Richmond Investment Services, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Richmond Investment Services, LLC reported 111 stock positions worth $184.1 million. Its top holding was iShares Russell Top 200 ETF (IWL) at 13.8% of the portfolio, followed by Vaneck Morningstar Wide Moat (MOAT, 8.1%) and Invesco QQQ Trust Series 1 (QQQ, 8.0%). Compared with Q4 2024, it opened 11 new positions, sold out of 6, added to 47 and reduced 41. The biggest buy was Vanguard Mrngstar GR ETF-Sui (VUG, shares +145%) and the biggest sale SS Technology Select Sector (XLK, shares −73%).
- Most Recent 13F
- Q2 2026
- Location
- Mequon, WI
- CIK
- 0002031991
- Portfolio Value
- $184.1M (Q1 2025)
- SEC Filing
- 0001667731-25-000637 ↗ filed May 14, 2025
Holdings Value
Holdings 111 stocks · $184.1M
| IWL iShares Russell Top 200 ETF | 13.78% | 184,550 | $25.4M | Add +5.9% |
| MOAT Vaneck Morningstar Wide Moat | 8.11% | 169,743 | $14.9M | Add +4.9% |
| QQQ Invesco QQQ Trust Series 1 | 7.98% | 31,323 | $14.7M | Add +7.4% |
| SDVY First Trust Smid Cap Rising | 5.02% | 275,969 | $9.2M | Add +29.9% |
| VNLA Janus Henderson Short Durati | 4.91% | 184,034 | $9.0M | Reduce -5.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 3.71% | 18,416 | $6.8M | Add +145.4% |
| ISPY Proshares S&P High Incom ETF | 3.57% | 156,069 | $6.6M | Add +118.7% |
| GDX Vaneck Gold Miners ETF | 3.08% | 123,474 | $5.7M | Reduce -10.0% |
| PFF iShares Preferred & Income S | 2.96% | 177,432 | $5.5M | Add +11.1% |
| FYC First Trust Small Cap Growth | 2.50% | 66,848 | $4.6M | Add +45.3% |
| IHDG Wisdomtree International Hed | 2.48% | 105,115 | $4.6M | Add +95.3% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 1.77% | 91,620 | $3.3M | Reduce -19.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.77% | 6,118 | $3.3M | Add +156.1% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.65% | 46,136 | $3.0M | Add +150.8% |
| BUFZ FT Vest Laddered Moderate Bu | 1.53% | 120,135 | $2.8M | New |
| VWO Vanguard Ftse Emerging Marke | 1.34% | 54,430 | $2.5M | Add +104.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.18% | 3,871 | $2.2M | Reduce -42.0% |
| AAPL Apple Inc. | 1.17% | 9,696 | $2.2M | Add +1.5% |
| VTI VG Morningstar TS MKT ETF-US | 1.12% | 7,472 | $2.1M | Reduce -58.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.00% | 7,085 | $1.8M | Reduce -41.8% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.92% | 18,516 | $1.7M | Reduce -13.4% |
| XLK SS Technology Select Sector | 0.91% | 8,136 | $1.7M | Reduce -73.4% |
| FTCS First Trust Capital Strength | 0.83% | 17,129 | $1.5M | Reduce -2.6% |
| FV First Trust DW Focus 5 Fund | 0.82% | 27,410 | $1.5M | Reduce -2.7% |
| NVDA Nvidia Corp. | 0.80% | 13,627 | $1.5M | Reduce -12.4% |
| AMZN Amazon.com Inc. | 0.77% | 7,496 | $1.4M | Reduce -2.2% |
| BUFD FT VST Lad Deep Buf ETF-Usdi | 0.77% | 56,897 | $1.4M | New |
| BUFQ FT VST Lad NSDQ Buf ETF-Usdi | 0.77% | 47,163 | $1.4M | New |
| GTO Invesco Total Return Bond Et | 0.71% | 27,757 | $1.3M | Add +266.1% |
