Redmond Asset Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 3, 2025), Redmond Asset Management, LLC reported 202 stock positions worth $400.5 million. Its top holding was Microsoft (MSFT) at 2.6% of the portfolio, followed by Xpo (XPO, 2.5%) and JPMorgan Chase (JPM, 2.5%). Compared with Q3 2024, it opened 58 new positions, sold out of 8, added to 67 and reduced 55. The biggest buy was Norfolk Southern (NSC, shares +1655%) and the biggest sale an exit from Blackbaud (BLKB).
- Most Recent 13F
- Q2 2026
- Location
- HENRICO, VA
- CIK
- 0001567890
- Portfolio Value
- $400.5M (Q4 2024)
- SEC Filing
- 0001567890-25-000001 ↗ filed Feb 3, 2025
Holdings Value
Holdings 202 stocks · $400.5M
| MSFT Microsoft Corp. | 2.56% | 24,357 | $10.3M | Add +128.7% |
| XPO Xpo Inc. | 2.54% | 77,616 | $10.2M | Reduce -19.3% |
| JPM JPMorgan Chase & Co. | 2.46% | 41,125 | $9.9M | Reduce -1.6% |
| CCOI Cogent Communications Holdin | 2.45% | 127,276 | $9.8M | Reduce -1.2% |
| FISV Fiserv Inc. | 2.27% | 44,237 | $9.1M | Reduce -4.6% |
| MKL Markel Group Inc. | 2.13% | 4,953 | $8.5M | Reduce -5.2% |
| JNJ Johnson & Johnson | 2.06% | 56,990 | $8.2M | Add +67.5% |
| V Visa Inc. Class A | 2.04% | 25,806 | $8.2M | Add +49.5% |
| WSO Watsco Inc. | 1.93% | 16,270 | $7.7M | Add +2.4% |
| SCHW Schwab (charles) Corp. | 1.83% | 98,828 | $7.3M | Reduce -5.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.80% | 15,866 | $7.2M | Reduce -4.7% |
| GOOGL Alphabet Inc. Class A | 1.79% | 37,933 | $7.2M | Reduce -1.3% |
| NSC Norfolk Southern Corp. | 1.61% | 27,399 | $6.4M | Add +1655.2% |
| AMZN Amazon.com Inc. | 1.47% | 26,775 | $5.9M | Reduce -1.8% |
| PODD Insulet Corp. | 1.42% | 21,760 | $5.7M | Add +0.2% |
| CPRT Copart Inc. | 1.38% | 96,324 | $5.5M | Reduce -2.3% |
| OMCL Omnicell Inc. | 1.35% | 121,209 | $5.4M | Add +0.3% |
| ECL Ecolab Inc. | 1.31% | 22,412 | $5.3M | Add +69.8% |
| PAR Par Technology Corp. | 1.26% | 69,524 | $5.1M | Reduce -7.1% |
| INTU Intuit Inc. | 1.22% | 7,779 | $4.9M | Add +10.1% |
| NSSC Napco Security Technologies | 1.18% | 133,380 | $4.7M | Reduce -1.0% |
| AAPL Apple Inc. | 1.12% | 17,836 | $4.5M | Add +97.6% |
| TXN Texas Instruments Inc. | 1.11% | 23,716 | $4.4M | Reduce -4.4% |
| PEP Pepsico Inc. | 1.11% | 29,196 | $4.4M | Add +79.4% |
| KMX Carmax Inc. | 1.03% | 50,651 | $4.1M | Reduce -3.3% |
| FAST Fastenal Co. | 1.01% | 55,983 | $4.0M | Add +1.2% |
| PG The Procter & Gamble Co. | 0.99% | 23,569 | $4.0M | Add +260.3% |
