FMB Wealth Management
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 16, 2026), FMB Wealth Management reported 73 stock positions worth $241.7 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 18.3% of the portfolio, followed by Dimensional US Vtor Eqty ETF (DXUV, 8.0%) and Avantis U.S. Equity ETF (AVUS, 7.8%). Compared with Q4 2025, it opened 1 new position, sold out of 19, added to 18 and reduced 40. The biggest buy was Avantis U.S. Equity ETF (AVUS, shares +11%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −92%).
- Most Recent 13F
- Q2 2026
- Location
- WESTLAKE VILLAGE, CA
- CIK
- 0002040224
- Portfolio Value
- $241.7M (Q1 2026)
- SEC Filing
- 0002040224-26-000002 ↗ filed Apr 16, 2026
Holdings Value
Holdings 73 stocks · $241.7M
| DFAC Dimensional US Core Equity 2 | 18.28% | 1,136,845 | $44.2M | Add +0.4% |
| DXUV Dimensional US Vtor Eqty ETF | 8.04% | 327,637 | $19.4M | Reduce -0.4% |
| AVUS Avantis U.S. Equity ETF | 7.78% | 169,159 | $18.8M | Add +11.2% |
| DFAX Dimensional World Ex US Core | 6.70% | 476,589 | $16.2M | Add +2.4% |
| DXIV Dimensional Intr Vtor E ETF | 5.67% | 203,002 | $13.7M | Reduce -0.3% |
| DFIC Dimensional International Co. | 4.11% | 279,591 | $9.9M | Add +7.2% |
| DFAU Dimensional US Core Equity M | 4.06% | 217,434 | $9.8M | Reduce -0.3% |
| DFUS Dimensional US Eq MKT ETF | 3.33% | 113,450 | $8.0M | Add +0.9% |
| DFSD Dimensional Short Duration | 3.16% | 159,372 | $7.6M | Add +6.8% |
| DFAT Dimensional US Target Value | 2.72% | 105,287 | $6.6M | Reduce -0.5% |
| AVDE Avantis International Equity | 2.68% | 76,358 | $6.5M | Add +6.6% |
| AVGE Avantis All Eqty Mrkts ETF | 2.26% | 61,992 | $5.5M | Reduce -1.3% |
| DFUV Dimensional US Marketwide Va | 2.12% | 105,699 | $5.1M | Reduce -0.8% |
| DFAI Dimensional International Co. | 2.04% | 126,664 | $4.9M | Reduce -18.3% |
| DFAS Dimensional US Small Cap ETF | 1.85% | 62,710 | $4.5M | Reduce -3.4% |
| DFIV Dimensional International Va | 1.77% | 81,147 | $4.3M | Reduce -1.7% |
| AAPL Apple Inc. | 1.71% | 16,303 | $4.1M | Reduce -17.3% |
| DCOR Dimensional US Core Eq 1 ETF | 1.39% | 46,653 | $3.4M | Add +4.9% |
| DUSB Dimension Ultrashort Fi ETF | 1.31% | 62,232 | $3.2M | Reduce -0.5% |
| DFAE Dimensional Emerging Core Eq | 1.19% | 85,045 | $2.9M | Reduce -46.9% |
| VTI VG Morningstar TS MKT ETF-US | 1.17% | 8,806 | $2.8M | Add +898.4% |
| AVUV Avantis US Small Cap Value | 1.07% | 23,373 | $2.6M | No change |
| NVDA Nvidia Corp. | 1.01% | 13,962 | $2.4M | Reduce -25.9% |
| AMGN Amgen Inc. | 0.94% | 6,434 | $2.3M | Reduce -8.4% |
| DFAR Dimensional US Real Est ETF | 0.92% | 94,317 | $2.2M | Add +7.2% |
| AVEM Avantis Emerging Markets Eq | 0.87% | 26,218 | $2.1M | Add +6.3% |
| MAR Marriott International Class A | 0.76% | 5,602 | $1.8M | Reduce -1.4% |
