MONTRUSCO BOLTON INVESTMENTS INC. — 13F Holdings & Portfolio
CIK 1475940 · latest 13F-HR filed 2026-10-13
MONTRUSCO BOLTON INVESTMENTS INC. manages $5.77B in 13F-reported U.S. long-equity assets across 85 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are NVDA (9.06%), MSFT (7.98%), GOOGL (5.68%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 11 new positions and exited 6; 15 existing positions rose in reported value and 52 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
Loading holdings…
AUM
$5.77B
Long-equity book
Holdings
85
Distinct positions
Period
2026-09-30
Filed 2026-10-13
Q/Q Activity
+11 / −6 / ↑15 / ↓52
vs 2026-06-30
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q3 26NVDA9.1% · -13%MSFT8.0% · -12%GOOGL5.7% · -13%AMZN5.6% · -17%META3.7% · -12%LRCX3.7% · -4%JPM3.6% · -31%DHR3.5% · -14%MU3.4% · -11%VLO3.1% · -26%IDXX2.9% · -15%AVGO2.9% · -26%MA2.7% · -39%APH2.5% · +96%AAPL2.5% · -6%MNST2.5% · +61%APG2.3% · -16%LIN2.0% · +1%TSM2.0% · -31%WCN2.0% · -24%PSA1.8% · -14%UBER1.7% · -15%GEV1.4% · +16%CMG1.4% · -20%VRTX1.4% · newCME1.3% · newRYAN1.3% · -25%SCHW1.2% · newSNPS1.2% · -24%ZTS1.0% · -26%SUNB0.9% · +6%RY0.7% · -13%WMT0.6% · +20%CHD0.6% · +4%TSCO0.6% · -6%TD0.6% · -10%AZN0.5% · -19%GIB0.5% · -16%BNS0.5% · -7%TFII0.4% · -0%FSV0.4% · -23%BMO0.4% · -17%TGB0.4% · -6%DSGX0.4% · +1%CNI0.3% · -8%BGSI0.3% · -1%WPM0.3% · -18%AEM0.3% · -43%CGAU0.3% · +83%SLF0.3% · -5%DOO0.3% · -2%SU0.2% · -33%MDA0.2% · +100%CAE0.2% · -2%BAM0.2% · -37%CIGI0.2% · -6%AYA0.2% · -55%SKHY0.2% · newPBA0.2% · -8%GIL0.2% · -8%
Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q2 26 → Q3 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
4 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 49.4%Cumulative share of the portfolio held in the largest N positions.
Firm Profile & Key People
As of the firm’s regulatory filing dated Mar 31, 2026.
Assets Under Management
$12.93B
Discretionary
$12.04B
Employees
68
Accounts
564
Address
1501 MCGILL COLLEGE AVENUE
SUITE 1200
MONTREAL, QUEBEC H3A 3M8
Canada
SUITE 1200
MONTREAL, QUEBEC H3A 3M8
Canada
Phone
(514) 842-6464
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| AYOTTE, JEAN-CLAUDE Control | SENIOR VICE PRESIDENT, CORPORATE AFFAIRS since Sep 2006 | Less than 5% | Individual |
| BOULE, SYLVAIN Control | PRESIDENT & CHIEF EXECUTIVE OFFICER since Feb 1992 | 10–25% | Individual |
| BOURDAGES, BENOIT Control | VICE PRESIDENT, OPERATIONS AND DATA ANALYTICS since Jun 1996 | Less than 5% | Individual |
| Barres, Olivier Control | VICE PRESIDENT, FIXED INCOME AND CLIENT SERVICING since Feb 2018 | Less than 5% | Individual |
| DROLET, MARC Control | VICE PRESIDENT, HEAD OF CLIENT SERVICING since Aug 2021 | Less than 5% | Individual |
