Western Financial Corp

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 24, 2024), Western Financial Corp reported 114 stock positions worth $163.2 million. Its top holding was Enterprise Financial Service (EFSC) at 16.2% of the portfolio, followed by Arrowhead Pharmaceuticals (ARWR, 14.4%) and Wells Fargo (WFC, 3.2%). Compared with Q4 2023, it opened 22 new positions, sold out of 17, added to 49 and reduced 39. The biggest buy was a new position in General Electric Co.-Wi (GE) and the biggest sale Enterprise Financial Service (EFSC, shares −1%).

Most Recent 13F: Q2 2026
Location: SAN DIEGO, CA
CIK: 0001954480
Portfolio Value: $163.2M (Q1 2024)
SEC Filing: 0001085146-24-001985 ↗ filed Apr 24, 2024

Holdings Value

Holdings 114 stocks · $163.2M


EFSC Enterprise Financial Service	16.21%	652,108	$26.4M	Reduce -0.7%
ARWR Arrowhead Pharmaceuticals Inc.	14.38%	820,239	$23.5M	No change
WFC Wells Fargo & Co.	3.23%	90,877	$5.3M	No change
GOVT iShares US Treasury Bond ETF	2.23%	159,676	$3.6M	Add +11.8%
NVDA Nvidia Corp.	2.15%	3,877	$3.5M	Reduce -21.3%
META Meta Platforms Inc. Class A	1.92%	6,446	$3.1M	Reduce -4.0%
LLY Eli Lilly & Co.	1.89%	3,962	$3.1M	Add +47.4%
AMD Advanced Micro Devices	1.57%	14,230	$2.6M	Add +7.6%
GE General Electric Co.-Wi	1.38%	12,805	$2.2M	New
CRWD CrowdStrike Holdings Inc. Class A	1.29%	6,551	$2.1M	New
CDNS Cadence Design SYS Inc.	1.20%	6,294	$2.0M	Add +8.7%
HD Home Depot Inc.	1.20%	5,098	$2.0M	Add +7.2%
AZO AutoZone Inc.	1.18%	613	$1.9M	Add +13.7%
CMG Chipotle Mexican Grill Inc.	1.18%	663	$1.9M	Add +2.6%
ORLY O'reilly Automotive Inc.	1.18%	1,706	$1.9M	Add +10.9%
UBER Uber Technologies Inc.	1.16%	24,644	$1.9M	Add +3.1%
ADBE Adobe Inc.	1.15%	3,727	$1.9M	Add +5.4%
SNPS Synopsys Inc.	1.15%	3,275	$1.9M	Add +9.1%
ANET Arista Networks Inc.	1.14%	6,433	$1.9M	Add +77.8%
SPYM Ste STR SPDR PT S&P 500 ETF	1.08%	28,708	$1.8M	Reduce -36.6%
TDG Transdigm Group Inc.	1.08%	1,426	$1.8M	New
REGN Regeneron Pharmaceuticals	1.07%	1,807	$1.7M	Add +7.9%
COIN Coinbase Global Inc. Class A	0.84%	5,144	$1.4M	New
AVGO Broadcom Inc.	0.83%	1,022	$1.4M	Reduce -4.1%
AMZN Amazon.com Inc.	0.83%	7,501	$1.4M	Add +37.9%
SHYG iShares 0-5 YR HY Corp. Bond	0.83%	31,724	$1.3M	Add +4.0%
SHV iShares 0-1 Year Treasury Bo	0.80%	11,845	$1.3M	Add +6.6%
NFLX Netflix Inc.	0.78%	2,095	$1.3M	Add +15.5%
LRCX Lam Research Corp.	0.74%	1,248	$1.2M	Add +24.4%
