Montrusco Bolton Investments Inc.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 21, 2026), Montrusco Bolton Investments Inc. reported 80 stock positions worth $6.5 billion. Its top holding was Nvidia (NVDA) at 8.2% of the portfolio, followed by Alphabet Class A (GOOGL, 6.1%) and Microsoft (MSFT, 5.9%). Compared with Q1 2026, it opened 11 new positions, sold out of 3, added to 13 and reduced 52. The biggest buy was a new position in Micron Technology (MU) and the biggest sale Waste Connections (WCN, shares −47%).
- Most Recent 13F
- Q2 2026
- Location
- MONTREAL, A8
- CIK
- 0001475940
- Portfolio Value
- $6.5B (Q2 2026)
- SEC Filing
- 0001475940-26-000006 ↗ filed Jul 21, 2026
Holdings Value
Holdings 80 stocks · $6.5B
| NVDA Nvidia Corp. | 8.18% | 2,638,049 | $527.8M | Reduce -27.9% |
| GOOGL Alphabet Inc. Class A | 6.05% | 1,093,614 | $390.8M | Reduce -22.1% |
| MSFT Microsoft Corp. | 5.90% | 1,021,431 | $381.0M | Reduce -18.3% |
| AMZN Amazon.com Inc. | 5.82% | 1,576,144 | $375.7M | Reduce -13.6% |
| JPM JPMorgan Chase & Co. | 4.69% | 924,638 | $302.7M | Reduce -25.8% |
| LRCX Lam Research Corp. | 4.51% | 671,482 | $291.0M | Reduce -2.0% |
| AVGO Broadcom Inc. | 3.73% | 637,407 | $240.8M | Add +1.9% |
| MA Mastercard Inc. Class A | 3.73% | 468,356 | $240.5M | Reduce -4.4% |
| MU Micron Technology Inc. | 3.65% | 204,062 | $235.5M | New |
| MNST Monster Beverage Corp. | 3.15% | 2,113,791 | $203.2M | Reduce -28.6% |
| DHR Danaher Corp. | 3.14% | 1,064,582 | $202.8M | Reduce -20.6% |
| IDXX Idexx Laboratories Inc. | 3.04% | 372,788 | $196.3M | Add +9.0% |
| META Meta Platforms Inc. Class A | 2.92% | 334,610 | $188.5M | Reduce -20.8% |
| TSM Taiwan Semiconductor-SP ADR | 2.68% | 362,899 | $173.3M | Reduce -28.9% |
| APG Api Group Corp. | 2.66% | 4,051,726 | $171.6M | Reduce -12.9% |
| VLO Valero Energy Corp. | 2.57% | 637,430 | $166.0M | Reduce -31.9% |
| WCN Waste Connections Inc. | 2.52% | 974,830 | $162.5M | Reduce -46.5% |
| APH Amphenol Corp. Class A | 2.43% | 889,016 | $156.8M | Reduce -5.0% |
| PSA Public Storage | 2.16% | 438,832 | $139.7M | Reduce -15.3% |
| AAPL Apple Inc. | 2.04% | 455,851 | $131.9M | Reduce -26.4% |
| LIN Linde PLC | 1.95% | 242,597 | $125.9M | New |
| UBER Uber Technologies Inc. | 1.91% | 1,712,052 | $123.5M | Reduce -23.6% |
| CMG Chipotle Mexican Grill Inc. | 1.63% | 3,095,354 | $105.2M | Reduce -35.0% |
| RYAN Ryan Specialty Holdings Inc. | 1.57% | 2,689,031 | $101.5M | Reduce -33.1% |
| SNPS Synopsys Inc. | 1.40% | 202,769 | $90.4M | Reduce -27.9% |
| GEV GE Vernova Inc. | 1.37% | 75,528 | $88.7M | New |
| ZTS Zoetis Inc. | 1.24% | 1,111,383 | $79.9M | Reduce -33.3% |
| RY Royal Bank of Canada | 0.81% | 252,983 | $52.4M | Reduce -9.1% |
| SUNB Sunbelt Rentals Holdings Inc. | 0.75% | 662,699 | $48.3M | Reduce -33.9% |