| UPS United Parcel Service Class B | 0.96% | 30,598 | $3.9M | Add +74.6% |
| CSCO Cisco Systems Inc. | 0.89% | 59,877 | $3.5M | Add +22.4% |
| ERII Energy Recovery Inc. | 0.87% | 236,660 | $3.5M | Reduce -3.4% |
| KMI Kinder Morgan Inc. | 0.86% | 125,780 | $3.4M | Reduce -5.0% |
| MA Mastercard Inc. Class A | 0.86% | 6,534 | $3.4M | Reduce -1.8% |
| TSCO Tractor Supply Company | 0.83% | 62,309 | $3.3M | Add +6.7% |
| XYL Xylem Inc. | 0.82% | 28,384 | $3.3M | Add +2.1% |
| CVX Chevron Corp. | 0.80% | 22,095 | $3.2M | Add +8.6% |
| CME Cme Group Inc. | 0.80% | 13,765 | $3.2M | Add +6.9% |
| ADP Automatic Data Processing | 0.79% | 10,853 | $3.2M | New |
| UL Unilever PLC | 0.78% | 54,859 | $3.1M | Add +0.8% |
| LMT Lockheed Martin Corp. | 0.78% | 6,400 | $3.1M | Add +84.8% |
| BKNG Booking Holdings Inc. | 0.77% | 617 | $3.1M | Reduce -7.8% |
| BL Blackline Inc. | 0.74% | 49,082 | $3.0M | Reduce -1.0% |
| MSI Motorola Solutions Inc. | 0.74% | 6,421 | $3.0M | New |
| DHR Danaher Corp. | 0.73% | 12,737 | $2.9M | Add +90.7% |
| ADSK Autodesk Inc. | 0.72% | 9,728 | $2.9M | Reduce -3.4% |
| JEPI JPMorgan Equity Premium Inco | 0.70% | 49,001 | $2.8M | Add +0.5% |
| SPG Simon Property Group Inc. | 0.70% | 16,350 | $2.8M | Reduce -2.4% |
| BV Brightview Holdings Inc. | 0.68% | 169,069 | $2.7M | Reduce -0.3% |
| DLR Digital Realty Trust Inc. | 0.67% | 15,239 | $2.7M | Reduce -2.3% |
| ADEA Adeia Inc. | 0.67% | 191,623 | $2.7M | No change |
| COHR Coherent Corp. | 0.65% | 27,364 | $2.6M | Reduce -30.5% |
| BX Blackstone Inc. | 0.65% | 15,006 | $2.6M | Add +6.7% |
| VRSK Verisk Analytics Inc. | 0.63% | 9,215 | $2.5M | Add +1.4% |
| MORN Morningstar Inc. | 0.63% | 7,528 | $2.5M | Reduce -1.5% |
| AZEK The Azek Co. Inc. | 0.62% | 51,958 | $2.5M | Reduce -1.1% |
| ISRG Intuitive Surgical Inc. | 0.60% | 4,638 | $2.4M | Reduce -1.8% |
| CAT Caterpillar Inc. | 0.60% | 6,661 | $2.4M | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.60% | 10,933 | $2.4M | Add +2.1% |
| TMUS T-Mobile US Inc. | 0.59% | 10,728 | $2.4M | Reduce -0.6% |
| KNX Knight-Swift Transportation | 0.59% | 44,559 | $2.4M | Reduce -0.6% |
| CP Canadian Pacific Kansas City | 0.57% | 31,469 | $2.3M | Add +6.0% |
| ICE Intercontinental Exchange Inc. | 0.56% | 15,183 | $2.3M | New |
| TYL Tyler Technologies Inc. | 0.56% | 3,889 | $2.2M | Reduce -1.4% |
| META Meta Platforms Inc. Class A | 0.55% | 3,761 | $2.2M | Reduce -13.2% |
| HXL Hexcel Corp. | 0.54% | 34,567 | $2.2M | No change |
| TRUP Trupanion Inc. | 0.54% | 44,957 | $2.2M | Reduce -0.1% |