| DUQUETTE, CLAUDE-ANDRE Control | SENIOR VICE PRESIDENT, HEAD OF BUSINESS DEVELOPMENT AND MARKETING since Jan 2021 | Less than 5% | Individual |
| FAKHRY, DINA Control | SENIOR VICE PRESIDENT AND CHIEF OPERATING OFFICER/CORPORATE SECRETARY since Sep 2022 | Less than 5% | Individual |
| GAREAU, KARINE Control | VICE PRESIDENT, PEOPLE & CULTURE since Mar 2023 | Less than 5% | Individual |
| GOLDSMITH, JOHN-HENRI Control | HEAD OF CANADIAN EQUITIES since Apr 2004 | 5–10% | Individual |
| GUAY, RICHARD Control | SENIOR VICE PRESIDENT, INSTITUTIONAL MARKETS since Sep 2000 | 10–25% | Individual |
| HISCOCK, ROBERT Control | PORTFOLIO MANAGER since Sep 2021 | Less than 5% | Individual |
| LECAVALIER, MARC Control | SENIOR PORTFOLIO MANAGER, SMALL AND MID-CAP EQUITIES since Dec 2025 | Less than 5% | Individual |
| LEGER, FABRICE Control | VICE PRESIDENT, FINANCE AND CHIEF FINANCIAL OFFICER since Jun 2024 | Less than 5% | Individual |
| MELOCHE, JEAN-DAVID Control | HEAD OF GLOBAL EQUITIES since Jan 2005 | Less than 5% | Individual |
| ROY, STEPHANE Control | VICE PRESIDENT, CHIEF TECHNOLOGY OFFICER since Dec 2025 | Less than 5% | Individual |
| RUSSELL, TIMOTHY Control | VICE PRESIDENT, CLIENT SERVICING since Aug 1997 | Less than 5% | Individual |
| SIMONIAN, SIMON Control | PORTFOLIO MANAGER since Jul 2014 | Less than 5% | Individual |
| ST-GERMAIN, JULIE Control | VICE PRESIDENT, CLIENT SERVICING since Mar 2023 | Less than 5% | Individual |
| SZCZEPKOWSKI, JASON Control | VICE PRESIDENT, ASSISTANT HEAD OF CLIENT SERVICING, NORTH AMERICA since Jun 2017 | Less than 5% | Individual |
| THERIEN, GINETTE Control | SENIOR VICE PRESIDENT, GOVERNANCE AND CHIEF COMPLIANCE OFFICER since Dec 1998 | Less than 5% | Individual |
| TREMBLAY, SIMON Control | VICE PRESIDENT, INSTITUTIONAL MARKETS since Dec 2025 | Less than 5% | Individual |
| WGAM STRATEGIC PARTNERSHIP FUND LP Control | SHAREHOLDER since Dec 2025 | 25–50% | Foreign Entity |
| SHAHIN, MUNIR | SHAREHOLDER since Sep 2021 | Less than 5% | Individual |
| STUSIO, PIOTR MAREK | SHAREHOLDER since Mar 2023 | Less than 5% | Individual |
| 11476203 CANADA INC. Control Indirect owner via WALTER GLOBAL ASSET MANAGEMENT INC. | SHAREHOLDER since Jun 2019 | 25–50% | Foreign Entity |
| SOMERS, PIERRE Control Indirect owner via WALTER GROUP INC. | MAJORITY SHAREHOLDER since May 1995 | 75% or more | Individual |
| WALTER CAPITAL MANAGEMENT INC. Control Indirect owner via WALTER GLOBAL ASSET MANAGEMENT INC. | SHAREHOLDER since Jan 2024 | 50–75% | Foreign Entity |
| WALTER GLOBAL ASSET MANAGEMENT INC. Control Indirect owner via WGAM GENERAL PARTNER INC. | SHAREHOLDER since Mar 2019 | 75% or more | Foreign Entity |
| WALTER GROUP INC. Control Indirect owner via WALTER CAPITAL MANAGEMENT INC. | SHAREHOLDER since Jan 2024 | 75% or more | Foreign Entity |
