Hillsdale Investment Management
Toronto, A6files as Hillsdale Investment Management Inc.
$4.4bn in 647 US stocks at the end of 30 June 2026. The top 10 are 23.8% of the money. It changed about 21.2% of the portfolio this quarter.
Value
$4.4bn
Stocks
647
Top 10 share
23.8%
Turnover
21.2%
What changed this quarter
New
Bought for the first time this quarter.
- BlackberryBB0.9% of the fund
- OceanaGoldOGC0.9% of the fund
- Imperial OilIMO0.4% of the fund
- MaxlinearMXL0.3% of the fund
- LifeStance Health GroupLFST0.3% of the fund
- Maravai Lifesciences HoldingsMRVI0.2% of the fund
- MethanexMEOH0.2% of the fund
- AMN Healthcare ServicesAMN0.2% of the fund
- ArcbestARCB0.2% of the fund
- MDA SpaceMDA0.2% of the fund
- OFG BancorpOFG0.2% of the fund
- Carter BanksharesCARE0.2% of the fund
- EnproNPO0.2% of the fund
- 10x GenomicsTXG0.2% of the fund
- Perimeter SolutionsPRM0.2% of the fund
- Hornbeck Offshore ServicesHOS0.2% of the fund
- Pangaea Logistics SolutionsPANL0.2% of the fund
- Scorpio TankersSTNG0.2% of the fund
- Ballard Power SystemsBLDP0.2% of the fund
- ExxonMobil HoldingsXOM0.1% of the fund
- ArvinasARVN0.1% of the fund
- OmnicellOMCL0.1% of the fund
- Movado GroupMOV0.1% of the fund
- Murphy USAMUSA0.1% of the fund
- AdientADNT0.1% of the fund
Added
Bought more of a stock they already held.
- Bank of Nova ScotiaBNS2.7% of the fund+4%
- Suncor EnergySU1.9% of the fund+124%
- Canadian Natural ResourcesCNQ1.7% of the fund+150%
- EnbridgeENB1.7% of the fund+57%
- Cenovus EnergyCVE1.3% of the fund+92%
- NvidiaNVDA1.3% of the fund+3%
- ShopifySHOP1.2% of the fund+16%
- AppleAAPL1.1% of the fund+3%
- Pembina PipelinePBA1.1% of the fund+207%
- EmeraEMA1.0% of the fund+28%
- BCEBCE1.0% of the fund+24%
- Precision DrillingPDS0.9% of the fund+5%
- NutrienNTR0.8% of the fund+231%
- Wheaton Precious MetalsWPM0.8% of the fund+7%
- MicrosoftMSFT0.7% of the fund+3%
- Amazon.comAMZN0.6% of the fund+4%
- SSR MiningSSRM0.5% of the fund+22%
- BrookfieldBN0.4% of the fund+3%
- RB GlobalRBA0.4% of the fund+22%
- TC EnergyTRP0.4% of the fund+75%
- Meta PlatformsMETA0.4% of the fund+8%
- Canadian Pacific Kansas CityCP0.4% of the fund+43%
- Canadian National RailwayCNI0.4% of the fund+47%
- Kulicke & Soffa IndustriesKLIC0.4% of the fund+6%
- Enova InternationalENVA0.4% of the fund+5%
Cut
Sold some of their stake.
- Royal Bank of CanadaRY4.7% of the fund-6%
- Canadian Imperial Bank of Commerce /canCM2.9% of the fund-11%
- Toronto Dominion BankTD2.8% of the fund-15%
- EnerflexEFXT2.0% of the fund-6%
- Bank of Montreal /canBMO1.9% of the fund-15%
- CelesticaCLS1.0% of the fund-10%
- AlphabetGOOGL1.0% of the fund-8%
- Centerra GoldCGAU0.9% of the fund-21%
- Magna InternationalMGA0.9% of the fund-28%
- FortisFTS0.9% of the fund-37%
- Ishares TRSMIN0.8% of the fund-8%
- SandiskSNDK0.7% of the fund-6%
- First Majestic SilverAG0.5% of the fund-17%
- Manulife FinancialMFC0.5% of the fund-71%
- Kinross GoldKGC0.4% of the fund-45%
- Restaurant Brands InternationalQSR0.4% of the fund-35%
- Guardant HealthGH0.4% of the fund-8%
- Micron TechnologyMU0.4% of the fund-4%
- Garrett MotionGTX0.4% of the fund-23%
- SanminaSANM0.4% of the fund-16%
- MYR GroupMYRG0.3% of the fund-11%
- Digi InternationalDGII0.3% of the fund-2%
- BroadcomAVGO0.3% of the fund-9%
- Rogers CommunicationsRCI0.3% of the fund-60%
- Amneal PharmaceuticalsAMRX0.3% of the fund-13%
Sold out
Sold their entire stake.
