Lester Murray Antman dba SimplyRich
Long book
$390.9M
Q1 2026
Positions
233
Top-10 weight
40%
concentration
Last quarter
+12.8%
SPY +14.8%
Turnover
20%
of book per quarter
Strategy in plain words
auto-generated from filingsLester Murray Antman dba SimplyRich is an institutional manager, running a $390.9M US long book across 233 positions.
The portfolio is moderately concentrated (top 10 ≈ 40% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: ALPHABET INC-CL C, APPLE INC, ISHARES MSCI USA MIN VOL FAC, ALPHABET INC-CL A, ISHARES MSCI EAFE MIN VOL FA.
Over the last 9 quarters its long book ran on average 0.7pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.6%
Q2 2024
+5.7%
Q3 2024
-1.8%
Q4 2024
-0.9%
Q1 2025
+4.6%
Q2 2025
+7.7%
Q3 2025
+4.5%
Q4 2025
-1.3%
Q1 2026
+12.8%
Sector allocation
Technology 42%
Financials 12%
Consumer discretionary 12%
Industrials 10%
Services media 8%
Healthcare 3%
Materials 3%
Other 2%
Long book by quarter
What does Lester Murray own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GOOG ALPHABET INC-CL C | Technology | 95.3K | $27.3M | 7.0% | -0.5% |
| AAPL APPLE INC | Technology | 107.2K | $27.2M | 7.0% | -0.1% |
| GOOGL ALPHABET INC-CL A | Technology | 61.7K | $17.7M | 4.5% | Held |
| MSFT MICROSOFT CORP | Technology | 25.8K | $9.6M | 2.4% | -0.1% |
| V VISA INC-CLASS A SHARES | Services media | 23.6K | $7.1M | 1.8% | 0.0% |
| WMT WALMART INC | Consumer discretionary | 45.7K | $5.7M | 1.5% | -0.1% |
| HD HOME DEPOT INC | Consumer discretionary | 16.9K | $5.6M | 1.4% | -0.8% |
| MU MICRON TECHNOLOGY INC | Technology | 15.9K | $5.4M | 1.4% | Held |
| SCCO SOUTHERN COPPER CORP | Materials | 29.9K | $5.1M | 1.3% | +0.6% |
| MCK MCKESSON CORP | Consumer discretionary | 5.2K | $4.5M | 1.1% | 0.0% |
| UNH UNITEDHEALTH GROUP INC | Financials | 15.1K | $4.1M | 1.0% | -0.7% |
| TJX TJX COMPANIES INC | Consumer discretionary | 23.4K | $3.7M | 1.0% | Held |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 7.3K | $3.5M | 0.9% | -0.2% |
| MCD MCDONALD'S CORP | Consumer discretionary | 10.8K | $3.4M | 0.9% | -0.2% |
| CI THE CIGNA GROUP | Financials | 12.5K | $3.3M | 0.9% | -0.3% |
| AMGN AMGEN INC | Healthcare | 9.0K | $3.2M | 0.8% | Held |
| RTX RTX CORP | Industrials | 14.2K | $2.7M | 0.7% | Held |
| CSCO CISCO SYSTEMS INC | Technology | 35.0K | $2.7M | 0.7% | -0.5% |
| MA MASTERCARD INC - A | Services media | 5.2K | $2.6M | 0.7% | Held |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 1.8K | $2.4M | 0.6% | Held |
| CME CME GROUP INC | Financials | 8.2K | $2.4M | 0.6% | +0.1% |
| AVGO BROADCOM INC | Technology | 7.5K | $2.3M | 0.6% | Held |
| IMO IMPERIAL OIL LTD | Energy | 17.2K | $2.2M | 0.6% | Held |
| CB CHUBB LTD | Financials | 6.9K | $2.2M | 0.6% | -0.5% |
| AMZN AMAZON.COM INC | Consumer discretionary | 10.6K | $2.2M | 0.6% | Held |
| FDX FEDEX CORP | Industrials | 6.1K | $2.2M | 0.6% | Held |
| PCAR PACCAR INC | Industrials | 18.4K | $2.1M | 0.5% | +2.2% |
| MSI MOTOROLA SOLUTIONS INC | Technology | 4.8K | $2.1M | 0.5% | Held |
| GIB CGI INC | Services media | 28.6K | $2.1M | 0.5% | -2.8% |
| NOC NORTHROP GRUMMAN CORP | Technology | 3.1K | $2.1M | 0.5% | Held |
| RBA RB GLOBAL INC | Services media | 21.6K | $2.1M | 0.5% | 0.0% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 2.0K | $2.0M | 0.5% | -1.5% |
| LMT LOCKHEED MARTIN CORP | Industrials | 3.1K | $1.9M | 0.5% | -1.0% |
| ICE INTERCONTINENTAL EXCHANGE IN | Financials | 11.9K | $1.9M | 0.5% | Held |
| AFL AFLAC INC | Financials | 16.5K | $1.8M | 0.5% | -0.9% |
| AZN ASTRAZENECA PLC | Healthcare | 9.0K | $1.8M | 0.5% | New |
| ELV ELEVANCE HEALTH INC | Financials | 6.1K | $1.8M | 0.5% | +0.9% |
| RACE FERRARI NV | Industrials | 5.2K | $1.8M | 0.5% | -1.6% |
| EBAY EBAY INC | Services media | 19.2K | $1.7M | 0.4% | Held |
| PNC PNC FINANCIAL SERVICES GROUP | Financials | 8.3K | $1.7M | 0.4% | Held |
| CNI CANADIAN NATL RAILWAY CO | Industrials | 16.4K | $1.7M | 0.4% | +1.2% |
| JCI JOHNSON CONTROLS INTERNATION | Industrials | 12.6K | $1.6M | 0.4% | Held |
| ACN ACCENTURE PLC-CL A | Services media | 8.1K | $1.6M | 0.4% | Held |
| CMCSA COMCAST CORP-CLASS A | Communications | 52.4K | $1.5M | 0.4% | +6.2% |
| TTWO TAKE-TWO INTERACTIVE SOFTWRE | Technology | 7.6K | $1.5M | 0.4% | Held |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 2 | $1.4M | 0.4% | Held |
| BN BROOKFIELD CORP | Real estate | 35.4K | $1.4M | 0.4% | Held |
| CAT CATERPILLAR INC | Industrials | 2.0K | $1.4M | 0.4% | Held |
| NKE NIKE INC -CL B | Other | 24.6K | $1.3M | 0.3% | Held |
| AU ANGLOGOLD ASHANTI PLC | Materials | 13.2K | $1.3M | 0.3% | -2.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 1, 2026 | 233 | $390.9M | $K fixed canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 23, 2026 | 199 | $382.4M | $K fixed canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 10, 2025 | 200 | $370.6M | $K fixed canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 24, 2025 | 214 | $358.9M | $K fixed canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 9, 2025 | 214 | $345.6M | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 29, 2025 | 216 | $350.4M | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 18, 2024 | 221 | $358.7M | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 26, 2024 | 178 | $316.0M | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 3, 2024 | 179 | $309.5M | $K fixed canonical | SEC ↗ |
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