RICHARDSON FINANCIAL SERVICES INC.

MEDWAY, MA · CIK 2012303 · 13F filing filed 2024-08-12

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.

$138.9m reported value -2.1% vs Q1 2024

588positions

29.8%in top 10

36 new 134 added 253 reduced 69 sold out vs Q1 2024

This report includes the holdings of 3 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
Rochdale Investment Management LLC – no 13F of its own this quarter

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

Holdings, Q2 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	101,288	$6.5m4.67%	4.67%	Reduced -20.4k	-20,371 -16.7%
2	VANGUARD INDEX FDS VALUE ETF VTV	VTV	37,475	$6.0m4.33%	4.33%	Added +42	+42 0.1%
3	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	15,200	$5.7m4.09%	4.09%	Added +60	+60 0.4%
4	APPLE INC COM AAPL	AAPL	26,185	$5.5m3.97%	3.97%	Reduced -743	-743 -2.8%
5	SPDR INDEX SHS FDS PORTFOLIO DEVLPD SPDW	SPDW	124,369	$4.4m3.14%	3.14%	Added +39.0k	+38,966 45.6%
6	SPDR INDEX SHS FDS PORTFOLIO EMG MK SPEM	SPEM	79,223	$3.0m2.15%	2.15%	Added +2.6k	+2,650 3.5%
7	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	5,550	$2.8m2.00%	2.00%	Added +114	+114 2.1%
8	NVIDIA CORPORATION COM NVDA	NVDA	21,299	$2.6m1.89%	1.89%	Reduced -871	-871 -3.9%
9	MICROSOFT CORP COM MSFT	MSFT	5,673	$2.5m1.83%	1.83%	Reduced -162	-162 -2.8%
10	ISHARES TR IBOXX HI YD ETF HYG	HYG	30,450	$2.3m1.69%	1.69%	Reduced -3.6k	-3,641 -10.7%
11	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	44,664	$2.2m1.59%	1.59%	Added +834	+834 1.9%
12	ISHARES INC CORE MSCI EMKT IEMG	IEMG	41,059	$2.2m1.58%	1.58%	Added +351	+351 0.9%
13	VANGUARD INDEX FDS SML CP GRW ETF VBK	VBK	7,295	$1.8m1.31%	1.31%	Added +107	+107 1.5%
14	ISHARES TR CORE MSCI EURO IEUR	IEUR	29,342	$1.7m1.20%	1.20%	Added +651	+651 2.3%
15	AMAZON COM INC COM AMZN	AMZN	8,488	$1.6m1.18%	1.18%	Reduced -652	-652 -7.1%
16	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	2,959	$1.6m1.16%	1.16%	Reduced -30	-30 -1.0%
17	ALPHABET INC CAP STK CL A GOOGL	GOOGL	8,582	$1.6m1.13%	1.13%	Reduced -413	-413 -4.6%
18	ISHARES TR 0-5YR HI YL CP SHYG	SHYG	35,612	$1.5m1.08%	1.08%	Reduced -1.7k	-1,656 -4.4%
19	ISHARES TR CORE MSCI PAC IPAC	IPAC	23,275	$1.4m1.03%	1.03%	Reduced -101	-101 -0.4%
20	SPDR SER TR PORTFOLIO S&P600 SPSM	SPSM	32,209	$1.3m0.96%	0.96%	Reduced -4.6k	-4,610 -12.5%
21	ISHARES TR TRS FLT RT BD TFLO	TFLO	25,139	$1.3m0.92%	0.92%	Reduced -1.3k	-1,311 -5.0%
22	UNITEDHEALTH GROUP INC COM UNH	UNH	2,379	$1.2m0.87%	0.87%	Reduced -226	-226 -8.7%
23	VANGUARD INDEX FDS SM CP VAL ETF VBR	VBR	6,618	$1.2m0.87%	0.87%	Added +114	+114 1.8%
24	VISA INC COM CL A V	V	4,440	$1.2m0.84%	0.84%	Reduced -580	-580 -11.6%
25	CINTAS CORP COM CTAS	CTAS	1,628	$1.1m0.82%	0.82%	Reduced -262	-262 -13.9%
26	VANGUARD MUN BD FDS TAX EXEMPT BD VTEB	VTEB	22,477	$1.1m0.81%	0.81%	Added +53	+53 0.2%
27	SPDR SER TR BLOOMBERG HIGH Y JNK	JNK	11,796	$1.1m0.80%	0.80%	Reduced -73	-73 -0.6%
28	COSTCO WHSL CORP NEW COM COST	COST	1,296	$1.1m0.79%	0.79%	Reduced -129	-129 -9.1%
29	MASTERCARD INCORPORATED CL A MA	MA	2,429	$1.1m0.77%	0.77%	Reduced -383	-383 -13.6%
30	ISHARES TR CORE TOTAL USD IUSB	IUSB	23,066	$1.0m0.75%	0.75%	Reduced -1.8k	-1,842 -7.4%
