Hardy Reed 13F annual report
Hardy Reed is an investment fund managing more than $992 billion ran by Susan Brodnick. There are currently 190 companies in Mrs. Brodnick’s portfolio. The largest investments include Vanguard Index Fds and Ishares Tr, together worth $512 billion.
$992 billion Assets Under Management (AUM)
As of 5th August 2024, Hardy Reed’s top holding is 1,111,341 shares of Vanguard Index Fds currently worth over $343 billion and making up 34.6% of the portfolio value.
In addition, the fund holds 2,047,534 shares of Ishares Tr worth $169 billion.
The third-largest holding is Jpmorgan Chase Co. worth $81.1 billion and the next is Vanguard Charlotte Fds worth $49.3 billion, with 1,013,009 shares owned.
Currently, Hardy Reed's portfolio is worth at least $992 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 Hardy Reed
The Hardy Reed office and employees reside in Tupelo, Mississippi. According to the last 13-F report filed with the SEC, Susan Brodnick serves as the Compliance Consultant at Hardy Reed.
Recent trades
In the most recent 13F filing, Hardy Reed revealed that it had opened a new position in
Alphabet Inc and bought 49,061 shares worth $8.94 billion.
This means they effectively own approximately 0.1% of the company.
Alphabet Inc makes up
17.2%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Vanguard Index Fds by buying
5,620 additional shares.
This makes their stake in Vanguard Index Fds total 1,111,341 shares worth $343 billion.
On the other hand, there are companies that Hardy Reed is getting rid of from its portfolio.
Hardy Reed closed its position in BlackLine Inc on 12th August 2024.
It sold the previously owned 4,063 shares for $262 million.
Susan Brodnick also disclosed a decreased stake in Schwab Strategic Tr by approximately 0.1%.
This leaves the value of the investment at $4.67 billion and 125,431 shares.
One of the average hedge funds
The two most similar investment funds to Hardy Reed are Rvw Wealth and Cornerstone Capital. They manage $992 billion and $991 billion respectively.
Susan Brodnick investment strategy
Hardy Reed’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 5.2% of
the total portfolio value.
The fund focuses on investments in the United States as
44.7% 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
44% of the total holdings value.
On the other hand, small-cap stocks make up only 1.1% of the portfolio.
The average market cap of the portfolio companies is close to $153 billion.
The complete list of Hardy Reed trades based on 13F SEC filings
These positions were updated on August 12th 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 |
|---|---|---|---|
| Vanguard Index Fds |
0.51%
1,111,341
|
$342,992,667,000 | 34.58% |
| Ishares Tr |
2.47%
2,047,534
|
$168,782,228,000 | 17.02% |
| Jpmorgan Chase Co. |
4.77%
400,801
|
$81,066,011,000 | 8.17% |
| Vanguard Charlotte Fds |
12.04%
1,013,009
|
$49,303,159,000 | 4.97% |
| Apple Inc |
61.31%
134,581
|
$28,345,451,000 | 2.86% |
| Vanguard Star Fds |
