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Werba Rubin Papier Wealth Management — 13F Holdings & Portfolio

CIK 1971029 · latest 13F-HR filed 2026-07-28

Backtest portfolio

Werba Rubin Papier Wealth Management manages $823.5M in 13F-reported U.S. long-equity assets across 309 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are AVUS (11.93%), AVDE (9.49%), AVUV (6.68%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 48 new positions and exited 17; 174 existing positions rose in reported value and 42 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$823.5M

Long-equity book

Holdings
309

Distinct positions

Period
2026-06-30

Filed 2026-07-28

Q/Q Activity
+48 / −17 / ↑174 / ↓42

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
AVUS11.9% · +5%AVDE9.5% · +5%AVUV6.7% · +2%AVDV4.2% · +3%AAPL4.1% · -2%BND3.8% · +6%VTV3.2% · +8%VUG3.1% · +551%NVDA2.8% · -13%AVEM2.5% · +6%IEF2.0% · -1%SCHQ1.8% · -3%DFIV1.6% · +4%DFSD1.6% · +7%AVSF1.3% · +10%DFUV1.2% · -1%DFAI1.2% · +8%CGCB1.0% · +11%VIGI0.9% · +17%VSDB0.9% · +39%SCHV0.9% · +4%AVIG0.8% · +47%DFAC0.8% · +1%VOO0.7% · -14%EMXC0.7% · +9%AVLV0.7% · -3%GOOGL0.7% · -4%LRCX0.6% · -6%MSFT0.6% · -4%PRCT0.6% · +0%VWO0.6% · +6%AMZN0.6% · +1%DFUS0.6% · -1%AVGE0.5% · +21%VBR0.5% · +5%VTI0.5% · +2%VOE0.4% · +6%VOT0.4% · +7%SPY0.4% · 0%GOOG0.4% · -41%DFAT0.4% · +1%META0.4% · -10%BITW0.4% · -12%BRK.B0.4% · -3%DFAU0.3% · +23%SCHG0.3% · -3%AVIV0.3% · -1%GLD0.3% · +3%VBK0.3% · +3%V0.3% · +2%IVV0.3% · +2%NOW0.3% · +165%TSLA0.3% · +4%SOXX0.3% · +3%JPM0.3% · +4%AVGB0.3% · +50%CSCO0.3% · +53%SNDK0.2% · -2%MQ0.2% · 0%BIV0.2% · +7%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

6 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 51.9%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Aug 6, 2026.

