Louisbourg Investments Inc. reported 186 positions worth $443.67M for the quarter ended Sep 30, 2026, up 3.1% on the prior quarter. It opened 11 new positions, added to 41, trimmed 67 and exited 11. Its largest holding is Shopify Inc. at 4% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| TOST Toast, Inc. | +220.8K | – | $4.91M | 1.11% |
| ASML Asml Holding Nv | +2,000 | +2,000.0% | $3.62M | 0.858% |
| MRSH Marsh & Mclennan Companies, Inc. | +25.7K | – | $3.31M | 0.746% |
| TSM Taiwan Semiconductor Manufacturing Co Ltd | +7,927 | +26.0% | $3.14M | 3.43% |
| GIL Gildan Activewear Inc. | +53.5K | +34.9% | $2.29M | 1.99% |
| SUNB Sunbelt Rentals Holdings, Inc. | +25.6K | +94.2% | $1.89M | 0.878% |
| URI United Rentals, Inc. | +2,106 | +57.1% | $1.72M | 1.07% |
| AVGO Broadcom Inc. | +5,689 | +19.9% | $1.64M | 2.23% |
| OTIS Otis Worldwide Corp | +30.3K | +29.4% | $1.53M | 1.52% |
| BN BROOKFIELD Corp | +41.4K | +15.3% | $1.51M | 2.56% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| TECK Teck Resources Ltd | -129.5K | -52.4% | $8.55M | 1.75% |
| HBM Hudbay Minerals Inc. | -220.1K | -100.0% | $5.19M | Exited |
| AG First Majestic Silver Corp | -304.7K | -100.0% | $5.16M | Exited |
| SHOP Shopify Inc. | -33.3K | -21.7% | $4.96M | 4.03% |
| CRM Salesforce, Inc. | -19.4K | -28.5% | $3.61M | 2.04% |
| CTSH Cognizant Technology Solutions Corp | -51.4K | -37.5% | $2.34M | 0.88% |
| CNQ CANADIAN NATURAL RESOURCES Ltd | -47.0K | -26.6% | $2.22M | 1.38% |
| TRI Thomson Reuters Corp | -18.5K | -20.7% | $1.80M | 1.56% |
| FNV FRANCO NEVADA Corp | -7,478 | -28.4% | $1.79M | 1.02% |
| A Agilent Technologies, Inc. | -11.3K | -31.2% | $1.63M | 0.808% |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| TOST Toast, Inc. | +220.8K | $4.91M | 1.11% |
| MRSH Marsh & Mclennan Companies, Inc. | +25.7K | $3.31M | 0.746% |
| MGA Magna International Inc | +2,910 | $185.95K | 0.042% |
| ITW Illinois Tool Works Inc | +195 | $50.17K | 0.011% |
| BMY Bristol Myers Squibb Co | +385 | $24.02K | <0.01% |
| AVY Avery Dennison Corp | +140 | $23.89K | <0.01% |
| KO Coca Cola Co | +270 | $23.24K | <0.01% |
| CI Cigna Group | +76 | $20.66K | <0.01% |
| HONA Honeywell Aerospace Inc. | +101 | $15.65K | <0.01% |
| GEV GE Vernova Inc. | +11 | $10.46K | <0.01% |
| Holding | Shares Sold | Trade Value | Prior Weight |
|---|---|---|---|
| HBM Hudbay Minerals Inc. | -220.1K | $5.19M | 1.21% |
| AG First Majestic Silver Corp | -304.7K | $5.16M | 1.2% |
| CBOE Cboe Global Markets, Inc. | -461 | $111.87K | 0.026% |
| COR Cencora, Inc. | -263 | $74.42K | 0.017% |
| RPRX Royalty Pharma plc | -502 | $28.15K | <0.01% |
| DGX Quest Diagnostics Inc | -117 | $24.80K | <0.01% |
| GD General Dynamics Corp | -68 | $24.09K | <0.01% |
| L Loews Corp | -210 | $23.77K | <0.01% |
| AZO Autozone Inc | -6 | $19.18K | <0.01% |
| TEM Tempus AI, Inc. | -70 | $4.06K | <0.01% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | SHOP Shopify Inc. | Technology | 120.3K | $17.89M | 4.03% | -33.3K | -21.7% | Reduced | 0.01% |
| 2 | MSFT Microsoft Corp | Technology | 41.6K | $17.23M | 3.88% | +230 | +0.6% | Added | 0% |
| 3 | TSM Taiwan Semiconductor Manufacturing Co Ltd | Technology | 38.5K | $15.24M | 3.43% | +7,927 | +26.0% | Added | 0% |
| 4 | CVE Cenovus Energy Inc. | Energy | 476.2K | $14.85M | 3.35% | -15.1K | -3.1% | Reduced | 0.03% |
| 5 | SU Suncor Energy Inc | Energy | 216.6K | $14.73M | 3.32% | -21.5K | -9.0% | Reduced | 0.02% |
| 6 | GOOG Alphabet Inc. | Technology | 44.9K | $12.74M | 2.87% | -311 | -0.7% | Reduced | 0% |
| 7 | BN BROOKFIELD Corp | Financial Services | 310.9K | $11.38M | 2.56% | +41.4K | +15.3% | Added | 0.01% |
| 8 | AMZN Amazon Com Inc | Consumer Discretionary | 52.2K | $10.39M | 2.34% | +2,339 | +4.7% | Added | 0% |
| 9 | AVGO Broadcom Inc. | Technology | 34.3K | $9.88M | 2.23% | +5,689 | +19.9% | Added | 0% |
| 10 | WPM Wheaton Precious Metals Corp. | Financial Services | 72.6K | $9.73M | 2.19% | +7,381 | +11.3% | Added | 0.02% |
| 11 | META Meta Platforms, Inc. | Technology | 16.1K | $9.43M | 2.13% | -1,098 | -6.4% | Reduced | 0% |
| 12 | CRM Salesforce, Inc. | Technology | 48.7K | $9.05M | 2.04% | -19.4K | -28.5% | Reduced | 0.01% |
| 13 | GIL Gildan Activewear Inc. | Consumer Discretionary | 207.1K | $8.85M | 1.99% | +53.5K | +34.9% | Added | 0.13% |
| 14 | CIGI Colliers International Group Inc. | Real Estate | 94.8K | $8.53M | 1.92% | +7,881 | +9.1% | Added | 0.19% |
| 15 | TECK Teck Resources Ltd | Basic Materials | 117.6K | $7.77M | 1.75% | -129.5K | -52.4% | Reduced | 0.02% |
Tip. Select a row to see that position’s full history at Louisbourg Investments.
As of its Q3 2026 13F filing, Louisbourg Investments Inc.’s five largest positions were Shopify Inc. (SHOP) at 4.0%, Microsoft Corp (MSFT) at 3.9%, Taiwan Semiconductor Manufacturing Co Ltd (TSM) at 3.4%, Cenovus Energy Inc. (CVE) at 3.3%, Suncor Energy Inc (SU) at 3.3% of the reported portfolio.
Louisbourg Investments Inc. reported a 13F portfolio worth $443.67M across 186 positions for Q3 2026. That is up 3.1% from the previous quarter.
Its largest purchases by value were Toast, Inc. ($4.91M), Asml Holding Nv ($3.62M), Marsh & Mclennan Companies, Inc. ($3.31M). It opened 11 new positions.
Its largest sales by value were Teck Resources Ltd ($8.55M), Hudbay Minerals Inc. ($5.19M), First Majestic Silver Corp ($5.16M). It exited 11 positions entirely.
From the Form 13F-HR reports Louisbourg Investments Inc. files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.