Manitou Investment Management Q2 2026 Portfolio Activity

As of Manitou Investment Management Ltd.'s reporting date on June 30, 2026, its portfolio value stood at $537.8 million. The firm's investment strategy appears focused on established companies within sectors like Technology and Financial Services, while also incorporating exposure to Healthcare and Communication Services stocks.

Technology remained a significant area of activity for the investor this quarter. They notably increased their stake in Microsoft Corp (MSFT), adding 30,378 shares to boost its portfolio allocation from 10.77%. Similarly, holdings in Amphenol Corporation (APH) and Stryker Corp (SYK) saw modest but positive share increases of 4,562 shares and 33,812 shares respectively. On the other hand, a major Technology sell was observed in Apple Inc (AAPL), where the investor reduced their position by 41,490 shares (-85%) and also decreased holdings of Rooper Technologies Inc (ROP) significantly.

In the Financial Services sector, Manitou Investment Management Ltd. maintained its focus on large-cap names like Berkshire Hathaway Inc (BRK-B) and Mastercard Incorporated (MA). While BRK-B's allocation slightly increased to 15.74%, MA saw a small decrease (-0.32 percentage points or -4.11% in shares). The investor also added new positions, including Brookfield Corporation (BN) with a 49.46% share increase and Visa Inc COM CL A (V) which experienced an impressive +111% change in shares during the quarter.

The Healthcare sector witnessed activity from the investor, primarily involving additions to existing positions. They significantly increased their stake in Stryker Corp (SYK) (+40.51%) and also added shares of IDEXX Laboratories Inc (IDXX). Additionally, Edwards Lifesciences Corporation (EW) saw a moderate increase in holdings during the period.

Within the Communication Services space, the investor slightly increased their position in Alphabet Inc (GOOGL) (+1.03% shares) while maintaining a substantial allocation of 15.54%. Consumer Cyclical holdings also saw an increase, specifically in Amazon.com Inc (AMZN), with the investor adding 4,404 shares during the quarter.

The overall portfolio shows that Manitou Investment Management Ltd. actively manages its positions, making significant adjustments to Technology and Healthcare stocks while maintaining allocations in key Financial Services holdings like BRK-B and MA. The firm's strategy involves both substantial buying and selling activities across different sectors during this reporting period.