Western Financial Corp

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

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 21, 2024), Western Financial Corp reported 120 stock positions worth $176.2 million. Its top holding was Enterprise Financial Service (EFSC) at 17.9% of the portfolio, followed by Arrowhead Pharmaceuticals (ARWR, 9.0%) and Wells Fargo (WFC, 3.0%). Compared with Q2 2024, it opened 16 new positions, sold out of 12, added to 51 and reduced 50. The biggest buy was a new position in Tesla (TSLA) and the biggest sale an exit from Advanced Micro Devices (AMD).

Most Recent 13F: Q2 2026
Location: SAN DIEGO, CA
CIK: 0001954480
Portfolio Value: $176.2M (Q3 2024)
SEC Filing: 0001085146-24-005036 ↗ filed Oct 21, 2024

Holdings Value

Holdings 120 stocks · $176.2M


EFSC Enterprise Financial Service	17.88%	614,680	$31.5M	Reduce -5.6%
ARWR Arrowhead Pharmaceuticals Inc.	9.02%	820,239	$15.9M	No change
WFC Wells Fargo & Co.	3.05%	95,035	$5.4M	Add +0.1%
META Meta Platforms Inc. Class A	2.48%	7,627	$4.4M	Add +18.7%
NFLX Netflix Inc.	2.34%	5,821	$4.1M	Add +27.2%
LLY Eli Lilly & Co.	1.97%	3,909	$3.5M	Add +0.9%
NVDA Nvidia Corp.	1.69%	24,544	$3.0M	Reduce -22.0%
GE General Electric filed as GE AEROSPACE	1.55%	14,527	$2.7M	Add +13.0%
KLAC KLA Corp.	1.40%	3,192	$2.5M	Add +22.1%
CTAS Cintas Corp.	1.38%	11,797	$2.4M	Add +82.0%
GOVT iShares US Treasury Bond ETF	1.34%	100,653	$2.4M	Reduce -37.5%
ANET Arista Networks Inc.	1.29%	5,925	$2.3M	Reduce -4.2%
TSLA Tesla Inc.	1.29%	8,673	$2.3M	New
HD Home Depot Inc.	1.25%	5,424	$2.2M	Reduce -0.9%
TDG Transdigm Group Inc.	1.21%	1,492	$2.1M	Add +2.8%
COST Costco Wholesale Corp.	1.17%	2,329	$2.1M	Add +63.4%
APO Apollo Global Management Inc.	1.16%	16,344	$2.0M	Add +4.1%
ORLY O'reilly Automotive Inc.	1.12%	1,717	$2.0M	Reduce -0.8%
AVGO Broadcom Inc.	1.10%	11,237	$1.9M	Add +18.0%
UBER Uber Technologies Inc.	1.08%	25,408	$1.9M	Add +2.2%
CMG Chipotle Mexican Grill Inc.	1.07%	32,825	$1.9M	Add +3.8%
AZO AutoZone Inc.	1.05%	587	$1.8M	Reduce -7.7%
REGN Regeneron Pharmaceuticals	1.02%	1,703	$1.8M	Reduce -6.4%
SNPS Synopsys Inc.	0.99%	3,458	$1.8M	Add +3.0%
ADBE Adobe Inc.	0.97%	3,309	$1.7M	No change
CDNS Cadence Design SYS Inc.	0.96%	6,236	$1.7M	Reduce -2.6%
AXP American Express Co.	0.91%	5,944	$1.6M	Add +28.6%
TLT iShares 20+ Year Treasury BD	0.89%	15,955	$1.6M	Add +586.2%
SPG Simon Property Group Inc.	0.89%	9,245	$1.6M	Add +27.3%
SHYG iShares 0-5 YR HY Corp. Bond	0.82%	33,383	$1.4M	Add +2.2%
SHV iShares 0-1 Year Treasury Bo	0.79%	12,652	$1.4M	Add +2.2%
