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MONTRUSCO BOLTON INVESTMENTS INC.

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13F filer, CIK 1475940, MONTREAL, Quebec, Canada

MONTRUSCO BOLTON INVESTMENTS INC. reported $8,592,385,280 across 78 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-12. Its ten largest share positions make up 55.33% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001475940-25-000002

Period
2025-09-30
Reported value
$8.59B
Holdings
78
Top 10 weight
55.33%
New
5
Sold out
2

Largest buys vs the previous quarter

SecurityShares changeApprox. value
SNPSadded+120,637$58.1M
CMGadded+1,336,978$50.9M
APGadded+1,324,805$45.5M
RYANadded+762,638$41.8M
FTNTadded+214,796$18.1M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
LRCXreduced-1,586,223-$208M
GOOGLreduced-629,016-$150M
IDXXreduced-197,127-$124M
JPMreduced-345,540-$106M
METAreduced-143,672-$103M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q3 2025

Share positions as resolved from 13F-HR 0001475940-25-000002, largest first. % of portfolio is the value over $8,592,385,280, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 2,085,394 shares; 2025Q1: 2,066,121 shares; 2025Q2: 1,723,378 shares; 2025Q3: 1,718,266 shares 1,718,266$869M10.11%-5,112Timeline
NVDANVIDIA CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 4,838,488 shares; 2025Q1: 5,296,119 shares; 2025Q2: 4,760,297 shares; 2025Q3: 4,200,029 shares 4,200,029$765M8.9%-560,268Timeline
AMZNAMAZON COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 2,871,723 shares; 2025Q1: 2,286,279 shares; 2025Q2: 2,674,663 shares; 2025Q3: 2,368,481 shares 2,368,481$507M5.9%-306,182Timeline
GOOGLALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 2,777,717 shares; 2025Q1: 2,531,957 shares; 2025Q2: 2,609,606 shares; 2025Q3: 1,980,590 shares 1,980,590$472M5.49%-629,016Timeline
JPMJPMORGAN CHASE & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 1,715,064 shares; 2025Q3: 1,369,524 shares 1,369,524$419M4.87%-345,540Timeline
METAMETA PLATFORMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 576,466 shares; 2025Q1: 508,880 shares; 2025Q2: 687,611 shares; 2025Q3: 543,939 shares 543,939$390M4.54%-143,672Timeline
WCNWASTE CONNECTIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 1,927,900 shares; 2025Q1: 1,573,984 shares; 2025Q2: 2,306,702 shares; 2025Q3: 2,252,933 shares 2,252,933$384M4.47%-53,769Timeline
BLKBLACKROCK INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 343,739 shares; 2025Q1: 399,696 shares; 2025Q2: 353,587 shares; 2025Q3: 333,392 shares 333,392$379M4.41%-20,195Timeline
DHRDANAHER CORP DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 1,715,826 shares; 2025Q1: 1,716,545 shares; 2025Q2: 1,789,225 shares; 2025Q3: 1,611,531 shares 1,611,531$311M3.61%-177,694Timeline
SNPSSYNOPSYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: 297,557 shares; 2025Q2: 416,518 shares; 2025Q3: 537,155 shares 537,155$259M3.01%+120,637Timeline
CMGCHIPOTLE MEXICAN GRILL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 89,470 shares; 2025Q1: 4,848,990 shares; 2025Q2: 5,116,087 shares; 2025Q3: 6,453,065 shares 6,453,065$246M2.86%+1,336,978Timeline
UBERUBER TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 2,845,296 shares; 2025Q1: 3,263,818 shares; 2025Q2: 2,906,773 shares; 2025Q3: 2,524,962 shares 2,524,962$241M2.81%-381,811Timeline
AAPLAPPLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 941,021 shares; 2025Q1: 941,804 shares; 2025Q2: 898,066 shares; 2025Q3: 933,027 shares 933,027$238M2.76%+34,961Timeline
MNSTMONSTER BEVERAGE CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 3,468,660 shares; 2025Q1: 5,366,126 shares; 2025Q2: 3,502,060 shares; 2025Q3: 3,411,736 shares 3,411,736$226M2.63%-90,324Timeline
