Grayhawk Investment Strategies Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Grayhawk Investment Strategies Inc. reported 119 stock positions worth $43.9 million. Its top holding was iShares MSCI Eafe Value ETF (EFV) at 14.5% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 12.4%) and Vanguard S&P 500 Value ETF (VOOV, 11.6%). Compared with Q4 2024, it opened 1 new position, sold out of 2 and reduced 11. The biggest buy was a new position in Agnico Eagle Mines (AEM) and the biggest sale Vanguard S&P 500 Growth ETF (VOOG, shares −48%).

Most Recent 13F
Q1 2025
Location
Calgary, A0
CIK
0001684956
Portfolio Value
$43.9M (Q1 2025)
SEC Filing
0000950123-25-005680 ↗ filed May 15, 2025

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $113.5M Q1 2024 Q2 2024: $22.0M Q2 2024 Q3 2024: $64.0M Q3 2024 Q4 2024: $52.5M Q4 2024 Q1 2025: $43.9M $43.9M Q1 2025

Holdings 119 stocks · $43.9M
EFV iShares MSCI Eafe Value ETF 14.50% 108,050 $6.4M Reduce -20.8%
IVV iShares Core S&P 500 ETF 12.42% 9,706 $5.5M No change
VOOV Vanguard S&P 500 Value ETF 11.63% 27,730 $5.1M Reduce -21.3%
EFG iShares MSCI Eafe Growth ETF 9.55% 41,950 $4.2M Reduce -20.6%
HGER Harbor Commodity All Weather 8.91% 162,782 $3.9M Reduce -14.9%
USMV iShares MSCI USA Min Vol Fac 8.30% 38,914 $3.6M Reduce -0.6%
VGT Vanguard Info Tech ETF 8.28% 6,706 $3.6M Reduce -20.2%
VOOG Vanguard S&P 500 Growth ETF 5.79% 7,600 $2.5M Reduce -48.3%
NTR Nutrien Ltd. 2.93% 25,930 $1.3M No change
VYMI Vanguard Int High DVD YLD Inc. 2.75% 16,370 $1.2M No change
IDV iShares International Select 1.33% 18,810 $583K No change
IWN iShares Russell 2000 Value E 1.23% 3,586 $541K Reduce -21.8%
IWO iShares Russell 2000 Growth 1.19% 2,044 $522K Reduce -22.7%
EFA iShares MSCI Eafe ETF 0.95% 5,097 $417K No change
RY Royal Bank of Canada 0.71% 2,752 $310K No change
EFAV iShares MSCI Eafe Min Vol Fa 0.66% 3,712 $289K Reduce -8.3%
TD Toronto-Dominion Bank 0.60% 4,409 $264K No change
SLF Sun Life Financial Inc. 0.42% 3,221 $184K No change
BN Brookfield Corp. 0.33% 2,797 $146K No change
ENB Enbridge Inc. 0.31% 3,101 $137K No change
AAPL Apple Inc. 0.30% 588 $131K No change
MSFT Microsoft Corp. 0.27% 315 $118K No change
WCN Waste Connections Inc. 0.27% 599 $117K No change
SU Suncor Energy Inc. 0.26% 3,004 $116K No change
BCE Bce Inc. 0.25% 4,866 $112K No change
MFC Manulife Financial Corp. 0.22% 3,081 $96K No change
CP Canadian Pacific Kansas City 0.22% 1,355 $95K No change
BRK.B Berkshire Hathaway Inc. Class B 0.21% 170 $91K No change
TU Telus Corp. 0.20% 6,044 $87K No change
GOOGL Alphabet Inc. Class A 0.20% 560 $87K No change
META Meta Platforms Inc. Class A 0.19% 144 $83K No change
C Citigroup Inc. 0.18% 1,100 $78K No change
XOM Exxon Mobil Corp. 0.17% 631 $75K No change
NVDA Nvidia Corp. 0.16% 640 $69K No change
AEM Agnico Eagle Mines Ltd. 0.16% 416 $69K New
AMZN Amazon.com Inc. 0.16% 360 $68K No change
CIGI Colliers Intl GR-Subord Vot 0.15% 560 $68K No change
CNQ Canadian Natural Resources 0.14% 1,956 $60K No change
SPGI S&P Global Inc. 0.13% 114 $58K No change
AON Aon PLC Class A 0.13% 142 $57K No change
JPM JPMorgan Chase & Co. 0.12% 222 $54K No change
ORLY O'reilly Automotive Inc. 0.11% 35 $50K No change
BIP Brookfield Infrastructure Pa 0.11% 1,656 $49K No change
UNH Unitedhealth Group Inc. 0.11% 94 $49K No change
AVGO Broadcom Inc. 0.11% 280 $47K No change
TRP TC Energy Corp. 0.10% 942 $44K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.10% 362 $44K No change
PH Parker Hannifin Corp. 0.09% 66 $40K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.09% 897 $37K No change
PFE Pfizer Inc. 0.08% 1,472 $37K No change
