Red Cedar Investment Management, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 31, 2025), Red Cedar Investment Management, LLC reported 82 stock positions worth $853.1 million. Its top holding was Vanguard Russell 1000 (VONE) at 19.2% of the portfolio, followed by iShares Russell 1000 ETF (IWB, 17.9%) and iShares Core S&P Midcap ETF (IJH, 6.3%). Compared with Q2 2025, it opened 4 new positions, sold out of 3, added to 12 and reduced 12. The biggest buy was Corning (GLW, shares +14%) and the biggest sale iShares Russell 1000 ETF (IWB, shares −4%).

Most Recent 13F
Q2 2026
Location
GRAND RAPIDS, MI
CIK
0001734398
Portfolio Value
$853.1M (Q3 2025)
SEC Filing
0001734398-25-000013 ↗ filed Oct 31, 2025

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 Q3 2024 Q4 2024: $795.9M Q4 2024 Q1 2025: $722.8M Q1 2025 Q2 2025: $792.1M Q2 2025 Q3 2025: $853.1M $853.1M Q3 2025 Q4 2025: $925.7M Q4 2025 Q1 2026: $964.5M Q1 2026 Q2 2026: $1.1B Q2 2026

Holdings 82 stocks · $853.1M
VONE Vanguard Russell 1000 19.20% 541,625 $163.8M Reduce -3.5%
IWB iShares Russell 1000 ETF 17.87% 417,193 $152.5M Reduce -3.9%
IJH iShares Core S&P Midcap ETF 6.30% 823,943 $53.8M Add +0.1%
IEMG iShares Core MSCI Emerging 4.37% 565,156 $37.3M Reduce -1.1%
EWJ iShares MSCI Japan ETF 3.67% 390,781 $31.3M Reduce -3.0%
GDX Vaneck Gold Miners ETF 2.84% 317,318 $24.2M No change
SCHF Schwab Intl Equity ETF 2.83% 1,036,623 $24.1M Reduce -5.0%
EFA iShares MSCI Eafe ETF 2.80% 255,690 $23.9M No change
AGG iShares Core U.S. Aggregate 2.36% 200,483 $20.1M Reduce -2.4%
SCHX Schwab US Large-Cap ETF 2.03% 656,462 $17.3M No change
AVGO Broadcom Inc. 1.93% 49,802 $16.4M Reduce -6.5%
GLD SPDR Gold Shares 1.92% 46,056 $16.4M No change
SPSB SS SPDR P St C Corp. ETF 1.60% 450,568 $13.6M No change
MSFT Microsoft Corp. 1.43% 23,625 $12.2M No change
VTWO Vanguard Russell 2000 ETF 1.42% 123,734 $12.1M Add +0.3%
IWM iShares Russell 2000 ETF 1.40% 49,505 $12.0M Add +0.3%
GLW Corning Inc. 1.14% 119,052 $9.8M Add +13.8%
JPM JPMorgan Chase & Co. 1.05% 28,289 $8.9M No change
VOO Vanguard S&P 500 ETF 1.04% 14,454 $8.9M No change
QTPI NRTH Squr Rcim Tax-Ad Is ETF filed as EXCHANGE PLACE ADVISORS TRUS 0.98% 327,100 $8.4M Add +63.5%
LLY Eli Lilly & Co. 0.92% 10,334 $7.9M No change
ETN Eaton Corp. PLC 0.88% 20,068 $7.5M No change
MSI Motorola Solutions Inc. 0.85% 15,775 $7.2M No change
PH Parker Hannifin Corp. 0.82% 9,247 $7.0M No change
RTX RTX Corp. 0.76% 38,872 $6.5M Add +63.6%
ABBV Abbvie Inc. 0.74% 27,210 $6.3M No change
META Meta Platforms Inc. Class A 0.71% 8,301 $6.1M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.70% 9,025 $6.0M Add +3.5%
AGI Alamos Gold Inc. Class A 0.65% 159,375 $5.6M Add +4.6%
AEM Agnico Eagle Mines Ltd. 0.65% 32,673 $5.5M Add +3.7%
KGC Kinross Gold Corp. 0.64% 220,596 $5.5M Reduce -18.3%
CFG Citizens Financial Group 0.56% 89,483 $4.8M Add +192.3%
HD Home Depot Inc. 0.55% 11,610 $4.7M No change
MCD McDonald's Corp. 0.51% 14,206 $4.3M No change
AMP Ameriprise Financial Inc. 0.50% 8,714 $4.3M Reduce -17.2%
VTHR Vanguard Russell 3000 0.50% 14,523 $4.3M No change
SO The Southern Co. 0.50% 44,897 $4.3M No change
GSG iShares S&P Gsci Commodity I 0.50% 184,379 $4.2M No change
BLK BlackRock Inc. 0.48% 3,526 $4.1M No change
COST Costco Wholesale Corp. 0.48% 4,431 $4.1M No change
QCOM Qualcomm Inc. 0.45% 23,105 $3.8M No change
WELL Welltower Inc. 0.43% 20,440 $3.6M Add +36.4%
V Visa Inc. Class A 0.38% 9,461 $3.2M No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.38% 10,950 $3.2M No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.36% 21,448 $3.1M Add +28.1%
ADI Analog Devices Inc. 0.36% 12,544 $3.1M No change
AAPL Apple Inc. 0.36% 11,921 $3.0M No change
PG The Procter & Gamble Co. 0.35% 19,650 $3.0M No change
SYK Stryker Corp. 0.30% 6,942 $2.6M No change
AXP American Express Co. 0.30% 7,628 $2.5M No change
PNC PNC Financial Services Group 0.29% 12,113 $2.4M No change
NEM Newmont Corp. 0.28% 28,484 $2.4M New
SPG Simon Property Group Inc. 0.28% 12,748 $2.4M No change
NEE Nextera Energy Inc. 0.28% 31,342 $2.4M No change
WEC WEC Energy Group Inc. 0.27% 20,045 $2.3M No change
GS Goldman Sachs Group Inc. 0.24% 2,622 $2.1M New
PAYX Paychex Inc. 0.23% 15,460 $2.0M Reduce -30.6%
CSCO Cisco Systems Inc. 0.22% 27,901 $1.9M New
CTAS Cintas Corp. 0.22% 9,124 $1.9M No change
MCK McKesson Corp. 0.22% 2,376 $1.8M No change
MRK Merck & Co. Inc. 0.21% 21,092 $1.8M No change
MDLZ Mondelez International Inc. Class A 0.21% 28,336 $1.8M No change
CVX Chevron Corp. 0.21% 11,342 $1.8M No change
GD General Dynamics Corp. 0.20% 4,980 $1.7M No change
PSX Phillips 66 0.18% 11,596 $1.6M No change
XOM Exxon Mobil Corp. 0.17% 12,596 $1.4M No change
MAR Marriott International Class A 0.16% 5,369 $1.4M No change
APD Air Products & Chemicals Inc. 0.14% 4,426 $1.2M No change
MINT PIMCO Enhanced Short Maturit 0.13% 10,843 $1.1M No change
VCSH Vanguard S/T Corp. Bond ETF 0.13% 13,399 $1.1M No change
IGSB iShares 1-5Y Inv Grade Corp. 0.12% 19,907 $1.1M No change
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.12% 31,535 $1.0M No change
JNJ Johnson & Johnson 0.12% 5,290 $981K New
VLO Valero Energy Corp. 0.11% 5,697 $970K No change
DLR Digital Realty Trust Inc. 0.11% 5,451 $942K No change
FPE FT-Preferred Secur & Inc. ETF 0.10% 48,657 $888K No change
BSV Vanguard Short-Term Bond ETF 0.10% 10,560 $833K No change
EQIX Equinix Inc. 0.07% 764 $598K Reduce -60.8%
PEP Pepsico Inc. 0.05% 2,813 $395K No change
KO The Coca-Cola Co. 0.04% 4,774 $317K No change
MPC Marathon Petroleum Corp. 0.03% 1,440 $278K No change
LMT Lockheed Martin Corp. 0.02% 414 $207K Reduce -87.3%

