Dixon Mitchell Investment Counsel Inc.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 12, 2024), Dixon Mitchell Investment Counsel Inc. reported 161 stock positions worth $2.0 billion. Its top holding was Alphabet Class A (GOOGL) at 6.9% of the portfolio, followed by Visa Class A (V, 5.8%) and Berkshire Hathaway Class B (BRK.B, 5.2%). Compared with Q1 2024, it opened 32 new positions, sold out of 56, added to 44 and reduced 40. The biggest buy was Ametek (AME, shares +51%) and the biggest sale CVS Health (CVS, shares −100%).

Most Recent 13F
Q2 2026
Location
VANCOUVER, A1
CIK
0001993485
Portfolio Value
$2.0B (Q2 2024)
SEC Filing
0001993485-24-000003 ↗ filed Jul 12, 2024

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $2.0B Q1 2024 Q2 2024: $2.0B $2.0B Q2 2024 Q3 2024: $2.2B Q3 2024 Q4 2024: $2.2B Q4 2024 Q1 2025: $2.2B Q1 2025 Q2 2025: $2.6B Q2 2025 Q3 2025: $2.8B Q3 2025 Q4 2025: $3.0B Q4 2025 Q1 2026: $2.9B Q1 2026 Q2 2026: $3.1B Q2 2026

Holdings 161 stocks · $2.0B
GOOGL Alphabet Inc. Class A 6.91% 753,141 $137.8M Reduce -0.2%
V Visa Inc. Class A 5.76% 435,960 $114.9M Add +0.7%
BRK.B Berkshire Hathaway Inc. Class B 5.22% 254,792 $104.1M Add +1.3%
ICE Intercontinental Exchange Inc. 4.62% 670,088 $92.1M Add +0.4%
MSFT Microsoft Corp. 4.41% 195,507 $87.9M Add +1.7%
RY Royal Bank of Canada 4.27% 798,106 $85.2M Add +1.6%
TFII Tfi International Inc. 3.93% 537,835 $78.4M Add +1.3%
TD Toronto-Dominion Bank 3.84% 1,389,924 $76.5M Add +0.1%
BN Brookfield Corp. 3.64% 1,742,374 $72.6M Add +0.6%
CNQ Canadian Natural Resources 3.32% 1,833,425 $66.1M Add +0.9%
AME Ametek Inc. 3.21% 381,623 $63.9M Add +50.6%
WPM Wheaton Precious Metals Corp. 3.04% 1,154,616 $60.6M Reduce -16.8%
CNI Canadian Natl Railway Co. 2.84% 479,077 $56.7M Add +0.8%
AMZN Amazon.com Inc. 2.80% 286,060 $55.9M Add +2.8%
LOW Lowe's Cos Inc. 2.80% 251,691 $55.7M Add +13.1%
MEOH Methanex Corp. 2.61% 1,075,320 $52.1M Add +0.8%
TMO Thermo Fisher Scientific Inc. 2.53% 90,936 $50.5M Reduce -0.8%
ROP Roper Technologies Inc. 2.45% 86,426 $48.9M Add +1.4%
TXN Texas Instruments Inc. 2.44% 248,864 $48.6M Reduce -0.7%
AAPL Apple Inc. 2.38% 224,290 $47.5M Add +1.7%
IEFA iShares Core MSCI Eafe ETF 2.25% 617,993 $44.9M Add +61.0%
TRI Thomson Reuters Corp. 1.87% 220,544 $37.2M Add +1.7%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 1.68% 732,127 $33.5M Reduce -1.0%
DHR Danaher Corp. 1.58% 124,752 $31.5M Add +2.3%
JPM JPMorgan Chase & Co. 1.41% 137,460 $28.1M Add +2.4%
CSL Carlisle Cos Inc. 1.38% 67,312 $27.6M Add +2.5%
CMCSA Comcast Corp. Class A 1.36% 685,542 $27.1M Add +2.4%
NFLX Netflix Inc. 1.35% 39,577 $27.0M Add +2.7%
MIDD Middleby Corp. 1.31% 211,275 $26.2M Add +40.9%
DPZ Domino's Pizza Inc. 1.24% 47,237 $24.6M Add +0.5%
ORCL Oracle Corp. 1.16% 162,183 $23.1M Add +3.0%
BIP Brookfield Infrastructure Pa 1.09% 789,899 $21.8M Add +3.1%
CP Canadian Pacific Kansas City 0.96% 241,590 $19.1M Add +3.9%
