13F-HR 1 d13fhr.txt 13F HOLDINGS REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2007 Check here if Amendment [ ]; Amendment Number:______ This Amendment (Check only one.): [_] is a restatement. [_] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Hillsdale Investment Management Inc. Address: 100 Wellington Street West, Suite 2100, TD Centre, P.O. Box 228,Toronto, Ontario, Canada, M5K 1J3 Form 13F File Number: 28-11957 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Ian Pember Title: Vice President, Administration and Compliance Phone: 416-913-3920 Signature, Place, and Date of Signing: I. Pember Toronto, Ontario, Canada February 12, 2008 --------- ------------------------ ----------------- Report Type* (Check only one.): [X]13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [_]13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [_]13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) -------- * Reports Holdings for which confidential treatment is required. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 245 Form 13F Information Table Value Total: $119,130 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE
SHARES/ VOTING AUTORITY TITLE VALUE PRN SH/ PUT/ INVSTMT OTHER --------------------- NAME OF ISSUER OF CLASS CUSIP (x 1000's) AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE -------------- -------- --------- ---------- ------- --- ---- ------- -------- ------- ------ ------ 1800FLOWERS.COM COM 68243Q106 480 55,000 SH SOLE 55,000 ACCENTURE ORDINARY A COM G1150G111 249 6,900 SH SOLE 6,900 ACE ORD COM G0070K103 6 100 SH SOLE 100 ADMINISTAFF ORD COM 007094105 6 200 SH SOLE 200 ADOBE SYS ORD COM 00724F101 9 200 SH SOLE 200 ADV ENERGY INCM UN COM 00762L101 606 69,000 SH SOLE 69,000 AEROPOSTALE ORD COM 007865108 151 5,700 SH SOLE 5,700 AES ORD COM 00130H105 11 500 SH SOLE 500 AFLAC ORD COM 001055102 6 100 SH SOLE 100 AGRIUM ORD COM 008916108 801 11,100 SH SOLE 10,900 200 AIR PRODS & CHEM ORD COM 009158106 10 100 SH SOLE 100 AM PHYSICIANS ORD COM 028884104 1,219 29,400 SH SOLE 22,000 7,400 AMAZON COM ORD COM 023135106 148 1,600 SH SOLE 1,600 AMERICAN EXPRESS ORD COM 025816109 5 100 SH SOLE 100 AMPHENOL ORDINARY A COM 032095101 246 5,300 SH SOLE 5,300 AON ORD COM 037389103 229 4,800 SH SOLE 4,800 APACHE ORD COM 037411105 22 200 SH SOLE 200 APOLLO GROUP ORD COM 037604105 814 11,600 SH SOLE 11,600 APPLE INC COM 037833100 396 2,000 SH SOLE 2,000 ARCH CAPITAL GP ORD COM G0450A105 1,312 18,650 SH SOLE 14,050 4,600 ARIBA ORD COM 04033V203 708 63,500 SH SOLE 63,500 ASPEN TECH ORD COM 045327103 827 