Richmond Investment Services, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Richmond Investment Services, LLC reported 235 stock positions worth $578.5 million. Its top holding was iShares Russell Top 200 ETF (IWL) at 11.7% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 7.1%) and Ste STR SPDR PT S&P 500 ETF (SPYM, 6.3%). Compared with Q3 2025, it opened 18 new positions, sold out of 7, added to 141 and reduced 69. The biggest buy was First Trust Long/Short Eqty (FTLS, shares +64%) and the biggest sale Vanguard Mrngstar GR ETF-Sui (VUG, shares −12%).
- Most Recent 13F
- Q2 2026
- Location
- Mequon, WI
- CIK
- 0002031991
- Portfolio Value
- $578.5M (Q4 2025)
- SEC Filing
- 0002085853-26-000262 ↗ filed Feb 12, 2026
Holdings Value
Holdings 235 stocks · $578.5M
| IWL iShares Russell Top 200 ETF | 11.69% | 396,436 | $67.6M | Add +2.7% |
| QQQ Invesco QQQ Trust Series 1 | 7.14% | 67,207 | $41.3M | Add +3.1% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 6.26% | 451,131 | $36.2M | Add +8.5% |
| MOAT Vaneck Morningstar Wide Moat | 5.30% | 295,973 | $30.7M | Reduce -0.7% |
| GDX Vaneck Gold Miners ETF | 3.73% | 251,328 | $21.6M | Add +1.6% |
| VNLA Janus Henderson Short Durati | 3.50% | 412,177 | $20.3M | Reduce -1.1% |
| GTO Invesco Total Return Bond Et | 2.83% | 345,056 | $16.4M | Add +11.5% |
| SDVY First Trust Smid Cap Rising | 2.63% | 396,720 | $15.2M | Add +11.9% |
| ISPY Proshares S&P High Incom ETF | 2.61% | 330,464 | $15.1M | Add +3.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.46% | 29,170 | $14.2M | Reduce -12.1% |
| FYC First Trust Small Cap Growth | 2.38% | 143,085 | $13.8M | Add +2.6% |
| SPSM SS SPDR P S&P 600 Small Cap | 1.82% | 224,121 | $10.5M | Add +14.7% |
| AVEM Avantis Emerging Markets Eq | 1.75% | 131,711 | $10.1M | Add +4.9% |
| VEU Vanguard Ftse All-World Ex-U | 1.73% | 136,398 | $10.0M | Add +11.2% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 1.50% | 199,428 | $8.7M | Add +1.4% |
| SPDW Ste STR SPDR PT DW Eu ETF | 1.32% | 172,267 | $7.7M | Add +11.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.30% | 15,004 | $7.5M | Add +10.0% |
| BUFZ FT Vest Laddered Moderate Bu | 1.28% | 279,588 | $7.4M | Add +11.9% |
| NVDA Nvidia Corp. | 1.26% | 39,194 | $7.3M | Add +5.0% |
| SMH Vaneck Semiconductor ETF | 1.11% | 17,819 | $6.4M | Add +20.6% |
| AAPL Apple Inc. | 1.04% | 22,156 | $6.0M | Add +4.2% |
| VWO Vanguard Ftse Emerging Marke | 1.03% | 110,524 | $5.9M | Add +14.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.00% | 8,524 | $5.8M | Add +5.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.90% | 15,591 | $5.2M | Add +3.1% |
| FTLS First Trust Long/Short Eqty | 0.81% | 65,796 | $4.7M | Add +63.6% |
| SPEM State Street SP PTF Em ETF | 0.77% | 95,678 | $4.5M | Add +15.1% |
| AMZN Amazon.com Inc. | 0.74% | 18,448 | $4.3M | Add +3.1% |
| BUFQ FT VST Lad NSDQ Buf ETF-Usdi | 0.71% | 115,230 | $4.1M | Add +21.6% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.70% | 66,475 | $4.0M | Add +18.4% |
