Lester Murray Antman dba SimplyRich
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 23, 2026), Lester Murray Antman dba SimplyRich reported 199 stock positions worth $382.4 million. Its top holding was Alphabet Class C (GOOG) at 7.9% of the portfolio, followed by Apple (AAPL, 7.6%) and iShares MSCI USA Min Vol Fac (USMV, 5.4%). Compared with Q3 2025, it opened 10 new positions, sold out of 11, added to 49 and reduced 53. The biggest buy was a new position in Rocket Cos Class A (RKT) and the biggest sale an exit from Unilever (UL).
- Most Recent 13F
- Q2 2026
- Location
- CARLSBAD, CA
- CIK
- 0001725888
- Portfolio Value
- $382.4M (Q4 2025)
- SEC Filing
- 0001725888-26-000001 ↗ filed Jan 23, 2026
Holdings Value
Holdings 199 stocks · $382.4M
| GOOG Alphabet Inc. Class C | 7.86% | 95,815 | $30.1M | Reduce -3.1% |
| AAPL Apple Inc. | 7.63% | 107,389 | $29.2M | Reduce -0.8% |
| USMV iShares MSCI USA Min Vol Fac | 5.43% | 220,714 | $20.8M | Add +4.8% |
| GOOGL Alphabet Inc. Class A | 5.05% | 61,722 | $19.3M | Reduce -0.0% |
| EFAV iShares MSCI Eafe Min Vol Fa | 4.30% | 190,855 | $16.5M | Add +0.4% |
| EEMV iShares MSCI Emg MKT Min Vol | 3.79% | 226,403 | $14.5M | Reduce -3.1% |
| MSFT Microsoft Corp. | 3.27% | 25,839 | $12.5M | Reduce -0.1% |
| TSM Taiwan Semiconductor-SP ADR | 2.77% | 34,816 | $10.6M | Reduce -0.2% |
| V Visa Inc. Class A | 2.16% | 23,552 | $8.3M | No change |
| HD Home Depot Inc. | 1.54% | 17,071 | $5.9M | Add +0.0% |
| WMT Walmart Inc. | 1.33% | 45,791 | $5.1M | Add +0.0% |
| UNH Unitedhealth Group Inc. | 1.31% | 15,201 | $5.0M | Add +0.6% |
| RSP Invesco S&P 500 Equal Weight | 1.31% | 26,084 | $5.0M | No change |
| MU Micron Technology Inc. | 1.19% | 15,900 | $4.5M | No change |
| NVO Novo-Nordisk A/S-Spons ADR | 1.15% | 86,247 | $4.4M | Add +1.9% |
| SCCO Southern Copper Corp. | 1.11% | 29,710 | $4.3M | Add +1.0% |
| MCK McKesson Corp. | 1.11% | 5,193 | $4.3M | Add +0.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.96% | 7,277 | $3.7M | No change |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.94% | 23,358 | $3.6M | No change |
| REET iShares Global REIT ETF | 0.91% | 140,204 | $3.5M | Reduce -3.0% |
| CI The Cigna Group | 0.90% | 12,504 | $3.4M | No change |
| MCD McDonald's Corp. | 0.86% | 10,823 | $3.3M | Reduce -0.1% |
| RELX Relx PLC - Spon ADR | 0.80% | 75,967 | $3.1M | Reduce -6.2% |
| MA Mastercard Inc. Class A | 0.77% | 5,162 | $2.9M | No change |
| AMGN Amgen Inc. | 0.77% | 8,999 | $2.9M | No change |
| GIB Cgi Inc. | 0.71% | 29,462 | $2.7M | Add +1.9% |
| CSCO Cisco Systems Inc. | 0.71% | 35,159 | $2.7M | Add +0.0% |
| VIPS Vipshop Holdings Ltd. - ADR | 0.68% | 147,719 | $2.6M | Add +0.7% |
| RTX RTX Corp. | 0.68% | 14,216 | $2.6M | No change |
