Spectrum Asset Management, Inc. (NB/CA)
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 3, 2026), Spectrum Asset Management, Inc. (NB/CA) reported 112 stock positions worth $360.2 million. Its top holding was Wells Fargo (WFC) at 9.3% of the portfolio, followed by Invesco S&P 500 Equal Weight (RSP, 7.4%) and Vanguard Ultra Short Bond Et (VUSB, 6.7%). Compared with Q1 2026, it opened 12 new positions, sold out of 7, added to 39 and reduced 39. The biggest buy was Invesco S&P 500 Equal Weight (RSP, shares +68%) and the biggest sale an exit from Hedgeye Capital Allocat ETF (HECA).
- Most Recent 13F
- Q2 2026
- Location
- NEWPORT BEACH, CA
- CIK
- 0001632078
- Portfolio Value
- $360.2M (Q2 2026)
- SEC Filing
- 0001632078-26-000009 ↗ filed Aug 3, 2026
Holdings Value
Holdings 112 stocks · $360.2M
| WFC Wells Fargo & Co. | 9.34% | 407,194 | $33.7M | Reduce -1.8% |
| RSP Invesco S&P 500 Equal Weight | 7.44% | 125,941 | $26.8M | Add +68.3% |
| VUSB Vanguard Ultra Short Bond Et | 6.74% | 487,873 | $24.3M | Add +4.6% |
| SCHV Schwab US Large-Cap Value | 5.07% | 524,862 | $18.3M | Add +10.5% |
| DMAY FT Vest US Equity Deep Buffe | 3.58% | 273,257 | $12.9M | Add +102.9% |
| DSEP FT Vest U.S. Equity Deep Buf | 3.36% | 254,816 | $12.1M | Reduce -0.2% |
| IAU iShares Gold Trust | 3.35% | 159,602 | $12.1M | Reduce -0.5% |
| DMAR FT Vest US Equity Deep Buffe | 3.07% | 246,980 | $11.0M | Reduce -0.5% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 2.63% | 86,909 | $9.5M | New |
| YMAR FT VT Int Equ M B- Mar-US I | 2.01% | 252,509 | $7.2M | Add +0.7% |
| DFEB FT Vest U.S. Equity Deep Buf | 1.96% | 139,879 | $7.1M | Reduce -2.9% |
| SCHF Schwab Intl Equity ETF | 1.89% | 245,930 | $6.8M | Add +45.0% |
| GOOG Alphabet Inc. Class C | 1.85% | 18,831 | $6.7M | Reduce -0.6% |
| CSCO Cisco Systems Inc. | 1.79% | 54,772 | $6.4M | Reduce -0.7% |
| SCHG Schwab US Large-Cap Growth | 1.70% | 181,120 | $6.1M | Add +3.8% |
| DDEC FT Vest U.S. Equity Deep Buf | 1.56% | 118,323 | $5.6M | Reduce -0.7% |
| XOM Exxon Mobil Corp. | 1.53% | 40,281 | $5.5M | Reduce -0.4% |
| CVX Chevron Corp. | 1.49% | 32,322 | $5.4M | Add +0.0% |
| USMV iShares MSCI USA Min Vol Fac | 1.41% | 52,587 | $5.1M | Add +6.7% |
| EME Emcor Group Inc. | 1.27% | 5,525 | $4.6M | Reduce -13.0% |
| WMT Walmart Inc. | 1.27% | 40,432 | $4.6M | Reduce -0.3% |
| ABBV Abbvie Inc. | 1.27% | 18,159 | $4.6M | Add +0.2% |
| DJUN FT Vest US Equity Deep Buffe | 1.26% | 92,169 | $4.5M | New |
| SGOV iShares 0-3 Month Treasury B | 1.21% | 43,369 | $4.4M | New |
| EMXC iShares MSCI Emr MRK Ex Chna | 1.17% | 41,062 | $4.2M | New |
| ILMN Illumina Inc. | 1.15% | 23,586 | $4.1M | Add +5.1% |
| DUK Duke Energy Corp. | 1.04% | 29,511 | $3.7M | Reduce -0.0% |
| SCJ iShares MSCI Japan Small-Cap | 1.03% | 35,337 | $3.7M | Add +4.3% |
| SCHW Schwab (charles) Corp. | 1.03% | 40,174 | $3.7M | Add +0.3% |
| LHX L3HARRIS Technologies Inc. | 1.03% | 12,730 | $3.7M | Reduce -0.0% |
