SEC 13F Intelligence

Managers / Q1 2025 · view latest →

Baskin Financial Services Inc.

CIK 0001511098 · 95 ST. CLAIR AVENUE WEST, SUITE 900, TORONTO, A6, M4V 1N6 · 416-969-9540

Reported Value
$1.2B
Q1 2025
Positions
49
Filings on Record
30
2019–present window
Filed
Apr 28, 2025
original filing

Summary

Baskin Financial Services Inc. reported $1.2B in U.S.-listed holdings across 49 positions for Q1 2025.

Its largest position, AAPL, represents 6.0% of the portfolio.

Compared with Q4 2024, the fund opened 3 new positions and exited 3.

Portfolio Metrics

Turnover
+4.5%
vs prior filed quarter
Top-10 Concentration
+45.9%
share of reported value
Largest Position
+6.0%
Apple
New / Exited
3 / 3
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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
Q1 ’19: $539MQ1 ’19Q2 ’19: $587MQ3 ’19: $611MQ4 ’19: $681MQ1 ’20: $551MQ1 ’20Q2 ’20: $677MQ3 ’20: $1.6BQ4 ’20: $905MQ1 ’21: $969MQ1 ’21Q2 ’21: $1.1BQ3 ’21: $1.1BQ4 ’21: $1.3BQ1 ’22: $1.1BQ1 ’22Q2 ’22: $923MQ3 ’22: $836MQ4 ’22: $864MQ1 ’23: $952MQ1 ’23Q2 ’23: $1.0BQ3 ’23: $986MQ4 ’23: $1.1BQ1 ’24: $1.2BQ1 ’24Q2 ’24: $1.2BQ3 ’24: $1.2BQ4 ’24: $1.3BQ1 ’25: $1.2BQ1 ’25Q2 ’25: $1.3BQ3 ’25: $1.4BQ4 ’25: $1.3BQ1 ’26: $1.2BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 97.1%ETP: 2.1%REIT: 0.8%
  • Common Stock · 97.1% · $1.2B
  • ETP · 2.1% · $26M
  • REIT · 0.8% · $10M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FTSFortis Inc.NEW+7.5K7.5K+$342,000$342,000
VCITVanguard Intermediate-Term Corp Bond Index Fund ETFNEW+4.1K4.1K+$337,000$337,000
HEIHEICO CorporationNEW+750750+$200,000$200,000
VCSHVanguard Short-Term Corporate Bond ETFADDED+198.4K306.1K+$16M$24M
BMOBank of MontrealADDED+4.3K7.4K+$401,000$709,000
FNDFloor & Decor Holdings IncSOLD OUT−11.3K0−$1M$0
IVViShares S&P 500 Index U$SOLD OUT−3900−$230,000$0
BNSBank of Nova ScotiaSOLD OUT−3.8K0−$205,000$0

