HughesLittle Investment Management Ltd.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed March 20, 2026), HughesLittle Investment Management Ltd. reported 17 stock positions worth $455.7 million. Its top holding was Visa Class A (V) at 10.7% of the portfolio, followed by Schwab (charles) (SCHW, 10.7%) and Taiwan Semiconductor-SP ADR (TSM, 9.9%). Compared with Q4 2023, it opened 2 new positions, sold out of 1, added to 2 and reduced 10. The biggest buy was a new position in Flutter Entertainment PLC-Di (FLUT) and the biggest sale Moody's (MCO, shares −43%).

Most Recent 13F
Q2 2026
Location
Vancouver, A1
CIK
0002106035
Portfolio Value
$455.7M (Q1 2024)
SEC Filing
0001493152-26-011976 ↗ filed Mar 20, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $455.7M $455.7M Q1 2024 Q2 2024: $455.7M Q2 2024 Q3 2024: $491.6M Q3 2024 Q4 2024: $528.1M Q4 2024 Q1 2025: $479.6M Q1 2025 Q2 2025: $487.1M Q2 2025 Q3 2025: $598.1M Q3 2025 Q4 2025: $603.7M Q4 2025 Q1 2026: $510.8M Q1 2026 Q2 2026: $577.1M Q2 2026

Holdings 17 stocks · $455.7M

V Visa Inc. Class A 10.71% 174,924 $48.8M Reduce -0.5%
SCHW Schwab (charles) Corp. 10.70% 674,340 $48.8M No change
TSM Taiwan Semiconductor-SP ADR 9.88% 330,940 $45.0M Add +11.9%
FLUT Flutter Entertainment PLC-Di 9.75% 222,825 $44.4M New
AMZN Amazon.com Inc. 9.70% 245,105 $44.2M No change
BN Brookfield Corp. 9.51% 1,035,590 $43.3M Reduce -0.3%
ASML ASML Holding NV-NY Reg SHS 8.10% 38,045 $36.9M Reduce -0.1%
MA Mastercard Inc. Class A 6.53% 61,787 $29.8M Reduce -1.1%
AAPL Apple Inc. 6.17% 164,006 $28.1M Reduce -12.1%
GOOGL Alphabet Inc. Class A 5.36% 161,945 $24.4M Reduce -2.2%
CIGI Colliers Intl GR-Subord Vot 5.15% 192,010 $23.5M Add +1.0%
MCO Moody's Corp. 3.22% 37,298 $14.7M Reduce -43.3%
LAUDER ESTEE COS INC 2.78% 82,240 $12.7M Reduce -2.8%
BAM Brookfield Asset Mgmt-A 2.19% 237,689 $10.0M Reduce -8.1%
BRK.B Berkshire Hathaway Inc. Class B 0.14% 1,500 $631K New
UNP Union Pacific Corp. 0.06% 1,050 $258K No change
COST Costco Wholesale Corp. 0.05% 315 $231K Reduce -53.3%

Portfolio Sells Q4 2023 → Q1 2024

MCO Moody's Corp. Reduce -43.3% 3.22% −3.37
AAPL Apple Inc. Reduce -12.1% 6.17% −3.04
BN Brookfield Corp. Reduce -0.3% 9.51% −1.19
V Visa Inc. Class A Reduce -0.5% 10.71% −1.02
GOOGL Alphabet Inc. Class A Reduce -2.2% 5.36% −0.56
BAM Brookfield Asset Mgmt-A Reduce -8.1% 2.19% −0.48
LAUDER ESTEE COS INC Reduce -2.8% 2.78% −0.39
MA Mastercard Inc. Class A Reduce -1.1% 6.53% −0.30
BRK.A Berkshire Hathaway Inc. Class A Sold out 0.00% −0.14
COST Costco Wholesale Corp. Reduce -53.3% 0.05% −0.06
ASML ASML Holding NV-NY Reg SHS Reduce -0.1% 8.10% +0.71

Portfolio Buys Q4 2023 → Q1 2024

FLUT Flutter Entertainment PLC-Di New 9.75% +9.75
TSM Taiwan Semiconductor-SP ADR Add +11.9% 9.88% +2.00
BRK.B Berkshire Hathaway Inc. Class B New 0.14% +0.14
CIGI Colliers Intl GR-Subord Vot Add +1.0% 5.15% −1.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 13$577.1MTSM, AMZN, BN, SCHW, V
Q1 2026 14$510.8MTSM, SCHW, BN, AMZN, UBER
Q4 2025Amended 14$603.7MTSM, SCHW, BN, AMZN, V
Q3 2025Amended 15$598.1MTSM, SCHW, BN, AMZN, FLUT
Q2 2025Amended 15$487.1MTSM, SCHW, BN, AMZN, V
Q1 2025Amended 17$479.6MV, SCHW, TSM, AMZN, BN
Q4 2024Amended 17$528.1MTSM, BN, V, FLUT, AMZN
Q3 2024Amended 17$491.6MBN, TSM, FLUT, V, AMZN
Q2 2024Amended 17$455.7MTSM, SCHW, AMZN, V, BN
Q1 2024Amended 17$455.7MV, SCHW, TSM, FLUT, AMZN