Redmond Asset Management 13F annual report

Redmond Asset Management is an investment fund managing more than $304 billion ran by Anita Lavin. There are currently 146 companies in Mrs. Lavin’s portfolio. The largest investments include XPO Inc and JPMorgan Chase & Co, together worth $19.2 billion.

Limited to 30 biggest holdings

$304 billion Assets Under Management (AUM)

As of 2nd August 2024, Redmond Asset Management’s top holding is 98,478 shares of XPO Inc currently worth over $10.5 billion and making up 3.4% of the portfolio value. Relative to the number of outstanding shares of XPO Inc, Redmond Asset Management owns more than approximately 0.1% of the company. In addition, the fund holds 43,084 shares of JPMorgan Chase & Co worth $8.71 billion, whose value fell 3.7% in the past six months. The third-largest holding is Markel Inc worth $8.4 billion and the next is Schwab Charles Corp worth $7.86 billion, with 106,730 shares owned.

Currently, Redmond Asset Management's portfolio is worth at least $304 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Redmond Asset Management

The Redmond Asset Management office and employees reside in Henrico, Virginia. According to the last 13-F report filed with the SEC, Anita Lavin serves as the Chief Compliance Officer at Redmond Asset Management.

Recent trades

In the most recent 13F filing, Redmond Asset Management revealed that it had opened a new position in CME Inc and bought 7,890 shares worth $1.55 billion. This means they effectively own approximately 0.1% of the company. CME Inc makes up 3.8% of the fund's Finance sector allocation and has decreased its share price by 0.7% in the past year.

The investment fund also strengthened its position in Texas Instrs Inc by buying 995 additional shares. This makes their stake in Texas Instrs Inc total 26,530 shares worth $5.16 billion.

On the other hand, there are companies that Redmond Asset Management is getting rid of from its portfolio. Redmond Asset Management closed its position in Atlantic Un Bankshares Corp on 9th August 2024. It sold the previously owned 49,123 shares for $1.73 billion. Anita Lavin also disclosed a decreased stake in XPO Inc by approximately 0.1%. This leaves the value of the investment at $10.5 billion and 98,478 shares.

One of the smaller hedge funds

The two most similar investment funds to Redmond Asset Management are Semmax Advisors and O'brien Greene & Co. Inc. They manage $304 billion and $304 billion respectively.


Anita Lavin investment strategy

Redmond Asset Management’s portfolio is diversified across 12 sectors. Currently, their heaviest sector is Industrials — making up 17.9% of the total portfolio value. The fund focuses on investments in the United States as 62.3% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 40% of the total holdings value. On the other hand, small-cap stocks make up only 3.4% of the portfolio. The average market cap of the portfolio companies is close to $132 billion.

