DaveManuel.com · Institutional Ownership · 13F Holdings
LOUISBOURG INVESTMENTS INC.
Reported holdings as of Q3 2026, from 12 quarterly filings.
Holdings
Download these holdings as CSV
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| CANADIAN NATL RY CO | CNI | $26.9M | 225,172 | -0.60pp | 12q | -10.6%-$3.2M | |
| SHOPIFY INC | SHOP | $17.9M | 120,336 | +0.04pp | 12q | -21.7%-$5.0M | |
| MICROSOFT CORP | MSFT | $17.2M | 41,557 | +0.87pp | 12q | +0.6%+$95.3K | |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | $15.2M | 38,457 | +0.47pp | 12q | +26.0%+$3.1M | |
| CENOVUS ENERGY INC | CVE | $14.8M | 476,223 | +0.48pp | 12q | -3.1%-$471.6K | |
| SUNCOR ENERGY INC NEW | SU | $14.7M | 216,617 | +0.34pp | 12q | -9.0%-$1.5M | |
| ISHARES TR | IVV | $13.0M | 16,920 | -0.01pp | 12q | -1.9%-$252.7K | |
| ALPHABET INC | GOOG | $12.7M | 44,870 | -0.12pp | 12q | -0.7%-$88.3K | |
| BROOKFIELD CORP | BN | $11.4M | 310,924 | -0.03pp | 12q | +15.3%+$1.5M | |
| AMAZON COM INC | AMZN | $10.4M | 52,214 | +0.15pp | 12q | +4.7%+$465.3K | |
| VANGUARD INDEX FDS | VOO | $10.1M | 14,417 | +0.04pp | 12q | HELD | |
| BROADCOM INC | AVGO | $9.9M | 34,311 | +0.15pp | 12q | +19.9%+$1.6M | |
| WHEATON PRECIOUS METALS CORP | WPM | $9.7M | 72,610 | +0.43pp | 12q | +11.3%+$988.7K | |
| ISHARES TR | IEFA | $9.6M | 99,389 | +0.01pp | 12q | +0.9%+$85.1K | |
| META PLATFORMS INC | META | $9.4M | 16,126 | +0.30pp | 12q | -6.4%-$642.2K | |
| SALESFORCE INC | CRM | $9.1M | 48,717 | +0.10pp | 12q | -28.5%-$3.6M | |
| GILDAN ACTIVEWEAR INC | GIL | $8.8M | 207,050 | +0.17pp | 12q | +34.9%+$2.3M | |
| COLLIERS INTL GROUP INC | CIGI | $8.5M | 94,813 | +0.06pp | 12q | +9.1%+$708.6K | |
| BOYD GROUP SERVICES INC | BGSI | $8.0M | 101,197 | +0.27pp | 4q | +48.7%+$2.6M | |
| TECK RESOURCES LTD | TECK | $7.8M | 117,642 | -1.29pp | 12q | -52.4%-$8.6M | |
| T MOBILE US INC | TMUS | $7.6M | 60,189 | +0.04pp | 12q | +6.7%+$482.0K | |
| NUTRIEN LTD | NTR | $7.6M | 107,929 | -0.04pp | 12q | -12.5%-$1.1M | |
| OR ROYALTIES INC. | OR | $7.3M | 212,505 | +0.35pp | 6q | +25.4%+$1.5M | |
| STANTEC INC | STN | $7.2M | 106,435 | +0.03pp | 12q | +5.1%+$350.5K | |
| THOMSON REUTERS CORP | TRI | $6.9M | 70,964 | -0.07pp | 2q | -20.7%-$1.8M | |
| BLACKBERRY LTD | BB | $6.9M | 762,100 | -0.31pp | 2q | +12.2%+$748.4K | |
| OTIS WORLDWIDE CORP | OTIS | $6.7M | 133,325 | +0.16pp | 12q | +29.4%+$1.5M | |
| LIGHTSPEED COMMERCE INC | LSPD | $6.6M | 676,164 | +0.10pp | 12q | +17.0%+$961.9K | |
