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MONTRUSCO BOLTON INVESTMENTS INC.

· CIK 0001475940
13F Portfolio $6.6B AUM 72 positions Filed Apr 28, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025
# Ticker Company Sector Shares Value % Port Chg Shares Chg % Period Price ① Since Period ①
1 NVDA NVIDIA CORPORATION Technology 3,659,367.0 $619.0M 9.37% -332K -8.3% $169.15 +39.4%
2 MSFT MICROSOFT CORP Technology 1,249,443.0 $449.6M 6.80% -364K -22.6% $359.85 +13.8%
3 GOOGL ALPHABET INC Communication Services 1,404,505.0 $394.3M 5.97% -334K -19.2% $280.76 +42.9%
4 AMZN AMAZON COM INC Consumer Cyclical 1,824,462.0 $369.6M 5.59% -300K -14.1% $202.58 +30.4%
5 JPM JPMORGAN CHASE & CO Financial Services 1,246,180.0 $356.0M 5.39% +241K +23.9% $285.69 +5.0%
6 WCN WASTE CONNECTIONS INC Industrials 1,822,200.0 $286.5M 4.33% -523K -22.3% $157.24 -1.5%
7 DHR DANAHER CORP DEL Healthcare 1,341,168.0 $246.2M 3.73% -103K -7.2% $183.55 -10.4%
8 MA MASTERCARD INCORPORATED Financial Services 489,843.0 $236.6M 3.58% +107K +28.0% $483.07 +1.4%
9 META META PLATFORMS INC Communication Services 422,400.0 $235.6M 3.56% -35K -7.7% $557.68 +10.9%
10 VLO VALERO ENERGY CORP Energy 936,233.0 $231.3M 3.50% -165K -15.0% $247.08 -0.9%
11 MNST MONSTER BEVERAGE CORP NEW Consumer Defensive 2,960,169.0 $209.9M 3.18% -579K -16.4% $70.90 +21.0%
12 ZTS ZOETIS INC Healthcare 1,666,335.0 $191.4M 2.90% -502K -23.1% $114.86 -34.3%
13 AVGO BROADCOM INC Technology 625,635.0 $187.9M 2.84% +340K +119.0% $300.30 +41.6%
14 IDXX IDEXX LABS INC Healthcare 342,120.0 $186.7M 2.83% +165K +93.4% $545.73 -2.4%
15 APG API GROUP CORP Industrials 4,652,145.0 $183.5M 2.78% +1.6M +50.5% $39.45 +9.6%
16 TSM TAIWAN SEMICONDUCTOR MANUFAC Technology 510,242.0 $162.3M 2.46% -189K -27.0% $318.13 +31.3%
17 AAPL APPLE INC Technology 619,130.0 $157.1M 2.38% -174K -22.0% $253.79 +18.3%
18 UBER UBER TECHNOLOGIES INC Technology 2,242,389.0 $156.2M 2.36% +156K +7.5% $69.67 +7.2%
19 CMG CHIPOTLE MEXICAN GRILL INC Consumer Cyclical 4,758,522.0 $148.2M 2.24% -531K -10.0% $31.14 +4.9%
20 LRCX LAM RESEARCH CORP Technology 685,358.0 $142.2M 2.15% +59K +9.3% $207.53 +44.2%
21 PSA PUBLIC STORAGE OPER CO Real Estate 518,306.0 $135.8M 2.06% -117K -18.5% $262.06 +15.6%
22 RYAN RYAN SPECIALTY HOLDINGS INC Financial Services 4,022,506.0 $132.1M 2.00% -321K -7.4% $32.84 -7.8%
23 APH AMPHENOL CORP Technology 935,551.0 $118.2M 1.79% NEW $126.35 -1.1%
24 SHW SHERWIN WILLIAMS CO Basic Materials 360,931.0 $113.0M 1.71% -27K -6.9% $313.05 -1.2%
25 SNPS SYNOPSYS INC Technology 281,301.0 $108.8M 1.65% -170K -37.7% $386.67 +31.9%
26 WMT WALMART INC Consumer Defensive 596,410.0 $74.1M 1.12% $124.28 +6.6%
27 TSCO TRACTOR SUPPLY CO Consumer Cyclical 1,290,454.0 $58.5M 0.89% $45.30 -32.7%
28 SUNB SUNBELT RENTALS HOLDINGS INC Financial Services 1,002,578.0 $57.2M 0.86% NEW $57.01 +39.4%
29 RY ROYAL BK CDA Financial Services 278,201.0 $44.8M 0.68% -7K -2.5% $161.14 +11.7%
30 GIB CGI INC Technology 523,255.0 $38.1M 0.58% +5K +0.9% $72.87 -14.5%
31 BLK BLACKROCK INC Financial Services 38,933.0 $37.4M 0.57% -209K -84.3% $961.71 +12.5%
32 FSV FIRSTSERVICE CORP NEW Real Estate 263,488.0 $36.5M 0.55% +73K +38.1% $138.67 -6.3%
33 BGSI BOYD GROUP SERVICES INC Consumer Cyclical 280,207.0 $35.7M 0.54% NEW $127.25 -19.2%
34 TD TORONTO DOMINION BK ONT Financial Services 367,619.0 $34.2M 0.52% -6K -1.7% $93.10 +16.3%
