How is hedge fund similarity measured?

Similarity is computed from each fund's top conviction holdings in their latest 13F filing. Funds are scored by the overlap of distinctive shared positions (the mega-caps that nearly every fund owns are excluded), so the ranking reflects genuinely shared strategy rather than common index exposure.

Hedge Funds Similar to LOUISBOURG INVESTMENTS

13F Portfolio OverlapQ1 2026LOUISBOURG INVESTMENTS portfolio →

Institutional-grade research for retail investors

Most similar hedge funds by 13F overlap

LOUISBOURG INVESTMENTS INC. is an institutional investor managing $529M across 216 U.S. equity positions as of Q1 2026. Based on the overlap of conviction holdings in their latest 13F filings, the hedge funds with portfolios most similar to LOUISBOURG INVESTMENTS are MUFG SECURITIES (CANADA), LTD., Scheer, Rowlett & Associates Investment Ltd., Addenda, with shared positions in $SHOP, $CNI, $WPM, $BN, $FNV, $CNQ. The full ranking of 25 similar funds is below.

#1MUFG SECURITIES (CANADA), LTD.Active

Substantial overlap · 16 shared positions

$SHOP $CNI $WPM $BN $FNV $CNQ

$3.5B

43 positions

#2Scheer, Rowlett & Associates Investment Management Ltd.Active

Notable overlap · 13 shared positions

$CNI $BN $OR $FNV $CNQ $CVE

$1.4B

33 positions

#3Addenda Capital Inc.Active

Notable overlap · 12 shared positions

$SHOP $WPM $BN $CNI $FNV $CNQ

$3.6B

129 positions

#4PICTON MAHONEY ASSET MANAGEMENTPassive

Notable overlap · 13 shared positions

$SHOP $BN $FNV $OR $CNQ $CVE

$13.5B

1,238 positions

#5GUARDIAN CAPITAL LPActive

Notable overlap · 12 shared positions

$BN $GIL $SHOP $CNQ $BGSI $WPM

$3.8B

177 positions

#6Burkett Asset Management LtdPassive

Notable overlap · 8 shared positions

$CNI $BN $CIGI $FNV $TRI $CNQ

$101M

61 positions

#7Cardinal Capital Management, Inc.Active

Notable overlap · 9 shared positions

$CNI $BN $GIL $TMUS $BNS $PBA

$3.7B

66 positions

#8INTACT INVESTMENT MANAGEMENT INC.Passive

Notable overlap · 12 shared positions

$CNI $GIL $CNQ $KGC $CVE $PBA

$3.5B

269 positions

#9PCJ Investment Counsel Ltd.Passive

Notable overlap · 11 shared positions

$SHOP $CNI $CNQ $BGSI $BN $IAG

$352M

59 positions

#10BANK OF NOVA SCOTIA TRUST COActive

Notable overlap · 11 shared positions

$CNI $BN $FNV $CNQ $BNS $PBA

$1.2B

161 positions

#11BCV Asset Management Inc.Active

Notable overlap · 10 shared positions

$BN $GIL $STN $TRI $CNQ $BGSI

$2.9B

120 positions

#121832 Asset Management L.P.Active

Notable overlap · 10 shared positions

$CNI $BN $SHOP $CNQ $BNS $SU

$108.8B

647 positions

#13Ninepoint Partners LP

Notable overlap · 9 shared positions

$SHOP $CNI $WPM $KGC $CVE $CDE

$904M

161 positions

#14CIBC Asset Management IncActive

Notable overlap · 11 shared positions

$BN $SHOP $CNQ $BNS $CVE $SU

$40.9B

1,372 positions

#15Federation des caisses Desjardins du QuebecPassive

Notable overlap · 10 shared positions

$BN $CNI $SHOP $BNS $SU $GIB

$27.8B

2,964 positions

#16Hillsdale Investment Management Inc.Passive

Notable overlap · 11 shared positions

$SHOP $BNS $KGC $WPM $SU $CNQ

$3.7B

655 positions

#17MACKENZIE FINANCIAL CORPPassive

Notable overlap · 12 shared positions

$SHOP $CNQ $CNI $BN $SU $CVE

$83.3B

1,420 positions

#18Waratah Capital Advisors Ltd.Active

Notable overlap · 8 shared positions

$CNI $FNV $BGSI $KGC $IAG $CVE

$2.6B

127 positions

#19Dixon Mitchell Investment Counsel Inc.Active

Notable overlap · 7 shared positions

$WPM $BN $CNI $CNQ $BGSI $TRI

$2.9B

140 positions

#20Guardian Partners Inc.Active

Notable overlap · 7 shared positions

$CNI $BN $CNQ $BNS $NTR $SU

$1.2B

192 positions

#21CIBC WORLD MARKET INC.Passive

Notable overlap · 8 shared positions

$SHOP $BN $CNQ $BNS $SU $PBA

$61.3B

1,463 positions

#22Canoe Financial LPActive

Notable overlap · 5 shared positions

$CNI $CNQ $TECK $CVE $NTR

$7.3B

112 positions

#23SPROTT INC.Active

Notable overlap · 7 shared positions

$WPM $OR $FNV $KGC $IAG $CDE

$3.4B

243 positions

#24DAVIS-REA LTD.Passive

Notable overlap · 7 shared positions

$SHOP $BN $CNI $TRI $BNS $PBA

$384M

54 positions

#25Tacita Capital IncPassive

Notable overlap · 7 shared positions

$BN $CNI $FNV $BNS $PBA $KGC

$169M

238 positions

Compare LOUISBOURG INVESTMENTS’s portfolio side by side

See the exact shared positions, conviction overlap, sector alignment, and where these funds diverge — and run the same analysis on any of 8,700+ institutions.

View LOUISBOURG INVESTMENTS’s holdings

Similarity is derived from each fund’s latest 13F-HR filing with the SEC. Funds are ranked by the overlap of distinctive conviction holdings; near-universal mega-cap positions are excluded so the ranking reflects shared strategy, not common index exposure. Data is informational only and not investment advice.