HughesLittle Investment Management Ltd.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed March 20, 2026), HughesLittle Investment Management Ltd. reported 17 stock positions worth $479.6 million. Its top holding was Visa Class A (V) at 13.4% of the portfolio, followed by Schwab (charles) (SCHW, 12.5%) and Taiwan Semiconductor-SP ADR (TSM, 11.5%). Compared with Q4 2024, it added to 8 and reduced 6. The biggest buy was Schwab (charles) (SCHW, shares +13%) and the biggest sale Apple (AAPL, shares −98%).

Most Recent 13F
Q2 2026
Location
Vancouver, A1
CIK
0002106035
Portfolio Value
$479.6M (Q1 2025)
SEC Filing
0001493152-26-011997 ↗ filed Mar 20, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $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 $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 · $479.6M
V Visa Inc. Class A 13.45% 184,014 $64.5M Reduce -0.1%
SCHW Schwab (charles) Corp. 12.49% 765,460 $59.9M Add +13.3%
TSM Taiwan Semiconductor-SP ADR 11.46% 331,045 $55.0M Add +6.0%
AMZN Amazon.com Inc. 11.45% 288,505 $54.9M Add +15.0%
BN Brookfield Corp. 11.44% 1,047,724 $54.9M Add +0.3%
FLUT Flutter Entertainment PLC-Di 10.83% 237,115 $51.9M Add +6.4%
MA Mastercard Inc. Class A 7.39% 64,667 $35.4M Reduce -0.1%
ASML ASML Holding NV-NY Reg SHS 6.94% 50,220 $33.3M Add +21.4%
GOOGL Alphabet Inc. Class A 5.75% 178,325 $27.6M Add +10.1%
CIGI Colliers Intl GR-Subord Vot 4.76% 188,590 $22.8M Reduce -8.7%
LVS Las Vegas Sands Corp. 3.38% 419,773 $16.2M Add +2.5%
BRK.B Berkshire Hathaway Inc. Class B 0.17% 1,500 $799K No change
BAM Brookfield Asset Mgmt-A 0.16% 15,511 $752K Reduce -4.8%
MCO Moody's Corp. 0.13% 1,341 $624K Reduce -94.8%
AAPL Apple Inc. 0.10% 2,070 $460K Reduce -98.2%
COST Costco Wholesale Corp. 0.06% 315 $298K No change
UNP Union Pacific Corp. 0.05% 1,050 $248K No change

Portfolio Sells Q4 2024 → Q1 2025
AAPL Apple Inc. Reduce -98.2% 0.10% −5.29
MCO Moody's Corp. Reduce -94.8% 0.13% −2.18
CIGI Colliers Intl GR-Subord Vot Reduce -8.7% 4.76% −0.55
BAM Brookfield Asset Mgmt-A Reduce -4.8% 0.16% −0.01
MA Mastercard Inc. Class A Reduce -0.1% 7.39% +0.94
V Visa Inc. Class A Reduce -0.1% 13.45% +2.42

Portfolio Buys Q4 2024 → Q1 2025
SCHW Schwab (charles) Corp. Add +13.3% 12.49% +3.02
ASML ASML Holding NV-NY Reg SHS Add +21.4% 6.94% +1.51
AMZN Amazon.com Inc. Add +15.0% 11.45% +1.02
BN Brookfield Corp. Add +0.3% 11.44% +0.09
GOOGL Alphabet Inc. Class A Add +10.1% 5.75% −0.06
FLUT Flutter Entertainment PLC-Di Add +6.4% 10.83% −0.13
TSM Taiwan Semiconductor-SP ADR Add +6.0% 11.46% −0.23
LVS Las Vegas Sands Corp. Add +2.5% 3.38% −0.60

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