Richmond Investment Services, LLC

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$618.8M

Reporting period: 2026-03-31 · Number of holdings: 255

Richmond Investment Services, LLC disclosed 255 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $618.8M and a quarterly turnover rate of 22.0%.

Personality snowflake

Concentration: 12.18
Portfolio Stability: 22.01
Momentum/Contrarian: 100
Sector conviction: 59.41
Diversification: 100
Sizing Uniformity: 73.95

Recent moves

Trim ISPY
-93.3%　-$14.1M
Add SMH
+99.7%　$7.2M
Trim IWL
+3.4%　-$1.9M
Trim QQQ
+3.1%　-$1.3M
Add IEMG
+147.7%　$4.1M
Trim MOAT
+2.3%　-$1.4M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	IWL	Ishares Russell Top 200 ETF	ETF-Other	10.63%	-1.06%	+3.39%
2	QQQ	Invesco Qqq Trust Series 1	ETF-Tech	6.46%	-0.68%	+3.07%
3	SPYM	Ste Str Spdr Pt S&p 500 ETF	ETF-Large Cap & Growth	5.81%	—	+4.12%
4	MOAT	Vaneck Morningstar Wide Moat	ETF-Other	4.73%	-0.57%	+2.35%
5	GDX	Vaneck Gold Miners ETF	ETF-Commodities	3.78%	+0.05%	+1.49%
6	VNLA	Janus Henderson Short Durati	ETF-Other	3.56%	+0.06%	+9.36%
7	GTO	Invesco Total Return Bond Et	ETF-Other	2.72%	-0.11%	+4.18%
8	SDVY	First Trust Smid Cap Rising	ETF-Other	2.64%	+0.01%	+4.53%
9	FYC	First Trust Small Cap Growth	ETF-Small Cap	2.30%	-0.08%	+2.70%
10	GPIX	Gldm SA S&p 500 Pr In Etf-us	ETF-Large Cap & Growth	2.22%	+2.22%	NEW
11	SMH	Vaneck Semiconductor ETF	ETF-Other	2.21%	+1.10%	+99.67%
12	FEOE	First Eagle Overseas Eq ETF	ETF-Other	2.01%	+2.01%	NEW
13	VUG	Vanguard Growth ETF	ETF-Other	1.99%	-0.47%	-3.17%
14	AVEM	Avantis Emerging Markets Eq	ETF-Emerging Markets	1.79%	+0.04%	+4.25%
15	SPSM	Ss Spdr P S&p 600 Small Cap	ETF-Small Cap	1.68%	—	-4.27%
16	CGDV	Cap Group Dividend Value	ETF-Other	1.34%	—	-2.18%
17	VEU	Vanguard Ftse All-world Ex-u	ETF-Other	1.34%	-0.39%	-19.04%
18	BUFZ	Ft Vest Laddered Moderate Bu	ETF-Other	1.29%	+0.01%	+9.08%
19	SPDW	Ste Str Spdr Pt Dw EU ETF	ETF-Other	1.24%	—	-2.13%
20	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	1.17%	—	+0.98%
21	NVDA	Nvidia CORP	Stock-Tech	1.17%	—	+6.12%
22	IEMG	Ishares Core Msci Emerging	ETF-Emerging Markets	1.08%	+0.63%	+147.68%
23	AAPL	Apple INC	Stock-Tech	0.96%	—	+6.02%
24	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	0.87%	—	-2.59%
25	BUFQ	Ft Vst Lad Nsdq Buf Etf-usdi	ETF-Other	0.75%	+0.04%	+13.60%
26	SPEM	State Street Sp Ptf Em ETF	ETF-Other	0.74%	—	+1.81%
27	FTLS	First Trust Long/short Eqty	ETF-Other	0.72%	—	-3.45%
28	AMZN	Amazon.com INC	Stock-Consumer Disc	0.65%	—	+5.27%
29	DYNF	Ishrs US E F R A Etf-usd INC	ETF-Other	0.64%	—	+1.71%
30	VTI	Vanguard Total Stock Mkt ETF	ETF-Other	0.63%	-0.27%	-21.78%
31	BUFD	Ft Vst Lad Deep Buf Etf-usdi	ETF-Other	0.60%	—	+7.40%
32	IVV	Ishares Core S&p 500 ETF	ETF-Large Cap & Growth	0.60%	+0.07%	+25.59%
33	XLK	Ss Technology Select Sector	ETF-Tech	0.58%	—	+3.05%
34	VO	Vanguard Mid-cap ETF	ETF-Other	0.57%	+0.30%	+125.28%
35	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	0.55%	—	+7.45%
36	MSFT	Microsoft CORP	Stock-Tech	0.49%	-0.15%	+7.17%
37	TLH	Ishares 10-20 Year Treasury	ETF-Gov Bonds	0.46%	+0.19%	+80.35%
38	IEFA	Ishares Core Msci Eafe ETF	ETF-Other	0.44%	+0.10%	+38.84%
39	BSCR	Invesco Bulletshares 2027 Cb	ETF-Other	0.44%	—	-5.85%
40	GLD	Spdr Gold Shares	ETF-Commodities	0.43%	+0.25%	+136.70%
41	RECS	Columbia Resear Enh Cor ETF	ETF-Other	0.43%	—	+1.10%
42	IUSB	Ishr Cr Unvrse Usd Bd Etf-ui	ETF-Other	0.41%	+0.07%	+27.97%
43	GOVT	Ishares US Treasury Bond ETF	ETF-Gov Bonds	0.40%	+0.11%	+45.83%
44	FTCS	First Trust Capital Strength	ETF-Other	0.39%	—	-2.63%
45	GOOG	Alphabet Inc-cl C	Stock-Comm Services	0.37%	—	+1.06%
46	VTV	Vanguard Value ETF	ETF-Other	0.36%	—	+2.44%
47	CLOI	Vaneck Clo ETF	ETF-Other	0.35%	-0.15%	-24.34%
48	MBB	Ishares Mbs ETF	ETF-Other	0.35%	—	+12.89%
49	BIL	Ss Spdr Bb 1-3m T-bill ETF	ETF-Gov Bonds	0.35%	+0.22%	+178.50%
50	IVW	Ishares S&p 500 Growth ETF	ETF-Large Cap & Growth	0.34%	—	+13.23%