31	JPMORGAN CHASE & CO COM JPM	JPM	5,115	$1.0m0.75%	0.75%	Reduced -321	-321 -5.9%
32	HOME DEPOT INC COM HD	HD	2,945	$1.0m0.73%	0.73%	Reduced -289	-289 -8.9%
33	ADOBE INC COM ADBE	ADBE	1,791	$995.0k0.72%	0.72%	Reduced -124	-124 -6.5%
34	SPDR SERIES TRUST PORTFOLIO S&P400 SPMD	SPMD	19,252	$987.6k0.71%	0.71%	Added +114	+114 0.6%
35	SPDR SER TR PORTFOLIO LN TSR SPTL	SPTL	35,612	$969.4k0.70%	0.70%	Added +12.4k	+12,446 53.7%
36	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	4,281	$968.5k0.70%	0.70%	Reduced -283	-283 -6.2%
37	SELECT SECTOR SPDR TR ENERGY XLE	XLE	10,423	$950.1k0.68%	0.68%	New
38	VANGUARD INDEX FDS SMALL CP ETF VB	VB	4,354	$949.3k0.68%	0.68%	Reduced -9	-9 -0.2%
39	SELECT SECTOR SPDR TR INDL XLI	XLI	7,738	$943.0k0.68%	0.68%	Added +84	+84 1.1%
40	SYNOPSYS INC COM SNPS	SNPS	1,532	$911.6k0.66%	0.66%	Reduced -38	-38 -2.4%
41	T-MOBILE US INC COM TMUS	TMUS	4,989	$879.0k0.63%	0.63%	Reduced -1.6k	-1,565 -23.9%
42	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	1,562	$863.8k0.62%	0.62%	Reduced -84	-84 -5.1%
43	PIMCO ETF TR 0-5 HIGH YIELD HYS	HYS	9,307	$862.8k0.62%	0.62%	Reduced -289	-289 -3.0%
44	SSGA ACTIVE ETF TR BLACKSTONE SENR SRLN	SRLN	20,637	$862.6k0.62%	0.62%	Reduced -3.1k	-3,092 -13.0%
45	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	785	$802.8k0.58%	0.58%	Reduced -113	-113 -12.6%
46	MCDONALDS CORP COM MCD	MCD	3,143	$801.0k0.58%	0.58%	Reduced -75	-75 -2.3%
47	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	17,948	$785.4k0.57%	0.57%	Added +352	+352 2.0%
48	ISHARES TR JPMORGAN USD EMG EMB	EMB	8,626	$763.2k0.55%	0.55%	Reduced -483	-483 -5.3%
49	QUANTA SVCS INC COM PWR	PWR	2,979	$756.9k0.55%	0.55%	Reduced -385	-385 -11.4%
50	PEPSICO INC COM PEP	PEP	4,426	$730.0k0.53%	0.53%	Reduced -186	-186 -4.0%
51	SPDR INDEX SHS FDS S&P INTL SMLCP GWX	GWX	22,732	$721.5k0.52%	0.52%	Added +374	+374 1.7%
52	TRANE TECHNOLOGIES PLC SHS TT	TT	2,038	$670.4k0.48%	0.48%	Reduced -365	-365 -15.2%
53	SPDR SER TR PORTFOLIO AGRGTE SPAB	SPAB	26,079	$654.3k0.47%	0.47%	Reduced -1.1k	-1,101 -4.0%
54	DISNEY WALT CO COM DIS	DIS	6,481	$643.5k0.46%	0.46%	Reduced -838	-838 -11.4%
55	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	2,403	$642.8k0.46%	0.46%	Reduced -45	-45 -1.8%
56	NEXTERA ENERGY INC COM NEE	NEE	9,078	$642.8k0.46%	0.46%	Reduced -428	-428 -4.5%
57	VANGUARD CHARLOTTE FDS TOTAL INT BD ETF BNDX	BNDX	13,108	$638.0k0.46%	0.46%	Reduced -490	-490 -3.6%
58	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	7,448	$623.9k0.45%	0.45%	Added +143	+143 2.0%
59	EOG RES INC COM EOG	EOG	4,946	$622.6k0.45%	0.45%	Reduced -301	-301 -5.7%
60	NXP SEMICONDUCTORS N V COM NXPI	NXPI	2,301	$619.2k0.45%	0.45%	Reduced -215	-215 -8.6%
61	SSGA ACTIVE ETF TR SPDR TR TACTIC TOTL	TOTL	15,533	$617.0k0.44%	0.44%	Reduced -724	-724 -4.5%
62	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	8,431	$607.5k0.44%	0.44%	Reduced -464	-464 -5.2%
63	ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR BUD	BUD	10,361	$602.5k0.43%	0.43%	Reduced -355	-355 -3.3%
64	WALMART INC COM WMT	WMT	8,808	$596.4k0.43%	0.43%	Reduced -2.4k	-2,368 -21.2%
