Filed: 8/12/2025ACC: 0000950123-25-007568
📋 What this filing means
HILLSDALE INVESTMENT MANAGEMENT INC. filed this quarterly 13F‑HR report disclosing 613 equity positions with a total reported market value of $2.71B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
613
Positions
$2.71B
Total AUM (reported)
90.31M
Total Shares
Allocation by class
COM$2.71B100.0%
Portfolio Concentration
Top 3$271.82M10.0%
4–10$375.31M13.9%
11–25$477.60M17.6%
Rest$1.58B58.5%
Top 3 weight
10.0%
Top 10 weight
23.9%
Voting Authority Distribution
Total shares with voting rights: 90.31M
Sole
Full voting authority
60.07M
shares
% of voting shares66.5%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
30.24M
shares
% of voting shares33.5%
Investment Discretion (by position count)
Sole613
Shared0
Other0
Dominant voting typeSole · 66.5% of voting shares
Institutional Holdings613
Rows:
Royal Bank of Canada
SOLEShares833.78K
TypeSH
Market value$109.97M
4.06%
Sole
138.23K
Shared
0.00
None
695.55K
Canadian Imperial Bank of Commerce
SOLEShares1.17M
TypeSH
Market value$82.81M
3.06%
Sole
253.47K
Shared
0.00
None
912.27K
Enbridge Inc
SOLEShares1.74M
TypeSH
Market value$79.04M
2.92%
Sole
183.18K
Shared
0.00
None
1.56M
SHOPIFY INC
SOLEShares554.14K
TypeSH
Market value$63.96M
2.36%
Sole
79.89K
Shared
0.00
None
474.25K
Bank of Montreal
SOLEShares552.94K
TypeSH
Market value$61.32M
2.26%
Sole
121.44K
Shared
0.00
None
431.50K
The Bank of Nova Scotia
SOLEShares1.10M
TypeSH
Market value$60.67M
2.24%
Sole
179.92K
Shared
0.00
None
916.48K
Agnico Eagle Mines Ltd
SOLEShares480.25K
TypeSH
Market value$57.26M
2.11%
Sole
59.77K
Shared
0.00
None
420.47K
Toronto-Dominion Bank (The)
SOLEShares665.38K
TypeSH
Market value$48.98M
1.81%
Sole
61K
Shared
0.00
None
604.38K
Emera Inc
SOLEShares946.51K
TypeSH
Market value$43.39M
1.60%
Sole
104.75K
Shared
0.00
None
841.76K
Pembina Pipeline Corp
SOLEShares1.06M
TypeSH
Market value$39.73M
1.47%
Sole
39.14K
Shared
0.00
None
1.02M
FORTIS INC
SOLEShares794.32K
TypeSH
Market value$37.95M
1.40%
Sole
34.38K
Shared
0.00
None
759.94K
NVIDIA Corporation
SOLEShares238.75K
TypeSH
Market value$37.72M
1.39%
Sole
237.73K
Shared
0.00
None
1.01K
New Gold Inc
SOLEShares7.50M
TypeSH
Market value$37.32M
1.38%
Sole
3.18M
Shared
0.00
None
4.32M
Wheaton Precious Metals Corp
SOLEShares397.58K
TypeSH
Market value$35.78M
1.32%
Sole
70.62K
Shared
0.00
None
326.96K
Manulife Financial Corp
SOLEShares1.09M
TypeSH
Market value$34.72M
1.28%
Sole
158.45K
Shared
0.00
None
926.56K
Kinross Gold Corp
SOLEShares2.16M
TypeSH
Market value$33.76M
1.25%
Sole
863.24K
Shared
0.00
None
1.30M
MICROSOFT CORP
SOLEShares65.56K
TypeSH
Market value$32.61M
1.20%
Sole
65.32K
Shared
0.00
None
242.00
Aris Mining Corp
SOLEShares4.77M
TypeSH
Market value$32.17M
1.19%
Sole
2.11M
Shared
0.00
None
2.67M
Barrick Mining Corporation
SOLEShares1.47M
TypeSH
Market value$30.64M
1.13%
Sole
59.83K
Shared
0.00
None
1.41M
APPLE INC
