GFI Investment Counsel Ltd.

Est. AUM

$731.5M

13F long equity, this entity only

Positions

Period

Mar 2026 (Q1)

SEC EDGAR

Mar 2026 (Q1)

#	Issuer	Class	Value	Shares	% Portfolio	Discretion
1	HILTON WORLDWIDE HLDGS INC	COM	$75.6M	248561	10.33%	SOLE
2	FERGUSON ENTERPRISES INC	COMMON STOCK NEW	$61.3M	262970	8.39%	SOLE
3	MSCI INC	COM	$58.8M	109010	8.03%	SOLE
4	VISA INC	COM CL A	$58.7M	194169	8.02%	SOLE
5	AMERICAN EXPRESS CO	COM	$57.4M	189847	7.85%	SOLE
6	MICROSOFT CORP	COM	$52.6M	142198	7.20%	SOLE
7	MOODYS CORP	COM	$52.6M	120472	7.19%	SOLE
8	AON PLC	SHS CL A	$50.8M	157437	6.95%	SOLE
9	SHERWIN WILLIAMS CO	COM	$46.4M	144831	6.35%	SOLE
10	ROPER TECHNOLOGIES INC	COM	$45.2M	127720	6.18%	SOLE
11	OTIS WORLDWIDE CORP	COM	$45.1M	585364	6.17%	SOLE
12	EQUIFAX INC	COM	$41.7M	231801	5.71%	SOLE
13	AMAZON COM INC	COM	$34.6M	166292	4.73%	SOLE
14	BROOKFIELD ASSET MANAGMT LTD	CL A LMT VTG SHS	$24.6M	554753	3.36%	SOLE
15	VERISIGN INC	COM	$10.8M	43470	1.48%	SOLE
16	SPDR SERIES TRUST	STATE STREET SPD	$7.0M	76708	0.96%	SOLE
17	ALPHABET INC	CAP STK CL A	$3.0M	10300	0.40%	SOLE
18	FIRSTSERVICE CORP NEW	COM	$1.9M	13421	0.25%	SOLE
19	APPLE INC	COM	$1.3M	5071	0.18%	SOLE
20	ISHARES TR	ISHS 5-10 YR INVT	$638K	11984	0.09%	SOLE
21	BERKSHIRE HATHAWAY INC DEL	CL B NEW	$625K	1304	0.09%	SOLE
22	COSTCO WHOLESALE CORPORATION	COM	$323K	324	0.04%	SOLE
23	TESLA INC	COM	$233K	628	0.03%	SOLE
24	SPROTT ASSET MANAGEMENT LP	PHYSICAL SILVER	$208K	8520	0.03%	SOLE

Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.