RBA Wealth Management, LLC

NEWPORT BEACH, CA · CIK 1776296 · 13F filing filed 2024-07-19

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

$249.5m reported value +1.1% vs Q1 2024

90positions

30.3%in top 10

3 new 41 added 44 reduced 4 sold out vs Q1 2024

Holdings, Q2 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	APPLE INC COM AAPL	AAPL	43,794	$9.2m3.70%	3.70%	Reduced -712	-712 -1.6%
2	MICROSOFT CORP COM MSFT	MSFT	20,213	$9.0m3.62%	3.62%	Reduced -389	-389 -1.9%
3	BROADCOM INC COM AVGO	AVGO	5,461	$8.8m3.51%	3.51%	Reduced -453	-453 -7.7%
4	ALPHABET INC CAP STK CL A GOOGL	GOOGL	47,166	$8.6m3.44%	3.44%	Reduced -2.2k	-2,195 -4.5%
5	AUTOZONE INC COM AZO	AZO	2,404	$7.1m2.86%	2.86%	Reduced -25	-25 -1.0%
6	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	6,857	$7.0m2.81%	2.81%	Reduced -74	-74 -1.1%
7	WASTE MGMT INC DEL COM WM	WM	31,638	$6.7m2.70%	2.70%	Added +12	+12 0.0%
8	ARCH CAP GROUP LTD ORD ACGL	ACGL	65,664	$6.6m2.65%	2.65%	Reduced -1.8k	-1,825 -2.7%
9	SYNOPSYS INC COM SNPS	SNPS	10,858	$6.5m2.59%	2.59%	Reduced -97	-97 -0.9%
10	WALMART INC COM WMT	WMT	90,155	$6.1m2.45%	2.45%	Reduced -1.6k	-1,643 -1.8%
11	UNITEDHEALTH GROUP INC COM UNH	UNH	11,941	$6.1m2.44%	2.44%	Added +156	+156 1.3%
12	ADOBE INC COM ADBE	ADBE	10,714	$6.0m2.39%	2.39%	Added +244	+244 2.3%
13	CUMMINS INC COM CMI	CMI	21,173	$5.9m2.35%	2.35%	Reduced -168	-168 -0.8%
14	QUALCOMM INC COM QCOM	QCOM	28,866	$5.7m2.30%	2.30%	Reduced -1.7k	-1,704 -5.6%
15	VISA INC COM CL A V	V	21,833	$5.7m2.30%	2.30%	Added +234	+234 1.1%
16	METLIFE INC COM MET	MET	77,112	$5.4m2.17%	2.17%	Added +763	+763 1.0%
17	MERCK & CO INC COM MRK	MRK	42,052	$5.2m2.09%	2.09%	Added +473	+473 1.1%
18	BOSTON SCIENTIFIC CORP COM BSX	BSX	67,246	$5.2m2.08%	2.08%	Reduced -2.2k	-2,217 -3.2%
19	LOCKHEED MARTIN CORP COM LMT	LMT	10,947	$5.1m2.05%	2.05%	Added +142	+142 1.3%
20	S&P GLOBAL INC COM SPGI	SPGI	10,434	$4.7m1.86%	1.86%	Added +298	+298 2.9%
21	PROCTER AND GAMBLE CO COM PG	PG	28,060	$4.6m1.85%	1.85%	Added +163	+163 0.6%
22	PEPSICO INC COM PEP	PEP	27,883	$4.6m1.84%	1.84%	Added +120	+120 0.4%
23	EAGLE MATLS INC COM EXP	EXP	21,066	$4.6m1.84%	1.84%	Reduced -105	-105 -0.5%
24	HOME DEPOT INC COM HD	HD	13,084	$4.5m1.80%	1.80%	Added +136	+136 1.1%
25	KB HOME COM KBH	KBH	60,766	$4.3m1.71%	1.71%	New
26	EAST WEST BANCORP INC COM EWBC	EWBC	55,913	$4.1m1.64%	1.64%	Added +890	+890 1.6%
27	COMCAST CORP NEW CL A CMCSA	CMCSA	104,050	$4.1m1.63%	1.63%	Added +2.6k	+2,605 2.6%
28	SALESFORCE INC COM CRM	CRM	15,598	$4.0m1.61%	1.61%	Added +14.9k	+14,912 2173.8%
29	PROLOGIS INC. COM PLD	PLD	34,274	$3.8m1.54%	1.54%	Added +800	+800 2.4%
30	FIDELITY NATL INFORMATION SV COM FIS	FIS	50,735	$3.8m1.53%	1.53%	Added +3.8k	+3,754 8.0%