| WGAM GENERAL PARTNER INC. Control Indirect owner via WGAM STRATEGIC PARTNERSHIP FUND LP | GENERAL PARTNER since Apr 2019 | General partner, trustee or manager | Foreign Entity |
Ownership & leadership changes · 12 filings with changes since Mar 29, 2012
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
Mar 31, 2026 filing
- No longer listedAFFILIATED MANAGERS GROUP, INC. · SHAREHOLDER · 25–50% · indirect via AMG CANADA HOLDING CORP. · control person · listed since Jul 2005
- No longer listedAMG CANADA HOLDING CORP. · SHAREHOLDER · 25–50% · control person · listed since Dec 2010
- No longer listedAMG NORTH AMERICA HOLDING CORP. · SHAREHOLDER · 25–50% · indirect via AMG CANADA HOLDING CORP. · control person · listed since Jul 2005
- No longer listedANDINO SOLORZANO, HILDA · SHAREHOLDER · Less than 5% · listed since Jun 2024
- No longer listedARQUIE, ALEXIS · SHAREHOLDER · Less than 5% · listed since Jun 2024
- No longer listedBOUET, MICHAEL, PIERRE · SENIOR ANALYST · Less than 5% · listed since Mar 2008
- No longer listedCASSAR, JENNIFER · SHAREHOLDER · Less than 5% · listed since Mar 2023
- No longer listedCHANTAL GAGNE, JEREMIE · SHAREHOLDER · Less than 5% · listed since Jun 2024
- No longer listedCHEONG, KIMBERLY, MELISSA · PORTFOLIO MANAGER · Less than 5% · control person · listed since Oct 2009
- No longer listedDORAIS, GUILLAUME · SHAREHOLDER · Less than 5% · listed since Jun 2024
- No longer listedDROUIN, ALIA · SHAREHOLDER · Less than 5% · listed since Jun 2024
- No longer listedFONDS DE SOLIDARITE DES TRAVAILEURS DU QUEBEC · SHAREHOLDER · 10–25% · control person · listed since Nov 2008
- No longer listedFORTIER, MARC-OLIVER · SHAREHOLDER · Less than 5% · listed since Mar 2023
- No longer listedGARNIER, MELINE · SHAREHOLDER · Less than 5% · listed since Mar 2023
- No longer listedHAAS, MARK ALEXANDER · SHAREHOLDER · Less than 5% · listed since Mar 2023
- No longer listedHOW, MARYLEE · SHAREHOLDER · Less than 5% · listed since Mar 2023
- No longer listedISMAEL, STENDOLPH · SHAREHOLDER · Less than 5% · listed since Jun 2024
- No longer listedLAFLAMME, PATRICK · SHAREHOLDER · Less than 5% · listed since Jun 2024
- No longer listedMACKAY, CHRISTINE · SHAREHOLDER · Less than 5% · listed since Mar 2023
- No longer listedMAGGIORE, GIACOMO · SHAREHOLDER · Less than 5% · listed since Mar 2023
- No longer listedMARCOTTE, CARINE · SHAREHOLDER · Less than 5% · listed since Jun 2024
- No longer listedMCNEILL, MATHEW · SHAREHOLDER · Less than 5% · listed since Mar 2023
- No longer listedMOKRI, MELORI · SHAREHOLDER · Less than 5% · listed since Mar 2023
- No longer listedNIANG, ALE, BADARA · VICE PRESIDENT, CHIEF TECHNOLOGY OFFICER · Less than 5% · control person · listed since Jun 2017