MMM 3M Co.	0.79%	10,122	$1.4M	New
GS Goldman Sachs Group Inc.	0.76%	2,712	$1.3M	New
PLTR Palantir Technologies Inc. Class A	0.73%	34,642	$1.3M	Reduce -13.9%
RCL Royal Caribbean Cruises Ltd.	0.73%	7,236	$1.3M	Reduce -5.0%
FICO Fair Isaac Corp.	0.72%	657	$1.3M	Reduce -8.4%
SPYM Ste STR SPDR PT S&P 500 ETF	0.72%	18,837	$1.3M	Reduce -14.4%
ISRG Intuitive Surgical Inc.	0.72%	2,567	$1.3M	New
IUSB Ishr CR Unvrse Usd BD ETF-Ui	0.70%	26,206	$1.2M	Add +18.1%
FSLR First Solar Inc.	0.69%	4,847	$1.2M	New
DASH DoorDash Inc. Class A	0.67%	8,316	$1.2M	Reduce -4.0%
CRWD CrowdStrike Holdings Inc. Class A	0.65%	4,103	$1.2M	Reduce -29.9%
PWR Quanta Services Inc.	0.65%	3,845	$1.1M	New
HLT Hilton Worldwide Holdings Inc.	0.65%	4,948	$1.1M	Reduce -0.1%
IT Gartner Inc.	0.64%	2,236	$1.1M	Reduce -0.8%
MAR Marriott International Class A	0.62%	4,371	$1.1M	Add +0.3%
MPWR Monolithic Power Systems Inc.	0.61%	1,165	$1.1M	New
CPRT Copart Inc.	0.61%	20,417	$1.1M	Reduce -0.6%
PAYX Paychex Inc.	0.60%	7,919	$1.1M	Reduce -0.0%
SCHZ Schwab US Aggregate Bond ETF	0.60%	22,318	$1.1M	Add +2.1%
AAPL Apple Inc.	0.57%	4,330	$1.0M	Reduce -7.7%
QCOM Qualcomm Inc.	0.57%	5,914	$1.0M	Add +299.3%
NET Cloudflare Inc. Class A	0.56%	12,140	$982K	No change
GDDY GoDaddy Inc. Class A	0.55%	6,234	$977K	New
ROP Roper Technologies Inc.	0.55%	1,753	$975K	Add +1.5%
BSCS Invesco Bulletshares 2028 CB	0.55%	47,257	$972K	Add +0.9%
BSCT Invesco Bulletshares 2029 CB	0.54%	50,201	$944K	Add +1.0%
LRCX Lam Research Corp.	0.53%	1,139	$930K	Reduce -7.7%
TT Trane Technologies PLC	0.52%	2,352	$914K	New
ETN Eaton Corp. PLC	0.52%	2,758	$914K	Add +3.0%
PANW Palo Alto Networks Inc.	0.49%	2,549	$871K	Reduce -5.7%
DHI D.R. Horton Inc.	0.49%	4,523	$863K	Reduce -10.7%
PH Parker Hannifin Corp.	0.48%	1,328	$839K	New
MPC Marathon Petroleum Corp.	0.47%	5,065	$825K	Add +0.2%
ROST Ross Stores Inc.	0.47%	5,468	$823K	Reduce -0.1%
BANC Banc of California Inc.	0.46%	55,184	$813K	Reduce -2.0%
CI The Cigna Group	0.45%	2,310	$800K	Add +7.6%
VZ Verizon Communications Inc.	0.45%	17,491	$786K	Add +1.4%
APH Amphenol Corp. Class A	0.44%	12,000	$782K	New
MRK Merck & Co. Inc.	0.44%	6,850	$778K	Reduce -20.3%
PSX Phillips 66	0.44%	5,882	$773K	Add +1.6%
MCK McKesson Corp.	0.43%	1,529	$756K	Reduce -4.9%
BSCP Invesco Bulletshares 2025 CB	0.41%	35,316	$729K	Add +12.4%
BSCQ Invesco Bulletshares 2026 CB	0.41%	36,814	$720K	Add +9.6%
BSCR Invesco Bulletshares 2027 CB	0.41%	36,315	$716K	Add +8.3%
FALN iShares Fallen Angels ETF	0.40%	25,771	$705K	Add +1.5%
