Red Cedar Investment Management, LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 19, 2024), Red Cedar Investment Management, LLC reported 83 stock positions worth $801.4 million. Its top holding was Vanguard Russell 1000 (VONE) at 22.0% of the portfolio, followed by iShares Russell 1000 ETF (IWB, 20.9%) and Vanguard Russell 2000 ETF (VTWO, 4.8%). Compared with Q4 2023, it opened 11 new positions, sold out of 2, added to 24 and reduced 14. The biggest buy was iShares Russell 2000 ETF (IWM, shares +35%) and the biggest sale iShares S&P Gsci Commodity I (GSG, shares −65%).

Most Recent 13F
Q2 2026
Location
GRAND RAPIDS, MI
CIK
0001734398
Portfolio Value
$801.4M (Q1 2024)
SEC Filing
0001734398-24-000002 ↗ filed Apr 19, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $801.4M $801.4M Q1 2024 Q2 2024: $733.4M Q2 2024 Q3 2024: $788.4M Q3 2024 Q4 2024: $795.9M Q4 2024 Q1 2025: $722.8M Q1 2025 Q2 2025: $792.1M Q2 2025 Q3 2025: $853.1M Q3 2025 Q4 2025: $925.7M Q4 2025 Q1 2026: $964.5M Q1 2026 Q2 2026: $1.1B Q2 2026

