Leith Wheeler Investment Counsel Ltd.
CIK 1353651 · View on SEC EDGAR ↗
- Portfolio value
- $1.3B
- Positions
- 85
- As of
- June 30, 2026
#2,035 of 9,443 by 13F value · top 21.6%
Portfolio value QoQ: +8.8% 13F does not disclose cash
- Top 10 holdings weight
- 56.92%
- Top 25 holdings weight
- 77.66%
- Positions above 1%
- 25
- Effective number of positions
- 8.4
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 7.48% Est. buys $94,508,333 · sells $99,969,093
Median holding: 5.0 quarters Tracked Q4 2024–Q2 2026 · 69.1% still held
- New positions
- 6
- Increased
- 23
- Decreased
- 47
- Closed
- 4
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Health Care
12.6%
Technology
9.6%
Industrials
9.2%
Communication Services
7.5%
Financial Services
5.8%
Financials
5.7%
Consumer Discretionary
5.0%
Utilities
1.7%
Materials
1.5%
Paper & Forest
1.0%
Real Estate
0.8%
Packaging
0.8%
Consumer Staples
0.8%
Energy
0.6%
Retail
0.2%
Consumer products
0.2%
Other/Unmapped
37.1%
Full portfolio 85 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| IVV | $431,756,800 | 32.80% | 576,529 | $54,830,460 | Down ×6 | ||
| MSFT Microsoft Corporation - Common Stock | $44,289,410 | 3.37% | 118,732 | $21,073,090 | Up ×4 | ||
| UNH UnitedHealth Group Incorporated Common Stock (DE) | $40,513,530 | 3.08% | 97,475 | $10,901,240 | Down ×1 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $39,678,430 | 3.01% | 111,029 | $7,573,220 | Down ×4 | ||
| V Visa Inc. | $36,178,150 | 2.75% | 105,448 | $4,388,850 | Up ×3 | ||
| BWA BorgWarner Inc. Common Stock | $35,271,750 | 2.68% | 531,201 | $8,532,310 | Up ×1 | ||
| WFC Wells Fargo & Company Common Stock | $33,820,250 | 2.57% | 409,248 | $1,284,520 | Up ×2 | ||
| LHX L3Harris Technologies, Inc. Common Stock | $31,142,240 | 2.37% | 107,169 | $-5,924,800 | Down ×4 | ||
| DIS Walt Disney Company (The) Common Stock | $30,632,240 | 2.33% | 318,257 | $-106,720 | Down ×1 | ||
| MDT Medtronic plc. Ordinary Shares | $25,879,580 | 1.97% | 330,814 | $-2,141,640 | Up ×2 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $25,844,870 | 1.96% | 45,882 | $5,392,370 | Up ×3 | ||
| BDX Becton, Dickinson and Company Common Stock | $23,742,620 | 1.80% | 156,893 | $-1,140,910 | Down ×1 | ||
| CRM Salesforce, Inc. Common Stock | $22,342,070 | 1.70% | 142,615 | $-4,222,190 | Up ×3 | ||
| ADSK Autodesk, Inc. - Common Stock | $21,079,210 | 1.60% | 108,421 | $-5,131,260 | Down ×1 | ||
| Unknown issuer (CUSIP: G2004J103) | $20,922,930 | 1.59% | 732,339 | Up ×1 | |||
| JPM JP Morgan Chase & Co. Common Stock | $20,781,850 | 1.58% | 63,489 | $1,944,730 | Down ×1 | ||
| IFF International Flavors & Fragrances, Inc. Common Stock | $20,300,440 | 1.54% | 256,254 | $1,501,720 | Down ×1 | ||
| QCOM QUALCOMM Incorporated - Common Stock | $16,402,330 | 1.25% | 88,762 | $-12,480 | Down ×1 | ||
| HSIC Henry Schein, Inc. - Common Stock | $15,975,960 | 1.21% | 191,283 | $-10,210,680 | Down ×4 | ||
| SEIC SEI Investments Company - Common Stock | $15,305,920 | 1.16% | 174,506 | $-93,740 | Down ×3 | ||