51,000 SH SOLE 51,000 ASSURANT INC ORDINARY COM 04621X108 201 3,000 SH SOLE 3,000 AUDIOVOX A ORD COM 050757103 19 1,500 SH SOLE 1,500 AUTOMATIC DATA ORD COM 053015103 9 200 SH SOLE 200 AXCAN PHARMA ORD COM 054923107 11,596 508,300 SH SOLE 488,800 19,500 AXSYS TECH ORD COM 054615109 649 17,700 SH SOLE 17,700 BALLY TECHNOLOGIES ORD COM 05874B107 1,014 20,400 SH SOLE 20,400 BANK OF NEW YORK MELLON CORP COM 064058100 20 400 SH SOLE 400 BARRICK GOLD ORD COM 067901108 1,105 26,300 SH SOLE 18,200 8,100 BAXTER INTL ORD COM 071813109 12 200 SH SOLE 200 BAYTEX ENERGY UNT COM 073176109 3,167 165,800 SH SOLE 165,800 BEST BUY ORD COM 086516101 5 100 SH SOLE 100 BIOGEN IDEC ORD COM 09062X103 74 1,300 SH SOLE 1,300 BIOVAIL ORD COM 09067J109 1,511 112,500 SH SOLE 111,700 800 BLACKROCK ORD COM 09247X101 22 100 SH SOLE 100 BLUE COAT SYS ORD COM 09534T508 496 15,100 SH SOLE 15,100 BMC SOFTWARE ORD COM 055921100 520 14,600 SH SOLE 14,600 BOTTOMLINE TECH ORD COM 101388106 916 65,400 SH SOLE 43,600 21,800 BRISTOL-MYERS SQUIBB CO COM 110122108 13 500 SH SOLE 500 BUCKEYE TECH ORD COM 118255108 306 24,500 SH SOLE 24,500 BUSINESS OBJECTS ADR COM 12328X107 18 300 SH SOLE 300 CA INC COM 12673P105 7 300 SH SOLE 300 CAMERON INTERNATIONAL ORD COM 13342B105 732 15,200 SH SOLE 15,200 CANADIAN IMPERIAL BANK COMMERCE ORD COM 136069101 851 12,000 SH SOLE 8,400 3,600 CENTENNIAL COMM ORD COM 15133V208 36 3,900 SH SOLE 3,900 CGI CLASS A ORD COM 39945C109 3,471 297,900 SH SOLE 297,900 CHARLES SCHWAB ORD COM 808513105 5 200 SH SOLE 200 CHART SEMICON ADR COM 16133R106 7 1,100 SH SOLE 1,100 CHECK PT SFTWRE ORD COM M22465104 11 500 SH SOLE 500 CHEVRONTEXACO ORD COM 166764100 28 300 SH SOLE 300 CHGO BRIDGE ADR COM 167250109 822 13,600 SH SOLE 13,600 CHUBB ORD COM 171232101 344 6,300 SH SOLE 6,300 CIENA ORD COM 171779309 7 200 SH SOLE 200 CINCINNATI BELL ORD COM 171871106 606 127,600 SH SOLE 127,600 CINCINNATI FIN ORD COM 172062101 40 1,000 SH SOLE 1,000 CISCO SYSTEMS ORD COM 17275R102 46 1,700 SH SOLE 1,700 COCA-COLA CO COM 191216100 25 400 SH SOLE 400 COLGATE ORD COM 194162103 16 200 SH SOLE 200 COMPTON PETE ORD COM 204940100 865 94,100 SH SOLE 94,100 CONOCOPHILLIPS ORD COM 20825C104 9 100 SH SOLE 100 CORINTHIAN COLL ORD COM 218868107 9 600 SH SOLE 600 CORUS ENTERTAIN ORD COM 220874101 2,327 47,900 SH SOLE 47,900 COSTCO WHOLESAL ORD COM 22160K105 7 100 SH SOLE 100 CUBIST PHARM ORD COM 229678107 779 38,000 SH SOLE 38,000 CYBERSOURCE ORD COM 23251J106 485 27,300 SH SOLE 27,300 DANAHER ORD COM 235851102 18 200 SH SOLE 200 DEERE & CO ORD COM 244199105 298 3,200 SH SOLE 3,200 