Redwood Investment Management, LLC

Long Only Manager

Redwood Investment Management, LLC is a Long Only Manager based in Fort Bragg, CA led by Richard Musser Duff, reporting $2.5B in AUM as of Q3 2025 with 61% ETF concentration.

Managing PartnerRichard Musser Duff

Portfolio Value: $910.5M
Positions: 268
Top Holding: VOO at 11.7%
Last Reported: Q3 2025

Address319 N Main Street, Fort Bragg, CA, 95437, United States

Top Holdings

Largest long holdings in Redwood Investment Management, LLC's portfolio (47.7% of total portfolio)

See all holdings

GthenH

Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Vanguard S&P 500 ETF VOO	ETF ETF	$106.5M	11.70%	+$33.7M Bought	— 173.9K shares	Q4 2020 Held for 4y 11m
2 Invesco S&P 500 Momentum SPMO	ETF ETF	$75.4M	8.28%	+$41.3M Bought	— 622.5K shares	Q3 2024 Held for 1y 2m
3 LeaderShares AlphaFactor US Core Equity LSAF	ETF ETF	$55.8M	6.13%	-$15.7M Sold	— 1.2M shares	Q4 2018 Held for 6y 11m
4 iShares MSCI EAFE EFA	ETF ETF	$48.6M	5.34%	+$5.1M Bought	— 520.9K shares	Q2 2025 Held for 5 months
5 SPDR Portfolio S&P 500 Growth ETF SPYG	ETF ETF	$34.9M	3.83%	+$3.0M Bought	— 333.9K shares	Q2 2023 Held for 2y 5m
6 LeaderShares AlphaFactor Tactical Focused LSAT	ETF ETF	$34.6M	3.79%	-$6.4M Sold	— 835.1K shares	Q4 2020 Held for 4y 11m
7 Invesco QQQ Trust QQQ	ETF ETF	$30.4M	3.34%	-$1.7M Sold	— 50.7K shares	Q1 2024 Held for 1y 8m
8 Schwab International Small-Cap Equity ETF SCHC	ETF ETF	$18.4M	2.02%	-$5.4M Sold	— 403.6K shares	Q4 2022 Held for 2y 11m
9 Vanguard FTSE All-World EX-US Small-Cap Index Fund VSS	ETF ETF	$18.2M	1.99%	-$5.3M Sold	— 127.4K shares	Q4 2022 Held for 2y 11m
10 DYLD LeaderShares Dynamic Yield DYLD	ETF ETF	$11.5M	1.27%	-$529.0K Sold	— 507.7K shares	Q2 2021 Held for 4y 5m

See all holdings

GthenH

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in Redwood Investment Management, LLC's latest filing

See all changes

GthenC

Market Value

$910.5M

Prior: $953.1M

Q/Q Change

-4.47%

-$42.6M

Net Flows % of MV

-15.13%

Turnover Ratio

22.2%

New Purchases

16 stocks

$18.6M

Added To

66 stocks

+$117.2M

Sold Out Of

53 stocks

$101.4M

Reduced Holdings

153 stocks

-$172.2M

Increased Positions

Position	Shares Δ	Change
1 Vanguard Growth VUG	New	0 → 5.5K +$2.6M
2 Shift4 Payments FOUR	New	0 → 15.9K +$1.2M
3 Martin Marietta Materials MLM	New	0 → 1.9K +$1.2M
4 Lyft, Inc. LYFT	New	0 → 54.7K +$1.2M
5 GXO Logistics GXO	New	0 → 22.8K +$1.2M

Decreased Positions

Position	Shares Δ	Change
1 W.W. Grainger GWW	Sold	24.3K → 0 −$25.3M
2 iShares S&P Small-Cap 600 Value IJS	Sold	102.7K → 0 −$10.2M
3 iShares S&P Small-Cap 600 Growth ETF IJT	Sold	30.3K → 0 −$4.0M
4 Hewlett Packard Enterprise HPE	Sold	101.6K → 0 −$2.1M
5 Albemarle ALB	Sold	31.4K → 0 −$2.0M