Redmond Asset Management, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 9, 2024), Redmond Asset Management, LLC reported 154 stock positions worth $303.7 million. Its top holding was Xpo (XPO) at 3.4% of the portfolio, followed by JPMorgan Chase (JPM, 2.9%) and Markel (MKL, 2.8%). Compared with Q1 2024, it opened 14 new positions, sold out of 10, added to 42 and reduced 84. The biggest buy was Insulet (PODD, shares +75%) and the biggest sale an exit from Atlantic Union Bankshares (AUB).
- Most Recent 13F
- Q2 2026
- Location
- HENRICO, VA
- CIK
- 0001567890
- Portfolio Value
- $303.7M (Q2 2024)
- SEC Filing
- 0001567890-24-000003 ↗ filed Aug 9, 2024
Holdings Value
Holdings 154 stocks · $303.7M
| XPO Xpo Inc. | 3.44% | 98,478 | $10.5M | Reduce -0.8% |
| JPM JPMorgan Chase & Co. | 2.87% | 43,084 | $8.7M | Reduce -7.8% |
| MKL Markel Group Inc. | 2.76% | 5,329 | $8.4M | Reduce -4.5% |
| SCHW Schwab (charles) Corp. | 2.59% | 106,730 | $7.9M | Reduce -3.4% |
| WSO Watsco Inc. | 2.45% | 16,072 | $7.4M | Reduce -4.0% |
| GOOGL Alphabet Inc. Class A | 2.45% | 40,807 | $7.4M | Reduce -1.6% |
| CCOI Cogent Communications Holdin | 2.40% | 129,118 | $7.3M | Reduce -0.5% |
| FISV Fiserv Inc. | 2.30% | 46,770 | $7.0M | Reduce -4.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.24% | 16,740 | $6.8M | Reduce -2.1% |
| NSSC Napco Security Technologies | 2.09% | 121,970 | $6.3M | Reduce -7.2% |
| AMZN Amazon.com Inc. | 1.80% | 28,242 | $5.5M | Reduce -0.7% |
| CPRT Copart Inc. | 1.78% | 100,019 | $5.4M | Reduce -3.9% |
| TXN Texas Instruments Inc. | 1.70% | 26,530 | $5.2M | Add +3.9% |
| JNJ Johnson & Johnson | 1.69% | 35,111 | $5.1M | Add +4.0% |
| MSFT Microsoft Corp. | 1.61% | 10,935 | $4.9M | Reduce -3.9% |
| INTU Intuit Inc. | 1.59% | 7,357 | $4.8M | Reduce -23.8% |
| V Visa Inc. Class A | 1.52% | 17,637 | $4.6M | Reduce -5.7% |
| PODD Insulet Corp. | 1.45% | 21,769 | $4.4M | Add +75.3% |
| KMX Carmax Inc. | 1.33% | 54,950 | $4.0M | Reduce -3.3% |
| BLKB Blackbaud Inc. | 1.29% | 51,504 | $3.9M | Add +19.3% |
| XYL Xylem Inc. | 1.24% | 27,843 | $3.8M | Reduce -4.5% |
| PAR Par Technology Corp. | 1.18% | 76,347 | $3.6M | Reduce -9.1% |
| FAST Fastenal Co. | 1.10% | 53,144 | $3.3M | Add +0.1% |
| TSCO Tractor Supply Company | 1.07% | 11,984 | $3.2M | Reduce -2.1% |
| ECL Ecolab Inc. | 1.03% | 13,167 | $3.1M | Reduce -2.0% |
| CVX Chevron Corp. | 1.00% | 19,489 | $3.0M | Add +12.6% |
| MA Mastercard Inc. Class A | 0.99% | 6,830 | $3.0M | Reduce -3.9% |
| UL Unilever PLC | 0.97% | 53,523 | $2.9M | Add +8.4% |
| COHR Coherent Corp. | 0.94% | 39,473 | $2.9M | Reduce -9.1% |
| BKNG Booking Holdings Inc. | 0.91% | 698 | $2.8M | Reduce -3.1% |
| D Dominion Energy Inc. | 0.91% | 56,287 | $2.8M | Add +0.8% |
| JEPI JPMorgan Equity Premium Inco | 0.87% | 46,371 | $2.6M | Add +3.7% |
