GFI Investment Counsel Ltd. Long-Term Concentrated

CIK: 0001688774 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 14, 2025

Total Value ($000): $859,849 (100.0% shares, 0.0% debt)

Holdings (18)

V VISA INC 10.2%

Value ($000) $87,532 Shares 249,764 Est. Cost $121.40 Unrealized +177.0%

ROP ROPER TECHNOLOGIES INC 9.6%

Value ($000) $82,847 Shares 140,519 Est. Cost $557.47 Unrealized 0.0%

MCO MOODYS CORP 8.7%

Value ($000) $74,887 Shares 160,808 Est. Cost $258.15 Unrealized +85.4%

MSFT MICROSOFT CORP 8.2%

Value ($000) $70,366 Shares 187,447 Est. Cost $148.78 Unrealized +172.3%

G GENPACT LIMITED 7.7%

Value ($000) $66,320 Shares 1,316,393 Est. Cost $34.44 Unrealized +42.5%

MSCI MSCI INC 7.7%

Value ($000) $66,283 Shares 117,211 Est. Cost $98.66 Unrealized +482.7%

SHW SHERWIN WILLIAMS CO 7.6%

Value ($000) $65,633 Shares 187,957 Est. Cost $212.57 Unrealized +63.8%

AON AON PLC 7.6%

Value ($000) $65,186 Shares 163,336 Est. Cost $318.88 Unrealized +19.7%

HLT HILTON WORLDWIDE HLDGS INC 7.2%

Value ($000) $62,233 Shares 273,493 Est. Cost $156.08 Unrealized +59.3%

EFX EQUIFAX INC 7.0%

Value ($000) $60,275 Shares 247,475 Est. Cost $180.81 Unrealized +38.0%

AXP AMERICAN EXPRESS CO 6.4%

Value ($000) $54,652 Shares 203,130 Est. Cost $232.63 Unrealized +25.7%

FERG FERGUSON ENTERPRISES INC 5.5%

Value ($000) $47,139 Shares 294,195 Est. Cost $196.34 Unrealized -13.1%

BAH BOOZ ALLEN HAMILTON HLDG COR 4.7%

Value ($000) $40,536 Shares 387,611 Est. Cost $139.60 Unrealized -16.0%

BIL SPDR SER TR 0.7%

Value ($000) $6,370 Shares 69,446 Est. Cost $91.63 Unrealized —

CRM SALESFORCE INC 0.7%

Value ($000) $6,248 Shares 23,283 Est. Cost $259.06 Unrealized +19.3%

FSV FIRSTSERVICE CORP NEW 0.2%

Value ($000) $2,075 Shares 12,502 Est. Cost $90.22 Unrealized +93.0%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.1%

Value ($000) $637 Shares 1,197 Est. Cost $461.73 Unrealized +5.3%

IGIB ISHARES TR 0.1%

Value ($000) $629 Shares 11,984 Est. Cost $59.12 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
V	VISA INC	249,764	$87,532	10.2%	$121.40	+177.0%	COM CL A	92826C839
ROP	ROPER TECHNOLOGIES INC	140,519	$82,847	9.6%	$557.47	0.0%	COM	776696106
MCO	MOODYS CORP	160,808	$74,887	8.7%	$258.15	+85.4%	COM	615369105
MSFT	MICROSOFT CORP	187,447	$70,366	8.2%	$148.78	+172.3%	COM	594918104
G	GENPACT LIMITED	1,316,393	$66,320	7.7%	$34.44	+42.5%	SHS	G3922B107
MSCI	MSCI INC	117,211	$66,283	7.7%	$98.66	+482.7%	COM	55354G100
SHW	SHERWIN WILLIAMS CO	187,957	$65,633	7.6%	$212.57	+63.8%	COM	824348106
AON	AON PLC	163,336	$65,186	7.6%	$318.88	+19.7%	SHS CL A	G0403H108
HLT	HILTON WORLDWIDE HLDGS INC	273,493	$62,233	7.2%	$156.08	+59.3%	COM	43300A203
EFX	EQUIFAX INC	247,475	$60,275	7.0%	$180.81	+38.0%	COM	294429105
AXP	AMERICAN EXPRESS CO	203,130	$54,652	6.4%	$232.63	+25.7%	COM	025816109
FERG	FERGUSON ENTERPRISES INC	294,195	$47,139	5.5%	$196.34	-13.1%	COMMON STOCK NEW	31488V107
BAH	BOOZ ALLEN HAMILTON HLDG COR	387,611	$40,536	4.7%	$139.60	-16.0%	CL A	099502106
BIL	SPDR SER TR	69,446	$6,370	0.7%	$91.63	—	BLOOMBERG 1-3 MO	78468R663
CRM	SALESFORCE INC	23,283	$6,248	0.7%	$259.06	+19.3%	COM	79466L302
FSV	FIRSTSERVICE CORP NEW	12,502	$2,075	0.2%	$90.22	+93.0%	COM	33767E202
BRK/B	BERKSHIRE HATHAWAY INC DEL	1,197	$637	0.1%	$461.73	+5.3%	CL B NEW	084670702
IGIB	ISHARES TR	11,984	$629	0.1%	$59.12	—	ISHS 5-10YR INVT	464288638