RBA Wealth Management, LLC

NEWPORT BEACH, CA · CIK 1776296 · 13F filing filed 2023-01-26

SEC-registered investment adviser since 2017 · limited liability company

Assets managed$452.1m
Staff7 · 2 in investment roles
Main clients (by assets)High net worth individuals 51%, Individuals 44%, Pension plans 5%
Websiterba-wealth.com
Form ADV · 2026-03-04SEC adviser record

$190.7m reported value +9.8% vs Q3 2022

90positions

27.8%in top 10

4 new 60 added 22 reduced 1 sold out vs Q3 2022

Options: 1 call positions ($31.5k notional), 0 put positions (— notional) – listed below, not included above.

Holdings, Q4 2022

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	AUTOZONE INC COM AZO	AZO	2,731	$6.7m3.53%	3.53%	Reduced -51	-51 -1.8%
2	UNITEDHEALTH GROUP INC COM UNH	UNH	11,352	$6.0m3.16%	3.16%	Reduced -66	-66 -0.6%
3	APPLE INC COM AAPL	AAPL	44,674	$5.8m3.04%	3.04%	Added +183	+183 0.4%
4	METLIFE INC COM MET	MET	71,585	$5.2m2.72%	2.72%	Added +480	+480 0.7%
5	TECK RESOURCES LTD CL B TECK	TECK	133,138	$5.0m2.64%	2.64%	Reduced -627	-627 -0.5%
6	CUMMINS INC COM CMI	CMI	20,565	$5.0m2.61%	2.61%	Added +117	+117 0.6%
7	LOCKHEED MARTIN CORP COM LMT	LMT	10,066	$4.9m2.57%	2.57%	Added +1	+1 0.0%
8	WASTE MGMT INC DEL COM WM	WM	30,656	$4.8m2.52%	2.52%	Added +304	+304 1.0%
9	PEPSICO INC COM PEP	PEP	26,352	$4.8m2.50%	2.50%	Added +247	+247 0.9%
10	ARCH CAP GROUP LTD ORD ACGL	ACGL	75,003	$4.7m2.47%	2.47%	Added +900	+900 1.2%
11	MICROSOFT CORP COM MSFT	MSFT	18,649	$4.5m2.35%	2.35%	Added +96	+96 0.5%
12	JPMORGAN CHASE & CO COM JPM	JPM	32,930	$4.4m2.32%	2.32%	Added +1.1k	+1,098 3.5%
13	CVS HEALTH CORP COM CVS	CVS	45,942	$4.3m2.25%	2.25%	Added +705	+705 1.6%
14	VISA INC COM CL A V	V	20,475	$4.3m2.23%	2.23%	Added +521	+521 2.6%
15	MERCK & CO INC COM MRK	MRK	38,126	$4.2m2.22%	2.22%	Added +35.1k	+35,114 1165.8%
16	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	29,696	$4.2m2.19%	2.19%	Added +596	+596 2.0%
17	ALPHABET INC CAP STK CL A GOOGL	GOOGL	46,691	$4.1m2.16%	2.16%	Added +2.3k	+2,262 5.1%
18	WALMART INC COM WMT	WMT	28,891	$4.1m2.15%	2.15%	Added +281	+281 1.0%
19	ALLSTATE CORP COM ALL	ALL	29,371	$4.0m2.09%	2.09%	Added +442	+442 1.5%
20	PROCTER AND GAMBLE CO COM PG	PG	26,135	$4.0m2.08%	2.08%	Added +545	+545 2.1%
21	FORWARD AIR CORP COM FWRD	FWRD	37,725	$4.0m2.08%	2.08%	Added +792	+792 2.1%
22	DIODES INC COM DIOD	DIOD	51,454	$3.9m2.05%	2.05%	Added +493	+493 1.0%
23	BROADCOM INC COM AVGO	AVGO	6,947	$3.9m2.04%	2.04%	Added +216	+216 3.2%
24	SYNOPSYS INC COM SNPS	SNPS	11,855	$3.8m1.99%	1.99%	Added +199	+199 1.7%
25	HOME DEPOT INC COM HD	HD	11,974	$3.8m1.98%	1.98%	Added +170	+170 1.4%
26	PROLOGIS INC. COM PLD	PLD	31,452	$3.5m1.86%	1.86%	Added +539	+539 1.7%
27	ULTA BEAUTY INC COM ULTA	ULTA	7,556	$3.5m1.86%	1.86%	Added +281	+281 3.9%
