Rain Capital Management 13F annual report
Rain Capital Management is an investment fund managing more than $142 billion ran by David Reichle. There are currently 49 companies in Mr. Reichle’s portfolio. The largest investments include Ishares Tr and Vanguard Index Fds, together worth $91.7 billion.
$142 billion Assets Under Management (AUM)
As of 7th August 2024, Rain Capital Management’s top holding is 451,512 shares of Ishares Tr currently worth over $66.6 billion and making up 47.0% of the portfolio value.
In addition, the fund holds 97,068 shares of Vanguard Index Fds worth $25.1 billion.
The third-largest holding is Vanguard Intl Equity Index F worth $9.69 billion and the next is Vanguard Scottsdale Fds worth $6.55 billion, with 101,149 shares owned.
Currently, Rain Capital Management's portfolio is worth at least $142 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Rain Capital Management
The Rain Capital Management office and employees reside in Lake Oswego, Oregon. According to the last 13-F report filed with the SEC, David Reichle serves as the MANAGING DIRECTOR at Rain Capital Management.
Recent trades
In the most recent 13F filing, Rain Capital Management revealed that it had opened a new position in
NextEra Inc and bought 2,753 shares worth $220 million.
This means they effectively own approximately 0.1% of the company.
NextEra Inc makes up
100.0%
of the fund's Utilities sector allocation and has grown its share price by 13.9% in the past year.
The investment fund also strengthened its position in Vanguard Index Fds by buying
4,916 additional shares.
This makes their stake in Vanguard Index Fds total 97,068 shares worth $25.1 billion.
On the other hand, there are companies that Rain Capital Management is getting rid of from its portfolio.
Rain Capital Management closed its position in International Business Machs on 14th August 2024.
It sold the previously owned 1,190 shares for $227 million.
David Reichle also disclosed a decreased stake in Ishares Tr by approximately 0.1%.
This leaves the value of the investment at $66.6 billion and 451,512 shares.
One of the smallest hedge funds
The two most similar investment funds to Rain Capital Management are True Vision Mn and Chris Bulman Inc. They manage $142 billion and $142 billion respectively.
David Reichle investment strategy
Rain Capital Management’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Technology — making up 3.0% of
the total portfolio value.
The fund focuses on investments in the United States as
22.4% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
22% of the total holdings value.
On the other hand, small-cap stocks make up only 4.1% of the portfolio.
The average market cap of the portfolio companies is close to $534 billion.
The complete list of Rain Capital Management trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Ishares Tr |
2.90%
451,512
|
$66,641,558,000 | 47.03% |
| Vanguard Index Fds |
5.33%
97,068
|
$25,086,503,000 | 17.71% |
| Vanguard Intl Equity Index F |
2.24%
87,154
|
$9,691,902,000 | 6.84% |
| Vanguard Scottsdale Fds |
55.62%
101,149
|
$6,549,281,000 | 4.62% |
| Pimco Etf Tr |
1.25%
52,223
|
$5,216,468,000 | 3.68% |
| Apple Inc |
0.46%
16,218
|
$3,117,940,000 | 2.20% |
| Vanguard Mun Bd Fds |
0.52%
61,908
|
$3,078,044,000 | 2.17% |
| Dimensional Etf Trust |
No change
52,788
|
$3,020,530,000 | 2.13% |
| Microsoft Corporation |
0.81%
6,224
|
$2,583,770,000 | 1.82% |
| J P Morgan Exchange Traded F |
3.69%
59,214
|
$3,307,536,000 | 2.33% |
| T Rowe Price Etf Inc |
21.12%
58,822
|
$1,790,547,000 | 1.26% |
| VanEck ETF Trust |
No change
11,276
|
$976,840,000 | 0.69% |
| Spdr Sp 500 Etf Tr |
0.30%
1,353
|
$713,702,000 | 0.50% |
| Amazon.com Inc. |
0.08%
3,675
|
$648,417,000 | 0.46% |
| NVIDIA Corp |
4.42%
591
|
$647,932,000 | 0.46% |
| Edwards Lifesciences Corp |
0.01%
7,150
|
$621,264,000 | 0.44% |
| Merck Co Inc |
0.21%
4,703
|
$590,441,000 | 0.42% |
| Schwab Strategic Tr |
No change
6,831
|
$536,703,000 | 0.38% |
| Vanguard Bd Index Fds |
2.63%
7,411
|
$530,947,000 | 0.37% |
| Pepsico Inc |
0.63%
2,715
|
$469,408,000 | 0.33% |
| Ishares Inc |
No change
4,438
|
$595,468,000 | 0.42% |
| Flexshares Tr |
17.75%
14,739
|
$673,933,000 | 0.48% |
| Procter And Gamble Co |
0.24%
2,460
|
$404,776,000 | 0.29% |
| General Mls Inc |
0.94%
5,034
|
$346,099,000 | 0.24% |
| Alphabet Inc |
24.98%
1,901
|
$327,923,000 | 0.23% |
| Exxon Mobil Corp. |
10.45%
2,747
|
$322,147,000 | 0.23% |
| Jpmorgan Chase Co |
0.91%
1,547
|
$313,415,000 | 0.22% |
| Meta Platforms Inc |
1.41%
630
|
$294,103,000 | 0.21% |
| Block H R Inc |
0.48%
5,707
|
$283,319,000 | 0.20% |
| Johnson Johnson |
2.48%
1,929
|
$282,911,000 | 0.20% |
| Costco Whsl Corp New |
0.29%
338
|
$273,626,000 | 0.19% |
| Bank America Corp |
0.45%
6,437
|
$257,434,000 | 0.18% |
| International Business Machs |
Closed
1,190
|
$227,167,000 | |
| Advanced Micro Devices Inc. |
0.74%
1,344
|
$224,314,000 | 0.16% |
| NextEra Energy Inc |
Opened
2,753
|
$220,266,000 | 0.16% |
| Intel Corp. |
1.26%
6,512
|
$200,905,000 | 0.14% |
| EA Series Trust |
No change
6,106
|
$188,805,000 | 0.13% |
| Spdr Gold Tr |
No change
671
|
$144,467,000 | 0.10% |
| Vanguard Tax-managed Fds |
No change
2,273
|
$115,279,000 | 0.08% |
| Vanguard World Fd |
0.25%
1,186
|
$101,672,000 | 0.07% |
| Invesco Exchange Traded Fd T |
No change
1,800
|
$62,090,000 | 0.04% |
| Spdr Ser Tr |
0.67%
1,194
|
$59,306,000 | 0.04% |
| Sp Global Inc |
0.97%
102
|
$43,607,000 | 0.03% |
| Select Sector Spdr Tr |
No change
206
|
$43,203,000 | 0.03% |
| Vanguard Specialized Funds |
No change
162
|
$29,253,000 | 0.02% |
| Ishares Silver Tr |
No change
1,000
|
$27,760,000 | 0.02% |
| Invesco Exch Traded Fd Tr Ii |
Opened
138
|
$25,651,000 | 0.02% |
| Ishares Tr |
Closed
650
|
$23,945,000 | |
| Wisdomtree Tr |
No change
121
|
$5,988,000 | 0.00% |
| Ishares Gold Tr |
No change
25
|
$1,100,000 | 0.00% |
| Ark Etf Tr |
No change
10
|
$428,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 51 holdings | |||
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