Richardson Capital Management LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 31, 2025), Richardson Capital Management LLC reported 223 stock positions worth $210.4 million. Its top holding was Schwab US Large-Cap ETF (SCHX) at 23.6% of the portfolio, followed by Schwab US Large-Cap Growth (SCHG, 16.8%) and Schwab Fndmntl US LRG Co. ETF (FNDX, 10.9%). Compared with Q2 2025, it opened 40 new positions, sold out of 23, added to 35 and reduced 31. The biggest buy was Schwab Fndmntl US LRG Co. ETF (FNDX, shares +409339%) and the biggest sale Schwab US DVD Equity ETF (SCHD, shares −52%).
- Most Recent 13F
- Q2 2026
- Location
- MENOMONEE FALLS, WI
- CIK
- 0001621646
- Portfolio Value
- $210.4M (Q3 2025)
- SEC Filing
- 0001621646-25-000006 ↗ filed Oct 31, 2025
Holdings Value
Holdings 223 stocks · $210.4M
| SCHX Schwab US Large-Cap ETF | 23.60% | 1,885,250 | $49.7M | Reduce -17.4% |
| SCHG Schwab US Large-Cap Growth | 16.81% | 1,108,441 | $35.4M | Reduce -3.9% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 10.90% | 872,104 | $22.9M | Add +409338.5% |
| SCHD Schwab US DVD Equity ETF | 10.07% | 776,078 | $21.2M | Reduce -52.2% |
| VOO Vanguard S&P 500 ETF | 9.91% | 34,050 | $20.9M | Add +846.4% |
| IJH iShares Core S&P Midcap ETF | 9.04% | 291,601 | $19.0M | Add +159.8% |
| NVDA Nvidia Corp. | 5.43% | 61,281 | $11.4M | Add +3.0% |
| SCHM Schwab US Mid Cap ETF | 1.88% | 133,096 | $3.9M | Reduce -75.4% |
| MEMS Matthews Em Discovery | 1.65% | 129,735 | $3.5M | Add +14.3% |
| SCHK Schwab 1000 Index ETF | 1.11% | 72,794 | $2.3M | Reduce -18.3% |
| VYM Vanguard High DVD Yield ETF | 0.76% | 11,319 | $1.6M | Reduce -0.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.58% | 2,019 | $1.2M | Reduce -1.2% |
| IWP iShares Russell Mid-Cap Grow | 0.42% | 6,137 | $874K | No change |
| IVV iShares Core S&P 500 ETF | 0.33% | 1,039 | $695K | Add +13.2% |
| IWF iShares Russell 1000 Growth | 0.32% | 1,419 | $665K | Reduce -5.5% |
| IWR iShares Russell Mid-Cap ETF | 0.27% | 5,960 | $575K | Reduce -0.8% |
| PAVE Global X US Infrastructure | 0.20% | 8,834 | $421K | Reduce -0.3% |
| IWS iShares Russell Mid-Cap Valu | 0.20% | 2,966 | $414K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.19% | 1,245 | $409K | Add +0.2% |
| XLF SS Financial Select Sector | 0.19% | 7,509 | $405K | No change |
| JPM JPMorgan Chase & Co. | 0.19% | 1,261 | $398K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.16% | 515 | $343K | Reduce -11.2% |
| COWZ Pacer US Cash Cows 100 ETF | 0.16% | 5,837 | $335K | Add +3.5% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.15% | 9,377 | $313K | No change |
| AGG iShares Core U.S. Aggregate | 0.14% | 2,863 | $287K | New |
| VEA Vanguard Ftse Developed ETF | 0.14% | 4,747 | $284K | Add +541.5% |
| HEFA Isha Curr Hedged MSCI Eafe | 0.14% | 7,179 | $284K | Add +3.0% |
