Western Financial Corp
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 17, 2025), Western Financial Corp reported 122 stock positions worth $186.6 million. Its top holding was Enterprise Financial Service (EFSC) at 15.8% of the portfolio, followed by Arrowhead Pharmaceuticals (ARWR, 6.9%) and Wells Fargo (WFC, 3.7%). Compared with Q1 2025, it opened 18 new positions, sold out of 17, added to 42 and reduced 58. The biggest buy was a new position in Strategy (MSTR) and the biggest sale Enterprise Financial Service (EFSC, shares −9%).
- Most Recent 13F
- Q2 2026
- Location
- SAN DIEGO, CA
- CIK
- 0001954480
- Portfolio Value
- $186.6M (Q2 2025)
- SEC Filing
- 0001085146-25-003902 ↗ filed Jul 17, 2025
Holdings Value
Holdings 122 stocks · $186.6M
| EFSC Enterprise Financial Service | 15.79% | 534,542 | $29.5M | Reduce -8.6% |
| ARWR Arrowhead Pharmaceuticals Inc. | 6.95% | 820,239 | $13.0M | No change |
| WFC Wells Fargo & Co. | 3.71% | 86,377 | $6.9M | Reduce -10.2% |
| NFLX Netflix Inc. | 3.26% | 4,543 | $6.1M | Reduce -13.6% |
| PLTR Palantir Technologies Inc. Class A | 2.77% | 37,882 | $5.2M | Add +26.6% |
| GE General Electric filed as GE AEROSPACE | 2.55% | 18,482 | $4.8M | Add +26.3% |
| CTAS Cintas Corp. | 1.59% | 13,352 | $3.0M | Reduce -0.5% |
| COST Costco Wholesale Corp. | 1.59% | 3,003 | $3.0M | Reduce -2.3% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 1.54% | 7,116 | $2.9M | New |
| META Meta Platforms Inc. Class A | 1.48% | 3,733 | $2.8M | Reduce -53.3% |
| RCL Royal Caribbean Cruises Ltd. | 1.45% | 8,628 | $2.7M | Add +0.1% |
| GS Goldman Sachs Group Inc. | 1.36% | 3,597 | $2.5M | Add +0.5% |
| DASH DoorDash Inc. Class A | 1.31% | 9,904 | $2.4M | Add +1.8% |
| AXP American Express Co. | 1.30% | 7,576 | $2.4M | Add +1.2% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 1.25% | 25,616 | $2.3M | Add +1.4% |
| TMUS T-Mobile US Inc. | 1.23% | 9,611 | $2.3M | Add +597.0% |
| GOVT iShares US Treasury Bond ETF | 1.22% | 99,298 | $2.3M | Reduce -1.2% |
| WMT Walmart Inc. | 1.21% | 23,069 | $2.3M | Reduce -2.9% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.20% | 4,408 | $2.2M | Add +38.6% |
| MMM 3M Co. | 1.19% | 14,610 | $2.2M | Add +3.3% |
| TDG Transdigm Group Inc. | 1.19% | 1,455 | $2.2M | Reduce -0.6% |
| PM Philip Morris International | 1.16% | 11,909 | $2.2M | New |
| APO Apollo Global Management Inc. | 1.09% | 14,350 | $2.0M | Reduce -0.2% |
| ORLY O'reilly Automotive Inc. | 1.07% | 22,157 | $2.0M | Reduce -1.0% |
| AZO AutoZone Inc. | 1.07% | 538 | $2.0M | Reduce -1.8% |
| FTNT Fortinet Inc. | 1.06% | 18,734 | $2.0M | New |
| TSLA Tesla Inc. | 1.02% | 5,973 | $1.9M | Reduce -9.4% |
| BSX Boston Scientific Corp. | 1.01% | 17,597 | $1.9M | Add +116.4% |
| WELL Welltower Inc. | 0.96% | 11,674 | $1.8M | New |