| BOSTON SCIENTIFIC CORP | BSX | $6.6M | 194,330 | +0.11pp | 12q | +6.2%+$385.0K | |
| METHANEX CORP | MEOH | $6.2M | 105,920 | +0.22pp | 12q | -2.7%-$170.6K | |
| BECTON DICKINSON CO | BDX | $6.2M | 44,940 | +0.10pp | 12q | -7.0%-$467.8K | |
| CANADIAN NAT RES LTD MED TER | CNQ | $6.1M | 129,628 | -0.17pp | 12q | -26.6%-$2.2M | |
| BERKSHIRE HATHAWAY INC DEL | BRKA | $6.0M | 8 | -0.01pp | 12q | HELD | |
| Rogers Communications, Inc. | RCI | $5.5M | 179,077 | +0.22pp | 12q | +35.7%+$1.5M | |
| PEMBINA PIPELINE CORP | PBA | $5.5M | 123,229 | -0.19pp | 12q | -12.9%-$817.1K | |
| JACOBS SOLUTIONS INC | J | $5.4M | 49,198 | -0.01pp | 12q | -7.7%-$455.9K | |
| DISNEY WALT CO | DIS | $5.4M | 65,156 | +0.16pp | 12q | +10.9%+$531.3K | |
| BANK NOVA SCOTIA B C | BNS | $5.3M | 58,102 | -0.03pp | 12q | -7.3%-$419.8K | |
| COSTAR GROUP INC | CSGP | $5.2M | 244,425 | -0.06pp | 6q | -4.6%-$254.0K | |
| CONOCOPHILLIPS | COP | $4.9M | 51,146 | +0.16pp | 12q | +0.7%+$35.4K | |
| TOAST INC | TOST | $4.9M | 220,811 | - | new | NEW | |
| WILLIS TOWERS WATSON PLC LTD | WTW | $4.8M | 21,429 | -0.05pp | 12q | -14.3%-$794.5K | |
| ROYAL BK CDA | RY | $4.8M | 24,224 | -0.10pp | 12q | -5.8%-$292.2K | |
| UNITED RENTALS INC | URI | $4.7M | 5,795 | +0.20pp | 11q | +57.1%+$1.7M | |
| DESCARTES SYS GROUP INC | DSGX | $4.7M | 58,115 | -0.20pp | 12q | -30.2%-$2.0M | |
| VANGUARD INTL EQUITY INDEX F | VWO | $4.6M | 77,261 | -0.01pp | 12q | HELD | |
| ABBOTT LABORATORIES | ABT | $4.5M | 58,775 | -0.04pp | 12q | -13.1%-$686.2K | |
| FRANCO NEV CORP | FNV | $4.5M | 18,885 | -0.19pp | 3q | -28.4%-$1.8M | |
| FIRSTSERVICE CORP NEW | FSV | $4.3M | 33,297 | -0.04pp | 4q | +5.7%+$232.1K | |
| GREENFIRE RES LTD NEW | GFR | $4.1M | 730,816 | +0.07pp | 8q | +10.4%+$388.1K | |
| TORONTO DOMINION BK ONT | TD | $4.1M | 34,779 | -0.09pp | 12q | -7.9%-$353.1K | |
| CBRE GROUP INC | CBRE | $4.0M | 38,535 | -0.04pp | 10q | HELD | |
| COGNIZANT TECHNOLOGY SOLUTIO | CTSH | $3.9M | 85,728 | -0.05pp | 12q | -37.5%-$2.3M | |
| SUNBELT RENTALS HOLDINGS INC | SUNB | $3.9M | 52,798 | +0.36pp | 3q | +94.2%+$1.9M | |
| RESTAURANT BRANDS INTL INC | QSR | $3.9M | 54,111 | -0.25pp | 12q | -24.8%-$1.3M | |
| ASML HLDG NV | ASML | $3.8M | 2,100 | +0.66pp | 8q | +2000.0%+$3.6M | |
| NETFLIX INC. | NFLX | $3.8M | 68,089 | +0.14pp | 12q | +30.0%+$878.1K | |
| SAP SE | SAP | $3.7M | 17,880 | +0.07pp | 12q | -17.5%-$792.2K | |
| DOLLAR TREE INC | DLTR | $3.6M | 40,087 | -0.07pp | 12q | -3.2%-$119.8K | |
