Dixon Mitchell Investment Counsel Inc.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 13, 2026), Dixon Mitchell Investment Counsel Inc. reported 144 stock positions worth $3.1 billion. Its top holding was Toronto-Dominion Bank (TD) at 6.3% of the portfolio, followed by Royal Bank of Canada (RY, 5.8%) and Alphabet Class A (GOOGL, 4.7%). Compared with Q1 2026, it opened 10 new positions, sold out of 7, added to 40 and reduced 76. The biggest buy was Toronto-Dominion Bank (TD, shares +6%) and the biggest sale iShares Core MSCI Eafe ETF (IEFA, shares −55%).

Most Recent 13F
Q2 2026
Location
VANCOUVER, A1
CIK
0001993485
Portfolio Value
$3.1B (Q2 2026)
SEC Filing
0001993485-26-000004 ↗ filed Aug 13, 2026

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $2.0B Q1 2024 Q2 2024: $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 $3.1B Q2 2026

Holdings 144 stocks · $3.1B

TD Toronto-Dominion Bank 6.29% 1,591,641 $193.5M Add +6.2%
RY Royal Bank of Canada 5.80% 861,023 $178.3M Add +6.0%
GOOGL Alphabet Inc. Class A 4.67% 400,684 $143.5M Reduce -8.9%
V Visa Inc. Class A 4.48% 401,205 $137.8M Add +5.0%
BRK.B Berkshire Hathaway Inc. Class B 4.36% 267,762 $134.1M Add +22.6%
MSFT Microsoft Corp. 4.31% 355,109 $132.6M Add +3.4%
TFII Tfi International Inc. 3.90% 833,692 $120.0M Reduce -5.8%
TMO Thermo Fisher Scientific Inc. 3.63% 222,498 $111.7M Add +6.7%
WPM Wheaton Precious Metals Corp. 3.58% 978,187 $110.1M Add +5.3%
IEFA iShares Core MSCI Eafe ETF 3.49% 1,112,546 $107.4M Reduce -55.1%
AME Ametek Inc. 3.25% 413,030 $99.9M Add +3.3%
BIP Brookfield Infrastructure Pa 2.97% 2,502,674 $91.4M Add +4.5%
ICE Intercontinental Exchange Inc. 2.93% 732,247 $90.2M Add +4.5%
MEOH Methanex Corp. 2.88% 1,917,382 $88.5M Reduce -1.7%
BN Brookfield Corp. 2.83% 2,038,905 $87.0M Add +0.6%
TXN Texas Instruments Inc. 2.51% 258,730 $77.2M Add +1.4%
HEI Heico Corp. 2.44% 210,971 $75.1M Add +4.7%
CNQ Canadian Natural Resources 2.41% 1,854,339 $74.2M Add +8.9%
AMZN Amazon.com Inc. 2.29% 295,677 $70.5M Add +0.1%
BGSI Boyd Group Services Inc. 2.24% 726,545 $68.9M Add +18.6%
SPOT Spotify Technology SA 2.09% 139,646 $64.1M Add +24.6%
DPZ Domino's Pizza Inc. 1.97% 204,298 $60.5M Add +54.8%
CNI Canadian Natl Railway Co. 1.92% 494,412 $59.0M Add +10.3%
ROP Roper Technologies Inc. 1.66% 150,754 $51.0M Add +3.0%
META Meta Platforms Inc. Class A 1.40% 76,662 $43.2M Add +18.4%
TFPM Triple Flag Precious Met 1.24% 1,276,890 $38.2M Add +3.3%
UBER Uber Technologies Inc. 1.20% 509,439 $36.8M Add +44.5%
DHR Danaher Corp. 1.16% 186,233 $35.6M Add +0.5%
CSL Carlisle Cos Inc. 1.05% 89,063 $32.3M Add +0.5%
FTNT Fortinet Inc. 1.02% 203,938 $31.3M Reduce -39.6%
JPM JPMorgan Chase & Co. 0.96% 89,984 $29.5M Add +0.1%
HCA HCA Healthcare Inc. 0.96% 75,600 $29.5M Add +0.6%
NFLX Netflix Inc. 0.92% 397,083 $28.4M Add +0.2%
TRI Thomson Reuters Corp. 0.85% 320,163 $26.1M Add +7.3%
CDNS Cadence Design SYS Inc. 0.83% 68,177 $25.6M Add +1.0%
