Western Financial Corp
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 21, 2026), Western Financial Corp reported 113 stock positions worth $252.1 million. Its top holding was Arrowhead Pharmaceuticals (ARWR) at 21.6% of the portfolio, followed by Enterprise Financial Service (EFSC, 12.4%) and Wells Fargo (WFC, 3.6%). Compared with Q3 2025, it opened 9 new positions, sold out of 16, added to 41 and reduced 61. The biggest buy was a new position in Intel (INTC) and the biggest sale Enterprise Financial Service (EFSC, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- SAN DIEGO, CA
- CIK
- 0001954480
- Portfolio Value
- $252.1M (Q4 2025)
- SEC Filing
- 0001954480-26-000001 ↗ filed Jan 21, 2026
Holdings Value
Holdings 113 stocks · $252.1M
| ARWR Arrowhead Pharmaceuticals Inc. | 21.60% | 820,239 | $54.5M | No change |
| EFSC Enterprise Financial Service | 12.37% | 577,378 | $31.2M | Reduce -0.9% |
| WFC Wells Fargo & Co. | 3.57% | 96,456 | $9.0M | Reduce -0.3% |
| AMD Advanced Micro Devices | 2.64% | 31,103 | $6.7M | Add +23.6% |
| GE General Electric filed as GE AEROSPACE | 2.44% | 20,012 | $6.2M | Reduce -0.1% |
| PLTR Palantir Technologies Inc. Class A | 2.28% | 32,335 | $5.7M | Reduce -24.3% |
| INTC Intel Corp. | 2.24% | 153,010 | $5.6M | New |
| APP AppLovin Corp. Class A | 1.62% | 6,057 | $4.1M | Add +15.2% |
| GS Goldman Sachs Group Inc. | 1.51% | 4,341 | $3.8M | Reduce -2.7% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 1.47% | 31,973 | $3.7M | Add +0.1% |
| AXP American Express Co. | 1.45% | 9,867 | $3.7M | Reduce -1.6% |
| WMT Walmart Inc. | 1.44% | 32,619 | $3.6M | Add +1.3% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.44% | 7,725 | $3.6M | Reduce -0.2% |
| MMM 3M Co. | 1.34% | 21,152 | $3.4M | Add +1.4% |
| LLY Eli Lilly & Co. | 1.34% | 3,146 | $3.4M | New |
| MU Micron Technology Inc. | 1.29% | 11,418 | $3.3M | New |
| GOOGL Alphabet Inc. Class A | 1.08% | 8,698 | $2.7M | Add +549.1% |
| TSLA Tesla Inc. | 1.06% | 5,916 | $2.7M | Add +1.6% |
| WBD Warner Bros Discovery Inc. | 1.03% | 90,248 | $2.6M | New |
| GEV GE Vernova Inc. | 0.94% | 3,630 | $2.4M | Reduce -1.9% |
| NFLX Netflix Inc. | 0.93% | 25,017 | $2.3M | Reduce -56.6% |
| NVDA Nvidia Corp. | 0.92% | 12,450 | $2.3M | Add +26.4% |
| GOVT iShares US Treasury Bond ETF | 0.90% | 98,072 | $2.3M | Reduce -1.2% |
| AVGO Broadcom Inc. | 0.89% | 6,481 | $2.2M | Add +90.5% |
| META Meta Platforms Inc. Class A | 0.82% | 3,135 | $2.1M | Reduce -16.4% |
| ORLY O'reilly Automotive Inc. | 0.80% | 22,103 | $2.0M | Reduce -0.5% |
| RCL Royal Caribbean Cruises Ltd. | 0.79% | 7,142 | $2.0M | Add +10.6% |
| WELL Welltower Inc. | 0.79% | 10,696 | $2.0M | Reduce -9.9% |
| SHOP Shopify Inc. Class A | 0.77% | 12,119 | $2.0M | Add +1.6% |