31	TECK RESOURCES LTD CL B TECK	TECK	79,009	$3.8m1.52%	1.52%	Reduced -52.2k	-52,205 -39.8%
32	ELECTRONIC ARTS INC COM EA	EA	26,383	$3.7m1.47%	1.47%	Added +555	+555 2.1%
33	CISCO SYS INC COM CSCO	CSCO	77,005	$3.7m1.47%	1.47%	Added +2.2k	+2,167 2.9%
34	COGNIZANT TECHNOLOGY SOLUTIO CL A CTSH	CTSH	53,280	$3.6m1.45%	1.45%	Added +1.7k	+1,727 3.4%
35	TRACTOR SUPPLY CO COM TSCO	TSCO	13,307	$3.6m1.44%	1.44%	Added +293	+293 2.2%
36	THE CIGNA GROUP COM CI	CI	10,653	$3.5m1.41%	1.41%	Added +304	+304 2.9%
37	FLOWSERVE CORP COM FLS	FLS	72,594	$3.5m1.40%	1.40%	Added +4.5k	+4,473 6.6%
38	T-MOBILE US INC COM TMUS	TMUS	19,764	$3.5m1.40%	1.40%	Added +13.5k	+13,456 213.3%
39	MEDTRONIC PLC SHS MDT	MDT	44,066	$3.5m1.39%	1.39%	Added +613	+613 1.4%
40	TARGA RES CORP COM TRGP	TRGP	26,281	$3.4m1.36%	1.36%	Reduced -21	-21 -0.1%
41	CVS HEALTH CORP COM CVS	CVS	54,407	$3.2m1.29%	1.29%	Added +1.6k	+1,592 3.0%
42	NXP SEMICONDUCTORS N V COM NXPI	NXPI	11,893	$3.2m1.28%	1.28%	Added +231	+231 2.0%
43	LULULEMON ATHLETICA INC COM LULU	LULU	9,795	$2.9m1.17%	1.17%	Added +480	+480 5.2%
44	EDISON INTL COM EIX	EIX	38,050	$2.7m1.09%	1.09%	Added +2.2k	+2,231 6.2%
45	VANGUARD WORLD FD INF TECH ETF VGT	VGT	4,248	$2.4m0.98%	0.98%	Reduced -248	-248 -5.5%
46	EOG RES INC COM EOG	EOG	18,125	$2.3m0.91%	0.91%	Added +1.2k	+1,225 7.2%
47	GAMING & LEISURE PPTYS INC COM GLPI	GLPI	34,860	$1.6m0.63%	0.63%	Added +1.4k	+1,438 4.3%
48	CHEVRON CORP NEW COM CVX	CVX	10,059	$1.6m0.63%	0.63%	Reduced -369	-369 -3.5%
49	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	4,877	$1.5m0.59%	0.59%	Added +1.9k	+1,901 63.9%
50	ISHARES TR CORE US AGGBD ET AGG	AGG	14,008	$1.4m0.54%	0.54%	Added +143	+143 1.0%
51	AMAZON COM INC COM AMZN	AMZN	6,658	$1.3m0.52%	0.52%	Reduced -69	-69 -1.0%
52	VANGUARD WORLD FD FINANCIALS ETF VFH	VFH	10,423	$1.0m0.42%	0.42%	Reduced -598	-598 -5.4%
53	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	13,811	$995.1k0.40%	0.40%	Added +2.3k	+2,349 20.5%
54	VANGUARD WORLD FD HEALTH CAR ETF VHT	VHT	3,642	$968.8k0.39%	0.39%	Reduced -132	-132 -3.5%
55	OTTER TAIL CORP COM OTTR	OTTR	9,881	$865.5k0.35%	0.35%	Reduced -2.2k	-2,171 -18.0%
56	VANGUARD WORLD FD CONSUM DIS ETF VCR	VCR	2,736	$854.5k0.34%	0.34%	Reduced -135	-135 -4.7%
57	VANGUARD WORLD FD INDUSTRIAL ETF VIS	VIS	3,205	$753.9k0.30%	0.30%	Reduced -173	-173 -5.1%
58	JPMORGAN CHASE & CO COM JPM	JPM	3,614	$730.9k0.29%	0.29%	Reduced -47	-47 -1.3%
59	VANGUARD WORLD FD COMM SRVC ETF VOX	VOX	4,917	$679.5k0.27%	0.27%	Reduced -241	-241 -4.7%
60	TESLA INC COM TSLA	TSLA	3,168	$626.8k0.25%	0.25%	Unchanged
61	SCHWAB STRATEGIC TR US LCAP GR ETF SCHG	SCHG	5,474	$552.0k0.22%	0.22%	Added +49	+49 0.9%
62	NVIDIA CORPORATION COM NVDA	NVDA	3,480	$429.9k0.17%	0.17%	Added +240	+240 7.4%
