RICHARDSON FINANCIAL SERVICES INC.

MEDWAY, MA · CIK 2012303 · 13F filing filed 2024-05-03

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

$141.9m reported value +24.3% vs Q4 2023

621positions

27.6%in top 10

269 new 196 added 126 reduced 25 sold out vs Q4 2023

This report includes the holdings of 7 other managers that share the investment decisions:

Clark Capital Management Group, Inc. – files its own report too
ENVESTNET ASSET MANAGEMENT INC – files its own report too
FRONTIER CAPITAL MANAGEMENT CO LLC – files its own report too
VANGUARD GROUP INC – files its own report too
Capital Group Companies, Inc. – reports through this filing
SSGA FUNDS MANAGEMENT INC – reports through this filing
Rochdale Investment Management LLC – no 13F of its own this quarter

Shares in two reports are counted once in each security's totals.

Holdings, Q1 2024

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	SPDR SERIES TRUST PORTFOLIO S&P500 SPYM	SPYM	121,659	$7.5m5.28%	5.28%	Reduced -7.4k	-7,374 -5.7%
2	VANGUARD INDEX FDS VALUE ETF VTV	VTV	37,433	$6.1m4.30%	4.30%	Added +8.4k	+8,355 28.7%
3	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	15,140	$5.2m3.68%	3.68%	Added +5.6k	+5,644 59.4%
4	APPLE INC COM AAPL	AAPL	26,928	$4.6m3.25%	3.25%	Added +991	+991 3.8%
5	SPDR INDEX SHS FDS PORTFOLIO DEVLPD SPDW	SPDW	85,403	$3.1m2.16%	2.16%	Reduced -4.9k	-4,857 -5.4%
6	SPDR INDEX SHS FDS PORTFOLIO EMG MK SPEM	SPEM	76,573	$2.8m1.95%	1.95%	Added +2.7k	+2,685 3.6%
7	ISHARES TR IBOXX HI YD ETF HYG	HYG	34,091	$2.6m1.87%	1.87%	Added +3.2k	+3,250 10.5%
8	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	5,436	$2.6m1.84%	1.84%	Added +3.5k	+3,491 179.5%
9	MICROSOFT CORP COM MSFT	MSFT	5,835	$2.5m1.73%	1.73%	Added +188	+188 3.3%
10	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	43,830	$2.2m1.55%	1.55%	Added +43.5k	+43,521 14084.5%
11	ISHARES INC CORE MSCI EMKT IEMG	IEMG	40,708	$2.1m1.48%	1.48%	Added +3.6k	+3,632 9.8%
12	NVIDIA CORPORATION COM NVDA	NVDA	2,217	$2.0m1.41%	1.41%	Added +339	+339 18.1%
13	VANGUARD INDEX FDS SML CP GRW ETF VBK	VBK	7,188	$1.9m1.32%	1.32%	Reduced -1.8k	-1,792 -20.0%
14	ISHARES TR CORE MSCI EURO IEUR	IEUR	28,691	$1.7m1.17%	1.17%	Added +6.5k	+6,466 29.1%
15	AMAZON COM INC COM AMZN	AMZN	9,140	$1.6m1.16%	1.16%	Added +869	+869 10.5%
16	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	2,989	$1.6m1.13%	1.13%	Added +939	+939 45.8%
17	ISHARES TR 0-5YR HI YL CP SHYG	SHYG	37,268	$1.6m1.12%	1.12%	Added +5.1k	+5,141 16.0%
18	SPDR SER TR PORTFOLIO S&P600 SPSM	SPSM	36,819	$1.6m1.12%	1.12%	Reduced -216	-216 -0.6%
19	ISHARES TR CORE MSCI PAC IPAC	IPAC	23,376	$1.5m1.04%	1.04%	Reduced -943	-943 -3.9%
20	VISA INC COM CL A V	V	5,020	$1.4m0.99%	0.99%	Added +416	+416 9.0%
21	ALPHABET INC CAP STK CL A GOOGL	GOOGL	8,995	$1.4m0.96%	0.96%	Added +850	+850 10.4%
22	MASTERCARD INCORPORATED CL A MA	MA	2,812	$1.4m0.95%	0.95%	Added +201	+201 7.7%
23	ISHARES TR TRS FLT RT BD TFLO	TFLO	26,450	$1.3m0.94%	0.94%	Added +7.0k	+7,047 36.3%
24	CINTAS CORP COM CTAS	CTAS	1,890	$1.3m0.92%	0.92%	Added +170	+170 9.9%
25	UNITEDHEALTH GROUP INC COM UNH	UNH	2,605	$1.3m0.91%	0.91%	Added +246	+246 10.4%
26	VANGUARD INDEX FDS SM CP VAL ETF VBR	VBR	6,504	$1.2m0.88%	0.88%	Added +1.5k	+1,493 29.8%
