Red Spruce Capital 13F annual report
Red Spruce Capital is an investment fund managing more than $215 billion ran by Mark Vasquez. There are currently 83 companies in Mr. Vasquez’s portfolio. The largest investments include Alphabet Inc and Invesco Exchange-traded Self-indexed Fd Tr Bulletshares 2026 Etf, together worth $23.6 billion.
$215 billion Assets Under Management (AUM)
As of 25th June 2024, Red Spruce Capital’s top holding is 66,120 shares of Alphabet Inc currently worth over $12 billion and making up 5.6% of the portfolio value.
Relative to the number of outstanding shares of Alphabet Inc, Red Spruce Capital owns more than approximately 0.1% of the company.
In addition, the fund holds 600,200 shares of Invesco Exchange-traded Self-indexed Fd Tr Bulletshares 2026 Etf worth $11.5 billion.
The third-largest holding is Invesco Exchange-traded Self-indexed Fd Tr Bulletshares 2025 Etf worth $9.32 billion and the next is Abbvie Inc worth $9.18 billion, with 53,496 shares owned.
Currently, Red Spruce Capital's portfolio is worth at least $215 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 Red Spruce Capital
The Red Spruce Capital office and employees reside in Berwyn, Pennsylvania. According to the last 13-F report filed with the SEC, Mark Vasquez serves as the Managing Member at Red Spruce Capital.
Recent trades
In the most recent 13F filing, Red Spruce Capital revealed that it had opened a new position in
Global Pmts Inc Com and bought 21,689 shares worth $2.1 billion.
The investment fund also strengthened its position in Invesco Exchange-traded Self-indexed Fd Tr Bulletshares 2026 Etf by buying
217,222 additional shares.
This makes their stake in Invesco Exchange-traded Self-indexed Fd Tr Bulletshares 2026 Etf total 600,200 shares worth $11.5 billion.
On the other hand, there are companies that Red Spruce Capital is getting rid of from its portfolio.
Red Spruce Capital closed its position in Pioneer Nat Res Co Com on 2nd July 2024.
It sold the previously owned 8,846 shares for $1.99 billion.
Mark Vasquez also disclosed a decreased stake in Alphabet Inc by 0.1%.
This leaves the value of the investment at $12 billion and 66,120 shares.
One of the smallest hedge funds
The two most similar investment funds to Red Spruce Capital are Enervest and Royal Harbor Partners. They manage $215 billion and $215 billion respectively.
Mark Vasquez investment strategy
Red Spruce Capital’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 14.1% of
the total portfolio value.
The fund focuses on investments in the United States as
32.5% 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
27% of the total holdings value.
On the other hand, small-cap stocks make up only 1.2% of the portfolio.
The average market cap of the portfolio companies is close to $145 billion.
The complete list of Red Spruce Capital trades based on 13F SEC filings
These positions were updated on July 2nd 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 |
|---|---|---|---|
| Alphabet Inc |
13.25%
66,120
|
$12,043,758,000 | 5.59% |
| Invesco Exchange-traded Self-indexed Fd Tr Bulletshares 2026 Etf |
56.72%
600,200
|
$11,508,835,000 | 5.34% |
| Invesco Exchange-traded Self-indexed Fd Tr Bulletshares 2025 Etf |
