Richmond Brothers, Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 11, 2025), Richmond Brothers, Inc. reported 32 stock positions worth $156.0 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 25.0% of the portfolio, followed by SS SPDR BB 1-3M T-Bill ETF (BIL, 6.4%) and Vanguard Communication Servi (VOX, 5.2%). Compared with Q3 2024, it opened 3 new positions, sold out of 4, added to 14 and reduced 12. The biggest buy was a new position in Vanguard Short-Term Bond ETF (BSV) and the biggest sale an exit from Vanguard Extended Dur Treas (EDV).
- Most Recent 13F
- Q2 2026
- Location
- JACKSON, MI
- CIK
- 0001540462
- Portfolio Value
- $156.0M (Q4 2024)
- SEC Filing
- 0001085146-25-000954 ↗ filed Feb 11, 2025
Holdings Value
Holdings 32 stocks · $156.0M
| QQQ Invesco QQQ Trust Series 1 | 25.01% | 76,312 | $39.0M | Reduce -0.8% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 6.38% | 108,817 | $9.9M | Reduce -1.0% |
| VOX Vanguard Communication Servi | 5.16% | 51,988 | $8.1M | Add +6.9% |
| VCR Vanguard Consumer Discre ETF | 5.15% | 21,390 | $8.0M | Add +4.7% |
| VFH Vanguard Financials ETF | 5.07% | 67,031 | $7.9M | Add +5.2% |
| VGT Vanguard Info Tech ETF | 4.99% | 12,516 | $7.8M | Add +7.3% |
| VPU Vanguard Utilities ETF | 4.83% | 46,134 | $7.5M | Add +9.9% |
| VIS Vanguard Industrials ETF | 4.82% | 29,530 | $7.5M | Add +8.9% |
| VNQ Vanguard Real Estate ETF | 4.61% | 80,750 | $7.2M | Add +12.8% |
| VDC Vanguard Consumer Staple ETF | 4.60% | 33,928 | $7.2M | Add +14.3% |
| BSV Vanguard Short-Term Bond ETF | 3.48% | 70,175 | $5.4M | New |
| BIV Vanguard Intermediate-Term B | 3.38% | 70,526 | $5.3M | Add +60.6% |
| VTIP Vanguard Short-Term Tips | 3.00% | 96,553 | $4.7M | Add +36.5% |
| AAPL Apple Inc. | 2.67% | 16,614 | $4.2M | Reduce -30.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.52% | 8,673 | $3.9M | Reduce -23.3% |
| GOF Guggenheim Strategic Opport | 2.33% | 238,338 | $3.6M | Reduce -16.3% |
| VDE Vanguard Energy ETF | 2.27% | 29,232 | $3.5M | Add +14.3% |
| VAW Vanguard Materials ETF | 2.23% | 18,515 | $3.5M | Reduce -43.4% |
| VHT Vanguard Health Care ETF | 2.20% | 13,512 | $3.4M | Reduce -42.7% |
| MDXG Mimedx Group Inc. | 1.17% | 190,514 | $1.8M | Reduce -75.7% |
| MSFT Microsoft Corp. | 0.85% | 3,160 | $1.3M | Reduce -23.8% |
| HRTX Heron Therapeutics Inc. | 0.63% | 642,339 | $983K | Add +25.8% |
| DRRX Durect Corporation | 0.62% | 1,281,176 | $961K | Add +12.2% |
| TQQQ Proshares Ultrapro QQQ | 0.45% | 8,817 | $698K | Add +1.9% |
| IBB iShares Biotechnology ETF | 0.32% | 3,777 | $499K | Reduce -40.8% |
| IVV iShares Core S&P 500 ETF | 0.31% | 809 | $476K | No change |
| NVG Nuveen Amt-FR Muni CRDT | 0.30% | 38,589 | $473K | Reduce -8.5% |
| GOOG Alphabet Inc. Class C | 0.23% | 1,871 | $356K | No change |
| AMZN Amazon.com Inc. | 0.13% | 951 | $209K | New |
| ARKK ARK Innovation ETF | 0.13% | 3,662 | $208K | New |
| ALVO Alvotech SA | 0.12% | 13,966 | $185K | No change |
| RMTI Rockwell Medical Inc. | 0.04% | 32,682 | $67K | Reduce -86.9% |
Portfolio Sells Q3 2024 → Q4 2024
| EDV Vanguard Extended Dur Treas | Sold out | 0.00% | −2.05 |
| VAW Vanguard Materials ETF | Reduce -43.4% | 2.23% | −2.04 |
| BLV Vanguard Long-Term Bond ETF | Sold out | 0.00% | −1.97 |
| VHT Vanguard Health Care ETF | Reduce -42.7% | 2.20% | −1.91 |
| MDXG Mimedx Group Inc. | Reduce -75.7% | 1.17% | −1.68 |
| AAPL Apple Inc. | Reduce -30.8% | 2.67% | −0.78 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -23.3% | 2.52% | −0.69 |
| RMTI Rockwell Medical Inc. | Reduce -86.9% | 0.04% | −0.57 |
| GOF Guggenheim Strategic Opport | Reduce -16.3% | 2.33% | −0.43 |
| IBB iShares Biotechnology ETF | Reduce -40.8% | 0.32% | −0.25 |
| MSFT Microsoft Corp. | Reduce -23.8% | 0.85% | −0.25 |
| MCD McDonald's Corp. | Sold out | 0.00% | −0.13 |
| IRD Opus Genetics Inc. | Sold out | 0.00% | −0.13 |
| NVG Nuveen Amt-FR Muni CRDT | Reduce -8.5% | 0.30% | −0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -1.0% | 6.38% | +0.16 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.8% | 25.01% | +1.87 |
Portfolio Buys Q3 2024 → Q4 2024
| BSV Vanguard Short-Term Bond ETF | New | 3.48% | +3.48 |
| BIV Vanguard Intermediate-Term B | Add +60.6% | 3.38% | +1.26 |
| VCR Vanguard Consumer Discre ETF | Add +4.7% | 5.15% | +0.86 |
| VTIP Vanguard Short-Term Tips | Add +36.5% | 3.00% | +0.85 |
| VOX Vanguard Communication Servi | Add +6.9% | 5.16% | +0.80 |
| VGT Vanguard Info Tech ETF | Add +7.3% | 4.99% | +0.77 |
| VFH Vanguard Financials ETF | Add +5.2% | 5.07% | +0.75 |
| VDC Vanguard Consumer Staple ETF | Add +14.3% | 4.60% | +0.60 |
| VIS Vanguard Industrials ETF | Add +8.9% | 4.82% | +0.47 |
| VDE Vanguard Energy ETF | Add +14.3% | 2.27% | +0.34 |
| VPU Vanguard Utilities ETF | Add +9.9% | 4.83% | +0.33 |
| VNQ Vanguard Real Estate ETF | Add +12.8% | 4.61% | +0.31 |
| AMZN Amazon.com Inc. | New | 0.13% | +0.13 |
| ARKK ARK Innovation ETF | New | 0.13% | +0.13 |
| TQQQ Proshares Ultrapro QQQ | Add +1.9% | 0.45% | +0.06 |
| HRTX Heron Therapeutics Inc. | Add +25.8% | 0.63% | +0.00 |
| DRRX Durect Corporation | Add +12.2% | 0.62% | −0.33 |
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 |