GFI Investment Counsel portfolio
Concentrated managerInvestment firmPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 14, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
GFI Investment Counsel reported a $737M portfolio of 29 companies (30 positions, counting each share class separately) to the SEC as of the end of Q2 2026. Its largest positions are HLT, V, AXP. During the quarter it opened Interactive Brokers Group.
Sections with a free account
What changed this quarter
27 positions with a change (7 new, 3 added to, 16 trimmed, 1 sold). 5 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Roper Technologies−94%fewer sharesReduced6.2% → 0.4%
- Interactive Brokers Group+4.0 ppof portfolioNew— → 4.0%
- Verisign+161%more sharesIncreased1.5% → 3.9%
- Hilton Worldwide Holdings−13%fewer sharesReduced10.3% → 9.7%
- Otis Worldwide−24%fewer sharesReduced6.2% → 4.3%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- Hilton Worldwide HoldingsHLT9.7%
- VisaV8.8%
- American ExpressAXP8.4%
- Ferguson EnterprisesFERG8.1%
- MSCIMSCI7.9%
- Moody'sMCO7.2%
- AonAON7.2%
- MicrosoftMSFT7.0%
- Sherwin-williamsSHW6.6%
- Amazon.comAMZN5.2%
- EquifaxEFX4.9%
- Otis WorldwideOTIS4.3%
- Interactive Brokers GroupIBKR4.0%
- VerisignVRSN3.9%
- Brookfield Asset ManagementBAM3.3%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Financials 47%
- ● Industrials 17%
- ● Consumer Discretionary 15%
- ● Information Technology 11%
- ● Materials 7%
- ● No sector 1%
- ● Communication Services 1%
How its portfolio changed (8 quarters)
Q2 2026: 30
Q2 2026: 76%
Q2 2026: 9.1%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
13F filings with amendments or confidential positions
- 13F Q4 2025 ↗filed Feb 11, 2026Amendment of Feb 25, 2026 (replaces the original) ↗Amendment of Feb 25, 2026 (adds holdings) ↗4 positions known later through an amendment, worth $881K: they could not be copied when the 13F was published.
- 13F Q4 2024 ↗filed Feb 12, 2025Amendment of Jun 10, 2025 (replaces the original) ↗
- 13F Q3 2024 ↗filed Nov 12, 2024Amendment of Jun 10, 2025 (replaces the original) ↗
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Investment firm, per its Form ADV of Sep 1, 2026 (medium confidence).
The data, as reported: GFI INVESTMENT COUNSEL (CRD 332720): Institutional mandates; 5.D assets by client type: corporations 52%, high net worth 32%, pooled vehicles 9%, individuals 6% (of $1.8 bn); 5.F 5833 accounts, 12% non-discretionary; 5.D 1059 clients, 759 individuals
The type comes from a rule applied to that data. If it looks wrong, tell us.
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