Gold Investment Management Ltd.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 10, 2025), Gold Investment Management Ltd. reported 215 stock positions worth $237.1 million. Its top holding was Microsoft (MSFT) at 4.0% of the portfolio, followed by Taiwan Semiconductor-SP ADR (TSM, 3.4%) and Bank of Nova Scotia (BNS, 3.0%). Compared with Q3 2024, it opened 6 new positions, added to 73 and reduced 28. The biggest buy was Tesla (TSLA, shares +91%) and the biggest sale Bce (BCE, shares −16%).

Most Recent 13F
Q2 2026
Location
EDMONTON, A0
CIK
0002006008
Portfolio Value
$237.1M (Q4 2024)
SEC Filing
0002006008-25-000001 ↗ filed Feb 10, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $247.5M Q1 2024 Q2 2024: $236.5M Q2 2024 Q3 2024: $238.9M Q3 2024 Q4 2024: $237.1M $237.1M Q4 2024 Q1 2025: $236.7M Q1 2025 Q2 2025: $265.6M Q2 2025 Q3 2025: $297.6M Q3 2025 Q4 2025: $313.3M Q4 2025 Q1 2026: $322.9M Q1 2026 Q2 2026: $368.8M Q2 2026

Holdings 215 stocks · $237.1M
MSFT Microsoft Corp. 3.99% 22,458 $9.5M Reduce -2.0%
TSM Taiwan Semiconductor-SP ADR 3.41% 40,948 $8.1M Add +0.1%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 2.99% 132,028 $7.1M Add +2.1%
TD Toronto-Dominion Bank 2.43% 108,081 $5.8M Add +1.8%
CP Canadian Pacific Kansas City 2.42% 79,276 $5.7M Add +1.0%
MFC Manulife Financial Corp. 2.37% 183,217 $5.6M Add +1.1%
RY Royal Bank of Canada 2.24% 44,066 $5.3M Add +1.2%
BN Brookfield Corp. 2.23% 91,813 $5.3M Add +1.0%
TSLA Tesla Inc. 2.21% 13,000 $5.2M Add +90.5%
SU Suncor Energy Inc. 2.18% 144,814 $5.2M Add +1.7%
CNI Canadian Natl Railway Co. 2.04% 47,721 $4.8M Add +0.7%
UNP Union Pacific Corp. 1.94% 20,161 $4.6M Add +0.7%
BIP Brookfield Infrastructure Pa 1.93% 143,773 $4.6M Add +2.3%
JPM JPMorgan Chase & Co. 1.91% 18,881 $4.5M Reduce -1.6%
AMAT Applied Materials Inc. 1.86% 27,154 $4.4M Add +1.2%
LMT Lockheed Martin Corp. 1.76% 8,611 $4.2M Add +1.2%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.69% 90,920 $4.0M Add +0.3%
GRTUF Granite Real Estate Investme 1.62% 79,259 $3.8M Add +0.9%
CSX CSX Corp. 1.60% 117,387 $3.8M Add +0.6%
WMT Walmart Inc. 1.54% 40,434 $3.7M Reduce -5.5%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM 1.47% 55,117 $3.5M Add +1.6%
XLK SS Technology Select Sector 1.46% 14,908 $3.5M Reduce -2.8%
SPY SS SPDR S&P 500 ETF Trust-US 1.45% 5,878 $3.4M Reduce -9.6%
O Realty Income Corp. 1.36% 60,208 $3.2M Reduce -0.3%
VEA Vanguard Ftse Developed ETF 1.35% 66,817 $3.2M No change
AMZN Amazon.com Inc. 1.24% 13,440 $2.9M No change
FTS Fortis Inc. 1.24% 70,817 $2.9M Add +2.1%
ENB Enbridge Inc. 1.22% 68,433 $2.9M Add +1.4%
CNQ Canadian Natural Resources 1.18% 90,687 $2.8M Add +3.0%
DLR Digital Realty Trust Inc. 1.18% 15,714 $2.8M Reduce -1.5%