The complete list of Redmond Asset Management trades based on 13F SEC filings

These positions were updated on August 9th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
XPO Inc
0.79%
98,478
$10,453,440,000 3.44%
JPMorgan Chase & Co.
7.76%
43,084
$8,714,076,000 2.87%
Markel Group Inc
4.52%
5,329
$8,396,440,000 2.76%
Schwab Charles Corp
3.38%
106,730
$7,864,956,000 2.59%
Watsco, Inc.
4.01%
16,072
$7,445,362,000 2.45%
Alphabet Inc
1.90%
54,672
$9,976,113,000 3.28%
Cogent Communications Hldgs
0.48%
129,118
$7,287,403,000 2.40%
Fiserv, Inc.
4.14%
46,770
$6,970,601,000 2.30%
Berkshire Hathaway Inc.
2.10%
16,740
$6,809,832,000 2.24%
Napco Sec Technologies Inc
7.22%
121,970
$6,336,342,000 2.09%
Amazon.com Inc.
0.71%
28,242
$5,457,767,000 1.80%
Copart, Inc.
3.93%
100,019
$5,417,029,000 1.78%
Texas Instrs Inc
3.90%
26,530
$5,160,904,000 1.70%
Johnson & Johnson
4.02%
35,111
$5,131,845,000 1.69%
Microsoft Corporation
3.91%
10,935
$4,887,398,000 1.61%
Intuit Inc
23.78%
7,357
$4,835,094,000 1.59%
Visa Inc
5.73%
17,637
$4,629,183,000 1.52%
Insulet Corporation
75.34%
21,769
$4,392,984,000 1.45%
Carmax Inc
3.28%
54,950
$4,030,033,000 1.33%
Blackbaud Inc
19.30%
51,504
$3,923,060,000 1.29%
Xylem Inc
4.55%
27,843
$3,776,346,000 1.24%
Par Technology Corp.
9.14%
76,347
$3,595,180,000 1.18%
Fastenal Co.
0.08%
53,144
$3,339,594,000 1.10%
Tractor Supply Co.
2.08%
11,984
$3,235,680,000 1.07%
Ecolab, Inc.
1.97%
13,167
$3,133,794,000 1.03%
Chevron Corp.
12.62%
19,489
$3,048,456,000 1.00%
Mastercard Incorporated
3.91%
6,830
$3,013,123,000 0.99%
Unilever plc
8.39%
53,523
$2,943,215,000 0.97%
Coherent Corp
9.14%
39,473
$2,860,214,000 0.94%
Booking Holdings Inc
3.06%
698
$2,765,127,000 0.91%
Dominion Energy Inc
0.82%
56,287
$2,758,066,000 0.91%
J P Morgan Exchange Traded F
3.71%
46,371
$2,628,305,000 0.87%
Kinder Morgan Inc
15.85%
132,103
$2,624,888,000 0.86%
Pepsico Inc
2.18%
15,733
$2,594,841,000 0.85%
Autodesk Inc.
0.44%
10,457
$2,587,585,000 0.85%
Simon Ppty Group Inc New
5.47%
16,669
$2,530,304,000 0.83%
Verisk Analytics Inc
0.93%
9,264
$2,497,036,000 0.82%
Canadian Pacific Kansas City
No change
31,153
$2,452,676,000 0.81%
BlackLine Inc
8.54%
50,374
$2,440,620,000 0.80%
Digital Rlty Tr Inc
9.87%
15,964
$2,427,360,000 0.80%
Knight-swift Transn Hldgs In
7.78%
47,425
$2,367,465,000 0.78%
Global Med Reit Inc
5.59%
259,852
$2,359,457,000 0.78%
Meta Platforms Inc
0.35%
4,596
$2,317,395,000 0.76%
BrightView Holdings Inc
9.86%
172,803
$2,298,280,000 0.76%
Hexcel Corp.
5.35%
36,267
$2,264,874,000 0.75%
Energy Recovery Inc
0.26%
170,104
$2,260,682,000 0.74%
Morningstar Inc
8.34%
7,640
$2,260,294,000 0.74%
Azek Co Inc
7.09%
53,321
$2,246,414,000 0.74%
United Parcel Service, Inc.
6.17%
16,304
$2,231,162,000 0.73%
Cisco Sys Inc
0.20%
45,531
