Gold Investment Management Ltd.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 18, 2025), Gold Investment Management Ltd. reported 203 stock positions worth $265.6 million. Its top holding was Microsoft (MSFT) at 3.6% of the portfolio, followed by Taiwan Semiconductor-SP ADR (TSM, 3.5%) and Toronto-Dominion Bank (TD, 3.2%). Compared with Q1 2025, it opened 1 new position, sold out of 14, added to 86 and reduced 32. The biggest buy was Tesla (TSLA, shares +68%) and the biggest sale Invesco QQQ Trust Series 1 (QQQ, shares −97%).
- Most Recent 13F
- Q2 2026
- Location
- EDMONTON, A0
- CIK
- 0002006008
- Portfolio Value
- $265.6M (Q2 2025)
- SEC Filing
- 0002006008-25-000005 ↗ filed Jul 18, 2025
Holdings Value
Holdings 203 stocks · $265.6M
| MSFT Microsoft Corp. | 3.64% | 19,548 | $9.7M | Add +5.7% |
| TSM Taiwan Semiconductor-SP ADR | 3.48% | 41,008 | $9.2M | Add +7.8% |
| TD Toronto-Dominion Bank | 3.18% | 114,797 | $8.5M | Add +1.2% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 2.97% | 142,484 | $7.9M | Add +2.8% |
| CP Canadian Pacific Kansas City | 2.53% | 84,079 | $6.7M | Add +1.5% |
| MFC Manulife Financial Corp. | 2.35% | 194,845 | $6.2M | Add +1.8% |
| BN Brookfield Corp. | 2.30% | 99,224 | $6.1M | Add +0.8% |
| RY Royal Bank of Canada | 2.30% | 46,258 | $6.1M | Add +1.7% |
| TSLA Tesla Inc. | 2.16% | 19,075 | $5.7M | Add +68.0% |
| AMAT Applied Materials Inc. | 2.13% | 30,887 | $5.7M | Add +11.0% |
| SU Suncor Energy Inc. | 2.12% | 150,311 | $5.6M | Add +2.1% |
| JPM JPMorgan Chase & Co. | 2.12% | 19,382 | $5.6M | Add +1.4% |
| BIP Brookfield Infrastructure Pa | 2.07% | 164,114 | $5.5M | Add +4.0% |
| CNI Canadian Natl Railway Co. | 2.00% | 51,016 | $5.3M | Add +1.4% |
| UNP Union Pacific Corp. | 1.80% | 20,455 | $4.8M | Add +0.5% |
| LMT Lockheed Martin Corp. | 1.65% | 9,427 | $4.4M | Add +5.7% |
| GRTUF Granite Real Estate Investme | 1.59% | 83,073 | $4.2M | Reduce -0.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.58% | 88,438 | $4.2M | Add +0.2% |
| WMT Walmart Inc. | 1.53% | 41,576 | $4.1M | Add +1.3% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM | 1.52% | 56,961 | $4.0M | Add +0.6% |
| CSX CSX Corp. | 1.51% | 121,274 | $4.0M | Add +2.1% |
| VEA Vanguard Ftse Developed ETF | 1.43% | 66,513 | $3.8M | Reduce -0.5% |
| FTS Fortis Inc. | 1.38% | 76,702 | $3.7M | Add +2.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.36% | 5,852 | $3.6M | Add +1.5% |
| NDAQ Nasdaq Inc. | 1.26% | 37,508 | $3.3M | Add +19.2% |
| ENB Enbridge Inc. | 1.25% | 73,450 | $3.3M | Add +1.5% |
| ORCL Oracle Corp. | 1.25% | 15,149 | $3.3M | Add +17.8% |
| EMXC iShares MSCI Emr MRK Ex Chna | 1.23% | 51,746 | $3.3M | Add +6.2% |
| O Realty Income Corp. | 1.23% | 56,483 | $3.3M | Reduce -10.0% |
