Red Wave Investments LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 31, 2025), Red Wave Investments LLC reported 109 stock positions worth $304.1 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 14.0% of the portfolio, followed by Vanguard Ultra Short Bond Et (VUSB, 10.3%) and Invesco QQQ Trust Series 1 (QQQ, 6.2%). Compared with Q1 2025, it opened 14 new positions, sold out of 3, added to 25 and reduced 39. The biggest buy was a new position in Vanguard 0-3M T-Bill ETF (VBIL) and the biggest sale Vanguard Ultra Short Bond Et (VUSB, shares −1%).

Most Recent 13F
Q2 2026
Location
DILLSBURG, PA
CIK
0001846493
Portfolio Value
$304.1M (Q2 2025)
SEC Filing
0001420506-25-001630 ↗ filed Jul 31, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $266.5M Q1 2024 Q2 2024: $271.1M Q2 2024 Q3 2024: $286.8M Q3 2024 Q4 2024: $285.8M Q4 2024 Q1 2025: $278.8M Q1 2025 Q2 2025: $304.1M $304.1M Q2 2025 Q3 2025: $325.9M Q3 2025 Q4 2025: $336.2M Q4 2025 Q1 2026: $334.6M Q1 2026 Q2 2026: $393.5M Q2 2026

Holdings 109 stocks · $304.1M
VTI VG Morningstar TS MKT ETF-US 13.98% 139,901 $42.5M Reduce -4.5%
VUSB Vanguard Ultra Short Bond Et 10.27% 626,285 $31.2M Reduce -0.9%
QQQ Invesco QQQ Trust Series 1 6.24% 34,421 $19.0M Reduce -6.1%
SGOV iShares 0-3 Month Treasury B 5.74% 173,475 $17.5M Add +5.1%
VT Vanguard Tot World STK ETF 5.17% 122,316 $15.7M Add +0.9%
VTV Vanguard Mrngstr Val ETF-Aui 3.59% 61,685 $10.9M Reduce -1.9%
VO Vngrd Mrngstr MD-Cap ETF-Usd 3.46% 37,619 $10.5M Add +0.1%
VB Vanguard Most SM-Cap ETF-Usd 3.27% 41,986 $9.9M Add +0.3%
IVV iShares Core S&P 500 ETF 3.25% 15,899 $9.9M Reduce -0.7%
DFAC Dimensional US Core Equity 2 3.14% 266,269 $9.5M Reduce -1.2%
VBIL Vanguard 0-3M T-Bill ETF 2.24% 90,205 $6.8M New
VV Vngrd Mrgstr LRG-Cap ETF-Usd 2.05% 21,825 $6.2M Reduce -0.8%
IDEV iShares Core MSCI Dev MKTS 1.96% 78,288 $6.0M Reduce -0.1%
VXUS Vanguard Total Intl Stock 1.81% 79,771 $5.5M Reduce -2.6%
VNQ Vanguard Real Estate ETF 1.75% 59,754 $5.3M Reduce -5.9%
SPDW Ste STR SPDR PT DW Eu ETF 1.75% 131,420 $5.3M Add +2.6%
NVDA Nvidia Corp. 1.68% 32,417 $5.1M Reduce -7.0%
SPEM State Street SP PTF Em ETF 1.66% 118,062 $5.0M Reduce -1.7%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 1.65% 45,688 $5.0M Reduce -0.9%
AAPL Apple Inc. 1.59% 23,517 $4.8M Reduce -0.1%
MSFT Microsoft Corp. 1.31% 8,029 $4.0M Reduce -2.4%
BIV Vanguard Intermediate-Term B 1.23% 48,327 $3.7M Reduce -2.9%
VUG Vanguard Mrngstar GR ETF-Sui 0.96% 6,662 $2.9M Reduce -9.3%
VWO Vanguard Ftse Emerging Marke 0.88% 53,924 $2.7M Reduce -0.8%
BNDX Vanguard Total Intl Bond ETF 0.86% 52,743 $2.6M Reduce -4.8%
AMZN Amazon.com Inc. 0.78% 10,769 $2.4M Reduce -11.5%
VSS Vanguard Ftse All Wo X-US SC 0.74% 16,791 $2.3M Reduce -0.3%
HD Home Depot Inc. 0.74% 6,148 $2.3M No change
JNK SS SPDR BB High Yield Bond 0.73% 22,927 $2.2M Reduce -2.0%
LQDH iShares Int Hedg Corp. BD ETF 0.69% 22,758 $2.1M Reduce -4.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.67% 3,288 $2.0M Add +3.1%
