SEC 13F Intelligence

Managers / Q3 2022

WESTERN FINANCIAL Corp

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

Reported Value
$143M
Q3 2022
Positions
93
Filings on Record
8
2019–present window
Filed
Nov 4, 2022
original filing

Summary

Western Financial Corp reported $143M in U.S.-listed holdings across 93 positions for Q3 2022.

The portfolio is heavily concentrated: EFSC alone accounts for 25.5% of reported value.

Compared with Q2 2022, the fund opened 14 new positions and exited 13.

Portfolio Metrics

Turnover
+9.8%
vs prior filed quarter
Top-10 Concentration
+65.3%
share of reported value
Largest Position
+25.5%
Enterprise Finl Svcs
New / Exited
14 / 13
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: 84.6%ETP: 14.0%Other: 0.9%REIT: 0.4%
  • Common Stock · 84.6% · $121M
  • ETP · 14.0% · $20M
  • Other · 0.9% · $1M
  • REIT · 0.4% · $603,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CTVACORTEVA INCNEW+13.1K13.1K+$750,000$750,000
NOCNORTHROP GRUMMAN CORPNEW+1.5K1.5K+$728,000$728,000
DVNDEVON ENERGY CORP NEWNEW+11.5K11.5K+$690,000$690,000
ALBALBEMARLE CORPNEW+2.6K2.6K+$676,000$676,000
DGDOLLAR GEN CORP NEWNEW+2.8K2.8K+$661,000$661,000
CDNSCADENCE DESIGN SYSTEM INCNEW+3.8K3.8K+$616,000$616,000
CNCCENTENE CORP DELNEW+7.8K7.8K+$609,000$609,000
LNGCHENIERE ENERGY INCNEW+3.7K3.7K+$606,000$606,000