EMXC iShares MSCI Emr MRK Ex Chna 1.17% 49,840 $2.8M Add +2.4%
MA Mastercard Inc. Class A 1.15% 5,189 $2.7M Add +0.3%
XLF SS Financial Select Sector 1.14% 55,882 $2.7M Reduce -5.8%
SOXX iShares Semiconductor ETF 1.07% 11,768 $2.5M Reduce -0.8%
JNJ Johnson & Johnson 1.06% 17,389 $2.5M Add +1.0%
MDT Medtronic PLC 1.04% 31,000 $2.5M Add +1.4%
CSCO Cisco Systems Inc. 1.04% 41,811 $2.5M Add +0.2%
VXUS Vanguard Total Intl Stock 1.04% 41,731 $2.5M New
TM Toyota Motor Corp. -Spon ADR 1.03% 12,531 $2.4M Add +10.6%
NDAQ Nasdaq Inc. 0.98% 30,115 $2.3M Add +1.6%
SLF Sun Life Financial Inc. 0.98% 39,159 $2.3M Add +1.0%
GS Goldman Sachs Group Inc. 0.97% 4,008 $2.3M Add +0.1%
BAM Brookfield Asset Mgmt-A 0.96% 41,889 $2.3M Add +0.5%
BLK BlackRock Inc. 0.95% 2,192 $2.2M Add +1.0%
LLY Eli Lilly & Co. 0.94% 2,887 $2.2M No change
MKL Markel Group Inc. 0.90% 1,241 $2.1M Add +1.8%
NSC Norfolk Southern Corp. 0.90% 9,106 $2.1M Add +1.0%
QQQ Invesco QQQ Trust Series 1 0.89% 4,127 $2.1M No change
ORCL Oracle Corp. 0.89% 12,625 $2.1M No change
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.87% 21,148 $2.1M Add +1.2%
BCE Bce Inc. 0.86% 88,202 $2.0M Reduce -16.1%
VWO Vanguard Ftse Emerging Marke 0.82% 44,112 $1.9M Reduce -1.0%
BEP Brookfield Renewable Partner 0.78% 80,994 $1.8M Reduce -0.2%
C Citigroup Inc. 0.74% 25,018 $1.8M Add +4.5%
BRK.B Berkshire Hathaway Inc. Class B 0.74% 3,859 $1.7M Reduce -0.1%
IMO Imperial Oil Ltd. 0.73% 27,904 $1.7M Add +0.7%
MAA Mid-America Apartment Comm 0.71% 10,924 $1.7M Reduce -2.3%
MRK Merck & Co. Inc. 0.63% 14,993 $1.5M Add +0.7%
V Visa Inc. Class A 0.63% 4,702 $1.5M Reduce -0.0%
ABBV Abbvie Inc. 0.60% 7,975 $1.4M Add +0.0%
AAPL Apple Inc. 0.60% 5,659 $1.4M Add +0.1%
GD General Dynamics Corp. 0.58% 5,253 $1.4M No change
PFE Pfizer Inc. 0.56% 50,313 $1.3M Add +0.5%
AVGO Broadcom Inc. 0.53% 5,402 $1.3M Reduce -8.6%
TU Telus Corp. 0.51% 88,734 $1.2M Reduce -2.6%
ABT Abbott Laboratories 0.49% 10,256 $1.2M Add +1.1%
VTR Ventas Inc. 0.47% 19,119 $1.1M Reduce -2.2%
TAK Takeda Pharmaceutic-SP ADR 0.46% 82,147 $1.1M Add +12.2%
FEZ State Street SPDR Euro Stoxx 0.43% 21,073 $1.0M No change
GOOG Alphabet Inc. Class C 0.42% 5,264 $1.0M No change
OMC Omnicom Group 0.42% 11,442 $984K Add +1.9%
HON Honeywell International Inc. 0.41% 4,330 $978K Add +7.5%
IVZ Invesco Ltd. 0.40% 54,867 $959K Add +2.4%
NOC Northrop Grumman Corp. 0.36% 1,819 $854K No change
TFII Tfi International Inc. 0.36% 6,302 $851K No change
IEFA iShares Core MSCI Eafe ETF 0.35% 11,848 $833K Add +0.4%
XLI SS Industrial Select Sector 0.35% 6,248 $823K No change
ASML ASML Holding NV-NY Reg SHS 0.34% 1,180 $818K Add +39.5%
BBU Brookfield Business PT-Unit 0.32% 32,518 $767K Add +3.2%
