Manitou Investment Management Ltd.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), Manitou Investment Management Ltd. reported 56 stock positions worth $570.7 million. Its top holding was Alphabet Class A (GOOGL) at 15.5% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 14.9%) and Amazon.com (AMZN, 8.8%). Compared with Q3 2025, it sold out of 1, added to 6 and reduced 8. The biggest buy was Stryker (SYK, shares +67%) and the biggest sale an exit from Home Depot (HD).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001657428
- Portfolio Value
- $570.7M (Q4 2025)
- SEC Filing
- 0001062993-26-000755 ↗ filed Feb 10, 2026
Holdings Value
Holdings 56 stocks · $570.7M
| GOOGL Alphabet Inc. Class A | 15.48% | 282,319 | $88.4M | Reduce -15.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 14.88% | 169,000 | $84.9M | Add +0.1% |
| AMZN Amazon.com Inc. | 8.79% | 217,377 | $50.2M | Add +0.9% |
| MSFT Microsoft Corp. | 8.67% | 102,332 | $49.5M | Reduce -0.3% |
| IDXX Idexx Laboratories Inc. | 8.18% | 68,992 | $46.7M | Reduce -27.4% |
| APH Amphenol Corp. Class A | 7.04% | 297,371 | $40.2M | Reduce -8.2% |
| MA Mastercard Inc. Class A | 6.96% | 69,564 | $39.7M | Reduce -0.4% |
| JPM JPMorgan Chase & Co. | 6.34% | 112,224 | $36.2M | Reduce -0.5% |
| ROP Roper Technologies Inc. | 6.25% | 80,166 | $35.7M | Add +8.8% |
| SYK Stryker Corp. | 5.12% | 83,091 | $29.2M | Add +66.7% |
| AAPL Apple Inc. | 3.47% | 72,811 | $19.8M | Reduce -1.1% |
| META Meta Platforms Inc. Class A | 3.17% | 27,440 | $18.1M | Add +81.5% |
| EW Edwards Lifesciences Corp. | 2.76% | 184,741 | $15.7M | Add +0.8% |
| BN Brookfield Corp. | 0.68% | 84,503 | $3.9M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.53% | 4 | $3.0M | No change |
| MKL Markel Group Inc. | 0.43% | 1,140 | $2.5M | No change |
| CRH CRH PLC | 0.29% | 13,096 | $1.6M | No change |
| V Visa Inc. Class A | 0.24% | 3,986 | $1.4M | No change |
| DHR Danaher Corp. | 0.23% | 5,785 | $1.3M | No change |
| CME Cme Group Inc. | 0.19% | 3,915 | $1.1M | No change |
| GOOG Alphabet Inc. Class C | 0.04% | 800 | $251K | No change |
| COST Costco Wholesale Corp. | 0.03% | 215 | $185K | No change |
| WFC Wells Fargo & Co. | 0.02% | 1,220 | $114K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.02% | 1,725 | $95K | No change |
| JNJ Johnson & Johnson | 0.02% | 420 | $87K | Reduce -56.7% |
| FRMO Frmo Corp. | 0.01% | 11,500 | $84K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.01% | 280 | $83K | No change |
| USB US Bancorp | 0.01% | 1,510 | $81K | No change |
| APA Apa Corp. | 0.01% | 3,130 | $77K | No change |
| LIN Linde PLC | 0.01% | 157 | $67K | No change |
| NVO Novo-Nordisk A/S-Spons ADR | 0.01% | 1,159 | $59K | No change |
| WELL Welltower Inc. | 0.01% | 270 | $50K | No change |
| SOBO South Bow Corp. | 0.01% | 1,700 | $47K | No change |
| MMM 3M Co. | 0.01% | 290 | $46K | No change |
