Richmond Investment Services, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), Richmond Investment Services, LLC reported 207 stock positions worth $473.5 million. Its top holding was iShares Russell Top 200 ETF (IWL) at 12.2% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 7.4%) and Vaneck Morningstar Wide Moat (MOAT, 6.2%). Compared with Q1 2025, it opened 100 new positions, sold out of 4, added to 106 and reduced 1. The biggest buy was Ste STR SPDR PT S&P 500 ETF (SPYM, shares +566%) and the biggest sale an exit from iShares Preferred & Income S (PFF).

Most Recent 13F
Q2 2026
Location
Mequon, WI
CIK
0002031991
Portfolio Value
$473.5M (Q2 2025)
SEC Filing
0001667731-25-001095 ↗ filed Aug 12, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q4 2024: $178.1M Q4 2024 Q1 2025: $184.1M Q1 2025 Q2 2025: $473.5M $473.5M Q2 2025 Q3 2025: $537.4M Q3 2025 Q4 2025: $578.5M Q4 2025 Q1 2026: $618.8M Q1 2026 Q2 2026: $316.1M Q2 2026

Holdings 207 stocks · $473.5M

IWL iShares Russell Top 200 ETF 12.18% 376,570 $57.7M Add +104.0%
QQQ Invesco QQQ Trust Series 1 7.44% 63,861 $35.2M Add +103.9%
MOAT Vaneck Morningstar Wide Moat 6.20% 312,899 $29.3M Add +84.3%
VNLA Janus Henderson Short Durati 4.79% 460,617 $22.7M Add +150.3%
SPYM Ste STR SPDR PT S&P 500 ETF 4.72% 307,324 $22.3M Add +566.1%
SDVY First Trust Smid Cap Rising 4.18% 560,714 $19.8M Add +103.2%
VUG Vanguard Mrngstar GR ETF-Sui 3.15% 34,048 $14.9M Add +84.9%
ISPY Proshares S&P High Incom ETF 2.86% 318,980 $13.5M Add +104.4%
GDX Vaneck Gold Miners ETF 2.71% 246,356 $12.8M Add +99.5%
GTO Invesco Total Return Bond Et 2.34% 236,542 $11.1M Add +752.2%
FYC First Trust Small Cap Growth 2.29% 136,207 $10.8M Add +103.8%
VEU Vanguard Ftse All-World Ex-U 1.80% 126,524 $8.5M New
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 1.59% 190,710 $7.5M Add +108.2%
BRK.B Berkshire Hathaway Inc. Class B 1.36% 13,252 $6.4M Add +116.6%
BUFZ FT Vest Laddered Moderate Bu 1.29% 245,852 $6.1M Add +104.7%
SPSM SS SPDR P S&P 600 Small Cap 1.27% 140,629 $6.0M Add +591.5%
NVDA Nvidia Corp. 1.18% 35,242 $5.6M Add +158.6%
SPY SS SPDR S&P 500 ETF Trust-US 1.08% 8,267 $5.1M Add +113.6%
VWO Vanguard Ftse Emerging Marke 1.06% 101,095 $5.0M Add +85.7%
VTI VG Morningstar TS MKT ETF-US 1.05% 16,398 $5.0M Add +119.5%
SPDW Ste STR SPDR PT DW Eu ETF 0.99% 115,996 $4.7M Add +569.3%
AAPL Apple Inc. 0.91% 21,076 $4.3M Add +117.4%
AMZN Amazon.com Inc. 0.81% 17,513 $3.8M Add +133.6%
XLK SS Technology Select Sector 0.78% 14,648 $3.7M Add +80.0%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.77% 13,082 $3.7M Add +84.6%
MSFT Microsoft Corp. 0.77% 7,290 $3.6M Add +166.3%
BUFD FT VST Lad Deep Buf ETF-Usdi 0.66% 117,842 $3.1M Add +107.1%
