Redmond Asset Management 13F annual report
Redmond Asset Management is an investment fund managing more than $304 billion ran by Anita Lavin. There are currently 146 companies in Mrs. Lavin’s portfolio. The largest investments include XPO Inc and JPMorgan Chase & Co, together worth $19.2 billion.
$304 billion Assets Under Management (AUM)
As of 2nd August 2024, Redmond Asset Management’s top holding is 98,478 shares of XPO Inc currently worth over $10.5 billion and making up 3.4% of the portfolio value.
Relative to the number of outstanding shares of XPO Inc, Redmond Asset Management owns more than approximately 0.1% of the company.
In addition, the fund holds 43,084 shares of JPMorgan Chase & Co worth $8.71 billion, whose value fell 3.7% in the past six months.
The third-largest holding is Markel Inc worth $8.4 billion and the next is Schwab Charles Corp worth $7.86 billion, with 106,730 shares owned.
Currently, Redmond Asset Management's portfolio is worth at least $304 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 Redmond Asset Management
The Redmond Asset Management office and employees reside in Henrico, Virginia. According to the last 13-F report filed with the SEC, Anita Lavin serves as the Chief Compliance Officer at Redmond Asset Management.
Recent trades
In the most recent 13F filing, Redmond Asset Management revealed that it had opened a new position in
CME Inc and bought 7,890 shares worth $1.55 billion.
This means they effectively own approximately 0.1% of the company.
CME Inc makes up
3.8%
of the fund's Finance sector allocation and has decreased its share price by 0.7% in the past year.
The investment fund also strengthened its position in Texas Instrs Inc by buying
995 additional shares.
This makes their stake in Texas Instrs Inc total 26,530 shares worth $5.16 billion.
On the other hand, there are companies that Redmond Asset Management is getting rid of from its portfolio.
Redmond Asset Management closed its position in Atlantic Un Bankshares Corp on 9th August 2024.
It sold the previously owned 49,123 shares for $1.73 billion.
Anita Lavin also disclosed a decreased stake in XPO Inc by approximately 0.1%.
This leaves the value of the investment at $10.5 billion and 98,478 shares.
One of the smaller hedge funds
The two most similar investment funds to Redmond Asset Management are Semmax Advisors and O'brien Greene & Co. Inc. They manage $304 billion and $304 billion respectively.
Anita Lavin investment strategy
Redmond Asset Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Industrials — making up 17.9% of
the total portfolio value.
The fund focuses on investments in the United States as
62.3% 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
40% of the total holdings value.
On the other hand, small-cap stocks make up only 3.4% of the portfolio.
The average market cap of the portfolio companies is close to $132 billion.
The complete list of Redmond Asset Management trades based on 13F SEC filings
These positions were updated on August 9th 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 |
|---|---|---|---|
| XPO Inc |
0.79%
98,478
|
$10,453,440,000 | 3.44% |
| JPMorgan Chase & Co. |
7.76%
43,084
|