| CVX Chevron Corp. | 0.67% | 7,787 | $1.6M | Reduce -6.8% |
| DFEM Dimensional Emrg MRKT Core | 0.64% | 44,790 | $1.5M | Reduce -1.3% |
| IVV iShares Core S&P 500 ETF | 0.58% | 2,128 | $1.4M | Add +1.2% |
| DFIP Dimensional Inflation-Protec | 0.55% | 31,589 | $1.3M | No change |
| AVDV Avantis Intl S/C Value ETF | 0.53% | 12,858 | $1.3M | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.47% | 1,947 | $1.1M | No change |
| VTIP Vanguard Short-Term Tips | 0.46% | 22,140 | $1.1M | Add +10.2% |
| DFSV Dimensional US Small Cap Val | 0.40% | 27,615 | $968K | Reduce -0.8% |
| DFAW Dimensional World Eqty ETF | 0.37% | 12,262 | $905K | Add +8.6% |
| BSV Vanguard Short-Term Bond ETF | 0.37% | 11,533 | $904K | Reduce -3.7% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.36% | 3,050 | $876K | New |
| AVSU Avantis Resp US Equity ETF | 0.35% | 11,581 | $856K | Add +2.8% |
| GOOGL Alphabet Inc. Class A | 0.31% | 2,636 | $758K | Reduce -34.7% |
| MSFT Microsoft Corp. | 0.28% | 1,836 | $680K | Reduce -46.1% |
| SCHF Schwab Intl Equity ETF | 0.27% | 26,752 | $662K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.26% | 1,334 | $639K | Reduce -24.2% |
| GOOG Alphabet Inc. Class C | 0.26% | 2,152 | $617K | Reduce -37.6% |
| SCHW Schwab (charles) Corp. | 0.24% | 6,269 | $589K | Reduce -5.1% |
| AVNM Avantis All Intl MKTS Eq ETF | 0.22% | 6,967 | $531K | Add +15.2% |
| AMZN Amazon.com Inc. | 0.20% | 2,296 | $478K | Reduce -46.7% |
| TSLA Tesla Inc. | 0.20% | 1,274 | $474K | Reduce -29.3% |
| NFLX Netflix Inc. | 0.19% | 4,670 | $449K | Reduce -18.2% |
| MU Micron Technology Inc. | 0.17% | 1,227 | $414K | Reduce -14.3% |
| AVSD Avantis Reps Intern Equi ETF | 0.17% | 5,529 | $407K | No change |
| META Meta Platforms Inc. Class A | 0.16% | 678 | $388K | Reduce -42.1% |
| BA The Boeing Co. | 0.16% | 1,930 | $384K | Reduce -6.1% |
| AVGO Broadcom Inc. | 0.16% | 1,224 | $379K | Reduce -45.3% |
| LRCX Lam Research Corp. | 0.16% | 1,760 | $376K | Reduce -14.6% |
| ROK Rockwell Automation Inc. | 0.14% | 974 | $350K | Reduce -2.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.14% | 6,971 | $340K | Reduce -19.8% |
| AVRE Avantis Real Estate ETF | 0.14% | 7,581 | $334K | Add +5.3% |
| AVES Avantis Emerging Markets Val | 0.14% | 5,490 | $329K | No change |
| XOM Exxon Mobil Corp. | 0.13% | 1,829 | $310K | Reduce -37.2% |
| ANAB Anaptysbio Inc. | 0.13% | 5,592 | $310K | No change |
| ILCB iShares Morningstar U.S. Equ | 0.12% | 3,188 | $286K | No change |
| DFSU Dimensional US Sus CORE1 ETF | 0.11% | 6,710 | $276K | Add +29.6% |
| CAT Caterpillar Inc. | 0.11% | 383 | $271K | Reduce -22.3% |
| C Citigroup Inc. | 0.11% | 2,287 | $259K | Reduce -12.6% |
| JNJ Johnson & Johnson | 0.10% | 975 | $238K | Reduce -31.7% |
