# KWB Wealth

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1822236. Source: https://holderbook.com/funds/1822236-kwb-wealth/

- Reported value: $1.2B
- Positions: 169
- Weight of the ten largest: 46.6%
- Filed: 2026-07-10

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 |
|---|---|---|---|---|---|
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $151.2M | 1,720,975 | 12.9% | 23 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $95.0M | 798,372 | 8.1% | 23 |
| SPDR SERIES TRUST | [SPYV](https://holderbook.com/stocks/SPYV/) | $83.0M | 1,365,288 | 7.1% | 23 |
| SPDR INDEX SHS FDS | [SPDW](https://holderbook.com/stocks/SPDW/) | $39.8M | 788,912 | 3.4% | 23 |
| CAPITAL GROUP CORE BALANCED | [CGBL](https://holderbook.com/stocks/CGBL/) | $35.1M | 925,891 | 3.0% | 7 |
| BLACKROCK ETF TRUST | [DYNF](https://holderbook.com/stocks/DYNF/) | $30.5M | 448,242 | 2.6% | 10 |
| CAPITAL GROUP DIVIDEND VALUE | [CGDV](https://holderbook.com/stocks/CGDV/) | $28.6M | 579,994 | 2.4% | 7 |
| SPDR SERIES TRUST | [SPTI](https://holderbook.com/stocks/SPTI/) | $28.4M | 999,955 | 2.4% | 3 |
| COLUMBIA ETF TR I | [RECS](https://holderbook.com/stocks/RECS/) | $27.5M | 635,710 | 2.4% | 7 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $26.2M | 315,752 | 2.2% | 23 |
| SPDR SERIES TRUST | [SPSM](https://holderbook.com/stocks/SPSM/) | $26.1M | 452,815 | 2.2% | 23 |
| SPDR INDEX SHS FDS | [SPEM](https://holderbook.com/stocks/SPEM/) | $24.7M | 476,296 | 2.1% | 23 |
| ISHARES TR | [IUSB](https://holderbook.com/stocks/IUSB/) | $24.6M | 533,978 | 2.1% | 10 |
| INVESCO EXCH TRADED FD TR II | [IDHQ](https://holderbook.com/stocks/IDHQ/) | $23.7M | 542,925 | 2.0% | 8 |
| J P MORGAN EXCHANGE TRADED F | [JBND](https://holderbook.com/stocks/JBND/) | $20.8M | 388,588 | 1.8% | 7 |
| CAPITAL GROUP GBL GROWTH EQT | [CGGO](https://holderbook.com/stocks/CGGO/) | $20.7M | 488,425 | 1.8% | 7 |
| JANUS DETROIT STR TR | [JMBS](https://holderbook.com/stocks/JMBS/) | $18.9M | 420,361 | 1.6% | 17 |
| RBB FUND TRUST | [FEGE](https://holderbook.com/stocks/FEGE/) | $18.9M | 385,710 | 1.6% | 3 |
| BLACKROCK ETF TRUST | [BAI](https://holderbook.com/stocks/BAI/) | $18.8M | 357,164 | 1.6% | 4 |
| INVESCO ACTIVELY MANAGED EXC | [GTO](https://holderbook.com/stocks/GTO/) | $16.5M | 352,169 | 1.4% | 11 |
| INVESCO EXCH TRADED FD TR II | [SPMO](https://holderbook.com/stocks/SPMO/) | $15.6M | 96,390 | 1.3% | 6 |
| SPDR INDEX SHS FDS | [QEFA](https://holderbook.com/stocks/QEFA/) | $15.1M | 156,893 | 1.3% | 16 |
| CAPITAL GRP FIXED INCM ETF T | [CGMS](https://holderbook.com/stocks/CGMS/) | $14.4M | 527,423 | 1.2% | 7 |
| SPDR SERIES TRUST | [SPIB](https://holderbook.com/stocks/SPIB/) | $14.2M | 425,676 | 1.2% | 3 |
| ISHARES TR | [IVLU](https://holderbook.com/stocks/IVLU/) | $14.1M | 336,260 | 1.2% | 8 |
| HARRIS OAKMARK ETF TRUST | [OAKM](https://holderbook.com/stocks/OAKM/) | $13.7M | 486,376 | 1.2% | 3 |
| BLACKROCK ETF TRUST | [BLCR](https://holderbook.com/stocks/BLCR/) | $13.5M | 268,262 | 1.2% | 1 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $12.6M | 18,293 | 1.1% | 23 |
| CAPITAL GROUP EQUITY ETF TR | [CGMM](https://holderbook.com/stocks/CGMM/) | $12.5M | 379,650 | 1.1% | 1 |
| GLOBAL X FDS | [SHLD](https://holderbook.com/stocks/SHLD/) | $12.2M | 204,879 | 1.0% | 3 |
| J P MORGAN EXCHANGE TRADED F | [JIVE](https://holderbook.com/stocks/JIVE/) | $10.2M | 110,823 | 0.9% | 3 |
| ISHARES TR | [IAGG](https://holderbook.com/stocks/IAGG/) | $10.0M | 196,675 | 0.9% | 7 |
| J P MORGAN EXCHANGE TRADED F | [JPEM](https://holderbook.com/stocks/JPEM/) | $9.8M | 156,463 | 0.8% | 16 |