| AGILENT TECHNOLOGIES INC | A | $3.6M | 24,794 | -0.07pp | 12q | -31.2%-$1.6M | |
| VISA INC | V | $3.6M | 12,961 | +0.03pp | 12q | +0.7%+$25.3K | |
| KKR & CO INC | KKR | $3.4M | 47,706 | flat | 12q | +0.6%+$20.1K | |
| MARSH & MCLENNAN COS INC | MRSH | $3.3M | 25,742 | - | new | NEW | |
| ALLEGION PLC | ALLE | $3.3M | 26,416 | flat | 6q | -8.3%-$296.8K | |
| DOLLAR GEN CORP | DG | $3.2M | 35,638 | +0.03pp | 12q | +0.8%+$24.8K | |
| CGI INC | GIB | $3.2M | 47,173 | -0.09pp | 12q | -17.4%-$677.3K | |
| ELEMENTAL RTY CORP | ELE | $3.0M | 154,504 | -0.13pp | 3q | -26.1%-$1.0M | |
| METALLA RTY & STREAMING LTD | MTA | $2.9M | 308,352 | +0.04pp | 3q | -13.2%-$445.1K | |
| BANK OF NY MELLON CORP | BNY | $2.9M | 26,742 | -0.06pp | 12q | -10.5%-$342.9K | |
| ULTA BEAUTY INC | ULTA | $2.9M | 6,806 | +0.09pp | 9q | +0.8%+$21.8K | |
| DANAHER CORP DEL | DHR | $2.8M | 16,701 | -0.06pp | 5q | -23.6%-$864.3K | |
| TETRA TECH INC NEW | TTEK | $2.7M | 98,867 | -0.13pp | 3q | -32.9%-$1.3M | |
| DOCEBO INC | DCBO | $2.5M | 106,048 | -0.08pp | 12q | -33.7%-$1.3M | |
| ENTEGRIS INC | ENTG | $2.4M | 20,397 | +0.18pp | 8q | +99.9%+$1.2M | |
| ATS CORPORATION | ATS | $2.3M | 129,312 | -0.16pp | 6q | +16.4%+$330.1K | |
| UNION PAC CORP | UNP | $2.3M | 9,587 | flat | 12q | HELD | |
| JOHNSON & JOHNSON | JNJ | $2.3M | 9,300 | -0.02pp | 12q | -6.9%-$166.1K | |
| ALPHABET INC | GOOGL | $2.2M | 6,300 | -0.02pp | 12q | HELD | |
| MCDONALDS CORP | MCD | $2.1M | 10,686 | -0.06pp | 12q | +0.6%+$12.9K | |
| COSTCO WHOLESALE CORPORATION | COST | $2.0M | 2,200 | -0.01pp | 12q | HELD | |
| WELLS FARGO & CO | WFC | $1.9M | 32,348 | -0.01pp | 12q | +0.8%+$15.4K | |
| WALMART INC | WMT | $1.7M | 16,500 | -0.04pp | 12q | -2.9%-$52.0K | |
| INVESCO EXCHANGE TRADED FD T | RSP | $1.5M | 9,678 | +0.27pp | 9q | +3484.4%+$1.4M | |
| SHELL PLC | SHEL | $1.4M | 14,490 | +0.05pp | 12q | HELD | |
| TJX COS INC NEW | TJX | $1.3M | 9,948 | -0.06pp | 12q | -8.2%-$117.9K | |
| ACCENTURE PLC IRELAND | ACN | $1.3M | 8,747 | +0.06pp | 9q | -5.6%-$74.1K | |
| ISHARES TR | IGF | $1.2M | 19,676 | -0.02pp | 12q | HELD | |
| MITSUBISHI UFJ FINANCIAL GRO | MUFG | $1.2M | 52,032 | +0.03pp | 12q | HELD | |
| BANK OF MONTREAL | BMO | $1.2M | 7,122 | -0.06pp | 12q | -15.4%-$218.0K | |
| SUMITOMO MITSUI FIN GRP INC | SMFG | $1.2M | 44,652 | +0.02pp | 12q | HELD | |
| HOME DEPOT INC | HD | $1.1M | 3,800 | -0.06pp | 12q | -5.0%-$56.9K | |
| BHP BILLITON LIMITED | BHP | $1.1M | 12,680 | flat | 12q | HELD | |
