Hillsdale Investment Management Inc. 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Hillsdale Investment Management Inc. disclosed 612 US equity positions worth $2.7bn in its Q2 2025 13F filing. The largest position was RY at 4.1% of the reported book, followed by CM and ENB. Against the Q1 2025 filing, it opened 6 new positions, added to 26 and reduced 17 among the top 50 holdings.
What did Hillsdale Investment Management Inc. own in Q2 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | RY Royal Bank of Canada | Financial Services | 4.1% | $110.0m | 833,778 | -14% | reduced |
| 2 | CM Canadian Imperial Bank of Commerce | Financial Services | 3.1% | $82.8m | 1,165,737 | -9% | reduced |
| 3 | ENB Enbridge Inc | Energy | 2.9% | $79.0m | 1,741,794 | 14% | added |
| 4 | SHOP SHOPIFY INC | Technology | 2.4% | $64.0m | 554,136 | -11% | reduced |
| 5 | BMO Bank of Montreal | Financial Services | 2.3% | $61.3m | 552,939 | -14% | reduced |
| 6 | BNS The Bank of Nova Scotia | Financial Services | 2.2% | $60.7m | 1,096,397 | 0% | held |
| 7 | AEM Agnico Eagle Mines Ltd | Basic Materials | 2.1% | $57.3m | 480,246 | -6% | reduced |
| 8 | TD Toronto-Dominion Bank (The) | Financial Services | 1.8% | $49.0m | 665,382 | -30% | reduced |
| 9 | EMA Emera Inc | 1.6% | $43.4m | 946,507 | – | new | |
| 10 | PBA Pembina Pipeline Corp | Energy | 1.5% | $39.7m | 1,057,273 | 72% | added |
| 11 | FTS FORTIS INC | Utilities | 1.4% | $38.0m | 794,320 | 42% | added |
| 12 | NVDA NVIDIA Corporation | Technology | 1.4% | $37.7m | 238,746 | 301% | added |
| 13 | NGDN New Gold Inc | 1.4% | $37.3m | 7,500,739 | -6% | reduced | |
| 14 | WPM Wheaton Precious Metals Corp | Basic Materials | 1.3% | $35.8m | 397,579 | 48% | added |
| 15 | MFC Manulife Financial Corp | Financial Services | 1.3% | $34.7m | 1,085,013 | -37% | reduced |
| 16 | KGC Kinross Gold Corp | Basic Materials | 1.2% | $33.8m | 2,158,987 | 6% | added |
| 17 | MSFT MICROSOFT CORP | Technology | 1.2% | $32.6m | 65,564 | 408% | added |
| 18 | ARIS Aris Mining Corp | 1.2% | $32.2m | 4,774,163 | – | new | |
| 19 | B Barrick Mining Corporation | Basic Materials | 1.1% | $30.6m | 1,470,729 | – | new |
| 20 | AAPL APPLE INC | Technology | 1.1% | $30.6m | 149,289 | 387% | added |
| 21 | SII Sprott Inc | Financial Services | 1.0% | $28.3m | 409,085 | – | new |
| 22 | SLF Sun Life Financial Inc | Financial Services | 1.0% | $28.0m | 421,138 | 526% | added |
| 23 | SMIN iShares MSCI India Small-Cap ETF | 1.0% | $27.0m | 350,118 | 244% | added | |
| 24 | NEM Newmont Corporation | Basic Materials | 1.0% | $25.9m | 444,090 | 109% | added |
| 25 | GOOGL Alphabet Inc | Communication Services | 0.9% | $25.0m | 142,004 | 383% | added |
| 26 | FSM Fortuna Mining Corp | Basic Materials | 0.9% | $24.0m | 3,670,115 | -28% | reduced |
| 27 | BN Brookfield Corp | Financial Services | 0.8% | $22.6m | 364,949 | -1% | reduced |
| 28 | CNQ Canadian Natural Resources Ltd | Energy | 0.8% | $21.0m | 666,405 | 68% | added |
| 29 | AAUC Allied Gold Corp | 0.8% | $20.5m | 1,525,230 | – | new | |
| 30 | AYS1 Sandstorm Gold Ltd | 0.7% | $20.1m | 2,131,235 | – | new | |
| 31 | AMZN Amazon.com Inc | Consumer Cyclical | 0.7% | $19.7m | 89,957 | 384% | added |
| 32 | Orla Mining Ltd | 0.7% | $18.8m | 1,871,279 | -56% | reduced | |
| 33 | BCE BCE Inc. | Communication Services | 0.7% | $18.8m | 846,966 | 58676% | added |
| 34 | CLS Celestica Inc | Technology | 0.6% | $17.4m | 110,990 | -6% | reduced |
| 35 | META Meta Platforms Inc | Communication Services | 0.6% | $16.8m | 22,815 | 271% | added |
| 36 | STN Stantec Inc | Industrials | 0.5% | $14.8m | 135,710 | 31% | added |
| 37 | WCN Waste Connections Inc. | Industrials | 0.5% | $13.3m | 71,200 | -27% | reduced |
| 38 | CCJ Cameco Corp | Energy | 0.5% | $12.6m | 169,448 | 165% | added |
| 39 | AVGO Broadcom Inc | Technology | 0.4% | $11.2m | 40,744 | 435% | added |
| 40 | RBA RB Global Inc | Industrials | 0.4% | $11.0m | 103,600 | 7% | added |
| 41 | CAE CAE Inc. | Industrials | 0.4% | $10.9m | 371,675 | -60% | reduced |
| 42 | PAAS Pan American Silver Corp | Basic Materials | 0.3% | $9.3m | 329,100 | 35% | added |
| 43 | FSV FirstService Corp | Real Estate | 0.3% | $9.3m | 53,495 | -1% | reduced |
| 44 | JPM JPMorgan Chase & Co | Financial Services | 0.3% | $8.9m | 30,652 | 369% | added |
| 45 | FNV Franco-Nevada Corp | Basic Materials | 0.3% | $8.6m | 52,334 | 12984% | added |
| 46 | CRDO Credo Technology Group Holding Ltd | Technology | 0.3% | $8.6m | 92,350 | -1% | reduced |
| 47 | BAM Brookfield Asset Management Ltd | Financial Services | 0.3% | $8.5m | 153,499 | -8% | reduced |
| 48 | SFM Sprouts Farmers Market Inc | Consumer Defensive | 0.3% | $8.2m | 50,040 | 20% | added |
| 49 | 2655787D Blueprint Medicines Corp | 0.3% | $8.1m | 63,000 | 20% | added | |
| 50 | AMSC American Superconductor Corp | Industrials | 0.3% | $8.1m | 220,000 | 16% | added |
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.