| VWO Vanguard Ftse Emerging Marke | 0.10% | 4,396 | $238K | No change |
| DUHP Dimensional US High Profi Et | 0.10% | 6,372 | $234K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.09% | 351 | $228K | Reduce -91.6% |
| AVLV Avantis US Large Cap Value | 0.09% | 2,728 | $220K | No change |
| XLK SS Technology Select Sector | 0.09% | 1,617 | $215K | No change |
| NEE Nextera Energy Inc. | 0.09% | 2,275 | $211K | Reduce -18.2% |
| USA Liberty All Star Equity Fund | 0.03% | 11,719 | $65K | No change |
Portfolio Sells Q4 2025 → Q1 2026
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -91.6% | 0.09% | −1.03 |
| DFAE Dimensional Emerging Core Eq | Reduce -46.9% | 1.19% | −0.87 |
| IWR iShares Russell Mid-Cap ETF | Sold out | 0.00% | −0.71 |
| GNR State Street SPDR S&P Global | Sold out | 0.00% | −0.53 |
| AAPL Apple Inc. | Reduce -17.3% | 1.71% | −0.40 |
| NVDA Nvidia Corp. | Reduce -25.9% | 1.01% | −0.38 |
| MSFT Microsoft Corp. | Reduce -46.1% | 0.28% | −0.37 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −0.32 |
| DFAI Dimensional International Co. | Reduce -18.3% | 2.04% | −0.29 |
| IJR iShares Core S&P Small-Cap E | Sold out | 0.00% | −0.23 |
| AMZN Amazon.com Inc. | Reduce -46.7% | 0.20% | −0.19 |
| GOOGL Alphabet Inc. Class A | Reduce -34.7% | 0.31% | −0.19 |
| GOOG Alphabet Inc. Class C | Reduce -37.6% | 0.26% | −0.17 |
| JPM JPMorgan Chase & Co. | Sold out | 0.00% | −0.16 |
| AVGO Broadcom Inc. | Reduce -45.3% | 0.16% | −0.15 |
| META Meta Platforms Inc. Class A | Reduce -42.1% | 0.16% | −0.14 |
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −0.13 |
| TSLA Tesla Inc. | Reduce -29.3% | 0.20% | −0.12 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.12 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.11 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.10 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.10 |
| RTX RTX Corp. | Sold out | 0.00% | −0.09 |
| PLTR Palantir Technologies Inc. Class A | Sold out | 0.00% | −0.09 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.09 |
| HSBC HSBC Holdings PLC-Spons ADR | Sold out | 0.00% | −0.09 |
| SHEL Shell PLC-ADR | Sold out | 0.00% | −0.09 |
| AZN Astrazeneca PLC-Spons ADR | Sold out | 0.00% | −0.09 |
| AXP American Express Co. | Sold out | 0.00% | −0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -24.2% | 0.26% | −0.08 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −0.08 |
| BAC Bank of America Corp. | Reduce -19.8% | 0.14% | −0.05 |
| NFLX Netflix Inc. | Reduce -18.2% | 0.19% | −0.03 |
| LYG Lloyds Banking Group PLC-ADR | Sold out | 0.00% | −0.02 |
| JNJ Johnson & Johnson | Reduce -31.7% | 0.10% | −0.02 |
| BA The Boeing Co. | Reduce -6.1% | 0.16% | −0.02 |
