13F HOLDINGS REPORT
LOUISBOURG INVESTMENTS INC.
Quarter ended Q4 2024 · Filed January 29, 2025 · Accession 0002053050-25-000005
Total Value
$381.0M
Positions
169
Other Managers
0
Confidential Omitted
No
Holdings (169)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | CANADIAN NATIONAL RAILWAY COMPANY | 136375102 | 287,069 | $29.1M | 7.65% |
| 2 | SHOPIFY INC - CLASS A | SHOP | 110,219 | $11.7M | 3.08% |
| 3 | BANK OF NOVA SCOTIA | 064149107 | 211,809 | $11.4M | 2.98% |
| 4 | BROOKFIELD CORP | 11271J107 | 196,124 | $11.3M | 2.96% |
| 5 | GILDAN ACTIVEWEAR INC. | GIL | 234,146 | $11.0M | 2.89% |
| 6 | BLACKROCK FUND ADVISORS | 464287200 | 18,120 | $10.7M | 2.80% |
| 7 | TORONTO-DOMINION BANK | TORO | 192,027 | $10.2M | 2.68% |
| 8 | MICROSOFT CORPORATION | MSFT | 29,712 | $10.0M | 2.64% |
| 9 | GOOGLE INC. | GOOG | 53,868 | $8.2M | 2.16% |
| 10 | LIGHTSPEED COMMERCE INC | LSPD | 502,618 | $7.7M | 2.01% |
| 11 | INVESCO S&P 500 EQUAL WEIGHT | IVZ | 61,400 | $7.6M | 2.00% |
| 12 | ROGERS COMMUNICATIONS, INC. | RCIAF | 246,470 | $7.6M | 1.99% |
| 13 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD. | 874039100 | 42,330 | $7.1M | 1.87% |
| 14 | SALESFORCE.COM, INC. | CRM | 23,187 | $6.1M | 1.61% |
| 15 | BECTON, DICKINSON AND COMPANY | BDX | 34,765 | $6.1M | 1.59% |
| 16 | VANGUARD GROUP | 922908363 | 10,389 | $5.6M | 1.47% |
| 17 | SUNCOR ENERGY, INC. | SU | 154,521 | $5.5M | 1.45% |
| 18 | BERKSHIRE HATHAWAY INC. | BRK-A | 8 | $5.4M | 1.43% |
| 19 | CANADIAN NATURAL RESOURCES LIMITED | 136385101 | 175,652 | $5.4M | 1.42% |
| 20 | JOHNSON & JOHNSON | JNJ | 47,702 | $5.4M | 1.41% |
| 21 | TECK RESOURCES LTD. | TCKRF | 131,746 | $5.3M | 1.40% |
| 22 | BLACKROCK FUND ADVISORS | 46432F842 | 75,842 | $5.3M | 1.40% |
| 23 | META PLATFORMS INC | META | 11,446 | $5.1M | 1.34% |
| 24 | T-MOBILE US INC | TMUSZ | 28,758 | $5.0M | 1.32% |
| 25 | BROADCOM INC. | AVGO | 26,090 | $5.0M | 1.31% |
| 26 | RESTAURANT BRANDS INTERNATIONA | 76131D103 | 71,278 | $4.6M | 1.22% |
| 27 | AMAZON.COM, INC. | AMZN | 24,609 | $4.5M | 1.18% |
| 28 | WHEATON PRECIOUS METALS CORP. | WPM | 79,424 | $4.5M | 1.17% |
| 29 | Colliers International Group | 194693107 | 32,112 | $4.4M | 1.15% |
| 30 | CONOCOPHILLIPS | COP | 55,972 | $4.3M | 1.13% |
| 31 | COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION | CTSH | 70,031 | $4.2M | 1.10% |
| 32 | THE WALT DISNEY COMPANY | 254687106 | 47,499 | $4.2M | 1.10% |
| 33 | SANDSTORM GOLD LTD. | 80013R206 | 728,182 | $4.1M | 1.07% |
| 34 | NUTRIEN LTD. | NTR | 88,563 | $4.0M | 1.04% |
| 35 | ROYAL BANK OF CANADA | 780087102 | 31,897 | $3.8M | 1.01% |
| 36 | ABBOTT LABORATORIES | ABLZF | 42,249 | $3.7M | 0.97% |
| 37 | Willis Tower Watson PLC | WTW | 15,491 | $3.7M | 0.96% |
| 38 | FORTIS, INC. | FTRSF | 85,597 | $3.6M | 0.93% |