$2,163,191,000 0.71%
Adeia Inc
8.23%
191,623
$2,143,303,000 0.71%
Badger Meter Inc.
1.33%
11,378
$2,120,290,000 0.70%
Intuitive Surgical Inc
0.11%
4,749
$2,112,593,000 0.70%
Tyler Technologies, Inc.
0.25%
4,086
$2,054,359,000 0.68%
Dow Inc
30.64%
38,212
$2,027,157,000 0.67%
Nxp Semiconductors N V
50.43%
7,457
$2,006,604,000 0.66%
Legacy Housing Corporation
8.32%
86,798
$1,991,146,000 0.66%
T-Mobile US Inc
2.36%
11,059
$1,948,375,000 0.64%
Apple Inc
7.61%
9,206
$1,938,925,000 0.64%
Healthcare Svcs Group Inc
3.34%
173,852
$1,839,350,000 0.61%
Broadcom Inc.
18.58%
1,139
$1,829,371,000 0.60%
International Business Machs
12.69%
10,363
$1,792,233,000 0.59%
Blackstone Inc
4.74%
14,186
$1,756,227,000 0.58%
Atlantic Un Bankshares Corp
Closed
49,123
$1,734,533,000
Danaher Corp.
5.40%
6,732
$1,681,990,000 0.55%
Veralto Corp
1.64%
17,207
$1,642,752,000 0.54%
Applied Matls Inc
3.89%
6,891
$1,626,207,000 0.54%
Lockheed Martin Corp.
32.14%
3,470
$1,620,929,000 0.53%
Salesforce Inc
7.00%
6,149
$1,580,908,000 0.52%
CME Group Inc
Opened
7,890
$1,551,174,000 0.51%
Trimas Corporation
8.01%
59,703
$1,526,009,000 0.50%
Icon Plc
No change
4,856
$1,522,210,000 0.50%
ServiceNow Inc
5.06%
1,931
$1,519,060,000 0.50%
Us Bancorp Del
1.14%
37,448
$1,486,686,000 0.49%
Boeing Co.
4.15%
8,162
$1,485,566,000 0.49%
Verizon Communications Inc
21.81%
35,988
$1,484,126,000 0.49%
Brookfield Infrastructure Corporation
5.24%
43,421
$1,461,551,000 0.48%
Accenture Plc Ireland
No change
4,697
$1,425,117,000 0.47%
Trupanion Inc
0.23%
46,870
$1,377,978,000 0.45%
Crown Castle Inc
9.68%
14,037
$1,371,436,000 0.45%
Silicon Laboratories Inc
5.47%
12,382
$1,369,821,000 0.45%
RLI Corp.
8.00%
9,312
$1,310,105,000 0.43%
Merck & Co Inc
0.78%
10,389
$1,286,154,000 0.42%
Costar Group, Inc.
8.38%
17,105
$1,268,165,000 0.42%
Medpace Holdings Inc
1.41%
3,074
$1,266,027,000 0.42%
Paychex Inc.
4.21%
10,502
$1,245,145,000 0.41%
Blackrock Inc.
5.21%
1,555
$1,224,454,000 0.40%
Moodys Corp
5.49%
2,841
$1,195,862,000 0.39%
3M Co.
26.78%
11,649
$1,190,378,000 0.39%
FormFactor Inc.
No change
19,499
$1,180,274,000 0.39%
Willscot Mobil Mini Hldng Co
4.19%
30,625
$1,152,725,000 0.38%
Franklin Elec Inc
7.28%
11,833
$1,139,755,000 0.38%
Ambarella Inc
191.02%
20,200
$1,089,790,000 0.36%
XPEL Inc
7.21%
30,489
$1,084,189,000 0.36%
Procter And Gamble Co
No change
6,541
$1,078,808,000 0.36%
Tesla Inc
1.24%
5,322
$1,053,117,000 0.35%
SiteOne Landscape Supply Inc
0.55%
7,984
$969,337,000 0.32%
Simulations Plus Inc.
7.01%
19,770
$961,217,000 0.32%
NVR Inc.
1.57%
125
$948,570,000 0.31%
Fortive Corp
1.66%
12,758
$945,368,000 0.31%
Starbucks Corp.
Opened
11,732
$913,336,000 0.30%
Cleveland-Cliffs Inc
8.13%
58,270
$896,775,000 0.30%
Applied Digital Corp
Closed
207,938
$889,975,000
Align Technology, Inc.
