Gold Investment Management Ltd.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 28, 2026), Gold Investment Management Ltd. reported 204 stock positions worth $313.3 million. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 3.9% of the portfolio, followed by Tesla (TSLA, 3.8%) and Toronto-Dominion Bank (TD, 3.6%). Compared with Q3 2025, it opened 1 new position, sold out of 1, added to 67 and reduced 38. The biggest buy was Toronto-Dominion Bank (TD, shares +1%) and the biggest sale Oracle (ORCL, shares −25%).
- Most Recent 13F
- Q2 2026
- Location
- EDMONTON, A0
- CIK
- 0002006008
- Portfolio Value
- $313.3M (Q4 2025)
- SEC Filing
- 0002006008-26-000001 ↗ filed Jan 28, 2026
Holdings Value
Holdings 204 stocks · $313.3M
| TSM Taiwan Semiconductor-SP ADR | 3.93% | 40,555 | $12.3M | Reduce -1.5% |
| TSLA Tesla Inc. | 3.76% | 26,175 | $11.8M | Add +1.9% |
| TD Toronto-Dominion Bank | 3.55% | 118,115 | $11.1M | Add +1.3% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 3.23% | 137,025 | $10.1M | Reduce -5.9% |
| MSFT Microsoft Corp. | 3.04% | 19,706 | $9.5M | Add +0.4% |
| RY Royal Bank of Canada | 2.56% | 47,100 | $8.0M | Add +0.9% |
| AMAT Applied Materials Inc. | 2.54% | 30,938 | $8.0M | Reduce -1.2% |
| MFC Manulife Financial Corp. | 2.34% | 201,792 | $7.3M | Add +1.4% |
| BN Brookfield Corp. | 2.20% | 150,401 | $6.9M | Add +0.4% |
| SU Suncor Energy Inc. | 2.10% | 148,079 | $6.6M | Reduce -3.4% |
| CP Canadian Pacific Kansas City | 2.04% | 86,970 | $6.4M | Add +1.7% |
| JPM JPMorgan Chase & Co. | 2.03% | 19,751 | $6.4M | Add +0.9% |
| BIP Brookfield Infrastructure Pa | 1.92% | 172,723 | $6.0M | Add +1.8% |
| CNI Canadian Natl Railway Co. | 1.72% | 54,534 | $5.4M | Add +1.9% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO | 1.68% | 57,995 | $5.3M | Add +0.9% |
| UNP Union Pacific Corp. | 1.60% | 21,662 | $5.0M | Add +4.0% |
| GRTUF Granite Real Estate Investme | 1.58% | 83,127 | $4.9M | Add +0.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.56% | 88,689 | $4.9M | Add +0.3% |
| LMT Lockheed Martin Corp. | 1.51% | 9,777 | $4.7M | Add +1.7% |
| CSX CSX Corp. | 1.44% | 124,591 | $4.5M | Add +1.4% |
| WMT Walmart Inc. | 1.43% | 40,296 | $4.5M | Reduce -4.2% |
| IEFA iShares Core MSCI Eafe ETF | 1.40% | 49,132 | $4.4M | Add +19.2% |
| VEA Vanguard Ftse Developed ETF | 1.33% | 66,513 | $4.2M | No change |
| FTS Fortis Inc. | 1.33% | 79,902 | $4.2M | Add +2.3% |
| JNJ Johnson & Johnson | 1.30% | 19,616 | $4.1M | Add +2.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.30% | 5,953 | $4.1M | Add +0.1% |
