Filed: 11/10/2025ACC: 0001193125-25-273370
📋 What this filing means
HILLSDALE INVESTMENT MANAGEMENT INC. filed this quarterly 13F‑HR report disclosing 636 equity positions with a total reported market value of $3.31B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
636
Positions
$3.31B
Total AUM (reported)
110.69M
Total Shares
Allocation by class
COM$3.31B100.0%
Portfolio Concentration
Top 3$307.53M9.3%
4–10$447.31M13.5%
11–25$567.60M17.1%
Rest$1.99B60.1%
Top 3 weight
9.3%
Top 10 weight
22.8%
Voting Authority Distribution
Total shares with voting rights: 110.69M
Sole
Full voting authority
77.62M
shares
% of voting shares70.1%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
33.07M
shares
% of voting shares29.9%
Investment Discretion (by position count)
Sole636
Shared0
Other0
Dominant voting typeSole · 70.1% of voting shares
Institutional Holdings636
Rows:
Royal Bank of Canada
SOLEShares854.54K
TypeSH
Market value$125.92M
3.80%
Sole
149.62K
Shared
0.00
None
704.92K
Canadian Imperial Bank of Commerce
SOLEShares1.18M
TypeSH
Market value$94.66M
2.86%
Sole
249.49K
Shared
0.00
None
935.38K
Toronto-Dominion Bank (The)
SOLEShares1.09M
TypeSH
Market value$86.95M
2.63%
Sole
112.28K
Shared
0.00
None
975.41K
SHOPIFY INC
SOLEShares536.81K
TypeSH
Market value$79.73M
2.41%
Sole
96.26K
Shared
0.00
None
440.56K
The Bank of Nova Scotia
SOLEShares1.09M
TypeSH
Market value$70.77M
2.14%
Sole
192.48K
Shared
0.00
None
902.26K
Agnico Eagle Mines Ltd
SOLEShares408.22K
TypeSH
Market value$68.74M
2.08%
Sole
52.90K
Shared
0.00
None
355.32K
Bank of Montreal
SOLEShares525.02K
TypeSH
Market value$68.40M
2.07%
Sole
108.56K
Shared
0.00
None
416.47K
Enbridge Inc
SOLEShares1.29M
TypeSH
Market value$64.86M
1.96%
Sole
163.28K
Shared
0.00
None
1.12M
Enerflex Ltd
SOLEShares4.70M
TypeSH
Market value$50.69M
1.53%
Sole
2.53M
Shared
0.00
None
2.17M
NVIDIA Corporation
SOLEShares236.44K
TypeSH
Market value$44.12M
1.33%
Sole
234.76K
Shared
0.00
None
1.68K
SSR Mining Inc
SOLEShares1.74M
TypeSH
Market value$42.46M
1.28%
Sole
792.15K
Shared
0.00
None
947.33K
Kinross Gold Corp
SOLEShares1.70M
TypeSH
Market value$42.29M
1.28%
Sole
555.42K
Shared
0.00
None
1.15M
Wheaton Precious Metals Corp
SOLEShares374.76K
TypeSH
Market value$41.93M
1.27%
Sole
69.97K
Shared
0.00
None
304.79K
FORTIS INC
SOLEShares813.22K
TypeSH
Market value$41.24M
1.25%
Sole
18.30K
Shared
0.00
None
794.92K
Aris Mining Corp
SOLEShares4.06M
TypeSH
Market value$39.82M
1.20%
Sole
1.87M
Shared
0.00
None
2.19M
New Gold Inc
SOLEShares5.54M
TypeSH
Market value$39.64M
1.20%
Sole
2.52M
Shared
0.00
None
3.02M
BCE Inc.