MA Mastercard Inc. Class A 0.80% 35,581 $15.9M Add +3.4%
HCA HCA Healthcare Inc. 0.79% 48,433 $15.7M Add +1.9%
BKNG Booking Holdings Inc. 0.76% 3,772 $15.1M Add +4.4%
ZTS Zoetis Inc. 0.72% 81,697 $14.3M Add +157009.6%
BLD Topbuild Corp. 0.69% 35,455 $13.8M Add +2.8%
MFC Manulife Financial Corp. 0.68% 509,478 $13.6M Add +3.0%
WCN Waste Connections Inc. 0.56% 63,210 $11.1M Add +1.7%
CIGI Colliers Intl GR-Subord Vot 0.45% 80,211 $9.0M No change
NTR Nutrien Ltd. 0.44% 170,724 $8.8M Add +2.9%
TFPM Triple Flag Precious Met 0.44% 563,989 $8.7M Reduce -27.2%
ATS Ats Corp. 0.39% 238,625 $7.7M Add +72.1%
DHI D.R. Horton Inc. 0.36% 49,732 $7.1M Add +2.1%
SPGI S&P Global Inc. 0.34% 15,162 $6.8M Reduce -0.4%
SHOP Shopify Inc. Class A 0.32% 95,313 $6.3M New
RCI Rogers Communications Inc. Class B 0.26% 140,076 $5.3M Add +0.1%
GOOG Alphabet Inc. Class C 0.07% 8,086 $1.5M Add +36.9%
QQQ Invesco QQQ Trust Series 1 0.03% 1,061 $509K No change
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.02% 4,099 $344K Reduce -23.9%
SU Suncor Energy Inc. 0.02% 8,032 $306K Add +0.6%
ARKK ARK Innovation ETF 0.01% 6,448 $283K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.01% 415 $227K No change
AGG iShares Core U.S. Aggregate 0.01% 2,232 $217K No change
VGK Vanguard Ftse Europe ETF 0.01% 2,800 $187K No change
WMT Walmart Inc. 0.01% 2,070 $140K Reduce -8.6%
OEF iShares S&P 100 ETF 0.01% 450 $119K No change
TRP TC Energy Corp. 0.01% 3,074 $119K Add +0.9%
BTE Baytex Energy Corp. 0.01% 31,900 $111K No change
CVS CVS Health Corp. 0.01% 1,797 $106K Reduce -99.7%
IJH iShares Core S&P Midcap ETF 0.01% 1,750 $102K No change
KO The Coca-Cola Co. 0.00% 1,521 $98K No change
WFG West Fraser Timber Co. Ltd. 0.00% 1,189 $92K No change
GS Goldman Sachs Group Inc. 0.00% 200 $90K No change
IVV iShares Core S&P 500 ETF 0.00% 141 $77K No change
BCE Bce Inc. 0.00% 2,123 $70K Reduce -71.1%
GPC Genuine Parts Co. 0.00% 500 $70K No change
INDA iShares MSCI India ETF 0.00% 1,100 $61K No change
FTS Fortis Inc. 0.00% 1,518 $59K Add +0.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.00% 325 $56K Reduce -23.5%
BSV Vanguard Short-Term Bond ETF 0.00% 707 $54K No change
GRP.U Granite Real Estate Investme 0.00% 1,000 $50K Reduce -2.1%
MRK Merck & Co. Inc. 0.00% 400 $50K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.00% 270 $50K Reduce -10.0%
VYM Vanguard High DVD Yield ETF 0.00% 360 $43K No change
VEU Vanguard Ftse All-World Ex-U 0.00% 710 $42K Reduce -11.3%
VRN Veren Inc. 0.00% 4,509 $36K Reduce -8.3%
LSPD Lightspeed Commerce Inc. 0.00% 2,500 $34K No change
NVDA Nvidia Corp. 0.00% 253 $31K New
SBUX Starbucks Corp. 0.00% 400 $31K Reduce -20.0%
GIL Gildan Activewear Inc. 0.00% 709 $27K Reduce -68.6%
FTV Fortive Corp. 0.00% 361 $27K Reduce -43.4%
VHT Vanguard Health Care ETF 0.00% 100 $27K No change
VCR Vanguard Consumer Discre ETF 0.00% 85 $27K No change
T AT&T Inc. 0.00% 1,300 $25K No change
