Lester Murray Antman dba SimplyRich
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 29, 2025), Lester Murray Antman dba SimplyRich reported 216 stock positions worth $350.4 million. Its top holding was Apple (AAPL) at 7.8% of the portfolio, followed by Alphabet Class C (GOOG, 5.4%) and iShares MSCI USA Min Vol Fac (USMV, 4.8%). Compared with Q3 2024, it opened 10 new positions, sold out of 15, added to 69 and reduced 40. The biggest buy was Janux Therapeutics (JANX, shares +205%) and the biggest sale Novo-Nordisk A/S-Spons ADR (NVO, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- CARLSBAD, CA
- CIK
- 0001725888
- Portfolio Value
- $350.4M (Q4 2024)
- SEC Filing
- 0001907157-25-000002 ↗ filed Jan 29, 2025
Holdings Value
Holdings 216 stocks · $350.4M
| AAPL Apple Inc. | 7.77% | 108,654 | $27.2M | Reduce -1.2% |
| GOOG Alphabet Inc. Class C | 5.39% | 99,225 | $18.9M | Reduce -0.4% |
| USMV iShares MSCI USA Min Vol Fac | 4.77% | 188,264 | $16.7M | Reduce -0.7% |
| EEMV iShares MSCI Emg MKT Min Vol | 4.31% | 260,123 | $15.1M | Add +3.7% |
| EFAV iShares MSCI Eafe Min Vol Fa | 4.08% | 201,949 | $14.3M | Add +2.9% |
| GOOGL Alphabet Inc. Class A | 3.34% | 61,747 | $11.7M | Reduce -0.1% |
| MSFT Microsoft Corp. | 3.16% | 26,274 | $11.1M | Reduce -0.1% |
| UNH Unitedhealth Group Inc. | 2.19% | 15,169 | $7.7M | Reduce -0.9% |
| V Visa Inc. Class A | 2.12% | 23,552 | $7.4M | Reduce -0.1% |
| NVO Novo-Nordisk A/S-Spons ADR | 2.11% | 86,079 | $7.4M | Reduce -0.1% |
| TSM Taiwan Semiconductor-SP ADR | 1.97% | 34,895 | $6.9M | Reduce -0.1% |
| HD Home Depot Inc. | 1.90% | 17,100 | $6.7M | Add +0.2% |
| REET iShares Global REIT ETF | 1.77% | 258,393 | $6.2M | Reduce -8.2% |
| RSP Invesco S&P 500 Equal Weight | 1.30% | 26,035 | $4.6M | Reduce -0.0% |
| WMT Walmart Inc. | 1.18% | 45,790 | $4.1M | Add +0.6% |
| RELX Relx PLC - Spon ADR | 1.05% | 81,011 | $3.7M | Add +0.7% |
| CI The Cigna Group | 0.99% | 12,504 | $3.5M | No change |
| GIB Cgi Inc. | 0.95% | 30,397 | $3.3M | Add +1.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.94% | 7,278 | $3.3M | Add +0.7% |
| MCD McDonald's Corp. | 0.90% | 10,900 | $3.2M | Add +0.4% |
| MCK McKesson Corp. | 0.84% | 5,191 | $3.0M | Add +1.0% |
| ACN Accenture PLC Class A | 0.81% | 8,088 | $2.8M | No change |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.81% | 23,358 | $2.8M | No change |
| MA Mastercard Inc. Class A | 0.78% | 5,162 | $2.7M | No change |
| SCCO Southern Copper Corp. | 0.73% | 28,176 | $2.6M | Add +0.6% |
| AMZN Amazon.com Inc. | 0.71% | 11,280 | $2.5M | No change |
| MSI Motorola Solutions Inc. | 0.69% | 5,221 | $2.4M | Add +1.5% |
| AMGN Amgen Inc. | 0.68% | 9,095 | $2.4M | No change |
| ELV Elevance Health Inc. | 0.66% | 6,249 | $2.3M | Reduce -1.4% |
| RACE Ferrari NV | 0.64% | 5,319 | $2.3M | No change |