0.01%
405,959
|
$24,479,328,000 | 2.47% |
| Berkshire Hathaway Inc. |
No change
36
|
$22,040,676,000 | 2.22% |
| Spdr Sp 500 Etf Tr |
No change
31,416
|
$17,097,216,000 | 1.72% |
| Spdr Ser Tr |
18.78%
558,311
|
$16,759,408,000 | 1.69% |
| Vanguard Whitehall Fds |
14.83%
135,566
|
$16,078,128,000 | 1.62% |
| Microsoft Corporation |
435.85%
26,144
|
$11,685,061,000 | 1.18% |
| Alphabet Inc |
Opened
49,061
|
$8,936,462,000 | 0.90% |
| Dimensional Etf Trust |
15.11%
429,677
|
$22,487,239,000 | 2.27% |
| Alphabet Inc |
310.28%
33,401
|
$6,126,412,000 | 0.62% |
| Amazon.com Inc. |
972.99%
31,546
|
$6,096,265,000 | 0.61% |
| Cadence Bank |
No change
208,828
|
$5,905,656,000 | 0.60% |
| NVIDIA Corp |
Opened
42,904
|
$5,300,361,000 | 0.53% |
| Schwab Strategic Tr |
3.21%
125,431
|
$4,674,734,000 | 0.47% |
| Home Depot, Inc. |
213.22%
10,878
|
$3,744,643,000 | 0.38% |
| Visa Inc |
Opened
13,400
|
$3,517,098,000 | 0.35% |
| Trane Technologies plc |
Opened
10,550
|
$3,470,212,000 | 0.35% |
| Vanguard Intl Equity Index F |
No change
74,767
|
$3,271,804,000 | 0.33% |
| Exxon Mobil Corp. |
Opened
28,091
|
$3,233,836,000 | 0.33% |
| Norfolk Southn Corp |
No change
15,000
|
$3,220,350,000 | 0.32% |
| Elevance Health Inc |
Opened
5,875
|
$3,183,428,000 | 0.32% |
| Adobe Inc |
Opened
5,717
|
$3,176,023,000 | 0.32% |
| Progressive Corp. |
60.98%
13,862
|
$2,879,277,000 | 0.29% |
| Accenture Plc Ireland |
Opened
7,681
|
$2,330,493,000 | 0.23% |
| Intercontinental Exchange In |
Opened
16,025
|
$2,193,663,000 | 0.22% |
| Mastercard Incorporated |
Opened
4,928
|
$2,174,037,000 | 0.22% |
| Unitedhealth Group Inc |
Opened
4,224
|
$2,151,115,000 | 0.22% |
| Vanguard Tax-managed Fds |
0.84%
42,599
|
$2,105,243,000 | 0.21% |
| Fiserv, Inc. |
Opened
13,378
|
$1,993,858,000 | 0.20% |
| Abbvie Inc |
Opened
11,527
|
$1,977,112,000 | 0.20% |
| Vanguard Scottsdale Fds |
No change
9,678
|
$2,328,522,000 | 0.23% |
| Synopsys, Inc. |
Opened
3,274
|
$1,948,227,000 | 0.20% |
| Invesco Exch Traded Fd Tr Ii |
Opened
45,000
|
$1,939,050,000 | 0.20% |
| American Express Co. |
Opened
8,199
|
$1,898,479,000 | 0.19% |
| Merck Co Inc |
Opened
15,283
|
$1,892,036,000 | 0.19% |
| Vanguard World Fd |
Opened
9,400
|
$1,854,526,000 | 0.19% |
| Broadcom Inc |
560.00%
1,155
|
$1,854,388,000 | 0.19% |
| Johnson Johnson |
127.53%
12,273
|
$1,793,822,000 | 0.18% |
| Qualcomm, Inc. |
Opened
8,784
|
$1,749,598,000 | 0.18% |
| Palo Alto Networks Inc |
Opened
5,098
|
$1,728,273,000 | 0.17% |
| PayPal Holdings Inc |
Opened
29,095
|
$1,688,383,000 | 0.17% |
| Applied Matls Inc |
Opened
6,991
|
$1,649,807,000 | 0.17% |
| Chevron Corp. |
Opened
10,424
|
$1,630,523,000 | 0.16% |
| Amphenol Corp. |
Opened
24,088
|
$1,622,809,000 | 0.16% |
| Wells Fargo Co New |
406.11%
27,072
|
$1,607,807,000 | 0.16% |
| NextEra Energy Inc |
Opened
22,249
|
$1,575,452,000 | 0.16% |
| Booking Holdings Inc |
Opened
397
|
$1,572,716,000 | 0.16% |
| Advanced Micro Devices Inc. |
Opened
9,516
|
$1,543,591,000 | 0.16% |
| Uber Technologies Inc |
