SEC 13F Intelligence

Managers / Q1 2021 · view latest →

WESTERN FINANCIAL Corp

CIK 0000106077 · 600 "B" STREET STE. 2204, SAN DIEGO, CA, 92101-4507 · 619-544-0260

Reported Value
$164M
Q1 2021
Positions
85
Filings on Record
8
2019–present window
Filed
Apr 27, 2021
original filing

Summary

Western Financial Corp reported $164M in U.S.-listed holdings across 85 positions for Q1 2021.

The portfolio is heavily concentrated: ARWR alone accounts for 33.2% of reported value.

Compared with Q4 2020, the fund opened 18 new positions and exited 12.

Portfolio Metrics

Turnover
+10.2%
vs prior filed quarter
Top-10 Concentration
+75.8%
share of reported value
Largest Position
+33.2%
Arrowhead Pharmaceuticals In
New / Exited
18 / 12
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’20: $152MQ4 ’20Q1 ’21: $164MQ1 ’21Q2 ’21: $185MQ2 ’21Q3 ’21: $169MQ3 ’21Q4 ’21: $191MQ4 ’21Q1 ’22: $172MQ1 ’22Q2 ’22: $141MQ2 ’22Q3 ’22: $143MQ3 ’22filingsflow.com

Portfolio Composition

By security type
Common Stock: 90.2%ETP: 9.7%Closed-End Fund: 0.1%MLP: 0.0%
  • Common Stock · 90.2% · $148M
  • ETP · 9.7% · $16M
  • Closed-End Fund · 0.1% · $166,000
  • MLP · 0.0% · $65,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DHRDANAHER CORPORATIONNEW+4.3K4.3K+$964,000$964,000
SCHJSCHWAB STRATEGIC TRNEW+17.4K17.4K+$886,000$886,000
DOCUDOCUSIGN INCNEW+4.3K4.3K+$870,000$870,000
DBXDROPBOX INCNEW+31.3K31.3K+$835,000$835,000
ETSYETSY INCNEW+4.0K4.0K+$798,000$798,000
BLACKROCK INCNEW+845845+$637,000$637,000
M D C HLDGS INCNEW+10.2K10.2K+$604,000$604,000
FITBFIFTH THIRD BANCORPNEW+13.2K13.2K+$494,000$494,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2021