| TMFC Motley Fool 100 Index ETF | 0.68% | 22,668 | $1.3M | Reduce -8.8% |
| FTLS First Trust Long/Short Eqty | 0.67% | 19,211 | $1.2M | Add +377.5% |
| RDVY First Trust Rising Dividend | 0.66% | 20,599 | $1.2M | Reduce -5.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.63% | 6,764 | $1.2M | Reduce -51.7% |
| RECS Columbia Resear Enh Cor ETF | 0.61% | 33,586 | $1.1M | Add +4.0% |
| CLOI Vaneck Clo ETF | 0.60% | 20,908 | $1.1M | Add +5.3% |
| BSCR Invesco Bulletshares 2027 CB | 0.60% | 56,038 | $1.1M | Add +1.0% |
| MSFT Microsoft Corp. | 0.56% | 2,738 | $1.0M | Reduce -2.8% |
| FVD First Trust Value Line DVD | 0.54% | 22,214 | $991K | Reduce -11.0% |
| BSCS Invesco Bulletshares 2028 CB | 0.48% | 43,015 | $875K | Reduce -19.4% |
| USMC Principal US Mega-Cap ETF | 0.47% | 15,160 | $861K | Reduce -1.8% |
| FTSM First Trust Enh Short Mat FD | 0.47% | 14,303 | $856K | Reduce -41.5% |
| JAAA Janus Henderson Aaa Clo ETF | 0.46% | 16,618 | $843K | Add +7.0% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.45% | 20,337 | $829K | Add +157.2% |
| XBXMX Nuveen S&P 500 Buy-WR Inc. | 0.42% | 58,330 | $765K | No change |
| BSCP Invesco Bulletshares 2025 CB | 0.40% | 35,610 | $736K | Add +2.2% |
| SMH Vaneck Semiconductor ETF | 0.39% | 3,397 | $718K | Add +41.2% |
| GOOGL Alphabet Inc. Class A | 0.37% | 4,430 | $685K | Reduce -0.8% |
| WEC WEC Energy Group Inc. | 0.36% | 6,107 | $666K | Add +0.1% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.34% | 17,332 | $631K | Add +156.3% |
| CIBR First Trust Nasdaq Cybersecu | 0.34% | 9,969 | $628K | Reduce -7.4% |
| SPHQ Invesco S&P 500 Quality ETF | 0.34% | 9,333 | $619K | Add +23.7% |
| KNG FT Vest S&P 500 DVD Arst TRG | 0.33% | 11,924 | $602K | New |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.33% | 12,343 | $602K | Add +37.9% |
| JMBS Janus Henderson Mortg Backed | 0.32% | 12,982 | $587K | Reduce -0.3% |
| RSP Invesco S&P 500 Equal Weight | 0.32% | 3,370 | $584K | Reduce -18.2% |
| FIXD First Trust Smith Opportunis | 0.31% | 13,218 | $579K | Add +0.0% |
| FDN First Trust DJ Internet Ind | 0.29% | 2,402 | $534K | Reduce -17.6% |
| IWM iShares Russell 2000 ETF | 0.28% | 2,617 | $522K | Reduce -22.8% |
| FTA First Trust L C Val Alp | 0.28% | 6,716 | $515K | No change |
| FTC First Trust Large Cap Growth | 0.28% | 3,921 | $515K | No change |
| TSLA Tesla Inc. | 0.28% | 1,981 | $513K | Add +13.5% |
| GOOG Alphabet Inc. Class C | 0.27% | 3,125 | $488K | Add +0.1% |
| LLY Eli Lilly & Co. | 0.25% | 549 | $453K | No change |
| USMV iShares MSCI USA Min Vol Fac | 0.24% | 4,737 | $444K | Reduce -1.5% |
| VRT Vertiv Holdings Co. Class A | 0.24% | 6,119 | $442K | Reduce -0.7% |
| FEX First Trust Large Cap Core A | 0.23% | 4,091 | $419K | No change |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | 0.22% | 17,277 | $402K | Add +0.3% |
| IVV iShares Core S&P 500 ETF | 0.22% | 714 | $401K | Reduce -1.8% |
| CGBL Cap Group Core Balanced filed as CAPITAL GROUP CORE BALANCED | 0.22% | 12,836 | $398K | Reduce -30.9% |
| T AT&T Inc. | 0.21% | 13,873 | $392K | No change |
