Western Financial Corp

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

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 23, 2026), Western Financial Corp reported 127 stock positions worth $255.5 million. Its top holding was Arrowhead Pharmaceuticals (ARWR) at 20.1% of the portfolio, followed by Enterprise Financial Service (EFSC, 12.2%) and Wells Fargo (WFC, 3.1%). Compared with Q4 2025, it opened 38 new positions, sold out of 24, added to 29 and reduced 58. The biggest buy was a new position in Caterpillar (CAT) and the biggest sale Palantir Technologies Class A (PLTR, shares −81%).

Most Recent 13F: Q2 2026
Location: SAN DIEGO, CA
CIK: 0001954480
Portfolio Value: $255.5M (Q1 2026)
SEC Filing: 0001954480-26-000002 ↗ filed Apr 23, 2026

Holdings Value

Holdings 127 stocks · $255.5M


ARWR Arrowhead Pharmaceuticals Inc.	20.13%	820,239	$51.4M	No change
EFSC Enterprise Financial Service	12.21%	576,505	$31.2M	Reduce -0.1%
WFC Wells Fargo & Co.	3.06%	98,138	$7.8M	Add +1.7%
INTC Intel Corp.	2.78%	160,998	$7.1M	Add +5.2%
GE General Electric filed as GE AEROSPACE	2.22%	19,965	$5.7M	Reduce -0.2%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP	1.91%	41,220	$4.9M	Add +28.9%
CAT Caterpillar Inc.	1.90%	6,842	$4.8M	New
GS Goldman Sachs Group Inc.	1.86%	5,628	$4.8M	Add +29.6%
LRCX Lam Research Corp.	1.77%	21,159	$4.5M	Add +189.5%
GM General Motors Co.	1.75%	60,082	$4.5M	New
WMT Walmart Inc.	1.74%	35,747	$4.4M	Add +9.6%
STX Seagate Technology Holdings	1.57%	10,264	$4.0M	Add +85.7%
AMAT Applied Materials Inc.	1.56%	11,698	$4.0M	New
LLY Eli Lilly & Co.	1.50%	4,169	$3.8M	Add +32.5%
MMM 3M Co.	1.48%	26,034	$3.8M	Add +23.1%
GOOGL Alphabet Inc. Class A	1.44%	12,756	$3.7M	Add +46.6%
LMT Lockheed Martin Corp.	1.41%	5,969	$3.6M	New
TSLA Tesla Inc.	1.14%	7,851	$2.9M	Add +32.7%
ADI Analog Devices Inc.	1.14%	9,168	$2.9M	New
MU Micron Technology Inc.	1.02%	7,710	$2.6M	Reduce -32.5%
GOOG Alphabet Inc. Class C	0.99%	8,785	$2.5M	Add +412.8%
GOVT iShares US Treasury Bond ETF	0.97%	108,473	$2.5M	Add +10.6%
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV	0.97%	1,872	$2.5M	New
GEV GE Vernova Inc.	0.96%	2,824	$2.5M	Reduce -22.2%
WDC Western Digital Corp.	0.96%	9,065	$2.5M	New
WBD Warner Bros Discovery Inc.	0.91%	84,662	$2.3M	Reduce -6.2%
WELL Welltower Inc.	0.77%	9,953	$2.0M	Reduce -7.0%
AMD Advanced Micro Devices	0.76%	9,579	$1.9M	Reduce -69.2%
ORLY O'reilly Automotive Inc.	0.75%	20,715	$1.9M	Reduce -6.3%
AVGO Broadcom Inc.	0.74%	6,137	$1.9M	Reduce -5.3%
KLAC KLA Corp.	0.74%	1,276	$1.9M	New
RCL Royal Caribbean Cruises Ltd.	0.72%	6,710	$1.8M	Reduce -6.0%
APH Amphenol Corp. Class A	0.69%	13,971	$1.8M	Add +2.9%
