400 | $9,100 | 0.00% |
| 151 | DENTSPLY INTERNATIONAL INC. | XRAY | 200 | $6,638 | 0.00% |
| 152 | SNDL INC | SNDL | 2,900 | $5,814 | 0.00% |
| 153 | HIVE BLOCKCHAIN TECHNOLOGIES | HIVE | 1,673 | $5,637 | 0.00% |
| 154 | NUTRIEN LTD. | NTR | 80 | $4,345 | 0.00% |
| 155 | MODERNA INC | MRNA | 22 | $2,344 | 0.00% |
| 156 | METHANEX CORPORATION | MEOH | 20 | $892 | 0.00% |
| 157 | PAYPAL HOLDINGS INC | PYPL | 10 | $670 | 0.00% |
| 158 | WABTEC CORPORATION | 929740108 | 4 | $583 | 0.00% |
| 159 | MIND MEDICINE MINDMED INC | 60255C109 | 52 | $492 | 0.00% |
| 160 | EMBECTA CORP | EMBC | 27 | $358 | 0.00% |
| 161 | MYLAN INC. | VTRS | 12 | $143 | 0.00% |
| 162 | ZIMVIE INC | 98888T107 | 7 | $115 | 0.00% |
| 163 | WYNN RESORTS, LTD. | WYNN | 1 | $102 | 0.00% |
| 164 | MGM ressources | MGM | 1 | $47 | 0.00% |
| 165 | CANOPY GROWTH CORP | CGC | 2 | $17 | 0.00% |