Spectrum Asset Management, Inc. (NB/CA)
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 22, 2024), Spectrum Asset Management, Inc. (NB/CA) reported 93 stock positions worth $236.4 million. Its top holding was Schwab US Large-Cap Value (SCHV) at 6.7% of the portfolio, followed by iShares Gold Trust (IAU, 5.3%) and Invesco S&P 500 Equal Weight (RSP, 5.1%). Compared with Q2 2024, it opened 13 new positions, sold out of 12, added to 33 and reduced 38. The biggest buy was a new position in FT Vest U.S. Equity Deep Buf (DSEP) and the biggest sale an exit from FT Vest U.S. Equity Deep Buf (DJAN).
- Most Recent 13F
- Q2 2026
- Location
- NEWPORT BEACH, CA
- CIK
- 0001632078
- Portfolio Value
- $236.4M (Q3 2024)
- SEC Filing
- 0001632078-24-000010 ↗ filed Oct 22, 2024
Holdings Value
Holdings 93 stocks · $236.4M
| SCHV Schwab US Large-Cap Value | 6.74% | 198,162 | $15.9M | Reduce -8.5% |
| IAU iShares Gold Trust | 5.25% | 249,697 | $12.4M | Add +9.1% |
| RSP Invesco S&P 500 Equal Weight | 5.07% | 66,915 | $12.0M | Add +63.0% |
| USMV iShares MSCI USA Min Vol Fac | 4.58% | 118,553 | $10.8M | Add +0.7% |
| SCHG Schwab US Large-Cap Growth | 4.08% | 92,660 | $9.7M | Reduce -0.4% |
| VGK Vanguard Ftse Europe ETF | 3.45% | 114,589 | $8.1M | Add +1.4% |
| DSEP FT Vest U.S. Equity Deep Buf | 2.91% | 171,787 | $6.9M | New |
| WMT Walmart Inc. | 2.68% | 78,505 | $6.3M | Add +0.2% |
| SCHF Schwab Intl Equity ETF | 2.53% | 145,679 | $6.0M | Reduce -1.2% |
| MSFT Microsoft Corp. | 2.36% | 12,985 | $5.6M | Add +1.7% |
| DMAR FT Vest US Equity Deep Buffe | 2.24% | 141,874 | $5.3M | Reduce -0.6% |
| GD General Dynamics Corp. | 2.10% | 16,392 | $5.0M | Add +14.6% |
| DFEB FT Vest U.S. Equity Deep Buf | 2.06% | 116,506 | $4.9M | Reduce -1.5% |
| CVX Chevron Corp. | 2.03% | 32,632 | $4.8M | Reduce -10.4% |
| ORCL Oracle Corp. | 2.03% | 28,185 | $4.8M | Add +0.7% |
| HON Honeywell International Inc. | 1.96% | 22,428 | $4.6M | Reduce -0.6% |
| ABBV Abbvie Inc. | 1.84% | 22,069 | $4.4M | Reduce -0.5% |
| EWJ iShares MSCI Japan ETF | 1.79% | 59,193 | $4.2M | New |
| SCHW Schwab (charles) Corp. | 1.79% | 65,167 | $4.2M | Reduce -0.7% |
| ACN Accenture PLC Class A | 1.78% | 11,871 | $4.2M | Add +1.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.74% | 8,950 | $4.1M | Add +0.1% |
| CEG Constellation Energy | 1.67% | 15,172 | $3.9M | Add +8.9% |
| DUK Duke Energy Corp. | 1.67% | 34,193 | $3.9M | Add +3.5% |
| MDT Medtronic PLC | 1.55% | 40,454 | $3.7M | Reduce -0.0% |
| LHX L3HARRIS Technologies Inc. | 1.51% | 14,996 | $3.6M | Add +17.0% |
| XOM Exxon Mobil Corp. | 1.49% | 29,994 | $3.5M | Reduce -18.4% |
| UNH Unitedhealth Group Inc. | 1.47% | 5,952 | $3.5M | Add +414.4% |
| CSCO Cisco Systems Inc. | 1.44% | 64,170 | $3.4M | Add +0.5% |
| VZ Verizon Communications Inc. | 1.41% | 74,173 | $3.3M | Add +0.0% |
