Latest RED CEDAR INVESTMENT MANAGEMENT, LLC Stock Portfolio

RED CEDAR INVESTMENT MANAGEMENT, LLC Performance:

2024 Q3: 2.74%YTD: 8.6%2023: 9.25%

Performance for 2024 Q3 is 2.74%, and YTD is 8.6%, and 2023 is 9.25%.

About RED CEDAR INVESTMENT MANAGEMENT, LLC and 13F Hedge Fund Stock Holdings

RED CEDAR INVESTMENT MANAGEMENT, LLC is a hedge fund based in GRAND RAPIDS, MI. On 29-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $1.5 Billions. In it's latest 13F Holdings report, RED CEDAR INVESTMENT MANAGEMENT, LLC reported an equity portfolio of $788.4 Millions as of 30 Sep, 2024.

The top stock holdings of RED CEDAR INVESTMENT MANAGEMENT, LLC are BNDW, IJR, BNDW. The fund has invested 22.4% of it's portfolio in VANGUARD RUS 1000 ID ETF and 21% of portfolio in ISHARES:RUSS 1000 ETF.

The fund managers got completely rid off LAM RESEARCH ORD (LRCX), DOMINOS PIZZA ORD (DPZ) and CDW ORD (CDW) stocks. They significantly reduced their stock positions in VALERO ENERGY ORD (VLO), QUALCOMM ORD (QCOM) and ISHARES:CORE S&P 500 (IJR). RED CEDAR INVESTMENT MANAGEMENT, LLC opened new stock positions in NEWMONT ORD (NEM), TJX ORD (TJX) and REALTY INCOME REIT ORD (O). The fund showed a lot of confidence in some stocks as they added substantially to WEC ENERGY GROUP ORD (WEC), CINTAS ORD (CTAS) and FIDELITY NATIONAL INFORMATN SVCS ORD (FIS).

RED CEDAR INVESTMENT MANAGEMENT, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that RED CEDAR INVESTMENT MANAGEMENT, LLC made a return of 2.74% in the last quarter. In trailing 12 months, it's portfolio return was 14.17%.

New Buys

Ticker	$ Bought
newmont ord	1,262,860
tjx ord	1,260,850
realty income reit ord	1,243,600
wheaton precious metals ord	1,235,280
prologis reit	1,229,720
digital realty reit ord	1,218,420

New stocks bought by RED CEDAR INVESTMENT MANAGEMENT, LLC

Additions

Ticker	% Inc.
wec energy group ord	389
cintas ord	300
fidelity national informatn svcs ord	236
welltower ord	208
simon prop grp reit ord	153
american express ord	142
vici pptys ord	91.97
equinix reit ord	65.04

Additions to existing portfolio by RED CEDAR INVESTMENT MANAGEMENT, LLC

Reductions

Ticker	% Reduced
valero energy ord	-23.65
qualcomm ord	-23.2
ishares:core s&p 500	-8.78
schwab str:us lg cap etf	-4.46
spdr ptf st corp bond	-3.86
eli lilly ord	-1.01
ishares:russ 1000 etf	-0.63
vanguard rus 1000 id etf	-0.49

RED CEDAR INVESTMENT MANAGEMENT, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
lam research ord	-2,831,440
cdw ord	-415,447
dominos pizza ord	-679,490
illinois tool ord	-271,319

RED CEDAR INVESTMENT MANAGEMENT, LLC got rid off the above stocks

Sector Distribution

RED CEDAR INVESTMENT MANAGEMENT, LLC has about 76.6% of it's holdings in Others sector.

Sector	%
Others	76.6
Technology	6.2
Industrials	3.7
Healthcare	3.5
Financial Services	2.5
Real Estate	1.6
Consumer Defensive	1.4
Consumer Cyclical	1.3
Utilities	1.1

Market Cap. Distribution

RED CEDAR INVESTMENT MANAGEMENT, LLC has about 23.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	76.6
LARGE-CAP	12.9
MEGA-CAP	10.5

Stocks belong to which Index?

About 23.4% of the stocks held by RED CEDAR INVESTMENT MANAGEMENT, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	76.6
S&P 500	23.4

Top 5 Winners (%)		%
PSX	phillips 66 ord	57.6 %
SYK	stryker ord	53.8 %
LMT	lockheed martin ord	25.1 %
PH	parker hannifin ord	22.4 %
URI	united rental ord	19.7 %

Top 5 Winners ($)		$
IJR	ishares:russ 1000 etf	9.0 M
IJR	ishares:russ 2000 etf	3.1 M
SYK	stryker ord	1.3 M
PH	parker hannifin ord	1.3 M
MSI	motorola solutions ord	1.0 M

Top 5 Losers (%)		%
CTAS	cintas ord	-72.3 %
EQIX	equinix reit ord	-17.8 %
QCOM	qualcomm ord	-14.4 %
VLO	valero energy ord	-11.9 %
SPG	simon prop grp reit ord	-10.5 %

Top 5 Losers ($)		$
CTAS	cintas ord	-4.9 M
QCOM	qualcomm ord	-1.1 M
MSFT	microsoft ord	-0.5 M
VLO	valero energy ord	-0.4 M
MRK	merck & co ord	-0.4 M

RED CEDAR INVESTMENT MANAGEMENT, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of RED CEDAR INVESTMENT MANAGEMENT, LLC

RED CEDAR INVESTMENT MANAGEMENT, LLC has 77 stocks in it's portfolio. About 71.2% of the portfolio is in top 10 stocks. CTAS proved to be the most loss making stock for the portfolio. IJR was the most profitable stock for RED CEDAR INVESTMENT MANAGEMENT, LLC last quarter.

Last Reported on: 30 Oct, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple ord	0.35	11,921	2,777,590	unchanged	0.00

AAXJ	ishares:1-5 ig corp bd	0.13	19,907	1,048,300	unchanged	0.00

ABBV	abbvie ord	0.90	35,927	7,094,860	unchanged	0.00

ACN	accenture cl a ord	0.35	7,858	2,777,650	unchanged	0.00

ADI	analog devices ord	0.61	20,994	4,832,190	unchanged	0.00

AMP	ameriprise finance ord	0.63	10,522	4,943,340	unchanged	0.00

APD	air products and chemicals ord	0.17	4,426	1,317,800	unchanged	0.00

AVGO	broadcom ord	1.42	65,035	11,218,500	added	0.27

AXP	american express ord	0.23	6,836	1,853,920	added	142

BIL	spdr ptf st corp bond	3.43	893,256	27,047,800	reduced	-3.86

BIV	vanguard sh-tm b etf	0.10	10,560	830,966	unchanged	0.00

BNDW	vanguard rus 1000 id etf	22.40	678,856	176,550,000	reduced	-0.49

BNDW	vanguard rus 2000 id etf	5.24	461,917	41,276,900	reduced	-0.01

BNDW	vanguard rus 2000 vi etf	0.53	28,483	4,191,290	added	1.00

BNDW	vanguard rus 3000 id etf	0.53	16,404	4,161,200	unchanged	0.00

BNDW	vanguard st corp bd etf	0.14	13,399	1,064,150	unchanged	0.00

BOND	pimco etf:enh sm act etf	0.14	10,843	1,091,780	unchanged	0.00

CDW	cdw ord	0.00	0.00	0.00	sold off	-100

COST	costco wholesale ord	0.50	4,431	3,928,170	unchanged	0.00

CTAS	cintas ord	0.24	9,124	1,878,450	added	300