Epstein & White Financial LLC

CIK

1713936

Location

San Diego, CA

Portfolio Value

Small $374,574,998

Diversification

Highly concentrated

Filing Date

Global Rank

#3,233 / 6,051 ▲ 2449 · as of Jun 2021

Top Industry

Consumer Electronics 19.9%

Period ended 5 years ago

Filed Aug 10, 2021 · 5y

6 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

Unknown

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2021, never from the firm's own description.

Style

Concentrated

The top 10 positions are 94.4% of the book (60%+)

Turnover

Low turnover

12.9% over the last four quarters (under 30%)

Horizon

Horizon unknown

The value-weighted holding period is at least 5.6 quarters, but 85.8% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 91.4%; sector active share 61.3% against the combined 13F book's sector weights.

Over time 6 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

93 tracked positions · as of Jun 30, 2021 · Δ vs Mar 31, 2021

Top Position

80.7%

+27.5 pts

Top 5

92.7%

+25.2 pts

Top 10

94.4%

+18.6 pts

HHI

6,615

Highly concentrated+3,687

Portfolio Trend

6 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2021

Sector	% Portfolio	Value	Positions
Unclassified	93.6%	$350,627,973	51
Technology	2.5%	$9,325,795	9
Financial Services	1.0%	$3,663,082	7
Consumer Cyclical	0.8%	$3,060,362	4
Consumer Defensive	0.6%	$2,361,936	7
Communication Services	0.5%	$1,857,804	5
Utilities	0.3%	$1,192,514	2
Healthcare	0.3%	$1,006,988	3
Industrials	0.2%	$860,160	3
Energy	0.2%	$618,384	2

Last Quarter's Activity

Export CSV

Jun 30, 2021 vs Mar 31, 2021

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
SPAB	State Street(R) SPDR(R) Portfolio Aggregate Bond ETF	+47,747	1,189,566	$35,698,875
ACWX	iShares MSCI ACWI ex U.S. ETF	+20,439	470,598	$27,064,090
IQLT	iShares MSCI Intl Quality Factor ETF	+18,705	339,180	$13,078,780
EFV	iShares MSCI EAFE Value ETF	+15,564	283,111	$14,653,825
QUAL	iShares MSCI USA Quality Factor ETF	+10,194	248,749	$33,051,279
IVV	iShares Core S&P 500 ETF	+10,183	294,130	$126,452,369
USMV	iShares MSCI USA Min Vol Factor ETF	+9,673	181,063	$13,328,047
SMMD	iShares Russell 2500 ETF	+8,322	192,817	$12,770,269
IEFA	iShares Core MSCI EAFE ETF	+5,501	94,461	$7,071,350
MTUM	iShares MSCI USA Momentum Factor ETF	+4,036	77,021	$13,357,752
IEMG	iShares Trust	+3,131	60,490	$0
AGG	iShares Core U.S. Aggregate Bond ETF	+1,409	3,673	$423,607
SCHD	Schwab U.S. Dividend Equity ETF	+1,200	5,953	$450,166
—		+640	4,713	$450,280
PEP	Pepsico Inc	+558	2,247	$332,937
MUB	iShares National Muni Bond ETF	+482	2,677	$313,744
KO	Coca Cola Co	+477	6,260	$338,728
AAPL	Apple Inc.	+468	34,871	$4,775,932
QCOM	Qualcomm Inc	+387	8,014	$1,145,441
FPEI	First Trust Institutional Preferred Securities and Income ETF	+359	18,011	$372,287
IJH	iShares Core S&P Mid-Cap ETF	+330	14,875	$3,997,358
BRK-B	Berkshire Hathaway Inc	+307	1,305	$362,685
REET	iShares Global REIT ETF	+156	15,048	$417,130
MSFT	Microsoft Corp	+138	5,087	$1,378,068
META	Meta Platforms, Inc.	+131	1,186	$412,384
No positions match the current search.