| IEFA iShares Core MSCI Eafe ETF | 1.20% | 38,149 | $3.2M | Add +46.7% |
| MA Mastercard Inc. Class A | 1.15% | 5,435 | $3.1M | Add +2.1% |
| BCE Bce Inc. | 1.14% | 136,765 | $3.0M | Add +5.8% |
| GS Goldman Sachs Group Inc. | 1.13% | 4,241 | $3.0M | Add +2.3% |
| CNQ Canadian Natural Resources | 1.12% | 93,840 | $3.0M | Add +1.4% |
| CSCO Cisco Systems Inc. | 1.11% | 42,596 | $2.9M | Reduce -0.7% |
| AMZN Amazon.com Inc. | 1.11% | 13,370 | $2.9M | Reduce -0.4% |
| TM Toyota Motor Corp. -Spon ADR | 1.10% | 16,966 | $2.9M | Add +24.0% |
| JNJ Johnson & Johnson | 1.10% | 18,790 | $2.9M | Add +1.5% |
| MDT Medtronic PLC | 1.09% | 32,882 | $2.9M | Add +1.6% |
| VXUS Vanguard Total Intl Stock | 1.08% | 41,372 | $2.9M | Add +0.7% |
| SLF Sun Life Financial Inc. | 1.03% | 40,951 | $2.7M | Add +0.6% |
| MKL Markel Group Inc. | 1.00% | 1,330 | $2.7M | Add +3.1% |
| BAM Brookfield Asset Mgmt-A | 0.97% | 47,138 | $2.6M | Add +2.5% |
| DLR Digital Realty Trust Inc. | 0.95% | 14,770 | $2.5M | Reduce -7.7% |
| NSC Norfolk Southern Corp. | 0.95% | 9,767 | $2.5M | Add +2.9% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 0.94% | 22,427 | $2.5M | Add +0.9% |
| BLK BlackRock Inc. | 0.94% | 2,361 | $2.5M | Add +2.7% |
| BEP Brookfield Renewable Partner | 0.91% | 95,158 | $2.4M | Add +3.0% |
| LLY Eli Lilly & Co. | 0.84% | 2,887 | $2.2M | No change |
| IMO Imperial Oil Ltd. | 0.84% | 28,161 | $2.2M | Add +0.3% |
| C Citigroup Inc. | 0.81% | 25,211 | $2.2M | Add +0.4% |
| AVGO Broadcom Inc. | 0.77% | 7,544 | $2.0M | Add +31.8% |
| XLK SS Technology Select Sector | 0.75% | 7,980 | $2.0M | Reduce -50.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.69% | 3,778 | $1.8M | Reduce -0.2% |
| GD General Dynamics Corp. | 0.68% | 6,168 | $1.8M | Add +14.3% |
| TU Telus Corp. | 0.68% | 111,827 | $1.8M | Reduce -1.4% |
| V Visa Inc. Class A | 0.61% | 4,598 | $1.6M | Add +0.0% |
| SOXX iShares Semiconductor ETF | 0.60% | 6,711 | $1.6M | Reduce -43.9% |
| MAA Mid-America Apartment Comm | 0.58% | 10,365 | $1.5M | Reduce -3.5% |
| TAK Takeda Pharmaceutic-SP ADR | 0.58% | 100,048 | $1.5M | Add +2.5% |
| ABBV Abbvie Inc. | 0.57% | 8,064 | $1.5M | Add +0.3% |
| ASML ASML Holding NV-NY Reg SHS | 0.55% | 1,829 | $1.5M | Add +44.5% |
| LRCX Lam Research Corp. | 0.54% | 14,666 | $1.4M | Add +52.7% |
| ABT Abbott Laboratories | 0.53% | 10,391 | $1.4M | Add +0.3% |
| XLF SS Financial Select Sector | 0.51% | 25,850 | $1.4M | Reduce -52.7% |
| PFE Pfizer Inc. | 0.49% | 52,881 | $1.3M | Add +0.1% |
| MRK Merck & Co. Inc. | 0.47% | 15,461 | $1.2M | Add +0.8% |
| NOC Northrop Grumman Corp. | 0.44% | 2,306 | $1.2M | Add +21.7% |
| KLAC KLA Corp. | 0.42% | 1,258 | $1.1M | Add +76.2% |
| BBU Brookfield Business PT-Unit | 0.41% | 41,994 | $1.1M | Add +6.8% |
