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 | |
|---|---|---|---|---|---|---|
76
Waste Management
WM
$91.6B
| $255K | 0.11% |
1,626
-758
| -32% | -$122K |
|
77
Dick's Sporting Goods
DKS
$17.8B
| $247K | 0.1% |
2,057
| – | – |
|
78
AT&T
T
$162B
| $242K | 0.1% |
13,146
-4,836
| -27% | -$86.6K |
|
79
Abbott
ABT
$187B
| $242K | 0.1% |
2,202
-347
| -14% | -$35.9K |
|
80
Comcast
CMCSA
$89.4B
| $239K | 0.1% |
6,822
| – | – |
|
81
Chevron
CVX
$371B
| $237K | 0.1% |
1,318
-386
| -23% | -$67.4K |
|
82
Eli Lilly
LLY
$1.06T
| $236K | 0.1% |
646
| – | – |
|
83
Okta
OKTA
$24.9B
| $233K | 0.1% |
+3,405
| New | +$194K |
|
84
Duke Energy
DUK
$96.6B
| $225K | 0.1% |
2,187
-1,469
| -40% | -$141K |
|
85
iShares Russell 2000 ETF
IWM
$82.1B
| $223K | 0.09% |
+1,278
| New | +$227K |
|
86
McDonald's
MCD
$196B
| $220K | 0.09% |
834
-467
| -36% | -$123K |
|
87
Broadcom
AVGO
$2T
| $219K | 0.09% |
+3,910
| New | +$196K |
|
88
iShares Short-Term National Muni Bond ETF
SUB
$11.4B
| $219K | 0.09% |
2,096
| – | – |
|
89
Leidos
LDOS
$17B
| $216K | 0.09% |
+2,058
| New | +$211K |
|
90
Dominion Energy
D
$58.8B
| $214K | 0.09% |
3,496
+102
| +3% | +$6.41K |
|
91
CSX Corp
CSX
$93.9B
| $209K | 0.09% |
6,747
-3,745
| -36% | -$113K |
|
92
3M
MMM
$93.2B
| $206K | 0.09% |
+2,051
| New | +$209K |
|
93
Boeing
BA
$184B
| $201K | 0.08% |
+1,056
| New | +$173K |
|
94
Lowe's Companies
LOW
$122B
| $201K | 0.08% |
+1,008
| New | +$201K |
|
95
Quantum-Si Incorporated
QSI
$165M
| $67.7K | 0.03% |
37,000
| – | – |
|
96
Palantir
PLTR
$375B
| $66.3K | 0.03% |
10,329
+190
| +2% | +$1.44K |
|
97
Moody's
MCO
$81.9B
| – | – |
-890
| Closed | -$216K |
|
98
Meta Platforms (Facebook)
META
$1.5T
| – | – |
-1,841
| Closed | -$250K |
|
99
Pfizer
PFE
$149B
| – | – |
-5,254
| Closed | -$230K |
|
100
iShares MSCI USA Value Factor ETF
VLUE
$9.36B
| – | – |
-4,452
| Closed | -$364K |
|
Similar funds
PCM
HGA
MAM
PHWM
HFS
VFIC
WHGC
WCM
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.