- No longer listedPATEL, MUNJAL VASANTBAI · SHAREHOLDER · Less than 5% · listed since Mar 2023
- and 27 more
Mar 25, 2025 filing
- AddedANDINO SOLORZANO, HILDA · SHAREHOLDER · Less than 5%
- AddedARQUIE, ALEXIS · SHAREHOLDER · Less than 5%
- AddedCHANTAL GAGNE, JEREMIE · SHAREHOLDER · Less than 5%
- AddedDORAIS, GUILLAUME · SHAREHOLDER · Less than 5%
- AddedDROUIN, ALIA · SHAREHOLDER · Less than 5%
- AddedISMAEL, STENDOLPH · SHAREHOLDER · Less than 5%
- AddedLAFLAMME, PATRICK · SHAREHOLDER · Less than 5%
- AddedLEGER, FABRICE · SHAREHOLDER · Less than 5%
- AddedMARCOTTE, CARINE · SHAREHOLDER · Less than 5%
- AddedTURNBULL, GLEN · SHAREHOLDER · Less than 5%
- ChangedBOUET, MICHAEL, PIERRE · no longer a control person
- ChangedGAREAU, KARINE · now a control person
- ChangedGOLDSMITH, JOHN-HENRI · ownership 5–10% → Less than 5%; no longer a control person
- ChangedHISCOCK, ROBERT · now a control person
Mar 28, 2024 filing
- No longer listedDiMassimo, Giuseppe · VICE PRESIDENT, BUSINESS DEVELOPMENT · Less than 5% · control person · listed since Feb 2018
- AddedCASSAR, JENNIFER · SHAREHOLDER · Less than 5%
- AddedDROLET, MARC · VICE PRESIDENT, HEAD OF CLIENT SERVICING INTERNATIONAL · Less than 5% · control person
- AddedFAKHRY, DINA · SENIOR VICE PRESIDENT AND CHIEF OPERATING OFFICER · Less than 5% · control person
- AddedFORTIER, MARC-OLIVER · SHAREHOLDER · Less than 5%
- AddedGAREAU, KARINE · SHAREHOLDER · Less than 5%
- AddedGARNIER, MELINE · SHAREHOLDER · Less than 5%
- AddedHAAS, MARK ALEXANDER · SHAREHOLDER · Less than 5%
- AddedHOW, MARYLEE · SHAREHOLDER · Less than 5%
- AddedMACKAY, CHRISTINE · SHAREHOLDER · Less than 5%
- AddedMAGGIORE, GIACOMO · SHAREHOLDER · Less than 5%
- AddedMCNEILL, MATHEW · SHAREHOLDER · Less than 5%
- AddedMOKRI, MELORI · SHAREHOLDER · Less than 5%
- AddedPATEL, MUNJAL VASANTBAI · SHAREHOLDER · Less than 5%
- AddedST-GERMAIN, JULIE · SHAREHOLDER · Less than 5% · control person
- AddedSTUSIO, PIOTR MAREK · SHAREHOLDER · Less than 5%
- AddedSZCZEPKOWSKI, JASON · VICE PRESIDENT, HEAD OF CLIENT SERVICING NORTH AMERICA · Less than 5% · control person
- ChangedAYOTTE, JEAN-CLAUDE · title SENIOR VICE PRESIDENT, CHIEF FINANCIAL OFFICER, CHIEF COMPLIANCE OFFICER → SENIOR VICE PRESIDENT, CHIEF FINANCIAL OFFICER
- ChangedGOLDSMITH, JOHN-HENRI · ownership Less than 5% → 5–10%
- ChangedTHERIEN, GINETTE · title VICE PRESIDENT ADMINISTRATION AND COMPLIANCE → SENIOR VICE PRESIDENT, GOVERNANCE AND CHIEF COMPLIANCE OFFICER
Mar 31, 2022 filing
- No longer listedAFFILIATED MANAGERS GROUP, INC. · SHAREHOLDER · 75% or more · indirect via AMG NORTH AMERICA HOLDING CORP. · control person · listed since Jul 2005
