Managers / Q4 2024 · view latest →
FMB WEALTH MANAGEMENT
CIK 0002040224 · 100 N WESTLAKE BLVD, STE 201, WESTLAKE VILLAGE, CA, 91362-3764 · 805-446-4494
Summary
Fmb Wealth Management reported $178M in U.S.-listed holdings across 89 positions for Q4 2024.
The portfolio is heavily concentrated: DFAC alone accounts for 69.5% of reported value.
Compared with Q3 2024, the fund opened 2 new positions and exited 10.
Portfolio Metrics
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
Portfolio Composition
- ETP · 88.4% · $157M
- Common Stock · 11.2% · $20M
- ADR · 0.4% · $774,867
Quarter-over-Quarter Changes full breakdown →
vs Q3 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| DFAWDIMENSIONAL ETF TRUST | NEW | +4.6K | 4.6K | +$284,646 | $284,646 |
| DISDISNEY WALT CO | NEW | +1.9K | 1.9K | +$212,284 | $212,284 |
| PAIWESTERN ASSET INVESTMENT GRA | SOLD OUT | −19.8K | 0 | −$254,924 | $0 |
| AVREAMERICAN CENTY ETF TR | SOLD OUT | −4.9K | 0 | −$232,617 | $0 |
| NEENEXTERA ENERGY INC | SOLD OUT | −2.7K | 0 | −$231,866 | $0 |
| LLYELI LILLY & CO | SOLD OUT | −252 | 0 | −$223,256 | $0 |
| JNJJOHNSON & JOHNSON | SOLD OUT | −1.3K | 0 | −$214,183 | $0 |
| XLKSELECT SECTOR SPDR TR | SOLD OUT | −945 | 0 | −$213,244 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | DFACDIMENSIONAL ETF TRUST | US CORE EQUITY 2 · DIMENSIONAL US · DIMENSIONAL INTL · US CORE EQT MKT · US EQUITY MARKET · WORLD EX US CORE · US TARGETED VLU · INTL CORE EQT MK · US SMALL CAP ETF · US MKTWIDE VALUE · EMGR CRE EQT MNG · SHORT DURATION F · INTL CORE EQUITY · INTERNATNAL VAL · US CORE EQUITY 1 · ULTRASHORT FIXED · US REAL ESTATE E · INFLATION PROTE · EMERGING MKTS CO · US SMALL CAP VAL · CALIF MUN BD ETF · WORLD EQUITY ETF · CORE FIXED INCOM | 69.55% | $123M | 3.12M |
| 2 | AVUSAMERICAN CENTY ETF TR | US EQT ETF · AVANTIS ALL EQT · INTL EQT ETF · US SML CP VALU · INTL SMCP VLU · AVANTIS EMGMKT · AVANTIS RESPON U · EMERGING MKT VAL | 13.67% | $24M | 304.8K |
| 3 | AAPLAPPLE INChistory → | COM | 2.62% | $5M | 18.6K |
| 4 | IWRISHARES TR | RUS MID CAP ETF · CORE S&P500 ETF · CORE S&P SCP ETF · MORNINGSTR US EQ | 2.14% | $4M | 29.5K |
| 5 | NVDANVIDIA CORPORATIONhistory → | COM | 1.61% | $3M | 21.2K |
| 6 | SPYSPDR S&P 500 ETF TRhistory → | TR UNIT | 1.25% | $2M | 3.8K |
| 7 | AMGNAMGEN INChistory → | COM | 1.04% | $2M | 7.1K |
| 8 | MSFTMICROSOFT CORP | COM | 0.78% | $1M | 3.3K |
| 9 | GOOGLALPHABET INC | CAP STK CL A · CAP STK CL C | 0.77% | $1M | 7.2K |
| 10 | SPDR INDEX SHS FDS | GLB NAT RESRCE | 0.61% | $1M | 21.8K |
| 11 | QQQINVESCO QQQ TR | UNIT SER 1 | 0.55% | $976,680 | 1.9K |
| 12 | AMZNAMAZON COM INC | COM | 0.50% | $878,996 | 4.0K |
| 13 | TSLATESLA INC | COM | 0.49% | $878,761 | 2.2K |
| 14 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW | 0.44% | $776,015 | 1.7K |
| 15 | METAMETA PLATFORMS INC | CL A | 0.42% | $745,354 | 1.3K |
| 16 | CVXCHEVRON CORP NEW | COM | 0.35% | $626,148 | 4.3K |
| 17 | TSMTAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 0.29% | $520,979 | 2.6K |
| 18 | AVGOBROADCOM INC | COM | 0.29% | $519,638 | 2.2K |
| 19 | NFLXNETFLIX INC | COM | 0.28% | $495,574 | 556 |
| 20 | SCHFSCHWAB STRATEGIC TR | INTL EQTY ETF | 0.28% | $494,912 | 26.8K |
| 21 | ANABANAPTYSBIO INC | COM | 0.27% | $471,238 | 35.6K |
| 22 | BABOEING CO | COM | 0.20% | $363,735 | 2.1K |
| 23 | EXMOCEXXON MOBIL CORP | COM | 0.17% | $305,951 | 2.8K |
| 24 | VTIPVANGUARD MALVERN FDS | STRM INFPROIDX | 0.17% | $299,429 | 6.2K |
| 25 | JPMJPMORGAN CHASE & CO. | COM | 0.17% | $297,104 | 1.2K |
| 26 | ROKROCKWELL AUTOMATION INC | COM | 0.16% | $286,933 | 1.0K |
| 27 | HDHOME DEPOT INC | COM | 0.15% | $275,066 | 707 |
| 28 | VTIVANGUARD INDEX FDS | TOTAL STK MKT | 0.15% | $263,559 | 909 |
| 29 | NVONOVO-NORDISK A S | ADR | 0.12% | $221,759 | 2.6K |
| 30 | PGPROCTER AND GAMBLE CO | COM | 0.12% | $221,188 | 1.3K |
| 31 | ASMLFASML HOLDING N V | N Y REGISTRY SHS | 0.12% | $221,093 | 319 |
| 32 | DISDISNEY WALT CO | COM | 0.12% | $212,284 | 1.9K |
| 33 | COSTCOSTCO WHSL CORP NEW | COM | 0.12% | $211,658 | 231 |
| 34 | LYGLLOYDS BANKING GROUP PLC | SPONSORED ADR | 0.02% | $32,129 | 11.8K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $242M | 98 | Apr 16, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $253M | 128 | Jan 22, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $236M | 126 | Oct 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $210M | 117 | Jul 18, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $181M | 103 | Apr 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $178M | 89 | Jan 29, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $177M | 102 | Nov 4, 2024 | 13F-HR | changes · 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 ↗.