MA Mastercard Inc. Class A 0.08% 65 $36K No change
BAM Brookfield Asset Mgmt-A 0.08% 710 $34K No change
UNP Union Pacific Corp. 0.08% 145 $34K No change
B Barrick Gold Corp. 0.08% 1,720 $33K No change
V Visa Inc. Class A 0.07% 87 $30K No change
BTG B2GOLD Corp. 0.07% 10,680 $30K No change
IGIFF Igm Financial Inc. 0.07% 977 $30K No change
HD Home Depot Inc. 0.07% 80 $29K No change
ACWI iShares MSCI Acwi ETF 0.07% 250 $29K Reduce -88.1%
CME Cme Group Inc. 0.07% 109 $29K No change
DOO BRP Inc./Ca- Sub Voting 0.07% 845 $29K No change
HLT Hilton Worldwide Holdings Inc. 0.06% 114 $26K No change
OTEX Open Text Corp. 0.06% 1,015 $26K No change
SHW The Sherwin-Williams Co. 0.05% 69 $24K No change
COST Costco Wholesale Corp. 0.05% 24 $23K No change
INTU Intuit Inc. 0.05% 36 $22K No change
NOC Northrop Grumman Corp. 0.05% 41 $21K No change
PG The Procter & Gamble Co. 0.05% 122 $21K No change
ADBE Adobe Inc. 0.05% 54 $21K No change
CAT Caterpillar Inc. 0.05% 61 $20K No change
FANG Diamondback Energy Inc. 0.04% 122 $20K No change
TXN Texas Instruments Inc. 0.04% 103 $19K No change
TMO Thermo Fisher Scientific Inc. 0.04% 37 $18K No change
SPG Simon Property Group Inc. 0.04% 105 $17K No change
ULTA Ulta Beauty Inc. 0.04% 46 $17K No change
COF Capital One Financial Corp. 0.04% 93 $17K No change
MCD McDonald's Corp. 0.04% 53 $17K No change
GE General Electric filed as GE AEROSPACE 0.04% 81 $16K No change
QCOM Qualcomm Inc. 0.03% 98 $15K No change
MU Micron Technology Inc. 0.03% 171 $15K No change
MGA Magna International Inc. 0.03% 423 $14K No change
FIS Fidelity National Info Serv 0.03% 181 $14K No change
YUM Yum! Brands Inc. 0.03% 82 $13K No change
GILD Gilead Sciences Inc. 0.03% 111 $12K No change
ETR Entergy Corp. 0.03% 144 $12K No change
ABT Abbott Laboratories 0.03% 91 $12K No change
MRK Merck & Co. Inc. 0.03% 134 $12K No change
MDT Medtronic PLC 0.03% 127 $11K No change
KO The Coca-Cola Co. 0.03% 154 $11K No change
PPG PPG Industries Inc. 0.02% 95 $10K No change
TSLA Tesla Inc. 0.02% 39 $10K No change
BDX Becton Dickinson and Co. 0.02% 42 $10K No change
ESS Essex Property Trust Inc. 0.02% 30 $9K No change
DHR Danaher Corp. 0.02% 43 $9K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.02% 87 $9K No change
JNJ Johnson & Johnson 0.02% 49 $8K No change
ZTS Zoetis Inc. 0.02% 46 $8K No change
CMCSA Comcast Corp. Class A 0.02% 199 $7K No change
NEE Nextera Energy Inc. 0.02% 102 $7K No change
PYPL PayPal Holdings Inc. 0.01% 101 $7K No change
GM General Motors Co. 0.01% 134 $6K No change
GEV GE Vernova Inc. 0.01% 20 $6K No change
CHTR Charter Communications Inc. Class A 0.01% 15 $6K No change
SWK Stanley Black & Decker Inc. 0.01% 68 $5K No change
DOW Dow Inc. 0.01% 144 $5K No change
F Ford Motor Co. filed as FORD MTR CO 0.01% 468 $5K No change
GDX Vaneck Gold Miners ETF 0.01% 85 $4K No change
SIL Global X Silver Miners ETF 0.01% 90 $4K No change
INTC Intel Corp. 0.01% 155 $4K No change
SILJ Amplify Junior Silver Miners 0.01% 235 $3K No change
GDXJ Vaneck Junior Gold Miners 0.01% 45 $3K No change
GEHC GE Healthcare Technology 0.01% 27 $2K No change
SFBS Servisfirst Bancshares Inc. 0.00% 24 $2K No change
WAB Wabtec Corp. 0.00% 8 $1K No change
VLTO Veralto Corp. 0.00% 14 $1K No change
VTRS Viatris Inc. 0.00% 148 $1K No change
AQN Algonquin Power & Utilities 0.00% 202 $1K No change
BNT Brookfield Wealth Solutions 0.00% 19 $993 No change
EMBC Embecta Corp. 0.00% 8 $102 No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $29 (not counted above)
SecurityClassShares / PrincipalValueChange
BROOKFIELD PROP PFD LP (BPY 6.25 07/26/81) Common Stock 2$29New

