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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
-3.43%
1 Year Est. Return
+15.13%
3 Year Est. Return
+46.98%
5 Year Est. Return
+43.13%
10 Year Est. Return
–
AUM
$234M
AUM Growth
-$13.3M
Cap. Flow
-$4.49M
Cap. Flow %
-1.92%
Top 10 Hldgs %
53.67%
Holding
93
New
1
Increased
7
Reduced
44
Closed
–

Top Buys

Rank Stock Value
1
VUSB icon
Vanguard Ultra-Short Bond ETF
VUSB
+$2.11M
2
CLDI icon
Calidi Biotherapeutics
CLDI
+$470K
3
SPDW icon
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
+$57K
4
VV icon
Vanguard Morningstar Large-Cap ETF
VV
+$47.2K
5
VTI icon
Vanguard Morningstar Total Stock Market ETF
VTI
+$27.4K

Top Sells

Rank Stock Value
1
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$2M
2
IVV icon
iShares Core S&P 500 ETF
IVV
+$1.16M
3
TIP icon
iShares TIPS Bond ETF
TIP
+$1.07M
4
BND icon
Vanguard Total Bond Market
BND
+$981K
5
LQDH icon
iShares Interest Rate Hedged Corporate Bond ETF
LQDH
+$522K

Sector Composition

Rank Sector Weight
1 Technology 4.45%
2 Consumer Discretionary 2.15%
3 Financials 1.78%
4 Healthcare 1.57%
5 Consumer Staples 1.54%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CHD icon
51
Church & Dwight Co
CHD
$24.6B
$637K 0.27%
6,951
– –
V icon
52
Visa
V
$688B
$637K 0.27%
2,769
-1
-0% -$240
JNJ icon
53
Johnson & Johnson
JNJ
$621B
$589K 0.25%
3,782
– –
GOOG icon
54
Alphabet (Google) Class C
GOOG
$4.4T
$563K 0.24%
4,270
– –
NVO
55
Novo Nordisk
NVO
$197B
$557K 0.24%
6,121
-15
-0.2% -$1.32K
HYG icon
56
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
$522K 0.22%
7,085
-360
-5% -$26.9K
META icon
57
Meta Platforms (Facebook)
META
$1.5T
$493K 0.21%
1,641
-1
-0.1% -$301
UNH icon
58
UnitedHealth
UNH
$375B
$478K 0.2%
948
-1
-0.1% -$492
ADBE icon
59
Adobe
ADBE
$103B
$454K 0.19%
890
– –
ACN icon
60
Accenture
ACN
$104B
$453K 0.19%
1,474
-26
-2% -$8.19K
ABBV icon
61
AbbVie
ABBV
$435B
$449K 0.19%
3,010
-1
-0% -$147
VBR icon
62
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.9B
$425K 0.18%
2,667
– –
IGHG icon
63
ProShares Investment Grade-Interest Rate Hedged
IGHG
$329M
$376K 0.16%
5,075
– –
SO icon
64
Southern Company
SO
$107B
$374K 0.16%
5,778
– –
HON icon
65
Honeywell
HON
$78.6B
$363K 0.16%
2,087
– –
SCHP icon
66
Schwab US TIPS ETF
SCHP
$16.3B
$355K 0.15%
14,046
-4,220
-23% -$109K
AVGO icon
67
Broadcom
AVGO
$1.99T
$336K 0.14%
4,040
– –
LLY icon
68
Eli Lilly
LLY
$1.04T
$334K 0.14%
621
– –
PG icon
69
Procter & Gamble
PG
$341B
$329K 0.14%
2,256
– –
UPS icon
70
United Parcel Service
UPS
$91.5B
$317K 0.14%
2,036
-2
-0.1% -$345
KO icon
71
Coca-Cola
KO
$374B
$306K 0.13%
5,468
+1
+0% +$60
CMCSA icon
72
Comcast
CMCSA
$87.8B
$304K 0.13%
6,860
-3
-0% -$134
AMD icon
73
Advanced Micro Devices
AMD
$786B
$303K 0.13%
2,946
– –
SBUX icon
74
Starbucks
SBUX
$121B
$302K 0.13%
3,309
+21
+0.6% +$2.06K
LMT icon
75
Lockheed Martin
LMT
$133B
$296K 0.13%
724
-5
-0.7% -$2.22K
1 2
3
4

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MAM
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PHWM
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HFS
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VFIC
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LFP
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WHGC
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Red Wave Investments's Q3 2023 Portfolio in Review

As of Q3 2023, Red Wave Investments held 93 positions worth $234M, down 5.4% from $247M the previous quarter. Its ten largest holdings account for 54% of the portfolio.

Trading was light in Q3 2023: portfolio turnover was 1.1%. Red Wave Investments opened 1 new position and made no exits, leaving the 93-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 4.5% of assets, down from 4.5% a quarter earlier, followed by Consumer Discretionary and Financials.

  • Red Wave Investments's largest Q3 2023 buy was Calidi Biotherapeutics: 29 shares worth $188K.
  • Red Wave Investments added most to Vanguard Ultra-Short Bond ETF in Q3 2023, an estimated $2.11M increase.
  • Red Wave Investments's biggest Q3 2023 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $2M.
  • Red Wave Investments's ten largest holdings make up 54% of its $234M portfolio in Q3 2023.
  • Red Wave Investments opened 1 new position and closed 0 in Q3 2023.
  • Red Wave Investments's portfolio value fell 5.4% quarter-over-quarter to $234M.

Based on Red Wave Investments's 13F filing for Q3 2023, filed 7 Nov 2023.