| BLACKROCK ETF TRUST | [THRO](https://holderbook.com/stocks/THRO/) | $9.8M | 227,816 | 0.8% | 4 |
| BLACKROCK ETF TRUST II | [BINC](https://holderbook.com/stocks/BINC/) | $9.4M | 180,459 | 0.8% | 5 |
| SPDR SERIES TRUST | [SPMD](https://holderbook.com/stocks/SPMD/) | $9.4M | 139,488 | 0.8% | 23 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $9.4M | 12,547 | 0.8% | 23 |
| BLACKROCK ETF TRUST | [IALT](https://holderbook.com/stocks/IALT/) | $9.2M | 328,418 | 0.8% | 1 |
| SPDR SERIES TRUST | [SLYG](https://holderbook.com/stocks/SLYG/) | $9.0M | 75,460 | 0.8% | 23 |
| SPDR SERIES TRUST | [SPTL](https://holderbook.com/stocks/SPTL/) | $8.7M | 331,642 | 0.7% | 17 |
| CAPITAL GROUP GROWTH ETF | [CGGR](https://holderbook.com/stocks/CGGR/) | $8.4M | 177,582 | 0.7% | 7 |
| LPL FINL HLDGS INC | [LPLA](https://holderbook.com/stocks/LPLA/) | $8.1M | 28,751 | 0.7% | 14 |
| SPDR SERIES TRUST | [SPAB](https://holderbook.com/stocks/SPAB/) | $7.9M | 309,572 | 0.7% | 23 |
| SPDR SERIES TRUST | [SLYV](https://holderbook.com/stocks/SLYV/) | $7.8M | 71,378 | 0.7% | 23 |
| CAPITAL GROUP INTERNATIONAL | [CGIE](https://holderbook.com/stocks/CGIE/) | $6.3M | 170,414 | 0.5% | 7 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $6.1M | 63,578 | 0.5% | 1 |
| ISHARES TR | [GOVT](https://holderbook.com/stocks/GOVT/) | $5.5M | 242,255 | 0.5% | 10 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $4.8M | 16,563 | 0.4% | 23 |
| WORLD GOLD TR | [GLDM](https://holderbook.com/stocks/GLDM/) | $4.7M | 58,748 | 0.4% | 6 |
| AMERICAN CENTY ETF TR | [AVUS](https://holderbook.com/stocks/AVUS/) | $4.6M | 35,602 | 0.4% | 15 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $4.2M | 11,315 | 0.4% | 23 |
| HARBOR ETF TRUST | [OSEA](https://holderbook.com/stocks/OSEA/) | $4.2M | 137,212 | 0.4% | 7 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $3.8M | 25,787 | 0.3% | 7 |
| INVESCO EXCHANGE TRADED FD T | [PRF](https://holderbook.com/stocks/PRF/) | $3.8M | 69,628 | 0.3% | 23 |
| INVESCO EXCH TRADED FD TR II | [PXF](https://holderbook.com/stocks/PXF/) | $3.4M | 45,541 | 0.3% | 17 |
| SPDR SERIES TRUST | [SPTM](https://holderbook.com/stocks/SPTM/) | $3.3M | 36,511 | 0.3% | 17 |
| T ROWE PRICE EXCHANGE-TRADED | [TGRT](https://holderbook.com/stocks/TGRT/) | $3.1M | 68,743 | 0.3% | 7 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $3.0M | 8,863 | 0.3% | 23 |
| J P MORGAN EXCHANGE TRADED F | [JPME](https://holderbook.com/stocks/JPME/) | $2.5M | 20,296 | 0.2% | 11 |
| INVESCO EXCH TRADED FD TR II | [PXH](https://holderbook.com/stocks/PXH/) | $2.4M | 85,697 | 0.2% | 17 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $2.4M | 11,214 | 0.2% | 23 |
| SSGA ACTIVE TR | [ALLW](https://holderbook.com/stocks/ALLW/) | $2.3M | 78,477 | 0.2% | 1 |
| ISHARES TR | [ISCF](https://holderbook.com/stocks/ISCF/) | $2.2M | 51,346 | 0.2% | 5 |
| VANGUARD INDEX FDS | [VXF](https://holderbook.com/stocks/VXF/) | $2.2M | 8,911 | 0.2% | 23 |
| INVESCO EXCH TRADED FD TR II | [PDN](https://holderbook.com/stocks/PDN/) | $2.1M | 45,663 | 0.2% | 23 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.0M | 10,116 | 0.2% | 8 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $2.0M | 2,109 | 0.2% | 23 |
| SSGA ACTIVE ETF TR | [RLY](https://holderbook.com/stocks/RLY/) | $2.0M | 56,957 | 0.2% | 5 |
| SPDR SERIES TRUST | [EMHC](https://holderbook.com/stocks/EMHC/) | $1.9M | 76,244 | 0.2% | 5 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.9M | 16,395 | 0.2% | 23 |