1–50 of 255

Portfolio Performance

Performance for Q3 2026

+2.7%

Performance Last 4 Quarters

+19%

Based on 76% of reported portfolio value with available pricing

Stdev: +12.6%
Beta: +0.9
Alpha: +1.5%
Max Drawdown: -4.5%
Annualized Perf: +18.5%
Batting Avg vs S&P: +47.1%
Sortino: +3.05
Stutzer: +0.43
Treynor: +0.2
Sterling: +1.27
Calmar: +4.09
Information Ratio: -0.12
Tracking Error: +2.4%
Stdev Down: +5.8%
Winning Months %: +64.7%
Losing Months %: +35.3%
Best 12 Months: +30.7%
Worst 12 Months: +18.2%
Efficiency Ratio: +0.55
Sharpe: +1.41
Stdev Sectors: +9.6%
Skewness: +0.23
Kurtosis: +0.11
Upside Potential: +4.49

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	255	$618.8M	22	1IWL 2QQQ 3SPYM Top holdings2026-03-31 1.IWL 2.QQQ 3.SPYM 4.MOAT 5.GDX 6.VNLA 7.GTO 8.SDVY 9.FYC 10.GPIX
2025-12-31	235	$578.5M	12	1IWL 2QQQ 3SPYM Top holdings2025-12-31 1.IWL 2.QQQ 3.SPYM 4.MOAT 5.GDX 6.VNLA 7.GTO 8.SDVY 9.ISPY 10.VUG
2025-09-30	306	$537.4M	75	1IWL 2QQQ 3SPYM Top holdings2025-09-30 1.IWL 2.QQQ 3.SPYM 4.MOAT 5.VNLA 6.GDX 7.VUG 8.GTO 9.ISPY 10.SDVY
2025-06-30	242	$473.5M	0	1IWL 2QQQ 3MOAT Top holdings2025-06-30 1.IWL 2.QQQ 3.MOAT 4.VNLA 5.SPYM 6.SDVY 7.VUG 8.ISPY 9.GDX 10.GTO
2025-03-31	111	$184.1M	0	1IWL 2MOAT 3QQQ Top holdings2025-03-31 1.IWL 2.MOAT 3.QQQ 4.SDVY 5.VNLA 6.VUG 7.ISPY 8.GDX 9.PFF 10.FYC
2024-12-31	106	$178.1M	0	1IWL 2MOAT 3QQQ Top holdings2024-12-31 1.IWL 2.MOAT 3.QQQ 4.VNLA 5.SDVY 6.XLK 7.VTI 8.PFF 9.GDX 10.CGDV

Holding changes this quarter

Richmond Investment Services, LLC's most significant position changes for 2026-03-31: New buy: Gldm SA S&p 500 Pr In Etf-us (GPIX); New buy: First Eagle Overseas Eq ETF (FEOE); Sold out: Vanguard Ftse Emerging Marke (VWO); New buy: Ishares 7-10 Year Treasury B (IEF); Sold out: Nuveen S&p 500 Buy-wr INC (XBXMX).

Position changes disclosed by Richmond Investment Services, LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	SMH	Vaneck Semiconductor ETF	+1.1%	+99.67%	Add
2	IEMG	Ishares Core Msci Emerging	+0.6%	+147.68%	Add
3	VO	Vanguard Mid-cap ETF	+0.3%	+125.28%	Add
4	GLD	Spdr Gold Shares	+0.3%	+136.70%	Add
5	IAGG	Ishares Intl Aggregate Bond	+0.2%	+366.13%	Add
6	BIL	Ss Spdr Bb 1-3m T-bill ETF	+0.2%	+178.50%	Add