| IJR iShares Core S&P Small-Cap E | 0.13% | 2,360 | $280K | Add +7.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.13% | 952 | $269K | Add +35.0% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.12% | 4,902 | $260K | New |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.12% | 839 | $246K | Add +20.9% |
| FELG Fidelity Enh LRG Cap GWTH | 0.11% | 5,777 | $238K | No change |
| WDIV St STR SPD S&P Glo Div-US Inc. | 0.11% | 3,086 | $224K | No change |
| AAPL Apple Inc. | 0.10% | 857 | $218K | Reduce -3.3% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.10% | 5,077 | $217K | Reduce -49.3% |
| IEFA iShares Core MSCI Eafe ETF | 0.10% | 2,374 | $207K | Add +0.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.10% | 427 | $205K | Add +4.9% |
| GBTC Grayscale Bitcoin Trust ETF | 0.09% | 2,184 | $196K | No change |
| WSM Williams-Sonoma Inc. | 0.09% | 1,000 | $195K | New |
| SPGI S&P Global Inc. | 0.09% | 400 | $195K | No change |
| VIG Vanguard Dividend Apprec ETF | 0.08% | 818 | $177K | Reduce -52.7% |
| SCHA Schwab US Small-Cap ETF | 0.08% | 6,270 | $175K | Reduce -7.8% |
| IYW iShares Ustechnology ETF | 0.08% | 877 | $172K | Reduce -6.5% |
| ENVX Enovix Corp. | 0.08% | 17,137 | $171K | Add +14.3% |
| OUSM Alps Oshares US Small-Cap Qu | 0.08% | 3,750 | $168K | No change |
| SCHB Schwab US Broad Market ETF | 0.07% | 5,732 | $147K | Add +3.9% |
| META Meta Platforms Inc. Class A | 0.07% | 200 | $147K | No change |
| HON Honeywell International Inc. | 0.07% | 670 | $141K | No change |
| FAST Fastenal Co. | 0.07% | 2,800 | $137K | No change |
| GD General Dynamics Corp. | 0.06% | 400 | $136K | No change |
| GILD Gilead Sciences Inc. | 0.06% | 1,200 | $133K | No change |
| MRK Merck & Co. Inc. | 0.06% | 1,576 | $132K | Add +29.6% |
| FELV Fidelity Enh LRG Cap Val ETF | 0.06% | 3,844 | $129K | No change |
| CARR Carrier Global Corp. | 0.06% | 2,137 | $128K | Add +0.3% |
| MARA Mara Holdings Inc. | 0.06% | 6,718 | $123K | No change |
| COST Costco Wholesale Corp. | 0.06% | 131 | $121K | Reduce -7.8% |
| IETC iShares U.S. Tech Independen | 0.06% | 1,158 | $118K | Add +14.9% |
| SCHF Schwab Intl Equity ETF | 0.06% | 5,065 | $118K | Reduce -4.0% |
| ADP Automatic Data Processing | 0.06% | 400 | $117K | No change |
| MMM 3M Co. | 0.06% | 751 | $117K | No change |
| HD Home Depot Inc. | 0.05% | 285 | $115K | No change |
| AVGO Broadcom Inc. | 0.05% | 325 | $107K | No change |
| TXN Texas Instruments Inc. | 0.05% | 583 | $107K | No change |
| KO The Coca-Cola Co. | 0.05% | 1,550 | $103K | No change |
| JNJ Johnson & Johnson | 0.05% | 550 | $102K | No change |
| FISV Fiserv Inc. | 0.05% | 782 | $101K | New |
| JBL Jabil Inc. | 0.05% | 450 | $98K | No change |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.05% | 2,243 | $97K | Reduce -0.0% |
| RCL Royal Caribbean Cruises Ltd. | 0.05% | 300 | $97K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.05% | 191 | $96K | Reduce -1.0% |
| CVX Chevron Corp. | 0.05% | 615 | $96K | Add +53.8% |