Holdings 83 stocks · $801.4M
VONE Vanguard Russell 1000 21.98% 739,201 $176.2M Add +0.8%
IWB iShares Russell 1000 ETF 20.94% 582,727 $167.8M Add +1.0%
VTWO Vanguard Russell 2000 ETF 4.83% 455,224 $38.7M Add +27.2%
IWM iShares Russell 2000 ETF 4.51% 171,794 $36.1M Add +34.8%
EWJ iShares MSCI Japan ETF 4.28% 481,270 $34.3M No change
SPSB SS SPDR P St C Corp. ETF 4.03% 1,084,357 $32.3M Reduce -5.8%
SCHX Schwab US Large-Cap ETF 3.03% 391,626 $24.3M Add +22.5%
SCHF Schwab Intl Equity ETF 2.56% 525,097 $20.5M No change
IEMG iShares Core MSCI Emerging 2.50% 388,031 $20.0M No change
MSFT Microsoft Corp. 1.50% 28,645 $12.1M No change
AVGO Broadcom Inc. 1.40% 8,440 $11.2M Add +16.8%
VOO Vanguard S&P 500 ETF 1.25% 20,759 $10.0M Add +70.9%
ETN Eaton Corp. PLC 1.15% 29,599 $9.3M Add +19.5%
LLY Eli Lilly & Co. 1.12% 11,549 $9.0M Reduce -1.1%
IVV iShares Core S&P 500 ETF 1.09% 16,587 $8.7M Add +5.4%
SPY SS SPDR S&P 500 ETF Trust-US 1.07% 16,414 $8.6M Add +11.5%
IWF iShares Russell 1000 Growth 1.04% 24,652 $8.3M Reduce -3.4%
PH Parker Hannifin Corp. 0.83% 11,901 $6.6M Add +26.3%
ABBV Abbvie Inc. 0.82% 35,927 $6.5M Add +9.2%
VONV Vanguard Russell 1000 Value 0.73% 74,240 $5.8M Reduce -2.2%
MSI Motorola Solutions Inc. 0.70% 15,775 $5.6M No change
VTWV Vanguard Russell 2000 Value 0.66% 37,624 $5.3M Reduce -1.7%
JPM JPMorgan Chase & Co. 0.61% 24,379 $4.9M No change
MCD McDonald's Corp. 0.59% 16,781 $4.7M No change
QCOM Qualcomm Inc. 0.58% 27,501 $4.7M Add +132.3%
AMP Ameriprise Financial Inc. 0.58% 10,522 $4.6M No change
GSG iShares S&P Gsci Commodity I 0.56% 205,068 $4.5M Reduce -64.6%
HD Home Depot Inc. 0.56% 11,610 $4.5M No change
VTHR Vanguard Russell 3000 0.55% 19,071 $4.4M Add +4.6%
MRSH Marsh & McLennan Cos 0.55% 21,258 $4.4M No change
MRK Merck & Co. Inc. 0.54% 32,761 $4.3M Add +4.9%
SYK Stryker Corp. 0.53% 11,900 $4.3M Add +158.1%
META Meta Platforms Inc. Class A 0.50% 8,301 $4.0M New
AGG iShares Core U.S. Aggregate 0.50% 40,848 $4.0M No change
PSX Phillips 66 0.49% 23,872 $3.9M Add +220.5%
ACN Accenture PLC Class A 0.47% 10,853 $3.8M No change
VLO Valero Energy Corp. 0.46% 21,466 $3.7M No change
VONG Vanguard Russell 1000 Growth 0.43% 39,743 $3.4M No change
PAYX Paychex Inc. 0.43% 27,976 $3.4M No change
CVX Chevron Corp. 0.42% 21,498 $3.4M Reduce -17.1%
SO The Southern Co. 0.40% 44,897 $3.2M No change
EQIX Equinix Inc. 0.38% 3,728 $3.1M Add +85.8%
ADI Analog Devices Inc. 0.37% 15,096 $3.0M No change
SPG Simon Property Group Inc. 0.36% 18,664 $2.9M Add +158.0%
CDW CDW Corp. 0.35% 11,113 $2.8M No change
MDLZ Mondelez International Inc. Class A 0.35% 39,815 $2.8M No change
V Visa Inc. Class A 0.34% 9,724 $2.7M No change
COST Costco Wholesale Corp. 0.33% 3,617 $2.6M Add +104.5%
LRCX Lam Research Corp. 0.32% 2,659 $2.6M Add +226.3%
PLD Prologis Inc. 0.32% 19,743 $2.6M Add +141.4%
UNH Unitedhealth Group Inc. 0.32% 5,195 $2.6M Reduce -21.0%
URI United Rentals Inc. 0.32% 3,553 $2.6M New
GD General Dynamics Corp. 0.28% 8,076 $2.3M No change
AAPL Apple Inc. 0.26% 11,921 $2.0M Reduce -55.6%
PEP Pepsico Inc. 0.25% 11,400 $2.0M Reduce -41.4%
PG The Procter & Gamble Co. 0.24% 11,734 $1.9M No change
OXY Occidental Petroleum Corp. 0.22% 27,019 $1.8M New
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.22% 58,606 $1.7M No change
CTAS Cintas Corp. 0.20% 2,281 $1.6M No change
LMT Lockheed Martin Corp. 0.19% 3,341 $1.5M No change
DLR Digital Realty Trust Inc. 0.18% 9,983 $1.4M New
FPE FT-Preferred Secur & Inc. ETF 0.17% 77,575 $1.3M No change
BHP BHP Group Ltd.-Spon ADR 0.16% 22,258 $1.3M New
O Realty Income Corp. 0.16% 23,605 $1.3M Add +408.7%
ITW Illinois Tool Works 0.14% 4,133 $1.1M Reduce -52.0%
MINT PIMCO Enhanced Short Maturit 0.14% 10,843 $1.1M No change
VCSH Vanguard S/T Corp. Bond ETF 0.13% 13,399 $1.0M No change
IGSB iShares 1-5Y Inv Grade Corp. 0.13% 19,907 $1.0M No change
MPC Marathon Petroleum Corp. 0.12% 4,966 $1.0M Add +166.4%
APD Air Products & Chemicals Inc. 0.12% 4,074 $987K No change
PNC PNC Financial Services Group 0.12% 5,943 $960K No change
SBUX Starbucks Corp. 0.12% 10,365 $947K Reduce -58.2%
COP Conocophillips 0.11% 7,129 $907K New
AEM Agnico Eagle Mines Ltd. 0.11% 15,156 $904K New
KO The Coca-Cola Co. 0.11% 14,322 $876K Reduce -44.4%
WELL Welltower Inc. 0.11% 9,144 $854K New
AGI Alamos Gold Inc. Class A 0.10% 56,893 $839K New
BSV Vanguard Short-Term Bond ETF 0.10% 10,560 $810K No change
NEM Newmont Corp. 0.09% 20,105 $721K New
EMN Eastman Chemical Co. 0.07% 5,605 $562K No change
WM Waste Management Inc. 0.07% 2,466 $526K No change
WEC WEC Energy Group Inc. 0.04% 3,879 $319K Reduce -72.5%
SCCO Southern Copper Corp. 0.03% 2,014 $215K New