DSGX The Descartes Systems Grp 0.79% 351,850 $24.4M Add +3.4%
LOW Lowe's Cos Inc. 0.76% 106,145 $23.5M Reduce -49.7%
CP Canadian Pacific Kansas City 0.61% 216,511 $18.8M Reduce -0.9%
MELI MercadoLibre Inc. 0.60% 10,910 $18.5M Add +31.4%
WCN Waste Connections Inc. 0.59% 108,357 $18.1M Reduce -1.3%
APP AppLovin Corp. Class A 0.49% 29,431 $15.2M New
SE Sea Ltd.-ADR 0.47% 151,130 $14.5M Add +104.2%
MA Mastercard Inc. Class A 0.40% 24,142 $12.4M Add +0.5%
GMAB Genmab A/S -SP ADR 0.37% 416,000 $11.4M New
HDB HDFC Bank Ltd.-ADR 0.36% 434,000 $11.2M Add +65.0%
PAC Grupo Aeroportuario Pac-ADR 0.35% 42,500 $10.8M Add +87.2%
NVS Novartis AG-Sponsored ADR 0.34% 66,500 $10.4M New
CERT Certara Inc. 0.33% 1,545,956 $10.1M Add +0.5%
APG Api Group Corp. 0.32% 232,387 $9.8M New
UL Unilever PLC-Sponsored ADR 0.31% 160,400 $9.6M New
SHOP Shopify Inc. Class A 0.30% 80,186 $9.2M Reduce -0.7%
IBN Icici Bank Ltd.-Spon ADR 0.29% 303,500 $8.8M Add +85.1%
CIGI Colliers Intl GR-Subord Vot 0.24% 79,011 $7.4M No change
UBS UBS Group AG-Reg 0.24% 146,000 $7.2M New
RIO Rio Tinto PLC-Spon ADR 0.22% 72,200 $6.9M Add +184.3%
ATS Ats Corp. 0.20% 211,025 $6.1M No change
EQNR Equinor ASA-Spon ADR 0.10% 101,900 $3.2M New
SHEL Shell PLC-ADR 0.10% 40,700 $3.2M New
PBR Petroleo Brasileiro-Spon ADR 0.10% 191,000 $3.1M New
TTE Totalenergies SE 0.10% 38,000 $3.0M New
MU Micron Technology Inc. 0.05% 1,227 $1.4M Reduce -33.4%
AGG iShares Core U.S. Aggregate 0.05% 14,277 $1.4M Reduce -13.5%
GOOG Alphabet Inc. Class C 0.03% 2,905 $1.0M Reduce -16.8%
SPY SS SPDR S&P 500 ETF Trust-US 0.03% 1,174 $879K Reduce -24.4%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA B C 0.02% 7,004 $653K Reduce -19.3%
INTC Intel Corp. 0.02% 3,351 $468K Reduce -33.3%
BMO Bank of Montreal filed as BANK MONTREAL MEDIUM 0.01% 2,409 $426K Reduce -33.3%
AVGO Broadcom Inc. 0.01% 981 $371K Reduce -33.3%
SLF Sun Life Financial Inc. 0.01% 4,629 $363K Reduce -12.7%
MFC Manulife Financial Corp. 0.01% 8,125 $346K Reduce -23.2%
LLY Eli Lilly & Co. 0.01% 273 $327K Reduce -33.1%
AMD Advanced Micro Devices 0.01% 537 $312K Reduce -33.5%
AEM Agnico Eagle Mines Ltd. 0.01% 1,965 $305K Reduce -33.4%
ENB Enbridge Inc. 0.01% 5,250 $294K Reduce -32.9%
TRP TC Energy Corp. 0.01% 4,029 $269K Reduce -33.3%
NVDA Nvidia Corp. 0.01% 1,308 $262K Reduce -33.3%
GEV GE Vernova Inc. 0.01% 201 $236K Reduce -33.0%
FHN First Horizon Corp. 0.01% 8,940 $231K Reduce -33.3%
MDB Mongodb Inc. 0.01% 681 $229K Reduce -33.4%
KGC Kinross Gold Corp. 0.01% 9,237 $219K Reduce -33.3%
SU Suncor Energy Inc. 0.01% 3,345 $180K Reduce -33.4%
NTR Nutrien Ltd. 0.01% 2,717 $172K Reduce -24.9%
AAPL Apple Inc. 0.01% 357 $169K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.01% 1,584 $154K Reduce -33.3%
AZN Astrazeneca PLC 0.01% 804 $152K Reduce -33.3%
UNH Unitedhealth Group Inc. 0.00% 357 $148K Reduce -33.1%
WMS Advanced Drainage Systems Inc. 0.00% 942 $148K Reduce -33.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.00% 969 $147K Reduce -33.4%
