# Watermark Asset Management, Inc.

> Institutional holdings reported to the SEC as of Q4 2018 on Form 13F. CIK 1706457. Source: https://holderbook.com/funds/1706457-watermark-asset-management-inc/

- Reported value: $215.6M
- Positions: 273
- Weight of the ten largest: 68.2%
- Filed: 2019-01-14

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 | [IVV](https://holderbook.com/stocks/IVV/) | $39.9M | 158,507 | 18.5% | 1 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $32.2M | 302,454 | 14.9% | 1 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $16.9M | 456,018 | 7.8% | 1 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $12.5M | 75,138 | 5.8% | 1 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $11.5M | 191,181 | 5.3% | 1 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $8.9M | 128,390 | 4.1% | 1 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $7.7M | 201,529 | 3.6% | 1 |
| SCHWAB STRATEGIC TR | [SCHZ](https://holderbook.com/stocks/SCHZ/) | $6.9M | 137,080 | 3.2% | 1 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $5.3M | 186,367 | 2.5% | 1 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $5.3M | 41,396 | 2.5% | 1 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $4.7M | 103,280 | 2.2% | 1 |
| SPDR SERIES TRUST | [SPTM](https://holderbook.com/stocks/SPTM/) | $4.3M | 139,447 | 2.0% | 1 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $4.0M | 67,176 | 1.9% | 1 |
| ISHARES U S ETF TR | [NEAR](https://holderbook.com/stocks/NEAR/) | $4.0M | 80,095 | 1.9% | 1 |
| SPDR SERIES TRUST | [SPSB](https://holderbook.com/stocks/SPSB/) | $3.6M | 119,967 | 1.7% | 1 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $3.5M | 44,671 | 1.6% | 1 |
| ISHARES TR | [IYY](https://holderbook.com/stocks/IYY/) | $3.4M | 26,942 | 1.6% | 1 |
| ISHARES TR | [LQD](https://holderbook.com/stocks/LQD/) | $3.3M | 29,648 | 1.6% | 1 |
| SPDR SERIES TRUST | [SPAB](https://holderbook.com/stocks/SPAB/) | $3.0M | 107,829 | 1.4% | 1 |
| ISHARES TR | [EMB](https://holderbook.com/stocks/EMB/) | $2.8M | 26,555 | 1.3% | 1 |
| ISHARES TR | [IGIB](https://holderbook.com/stocks/IGIB/) | $2.7M | 51,086 | 1.2% | 1 |
| SCHWAB STRATEGIC TR | [SCHE](https://holderbook.com/stocks/SCHE/) | $2.3M | 97,450 | 1.1% | 1 |
| SPDR INDEX SHS FDS | [CWI](https://holderbook.com/stocks/CWI/) | $2.2M | 68,646 | 1.0% | 1 |
| SPDR INDEX SHS FDS | [SPDW](https://holderbook.com/stocks/SPDW/) | $1.4M | 53,816 | 0.7% | 1 |
| ISHARES TR | [GOVT](https://holderbook.com/stocks/GOVT/) | $1.4M | 56,176 | 0.6% | 1 |
| ISHARES TR | [FLOT](https://holderbook.com/stocks/FLOT/) | $1.3M | 26,681 | 0.6% | 1 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $1.3M | 20,923 | 0.6% | 1 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $1.1M | 16,948 | 0.5% | 1 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $950.0K | 9,080 | 0.4% | 1 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $940.0K | 15,999 | 0.4% | 1 |
| DBX ETF TR | [DBEF](https://holderbook.com/stocks/DBEF/) | $935.0K | 33,500 | 0.4% | 1 |
| ISHARES TR | [MTUM](https://holderbook.com/stocks/MTUM/) | $918.0K | 9,158 | 0.4% | 1 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $905.0K | 5,738 | 0.4% | 1 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $812.0K | 15,499 | 0.4% | 1 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $796.0K | 7,315 | 0.4% | 1 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $725.0K | 4,698 | 0.3% | 1 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $572.0K | 7,050 | 0.3% | 1 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $533.0K | 9,686 | 0.2% | 1 |
| VANGUARD WORLD FD | [VDE](https://holderbook.com/stocks/VDE/) | $457.0K | 5,927 | 0.2% | 1 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $445.0K | 4,380 | 0.2% | 1 |
| SEMPRA | [SRE](https://holderbook.com/stocks/SRE/) | $402.0K | 3,720 | 0.2% | 1 |
| SPDR INDEX SHS FDS | [SPEM](https://holderbook.com/stocks/SPEM/) | $396.0K | 12,241 | 0.2% | 1 |
| ISHARES TR | [AOA](https://holderbook.com/stocks/AOA/) | $394.0K | 8,108 | 0.2% | 1 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $353.0K | 341 | 0.2% | 1 |
| ELEVANCE HEALTH INC FORMERLY | [ELV](https://holderbook.com/stocks/ELV/) | $322.0K | 1,227 | 0.1% | 1 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $316.0K | 302 | 0.1% | 1 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $302.0K | 1,210 | 0.1% | 1 |
| ISHARES TR | [AOR](https://holderbook.com/stocks/AOR/) | $244.0K | 5,907 | 0.1% | 1 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $194.0K | 2,116 | 0.1% | 1 |