META Meta Platforms Inc. Class A	0.69%	3,085	$1.8M	Reduce -1.6%
AZO AutoZone Inc.	0.67%	509	$1.7M	Reduce -6.6%
AAPL Apple Inc.	0.64%	6,467	$1.6M	Add +59.7%
TDG Transdigm Group Inc.	0.63%	1,393	$1.6M	Reduce -3.0%
PWR Quanta Services Inc.	0.58%	2,712	$1.5M	Reduce -11.4%
NVDA Nvidia Corp.	0.56%	8,232	$1.4M	Reduce -33.9%
HLT Hilton Worldwide Holdings Inc.	0.55%	4,627	$1.4M	Reduce -4.3%
HWM Howmet Aerospace Inc.	0.54%	5,969	$1.4M	Reduce -19.1%
SHYG iShares 0-5 YR HY Corp. Bond	0.53%	32,154	$1.4M	Reduce -3.2%
SHV iShares 0-1 Year Treasury Bo	0.51%	11,756	$1.3M	Reduce -3.8%
TLT iShares 20+ Year Treasury BD	0.51%	14,932	$1.3M	Reduce -3.9%
NET Cloudflare Inc. Class A	0.50%	6,247	$1.3M	Reduce -7.6%
MAR Marriott International Class A	0.50%	3,887	$1.3M	Reduce -12.3%
EQT Eqt Corp.	0.50%	19,919	$1.3M	Reduce -2.6%
TER Teradyne Inc.	0.49%	4,230	$1.3M	New
IBKR Interactive Brokers Gro Class A	0.49%	18,683	$1.3M	Reduce -11.8%
RTX RTX Corp.	0.46%	6,041	$1.2M	New
VBIL Vanguard 0-3M T-Bill ETF	0.41%	13,923	$1.1M	New
MA Mastercard Inc. Class A	0.40%	2,060	$1.0M	Reduce -30.0%
CRWD CrowdStrike Holdings Inc. Class A	0.40%	2,587	$1.0M	Reduce -66.5%
EXPE Expedia Group Inc.	0.38%	4,208	$972K	New
ALNY Alnylam Pharmaceuticals Inc.	0.37%	2,866	$948K	Add +4.9%
JPM JPMorgan Chase & Co.	0.37%	3,197	$940K	Add +28.4%
BSCS Invesco Bulletshares 2028 CB	0.37%	45,976	$939K	Reduce -4.1%
PLTR Palantir Technologies Inc. Class A	0.36%	6,259	$916K	Reduce -80.6%
BSCU Invesco Bulletshares 2030 CB	0.35%	54,176	$906K	Reduce -1.4%
BSCT Invesco Bulletshares 2029 CB	0.35%	48,147	$898K	Reduce -4.1%
BANC Banc of California Inc.	0.34%	48,940	$860K	Add +0.1%
BSCQ Invesco Bulletshares 2026 CB	0.33%	43,408	$848K	Reduce -3.1%
BSCR Invesco Bulletshares 2027 CB	0.33%	42,329	$831K	Reduce -1.3%
PODD Insulet Corp.	0.32%	3,875	$813K	Add +5.2%
MCK McKesson Corp.	0.31%	915	$792K	Reduce -20.6%
XOM Exxon Mobil Corp.	0.30%	4,507	$765K	New
WMB Williams Cos Inc.	0.30%	10,455	$761K	Reduce -14.2%
MDB Mongodb Inc.	0.29%	3,011	$737K	New
ANET Arista Networks Inc.	0.29%	5,936	$729K	Reduce -3.9%
TSM Taiwan Semiconductor-SP ADR	0.27%	2,011	$680K	New
FCX Freeport-McMoran Inc.	0.27%	11,540	$678K	New
DE Deere & Co.	0.26%	1,192	$671K	New
AXP American Express Co.	0.26%	2,213	$669K	Reduce -77.6%
FLOT iShares Floating Rate Bond E	0.26%	13,035	$664K	Reduce -4.5%
MRK Merck & Co. Inc.	0.26%	5,484	$660K	New
FALN iShares Fallen Angels ETF	0.26%	24,575	$657K	Reduce -3.4%
TT Trane Technologies PLC	0.26%	1,573	$656K	Reduce -9.3%
CTAS Cintas Corp.	0.25%	3,823	$647K	Reduce -62.3%
SPG Simon Property Group Inc.	0.25%	3,448	$643K	Add +25.4%
VV Vngrd Mrgstr LRG-Cap ETF-Usd	0.25%	2,146	$641K	No change