| XLK SS Technology Select Sector | 0.65% | 26,194 | $3.8M | Reduce -7.0% |
| MSFT Microsoft Corp. | 0.64% | 7,660 | $3.7M | Reduce -0.3% |
| BUFD FT VST Lad Deep Buf ETF-Usdi | 0.60% | 123,324 | $3.5M | Add +3.9% |
| GOOGL Alphabet Inc. Class A | 0.60% | 11,009 | $3.4M | Add +4.5% |
| IVV iShares Core S&P 500 ETF | 0.53% | 4,497 | $3.1M | Add +20.2% |
| BSCR Invesco Bulletshares 2027 CB | 0.50% | 146,982 | $2.9M | Add +14.4% |
| CLOI Vaneck Clo ETF | 0.50% | 54,541 | $2.9M | Add +51.8% |
| RECS Columbia Resear Enh Cor ETF | 0.48% | 67,885 | $2.8M | Add +3.8% |
| IEMG iShares Core MSCI Emerging | 0.45% | 38,825 | $2.6M | Add +17.3% |
| GOOG Alphabet Inc. Class C | 0.43% | 7,894 | $2.5M | Reduce -1.0% |
| FTCS First Trust Capital Strength | 0.42% | 26,420 | $2.4M | Add +0.7% |
| USMC Principal US Mega-Cap ETF | 0.38% | 32,147 | $2.2M | Add +6.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.37% | 11,226 | $2.1M | Reduce -1.5% |
| FV First Trust DW Focus 5 Fund | 0.35% | 32,641 | $2.1M | Reduce -8.4% |
| IVW iShares S&P 500 Growth ETF | 0.35% | 16,370 | $2.0M | Add +6.3% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.34% | 42,642 | $2.0M | Add +6.1% |
| TSLA Tesla Inc. | 0.34% | 4,411 | $2.0M | Add +7.1% |
| SPHQ Invesco S&P 500 Quality ETF | 0.34% | 26,378 | $2.0M | Reduce -10.0% |
| IEFA iShares Core MSCI Eafe ETF | 0.34% | 21,763 | $1.9M | Add +20.3% |
| MBB iShares MBS ETF | 0.33% | 20,097 | $1.9M | Add +6.7% |
| BSCS Invesco Bulletshares 2028 CB | 0.33% | 91,585 | $1.9M | Add +2.9% |
| IVE iShares S&P 500 Value ETF | 0.32% | 8,646 | $1.8M | Add +39.5% |
| CGGR Cap Group Growth Equity | 0.31% | 39,687 | $1.8M | Add +49.7% |
| GOVT iShares US Treasury Bond ETF | 0.29% | 73,941 | $1.7M | Add +13.0% |
| RDVY First Trust Rising Dividend | 0.29% | 24,370 | $1.7M | Add +1.8% |
| QUAL iShares MSCI USA Quality Fac | 0.29% | 8,466 | $1.7M | Reduce -4.9% |
| XBXMX Nuveen S&P 500 Buy-WR Inc. | 0.29% | 113,259 | $1.7M | Reduce -1.0% |
| CGCB Cap Group Core Bond | 0.28% | 60,817 | $1.6M | Add +58.3% |
| JAAA Janus Henderson Aaa Clo ETF | 0.28% | 31,520 | $1.6M | Add +16.4% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.27% | 5,470 | $1.6M | Reduce -50.4% |
| TLH iShares 10-20 Year Treasury | 0.27% | 15,529 | $1.6M | Add +86.0% |
| IWM iShares Russell 2000 ETF | 0.27% | 6,353 | $1.6M | Add +10.8% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 0.25% | 35,435 | $1.4M | Add +40.4% |
| WEC WEC Energy Group Inc. | 0.24% | 13,267 | $1.4M | Add +13.7% |
| FDN First Trust DJ Internet Ind | 0.24% | 5,132 | $1.4M | Reduce -5.1% |
| LLY Eli Lilly & Co. | 0.24% | 1,269 | $1.4M | Add +4.1% |
| CGCP Cap Group Core Plus Income | 0.23% | 59,482 | $1.3M | Add +59.0% |
| IUSG iShares Core S&P U.S. Growth | 0.23% | 8,014 | $1.3M | Add +25.2% |
| THRO iShares U.S. Thematic Rotati | 0.23% | 34,591 | $1.3M | Add +14.7% |
| VRT Vertiv Holdings Co. Class A | 0.22% | 8,014 | $1.3M | Add +9.3% |