| FORTIS INC | FTS | $1.1M | 19,872 | -0.06pp | 12q | -18.5%-$238.4K | |
| Rio Tinto PLC | RIO | $1.0M | 11,080 | flat | 12q | HELD | |
| NVIDIA CORPORATION | NVDA | $976.3K | 4,275 | +0.02pp | 12q | HELD | |
| ROSS STORES INC | ROST | $839.1K | 4,076 | -0.01pp | 12q | -12.9%-$123.7K | |
| CANADIAN PACIFIC KANSAS CITY | CP | $755.7K | 8,846 | -0.19pp | 12q | -57.4%-$1.0M | |
| APPLE INC | AAPL | $731.7K | 2,640 | +0.02pp | 12q | HELD | |
| ENBRIDGE INC | ENB | $724.8K | 15,546 | -0.05pp | 12q | -17.2%-$150.9K | |
| AMGEN INC | AMGN | $716.6K | 1,700 | +0.02pp | 12q | HELD | |
| VANGUARD TAX-MANAGED FDS | VEA | $706.1K | 10,000 | flat | 12q | HELD | |
| TOTALENERGIES SE | TTE | $704.5K | 8,240 | +0.01pp | 4q | HELD | |
| KLA CORP | KLAC | $702.7K | 4,471 | +0.03pp | 8q | +145.7%+$416.7K | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $668.7K | 1,343 | flat | 12q | -1.1%-$7.5K | |
| TC ENERGY CORP | TRP | $663.2K | 11,421 | -0.01pp | 12q | +3.0%+$19.1K | |
| BP PLC | BP | $584.2K | 13,280 | +0.02pp | 12q | HELD | |
| GOLDMAN SACHS GROUP INC | GS | $519.5K | 770 | -0.01pp | 12q | +0.8%+$4.0K | |
| CENTERPOINT ENERGY INC | CNP | $518.7K | 17,760 | -0.11pp | 12q | -45.1%-$425.6K | |
| MANULIFE FINL CORP | MFC | $486.0K | 11,372 | flat | 12q | -2.6%-$12.8K | |
| ABBVIE INC | ABBV | $364.9K | 1,395 | flat | 12q | HELD | |
| BARRICK MNG CORP | B | $312.8K | 7,670 | flat | 6q | -5.8%-$19.4K | |
| Sun Life Financial, Inc. | SLF | $311.6K | 3,986 | -0.01pp | 12q | -9.1%-$31.3K | |
| EMERA INC | EMA | $306.8K | 6,400 | -0.01pp | 6q | HELD | |
| STATE STR SPDR S&P 500 ETF T | SPY | $275.3K | 361 | flat | 12q | -1.9%-$5.3K | |
| ARISTA NETWORKS INC | ANET | $264.7K | 1,300 | +0.01pp | 7q | +5.7%+$14.3K | |
| MDA SPACE LTD | MDA | $240.6K | 8,100 | -1.27pp | 3q | -95.3%-$4.9M | |
| INVESCO LTD | IVZ | $209.6K | 6,950 | flat | 4q | -4.1%-$9.0K | |
| DEVON ENERGY CORP NEW | DVN | $207.2K | 4,500 | flat | 2q | -2.2%-$4.6K | |
| GE HEALTHCARE TECHNOLOGIES I | GEHC | $205.6K | 3,145 | flat | 6q | +1.1%+$2.3K | |
| MASTERCARD INCORPORATED | MA | $198.0K | 359 | flat | 7q | -4.0%-$8.3K | |
| UNIVERSAL HLTH SVCS INC | UHS | $195.2K | 1,120 | flat | 7q | -8.6%-$18.3K | |
| KROGER CO | KR | $194.9K | 3,325 | +0.01pp | 6q | +18.3%+$30.2K | |
| MAGNA INTL INC | MGA | $185.9K | 2,910 | - | new | NEW | |
| CISCO SYS INC | CSCO | $185.7K | 1,725 | flat | 12q | +4.5%+$8.1K | |
| AGNICO EAGLE MINES LTD | AEM | $185.5K | 1,010 | +0.01pp | 6q | +4.1%+$7.3K | |
