SEC 13F Intelligence

Managers / Q1 2022 · view latest →

WESTERN FINANCIAL Corp

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

Reported Value
$172M
Q1 2022
Positions
92
Filings on Record
8
2019–present window
Filed
Apr 22, 2022
original filing

Summary

Western Financial Corp reported $172M in U.S.-listed holdings across 92 positions for Q1 2022.

The portfolio is heavily concentrated: EFSC alone accounts for 23.5% of reported value.

Compared with Q4 2021, the fund opened 24 new positions and exited 18.

Portfolio Metrics

Turnover
+14.3%
vs prior filed quarter
Top-10 Concentration
+66.8%
share of reported value
Largest Position
+23.5%
Enterprise Finl Svcs
New / Exited
24 / 18
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: 85.3%ETP: 14.0%REIT: 0.3%Other: 0.3%MLP: 0.0%
  • Common Stock · 85.3% · $147M
  • ETP · 14.0% · $24M
  • REIT · 0.3% · $590,000
  • Other · 0.3% · $468,000
  • MLP · 0.0% · $71,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
COSTCOSTCO WHSL CORP NEWNEW+2.6K2.6K+$2M$2M
PIONEER NAT RES CONEW+5.2K5.2K+$1M$1M
SCHZSCHWAB STRATEGIC TRNEW+23.2K23.2K+$1M$1M
KRKROGER CONEW+15.8K15.8K+$908,000$908,000
EXMOCEXXON MOBIL CORPNEW+11.0K11.0K+$908,000$908,000
ADMARCHER DANIELS MIDLAND CONEW+9.9K9.9K+$893,000$893,000
MCKMCKESSON CORPNEW+2.9K2.9K+$885,000$885,000
FANGDIAMONDBACK ENERGY INCNEW+6.0K6.0K+$828,000$828,000