| CSCO Cisco Systems Inc. | 0.59% | 35,175 | $2.1M | Add +1.9% |
| PCAR Paccar Inc. | 0.59% | 19,808 | $2.1M | Add +1.0% |
| VIPS Vipshop Holdings Ltd. - ADR | 0.58% | 151,159 | $2.0M | Add +1.0% |
| UL Unilever PLC | 0.56% | 34,755 | $2.0M | Add +1.1% |
| CMCSA Comcast Corp. Class A | 0.56% | 52,020 | $2.0M | Reduce -2.4% |
| COST Costco Wholesale Corp. | 0.56% | 2,124 | $1.9M | Add +1.2% |
| FISV Fiserv Inc. | 0.55% | 9,418 | $1.9M | No change |
| LVMUY LVMH Moet Hennessy-Unsp ADR | 0.55% | 14,800 | $1.9M | No change |
| CB Chubb Ltd. | 0.55% | 6,949 | $1.9M | Reduce -0.1% |
| NKE Nike Inc. Class B | 0.55% | 25,280 | $1.9M | No change |
| CME Cme Group Inc. | 0.54% | 8,172 | $1.9M | Add +1.3% |
| TM Toyota Motor Corp. -Spon ADR | 0.54% | 9,733 | $1.9M | Add +1.5% |
| TGS Transportador Gas-ADR SP B | 0.54% | 64,518 | $1.9M | No change |
| RBA RB Global Inc. | 0.54% | 20,839 | $1.9M | No change |
| CNI Canadian Natl Railway Co. | 0.53% | 18,447 | $1.9M | Add +4.9% |
| SAP Sap SE-Sponsored ADR | 0.52% | 7,375 | $1.8M | No change |
| ADP Automatic Data Processing | 0.51% | 6,152 | $1.8M | Add +1.2% |
| ICE Intercontinental Exchange Inc. | 0.51% | 11,895 | $1.8M | No change |
| FDX FedEx Corp. | 0.50% | 6,246 | $1.8M | No change |
| AVGO Broadcom Inc. | 0.50% | 7,486 | $1.7M | Reduce -0.5% |
| AFL Aflac Inc. | 0.49% | 16,565 | $1.7M | Add +1.4% |
| SHEL Shell PLC-ADR | 0.47% | 26,564 | $1.7M | Reduce -8.4% |
| ACWV iShares MSCI Global Min Vol | 0.47% | 15,066 | $1.6M | Add +0.4% |
| RTX RTX Corp. | 0.47% | 14,216 | $1.6M | No change |
| PYPL PayPal Holdings Inc. | 0.46% | 18,920 | $1.6M | No change |
| PNC PNC Financial Services Group | 0.45% | 8,255 | $1.6M | No change |
| NVS Novartis AG-Sponsored ADR | 0.44% | 15,892 | $1.5M | Reduce -6.0% |
| NOC Northrop Grumman Corp. | 0.41% | 3,067 | $1.4M | No change |
| TTWO Take-Two Interactive Softwre | 0.40% | 7,560 | $1.4M | No change |
| INFY Infosys Ltd.-SP ADR | 0.39% | 62,420 | $1.4M | Add +1.7% |
| VNQ Vanguard Real Estate ETF | 0.39% | 15,344 | $1.4M | No change |
| BRK.A 1/100 Berkshire HTWY A Class A | 0.39% | 200 | $1.4M | No change |
| BN Brookfield Corp. | 0.39% | 23,569 | $1.4M | No change |
| MU Micron Technology Inc. | 0.38% | 15,900 | $1.3M | No change |
| MRSH Marsh & McLennan Cos | 0.38% | 6,242 | $1.3M | Add +1.7% |
| LMT Lockheed Martin Corp. | 0.38% | 2,724 | $1.3M | Reduce -13.0% |
| ASML ASML Holding NV-NY Reg SHS | 0.38% | 1,903 | $1.3M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.37% | 11,756 | $1.3M | Reduce -0.5% |
| WIT Wipro Ltd.-ADR | 0.37% | 368,189 | $1.3M | Add +13.1% |
| JANX Janux Therapeutics Inc. | 0.37% | 24,315 | $1.3M | Add +205.3% |
| NTTYY NTT Inc. - ADR filed as NIPPON TEL & TEL CORP ADR | 0.36% | 50,632 | $1.3M | No change |
| SRE Sempra | 0.34% | 13,772 | $1.2M | Add +1.9% |
