RBA Wealth Management, LLC

NEWPORT BEACH, CA · CIK 1776296 · 13F filing filed 2024-04-19

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

$246.8m reported value +7.7% vs Q4 2023

91positions

29.0%in top 10

6 new 50 added 31 reduced 5 sold out vs Q4 2023

Holdings, Q1 2024

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	MICROSOFT CORP COM MSFT	MSFT	20,602	$8.7m3.51%	3.51%	Added +983	+983 5.0%
2	BROADCOM INC COM AVGO	AVGO	5,914	$7.8m3.18%	3.18%	Reduced -1.1k	-1,077 -15.4%
3	AUTOZONE INC COM AZO	AZO	2,429	$7.7m3.10%	3.10%	Reduced -202	-202 -7.7%
4	APPLE INC COM AAPL	AAPL	44,506	$7.6m3.09%	3.09%	Added +626	+626 1.4%
5	ALPHABET INC CAP STK CL A GOOGL	GOOGL	49,361	$7.5m3.02%	3.02%	Reduced -135	-135 -0.3%
6	WASTE MGMT INC DEL COM WM	WM	31,626	$6.7m2.73%	2.73%	Reduced -424	-424 -1.3%
7	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	6,931	$6.7m2.73%	2.73%	Reduced -117	-117 -1.7%
8	CUMMINS INC COM CMI	CMI	21,341	$6.3m2.55%	2.55%	Added +100	+100 0.5%
9	SYNOPSYS INC COM SNPS	SNPS	10,955	$6.3m2.54%	2.54%	Reduced -740	-740 -6.3%
10	ARCH CAP GROUP LTD ORD ACGL	ACGL	67,489	$6.2m2.53%	2.53%	Reduced -3.9k	-3,874 -5.4%
11	VISA INC COM CL A V	V	21,599	$6.0m2.44%	2.44%	Added +134	+134 0.6%
12	TECK RESOURCES LTD CL B TECK	TECK	131,214	$6.0m2.43%	2.43%	Reduced -449	-449 -0.3%
13	UNITEDHEALTH GROUP INC COM UNH	UNH	11,785	$5.8m2.36%	2.36%	Added +109	+109 0.9%
14	EAGLE MATLS INC COM EXP	EXP	21,171	$5.8m2.33%	2.33%	Reduced -441	-441 -2.0%
15	METLIFE INC COM MET	MET	76,349	$5.7m2.29%	2.29%	Added +1.3k	+1,307 1.7%
16	WALMART INC COM WMT	WMT	91,798	$5.5m2.24%	2.24%	Added +766	+766 0.8%
17	MERCK & CO INC COM MRK	MRK	41,579	$5.5m2.22%	2.22%	Added +479	+479 1.2%
18	ADOBE INC COM ADBE	ADBE	10,470	$5.3m2.14%	2.14%	Added +64	+64 0.6%
19	QUALCOMM INC COM QCOM	QCOM	30,570	$5.2m2.10%	2.10%	Added +97	+97 0.3%
20	HOME DEPOT INC COM HD	HD	12,948	$5.0m2.01%	2.01%	Added +132	+132 1.0%
21	LOCKHEED MARTIN CORP COM LMT	LMT	10,805	$4.9m1.99%	1.99%	Added +221	+221 2.1%
22	PEPSICO INC COM PEP	PEP	27,763	$4.9m1.97%	1.97%	Added +327	+327 1.2%
23	BOSTON SCIENTIFIC CORP COM BSX	BSX	69,463	$4.8m1.93%	1.93%	Reduced -1.2k	-1,220 -1.7%
24	PROCTER AND GAMBLE CO COM PG	PG	27,897	$4.5m1.83%	1.83%	Added +167	+167 0.6%
25	MCDONALDS CORP COM MCD	MCD	15,653	$4.4m1.79%	1.79%	Added +164	+164 1.1%
26	COMCAST CORP NEW CL A CMCSA	CMCSA	101,445	$4.4m1.78%	1.78%	Added +3.2k	+3,197 3.2%
27	PROLOGIS INC. COM PLD	PLD	33,474	$4.4m1.77%	1.77%	Added +412	+412 1.2%
28	EAST WEST BANCORP INC COM EWBC	EWBC	55,023	$4.4m1.76%	1.76%	Added +896	+896 1.7%
29	S&P GLOBAL INC COM SPGI	SPGI	10,136	$4.3m1.75%	1.75%	Added +361	+361 3.7%
30	CVS HEALTH CORP COM CVS	CVS	52,815	$4.2m1.71%	1.71%	Added +1.5k	+1,539 3.0%