| TM Toyota Motor Corp. -Spon ADR | 1.22% | 17,786 | $3.8M | Add +1.8% |
| NDAQ Nasdaq Inc. | 1.20% | 38,735 | $3.8M | Add +1.5% |
| GS Goldman Sachs Group Inc. | 1.18% | 4,214 | $3.7M | Reduce -2.1% |
| GD General Dynamics Corp. | 1.17% | 10,927 | $3.7M | Add +2.1% |
| EMXC iShares MSCI Emr MRK Ex Chna | 1.17% | 50,602 | $3.7M | Reduce -1.4% |
| ENB Enbridge Inc. | 1.17% | 76,490 | $3.7M | Add +2.6% |
| BCE Bce Inc. | 1.13% | 148,876 | $3.6M | Add +2.8% |
| CSCO Cisco Systems Inc. | 1.06% | 43,078 | $3.3M | Add +0.6% |
| CNQ Canadian Natural Resources | 1.05% | 96,896 | $3.3M | Add +1.9% |
| MA Mastercard Inc. Class A | 1.04% | 5,683 | $3.2M | Add +2.2% |
| MDT Medtronic PLC | 1.03% | 33,455 | $3.2M | Reduce -1.0% |
| VXUS Vanguard Total Intl Stock | 1.02% | 42,330 | $3.2M | Add +1.1% |
| O Realty Income Corp. | 0.99% | 55,272 | $3.1M | Reduce -2.5% |
| AMZN Amazon.com Inc. | 0.99% | 13,370 | $3.1M | No change |
| MKL Markel Group Inc. | 0.96% | 1,392 | $3.0M | Add +2.1% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 0.95% | 22,899 | $3.0M | Add +1.1% |
| C Citigroup Inc. | 0.94% | 25,366 | $3.0M | Add +0.3% |
| NSC Norfolk Southern Corp. | 0.94% | 10,173 | $2.9M | Add +2.0% |
| SLF Sun Life Financial Inc. | 0.89% | 44,599 | $2.8M | Add +4.0% |
| BEP Brookfield Renewable Partner | 0.88% | 101,946 | $2.8M | Add +3.6% |
| BAM Brookfield Asset Mgmt-A | 0.84% | 50,156 | $2.6M | Add +3.7% |
| BLK BlackRock Inc. | 0.83% | 2,444 | $2.6M | Add +1.6% |
| AVGO Broadcom Inc. | 0.83% | 7,544 | $2.6M | No change |
| LLY Eli Lilly & Co. | 0.82% | 2,391 | $2.6M | Reduce -17.2% |
| LRCX Lam Research Corp. | 0.81% | 14,736 | $2.5M | No change |
| IMO Imperial Oil Ltd. | 0.78% | 28,408 | $2.5M | Add +0.3% |
| DLR Digital Realty Trust Inc. | 0.75% | 15,091 | $2.3M | Add +0.8% |
| XLK SS Technology Select Sector | 0.71% | 15,409 | $2.2M | Reduce -2.0% |
| ORCL Oracle Corp. | 0.70% | 11,320 | $2.2M | Reduce -25.3% |
| ASML ASML Holding NV-NY Reg SHS | 0.66% | 1,927 | $2.1M | No change |
| SOXX iShares Semiconductor ETF | 0.63% | 6,526 | $2.0M | Reduce -1.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.61% | 3,778 | $1.9M | No change |
| ABBV Abbvie Inc. | 0.59% | 8,068 | $1.8M | Reduce -0.1% |
| IVZ Invesco Ltd. | 0.56% | 67,142 | $1.8M | Reduce -2.6% |
| GOOG Alphabet Inc. Class C | 0.56% | 5,601 | $1.8M | No change |
| TAK Takeda Pharmaceutic-SP ADR | 0.54% | 108,282 | $1.7M | Add +4.2% |
| MRK Merck & Co. Inc. | 0.54% | 16,013 | $1.7M | Add +1.2% |
| V Visa Inc. Class A | 0.51% | 4,599 | $1.6M | No change |