| EBAY eBay Inc. | 0.34% | 19,220 | $1.2M | No change |
| PG The Procter & Gamble Co. | 0.33% | 6,907 | $1.2M | No change |
| TRI Thomson Reuters Corp. | 0.32% | 7,074 | $1.1M | No change |
| GRMN Garmin Ltd. | 0.32% | 5,401 | $1.1M | Add +2.9% |
| AZN Astrazeneca PLC-Spons ADR | 0.32% | 16,930 | $1.1M | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.31% | 4,941 | $1.1M | Add +2.2% |
| ITW Illinois Tool Works | 0.31% | 4,267 | $1.1M | No change |
| IMO Imperial Oil Ltd. | 0.30% | 17,266 | $1.1M | No change |
| RSG Republic Services Inc. | 0.30% | 5,215 | $1.0M | No change |
| RWO State Street SPDR Dow Jones | 0.28% | 23,237 | $996K | No change |
| JCI Johnson Controls Internation | 0.28% | 12,603 | $994K | No change |
| ABBNY Abb Ltd.-Spon ADR | 0.28% | 18,073 | $970K | No change |
| RZV Invesco S&P Smallcap 600 Pur | 0.27% | 8,615 | $959K | No change |
| NGG National Grid PLC-SP ADR | 0.27% | 15,874 | $943K | Reduce -2.0% |
| LYB Lyondellbasell Indu Class A | 0.26% | 12,254 | $910K | Reduce -10.3% |
| LIN Linde PLC | 0.26% | 2,173 | $909K | Add +1.5% |
| UNP Union Pacific Corp. | 0.26% | 3,959 | $902K | No change |
| MDLZ Mondelez International Inc. Class A | 0.26% | 15,065 | $899K | Reduce -5.5% |
| KOF Coca-Cola Femsa Sab-SP ADR | 0.24% | 10,765 | $838K | No change |
| PEP Pepsico Inc. | 0.23% | 5,281 | $803K | No change |
| KO The Coca-Cola Co. | 0.23% | 12,720 | $791K | Reduce -0.1% |
| LOGI Logitech International-Reg | 0.22% | 9,539 | $785K | Add +23.2% |
| SWVXX Schwa Prime Adv Money FD-Inv filed as SCHWAB VALUE ADVANTAGE MONEY INVESTOR SHARES | 0.22% | 775,683 | $775K | Reduce -17.5% |
| PSO Pearson PLC-Sponsored ADR | 0.22% | 47,960 | $773K | Add +28.9% |
| COOP Mr Cooper Group Inc. | 0.21% | 7,832 | $751K | No change |
| CAT Caterpillar Inc. | 0.21% | 1,996 | $724K | No change |
| TGT Target Corp. | 0.21% | 5,357 | $724K | No change |
| ORCL Oracle Corp. | 0.20% | 4,113 | $685K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -0.1% | 2.11% | −0.75 |
| EL Estee Lauder Companies Class A | Sold out | 0.00% | −0.34 |
| REET iShares Global REIT ETF | Reduce -8.2% | 1.77% | −0.33 |
| UNH Unitedhealth Group Inc. | Reduce -0.9% | 2.19% | −0.30 |
| HMC Honda Motor Co. Ltd.-Spons ADR | Sold out | 0.00% | −0.27 |
| ELV Elevance Health Inc. | Reduce -1.4% | 0.66% | −0.26 |
| B Barrick Gold Corp. | Sold out | 0.00% | −0.16 |
| TTE Totalenergies SE -Spon ADR | Reduce -48.9% | 0.11% | −0.14 |
| LMT Lockheed Martin Corp. | Reduce -13.0% | 0.38% | −0.13 |
| LYB Lyondellbasell Indu Class A | Reduce -10.3% | 0.26% | −0.11 |
| NVS Novartis AG-Sponsored ADR | Reduce -6.0% | 0.44% | −0.10 |
| FCNCA First Citizens Bcshs Class A | Sold out | 0.00% | −0.10 |
| AMX America Movil Sab DE CV | Sold out | 0.00% | −0.10 |
| RCI Rogers Communications Inc. Class B | Sold out | 0.00% | −0.09 |
