13F HOLDINGS REPORT
LOUISBOURG INVESTMENTS INC.
Quarter ended Q4 2024 · Filed January 29, 2025 · Accession 0002053050-25-000004
Total Value
$395.4M
Positions
174
Other Managers
0
Confidential Omitted
No
Holdings (174)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | CANADIAN NATIONAL RAILWAY COMPANY | 136375102 | 244,830 | $28.7M | 7.26% |
| 2 | BANK OF NOVA SCOTIA | 064149107 | 217,113 | $11.8M | 3.00% |
| 3 | BLACKROCK FUND ADVISORS | 464287200 | 20,200 | $11.7M | 2.95% |
| 4 | LIGHTSPEED COMMERCE INC | LSPD | 687,618 | $11.4M | 2.87% |
| 5 | TORONTO-DOMINION BANK | TORO | 170,213 | $10.8M | 2.73% |
| 6 | SHOPIFY INC - CLASS A | SHOP | 126,632 | $10.2M | 2.57% |
| 7 | MICROSOFT CORPORATION | MSFT | 26,404 | $9.6M | 2.42% |
| 8 | BROOKFIELD CORP | 11271J107 | 165,837 | $8.8M | 2.23% |
| 9 | Colliers International Group | 194693107 | 57,395 | $8.7M | 2.21% |
| 10 | GILDAN ACTIVEWEAR INC. | GIL | 179,859 | $8.5M | 2.14% |
| 11 | ROGERS COMMUNICATIONS, INC. | RCIAF | 207,314 | $8.3M | 2.11% |
| 12 | GOOGLE INC. | GOOG | 57,548 | $7.9M | 2.01% |
| 13 | CANADIAN NATURAL RESOURCES LIMITED | 136385101 | 215,723 | $7.2M | 1.81% |
| 14 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD. | 874039100 | 45,605 | $6.9M | 1.75% |
| 15 | TECK RESOURCES LTD. | TCKRF | 128,468 | $6.7M | 1.70% |
| 16 | SALESFORCE.COM, INC. | CRM | 29,997 | $6.7M | 1.69% |
| 17 | BECTON, DICKINSON AND COMPANY | BDX | 30,910 | $6.0M | 1.52% |
| 18 | JOHNSON & JOHNSON | JNJ | 44,647 | $5.9M | 1.49% |
| 19 | SUNCOR ENERGY, INC. | SU | 156,480 | $5.8M | 1.46% |
| 20 | BERKSHIRE HATHAWAY INC. | BRK-A | 8 | $5.5M | 1.40% |
| 21 | BLACKROCK FUND ADVISORS | 46432F842 | 70,328 | $5.5M | 1.39% |
| 22 | OSISKO GOLD ROYALTIES LTD. | 68827L101 | 294,508 | $5.5M | 1.38% |
| 23 | META PLATFORMS INC | META | 11,846 | $5.4M | 1.37% |
| 24 | RESTAURANT BRANDS INTERNATIONA | 76131D103 | 71,491 | $5.2M | 1.31% |
| 25 | VANGUARD GROUP | 922908363 | 9,543 | $5.0M | 1.27% |
| 26 | T-MOBILE US INC | TMUSZ | 29,158 | $5.0M | 1.26% |
| 27 | WHEATON PRECIOUS METALS CORP. | WPM | 80,649 | $4.9M | 1.25% |
| 28 | AMAZON.COM, INC. | AMZN | 30,224 | $4.7M | 1.20% |
| 29 | FORTIS, INC. | FTRSF | 102,683 | $4.7M | 1.18% |
| 30 | LEIDOS HOLDINGS INC | LDOS | 33,180 | $4.5M | 1.14% |
| 31 | ROYAL BANK OF CANADA | 780087102 | 36,083 | $4.5M | 1.14% |
| 32 | BROADCOM INC. | AVGO | 30,200 | $4.4M | 1.10% |
| 33 | STANTEC INC. | STN | 54,238 | $4.4M | 1.10% |
| 34 | NUTRIEN LTD. | NTR | 90,294 | $4.3M | 1.10% |
| 35 | THE WALT DISNEY COMPANY | 254687106 | 54,459 | $4.3M | 1.08% |
| 36 | AGILENT TECHNOLOGIES, INC. | A | 34,620 | $4.3M | 1.08% |
| 37 | CONOCOPHILLIPS | COP | 49,442 | $4.3M | 1.08% |
| 38 | ABBOTT LABORATORIES | ABLZF | 45,549 | $4.2M | 1.05% |
| 39 | Willis Tower Watson PLC | WTW | 17,911 | $4.2M | 1.05% |
| 40 | JACOB SOLUTIONS INC | J | 38,368 | $4.1M | 1.05% |