IVLU iShares MSCI International V 0.65% 60,155 $2.0M Reduce -0.4%
COST Costco Wholesale Corp. 0.60% 1,853 $1.8M No change
BRK.B Berkshire Hathaway Inc. Class B 0.56% 3,535 $1.7M Add +2.8%
WMT Walmart Inc. 0.55% 17,175 $1.7M No change
MA Mastercard Inc. Class A 0.51% 2,743 $1.5M Reduce -0.5%
BND Vanguard Total Bond Market 0.47% 19,490 $1.4M Reduce -7.5%
JPM JPMorgan Chase & Co. 0.46% 4,800 $1.4M Add +0.4%
GOOGL Alphabet Inc. Class A 0.45% 7,728 $1.4M Reduce -0.2%
AVGO Broadcom Inc. 0.40% 4,434 $1.2M No change
META Meta Platforms Inc. Class A 0.40% 1,655 $1.2M Add +0.2%
XOM Exxon Mobil Corp. 0.36% 10,079 $1.1M Add +1.1%
V Visa Inc. Class A 0.33% 2,817 $1.0M No change
BSV Vanguard Short-Term Bond ETF 0.32% 12,181 $959K No change
DFAX Dimensional World Ex US Core 0.28% 28,765 $845K Reduce -1.2%
PCY Invesco Emerging Markets Sov 0.27% 40,551 $828K Reduce -5.9%
CSCO Cisco Systems Inc. 0.25% 11,047 $766K Add +0.1%
TSLA Tesla Inc. 0.25% 2,392 $760K Reduce -4.0%
GOOG Alphabet Inc. Class C 0.25% 4,270 $757K No change
TIP iShares Tips Bond ETF 0.23% 6,360 $700K Reduce -0.1%
ICSH iShares Ultra Short Duration 0.23% 13,734 $696K Reduce -0.7%
JNJ Johnson & Johnson 0.22% 4,450 $680K Add +39.9%
CHD Church & Dwight Co. Inc. 0.22% 7,005 $673K Add +0.1%
NFLX Netflix Inc. 0.22% 489 $655K No change
MRK Merck & Co. Inc. 0.20% 7,578 $600K No change
SNOW Snowflake Inc. 0.20% 2,655 $594K Reduce -12.4%
SO The Southern Co. 0.18% 6,007 $552K Add +0.6%
ABBV Abbvie Inc. 0.18% 2,958 $549K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.16% 2,527 $493K Reduce -1.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.16% 9,991 $473K No change
LLY Eli Lilly & Co. 0.15% 592 $461K Reduce -0.8%
WM Waste Management Inc. 0.15% 1,956 $447K Add +0.6%
HON Honeywell International Inc. 0.15% 1,906 $444K Add +0.8%
ACN Accenture PLC Class A 0.14% 1,473 $440K Add +1.4%
AMD Advanced Micro Devices 0.14% 2,961 $420K No change
NVO Novo-Nordisk A/S-Spons ADR 0.14% 5,956 $411K Add +1.1%
IGHG Proshares Ig Hedged 0.13% 5,075 $398K No change
DKS Dick's Sporting Goods Inc. 0.13% 2,003 $396K No change
T AT&T Inc. 0.12% 13,118 $380K Add +0.4%
ADBE Adobe Inc. 0.12% 941 $364K No change
PNC PNC Financial Services Group 0.12% 1,907 $356K Add +0.5%
PG The Procter & Gamble Co. 0.12% 2,219 $354K Reduce -10.1%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.11% 4,155 $335K No change
MU Micron Technology Inc. 0.11% 2,644 $326K No change
LMT Lockheed Martin Corp. 0.10% 683 $316K Add +0.3%
LDOS Leidos Holdings Inc. 0.10% 2,001 $316K No change
ABT Abbott Laboratories 0.10% 2,316 $315K No change
SBUX Starbucks Corp. 0.10% 3,433 $315K Add +0.1%
INTU Intuit Inc. 0.10% 389 $306K No change
KO The Coca-Cola Co. 0.10% 4,308 $305K Add +0.2%
VTIP Vanguard Short-Term Tips 0.10% 5,997 $301K No change
UNH Unitedhealth Group Inc. 0.10% 927 $289K Reduce -0.2%