- AddedAFFILIATED MANAGERS GROUP, INC. · SHAREHOLDER · 25–50% · indirect via AMG CANADA HOLDING CORP. · control person
- AddedHISCOCK, ROBERT · SHAREHOLDER · Less than 5%
- AddedSHAHIN, MUNIR · SHAREHOLDER · Less than 5%
- ChangedAMG NORTH AMERICA HOLDING CORP. · indirect via AMG CANADA HOLDING CORP.: ownership 75% or more → 25–50%
- ChangedDUQUETTE, CLAUDE-ANDRE · now a control person
- ChangedGUAY, RICHARD · ownership 5–10% → 10–25%
Mar 31, 2021 filing
- No longer listedNatal, Marc · VICE PRESIDENT, CLIENT SERVICING · Less than 5% · control person · listed since Feb 2018
- AddedDUQUETTE, CLAUDE-ANDRE · VICE PRESIDENT, INSTITUTIONAL AND RETAIL SALES · Less than 5%
Mar 29, 2020 filing
- No longer listedSENECAL, DENIS · SENIOR VICE PRESIDENT, STRATEGIC INITIATIVES · Less than 5% · control person · listed since Jun 2018
- ChangedAYOTTE, JEAN-CLAUDE · title CHIEF COMPLIANCE OFFICER, CHIEF FINANCIAL OFFICER → SENIOR VICE PRESIDENT, CHIEF FINANCIAL OFFICER, CHIEF COMPLIANCE OFFICER
Mar 29, 2019 filing
- No longer listedCHIADMI, ISMAEL · SENIOR VICE PRESIDENT · Less than 5% · control person · listed since Aug 1997
- AddedNIANG, ALE, BADARA · VICE PRESIDENT, CHIEF TECHNOLOGY OFFICER · Less than 5% · control person
- AddedSENECAL, DENIS · SENIOR VICE PRESIDENT, STRATEGIC INITIATIVES · Less than 5% · control person
- AddedSIMONIAN, SIMON · PORTFOLIO MANAGER · Less than 5% · control person
- ChangedCHEONG, KIMBERLY, MELISSA · title SENIOR ANALYST → PORTFOLIO MANAGER
- ChangedFONDS DE SOLIDARITE DES TRAVAILEURS DU QUEBEC · ownership 25–50% → 10–25%
Mar 28, 2018 filing
- No longer listedGODIN, CHRISTIAN · SENIOR VICE PRESIDENT · 5–10% · control person · listed since May 2001
- AddedBarres, Olivier · VICE PRESIDENT, FIXED INCOME · Less than 5% · control person
- AddedDiMassimo, Giuseppe · VICE PRESIDENT, BUSINESS DEVELOPMENT · Less than 5% · control person
- AddedNatal, Marc · VICE PRESIDENT, CLIENT SERVICING · Less than 5% · control person
Aug 11, 2016 filing
- No longer listedLEBLANC, ROBERT, YVON · VICE PRESIDENT, BUSINESS DEVELOPMENT · Less than 5% · control person · listed since Dec 2013
Mar 30, 2015 filing
- No longer listedSHAHRIARI, BEHRAK · PORTFOLIO MANAGER · Less than 5% · control person · listed since Oct 2009
Older changes (3 more filings)
Mar 31, 2014 filing
- No longer listedAMG CANADA HOLDING CORP. · SHAREHOLDER · 25–50% · indirect via MONTRUSCO BOLTON INVESTMENTS INC. · control person · listed since Dec 2010
- No longer listedFONDS DE SOLIDARITE DES TRAVAILEURS DU QUEBEC · SHAREHOLDER · 25–50% · indirect via MONTRUSCO BOLTON INVESTMENTS INC. · control person · listed since Nov 2008
- No longer listedGAUVIN, KARL · VICE PRESIDENT, CORPORATE DEVELOPMENT · Less than 5% · control person · listed since Sep 2012