31	DIODES INC COM DIOD	DIOD	56,548	$4.0m1.62%	1.62%	Added +1.1k	+1,083 1.9%
32	MEDTRONIC PLC SHS MDT	MDT	43,453	$3.8m1.53%	1.53%	Added +933	+933 2.2%
33	COGNIZANT TECHNOLOGY SOLUTIO CL A CTSH	CTSH	51,553	$3.8m1.53%	1.53%	Added +1.3k	+1,311 2.6%
34	THE CIGNA GROUP COM CI	CI	10,349	$3.8m1.52%	1.52%	Added +229	+229 2.3%
35	CISCO SYS INC COM CSCO	CSCO	74,838	$3.7m1.51%	1.51%	Added +1.3k	+1,273 1.7%
36	LULULEMON ATHLETICA INC COM LULU	LULU	9,315	$3.6m1.47%	1.47%	Added +358	+358 4.0%
37	FIDELITY NATL INFORMATION SV COM FIS	FIS	46,981	$3.5m1.41%	1.41%	Added +1.2k	+1,227 2.7%
38	ELECTRONIC ARTS INC COM EA	EA	25,828	$3.4m1.39%	1.39%	Added +622	+622 2.5%
39	TRACTOR SUPPLY CO COM TSCO	TSCO	13,014	$3.4m1.38%	1.38%	New
40	FLOWSERVE CORP COM FLS	FLS	68,121	$3.1m1.26%	1.26%	New
41	TARGA RES CORP COM TRGP	TRGP	26,302	$2.9m1.19%	1.19%	Added +721	+721 2.8%
42	NXP SEMICONDUCTORS N V COM NXPI	NXPI	11,662	$2.9m1.17%	1.17%	Added +315	+315 2.8%
43	EDISON INTL COM EIX	EIX	35,819	$2.5m1.03%	1.03%	Added +2.6k	+2,649 8.0%
44	VANGUARD WORLD FD INF TECH ETF VGT	VGT	4,496	$2.4m0.96%	0.96%	Reduced -90	-90 -2.0%
45	EOG RES INC COM EOG	EOG	16,900	$2.2m0.88%	0.88%	Added +972	+972 6.1%
46	CHEVRON CORP NEW COM CVX	CVX	10,428	$1.6m0.67%	0.67%	Reduced -18	-18 -0.2%
47	GAMING & LEISURE PPTYS INC COM GLPI	GLPI	33,422	$1.5m0.62%	0.62%	Added +1.6k	+1,587 5.0%
48	ISHARES TR CORE US AGGBD ET AGG	AGG	13,865	$1.4m0.55%	0.55%	Added +742	+742 5.7%
49	AMAZON COM INC COM AMZN	AMZN	6,727	$1.2m0.49%	0.49%	Reduced -227	-227 -3.3%
50	VANGUARD WORLD FD FINANCIALS ETF VFH	VFH	11,021	$1.1m0.46%	0.46%	Added +11	+11 0.1%
51	OTTER TAIL CORP COM OTTR	OTTR	12,052	$1.0m0.42%	0.42%	Reduced -12.0k	-11,952 -49.8%
52	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	2,976	$1.0m0.42%	0.42%	New
53	T-MOBILE US INC COM TMUS	TMUS	6,308	$1.0m0.42%	0.42%	Added +983	+983 18.5%
54	VANGUARD WORLD FD HEALTH CAR ETF VHT	VHT	3,774	$1.0m0.41%	0.41%	Reduced -95	-95 -2.5%
55	VANGUARD WORLD FD CONSUM DIS ETF VCR	VCR	2,871	$912.2k0.37%	0.37%	Added +34	+34 1.2%
56	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	11,462	$832.5k0.34%	0.34%	Added +894	+894 8.5%
57	VANGUARD WORLD FD INDUSTRIAL ETF VIS	VIS	3,378	$824.7k0.33%	0.33%	Added +35	+35 1.1%
58	JPMORGAN CHASE & CO COM JPM	JPM	3,661	$733.3k0.30%	0.30%	Reduced -9	-9 -0.2%
59	VANGUARD WORLD FD COMM SRVC ETF VOX	VOX	5,158	$676.8k0.27%	0.27%	Added +22	+22 0.4%
60	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	2,977	$568.6k0.23%	0.23%	Reduced -74	-74 -2.4%
61	TESLA INC COM TSLA	TSLA	3,168	$556.9k0.23%	0.23%	Unchanged
62	SCHWAB STRATEGIC TR US LCAP GR ETF SCHG	SCHG	5,425	$503.0k0.20%	0.20%	Added +105	+105 2.0%
63	CHUBB LIMITED COM CB	CB	1,911	$495.3k0.20%	0.20%	Reduced -38	-38 -1.9%