PGR Progressive Corp.	0.39%	2,737	$695K	New
FLOT iShares Floating Rate Bond E	0.39%	13,592	$694K	Add +1.9%
MBB iShares MBS ETF	0.37%	6,886	$660K	Add +0.1%
AMZN Amazon.com Inc.	0.35%	3,327	$620K	Reduce -54.5%
IVW iShares S&P 500 Growth ETF	0.32%	5,870	$562K	Reduce -7.2%
ARCC Ares Capital Corp.	0.31%	25,823	$541K	Add +2.3%
MSFT Microsoft Corp.	0.30%	1,212	$521K	Reduce -13.4%
DYNF Ishrs US E F R A ETF-Usd Inc.	0.27%	9,574	$474K	Reduce -3.4%
BKNG Booking Holdings Inc.	0.26%	108	$456K	Reduce -61.8%
EFV iShares MSCI Eafe Value ETF	0.25%	7,530	$433K	New
BINC iShares Flex I A ETF-Usd Inc.	0.24%	8,012	$429K	Add +67.4%
JPM JPMorgan Chase & Co.	0.24%	1,989	$419K	Add +0.4%
EFG iShares MSCI Eafe Growth ETF	0.23%	3,840	$413K	Reduce -6.5%
VRTX Vertex Pharmaceuticals Inc.	0.23%	879	$409K	New
PKB Invesco Building & Construct	0.23%	5,109	$407K	Reduce -4.8%
PPA Invesco Aerospace & Defense	0.23%	3,524	$405K	Reduce -2.9%
PTF Invesco Dorsey Wright Tech	0.23%	6,277	$398K	Reduce -0.4%
CAT Caterpillar Inc.	0.22%	1,010	$395K	Add +1.9%
PFE Pfizer Inc.	0.22%	13,628	$394K	Add +0.8%
USB US Bancorp	0.22%	8,602	$393K	Add +1.6%
PSI Invesco Semiconductors ETF	0.22%	6,597	$379K	Add +3.7%
PHO Invesco Water Resources ETF	0.22%	5,374	$379K	Reduce -2.9%
PNQI Invesco Nasdaq Internet ETF	0.21%	8,616	$374K	Reduce -0.5%
PG The Procter & Gamble Co.	0.21%	2,156	$373K	Reduce -2.0%
PRN Invesco Dorsey Wright Indus	0.21%	2,384	$365K	New
PPBI Pacific Premier Bancorp Inc.	0.20%	14,322	$360K	Add +0.1%
CVX Chevron Corp.	0.20%	2,430	$358K	Add +0.4%
QUAL iShares MSCI USA Quality Fac	0.18%	1,817	$326K	Reduce -2.5%
GOOG Alphabet Inc. Class C	0.17%	1,806	$302K	Add +2.5%
V Visa Inc. Class A	0.16%	1,052	$289K	Add +1.0%
MA Mastercard Inc. Class A	0.16%	574	$284K	Add +0.2%
IVE iShares S&P 500 Value ETF	0.16%	1,436	$283K	Reduce -2.0%
BRK.B Berkshire Hathaway Inc. Class B	0.15%	579	$266K	Reduce -6.2%
COF Capital One Financial Corp.	0.15%	1,778	$266K	Reduce -0.1%
LIN Linde PLC	0.15%	538	$257K	Reduce -0.6%
PRFZ Inv Rafi US 1500 SM-Usd Inc.	0.13%	5,605	$233K	Reduce -0.4%
SMLF iShares US Smallcap Equity F	0.13%	3,489	$231K	Reduce -0.7%
VBK Van Morst SML-Cap Gro-Usd Inc.	0.13%	862	$230K	Reduce -0.7%
FNDA Schwab Fndmntl US SM Co. ETF	0.13%	3,860	$230K	Reduce -0.3%
IJR iShares Core S&P Small-Cap E	0.13%	1,952	$228K	Reduce -0.7%
GOOGL Alphabet Inc. Class A	0.13%	1,338	$222K	Reduce -22.6%
EMXC iShares MSCI Emr MRK Ex Chna	0.12%	3,526	$215K	New
GIGB Goldman Sachs Inv GRD Corp.	0.12%	4,516	$214K	Add +1.3%
PGF Invesco Financial Preferred	0.11%	12,757	$200K	Add +10.3%