CPRT Copart Inc.	0.72%	20,398	$1.2M	Add +28.4%
DASH DoorDash Inc. Class A	0.70%	8,269	$1.1M	Add +6.8%
MRK Merck & Co. Inc.	0.69%	8,559	$1.1M	Add +1.0%
CTAS Cintas Corp.	0.69%	1,638	$1.1M	Add +13.7%
RCL Royal Caribbean Cruises Ltd.	0.68%	8,027	$1.1M	Add +5.7%
MAR Marriott International Class A	0.66%	4,266	$1.1M	Add +21.1%
IUSB Ishr CR Unvrse Usd BD ETF-Ui	0.65%	23,344	$1.1M	Add +21.5%
HLT Hilton Worldwide Holdings Inc.	0.65%	4,953	$1.1M	Add +18.0%
IT Gartner Inc.	0.64%	2,206	$1.1M	Add +28.6%
SCHZ Schwab US Aggregate Bond ETF	0.64%	22,723	$1.0M	Reduce -16.1%
NET Cloudflare Inc. Class A	0.64%	10,724	$1.0M	Add +3.7%
COST Costco Wholesale Corp.	0.64%	1,416	$1.0M	Reduce -6.2%
BKNG Booking Holdings Inc.	0.63%	283	$1.0M	Add +22.5%
KLAC KLA Corp.	0.62%	1,448	$1.0M	Reduce -8.5%
ODFL Old Dominion Freight Line	0.61%	4,556	$999K	Add +35.9%
HUBS HubSpot Inc.	0.61%	1,594	$999K	Add +20.4%
MPC Marathon Petroleum Corp.	0.61%	4,953	$998K	Reduce -7.7%
UNH Unitedhealth Group Inc.	0.61%	2,005	$992K	Reduce -21.2%
ROP Roper Technologies Inc.	0.59%	1,708	$958K	Add +33.4%
PAYX Paychex Inc.	0.59%	7,796	$957K	Add +36.3%
PLTR Palantir Technologies Inc. Class A	0.57%	40,765	$938K	Reduce -0.3%
JBHT Hunt (jb) Transprt SVCS Inc.	0.56%	4,620	$920K	Add +30.6%
SPG Simon Property Group Inc.	0.56%	5,866	$918K	New
MCK McKesson Corp.	0.55%	1,683	$904K	Reduce -6.8%
BSCS Invesco Bulletshares 2028 CB	0.55%	44,799	$899K	Add +7.4%
PSX Phillips 66	0.55%	5,487	$896K	Reduce -10.3%
LVS Las Vegas Sands Corp.	0.55%	17,245	$892K	Add +23.1%
FICO Fair Isaac Corp.	0.54%	708	$885K	New
BA The Boeing Co.	0.54%	4,573	$882K	Reduce -28.7%
BSCT Invesco Bulletshares 2029 CB	0.54%	47,893	$876K	Add +8.2%
BANC Banc of California Inc.	0.52%	56,235	$855K	Reduce -9.1%
APO Apollo Global Management Inc.	0.52%	7,512	$845K	New
COP Conocophillips	0.51%	6,475	$824K	Reduce -6.8%
MDB Mongodb Inc.	0.50%	2,278	$817K	Add +39.1%
AAPL Apple Inc.	0.49%	4,691	$804K	Reduce -0.0%
CI The Cigna Group	0.48%	2,175	$790K	Reduce -5.9%
DELL Dell Technologies -C	0.48%	6,897	$787K	New
DHI D.R. Horton Inc.	0.47%	4,682	$770K	New
ROST Ross Stores Inc.	0.47%	5,227	$767K	Reduce -7.3%
PANW Palo Alto Networks Inc.	0.46%	2,669	$758K	Add +11.9%
MRVL Marvell Technology Inc.	0.43%	10,009	$709K	Reduce -12.3%
VZ Verizon Communications Inc.	0.43%	16,798	$705K	Add +1.4%
MCHP Microchip Technology Inc.	0.42%	7,610	$683K	Reduce -6.0%