| KMI Kinder Morgan Inc. | 0.86% | 132,103 | $2.6M | Reduce -15.8% |
| PEP Pepsico Inc. | 0.85% | 15,733 | $2.6M | Add +2.2% |
| ADSK Autodesk Inc. | 0.85% | 10,457 | $2.6M | Reduce -0.4% |
| GOOG Alphabet Inc. Class C | 0.84% | 13,865 | $2.5M | Reduce -2.9% |
| SPG Simon Property Group Inc. | 0.83% | 16,669 | $2.5M | Add +5.5% |
| VRSK Verisk Analytics Inc. | 0.82% | 9,264 | $2.5M | Reduce -0.9% |
| CP Canadian Pacific Kansas City | 0.81% | 31,153 | $2.5M | No change |
| BL Blackline Inc. | 0.80% | 50,374 | $2.4M | Reduce -8.5% |
| DLR Digital Realty Trust Inc. | 0.80% | 15,964 | $2.4M | Reduce -9.9% |
| KNX Knight-Swift Transportation | 0.78% | 47,425 | $2.4M | Reduce -7.8% |
| XRN Global Medical REIT Inc. | 0.78% | 259,852 | $2.4M | Add +5.6% |
| META Meta Platforms Inc. Class A | 0.76% | 4,596 | $2.3M | Add +0.3% |
| BV Brightview Holdings Inc. | 0.76% | 172,803 | $2.3M | Reduce -9.9% |
| HXL Hexcel Corp. | 0.75% | 36,267 | $2.3M | Reduce -5.3% |
| ERII Energy Recovery Inc. | 0.74% | 170,104 | $2.3M | Add +0.3% |
| MORN Morningstar Inc. | 0.74% | 7,640 | $2.3M | Reduce -8.3% |
| AZEK The Azek Co. Inc. | 0.74% | 53,321 | $2.2M | Reduce -7.1% |
| UPS United Parcel Service Class B | 0.73% | 16,304 | $2.2M | Add +6.2% |
| CSCO Cisco Systems Inc. | 0.71% | 45,531 | $2.2M | Reduce -0.2% |
| ADEA Adeia Inc. | 0.71% | 191,623 | $2.1M | Reduce -8.2% |
| BMI Badger Meter Inc. | 0.70% | 11,378 | $2.1M | Reduce -1.3% |
| ISRG Intuitive Surgical Inc. | 0.70% | 4,749 | $2.1M | Add +0.1% |
| TYL Tyler Technologies Inc. | 0.68% | 4,086 | $2.1M | Add +0.3% |
| DOW Dow Inc. | 0.67% | 38,212 | $2.0M | Add +30.6% |
| NXPI NXP Semiconductors NV | 0.66% | 7,457 | $2.0M | Reduce -50.4% |
| LEGH Legacy Housing Corp. | 0.66% | 86,798 | $2.0M | Reduce -8.3% |
| TMUS T-Mobile US Inc. | 0.64% | 11,059 | $1.9M | Reduce -2.4% |
| AAPL Apple Inc. | 0.64% | 9,206 | $1.9M | Add +7.6% |
| HCSG Healthcare Services Group | 0.61% | 173,852 | $1.8M | Reduce -3.3% |
| AVGO Broadcom Inc. | 0.60% | 1,139 | $1.8M | Reduce -18.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.59% | 10,363 | $1.8M | Add +12.7% |
| BX Blackstone Inc. | 0.58% | 14,186 | $1.8M | Reduce -4.7% |
| DHR Danaher Corp. | 0.55% | 6,732 | $1.7M | Reduce -5.4% |
| VLTO Veralto Corp. | 0.54% | 17,207 | $1.6M | Add +1.6% |
| AMAT Applied Materials Inc. | 0.54% | 6,891 | $1.6M | Reduce -3.9% |
| LMT Lockheed Martin Corp. | 0.53% | 3,470 | $1.6M | Add +32.1% |
| CRM Salesforce Inc. | 0.52% | 6,149 | $1.6M | Reduce -7.0% |
| CME Cme Group Inc. | 0.51% | 7,890 | $1.6M | New |
| TRS Trimas Corp. | 0.50% | 59,703 | $1.5M | Reduce -8.0% |
| ICLR Icon PLC | 0.50% | 4,856 | $1.5M | No change |
| NOW ServiceNow Inc. | 0.50% | 1,931 | $1.5M | Reduce -5.1% |
| USB US Bancorp | 0.49% | 37,448 | $1.5M | Reduce -1.1% |