Portfolio Sells Q4 2023 → Q1 2024
GSG iShares S&P Gsci Commodity I Reduce -64.6% 0.56% −1.11
SPSB SS SPDR P St C Corp. ETF Reduce -5.8% 4.03% −0.91
AAPL Apple Inc. Reduce -55.6% 0.26% −0.49
PEP Pepsico Inc. Reduce -41.4% 0.25% −0.23
SBUX Starbucks Corp. Reduce -58.2% 0.12% −0.22
ITW Illinois Tool Works Reduce -52.0% 0.14% −0.19
UNH Unitedhealth Group Inc. Reduce -21.0% 0.32% −0.18
SLB SLB Ltd. Sold out 0.00% −0.16
CVX Chevron Corp. Reduce -17.1% 0.42% −0.13
WEC WEC Energy Group Inc. Reduce -72.5% 0.04% −0.13
KO The Coca-Cola Co. Reduce -44.4% 0.11% −0.11
VTWV Vanguard Russell 2000 Value Reduce -1.7% 0.66% −0.10
IWF iShares Russell 1000 Growth Reduce -3.4% 1.04% −0.08
NOC Northrop Grumman Corp. Sold out 0.00% −0.07
VONV Vanguard Russell 1000 Value Reduce -2.2% 0.73% −0.06
LLY Eli Lilly & Co. Reduce -1.1% 1.12% +0.14

Portfolio Buys Q4 2023 → Q1 2024
IWM iShares Russell 2000 ETF Add +34.8% 4.51% +0.83
VTWO Vanguard Russell 2000 ETF Add +27.2% 4.83% +0.65
META Meta Platforms Inc. Class A New 0.50% +0.50
VOO Vanguard S&P 500 ETF Add +70.9% 1.25% +0.48
SCHX Schwab US Large-Cap ETF Add +22.5% 3.03% +0.44
PSX Phillips 66 Add +220.5% 0.49% +0.34
QCOM Qualcomm Inc. Add +132.3% 0.58% +0.33
SYK Stryker Corp. Add +158.1% 0.53% +0.33
URI United Rentals Inc. New 0.32% +0.32
ETN Eaton Corp. PLC Add +19.5% 1.15% +0.30
AVGO Broadcom Inc. Add +16.8% 1.40% +0.23
LRCX Lam Research Corp. Add +226.3% 0.32% +0.23
OXY Occidental Petroleum Corp. New 0.22% +0.22
SPG Simon Property Group Inc. Add +158.0% 0.36% +0.22
PH Parker Hannifin Corp. Add +26.3% 0.83% +0.20
DLR Digital Realty Trust Inc. New 0.18% +0.18
PLD Prologis Inc. Add +141.4% 0.32% +0.16
COST Costco Wholesale Corp. Add +104.5% 0.33% +0.16
BHP BHP Group Ltd.-Spon ADR New 0.16% +0.16
EQIX Equinix Inc. Add +85.8% 0.38% +0.15
O Realty Income Corp. Add +408.7% 0.16% +0.12
COP Conocophillips New 0.11% +0.11
AEM Agnico Eagle Mines Ltd. New 0.11% +0.11
WELL Welltower Inc. New 0.11% +0.11
AGI Alamos Gold Inc. Class A New 0.10% +0.10
NEM Newmont Corp. New 0.09% +0.09
MPC Marathon Petroleum Corp. Add +166.4% 0.12% +0.09
ABBV Abbvie Inc. Add +9.2% 0.82% +0.08
SPY SS SPDR S&P 500 ETF Trust-US Add +11.5% 1.07% +0.06
MRK Merck & Co. Inc. Add +4.9% 0.54% +0.05
SCCO Southern Copper Corp. New 0.03% +0.03
IVV iShares Core S&P 500 ETF Add +5.4% 1.09% +0.01
VTHR Vanguard Russell 3000 Add +4.6% 0.55% −0.01
IWB iShares Russell 1000 ETF Add +1.0% 20.94% −0.85
VONE Vanguard Russell 1000 Add +0.8% 21.98% −0.92

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 89$1.1BVONE, IWB, IJH, IEMG, EWJ
Q1 2026 91$964.5MVONE, IWB, IJH, IEMG, AGG
Q4 2025 86$925.7MVONE, IWB, IJH, IEMG, EWJ
Q3 2025 82$853.1MVONE, IWB, IJH, IEMG, EWJ
Q2 2025 81$792.1MVONE, IWB, IJH, IEMG, EWJ
Q1 2025 80$722.8MVONE, IWB, VTWO, IWM, IEMG
Q4 2024 76$795.9MVONE, IWB, VTWO, IWM, EWJ
Q3 2024 78$788.4MVONE, IWB, VTWO, IWM, EWJ
Q2 2024 76$733.4MVONE, IWB, VTWO, IWM, EWJ
Q1 2024 83$801.4MVONE, IWB, VTWO, IWM, EWJ