SOLEShares1.69M
TypeSH
Market value$39.55M
1.19%
Sole
66.17K
Shared
0.00
None
1.63M
MICROSOFT CORP
SOLEShares74.37K
TypeSH
Market value$38.52M
1.16%
Sole
74.11K
Shared
0.00
None
260.00
Barrick Mining Corporation
SOLEShares1.09M
TypeSH
Market value$35.69M
1.08%
Sole
63.08K
Shared
0.00
None
1.02M
APPLE INC
SOLEShares140.02K
TypeSH
Market value$35.65M
1.08%
Sole
139.85K
Shared
0.00
None
175.00
iShares MSCI India Small-Cap ETF
SOLEShares497.12K
TypeSH
Market value$35.65M
1.08%
Sole
497.12K
Shared
0.00
None
0.00
Brookfield Corp
SOLEShares501.37K
TypeSH
Market value$34.39M
1.04%
Sole
87.91K
Shared
0.00
None
413.46K
Emera Inc
SOLEShares716.80K
TypeSH
Market value$34.38M
1.04%
Sole
115.90K
Shared
0.00
None
600.90K
Magna International Inc
SOLEShares709.17K
TypeSH
Market value$33.59M
1.01%
Sole
158.13K
Shared
0.00
None
551.04K
First Majestic Silver Corp
SOLEShares2.67M
TypeSH
Market value$32.80M
0.99%
Sole
1.22M
Shared
0.00
None
1.45M
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Royal Bank of CanadaSOLE | COM | 854.54K | SH | $125.92M 3.80% | 149.62K | 0.00 | 704.92K |
Canadian Imperial Bank of CommerceSOLE | COM | 1.18M | SH | $94.66M 2.86% | 249.49K | 0.00 | 935.38K |
Toronto-Dominion Bank (The)SOLE | COM | 1.09M | SH | $86.95M 2.63% | 112.28K | 0.00 | 975.41K |
SHOPIFY INCSOLE | COM | 536.81K | SH | $79.73M 2.41% | 96.26K | 0.00 | 440.56K |
The Bank of Nova ScotiaSOLE | COM | 1.09M | SH | $70.77M 2.14% | 192.48K | 0.00 | 902.26K |
Agnico Eagle Mines LtdSOLE | COM | 408.22K | SH | $68.74M 2.08% | 52.90K | 0.00 | 355.32K |
Bank of MontrealSOLE | COM | 525.02K | SH | $68.40M 2.07% | 108.56K | 0.00 | 416.47K |
Enbridge IncSOLE | COM | 1.29M | SH | $64.86M 1.96% | 163.28K | 0.00 | 1.12M |
Enerflex LtdSOLE | COM | 4.70M | SH | $50.69M 1.53% | 2.53M | 0.00 | 2.17M |
NVIDIA CorporationSOLE | COM | 236.44K | SH | $44.12M 1.33% | 234.76K | 0.00 | 1.68K |
SSR Mining IncSOLE | COM | 1.74M | SH | $42.46M 1.28% | 792.15K | 0.00 | 947.33K |
Kinross Gold CorpSOLE | COM | 1.70M | SH | $42.29M 1.28% | 555.42K | 0.00 | 1.15M |
Wheaton Precious Metals CorpSOLE | COM | 374.76K | SH | $41.93M 1.27% | 69.97K | 0.00 | 304.79K |
FORTIS INCSOLE | COM | 813.22K | SH | $41.24M 1.25% | 18.30K | 0.00 | 794.92K |
Aris Mining CorpSOLE | COM | 4.06M | SH | $39.82M 1.20% | 1.87M | 0.00 | 2.19M |
New Gold IncSOLE | COM | 5.54M | SH | $39.64M 1.20% | 2.52M | 0.00 | 3.02M |
BCE Inc.SOLE | COM | 1.69M | SH | $39.55M 1.19% | 66.17K | 0.00 | 1.63M |
MICROSOFT CORPSOLE | COM | 74.37K | SH | $38.52M 1.16% | 74.11K | 0.00 | 260.00 |
Barrick Mining CorporationSOLE | COM | 1.09M | SH | $35.69M 1.08% | 63.08K | 0.00 | 1.02M |
APPLE INCSOLE | COM | 140.02K | SH | $35.65M 1.08% | 139.85K | 0.00 | 175.00 |
iShares MSCI India Small-Cap ETFSOLE | COM | 497.12K | SH | $35.65M 1.08% | 497.12K | 0.00 | 0.00 |
Brookfield CorpSOLE | COM | 501.37K | SH | $34.39M 1.04% | 87.91K | 0.00 | 413.46K |
Emera IncSOLE | COM | 716.80K | SH | $34.38M 1.04% | 115.90K | 0.00 | 600.90K |
Magna International IncSOLE | COM | 709.17K | SH | $33.59M 1.01% | 158.13K | 0.00 | 551.04K |
First Majestic Silver CorpSOLE | COM | 2.67M | SH | $32.80M 0.99% | 1.22M | 0.00 | 1.45M |
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