| IVZ Invesco Ltd. | 0.40% | 66,324 | $1.1M | Add +4.1% |
| VTR Ventas Inc. | 0.40% | 16,749 | $1.1M | Reduce -8.9% |
| HON Honeywell International Inc. | 0.39% | 4,429 | $1.0M | Add +0.1% |
| OMC Omnicom Group | 0.39% | 13,983 | $1.0M | Add +6.3% |
| AAPL Apple Inc. | 0.37% | 4,795 | $994K | Add +0.1% |
| GOOG Alphabet Inc. Class C | 0.37% | 5,601 | $992K | Reduce -0.1% |
| BEN Franklin Templeton Inc. | 0.36% | 39,697 | $966K | Add +4.5% |
| VWO Vanguard Ftse Emerging Marke | 0.36% | 19,375 | $962K | Add +1.3% |
| RCI Rogers Communications Inc. Class B | 0.32% | 28,643 | $849K | Reduce -4.5% |
| NVDA Nvidia Corp. | 0.32% | 5,460 | $837K | Reduce -0.3% |
| AMD Advanced Micro Devices | 0.27% | 5,221 | $730K | Add +65.9% |
| WCN Waste Connections Inc. | 0.23% | 3,294 | $615K | No change |
| PSA Public Storage | 0.22% | 1,988 | $592K | Reduce -19.3% |
| BMY Bristol-Myers Squibb Co. | 0.22% | 12,447 | $582K | No change |
| AEM Agnico Eagle Mines Ltd. | 0.21% | 4,777 | $569K | Add +0.6% |
| IEMG iShares Core MSCI Emerging | 0.21% | 9,428 | $567K | Add +0.6% |
| TFII Tfi International Inc. | 0.21% | 6,302 | $566K | No change |
| RTX RTX Corp. | 0.18% | 3,379 | $487K | No change |
| TRP TC Energy Corp. | 0.18% | 9,656 | $471K | Add +2.5% |
| FNV Franco-Nevada Corp. | 0.17% | 2,691 | $442K | Add +0.1% |
| LHX L3HARRIS Technologies Inc. | 0.16% | 1,738 | $437K | Add +108.4% |
| META Meta Platforms Inc. Class A | 0.16% | 578 | $422K | Reduce -2.4% |
| PBA Pembina Pipeline Corp. | 0.16% | 11,022 | $414K | Add +0.4% |
| WELL Welltower Inc. | 0.15% | 2,515 | $386K | Reduce -41.8% |
| STN Stantec Inc. | 0.14% | 3,407 | $371K | No change |
| COST Costco Wholesale Corp. | 0.12% | 325 | $320K | No change |
| ILF iShares Latin America 40 ETF | 0.12% | 11,946 | $313K | Reduce -0.2% |
| CCJ Cameco Corp. | 0.12% | 4,135 | $307K | No change |
| VNQ Vanguard Real Estate ETF | 0.11% | 3,332 | $299K | Reduce -5.5% |
| B Barrick Mining Corp. | 0.11% | 14,338 | $298K | Add +0.9% |
Portfolio Sells Q1 2025 → Q2 2025
| QQQ Invesco QQQ Trust Series 1 | Reduce -97.4% | 0.02% | −0.76 |
| XLK SS Technology Select Sector | Reduce -50.0% | 0.75% | −0.64 |
| XLF SS Financial Select Sector | Reduce -52.7% | 0.51% | −0.64 |
| FEZ State Street SPDR Euro Stoxx | Sold out | 0.00% | −0.48 |
| SOXX iShares Semiconductor ETF | Reduce -43.9% | 0.60% | −0.35 |
| O Realty Income Corp. | Reduce -10.0% | 1.23% | −0.31 |
| XLI SS Industrial Select Sector | Reduce -92.1% | 0.03% | −0.31 |
| MAA Mid-America Apartment Comm | Reduce -3.5% | 0.58% | −0.18 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.2% | 0.69% | −0.16 |
| VTR Ventas Inc. | Reduce -8.9% | 0.40% | −0.14 |
| WELL Welltower Inc. | Reduce -41.8% | 0.15% | −0.13 |
| NNN NNN REIT Inc. | Reduce -64.0% | 0.04% | −0.09 |