COF Capital One Financial Corp. 0.00% 729 $146K Reduce -33.4%
SGOV iShares 0-3 Month Treasury B 0.00% 1,436 $145K No change
ORCL Oracle Corp. 0.00% 211 $127K No change
TECK Teck Resources Ltd.-CLS B 0.00% 2,103 $125K Reduce -33.4%
EXE Expand Energy Corp. 0.00% 1,365 $124K Reduce -33.3%
TTWO Take-Two Interactive Softwre 0.00% 471 $118K Reduce -33.2%
OEF iShares S&P 100 ETF 0.00% 318 $116K Reduce -20.3%
PBA Pembina Pipeline Corp. 0.00% 2,505 $116K Reduce -33.3%
CCJ Cameco Corp. 0.00% 1,098 $112K Reduce -33.3%
RRX Regal Rexnord Corp. 0.00% 465 $111K Reduce -33.5%
ALC Alcon Inc. filed as ALCON AG 0.00% 1,653 $111K Reduce -33.4%
TMUS T-Mobile US Inc. 0.00% 651 $109K Reduce -33.4%
BIO Bio-Rad Laboratories-A 0.00% 366 $107K Reduce -33.3%
MRSH Marsh & McLennan Cos 0.00% 633 $106K Reduce -33.2%
ACM Aecom 0.00% 1,479 $103K Reduce -33.4%
PH Parker Hannifin Corp. 0.00% 105 $103K Reduce -34.0%
FTS Fortis Inc. 0.00% 1,761 $101K Reduce -33.3%
IR Ingersoll-Rand Inc. 0.00% 1,230 $101K Reduce -33.3%
SLB SLB Ltd. filed as SLB LIMITED 0.00% 2,139 $100K Reduce -33.4%
APO Apollo Global Management Inc. 0.00% 741 $88K Reduce -33.4%
RIVN Rivian Automotive Inc. Class A 0.00% 4,956 $86K Reduce -33.3%
DVN Devon Energy Corp. 0.00% 2,019 $83K Reduce -33.3%
PGR Progressive Corp. 0.00% 378 $83K Reduce -33.3%
QQQ Invesco QQQ Trust Series 1 0.00% 109 $80K No change
APTV Aptiv PLC 0.00% 1,293 $79K Reduce -33.4%
GIB Cgi Inc. 0.00% 1,212 $78K Reduce -33.3%
IJH iShares Core S&P Midcap ETF 0.00% 875 $67K Reduce -50.0%
ADSK Autodesk Inc. 0.00% 333 $65K Reduce -33.1%
NOW ServiceNow Inc. 0.00% 639 $63K Reduce -33.4%
CMS CMS Energy Corp. 0.00% 795 $61K Reduce -33.4%
BCE Bce Inc. 0.00% 2,775 $61K Reduce -33.4%
LIN Linde PLC 0.00% 111 $58K Reduce -32.7%
MAS Masco Corp. 0.00% 699 $57K Reduce -33.4%
BSV Vanguard Short-Term Bond ETF 0.00% 707 $55K No change
DT Dynatrace Inc. 0.00% 1,251 $55K Reduce -33.4%
PINS Pinterest Inc. Class A 0.00% 2,190 $46K Reduce -33.3%
KO The Coca-Cola Co. 0.00% 512 $42K No change
MSA Msa Safety Inc. 0.00% 237 $41K Reduce -33.0%
ONT Onterris Inc. 0.00% 2,022 $41K Reduce -33.3%
BLD Topbuild Corp. 0.00% 7 $34K Reduce -100.0%
MIDD Middleby Corp. 0.00% 40 $29K Reduce -91.8%
GIL Gildan Activewear Inc. 0.00% 322 $28K No change
LSPD Lightspeed Commerce Inc. 0.00% 2,500 $26K No change
CMCSA Comcast Corp. Class A 0.00% 129 $22K Reduce -74.0%
GBTC Grayscale Bitcoin Trust ETF 0.00% 425 $19K No change
VGNT Versigent PLC 0.00% 429 $18K Reduce -33.6%
SPGI S&P Global Inc. 0.00% 3 $15K No change
RCI Rogers Communications Inc. Class B 0.00% 175 $10K No change
ARKK ARK Innovation ETF 0.00% 127 $10K No change
MICC The Magnum Ice Cream Co. NV 0.00% 405 $7K Reduce -33.2%
OTEX Open Text Corp. 0.00% 145 $3K No change
TU Telus Corp. 0.00% 273 $3K Add +2.3%
BTC Grayscale Bitcoin Mini ETF 0.00% 85 $2K No change
ZTS Zoetis Inc. 0.00% 18 $1K Reduce -96.4%
VSNT Versant Media Group Inc. 0.00% 19 $684 No change
ORIO Orion Digital Corp. 0.00% 713 $623 No change