| 39 | TRANSALTA CORPORATION | TACPF | 243,300 | $3.4M | 0.90% |
| 40 | JACOB SOLUTIONS INC | J | 31,768 | $3.4M | 0.90% |
| 41 | STANTEC INC. | STN | 43,819 | $3.4M | 0.90% |
| 42 | VISA INC. | V | 13,889 | $3.4M | 0.90% |
| 43 | AGILENT TECHNOLOGIES, INC. | A | 31,620 | $3.4M | 0.90% |
| 44 | CANADIAN PACIFIC RAILWAY LIMITED | CP | 47,041 | $3.4M | 0.89% |
| 45 | UNITED RENTALS INC | URI | 5,784 | $3.3M | 0.86% |
| 46 | OPEN TEXT CORPORATION | OTEX | 116,174 | $3.3M | 0.86% |
| 47 | CBRE GROUP, INC. | CBRE | 29,685 | $3.3M | 0.86% |
| 48 | CENTERPOINT ENERGY, INC. | CNP | 141,088 | $3.2M | 0.85% |
| 49 | ORACLE CORPORATION | ORCL-PD | 19,839 | $3.0M | 0.80% |
| 50 | LEIDOS HOLDINGS INC | LDOS | 25,206 | $3.0M | 0.79% |
| 51 | CELESTICA INC. | CLS | 32,100 | $3.0M | 0.78% |
| 52 | OSISKO GOLD ROYALTIES LTD. | 68827L101 | 156,637 | $2.8M | 0.74% |
| 53 | DOLLAR TREE, INC. | DLTR | 49,750 | $2.8M | 0.74% |
| 54 | BROOKFIELD ASSET MANAGEMENT INC. | 113004105 | 49,552 | $2.7M | 0.71% |
| 55 | KINROSS GOLD CORPORATION | KGCRF | 282,500 | $2.6M | 0.69% |
| 56 | ACCENTURE PLC | ACN | 8,855 | $2.6M | 0.69% |
| 57 | AGNICO-EAGLE MINES LIMITED | AEM | 32,700 | $2.6M | 0.67% |
| 58 | MCDONALD'S CORPORATION | MCD | 10,177 | $2.5M | 0.65% |
| 59 | BANK OF NEW YORK MELLON CORPORATION | 064058100 | 44,113 | $2.5M | 0.64% |
| 60 | UNITED TECHNOLOGIES CORPORATION | OTIS | 32,164 | $2.4M | 0.64% |
| 61 | THE VANGUARD GROUP INC. | 922042858 | 55,312 | $2.4M | 0.64% |
| 62 | UNION PACIFIC CORPORATION | UNP | 12,893 | $2.3M | 0.62% |
| 63 | CGI INC. | GIB | 20,627 | $2.3M | 0.59% |
| 64 | COSTCO WHOLESALE CORPORATION | 22160K105 | 2,200 | $2.0M | 0.53% |
| 65 | ROSS STORES, INC. | ROST | 16,465 | $2.0M | 0.52% |
| 66 | ULTA BEAUTY INC | ULTA | 5,647 | $1.9M | 0.49% |
| 67 | ENTEGRIS INC | ENTG | 21,765 | $1.8M | 0.47% |
| 68 | GREENFIRE RESOURCES LTD | 39525U107 | 253,479 | $1.8M | 0.47% |
| 69 | DOLLAR GENERAL CORP. | 256677105 | 29,752 | $1.6M | 0.43% |
| 70 | DOCEBO INC | DCBO | 36,465 | $1.6M | 0.43% |
| 71 | HOME DEPOT, INC. (THE) | HD | 4,100 | $1.6M | 0.42% |
| 72 | WAL-MART STORES, INC. | WMT | 17,150 | $1.5M | 0.41% |
| 73 | WELLS FARGO & COMPANY | 949746101 | 29,244 | $1.5M | 0.39% |
| 74 | DIAGEO PLC | DGEAF | 10,826 | $1.4M | 0.36% |
| 75 | GOLDMAN SACHS GROUP, INC. | GSCE | 3,354 | $1.4M | 0.36% |
| 76 | KKR & CO INC | KKRT | 10,442 | $1.3M | 0.33% |
| 77 | TJX COMPANIES, INC. | 872540109 | 10,500 | $1.3M | 0.33% |
| 78 | THOMSON REUTERS CORPORATION | TMSOF | 7,822 | $1.3M | 0.33% |
| 79 | MARSH & MCLENNAN COMPANIES, INC. | 571748102 | 8,211 | $1.2M | 0.32% |
| 80 | GOOGLE INC. | GOOG | 6,365 | $1.2M | 0.32% |
| 81 | ROYAL DUTCH SHELL PLC | RYDAF | 18,290 | $1.1M | 0.30% |