Portfolio Sells Q2 2024 → Q3 2024


AMD Advanced Micro Devices	Sold out	0.00%	−1.22
GOVT iShares US Treasury Bond ETF	Reduce -37.5%	1.34%	−0.85
CRWD CrowdStrike Holdings Inc. Class A	Reduce -29.9%	0.65%	−0.70
COIN Coinbase Global Inc. Class A	Sold out	0.00%	−0.68
NVDA Nvidia Corp.	Reduce -22.0%	1.69%	−0.66
ODFL Old Dominion Freight Line	Sold out	0.00%	−0.63
HUBS HubSpot Inc.	Sold out	0.00%	−0.62
DELL Dell Technologies -C	Sold out	0.00%	−0.51
AMZN Amazon.com Inc.	Reduce -54.5%	0.35%	−0.50
COP Conocophillips	Sold out	0.00%	−0.48
MCHP Microchip Technology Inc.	Sold out	0.00%	−0.45
MRVL Marvell Technology Inc.	Sold out	0.00%	−0.43
HES Hess Corp.	Sold out	0.00%	−0.42
BKNG Booking Holdings Inc.	Reduce -61.8%	0.26%	−0.42
LRCX Lam Research Corp.	Reduce -7.7%	0.53%	−0.27
CDNS Cadence Design SYS Inc.	Reduce -2.6%	0.96%	−0.23
PXJ Invesco Oil & Gas Services E	Sold out	0.00%	−0.21
MRK Merck & Co. Inc.	Reduce -20.3%	0.44%	−0.20
REGN Regeneron Pharmaceuticals	Reduce -6.4%	1.02%	−0.14
MCK McKesson Corp.	Reduce -4.9%	0.43%	−0.14
VUG Vanguard Mrngstar GR ETF-Sui	Sold out	0.00%	−0.13
SPYM Ste STR SPDR PT S&P 500 ETF	Reduce -14.4%	0.72%	−0.13
IYW iShares Ustechnology ETF	Sold out	0.00%	−0.13
AZO AutoZone Inc.	Reduce -7.7%	1.05%	−0.09
MSFT Microsoft Corp.	Reduce -13.4%	0.30%	−0.08
CPRT Copart Inc.	Reduce -0.6%	0.61%	−0.06
GOOGL Alphabet Inc. Class A	Reduce -22.6%	0.13%	−0.06
PANW Palo Alto Networks Inc.	Reduce -5.7%	0.49%	−0.06
IVW iShares S&P 500 Growth ETF	Reduce -7.2%	0.32%	−0.03
AAPL Apple Inc.	Reduce -7.7%	0.57%	−0.02
EFG iShares MSCI Eafe Growth ETF	Reduce -6.5%	0.23%	−0.02
ANET Arista Networks Inc.	Reduce -4.2%	1.29%	−0.02
ROST Ross Stores Inc.	Reduce -0.1%	0.47%	−0.01
DYNF Ishrs US E F R A ETF-Usd Inc.	Reduce -3.4%	0.27%	−0.01
PTF Invesco Dorsey Wright Tech	Reduce -0.4%	0.23%	−0.01
QUAL iShares MSCI USA Quality Fac	Reduce -2.5%	0.18%	−0.01
PG The Procter & Gamble Co.	Reduce -2.0%	0.21%	−0.01
HLT Hilton Worldwide Holdings Inc.	Reduce -0.1%	0.65%	−0.01
RCL Royal Caribbean Cruises Ltd.	Reduce -5.0%	0.73%	−0.01
PNQI Invesco Nasdaq Internet ETF	Reduce -0.5%	0.21%	−0.00
PHO Invesco Water Resources ETF	Reduce -2.9%	0.22%	−0.00
BRK.B Berkshire Hathaway Inc. Class B	Reduce -6.2%	0.15%	−0.00
IVE iShares S&P 500 Value ETF	Reduce -2.0%	0.16%	−0.00
VBK Van Morst SML-Cap Gro-Usd Inc.	Reduce -0.7%	0.13%	−0.00
SMLF iShares US Smallcap Equity F	Reduce -0.7%	0.13%	+0.00
FNDA Schwab Fndmntl US SM Co. ETF	Reduce -0.3%	0.13%	+0.00
COF Capital One Financial Corp.	Reduce -0.1%	0.15%	+0.00
LIN Linde PLC	Reduce -0.6%	0.15%	+0.00
PRFZ Inv Rafi US 1500 SM-Usd Inc.	Reduce -0.4%	0.13%	+0.00
IJR iShares Core S&P Small-Cap E	Reduce -0.7%	0.13%	+0.00

