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RWI

Red Wave Investments Portfolio holdings

AUM $335M
1-Year Est. Return 15.13%
This Fund
S&P 500
This Quarter Est. Return
+6.41%
1 Year Est. Return
+15.13%
3 Year Est. Return
+46.98%
5 Year Est. Return
+43.13%
10 Year Est. Return
–
AUM
$241M
AUM Growth
+$3.89M
Cap. Flow
-$9.51M
Cap. Flow %
-3.95%
Top 10 Hldgs %
52.31%
Holding
99
New
3
Increased
27
Reduced
49
Closed
8

Top Buys

Rank Stock Value
1
VUSB icon
Vanguard Ultra-Short Bond ETF
VUSB
+$2.09M
2
META icon
Meta Platforms (Facebook)
META
+$276K
3
AMD icon
Advanced Micro Devices
AMD
+$240K
4
VT icon
Vanguard Total World Stock ETF
VT
+$225K
5
TMO icon
Thermo Fisher Scientific
TMO
+$196K

Top Sells

Rank Stock Value
1
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$3.17M
2
BND icon
Vanguard Total Bond Market
BND
+$2.38M
3
BSV icon
Vanguard Short-Term Bond ETF
BSV
+$708K
4
IVV icon
iShares Core S&P 500 ETF
IVV
+$616K
5
BNDX icon
Vanguard Total International Bond ETF
BNDX
+$470K

Sector Composition

Rank Sector Weight
1 Technology 3.93%
2 Consumer Discretionary 1.9%
3 Financials 1.62%
4 Healthcare 1.45%
5 Consumer Staples 1.42%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CHD icon
51
Church & Dwight Co
CHD
$24.5B
$615K 0.26%
6,951
– –
JPM icon
52
JPMorgan Chase
JPM
$947B
$606K 0.25%
4,654
-200
-4% -$27.4K
JNJ icon
53
Johnson & Johnson
JNJ
$619B
$586K 0.24%
3,782
+796
+27% +$129K
SCHP icon
54
Schwab US TIPS ETF
SCHP
$16.3B
$490K 0.2%
18,266
– –
NVO
55
Novo Nordisk
NVO
$203B
$477K 0.2%
5,998
+152
+3% +$10.8K
ABBV icon
56
AbbVie
ABBV
$431B
$464K 0.19%
2,910
+71
+3% +$10.9K
UNH icon
57
UnitedHealth
UNH
$367B
$449K 0.19%
950
+14
+1% +$6.76K
GOOG icon
58
Alphabet (Google) Class C
GOOG
$4.36T
$444K 0.18%
4,270
-100
-2% -$9.66K
ACN icon
59
Accenture
ACN
$105B
$432K 0.18%
1,510
+34
+2% +$9.27K
VBR icon
60
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.7B
$422K 0.18%
2,657
-183
-6% -$30.3K
SO icon
61
Southern Company
SO
$107B
$393K 0.16%
5,651
+178
+3% +$12K
UPS icon
62
United Parcel Service
UPS
$87.7B
$387K 0.16%
1,993
-19
-0.9% -$3.48K
VTIP icon
63
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$19.1B
$377K 0.16%
7,890
– –
HON icon
64
Honeywell
HON
$76.3B
$369K 0.15%
2,050
-78
-4% -$14.7K
IGHG icon
65
ProShares Investment Grade-Interest Rate Hedged
IGHG
$329M
$365K 0.15%
5,075
– –
META icon
66
Meta Platforms (Facebook)
META
$1.5T
$344K 0.14%
+1,623
New +$276K
ADBE icon
67
Adobe
ADBE
$103B
$343K 0.14%
890
-4
-0.4% -$1.42K
KO icon
68
Coca-Cola
KO
$374B
$336K 0.14%
5,411
+165
+3% +$9.99K
LMT icon
69
Lockheed Martin
LMT
$135B
$334K 0.14%
706
+24
+4% +$11.3K
PG icon
70
Procter & Gamble
PG
$342B
$330K 0.14%
2,221
+248
+13% +$35.5K
SBUX icon
71
Starbucks
SBUX
$120B
$329K 0.14%
3,161
+59
+2% +$6.14K
OKTA icon
72
Okta
OKTA
$24.9B
$294K 0.12%
3,405
– –
NKE icon
73
Nike
NKE
$62.3B
$293K 0.12%
2,392
+56
+2% +$6.88K
PNC icon
74
PNC Financial Services
PNC
$101B
$289K 0.12%
2,273
+123
+6% +$18.5K
AMD icon
75
Advanced Micro Devices
AMD
$798B
$289K 0.12%
+2,946
New +$240K
1 2
3
4

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Red Wave Investments's Q1 2023 Portfolio in Review

As of Q1 2023, Red Wave Investments held 99 positions worth $241M, up 1.6% from $237M the previous quarter. Its ten largest holdings account for 52% of the portfolio.

Red Wave Investments withdrew a net $9.51M in Q1 2023, closing 8 positions and reducing 49 holdings. Its most notable exit was iShares Russell 2000 ETF, an estimated $223K position sold in full.

By sector, the portfolio is most concentrated in Technology at 3.9% of assets, up from 3.2% a quarter earlier, followed by Consumer Discretionary and Financials.

Against the trend, Red Wave Investments opened a new position in Meta Platforms (Facebook) worth $344K.

  • Red Wave Investments's largest Q1 2023 buy was Meta Platforms (Facebook): 1,623 shares worth $344K.
  • Red Wave Investments added most to Vanguard Ultra-Short Bond ETF in Q1 2023, an estimated $2.09M increase.
  • Red Wave Investments's biggest Q1 2023 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $3.17M.
  • Red Wave Investments fully exited iShares Russell 2000 ETF in Q1 2023, selling an estimated $223K.
  • Red Wave Investments's ten largest holdings make up 52% of its $241M portfolio in Q1 2023.
  • Red Wave Investments opened 3 new positions and closed 8 in Q1 2023.
  • Red Wave Investments's portfolio value rose 1.6% quarter-over-quarter to $241M.

Based on Red Wave Investments's 13F filing for Q1 2023, filed 15 May 2023.