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DWR WEALTH MANAGEMENT, LLC — 13F Holdings & Portfolio

CIK 2123012 · latest 13F-HR filed 2026-10-13

Backtest portfolio

DWR WEALTH MANAGEMENT, LLC manages $144.3M in 13F-reported U.S. long-equity assets across 58 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are IVV (12.29%), DFAI (11.47%), DUHP (10.07%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 6 new positions and exited 4; 22 existing positions rose in reported value and 12 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
$144.3M

Long-equity book

Holdings
58

Distinct positions

Period
2026-09-30

Filed 2026-10-13

Q/Q Activity
+6 / −4 / ↑22 / ↓12

vs 2026-06-30

Portfolio charts

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

Portfolio map

Q3 26
IVV12.3% · -0%DFAI11.5% · +11%DUHP10.1% · +8%DFUS6.6% · +26%DFAE6.6% · +7%VEA6.5% · -0%AAPL5.8% · -7%DFAS3.6% · +11%DUSB3.3% · +31%DFCF3.2% · +35%DFAX3.2% · 0%VWO2.8% · -2%VNQ2.7% · -1%DFAR2.1% · +19%IWB2.1% · 0%IWM1.9% · -1%NVDA1.3% · +6%AMZN1.3% · +2%XOM0.7% · 0%VGK0.7% · -2%VTWO0.6% · +1%CVX0.6% · 0%IWN0.6% · -0%ANET0.6% · 0%CSCO0.5% · +0%NFLX0.5% · -11%SBR0.5% · 0%JNJ0.5% · +0%NKX0.5% · +19%MSFT0.4% · +14%MELI0.4% · -15%MDY0.4% · 0%ESGD0.4% · +13%GOOGL0.4% · +10%SPYG0.3% · newESGU0.3% · +11%JPM0.3% · 0%META0.3% · +13%GE0.3% · +1%BRK.B0.3% · +0%QQQ0.3% · -26%GOOG0.3% · 0%CCJ0.3% · 0%VOTE0.2% · +10%SPY0.2% · +2%TSLA0.2% · +10%GEV0.2% · +2%MA0.2% · 0%ESGE0.2% · +9%LLY0.2% · 0%ILMN0.2% · newIVW0.1% · 0%MU0.1% · newESML0.1% · +9%ET0.1% · 0%GNT0.1% · 0%SJT0.1% · 0%LOAN0.0% · +9%

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

Q2 26 → Q3 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

4 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 = 69.5%

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

Firm Profile & Key People

As of the firm’s regulatory filing dated Jul 8, 2026.

Assets Under Management
$221.2M
Discretionary
$219.4M
Employees
3
Accounts
647
Address
1884 THE ALAMEDA
SAN JOSE, CA 95126
Phone
(408) 260-9600
Website
Name Title / Status Ownership Type
DUNHAM, RICKY, DALE ControlMEMBER
since Jan 2005
75% or moreIndividual
NEWQUIST, TRACY, LEE ControlMEMBER, CHIEF COMPLIANCE OFFICER
since May 2021
10–25%Individual
ROUSSELOT, DAVID, REX ControlMEMBER
since Jan 2005
10–25%Individual
Ownership & leadership changes · 2 filings with changes since Jul 21, 2021

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, 2024 filing
  • ChangedDUNHAM, RICKY, DALE · title MANAGING MEMBER → MEMBER
  • ChangedNEWQUIST, TRACY, LEE · title MANAGING MEMBER → MEMBER, CHIEF COMPLIANCE OFFICER; ownership 5–10% → 10–25%
  • ChangedROUSSELOT, DAVID, REX · title MANAGING MEMBER/ CHIEF COMPLIANCE OFFICER → MEMBER; ownership 5–10% → 10–25%
Mar 7, 2023 filing
  • ChangedDUNHAM, RICKY, DALE · ownership 50–75% → 75% or more
  • ChangedROUSSELOT, DAVID, REX · ownership 25–50% → 5–10%
Jul 21, 2021 filing (earliest on record)
  • ListedDUNHAM, RICKY, DALE · MANAGING MEMBER · 50–75% · control person
  • ListedNEWQUIST, TRACY, LEE · MANAGING MEMBER · 5–10% · control person
  • ListedROUSSELOT, DAVID, REX · MANAGING MEMBER/ CHIEF COMPLIANCE OFFICER · 25–50% · 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.