Opened
20,940
|
$1,521,920,000 | 0.15% |
| Spdr Sp Midcap 400 Etf Tr |
No change
2,775
|
$1,484,847,000 | 0.15% |
| Ishares Tr |
Opened
27,858
|
$1,480,096,000 | 0.15% |
| Thermo Fisher Scientific Inc. |
Opened
2,559
|
$1,415,127,000 | 0.14% |
| Union Pac Corp |
240.28%
6,217
|
$1,406,659,000 | 0.14% |
| Lear Corp. |
Opened
12,000
|
$1,370,520,000 | 0.14% |
| Danaher Corp. |
Opened
5,392
|
$1,347,192,000 | 0.14% |
| Caterpillar Inc. |
Opened
3,981
|
$1,326,072,000 | 0.13% |
| Blackrock Inc. |
Opened
1,600
|
$1,259,712,000 | 0.13% |
| Vanguard Bd Index Fds |
1.32%
32,761
|
$2,482,919,000 | 0.25% |
| Philip Morris International Inc |
Opened
12,150
|
$1,231,160,000 | 0.12% |
| American Tower Corp. |
Opened
6,322
|
$1,228,871,000 | 0.12% |
| Oreilly Automotive Inc |
41.82%
1,153
|
$1,217,638,000 | 0.12% |
| Novo-nordisk A S |
Opened
8,349
|
$1,191,737,000 | 0.12% |
| Verisk Analytics Inc |
Opened
4,358
|
$1,174,743,000 | 0.12% |
| Sysco Corp. |
Opened
15,266
|
$1,089,840,000 | 0.11% |
| Vanguard World Fd |
1.35%
27,023
|
$2,493,409,000 | 0.25% |
| Meta Platforms Inc |
1.36%
1,944
|
$980,204,000 | 0.10% |
| Select Sector Spdr Tr |
16.00%
21,821
|
$2,358,007,000 | 0.24% |
| Schwab Charles Corp |
0.25%
13,178
|
$971,087,000 | 0.10% |
| GE Aerospace |
2.96%
6,048
|
$961,451,000 | 0.10% |
| Disney Walt Co |
35.19%
8,967
|
$890,334,000 | 0.09% |
| T-Mobile US, Inc. |
Opened
5,016
|
$883,719,000 | 0.09% |
| Honeywell International Inc |
Opened
3,750
|
$800,775,000 | 0.08% |
| Taiwan Semiconductor Mfg Ltd |
Opened
4,579
|
$795,876,000 | 0.08% |
| NetEase Inc |
Opened
8,255
|
$789,344,000 | 0.08% |
| Tjx Cos Inc New |
19.76%
7,152
|
$787,436,000 | 0.08% |
| Parker-Hannifin Corp. |
1.50%
1,490
|
$753,657,000 | 0.08% |
| Mondelez International Inc. |
Opened
11,350
|
$742,744,000 | 0.07% |
| Lam Research Corp. |
Opened
691
|
$735,812,000 | 0.07% |
| TE Connectivity Ltd |
No change
4,886
|
$735,001,000 | 0.07% |
| Prudential Finl Inc |
Opened
6,104
|
$715,328,000 | 0.07% |
| UFP Industries Inc |
Opened
6,225
|
$697,200,000 | 0.07% |
| Wisdomtree Tr |
No change
8,927
|
$696,753,000 | 0.07% |
| Walmart Inc |
7.89%
10,221
|
$692,064,000 | 0.07% |
| Fidelity Covington Trust |
No change
4,010
|
$687,796,000 | 0.07% |
| Targa Res Corp |
Opened
5,180
|
$667,081,000 | 0.07% |
| Renasant Corp. |
No change
21,586
|
$659,237,000 | 0.07% |
| Energy Transfer L P |
Opened
38,420
|
$623,173,000 | 0.06% |
| Mueller Inds Inc |
No change
10,776
|
$613,586,000 | 0.06% |
| Fastenal Co. |
No change
8,933
|
$561,350,000 | 0.06% |
| Simpson Mfg Inc |
148.23%
3,299
|
$555,981,000 | 0.06% |
| Linde Plc. |
Opened
1,218
|
$534,471,000 | 0.05% |
| Marathon Pete Corp |
Opened
3,032
|
$525,992,000 | 0.05% |
| RTX Corp |
Opened
5,233
|
$525,341,000 | 0.05% |
| MPLX LP |
Opened
12,270
|
$522,580,000 | 0.05% |
| Sps Comm Inc |
No change
2,776
|
$522,333,000 | 0.05% |
| Cooper Cos Inc |
Opened
5,892
|
$514,667,000 | 0.05% |
| Regions Financial Corp. |
Opened
25,643
|
$513,886,000 | 0.05% |
