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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
+2.07%
1 Year Est. Return
+30.25%
3 Year Est. Return
+74.87%
5 Year Est. Return
+76.29%
10 Year Est. Return
–
AUM
$733M
AUM Growth
-$68M
(-8.5%)
Cap. Flow
-$79.5M
Cap. Flow
% of AUM
-10.84%
Top 10 Holdings %
Top 10 Hldgs %
72.9%
Holding
87
New
4
Increased
12
Reduced
32
Closed
11
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Qualcomm
QCOM
|
+$1.8M |
| 2 |
NextEra Energy
NEE
|
+$1.53M |
| 3 |
Analog Devices
ADI
|
+$1.26M |
| 4 |
Eastman Chemical
EMN
|
+$778K |
| 5 |
JPMorgan Chase
JPM
|
+$764K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 1000 ETF
IWB
|
+$14.9M |
| 2 |
Vanguard Russell 1000 ETF
VONE
|
+$13.5M |
| 3 |
Vanguard Russell 1000 Value ETF
VONV
|
+$5.84M |
| 4 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$4.6M |
| 5 |
iShares Russell 1000 Growth ETF
IWF
|
+$4.57M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.22% |
| 2 | Healthcare | 3.48% |
| 3 | Industrials | 2.76% |
| 4 | Financials | 2.37% |
| 5 | Consumer Staples | 1.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Marathon Petroleum
MPC
$83.7B
| $250K | 0.03% |
1,440
-3,526
| -71% | -$656K |
|
77
BHP
BHP
$230B
| – | – |
-22,258
| Closed | -$1.28M |
|
78
ConocoPhillips
COP
$141B
| – | – |
-7,129
| Closed | -$907K |
|
79
Digital Realty Trust
DLR
$71.7B
| – | – |
-9,983
| Closed | -$1.44M |
|
80
Newmont
NEM
$119B
| – | – |
-20,105
| Closed | -$721K |
|
81
Realty Income
O
$59.1B
| – | – |
-23,605
| Closed | -$1.28M |
|
82
Occidental Petroleum
OXY
$55.9B
| – | – |
-27,019
| Closed | -$1.76M |
|
83
Prologis
PLD
$133B
| – | – |
-19,743
| Closed | -$2.57M |
|
84
Starbucks
SBUX
$120B
| – | – |
-10,365
| Closed | -$947K |
|
85
Southern Copper
SCCO
$166B
| – | – |
-2,173
| Closed | -$215K |
|
86
Vanguard Russell 1000 Growth ETF
VONG
$45.8B
| – | – |
-39,743
| Closed | -$3.44M |
|
|
87
Vanguard Russell 1000 Value ETF
VONV
$22B
| – | – |
-74,240
| Closed | -$5.84M |
|
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Red Cedar Investment Management's Q2 2024 Portfolio in Review
As of Q2 2024, Red Cedar Investment Management held 87 positions worth $733M, down 8.5% from $801M the previous quarter. Its ten largest holdings account for 73% of the portfolio.
Red Cedar Investment Management withdrew a net $79.5M in Q2 2024, closing 11 positions and reducing 32 holdings. Its most notable exit was Vanguard Russell 1000 Value ETF, an estimated $5.84M position sold in full.
By sector, the portfolio is most concentrated in Technology at 7.2% of assets, up from 6.4% a quarter earlier, followed by Healthcare and Industrials.
Against the trend, Red Cedar Investment Management opened a new position in NextEra Energy worth $1.53M.
- Red Cedar Investment Management's largest Q2 2024 buy was NextEra Energy: 21,571 shares worth $1.53M.
- Red Cedar Investment Management added most to Qualcomm in Q2 2024, an estimated $1.8M increase.
- Red Cedar Investment Management's biggest Q2 2024 reduction was iShares Russell 1000 ETF, cutting an estimated $14.9M.
- Red Cedar Investment Management fully exited Vanguard Russell 1000 Value ETF in Q2 2024, selling an estimated $5.84M.
- Red Cedar Investment Management's ten largest holdings make up 73% of its $733M portfolio in Q2 2024.
- Red Cedar Investment Management opened 4 new positions and closed 11 in Q2 2024.
- Red Cedar Investment Management's portfolio value fell 8.5% quarter-over-quarter to $733M.
Based on Red Cedar Investment Management's 13F filing for Q2 2024, filed 25 Jul 2024.