Westwood Wealth Management

Key Holdings

The composition of the top holdings has fundamentally transformed. The largest position is now DFAI (Dimensional ETF Trust) at $8.89 million (6.68%), a new addition that signals a pivot toward factor-based investing. Apple Inc. (AAPL) remains a core equity holding, ranking second with $6.65 million (5.00%), though this represents a new position in this reporting period, suggesting a rebalancing rather than a continuous hold.

The top ten list is heavily dominated by fixed income and smart beta ETFs rather than individual stocks. Notable positions include BIV (Vanguard Intermediate-Term Bond ETF) at $5.67 million (4.26%) and JAAA (Janus Henderson AAA ETF) at $5.50 million (4.14%). This contrasts sharply with the previous quarter's likely concentration in high-growth equities. Among individual stocks, Palantir (PLTR), Meta (META), NVIDIA (NVDA), and Tesla (TSLA) remain in the portfolio but have been drastically reduced in size, now representing smaller, satellite positions (between 1.3% and 1.8% each) rather than core drivers of performance.