Lester Murray Antman dba SimplyRich

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 10, 2025), Lester Murray Antman dba SimplyRich reported 200 stock positions worth $370.6 million. Its top holding was Apple (AAPL) at 7.4% of the portfolio, followed by Alphabet Class C (GOOG, 6.5%) and iShares MSCI USA Min Vol Fac (USMV, 5.4%). Compared with Q2 2025, it opened 9 new positions, sold out of 23, added to 26 and reduced 89. The biggest buy was Vipshop Holdings Ltd. - ADR (VIPS, shares +0%) and the biggest sale Novo-Nordisk A/S-Spons ADR (NVO, shares −8%).

Most Recent 13F
Q2 2026
Location
CARLSBAD, CA
CIK
0001725888
Portfolio Value
$370.6M (Q3 2025)
SEC Filing
0001725888-25-000004 ↗ filed Oct 10, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $309.5M Q1 2024 Q2 2024: $316.0M Q2 2024 Q3 2024: $358.7M Q3 2024 Q4 2024: $350.4M Q4 2024 Q1 2025: $345.6M Q1 2025 Q2 2025: $358.9M Q2 2025 Q3 2025: $370.6M $370.6M Q3 2025 Q4 2025: $382.4M Q4 2025 Q1 2026: $390.9M Q1 2026 Q2 2026: $427.1M Q2 2026

