Gold Investment Management Ltd.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 29, 2025), Gold Investment Management Ltd. reported 203 stock positions worth $297.6 million. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 3.9% of the portfolio, followed by Tesla (TSLA, 3.8%) and Microsoft (MSFT, 3.4%). Compared with Q2 2025, it added to 81 and reduced 11. The biggest buy was Tesla (TSLA, shares +35%) and the biggest sale Mid-America Apartment Comm (MAA, shares −3%).

Most Recent 13F
Q2 2026
Location
EDMONTON, A0
CIK
0002006008
Portfolio Value
$297.6M (Q3 2025)
SEC Filing
0002006008-25-000006 ↗ filed Oct 29, 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 Q4 2024 Q1 2025: $236.7M Q1 2025 Q2 2025: $265.6M Q2 2025 Q3 2025: $297.6M $297.6M Q3 2025 Q4 2025: $313.3M Q4 2025 Q1 2026: $322.9M Q1 2026 Q2 2026: $368.8M Q2 2026

Holdings 203 stocks · $297.6M
TSM Taiwan Semiconductor-SP ADR 3.86% 41,159 $11.5M Add +0.4%
TSLA Tesla Inc. 3.84% 25,675 $11.4M Add +34.6%
MSFT Microsoft Corp. 3.42% 19,635 $10.2M Add +0.5%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 3.16% 145,611 $9.4M Add +2.2%
TD Toronto-Dominion Bank 3.13% 116,551 $9.3M Add +1.5%
RY Royal Bank of Canada 2.31% 46,700 $6.9M Add +1.0%
BN Brookfield Corp. 2.30% 99,872 $6.9M Add +0.7%
SU Suncor Energy Inc. 2.16% 153,306 $6.4M Add +2.0%
AMAT Applied Materials Inc. 2.15% 31,302 $6.4M Add +1.3%
CP Canadian Pacific Kansas City 2.14% 85,497 $6.4M Add +1.7%
MFC Manulife Financial Corp. 2.08% 199,011 $6.2M Add +2.1%
JPM JPMorgan Chase & Co. 2.08% 19,581 $6.2M Add +1.0%
BIP Brookfield Infrastructure Pa 1.88% 169,600 $5.6M Add +3.3%
CNI Canadian Natl Railway Co. 1.70% 53,492 $5.0M Add +4.8%
UNP Union Pacific Corp. 1.65% 20,833 $4.9M Add +1.9%
LMT Lockheed Martin Corp. 1.61% 9,613 $4.8M Add +2.0%
GRTUF Granite Real Estate Investme 1.55% 82,856 $4.6M Reduce -0.3%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO 1.54% 57,479 $4.6M Add +0.9%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.53% 88,439 $4.6M Add +0.0%
CSX CSX Corp. 1.47% 122,911 $4.4M Add +1.4%
WMT Walmart Inc. 1.46% 42,073 $4.3M Add +1.2%
ORCL Oracle Corp. 1.43% 15,149 $4.3M No change
VEA Vanguard Ftse Developed ETF 1.34% 66,513 $4.0M No change
FTS Fortis Inc. 1.33% 78,125 $4.0M Add +1.9%
SPY SS SPDR S&P 500 ETF Trust-US 1.33% 5,945 $4.0M Add +1.6%
ENB Enbridge Inc. 1.26% 74,559 $3.8M Add +1.5%
GD General Dynamics Corp. 1.23% 10,700 $3.6M Add +73.5%
IEFA iShares Core MSCI Eafe ETF 1.21% 41,232 $3.6M Add +8.1%
JNJ Johnson & Johnson 1.20% 19,212 $3.6M Add +2.3%
EMXC iShares MSCI Emr MRK Ex Chna 1.16% 51,293 $3.5M Reduce -0.9%
O Realty Income Corp. 1.16% 56,665 $3.4M Add +0.3%
GS Goldman Sachs Group Inc. 1.15% 4,304 $3.4M Add +1.5%
BCE Bce Inc. 1.14% 144,786 $3.4M Add +5.9%
NDAQ Nasdaq Inc. 1.13% 38,160 $3.4M Add +1.7%
TM Toyota Motor Corp. -Spon ADR 1.12% 17,479 $3.3M Add +3.0%
MDT Medtronic PLC 1.08% 33,803 $3.2M Add +2.8%
MA Mastercard Inc. Class A 1.06% 5,560 $3.2M Add +2.3%
VXUS Vanguard Total Intl Stock 1.03% 41,866 $3.1M Add +1.2%
CNQ Canadian Natural Resources 1.02% 95,101 $3.0M Add +1.3%
NSC Norfolk Southern Corp. 1.01% 9,971 $3.0M Add +2.1%
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.99% 22,655 $3.0M Add +1.0%
