GFI Investment Counsel Ltd.
CIK 1688774 · View on SEC EDGAR ↗
- Portfolio value
- $737.3M
- Positions
- 30
- As of
- June 30, 2026
Portfolio value QoQ: +0.8% 13F does not disclose cash
- Top 10 holdings weight
- 76.23%
- Top 25 holdings weight
- 99.83%
- Positions above 1%
- 15
- Effective number of positions
- 14.7
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 7.57% Est. buys $55,560,403 · sells $77,914,036
Median holding: 5.0 quarters Tracked Q4 2024–Q2 2026 · 78.9% still held
- New positions
- 7
- Increased
- 3
- Decreased
- 16
- Closed
- 1
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: -3.9% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 99.2% · Options excluded: 0.0%
Sector breakdown
Full portfolio 30 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| HLT Hilton Worldwide Holdings Inc. Common Stock | $71,541,285 | 9.70% | 216,490 | $-4,041,144 | Down ×4 | ||
| V Visa Inc. | $64,569,538 | 8.76% | 188,200 | $5,883,899 | Down ×6 | ||
| AXP American Express Company Common Stock | $62,205,528 | 8.44% | 183,904 | $4,780,607 | Down ×3 | ||
| FERG Ferguson Enterprises Inc. Common Stock | $59,599,259 | 8.08% | 251,124 | $-1,741,123 | Down ×2 | ||
| MSCI MSCI Inc. Common Stock | $58,590,825 | 7.95% | 104,619 | $-166,655 | Down ×3 | ||
| MCO Moody's Corporation Common Stock | $53,389,757 | 7.24% | 117,879 | $833,847 | Down ×3 | ||
| AON Aon plc Class A Ordinary Shares (Ireland) | $53,072,058 | 7.20% | 160,005 | $2,254,543 | Up ×1 | ||
| MSFT Microsoft Corporation - Common Stock | $51,467,434 | 6.98% | 137,975 | $-1,170,000 | Down ×5 | ||
| SHW Sherwin-Williams Company (The) Common Stock | $48,892,751 | 6.63% | 141,998 | $2,467,174 | Down ×3 | ||
| AMZN Amazon.com, Inc. - Common Stock | $38,661,131 | 5.24% | 162,210 | $4,027,496 | Down ×1 | ||
| EFX Equifax, Inc. Common Stock | $36,017,695 | 4.89% | 226,926 | $-5,722,711 | Down ×3 | ||
| OTIS Otis Worldwide Corporation Common Stock | $31,713,573 | 4.30% | 442,927 | $-13,406,284 | Down ×3 | ||
| IBKR Interactive Brokers Group, Inc. - Class A Common Stock | $29,522,575 | 4.00% | 339,184 | Up ×1 | |||
| VRSN VeriSign, Inc. - Common Stock | $28,587,278 | 3.88% | 113,640 | $17,791,069 | Up ×1 | ||
| BAM Brookfield Asset Management Inc Class A Limited Voting Shares | $24,233,540 | 3.29% | 541,297 | $-353,861 | Down ×2 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $7,086,290 | 0.96% | 19,829 | $4,124,422 | Up ×2 | ||
| BIL | $6,602,112 | 0.90% | 72,044 | $-427,409 | Down ×1 | ||
| ROP Roper Technologies, Inc. - Common Stock | $2,757,879 | 0.37% | 8,150 | $-42,437,120 | Down ×3 | ||
| FSV FirstService Corporation - Common Shares | $1,904,644 | 0.26% | 13,421 | $43,483 | |||
| SPY SPY | $1,286,685 | 0.17% | 1,723 | Up ×1 | |||
| IEFA | $1,176,441 | 0.16% | 12,181 | Up ×1 | |||
| DKNG DraftKings Inc. - Class A Common Stock | $1,001,180 | 0.14% | 39,635 | Up ×1 | |||
| AAPL Apple Inc. - Common Stock | $856,795 | 0.12% | 2,961 | $-430,174 | Down ×1 | ||
| BRKB | $645,003 | 0.09% | 1,289 | $20,126 | Down ×1 | ||
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | $637,189 | 0.09% | 11,984 | $-599 | |||
| COST Costco Wholesale Corporation - Common Stock | $303,092 | 0.04% | 324 | $-19,751 | |||
| TSLA Tesla, Inc. - Common Stock | $264,137 | 0.04% | 628 | $30,678 | |||
| BUZZ | $233,524 | 0.03% | 6,320 | ||||
| GOOG Alphabet Inc. - Class C Capital Stock | $226,485 | 0.03% | 641 | Up ×1 | |||
| RY Royal Bank Of Canada Common Stock | $204,389 | 0.03% | 989 | ||||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| VRSN | Bought more | +70K | +$17.8M |
| OTIS | Trimmed | -142K | -$13.4M |
| V | Trimmed | -6K | +$5.9M |
| EFX | Trimmed | -5K | -$5.7M |
| AXP | Trimmed | -6K | +$4.8M |
| GOOGL | Bought more | +10K | +$4.1M |
| HLT | Trimmed | -32K | -$4.0M |
| AMZN | Trimmed | -4K | +$4.0M |
| SHW | Trimmed | -3K | +$2.5M |
| AON | Bought more | +3K | +$2.3M |
1 position hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| AAPL | March 31, 2025 | 335,652 | $84,053,974 | 38.7% |
| G | March 31, 2026 | 1,320,185 | $61,758,254 | 0.2% |
| VRSN | March 31, 2025 | 43,000 | $8,899,280 | 9.2% |
| CRM | March 31, 2026 | 6,360 | $1,684,828 | 10.1% |
| IWM | Dec. 31, 2025 | 4,130 | $458,430 | No longer tracked |
| BAH | March 31, 2026 | 4,114 | $347,057 | -1.6% |
| TSLA | March 31, 2025 | 628 | $253,612 | 34.6% |
| CBRE | March 31, 2026 | 1,500 | $241,185 | 12.4% |
| RY | March 31, 2026 | 1,345 | $229,429 | 28.3% |
| AMZN | Sept. 30, 2025 | 1,040 | $228,166 | 17.4% |
| NFLX | Dec. 31, 2025 | 182 | $218,203 | -15.1% |
| BAI | March 31, 2026 | 6,490 | $216,117 | No longer tracked |
| PSLV | June 30, 2026 | 8,520 | $207,705 | No longer tracked |
| BUZZ | March 31, 2026 | 6,320 | $205,337 | No longer tracked |