Red Tortoise LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 25, 2025), Red Tortoise LLC reported 573 stock positions worth $191.7 million. Its top holding was Schwab Intl Equity ETF (SCHF) at 11.2% of the portfolio, followed by Schwab Fndmn Intl LRG Co. ETF (FNDF, 7.7%) and iShares Core S&P 500 ETF (IVV, 5.9%). Compared with Q4 2024, it opened 57 new positions, sold out of 60, added to 67 and reduced 71. The biggest buy was Vanguard Ftse Developed ETF (VEA, shares +69%) and the biggest sale Home Depot (HD, shares −98%).

Most Recent 13F
Q1 2026
Location
ATLANTA, GA
CIK
0001910488
Portfolio Value
$191.7M (Q1 2025)
SEC Filing
0001910488-25-000003 ↗ filed Apr 25, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $179.1M Q1 2024 Q2 2024: $183.4M Q2 2024 Q3 2024: $198.6M Q3 2024 Q4 2024: $190.7M Q4 2024 Q1 2025: $191.7M $191.7M Q1 2025 Q2 2025: $204.8M Q2 2025 Q3 2025: $228.0M Q3 2025 Q4 2025: $232.9M Q4 2025 Q1 2026: $238.1M Q1 2026

Holdings 573 stocks · $191.7M
SCHF Schwab Intl Equity ETF 11.23% 1,087,825 $21.5M Reduce -4.8%
FNDF Schwab Fndmn Intl LRG Co. ETF 7.69% 407,797 $14.7M Add +0.8%
IVV iShares Core S&P 500 ETF 5.89% 20,089 $11.3M Reduce -0.6%
VGLT Vanguard Long-Term Treasury 5.50% 182,968 $10.5M Add +4.2%
SCHE Schwab Emrg Mrkts Eqty ETF 4.66% 324,192 $8.9M Reduce -2.6%
SCHX Schwab US Large-Cap ETF 3.88% 336,350 $7.4M Reduce -2.8%
IEFA iShares Core MSCI Eafe ETF 3.81% 96,401 $7.3M No change
QUAL iShares MSCI USA Quality Fac 3.54% 39,747 $6.8M Add +0.2%
FNDX Schwab Fndmntl US LRG Co. ETF 2.95% 239,711 $5.7M Add +10.3%
IWD iShares Russell 1000 Value E 2.91% 29,683 $5.6M Add +0.4%
SCHO Schwab Short-Term US Treas 2.91% 229,221 $5.6M Add +21.4%
VTV Vanguard Mrngstr Val ETF-Aui 2.90% 32,226 $5.6M Reduce -0.1%
DGRO iShares Core Dividend Growth 2.39% 74,236 $4.6M Add +0.4%
SPYV SS SPDR P S&P 500 Value ETF 1.86% 69,965 $3.6M Reduce -4.3%
SCHP Schwab U.S. Tips ETF 1.73% 123,536 $3.3M Add +0.0%
VEA Vanguard Ftse Developed ETF 1.66% 62,713 $3.2M Add +69.4%
ACWX iShares MSCI Acwi Ex US ETF 1.32% 45,711 $2.5M No change
IWB iShares Russell 1000 ETF 1.30% 8,099 $2.5M Add +0.2%
SPTL SS SPDR PF LNG TRM TSY E-Usd 1.22% 86,101 $2.3M Reduce -9.6%
VWO Vanguard Ftse Emerging Marke 1.21% 51,262 $2.3M Add +0.1%
SCHB Schwab US Broad Market ETF 1.14% 101,718 $2.2M Reduce -15.7%
