Rda Network 13F annual report
Rda Network is an investment fund managing more than $295 billion ran by Michael Brannen. There are currently 151 companies in Mr. Brannen’s portfolio. The largest investments include Microsoft and NVIDIA Corp, together worth $21.8 billion.
$295 billion Assets Under Management (AUM)
As of 3rd July 2024, Rda Network’s top holding is 24,777 shares of Microsoft currently worth over $11.1 billion and making up 3.8% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Rda Network owns more than approximately 0.1% of the company.
In addition, the fund holds 87,100 shares of NVIDIA Corp worth $10.8 billion, whose value fell 75.8% in the past six months.
The third-largest holding is Apple Inc worth $8.59 billion and the next is Alphabet Inc worth $9.76 billion, with 53,512 shares owned.
Currently, Rda Network's portfolio is worth at least $295 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 Rda Network
The Rda Network office and employees reside in Akron, Iowa. According to the last 13-F report filed with the SEC, Michael Brannen serves as the CCO at Rda Network.
Recent trades
In the most recent 13F filing, Rda Network revealed that it had opened a new position in
Analog Devices and bought 5,413 shares worth $1.24 billion.
This means they effectively own approximately 0.1% of the company.
Analog Devices makes up
2.2%
of the fund's Technology sector allocation and has grown its share price by 21.4% in the past year.
The investment fund also strengthened its position in Microsoft by buying
2,042 additional shares.
This makes their stake in Microsoft total 24,777 shares worth $11.1 billion.
Microsoft soared 38.5% in the past year.
On the other hand, there are companies that Rda Network is getting rid of from its portfolio.
Rda Network closed its position in Dbx Etf Tr on 10th July 2024.
It sold the previously owned 50,447 shares for $1.21 billion.
Michael Brannen also disclosed a decreased stake in Broadcom by approximately 0.1%.
This leaves the value of the investment at $8.04 billion and 5,005 shares.
One of the smaller hedge funds
The two most similar investment funds to Rda Network are Carr Corp and Mass Ave Global. They manage $295 billion and $295 billion respectively.
Michael Brannen investment strategy
Rda Network’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 19.4% of
the total portfolio value.
The fund focuses on investments in the United States as
47.0% 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
47% of the total holdings value.
On the other hand, small-cap stocks make up only 2.0% of the portfolio.
The average market cap of the portfolio companies is close to $195 billion.
The complete list of Rda Network trades based on 13F SEC filings
These positions were updated on July 10th 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 |
|---|---|---|---|
| Microsoft Corporation |
8.98%
24,777
|
$11,074,290,000 | 3.76% |
| NVIDIA Corp |
696.52%
87,100
|
$10,760,332,000 | 3.65% |
| Apple Inc |
2.83%
40,786
|
$8,590,315,000 | 2.91% |
| Alphabet Inc |
1.24%
53,512
|
$9,756,088,000 | 3.31% |
| Broadcom Inc. |
4.34%
5,005
|
$8,036,419,000 | 2.73% |
| Amazon.com Inc. |
4.43%
36,734
|
$7,098,894,000 | 2.41% |