| CVS CVS Health Corp. | Reduce -26.7% | 0.10% | −0.09 |
| GPC Genuine Parts Co. | Sold out | 0.00% | −0.08 |
| VALE Vale SA-SP ADR | Sold out | 0.00% | −0.08 |
| ORANY Orange-Spon ADR | Sold out | 0.00% | −0.08 |
| MDLZ Mondelez International Inc. Class A | Reduce -5.5% | 0.26% | −0.07 |
| AWK American Water Works Co. Inc. | Sold out | 0.00% | −0.07 |
| EXPD Expeditors Intl Wash Inc. | Sold out | 0.00% | −0.06 |
| CMCSA Comcast Corp. Class A | Reduce -2.4% | 0.56% | −0.06 |
| CMBT CMB Tech NV | Reduce -0.2% | 0.10% | −0.06 |
| BG Bunge Global SA | Sold out | 0.00% | −0.06 |
| OTEX Open Text Corp. | Sold out | 0.00% | −0.06 |
| SHEL Shell PLC-ADR | Reduce -8.4% | 0.47% | −0.06 |
| ODFL Old Dominion Freight Line | Sold out | 0.00% | −0.06 |
| PHG Koninklijke Philips NVR- NY | Sold out | 0.00% | −0.06 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -0.7% | 4.77% | −0.06 |
| AMCR Amcor PLC | Reduce -12.0% | 0.15% | −0.05 |
| RIO Rio Tinto PLC-Spon ADR | Reduce -10.1% | 0.15% | −0.05 |
| NGG National Grid PLC-SP ADR | Reduce -2.0% | 0.27% | −0.05 |
| SWVXX Schwa Prime Adv Money FD-Inv | Reduce -17.5% | 0.22% | −0.04 |
| ALC Alcon Inc. | Reduce -10.3% | 0.13% | −0.04 |
| KO The Coca-Cola Co. | Reduce -0.1% | 0.23% | −0.03 |
| ADM Archer-Daniels-Midland Co. | Reduce -2.5% | 0.11% | −0.02 |
| HLN Haleon PLC-ADR | Reduce -0.9% | 0.17% | −0.02 |
| IX Orix - Sponsored ADR | Reduce -1.1% | 0.19% | −0.01 |
| OMC Omnicom Group | Reduce -4.7% | 0.06% | −0.01 |
| GFI Gold Fields Ltd.-Spons ADR | Reduce -8.1% | 0.06% | −0.01 |
| DHR Danaher Corp. | Reduce -2.1% | 0.06% | −0.01 |
| TMO Thermo Fisher Scientific Inc. | Reduce -0.2% | 0.07% | −0.01 |
| CB Chubb Ltd. | Reduce -0.1% | 0.55% | −0.01 |
| TAK Takeda Pharmaceutic-SP ADR | Reduce -3.5% | 0.07% | −0.01 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -0.8% | 0.14% | +0.00 |
| RSP Invesco S&P 500 Equal Weight | Reduce -0.0% | 1.30% | +0.00 |
| MSFT Microsoft Corp. | Reduce -0.1% | 3.16% | +0.01 |
| NMR Nomura Holdings Inc.-Spon ADR | Reduce -6.1% | 0.13% | +0.01 |
| DIS The Walt Disney Co. | Reduce -0.5% | 0.37% | +0.06 |
| AVGO Broadcom Inc. | Reduce -0.5% | 0.50% | +0.13 |
Portfolio Buys Q3 2024 → Q4 2024
| JANX Janux Therapeutics Inc. | Add +205.3% | 0.37% | +0.27 |
| TSEM Tower Semiconductor Ltd. | New | 0.19% | +0.19 |
| IQ Iqiyi Inc.-ADR | New | 0.19% | +0.19 |
| WMT Walmart Inc. | Add +0.6% | 1.18% | +0.16 |
| MCK McKesson Corp. | Add +1.0% | 0.84% | +0.14 |
| EDU New Oriental Educatio-SP ADR | New | 0.09% | +0.09 |
| FTNT Fortinet Inc. | New | 0.09% | +0.09 |
| VOD Vodafone Group PLC-SP ADR | New | 0.08% | +0.08 |
| CSCO Cisco Systems Inc. | Add +1.9% | 0.59% | +0.08 |
| PSO Pearson PLC-Sponsored ADR | Add +28.9% | 0.22% | +0.08 |
| WIT Wipro Ltd.-ADR | Add +13.1% | 0.37% | +0.08 |
| CF CF Industries Holdings Inc. | New | 0.07% | +0.07 |