Trimmed

Positions the filer reduced

22 positions

Ticker	Company	Δ Shares	Shares	Value
CMF	iShares California Muni Bond ETF	−5,528	137,782	$8,627,908
ITOT	iShares Core S&P Total U.S. Stock Market ETF	−2,769	47,158	$4,657,324
IWV	iShares Russell 3000 ETF	−2,296	62,979	$16,116,955
SRLN	State Street(R) Blackstone Senior Loan ETF	−2,208	20,243	$937,048
IUSB	iShares Core Universal USD Bond ETF	−1,685	39,033	$2,087,875
IXUS	iShares Core MSCI Total International Stock ETF	−1,518	20,864	$1,529,331
FDVV	Fidelity High Dividend ETF	−542	35,898	$1,352,995
T	At&T Inc.	−405	11,194	$322,163
RDIV	Invesco Ltd.	−239	27,493	$1,133,536
DWX	State Street(R) SPDR(R) S&P(R) International Dividend ETF	−233	7,634	$300,779
SRE	Sempra	−214	7,108	$941,667
VZ	Verizon Communications Inc	−189	5,856	$328,111
IVW	iShares S&P 500 Growth ETF	−185	13,517	$983,091
CSCO	Cisco Systems, Inc.	−178	4,874	$258,322
FQAL	Fidelity Quality Factor ETF	−124	21,202	$1,047,378
FBND	Fidelity Total Bond ETF	−106	7,435	$396,508
—		−88	2,365	$45,658
VEA	Vanguard FTSE Developed Markets ETF	−62	8,788	$452,757
IVE	iShares S&P 500 Value ETF	−17	2,270	$335,142
IWF	iShares Russell 1000 Growth ETF	−17	4,041	$1,097,050
QQQ	Invesco Qqq Trust, Series 1	−15	3,874	$1,373,061
SPY	Spdr S&P 500 ETF Trust	−4	1,751	$749,533
No positions match the current search.

New Positions

Positions the filer opened this quarter

15 positions

Ticker	Company	Shares	Value
FSK	FS KKR Capital Corp	57,779	$1,242,826
SCHB	Schwab U.S. Broad Market ETF	4,966	$517,803
SCHX	Schwab U.S. Large-Cap ETF	3,358	$349,130
DFAC	Dimensional U.S. Core Equity 2 ETF	11,511	$310,566
NVDA	Nvidia Corp	378	$302,437
PSLV	Sprott Physical Silver Trust	31,997	$296,932
BSV	VANGUARD SHORT-TERM BOND INDEX FUND	3,549	$291,585
VLUE	iShares MSCI USA Value Factor ETF	2,158	$226,719
GBOX	RTB Digital, Inc.	18,563	$221,000
GOOG	Alphabet Inc.	85	$214,000
GLD	Spdr Gold Trust	1,245	$206,209
TXN	Texas Instruments Inc	1,071	$205,953
PM	Philip Morris International Inc.	2,017	$199,904
NVG	Nuveen AMT-Free Municipal Credit Income Fund	10,363	$185,083
—		15,000	$0
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
JPM	Jpmorgan Chase & Co	1,700	$258,791
FEX	First Trust Large Cap Core AlphaDEX Fund	3,086	$247,126
MO	Altria Group, Inc.	4,271	$218,504
DIS	Walt Disney Co	1,128	$208,138
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

93 tracked positions · $374,574,998 total · filing declares 94 positions · $379,084,000 · as of Jun 30, 2021

