# Rainier Group Investment Advisory LLC

> Institutional holdings reported to the SEC as of Q3 2020 on Form 13F. CIK 1424116. Source: https://holderbook.com/funds/1424116-rainier-group-investment-advisory-llc/

- Reported value: $252.0M
- Positions: 72
- Weight of the ten largest: 87.7%
- Filed: 2020-11-16

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $129.5M | 385,464 | 51.4% | 2 |
| ISHARES TR | [IEF](https://holderbook.com/stocks/IEF/) | $21.1M | 173,144 | 8.4% | 2 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $17.4M | 303,135 | 6.9% | 2 |
| ISHARES TR | [HEFA](https://holderbook.com/stocks/HEFA/) | $16.6M | 600,936 | 6.6% | 2 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $9.7M | 45,918 | 3.8% | 2 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $9.0M | 77,456 | 3.6% | 8 |
| SLACK TECHNOLOGIES INC | [WORK](https://holderbook.com/stocks/WORK/) | $5.9M | 220,999 | 2.4% | 2 |
| VANGUARD INDEX FDS | [VXF](https://holderbook.com/stocks/VXF/) | $4.6M | 35,318 | 1.8% | 2 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $4.4M | 1,413 | 1.8% | 8 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $2.8M | 34,400 | 1.1% | 2 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $2.7M | 7,494 | 1.1% | 8 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.7M | 4,042 | 0.7% | 2 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.5M | 5,241 | 0.6% | 2 |
| ISHARES TR | [IYC](https://holderbook.com/stocks/IYC/) | $1.4M | 5,500 | 0.5% | 2 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $1.0M | 12,468 | 0.4% | 2 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.0M | 4,735 | 0.4% | 8 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $954.0K | 11,106 | 0.4% | 2 |
| MDU RES GROUP INC | [MDU](https://holderbook.com/stocks/MDU/) | $944.0K | 41,945 | 0.4% | 2 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $796.0K | 3,983 | 0.3% | 2 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $719.0K | 2,307 | 0.3% | 2 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $663.0K | 16,840 | 0.3% | 8 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $639.0K | 5,090 | 0.3% | 2 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $627.0K | 428 | 0.2% | 7 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $621.0K | 2,727 | 0.2% | 2 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $607.0K | 2,317 | 0.2% | 2 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $576.0K | 4,641 | 0.2% | 8 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $573.0K | 2,255 | 0.2% | 8 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $564.0K | 3,789 | 0.2% | 2 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $534.0K | 5,551 | 0.2% | 2 |
| PACCAR INC | [PCAR](https://holderbook.com/stocks/PCAR/) | $533.0K | 6,253 | 0.2% | 2 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $514.0K | 949 | 0.2% | 2 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $512.0K | 1,044 | 0.2% | 5 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $503.0K | 10,196 | 0.2% | 8 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $459.0K | 312 | 0.2% | 2 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $433.0K | 3,119 | 0.2% | 2 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $419.0K | 1,251 | 0.2% | 2 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $415.0K | 6,971 | 0.2% | 2 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $400.0K | 4,827 | 0.2% | 2 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $385.0K | 1,753 | 0.2% | 2 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $378.0K | 13,264 | 0.2% | 7 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $373.0K | 2,666 | 0.1% | 2 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $345.0K | 2,083 | 0.1% | 2 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $327.0K | 7,077 | 0.1% | 2 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $316.0K | 2,901 | 0.1% | 1 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $311.0K | 4,144 | 0.1% | 2 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $295.0K | 1,305 | 0.1% | 2 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $293.0K | 7,994 | 0.1% | 1 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $292.0K | 3,329 | 0.1% | 4 |
| ISHARES TR | [HDV](https://holderbook.com/stocks/HDV/) | $288.0K | 3,575 | 0.1% | 2 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $280.0K | 1,694 | 0.1% | 8 |
| ALLSTATE CORP | [ALL](https://holderbook.com/stocks/ALL/) | $271.0K | 2,876 | 0.1% | 8 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $271.0K | 800 | 0.1% | 1 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $264.0K | 1,094 | 0.1% | 6 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $264.0K | 5,103 | 0.1% | 2 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $260.0K | 678 | 0.1% | 2 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $247.0K | 1,541 | 0.1% | 3 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $244.0K | 819 | 0.1% | 1 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $241.0K | 869 | 0.1% | 1 |
| GLOBAL X FDS | [BOTZ](https://holderbook.com/stocks/BOTZ/) | $236.0K | 8,450 | 0.1% | 2 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $233.0K | 6,796 | 0.1% | 2 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $233.0K | 1,631 | 0.1% | 1 |
| BROADMARK RLTY CAP INC | [BRMK](https://holderbook.com/stocks/BRMK/) | $230.0K | 23,325 | 0.1% | 4 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $225.0K | 5,830 | 0.1% | 1 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $217.0K | 1,564 | 0.1% | 1 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $214.0K | 1,088 | 0.1% | 1 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $212.0K | 3,696 | 0.1% | 1 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $209.0K | 1,849 | 0.1% | 1 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $207.0K | 825 | 0.1% | 1 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $202.0K | 3,251 | 0.1% | 1 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $201.0K | 8,340 | 0.1% | 1 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $200.0K | 2,591 | 0.1% | 1 |
| SUNDIAL GROWERS INC | [SNDLXXXX](https://holderbook.com/stocks/SNDLXXXX/) | $7.0K | 29,500 | 0.0% | 2 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2020 | +7.0% | +8.6% | -1.6% | 100% |
| Q2 2020 | +26.2% | +19.6% | +6.5% | 100% |
| Q1 2020 | -19.2% | -19.9% | +0.7% | 100% |
| Q4 2019 | +7.7% | +8.5% | -0.7% | 100% |
| Q3 2019 | +1.3% | +1.3% | +0.0% | 100% |
| Q2 2019 | +3.8% | +3.7% | +0.1% | 100% |
| Q1 2019 | +13.4% | +13.0% | +0.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2020 | $252.0M | 72 |
| Q2 2020 | $231.2M | 59 |
| Q1 2020 | $15.4M | 19 |
| Q4 2019 | $244.9M | 49 |
| Q3 2019 | $220.3M | 46 |
| Q2 2019 | $223.1M | 43 |
| Q1 2019 | $226.9M | 40 |
| Q4 2018 | $214.8M | 34 |