- No longer listedMONTRUSCO BOLTON, INC. · SHAREHOLDER · 75% or more · control person · listed since Jul 2005
- AddedAMG CANADA HOLDING CORP. · SHAREHOLDER · 25–50% · control person
- AddedBOUET, MICHAEL, PIERRE · SENIOR ANALYST · Less than 5% · control person
- AddedCHEONG, KIMBERLY, MELISSA · SENIOR ANALYST · Less than 5% · control person
- AddedFONDS DE SOLIDARITE DES TRAVAILEURS DU QUEBEC · SHAREHOLDER · 25–50% · control person
- AddedLEBLANC, ROBERT, YVON · VICE PRESIDENT, BUSINESS DEVELOPMENT · Less than 5% · control person
- AddedSHAHRIARI, BEHRAK · PORTFOLIO MANAGER · Less than 5% · control person
- ChangedCHIADMI, ISMAEL · title VICE PRESIDENT → SENIOR VICE PRESIDENT
- ChangedGODIN, CHRISTIAN · ownership Less than 5% → 5–10%
- ChangedGOLDSMITH, JOHN-HENRI · title PORTFOLIO MANAGER → VICE PRESIDENT, DEPUTY HEAD OF EQUITIES
- ChangedGUAY, RICHARD · ownership Less than 5% → 5–10%
- ChangedMELOCHE, JEAN-DAVID · title PORTFOLIO MANAGER → VICE PRESIDENT AND PORTFOLIO MANAGER
Mar 28, 2013 filing
- No longer listedBOISVERT, JOCELYN · VICE PRESIDENT, COMPLIANCE AND MARKETING · Less than 5% · control person · listed since Jul 1997
- No longer listedMELOCHE, JEAN · VICE PRESIDENT · Less than 5% · control person · listed since Jun 1988
- AddedGAUVIN, KARL · VICE PRESIDENT, CORPORATE DEVELOPMENT · Less than 5% · control person
Mar 29, 2012 filing (earliest on record)
- ListedAFFILIATED MANAGERS GROUP, INC. · SHAREHOLDER · 75% or more · indirect via AMG NORTH AMERICA HOLDING CORP. · control person
- ListedAMG CANADA HOLDING CORP. · SHAREHOLDER · 25–50% · indirect via MONTRUSCO BOLTON INVESTMENTS INC. · control person
- ListedAMG NORTH AMERICA HOLDING CORP. · SHAREHOLDER · 75% or more · indirect via AMG CANADA HOLDING CORP. · control person
- ListedAYOTTE, JEAN-CLAUDE · CHIEF COMPLIANCE OFFICER, CHIEF FINANCIAL OFFICER · Less than 5% · control person
- ListedBOISVERT, JOCELYN · VICE PRESIDENT, COMPLIANCE AND MARKETING · Less than 5% · control person
- ListedBOULE, SYLVAIN · PRESIDENT, CHIEF EXECUTIVE OFFICER · 10–25% · control person
- ListedBOURDAGES, BENOIT · VICE PRESIDENT, OPERATIONS · Less than 5% · control person
- ListedCHIADMI, ISMAEL · VICE PRESIDENT · Less than 5% · control person
- ListedFONDS DE SOLIDARITE DES TRAVAILEURS DU QUEBEC · SHAREHOLDER · 25–50% · indirect via MONTRUSCO BOLTON INVESTMENTS INC. · control person
- ListedGODIN, CHRISTIAN · SENIOR VICE PRESIDENT · Less than 5% · control person
- ListedGOLDSMITH, JOHN-HENRI · PORTFOLIO MANAGER · Less than 5% · control person
- ListedGUAY, RICHARD · SENIOR VICE PRESIDENT · Less than 5% · control person
- ListedMELOCHE, JEAN · VICE PRESIDENT · Less than 5% · control person
- ListedMELOCHE, JEAN-DAVID · PORTFOLIO MANAGER · Less than 5% · control person
