Red Cedar Investment Management, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 25, 2024), Red Cedar Investment Management, LLC reported 76 stock positions worth $733.4 million. Its top holding was Vanguard Russell 1000 (VONE) at 22.9% of the portfolio, followed by iShares Russell 1000 ETF (IWB, 21.5%) and Vanguard Russell 2000 ETF (VTWO, 5.2%). Compared with Q1 2024, it opened 4 new positions, sold out of 11, added to 12 and reduced 32. The biggest buy was Qualcomm (QCOM, shares +35%) and the biggest sale an exit from Vanguard Russell 1000 Value (VONV).

Most Recent 13F
Q2 2026
Location
GRAND RAPIDS, MI
CIK
0001734398
Portfolio Value
$733.4M (Q2 2024)
SEC Filing
0001734398-24-000003 ↗ filed Jul 25, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $801.4M Q1 2024 Q2 2024: $733.4M $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 76 stocks · $733.4M
VONE Vanguard Russell 1000 22.89% 682,217 $167.9M Reduce -7.7%
IWB iShares Russell 1000 ETF 21.53% 530,816 $157.9M Reduce -8.9%
VTWO Vanguard Russell 2000 ETF 5.16% 461,956 $37.9M Add +1.5%
IWM iShares Russell 2000 ETF 4.84% 174,989 $35.5M Add +1.9%
EWJ iShares MSCI Japan ETF 4.48% 481,719 $32.9M Add +0.1%
SPSB SS SPDR P St C Corp. ETF 3.76% 929,101 $27.6M Reduce -14.3%
SCHX Schwab US Large-Cap ETF 2.88% 328,270 $21.1M Reduce -16.2%
IEMG iShares Core MSCI Emerging 2.85% 390,850 $20.9M Add +0.7%
SCHF Schwab Intl Equity ETF 2.75% 525,097 $20.2M No change
MSFT Microsoft Corp. 1.75% 28,645 $12.8M No change
AVGO Broadcom Inc. 1.42% 6,486 $10.4M Reduce -23.1%
LLY Eli Lilly & Co. 1.31% 10,576 $9.6M Reduce -8.4%
IVV iShares Core S&P 500 ETF 1.24% 16,587 $9.1M No change
VOO Vanguard S&P 500 ETF 1.13% 16,546 $8.3M Reduce -20.3%
SPY SS SPDR S&P 500 ETF Trust-US 1.06% 14,250 $7.8M Reduce -13.2%
QCOM Qualcomm Inc. 1.01% 37,027 $7.4M Add +34.6%
ETN Eaton Corp. PLC 0.95% 22,313 $7.0M Reduce -24.6%
ABBV Abbvie Inc. 0.84% 35,927 $6.2M No change
MSI Motorola Solutions Inc. 0.83% 15,775 $6.1M No change
JPM JPMorgan Chase & Co. 0.78% 28,289 $5.7M Add +16.0%
ADI Analog Devices Inc. 0.65% 20,994 $4.8M Add +39.1%
MRK Merck & Co. Inc. 0.65% 38,559 $4.8M Add +17.7%
PH Parker Hannifin Corp. 0.64% 9,247 $4.7M Reduce -22.3%
GSG iShares S&P Gsci Commodity I 0.62% 205,068 $4.5M No change
AMP Ameriprise Financial Inc. 0.61% 10,522 $4.5M No change
META Meta Platforms Inc. Class A 0.57% 8,301 $4.2M No change
IWF iShares Russell 1000 Growth 0.56% 11,277 $4.1M Reduce -54.3%
HD Home Depot Inc. 0.54% 11,610 $4.0M No change
AGG iShares Core U.S. Aggregate 0.54% 40,848 $4.0M No change
VTHR Vanguard Russell 3000 0.54% 16,404 $3.9M Reduce -14.0%
VTWV Vanguard Russell 2000 Value 0.52% 28,202 $3.8M Reduce -25.0%
COST Costco Wholesale Corp. 0.51% 4,431 $3.8M Add +22.5%