| 41 | UNITED RENTALS INC | URI | 5,834 | $4.0M | 1.00% |
| 42 | CBRE GROUP, INC. | CBRE | 36,580 | $3.9M | 0.98% |
| 43 | OPEN TEXT CORPORATION | OTEX | 112,935 | $3.8M | 0.95% |
| 44 | COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION | CTSH | 59,021 | $3.7M | 0.95% |
| 45 | SANDSTORM GOLD LTD. | 80013R206 | 620,182 | $3.7M | 0.94% |
| 46 | CENTERPOINT ENERGY, INC. | CNP | 154,588 | $3.5M | 0.88% |
| 47 | DOLLAR TREE, INC. | DLTR | 58,875 | $3.5M | 0.88% |
| 48 | ACCENTURE PLC | ACN | 11,255 | $3.3M | 0.85% |
| 49 | MCDONALD'S CORPORATION | MCD | 12,252 | $3.2M | 0.81% |
| 50 | ORACLE CORPORATION | ORCL-PD | 20,089 | $3.2M | 0.81% |
| 51 | VISA INC. | V | 13,989 | $3.1M | 0.79% |
| 52 | UNITED TECHNOLOGIES CORPORATION | OTIS | 35,833 | $3.1M | 0.79% |
| 53 | HUDBAY MINERALS, INC. | HBM | 312,500 | $2.9M | 0.73% |
| 54 | UNION PACIFIC CORPORATION | UNP | 12,868 | $2.6M | 0.66% |
| 55 | KINROSS GOLD CORPORATION | KGCRF | 279,800 | $2.6M | 0.66% |
| 56 | ALAMOS GOLD INC. | AGI | 131,200 | $2.6M | 0.66% |
| 57 | PAN AMERICAN SILVER CORPORATION | 697900108 | 125,200 | $2.6M | 0.66% |
| 58 | ELDORADO GOLD CORPORATION | 284902509 | 146,500 | $2.5M | 0.64% |
| 59 | CELESTICA INC. | CLS | 49,700 | $2.5M | 0.64% |
| 60 | AGNICO-EAGLE MINES LIMITED | AEM | 31,000 | $2.5M | 0.63% |
| 61 | BANK OF NEW YORK MELLON CORPORATION | 064058100 | 44,263 | $2.4M | 0.62% |
| 62 | CANADIAN PACIFIC RAILWAY LIMITED | CP | 28,395 | $2.4M | 0.61% |
| 63 | THE VANGUARD GROUP INC. | 922042858 | 50,564 | $2.4M | 0.61% |
| 64 | CGI INC. | GIB | 20,818 | $2.4M | 0.61% |
| 65 | KKR & CO INC | KKRT | 18,297 | $2.0M | 0.51% |
| 66 | INVESCO S&P 500 EQUAL WEIGHT | IVZ | 14,800 | $2.0M | 0.50% |
| 67 | COSTCO WHOLESALE CORPORATION | 22160K105 | 2,200 | $2.0M | 0.49% |
| 68 | DOLLAR GENERAL CORP. | 256677105 | 29,782 | $1.9M | 0.49% |
| 69 | DOCEBO INC | DCBO | 39,900 | $1.8M | 0.45% |
| 70 | HOME DEPOT, INC. (THE) | HD | 4,184 | $1.7M | 0.43% |
| 71 | DIAGEO PLC | DGEAF | 10,826 | $1.5M | 0.38% |
| 72 | THOMSON REUTERS CORPORATION | TMSOF | 8,132 | $1.4M | 0.35% |
| 73 | WAL-MART STORES, INC. | WMT | 17,150 | $1.4M | 0.35% |
| 74 | ROSS STORES, INC. | ROST | 11,375 | $1.4M | 0.35% |
| 75 | GOLDMAN SACHS GROUP, INC. | GSCE | 3,354 | $1.3M | 0.32% |
| 76 | WELLS FARGO & COMPANY | 949746101 | 29,244 | $1.3M | 0.32% |
| 77 | TJX COMPANIES, INC. | 872540109 | 10,500 | $1.2M | 0.31% |
| 78 | ROYAL DUTCH SHELL PLC | RYDAF | 18,290 | $1.2M | 0.31% |
| 79 | GOOGLE INC. | GOOG | 6,365 | $1.1M | 0.27% |
| 80 | AMENTUM HOLDINGS INC | AMTM | 38,368 | $1.0M | 0.26% |
| 81 | SAP SE | SAPGF | 3,880 | $888,908 | 0.22% |
| 82 | BOSTON SCIENTIFIC . COM | BSX | 13,135 | $871,806 | 0.22% |
| 83 | ULTA BEAUTY INC | ULTA | 2,787 | $840,659 | 0.21% |
| 84 | MARSH & MCLENNAN COMPANIES, INC. | 571748102 | 4,911 | $823,673 | 0.21% |
