Western Financial Corporation 13F annual report

Western Financial Corporation is an investment fund managing more than $191 million ran by Richard Levenson. There are currently 70 companies in Mr. Levenson’s portfolio. The largest investments include Arrowhead Pharmaceuticals In and Enterprise Finl Svcs Corp, together worth $95.8 million.

Limited to 30 biggest holdings

$191 million Assets Under Management (AUM)

As of 12th January 2022, Western Financial Corporation’s top holding is 820,303 shares of Arrowhead Pharmaceuticals In currently worth over $54.4 million and making up 28.5% of the portfolio value. In addition, the fund holds 880,289 shares of Enterprise Finl Svcs Corp worth $41.5 million. The third-largest holding is Ishares Tr worth $19.7 million and the next is Pacwest Bancorp worth $4.55 million, with 100,625 shares owned.

Currently, Western Financial Corporation's portfolio is worth at least $191 million. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Western Financial Corporation

The Western Financial Corporation office and employees reside in San Diego, California. According to the last 13-F report filed with the SEC, Richard Levenson serves as the President, CEO & CIO at Western Financial Corporation.

Recent trades

In the most recent 13F filing, Western Financial Corporation revealed that it had opened a new position in Qualcomm and bought 8,416 shares worth $1.54 million. This means they effectively own approximately 0.1% of the company. Qualcomm makes up 9.5% of the fund's Technology sector allocation and has grown its share price by 9.2% in the past year.

The investment fund also strengthened its position in Enterprise Finl Svcs Corp by buying 74,696 additional shares. This makes their stake in Enterprise Finl Svcs Corp total 880,289 shares worth $41.5 million.

On the other hand, there are companies that Western Financial Corporation is getting rid of from its portfolio. Western Financial Corporation closed its position in Block Inc on 19th January 2022. It sold the previously owned 4,912 shares for $1.18 million. Richard Levenson also disclosed a decreased stake in Arrowhead Pharmaceuticals In by approximately 0.1%. This leaves the value of the investment at $54.4 million and 820,303 shares.

One of the smallest hedge funds

The two most similar investment funds to Western Financial Corporation are Dash Acquisitions and Vishria Bird. They manage $191 million and $191 million respectively.


Richard Levenson investment strategy

Western Financial Corporation’s portfolio is diversified across 11 sectors. Currently, their heaviest sector is Technology — making up 8.5% of the total portfolio value. The fund focuses on investments in the United States as 67.1% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 51% of the total holdings value. On the other hand, small-cap stocks make up only 4.3% of the portfolio. The average market cap of the portfolio companies is close to $294 billion.

The complete list of Western Financial Corporation trades based on 13F SEC filings