64	DISNEY WALT CO COM DIS	DIS	3,755	$459.5k0.19%	0.19%	Added +1	+1 0.0%
65	VANGUARD WORLD FD CONSUM STP ETF VDC	VDC	2,131	$435.0k0.18%	0.18%	Added +23	+23 1.1%
66	JOHNSON & JOHNSON COM JNJ	JNJ	2,721	$430.4k0.17%	0.17%	Reduced -1.4k	-1,442 -34.6%
67	STARBUCKS CORP COM SBUX	SBUX	4,642	$424.2k0.17%	0.17%	Reduced -445	-445 -8.8%
68	SCHWAB STRATEGIC TR US MID-CAP ETF SCHM	SCHM	4,472	$364.2k0.15%	0.15%	Added +10	+10 0.2%
69	VANGUARD WORLD FD ENERGY ETF VDE	VDE	2,698	$355.3k0.14%	0.14%	Added +35	+35 1.3%
70	SCHWAB STRATEGIC TR US AGGREGATE B SCHZ	SCHZ	7,337	$337.5k0.14%	0.14%	Added +99	+99 1.4%
71	COTERRA ENERGY INC COM CTRA	CTRA	12,084	$336.9k0.14%	0.14%	Reduced -17	-17 -0.1%
72	COSTCO WHSL CORP NEW COM COST	COST	448	$328.0k0.13%	0.13%	Reduced -1	-1 -0.2%
73	COPART INC COM CPRT	CPRT	5,556	$321.8k0.13%	0.13%	Unchanged
74	SCHWAB STRATEGIC TR US LCAP VA ETF SCHV	SCHV	4,182	$317.8k0.13%	0.13%	Reduced -178	-178 -4.1%
75	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	755	$317.5k0.13%	0.13%	Unchanged
76	CONOCOPHILLIPS COM COP	COP	2,484	$316.1k0.13%	0.13%	Reduced -324	-324 -11.5%
77	FEDEX CORP COM FDX	FDX	1,070	$310.0k0.13%	0.13%	Unchanged
78	NVIDIA CORPORATION COM NVDA	NVDA	324	$292.8k0.12%	0.12%	New
79	SCHWAB STRATEGIC TR US SML CAP ETF SCHA	SCHA	5,558	$273.7k0.11%	0.11%	Added +161	+161 3.0%
80	J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM JEPI	JEPI	4,506	$260.7k0.11%	0.11%	Reduced -18	-18 -0.4%
81	ULTA BEAUTY INC COM ULTA	ULTA	485	$253.6k0.10%	0.10%	Reduced -51	-51 -9.5%
82	VANGUARD WORLD FD MATERIALS ETF VAW	VAW	1,200	$245.3k0.10%	0.10%	Added +30	+30 2.6%
83	SPDR SERIES TRUST PRTFLO S&P500 GW SPYG	SPYG	3,316	$242.5k0.10%	0.10%	Added +61	+61 1.9%
84	SCHWAB STRATEGIC TR INTL EQTY ETF SCHF	SCHF	6,144	$239.7k0.10%	0.10%	Reduced -103	-103 -1.6%
85	ISHARES TR FLTG RATE NT ETF FLOT	FLOT	4,648	$237.3k0.10%	0.10%	Reduced -122	-122 -2.6%
86	RAYMOND JAMES FINL INC COM RJF	RJF	1,805	$231.8k0.09%	0.09%	Reduced -310	-310 -14.7%
87	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	2,575	$222.7k0.09%	0.09%	Added +194	+194 8.2%
88	SALESFORCE INC COM CRM	CRM	686	$206.6k0.08%	0.08%	New
89	VANGUARD WORLD FD UTILITIES ETF VPU	VPU	1,431	$204.0k0.08%	0.08%	New
90	ISHARES TR TIPS BD ETF TIP	TIP	1,873	$201.2k0.08%	0.08%	Reduced -140	-140 -7.0%
91	BLACKROCK FLOATING RATE INCO COM XFRAX	XFRAX	12,517	$161.7k0.07%	0.07%	Reduced -1.0k	-1,047 -7.7%

Sold out since Q4 2023

Security	Ticker	Shares held before	Value then
FORWARD AIR CORP FWRD	FWRD	42,981	$2.7m43.0k shares
HASBRO INC HAS	HAS	46,061	$2.4m46.1k shares
GILEAD SCIENCES INC GILD	GILD	4,823	$390.7k4.8k shares
VISHAY INTERTECHNOLOGY INC VSH	VSH	9,789	$234.6k9.8k shares
SEMPRA SRE	SRE	3,035	$226.8k3.0k shares