Latest Richmond Brothers, Inc. Stock Portfolio
$53.95Million
Equity Portfolio Value
Last Reported on: 09 May, 2024
About Richmond Brothers, Inc. and it’s 13F Hedge Fund Stock Holdings
Richmond Brothers, Inc. is a hedge fund based in JACKSON, MI. On 31-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $201.5 Millions. In it's latest 13F Holdings report, Richmond Brothers, Inc. reported an equity portfolio of $54 Millions as of 31 Mar, 2024.
The top stock holdings of Richmond Brothers, Inc. are QQQ, MDXG, . The fund has invested 34.5% of it's portfolio in INVESCO QQQ TR and 15.7% of portfolio in MIMEDX GROUP INC.
The fund managers got completely rid off ONCTERNAL THERAPEUTICS INC (ONCT) and CHARGE ENTERPRISES INC (CRGE) stocks. They significantly reduced their stock positions in AIR INDS GROUP (AIRI), APPLIED THERAPEUTICS INC (APLT) and AMAZON COM INC (AMZN). Richmond Brothers, Inc. opened new stock positions in PROSHARES TR (EET), ONCTERNAL THERAPEUTICS INC (ONCT) and PROCTER AND GAMBLE CO (PG). The fund showed a lot of confidence in some stocks as they added substantially to DURECT CORP (DRRX) and GUGGENHEIM STRATEGIC OPPORTU.
The top stock holdings of Richmond Brothers, Inc. are QQQ, MDXG, . The fund has invested 34.5% of it's portfolio in INVESCO QQQ TR and 15.7% of portfolio in MIMEDX GROUP INC.
The fund managers got completely rid off ONCTERNAL THERAPEUTICS INC (ONCT) and CHARGE ENTERPRISES INC (CRGE) stocks. They significantly reduced their stock positions in AIR INDS GROUP (AIRI), APPLIED THERAPEUTICS INC (APLT) and AMAZON COM INC (AMZN). Richmond Brothers, Inc. opened new stock positions in PROSHARES TR (EET), ONCTERNAL THERAPEUTICS INC (ONCT) and PROCTER AND GAMBLE CO (PG). The fund showed a lot of confidence in some stocks as they added substantially to DURECT CORP (DRRX) and GUGGENHEIM STRATEGIC OPPORTU.
New Buys
| Ticker | $ Bought |
|---|---|
| PROSHARES TR | 345,537 |
| ONCTERNAL THERAPEUTICS INC | 222,264 |
| PROCTER AND GAMBLE CO | 209,789 |
New stocks bought by Richmond Brothers, Inc.
Additions
| Ticker | % Inc. |
|---|---|
| DURECT CORP | 48.24 |
| GUGGENHEIM STRATEGIC OPPORTU | 1.62 |
Additions to existing portfolio by Richmond Brothers, Inc.
Reductions
| Ticker | % Reduced |
|---|---|
| AIR INDS GROUP | -64.47 |
| APPLIED THERAPEUTICS INC | -50.00 |
| AMAZON COM INC | -28.37 |
| MIMEDX GROUP INC | -21.88 |
| ROCKWELL MED INC | -21.87 |
| MCDONALDS CORP | -21.13 |
| VERIZON COMMUNICATIONS INC | -14.22 |
| NUVEEN AMT FREE MUN CR INC F | -11.43 |
Richmond Brothers, Inc. reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| ONCTERNAL THERAPEUTICS INC | -264,907 |
| CHARGE ENTERPRISES INC | -2,282 |
Richmond Brothers, Inc. got rid off the above stocks
Current Stock Holdings of Richmond Brothers, Inc.
Last Reported on: 09 May, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options |
|---|---|---|---|---|---|---|---|
| AAPL | APPLE INC | 9.58 | 30,139 | 5,168,010 | REDUCED | -7.92 | |
| AGG | ISHARES TR | 2.10 | 8,249 | 1,131,870 | REDUCED | -11.16 | |
| AGG | ISHARES TR | 0.88 | 908 | 477,363 | REDUCED | -1.2 | |
| AIRI | AIR INDS GROUP | 0.30 | 34,805 | 163,584 | REDUCED | -64.47 | |
| AMZN | AMAZON COM INC | 0.94 | 2,797 | 504,523 | REDUCED | -28.37 | |
| APLT | APPLIED THERAPEUTICS INC | 0.78 | 61,827 | 420,424 | REDUCED | -50.00 | |
| ARKF | ARK ETF TR | 2.94 | 31,639 | 1,584,430 | REDUCED | -7.4 | |
| AXNX | AXONICS INC | 0.61 | 4,749 | 327,539 | UNCHANGED | 0.00 | |
| CRGE | CHARGE ENTERPRISES INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| DRRX | DURECT CORP | 1.72 | 768,344 | 929,696 | ADDED | 48.24 | |
| EET | PROSHARES TR | 0.64 | 5,613 | 345,537 | NEW | ||
| GOOG | ALPHABET INC | 0.56 | 1,984 | 302,085 | REDUCED | -0.55 | |
| HRTX | HERON THERAPEUTICS INC | 1.52 | 296,706 | 821,876 | UNCHANGED | 0.00 | |
| MCD | MCDONALDS CORP | 0.50 | 948 | 267,199 | REDUCED | -21.13 | |
| MDXG | MIMEDX GROUP INC | 15.66 | 1,097,020 | 8,447,050 | REDUCED | -21.88 | |
| MSFT | MICROSOFT CORP | 3.99 | 5,121 | 2,153,840 | REDUCED | -1.61 | |
| OCUP | OCUPHIRE PHARMA INC | 0.85 | 227,461 | 457,197 | REDUCED | -10.01 | |
| ONCT | ONCTERNAL THERAPEUTICS INC | 0.41 | 24,696 | 222,264 | NEW | ||
| ONCT | ONCTERNAL THERAPEUTICS INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| PG | PROCTER AND GAMBLE CO | 0.39 | 1,293 | 209,789 | NEW | ||
| QQQ | INVESCO QQQ TR | 34.54 | 41,972 | 18,636,200 | REDUCED | -7.26 | |
| RMTI | ROCKWELL MED INC | 0.99 | 322,251 | 534,950 | REDUCED | -21.87 | |
| VZ | VERIZON COMMUNICATIONS INC | 0.38 | 4,947 | 207,563 | REDUCED | -14.22 | |
| BERKSHIRE HATHAWAY INC DEL | 10.67 | 13,693 | 5,758,250 | REDUCED | -7.1 | ||
| GUGGENHEIM STRATEGIC OPPORTU | 8.02 | 302,107 | 4,326,140 | ADDED | 1.62 | ||
| NUVEEN AMT FREE MUN CR INC F | 1.03 | 45,850 | 557,091 | REDUCED | -11.43 |