| MSFT Microsoft Corp. | 1.01% | 9,740 | $3.6M | Reduce -4.7% |
| NVS Novartis AG-Sponsored ADR | 0.99% | 22,804 | $3.6M | Reduce -13.2% |
| FCX Freeport-McMoran Inc. | 0.98% | 55,922 | $3.5M | Add +3.0% |
| EMR Emerson Electric Co. | 0.94% | 23,718 | $3.4M | Reduce -0.4% |
| EW Edwards Lifesciences Corp. | 0.90% | 36,010 | $3.3M | Add +0.0% |
| SCHR Schwab Intermediate-Term US | 0.89% | 130,560 | $3.2M | Reduce -6.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.89% | 6,423 | $3.2M | Reduce -0.3% |
| XLE SS Energy Select Sector | 0.89% | 60,038 | $3.2M | Add +2.3% |
| CLOX Eldridge Aaa Clo ETF | 0.88% | 124,361 | $3.2M | Add +7.8% |
| ESGU iShares ESG Aware MSCI USA | 0.78% | 17,089 | $2.8M | Add +4.6% |
| SOLS Solstice Adv Materials Inc. | 0.75% | 30,289 | $2.7M | Add +102.0% |
| LIN Linde PLC | 0.68% | 4,717 | $2.4M | Reduce -0.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.67% | 3,224 | $2.4M | Reduce -5.0% |
| SCHB Schwab US Broad Market ETF | 0.65% | 80,233 | $2.3M | Reduce -10.7% |
| ORCL Oracle Corp. | 0.64% | 15,806 | $2.3M | Reduce -0.5% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.62% | 3 | $2.2M | No change |
| HON Honeywell International Inc. | 0.55% | 8,865 | $2.0M | No change |
| HONA Honeywell Aerospace Inc. | 0.54% | 8,850 | $2.0M | Reduce -0.1% |
| DJAN FT Vest U.S. Equity Deep Buf | 0.51% | 40,032 | $1.8M | Reduce -1.6% |
| GOOGL Alphabet Inc. Class A | 0.51% | 5,096 | $1.8M | Reduce -4.9% |
| AAPL Apple Inc. | 0.49% | 6,103 | $1.8M | Add +28.7% |
| DNOV FT Vest US Equity Deep Buffe | 0.40% | 28,381 | $1.5M | No change |
| DAPR FT Vest U.S. Equity Deep Buf | 0.37% | 32,760 | $1.3M | Add +370.4% |
| COST Costco Wholesale Corp. | 0.37% | 1,413 | $1.3M | Add +0.1% |
| V Visa Inc. Class A | 0.37% | 3,836 | $1.3M | Add +0.1% |
| RTX RTX Corp. | 0.34% | 6,533 | $1.2M | Add +0.2% |
| MCK McKesson Corp. | 0.34% | 1,600 | $1.2M | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.32% | 13,308 | $1.1M | No change |
| GEV GE Vernova Inc. | 0.27% | 825 | $970K | No change |
| GE General Electric filed as GE AEROSPACE | 0.27% | 2,577 | $963K | No change |
| IJR iShares Core S&P Small-Cap E | 0.26% | 6,355 | $943K | Add +3.0% |
| MRVL Marvell Technology Inc. | 0.25% | 3,046 | $907K | Reduce -43.6% |
| NVDA Nvidia Corp. | 0.25% | 4,417 | $884K | Add +114.6% |
| VEA Vanguard Ftse Developed ETF | 0.22% | 11,211 | $799K | Reduce -3.3% |
| TSLA Tesla Inc. | 0.20% | 1,740 | $732K | Add +77.9% |
| EWW iShares MSCI Mexico ETF | 0.20% | 9,630 | $725K | Add +3.7% |
| TLT iShares 20+ Year Treasury BD | 0.20% | 8,370 | $723K | No change |
| DOCT FT Vest U.S. Equity Deep Buf | 0.20% | 15,460 | $722K | No change |
| DE Deere & Co. | 0.20% | 1,133 | $721K | Add +0.3% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.20% | 356 | $708K | No change |
| VONE Vanguard Russell 1000 | 0.19% | 2,009 | $680K | Reduce -1.7% |
| AMZN Amazon.com Inc. | 0.18% | 2,757 | $657K | Reduce -30.9% |