MRSH Marsh & McLennan Cos 0.50% 17,521 $3.7M Reduce -17.6%
MCD McDonald's Corp. 0.49% 14,206 $3.6M Reduce -15.3%
SO The Southern Co. 0.47% 44,897 $3.5M No change
VLO Valero Energy Corp. 0.46% 21,466 $3.4M No change
CVX Chevron Corp. 0.46% 21,498 $3.4M No change
LRCX Lam Research Corp. 0.39% 2,659 $2.8M No change
UNH Unitedhealth Group Inc. 0.36% 5,195 $2.6M No change
PAYX Paychex Inc. 0.35% 21,562 $2.6M Reduce -22.9%
AAPL Apple Inc. 0.34% 11,921 $2.5M No change
ACN Accenture PLC Class A 0.33% 7,858 $2.4M Reduce -27.6%
SYK Stryker Corp. 0.32% 6,942 $2.4M Reduce -41.7%
GD General Dynamics Corp. 0.32% 8,076 $2.3M No change
PG The Procter & Gamble Co. 0.26% 11,734 $1.9M No change
V Visa Inc. Class A 0.26% 7,214 $1.9M Reduce -25.8%
PEP Pepsico Inc. 0.26% 11,400 $1.9M No change
MDLZ Mondelez International Inc. Class A 0.25% 28,336 $1.9M Reduce -28.8%
PSX Phillips 66 0.22% 11,596 $1.6M Reduce -51.4%
CTAS Cintas Corp. 0.22% 2,281 $1.6M No change
URI United Rentals Inc. 0.22% 2,458 $1.6M Reduce -30.8%
LMT Lockheed Martin Corp. 0.21% 3,341 $1.6M No change
NEE Nextera Energy Inc. 0.21% 21,571 $1.5M New
EQIX Equinix Inc. 0.20% 1,948 $1.5M Reduce -47.8%
EMN Eastman Chemical Co. 0.18% 13,444 $1.3M Add +139.9%
WM Waste Management Inc. 0.16% 5,642 $1.2M Add +128.8%
APD Air Products & Chemicals Inc. 0.16% 4,426 $1.1M Add +8.6%
MINT PIMCO Enhanced Short Maturit 0.15% 10,843 $1.1M No change
SPG Simon Property Group Inc. 0.14% 6,947 $1.1M Reduce -62.8%
VCSH Vanguard S/T Corp. Bond ETF 0.14% 13,399 $1.0M No change
IGSB iShares 1-5Y Inv Grade Corp. 0.14% 19,907 $1.0M No change
AEM Agnico Eagle Mines Ltd. 0.13% 14,929 $976K Reduce -1.5%
PNC PNC Financial Services Group 0.13% 5,943 $924K No change
KO The Coca-Cola Co. 0.12% 14,322 $912K No change
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.12% 31,535 $903K Reduce -46.2%
AGI Alamos Gold Inc. Class A 0.12% 55,846 $876K Reduce -1.8%
FPE FT-Preferred Secur & Inc. ETF 0.12% 48,657 $845K Reduce -37.3%
BSV Vanguard Short-Term Bond ETF 0.11% 10,560 $810K No change
WELL Welltower Inc. 0.11% 7,439 $776K Reduce -18.6%
FIS Fidelity National Info Serv 0.11% 10,230 $771K New
DPZ Domino's Pizza Inc. 0.09% 1,316 $679K New
AXP American Express Co. 0.09% 2,814 $652K New
CDW CDW Corp. 0.06% 1,856 $415K Reduce -83.3%
WEC WEC Energy Group Inc. 0.04% 3,879 $304K No change
ITW Illinois Tool Works 0.04% 1,145 $271K Reduce -72.3%
MPC Marathon Petroleum Corp. 0.03% 1,440 $250K Reduce -71.0%

Portfolio Sells Q1 2024 → Q2 2024
VONV Vanguard Russell 1000 Value Sold out 0.00% −0.73
IWF iShares Russell 1000 Growth Reduce -54.3% 0.56% −0.48
VONG Vanguard Russell 1000 Growth Sold out 0.00% −0.43
PLD Prologis Inc. Sold out 0.00% −0.32
CDW CDW Corp. Reduce -83.3% 0.06% −0.30
