Red Cedar Investment Management, LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 30, 2024), Red Cedar Investment Management, LLC reported 78 stock positions worth $788.4 million. Its top holding was Vanguard Russell 1000 (VONE) at 22.4% of the portfolio, followed by iShares Russell 1000 ETF (IWB, 21.0%) and Vanguard Russell 2000 ETF (VTWO, 5.2%). Compared with Q2 2024, it opened 6 new positions, sold out of 4, added to 15 and reduced 10. The biggest buy was Welltower (WELL, shares +209%) and the biggest sale iShares Russell 1000 ETF (IWB, shares −1%).

Most Recent 13F
Q2 2026
Location
GRAND RAPIDS, MI
CIK
0001734398
Portfolio Value
$788.4M (Q3 2024)
SEC Filing
0001734398-24-000006 ↗ filed Oct 30, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $801.4M Q1 2024 Q2 2024: $733.4M Q2 2024 Q3 2024: $788.4M $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 78 stocks · $788.4M
VONE Vanguard Russell 1000 22.39% 678,856 $176.6M Reduce -0.5%
IWB iShares Russell 1000 ETF 21.03% 527,447 $165.8M Reduce -0.6%
VTWO Vanguard Russell 2000 ETF 5.24% 461,917 $41.3M Reduce -0.0%
IWM iShares Russell 2000 ETF 4.89% 174,649 $38.6M Reduce -0.2%
EWJ iShares MSCI Japan ETF 4.37% 481,719 $34.5M No change
SPSB SS SPDR P St C Corp. ETF 3.43% 893,256 $27.0M Reduce -3.9%
IEMG iShares Core MSCI Emerging 2.85% 390,850 $22.4M No change
SCHF Schwab Intl Equity ETF 2.76% 530,039 $21.8M Add +0.9%
SCHX Schwab US Large-Cap ETF 2.70% 313,635 $21.3M Reduce -4.5%
MSFT Microsoft Corp. 1.56% 28,645 $12.3M No change
AVGO Broadcom Inc. 1.42% 65,035 $11.2M Add +0.3%
LLY Eli Lilly & Co. 1.18% 10,469 $9.3M Reduce -1.0%
VOO Vanguard S&P 500 ETF 1.11% 16,546 $8.7M No change
IVV iShares Core S&P 500 ETF 1.11% 15,130 $8.7M Reduce -8.8%
ETN Eaton Corp. PLC 1.08% 25,613 $8.5M Add +14.8%
SPY SS SPDR S&P 500 ETF Trust-US 1.04% 14,250 $8.2M No change
ABBV Abbvie Inc. 0.90% 35,927 $7.1M No change
MSI Motorola Solutions Inc. 0.90% 15,775 $7.1M No change
PH Parker Hannifin Corp. 0.88% 10,997 $6.9M Add +18.9%
JPM JPMorgan Chase & Co. 0.76% 28,289 $6.0M No change
AMP Ameriprise Financial Inc. 0.63% 10,522 $4.9M No change
QCOM Qualcomm Inc. 0.61% 28,436 $4.8M Reduce -23.2%
ADI Analog Devices Inc. 0.61% 20,994 $4.8M No change
META Meta Platforms Inc. Class A 0.60% 8,301 $4.8M No change
HD Home Depot Inc. 0.60% 11,610 $4.7M No change
MRK Merck & Co. Inc. 0.56% 38,559 $4.4M No change
MCD McDonald's Corp. 0.55% 14,206 $4.3M No change
GSG iShares S&P Gsci Commodity I 0.55% 205,068 $4.3M No change
IWF iShares Russell 1000 Growth 0.54% 11,294 $4.2M Add +0.1%
VTWV Vanguard Russell 2000 Value 0.53% 28,483 $4.2M Add +1.0%
VTHR Vanguard Russell 3000 0.53% 16,404 $4.2M No change
AGG iShares Core U.S. Aggregate 0.52% 40,848 $4.1M No change
SO The Southern Co. 0.51% 44,897 $4.0M No change
COST Costco Wholesale Corp. 0.50% 4,431 $3.9M No change
MRSH Marsh & McLennan Cos 0.50% 17,521 $3.9M No change
SYK Stryker Corp. 0.46% 6,942 $3.6M No change
CVX Chevron Corp. 0.40% 21,498 $3.2M No change
URI United Rentals Inc. 0.39% 3,840 $3.1M Add +56.2%
UNH Unitedhealth Group Inc. 0.39% 5,195 $3.0M No change
WELL Welltower Inc. 0.37% 22,986 $2.9M Add +209.0%
PAYX Paychex Inc. 0.37% 21,562 $2.9M No change
FIS Fidelity National Info Serv 0.37% 34,445 $2.9M Add +236.7%
ACN Accenture PLC Class A 0.35% 7,858 $2.8M No change
AAPL Apple Inc. 0.35% 11,921 $2.8M No change
NEE Nextera Energy Inc. 0.34% 31,342 $2.6M Add +45.3%
PSX Phillips 66 0.33% 11,596 $2.6M No change
GD General Dynamics Corp. 0.31% 8,076 $2.4M No change
VLO Valero Energy Corp. 0.28% 16,390 $2.2M Reduce -23.6%
MDLZ Mondelez International Inc. Class A 0.26% 28,336 $2.1M No change
PG The Procter & Gamble Co. 0.26% 11,734 $2.0M No change
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.26% 60,539 $2.0M Add +92.0%
V Visa Inc. Class A 0.25% 7,214 $2.0M No change
LMT Lockheed Martin Corp. 0.25% 3,341 $2.0M No change
PEP Pepsico Inc. 0.25% 11,400 $1.9M No change
SPG Simon Property Group Inc. 0.24% 17,591 $1.9M Add +153.2%
CTAS Cintas Corp. 0.24% 9,124 $1.9M No change
AXP American Express Co. 0.24% 6,836 $1.9M Add +142.9%
WEC WEC Energy Group Inc. 0.23% 18,993 $1.8M Add +389.6%
EQIX Equinix Inc. 0.22% 3,215 $1.7M Add +65.0%
EMN Eastman Chemical Co. 0.19% 13,444 $1.5M No change
APD Air Products & Chemicals Inc. 0.17% 4,426 $1.3M No change
NEM Newmont Corp. 0.16% 23,627 $1.3M New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.16% 10,727 $1.3M New
O Realty Income Corp. 0.16% 19,609 $1.2M New
WPM Wheaton Precious Metals Corp. 0.16% 20,224 $1.2M New
PLD Prologis Inc. 0.16% 9,738 $1.2M New
DLR Digital Realty Trust Inc. 0.15% 7,529 $1.2M New
AEM Agnico Eagle Mines Ltd. 0.15% 14,929 $1.2M No change
WM Waste Management Inc. 0.15% 5,642 $1.2M No change
AGI Alamos Gold Inc. Class A 0.14% 55,846 $1.1M No change
PNC PNC Financial Services Group 0.14% 5,943 $1.1M No change
MINT PIMCO Enhanced Short Maturit 0.14% 10,843 $1.1M No change
VCSH Vanguard S/T Corp. Bond ETF 0.14% 13,399 $1.1M No change
IGSB iShares 1-5Y Inv Grade Corp. 0.13% 19,907 $1.0M No change
KO The Coca-Cola Co. 0.13% 14,322 $1.0M No change
FPE FT-Preferred Secur & Inc. ETF 0.11% 48,657 $881K No change
BSV Vanguard Short-Term Bond ETF 0.11% 10,560 $831K No change
MPC Marathon Petroleum Corp. 0.03% 1,440 $235K No change