DUK Duke Energy Corp. 0.09% 2,423 $286K Reduce -2.1%
VGK Vanguard Ftse Europe ETF 0.09% 3,616 $280K New
NOW ServiceNow Inc. 0.09% 265 $272K No change
TRV The Travelers Cos Inc. 0.09% 1,000 $268K No change
VST Vistra Corp. 0.09% 1,376 $267K New
BPOP Popular Inc. 0.09% 2,402 $265K No change
MCD McDonald's Corp. 0.08% 875 $256K Add +0.2%
CAT Caterpillar Inc. 0.08% 644 $250K Add +3.7%
USB US Bancorp 0.08% 5,384 $244K No change
BKNG Booking Holdings Inc. 0.08% 42 $243K New
GPI Group 1 Automotive Inc. 0.08% 545 $238K No change
BSX Boston Scientific Corp. 0.08% 2,197 $236K No change
PANW Palo Alto Networks Inc. 0.08% 1,150 $235K New
AMAT Applied Materials Inc. 0.08% 1,274 $233K New
ORCL Oracle Corp. 0.08% 1,066 $233K New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.07% 1,773 $220K New
CSX CSX Corp. 0.07% 6,723 $219K New
TXN Texas Instruments Inc. 0.07% 1,042 $216K New
LOW Lowe's Cos Inc. 0.07% 972 $216K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.07% 1,744 $215K No change
CMCSA Comcast Corp. Class A 0.07% 5,997 $214K Reduce -5.6%
KLAC KLA Corp. 0.07% 231 $207K New
MCO Moody's Corp. 0.07% 412 $207K New
MS Morgan Stanley 0.07% 1,452 $205K New
MMM 3M Co. 0.07% 1,335 $203K New
QSI Quantum-Si Inc. 0.02% 37,000 $73K No change
CLDI Calidi Biotherapeutics Inc. 0.01% 80,828 $19K No change

Portfolio Sells Q1 2025 → Q2 2025
VUSB Vanguard Ultra Short Bond Et Reduce -0.9% 10.27% −1.03
VTI VG Morningstar TS MKT ETF-US Reduce -4.5% 13.98% −0.46
VNQ Vanguard Real Estate ETF Reduce -5.9% 1.75% −0.31
VTV Vanguard Mrngstr Val ETF-Aui Reduce -1.9% 3.59% −0.31
AAPL Apple Inc. Reduce -0.1% 1.59% −0.29
LQD Ishr Ibx Usd Invgd CB ETF-Ui Reduce -0.9% 1.65% −0.15
BIV Vanguard Intermediate-Term B Reduce -2.9% 1.23% −0.14
BNDX Vanguard Total Intl Bond ETF Reduce -4.8% 0.86% −0.11
LQDH iShares Int Hedg Corp. BD ETF Reduce -4.4% 0.69% −0.10
BND Vanguard Total Bond Market Reduce -7.5% 0.47% −0.08
CVX Chevron Corp. Sold out 0.00% −0.08
UNH Unitedhealth Group Inc. Reduce -0.2% 0.10% −0.08
PEP Pepsico Inc. Sold out 0.00% −0.08
CRM Salesforce Inc. Sold out 0.00% −0.08
JNK SS SPDR BB High Yield Bond Reduce -2.0% 0.73% −0.07
AMZN Amazon.com Inc. Reduce -11.5% 0.78% −0.05
DFAC Dimensional US Core Equity 2 Reduce -1.2% 3.14% −0.05
PCY Invesco Emerging Markets Sov Reduce -5.9% 0.27% −0.04
SPEM State Street SP PTF Em ETF Reduce -1.7% 1.66% −0.04
MA Mastercard Inc. Class A Reduce -0.5% 0.51% −0.04
PG The Procter & Gamble Co. Reduce -10.1% 0.12% −0.03
LLY Eli Lilly & Co. Reduce -0.8% 0.15% −0.03
TIP iShares Tips Bond ETF Reduce -0.1% 0.23% −0.02
ICSH iShares Ultra Short Duration Reduce -0.7% 0.23% −0.02
VUG Vanguard Mrngstar GR ETF-Sui Reduce -9.3% 0.96% −0.02
DUK Duke Energy Corp. Reduce -2.1% 0.09% −0.01
CMCSA Comcast Corp. Class A Reduce -5.6% 0.07% −0.01
VXUS Vanguard Total Intl Stock Reduce -2.6% 1.81% −0.01
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -1.8% 0.16% −0.01
IVLU iShares MSCI International V Reduce -0.4% 0.65% −0.01
