GFI Investment Counsel Ltd. Long-Term Concentrated

Location: Toronto, Ontario, Canada

CIK: 0001688774 · Show all filings

Period: Q3 2023 (← Previous) (Next →)

Filing Date: Jun 10, 2025

Total Value: $656M (100.0% shares, 0.0% debt)

Holdings (17)

MSFT MICROSOFT CORP 11.0%

Value $72.04M Shares 228,174 Est. Cost $148.78 Unrealized +118.2%

AAPL APPLE INC 10.3%

Value $67.27M Shares 392,886 Est. Cost $90.04 Unrealized +101.4%

V VISA INC 9.7%

Value $63.61M Shares 276,541 Est. Cost $121.40 Unrealized +94.5%

MSCI MSCI INC 9.3%

Value $60.87M Shares 118,629 Est. Cost $87.81 Unrealized +481.9%

MCO MOODYS CORP 8.6%

Value $56.69M Shares 179,286 Est. Cost $258.15 Unrealized +29.3%

EFX EQUIFAX INC 8.2%

Value $53.74M Shares 293,371 Est. Cost $179.32 Unrealized +11.9%

SHW SHERWIN WILLIAMS CO 8.0%

Value $52.18M Shares 204,568 Est. Cost $212.57 Unrealized +23.4%

FIX COMFORT SYS USA INC 7.1%

Value $46.78M Shares 274,513 Est. Cost $92.56 Unrealized +87.9%

FERG1GBX FERGUSON PLC NEW 7.0%

Value $45.57M Shares 277,091 Est. Cost $157.47 Unrealized —

AON AON PLC 6.5%

Value $42.32M Shares 130,551 Est. Cost $319.04 Unrealized +2.0%

G GENPACT LIMITED 6.2%

Value $40.92M Shares 1,130,325 Est. Cost $34.47 Unrealized +4.1%

HLT HILTON WORLDWIDE HLDGS INC 5.1%

Value $33.66M Shares 224,152 Est. Cost $150.05 Unrealized 0.0%

XPEL XPEL INC 1.2%

Value $8.019M Shares 104,000 Est. Cost $49.24 Unrealized +63.2%

BIL SPDR SER TR 0.9%

Value $6.019M Shares 65,554 Est. Cost $91.64 Unrealized —

FSV FIRSTSERVICE CORP NEW 0.7%

Value $4.33M Shares 29,750 Est. Cost $90.22 Unrealized +66.7%

IGIB ISHARES TR 0.1%

Value $764K Shares 15,703 Est. Cost $59.12 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.1%

Value $749K Shares 2,139 Est. Cost $324.47 Unrealized +9.3%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	228,174	$72.04M	11.0%	$148.78	+118.2%	COM	594918104
AAPL	APPLE INC	392,886	$67.27M	10.3%	$90.04	+101.4%	COM	037833100
V	VISA INC	276,541	$63.61M	9.7%	$121.40	+94.5%	COM CL A	92826C839
MSCI	MSCI INC	118,629	$60.87M	9.3%	$87.81	+481.9%	COM	55354G100
MCO	MOODYS CORP	179,286	$56.69M	8.6%	$258.15	+29.3%	COM	615369105
EFX	EQUIFAX INC	293,371	$53.74M	8.2%	$179.32	+11.9%	COM	294429105
SHW	SHERWIN WILLIAMS CO	204,568	$52.18M	8.0%	$212.57	+23.4%	COM	824348106
FIX	COMFORT SYS USA INC	274,513	$46.78M	7.1%	$92.56	+87.9%	COM	199908104
FERG1GBX	FERGUSON PLC NEW	277,091	$45.57M	7.0%	$157.47	—	SHS	G3421J106
AON	AON PLC	130,551	$42.32M	6.5%	$319.04	+2.0%	SHS CL A	G0403H108
G	GENPACT LIMITED	1,130,325	$40.92M	6.2%	$34.47	+4.1%	SHS	G3922B107
HLT	HILTON WORLDWIDE HLDGS INC	224,152	$33.66M	5.1%	$150.05	0.0%	COM	43300A203
XPEL	XPEL INC	104,000	$8.019M	1.2%	$49.24	+63.2%	COM	98379L100
BIL	SPDR SER TR	65,554	$6.019M	0.9%	$91.64	—	BLOOMBERG 1-3 MO	78468R663
FSV	FIRSTSERVICE CORP NEW	29,750	$4.33M	0.7%	$90.22	+66.7%	COM	33767E202
IGIB	ISHARES TR	15,703	$764K	0.1%	$59.12	—	ISHS 5-10YR INVT	464288638
BRK/B	BERKSHIRE HATHAWAY INC DEL	2,139	$749K	0.1%	$324.47	+9.3%	CL B NEW	084670702