| TSLA Tesla Inc. | 0.05% | 214 | $95K | Add +10.3% |
| CSCO Cisco Systems Inc. | 0.04% | 1,385 | $95K | No change |
| QQQM Invesco Nasdaq 100 ETF | 0.04% | 347 | $86K | Add +8.1% |
| MDY State Street SPDR S&P Midcap | 0.04% | 142 | $85K | No change |
| GOOGL Alphabet Inc. Class A | 0.04% | 338 | $82K | Reduce -83.7% |
| ESGV Vanguard ESG US Stock ETF | 0.04% | 684 | $81K | Add +0.3% |
| AMZN Amazon.com Inc. | 0.04% | 363 | $80K | No change |
| GS Goldman Sachs Group Inc. | 0.04% | 100 | $80K | No change |
| FLEX Flex Ltd. | 0.04% | 1,325 | $77K | No change |
| IXN iShares Global Tech ETF | 0.04% | 732 | $76K | Reduce -79.3% |
| COP Conocophillips | 0.04% | 795 | $75K | Add +224.5% |
| AMD Advanced Micro Devices | 0.04% | 455 | $74K | No change |
| KMB Kimberly-Clark Corp. | 0.03% | 580 | $72K | New |
| IWM iShares Russell 2000 ETF | 0.03% | 295 | $71K | Add +235.2% |
| QUAL iShares MSCI USA Quality Fac | 0.03% | 363 | $71K | Add +0.3% |
| NVS Novartis AG-Sponsored ADR | 0.03% | 535 | $69K | New |
| ITOT iShares Core S&P Total U.S. | 0.03% | 445 | $65K | New |
| COHR Coherent Corp. | 0.03% | 600 | $65K | No change |
| UNP Union Pacific Corp. | 0.03% | 255 | $60K | Add +142.9% |
| FBND Fidelity Total Bond ETF | 0.03% | 1,157 | $54K | New |
| LMT Lockheed Martin Corp. | 0.02% | 100 | $50K | No change |
| CGGO Cap Group Global Growth filed as CAPITAL GROUP GBL GROWTH EQT | 0.02% | 1,425 | $49K | Add +658.0% |
| PG The Procter & Gamble Co. | 0.02% | 310 | $48K | New |
| ARKK ARK Innovation ETF | 0.02% | 526 | $45K | Reduce -93.5% |
| IWD iShares Russell 1000 Value E | 0.02% | 223 | $45K | No change |
| DD Dupont DE Nemours Inc. | 0.02% | 582 | $45K | No change |
| SLV iShares Silver Trust | 0.02% | 1,035 | $44K | No change |
| GOOG Alphabet Inc. Class C | 0.02% | 179 | $44K | No change |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.02% | 930 | $43K | New |
Portfolio Sells Q2 2025 → Q3 2025
| SCHD Schwab US DVD Equity ETF | Reduce -52.2% | 10.07% | −12.48 |
| SCHM Schwab US Mid Cap ETF | Reduce -75.4% | 1.88% | −6.08 |
| SCHX Schwab US Large-Cap ETF | Reduce -17.4% | 23.60% | −5.65 |
| SCHG Schwab US Large-Cap Growth | Reduce -3.9% | 16.81% | −0.85 |
| SCHK Schwab 1000 Index ETF | Reduce -18.3% | 1.11% | −0.28 |
| ARKK ARK Innovation ETF | Reduce -93.5% | 0.02% | −0.28 |
| GOOGL Alphabet Inc. Class A | Reduce -83.7% | 0.04% | −0.15 |
| ARKB ARK 21SHARES Bitcoin ETF | Sold out | 0.00% | −0.14 |
| IXN iShares Global Tech ETF | Reduce -79.3% | 0.04% | −0.14 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -49.3% | 0.10% | −0.11 |
| VIG Vanguard Dividend Apprec ETF | Reduce -52.7% | 0.08% | −0.10 |
| SCHC Schwab Intl Small-Cap Equity | Sold out | 0.00% | −0.10 |
| GNRC Generac Holdings Inc. | Sold out | 0.00% | −0.04 |
| VYM Vanguard High DVD Yield ETF | Reduce -0.2% | 0.76% | −0.03 |