0.14%
3,586
$865,768,000 0.29%
Bit Digital, Inc.
7.79%
249,071
$792,046,000 0.26%
John Bean Technologies Corp
6.10%
8,232
$781,793,000 0.26%
Exxon Mobil Corp.
1.49%
6,752
$777,346,000 0.26%
Vanguard Intl Equity Index F
10.09%
6,837
$770,051,000 0.25%
Becton Dickinson & Co.
2.04%
3,222
$752,996,000 0.25%
Ishares Tr
1.46%
1,322
$723,438,000 0.24%
Keysight Technologies Inc
Closed
4,322
$675,874,000
Progyny Inc
5.36%
22,520
$644,297,000 0.21%
Hagerty Inc
8.48%
61,446
$639,038,000 0.21%
Ishares Tr
Opened
11,650
$1,118,878,000 0.37%
Novo-nordisk A S
No change
4,025
$574,500,000 0.19%
IDEAYA Biosciences, Inc.
Closed
12,754
$559,646,000
Global Wtr Res Inc
8.09%
45,088
$545,565,000 0.18%
Liveone Inc
10.69%
337,051
$529,170,000 0.17%
Medtronic Plc
0.78%
6,482
$510,198,000 0.17%
Watts Water Technologies, Inc.
8.31%
2,760
$506,101,000 0.17%
Omnicell Com
1.20%
17,752
$480,547,000 0.16%
Wisdomtree Tr
1.60%
14,817
$694,764,000 0.23%
Vista Gold Corp.
8.49%
957,293
$445,141,000 0.15%
Lowes Cos Inc
1.77%
2,013
$443,786,000 0.15%
Church & Dwight Co., Inc.
No change
4,181
$433,532,000 0.14%
Vanguard Tax-managed Fds
12.93%
8,751
$432,461,000 0.14%
Annovis Bio, Inc.
Closed
36,157
$430,268,000
Wrap Technologies Inc
Closed
185,576
$419,402,000
Lear Corp.
0.44%
3,659
$417,894,000 0.14%
Ares Capital Corp
0.26%
19,445
$405,234,000 0.13%
Ameresco Inc.
1.14%
13,681
$394,150,000 0.13%
Dyne Therapeutics, Inc.
Closed
12,500
$354,875,000
Artesian Res Corp
0.59%
9,932
$349,209,000 0.11%
Norwegian Cruise Line Hldg L
Opened
18,343
$344,665,000 0.11%
Norfolk Southn Corp
2.16%
1,561
$335,131,000 0.11%
Spdr S&p 500 Etf Tr
Opened
586
$318,734,000 0.10%
Coca-Cola Co
5.15%
4,877
$310,430,000 0.10%
Ppg Inds Inc
No change
2,363
$297,458,000 0.10%
Intel Corp.
2.26%
9,586
$296,878,000 0.10%
Vanguard Index Fds
Opened
5,682
$1,227,756,000 0.40%
Mcdonalds Corp
2.01%
1,117
$284,748,000 0.09%
Spdr Index Shs Fds
25.93%
7,333
$276,234,000 0.09%
Pnc Finl Svcs Group Inc
No change
1,756
$273,044,000 0.09%
Union Pac Corp
No change
1,152
$260,652,000 0.09%
Royce Small Cap Trust Inc.
No change
17,900
$259,013,000 0.09%
Emerson Elec Co
No change
2,160
$237,919,000 0.08%
Vanguard Intl Equity Index F
Opened
5,110
$223,596,000 0.07%
Zoetis Inc
Opened
1,226
$212,539,000 0.07%
Invesco Exch Traded Fd Tr Ii
Closed
4,156
$211,665,000
Aptargroup Inc.
No change
1,493
$210,212,000 0.07%
Kornit Digital Ltd
Closed
10,789
$195,497,000
Lantern Pharma Inc.
2.04%
39,635
$185,095,000 0.06%
Ess Tech Inc
0.40%
178,571
$146,053,000 0.05%
Briacell Therapeutics Corp
13.32%
115,346
$131,494,000 0.04%
Inhibikase Therapeutics, Inc.
Closed
19,560
$42,250,000
Rocky Mtn Chocolate Factory
No change
11,035
$24,277,000 0.01%
No transactions found
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