Institutional Manager · CIK 0002040224

FMB WEALTH MANAGEMENT

WESTLAKE VILLAGE, CA · File #028-24389

Latest AUM

$253.4M

Positions

128

Top-10 Concentration

63.8%

Filings

Portfolio Value Over Time

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
ADD	DIMENSIONAL ETF TRUST	25434V708	+50,743	+$2.0M	+$1.1M
ADD	DIMENSIONAL ETF TRUST	25434V864	+35,296	+$1.7M	-$27,357
NEW	VANGUARD BD INDEX FDS	921937827	+11,978	+$943,989	$0
ADD	AMERICAN CENTY ETF TR	025072885	+7,873	+$880,044	+$444,238
ADD	DIMENSIONAL ETF TRUST	25434V880	+24,716	+$808,955	+$595,230
ADD	VANGUARD MALVERN FDS	922020805	+13,915	+$688,236	-$7,235
REDUCE	DIMENSIONAL ETF TRUST	25434V559	-10,023	-$599,175	+$454,105
ADD	AMERICAN CENTY ETF TR	025072703	+4,987	+$410,528	+$227,808
ADD	DIMENSIONAL ETF TRUST	25434V799	+11,705	+$403,355	+$415,973
REDUCE	DIMENSIONAL ETF TRUST	25434V542	-4,320	-$281,103	+$735,674

Sector Allocation

Technology

4.9%$12.5M

Healthcare

1.2%$3.1M

Consumer Discretionary

0.8%$2.0M

Financials

0.7%$1.7M

Energy

0.6%$1.6M

Communication Services

0.5%$1.3M

Industrials

0.4%$912,775

Filing History

Jan 22, 202613F HOLDINGS REPORTQ/E Dec 2025128 pos · $253.4M
Oct 15, 202513F HOLDINGS REPORTQ/E Sep 2025126 pos · $236.1M
Jul 18, 202513F HOLDINGS REPORTQ/E Jun 2025117 pos · $234.3M
Apr 15, 202513F HOLDINGS REPORTQ/E Mar 2025103 pos · $204.8M
Jan 29, 202513F HOLDINGS REPORTQ/E Dec 202489 pos · $177.6M
Nov 4, 202413F HOLDINGS REPORTQ/E Sep 202489 pos · $125.4M
Nov 4, 202413F HOLDINGS REPORTQ/E Sep 2024102 pos · $176.9M
Nov 4, 202413F HOLDINGS REPORTQ/E Sep 202493 pos · $131.5M
Oct 15, 202413F HOLDINGS REPORTQ/E Sep 202463 pos · $109.4M
Oct 15, 202413F HOLDINGS REPORTQ/E Sep 202454 pos · $77.7M
Oct 15, 202413F HOLDINGS REPORTQ/E Sep 202453 pos · $94.2M
Oct 15, 202413F HOLDINGS REPORTQ/E Sep 202452 pos · $93.2M
Oct 15, 202413F HOLDINGS REPORTQ/E Sep 202452 pos · $83.8M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	DIMENSIONAL ETF TRUST	25434V708	1,132,662	$44.8M	18.95%
2	DIMENSIONAL ETF TRUST	25434V559	328,843	$19.7M	8.31%
3	AMERICAN CENTY ETF TR	025072885	152,105	$17.0M	7.19%
4	DIMENSIONAL ETF TRUST	25434V880	465,617	$15.2M	6.44%
5	DIMENSIONAL ETF TRUST	25434V542	203,655	$13.3M	5.60%
6	DIMENSIONAL ETF TRUST	25434V104	218,064	$10.2M	4.31%
7	DIMENSIONAL ETF TRUST	25434V799	260,783	$9.0M	3.80%
8	DIMENSIONAL ETF TRUST	25434V401	112,431	$8.3M	3.52%
9	DIMENSIONAL ETF TRUST	25434V864	149,274	$7.2M	3.03%
10	DIMENSIONAL ETF TRUST	25434V609	105,843	$6.3M	2.66%
11	DIMENSIONAL ETF TRUST	25434V203	154,947	$5.9M	2.50%
12	AMERICAN CENTY ETF TR	025072703	71,608	$5.9M	2.49%
13	AMERICAN CENTY ETF TR	025072232	62,780	$5.4M	2.28%
14	DIMENSIONAL ETF TRUST	25434V302	160,207	$5.2M	2.21%
15	DIMENSIONAL ETF TRUST	25434V724	106,548	$5.0M	2.10%
16	DIMENSIONAL ETF TRUST	25434V500	64,944	$4.5M	1.91%
17	APPLE INC	AAPL	15,414	$4.2M	1.77%
18	DIMENSIONAL ETF TRUST	25434V807	82,576	$4.1M	1.74%
19	DIMENSIONAL ETF TRUST	25434V625	44,468	$3.3M	1.38%
20	DIMENSIONAL ETF TRUST	25434V591	62,573	$3.2M	1.34%