| NET Cloudflare Inc. Class A | 0.88% | 8,377 | $1.6M | Reduce -1.8% |
| ISRG Intuitive Surgical Inc. | 0.88% | 3,006 | $1.6M | Reduce -0.7% |
| MA Mastercard Inc. Class A | 0.86% | 2,863 | $1.6M | Add +0.8% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.79% | 34,010 | $1.5M | Add +0.5% |
| RBLX Roblox Corp. Class A | 0.78% | 13,915 | $1.5M | Reduce -27.2% |
| SHV iShares 0-1 Year Treasury Bo | 0.76% | 12,776 | $1.4M | Add +0.3% |
| TLT iShares 20+ Year Treasury BD | 0.75% | 15,860 | $1.4M | Add +3.9% |
| HWM Howmet Aerospace Inc. | 0.75% | 7,499 | $1.4M | Reduce -6.5% |
| PWR Quanta Services Inc. | 0.73% | 3,625 | $1.4M | Reduce -12.1% |
| IBKR Interactive Brokers Gro Class A | 0.72% | 24,398 | $1.4M | Add +1.6% |
| HLT Hilton Worldwide Holdings Inc. | 0.70% | 4,870 | $1.3M | Reduce -0.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.67% | 4,243 | $1.3M | New |
| COF Capital One Financial Corp. | 0.66% | 5,791 | $1.2M | Add +153.8% |
| MAR Marriott International Class A | 0.65% | 4,453 | $1.2M | Add +2.3% |
| GEV GE Vernova Inc. | 0.65% | 2,276 | $1.2M | New |
| ARES Ares Management Corp. Class A | 0.64% | 6,897 | $1.2M | Reduce -4.0% |
| GDDY GoDaddy Inc. Class A | 0.62% | 6,382 | $1.1M | Add +2.6% |
| AVGO Broadcom Inc. | 0.61% | 4,128 | $1.1M | Reduce -61.1% |
| TRGP Targa Resources Corp. | 0.57% | 6,158 | $1.1M | Add +2.3% |
| PODD Insulet Corp. | 0.57% | 3,387 | $1.1M | New |
| PAYX Paychex Inc. | 0.56% | 7,156 | $1.0M | Add +0.3% |
| CPRT Copart Inc. | 0.56% | 21,167 | $1.0M | Add +3.2% |
| TPL Texas Pacific Land Corp. | 0.55% | 975 | $1.0M | Add +20.4% |
| EQT Eqt Corp. | 0.54% | 17,195 | $1.0M | New |
| BSCS Invesco Bulletshares 2028 CB | 0.54% | 48,850 | $1.0M | Reduce -1.4% |
| BSCT Invesco Bulletshares 2029 CB | 0.51% | 51,160 | $957K | Reduce -2.3% |
| APH Amphenol Corp. Class A | 0.50% | 9,366 | $925K | Reduce -24.6% |
| PANW Palo Alto Networks Inc. | 0.49% | 4,505 | $922K | Reduce -0.9% |
| ORCL Oracle Corp. | 0.49% | 4,206 | $920K | Reduce -39.8% |
| HD Home Depot Inc. | 0.48% | 2,459 | $902K | Reduce -2.2% |
| MCK McKesson Corp. | 0.47% | 1,203 | $882K | Reduce -6.7% |
| TTWO Take-Two Interactive Softwre | 0.47% | 3,591 | $872K | New |
| BSCQ Invesco Bulletshares 2026 CB | 0.46% | 43,564 | $850K | Add +1.7% |
| BSCP Invesco Bulletshares 2025 CB | 0.45% | 40,876 | $845K | Add +1.5% |
| AAPL Apple Inc. | 0.45% | 4,119 | $845K | Reduce -2.4% |
| KKR KKR & Co. Inc. | 0.45% | 6,350 | $845K | Reduce -0.7% |
| BSCR Invesco Bulletshares 2027 CB | 0.45% | 42,859 | $842K | Add +1.9% |
| VZ Verizon Communications Inc. | 0.42% | 18,264 | $790K | Add +1.4% |
| TT Trane Technologies PLC | 0.41% | 1,754 | $767K | Reduce -20.3% |
| JPM JPMorgan Chase & Co. | 0.41% | 2,642 | $766K | Add +1.5% |
