RBA Wealth Management, LLC

NEWPORT BEACH, CA · CIK 1776296 · 13F filing filed 2024-02-08

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

$229.1m reported value +10.2% vs Q3 2023

90positions

29.3%in top 10

5 new 40 added 42 reduced 1 sold out vs Q3 2023

Holdings, Q4 2023

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	APPLE INC COM AAPL	AAPL	43,880	$8.4m3.69%	3.69%	Reduced -22	-22 -0.1%
2	BROADCOM INC COM AVGO	AVGO	6,991	$7.8m3.41%	3.41%	Reduced -400	-400 -5.4%
3	MICROSOFT CORP COM MSFT	MSFT	19,619	$7.4m3.22%	3.22%	Reduced -201	-201 -1.0%
4	ALPHABET INC CAP STK CL A GOOGL	GOOGL	49,496	$6.9m3.02%	3.02%	Added +184	+184 0.4%
5	AUTOZONE INC COM AZO	AZO	2,631	$6.8m2.97%	2.97%	Reduced -36	-36 -1.4%
6	ADOBE INC COM ADBE	ADBE	10,406	$6.2m2.71%	2.71%	Reduced -280	-280 -2.6%
7	UNITEDHEALTH GROUP INC COM UNH	UNH	11,676	$6.1m2.68%	2.68%	Reduced -25	-25 -0.2%
8	SYNOPSYS INC COM SNPS	SNPS	11,695	$6.0m2.63%	2.63%	Reduced -237	-237 -2.0%
9	WASTE MGMT INC DEL COM WM	WM	32,050	$5.7m2.51%	2.51%	Added +222	+222 0.7%
10	VISA INC COM CL A V	V	21,465	$5.6m2.44%	2.44%	Added +20	+20 0.1%
11	TECK RESOURCES LTD CL B TECK	TECK	131,663	$5.6m2.43%	2.43%	Added +311	+311 0.2%
12	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	7,048	$5.3m2.33%	2.33%	New
13	ARCH CAP GROUP LTD ORD ACGL	ACGL	71,363	$5.3m2.31%	2.31%	Reduced -2.1k	-2,121 -2.9%
14	CUMMINS INC COM CMI	CMI	21,241	$5.1m2.22%	2.22%	Added +236	+236 1.1%
15	METLIFE INC COM MET	MET	75,042	$5.0m2.17%	2.17%	Added +1.1k	+1,104 1.5%
16	LOCKHEED MARTIN CORP COM LMT	LMT	10,584	$4.8m2.09%	2.09%	Added +44	+44 0.4%
17	WALMART INC COM WMT	WMT	30,344	$4.8m2.09%	2.09%	Added +51	+51 0.2%
18	PEPSICO INC COM PEP	PEP	27,436	$4.7m2.03%	2.03%	Added +370	+370 1.4%
19	MCDONALDS CORP COM MCD	MCD	15,489	$4.6m2.00%	2.00%	Added +392	+392 2.6%
20	LULULEMON ATHLETICA INC COM LULU	LULU	8,957	$4.6m2.00%	2.00%	New
21	MERCK & CO INC COM MRK	MRK	41,100	$4.5m1.96%	1.96%	Added +349	+349 0.9%
22	DIODES INC COM DIOD	DIOD	55,465	$4.5m1.95%	1.95%	Added +1.8k	+1,825 3.4%
23	HOME DEPOT INC COM HD	HD	12,816	$4.4m1.94%	1.94%	Added +132	+132 1.0%
24	QUALCOMM INC COM QCOM	QCOM	30,473	$4.4m1.92%	1.92%	Added +573	+573 1.9%
25	PROLOGIS INC. COM PLD	PLD	33,062	$4.4m1.92%	1.92%	Added +173	+173 0.5%
26	EAGLE MATLS INC COM EXP	EXP	21,612	$4.4m1.91%	1.91%	Reduced -7	-7 -0.0%
27	COMCAST CORP NEW CL A CMCSA	CMCSA	98,248	$4.3m1.88%	1.88%	Added +1.6k	+1,561 1.6%
28	S&P GLOBAL INC COM SPGI	SPGI	9,775	$4.3m1.88%	1.88%	New
29	BOSTON SCIENTIFIC CORP COM BSX	BSX	70,683	$4.1m1.78%	1.78%	Reduced -371	-371 -0.5%
30	PROCTER AND GAMBLE CO COM PG	PG	27,730	$4.1m1.77%	1.77%	Added +83	+83 0.3%
