Filed: 5/9/2025ACC: 0000950123-25-004414
📋 What this filing means
HILLSDALE INVESTMENT MANAGEMENT INC. filed this quarterly 13F‑HR report disclosing 593 equity positions with a total reported market value of $1.97B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
593
Positions
$1.97B
Total AUM (reported)
84.71M
Total Shares
Allocation by class
COM$1.97B100.0%
Portfolio Concentration
Top 3$248.63M12.6%
4–10$382.78M19.5%
11–25$368.97M18.8%
Rest$966.41M49.1%
Top 3 weight
12.6%
Top 10 weight
32.1%
Voting Authority Distribution
Total shares with voting rights: 84.71M
Sole
Full voting authority
52.07M
shares
% of voting shares61.5%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
32.65M
shares
% of voting shares38.5%
Investment Discretion (by position count)
Sole593
Shared0
Other0
Dominant voting typeSole · 61.5% of voting shares
Institutional Holdings593
Rows:
Royal Bank of Canada
SOLEShares965.21K
TypeSH
Market value$108.75M
5.53%
Sole
191.36K
Shared
0.00
None
773.85K
Canadian Imperial Bank of Comm
SOLEShares1.28M
TypeSH
Market value$72.13M
3.67%
Sole
287.15K
Shared
0.00
None
994.67K
Enbridge Inc
SOLEShares1.53M
TypeSH
Market value$67.75M
3.44%
Sole
210.04K
Shared
0.00
None
1.32M
Bank of Montreal
SOLEShares640.28K
TypeSH
Market value$61.16M
3.11%
Sole
162.32K
Shared
0.00
None
477.96K
SHOPIFY INC
SOLEShares620.83K
TypeSH
Market value$59.08M
3.00%
Sole
123.28K
Shared
0.00
None
497.54K
Toronto-Dominion Bank (The)
SOLEShares947.02K
TypeSH
Market value$56.76M
2.89%
Sole
81.17K
Shared
0.00
None
865.84K
Agnico Eagle Mines Ltd
SOLEShares512.78K
TypeSH
Market value$55.57M
2.83%
Sole
83.21K
Shared
0.00
None
429.57K
Manulife Financial Corp
SOLEShares1.72M
TypeSH
Market value$53.68M
2.73%
Sole
501.49K
Shared
0.00
None
1.22M
The Bank of Nova Scotia
SOLEShares1.09M
TypeSH
Market value$51.82M
2.63%
Sole
233.34K
Shared
0.00
None
859.40K
Enerflex Ltd
SOLEShares5.78M
TypeSH
Market value$44.70M
2.27%
Sole
3.03M
Shared
0.00
None
2.75M
Orla Mining Ltd
SOLEShares4.28M
TypeSH
Market value$39.95M
2.03%
Sole
1.88M
Shared
0.00
None
2.40M
Methanex Corp
SOLEShares1.05M
TypeSH
Market value$36.93M
1.88%
Sole
563.13K
Shared
0.00
None
489.70K
Fortuna Mining Corp
SOLEShares5.12M
TypeSH
Market value$31.15M
1.58%
Sole
2.13M
Shared
0.00
None
2.99M
New Gold Inc
SOLEShares7.96M
TypeSH
Market value$29.44M
1.50%
Sole
3.33M
Shared
0.00
None
4.63M
Kinross Gold Corp
SOLEShares2.04M
TypeSH
Market value$25.65M
1.30%
Sole
411.02K
Shared
0.00
None
1.62M
FORTIS INC
SOLEShares557.97K
TypeSH
Market value$25.42M
1.29%
Sole
16.50K
Shared
0.00
None
541.48K
Pembina Pipeline Corp
SOLEShares615K
TypeSH
Market value$24.61M
1.25%
Sole
50.42K
Shared
0.00
None
564.58K
CAE Inc.
SOLEShares929.50K
TypeSH
Market value$22.86M
1.16%
Sole
167.06K
Shared
0.00
None
762.45K
Gildan Activewear Inc
SOLEShares494.67K
TypeSH
Market value$21.87M
1.11%
Sole
125.72K
Shared
0.00
None
368.95K
Wheaton Precious Metals Corp
SOLEShares268.55K
TypeSH
Market value$20.84M
1.06%
Sole
73.28K
Shared
0.00
None
195.26K
Suncor Energy Inc.