| SNAP ON INC | SNA | $185.3K | 510 | -0.01pp | 6q | -7.3%-$14.5K | |
| FOX CORP | FOXA | $178.6K | 2,850 | flat | 7q | -5.0%-$9.4K | |
| BROOKFIELD INFRASTRUCTURE PA | BIP | $172.4K | 4,828 | flat | 12q | HELD | |
| CAPITAL ONE FINL CORP | COF | $168.0K | 870 | flat | 6q | -3.9%-$6.8K | |
| NIKE INC | NKE | $159.3K | 4,500 | flat | 12q | HELD | |
| DOW HLDGS INC | DOW | $143.9K | 5,225 | flat | 2q | -10.3%-$16.5K | |
| ENTERGY CORP NEW | ETR | $139.0K | 1,400 | flat | 12q | HELD | |
| PAYCHEX INC | PAYX | $118.2K | 1,200 | flat | 12q | -18.1%-$26.1K | |
| RTX CORPORATION | RTX | $117.9K | 635 | flat | 11q | HELD | |
| MOTOROLA SOLUTIONS INC | MSI | $117.3K | 263 | +0.02pp | 11q | +353.4%+$91.4K | |
| ISHARES TR | EFA | $106.0K | 1,020 | flat | 12q | HELD | |
| CHEVRON CORPORATION | CVX | $102.1K | 500 | flat | 12q | HELD | |
| DUKE ENERGY CORP NEW | DUK | $91.2K | 800 | flat | 12q | HELD | |
| ARK ETF TR | ARKX | $65.4K | 2,050 | flat | 2q | +5.1%+$3.2K | |
| BROOKFIELD ASSET MANAGMT LTD | BAM | $62.7K | 1,400 | flat | 12q | HELD | |
| SPDR SERIES TRUST | SDY | $60.8K | 415 | flat | 5q | -9.8%-$6.6K | |
| CME GROUP INC | CME | $58.2K | 222 | -0.01pp | 6q | -51.2%-$61.0K | |
| SELECT SECTOR SPDR TR | XLV | $58.1K | 345 | flat | 5q | HELD | |
| ILLINOIS TOOL WKS INC | ITW | $50.2K | 195 | - | new | NEW | |
| TELUS CORPORATION | TU | $47.5K | 5,639 | flat | 12q | +21.6%+$8.4K | |
| ALTRIA GROUP INC | MO | $39.8K | 591 | flat | 12q | -32.4%-$19.1K | |
| South Bow Corp | SOBO | $39.7K | 1,195 | flat | 7q | HELD | |
| NEWMONT CORP | NEM | $35.2K | 305 | flat | 12q | HELD | |
| O'REILLY AUTOMOTIVE INC | ORLY | $30.7K | 360 | -0.01pp | 12q | -51.4%-$32.5K | |
| VERISIGN INC | VRSN | $25.7K | 91 | flat | 12q | HELD | |
| MCKESSON CORP | MCK | $24.8K | 29 | -0.01pp | 5q | -76.6%-$81.1K | |
| BRISTOL-MYERS SQUIBB CO | BMY | $24.0K | 385 | - | new | NEW | |
| AUTOMATIC DATA PROCESSING IN | ADP | $24.0K | 93 | flat | 5q | -21.8%-$6.7K | |
| AVERY DENNISON CORP | AVY | $23.9K | 140 | - | new | NEW | |
| LINDE PLC | LIN | $23.7K | 50 | flat | 11q | HELD | |
| COCA COLA CO | KO | $23.2K | 270 | - | new | NEW | |
| ROPER TECHNOLOGIES INC | ROP | $23.1K | 66 | flat | 12q | HELD | |
| CHUBB LIMITED | CB | $22.8K | 70 | flat | 2q | HELD | |
| COLGATE PALMOLIVE CO | CL | $22.5K | 264 | flat | 12q | HELD | |
| PAN AMERN SILVER CORP | PAAS | $21.9K | 480 | flat | 3q | HELD | |
| REPUBLIC SVCS INC | RSG | $21.6K | 103 | flat | 12q | -44.9%-$17.6K | |
