SEC 13F Intelligence

Managers / Q2 2025 · view latest →

Manitou Investment Management Ltd.

CIK 0001657428 · 150 KING STREET WEST, SUITE 2003 P.O. BOX 31, TORONTO, A6, M5H 1J9 · 416-628-6522

Reported Value
$526M
Q2 2025
Positions
61
Filings on Record
31
2019–present window
Filed
Jul 25, 2025
original filing

Summary

Manitou Investment Management Ltd. reported $526M in U.S.-listed holdings across 61 positions for Q2 2025.

Its largest position, BRK/B, represents 15.8% of the portfolio.

Compared with Q1 2025, the fund opened 0 new positions and exited 5.

Portfolio Metrics

Turnover
+11.8%
vs prior filed quarter
Top-10 Concentration
+87.2%
share of reported value
Largest Position
+15.8%
Berkshire Hathaway

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $460MQ4 ’18Q1 ’19: $401MQ2 ’19: $402MQ3 ’19: $414MQ4 ’19: $448MQ4 ’19Q1 ’20: $335MQ2 ’20: $389MQ3 ’20: $383MQ4 ’20: $464MQ4 ’20Q1 ’21: $524MQ2 ’21: $571MQ3 ’21: $547MQ4 ’21: $624MQ4 ’21Q1 ’22: $651MQ2 ’22: $536MQ3 ’22: $532MQ4 ’22: $564MQ4 ’22Q1 ’23: $408MQ2 ’23: $420MQ3 ’23: $421MQ4 ’23: $461MQ4 ’23Q1 ’24: $499MQ2 ’24: $447MQ3 ’24: $526MQ4 ’24: $506MQ4 ’24Q1 ’25: $514MQ2 ’25: $526MQ3 ’25: $573MQ4 ’25: $571MQ4 ’25Q1 ’26: $506MQ2 ’26: $538Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 99.7%Other: 0.3%ADR: 0.0%REIT: 0.0%
  • Common Stock · 99.7% · $524M
  • Other · 0.3% · $1M
  • ADR · 0.0% · $137,955
  • REIT · 0.0% · $49,429

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DGEDDIAGEO PLC ADRSOLD OUT−84.7K0−$9M$0
ENBENBRIDGE INC.SOLD OUT−1.0K0−$44,310$0
SAAB ABSOLD OUT−1.6K0−$32,455$0
RNMBYRHEINMETALL AG ADRSOLD OUT−1000−$28,617$0
KBGGYKONGSBERG GRUPPEN ASA ADRSOLD OUT−2920−$21,357$0
FASTFASTENAL CO.ADDED+392784+$2,528$32,928
BF/BBROWN-FORMAN CORPORATIONTRIMMED−381.0K2.1K−$13M$57,399
NKENIKE CLASS BTRIMMED−148.8K890−$9M$63,226