RYANRYAN SPECIALTY HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 3,212,231 shares; 2025Q3: 3,974,869 shares 3,974,869$218M2.53%+762,638Timeline
VLOVALERO ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 2,059,010 shares; 2025Q1: 1,716,790 shares; 2025Q2: 1,664,007 shares; 2025Q3: 1,255,650 shares 1,255,650$214M2.49%-408,357Timeline
ROLROLLINS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 7,462,332 shares; 2025Q1: 6,362,759 shares; 2025Q2: 5,113,393 shares; 2025Q3: 3,641,068 shares 3,641,068$206M2.39%-1,472,325Timeline
PSAPUBLIC STORAGEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 662,685 shares; 2025Q1: 715,030 shares; 2025Q2: 769,793 shares; 2025Q3: 711,333 shares 711,333$200M2.32%-58,460Timeline
TSMTAIWAN SEMICONDUCTOR MANUFACQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 484,552 shares; 2025Q1: 553,987 shares; 2025Q2: 863,127 shares; 2025Q3: 708,231 shares 708,231$186M2.16%-154,896Timeline
MAMASTERCARD INCORPORATEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 794,248 shares; 2025Q1: 694,326 shares; 2025Q2: 374,846 shares; 2025Q3: 308,640 shares 308,640$172M2.01%-66,206Timeline
IDXXIDEXX LABS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: 285,768 shares; 2025Q2: 429,409 shares; 2025Q3: 232,282 shares 232,282$146M1.69%-197,127Timeline
SHWSHERWIN WILLIAMS COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 216,170 shares; 2025Q1: 444,537 shares; 2025Q2: 442,931 shares; 2025Q3: 419,798 shares 419,798$143M1.66%-23,133Timeline
LRCXLAM RESEARCH CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: 1,726,228 shares; 2025Q2: 2,561,424 shares; 2025Q3: 975,201 shares 975,201$128M1.49%-1,586,223Timeline
ADBEADOBE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 668,498 shares; 2025Q1: 331,030 shares; 2025Q2: 421,023 shares; 2025Q3: 362,784 shares 362,784$124M1.44%-58,239Timeline
FTNTFORTINET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 1,022,096 shares; 2025Q3: 1,236,892 shares 1,236,892$104M1.21%+214,796Timeline
ZTSZOETIS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 431,847 shares; 2025Q1: 595,349 shares; 2025Q2: 492,852 shares; 2025Q3: 607,764 shares 607,764$88.9M1.03%+114,912Timeline
WMTWALMART INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 466,347 shares; 2025Q1: 442,485 shares; 2025Q2: 473,970 shares; 2025Q3: 562,384 shares 562,384$58M0.67%+88,414Timeline
TSCOTRACTOR SUPPLY COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 931,032 shares; 2025Q3: 1,000,530 shares 1,000,530$56.9M0.66%+69,498Timeline
LLYELI LILLY & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 59,768 shares; 2025Q3: 70,389 shares 70,389$53.7M0.63%+10,621Timeline
RYROYAL BK CDAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 433,017 shares; 2025Q1: 336,357 shares; 2025Q2: 424,433 shares; 2025Q3: 346,418 shares 346,418$51.1M0.59%-78,015Timeline
APGAPI GROUP CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 140,895 shares; 2025Q3: 1,465,700 shares 1,465,700$50.4M0.59%+1,324,805Timeline
GIBCGI INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 93,679 shares; 2025Q1: 68,800 shares; 2025Q2: 356,625 shares; 2025Q3: 467,777 shares 467,777$41.7M0.49%+111,152Timeline
SYYSYSCO CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 1,948,961 shares; 2025Q1: 743,273 shares; 2025Q2: 832,875 shares; 2025Q3: 489,982 shares 489,982$40.3M0.47%-342,893Timeline
TDTORONTO DOMINION BK ONTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 505,061 shares; 2025Q1: 576,262 shares; 2025Q2: 533,649 shares; 2025Q3: 486,409 shares 486,409$38.9M0.45%-47,240Timeline
AEMAGNICO EAGLE MINES LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 172,101 shares; 2025Q3: 193,818 shares 193,818$32.7M0.38%+21,717Timeline
