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.

Limited to 30 biggest holdings

$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