| STM Stmicroelectronics NV-NY SHS | 0.18% | 8,453 | $633K | New |
| CGNX Cognex Corp. | 0.16% | 8,087 | $586K | New |
| MCD McDonald's Corp. | 0.16% | 2,160 | $584K | Add +0.4% |
| SHY iShares 1-3 Year Treasury Bo | 0.16% | 7,000 | $575K | New |
| URA Global X Uranium ETF | 0.16% | 13,111 | $573K | New |
| IBTH iShares Ibonds Dec 2027 Term | 0.16% | 25,605 | $573K | Reduce -8.5% |
| LLY Eli Lilly & Co. | 0.15% | 449 | $539K | No change |
| GD General Dynamics Corp. | 0.14% | 1,410 | $499K | No change |
| AVGO Broadcom Inc. | 0.14% | 1,306 | $493K | New |
| WY Weyerhaeuser Co. | 0.14% | 20,457 | $490K | New |
| FNV Franco-Nevada Corp. | 0.14% | 2,344 | $489K | No change |
| MDT Medtronic PLC | 0.13% | 5,990 | $473K | Reduce -83.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.13% | 1,247 | $461K | Reduce -8.0% |
| PFE Pfizer Inc. | 0.13% | 18,885 | $455K | Add +1.6% |
| BWXT BWX Technologies Inc. | 0.13% | 2,322 | $452K | No change |
| SRE Sempra | 0.12% | 4,810 | $446K | Add +0.7% |
| CAT Caterpillar Inc. | 0.12% | 412 | $439K | Reduce -32.6% |
| MLPA Global X MLP ETF | 0.12% | 8,110 | $430K | Add +1.9% |
| FPS Forgent Power Solutions Class A | 0.11% | 6,925 | $387K | New |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.11% | 4,175 | $383K | Reduce -16.9% |
| ANET Arista Networks Inc. | 0.10% | 2,029 | $345K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.09% | 1,200 | $337K | No change |
| IBTG iShares Ibonds Dec 2026 Term | 0.09% | 14,211 | $325K | Reduce -13.2% |
| VRTX Vertex Pharmaceuticals Inc. | 0.09% | 634 | $315K | No change |
| IBTI iShares Ibonds Dec 2028 Term | 0.09% | 14,094 | $312K | Reduce -4.1% |
| PEP Pepsico Inc. | 0.08% | 2,214 | $300K | Add +1.0% |
| NEM Newmont Corp. | 0.08% | 3,161 | $295K | Add +0.3% |
| DJUL FT Vest US Equity Deep Buffe | 0.08% | 5,845 | $293K | No change |
| IVV iShares Core S&P 500 ETF | 0.08% | 391 | $293K | Reduce -32.7% |
| GLD SPDR Gold Shares | 0.08% | 780 | $287K | Reduce -10.6% |
| MORN Morningstar Inc. | 0.08% | 1,829 | $285K | Add +0.3% |
| BAC Bank of America Corp. | 0.08% | 5,003 | $285K | Add +0.0% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.08% | 5,522 | $278K | No change |
| AEM Agnico Eagle Mines Ltd. | 0.07% | 1,650 | $256K | No change |
| MO Altria Group Inc. | 0.07% | 3,405 | $249K | No change |
| UNH Unitedhealth Group Inc. | 0.06% | 538 | $224K | New |
| IWB iShares Russell 1000 ETF | 0.06% | 541 | $222K | Reduce -27.6% |
| BEAT Heartbeam Inc. | 0.02% | 100,400 | $75K | Add +6.4% |
| LDI Loandepot Inc. Class A | 0.00% | 12,000 | $15K | Add +20.0% |
| TENON MEDICAL INC | 0.00% | 10,650 | $3K | No change |
Options reported separately and not counted above: WFC puts ($285K), NVDA puts ($2K), AAPL puts ($193).
Other holdings (1): bonds, preferreds, convertibles and warrants · $7K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| TNONW Tenon Medical Inc.-28 | *W EXP 06/16/202 | 679,420 | $7K | No change |
Total filed on the 13F, all lines: $360.2M.
