13F HOLDINGS REPORT
GFI Investment Counsel Ltd.
Quarter ended Q3 2025 · Filed November 13, 2025 · Accession 0001688774-25-000015
Total Value
$960.6M
Positions
26
Other Managers
0
Confidential Omitted
No
Holdings (26)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | MICROSOFT CORP | MSFT | 183,782 | $95.2M | 9.91% |
| 2 | VISA INC | V | 247,486 | $84.5M | 8.80% |
| 3 | MOODYS CORP | MCO | 161,380 | $76.9M | 8.01% |
| 4 | HILTON WORLDWIDE HLDGS INC | HLT | 274,821 | $71.3M | 7.42% |
| 5 | ROPER TECHNOLOGIES INC | ROP | 140,301 | $70.0M | 7.28% |
| 6 | AMERICAN EXPRESS CO | AXP | 205,963 | $68.4M | 7.12% |
| 7 | MSCI INC | MSCI | 119,316 | $67.7M | 7.05% |
| 8 | SHERWIN WILLIAMS CO | SHW | 189,805 | $65.7M | 6.84% |
| 9 | EQUIFAX INC | EFX | 250,680 | $64.3M | 6.69% |
| 10 | FERGUSON ENTERPRISES INC | FERG | 283,510 | $63.7M | 6.63% |
| 11 | AON PLC | AON | 167,596 | $59.8M | 6.22% |
| 12 | OTIS WORLDWIDE CORP | OTIS | 645,539 | $59.0M | 6.14% |
| 13 | GENPACT LIMITED | G | 1,335,865 | $56.0M | 5.83% |
| 14 | BOOZ ALLEN HAMILTON HLDG COR | BAH | 407,468 | $40.7M | 4.24% |
| 15 | SPDR SERIES TRUST | 78468R663 | 65,105 | $6.0M | 0.62% |
| 16 | SALESFORCE INC | CRM | 23,321 | $5.5M | 0.58% |
| 17 | FIRSTSERVICE CORP NEW | FSV | 12,559 | $2.4M | 0.25% |
| 18 | ISHARES TR | 464288638 | 11,984 | $648,215 | 0.07% |
| 19 | APPLE INC | AAPL | 2,480 | $631,482 | 0.07% |
| 20 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 1,197 | $601,780 | 0.06% |
| 21 | ISHARES TR | 464287655 | 4,130 | $458,430 | 0.05% |
| 22 | TESLA INC | TSLA | 628 | $279,284 | 0.03% |
| 23 | COSTCO WHSL CORP NEW | 22160K105 | 257 | $237,887 | 0.02% |
| 24 | CBRE GROUP INC | CBRE | 1,500 | $236,340 | 0.02% |
| 25 | VANECK ETF TRUST | 92189H839 | 6,320 | $227,394 | 0.02% |
| 26 | NETFLIX INC | NFLX | 182 | $218,203 | 0.02% |