| PH Parker Hannifin Corp. | 0.41% | 1,093 | $764K | Reduce -9.6% |
| NOW ServiceNow Inc. | 0.40% | 730 | $750K | Reduce -4.5% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.40% | 2,623 | $748K | New |
| AXON Axon Enterprise Inc. | 0.40% | 892 | $739K | New |
| PGR Progressive Corp. | 0.39% | 2,732 | $729K | Reduce -5.7% |
| FALN iShares Fallen Angels ETF | 0.38% | 25,983 | $705K | Reduce -0.8% |
| WMB Williams Cos Inc. | 0.38% | 11,203 | $704K | New |
| FLOT iShares Floating Rate Bond E | 0.38% | 13,771 | $703K | Reduce -1.4% |
| BX Blackstone Inc. | 0.37% | 4,670 | $699K | Add +5.2% |
| BANC Banc of California Inc. | 0.37% | 48,785 | $685K | Reduce -11.8% |
| FISV Fiserv Inc. | 0.36% | 3,868 | $667K | Add +13.5% |
| AMZN Amazon.com Inc. | 0.35% | 3,006 | $659K | Add +2.8% |
| SCHZ Schwab US Aggregate Bond ETF | 0.34% | 27,270 | $634K | Reduce -19.4% |
| TEAM Atlassian Corp. Class A | 0.33% | 3,021 | $614K | Reduce -52.9% |
| ARCC Ares Capital Corp. | 0.32% | 27,548 | $605K | Add +2.2% |
| APP AppLovin Corp. Class A | 0.32% | 1,706 | $597K | Reduce -79.0% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.29% | 11,797 | $545K | Reduce -25.1% |
| GILD Gilead Sciences Inc. | 0.28% | 4,655 | $516K | Reduce -53.0% |
| V Visa Inc. Class A | 0.27% | 1,444 | $513K | Add +1.8% |
| T AT&T Inc. | 0.26% | 16,511 | $478K | New |
| XTEN Bondbloxx BBG 10Y US TSY ETF | 0.26% | 10,335 | $477K | Add +67.1% |
| BKNG Booking Holdings Inc. | 0.25% | 81 | $470K | No change |
| GOOG Alphabet Inc. Class C | 0.23% | 2,427 | $430K | Add +4.9% |
| MBB iShares MBS ETF | 0.22% | 4,390 | $412K | Reduce -0.6% |
| LIN Linde PLC | 0.22% | 877 | $411K | Add +4.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.22% | 835 | $406K | Add +4.0% |
| SPG Simon Property Group Inc. | 0.22% | 2,523 | $406K | Reduce -78.3% |
| PPA Invesco Aerospace & Defense | 0.20% | 2,625 | $372K | Reduce -23.3% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.19% | 4,881 | $355K | Reduce -53.2% |
| CVX Chevron Corp. | 0.19% | 2,458 | $352K | Add +0.4% |
| PNQI Invesco Nasdaq Internet ETF | 0.18% | 6,589 | $344K | Reduce -21.1% |
Portfolio Sells Q1 2025 → Q2 2025
| EFSC Enterprise Financial Service | Reduce -8.6% | 15.79% | −2.46 |
| META Meta Platforms Inc. Class A | Reduce -53.3% | 1.48% | −1.20 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −1.01 |
| APP AppLovin Corp. Class A | Reduce -79.0% | 0.32% | −0.93 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −0.93 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.92 |
| SPG Simon Property Group Inc. | Reduce -78.3% | 0.22% | −0.90 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −0.86 |
| FICO Fair Isaac Corp. | Sold out | 0.00% | −0.70 |