| AVGO Broadcom Inc. | 0.68% | 7,471 | $2.6M | Reduce -0.2% |
| AMZN Amazon.com Inc. | 0.64% | 10,646 | $2.5M | Reduce -5.6% |
| NVS Novartis AG-Sponsored ADR | 0.64% | 17,770 | $2.4M | No change |
| CME Cme Group Inc. | 0.58% | 8,149 | $2.2M | Reduce -0.3% |
| RBA RB Global Inc. | 0.58% | 21,610 | $2.2M | Add +3.7% |
| ACN Accenture PLC Class A | 0.57% | 8,088 | $2.2M | No change |
| SHEL Shell PLC-ADR | 0.56% | 29,359 | $2.2M | Add +0.0% |
| CB Chubb Ltd. | 0.56% | 6,894 | $2.2M | Reduce -0.7% |
| ELV Elevance Health Inc. | 0.55% | 6,029 | $2.1M | No change |
| TGS Transportador Gas-ADR SP B | 0.53% | 65,396 | $2.0M | Add +1.4% |
| TM Toyota Motor Corp. -Spon ADR | 0.52% | 9,208 | $2.0M | Reduce -0.4% |
| PCAR Paccar Inc. | 0.51% | 17,963 | $2.0M | Add +0.0% |
| RACE Ferrari NV | 0.51% | 5,319 | $2.0M | No change |
| ASML ASML Holding NV-NY Reg SHS | 0.51% | 1,830 | $2.0M | Reduce -3.8% |
| TTWO Take-Two Interactive Softwre | 0.51% | 7,560 | $1.9M | No change |
| ICE Intercontinental Exchange Inc. | 0.50% | 11,895 | $1.9M | No change |
| ACWV iShares MSCI Global Min Vol | 0.50% | 16,106 | $1.9M | Add +0.8% |
| MSI Motorola Solutions Inc. | 0.49% | 4,845 | $1.9M | Reduce -0.5% |
| IX Orix - Sponsored ADR filed as ORIX CORP | 0.48% | 63,321 | $1.9M | Add +36.8% |
| AFL Aflac Inc. | 0.48% | 16,617 | $1.8M | Add +0.9% |
| COST Costco Wholesale Corp. | 0.47% | 2,078 | $1.8M | Reduce -2.3% |
| SAP Sap SE-Sponsored ADR | 0.47% | 7,375 | $1.8M | No change |
| FDX FedEx Corp. | 0.46% | 6,100 | $1.8M | No change |
| NOC Northrop Grumman Corp. | 0.46% | 3,067 | $1.7M | No change |
| PNC PNC Financial Services Group | 0.45% | 8,255 | $1.7M | No change |
| EBAY eBay Inc. | 0.44% | 19,220 | $1.7M | No change |
| AZN Astrazeneca PLC-Spons ADR | 0.43% | 18,063 | $1.7M | Add +0.9% |
| RKT Rocket Cos Inc. Class A | 0.43% | 84,447 | $1.6M | New |
| BN Brookfield Corp. | 0.42% | 35,351 | $1.6M | No change |
| CNI Canadian Natl Railway Co. | 0.42% | 16,194 | $1.6M | Reduce -0.9% |
| NKE Nike Inc. Class B | 0.41% | 24,574 | $1.6M | Reduce -0.7% |
| ADP Automatic Data Processing | 0.40% | 6,005 | $1.5M | Reduce -2.4% |
| LMT Lockheed Martin Corp. | 0.40% | 3,156 | $1.5M | Add +2.7% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.39% | 2 | $1.5M | No change |
| JCI Johnson Controls Internation | 0.39% | 12,603 | $1.5M | No change |
| IMO Imperial Oil Ltd. | 0.39% | 17,166 | $1.5M | Reduce -0.6% |
| CMCSA Comcast Corp. Class A | 0.39% | 49,289 | $1.5M | Reduce -6.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.38% | 4,940 | $1.5M | Add +0.0% |
| VNQ Vanguard Real Estate ETF | 0.35% | 15,082 | $1.3M | No change |