27	HOME DEPOT INC COM HD	HD	3,234	$1.2m0.87%	0.87%	Added +233	+233 7.8%
28	ISHARES TR CORE TOTAL USD IUSB	IUSB	24,908	$1.1m0.80%	0.80%	Added +2.7k	+2,676 12.0%
29	SPDR SER TR BLOOMBERG HIGH Y JNK	JNK	11,869	$1.1m0.80%	0.80%	Added +7.7k	+7,734 187.0%
30	VANGUARD MUN BD FDS TAX EXEMPT BD VTEB	VTEB	22,424	$1.1m0.79%	0.79%	New
31	JPMORGAN CHASE & CO COM JPM	JPM	5,436	$1.1m0.77%	0.77%	Added +522	+522 10.6%
32	T-MOBILE US INC COM TMUS	TMUS	6,554	$1.1m0.75%	0.75%	Added +129	+129 2.0%
33	COSTCO WHSL CORP NEW COM COST	COST	1,425	$1.0m0.74%	0.74%	Added +123	+123 9.4%
34	SPDR SERIES TRUST PORTFOLIO S&P400 SPMD	SPMD	19,138	$1.0m0.72%	0.72%	Reduced -1.9k	-1,860 -8.9%
35	SSGA ACTIVE ETF TR BLACKSTONE SENR SRLN	SRLN	23,729	$999.2k0.70%	0.70%	Added +3.0k	+2,973 14.3%
36	VANGUARD INDEX FDS SMALL CP ETF VB	VB	4,363	$997.3k0.70%	0.70%	Added +1.7k	+1,729 65.6%
37	ADOBE INC COM ADBE	ADBE	1,915	$966.3k0.68%	0.68%	Added +201	+201 11.7%
38	SELECT SECTOR SPDR TR INDL XLI	XLI	7,654	$964.1k0.68%	0.68%	New
39	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	1,646	$957.3k0.67%	0.67%	Added +112	+112 7.3%
40	SELECT SECTOR SPDR TR COMMUNICATION XLC	XLC	11,675	$953.4k0.67%	0.67%	Reduced -929	-929 -7.4%
41	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	4,564	$950.5k0.67%	0.67%	Reduced -122	-122 -2.6%
42	MCDONALDS CORP COM MCD	MCD	3,218	$907.3k0.64%	0.64%	Added +147	+147 4.8%
43	SYNOPSYS INC COM SNPS	SNPS	1,570	$897.3k0.63%	0.63%	Added +35	+35 2.3%
44	PIMCO ETF TR 0-5 HIGH YIELD HYS	HYS	9,596	$897.1k0.63%	0.63%	Reduced -1.5k	-1,543 -13.8%
45	DISNEY WALT CO COM DIS	DIS	7,319	$895.6k0.63%	0.63%	Added +1.2k	+1,220 20.0%
46	QUANTA SVCS INC COM PWR	PWR	3,364	$874.0k0.62%	0.62%	Added +475	+475 16.4%
47	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	898	$872.5k0.61%	0.61%	Added +83	+83 10.2%
48	SPDR SER TR BLOOMBERG 1-3 MO BIL	BIL	9,206	$834.8k0.59%	0.59%	Added +5.4k	+5,396 141.6%
49	ISHARES TR JPMORGAN USD EMG EMB	EMB	9,109	$816.8k0.58%	0.58%	Added +950	+950 11.6%
50	PEPSICO INC COM PEP	PEP	4,612	$807.1k0.57%	0.57%	Added +237	+237 5.4%
51	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	17,596	$735.9k0.52%	0.52%	New
52	SPDR INDEX SHS FDS S&P INTL SMLCP GWX	GWX	22,358	$726.2k0.51%	0.51%	Reduced -1.4k	-1,370 -5.8%
53	TRANE TECHNOLOGIES PLC SHS TT	TT	2,403	$721.4k0.51%	0.51%	Added +275	+275 12.9%
54	SPDR SER TR PORTFOLIO AGRGTE SPAB	SPAB	27,180	$680.0k0.48%	0.48%	Reduced -3.3k	-3,325 -10.9%
55	WALMART INC COM WMT	WMT	11,176	$672.5k0.47%	0.47%	Reduced -1.1k	-1,136 -9.2%
56	EOG RES INC COM EOG	EOG	5,247	$670.8k0.47%	0.47%	Added +824	+824 18.6%
57	SPDR GOLD TR GOLD SHS GLD	GLD	3,260	$670.6k0.47%	0.47%	Added +17	+17 0.5%
58	VANGUARD CHARLOTTE FDS TOTAL INT BD ETF BNDX	BNDX	13,598	$668.9k0.47%	0.47%	Added +9.2k	+9,196 208.9%
59	ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR BUD	BUD	10,716	$651.3k0.46%	0.46%	Added +853	+853 8.7%
60	SSGA ACTIVE ETF TR SPDR TR TACTIC TOTL	TOTL	16,257	$651.1k0.46%	0.46%	Reduced -2.0k	-2,013 -11.0%
61	SPDR SER TR PORTFOLIO LN TSR SPTL	SPTL	23,166	$647.3k0.46%	0.46%	Reduced -168	-168 -0.7%
62	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	8,895	$646.0k0.46%	0.46%	Added +6.1k	+6,061 213.9%
63	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	7,305	$631.8k0.45%	0.45%	Reduced -359	-359 -4.7%