These positions were updated on January 19th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Arrowhead Pharmaceuticals In
0.00%
820,303
$54,386,000 28.54%
Enterprise Finl Svcs Corp
9.27%
880,289
$41,453,000 21.75%
Ishares Tr
3.94%
293,648
$19,740,000 10.36%
Pacwest Bancorp
4.97%
100,625
$4,545,000 2.38%
Wells Fargo Co New
0.20%
91,490
$4,390,000 2.30%
Apple Inc
1.59%
12,944
$2,298,000 1.21%
Broadcom Inc.
3.50%
2,811
$1,870,000 0.98%
Home Depot, Inc.
0.45%
4,479
$1,859,000 0.98%
Zoetis Inc
7.84%
7,565
$1,846,000 0.97%
Microsoft Corporation
6.05%
5,315
$1,788,000 0.94%
Lowes Cos Inc
4.01%
6,690
$1,729,000 0.91%
NVIDIA Corp
11.02%
5,779
$1,700,000 0.89%
Alphabet Inc
14.23%
586
$1,698,000 0.89%
Synopsys, Inc.
8.42%
4,571
$1,684,000 0.88%
Danaher Corp.
18.82%
5,076
$1,670,000 0.88%
Intuitive Surgical Inc
247.78%
4,622
$1,661,000 0.87%
Tesla Inc
11.44%
1,564
$1,653,000 0.87%
West Pharmaceutical Svsc Inc
18.78%
3,478
$1,631,000 0.86%
Nike, Inc.
16.20%
9,777
$1,629,000 0.85%
Epam Sys Inc
11.63%
2,323
$1,553,000 0.81%
Qualcomm, Inc.
Opened
8,416
$1,539,000 0.81%
Amazon.com Inc.
15.83%
461
$1,537,000 0.81%
Expeditors Intl Wash Inc
19.63%
11,330
$1,521,000 0.80%
Pfizer Inc.
20.57%
23,977
$1,416,000 0.74%
Advanced Micro Devices Inc.
Opened
9,562
$1,376,000 0.72%
Old Dominion Freight Line In
Opened
3,662
$1,312,000 0.69%
Block Inc
Closed
4,912
$1,178,000
PayPal Holdings Inc
Closed
4,495
$1,170,000
Dropbox Inc
Closed
40,040
$1,170,000
JPMorgan Chase & Co.
11.66%
7,096
$1,124,000 0.59%
Fastenal Co.
6.05%
16,262
$1,042,000 0.55%
KLA Corp.
4.53%
2,378
$1,023,000 0.54%
Johnson & Johnson
11.87%
5,672
$970,000 0.51%
United Parcel Service, Inc.
14.94%
4,470
$958,000 0.50%
Target Corp
14.53%
4,044
$936,000 0.49%
Blackrock Inc.
13.09%
1,002
$917,000 0.48%
NextEra Energy Inc
6.71%
9,743
$910,000 0.48%
Cohen & Steers Inc.
16.80%
9,566
$885,000 0.46%
Synovus Finl Corp
10.42%
18,026
$863,000 0.45%
Spdr Ser Tr
13.56%
15,339
$856,000 0.45%
Pacific Premier Bancorp, Inc.
0.24%
21,158
$847,000 0.44%
Fifth Third Bancorp
9.86%
19,265
$839,000 0.44%
Garmin Ltd
Closed
5,259
$818,000
Williams-Sonoma, Inc.
10.17%
4,744
$802,000 0.42%
Dicks Sporting Goods, Inc.
32.88%
6,806
$783,000 0.41%
Fortinet Inc
21.92%
2,164
$778,000 0.41%
Janus Henderson Group plc
15.58%
18,376
$771,000 0.40%
Intuit Inc
8.24%
1,195
$768,000 0.40%
Verizon Communications Inc
1.08%
14,696
$764,000 0.40%
Martin Marietta Matls Inc
25.24%
1,697
$748,000 0.39%
Schwab Strategic Tr
2.00%
33,442
$1,677,000 0.88%
MSCI Inc
24.35%
1,200
$735,000 0.39%
Thermo Fisher Scientific Inc.
7.66%
1,096
$731,000 0.38%
Oreilly Automotive Inc
11.56%
1,033
$730,000 0.38%
Tractor Supply Co.
Opened
3,021
$721,000 0.38%
Walker & Dunlop Inc
Opened
4,754
$717,000 0.38%
Applied Matls Inc
14.71%
4,538
$714,000 0.37%
Idexx Labs Inc
28.10%
1,076
$709,000 0.37%
Gartner, Inc.
26.14%
2,027
$678,000 0.36%
Meta Platforms Inc
38.99%
2,014
$677,000 0.36%
Lam Research Corp.
8.29%
940
$676,000 0.35%
Copart, Inc.
16.24%
4,453
$675,000 0.35%
Generac Holdings Inc
33.78%
1,806
$636,000 0.33%
Adobe Systems Incorporated
22.94%
1,120
$635,000 0.33%
Crowdstrike Holdings Inc
Closed
1,861
$457,000
Ares Capital Corp
1.94%
19,835
$420,000 0.22%
Procter And Gamble Co
No change
2,200
$360,000 0.19%
Vanguard Scottsdale Fds
4.40%
3,133
$291,000 0.15%
Citizens Finl Group Inc
33.01%
6,068
$287,000 0.15%
Columbia Bkg Sys Inc
55.66%
8,605
$282,000 0.15%
Western Alliance Bancorp
21.68%
2,619
$282,000 0.15%
Chevron Corp.
0.34%
2,352
$276,000 0.14%
First Fndtn Inc
38.30%
11,000
$273,000 0.14%
Zions Bancorporation N.A
0.47%
4,268
$270,000 0.14%
Ishares U S Etf Tr
Closed
6,307
$226,000
Palantir Technologies Inc.
Closed
9,292
$223,000
NGL Energy Partners LP
No change
31,798
$58,000 0.03%
No transactions found
Showing first 500 out of 77 holdings