Werba Rubin Papier Wealth Management
Long book
$718.1M
Q1 2026
Positions
278
Top-10 weight
52%
concentration
Last quarter
+10.7%
SPY +14.8%
Turnover
30%
of book per quarter
Strategy in plain words
auto-generated from filingsWerba Rubin Papier Wealth Management is a wealth-management firm allocating client money, running a $718.1M US long book across 278 positions.
The portfolio is concentrated: the top 10 names carry 52% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: AVANTIS U.S. EQUITY ETF, AVANTIS INTERNATIONAL EQUITY, AVANTIS US SMALL CAP VALUE, AVANTIS INTL S/C VALUE ETF, APPLE INC.
Over the last 9 quarters its long book ran on average 0.8pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.4%
Q2 2024
+6.3%
Q3 2024
-0.1%
Q4 2024
-2.1%
Q1 2025
+8.4%
Q2 2025
+7.1%
Q3 2025
+3.0%
Q4 2025
-1.8%
Q1 2026
+10.7%
Sector allocation
Technology 57%
Healthcare 8%
Industrials 8%
Financials 8%
Consumer discretionary 7%
Energy 4%
Services media 3%
Utilities 1%
Long book by quarter
What does Werba Rubin own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 119.9K | $30.4M | 4.2% | New |
| NVDA NVIDIA CORP | Technology | 133.9K | $23.3M | 3.3% | +0.4% |
| PRCT PROCEPT BIOROBOTICS CORP | Healthcare | 210.0K | $5.3M | 0.7% | Held |
| MSFT MICROSOFT CORP | Technology | 13.5K | $5.0M | 0.7% | +8.1% |
| GOOG ALPHABET INC-CL C | Technology | 16.1K | $4.6M | 0.6% | +7.6% |
| GOOGL ALPHABET INC-CL A | Technology | 15.9K | $4.6M | 0.6% | +7.5% |
| AMZN AMAZON.COM INC | Consumer discretionary | 19.5K | $4.1M | 0.6% | New |
| META META PLATFORMS INC-CLASS A | Technology | 6.1K | $3.5M | 0.5% | +7.7% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 5.9K | $2.8M | 0.4% | New |
| LRCX LAM RESEARCH CORP | Industrials | 12.4K | $2.6M | 0.4% | +632.6% |
| XOM EXXON MOBIL CORP | Energy | 15.3K | $2.6M | 0.4% | +5.6% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 2.5K | $2.5M | 0.4% | +16.8% |
| V VISA INC-CLASS A SHARES | Services media | 7.1K | $2.1M | 0.3% | +1.7% |
| TSLA TESLA INC | Industrials | 5.5K | $2.0M | 0.3% | +8.7% |
| JPM JPMORGAN CHASE & CO | Financials | 6.8K | $2.0M | 0.3% | +15.1% |
| AVGO BROADCOM INC | Technology | 4.0K | $1.2M | 0.2% | +24.0% |
| GILD GILEAD SCIENCES INC | Healthcare | 8.5K | $1.2M | 0.2% | +4.0% |
| LLY ELI LILLY & CO | Healthcare | 1.3K | $1.2M | 0.2% | +59.2% |
| CDNS CADENCE DESIGN SYS INC | Technology | 4.1K | $1.1M | 0.2% | +1.9% |
| CVX CHEVRON CORP | Energy | 5.1K | $1.1M | 0.1% | +8.2% |
| JNJ JOHNSON & JOHNSON | Healthcare | 4.2K | $1.0M | 0.1% | +19.3% |
| MA MASTERCARD INC - A | Services media | 2.0K | $994K | 0.1% | +0.4% |
| WMT WALMART INC | Consumer discretionary | 8.0K | $991K | 0.1% | +41.7% |
| NOW SERVICENOW INC | Technology | 9.2K | $959K | 0.1% | +6.5% |
| CAT CATERPILLAR INC | Industrials | 1.3K | $920K | 0.1% | +52.3% |
| ORCL ORACLE CORP | Technology | 6.2K | $912K | 0.1% | +10.0% |
| CSCO CISCO SYSTEMS INC | Technology | 11.6K | $899K | 0.1% | +8.9% |
| SVCO SILVACO GROUP INC | Technology | 126.1K | $893K | 0.1% | -32.2% |
| NFLX NETFLIX INC | Services media | 9.2K | $883K | 0.1% | +13.9% |
| CRM SALESFORCE INC | Technology | 4.7K | $877K | 0.1% | -8.0% |
| SNOW SNOWFLAKE INC | Technology | 5.8K | $868K | 0.1% | -19.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 12, 2026 | 278 | $718.1M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 27, 2026 | 232 | $369.0M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 4, 2025 | 241 | $619.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 29, 2025 | 230 | $532.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 7, 2025 | 192 | $459.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 3, 2025 | 195 | $423.9M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 18, 2024 | 193 | $426.3M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 6, 2024 | 168 | $362.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 1, 2024 | 153 | $344.9M | canonical | SEC ↗ |