World Investment Advisors

Registered adviser

CIK

1652594

Location

SANTA BARBARA, CA

Portfolio Value

Mid $6,518,137,164

Diversification

Diversified

Filing Date

Global Rank

#732 / 8,818 ▼ 41

Top Industry

Semiconductors 11.0%

Period ended 4 months ago

Filed Aug 14, 2026 · 2mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 208512

Roster of Oct 1, 2026

Regulatory AUM

$71,641,184,639

Main clients

Pension and profit sharing plans (78% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$71,641,184,639	Pension and profit sharing plans (78%)
Apr 2025 to Mar 2026	$56,284,395,644	Pension and profit sharing plans (82%)
Apr 2024 to Mar 2025	$37,759,764,327	Pension and profit sharing plans (87%)
May 2023 to Mar 2024	$26,622,603,339	Pension and profit sharing plans (89%)
Apr 2023	$26,622,603,339	Pension and profit sharing plans (89%)
Apr 2022 to Mar 2023	$27,145,091,688	Pension and profit sharing plans (91%)

3 earlier changes not shown.

Stated strategy

Fixed income / rates, Wealth management / planning, Fundamental active, Value Form ADV Part 2A, Mar 31, 2026 · original

In the firm's words

Fixed income / rates: Investment strategies ordinarily include long- or short-term purchases of stock portfolios, mutual funds, fixed income securities and third-party money managers, if appropriate.
Wealth management / planning: Advisors use demographic and financial information provided by the client to assess the client’s risk profile and investment objectives in determining an appropriate plan for the client’s assets.
Fundamental active: Fundamental analysis: WIA attempts to measure the intrinsic value of a security by looking at economic and financial factors to determine if the company is underpriced or overpriced.
Value: WIA attempts to measure the intrinsic value of a security by looking at economic and financial factors to determine if the company is underpriced or overpriced.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 39.3%, 31.5 effective positions, active share 49.3% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

14.3% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 14.8 quarters (12+), a floor since 25.2% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 49.3%; sector active share 42.4% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

1,520 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

14.6%

+0.4 pts

Top 5

29.6%

+0.1 pts

Top 10

39.3%

+0.2 pts

HHI

318

Diversified+11

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	55.3%	$3,604,029,467	768
Technology	14.5%	$943,516,019	107
Financial Services	8.3%	$539,780,074	206
Healthcare	4.3%	$278,270,072	73
Communication Services	4.1%	$267,456,852	26
Industrials	3.6%	$236,761,647	98
Consumer Cyclical	3.5%	$229,708,109	62
Consumer Defensive	2.8%	$183,232,244	34
Energy	1.7%	$108,067,916	42
Utilities	0.7%	$47,027,951	36
Basic Materials	0.6%	$41,311,531	39
Real Estate	0.6%	$38,975,282	29