| EMR Emerson Electric Co. | 1.33% | 28,815 | $3.2M | Reduce -0.1% |
| ABT Abbott Laboratories | 1.25% | 25,879 | $3.0M | Add +23.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.24% | 7,627 | $2.9M | Reduce -2.8% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 1.20% | 35,255 | $2.8M | Reduce -1.2% |
| IJH iShares Core S&P Midcap ETF | 1.07% | 40,716 | $2.5M | Reduce -0.4% |
| EW Edwards Lifesciences Corp. | 1.06% | 38,054 | $2.5M | Add +1346.4% |
| ULTA Ulta Beauty Inc. | 1.03% | 6,280 | $2.4M | New |
| ESGU iShares ESG Aware MSCI USA | 1.03% | 19,346 | $2.4M | Reduce -1.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.02% | 25,093 | $2.4M | Add +2.2% |
| ITA iShares U.S. Aerospace & Def | 0.93% | 14,692 | $2.2M | Reduce -1.6% |
| BWA Borgwarner Inc. | 0.91% | 59,457 | $2.2M | Add +0.5% |
| SCHB Schwab US Broad Market ETF | 0.85% | 30,312 | $2.0M | Reduce -3.0% |
| URA Global X Uranium ETF | 0.80% | 65,675 | $1.9M | New |
| COST Costco Wholesale Corp. | 0.77% | 2,047 | $1.8M | Add +5.3% |
| XLE SS Energy Select Sector | 0.72% | 19,249 | $1.7M | Add +2.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.62% | 2,554 | $1.5M | Reduce -3.0% |
| RTX RTX Corp. | 0.59% | 11,508 | $1.4M | Reduce -3.3% |
| SCTXX Schwab Amt Tax FR MNY-Ultra | 0.49% | 1,150,000 | $1.1M | New |
| AAPL Apple Inc. | 0.43% | 4,369 | $1.0M | Add +0.5% |
| VRT Vertiv Holdings Co. Class A | 0.39% | 9,160 | $911K | New |
| GOOGL Alphabet Inc. Class A | 0.38% | 5,380 | $892K | Add +14.1% |
| VONE Vanguard Russell 1000 | 0.37% | 3,373 | $877K | Reduce -62.6% |
| GEHC GE Healthcare Technology | 0.36% | 9,048 | $849K | Reduce -4.8% |
| TLT iShares 20+ Year Treasury BD | 0.35% | 8,370 | $821K | No change |
| MU Micron Technology Inc. | 0.35% | 7,912 | $821K | New |
| MMS Maximus Inc. | 0.32% | 8,214 | $765K | Reduce -5.0% |
| ESLT Elbit Systems Ltd. | 0.32% | 3,810 | $762K | New |
| DLR Digital Realty Trust Inc. | 0.32% | 4,658 | $754K | No change |
| EWQ iShares MSCI France ETF | 0.31% | 18,242 | $737K | New |
| VEA Vanguard Ftse Developed ETF | 0.30% | 13,410 | $708K | Reduce -0.8% |
| CLB Core Laboratories Inc. | 0.30% | 37,891 | $702K | Reduce -2.8% |
| ROK Rockwell Automation Inc. | 0.29% | 2,562 | $688K | Reduce -4.8% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.29% | 15,991 | $675K | Reduce -4.9% |
| MCD McDonald's Corp. | 0.28% | 2,207 | $672K | Reduce -10.8% |
| OXY Occidental Petroleum Corp. | 0.25% | 11,593 | $601K | Reduce -33.4% |
| MORN Morningstar Inc. | 0.24% | 1,805 | $576K | Add +0.1% |
| V Visa Inc. Class A | 0.23% | 1,968 | $541K | Reduce -60.0% |
| PFE Pfizer Inc. | 0.20% | 16,340 | $473K | Add +10.2% |
| IBTH iShares Ibonds Dec 2027 Term | 0.20% | 20,684 | $468K | Reduce -2.2% |
| DJUL FT Vest US Equity Deep Buffe | 0.19% | 10,970 | $454K | New |