| AMERICAN CENTY ETF TR | [QGRO](https://holderbook.com/stocks/QGRO/) | $1.8M | 15,017 | 0.2% | 15 |
| AMERICAN CENTY ETF TR | [AVUV](https://holderbook.com/stocks/AVUV/) | $1.7M | 13,888 | 0.1% | 15 |
| VANGUARD ADMIRAL FDS INC | [VOOG](https://holderbook.com/stocks/VOOG/) | $1.7M | 20,741 | 0.1% | 23 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $1.7M | 11,490 | 0.1% | 23 |
| J P MORGAN EXCHANGE TRADED F | [JPSE](https://holderbook.com/stocks/JPSE/) | $1.7M | 27,808 | 0.1% | 11 |
| INVESCO EXCHANGE TRADED FD T | [PRFZ](https://holderbook.com/stocks/PRFZ/) | $1.5M | 27,177 | 0.1% | 17 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $1.5M | 2,029 | 0.1% | 11 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $1.4M | 18,497 | 0.1% | 23 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $1.3M | 9,543 | 0.1% | 23 |
| BLACKROCK ETF TRUST II | [CALI](https://holderbook.com/stocks/CALI/) | $1.3M | 25,732 | 0.1% | 3 |
| EDISON INTL | [EIX](https://holderbook.com/stocks/EIX/) | $1.3M | 16,824 | 0.1% | 23 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $1.2M | 12,643 | 0.1% | 23 |
| VANGUARD ADMIRAL FDS INC | [VOOV](https://holderbook.com/stocks/VOOV/) | $1.2M | 5,545 | 0.1% | 23 |
| FRANKLIN TEMPLETON ETF TR | [FLSP](https://holderbook.com/stocks/FLSP/) | $1.1M | 41,260 | 0.1% | 5 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.0M | 2,063 | 0.1% | 22 |
| MORGAN STANLEY ETF TRUST | [EVTR](https://holderbook.com/stocks/EVTR/) | $994.7K | 19,616 | 0.1% | 1 |
| NUSHARES ETF TR | [NURE](https://holderbook.com/stocks/NURE/) | $964.2K | 29,816 | 0.1% | 15 |
| GRANITE CONSTR INC | [GVA](https://holderbook.com/stocks/GVA/) | $960.1K | 6,073 | 0.1% | 1 |
| J P MORGAN EXCHANGE TRADED F | [JPLD](https://holderbook.com/stocks/JPLD/) | $868.6K | 16,643 | 0.1% | 10 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $849.6K | 2,020 | 0.1% | 13 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $814.4K | 2,309 | 0.1% | 14 |
| PGIM ETF TR | [PAAA](https://holderbook.com/stocks/PAAA/) | $780.9K | 15,231 | 0.1% | 8 |
| CAPITAL GROUP INTERNATIONAL | [CGIC](https://holderbook.com/stocks/CGIC/) | $773.3K | 21,250 | 0.1% | 3 |
| CAPITAL GROUP CONSERVATIVE E | [CGCV](https://holderbook.com/stocks/CGCV/) | $763.8K | 23,272 | 0.1% | 3 |
| SPDR SERIES TRUST | [EBND](https://holderbook.com/stocks/EBND/) | $756.6K | 36,167 | 0.1% | 3 |
| PGIM ETF TR | [PHYL](https://holderbook.com/stocks/PHYL/) | $743.7K | 21,321 | 0.1% | 1 |
| JANUS DETROIT STR TR | [JSML](https://holderbook.com/stocks/JSML/) | $727.4K | 7,817 | 0.1% | 11 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $706.2K | 959 | 0.1% | 13 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $652.4K | 1,123 | 0.1% | 3 |
| SPDR SERIES TRUST | [SPIP](https://holderbook.com/stocks/SPIP/) | $633.6K | 24,674 | 0.1% | 17 |

## 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 |
|---|---|---|---|---|
| Q2 2026 | +11.2% | +14.8% | -3.6% | 98% |
| Q1 2026 | -1.9% | -4.6% | +2.7% | 100% |
| Q4 2025 | +1.9% | +2.4% | -0.5% | 106% |
| Q3 2025 | +5.9% | +7.8% | -1.9% | 108% |
| Q2 2025 | +7.9% | +10.5% | -2.5% | 98% |
| Q1 2025 | -2.1% | -4.6% | +2.4% | 99% |
| Q4 2024 | -1.0% | +2.1% | -3.2% | 106% |
| Q3 2024 | +5.7% | +5.4% | +0.2% | 101% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.2B | 169 |
| Q1 2026 | $1.0B | 166 |
| Q4 2025 | $1.1B | 175 |
| Q3 2025 | $904.7M | 147 |
| Q2 2025 | $822.9M | 156 |
| Q1 2025 | $828.9M | 149 |
| Q4 2024 | $806.9M | 141 |
| Q3 2024 | $767.2M | 132 |
| Q2 2024 | $727.0M | 129 |
| Q1 2024 | $743.1M | 129 |
| Q4 2023 | $693.2M | 129 |
| Q3 2023 | $623.2M | 123 |