GFI Investment Counsel Ltd.
SEC Form 13F institutional filer · CIK 0001688774
13F-HR · 19 reported holdings · 2026-03-31
GFI Investment Counsel Ltd. is a registered investment advisor.
Reported long-US-equity value
$0.70B
Top-10 concentration
80.3%
GFI Investment Counsel Ltd. — $697M AUM allocation strategy
GFI Investment Counsel Ltd. files SEC Form 13F and reports $697M of long US equity value across 19 reported holdings for 2026-03-31.
Its largest sector bet is Financials 40.0%, followed by Industrials 21.3% and Consumer Discretionary 15.8%.
The top 10 holdings account for 80% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
GFI Investment Counsel Ltd. — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$697M
total across 19 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
80% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$AMZN +165K sh · +$34.4M+$GOOG +4.67K sh · −$624K+$AAPL +2.31K sh · −$787K
Biggest trims (shares)
−$OTIS −55.7K sh · −$66.9M−$V −48.8K sh · −$112M−$SHW −43.6K sh · −$75.7M
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Financial Exchanges & Data16.0%—
- Hotels, Resorts & Cruise Lines10.8%—
- Building Products8.8%—
- Transaction & Payment Processing Services8.4%—
- Consumer Finance8.2%—
- Systems Software7.6%—
- Insurance Brokers7.3%—
- Specialty Chemicals6.7%—
- Other holdings26.2%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $HLT | Hilton Worldwide Holdings Inc | 249K | $75.6M | -22.1K | 10.8% |
| $FERG | Ferguson Enterprises Inc | 263K | $61.3M | -24.9K | 8.8% |
| $MSCI | MSCI Inc | 109K | $58.8M | -9.22K | 8.4% |
| $V | Visa Inc | 194K | $58.7M | -48.8K | 8.4% |
| $AXP | American Express Company | 190K | $57.4M | -13.9K | 8.2% |
| $MSFT | Microsoft Corporation | 142K | $52.6M | -37.7K | 7.6% |
| $MCO | Moody's Corporation | 120K | $52.6M | -37.9K | 7.5% |
| $AON | Aon plc | 157K | $50.8M | -9.72K | 7.3% |
| $SHW | Sherwin-Williams Company | 145K | $46.4M | -43.6K | 6.7% |
| $ROP | Roper Technologies Inc | 128K | $45.2M | -9.4K | 6.5% |
…and 9 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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