AMZN Amazon.com Inc. 0.99% 13,370 $2.9M No change
CSCO Cisco Systems Inc. 0.98% 42,805 $2.9M Add +0.5%
BLK BlackRock Inc. 0.94% 2,406 $2.8M Add +1.9%
BAM Brookfield Asset Mgmt-A 0.92% 48,353 $2.8M Add +2.6%
MKL Markel Group Inc. 0.88% 1,363 $2.6M Add +2.5%
DLR Digital Realty Trust Inc. 0.87% 14,966 $2.6M Add +1.3%
SLF Sun Life Financial Inc. 0.86% 42,868 $2.6M Add +4.7%
IMO Imperial Oil Ltd. 0.86% 28,322 $2.6M Add +0.6%
C Citigroup Inc. 0.86% 25,291 $2.6M Add +0.3%
BEP Brookfield Renewable Partner 0.85% 98,422 $2.5M Add +3.4%
AVGO Broadcom Inc. 0.84% 7,544 $2.5M No change
XLK SS Technology Select Sector 0.74% 7,859 $2.2M Reduce -1.5%
LLY Eli Lilly & Co. 0.74% 2,887 $2.2M No change
LRCX Lam Research Corp. 0.66% 14,736 $2.0M Add +0.5%
BRK.B Berkshire Hathaway Inc. Class B 0.64% 3,778 $1.9M No change
ABBV Abbvie Inc. 0.63% 8,072 $1.9M Add +0.1%
ASML ASML Holding NV-NY Reg SHS 0.63% 1,927 $1.9M Add +5.4%
TU Telus Corp. 0.60% 114,256 $1.8M Add +2.2%
SOXX iShares Semiconductor ETF 0.60% 6,620 $1.8M Reduce -1.4%
IVZ Invesco Ltd. 0.53% 68,940 $1.6M Add +3.9%
V Visa Inc. Class A 0.53% 4,599 $1.6M Add +0.0%
TAK Takeda Pharmaceutic-SP ADR 0.51% 103,875 $1.5M Add +3.8%
BBU Brookfield Business PT-Unit 0.49% 44,270 $1.5M Add +5.4%
MAA Mid-America Apartment Comm 0.47% 10,060 $1.4M Reduce -2.9%
NOC Northrop Grumman Corp. 0.47% 2,306 $1.4M No change
ABT Abbott Laboratories 0.47% 10,424 $1.4M Add +0.3%
XLF SS Financial Select Sector 0.47% 25,850 $1.4M No change
PFE Pfizer Inc. 0.46% 53,998 $1.4M Add +2.1%
GOOG Alphabet Inc. Class C 0.46% 5,601 $1.4M No change
KLAC KLA Corp. 0.46% 1,258 $1.4M No change
MRK Merck & Co. Inc. 0.45% 15,823 $1.3M Add +2.3%
AAPL Apple Inc. 0.41% 4,798 $1.2M Add +0.1%
OMC Omnicom Group 0.40% 14,766 $1.2M Add +5.6%
VTR Ventas Inc. 0.38% 16,235 $1.1M Reduce -3.1%
VWO Vanguard Ftse Emerging Marke 0.36% 19,766 $1.1M Add +2.0%
NVDA Nvidia Corp. 0.34% 5,460 $1.0M No change
RCI Rogers Communications Inc. Class B 0.34% 29,233 $1.0M Add +2.1%
BEN Franklin Templeton Inc. 0.33% 41,944 $970K Add +5.7%
HON Honeywell International Inc. 0.31% 4,435 $934K Add +0.1%
AMD Advanced Micro Devices 0.28% 5,221 $845K No change
AEM Agnico Eagle Mines Ltd. 0.27% 4,789 $807K Add +0.3%
IEMG iShares Core MSCI Emerging 0.21% 9,346 $616K Reduce -0.9%
FNV Franco-Nevada Corp. 0.20% 2,691 $599K No change
WCN Waste Connections Inc. 0.19% 3,294 $579K No change
RTX RTX Corp. 0.19% 3,379 $565K No change
BMY Bristol-Myers Squibb Co. 0.19% 12,489 $563K Add +0.3%
PSA Public Storage 0.19% 1,933 $558K Reduce -2.8%
TFII Tfi International Inc. 0.19% 6,302 $555K No change
TRP TC Energy Corp. 0.18% 9,764 $531K Add +1.1%
LHX L3HARRIS Technologies Inc. 0.18% 1,738 $531K No change
B Barrick Mining Corp. 0.16% 14,409 $473K Add +0.5%
WELL Welltower Inc. 0.15% 2,515 $448K No change
PBA Pembina Pipeline Corp. 0.15% 11,071 $448K Add +0.4%
META Meta Platforms Inc. Class A 0.14% 578 $424K No change
STN Stantec Inc. 0.12% 3,407 $367K No change
CCJ Cameco Corp. 0.12% 4,135 $347K No change
ILF iShares Latin America 40 ETF 0.11% 11,741 $339K Reduce -1.7%
CVE Cenovus Energy Inc. 0.11% 19,820 $337K Add +1.0%
VNQ Vanguard Real Estate ETF 0.10% 3,359 $307K Add +0.8%