BUFQ FT VST Lad NSDQ Buf ETF-Usdi 0.65% 93,324 $3.1M Add +97.9%
SMH Vaneck Semiconductor ETF 0.62% 10,462 $2.9M Add +208.0%
BIL SS SPDR BB 1-3M T-Bill ETF 0.61% 31,390 $2.9M Add +69.5%
FTCS First Trust Capital Strength 0.59% 30,743 $2.8M Add +79.5%
FTLS First Trust Long/Short Eqty 0.55% 39,513 $2.6M Add +105.7%
BSCR Invesco Bulletshares 2027 CB 0.55% 132,734 $2.6M Add +136.9%
SPEM State Street SP PTF Em ETF 0.54% 59,350 $2.5M Add +541.3%
RECS Columbia Resear Enh Cor ETF 0.53% 68,148 $2.5M Add +102.9%
DYNF Ishrs US E F R A ETF-Usd Inc. 0.52% 45,544 $2.5M Add +269.0%
CLOI Vaneck Clo ETF 0.50% 44,554 $2.4M Add +113.1%
FV First Trust DW Focus 5 Fund 0.49% 39,146 $2.3M Add +42.8%
VTV Vanguard Mrngstr Val ETF-Aui 0.46% 12,323 $2.2M Add +82.2%
IVV iShares Core S&P 500 ETF 0.46% 3,483 $2.2M Add +387.8%
RDVY First Trust Rising Dividend 0.41% 31,118 $2.0M Add +51.1%
USMC Principal US Mega-Cap ETF 0.40% 30,182 $1.9M Add +99.1%
SPHQ Invesco S&P 500 Quality ETF 0.40% 26,256 $1.9M Add +181.3%
BSCS Invesco Bulletshares 2028 CB 0.38% 87,581 $1.8M Add +103.6%
GOOGL Alphabet Inc. Class A 0.38% 10,135 $1.8M Add +128.8%
IEMG iShares Core MSCI Emerging 0.36% 28,629 $1.7M New
QUAL iShares MSCI USA Quality Fac 0.36% 9,265 $1.7M New
FVD First Trust Value Line DVD 0.35% 37,505 $1.7M Add +68.8%
XBXMX Nuveen S&P 500 Buy-WR Inc. 0.33% 114,171 $1.6M Add +95.7%
JAAA Janus Henderson Aaa Clo ETF 0.33% 30,890 $1.6M Add +85.9%
TMFC Motley Fool 100 Index ETF 0.33% 24,200 $1.6M Add +6.8%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 0.32% 32,480 $1.5M New
IVW iShares S&P 500 Growth ETF 0.31% 13,444 $1.5M Add +475.5%
TSLA Tesla Inc. 0.31% 4,563 $1.4M Add +130.3%
FDN First Trust DJ Internet Ind 0.31% 5,378 $1.4M Add +123.9%
BSCP Invesco Bulletshares 2025 CB 0.29% 67,517 $1.4M Add +89.6%
IEFA iShares Core MSCI Eafe ETF 0.29% 16,573 $1.4M New
GOOG Alphabet Inc. Class C 0.29% 7,665 $1.4M Add +145.3%
MBB iShares MBS ETF 0.28% 14,058 $1.3M New
IWM iShares Russell 2000 ETF 0.27% 5,814 $1.3M Add +122.2%
KNG FT Vest S&P 500 DVD Arst TRG 0.26% 25,338 $1.2M Add +112.5%
WEC WEC Energy Group Inc. 0.26% 11,773 $1.2M Add +92.8%
FIXD First Trust Smith Opportunis 0.25% 26,758 $1.2M Add +102.4%
FTC First Trust Large Cap Growth 0.25% 7,776 $1.2M Add +98.3%
JMBS Janus Henderson Mortg Backed 0.25% 25,780 $1.2M Add +98.6%
IVE iShares S&P 500 Value ETF 0.23% 5,595 $1.1M New
CIBR First Trust Nasdaq Cybersecu 0.23% 14,427 $1.1M Add +44.7%
FTA First Trust L C Val Alp 0.22% 13,438 $1.1M Add +100.1%
VRT Vertiv Holdings Co. Class A 0.21% 7,774 $998K Add +27.1%
GOVT iShares US Treasury Bond ETF 0.21% 42,884 $985K New
LLY Eli Lilly & Co. 0.20% 1,224 $954K Add +123.0%