| PSA Public Storage | Reduce -19.3% | 0.22% | −0.09 |
| XLY SS Consumer Disc Select Sect | Reduce -85.1% | 0.01% | −0.08 |
| GRTUF Granite Real Estate Investme | Reduce -0.5% | 1.59% | −0.06 |
| STAG Stag Industrial Inc. | Reduce -35.5% | 0.05% | −0.03 |
| VNQ Vanguard Real Estate ETF | Reduce -5.5% | 0.11% | −0.02 |
| AVB Avalonbay Communities Inc. | Reduce -52.9% | 0.01% | −0.02 |
| BX Blackstone Inc. | Reduce -26.7% | 0.05% | −0.02 |
| RCI Rogers Communications Inc. Class B | Reduce -4.5% | 0.32% | −0.02 |
| DLR Digital Realty Trust Inc. | Reduce -7.7% | 0.95% | −0.01 |
| TU Telus Corp. | Reduce -1.4% | 0.68% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -0.7% | 1.11% | −0.01 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.01 |
| LYB Lyondellbasell Indu Class A | Sold out | 0.00% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Reduce -0.5% | 1.43% | −0.01 |
| HUM Humana Inc. | Sold out | 0.00% | −0.01 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.00 |
| MGA Magna International Inc. | Reduce -21.6% | 0.01% | −0.00 |
| NEE Nextera Energy Inc. | Reduce -90.2% | 0.00% | −0.00 |
| CLX Clorox Company | Sold out | 0.00% | −0.00 |
| GIL Gildan Activewear Inc. | Sold out | 0.00% | −0.00 |
| TWLO Twilio Inc. Class A | Sold out | 0.00% | −0.00 |
| DD Dupont DE Nemours Inc. | Sold out | 0.00% | −0.00 |
| ILF iShares Latin America 40 ETF | Reduce -0.2% | 0.12% | −0.00 |
| CTVA Corteva Inc. | Sold out | 0.00% | −0.00 |
| F Ford Motor Co. | Sold out | 0.00% | −0.00 |
| STKL Sunopta Inc. | Sold out | 0.00% | −0.00 |
| DOW Dow Inc. | Sold out | 0.00% | −0.00 |
| TAC Transalta Corp. | Sold out | 0.00% | −0.00 |
| SOBO South Bow Corp. | Reduce -0.5% | 0.00% | −0.00 |
| TXN Texas Instruments Inc. | Reduce -2.7% | 0.07% | +0.00 |
| GOOG Alphabet Inc. Class C | Reduce -0.1% | 0.37% | +0.00 |
| META Meta Platforms Inc. Class A | Reduce -2.4% | 0.16% | +0.01 |
| AMZN Amazon.com Inc. | Reduce -0.4% | 1.11% | +0.03 |
| NVDA Nvidia Corp. | Reduce -0.3% | 0.32% | +0.06 |
Portfolio Buys Q1 2025 → Q2 2025
| TSLA Tesla Inc. | Add +68.0% | 2.16% | +0.92 |
| TSM Taiwan Semiconductor-SP ADR | Add +7.8% | 3.48% | +0.81 |
| MSFT Microsoft Corp. | Add +5.7% | 3.64% | +0.70 |
| ORCL Oracle Corp. | Add +17.8% | 1.25% | +0.49 |
| AMAT Applied Materials Inc. | Add +11.0% | 2.13% | +0.43 |
| IEFA iShares Core MSCI Eafe ETF | Add +46.7% | 1.20% | +0.37 |
| AVGO Broadcom Inc. | Add +31.8% | 0.77% | +0.36 |
| TD Toronto-Dominion Bank | Add +1.2% | 3.18% | +0.31 |
| NDAQ Nasdaq Inc. | Add +19.2% | 1.26% | +0.25 |
| LRCX Lam Research Corp. | Add +52.7% | 0.54% | +0.24 |
| KLAC KLA Corp. | Add +76.2% | 0.42% | +0.22 |
| ASML ASML Holding NV-NY Reg SHS | Add +44.5% | 0.55% | +0.20 |
| BNS Bank of Nova Scotia | Add +2.8% | 2.97% | +0.19 |