| MELI MercadoLibre Inc. | 0.19% | 221 | $453K | No change |
| DE Deere & Co. | 0.19% | 1,078 | $452K | Add +0.4% |
| GOOG Alphabet Inc. Class C | 0.19% | 2,695 | $451K | Add +32.4% |
| SRE Sempra | 0.19% | 5,279 | $441K | Add +0.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.19% | 1,546 | $439K | Reduce -1.7% |
| DMAY FT Vest US Equity Deep Buffe | 0.16% | 9,205 | $368K | No change |
| TXN Texas Instruments Inc. | 0.15% | 1,723 | $356K | Add +0.7% |
| PEP Pepsico Inc. | 0.15% | 2,077 | $353K | Add +0.7% |
| MLPA Global X MLP ETF | 0.15% | 7,288 | $350K | Add +1.9% |
| IBTG iShares Ibonds Dec 2026 Term | 0.14% | 13,964 | $322K | Reduce -2.1% |
| IBTF iShares Ibonds Dec 2025 Term | 0.14% | 13,723 | $321K | Reduce -1.6% |
| PYPL PayPal Holdings Inc. | 0.13% | 4,020 | $314K | Reduce -0.3% |
| IVV iShares Core S&P 500 ETF | 0.13% | 523 | $302K | Reduce -0.8% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.13% | 7,921 | $298K | No change |
| MCK McKesson Corp. | 0.13% | 600 | $297K | No change |
| ADBE Adobe Inc. | 0.12% | 551 | $285K | No change |
| AMD Advanced Micro Devices | 0.12% | 1,735 | $285K | Add +6.1% |
| VEEV Veeva Systems Inc. Class A | 0.12% | 1,315 | $276K | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.11% | 1,200 | $265K | No change |
| GLD SPDR Gold Shares | 0.11% | 1,083 | $263K | Reduce -1.5% |
| NVDA Nvidia Corp. | 0.09% | 1,820 | $221K | No change |
| IWB iShares Russell 1000 ETF | 0.09% | 649 | $204K | New |
| BEAT Heartbeam Inc. | 0.05% | 54,400 | $126K | Reduce -49.3% |
| TENON MEDICAL INC | 0.02% | 10,025 | $43K | New |
Options reported separately and not counted above: DIS calls ($17K), PFE calls ($11K), NVDA puts ($2K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $33K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| TNONW Tenon Medical Inc.-28 | *W EXP 06/16/202 | 1,070,000 | $33K | New |
Total filed on the 13F, all lines: $236.4M.
Portfolio Sells Q2 2024 → Q3 2024
| DJAN FT Vest U.S. Equity Deep Buf | Sold out | 0.00% | −3.14 |
| BG Bunge Global SA | Sold out | 0.00% | −1.43 |
| INTC Intel Corp. | Sold out | 0.00% | −1.38 |
| IJR iShares Core S&P Small-Cap E | Sold out | 0.00% | −1.24 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −1.24 |
| SCHV Schwab US Large-Cap Value | Reduce -8.5% | 6.74% | −0.73 |
| VONE Vanguard Russell 1000 | Reduce -62.6% | 0.37% | −0.66 |
| CVX Chevron Corp. | Reduce -10.4% | 2.03% | −0.60 |
| XOM Exxon Mobil Corp. | Reduce -18.4% | 1.49% | −0.47 |
| SCHW Schwab (charles) Corp. | Reduce -0.7% | 1.79% | −0.45 |
| EXE Expand Energy Corp. | Sold out | 0.00% | −0.40 |
| V Visa Inc. Class A | Reduce -60.0% | 0.23% | −0.37 |
| D Dominion Energy Inc. | Sold out | 0.00% | −0.35 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.28 |
| HON Honeywell International Inc. | Reduce -0.6% | 1.96% | −0.27 |