IEMG iShares Core MSCI Emerging 1.11% 39,518 $2.1M Reduce -0.5%
PXF Invesco Rafi Developed Marke 1.07% 39,279 $2.0M Add +0.6%
QDEF NT Qual Div Def ETF 1.03% 28,299 $2.0M Add +0.3%
SCHZ Schwab US Aggregate Bond ETF 1.01% 83,793 $1.9M Add +18.6%
FNDE Schwab Fndmntl Em MRK Eq ETF 0.98% 60,694 $1.9M No change
BND Vanguard Total Bond Market 0.91% 23,869 $1.8M Add +0.3%
VYM Vanguard High DVD Yield ETF 0.89% 13,155 $1.7M Add +0.2%
MSFT Microsoft Corp. 0.84% 4,267 $1.6M Reduce -1.1%
IWM iShares Russell 2000 ETF 0.75% 7,179 $1.4M Reduce -4.7%
DFUS Dimensional US Eq MKT ETF 0.73% 23,112 $1.4M Add +0.1%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.70% 7,216 $1.3M Reduce -4.5%
VGSH Vanguard Short-Term Treasury 0.68% 22,177 $1.3M Add +0.5%
AAPL Apple Inc. 0.66% 5,668 $1.3M Reduce -2.8%
QDF NT Qual Div ETF 0.66% 18,392 $1.3M Add +0.3%
EEM iShares MSCI Emerging Market 0.65% 28,484 $1.2M No change
IQDF NT Intl Qual Div ETF 0.60% 46,335 $1.2M Add +0.4%
EFA iShares MSCI Eafe ETF 0.58% 13,601 $1.1M No change
FNDB Schwab Fndmntl US BRD Mr ETF 0.56% 46,276 $1.1M Add +0.2%
SPY SS SPDR S&P 500 ETF Trust-US 0.55% 1,897 $1.1M Reduce -0.4%
AGG iShares Core U.S. Aggregate 0.53% 10,281 $1.0M Reduce -25.4%
VEU Vanguard Ftse All-World Ex-U 0.49% 15,629 $948K Add +0.3%
SCHK Schwab 1000 Index ETF 0.49% 34,934 $940K Add +0.1%
SCHA Schwab US Small-Cap ETF 0.46% 37,941 $889K Reduce -4.9%
AMZN Amazon.com Inc. 0.46% 4,609 $877K Add +0.1%
SUB iShares Short-Term National 0.44% 8,005 $845K Add +7.9%
AEM Agnico Eagle Mines Ltd. 0.41% 7,269 $788K No change
VTEB Vanguard Tax-Exempt Bond ETF 0.39% 15,158 $752K Add +0.3%
XAR SS SPDR S&P Aerospace Def 0.38% 4,586 $737K Add +0.1%
DFUV Dimensional US Marketwide Va 0.38% 17,856 $736K No change
SLYV SS SPDR S&P 600 SC Val ETF 0.34% 8,198 $643K Reduce -10.9%
IWP iShares Russell Mid-Cap Grow 0.33% 5,310 $624K No change
PXH Inves Rafi Emer MRKT-Usd Inc. 0.32% 27,916 $607K Add +0.5%
ORCL Oracle Corp. 0.30% 4,152 $580K Reduce -3.6%
ILCB iShares Morningstar U.S. Equ 0.29% 7,315 $565K No change
IWS iShares Russell Mid-Cap Valu 0.29% 4,342 $547K No change
VIG Vanguard Dividend Apprec ETF 0.27% 2,708 $525K Add +0.3%
ILCG iShares Morningstar Growth E 0.26% 6,074 $492K No change
DVY iShares Select Dividend ETF 0.25% 3,633 $488K Add +0.1%
EFV iShares MSCI Eafe Value ETF 0.24% 7,795 $459K No change