Portfolio Sells Q1 2026 → Q2 2026
| HECA Hedgeye Capital Allocat ETF | Sold out | 0.00% | −3.18 |
| WFC Wells Fargo & Co. | Reduce -1.8% | 9.34% | −1.14 |
| IAU iShares Gold Trust | Reduce -0.5% | 3.35% | −1.14 |
| AAAU Goldman Sachs Physical Gold | Sold out | 0.00% | −1.13 |
| MDT Medtronic PLC | Reduce -83.5% | 0.13% | −0.87 |
| XOM Exxon Mobil Corp. | Reduce -0.4% | 1.53% | −0.65 |
| LHX L3HARRIS Technologies Inc. | Reduce -0.0% | 1.03% | −0.37 |
| WMT Walmart Inc. | Reduce -0.3% | 1.27% | −0.33 |
| NVS Novartis AG-Sponsored ADR | Reduce -13.2% | 0.99% | −0.28 |
| DMAR FT Vest US Equity Deep Buffe | Reduce -0.5% | 3.07% | −0.28 |
| EWZ iShares MSCI Brazil ETF | Sold out | 0.00% | −0.26 |
| ESLT Elbit Systems Ltd. | Sold out | 0.00% | −0.24 |
| EME Emcor Group Inc. | Reduce -13.0% | 1.27% | −0.22 |
| DSEP FT Vest U.S. Equity Deep Buf | Reduce -0.2% | 3.36% | −0.21 |
| SCHR Schwab Intermediate-Term US | Reduce -6.2% | 0.89% | −0.21 |
| DFEB FT Vest U.S. Equity Deep Buf | Reduce -2.9% | 1.96% | −0.21 |
| MSFT Microsoft Corp. | Reduce -4.7% | 1.01% | −0.19 |
| DUK Duke Energy Corp. | Reduce -0.0% | 1.04% | −0.19 |
| DDEC FT Vest U.S. Equity Deep Buf | Reduce -0.7% | 1.56% | −0.12 |
| ORCL Oracle Corp. | Reduce -0.5% | 0.64% | −0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.3% | 0.89% | −0.09 |
| AMZN Amazon.com Inc. | Reduce -30.9% | 0.18% | −0.08 |
| HONA Honeywell Aerospace Inc. | Reduce -0.1% | 0.54% | −0.08 |
| SCHB Schwab US Broad Market ETF | Reduce -10.7% | 0.65% | −0.07 |
| LIN Linde PLC | Reduce -0.3% | 0.68% | −0.07 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.06 |
| EFV iShares MSCI Eafe Value ETF | Sold out | 0.00% | −0.06 |
| EIX Edison International | Sold out | 0.00% | −0.06 |
| EMR Emerson Electric Co. | Reduce -0.4% | 0.94% | −0.05 |
| DJAN FT Vest U.S. Equity Deep Buf | Reduce -1.6% | 0.51% | −0.04 |
| IBTH iShares Ibonds Dec 2027 Term | Reduce -8.5% | 0.16% | −0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -16.9% | 0.11% | −0.04 |
| GLD SPDR Gold Shares | Reduce -10.6% | 0.08% | −0.04 |
| IVV iShares Core S&P 500 ETF | Reduce -32.7% | 0.08% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -5.0% | 0.67% | −0.03 |
| IBTG iShares Ibonds Dec 2026 Term | Reduce -13.2% | 0.09% | −0.03 |
| IWB iShares Russell 1000 ETF | Reduce -27.6% | 0.06% | −0.02 |
| IBTI iShares Ibonds Dec 2028 Term | Reduce -4.1% | 0.09% | −0.02 |
| CAT Caterpillar Inc. | Reduce -32.6% | 0.12% | −0.02 |
| VEA Vanguard Ftse Developed ETF | Reduce -3.3% | 0.22% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -8.0% | 0.13% | −0.01 |
| VONE Vanguard Russell 1000 | Reduce -1.7% | 0.19% | −0.00 |
| GOOGL Alphabet Inc. Class A | Reduce -4.9% | 0.51% | +0.02 |
| MRVL Marvell Technology Inc. | Reduce -43.6% | 0.25% | +0.08 |
| GOOG Alphabet Inc. Class C | Reduce -0.6% | 1.85% | +0.12 |
| CSCO Cisco Systems Inc. | Reduce -0.7% | 1.79% | +0.43 |
Portfolio Buys Q1 2026 → Q2 2026