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
VUG	VANGUARD GROWTH INDEX FUND	+108,792	167,019	$14,387,016
IUSB	iShares Core Universal USD Bond ETF	+97,456	709,293	$32,733,871
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	+82,740	109,110	$13,040,827
SCHO	Schwab Short-Term U.S. Treasury ETF	+48,372	568,257	$13,717,723
SCHR	Schwab Intermediate-Term U.S. Treasury ETF	+46,930	66,379	$1,636,906
CWB	State Street(R) SPDR(R) Bloomberg Convertible Securities ETF	+44,465	60,443	$6,516,964
SPHQ	Invesco S&P 500 Quality ETF	+35,993	60,747	$5,473,304
INCM		+27,334	51,403	$1,483,233
—		+21,271	66,327	$3,825,078
XLE	State Street(R) Energy Select Sector SPDR(R) ETF	+17,230	101,393	$5,384,982
IVV	iShares Core S&P 500 ETF	+16,763	122,271	$91,567,529
BNDX	Vanguard Total International Bond ETF	+16,039	273,227	$13,232,383
BDVL		+15,129	345,448	$8,974,739
JULW	AllianzIM U.S. Equity Buffer20 Jul ETF	+13,680	130,451	$5,325,009
FLXR		+13,662	22,207	$870,736
VOOG	VANGUARD S&P 500 GROWTH INDEX FUND	+13,473	17,408	$1,438,248
JUNW	AllianzIM U.S. Equity Buffer20 Jun ETF	+12,808	31,708	$1,090,438
PAVE	Global X U.S. Infrastructure Development ETF	+11,484	54,670	$3,221,156
APRW	AllianzIM U.S. Equity Buffer20 Apr ETF	+11,474	99,380	$3,690,973
CGBL	Capital Group Core Balanced ETF	+11,331	393,194	$14,925,644
JANW	AllianzIM U.S. Equity Buffer20 Jan ETF	+10,805	91,787	$3,549,862
SPYG	State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	+10,512	49,717	$5,915,825
FTHI	First Trust BuyWrite Income ETF	+9,948	45,359	$1,081,812
—		+9,759	35,845	$982,511
IDEF		+9,700	134,991	$4,290,013
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
AAPL	Apple Inc.	−91,901	778,238	$225,190,947
T	At&T Inc.	−88,365	246,241	$5,097,188
O	Realty Income Corp	−81,124	137,921	$8,545,585
UPS	United Parcel Service Inc	−76,387	80,519	$8,655,792
JPC	Nuveen Preferred & Income Opportunities Fund	−72,736	27,191	$214,265
EFV	iShares MSCI EAFE Value ETF	−68,243	230,570	$17,650,133
NVDA	Nvidia Corp	−59,131	419,165	$83,870,724
XOM	ExxonMobil Holdings Corp	−57,621	227,794	$31,143,995
—		−51,982	16,294	$1,493,182
VLY	Valley National Bancorp	−50,668	148,575	$2,176,623
BAC	Bank Of America Corp	−50,487	146,345	$8,338,738
GAB	Gabelli Equity Trust Inc	−49,704	38,958	$220,502
IAGG	iShares Core International Aggregate Bond ETF	−49,556	18,094	$915,556
IEMG	iShares Trust	−49,333	368,489	$30,525,628
THRO		−49,068	103,450	$4,459,729
VZ	Verizon Communications Inc	−45,780	381,789	$16,164,946
MO	Altria Group, Inc.	−45,164	56,105	$4,036,754
PSLV	Sprott Physical Silver Trust	−40,463	963,167	$18,174,961
AMZN	Amazon Com Inc	−39,568	342,406	$81,609,046