GBTC Grayscale Bitcoin Trust ETF 0.00% 425 $23K No change
VFH Vanguard Financials ETF 0.00% 200 $20K No change
GIB Cgi Inc. 0.00% 200 $20K Reduce -27.5%
VZ Verizon Communications Inc. 0.00% 475 $20K Reduce -17.4%
CAE Cae Inc. 0.00% 1,000 $19K No change
NVO Novo-Nordisk A/S-Spons ADR 0.00% 130 $19K Reduce -35.0%
PFE Pfizer Inc. 0.00% 660 $18K No change
OTEX Open Text Corp. 0.00% 598 $18K No change
CCJ Cameco Corp. 0.00% 350 $17K No change
ENB Enbridge Inc. 0.00% 466 $17K Reduce -61.1%
PBA Pembina Pipeline Corp. 0.00% 440 $16K Reduce -36.3%
COST Costco Wholesale Corp. 0.00% 19 $16K New
INTC Intel Corp. 0.00% 515 $16K Reduce -37.2%
TU Telus Corp. 0.00% 980 $16K Reduce -77.5%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.00% 50 $16K No change
NVEI Nuvei Corp.-Subordinate VTG 0.00% 455 $15K Reduce -100.0%
BEP Brookfield Renewable Partner 0.00% 525 $13K Reduce -60.3%
GE General Electric filed as GE AEROSPACE 0.00% 75 $12K No change
SAP Sap SE-Sponsored ADR 0.00% 59 $12K New
WFC Wells Fargo & Co. 0.00% 200 $12K No change
LW Lamb Weston Holdings Inc. 0.00% 125 $11K No change
AQST Aquestive Therapeutics Inc. 0.00% 4,000 $10K No change
ING ING Groep N.V.-Sponsored ADR 0.00% 600 $10K New
MCD McDonald's Corp. 0.00% 39 $10K Reduce -61.0%
EMR Emerson Electric Co. 0.00% 87 $10K Reduce -9.4%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.00% 35 $9K No change
UNH Unitedhealth Group Inc. 0.00% 17 $9K Add +88.9%
AXP American Express Co. 0.00% 35 $8K New
PEP Pepsico Inc. 0.00% 48 $8K New
YUMC Yum China Holdings Inc. 0.00% 231 $7K No change
JNJ Johnson & Johnson 0.00% 46 $7K New
BIPC Brookfield Infrastructure-A 0.00% 199 $7K Reduce -49.1%
SGOV iShares 0-3 Month Treasury B 0.00% 63 $6K New
DUK Duke Energy Corp. 0.00% 60 $6K New
AQN Algonquin Power & Utilities 0.00% 1,000 $6K No change
RTX RTX Corp. 0.00% 50 $5K Reduce -50.0%
SNY Sanofi-ADR 0.00% 100 $5K New
ARKG ARK Genomic Revolution ETF 0.00% 170 $4K No change
DEO Diageo PLC-Sponsored ADR 0.00% 28 $4K New
META Meta Platforms Inc. Class A 0.00% 7 $4K Reduce -70.8%
ADBE Adobe Inc. 0.00% 6 $3K New
GEV GE Vernova Inc. 0.00% 18 $3K No change
NKE Nike Inc. Class B 0.00% 40 $3K New
NGG National Grid PLC-SP ADR 0.00% 50 $3K New
BTG B2GOLD Corp. 0.00% 1,000 $3K Reduce -81.7%
PLD Prologis Inc. 0.00% 22 $2K New
TSM Taiwan Semiconductor-SP ADR 0.00% 14 $2K New
ACN Accenture PLC Class A 0.00% 8 $2K Reduce -97.7%
HD Home Depot Inc. 0.00% 7 $2K New
BLK BlackRock Finance Inc. 0.00% 3 $2K New
RELX Relx PLC - Spon ADR 0.00% 51 $2K New
BAM Brookfield Asset Mgmt-A 0.00% 61 $2K Reduce -79.9%
IBN Icici Bank Ltd.-Spon ADR 0.00% 80 $2K New
WBD Warner Bros Discovery Inc. 0.00% 289 $2K No change
AZN Astrazeneca PLC-Spons ADR 0.00% 27 $2K New
GEHC GE Healthcare Technology 0.00% 27 $2K No change
AON Aon PLC Class A 0.00% 7 $2K New
ASML ASML Holding NV-NY Reg SHS 0.00% 2 $2K New
GEN Gen Digital Inc. 0.00% 80 $2K No change
MDT Medtronic PLC 0.00% 23 $2K Reduce -54.0%