- AllientALNT-100%
- Kontoor BrandsKTB-100%
- SkywestSKYW-100%
- ZumiezZUMZ-100%
- CompassCOMP-100%
- Rocky BrandsRCKY-100%
- Biocryst PharmaceuticalsBCRX-100%
- ACI WorldwideACIW-100%
- Coeur MiningCDE-100%
- Ranger Energy ServicesRNGR-100%
- FlowserveFLS-100%
- Gulfport EnergyGPOR-100%
- Hanmi FinancialHAFC-100%
- Columbus MckinnonCMCO-100%
- DXC TechnologyDXC-100%
- BladexBLX-100%
- SunrunRUN-100%
- Texas Capital BancsharesTCBI-100%
- YelpYELP-100%
- BeldenBDC-100%
- ITTITT-100%
- Arcutis BiotherapeuticsARQT-100%
- APi GroupAPG-100%
- InnovAge HoldingINNV-100%
- iRhythm HoldingsIRTC-100%
Holdings
- Royal Bank of CanadaRY
- Share
- 4.7%
- Value
- $208m
- Shares
- 1,005,143
-6%
- Canadian Imperial Bank of Commerce /canCM
- Share
- 2.9%
- Value
- $127m
- Shares
- 1,106,970
-11%
- Toronto Dominion BankTD
- Share
- 2.8%
- Value
- $124m
- Shares
- 1,019,172
-15%
- Bank of Nova ScotiaBNS
- Share
- 2.7%
- Value
- $117m
- Shares
- 1,349,041
+4%
- EnerflexEFXT
- Share
- 2.0%
- Value
- $89m
- Shares
- 3,615,379
-6%
- Suncor EnergySU
- Share
- 1.9%
- Value
- $85m
- Shares
- 1,582,117
+124%
- Bank of Montreal /canBMO
- Share
- 1.9%
- Value
- $81m
- Shares
- 460,739
-15%
- Canadian Natural ResourcesCNQ
- Share
- 1.7%
- Value
- $77m
- Shares
- 1,938,131
+150%
- Agnico Eagle MinesAEM
- Share
- 1.3%
- Value
- $59m
- Shares
- 381,603
Held
- Cenovus EnergyCVE
- Share
- 1.3%
- Value
- $59m
- Shares
- 2,387,412
+92%
- Barrick MiningB
- Share
- 1.1%
- Value
- $48m
- Shares
- 1,304,301
Held
- Pembina PipelinePBA
- Share
- 1.1%
- Value
- $48m
- Shares
- 1,030,460
+207%
- EmeraEMA
- Share
- 1.0%
- Value
- $44m
- Shares
- 821,776
+28%
- BCEBCE
- Share
- 1.0%
- Value
- $43m
- Shares
- 2,007,737
+24%
- Centerra GoldCGAU
- Share
- 0.9%
- Value
- $40m
- Shares
- 2,554,340
-21%
- OceanaGoldOGC
- Share
- 0.9%
- Value
- $40m
- Shares
- 1,586,525
New
- Magna InternationalMGA
- Share
- 0.9%
- Value
- $40m
- Shares
- 601,904
-28%
- FortisFTS
- Share
- 0.9%
- Value
- $39m
- Shares
- 689,039
-37%
- Precision DrillingPDS
- Share
- 0.9%
- Value
- $39m
- Shares
- 512,747
+5%
- NutrienNTR
- Share
- 0.8%
- Value
- $37m
- Shares
- 585,713
+231%
- Wheaton Precious MetalsWPM
- Share
- 0.8%
- Value
- $35m
- Shares
- 310,136
+7%
- Ishares TRSMIN
- Share
- 0.8%
- Value
- $33m
- Shares
- 471,671
-8%
- IamgoldIAG
- Share
- 0.7%
- Value
- $31m
- Shares
- 1,980,950
Held
- First Majestic SilverAG
- Share
- 0.5%
- Value
- $24m
- Shares
- 1,399,725
-17%
- Manulife FinancialMFC
- Share
- 0.5%
- Value
- $22m
- Shares
- 540,838
-71%
- Kinross GoldKGC
- Share
- 0.4%
- Value
- $19m
- Shares
- 820,650
-45%
- BrookfieldBN
- Share
- 0.4%
- Value
- $19m
- Shares
- 446,735
+3%
- TC EnergyTRP
- Share
- 0.4%
- Value
- $18m
- Shares
- 267,708
+75%
- Canadian National RailwayCNI
- Share
- 0.4%
- Value
- $17m
- Shares
- 141,546
+47%
- Aris MiningARIS
- Share
- 0.3%
- Value
- $15m
- Shares
- 1,023,166
Held
- Rogers CommunicationsRCI
- Share
- 0.3%
- Value
- $13m
- Shares
- 395,361
-60%
- Teck ResourcesTECK