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

Holdings — Q1 2025

48 positions (from 49 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLApple Inc.history →CS5.97%$73M330.6K
2COSTCostco Wholesale Corporationhistory →CS5.19%$64M67.4K
3VVisa Inc. Cls Ahistory →CS4.99%$61M175.0K
4GOOGAlphabet Inc. Class CCS4.66%$57M367.1K
5WCNWaste Connections Inc C$history →CS4.63%$57M291.9K
6MSFTMicrosoft Corp.history →CS4.50%$55M147.6K
7NFLXNetflix Inchistory →CS4.14%$51M54.6K
8MCOMoody's Corphistory →CS4.03%$50M106.5K
9BNBrookfield Corporationhistory →CS3.91%$48M918.7K
10RACEFerrari N.V.history →CS3.85%$47M110.7K
11AMZNAmazon.com Inchistory →CS3.73%$46M241.0K
12BRK/BBerkshire Hathaway Bhistory →CS3.69%$45M85.2K
13CPRTCopart Inc.history →CS3.48%$43M756.4K
14LYVLive Nation Entertainment Inchistory →CS3.41%$42M321.6K
15FSVFirstService Corphistory →CS3.39%$42M251.8K
16SYKStryker Corphistory →CS3.39%$42M112.1K
17MSCIMSCI Inchistory →CS3.37%$41M73.3K
18DPZDomino's Pizza, Inc.history →CS2.96%$36M79.2K
19WSOWatsco Inc.history →CS2.79%$34M67.5K
20GRMNGarmin Ltdhistory →CS2.65%$33M149.9K
21TFI International Inc.CS2.60%$32M413.4K
22TDGTransDigm Group Inchistory →CS2.55%$31M22.6K
23CNQCanadian Natural Resourceshistory →CS2.51%$31M1.01M
24VCSHVanguard Short-Term Corporate Bond ETFhistory →CS1.96%$24M306.1K
25QSRRestaurant Brands Internationalhistory →CS1.85%$23M342.2K
26CSGPCoStar Group Inchistory →CS1.80%$22M279.6K
27ADBEAdobe Systems Inc.history →CS1.79%$22M57.5K
28METAMeta Platforms Inc.history →CS1.71%$21M36.5K
29BAMBrookfield Asset Management Ltdhistory →CS1.11%$14M281.0K
30BIPCBrookfield Infrast. Partners LP C$history →CS0.82%$10M337.7K
31PBAPembina Pipeline CorpCS0.60%$7M185.2K
32RYRoyal Bank of CanadaCS0.58%$7M62.9K
33AMTAmerican Tower CorpCS0.43%$5M24.4K
34GRTUFGranite Real Estate Investment TrustCS0.36%$4M95.3K
35TJXTJX Companies IncCS0.11%$1M11.1K
36BIPCBrookfield Infrastructure Corp Sub VTCS0.10%$1M34.6K
37MAMastercard Inc Class ACS0.06%$756,0001.4K
38BMOBank of MontrealCS0.06%$709,0007.4K
39QQQInvesco QQQ TrustCS0.04%$540,0001.2K
40ENBEnbridge Inc.CS0.03%$372,0008.4K
41JPMJP Morgan Chase & CoCS0.03%$372,0001.5K
42TDToronto Dominion BankCS0.03%$371,0006.2K
43FTSFortis Inc.CS0.03%$342,0007.5K
44VCITVanguard Intermediate-Term Corp Bond Index Fund ETFCS0.03%$337,0004.1K
45NVDANvidia CorpCS0.02%$263,0002.4K
46BNDVanguard Total Bond Market ETFCS0.02%$234,0003.2K
47BSVVanguard Short-Term Bond Index Fund ETFCS0.02%$231,0002.9K
48HEIHEICO CorporationCS0.02%$200,000750

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.2B53Apr 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.3B53Jan 27, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.4B52Oct 9, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.3B52Jul 24, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.2B49Apr 28, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.3B49Jan 24, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.2B50Oct 16, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.2B47Jul 24, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.2B50Apr 26, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.1B51Jan 23, 202413F-HRchanges · EDGAR ↗
Q3 2023$986M54Oct 17, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.0B54Jul 26, 202313F-HRchanges · EDGAR ↗
Q1 2023$952M55Apr 21, 202313F-HRchanges · EDGAR ↗
Q4 2022$864M55Jan 23, 202313F-HRchanges · EDGAR ↗
Q3 2022$836M54Oct 19, 202213F-HRchanges · EDGAR ↗
Q2 2022$923M56Jul 18, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.1B60Apr 19, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.3B61Jan 24, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.1B58Oct 26, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.1B60Jul 15, 202113F-HRchanges · EDGAR ↗
Q1 2021$969M54Apr 22, 202113F-HRchanges · EDGAR ↗
Q4 2020$905M52Jan 27, 202113F-HRchanges · EDGAR ↗
Q3 2020REVEALED$1.6B86Oct 26, 202013F-HRchanges · EDGAR ↗
Q2 2020$677M43Jul 24, 202013F-HRchanges · EDGAR ↗
Q1 2020$551M43Apr 28, 202013F-HRchanges · EDGAR ↗
Q4 2019$681M43Jan 30, 202013F-HRchanges · EDGAR ↗
Q3 2019$611M42Oct 17, 201913F-HRchanges · EDGAR ↗
Q2 2019$587M44Jul 24, 201913F-HRchanges · EDGAR ↗
Q1 2019$539M41Apr 15, 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 ↗.