74 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ARWRARROWHEAD PHARMACEUTICALS INhistory →COM33.22%$54M820.3K
2EFSCENTERPRISE FINL SVCS CORPhistory →COM25.41%$42M841.7K
3MBBISHARES TRMBS ETF · ISHS 1-5YR INVS · IBOXX HI YD ETF · US TREAS BD ETF · JPMORGAN USD EMG · ESG AWR MSCI USA · FALN ANGLS USD · 10+ YR INVST GRD · EAFE VALUE ETF · BROAD USD HIGH · EAFE GRWTH ETF8.40%$14M212.3K
4GREAT WESTN NATL BK PORTLANDCOM2.25%$4M96.4K
5WFCWELLS FARGO CO NEWhistory →COM2.19%$4M91.7K
6FCBPFIRST CHOICE BANCORPCOM0.99%$2M66.5K
7HDHOME DEPOT INCCOM0.93%$2M5.0K
8AAPLAPPLE INCCOM0.92%$2M12.3K
9SCHJSCHWAB STRATEGIC TR1 5YR CORP BD · 5 10YR CORP BD0.82%$1M26.3K
10MSFTMICROSOFT CORPCOM0.70%$1M4.8K
11GOOGLALPHABET INCCAP STK CL A0.68%$1M537
12JNJJOHNSON & JOHNSONCOM0.67%$1M6.7K
13LOWLOWES COS INCCOM0.66%$1M5.7K
14AVGOBROADCOM INCCOM0.66%$1M2.3K
15AMZNAMAZON COM INCCOM0.66%$1M349
16ZTSZOETIS INCCL A0.66%$1M6.8K
17SNPSSYNOPSYS INCCOM0.65%$1M4.3K
18NKENIKE INCCL B0.62%$1M7.6K
19PYPLPAYPAL HLDGS INCCOM0.61%$1M4.1K
20ISRGINTUITIVE SURGICAL INCCOM NEW0.61%$1M1.4K
21PACIFIC PREMIER BANCORPCOM0.61%$996,00022.9K
22NVDANVIDIA CORPORATIONCOM0.60%$988,0001.9K
23QCOMQUALCOMM INCCOM0.60%$977,0007.4K
24NFLXNETFLIX INCCOM0.59%$968,0001.9K
25DHRDANAHER CORPORATIONCOM0.59%$964,0004.3K
26CRMSALESFORCE COM INCCOM0.58%$956,0004.5K
27WSTWEST PHARMACEUTICAL SVSC INCCOM0.58%$953,0003.4K
28JPMJPMORGAN CHASE & COCOM0.55%$898,0005.9K
29DOCUDOCUSIGN INCCOM0.53%$870,0004.3K
30WSMWILLIAMS SONOMA INCCOM0.51%$839,0004.7K
31VZVERIZON COMMUNICATIONS INCCOM0.51%$838,00014.4K
32DBXDROPBOX INCCL A0.51%$835,00031.3K
33ETSYETSY INCCOM0.49%$798,0004.0K
34TGTTARGET CORPCOM0.46%$753,0003.8K
35GRMNGARMIN LTDSHS0.44%$715,0005.4K
36PFEPFIZER INCCOM0.43%$711,00019.6K
37FASTFASTENAL COCOM0.43%$706,00014.0K
38KLACKLA CORPCOM NEW0.42%$695,0002.1K
39SYNOVUS FINL CORPCOM NEW0.42%$684,00015.0K
40UPSUNITED PARCEL SERVICE INCCL B0.40%$661,0003.9K
41BLACKROCK INCCOM0.39%$637,000845
42NEENEXTERA ENERGY INCCOM0.38%$620,0008.2K
43NEMNEWMONT CORPCOM0.37%$608,00010.1K
44M D C HLDGS INCCOM0.37%$604,00010.2K
45UNPUNION PAC CORPCOM0.32%$524,0002.4K
46SPYMSPDR SER TRPORTFOLIO S&P5000.32%$521,00011.2K
47AMATAPPLIED MATLS INCCOM0.31%$514,0003.8K
48FITBFIFTH THIRD BANCORPCOM0.30%$494,00013.2K
49INTUINTUITCOM0.26%$425,0001.1K
50MSCIMSCI INCCOM0.26%$422,0001.0K
51ORLYOREILLY AUTOMOTIVE INCCOM0.25%$409,000806
52TMUST-MOBILE US INCCOM0.24%$397,0003.2K
53NOWSERVICENOW INCCOM0.24%$387,000774
54ADBEADOBE SYSTEMS INCORPORATEDCOM0.24%$386,000813
55RMDRESMED INCCOM0.24%$385,0002.0K
56IDXXIDEXX LABS INCCOM0.23%$384,000784
57TMOTHERMO FISHER SCIENTIFIC INCCOM0.23%$383,000838
58MLMMARTIN MARIETTA MATLS INCCOM0.23%$372,0001.1K
59CPRTCOPART INCCOM0.22%$366,0003.4K
60METAFACEBOOK INCCL A0.21%$352,0001.2K
61ARCCARES CAPITAL CORPCOM0.21%$350,00018.7K
62WALWESTERN ALLIANCE BANCORPCOM0.20%$327,0003.5K
63PGPROCTER AND GAMBLE COCOM0.18%$298,0002.2K
64ETNEATON CORP PLCSHS0.15%$248,0001.8K
65CVXCHEVRON CORP NEWCOM0.15%$244,0002.3K
66ZIONZIONS BANCORPORATION N ACOM0.15%$238,0004.3K
67XSOEWISDOMTREE TREM EX ST-OWNED0.13%$216,0005.3K
68ABTABBOTT LABSCOM0.13%$213,0001.8K
69ABBVABBVIE INCCOM0.13%$212,0002.0K
70FATEFATE THERAPEUTICS INCCOM0.13%$206,0002.5K
71CFGCITIZENS FINANCIAL GROUP INCCOM0.12%$204,0004.6K
72FTFRANKLIN UNVL TRSH BEN INT0.07%$108,00014.4K
73NGLNGL ENERGY PARTNERS LPCOM UNIT REPST0.04%$65,00031.8K
74PIMPUTNAM MASTER INTER INCOME TSH BEN INT0.04%$58,00013.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2022$143M93Nov 4, 202213F-HRchanges · EDGAR ↗
Q2 2022$141M92Jul 22, 202213F-HRchanges · EDGAR ↗
Q1 2022$172M92Apr 22, 202213F-HRchanges · EDGAR ↗
Q4 2021$191M86Jan 19, 202213F-HRchanges · EDGAR ↗
Q3 2021$169M88Oct 22, 202113F-HRchanges · EDGAR ↗
Q2 2021$185M92Jul 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$164M85Apr 27, 202113F-HRchanges · EDGAR ↗
Q4 2020$152M79Feb 3, 202113F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.