EFV iShares MSCI Eafe Value ETF 0.19% 14,384 $913K New
CGGR Cap Group Growth Equity 0.19% 22,261 $905K New
SPTI SS SPDR P Int Term TSY ETF 0.19% 31,227 $898K New
USMV iShares MSCI USA Min Vol Fac 0.18% 9,210 $864K Add +94.4%
CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET 0.18% 23,406 $864K Add +154.2%
FTSM First Trust Enh Short Mat FD 0.18% 14,354 $859K Add +0.4%
T AT&T Inc. 0.18% 29,559 $855K Add +113.1%
AIQ Global X Art Intel & Tech 0.18% 19,383 $847K Add +122.2%
RSP Invesco S&P 500 Equal Weight 0.18% 4,616 $839K Add +37.0%
XEVTX Eaton Vance Tax-Adv DVD Inc. 0.18% 34,684 $836K Add +100.8%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.18% 2,938 $835K Add +91.7%
CGBL Cap Group Core Balanced filed as CAPITAL GROUP CORE BALANCED 0.17% 24,583 $822K Add +91.5%
FEX First Trust Large Cap Core A 0.17% 7,440 $818K Add +81.9%
META Meta Platforms Inc. Class A 0.17% 1,083 $800K Add +162.9%
FEP First Trust Europe 0.17% 16,710 $799K Add +100.5%
IBTK iShares Ibonds Dec 2030 Trea 0.16% 39,152 $777K Add +97.8%
IUSG iShares Core S&P U.S. Growth 0.16% 5,102 $767K New
VBK Van Morst SML-Cap Gro-Usd Inc. 0.16% 2,694 $747K Add +93.3%
TDIV FT Nasdaq Tech DVD Index FD 0.16% 8,243 $743K Add +56.2%
AVEM Avantis Emerging Markets Eq 0.15% 10,704 $734K Add +68.3%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.15% 3,752 $732K Add +91.7%
WMT Walmart Inc. 0.15% 7,419 $725K New
MUB iShares National Muni Bond E 0.15% 6,941 $725K New
IYW iShares Ustechnology ETF 0.15% 4,143 $718K New
JNJ Johnson & Johnson 0.15% 4,635 $708K New
VGT Vanguard Info Tech ETF 0.15% 1,051 $697K New
GLD SPDR Gold Shares 0.15% 2,268 $691K Add +177.9%
AVGO Broadcom Inc. 0.15% 2,499 $689K New
JPM JPMorgan Chase & Co. 0.14% 2,355 $682K Add +135.3%
PANW Palo Alto Networks Inc. 0.14% 3,286 $672K Add +87.2%
MTUM iShares MSCI USA Momentum Fa 0.14% 2,738 $658K New
MCD McDonald's Corp. 0.14% 2,252 $658K Add +131.4%
CGCB Cap Group Core Bond 0.14% 24,508 $645K New
SPYG SS SPDR P S&P 500 Growth ETF 0.14% 6,742 $643K New
IJR iShares Core S&P Small-Cap E 0.13% 5,799 $634K New
IJH iShares Core S&P Midcap ETF 0.13% 10,216 $634K Add +100.8%
JCI Johnson Controls Internation 0.13% 5,947 $628K Add +104.4%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.13% 3,786 $623K Add +89.5%
SUSA iShares ESG Optimized MSCI U 0.12% 4,662 $591K Add +100.2%
SPYV SS SPDR P S&P 500 Value ETF 0.12% 11,217 $587K New
HD Home Depot Inc. 0.12% 1,595 $585K Add +191.6%
IDLV Invesco S&P International DE 0.12% 17,361 $575K Add +101.2%
VRIG Invesco Variable Rate Invest 0.12% 22,042 $552K Add +78.8%
COST Costco Wholesale Corp. 0.12% 551 $545K Add +56.5%
SPIB SS SPDR P Int C Corp. ETF 0.11% 16,178 $543K New