DEVRY ORD COM 251893103 696 13,400 SH SOLE 13,400 DISCOVERY HLDG A ORD COM 25468Y107 211 8,400 SH SOLE 8,400 DISH NETWORK COM 25470M109 294 7,800 SH SOLE 7,800 DOLLAR TREE ORD COM 256747106 23 900 SH SOLE 900 EARTHLINK ORD COM 270321102 752 106,400 SH SOLE 65,000 41,400 EBAY ORD COM 278642103 249 7,500 SH SOLE 7,500 ELDORADO GOLD ORD COM 284902103 54 9,200 SH SOLE 9,200 ELI LILLY ORD COM 532457108 11 200 SH SOLE 200 EMC ORD COM 268648102 169 9,100 SH SOLE 9,100 ENCANA ORD COM 292505104 1,710 25,200 SH SOLE 25,200 Enterra Energy Units COM 29381P102 452 390,700 SH SOLE 390,700 EPIQ SYSTEMS ORD COM 26882D109 559 32,100 SH SOLE 32,100 ERESEARCHTECH ORD COM 29481V108 189 16,000 SH SOLE 16,000 EXPRESS SCRIPTS ORD COM 302182100 314 4,300 SH SOLE 4,300 EXTREME NETWRKS ORD COM 30226D106 686 193,800 SH SOLE 142,000 51,800 EXXON MOBIL ORD COM 30231G102 215 2,300 SH SOLE 2,300 FAIRFAX FINANCIAL HOLDINGS ORD COM 303901102 5,569 19,300 SH SOLE 19,300 FED INVESTORS ORDINARY B COM 314211103 794 19,300 SH SOLE 19,300 FLEXTRONICS INTL ORD COM Y2573F102 12 1,000 SH SOLE 1,000 FMC TECHNOLOGIES ORD COM 30249U101 505 8,900 SH SOLE 8,900 FORDING CAN UN COM 345425102 888 23,000 SH SOLE 23,000 FOSSIL ORD COM 349882100 886 21,100 SH SOLE 21,100 GAMCO INVESTORS ORD COM 361438104 830 12,000 SH SOLE 12,000 GAMMON GOLD INC COM 36467T106 751 93,800 SH SOLE 93,800 GAP ORD COM 364760108 289 13,600 SH SOLE 13,600
VOTING AUTORITY TITLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER ----------------------- NAME OF ISSUER OF CLASS CUSIP (x 1000's) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE -------------- -------- --------- ---------- --------- --- ---- ------- -------- --------- ------ ------ GENERAL DYNAMICS ORD COM 369550108 9 100 SH SOLE 100 GENZYME GEN ORD COM 372917104 15 200 SH SOLE 200 GILEAD SCIENCES ORD COM 375558103 285 6,200 SH SOLE 6,200 GLAXOSMITHKLINE ADR COM 37733W105 10 200 SH SOLE 200 GLOBECOMM SYS ORD COM 37956X103 149 12,700 SH SOLE 12,700 GOLDMAN SACHS ORD COM 38141G104 11 50 SH SOLE 50 GOOGLE ORD COM 38259P508 228 330 SH SOLE 330 GRAFTECH INTRNTL ORD COM 384313102 621 35,000 SH SOLE 35,000 GRANT PRIDECO ORD COM 38821G101 39 700 SH SOLE 700 GSI COMMERCE ORD COM 36238G102 466 23,900 SH SOLE 23,900 GSI GROUP ORD COM 36229U102 31 3,400 SH SOLE 3,400 HARTFORD FINL ORD COM 416515104 9 100 SH SOLE 100 HARVEST ENERGY UN COM 41752X101 37 1,800 SH SOLE 1,800 HECLA MINING ORD COM 422704106 496 53,000 SH SOLE 53,000 HEIDRICK STRUGG ORD COM 422819102 67 1,800 SH SOLE 1,800 HERMAN MILLER ORD COM 600544100 343 10,600 SH SOLE 10,600 HESS