Leith Wheeler Investment Counsel Ltd.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Leith Wheeler Investment Counsel Ltd. reported 59 stock positions worth $1.4 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 33.0% of the portfolio, followed by Wells Fargo (WFC, 3.7%) and Alphabet Class A (GOOGL, 3.3%). Compared with Q3 2024, it opened 3 new positions, sold out of 4, added to 13 and reduced 38. The biggest buy was a new position in Salesforce (CRM) and the biggest sale an exit from Caci International Class A (CACI).
- Most Recent 13F
- Q2 2026
- Location
- VANCOUVER, A1
- CIK
- 0001353651
- Portfolio Value
- $1.4B (Q4 2024)
- SEC Filing
- 0000950123-25-002813 ↗ filed Feb 14, 2025
Holdings Value
Holdings 59 stocks · $1.4B
| IVV iShares Core S&P 500 ETF | 32.96% | 773,136 | $455.1M | Reduce -6.5% |
| WFC Wells Fargo & Co. | 3.67% | 721,739 | $50.7M | Reduce -0.5% |
| GOOGL Alphabet Inc. Class A | 3.27% | 238,480 | $45.1M | Add +5.3% |
| EA Electronic Arts Inc. | 3.01% | 284,441 | $41.6M | Add +1.4% |
| HSIC Henry Schein Inc. | 2.90% | 578,968 | $40.1M | Reduce -7.8% |
| GPN Global Payments Inc. | 2.80% | 344,703 | $38.6M | Reduce -6.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 2.76% | 342,859 | $38.2M | Reduce -10.2% |
| MDT Medtronic PLC | 2.63% | 453,874 | $36.3M | Add +1.6% |
| V Visa Inc. Class A | 2.50% | 109,446 | $34.6M | Add +5.3% |
| QQQM Invesco Nasdaq 100 ETF | 2.48% | 162,507 | $34.2M | No change |
| LHX L3HARRIS Technologies Inc. | 2.40% | 157,639 | $33.1M | Add +5.1% |
| HUM Humana Inc. | 2.34% | 127,592 | $32.4M | Add +1.9% |
| QCOM Qualcomm Inc. | 2.29% | 205,444 | $31.6M | Reduce -23.4% |
| EXPE Expedia Group Inc. | 1.97% | 145,674 | $27.1M | Reduce -34.6% |
| CRM Salesforce Inc. | 1.77% | 73,297 | $24.5M | New |
| MDLZ Mondelez International Inc. Class A | 1.48% | 342,754 | $20.5M | Add +5.2% |
| COR Cencora Inc. | 1.35% | 82,952 | $18.6M | Add +5.2% |
| JPM JPMorgan Chase & Co. | 1.26% | 72,521 | $17.4M | Add +3.9% |
| CPAY Corpay Inc. | 1.25% | 50,865 | $17.2M | Reduce -3.5% |
| SEIC Sei Investments Company | 1.21% | 203,217 | $16.8M | Reduce -3.5% |
| GOOG Alphabet Inc. Class C | 1.14% | 82,914 | $15.8M | Reduce -6.4% |
| GMED Globus Medical Inc. Class A | 1.02% | 169,470 | $14.0M | Reduce -3.5% |
| KEYS Keysight Technologies Inc. | 1.00% | 85,887 | $13.8M | Reduce -3.5% |
| GL Globe Life Inc. | 0.93% | 114,709 | $12.8M | Reduce -3.4% |
| BIP Brookfield Infrastructure Pa | 0.89% | 387,329 | $12.3M | Reduce -3.5% |
| PM Philip Morris International | 0.88% | 101,367 | $12.2M | New |
| UNH Unitedhealth Group Inc. | 0.88% | 23,949 | $12.1M | Add +16.5% |
| ORCL Oracle Corp. | 0.86% | 71,517 | $11.9M | New |
| DLTR Dollar Tree Inc. | 0.86% | 158,790 | $11.9M | Reduce -52.5% |
| MRK Merck & Co. Inc. | 0.82% | 113,484 | $11.3M | Reduce -5.5% |
| UHS Universal Health Services-B | 0.80% | 61,685 | $11.1M | Reduce -3.5% |
| LW Lamb Weston Holdings Inc. | 0.78% | 161,851 | $10.8M | Reduce -3.5% |