| YUM! BRANDS INC | YUM | $21.5K | 158 | flat | 12q | HELD | |
| THE CIGNA GROUP | CI | $20.7K | 76 | - | new | NEW | |
| WASTE MGMT INC DEL | WM | $20.2K | 99 | flat | 12q | HELD | |
| VERISK ANALYTICS INC | VRSK | $20.0K | 119 | flat | 7q | -13.8%-$3.2K | |
| PROCTER & GAMBLE CO | PG | $19.9K | 137 | flat | 6q | HELD | |
| VICI PPTYS INC | VICI | $19.1K | 831 | flat | 2q | HELD | |
| LOCKHEED MARTIN CORP | LMT | $18.8K | 37 | flat | 12q | HELD | |
| GAMING & LEISURE P | GLPI | $17.7K | 465 | flat | 6q | HELD | |
| WASTE CONNECTIONS INC | WCN | $16.2K | 105 | flat | 12q | HELD | |
| HONEYWELL AEROSPACE INC | HONA | $15.7K | 101 | - | new | NEW | |
| ROYAL GOLD INC | RGLD | $11.8K | 50 | flat | 4q | HELD | |
| Ovintiv Inc. | OVV | $11.4K | 197 | flat | 12q | -23.3%-$3.5K | |
| ISHARES GOLD TR | IAU | $10.9K | 140 | flat | 12q | HELD | |
| GE VERNOVA INC | GEV | $10.5K | 11 | - | new | NEW | |
| TESLA INC | TSLA | $10.3K | 29 | flat | 6q | HELD | |
| CAMECO CORP | CCJ | $8.7K | 100 | flat | 4q | HELD | |
| INTEL CORP | INTC | $8.3K | 85 | flat | 10q | -26.1%-$2.9K | |
| SOUNDHOUND AI INC | SOUN | $6.0K | 1,000 | flat | 4q | HELD | |
| SPACE EXPLORATION TECHN CORP | SPCX | $5.3K | 35 | flat | 2q | HELD | |
| ORGANIGRAM GLOBAL INC | OGI | $5.0K | 5,000 | flat | 7q | HELD | |
| CRISPR THERAPEUTICS AG | CRSP | $4.4K | 80 | flat | 6q | HELD | |
| NAVITAS SEMICONDUCTOR CORP | NVTS | $3.5K | 300 | flat | 4q | HELD | |
| SECURITIZE CORP | SECZ | $3.4K | 235 | - | new | NEW | |
| WESTERN COPPER & GOLD CORP | WRN | $3.3K | 1,500 | flat | 3q | HELD | |
| VERTEX PHARMACEUTICALS INC | VRTX | $3.1K | 6 | flat | 6q | HELD | |
| PFIZER INC | PFE | $2.9K | 100 | flat | 12q | HELD | |
| RECURSION PHARMACEUTICALS IN | RXRX | $2.8K | 670 | flat | 4q | HELD | |
| WATERS CORP | WAT | $2.6K | 6 | flat | 3q | HELD | |
| GOLDMAN SACHS ETF TR | GSSC | $2.6K | 30 | flat | 10q | HELD | |
| APPLIED MATLS INC | AMAT | $2.6K | 5 | flat | 10q | -50.0%-$2.6K | |
| OPEN TEXT CORP | OTEX | $2.5K | 110 | flat | 12q | HELD | |
| INTELLIA THERAPEUTICS INC | NTLA | $2.4K | 200 | flat | 4q | HELD | |
| PACIFIC BIOSCIENCES CALIF IN | PACB | $2.1K | 900 | flat | 4q | HELD | |
| BROOKFIELD WEALTH SOL LTD | BNT | $2.0K | 54 | flat | 7q | HELD | |
| BCE INC | BCE | $1.8K | 87 | flat | 12q | HELD | |
| MARA HOLDINGS INC | MARA | $1.3K | 115 | flat | 5q | HELD | |
| WABTEC | WAB | $1.1K | 4 | flat | 12q | HELD | |
| GALAXY DIGITAL INC. | GLXY | $801 | 50 | flat | 6q | HELD | |