35 AEM AGNICO EAGLE MINES LTD Basic Materials 162,760.0 $32.9M 0.50% -8K -4.9% $202.34 -10.9%
36 SU SUNCOR ENERGY INC NEW Energy 478,392.0 $31.5M 0.48% -16K -3.2% $65.93 +1.3%
37 BMO BANK MONTREAL MEDIUM Financial Services 204,967.0 $27.7M 0.42% -3K -1.7% $135.01 +12.9%
38 TFII TRANSFORCE INC Industrials 238,165.0 $25.8M 0.39% -61K -20.4% $108.50 +31.6%
39 WPM WHEATON PRECIOUS METALS CORP Basic Materials 195,962.0 $25.6M 0.39% +2K +0.8% $130.84 +6.4%
40 CNI CANADIAN NATL RY CO Industrials 195,490.0 $20.1M 0.30% -3K -1.3% $102.60 +9.6%
41 TGB TASEKO MINES LTD Basic Materials 3,031,296.0 $19.6M 0.30% +577K +23.5% $6.46 +18.0%
42 DSGX DESCARTES SYS GROUP INC Technology 246,235.0 $17.6M 0.27% +53K +27.8% $71.40 -5.8%
43 DOO BRP INC Consumer Cyclical 221,693.0 $15.9M 0.24% -48K -17.7% $71.66 -21.5%
44 CIGI COLLIERS INTL GROUP INC Real Estate 145,285.0 $15.5M 0.23% +16K +12.5% $106.57 -13.7%
45 BAM BROOKFIELD ASSET MANAGMT LTD Financial Services 345,381.0 $15.3M 0.23% +23K +7.3% $44.32 +8.1%
46 RBA RB GLOBAL INC Industrials 155,700.0 $14.9M 0.23% -12K -7.0% $95.60 +6.5%
47 CAE CAE INC Industrials 565,500.0 $14.7M 0.22% $25.95 -1.8%
48 GIL GILDAN ACTIVEWEAR INC Consumer Cyclical 244,300.0 $13.6M 0.20% -2K -0.7% $55.51 +2.9%
49 BROOKFIELD WEALTH SOL LTD 307,408.0 $12.7M 0.19% +72K +30.8% $41.38
50 SLF SUN LIFE FINANCIAL INC. Financial Services 200,841.0 $12.5M 0.19% -3K -1.3% $62.45 +14.7%
51 EXK ENDEAVOUR SILVER CORP Basic Materials 1,282,097.0 $11.9M 0.18% -120K -8.6% $9.30 +16.0%
52 BBDO CAMECO CORP Financial Services 93,959.0 $10.2M 0.15% -2K -2.3% $108.40 -97.1%
53 PBA PEMBINA PIPELINE CORP Energy 224,396.0 $10.0M 0.15% -5K -2.2% $44.62 +8.9%
54 OR OR ROYALTIES INC. Basic Materials 254,620.0 $9.7M 0.15% NEW $37.96 +1.1%
55 CBZ CBIZ INC Industrials 340,021.0 $9.1M 0.14% +45K +15.2% $26.85 +7.7%
56 MDA MDA SPACE LTD Technology 333,096.0 $8.4M 0.13% NEW $25.25 +55.4%
57 CNM CORE & MAIN INC Industrials 167,215.0 $8.3M 0.12% -4K -2.6% $49.40 -2.8%
58 ITRG INTEGRA RES CORP Basic Materials 2,670,377.0 $7.2M 0.11% NEW $2.69 +3.2%
59 POOL POOL CORP Industrials 32,295.0 $6.5M 0.10% $202.33 -13.4%
60 ORLA ORLA MNG LTD NEW Basic Materials 359,590.0 $5.8M 0.09% -712K -66.4% $16.03 -7.7%
61 ATS ATS CORPORATION Industrials 170,956.0 $4.8M 0.07% -84K -32.9% $28.10 +13.9%
62 OTEX OPEN TEXT CORP Technology 214,625.0 $4.8M 0.07% -4K -2.0% $22.21 +0.8%
63 AGI ALAMOS GOLD INC Basic Materials 88,079.0 $3.9M 0.06% -424K -82.8% $44.35 -9.3%
64 BN BROOKFIELD CORP Financial Services 88,355.0 $3.6M 0.05% $40.39 +12.7%
65 SPSC SPS COMM INC Technology 63,300.0 $3.5M 0.05% $55.67 -10.3%
66 SHOP SHOPIFY INC Technology 26,612.0 $3.1M 0.05% -12K -30.2% $118.28 -17.6%
67 USAS AMERICAS GOLD AND SILVER COR Basic Materials 549,996.0 $2.9M 0.04% NEW $5.20 +37.4%
68 EQX EQUINOX GOLD CORP Basic Materials 149,134.0 $2.1M 0.03% -10K -6.4% $14.40 -0.2%
69 PG PROCTER & GAMBLE CO Consumer Defensive 9,067.0 $1.3M 0.02% -164.0 -1.8% $144.44 -1.2%
70 UFPT UFP TECHNOLOGIES INC Healthcare 2,604.0 $504K 0.01% -18K -87.2% $193.60 +14.1%
71 LSPD LIGHTSPEED COMMERCE INC Technology 34,000.0 $303K 0.01% -5K -12.8% $8.91 -1.2%
72 CP CANADIAN PACIFIC KANSAS CITY Industrials 3,003.0 $236K 0.00% +248.0 +9.0% $78.44 +10.8%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 33.0%
Financial Services 14.7%
Consumer Cyclical 9.7%
Communication Services 9.5%
Healthcare 9.5%
Industrials 8.7%
Consumer Defensive 4.3%
Energy 4.1%
Basic Materials 3.6%
Real Estate 2.8%