| IBTK iShares Ibonds Dec 2030 Trea | 0.21% | 19,798 | $389K | Add +1.6% |
| TDIV FT Nasdaq Tech DVD Index FD | 0.21% | 5,278 | $388K | Reduce -2.6% |
| AVEM Avantis Emerging Markets Eq | 0.21% | 6,359 | $383K | Reduce -79.2% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.20% | 1,533 | $375K | Add +0.1% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.20% | 1,957 | $365K | Add +0.3% |
| SPEM State Street SP PTF Em ETF | 0.20% | 9,255 | $364K | New |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.19% | 1,394 | $351K | Add +4.4% |
| FEP First Trust Europe | 0.18% | 8,333 | $340K | No change |
| COST Costco Wholesale Corp. | 0.18% | 352 | $333K | No change |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.17% | 1,998 | $321K | Add +0.3% |
| AIQ Global X Art Intel & Tech | 0.17% | 8,723 | $317K | Add +9.2% |
| VRIG Invesco Variable Rate Invest | 0.17% | 12,327 | $309K | Add +0.2% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 0.17% | 9,209 | $308K | Reduce -10.7% |
| MCD McDonald's Corp. | 0.17% | 973 | $304K | Add +0.1% |
| PANW Palo Alto Networks Inc. | 0.16% | 1,755 | $299K | Add +17.2% |
| IJH iShares Core S&P Midcap ETF | 0.16% | 5,089 | $297K | Add +0.1% |
| FAAR First Trust Alt Abs Ret ETF | 0.15% | 9,643 | $279K | Reduce -16.5% |
| FXL First Trust Technology Alpha | 0.15% | 2,048 | $271K | No change |
| SUSA iShares ESG Optimized MSCI U | 0.15% | 2,329 | $268K | Add +0.1% |
| IDLV Invesco S&P International DE | 0.14% | 8,631 | $262K | Add +0.2% |
| VZ Verizon Communications Inc. | 0.14% | 5,735 | $260K | Add +0.1% |
| XMLV Invesco S&P Midcap Low Volat | 0.14% | 4,171 | $257K | Reduce -17.3% |
| SPMO Invesco S&P 500 Momentum ETF | 0.14% | 2,732 | $253K | Reduce -3.3% |
| FEM First Trust Emerging Markets | 0.14% | 10,947 | $250K | Reduce -2.1% |
| JPM JPMorgan Chase & Co. | 0.13% | 1,001 | $245K | Reduce -4.7% |
| VOO Vanguard S&P 500 ETF | 0.13% | 473 | $243K | Add +12.3% |
| META Meta Platforms Inc. Class A | 0.13% | 412 | $238K | New |
| GLD SPDR Gold Shares | 0.13% | 816 | $235K | New |
| JCI Johnson Controls Internation | 0.13% | 2,909 | $233K | No change |
| FMF First Trust Managed Futures | 0.13% | 5,045 | $233K | Reduce -3.2% |
Portfolio Sells Q4 2024 → Q1 2025
| XLK SS Technology Select Sector | Reduce -73.4% | 0.91% | −3.08 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -58.1% | 1.12% | −1.79 |
| BSCU Invesco Bulletshares 2030 CB | Sold out | 0.00% | −1.43 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -42.0% | 1.18% | −1.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -41.8% | 1.00% | −0.81 |
| AVEM Avantis Emerging Markets Eq | Reduce -79.2% | 0.21% | −0.80 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -51.7% | 0.63% | −0.70 |
| CGDV Cap Group Dividend Value | Reduce -19.6% | 1.77% | −0.48 |
| VNLA Janus Henderson Short Durati | Reduce -5.3% | 4.91% | −0.42 |
| NVDA Nvidia Corp. | Reduce -12.4% | 0.80% | −0.37 |
| FTSM First Trust Enh Short Mat FD | Reduce -41.5% | 0.47% | −0.36 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -13.4% | 0.92% | −0.17 |
