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Red Tortoise LLC — 13F Holdings & Portfolio

CIK 1910488 · latest 13F-HR filed 2026-04-21

Backtest portfolio

Red Tortoise LLC manages $240.3M in 13F-reported U.S. long-equity assets across 647 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are SCHF (11.83%), FNDF (9.29%), IVV (5.14%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 19 new positions and exited 29; 185 existing positions rose in reported value and 194 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.

Loading holdings…
AUM
$240.3M

Long-equity book

Holdings
647

Distinct positions

Period
2026-03-31

Filed 2026-04-21

Q/Q Activity
+19 / −29 / ↑185 / ↓194

vs 2025-12-31

Portfolio charts

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

Portfolio map

Q1 26
SCHF11.9% · +1%FNDF9.4% · -0%IVV5.2% · -1%SCHE4.3% · -2%IEFA3.5% · -3%VGLT3.2% · -5%SCHX3.1% · +1%FNDX3.0% · -1%IWD2.7% · +0%SCHO2.7% · +15%VTV2.3% · -0%DGRO2.2% · -0%QUAL2.0% · -2%VEA1.9% · -0%BND1.9% · +152%SPYV1.7% · +0%SCHZ1.4% · +14%SCHP1.4% · -0%ACWX1.4% · 0%IWB1.2% · +0%IEMG1.2% · -1%PXF1.2% · -1%SCHB1.0% · -4%FNDE1.0% · +0%DFIV1.0% · +0%DWX0.9% · +0%VBR0.9% · +0%SUB0.8% · -2%VWO0.8% · -2%VTEB0.8% · -3%VYM0.8% · -3%IWM0.7% · -2%EEM0.7% · 0%DFUS0.7% · +0%IQDF0.7% · +3%SPTL0.6% · -3%AEM0.6% · 0%IAUM0.6% · 0%AAPL0.6% · 0%VTWO0.6% · +2%SPY0.6% · 0%VGSH0.6% · +0%EFA0.6% · -0%FNDB0.5% · -0%VEU0.5% · +0%MSFT0.5% · -0%XAR0.5% · 0%VEGI0.5% · 0%AGG0.5% · +1%SCHA0.5% · 0%AMZN0.5% · -0%SCHK0.4% · -0%SIVR0.4% · 0%ISHG0.4% · 0%DFUV0.4% · 0%GOOG0.4% · +1%SLYV0.3% · -2%PXH0.3% · -4%REMX0.3% · 0%IWP0.3% · -0%

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

Q4 25 → Q1 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

2 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 = 49%

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

Firm Profile & Key People

As of the firm’s regulatory filing dated Jul 16, 2026.

Assets Under Management
$382.3M
Discretionary
$378.3M
Employees
4
Accounts
322
Address
5555 GLENRIDGE CONNECTOR
STE. 200
ATLANTA, GA 30342
Phone
(833) 666-1200
Name Title / Status Ownership Type
CHEN, GEORGE ControlPRINCIPAL
since Oct 2018
10–25%Individual
Fleming, Howard, McMonagle ControlPRINCIPAL
since May 2019
25–50%Individual
MACEY, REX, PHILLIP ControlCEO/MANAGER
since Dec 2015
50–75%Individual
MCVAY, WILLIAM, GALE ControlCHIEF COMPLIANCE OFFICER
since Jan 2018
Less than 5%Individual
Ownership & leadership changes · 1 filing with changes since Jan 30, 2018

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 14, 2022 filing
  • AddedCHEN, GEORGE · PRINCIPAL · 10–25% · control person
  • AddedFleming, Howard, McMonagle · PRINCIPAL · 25–50% · control person
  • ChangedMACEY, REX, PHILLIP · ownership 75% or more → 50–75%
Jan 30, 2018 filing (earliest on record)
  • ListedMACEY, REX, PHILLIP · CEO/MANAGER · 75% or more · control person
  • ListedMCVAY, WILLIAM, GALE · CHIEF COMPLIANCE OFFICER · Less than 5% · 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.

Red Tortoise LLC Holdings (2026-03-31)

