Werba Rubin Papier Wealth Management

RIA/Wealth

Werba Rubin Papier Wealth Management is a RIA/Wealth based in San Jose, CA led by Jason Robert Papier, reporting $1.1B in AUM as of Q3 2025 with 76% ETF concentration and 55% concentrated in top 10 holdings.

Managing PartnerJason Robert Papier

Portfolio Value: $618.1M
Positions: 238
Top Holding: AVUS at 11.96%
Last Reported: Q3 2025

Address1732 North 1st Street, Suite 220, San Jose, CA, 95112, United States

Top Holdings

Largest long holdings in Werba Rubin Papier Wealth Management's portfolio (54.8% of total portfolio)

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Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Avantis U.S. Equity AVUS	ETF ETF	$73.9M	11.96%	+$3.1M Bought	— 680.3K shares	Q4 2022 Held for 2y 11m
2 Avantis International Equity AVDE	ETF ETF	$61.8M	10.01%	+$2.5M Bought	— 783.9K shares	Q4 2022 Held for 2y 11m
3 Avantis U.S. Small Cap Value AVUV	ETF ETF	$45.1M	7.30%	-$210.4K Sold	— 453.2K shares	Q4 2022 Held for 2y 11m
4 Apple AAPL	Consumer Electronics Technology	$29.7M	4.81%	+$356.7K Bought	0.00% 116.7K shares	Q4 2022 Held for 2y 11m
5 Avantis International Small Cap Value AVDV	ETF ETF	$28.2M	4.56%	+$1.3M Bought	— 316.4K shares	Q4 2022 Held for 2y 11m
6 Nvidia NVDA	Semiconductors Technology	$24.6M	3.98%	+$18.2M Bought	0.00% 131.9K shares	Q4 2022 Held for 2y 11m
7 Vanguard Growth VUG	ETF ETF	$20.3M	3.28%	+$458.5K Bought	— 42.3K shares	Q2 2023 Held for 2y 5m
8 Vanguard Value VTV	ETF ETF	$19.9M	3.22%	+$9.3M Bought	— 106.8K shares	Q1 2024 Held for 1y 8m
9 Vanguard Total Bond Market BND	ETF ETF	$18.7M	3.02%	+$3.7M Bought	— 250.8K shares	Q4 2024 Held for 11 months
10 Schwab Long-Term U.S. Treasury SCHQ	ETF ETF	$16.4M	2.65%	-$2.3M Sold	— 507.4K shares	Q3 2024 Held for 1y 2m

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Changes

Portfolio activity, position movements, and quarter-over-quarter changes in Werba Rubin Papier Wealth Management's latest filing

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Market Value

$618.1M

Prior: $531.6M

Q/Q Change

+16.28%

+$86.5M

Net Flows % of MV

+8.07%

Turnover Ratio

7.15%

New Purchases

19 stocks

$7.5M

Added To

119 stocks

+$60.9M

Sold Out Of

15 stocks

$7.9M

Reduced Holdings

68 stocks

-$10.7M

Increased Positions

Position	Shares Δ	Change
1 CGSD Capital Group Short Duration Income CGSD	New	0 → 53.4K +$1.4M
2 Vanguard Long-Term Treasury VGLT	New	0 → 16.7K +$950.9K
3 KKR & Co. KKR	New	0 → 4.7K +$613.4K
4 DGCB Dimensional Global Credit DGCB	New	0 → 10.0K +$553.4K
5 Schwab U.S. Broad Market SCHB	New	0 → 18.3K +$470.5K

Decreased Positions

Position	Shares Δ	Change
1 iShares Trust IGSB	Sold	32.9K → 0 −$1.7M
2 iShares Core U.S. Aggregate Bond AGG	Sold	13.4K → 0 −$1.3M
3 abrdn Bloomberg All Commodity Strategy K-1 Free ETF BCI	Sold	42.5K → 0 −$882.4K
4 BlackRock Short Duration Bond NEAR	Sold	17.0K → 0 −$866.9K
5 Vanguard Emerging Markets Government Bond VWOB	Sold	6.8K → 0 −$447.4K

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Analytics

Portfolio insights and performance metrics for Werba Rubin Papier Wealth Management

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Sector Allocation

ETF

75.60%

Technology

12.80%

Communication Services

2.20%

Financial Services

2.10%

Healthcare

1.90%

Consumer Cyclical

1.20%

Consumer Defensive

0.80%

Industrials

0.60%

Energy

0.60%

Real Estate

0.20%

Utilities

0.10%

Basic Materials

0.10%

Market Cap Distribution

Mega Cap (> $200B)

16.72%

Large Cap ($10B - $200B)

3.66%

Mid Cap ($2B - $10B)

0.47%

Small Cap ($300M - $2B)

1.36%

Micro Cap ($50M - $300M)

0.16%

Nano Cap (< $50M)

0.04%

N/A (ETF or Unknown)

77.58%

Portfolio Concentration

Top 10 Holdings %

54.78%

Top 20 Holdings %

68.39%

Top 50 Holdings %

83.83%

Top 100 Holdings %

92.45%