HILLSDALE INVESTMENT MANAGEMENT INC
Q2 2022 Form 13-F

TORONTO, ONTARIO, CANADA
CIK 0001368465 · CRD 137883 · SEC-registered investment adviser
$1.2B Reported Value Total

HILLSDALE INVESTMENT MANAGEMENT INC. reports 136 total accounts under management (AUM). There are 136 discretionary accounts valued at $3,165,941,835, and 0 non-discretionary accounts.

Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
SEC Registered Discretionary Manager
Firm Brochure (Part 2A) Client Relationship Summary (Form CRS)
Private funds (Form ADV)
11 funds · $1.4B gross asset value
Hedge Fund: $1.4B · Other: $9.2M
Source: Form ADV filed 2026-08-19
Reported value
$1.2B
Quarter over quarter
-14.5%
Holdings
534
Top-10 concentration
21.2%

Filing Structure

Reports holdings for

Key People

Form ADV owners & control persons
Albert Christopher Guthrie
CHIEF EXECUTIVE OFFICER
Harry Samuel Marmer
EXECUTIVE VICE-PRESIDENT
Theodore (tai-Chun) Chen
CO-CHIEF INVESTMENT OFFICER
Q1 2022
Q3 2022
Go to latest

Coverage begins with the second quarter of 2013. Earlier quarters are not shown while their accuracy is being verified.

Loading 13F Metrics

Q2 2022 13F filing summary

Period of report June 30, 2022
Filed August 12, 2022
Form 13F-HR
Reported value $1.2B
Positions 534
Change in reported value -19.4%
New positions 94
Exited positions 104
Position turnover 31.0%
Top-10 concentration 21.2%

13F filings by quarter

Quarter Positions Value
Q2 2026 13F
Filed Aug 12, 2026
 646 $4.4B
Q1 2026 13F
Filed May 4, 2026
 654 $3.7B
Q4 2025 13F
Filed Feb 10, 2026
 652 $3.6B
Q3 2025 13F
Filed Nov 10, 2025
 635 $3.3B
Q2 2025 13F
Filed Aug 12, 2025
 612 $2.7B
Q1 2025 13F
Filed May 9, 2025
 592 $2.0B
Q4 2024 13F
Filed Feb 11, 2025
 575 $2.0B
Q3 2024 13F
Filed Nov 12, 2024
 585 $1.3B
Q2 2024 13F
Filed Aug 13, 2024
 574 $1.3B
Q1 2024 13F
Filed May 10, 2024
 583 $1.3B
Q4 2023 13F
Filed Feb 9, 2024
 560 $1.2B
Q3 2023 13F
Filed Nov 9, 2023
 560 $1.1B
Q2 2023 13F
Filed Aug 11, 2023
 551 $1.1B
Q1 2023 13F
Filed May 10, 2023
 551 $1.2B
Q4 2022 13F
Filed Feb 13, 2023
 545 $1.2B
Q3 2022 13F
Filed Nov 10, 2022
 534 $1.1B
Q2 2022 13F
Filed Aug 12, 2022
 534 $1.2B
Q1 2022 13F
Filed Apr 28, 2022
 545 $1.5B
Q4 2021 13F
Filed Feb 7, 2022
 552 $1.5B
Q3 2021 13F
Filed Oct 21, 2021
 550 $1.3B

33 earlier quarters on file — choose one from the quarter menu above.

Top 20 holdings · Q2 2022

# Holding Reported value % of portfolio
1 BMO BANK MONTREAL QUE $32.0M 2.57%
2 CLSXXXX CELESTICA INC SUB VTG SHS $30.4M 2.43%
3 CNQ CANADIAN NAT RES LTD $28.1M 2.25%
4 BNS BANK NOVA SCOTIA B C $27.1M 2.17%
5 NTR NUTRIEN LTD $26.0M 2.08%
6 RY ROYAL BK CDA COM $26.0M 2.08%
7 SU SUNCOR ENERGY INC NEW $25.9M 2.08%
8 TD TORONTO DOMINION BK ONT $25.9M 2.07%
9 CVE CENOVUS ENERGY INC COM $22.8M 1.82%
10 SWIR SIERRA WIRELESS INC $20.2M 1.62%
11 IMO IMPERIAL OIL LTD $20.1M 1.61%
12 BAMXXXX BROOKFIELD ASSET MGMT INC CL A $18.8M 1.5%
13 VET VERMILION ENERGY INC COM $16.6M 1.33%
14 MEOH METHANEX CORP COM $14.3M 1.14%
15 CM CANADIAN IMPERIAL BK COMM TO $14.0M 1.12%
16 CNI CANADIAN NATL RY CO COM $13.5M 1.08%
17 WFG WEST FRASER TIMBER CO LTD COM $13.4M 1.07%
18 OBE OBSIDIAN ENERGY LTD COM $12.0M 0.96%
19 TECK TECK RESOURCES LTD CL B $11.6M 0.93%
20 OVV OVINTIV INC COM $11.2M 0.9%

Values as reported on the Q2 2022 Form 13F. Every position is in the holdings table below.

Loading Activities
Loading Sector Allocation
Crunching numbers
Loading Performance
Finding Potential New Buys
Building table
Loading SEC filing data
Loading Form 4 Filings
Loading 13D/G filings