| BLK BlackRock Inc. | 0.65% | 43,323 | $41.7M | Add +11.3% |
| AZN Astrazeneca PLC | 0.63% | 218,063 | $40.8M | New |
| TD Toronto-Dominion Bank | 0.60% | 317,741 | $38.6M | Reduce -13.6% |
| TSCO Tractor Supply Company | 0.58% | 1,180,097 | $37.3M | Reduce -8.6% |
| FSV Firstservice Corp. | 0.56% | 254,333 | $36.2M | Reduce -3.5% |
| CHD Church & Dwight Co. Inc. | 0.53% | 354,380 | $34.3M | New |
| WMT Walmart Inc. | 0.51% | 292,798 | $33.2M | Reduce -50.9% |
| GIB Cgi Inc. | 0.50% | 500,474 | $32.3M | Reduce -4.3% |
| TFII Tfi International Inc. | 0.47% | 211,254 | $30.4M | Reduce -11.3% |
| BMO Bank of Montreal filed as BANK MONTREAL MEDIUM | 0.47% | 171,898 | $30.4M | Reduce -16.1% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA B C | 0.41% | 305,579 | $26.6M | New |
| BGSI Boyd Group Services Inc. | 0.36% | 245,132 | $23.2M | Reduce -12.5% |
| AEM Agnico Eagle Mines Ltd. | 0.35% | 146,585 | $22.8M | Reduce -9.9% |
| CNI Canadian Natl Railway Co. | 0.34% | 184,690 | $22.0M | Reduce -5.5% |
| TGB Trekor Metals Ltd. | 0.29% | 2,740,135 | $18.9M | Reduce -9.6% |
| BAM Brookfield Asset Mgmt-A | 0.27% | 394,654 | $17.7M | Add +14.3% |
| DSGX The Descartes Systems Grp | 0.27% | 251,870 | $17.4M | Add +2.3% |
| WPM Wheaton Precious Metals Corp. | 0.26% | 151,403 | $17.0M | Reduce -22.7% |
| DOO BRP Inc./Ca- Sub Voting | 0.25% | 267,248 | $16.3M | Add +20.6% |
| AYA Aya Gold & Silver Inc. | 0.25% | 841,081 | $15.9M | New |
| SLF Sun Life Financial Inc. | 0.24% | 200,872 | $15.8M | Add +0.0% |
| SU Suncor Energy Inc. | 0.24% | 290,970 | $15.6M | Reduce -39.2% |
| RBA RB Global Inc. | 0.23% | 127,548 | $14.8M | Reduce -18.1% |
| CIGI Colliers Intl GR-Subord Vot | 0.19% | 132,092 | $12.4M | Reduce -9.1% |
| CAE Cae Inc. | 0.19% | 484,500 | $12.1M | Reduce -14.3% |
| GIL Gildan Activewear Inc. | 0.18% | 226,300 | $11.7M | Reduce -7.4% |
| CBZ Cbiz Inc. | 0.17% | 342,221 | $11.0M | Add +0.7% |
| PBA Pembina Pipeline Corp. | 0.16% | 224,122 | $10.4M | Reduce -0.1% |
| EXK Endeavour Silver Corp. | 0.15% | 1,158,855 | $9.6M | Reduce -9.6% |
| CCJ Cameco Corp. | 0.14% | 90,367 | $9.2M | Reduce -3.8% |
| MDA Mda Space Ltd. | 0.13% | 202,497 | $8.4M | Reduce -39.2% |
| CNM Core & Main Inc. Class A | 0.13% | 168,215 | $8.1M | Add +0.6% |
| BNT Brookfield Wealth Solutions | 0.12% | 179,200 | $7.6M | Reduce -41.7% |
| OR Or Royalties Inc. | 0.12% | 236,714 | $7.5M | Reduce -7.0% |
| OTEX Open Text Corp. | 0.11% | 318,459 | $7.0M | Add +48.4% |
| POOL Pool Corp. | 0.11% | 32,295 | $6.9M | No change |
| ITRG Integra Resources Corp. | 0.10% | 2,820,394 | $6.3M | Add +5.6% |
| CGAU Centerra Gold Inc. | 0.09% | 381,557 | $6.0M | New |
| ORLA Orla Mining Ltd. filed as ORLA MNG LTD NEW | 0.07% | 468,027 | $4.6M | Add +30.2% |
| BN Brookfield Corp. | 0.06% | 88,242 | $3.8M | Reduce -0.1% |