| KEYS Keysight Technologies Inc. Common Stock | $15,163,630 | 1.15% | 43,316 | $2,822,930 | Down ×5 | ||
| CPAY Corpay, Inc. Common Stock | $14,721,540 | 1.12% | 44,173 | $857,030 | Down ×3 | ||
| GMED Globus Medical, Inc. Class A Common Stock | $13,821,540 | 1.05% | 174,934 | $76,000 | Up ×1 | ||
| NKE Nike, Inc. Common Stock | $13,386,160 | 1.02% | 326,094 | $-3,757,520 | Up ×4 | ||
| ICLR ICON plc - Ordinary Shares | $13,166,180 | 1.00% | 75,794 | $4,157,570 | Down ×1 | ||
| FA First Advantage Corporation - Common Stock | $13,030,400 | 0.99% | 721,906 | $4,465,220 | Down ×1 | ||
| LPX Louisiana-Pacific Corporation Common Stock | $12,957,430 | 0.98% | 164,727 | $5,750,520 | Up ×3 | ||
| BIP Brookfield Infrastructure Partners LP Limited Partnership Units | $12,573,430 | 0.96% | 344,572 | $17,210 | Down ×5 | ||
| EFAX | $12,225,980 | 0.93% | 225,900 | ||||
| COR Cencora, Inc. Common Stock | $11,263,450 | 0.86% | 39,803 | $-1,372,830 | Down ×1 | ||
| ORI Old Republic International Corporation Common Stock | $11,256,360 | 0.86% | 275,082 | $182,790 | Down ×1 | ||
| MIDD The Middleby Corporation - Common Stock | $11,026,700 | 0.84% | 64,105 | $2,451,690 | Down ×4 | ||
| LAMR Lamar Advertising Company - Class A Common Stock | $10,869,780 | 0.83% | 69,687 | $1,964,190 | Down ×5 | ||
| CCK Crown Holdings, Inc. | $10,682,610 | 0.81% | 95,534 | $1,020,410 | Down ×5 | ||
| SNA Snap-On Incorporated Common Stock | $10,678,890 | 0.81% | 26,538 | $953,670 | Down ×2 | ||
| AWR American States Water Company Common Stock | $10,337,840 | 0.79% | 125,110 | $792,710 | Down ×1 | ||
| HAYW Hayward Holdings, Inc. Common Stock | $9,709,680 | 0.74% | 560,929 | $2,137,000 | Down ×4 | ||
| THC Tenet Healthcare Corporation Common Stock | $9,654,820 | 0.73% | 51,608 | $-201,500 | Down ×2 | ||
| GL Globe Life Inc. Common Stock | $9,615,840 | 0.73% | 53,816 | $2,060,160 | Down ×6 | ||
| MKSI MKS Inc. - Common Stock | $9,488,470 | 0.72% | 21,332 | $931,720 | Down ×5 | ||
| VSGX | $9,085,970 | 0.69% | 110,347 | Up ×1 | |||
| CSL Carlisle Companies Incorporated Common Stock | $9,033,560 | 0.69% | 24,903 | $651,690 | Down ×5 | ||
| GNTX Gentex Corporation - Common Stock | $8,696,060 | 0.66% | 344,126 | $1,110,220 | Down ×1 | ||
| MDLZ Mondelez International, Inc. - Class A Common Stock | $8,593,230 | 0.65% | 148,569 | $-3,286,090 | Down ×2 | ||
| HLI Houlihan Lokey, Inc. Class A Common Stock | $8,301,040 | 0.63% | 61,888 | Up ×1 | |||
| CNM Core & Main, Inc. Class A Common Stock | $8,083,610 | 0.61% | 167,536 | $-266,230 | Down ×3 | ||
| WAT Waters Corporation Common Stock | $7,929,100 | 0.60% | 21,142 | $1,575,540 | Down ×1 | ||
| RRC Range Resources Corporation Common Stock | $7,444,620 | 0.57% | 200,178 | $-943,360 | Up ×2 | ||
| WH Wyndham Hotels & Resorts, Inc. Common Stock | $7,327,450 | 0.56% | 87,014 | $196,350 | Down ×2 | ||
| HLMN Hillman Solutions Corp. - Common Stock | $7,232,910 | 0.55% | 856,980 | $39,450 | Down ×1 | ||