| IT Gartner Inc. | Sold out | 0.00% | −0.55 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.54 |
| LLY Eli Lilly & Co. | Reduce -77.5% | 0.13% | −0.53 |
| TEAM Atlassian Corp. Class A | Reduce -52.9% | 0.33% | −0.46 |
| AVGO Broadcom Inc. | Reduce -61.1% | 0.61% | −0.42 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.41 |
| ETN Eaton Corp. PLC | Sold out | 0.00% | −0.40 |
| GILD Gilead Sciences Inc. | Reduce -53.0% | 0.28% | −0.37 |
| WFC Wells Fargo & Co. | Reduce -10.2% | 3.71% | −0.30 |
| USB US Bancorp | Sold out | 0.00% | −0.27 |
| PTF Invesco Dorsey Wright Tech | Sold out | 0.00% | −0.21 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -53.2% | 0.19% | −0.21 |
| ORLY O'reilly Automotive Inc. | Reduce -1.0% | 1.07% | −0.17 |
| AZO AutoZone Inc. | Reduce -1.8% | 1.07% | −0.14 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Reduce -25.1% | 0.29% | −0.13 |
| SMLF iShares US Smallcap Equity F | Sold out | 0.00% | −0.13 |
| PPBI Pacific Premier Bancorp Inc. | Sold out | 0.00% | −0.13 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Sold out | 0.00% | −0.12 |
| PRFZ Inv Rafi US 1500 SM-Usd Inc. | Sold out | 0.00% | −0.12 |
| FNDA Schwab Fndmntl US SM Co. ETF | Sold out | 0.00% | −0.12 |
| GOVT iShares US Treasury Bond ETF | Reduce -1.2% | 1.22% | −0.12 |
| IJR iShares Core S&P Small-Cap E | Sold out | 0.00% | −0.12 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -19.4% | 0.34% | −0.12 |
| COST Costco Wholesale Corp. | Reduce -2.3% | 1.59% | −0.09 |
| AAPL Apple Inc. | Reduce -2.4% | 0.45% | −0.09 |
| BANC Banc of California Inc. | Reduce -11.8% | 0.37% | −0.09 |
| PGR Progressive Corp. | Reduce -5.7% | 0.39% | −0.09 |
| ORCL Oracle Corp. | Reduce -39.8% | 0.49% | −0.07 |
| APO Apollo Global Management Inc. | Reduce -0.2% | 1.09% | −0.05 |
| HD Home Depot Inc. | Reduce -2.2% | 0.48% | −0.05 |
| BSCT Invesco Bulletshares 2029 CB | Reduce -2.3% | 0.51% | −0.05 |
| BSCS Invesco Bulletshares 2028 CB | Reduce -1.4% | 0.54% | −0.05 |
| PHO Invesco Water Resources ETF | Reduce -19.3% | 0.17% | −0.04 |
| FLOT iShares Floating Rate Bond E | Reduce -1.4% | 0.38% | −0.04 |
| PPA Invesco Aerospace & Defense | Reduce -23.3% | 0.20% | −0.03 |
| MCK McKesson Corp. | Reduce -6.7% | 0.47% | −0.03 |
| PNQI Invesco Nasdaq Internet ETF | Reduce -21.1% | 0.18% | −0.03 |
| PRN Invesco Dorsey Wright Indus | Reduce -19.2% | 0.17% | −0.03 |
| FALN iShares Fallen Angels ETF | Reduce -0.8% | 0.38% | −0.03 |
| PEJ Invesco Leisure & Entertainm | Reduce -17.1% | 0.18% | −0.02 |
| MBB iShares MBS ETF | Reduce -0.6% | 0.22% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| MSTR Strategy Inc. | New | 1.54% | +1.54 |
| PLTR Palantir Technologies Inc. Class A | Add +26.6% | 2.77% | +1.30 |
| PM Philip Morris International | New | 1.16% | +1.16 |
