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FMB WEALTH MANAGEMENT — 13F Holdings & Portfolio

CIK 2040224 · latest 13F-HR filed 2026-07-28

Backtest portfolio

FMB WEALTH MANAGEMENT manages $271.8M in 13F-reported U.S. long-equity assets across 99 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are DFAC (18.81%), DXUV (8.01%), AVUS (7.99%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 3 new positions and exited 2; 55 existing positions rose in reported value and 4 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
$271.8M

Long-equity book

Holdings
99

Distinct positions

Period
2026-06-30

Filed 2026-07-28

Q/Q Activity
+3 / −2 / ↑55 / ↓4

vs 2026-03-31

Portfolio charts

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

Portfolio map

Q2 26
DFAC18.8% · +1%DXUV8.0% · -0%AVUS8.0% · +0%DFAX6.3% · -2%DXIV5.2% · -1%DFIC4.1% · +8%DFAU4.1% · -0%DFUS3.3% · -2%DFSD3.1% · +12%DFAT2.7% · -2%AVDE2.5% · +1%AVGE2.3% · +0%DFUV2.1% · -2%DFAI1.9% · +0%DFAS1.9% · -2%AAPL1.7% · -1%DCOR1.7% · +21%DFIV1.6% · -1%DFAE1.2% · -1%VTI1.2% · 0%DUSB1.1% · -3%AVUV1.1% · 0%NVDA1.1% · +3%AVEM0.9% · +0%DFAR0.9% · +2%AMGN0.9% · +3%MAR0.8% · 0%DFEM0.7% · +10%IVV0.6% · 0%DFIP0.5% · +13%QQQ0.5% · 0%MU0.5% · -8%AVDV0.5% · -2%CVX0.5% · 0%DFSV0.4% · +1%DFAW0.4% · +2%AVSU0.4% · 0%VO0.4% · +300%VTIP0.3% · -15%GOOGL0.3% · 0%BSV0.3% · -2%GOOG0.3% · +2%LRCX0.3% · -0%SCHF0.3% · 0%MSFT0.3% · -0%BRK.B0.2% · 0%SCHW0.2% · 0%AVNM0.2% · 0%AMZN0.2% · -1%TSLA0.2% · 0%ROK0.2% · 0%AVGO0.2% · -0%AVSD0.2% · 0%CAT0.2% · +1%DFCA0.1% · newBAC0.1% · +0%META0.1% · +2%AVRE0.1% · +6%ANAB0.1% · 0%AVES0.1% · 0%

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

3 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 = 63.7%

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

Firm Profile & Key People

As of the firm’s regulatory filing dated Apr 28, 2026.

Assets Under Management
$615.7M
Discretionary
$615.7M
Employees
12
Accounts
958
Address
100 N. WESTLAKE BLVD., SUITE 201
WESTLAKE VILLAGE, CA 91362
Phone
(805) 446-4494
Website
Name Title / Status Ownership Type
FIELDS, DEBRA, ANNETTE ControlPRESIDENT, CFO
since May 2001
50–75%Individual
BLINDBURY, GRANT, EPARTNER, DIRECTOR
since May 2014
10–25%Individual
FIELDS, JEREMY, JAMESPARTNER, DIRECTOR
since Jun 2021
Less than 5%Individual
HOWERTON, DAVID, RAYCHIEF COMPLIANCE OFFICER
since Jul 2018
Less than 5%Individual
Ownership & leadership changes · 6 filings with changes since Mar 30, 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.

Sep 25, 2023 filing
  • No longer listedMILLER, EVAN, ZACKARY · PARTNER, DIRECTOR · 10–25% · listed since May 2014
Mar 24, 2023 filing
  • No longer listedMOCK, DANIEL, LAURENCE · PARTNER · Less than 5% · listed since Jan 2022
Mar 28, 2022 filing
  • AddedFIELDS, JEREMY, JAMES · PARTNER, DIRECTOR · Less than 5%
  • AddedMOCK, DANIEL, LAURENCE · PARTNER · Less than 5%
  • ChangedBLINDBURY, GRANT, E · title DIRECTOR → PARTNER, DIRECTOR
  • ChangedMILLER, EVAN, ZACKARY · title DIRECTOR → PARTNER, DIRECTOR
Jul 19, 2018 filing
  • No longer listedFIELDS, THOMAS, WILLON · PRESIDENT/CHIEF COMPLIANCE OFFICER · 25–50% · control person · listed since May 2001
  • AddedHOWERTON, DAVID, RAY · CHIEF COMPLIANCE OFFICER · Less than 5%
  • ChangedFIELDS, DEBRA, ANNETTE · title SECRETARY/TREASURER → PRESIDENT, CFO; ownership 25–50% → 50–75%
Apr 4, 2017 filing
  • ChangedFIELDS, DEBRA, ANNETTE · ownership 50–75% → 25–50%
  • ChangedFIELDS, THOMAS, WILLON · ownership 50–75% → 25–50%
Apr 27, 2016 filing
  • AddedBLINDBURY, GRANT, E · DIRECTOR · 10–25%
  • AddedMILLER, EVAN, ZACKARY · DIRECTOR · 10–25%
Mar 30, 2012 filing (earliest on record)
  • ListedFIELDS, DEBRA, ANNETTE · SECRETARY/TREASURER · 50–75% · control person
  • ListedFIELDS, THOMAS, WILLON · PRESIDENT/CHIEF COMPLIANCE OFFICER · 50–75% · 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.