| BBU Brookfield Business PT-Unit | 0.51% | 45,074 | $1.6M | Add +1.8% |
| KLAC KLA Corp. | 0.49% | 1,258 | $1.5M | No change |
| TU Telus Corp. | 0.48% | 113,415 | $1.5M | Reduce -0.7% |
| MAA Mid-America Apartment Comm | 0.47% | 10,573 | $1.5M | Add +5.1% |
| PFE Pfizer Inc. | 0.44% | 55,392 | $1.4M | Add +2.6% |
| NOC Northrop Grumman Corp. | 0.42% | 2,306 | $1.3M | No change |
| ABT Abbott Laboratories | 0.42% | 10,437 | $1.3M | Add +0.1% |
| AAPL Apple Inc. | 0.42% | 4,800 | $1.3M | Add +0.0% |
| CCK Crown Holdings Inc. | 0.40% | 12,119 | $1.2M | New |
| VTR Ventas Inc. | 0.39% | 15,721 | $1.2M | Reduce -3.2% |
| OMC Omnicom Group | 0.36% | 14,067 | $1.1M | Reduce -4.7% |
| RCI Rogers Communications Inc. Class B | 0.36% | 29,721 | $1.1M | Add +1.7% |
| AMD Advanced Micro Devices | 0.36% | 5,221 | $1.1M | No change |
| VWO Vanguard Ftse Emerging Marke | 0.34% | 19,959 | $1.1M | Add +1.0% |
| NVDA Nvidia Corp. | 0.33% | 5,460 | $1.0M | No change |
| BEN Franklin Templeton Inc. | 0.31% | 40,891 | $977K | Reduce -2.5% |
| XLF SS Financial Select Sector | 0.28% | 16,133 | $884K | Reduce -37.6% |
| HON Honeywell International Inc. | 0.28% | 4,427 | $864K | Reduce -0.2% |
| AEM Agnico Eagle Mines Ltd. | 0.26% | 4,800 | $814K | Add +0.2% |
| BMY Bristol-Myers Squibb Co. | 0.22% | 12,542 | $677K | Add +0.4% |
| TFII Tfi International Inc. | 0.21% | 6,302 | $651K | No change |
| RTX RTX Corp. | 0.20% | 3,379 | $620K | No change |
| IEMG iShares Core MSCI Emerging | 0.20% | 9,130 | $614K | Reduce -2.3% |
| WCN Waste Connections Inc. | 0.18% | 3,294 | $578K | No change |
| FNV Franco-Nevada Corp. | 0.18% | 2,697 | $559K | Add +0.2% |
| TRP TC Energy Corp. | 0.18% | 9,964 | $549K | Add +2.0% |
| LHX L3HARRIS Technologies Inc. | 0.16% | 1,738 | $510K | No change |
| PSA Public Storage | 0.15% | 1,832 | $475K | Reduce -5.2% |
| WELL Welltower Inc. | 0.15% | 2,470 | $458K | Reduce -1.8% |
| PBA Pembina Pipeline Corp. | 0.13% | 11,041 | $421K | Reduce -0.3% |
| META Meta Platforms Inc. Class A | 0.12% | 578 | $382K | No change |
| CCJ Cameco Corp. | 0.12% | 4,142 | $379K | Add +0.2% |
| ILF iShares Latin America 40 ETF | 0.12% | 12,154 | $370K | Add +3.5% |
| CVE Cenovus Energy Inc. | 0.11% | 19,975 | $338K | Add +0.8% |
| MS Morgan Stanley | 0.11% | 1,856 | $329K | No change |
| STN Stantec Inc. | 0.10% | 3,407 | $322K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| ORCL Oracle Corp. | Reduce -25.3% | 0.70% | −0.73 |
| XLF SS Financial Select Sector | Reduce -37.6% | 0.28% | −0.19 |
| O Realty Income Corp. | Reduce -2.5% | 0.99% | −0.16 |