FALN iShares Fallen Angels ETF	0.42%	25,396	$682K	Add +3.1%
HES Hess Corp.	0.41%	4,372	$667K	Reduce -1.4%
FLOT iShares Floating Rate Bond E	0.40%	12,867	$657K	Add +8.0%
MBB iShares MBS ETF	0.40%	7,102	$656K	Reduce -15.0%
BSCR Invesco Bulletshares 2027 CB	0.37%	31,175	$601K	Add +28.0%
BSCQ Invesco Bulletshares 2026 CB	0.36%	30,954	$595K	Add +26.9%
MSFT Microsoft Corp.	0.36%	1,400	$589K	Add +12.5%
BSCP Invesco Bulletshares 2025 CB	0.36%	28,640	$585K	Add +24.0%
ARCC Ares Capital Corp.	0.31%	24,111	$502K	No change
DYNF Ishrs US E F R A ETF-Usd Inc.	0.29%	10,567	$469K	New
PKB Invesco Building & Construct	0.25%	5,438	$407K	Reduce -16.2%
CVX Chevron Corp.	0.23%	2,411	$380K	Reduce -2.4%
CAT Caterpillar Inc.	0.23%	1,008	$369K	Add +25.5%
USB US Bancorp	0.23%	8,244	$369K	New
PSI Invesco Semiconductors ETF	0.23%	6,524	$368K	Reduce -14.5%
PFE Pfizer Inc.	0.22%	13,202	$366K	Reduce -4.6%
PPA Invesco Aerospace & Defense	0.22%	3,574	$363K	Reduce -15.5%
PTF Invesco Dorsey Wright Tech	0.22%	6,303	$362K	Reduce -15.5%
PHO Invesco Water Resources ETF	0.22%	5,397	$359K	Reduce -14.1%
IVW iShares S&P 500 Growth ETF	0.22%	4,230	$357K	New
PG The Procter & Gamble Co.	0.22%	2,200	$357K	No change
PPBI Pacific Premier Bancorp Inc.	0.21%	14,301	$343K	Reduce -30.1%
PXJ Invesco Oil & Gas Services E	0.21%	10,800	$343K	Reduce -12.5%
QUAL iShares MSCI USA Quality Fac	0.21%	2,052	$337K	Reduce -23.6%
PNQI Invesco Nasdaq Internet ETF	0.20%	8,243	$329K	Reduce -13.3%
INTC Intel Corp.	0.19%	7,201	$318K	New
CRM Salesforce Inc.	0.19%	1,053	$317K	Add +9.2%
V Visa Inc. Class A	0.18%	1,042	$291K	Add +30.7%
IVE iShares S&P 500 Value ETF	0.18%	1,551	$290K	New
GOOG Alphabet Inc. Class C	0.18%	1,898	$289K	New
EFV iShares MSCI Eafe Value ETF	0.18%	5,295	$288K	Reduce -53.6%
COF Capital One Financial Corp.	0.17%	1,908	$284K	New
EFG iShares MSCI Eafe Growth ETF	0.17%	2,696	$280K	Reduce -21.3%
MA Mastercard Inc. Class A	0.17%	570	$275K	New
BRK.B Berkshire Hathaway Inc. Class B	0.16%	624	$262K	New
GOOGL Alphabet Inc. Class A	0.16%	1,728	$261K	Reduce -11.3%
BINC iShares Flex I A ETF-Usd Inc.	0.16%	4,934	$259K	New
LIN Linde PLC	0.15%	532	$247K	New
TLT iShares 20+ Year Treasury BD	0.14%	2,413	$228K	Reduce -42.9%
SMLF iShares US Smallcap Equity F	0.13%	3,269	$208K	New
IYW iShares Ustechnology ETF	0.13%	1,525	$206K	Reduce -22.1%
VUG Vanguard Mrngstar GR ETF-Sui	0.13%	594	$204K	New