| DASH DoorDash Inc. Class A | 0.77% | 8,593 | $1.9M | Reduce -3.8% |
| TDG Transdigm Group Inc. | 0.76% | 1,436 | $1.9M | Reduce -4.3% |
| CTAS Cintas Corp. | 0.76% | 10,145 | $1.9M | Reduce -40.6% |
| BSX Boston Scientific Corp. | 0.74% | 19,695 | $1.9M | Add +2.7% |
| TTWO Take-Two Interactive Softwre | 0.74% | 7,329 | $1.9M | Add +2.3% |
| AZO AutoZone Inc. | 0.73% | 545 | $1.8M | Add +0.9% |
| APH Amphenol Corp. Class A | 0.73% | 13,583 | $1.8M | Add +59.3% |
| MA Mastercard Inc. Class A | 0.67% | 2,943 | $1.7M | Add +1.1% |
| TMUS T-Mobile US Inc. | 0.66% | 8,241 | $1.7M | Reduce -17.2% |
| STX Seagate Technology Holdings | 0.60% | 5,528 | $1.5M | Reduce -22.9% |
| HWM Howmet Aerospace Inc. | 0.60% | 7,380 | $1.5M | Reduce -1.4% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.56% | 33,202 | $1.4M | Reduce -0.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.56% | 4,745 | $1.4M | Reduce -7.2% |
| HLT Hilton Worldwide Holdings Inc. | 0.55% | 4,835 | $1.4M | Reduce -1.0% |
| MAR Marriott International Class A | 0.55% | 4,432 | $1.4M | Reduce -1.2% |
| IBKR Interactive Brokers Gro Class A | 0.54% | 21,185 | $1.4M | Reduce -0.9% |
| TLT iShares 20+ Year Treasury BD | 0.54% | 15,533 | $1.4M | Reduce -0.7% |
| SHV iShares 0-1 Year Treasury Bo | 0.53% | 12,226 | $1.3M | Reduce -0.5% |
| COF Capital One Financial Corp. | 0.53% | 5,545 | $1.3M | Reduce -1.5% |
| NET Cloudflare Inc. Class A | 0.53% | 6,760 | $1.3M | Reduce -0.5% |
| PWR Quanta Services Inc. | 0.51% | 3,060 | $1.3M | Reduce -10.9% |
| LRCX Lam Research Corp. | 0.50% | 7,308 | $1.3M | New |
| ARES Ares Management Corp. Class A | 0.44% | 6,829 | $1.1M | Reduce -1.2% |
| AAPL Apple Inc. | 0.44% | 4,049 | $1.1M | Reduce -0.5% |
| EQT Eqt Corp. | 0.43% | 20,459 | $1.1M | Reduce -1.0% |
| ALNY Alnylam Pharmaceuticals Inc. | 0.43% | 2,731 | $1.1M | Add +0.3% |
| PODD Insulet Corp. | 0.42% | 3,683 | $1.0M | Reduce -1.6% |
| BSCS Invesco Bulletshares 2028 CB | 0.39% | 47,945 | $988K | Reduce -0.4% |
| BSCT Invesco Bulletshares 2029 CB | 0.37% | 50,185 | $945K | Reduce -0.9% |
| MCK McKesson Corp. | 0.37% | 1,152 | $945K | Reduce -6.4% |
| BANC Banc of California Inc. | 0.37% | 48,896 | $943K | Add +0.1% |
| SYM Symbotic Inc. | 0.37% | 15,821 | $941K | New |
| BSCU Invesco Bulletshares 2030 CB | 0.37% | 54,959 | $930K | New |
| ZS Zscaler Inc. | 0.36% | 4,051 | $911K | Reduce -1.1% |
| BSCQ Invesco Bulletshares 2026 CB | 0.35% | 44,815 | $877K | Add +0.9% |
| APO Apollo Global Management Inc. | 0.34% | 5,964 | $863K | Reduce -59.1% |
| BSCR Invesco Bulletshares 2027 CB | 0.34% | 42,877 | $846K | Add +0.3% |
| KKR KKR & Co. Inc. | 0.32% | 6,377 | $813K | Add +1.2% |
| ANET Arista Networks Inc. | 0.32% | 6,175 | $809K | New |
| PH Parker Hannifin Corp. | 0.32% | 915 | $804K | Reduce -11.7% |