| DIS The Walt Disney Co. | Reduce -91.7% | 0.00% | −0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -11.2% | 0.16% | −0.02 |
| IWF iShares Russell 1000 Growth | Reduce -5.5% | 0.32% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -7.8% | 0.06% | −0.02 |
| IWR iShares Russell Mid-Cap ETF | Reduce -0.8% | 0.27% | −0.02 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -1.2% | 0.58% | −0.01 |
| ASB Associated Banc-Corp. | Reduce -50.0% | 0.01% | −0.01 |
| DEO Diageo PLC-Sponsored ADR | Sold out | 0.00% | −0.01 |
| ARKG ARK Genomic Revolution ETF | Sold out | 0.00% | −0.01 |
| ATO Atmos Energy Corp. | Sold out | 0.00% | −0.01 |
| AME Ametek Inc. | Sold out | 0.00% | −0.01 |
| SCHA Schwab US Small-Cap ETF | Reduce -7.8% | 0.08% | −0.01 |
| MRSH Marsh & McLennan Cos | Sold out | 0.00% | −0.01 |
| TEUCRIUM WHEAT FUND | Sold out | 0.00% | −0.01 |
| SCHF Schwab Intl Equity ETF | Reduce -4.0% | 0.06% | −0.01 |
| CADE Cadence Bancorp | Sold out | 0.00% | −0.00 |
| SHYG iShares 0-5 YR HY Corp. Bond | Reduce -0.0% | 0.05% | −0.00 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.00 |
| FUL H.B. Fuller Co. | Sold out | 0.00% | −0.00 |
| WSC Willscot Holdings Corp. | Sold out | 0.00% | −0.00 |
| MAA Mid-America Apartment Comm | Sold out | 0.00% | −0.00 |
| IYW iShares Ustechnology ETF | Reduce -6.5% | 0.08% | −0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.0% | 0.05% | −0.00 |
| XLK SS Technology Select Sector | Reduce -30.8% | 0.01% | −0.00 |
| KBR KBR Inc. | Sold out | 0.00% | −0.00 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −0.00 |
| PAVE Global X US Infrastructure | Reduce -0.3% | 0.20% | −0.00 |
| SPGP Invesco S&P 500 Garp ETF | Sold out | 0.00% | −0.00 |
| VIGI Vanguard Int Div App Indx FD | Reduce -11.1% | 0.01% | −0.00 |
| SMPL The Simply Good Foods Co. | Sold out | 0.00% | −0.00 |
| AVY Avery Dennison Corp. | Sold out | 0.00% | −0.00 |
| CHKP Check Point Software Tech | Reduce -31.0% | 0.00% | −0.00 |
| EFV iShares MSCI Eafe Value ETF | Reduce -3.9% | 0.01% | −0.00 |
| REZI Resideo Technologies Inc. | Sold out | 0.00% | −0.00 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Sold out | 0.00% | −0.00 |
| BSX Boston Scientific Corp. | Reduce -20.6% | 0.00% | −0.00 |
Portfolio Buys Q2 2025 → Q3 2025
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +409338.5% | 10.90% | +10.90 |
| VOO Vanguard S&P 500 ETF | Add +846.4% | 9.91% | +8.84 |
| IJH iShares Core S&P Midcap ETF | Add +159.8% | 9.04% | +5.39 |
| NVDA Nvidia Corp. | Add +3.0% | 5.43% | +0.51 |
| AGG iShares Core U.S. Aggregate | New | 0.14% | +0.14 |
| IGSB iShares 1-5Y Inv Grade Corp. | New | 0.12% | +0.12 |
| VEA Vanguard Ftse Developed ETF | Add +541.5% | 0.14% | +0.11 |
| MEMS Matthews Em Discovery | Add +14.3% | 1.65% | +0.09 |
| WSM Williams-Sonoma Inc. | New | 0.09% | +0.09 |
| FISV Fiserv Inc. | New | 0.05% | +0.05 |
| KMB Kimberly-Clark Corp. | New | 0.03% | +0.03 |
