Leith Wheeler Investment Counsel
VANCOUVER, A1files as Leith Wheeler Investment Counsel Ltd.
$1.3bn in 85 US stocks at the end of 30 June 2026. The top 10 are 56.9% of the money. It changed about 11.0% of the portfolio this quarter.
Value
$1.3bn
Stocks
85
Top 10 share
56.9%
Turnover
11.0%
What changed this quarter
New
Bought for the first time this quarter.
- CarnivalCCL1.6% of the fund
- Spdr Index SHS FDSEFAX0.9% of the fund
- Vanguard World FDVSGX0.7% of the fund
- Houlihan LokeyHLI0.6% of the fund
- Octave IntelligenceOCTV0.3% of the fund
- IsharesEIS<0.1% of the fund
Added
Bought more of a stock they already held.
- MicrosoftMSFT3.4% of the fund+89%
- BorgwarnerBWA2.7% of the fund+8%
- MedtronicMDT2.0% of the fund+2%
- Meta PlatformsMETA2.0% of the fund+28%
- Globus MedicalGMED1.1% of the fund+10%
- Louisiana-PacificLPX1.0% of the fund+66%
- Range ResourcesRRC0.6% of the fund+8%
- Rush EnterprisesRUSHA0.4% of the fund+42%
- ASML Holding NVASML0.2% of the fund+7%
- OracleORCL0.2% of the fund+5%
- Procter & GamblePG<0.1% of the fund+4%
- MastercardMA<0.1% of the fund+2%
- UnileverUL<0.1% of the fund+4%
- SAP SESAP<0.1% of the fund+7%
- Colgate-PalmoliveCL<0.1% of the fund+4%
- Boston ScientificBSX<0.1% of the fund+3%
- Novartis AGNVS<0.1% of the fund+21%
Cut
Sold some of their stake.
- UnitedHealth GroupUNH3.1% of the fund-11%
- QualcommQCOM1.2% of the fund-30%
- Henry ScheinHSIC1.2% of the fund-46%
- SEI InvestmentsSEIC1.2% of the fund-11%
- CorpayCPAY1.1% of the fund-7%
- IconICLR1.0% of the fund-7%
- MKSMKSI0.7% of the fund-43%
- Mondelez InternationalMDLZ0.7% of the fund-28%
- AppleAAPL0.3% of the fund-2%
- NvidiaNVDA0.2% of the fund-15%
- AlphabetGOOG0.2% of the fund-8%
- Ishares TREFA0.1% of the fund-6%
- Amazon.comAMZN0.1% of the fund-4%
- PepsiCoPEP<0.1% of the fund-2%
- TeslaTSLA<0.1% of the fund-19%
- Abbott LaboratoriesABT<0.1% of the fund-19%
- Goldman Sachs GroupGS<0.1% of the fund-10%
- American ExpressAXP<0.1% of the fund-20%
- Philip Morris InternationalPM<0.1% of the fund-13%
Sold out
Sold their entire stake.
