Q2 2026 13F · SEC CIK 1353651

Leith Wheeler Investment Counsel Ltd.

Investment managerFiled 2026-08-05 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $1.3B
Reported positions: 85
Top holdings a year, 3 yrs: +15.9%
Average holding period: 6.1 yrs

Leith Wheeler Investment Counsel Ltd. is an investment manager that reported 85 positions worth $1.3B in its Q2 2026 13F, filed 2026-08-05. Its largest holdings were Ishares Core S&p 500 ETF (IVV, 32.8%), Microsoft Corp (MSFT, 3.4%), Unitedhealth Group Inc Com (UNH, 3.1%). A portfolio copying its top holdings returned 15.9% a year over the last 3 years, against 20.4% for the S&P 500.

Leith Wheeler Investment Counsel Ltd. holdings largest 50 of 85 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Leith Wheeler Investment Counsel Ltd. 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
IVVIshares Core S&p 500 ETF	32.8%	31.2%	576,529	-0.1%	$431.8M
MSFTMicrosoft Corp	3.4%	1.9%	118,732	+89.3%	$44.3M
UNHUnitedhealth Group Inc Com	3.1%	2.4%	97,475	-10.9%	$40.5M
GOOGLAlphabet Inc	3.0%	2.7%	111,029	-0.6%	$39.7M
VVisa Inc Com Cl A	2.7%	2.6%	105,448	+0.3%	$36.2M
BWABorgwarner Inc	2.7%	2.2%	531,201	+7.8%	$35.3M
WFCWells Fargo Co New	2.6%	2.7%	409,248	+0.1%	$33.8M
LHXL3harris Technologies Inc	2.4%	3.1%	107,169	-0.2%	$31.1M
DISDisney Walt Co	2.3%	2.5%	318,257	-0.2%	$30.6M
MDTMedtronic PLC	2.0%	2.3%	330,814	+2.3%	$25.9M
METAMeta Platforms Inc Class A	2.0%	1.7%	45,882	+28.3%	$25.8M
BDXBecton Dickinson & Co	1.8%	2.1%	156,893	-0.9%	$23.7M
CRMSalesforce Inc Com	1.7%	2.2%	142,615	+0.2%	$22.3M
ADSKAutodesk Inc	1.6%	2.2%	108,421	-1.0%	$21.1M
CCLCarnival Corp Ltd	1.6%	—	732,339	—	$20.9M
JPMJpmorgan Chase & Co	1.6%	1.6%	63,489	-0.9%	$20.8M
IFFInternational Flavors&fragra	1.5%	1.6%	256,254	-1.1%	$20.3M
QCOMQualcomm Inc	1.2%	1.4%	88,762	-30.4%	$16.4M
HSICSchein Henry Inc	1.2%	2.2%	191,283	-46.2%	$16.0M
SEICSei Investments Company	1.2%	1.3%	174,506	-11.1%	$15.3M
KEYSKeysight Technologies Inc Com	1.2%	1.0%	43,316	-0.9%	$15.2M
CPAYCorpay Inc	1.1%	1.1%	44,173	-7.3%	$14.7M
GMEDGlobus Med Inc	1.1%	1.1%	174,934	+9.7%	$13.8M
NKENike Inc Cl B	1.0%	1.4%	326,094	+0.5%	$13.4M
ICLRIcon PLC	1.0%	0.7%	75,794	-6.9%	$13.2M
FAFirst Advantage Corp	1.0%	0.7%	721,906	-0.9%	$13.0M
LPXLouisiana-Pacific Corporation	1.0%	0.6%	164,727	+66.3%	$13.0M
BIPBrookfield Infrastructure Pa	1.0%	1.0%	344,572	-0.9%	$12.6M
EFAXSpdr Msci Eafa Fossil Fuel	0.9%	—	225,900	—	$12.2M
CORCencora Inc Com	0.9%	1.0%	39,803	-1.0%	$11.3M
ORIOld Rep Intl Corp	0.9%	0.9%	275,082	-0.9%	$11.3M
MIDDMiddleby Corp	0.8%	0.7%	64,105	-0.9%	$11.0M
LAMRLamar Advertising Co	0.8%	0.7%	69,687	-0.9%	$10.9M
CCKCrown Hldgs Inc	0.8%	0.8%	95,534	-0.9%	$10.7M
SNASnap-on Inc.	0.8%	0.8%	26,538	-0.9%	$10.7M
AWRAmerican States Water Co	0.8%	0.8%	125,110	-0.9%	$10.3M
HAYWHayward Holdings Inc	0.7%	0.6%	560,929	-0.9%	$9.7M
THCTenet Healthcare Corp	0.7%	0.8%	51,608	-1.2%	$9.7M
GLGlobe Life Inc	0.7%	0.6%	53,816	-0.9%	$9.6M
MKSIMks Inc.	0.7%	0.7%	21,332	-42.7%	$9.5M
VSGXVanguard ESG International Stoc	0.7%	—	110,347	—	$9.1M
CSLCarlisle Cos Inc	0.7%	0.7%	24,903	-0.9%	$9.0M
GNTXGentex Corp	0.7%	0.6%	344,126	-0.9%	$8.7M
MDLZMondelez International Inc.	0.7%	1.0%	148,569	-27.9%	$8.6M
HLIHoulihan Lokey Inc	0.6%	—	61,888	—	$8.3M
CNMCore & Main Inc	0.6%	0.7%	167,536	-0.9%	$8.1M
WATWaters Corp.	0.6%	0.5%	21,142	-0.9%	$7.9M
RRCRange Res Corp	0.6%	0.7%	200,178	+7.8%	$7.4M
WHWyndham Hotels and Resorts Inc	0.6%	0.6%	87,014	-0.9%	$7.3M
HLMNHillman Solutions Corp	0.6%	0.6%	856,980	-0.9%	$7.2M

