Red Cedar Capital 13F annual report

Red Cedar Capital is an investment fund managing more than $158 million ran by Adam Yale. There are currently 166 companies in Mr. Yale’s portfolio. The largest investments include Autozone and Boston Omaha Corpora, together worth $29.1 million.

Limited to 30 biggest holdings

$158 million Assets Under Management (AUM)

As of 30th January 2023, Red Cedar Capital’s top holding is 6,662 shares of Autozone currently worth over $16.4 million and making up 10.4% of the portfolio value. Relative to the number of outstanding shares of Autozone, Red Cedar Capital owns more than approximately 0.1% of the company. In addition, the fund holds 479,394 shares of Boston Omaha Corpora worth $12.7 million. The third-largest holding is Copart worth $11.4 million and the next is Berkshire Hathaway worth $15.5 million, with 33,521 shares owned.

Currently, Red Cedar Capital's portfolio is worth at least $158 million. 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 Cedar Capital

The Red Cedar Capital office and employees reside in Omaha, Nebraska. According to the last 13-F report filed with the SEC, Adam Yale serves as the PRESIDENT at Red Cedar Capital.

Recent trades

In the most recent 13F filing, Red Cedar Capital revealed that it had increased its stake in Boston Omaha Corpora and bought 503 additional shares worth around .

On the other hand, there are companies that Red Cedar Capital is getting rid of from its portfolio. Red Cedar Capital closed its position in Embecta Corp on 6th February 2023. It sold the previously owned 54,022 shares for $1.56 million. Adam Yale also disclosed a decreased stake in Autozone by approximately 0.1%. This leaves the value of the investment at $16.4 million and 6,662 shares.

One of the smallest hedge funds

The two most similar investment funds to Red Cedar Capital are Hillcrest Wealth Advisors - Ny and Brown Miller Wealth Management. They manage $158 million and $158 million respectively.


Adam Yale investment strategy

Red Cedar Capital’s portfolio is diversified across 11 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 28.7% of the total portfolio value. The fund focuses on investments in the United States as 48.8% 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 42% 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 $165 billion.