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

Holdings — Q1 2022

76 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1EFSCENTERPRISE FINL SVCS CORPhistory →COM23.49%$40M855.2K
2ARWRARROWHEAD PHARMACEUTICALS INhistory →COM21.90%$38M820.3K
3GOVTISHARES TRUS TREAS BD ETF · 0-5YR HI YL CP · TIPS BD ETF · MBS ETF · FALN ANGLS USD · ESG AWR MSCI USA · CORE TOTAL USD · ISHS 1-5YR INVS · EAFE VALUE ETF · EAFE GRWTH ETF10.37%$18M461.2K
4WFCWELLS FARGO CO NEWhistory →COM2.58%$4M91.5K
5PACWEST BANCORP DELCOM2.52%$4M100.7K
6BSCRINVESCO EXCH TRD SLF IDX FDBULSHS 2025 CB · BULSHS 2027 CB · BULSHS 2026 CB · BULSHS 2024 CB · BULSHS 2023 CB1.36%$2M113.5K
7AAPLAPPLE INChistory →COM1.31%$2M12.9K
8SCHZSCHWAB STRATEGIC TRUS AGGREGATE B · US TIPS ETF · SCHWB FDT INT LG · US SML CAP ETF1.22%$2M43.1K
9SPYMSPDR SER TRhistory →PORTFOLIO S&P5001.07%$2M34.7K
10NVDANVIDIA CORPORATIONhistory →COM1.02%$2M6.5K
11AVGOBROADCOM INChistory →COM1.02%$2M2.8K
12MSFTMICROSOFT CORPhistory →COM1.02%$2M5.7K
13GOOGLALPHABET INCCAP STK CL A0.98%$2M607
14TSLATESLA INCCOM0.95%$2M1.5K
15AMZNAMAZON COM INCCOM0.95%$2M500
16DHRDANAHER CORPORATIONCOM0.94%$2M5.5K
17SNPSSYNOPSYS INCCOM0.94%$2M4.8K
18WSTWEST PHARMACEUTICAL SVSC INCCOM0.88%$2M3.7K
19ZTSZOETIS INCCL A0.88%$2M8.0K
20COSTCOSTCO WHSL CORP NEWCOM0.88%$2M2.6K
21QCOMQUALCOMM INCCOM0.88%$2M9.9K
22HDHOME DEPOT INCCOM0.87%$1M5.0K
23LOWLOWES COS INCCOM0.85%$1M7.2K
24ODFLOLD DOMINION FREIGHT LINE INCOM0.77%$1M4.5K
25PIONEER NAT RES COCOM0.76%$1M5.2K
26AMDADVANCED MICRO DEVICES INCCOM0.75%$1M11.8K
27PFEPFIZER INCCOM0.73%$1M24.2K
28FASTFASTENAL COCOM0.64%$1M18.5K
29JNJJOHNSON & JOHNSONCOM0.64%$1M6.2K
30UPSUNITED PARCEL SERVICE INCCL B0.63%$1M5.0K
31TGTTARGET CORPCOM0.59%$1M4.8K
32CNSCOHEN & STEERS INCCOM0.58%$1M11.7K
33KLACKLA CORPCOM NEW0.58%$999,0002.7K
34FITBFIFTH THIRD BANCORPCOM0.56%$957,00022.2K
35NEENEXTERA ENERGY INCCOM0.55%$941,00011.1K
36SYNOVUS FINL CORPCOM NEW0.54%$925,00018.9K
37KRKROGER COCOM0.53%$908,00015.8K
38EXMOCEXXON MOBIL CORPCOM0.53%$908,00011.0K
39ADMARCHER DANIELS MIDLAND COCOM0.52%$893,0009.9K
40MCKMCKESSON CORPCOM0.51%$885,0002.9K
41WDWALKER & DUNLOP INCCOM0.48%$830,0006.4K
42WSMWILLIAMS SONOMA INCCOM0.48%$829,0005.7K
43FANGDIAMONDBACK ENERGY INCCOM0.48%$828,0006.0K
44COPCONOCOPHILLIPSCOM0.44%$756,0007.6K
45VZVERIZON COMMUNICATIONS INCCOM0.43%$749,00014.7K
46TSCOTRACTOR SUPPLY COCOM0.43%$741,0003.2K
47PACIFIC PREMIER BANCORPCOM0.43%$736,00020.8K
48ISRGINTUITIVE SURGICAL INCCOM NEW0.42%$723,0002.4K
49FTNTFORTINET INCCOM0.41%$703,0002.1K
50ORLYOREILLY AUTOMOTIVE INCCOM0.38%$651,000950
51JBHTHUNT J B TRANS SVCS INCCOM0.37%$639,0003.2K
52MLMMARTIN MARIETTA MATLS INCCOM0.36%$626,0001.6K
53TMOTHERMO FISHER SCIENTIFIC INCCOM0.35%$610,0001.0K
54ITGARTNER INCCOM0.35%$596,0002.0K
55ENPHENPHASE ENERGY INCCOM0.35%$595,0002.9K
56PSAPUBLIC STORAGECOM0.34%$590,0001.5K
57PANWPALO ALTO NETWORKS INCCOM0.34%$579,000930
58EXPEEXPEDIA GROUP INCCOM NEW0.33%$569,0002.9K
59AMATAPPLIED MATLS INCCOM0.33%$566,0004.3K
60AZOAUTOZONE INCCOM0.33%$562,000275
61INTUINTUITCOM0.32%$550,0001.1K
62MSCIMSCI INCCOM0.31%$537,0001.1K
63CPRTCOPART INCCOM0.31%$537,0004.3K
64ARCCARES CAPITAL CORPCOM0.25%$424,00020.3K
65CVXCHEVRON CORP NEWCOM0.23%$396,0002.4K
66PGPROCTER AND GAMBLE COCOM0.20%$336,0002.2K
67ZIONZIONS BANCORPORATION N ACOM0.16%$281,0004.3K
68JPMJPMORGAN CHASE & COCOM0.16%$271,0002.0K
69XSOEWISDOMTREE TREM EX ST-OWNED0.15%$257,0007.9K
70FFWMFIRST FNDTN INCCOM0.15%$254,00010.5K
71XLESELECT SECTOR SPDR TRENERGY0.14%$235,0003.1K
72COLBCOLUMBIA BKG SYS INCCOM0.14%$235,0007.3K
73CFGCITIZENS FINL GROUP INCCOM0.13%$227,0005.0K
74WALWESTERN ALLIANCE BANCORPCOM0.13%$218,0002.6K
75UNHUNITEDHEALTH GROUP INCCOM0.12%$214,000419
76NGLNGL ENERGY PARTNERS LPCOM UNIT REPST0.04%$71,00031.8K

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 ↗.