Portfolio Sells Q1 2026 → Q2 2026

IEFA iShares Core MSCI Eafe ETF Reduce -55.1% 3.49% −4.30
MEOH Methanex Corp. Reduce -1.7% 2.88% −1.15
LOW Lowe's Cos Inc. Reduce -49.7% 0.76% −0.97
ACWX iShares MSCI Acwi Ex US ETF Sold out 0.00% −0.61
BLD Topbuild Corp. Reduce -100.0% 0.00% −0.25
SHOP Shopify Inc. Class A Reduce -0.7% 0.30% −0.03
WCN Waste Connections Inc. Reduce -1.3% 0.59% −0.03
AGG iShares Core U.S. Aggregate Reduce -13.5% 0.05% −0.01
AEM Agnico Eagle Mines Ltd. Reduce -33.4% 0.01% −0.01
BKNG Booking Holdings Inc. Sold out 0.00% −0.01
KGC Kinross Gold Corp. Reduce -33.3% 0.01% −0.01
SPY SS SPDR S&P 500 ETF Trust-US Reduce -24.4% 0.03% −0.01
SU Suncor Energy Inc. Reduce -33.4% 0.01% −0.01
ENB Enbridge Inc. Reduce -32.9% 0.01% −0.01
TRP TC Energy Corp. Reduce -33.3% 0.01% −0.00
NTR Nutrien Ltd. Reduce -24.9% 0.01% −0.00
AVGO Broadcom Inc. Reduce -33.3% 0.01% −0.00
EXE Expand Energy Corp. Reduce -33.3% 0.00% −0.00
TMUS T-Mobile US Inc. Reduce -33.4% 0.00% −0.00
NVDA Nvidia Corp. Reduce -33.3% 0.01% −0.00
TJX TJX Companies Inc. Reduce -33.4% 0.00% −0.00
AZN Astrazeneca PLC Reduce -33.3% 0.01% −0.00
ACM Aecom Reduce -33.4% 0.00% −0.00
FHN First Horizon Corp. Reduce -33.3% 0.01% −0.00
BMO Bank of Montreal Reduce -33.3% 0.01% −0.00
DIS The Walt Disney Co. Reduce -33.3% 0.01% −0.00
ALC Alcon Inc. Reduce -33.4% 0.00% −0.00
CCJ Cameco Corp. Reduce -33.3% 0.00% −0.00
DVN Devon Energy Corp. Reduce -33.3% 0.00% −0.00
SLB SLB Ltd. Reduce -33.4% 0.00% −0.00
LLY Eli Lilly & Co. Reduce -33.1% 0.01% −0.00
MRSH Marsh & McLennan Cos Reduce -33.2% 0.00% −0.00
COF Capital One Financial Corp. Reduce -33.4% 0.00% −0.00
GIB Cgi Inc. Reduce -33.3% 0.00% −0.00
PBA Pembina Pipeline Corp. Reduce -33.3% 0.00% −0.00
APTV Aptiv PLC Reduce -33.4% 0.00% −0.00
ADSK Autodesk Inc. Reduce -33.1% 0.00% −0.00
ZTS Zoetis Inc. Reduce -96.4% 0.00% −0.00
WMS Advanced Drainage Systems Inc. Reduce -33.3% 0.00% −0.00
IR Ingersoll-Rand Inc. Reduce -33.3% 0.00% −0.00
IJH iShares Core S&P Midcap ETF Reduce -50.0% 0.00% −0.00
MFC Manulife Financial Corp. Reduce -23.2% 0.01% −0.00
MIDD Middleby Corp. Reduce -91.8% 0.00% −0.00
BIO Bio-Rad Laboratories-A Reduce -33.3% 0.00% −0.00
FTS Fortis Inc. Reduce -33.3% 0.00% −0.00
BCE Bce Inc. Reduce -33.4% 0.00% −0.00
PH Parker Hannifin Corp. Reduce -34.0% 0.00% −0.00
TECK Teck Resources Ltd.-CLS B Reduce -33.4% 0.00% −0.00
GOOG Alphabet Inc. Class C Reduce -16.8% 0.03% −0.00
APO Apollo Global Management Inc. Reduce -33.4% 0.00% −0.00

