SEC 13F Intelligence

Managers / Q4 2021 · view latest →

WESTERN FINANCIAL Corp

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

Reported Value
$191M
Q4 2021
Positions
86
Filings on Record
8
2019–present window
Filed
Jan 19, 2022
original filing

Summary

Western Financial Corp reported $191M in U.S.-listed holdings across 86 positions for Q4 2021.

The portfolio is heavily concentrated: ARWR alone accounts for 28.5% of reported value.

Compared with Q3 2021, the fund opened 5 new positions and exited 7.

Portfolio Metrics

Turnover
+3.2%
vs prior filed quarter
Top-10 Concentration
+70.4%
share of reported value
Largest Position
+28.5%
Arrowhead Pharmaceuticals In
New / Exited
5 / 7
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: 87.7%ETP: 11.8%Other: 0.4%MLP: 0.0%
  • Common Stock · 87.7% · $167M
  • ETP · 11.8% · $23M
  • Other · 0.4% · $771,000
  • MLP · 0.0% · $58,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
QCOMQUALCOMM INCNEW+8.4K8.4K+$2M$2M
AMDADVANCED MICRO DEVICES INCNEW+9.6K9.6K+$1M$1M
ODFLOLD DOMINION FREIGHT LINE INNEW+3.7K3.7K+$1M$1M
TSCOTRACTOR SUPPLY CONEW+3.0K3.0K+$721,000$721,000
WDWALKER & DUNLOP INCNEW+4.8K4.8K+$717,000$717,000
ISRGINTUITIVE SURGICAL INCADDED+3.3K4.6K+$340,000$2M
XYZSQUARE INCSOLD OUT−4.9K0−$1M$0
DBXDROPBOX INCSOLD OUT−40.0K0−$1M$0

