# EDGAR Filing Document

**Accession Number:** 0001846838
**File Stem:** 0001405086-25-000360
**Filing Date:** 2025-11
**Character Count:** 14226
**Document Hash:** 0741c465328971f7a93a9f128d7e58f3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001405086-25-000360.hdr.sgml**: 20251114

**ACCESSION NUMBER**: 0001405086-25-000360

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251114

**DATE AS OF CHANGE**: 20251114

**EFFECTIVENESS DATE**: 20251114

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ewing Morris & Co. Investment Partners Ltd.
- **CENTRAL INDEX KEY:** 0001846838

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** Z4
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21963
- **FILM NUMBER:** 251482901

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 1407 YONGE STREET, SUITE 500
- **CITY:** TORONTO
- **NON US STATE TERRITORY:** TORONTO
- **PROVINCE COUNTRY:** Z4
- **ZIP:** M4T 1Y7
- **BUSINESS PHONE:** (416) 640-2791

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 1407 YONGE STREET, SUITE 500
- **CITY:** TORONTO
- **NON US STATE TERRITORY:** TORONTO
- **PROVINCE COUNTRY:** Z4
- **ZIP:** M4T 1Y7

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Ewing Morris  Co. Investment Partners Ltd.<br>**Address:** 1407 YONGE STREET SUITE 500<br>TORONTO, Z4 M4T 1Y7

**Form 13F File Number:** 028-21963

**CRD Number (if applicable):** 000173004

**SEC File Number (if applicable):** 802-80406

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Darcy Morris<br>**Title:** Co-President and Chief Executive Officer<br>**Phone:** 1416-640-2791

**Signature, Place, and Date of Signing:**

/s/Darcy Morris  Toronto, Z4  11-14-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 94