| Vanguard Whitehall Fds |
0.09%
65,757
|
$7,499,883,000 | 2.54% |
| JPMorgan Chase & Co. |
0.04%
30,690
|
$6,207,309,000 | 2.11% |
| Meta Platforms Inc |
11.88%
10,507
|
$5,297,657,000 | 1.80% |
| VanEck ETF Trust |
9.08%
60,234
|
$5,441,268,000 | 1.85% |
| Adobe Inc |
10.38%
8,691
|
$4,828,198,000 | 1.64% |
| Visa Inc |
11.70%
17,877
|
$4,692,186,000 | 1.59% |
| Unitedhealth Group Inc |
4.27%
8,866
|
$4,515,320,000 | 1.53% |
| Eli Lilly & Co |
0.39%
4,366
|
$3,953,279,000 | 1.34% |
| J P Morgan Exchange Traded F |
6.74%
70,574
|
$4,008,888,000 | 1.36% |
| Ishares Tr |
5.89%
492,875
|
$39,510,042,000 | 13.40% |
| Intuitive Surgical Inc |
2.29%
8,167
|
$3,633,090,000 | 1.23% |
| Elevance Health Inc |
0.11%
6,473
|
$3,507,460,000 | 1.19% |
| Spdr Ser Tr |
13.85%
339,121
|
$17,812,380,000 | 6.04% |
| Vertex Pharmaceuticals, Inc. |
201.01%
6,869
|
$3,219,638,000 | 1.09% |
| Edwards Lifesciences Corp |
25.98%
30,830
|
$2,847,767,000 | 0.97% |
| Costco Whsl Corp New |
6.16%
3,326
|
$2,827,392,000 | 0.96% |
| Janus Detroit Str Tr |
24.36%
48,676
|
$2,476,647,000 | 0.84% |
| Global X Fds |
2.31%
139,078
|
$2,457,510,000 | 0.83% |
| Oracle Corp. |
10.01%
17,062
|
$2,409,182,000 | 0.82% |
| Thermo Fisher Scientific Inc. |
27.98%
4,089
|
$2,261,457,000 | 0.77% |
| Fidelity Merrimack Str Tr |
2.67%
49,224
|
$2,211,643,000 | 0.75% |
| Select Sector Spdr Tr |
0.36%
73,030
|
$4,575,414,000 | 1.55% |
| Amplify Etf Tr |
20.50%
116,845
|
$3,762,578,000 | 1.28% |
| First Tr Exchng Traded Fd Vi |
1.98%
94,144
|
$3,362,359,000 | 1.14% |
| Vanguard Index Fds |
4.54%
28,584
|
$6,288,520,000 | 2.13% |
| Berkshire Hathaway Inc. |
2.14%
4,636
|
$1,885,925,000 | 0.64% |
| American Centy Etf Tr |
10.36%
20,938
|
$1,878,521,000 | 0.64% |
| Vanguard World Fd |
12.66%
8,679
|
$2,559,110,000 | 0.87% |
| Bank America Corp |
0.86%
43,189
|
$1,717,618,000 | 0.58% |
| Lockheed Martin Corp. |
38.51%
3,654
|
$1,706,627,000 | 0.58% |
| Welltower Inc. |
0.65%
16,161
|
$1,684,825,000 | 0.57% |
| Ares Capital Corp |
0.61%
79,976
|
$1,666,702,000 | 0.57% |
| Kinder Morgan Inc |
0.08%
81,578
|
$1,620,962,000 | 0.55% |
| Walmart Inc |
0.09%
23,703
|
$1,604,932,000 | 0.54% |
| Blackrock Corpor Hi Yld Fd I |
7.09%
164,334
|
$1,592,396,000 | 0.54% |
| The Southern Co. |
27.06%
20,493
|
$1,589,606,000 | 0.54% |
| Invesco Exchange Traded Fd T |
1.53%
26,752
|
$2,470,514,000 | 0.84% |
| Blackstone Inc |
0.25%
11,083
|
$1,372,075,000 | 0.47% |
| Home Depot, Inc. |
18.12%
3,899
|
$1,342,358,000 | 0.46% |
| Schwab Strategic Tr |
54.46%
53,930
|
$3,510,359,000 | 1.19% |
| Invesco Exch Traded Fd Tr Ii |
23.03%
75,086
|
$2,889,103,000 | 0.98% |
| Mastercard Incorporated |
3.79%
2,847
|
$1,256,147,000 | 0.43% |
| Qualcomm, Inc. |
4.74%
6,232
|
$1,241,242,000 | 0.42% |
| Alibaba Group Hldg Ltd |
0.55%
17,222
|
$1,239,984,000 | 0.42% |
| Analog Devices Inc. |
Opened
5,413
|
$1,235,612,000 | 0.42% |
| Dbx Etf Tr |
Closed
50,447
|
$1,206,931,000 | |
| Spdr Index Shs Fds |
Opened
33,477
|
$1,181,724,000 | 0.40% |
| Waste Mgmt Inc Del |
0.75%
5,535
|
$1,180,799,000 | 0.40% |
| Vanguard Specialized Funds |
1.67%
6,157
|
$1,123,960,000 | 0.38% |
| Micron Technology Inc. |
3.54%
8,326
|
$1,095,119,000 | 0.37% |
