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.
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.
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.
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.
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.
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.
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 | |||
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