| TU Telus Corp. | Reduce -0.7% | 0.48% | −0.13 |
| B Barrick Mining Corp. | Reduce -78.3% | 0.04% | −0.12 |
| SU Suncor Energy Inc. | Reduce -3.4% | 2.10% | −0.06 |
| MDT Medtronic PLC | Reduce -1.0% | 1.03% | −0.06 |
| OMC Omnicom Group | Reduce -4.7% | 0.36% | −0.04 |
| ABBV Abbvie Inc. | Reduce -0.1% | 0.59% | −0.04 |
| HON Honeywell International Inc. | Reduce -0.2% | 0.28% | −0.04 |
| XLK SS Technology Select Sector | Reduce -2.0% | 0.71% | −0.04 |
| PSA Public Storage | Reduce -5.2% | 0.15% | −0.04 |
| WMT Walmart Inc. | Reduce -4.2% | 1.43% | −0.02 |
| PBA Pembina Pipeline Corp. | Reduce -0.3% | 0.13% | −0.02 |
| BEN Franklin Templeton Inc. | Reduce -2.5% | 0.31% | −0.01 |
| IEMG iShares Core MSCI Emerging | Reduce -2.3% | 0.20% | −0.01 |
| MCD McDonald's Corp. | Reduce -6.6% | 0.08% | −0.01 |
| EQIX Equinix Inc. | Reduce -4.5% | 0.05% | −0.01 |
| NNN NNN REIT Inc. | Reduce -3.2% | 0.03% | −0.01 |
| TRI Thomson Reuters Corp. | Reduce -9.2% | 0.01% | −0.00 |
| WELL Welltower Inc. | Reduce -1.8% | 0.15% | −0.00 |
| AVB Avalonbay Communities Inc. | Reduce -11.8% | 0.01% | −0.00 |
| STAG Stag Industrial Inc. | Reduce -4.2% | 0.04% | −0.00 |
| MMM 3M Co. | Reduce -0.1% | 0.09% | −0.00 |
| VMRK Vivmark Residential | Reduce -21.8% | 0.00% | −0.00 |
| UDR Udr Inc. | Reduce -21.6% | 0.00% | −0.00 |
| SOLS Solstice Adv Materials Inc. | Reduce -0.4% | 0.02% | −0.00 |
| TIXT Telus International Cda Inc. | Sold out | 0.00% | −0.00 |
| SOBO South Bow Corp. | Reduce -18.9% | 0.00% | −0.00 |
| UL Unilever PLC-Sponsored ADR | Reduce -5.5% | 0.00% | −0.00 |
| VTR Ventas Inc. | Reduce -3.2% | 0.39% | +0.01 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -1.4% | 1.17% | +0.01 |
| SOXX iShares Semiconductor ETF | Reduce -1.4% | 0.63% | +0.02 |
| GS Goldman Sachs Group Inc. | Reduce -2.1% | 1.18% | +0.03 |
| IVZ Invesco Ltd. | Reduce -2.6% | 0.56% | +0.03 |
| BNS Bank of Nova Scotia | Reduce -5.9% | 3.23% | +0.06 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -1.5% | 3.93% | +0.07 |
| LLY Eli Lilly & Co. | Reduce -17.2% | 0.82% | +0.08 |
| AMAT Applied Materials Inc. | Reduce -1.2% | 2.54% | +0.38 |
Portfolio Buys Q3 2025 → Q4 2025
| TD Toronto-Dominion Bank | Add +1.3% | 3.55% | +0.42 |
| CCK Crown Holdings Inc. | New | 0.40% | +0.40 |
| MFC Manulife Financial Corp. | Add +1.4% | 2.34% | +0.26 |
| RY Royal Bank of Canada | Add +0.9% | 2.56% | +0.25 |
| IEFA iShares Core MSCI Eafe ETF | Add +19.2% | 1.40% | +0.19 |
| CM Can Imperial BK of Commerce | Add +0.9% | 1.68% | +0.13 |
| JNJ Johnson & Johnson | Add +2.1% | 1.30% | +0.10 |