BMOBANK OF MONTREALQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: 242,313 shares; 2025Q2: 193,890 shares; 2025Q3: 227,141 shares 227,141$29.6M0.34%+33,251Timeline
WPMWHEATON PRECIOUS METALS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 273,217 shares; 2025Q1: 285,852 shares; 2025Q2: 112,929 shares; 2025Q3: 233,795 shares 233,795$26.2M0.3%+120,866Timeline
ENBENBRIDGE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 886,273 shares; 2025Q1: 767,921 shares; 2025Q2: 493,388 shares; 2025Q3: 487,427 shares 487,427$24.6M0.29%-5,961Timeline
SUSUNCOR ENERGY INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: 604,407 shares; 2025Q2: 617,173 shares; 2025Q3: 581,429 shares 581,429$24.3M0.28%-35,744Timeline
TFIITFI INTERNATIONAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 75,474 shares; 2025Q1: 43,832 shares; 2025Q2: 226,034 shares; 2025Q3: 266,807 shares 266,807$23.5M0.27%+40,773Timeline
CIGICOLLIERS INTL GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 107,018 shares; 2025Q1: 98,284 shares; 2025Q2: 138,468 shares; 2025Q3: 135,777 shares 135,777$21.2M0.25%-2,691Timeline
RBARB GLOBAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 185,971 shares; 2025Q3: 184,805 shares 184,805$20M0.23%-1,166Timeline
DOOBRP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 229,950 shares; 2025Q3: 318,118 shares 318,118$19.3M0.23%+88,168Timeline
FSVFIRSTSERVICE CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 63,948 shares; 2025Q1: 93,515 shares; 2025Q2: 101,296 shares; 2025Q3: 100,748 shares 100,748$19.2M0.22%-548Timeline
AGIALAMOS GOLD INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 401,724 shares; 2025Q3: 547,567 shares 547,567$19.1M0.22%+145,843Timeline
CNICANADIAN NATL RY COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 253,008 shares; 2025Q1: 217,351 shares; 2025Q2: 265,997 shares; 2025Q3: 200,189 shares 200,189$18.9M0.22%-65,808Timeline
BAMBROOKFIELD ASSET MANAGMT LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 519,006 shares; 2025Q1: 422,195 shares; 2025Q2: 313,417 shares; 2025Q3: 329,296 shares 329,296$18.7M0.22%+15,879Timeline
SLFSUN LIFE FINANCIAL INC.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 10,573 shares; 2025Q1: 352,150 shares; 2025Q2: 368,367 shares; 2025Q3: 302,549 shares 302,549$18.2M0.21%-65,818Timeline
CAECAE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 560,500 shares; 2025Q3: 565,500 shares 565,500$16.7M0.19%+5,000Timeline
EROERO COPPER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 775,356 shares; 2025Q1: 781,932 shares; 2025Q2: 767,142 shares; 2025Q3: 765,896 shares 765,896$15.5M0.18%-1,246Timeline
CBZCBIZ INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 233,390 shares; 2025Q3: 276,821 shares 276,821$14.7M0.17%+43,431Timeline
GRTUFGRANITE REAL ESTATE INVESTMEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 285,250 shares; 2025Q1: 266,131 shares; 2025Q2: 254,616 shares; 2025Q3: 251,942 shares 251,942$14M0.16%-2,674Timeline
GILGILDAN ACTIVEWEAR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 240,000 shares; 2025Q3: 242,000 shares 242,000$14M0.16%+2,000Timeline
OROR ROYALTIES INC.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 402,231 shares; 2025Q3: 332,958 shares 332,958$13.3M0.16%-69,273Timeline
TGBTASEKO MINES LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 2,891,250 shares 2,891,250$12.3M0.14%newTimeline
DSGXDESCARTES SYS GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 42,384 shares; 2025Q1: 42,539 shares; 2025Q2: 117,600 shares; 2025Q3: 127,963 shares 127,963$12.1M0.14%+10,363Timeline
PBAPEMBINA PIPELINE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: 405,592 shares; 2025Q2: 323,405 shares; 2025Q3: 279,262 shares 279,262$11.3M0.13%-44,143Timeline
