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Leith Wheeler Investment Counsel LTD.

CIK:0001353651
Asset Manager
$1B AUM
65 holdings
Vancouver, BC, Canada
Founded:1982
80 employees
Latest filing:Jun 30, 2025

Leith Wheeler Investment Counsel Ltd. is an independent, employee-owned asset management firm headquartered in Vancouver, British Columbia, Canada. Founded in 1982, the firm manages assets on behalf of individuals, institutions, foundations, endowments, pensions, and Indigenous communities. It is known for its value-based, long-term investment approach and has grown into one of Canada's leading investment managers, serving clients nationwide with a team of seasoned professionals.

Investment Strategy

Leith Wheeler employs a value-based investment management strategy focused on long-term growth, utilizing disciplined portfolio construction and rigorous fundamental analysis. The firm tailors portfolios for individuals, institutions, and advisors, seeking undervalued assets with the potential for substantial appreciation over time. Their philosophy emphasizes independent thinking, risk management, and low fees, aiming to deliver steady returns by seeing beyond trends and focusing on intrinsic business value.

Top Buys
I
IVVISHARES TR
+$40.5M
N
NKENIKE INC
+$16.9M
U
UNHUNITEDHEALTH GROUP INC
+$14.8M
C
CRMSALESFORCE.COM INC
+$10.9M
C
CNMCORE & MAIN INC
+$10.4M
Top Sells
H
HUMHUMANA INC
-$25.7M
M
MRKMERCK AND CO. INC.
-$16.5M
M
MDTMEDTRONIC PLC
-$15.5M
E
EAELECTRONIC ARTS INC
-$14.5M
A
ALLALLSTATE CORP
-$13.0M

Top Holdings

I
IVVISHARES TR
+33.5%$471.3M
L
LHXL3HARRIS TECHNOLOGIES INC
+3.2%$44.8M
G
GOOGLALPHABET INC
+3.0%$42.8M
D
DISWALT DISNEY CO
+2.9%$40.7M
H
HSICHENRY SCHEIN INC
+2.8%$39.1M

Equity Positions (64)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
I
IVV
ISHARES TR33.53%$471.3M759,132$314.79$620.90+$40.5M
L
LHX
L3HARRIS TECHNOLOGIES INC3.18%$44.8M178,418$212.93$250.84+$7.8M
G
GOOGL
ALPHABET INC3.04%$42.8M242,590$148.25$176.23+$5.8M
D
DIS
WALT DISNEY CO2.89%$40.7M327,899$97.20$124.01+$4.7M
H
HSIC
HENRY SCHEIN INC2.78%$39.1M535,078$73.50$73.05+$2.6M

Industry Allocation

SERVICES-PREPACKAGED SOFTWARE
+7.4%
SERVICES-BUSINESS SERVICES, NEC
+6.1%
SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION
+5.8%
NATIONAL COMMERCIAL BANKS
+4.0%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+3.9%