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RCIM
Red Cedar Investment Management Portfolio holdings
AUM
$965M
1-Year Est. Return
30.25%
This Fund
S&P 500
This Quarter
Est. Return
+5.99%
1 Year Est. Return
+30.25%
3 Year Est. Return
+74.87%
5 Year Est. Return
+76.29%
10 Year Est. Return
–
AUM
$753M
AUM Growth
-$20.1M
(-2.6%)
Cap. Flow
-$66.7M
Cap. Flow
% of AUM
-8.86%
Top 10 Holdings %
Top 10 Hldgs %
74.53%
Holding
86
New
6
Increased
10
Reduced
33
Closed
8
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$26.9M |
| 2 |
First Trust Senior Loan Fund ETF
FTSL
|
+$23.2M |
| 3 |
Vanguard Russell 1000 Value ETF
VONV
|
+$19M |
| 4 |
Vanguard Short-Term Corporate Bond ETF
VCSH
|
+$10.1M |
| 5 |
Vanguard Russell 2000 Value ETF
VTWV
|
+$1.21M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 1000 Growth ETF
IWF
|
+$23.3M |
| 2 |
Vanguard Russell 1000 ETF
VONE
|
+$21M |
| 3 |
iShares Russell 1000 ETF
IWB
|
+$19.3M |
| 4 |
Vanguard Russell 2000 ETF
VTWO
|
+$16.2M |
| 5 |
iShares S&P GSCI Commodity-Indexed Trust
GSG
|
+$15.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.04% |
| 2 | Financials | 1.95% |
| 3 | Industrials | 1.16% |
| 4 | Healthcare | 0.99% |
| 5 | Consumer Staples | 0.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
PepsiCo
PEP
$190B
| $316K | 0.04% |
2,131
| – | – |
|
|
DFS
77
DELISTED
Discover Financial Services
DFS
| $311K | 0.04% |
+2,629
| New | +$297K |
|
78
Johnson & Johnson
JNJ
$625B
| $221K | 0.03% |
1,341
| – | – |
|
79
AGNC Investment
AGNC
$12.9B
| – | – |
-24,531
| Closed | -$411K |
|
80
Advanced Micro Devices
AMD
$789B
| – | – |
-9,667
| Closed | -$759K |
|
|
CIM
81
Chimera Investment
CIM
$1B
| – | – |
-19,901
| Closed | -$758K |
|
82
Honeywell
HON
$78B
| – | – |
-3,283
| Closed | -$672K |
|
83
iShares Core S&P 500 ETF
IVV
$902B
| – | – |
-18,889
| Closed | -$7.51M |
|
84
State Street SPDR S&P 500 ETF Trust
SPY
$823B
| – | – |
-14,887
| Closed | -$5.9M |
|
85
Starwood Property Trust
STWD
$6.09B
| – | – |
-20,339
| Closed | -$503K |
|
86
Vanguard Morningstar Large-Cap ETF
VV
$54.3B
| – | – |
-31,089
| Closed | -$5.76M |
|
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Red Cedar Investment Management's Q2 2021 Portfolio in Review
As of Q2 2021, Red Cedar Investment Management held 86 positions worth $753M, down 2.6% from $773M the previous quarter. Its ten largest holdings account for 75% of the portfolio.
Red Cedar Investment Management withdrew a net $66.7M in Q2 2021, closing 8 positions and reducing 33 holdings. Its most notable exit was iShares Core S&P 500 ETF, an estimated $7.51M position sold in full.
By sector, the portfolio is most concentrated in Technology at 2% of assets, down from 2.1% a quarter earlier, followed by Financials and Industrials.
Against the trend, Red Cedar Investment Management opened a new position in First Trust Senior Loan Fund ETF worth $23.3M.
- Red Cedar Investment Management's largest Q2 2021 buy was First Trust Senior Loan Fund ETF: 484,508 shares worth $23.3M.
- Red Cedar Investment Management added most to State Street SPDR Portfolio Short Term Corporate Bond ETF in Q2 2021, an estimated $26.9M increase.
- Red Cedar Investment Management's biggest Q2 2021 reduction was iShares Russell 1000 Growth ETF, cutting an estimated $23.3M.
- Red Cedar Investment Management fully exited iShares Core S&P 500 ETF in Q2 2021, selling an estimated $7.51M.
- Red Cedar Investment Management's ten largest holdings make up 75% of its $753M portfolio in Q2 2021.
- Red Cedar Investment Management opened 6 new positions and closed 8 in Q2 2021.
- Red Cedar Investment Management's portfolio value fell 2.6% quarter-over-quarter to $753M.
Based on Red Cedar Investment Management's 13F filing for Q2 2021, filed 2 Aug 2021.