- Share
- 0.3%
- Value
- $12m
- Shares
- 194,600
+27700%
- Ero CopperERO
- Share
- 0.3%
- Value
- $11m
- Shares
- 414,995
-40%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Royal Bank of CanadaRY | 4.7% | $208m | 1,005,143 | -6% |
| Canadian Imperial Bank of Commerce /canCM | 2.9% | $127m | 1,106,970 | -11% |
| Toronto Dominion BankTD | 2.8% | $124m | 1,019,172 | -15% |
| Bank of Nova ScotiaBNS | 2.7% | $117m | 1,349,041 | +4% |
| EnerflexEFXT | 2.0% | $89m | 3,615,379 | -6% |
| Suncor EnergySU | 1.9% | $85m | 1,582,117 | +124% |
| Bank of Montreal /canBMO | 1.9% | $81m | 460,739 | -15% |
| Canadian Natural ResourcesCNQ | 1.7% | $77m | 1,938,131 | +150% |
| EnbridgeENB | 1.7% | $75m | 1,384,813 | +57% |
| Agnico Eagle MinesAEM | 1.3% | $59m | 381,603 | Held |
| Cenovus EnergyCVE | 1.3% | $59m | 2,387,412 | +92% |
| NvidiaNVDA | 1.3% | $56m | 280,626 | +3% |
| ShopifySHOP | 1.2% | $52m | 451,724 | +16% |
| AppleAAPL | 1.1% | $49m | 168,004 | +3% |
| Barrick MiningB | 1.1% | $48m | 1,304,301 | Held |
| Pembina PipelinePBA | 1.1% | $48m | 1,030,460 | +207% |
| CelesticaCLS | 1.0% | $44m | 119,713 | -10% |
| EmeraEMA | 1.0% | $44m | 821,776 | +28% |
| BCEBCE | 1.0% | $43m | 2,007,737 | +24% |
| AlphabetGOOGL | 1.0% | $43m | 120,162 | -8% |
| BlackberryBB | 0.9% | $41m | 3,246,381 | New |
| Centerra GoldCGAU | 0.9% | $40m | 2,554,340 | -21% |
| OceanaGoldOGC | 0.9% | $40m | 1,586,525 | New |
| Magna InternationalMGA | 0.9% | $40m | 601,904 | -28% |
| FortisFTS | 0.9% | $39m | 689,039 | -37% |
| Precision DrillingPDS | 0.9% | $39m | 512,747 | +5% |
| NutrienNTR | 0.8% | $37m | 585,713 | +231% |
| Wheaton Precious MetalsWPM | 0.8% | $35m | 310,136 | +7% |
| Ishares TRSMIN | 0.8% | $33m | 471,671 | -8% |
| MicrosoftMSFT | 0.7% | $32m | 85,782 | +3% |
| IamgoldIAG | 0.7% | $31m | 1,980,950 | Held |
| SandiskSNDK | 0.7% | $31m | 13,570 | -6% |
| Amazon.comAMZN | 0.6% | $25m | 104,909 | +4% |
| First Majestic SilverAG | 0.5% | $24m | 1,399,725 | -17% |
| SSR MiningSSRM | 0.5% | $22m | 781,157 | +22% |
| Manulife FinancialMFC | 0.5% | $22m | 540,838 | -71% |
| Kinross GoldKGC | 0.4% | $19m | 820,650 | -45% |
| BrookfieldBN | 0.4% | $19m | 446,735 | +3% |
| Restaurant Brands InternationalQSR | 0.4% | $18m | 254,553 | -35% |
| RB GlobalRBA | 0.4% | $18m | 155,900 | +22% |
| Imperial OilIMO | 0.4% | $18m | 160,774 | New |
| TC EnergyTRP | 0.4% | $18m | 267,708 | +75% |
| Meta PlatformsMETA | 0.4% | $17m | 30,715 | +8% |
| Guardant HealthGH | 0.4% | $17m | 114,384 | -8% |
| Canadian Pacific Kansas CityCP | 0.4% | $17m | 197,670 | +43% |
| Micron TechnologyMU | 0.4% | $17m | 14,810 | -4% |
| Canadian National RailwayCNI | 0.4% | $17m | 141,546 | +47% |
| Garrett MotionGTX | 0.4% | $17m | 457,397 | -23% |
| Kulicke & Soffa IndustriesKLIC | 0.4% | $16m | 122,200 | +6% |
| SanminaSANM | 0.4% | $16m | 62,863 | -16% |
| Enova InternationalENVA | 0.4% | $16m | 65,411 | +5% |
| Proto LabsPRLB | 0.4% | $16m | 191,594 | +10% |