| BA The Boeing Co. | 0.49% | 8,162 | $1.5M | Add +4.2% |
| VZ Verizon Communications Inc. | 0.49% | 35,988 | $1.5M | Add +21.8% |
| BIPC Brookfield Infrastructure-A | 0.48% | 43,421 | $1.5M | Add +5.2% |
| ACN Accenture PLC Class A | 0.47% | 4,697 | $1.4M | No change |
| TRUP Trupanion Inc. | 0.45% | 46,870 | $1.4M | Add +0.2% |
| CCI Crown Castle Inc. | 0.45% | 14,037 | $1.4M | Add +9.7% |
| SLAB Silicon Laboratories Inc. | 0.45% | 12,382 | $1.4M | Reduce -5.5% |
| RLI Rli Corp. | 0.43% | 9,312 | $1.3M | Reduce -8.0% |
| MRK Merck & Co. Inc. | 0.42% | 10,389 | $1.3M | Reduce -0.8% |
| CSGP Costar Group Inc. | 0.42% | 17,105 | $1.3M | Reduce -8.4% |
| MEDP Medpace Holdings Inc. | 0.42% | 3,074 | $1.3M | Reduce -1.4% |
| PAYX Paychex Inc. | 0.41% | 10,502 | $1.2M | Add +4.2% |
| BLK BlackRock Finance Inc. | 0.40% | 1,555 | $1.2M | Add +5.2% |
| MCO Moody's Corp. | 0.39% | 2,841 | $1.2M | Reduce -5.5% |
| MMM 3M Co. | 0.39% | 11,649 | $1.2M | Add +26.8% |
| FORM Formfactor Inc. | 0.39% | 19,499 | $1.2M | No change |
| WSC Willscot Holdings Corp. | 0.38% | 30,625 | $1.2M | Reduce -4.2% |
| FELE Franklin Electric Co. Inc. | 0.38% | 11,833 | $1.1M | Reduce -7.3% |
| AMBA Ambarella Inc. | 0.36% | 20,200 | $1.1M | Add +191.0% |
| XPEL Xpel Inc. | 0.36% | 30,489 | $1.1M | Reduce -7.2% |
| PG The Procter & Gamble Co. | 0.36% | 6,541 | $1.1M | No change |
| TSLA Tesla Inc. | 0.35% | 5,322 | $1.1M | Add +1.2% |
| SITE Siteone Landscape Supply Inc. | 0.32% | 7,984 | $969K | Reduce -0.6% |
| SLP Simulations Plus Inc. | 0.32% | 19,770 | $961K | Reduce -7.0% |
| NVR NVR Inc. | 0.31% | 125 | $949K | Reduce -1.6% |
| FTV Fortive Corp. | 0.31% | 12,758 | $945K | Reduce -1.7% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $17K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BCTXW Briacell Therapeutics -CW27 | *W EXP 02/26/202 | 75,000 | $17K | No change |
Total filed on the 13F, all lines: $303.7M.
Portfolio Sells Q1 2024 → Q2 2024
| AUB Atlantic Union Bankshares Co. | Sold out | 0.00% | −0.55 |
| NXPI NXP Semiconductors NV | Reduce -50.4% | 0.66% | −0.52 |
| XPO Xpo Inc. | Reduce -0.8% | 3.44% | −0.41 |
| INTU Intuit Inc. | Reduce -23.8% | 1.59% | −0.40 |
| BL Blackline Inc. | Reduce -8.5% | 0.80% | −0.33 |
| CCOI Cogent Communications Holdin | Reduce -0.5% | 2.40% | −0.29 |
| APLD Applied Digital Corp. | Sold out | 0.00% | −0.28 |
| KMX Carmax Inc. | Reduce -3.3% | 1.33% | −0.25 |
| KEYS Keysight Technologies Inc. | Sold out | 0.00% | −0.21 |
| XPEL Xpel Inc. | Reduce -7.2% | 0.36% | −0.21 |
| FISV Fiserv Inc. | Reduce -4.1% | 2.30% | −0.18 |
| IDYA Ideaya Biosciences Inc. | Sold out | 0.00% | −0.18 |
| AZEK The Azek Co. Inc. | Reduce -7.1% | 0.74% | −0.18 |
| CLF Cleveland-Cliffs Inc. | Reduce -8.1% | 0.30% | −0.16 |
