Leith Wheeler Investment Counsel Ltd.

CIK

1353651

Location

VANCOUVER, A1

Portfolio Value

Small $789,493,113

Diversification

Diversified

Filing Date

Global Rank

#2,014 / 8,621 ▲ 24 · as of Mar 2026

Top Industry

Software - Application 6.8%

3Y Alpha vs SPY

-10.3%

Period ended 4 months ago

Filed May 7, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+32.9%

SPY

+67.9%

Annualised alpha

-8.9%

Max drawdown

−17.4%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

74 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

4.7%

−0.6 pts

Top 5

20.8%

−3.1 pts

Top 10

38.2%

−3.8 pts

HHI

254

Diversified−24

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Healthcare	21.5%	$170,130,186	15
Technology	18.5%	$146,332,762	13
Financial Services	15.2%	$120,199,961	10
Industrials	13.0%	$102,847,906	10
Consumer Cyclical	11.4%	$89,611,022	10
Communication Services	10.6%	$83,296,669	3
Utilities	2.8%	$22,101,349	2
Basic Materials	2.4%	$18,798,720	1
Consumer Defensive	2.1%	$16,572,257	7
Real Estate	1.1%	$8,905,591	1
Energy	1.1%	$8,387,983	1
Unclassified	0.3%	$2,308,707	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
FA	First Advantage Corp	+135,418	728,332	$8,565,184
HLMN	Hillman Solutions Corp.	+135,057	864,598	$7,193,455
MSFT	Microsoft Corp	+57,524	62,718	$23,216,322
AWR	American States Water Co	+47,725	126,225	$9,545,134
GNTX	Gentex Corp	+46,017	347,178	$7,585,839
V	Visa Inc.	+29,124	105,179	$31,789,300
DIS	Walt Disney Co	+23,388	318,935	$30,738,955
ORI	Old Republic International Corp	+20,324	277,533	$11,073,566
LPX	Louisiana-Pacific Corp	+18,577	99,064	$7,206,906
RRC	Range Resources Corp	+17,325	185,657	$8,387,983
NKE	NIKE, Inc.	+13,072	324,568	$17,143,681
ADSK	Autodesk, Inc.	+11,671	109,484	$26,210,469
UL	Unilever PLC	+7,421	17,587	$1,001,931
META	Meta Platforms, Inc.	+7,287	35,748	$20,452,503
MDT	Medtronic plc	+4,540	323,384	$28,021,223
ABT	Abbott Laboratories	+2,779	8,834	$906,986
JNJ	Johnson & Johnson	+2,720	7,617	$1,861,899
PG	PROCTER & GAMBLE Co	+2,580	8,499	$1,227,595
CRM	Salesforce, Inc.	+2,365	142,306	$26,564,261
WFC	Wells Fargo & Company/Mn	+2,199	408,689	$32,535,731
KD	Kyndryl Holdings, Inc.	+1,434	645,533	$8,469,392
BDX	Becton Dickinson & Co	+1,277	158,262	$24,883,534
IFF	International Flavors & Fragrances Inc	+685	259,114	$18,798,720
ORCL	Oracle Corp	+640	16,430	$2,417,017
AMZN	Amazon Com Inc	+400	7,053	$1,468,928
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
BWA	Borgwarner Inc	−44,361	492,802	$26,739,436
LHX	L3harris Technologies, Inc. /De/	−39,831	107,394	$37,067,039
KEYS	Keysight Technologies, Inc.	−27,061	43,704	$12,340,698
GOOGL	Alphabet Inc.	−22,657	111,647	$32,105,211
GMED	Globus Medical Inc	−13,788	159,535	$13,745,535
MKSI	Mks Inc	−11,235	37,234	$8,556,745
HSIC	Henry Schein Inc	−8,079	355,314	$26,186,641
CPAY	Corpay, Inc.	−4,027	47,646	$13,864,509
NVDA	Nvidia Corp	−1,000	13,000	$2,267,200
BSX	Boston Scientific Corp	−850	8,600	$539,650
HAYW	Hayward Holdings, Inc.	−387	565,970	$7,572,678
BIPH	Brookfield Infrastructure Partners L.P.	−238	347,625	$12,556,215
MDLZ	Mondelez International, Inc.	−180	206,095	$11,879,315
SEIC	Sei Investments Co	−134	196,249	$15,399,659
CNM	Core & Main, Inc.	−117	169,025	$8,349,835
WH	Wyndham Hotels & Resorts, Inc.	−87	87,789	$7,131,100
CCK	Crown Holdings, Inc.	−67	96,381	$9,662,195
LAMR	Lamar Advertising Co/New	−48	70,311	$8,905,591
MIDD	MIDDLEBY Corp	−44	64,678	$8,575,009
GL	Globe Life Inc.	−37	54,291	$7,555,678
SPY	Spdr S&P 500 ETF Trust	−35	3,550	$2,308,707
UHS	Universal Health Services Inc	−23	33,592	$6,011,960
SNA	Snap-on Inc	−22	26,775	$9,725,215
PM	Philip Morris International Inc.	−17	1,526	$252,308
CSL	Carlisle Companies Inc	−17	25,124	$8,381,868
No positions match the current search.