15.74%
455,803
|
$9,321,171,000 | 4.33% |
| Abbvie Inc |
7.82%
53,496
|
$9,175,634,000 | 4.26% |
| Applied Matls Inc Com |
17.00%
27,521
|
$6,494,681,000 | 3.02% |
| Microsoft Corp Com |
8.45%
14,156
|
$6,327,024,000 | 2.94% |
| Invesco Exchange-traded Self-indexed Fd Tr Bulletshares 2027 Etf |
22.56%
323,951
|
$6,226,338,000 | 2.89% |
| Asml Hldg N V N Y Registry Shs New 2012 |
9.34%
6,034
|
$6,171,153,000 | 2.87% |
| Broadcom Inc. |
26.86%
3,447
|
$5,534,262,000 | 2.57% |
| Invesco Exchange-traded Self-indexed Fd Tr Invesco Bulletshares 2028 Corp Bd Etf |
15.80%
274,915
|
$5,484,554,000 | 2.55% |
| Paypal Hldgs Inc Com |
18.42%
92,197
|
$5,350,192,000 | 2.48% |
| Merck & Co Inc New Com |
1.48%
39,599
|
$4,902,356,000 | 2.28% |
| Meta Platforms Inc |
4.41%
9,101
|
$4,588,906,000 | 2.13% |
| Eaton Corporation Plc Shs Isin#ie00b8kqn827 |
22.96%
13,499
|
$4,232,611,000 | 1.97% |
| Linde Plc New Shs Isin#ie000s9ys762 |
3.35%
9,459
|
$4,150,704,000 | 1.93% |
| Texas Roadhouse Inc |
3.44%
21,590
|
$3,707,219,000 | 1.72% |
| Martin Marietta Matls Inc Com |
4.42%
6,661
|
$3,608,930,000 | 1.68% |
| Emerson Elec Co Com |
5.88%
31,743
|
$3,496,809,000 | 1.62% |
| Abbott Labs Com |
12.75%
32,715
|
$3,399,416,000 | 1.58% |
| Verizon Communications Inc |
71.23%
78,385
|
$3,232,597,000 | 1.50% |
| Woodward Inc |
3.51%
17,331
|
$3,022,180,000 | 1.40% |
| Schwab Charles Corp New Com |
3.27%
40,486
|
$2,983,413,000 | 1.39% |
| Invesco Exchange-traded Self-indexed Fd Tr Bulletshares 2024 Etf |
54.91%
141,649
|
$2,983,128,000 | 1.39% |
| Zscaler Inc |
10.54%
15,284
|
$2,937,432,000 | 1.36% |
| Cigna Group Com |
3.12%
8,652
|
$2,860,092,000 | 1.33% |
| Airbnb, Inc. |
32.91%
17,518
|
$2,656,254,000 | 1.23% |
| Southstate Corp Com |
12.46%
33,135
|
$2,532,177,000 | 1.18% |
| Jacobs Solutions Inc |
5.00%
18,123
|
$2,531,964,000 | 1.18% |
| Blackrock Inc. |
2.93%
3,082
|
$2,426,520,000 | 1.13% |
| Universal Display Corp Com |
13.97%
11,146
|
$2,343,447,000 | 1.09% |
| American Wtr Wks Co Inc New Com |
73.24%
17,755
|
$2,293,236,000 | 1.06% |
| Delta Air Lines Inc Del Com New |
2.15%
48,252
|
$2,289,075,000 | 1.06% |
| Neurocrine Biosciences, Inc. |
0.77%
16,150
|
$2,223,371,000 | 1.03% |
| Lithia Mtrs Inc Com |
5.49%
8,625
|
$2,177,381,000 | 1.01% |
| Lilly Eli & Co Com |
23.56%
2,365
|
$2,141,224,000 | 0.99% |
| Nvidia Corp Com |
467.39%
17,260
|
$2,132,300,000 | 0.99% |
| Hyatt Hotels Corp Com Cl A |
0.59%
13,994
|
$2,125,968,000 | 0.99% |
| Johnson Ctls Intl Plc Shs Isin#ie00by7ql619 |
0.67%
31,782
|
$2,112,550,000 | 0.98% |
| Global Pmts Inc Com |
Opened
21,689
|
$2,097,326,000 | 0.97% |
| Exxon Mobil Corp Com |
59.01%
17,974
|
$2,069,167,000 | 0.96% |
| Grocery Outlet Hldg Corp Com |
Opened
89,948
|
$1,989,650,000 | 0.92% |
| Pioneer Nat Res Co Com |
Closed
8,846
|
$1,989,288,000 | |
| Comcast Corp New Cl A |
2.35%
47,319
|
$1,853,012,000 | 0.86% |
| Intel Corp Com |
12.44%
58,682
|
$1,817,382,000 | 0.84% |
| Alphabet Inc Cap Stk Cl C |
1.25%
9,893
|
$1,814,574,000 | 0.84% |
| Northrop Grumman Corp Com |
47.60%
4,146
|
$1,807,449,000 | 0.84% |
| Snowflake Inc. |
19.16%
13,055
|
$1,763,600,000 | 0.82% |
| Johnson & Johnson Com |
0.88%