$8,714,076,000 | 2.87% |
| Markel Group Inc |
4.52%
5,329
|
$8,396,440,000 | 2.76% |
| Schwab Charles Corp |
3.38%
106,730
|
$7,864,956,000 | 2.59% |
| Watsco, Inc. |
4.01%
16,072
|
$7,445,362,000 | 2.45% |
| Alphabet Inc |
1.90%
54,672
|
$9,976,113,000 | 3.28% |
| Cogent Communications Hldgs |
0.48%
129,118
|
$7,287,403,000 | 2.40% |
| Fiserv, Inc. |
4.14%
46,770
|
$6,970,601,000 | 2.30% |
| Berkshire Hathaway Inc. |
2.10%
16,740
|
$6,809,832,000 | 2.24% |
| Napco Sec Technologies Inc |
7.22%
121,970
|
$6,336,342,000 | 2.09% |
| Amazon.com Inc. |
0.71%
28,242
|
$5,457,767,000 | 1.80% |
| Copart, Inc. |
3.93%
100,019
|
$5,417,029,000 | 1.78% |
| Texas Instrs Inc |
3.90%
26,530
|
$5,160,904,000 | 1.70% |
| Johnson & Johnson |
4.02%
35,111
|
$5,131,845,000 | 1.69% |
| Microsoft Corporation |
3.91%
10,935
|
$4,887,398,000 | 1.61% |
| Intuit Inc |
23.78%
7,357
|
$4,835,094,000 | 1.59% |
| Visa Inc |
5.73%
17,637
|
$4,629,183,000 | 1.52% |
| Insulet Corporation |
75.34%
21,769
|
$4,392,984,000 | 1.45% |
| Carmax Inc |
3.28%
54,950
|
$4,030,033,000 | 1.33% |
| Blackbaud Inc |
19.30%
51,504
|
$3,923,060,000 | 1.29% |
| Xylem Inc |
4.55%
27,843
|
$3,776,346,000 | 1.24% |
| Par Technology Corp. |
9.14%
76,347
|
$3,595,180,000 | 1.18% |
| Fastenal Co. |
0.08%
53,144
|
$3,339,594,000 | 1.10% |
| Tractor Supply Co. |
2.08%
11,984
|
$3,235,680,000 | 1.07% |
| Ecolab, Inc. |
1.97%
13,167
|
$3,133,794,000 | 1.03% |
| Chevron Corp. |
12.62%
19,489
|
$3,048,456,000 | 1.00% |
| Mastercard Incorporated |
3.91%
6,830
|
$3,013,123,000 | 0.99% |
| Unilever plc |
8.39%
53,523
|
$2,943,215,000 | 0.97% |
| Coherent Corp |
9.14%
39,473
|
$2,860,214,000 | 0.94% |
| Booking Holdings Inc |
3.06%
698
|
$2,765,127,000 | 0.91% |
| Dominion Energy Inc |
0.82%
56,287
|
$2,758,066,000 | 0.91% |
| J P Morgan Exchange Traded F |
3.71%
46,371
|
$2,628,305,000 | 0.87% |
| Kinder Morgan Inc |
15.85%
132,103
|
$2,624,888,000 | 0.86% |
| Pepsico Inc |
2.18%
15,733
|
$2,594,841,000 | 0.85% |
| Autodesk Inc. |
0.44%
10,457
|
$2,587,585,000 | 0.85% |
| Simon Ppty Group Inc New |
5.47%
16,669
|
$2,530,304,000 | 0.83% |
| Verisk Analytics Inc |
0.93%
9,264
|
$2,497,036,000 | 0.82% |
| Canadian Pacific Kansas City |
No change
31,153
|
$2,452,676,000 | 0.81% |
| BlackLine Inc |
8.54%
50,374
|
$2,440,620,000 | 0.80% |
| Digital Rlty Tr Inc |
9.87%
15,964
|
$2,427,360,000 | 0.80% |
| Knight-swift Transn Hldgs In |
7.78%
47,425
|
$2,367,465,000 | 0.78% |
| Global Med Reit Inc |
5.59%
259,852
|
$2,359,457,000 | 0.78% |
| Meta Platforms Inc |
0.35%
4,596
|
$2,317,395,000 | 0.76% |
| BrightView Holdings Inc |
9.86%
172,803
|
$2,298,280,000 | 0.76% |
| Hexcel Corp. |
5.35%
36,267
|
$2,264,874,000 | 0.75% |
| Energy Recovery Inc |
0.26%
170,104
|
$2,260,682,000 | 0.74% |
| Morningstar Inc |
8.34%
7,640
|
$2,260,294,000 | 0.74% |
| Azek Co Inc |
7.09%
53,321
|
$2,246,414,000 | 0.74% |
| United Parcel Service, Inc. |
6.17%
16,304
|
$2,231,162,000 | 0.73% |
| Cisco Sys Inc |
0.20%
45,531
|
$2,163,191,000 | 0.71% |
| Adeia Inc |
8.23%
191,623
|
$2,143,303,000 | 0.71% |
| Badger Meter Inc. |
1.33%
11,378
|
$2,120,290,000 | 0.70% |
| Intuitive Surgical Inc |
0.11%
4,749
|
$2,112,593,000 | 0.70% |
| Tyler Technologies, Inc. |