| EnerSysENS | 0.4% | $15m | 66,221 | +2% |
| Aris MiningARIS | 0.3% | $15m | 1,023,166 | Held |
| NWPX InfrastructureNWPX | 0.3% | $15m | 99,290 | +68% |
| Bread Financial HoldingsBFH | 0.3% | $15m | 136,600 | +6% |
| Adaptive BiotechnologiesADPT | 0.3% | $15m | 684,217 | +9% |
| MYR GroupMYRG | 0.3% | $15m | 29,325 | -11% |
| Digi InternationalDGII | 0.3% | $15m | 195,005 | -2% |
| BroadcomAVGO | 0.3% | $15m | 38,554 | -9% |
| Dycom IndustriesDY | 0.3% | $14m | 28,275 | +9% |
| Encore Capital GroupECPG | 0.3% | $14m | 152,438 | +7% |
| FrontdoorFTDR | 0.3% | $14m | 175,960 | +10% |
| Axsome TherapeuticsAXSM | 0.3% | $13m | 55,000 | +3% |
| Netscout SystemsNTCT | 0.3% | $13m | 307,795 | +10% |
| OpenlaneOPLN | 0.3% | $13m | 322,560 | +28% |
| TeradataTDC | 0.3% | $13m | 379,080 | +10% |
| Rogers CommunicationsRCI | 0.3% | $13m | 395,361 | -60% |
| PhiniaPHIN | 0.3% | $13m | 155,920 | +10% |
| PlexusPLXS | 0.3% | $13m | 42,520 | Held |
| RingCentralRNG | 0.3% | $13m | 325,390 | +11% |
| United Fire GroupUFCS | 0.3% | $13m | 241,568 | +14% |
| BridgeBio PharmaBBIO | 0.3% | $13m | 169,112 | Held |
| CTSCTS | 0.3% | $13m | 192,070 | +9% |
| MaxlinearMXL | 0.3% | $13m | 97,670 | New |
| Healthcare Services GroupHCSG | 0.3% | $12m | 503,120 | +9% |
| LifeStance Health GroupLFST | 0.3% | $12m | 1,147,200 | New |
| Laureate EducationLAUR | 0.3% | $12m | 337,221 | +8% |
| Delek US HoldingsDK | 0.3% | $12m | 238,130 | +11% |
| HarmonicHLIT | 0.3% | $12m | 735,900 | +10% |
| Pediatrix Medical GroupMD | 0.3% | $12m | 464,340 | Held |
| InterfaceTILE | 0.3% | $12m | 325,913 | +5% |
| Rush Street InteractiveRSI | 0.3% | $12m | 392,500 | +8% |
| Monarch Casino & ResortMCRI | 0.3% | $12m | 88,500 | +10% |
| Teck ResourcesTECK | 0.3% | $12m | 194,600 | +27700% |
| Diebold NixdorfDBD | 0.3% | $12m | 135,670 | +6% |
| Douglas DynamicsPLOW | 0.3% | $11m | 212,310 | +9% |
| Watts Water TechnologiesWTS | 0.3% | $11m | 29,230 | Held |
| Helios TechnologiesHLIO | 0.3% | $11m | 126,040 | +12% |
| Amneal PharmaceuticalsAMRX | 0.3% | $11m | 649,179 | -13% |
| OvintivOVV | 0.3% | $11m | 213,100 | +1676% |
| El Pollo Loco HoldingsLOCO | 0.3% | $11m | 656,096 | +12% |
| Constellium SECSTM | 0.3% | $11m | 347,600 | +10% |
| Ero CopperERO | 0.3% | $11m | 414,995 | -40% |
| Extreme NetworksEXTR | 0.2% | $11m | 338,840 | +10% |
| Blue BirdBLBD | 0.2% | $11m | 138,300 | +9% |
| FormfactorFORM | 0.2% | $11m | 67,390 | +9% |
| PAR Pacific HoldingsPARR | 0.2% | $11m | 187,636 | -6% |
| Maravai Lifesciences HoldingsMRVI | 0.2% | $11m | 1,682,878 | New |
| John Wiley & SonsWLY | 0.2% | $10m | 212,980 | +180% |
Showing the largest 100 of 647.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 61.9% since 30 June 2025.
Where the money is
Financial services22.6%
Technology19.9%
Materials11.9%
Energy10.8%
Industrials10.7%
Retail & consumer8.9%
Health care6.8%
Media & telecom3.4%
Utilities2.3%
Real estate1.0%
Everyday goods0.7%
Other1.1%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.