What Leith Wheeler Investment Counsel Ltd. bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +16.1% /yr; S&P 500 +20.1%
3 years: +15.9% /yr; S&P 500 +20.4%
5 years: +8.3% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$1.3B	85
Q1 2026	$1.2B	84
Q4 2025	$1.3B	87
Q3 2025	$1.5B	72
Q2 2025	$1.4B	65
Q1 2025	$1.4B	75
Q4 2024	$1.4B	59
Q3 2024	$1.4B	60
Q2 2024	$1.2B	65
Q1 2024	$1.0B	64
Q4 2023	$913.4M	57
Q3 2023	$756.7M	58

Questions about Leith Wheeler Investment Counsel Ltd.'s portfolio

What stocks does Leith Wheeler Investment Counsel Ltd. own?

Leith Wheeler Investment Counsel Ltd.'s latest 13F, for Q2 2026 and filed Aug 5, 2026, lists 85 positions worth $1.3B. The largest are Ishares Core S&p 500 ETF (IVV) at 32.8%, Microsoft Corp (MSFT) at 3.4%, Unitedhealth Group Inc Com (UNH) at 3.1%, Alphabet Inc (GOOGL) at 3.0% and Visa Inc Com Cl A (V) at 2.7%.

What did Leith Wheeler Investment Counsel Ltd. buy last quarter?

In Q2 2026, Leith Wheeler Investment Counsel Ltd. added Microsoft Corp (MSFT) (+89.3% shares), Louisiana-Pacific Corporation (LPX) (+66.3% shares) and Meta Platforms Inc Class A (META) (+28.3% shares), compared with its Q1 2026 filing.

What did Leith Wheeler Investment Counsel Ltd. sell last quarter?

In Q2 2026, Leith Wheeler Investment Counsel Ltd. cut from its top 50 Invesco Nasdaq 100 ETF (QQQM), cut from its top 50 Wynn Resorts Ltd (WYNN), cut from its top 50 Spdr Msci Eafa Fossil Fuel, cut from its top 50 Kyndryl Hldgs Inc (KD), Schein Henry Inc (HSIC) (-46.2% shares), Mks Inc. (MKSI) (-42.7% shares) and Qualcomm Inc (QCOM) (-30.4% shares), compared with its Q1 2026 filing.

How has Leith Wheeler Investment Counsel Ltd.'s portfolio performed?

A portfolio copying Leith Wheeler Investment Counsel Ltd.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +15.9% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +16.1% against +20.1%. Over 5 years: +8.3% a year against +11.6%.

When is Leith Wheeler Investment Counsel Ltd.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Leith Wheeler Investment Counsel Ltd.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.