| WM Waste Management Inc. | 0.53% | 10,596 | $2.1M | New |
| GOOG Alphabet Inc. Class C | 0.53% | 11,159 | $2.1M | Reduce -10.7% |
| WMT Walmart Inc. | 0.51% | 22,666 | $2.0M | New |
| BIPC Brookfield Infrastructure-A | 0.50% | 49,679 | $2.0M | Add +2.7% |
| PAYX Paychex Inc. | 0.49% | 14,100 | $2.0M | Add +7.4% |
| VZ Verizon Communications Inc. | 0.49% | 49,378 | $2.0M | Add +34.2% |
| NOW ServiceNow Inc. | 0.49% | 1,861 | $2.0M | Reduce -1.9% |
| CRM Salesforce Inc. | 0.49% | 5,884 | $2.0M | Reduce -4.4% |
| D Dominion Energy Inc. | 0.49% | 36,408 | $2.0M | Reduce -36.5% |
| XRN Global Medical REIT Inc. | 0.47% | 243,447 | $1.9M | Add +2.5% |
| VLTO Veralto Corp. | 0.46% | 17,938 | $1.8M | Add +4.6% |
| ORCL Oracle Corp. | 0.45% | 10,803 | $1.8M | New |
| CHD Church & Dwight Co. Inc. | 0.45% | 17,189 | $1.8M | Add +311.1% |
| DOW Dow Inc. | 0.45% | 44,687 | $1.8M | Add +5.0% |
| USB US Bancorp | 0.44% | 37,227 | $1.8M | Add +1.8% |
| MCD McDonald's Corp. | 0.43% | 5,900 | $1.7M | Add +428.2% |
| TSLA Tesla Inc. | 0.43% | 4,220 | $1.7M | Reduce -6.2% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.41% | 9,445 | $1.7M | New |
| BLK BlackRock Inc. | 0.41% | 1,604 | $1.6M | Add +3.7% |
| ACN Accenture PLC Class A | 0.41% | 4,624 | $1.6M | Add +1.6% |
| ABBV Abbvie Inc. | 0.41% | 9,132 | $1.6M | New |
| ADC Agree Realty Corp. | 0.40% | 22,459 | $1.6M | New |
| RLI Rli Corp. | 0.38% | 9,262 | $1.5M | No change |
| MRK Merck & Co. Inc. | 0.38% | 15,290 | $1.5M | Add +36.5% |
| WSC Willscot Holdings Corp. | 0.37% | 44,491 | $1.5M | Reduce -2.2% |
| BDX Becton Dickinson and Co. | 0.37% | 6,453 | $1.5M | Add +115.3% |
| TRS Trimas Corp. | 0.36% | 58,703 | $1.4M | Reduce -1.7% |
| SLAB Silicon Laboratories Inc. | 0.36% | 11,570 | $1.4M | Reduce -3.3% |
| HCSG Healthcare Services Group | 0.34% | 118,756 | $1.4M | Add +2.3% |
| SYY Sysco Corp. | 0.34% | 17,979 | $1.4M | New |
| PRSU Pursuit Attractions and Hosp filed as VIAD CORP | 0.34% | 31,730 | $1.3M | No change |
| CASY Casey's General Stores Inc. | 0.33% | 3,339 | $1.3M | New |
| BLBD Blue Bird Corp. | 0.33% | 34,000 | $1.3M | New |
| AVGO Broadcom Inc. | 0.31% | 5,390 | $1.2M | New |
| VT Vanguard Tot World STK ETF | 0.31% | 10,602 | $1.2M | Add +17.8% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $18K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BCTXW Briacell Therapeutics -CW27 | *W EXP 02/26/202 | 75,000 | $18K | No change |
Total filed on the 13F, all lines: $400.5M.