| SCHW Schwab (charles) Corp. | Reduce -5.1% | 0.24% | −0.02 |
| C Citigroup Inc. | Reduce -12.6% | 0.11% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -37.2% | 0.13% | −0.01 |
| ROK Rockwell Automation Inc. | Reduce -2.9% | 0.14% | −0.01 |
| NEE Nextera Energy Inc. | Reduce -18.2% | 0.09% | −0.00 |
| CAT Caterpillar Inc. | Reduce -22.3% | 0.11% | +0.00 |
| BSV Vanguard Short-Term Bond ETF | Reduce -3.7% | 0.37% | +0.00 |
| MU Micron Technology Inc. | Reduce -14.3% | 0.17% | +0.01 |
| LRCX Lam Research Corp. | Reduce -14.6% | 0.16% | +0.02 |
| AMGN Amgen Inc. | Reduce -8.4% | 0.94% | +0.03 |
| DFAU Dimensional US Core Equity M | Reduce -0.3% | 4.06% | +0.03 |
| DFSV Dimensional US Small Cap Val | Reduce -0.8% | 0.40% | +0.04 |
| DFEM Dimensional Emrg MRKT Core | Reduce -1.3% | 0.64% | +0.05 |
| DUSB Dimension Ultrashort Fi ETF | Reduce -0.5% | 1.31% | +0.06 |
Portfolio Buys Q4 2025 → Q1 2026
| AVUS Avantis U.S. Equity ETF | Add +11.2% | 7.78% | +1.07 |
| VTI VG Morningstar TS MKT ETF-US | Add +898.4% | 1.17% | +1.05 |
| DFAX Dimensional World Ex US Core | Add +2.4% | 6.70% | +0.68 |
| DFAC Dimensional US Core Equity 2 | Add +0.4% | 18.28% | +0.58 |
| DFIC Dimensional International Co. | Add +7.2% | 4.11% | +0.56 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | New | 0.36% | +0.36 |
| AVDE Avantis International Equity | Add +6.6% | 2.68% | +0.35 |
| DFSD Dimensional Short Duration | Add +6.8% | 3.16% | +0.33 |
| DFAR Dimensional US Real Est ETF | Add +7.2% | 0.92% | +0.13 |
| AVEM Avantis Emerging Markets Eq | Add +6.3% | 0.87% | +0.12 |
| DCOR Dimensional US Core Eq 1 ETF | Add +4.9% | 1.39% | +0.10 |
| VTIP Vanguard Short-Term Tips | Add +10.2% | 0.46% | +0.07 |
| DFAW Dimensional World Eqty ETF | Add +8.6% | 0.37% | +0.04 |
| AVNM Avantis All Intl MKTS Eq ETF | Add +15.2% | 0.22% | +0.04 |
| DFUS Dimensional US Eq MKT ETF | Add +0.9% | 3.33% | +0.04 |
| DFSU Dimensional US Sus CORE1 ETF | Add +29.6% | 0.11% | +0.03 |
| AVSU Avantis Resp US Equity ETF | Add +2.8% | 0.35% | +0.02 |
| AVRE Avantis Real Estate ETF | Add +5.3% | 0.14% | +0.01 |
| IVV iShares Core S&P 500 ETF | Add +1.2% | 0.58% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 74 | $271.8M | DFAC, DXUV, AVUS, DFAX, DXIV |
| Q1 2026 | 73 | $241.7M | DFAC, DXUV, AVUS, DFAX, DXIV |
| Q4 2025 | 91 | $253.4M | DFAC, DXUV, AVUS, DFAX, DXIV |
| Q3 2025 | 89 | $236.1M | DFAC, DXUV, AVUS, DFAX, DXIV |
| Q2 2025 | 84 | $210.0M | DFAC, DXUV, AVUS, DXIV, DFAX |
| Q1 2025 | 75 | $180.8M | DFAC, DXUV, AVUS, DXIV, DFAX |
| Q4 2024 | 67 | $177.6M | DFAC, DXUV, AVUS, DXIV, DFAU |
| Q3 2024 | 75 | $176.9M | DFAC, DXUV, DXIV, AVUS, DFAU |
| Q2 2024 | 69 | $131.5M | DFAC, AVUS, DFAU, DFUS, DFAX |
| Q1 2024 | 67 | $125.4M | DFAC, AVUS, DFAU, DFUS, DFAT |