64	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	2,448	$630.0k0.44%	0.44%	New
65	NXP SEMICONDUCTORS N V COM NXPI	NXPI	2,516	$623.4k0.44%	0.44%	Added +128	+128 5.4%
66	ISHARES TR CORE S&P MCP ETF IJH	IJH	10,077	$612.1k0.43%	0.43%	Added +107	+107 1.1%
67	NEXTERA ENERGY INC COM NEE	NEE	9,506	$607.5k0.43%	0.43%	Added +1.0k	+1,030 12.2%
68	ISHARES TR MSCI USA MIN VOL USMV	USMV	7,074	$591.3k0.42%	0.42%	Reduced -1.5k	-1,469 -17.2%
69	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	1,405	$590.8k0.42%	0.42%	Reduced -340	-340 -19.5%
70	SPDR SER TR PORTFLI INTRMDIT SPTI	SPTI	20,906	$589.1k0.42%	0.42%	Reduced -389	-389 -1.8%
71	PARKER-HANNIFIN CORP COM PH	PH	1,050	$583.6k0.41%	0.41%	Added +203	+203 24.0%
72	AMERICAN WTR WKS CO INC NEW COM AWK	AWK	4,606	$562.9k0.40%	0.40%	Added +711	+711 18.2%
73	LINDE PLC SHS LIN	LIN	1,209	$561.8k0.40%	0.40%	Added +280	+280 30.1%
74	AMGEN INC COM AMGN	AMGN	1,968	$559.5k0.39%	0.39%	Added +480	+480 32.3%
75	SALESFORCE INC COM CRM	CRM	1,780	$536.1k0.38%	0.38%	Added +283	+283 18.9%
76	VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF VSS	VSS	4,526	$528.8k0.37%	0.37%	Reduced -2.2k	-2,194 -32.6%
77	CME GROUP INC COM CME	CME	2,457	$528.8k0.37%	0.37%	Added +269	+269 12.3%
78	AMERICAN TOWER CORP NEW COM AMT	AMT	2,652	$524.0k0.37%	0.37%	Added +1.0k	+1,047 65.2%
79	VANGUARD INDEX FDS MCAP VL IDXVIP VOE	VOE	3,279	$511.2k0.36%	0.36%	Added +122	+122 3.9%
80	NORTHROP GRUMMAN CORP COM NOC	NOC	1,027	$491.6k0.35%	0.35%	Added +87	+87 9.3%
81	ZOETIS INC CL A ZTS	ZTS	2,826	$479.5k0.34%	0.34%	Added +261	+261 10.2%
82	ISHARES TR CORE MSCI EAFE IEFA	IEFA	6,441	$478.1k0.34%	0.34%	Added +19	+19 0.3%
83	J P MORGAN EXCHANGE TRADED F BETABUILDERS CDA BBCA	BBCA	7,116	$475.4k0.34%	0.34%	Reduced -596	-596 -7.7%
84	VANECK ETF TRUST HIGH YLD MUNIETF HYD	HYD	9,033	$472.1k0.33%	0.33%	Added +1.5k	+1,454 19.2%
85	TJX COS INC NEW COM TJX	TJX	4,630	$469.6k0.33%	0.33%	Reduced -150	-150 -3.1%
86	VANGUARD WORLD FD MEGA GRWTH IND MGK	MGK	1,584	$454.0k0.32%	0.32%	Added +58	+58 3.8%
87	HCA HEALTHCARE INC COM HCA	HCA	1,361	$453.9k0.32%	0.32%	Added +266	+266 24.3%
88	ROPER TECHNOLOGIES INC COM ROP	ROP	795	$445.9k0.31%	0.31%	Reduced -310	-310 -28.1%
89	SPDR SER TR NUVEEN BLMBRG MU TFI	TFI	9,588	$445.7k0.31%	0.31%	Reduced -1.1k	-1,120 -10.5%
90	S&P GLOBAL INC COM SPGI	SPGI	1,044	$444.2k0.31%	0.31%	Added +88	+88 9.2%
91	EXXON MOBIL CORP COM XOM	XOM	3,785	$440.0k0.31%	0.31%	Added +360	+360 10.5%
92	PALO ALTO NETWORKS INC COM PANW	PANW	1,503	$427.6k0.30%	0.30%	Added +243	+243 19.3%
93	TESLA INC COM TSLA	TSLA	2,294	$403.3k0.28%	0.28%	Added +715	+715 45.3%
94	SPDR SER TR BLOOMBERG EMERGI EBND	EBND	19,114	$391.8k0.28%	0.28%	Added +1.3k	+1,312 7.4%
95	SSGA ACTIVE ETF TR ULT SHT TRM BD ULST	ULST	9,671	$391.7k0.28%	0.28%	New
96	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	937	$391.7k0.28%	0.28%	Added +340	+340 57.0%
97	VANGUARD STAR FDS VG TL INTL STK F VXUS	VXUS	6,531	$390.8k0.28%	0.28%	New
98	QORVO INC COM QRVO	QRVO	3,315	$380.7k0.27%	0.27%	Reduced -800	-800 -19.4%
99	VANGUARD WELLESLEY INCOME ADMIRAL EQUITY FUNDS VWIAX	VWIAX	6,097	$372.3k0.26%	0.26%	New
100	VANGUARD WORLD FD MEGA CAP VAL ETF MGV	MGV	2,972	$355.2k0.25%	0.25%	Added +306	+306 11.5%