| JMBS Janus Henderson Mortg Backed | 0.20% | 25,810 | $1.2M | Add +0.1% |
| FTC First Trust Large Cap Growth | 0.20% | 7,353 | $1.2M | Reduce -0.4% |
| FIXD First Trust Smith Opportunis | 0.20% | 26,466 | $1.2M | Add +0.2% |
| FTA First Trust L C Val Alp | 0.20% | 13,246 | $1.1M | Add +0.1% |
| CIBR First Trust Nasdaq Cybersecu | 0.19% | 15,617 | $1.1M | Add +1.9% |
| EFV iShares MSCI Eafe Value ETF | 0.19% | 15,548 | $1.1M | Add +1.3% |
| OEF iShares S&P 100 ETF | 0.19% | 3,189 | $1.1M | Add +13.3% |
| MUB iShares National Muni Bond E | 0.18% | 9,892 | $1.1M | Add +24.5% |
| FVD First Trust Value Line DVD | 0.18% | 22,753 | $1.0M | Reduce -6.2% |
| GLD SPDR Gold Shares | 0.18% | 2,632 | $1.0M | Add +3.1% |
| CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT | 0.18% | 35,061 | $1.0M | Add +50.3% |
| AVGO Broadcom Inc. | 0.18% | 2,967 | $1.0M | Add +40.0% |
| AIQ Global X Art Intel & Tech | 0.17% | 19,025 | $968K | Reduce -6.3% |
| IUSV iShares Core S&P U.S. Value | 0.16% | 9,305 | $954K | Add +31.2% |
| MTUM iShares MSCI USA Momentum Fa | 0.16% | 3,584 | $898K | Add +14.5% |
| IREN Iren Ltd. filed as IREN LIMITED | 0.15% | 23,713 | $896K | Reduce -33.8% |
| AIRR First Trust Rba American Ind | 0.15% | 9,077 | $892K | Add +98.8% |
| JNJ Johnson & Johnson | 0.15% | 4,293 | $888K | Add +0.1% |
| FEP First Trust Europe | 0.15% | 16,508 | $887K | Add +0.2% |
| IJR iShares Core S&P Small-Cap E | 0.15% | 7,370 | $886K | Add +22.7% |
| FEX First Trust Large Cap Core A | 0.15% | 7,438 | $882K | No change |
| BAI Ishrs AI in and Tech Act ETF | 0.15% | 25,742 | $857K | Add +77.8% |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | 0.15% | 33,457 | $842K | Reduce -3.9% |
| SCHG Schwab US Large-Cap Growth | 0.14% | 25,540 | $833K | Add +39.0% |
| JPM JPMorgan Chase & Co. | 0.14% | 2,571 | $828K | Reduce -3.9% |
| BDYN iShares DYN Act ETF | 0.14% | 32,032 | $820K | Add +25.0% |
| TDIV FT Nasdaq Tech DVD Index FD | 0.14% | 8,320 | $806K | Add +0.1% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.14% | 3,774 | $799K | Add +0.4% |
| VGT Vanguard Info Tech ETF | 0.14% | 1,056 | $796K | Reduce -3.4% |
| USMV iShares MSCI USA Min Vol Fac | 0.13% | 8,290 | $781K | Reduce -17.6% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.13% | 8,401 | $768K | Reduce -14.1% |
Portfolio Sells Q3 2025 → Q4 2025
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -12.1% | 2.46% | −0.50 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -50.4% | 0.27% | −0.33 |
| VNLA Janus Henderson Short Durati | Reduce -1.1% | 3.50% | −0.32 |
| KNG FT Vest S&P 500 DVD Arst TRG | Sold out | 0.00% | −0.24 |
| BSCP Invesco Bulletshares 2025 CB | Sold out | 0.00% | −0.23 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -0.7% | 5.30% | −0.20 |
| IREN Iren Ltd. | Reduce -33.8% | 0.15% | −0.16 |
| MSFT Microsoft Corp. | Reduce -0.3% | 0.64% | −0.10 |
| SPTI SS SPDR P Int Term TSY ETF | Reduce -47.7% | 0.09% | −0.09 |