GOOG Alphabet Inc. Class C 0.23% 2,840 $444K No change
VTWO Vanguard Russell 2000 ETF 0.22% 5,228 $422K Add +19.2%
VONE Vanguard Russell 1000 0.17% 1,290 $328K Reduce -5.4%
VTI VG Morningstar TS MKT ETF-US 0.17% 1,187 $326K Reduce -0.8%
DFIV Dimensional International Va 0.15% 7,288 $287K No change
GOOGL Alphabet Inc. Class A 0.14% 1,726 $267K Reduce -22.5%
VCR Vanguard Consumer Discre ETF 0.14% 819 $266K No change
BSV Vanguard Short-Term Bond ETF 0.12% 2,989 $234K Add +0.5%
IWO iShares Russell 2000 Growth 0.12% 892 $228K No change
DFSI Dimensional Int Sus COR1 ETF 0.11% 6,203 $216K No change
EMB iShares JP Morgan Usd Emergi 0.11% 2,278 $206K Add +0.9%
BRK.B Berkshire Hathaway Inc. Class B 0.10% 376 $200K No change
TIP iShares Tips Bond ETF 0.10% 1,802 $200K No change
META Meta Platforms Inc. Class A 0.10% 337 $194K No change
SCZ iShares MSCI Eafe Small-Cap 0.10% 2,953 $188K No change
DFSU Dimensional US Sus CORE1 ETF 0.09% 4,765 $171K No change
MUB iShares National Muni Bond E 0.09% 1,600 $169K Add +503.8%
DFAT Dimensional US Target Value 0.09% 3,175 $163K No change
IJR iShares Core S&P Small-Cap E 0.08% 1,545 $162K No change
DFAS Dimensional US Small Cap ETF 0.08% 2,689 $161K No change
IWN iShares Russell 2000 Value E 0.08% 1,039 $157K Add +0.3%
PG The Procter & Gamble Co. 0.08% 867 $148K No change
SCHY Schwab International DVD ETF 0.07% 5,595 $142K Add +0.6%
V Visa Inc. Class A 0.07% 402 $141K No change
IQLT iShares MSCI International Q 0.07% 3,400 $135K No change
PHYS Sprott Physical Gold Trust 0.07% 5,600 $135K No change
FNDA Schwab Fndmntl US SM Co. ETF 0.07% 4,712 $129K Add +0.1%
WMT Walmart Inc. 0.07% 1,449 $127K No change
IVW iShares S&P 500 Growth ETF 0.06% 1,316 $122K No change
XOM Exxon Mobil Corp. 0.06% 910 $108K Reduce -1.5%
YUM Yum! Brands Inc. 0.06% 683 $108K No change
IEO iShares U.S. Oil & Gas Explo 0.06% 1,133 $107K Add +0.5%
JPM JPMorgan Chase & Co. 0.05% 411 $101K No change
AVGO Broadcom Inc. 0.05% 576 $96K Reduce -18.6%
SCHD Schwab US DVD Equity ETF 0.05% 3,274 $92K Add +0.4%
T AT&T Inc. 0.04% 2,781 $79K No change
FCBC First Community Bankshares 0.04% 2,075 $78K No change
JNJ Johnson & Johnson 0.04% 455 $75K No change
ADP Automatic Data Processing 0.04% 242 $74K No change
LOW Lowe's Cos Inc. 0.04% 313 $73K Reduce -1.6%