- ListedMONTRUSCO BOLTON, INC. · SHAREHOLDER · 75% or more · control person
- ListedRUSSELL, TIMOTHY · VICE PRESIDENT · Less than 5% · control person
- ListedTHERIEN, GINETTE · VICE PRESIDENT ADMINISTRATION AND COMPLIANCE · Less than 5% · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- MICROSOFT CORP$79.4M +20.8%
- META PLATFORMS INC$25.3M +13.4%
- VALERO ENERGY CORP$15.8M +9.5%
- APPLE INC$10.2M +7.7%
- CENTERRA GOLD INC$9.2M +151.8%
Top Trims
- JPMORGAN CHASE & CO-$92.5M -30.6%
- MASTERCARD INCORPORATED-$82.3M -34.2%
- LAM RESEARCH CORP-$78.0M -26.8%
- BROADCOM INC-$76.2M -31.6%
- ALPHABET INC-$63.3M -16.2%
New Positions
- VERTEX PHARMACEUTICALS INC$78.4M
- CME GROUP INC$75.8M
- CHARLES SCHWAB CORP (THE)$67.9M
- SK HYNIX INC$10.1M
- ELEMENTAL RTY CORP$8.6M
Exited Positions
- BLACKROCK INC$41.7M
- CBIZ INC$11.0M
- BROOKFIELD WEALTH SOL LTD$7.6M
- ORLA MNG LTD NEW$4.6M
- ATS CORPORATION$2.9M
MONTRUSCO BOLTON INVESTMENTS INC. Holdings (2026-09-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | NVIDIA CORPORATION | NVDA | 67066G104 | $522.8M | 9.06% | 2,289,351 | SH |
| 2 | MICROSOFT CORP | MSFT | 594918104 | $460.4M | 7.98% | 897,738 | SH |
| 3 | ALPHABET INC | GOOGL | 02079K305 | $327.6M | 5.68% | 951,981 | SH |
| 4 | AMAZON COM INC | AMZN | 023135106 | $325.7M | 5.64% | 1,307,343 | SH |
| 5 | META PLATFORMS INC | META | 30303M102 | $213.8M | 3.71% | 294,862 | SH |
| 6 | LAM RESEARCH CORP | LRCX | 512807306 | $213.0M | 3.69% | 648,283 | SH |
| 7 | JPMORGAN CHASE & CO | JPM | 46625H100 | $210.2M | 3.64% | 635,233 | SH |
| 8 | DANAHER CORP DEL | DHR | 235851102 | $202.1M | 3.50% | 912,150 | SH |
| 9 | MICRON TECHNOLOGY INC | MU | 595112103 | $194.2M | 3.36% | 182,304 | SH |
| 10 | VALERO ENERGY CORP | VLO | 91913Y100 | $181.8M | 3.15% | 468,947 | SH |
| 11 | IDEXX LABS INC | IDXX | 45168D104 | $165.6M | 2.87% | 317,110 | SH |
| 12 | BROADCOM INC | AVGO | 11135F101 | $164.6M | 2.85% | 468,632 | SH |
| 13 | MASTERCARD INCORPORATED | MA | 57636Q104 | $158.2M | 2.74% | 286,931 | SH |
| 14 | AMPHENOL CORP | APH | 032095101 | $146.8M | 2.54% | 1,741,326 | SH |
| 15 | APPLE INC | AAPL | 037833100 | $142.1M | 2.46% | 426,645 | SH |
| 16 | MONSTER BEVERAGE CORP NEW | MNST | 61174X109 | $141.9M | 2.46% | 3,408,610 | SH |
| 17 | API GROUP CORP | APG | 00187Y100 | $132.0M | 2.29% | 3,420,856 | SH |
| 18 | LINDE PLC | LIN | G54950103 | $116.3M | 2.01% | 244,948 | SH |
| 19 | TAIWAN SEMICONDUCTOR MANUFAC | TSM | 874039100 | $114.6M | 1.99% | 251,239 | SH |
| 20 | WASTE CONNECTIONS INC | WCN | 94106B101 | $114.6M | 1.99% | 744,195 | SH |
| 21 | PUBLIC STORAGE | PSA | 74460D109 | $106.3M | 1.84% | 375,886 | SH |
| 22 | UBER TECHNOLOGIES INC | UBER | 90353T100 | $99.8M | 1.73% | 1,457,387 | SH |
