Baskin Services is an investment fund managing more than $1.17 billion ran by David Baskin. There are currently 47 companies in Mr. Baskin’s portfolio. The largest investments include Apple Inc and Microsoft, together worth $141 million.
As of 17th July 2024, Baskin Services’s top holding is 351,339 shares of Apple Inc currently worth over $74 million and making up 6.3% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Baskin Services owns more than approximately 0.1% of the company.
In addition, the fund holds 150,699 shares of Microsoft worth $67.4 million, whose value grew 8.6% in the past six months.
The third-largest holding is Alphabet Inc worth $66.7 million and the next is Costco Wholesale Corp worth $60.6 million, with 71,300 shares owned.
Currently, Baskin Services's portfolio is worth at least $1.17 billion. 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.
The Baskin Services office and employees reside in Toronto, Ontario, Canada. According to the last 13-F report filed with the SEC, David Baskin serves as the Chairman and president at Baskin Services.
In the most recent 13F filing, Baskin Services revealed that it had opened a new position in
MSCI Inc and bought 72,290 shares worth $34.8 million.
This means they effectively own approximately 0.1% of the company.
MSCI Inc makes up
63.9%
of the fund's Finance sector allocation and has grown its share price by 0.7% in the past year.
The investment fund also strengthened its position in Brookfield Corporation by buying
3,023 additional shares.
This makes their stake in Brookfield Corporation total 932,007 shares worth $38.8 million.
On the other hand, there are companies that Baskin Services is getting rid of from its portfolio.
Baskin Services closed its position in Blackrock on 24th July 2024.
It sold the previously owned 44,170 shares for $36.8 million.
David Baskin also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $74 million and 351,339 shares.
The two most similar investment funds to Baskin Services are Rbc Capital Markets Arbitrage and Lee Danner & Bass Inc. They manage $1.17 billion and $1.17 billion respectively.
Baskin Services’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 21.7% of
the total portfolio value.
The fund focuses on investments in the United States as
36.2% 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
55% of the total holdings value.
On the other hand, small-cap stocks make up only 4.3% of the portfolio.
The average market cap of the portfolio companies is close to $267 billion.
These positions were updated on July 24th 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 |
|---|---|---|---|
| Apple Inc |
8.46%
351,339
|
$73,999,000 | 6.34% |
| Microsoft Corporation |
9.50%
150,699
|
$67,355,000 | 5.77% |
| Alphabet Inc |
7.98%
363,440
|
$66,662,000 | 5.71% |
| Costco Wholesale Corp |
4.68%
71,300
|
$60,604,000 | 5.19% |
| TFI International Inc |
4.62%
415,902
|
$60,367,000 | 5.17% |
| Waste Connections Inc C$ |
3.16%
296,502
|
$52,003,000 | 4.45% |
| Ferrari N.V. |
2.65%
115,356
|
$47,108,000 | 4.03% |
| Visa Inc. Cls A |
2.39%
177,711
|
$46,644,000 | 3.99% |
| Amazon.com Inc. |
0.72%
239,737
|
$46,329,000 | 3.97% |
| Moody's Corp |
3.09%
109,449
|
$46,070,000 | 3.94% |
| Copart, Inc. |
1.41%
752,332
|
$40,746,000 | 3.49% |
| Domino's Pizza, Inc. |
0.33%
75,787
|
$39,131,000 | 3.35% |
| Brookfield Corporation |
0.33%
932,007
|
$38,750,000 | 3.32% |
| Netflix Inc. |
1.28%
56,955
|
$38,438,000 | 3.29% |
| FirstService Corp |
0.78%
249,855
|
$38,011,000 | 3.25% |
| Stryker Corp. |
1.72%
110,597
|
$37,631,000 | 3.22% |
| Blackrock Inc. |
Closed
44,170
|
$36,825,000 | |
| MSCI Inc |
Opened
72,290
|
$34,826,000 | 2.98% |
| Canadian Natural Resources Ltd. |
102.99%
970,468
|
$34,555,000 | 2.96% |
| Berkshire Hathaway B |
1.65%
84,212
|
$34,257,000 | 2.93% |
| Watsco Inc. |
0.84%
66,409
|
$30,763,000 | 2.63% |
| Live Nation Entertainment Inc |
4.10%
322,019
|
$30,186,000 | 2.58% |
| Adobe Systems Inc. |
3.50%
53,699
|
$29,832,000 | 2.55% |
| Canadian National Railway Co. |
2.74%
249,092
|
$29,424,000 | 2.52% |
| Restaurant Brands International Inc |
14.03%
327,442
|
$23,065,000 | 1.97% |
| Garmin Ltd |
19.73%
135,679
|
$22,105,000 | 1.89% |
| Floor & Decor Holdings Inc |
0.08%
216,122
|
$21,485,000 | 1.84% |
| Costar Group, Inc. |
8.73%
280,680
|
$20,810,000 | 1.78% |
| Brookfield Asset Management Ltd |
5.28%
298,692
|
$11,367,000 | 0.97% |
| Brookfield Infrast. Partners Lp C$ |
14.82%
374,315
|
$10,279,000 | 0.88% |
| Royal Bank Of Canada |
6.07%
72,409
|
$7,706,000 | 0.66% |
| Pembina Pipeline Corporation |
0.06%
192,607
|
$7,144,000 | 0.61% |
| Granite Real Estate Investment Trust |
7.97%
98,414
|
$4,875,000 | 0.42% |
| American Tower Corp. |
1.98%
24,596
|
$4,781,000 | 0.41% |
| Telus Corp. |
Closed
277,769
|
$4,443,000 | |
| Alphabet Inc |
4.27%
12,992
|
$2,366,000 | 0.20% |
| Vanguard Short-term Corporate Bond Etf |
11.71%
23,643
|
$1,827,000 | 0.16% |
| Brookfield Infrastructure Corp Sub Vt |
19.26%
43,797
|
$1,474,000 | 0.13% |
| TJX Companies, Inc. |
No change
11,080
|
$1,220,000 | 0.10% |
| Toronto Dominion Bank |
89.36%
11,552
|
$635,000 | 0.05% |
| Mastercard Inc Class A |
1.08%
1,380
|
$609,000 | 0.05% |
| Invesco QQQ Trust |
57.02%
980
|
$470,000 | 0.04% |
| Enbridge Inc |
8.57%
11,726
|
$417,000 | 0.04% |
| Jp Morgan Chase & Co |
2.41%
1,956
|
$396,000 | 0.03% |
| Meta Platforms Inc |
No change
755
|
$381,000 | 0.03% |
| BCE Inc |
Closed
9,092
|
$309,000 | |
| Bank of Montreal |
28.40%
3,172
|
$266,000 | 0.02% |
| Bank Of Nova Scotia |
Closed
4,422
|
$229,000 | |
| Vanguard Total Bond Market Etf |
No change
3,185
|
$229,000 | 0.02% |
| Vanguard Short-term Bond Index Fund Etf |
No change
2,945
|
$226,000 | 0.02% |
| Ishares S&p 500 Index U$ |
Opened
390
|
$213,000 | 0.02% |
| Algonquin Power And Utilities |
Closed
10,722
|
$68,000 | |
| No transactions found | |||
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