SEC 13F Intelligence

Managers / Q4 2024 · view latest →

Hillsdale Investment Management Inc.

CIK 0001368465 · 1 FIRST CANADIAN PLACE, 100 KING ST WEST, SUITE 5900 P.O. 477, TORONTO, A6, M5X 1E4 · 416-913-3900

Reported Value
$2.0B
Q4 2024
Positions
2,108
Filings on Record
30
2019–present window
Filed
Feb 11, 2025
original filing

Summary

Hillsdale Investment Management Inc. reported $2.0B in U.S.-listed holdings across 2,108 positions for Q4 2024.

Its largest position, RY, represents 1.8% of the portfolio.

Compared with Q3 2024, the fund opened 120 new positions and exited 130.

Portfolio Metrics

Turnover
+22.8%
vs prior filed quarter
Top-10 Concentration
+11.4%
share of reported value
Largest Position
+1.8%
Royal Bank Of Canada
New / Exited
120 / 130
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $843MQ4 ’18Q1 ’19: $1.1BQ2 ’19: $1.0BQ3 ’19: $1.1BQ4 ’19: $1.1BQ4 ’19Q1 ’20: $831MQ2 ’20: $1.1BQ3 ’20: $1.0BQ4 ’20: $1.1BQ4 ’20Q1 ’21: $1.2BQ2 ’21: $1.3BQ3 ’21: $1.3BQ4 ’21: $1.5BQ4 ’21Q1 ’22: $1.5BQ2 ’22: $1.2BQ3 ’22: $1.1BQ4 ’22: $1.2BQ4 ’22Q1 ’23: $1.2BQ2 ’23: $1.1BQ3 ’23: $1.1BQ4 ’23: $1.2BQ4 ’23Q1 ’24: $1.3BQ2 ’24: $1.3BQ3 ’24: $1.3BQ4 ’24: $2.0BQ4 ’24Q1 ’25: $2.0BQ2 ’25: $2.7BQ3 ’25: $3.3BQ4 ’25: $3.6BQ4 ’25Q1 ’26: $3.7Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 96.0%Other: 2.8%REIT: 0.7%ETP: 0.5%ADR: 0.0%
  • Common Stock · 96.0% · $1.9B
  • Other · 2.8% · $55M
  • REIT · 0.7% · $14M
  • ETP · 0.5% · $9M
  • ADR · 0.0% · $161,704

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MEOHMethanex CorpNEW+767.3K767.3K+$38M$38M
BHCBausch Health Cos IncNEW+1.55M1.55M+$13M$13M
OLAOrla Mining LtdNEW+2.16M2.16M+$12M$12M
NOANorth American Construction Group LtdNEW+377.8K377.8K+$8M$8M
PRMBPrimo Brands CorpNEW+166.1K166.1K+$5M$5M
KTBKontoor Brands IncNEW+55.9K55.9K+$5M$5M
RELYRemitly Global IncNEW+202.6K202.6K+$5M$5M
TGTXTG Therapeutics IncNEW+150.2K150.2K+$5M$5M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2024

29 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1RYRoyal Bank of Canadahistory →COM4.10%$81M673.8K
2MFCManulife Financial Corphistory →COM2.58%$51M1.66M
3ENBEnbridge Inchistory →COM2.15%$42M1.00M
4CMCanadian Imperial Bank of Commercehistory →COM1.98%$39M620.6K
5SHOPShopify Inchistory →COM1.90%$38M354.2K
6AEMAgnico Eagle Mines Ltdhistory →COM1.75%$35M442.0K
7BNSThe Bank of Nova Scotiahistory →COM1.58%$31M584.1K
8PPLPembina Pipeline Corphistory →COM1.52%$30M813.6K
9BMOBank of Montrealhistory →COM1.31%$26M267.5K
10EFXEnerflex Ltdhistory →COM0.91%$18M1.81M
11WCNWaste Connections Inc.history →COM0.90%$18M104.1K
12SUSuncor Energy Inc.history →COM0.88%$17M485.9K
13GILGildan Activewear Inchistory →COM0.75%$15M314.3K
14TDToronto-Dominion Bank (The)history →COM0.69%$14M257.4K
15MEOHMethanex Corphistory →COM0.61%$12M243.6K
16RCI/BRogers Communications Inchistory →COM0.57%$11M365.6K
17DCBODocebo Inchistory →COM0.53%$11M235.4K
18KGCKinross Gold CorpCOM0.49%$10M1.05M
19TRI4EURThomson Reuters CorpCOM0.48%$9M59.1K
20NGDNNew Gold IncCOM0.46%$9M3.65M
21TRPTC Energy CorpCOM0.44%$9M187.1K
22OVVOvintiv IncCOM0.44%$9M215.1K
23BNBrookfield CorpCOM0.41%$8M139.6K
24ELDEldorado Gold CorpCOM0.37%$7M499.0K
25NVDANVIDIA CorporationCOM0.36%$7M53.7K
26AAPLApple IncCOM0.36%$7M28.3K
27CRCCanadian Natural Resources LtdCOM0.33%$7M214.6K
28CGCenterra Gold IncCOM0.31%$6M1.07M
29CLSCelestica IncCOM0.30%$6M65.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$3.7B655May 4, 202613F-HRchanges · EDGAR ↗
Q4 2025$3.6B653Feb 10, 202613F-HRchanges · EDGAR ↗
Q3 2025$3.3B636Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$2.7B613Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$2.0B598May 9, 202513F-HRchanges · EDGAR ↗
Q4 2024$2.0B2,108Feb 11, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.3B1,903Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.3B1,922Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.3B1,809May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.2B1,551Feb 9, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.1B1,547Nov 9, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.1B1,497Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.2B1,490May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.2B1,450Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.1B1,439Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.2B1,485Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.5B1,499Apr 28, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.5B1,485Feb 7, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.3B1,490Oct 21, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.3B1,476Jul 29, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.2B1,560Apr 22, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.1B1,565Feb 9, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.0B1,574Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.1B1,566Aug 11, 202013F-HRchanges · EDGAR ↗
Q1 2020$831M1,600May 12, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.1B1,506Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.1B1,440Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.0B1,311Aug 2, 201913F-HRchanges · EDGAR ↗
Q1 2019$1.1B1,326May 13, 201913F-HRchanges · EDGAR ↗
Q4 2018$843M1,240Feb 12, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.