| 23 | GE VERNOVA INC | GEV | 36828A101 | $82.9M | 1.44% | 87,243 | SH |
| 24 | CHIPOTLE MEXICAN GRILL INC | CMG | 169656105 | $78.7M | 1.36% | 2,462,514 | SH |
| 25 | VERTEX PHARMACEUTICALS INC | VRTX | 92532F100 | $78.4M | 1.36% | 149,888 | SH |
| 26 | CME GROUP INC | CME | 12572Q105 | $75.8M | 1.31% | 289,492 | SH |
| 27 | RYAN SPECIALTY HOLDINGS INC | RYAN | 78351F107 | $74.6M | 1.29% | 2,016,985 | SH |
| 28 | CHARLES SCHWAB CORP (THE) | SCHW | 808513105 | $67.9M | 1.18% | 695,062 | SH |
| 29 | SYNOPSYS INC | SNPS | 871607107 | $66.9M | 1.16% | 153,722 | SH |
| 30 | ZOETIS INC | ZTS | 98978V103 | $57.2M | 0.99% | 819,278 | SH |
| 31 | SUNBELT RENTALS HOLDINGS INC | SUNB | 866966104 | $51.8M | 0.90% | 698,976 | SH |
| 32 | ROYAL BK CDA | RY | 780087102 | $43.2M | 0.75% | 219,335 | SH |
| 33 | WALMART INC | WMT | 931142103 | $36.7M | 0.64% | 352,732 | SH |
| 34 | CHURCH & DWIGHT CO INC | CHD | 171340102 | $34.6M | 0.60% | 366,739 | SH |
| 35 | TRACTOR SUPPLY CO | TSCO | 892356106 | $34.5M | 0.60% | 1,103,804 | SH |
| 36 | TORONTO DOMINION BK ONT | TD | 891160509 | $33.6M | 0.58% | 284,911 | SH |
| 37 | ASTRAZENECA PLC | AZN | G0593M107 | $28.7M | 0.50% | 176,054 | SH |
| 38 | CGI INC | GIB | 12532H104 | $28.7M | 0.50% | 421,178 | SH |
| 39 | BANK NOVA SCOTIA B C | BNS | 064149107 | $26.0M | 0.45% | 284,891 | SH |
| 40 | TFI INTERNATIONAL INC | TFII | 87241L109 | $25.3M | 0.44% | 210,855 | SH |
| 41 | FIRSTSERVICE CORP NEW | FSV | 33767E202 | $25.1M | 0.43% | 195,494 | SH |
| 42 | BANK OF MONTREAL | BMO | 063671101 | $24.0M | 0.42% | 143,429 | SH |
| 43 | TREKOR METALS LTD | TGB | 89472Y107 | $23.0M | 0.40% | 2,578,107 | SH |
| 44 | DESCARTES SYS GROUP INC | DSGX | 249906108 | $20.6M | 0.36% | 254,503 | SH |
| 45 | CANADIAN NATL RY CO | CNI | 136375102 | $20.2M | 0.35% | 169,164 | SH |
| 46 | BOYD GROUP SERVICES INC | BGSI | 103310108 | $19.0M | 0.33% | 241,859 | SH |
| 47 | WHEATON PRECIOUS METALS CORP | WPM | 962879102 | $16.5M | 0.29% | 123,425 | SH |
| 48 | AGNICO EAGLE MINES LTD | AEM | 008474108 | $15.3M | 0.27% | 83,567 | SH |
| 49 | CENTERRA GOLD INC | CGAU | 152006102 | $15.2M | 0.26% | 696,739 | SH |
| 50 | SUN LIFE FINANCIAL INC. | SLF | 866796105 | $15.0M | 0.26% | 191,573 | SH |
Filing History
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-13 | $5.77B | 85 | 0001475940-26-000009 |
| 2026-06-30 | 2026-07-21 | $6.46B | 80 | 0001475940-26-000006 |
| 2026-03-31 | 2026-04-28 | $6.61B | 72 | 0001475940-26-000003 |
| 2025-12-31 | 2026-01-29 | $8.03B | 73 | 0001475940-26-000001 |
Filer Information
Address
1501 MCGILL COLLEGE AVENUESUITE 1200
MONTREAL H3A 3M8
Phone
(514) 842-6464
Filing Manager
MONTRUSCO BOLTON INVESTMENTS INC.
MONTREAL, A8
Signatory
Ginette Therien
Senior VP, Governance and CCO