Richmond Brothers, Inc.

CIK 0001540462 · Q2 2026

13F Equity AUM

$192.3M

+28.1% QoQ

Positions

+60 QoQ

AUM Rank

#6,375

Top 73%

Skill Alpha (FF)

+11.8%/yr^ns

No Clear Edge

Rank #301 · Top 4%

vs S&P -3.7%/yr (unadj.)

Quarters Tracked

~4 years

Portfolio Concentration

Top 5: 27.8%Top 10: 36.5%Top 20: 51.9%

NDQ14.8%

AAPL4.7%

NVDA3.3%

MSFT3.1%

VGT2.0%

VIS1.8%

SIXD1.8%

BRK/B1.7%

AMZN1.7%

VDE1.7%

Others (86)63.5%

HHI (Herfindahl-Hirschman Index) measures portfolio concentration. Low (<1500) = diversified, Moderate (1500-2500), High (>2500) = concentrated bets.

Sector Allocation

Financial Services63.1%

Technology19.0%

Healthcare4.5%

Consumer Cyclical3.6%

Communication Services3.2%

Other6.6%

Portfolio weight by GICS sector based on latest 13F filing. Sectors below 2% are grouped as “Other.”

Position Sizing

Positions: 96Median: 0.65%Avg: 1.04%

0–0.5%

33(9.7%)

0.5–1%

26(17.7%)

1–3%

33(46.8%)

3–5%

3(11.1%)

5%+

1(14.8%)

Count of positions per weight bucket — (%) = combined portfolio weight

Loading summary cards...

Portfolio Overlap

Shared: 0Unique: 96vs 20 funds

0%Low

Fund positions

Consensus CUSIPs

Jaccard similarity of this fund’s portfolio vs the consensus of top 20 funds by AUM. Low (<15%) = contrarian, Moderate (15-40%), High (>40%) = follows the crowd.

Loading overlap analysis...

Position Changes This Quarter

New61Increased9Decreased22Exited1

New Positions

NVDA3.3%

+31K

SIXD1.8%

+112K

MAYT1.6%

+79K

MDYG1.4%

+25K

ONEZ1.4%

+98K

FDIS1.4%

+26K

FHLC1.4%

+34K

FIDU1.3%

+25K

FUTY1.3%

+42K

DECT1.2%

+60K

Increased

AXD20.4%

+356K(+25%)

CNTB0.7%

+59K(+12%)

VGT2.0%

+23K(+258%)

AAPL4.7%

+20K(+169%)

MSFT3.1%

+14K(+600%)

AMZN1.7%

+13K(+1212%)

GOOGL1.4%

+6K(+451%)

IVV0.5%

+782(+141%)

BRK/B1.7%

+720(+12%)

Decreased

VNQ1.4%

-40,792(-59%)

NDQ14.8%

-36,880(-49%)

BLV1.2%

-30,346(-48%)

VFH1.5%

-29,491(-58%)

VDE1.7%

-27,520(-56%)

BIV1.2%

-26,708(-47%)

VOX1.6%

-20,311(-55%)

VPU1.6%

-20,200(-56%)

VTIP0.6%

-18,545(-46%)

VAW1.6%

-17,409(-56%)

Exited

BIL

-2,731

Quarter-over-quarter changes compared to prior 13F filing. New = first appearance; Exited = no longer held.

Loading position changes...

Holdings

Loading holdings...