GFI Investment Counsel Ltd. Long-Term Concentrated

CIK: 0001688774 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 11, 2025

Total Value ($000): $917,925 (100.0% shares, 0.0% debt)

Holdings (21)

MSFT MICROSOFT CORP 10.1%

Value ($000) $92,352 Shares 185,666 Est. Cost $148.78 Unrealized +190.6%

V VISA INC 9.6%

Value ($000) $88,051 Shares 247,995 Est. Cost $121.40 Unrealized +185.8%

MCO MOODYS CORP 8.8%

Value ($000) $80,786 Shares 161,060 Est. Cost $258.15 Unrealized +78.6%

ROP ROPER TECHNOLOGIES INC 8.7%

Value ($000) $79,415 Shares 140,102 Est. Cost $557.47 Unrealized +0.8%

HLT HILTON WORLDWIDE HLDGS INC 8.0%

Value ($000) $73,306 Shares 275,235 Est. Cost $156.08 Unrealized +52.3%

MSCI MSCI INC 7.4%

Value ($000) $68,372 Shares 118,549 Est. Cost $103.75 Unrealized +429.3%

AXP AMERICAN EXPRESS CO 7.1%

Value ($000) $65,623 Shares 205,727 Est. Cost $233.22 Unrealized +19.8%

SHW SHERWIN WILLIAMS CO 7.1%

Value ($000) $64,985 Shares 189,262 Est. Cost $212.57 Unrealized +62.1%

EFX EQUIFAX INC 7.0%

Value ($000) $64,661 Shares 249,301 Est. Cost $180.81 Unrealized +39.9%

FERG FERGUSON ENTERPRISES INC 7.0%

Value ($000) $63,884 Shares 293,384 Est. Cost $196.34 Unrealized -7.3%

AON AON PLC 6.5%

Value ($000) $59,440 Shares 166,610 Est. Cost $319.72 Unrealized +13.0%

G GENPACT LIMITED 6.4%

Value ($000) $58,527 Shares 1,329,859 Est. Cost $34.55 Unrealized +30.1%

BAH BOOZ ALLEN HAMILTON HLDG COR 4.5%

Value ($000) $41,306 Shares 396,679 Est. Cost $138.91 Unrealized -21.2%

BIL SPDR SERIES TRUST 0.7%

Value ($000) $6,774 Shares 73,846 Est. Cost $91.63 Unrealized —

CRM SALESFORCE INC 0.7%

Value ($000) $6,346 Shares 23,273 Est. Cost $259.06 Unrealized +2.7%

FSV FIRSTSERVICE CORP NEW 0.2%

Value ($000) $2,183 Shares 12,502 Est. Cost $90.22 Unrealized +91.0%

IGIB ISHARES TR 0.1%

Value ($000) $639 Shares 11,984 Est. Cost $59.12 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.1%

Value ($000) $581 Shares 1,197 Est. Cost $461.73 Unrealized +10.0%

COST COSTCO WHSL CORP NEW 0.0%

Value ($000) $254 Shares 257 Est. Cost $990.72 Unrealized 0.0%

AMZN AMAZON COM INC 0.0%

Value ($000) $228 Shares 1,040 Est. Cost $197.89 Unrealized 0.0%

CBRE CBRE GROUP INC 0.0%

Value ($000) $210 Shares 1,500 Est. Cost $126.46 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	185,666	$92,352	10.1%	$148.78	+190.6%	COM	594918104
V	VISA INC	247,995	$88,051	9.6%	$121.40	+185.8%	COM CL A	92826C839
MCO	MOODYS CORP	161,060	$80,786	8.8%	$258.15	+78.6%	COM	615369105
ROP	ROPER TECHNOLOGIES INC	140,102	$79,415	8.7%	$557.47	+0.8%	COM	776696106
HLT	HILTON WORLDWIDE HLDGS INC	275,235	$73,306	8.0%	$156.08	+52.3%	COM	43300A203
MSCI	MSCI INC	118,549	$68,372	7.4%	$103.75	+429.3%	COM	55354G100
AXP	AMERICAN EXPRESS CO	205,727	$65,623	7.1%	$233.22	+19.8%	COM	025816109
SHW	SHERWIN WILLIAMS CO	189,262	$64,985	7.1%	$212.57	+62.1%	COM	824348106
EFX	EQUIFAX INC	249,301	$64,661	7.0%	$180.81	+39.9%	COM	294429105
FERG	FERGUSON ENTERPRISES INC	293,384	$63,884	7.0%	$196.34	-7.3%	COMMON STOCK NEW	31488V107
AON	AON PLC	166,610	$59,440	6.5%	$319.72	+13.0%	SHS CL A	G0403H108
G	GENPACT LIMITED	1,329,859	$58,527	6.4%	$34.55	+30.1%	SHS	G3922B107
BAH	BOOZ ALLEN HAMILTON HLDG COR	396,679	$41,306	4.5%	$138.91	-21.2%	CL A	099502106
BIL	SPDR SERIES TRUST	73,846	$6,774	0.7%	$91.63	—	BLOOMBERG 1-3 MO	78468R663
CRM	SALESFORCE INC	23,273	$6,346	0.7%	$259.06	+2.7%	COM	79466L302
FSV	FIRSTSERVICE CORP NEW	12,502	$2,183	0.2%	$90.22	+91.0%	COM	33767E202
IGIB	ISHARES TR	11,984	$639	0.1%	$59.12	—	ISHS 5-10YR INVT	464288638
BRK/B	BERKSHIRE HATHAWAY INC DEL	1,197	$581	0.1%	$461.73	+10.0%	CL B NEW	084670702
COST	COSTCO WHSL CORP NEW	257	$254	0.0%	$990.72	0.0%	COM	22160K105
AMZN	AMAZON COM INC	1,040	$228	0.0%	$197.89	0.0%	COM	023135106
CBRE	CBRE GROUP INC	1,500	$210	0.0%	$126.46	0.0%	CL A	12504L109