Latest RBA Wealth Management, LLC Stock Portfolio

RBA Wealth Management, LLC Performance:

2024 Q3: 5.67%YTD: 13.31%2023: 11.85%

Performance for 2024 Q3 is 5.67%, and YTD is 13.31%, and 2023 is 11.85%.

About RBA Wealth Management, LLC and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, RBA Wealth Management, LLC reported an equity portfolio of $259.5 Millions as of 30 Sep, 2024.

The top stock holdings of RBA Wealth Management, LLC are AAPL, AVGO, MSFT. The fund has invested 3.9% of it's portfolio in APPLE INC and 3.6% of portfolio in BROADCOM INC.

The fund managers got completely rid off CVS HEALTH CORP (CVS), GAMING & LEISURE PPTYS INC (GLPI) and COTERRA ENERGY INC (CTRA) stocks. They significantly reduced their stock positions in COMCAST CORP NEW (CMCSA), TECK RESOURCES LTD and WALMART INC (WMT). RBA Wealth Management, LLC opened new stock positions in BECTON DICKINSON & CO (BDX), META PLATFORMS INC (META) and VANGUARD WORLD FD (VAW). The fund showed a lot of confidence in some stocks as they added substantially to TAIWAN SEMICONDUCTOR MFG LTD (TSM), ACCENTURE PLC IRELAND (ACN) and LULULEMON ATHLETICA INC (LULU).

RBA Wealth Management, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that RBA Wealth Management, LLC made a return of 5.67% in the last quarter. In trailing 12 months, it's portfolio return was 21.18%.

New Buys

Ticker	$ Bought
becton dickinson & co	4,997,280
meta platforms inc	4,870,320
vanguard world fd	218,259
ishares tr	217,748

New stocks bought by RBA Wealth Management, LLC

Additions

Ticker	% Inc.
taiwan semiconductor mfg ltd	1,780
accenture plc ireland	26.7
lululemon athletica inc	19.89
nvidia corporation	12.44
medtronic plc	12.32
vanguard bd index fds	10.06
nxp semiconductors n v	8.43
prologis inc.	7.92

Additions to existing portfolio by RBA Wealth Management, LLC

Reductions

Ticker	% Reduced
comcast corp new	-93.18
teck resources ltd	-88.17
walmart inc	-87.23
unitedhealth group inc	-58.26
diodes inc	-27.72
otter tail corp	-17.96
johnson & johnson	-15.37
schwab strategic tr	-12.94

RBA Wealth Management, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
cvs health corp	-3,213,300
gaming & leisure pptys inc	-1,576,020
blackrock floating rate inco	-145,057
coterra energy inc	-268,195
ishares tr	-240,838
raymond james finl inc	-221,015

RBA Wealth Management, LLC got rid off the above stocks

Sector Distribution

RBA Wealth Management, LLC has about 26.3% of it's holdings in Technology sector.

Sector	%
Technology	26.3
Financial Services	12
Consumer Cyclical	10.7
Healthcare	10.5
Others	9.7
Industrials	9.4
Communication Services	8.2
Consumer Defensive	4.3
Energy	3.1
Basic Materials	2.4
Real Estate	1.8
Utilities	1.6

Market Cap. Distribution

RBA Wealth Management, LLC has about 84% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	48.1
MEGA-CAP	35.9
UNALLOCATED	9.7
MID-CAP	6.3

Stocks belong to which Index?

About 84.7% of the stocks held by RBA Wealth Management, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	82.3
Others	15.3
RUSSELL 2000	2.4

Top 5 Winners (%)		%
EXP	eagle matls inc	31.7 %
TSLA	tesla inc	31.5 %
IBM	international business machs	27.8 %
LMT	lockheed martin corp	25.1 %
KBH	kb home	21.8 %

Top 5 Winners ($)		$
EXP	eagle matls inc	1.5 M
LMT	lockheed martin corp	1.3 M
CMI	cummins inc	1.0 M
AAPL	apple inc	1.0 M
MET	metlife inc	1.0 M

Top 5 Losers (%)		%
SNPS	synopsys inc	-14.7 %
QCOM	qualcomm inc	-14.3 %
NXPI	nxp semiconductors n v	-10.4 %
DIOD	diodes inc	-9.7 %
GOOG	alphabet inc	-8.9 %

Top 5 Losers ($)		$
SNPS	synopsys inc	-1.0 M
QCOM	qualcomm inc	-0.8 M
GOOG	alphabet inc	-0.8 M
MRK	merck & co inc	-0.4 M
ADBE	adobe inc	-0.4 M

RBA Wealth Management, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of RBA Wealth Management, LLC

RBA Wealth Management, LLC has 88 stocks in it's portfolio. About 29.8% of the portfolio is in top 10 stocks. SNPS proved to be the most loss making stock for the portfolio. EXP was the most profitable stock for RBA Wealth Management, LLC last quarter.

Last Reported on: 21 Oct, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	3.90	43,419	10,116,700	reduced	-0.86

ACGL	arch cap group ltd	2.81	65,152	7,289,210	reduced	-0.78

ACN	accenture plc ireland	0.84	6,179	2,184,150	added	26.7

ADBE	adobe inc	2.18	10,906	5,646,910	added	1.79

AGT	ishares tr	0.08	4,202	217,748	new

AMPS	ishares tr	0.00	0.00	0.00	sold off	-100

AMZN	amazon com inc	0.47	6,512	1,213,320	reduced	-2.19

AVGO	broadcom inc	3.59	53,996	9,314,380	reduced	-1.12

AZO	autozone inc	2.91	2,397	7,550,650	reduced	-0.29

BBAX	j p morgan exchange traded f	0.10	4,566	271,740	added	0.71

BDX	becton dickinson & co	1.93	20,727	4,997,280	new

BIL	spdr ser tr	0.11	3,361	278,737	reduced	-0.03

BIV	vanguard bd index fds	0.44	15,201	1,141,750	added	10.06

BSX	boston scientific corp	2.21	68,456	5,736,610	added	1.8

CB	chubb limited	0.17	1,515	437,003	reduced	-4.42

CI	the cigna group	1.50	11,242	3,894,680	added	5.53

CMCSA	comcast corp new	0.11	7,093	296,291	reduced	-93.18

CMI	cummins inc	2.66	21,316	6,901,870	added	0.68

COP	conocophillips	0.10	2,395	252,161	reduced	-2.68

COST	costco whsl corp new	0.15	445	394,477	unchanged	0.00