| JPM JPMorgan Chase & Co. | 0.32% | 2,489 | $802K | Reduce -3.6% |
| PANW Palo Alto Networks Inc. | 0.31% | 4,198 | $773K | Reduce -0.9% |
| VZ Verizon Communications Inc. | 0.30% | 18,522 | $754K | No change |
| PGR Progressive Corp. | 0.29% | 3,243 | $739K | Add +4.7% |
| WMB Williams Cos Inc. | 0.29% | 12,183 | $732K | Reduce -0.7% |
| AMZN Amazon.com Inc. | 0.28% | 3,076 | $710K | Add +1.4% |
| ORCL Oracle Corp. | 0.28% | 3,565 | $695K | Add +13.1% |
| FALN iShares Fallen Angels ETF | 0.28% | 25,450 | $695K | Reduce -0.7% |
| FLOT iShares Floating Rate Bond E | 0.28% | 13,648 | $694K | Add +0.1% |
| BX Blackstone Inc. | 0.28% | 4,502 | $694K | Reduce -2.7% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.27% | 2,146 | $676K | Reduce -16.6% |
| TT Trane Technologies PLC | 0.27% | 1,734 | $675K | Add +0.1% |
| SCHZ Schwab US Aggregate Bond ETF | 0.24% | 25,698 | $601K | Reduce -5.2% |
| ARCC Ares Capital Corp. | 0.23% | 28,866 | $584K | Add +2.4% |
| V Visa Inc. Class A | 0.22% | 1,555 | $545K | Add +4.6% |
| GOOG Alphabet Inc. Class C | 0.21% | 1,713 | $537K | Reduce -22.1% |
| SPG Simon Property Group Inc. | 0.20% | 2,749 | $509K | Add +2.6% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.19% | 10,457 | $487K | Reduce -9.7% |
| GILD Gilead Sciences Inc. | 0.19% | 3,947 | $484K | Reduce -2.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.19% | 932 | $468K | Add +2.6% |
| BKNG Booking Holdings Inc. | 0.19% | 87 | $467K | Add +7.4% |
| XTEN Bondbloxx BBG 10Y US TSY ETF | 0.16% | 8,660 | $400K | Reduce -17.1% |
| MBB iShares MBS ETF | 0.16% | 4,137 | $394K | Reduce -4.1% |
| CVX Chevron Corp. | 0.15% | 2,478 | $378K | Add +0.4% |
| PFE Pfizer Inc. | 0.13% | 13,316 | $332K | Add +1.1% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.13% | 4,019 | $322K | Reduce -3.8% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.13% | 5,291 | $322K | Add +3.6% |
| PPA Invesco Aerospace & Defense | 0.13% | 2,030 | $318K | Add +0.4% |
| PGF Invesco Financial Preferred | 0.12% | 20,952 | $296K | Reduce -0.1% |
| IVE iShares S&P 500 Value ETF | 0.12% | 1,389 | $295K | Add +29.0% |
| BINC iShares Flex I A ETF-Usd Inc. | 0.12% | 5,562 | $294K | Reduce -2.7% |
Portfolio Sells Q3 2025 → Q4 2025
| EFSC Enterprise Financial Service | Reduce -0.9% | 12.37% | −2.34 |
| NFLX Netflix Inc. | Reduce -56.6% | 0.93% | −2.08 |
| PM Philip Morris International | Sold out | 0.00% | −1.31 |
| PLTR Palantir Technologies Inc. Class A | Reduce -24.3% | 2.28% | −1.11 |
| COIN Coinbase Global Inc. Class A | Reduce -83.0% | 0.10% | −0.84 |
| CTAS Cintas Corp. | Reduce -40.6% | 0.76% | −0.77 |
| MSTR Strategy Inc. | Sold out | 0.00% | −0.74 |
| AXON Axon Enterprise Inc. | Sold out | 0.00% | −0.69 |