63	DIODES INC COM DIOD	DIOD	5,874	$422.5k0.17%	0.17%	Reduced -50.7k	-50,674 -89.6%
64	VANGUARD WORLD FD CONSUM STP ETF VDC	VDC	2,018	$409.7k0.16%	0.16%	Reduced -113	-113 -5.3%
65	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	2,339	$404.5k0.16%	0.16%	Reduced -638	-638 -21.4%
66	CHUBB LIMITED COM CB	CB	1,585	$404.4k0.16%	0.16%	Reduced -326	-326 -17.1%
67	SCHWAB STRATEGIC TR US AGGREGATE B SCHZ	SCHZ	8,325	$379.4k0.15%	0.15%	Added +988	+988 13.5%
68	COSTCO WHSL CORP NEW COM COST	COST	445	$378.1k0.15%	0.15%	Reduced -3	-3 -0.7%
69	DISNEY WALT CO COM DIS	DIS	3,665	$363.9k0.15%	0.15%	Reduced -90	-90 -2.4%
70	SCHWAB STRATEGIC TR US MID-CAP ETF SCHM	SCHM	4,535	$353.0k0.14%	0.14%	Added +63	+63 1.4%
71	MCDONALDS CORP COM MCD	MCD	1,385	$353.0k0.14%	0.14%	Reduced -14.3k	-14,268 -91.2%
72	VANGUARD WORLD FD ENERGY ETF VDE	VDE	2,443	$311.7k0.12%	0.12%	Reduced -255	-255 -9.4%
73	FEDEX CORP COM FDX	FDX	1,021	$306.1k0.12%	0.12%	Reduced -49	-49 -4.6%
74	COPART INC COM CPRT	CPRT	5,556	$300.9k0.12%	0.12%	Unchanged
75	SCHWAB STRATEGIC TR US LCAP VA ETF SCHV	SCHV	3,826	$283.5k0.11%	0.11%	Reduced -356	-356 -8.5%
76	CONOCOPHILLIPS COM COP	COP	2,461	$281.5k0.11%	0.11%	Reduced -23	-23 -0.9%
77	SCHWAB STRATEGIC TR US SML CAP ETF SCHA	SCHA	5,888	$279.4k0.11%	0.11%	Added +330	+330 5.9%
78	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	686	$279.1k0.11%	0.11%	Reduced -69	-69 -9.1%
79	SPDR SERIES TRUST PRTFLO S&P500 GW SPYG	SPYG	3,362	$269.4k0.11%	0.11%	Added +46	+46 1.4%
80	COTERRA ENERGY INC COM CTRA	CTRA	10,056	$268.2k0.11%	0.11%	Reduced -2.0k	-2,028 -16.8%
81	JOHNSON & JOHNSON COM JNJ	JNJ	1,802	$263.4k0.11%	0.11%	Reduced -919	-919 -33.8%
82	J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM JEPI	JEPI	4,534	$257.0k0.10%	0.10%	Added +28	+28 0.6%
83	ISHARES TR FLTG RATE NT ETF FLOT	FLOT	4,714	$240.8k0.10%	0.10%	Added +66	+66 1.4%
84	SCHWAB STRATEGIC TR INTL EQTY ETF SCHF	SCHF	5,816	$223.4k0.09%	0.09%	Reduced -328	-328 -5.3%
85	RAYMOND JAMES FINL INC COM RJF	RJF	1,788	$221.0k0.09%	0.09%	Reduced -17	-17 -0.9%
86	VANGUARD WORLD FD MATERIALS ETF VAW	VAW	1,076	$207.3k0.08%	0.08%	Reduced -124	-124 -10.3%
87	EXXON MOBIL CORP COM XOM	XOM	1,800	$207.2k0.08%	0.08%	New
88	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	1,180	$205.1k0.08%	0.08%	New
89	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	2,407	$201.6k0.08%	0.08%	Reduced -168	-168 -6.5%
90	BLACKROCK FLOATING RATE INCO COM XFRAX	XFRAX	11,210	$145.1k0.06%	0.06%	Reduced -1.3k	-1,307 -10.4%

Sold out since Q1 2024

Security	Ticker	Shares held before	Value then
STARBUCKS CORP SBUX	SBUX	4,642	$424.2k4.6k shares
ULTA BEAUTY INC ULTA	ULTA	485	$253.6k485 shares
VANGUARD WORLD FD VPU	VPU	1,431	$204.0k1.4k shares
ISHARES TR TIP	TIP	1,873	$201.2k1.9k shares