| Ge Vernova Inc |
Opened
2,916
|
$500,124,000 | 0.05% |
| Descartes Sys Group Inc |
No change
4,857
|
$470,352,000 | 0.05% |
| Asml Holding N V |
Opened
452
|
$462,274,000 | 0.05% |
| Copart, Inc. |
Opened
8,484
|
$459,579,000 | 0.05% |
| Omnicom Group, Inc. |
No change
5,120
|
$459,264,000 | 0.05% |
| Fedex Corp |
Opened
1,520
|
$455,757,000 | 0.05% |
| Cheniere Energy Inc. |
Opened
2,580
|
$451,062,000 | 0.05% |
| Western Midstream Partners L |
Opened
11,350
|
$450,936,000 | 0.05% |
| Expeditors Intl Wash Inc |
No change
3,583
|
$447,123,000 | 0.05% |
| Carmax Inc |
66.07%
6,093
|
$446,861,000 | 0.05% |
| Cisco Sys Inc |
Opened
9,326
|
$443,079,000 | 0.04% |
| Restaurant Brands International Inc |
Opened
6,203
|
$436,506,000 | 0.04% |
| Manhattan Brdg Cap Inc |
43.96%
435,495
|
$435,496,000 | 0.04% |
| Kinder Morgan Inc |
Opened
21,870
|
$434,557,000 | 0.04% |
| Abbott Labs |
Opened
4,156
|
$431,850,000 | 0.04% |
| Shell Plc |
Opened
5,901
|
$425,935,000 | 0.04% |
| Eog Res Inc |
Opened
3,381
|
$425,567,000 | 0.04% |
| Enterprise Prods Partners L |
Opened
14,400
|
$417,312,000 | 0.04% |
| Ishares Inc |
0.10%
12,215
|
$409,569,000 | 0.04% |
| Agilent Technologies Inc. |
Opened
3,150
|
$408,335,000 | 0.04% |
| Fidelity Natl Information Sv |
Opened
5,292
|
$398,806,000 | 0.04% |
| Canadian Pacific Kansas City |
Opened
5,033
|
$396,249,000 | 0.04% |
| Silicon Motion Technology Corp |
Opened
4,797
|
$388,653,000 | 0.04% |
| United Therapeutics Corp |
Opened
1,214
|
$386,854,000 | 0.04% |
| Evercore Inc |
Opened
1,854
|
$386,430,000 | 0.04% |
| Exponent Inc. |
No change
3,970
|
$377,627,000 | 0.04% |
| General Dynamics Corp. |
Opened
1,299
|
$376,892,000 | 0.04% |
| Phillips Edison Co Inc |
Opened
11,489
|
$375,806,000 | 0.04% |
| Etf Ser Solutions |
No change
7,310
|
$375,661,000 | 0.04% |
| Pepsico Inc |
Opened
2,244
|
$370,103,000 | 0.04% |
| TotalEnergies SE |
Opened
5,489
|
$366,007,000 | 0.04% |
| Icon Plc |
Opened
1,144
|
$358,770,000 | 0.04% |
| Enlink Midstream LLC |
Opened
25,590
|
$352,119,000 | 0.04% |
| Texas Instrs Inc |
Opened
1,756
|
$341,595,000 | 0.03% |
| Vail Resorts Inc. |
Opened
1,781
|
$320,812,000 | 0.03% |
| Global Pmts Inc |
Opened
3,317
|
$320,754,000 | 0.03% |
| Constellation Brands, Inc. |
Opened
1,239
|
$318,770,000 | 0.03% |
| Bank America Corp |
1.72%
7,884
|
$313,547,000 | 0.03% |
| Gilead Sciences, Inc. |
Opened
4,536
|
$311,215,000 | 0.03% |
| Hess Midstream LP |
Opened
8,540
|
$311,198,000 | 0.03% |
| Price T Rowe Group Inc |
Opened
2,696
|
$311,011,000 | 0.03% |
| Sp Global Inc |
Opened
697
|
$310,862,000 | 0.03% |
| Sony Group Corp |
Opened
3,643
|
$309,473,000 | 0.03% |
| Magna International Inc. |
Opened
7,317
|
$306,583,000 | 0.03% |
| Medpace Holdings Inc |
14.99%
737
|
$303,534,000 | 0.03% |
| Orix Corporation |
Opened
2,685
|
$298,841,000 | 0.03% |
| Fidelity Merrimack Str Tr |
19.30%
6,559
|
$294,696,000 | 0.03% |
| Comcast Corp New |
Opened
7,473
|
$292,643,000 | 0.03% |
| Casella Waste Sys Inc |
No change
2,930
|
