Richmond Investment Services, LLC
Long book
$618.8M
Q1 2026
Positions
255
Top-10 weight
45%
concentration
Last quarter
+12.6%
SPY +14.8%
Turnover
21%
of book per quarter
Strategy in plain words
auto-generated from filingsRichmond Investment Services, LLC is a wealth-management firm allocating client money, running a $618.8M US long book across 255 positions.
The portfolio is moderately concentrated (top 10 ≈ 45% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES RUSSELL TOP 200 ETF, INVESCO QQQ TRUST SERIES 1, STE STR SPDR PT S&P 500 ETF, VANECK MORNINGSTAR WIDE MOAT, VANECK GOLD MINERS ETF.
Over the last 6 quarters its long book ran on average 0.1pp per quarter ahead of the S&P 500, beating the index in 4 of 6 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q4 2024
-3.3%
Q1 2025
+9.5%
Q2 2025
+8.7%
Q3 2025
+3.1%
Q4 2025
-2.2%
Q1 2026
+12.6%
Sector allocation
Technology 45%
Financials 17%
Consumer discretionary 11%
Industrials 8%
Healthcare 5%
Utilities 4%
Communications 2%
Energy 2%
Long book by quarter
What does Richmond Investment own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 15.2K | $7.3M | 1.2% | +1.0% |
| NVDA NVIDIA CORP | Technology | 41.6K | $7.3M | 1.2% | +6.1% |
| AAPL APPLE INC | Technology | 23.5K | $6.0M | 1.0% | +6.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 19.4K | $4.0M | 0.7% | +5.3% |
| GOOGL ALPHABET INC-CL A | Technology | 11.8K | $3.4M | 0.5% | +7.4% |
| MSFT MICROSOFT CORP | Technology | 8.2K | $3.0M | 0.5% | +7.2% |
| GOOG ALPHABET INC-CL C | Technology | 8.0K | $2.3M | 0.4% | +1.1% |
| VRT VERTIV HOLDINGS CO-A | Technology | 7.3K | $1.8M | 0.3% | -8.4% |
| WEC WEC ENERGY GROUP INC | Utilities | 14.3K | $1.7M | 0.3% | +7.8% |
| TSLA TESLA INC | Industrials | 4.4K | $1.6M | 0.3% | +0.6% |
| LLY ELI LILLY & CO | Healthcare | 1.4K | $1.3M | 0.2% | +12.6% |
| JNJ JOHNSON & JOHNSON | Healthcare | 4.4K | $1.1M | 0.2% | +3.5% |
| IREN IREN LTD | Financials | 26.1K | $896K | 0.1% | +10.2% |
| JCI JOHNSON CONTROLS INTERNATION | Industrials | 6.8K | $891K | 0.1% | +13.2% |
| AVGO BROADCOM INC | Technology | 2.9K | $885K | 0.1% | -3.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 29, 2026 | 255 | $618.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 235 | $578.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 306 | $537.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 12, 2025 | 242 | $473.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 111 | $184.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 19, 2025 | 106 | $178.1M | canonical | SEC ↗ |