GFI Investment Counsel Ltd. — 13F Holdings & Portfolio
CIK 1688774 · latest 13F-HR filed 2026-05-14
GFI Investment Counsel Ltd. manages $731.5M in 13F-reported U.S. long-equity assets across 24 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are HLT (10.33%), FERG (8.39%), MSCI (8.03%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 21 new positions, exited 1, added to 2, and trimmed 0.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$731.5M
Long-equity book
24
Distinct positions
2026-03-31
Filed 2026-05-14
+21 / −1 / ↑2 / ↓0
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- AMAZON COM INC$34.4M +15071.5%
- COSTCO WHOLESALE CORPORATION$101.2K +45.7%
New Positions
- HILTON WORLDWIDE HLDGS INC$75.6M
- FERGUSON ENTERPRISES INC$61.3M
- MSCI INC$58.8M
- VISA INC$58.7M
- AMERICAN EXPRESS CO$57.4M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | HILTON WORLDWIDE HLDGS INC | HLT | 43300A203 | $75.6M | 10.33% | 248,561 | SH |
| 2 | FERGUSON ENTERPRISES INC | FERG | 31488V107 | $61.3M | 8.39% | 262,970 | SH |
| 3 | MSCI INC | MSCI | 55354G100 | $58.8M | 8.03% | 109,010 | SH |
| 4 | VISA INC | V | 92826C839 | $58.7M | 8.02% | 194,169 | SH |
| 5 | AMERICAN EXPRESS CO | AXP | 025816109 | $57.4M | 7.85% | 189,847 | SH |
| 6 | MICROSOFT CORP | MSFT | 594918104 | $52.6M | 7.20% | 142,198 | SH |
| 7 | MOODYS CORP | MCO | 615369105 | $52.6M | 7.19% | 120,472 | SH |
| 8 | AON PLC | AON | G0403H108 | $50.8M | 6.95% | 157,437 | SH |
| 9 | SHERWIN WILLIAMS CO | SHW | 824348106 | $46.4M | 6.35% | 144,831 | SH |
| 10 | ROPER TECHNOLOGIES INC | ROP | 776696106 | $45.2M | 6.18% | 127,720 | SH |
| 11 | OTIS WORLDWIDE CORP | OTIS | 68902V107 | $45.1M | 6.17% | 585,364 | SH |
| 12 | EQUIFAX INC | EFX | 294429105 | $41.7M | 5.71% | 231,801 | SH |
| 13 | AMAZON COM INC | AMZN | 023135106 | $34.6M | 4.73% | 166,292 | SH |
| 14 | BROOKFIELD ASSET MANAGMT LTD | BAM | 113004105 | $24.6M | 3.36% | 554,753 | SH |
| 15 | VERISIGN INC | VRSN | 92343E102 | $10.8M | 1.48% | 43,470 | SH |
| 16 | SPDR SERIES TRUST | BIL | 78468R663 | $7.0M | 0.96% | 76,708 | SH |
| 17 | ALPHABET INC | GOOGL | 02079K305 | $3.0M | 0.40% | 10,300 | SH |
| 18 | FIRSTSERVICE CORP NEW | FSV | 33767E202 | $1.9M | 0.25% | 13,421 | SH |
| 19 | APPLE INC | AAPL | 037833100 | $1.3M | 0.18% | 5,071 | SH |
| 20 | ISHARES TR | IGIB | 464288638 | $637.8K | 0.09% | 11,984 | SH |
| 21 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $624.9K | 0.09% | 1,304 | SH |
| 22 | COSTCO WHOLESALE CORPORATION | COST | 22160K105 | $322.8K | 0.04% | 324 | SH |
| 23 | TESLA INC | TSLA | 88160R101 | $233.5K | 0.03% | 628 | SH |
| 24 | SPROTT ASSET MANAGEMENT LP | PSLV | 85207K107 | $207.7K | 0.03% | 8,520 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-14 | $731.5M | 24 | 0001688774-26-000004 |
| 2025-12-31 | 2026-02-25 | $881.3K | 4 | 0001688774-26-000003 |
| 2025-12-31 | 2026-02-25 | $936.8M | 26 | 0001688774-26-000002 |