NVS Novartis AG-Sponsored ADR 0.00% 16 $2K New
BAX Baxter International Inc. 0.00% 50 $2K New
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.00% 17 $2K No change
POET Poet Technologies Inc. 0.00% 720 $1K No change
LH Labcorp Holdings Inc. 0.00% 7 $1K New
SONY Sony Group Corp. - SP ADR 0.00% 16 $1K New
IHG Intercontinental Hotels-ADR 0.00% 12 $1K New
HDB HDFC Bank Ltd.-ADR 0.00% 17 $1K New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.00% 11 $1K Reduce -92.7%
MOGO INC 0.00% 713 $1K No change
UL Unilever PLC 0.00% 19 $1K New
NICE Nice Ltd. - Spon ADR 0.00% 6 $1K Reduce -81.3%
SKM SK Telecom Co. Ltd.-Spon ADR 0.00% 43 $900 New
VLTO Veralto Corp. 0.00% 9 $860 Reduce -72.7%
VTRS Viatris Inc. 0.00% 68 $723 No change

Portfolio Sells Q1 2024 → Q2 2024
CVS CVS Health Corp. Reduce -99.7% 0.01% −2.75
NVEI Nuvei Corp.-Subordinate VTG Reduce -100.0% 0.00% −2.13
BNS Bank of Nova Scotia Reduce -1.0% 1.68% −0.23
WPM Wheaton Precious Metals Corp. Reduce -16.8% 3.04% −0.22
TMO Thermo Fisher Scientific Inc. Reduce -0.8% 2.53% −0.12
TFPM Triple Flag Precious Met Reduce -27.2% 0.44% −0.12
CVE Cenovus Energy Inc. Sold out 0.00% −0.04
BCE Bce Inc. Reduce -71.1% 0.00% −0.01
BMO Bank of Montreal Reduce -23.9% 0.02% −0.01
ACN Accenture PLC Class A Reduce -97.7% 0.00% −0.01
SLF Sun Life Financial Inc. Sold out 0.00% −0.00
QSR Restaurant Brands Intern Sold out 0.00% −0.00
CVX Chevron Corp. Sold out 0.00% −0.00
GIL Gildan Activewear Inc. Reduce -68.6% 0.00% −0.00
TU Telus Corp. Reduce -77.5% 0.00% −0.00
TJX TJX Companies Inc. Sold out 0.00% −0.00
AG First Majestic Silver Corp. Sold out 0.00% −0.00
MGA Magna International Inc. Sold out 0.00% −0.00
XPO Xpo Inc. Sold out 0.00% −0.00
AFL Aflac Inc. Sold out 0.00% −0.00
MRSH Marsh & McLennan Cos Sold out 0.00% −0.00
FTV Fortive Corp. Reduce -43.4% 0.00% −0.00
ENB Enbridge Inc. Reduce -61.1% 0.00% −0.00
FSLR First Solar Inc. Sold out 0.00% −0.00
TT Trane Technologies PLC Sold out 0.00% −0.00
IBM Intl Business Machines Corp. Reduce -23.5% 0.00% −0.00
INTC Intel Corp. Reduce -37.2% 0.00% −0.00
JLL Jones Lang Lasalle Inc. Sold out 0.00% −0.00
SILV Silvercrest Metals Inc. Sold out 0.00% −0.00
DJT Trump Media & Technology Gro Sold out 0.00% −0.00
DIS The Walt Disney Co. Reduce -92.7% 0.00% −0.00
FSM Fortuna Silver Mines Inc. Sold out 0.00% −0.00
MCD McDonald's Corp. Reduce -61.0% 0.00% −0.00
BEP Brookfield Renewable Partner Reduce -60.3% 0.00% −0.00
JCI Johnson Controls Internation Sold out 0.00% −0.00
GXO Gxo Logistics Inc. Sold out 0.00% −0.00
AVT Avnet Inc. Sold out 0.00% −0.00
KGC Kinross Gold Corp. Sold out 0.00% −0.00
SBUX Starbucks Corp. Reduce -20.0% 0.00% −0.00
BDX Becton Dickinson and Co. Sold out 0.00% −0.00
BTG B2GOLD Corp. Reduce -81.7% 0.00% −0.00
RHI Robert Half Inc. Sold out 0.00% −0.00
WLY Wiley (john) & Sons Class A Sold out 0.00% −0.00
BAM Brookfield Asset Mgmt-A Reduce -79.9% 0.00% −0.00