31	CVS HEALTH CORP COM CVS	CVS	51,276	$4.0m1.77%	1.77%	Added +915	+915 1.8%
32	EAST WEST BANCORP INC COM EWBC	EWBC	54,127	$3.9m1.70%	1.70%	Added +1.3k	+1,313 2.5%
33	COGNIZANT TECHNOLOGY SOLUTIO CL A CTSH	CTSH	50,242	$3.8m1.66%	1.66%	Added +1.1k	+1,081 2.2%
34	CISCO SYS INC COM CSCO	CSCO	73,565	$3.7m1.62%	1.62%	Added +1.7k	+1,680 2.3%
35	MEDTRONIC PLC SHS MDT	MDT	42,520	$3.5m1.53%	1.53%	Added +330	+330 0.8%
36	ELECTRONIC ARTS INC COM EA	EA	25,206	$3.4m1.51%	1.51%	Added +236	+236 0.9%
37	THE CIGNA GROUP COM CI	CI	10,120	$3.0m1.32%	1.32%	Added +329	+329 3.4%
38	FIDELITY NATL INFORMATION SV COM FIS	FIS	45,754	$2.7m1.20%	1.20%	Added +2.6k	+2,647 6.1%
39	FORWARD AIR CORP COM FWRD	FWRD	42,981	$2.7m1.18%	1.18%	Added +1.9k	+1,911 4.7%
40	NXP SEMICONDUCTORS N V COM NXPI	NXPI	11,347	$2.6m1.14%	1.14%	Added +361	+361 3.3%
41	EDISON INTL COM EIX	EIX	33,170	$2.4m1.04%	1.04%	Added +816	+816 2.5%
42	HASBRO INC COM HAS	HAS	46,061	$2.4m1.03%	1.03%	Added +2.6k	+2,601 6.0%
43	TARGA RES CORP COM TRGP	TRGP	25,581	$2.2m0.97%	0.97%	Added +778	+778 3.1%
44	VANGUARD WORLD FD INF TECH ETF VGT	VGT	4,586	$2.2m0.97%	0.97%	Reduced -217	-217 -4.5%
45	OTTER TAIL CORP COM OTTR	OTTR	24,004	$2.0m0.89%	0.89%	Added +585	+585 2.5%
46	EOG RES INC COM EOG	EOG	15,928	$1.9m0.84%	0.84%	Added +1.2k	+1,190 8.1%
47	GAMING & LEISURE PPTYS INC COM GLPI	GLPI	31,835	$1.6m0.69%	0.69%	Added +855	+855 2.8%
48	CHEVRON CORP NEW COM CVX	CVX	10,446	$1.6m0.68%	0.68%	Reduced -16	-16 -0.1%
49	ISHARES TR CORE US AGGBD ET AGG	AGG	13,123	$1.3m0.57%	0.57%	Reduced -521	-521 -3.8%
50	AMAZON COM INC COM AMZN	AMZN	6,954	$1.1m0.46%	0.46%	Added +969	+969 16.2%
51	VANGUARD WORLD FD FINANCIALS ETF VFH	VFH	11,010	$1.0m0.44%	0.44%	Reduced -42	-42 -0.4%
52	VANGUARD WORLD FD HEALTH CAR ETF VHT	VHT	3,869	$970.0k0.42%	0.42%	Reduced -246	-246 -6.0%
53	VANGUARD WORLD FD CONSUM DIS ETF VCR	VCR	2,837	$864.0k0.38%	0.38%	Reduced -130	-130 -4.4%
54	T-MOBILE US INC COM TMUS	TMUS	5,325	$853.8k0.37%	0.37%	Added +756	+756 16.6%
55	TESLA INC COM TSLA	TSLA	3,168	$787.1k0.34%	0.34%	Added +1	+1 0.0%
56	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	10,568	$777.3k0.34%	0.34%	Added +11	+11 0.1%
57	VANGUARD WORLD FD INDUSTRIAL ETF VIS	VIS	3,343	$736.9k0.32%	0.32%	Reduced -198	-198 -5.6%
58	JOHNSON & JOHNSON COM JNJ	JNJ	4,163	$652.4k0.28%	0.28%	Reduced -750	-750 -15.3%
59	JPMORGAN CHASE & CO COM JPM	JPM	3,670	$624.2k0.27%	0.27%	Reduced -73	-73 -1.9%
60	VANGUARD WORLD FD COMM SRVC ETF VOX	VOX	5,136	$604.6k0.26%	0.26%	Reduced -230	-230 -4.3%
61	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	3,051	$499.0k0.22%	0.22%	Reduced -29.0k	-28,952 -90.5%