SOLEShares149.29K
TypeSH
Market value$30.63M
1.13%
Sole
149.15K
Shared
0.00
None
140.00
Sprott Inc
SOLEShares409.08K
TypeSH
Market value$28.30M
1.04%
Sole
185.22K
Shared
0.00
None
223.86K
Sun Life Financial Inc
SOLEShares421.14K
TypeSH
Market value$28.04M
1.04%
Sole
21.24K
Shared
0.00
None
399.90K
iShares MSCI India Small-Cap ETF
SOLEShares350.12K
TypeSH
Market value$27.02M
1.00%
Sole
350.12K
Shared
0.00
None
0.00
Newmont Corporation
SOLEShares444.09K
TypeSH
Market value$25.90M
0.96%
Sole
149.29K
Shared
0.00
None
294.80K
Alphabet Inc
SOLEShares142K
TypeSH
Market value$25.03M
0.92%
Sole
141.96K
Shared
0.00
None
40.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Royal Bank of CanadaSOLE | COM | 833.78K | SH | $109.97M 4.06% | 138.23K | 0.00 | 695.55K |
Canadian Imperial Bank of CommerceSOLE | COM | 1.17M | SH | $82.81M 3.06% | 253.47K | 0.00 | 912.27K |
Enbridge IncSOLE | COM | 1.74M | SH | $79.04M 2.92% | 183.18K | 0.00 | 1.56M |
SHOPIFY INCSOLE | COM | 554.14K | SH | $63.96M 2.36% | 79.89K | 0.00 | 474.25K |
Bank of MontrealSOLE | COM | 552.94K | SH | $61.32M 2.26% | 121.44K | 0.00 | 431.50K |
The Bank of Nova ScotiaSOLE | COM | 1.10M | SH | $60.67M 2.24% | 179.92K | 0.00 | 916.48K |
Agnico Eagle Mines LtdSOLE | COM | 480.25K | SH | $57.26M 2.11% | 59.77K | 0.00 | 420.47K |
Toronto-Dominion Bank (The)SOLE | COM | 665.38K | SH | $48.98M 1.81% | 61K | 0.00 | 604.38K |
Emera IncSOLE | COM | 946.51K | SH | $43.39M 1.60% | 104.75K | 0.00 | 841.76K |
Pembina Pipeline CorpSOLE | COM | 1.06M | SH | $39.73M 1.47% | 39.14K | 0.00 | 1.02M |
FORTIS INCSOLE | COM | 794.32K | SH | $37.95M 1.40% | 34.38K | 0.00 | 759.94K |
NVIDIA CorporationSOLE | COM | 238.75K | SH | $37.72M 1.39% | 237.73K | 0.00 | 1.01K |
New Gold IncSOLE | COM | 7.50M | SH | $37.32M 1.38% | 3.18M | 0.00 | 4.32M |
Wheaton Precious Metals CorpSOLE | COM | 397.58K | SH | $35.78M 1.32% | 70.62K | 0.00 | 326.96K |
Manulife Financial CorpSOLE | COM | 1.09M | SH | $34.72M 1.28% | 158.45K | 0.00 | 926.56K |
Kinross Gold CorpSOLE | COM | 2.16M | SH | $33.76M 1.25% | 863.24K | 0.00 | 1.30M |
MICROSOFT CORPSOLE | COM | 65.56K | SH | $32.61M 1.20% | 65.32K | 0.00 | 242.00 |
Aris Mining CorpSOLE | COM | 4.77M | SH | $32.17M 1.19% | 2.11M | 0.00 | 2.67M |
Barrick Mining CorporationSOLE | COM | 1.47M | SH | $30.64M 1.13% | 59.83K | 0.00 | 1.41M |
APPLE INCSOLE | COM | 149.29K | SH | $30.63M 1.13% | 149.15K | 0.00 | 140.00 |
Sprott IncSOLE | COM | 409.08K | SH | $28.30M 1.04% | 185.22K | 0.00 | 223.86K |
Sun Life Financial IncSOLE | COM | 421.14K | SH | $28.04M 1.04% | 21.24K | 0.00 | 399.90K |
iShares MSCI India Small-Cap ETFSOLE | COM | 350.12K | SH | $27.02M 1.00% | 350.12K | 0.00 | 0.00 |
Newmont CorporationSOLE | COM | 444.09K | SH | $25.90M 0.96% | 149.29K | 0.00 | 294.80K |
Alphabet IncSOLE | COM | 142K | SH | $25.03M 0.92% | 141.96K | 0.00 | 40.00 |
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