1y return+8.5%S&P 500 +20.9%
3y return+40.9%S&P 500 +68.5%
5y return+47.1%S&P 500 +74.5%
10y return+198.2%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $298 against $357 in the S&P 500.2
Dixon Mitchell Investment Counsel Inc.S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| TDToronto-Dominion Bank/The | $193.5M | 6.3% | +6.2% |
| RYRoyal Bank of Canada | $178.3M | 5.8% | +6.0% |
| GOOGLAlphabet Inc | $143.5M | 4.7% | −8.9% |
| VVisa Inc | $137.8M | 4.5% | +5.0% |
| BRK/BBerkshire Hathaway Inc | $134.1M | 4.4% | +22.6% |
| MSFTMicrosoft Corp | $132.6M | 4.3% | +3.4% |
| TFIITFI International Inc | $120.0M | 3.9% | −5.7% |
| TMOThermo Fisher Scientific Inc | $111.7M | 3.6% | +6.6% |
| WPMWheaton Precious Metals Corp | $110.1M | 3.6% | +5.3% |
| IEFAiShares Core MSCI EAFE ETF | $107.4M | 3.5% | −55.1% |
| AMEAMETEK Inc | $99.9M | 3.2% | +3.3% |
| Brookfield Infrastructure PartCUSIP G16252101 | $91.4M | 3.0% | +4.5% |
| ICEIntercontinental Exchange Inc | $90.2M | 2.9% | +4.5% |
| MEOHMethanex Corp | $88.5M | 2.9% | −1.7% |
| BNBrookfield Corp | $87.0M | 2.8% | |
| TXNTexas Instruments Inc | $77.2M | 2.5% | +1.4% |
| HEIHEICO Corp | $75.1M | 2.4% | +4.7% |
| CNQCanadian Natural Resources Ltd | $74.2M | 2.4% | +8.9% |
| AMZNAmazon.com Inc | $70.5M | 2.3% | |
| BGSIBoyd Group Services Inc | $68.9M | 2.2% | +18.6% |
| Spotify Technology SACUSIP L8681T102 | $64.1M | 2.1% | +24.6% |
| DPZDomino's Pizza Inc | $60.5M | 2.0% | +54.8% |
| CNICanadian National Railway Co | $59.0M | 1.9% | +10.3% |
| ROPRoper Technologies Inc | $51.0M | 1.7% | +3.0% |
| METAMeta Platforms Inc | $43.2M | 1.4% | +18.3% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $143.5M |
| CNQCanadian Natural Resources Ltd | June 30, 2020 | +354.1% | $74.2M |
| TFIITFI International Inc | June 30, 2020 | +305.0% | $120.0M |
| HCAHCA Healthcare Inc | June 30, 2020 | +301.7% | $29.5M |
| JPMJPMorgan Chase & Co | June 30, 2020 | +248.0% | $29.5M |
| RYRoyal Bank of Canada | June 30, 2020 | +205.3% | $178.3M |
| CSLCarlisle Cos Inc | June 30, 2020 | +203.1% | $32.3M |
| BRK/BBerkshire Hathaway Inc | June 30, 2020 | +180.3% | $134.1M |
| TDToronto-Dominion Bank/The | June 30, 2020 | +172.2% | $193.5M |
| MEOHMethanex Corp | June 30, 2020 | +155.3% | $88.5M |
Sold off last quarter
- Thomson Reuters CorpCUSIP 884903808 was $27.3M
- ACWXiShares MSCI ACWI ex U.S. ETF was $17.4M
- BKNGBooking Holdings Inc was $219K
- SPYMSPDR Series TR State Stret ETF was $9,949
- SMMDiShares TR Russell 2500 ETF was $2,596
- SCZiShares MSCI EAFE Small-Cap ET was $1,568
- IUSBiShares TR Core Universal ETF was $1,201
- USHYiShares TR ETF was $589
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +5.3% | +14.8% |
| March 31, 2026 | −4.0% | −4.6% |
| December 31, 2025 | +3.1% | +2.4% |
| September 30, 2025 | +4.1% | +7.8% |
| June 30, 2025 | +8.6% | +10.5% |
| March 31, 2025 | −1.9% | −4.6% |
| December 31, 2024 | −1.1% | +2.1% |
| September 30, 2024 | +6.9% | +5.4% |
| June 30, 2024 | −0.8% | +4.0% |
| March 31, 2024 | +7.3% | +10.0% |
| December 31, 2023 | +11.6% | +11.2% |
| September 30, 2023 | −3.0% | −3.6% |
| June 30, 2023 | +5.4% | +8.3% |
| March 31, 2023 | +7.6% | +7.0% |
| December 31, 2022 | +6.9% | +7.1% |
| September 30, 2022 | −6.1% | −5.3% |
| June 30, 2022 | −18.5% | −16.5% |
| March 31, 2022 | +0.1% | −4.9% |
| December 31, 2021 | +10.0% | +10.7% |
| September 30, 2021 | +2.3% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Dixon Mitchell Investment Counsel Inc. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1993485&type=13F-HR&dateb=&owner=include&count=40CIK 1993485
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1993485/000199348526000004/Filed August 13, 2026 · accession 0001993485-26-000004