0.25%
4,086
|
$2,054,359,000 | 0.68% |
| Dow Inc |
30.64%
38,212
|
$2,027,157,000 | 0.67% |
| Nxp Semiconductors N V |
50.43%
7,457
|
$2,006,604,000 | 0.66% |
| Legacy Housing Corporation |
8.32%
86,798
|
$1,991,146,000 | 0.66% |
| T-Mobile US Inc |
2.36%
11,059
|
$1,948,375,000 | 0.64% |
| Apple Inc |
7.61%
9,206
|
$1,938,925,000 | 0.64% |
| Healthcare Svcs Group Inc |
3.34%
173,852
|
$1,839,350,000 | 0.61% |
| Broadcom Inc. |
18.58%
1,139
|
$1,829,371,000 | 0.60% |
| International Business Machs |
12.69%
10,363
|
$1,792,233,000 | 0.59% |
| Blackstone Inc |
4.74%
14,186
|
$1,756,227,000 | 0.58% |
| Atlantic Un Bankshares Corp |
Closed
49,123
|
$1,734,533,000 | |
| Danaher Corp. |
5.40%
6,732
|
$1,681,990,000 | 0.55% |
| Veralto Corp |
1.64%
17,207
|
$1,642,752,000 | 0.54% |
| Applied Matls Inc |
3.89%
6,891
|
$1,626,207,000 | 0.54% |
| Lockheed Martin Corp. |
32.14%
3,470
|
$1,620,929,000 | 0.53% |
| Salesforce Inc |
7.00%
6,149
|
$1,580,908,000 | 0.52% |
| CME Group Inc |
Opened
7,890
|
$1,551,174,000 | 0.51% |
| Trimas Corporation |
8.01%
59,703
|
$1,526,009,000 | 0.50% |
| Icon Plc |
No change
4,856
|
$1,522,210,000 | 0.50% |
| ServiceNow Inc |
5.06%
1,931
|
$1,519,060,000 | 0.50% |
| Us Bancorp Del |
1.14%
37,448
|
$1,486,686,000 | 0.49% |
| Boeing Co. |
4.15%
8,162
|
$1,485,566,000 | 0.49% |
| Verizon Communications Inc |
21.81%
35,988
|
$1,484,126,000 | 0.49% |
| Brookfield Infrastructure Corporation |
5.24%
43,421
|
$1,461,551,000 | 0.48% |
| Accenture Plc Ireland |
No change
4,697
|
$1,425,117,000 | 0.47% |
| Trupanion Inc |
0.23%
46,870
|
$1,377,978,000 | 0.45% |
| Crown Castle Inc |
9.68%
14,037
|
$1,371,436,000 | 0.45% |
| Silicon Laboratories Inc |
5.47%
12,382
|
$1,369,821,000 | 0.45% |
| RLI Corp. |
8.00%
9,312
|
$1,310,105,000 | 0.43% |
| Merck & Co Inc |
0.78%
10,389
|
$1,286,154,000 | 0.42% |
| Costar Group, Inc. |
8.38%
17,105
|
$1,268,165,000 | 0.42% |
| Medpace Holdings Inc |
1.41%
3,074
|
$1,266,027,000 | 0.42% |
| Paychex Inc. |
4.21%
10,502
|
$1,245,145,000 | 0.41% |
| Blackrock Inc. |
5.21%
1,555
|
$1,224,454,000 | 0.40% |
| Moodys Corp |
5.49%
2,841
|
$1,195,862,000 | 0.39% |
| 3M Co. |
26.78%
11,649
|
$1,190,378,000 | 0.39% |
| FormFactor Inc. |
No change
19,499
|
$1,180,274,000 | 0.39% |
| Willscot Mobil Mini Hldng Co |
4.19%
30,625
|
$1,152,725,000 | 0.38% |
| Franklin Elec Inc |
7.28%
11,833
|
$1,139,755,000 | 0.38% |
| Ambarella Inc |
191.02%
20,200
|
$1,089,790,000 | 0.36% |
| XPEL Inc |
7.21%
30,489
|
$1,084,189,000 | 0.36% |
| Procter And Gamble Co |
No change
6,541
|
$1,078,808,000 | 0.36% |
| Tesla Inc |
1.24%
5,322
|
$1,053,117,000 | 0.35% |
| SiteOne Landscape Supply Inc |
0.55%
7,984
|
$969,337,000 | 0.32% |
| Simulations Plus Inc. |
7.01%
19,770
|
$961,217,000 | 0.32% |
| NVR Inc. |
1.57%
125
|
$948,570,000 | 0.31% |
| Fortive Corp |
1.66%
12,758
|
$945,368,000 | 0.31% |
| Starbucks Corp. |
Opened
11,732
|
$913,336,000 | 0.30% |
| Cleveland-Cliffs Inc |
8.13%
58,270
|
$896,775,000 | 0.30% |
| Applied Digital Corp |
Closed
207,938
|
$889,975,000 | |
| Align Technology, Inc. |
0.14%
3,586
|
$865,768,000 | 0.29% |
| Bit Digital, Inc. |
7.79%
249,071
|
$792,046,000 | 0.26% |
| John Bean Technologies Corp |