| LLY Eli Lilly & Co. | 0.01% | 40 | $43K | No change |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.01% | 278 | $43K | No change |
| WHR Whirlpool Corp. | 0.01% | 559 | $40K | No change |
| CAT Caterpillar Inc. | 0.01% | 65 | $37K | No change |
| HON Honeywell International Inc. | 0.01% | 165 | $32K | No change |
| FAST Fastenal Co. | 0.01% | 784 | $31K | No change |
| WMT Walmart Inc. | 0.01% | 255 | $28K | No change |
| LRLCY L'oreal-Unsponsored ADR | 0.00% | 256 | $22K | No change |
| NSRGY Nestle SA-Spons ADR | 0.00% | 210 | $21K | No change |
| LULU Lululemon Athletica Inc. | 0.00% | 85 | $18K | No change |
| WSO Watsco Inc. | 0.00% | 50 | $17K | No change |
| XRAY Dentsply Sirona Inc. | 0.00% | 1,451 | $17K | No change |
| PSA Public Storage | 0.00% | 27 | $7K | No change |
| EA Electronic Arts Inc. | 0.00% | 19 | $4K | No change |
| COIN Coinbase Global Inc. Class A | 0.00% | 12 | $3K | No change |
| XYZ Block Inc. | 0.00% | 29 | $2K | No change |
| PENN Penn Entertainment Inc. | 0.00% | 119 | $2K | No change |
| ENVX Enovix Corp. | 0.00% | 140 | $1K | No change |
| REZI Resideo Technologies Inc. | 0.00% | 27 | $948 | No change |
| GTX Garrett Motion Inc. | 0.00% | 16 | $279 | No change |
| WAB Wabtec Corp. | 0.00% | 1 | $213 | No change |
| TRANSTEL SA COMMON | 0.00% | 33 | $33 | No change |
Portfolio Sells Q3 2025 → Q4 2025
| HD Home Depot Inc. | Sold out | 0.00% | −2.68 |
| IDXX Idexx Laboratories Inc. | Reduce -27.4% | 8.18% | −2.42 |
| MSFT Microsoft Corp. | Reduce -0.3% | 8.67% | −0.61 |
| JNJ Johnson & Johnson | Reduce -56.7% | 0.02% | −0.02 |
| MA Mastercard Inc. Class A | Reduce -0.4% | 6.96% | +0.03 |
| APH Amphenol Corp. Class A | Reduce -8.2% | 7.04% | +0.05 |
| JPM JPMorgan Chase & Co. | Reduce -0.5% | 6.34% | +0.13 |
| AAPL Apple Inc. | Reduce -1.1% | 3.47% | +0.20 |
| GOOGL Alphabet Inc. Class A | Reduce -15.4% | 15.48% | +1.33 |
Portfolio Buys Q3 2025 → Q4 2025
| SYK Stryker Corp. | Add +66.7% | 5.12% | +1.90 |
| META Meta Platforms Inc. Class A | Add +81.5% | 3.17% | +1.24 |
| AMZN Amazon.com Inc. | Add +0.9% | 8.79% | +0.54 |
| EW Edwards Lifesciences Corp. | Add +0.8% | 2.76% | +0.27 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.1% | 14.88% | +0.07 |
| ROP Roper Technologies Inc. | Add +8.8% | 6.25% | −0.16 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 48 | $537.9M | BRK.B, GOOGL, AMZN, MSFT, APH |
| Q1 2026 | 52 | $505.6M | BRK.B, GOOGL, AMZN, MSFT, ROP |
| Q4 2025 | 56 | $570.7M | GOOGL, BRK.B, AMZN, MSFT, IDXX |
| Q3 2025 | 57 | $573.2M | BRK.B, GOOGL, IDXX, MSFT, AMZN |
| Q2 2025 | 61 | $525.8M | BRK.B, GOOGL, MSFT, IDXX, AMZN |
| Q1 2025 | 66 | $514.4M | BRK.B, GOOGL, AMZN, ROP, MSFT |
| Q4 2024 | 55 | $506.2M | BRK.B, GOOGL, MSFT, AMZN, MA |
| Q3 2024 | 55 | $525.7M | BRK.B, MSFT, GOOGL, AAPL, ROP |
| Q2 2024 | 55 | $447.0M | BRK.B, GOOGL, MSFT, AAPL, JPM |
| Q1 2024 | 54 | $499.4M | BRK.B, GOOGL, MSFT, JPM, MA |