Portfolio Sells Q4 2023 → Q1 2024


EFSC Enterprise Financial Service	Reduce -0.7%	16.21%	−3.41
GE General Electric	Sold out	0.00%	−1.12
ABBV Abbvie Inc.	Sold out	0.00%	−0.61
SPYM Ste STR SPDR PT S&P 500 ETF	Reduce -36.6%	1.08%	−0.61
XOM Exxon Mobil Corp.	Sold out	0.00%	−0.60
BA The Boeing Co.	Reduce -28.7%	0.54%	−0.58
CHTR Charter Communications Inc. Class A	Sold out	0.00%	−0.51
DE Deere & Co.	Sold out	0.00%	−0.50
TSCO Tractor Supply Company	Sold out	0.00%	−0.50
EOG EOG Resources Inc.	Sold out	0.00%	−0.47
LNG Cheniere Energy Inc.	Sold out	0.00%	−0.46
TTD Trade Desk Inc./the Class A	Sold out	0.00%	−0.45
EXC Exelon Corp.	Sold out	0.00%	−0.45
AON Aon PLC Class A	Sold out	0.00%	−0.44
TFLO iShares Treasury Floating Ra	Sold out	0.00%	−0.41
UNH Unitedhealth Group Inc.	Reduce -21.2%	0.61%	−0.29
SCHI Schwab 5-10 Year Corporate B	Sold out	0.00%	−0.26
EFV iShares MSCI Eafe Value ETF	Reduce -53.6%	0.18%	−0.22
ESGU iShares ESG Aware MSCI USA	Sold out	0.00%	−0.22
SCHZ Schwab US Aggregate Bond ETF	Reduce -16.1%	0.64%	−0.20
PPBI Pacific Premier Bancorp Inc.	Reduce -30.1%	0.21%	−0.19
JQUA JPMorgan US Quality Factor	Sold out	0.00%	−0.17
IEMG iShares Core MSCI Emerging	Sold out	0.00%	−0.16
TLT iShares 20+ Year Treasury BD	Reduce -42.9%	0.14%	−0.14
MBB iShares MBS ETF	Reduce -15.0%	0.40%	−0.12
AAPL Apple Inc.	Reduce -0.0%	0.49%	−0.11
MCHP Microchip Technology Inc.	Reduce -6.0%	0.42%	−0.07
FFWM First Foundation Inc.	Sold out	0.00%	−0.07
QUAL iShares MSCI USA Quality Fac	Reduce -23.6%	0.21%	−0.06
ROST Ross Stores Inc.	Reduce -7.3%	0.47%	−0.05
EFG iShares MSCI Eafe Growth ETF	Reduce -21.3%	0.17%	−0.05
PFE Pfizer Inc.	Reduce -4.6%	0.22%	−0.04
PPA Invesco Aerospace & Defense	Reduce -15.5%	0.22%	−0.04
PHO Invesco Water Resources ETF	Reduce -14.1%	0.22%	−0.04
COP Conocophillips	Reduce -6.8%	0.51%	−0.03
IYW iShares Ustechnology ETF	Reduce -22.1%	0.13%	−0.03
BANC Banc of California Inc.	Reduce -9.1%	0.52%	−0.03
COST Costco Wholesale Corp.	Reduce -6.2%	0.64%	−0.03
PTF Invesco Dorsey Wright Tech	Reduce -15.5%	0.22%	−0.03
PNQI Invesco Nasdaq Internet ETF	Reduce -13.3%	0.20%	−0.03
PSI Invesco Semiconductors ETF	Reduce -14.5%	0.23%	−0.03
PXJ Invesco Oil & Gas Services E	Reduce -12.5%	0.21%	−0.03
MRVL Marvell Technology Inc.	Reduce -12.3%	0.43%	−0.03
PKB Invesco Building & Construct	Reduce -16.2%	0.25%	−0.02
GOOGL Alphabet Inc. Class A	Reduce -11.3%	0.16%	−0.02
HES Hess Corp.	Reduce -1.4%	0.41%	−0.02
CVX Chevron Corp.	Reduce -2.4%	0.23%	−0.01
MCK McKesson Corp.	Reduce -6.8%	0.55%	−0.01
KLAC KLA Corp.	Reduce -8.5%	0.62%	+0.00
PSX Phillips 66	Reduce -10.3%	0.55%	+0.00