PSA Public Storage 0.32% 2,530 $758K Reduce -2.3%
BMY Bristol-Myers Squibb Co. 0.30% 12,772 $722K No change
LRCX Lam Research Corp. 0.25% 8,335 $602K Add +18.1%
RCI Rogers Communications Inc. Class B 0.25% 18,910 $581K Reduce -1.7%
BEN Franklin Templeton Inc. 0.24% 28,481 $578K Add +4.9%
WELL Welltower Inc. 0.24% 4,484 $565K Reduce -1.2%
WCN Waste Connections Inc. 0.24% 3,294 $565K No change
IEMG iShares Core MSCI Emerging 0.21% 9,371 $489K Reduce -0.2%
META Meta Platforms Inc. Class A 0.21% 835 $489K No change
TRP TC Energy Corp. 0.18% 9,319 $434K Add +2.3%
PBA Pembina Pipeline Corp. 0.17% 11,134 $411K Add +1.2%
AEM Agnico Eagle Mines Ltd. 0.16% 4,749 $371K Reduce -14.9%
KLAC KLA Corp. 0.15% 580 $365K No change
RTX RTX Corp. 0.15% 3,074 $356K No change
NVDA Nvidia Corp. 0.14% 2,470 $332K No change
FNV Franco-Nevada Corp. 0.13% 2,683 $315K Add +0.4%
NNN NNN REIT Inc. 0.13% 7,692 $314K No change
VNQ Vanguard Real Estate ETF 0.13% 3,489 $311K Add +0.7%
COST Costco Wholesale Corp. 0.13% 325 $298K No change
CVE Cenovus Energy Inc. 0.12% 19,308 $293K Add +0.8%
AMD Advanced Micro Devices 0.12% 2,259 $273K Add +18.3%

Show all 215 holdings

Portfolio Sells Q3 2024 → Q4 2024
BCE Bce Inc. Reduce -16.1% 0.86% −0.67
O Realty Income Corp. Reduce -0.3% 1.36% −0.24
BEP Brookfield Renewable Partner Reduce -0.2% 0.78% −0.18
TU Telus Corp. Reduce -2.6% 0.51% −0.13
MSFT Microsoft Corp. Reduce -2.0% 3.99% −0.13
SPY SS SPDR S&P 500 ETF Trust-US Reduce -9.6% 1.45% −0.11
SOXX iShares Semiconductor ETF Reduce -0.8% 1.07% −0.08
RCI Rogers Communications Inc. Class B Reduce -1.7% 0.25% −0.08
VWO Vanguard Ftse Emerging Marke Reduce -1.0% 0.82% −0.08
PSA Public Storage Reduce -2.3% 0.32% −0.07
VTR Ventas Inc. Reduce -2.2% 0.47% −0.05
AEM Agnico Eagle Mines Ltd. Reduce -14.9% 0.16% −0.03
MAA Mid-America Apartment Comm Reduce -2.3% 0.71% −0.03
IEMG iShares Core MSCI Emerging Reduce -0.2% 0.21% −0.02
SOBO South Bow Corp. Reduce -88.0% 0.00% −0.02
MCD McDonald's Corp. Reduce -1.5% 0.10% −0.01
LXP LXP Industrial Trust Reduce -7.8% 0.02% −0.01
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.1% 0.74% −0.00
WELL Welltower Inc. Reduce -1.2% 0.24% −0.00
VT Vanguard Tot World STK ETF Reduce -8.0% 0.01% −0.00
EQIX Equinix Inc. Reduce -5.1% 0.09% +0.00
XLK SS Technology Select Sector Reduce -2.8% 1.46% +0.01
XLF SS Financial Select Sector Reduce -5.8% 1.14% +0.02
V Visa Inc. Class A Reduce -0.0% 0.63% +0.09
DLR Digital Realty Trust Inc. Reduce -1.5% 1.18% +0.10
AVGO Broadcom Inc. Reduce -8.6% 0.53% +0.10
WMT Walmart Inc. Reduce -5.5% 1.54% +0.10
JPM JPMorgan Chase & Co. Reduce -1.6% 1.91% +0.22

Portfolio Buys Q3 2024 → Q4 2024
TSLA Tesla Inc. Add +90.5% 2.21% +1.47