New Positions

Positions the filer opened this quarter

7 positions

Ticker	Company	Shares	Value
WYNN	Wynn Resorts Ltd	149,902	$15,222,548
ICLR	Icon PLC	81,408	$9,008,609
WAT	Waters Corp /De/	21,335	$6,353,563
RUSHA	Rush Enterprises Inc Tx	55,291	$3,655,288
ASML	Asml Holding NV	1,230	$1,624,620
IQV	Iqvia Holdings Inc.	1,671	$284,972
NVS	Novartis AG	1,445	$220,723
No positions match the current search.

Sold Out

Positions the filer fully exited

10 positions

Ticker	Company	Shares	Value
EA	Electronic Arts Inc.	67,433	$13,778,584
GPN	Global Payments Inc	156,904	$12,144,369
SNX	Td Synnex Corp	15,030	$2,257,956
DEO	Diageo PLC	12,740	$1,099,079
FISV	Fiserv Inc	6,280	$421,827
DHR	Danaher Corp /De/	1,770	$405,188
CIGI	Colliers International Group Inc.	2,500	$367,525
ACN	Accenture plc	905	$242,811
SHOP	Shopify Inc.	1,410	$226,967
MRK	Merck & Co., Inc.	1,929	$203,046
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

74 positions · $789,493,113 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 74 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
LHX	L3harris Technologies, Inc. /De/ Industrials	Reduced	107,394	-39,831	$37,067,039	−14.2%	4.70%
WFC	Wells Fargo & Company/Mn Financial Services	Added	408,689	+2,199	$32,535,731	−14.1%	4.12%
GOOGL	Alphabet Inc. Communication Services	Reduced	111,647	-22,657	$32,105,211	−23.6%	4.07%
V	Visa Inc. Financial Services	Added	105,179	+29,124	$31,789,300	+19.2%	4.03%
DIS	Walt Disney Co Communication Services	Added	318,935	+23,388	$30,738,955	−8.6%	3.89%
UNH	Unitedhealth Group Inc Healthcare	Added	109,436	+354	$29,612,287	−17.8%	3.75%
MDT	Medtronic plc Healthcare	Added	323,384	+4,540	$28,021,223	−8.5%	3.55%
BWA	Borgwarner Inc Consumer Cyclical	Reduced	492,802	-44,361	$26,739,436	+10.5%	3.39%
CRM	Salesforce, Inc. Technology	Added	142,306	+2,365	$26,564,261	−28.3%	3.36%
ADSK	Autodesk, Inc. Technology	Added	109,484	+11,671	$26,210,469	−9.5%	3.32%
HSIC	Henry Schein Inc Healthcare	Reduced	355,314	-8,079	$26,186,641	−4.7%	3.32%
BDX	Becton Dickinson & Co Healthcare	Added	158,262	+1,277	$24,883,534	+3.9%	3.15%
MSFT	Microsoft Corp Technology	Added	62,718	+57,524	$23,216,322	+824.2%	2.94%
META	Meta Platforms, Inc. Communication Services	Added	35,748	+7,287	$20,452,503	+8.9%	2.59%
JPM	Jpmorgan Chase & Co Financial Services	Added	64,037	+166	$18,837,123	−8.5%	2.39%
IFF	International Flavors & Fragrances Inc Basic Materials	Added	259,114	+685	$18,798,720	+7.9%	2.38%
NKE	NIKE, Inc. Consumer Cyclical	Added	324,568	+13,072	$17,143,681	−13.6%	2.17%
QCOM	Qualcomm Inc/De Technology	Added	127,464	+289	$16,414,813	−24.5%	2.08%
