Managers / Q2 2024 · view latest →
RED CEDAR INVESTMENT MANAGEMENT, LLC
CIK 0001734398 · 333 BRIDGE ST. NW, SUITE 601, GRAND RAPIDS, MI, 49504 · 616-378-6894
Reported Value
$733M
Q2 2024
Positions
77
Filings on Record
30
2019–present window
Filed
Jul 25, 2024
original filing
Summary
Red Cedar Investment Management, LLC reported $733M in U.S.-listed holdings across 77 positions for Q2 2024.
The portfolio is heavily concentrated: Vanguard Rus 1000 Id Etf alone accounts for 22.9% of reported value.
Compared with Q1 2024, the fund opened 4 new positions and exited 11.
Portfolio Metrics
Turnover
+2.2%
vs prior filed quarter
Top-10 Concentration
+72.9%
share of reported value
Largest Position
+22.9%
Vanguard Rus 1000 Id Etf
New / Exited
4 / 11
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. 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
Portfolio Composition
By security type
- ETP · 78.0% · $572M
- Common Stock · 20.1% · $148M
- Other · 1.3% · $9M
- REIT · 0.6% · $4M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| NEENEXTERA ENERGY ORD | NEW | +21.6K | 21.6K | +$2M | $2M |
| FISFIDELITY NATIONAL INFORMATN SVCS ORD | NEW | +10.2K | 10.2K | +$770,933 | $770,933 |
| DPZDOMINOS PIZZA ORD | NEW | +1.3K | 1.3K | +$679,490 | $679,490 |
| AXPAMERICAN EXPRESS ORD | NEW | +2.8K | 2.8K | +$651,582 | $651,582 |
| EMNEASTMAN CHEMICAL ORD | ADDED | +7.8K | 13.4K | +$755,376 | $1M |
| WMWASTE MANAGEMENT ORD | ADDED | +3.2K | 5.6K | +$678,036 | $1M |
| VANGUARD RUS 1000 VI ETF | SOLD OUT | −74.2K | 0 | −$6M | $0 |
| VANGUARD RUS 1000 GI ETF | SOLD OUT | −39.7K | 0 | −$3M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2024
49 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | VANGUARD RUS 1000 ID ETF | VNG RUS1000IDX | 22.89% | $168M | 682.2K |
| 2 | ISHARES:RUSS 1000 ETF | RUS 1000 ETF | 21.53% | $158M | 530.8K |
| 3 | VANGUARD RUS 2000 ID ETF | VNG RUS2000IDX | 5.16% | $38M | 462.0K |
| 4 | ISHARES:RUSS 2000 ETF | RUSSELL 2000 ETF | 4.84% | $36M | 175.0K |
| 5 | ISHARES:MSCI JAPAN | MSCI JPN ETF NEW | 4.48% | $33M | 481.7K |
| 6 | SPDR PTF ST CORP BOND | PORTFOLIO SHORT | 3.76% | $28M | 929.1K |
| 7 | SCHWAB STR:US LG CAP ETF | US LRG CAP ETF | 2.88% | $21M | 328.3K |
| 8 | ISHARES:CORE MSCI EMMKTS | CORE MSCI EMKT | 2.85% | $21M | 390.9K |
| 9 | SCHWAB STR:INTL EQTY ETF | INTL EQTY ETF | 2.75% | $20M | 525.1K |
| 10 | MSFTMICROSOFT ORDhistory → | COM | 1.75% | $13M | 28.6K |
| 11 | AVGOBROADCOM ORDhistory → | COM | 1.42% | $10M | 6.5K |
| 12 | LLYELI LILLY ORDhistory → | COM | 1.31% | $10M | 10.6K |
| 13 | ISHARES:CORE S&P 500 | CORE S&P500 ETF | 1.24% | $9M | 16.6K |
| 14 | VANGUARD 500 IDX ETF | S&P 500 ETF SHS | 1.13% | $8M | 16.5K |
| 15 | SPDR S&P 500 | TR UNIT | 1.06% | $8M | 14.3K |
| 16 | QCOMQUALCOMM ORDhistory → | COM | 1.01% | $7M | 37.0K |
| 17 | EATON ORD | SHS | 0.95% | $7M | 22.3K |
| 18 | ABBVABBVIE ORD | COM | 0.84% | $6M | 35.9K |
| 19 | MSIMOTOROLA SOLUTIONS ORD | COM NEW | 0.83% | $6M | 15.8K |
| 20 | JPMJPMORGAN CHASE ORD | COM | 0.78% | $6M | 28.3K |
| 21 | ADIANALOG DEVICES ORD | COM | 0.65% | $5M | 21.0K |
| 22 | MRKMERCK & CO ORD | COM | 0.65% | $5M | 38.6K |
| 23 | PHPARKER HANNIFIN ORD | COM | 0.64% | $5M | 9.2K |
| 24 | GSGISHARES:S&P GSCI CMDTY | UNIT BEN INT | 0.62% | $5M | 205.1K |
| 25 | A4SAMERIPRISE FINANCE ORD | COM | 0.61% | $4M | 10.5K |
| 26 | METAMETA PLATFORMS CL A ORD | CL A | 0.57% | $4M | 8.3K |
| 27 | ISHARES:RUSS 1000 GR | RUS 1000 GRW ETF | 0.56% | $4M | 11.3K |
| 28 | HDHOME DEPOT ORD | COM | 0.54% | $4M | 11.6K |