VXUS Vanguard Total Intl Stock New 1.04% +1.04
TSM Taiwan Semiconductor-SP ADR Add +0.1% 3.41% +0.40
BN Brookfield Corp. Add +1.0% 2.23% +0.20
BAC Bank of America Corp. Add +0.3% 1.69% +0.19
TM Toyota Motor Corp. -Spon ADR Add +10.6% 1.03% +0.17
GS Goldman Sachs Group Inc. Add +0.1% 0.97% +0.14
BAM Brookfield Asset Mgmt-A Add +0.5% 0.96% +0.13
MFC Manulife Financial Corp. Add +1.1% 2.37% +0.13
C Citigroup Inc. Add +4.5% 0.74% +0.12
CSCO Cisco Systems Inc. Add +0.2% 1.04% +0.12
MKL Markel Group Inc. Add +1.8% 0.90% +0.10
BLK BlackRock Inc. Add +1.0% 0.95% +0.09
MA Mastercard Inc. Class A Add +0.3% 1.15% +0.08
CM Can Imperial BK of Commerce Add +1.6% 1.47% +0.08
NDAQ Nasdaq Inc. Add +1.6% 0.98% +0.08
ENB Enbridge Inc. Add +1.4% 1.22% +0.08
BMO Bank of Montreal Add +1.2% 0.87% +0.08
HON Honeywell International Inc. Add +7.5% 0.41% +0.06
AAPL Apple Inc. Add +0.1% 0.60% +0.05
ASML ASML Holding NV-NY Reg SHS Add +39.5% 0.34% +0.05
BNS Bank of Nova Scotia Add +2.1% 2.99% +0.04
SLF Sun Life Financial Inc. Add +1.0% 0.98% +0.04
TAK Takeda Pharmaceutic-SP ADR Add +12.2% 0.46% +0.02
BEN Franklin Templeton Inc. Add +4.9% 0.24% +0.01
BBU Brookfield Business PT-Unit Add +3.2% 0.32% +0.01
LRCX Lam Research Corp. Add +18.1% 0.25% +0.01
IVZ Invesco Ltd. Add +2.4% 0.40% +0.01
ABT Abbott Laboratories Add +1.1% 0.49% +0.01
CCJ Cameco Corp. Add +0.2% 0.09% +0.01
BIPC Brookfield Infrastructure-A New 0.00% +0.00
VIG Vanguard Dividend Apprec ETF New 0.00% +0.00
VET Vermilion Energy Inc. New 0.00% +0.00
TRP TC Energy Corp. Add +2.3% 0.18% +0.00
STKL Sunopta Inc. New 0.00% +0.00
MGA Magna International Inc. Add +0.8% 0.02% +0.00
TAC Transalta Corp. New 0.00% +0.00
VCSH Vanguard S/T Corp. Bond ETF Add +4.0% 0.01% +0.00
SGOV iShares 0-3 Month Treasury B Add +1.9% 0.00% +0.00
F Ford Motor Co. Add +1.3% 0.00% 0.00
BP BP PLC-Spons ADR Add +0.9% 0.00% −0.00
VNQI Vanguard GLBL Ex-US Real Est Add +7.5% 0.00% −0.00
NTR Nutrien Ltd. Add +6.1% 0.03% −0.00
XLV SS Health Care Select Sector Add +6.4% 0.02% −0.00
PG The Procter & Gamble Co. Add +0.2% 0.06% −0.00
PEP Pepsico Inc. Add +0.5% 0.03% −0.00
XOM Exxon Mobil Corp. Add +0.8% 0.07% −0.01
MMM 3M Co. Add +0.1% 0.10% −0.01
FNV Franco-Nevada Corp. Add +0.4% 0.13% −0.01
VNQ Vanguard Real Estate ETF Add +0.7% 0.13% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 202$368.8MAMAT, TSM, TD, BNS, RY
Q1 2026 201$322.9MTSM, TD, AMAT, SU, BNS
Q4 2025 204$313.3MTSM, TSLA, TD, BNS, MSFT
Q3 2025 203$297.6MTSM, TSLA, MSFT, BNS, TD
Q2 2025 203$265.6MMSFT, TSM, TD, BNS, CP
Q1 2025 216$236.7MMSFT, TD, BNS, TSM, MFC
Q4 2024 215$237.1MMSFT, TSM, BNS, TD, CP
Q3 2024 208$238.9MMSFT, TSM, BNS, TD, CP
Q2 2024 215$236.5MMSFT, TSM, CP, AMAT, TD
Q1 2024 215$247.5MMSFT, CP, TD, CNI, TSM