PFE	Pfizer Inc	−37,596	321,367	$7,738,517
FSM	Fortuna Mining Corp.	−33,744	70,801	$598,268
TBIL	F/m US Treasury 3 Month Bill Fund	−33,737	58,613	$2,922,444
DPRO	Draganfly Inc.	−33,273	21,794	$118,123
BINC		−31,303	300,872	$15,747,640
QXO	QXO, Inc.	−31,022	12,196	$210,746
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
CORO		111,476	$4,080,021
BFLX	Cann American Corp.	126,437	$3,239,315
IALT		106,464	$2,986,315
GGOV		42,130	$2,118,717
AAOI	Applied Optoelectronics, Inc.	5,786	$857,253
BUFZ	FT Vest Laddered Moderate Buffer ETF	30,136	$841,698
SPBW	AllianzIM Buffer20 Allocation ETF	25,504	$732,041
SQMX	FT Vest U.S. Equity Quarterly Max Buffer ETF	20,645	$706,265
LALT	First Trust Multi-Strategy Alternative ETF	28,521	$685,359
AEHR	Aehr Test Systems	6,519	$626,215
JBL	Jabil Inc	1,384	$533,504
GBND	Goldman Sachs Core Bond ETF	7,797	$394,216
—		8,081	$387,645
FTGC	First Trust Global Tactical Commodity Strategy Fund	14,321	$387,383
MRTN	Marten Transport Ltd	21,688	$376,286
SPCX	Space Exploration Technologies Corp	2,200	$375,892
ESLT	Elbit Systems Ltd	462	$350,528
DAR	Darling Ingredients Inc.	6,273	$342,631
FSLY	Fastly, Inc.	18,616	$341,789
—		5,882	$332,980
AROC	Archrock, Inc.	8,054	$327,878
TPL	Texas Pacific Land Corp	733	$320,790
ALAB	Astera Labs, Inc.	650	$313,963
ILMN	Illumina, Inc.	1,775	$312,098
AIZ	Assurant, Inc.	1,118	$300,216
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
NJR	New Jersey Resources Corp	41,810	$2,296,205
RING	iShares MSCI Global Gold Miners ETF	14,694	$1,160,532
IRT	Independence Realty Trust, Inc.	39,855	$593,440
DKS	Dick's Sporting Goods, Inc.	2,880	$571,075
FPE	First Trust Preferred Securities and Income ETF	27,996	$496,929
STWD	Starwood Property Trust, Inc.	28,137	$484,519
PGY	Pagaya Technologies Ltd.	38,759	$451,542
SON	Sonoco Products Co	8,142	$440,400
PFS	Provident Financial Services Inc	20,332	$430,225
—		18,162	$430,067
BUG	Global X Cybersecurity ETF	17,025	$427,497
HIX	Western Asset High Income Fund II Inc.	100,512	$400,037
BCBP	Bcb Bancorp Inc	44,426	$398,945
XYL	Xylem Inc.	3,319	$396,620
OCFC	Oceanfirst Financial Corp	21,298	$384,215
PTY	Pimco Corporate & Income Opportunity Fund	31,792	$383,411
DIV	Global X SuperDividend U.S. ETF	18,187	$343,734
FLHY	Franklin High Yield Corporate ETF	14,108	$340,567
—		2,763	$331,698
JRS	Nuveen Real Estate Income Fund	43,410	$323,838
IYLD	iShares Morningstar Multi-Asset Income ETF	14,835	$322,364
HALO	Halozyme Therapeutics, Inc.	4,978	$321,728
EGP	Eastgroup Properties Inc	1,710	$316,503
EALT		8,966	$301,167
DD	DuPont de Nemours, Inc.	6,486	$297,058
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