28	ABBVIE INC COM ABBV	ABBV	21,861	$3.5m1.85%	1.85%	Added +394	+394 1.8%
29	GOLDMAN SACHS GROUP INC COM GS	GS	9,751	$3.3m1.76%	1.76%	Added +140	+140 1.5%
30	CISCO SYS INC COM CSCO	CSCO	68,230	$3.3m1.70%	1.70%	Added +2.7k	+2,688 4.1%
31	COMCAST CORP NEW CL A CMCSA	CMCSA	90,455	$3.2m1.66%	1.66%	Added +712	+712 0.8%
32	BOSTON SCIENTIFIC CORP COM BSX	BSX	67,131	$3.1m1.63%	1.63%	Added +2.5k	+2,521 3.9%
33	MEDTRONIC PLC SHS MDT	MDT	38,635	$3.0m1.57%	1.57%	Reduced -117	-117 -0.3%
34	QUALCOMM INC COM QCOM	QCOM	27,304	$3.0m1.57%	1.57%	Added +508	+508 1.9%
35	AMAZON COM INC COM AMZN	AMZN	35,498	$3.0m1.56%	1.56%	Added +2.2k	+2,157 6.5%
36	ELECTRONIC ARTS INC COM EA	EA	22,669	$2.8m1.45%	1.45%	Added +1.0k	+1,002 4.6%
37	EAGLE MATLS INC COM EXP	EXP	20,664	$2.7m1.44%	1.44%	Added +376	+376 1.9%
38	COGNIZANT TECHNOLOGY SOLUTIO CL A CTSH	CTSH	45,199	$2.6m1.36%	1.36%	Added +2.9k	+2,929 6.9%
39	FIDELITY NATL INFORMATION SV COM FIS	FIS	35,932	$2.4m1.28%	1.28%	Reduced -322	-322 -0.9%
40	HASBRO INC COM HAS	HAS	36,219	$2.2m1.16%	1.16%	Added +3.4k	+3,443 10.5%
41	UGI CORP NEW COM UGI	UGI	53,268	$2.0m1.04%	1.04%	Added +3.6k	+3,648 7.3%
42	CHEVRON CORP NEW COM CVX	CVX	10,603	$1.9m1.00%	1.00%	Reduced -395	-395 -3.6%
43	ALEXANDRIA REAL ESTATE EQ IN COM ARE	ARE	11,551	$1.7m0.88%	0.88%	Added +1.0k	+1,015 9.6%
44	VANGUARD WORLD FD INF TECH ETF VGT	VGT	5,243	$1.7m0.88%	0.88%	Added +259	+259 5.2%
45	TARGA RES CORP COM TRGP	TRGP	21,608	$1.6m0.83%	0.83%	Added +2.6k	+2,642 13.9%
46	EOG RES INC COM EOG	EOG	12,111	$1.6m0.82%	0.82%	Added +1.8k	+1,820 17.7%
47	PFIZER INC COM PFE	PFE	27,876	$1.4m0.75%	0.75%	Added +16.6k	+16,579 146.8%
48	JOHNSON & JOHNSON COM JNJ	JNJ	7,441	$1.3m0.69%	0.69%	Reduced -130	-130 -1.7%
49	ISHARES TR CORE US AGGBD ET AGG	AGG	12,430	$1.2m0.63%	0.63%	Added +514	+514 4.3%
50	VANGUARD WORLD FD HEALTH CAR ETF VHT	VHT	4,215	$1.0m0.55%	0.55%	Added +229	+229 5.8%
51	SEMPRA COM SRE	SRE	6,074	$938.8k0.49%	0.49%	Reduced -334	-334 -5.2%
52	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	2	$937.4k0.49%	0.49%	Unchanged
53	VANGUARD WORLD FD FINANCIALS ETF VFH	VFH	9,538	$789.1k0.41%	0.41%	Added +346	+346 3.8%
54	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	9,638	$692.4k0.36%	0.36%	Added +971	+971 11.2%
55	OTTER TAIL CORP COM OTTR	OTTR	11,520	$676.3k0.35%	0.35%	Added +7.8k	+7,764 206.7%
56	VANGUARD WORLD FD CONSUM DIS ETF VCR	VCR	3,030	$663.6k0.35%	0.35%	Added +177	+177 6.2%
57	VANGUARD WORLD FD INDUSTRIAL ETF VIS	VIS	3,512	$641.4k0.34%	0.34%	Added +111	+111 3.3%
58	TESLA INC COM TSLA	TSLA	4,471	$550.7k0.29%	0.29%	Added +81	+81 1.9%
59	STARBUCKS CORP COM SBUX	SBUX	5,324	$528.1k0.28%	0.28%	Unchanged
60	GILEAD SCIENCES INC COM GILD	GILD	6,137	$526.9k0.28%	0.28%	Reduced -178	-178 -2.8%
61	VANGUARD WORLD FD COMM SRVC ETF VOX	VOX	5,676	$466.9k0.24%	0.24%	Added +249	+249 4.6%
