Richmond Brothers, Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 12, 2024), Richmond Brothers, Inc. reported 33 stock positions worth $162.2 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 23.1% of the portfolio, followed by SS SPDR BB 1-3M T-Bill ETF (BIL, 6.2%) and Vanguard Utilities ETF (VPU, 4.5%). Compared with Q2 2024, it opened 16 new positions, sold out of 5, added to 4 and reduced 12. The biggest buy was a new position in SS SPDR BB 1-3M T-Bill ETF (BIL) and the biggest sale Mimedx (MDXG, shares −15%).
- Most Recent 13F
- Q2 2026
- Location
- JACKSON, MI
- CIK
- 0001540462
- Portfolio Value
- $162.2M (Q3 2024)
- SEC Filing
- 0001085146-24-005489 ↗ filed Nov 12, 2024
Holdings Value
Holdings 33 stocks · $162.2M
| QQQ Invesco QQQ Trust Series 1 | 23.14% | 76,907 | $37.5M | Add +98.7% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 6.22% | 109,923 | $10.1M | New |
| VPU Vanguard Utilities ETF | 4.50% | 41,965 | $7.3M | New |
| VOX Vanguard Communication Servi | 4.36% | 48,644 | $7.1M | New |
| VIS Vanguard Industrials ETF | 4.35% | 27,106 | $7.0M | New |
| VFH Vanguard Financials ETF | 4.32% | 63,741 | $7.0M | New |
| VNQ Vanguard Real Estate ETF | 4.30% | 71,555 | $7.0M | New |
| VCR Vanguard Consumer Discre ETF | 4.29% | 20,431 | $7.0M | New |
| VAW Vanguard Materials ETF | 4.26% | 32,709 | $6.9M | New |
| VGT Vanguard Info Tech ETF | 4.22% | 11,665 | $6.8M | New |
| VHT Vanguard Health Care ETF | 4.10% | 23,580 | $6.7M | New |
| VDC Vanguard Consumer Staple ETF | 4.00% | 29,694 | $6.5M | New |
| AAPL Apple Inc. | 3.45% | 24,018 | $5.6M | Reduce -13.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.21% | 11,312 | $5.2M | Reduce -11.2% |
| MDXG Mimedx Group Inc. | 2.85% | 782,735 | $4.6M | Reduce -14.7% |
| GOF Guggenheim Strategic Opport | 2.77% | 284,710 | $4.5M | Reduce -4.1% |
| VTIP Vanguard Short-Term Tips | 2.15% | 70,761 | $3.5M | New |
| BIV Vanguard Intermediate-Term B | 2.12% | 43,913 | $3.4M | New |
| EDV Vanguard Extended Dur Treas | 2.05% | 41,820 | $3.3M | New |
| BLV Vanguard Long-Term Bond ETF | 1.97% | 42,472 | $3.2M | New |
| VDE Vanguard Energy ETF | 1.93% | 25,572 | $3.1M | New |
| MSFT Microsoft Corp. | 1.10% | 4,147 | $1.8M | Reduce -8.7% |
| DRRX Durect Corporation | 0.94% | 1,142,256 | $1.5M | Add +6.5% |
| HRTX Heron Therapeutics Inc. | 0.63% | 510,782 | $1.0M | Add +43.3% |
| RMTI Rockwell Medical Inc. | 0.61% | 249,872 | $992K | Reduce -9.7% |
| IBB iShares Biotechnology ETF | 0.57% | 6,379 | $929K | Reduce -12.5% |
| TQQQ Proshares Ultrapro QQQ | 0.39% | 8,654 | $627K | Add +17.4% |
| NVG Nuveen Amt-FR Muni CRDT | 0.35% | 42,164 | $565K | Reduce -4.2% |
| IVV iShares Core S&P 500 ETF | 0.29% | 809 | $467K | Reduce -10.3% |
| GOOG Alphabet Inc. Class C | 0.19% | 1,871 | $313K | Reduce -5.7% |
| MCD McDonald's Corp. | 0.13% | 689 | $210K | Reduce -27.3% |
| IRD Opus Genetics Inc. filed as OCUPHIRE PHARMA INC | 0.13% | 155,620 | $204K | Reduce -18.6% |