1,520 tracked positions · $6,518,137,164 total · filing declares 1,523 positions · $6,038,798,684 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 1,520 positions by value · page 1 of 31

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	778,238	-91,901	$225,190,947	+2.0%	26+	before history	3.45%
VOO	VANGUARD 500 INDEX FUND	Reduced	236,304	-3,665	$162,295,950	+13.2%	26+	before history	2.49%
SPYM	State Street(R) SPDR(R) Portfolio S&P 500(R) ETF	Reduced	1,172,238	-1,420	$103,016,275	+14.7%	11	$68.71	1.58%
MSFT	Microsoft Corp Technology	Reduced	262,135	-18,353	$97,781,597	−5.8%	26+	before history	1.50%
GOOGL	Alphabet Inc. Communication Services	Reduced	261,230	-9,304	$93,355,765	+20.0%	25	unpriced	1.43%
IVV	iShares Core S&P 500 ETF	Added	122,271	+16,763	$91,567,529	+32.9%	26+	before history	1.40%
BSV	VANGUARD SHORT-TERM BOND INDEX FUND	Added	1,173,676	+8,627	$91,441,097	+0.1%	9	$77.72	1.40%
NVDA	Nvidia Corp Technology	Reduced	419,165	-59,531	$83,870,724	+0.5%	23	unpriced	1.29%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	342,406	-39,568	$81,609,046	+2.6%	26+	before history	1.25%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	235,534	-5,404	$77,097,344	+8.8%	24	$216.66	1.18%
SCHV	Schwab U.S. Large-Cap Value ETF	Reduced	1,970,475	-6,923	$68,592,234	+13.7%	21	unpriced	1.05%
GOOG	Alphabet Inc. Communication Services	Reduced	187,224	-8,485	$66,151,855	+17.8%	14	$181.62	1.01%
AVGO	Broadcom Inc. Technology	Reduced	174,254	-3,499	$65,824,448	+19.6%	14	unpriced	1.01%
VEA	Vanguard FTSE Developed Markets ETF	Added	864,110	+252	$61,567,837	+11.2%	26+	before history	0.94%
BIV	Vanguard Bond Index Funds	Added	793,535	+4,139	$60,864,134	−0.1%	25	$76.38	0.93%
SCHG	Schwab U.S. Large-Cap Growth ETF	Reduced	1,790,665	-8,198	$60,596,103	+15.6%	26+	before history	0.93%
AVUS	Avantis U.S. Equity ETF	Held	441,517	0	$56,549,497	+15.2%	9	$93.83	0.87%
AMAT	Applied Materials Inc Technology	Reduced	77,916	-473	$56,333,268	+110.3%	9	$175.11	0.86%
QQQ	Invesco Qqq Trust, Series 1	Reduced	75,987	-16,394	$55,956,826	+4.9%	24	$498.71	0.86%
SPY	Spdr S&P 500 ETF Trust	Reduced	74,539	-3,345	$55,663,489	+9.9%	26+	before history	0.85%
CHD	Church & Dwight Co Inc Consumer Defensive	Added	558,779	+64	$54,134,509	+3.8%	8	$102.56	0.83%
SLQD	iShares 0-5 Year Investment Grade Corporate Bond ETF	Held	1,032,454	0	$52,004,707	−0.2%	26+	before history	0.80%
IVE	iShares S&P 500 Value ETF	Reduced	225,386	-13,241	$51,176,145	+1.6%	26+	before history	0.79%
META	Meta Platforms, Inc. Communication Services	Reduced	87,356	-6,732	$49,206,761	−8.6%	14	$547.11	0.75%
SCHX	Schwab U.S. Large-Cap ETF	Reduced	1,646,061	-482	$48,443,575	+14.7%	26+	before history	0.74%
IJS	iShares S&P Small-Cap 600 Value ETF	Reduced	342,539	-250	$46,818,230	+15.3%	23	unpriced	0.72%
IXUS	iShares Core MSCI Total International Stock ETF	Added	462,244	+163	$44,116,567	+10.2%	26+	before history	0.68%
IJJ	iShares S&P Mid-Cap 400 Value ETF	Held	265,442	0	$39,213,746	+11.5%	23	unpriced	0.60%
V	Visa Inc. Financial Services	Reduced	110,108	-8,407	$37,776,953	+5.5%	26+	before history	0.58%
EMXC	iShares MSCI Emerging Markets ex China ETF	Added	359,314	+8,042	$36,757,822	+33.0%	9	$66.26	0.56%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Reduced	97,232	-2,983	$35,979,729	+11.9%	26+	before history	0.55%
IJR	iShares Core S&P Small-Cap ETF	Reduced	237,856	-25,104	$35,276,423	+7.9%	26+	before history	0.54%
AMD	Advanced Micro Devices Inc Technology	Reduced	60,608	-3,941	$35,207,793	+168.1%	14	$150.40	0.54%
JNJ	Johnson & Johnson Healthcare	Reduced	138,212	-15,406	$35,101,701	−6.5%	26+	before history	0.54%
IVW	iShares S&P 500 Growth ETF	Reduced	254,859	-2,591	$35,050,758	+20.4%	26+	before history	0.54%
IEFA	iShares Core MSCI EAFE ETF	Reduced	348,586	-14,885	$33,666,435	+2.3%	26+	before history	0.52%
WMT	Walmart Inc. Consumer Defensive	Reduced	291,493	-12,390	$33,014,497	−12.6%	25	$72.20	0.51%
IUSB	iShares Core Universal USD Bond ETF	Added	709,293	+97,456	$32,733,871	+15.8%	23	unpriced	0.50%
IDEV	iShares Core MSCI International Developed Markets ETF	Reduced	366,579	-44	$32,629,196	+6.5%	7	unpriced	0.50%
STIP	iShares 0-5 Year TIPS Bond ETF	Added	309,836	+1,260	$31,652,845	−0.8%	6	unpriced	0.49%
DFAI	Dimensional International Core Equity Market ETF	Reduced	766,553	-1	$31,620,311	+5.9%	6	$32.48	0.49%
XOM	ExxonMobil Holdings Corp Energy	Reduced	227,794	-57,621	$31,143,995	−35.7%	26+	before history	0.48%
LLY	ELI LILLY & Co Healthcare	Reduced	25,879	-1,255	$31,040,051	+24.4%	9	$849.60	0.48%
ABBV	AbbVie Inc. Healthcare	Reduced	121,763	-6,053	$30,640,441	+10.2%	11	$183.65	0.47%
IEMG	iShares Trust	Reduced	368,489	-49,333	$30,525,628	—	14	unpriced	0.47%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	62,505	-3,032	$29,850,512	+34.8%	9	$193.78	0.46%
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	Reduced	122,757	-464	$29,828,723	+11.4%	9	unpriced	0.46%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	57,018	-17,022	$28,531,237	−19.6%	26+	before history	0.44%
QQQM	Invesco Ltd. Financial Services	Added	90,353	+352	$27,374,248	+28.0%	11	$209.42	0.42%
VOE	VANGUARD MID-CAP VALUE INDEX FUND	Reduced	134,561	-961	$26,589,253	+6.5%	9	unpriced	0.41%

Showing the top 50 of 1,520 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.