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2025

48 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BRK/BBERKSHIRE HATHAWAY INCCOM16.33%$86M170.8K
2GOOGLALPHABET INC.COM11.23%$59M335.1K
3MSFTMICROSOFT CORPhistory →COM9.79%$51M103.5K
4IDXXIDEXX LABORATORIES INChistory →COM9.74%$51M95.5K
5AMZNAMAZON.COM, INC.history →COM8.80%$46M210.9K
6MAMASTERCARD INCORPORATEDhistory →COM7.49%$39M70.1K
7ROPROPER TECHNOLOGIES, INC.history →COM7.29%$38M67.7K
8JPMJP MORGAN CHASE & COhistory →COM6.20%$33M112.5K
9APHAMPHENOL CORPORATIONhistory →COM6.19%$33M329.7K
10HDHOME DEPOThistory →COM4.73%$25M67.9K
11SYKSTRYKER CORP.history →COM3.77%$20M50.1K
12AAPLAPPLE INC.history →COM2.94%$15M75.2K
13EWEDWARDS LIFESCIENCES CORPORATIhistory →COM2.76%$15M185.7K
14DHRDANAHER CORPORATIONCOM0.69%$4M18.4K
15BNBROOKFIELD CORPORATIONCOM0.66%$3M56.1K
16VVISA INC COM CL ACOM0.28%$1M4.1K
17CRH PLCCOM0.24%$1M13.7K
18CMECME GROUP INC.COM0.21%$1M4.0K
19MKLMARKEL CORP.COM0.21%$1M540
20WBAWALGREENS BOOTS ALLIANCE, INC.COM0.09%$476,14441.5K
21COSTCOSTCO WHOLESALE CORPORATIONCOM0.05%$242,535245
22JNJJOHNSON & JOHNSONCOM0.03%$148,015969
23WFCWELLS FARGO & COMPANYCOM0.02%$97,7461.2K
24FRMOFRMO CORPORATIONCOM0.02%$97,17511.5K
25IBMINTERNATIONAL BUSINESS MACHINECOM0.02%$82,538280
26BACBANK OF AMERICA CORPCOM0.02%$81,6271.7K
27NVONOVO NORDISK A/SCOM0.02%$79,9941.2K
28METAMETA PLATFORMS INC.COM0.01%$77,499105
29LINDE PLCCOM0.01%$73,661157
30USBU.S. BANCORP DEL COMMON NEWCOM0.01%$68,3271.5K
31NKENIKE CLASS BCOM0.01%$63,226890
32SHWTHE SHERWIN-WILLIAMS COMPANYCOM0.01%$62,148181
33BF/BBROWN-FORMAN CORPORATIONCOM0.01%$57,3992.1K
34APAAPA CORPORATIONCOM0.01%$57,2483.1K
35WHRWHIRLPOOL CORPCOM0.01%$56,694559
36MMM3M CO COMCOM0.01%$44,150290
37SOBOSOUTH BOW CORPCOM0.01%$44,0471.7K
38WELLWELLTOWER INC.COM0.01%$41,507270
39HONGBPHONEYWELL INTERNATIONAL INC.COM0.01%$38,425165
40TJXTHE TJX COMPANIES, INC.COM0.01%$34,330278
41ELTHE ESTEE LAUDER COMPANIES INCCOM0.01%$34,259424
42FASTFASTENAL CO.COM0.01%$32,928784
43LLYELI LILLY & COCOM0.01%$31,18140
44CATCATERPILLAR INC.COM0.00%$25,23465
45WMTWALMART STORES INCCOM0.00%$24,934255
46XRAYDENTSPLY SIRONA INCCOM0.00%$23,0421.5K
47WSOWATSCO INC.COM0.00%$22,08150
48LRLCYL'Oreal S.A. - ADRCOM0.00%$21,891256

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2026$538M48Jul 7, 202613F-HRchanges · EDGAR ↗
Q1 2026$506M52Apr 20, 202613F-HRchanges · EDGAR ↗
Q4 2025$571M56Feb 10, 202613F-HRchanges · EDGAR ↗
Q3 2025$573M57Oct 17, 202513F-HRchanges · EDGAR ↗
Q2 2025$526M61Jul 25, 202513F-HRchanges · EDGAR ↗
Q1 2025$514M66Apr 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$506M55Jan 21, 202513F-HRchanges · EDGAR ↗
Q3 2024$526M55Oct 28, 202413F-HRchanges · EDGAR ↗
Q2 2024$447M55Jul 19, 202413F-HRchanges · EDGAR ↗
Q1 2024$499M54May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$461M55Feb 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$421M59Nov 9, 202313F-HRchanges · EDGAR ↗
Q2 2023$420M61Aug 17, 202313F-HRchanges · EDGAR ↗
Q1 2023$408M67May 18, 202313F-HRchanges · EDGAR ↗
Q4 2022$564M53Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$532M42Nov 7, 202213F-HRchanges · EDGAR ↗
Q2 2022$536M46Aug 10, 202213F-HRchanges · EDGAR ↗
Q1 2022$651M46Apr 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$624M48Feb 8, 202213F-HRchanges · EDGAR ↗
Q3 2021$547M48Nov 8, 202113F-HRchanges · EDGAR ↗
Q2 2021$571M48Aug 11, 202113F-HRchanges · EDGAR ↗
Q1 2021$524M47May 11, 202113F-HRchanges · EDGAR ↗
Q4 2020$464M48Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$383M43Nov 6, 202013F-HRchanges · EDGAR ↗
Q2 2020$389M40Jul 23, 202013F-HRchanges · EDGAR ↗
Q1 2020$335M42Apr 29, 202013F-HRchanges · EDGAR ↗
Q4 2019$448M40Feb 11, 202013F-HRchanges · EDGAR ↗
Q3 2019$414M41Nov 5, 201913F-HRchanges · EDGAR ↗
Q2 2019$402M42Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$401M43May 1, 201913F-HRchanges · EDGAR ↗
Q4 2018$460M37Feb 12, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.