Portfolio Sells Q2 2024 → Q3 2024
IWB iShares Russell 1000 ETF Reduce -0.6% 21.03% −0.50
VONE Vanguard Russell 1000 Reduce -0.5% 22.39% −0.49
QCOM Qualcomm Inc. Reduce -23.2% 0.61% −0.39
LRCX Lam Research Corp. Sold out 0.00% −0.39
SPSB SS SPDR P St C Corp. ETF Reduce -3.9% 3.43% −0.33
VLO Valero Energy Corp. Reduce -23.6% 0.28% −0.18
SCHX Schwab US Large-Cap ETF Reduce -4.5% 2.70% −0.18
IVV iShares Core S&P 500 ETF Reduce -8.8% 1.11% −0.13
LLY Eli Lilly & Co. Reduce -1.0% 1.18% −0.13
DPZ Domino's Pizza Inc. Sold out 0.00% −0.09
CDW CDW Corp. Sold out 0.00% −0.06
ITW Illinois Tool Works Sold out 0.00% −0.04
IWM iShares Russell 2000 ETF Reduce -0.2% 4.89% +0.05
VTWO Vanguard Russell 2000 ETF Reduce -0.0% 5.24% +0.07

Portfolio Buys Q2 2024 → Q3 2024
WELL Welltower Inc. Add +209.0% 0.37% +0.27
FIS Fidelity National Info Serv Add +236.7% 0.37% +0.26
PH Parker Hannifin Corp. Add +18.9% 0.88% +0.24
WEC WEC Energy Group Inc. Add +389.6% 0.23% +0.19
URI United Rentals Inc. Add +56.2% 0.39% +0.18
NEM Newmont Corp. New 0.16% +0.16
TJX TJX Companies Inc. New 0.16% +0.16
O Realty Income Corp. New 0.16% +0.16
WPM Wheaton Precious Metals Corp. New 0.16% +0.16
PLD Prologis Inc. New 0.16% +0.16
DLR Digital Realty Trust Inc. New 0.15% +0.15
AXP American Express Co. Add +142.9% 0.24% +0.15
VICI Vici Properties Inc. Add +92.0% 0.26% +0.13
NEE Nextera Energy Inc. Add +45.3% 0.34% +0.13
ETN Eaton Corp. PLC Add +14.8% 1.08% +0.12
SPG Simon Property Group Inc. Add +153.2% 0.24% +0.10
EQIX Equinix Inc. Add +65.0% 0.22% +0.02
VTWV Vanguard Russell 2000 Value Add +1.0% 0.53% +0.02
SCHF Schwab Intl Equity ETF Add +0.9% 2.76% +0.01
AVGO Broadcom Inc. Add +0.3% 1.42% +0.00
IWF iShares Russell 1000 Growth Add +0.1% 0.54% −0.02

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