PH Parker Hannifin Corp.	0.25%	713	$639K	Reduce -22.1%
GILD Gilead Sciences Inc.	0.25%	4,563	$636K	Add +15.6%
JNJ Johnson & Johnson	0.25%	2,580	$631K	New
COF Capital One Financial Corp.	0.23%	3,277	$598K	Reduce -40.9%
AMGN Amgen Inc.	0.23%	1,667	$587K	New
FDX FedEx Corp.	0.23%	1,628	$580K	New
SCHZ Schwab US Aggregate Bond ETF	0.22%	24,605	$571K	Reduce -4.3%
JCI Johnson Controls Internation	0.22%	4,321	$566K	New
ARCC Ares Capital Corp.	0.21%	29,639	$534K	Add +2.7%
HCA HCA Healthcare Inc.	0.21%	1,128	$534K	New
DASH DoorDash Inc. Class A	0.21%	3,537	$531K	Reduce -58.8%
CVX Chevron Corp.	0.20%	2,487	$515K	Add +0.4%
BSX Boston Scientific Corp.	0.19%	7,927	$497K	Reduce -59.8%
IUSB Ishr CR Unvrse Usd BD ETF-Ui	0.19%	10,397	$480K	Reduce -0.6%
ARES Ares Management Corp. Class A	0.18%	4,198	$458K	Reduce -38.5%
MPWR Monolithic Power Systems Inc.	0.16%	385	$421K	New
VRT Vertiv Holdings Co. Class A	0.16%	1,679	$421K	New
BKR Baker Hughes Co.	0.16%	6,839	$418K	New
PFE Pfizer Inc.	0.16%	14,539	$408K	Add +9.2%
MNST Monster Beverage Corp.	0.15%	5,458	$395K	New
SPYM Ste STR SPDR PT S&P 500 ETF	0.15%	4,955	$379K	Add +23.3%
MBB iShares MBS ETF	0.14%	3,857	$366K	Reduce -6.8%
VZ Verizon Communications Inc.	0.14%	7,174	$360K	Reduce -61.3%
XTEN Bondbloxx BBG 10Y US TSY ETF	0.14%	7,760	$356K	Reduce -10.4%
AMZN Amazon.com Inc.	0.14%	1,688	$352K	Reduce -45.1%
MSFT Microsoft Corp.	0.13%	878	$325K	Add +59.1%
IVE iShares S&P 500 Value ETF	0.12%	1,423	$300K	Add +2.5%
PGF Invesco Financial Preferred	0.11%	20,070	$276K	Reduce -4.2%
DYNF Ishrs US E F R A ETF-Usd Inc.	0.10%	4,564	$266K	Reduce -13.7%
IVW iShares S&P 500 Growth ETF	0.10%	2,169	$245K	Reduce -0.7%
ABBV Abbvie Inc.	0.09%	1,101	$240K	New
PXJ Invesco Oil & Gas Services E	0.09%	5,585	$231K	Reduce -20.6%
BINC iShares Flex I A ETF-Usd Inc.	0.09%	4,374	$227K	Reduce -21.4%
PSI Invesco Semiconductors ETF	0.09%	2,342	$221K	New
PBD Invesco Global Clean Energy	0.09%	12,112	$217K	New
IAGG iShares Intl Aggregate Bond	0.08%	4,332	$217K	Reduce -1.1%
PPA Invesco Aerospace & Defense	0.08%	1,282	$212K	Reduce -36.9%
BDJ BlackRock Enhanced Eqty DVD	0.08%	24,517	$211K	Add +2.0%
SMLF iShares US Smallcap Equity F	0.08%	2,785	$210K	New
KNCT Invesco Next Gen Connectivit	0.08%	1,498	$208K	New
IJR iShares Core S&P Small-Cap E	0.08%	1,660	$206K	New
PRFZ Inv Rafi US 1500 SM-Usd Inc.	0.08%	4,480	$206K	New
PKB Invesco Building & Construct	0.08%	2,105	$205K	New
FNDA Schwab Fndmntl US SM Co. ETF	0.08%	6,312	$205K	New
VBK Van Morst SML-Cap Gro-Usd Inc.	0.08%	675	$204K	New
SAN Banco Santander SA-Spon ADR	0.05%	11,956	$135K	New
MFG Mizuho Financial Group-ADR	0.05%	16,217	$129K	Add +19.5%