ORD COM 42809H107 10 100 SH SOLE 100 HEWLETT PACKARD ORD COM 428236103 10 200 SH SOLE 200 HONEYWELL INTL ORD COM 438516106 154 2,500 SH SOLE 2,500 HUDSON CITY BCP ORD COM 443683107 296 19,700 SH SOLE 19,700 HUTCHINSON TECH ORD COM 448407106 603 22,900 SH SOLE 22,900 IMCLONE ORD COM 45245W109 4 100 SH SOLE 100 INFORMATICA ORD COM 45666Q102 660 36,600 SH SOLE 36,600 INTEGRATED DVC ORD COM 458118106 5 400 SH SOLE 400 INTEL ORD COM 458140100 16 600 SH SOLE 600 INTERACT INTELL ORD COM 45839M103 229 8,700 SH SOLE 8,700 INTERDIGITAL INC COM 45867G101 261 11,200 SH SOLE 1,900 9,300 INTEROIL ORD COM 460951106 39 2,000 SH SOLE 2,000 INTERSIL A ORD COM 46069S109 157 6,400 SH SOLE 6,400 INTERWOVEN ORD COM 46114T508 280 19,700 SH SOLE 2,800 16,900 INTUITIVE SURGCL ORD COM 46120E602 872 2,700 SH SOLE 2,700 INVITROGEN ORD COM 46185R100 897 9,600 SH SOLE 9,600 iSHARES BRAZIL ETF COM 464286400 81 1,000 SH SOLE 1,000 iSHARES FTSE CHNA ETF COM 464287184 34 200 SH SOLE 200 iSHARES MSCI GER ETF COM 464286806 71 2,000 SH SOLE 2,000 ISHARES MSCI KORE ETF COM 464286772 71 1,100 SH SOLE 1,100 iSHARES MSCI MAL ETF COM 464286830 79 6,200 SH SOLE 6,200 iSHARES MSCI SNG ETF COM 464286673 68 4,900 SH SOLE 4,900 ISHARES SOUT AFR ETF COM 464286780 65 500 SH SOLE 500 ITT EDUCATIONAL SERVICES INC COM 45068B109 648 7,600 SH SOLE 7,600 JANUS CAPITAL ORD COM 47102X105 696 21,200 SH SOLE 21,200 JUNIPER NETWRKS ORD COM 48203R104 166 5,000 SH SOLE 5,000 KANSAS CITY STHN ORD COM 485170302 10 300 SH SOLE 300 KEYNOTE SYSTEMS ORD COM 493308100 4 300 SH SOLE 300 KON PHILIPS ADR COM 500472303 13 300 SH SOLE 300 KULICKE & SOFFA ORD COM 501242101 5 800 SH SOLE 800 L 3 COMMS HLDGS ORD COM 502424104 32 300 SH SOLE 300 LAM RESEARCH ORD COM 512807108 39 900 SH SOLE 900 LAWSON SOFTWARE ORD COM 52078P102 433 42,300 SH SOLE 42,300 MAD CATZ INTER ORD COM 556162105 1,365 1,170,000 SH SOLE 1,170,000 MAGMA DESIGN ORD COM 559181102 385 31,500 SH SOLE 31,500 MAGNA INTERNATIONAL CLASS A ORD COM 559222401 830 10,300 SH SOLE 10,200 100 MANITOWOC ORD COM 563571108 654 13,400 SH SOLE 13,400 MANULIFE FINL ORD COM 56501R106 326 8,000 SH SOLE 8,000 MARTEK BIOSCI ORD COM 572901106 1,201 40,600 SH SOLE 30,800 9,800 MARVEL ENTRTNMNT ORD COM 57383T103 975 36,500 SH SOLE 26,000 10,500 MASSEY ENERGY ORD COM 576206106 1,434 40,100 SH SOLE 31,800 8,300 MCDONALDS ORD COM 580135101 230 3,900 SH SOLE 3,900 MCKESSON CORP ORD COM 58155Q103 7 100 SH SOLE 100 MCMORAN EXPLOR ORD COM 582411104 458 35,000 SH SOLE 35,000 MEMC ELECTRONIC ORD COM 552715104 425 4,800 SH SOLE 4,800 MERCK & CO ORD COM 589331107 17 