| CSGP Costar Group Inc. | Reduce -8.4% | 0.42% | −0.16 |
| SLAB Silicon Laboratories Inc. | Reduce -5.5% | 0.45% | −0.15 |
| HXL Hexcel Corp. | Reduce -5.3% | 0.75% | −0.14 |
| ANVS Annovis Bio | Sold out | 0.00% | −0.14 |
| V Visa Inc. Class A | Reduce -5.7% | 1.52% | −0.13 |
| WRAP Wrap Technologies Inc. | Sold out | 0.00% | −0.13 |
| CPRT Copart Inc. | Reduce -3.9% | 1.78% | −0.13 |
| SITE Siteone Landscape Supply Inc. | Reduce -0.6% | 0.32% | −0.13 |
| KNX Knight-Swift Transportation | Reduce -7.8% | 0.78% | −0.12 |
| DYN Dyne Therapeutics Inc. | Sold out | 0.00% | −0.11 |
| CRM Salesforce Inc. | Reduce -7.0% | 0.52% | −0.11 |
| HCSG Healthcare Services Group | Reduce -3.3% | 0.61% | −0.11 |
| JPM JPMorgan Chase & Co. | Reduce -7.8% | 2.87% | −0.10 |
| MA Mastercard Inc. Class A | Reduce -3.9% | 0.99% | −0.10 |
| WSC Willscot Holdings Corp. | Reduce -4.2% | 0.38% | −0.09 |
| BCTX Briacell Therapeutics Corp. | Reduce -13.3% | 0.04% | −0.08 |
| PGNY Progyny Inc. | Reduce -5.4% | 0.21% | −0.08 |
| MORN Morningstar Inc. | Reduce -8.3% | 0.74% | −0.07 |
| FDIQ Inv BLB Fin Data PRV ETF-Usi | Sold out | 0.00% | −0.07 |
| KRNT Kornit Digital Ltd. | Sold out | 0.00% | −0.06 |
| LVO Liveone Inc. | Reduce -10.7% | 0.17% | −0.06 |
| FELE Franklin Electric Co. Inc. | Reduce -7.3% | 0.38% | −0.06 |
| LTRN Lantern Pharma Inc. | Reduce -2.0% | 0.06% | −0.05 |
| KMI Kinder Morgan Inc. | Reduce -15.8% | 0.86% | −0.05 |
| TRS Trimas Corp. | Reduce -8.0% | 0.50% | −0.05 |
| USB US Bancorp | Reduce -1.1% | 0.49% | −0.05 |
| RLI Rli Corp. | Reduce -8.0% | 0.43% | −0.05 |
| BX Blackstone Inc. | Reduce -4.7% | 0.58% | −0.04 |
| FTV Fortive Corp. | Reduce -1.7% | 0.31% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.1% | 2.24% | −0.04 |
| VGZ Vista Gold Corp. | Reduce -8.5% | 0.15% | −0.04 |
| INTC Intel Corp. | Reduce -2.3% | 0.10% | −0.04 |
| WTS Watts Water Technologies-A | Reduce -8.3% | 0.17% | −0.04 |
| JBTM JBT Marel Corp. | Reduce -6.1% | 0.26% | −0.03 |
| LEA Lear Corp. | Reduce -0.4% | 0.14% | −0.03 |
| PAR Par Technology Corp. | Reduce -9.1% | 1.18% | −0.03 |
Portfolio Buys Q1 2024 → Q2 2024
| PODD Insulet Corp. | Add +75.3% | 1.45% | +0.77 |
| CME Cme Group Inc. | New | 0.51% | +0.51 |
| SBUX Starbucks Corp. | New | 0.30% | +0.30 |
| TXN Texas Instruments Inc. | Add +3.9% | 1.70% | +0.29 |
| BLKB Blackbaud Inc. | Add +19.3% | 1.29% | +0.27 |
| AMBA Ambarella Inc. | Add +191.0% | 0.36% | +0.25 |
| IWF iShares Russell 1000 Growth | New | 0.20% | +0.20 |
| UL Unilever PLC | Add +8.4% | 0.97% | +0.18 |
| AAPL Apple Inc. | Add +7.6% | 0.64% | +0.17 |
| LMT Lockheed Martin Corp. | Add +32.1% | 0.53% | +0.15 |
| CVX Chevron Corp. | Add +12.6% | 1.00% | +0.14 |
| DOW Dow Inc. | Add +30.6% | 0.67% | +0.13 |
| TYL Tyler Technologies Inc. | Add +0.3% | 0.68% | +0.13 |
