LOUISBOURG INVESTMENTS INC.

Q3 2025 13F-HR Holdings

Location
Dieppe, A3
Holdings as of
9/30/2025
Date filed
10/9/2025
Form type
13F-HR
Num holdings
208
Total value ($000)
$458,236
Net value change ($000)
+33,918 (8.0%)
New positions
15
Sold out positions
7
Turnover %
3.9%
Sector allocation + QoQ delta (equities-only)
Prev filing: 7/24/2025 Next filing: 1/16/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
SSRM 4,596 NEW
DHR 3,268 NEW
GIL 3,204 44.8%
OR 2,786 31.1%
SHOP 2,601 20.9%
OTIS 2,454 131.7%
ATS 2,399 74.2%
WPM 2,269 21.8%
QSR 2,226 45.4%
GOOGL 2,182 29.5%
Top Reduces (Value $000, Stocks/ETFs)
IAG -3,339 -100.0%
FNV -3,032 -100.0%
ORLA -2,957 -100.0%
OTEX -2,871 -99.9%
CNI -1,928 -6.3%
RSP -1,065 -33.5%
TD -799 -14.7%
CBRE -703 -18.2%
CSGP -609 -36.7%
CIGI -582 -7.4%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type