| RBLX Roblox Corp. Class A | Sold out | 0.00% | −0.65 |
| APO Apollo Global Management Inc. | Reduce -59.1% | 0.34% | −0.50 |
| TRGP Targa Resources Corp. | Sold out | 0.00% | −0.47 |
| PAYX Paychex Inc. | Sold out | 0.00% | −0.43 |
| META Meta Platforms Inc. Class A | Reduce -16.4% | 0.82% | −0.38 |
| BSCP Invesco Bulletshares 2025 CB | Sold out | 0.00% | −0.38 |
| TMUS T-Mobile US Inc. | Reduce -17.2% | 0.66% | −0.37 |
| ISRG Intuitive Surgical Inc. | Sold out | 0.00% | −0.31 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.31 |
| DASH DoorDash Inc. Class A | Reduce -3.8% | 0.77% | −0.29 |
| ORLY O'reilly Automotive Inc. | Reduce -0.5% | 0.80% | −0.24 |
| T AT&T Inc. | Sold out | 0.00% | −0.22 |
| COST Costco Wholesale Corp. | Sold out | 0.00% | −0.22 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -0.2% | 1.44% | −0.22 |
| LIN Linde PLC | Sold out | 0.00% | −0.20 |
| GE General Electric | Reduce -0.1% | 2.44% | −0.18 |
| ZS Zscaler Inc. | Reduce -1.1% | 0.36% | −0.17 |
| QUAL iShares MSCI USA Quality Fac | Sold out | 0.00% | −0.14 |
| WELL Welltower Inc. | Reduce -9.9% | 0.79% | −0.13 |
| STX Seagate Technology Holdings | Reduce -22.9% | 0.60% | −0.13 |
| PHO Invesco Water Resources ETF | Sold out | 0.00% | −0.12 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.11 |
| PWR Quanta Services Inc. | Reduce -10.9% | 0.51% | −0.11 |
| NET Cloudflare Inc. Class A | Reduce -0.5% | 0.53% | −0.11 |
| TDG Transdigm Group Inc. | Reduce -4.3% | 0.76% | −0.10 |
| GOVT iShares US Treasury Bond ETF | Reduce -1.2% | 0.90% | −0.10 |
| IBKR Interactive Brokers Gro Class A | Reduce -0.9% | 0.54% | −0.10 |
| IEMG iShares Core MSCI Emerging | Sold out | 0.00% | −0.09 |
| PODD Insulet Corp. | Reduce -1.6% | 0.42% | −0.09 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -16.6% | 0.27% | −0.08 |
| TLT iShares 20+ Year Treasury BD | Reduce -0.7% | 0.54% | −0.07 |
| IBM Intl Business Machines Corp. | Reduce -7.2% | 0.56% | −0.07 |
| BX Blackstone Inc. | Reduce -2.7% | 0.28% | −0.07 |
| PANW Palo Alto Networks Inc. | Reduce -0.9% | 0.31% | −0.07 |
| SHYG iShares 0-5 YR HY Corp. Bond | Reduce -0.6% | 0.56% | −0.07 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -0.5% | 0.53% | −0.06 |
| EQT Eqt Corp. | Reduce -1.0% | 0.43% | −0.05 |
| XTEN Bondbloxx BBG 10Y US TSY ETF | Reduce -17.1% | 0.16% | −0.05 |
| EFV iShares MSCI Eafe Value ETF | Reduce -36.2% | 0.08% | −0.05 |
| PEJ Invesco Leisure & Entertainm | Reduce -33.4% | 0.08% | −0.05 |
| GEV GE Vernova Inc. | Reduce -1.9% | 0.94% | −0.05 |
| WMB Williams Cos Inc. | Reduce -0.7% | 0.29% | −0.05 |
Portfolio Buys Q3 2025 → Q4 2025
| INTC Intel Corp. | New | 2.24% | +2.24 |
| LLY Eli Lilly & Co. | New | 1.34% | +1.34 |
| MU Micron Technology Inc. | New | 1.29% | +1.29 |