| NCLH Norwegian Cruise Line Holdin | New | 0.11% | +0.11 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.10% | +0.10 |
| AOK iShares Core 30/70 Conservat | New | 0.10% | +0.10 |
| VZ Verizon Communications Inc. | Add +21.8% | 0.49% | +0.09 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | New | 0.09% | +0.09 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | New | 0.09% | +0.09 |
| ISRG Intuitive Surgical Inc. | Add +0.1% | 0.70% | +0.09 |
| XRN Global Medical REIT Inc. | Add +5.6% | 0.78% | +0.09 |
| MMM 3M Co. | Add +26.8% | 0.39% | +0.08 |
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.08% | +0.08 |
| VWO Vanguard Ftse Emerging Marke | New | 0.07% | +0.07 |
| ZTS Zoetis Inc. | New | 0.07% | +0.07 |
| VOO Vanguard S&P 500 ETF | New | 0.07% | +0.07 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | New | 0.07% | +0.07 |
| IJR iShares Core S&P Small-Cap E | New | 0.07% | +0.07 |
| VLTO Veralto Corp. | Add +1.6% | 0.54% | +0.06 |
| META Meta Platforms Inc. Class A | Add +0.3% | 0.76% | +0.06 |
| TSLA Tesla Inc. | Add +1.2% | 0.35% | +0.05 |
| SPG Simon Property Group Inc. | Add +5.5% | 0.83% | +0.05 |
| TRUP Trupanion Inc. | Add +0.2% | 0.45% | +0.04 |
| JEPI JPMorgan Equity Premium Inco | Add +3.7% | 0.87% | +0.04 |
| D Dominion Energy Inc. | Add +0.8% | 0.91% | +0.04 |
| IBM Intl Business Machines Corp. | Add +12.7% | 0.59% | +0.03 |
| SPEM State Street SP PTF Em ETF | Add +25.9% | 0.09% | +0.02 |
| CCI Crown Castle Inc. | Add +9.7% | 0.45% | +0.02 |
| IVV iShares Core S&P 500 ETF | Add +1.5% | 0.24% | +0.02 |
| PAYX Paychex Inc. | Add +4.2% | 0.41% | +0.02 |
| KO The Coca-Cola Co. | Add +5.2% | 0.10% | +0.01 |
| BLK BlackRock Finance Inc. | Add +5.2% | 0.40% | +0.01 |
| UPS United Parcel Service Class B | Add +6.2% | 0.73% | +0.01 |
| BIPC Brookfield Infrastructure-A | Add +5.2% | 0.48% | +0.01 |
| BA The Boeing Co. | Add +4.2% | 0.49% | +0.01 |
| ARCC Ares Capital Corp. | Add +0.3% | 0.13% | +0.01 |
| DGRS Wisdomtree U.S. Smallcap Qua | Add +4.5% | 0.08% | +0.00 |
| PEP Pepsico Inc. | Add +2.2% | 0.85% | −0.00 |
| MCD McDonald's Corp. | Add +2.0% | 0.09% | −0.00 |
| JNJ Johnson & Johnson | Add +4.0% | 1.69% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 199 | $400.7M | GOOGL, WSO, JPM, MKL, NSC |
| Q1 2026 | 197 | $366.3M | GOOGL, JPM, WSO, MKL, SCHW |
| Q4 2025 | 196 | $392.2M | GOOGL, JPM, MSFT, WSO, MKL |
| Q3 2025 | 197 | $407.3M | JPM, MSFT, GOOGL, XPO, JNJ |
| Q2 2025 | 208 | $419.4M | JPM, MSFT, XPO, MKL, GOOGL |
| Q1 2025 | 204 | $387.8M | JPM, FISV, JNJ, MKL, MSFT |
| Q4 2024 | 202 | $400.5M | MSFT, XPO, JPM, CCOI, FISV |
| Q3 2024 | 152 | $318.8M | XPO, CCOI, JPM, FISV, MKL |
| Q2 2024 | 154 | $303.7M | XPO, JPM, MKL, SCHW, WSO |
| Q1 2024 | 150 | $314.7M | XPO, JPM, MKL, CCOI, SCHW |