**Form 13F Information Table Value Total:** $234022520

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ADVANCED DRAIN SYS INC DEL | COM | 00790R104 | BBG000G7CDN9 | 3865985 | 27873 | SH |  | SOLE |  | 27873 | 0 | 0 |
| ALGOMA STL GROUP INC | COM | 015658107 | BBG012NKXXX9 | 1739687 | 490000 | SH |  | SOLE |  | 490000 | 0 | 0 |
| ALMONTY INDS INC | COM NEW | 020398707 | BBG000QJ6LQ8 | 85823 | 14216 | SH |  | SOLE |  | 14216 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB30 | 667814 | 2742 | SH |  | SOLE |  | 2742 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 | BBG000BVPV84 | 500400 | 2279 | SH |  | SOLE |  | 2279 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 | BBG000B9YJ35 | 235439 | 1900 | SH |  | SOLE |  | 1900 | 0 | 0 |
| APPLE INC | COM | 037833100 | BBG000B9XRY4 | 451459 | 1773 | SH |  | SOLE |  | 1773 | 0 | 0 |
| AURORA CANNABIS INC | COM | 05156X850 | BBG000RSS169 | 1045170 | 175000 | SH |  | SOLE |  | 175000 | 0 | 0 |
| BANDWIDTH INC | NOTE 0.500% 4/0 | 05988JAD5 | BBG00ZLJC548 | 9959344 | 11600000 | SH |  | SOLE |  | 11600000 | 0 | 0 |
| BANK MONTREAL QUE | COM | 063671101 | BBG000BXSQ97 | 3516344 | 26979 | SH |  | SOLE |  | 26979 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 | BBG000BD8PN9 | 239712 | 2200 | SH |  | SOLE |  | 2200 | 0 | 0 |
| BANK NOVA SCOTIA HALIFAX | COM | 064149107 | BBG000BXSXH3 | 1513609 | 23403 | SH |  | SOLE |  | 23403 | 0 | 0 |
| BCE INC | COM NEW | 05534B760 | BBG000DQ7170 | 217004 | 9162 | SH |  | SOLE |  | 9162 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG000DWG505 | 710372 | 1413 | SH |  | SOLE |  | 1413 | 0 | 0 |
| BLACKLINE INC | NOTE 1.000% 6/0 | 09239BAF6 | BBG01N09Q116 | 5210987 | 5000000 | SH |  | SOLE |  | 5000000 | 0 | 0 |
| BROOKFIELD INFRAST PARTNERS | LP INT UNIT | G16252101 | BBG000VC6WR2 | 381049 | 11571 | SH |  | SOLE |  | 11571 | 0 | 0 |
| CABLE ONE INC | NOTE 1.125% 3/1 | 12685JAG0 | BBG00ZHF6BH1 | 5185198 | 6000000 | SH |  | SOLE |  | 6000000 | 0 | 0 |
| CANADIAN IMPERIAL BANK OF CO | COM | 136069101 | BBG000BY34Q2 | 531553 | 6593 | SH |  | SOLE |  | 6593 | 0 | 0 |
| CANADIAN NAT RES LTD | COM | 136385101 | BBG0014LGC02 | 1229757 | 37951 | SH |  | SOLE |  | 37951 | 0 | 0 |
| CANADIAN NATL RY CO | COM | 136375102 | BBG000GLP2C0 | 423130 | 4486 | SH |  | SOLE |  | 4486 | 0 | 0 |
| CANADIAN PACIFIC KANSAS CITY | COM | 13646K108 | BBG000DMM476 | 430473 | 5766 | SH |  | SOLE |  | 5766 | 0 | 0 |
| CELESTICA INC | COM | 15101Q207 | BBG000BRW7J6 | 818394 | 3325 | SH |  | SOLE |  | 3325 | 0 | 0 |
| COMPASS MINERALS INTL INC | COM | 20451N101 | BBG000C42WS4 | 29036285 | 1669500 | SH |  | SOLE |  | 1669500 | 0 | 0 |
| CRONOS GROUP INC | COM | 22717L101 | BBG006G267W7 | 664079 | 240000 | SH |  | SOLE |  | 240000 | 0 | 0 |
| DRIVEN BRANDS HLDGS INC | COM | 26210V102 | BBG00YN8NCD6 | 6156710 | 382167 | SH |  | SOLE |  | 382167 | 0 | 0 |
| EMCOR GROUP INC | COM | 29084Q100 | BBG000BBRPL4 | 227339 | 350 | SH |  | SOLE |  | 350 | 0 | 0 |
| EMERA INC | COM | 290876101 | BBG000BJJ834 | 274729 | 5725 | SH |  | SOLE |  | 5725 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 | BBG000C7P7N2 | 1661849 | 32934 | SH |  | SOLE |  | 32934 | 0 | 0 |
| ENERFLEX LTD | COM | 29269R105 | BBG000SR92R6 | 3236309 | 300000 | SH |  | SOLE |  | 300000 | 0 | 0 |
| ETSY INC | NOTE 0.250% 6/1 | 29786AAN6 | BBG011C0JZ40 | 1779833 | 2000000 | SH |  | SOLE |  | 2000000 | 0 | 0 |
| EVGO INC | CL A COM | 30052F100 | BBG00XP21PQ0 | 1986600 | 420000 | SH |  | SOLE |  | 420000 | 0 | 0 |