SOLEShares520.17K
TypeSH
Market value$20.15M
1.02%
Sole
243.10K
Shared
0.00
None
277.07K
Veren Inc
SOLEShares2.98M
TypeSH
Market value$19.71M
1.00%
Sole
1.27M
Shared
0.00
None
1.71M
Brookfield Corp
SOLEShares367.46K
TypeSH
Market value$19.24M
0.98%
Sole
49.65K
Shared
0.00
None
317.81K
Waste Connections Inc.
SOLEShares97.23K
TypeSH
Market value$18.96M
0.96%
Sole
28.20K
Shared
0.00
None
69.04K
Canadian Natural Resources Ltd
SOLEShares396.55K
TypeSH
Market value$12.21M
0.62%
Sole
70.88K
Shared
0.00
None
325.66K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Royal Bank of CanadaSOLE | COM | 965.21K | SH | $108.75M 5.53% | 191.36K | 0.00 | 773.85K |
Canadian Imperial Bank of CommSOLE | COM | 1.28M | SH | $72.13M 3.67% | 287.15K | 0.00 | 994.67K |
Enbridge IncSOLE | COM | 1.53M | SH | $67.75M 3.44% | 210.04K | 0.00 | 1.32M |
Bank of MontrealSOLE | COM | 640.28K | SH | $61.16M 3.11% | 162.32K | 0.00 | 477.96K |
SHOPIFY INCSOLE | COM | 620.83K | SH | $59.08M 3.00% | 123.28K | 0.00 | 497.54K |
Toronto-Dominion Bank (The)SOLE | COM | 947.02K | SH | $56.76M 2.89% | 81.17K | 0.00 | 865.84K |
Agnico Eagle Mines LtdSOLE | COM | 512.78K | SH | $55.57M 2.83% | 83.21K | 0.00 | 429.57K |
Manulife Financial CorpSOLE | COM | 1.72M | SH | $53.68M 2.73% | 501.49K | 0.00 | 1.22M |
The Bank of Nova ScotiaSOLE | COM | 1.09M | SH | $51.82M 2.63% | 233.34K | 0.00 | 859.40K |
Enerflex LtdSOLE | COM | 5.78M | SH | $44.70M 2.27% | 3.03M | 0.00 | 2.75M |
Orla Mining LtdSOLE | COM | 4.28M | SH | $39.95M 2.03% | 1.88M | 0.00 | 2.40M |
Methanex CorpSOLE | COM | 1.05M | SH | $36.93M 1.88% | 563.13K | 0.00 | 489.70K |
Fortuna Mining CorpSOLE | COM | 5.12M | SH | $31.15M 1.58% | 2.13M | 0.00 | 2.99M |
New Gold IncSOLE | COM | 7.96M | SH | $29.44M 1.50% | 3.33M | 0.00 | 4.63M |
Kinross Gold CorpSOLE | COM | 2.04M | SH | $25.65M 1.30% | 411.02K | 0.00 | 1.62M |
FORTIS INCSOLE | COM | 557.97K | SH | $25.42M 1.29% | 16.50K | 0.00 | 541.48K |
Pembina Pipeline CorpSOLE | COM | 615K | SH | $24.61M 1.25% | 50.42K | 0.00 | 564.58K |
CAE Inc.SOLE | COM | 929.50K | SH | $22.86M 1.16% | 167.06K | 0.00 | 762.45K |
Gildan Activewear IncSOLE | COM | 494.67K | SH | $21.87M 1.11% | 125.72K | 0.00 | 368.95K |
Wheaton Precious Metals CorpSOLE | COM | 268.55K | SH | $20.84M 1.06% | 73.28K | 0.00 | 195.26K |
Suncor Energy Inc.SOLE | COM | 520.17K | SH | $20.15M 1.02% | 243.10K | 0.00 | 277.07K |
Veren IncSOLE | COM | 2.98M | SH | $19.71M 1.00% | 1.27M | 0.00 | 1.71M |
Brookfield CorpSOLE | COM | 367.46K | SH | $19.24M 0.98% | 49.65K | 0.00 | 317.81K |
Waste Connections Inc.SOLE | COM | 97.23K | SH | $18.96M 0.96% | 28.20K | 0.00 | 69.04K |
Canadian Natural Resources LtdSOLE | COM | 396.55K | SH | $12.21M 0.62% | 70.88K | 0.00 | 325.66K |
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