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Red Wave Investments LLC — 13F Holdings & Portfolio

CIK 1846493 · latest 13F-HR filed 2026-08-06

Backtest portfolio

Red Wave Investments LLC manages $393.5M in 13F-reported U.S. long-equity assets across 122 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are VTI (13.04%), VUSB (8.24%), QQQ (6.22%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 15 new positions and exited 4; 64 existing positions rose in reported value and 22 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$393.5M

Long-equity book

Holdings
122

Distinct positions

Period
2026-06-30

Filed 2026-08-06

Q/Q Activity
+15 / −4 / ↑64 / ↓22

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
VTI13.0% · +3%VUSB8.2% · -1%QQQ6.2% · +4%VBIL6.0% · +11%VT4.8% · +3%MSFT4.7% · +525%SGOV3.5% · -8%VB3.3% · +6%VTV3.1% · -3%VO3.1% · +324%IVV2.9% · -2%DFAC2.9% · -3%CHYM2.4% · +24%VV1.9% · +8%IDEV1.7% · -0%SPDW1.7% · +11%AAPL1.7% · -0%NVDA1.6% · +0%SPEM1.6% · +7%VNQ1.5% · +9%VXUS1.4% · -3%LQD1.1% · -2%BIV0.9% · -3%VUG0.8% · +498%FLY0.8% · -25%VWO0.8% · -0%GOOGL0.7% · -3%SPY0.7% · +1%IVLU0.6% · 0%AMZN0.6% · -2%BNDX0.6% · -2%MU0.6% · -16%HD0.5% · -1%VSS0.5% · 0%JNK0.5% · -1%LQDH0.5% · -3%WMT0.5% · +1%AMD0.4% · 0%BRK.B0.4% · -2%AVGO0.4% · -3%JPM0.4% · -2%COST0.4% · -9%GOOG0.4% · -1%BND0.4% · +8%XOM0.3% · -1%MA0.3% · -9%JNJ0.3% · -1%TSLA0.3% · -3%META0.3% · +2%MRK0.2% · +0%V0.2% · -2%DFAX0.2% · 0%BSV0.2% · +30%AMAT0.2% · -7%PCY0.2% · 0%CSCO0.2% · -23%ABBV0.2% · -2%LLY0.2% · +4%KLAC0.2% · +900%TIP0.2% · -2%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

3 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 56.1%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 30, 2026.

Assets Under Management
$397.7M
Discretionary
$397.7M
Employees
3
Accounts
711
Address
6 NORTH BALTIMORE STREET
SUITE 3
DILLSBURG, PA 17019
Phone
(717) 601-0651
Website
Name Title / Status Ownership Type
SMITH, MARC, ANDREW ControlCHIEF COMPLIANCE OFFICER & PRINCIPAL MEMBER
since Oct 2012
75% or moreIndividual
Ownership & leadership changes · 3 filings with changes since Jun 18, 2020

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 28, 2024 filing
  • No longer listedOSULLIVAN, DENIS, ANTHONY · PRESIDENT AND PRINCIPAL MEMBER · 25–50% · control person · listed since Jan 2021
  • No longer listedRYAN, RANDY, ALAN · MEMBER · 10–25% · listed since Jan 2021
  • ChangedSMITH, MARC, ANDREW · ownership 50–75% → 75% or more
Mar 30, 2021 filing
  • AddedOSULLIVAN, DENIS, ANTHONY · PRESIDENT AND PRINCIPAL MEMBER · 25–50% · control person
  • AddedRYAN, RANDY, ALAN · MEMBER · 10–25%
  • ChangedSMITH, MARC, ANDREW · title CHIEF COMPLIANCE OFFICER & MANAGING MEMBER → CHIEF COMPLIANCE OFFICER & PRINCIPAL MEMBER; ownership 75% or more → 50–75%
Jul 28, 2020 filing
  • ChangedSMITH, MARC, ANDREW · title CHIEF COMPLIANCE OFFICER → CHIEF COMPLIANCE OFFICER & MANAGING MEMBER
Jun 18, 2020 filing (earliest on record)
  • ListedSMITH, MARC, ANDREW · CHIEF COMPLIANCE OFFICER · 75% or more · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 64 →