| TM Toyota Motor Corp. -Spon ADR | Add +1.8% | 1.22% | +0.09 |
| MRK Merck & Co. Inc. | Add +1.2% | 0.54% | +0.09 |
| C Citigroup Inc. | Add +0.3% | 0.94% | +0.08 |
| MKL Markel Group Inc. | Add +2.1% | 0.96% | +0.08 |
| CSCO Cisco Systems Inc. | Add +0.6% | 1.06% | +0.08 |
| NDAQ Nasdaq Inc. | Add +1.5% | 1.20% | +0.07 |
| BIP Brookfield Infrastructure Pa | Add +1.8% | 1.92% | +0.04 |
| GRTUF Granite Real Estate Investme | Add +0.3% | 1.58% | +0.03 |
| TAK Takeda Pharmaceutic-SP ADR | Add +4.2% | 0.54% | +0.03 |
| BEP Brookfield Renewable Partner | Add +3.6% | 0.88% | +0.03 |
| BMY Bristol-Myers Squibb Co. | Add +0.4% | 0.22% | +0.03 |
| CNI Canadian Natl Railway Co. | Add +1.9% | 1.72% | +0.03 |
| CNQ Canadian Natural Resources | Add +1.9% | 1.05% | +0.03 |
| BAC Bank of America Corp. | Add +0.3% | 1.56% | +0.02 |
| SLF Sun Life Financial Inc. | Add +4.0% | 0.89% | +0.02 |
| BBU Brookfield Business PT-Unit | Add +1.8% | 0.51% | +0.02 |
| RCI Rogers Communications Inc. Class B | Add +1.7% | 0.36% | +0.02 |
| AAPL Apple Inc. | Add +0.0% | 0.42% | +0.01 |
| CCJ Cameco Corp. | Add +0.2% | 0.12% | +0.00 |
| ILF iShares Latin America 40 ETF | Add +3.5% | 0.12% | +0.00 |
| BIPC Brookfield Infrastructure-A | Add +37.0% | 0.01% | +0.00 |
| XOM Exxon Mobil Corp. | Add +0.9% | 0.06% | +0.00 |
| TECK Teck Resources Ltd.-CLS B | Add +0.0% | 0.04% | +0.00 |
| MGA Magna International Inc. | Add +0.8% | 0.02% | +0.00 |
| NTR Nutrien Ltd. | Add +3.5% | 0.04% | +0.00 |
| LXP LXP Industrial Trust | Add +1.1% | 0.02% | +0.00 |
| KO The Coca-Cola Co. | Add +1.0% | 0.02% | +0.00 |
| WPM Wheaton Precious Metals Corp. | Add +0.1% | 0.07% | 0.00 |
| BP BP PLC-Spons ADR | Add +0.8% | 0.00% | −0.00 |
| PEP Pepsico Inc. | Add +0.8% | 0.03% | −0.00 |
| BCE Bce Inc. | Add +2.8% | 1.13% | −0.00 |
| TRP TC Energy Corp. | Add +2.0% | 0.18% | −0.00 |
| MAA Mid-America Apartment Comm | Add +5.1% | 0.47% | −0.00 |
| CVE Cenovus Energy Inc. | Add +0.8% | 0.11% | −0.01 |
| PG The Procter & Gamble Co. | Add +0.2% | 0.04% | −0.01 |
| FTS Fortis Inc. | Add +2.3% | 1.33% | −0.01 |
| VNQ Vanguard Real Estate ETF | Add +0.8% | 0.10% | −0.01 |
| AEM Agnico Eagle Mines Ltd. | Add +0.2% | 0.26% | −0.01 |
| VXUS Vanguard Total Intl Stock | Add +1.1% | 1.02% | −0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +1.0% | 0.34% | −0.02 |
| PFE Pfizer Inc. | Add +2.6% | 0.44% | −0.02 |
| FNV Franco-Nevada Corp. | Add +0.2% | 0.18% | −0.02 |
| CSX CSX Corp. | Add +1.4% | 1.44% | −0.02 |
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 |