SPSB SS SPDR P St C Corp. ETF Reduce -14.3% 3.76% −0.27
PSX Phillips 66 Reduce -51.4% 0.22% −0.26
SPG Simon Property Group Inc. Reduce -62.8% 0.14% −0.22
OXY Occidental Petroleum Corp. Sold out 0.00% −0.22
SYK Stryker Corp. Reduce -41.7% 0.32% −0.21
ETN Eaton Corp. PLC Reduce -24.6% 0.95% −0.20
PH Parker Hannifin Corp. Reduce -22.3% 0.64% −0.19
EQIX Equinix Inc. Reduce -47.8% 0.20% −0.18
DLR Digital Realty Trust Inc. Sold out 0.00% −0.18
BHP BHP Group Ltd.-Spon ADR Sold out 0.00% −0.16
O Realty Income Corp. Sold out 0.00% −0.16
SCHX Schwab US Large-Cap ETF Reduce -16.2% 2.88% −0.16
ACN Accenture PLC Class A Reduce -27.6% 0.33% −0.14
VTWV Vanguard Russell 2000 Value Reduce -25.0% 0.52% −0.14
SBUX Starbucks Corp. Sold out 0.00% −0.12
VOO Vanguard S&P 500 ETF Reduce -20.3% 1.13% −0.12
COP Conocophillips Sold out 0.00% −0.11
URI United Rentals Inc. Reduce -30.8% 0.22% −0.10
ITW Illinois Tool Works Reduce -72.3% 0.04% −0.10
MCD McDonald's Corp. Reduce -15.3% 0.49% −0.10
MDLZ Mondelez International Inc. Class A Reduce -28.8% 0.25% −0.09
VICI Vici Properties Inc. Reduce -46.2% 0.12% −0.09
MPC Marathon Petroleum Corp. Reduce -71.0% 0.03% −0.09
NEM Newmont Corp. Sold out 0.00% −0.09
V Visa Inc. Class A Reduce -25.8% 0.26% −0.08
PAYX Paychex Inc. Reduce -22.9% 0.35% −0.08
FPE FT-Preferred Secur & Inc. ETF Reduce -37.3% 0.12% −0.05
MRSH Marsh & McLennan Cos Reduce -17.6% 0.50% −0.04
SCCO Southern Copper Corp. Sold out 0.00% −0.03
VTHR Vanguard Russell 3000 Reduce -14.0% 0.54% −0.02
SPY SS SPDR S&P 500 ETF Trust-US Reduce -13.2% 1.06% −0.01
WELL Welltower Inc. Reduce -18.6% 0.11% −0.00
AGI Alamos Gold Inc. Class A Reduce -1.8% 0.12% +0.01
AEM Agnico Eagle Mines Ltd. Reduce -1.5% 0.13% +0.02
AVGO Broadcom Inc. Reduce -23.1% 1.42% +0.02
LLY Eli Lilly & Co. Reduce -8.4% 1.31% +0.18
IWB iShares Russell 1000 ETF Reduce -8.9% 21.53% +0.59
VONE Vanguard Russell 1000 Reduce -7.7% 22.89% +0.91

Portfolio Buys Q1 2024 → Q2 2024
QCOM Qualcomm Inc. Add +34.6% 1.01% +0.42
IEMG iShares Core MSCI Emerging Add +0.7% 2.85% +0.35
IWM iShares Russell 2000 ETF Add +1.9% 4.84% +0.33
VTWO Vanguard Russell 2000 ETF Add +1.5% 5.16% +0.33
ADI Analog Devices Inc. Add +39.1% 0.65% +0.28
NEE Nextera Energy Inc. New 0.21% +0.21
EWJ iShares MSCI Japan ETF Add +0.1% 4.48% +0.20
COST Costco Wholesale Corp. Add +22.5% 0.51% +0.18
JPM JPMorgan Chase & Co. Add +16.0% 0.78% +0.17
MRK Merck & Co. Inc. Add +17.7% 0.65% +0.11
EMN Eastman Chemical Co. Add +139.9% 0.18% +0.11
FIS Fidelity National Info Serv New 0.11% +0.11
WM Waste Management Inc. Add +128.8% 0.16% +0.10
DPZ Domino's Pizza Inc. New 0.09% +0.09
AXP American Express Co. New 0.09% +0.09
APD Air Products & Chemicals Inc. Add +8.6% 0.16% +0.03

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