13F HOLDINGS REPORT
LOUISBOURG INVESTMENTS INC.
Quarter ended Q4 2024 · Filed January 29, 2025 · Accession 0002053050-25-000003
Total Value
$356.9M
Positions
170
Other Managers
0
Confidential Omitted
No
Holdings (170)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | CANADIAN NATIONAL RAILWAY COMPANY | 136375102 | 226,095 | $26.7M | 7.48% |
| 2 | BLACKROCK FUND ADVISORS | 464287200 | 20,598 | $11.1M | 3.11% |
| 3 | MICROSOFT CORPORATION | MSFT | 27,404 | $10.3M | 2.89% |
| 4 | TORONTO-DOMINION BANK | TORO | 160,524 | $8.8M | 2.47% |
| 5 | BANK OF NOVA SCOTIA | 064149107 | 192,528 | $8.8M | 2.47% |
| 6 | GOOGLE INC. | GOOG | 53,848 | $8.1M | 2.28% |
| 7 | LIGHTSPEED COMMERCE INC | LSPD | 593,483 | $8.1M | 2.27% |
| 8 | SHOPIFY INC - CLASS A | SHOP | 120,302 | $7.9M | 2.23% |
| 9 | GILDAN ACTIVEWEAR INC. | GIL | 200,704 | $7.6M | 2.13% |
| 10 | CANADIAN NATURAL RESOURCES LIMITED | 136385101 | 211,042 | $7.5M | 2.11% |
| 11 | BROOKFIELD CORP | 11271J107 | 175,387 | $7.3M | 2.04% |
| 12 | ROGERS COMMUNICATIONS, INC. | RCIAF | 189,534 | $7.0M | 1.96% |
| 13 | Colliers International Group | 194693107 | 54,548 | $6.1M | 1.71% |
| 14 | SALESFORCE.COM, INC. | CRM | 28,467 | $5.9M | 1.66% |
| 15 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD. | 874039100 | 38,805 | $5.9M | 1.64% |
| 16 | BECTON, DICKINSON AND COMPANY | BDX | 29,780 | $5.6M | 1.57% |
| 17 | RESTAURANT BRANDS INTERNATIONA | 76131D103 | 79,006 | $5.6M | 1.56% |
| 18 | FORTIS, INC. | FTRSF | 142,125 | $5.5M | 1.55% |
| 19 | T-MOBILE US INC | TMUSZ | 38,978 | $5.5M | 1.54% |
| 20 | JOHNSON & JOHNSON | JNJ | 44,707 | $5.3M | 1.48% |
| 21 | META PLATFORMS INC | META | 13,196 | $5.2M | 1.47% |
| 22 | WHEATON PRECIOUS METALS CORP. | WPM | 99,434 | $5.2M | 1.46% |
| 23 | SUNCOR ENERGY, INC. | SU | 133,943 | $5.1M | 1.43% |
| 24 | TECK RESOURCES LTD. | TCKRF | 106,269 | $5.1M | 1.43% |
| 25 | BERKSHIRE HATHAWAY INC. | BRK-A | 8 | $4.9M | 1.37% |
| 26 | JACOB SOLUTIONS INC | J | 42,758 | $4.8M | 1.36% |
| 27 | OPEN TEXT CORPORATION | OTEX | 158,425 | $4.8M | 1.33% |
| 28 | LEIDOS HOLDINGS INC | LDOS | 39,805 | $4.7M | 1.32% |
| 29 | DOLLAR TREE, INC. | DLTR | 52,732 | $4.7M | 1.32% |
| 30 | CONOCOPHILLIPS | COP | 49,142 | $4.6M | 1.28% |
| 31 | BLACKROCK FUND ADVISORS | 46432F842 | 62,033 | $4.5M | 1.26% |
| 32 | NUTRIEN LTD. | NTR | 88,024 | $4.5M | 1.26% |
| 33 | ROYAL BANK OF CANADA | 780087102 | 41,958 | $4.5M | 1.25% |
| 34 | VANGUARD GROUP | 922908363 | 8,596 | $4.3M | 1.20% |
| 35 | COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION | CTSH | 75,821 | $4.1M | 1.15% |
| 36 | Willis Tower Watson PLC | WTW | 20,132 | $4.1M | 1.15% |
| 37 | ABBOTT LABORATORIES | ABLZF | 48,849 | $4.0M | 1.12% |
| 38 | OSISKO GOLD ROYALTIES LTD. | 68827L101 | 241,678 | $3.8M | 1.05% |