VWO Vanguard Ftse Emerging Marke Reduce -0.8% 0.88% −0.01
DFAX Dimensional World Ex US Core Reduce -1.2% 0.28% +0.00
GOOGL Alphabet Inc. Class A Reduce -0.2% 0.45% +0.02
TSLA Tesla Inc. Reduce -4.0% 0.25% +0.02
VV Vngrd Mrgstr LRG-Cap ETF-Usd Reduce -0.8% 2.05% +0.02
IVV iShares Core S&P 500 ETF Reduce -0.7% 3.25% +0.02
IDEV iShares Core MSCI Dev MKTS Reduce -0.1% 1.96% +0.02
SNOW Snowflake Inc. Reduce -12.4% 0.20% +0.04
VSS Vanguard Ftse All Wo X-US SC Reduce -0.3% 0.74% +0.04
QQQ Invesco QQQ Trust Series 1 Reduce -6.1% 6.24% +0.08
MSFT Microsoft Corp. Reduce -2.4% 1.31% +0.21
NVDA Nvidia Corp. Reduce -7.0% 1.68% +0.33

Portfolio Buys Q1 2025 → Q2 2025
VBIL Vanguard 0-3M T-Bill ETF New 2.24% +2.24
VT Vanguard Tot World STK ETF Add +0.9% 5.17% +0.13
VGK Vanguard Ftse Europe ETF New 0.09% +0.09
VST Vistra Corp. New 0.09% +0.09
BKNG Booking Holdings Inc. New 0.08% +0.08
PANW Palo Alto Networks Inc. New 0.08% +0.08
SPDW Ste STR SPDR PT DW Eu ETF Add +2.6% 1.75% +0.08
AMAT Applied Materials Inc. New 0.08% +0.08
ORCL Oracle Corp. New 0.08% +0.08
DIS The Walt Disney Co. New 0.07% +0.07
CSX CSX Corp. New 0.07% +0.07
TXN Texas Instruments Inc. New 0.07% +0.07
KLAC KLA Corp. New 0.07% +0.07
MCO Moody's Corp. New 0.07% +0.07
MS Morgan Stanley New 0.07% +0.07
MMM 3M Co. New 0.07% +0.07
META Meta Platforms Inc. Class A Add +0.2% 0.40% +0.06
JPM JPMorgan Chase & Co. Add +0.4% 0.46% +0.04
JNJ Johnson & Johnson Add +39.9% 0.22% +0.03
SPY SS SPDR S&P 500 ETF Trust-US Add +3.1% 0.67% +0.03
CAT Caterpillar Inc. Add +3.7% 0.08% +0.01
CSCO Cisco Systems Inc. Add +0.1% 0.25% +0.01
HON Honeywell International Inc. Add +0.8% 0.15% +0.00
PNC PNC Financial Services Group Add +0.5% 0.12% −0.00
LMT Lockheed Martin Corp. Add +0.3% 0.10% −0.01
T AT&T Inc. Add +0.4% 0.12% −0.01
KO The Coca-Cola Co. Add +0.2% 0.10% −0.01
NVO Novo-Nordisk A/S-Spons ADR Add +1.1% 0.14% −0.01
MCD McDonald's Corp. Add +0.2% 0.08% −0.01
WM Waste Management Inc. Add +0.6% 0.15% −0.01
SO The Southern Co. Add +0.6% 0.18% −0.02
SBUX Starbucks Corp. Add +0.1% 0.10% −0.02
ACN Accenture PLC Class A Add +1.4% 0.14% −0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +0.1% 3.46% −0.02
CHD Church & Dwight Co. Inc. Add +0.1% 0.22% −0.06
VB Vanguard Most SM-Cap ETF-Usd Add +0.3% 3.27% −0.06
XOM Exxon Mobil Corp. Add +1.1% 0.36% −0.07
BRK.B Berkshire Hathaway Inc. Class B Add +2.8% 0.56% −0.09
SGOV iShares 0-3 Month Treasury B Add +5.1% 5.74% −0.22

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 122$393.5MVTI, VUSB, QQQ, VBIL, VT
Q1 2026 111$334.6MVTI, VUSB, VBIL, QQQ, VT
Q4 2025 113$336.2MVTI, VUSB, QQQ, VBIL, VT
Q3 2025 108$325.9MVTI, VUSB, QQQ, VT, SGOV
Q2 2025 109$304.1MVTI, VUSB, QQQ, SGOV, VT
Q1 2025 98$278.8MVTI, VUSB, QQQ, SGOV, VT
Q4 2024 105$285.8MVTI, VUSB, QQQ, VT, VTV
Q3 2024 110$286.8MVTI, VUSB, QQQ, VT, VTV
Q2 2024 103$271.1MVTI, VUSB, QQQ, VT, VTV
Q1 2024 108$266.5MVTI, VUSB, QQQ, VT, VB