Portfolio Sells Q4 2025 → Q1 2026


PLTR Palantir Technologies Inc. Class A	Reduce -80.6%	0.36%	−1.92
AMD Advanced Micro Devices	Reduce -69.2%	0.76%	−1.88
APP AppLovin Corp. Class A	Sold out	0.00%	−1.62
AXP American Express Co.	Reduce -77.6%	0.26%	−1.19
CRWD CrowdStrike Holdings Inc. Class A	Reduce -66.5%	0.40%	−1.04
NFLX Netflix Inc.	Sold out	0.00%	−0.93
SHOP Shopify Inc. Class A	Sold out	0.00%	−0.77
TTWO Take-Two Interactive Softwre	Sold out	0.00%	−0.74
TMUS T-Mobile US Inc.	Sold out	0.00%	−0.66
DASH DoorDash Inc. Class A	Reduce -58.8%	0.21%	−0.56
IBM Intl Business Machines Corp.	Sold out	0.00%	−0.56
BSX Boston Scientific Corp.	Reduce -59.8%	0.19%	−0.55
CTAS Cintas Corp.	Reduce -62.3%	0.25%	−0.50
SYM Symbotic Inc.	Sold out	0.00%	−0.37
ZS Zscaler Inc.	Sold out	0.00%	−0.36
NVDA Nvidia Corp.	Reduce -33.9%	0.56%	−0.36
APO Apollo Global Management Inc.	Sold out	0.00%	−0.34
KKR KKR & Co. Inc.	Sold out	0.00%	−0.32
PANW Palo Alto Networks Inc.	Sold out	0.00%	−0.31
COF Capital One Financial Corp.	Reduce -40.9%	0.23%	−0.30
PGR Progressive Corp.	Sold out	0.00%	−0.29
ORCL Oracle Corp.	Sold out	0.00%	−0.28
BX Blackstone Inc.	Sold out	0.00%	−0.28
MU Micron Technology Inc.	Reduce -32.5%	1.02%	−0.27
MA Mastercard Inc. Class A	Reduce -30.0%	0.40%	−0.26
ARES Ares Management Corp. Class A	Reduce -38.5%	0.18%	−0.26
GE General Electric	Reduce -0.2%	2.22%	−0.23
V Visa Inc. Class A	Sold out	0.00%	−0.22
BRK.B Berkshire Hathaway Inc. Class B	Sold out	0.00%	−0.19
BKNG Booking Holdings Inc.	Sold out	0.00%	−0.19
VZ Verizon Communications Inc.	Reduce -61.3%	0.14%	−0.16
EFSC Enterprise Financial Service	Reduce -0.1%	12.21%	−0.15
AVGO Broadcom Inc.	Reduce -5.3%	0.74%	−0.15
AMZN Amazon.com Inc.	Reduce -45.1%	0.14%	−0.14
META Meta Platforms Inc. Class A	Reduce -1.6%	0.69%	−0.13
TDG Transdigm Group Inc.	Reduce -3.0%	0.63%	−0.13
WBD Warner Bros Discovery Inc.	Reduce -6.2%	0.91%	−0.12
PNQI Invesco Nasdaq Internet ETF	Sold out	0.00%	−0.11
PBW Invesco Wilderhill Clean Ene	Sold out	0.00%	−0.11
XLG Invesco S&P 500 Top 50 ETF	Sold out	0.00%	−0.10
COIN Coinbase Global Inc. Class A	Sold out	0.00%	−0.10
EFV iShares MSCI Eafe Value ETF	Sold out	0.00%	−0.08
PEJ Invesco Leisure & Entertainm	Sold out	0.00%	−0.08
PRN Invesco Dorsey Wright Indus	Sold out	0.00%	−0.08
PH Parker Hannifin Corp.	Reduce -22.1%	0.25%	−0.07
RCL Royal Caribbean Cruises Ltd.	Reduce -6.0%	0.72%	−0.07
MCK McKesson Corp.	Reduce -20.6%	0.31%	−0.06
HWM Howmet Aerospace Inc.	Reduce -19.1%	0.54%	−0.06
AZO AutoZone Inc.	Reduce -6.6%	0.67%	−0.06
ORLY O'reilly Automotive Inc.	Reduce -6.3%	0.75%	−0.05