65	ISHARES TR CORE S&P MCP ETF IJH	IJH	10,045	$587.8k0.42%	0.42%	Reduced -32	-32 -0.3%
66	AMGEN INC COM AMGN	AMGN	1,877	$586.5k0.42%	0.42%	Reduced -91	-91 -4.6%
67	AMERICAN WTR WKS CO INC NEW COM AWK	AWK	4,450	$574.8k0.41%	0.41%	Reduced -156	-156 -3.4%
68	EXXON MOBIL CORP COM XOM	XOM	4,961	$571.1k0.41%	0.41%	Added +1.2k	+1,176 31.1%
69	ISHARES TR MSCI USA MIN VOL USMV	USMV	6,708	$563.2k0.41%	0.41%	Reduced -366	-366 -5.2%
70	SPDR SER TR BLOOMBERG 1-3 MO BIL	BIL	5,974	$548.3k0.39%	0.39%	Reduced -3.2k	-3,232 -35.1%
71	VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF VSS	VSS	4,627	$543.6k0.39%	0.39%	Added +101	+101 2.2%
72	LINDE PLC SHS LIN	LIN	1,177	$516.5k0.37%	0.37%	Reduced -32	-32 -2.6%
73	TJX COS INC NEW COM TJX	TJX	4,550	$501.0k0.36%	0.36%	Reduced -80	-80 -1.7%
74	PARKER-HANNIFIN CORP COM PH	PH	984	$497.7k0.36%	0.36%	Reduced -66	-66 -6.3%
75	VANGUARD WORLD FD MEGA GRWTH IND MGK	MGK	1,583	$497.4k0.36%	0.36%	Reduced -1	-1 -0.1%
76	AMERICAN TOWER CORP NEW COM AMT	AMT	2,487	$483.4k0.35%	0.35%	Reduced -165	-165 -6.2%
77	J P MORGAN EXCHANGE TRADED F BETABUILDERS CDA BBCA	BBCA	7,372	$479.0k0.34%	0.34%	Added +256	+256 3.6%
78	ZOETIS INC CL A ZTS	ZTS	2,731	$473.4k0.34%	0.34%	Reduced -95	-95 -3.4%
79	VANECK ETF TRUST HIGH YLD MUNIETF HYD	HYD	8,892	$459.3k0.33%	0.33%	Reduced -141	-141 -1.6%
80	ISHARES TR CORE MSCI EAFE IEFA	IEFA	6,300	$457.6k0.33%	0.33%	Reduced -141	-141 -2.2%
81	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	1,115	$453.6k0.33%	0.33%	Reduced -290	-290 -20.6%
82	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	962	$450.9k0.32%	0.32%	Added +25	+25 2.7%
83	SPDR GOLD TR GOLD SHS GLD	GLD	2,070	$445.1k0.32%	0.32%	Reduced -1.2k	-1,190 -36.5%
84	SALESFORCE INC COM CRM	CRM	1,726	$443.8k0.32%	0.32%	Reduced -54	-54 -3.0%
85	PALO ALTO NETWORKS INC COM PANW	PANW	1,290	$437.3k0.31%	0.31%	Reduced -213	-213 -14.2%
86	TESLA INC COM TSLA	TSLA	2,187	$432.8k0.31%	0.31%	Reduced -107	-107 -4.7%
87	NORTHROP GRUMMAN CORP COM NOC	NOC	984	$429.0k0.31%	0.31%	Reduced -43	-43 -4.2%
88	NOVO-NORDISK A S ADR NVO	NVO	2,975	$424.7k0.31%	0.31%	Added +228	+228 8.3%
89	S&P GLOBAL INC COM SPGI	SPGI	947	$422.4k0.30%	0.30%	Reduced -97	-97 -9.3%
90	ROPER TECHNOLOGIES INC COM ROP	ROP	745	$419.9k0.30%	0.30%	Reduced -50	-50 -6.3%
91	SPDR SER TR PORTFLI INTRMDIT SPTI	SPTI	14,932	$418.4k0.30%	0.30%	Reduced -6.0k	-5,974 -28.6%
92	VANGUARD INDEX FDS MCAP GR IDXVIP VOT	VOT	1,800	$413.2k0.30%	0.30%	Added +1.3k	+1,342 293.0%
93	BROADCOM INC COM AVGO	AVGO	2,448	$404.6k0.29%	0.29%	Added +2.3k	+2,303 1588.3%
94	SSGA ACTIVE ETF TR ULT SHT TRM BD ULST	ULST	9,622	$389.4k0.28%	0.28%	Reduced -49	-49 -0.5%
95	VANGUARD STAR FDS VG TL INTL STK F VXUS	VXUS	6,442	$388.5k0.28%	0.28%	Reduced -89	-89 -1.4%
96	QORVO INC COM QRVO	QRVO	3,315	$384.7k0.28%	0.28%	Unchanged
97	J P MORGAN EXCHANGE TRADED F GLOBAL SEL EQUIT JGLO	JGLO	6,363	$384.3k0.28%	0.28%	Added +1.7k	+1,687 36.1%
98	SPDR SER TR BLOOMBERG EMERGI EBND	EBND	19,233	$382.5k0.28%	0.28%	Added +119	+119 0.6%
99	CME GROUP INC COM CME	CME	1,939	$381.2k0.27%	0.27%	Reduced -518	-518 -21.1%
100	CHEVRON CORP NEW COM CVX	CVX	2,381	$372.4k0.27%	0.27%	Added +314	+314 15.2%