EGOELDORADO GOLD CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 634,591 shares; 2025Q1: 438,809 shares; 2025Q2: 253,000 shares; 2025Q3: 356,975 shares 356,975$10.3M0.12%+103,975Timeline
USASAMERICAS GOLD AND SILVER CORQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 2,668,549 shares 2,668,549$9.95M0.12%newTimeline
NGDNEW GOLD INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 5,242,547 shares; 2025Q1: 4,395,223 shares; 2025Q2: 3,202,022 shares; 2025Q3: 1,331,689 shares 1,331,689$9.54M0.11%-1,870,333Timeline
EXKENDEAVOUR SILVER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 1,214,475 shares 1,214,475$9.51M0.11%newTimeline
BNTBROOKFIELD WEALTH SOL LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 151,641 shares; 2025Q1: 168,631 shares; 2025Q2: 134,655 shares; 2025Q3: 134,437 shares 134,437$9.22M0.11%-218Timeline
CNMCORE & MAIN INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 163,195 shares; 2025Q3: 167,615 shares 167,615$9.02M0.11%+4,420Timeline
POOLPOOL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 37,245 shares; 2025Q3: 26,745 shares 26,745$8.29M0.1%-10,500Timeline
NFLXNETFLIX INC.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: 6,694 shares; 2025Q2: 7,186 shares; 2025Q3: 6,873 shares 6,873$8.24M0.1%-313Timeline
TUTELUS CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 1,091,751 shares; 2025Q1: 1,169,763 shares; 2025Q2: 885,468 shares; 2025Q3: 475,273 shares 475,273$7.49M0.09%-410,195Timeline
ATSATS CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 318,781 shares; 2025Q3: 283,781 shares 283,781$7.43M0.09%-35,000Timeline
SHOPSHOPIFY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 34,159 shares; 2025Q1: 38,286 shares; 2025Q2: 45,388 shares; 2025Q3: 44,412 shares 44,412$6.6M0.08%-976Timeline
UFPTUFP TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 38,859 shares; 2025Q3: 32,159 shares 32,159$6.42M0.07%-6,700Timeline
TRITHOMSON REUTERS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 33,157 shares; 2025Q1: 32,824 shares; 2025Q2: 31,328 shares; 2025Q3: 37,667 shares 37,667$5.85M0.07%+6,339Timeline
SPSCSPS COMM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 49,375 shares 49,375$5.14M0.06%newTimeline
BIPBROOKFIELD INFRASTRUCTURE PAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 829,187 shares; 2025Q1: 590,509 shares; 2025Q2: 530,720 shares; 2025Q3: 138,330 shares 138,330$4.56M0.05%-392,390Timeline
BNBROOKFIELD CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 118,415 shares; 2025Q1: 72,219 shares; 2025Q2: 56,295 shares; 2025Q3: 55,056 shares 55,056$3.78M0.04%-1,239Timeline
NOWSERVICENOW INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 2,773 shares 2,773$2.55M0.03%newTimeline
PGPROCTER & GAMBLE COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 14,598 shares; 2025Q1: 15,330 shares; 2025Q2: 14,738 shares; 2025Q3: 14,738 shares 14,738$2.26M0.03%0Timeline
CPCANADIAN PACIFIC KANSAS CITYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 32,547 shares; 2025Q1: 25,928 shares; 2025Q2: 27,488 shares; 2025Q3: 22,221 shares 22,221$1.66M0.02%-5,267Timeline
Sandstorm Gold LtdSandstorm Gold LtdQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 1,296,000 shares; 2025Q3: 116,599 shares 116,599$1.46M0.02%-1,179,401
LSPDLIGHTSPEED COMMERCE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 39,000 shares; 2025Q3: 39,000 shares 39,000$450K0.01%0Timeline

Sold out in Q3 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
FNVFRANCO NEV CORP54,849$8.99Mshares
WINAWINMARK CORP608$230Kshares

How Q3 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001475940-25-000002 base2025-11-12acceptance time not in the bulk data set