Total filed on the 13F, all lines: $43.9M.

Portfolio Sells Q4 2024 → Q1 2025
VOOG Vanguard S&P 500 Growth ETF Reduce -48.3% 5.79% −4.47
VGT Vanguard Info Tech ETF Reduce -20.2% 8.28% −1.68
VOOV Vanguard S&P 500 Value ETF Reduce -21.3% 11.63% −0.76
ACWI iShares MSCI Acwi ETF Reduce -88.1% 0.07% −0.40
SPY SS SPDR S&P 500 ETF Trust-US Sold out 0.00% −0.34
IWO iShares Russell 2000 Growth Reduce -22.7% 1.19% −0.26
EFG iShares MSCI Eafe Growth ETF Reduce -20.6% 9.55% −0.20
IWN iShares Russell 2000 Value E Reduce -21.8% 1.23% −0.20
FSV Firstservice Corp. Sold out 0.00% −0.14
EFAV iShares MSCI Eafe Min Vol Fa Reduce -8.3% 0.66% +0.11
HGER Harbor Commodity All Weather Reduce -14.9% 8.91% +0.84
EFV iShares MSCI Eafe Value ETF Reduce -20.8% 14.50% +0.85
USMV iShares MSCI USA Min Vol Fac Reduce -0.6% 8.30% +1.67

Portfolio Buys Q4 2024 → Q1 2025
AEM Agnico Eagle Mines Ltd. New 0.16% +0.16

Notes & Other Activity Q4 2024 → Q1 2025
BROOKFIELD PROP PFD LP (BPY 6.25 07/26/81) Common Stock New 2 $29

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q1 2025 119$43.9MEFV, IVV, VOOV, EFG, HGER
Q4 2024 120$52.5MEFV, VOOV, IVV, VOOG, VGT
Q3 2024 101$64.0MEFV, VOOG, VOOV, VIG, EFG
Q2 2024 123$22.0MIVV, USMV, VYMI, NTR, IDV
Q1 2024 164$113.5MVOOG, VGT, NOBL, VOOV, VIG