7	TLH	Ishares 10-20 Year Treasury	+0.2%	+80.35%	Add
8	VONV	Vanguard Russell 1000 Value	+0.2%	+165.40%	Add
9	GOVT	Ishares US Treasury Bond ETF	+0.1%	+45.83%	Add
10	VCIT	Vanguard Int-term Corporate	+0.1%	+136.64%	Add
11	VONG	Vanguard Russell 1000 Growth	+0.1%	+156.75%	Add
12	EFG	Ishares Msci Eafe Growth ETF	+0.1%	+345.59%	Add
13	IEFA	Ishares Core Msci Eafe ETF	+0.1%	+38.84%	Add
14	AMPX	Amprius Technologies INC	+0.1%	+268.34%	Add
15	VRT	Vertiv Holdings Co-a	+0.1%	-8.37%	Trim
16	IVV	Ishares Core S&p 500 ETF	+0.1%	+25.59%	Add
17	IUSB	Ishr Cr Unvrse Usd Bd Etf-ui	+0.1%	+27.97%	Add
18	VNLA	Janus Henderson Short Durati	+0.1%	+9.36%	Add
19	GDX	Vaneck Gold Miners ETF	+0.1%	+1.49%	Add
20	AVEM	Avantis Emerging Markets Eq	0%	+4.25%	Add
21	BUFQ	Ft Vst Lad Nsdq Buf Etf-usdi	0%	+13.60%	Add
22	SDVY	First Trust Smid Cap Rising	0%	+4.53%	Add
23	BUFZ	Ft Vest Laddered Moderate Bu	0%	+9.08%	Add
24	FYC	First Trust Small Cap Growth	-0.1%	+2.70%	Add
25	GTO	Invesco Total Return Bond Et	-0.1%	+4.18%	Add
26	IWM	Ishares Russell 2000 ETF	-0.1%	-47.02%	Trim
27	CLOI	Vaneck Clo ETF	-0.2%	-24.34%	Trim
28	MSFT	Microsoft CORP	-0.2%	+7.17%	Add
29	VTI	Vanguard Total Stock Mkt ETF	-0.3%	-21.78%	Trim
30	VEU	Vanguard Ftse All-world Ex-u	-0.4%	-19.04%	Trim
31	VUG	Vanguard Growth ETF	-0.5%	-3.17%	Trim
32	MOAT	Vaneck Morningstar Wide Moat	-0.6%	+2.35%	Add
33	QQQ	Invesco Qqq Trust Series 1	-0.7%	+3.07%	Add
34	IWL	Ishares Russell Top 200 ETF	-1.1%	+3.39%	Add
35	ISPY	Proshares S&p High Incom ETF	-2.5%	-93.29%	Trim
36	GPIX	Gldm SA S&p 500 Pr In Etf-us	—	NEW	New buy
37	FEOE	First Eagle Overseas Eq ETF	—	NEW	New buy
38	VWO	Vanguard Ftse Emerging Marke	—	EXIT	Sold out
39	IEF	Ishares 7-10 Year Treasury B	—	NEW	New buy
40	XBXMX	Nuveen S&p 500 Buy-wr INC	—	EXIT	Sold out
41	HGER	Harbor Commodity All Weather	—	NEW	New buy
42	XSSPX	Nuveen S&p 500 Dynam Overwr	—	NEW	New buy
43	OEF	Ishares S&p 100 ETF	—	EXIT	Sold out
44	CGMM	Cap Group Small And Mid Cap	—	NEW	New buy
45	LSGR	Natixis Loomis Focused Grwth	—	NEW	New buy
46	BLCR	Ishares Lrg Cp Cr Act Etf-ui	—	NEW	New buy
47	JEPI	Jpmorgan Equity Premium Inco	—	NEW	New buy
48	LMUB	Ishares Lt National Muni Bd	—	NEW	New buy
49	DBMF	Imgp Dbi Managed Futures Str	—	NEW	New buy
50	CLSE	Convergence Long/short Eqy	—	NEW	New buy

