Hillsdale Investment Management Inc. 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Hillsdale Investment Management Inc. disclosed 592 US equity positions worth $2.0bn in its Q1 2025 13F filing. The largest position was RY at 5.5% of the reported book, followed by CM and ENB. Against the Q4 2024 filing, it opened 3 new positions, added to 24 and reduced 19 among the top 50 holdings.
What did Hillsdale Investment Management Inc. own in Q1 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | RY Royal Bank of Canada | Financial Services | 5.5% | $108.8m | 965,206 | 10% | added |
| 2 | CM Canadian Imperial Bank of Comm | Financial Services | 3.7% | $72.1m | 1,281,826 | 33% | added |
| 3 | ENB Enbridge Inc | Energy | 3.4% | $67.8m | 1,530,378 | -1% | reduced |
| 4 | BMO Bank of Montreal | Financial Services | 3.1% | $61.2m | 640,284 | 54% | added |
| 5 | SHOP SHOPIFY INC | Technology | 3.0% | $59.1m | 620,829 | 3% | added |
| 6 | TD Toronto-Dominion Bank (The) | Financial Services | 2.9% | $56.8m | 947,018 | 108% | added |
| 7 | AEM Agnico Eagle Mines Ltd | Basic Materials | 2.8% | $55.6m | 512,779 | -28% | reduced |
| 8 | MFC Manulife Financial Corp | Financial Services | 2.7% | $53.7m | 1,722,448 | -32% | reduced |
| 9 | BNS The Bank of Nova Scotia | Financial Services | 2.6% | $51.8m | 1,092,736 | 24% | added |
| 10 | EFXT Enerflex Ltd | Energy | 2.3% | $44.7m | 5,783,516 | 18% | added |
| 11 | Orla Mining Ltd | 2.0% | $39.9m | 4,276,065 | 98% | added | |
| 12 | MEOH Methanex Corp | Basic Materials | 1.9% | $36.9m | 1,052,835 | 37% | added |
| 13 | FSM Fortuna Mining Corp | Basic Materials | 1.6% | $31.1m | 5,121,135 | – | new |
| 14 | NGDN New Gold Inc | 1.5% | $29.4m | 7,962,527 | -16% | reduced | |
| 15 | KGC Kinross Gold Corp | Basic Materials | 1.3% | $25.6m | 2,035,013 | -37% | reduced |
| 16 | FTS FORTIS INC | Utilities | 1.3% | $25.4m | 557,973 | 3367% | added |
| 17 | PBA Pembina Pipeline Corp | Energy | 1.3% | $24.6m | 614,995 | -52% | reduced |
| 18 | CAE CAE Inc. | Industrials | 1.2% | $22.9m | 929,505 | 57994% | added |
| 19 | GIL Gildan Activewear Inc | Consumer Cyclical | 1.1% | $21.9m | 494,666 | -2% | reduced |
| 20 | WPM Wheaton Precious Metals Corp | Basic Materials | 1.1% | $20.8m | 268,545 | 82% | added |
| 21 | SU Suncor Energy Inc. | Energy | 1.0% | $20.1m | 520,168 | -32% | reduced |
| 22 | 016 Veren Inc | 1.0% | $19.7m | 2,978,455 | 99182% | added | |
| 23 | BN Brookfield Corp | Financial Services | 1.0% | $19.2m | 367,456 | 43% | added |
| 24 | WCN Waste Connections Inc. | Industrials | 1.0% | $19.0m | 97,234 | -58% | reduced |
| 25 | CNQ Canadian Natural Resources Ltd | Energy | 0.6% | $12.2m | 396,547 | 0% | held |
| 26 | IAG IAMGold Corp | Basic Materials | 0.6% | $10.9m | 1,746,405 | -44% | reduced |
| 27 | BHC Bausch Health Cos Inc | Healthcare | 0.6% | $10.8m | 1,670,930 | 8% | added |
| 28 | AGI Alamos Gold Inc | Basic Materials | 0.5% | $10.8m | 404,000 | 0% | held |
| 29 | NEM Newmont Corporation | Basic Materials | 0.5% | $10.2m | 212,000 | – | new |
| 30 | CP Canadian Pacific Kansas City L | Industrials | 0.5% | $10.0m | 143,081 | 8% | added |
| 31 | RBA RB Global Inc | Industrials | 0.5% | $9.7m | 96,550 | 2659% | added |
| 32 | CLS Celestica Inc | Technology | 0.5% | $9.4m | 118,633 | -12% | reduced |
| 33 | FSV FirstService Corp | Real Estate | 0.5% | $9.0m | 54,295 | 11% | added |
| 34 | STN Stantec Inc | Industrials | 0.4% | $8.6m | 103,790 | 65% | added |
| 35 | ACB Aurora Cannabis Inc | 0.4% | $8.2m | 1,870,037 | – | new | |
| 36 | TRI4EUR Thomson Reuters Corp | 0.4% | $8.1m | 47,088 | -63% | reduced | |
| 37 | BAM Brookfield Asset Management Lt | Financial Services | 0.4% | $8.1m | 166,345 | 25% | added |
| 38 | SMIN iShares MSCI India Small-Cap ETF | 0.4% | $6.9m | 101,700 | 64% | added | |
| 39 | AAPL APPLE INC | Technology | 0.3% | $6.8m | 30,669 | 0% | held |
| 40 | TRP TC ENERGY CORP | Energy | 0.3% | $6.7m | 141,641 | -62% | reduced |
| 41 | ACIW ACI Worldwide Inc | Technology | 0.3% | $6.6m | 120,800 | -4% | reduced |
| 42 | NVDA NVIDIA Corporation | Technology | 0.3% | $6.5m | 59,546 | 2% | added |
| 43 | BBSI Barrett Business Services Inc | Industrials | 0.3% | $6.4m | 156,280 | -5% | reduced |
| 44 | ADMA ADMA Biologics Inc | Healthcare | 0.3% | $6.4m | 322,200 | -0% | held |
| 45 | SFM Sprouts Farmers Market Inc | Consumer Defensive | 0.3% | $6.4m | 41,850 | -13% | reduced |
| 46 | PAAS Pan American Silver Corp | Basic Materials | 0.3% | $6.3m | 243,400 | -41% | reduced |
| 47 | CVSA Adtalem Global Education Inc | Consumer Defensive | 0.3% | $6.3m | 62,180 | 3% | added |
| 48 | HALO Halozyme Therapeutics Inc | Healthcare | 0.3% | $6.3m | 98,000 | -8% | reduced |
| 49 | LQDT Liquidity Services Inc | Consumer Cyclical | 0.3% | $6.2m | 199,308 | 3% | added |
| 50 | EPAC Enerpac Tool Group Corp | Industrials | 0.3% | $6.2m | 137,300 | -4% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.