Redwood Financial Network Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Janus Henderson Short Duration Income ETF
VNLA
|
+$571K |
| 2 |
Invesco Variable Rate Preferred ETF
VRP
|
+$461K |
| 3 |
State Street SPDR Portfolio High Yield Bond ETF
SPHY
|
+$447K |
| 4 |
State Street SPDR Bloomberg 1-10 Year TIPS ETF
TIPX
|
+$388K |
| 5 |
Schwab US Large-Cap Growth ETF
SCHG
|
+$341K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.05M |
| 2 |
Vanguard Morningstar Mega Cap Value ETF
MGV
|
+$636K |
| 3 |
Vanguard Morningstar Mega Cap Growth ETF
MGK
|
+$563K |
| 4 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$539K |
| 5 |
Vanguard Information Technology ETF
VGT
|
+$465K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.28% |
| 2 | Communication Services | 3.91% |
| 3 | Consumer Discretionary | 3.18% |
| 4 | Financials | 2.23% |
| 5 | Healthcare | 2.17% |
Similar funds
Redwood Financial Network's Q3 2023 Portfolio in Review
As of Q3 2023, Redwood Financial Network held 160 positions worth $94.4M, down 12% from $107M the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Redwood Financial Network withdrew a net $9.72M in Q3 2023, closing 25 positions and reducing 80 holdings. Its most notable exit was Vanguard Morningstar Mega Cap Value ETF, an estimated $636K position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.3% of assets, up from 8% a quarter earlier, followed by Communication Services and Consumer Discretionary.
Against the trend, Redwood Financial Network opened a new position in Invesco Variable Rate Preferred ETF worth $458K.
- Redwood Financial Network's largest Q3 2023 buy was Invesco Variable Rate Preferred ETF: 20,473 shares worth $458K.
- Redwood Financial Network added most to Janus Henderson Short Duration Income ETF in Q3 2023, an estimated $571K increase.
- Redwood Financial Network's biggest Q3 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.05M.
- Redwood Financial Network fully exited Vanguard Morningstar Mega Cap Value ETF in Q3 2023, selling an estimated $636K.
- Redwood Financial Network's ten largest holdings make up 28% of its $94.4M portfolio in Q3 2023.
- Redwood Financial Network opened 10 new positions and closed 25 in Q3 2023.
- Redwood Financial Network's portfolio value fell 12% quarter-over-quarter to $94.4M.
Based on Redwood Financial Network's 13F filing for Q3 2023, filed 8 Nov 2023.