| BVN Cia DE Minas Buenaventur-ADR filed as COMPANIA DE MINAS BUENAVENTU | 0.33% | 45,728 | $1.3M | Add +1.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.31% | 10,567 | $1.2M | No change |
| AU Anglogold Ashanti PLC | 0.30% | 13,529 | $1.2M | No change |
| CAT Caterpillar Inc. | 0.30% | 1,996 | $1.1M | No change |
| RSG Republic Services Inc. | 0.29% | 5,215 | $1.1M | No change |
| GRMN Garmin Ltd. | 0.28% | 5,332 | $1.1M | Reduce -0.1% |
| PYPL PayPal Holdings Inc. | 0.28% | 18,370 | $1.1M | No change |
| MRSH Marsh & McLennan Cos | 0.28% | 5,743 | $1.1M | Reduce -0.0% |
| NGG National Grid PLC-SP ADR | 0.28% | 13,763 | $1.1M | Add +0.0% |
| ITW Illinois Tool Works | 0.27% | 4,267 | $1.1M | No change |
| RWO State Street SPDR Dow Jones | 0.27% | 23,237 | $1.0M | No change |
| KOF Coca-Cola Femsa Sab-SP ADR | 0.27% | 10,765 | $1.0M | No change |
| SRE Sempra | 0.27% | 11,508 | $1.0M | Reduce -0.6% |
| RZV Invesco S&P Smallcap 600 Pur | 0.26% | 8,521 | $1.0M | Reduce -0.5% |
| PG The Procter & Gamble Co. | 0.26% | 6,854 | $982K | No change |
| HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC | 0.26% | 12,445 | $979K | Add +1.0% |
| TRI Thomson Reuters Corp. | 0.24% | 7,018 | $925K | Reduce -0.8% |
| UNP Union Pacific Corp. | 0.24% | 3,901 | $902K | No change |
| KO The Coca-Cola Co. | 0.23% | 12,483 | $872K | Reduce -0.6% |
| AEG Aegon Ltd.-NY Reg SHR | 0.22% | 111,086 | $856K | Add +124.5% |
| WIT Wipro Ltd.-ADR | 0.22% | 301,350 | $855K | Reduce -0.5% |
| INFY Infosys Ltd.-SP ADR | 0.22% | 46,453 | $827K | Add +2.3% |
| ATAT Atour Lifestyle Holdings-ADR | 0.22% | 20,933 | $824K | Reduce -3.1% |
| CVS CVS Health Corp. | 0.21% | 10,304 | $817K | No change |
| COF Capital One Financial Corp. | 0.21% | 3,375 | $817K | No change |
| ORCL Oracle Corp. | 0.21% | 4,113 | $801K | No change |
| ESLT Elbit Systems Ltd. | 0.20% | 1,351 | $780K | Add +19.8% |
| SONY Sony Group Corp. - SP ADR | 0.20% | 29,727 | $761K | Add +0.0% |
| CAH Cardinal Health Inc. | 0.20% | 3,700 | $760K | No change |
| MDLZ Mondelez International Inc. Class A | 0.20% | 14,055 | $756K | Reduce -14.0% |
| GFI Gold Fields Ltd.-Spons ADR | 0.20% | 17,305 | $755K | Add +0.1% |
| PEP Pepsico Inc. | 0.19% | 5,176 | $742K | Reduce -0.8% |
Portfolio Sells Q3 2025 → Q4 2025
| UL Unilever PLC | Sold out | 0.00% | −0.52 |
| COOP Mr Cooper Group Inc. | Sold out | 0.00% | −0.44 |
| MSFT Microsoft Corp. | Reduce -0.1% | 3.27% | −0.35 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.33 |
| RELX Relx PLC - Spon ADR | Reduce -6.2% | 0.80% | −0.24 |
| EEMV iShares MSCI Emg MKT Min Vol | Reduce -3.1% | 3.79% | −0.23 |
| TTE Totalenergies SE -Spon ADR | Sold out | 0.00% | −0.13 |
| MSI Motorola Solutions Inc. | Reduce -0.5% | 0.49% | −0.12 |
| FINV Finvolution Group-ADR | Sold out | 0.00% | −0.09 |
