Latest Red Wave Investments LLC Stock Portfolio
Red Wave Investments LLC Performance:
2024 Q3: 1.24%YTD: 5.77%2023: 7.14%
Performance for 2024 Q3 is 1.24%, and YTD is 5.77%, and 2023 is 7.14%.
About Red Wave Investments LLC and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Red Wave Investments LLC reported an equity portfolio of $286.8 Millions as of 30 Sep, 2024.
The top stock holdings of Red Wave Investments LLC are VB, VUSB, QQQ. The fund has invested 15% of it's portfolio in VANGUARD INDEX FDS and 9.8% of portfolio in VANGUARD BD INDEX FDS.
The fund managers got completely rid off ISHARES TR (AAXJ), CHEVRON CORP NEW (CVX) and CALIDI BIOTHERAPEUTICS INC (FLAG) stocks. They significantly reduced their stock positions in INVESCO EXCH TRADED FD TR II (CGW), ISHARES TR (IJR) and DIMENSIONAL ETF TRUST (DFAC). Red Wave Investments LLC opened new stock positions in SNOWFLAKE INC (SNOW), THERMO FISHER SCIENTIFIC INC (TMO) and NIKE INC (NKE). The fund showed a lot of confidence in some stocks as they added substantially to VANGUARD BD INDEX FDS (VUSB), PNC FINL SVCS GROUP INC (PNC) and MCDONALDS CORP (MCD).
The top stock holdings of Red Wave Investments LLC are VB, VUSB, QQQ. The fund has invested 15% of it's portfolio in VANGUARD INDEX FDS and 9.8% of portfolio in VANGUARD BD INDEX FDS.
The fund managers got completely rid off ISHARES TR (AAXJ), CHEVRON CORP NEW (CVX) and CALIDI BIOTHERAPEUTICS INC (FLAG) stocks. They significantly reduced their stock positions in INVESCO EXCH TRADED FD TR II (CGW), ISHARES TR (IJR) and DIMENSIONAL ETF TRUST (DFAC). Red Wave Investments LLC opened new stock positions in SNOWFLAKE INC (SNOW), THERMO FISHER SCIENTIFIC INC (TMO) and NIKE INC (NKE). The fund showed a lot of confidence in some stocks as they added substantially to VANGUARD BD INDEX FDS (VUSB), PNC FINL SVCS GROUP INC (PNC) and MCDONALDS CORP (MCD).
Red Wave Investments LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Red Wave Investments LLC made a return of 1.24% in the last quarter. In trailing 12 months, it's portfolio return was 8.9%.
New Buys
| Ticker | $ Bought |
|---|---|
| snowflake inc | 434,171 |
| thermo fisher scientific inc | 220,980 |
| nike inc | 215,431 |
| group 1 automotive inc | 208,757 |
| illinois tool wks inc | 208,084 |
| union pac corp | 205,811 |
| taylor morrison home corp | 205,721 |
| tjx cos inc new | 203,932 |
New stocks bought by Red Wave Investments LLC
Additions
| Ticker | % Inc. |
|---|---|
| vanguard bd index fds | 22.63 |
| pnc finl svcs group inc | 3.14 |
| mcdonalds corp | 2.83 |
| spdr s&p 500 etf tr | 2.74 |
| southern co | 2.53 |
| starbucks corp | 2.15 |
| csx corp | 1.83 |
| coca cola co | 1.51 |
Additions to existing portfolio by Red Wave Investments LLC
Reductions
| Ticker | % Reduced |
|---|---|
| invesco exch traded fd tr ii | -14.55 |
| ishares tr | -8.48 |
| ishares tr | -8.43 |
| dimensional etf trust | -7.8 |
| spdr ser tr | -7.23 |
| vanguard bd index fds | -7.14 |
| spdr index shs fds | -7.08 |
| ishares u s etf tr | -6.76 |
Red Wave Investments LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| calidi biotherapeutics inc | -124,920 |
| ishares tr | -222,263 |
| chevron corp new | -205,849 |
Red Wave Investments LLC got rid off the above stocks
Sector Distribution
Red Wave Investments LLC has about 82.7% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 82.7 |
| Technology | 6.9 |
| Consumer Cyclical | 2.9 |
| Consumer Defensive | 1.7 |
| Financial Services | 1.6 |
| Healthcare | 1.5 |
| Communication Services | 1.2 |
Market Cap. Distribution
Red Wave Investments LLC has about 17% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 82.7 |
| MEGA-CAP | 13.4 |
| LARGE-CAP | 3.6 |
Stocks belong to which Index?
About 16.7% of the stocks held by Red Wave Investments LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 83 |
| S&P 500 | 16.7 |
Red Wave Investments LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Red Wave Investments LLC
Red Wave Investments LLC has 110 stocks in it's portfolio. About 57.8% of the portfolio is in top 10 stocks. MSFT proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for Red Wave Investments LLC last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 1.99 | 24,521 | 5,713,500 | added | 0.27 | ||
| AAXJ | ishares tr | 0.12 | 4,355 | 349,707 | reduced | -2.24 | ||
| AAXJ | ishares tr | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ABBV | abbvie inc | 0.20 | 2,980 | 588,490 | reduced | -0.47 | ||
| ABT | abbott labs | 0.09 | 2,354 | 268,380 | unchanged | 0.00 | ||
| ACN | accenture plc ireland | 0.18 | 1,446 | 511,238 | reduced | -0.21 | ||
| ACWF | ishares tr | 0.24 | 13,832 | 701,836 | reduced | -2.78 | ||
| ADBE | adobe inc | 0.17 | 969 | 501,729 | reduced | -1.02 | ||
| AGT | ishares tr | 1.95 | 78,960 | 5,592,740 | reduced | -1.98 | ||
| AGT | ishares tr | 0.65 | 63,191 | 1,866,030 | reduced | -0.96 | ||
| ALTS | proshares tr | 0.14 | 5,075 | 390,877 | unchanged | 0.00 | ||
| AMAT | applied matls inc | 0.09 | 1,274 | 257,412 | reduced | -1.32 | ||
| AMD | advanced micro devices inc | 0.17 | 2,961 | 485,841 | unchanged | 0.00 | ||
| AMGN | amgen inc | 0.07 | 645 | 207,825 | unchanged | 0.00 | ||
| AMZN | amazon com inc | 0.90 | 13,876 | 2,585,520 | added | 0.25 | ||
| ANF | abercrombie & fitch co | 0.09 | 1,761 | 246,364 | unchanged | 0.00 | ||
| AVGO | broadcom inc | 0.28 | 4,701 | 810,923 | reduced | -5.6 | ||
| BAC | bank america corp | 0.14 | 9,991 | 396,443 | unchanged | 0.00 | ||
| BIL | spdr ser tr | 0.92 | 27,006 | 2,640,920 | reduced | -7.23 | ||
| BIV | vanguard bd index fds | 1.47 | 53,629 | 4,202,900 | reduced | -4.66 | ||