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

Holdings — Q3 2022

79 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1EFSCENTERPRISE FINL SVCS CORPhistory →COM25.51%$36M828.4K
2ARWRARROWHEAD PHARMACEUTICALS INhistory →COM18.96%$27M820.3K
3GOVTISHARES TRUS TREAS BD ETF · 0-5YR HI YL CP · TIPS BD ETF · ESG AWR MSCI USA · MBS ETF · FALN ANGLS USD · CORE TOTAL USD · EAFE GRWTH ETF · ISHS 1-5YR INVS · EAFE VALUE ETF10.22%$15M427.9K
4WFCWELLS FARGO CO NEWhistory →COM2.57%$4M91.5K
5BSCQINVESCO EXCH TRD SLF IDX FDBULSHS 2026 CB · BULSHS 2023 CB · BULSHS 2025 CB · BULSHS 2027 CB · BULSHS 2024 CB1.72%$2M125.4K
6PACWEST BANCORP DELCOM1.63%$2M102.8K
7AAPLAPPLE INChistory →COM1.28%$2M13.3K
8SPYMSPDR SER TRhistory →PORTFOLIO S&P5001.18%$2M40.2K
9SCHZSCHWAB STRATEGIC TRUS AGGREGATE B · US TIPS ETF1.10%$2M33.5K
10COSTCOSTCO WHSL CORP NEWhistory →COM1.09%$2M3.3K
11MSFTMICROSOFT CORPhistory →COM1.02%$1M6.2K
12HDHOME DEPOT INCCOM0.98%$1M5.1K
13DHRDANAHER CORPORATIONCOM0.96%$1M5.3K
14SNPSSYNOPSYS INCCOM0.94%$1M4.4K
15AVGOBROADCOM INCCOM0.89%$1M2.9K
16PANWPALO ALTO NETWORKS INCCOM0.89%$1M7.8K
17FANGDIAMONDBACK ENERGY INCCOM0.89%$1M10.5K
18GOOGLALPHABET INCCAP STK CL A0.86%$1M12.9K
19AZOAUTOZONE INCCOM0.86%$1M575
20PIONEER NAT RES COCOM0.85%$1M5.6K
21LLYLILLY ELI & COCOM0.75%$1M3.3K
22PFEPFIZER INCCOM0.75%$1M24.4K
23UNHUNITEDHEALTH GROUP INCCOM0.72%$1M2.0K
24EXMOCEXXON MOBIL CORPCOM0.63%$905,00010.4K
25COPCONOCOPHILLIPSCOM0.63%$897,0008.8K
26JNJJOHNSON & JOHNSONCOM0.62%$880,0005.4K
27MCKMCKESSON CORPCOM0.60%$852,0002.5K
28ABBVABBVIE INCCOM0.60%$851,0006.3K
29EXCEXELON CORPCOM0.59%$845,00022.5K
30ADMARCHER DANIELS MIDLAND COCOM0.59%$843,00010.5K
31CTVACORTEVA INCCOM0.52%$750,00013.1K
32ZTSZOETIS INCCL A0.51%$734,0004.9K
33ELVELEVANCE HEALTH INCCOM0.51%$732,0001.6K
34NOCNORTHROP GRUMMAN CORPCOM0.51%$728,0001.5K
35NEENEXTERA ENERGY INCCOM0.51%$726,0009.3K
36HSYHERSHEY COCOM0.49%$705,0003.2K
37OXYOCCIDENTAL PETE CORPCOM0.49%$700,00011.4K
38MPCMARATHON PETE CORPCOM0.49%$700,0007.0K
39DVNDEVON ENERGY CORP NEWCOM0.48%$690,00011.5K
40TSCOTRACTOR SUPPLY COCOM0.47%$678,0003.6K
41ALBALBEMARLE CORPCOM0.47%$676,0002.6K
42UPSUNITED PARCEL SERVICE INCCL B0.47%$668,0004.1K
43REGNREGENERON PHARMACEUTICALSCOM0.46%$663,000963
44DGDOLLAR GEN CORP NEWCOM0.46%$661,0002.8K
45ORLYOREILLY AUTOMOTIVE INCCOM0.46%$654,000930
46KLACKLA CORPCOM NEW0.46%$653,0002.2K
47ITGARTNER INCCOM0.45%$650,0002.4K
48PACIFIC PREMIER BANCORPCOM0.45%$645,00020.8K
49EOGEOG RES INCCOM0.45%$644,0005.8K
50ARISTA NETWORKS INCCOM0.44%$636,0005.6K
51AIGAMERICAN INTL GROUP INCCOM NEW0.44%$625,00013.2K
52CDNSCADENCE DESIGN SYSTEM INCCOM0.43%$616,0003.8K
53CNCCENTENE CORP DELCOM0.43%$609,0007.8K
54JBHTHUNT J B TRANS SVCS INCCOM0.42%$607,0003.9K
55LNGCHENIERE ENERGY INCCOM NEW0.42%$606,0003.7K
56PSAPUBLIC STORAGECOM0.42%$603,0002.1K
57CTRACOTERRA ENERGY INCCOM0.42%$594,00022.7K
58ENPHENPHASE ENERGY INCCOM0.41%$581,0002.1K
59ULTAULTA BEAUTY INCCOM0.41%$581,0001.4K
60TMOTHERMO FISHER SCIENTIFIC INCCOM0.41%$581,0001.1K
61BACVERIZON COMMUNICATIONS INCCOM0.40%$573,00015.1K
62AON PLCSHS CL A0.40%$572,0002.1K
63MARMARRIOTT INTL INC NEWCL A0.38%$547,0003.9K
64ODFLOLD DOMINION FREIGHT LINE INCOM0.38%$544,0002.2K
65CPRTCOPART INCCOM0.38%$543,0005.1K
66CVXCHEVRON CORP NEWCOM0.37%$525,0003.7K
67ALNYALNYLAM PHARMACEUTICALS INCCOM0.36%$519,0002.6K
68SEAGEN INCCOM0.36%$515,0003.8K
69RBLXROBLOX CORPCL A0.35%$503,00014.0K
70MPWRMONOLITHIC PWR SYS INCCOM0.34%$483,0001.3K
71QCOMQUALCOMM INCCOM0.25%$361,0003.2K
72ARCCARES CAPITAL CORPCOM0.25%$359,00021.3K
73PGPROCTER AND GAMBLE COCOM0.19%$278,0002.2K
74GDGENERAL DYNAMICS CORPCOM0.19%$267,0001.3K
75EELVINVESCO EXCH TRADED FD TR IIS&P EMRNG MKTS0.16%$232,00011.0K
76ZIONZIONS BANCORPORATION N ACOM0.15%$217,0004.3K
77EATON CORP PLCSHS0.15%$211,0001.6K
78COLBCOLUMBIA BKG SYS INCCOM0.15%$211,0007.3K
79FFWMFIRST FNDTN INCCOM0.13%$188,00010.4K

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 ↗.