SEIC	Sei Investments Co Financial Services	Reduced	196,249	-134	$15,399,659	−4.4%	1.95%
WYNN	Wynn Resorts Ltd Consumer Cyclical	NEW	149,902	NEW	$15,222,548	NEW	1.93%
CPAY	Corpay, Inc. Technology	Reduced	47,646	-4,027	$13,864,509	−10.8%	1.76%
GMED	Globus Medical Inc Healthcare	Reduced	159,535	-13,788	$13,745,535	−9.2%	1.74%
COR	Cencora, Inc. Healthcare	Added	40,225	+54	$12,636,281	−6.9%	1.60%
BIPH	Brookfield Infrastructure Partners L.P. Utilities	Reduced	347,625	-238	$12,556,215	+3.9%	1.59%
KEYS	Keysight Technologies, Inc. Technology	Reduced	43,704	-27,061	$12,340,698	−14.2%	1.56%
MDLZ	Mondelez International, Inc. Consumer Defensive	Reduced	206,095	-180	$11,879,315	+7.0%	1.50%
ORI	Old Republic International Corp Financial Services	Added	277,533	+20,324	$11,073,566	−5.7%	1.40%
THC	Tenet Healthcare Corp Healthcare	Reduced	52,230	-9	$9,856,323	−5.1%	1.25%
SNA	Snap-on Inc Industrials	Reduced	26,775	-22	$9,725,215	+5.3%	1.23%
CCK	Crown Holdings, Inc. Consumer Cyclical	Reduced	96,381	-67	$9,662,195	−2.7%	1.22%
AWR	American States Water Co Utilities	Added	126,225	+47,725	$9,545,134	+67.8%	1.21%
ICLR	Icon PLC Healthcare	NEW	81,408	NEW	$9,008,609	NEW	1.14%
LAMR	Lamar Advertising Co/New Real Estate	Reduced	70,311	-48	$8,905,591	−0.0%	1.13%
MIDD	MIDDLEBY Corp Industrials	Reduced	64,678	-44	$8,575,009	−10.9%	1.09%
FA	First Advantage Corp Industrials	Added	728,332	+135,418	$8,565,184	−0.6%	1.08%
MKSI	Mks Inc Technology	Reduced	37,234	-11,235	$8,556,745	+10.5%	1.08%
KD	Kyndryl Holdings, Inc. Technology	Added	645,533	+1,434	$8,469,392	−50.5%	1.07%
RRC	Range Resources Corp Energy	Added	185,657	+17,325	$8,387,983	+41.3%	1.06%
CSL	Carlisle Companies Inc Industrials	Reduced	25,124	-17	$8,381,868	+4.2%	1.06%
CNM	Core & Main, Inc. Industrials	Reduced	169,025	-117	$8,349,835	−5.0%	1.06%
GNTX	Gentex Corp Consumer Cyclical	Added	347,178	+46,017	$7,585,839	+8.2%	0.96%
HAYW	Hayward Holdings, Inc. Industrials	Reduced	565,970	-387	$7,572,678	−13.5%	0.96%
GL	Globe Life Inc. Financial Services	Reduced	54,291	-37	$7,555,678	−0.6%	0.96%
LPX	Louisiana-Pacific Corp Industrials	Added	99,064	+18,577	$7,206,906	+10.9%	0.91%
HLMN	Hillman Solutions Corp. Industrials	Added	864,598	+135,057	$7,193,455	+13.9%	0.91%
WH	Wyndham Hotels & Resorts, Inc. Consumer Cyclical	Reduced	87,789	-87	$7,131,100	+7.4%	0.90%
WAT	Waters Corp /De/ Healthcare	NEW	21,335	NEW	$6,353,563	NEW	0.80%
UHS	Universal Health Services Inc Healthcare	Reduced	33,592	-23	$6,011,960	−18.0%	0.76%
AAPL	Apple Inc. Technology	Added	14,809	+141	$3,758,376	−5.7%	0.48%
RUSHA	Rush Enterprises Inc Tx Consumer Cyclical	NEW	55,291	NEW	$3,655,288	NEW	0.46%