Institutional Manager · CIK 0002012303
RICHARDSON FINANCIAL SERVICES INC.
MEDWAY, MA · File #028-24003
Latest AUM
$309.4M
Positions
1,130
Top-10 Concentration
78.3%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| NEW | ABB Ltd | ABLZF | +14 | +$144.7M | $0 |
| REDUCE | Northrop Grumman Corp | NOC | -946 | -$24.3M | +$23.8M |
| REDUCE | SPDR Portfolio S&P 600 Sm Cap ETF | 78468R853 | -22,485 | -$2.0M | +$955,241 |
| REDUCE | SPDR Portfolio Long Term Corp Bd ETF | 78464A367 | -438 | -$1.9M | +$1.9M |
| ADD | SPDR DEV WORLD EX-US ETF | 78463X889 | +30,641 | +$1.4M | +$5,310 |
| ADD | ISHARES CORE MSCI EUROPE ETF | 46434V738 | +17,389 | +$1.2M | +$1,133 |
| REDUCE | Philip Morris International Inc | 718172109 | -452 | -$1.2M | +$1.1M |
| REDUCE | SPDR S&P 500 ETF Trust | SPY | -1,052 | -$1.2M | +$574,537 |
| REDUCE | TESLA INC | TSLA | -2,523 | -$1.1M | +$13,049 |
| REDUCE | ISHS IBOX $ H/Y CORP ETF | 464288513 | -12,334 | -$994,488 | -$7,737 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 20251,130 pos · $309.4M
- 13F HOLDINGS REPORTQ/E Sep 20251,024 pos · $161.3M
- 13F HOLDINGS REPORTQ/E Jun 20251,242 pos · $148.9M
- 13F HOLDINGS REPORTQ/E Mar 20251,227 pos · $131.4M
- 13F HOLDINGS REPORTQ/E Dec 20241,208 pos · $142.3M
- 13F HOLDINGS REPORTQ/E Sep 20241,909 pos · $157.4M
- 13F HOLDINGS REPORTQ/E Jun 20241,273 pos · $138.9M
- 13F HOLDINGS REPORTQ/E Mar 20241,461 pos · $141.9M
- 13F HOLDINGS REPORTQ/E Mar 2024447 pos · $114.2M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | ABB Ltd | ABLZF | 14 | $144.7M | 64.60% |
| 2 | APPLE INC | AAPL | 21,778 | $5.9M | 2.64% |
| 3 | ST STR SPDR S&P 500 ETF | 78464A854 | 53,833 | $4.3M | 1.93% |
| 4 | NVIDIA CORP | NVDA | 21,090 | $3.9M | 1.76% |
| 5 | ALPHABET INC A | GOOG | 10,647 | $3.3M | 1.49% |
| 6 | ST STR SPDR S&P 500 ETF | 78464A854 | 38,332 | $3.1M | 1.37% |
| 7 | MICROSOFT CORPORATION | MSFT | 5,950 | $2.9M | 1.29% |
| 8 | VANGUARD VALUE ETF | 922908744 | 13,918 | $2.7M | 1.19% |
| 9 | VANGUARD GROWTH ETF | 922908736 | 4,776 | $2.3M | 1.04% |
| 10 | SPDR DEV WORLD EX-US ETF | 78463X889 | 51,480 | $2.3M | 1.02% |
| 11 | VANGUARD VALUE ETF | 922908744 | 11,646 | $2.2M | 0.99% |
| 12 | VANGUARD GROWTH ETF | 922908736 | 4,182 | $2.0M | 0.91% |
| 13 | Vanguard High Dividend Yield ETF | 921946406 | 1,527 | $2.0M | 0.88% |
| 14 | AMAZON.COM INC | AMZN | 8,508 | $2.0M | 0.88% |
| 15 | ISHS IBOX $ H/Y CORP ETF | 464288513 | 22,418 | $1.8M | 0.81% |
| 16 | Vanguard FTSE Emerging Markets ETF | 922042858 | 51 | $1.8M | 0.78% |
| 17 | SPDR EMERG MKTS ETF | 78463X509 | 35,733 | $1.7M | 0.75% |
| 18 | ISHARES 0-5 YEAR HIGH YIELD CORP ETF | 46434V407 | 38,026 | $1.6M | 0.73% |
| 19 | SPDR DEV WORLD EX-US ETF | 78463X889 | 33,919 | $1.5M | 0.67% |
| 20 | JPMORGAN CHASE & CO | VYLD | 4,390 | $1.4M | 0.63% |