11,875
|
$1,735,650,000 | 0.81% |
| NNN REIT Inc |
1.61%
38,805
|
$1,653,093,000 | 0.77% |
| Msc Indl Direct Inc Cl A |
1.15%
19,877
|
$1,576,445,000 | 0.73% |
| Avalonbay Cmntys Inc Com |
16.23%
7,527
|
$1,557,261,000 | 0.72% |
| Medtronic Plc Shs Isin#ie00btn1y115 |
7.10%
19,226
|
$1,513,278,000 | 0.70% |
| International Business Machs Corp Com |
2.39%
8,286
|
$1,433,064,000 | 0.67% |
| Shell Plc Sponsored Adr Repstg Ord Sh Isin#us7802593050 |
1.72%
19,796
|
$1,428,875,000 | 0.66% |
| Conagra Brands Inc |
32.05%
47,913
|
$1,361,687,000 | 0.63% |
| MongoDB Inc |
19.65%
5,419
|
$1,354,533,000 | 0.63% |
| Molson Coors Beverage Company |
11.80%
26,372
|
$1,340,489,000 | 0.62% |
| Intuit Com |
1.00%
2,023
|
$1,329,536,000 | 0.62% |
| Fmc Corp Com New |
2.71%
20,801
|
$1,197,098,000 | 0.56% |
| Chevron Corp New Com |
4.84%
7,642
|
$1,195,362,000 | 0.55% |
| TREX Co., Inc. |
5.12%
15,600
|
$1,156,272,000 | 0.54% |
| Waste Connections Inc Com Isin#ca94106b1013 |
4.34%
6,352
|
$1,114,362,000 | 0.52% |
| Visa Inc |
5.59%
4,135
|
$1,085,313,000 | 0.50% |
| Roper Technologies Inc |
5.85%
1,809
|
$1,019,661,000 | 0.47% |
| Block Inc |
0.23%
14,523
|
$936,588,000 | 0.43% |
| Idexx Labs Inc Com |
7.13%
1,892
|
$921,782,000 | 0.43% |
| Ishares Tr Russell 3000 Etf |
54.65%
2,907
|
$897,304,000 | 0.42% |
| On Holding Ag Namen-akt -a- Isin#ch1134540470 |
Opened
22,949
|
$890,421,000 | 0.41% |
| Rollins, Inc. |
7.98%
17,933
|
$874,951,000 | 0.41% |
| Thermo Fisher Scientific Inc. |
6.71%
1,526
|
$843,878,000 | 0.39% |
| S&P Global Inc |
2.96%
1,845
|
$822,870,000 | 0.38% |
| Albemarle Corp Com |
5.31%
7,951
|
$759,480,000 | 0.35% |
| Ansys Inc. |
No change
2,344
|
$753,596,000 | 0.35% |
| Berkshire Hathaway Inc Del Cl B New |
32.69%
1,843
|
$749,732,000 | 0.35% |
| Invesco Exchange-traded Self-indexed Fd Tr Bulletshares 2029 Etf |
52.47%
39,281
|
$713,343,000 | 0.33% |
| Invesco Exchange-traded Self-indexed Fd Tr Invesco Bulletshares 2030 Corporate Bd Etf |
Opened
43,174
|
$702,009,000 | 0.33% |
| Atlassian Corporation |
Closed
2,942
|
$699,784,000 | |
| Select Sector Spdr Tr Utils |
Closed
10,873
|
$688,587,000 | |
| Starwood Ppty Tr Inc Com |
24.28%
35,159
|
$665,911,000 | 0.31% |
| Ishares Tr Pfd & Income Secs Etf |
15.80%
20,457
|
$645,418,000 | 0.30% |
| Starbucks Corp Com |
Closed
6,516
|
$625,601,000 | |
| Infinera Corp Com |
No change
95,020
|
$578,672,000 | 0.27% |
| Tyler Technologies, Inc. |
Opened
1,086
|
$546,019,000 | 0.25% |
| Tesla Inc |
39.01%
1,885
|
$373,004,000 | 0.17% |
| Ishares Tr Semiconductor Etf |
Opened
1,498
|
$369,452,000 | 0.17% |
| Unity Software Inc. |
Closed
8,622
|
$352,554,000 | |
| Ishares Tr Tips Bd Etf |
Closed
3,218
|
$345,903,000 | |
| Livent Corp Com |
Closed
14,559
|
$261,771,000 | |
| Vanguard Bd Index Fds Vanguard Total Bd Market Etf |
Closed
3,364
|
$247,422,000 | |
| Ishares Tr Iboxx Usd Invt Grade Corp Bd Etf |
No change
2,287
|
$244,983,000 | 0.11% |
| Zoetis Inc |
Closed
1,205
|
$237,831,000 | |
| Arcadium Lithium Plc Registered Shs Isin#je00bm9hz112 |
Opened
30,499
|
$102,477,000 | 0.05% |
| No transactions found | |||
| Showing first 500 out of 92 holdings | |||
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