Holdings 200 stocks · $370.6M
AAPL Apple Inc. 7.44% 108,295 $27.6M Reduce -0.1%
GOOG Alphabet Inc. Class C 6.50% 98,920 $24.1M Reduce -0.2%
USMV iShares MSCI USA Min Vol Fac 5.41% 210,695 $20.0M Reduce -3.8%
EFAV iShares MSCI Eafe Min Vol Fa 4.35% 190,104 $16.1M Reduce -6.6%
GOOGL Alphabet Inc. Class A 4.05% 61,747 $15.0M No change
EEMV iShares MSCI Emg MKT Min Vol 4.02% 233,666 $14.9M Reduce -7.8%
MSFT Microsoft Corp. 3.61% 25,856 $13.4M Reduce -1.3%
TSM Taiwan Semiconductor-SP ADR 2.63% 34,895 $9.7M No change
V Visa Inc. Class A 2.17% 23,552 $8.0M No change
HD Home Depot Inc. 1.87% 17,070 $6.9M Reduce -0.0%
UNH Unitedhealth Group Inc. 1.41% 15,108 $5.2M Reduce -0.0%
RSP Invesco S&P 500 Equal Weight 1.34% 26,084 $4.9M No change
WMT Walmart Inc. 1.27% 45,785 $4.7M Reduce -0.0%
NVO Novo-Nordisk A/S-Spons ADR 1.27% 84,621 $4.7M Reduce -8.4%
MCK McKesson Corp. 1.08% 5,191 $4.0M No change
RELX Relx PLC - Spon ADR 1.04% 80,986 $3.9M Reduce -0.0%
REET iShares Global REIT ETF 1.00% 144,586 $3.7M Reduce -14.7%
BRK.B Berkshire Hathaway Inc. Class B 0.99% 7,277 $3.7M Reduce -0.0%
CI The Cigna Group 0.97% 12,504 $3.6M No change
SCCO Southern Copper Corp. 0.96% 29,422 $3.6M Add +2.7%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.91% 23,358 $3.4M No change
MCD McDonald's Corp. 0.89% 10,839 $3.3M Reduce -0.1%
MA Mastercard Inc. Class A 0.79% 5,162 $2.9M No change
VIPS Vipshop Holdings Ltd. - ADR 0.78% 146,753 $2.9M Add +0.5%
MU Micron Technology Inc. 0.72% 15,900 $2.7M No change
RACE Ferrari NV 0.70% 5,319 $2.6M Reduce -0.3%
GIB Cgi Inc. 0.70% 28,912 $2.6M Reduce -2.1%
AMGN Amgen Inc. 0.69% 8,999 $2.5M Reduce -0.3%
AMZN Amazon.com Inc. 0.67% 11,280 $2.5M No change
AVGO Broadcom Inc. 0.67% 7,486 $2.5M No change
CSCO Cisco Systems Inc. 0.65% 35,155 $2.4M Reduce -0.0%
RTX RTX Corp. 0.64% 14,216 $2.4M No change
NVS Novartis AG-Sponsored ADR 0.61% 17,770 $2.3M Reduce -0.0%
RBA RB Global Inc. 0.61% 20,839 $2.3M No change
MSI Motorola Solutions Inc. 0.60% 4,870 $2.2M Reduce -5.5%
CME Cme Group Inc. 0.60% 8,170 $2.2M Reduce -0.0%
SHEL Shell PLC-ADR 0.57% 29,354 $2.1M Add +0.0%
ICE Intercontinental Exchange Inc. 0.54% 11,895 $2.0M No change
ACN Accenture PLC Class A 0.54% 8,088 $2.0M No change
SAP Sap SE-Sponsored ADR 0.53% 7,375 $2.0M No change
COST Costco Wholesale Corp. 0.53% 2,126 $2.0M Reduce -0.1%
CB Chubb Ltd. 0.53% 6,942 $2.0M Reduce -0.1%
TTWO Take-Two Interactive Softwre 0.53% 7,560 $2.0M No change
ELV Elevance Health Inc. 0.53% 6,029 $1.9M Reduce -2.1%
ACWV iShares MSCI Global Min Vol 0.52% 15,986 $1.9M Add +0.0%
UL Unilever PLC 0.52% 32,322 $1.9M Add +2.5%
NOC Northrop Grumman Corp. 0.50% 3,067 $1.9M No change
ASML ASML Holding NV-NY Reg SHS 0.50% 1,903 $1.8M No change
AFL Aflac Inc. 0.50% 16,468 $1.8M Reduce -1.4%
ADP Automatic Data Processing 0.49% 6,150 $1.8M Reduce -0.0%
TM Toyota Motor Corp. -Spon ADR 0.48% 9,243 $1.8M Reduce -0.0%
PCAR Paccar Inc. 0.48% 17,960 $1.8M Reduce -0.0%
EBAY eBay Inc. 0.47% 19,220 $1.7M No change
NKE Nike Inc. Class B 0.47% 24,736 $1.7M Reduce -0.0%
PNC PNC Financial Services Group 0.45% 8,255 $1.7M No change
CMCSA Comcast Corp. Class A 0.44% 52,464 $1.6M Add +0.2%
COOP Mr Cooper Group Inc. 0.44% 7,677 $1.6M No change
BN Brookfield Corp. 0.44% 23,569 $1.6M No change
IMO Imperial Oil Ltd. 0.42% 17,266 $1.6M No change
CNI Canadian Natl Railway Co. 0.42% 16,343 $1.5M Reduce -8.9%
LMT Lockheed Martin Corp. 0.41% 3,074 $1.5M Reduce -3.8%
BRK.A Berkshire Hathaway Inc. Class A 0.41% 2 $1.5M No change
FDX FedEx Corp. 0.39% 6,100 $1.4M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.38% 4,939 $1.4M Reduce -0.1%
JCI Johnson Controls Internation 0.37% 12,603 $1.4M No change
VNQ Vanguard Real Estate ETF 0.37% 15,082 $1.4M Reduce -1.7%
AZN Astrazeneca PLC-Spons ADR 0.37% 17,901 $1.4M Add +0.2%
TGS Transportador Gas-ADR SP B 0.37% 64,494 $1.4M Reduce -0.0%
GRMN Garmin Ltd. 0.35% 5,336 $1.3M Reduce -0.1%
PYPL PayPal Holdings Inc. 0.33% 18,370 $1.2M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.33% 10,567 $1.2M No change
IX Orix - Sponsored ADR filed as ORIX CORP 0.33% 46,281 $1.2M Add +1.4%
FISV Fiserv Inc. 0.33% 9,358 $1.2M Reduce -0.6%
RSG Republic Services Inc. 0.32% 5,215 $1.2M No change
MRSH Marsh & McLennan Cos 0.31% 5,745 $1.2M Reduce -2.1%
ORCL Oracle Corp. 0.31% 4,113 $1.2M No change
ITW Illinois Tool Works 0.30% 4,267 $1.1M No change
TRI Thomson Reuters Corp. 0.30% 7,074 $1.1M No change
BVN Cia DE Minas Buenaventur-ADR filed as COMPANIA DE MINAS BUENAVENTU 0.29% 44,927 $1.1M Add +1.9%
RWO State Street SPDR Dow Jones 0.29% 23,237 $1.1M No change
PG The Procter & Gamble Co. 0.28% 6,854 $1.1M No change
SRE Sempra 0.28% 11,572 $1.0M Add +1.4%
MDLZ Mondelez International Inc. Class A 0.28% 16,344 $1.0M Reduce -3.1%
RZV Invesco S&P Smallcap 600 Pur 0.27% 8,567 $1.0M No change
NGG National Grid PLC-SP ADR 0.27% 13,759 $999K Add +6.6%
CAT Caterpillar Inc. 0.26% 1,996 $952K No change
AU Anglogold Ashanti PLC 0.26% 13,529 $951K Reduce -0.1%
UNP Union Pacific Corp. 0.25% 3,901 $922K No change
KOF Coca-Cola Femsa Sab-SP ADR 0.24% 10,765 $894K No change
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC 0.24% 12,322 $874K Reduce -0.1%
SONY Sony Group Corp. - SP ADR 0.23% 29,715 $855K Add +2.2%
KO The Coca-Cola Co. 0.22% 12,561 $833K Reduce -0.0%
ATAT Atour Lifestyle Holdings-ADR 0.22% 21,612 $812K Reduce -0.1%
WIT Wipro Ltd.-ADR 0.21% 302,890 $796K Reduce -0.1%
TCOM Trip.com Group Ltd.-ADR 0.21% 10,415 $783K Add +68.5%
DHI D.R. Horton Inc. 0.21% 4,595 $778K No change
META Meta Platforms Inc. Class A 0.21% 1,059 $777K No change
BIDU Baidu Inc. - Spon ADR 0.21% 5,895 $776K Add +4.8%
CVS CVS Health Corp. 0.21% 10,304 $776K Reduce -0.1%
LOGI Logitech International-Reg 0.21% 7,034 $771K Add +2.3%

