SEC 13F Intelligence

Managers / Q2 2021 · view latest →

WESTERN FINANCIAL Corp

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

Reported Value
$185M
Q2 2021
Positions
92
Filings on Record
8
2019–present window
Filed
Jul 16, 2021
original filing

Summary

Western Financial Corp reported $185M in U.S.-listed holdings across 92 positions for Q2 2021.

The portfolio is heavily concentrated: ARWR alone accounts for 36.7% of reported value.

Compared with Q1 2021, the fund opened 17 new positions and exited 10.

Portfolio Metrics

Turnover
+7.1%
vs prior filed quarter
Top-10 Concentration
+74.7%
share of reported value
Largest Position
+36.7%
Arrowhead Pharmaceuticals In
New / Exited
17 / 10
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: 88.5%ETP: 11.4%Closed-End Fund: 0.1%MLP: 0.0%
  • Common Stock · 88.5% · $164M
  • ETP · 11.4% · $21M
  • Closed-End Fund · 0.1% · $176,000
  • MLP · 0.0% · $76,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
XYZSQUARE INCNEW+4.7K4.7K+$1M$1M
TSLATESLA INCNEW+1.7K1.7K+$1M$1M
EPAMEPAM SYS INCNEW+2.0K2.0K+$1M$1M
EXPDEXPEDITORS INTL WASH INCNEW+8.2K8.2K+$1M$1M
MEDMEDIFAST INCNEW+2.0K2.0K+$552,000$552,000
GNRCGENERAC HLDGS INCNEW+1.3K1.3K+$536,000$536,000
IVVISHARES TRNEW+1.2K1.2K+$509,000$509,000
FTNTFORTINET INCNEW+2.0K2.0K+$478,000$478,000