| Spdr Gold Tr |
2.58%
4,976
|
$1,069,890,000 | 0.36% |
| Fiserv, Inc. |
0.06%
7,070
|
$1,053,713,000 | 0.36% |
| Copart, Inc. |
14.66%
19,180
|
$1,038,789,000 | 0.35% |
| Verizon Communications Inc |
1.87%
25,126
|
$1,036,211,000 | 0.35% |
| Blackrock Etf Trust Ii |
49.22%
19,836
|
$1,035,439,000 | 0.35% |
| Realty Income Corp. |
0.72%
19,274
|
$1,018,036,000 | 0.35% |
| Roper Technologies Inc |
18.41%
1,724
|
$971,779,000 | 0.33% |
| Exxon Mobil Corp. |
27.96%
8,292
|
$954,612,000 | 0.32% |
| Intel Corp. |
22.86%
29,645
|
$918,118,000 | 0.31% |
| Ssga Active Etf Tr |
3.14%
21,859
|
$913,721,000 | 0.31% |
| Vanguard Tax-managed Fds |
1.93%
18,373
|
$907,994,000 | 0.31% |
| Monster Beverage Corp. |
22.96%
17,613
|
$879,769,000 | 0.30% |
| Caterpillar Inc. |
5.81%
2,626
|
$874,847,000 | 0.30% |
| Johnson & Johnson |
5.20%
5,946
|
$869,119,000 | 0.29% |
| Blackrock Etf Trust |
253.23%
17,831
|
$836,987,000 | 0.28% |
| Vanguard Mun Bd Fds |
12.62%
15,982
|
$800,858,000 | 0.27% |
| Ball Corp. |
Opened
13,168
|
$790,352,000 | 0.27% |
| Zoetis Inc |
Closed
4,458
|
$754,269,000 | |
| Deere & Co. |
2.13%
1,933
|
$722,315,000 | 0.25% |
| Ishares Tr |
Opened
23,506
|
$1,752,016,000 | 0.59% |
| Idexx Labs Inc |
26.14%
1,414
|
$688,901,000 | 0.23% |
| First Tr Lrge Cp Core Alpha |
32.09%
6,892
|
$668,415,000 | 0.23% |
| Linde Plc. |
0.13%
1,517
|
$665,594,000 | 0.23% |
| Taiwan Semiconductor Mfg Ltd |
3.35%
3,825
|
$664,823,000 | 0.23% |
| Vanguard Intl Equity Index F |
5.58%
19,578
|
$922,161,000 | 0.31% |
| Chevron Corp. |
2.00%
4,192
|
$655,678,000 | 0.22% |
| Align Technology, Inc. |
66.37%
2,568
|
$619,992,000 | 0.21% |
| Enterprise Prods Partners L |
1.33%
20,957
|
$607,327,000 | 0.21% |
| Epr Pptys |
0.56%
14,225
|
$597,151,000 | 0.20% |
| Dnp Select Income Fd Inc |
32.04%
71,913
|
$591,125,000 | 0.20% |
| Oneok Inc. |
1.63%
7,131
|
$581,533,000 | 0.20% |
| First Tr Inter Duratn Pfd & |
1.09%
31,369
|
$576,253,000 | 0.20% |
| First Tr Exchange-traded Fd |
0.30%
7,932
|
$917,510,000 | 0.31% |
| United Parcel Service, Inc. |
1.80%
3,937
|
$538,746,000 | 0.18% |
| Snap-on, Inc. |
2.26%
1,990
|
$520,242,000 | 0.18% |
| Honeywell International Inc |
19.92%
2,402
|
$512,828,000 | 0.17% |
| Wisdomtree Tr |
45.59%
29,854
|
$834,591,000 | 0.28% |
| Us Bancorp Del |
13.80%
12,318
|
$489,040,000 | 0.17% |
| Constellation Brands Inc |
2.24%
1,880
|
$483,719,000 | 0.16% |
| Boeing Co. |
10.39%
2,636
|
$479,778,000 | 0.16% |
| AT&T, Inc. |
0.08%
24,803
|
$473,992,000 | 0.16% |
| Golub Cap Bdc Inc |
No change
29,799
|
$468,142,000 | 0.16% |
| KKR & Co. Inc |
2.01%
4,440
|
$467,242,000 | 0.16% |
| Main Str Cap Corp |
4.94%
8,727
|
$440,634,000 | 0.15% |
| Dow Inc |
37.97%
8,283
|
$439,437,000 | 0.15% |
| Comcast Corp New |
9.11%
11,070
|
$433,517,000 | 0.15% |
| Alliant Energy Corp. |
5.05%
7,807
|
$397,358,000 | 0.13% |
| General Mtrs Co |
No change
8,340
|
$387,476,000 | 0.13% |
| Paychex Inc. |
77.81%
3,254
|
$385,785,000 | 0.13% |
| Insteel Inds Inc |
Closed
10,074
|
$385,027,000 | |
| Accenture Plc Ireland |
Closed
1,108
|
$384,044,000 | |
| Marsh & McLennan Cos., Inc. |
2.16%
1,800
|
$379,305,000 | 0.13% |
| Cisco Sys Inc |
0.79%
7,943
|
$377,372,000 | 0.13% |