- Invesco Exch Traded FD TR IIQQQM-100%
- Wynn ResortsWYNN-100%
- Spdr Msci Eafa Fossil Fuel-100%
- Kyndryl HoldingsKD-100%
- Universal Health ServicesUHS-100%
Holdings
- Ishares TRIVV
- Share
- 32.8%
- Value
- $432m
- Shares
- 576,529
Held
- Brookfield Infrastructure PABIP
- Share
- 1.0%
- Value
- $13m
- Shares
- 344,572
Held
- Spdr Index SHS FDSEFAX
- Share
- 0.9%
- Value
- $12m
- Shares
- 225,900
New
- Vanguard World FDVSGX
- Share
- 0.7%
- Value
- $9m
- Shares
- 110,347
New
- Octave IntelligenceOCTV
- Share
- 0.3%
- Value
- $4m
- Shares
- 275,234
New
- State STR Spdr S&P 500 ETF TSPY
- Share
- 0.2%
- Value
- $3m
- Shares
- 3,550
Held
- Global X FDSCEFA
- Share
- 0.2%
- Value
- $2m
- Shares
- 58,021
Held
- Ishares TREFA
- Share
- 0.1%
- Value
- $2m
- Shares
- 15,951
-6%
- UnileverUL
- Share
- <0.1%
- Value
- $1m
- Shares
- 18,207
+4%
- Ishares TROEF
- Share
- <0.1%
- Value
- $439,040
- Shares
- 1,200
Held
- Vanguard Intl Equity Index FVT
- Share
- <0.1%
- Value
- $406,500
- Shares
- 2,590
Held
- IsharesEIS
- Share
- <0.1%
- Value
- $337,990
- Shares
- 2,800
New
- Vanguard Intl Equity Index FVPL
- Share
- <0.1%
- Value
- $277,660
- Shares
- 2,400
Held
- Vanguard Intl Equity Index FVGK
- Share
- <0.1%
- Value
- $243,490
- Shares
- 2,750
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Ishares TRIVV | 32.8% | $432m | 576,529 | Held |
| MicrosoftMSFT | 3.4% | $44m | 118,732 | +89% |
| UnitedHealth GroupUNH | 3.1% | $41m | 97,475 | -11% |
| AlphabetGOOGL | 3.0% | $40m | 111,029 | Held |
| VisaV | 2.7% | $36m | 105,448 | Held |
| BorgwarnerBWA | 2.7% | $35m | 531,201 | +8% |
| Wells Fargo & CompanyWFC | 2.6% | $34m | 409,248 | Held |
| L3harris TechnologiesLHX | 2.4% | $31m | 107,169 | Held |
| Walt DisneyDIS | 2.3% | $31m | 318,257 | Held |
| MedtronicMDT | 2.0% | $26m | 330,814 | +2% |
| Meta PlatformsMETA | 2.0% | $26m | 45,882 | +28% |
| Becton DickinsonBDX | 1.8% | $24m | 156,893 | Held |
| SalesforceCRM | 1.7% | $22m | 142,615 | Held |
| AutodeskADSK | 1.6% | $21m | 108,421 | Held |
| CarnivalCCL | 1.6% | $21m | 732,339 | New |
| JPMorgan ChaseJPM | 1.6% | $21m | 63,489 | Held |
| International Flavors & FragrancesIFF | 1.5% | $20m | 256,254 | Held |
| QualcommQCOM | 1.2% | $16m | 88,762 | -30% |
| Henry ScheinHSIC | 1.2% | $16m | 191,283 | -46% |
| SEI InvestmentsSEIC | 1.2% | $15m | 174,506 | -11% |
| Keysight TechnologiesKEYS | 1.2% | $15m | 43,316 | Held |
| CorpayCPAY | 1.1% | $15m | 44,173 | -7% |
| Globus MedicalGMED | 1.1% | $14m | 174,934 | +10% |
| NikeNKE | 1.0% | $13m | 326,094 | Held |
| IconICLR | 1.0% | $13m | 75,794 | -7% |
| First AdvantageFA | 1.0% | $13m | 721,906 | Held |
| Louisiana-PacificLPX | 1.0% | $13m | 164,727 | +66% |
| Brookfield Infrastructure PABIP | 1.0% | $13m | 344,572 | Held |
| Spdr Index SHS FDSEFAX | 0.9% | $12m | 225,900 | New |
| CencoraCOR | 0.9% | $11m | 39,803 | Held |
| Old Republic InternationalORI | 0.9% | $11m | 275,082 | Held |
| MiddlebyMIDD | 0.8% | $11m | 64,105 | Held |
| Lamar AdvertisingLAMR | 0.8% | $11m | 69,687 | Held |
| Crown HoldingsCCK | 0.8% | $11m | 95,534 | Held |