Top Trims

Show all 22 →

New Positions

Show all 15 →

Exited Positions

Show all 4 →

Red Wave Investments LLC Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 VANGUARD INDEX FDS VTI 922908769 $51.3M 13.04% 138,620 SH
2 VANGUARD BD INDEX FDS VUSB 92203C303 $32.4M 8.24% 651,243 SH
3 INVESCO QQQ TR QQQ 46090E103 $24.5M 6.22% 33,221 SH
4 VANGUARD INSTL INDEX FD VBIL 922040845 $23.7M 6.02% 312,941 SH
5 VANGUARD INTL EQUITY INDEX F VT 922042742 $18.8M 4.79% 120,028 SH
6 MICROSOFT CORP MSFT 594918104 $18.6M 4.72% 49,812 SH
7 ISHARES TR SGOV 46436E718 $13.9M 3.52% 137,753 SH
8 VANGUARD INDEX FDS VB 922908751 $12.9M 3.29% 42,690 SH
9 VANGUARD INDEX FDS VTV 922908744 $12.4M 3.15% 56,880 SH
10 VANGUARD INDEX FDS VO 922908629 $12.3M 3.11% 152,126 SH
11 ISHARES TR IVV 464287200 $11.5M 2.91% 15,315 SH
12 DIMENSIONAL ETF TRUST DFAC 25434V708 $11.2M 2.86% 253,392 SH
13 CHIME FINL INC CHYM 16935C109 $9.5M 2.41% 463,308 SH
14 VANGUARD INDEX FDS VV 922908637 $7.5M 1.91% 21,827 SH
15 ISHARES TR IDEV 46435G326 $6.8M 1.72% 76,232 SH
16 SPDR INDEX SHS FDS SPDW 78463X889 $6.7M 1.71% 133,864 SH
17 APPLE INC AAPL 037833100 $6.7M 1.71% 23,211 SH
18 NVIDIA CORPORATION NVDA 67066G104 $6.3M 1.59% 31,306 SH
19 SPDR INDEX SHS FDS SPEM 78463X509 $6.2M 1.58% 120,042 SH
20 VANGUARD INDEX FDS VNQ 922908553 $5.9M 1.50% 61,327 SH
21 VANGUARD STAR FDS VXUS 921909768 $5.7M 1.44% 66,344 SH
22 ISHARES TR LQD 464287242 $4.3M 1.10% 39,801 SH
23 VANGUARD BD INDEX FDS BIV 921937819 $3.4M 0.88% 44,925 SH
24 VANGUARD INDEX FDS VUG 922908736 $3.3M 0.83% 38,082 SH
25 FIREFLY AEROSPACE INC FLY 31816X106 $3.3M 0.83% 111,218 SH
26 VANGUARD INTL EQUITY INDEX F VWO 922042858 $3.0M 0.75% 49,500 SH
27 ALPHABET INC GOOGL 02079K305 $2.7M 0.68% 7,533 SH
28 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $2.6M 0.65% 3,424 SH
29 ISHARES TR IVLU 46435G409 $2.5M 0.63% 59,380 SH
30 AMAZON COM INC AMZN 023135106 $2.4M 0.61% 10,024 SH
31 VANGUARD CHARLOTTE FDS BNDX 92203J407 $2.4M 0.61% 49,323 SH
32 MICRON TECHNOLOGY INC MU 595112103 $2.4M 0.60% 2,053 SH
33 HOME DEPOT INC HD 437076102 $2.1M 0.54% 6,054 SH
34 VANGUARD INTL EQUITY INDEX F VSS 922042718 $2.0M 0.52% 13,143 SH
35 SPDR SERIES TRUST JNK 78468R622 $2.0M 0.51% 20,843 SH
36 ISHARES U S ETF TR LQDH 46431W705 $2.0M 0.50% 21,013 SH
37 WALMART INC WMT 931142103 $2.0M 0.50% 17,227 SH
38 ADVANCED MICRO DEVICES INC AMD 007903107 $1.8M 0.45% 3,028 SH
39 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $1.7M 0.44% 3,438 SH
40 BROADCOM INC AVGO 11135F101 $1.6M 0.41% 4,271 SH
41 JPMORGAN CHASE & CO JPM 46625H100 $1.5M 0.39% 4,665 SH
42 COSTCO WHOLESALE CORPORATION COST 22160K105 $1.5M 0.38% 1,613 SH
43 ALPHABET INC GOOG 02079K107 $1.5M 0.38% 4,241 SH
44 VANGUARD BD INDEX FDS BND 921937835 $1.5M 0.38% 20,329 SH
45 EXXON MOBIL CORP XOM 30231G102 $1.4M 0.35% 9,977 SH
46 MASTERCARD INCORPORATED MA 57636Q104 $1.3M 0.32% 2,436 SH
47 JOHNSON & JOHNSON JNJ 478160104 $1.1M 0.28% 4,359 SH
48 TESLA INC TSLA 88160R101 $1.1M 0.27% 2,523 SH
49 META PLATFORMS INC META 30303M102 $987.4K 0.25% 1,753 SH
50 MERCK & CO INC MRK 58933Y105 $963.8K 0.24% 7,500 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-06 $393.5M 122 0001420506-26-001415
2026-03-31 2026-05-08 $334.7M 113 0001420506-26-000862
2025-12-31 2026-02-06 $336.2M 113 0001420506-26-000192
Filer Information
Address
6 NORTH BALTIMORE STREET, SUITE 3
DILLSBURG, PA 17019
Phone
(717) 601-0651
Filing Manager
Red Wave Investments LLC
DILLSBURG, PA
Signatory
Marc Smith
Managing Partner, Chief Compliance Officer