| NVS Novartis AG-Sponsored ADR | New | 0.03% | +0.03 |
| IVV iShares Core S&P 500 ETF | Add +13.2% | 0.33% | +0.03 |
| ITOT iShares Core S&P Total U.S. | New | 0.03% | +0.03 |
| FBND Fidelity Total Bond ETF | New | 0.03% | +0.03 |
| COP Conocophillips | Add +224.5% | 0.04% | +0.02 |
| IWM iShares Russell 2000 ETF | Add +235.2% | 0.03% | +0.02 |
| PG The Procter & Gamble Co. | New | 0.02% | +0.02 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | New | 0.02% | +0.02 |
| CGGO Cap Group Global Growth | Add +658.0% | 0.02% | +0.02 |
| IBM Intl Business Machines Corp. | Add +35.0% | 0.13% | +0.02 |
| FIXD First Trust Smith Opportunis | New | 0.02% | +0.02 |
| VZ Verizon Communications Inc. | New | 0.02% | +0.02 |
| UNP Union Pacific Corp. | Add +142.9% | 0.03% | +0.02 |
| IVOG Vanguard S&P Mid-Cap 400 Gro | New | 0.02% | +0.02 |
| JAAA Janus Henderson Aaa Clo ETF | New | 0.02% | +0.02 |
| EEM iShares MSCI Emerging Market | New | 0.02% | +0.02 |
| CVX Chevron Corp. | Add +53.8% | 0.05% | +0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +20.9% | 0.12% | +0.02 |
| USHY iShares Broad Usd High Yield | New | 0.01% | +0.01 |
| DJP Ipath Bloomberg Commodity Inc. | New | 0.01% | +0.01 |
| SEIX Virtus Seix Senior Loan ETF | New | 0.01% | +0.01 |
| TSLA Tesla Inc. | Add +10.3% | 0.05% | +0.01 |
| MRK Merck & Co. Inc. | Add +29.6% | 0.06% | +0.01 |
| EMB iShares JP Morgan Usd Emergi | New | 0.01% | +0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +300.6% | 0.02% | +0.01 |
| RECS Columbia Resear Enh Cor ETF | New | 0.01% | +0.01 |
| IUSV iShares Core S&P U.S. Value | New | 0.01% | +0.01 |
| VNQ Vanguard Real Estate ETF | New | 0.01% | +0.01 |
| SPYG SS SPDR P S&P 500 Growth ETF | New | 0.01% | +0.01 |
| OUNZ Vaneck Merk Gold ETF | New | 0.01% | +0.01 |
| IJR iShares Core S&P Small-Cap E | Add +7.3% | 0.13% | +0.01 |
| IBIT iShares Bitcoin Trust ETF | New | 0.01% | +0.01 |
| VIOO Vanguard S&P Small-Cap 600 E | New | 0.01% | +0.01 |
| IDMO Invesco S&P International DE | New | 0.01% | +0.01 |
| VNQI Vanguard GLBL Ex-US Real Est | New | 0.01% | +0.01 |
| IETC iShares U.S. Tech Independen | Add +14.9% | 0.06% | +0.01 |
| JNK SS SPDR BB High Yield Bond | New | 0.01% | +0.01 |
| ACWI iShares MSCI Acwi ETF | New | 0.01% | +0.01 |
| CADE Cadence Bank | New | 0.01% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 243 | $234.0M | SCHX, SCHG, FNDX, VOO, IJH |
| Q1 2026 | 394 | $207.1M | SCHX, SCHG, FNDX, VOO, IJH |
| Q4 2025 | 249 | $199.3M | SCHX, SCHG, FNDX, VOO, SCHD |
| Q3 2025 | 223 | $210.4M | SCHX, SCHG, FNDX, SCHD, VOO |
| Q2 2025 | 206 | $190.7M | SCHX, SCHD, SCHG, SCHM, NVDA |
| Q1 2025 | 245 | $160.4M | SCHX, SCHD, SCHG, SCHM, NVDA |
| Q4 2024 | 142 | $157.2M | SCHX, SCHD, SCHG, SCHM, NVDA |
| Q3 2024 | 138 | $143.2M | SCHD, SCHX, SCHG, SCHM, IJH |
| Q2 2024 | 185 | $129.9M | SCHD, SCHX, SCHG, SCHM, IJH |
| Q1 2024 | 143 | $122.3M | SCHD, SCHX, SCHG, SCHM, IJH |