Portfolio Buys Q4 2023 → Q1 2024


GE General Electric Co.-Wi	New	1.38%	+1.38
CRWD CrowdStrike Holdings Inc. Class A	New	1.29%	+1.29
TDG Transdigm Group Inc.	New	1.08%	+1.08
LLY Eli Lilly & Co.	Add +47.4%	1.89%	+0.84
COIN Coinbase Global Inc. Class A	New	0.84%	+0.84
ANET Arista Networks Inc.	Add +77.8%	1.14%	+0.57
SPG Simon Property Group Inc.	New	0.56%	+0.56
FICO Fair Isaac Corp.	New	0.54%	+0.54
APO Apollo Global Management Inc.	New	0.52%	+0.52
DELL Dell Technologies -C	New	0.48%	+0.48
DHI D.R. Horton Inc.	New	0.47%	+0.47
DYNF Ishrs US E F R A ETF-Usd Inc.	New	0.29%	+0.29
AMZN Amazon.com Inc.	Add +37.9%	0.83%	+0.28
AMD Advanced Micro Devices	Add +7.6%	1.57%	+0.27
AZO AutoZone Inc.	Add +13.7%	1.18%	+0.25
USB US Bancorp	New	0.23%	+0.23
IVW iShares S&P 500 Growth ETF	New	0.22%	+0.22
LRCX Lam Research Corp.	Add +24.4%	0.74%	+0.22
CPRT Copart Inc.	Add +28.4%	0.72%	+0.20
ORLY O'reilly Automotive Inc.	Add +10.9%	1.18%	+0.20
INTC Intel Corp.	New	0.19%	+0.19
CMG Chipotle Mexican Grill Inc.	Add +2.6%	1.18%	+0.19
NFLX Netflix Inc.	Add +15.5%	0.78%	+0.19
DASH DoorDash Inc. Class A	Add +6.8%	0.70%	+0.19
UBER Uber Technologies Inc.	Add +3.1%	1.16%	+0.18
IVE iShares S&P 500 Value ETF	New	0.18%	+0.18
GOOG Alphabet Inc. Class C	New	0.18%	+0.18
COF Capital One Financial Corp.	New	0.17%	+0.17
MA Mastercard Inc. Class A	New	0.17%	+0.17
BRK.B Berkshire Hathaway Inc. Class B	New	0.16%	+0.16
BINC iShares Flex I A ETF-Usd Inc.	New	0.16%	+0.16
ODFL Old Dominion Freight Line	Add +35.9%	0.61%	+0.16
LIN Linde PLC	New	0.15%	+0.15
CDNS Cadence Design SYS Inc.	Add +8.7%	1.20%	+0.15
HLT Hilton Worldwide Holdings Inc.	Add +18.0%	0.65%	+0.14
PAYX Paychex Inc.	Add +36.3%	0.59%	+0.13
MAR Marriott International Class A	Add +21.1%	0.66%	+0.13
SMLF iShares US Smallcap Equity F	New	0.13%	+0.13
IT Gartner Inc.	Add +28.6%	0.64%	+0.13
VUG Vanguard Mrngstar GR ETF-Sui	New	0.13%	+0.13
ROP Roper Technologies Inc.	Add +33.4%	0.59%	+0.12
SNPS Synopsys Inc.	Add +9.1%	1.15%	+0.11
CTAS Cintas Corp.	Add +13.7%	0.69%	+0.11
HUBS HubSpot Inc.	Add +20.4%	0.61%	+0.10
HD Home Depot Inc.	Add +7.2%	1.20%	+0.10
JBHT Hunt (jb) Transprt SVCS Inc.	Add +30.6%	0.56%	+0.09
LVS Las Vegas Sands Corp.	Add +23.1%	0.55%	+0.09
REGN Regeneron Pharmaceuticals	Add +7.9%	1.07%	+0.08
BKNG Booking Holdings Inc.	Add +22.5%	0.63%	+0.08
MRK Merck & Co. Inc.	Add +1.0%	0.69%	+0.07

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	132	$341.5M	ARWR, EFSC, INTC, STX, LRCX
Q1 2026	127	$255.5M	ARWR, EFSC, WFC, INTC, GE
Q4 2025	113	$252.1M	ARWR, EFSC, WFC, AMD, GE
Q3 2025	120	$229.8M	EFSC, ARWR, WFC, PLTR, NFLX
Q2 2025	122	$186.6M	EFSC, ARWR, WFC, NFLX, PLTR
Q1 2025	121	$172.1M	EFSC, ARWR, WFC, NFLX, META
Q4 2024	127	$182.0M	EFSC, ARWR, WFC, NFLX, META
Q3 2024	120	$176.2M	EFSC, ARWR, WFC, META, NFLX
Q2 2024	116	$165.6M	EFSC, ARWR, WFC, NVDA, GOVT
Q1 2024	114	$163.2M	EFSC, ARWR, WFC, GOVT, NVDA