DWR WEALTH MANAGEMENT, LLC Holdings (2026-09-30)

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 ISHARES TR IVV 464287200 $17.7M 12.29% 23,120 SH
2 DIMENSIONAL ETF TRUST DFAI 25434V203 $16.6M 11.47% 397,443 SH
3 DFA INVT DIMENSIONS GROUP IN DUHP 25239Y196 $14.5M 10.07% 344,511 SH
4 DIMENSIONAL ETF TRUST DFUS 25434V401 $9.6M 6.64% 115,052 SH
5 DIMENSIONAL ETF TRUST DFAE 25434V302 $9.5M 6.58% 239,372 SH
6 VANGUARD TAX-MANAGED FDS VEA 921943858 $9.4M 6.53% 132,473 SH
7 APPLE INC AAPL 037833100 $8.4M 5.81% 25,457 SH
8 DIMENSIONAL ETF TRUST DFAS 25434V500 $5.3M 3.64% 67,597 SH
9 DIMENSIONAL ETF TRUST DUSB 25434V591 $4.7M 3.25% 93,039 SH
10 DIMENSIONAL ETF TRUST DFCF 25434V872 $4.6M 3.21% 115,522 SH
11 DIMENSIONAL ETF TRUST DFAX 25434V880 $4.6M 3.15% 122,118 SH
12 VANGUARD INTL EQUITY INDEX F VWO 922042858 $4.0M 2.78% 67,186 SH
13 VANGUARD INDEX FDS VNQ 922908553 $3.9M 2.68% 42,728 SH
14 DFA INVT DIMENSIONS GROUP IN DFAR 25239Y147 $3.1M 2.14% 126,401 SH
15 ISHARES TR IWB 464287622 $3.0M 2.06% 7,117 SH
16 ISHARES TR IWM 464287655 $2.8M 1.93% 9,968 SH
17 NVIDIA CORPORATION NVDA 67066G104 $1.9M 1.33% 8,454 SH
18 AMAZON COM INC AMZN 023135106 $1.9M 1.33% 7,754 SH
19 EXXONMOBIL HOLDINGS CORP XOM 30233Q108 $1.0M 0.72% 6,421 SH
20 VANGUARD INTL EQUITY INDEX F VGK 922042874 $1.0M 0.71% 11,673 SH
21 VANGUARD SCOTTSDALE FDS VTWO 92206C664 $930.6K 0.64% 8,257 SH
22 CHEVRON CORPORATION CVX 166764100 $836.2K 0.58% 4,091 SH
23 ISHARES TR IWN 464287630 $814.8K 0.56% 3,862 SH
24 ARISTA NETWORKS INC ANET 040413205 $810.8K 0.56% 3,997 SH
25 CISCO SYS INC CSCO 17275R102 $765.0K 0.53% 7,154 SH
26 NETFLIX INC. NFLX 64110L106 $763.8K 0.53% 10,865 SH
27 SABINE RTY TR SBR 785688102 $733.8K 0.51% 10,466 SH
28 JOHNSON & JOHNSON JNJ 478160104 $678.8K 0.47% 2,537 SH
29 NUVEEN CALIF AMT FREE MUNI I NKX 670651108 $676.7K 0.47% 64,385 SH
30 MICROSOFT CORP MSFT 594918104 $588.2K 0.41% 1,156 SH
31 MERCADOLIBRE INC MELI 58733R102 $552.0K 0.38% 320 SH
32 STATE STR SPDR S&P MIDCAP 40 MDY 78467Y107 $552.0K 0.38% 836 SH
33 ISHARES TR ESGD 46435G516 $550.3K 0.38% 5,304 SH
34 ALPHABET INC GOOGL 02079K305 $512.4K 0.36% 1,503 SH
35 SPDR SERIES TRUST SPYG 78464A409 $503.6K 0.35% 4,088 SH
36 ISHARES TR ESGU 46435G425 $456.3K 0.32% 2,731 SH
37 JPMORGAN CHASE & CO JPM 46625H100 $442.5K 0.31% 1,321 SH
38 META PLATFORMS INC META 30303M102 $441.1K 0.31% 597 SH
39 GE AEROSPACE GE 369604301 $413.1K 0.29% 1,299 SH
40 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $405.4K 0.28% 807 SH
41 INVESCO QQQ TR QQQ 46090E103 $372.2K 0.26% 504 SH
42 ALPHABET INC GOOG 02079K107 $372.1K 0.26% 1,103 SH
43 CAMECO CORP CCJ 13321L108 $369.2K 0.26% 4,250 SH
44 TCW ETF TRUST VOTE 29287L106 $325.6K 0.23% 3,612 SH
45 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $311.7K 0.22% 408 SH
46 TESLA INC TSLA 88160R101 $294.3K 0.20% 834 SH
47 GE VERNOVA INC GEV 36828A101 $293.7K 0.20% 305 SH
48 MASTERCARD INCORPORATED MA 57636Q104 $279.0K 0.19% 495 SH
49 ISHARES INC ESGE 46434G863 $258.4K 0.18% 4,735 SH
50 ELI LILLY & CO LLY 532457108 $255.4K 0.18% 216 SH
Filing History
Period Filed AUM Holdings Accession
2026-09-30 2026-10-13 $144.3M 58 0001754960-26-000841
2026-06-30 2026-07-08 $133.6M 56 0001754960-26-000422
2026-03-31 2026-04-07 $115.0M 51 0001754960-26-000199
2025-12-31 2026-04-01 $107.8M 50 0001754960-26-000197
Filer Information
Address
1884 THE ALAMEDA
SAN JOSE, CA 95126
Phone
(408) 260-9600
Filing Manager
DWR WEALTH MANAGEMENT, LLC
SAN JOSE, CA
Signatory
Aryn Sands
Agent