| AMZN Amazon.com Inc. | Reduce -2.2% | 0.77% | −0.17 |
| IYW iShares Ustechnology ETF | Sold out | 0.00% | −0.17 |
| TMFC Motley Fool 100 Index ETF | Reduce -8.8% | 0.68% | −0.15 |
| VRT Vertiv Holdings Co. Class A | Reduce -0.7% | 0.24% | −0.15 |
| IJR iShares Core S&P Small-Cap E | Sold out | 0.00% | −0.14 |
| IWM iShares Russell 2000 ETF | Reduce -22.8% | 0.28% | −0.14 |
| BUFR FT Vest Lad Buffervetf-Usd I | Sold out | 0.00% | −0.13 |
| BSCS Invesco Bulletshares 2028 CB | Reduce -19.4% | 0.48% | −0.13 |
| QTEC First Trust Nasdq 100 Tech I | Sold out | 0.00% | −0.13 |
| FV First Trust DW Focus 5 Fund | Reduce -2.7% | 0.82% | −0.12 |
| FTSL First Trust Senior Loan ETF | Sold out | 0.00% | −0.11 |
| CGBL Cap Group Core Balanced | Reduce -30.9% | 0.22% | −0.11 |
| MSFT Microsoft Corp. | Reduce -2.8% | 0.56% | −0.11 |
| FDN First Trust DJ Internet Ind | Reduce -17.6% | 0.29% | −0.11 |
| GOOGL Alphabet Inc. Class A | Reduce -0.8% | 0.37% | −0.10 |
| RSP Invesco S&P 500 Equal Weight | Reduce -18.2% | 0.32% | −0.09 |
| FVD First Trust Value Line DVD | Reduce -11.0% | 0.54% | −0.07 |
| RDVY First Trust Rising Dividend | Reduce -5.8% | 0.66% | −0.07 |
| USMC Principal US Mega-Cap ETF | Reduce -1.8% | 0.47% | −0.05 |
| CIBR First Trust Nasdaq Cybersecu | Reduce -7.4% | 0.34% | −0.04 |
| CGUS Cap Group Core Equity | Reduce -10.7% | 0.17% | −0.04 |
| FTCS First Trust Capital Strength | Reduce -2.6% | 0.83% | −0.03 |
| XMLV Invesco S&P Midcap Low Volat | Reduce -17.3% | 0.14% | −0.03 |
| FAAR First Trust Alt Abs Ret ETF | Reduce -16.5% | 0.15% | −0.03 |
| TDIV FT Nasdaq Tech DVD Index FD | Reduce -2.6% | 0.21% | −0.03 |
| IVV iShares Core S&P 500 ETF | Reduce -1.8% | 0.22% | −0.02 |
| FEMS First Trust Emerging Markets | Reduce -8.9% | 0.11% | −0.02 |
| SPMO Invesco S&P 500 Momentum ETF | Reduce -3.3% | 0.14% | −0.01 |
| FMF First Trust Managed Futures | Reduce -3.2% | 0.13% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -4.7% | 0.13% | −0.01 |
| JMBS Janus Henderson Mortg Backed | Reduce -0.3% | 0.32% | −0.00 |
| NOBL Proshares S&P 500 Dividend A | Reduce -2.3% | 0.12% | −0.00 |
| FEM First Trust Emerging Markets | Reduce -2.1% | 0.14% | −0.00 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -1.5% | 0.24% | +0.00 |
| GDX Vaneck Gold Miners ETF | Reduce -10.0% | 3.08% | +0.47 |
Portfolio Buys Q4 2024 → Q1 2025
| VUG Vanguard Mrngstar GR ETF-Sui | Add +145.4% | 3.71% | +1.98 |
| ISPY Proshares S&P High Incom ETF | Add +118.7% | 3.57% | +1.79 |
| BUFZ FT Vest Laddered Moderate Bu | New | 1.53% | +1.53 |
| IHDG Wisdomtree International Hed | Add +95.3% | 2.48% | +1.17 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +156.1% | 1.77% | +1.16 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +150.8% | 1.65% | +0.94 |
| BUFD FT VST Lad Deep Buf ETF-Usdi | New | 0.77% | +0.77 |
| BUFQ FT VST Lad NSDQ Buf ETF-Usdi | New | 0.77% | +0.77 |
| SDVY First Trust Smid Cap Rising | Add +29.9% | 5.02% | +0.75 |
| VWO Vanguard Ftse Emerging Marke | Add +104.9% | 1.34% | +0.68 |