| WBD Warner Bros Discovery Inc. | New | 1.03% | +1.03 |
| GOOGL Alphabet Inc. Class A | Add +549.1% | 1.08% | +0.94 |
| AMD Advanced Micro Devices | Add +23.6% | 2.64% | +0.87 |
| LRCX Lam Research Corp. | New | 0.50% | +0.50 |
| AVGO Broadcom Inc. | Add +90.5% | 0.89% | +0.40 |
| SYM Symbotic Inc. | New | 0.37% | +0.37 |
| BSCU Invesco Bulletshares 2030 CB | New | 0.37% | +0.37 |
| ANET Arista Networks Inc. | New | 0.32% | +0.32 |
| APH Amphenol Corp. Class A | Add +59.3% | 0.73% | +0.27 |
| NVDA Nvidia Corp. | Add +26.4% | 0.92% | +0.12 |
| XLG Invesco S&P 500 Top 50 ETF | New | 0.10% | +0.10 |
| BANC Banc of California Inc. | Add +0.1% | 0.37% | +0.02 |
| IVE iShares S&P 500 Value ETF | Add +29.0% | 0.12% | +0.02 |
| SHOP Shopify Inc. Class A | Add +1.6% | 0.77% | +0.00 |
| BDJ BlackRock Enhanced Eqty DVD | Add +2.5% | 0.09% | −0.00 |
| WMT Walmart Inc. | Add +1.3% | 1.44% | −0.00 |
| PBW Invesco Wilderhill Clean Ene | Add +0.2% | 0.11% | −0.00 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +3.6% | 0.13% | −0.00 |
| V Visa Inc. Class A | Add +4.6% | 0.22% | −0.00 |
| BKNG Booking Holdings Inc. | Add +7.4% | 0.19% | −0.01 |
| AMZN Amazon.com Inc. | Add +1.4% | 0.28% | −0.01 |
| PPA Invesco Aerospace & Defense | Add +0.4% | 0.13% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.6% | 0.19% | −0.01 |
| PFE Pfizer Inc. | Add +1.1% | 0.13% | −0.01 |
| PNQI Invesco Nasdaq Internet ETF | Add +0.3% | 0.11% | −0.01 |
| CVX Chevron Corp. | Add +0.4% | 0.15% | −0.02 |
| SPG Simon Property Group Inc. | Add +2.6% | 0.20% | −0.02 |
| MSFT Microsoft Corp. | Add +0.2% | 0.11% | −0.02 |
| ARCC Ares Capital Corp. | Add +2.4% | 0.23% | −0.02 |
| GGME Invesco Next Gen Media and G | Add +0.5% | 0.11% | −0.02 |
| APP AppLovin Corp. Class A | Add +15.2% | 1.62% | −0.02 |
| FLOT iShares Floating Rate Bond E | Add +0.1% | 0.28% | −0.03 |
| BSCQ Invesco Bulletshares 2026 CB | Add +0.9% | 0.35% | −0.03 |
| BSCR Invesco Bulletshares 2027 CB | Add +0.3% | 0.34% | −0.03 |
| KKR KKR & Co. Inc. | Add +1.2% | 0.32% | −0.03 |
| PGR Progressive Corp. | Add +4.7% | 0.29% | −0.04 |
| BNY Bank of New York Mellon Corp. | Add +0.1% | 1.47% | −0.04 |
| TT Trane Technologies PLC | Add +0.1% | 0.27% | −0.05 |
| MA Mastercard Inc. Class A | Add +1.1% | 0.67% | −0.05 |
| TTWO Take-Two Interactive Softwre | Add +2.3% | 0.74% | −0.06 |
| MMM 3M Co. | Add +1.4% | 1.34% | −0.07 |
| BSX Boston Scientific Corp. | Add +2.7% | 0.74% | −0.07 |
| TSLA Tesla Inc. | Add +1.6% | 1.06% | −0.07 |
| ALNY Alnylam Pharmaceuticals Inc. | Add +0.3% | 0.43% | −0.11 |
| ORCL Oracle Corp. | Add +13.1% | 0.28% | −0.11 |
| RCL Royal Caribbean Cruises Ltd. | Add +10.6% | 0.79% | −0.12 |
| AZO AutoZone Inc. | Add +0.9% | 0.73% | −0.28 |
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 |