$290,715,000 | 0.03% |
| Wendys Co |
Opened
17,110
|
$290,186,000 | 0.03% |
| Baxter International Inc. |
Opened
8,628
|
$288,607,000 | 0.03% |
| Stanley Black Decker Inc |
Opened
3,581
|
$286,087,000 | 0.03% |
| Chesapeake Energy Corp. |
Opened
3,479
|
$285,870,000 | 0.03% |
| Freshpet Inc |
No change
2,186
|
$282,847,000 | 0.03% |
| Suncor Energy, Inc. |
Opened
7,225
|
$275,273,000 | 0.03% |
| Skyworks Solutions, Inc. |
Opened
2,578
|
$274,764,000 | 0.03% |
| Oneok Inc. |
Opened
3,360
|
$274,008,000 | 0.03% |
| Grand Canyon Ed Inc |
No change
1,958
|
$273,944,000 | 0.03% |
| Masimo Corp |
Opened
2,172
|
$273,499,000 | 0.03% |
| Us Bancorp Del |
3.79%
6,848
|
$271,866,000 | 0.03% |
| Pfizer Inc. |
9.46%
9,555
|
$267,349,000 | 0.03% |
| Williams Cos Inc |
Opened
6,220
|
$264,350,000 | 0.03% |
| Bristol-Myers Squibb Co. |
Opened
6,330
|
$262,885,000 | 0.03% |
| BlackLine Inc |
Closed
4,063
|
$262,389,000 | |
| Lyondellbasell Industries N |
Opened
2,718
|
$260,004,000 | 0.03% |
| Honda Motor |
Opened
7,841
|
$252,794,000 | 0.03% |
| Altair Engr Inc |
No change
2,570
|
$252,066,000 | 0.03% |
| Workiva Inc |
No change
3,425
|
$249,991,000 | 0.03% |
| Floor Decor Hldgs Inc |
Closed
1,916
|
$248,352,000 | |
| RB Global Inc |
16.77%
3,246
|
$247,865,000 | 0.02% |
| Globant S.A. |
No change
1,387
|
$247,247,000 | 0.02% |
| AAON Inc. |
Closed
2,777
|
$244,654,000 | |
| Kinsale Cap Group Inc |
Closed
458
|
$240,331,000 | |
| Astrazeneca plc |
Opened
3,004
|
$234,282,000 | 0.02% |
| Alcon Ag |
Opened
2,600
|
$231,608,000 | 0.02% |
| Repligen Corp. |
45.79%
1,837
|
$231,573,000 | 0.02% |
| Gentex Corp. |
Opened
6,863
|
$231,318,000 | 0.02% |
| Mitsubishi Ufj Finl Group In |
Opened
21,034
|
$227,168,000 | 0.02% |
| Thor Inds Inc |
Opened
2,413
|
$225,495,000 | 0.02% |
| Ccc Intelligent Solutions Hl |
6.97%
20,110
|
$223,423,000 | 0.02% |
| Alarm.com Holdings Inc |
Closed
3,058
|
$221,614,000 | |
| International Business Machs |
Opened
1,273
|
$220,166,000 | 0.02% |
| Model N Inc |
Closed
7,700
|
$219,219,000 | |
| NICE Ltd |
Opened
1,270
|
$218,504,000 | 0.02% |
| Franklin Resources, Inc. |
Opened
9,620
|
$215,007,000 | 0.02% |
| Sei Invts Co |
Opened
3,288
|
$212,701,000 | 0.02% |
| Dominos Pizza Inc |
Opened
410
|
$211,696,000 | 0.02% |
| Ensign Group Inc |
No change
1,710
|
$211,510,000 | 0.02% |
| Kimberly-Clark Corp. |
Opened
1,512
|
$208,959,000 | 0.02% |
| Five Below Inc |
30.49%
1,909
|
$208,024,000 | 0.02% |
| Medtronic Plc |
Opened
2,627
|
$206,772,000 | 0.02% |
| Novanta Inc |
Closed
1,180
|
$206,229,000 | |
| Paylocity Hldg Corp |
Closed
1,193
|
$205,029,000 | |
| Kadant, Inc. |
Closed
616
|
$202,110,000 | |
| Citizens Finl Group Inc |
Opened
5,607
|
$202,021,000 | 0.02% |
| Stevanato Group S.p.A. |
2.45%
10,237
|
$187,747,000 | 0.02% |
| ING Groep N.V. |
Opened
10,450
|
$179,113,000 | 0.02% |
| Paycor Hcm Inc |
No change
11,478
|
$145,771,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 199 holdings | |||
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