Arkolith/Funds/Louisbourg Investments Inc.

Louisbourg Investments Inc.

CIK 2053050
Holdings as of Jun 30, 2026·disclosed Jul 23, 2026·~23-day 13F lag·13F-HR
Active Filer

Louisbourg Investments Inc. holds a diversified book of 210 reported positions worth $542.1M as of Q2 2026 (disclosed Jul 23, 2026, a ~23-day 13F lag). This quarter Space Exploration Techn-CL A first appears in 13F filings, a listing rather than a purchase; they opened Blackberry Ltd and trimmed Canadian Natl Railway Co. Their largest long position is Canadian Natl Railway Co at 6% of the reported non-option book. Cloning the disclosed picks since 2025 would be +28% (+16.6%/yr). That is a simulation of the disclosed long book, not audited returns.

Opened
11
bought for the first time
+8 more · largest first
1 newly reportable · first quarter we see the security in 13F filings, a listing not a purchase
Sold out
18
exited the position entirely
+15 more · largest first, by prior value

Growth of $10,000: cloning the disclosed book

If you'd copied them
+28.2%
+16.6%/yr · since Jan '25
Their reported book
+28.7%
held from quarter-end
S&P 500
+29.1%
same window
$8K$9K$11K$12K$13KJan '25May '25Sep '25Jan '26May '26Sep '26
Louisbourg Investments Inc. (copied at disclosure) S&P 500

Growth of $10,000 cloning Louisbourg Investments Inc.'s disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~23 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.

How much sits in the biggest positions

Top-heavy: diversified book

Top 5 holdings
16%
Top 10 holdings
28%
Top 20 holdings
44%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Where the money is, by sector

92% mapped to company sectors

Information Technology
22%
Industrials
16%
Materials
12%
Consumer Discretionary
10%
Energy
9%
Financials
8%
ETFs / funds
7%
Real Estate
5%

+5 sectors below the cut, 10% together

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis

Bought
Trimmed / exited
Newly reportable· first quarter we see the security in 13F filings · position value, not a trade

Funds with the most overlap

Other tracked managers holding the same core names as Louisbourg Investments Inc.

Manager / fundShared namesTheir $ in those
Swiss Re Ltd32 / 80$1.0B
Mirae Asset Global Investments Co., Ltd.45 / 80$273.6B
Emerald Advisors, LLC18 / 80$628.0M
Hikari Tsushin, Inc.17 / 80$1.2B
JBF Capital, Inc.8 / 80$534.0M
Potomac Fund Management Inc14 / 80$2.7B
Barton Investment Management13 / 80$493.3M
Venator Management LLC8 / 80$284.7M

Ranked by the share of each fund's own book sitting in the names it shares with Louisbourg Investments Inc.: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.

Holdings: largest first

Bars show each position's share of the portfolio. Click a row for its position history.