| 39 | STANTEC INC. | STN | 43,043 | $3.6M | 1.01% |
| 40 | AGILENT TECHNOLOGIES, INC. | A | 32,920 | $3.5M | 0.99% |
| 41 | THE WALT DISNEY COMPANY | 254687106 | 42,629 | $3.5M | 0.98% |
| 42 | AMAZON.COM, INC. | AMZN | 20,324 | $3.4M | 0.96% |
| 43 | SANDSTORM GOLD LTD. | 80013R206 | 611,182 | $3.3M | 0.93% |
| 44 | CENTERPOINT ENERGY, INC. | CNP | 140,888 | $3.3M | 0.93% |
| 45 | UNITED RENTALS INC | URI | 6,164 | $3.3M | 0.93% |
| 46 | BROADCOM INC. | AVGO | 2,354 | $3.3M | 0.92% |
| 47 | CBRE GROUP, INC. | CBRE | 43,650 | $3.2M | 0.90% |
| 48 | VISA INC. | V | 13,789 | $2.9M | 0.82% |
| 49 | ORACLE CORPORATION | ORCL-PD | 22,104 | $2.9M | 0.80% |
| 50 | UNITED TECHNOLOGIES CORPORATION | OTIS | 35,433 | $2.8M | 0.79% |
| 51 | MANULIFE FINANCIAL CORPORATION | 56501R106 | 105,773 | $2.8M | 0.79% |
| 52 | MCDONALD'S CORPORATION | MCD | 12,802 | $2.8M | 0.78% |
| 53 | CGI INC. | GIB | 24,918 | $2.5M | 0.70% |
| 54 | KINROSS GOLD CORPORATION | KGCRF | 298,200 | $2.5M | 0.70% |
| 55 | CELESTICA INC. | CLS | 43,300 | $2.5M | 0.69% |
| 56 | DOLLAR GENERAL CORP. | 256677105 | 23,747 | $2.4M | 0.68% |
| 57 | UNION PACIFIC CORPORATION | UNP | 12,868 | $2.4M | 0.67% |
| 58 | CANADIAN PACIFIC RAILWAY LIMITED | CP | 29,600 | $2.3M | 0.65% |
| 59 | AGNICO-EAGLE MINES LIMITED | AEM | 35,500 | $2.3M | 0.65% |
| 60 | HUDBAY MINERALS, INC. | HBM | 248,200 | $2.2M | 0.63% |
| 61 | ELDORADO GOLD CORPORATION | 284902509 | 149,800 | $2.2M | 0.62% |
| 62 | PAN AMERICAN SILVER CORPORATION | 697900108 | 110,000 | $2.2M | 0.61% |
| 63 | THE VANGUARD GROUP INC. | 922042858 | 46,758 | $2.0M | 0.57% |
| 64 | BANK OF NEW YORK MELLON CORPORATION | 064058100 | 44,263 | $2.0M | 0.56% |
| 65 | DIAGEO PLC | DGEAF | 15,426 | $1.9M | 0.54% |
| 66 | DOCEBO INC | DCBO | 48,900 | $1.9M | 0.53% |
| 67 | COSTCO WHOLESALE CORPORATION | 22160K105 | 2,209 | $1.9M | 0.53% |
| 68 | KKR & CO INC | KKRT | 18,597 | $1.6M | 0.46% |
| 69 | HOME DEPOT, INC. (THE) | HD | 4,184 | $1.4M | 0.40% |
| 70 | THOMSON REUTERS CORPORATION | TMSOF | 8,476 | $1.4M | 0.40% |
| 71 | SAP SE | SAPGF | 6,580 | $1.3M | 0.37% |
| 72 | ROYAL DUTCH SHELL PLC | RYDAF | 18,290 | $1.3M | 0.37% |
| 73 | ROSS STORES, INC. | ROST | 11,375 | $1.3M | 0.37% |
| 74 | WELLS FARGO & COMPANY | 949746101 | 29,244 | $1.3M | 0.37% |
| 75 | NETFLIX INC. | NFLX | 1,921 | $1.2M | 0.34% |
| 76 | WAL-MART STORES, INC. | WMT | 17,150 | $1.2M | 0.33% |
| 77 | GOOGLE INC. | GOOG | 6,365 | $1.2M | 0.32% |
| 78 | TJX COMPANIES, INC. | 872540109 | 10,500 | $1.2M | 0.32% |
| 79 | GOLDMAN SACHS GROUP, INC. | GSCE | 3,354 | $1.1M | 0.32% |
| 80 | TYSON FOODS INC | TSN | 23,222 | $987,262 | 0.28% |
| 81 | BOSTON SCIENTIFIC . COM | BSX | 13,135 | $793,545 | 0.22% |
| 82 | MARSH & MCLENNAN COMPANIES, INC. | 571748102 | 4,911 | $768,695 | 0.22% |