| RSP Invesco S&P 500 Equal Weight | Add +68.3% | 7.44% | +2.88 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | New | 2.63% | +2.63 |
| DMAY FT Vest US Equity Deep Buffe | Add +102.9% | 3.58% | +1.65 |
| DJUN FT Vest US Equity Deep Buffe | New | 1.26% | +1.26 |
| SGOV iShares 0-3 Month Treasury B | New | 1.21% | +1.21 |
| EMXC iShares MSCI Emr MRK Ex Chna | New | 1.17% | +1.17 |
| SCHF Schwab Intl Equity ETF | Add +45.0% | 1.89% | +0.56 |
| SCHV Schwab US Large-Cap Value | Add +10.5% | 5.07% | +0.47 |
| SOLS Solstice Adv Materials Inc. | Add +102.0% | 0.75% | +0.38 |
| DAPR FT Vest U.S. Equity Deep Buf | Add +370.4% | 0.37% | +0.28 |
| ILMN Illumina Inc. | Add +5.1% | 1.15% | +0.27 |
| STM Stmicroelectronics NV-NY SHS | New | 0.18% | +0.18 |
| CGNX Cognex Corp. | New | 0.16% | +0.16 |
| SHY iShares 1-3 Year Treasury Bo | New | 0.16% | +0.16 |
| URA Global X Uranium ETF | New | 0.16% | +0.16 |
| AVGO Broadcom Inc. | New | 0.14% | +0.14 |
| WY Weyerhaeuser Co. | New | 0.14% | +0.14 |
| NVDA Nvidia Corp. | Add +114.6% | 0.25% | +0.13 |
| AAPL Apple Inc. | Add +28.7% | 0.49% | +0.11 |
| FPS Forgent Power Solutions Class A | New | 0.11% | +0.11 |
| TSLA Tesla Inc. | Add +77.9% | 0.20% | +0.09 |
| SCHG Schwab US Large-Cap Growth | Add +3.8% | 1.70% | +0.09 |
| UNH Unitedhealth Group Inc. | New | 0.06% | +0.06 |
| ESGU iShares ESG Aware MSCI USA | Add +4.6% | 0.78% | +0.04 |
| IJR iShares Core S&P Small-Cap E | Add +3.0% | 0.26% | +0.02 |
| ABBV Abbvie Inc. | Add +0.2% | 1.27% | +0.02 |
| BAC Bank of America Corp. | Add +0.0% | 0.08% | +0.00 |
| LDI Loandepot Inc. Class A | Add +20.0% | 0.00% | −0.00 |
| V Visa Inc. Class A | Add +0.1% | 0.37% | −0.00 |
| DE Deere & Co. | Add +0.3% | 0.20% | −0.00 |
| EW Edwards Lifesciences Corp. | Add +0.0% | 0.90% | −0.01 |
| SCJ iShares MSCI Japan Small-Cap | Add +4.3% | 1.03% | −0.01 |
| BEAT Heartbeam Inc. | Add +6.4% | 0.02% | −0.02 |
| MLPA Global X MLP ETF | Add +1.9% | 0.12% | −0.02 |
| MORN Morningstar Inc. | Add +0.3% | 0.08% | −0.02 |
| EWW iShares MSCI Mexico ETF | Add +3.7% | 0.20% | −0.02 |
| SRE Sempra | Add +0.7% | 0.12% | −0.02 |
| PEP Pepsico Inc. | Add +1.0% | 0.08% | −0.02 |
| NEM Newmont Corp. | Add +0.3% | 0.08% | −0.03 |
| FCX Freeport-McMoran Inc. | Add +3.0% | 0.98% | −0.04 |
| PFE Pfizer Inc. | Add +1.6% | 0.13% | −0.04 |
| USMV iShares MSCI USA Min Vol Fac | Add +6.7% | 1.41% | −0.04 |
| MCD McDonald's Corp. | Add +0.4% | 0.16% | −0.05 |
| CLOX Eldridge Aaa Clo ETF | Add +7.8% | 0.88% | −0.05 |
| RTX RTX Corp. | Add +0.2% | 0.34% | −0.06 |
| COST Costco Wholesale Corp. | Add +0.1% | 0.37% | −0.08 |
| SCHW Schwab (charles) Corp. | Add +0.3% | 1.03% | −0.17 |
| YMAR FT VT Int Equ M B- Mar-US I | Add +0.7% | 2.01% | −0.17 |
| XLE SS Energy Select Sector | Add +2.3% | 0.89% | −0.26 |
| VUSB Vanguard Ultra Short Bond Et | Add +4.6% | 6.74% | −0.64 |
Options Activity Q1 2026 → Q2 2026
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings 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 |