| 29 | ISHARES:CORE US AGG BD | CORE US AGGBD ET | 0.54% | $4M | 40.8K |
| 30 | VANGUARD RUS 3000 ID ETF | VNG RUS3000IDX | 0.54% | $4M | 16.4K |
| 31 | VANGUARD RUS 2000 VI ETF | VNG RUS2000VAL | 0.52% | $4M | 28.2K |
| 32 | COSTCOSTCO WHOLESALE ORD | COM | 0.51% | $4M | 4.4K |
| 33 | MRSHMARSH & MCLENNAN ORD | COM | 0.50% | $4M | 17.5K |
| 34 | MCDMCDONALD'S ORD | COM | 0.49% | $4M | 14.2K |
| 35 | SOSOUTHERN ORD | COM | 0.47% | $3M | 44.9K |
| 36 | VLOVALERO ENERGY ORD | COM | 0.46% | $3M | 21.5K |
| 37 | CHVCHEVRON ORD | COM | 0.46% | $3M | 21.5K |
| 38 | LRCXEURLAM RESEARCH ORD | COM | 0.39% | $3M | 2.7K |
| 39 | UNHUNITEDHEALTH GRP ORD | COM | 0.36% | $3M | 5.2K |
| 40 | PAYXPAYCHEX ORD | COM | 0.35% | $3M | 21.6K |
| 41 | AAPLAPPLE ORD | COM | 0.34% | $3M | 11.9K |
| 42 | ACCENTURE CL A ORD | SHS CLASS A | 0.33% | $2M | 7.9K |
| 43 | SYKSTRYKER ORD | COM | 0.32% | $2M | 6.9K |
| 44 | GDGENERAL DYNAMICS ORD | COM | 0.32% | $2M | 8.1K |
| 45 | PGPROCTER & GAMBLE ORD | COM | 0.26% | $2M | 11.7K |
| 46 | VVISA CL A ORD | COM CL A | 0.26% | $2M | 7.2K |
| 47 | PEPPEPSICO ORD | COM | 0.26% | $2M | 11.4K |
| 48 | MDLZMONDELEZ INTERNATIONAL CL A ORD | CL A | 0.25% | $2M | 28.3K |
| 49 | PSXPHILLIPS 66 ORD | COM | 0.22% | $2M | 11.6K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $965M | 92 | Apr 30, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $926M | 86 | Feb 11, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $853M | 82 | Oct 31, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $792M | 81 | Aug 8, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $723M | 80 | Apr 25, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $796M | 76 | Jan 30, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $788M | 78 | Oct 30, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $733M | 77 | Jul 25, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $801M | 83 | Apr 19, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $694M | 74 | Feb 6, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $654M | 75 | Oct 30, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $657M | 83 | Jul 26, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $647M | 78 | Apr 26, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $634M | 85 | Jan 26, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $585M | 85 | Oct 27, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $611M | 88 | Aug 4, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $717M | 91 | May 13, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $835M | 93 | Feb 8, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $766M | 95 | Nov 3, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $753M | 78 | Aug 2, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $773M | 80 | May 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $669M | 87 | Feb 10, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $547M | 72 | Nov 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $427M | 81 | Aug 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $233M | 32 | May 8, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $376M | 26 | Feb 10, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $317M | 24 | Nov 8, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $273M | 24 | Aug 5, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $291M | 27 | Apr 18, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $289M | 27 | Jan 31, 2019 | 13F-HR | changes · 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 ↗.