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 SCHWAB INTERNATIONAL EQUITY ETF SCHF 808524805 $28.4M 11.83% 1,149,146 SH
2 SCHWAB FUNDAMENTAL INTERNATIONAL EQUITY ETF FNDF 808524755 $22.3M 9.29% 456,225 SH
3 ISHARES CORE S&P 500 ETF IVV 464287200 $12.3M 5.14% 18,891 SH
4 SCHWAB EMERGING MARKETS EQUITY ETF SCHE 808524706 $10.2M 4.23% 308,145 SH
5 ISHARES CORE MSCI EAFE ETF IEFA 46432F842 $8.4M 3.48% 92,305 SH
6 VANGUARD LONG-TERM TREASURY ETF VGLT 92206C847 $7.7M 3.22% 139,542 SH
7 SCHWAB U.S. LARGE-CAP ETF SCHX 808524201 $7.3M 3.06% 286,631 SH
8 SCHWAB FUNDAMENTAL U.S. LARGE COMPANY ETF FNDX 808524771 $7.1M 2.95% 254,175 SH
9 ISHARES RUSSELL 1000 VALUE ETF IWD 464287598 $6.4M 2.68% 30,137 SH
10 SCHWAB SHORT-TERM US TREASURY ETF SCHO 808524862 $6.4M 2.68% 264,983 SH
11 VANGUARD VALUE ETF VTV 922908744 $5.5M 2.29% 28,037 SH
12 ISHARES CORE DIVIDEND GROWTH ETF DGRO 46434V621 $5.3M 2.20% 75,221 SH
13 ISHARES MSCI USA QUALITY FACTOR ETF QUAL 46432F339 $4.8M 2.01% 25,217 SH
14 VANGUARD FTSE DEVELOPED MARKETS ETF VEA 921943858 $4.5M 1.89% 70,848 SH
15 VANGUARD TOTAL BOND MARKET ETF BND 921937835 $4.5M 1.87% 61,158 SH
16 STATE STREET SPDR PORTFOLIO S&P 500 VALUE ETF SPYV 78464A508 $4.0M 1.67% 70,838 SH
17 SCHWAB US AGGREGATE BOND ETF SCHZ 808524839 $3.4M 1.43% 148,447 SH
18 SCHWAB US TIPS ETF SCHP 808524870 $3.3M 1.36% 122,832 SH
19 ISHARES MSCI ACWI EX U.S. ETF ACWX 464288240 $3.2M 1.34% 47,050 SH
20 ISHARES RUSSELL 1000 ETF IWB 464287622 $2.8M 1.16% 7,837 SH
21 ISHARES CORE MSCI EMERGING MARKETS ETF IEMG 46434G103 $2.8M 1.16% 39,874 SH
22 INVESCO RAFI DEVELOPED MARKETS EX-U.S. ETF PXF 46138E743 $2.8M 1.16% 39,758 SH
23 SCHWAB U.S. BROAD MARKET ETF SCHB 808524102 $2.5M 1.03% 98,340 SH
24 SCHWAB FUNDAMENTAL EMERGING MARKETS EQUITY ETF FNDE 808524730 $2.4M 1.01% 63,177 SH
25 DFA INTERNATIONAL VALUE ETF DFIV 25434V807 $2.4M 1.00% 45,376 SH
26 STATE STREET SPDR S&P INTERNATIONAL DIVIDEND ETF DWX 78463X772 $2.2M 0.93% 48,930 SH
27 VANGUARD SMALL CAP VALUE ETF VBR 922908611 $2.2M 0.90% 9,990 SH
28 ISHARES SHORT-TERM NATIONAL MUNI BOND ETF SUB 464288158 $2.0M 0.83% 18,766 SH
29 VANGUARD FTSE EMERGING MARKETS ETF VWO 922042858 $1.9M 0.79% 35,297 SH
30 VANGUARD TAX-EXEMPT BOND ETF VTEB 922907746 $1.9M 0.79% 37,874 SH
31 VANGUARD HIGH DIVIDEND YIELD INDEX ETF VYM 921946406 $1.9M 0.78% 12,701 SH
32 ISHARES RUSSELL 2000 ETF IWM 464287655 $1.7M 0.69% 6,730 SH
33 ISHARES MSCI EMERGING MARKETS ETF EEM 464287234 $1.7M 0.69% 29,106 SH
34 DIMENSIONAL U.S. EQUITY MARKET ETF DFUS 25434V401 $1.6M 0.68% 23,182 SH
35 FLEXSHARES INTERNATIONAL QUALITY DIVIDEND INDEX FUND IQDF 33939L837 $1.5M 0.64% 48,919 SH
36 STATE STREET SPDR PORTFOLIO LONG TERM TREASURY ETF SPTL 78464A664 $1.5M 0.64% 58,027 SH
37 AGNICO EAGLE MINES LTD COM AEM 008474108 $1.5M 0.61% 7,269 SH
38 ISHARES GOLD TRUST MICRO ETF OF BENEF INTEREST IAUM 46436F103 $1.5M 0.60% 31,072 SH
39 VANGUARD RUSSELL 2000 ETF VTWO 92206C664 $1.4M 0.58% 14,026 SH
40 STATE STREET SPDR S&P 500 ETF SPY 78462F103 $1.3M 0.56% 2,061 SH
41 VANGUARD SHORT-TERM TREASURY ETF VGSH 92206C102 $1.3M 0.56% 22,830 SH
42 ISHARES MSCI EAFE ETF EFA 464287465 $1.3M 0.55% 13,713 SH
43 APPLE INC COM AAPL 037833100 $1.3M 0.54% 5,079 SH
44 SCHWAB FUNDAMENTAL U.S. BROAD MARKET ETF FNDB 808524789 $1.3M 0.53% 46,664 SH
45 BANK OF AMER CORP COM Put BAC 060505104 $1.2M 0.51% 25,000 SH
46 VANGUARD FTSE ALL-WORLD EX-US INDEX FUND VEU 922042775 $1.2M 0.50% 16,112 SH
47 STATE STREET SPDR S&P AEROSPACE & DEFENSE ETF XAR 78464A631 $1.2M 0.49% 4,604 SH
48 ISHARES MSCI AGRICULTURE PRODUCERS ETF VEGI 464286350 $1.1M 0.47% 25,000 SH
49 ISHARES CORE U.S. AGGREGATE BOND ETF AGG 464287226 $1.1M 0.46% 11,143 SH
50 MICROSOFT CORP COM MSFT 594918104 $1.1M 0.46% 2,985 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-04-21 $240.3M 647 0001910488-26-000002
2025-12-31 2026-01-22 $235.7M 657 0001910488-26-000001