Gfi Investment Counsel 13F annual report
Gfi Investment Counsel is an investment fund managing more than $764 million ran by Daniel Goodman. There are currently 19 companies in Mr. Goodman’s portfolio. The largest investments include Microsoft and Apple Inc, together worth $156 million.
$764 million Assets Under Management (AUM)
As of 6th August 2024, Gfi Investment Counsel’s top holding is 189,390 shares of Microsoft currently worth over $84.6 million and making up 11.1% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Gfi Investment Counsel owns more than approximately 0.1% of the company.
In addition, the fund holds 340,021 shares of Apple Inc worth $71.6 million, whose value grew 16.9% in the past six months.
The third-largest holding is Moodys Corp worth $70.7 million and the next is Visa Inc worth $67.6 million, with 257,629 shares owned.
Currently, Gfi Investment Counsel's portfolio is worth at least $764 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Gfi Investment Counsel
The Gfi Investment Counsel office and employees reside in Toronto, Ontario, Canada. According to the last 13-F report filed with the SEC, Daniel Goodman serves as the CEO at Gfi Investment Counsel.
Recent trades
In the most recent 13F filing, Gfi Investment Counsel revealed that it had opened a new position in
American Express Co and bought 179,399 shares worth $41.5 million.
This means they effectively own approximately 0.1% of the company.
American Express Co makes up
19.9%
of the fund's Finance sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in MSCI Inc by buying
414 additional shares.
This makes their stake in MSCI Inc total 113,933 shares worth $54.9 million.
MSCI Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Gfi Investment Counsel is getting rid of from its portfolio.
Gfi Investment Counsel closed its position in Comfort Sys Usa Inc on 13th August 2024.
It sold the previously owned 254,746 shares for $80.9 million.
Daniel Goodman also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $84.6 million and 189,390 shares.
One of the smallest hedge funds
The two most similar investment funds to Gfi Investment Counsel are Bank Of The West and Ckw Financial Group. They manage $767 million and $767 million respectively.
Daniel Goodman investment strategy
Gfi Investment Counsel’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Finance — making up 27.3% of
the total portfolio value.
The fund focuses on investments in the United States as
57.9% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
58% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $401 billion.
The complete list of Gfi Investment Counsel trades based on 13F SEC filings
These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Microsoft Corporation |
5.59%
189,390
|
$84,648,000 | 11.07% |
| Comfort Sys Usa Inc |
Closed
254,746
|
$80,935,000 | |
| Apple Inc |
3.38%
340,021
|
$71,615,000 | 9.37% |
| Moodys Corp |
2.89%
167,881
|
$70,666,000 | 9.25% |
| Visa Inc |
1.83%
257,629
|
$67,620,000 | 8.85% |
| Equifax, Inc. |
13.74%
242,509
|
$58,799,000 | 7.69% |
| Hilton Worldwide Holdings Inc |
0.72%
261,959
|
$57,159,000 | 7.48% |
| Sherwin-Williams Co. |
1.52%
190,998
|
$57,000,000 | 7.46% |
| MSCI Inc |
0.36%
113,933
|
$54,887,000 | 7.18% |
| Ferguson Plc New |
1.56%
266,171
|
$51,544,000 | 6.74% |
| Aon plc. |
9.86%
152,766
|
$44,849,000 | 5.87% |
| Booz Allen Hamilton Hldg Cor |
3,441.05%
275,919
|
$42,464,000 | 5.56% |
| American Express Co. |
Opened
179,399
|
$41,540,000 | 5.43% |
| Genpact Limited |
7.63%
1,248,083
|
$40,176,000 | 5.26% |
| Verisign Inc. |
Opened
43,000
|
$7,645,000 | 1.00% |
| Spdr Ser Tr |
4.41%
69,148
|
$6,346,000 | 0.83% |
| XPEL Inc |
15.96%
120,600
|
$4,289,000 | 0.56% |
| FirstService Corp |
3.03%
13,527
|
$2,061,000 | 0.27% |
| Ishares Tr |
0.15%
15,684
|
$804,000 | 0.11% |
| Meta Platforms Inc |
No change
500
|
$252,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 20 holdings | |||
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