| BROOKFIELD INFRASTRUCTURE CO | BIPC | $429 | 12 | flat | 7q | HELD | |
| VIATRIS INC | VTRS | $213 | 12 | flat | 12q | HELD | |
| EMBECTA CORP | EMBC | $96 | 17 | flat | 12q | HELD | |
| AMENTUM HOLDINGS INC | AMTM | $91 | 5 | flat | 6q | HELD | |
| WYNN RESORTS LTD | WYNN | $79 | 1 | flat | 12q | HELD | |
| NIO INC | NIO | $55 | 16 | flat | 5q | HELD | |
| MGM RESORTS INTERNATIONAL | MGM | $31 | 1 | flat | 12q | HELD | |
| AURORA CANNABIS INC | ACB | $8 | 2 | flat | 5q | HELD | |
| TILRAY BRANDS INC | TLRY | $4 | 1 | flat | 4q | HELD | |
| CANOPY GROWTH CORPORATION | CGC | $2 | 2 | flat | 12q | HELD |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Software & IT Services | $101.8M | 18.7% |
| Energy | $53.9M | 9.9% |
| Business Services | $43.3M | 7.9% |
| Retail & Consumer | $42.1M | 7.7% |
| Mining & Metals | $37.9M | 6.9% |
| Semiconductors & Electronics | $33.0M | 6.0% |
| Transport & Logistics | $30.9M | 5.7% |
| Telecom & Media | $29.6M | 5.4% |
| Real Estate | $28.2M | 5.2% |
| Banks & Lending | $22.8M | 4.2% |
| Chemicals | $16.6M | 3.0% |
| Insurance | $15.6M | 2.9% |
| Other sectors | $48.7M | 8.9% |
| Not classified | $41.0M | 7.5% |
What the disclosed book did
This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.
| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2026 | +6.0% | +2.1% | +3.8% | 108% |
| Q2 2026 | +0.4% | +14.8% | -14.4% | 108% |
| Q1 2026 | -3.2% | -4.6% | +1.4% | 108% |
| Q4 2025 | +3.4% | +2.4% | +1.0% | 109% |
| Q3 2025 | +10.3% | +7.8% | +2.5% | 109% |
| Q2 2025 | +11.4% | +10.5% | +0.9% | 109% |
| Q1 2025 | -2.7% | -4.6% | +1.9% | 110% |
| Q4 2024 | -1.0% | +2.1% | -3.1% | 108% |
Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q3 2026 | $545.3M | 209 | 11 | 46 | 74 | 12 | 28.3% | 20 |
| Q2 2026 | $542.1M | 210 | 12 | 74 | 54 | 18 | 27.7% | 23 |
| Q1 2026 | $528.8M | 216 | 16 | 74 | 53 | 13 | 24.9% | 22 |
| Q4 2025 | $501.9M | 213 | 19 | 61 | 58 | 14 | 25.3% | 16 |
| Q3 2025 | $458.2M | 208 | 15 | 54 | 48 | 7 | 28.8% | 9 |
| Q2 2025 | $424.3M | 200 | 32 | 39 | 56 | 12 | 28.4% | 24 |
| Q1 2025 | $368.0M | 180 | 18 | 46 | 55 | 6 | 28.1% | 17 |
| Q4 2024 | $381.0M | 168 | 8 | 31 | 58 | 13 | 31.8% | 29 |
| Q3 2024 | $395.4M | 173 | 8 | 43 | 44 | 4 | 30.4% | 121 |
| Q2 2024 | $356.9M | 169 | 11 | 42 | 42 | 6 | 29.4% | 213 |
| Q1 2024 | $359.7M | 164 | 9 | 43 | 42 | 10 | 30.6% | 304 |
| Q4 2023 | $331.2M | 165 | 0 | 0 | 0 | 0 | 33.4% | 395 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.