Show all 573 holdings

Options reported separately and not counted above: BAC puts ($2.1M).

Lines left out (5) · $157 — a value with no share or principal amount
SecurityClassSharesValue
JLL Jones Lang Lasalle Inc. COM0$73
IUSG iShares Core S&P U.S. Growth CORE S&P US GWT0$58
SMH Vaneck Semiconductor ETF SEMICONDUCTR ETF0$11
PNFP Pinnacle Financial Partners COM0$8
VUG Vanguard Mrngstar GR ETF-Sui GROWTH ETF0$7

Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.

Total filed on the 13F, all lines: $191.7M.

Portfolio Sells Q4 2024 → Q1 2025
HD Home Depot Inc. Reduce -98.2% 0.02% −0.86
SCHX Schwab US Large-Cap ETF Reduce -2.8% 3.88% −0.36
IVV iShares Core S&P 500 ETF Reduce -0.6% 5.89% −0.35
SCHB Schwab US Broad Market ETF Reduce -15.7% 1.14% −0.29
AGG iShares Core U.S. Aggregate Reduce -25.4% 0.53% −0.17
IWM iShares Russell 2000 ETF Reduce -4.7% 0.75% −0.13
MSFT Microsoft Corp. Reduce -1.1% 0.84% −0.12
AAPL Apple Inc. Reduce -2.8% 0.66% −0.11
SCHA Schwab US Small-Cap ETF Reduce -4.9% 0.46% −0.10
SPYV SS SPDR P S&P 500 Value ETF Reduce -4.3% 1.86% −0.09
SLYV SS SPDR S&P 600 SC Val ETF Reduce -10.9% 0.34% −0.09
URA Global X Uranium ETF Reduce -99.4% 0.00% −0.08
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -4.5% 0.70% −0.08
SPTL SS SPDR PF LNG TRM TSY E-Usd Reduce -9.6% 1.22% −0.08
GOOGL Alphabet Inc. Class A Reduce -22.5% 0.14% −0.08
ORCL Oracle Corp. Reduce -3.6% 0.30% −0.07
RSP Invesco S&P 500 Equal Weight Reduce -83.7% 0.01% −0.05
AVGO Broadcom Inc. Reduce -18.6% 0.05% −0.04
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.4% 0.55% −0.03
TSLA Tesla Inc. Reduce -83.3% 0.00% −0.03
DIS The Walt Disney Co. Reduce -70.6% 0.01% −0.02
ONEQ Fidelity Nasdaq Comp Indx Reduce -99.6% 0.00% −0.02
VZ Verizon Communications Inc. Reduce -80.2% 0.01% −0.02
VONE Vanguard Russell 1000 Reduce -5.4% 0.17% −0.02
QQQ Invesco QQQ Trust Series 1 Reduce -37.9% 0.02% −0.02
NVO Novo-Nordisk A/S-Spons ADR Reduce -34.4% 0.02% −0.02
AMLP Alerian MLP ETF Sold out 0.00% −0.02
DRIV Global X Autonomous&elec-ETF Sold out 0.00% −0.01
VTI VG Morningstar TS MKT ETF-US Reduce -0.8% 0.17% −0.01
TBF Proshares Short 20+ Treasury Sold out 0.00% −0.01
ACN Accenture PLC Class A Reduce -14.3% 0.03% −0.01
GAB Gabelli Equity Trust Sold out 0.00% −0.01
SCHG Schwab US Large-Cap Growth Reduce -99.8% 0.00% −0.01
NVDA Nvidia Corp. Reduce -0.4% 0.03% −0.01
GE General Electric Reduce -62.8% 0.01% −0.01
IBTX Independent Bank Group Inc. Sold out 0.00% −0.00
FTEC Fidelity MSCI Info Tech Indx Reduce -98.0% 0.00% −0.00
VFC VF Corp. Sold out 0.00% −0.00
VST Vistra Corp. Reduce -6.3% 0.01% −0.00
MDLZ Mondelez International Inc. Class A Sold out 0.00% −0.00
CCI Crown Castle Inc. Reduce -72.2% 0.00% −0.00
KTB Kontoor Brands Inc. Reduce -50.4% 0.00% −0.00
BAX Baxter International Inc. Sold out 0.00% −0.00
BEN Franklin Templeton Inc. Sold out 0.00% −0.00
LOW Lowe's Cos Inc. Reduce -1.6% 0.04% −0.00
SBAC SBA Communications Corp. Reduce -71.4% 0.00% −0.00
XMMO Invesco S&P Midcap Momentum Sold out 0.00% −0.00
UNH Unitedhealth Group Inc. Reduce -14.7% 0.02% −0.00
BIIB Biogen Inc. Reduce -72.9% 0.00% −0.00
IWF iShares Russell 1000 Growth Reduce -33.3% 0.00% −0.00

