Latest Richmond Brothers, Inc. Stock Portfolio
Richmond Brothers, Inc. Performance:
2024 Q3: 0.92%YTD: 6.01%2023: 44.56%
Performance for 2024 Q3 is 0.92%, and YTD is 6.01%, and 2023 is 44.56%.
About Richmond Brothers, Inc. and 13F Hedge Fund Stock Holdings
Richmond Brothers, Inc. is a hedge fund based in JACKSON, MI. On 31-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $201.5 Millions. In it's latest 13F Holdings report, Richmond Brothers, Inc. reported an equity portfolio of $162.2 Millions as of 30 Sep, 2024.
The top stock holdings of Richmond Brothers, Inc. are QQQ, BIL, VAW. The fund has invested 23.1% of it's portfolio in INVESCO QQQ TR and 6.2% of portfolio in SPDR SER TR.
The fund managers got completely rid off AMAZON COM INC (AMZN), AXONICS INC (AXNX) and APPLIED THERAPEUTICS INC (APLT) stocks. They significantly reduced their stock positions in MCDONALDS CORP (MCD), OCUPHIRE PHARMA INC (OCUP) and MIMEDX GROUP INC (MDXG). Richmond Brothers, Inc. opened new stock positions in SPDR SER TR (BIL), VANGUARD WORLD FD (VAW) and VANGUARD INDEX FDS (VB). The fund showed a lot of confidence in some stocks as they added substantially to INVESCO QQQ TR (QQQ), HERON THERAPEUTICS INC (HRTX) and PROSHARES TR (EET).
The top stock holdings of Richmond Brothers, Inc. are QQQ, BIL, VAW. The fund has invested 23.1% of it's portfolio in INVESCO QQQ TR and 6.2% of portfolio in SPDR SER TR.
The fund managers got completely rid off AMAZON COM INC (AMZN), AXONICS INC (AXNX) and APPLIED THERAPEUTICS INC (APLT) stocks. They significantly reduced their stock positions in MCDONALDS CORP (MCD), OCUPHIRE PHARMA INC (OCUP) and MIMEDX GROUP INC (MDXG). Richmond Brothers, Inc. opened new stock positions in SPDR SER TR (BIL), VANGUARD WORLD FD (VAW) and VANGUARD INDEX FDS (VB). The fund showed a lot of confidence in some stocks as they added substantially to INVESCO QQQ TR (QQQ), HERON THERAPEUTICS INC (HRTX) and PROSHARES TR (EET).
Richmond Brothers, Inc. Annual Return Estimates Vs S&P 500
Our best estimate is that Richmond Brothers, Inc. made a return of 0.92% in the last quarter. In trailing 12 months, it's portfolio return was 18.07%.
New Buys
| Ticker | $ Bought |
|---|---|
| spdr ser tr | 10,092,000 |
| vanguard world fd | 7,303,870 |
| vanguard world fd | 7,072,430 |
| vanguard world fd | 7,049,300 |
| vanguard world fd | 7,005,810 |
| vanguard index fds | 6,970,760 |
| vanguard world fd | 6,955,540 |
| vanguard world fd | 6,917,240 |
New stocks bought by Richmond Brothers, Inc.
Additions
| Ticker | % Inc. |
|---|---|
| invesco qqq tr | 98.71 |
| heron therapeutics inc | 43.25 |
| proshares tr | 17.37 |
| durect corp | 6.55 |
Additions to existing portfolio by Richmond Brothers, Inc.
Reductions
| Ticker | % Reduced |
|---|---|
| mcdonalds corp | -27.32 |
| ocuphire pharma inc | -18.65 |
| mimedx group inc | -14.67 |
| apple inc | -13.47 |
| ishares tr | -12.5 |
| berkshire hathaway inc del | -11.22 |
| ishares tr | -10.31 |
| rockwell med inc | -9.74 |
Richmond Brothers, Inc. reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| applied therapeutics inc | -288,732 |
| oncternal therapeutics inc | -187,689 |
| sofi technologies inc | -66,649 |
| axonics inc | -319,275 |
| amazon com inc | -540,521 |
Richmond Brothers, Inc. got rid off the above stocks
Sector Distribution
Richmond Brothers, Inc. has about 90% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 90 |
| Healthcare | 5.2 |
| Technology | 4.6 |
Market Cap. Distribution
Richmond Brothers, Inc. has about 4.7% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 90 |
| MEGA-CAP | 4.7 |
| SMALL-CAP | 3.5 |
| NANO-CAP | 1.1 |
Stocks belong to which Index?
About 8.4% of the stocks held by Richmond Brothers, Inc. either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 91.6 |
| S&P 500 | 4.9 |
| RUSSELL 2000 | 3.5 |
Richmond Brothers, Inc. Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Richmond Brothers, Inc.
Richmond Brothers, Inc. has 33 stocks in it's portfolio. About 64% of the portfolio is in top 10 stocks. MDXG proved to be the most loss making stock for the portfolio. QQQ was the most profitable stock for Richmond Brothers, Inc. last quarter.
Last Reported on: 12 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 3.45 | 24,018 | 5,595,900 | reduced | -13.47 | ||
| AMZN | amazon com inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| APLT | applied therapeutics inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AXNX | axonics inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BIL | spdr ser tr | 6.22 | 109,923 | 10,092,000 | new | |||
| BIV | vanguard bd index fds | 2.12 | 43,913 | 3,441,370 | new | |||
| BIV | vanguard bd index fds | 1.97 | 42,472 | 3,192,600 | new | |||
| DRRX | durect corp | 0.94 | 1,142,260 | 1,530,620 | added | 6.55 | ||
| EDV | vanguard world fd | 2.06 | 41,820 | 3,332,220 | new | |||
| EET | proshares tr | 0.39 | 8,654 | 627,319 | added | 17.37 | ||
| GOOG | alphabet inc | 0.19 | 1,871 | 312,812 | reduced | -5.7 | ||
| HRTX | heron therapeutics inc | 0.63 | 510,782 | 1,016,460 | added | 43.25 | ||
| IJR | ishares tr | 0.57 | 6,379 | 928,717 | reduced | -12.5 | ||
| IJR | ishares tr | 0.29 | 809 | 466,649 | reduced | -10.31 | ||
| MCD | mcdonalds corp | 0.13 | 689 | 209,711 | reduced | -27.32 | ||
| MDXG | mimedx group inc | 2.85 | 782,735 | 4,625,970 | reduced | -14.67 | ||
| MSFT | microsoft corp | 1.10 | 4,147 | 1,784,120 | reduced | -8.74 | ||
| OCUP | ocuphire pharma inc | 0.13 | 155,620 | 203,864 | reduced | -18.65 | ||
| ONCT | oncternal therapeutics inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| QQQ | invesco qqq tr | 23.14 | 76,907 | 37,535,800 | added | 98.71 | ||