All sectors Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology Utilities

Showing 1–50 of 93 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
IVV	iShares Core S&P 500 ETF	Added	294,130	+10,183	$126,452,369	—	6+	before history	33.76%
SPAB	State Street(R) SPDR(R) Portfolio Aggregate Bond ETF	Added	1,189,566	+47,747	$35,698,875	+5.4%	6+	before history	9.53%
QUAL	iShares MSCI USA Quality Factor ETF	Added	248,749	+10,194	$33,051,279	—	6+	before history	8.82%
ACWX	iShares MSCI ACWI ex U.S. ETF	Added	470,598	+20,439	$27,064,090	—	6+	before history	7.23%
IWV	iShares Russell 3000 ETF	Reduced	62,979	-2,296	$16,116,955	—	6+	before history	4.30%
EFV	iShares MSCI EAFE Value ETF	Added	283,111	+15,564	$14,653,825	—	3	unpriced	3.91%
MTUM	iShares MSCI USA Momentum Factor ETF	Added	77,021	+4,036	$13,357,752	—	4	unpriced	3.57%
USMV	iShares MSCI USA Min Vol Factor ETF	Added	181,063	+9,673	$13,328,047	—	6+	before history	3.56%
IQLT	iShares MSCI Intl Quality Factor ETF	Added	339,180	+18,705	$13,078,780	—	6+	before history	3.49%
SMMD	iShares Russell 2500 ETF	Added	192,817	+8,322	$12,770,269	—	3	unpriced	3.41%
CMF	iShares California Muni Bond ETF	Reduced	137,782	-5,528	$8,627,908	—	6+	before history	2.30%
IEFA	iShares Core MSCI EAFE ETF	Added	94,461	+5,501	$7,071,350	—	6+	before history	1.89%
AAPL	Apple Inc. Technology	Added	34,871	+468	$4,775,932	+13.6%	6+	before history	1.28%
ITOT	iShares Core S&P Total U.S. Stock Market ETF	Reduced	47,158	-2,769	$4,657,324	—	6+	before history	1.24%
IJH	iShares Core S&P Mid-Cap ETF	Added	14,875	+330	$3,997,358	—	6+	before history	1.07%
IUSB	iShares Core Universal USD Bond ETF	Reduced	39,033	-1,685	$2,087,875	—	6+	before history	0.56%
IXUS	iShares Core MSCI Total International Stock ETF	Reduced	20,864	-1,518	$1,529,331	—	6+	before history	0.41%
AMZN	Amazon Com Inc Consumer Cyclical	Added	431	+16	$1,482,708	+15.5%	6+	before history	0.40%
MSFT	Microsoft Corp Technology	Added	5,087	+138	$1,378,068	+18.1%	6+	before history	0.37%
QQQ	Invesco Qqq Trust, Series 1	Reduced	3,874	-15	$1,373,061	+10.6%	6+	before history	0.37%
FDVV	Fidelity High Dividend ETF	Reduced	35,898	-542	$1,352,995	+4.5%	6+	before history	0.36%
FSK	FS KKR Capital Corp Financial Services	NEW	57,779	NEW	$1,242,826	NEW	1	$21.42	0.33%
QCOM	Qualcomm Inc Technology	Added	8,014	+387	$1,145,441	+13.3%	6+	before history	0.31%
RDIV	Invesco Ltd. Financial Services	Reduced	27,493	-239	$1,133,536	+2.7%	2	$37.54	0.30%
IWF	iShares Russell 1000 Growth ETF	Reduced	4,041	-17	$1,097,050	—	6+	before history	0.29%
FQAL	Fidelity Quality Factor ETF	Reduced	21,202	-124	$1,047,378	+8.2%	6+	before history	0.28%
IVW	iShares S&P 500 Growth ETF	Reduced	13,517	-185	$983,091	—	6+	before history	0.26%
SRE	Sempra Utilities	Reduced	7,108	-214	$941,667	−3.0%	6+	before history	0.25%
SRLN	State Street(R) Blackstone Senior Loan ETF	Reduced	20,243	-2,208	$937,048	−8.8%	3	$45.13	0.25%
INTU	Intuit Inc. Technology	Held	1,600	0	$784,272	+28.0%	3	$351.19	0.21%
SPY	Spdr S&P 500 ETF Trust	Reduced	1,751	-4	$749,533	+7.8%	6+	before history	0.20%
HD	Home Depot, Inc. Consumer Cyclical	Added	2,298	+104	$732,809	+9.4%	6+	before history	0.20%
DIA	Spdr Dow Jones Industrial Average ETF Trust	Added	1,859	+9	$641,262	+5.0%	6+	before history	0.17%
MCD	Mcdonalds Corp Consumer Cyclical	Added	2,710	+98	$625,982	+6.9%	6+	before history	0.17%
GOOGL	Alphabet Inc. Communication Services	Added	238	+22	$581,146	+30.4%	4	$1,602.67	0.16%
COST	Costco Wholesale Corp Consumer Defensive	Added	1,422	+35	$562,642	+15.1%	6+	before history	0.15%
JNJ	Johnson & Johnson Healthcare	Added	3,334	+46	$549,243	+1.6%	6+	before history	0.15%
VUG	VANGUARD GROWTH INDEX FUND	Held	1,905	0	$546,373	+11.6%	6+	before history	0.15%
SCHB	Schwab U.S. Broad Market ETF	NEW	4,966	NEW	$517,803	NEW	1	unpriced	0.14%
		Held	18,998	0	$459,371	−10.1%	5	$15.23	0.12%
VEA	Vanguard FTSE Developed Markets ETF	Reduced	8,788	-62	$452,757	+4.2%	3	$44.57	0.12%
		Added	4,713	+640	$450,280	+25.9%	5	unpriced	0.12%
SCHD	Schwab U.S. Dividend Equity ETF	Added	5,953	+1,200	$450,166	+29.9%	6+	before history	0.12%
AGG	iShares Core U.S. Aggregate Bond ETF	Added	3,673	+1,409	$423,607	—	3	unpriced	0.11%
REET	iShares Global REIT ETF	Added	15,048	+156	$417,130	—	6+	before history	0.11%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	3,087	+67	$416,528	+1.8%	6+	before history	0.11%
META	Meta Platforms, Inc. Communication Services	Added	1,186	+131	$412,384	+32.7%	6+	before history	0.11%
HYG	iShares iBoxx $ High Yield Corporate Bond ETF	Added	4,605	+9	$405,424	—	6+	before history	0.11%
FBND	Fidelity Total Bond ETF	Reduced	7,435	-106	$396,508	+0.3%	6+	before history	0.11%
BGRN	iShares USD Green Bond ETF	Held	7,040	0	$385,369	—	6+	before history	0.10%

Showing the top 50 of 93 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.