VZ Verizon Communications Inc. 0.11% 12,523 $542K Add +118.4%
DAVE Dave Inc. 0.11% 2,008 $539K New
FEM First Trust Emerging Markets 0.11% 21,940 $539K Add +100.4%
FAAR First Trust Alt Abs Ret ETF 0.11% 19,298 $536K Add +100.1%
IUSV iShares Core S&P U.S. Value 0.11% 5,637 $533K New
CGCP Cap Group Core Plus Income 0.11% 23,369 $526K New
THRO iShares U.S. Thematic Rotati 0.11% 14,575 $519K New
WFC Wells Fargo & Co. 0.11% 6,422 $515K Add +129.0%
V Visa Inc. Class A 0.11% 1,433 $509K New
XLF SS Financial Select Sector 0.11% 9,628 $504K New
TLH iShares 10-20 Year Treasury 0.10% 4,744 $482K New
FNX First Trust Mid Cap Core Alp 0.10% 4,178 $480K Add +100.1%
USB US Bancorp 0.10% 10,519 $476K Add +102.5%
KO The Coca-Cola Co. 0.10% 6,679 $473K Add +129.1%
VEA Vanguard Ftse Developed ETF 0.10% 8,113 $462K Add +86.8%
VONG Vanguard Russell 1000 Growth 0.10% 4,199 $459K New
VOO Vanguard S&P 500 ETF 0.10% 805 $457K Add +70.2%
FMF First Trust Managed Futures 0.10% 10,098 $457K Add +100.2%
FEMS First Trust Emerging Markets 0.09% 10,864 $441K Add +100.3%
SCHG Schwab US Large-Cap Growth 0.09% 14,981 $438K New
PG The Procter & Gamble Co. 0.09% 2,732 $435K New
EFG iShares MSCI Eafe Growth ETF 0.09% 3,876 $434K New
BUFR FT Vest Lad Buffervetf-Usd I 0.09% 13,484 $429K New
CAT Caterpillar Inc. 0.09% 1,089 $423K New
VCIT Vanguard Int-Term Corporate 0.09% 5,047 $419K New
VOOV Vanguard S&P 500 Value ETF 0.09% 2,188 $413K Add +100.4%
OEF iShares S&P 100 ETF 0.09% 1,342 $408K New
EFA iShares MSCI Eafe ETF 0.09% 4,560 $408K New
XMLV Invesco S&P Midcap Low Volat 0.09% 6,543 $404K Add +56.9%
CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT 0.08% 14,649 $397K New
MCK McKesson Corp. 0.08% 542 $397K New
FTSL First Trust Senior Loan ETF 0.08% 8,572 $393K New
XLC SS Comm Select Sector SPDR 0.08% 3,486 $378K New
XLV SS Health Care Select Sector 0.08% 2,756 $371K New
VONV Vanguard Russell 1000 Value 0.08% 4,337 $370K New
AIRR First Trust Rba American Ind 0.08% 4,522 $368K New
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.08% 6,752 $367K New
BKLN Invesco Senior Loan ETF 0.08% 17,452 $365K New
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.08% 990 $363K New
NOBL Proshares S&P 500 Dividend A 0.07% 3,521 $354K Add +61.9%
IJK iShares S&P Mid-Cap 400 Grow 0.07% 3,880 $353K New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.07% 1,191 $351K New
NFLX Netflix Inc. 0.07% 259 $347K New
GSEW Goldman Sachs Eql WGHT Large 0.07% 4,196 $342K New
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.07% 3,299 $338K New
FTHI Fthi/First Trust Exchange-TR 0.07% 14,666 $335K New
XLI SS Industrial Select Sector 0.07% 2,266 $334K New
QQQM Invesco Nasdaq 100 ETF 0.07% 1,466 $333K New