| Snap-onSNA | 0.8% | $11m | 26,538 | Held |
| American States WaterAWR | 0.8% | $10m | 125,110 | Held |
| Hayward HoldingsHAYW | 0.7% | $10m | 560,929 | Held |
| Tenet HealthcareTHC | 0.7% | $10m | 51,608 | Held |
| Globe LifeGL | 0.7% | $10m | 53,816 | Held |
| MKSMKSI | 0.7% | $9m | 21,332 | -43% |
| Vanguard World FDVSGX | 0.7% | $9m | 110,347 | New |
| Carlisle CompaniesCSL | 0.7% | $9m | 24,903 | Held |
| GentexGNTX | 0.7% | $9m | 344,126 | Held |
| Mondelez InternationalMDLZ | 0.7% | $9m | 148,569 | -28% |
| Houlihan LokeyHLI | 0.6% | $8m | 61,888 | New |
| Core & MainCNM | 0.6% | $8m | 167,536 | Held |
| WatersWAT | 0.6% | $8m | 21,142 | Held |
| Range ResourcesRRC | 0.6% | $7m | 200,178 | +8% |
| Wyndham Hotels & ResortsWH | 0.6% | $7m | 87,014 | Held |
| Hillman SolutionsHLMN | 0.5% | $7m | 856,980 | Held |
| Rush EnterprisesRUSHA | 0.4% | $6m | 78,522 | +42% |
| Octave IntelligenceOCTV | 0.3% | $4m | 275,234 | New |
| AppleAAPL | 0.3% | $4m | 14,449 | -2% |
| State STR Spdr S&P 500 ETF TSPY | 0.2% | $3m | 3,550 | Held |
| ASML Holding NVASML | 0.2% | $3m | 1,312 | +7% |
| OracleORCL | 0.2% | $3m | 17,190 | +5% |
| Global X FDSCEFA | 0.2% | $2m | 58,021 | Held |
| NvidiaNVDA | 0.2% | $2m | 11,000 | -15% |
| AlphabetGOOG | 0.2% | $2m | 6,078 | -8% |
| Johnson & JohnsonJNJ | 0.1% | $2m | 7,767 | Held |
| Ishares TREFA | 0.1% | $2m | 15,951 | -6% |
| Amazon.comAMZN | 0.1% | $2m | 6,753 | -4% |
| Procter & GamblePG | <0.1% | $1m | 8,823 | +4% |
| MastercardMA | <0.1% | $1m | 2,490 | +2% |
| PepsiCoPEP | <0.1% | $1m | 8,795 | -2% |
| UnileverUL | <0.1% | $1m | 18,207 | +4% |
| Berkshire HathawayBRK-B | <0.1% | $938,230 | 1,875 | Held |
| TeslaTSLA | <0.1% | $685,580 | 1,630 | -19% |
| Abbott LaboratoriesABT | <0.1% | $647,340 | 7,134 | -19% |
| SAP SESAP | <0.1% | $604,110 | 3,920 | +7% |
| Goldman Sachs GroupGS | <0.1% | $546,140 | 540 | -10% |
| Colgate-PalmoliveCL | <0.1% | $505,160 | 5,510 | +4% |
| Ishares TROEF | <0.1% | $439,040 | 1,200 | Held |
| Vanguard Intl Equity Index FVT | <0.1% | $406,500 | 2,590 | Held |
| Boston ScientificBSX | <0.1% | $377,720 | 8,850 | +3% |
| American ExpressAXP | <0.1% | $351,780 | 1,040 | -20% |
| Costco WholesaleCOST | <0.1% | $339,580 | 363 | Held |
| IsharesEIS | <0.1% | $337,990 | 2,800 | New |
| Iqvia HoldingsIQV | <0.1% | $322,870 | 1,671 | Held |
| Vanguard Intl Equity Index FVPL | <0.1% | $277,660 | 2,400 | Held |
| Home DepotHD | <0.1% | $277,210 | 786 | Held |
| Novartis AGNVS | <0.1% | $273,480 | 1,745 | +21% |
| Vanguard Intl Equity Index FVGK | <0.1% | $243,490 | 2,750 | Held |
| Philip Morris InternationalPM | <0.1% | $238,980 | 1,321 | -13% |
| Waste ManagementWM | <0.1% | $204,380 | 917 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 6.4% since 30 June 2025.
Where the money is
Health care12.6%
Technology11.8%
Financial services11.6%
Industrials7.8%
Media & telecom7.5%
Retail & consumer7.1%
Materials2.4%
Everyday goods0.9%
Real estate0.8%
Utilities0.8%
Energy0.6%
Other36.1%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.