# Regal Wealth Group, Inc.

> Institutional holdings reported to the SEC as of Q4 2023 on Form 13F. CIK 1656537. Source: https://holderbook.com/funds/1656537-regal-wealth-group-inc/

- Reported value: $162.1M
- Positions: 43
- Weight of the ten largest: 71.9%
- Filed: 2024-02-23

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $28.4M | 96,593 | 17.5% | 21 |
| DIMENSIONAL ETF TRUST | [DFLV](https://holderbook.com/stocks/DFLV/) | $22.1M | 822,968 | 13.6% | 4 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $14.6M | 31,068 | 9.0% | 21 |
| ISHARES TR | [LQD](https://holderbook.com/stocks/LQD/) | $9.5M | 87,205 | 5.9% | 21 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $9.2M | 119,233 | 5.7% | 4 |
| DIMENSIONAL ETF TRUST | [DFAS](https://holderbook.com/stocks/DFAS/) | $8.2M | 142,852 | 5.1% | 4 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $7.1M | 30,483 | 4.4% | 21 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $6.2M | 27,389 | 3.8% | 21 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $5.7M | 57,431 | 3.5% | 21 |
| DIMENSIONAL ETF TRUST | [DFAI](https://holderbook.com/stocks/DFAI/) | $5.6M | 196,730 | 3.4% | 4 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $5.2M | 21,130 | 3.2% | 21 |
| ROCKWELL AUTOMATION INC | [ROK](https://holderbook.com/stocks/ROK/) | $4.6M | 15,098 | 2.8% | 21 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $4.3M | 26,318 | 2.7% | 21 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $4.3M | 55,313 | 2.7% | 21 |
| DIMENSIONAL ETF TRUST | [DFCF](https://holderbook.com/stocks/DFCF/) | $3.7M | 87,646 | 2.3% | 4 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $3.0M | 19,540 | 1.9% | 21 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $2.6M | 10,081 | 1.6% | 21 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $2.2M | 30,815 | 1.4% | 21 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $2.1M | 12,047 | 1.3% | 21 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $1.8M | 9,303 | 1.1% | 21 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $1.2M | 5,809 | 0.7% | 21 |
| SKYWORKS SOLUTIONS INC | [SWKS](https://holderbook.com/stocks/SWKS/) | $1.2M | 11,379 | 0.7% | 21 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.2M | 6,333 | 0.7% | 21 |
| ISHARES TR | [IWO](https://holderbook.com/stocks/IWO/) | $748.7K | 3,084 | 0.5% | 21 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $690.5K | 1,877 | 0.4% | 21 |
| ISHARES TR | [IWN](https://holderbook.com/stocks/IWN/) | $678.7K | 4,509 | 0.4% | 21 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $664.1K | 7,776 | 0.4% | 15 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $622.7K | 5,322 | 0.4% | 21 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $540.4K | 991 | 0.3% | 21 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $383.4K | 821 | 0.2% | 21 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $379.8K | 1,726 | 0.2% | 21 |
| EDISON INTL | [EIX](https://holderbook.com/stocks/EIX/) | $365.0K | 5,049 | 0.2% | 21 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $361.9K | 1,521 | 0.2% | 4 |
| VANGUARD SCOTTSDALE FDS | [VONV](https://holderbook.com/stocks/VONV/) | $331.1K | 4,596 | 0.2% | 1 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $314.0K | 2,112 | 0.2% | 21 |
| ISHARES INC | [EUSA](https://holderbook.com/stocks/EUSA/) | $295.4K | 3,572 | 0.2% | 21 |
| CARRIER GLOBAL CORPORATION | [CARR](https://holderbook.com/stocks/CARR/) | $280.0K | 5,047 | 0.2% | 5 |
| ISHARES TR | [MTUM](https://holderbook.com/stocks/MTUM/) | $274.9K | 1,805 | 0.2% | 21 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $247.7K | 681 | 0.2% | 3 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $241.9K | 1,606 | 0.1% | 8 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $237.1K | 2,731 | 0.1% | 21 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $231.3K | 1,222 | 0.1% | 5 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $227.3K | 2,173 | 0.1% | 21 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q4 2023 | +10.6% | +11.2% | -0.6% | 100% |
| Q3 2023 | -3.9% | -3.6% | -0.3% | 101% |
| Q2 2023 | +5.3% | +8.3% | -3.0% | 100% |
| Q1 2023 | +5.4% | +7.0% | -1.7% | 100% |
| Q4 2022 | +7.4% | +7.1% | +0.4% | 98% |
| Q3 2022 | -4.6% | -5.3% | +0.7% | 100% |
| Q2 2022 | -15.3% | -16.5% | +1.2% | 103% |
| Q1 2022 | -6.0% | -4.9% | -1.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2023 | $162.1M | 43 |
| Q3 2023 | $146.4M | 42 |
| Q2 2023 | $152.4M | 46 |
| Q1 2023 | $140.7M | 47 |
| Q4 2022 | $136.2M | 45 |
| Q3 2022 | $129.6M | 44 |
| Q2 2022 | $138.5M | 48 |
| Q1 2022 | $160.3M | 51 |
| Q4 2021 | $177.5M | 51 |
| Q3 2021 | $166.5M | 49 |
| Q2 2021 | $169.3M | 49 |
| Q1 2021 | $170.2M | 247 |