Show all 200 holdings

Portfolio Sells Q2 2025 → Q3 2025
NVO Novo-Nordisk A/S-Spons ADR Reduce -8.4% 1.27% −0.51
LVMUY LVMH Moet Hennessy-Unsp ADR Sold out 0.00% −0.43
EFAV iShares MSCI Eafe Min Vol Fa Reduce -6.6% 4.35% −0.41
EEMV iShares MSCI Emg MKT Min Vol Reduce -7.8% 4.02% −0.41
NTTYY NTT Inc. - ADR Sold out 0.00% −0.33
USMV iShares MSCI USA Min Vol Fac Reduce -3.8% 5.41% −0.32
ABBNY Abb Ltd.-Spon ADR Sold out 0.00% −0.30
RELX Relx PLC - Spon ADR Reduce -0.0% 1.04% −0.18
ALIZY Allianz SE - Unsp ADR Sold out 0.00% −0.18
BRDCY Bridgestone Corp.-Unspons ADR Sold out 0.00% −0.17
SWVXX Schwa Prime Adv Money FD-Inv Sold out 0.00% −0.17
REET iShares Global REIT ETF Reduce -14.7% 1.00% −0.17
GIB Cgi Inc. Reduce -2.1% 0.70% −0.17
FIPDX Fidelity Infl PR BND-Ins PRM Sold out 0.00% −0.16
DODGX Dodge & Cox Stock-I Sold out 0.00% −0.16
KMTUY Komatsu Ltd. -Spons ADR Sold out 0.00% −0.16
VTSAX VNGD Mrngst TS MK Idx FD-Adm Sold out 0.00% −0.16
ELV Elevance Health Inc. Reduce -2.1% 0.53% −0.14
AMCR Amcor PLC Sold out 0.00% −0.13
FISV Fiserv Inc. Reduce -0.6% 0.33% −0.13
VTWAX Vanguard TTL WRL STK Ind-Adm Sold out 0.00% −0.12
CNI Canadian Natl Railway Co. Reduce -8.9% 0.42% −0.10
FTNT Fortinet Inc. Sold out 0.00% −0.10
TGS Transportador Gas-ADR SP B Reduce -0.0% 0.37% −0.10
BASFY Basf SE-Spon ADR Sold out 0.00% −0.09
FSKAX Fidelity TTL MKT Indx Sold out 0.00% −0.09
SWTSX Schwab Tot STK MRKT Indx Sold out 0.00% −0.08
FBGRX Fidelity Blue Chip Growth Sold out 0.00% −0.08
BALL Ball Corp. Sold out 0.00% −0.07
DODWX Dodge & Cox Global Stock-I Sold out 0.00% −0.07
VRSK Verisk Analytics Inc. Sold out 0.00% −0.07
BUD Anheuser-Busch Inbev-SPN ADR Sold out 0.00% −0.06
QFIN Qfin Holdings Inc.-ADR Reduce -1.4% 0.11% −0.06
VMNVX Vanguard Global Min Vol-Adm Sold out 0.00% −0.06
COST Costco Wholesale Corp. Reduce -0.1% 0.53% −0.06
MCO Moody's Corp. Sold out 0.00% −0.06
MRSH Marsh & McLennan Cos Reduce -2.1% 0.31% −0.05
PSO Pearson PLC-Sponsored ADR Reduce -15.1% 0.16% −0.04
ADP Automatic Data Processing Reduce -0.0% 0.49% −0.04
MDLZ Mondelez International Inc. Class A Reduce -3.1% 0.28% −0.04
WIT Wipro Ltd.-ADR Reduce -0.1% 0.21% −0.04
ALC Alcon Inc. Reduce -11.5% 0.09% −0.04
LYB Lyondellbasell Indu Class A Reduce -0.6% 0.16% −0.04
RACE Ferrari NV Reduce -0.3% 0.70% −0.03
CB Chubb Ltd. Reduce -0.1% 0.53% −0.03
CME Cme Group Inc. Reduce -0.0% 0.60% −0.03
CSCO Cisco Systems Inc. Reduce -0.0% 0.65% −0.03
FINV Finvolution Group-ADR Reduce -0.2% 0.09% −0.03
IBM Intl Business Machines Corp. Reduce -0.1% 0.38% −0.03
CHKP Check Point Software Tech Reduce -2.1% 0.20% −0.03