| Goldman Sachs Etf Tr |
No change
3,485
|
$372,721,000 | 0.13% |
| Ingersoll-Rand Inc |
12.60%
4,043
|
$367,297,000 | 0.12% |
| Aon plc. |
No change
1,251
|
$367,269,000 | 0.12% |
| Artisan Partners Asset Mgmt |
2.79%
8,843
|
$364,940,000 | 0.12% |
| Xcel Energy Inc. |
25.07%
6,750
|
$360,518,000 | 0.12% |
| Kroger Co. |
7.32%
7,211
|
$360,064,000 | 0.12% |
| Vaneck Merk Gold Tr |
Opened
15,854
|
$356,081,000 | 0.12% |
| CDW Corp |
2.99%
1,587
|
$355,331,000 | 0.12% |
| Pfizer Inc. |
3.16%
12,529
|
$350,555,000 | 0.12% |
| Procter And Gamble Co |
12.50%
2,115
|
$348,792,000 | 0.12% |
| Starbucks Corp. |
19.04%
4,328
|
$336,939,000 | 0.11% |
| Revvity Inc. |
4.50%
3,204
|
$335,996,000 | 0.11% |
| Grainger W W Inc |
1.67%
366
|
$330,670,000 | 0.11% |
| Progressive Corp. |
2.65%
1,544
|
$320,704,000 | 0.11% |
| Caseys Gen Stores Inc |
0.83%
839
|
$320,129,000 | 0.11% |
| First Tr Value Line Divid In |
1.30%
7,763
|
$316,342,000 | 0.11% |
| Spdr S&p 500 Etf Tr |
0.69%
578
|
$314,463,000 | 0.11% |
| Lyondellbasell Industries N |
3.87%
3,274
|
$313,160,000 | 0.11% |
| Fortive Corp |
3.40%
4,191
|
$310,589,000 | 0.11% |
| Fastenal Co. |
Closed
3,942
|
$304,086,000 | |
| Shell Plc |
4.52%
4,211
|
$303,956,000 | 0.10% |
| Ishares Inc |
Opened
9,822
|
$549,336,000 | 0.19% |
| Schwab Strategic Tr |
Closed
8,856
|
$298,713,000 | |
| First Tr Morningstar Divid L |
0.73%
7,701
|
$292,111,000 | 0.10% |
| Pennymac Mtg Invt Tr |
3.20%
21,157
|
$290,909,000 | 0.10% |
| Pepsico Inc |
0.23%
1,748
|
$288,263,000 | 0.10% |
| Conocophillips |
1.57%
2,392
|
$273,598,000 | 0.09% |
| Alps Etf Tr |
4.61%
5,677
|
$272,382,000 | 0.09% |
| Wells Fargo Co New |
7.55%
228
|
$271,085,000 | 0.09% |
| Abbvie Inc |
1.07%
1,575
|
$270,144,000 | 0.09% |
| Uber Technologies Inc |
No change
3,707
|
$269,425,000 | 0.09% |
| GE Aerospace |
0.06%
1,668
|
$265,108,000 | 0.09% |
| Proshares Tr |
0.59%
4,211
|
$261,208,000 | 0.09% |
| AMGEN Inc. |
2.80%
832
|
$259,915,000 | 0.09% |
| Delta Air Lines, Inc. |
Closed
5,406
|
$258,782,000 | |
| Disney Walt Co |
5.64%
2,441
|
$242,385,000 | 0.08% |
| NextEra Energy Inc |
1.82%
3,392
|
$240,159,000 | 0.08% |
| Marriott Intl Inc New |
0.20%
989
|
$239,192,000 | 0.08% |
| DraftKings Inc. |
Closed
5,104
|
$231,773,000 | |
| Firstenergy Corp. |
Opened
5,829
|
$223,076,000 | 0.08% |
| Citigroup Inc |
7.25%
3,507
|
$222,554,000 | 0.08% |
| Fidelity National Financial Inc |
Closed
4,113
|
$218,400,000 | |
| Ulta Beauty Inc |
No change
560
|
$216,087,000 | 0.07% |
| Tcw Strategic Income Fd Inc |
4.71%
45,352
|
$214,967,000 | 0.07% |
| J P Morgan Exchange Traded F |
Opened
8,328
|
$417,650,000 | 0.14% |
| Sempra |
Opened
2,729
|
$207,568,000 | 0.07% |
| Broadridge Finl Solutions In |
0.19%
1,040
|
$204,880,000 | 0.07% |
| Gabelli Equity Tr Inc |
220.98%
39,368
|
$204,714,000 | 0.07% |
| Vanguard Scottsdale Fds |
47.09%
2,618
|
$202,327,000 | 0.07% |
| Healthcare Rlty Tr |
3.69%
11,737
|
$193,426,000 | 0.07% |
| Gladstone Capital Corp. |
Closed
11,400
|
$122,322,000 | |
| New York Cmnty Bancorp Inc |
12.56%
26,888
|
$86,579,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 161 holdings | |||
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