FAQ

What is Richmond Investment Services, LLC and what type of investor is it?

Richmond Investment Services, LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $618.8M, spread across 255 disclosed positions.

What are Richmond Investment Services, LLC's largest equity positions?

Based on the latest 13F filing, Richmond Investment Services, LLC's top holdings by market value are: 1. Ishares Russell Top 200 ETF (IWL) — $65.8M (10.6%) 2. Invesco Qqq Trust Series 1 (QQQ) — $40.0M (6.5%) 3. Ste Str Spdr Pt S&p 500 ETF (SPYM) — $36.0M (5.8%) 4. Vaneck Morningstar Wide Moat (MOAT) — $29.3M (4.7%) 5. Vaneck Gold Miners ETF (GDX) — $23.4M (3.8%)

What changes did Richmond Investment Services, LLC make in its most recent portfolio filing?

In the latest reported quarter, Richmond Investment Services, LLC made 50 notable position adjustments: 12 new positions were initiated, 28 existing holdings were added to, 7 positions were partially reduced, and 3 were completely exited. The largest of these moves: New buy: Gldm SA S&p 500 Pr In Etf-us (GPIX); New buy: First Eagle Overseas Eq ETF (FEOE); Sold out: Vanguard Ftse Emerging Marke (VWO); New buy: Ishares 7-10 Year Treasury B (IEF); Sold out: Nuveen S&p 500 Buy-wr INC (XBXMX)

What sectors does Richmond Investment Services, LLC focus on?

Richmond Investment Services, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 34.6% • Financials: 17.3% • Communication Services: 14.2% • Consumer Discretionary: 11.9% • Health Care: 8.3% • Industrials: 6.9%