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

Holdings — Q2 2021

78 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ARWRARROWHEAD PHARMACEUTICALS INhistory →COM36.71%$68M820.3K
2EFSCENTERPRISE FINL SVCS CORPhistory →COM19.32%$36M770.8K
3IGSBISHARES TRISHS 1-5YR INVS · MBS ETF · IBOXX HI YD ETF · US TREAS BD ETF · JPMORGAN USD EMG · ESG AWR MSCI USA · FALN ANGLS USD · CORE S&P500 ETF · CORE TOTAL USD · EAFE VALUE ETF · MSCI USA VALUE · BROAD USD HIGH · EAFE GRWTH ETF · CORE MSCI TOTAL9.92%$18M283.8K
4WFCWELLS FARGO CO NEWhistory →COM2.25%$4M91.7K
5PACWEST BANCORP DELCOM2.14%$4M96.2K
6FCBPFIRST CHOICE BANCORPCOM0.97%$2M58.9K
7AAPLAPPLE INCCOM0.95%$2M12.8K
8HDHOME DEPOT INCCOM0.91%$2M5.3K
9NVDANVIDIA CORPORATIONCOM0.77%$1M1.8K
10MSFTMICROSOFT CORPCOM0.75%$1M5.1K
11NKENIKE INCCL B0.72%$1M8.6K
12ZTSZOETIS INCCL A0.72%$1M7.1K
13SCHJSCHWAB STRATEGIC TR1 5YR CORP BD · SCHWB FDT INT LG0.71%$1M28.2K
14ISRGINTUITIVE SURGICAL INCCOM NEW0.71%$1M1.4K
15AMZNAMAZON COM INCCOM0.70%$1M378
16GOOGLALPHABET INCCAP STK CL A0.70%$1M531
17PYPLPAYPAL HLDGS INCCOM0.69%$1M4.4K
18DHRDANAHER CORPORATIONCOM0.69%$1M4.8K
19SNPSSYNOPSYS INCCOM0.68%$1M4.6K
20WSTWEST PHARMACEUTICAL SVSC INCCOM0.67%$1M3.5K
21AVGOBROADCOM INCCOM0.66%$1M2.6K
22LOWLOWES COS INCCOM0.65%$1M6.2K
23JNJJOHNSON & JOHNSONCOM0.63%$1M7.1K
24DBXDROPBOX INCCL A0.62%$1M37.7K
25TSLATESLA INCCOM0.61%$1M1.7K
26XYZSQUARE INCCL A0.61%$1M4.7K
27EPAMEPAM SYS INCCOM0.56%$1M2.0K
28EXPDEXPEDITORS INTL WASH INCCOM0.56%$1M8.2K
29JPMJPMORGAN CHASE & COCOM0.54%$991,0006.4K
30PACIFIC PREMIER BANCORPCOM0.52%$964,00022.8K
31TGTTARGET CORPCOM0.48%$883,0003.7K
32GRMNGARMIN LTDSHS0.46%$843,0005.8K
33UPSUNITED PARCEL SERVICE INCCL B0.44%$807,0003.9K
34VZVERIZON COMMUNICATIONS INCCOM0.44%$807,00014.4K
35FASTFASTENAL COCOM0.43%$799,00015.4K
36BLACKROCK INCCOM0.42%$774,000885
37PFEPFIZER INCCOM0.42%$773,00019.7K
38KLACKLA CORPCOM NEW0.41%$766,0002.4K
39WSMWILLIAMS SONOMA INCCOM0.37%$685,0004.3K
40NEMNEWMONT CORPCOM0.37%$677,00010.7K
41NEENEXTERA ENERGY INCCOM0.36%$670,0009.1K
42SYNOVUS FINL CORPCOM NEW0.36%$663,00015.1K
43FITBFIFTH THIRD BANCORPCOM0.34%$628,00016.4K
44SPYMSPDR SER TRPORTFOLIO S&P5000.33%$604,00012.0K
45M D C HLDGS INCCOM0.32%$600,00011.9K
46MSCIMSCI INCCOM0.32%$586,0001.1K
47INTUINTUITCOM0.31%$571,0001.2K
48UNPUNION PAC CORPCOM0.31%$568,0002.6K
49MEDMEDIFAST INCCOM0.30%$552,0002.0K
50GNRCGENERAC HLDGS INCCOM0.29%$536,0001.3K
51ADBEADOBE SYSTEMS INCORPORATEDCOM0.29%$531,000907
52IDXXIDEXX LABS INCCOM0.28%$520,000824
53AMATAPPLIED MATLS INCCOM0.27%$492,0003.5K
54ORLYOREILLY AUTOMOTIVE INCCOM0.27%$491,000867
55TMUST-MOBILE US INCCOM0.26%$487,0003.4K
56FTNTFORTINET INCCOM0.26%$478,0002.0K
57TMOTHERMO FISHER SCIENTIFIC INCCOM0.26%$477,000945
58CPRTCOPART INCCOM0.26%$472,0003.6K
59METAFACEBOOK INCCL A0.25%$465,0001.3K
60LAM RESEARCH CORPCOM0.24%$435,000668
61MLMMARTIN MARIETTA MATLS INCCOM0.23%$434,0001.2K
62ARCCARES CAPITAL CORPCOM0.20%$374,00019.1K
63WALWESTERN ALLIANCE BANCORPCOM0.17%$309,0003.3K
64PGPROCTER AND GAMBLE COCOM0.16%$297,0002.2K
65ETNEATON CORP PLCSHS0.14%$265,0001.8K
66COMTISHARES U S ETF TRGSCI CMDTY STGY0.14%$261,0007.6K
67XSOEWISDOMTREE TREM EX ST-OWNED0.13%$248,0005.9K
68CVXCHEVRON CORP NEWCOM0.13%$244,0002.3K
69PLTRPALANTIR TECHNOLOGIES INCCL A0.13%$242,0009.2K
70VCITVANGUARD SCOTTSDALE FDSINT-TERM CORP0.13%$235,0002.5K
71ABBVABBVIE INCCOM0.12%$225,0002.0K
72ZIONZIONS BANCORPORATION N ACOM0.12%$223,0004.2K
73FATEFATE THERAPEUTICS INCCOM0.12%$217,0002.5K
74COLBCOLUMBIA BKG SYS INCCOM0.11%$212,0005.5K
75CFGCITIZENS FINL GROUP INCCOM0.11%$208,0004.5K
76FTFRANKLIN UNVL TRSH BEN INT0.06%$119,00014.4K
77NGLNGL ENERGY PARTNERS LPCOM UNIT REPST0.04%$76,00031.8K
78PIMPUTNAM MASTER INTER INCOME TSH BEN INT0.03%$57,00013.5K

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 ↗.