SPMV Invesco S&P 500 Minimum Vari 0.07% 6,704 $324K New
MA Mastercard Inc. Class A 0.07% 554 $312K New
SRLN SS Blackstone Sr Loan ETF 0.06% 7,082 $295K New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.06% 2,354 $292K New
ABBV Abbvie Inc. 0.06% 1,525 $283K New
IREN Iren Ltd. filed as IREN LIMITED 0.06% 19,022 $277K New
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.06% 5,815 $275K New
XOM Exxon Mobil Corp. 0.06% 2,493 $269K New
BINC iShares Flex I A ETF-Usd Inc. 0.06% 5,080 $268K New
SPMO Invesco S&P 500 Momentum ETF 0.06% 2,374 $267K Reduce -13.1%
CVX Chevron Corp. 0.06% 1,856 $266K New
IAGG iShares Intl Aggregate Bond 0.06% 5,166 $264K New
MRVL Marvell Technology Inc. 0.06% 3,390 $262K New
VIS Vanguard Industrials ETF 0.05% 926 $259K New
OMFS Invesco RSL 2000 DYN Mltfctr 0.05% 6,438 $258K New
IJT iShares S&P Small-Cap 600 GR 0.05% 1,939 $258K New
EMB iShares JP Morgan Usd Emergi 0.05% 2,781 $258K New
VTIP Vanguard Short-Term Tips 0.05% 5,068 $255K New
IJJ iShares S&P Mid-Cap 400 Valu 0.05% 2,023 $250K New
PM Philip Morris International 0.05% 1,371 $250K New
TMO Thermo Fisher Scientific Inc. 0.05% 614 $249K New
MU Micron Technology Inc. 0.05% 1,994 $246K New
SPLV Invesco S&P 500 Low Volatili 0.05% 3,338 $243K New
CRDO Credo Technology Group Holdi 0.05% 2,596 $240K New
VHT Vanguard Health Care ETF 0.05% 956 $237K New
FNY First Trust Mid Cap Growth 0.05% 2,854 $235K New
ORCL Oracle Corp. 0.05% 1,075 $235K New
IUS Invesco Rafi Strategic US Et 0.05% 4,494 $231K New
EFAV iShares MSCI Eafe Min Vol Fa 0.05% 2,690 $226K New
LOW Lowe's Cos Inc. 0.05% 1,018 $226K New
FIS Fidelity National Info Serv 0.05% 2,738 $223K New
RTX RTX Corp. 0.05% 1,516 $221K New
BLK BlackRock Inc. 0.05% 211 $221K New
FXO First Trust Financial Alphad 0.05% 3,908 $219K New
FCVT First Trust Ssi Strategi ETF 0.05% 5,624 $218K New
QCOM Qualcomm Inc. 0.05% 1,354 $216K New
DSI iShares ESG MSCI KLD 400 ETF 0.05% 1,851 $215K New
PLTR Palantir Technologies Inc. Class A 0.04% 1,518 $207K New
IGF iShares Global Infrastructur 0.04% 3,488 $206K New
COIN Coinbase Global Inc. Class A 0.04% 576 $202K New
ED Consolidated Edison Inc. 0.04% 1,995 $200K New
BSCQ Invesco Bulletshares 2026 CB 0.04% 10,146 $198K New
PDBC Invesco Optimum Yield Divers 0.03% 11,550 $151K New

Portfolio Sells Q1 2025 → Q2 2025

PFF iShares Preferred & Income S Sold out 0.00% −2.96
IHDG Wisdomtree International Hed Sold out 0.00% −2.48
FXL First Trust Technology Alpha Sold out 0.00% −0.15
FXH First Trust Health Care Alph Sold out 0.00% −0.12
SPMO Invesco S&P 500 Momentum ETF Reduce -13.1% 0.06% −0.08

Portfolio Buys Q1 2025 → Q2 2025

SPYM Ste STR SPDR PT S&P 500 ETF Add +566.1% 4.72% +3.07