The complete list of Red Cedar Capital trades based on 13F SEC filings

These positions were updated on February 6th 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
Autozone Inc.
0.09%
6,662
$16,430,000 10.42%
Boston Omaha Corpora
0.11%
479,394
$12,704,000 8.06%
Copart, Inc.
100.22%
187,466
$11,415,000 7.24%
Berkshire Hathaway Inc.
0.31%
33,521
$15,507,000 9.84%
Ross Stores, Inc.
No change
72,823
$8,453,000 5.36%
Coca-Cola Co
No change
92,707
$5,897,000 3.74%
Waters Corp.
0.27%
16,912
$5,793,000 3.67%
HCA Healthcare Inc
0.55%
22,889
$5,492,000 3.48%
Accenture plc
0.90%
20,048
$5,350,000 3.39%
Wells Fargo Co New
No change
129,200
$5,335,000 3.38%
Teleflex Incorporated
0.50%
20,789
$5,189,000 3.29%
Alphabet Inc
No change
47,093
$4,200,000 2.66%
Elevance Health Inc
No change
6,880
$3,529,000 2.24%
Alphabet Inc
No change
36,700
$3,238,000 2.05%
Valmont Industries, Inc.
17.62%
9,386
$3,104,000 1.97%
TJX Companies, Inc.
No change
36,015
$2,867,000 1.82%
Apple Inc
No change
18,135
$2,356,000 1.49%
Liberty Media Corp Delaware
No change
41,022
$2,193,000 1.39%
Unitedhealth Group Inc
No change
4,066
$2,156,000 1.37%
Mistras Group Inc
0.20%
395,210
$1,948,000 1.24%
Diageo P L C
No change
10,482
$1,868,000 1.18%
Us Bancorp Del
0.94%
42,537
$1,855,000 1.18%
Teva Pharm Inds Ltd
0.16%
186,501
$1,701,000 1.08%
Pepsico Incorporated
No change
9,065
$1,638,000 1.04%
Vanguard Scottsdale Fds
No change
21,429
$1,611,000 1.02%
Embecta Corp
Closed
54,022
$1,555,000
Microsoft Corporation
No change
6,434
$1,543,000 0.98%
Markel Corp
No change
1,165
$1,535,000 0.97%
Dream Finders Homes, Inc.
2.23%
167,135
$1,447,000 0.92%
Spdr Sp 500 Etf Tr
3.66%
3,346
$1,280,000 0.81%
Enovis Corporation
No change
21,901
$1,172,000 0.74%
Cvs Corp.
No change
10,530
$981,000 0.62%
Bank Amer Corp
0.88%
28,731
$952,000 0.60%
Home Depot, Inc.
No change
2,553
$806,000 0.51%
American Express Co.
No change
5,016
$741,000 0.47%
Carmax Inc
No change
11,689
$712,000 0.45%
Allstate Corp (The)
No change
5,000
$678,000 0.43%
Esab Corporation
No change
14,376
$675,000 0.43%
Brown-Forman Corporation
No change
6,582
$632,000 0.40%
Schwab Strategic Tr
0.17%
38,040
$1,489,000 0.94%
AMGEN Inc.
No change
2,280
$599,000 0.38%
Amdocs Limited
No change
6,380
$580,000 0.37%
Moodys Corp
No change
2,070
$577,000 0.37%
Brookfield Asset Mgmt
No change
16,406
$460,000 0.29%
3M Co.
No change
3,743
$449,000 0.28%
Abbvie Inc
4.47%
2,652
$429,000 0.27%
Advance Auto Parts Inc
No change
2,862
$421,000 0.27%
Capital One Financial Corp.
No change
4,512
$419,000 0.27%
Automatic Data Processing Inc.
No change
1,403
$335,000 0.21%
Spdr Index Shs Fds
No change
11,165
$335,000 0.21%
Shell Plc
No change
5,543
$310,000 0.20%
Ishares Tr
No change
5,094
$513,000 0.33%
Morgan Stanley
No change
3,500
$298,000 0.19%
Johnson Johnson
No change
1,649
$291,000 0.18%
Abbott Laboratories
No change
2,622
$287,000 0.18%
Novartis AG
No change
3,140
$285,000 0.18%
Wal-mart Stores Inc
No change
1,908
$271,000 0.17%
Charles Schwab Us Mc
0.52%
4,037
$265,000 0.17%
Baxter International Inc.
No change
4,893
$249,000 0.16%
Kimberly-Clark Corp.
No change
1,575
$214,000 0.14%
Discover Financial Svcs
No change
2,000
$196,000 0.12%
Ishares Gold Trust
No change
4,619
$160,000 0.10%
Thermo Fisher Scientific Inc.
12.70%
284
$156,000 0.10%
Vanguard Bd Index Fds
No change
2,249
$167,000 0.11%
Mohawk Industries, Inc.
No change
1,500
$153,000 0.10%
Mcdonalds Corp
No change
550
$145,000 0.09%
Johnson Ctls Intl Plc
No change
2,101
$134,000 0.08%
Amazon.com Inc.
No change
1,480
$124,000 0.08%
Global X Fds
No change
2,951
$122,000 0.08%
Stanley Black Decker
No change
1,528
$115,000 0.07%
Vanguard Index Fds
No change
861
$163,000 0.10%
Omnicom Group, Inc.
No change
1,290
$105,000 0.07%
Williams Cos Inc
No change
2,817
$93,000 0.06%
Netflix Inc.
No change
300
$88,000 0.06%
Vanguard Intl Equity Index F
No change
2,157
$84,000 0.05%
Waste Mgmt Inc Del
No change
525
$82,000 0.05%
Danaher Corp.
106.85%
302
$80,000 0.05%
Liberty Media Corp.
No change
4,119
$134,000 0.08%
Starbucks Corp.
No change
700
$69,000 0.04%