| ISHARES TR | [DSI](https://holderbook.com/stocks/DSI/) | $186.0K | 2,001 | 0.1% | 1 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $184.0K | 944 | 0.1% | 1 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $179.0K | 1,336 | 0.1% | 1 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $178.0K | 1,382 | 0.1% | 1 |
| ALLSTATE CORP | [ALL](https://holderbook.com/stocks/ALL/) | $165.0K | 2,000 | 0.1% | 1 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $165.0K | 1,262 | 0.1% | 1 |
| SCHWAB STRATEGIC TR | [SCHM](https://holderbook.com/stocks/SCHM/) | $161.0K | 3,362 | 0.1% | 1 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $159.0K | 778 | 0.1% | 1 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $144.0K | 96 | 0.1% | 1 |
| DOLBY LABORATORIES INC | [DLB](https://holderbook.com/stocks/DLB/) | $134.0K | 2,173 | 0.1% | 1 |
| ISHARES TR | [ESGU](https://holderbook.com/stocks/ESGU/) | $130.0K | 2,366 | 0.1% | 1 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $126.0K | 2,909 | 0.1% | 1 |
| ISHARES TR | [SUSA](https://holderbook.com/stocks/SUSA/) | $126.0K | 1,219 | 0.1% | 1 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $120.0K | 1,345 | 0.1% | 1 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $113.0K | 1,659 | 0.1% | 1 |
| ABRDN SILVER ETF TRUST | [SIVR](https://holderbook.com/stocks/SIVR/) | $110.0K | 7,308 | 0.1% | 1 |
| WISDOMTREE TR | [DLN](https://holderbook.com/stocks/DLN/) | $91.0K | 1,079 | 0.0% | 1 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $90.0K | 823 | 0.0% | 1 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $89.0K | 671 | 0.0% | 1 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $87.0K | 1,860 | 0.0% | 1 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $85.0K | 619 | 0.0% | 1 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $81.0K | 586 | 0.0% | 1 |
| WATERS CORP | [WAT](https://holderbook.com/stocks/WAT/) | $75.0K | 395 | 0.0% | 1 |
| ABRDN PRECIOUS METALS BASKET | [GLTR](https://holderbook.com/stocks/GLTR/) | $72.0K | 1,145 | 0.0% | 1 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $67.0K | 2,333 | 0.0% | 1 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $67.0K | 289 | 0.0% | 1 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $64.0K | 2,595 | 0.0% | 1 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $63.0K | 1,445 | 0.0% | 1 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $63.0K | 476 | 0.0% | 1 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $61.0K | 458 | 0.0% | 1 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $59.0K | 2,466 | 0.0% | 1 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $59.0K | 355 | 0.0% | 1 |
| BAYCOM CORP | [BCML](https://holderbook.com/stocks/BCML/) | $58.0K | 2,500 | 0.0% | 1 |
| ISHARES TR | [AOM](https://holderbook.com/stocks/AOM/) | $58.0K | 1,631 | 0.0% | 1 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $58.0K | 1,399 | 0.0% | 1 |
| U HAUL HOLDING COMPANY | [UHAL](https://holderbook.com/stocks/UHAL/) | $57.0K | 173 | 0.0% | 1 |
| VANGUARD WHITEHALL FDS | [VYMI](https://holderbook.com/stocks/VYMI/) | $55.0K | 980 | 0.0% | 1 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $51.0K | 1,099 | 0.0% | 1 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $51.0K | 685 | 0.0% | 1 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $49.0K | 446 | 0.0% | 1 |
| DBX ETF TR | [DBEU](https://holderbook.com/stocks/DBEU/) | $48.0K | 1,916 | 0.0% | 1 |
| SIMON PPTY GROUP INC NEW | [SPG](https://holderbook.com/stocks/SPG/) | $48.0K | 288 | 0.0% | 1 |
| VANGUARD INTL EQUITY INDEX F | [VGK](https://holderbook.com/stocks/VGK/) | $47.0K | 969 | 0.0% | 1 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $45.0K | 325 | 0.0% | 1 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $45.0K | 1,000 | 0.0% | 1 |
| WESTERN ALLIANCE BANCORP | [WAL](https://holderbook.com/stocks/WAL/) | $45.0K | 1,150 | 0.0% | 1 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $44.0K | 445 | 0.0% | 1 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $43.0K | 942 | 0.0% | 1 |
| COHERENT INC | [COHR](https://holderbook.com/stocks/COHR/) | $42.0K | 400 | 0.0% | 1 |
| ISHARES TR | [ESGD](https://holderbook.com/stocks/ESGD/) | $42.0K | 727 | 0.0% | 1 |
| BLOCK INC | [XYZ](https://holderbook.com/stocks/XYZ/) | $41.0K | 730 | 0.0% | 1 |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2018 | $215.6M | 273 |