Sold out since Q1 2024

Security	Ticker	Shares held before	Value then
SELECT SECTOR SPDR TR XLC	XLC	11,675	$953.4k11.7k shares
STARBUCKS CORP SBUX	SBUX	2,715	$248.1k2.7k shares
PIONEER NAT RES CO PXD	PXD	516	$135.5k516 shares
VANGUARD SCOTTSDALE FDS VTC	VTC	1,491	$114.2k1.5k shares
EDWARDS LIFESCIENCES CORP EW	EW	840	$80.3k840 shares
SPDR SER TR MDYG	MDYG	484	$42.2k484 shares
ABBVIE INC. ABBV 3.2 05.14.26	ABBV 3.2 05.14.26	36,000	$34.7k36.0k shares
Capital One Fin 3.750 07/28/26 '26 COF 3.75 07.28.26	COF 3.75 07.28.26	34,000	$32.7k34.0k shares
US TREASUR NT 4.25 09/24UST NOTE DUE 09/30/24 T 4.25 09.30.24	T 4.25 09.30.24	32,000	$31.8k32.0k shares
SPDR SER TR SPSB	SPSB	478	$30.6k478 shares
General Dynamics 3.500 05/15/25 '25 GD 3.5 05.15.25	GD 3.5 05.15.25	30,000	$29.4k30.0k shares
Energy Transfer 3.750 05/15/30 '30 ET 3.75 05.15.30	ET 3.75 05.15.30	32,000	$29.3k32.0k shares
Enterprise Prod 3.700 02/15/26 '25 EPD 3.7 02.15.26	EPD 3.7 02.15.26	30,000	$29.3k30.0k shares
EOG Resources 4.375 04/15/30 '30 EOG 4.375 04.15.30	EOG 4.375 04.15.30	30,000	$29.3k30.0k shares
PPG INDS INC PPG	PPG	189	$27.4k189 shares
ANHEUSER-BUSCH INBEV WORLDWIDE INC GTD NT 4.750 percent 01/23/29 B/E DTD 01/23/19 CLB ABIBB 4.75 01.23.29	ABIBB 4.75 01.23.29	26,000	$26.0k26.0k shares
GOLDMAN SACHS GROUP INC NOTE M/W CLBL GS 3.85 07.08.24 MTN	GS 3.85 07.08.24 MTN	26,000	$25.9k26.0k shares
Amazon.com 2.800 08/22/24 '24 AMZN 2.8 08.22.24	AMZN 2.8 08.22.24	26,000	$25.7k26.0k shares
Nike 2.400 03/27/25 '25 NKE 2.4 03.27.25	NKE 2.4 03.27.25	26,000	$25.3k26.0k shares
NETAPP INC NOTE M/W CLBL NTAP 2.375 06.22.27	NTAP 2.375 06.22.27	26,000	$23.9k26.0k shares
COSTCO WHOLESALE COST 1.6 04.20.30	COST 1.6 04.20.30	28,000	$23.5k28.0k shares
Citigroup 4.450 09/29/27 C 4.45 09.29.27	C 4.45 09.29.27	24,000	$23.3k24.0k shares
VALE S A VALE	VALE	1,906	$23.2k1.9k shares
BANK NOVA SCOTIA HALIFAX BNS	BNS	442	$22.9k442 shares
MEDTRONIC PLC MDT	MDT	253	$22.0k253 shares