| EVOLENT HEALTH INC | NOTE 3.500%12/0 | 30050BAH4 | BBG01KG45413 | 8201334 | 10000000 | SH |  | SOLE |  | 10000000 | 0 | 0 |
| FIRSTSERVICE CORP NEW | COM | 33767E202 | BBG0093LLBM8 | 978292 | 5126 | SH |  | SOLE |  | 5126 | 0 | 0 |
| FIVE9 INC | NOTE 1.000% 3/1 | 338307AF8 | BBG01LQZSR33 | 6217265 | 7000000 | SH |  | SOLE |  | 7000000 | 0 | 0 |
| FORTIS INC | COM | 349553107 | BBG000BYTHG6 | 3260513 | 64268 | SH |  | SOLE |  | 64268 | 0 | 0 |
| FULLER H B CO | COM | 359694106 | BBG000BJZ7V7 | 2371200 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 | BBG000BK6MB5 | 1199299 | 3982 | SH |  | SOLE |  | 3982 | 0 | 0 |
| GOGO INC | COM | 38046C109 | BBG002CN8XN5 | 3835607 | 446520 | SH |  | SOLE |  | 446520 | 0 | 0 |
| GOOSEHEAD INS INC | COM CL A | 38267D109 | BBG00KHHBMC5 | 5834230 | 78396 | SH |  | SOLE |  | 78396 | 0 | 0 |
| HIGH TIDE INC | COM NEW | 42981E401 | BBG00MF4XNN4 | 874515 | 240000 | SH |  | SOLE |  | 240000 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | BBG000BSWKH7 | 4491736 | 7473 | SH |  | SOLE |  | 7473 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 | BBG01KYQ6PV3 | 2994095 | 46063 | SH |  | SOLE |  | 46063 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 | BBG000CGC9C4 | 1179071 | 4873 | SH |  | SOLE |  | 4873 | 0 | 0 |
| ISHARES TR | US AER DEF ETF | 464288760 | BBG000PB38X0 | 1120867 | 5363 | SH |  | SOLE |  | 5363 | 0 | 0 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 | BBG0025X2FJ1 | 570840 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 | BBG000BHR296 | 701361 | 7271 | SH |  | SOLE |  | 7271 | 0 | 0 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 | BBG000NTFYM5 | 606023 | 7305 | SH |  | SOLE |  | 7305 | 0 | 0 |
| ISHARES TR | MSCI ACWI ETF | 464288257 | BBG000TH6VB3 | 1105920 | 8000 | SH |  | SOLE |  | 8000 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 | BBG000BVZ4F5 | 8139357 | 12161 | SH |  | SOLE |  | 12161 | 0 | 0 |
| ISHARES TR | 0-5 YR TIPS ETF | 46429B747 | BBG0019SRJP8 | 2428236 | 23493 | SH |  | SOLE |  | 23493 | 0 | 0 |
| ISHARES TR | MSCI INTL QUALTY | 46434V456 | BBG007WGM3G5 | 6183639 | 139933 | SH |  | SOLE |  | 139933 | 0 | 0 |
| JBT MAREL CORPORATION | COM | 477839104 | BBG000VLBCQ1 | 5147633 | 36651 | SH |  | SOLE |  | 36651 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 | BBG000DMBXR2 | 510681 | 1619 | SH |  | SOLE |  | 1619 | 0 | 0 |
| LATHAM GROUP INC | COM | 51819L107 | BBG00ZVXLHH6 | 6402613 | 841342 | SH |  | SOLE |  | 841342 | 0 | 0 |
| LIONSGATE STUDIOS CORP | COM | 53626N102 | BBG01TT3G7W9 | 1725000 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| MANULIFE FINL CORP | COM | 56501R106 | BBG000C0QCK8 | 328488 | 10541 | SH |  | SOLE |  | 10541 | 0 | 0 |
| MATCH GROUP INC NEW | COM | 57667L107 | BBG00VT0KNC3 | 1066170 | 30186 | SH |  | SOLE |  | 30186 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG000BPH459 | 935418 | 1806 | SH |  | SOLE |  | 1806 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 | BBG000CL9VN6 | 249375 | 208 | SH |  | SOLE |  | 208 | 0 | 0 |
| OR ROYALTIES INC. | COM SHS | 68390D106 | BBG006L2SZC7 | 276392 | 6885 | SH |  | SOLE |  | 6885 | 0 | 0 |
| ORLA MNG LTD NEW | COM | 68634K106 | BBG00FGY26H0 | 765926 | 71000 | SH |  | SOLE |  | 71000 | 0 | 0 |
| RAPID7 INC | NOTE 1.250% 3/1 | 753422AH7 | BBG01J69CJK4 | 4215007 | 4600000 | SH |  | SOLE |  | 4600000 | 0 | 0 |