Sold out since Q4 2023

Security	Ticker	Shares held before	Value then
SELECT SECTOR SPDR TR XLE	XLE	10,709	$897.8k10.7k shares
GILEAD SCIENCES INC GILD	GILD	3,965	$321.2k4.0k shares
SPDR SERIES TRUST SPYV	SPYV	1,635	$76.2k1.6k shares
INVESCO EXCH TRADED FD TR II QQQM	QQQM	240	$40.5k240 shares
SPDR SER TR MDYV	MDYV	479	$35.1k479 shares
J P MORGAN EXCHANGE TRADED F BBSC	BBSC	497	$30.6k497 shares
ING GROEP N.V. ING	ING	1,880	$28.2k1.9k shares
HSBC HLDGS PLC HSBC	HSBC	675	$27.4k675 shares
CATERPILLAR INC CAT	CAT	92	$27.2k92 shares
NOVARTIS AG NVS	NVS	257	$25.9k257 shares
FERGUSON PLC NEW FERG1GBX	FERG1GBX	129	$24.9k129 shares
BUNGE GLOBAL SA BG	BG	207	$20.9k207 shares
ALIBABA GROUP HLDG LTD BABA	BABA	185	$14.3k185 shares
INTEGER HLDGS CORP ITGR	ITGR	129	$12.8k129 shares
UFP INDUSTRIES INC UFPI	UFPI	87	$10.9k87 shares
NORTHERN OIL & GAS INC NOG	NOG	264	$9.8k264 shares
MERITAGE HOMES CORP MTH	MTH	51	$8.9k51 shares
CATALYST PHARMACEUTICALS INC CPRX	CPRX	493	$8.3k493 shares
FIRST TR EXCHANGE-TRADED FD LMBS	LMBS	161	$7.8k161 shares
ARROW ELECTRS INC ARW	ARW	58	$7.1k58 shares
VIRTU FINL INC VIRT	VIRT	343	$6.9k343 shares
ZIFF DAVIS INC ZD	ZD	103	$6.9k103 shares
ACADEMY SPORTS & OUTDOORS IN ASO	ASO	88	$5.8k88 shares
NORTHWEST NAT HLDG CO NWN	NWN	122	$4.8k122 shares
ISHARES TR TLT	TLT	4	$3964 shares