| 85 | NETFLIX INC. | NFLX | 1,236 | $809,405 | 0.20% |
| 86 | BANK OF MONTREAL | 063671101 | 8,428 | $761,355 | 0.19% |
| 87 | BLACKROCK FUND ADVISORS | 464288372 | 13,501 | $734,859 | 0.19% |
| 88 | RIO TINTO PLC | RTNTF | 9,680 | $688,926 | 0.17% |
| 89 | BHP BILLITON LIMITED | BHPLF | 11,080 | $688,179 | 0.17% |
| 90 | ENBRIDGE INC. | ENNPF | 16,361 | $665,364 | 0.17% |
| 91 | BP PLC | BPPFF | 19,680 | $617,755 | 0.16% |
| 92 | APPLE INC. | AAPL | 2,940 | $594,227 | 0.15% |
| 93 | BERKSHIRE HATHAWAY INC. | BRK-A | 1,208 | $555,994 | 0.14% |
| 94 | AMGEN INC. | AMGN | 1,700 | $547,757 | 0.14% |
| 95 | VANGUARD GROUP | 921943858 | 10,000 | $528,100 | 0.13% |
| 96 | DESCARTES SYSTEMS GROUP INC. | 249906108 | 5,099 | $525,281 | 0.13% |
| 97 | TRANSCANADA CORPORATION | TRPRF | 10,975 | $522,286 | 0.13% |
| 98 | NVIDIA CORPORATION | NVDA | 4,192 | $509,076 | 0.13% |
| 99 | BCE INC. | BCPPF | 13,901 | $483,826 | 0.12% |
| 100 | TOTAL SA | TTE | 7,240 | $467,849 | 0.12% |
| 101 | MITSUBISHI UFJ FINANCIAL GROUP, INC. | 606822104 | 45,310 | $461,256 | 0.12% |
| 102 | STATE STREET CORPORATION | SPY | 736 | $422,287 | 0.11% |
| 103 | ABBVIE INC. | ABBV | 2,129 | $420,435 | 0.11% |
| 104 | NIKE, INC. | NKE | 4,500 | $397,800 | 0.10% |
| 105 | TOYOTA MOTOR CORPORATION | TOYOF | 2,140 | $382,140 | 0.10% |
| 106 | MANULIFE FINANCIAL CORPORATION | 56501R106 | 12,613 | $373,176 | 0.09% |
| 107 | PEMBINA PIPELINE CORPORATION | PPLOF | 8,194 | $338,144 | 0.09% |
| 108 | SUMITOMO MITSUI FINANCIAL GROUP, INC. | 86562M209 | 26,652 | $336,615 | 0.09% |
| 109 | TELUS CORPORATION | TU | 14,290 | $240,009 | 0.06% |
| 110 | PAYCHEX, INC. | PAYX | 1,200 | $161,028 | 0.04% |
| 111 | CHECK POINT SOFTWARE TECH | M22465104 | 805 | $155,212 | 0.04% |
| 112 | CENCORA INC | COR | 637 | $143,376 | 0.04% |
| 113 | O'REILLY AUTOMOTIVE, INC. | 67103H107 | 109 | $125,524 | 0.03% |
| 114 | DUKE ENERGY CORPORATION | DUKB | 800 | $92,240 | 0.02% |
| 115 | ENTERGY CORPORATION | ENO | 700 | $92,127 | 0.02% |
| 116 | UNITED TECHNOLOGIES CORPORATION | RTX | 635 | $76,937 | 0.02% |
| 117 | CHEVRON CORPORATION | CVX | 500 | $73,635 | 0.02% |
| 118 | BROOKFIELD INFRASTRUCTURE PARTNERS | G16252101 | 2,004 | $70,417 | 0.02% |
| 119 | BROOKFIELD ASSET MANAGEMENT INC. | 113004105 | 1,452 | $68,723 | 0.02% |
| 120 | INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM) | INTR | 247 | $54,607 | 0.01% |
| 121 | LOCKHEED MARTIN CORPORATION | LMT | 93 | $54,364 | 0.01% |
| 122 | PFIZER INC. | PFE | 1,700 | $49,198 | 0.01% |
| 123 | SUN LIFE FINANCIAL INC. | SUNFF | 835 | $48,489 | 0.01% |
| 124 | ALTRIA GROUP, INC. | MO | 860 | $43,894 | 0.01% |
| 125 | VEREN INC | 92340V107 | 6,760 | $41,682 | 0.01% |
| 126 | NEXTERA ENERGY, INC. | NEE-PW | 440 | $37,193 | 0.01% |
| 127 | NEWMONT GOLDCORP CORPORATION | NEMCL | 631 | $33,756 | 0.01% |