| FOX Fox Corp. Class B | New | 0.07% | +0.07 |
| PDD PDD Holdings Inc. | New | 0.07% | +0.07 |
| DSGX The Descartes Systems Grp | New | 0.06% | +0.06 |
| NTES Netease Inc.-ADR | Add +111.6% | 0.12% | +0.06 |
| TM Toyota Motor Corp. -Spon ADR | Add +1.5% | 0.54% | +0.06 |
| LNG Cheniere Energy Inc. | Add +54.4% | 0.13% | +0.06 |
| SONY Sony Group Corp. - SP ADR | Add +37.0% | 0.18% | +0.06 |
| BIDU Baidu Inc. - Spon ADR | Add +129.8% | 0.13% | +0.06 |
| GRMN Garmin Ltd. | Add +2.9% | 0.32% | +0.06 |
| CRBG Corebridge Financial Inc. | New | 0.06% | +0.06 |
| PCAR Paccar Inc. | Add +1.0% | 0.59% | +0.05 |
| CME Cme Group Inc. | Add +1.3% | 0.54% | +0.05 |
| ADP Automatic Data Processing | Add +1.2% | 0.51% | +0.05 |
| MSI Motorola Solutions Inc. | Add +1.5% | 0.69% | +0.04 |
| QFIN Qfin Holdings Inc.-ADR | Add +5.7% | 0.16% | +0.04 |
| COST Costco Wholesale Corp. | Add +1.2% | 0.56% | +0.04 |
| LOGI Logitech International-Reg | Add +23.2% | 0.22% | +0.03 |
| SRE Sempra | Add +1.9% | 0.34% | +0.03 |
| HSBC HSBC Holdings PLC-Spons ADR | Add +7.0% | 0.17% | +0.03 |
| ATAT Atour Lifestyle Holdings-ADR | Add +11.8% | 0.18% | +0.03 |
| RGA Reinsurance Group of America | Add +24.2% | 0.14% | +0.03 |
| FN Fabrinet | Add +32.5% | 0.13% | +0.03 |
| FHN First Horizon Corp. | Add +8.0% | 0.08% | +0.02 |
| RDY Dr. Reddy's Laboratories-ADR | Add +13.1% | 0.17% | +0.02 |
| BABA Alibaba Group Holding-SP ADR | Add +54.6% | 0.10% | +0.02 |
| SNA Snap-on Inc. | Add +11.1% | 0.07% | +0.02 |
| FINV Finvolution Group-ADR | Add +8.0% | 0.09% | +0.02 |
| DE Deere & Co. | Add +8.7% | 0.12% | +0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.7% | 0.94% | +0.01 |
| ENB Enbridge Inc. | Add +6.6% | 0.11% | +0.01 |
| IBM Intl Business Machines Corp. | Add +2.2% | 0.31% | +0.01 |
| SUZ Suzano SA - Spon ADR | Add +11.1% | 0.09% | +0.01 |
| AZO AutoZone Inc. | Add +6.3% | 0.12% | +0.01 |
| T AT&T Inc. | Add +8.8% | 0.09% | +0.01 |
| MO Altria Group Inc. | Add +7.0% | 0.09% | +0.01 |
| INFY Infosys Ltd.-SP ADR | Add +1.7% | 0.39% | +0.01 |
| KEYS Keysight Technologies Inc. | Add +5.9% | 0.11% | +0.01 |
| FMX Fomento Economico Mex-SP ADR | Add +21.2% | 0.13% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 166 | $427.1M | GOOG, AAPL, GOOGL, USMV, MU |
| Q1 2026 | 233 | $390.9M | GOOG, AAPL, USMV, GOOGL, EFAV |
| Q4 2025 | 199 | $382.4M | GOOG, AAPL, USMV, GOOGL, EFAV |
| Q3 2025 | 200 | $370.6M | AAPL, GOOG, USMV, EFAV, GOOGL |
| Q2 2025 | 214 | $358.9M | AAPL, USMV, GOOG, EFAV, EEMV |
| Q1 2025 | 214 | $345.6M | AAPL, USMV, EFAV, GOOG, EEMV |
| Q4 2024 | 216 | $350.4M | AAPL, GOOG, USMV, EEMV, EFAV |
| Q3 2024 | 221 | $358.7M | AAPL, USMV, GOOG, EEMV, EFAV |
| Q2 2024 | 178 | $316.0M | AAPL, GOOG, USMV, EEMV, EFAV |
| Q1 2024 | 179 | $309.5M | AAPL, USMV, GOOG, EEMV, EFAV |