# Dixon Mitchell Investment Counsel Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1993485. Source: https://holderbook.com/funds/1993485-dixon-mitchell-investment-counsel-inc/

- Reported value: $3.1B
- Positions: 144
- Weight of the ten largest: 44.5%
- Filed: 2026-08-13

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| TORONTO DOMINION BK ONT | [TD](https://holderbook.com/stocks/TD/) | $193.5M | 1,591,641 | 6.3% | 79 |
| ROYAL BK CDA | [RY](https://holderbook.com/stocks/RY/) | $178.3M | 861,023 | 5.8% | 69 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $143.5M | 400,684 | 4.7% | 41 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $137.8M | 401,205 | 4.5% | 65 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $134.1M | 267,762 | 4.4% | 43 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $132.6M | 355,109 | 4.3% | 79 |
| TFI INTERNATIONAL INC | [TFII](https://holderbook.com/stocks/TFII/) | $120.0M | 833,692 | 3.9% | 26 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $111.7M | 222,498 | 3.6% | 54 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $110.1M | 978,187 | 3.6% | 18 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $107.4M | 1,112,546 | 3.5% | 15 |
| AMETEK INC | [AME](https://holderbook.com/stocks/AME/) | $99.9M | 413,030 | 3.2% | 10 |
| BROOKFIELD INFRASTRUCTURE PA | [BIP](https://holderbook.com/stocks/BIP/) | $91.4M | 2,502,674 | 3.0% | 54 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $90.2M | 732,247 | 2.9% | 23 |
| METHANEX CORP | [MEOH](https://holderbook.com/stocks/MEOH/) | $88.5M | 1,917,382 | 2.9% | 26 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $87.0M | 2,038,905 | 2.8% | 15 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $77.2M | 258,730 | 2.5% | 22 |
| HEICO CORP NEW | [HEI](https://holderbook.com/stocks/HEI/) | $75.1M | 210,971 | 2.4% | 6 |
| CANADIAN NAT RES LTD MED TER | [CNQ](https://holderbook.com/stocks/CNQ/) | $74.2M | 1,854,339 | 2.4% | 62 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $70.5M | 295,677 | 2.3% | 21 |
| BOYD GROUP SERVICES INC | [BGSI](https://holderbook.com/stocks/BGSI/) | $68.9M | 726,545 | 2.2% | 3 |
| SPOTIFY TECHNOLOGY S A | [SPOT](https://holderbook.com/stocks/SPOT/) | $64.1M | 139,646 | 2.1% | 2 |
| DOMINOS PIZZA INC | [DPZ](https://holderbook.com/stocks/DPZ/) | $60.5M | 204,298 | 2.0% | 15 |
| CANADIAN NATL RY CO | [CNI](https://holderbook.com/stocks/CNI/) | $59.0M | 494,412 | 1.9% | 78 |
| ROPER TECHNOLOGIES INC | [ROP](https://holderbook.com/stocks/ROP/) | $51.0M | 150,754 | 1.7% | 38 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $43.2M | 76,662 | 1.4% | 6 |
| TRIPLE FLAG PRECIOUS METAL | [TFPM](https://holderbook.com/stocks/TFPM/) | $38.2M | 1,276,890 | 1.2% | 16 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $36.8M | 509,439 | 1.2% | 3 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $35.6M | 186,233 | 1.2% | 54 |
| CARLISLE COS INC | [CSL](https://holderbook.com/stocks/CSL/) | $32.3M | 89,063 | 1.1% | 36 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $31.3M | 203,938 | 1.0% | 8 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $29.5M | 89,984 | 1.0% | 43 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $29.5M | 75,600 | 1.0% | 45 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $28.4M | 397,083 | 0.9% | 18 |