| FTLS First Trust Long/Short Eqty | Add +377.5% | 0.67% | +0.52 |
| GTO Invesco Total Return Bond Et | Add +266.1% | 0.71% | +0.51 |
| FYC First Trust Small Cap Growth | Add +45.3% | 2.50% | +0.50 |
| KNG FT Vest S&P 500 DVD Arst TRG | New | 0.33% | +0.33 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +157.2% | 0.45% | +0.25 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +156.3% | 0.34% | +0.21 |
| SPEM State Street SP PTF Em ETF | New | 0.20% | +0.20 |
| PFF iShares Preferred & Income S | Add +11.1% | 2.96% | +0.14 |
| META Meta Platforms Inc. Class A | New | 0.13% | +0.13 |
| GLD SPDR Gold Shares | New | 0.13% | +0.13 |
| VEA Vanguard Ftse Developed ETF | New | 0.12% | +0.12 |
| KO The Coca-Cola Co. | New | 0.11% | +0.11 |
| WFC Wells Fargo & Co. | New | 0.11% | +0.11 |
| VOOV Vanguard S&P 500 Value ETF | New | 0.11% | +0.11 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +37.9% | 0.33% | +0.07 |
| SMH Vaneck Semiconductor ETF | Add +41.2% | 0.39% | +0.06 |
| SPHQ Invesco S&P 500 Quality ETF | Add +23.7% | 0.34% | +0.05 |
| WEC WEC Energy Group Inc. | Add +0.1% | 0.36% | +0.04 |
| JAAA Janus Henderson Aaa Clo ETF | Add +7.0% | 0.46% | +0.02 |
| VZ Verizon Communications Inc. | Add +0.1% | 0.14% | +0.01 |
| CLOI Vaneck Clo ETF | Add +5.3% | 0.60% | +0.01 |
| PANW Palo Alto Networks Inc. | Add +17.2% | 0.16% | +0.01 |
| IDLV Invesco S&P International DE | Add +0.2% | 0.14% | +0.01 |
| MCD McDonald's Corp. | Add +0.1% | 0.17% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +12.3% | 0.13% | +0.00 |
| IBTK iShares Ibonds Dec 2030 Trea | Add +1.6% | 0.21% | +0.00 |
| AIQ Global X Art Intel & Tech | Add +9.2% | 0.17% | −0.00 |
| FIXD First Trust Smith Opportunis | Add +0.0% | 0.31% | −0.00 |
| BSCP Invesco Bulletshares 2025 CB | Add +2.2% | 0.40% | −0.00 |
| FXH First Trust Health Care Alph | Add +0.1% | 0.12% | −0.00 |
| VRIG Invesco Variable Rate Invest | Add +0.2% | 0.17% | −0.01 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +0.3% | 0.17% | −0.01 |
| BSCR Invesco Bulletshares 2027 CB | Add +1.0% | 0.60% | −0.01 |
| SUSA iShares ESG Optimized MSCI U | Add +0.1% | 0.15% | −0.01 |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | Add +0.3% | 0.22% | −0.01 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +0.1% | 0.20% | −0.01 |
| IVW iShares S&P 500 Growth ETF | Add +0.0% | 0.12% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Add +0.1% | 0.16% | −0.02 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +0.3% | 0.20% | −0.02 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +4.4% | 0.19% | −0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 145 | $316.1M | IWL, QQQ, SPYM, SMH, VNLA |
| Q1 2026 | 255 | $618.8M | IWL, QQQ, SPYM, MOAT, GDX |
| Q4 2025 | 235 | $578.5M | IWL, QQQ, SPYM, MOAT, GDX |
| Q3 2025 | 224 | $537.4M | IWL, QQQ, SPYM, MOAT, VNLA |
| Q2 2025 | 207 | $473.5M | IWL, QQQ, MOAT, VNLA, SPYM |
| Q1 2025 | 111 | $184.1M | IWL, MOAT, QQQ, SDVY, VNLA |
| Q4 2024 | 106 | $178.1M | IWL, MOAT, QQQ, VNLA, SDVY |