Portfolio Sells Q3 2024 → Q4 2024
| BLKB Blackbaud Inc. | Sold out | 0.00% | −1.40 |
| XPO Xpo Inc. | Reduce -19.3% | 2.54% | −0.70 |
| CCOI Cogent Communications Holdin | Reduce -1.2% | 2.45% | −0.62 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -4.7% | 1.80% | −0.61 |
| D Dominion Energy Inc. | Reduce -36.5% | 0.49% | −0.55 |
| LEGH Legacy Housing Corp. | Reduce -59.1% | 0.22% | −0.53 |
| NSSC Napco Security Technologies | Reduce -1.0% | 1.18% | −0.53 |
| TXN Texas Instruments Inc. | Reduce -4.4% | 1.11% | −0.50 |
| ERII Energy Recovery Inc. | Reduce -3.4% | 0.87% | −0.47 |
| COHR Coherent Corp. | Reduce -30.5% | 0.65% | −0.45 |
| MKL Markel Group Inc. | Reduce -5.2% | 2.13% | −0.44 |
| BA The Boeing Co. | Sold out | 0.00% | −0.38 |
| AMBA Ambarella Inc. | Sold out | 0.00% | −0.35 |
| FISV Fiserv Inc. | Reduce -4.6% | 2.27% | −0.34 |
| SCHW Schwab (charles) Corp. | Reduce -5.9% | 1.83% | −0.31 |
| JPM JPMorgan Chase & Co. | Reduce -1.6% | 2.46% | −0.30 |
| CPRT Copart Inc. | Reduce -2.3% | 1.38% | −0.24 |
| KMX Carmax Inc. | Reduce -3.3% | 1.03% | −0.24 |
| META Meta Platforms Inc. Class A | Reduce -13.2% | 0.55% | −0.23 |
| GOOGL Alphabet Inc. Class A | Reduce -1.3% | 1.79% | −0.21 |
| HGTY Hagerty Inc. Class A | Sold out | 0.00% | −0.19 |
| SPG Simon Property Group Inc. | Reduce -2.4% | 0.70% | −0.18 |
| MA Mastercard Inc. Class A | Reduce -1.8% | 0.86% | −0.17 |
| KNX Knight-Swift Transportation | Reduce -0.6% | 0.59% | −0.17 |
| WSC Willscot Holdings Corp. | Reduce -2.2% | 0.37% | −0.17 |
| BV Brightview Holdings Inc. | Reduce -0.3% | 0.68% | −0.16 |
| TYL Tyler Technologies Inc. | Reduce -1.4% | 0.56% | −0.16 |
| NVR NVR Inc. | Reduce -15.3% | 0.20% | −0.16 |
| AZEK The Azek Co. Inc. | Reduce -1.1% | 0.62% | −0.16 |
| ADSK Autodesk Inc. | Reduce -3.4% | 0.72% | −0.15 |
| MORN Morningstar Inc. | Reduce -1.5% | 0.63% | −0.13 |
| AMZN Amazon.com Inc. | Reduce -1.8% | 1.47% | −0.13 |
| GOOG Alphabet Inc. Class C | Reduce -10.7% | 0.53% | −0.12 |
| ISRG Intuitive Surgical Inc. | Reduce -1.8% | 0.60% | −0.12 |
| BKNG Booking Holdings Inc. | Reduce -7.8% | 0.77% | −0.12 |
| TRS Trimas Corp. | Reduce -1.7% | 0.36% | −0.12 |
| DLR Digital Realty Trust Inc. | Reduce -2.3% | 0.67% | −0.12 |
| AMAT Applied Materials Inc. | Reduce -12.5% | 0.15% | −0.12 |
| BL Blackline Inc. | Reduce -1.0% | 0.74% | −0.11 |
| ALGN Align Technology Inc. | Reduce -13.2% | 0.14% | −0.11 |
| TMUS T-Mobile US Inc. | Reduce -0.6% | 0.59% | −0.11 |
| CLF Cleveland-Cliffs Inc. | Reduce -2.8% | 0.13% | −0.10 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Sold out | 0.00% | −0.10 |
| AMRC Ameresco Inc. Class A | Reduce -2.6% | 0.08% | −0.08 |
| SLAB Silicon Laboratories Inc. | Reduce -3.3% | 0.36% | −0.08 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.08 |
| MDT Medtronic PLC | Reduce -14.7% | 0.11% | −0.07 |
