Institutional
GFI Investment Counsel Ltd.
CIK 0001688774
$731.5M
Reported AUM
24
Positions
Q1 2026
Period
2026-05-14
Filed
The Brief · GFI Investment Counsel Ltd. · Q1 2026
AI · grounded in 13F
GFI Investment Counsel Ltd. closed its position in Genpact Limited G, reducing its exposure by $61.76M. The fund established a new position in Amazon Com Inc AMZN worth $34.63M and added Verisign Inc VRSN with a $10.80M investment. Additionally, the fund increased its share count in Alphabet Inc GOOGL by 76.73% and trimmed its holding in Brookfield Asset Managmt Ltd BAM by 84.03%.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | HLT | HILTON WORLDWIDE HLDGS INC | $343.10 | 1.46% | 35.99% | 164.53% | $75.6M | 10.33% | −22,089 | −8.2% |
| 2 | FERG | FERGUSON ENTERPRISES INC | $229.58 | -0.44% | 10.91% | 81.16% | $61.3M | 8.39% | −24,903 | −8.7% |
| 3 | MSCI | MSCI INC | $615.46 | -0.55% | 9.75% | 9.15% | $58.8M | 8.03% | −9,224 | −7.8% |
| 4 | V | VISA INC | $323.57 | 1.06% | -11.91% | 36.33% | $58.7M | 8.02% | −48,755 | −20.1% |
| 5 | AXP | AMERICAN EXPRESS CO | $310.66 | -0.60% | 3.78% | 93.56% | $57.4M | 7.85% | −13,942 | −6.8% |
| 6 | MSFT | MICROSOFT CORP | $416.67 | -2.66% | -10.71% | 52.39% | $52.6M | 7.20% | −37,695 | −21.0% |
| 7 | MCO | MOODYS CORP | $451.35 | 0.49% | -6.92% | 25.21% | $52.6M | 7.19% | −37,943 | −24.0% |
| 8 | AON | AON PLC | $328.53 | 1.95% | -11.05% | 30.92% | $50.8M | 6.95% | −9,725 | −5.8% |
| 9 | SHW | SHERWIN WILLIAMS CO | $305.30 | 1.74% | -13.80% | 9.72% | $46.4M | 6.35% | −43,571 | −23.1% |
| 10 | ROP | ROPER TECHNOLOGIES INC | $332.18 | 0.11% | -41.57% | -30.30% | $45.2M | 6.18% | −9,400 | −6.9% |
| 11 | OTIS | OTIS WORLDWIDE CORP | $70.34 | 0.70% | -25.29% | -14.94% | $45.1M | 6.17% | −55,677 | −8.7% |
| 12 | EFX | EQUIFAX INC | $172.13 | 0.67% | -35.17% | -31.38% | $41.7M | 5.71% | −18,661 | −7.5% |
| 13 | AMZN | AMAZON COM INC | $246.03 | -3.06% | 15.20% | 47.87% | $34.6M | 4.73% | +166,292 | NEW |
| 14 | BAM | BROOKFIELD ASSET MANAGMT LTD | $46.18 | -1.13% | -16.76% | 82.61% | $24.6M | 3.36% | −33,637 | −5.7% |
| 15 | VRSN | VERISIGN INC | $294.92 | 0.38% | 4.76% | 38.37% | $10.8M | 1.48% | +43,470 | NEW |
| 16 | BIL | SPDR SERIES TRUST | $91.45 | 0.04% | 4.23% | 18.33% | $7.0M | 0.96% | +13,491 | +21.3% |
| 17 | GOOGL | ALPHABET INC | $368.53 | -0.98% | 112.92% | 175.80% | $3.0M | 0.40% | +4,672 | +83.0% |
| 18 | FSV | FIRSTSERVICE CORP NEW | $140.68 | 0.76% | -19.53% | -22.12% | $1.9M | 0.25% | — | HELD |
| 19 | AAPL | APPLE INC | $307.34 | -1.25% | 51.31% | 116.17% | $1.3M | 0.18% | +2,307 | +83.5% |
| 20 | IGIB | ISHARES TR | $52.69 | -0.57% | 6.52% | 4.69% | $638K | 0.09% | — | HELD |
| 21 | BRK/B | BERKSHIRE HATHAWAY INC DEL | — | — | — | — | $625K | 0.09% | +107 | +8.9% |
| 22 | COST | COSTCO WHOLESALE CORPORATION | $971.87 | -0.05% | -3.70% | 138.72% | $323K | 0.04% | +324 | NEW |
| 23 | TSLA | TESLA INC | $391.00 | -6.56% | 32.48% | 70.69% | $233K | 0.03% | — | HELD |
| 24 | PSLV | SPROTT ASSET MANAGEMENT LP | $21.53 | -8.15% | 78.97% | 141.91% | $208K | 0.03% | +8,520 | NEW |
| 25 | G | GENPACT LIMITED | $32.62 | -0.73% | -23.39% | -30.28% | — | — | −1,320,185 | EXITED |
| 26 | CRM | SALESFORCE INC | $185.66 | -1.64% | -31.86% | -22.13% | — | — | −6,360 | EXITED |
| 27 | BAH | BOOZ ALLEN HAMILTON HLDG COR | $79.48 | -0.66% | -21.11% | 1.16% | — | — | −4,114 | EXITED |
| 28 | CBRE | CBRE GROUP INC | $130.93 | -0.02% | 1.84% | 35.74% | — | — | −1,500 | EXITED |
| 29 | BAI | BLACKROCK ETF TRUST | $45.55 | -9.78% | 72.94% | 75.16% | — | — | −6,490 | EXITED |
| 30 | BUZZ | VANECK ETF TRUST | $36.86 | -7.04% | 33.00% | 47.01% | — | — | −6,320 | EXITED |
Source: SEC EDGAR · accession 0001688774-26-000004. 13F discloses long positions only — shorts, foreign equities, and options are excluded.