| SNA Snap-on Inc. | 0.78% | 31,600 | $10.7M | Reduce -3.5% |
| FA First Advantage Corp. | 0.77% | 564,310 | $10.6M | Reduce -3.5% |
| META Meta Platforms Inc. Class A | 0.76% | 17,890 | $10.5M | Add +5.3% |
| ORI Old Republic Intl Corp. | 0.75% | 286,379 | $10.4M | Reduce -3.5% |
| CSL Carlisle Cos Inc. | 0.75% | 28,012 | $10.3M | Reduce -3.5% |
| WH Wyndham Hotels & Resorts Inc. | 0.71% | 97,849 | $9.9M | Reduce -3.4% |
| LAMR Lamar Advertising Co. Class A | 0.69% | 78,374 | $9.5M | Reduce -3.5% |
| VOO Vanguard S&P 500 ETF | 0.65% | 16,687 | $9.0M | Reduce -7.0% |
| MIDD Middleby Corp. | 0.65% | 65,972 | $8.9M | Add +40.2% |
| EFAX State Street SPDR MSCI Eafe | 0.64% | 223,428 | $8.9M | Reduce -1.5% |
| CCK Crown Holdings Inc. | 0.64% | 107,360 | $8.9M | Reduce -3.4% |
| GNTX Gentex Corp. | 0.63% | 304,699 | $8.8M | Reduce -3.5% |
| KMX Carmax Inc. | 0.63% | 106,410 | $8.7M | Reduce -3.3% |
| EFOR Everforth Inc. filed as ASGN INC | 0.62% | 102,394 | $8.5M | Reduce -3.6% |
| THC Tenet Healthcare Corp. | 0.59% | 64,316 | $8.1M | Reduce -22.7% |
| MKSI MKS Inc. filed as MKS INSTRS INC | 0.55% | 72,283 | $7.5M | Reduce -3.4% |
| HLMN Hillman Solutions Corp. | 0.47% | 665,911 | $6.5M | Reduce -3.5% |
| HCA HCA Healthcare Inc. | 0.44% | 20,152 | $6.0M | Reduce -35.9% |
| CABO Cable One Inc. | 0.35% | 13,294 | $4.8M | Reduce -3.4% |
| HAYW Hayward Holdings Inc. | 0.24% | 221,146 | $3.4M | Reduce -3.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.15% | 3,612 | $2.1M | Reduce -1.2% |
| CCEP Coca-Cola Europacific Partne | 0.13% | 23,687 | $1.8M | Reduce -0.7% |
| EFA iShares MSCI Eafe ETF | 0.12% | 21,776 | $1.6M | No change |
| MSFT Microsoft Corp. | 0.05% | 1,510 | $636K | Add +10.4% |
| OEF iShares S&P 100 ETF | 0.03% | 1,200 | $347K | No change |
| VGT Vanguard Info Tech ETF | 0.02% | 500 | $311K | No change |
| VT Vanguard Tot World STK ETF | 0.02% | 2,626 | $309K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| CACI Caci International Inc. Class A | Sold out | 0.00% | −1.10 |
| QCOM Qualcomm Inc. | Reduce -23.4% | 2.29% | −0.91 |
| DLTR Dollar Tree Inc. | Reduce -52.5% | 0.86% | −0.78 |
| WYNN WYNN Resorts Ltd. | Sold out | 0.00% | −0.63 |
| IVV iShares Core S&P 500 ETF | Reduce -6.5% | 32.96% | −0.48 |
| HCA HCA Healthcare Inc. | Reduce -35.9% | 0.44% | −0.46 |
| THC Tenet Healthcare Corp. | Reduce -22.7% | 0.59% | −0.38 |
| EXPE Expedia Group Inc. | Reduce -34.6% | 1.97% | −0.35 |
| HSIC Henry Schein Inc. | Reduce -7.8% | 2.90% | −0.31 |
| MHK Mohawk Industries Inc. | Sold out | 0.00% | −0.23 |
| UHS Universal Health Services-B | Reduce -3.5% | 0.80% | −0.22 |
| CSL Carlisle Cos Inc. | Reduce -3.5% | 0.75% | −0.17 |
| MRK Merck & Co. Inc. | Reduce -5.5% | 0.82% | −0.14 |
| GD General Dynamics Corp. | Sold out | 0.00% | −0.12 |
| CCK Crown Holdings Inc. | Reduce -3.4% | 0.64% | −0.10 |
| BIP Brookfield Infrastructure Pa | Reduce -3.5% | 0.89% | −0.09 |
| EFOR Everforth Inc. | Reduce -3.6% | 0.62% | −0.08 |