62	VODAFONE GROUP PLC NEW SPONSORED ADR VOD	VOD	46,057	$466.1k0.24%	0.24%	Reduced -18.0k	-17,992 -28.1%
63	CHUBB LIMITED COM CB	CB	2,088	$460.6k0.24%	0.24%	Unchanged
64	MCDONALDS CORP COM MCD	MCD	1,695	$446.7k0.23%	0.23%	Added +60	+60 3.7%
65	VANGUARD WORLD FD CONSUM STP ETF VDC	VDC	2,131	$408.2k0.21%	0.21%	Added +109	+109 5.4%
66	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	5,557	$399.8k0.21%	0.21%	Reduced -54.0k	-54,015 -90.7%
67	VANGUARD WORLD FD ENERGY ETF VDE	VDE	2,844	$344.9k0.18%	0.18%	Added +72	+72 2.6%
68	SCHWAB STRATEGIC TR US AGGREGATE B SCHZ	SCHZ	7,468	$340.9k0.18%	0.18%	Added +511	+511 7.3%
69	SCHWAB STRATEGIC TR US LCAP VA ETF SCHV	SCHV	5,158	$340.5k0.18%	0.18%	Added +87	+87 1.7%
70	SCHWAB STRATEGIC TR US LCAP GR ETF SCHG	SCHG	6,110	$339.5k0.18%	0.18%	Added +369	+369 6.4%
71	DISNEY WALT CO COM DIS	DIS	3,855	$335.0k0.18%	0.18%	Reduced -11	-11 -0.3%
72	CONOCOPHILLIPS COM COP	COP	2,807	$331.3k0.17%	0.17%	Added +165	+165 6.2%
73	COTERRA ENERGY INC COM CTRA	CTRA	12,736	$312.9k0.16%	0.16%	Reduced -365	-365 -2.8%
74	SCHWAB STRATEGIC TR US MID-CAP ETF SCHM	SCHM	4,631	$303.8k0.16%	0.16%	Added +54	+54 1.2%
75	J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM JEPI	JEPI	5,342	$291.1k0.15%	0.15%	Reduced -563	-563 -9.5%
76	VISHAY INTERTECHNOLOGY INC COM VSH	VSH	12,786	$275.8k0.14%	0.14%	Reduced -2.3k	-2,288 -15.2%
77	RAYMOND JAMES FINL INC COM RJF	RJF	2,510	$268.2k0.14%	0.14%	Reduced -505	-505 -16.8%
78	GLOBAL X FDS US PFD ETF PFFD	PFFD	13,563	$262.7k0.14%	0.14%	Reduced -714	-714 -5.0%
79	SCHWAB STRATEGIC TR INTL EQTY ETF SCHF	SCHF	7,712	$248.4k0.13%	0.13%	Added +276	+276 3.7%
80	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	781	$241.3k0.13%	0.13%	Reduced -154	-154 -16.5%
81	ISHARES TR TIPS BD ETF TIP	TIP	2,172	$231.2k0.12%	0.12%	Reduced -570	-570 -20.8%
82	ISHARES TR FLTG RATE NT ETF FLOT	FLOT	4,511	$227.0k0.12%	0.12%	Added +5	+5 0.1%
83	CORNING INC COM GLW	GLW	7,031	$224.6k0.12%	0.12%	Reduced -180	-180 -2.5%
84	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	2,587	$213.4k0.11%	0.11%	New
85	VANGUARD WORLD FD MATERIALS ETF VAW	VAW	1,201	$204.4k0.11%	0.11%	New
86	COSTCO WHSL CORP NEW COM COST	COST	441	$201.4k0.11%	0.11%	Unchanged
87	VANGUARD WORLD FD UTILITIES ETF VPU	VPU	1,313	$201.4k0.11%	0.11%	New
88	SCHWAB STRATEGIC TR US SML CAP ETF SCHA	SCHA	4,945	$200.3k0.11%	0.11%	New
89	BLACKROCK FLOATING RATE INCO COM XFRAX	XFRAX	13,914	$156.7k0.08%	0.08%	Reduced -630	-630 -4.3%
90	INVESCO EXCH TRADED FD TR II PFD ETF PGX	PGX	10,055	$112.4k0.06%	0.06%	Reduced -561	-561 -5.3%

Sold out since Q3 2022

Security	Ticker	Shares held before	Value then
TEGNA INC TGNA	TGNA	207,625	$4.3m207.6k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
GLOBAL X FDS QYLD · Call	QYLD	Call	198,103	$31.5k198.1k shares	New