| THOMSON REUTERS CORP | [TRI](https://holderbook.com/stocks/TRI/) | $26.1M | 320,163 | 0.9% | 1 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $25.6M | 68,177 | 0.8% | 3 |
| DESCARTES SYS GROUP INC | [DSGX](https://holderbook.com/stocks/DSGX/) | $24.4M | 351,850 | 0.8% | 5 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $23.5M | 106,145 | 0.8% | 42 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $18.8M | 216,511 | 0.6% | 13 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $18.5M | 10,910 | 0.6% | 4 |
| WASTE CONNECTIONS INC | [WCN](https://holderbook.com/stocks/WCN/) | $18.1M | 108,357 | 0.6% | 25 |
| APPLOVIN CORP | [APP](https://holderbook.com/stocks/APP/) | $15.2M | 29,431 | 0.5% | 1 |
| SEA LTD | [SE](https://holderbook.com/stocks/SE/) | $14.5M | 151,130 | 0.5% | 3 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $12.4M | 24,142 | 0.4% | 45 |
| GENMAB A/S | [GMAB](https://holderbook.com/stocks/GMAB/) | $11.4M | 416,000 | 0.4% | 1 |
| HDFC BANK LTD | [HDB](https://holderbook.com/stocks/HDB/) | $11.2M | 434,000 | 0.4% | 2 |
| GRUPO AEROPORTUNARIO DEL PAC | [PAC](https://holderbook.com/stocks/PAC/) | $10.8M | 42,500 | 0.3% | 2 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $10.4M | 66,500 | 0.3% | 1 |
| CERTARA INC | [CERT](https://holderbook.com/stocks/CERT/) | $10.1M | 1,545,956 | 0.3% | 4 |
| API GROUP CORP | [APG](https://holderbook.com/stocks/APG/) | $9.8M | 232,387 | 0.3% | 1 |
| UNILEVER PLC | [UL](https://holderbook.com/stocks/UL/) | $9.6M | 160,400 | 0.3% | 1 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $9.2M | 80,186 | 0.3% | 9 |
| ICICI BANK LIMITED | [IBN](https://holderbook.com/stocks/IBN/) | $8.8M | 303,500 | 0.3% | 2 |
| COLLIERS INTL GROUP INC | [CIGI](https://holderbook.com/stocks/CIGI/) | $7.4M | 79,011 | 0.2% | 42 |
| UBS GROUP AG | [UBS](https://holderbook.com/stocks/UBS/) | $7.2M | 146,000 | 0.2% | 1 |
| RIO TINTO PLC | [RIO](https://holderbook.com/stocks/RIO/) | $6.9M | 72,200 | 0.2% | 2 |
| ATS CORPORATION | [ATS](https://holderbook.com/stocks/ATS/) | $6.1M | 211,025 | 0.2% | 13 |
| EQUINOR ASA | [EQNR](https://holderbook.com/stocks/EQNR/) | $3.2M | 101,900 | 0.1% | 1 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $3.2M | 40,700 | 0.1% | 1 |
| PETROLEO BRASILEIRO S A | [PBR](https://holderbook.com/stocks/PBR/) | $3.1M | 191,000 | 0.1% | 1 |
| TOTALENERGIES SE | [TTE](https://holderbook.com/stocks/TTE/) | $3.0M | 38,000 | 0.1% | 1 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.4M | 1,227 | 0.0% | 3 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $1.4M | 14,277 | 0.0% | 10 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.0M | 2,905 | 0.0% | 24 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $878.9K | 1,174 | 0.0% | 12 |
| BANK NOVA SCOTIA B C | [BNS](https://holderbook.com/stocks/BNS/) | $653.4K | 7,004 | 0.0% | 79 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $467.9K | 3,351 | 0.0% | 3 |
| BANK MONTREAL MEDIUM | [BMO](https://holderbook.com/stocks/BMO/) | $425.6K | 2,409 | 0.0% | 3 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $370.6K | 981 | 0.0% | 3 |
| SUN LIFE FINANCIAL INC. | [SLF](https://holderbook.com/stocks/SLF/) | $363.3K | 4,629 | 0.0% | 7 |