| ADP Automatic Data Processing | Reduce -2.4% | 0.40% | −0.08 |
| REET iShares Global REIT ETF | Reduce -3.0% | 0.91% | −0.08 |
| K Kellanova | Sold out | 0.00% | −0.08 |
| MDLZ Mondelez International Inc. Class A | Reduce -14.0% | 0.20% | −0.08 |
| LIN Linde PLC | Reduce -27.3% | 0.13% | −0.08 |
| VZ Verizon Communications Inc. | Reduce -40.0% | 0.09% | −0.08 |
| GRMN Garmin Ltd. | Reduce -0.1% | 0.28% | −0.07 |
| COST Costco Wholesale Corp. | Reduce -2.3% | 0.47% | −0.06 |
| TLK Telkom Indonesia Persero-ADR | Sold out | 0.00% | −0.06 |
| CMCSA Comcast Corp. Class A | Reduce -6.0% | 0.39% | −0.06 |
| VICI Vici Properties Inc. | Sold out | 0.00% | −0.06 |
| BEKE Ke Holdings Inc.-ADR | Sold out | 0.00% | −0.06 |
| SIRI Sirius XM Holdings Inc. | Sold out | 0.00% | −0.06 |
| CF CF Industries Holdings Inc. | Sold out | 0.00% | −0.06 |
| NKE Nike Inc. Class B | Reduce -0.7% | 0.41% | −0.06 |
| TRI Thomson Reuters Corp. | Reduce -0.8% | 0.24% | −0.05 |
| QFIN Qfin Holdings Inc.-ADR | Reduce -21.9% | 0.06% | −0.05 |
| TCOM Trip.com Group Ltd.-ADR | Reduce -18.7% | 0.16% | −0.05 |
| CHKP Check Point Software Tech | Reduce -6.3% | 0.16% | −0.04 |
| IMO Imperial Oil Ltd. | Reduce -0.6% | 0.39% | −0.04 |
| MRSH Marsh & McLennan Cos | Reduce -0.0% | 0.28% | −0.03 |
| LNG Cheniere Energy Inc. | Reduce -4.4% | 0.10% | −0.03 |
| TELFY Telefonica SA-Spon ADR | Reduce -0.3% | 0.11% | −0.03 |
| SKM SK Telecom Co. Ltd.-Spon ADR | Reduce -22.4% | 0.07% | −0.03 |
| T AT&T Inc. | Reduce -0.3% | 0.15% | −0.03 |
| AMZN Amazon.com Inc. | Reduce -5.6% | 0.64% | −0.03 |
| LYB Lyondellbasell Indu Class A | Reduce -1.3% | 0.13% | −0.02 |
| MCD McDonald's Corp. | Reduce -0.1% | 0.86% | −0.02 |
| MO Altria Group Inc. | Reduce -1.7% | 0.09% | −0.02 |
| BIDU Baidu Inc. - Spon ADR | Reduce -4.8% | 0.19% | −0.02 |
| TXN Texas Instruments Inc. | Reduce -15.1% | 0.06% | −0.02 |
| PSO Pearson PLC-Sponsored ADR | Reduce -6.1% | 0.14% | −0.02 |
| SRE Sempra | Reduce -0.6% | 0.27% | −0.02 |
| DGX Quest Diagnostics Inc. | Reduce -1.6% | 0.09% | −0.01 |
| CME Cme Group Inc. | Reduce -0.3% | 0.58% | −0.01 |
| PSA Public Storage | Reduce -0.2% | 0.07% | −0.01 |
| RZV Invesco S&P Smallcap 600 Pur | Reduce -0.5% | 0.26% | −0.01 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -2.2% | 0.12% | −0.01 |
| TRP TC Energy Corp. | Reduce -0.6% | 0.16% | −0.00 |
| ATAT Atour Lifestyle Holdings-ADR | Reduce -3.1% | 0.22% | −0.00 |
| PEP Pepsico Inc. | Reduce -0.8% | 0.19% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| RKT Rocket Cos Inc. Class A | New | 0.43% | +0.43 |
| TGS Transportador Gas-ADR SP B | Add +1.4% | 0.53% | +0.17 |
| IX Orix - Sponsored ADR | Add +36.8% | 0.48% | +0.16 |