Portfolio Sells Q2 2025 → Q3 2025
IWB iShares Russell 1000 ETF Reduce -3.9% 17.87% −0.74
VONE Vanguard Russell 1000 Reduce -3.5% 19.20% −0.70
MRSH Marsh & McLennan Cos Sold out 0.00% −0.37
ACN Accenture PLC Class A Sold out 0.00% −0.30
AGG iShares Core U.S. Aggregate Reduce -2.4% 2.36% −0.22
SCHF Schwab Intl Equity ETF Reduce -5.0% 2.83% −0.21
AMP Ameriprise Financial Inc. Reduce -17.2% 0.50% −0.21
PAYX Paychex Inc. Reduce -30.6% 0.23% −0.18
LMT Lockheed Martin Corp. Reduce -87.3% 0.02% −0.17
EWJ iShares MSCI Japan ETF Reduce -3.0% 3.67% −0.14
EQIX Equinix Inc. Reduce -60.8% 0.07% −0.13
FIS Fidelity National Info Serv Sold out 0.00% −0.04
IEMG iShares Core MSCI Emerging Reduce -1.1% 4.37% +0.03
AVGO Broadcom Inc. Reduce -6.5% 1.93% +0.07
KGC Kinross Gold Corp. Reduce -18.3% 0.64% +0.11

Portfolio Buys Q2 2025 → Q3 2025
GLW Corning Inc. Add +13.8% 1.14% +0.45
CFG Citizens Financial Group Add +192.3% 0.56% +0.38
QTPI NRTH Squr Rcim Tax-Ad Is ETF Add +63.5% 0.98% +0.34
RTX RTX Corp. Add +63.6% 0.76% +0.32
NEM Newmont Corp. New 0.28% +0.28
GS Goldman Sachs Group Inc. New 0.24% +0.24
CSCO Cisco Systems Inc. New 0.22% +0.22
AEM Agnico Eagle Mines Ltd. Add +3.7% 0.65% +0.17
AGI Alamos Gold Inc. Class A Add +4.6% 0.65% +0.14
WELL Welltower Inc. Add +36.4% 0.43% +0.14
JNJ Johnson & Johnson New 0.12% +0.12
TJX TJX Companies Inc. Add +28.1% 0.36% +0.10
VTWO Vanguard Russell 2000 ETF Add +0.3% 1.42% +0.06
IWM iShares Russell 2000 ETF Add +0.3% 1.40% +0.06
SPY SS SPDR S&P 500 ETF Trust-US Add +3.5% 0.70% +0.02
IJH iShares Core S&P Midcap ETF Add +0.1% 6.30% −0.14

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