Institutional Manager · CIK 0001822236

KWB Wealth

REDLANDS, CA · File #028-20638

Latest AUM

$1.06B

Positions

175

Top-10 Concentration

54.8%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
REDUCE	SPDR SERIES TRUST	78464A649	-1,514,732	-$39.0M	+$265,540
NEW	SPDR SERIES TRUST	78464A672	+1,314,158	+$37.9M	$0
ADD	JANUS DETROIT STR TR	47103U852	+605,298	+$27.7M	+$54,542
ADD	ISHARES INC	46434G103	+404,645	+$27.2M	+$41,289
REDUCE	INVESCO ACTIVELY MANAGED EXC	IVZ	-507,217	-$24.1M	+$401,748
ADD	SPDR SERIES TRUST	78468R853	+425,076	+$19.9M	+$761,837
NEW	SPDR SERIES TRUST	78464A375	+581,197	+$19.7M	$0
REDUCE	SPDR INDEX SHS FDS	78463X509	-385,010	-$18.0M	+$3.6M
REDUCE	SPDR SERIES TRUST	78464A201	-150,677	-$14.2M	+$1.3M
NEW	RBB FUND TRUST	75526L886	+299,654	+$13.8M	$0

Sector Allocation

Financials

13.1%$138.1M

Technology

1.2%$12.6M

Consumer Discretionary

0.3%$3.5M

0.3%$3.4M

0.1%$1.6M

0.1%$1.3M

0.0%$500,837

Communication Services

0.0%$335,098

Energy

0.0%$305,785

Filing History

Jan 12, 202613F HOLDINGS REPORTQ/E Dec 2025175 pos · $1.06B
Oct 8, 202513F HOLDINGS REPORTQ/E Sep 2025147 pos · $904.7M
Jul 17, 202513F HOLDINGS REPORTQ/E Jun 2025156 pos · $822.9M
Apr 10, 202513F HOLDINGS REPORTQ/E Mar 2025149 pos · $828.9M
Jan 14, 202513F HOLDINGS REPORTQ/E Dec 2024141 pos · $806.9M
Oct 7, 202413F HOLDINGS REPORTQ/E Sep 2024132 pos · $767.2M
Jul 24, 202413F HOLDINGS REPORTQ/E Jun 2024129 pos · $727.0M
Apr 19, 202413F HOLDINGS REPORTQ/E Mar 2024129 pos · $743.1M
Oct 11, 202313F HOLDINGS REPORTQ/E Dec 2023123 pos · $623.2M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	SPDR SERIES TRUST	78464A409	982,199	$104.8M	10.80%
2	SPDR SERIES TRUST	78464A508	1,752,061	$99.5M	10.26%
3	SPDR SERIES TRUST	78464A854	1,113,942	$89.4M	9.21%
4	BLACKROCK ETF TRUST	BLK	805,373	$49.0M	5.05%
5	SPDR INDEX SHS FDS	78463X889	899,712	$40.0M	4.12%
6	SPDR SERIES TRUST	78464A672	1,314,158	$37.9M	3.91%
7	JANUS DETROIT STR TR	47103U852	690,537	$31.6M	3.25%
8	SPDR SERIES TRUST	78468R853	603,914	$28.3M	2.92%
9	ISHARES INC	46434G103	410,391	$27.6M	2.84%
10	SPDR INDEX SHS FDS	78463X509	511,181	$23.9M	2.47%
11	CAPITAL GROUP CORE BALANCED	14021D107	673,458	$23.8M	2.45%
12	ISHARES TR	46435G409	584,574	$22.2M	2.29%
13	CAPITAL GROUP DIVIDEND VALUE	14020W106	501,612	$21.9M	2.26%
14	ISHARES TR	46434V613	456,365	$21.2M	2.19%
15	COLUMBIA ETF TR I	19761L706	490,145	$20.0M	2.06%
16	SPDR SERIES TRUST	78464A375	581,197	$19.7M	2.02%
17	ISHARES TR	46432F339	84,694	$16.8M	1.73%
18	INVESCO EXCH TRADED FD TR II	IVZ	125,125	$14.9M	1.54%
19	J P MORGAN EXCHANGE TRADED F	46654Q716	273,771	$14.8M	1.53%
20	SPDR INDEX SHS FDS	78463X434	160,530	$14.6M	1.50%