| SCCO Southern Copper Corp. | Add +1.0% | 1.11% | +0.15 |
| AEG Aegon Ltd.-NY Reg SHR | Add +124.5% | 0.22% | +0.12 |
| TSEM Tower Semiconductor Ltd. | New | 0.08% | +0.08 |
| ASX Ase Technology Holding -ADR | New | 0.07% | +0.07 |
| NOK Nokia Corp.-Spon ADR | New | 0.07% | +0.07 |
| AZN Astrazeneca PLC-Spons ADR | Add +0.9% | 0.43% | +0.06 |
| WMT Walmart Inc. | Add +0.0% | 1.33% | +0.06 |
| ADM Archer-Daniels-Midland Co. | New | 0.06% | +0.06 |
| EXPD Expeditors Intl Wash Inc. | New | 0.06% | +0.06 |
| CSCO Cisco Systems Inc. | Add +0.0% | 0.71% | +0.06 |
| TD Toronto-Dominion Bank | New | 0.06% | +0.06 |
| RY Royal Bank of Canada | New | 0.06% | +0.06 |
| RTO Rentokil Initial PLC-SP ADR | New | 0.06% | +0.06 |
| MCO Moody's Corp. | New | 0.05% | +0.05 |
| RDY Dr. Reddy's Laboratories-ADR | Add +53.0% | 0.16% | +0.05 |
| ESLT Elbit Systems Ltd. | Add +19.8% | 0.20% | +0.05 |
| SLF Sun Life Financial Inc. | Add +30.8% | 0.17% | +0.04 |
| PCAR Paccar Inc. | Add +0.0% | 0.51% | +0.04 |
| BVN Cia DE Minas Buenaventur-ADR | Add +1.8% | 0.33% | +0.04 |
| BTI British American Tob-SP ADR | Add +17.2% | 0.19% | +0.03 |
| MCK McKesson Corp. | Add +0.0% | 1.11% | +0.03 |
| USMV iShares MSCI USA Min Vol Fac | Add +4.8% | 5.43% | +0.03 |
| RIO Rio Tinto PLC-Spon ADR | Add +3.0% | 0.14% | +0.02 |
| NMR Nomura Holdings Inc.-Spon ADR | Add +3.1% | 0.16% | +0.02 |
| HSBC HSBC Holdings PLC-Spons ADR | Add +1.0% | 0.26% | +0.02 |
| INFY Infosys Ltd.-SP ADR | Add +2.3% | 0.22% | +0.02 |
| GIB Cgi Inc. | Add +1.9% | 0.71% | +0.02 |
| HLN Haleon PLC-ADR | Add +0.5% | 0.18% | +0.02 |
| VALE Vale SA-SP ADR | Add +0.1% | 0.11% | +0.02 |
| TSCO Tractor Supply Company | Add +39.6% | 0.09% | +0.01 |
| SU Suncor Energy Inc. | Add +17.2% | 0.07% | +0.01 |
| FOX Fox Corp. Class B | Add +0.2% | 0.10% | +0.01 |
| NGG National Grid PLC-SP ADR | Add +0.0% | 0.28% | +0.01 |
| PBR Petroleo Brasileiro-Spon ADR | Add +17.7% | 0.11% | +0.01 |
| IBM Intl Business Machines Corp. | Add +0.0% | 0.38% | +0.01 |
| FMX Fomento Economico Mex-SP ADR | Add +2.9% | 0.14% | +0.00 |
| FHN First Horizon Corp. | Add +0.1% | 0.08% | +0.00 |
| GFI Gold Fields Ltd.-Spons ADR | Add +0.1% | 0.20% | +0.00 |
| SHEL Shell PLC-ADR | Add +0.0% | 0.56% | −0.00 |
| SNA Snap-on Inc. | Add +0.3% | 0.06% | −0.00 |
| PKG Packaging Corp. of America | Add +0.1% | 0.06% | −0.01 |
| SBS Cia Saneamento Basico DE-ADR | Add +2.5% | 0.14% | −0.01 |
| WM Waste Management Inc. | Add +0.0% | 0.18% | −0.01 |
| LMT Lockheed Martin Corp. | Add +2.7% | 0.40% | −0.01 |
| AFL Aflac Inc. | Add +0.9% | 0.48% | −0.02 |
| ACWV iShares MSCI Global Min Vol | Add +0.8% | 0.50% | −0.02 |
| NTES Netease Inc.-ADR | Add +0.0% | 0.18% | −0.02 |
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 |