SEC 13F Intelligence

Managers / Q4 2023 · view latest →

Redwood Investment Management, LLC

CIK 0001717479 · 4110 N. SCOTTSDALE RD., STE 125, SCOTTSDALE, AZ, 85251 · 3102728188

Reported Value
$1.1B
Q4 2023
Positions
338
Filings on Record
33
2019–present window
Filed
Feb 14, 2024
original filing

Summary

Redwood Investment Management, LLC reported $1.1B in U.S.-listed holdings across 338 positions for Q4 2023.

Its largest position, Two Rds Shared Tr Leadershares Eqt, represents 6.3% of the portfolio.

Compared with Q3 2023, the fund opened 80 new positions and exited 65.

Portfolio Metrics

Turnover
+25.9%
vs prior filed quarter
Top-10 Concentration
+35.1%
share of reported value
Largest Position
+6.3%
Two Rds Shared Tr Leadershares Eqt
New / Exited
80 / 65
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $234MQ1 ’19Q2 ’19: $358MQ3 ’19: $370MQ4 ’19: $404MQ1 ’20: $158MQ1 ’20Q2 ’20: $350MQ3 ’20: $403MQ4 ’20: $602MQ1 ’21: $527MQ1 ’21Q2 ’21: $612MQ3 ’21: $701MQ4 ’21: $763MQ1 ’22: $673MQ1 ’22Q2 ’22: $593MQ3 ’22: $476MQ4 ’22: $755MQ1 ’23: $930MQ1 ’23Q2 ’23: $969MQ3 ’23: $1.1BQ4 ’23: $1.1BQ1 ’24: $1.0BQ1 ’24Q2 ’24: $1.2BQ3 ’24: $1.1BQ4 ’24: $1.0BQ1 ’25: $922MQ1 ’25Q2 ’25: $943MQ3 ’25: $923MQ4 ’25: $890MQ1 ’26: $805MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 50.8%ETP: 42.7%Other: 5.1%REIT: 1.0%ADR: 0.3%Tracking Stk: 0.1%
  • Common Stock · 50.8% · $555M
  • ETP · 42.7% · $467M
  • Other · 5.1% · $56M
  • REIT · 1.0% · $11M
  • ADR · 0.3% · $4M
  • Tracking Stk · 0.1% · $631,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPYGSPDR SER TRNEW+276.9K276.9K+$18M$18M
SRESEMPRANEW+82.7K82.7K+$6M$6M
POSTPOST HOLDINGS INCNEW+68.7K68.7K+$6M$6M
DKSDICK'S SPORTING GOODS INCNEW+41.1K41.1K+$6M$6M
CNCCENTENE CORPNEW+63.9K63.9K+$5M$5M
NXSTNEXSTAR MEDIA GROUP INCNEW+29.8K29.8K+$5M$5M
ADTADT INCNEW+684.1K684.1K+$5M$5M
EBAYEBAY INCNEW+106.8K106.8K+$5M$5M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2023