| 83 | BP PLC | BPPFF | 19,680 | $710,448 | 0.20% |
| 84 | BANK OF MONTREAL | 063671101 | 8,428 | $707,266 | 0.20% |
| 85 | RIO TINTO PLC | RTNTF | 9,680 | $638,202 | 0.18% |
| 86 | BHP BILLITON LIMITED | BHPLF | 11,080 | $632,557 | 0.18% |
| 87 | STATE STREET CORPORATION | SPY | 1,127 | $613,336 | 0.17% |
| 88 | BLACKROCK FUND ADVISORS | 464288372 | 12,623 | $604,894 | 0.17% |
| 89 | ENBRIDGE INC. | ENNPF | 16,361 | $581,934 | 0.16% |
| 90 | APPLE INC. | AAPL | 2,940 | $534,177 | 0.15% |
| 91 | AMGEN INC. | AMGN | 1,700 | $531,165 | 0.15% |
| 92 | NVIDIA CORPORATION | NVDA | 4,100 | $506,514 | 0.14% |
| 93 | VANGUARD GROUP | 921943858 | 10,000 | $494,200 | 0.14% |
| 94 | DESCARTES SYSTEMS GROUP INC. | 249906108 | 5,099 | $493,932 | 0.14% |
| 95 | BERKSHIRE HATHAWAY INC. | BRK-A | 1,204 | $489,787 | 0.14% |
| 96 | MITSUBISHI UFJ FINANCIAL GROUP, INC. | 606822104 | 45,310 | $489,348 | 0.14% |
| 97 | TOTAL SA | TTE | 7,240 | $482,763 | 0.14% |
| 98 | BCE INC. | BCPPF | 13,671 | $442,695 | 0.12% |
| 99 | TOYOTA MOTOR CORPORATION | TOYOF | 2,140 | $438,636 | 0.12% |
| 100 | TRANSCANADA CORPORATION | TRPRF | 10,975 | $415,949 | 0.12% |
| 101 | SUMITOMO MITSUI FINANCIAL GROUP, INC. | 86562M209 | 26,652 | $357,403 | 0.10% |
| 102 | NIKE, INC. | NKE | 4,500 | $339,165 | 0.10% |
| 103 | PEMBINA PIPELINE CORPORATION | PPLOF | 8,194 | $303,963 | 0.09% |
| 104 | ABBVIE INC. | ABBV | 1,395 | $239,270 | 0.07% |
| 105 | TELUS CORPORATION | TU | 14,290 | $216,279 | 0.06% |
| 106 | PAYCHEX, INC. | PAYX | 1,200 | $142,272 | 0.04% |
| 107 | MCKESSON CORPORATION | MCK | 222 | $129,657 | 0.04% |
| 108 | O'REILLY AUTOMOTIVE, INC. | 67103H107 | 109 | $115,111 | 0.03% |
| 109 | CHECK POINT SOFTWARE TECH | M22465104 | 618 | $101,970 | 0.03% |
| 110 | DUKE ENERGY CORPORATION | DUKB | 800 | $80,184 | 0.02% |
| 111 | CHEVRON CORPORATION | CVX | 500 | $78,210 | 0.02% |
| 112 | ENTERGY CORPORATION | ENO | 700 | $74,900 | 0.02% |
| 113 | SUN LIFE FINANCIAL INC. | SUNFF | 1,380 | $67,651 | 0.02% |
| 114 | UNITED TECHNOLOGIES CORPORATION | RTX | 635 | $63,748 | 0.02% |
| 115 | LOCKHEED MARTIN CORPORATION | LMT | 127 | $59,322 | 0.02% |
| 116 | BROOKFIELD ASSET MANAGEMENT INC. | 113004105 | 1,489 | $56,672 | 0.02% |
| 117 | BROOKFIELD INFRASTRUCTURE PARTNERS | G16252101 | 1,958 | $53,774 | 0.02% |
| 118 | VEREN INC | 92340V107 | 6,760 | $53,305 | 0.01% |
| 119 | PFIZER INC. | PFE | 1,700 | $47,566 | 0.01% |
| 120 | NEWMONT GOLDCORP CORPORATION | NEMCL | 981 | $41,061 | 0.01% |
| 121 | ALTRIA GROUP, INC. | MO | 860 | $39,173 | 0.01% |
| 122 | WASTE MANAGEMENT INC | 94106L109 | 155 | $33,068 | 0.01% |
| 123 | INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM) | INTR | 188 | $32,515 | 0.01% |
| 124 | COLGATE-PALMOLIVE COMPANY | CL | 327 | $31,732 | 0.01% |