| RAPID7 INC | NOTE 0.250% 3/1 | 753422AF1 | BBG00ZN9DKH0 | 5930120 | 6302000 | SH |  | SOLE |  | 6302000 | 0 | 0 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 | BBG008NMBXN8 | 2206261 | 15409 | SH |  | SOLE |  | 15409 | 0 | 0 |
| ROYAL BK CDA | COM | 780087102 | BBG000BCJG31 | 4418468 | 29972 | SH |  | SOLE |  | 29972 | 0 | 0 |
| ROYAL GOLD INC | COM | 780287108 | BBG000BZV772 | 584691 | 2915 | SH |  | SOLE |  | 2915 | 0 | 0 |
| SANGOMA TECHNOLOGIES CORP | COM NEW | 80100R408 | BBG000LYBQL8 | 1906800 | 383954 | SH |  | SOLE |  | 383954 | 0 | 0 |
| SEABRIDGE GOLD INC | COM | 811916105 | BBG000BZVKN5 | 267807 | 11100 | SH |  | SOLE |  | 11100 | 0 | 0 |
| SNAP INC | NOTE 0.125% 3/0 | 83304AAH9 | BBG01573S4W9 | 3580787 | 4000000 | SH |  | SOLE |  | 4000000 | 0 | 0 |
| SNDL INC | COM | 83307B101 | BBG01TF929Y0 | 2549232 | 951222 | SH |  | SOLE |  | 951222 | 0 | 0 |
| SOLARIS RES INC | COM NEW | 83419D201 | BBG00L8NLS27 | 555878 | 87100 | SH |  | SOLE |  | 87100 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 | BBG000CRF6Q8 | 5733376 | 16129 | SH |  | SOLE |  | 16129 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG000BDTBL9 | 1204424 | 1803 | SH |  | SOLE |  | 1803 | 0 | 0 |
| SPX TECHNOLOGIES INC | COM | 78473E103 | BBG000BTGCV5 | 1608549 | 8612 | SH |  | SOLE |  | 8612 | 0 | 0 |
| STONERIDGE INC | COM | 86183P102 | BBG000BB9Q78 | 8463294 | 1336204 | SH |  | SOLE |  | 1336204 | 0 | 0 |
| STRATEGY INC | CL A NEW | 594972408 | BBG000GQJPZ0 | 2430752 | 7544 | SH |  | SOLE |  | 7544 | 0 | 0 |
| STRATEGY INC | SERIES A PERP PF | 594972887 | BBG01S3K7WZ3 | 847400 | 9241 | SH |  | SOLE |  | 9241 | 0 | 0 |
| SUN LIFE FINANCIAL INC. | COM | 866796105 | BBG000LS68P3 | 243911 | 4061 | SH |  | SOLE |  | 4061 | 0 | 0 |
| SUNCOR ENERGY INC NEW | COM | 867224107 | BBG000BC1LY5 | 288730 | 6898 | SH |  | SOLE |  | 6898 | 0 | 0 |
| TALEN ENERGY CORP | COM | 87422Q109 | BBG01GWQVVD3 | 372208 | 875 | SH |  | SOLE |  | 875 | 0 | 0 |
| TC ENERGY CORP | COM | 87807B107 | BBG000D07ZQ1 | 2109827 | 38364 | SH |  | SOLE |  | 38364 | 0 | 0 |
| TESLA INC | COM | 88160R101 | BBG000N9MNX3 | 2205811 | 4960 | SH |  | SOLE |  | 4960 | 0 | 0 |
| THOMSON REUTERS CORP | COM | 884903808 | BBG000BFK1R9 | 446054 | 2872 | SH |  | SOLE |  | 2872 | 0 | 0 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 | BBG000BCRMB0 | 4376741 | 54725 | SH |  | SOLE |  | 54725 | 0 | 0 |
| TRIPADVISOR INC | COM | 896945201 | BBG001M8HHB7 | 482922 | 29700 | SH |  | SOLE |  | 29700 | 0 | 0 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 | BBG000PLNQN7 | 236840 | 3100 | SH |  | SOLE |  | 3100 | 0 | 0 |
| VESTIS CORPORATION | COM SHS | 29430C102 | BBG000FJWF20 | 122310 | 27000 | SH |  | SOLE |  | 27000 | 0 | 0 |
| VILLAGE FARMS INTL INC | COM | 92707Y108 | BBG000BBFGG3 | 437374 | 139736 | SH |  | SOLE |  | 139736 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 | BBG000PSKYX7 | 379273 | 1111 | SH |  | SOLE |  | 1111 | 0 | 0 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 | BBG000BJCC41 | 850671 | 7600 | SH |  | SOLE |  | 7600 | 0 | 0 |
| XOMETRY INC | NOTE 1.000% 2/0 | 98423FAB5 | BBG01519R8Z1 | 4954169 | 4100000 | SH |  | SOLE |  | 4100000 | 0 | 0 |
| ZIFF DAVIS INC | COM | 48123V102 | BBG000F3CWW7 | 2268322 | 59536 | SH |  | SOLE |  | 59536 | 0 | 0 |
| ZIFF DAVIS INC | DEBT 3.625% 3/0 | 48123VAH5 | BBG01NQ4S652 | 3875661 | 4000000 | SH |  | SOLE |  | 4000000 | 0 | 0 |
| ZYMEWORKS INC | COM | 98985Y108 | BBG019XSYC89 | 185318 | 10850 | SH |  | SOLE |  | 10850 | 0 | 0 |

---