Top Adds (vs prior quarter)

Show all 55 →

Top Trims

Show all 4 →

New Positions

Show all 3 →

Exited Positions

Show all 2 →

FMB 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 DIMENSIONAL ETF TRUST DFAC 25434V708 $51.1M 18.81% 1,152,783 SH
2 DIMENSIONAL ETF TRUST DXUV 25434V559 $21.8M 8.01% 327,365 SH
3 AMERICAN CENTY ETF TR AVUS 025072885 $21.7M 7.99% 169,588 SH
4 DIMENSIONAL ETF TRUST DFAX 25434V880 $17.1M 6.30% 464,628 SH
5 DIMENSIONAL ETF TRUST DXIV 25434V542 $14.1M 5.20% 201,822 SH
6 DIMENSIONAL ETF TRUST DFIC 25434V799 $11.3M 4.15% 302,523 SH
7 DIMENSIONAL ETF TRUST DFAU 25434V104 $11.2M 4.12% 216,757 SH
8 DIMENSIONAL ETF TRUST DFUS 25434V401 $9.1M 3.34% 110,953 SH
9 DIMENSIONAL ETF TRUST DFSD 25434V864 $8.5M 3.13% 178,238 SH
10 DIMENSIONAL ETF TRUST DFAT 25434V609 $7.2M 2.65% 103,198 SH
11 AMERICAN CENTY ETF TR AVDE 025072703 $6.9M 2.53% 77,234 SH
12 AMERICAN CENTY ETF TR AVGE 025072232 $6.2M 2.26% 62,065 SH
13 DIMENSIONAL ETF TRUST DFUV 25434V724 $5.7M 2.10% 103,735 SH
14 DIMENSIONAL ETF TRUST DFAI 25434V203 $5.2M 1.92% 126,843 SH
15 DIMENSIONAL ETF TRUST DFAS 25434V500 $5.1M 1.86% 61,391 SH
16 DIMENSIONAL ETF TRUST DCOR 25434V625 $4.6M 1.70% 56,412 SH
17 APPLE INC AAPL 037833100 $4.4M 1.61% 15,120 SH
18 DIMENSIONAL ETF TRUST DFIV 25434V807 $4.4M 1.60% 80,607 SH
19 DIMENSIONAL ETF TRUST DFAE 25434V302 $3.4M 1.25% 84,259 SH
20 VANGUARD INDEX FDS VTI 922908769 $3.3M 1.20% 8,806 SH
21 DIMENSIONAL ETF TRUST DUSB 25434V591 $3.1M 1.13% 60,507 SH
22 AMERICAN CENTY ETF TR AVUV 025072877 $2.9M 1.07% 23,373 SH
23 NVIDIA CORPORATION NVDA 67066G104 $2.6M 0.95% 12,881 SH
24 AMERICAN CENTY ETF TR AVEM 025072604 $2.5M 0.93% 26,283 SH
25 DIMENSIONAL ETF TRUST DFAR 25434V823 $2.5M 0.93% 96,325 SH
26 AMGEN INC AMGN 031162100 $2.3M 0.85% 6,414 SH
27 MARRIOTT INTL INC NEW MAR 571903202 $2.1M 0.76% 5,585 SH
28 DIMENSIONAL ETF TRUST DFEM 25434V732 $2.0M 0.74% 49,313 SH
29 ISHARES TR IVV 464287200 $1.6M 0.59% 2,128 SH
30 DIMENSIONAL ETF TRUST DFIP 25434V856 $1.5M 0.54% 35,756 SH
31 INVESCO QQQ TR QQQ 46090E103 $1.4M 0.53% 1,947 SH
32 AMERICAN CENTY ETF TR AVDV 025072802 $1.3M 0.48% 12,620 SH
33 CHEVRON CORPORATION CVX 166764100 $1.3M 0.47% 7,641 SH
34 MICRON TECHNOLOGY INC MU 595112103 $1.2M 0.45% 1,058 SH
35 DIMENSIONAL ETF TRUST DFSV 25434V815 $1.1M 0.40% 27,868 SH
36 DIMENSIONAL ETF TRUST DFAW 25434V617 $1.0M 0.38% 12,541 SH
37 AMERICAN CENTY ETF TR AVSU 025072281 $1.0M 0.38% 11,581 SH
38 VANGUARD INDEX FDS VO 922908629 $984.0K 0.36% 12,213 SH
39 VANGUARD MALVERN FDS VTIP 922020805 $948.5K 0.35% 18,884 SH
40 VANGUARD BD INDEX FDS BSV 921937827 $878.3K 0.32% 11,273 SH
41 ALPHABET INC GOOGL 02079K305 $744.6K 0.27% 2,084 SH
42 SCHWAB STRATEGIC TR SCHF 808524805 $741.0K 0.27% 26,752 SH
43 ALPHABET INC GOOG 02079K107 $681.6K 0.25% 1,929 SH
44 LAM RESEARCH CORP LRCX 512807306 $657.4K 0.24% 1,517 SH
45 AMERICAN CENTY ETF TR AVNM 025072174 $573.9K 0.21% 6,967 SH
46 SCHWAB CHARLES CORP SCHW 808513105 $571.7K 0.21% 6,195 SH
47 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $536.9K 0.20% 1,073 SH
48 MICROSOFT CORP MSFT 594918104 $510.5K 0.19% 1,368 SH
49 TESLA INC TSLA 88160R101 $504.7K 0.19% 1,200 SH
50 ROCKWELL AUTOMATION INC ROK 773903109 $475.3K 0.17% 960 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-28 $271.8M 99 0002040224-26-000003
2026-03-31 2026-04-16 $241.7M 98 0002040224-26-000002
2025-12-31 2026-01-22 $253.4M 128 0002040224-26-000001
Filer Information
Address
100 N WESTLAKE BLVD
STE 201
WESTLAKE VILLAGE, CA 91362-3764
Phone
(805) 446-4494
Filing Manager
FMB WEALTH MANAGEMENT
WESTLAKE VILLAGE, CA
Signatory
David Howerton
COO/CCO