| RUSHA Rush Enterprises, Inc. - Class A Common Stock | $5,730,930 | 0.44% | 78,522 | $2,075,640 | Up ×1 | ||
| Unknown issuer (CUSIP: G22845104) | $4,486,310 | 0.34% | 275,234 | Up ×1 | |||
| AAPL Apple Inc. - Common Stock | $4,180,960 | 0.32% | 14,449 | $422,580 | Down ×1 | ||
| SPY SPY | $2,651,030 | 0.20% | 3,550 | $342,320 | |||
| ASML ASML Holding N.V. - New York Registry Shares | $2,610,150 | 0.20% | 1,312 | $985,530 | Up ×1 | ||
| ORCL Oracle Corporation Common Stock | $2,519,190 | 0.19% | 17,190 | $102,170 | Up ×2 | ||
| CEFA Global X S&P Catholic Values Developed ex-U.S. ETF | $2,302,700 | 0.17% | 58,021 | $152,190 | Down ×1 | ||
| NVDA NVIDIA Corporation - Common Stock | $2,200,990 | 0.17% | 11,000 | $-66,210 | Down ×2 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $2,147,540 | 0.16% | 6,078 | $245,370 | Down ×1 | ||
| JNJ Johnson & Johnson Common Stock | $1,972,580 | 0.15% | 7,767 | $110,680 | Up ×2 | ||
| EFA | $1,656,990 | 0.13% | 15,951 | $6,650 | Down ×5 | ||
| AMZN Amazon.com, Inc. - Common Stock | $1,609,510 | 0.12% | 6,753 | $140,580 | Down ×1 | ||
| PG Procter & Gamble Company (The) Common Stock | $1,293,800 | 0.10% | 8,823 | $66,200 | Up ×2 | ||
| MA Mastercard Incorporated Common Stock | $1,278,860 | 0.10% | 2,490 | $59,690 | Up ×1 | ||
| PEP PepsiCo, Inc. - Common Stock | $1,190,840 | 0.09% | 8,795 | $-205,990 | Down ×1 | ||
| UL Unilever PLC American Depositary Shares (each representing One Ordinary Share) | $1,094,600 | 0.08% | 18,207 | $92,670 | Up ×2 | ||
| BRKB | $938,230 | 0.07% | 1,875 | $49,310 | Up ×2 | ||
| TSLA Tesla, Inc. - Common Stock | $685,580 | 0.05% | 1,630 | $-57,920 | Down ×1 | ||
| ABT Abbott Laboratories Common Stock | $647,340 | 0.05% | 7,134 | $-259,650 | Down ×1 | ||
| SAP SAP SE ADS | $604,110 | 0.05% | 3,920 | $-24,230 | Up ×1 | ||
| GS Goldman Sachs Group, Inc. (The) Common Stock | $546,140 | 0.04% | 540 | $38,550 | Down ×1 | ||
| CL Colgate-Palmolive Company Common Stock | $505,160 | 0.04% | 5,510 | $52,590 | Up ×2 | ||
| OEF | $439,040 | 0.03% | 1,200 | $57,360 | |||
| VT | $406,500 | 0.03% | 2,590 | $48,250 | |||
| BSX Boston Scientific Corporation Common Stock | $377,720 | 0.03% | 8,850 | $-161,930 | Up ×1 | ||
| AXP American Express Company Common Stock | $351,780 | 0.03% | 1,040 | $-41,440 | Down ×1 | ||
| COST Costco Wholesale Corporation - Common Stock | $339,580 | 0.03% | 363 | $-22,120 | |||
| EIS | $337,990 | 0.03% | 2,800 | Up ×1 | |||
| IQV IQVIA Holdings, Inc. Common Stock | $322,870 | 0.02% | 1,671 | $37,900 | |||
| VPL | $277,660 | 0.02% | 2,400 | $43,110 | |||
| HD Home Depot, Inc. (The) Common Stock | $277,210 | 0.02% | 786 | $18,700 | |||
| NVS Novartis AG Common Stock | $273,480 | 0.02% | 1,745 | $52,760 | Up ×1 | ||
| VGK | $243,490 | 0.02% | 2,750 | $16,810 | |||
| PM Philip Morris International Inc Common Stock | $238,980 | 0.02% | 1,321 | $-13,330 | Down ×3 | ||