| MANULIFE FINL CORP | [MFC](https://holderbook.com/stocks/MFC/) | $345.9K | 8,125 | 0.0% | 79 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $327.4K | 273 | 0.0% | 3 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $311.9K | 537 | 0.0% | 3 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $305.2K | 1,965 | 0.0% | 3 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $294.0K | 5,250 | 0.0% | 10 |
| TC ENERGY CORP | [TRP](https://holderbook.com/stocks/TRP/) | $269.2K | 4,029 | 0.0% | 3 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $261.7K | 1,308 | 0.0% | 3 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $236.2K | 201 | 0.0% | 3 |
| FIRST HORIZON CORPORATION | [FHN](https://holderbook.com/stocks/FHN/) | $230.7K | 8,940 | 0.0% | 3 |
| MONGODB INC | [MDB](https://holderbook.com/stocks/MDB/) | $228.7K | 681 | 0.0% | 3 |
| KINROSS GOLD CORP | [KGC](https://holderbook.com/stocks/KGC/) | $218.6K | 9,237 | 0.0% | 3 |
| SUNCOR ENERGY INC NEW | [SU](https://holderbook.com/stocks/SU/) | $179.9K | 3,345 | 0.0% | 14 |
| NUTRIEN LTD | [NTR](https://holderbook.com/stocks/NTR/) | $172.3K | 2,717 | 0.0% | 34 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $169.3K | 357 | 0.0% | 55 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $153.6K | 1,584 | 0.0% | 3 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $152.5K | 804 | 0.0% | 2 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $148.4K | 357 | 0.0% | 3 |
| ADVANCED DRAIN SYS INC DEL | [WMS](https://holderbook.com/stocks/WMS/) | $147.9K | 942 | 0.0% | 3 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $146.8K | 969 | 0.0% | 3 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $146.3K | 729 | 0.0% | 2 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $144.6K | 1,436 | 0.0% | 9 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $126.9K | 211 | 0.0% | 56 |
| TECK RESOURCES LTD | [TECK](https://holderbook.com/stocks/TECK/) | $125.2K | 2,103 | 0.0% | 3 |
| EXPAND ENERGY CORPORATION | [EXE](https://holderbook.com/stocks/EXE/) | $124.5K | 1,365 | 0.0% | 3 |
| TAKE-TWO INTERACTIVE SOFTWAR | [TTWO](https://holderbook.com/stocks/TTWO/) | $117.7K | 471 | 0.0% | 3 |
| ISHARES TR | [OEF](https://holderbook.com/stocks/OEF/) | $116.3K | 318 | 0.0% | 10 |
| PEMBINA PIPELINE CORP | [PBA](https://holderbook.com/stocks/PBA/) | $115.9K | 2,505 | 0.0% | 3 |
| CAMECO CORP | [CCJ](https://holderbook.com/stocks/CCJ/) | $111.9K | 1,098 | 0.0% | 3 |
| REGAL REXNORD CORPORATION | [RRX](https://holderbook.com/stocks/RRX/) | $110.9K | 465 | 0.0% | 3 |
| ALCON AG | [ALC](https://holderbook.com/stocks/ALC/) | $110.9K | 1,653 | 0.0% | 3 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $109.2K | 651 | 0.0% | 3 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +5.4% | +14.8% | -9.4% | 100% |
| Q1 2026 | -4.0% | -4.6% | +0.6% | 100% |
| Q4 2025 | +4.4% | +2.4% | +2.1% | 100% |
| Q3 2025 | +4.1% | +7.8% | -3.7% | 100% |
| Q2 2025 | +8.6% | +10.5% | -1.8% | 100% |
| Q1 2025 | -1.9% | -4.6% | +2.7% | 100% |
| Q4 2024 | -1.1% | +2.1% | -3.3% | 100% |
| Q3 2024 | +6.9% | +5.4% | +1.5% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $3.1B | 144 |
| Q1 2026 | $2.9B | 140 |
| Q4 2025 | $3.0B | 145 |
| Q3 2025 | $2.8B | 75 |
| Q2 2025 | $2.6B | 70 |
| Q1 2025 | $2.2B | 103 |
| Q4 2024 | $2.2B | 115 |
| Q3 2024 | $2.2B | 91 |
| Q2 2024 | $2.0B | 161 |
| Q1 2024 | $2.0B | 184 |
| Q4 2023 | $1.9B | 57 |
| Q3 2023 | $1.7B | 59 |