| FTNT Fortinet Inc. | New | 1.06% | +1.06 |
| TMUS T-Mobile US Inc. | Add +597.0% | 1.23% | +1.01 |
| WELL Welltower Inc. | New | 0.96% | +0.96 |
| GE General Electric | Add +26.3% | 2.55% | +0.85 |
| IBM Intl Business Machines Corp. | New | 0.67% | +0.67 |
| GEV GE Vernova Inc. | New | 0.65% | +0.65 |
| PODD Insulet Corp. | New | 0.57% | +0.57 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +38.6% | 1.20% | +0.55 |
| EQT Eqt Corp. | New | 0.54% | +0.54 |
| BSX Boston Scientific Corp. | Add +116.4% | 1.01% | +0.54 |
| TTWO Take-Two Interactive Softwre | New | 0.47% | +0.47 |
| COF Capital One Financial Corp. | Add +153.8% | 0.66% | +0.42 |
| RCL Royal Caribbean Cruises Ltd. | Add +0.1% | 1.45% | +0.42 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | New | 0.40% | +0.40 |
| AXON Axon Enterprise Inc. | New | 0.40% | +0.40 |
| WMB Williams Cos Inc. | New | 0.38% | +0.38 |
| DASH DoorDash Inc. Class A | Add +1.8% | 1.31% | +0.28 |
| T AT&T Inc. | New | 0.26% | +0.26 |
| GS Goldman Sachs Group Inc. | Add +0.5% | 1.36% | +0.23 |
| KBWP Invesco KBW Property & Casua | New | 0.16% | +0.16 |
| IBKR Interactive Brokers Gro Class A | Add +1.6% | 0.72% | +0.15 |
| AXP American Express Co. | Add +1.2% | 1.30% | +0.12 |
| IAGG iShares Intl Aggregate Bond | New | 0.12% | +0.12 |
| IEMG iShares Core MSCI Emerging | New | 0.11% | +0.11 |
| XTEN Bondbloxx BBG 10Y US TSY ETF | Add +67.1% | 0.26% | +0.09 |
| EFV iShares MSCI Eafe Value ETF | Add +41.1% | 0.17% | +0.05 |
| MAR Marriott International Class A | Add +2.3% | 0.65% | +0.05 |
| SAN Banco Santander SA-Spon ADR | New | 0.04% | +0.04 |
| MFG Mizuho Financial Group-ADR | New | 0.04% | +0.04 |
| JPM JPMorgan Chase & Co. | Add +1.5% | 0.41% | +0.04 |
| AMZN Amazon.com Inc. | Add +2.8% | 0.35% | +0.03 |
| GOOG Alphabet Inc. Class C | Add +4.9% | 0.23% | +0.02 |
| BNY Bank of New York Mellon Corp. | Add +1.4% | 1.25% | +0.02 |
| BX Blackstone Inc. | Add +5.2% | 0.37% | +0.01 |
| BDJ BlackRock Enhanced Eqty DVD | Add +12.2% | 0.11% | +0.01 |
| QUAL iShares MSCI USA Quality Fac | Add +1.9% | 0.18% | +0.00 |
| LIN Linde PLC | Add +4.4% | 0.22% | −0.01 |
| V Visa Inc. Class A | Add +1.8% | 0.27% | −0.01 |
| MMM 3M Co. | Add +3.3% | 1.19% | −0.01 |
| PFE Pfizer Inc. | Add +1.1% | 0.17% | −0.02 |
| ARCC Ares Capital Corp. | Add +2.2% | 0.32% | −0.02 |
| BSCR Invesco Bulletshares 2027 CB | Add +1.9% | 0.45% | −0.03 |
| BSCQ Invesco Bulletshares 2026 CB | Add +1.7% | 0.46% | −0.03 |
| BSCP Invesco Bulletshares 2025 CB | Add +1.5% | 0.45% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +4.0% | 0.22% | −0.03 |
| GDDY GoDaddy Inc. Class A | Add +2.6% | 0.62% | −0.04 |
| MA Mastercard Inc. Class A | Add +0.8% | 0.86% | −0.04 |
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 |