| WM Waste Management, Inc. Common Stock | $204,380 | 0.02% | 917 | $-6,340 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| Unknown issuer (CUSIP: G2004J103) | $20,922,930 | 732,339 | 1.59% |
| EFAX | $12,225,980 | 225,900 | 0.93% |
| VSGX | $9,085,970 | 110,347 | 0.69% |
| HLI | $8,301,040 | 61,888 | 0.63% |
| Unknown issuer (CUSIP: G22845104) | $4,486,310 | 275,234 | 0.34% |
| EIS | $337,990 | 2,800 | 0.03% |
Top movers (QoQ)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| WFC | Sept. 30, 2025 | 449,815 | $36,039,180 | 1.0% |
| QQQM | June 30, 2026 | 106,290 | $25,256,630 | |
| EXPE | Sept. 30, 2025 | 107,973 | $18,212,890 | 50.5% |
| WYNN | June 30, 2026 | 149,902 | $15,222,550 | 3.2% |
| EA | March 31, 2026 | 67,433 | $13,778,580 | No longer tracked |
| ALL | June 30, 2025 | 62,864 | $13,017,248 | 27.3% |
| GPN | March 31, 2026 | 156,904 | $12,144,370 | 37.6% |
| UNH | March 31, 2025 | 23,949 | $12,114,841 | -26.0% |
| ORCL | March 31, 2025 | 71,517 | $11,917,593 | 4.8% |
| DLTR | March 31, 2025 | 158,790 | $11,899,723 | 73.5% |
| EFAX | March 31, 2026 | 219,527 | $11,078,650 | No longer tracked |
| LW | March 31, 2025 | 161,851 | $10,816,502 | 0.1% |
| HUM | Dec. 31, 2025 | 41,485 | $10,793,152 | 49.9% |
| ALL | Dec. 31, 2025 | 46,949 | $10,077,603 | 23.2% |
| WH | June 30, 2025 | 99,110 | $8,970,446 | -6.7% |
| VOO | Dec. 31, 2025 | 14,637 | $8,963,406 | No longer tracked |
| KD | June 30, 2026 | 645,533 | $8,469,390 | 9.7% |
| HCA | June 30, 2025 | 21,230 | $7,336,027 | 8.5% |
| UHS | June 30, 2026 | 33,592 | $6,011,960 | 17.4% |
| BAH | Dec. 31, 2025 | 58,997 | $5,896,750 | -9.0% |
| CABO | March 31, 2025 | 13,294 | $4,814,023 | -90.4% |
| SNX | March 31, 2026 | 15,030 | $2,257,960 | 49.7% |
| ASGN | Dec. 31, 2025 | 45,520 | $2,155,372 | No longer tracked |
| CCEP | March 31, 2025 | 23,687 | $1,819,398 | 23.8% |
| SNN | Dec. 31, 2025 | 30,686 | $1,113,595 | -12.3% |
| DEO | March 31, 2026 | 12,740 | $1,099,080 | 25.3% |
| KMX | Dec. 31, 2025 | 23,849 | $1,070,105 | 59.4% |
| COST | June 30, 2025 | 647 | $611,920 | -4.7% |
| FISV | March 31, 2026 | 6,280 | $421,830 | -7.6% |
| DHR | March 31, 2026 | 1,770 | $405,190 | 12.9% |
| CIGI | March 31, 2026 | 2,500 | $367,530 | -0.8% |
| SPGI | June 30, 2025 | 630 | $320,103 | -17.8% |
| LLY | June 30, 2025 | 387 | $319,627 | 60.3% |
| AON | June 30, 2025 | 788 | $314,483 | -1.0% |
| AZO | June 30, 2025 | 78 | $297,397 | -20.3% |
| HD | June 30, 2025 | 808 | $296,124 | -8.5% |
| TJX | June 30, 2025 | 2,409 | $293,416 | 14.4% |
| VGT | June 30, 2025 | 500 | $271,190 | No longer tracked |
| TSM | June 30, 2025 | 1,631 | $270,746 | 85.5% |
| MRK | Sept. 30, 2025 | 3,236 | $256,160 | 80.7% |
| DE | June 30, 2025 | 529 | $248,286 | 22.7% |
| ACN | March 31, 2026 | 905 | $242,810 | -7.9% |
| MS | June 30, 2025 | 2,036 | $237,540 | 50.3% |
| LIN | June 30, 2025 | 495 | $230,492 | 4.0% |
| SHOP | March 31, 2026 | 1,410 | $226,970 | 22.9% |
| WM | Sept. 30, 2025 | 917 | $209,830 | 1.4% |
| MRK | March 31, 2026 | 1,929 | $203,050 | 26.1% |