Latest Redwood Investments, LLC Stock Portfolio

$341Million– No. of Holdings #119

Redwood Investments, LLC Performance:

2024 Q1: 4.85%YTD: 4.85%2023: 11.88%

Performance for 2024 Q1 is 4.85%, and YTD is 4.85%, and 2023 is 11.88%.

About Redwood Investments, LLC and 13F Hedge Fund Stock Holdings

Redwood Investments, LLC is a hedge fund based in NEWTON, MA. On 03-May-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $1.8 Billions. In it's latest 13F Holdings report, Redwood Investments, LLC reported an equity portfolio of $341.6 Millions as of 31 Mar, 2024.

The top stock holdings of Redwood Investments, LLC are NVDA, AMZN, TSM. The fund has invested 4.8% of it's portfolio in NVIDIA CORPORATION and 3.9% of portfolio in AMAZON COM INC.

The fund managers got completely rid off MERIT MED SYS INC (MMSI), RUSH ENTERPRISES INC (RUSHA) and CHART INDS INC (GTLS) stocks. They significantly reduced their stock positions in UNITEDHEALTH GROUP INC (UNH), CHIPOTLE MEXICAN GRILL INC (CMG) and EOG RES INC (EOG). Redwood Investments, LLC opened new stock positions in FERGUSON PLC NEW (FERG), AGILYSYS INC (AGYS) and CECO ENVIRONMENTAL CORP (CECE). The fund showed a lot of confidence in some stocks as they added substantially to MSCI INC (MSCI), STRYKER CORPORATION (SYK) and MSA SAFETY INC (MSA).

Redwood Investments, LLC Equity Portfolio Value

Last Reported on: 15 May, 2024

Redwood Investments, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Redwood Investments, LLC made a return of 4.85% in the last quarter. In trailing 12 months, it's portfolio return was 10.86%.

New Buys

Ticker	$ Bought
ferguson plc new	3,414,060
agilysys inc	2,806,620
ceco environmental corp	2,669,470
dream finders homes inc	2,568,700
evolent health inc	2,239,260
viking therapeutics inc	2,119,370
freshworks inc	1,518,880
amphastar pharmaceuticals in	1,515,820

New stocks bought by Redwood Investments, LLC

Additions

Ticker	% Inc.
msci inc	907
stryker corporation	127
msa safety inc	101
lithia mtrs inc	81.02
tjx cos inc new	56.04
axcelis technologies inc	55.49
danaher corporation	53.83
walmart inc	26.37

Additions to existing portfolio by Redwood Investments, LLC

Reductions

Ticker	% Reduced
unitedhealth group inc	-69.86
chipotle mexican grill inc	-67.19
eog res inc	-64.83
costco whsl corp new	-63.38
aspen aerogels inc	-59.51
nutanix inc	-58.22
doubleverify hldgs inc	-45.11
lantheus hldgs inc	-44.71

Redwood Investments, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
extreme networks	-1,648,140
rush enterprises inc	-3,800,670
calix inc	-2,765,750
merit med sys inc	-4,129,490
workiva inc	-2,976,250
chart inds inc	-3,574,570
mgp ingredients inc new	-2,299,460
ishares tr	-2,325,630

Redwood Investments, LLC got rid off the above stocks

Sector Distribution

Redwood Investments, LLC has about 27.5% of it's holdings in Technology sector.

Sector	%
Technology	27.5
Industrials	15.6
Healthcare	12.9
Consumer Cyclical	11
Others	10.7
Financial Services	7.8
Consumer Defensive	7
Energy	2.7
Communication Services	2.7

Market Cap. Distribution

Redwood Investments, LLC has about 50.9% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	33.1
LARGE-CAP	29.2
MEGA-CAP	21.7
UNALLOCATED	10.7
SMALL-CAP	5.3

Stocks belong to which Index?

About 72.8% of the stocks held by Redwood Investments, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	40.5
RUSSELL 2000	32.3
Others	27.2

Top 5 Winners (%)		%
VKTX	viking therapeutics inc	126.5 %
NVDA	nvidia corporation	56.7 %
PLMR	palomar hldgs inc	46.5 %
KNSL	kinsale cap group inc	46.0 %
FIX	comfort sys usa inc	43.4 %

Top 5 Winners ($)		$
NVDA	nvidia corporation	6.9 M
KNSL	kinsale cap group inc	3.4 M
FIX	comfort sys usa inc	2.0 M
PLMR	palomar hldgs inc	1.6 M
NTNX	nutanix inc	1.4 M

Top 5 Losers (%)		%
WCN	waste connections inc	-55.1 %
MELI	mercadolibre inc	-26.8 %
AAPL	apple inc	-23.3 %
ZTS	zoetis inc	-21.3 %
ADBE	adobe inc	-20.8 %

Top 5 Losers ($)		$
AAPL	apple inc	-1.9 M
MELI	mercadolibre inc	-1.8 M
ACN	accenture plc ireland	-1.0 M
PANW	palo alto networks inc	-0.6 M
UNH	unitedhealth group inc	-0.6 M

Redwood Investments, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Redwood Investments, LLC

Redwood Investments, LLC has 119 stocks in it's portfolio. About 26.2% of the portfolio is in top 10 stocks. AAPL proved to be the most loss making stock for the portfolio. NVDA was the most profitable stock for Redwood Investments, LLC last quarter.

Last Reported on: 15 May, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	1.67	39,103	5,692,790	reduced	-5.49

ACLS	axcelis technologies inc	0.67	20,821	2,287,390	added	55.49

ACN	accenture plc ireland	1.73	19,661	5,906,230	reduced	-2.8

ADBE	adobe inc	0.40	2,924	1,370,490	reduced	-4.29

ADUS	addus homecare corp	0.91	30,658	3,120,350	reduced	-15.68

AGG	ishares tr	0.00	0.00	0.00	sold off	-100

AGYS	agilysys inc	0.82	33,852	2,806,620	new

AIT	applied indl technologies in	1.18	20,694	4,029,820	reduced	-35.56

ALGM	allegro microsystems inc	0.69	88,919	2,362,340	reduced	-16.54

ALKS	alkermes plc	0.92	118,086	3,148,050	added	1.82

AMD	advanced micro devices inc	0.09	2,519	306,472	reduced	-23.36

AMPH	amphastar pharmaceuticals in	0.44	35,056	1,515,820	new

AMPS	ishares tr	0.41	26,881	1,386,790	added	13.53

AMPS	ishares tr	0.07	10,878	245,190	added	19.00

AMZN	amazon com inc	3.86	81,601	13,189,000	reduced	-2.07

APTV	aptiv plc	0.18	8,031	630,191	reduced	-4.26

ARCO	arcos dorados holdings inc	0.90	510,550	3,066,520	added	3.84

ASPN	aspen aerogels inc	0.47	91,621	1,588,290	reduced	-59.51

ATKR	atkore inc	1.34	24,478	4,590,530	added	5.33

AVAV	aerovironment inc	0.65	14,680	2,228,080	reduced	-42.18