VEU Vanguard Ftse All-World Ex-U New 1.80% +1.80
GTO Invesco Total Return Bond Et Add +752.2% 2.34% +1.63
SPSM SS SPDR P S&P 600 Small Cap Add +591.5% 1.27% +0.81
SPDW Ste STR SPDR PT DW Eu ETF Add +569.3% 0.99% +0.65
NVDA Nvidia Corp. Add +158.6% 1.18% +0.37
IEMG iShares Core MSCI Emerging New 0.36% +0.36
QUAL iShares MSCI USA Quality Fac New 0.36% +0.36
SPEM State Street SP PTF Em ETF Add +541.3% 0.54% +0.34
IUSB Ishr CR Unvrse Usd BD ETF-Ui New 0.32% +0.32
IEFA iShares Core MSCI Eafe ETF New 0.29% +0.29
MBB iShares MBS ETF New 0.28% +0.28
IVV iShares Core S&P 500 ETF Add +387.8% 0.46% +0.24
IVE iShares S&P 500 Value ETF New 0.23% +0.23
SMH Vaneck Semiconductor ETF Add +208.0% 0.62% +0.23
GOVT iShares US Treasury Bond ETF New 0.21% +0.21
MSFT Microsoft Corp. Add +166.3% 0.77% +0.21
DYNF Ishrs US E F R A ETF-Usd Inc. Add +269.0% 0.52% +0.20
IVW iShares S&P 500 Growth ETF Add +475.5% 0.31% +0.19
EFV iShares MSCI Eafe Value ETF New 0.19% +0.19
CGGR Cap Group Growth Equity New 0.19% +0.19
SPTI SS SPDR P Int Term TSY ETF New 0.19% +0.19
IUSG iShares Core S&P U.S. Growth New 0.16% +0.16
MUB iShares National Muni Bond E New 0.15% +0.15
WMT Walmart Inc. New 0.15% +0.15
IYW iShares Ustechnology ETF New 0.15% +0.15
JNJ Johnson & Johnson New 0.15% +0.15
VGT Vanguard Info Tech ETF New 0.15% +0.15
AVGO Broadcom Inc. New 0.15% +0.15
MTUM iShares MSCI USA Momentum Fa New 0.14% +0.14
CGCB Cap Group Core Bond New 0.14% +0.14
SPYG SS SPDR P S&P 500 Growth ETF New 0.14% +0.14
IJR iShares Core S&P Small-Cap E New 0.13% +0.13
SPYV SS SPDR P S&P 500 Value ETF New 0.12% +0.12
SPIB SS SPDR P Int C Corp. ETF New 0.11% +0.11
DAVE Dave Inc. New 0.11% +0.11
IUSV iShares Core S&P U.S. Value New 0.11% +0.11
CGCP Cap Group Core Plus Income New 0.11% +0.11
THRO iShares U.S. Thematic Rotati New 0.11% +0.11
V Visa Inc. Class A New 0.11% +0.11
XLF SS Financial Select Sector New 0.11% +0.11
TLH iShares 10-20 Year Treasury New 0.10% +0.10
VONG Vanguard Russell 1000 Growth New 0.10% +0.10
SCHG Schwab US Large-Cap Growth New 0.09% +0.09
PG The Procter & Gamble Co. New 0.09% +0.09
EFG iShares MSCI Eafe Growth ETF New 0.09% +0.09
BUFR FT Vest Lad Buffervetf-Usd I New 0.09% +0.09
CAT Caterpillar Inc. New 0.09% +0.09
VCIT Vanguard Int-Term Corporate New 0.09% +0.09
OEF iShares S&P 100 ETF New 0.09% +0.09

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 145$316.1MIWL, QQQ, SPYM, SMH, VNLA
Q1 2026 255$618.8MIWL, QQQ, SPYM, MOAT, GDX
Q4 2025 235$578.5MIWL, QQQ, SPYM, MOAT, GDX
Q3 2025 224$537.4MIWL, QQQ, SPYM, MOAT, VNLA
Q2 2025 207$473.5MIWL, QQQ, MOAT, VNLA, SPYM
Q1 2025 111$184.1MIWL, MOAT, QQQ, SDVY, VNLA
Q4 2024 106$178.1MIWL, MOAT, QQQ, VNLA, SDVY