300 SH SOLE 300 MERCURY COMPUTER ORD COM 589378108 619 38,400 SH SOLE 38,400 METHANEX ORD COM 59151K108 1,835 66,228 SH SOLE 66,228 METLIFE ORD COM 59156R108 12 200 SH SOLE 200 METTLER TOLEDO ORD COM 592688105 11 100 SH SOLE 100 MGI PHARM ORD COM 552880106 49 1,200 SH SOLE 1,200 MICROSOFT ORD COM 594918104 164 4,600 SH SOLE 4,600 MICROSTRATEGY ORD COM 594972408 428 4,500 SH SOLE 4,500 MILLENNIUM PHARM ORD COM 599902103 15 1,000 SH SOLE 1,000 MONSANTO ORD COM 61166W101 179 1,600 SH SOLE 1,600 MOSAIC ORD COM 61945A107 198 2,100 SH SOLE 2,100 NBTY ORD COM 628782104 27 1,000 SH SOLE 1,000 NETSCOUT SYSTMS ORD COM 64115T104 646 50,600 SH SOLE 50,600 NETWK APPLIANCE ORD COM 64120L104 5 200 SH SOLE 200 NEWMONT MINING ORD COM 651639106 10 200 SH SOLE 200 NIKE ORDINARY B COM 654106103 19 300 SH SOLE 300 NOBLE ENERGY ORD COM 655044105 16 200 SH SOLE 200 NOKIA ADR COM 654902204 19 500 SH SOLE 500 NORTEL NETWORKS ORD COM 656568508 788 52,300 SH SOLE 52,300 NORTHERN TRUST ORD COM 665859104 15 200 SH SOLE 200 NOVO NORDISK ADR COM 670100205 13 200 SH SOLE 200 NTL OILWELL VARC ORD COM 637071101 169 2,300 SH SOLE 2,300 NUANCE COMMUNICATIONS ORD COM 67020Y100 424 22,700 SH SOLE 22,700 NVIDIA ORD COM 67066G104 7 200 SH SOLE 200 OPEN TEXT ORD COM 683715106 6,903 218,800 SH SOLE 218,800 ORACLE ORD COM 68389X105 9 400 SH SOLE 400 OSI PHARMACEUT ORD COM 671040103 810 16,700 SH SOLE 16,700 PERICOM SEMICON ORD COM 713831105 580 31,000 SH SOLE 31,000 PETRO CANADA ORD COM 71644E102 910 17,000 SH SOLE 16,900 100 PFIZER ORD COM 717081103 57 2,500 SH SOLE 2,500 PLAYBOY ENTER ORDINARY B COM 728117300 154 16,900 SH SOLE 16,900 PLEXUS ORD COM 729132100 11 400 SH SOLE 400 PMA CAPITAL A ORD COM 693419202 4 500 SH SOLE 500 PMC SIERRA ORD COM 69344F106 375 57,400 SH SOLE 57,400 POTASH SASKATCHE ORD COM 73755L107 1,651 11,450 SH SOLE 11,450 PRAXAIR ORD COM 74005P104 18 200 SH SOLE 200
SHARES/ VOTING AUTORITY TITLE VALUE PRN SH/ PUT/ INVSTMT OTHER --------------------- NAME OF ISSUER OF CLASS CUSIP (x 1000's) AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE -------------- -------- --------- ---------- ------- --- ---- ------- -------- ------- ------ ------ PRESSTEK ORD COM 741113104 496 96,800 SH SOLE 96,800 PRICELINE COM ORD COM 741503403 1,620 14,100 SH SOLE 10,300 3,800 PRINCIPAL FINL ORD COM 74251V102 21 300 SH SOLE 300 PRUDENTIAL FINL ORD COM 744320102 186 2,000 SH SOLE 2,000 QLOGIC ORD COM 747277101 9 600 SH SOLE 600 QUICKSILVER RSCS ORD COM 74837R104 179 3,000 SH SOLE 3,000 RAYTHEON ORD COM 755111507 12 200 SH SOLE 200 RESEARCH IN MOTION ORD COM 760975102 