Portfolio Buys Q4 2025 → Q1 2026


CAT Caterpillar Inc.	New	1.90%	+1.90
GM General Motors Co.	New	1.75%	+1.75
AMAT Applied Materials Inc.	New	1.56%	+1.56
LMT Lockheed Martin Corp.	New	1.41%	+1.41
LRCX Lam Research Corp.	Add +189.5%	1.77%	+1.27
ADI Analog Devices Inc.	New	1.14%	+1.14
STX Seagate Technology Holdings	Add +85.7%	1.57%	+0.97
ASML ASML Holding NV-NY Reg SHS	New	0.97%	+0.97
WDC Western Digital Corp.	New	0.96%	+0.96
GOOG Alphabet Inc. Class C	Add +412.8%	0.99%	+0.77
KLAC KLA Corp.	New	0.74%	+0.74
INTC Intel Corp.	Add +5.2%	2.78%	+0.54
TER Teradyne Inc.	New	0.49%	+0.49
RTX RTX Corp.	New	0.46%	+0.46
BNY Bank of New York Mellon Corp.	Add +28.9%	1.91%	+0.44
VBIL Vanguard 0-3M T-Bill ETF	New	0.41%	+0.41
EXPE Expedia Group Inc.	New	0.38%	+0.38
GOOGL Alphabet Inc. Class A	Add +46.6%	1.44%	+0.36
GS Goldman Sachs Group Inc.	Add +29.6%	1.86%	+0.35
XOM Exxon Mobil Corp.	New	0.30%	+0.30
WMT Walmart Inc.	Add +9.6%	1.74%	+0.30
MDB Mongodb Inc.	New	0.29%	+0.29
TSM Taiwan Semiconductor-SP ADR	New	0.27%	+0.27
FCX Freeport-McMoran Inc.	New	0.27%	+0.27
DE Deere & Co.	New	0.26%	+0.26
MRK Merck & Co. Inc.	New	0.26%	+0.26
JNJ Johnson & Johnson	New	0.25%	+0.25
AMGN Amgen Inc.	New	0.23%	+0.23
FDX FedEx Corp.	New	0.23%	+0.23
JCI Johnson Controls Internation	New	0.22%	+0.22
HCA HCA Healthcare Inc.	New	0.21%	+0.21
AAPL Apple Inc.	Add +59.7%	0.64%	+0.21
MPWR Monolithic Power Systems Inc.	New	0.16%	+0.16
VRT Vertiv Holdings Co. Class A	New	0.16%	+0.16
BKR Baker Hughes Co.	New	0.16%	+0.16
LLY Eli Lilly & Co.	Add +32.5%	1.50%	+0.16
MNST Monster Beverage Corp.	New	0.15%	+0.15
MMM 3M Co.	Add +23.1%	1.48%	+0.14
ABBV Abbvie Inc.	New	0.09%	+0.09
TSLA Tesla Inc.	Add +32.7%	1.14%	+0.09
PSI Invesco Semiconductors ETF	New	0.09%	+0.09
PBD Invesco Global Clean Energy	New	0.09%	+0.09
SMLF iShares US Smallcap Equity F	New	0.08%	+0.08
KNCT Invesco Next Gen Connectivit	New	0.08%	+0.08
IJR iShares Core S&P Small-Cap E	New	0.08%	+0.08
PRFZ Inv Rafi US 1500 SM-Usd Inc.	New	0.08%	+0.08
PKB Invesco Building & Construct	New	0.08%	+0.08
FNDA Schwab Fndmntl US SM Co. ETF	New	0.08%	+0.08
VBK Van Morst SML-Cap Gro-Usd Inc.	New	0.08%	+0.08
GOVT iShares US Treasury Bond ETF	Add +10.6%	0.97%	+0.08

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