| XLK SS Technology Select Sector | Reduce -7.0% | 0.65% | −0.09 |
| IBTK iShares Ibonds Dec 2030 Trea | Reduce -32.1% | 0.11% | −0.06 |
| SPHQ Invesco S&P 500 Quality ETF | Reduce -10.0% | 0.34% | −0.06 |
| FV First Trust DW Focus 5 Fund | Reduce -8.4% | 0.35% | −0.06 |
| GSEW Goldman Sachs Eql WGHT Large | Sold out | 0.00% | −0.05 |
| IYW iShares Ustechnology ETF | Reduce -41.3% | 0.06% | −0.05 |
| CRDO Credo Technology Group Holdi | Reduce -51.7% | 0.04% | −0.05 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -17.6% | 0.13% | −0.04 |
| FDN First Trust DJ Internet Ind | Reduce -5.1% | 0.24% | −0.04 |
| META Meta Platforms Inc. Class A | Reduce -12.1% | 0.12% | −0.04 |
| FAST Fastenal Co. | Sold out | 0.00% | −0.04 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.04 |
| RSP Invesco S&P 500 Equal Weight | Reduce -21.8% | 0.11% | −0.04 |
| OMFS Invesco RSL 2000 DYN Mltfctr | Sold out | 0.00% | −0.04 |
| LNT Alliant Energy Corp. | Sold out | 0.00% | −0.04 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -20.4% | 0.11% | −0.04 |
| TMFC Motley Fool 100 Index ETF | Reduce -19.2% | 0.11% | −0.04 |
| T AT&T Inc. | Reduce -4.6% | 0.12% | −0.03 |
| PANW Palo Alto Networks Inc. | Reduce -18.1% | 0.08% | −0.03 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -14.1% | 0.13% | −0.03 |
| VOOV Vanguard S&P 500 Value ETF | Reduce -36.4% | 0.05% | −0.03 |
| QUAL iShares MSCI USA Quality Fac | Reduce -4.9% | 0.29% | −0.03 |
| FTSM First Trust Enh Short Mat FD | Reduce -30.8% | 0.06% | −0.03 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Reduce -7.8% | 0.13% | −0.03 |
| HD Home Depot Inc. | Reduce -4.2% | 0.09% | −0.03 |
| CGBL Cap Group Core Balanced | Reduce -12.7% | 0.13% | −0.03 |
| FVD First Trust Value Line DVD | Reduce -6.2% | 0.18% | −0.03 |
| ORCL Oracle Corp. | Reduce -0.6% | 0.04% | −0.03 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -1.5% | 0.37% | −0.03 |
| XLF SS Financial Select Sector | Reduce -15.0% | 0.10% | −0.02 |
| XLC SS Comm Select Sector SPDR | Reduce -34.2% | 0.04% | −0.02 |
| FEMS First Trust Emerging Markets | Reduce -15.4% | 0.07% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Reduce -10.2% | 0.11% | −0.02 |
| XBXMX Nuveen S&P 500 Buy-WR Inc. | Reduce -1.0% | 0.29% | −0.02 |
| AIQ Global X Art Intel & Tech | Reduce -6.3% | 0.17% | −0.02 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -19.2% | 0.06% | −0.02 |
| FTC First Trust Large Cap Growth | Reduce -0.4% | 0.20% | −0.02 |
| VZ Verizon Communications Inc. | Reduce -2.5% | 0.09% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -4.5% | 0.08% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -14.5% | 0.05% | −0.02 |
| FNX First Trust Mid Cap Core Alp | Reduce -10.3% | 0.08% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| FTLS First Trust Long/Short Eqty | Add +63.6% | 0.81% | +0.28 |
| SMH Vaneck Semiconductor ETF | Add +20.6% | 1.11% | +0.21 |