Portfolio Buys Q1 2026 → Q2 2026

TD Toronto-Dominion Bank Add +6.2% 6.29% +1.45
RY Royal Bank of Canada Add +6.0% 5.80% +1.25
TXN Texas Instruments Inc. Add +1.4% 2.51% +0.79
BRK.B Berkshire Hathaway Inc. Class B Add +22.6% 4.36% +0.72
HEI Heico Corp. Add +4.7% 2.44% +0.52
APP AppLovin Corp. Class A New 0.49% +0.49
V Visa Inc. Class A Add +5.0% 4.48% +0.46
GMAB Genmab A/S -SP ADR New 0.37% +0.37
NVS Novartis AG-Sponsored ADR New 0.34% +0.34
DPZ Domino's Pizza Inc. Add +54.8% 1.97% +0.32
APG Api Group Corp. New 0.32% +0.32
CNI Canadian Natl Railway Co. Add +10.3% 1.92% +0.32
UBER Uber Technologies Inc. Add +44.5% 1.20% +0.31
UL Unilever PLC-Sponsored ADR New 0.31% +0.31
AME Ametek Inc. Add +3.3% 3.25% +0.27
SE Sea Ltd.-ADR Add +104.2% 0.47% +0.26
UBS UBS Group AG-Reg New 0.24% +0.24
SPOT Spotify Technology SA Add +24.6% 2.09% +0.20
CDNS Cadence Design SYS Inc. Add +1.0% 0.83% +0.18
PAC Grupo Aeroportuario Pac-ADR Add +87.2% 0.35% +0.16
AMZN Amazon.com Inc. Add +0.1% 2.29% +0.15
RIO Rio Tinto PLC-Spon ADR Add +184.3% 0.22% +0.14
IBN Icici Bank Ltd.-Spon ADR Add +85.1% 0.29% +0.14
HDB HDFC Bank Ltd.-ADR Add +65.0% 0.36% +0.14
META Meta Platforms Inc. Class A Add +18.4% 1.40% +0.12
EQNR Equinor ASA-Spon ADR New 0.10% +0.10
MELI MercadoLibre Inc. Add +31.4% 0.60% +0.10
SHEL Shell PLC-ADR New 0.10% +0.10
PBR Petroleo Brasileiro-Spon ADR New 0.10% +0.10
TTE Totalenergies SE New 0.10% +0.10
TMO Thermo Fisher Scientific Inc. Add +6.7% 3.63% +0.06
JPM JPMorgan Chase & Co. Add +0.1% 0.96% +0.04
CERT Certara Inc. Add +0.5% 0.33% +0.02
CSL Carlisle Cos Inc. Add +0.5% 1.05% +0.02
TU Telus Corp. Add +2.3% 0.00% 0.00
MA Mastercard Inc. Class A Add +0.5% 0.40% −0.01
BN Brookfield Corp. Add +0.6% 2.83% −0.02
BIP Brookfield Infrastructure Pa Add +4.5% 2.97% −0.02
DSGX The Descartes Systems Grp Add +3.4% 0.79% −0.05
DHR Danaher Corp. Add +0.5% 1.16% −0.07
TRI Thomson Reuters Corp. Add +7.3% 0.85% −0.10
MSFT Microsoft Corp. Add +3.4% 4.31% −0.11
ROP Roper Technologies Inc. Add +3.0% 1.66% −0.14
TFPM Triple Flag Precious Met Add +3.3% 1.24% −0.24
HCA HCA Healthcare Inc. Add +0.6% 0.96% −0.28
NFLX Netflix Inc. Add +0.2% 0.92% −0.40
BGSI Boyd Group Services Inc. Add +18.6% 2.24% −0.47
CNQ Canadian Natural Resources Add +8.9% 2.41% −0.49
WPM Wheaton Precious Metals Corp. Add +5.3% 3.58% −0.66
ICE Intercontinental Exchange Inc. Add +4.5% 2.93% −0.90

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