| 82 | KLA-TENCOR CORPORATION | KLAC | 2,216 | $988,369 | 0.26% |
| 83 | NETFLIX INC. | NFLX | 1,206 | $975,808 | 0.26% |
| 84 | BOSTON SCIENTIFIC . COM | BSX | 13,135 | $887,057 | 0.23% |
| 85 | BANK OF MONTREAL | 063671101 | 8,428 | $817,777 | 0.21% |
| 86 | BLACKROCK FUND ADVISORS | 464288372 | 14,596 | $762,933 | 0.20% |
| 87 | SAP SE | SAPGF | 3,080 | $758,327 | 0.20% |
| 88 | ENBRIDGE INC. | ENNPF | 16,061 | $681,325 | 0.18% |
| 89 | ASML HOLDINGS NY REG ADR | ASMLF | 900 | $623,772 | 0.16% |
| 90 | APPLE INC. | AAPL | 2,940 | $621,785 | 0.16% |
| 91 | BP PLC | BPPFF | 19,680 | $581,741 | 0.15% |
| 92 | DESCARTES SYSTEMS GROUP INC. | 249906108 | 5,090 | $578,296 | 0.15% |
| 93 | NVIDIA CORPORATION | NVDA | 4,242 | $569,658 | 0.15% |
| 94 | RIO TINTO PLC | RTNTF | 9,680 | $569,281 | 0.15% |
| 95 | BERKSHIRE HATHAWAY INC. | BRK-A | 1,208 | $547,562 | 0.14% |
| 96 | BHP BILLITON LIMITED | BHPLF | 11,080 | $541,036 | 0.14% |
| 97 | MITSUBISHI UFJ FINANCIAL GROUP, INC. | 606822104 | 45,310 | $531,033 | 0.14% |
| 98 | TRANSCANADA CORPORATION | TRPRF | 10,975 | $511,205 | 0.13% |
| 99 | VANGUARD GROUP | 921943858 | 10,000 | $478,200 | 0.13% |
| 100 | AMGEN INC. | AMGN | 1,700 | $443,088 | 0.12% |
| 101 | TELUS CORPORATION | TU | 31,610 | $428,368 | 0.11% |
| 102 | STATE STREET CORPORATION | SPY | 723 | $423,736 | 0.11% |
| 103 | TOYOTA MOTOR CORPORATION | TOYOF | 2,140 | $416,465 | 0.11% |
| 104 | TOTAL SA | TTE | 7,240 | $394,580 | 0.10% |
| 105 | SUMITOMO MITSUI FINANCIAL GROUP, INC. | 86562M209 | 26,652 | $386,187 | 0.10% |
| 106 | MANULIFE FINANCIAL CORPORATION | 56501R106 | 12,493 | $383,598 | 0.10% |
| 107 | ABBVIE INC. | ABBV | 2,129 | $378,323 | 0.10% |
| 108 | NIKE, INC. | NKE | 4,500 | $340,515 | 0.09% |
| 109 | PEMBINA PIPELINE CORPORATION | PPLOF | 8,294 | $306,282 | 0.08% |
| 110 | PAYCHEX, INC. | PAYX | 1,200 | $168,264 | 0.04% |
| 111 | CHECK POINT SOFTWARE TECH | M22465104 | 805 | $150,293 | 0.04% |
| 112 | CENCORA INC | COR | 488 | $109,644 | 0.03% |
| 113 | ENTERGY CORPORATION | ENO | 1,400 | $106,148 | 0.03% |
| 114 | O'REILLY AUTOMOTIVE, INC. | 67103H107 | 89 | $105,536 | 0.03% |
| 115 | BCE INC. | BCPPF | 4,400 | $101,939 | 0.03% |
| 116 | INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM) | INTR | 432 | $94,967 | 0.02% |
| 117 | DUKE ENERGY CORPORATION | DUKB | 800 | $86,192 | 0.02% |
| 118 | SUN LIFE FINANCIAL INC. | SUNFF | 1,252 | $74,300 | 0.02% |
| 119 | UNITED TECHNOLOGIES CORPORATION | RTX | 635 | $73,482 | 0.02% |
| 120 | CHEVRON CORPORATION | CVX | 500 | $72,420 | 0.02% |
| 121 | LOCKHEED MARTIN CORPORATION | LMT | 134 | $65,116 | 0.02% |
| 122 | BROOKFIELD INFRASTRUCTURE PARTNERS | G16252101 | 2,004 | $63,651 | 0.02% |
| 123 | PFIZER INC. | PFE | 1,700 | $45,101 | 0.01% |
| 124 | ALTRIA GROUP, INC. | MO | 860 | $44,969 | 0.01% |