1,335 11,800 SH SOLE 11,800 RF MICRO DEVICES ORD COM 749941100 9 1,500 SH SOLE 1,500 RITCHIE BROS AUC ORDINARY COM 767744105 555 6,700 SH SOLE 6,700 ROGERS COMS B ORD COM 775109200 5,392 119,200 SH SOLE 110,000 9,200 S1 ORD COM 78463B101 7 1,000 SH SOLE 1,000 SCHOLASTIC ORD COM 807066105 569 16,300 SH SOLE 16,300 SCHOOL SPECIALTY ORD COM 807863105 10 300 SH SOLE 300 SEMTECH ORD COM 816850101 36 2,300 SH SOLE 2,300 SHAW COMMUNICATIONS CLASS B ORD COM 82028K200 5,217 219,500 SH SOLE 201,500 18,000 SIERRA WIRELESS ORD COM 826516106 40 2,700 SH SOLE 2,700 SILVER WHEATON ORDINARY COM 828336107 2 100 SH SOLE 100 SINA CORP ORD COM G81477104 13 300 SH SOLE 300 SNAP ON ORD COM 833034101 458 9,500 SH SOLE 9,500 SPX ORD COM 784635104 699 6,800 SH SOLE 6,800 SRA INTL ORDINARY A COM 78464R105 613 20,800 SH SOLE 20,800 STAMPS COM ORD COM 852857200 596 48,900 SH SOLE 48,900 STATE STREET ORD COM 857477103 16 200 SH SOLE 200 SUNCOR ENERGY ORD COM 867229106 835 7,700 SH SOLE 7,700 SYMANTEC ORD COM 871503108 32 2,000 SH SOLE 2,000 SYNAPTICS ORD COM 87157D109 37 900 SH SOLE 900 T ROWE PRICE GP ORD COM 74144T108 6 100 SH SOLE 100 TD AMERITRADE ORD COM 87236Y108 54 2,700 SH SOLE 2,700 TECK COMINCO CL B ORD COM 878742204 28 800 SH SOLE 800 TERRA INDUSTRIES ORD COM 880915103 10 200 SH SOLE 200 TEXTRON ORD COM 883203101 14 200 SH SOLE 200 TIBCO SOFTWARE ORD COM 88632Q103 7 900 SH SOLE 900 TIFFANY ORD COM 886547108 9 200 SH SOLE 200 TIME WARNER ORD COM 887317105 12 700 SH SOLE 700 TORONTO DOMINION ORD COM 891160509 804 11,500 SH SOLE 11,500 TRANSCANADA CORP ORD COM 89353D107 22 550 SH SOLE 550 TRIQUINT SEMI ORD COM 89674K103 707 106,600 SH SOLE 106,600 ULTRALIFE BATTER ORD COM 903899102 981 48,700 SH SOLE 48,700 UNITEDHEALTH GRP ORD COM 91324P102 12 200 SH SOLE 200 UNUM GROUP COM 91529Y106 140 5,900 SH SOLE 5,900 UTD THERAPEUT ORD COM 91307C102 713 7,300 SH SOLE 7,300 VAIL RESORTS ORD COM 91879Q109 301 5,600 SH SOLE 5,600 VIGNETTE ORDINARY. COM 926734401 37 2,500 SH SOLE 2,500 VIROPHARMA ORD COM 928241108 310 39,100 SH SOLE 21,300 17,800 VODAFONE GROUP ADR COM 92857W209 7 200 SH SOLE 200 WAL MART STORES ORD COM 931142103 10 200 SH SOLE 200 WALT DISNEY ORD COM 254687106 15 450 SH SOLE 450 WESTERN DIGITAL ORD COM 958102105 6 200 SH SOLE 200 WR BERKLEY ORD COM 084423102 757 25,400 SH SOLE 25,400 WW GRAINGER ORD COM 384802104 9 100 SH SOLE 100 WYNN RESORTS ORD COM 983134107 11 100 SH SOLE 100 YAMANA GOLD ORD COM 98462Y100 60 4,600 SH SOLE 4,600 YUM BRANDS ORD COM 988498101 15 400 SH SOLE 400 ZOLTEK COS ORD COM 98975W104 905 21,100 SH SOLE 15,900 5,200