Assets Under Management
$1.40B
Discretionary
$1.37B
Employees
18
Accounts
2,105
Address
1732 NORTH 1ST STREET
SUITE 220
SAN JOSE, CA 95112
Phone
(408) 217-2000
Website
Name Title / Status Ownership Type
PAPIER, JASON, ROBERT ControlMANAGING MEMBER
since Jun 2017
25–50%Individual
RUBIN, AARON, MICHAEL ControlMEMBER
since Jun 2017
25–50%Individual
WERBA, ALAN, BRUCE ControlMEMBER
since Jun 2017
25–50%Individual
JACOBS, SCOTT, BRADLEYMEMBER
since Jan 2025
10–25%Individual
LAM, MY, LOAN THICCO
since Oct 2022
Less than 5%Individual
Ownership & leadership changes · 3 filings with changes since Mar 12, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 27, 2025 filing
  • AddedJACOBS, SCOTT, BRADLEY · MEMBER · 10–25%
Jan 3, 2023 filing
  • AddedLAM, MY, LOAN THI · CCO · Less than 5%
  • ChangedPAPIER, JASON, ROBERT · title CHIEF COMPLIANCE OFFICER / MANAGING MEMBER → MANAGING MEMBER
Jun 15, 2017 filing
  • AddedPAPIER, JASON, ROBERT · CHIEF COMPLIANCE OFFICER / MANAGING MEMBER · 25–50% · control person
  • AddedRUBIN, AARON, MICHAEL · MEMBER · 25–50% · control person
  • ChangedWERBA, ALAN, BRUCE · title CHIEF COMPLIANCE OFFICER / MANAGING MEMBER → MEMBER; ownership 75% or more → 25–50%
Mar 12, 2012 filing (earliest on record)
  • ListedWERBA, ALAN, BRUCE · CHIEF COMPLIANCE OFFICER / MANAGING MEMBER · 75% or more · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Werba Rubin Papier Wealth Management Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 AMERICAN CENTY ETF TR AVUS 025072885 $98.3M 11.93% 767,323 SH
2 AMERICAN CENTY ETF TR AVDE 025072703 $78.2M 9.49% 876,278 SH
3 AMERICAN CENTY ETF TR AVUV 025072877 $55.0M 6.68% 440,829 SH
4 AMERICAN CENTY ETF TR AVDV 025072802 $34.9M 4.24% 338,706 SH
5 APPLE INC AAPL 037833100 $33.9M 4.12% 117,297 SH
6 VANGUARD BD INDEX FDS BND 921937835 $31.6M 3.83% 429,826 SH
7 VANGUARD INDEX FDS VTV 922908744 $26.7M 3.24% 122,581 SH
8 VANGUARD INDEX FDS VUG 922908736 $25.5M 3.10% 296,253 SH
9 NVIDIA CORPORATION NVDA 67066G104 $23.2M 2.82% 115,980 SH
10 AMERICAN CENTY ETF TR AVEM 025072604 $20.2M 2.46% 209,840 SH
11 ISHARES TR IEF 464287440 $16.2M 1.96% 170,993 SH
12 SCHWAB STRATEGIC TR SCHQ 808524680 $14.6M 1.77% 465,471 SH
13 DIMENSIONAL ETF TRUST DFIV 25434V807 $13.5M 1.63% 249,131 SH
14 DIMENSIONAL ETF TRUST DFSD 25434V864 $13.2M 1.60% 276,507 SH
15 AMERICAN CENTY ETF TR AVSF 025072687 $10.3M 1.25% 221,889 SH
16 DIMENSIONAL ETF TRUST DFUV 25434V724 $10.1M 1.23% 183,415 SH
17 DIMENSIONAL ETF TRUST DFAI 25434V203 $9.8M 1.19% 237,423 SH
18 CAPITAL GRP FIXED INCM ETF T CGCB 14020Y508 $8.3M 1.00% 315,605 SH
19 VANGUARD WHITEHALL FDS VIGI 921946810 $7.3M 0.88% 77,823 SH
20 VANGUARD MALVERN FDS VSDB 922020730 $7.1M 0.86% 92,933 SH
21 SCHWAB STRATEGIC TR SCHV 808524409 $7.1M 0.86% 203,775 SH
22 AMERICAN CENTY ETF TR AVIG 025072562 $6.4M 0.77% 153,581 SH
23 DIMENSIONAL ETF TRUST DFAC 25434V708 $6.2M 0.75% 139,544 SH
24 VANGUARD INDEX FDS VOO 922908363 $6.2M 0.75% 8,960 SH
25 ISHARES INC EMXC 46434G764 $6.0M 0.72% 58,302 SH
26 AMERICAN CENTY ETF TR AVLV 025072349 $5.6M 0.68% 61,694 SH
27 ALPHABET INC GOOGL 02079K305 $5.4M 0.66% 15,191 SH
28 LAM RESEARCH CORP LRCX 512807306 $5.0M 0.61% 11,607 SH
29 MICROSOFT CORP MSFT 594918104 $4.8M 0.59% 12,982 SH
30 PROCEPT BIOROBOTICS CORP PRCT 74276L105 $4.8M 0.58% 210,587 SH
31 VANGUARD INTL EQUITY INDEX F VWO 922042858 $4.7M 0.57% 79,267 SH
32 AMAZON COM INC AMZN 023135106 $4.7M 0.57% 19,731 SH
33 DIMENSIONAL ETF TRUST DFUS 25434V401 $4.7M 0.57% 56,788 SH
34 AMERICAN CENTY ETF TR AVGE 025072232 $4.5M 0.55% 45,424 SH
35 VANGUARD INDEX FDS VBR 922908611 $4.3M 0.52% 17,657 SH
36 VANGUARD INDEX FDS VTI 922908769 $3.8M 0.46% 10,159 SH
37 VANGUARD INDEX FDS VOE 922908512 $3.5M 0.43% 17,897 SH
38 VANGUARD INDEX FDS VOT 922908538 $3.5M 0.42% 11,268 SH
39 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $3.4M 0.42% 4,599 SH
40 ALPHABET INC GOOG 02079K107 $3.4M 0.41% 9,510 SH
41 DIMENSIONAL ETF TRUST DFAT 25434V609 $3.3M 0.39% 46,508 SH
42 META PLATFORMS INC META 30303M102 $3.1M 0.38% 5,507 SH
43 BITWISE 10 CRYPTO INDEX ETF BITW 091749101 $2.9M 0.35% 77,246 SH
44 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $2.9M 0.35% 5,776 SH
45 DIMENSIONAL ETF TRUST DFAU 25434V104 $2.8M 0.34% 54,597 SH
46 SCHWAB STRATEGIC TR SCHG 808524300 $2.8M 0.34% 83,102 SH
47 AMERICAN CENTY ETF TR AVIV 025072364 $2.8M 0.33% 35,626 SH
48 SPDR GOLD TR GLD 78463V107 $2.7M 0.33% 7,351 SH
49 VANGUARD INDEX FDS VBK 922908595 $2.5M 0.31% 6,885 SH
50 VISA INC V 92826C839 $2.5M 0.30% 7,194 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-28 $823.5M 309 0001971029-26-000003
2026-03-31 2026-05-12 $718.1M 278 0001971029-26-000002
2025-12-31 2026-01-27 $369.0M 232 0001971029-26-000001
2025-09-30 2025-11-04 $619.1M 241 0001754960-25-000747
2025-06-30 2025-07-29 $532.2M 230 0001754960-25-000495
2025-03-31 2025-05-07 $459.8M 192 0001754960-25-000282
Filer Information
Address
1732 N 1ST STREET
SUITE 220
SAN JOSE, CA 95112
Phone
(408) 217-2000
Filing Manager
Werba Rubin Papier Wealth Management
SAN JOSE, CA
Signatory
LEILA SHAVER
COUNSEL