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Institutional Investment Manager
MONTRUSCO BOLTON INVESTMENTS INC.
MONTRUSCO BOLTON INVESTMENTS INC. (CIK: 0001475940), located at 1501 Mcgill College Avenue, Montreal, A8. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q2)
Portfolio Summary: 88 holdings with a total value of $1,566,767,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 TORONTO DOMINION BK ONT 3,773,520 161,203,000 10.29%
2 ROYAL BK CDA MONTREAL QUE 2,606,474 153,213,000 9.78%
3 AGRIUM INC 1,474,695 132,730,000 8.47%
4 TELUS CORP 2,979,926 95,453,000 6.09%
5 THOMSON REUTERS CORP 2,191,105 88,187,000 5.63%
6 FORTUNA SILVER MINES INC 11,117,819 77,303,000 4.93%
7 BANK N S HALIFAX 1,280,279 62,412,000 3.98%
8 PEMBINA PIPELINE CORP 1,652,637 49,960,000 3.19%
9 IMPERIAL OIL LTD 1,488,954 46,869,000 2.99%
10 MAGNA INTL INC 1,093,051 38,169,000 2.44%
11 CONCORDIA INTERNATIONAL CORP COM 1,655,382 35,473,000 2.26%
12 ADVANTAGE OIL & GAS LTD 5,774,532 32,103,000 2.05%
13 GROUPE CGI INC 742,146 31,538,000 2.01%
14 GOLDCORP INC NEW 1,522,641 28,983,000 1.85%
15 CANADIAN PAC RY LTD 214,977 27,533,000 1.76%
16 FIRSTSERVICE CORP NEW 529,840 24,107,000 1.54%
17 DESCARTES SYS GROUP INC COM 1,112,762 21,172,000 1.35%
18 CANADIAN NATL RY CO 331,945 19,500,000 1.24%
19 S&P GLOBAL INC 178,472 19,100,000 1.22%
20 STANTEC INC 735,866 17,752,000 1.13%
21 KLONDEX MNS LTD 4,773,460 17,238,000 1.10%
22 ALPHABET INC 24,075 16,895,000 1.08%
23 TJX COS INC NEW 205,687 15,842,000 1.01%
24 BANK NEW YORK MELLON CORP 398,189 15,422,000 0.98%
25 RED HAT INC 179,719 13,020,000 0.83%
26 NIKE INC 236,283 13,007,000 0.83%
27 VARIAN MED SYS I 149,933 12,293,000 0.78%
28 GILDAN ACTIVEWEAR INC 420,739 12,259,000 0.78%
29 EXXON MOBIL CORP 130,051 12,167,000 0.78%
30 TAHOE RES INC 798,399 11,896,000 0.76%
31 CIPHER PHARMACEUTICALS INC 2,272,032 11,809,000 0.75%
32 PRAXAIR INC 104,613 11,725,000 0.75%
33 LAUDER ESTEE COS INC 126,943 11,533,000 0.74%
34 SKYWORKS SOLUTIONS INC 177,270 11,196,000 0.71%
35 AMERITRADE HOLD 393,915 11,184,000 0.71%
36 BIOGEN INC 44,049 10,627,000 0.68%
37 UNION PAC CORP 115,803 10,083,000 0.64%
38 VCA INCORPORATED 148,255 10,002,000 0.64%
39 RICHMONT MINES INC 1,071,412 9,892,000 0.63%
40 TRANSGLOBE ENERGY CORP 5,145,721 9,430,000 0.60%
41 MICROSOFT CORP 181,878 9,292,000 0.59%
42 WELLS FARGO & CO NEW 184,782 8,746,000 0.56%
43 SCHLUMBERGER LTD 103,308 8,145,000 0.52%
44 TECK RESOURCES LTD 613,455 8,035,000 0.51%
45 DANAHER CORP DEL 75,192 7,584,000 0.48%
46 BARRICK GOLD CORP 346,200 7,352,000 0.47%
47 MASTERCARD INCORPORATED 81,914 7,213,000 0.46%
48 SYSCO CORP 141,994 7,190,000 0.46%
49 YAMANA GOLD INC 1,385,891 7,171,000 0.46%
50 JOHNSON & JOHNSON 57,222 6,941,000 0.44%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001085146-16-004005, filed 2016.07.20).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.