Portfolio Buys Q2 2025 → Q3 2025
VIPS Vipshop Holdings Ltd. - ADR Add +0.5% 0.78% +0.17
SCCO Southern Copper Corp. Add +2.7% 0.96% +0.16
RIO Rio Tinto PLC-Spon ADR New 0.12% +0.12
TCOM Trip.com Group Ltd.-ADR Add +68.5% 0.21% +0.11
PBR Petroleo Brasileiro-Spon ADR New 0.10% +0.10
BVN Cia DE Minas Buenaventur-ADR Add +1.9% 0.29% +0.09
VALE Vale SA-SP ADR New 0.09% +0.09
GFI Gold Fields Ltd.-Spons ADR Add +1.4% 0.20% +0.08
BIDU Baidu Inc. - Spon ADR Add +4.8% 0.21% +0.08
VLO Valero Energy Corp. New 0.07% +0.07
IDXX Idexx Laboratories Inc. New 0.06% +0.06
TMO Thermo Fisher Scientific Inc. New 0.06% +0.06
TLK Telkom Indonesia Persero-ADR New 0.06% +0.06
SU Suncor Energy Inc. New 0.06% +0.06
CMI Cummins Inc. New 0.05% +0.05
SRE Sempra Add +1.4% 0.28% +0.04
IX Orix - Sponsored ADR Add +1.4% 0.33% +0.04
LOGI Logitech International-Reg Add +2.3% 0.21% +0.04
AEG Aegon Ltd.-NY Reg SHR Add +36.1% 0.11% +0.03
ESLT Elbit Systems Ltd. Add +9.9% 0.16% +0.03
SBS Cia Saneamento Basico DE-ADR Add +10.2% 0.14% +0.02
AZN Astrazeneca PLC-Spons ADR Add +0.2% 0.37% +0.02
SONY Sony Group Corp. - SP ADR Add +2.2% 0.23% +0.02
INFY Infosys Ltd.-SP ADR Add +26.6% 0.20% +0.01
SKM SK Telecom Co. Ltd.-Spon ADR Add +29.1% 0.09% +0.01
FOX Fox Corp. Class B Add +2.4% 0.09% +0.01
TSCO Tractor Supply Company Add +2.3% 0.07% +0.00
TTE Totalenergies SE -Spon ADR Add +9.1% 0.13% +0.00
NGG National Grid PLC-SP ADR Add +6.6% 0.27% +0.00
SHEL Shell PLC-ADR Add +0.0% 0.57% −0.01
ACWV iShares MSCI Global Min Vol Add +0.0% 0.52% −0.01
SLF Sun Life Financial Inc. Add +0.8% 0.13% −0.02
UL Unilever PLC Add +2.5% 0.52% −0.02
HLN Haleon PLC-ADR Add +4.4% 0.16% −0.02
CMCSA Comcast Corp. Class A Add +0.2% 0.44% −0.08

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 166$427.1MGOOG, AAPL, GOOGL, USMV, MU
Q1 2026 233$390.9MGOOG, AAPL, USMV, GOOGL, EFAV
Q4 2025 199$382.4MGOOG, AAPL, USMV, GOOGL, EFAV
Q3 2025 200$370.6MAAPL, GOOG, USMV, EFAV, GOOGL
Q2 2025 214$358.9MAAPL, USMV, GOOG, EFAV, EEMV
Q1 2025 214$345.6MAAPL, USMV, EFAV, GOOG, EEMV
Q4 2024 216$350.4MAAPL, GOOG, USMV, EEMV, EFAV
Q3 2024 221$358.7MAAPL, USMV, GOOG, EEMV, EFAV
Q2 2024 178$316.0MAAPL, GOOG, USMV, EEMV, EFAV
Q1 2024 179$309.5MAAPL, USMV, GOOG, EEMV, EFAV