| 128 | AON PLC | AON | 93 | $32,177 | 0.01% |
| 129 | BARRICK GOLD CORPORATION | 067901108 | 1,575 | $31,361 | 0.01% |
| 130 | MOTOROLA SOLUTIONS, INC. | MSI | 68 | $30,575 | 0.01% |
| 131 | GAMING AND LEISURE PROPERTIE | 36467J108 | 587 | $30,201 | 0.01% |
| 132 | REPUBLIC SERVICES, INC. | 760759100 | 148 | $29,724 | 0.01% |
| 133 | AUTOMATIC DATA PROCESSING, INC. | ADP | 106 | $29,333 | 0.01% |
| 134 | LINDE PLC | LIN | 60 | $28,612 | 0.01% |
| 135 | VERISIGN INC. | VRSN | 150 | $28,494 | 0.01% |
| 136 | CISCO SYSTEMS, INC. | CSCO | 535 | $28,473 | 0.01% |
| 137 | COLGATE-PALMOLIVE COMPANY | CL | 264 | $27,406 | 0.01% |
| 138 | BRISTOL-MYERS SQUIBB COMPANY | CELG-RI | 529 | $27,370 | 0.01% |
| 139 | YUM! BRANDS, INC | YUM | 194 | $27,104 | 0.01% |
| 140 | ROPER INDUSTRIES, INC. | ROP | 47 | $26,153 | 0.01% |
| 141 | VERISK ANALYTICS INC | VRSK | 96 | $25,724 | 0.01% |
| 142 | WASTE MANAGEMENT INC | 94106L109 | 123 | $25,535 | 0.01% |
| 143 | AUTOZONE, INC. | AZO | 8 | $25,200 | 0.01% |
| 144 | Waste Connections Inc | WCN | 105 | $18,790 | 0.00% |
| 145 | ENCANA CORPORATION | OVV | 435 | $16,692 | 0.00% |
| 146 | CVS CORPORATION | CVS | 195 | $12,262 | 0.00% |
| 147 | BLACKROCK FUND ADVISORS | SLV | 400 | $11,364 | 0.00% |
| 148 | BLACKROCK FUND ADVISORS | IAU | 225 | $11,183 | 0.00% |
| 149 | TESLA INC | TSLA | 40 | $10,465 | 0.00% |
| 150 | ORGANIGRAM HOLDINGS INC | 68620P101 | 5,663 | $10,270 | 0.00% |
| 151 | CENOVUS ENERGY INC. | CVE | 600 | $10,046 | 0.00% |
| 152 | CANADIAN IMPERIAL BANK OF COMMERCE | CNDIF | 120 | $7,369 | 0.00% |
| 153 | BLACKROCK FUND ADVISORS | 464287465 | 75 | $6,272 | 0.00% |
| 154 | SNDL INC | SNDL | 2,900 | $5,974 | 0.00% |
| 155 | UNITED PARCEL SERVICE, INC | UPS | 40 | $5,454 | 0.00% |
| 156 | DENTSPLY INTERNATIONAL INC. | XRAY | 200 | $5,412 | 0.00% |
| 157 | HIVE BLOCKCHAIN TECHNOLOGIES | HIVE | 1,673 | $5,350 | 0.00% |
| 158 | MODERNA INC | MRNA | 62 | $4,143 | 0.00% |
| 159 | NUTRIEN LTD. | NTR | 80 | $3,845 | 0.00% |
| 160 | VANGUARD GROUP | 922908744 | 20 | $3,491 | 0.00% |
| 161 | GOLDMAN SACHS GROUP, INC. | NVGLF | 30 | $2,080 | 0.00% |
| 162 | APPLIED MATERIALS, INC. | 038222105 | 10 | $2,020 | 0.00% |
| 163 | THE VANGUARD GROUP INC. | 92204A504 | 7 | $1,975 | 0.00% |
| 164 | INTEL CORPORATION | INTC | 75 | $1,760 | 0.00% |
| 165 | METHANEX CORPORATION | MEOH | 20 | $827 | 0.00% |
| 166 | WABTEC CORPORATION | 929740108 | 4 | $727 | 0.00% |
| 167 | PAYPAL HOLDINGS INC | PYPL | 5 | $390 | 0.00% |
| 168 | MIND MEDICINE MINDMED INC | 60255C885 | 52 | $296 | 0.00% |
| 169 | EMBECTA CORP | EMBC | 17 | $240 | 0.00% |
| 170 | MYLAN INC. | VTRS | 12 | $139 | 0.00% |
| 171 | ZIMVIE INC | 98888T107 | 7 | $111 | 0.00% |
| 172 | WYNN RESORTS, LTD. | WYNN | 1 | $96 | 0.00% |
| 173 | MGM ressources | MGM | 1 | $39 | 0.00% |
| 174 | CANOPY GROWTH CORP | CGC | 2 | $10 | 0.00% |