GIB Cgi Inc. Reduce -27.5% 0.00% −0.00
NEE Nextera Energy Inc. Sold out 0.00% −0.00
XYL Xylem Inc. Sold out 0.00% −0.00
NVT Nvent Electric PLC Sold out 0.00% −0.00
BAC Bank of America Corp. Sold out 0.00% −0.00
BIPC Brookfield Infrastructure-A Reduce -49.1% 0.00% −0.00

Portfolio Buys Q1 2024 → Q2 2024
AME Ametek Inc. Add +50.6% 3.21% +0.90
IEFA iShares Core MSCI Eafe ETF Add +61.0% 2.25% +0.83
ZTS Zoetis Inc. Add +157009.6% 0.72% +0.72
AAPL Apple Inc. Add +1.7% 2.38% +0.50
MSFT Microsoft Corp. Add +1.7% 4.41% +0.38
RY Royal Bank of Canada Add +1.6% 4.27% +0.32
SHOP Shopify Inc. Class A New 0.32% +0.32
AMZN Amazon.com Inc. Add +2.8% 2.80% +0.30
MEOH Methanex Corp. Add +0.8% 2.61% +0.24
NFLX Netflix Inc. Add +2.7% 1.35% +0.19
TRI Thomson Reuters Corp. Add +1.7% 1.87% +0.19
ORCL Oracle Corp. Add +3.0% 1.16% +0.18
ATS Ats Corp. Add +72.1% 0.39% +0.15
MIDD Middleby Corp. Add +40.9% 1.31% +0.11
BKNG Booking Holdings Inc. Add +4.4% 0.76% +0.10
CSL Carlisle Cos Inc. Add +2.5% 1.38% +0.10
ROP Roper Technologies Inc. Add +1.4% 2.45% +0.07
DPZ Domino's Pizza Inc. Add +0.5% 1.24% +0.07
JPM JPMorgan Chase & Co. Add +2.4% 1.41% +0.07
MFC Manulife Financial Corp. Add +3.0% 0.68% +0.07
DHR Danaher Corp. Add +2.3% 1.58% +0.06
ICE Intercontinental Exchange Inc. Add +0.4% 4.62% +0.04
BN Brookfield Corp. Add +0.6% 3.64% +0.03
GOOG Alphabet Inc. Class C Add +36.9% 0.07% +0.03
WCN Waste Connections Inc. Add +1.7% 0.56% +0.03
NVDA Nvidia Corp. New 0.00% +0.00
COST Costco Wholesale Corp. New 0.00% +0.00
SU Suncor Energy Inc. Add +0.6% 0.02% +0.00
SAP Sap SE-Sponsored ADR New 0.00% +0.00
ING ING Groep N.V.-Sponsored ADR New 0.00% +0.00
AXP American Express Co. New 0.00% +0.00
PEP Pepsico Inc. New 0.00% +0.00
DUK Duke Energy Corp. New 0.00% +0.00
SGOV iShares 0-3 Month Treasury B New 0.00% +0.00
JNJ Johnson & Johnson New 0.00% +0.00
ADBE Adobe Inc. New 0.00% +0.00
DEO Diageo PLC-Sponsored ADR New 0.00% +0.00
NKE Nike Inc. Class B New 0.00% +0.00
SNY Sanofi-ADR New 0.00% +0.00
UNH Unitedhealth Group Inc. Add +88.9% 0.00% +0.00
AZN Astrazeneca PLC-Spons ADR New 0.00% +0.00
BAX Baxter International Inc. New 0.00% +0.00
BLK BlackRock Finance Inc. New 0.00% +0.00
HDB HDFC Bank Ltd.-ADR New 0.00% +0.00
HD Home Depot Inc. New 0.00% +0.00
IBN Icici Bank Ltd.-Spon ADR New 0.00% +0.00
IHG Intercontinental Hotels-ADR New 0.00% +0.00
LH Labcorp Holdings Inc. New 0.00% +0.00
NGG National Grid PLC-SP ADR New 0.00% +0.00
NVS Novartis AG-Sponsored ADR New 0.00% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 144$3.1BTD, RY, GOOGL, V, BRK.B
Q1 2026 140$2.9BIEFA, TD, RY, MSFT, GOOGL
Q4 2025 145$3.0BIEFA, GOOGL, MSFT, TD, RY
Q3 2025 75$2.8BIEFA, MSFT, GOOGL, TD, RY
Q2 2025 70$2.6BIEFA, MSFT, V, TD, ICE
Q1 2025 103$2.2BIEFA, V, ICE, BRK.B, MSFT
Q4 2024 115$2.2BGOOGL, V, ICE, BRK.B, RY
Q3 2024 91$2.2BGOOGL, V, ICE, BRK.B, RY
Q2 2024 161$2.0BGOOGL, V, BRK.B, ICE, MSFT
Q1 2024 184$2.0BV, GOOGL, BRK.B, ICE, TFII