| IWF iShares Russell 1000 Growth | Reduce -22.5% | 0.13% | −0.07 |
| REZ Ishars Res and Multi Reales | Sold out | 0.00% | −0.07 |
| SLP Simulations Plus Inc. | Reduce -2.6% | 0.13% | −0.06 |
Portfolio Buys Q3 2024 → Q4 2024
| NSC Norfolk Southern Corp. | Add +1655.2% | 1.61% | +1.48 |
| MSFT Microsoft Corp. | Add +128.7% | 2.56% | +1.13 |
| ADP Automatic Data Processing | New | 0.79% | +0.79 |
| MSI Motorola Solutions Inc. | New | 0.74% | +0.74 |
| PG The Procter & Gamble Co. | Add +260.3% | 0.99% | +0.63 |
| CAT Caterpillar Inc. | New | 0.60% | +0.60 |
| ICE Intercontinental Exchange Inc. | New | 0.56% | +0.56 |
| V Visa Inc. Class A | Add +49.5% | 2.04% | +0.55 |
| WM Waste Management Inc. | New | 0.53% | +0.53 |
| WMT Walmart Inc. | New | 0.51% | +0.51 |
| AAPL Apple Inc. | Add +97.6% | 1.12% | +0.46 |
| ORCL Oracle Corp. | New | 0.45% | +0.45 |
| JKHY Jack Henry & Associates Inc. | New | 0.41% | +0.41 |
| ABBV Abbvie Inc. | New | 0.41% | +0.41 |
| ADC Agree Realty Corp. | New | 0.40% | +0.40 |
| SYY Sysco Corp. | New | 0.34% | +0.34 |
| CASY Casey's General Stores Inc. | New | 0.33% | +0.33 |
| JNJ Johnson & Johnson | Add +67.5% | 2.06% | +0.33 |
| BLBD Blue Bird Corp. | New | 0.33% | +0.33 |
| MCD McDonald's Corp. | Add +428.2% | 0.43% | +0.32 |
| CHD Church & Dwight Co. Inc. | Add +311.1% | 0.45% | +0.31 |
| AVGO Broadcom Inc. | New | 0.31% | +0.31 |
| COST Costco Wholesale Corp. | New | 0.30% | +0.30 |
| BSCP Invesco Bulletshares 2025 CB | New | 0.29% | +0.29 |
| ETN Eaton Corp. PLC | New | 0.28% | +0.28 |
| ITW Illinois Tool Works | New | 0.27% | +0.27 |
| BSCQ Invesco Bulletshares 2026 CB | New | 0.27% | +0.27 |
| LLY Eli Lilly & Co. | New | 0.26% | +0.26 |
| ECL Ecolab Inc. | Add +69.8% | 1.31% | +0.25 |
| BSCR Invesco Bulletshares 2027 CB | New | 0.25% | +0.25 |
| PEP Pepsico Inc. | Add +79.4% | 1.11% | +0.24 |
| ALL Allstate Corp. | New | 0.24% | +0.24 |
| DOX Amdocs Ltd. | New | 0.22% | +0.22 |
| UPS United Parcel Service Class B | Add +74.6% | 0.96% | +0.21 |
| AWK American Water Works Co. Inc. | New | 0.21% | +0.21 |
| BSCS Invesco Bulletshares 2028 CB | New | 0.21% | +0.21 |
| AFL Aflac Inc. | New | 0.20% | +0.20 |
| DE Deere & Co. | New | 0.19% | +0.19 |
| BNY Bank of New York Mellon Corp. | New | 0.19% | +0.19 |
| MKC McCormick & Co.-Non VTG SHRS | New | 0.18% | +0.18 |
| ABT Abbott Laboratories | New | 0.17% | +0.17 |
| APD Air Products & Chemicals Inc. | New | 0.16% | +0.16 |
| DHR Danaher Corp. | Add +90.7% | 0.73% | +0.15 |
| APH Amphenol Corp. Class A | New | 0.15% | +0.15 |
| AMGN Amgen Inc. | New | 0.15% | +0.15 |
| LMT Lockheed Martin Corp. | Add +84.8% | 0.78% | +0.14 |
| BDX Becton Dickinson and Co. | Add +115.3% | 0.37% | +0.14 |
| ROP Roper Technologies Inc. | New | 0.13% | +0.13 |
| NKE Nike Inc. Class B | New | 0.12% | +0.12 |
| PFE Pfizer Inc. | New | 0.12% | +0.12 |
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 |