Portfolio Buys Q4 2024 → Q1 2025
VEA Vanguard Ftse Developed ETF Add +69.4% 1.66% +0.73
FNDF Schwab Fndmn Intl LRG Co. ETF Add +0.8% 7.69% +0.64
SCHO Schwab Short-Term US Treas Add +21.4% 2.91% +0.53
VGLT Vanguard Long-Term Treasury Add +4.2% 5.50% +0.41
FNDX Schwab Fndmntl US LRG Co. ETF Add +10.3% 2.95% +0.26
SCHZ Schwab US Aggregate Bond ETF Add +18.6% 1.01% +0.17
PXF Invesco Rafi Developed Marke Add +0.6% 1.07% +0.08
MUB iShares National Muni Bond E Add +503.8% 0.09% +0.07
SCHP Schwab U.S. Tips ETF Add +0.0% 1.73% +0.06
IWD iShares Russell 1000 Value E Add +0.4% 2.91% +0.04
IQDF NT Intl Qual Div ETF Add +0.4% 0.60% +0.04
SUB iShares Short-Term National Add +7.9% 0.44% +0.03
VWO Vanguard Ftse Emerging Marke Add +0.1% 1.21% +0.03
VEU Vanguard Ftse All-World Ex-U Add +0.3% 0.49% +0.03
PXH Inves Rafi Emer MRKT-Usd Inc. Add +0.5% 0.32% +0.02
BND Vanguard Total Bond Market Add +0.3% 0.91% +0.02
DGRO iShares Core Dividend Growth Add +0.4% 2.39% +0.02
VTWO Vanguard Russell 2000 ETF Add +19.2% 0.22% +0.01
PFE Pfizer Inc. New 0.01% +0.01
SCHY Schwab International DVD ETF Add +0.6% 0.07% +0.01
VYM Vanguard High DVD Yield ETF Add +0.2% 0.89% +0.01
VGSH Vanguard Short-Term Treasury Add +0.5% 0.68% +0.01
SHOP Shopify Inc. Class A New 0.01% +0.01
ELV Elevance Health Inc. New 0.01% +0.01
AMT American Tower Corp. New 0.01% +0.01
DHR Danaher Corp. Add +600.0% 0.01% +0.01
DVY iShares Select Dividend ETF Add +0.1% 0.25% +0.00
IBM Intl Business Machines Corp. Add +5.1% 0.03% +0.00
SSB Southstate Bank Corp. New 0.00% +0.00
CBOE Cboe Global Markets Inc. New 0.00% +0.00
O Realty Income Corp. New 0.00% +0.00
SHEL Shell PLC-ADR Add +0.8% 0.02% +0.00
INTC Intel Corp. New 0.00% +0.00
AGNC AGNC Investment Corp. New 0.00% +0.00
IEO iShares U.S. Oil & Gas Explo Add +0.5% 0.06% +0.00
SON Sonoco Products Co. New 0.00% +0.00
AEP American Electric Power Add +204.6% 0.00% +0.00
HUN Huntsman Corp. New 0.00% +0.00
LEA Lear Corp. New 0.00% +0.00
F Ford Motor Co. New 0.00% +0.00
NEOG Neogen Corp. New 0.00% +0.00
EMB iShares JP Morgan Usd Emergi Add +0.9% 0.11% +0.00
BG Bunge Global SA New 0.00% +0.00
AVTR Avantor Inc. New 0.00% +0.00
MATV Mativ Holdings Inc. New 0.00% +0.00
POR Portland General Electric Co. New 0.00% +0.00
WNC Wabash National Corp. New 0.00% +0.00
ENTA Enanta Pharmaceuticals Inc. New 0.00% +0.00
NVRO Nevro LLC New 0.00% +0.00
UTMD Utah Medical Products Inc. New 0.00% +0.00

Options Activity Q4 2024 → Q1 2025
BAC Bank of America Corp. put Reduce -4.0% 50,000 $2.1M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q4 2024 → Q1 2025
JLL Jones Lang Lasalle Inc. COM Reduce -100.0% 0 $73
IUSG iShares Core S&P U.S. Growth CORE S&P US GWT Reduce -100.0% 0 $58
SMH Vaneck Semiconductor ETF SEMICONDUCTR ETF Reduce -100.0% 0 $11
PNFP Pinnacle Financial Partners COM Reduce -100.0% 0 $8
VUG Vanguard Mrngstar GR ETF-Sui GROWTH ETF Reduce -100.0% 0 $7
XCMUX MFS High Yield Municipal TR SH BEN INT Reduce -100.0% 0 $0

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q1 2026 587$238.1MSCHF, FNDF, IVV, SCHE, IEFA
Q4 2025 596$232.9MSCHF, FNDF, IVV, SCHE, IEFA
Q3 2025 585$228.0MSCHF, FNDF, IVV, SCHE, IEFA
Q2 2025 590$204.8MSCHF, FNDF, IVV, VGLT, SCHE
Q1 2025 573$191.7MSCHF, FNDF, IVV, VGLT, SCHE
Q4 2024 582$190.7MSCHF, FNDF, IVV, VGLT, SCHE
Q3 2024 564$198.6MSCHF, FNDF, IVV, VGLT, SCHE
Q2 2024 572$183.4MSCHF, FNDF, IVV, SCHE, VGLT
Q1 2024 555$179.1MSCHF, FNDF, IVV, VGLT, SCHE