Richmond Brothers, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 8, 2025), Richmond Brothers, Inc. reported 30 stock positions worth $152.7 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 24.9% of the portfolio, followed by Vanguard Short-Term Bond ETF (BSV, 10.1%) and Vanguard Intermediate-Term B (BIV, 6.1%). Compared with Q1 2025, it opened 2 new positions, sold out of 3, added to 8 and reduced 17. The biggest buy was Invesco QQQ Trust Series 1 (QQQ, shares +216%) and the biggest sale Vanguard Short-Term Bond ETF (BSV, shares −45%).
- Most Recent 13F
- Q2 2026
- Location
- JACKSON, MI
- CIK
- 0001540462
- Portfolio Value
- $152.7M (Q2 2025)
- SEC Filing
- 0001085146-25-004717 ↗ filed Aug 8, 2025
Holdings Value
Holdings 30 stocks · $152.7M
| QQQ Invesco QQQ Trust Series 1 | 24.90% | 68,936 | $38.0M | Add +216.0% |
| BSV Vanguard Short-Term Bond ETF | 10.13% | 196,590 | $15.5M | Reduce -44.5% |
| BIV Vanguard Intermediate-Term B | 6.12% | 120,855 | $9.3M | Reduce -32.8% |
| VPU Vanguard Utilities ETF | 4.94% | 42,771 | $7.5M | Reduce -10.5% |
| VOX Vanguard Communication Servi | 4.93% | 44,004 | $7.5M | Reduce -16.6% |
| VFH Vanguard Financials ETF | 4.81% | 57,714 | $7.3M | Reduce -15.8% |
| VIS Vanguard Industrials ETF | 4.79% | 26,135 | $7.3M | Reduce -15.3% |
| VGT Vanguard Info Tech ETF | 4.71% | 10,851 | $7.2M | Add +65.4% |
| VDC Vanguard Consumer Staple ETF | 4.70% | 32,745 | $7.2M | Reduce -8.0% |
| VCR Vanguard Consumer Discre ETF | 4.50% | 18,973 | $6.9M | Add +68.1% |
| VTIP Vanguard Short-Term Tips | 4.04% | 122,691 | $6.2M | Reduce -54.0% |
| GOF Guggenheim Strategic Opport | 2.32% | 238,400 | $3.5M | Add +3.6% |
| VDE Vanguard Energy ETF | 2.29% | 29,320 | $3.5M | Reduce -4.8% |
| VAW Vanguard Materials ETF | 2.28% | 17,886 | $3.5M | Reduce -9.3% |
| VHT Vanguard Health Care ETF | 2.28% | 13,989 | $3.5M | Reduce -2.1% |
| VNQ Vanguard Real Estate ETF | 2.26% | 38,820 | $3.5M | Reduce -54.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.11% | 6,633 | $3.2M | Reduce -13.3% |
| BLV Vanguard Long-Term Bond ETF | 2.05% | 45,100 | $3.1M | New |
| AAPL Apple Inc. | 1.77% | 13,175 | $2.7M | Reduce -10.7% |
| MSFT Microsoft Corp. | 0.83% | 2,540 | $1.3M | Reduce -17.7% |
| HRTX Heron Therapeutics Inc. | 0.75% | 554,469 | $1.1M | Add +1.8% |
| DRRX Durect Corporation | 0.60% | 1,453,735 | $923K | Add +8.0% |
| TQQQ Proshares Ultrapro QQQ | 0.56% | 10,335 | $858K | Add +10.4% |
| MDXG Mimedx Group Inc. | 0.48% | 120,985 | $739K | Reduce -15.1% |
| NVG Nuveen Amt-FR Muni CRDT | 0.30% | 38,589 | $460K | No change |
| IVV iShares Core S&P 500 ETF | 0.23% | 577 | $358K | Reduce -27.2% |
| AMZN Amazon.com Inc. | 0.17% | 1,216 | $267K | New |
| ALVO Alvotech SA | 0.08% | 13,966 | $127K | No change |
| RMTI Rockwell Medical Inc. | 0.02% | 32,554 | $28K | No change |
| OCEAN POWER TECHNOLOGIES INC | 0.00% | 13,971 | $7K | Add +27.3% |
Portfolio Sells Q1 2025 → Q2 2025
| BSV Vanguard Short-Term Bond ETF | Reduce -44.5% | 10.13% | −7.41 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Sold out | 0.00% | −5.93 |
| VTIP Vanguard Short-Term Tips | Reduce -54.0% | 4.04% | −4.36 |
| VNQ Vanguard Real Estate ETF | Reduce -54.4% | 2.26% | −2.60 |
| BIV Vanguard Intermediate-Term B | Reduce -32.8% | 6.12% | −2.58 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -13.3% | 2.11% | −0.46 |
| VFH Vanguard Financials ETF | Reduce -15.8% | 4.81% | −0.36 |
| AAPL Apple Inc. | Reduce -10.7% | 1.77% | −0.30 |
| VDE Vanguard Energy ETF | Reduce -4.8% | 2.29% | −0.24 |
| IBB iShares Biotechnology ETF | Sold out | 0.00% | −0.24 |
| VDC Vanguard Consumer Staple ETF | Reduce -8.0% | 4.70% | −0.22 |
| VPU Vanguard Utilities ETF | Reduce -10.5% | 4.94% | −0.21 |
| MDXG Mimedx Group Inc. | Reduce -15.1% | 0.48% | −0.20 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −0.18 |
| VHT Vanguard Health Care ETF | Reduce -2.1% | 2.28% | −0.12 |
| VAW Vanguard Materials ETF | Reduce -9.3% | 2.28% | −0.07 |
| IVV iShares Core S&P 500 ETF | Reduce -27.2% | 0.23% | −0.05 |
| VIS Vanguard Industrials ETF | Reduce -15.3% | 4.79% | −0.03 |
| VOX Vanguard Communication Servi | Reduce -16.6% | 4.93% | −0.02 |
| MSFT Microsoft Corp. | Reduce -17.7% | 0.83% | +0.10 |
Portfolio Buys Q1 2025 → Q2 2025
| QQQ Invesco QQQ Trust Series 1 | Add +216.0% | 24.90% | +18.44 |
| VGT Vanguard Info Tech ETF | Add +65.4% | 4.71% | +2.46 |
| VCR Vanguard Consumer Discre ETF | Add +68.1% | 4.50% | +2.18 |
| BLV Vanguard Long-Term Bond ETF | New | 2.05% | +2.05 |
| TQQQ Proshares Ultrapro QQQ | Add +10.4% | 0.56% | +0.22 |
| AMZN Amazon.com Inc. | New | 0.17% | +0.17 |
| GOF Guggenheim Strategic Opport | Add +3.6% | 2.32% | +0.06 |
| OCEAN POWER TECHNOLOGIES INC | Add +27.3% | 0.00% | +0.00 |
| HRTX Heron Therapeutics Inc. | Add +1.8% | 0.75% | −0.01 |
| DRRX Durect Corporation | Add +8.0% | 0.60% | −0.08 |
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 |