| 125 | MERCK & CO., INC. | MRK | 402 | $39,991 | 0.01% |
| 126 | NEXTERA ENERGY, INC. | NEE-PW | 440 | $31,544 | 0.01% |
| 127 | MOTOROLA SOLUTIONS, INC. | MSI | 68 | $31,432 | 0.01% |
| 128 | VERISIGN INC. | VRSN | 150 | $31,044 | 0.01% |
| 129 | AUTOMATIC DATA PROCESSING, INC. | ADP | 106 | $31,029 | 0.01% |
| 130 | CISCO SYSTEMS, INC. | CSCO | 515 | $30,488 | 0.01% |
| 131 | REPUBLIC SERVICES, INC. | 760759100 | 148 | $29,775 | 0.01% |
| 132 | YUM! BRANDS, INC | YUM | 194 | $26,027 | 0.01% |
| 133 | AUTOZONE, INC. | AZO | 8 | $25,616 | 0.01% |
| 134 | LINDE PLC | LIN | 60 | $25,120 | 0.01% |
| 135 | WASTE MANAGEMENT INC | 94106L109 | 123 | $24,820 | 0.01% |
| 136 | ROPER INDUSTRIES, INC. | ROP | 47 | $24,433 | 0.01% |
| 137 | BARRICK GOLD CORPORATION | 067901108 | 1,575 | $24,410 | 0.01% |
| 138 | COLGATE-PALMOLIVE COMPANY | CL | 264 | $24,000 | 0.01% |
| 139 | KIMBERLY-CLARK CORPORATION | KMB | 170 | $22,277 | 0.01% |
| 140 | NEWMONT GOLDCORP CORPORATION | NEMCL | 541 | $20,133 | 0.01% |
| 141 | Waste Connections Inc | WCN | 105 | $18,004 | 0.00% |
| 142 | ENCANA CORPORATION | OVV | 347 | $14,049 | 0.00% |
| 143 | BLACKROCK FUND ADVISORS | IAU | 200 | $9,902 | 0.00% |
| 144 | CENOVUS ENERGY INC. | CVE | 600 | $9,091 | 0.00% |
| 145 | LITHIUM AMERICAS CORP | LTUM | 2,690 | $8,043 | 0.00% |
| 146 | ORGANIGRAM HOLDINGS INC | 68620P101 | 5,000 | $7,996 | 0.00% |
| 147 | BLACKROCK FUND ADVISORS | SLV | 300 | $7,899 | 0.00% |
| 148 | CVS CORPORATION | CVS | 175 | $7,856 | 0.00% |
| 149 | CANADIAN IMPERIAL BANK OF COMMERCE | CNDIF | 120 | $7,587 | 0.00% |
| 150 | BLACKROCK FUND ADVISORS | 464287465 | 75 | $5,671 | 0.00% |
| 151 | SNDL INC | SNDL | 2,900 | $5,191 | 0.00% |
| 152 | UNITED PARCEL SERVICE, INC | UPS | 40 | $5,044 | 0.00% |
| 153 | HIVE BLOCKCHAIN TECHNOLOGIES | HIVE | 1,673 | $4,781 | 0.00% |
| 154 | NUTRIEN LTD. | NTR | 80 | $3,580 | 0.00% |
| 155 | MODERNA INC | MRNA | 62 | $2,578 | 0.00% |
| 156 | GOLDMAN SACHS GROUP, INC. | NVGLF | 30 | $2,074 | 0.00% |
| 157 | DENTSPLY INTERNATIONAL INC. | XRAY | 100 | $1,898 | 0.00% |
| 158 | APPLIED MATERIALS, INC. | 038222105 | 10 | $1,626 | 0.00% |
| 159 | INTEL CORPORATION | INTC | 60 | $1,203 | 0.00% |
| 160 | METHANEX CORPORATION | MEOH | 20 | $999 | 0.00% |
| 161 | WABTEC CORPORATION | 929740108 | 4 | $758 | 0.00% |
| 162 | PAYPAL HOLDINGS INC | PYPL | 5 | $427 | 0.00% |
| 163 | MIND MEDICINE MINDMED INC | 60255C885 | 52 | $362 | 0.00% |
| 164 | EMBECTA CORP | EMBC | 17 | $351 | 0.00% |
| 165 | MYLAN INC. | VTRS | 12 | $149 | 0.00% |
| 166 | ZIMVIE INC | 98888T107 | 7 | $98 | 0.00% |
| 167 | WYNN RESORTS, LTD. | WYNN | 1 | $86 | 0.00% |
| 168 | MGM ressources | MGM | 1 | $35 | 0.00% |
| 169 | CANOPY GROWTH CORP | CGC | 2 | $5 | 0.00% |