210 positions
#SecurityValueShares% PortLast moveHistory
1Canadian National Railway Co
COM
$30.0M251.8K
5.5%
−12%
Reduced · −36K sh
2Shopify Inc
COM
$17.5M153.7K
3.2%
+24%
Added · +30K sh
3Teck Resources Ltd
COM
$14.7M247.1K
2.7%
+41%
Added · +71K sh
4Alphabet Inc
COM
$13.3M45.2K
2.5%
−12%
Reduced · −6K sh
5Ishares Core S&P 500 ETF
COM
$12.9M17.3K
2.4%
−6.5%
Reduced · −1K sh
6Suncor Energy Inc
COM
$12.8M238.1K
2.4%
+190%
Added · +156K sh
7TSMC
COM
$12.6M30.5K
2.3%
−19%
Reduced · −7K sh
8Microsoft Corp
COM
$12.4M41.3K
2.3%
−3.5%
Reduced · −1K sh
9Cenovus Energy Inc
COM
$12.2M491.3K
2.2%
+118%
Added · +266K sh
10Brookfield Corp
COM
$11.5M269.6K
2.1%
+1.7%
Added · +5K sh
11Vanguard S&P 500 ETF
COM
$9.9M14.3K
1.8%
+3.5%
Added · +482 sh
12Ishares Core Msci Eafe ETF
COM
$9.5M98.5K
1.8%
+3.5%
Added · +3K sh
13Amazon.com Inc
COM
$9.5M49.9K
1.8%
+0.9%
Added · +454 sh
14Broadcom Inc
COM
$9.0M28.6K
1.7%
−2.5%
Reduced · −724 sh
15Blackberry Ltd
COM
$8.6M679.4K
1.6%
New
New position
16Salesforce Inc
COM
$8.4M68.2K
1.6%
+26%
Added · +14K sh
17Colliers International Group I
COM
$8.1M86.9K
1.5%
+15%
Added · +11K sh
18Gildan Activewear Inc
COM
$7.9M153.5K
1.5%
−1.3%
Reduced · −2K sh
19Nutrien Ltd
COM
$7.8M123.3K
1.4%
+71%
Added · +51K sh
20Meta Platforms Inc
COM
$7.7M17.2K
1.4%
+16%
Added · +2K sh
21T-Mobile US Inc
COM
$7.4M56.4K
1.4%
+27%
Added · +12K sh
22Wheaton Precious Metals Corp
COM
$7.3M65.2K
1.4%
−24%
Reduced · −20K sh
23Thomson Reuters Corp
COM
$7.3M89.4K
1.3%
New
New position
24Mda Space Ltd
COM
$7.1M172.1K
1.3%
25×
Added · +165K sh
25Canadian Natural Resources Ltd
COM
$7.0M176.7K
1.3%
+33%
Added · +44K sh
26Stantec Inc
COM
$7.0M101.3K
1.3%
+29%
Added · +23K sh
27Pembina Pipeline Corp
COM
$6.5M141.5K
1.2%
+9.3%
Added · +12K sh
28Boyd Group Services Inc
COM
$6.4M68.1K
1.2%
+33%
Added · +17K sh
29Lightspeed Commerce Inc
COM
$6.0M578.0K
1.1%
−14%
Reduced · −95K sh
30Berkshire Hathaway Inc
COM
$6.0M8
1.1%
Held
31Boston Scientific Corp
COM
$6.0M183.0K
1.1%
+118%
Added · +99K sh
32Otis Worldwide Corp
COM
$5.8M103.1K
1.1%
+23%
Added · +19K sh
33Descartes Systems Group Inc
COM
$5.8M83.2K
1.1%
+4.4%
Added · +4K sh
34Becton Dickinson & Co
COM
$5.6M48.3K
1.0%
+4.7%
Added · +2K sh
35Costar Group Inc
COM
$5.5M256.3K
1.0%
+46%
Added · +81K sh
36Franco-Nevada Corp
COM
$5.5M26.4K
1.0%
−12%
Reduced · −3K sh
37Bank Of Nova Scotia
COM
$5.4M62.7K
1.0%
−30%
Reduced · −27K sh
38Jacobs Solutions Inc
COM
$5.4M53.3K
1.0%
+27%
Added · +11K sh
39Or Royalties Inc
COM
$5.4M169.4K
1.0%
−24%
Reduced · −52K sh
40Royal Bank Of Canada
COM
$5.3M25.7K
1.0%
−2.0%
Reduced · −522 sh
41Restaurant Brands Internationa
COM
$5.2M71.9K
1.0%
+20%
Added · +12K sh
42Hudbay Minerals Inc
COM
$5.2M220.1K
1.0%
−23%
Reduced · −66K sh
43First Majestic Silver Corp
COM
$5.2M304.7K
1.0%
+9.0%
Added · +25K sh
44Methanex Corp
COM
$5.0M108.8K
0.9%
5k×
Added · +109K sh
45Willis Towers Watson PLC
COM
$5.0M25.0K
0.9%
+11%
Added · +3K sh
46Abbott Laboratories
COM
$4.7M67.6K
0.9%
+14%
Added · +8K sh
47Vanguard Ftse Emerging Markets
COM
$4.6M77.3K
0.9%
+3.5%
Added · +3K sh
48Toronto-Dominion Bank
COM
$4.6M37.8K
0.8%
−20%
Reduced · −9K sh
49Walt Disney Co
COM
$4.5M58.8K
0.8%
−0.7%
Reduced · −431 sh
50Firstservice Corp
COM
$4.5M31.5K
0.8%
+3.6%
Added · +1K sh
Showing 50 of 210 positions
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Filing history

As-of date vs the date the SEC received each filing

$542.1M · Q2 2026Q3 2024 · $395.4MQ2 2026 · $542.1M

Reported 13F total per quarter. Raw filing totals can include option notional.

QuarterAs ofFiledLagPositionsValueForm
Q2 2026Jun 30, 2026Jul 23, 202623d210$542.1M13F-HR
Q1 2026Mar 31, 2026Apr 22, 202622d216$528.8M13F-HR
Q4 2025Dec 31, 2025Jan 16, 202616d213$501.9M13F-HR
Q3 2025Sep 30, 2025Oct 9, 20259d208$458.2M13F-HR
Q2 2025Jun 30, 2025Jul 24, 202524d200$424.3M13F-HR
Q1 2025Mar 31, 2025Apr 17, 202517d180$368.0M13F-HR
Q4 2024Dec 31, 2024Jan 29, 202529d169$381.0M13F-HR
Q3 2024Sep 30, 2024Jan 29, 2025121d174$395.4M13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. Book totals and portfolio weights cover reported non-option positions, which can include notes and warrants. Disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.