Rainier Investment Advisory 13F annual report

Rainier Investment Advisory is an investment fund managing more than $231 million ran by Sheila Powers. There are currently 52 companies in Mrs. Powers’s portfolio. The largest investments include Ishares Tr and Microsoft, together worth $187 million.

Limited to 30 biggest holdings

$231 million Assets Under Management (AUM)

As of 7th October 2020, Rainier Investment Advisory’s top holding is 1,494,759 shares of Ishares Tr currently worth over $179 million and making up 77.3% of the portfolio value. In addition, the fund holds 43,238 shares of Microsoft worth $8.8 million, whose value grew 28.3% in the past six months. The third-largest holding is Slack Technologies worth $7.18 million and the next is Apple worth $6.54 million, with 17,928 shares owned.

Currently, Rainier Investment Advisory's portfolio is worth at least $231 million. 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 Rainier Investment Advisory

The Rainier Investment Advisory office and employees reside in Bellevue, Washington. According to the last 13-F report filed with the SEC, Sheila Powers serves as the Compliance Officer at Rainier Investment Advisory.

Recent trades

In the most recent 13F filing, Rainier Investment Advisory revealed that it had opened a new position in Ishares Tr and bought 1,494,759 shares worth $179 million.

The investment fund also strengthened its position in Amazon.com by buying 1 additional shares. This makes their stake in Amazon.com total 1,226 shares worth $3.38 million. Amazon.com soared 98.3% in the past year.

On the other hand, there are companies that Rainier Investment Advisory is getting rid of from its portfolio. Rainier Investment Advisory closed its position in Colgate-Palmolive Co on 12th August 2020. It sold the previously owned 5,153 shares for $342 thousand. Sheila Powers also disclosed a decreased stake in Apple by approximately 0.1%. This leaves the value of the investment at $6.54 million and 17,928 shares.

One of the smaller hedge funds

The two most similar investment funds to Rainier Investment Advisory are Pennant Investors, L.P. and Bip Gp (f/k/a Weiss Asset Management )[[[2]]. They manage $231 million and $231 million respectively.

Sheila Powers investment strategy

Rainier Investment Advisory’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Technology — making up 7.8% of the total portfolio value. The fund focuses on investments in the United States as 61.5% 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 62% of the total holdings value. On the other hand, small-cap stocks make up only 1.9% of the portfolio. The average market cap of the portfolio companies is close to $384 billion.

The complete list of Rainier Investment Advisory trades based on 13F SEC filings

These positions were updated on August 12th 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
Ishares Tr	Opened 1,494,759	$178,647,000	77.26%
Microsoft Corp.	Opened 43,238	$8,799,000	3.81%
Slack Technologies, Inc.	Opened 230,999	$7,182,000	3.11%
Apple, Inc.	4.28% 17,928	$6,540,000	2.83%
Vanguard Index Fds	Opened 34,881	$4,315,000	1.87%
Amazon.com, Inc.	0.08% 1,226	$3,382,000	1.46%
Vanguard Whitehall Fds	Opened 34,400	$2,710,000	1.17%
Costco Whsl Corp New	8.12% 7,812	$2,369,000	1.02%
The Home Depot, Inc.	Opened 4,803	$1,203,000	0.52%
Mdu Res Group Inc	Opened 41,928	$930,000	0.40%
Tesla, Inc.	Opened 800	$864,000	0.37%
Starbucks Corp.	Opened 10,877	$800,000	0.35%
Cisco Sys Inc	17.82% 16,568	$773,000	0.33%
Berkshire Hathaway Inc.	3.63% 4,065	$726,000	0.31%
Visa, Inc.	Opened 3,337	$645,000	0.28%
UnitedHealth Group, Inc.	Opened 1,976	$583,000	0.25%
Disney Walt Co	3.75% 4,692	$523,000	0.23%
Amgen, Inc.	1.85% 2,012	$475,000	0.21%
NIKE, Inc.	Opened 4,709	$462,000	0.20%
Alphabet, Inc.	13.21% 317	$450,000	0.19%
PACCAR, Inc.	Opened 5,873	$440,000	0.19%
Jpmorgan Chase Co	Opened 4,476	$421,000	0.18%
Johnson Johnson	Opened 2,781	$391,000	0.17%
Spdr Sp 500 Etf Tr	Opened 1,251	$386,000	0.17%
Adobe, Inc.	6.98% 858	$373,000	0.16%
The Coca-Cola Co.	6.38% 8,213	$367,000	0.16%
Colgate-Palmolive Co.	Closed 5,153	$342,000
Exxon Mobil Corp.	Opened 7,585	$339,000	0.15%
Att Inc	17.65% 11,009	$333,000	0.14%
The Boeing Co.	10.62% 1,700	$312,000	0.13%
Verizon Communications, Inc.	Opened 5,453	$301,000	0.13%
Facebook, Inc.	Opened 1,316	$299,000	0.13%
Merck Co. Inc	Opened 3,808	$294,000	0.13%
Alphabet, Inc.	Opened 204	$288,000	0.12%
Intel Corp.	Opened 4,796	$287,000	0.12%
AbbVie, Inc.	4.99% 2,856	$280,000	0.12%
The Allstate Corp.	2.64% 2,881	$279,000	0.12%
NVIDIA Corp.	Opened 713	$271,000	0.12%
Walmart, Inc.	Opened 2,213	$265,000	0.11%
Mcdonalds Corp	Opened 1,374	$254,000	0.11%
Procter And Gamble Co	Opened 2,100	$251,000	0.11%
American Tower Corp.	6.70% 961	$248,000	0.11%
Philip Morris International, Inc.	Opened 3,475	$243,000	0.11%
Lowes Cos Inc	Opened 1,742	$235,000	0.10%
Accenture Plc Ireland	Opened 1,034	$222,000	0.10%
CSX Corp.	Closed 3,840	$220,000
Lockheed Martin Corp.	Opened 594	$217,000	0.09%
Broadmark Rlty Cap Inc	2.48% 22,890	$217,000	0.09%
Valero Energy Corp.	Opened 3,650	$215,000	0.09%
3M Co.	26.08% 1,318	$206,000	0.09%
Comcast Corp New	Opened 5,214	$203,000	0.09%
Global X Fds	Opened 8,450	$202,000	0.09%
Raytheon Technologies Corp.	Opened 3,249	$200,000	0.09%
Sundial Growers, Inc.	Opened 29,500	$24,000	0.01%
No transactions found
Showing first 500 out of 54 holdings