| ALVO Alvotech SA | 0.10% | 13,966 | $166K | No change |
Portfolio Sells Q2 2024 → Q3 2024
| MDXG Mimedx Group Inc. | Reduce -14.7% | 2.85% | −9.72 |
| AAPL Apple Inc. | Reduce -13.5% | 3.45% | −8.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -11.2% | 3.21% | −7.04 |
| GOF Guggenheim Strategic Opport | Reduce -4.1% | 2.77% | −5.99 |
| MSFT Microsoft Corp. | Reduce -8.7% | 1.10% | −2.92 |
| IBB iShares Biotechnology ETF | Reduce -12.5% | 0.57% | −1.41 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −1.07 |
| NVG Nuveen Amt-FR Muni CRDT | Reduce -4.2% | 0.35% | −0.74 |
| IVV iShares Core S&P 500 ETF | Reduce -10.3% | 0.29% | −0.69 |
| AXONICS INC | Sold out | 0.00% | −0.63 |
| APLT Applied Therapeutics Inc. | Sold out | 0.00% | −0.57 |
| GOOG Alphabet Inc. Class C | Reduce -5.7% | 0.19% | −0.53 |
| IRD Opus Genetics Inc. | Reduce -18.6% | 0.13% | −0.45 |
| ONCT Oncternal Therapeutics Inc. | Sold out | 0.00% | −0.37 |
| RMTI Rockwell Medical Inc. | Reduce -9.7% | 0.61% | −0.35 |
| MCD McDonald's Corp. | Reduce -27.3% | 0.13% | −0.35 |
| SOFI Sofi Technologies Inc. | Sold out | 0.00% | −0.13 |
Portfolio Buys Q2 2024 → Q3 2024
| BIL SS SPDR BB 1-3M T-Bill ETF | New | 6.22% | +6.22 |
| VPU Vanguard Utilities ETF | New | 4.50% | +4.50 |
| VOX Vanguard Communication Servi | New | 4.36% | +4.36 |
| VIS Vanguard Industrials ETF | New | 4.35% | +4.35 |
| VFH Vanguard Financials ETF | New | 4.32% | +4.32 |
| VNQ Vanguard Real Estate ETF | New | 4.30% | +4.30 |
| VCR Vanguard Consumer Discre ETF | New | 4.29% | +4.29 |
| VAW Vanguard Materials ETF | New | 4.26% | +4.26 |
| VGT Vanguard Info Tech ETF | New | 4.22% | +4.22 |
| VHT Vanguard Health Care ETF | New | 4.10% | +4.10 |
| VDC Vanguard Consumer Staple ETF | New | 4.00% | +4.00 |
| VTIP Vanguard Short-Term Tips | New | 2.15% | +2.15 |
| BIV Vanguard Intermediate-Term B | New | 2.12% | +2.12 |
| EDV Vanguard Extended Dur Treas | New | 2.05% | +2.05 |
| BLV Vanguard Long-Term Bond ETF | New | 1.97% | +1.97 |
| VDE Vanguard Energy ETF | New | 1.93% | +1.93 |
| TQQQ Proshares Ultrapro QQQ | Add +17.4% | 0.39% | −0.69 |
| DRRX Durect Corporation | Add +6.5% | 0.94% | −1.79 |
| HRTX Heron Therapeutics Inc. | Add +43.3% | 0.63% | −1.84 |
| QQQ Invesco QQQ Trust Series 1 | Add +98.7% | 23.14% | −13.53 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 96 | $192.3M | QQQ, AAPL, NVDA, MSFT, VGT |
| Q1 2026 | 36 | $150.2M | QQQ, VDE, VPU, VAW, VIS |
| Q4 2025 | 36 | $157.2M | QQQ, VOX, VHT, VGT, VFH |
| Q3 2025 | 34 | $158.4M | QQQ, VOX, VPU, VGT, BSV |
| Q2 2025 | 30 | $152.7M | QQQ, BSV, BIV, VPU, VOX |
| Q1 2025 | 31 | $158.2M | BSV, BIV, VTIP, QQQ, BIL |
| Q4 2024 | 32 | $156.0M | QQQ, BIL, VOX, VCR, VFH |
| Q3 2024 | 33 | $162.2M | QQQ, BIL, VPU, VOX, VIS |
| Q2 2024 | 22 | $50.6M | QQQ, MDXG, AAPL, BRK.B, GOF |
| Q1 2024 | 24 | $54.0M | QQQ, MDXG, BRK.B, AAPL, GOF |