337 positions (from 338 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TWO RDS SHARED TR LEADERSHARES EQTLEADERSHS EQT6.30%$69M2.21M
2TWO RDS SHARED TR LDRSHS ALPFACTLDRSHS ALPFACT6.16%$67M1.95M
3TWO RDS SHARED TR LEASERSHS ALPHAFLEADERSHS ALPHAF5.19%$57M1.65M
4TWO RDS SHARED TR LEADERSHS ACTIVILEADERSHS ACTIVI4.53%$50M1.48M
5SPDR S&P 600 SMALL CAP VALUES&P 600 SMCP GRW3.20%$35M420.0K
6SLYGSPDR S&P 600 SMALL CAP GROWThistory →S&P 600 SMCP GRW2.28%$25M298.6K
7TWO RDS SHARED TRUST LEADERSHARES DYNAMIC YIELD ETFLEADERSHARES DY2.14%$23M1.03M
8SPYGSPDR SER TRPRTFLO S&P500 GW · PORTFOLIO AGRGTE1.89%$21M379.9K
9VOOVANGUARD INDEX FUNDS S&P 500 ETF USDhistory →S&P 500 ETF SHS1.80%$20M45.1K
10VEAVANGUARD DEVELOPED MARKETS INDEX FUND ETFhistory →VAN FTSE DEV MKT1.66%$18M378.9K
11VOTVANGUARD MID-CAP GROWTH INDEX FUNDhistory →MCAP GR IDXVIP1.41%$15M70.0K
12AAPLAPPLE INChistory →COM1.22%$13M69.5K
13VWOVANGUARD FTSE EMERGING MARKEhistory →FTSE EMR MKT ETF1.21%$13M320.8K
14AGGISHARES CORE US AGGREGATE BOND ETFhistory →CORE US AGGBD ET1.02%$11M112.0K
15SPTLSPDR PORTFOLIO LONG TERM TREASURY ETFhistory →PORTFOLIO LN TSR0.91%$10M345.0K
16TLTISHARES 20 YEAR TREASURY BOND ETF20 YR TR BD ETF0.91%$10M101.7K
17IJRISHARES CORE S P SMALL CAP ETFCORE S&P SCP ETF0.84%$9M85.0K
18VBVANGUARD SMALL CAP INDEX FUND ETFSMALL CP ETF0.84%$9M42.8K
19CMCSACOMCAST CORPCL A0.79%$9M196.7K
20VANGUARD FTSE ALL WORLD EX US ETFFTSE SMCAP ETF0.75%$8M70.9K
21SCHCSCHWAB INTERNATIONAL SMALL CAP ETFINTL SCEQT ETF0.74%$8M233.0K
22GOOGLALPHABET INCCAP STK CL A0.65%$7M50.5K
23MSFTMICROSOFT CORPCOM0.64%$7M18.7K
24BMYBRISTOL-MYERS SQUIBB COCOM0.64%$7M135.6K
25MTGMGIC INVESTMENT CORPCOM0.60%$7M339.7K
26VLOVALERO ENERGY CORPCOM0.60%$7M50.3K
27EXPDEXPEDITORS INTL WASH INCCOM0.60%$7M51.2K
28MPCMARATHON PETROLEUM CORPCOM0.59%$7M43.6K
29DINOHF SINCLAIR CORPCOM0.59%$6M115.5K
30SRESEMPRACOM0.57%$6M82.7K
31HLTHILTON WORLDWIDE HOLDINGS INCOM0.56%$6M33.4K
32MARMARRIOTT INTERNATIONALCL A0.56%$6M26.9K
33SPBSPECTRUM BRANDS HOLDINGS INCCOM0.56%$6M76.1K
34HRBH&R BLOCK INCCOM0.55%$6M125.1K
35ARWARROW ELECTRONICS INCCOM0.55%$6M49.5K
36POSTPOST HOLDINGS INCCOM0.55%$6M68.7K
37VSTVISTRA CORPCOM0.55%$6M156.9K
38TDCTERADATA CORPCOM0.55%$6M138.9K
39DKSDICK'S SPORTING GOODS INCCOM0.55%$6M41.1K
40JNJJOHNSON & JOHNSONCOM0.52%$6M36.3K
41TNLTRAVEL LEISURE COCOM0.48%$5M129.9K
42PPCPILGRIM'S PRIDE CORPCOM0.47%$5M184.9K
43SPYMSPDR PORTFOLIO S&P 500 ETFPORTFOLIO S&P5000.46%$5M90.1K
44DEDEERE & COCOM0.45%$5M12.2K
45CNCCENTENE CORPCOM0.43%$5M63.9K
46NXSTNEXSTAR MEDIA GROUP INCCOM0.43%$5M29.8K
47ADTADT INCCOM0.43%$5M684.1K
48EBAYEBAY INCCOM0.43%$5M106.8K
49FOXFOX CORPCL B COM0.43%$5M168.3K
50LABORATORY CRP OF AMER HLDGSCOM NEW0.43%$5M20.5K
51DDDUPONT DE NEMOURS INCCOM0.42%$5M60.4K
52JEFJEFFERIES FINANCIAL GROUP INCOM0.42%$5M114.4K
53NATIONAL STORAGE AFFILIATESCOM SHS BEN IN0.42%$5M111.2K
54GDDYGODADDY IncCL A0.42%$5M43.4K
55NVDANVIDIA CORPCOM0.42%$5M9.2K
56EXMOCEXXON MOBIL CORPCOM0.38%$4M41.2K
57VVISA INCCOM0.32%$4M13.5K
58PDDPDD HOLDINGS INC A D RSPONSORED ADS0.32%$4M24.1K
59IVVISHARES CORE S&P 500 ETFCORE S&P500 ETF0.32%$3M7.3K
60PRAAPRA GROUP INCCOM0.30%$3M124.7K
61AQNALGONQUIN POWER & UTILITIESCOM0.30%$3M511.9K
62NWLNEWELL BRANDS INCCOM0.30%$3M372.7K
63IRWDIRONWOOD PHARMACEUTICALS INCCOM CL A0.30%$3M282.6K