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

Holdings — Q4 2021

70 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ARWRARROWHEAD PHARMACEUTICALS INhistory →COM28.54%$54M820.3K
2EFSCENTERPRISE FINL SVCS CORPhistory →COM21.75%$41M880.3K
3ISHARES TRMBS ETF · ISHS 1-5YR INVS · IBOXX HI YD ETF · TIPS BD ETF · ESG AWR MSCI USA · US TREAS BD ETF · JPMORGAN USD EMG · 0-5YR HI YL CP · FALN ANGLS USD · CORE TOTAL USD · CORE S&P500 ETF · EAFE VALUE ETF · EAFE GRWTH ETF · MSCI USA VALUE · CORE MSCI TOTAL10.36%$20M293.6K
4PACWUSDPACWEST BANCORP DELhistory →COM2.38%$5M100.6K
5WFCWELLS FARGO CO NEWhistory →COM2.30%$4M91.5K
6AAPLAPPLE INChistory →COM1.21%$2M12.9K
7AVGOBROADCOM INCCOM0.98%$2M2.8K
8HDHOME DEPOT INCCOM0.98%$2M4.5K
9ZTSZOETIS INCCL A0.97%$2M7.6K
10MSFTMICROSOFT CORPCOM0.94%$2M5.3K
11LOWLOWES COS INCCOM0.91%$2M6.7K
12NVDANVIDIA CORPORATIONCOM0.89%$2M5.8K
13GOOGLALPHABET INCCAP STK CL A0.89%$2M586
14SNPSSYNOPSYS INCCOM0.88%$2M4.6K
15SCHWAB STRATEGIC TR1 5YR CORP BD · US TIPS ETF · SCHWB FDT INT LG0.88%$2M33.4K
16DHRDANAHER CORPORATIONCOM0.88%$2M5.1K
17ISRGINTUITIVE SURGICAL INCCOM NEW0.87%$2M4.6K
18TSLATESLA INCCOM0.87%$2M1.6K
19WSTWEST PHARMACEUTICAL SVSC INCCOM0.86%$2M3.5K
20NKENIKE INCCL B0.85%$2M9.8K
21EPAMEPAM SYS INCCOM0.81%$2M2.3K
22QCOMQUALCOMM INCCOM0.81%$2M8.4K
23AMZNAMAZON COM INCCOM0.81%$2M461
24EXPDEXPEDITORS INTL WASH INCCOM0.80%$2M11.3K
25PFEPFIZER INCCOM0.74%$1M24.0K
26AMDADVANCED MICRO DEVICES INCCOM0.72%$1M9.6K
27ODFLOLD DOMINION FREIGHT LINE INCOM0.69%$1M3.7K
28JPMJPMORGAN CHASE & COCOM0.59%$1M7.1K
29FASTFASTENAL COCOM0.55%$1M16.3K
30KLACKLA CORPCOM NEW0.54%$1M2.4K
31JNJJOHNSON & JOHNSONCOM0.51%$970,0005.7K
32UPSUNITED PARCEL SERVICE INCCL B0.50%$958,0004.5K
33DYHTARGET CORPCOM0.49%$936,0004.0K
34BLKCHFBLACKROCK INCCOM0.48%$917,0001.0K
35NEENEXTERA ENERGY INCCOM0.48%$910,0009.7K
36CNSCOHEN & STEERS INCCOM0.46%$885,0009.6K
37SYU1SYNOVUS FINL CORPCOM NEW0.45%$863,00018.0K
38SPDR SER TRPORTFOLIO S&P5000.45%$856,00015.3K
39LF2PACIFIC PREMIER BANCORPCOM0.44%$847,00021.2K
40FITBFIFTH THIRD BANCORPCOM0.44%$839,00019.3K
41WSMWILLIAMS SONOMA INCCOM0.42%$802,0004.7K
42DKSDICKS SPORTING GOODS INCCOM0.41%$783,0006.8K
43FTNTFORTINET INCCOM0.41%$778,0002.2K
44JANUS HENDERSON GROUP PLCORD SHS0.40%$771,00018.4K
45INTUINTUITCOM0.40%$768,0001.2K
46BACVERIZON COMMUNICATIONS INCCOM0.40%$764,00014.7K
47MLMMARTIN MARIETTA MATLS INCCOM0.39%$748,0001.7K
48MSCIMSCI INCCOM0.39%$735,0001.2K
49TMOTHERMO FISHER SCIENTIFIC INCCOM0.38%$731,0001.1K
50ORLYOREILLY AUTOMOTIVE INCCOM0.38%$730,0001.0K
51TSCOTRACTOR SUPPLY COCOM0.38%$721,0003.0K
52WDWALKER & DUNLOP INCCOM0.38%$717,0004.8K
53AMATAPPLIED MATLS INCCOM0.37%$714,0004.5K
54IDXXIDEXX LABS INCCOM0.37%$709,0001.1K
55ITGARTNER INCCOM0.36%$678,0002.0K
56METAMETA PLATFORMS INCCL A0.36%$677,0002.0K
57LRCXEURLAM RESEARCH CORPCOM0.35%$676,000940
58CPRTCOPART INCCOM0.35%$675,0004.5K
59GNRCGENERAC HLDGS INCCOM0.33%$636,0001.8K
60ADBEADOBE SYSTEMS INCORPORATEDCOM0.33%$635,0001.1K
61ARCCARES CAPITAL CORPCOM0.22%$420,00019.8K
62PGPROCTER AND GAMBLE COCOM0.19%$360,0002.2K
63VANGUARD SCOTTSDALE FDSINT-TERM CORP0.15%$291,0003.1K
64CFGCITIZENS FINL GROUP INCCOM0.15%$287,0006.1K
65COLBCOLUMBIA BKG SYS INCCOM0.15%$282,0008.6K
66WEAWESTERN ALLIANCE BANCORPCOM0.15%$282,0002.6K
67CHVCHEVRON CORP NEWCOM0.14%$276,0002.4K
68FFWMFIRST FNDTN INCCOM0.14%$273,00011.0K
69ZIONZIONS BANCORPORATION N ACOM0.14%$270,0004.3K
70NGLNGL ENERGY PARTNERS LPCOM UNIT REPST0.03%$58,00031.8K

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 ↗.