Commerce Bancshares, Inc.
4.94%
999
$68,000 0.04%
Pfizer Inc.
No change
1,180
$60,000 0.04%
Becton, Dickinson Co
No change
229
$58,000 0.04%
Exxon Mobil Corp.
No change
500
$55,000 0.03%
Costco Whsl Corp New
No change
117
$53,000 0.03%
Intel Corp.
No change
1,819
$48,000 0.03%
Werner Enterprises, Inc.
No change
1,159
$47,000 0.03%
Dover Corp.
No change
322
$44,000 0.03%
Alcon Inc.
No change
628
$43,000 0.03%
Lamb Weston Holdings Inc
No change
450
$40,000 0.03%
Zimmer Biomet Holdings Inc
No change
300
$38,000 0.02%
Tesla Inc
No change
303
$37,000 0.02%
Cisco Sys Inc
No change
766
$36,000 0.02%
Berkley W R Corp
No change
457
$33,000 0.02%
Union Pacific Corp.
No change
120
$25,000 0.02%
Facebook Inc
No change
200
$24,000 0.02%
Pentair plc
No change
527
$24,000 0.02%
Vanguard Whitehall Fds
No change
218
$24,000 0.02%
Franco Nev Corp
No change
154
$21,000 0.01%
Royal Gold, Inc.
No change
188
$21,000 0.01%
Vanguard Tax-managed Fds
No change
504
$21,000 0.01%
nVent Electric plc
No change
527
$20,000 0.01%
Occidental Pete Corp
No change
302
$19,000 0.01%
Nike, Inc.
No change
152
$18,000 0.01%
NVIDIA Corp
No change
122
$18,000 0.01%
Medtronic Inc
No change
229
$18,000 0.01%
Franklin Resources, Inc.
No change
670
$18,000 0.01%
CME Group Inc
No change
102
$17,000 0.01%
Goldman Sachs Etf Tr
No change
750
$16,000 0.01%
Capitol Fed Finl Inc
No change
1,729
$15,000 0.01%
Ishares Inc.
No change
706
$26,000 0.02%
Mastercard Incorporated
No change
40
$14,000 0.01%
Southwest Airls Co.
No change
400
$13,000 0.01%
Jpmorgan Chase Co
No change
100
$13,000 0.01%
Sky Harbour Group Corporatio
No change
4,000
$11,000 0.01%
Enbridge Inc
No change
286
$11,000 0.01%
Intuit Inc
No change
29
$11,000 0.01%
Corteva Inc
No change
150
$9,000 0.01%
Visa Inc
No change
37
$8,000 0.01%
Disney, Walt Co.
No change
93
$8,000 0.01%
Vanguard World Fds
No change
56
$12,000 0.01%
Adient plc
No change
210
$7,000 0.00%
Spdr Ser Tr
No change
144
$7,000 0.00%
Liberty Global Inc.
No change
313
$6,000 0.00%
Duke Energy Corp.
No change
58
$6,000 0.00%
Wendys Co
No change
250
$6,000 0.00%
International Flavors Fragra
No change
53
$6,000 0.00%
Gabelli Equity Tr Inc
No change
847
$5,000 0.00%
Alibaba Group Hldg Ltd
No change
60
$5,000 0.00%
Procter Gamble
No change
30
$5,000 0.00%
Alps Etf Tr
No change
128
$5,000 0.00%
Philip Morris International Inc
No change
44
$4,000 0.00%
Dow Inc
No change
75
$4,000 0.00%
United Parcel Service, Inc.
No change
24
$4,000 0.00%
Wisdomtree Tr
No change
144
$4,000 0.00%
Evolus Inc
No change
500
$4,000 0.00%
Rio Tinto plc
No change
46
$3,000 0.00%
Avanos Med Inc
No change
92
$3,000 0.00%
Spdr Gold Tr
No change
19
$3,000 0.00%
Tecnoglass Inc
No change
100
$3,000 0.00%
America Movil Sab De Cv
No change
140
$3,000 0.00%
Goldman Sachs Group, Inc.
No change
6
$2,000 0.00%
Joby Aviation Inc
No change
500
$2,000 0.00%
Twitter Inc
Closed
45
$2,000
Brookfield Business Corp
No change
105
$2,000 0.00%
Blackstone Group Inc.
No change
21
$2,000 0.00%
Hertz Global Holdings Inc.
No change
323
$2,000 0.00%
Viatris Inc.
No change
61
$2,000 0.00%
Broadcom Inc.
No change
4
$2,000 0.00%
Uber Technologies Inc
No change
100
$2,000 0.00%
Expedia Group Inc
No change
18
$2,000 0.00%
Shake Shack Inc
No change
60
$2,000 0.00%
General Electric Company
No change
24
$2,000 0.00%
Blackrock Inc.
No change
2
$1,000 0.00%
Warner Bros.Discovery Inc
No change
66
$1,000 0.00%
Citigroup Inc
No change
24
$1,000 0.00%
Schlumberger Ltd
No change
31
$1,000 0.00%
Colgate-Palmolive Co.
No change
13
$1,000 0.00%
IQVIA Holdings Inc
No change
6
$1,000 0.00%
Carnival Corp.
No change
100
$1,000 0.00%
Gabelli Hlthcare Wellness
No change
42
$0 0.00%
Huntington Ingalls Inds
No change
2
$0 0.00%
Blackrock Long-term Muni Adv
No change
1
$0 0.00%
Liberty Tripadvisor Hldg
No change
130
$0 0.00%
Lumen Technologies, Inc.
No change
1
$0 0.00%
Liberty Latin America Ltd
No change
54
$0 0.00%
Molson Coors Brewing Co
No change
3
$0 0.00%
Pitney Bowes, Inc.
No change
70
$0 0.00%
Zimvie Inc
No change
30
$0 0.00%
No transactions found
Showing first 500 out of 168 holdings