| GDX Vaneck Gold Miners ETF | Add +1.6% | 3.73% | +0.21 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +8.5% | 6.26% | +0.19 |
| CLOI Vaneck Clo ETF | Add +51.8% | 0.50% | +0.14 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +14.7% | 1.82% | +0.13 |
| SDVY First Trust Smid Cap Rising | Add +11.9% | 2.63% | +0.12 |
| GOOGL Alphabet Inc. Class A | Add +4.5% | 0.60% | +0.12 |
| TLH iShares 10-20 Year Treasury | Add +86.0% | 0.27% | +0.11 |
| VEU Vanguard Ftse All-World Ex-U | Add +11.2% | 1.73% | +0.11 |
| BUFQ FT VST Lad NSDQ Buf ETF-Usdi | Add +21.6% | 0.71% | +0.10 |
| EMBX Vaneck Em Bond ETF | New | 0.09% | +0.09 |
| GTO Invesco Total Return Bond Et | Add +11.5% | 2.83% | +0.09 |
| GRID First TRST Nasd Class Edg Sgiif | New | 0.09% | +0.09 |
| CGCB Cap Group Core Bond | Add +58.3% | 0.28% | +0.09 |
| CGGR Cap Group Growth Equity | Add +49.7% | 0.31% | +0.09 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +11.0% | 1.32% | +0.09 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +18.4% | 0.70% | +0.08 |
| IVE iShares S&P 500 Value ETF | Add +39.5% | 0.32% | +0.08 |
| BUFZ FT Vest Laddered Moderate Bu | Add +11.9% | 1.28% | +0.08 |
| CGCP Cap Group Core Plus Income | Add +59.0% | 0.23% | +0.07 |
| AIRR First Trust Rba American Ind | Add +98.8% | 0.15% | +0.07 |
| IVV iShares Core S&P 500 ETF | Add +20.2% | 0.53% | +0.07 |
| LLY Eli Lilly & Co. | Add +4.1% | 0.24% | +0.06 |
| SHLD Global X Defense Tech ETF | New | 0.06% | +0.06 |
| CGUS Cap Group Core Equity | Add +40.4% | 0.25% | +0.06 |
| AOR iShares Core 60/40 Balanced | New | 0.06% | +0.06 |
| GE General Electric | New | 0.06% | +0.06 |
| BAI Ishrs AI in and Tech Act ETF | Add +77.8% | 0.15% | +0.06 |
| VWO Vanguard Ftse Emerging Marke | Add +14.7% | 1.03% | +0.06 |
| CGXU Cap Group Intl Focus | Add +50.3% | 0.18% | +0.05 |
| SPAB SS SPDR P Agg Bond ETF | New | 0.05% | +0.05 |
| SPEM State Street SP PTF Em ETF | Add +15.1% | 0.77% | +0.05 |
| AVGO Broadcom Inc. | Add +40.0% | 0.18% | +0.05 |
| IEUR iShares Core MSCI Europe ETF | New | 0.05% | +0.05 |
| IEMG iShares Core MSCI Emerging | Add +17.3% | 0.45% | +0.04 |
| EMXC iShares MSCI Emr MRK Ex Chna | New | 0.04% | +0.04 |
| IEFA iShares Core MSCI Eafe ETF | Add +20.3% | 0.34% | +0.04 |
| SPYI Neos S&P 500 High Income ETF | New | 0.04% | +0.04 |
| SLYG SS SPDR S&P 600 SC GR ETF | New | 0.04% | +0.04 |
| GEV GE Vernova Inc. | New | 0.04% | +0.04 |
| IUSG iShares Core S&P U.S. Growth | Add +25.2% | 0.23% | +0.04 |
| IDHQ Invesco S&P International DE | New | 0.04% | +0.04 |
| VFH Vanguard Financials ETF | New | 0.04% | +0.04 |
| AMAT Applied Materials Inc. | New | 0.04% | +0.04 |
| SCHG Schwab US Large-Cap Growth | Add +39.0% | 0.14% | +0.03 |
| EFG iShares MSCI Eafe Growth ETF | New | 0.03% | +0.03 |
| MRK Merck & Co. Inc. | New | 0.03% | +0.03 |
| BUFR FT Vest Lad Buffervetf-Usd I | Add +46.8% | 0.12% | +0.03 |
| AAPL Apple Inc. | Add +4.2% | 1.04% | +0.03 |
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 |