| SCHG Schwab US Large-Cap Growth | Reduce -0.4% | 4.08% | −0.26 |
| OXY Occidental Petroleum Corp. | Reduce -33.4% | 0.25% | −0.25 |
| DFEB FT Vest U.S. Equity Deep Buf | Reduce -1.5% | 2.06% | −0.15 |
| EMR Emerson Electric Co. | Reduce -0.1% | 1.33% | −0.14 |
| DMAR FT Vest US Equity Deep Buffe | Reduce -0.6% | 2.24% | −0.14 |
| SKY Champion Homes Inc. | Sold out | 0.00% | −0.12 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -2.8% | 1.24% | −0.12 |
| SCHF Schwab Intl Equity ETF | Reduce -1.2% | 2.53% | −0.11 |
| EEFT Euronet Worldwide Inc. | Sold out | 0.00% | −0.11 |
| GOVT iShares US Treasury Bond ETF | Sold out | 0.00% | −0.09 |
| SLB SLB Ltd. | Reduce -4.9% | 0.29% | −0.08 |
| BEAT Heartbeam Inc. | Reduce -49.3% | 0.05% | −0.07 |
| CLB Core Laboratories Inc. | Reduce -2.8% | 0.30% | −0.07 |
| SCHB Schwab US Broad Market ETF | Reduce -3.0% | 0.85% | −0.06 |
| ROK Rockwell Automation Inc. | Reduce -4.8% | 0.29% | −0.05 |
| ESGU iShares ESG Aware MSCI USA | Reduce -1.3% | 1.03% | −0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.0% | 0.62% | −0.04 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.4% | 1.07% | −0.03 |
| TENON MEDICAL INC | Sold out | 0.00% | −0.02 |
| MMS Maximus Inc. | Reduce -5.0% | 0.32% | −0.02 |
| IBTH iShares Ibonds Dec 2027 Term | Reduce -2.2% | 0.20% | −0.02 |
| IBTF iShares Ibonds Dec 2025 Term | Reduce -1.6% | 0.14% | −0.01 |
| IBTG iShares Ibonds Dec 2026 Term | Reduce -2.1% | 0.14% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Reduce -0.8% | 0.30% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -1.7% | 0.19% | −0.01 |
| MCD McDonald's Corp. | Reduce -10.8% | 0.28% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -0.8% | 0.13% | −0.01 |
| GLD SPDR Gold Shares | Reduce -1.5% | 0.11% | +0.00 |
| GEHC GE Healthcare Technology | Reduce -4.8% | 0.36% | +0.02 |
| ITA iShares U.S. Aerospace & Def | Reduce -1.6% | 0.93% | +0.02 |
| PYPL PayPal Holdings Inc. | Reduce -0.3% | 0.13% | +0.02 |
| RTX RTX Corp. | Reduce -3.3% | 0.59% | +0.04 |
| MDT Medtronic PLC | Reduce -0.0% | 1.55% | +0.07 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -1.2% | 1.20% | +0.08 |
| ABBV Abbvie Inc. | Reduce -0.5% | 1.84% | +0.09 |
Portfolio Buys Q2 2024 → Q3 2024
| DSEP FT Vest U.S. Equity Deep Buf | New | 2.91% | +2.91 |
| RSP Invesco S&P 500 Equal Weight | Add +63.0% | 5.07% | +1.95 |
| EWJ iShares MSCI Japan ETF | New | 1.79% | +1.79 |
| UNH Unitedhealth Group Inc. | Add +414.4% | 1.47% | +1.20 |
| ULTA Ulta Beauty Inc. | New | 1.03% | +1.03 |
| EW Edwards Lifesciences Corp. | Add +1346.4% | 1.06% | +0.95 |
| URA Global X Uranium ETF | New | 0.80% | +0.80 |
| IAU iShares Gold Trust | Add +9.1% | 5.25% | +0.60 |
| SCTXX Schwab Amt Tax FR MNY-Ultra | New | 0.49% | +0.49 |