| 125 | ROPER INDUSTRIES, INC. | ROP | 56 | $31,565 | 0.01% |
| 126 | MOTOROLA SOLUTIONS, INC. | MSI | 81 | $31,270 | 0.01% |
| 127 | NEXTERA ENERGY, INC. | NEE-PW | 440 | $31,156 | 0.01% |
| 128 | KIMBERLY-CLARK CORPORATION | KMB | 225 | $31,095 | 0.01% |
| 129 | KINDER MORGAN INC. | EP-PC | 1,545 | $30,699 | 0.01% |
| 130 | AUTOZONE, INC. | AZO | 10 | $29,641 | 0.01% |
| 131 | CENCORA INC | COR | 131 | $29,514 | 0.01% |
| 132 | REPUBLIC SERVICES, INC. | 760759100 | 148 | $28,762 | 0.01% |
| 133 | AON PLC | AON | 93 | $27,303 | 0.01% |
| 134 | VERISIGN INC. | VRSN | 150 | $26,670 | 0.01% |
| 135 | LINDE PLC | LIN | 60 | $26,329 | 0.01% |
| 136 | BARRICK GOLD CORPORATION | 067901108 | 1,575 | $26,266 | 0.01% |
| 137 | YUM! BRANDS, INC | YUM | 194 | $25,697 | 0.01% |
| 138 | CISCO SYSTEMS, INC. | CSCO | 535 | $25,418 | 0.01% |
| 139 | TESLA INC | TSLA | 118 | $23,350 | 0.01% |
| 140 | BRISTOL-MYERS SQUIBB COMPANY | CELG-RI | 529 | $21,969 | 0.01% |
| 141 | ENCANA CORPORATION | OVV | 435 | $20,387 | 0.01% |
| 142 | Waste Connections Inc | WCN | 105 | $18,419 | 0.01% |
| 143 | UNITED PARCEL SERVICE, INC | UPS | 90 | $12,316 | 0.00% |
| 144 | CENOVUS ENERGY INC. | CVE | 600 | $11,791 | 0.00% |
| 145 | CVS CORPORATION | CVS | 195 | $11,517 | 0.00% |
| 146 | BLACKROCK FUND ADVISORS | SLV | 400 | $10,628 | 0.00% |
| 147 | BLACKROCK FUND ADVISORS | IAU | 225 | $9,884 | 0.00% |
| 148 | ORGANIGRAM HOLDINGS INC | 68620P101 | 5,663 | $8,733 | 0.00% |
| 149 | BLACKROCK FUND ADVISORS | 464287465 | 75 | $5,875 | 0.00% |
| 150 | CANADIAN IMPERIAL BANK OF COMMERCE | CNDIF | 120 | $5,705 | 0.00% |
| 151 | SNDL INC | SNDL | 2,900 | $5,510 | 0.00% |
| 152 | HIVE BLOCKCHAIN TECHNOLOGIES | HIVE | 1,673 | $5,184 | 0.00% |
| 153 | DENTSPLY INTERNATIONAL INC. | XRAY | 200 | $4,982 | 0.00% |
| 154 | NUTRIEN LTD. | NTR | 80 | $4,072 | 0.00% |
| 155 | VANGUARD GROUP | 922908744 | 20 | $3,208 | 0.00% |
| 156 | MODERNA INC | MRNA | 22 | $2,612 | 0.00% |
| 157 | APPLIED MATERIALS, INC. | 038222105 | 10 | $2,360 | 0.00% |
| 158 | INTEL CORPORATION | INTC | 75 | $2,323 | 0.00% |
| 159 | GOLDMAN SACHS GROUP, INC. | NVGLF | 30 | $1,901 | 0.00% |
| 160 | THE VANGUARD GROUP INC. | 92204A504 | 7 | $1,862 | 0.00% |
| 161 | METHANEX CORPORATION | MEOH | 20 | $965 | 0.00% |
| 162 | WABTEC CORPORATION | 929740108 | 4 | $632 | 0.00% |
| 163 | MIND MEDICINE MINDMED INC | 60255C885 | 52 | $375 | 0.00% |
| 164 | PAYPAL HOLDINGS INC | PYPL | 5 | $290 | 0.00% |
| 165 | EMBECTA CORP | EMBC | 17 | $213 | 0.00% |
| 166 | ZIMVIE INC | 98888T107 | 7 | $128 | 0.00% |
| 167 | MYLAN INC. | VTRS | 12 | $128 | 0.00% |
| 168 | WYNN RESORTS, LTD. | WYNN | 1 | $90 | 0.00% |
| 169 | MGM ressources | MGM | 1 | $44 | 0.00% |
| 170 | CANOPY GROWTH CORP | CGC | 2 | $13 | 0.00% |