Managers / Q1 2025 · 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 $181M in U.S.-listed holdings across 103 positions for Q1 2025.
Its largest position, DFAC, represents 15.6% of the portfolio.
Compared with Q4 2024, the fund opened 9 new positions and exited 1.
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. 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 · 88.3% · $160M
- Common Stock · 11.2% · $20M
- ADR · 0.4% · $713,715
- Other · 0.1% · $211,379
- Closed-End Fund · 0.0% · $76,759
Quarter-over-Quarter Changes full breakdown →
vs Q4 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| BACBANK AMERICA CORP | NEW | +8.7K | 8.7K | +$362,759 | $362,759 |
| IBMINTERNATIONAL BUSINESS MACHS | NEW | +1.1K | 1.1K | +$278,821 | $278,821 |
| JNJJOHNSON & JOHNSON | NEW | +1.4K | 1.4K | +$232,944 | $232,944 |
| CRWDCROWDSTRIKE HLDGS INC | NEW | +656 | 656 | +$231,293 | $231,293 |
| SHELSHELL PLC | NEW | +3.1K | 3.1K | +$230,685 | $230,685 |
| AMERICAN CENTY ETF TR | NEW | +5.3K | 5.3K | +$226,534 | $226,534 |
| TAT&T INC | NEW | +7.5K | 7.5K | +$210,943 | $210,943 |
| LLYELI LILLY & CO | NEW | +252 | 252 | +$208,129 | $208,129 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | DFACDIMENSIONAL ETF TRUST | US CORE EQUITY 2 · DIMENSIONAL US · DIMENSIONAL INTL · WORLD EX US CORE · US CORE EQT MKT · US EQUITY MARKET · US TARGETED VLU · INTL CORE EQT MK · SHORT DURATION F · US MKTWIDE VALUE · US SMALL CAP ETF · INTL CORE EQUITY · EMGR CRE EQT MNG · 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 | 68.98% | $125M | 3.25M |
| 2 | AMERICAN CENTY ETF TR | US EQT ETF · AVANTIS ALL EQT · INTL EQT ETF · US SML CP VALU · INTL SMCP VLU · AVANTIS EMGMKT · AVANTIS RESPON U | 13.62% | $25M | 310.2K |
| 3 | AAPLAPPLE INChistory → | COM | 2.14% | $4M | 17.4K |
| 4 | ISHARES TR | RUS MID CAP ETF · CORE S&P500 ETF · CORE S&P SCP ETF | 1.88% | $3M | 26.3K |
| 5 | SPDR S&P 500 ETF TR | TR UNIT | 1.18% | $2M | 3.8K |
| 6 | AMGNAMGEN INChistory → | COM | 1.17% | $2M | 6.8K |
| 7 | NVDANVIDIA CORPORATIONhistory → | COM | 1.13% | $2M | 18.8K |
| 8 | CHVCHEVRON CORP NEW | COM | 0.70% | $1M | 7.6K |
| 9 | MSFTMICROSOFT CORP | COM | 0.69% | $1M | 3.3K |
| 10 | NDQINVESCO QQQ TR | UNIT SER 1 | 0.65% | $1M | 2.5K |
| 11 | SPDR INDEX SHS FDS | GLB NAT RESRCE | 0.64% | $1M | 21.8K |
| 12 | ANABANAPTYSBIO INC | COM | 0.37% | $661,655 | 35.6K |
| 13 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW | 0.31% | $564,002 | 1.1K |
| 14 | SCHWAB STRATEGIC TR | INTL EQTY ETF | 0.29% | $529,155 | 26.8K |
| 15 | AMZNAMAZON COM INC | COM | 0.28% | $510,848 | 2.7K |
| 16 | TSMTAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 0.24% | $437,908 | 2.6K |
| 17 | TSLATESLA INC | COM | 0.23% | $419,065 | 1.6K |
| 18 | NFLXNETFLIX INC | COM | 0.23% | $408,448 | 438 |
| 19 | METAMETA PLATFORMS INC | CL A | 0.22% | $404,605 | 702 |
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 ↗.