| VRT Vertiv Holdings Co. Class A | New | 0.39% | +0.39 |
| CEG Constellation Energy | Add +8.9% | 1.67% | +0.38 |
| MU Micron Technology Inc. | New | 0.35% | +0.35 |
| ESLT Elbit Systems Ltd. | New | 0.32% | +0.32 |
| EWQ iShares MSCI France ETF | New | 0.31% | +0.31 |
| ABT Abbott Laboratories | Add +23.6% | 1.25% | +0.24 |
| WMT Walmart Inc. | Add +0.2% | 2.68% | +0.23 |
| ORCL Oracle Corp. | Add +0.7% | 2.03% | +0.20 |
| DJUL FT Vest US Equity Deep Buffe | New | 0.19% | +0.19 |
| LHX L3HARRIS Technologies Inc. | Add +17.0% | 1.51% | +0.18 |
| GD General Dynamics Corp. | Add +14.6% | 2.10% | +0.18 |
| ACN Accenture PLC Class A | Add +1.6% | 1.78% | +0.14 |
| DUK Duke Energy Corp. | Add +3.5% | 1.67% | +0.14 |
| VEEV Veeva Systems Inc. Class A | New | 0.12% | +0.12 |
| IWB iShares Russell 1000 ETF | New | 0.09% | +0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.1% | 1.74% | +0.06 |
| CSCO Cisco Systems Inc. | Add +0.5% | 1.44% | +0.04 |
| BWA Borgwarner Inc. | Add +0.5% | 0.91% | +0.03 |
| GOOG Alphabet Inc. Class C | Add +32.4% | 0.19% | +0.02 |
| TENON MEDICAL INC | New | 0.02% | +0.02 |
| PFE Pfizer Inc. | Add +10.2% | 0.20% | +0.01 |
| USMV iShares MSCI USA Min Vol Fac | Add +0.7% | 4.58% | +0.01 |
| AAPL Apple Inc. | Add +0.5% | 0.43% | +0.01 |
| DE Deere & Co. | Add +0.4% | 0.19% | +0.00 |
| COST Costco Wholesale Corp. | Add +5.3% | 0.77% | +0.00 |
| SRE Sempra | Add +0.8% | 0.19% | +0.00 |
| AMD Advanced Micro Devices | Add +6.1% | 0.12% | −0.00 |
| MORN Morningstar Inc. | Add +0.1% | 0.24% | −0.00 |
| TXN Texas Instruments Inc. | Add +0.7% | 0.15% | −0.00 |
| VZ Verizon Communications Inc. | Add +0.0% | 1.41% | −0.01 |
| PEP Pepsico Inc. | Add +0.7% | 0.15% | −0.01 |
| MLPA Global X MLP ETF | Add +1.9% | 0.15% | −0.01 |
| GOOGL Alphabet Inc. Class A | Add +14.1% | 0.38% | −0.02 |
| VGK Vanguard Ftse Europe ETF | Add +1.4% | 3.45% | −0.04 |
| XLE SS Energy Select Sector | Add +2.3% | 0.72% | −0.08 |
| DIS The Walt Disney Co. | Add +2.2% | 1.02% | −0.11 |
| MSFT Microsoft Corp. | Add +1.7% | 2.36% | −0.28 |
Options Activity Q2 2024 → Q3 2024
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2024 → Q3 2024
| TNONW Tenon Medical Inc.-28 | *W EXP 06/16/202 | New | 1,070,000 | $33K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 112 | $360.2M | WFC, RSP, VUSB, SCHV, DMAY |
| Q1 2026 | 106 | $314.8M | WFC, VUSB, SCHV, RSP, IAU |
| Q4 2025 | 104 | $299.8M | VUSB, RSP, CLOX, IAU, SCHV |
| Q3 2025 | 107 | $284.4M | VUSB, RSP, SCHV, DSEP, USMV |
| Q2 2025 | 95 | $230.1M | USMV, RSP, SCHV, IAU, DMAR |
| Q1 2025 | 83 | $225.0M | SCHV, RSP, MBB, USMV, IAU |
| Q4 2024 | 93 | $222.6M | SCHV, RSP, SCHG, USMV, IAU |
| Q3 2024 | 93 | $236.4M | SCHV, IAU, RSP, USMV, SCHG |
| Q2 2024 | 92 | $216.2M | SCHV, IAU, USMV, SCHG, VGK |
| Q1 2024 | 97 | $233.1M | SCHV, DJAN, DMAR, USMV, IAU |