6.10%
8,232
|
$781,793,000 | 0.26% |
| Exxon Mobil Corp. |
1.49%
6,752
|
$777,346,000 | 0.26% |
| Vanguard Intl Equity Index F |
10.09%
6,837
|
$770,051,000 | 0.25% |
| Becton Dickinson & Co. |
2.04%
3,222
|
$752,996,000 | 0.25% |
| Ishares Tr |
1.46%
1,322
|
$723,438,000 | 0.24% |
| Keysight Technologies Inc |
Closed
4,322
|
$675,874,000 | |
| Progyny Inc |
5.36%
22,520
|
$644,297,000 | 0.21% |
| Hagerty Inc |
8.48%
61,446
|
$639,038,000 | 0.21% |
| Ishares Tr |
Opened
11,650
|
$1,118,878,000 | 0.37% |
| Novo-nordisk A S |
No change
4,025
|
$574,500,000 | 0.19% |
| IDEAYA Biosciences, Inc. |
Closed
12,754
|
$559,646,000 | |
| Global Wtr Res Inc |
8.09%
45,088
|
$545,565,000 | 0.18% |
| Liveone Inc |
10.69%
337,051
|
$529,170,000 | 0.17% |
| Medtronic Plc |
0.78%
6,482
|
$510,198,000 | 0.17% |
| Watts Water Technologies, Inc. |
8.31%
2,760
|
$506,101,000 | 0.17% |
| Omnicell Com |
1.20%
17,752
|
$480,547,000 | 0.16% |
| Wisdomtree Tr |
1.60%
14,817
|
$694,764,000 | 0.23% |
| Vista Gold Corp. |
8.49%
957,293
|
$445,141,000 | 0.15% |
| Lowes Cos Inc |
1.77%
2,013
|
$443,786,000 | 0.15% |
| Church & Dwight Co., Inc. |
No change
4,181
|
$433,532,000 | 0.14% |
| Vanguard Tax-managed Fds |
12.93%
8,751
|
$432,461,000 | 0.14% |
| Annovis Bio, Inc. |
Closed
36,157
|
$430,268,000 | |
| Wrap Technologies Inc |
Closed
185,576
|
$419,402,000 | |
| Lear Corp. |
0.44%
3,659
|
$417,894,000 | 0.14% |
| Ares Capital Corp |
0.26%
19,445
|
$405,234,000 | 0.13% |
| Ameresco Inc. |
1.14%
13,681
|
$394,150,000 | 0.13% |
| Dyne Therapeutics, Inc. |
Closed
12,500
|
$354,875,000 | |
| Artesian Res Corp |
0.59%
9,932
|
$349,209,000 | 0.11% |
| Norwegian Cruise Line Hldg L |
Opened
18,343
|
$344,665,000 | 0.11% |
| Norfolk Southn Corp |
2.16%
1,561
|
$335,131,000 | 0.11% |
| Spdr S&p 500 Etf Tr |
Opened
586
|
$318,734,000 | 0.10% |
| Coca-Cola Co |
5.15%
4,877
|
$310,430,000 | 0.10% |
| Ppg Inds Inc |
No change
2,363
|
$297,458,000 | 0.10% |
| Intel Corp. |
2.26%
9,586
|
$296,878,000 | 0.10% |
| Vanguard Index Fds |
Opened
5,682
|
$1,227,756,000 | 0.40% |
| Mcdonalds Corp |
2.01%
1,117
|
$284,748,000 | 0.09% |
| Spdr Index Shs Fds |
25.93%
7,333
|
$276,234,000 | 0.09% |
| Pnc Finl Svcs Group Inc |
No change
1,756
|
$273,044,000 | 0.09% |
| Union Pac Corp |
No change
1,152
|
$260,652,000 | 0.09% |
| Royce Small Cap Trust Inc. |
No change
17,900
|
$259,013,000 | 0.09% |
| Emerson Elec Co |
No change
2,160
|
$237,919,000 | 0.08% |
| Vanguard Intl Equity Index F |
Opened
5,110
|
$223,596,000 | 0.07% |
| Zoetis Inc |
Opened
1,226
|
$212,539,000 | 0.07% |
| Invesco Exch Traded Fd Tr Ii |
Closed
4,156
|
$211,665,000 | |
| Aptargroup Inc. |
No change
1,493
|
$210,212,000 | 0.07% |
| Kornit Digital Ltd |
Closed
10,789
|
$195,497,000 | |
| Lantern Pharma Inc. |
2.04%
39,635
|
$185,095,000 | 0.06% |
| Ess Tech Inc |
0.40%
178,571
|
$146,053,000 | 0.05% |
| Briacell Therapeutics Corp |
13.32%
115,346
|
$131,494,000 | 0.04% |
| Inhibikase Therapeutics, Inc. |
Closed
19,560
|
$42,250,000 | |
| Rocky Mtn Chocolate Factory |
No change
11,035
|
$24,277,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 156 holdings | |||
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