| SPSC SPS Commerce Inc. | 0.06% | 63,300 | $3.6M | No change |
| ATS Ats Corp. | 0.04% | 99,056 | $2.9M | Reduce -42.1% |
| SHOP Shopify Inc. Class A | 0.04% | 23,843 | $2.7M | Reduce -10.4% |
| USAS Americas Gold and Silver Cor | 0.04% | 496,915 | $2.4M | Reduce -9.7% |
| SE Sea Ltd.-ADR | 0.03% | 20,834 | $2.0M | New |
| AER Aercap Holdings NV | 0.02% | 10,395 | $1.5M | New |
| EQX Equinox Gold Corp. | 0.02% | 147,776 | $1.4M | Reduce -0.9% |
| PG The Procter & Gamble Co. | 0.02% | 9,067 | $1.3M | No change |
| EFXT Enerflex Ltd. | 0.01% | 26,650 | $654K | New |
| LSPD Lightspeed Commerce Inc. | 0.01% | 34,000 | $356K | No change |
| CP Canadian Pacific Kansas City | 0.00% | 3,046 | $264K | Add +1.4% |
Portfolio Sells Q1 2026 → Q2 2026
| WCN Waste Connections Inc. | Reduce -46.5% | 2.52% | −1.82 |
| SHW The Sherwin-Williams Co. | Sold out | 0.00% | −1.71 |
| ZTS Zoetis Inc. | Reduce -33.3% | 1.24% | −1.66 |
| NVDA Nvidia Corp. | Reduce -27.9% | 8.18% | −1.19 |
| VLO Valero Energy Corp. | Reduce -31.9% | 2.57% | −0.93 |
| MSFT Microsoft Corp. | Reduce -18.3% | 5.90% | −0.90 |
| JPM JPMorgan Chase & Co. | Reduce -25.8% | 4.69% | −0.70 |
| META Meta Platforms Inc. Class A | Reduce -20.8% | 2.92% | −0.64 |
| CMG Chipotle Mexican Grill Inc. | Reduce -35.0% | 1.63% | −0.61 |
| WMT Walmart Inc. | Reduce -50.9% | 0.51% | −0.61 |
| DHR Danaher Corp. | Reduce -20.6% | 3.14% | −0.58 |
| UBER Uber Technologies Inc. | Reduce -23.6% | 1.91% | −0.45 |
| RYAN Ryan Specialty Holdings Inc. | Reduce -33.1% | 1.57% | −0.43 |
| AAPL Apple Inc. | Reduce -26.4% | 2.04% | −0.33 |
| TSCO Tractor Supply Company | Reduce -8.6% | 0.58% | −0.31 |
| SNPS Synopsys Inc. | Reduce -27.9% | 1.40% | −0.24 |
| SU Suncor Energy Inc. | Reduce -39.2% | 0.24% | −0.23 |
| BGSI Boyd Group Services Inc. | Reduce -12.5% | 0.36% | −0.18 |
| AEM Agnico Eagle Mines Ltd. | Reduce -9.9% | 0.35% | −0.15 |
| WPM Wheaton Precious Metals Corp. | Reduce -22.7% | 0.26% | −0.12 |
| APG Api Group Corp. | Reduce -12.9% | 2.66% | −0.12 |
| SUNB Sunbelt Rentals Holdings Inc. | Reduce -33.9% | 0.75% | −0.12 |
| GIB Cgi Inc. | Reduce -4.3% | 0.50% | −0.08 |
| BNT Brookfield Wealth Solutions | Reduce -41.7% | 0.12% | −0.07 |
| AGI Alamos Gold Inc. Class A | Sold out | 0.00% | −0.06 |
| CIGI Colliers Intl GR-Subord Vot | Reduce -9.1% | 0.19% | −0.04 |
| CAE Cae Inc. | Reduce -14.3% | 0.19% | −0.03 |
| EXK Endeavour Silver Corp. | Reduce -9.6% | 0.15% | −0.03 |
| OR Or Royalties Inc. | Reduce -7.0% | 0.12% | −0.03 |
| ATS Ats Corp. | Reduce -42.1% | 0.04% | −0.03 |
| MNST Monster Beverage Corp. | Reduce -28.6% | 3.15% | −0.03 |
| GIL Gildan Activewear Inc. | Reduce -7.4% | 0.18% | −0.02 |
| CCJ Cameco Corp. | Reduce -3.8% | 0.14% | −0.01 |
| EQX Equinox Gold Corp. | Reduce -0.9% | 0.02% | −0.01 |
| UFPT Ufp Technologies Inc. | Sold out | 0.00% | −0.01 |
