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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
+9.74%
1 Year Est. Return
+15.13%
3 Year Est. Return
+46.98%
5 Year Est. Return
+43.13%
10 Year Est. Return
–
AUM
$254M
AUM Growth
+$19.8M
Cap. Flow
-$1.98M
Cap. Flow %
-0.78%
Top 10 Hldgs %
55.98%
Holding
102
New
9
Increased
23
Reduced
47
Closed
1

Top Buys

Rank Stock Value
1
VUSB icon
Vanguard Ultra-Short Bond ETF
VUSB
+$6.74M
2
NVDA icon
NVIDIA
NVDA
+$988K
3
VTI icon
Vanguard Morningstar Total Stock Market ETF
VTI
+$633K
4
AMZN icon
Amazon
AMZN
+$608K
5
CRM icon
Salesforce
CRM
+$245K

Top Sells

Rank Stock Value
1
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$2.96M
2
MUB icon
iShares National Muni Bond ETF
MUB
+$2.03M
3
BSV icon
Vanguard Short-Term Bond ETF
BSV
+$1.54M
4
LQDH icon
iShares Interest Rate Hedged Corporate Bond ETF
LQDH
+$1.09M
5
VTEB icon
Vanguard Tax-Exempt Bond Index Fund
VTEB
+$945K

Sector Composition

Rank Sector Weight
1 Technology 5.73%
2 Consumer Discretionary 2.52%
3 Financials 1.8%
4 Consumer Staples 1.5%
5 Healthcare 1.49%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GOOG icon
51
Alphabet (Google) Class C
GOOG
$4.4T
$602K 0.24%
4,270
– –
JNJ icon
52
Johnson & Johnson
JNJ
$621B
$593K 0.23%
3,782
– –
META icon
53
Meta Platforms (Facebook)
META
$1.5T
$580K 0.23%
1,640
-1
-0.1% -$326
AVGO icon
54
Broadcom
AVGO
$1.99T
$550K 0.22%
4,930
+890
+22% +$84.3K
HYG icon
55
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
$548K 0.22%
7,085
– –
ADBE icon
56
Adobe
ADBE
$103B
$536K 0.21%
899
+9
+1% +$5.19K
ACN icon
57
Accenture
ACN
$104B
$517K 0.2%
1,473
-1
-0.1% -$322
MUB icon
58
iShares National Muni Bond ETF
MUB
$45.4B
$514K 0.2%
4,743
-19,454
-80% -$2.03M
UNH icon
59
UnitedHealth
UNH
$375B
$498K 0.2%
946
-2
-0.2% -$1.07K
VBR icon
60
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.9B
$480K 0.19%
2,667
– –
ABBV icon
61
AbbVie
ABBV
$435B
$468K 0.18%
3,018
+8
+0.3% +$1.17K
AMD icon
62
Advanced Micro Devices
AMD
$786B
$434K 0.17%
2,946
– –
HON icon
63
Honeywell
HON
$78.6B
$412K 0.16%
2,083
-4
-0.2% -$721
SO icon
64
Southern Company
SO
$107B
$401K 0.16%
5,723
-55
-1% -$3.78K
IGHG icon
65
ProShares Investment Grade-Interest Rate Hedged
IGHG
$329M
$382K 0.15%
5,075
– –
LLY icon
66
Eli Lilly
LLY
$1.04T
$348K 0.14%
597
-24
-4% -$14K
BAC icon
67
Bank of America
BAC
$442B
$336K 0.13%
9,992
– –
WM icon
68
Waste Management
WM
$89.7B
$335K 0.13%
1,871
+73
+4% +$12.2K
PG icon
69
Procter & Gamble
PG
$342B
$331K 0.13%
2,258
+2
+0.1% +$296
KO icon
70
Coca-Cola
KO
$374B
$330K 0.13%
5,592
+124
+2% +$7.04K
LMT icon
71
Lockheed Martin
LMT
$133B
$328K 0.13%
723
-1
-0.1% -$443
SCHP icon
72
Schwab US TIPS ETF
SCHP
$16.3B
$324K 0.13%
12,414
-1,632
-12% -$41.5K
SBUX icon
73
Starbucks
SBUX
$121B
$323K 0.13%
3,365
+56
+2% +$5.45K
UPS icon
74
United Parcel Service
UPS
$91.5B
$323K 0.13%
2,053
+17
+0.8% +$2.57K
OKTA icon
75
Okta
OKTA
$25.6B
$307K 0.12%
3,391
-14
-0.4% -$1.07K
1 2
3
4 5

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HFS
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LFP
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Red Wave Investments's Q4 2023 Portfolio in Review

As of Q4 2023, Red Wave Investments held 102 positions worth $254M, up 8.4% from $234M the previous quarter. Its ten largest holdings account for 56% of the portfolio.

Red Wave Investments's Q4 2023 filing shows 9 new, 23 increased, 47 reduced and 1 closed positions. Its largest new stake was Salesforce: 1,082 shares worth $285K. The largest sale was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $2.96M.

By sector, the portfolio is most concentrated in Technology at 5.7% of assets, up from 4.5% a quarter earlier, followed by Consumer Discretionary and Financials.

  • Red Wave Investments's largest Q4 2023 buy was Salesforce: 1,082 shares worth $285K.
  • Red Wave Investments added most to Vanguard Ultra-Short Bond ETF in Q4 2023, an estimated $6.74M increase.
  • Red Wave Investments's biggest Q4 2023 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $2.96M.
  • Red Wave Investments fully exited Chevron in Q4 2023, selling an estimated $218K.
  • Red Wave Investments's ten largest holdings make up 56% of its $254M portfolio in Q4 2023.
  • Red Wave Investments opened 9 new positions and closed 1 in Q4 2023.
  • Red Wave Investments's portfolio value rose 8.4% quarter-over-quarter to $254M.

Based on Red Wave Investments's 13F filing for Q4 2023, filed 5 Feb 2024.