62	STARBUCKS CORP COM SBUX	SBUX	5,087	$488.4k0.21%	0.21%	Reduced -17	-17 -0.3%
63	SCHWAB STRATEGIC TR US LCAP GR ETF SCHG	SCHG	5,320	$441.3k0.19%	0.19%	Reduced -23	-23 -0.4%
64	CHUBB LIMITED COM CB	CB	1,949	$440.5k0.19%	0.19%	Reduced -51	-51 -2.5%
65	VANGUARD WORLD FD CONSUM STP ETF VDC	VDC	2,108	$402.5k0.18%	0.18%	Reduced -87	-87 -4.0%
66	GILEAD SCIENCES INC COM GILD	GILD	4,823	$390.7k0.17%	0.17%	Reduced -375	-375 -7.2%
67	DISNEY WALT CO COM DIS	DIS	3,754	$339.0k0.15%	0.15%	Reduced -181	-181 -4.6%
68	SCHWAB STRATEGIC TR US AGGREGATE B SCHZ	SCHZ	7,238	$337.5k0.15%	0.15%	Added +52	+52 0.7%
69	SCHWAB STRATEGIC TR US MID-CAP ETF SCHM	SCHM	4,462	$336.0k0.15%	0.15%	Reduced -5	-5 -0.1%
70	CONOCOPHILLIPS COM COP	COP	2,808	$325.9k0.14%	0.14%	Unchanged
71	VANGUARD WORLD FD ENERGY ETF VDE	VDE	2,663	$312.3k0.14%	0.14%	Reduced -150	-150 -5.3%
72	COTERRA ENERGY INC COM CTRA	CTRA	12,101	$308.8k0.13%	0.13%	Reduced -12	-12 -0.1%
73	SCHWAB STRATEGIC TR US LCAP VA ETF SCHV	SCHV	4,360	$305.6k0.13%	0.13%	Reduced -92	-92 -2.1%
74	COSTCO WHSL CORP NEW COM COST	COST	449	$296.1k0.13%	0.13%	Added +5	+5 1.1%
75	COPART INC COM CPRT	CPRT	5,556	$272.2k0.12%	0.12%	Unchanged
76	FEDEX CORP COM FDX	FDX	1,070	$270.7k0.12%	0.12%	Unchanged
77	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	755	$269.3k0.12%	0.12%	Reduced -6	-6 -0.8%
78	ULTA BEAUTY INC COM ULTA	ULTA	536	$262.6k0.11%	0.11%	Reduced -7.7k	-7,719 -93.5%
79	SCHWAB STRATEGIC TR US SML CAP ETF SCHA	SCHA	5,397	$255.0k0.11%	0.11%	Added +133	+133 2.5%
80	J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM JEPI	JEPI	4,524	$248.8k0.11%	0.11%	Reduced -469	-469 -9.4%
81	ISHARES TR FLTG RATE NT ETF FLOT	FLOT	4,770	$241.5k0.11%	0.11%	Reduced -58	-58 -1.2%
82	RAYMOND JAMES FINL INC COM RJF	RJF	2,115	$235.8k0.10%	0.10%	Reduced -154	-154 -6.8%
83	VISHAY INTERTECHNOLOGY INC COM VSH	VSH	9,789	$234.6k0.10%	0.10%	Reduced -1.0k	-1,035 -9.6%
84	SCHWAB STRATEGIC TR INTL EQTY ETF SCHF	SCHF	6,247	$230.9k0.10%	0.10%	Reduced -68	-68 -1.1%
85	SEMPRA COM SRE	SRE	3,035	$226.8k0.10%	0.10%	Reduced -423	-423 -12.2%
86	VANGUARD WORLD FD MATERIALS ETF VAW	VAW	1,170	$222.2k0.10%	0.10%	Reduced -55	-55 -4.5%
87	ISHARES TR TIPS BD ETF TIP	TIP	2,013	$216.4k0.09%	0.09%	Reduced -30	-30 -1.5%
88	SPDR SERIES TRUST PRTFLO S&P500 GW SPYG	SPYG	3,255	$211.8k0.09%	0.09%	New
89	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	2,381	$210.4k0.09%	0.09%	New
90	BLACKROCK FLOATING RATE INCO COM XFRAX	XFRAX	13,564	$171.7k0.07%	0.07%	Reduced -90	-90 -0.7%

Sold out since Q3 2023

Security	Ticker	Shares held before	Value then
GOLDMAN SACHS GROUP INC GS	GS	11,401	$3.7m11.4k shares