Show all 203 holdings

Portfolio Sells Q2 2025 → Q3 2025
MAA Mid-America Apartment Comm Reduce -2.9% 0.47% −0.11
EMXC iShares MSCI Emr MRK Ex Chna Reduce -0.9% 1.16% −0.07
GRTUF Granite Real Estate Investme Reduce -0.3% 1.55% −0.04
PSA Public Storage Reduce -2.8% 0.19% −0.04
VTR Ventas Inc. Reduce -3.1% 0.38% −0.02
MCD McDonald's Corp. Reduce -2.5% 0.09% −0.01
XLK SS Technology Select Sector Reduce -1.5% 0.74% −0.01
XLV SS Health Care Select Sector Reduce -3.0% 0.06% −0.01
IEMG iShares Core MSCI Emerging Reduce -0.9% 0.21% −0.01
ILF iShares Latin America 40 ETF Reduce -1.7% 0.11% −0.00
SOXX iShares Semiconductor ETF Reduce -1.4% 0.60% +0.00

Portfolio Buys Q2 2025 → Q3 2025
TSLA Tesla Inc. Add +34.6% 3.84% +1.68
GD General Dynamics Corp. Add +73.5% 1.23% +0.55
TSM Taiwan Semiconductor-SP ADR Add +0.4% 3.86% +0.38
BNS Bank of Nova Scotia Add +2.2% 3.16% +0.20
IVZ Invesco Ltd. Add +3.9% 0.53% +0.13
LRCX Lam Research Corp. Add +0.5% 0.66% +0.13
JNJ Johnson & Johnson Add +2.3% 1.20% +0.10
BBU Brookfield Business PT-Unit Add +5.4% 0.49% +0.08
ASML ASML Holding NV-NY Reg SHS Add +5.4% 0.63% +0.08
ABBV Abbvie Inc. Add +0.1% 0.63% +0.06
AEM Agnico Eagle Mines Ltd. Add +0.3% 0.27% +0.06
BMO Bank of Montreal Add +1.0% 0.99% +0.06
NSC Norfolk Southern Corp. Add +2.1% 1.01% +0.05
C Citigroup Inc. Add +0.3% 0.86% +0.05
B Barrick Mining Corp. Add +0.5% 0.16% +0.05
SU Suncor Energy Inc. Add +2.0% 2.16% +0.04
AAPL Apple Inc. Add +0.1% 0.41% +0.04
TM Toyota Motor Corp. -Spon ADR Add +3.0% 1.12% +0.02
GS Goldman Sachs Group Inc. Add +1.5% 1.15% +0.02
CM Can Imperial BK of Commerce Add +0.9% 1.54% +0.02
IMO Imperial Oil Ltd. Add +0.6% 0.86% +0.02
AMAT Applied Materials Inc. Add +1.3% 2.15% +0.02
RCI Rogers Communications Inc. Class B Add +2.1% 0.34% +0.02
OMC Omnicom Group Add +5.6% 0.40% +0.02
CVE Cenovus Energy Inc. Add +1.0% 0.11% +0.01
IEFA iShares Core MSCI Eafe ETF Add +8.1% 1.21% +0.01
RY Royal Bank of Canada Add +1.0% 2.31% +0.01
ENB Enbridge Inc. Add +1.5% 1.26% +0.01
WPM Wheaton Precious Metals Corp. Add +0.1% 0.07% +0.01
BLK BlackRock Inc. Add +1.9% 0.94% +0.01
MGA Magna International Inc. Add +0.8% 0.02% +0.00
TRP TC Energy Corp. Add +1.1% 0.18% +0.00
BN Brookfield Corp. Add +0.7% 2.30% +0.00
BP BP PLC-Spons ADR Add +0.8% 0.00% 0.00
BIPC Brookfield Infrastructure-A Add +9.5% 0.00% −0.00
LXP LXP Industrial Trust Add +1.4% 0.02% −0.00
TECK Teck Resources Ltd.-CLS B Add +0.0% 0.04% −0.00
PEP Pepsico Inc. Add +0.8% 0.03% −0.00
VWO Vanguard Ftse Emerging Marke Add +2.0% 0.36% −0.00
KO The Coca-Cola Co. Add +0.5% 0.02% −0.00
NTR Nutrien Ltd. Add +1.0% 0.04% −0.00
XOM Exxon Mobil Corp. Add +0.8% 0.06% −0.00
BCE Bce Inc. Add +5.9% 1.14% −0.00
PBA Pembina Pipeline Corp. Add +0.4% 0.15% −0.01
PG The Procter & Gamble Co. Add +0.2% 0.05% −0.01
VNQ Vanguard Real Estate ETF Add +0.8% 0.10% −0.01
MDT Medtronic PLC Add +2.8% 1.08% −0.01
MRK Merck & Co. Inc. Add +2.3% 0.45% −0.02
BMY Bristol-Myers Squibb Co. Add +0.3% 0.19% −0.03
SPY SS SPDR S&P 500 ETF Trust-US Add +1.6% 1.33% −0.03

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