| CM Can Imperial BK of Commerce | Add +0.6% | 1.52% | +0.18 |
| GS Goldman Sachs Group Inc. | Add +2.3% | 1.13% | +0.17 |
| AMD Advanced Micro Devices | Add +65.9% | 0.27% | +0.14 |
| RY Royal Bank of Canada | Add +1.7% | 2.30% | +0.14 |
| JPM JPMorgan Chase & Co. | Add +1.4% | 2.12% | +0.14 |
| BN Brookfield Corp. | Add +0.8% | 2.30% | +0.12 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +6.2% | 1.23% | +0.10 |
| LHX L3HARRIS Technologies Inc. | Add +108.4% | 0.16% | +0.09 |
| BIP Brookfield Infrastructure Pa | Add +4.0% | 2.07% | +0.09 |
| TM Toyota Motor Corp. -Spon ADR | Add +24.0% | 1.10% | +0.08 |
| CP Canadian Pacific Kansas City | Add +1.5% | 2.53% | +0.07 |
| C Citigroup Inc. | Add +0.4% | 0.81% | +0.06 |
| GD General Dynamics Corp. | Add +14.3% | 0.68% | +0.06 |
| BEN Franklin Templeton Inc. | Add +4.5% | 0.36% | +0.05 |
| BEP Brookfield Renewable Partner | Add +3.0% | 0.91% | +0.05 |
| SLF Sun Life Financial Inc. | Add +0.6% | 1.03% | +0.04 |
| BMO Bank of Montreal | Add +0.9% | 0.94% | +0.04 |
| BAM Brookfield Asset Mgmt-A | Add +2.5% | 0.97% | +0.03 |
| CSX CSX Corp. | Add +2.1% | 1.51% | +0.03 |
| BAC Bank of America Corp. | Add +0.2% | 1.58% | +0.03 |
| NOC Northrop Grumman Corp. | Add +21.7% | 0.44% | +0.03 |
| IBIT iShares Bitcoin Trust ETF | Add +46.1% | 0.06% | +0.02 |
| BBU Brookfield Business PT-Unit | Add +6.8% | 0.41% | +0.02 |
| BLK BlackRock Inc. | Add +2.7% | 0.94% | +0.02 |
| WMT Walmart Inc. | Add +1.3% | 1.53% | +0.01 |
| EMA Emera Inc. | New | 0.01% | +0.01 |
| NTR Nutrien Ltd. | Add +6.7% | 0.04% | +0.00 |
| NSC Norfolk Southern Corp. | Add +2.9% | 0.95% | +0.00 |
| WPM Wheaton Precious Metals Corp. | Add +0.4% | 0.07% | +0.00 |
| BIPC Brookfield Infrastructure-A | Add +13.9% | 0.00% | +0.00 |
| SGOV iShares 0-3 Month Treasury B | Add +1.8% | 0.00% | −0.00 |
| IEMG iShares Core MSCI Emerging | Add +0.6% | 0.21% | −0.00 |
| TECK Teck Resources Ltd.-CLS B | Add +0.0% | 0.04% | −0.00 |
| BP BP PLC-Spons ADR | Add +1.7% | 0.00% | −0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.5% | 1.36% | −0.00 |
| VXUS Vanguard Total Intl Stock | Add +0.7% | 1.08% | −0.00 |
| KO The Coca-Cola Co. | Add +0.5% | 0.02% | −0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 202 | $368.8M | AMAT, TSM, TD, BNS, RY |
| Q1 2026 | 201 | $322.9M | TSM, TD, AMAT, SU, BNS |
| Q4 2025 | 204 | $313.3M | TSM, TSLA, TD, BNS, MSFT |
| Q3 2025 | 203 | $297.6M | TSM, TSLA, MSFT, BNS, TD |
| Q2 2025 | 203 | $265.6M | MSFT, TSM, TD, BNS, CP |
| Q1 2025 | 216 | $236.7M | MSFT, TD, BNS, TSM, MFC |
| Q4 2024 | 215 | $237.1M | MSFT, TSM, BNS, TD, CP |
| Q3 2024 | 208 | $238.9M | MSFT, TSM, BNS, TD, CP |
| Q2 2024 | 215 | $236.5M | MSFT, TSM, CP, AMAT, TD |
| Q1 2024 | 215 | $247.5M | MSFT, CP, TD, CNI, TSM |