| LAMR Lamar Advertising Co. Class A | Reduce -3.5% | 0.69% | −0.07 |
| EFAX State Street SPDR MSCI Eafe | Reduce -1.5% | 0.64% | −0.05 |
| FA First Advantage Corp. | Reduce -3.5% | 0.77% | −0.05 |
| HLMN Hillman Solutions Corp. | Reduce -3.5% | 0.47% | −0.04 |
| MKSI MKS Inc. | Reduce -3.4% | 0.55% | −0.02 |
| GNTX Gentex Corp. | Reduce -3.5% | 0.63% | −0.02 |
| VOO Vanguard S&P 500 ETF | Reduce -7.0% | 0.65% | −0.01 |
| HAYW Hayward Holdings Inc. | Reduce -3.0% | 0.24% | −0.00 |
| CCEP Coca-Cola Europacific Partne | Reduce -0.7% | 0.13% | +0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.2% | 0.15% | +0.01 |
| KEYS Keysight Technologies Inc. | Reduce -3.5% | 1.00% | +0.01 |
| CABO Cable One Inc. | Reduce -3.4% | 0.35% | +0.01 |
| ORI Old Republic Intl Corp. | Reduce -3.5% | 0.75% | +0.01 |
| LW Lamb Weston Holdings Inc. | Reduce -3.5% | 0.78% | +0.02 |
| KMX Carmax Inc. | Reduce -3.3% | 0.63% | +0.03 |
| GL Globe Life Inc. | Reduce -3.4% | 0.93% | +0.04 |
| CPAY Corpay Inc. | Reduce -3.5% | 1.25% | +0.09 |
| GOOG Alphabet Inc. Class C | Reduce -6.4% | 1.14% | +0.11 |
| SNA Snap-on Inc. | Reduce -3.5% | 0.78% | +0.11 |
| GMED Globus Medical Inc. Class A | Reduce -3.5% | 1.02% | +0.13 |
| GPN Global Payments Inc. | Reduce -6.4% | 2.80% | +0.15 |
| WH Wyndham Hotels & Resorts Inc. | Reduce -3.4% | 0.71% | +0.16 |
| DIS The Walt Disney Co. | Reduce -10.2% | 2.76% | +0.19 |
| SEIC Sei Investments Company | Reduce -3.5% | 1.21% | +0.19 |
| WFC Wells Fargo & Co. | Reduce -0.5% | 3.67% | +0.80 |
Portfolio Buys Q3 2024 → Q4 2024
| CRM Salesforce Inc. | New | 1.77% | +1.77 |
| PM Philip Morris International | New | 0.88% | +0.88 |
| ORCL Oracle Corp. | New | 0.86% | +0.86 |
| GOOGL Alphabet Inc. Class A | Add +5.3% | 3.27% | +0.64 |
| V Visa Inc. Class A | Add +5.3% | 2.50% | +0.50 |
| JPM JPMorgan Chase & Co. | Add +3.9% | 1.26% | +0.23 |
| EA Electronic Arts Inc. | Add +1.4% | 3.01% | +0.19 |
| MIDD Middleby Corp. | Add +40.2% | 0.65% | +0.19 |
| COR Cencora Inc. | Add +5.2% | 1.35% | +0.11 |
| META Meta Platforms Inc. Class A | Add +5.3% | 0.76% | +0.08 |
| UNH Unitedhealth Group Inc. | Add +16.5% | 0.88% | +0.04 |
| MSFT Microsoft Corp. | Add +10.4% | 0.05% | +0.00 |
| LHX L3HARRIS Technologies Inc. | Add +5.1% | 2.40% | −0.10 |
| MDT Medtronic PLC | Add +1.6% | 2.63% | −0.19 |
| MDLZ Mondelez International Inc. Class A | Add +5.2% | 1.48% | −0.20 |
| HUM Humana Inc. | Add +1.9% | 2.34% | −0.44 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 85 | $1.3B | IVV, MSFT, UNH, GOOGL, V |
| Q1 2026 | 84 | $1.2B | IVV, LHX, WFC, GOOGL, V |
| Q4 2025 | 87 | $1.3B | IVV, LHX, GOOGL, WFC, CRM |
| Q3 2025 | 72 | $1.5B | IVV, UNH, MDT, LHX, GOOGL |
| Q2 2025Amended | 65 | $1.4B | IVV, LHX, GOOGL, DIS, HSIC |
| Q1 2025 | 75 | $1.4B | IVV, WFC, MDT, EA, LHX |
| Q4 2024 | 59 | $1.4B | IVV, WFC, GOOGL, EA, HSIC |
| Q3 2024 | 60 | $1.4B | IVV, HSIC, QCOM, WFC, MDT |
| Q2 2024 | 65 | $1.2B | IVV, QQQM, GOOGL, HSIC, QCOM |
| Q1 2024 | 64 | $1.0B | IVV, QQQM, HSIC, GOOGL, GPN |