We are live on
!
Find out more
RWI
Red Wave Investments Portfolio holdings
AUM
$335M
1-Year Est. Return
15.13%
This Fund
S&P 500
This Quarter
Est. Return
+6.44%
1 Year Est. Return
+15.13%
3 Year Est. Return
+46.98%
5 Year Est. Return
+43.13%
10 Year Est. Return
–
AUM
$237M
AUM Growth
+$5.61M
(+2.4%)
Cap. Flow
-$7.56M
Cap. Flow
% of AUM
-3.19%
Top 10 Holdings %
Top 10 Hldgs %
51.05%
Holding
102
New
12
Increased
15
Reduced
58
Closed
6
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$11.4M |
| 2 |
Vanguard Ultra-Short Bond ETF
VUSB
|
+$6.89M |
| 3 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$1.59M |
| 4 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$852K |
| 5 |
iShares Core MSCI Total International Stock ETF
IXUS
|
+$720K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$7.28M |
| 2 |
Vanguard Total Bond Market
BND
|
+$1.72M |
| 3 |
Vanguard Tax-Exempt Bond Index Fund
VTEB
|
+$1.1M |
| 4 |
Vanguard Total International Bond ETF
BNDX
|
+$849K |
| 5 |
iShares TIPS Bond ETF
TIP
|
+$830K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.21% |
| 2 | Consumer Discretionary | 1.84% |
| 3 | Financials | 1.68% |
| 4 | Healthcare | 1.38% |
| 5 | Consumer Staples | 1.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Johnson & Johnson
JNJ
$621B
| $527K | 0.22% |
2,986
| – | – |
|
52
UnitedHealth
UNH
$375B
| $496K | 0.21% |
936
-10
| -1% | -$5.3K |
|
53
Schwab US TIPS ETF
SCHP
$16.3B
| $473K | 0.2% |
+18,266
| New | +$478K |
|
54
AbbVie
ABBV
$435B
| $459K | 0.19% |
2,839
-932
| -25% | -$143K |
|
55
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.9B
| $451K | 0.19% |
2,840
-183
| -6% | -$29.1K |
|
56
Honeywell
HON
$78.6B
| $430K | 0.18% |
2,128
-1,058
| -33% | -$202K |
|
57
Tesla
TSLA
$1.27T
| $400K | 0.17% |
3,250
+2
| +0.1% | +$379 |
|
58
NVIDIA
NVDA
$5.31T
| $399K | 0.17% |
27,270
-4,550
| -14% | -$66.7K |
|
|
NVO
59
Novo Nordisk
NVO
$197B
| $396K | 0.17% |
5,846
-2,770
| -32% | -$162K |
|
60
Accenture
ACN
$104B
| $394K | 0.17% |
1,476
-1,062
| -42% | -$294K |
|
61
Southern Company
SO
$107B
| $391K | 0.16% |
5,473
-4,246
| -44% | -$284K |
|
62
Alphabet (Google) Class C
GOOG
$4.4T
| $388K | 0.16% |
4,370
-190
| -4% | -$18.1K |
|
63
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$19.1B
| $369K | 0.16% |
7,890
-713
| -8% | -$34K |
|
64
ProShares Investment Grade-Interest Rate Hedged
IGHG
$329M
| $361K | 0.15% |
5,075
| – | – |
|
65
iShares Core US Aggregate Bond ETF
AGG
$138B
| $358K | 0.15% |
+3,690
| New | +$357K |
|
66
United Parcel Service
UPS
$91.5B
| $350K | 0.15% |
2,012
-1,053
| -34% | -$182K |
|
67
Bank of America
BAC
$442B
| $341K | 0.14% |
10,306
| – | – |
|
68
PNC Financial Services
PNC
$102B
| $340K | 0.14% |
2,150
-1,412
| -40% | -$222K |
|
69
Coca-Cola
KO
$374B
| $334K | 0.14% |
5,246
-1,881
| -26% | -$114K |
|
70
Lockheed Martin
LMT
$133B
| $332K | 0.14% |
682
-493
| -42% | -$229K |
|
71
Starbucks
SBUX
$121B
| $308K | 0.13% |
3,102
-1,119
| -27% | -$106K |
|
72
Adobe
ADBE
$103B
| $301K | 0.13% |
894
-254
| -22% | -$81.2K |
|
73
Procter & Gamble
PG
$342B
| $299K | 0.13% |
1,973
-100
| -5% | -$14K |
|
74
Nike
NKE
$63B
| $273K | 0.12% |
2,336
-679
| -23% | -$68.4K |
|
75
PepsiCo
PEP
$189B
| $265K | 0.11% |
1,469
-285
| -16% | -$50.8K |
|
Similar funds
PCM
HGA
MAM
PHWM
HFS
VFIC
LFP
WHGC
Red Wave Investments's Q4 2022 Portfolio in Review
As of Q4 2022, Red Wave Investments held 102 positions worth $237M, up 2.4% from $231M the previous quarter. Its ten largest holdings account for 51% of the portfolio.
Red Wave Investments withdrew a net $7.56M in Q4 2022, closing 6 positions and reducing 58 holdings. Its most notable exit was iShares MSCI USA Value Factor ETF, an estimated $364K position sold in full.
By sector, the portfolio is most concentrated in Technology at 3.2% of assets, down from 3.3% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Red Wave Investments opened a new position in Invesco QQQ Trust worth $11M.
- Red Wave Investments's largest Q4 2022 buy was Invesco QQQ Trust: 41,401 shares worth $11M.
- Red Wave Investments added most to Vanguard Morningstar Total Stock Market ETF in Q4 2022, an estimated $1.59M increase.
- Red Wave Investments's biggest Q4 2022 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $7.28M.
- Red Wave Investments fully exited iShares MSCI USA Value Factor ETF in Q4 2022, selling an estimated $364K.
- Red Wave Investments's ten largest holdings make up 51% of its $237M portfolio in Q4 2022.
- Red Wave Investments opened 12 new positions and closed 6 in Q4 2022.
- Red Wave Investments's portfolio value rose 2.4% quarter-over-quarter to $237M.
Based on Red Wave Investments's 13F filing for Q4 2022, filed 3 Feb 2023.