| USAS Americas Gold and Silver Cor | Reduce -9.7% | 0.04% | −0.01 |
| SHOP Shopify Inc. Class A | Reduce -10.4% | 0.04% | −0.01 |
| TGB Trekor Metals Ltd. | Reduce -9.6% | 0.29% | −0.00 |
| MDA Mda Space Ltd. | Reduce -39.2% | 0.13% | +0.00 |
| BN Brookfield Corp. | Reduce -0.1% | 0.06% | +0.00 |
| RBA RB Global Inc. | Reduce -18.1% | 0.23% | +0.00 |
| FSV Firstservice Corp. | Reduce -3.5% | 0.56% | +0.01 |
| PBA Pembina Pipeline Corp. | Reduce -0.1% | 0.16% | +0.01 |
| CNI Canadian Natl Railway Co. | Reduce -5.5% | 0.34% | +0.04 |
| BMO Bank of Montreal | Reduce -16.1% | 0.47% | +0.05 |
| TFII Tfi International Inc. | Reduce -11.3% | 0.47% | +0.08 |
| TD Toronto-Dominion Bank | Reduce -13.6% | 0.60% | +0.08 |
| GOOGL Alphabet Inc. Class A | Reduce -22.1% | 6.05% | +0.09 |
| PSA Public Storage | Reduce -15.3% | 2.16% | +0.11 |
| RY Royal Bank of Canada | Reduce -9.1% | 0.81% | +0.13 |
Portfolio Buys Q1 2026 → Q2 2026
| MU Micron Technology Inc. | New | 3.65% | +3.65 |
| LIN Linde PLC | New | 1.95% | +1.95 |
| GEV GE Vernova Inc. | New | 1.37% | +1.37 |
| AVGO Broadcom Inc. | Add +1.9% | 3.73% | +0.89 |
| AZN Astrazeneca PLC | New | 0.63% | +0.63 |
| CHD Church & Dwight Co. Inc. | New | 0.53% | +0.53 |
| BNS Bank of Nova Scotia | New | 0.41% | +0.41 |
| AYA Aya Gold & Silver Inc. | New | 0.25% | +0.25 |
| IDXX Idexx Laboratories Inc. | Add +9.0% | 3.04% | +0.21 |
| CGAU Centerra Gold Inc. | New | 0.09% | +0.09 |
| BLK BlackRock Inc. | Add +11.3% | 0.65% | +0.08 |
| SLF Sun Life Financial Inc. | Add +0.0% | 0.24% | +0.05 |
| BAM Brookfield Asset Mgmt-A | Add +14.3% | 0.27% | +0.04 |
| OTEX Open Text Corp. | Add +48.4% | 0.11% | +0.04 |
| CBZ Cbiz Inc. | Add +0.7% | 0.17% | +0.03 |
| SE Sea Ltd.-ADR | New | 0.03% | +0.03 |
| AER Aercap Holdings NV | New | 0.02% | +0.02 |
| DOO BRP Inc./Ca- Sub Voting | Add +20.6% | 0.25% | +0.01 |
| EFXT Enerflex Ltd. | New | 0.01% | +0.01 |
| DSGX The Descartes Systems Grp | Add +2.3% | 0.27% | +0.00 |
| CNM Core & Main Inc. Class A | Add +0.6% | 0.13% | +0.00 |
| CP Canadian Pacific Kansas City | Add +1.4% | 0.00% | +0.00 |
| ITRG Integra Resources Corp. | Add +5.6% | 0.10% | −0.01 |
| ORLA Orla Mining Ltd. | Add +30.2% | 0.07% | −0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 80 | $6.5B | NVDA, GOOGL, MSFT, AMZN, JPM |
| Q1 2026 | 72 | $6.6B | NVDA, MSFT, GOOGL, AMZN, JPM |
| Q4 2025 | 73 | $8.0B | MSFT, NVDA, GOOGL, AMZN, WCN |
| Q3 2025 | 78 | $8.6B | MSFT, NVDA, AMZN, GOOGL, JPM |
| Q2 2025 | 75 | $9.0B | MSFT, NVDA, AMZN, META, JPM |
| Q1 2025 | 62 | $7.6B | MSFT, NVDA, AMZN, GOOGL, BLK |
| Q4 2024 | 61 | $8.3B | MSFT, NVDA, AMZN, GOOGL, MA |
| Q3 2024 | 62 | $9.5B | MSFT, NVDA, AMZN, MA, GOOGL |
| Q2 2024 | 58 | $9.5B | MSFT, NVDA, GOOGL, AMGN, AMZN |
| Q1 2024 | 58 | $9.4B | MSFT, MA, NVDA, GOOGL, AMGN |