Portfolio Buys Q2 2024 → Q3 2024


TSLA Tesla Inc.	New	1.29%	+1.29
MMM 3M Co.	New	0.79%	+0.79
GS Goldman Sachs Group Inc.	New	0.76%	+0.76
TLT iShares 20+ Year Treasury BD	Add +586.2%	0.89%	+0.76
ISRG Intuitive Surgical Inc.	New	0.72%	+0.72
CTAS Cintas Corp.	Add +82.0%	1.38%	+0.69
FSLR First Solar Inc.	New	0.69%	+0.69
PWR Quanta Services Inc.	New	0.65%	+0.65
MPWR Monolithic Power Systems Inc.	New	0.61%	+0.61
GDDY GoDaddy Inc. Class A	New	0.55%	+0.55
META Meta Platforms Inc. Class A	Add +18.7%	2.48%	+0.52
TT Trane Technologies PLC	New	0.52%	+0.52
NFLX Netflix Inc.	Add +27.2%	2.34%	+0.48
PH Parker Hannifin Corp.	New	0.48%	+0.48
APH Amphenol Corp. Class A	New	0.44%	+0.44
COST Costco Wholesale Corp.	Add +63.4%	1.17%	+0.44
PGR Progressive Corp.	New	0.39%	+0.39
QCOM Qualcomm Inc.	Add +299.3%	0.57%	+0.39
GE General Electric	Add +13.0%	1.55%	+0.32
AXP American Express Co.	Add +28.6%	0.91%	+0.27
EFV iShares MSCI Eafe Value ETF	New	0.25%	+0.25
VRTX Vertex Pharmaceuticals Inc.	New	0.23%	+0.23
SPG Simon Property Group Inc.	Add +27.3%	0.89%	+0.22
PRN Invesco Dorsey Wright Indus	New	0.21%	+0.21
AVGO Broadcom Inc.	Add +18.0%	1.10%	+0.18
EMXC iShares MSCI Emr MRK Ex Chna	New	0.12%	+0.12
KLAC KLA Corp.	Add +22.1%	1.40%	+0.10
IUSB Ishr CR Unvrse Usd BD ETF-Ui	Add +18.1%	0.70%	+0.09
BINC iShares Flex I A ETF-Usd Inc.	Add +67.4%	0.24%	+0.09
TDG Transdigm Group Inc.	Add +2.8%	1.21%	+0.09
APO Apollo Global Management Inc.	Add +4.1%	1.16%	+0.04
BSCP Invesco Bulletshares 2025 CB	Add +12.4%	0.41%	+0.03
CI The Cigna Group	Add +7.6%	0.45%	+0.03
CAT Caterpillar Inc.	Add +1.9%	0.22%	+0.02
USB US Bancorp	Add +1.6%	0.22%	+0.02
BSCQ Invesco Bulletshares 2026 CB	Add +9.6%	0.41%	+0.02
BSCR Invesco Bulletshares 2027 CB	Add +8.3%	0.41%	+0.02
VZ Verizon Communications Inc.	Add +1.4%	0.45%	+0.02
ETN Eaton Corp. PLC	Add +3.0%	0.52%	+0.01
PGF Invesco Financial Preferred	Add +10.3%	0.11%	+0.01
MA Mastercard Inc. Class A	Add +0.2%	0.16%	+0.01
PPBI Pacific Premier Bancorp Inc.	Add +0.1%	0.20%	+0.01
SCHZ Schwab US Aggregate Bond ETF	Add +2.1%	0.60%	−0.00
GIGB Goldman Sachs Inv GRD Corp.	Add +1.3%	0.12%	−0.00
V Visa Inc. Class A	Add +1.0%	0.16%	−0.00
FALN iShares Fallen Angels ETF	Add +1.5%	0.40%	−0.00
JPM JPMorgan Chase & Co.	Add +0.4%	0.24%	−0.00
PFE Pfizer Inc.	Add +0.8%	0.22%	−0.00
MBB iShares MBS ETF	Add +0.1%	0.37%	−0.01
UBER Uber Technologies Inc.	Add +2.2%	1.08%	−0.01

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