64THSTREEHOUSE FOODS INCCOM0.30%$3M77.8K
65NSITINSIGHT ENTERPRISES INCCOM0.29%$3M18.2K
66BHCBAUSCH HEALTH COS INCCOM0.29%$3M401.5K
67QSRRESTAURANT BRANDS INTERNCOM0.29%$3M41.2K
68MDUMDU RESOURCES GROUP INCCOM0.29%$3M162.5K
69INVAINNOVIVA INCCOM0.29%$3M200.6K
70FRPTFRESHPET INCCOM0.29%$3M37.1K
71SWXSOUTHWEST GAS HOLDINGS INCCOM0.29%$3M50.8K
72BLMNBLOOMIN' BRANDS INCCOM0.29%$3M114.2K
73FTREFORTREA HOLDINGS INCCOMMON STOCK0.29%$3M92.0K
74HHHHOWARD HUGHES HOLDINGS INCCOM0.29%$3M37.5K
75IVZINVESCO LTDSHS0.29%$3M180.0K
76MRCYMERCURY SYSTEMS INCCOM0.29%$3M87.8K
77JANUS HENDERSON GROUP PLCORD SHS0.29%$3M106.5K
78DANDANA INCCOM0.29%$3M219.4K
79BBWIBATH & BODY WORKS INCCOM0.29%$3M74.1K
80CNDTCONDUENT INCCOM0.29%$3M869.3K
81CHKPCHECK POINT SOFTWARE TECH LTDORD0.27%$3M19.1K
82IBMINTL BUSINESS MACHINES CORPCOM0.25%$3M16.8K
83ABBVABBVIE INCCOM0.25%$3M17.3K
84AMZNAMAZON COM INCCOM0.24%$3M17.4K
85ISHARES TR CORE TOTAL USDCORE TOTAL USD0.24%$3M57.3K
86TSLATESLA INCCOM0.24%$3M10.7K
87HPQHP INCCOM0.24%$3M85.6K
88UNHUNITEDHEALTH GROUP INCCOM0.24%$3M4.9K
89WBAWALGREENS BOOTS ALLIANCE INCCOM0.24%$3M98.8K
90TAT&T INCCOM0.23%$3M150.5K
91FFORD MOTOR COCOM0.23%$2M204.6K
92BXPBOSTON PPTYS INCCOM0.22%$2M35.0K
93MMM3M COCOM0.22%$2M22.2K
94VZVERIZON COMMUNICATIONS INCCOM0.22%$2M64.2K
95CHRWC H ROBINSON WORLDWIDE INCCOM NEW0.22%$2M28.0K
96UPSUNITED PARCEL SERVICECL B0.22%$2M15.2K
97CMACOMERICA INCCOM0.22%$2M42.9K
98TXNTEXAS INSTRUMENTS INCCOM0.22%$2M14.0K
99VTRSVIATRIS INCCOM0.21%$2M217.1K
100PFEPFIZER INCCOM0.21%$2M81.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$805M265Jun 24, 2026RESTATEMENTchanges · EDGAR ↗
Q4 2025$890M331Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$923M281Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$943M286Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$922M286May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.0B316Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.1B312Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.2B327Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.0B310May 16, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.1B338Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.1B323Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$969M223Aug 15, 202313F-HRchanges · EDGAR ↗
Q1 2023$930M229May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$755M244Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$476M199Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$593M233Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$673M272May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$763M245Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$701M262Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$612M250Aug 18, 2021RESTATEMENTchanges · EDGAR ↗
Q1 2021$527M244May 18, 2021RESTATEMENTchanges · EDGAR ↗
Q4 2020$602M243Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$403M237Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$350M219Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$158M151May 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$404M227Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$370M229Nov 18, 201913F-HRchanges · EDGAR ↗
Q2 2019$358M233Aug 15, 2019RESTATEMENTchanges · EDGAR ↗
Q1 2019$234M152May 16, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.