# Reynolds Investment Management, Inc.

> Institutional holdings reported to the SEC as of Q2 2022 on Form 13F. CIK 1930621. Source: https://holderbook.com/funds/1930621-reynolds-investment-management-inc/

- Reported value: $281.2M
- Positions: 100
- Weight of the ten largest: 50.1%
- Filed: 2022-07-27

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 |
|---|---|---|---|---|---|
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $28.6M | 372,107 | 10.2% | 2 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $25.1M | 66,180 | 8.9% | 2 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $15.9M | 70,084 | 5.6% | 2 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $15.6M | 56,981 | 5.5% | 2 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $13.3M | 130,702 | 4.7% | 2 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $13.1M | 173,604 | 4.6% | 2 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $9.0M | 65,812 | 3.2% | 2 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $7.8M | 84,310 | 2.8% | 2 |
| ISHARES TR | [TIP](https://holderbook.com/stocks/TIP/) | $6.9M | 60,967 | 2.5% | 2 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $5.8M | 43,529 | 2.1% | 2 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $5.5M | 30,749 | 1.9% | 2 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $5.3M | 23,773 | 1.9% | 2 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $4.7M | 26,965 | 1.7% | 2 |
| VANGUARD WORLD FD | [VDE](https://holderbook.com/stocks/VDE/) | $4.7M | 46,835 | 1.7% | 2 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $4.6M | 92,498 | 1.6% | 2 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $4.4M | 17,128 | 1.6% | 2 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $4.2M | 67,617 | 1.5% | 2 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $3.9M | 23,110 | 1.4% | 2 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $3.6M | 73,188 | 1.3% | 2 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $3.6M | 57,058 | 1.3% | 2 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $3.5M | 9,395 | 1.3% | 2 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $3.3M | 23,092 | 1.2% | 2 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $3.3M | 19,912 | 1.2% | 2 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $3.3M | 30,851 | 1.2% | 2 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $3.1M | 36,076 | 1.1% | 2 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $3.0M | 42,053 | 1.1% | 2 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $3.0M | 20,695 | 1.1% | 2 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $2.9M | 26,183 | 1.0% | 2 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $2.7M | 9,768 | 1.0% | 2 |
| VANGUARD BD INDEX FDS | [BIV](https://holderbook.com/stocks/BIV/) | $2.7M | 34,408 | 1.0% | 2 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $2.6M | 17,528 | 0.9% | 2 |
| VANGUARD WORLD FD | [VHT](https://holderbook.com/stocks/VHT/) | $2.5M | 10,673 | 0.9% | 2 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $2.2M | 16,016 | 0.8% | 2 |
| KROGER CO | [KR](https://holderbook.com/stocks/KR/) | $2.2M | 45,960 | 0.8% | 2 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $2.2M | 42,460 | 0.8% | 2 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $2.1M | 39,277 | 0.7% | 2 |
| DOMINION ENERGY INC | [D](https://holderbook.com/stocks/D/) | $1.9M | 23,918 | 0.7% | 2 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.9M | 7,640 | 0.7% | 2 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $1.9M | 39,294 | 0.7% | 2 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $1.8M | 10,568 | 0.7% | 2 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $1.8M | 19,458 | 0.7% | 2 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.8M | 15,100 | 0.7% | 2 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $1.8M | 12,505 | 0.6% | 2 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $1.7M | 18,169 | 0.6% | 2 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $1.7M | 41,895 | 0.6% | 2 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $1.5M | 8,781 | 0.5% | 2 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $1.4M | 31,767 | 0.5% | 2 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $1.3M | 62,235 | 0.5% | 2 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $1.3M | 13,719 | 0.5% | 2 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $1.2M | 31,042 | 0.4% | 2 |
| SMUCKER J M CO | [SJM](https://holderbook.com/stocks/SJM/) | $1.1M | 8,739 | 0.4% | 2 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $1.1M | 34,535 | 0.4% | 2 |
| LOEWS CORP | [L](https://holderbook.com/stocks/L/) | $1.1M | 18,108 | 0.4% | 2 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $1.0M | 5,158 | 0.4% | 2 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.0M | 462 | 0.4% | 2 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $965.0K | 7,455 | 0.3% | 2 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $957.0K | 4,221 | 0.3% | 2 |
| KELLOGG CO | [K](https://holderbook.com/stocks/K/) | $940.0K | 13,174 | 0.3% | 2 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $895.0K | 23,922 | 0.3% | 2 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $804.0K | 12,944 | 0.3% | 2 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $778.0K | 3,156 | 0.3% | 2 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $714.0K | 9,272 | 0.3% | 2 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $673.0K | 8,812 | 0.2% | 2 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $672.0K | 2,243 | 0.2% | 2 |
| CARRIER GLOBAL CORPORATION | [CARR](https://holderbook.com/stocks/CARR/) | $665.0K | 18,657 | 0.2% | 2 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $663.0K | 4,697 | 0.2% | 2 |
| VANGUARD SCOTTSDALE FDS | [VONG](https://holderbook.com/stocks/VONG/) | $639.0K | 11,356 | 0.2% | 1 |
| DUPONT DE NEMOURS INC | [DD](https://holderbook.com/stocks/DD/) | $624.0K | 11,233 | 0.2% | 2 |
| VANGUARD WORLD FD | [VFH](https://holderbook.com/stocks/VFH/) | $624.0K | 8,079 | 0.2% | 2 |
| BHP BILLITON LIMITED | [BHP](https://holderbook.com/stocks/BHP/) | $602.0K | 10,711 | 0.2% | 2 |
| OTIS WORLDWIDE CORP | [OTIS](https://holderbook.com/stocks/OTIS/) | $589.0K | 8,336 | 0.2% | 2 |
| HONDA MOTOR CO LTD | [HMC](https://holderbook.com/stocks/HMC/) | $585.0K | 24,223 | 0.2% | 2 |
| GALLAGHER ARTHUR J & CO | [AJG](https://holderbook.com/stocks/AJG/) | $578.0K | 3,546 | 0.2% | 2 |
| PRICE T ROWE GROUP INC | [TROW](https://holderbook.com/stocks/TROW/) | $573.0K | 5,045 | 0.2% | 2 |
| SONOCO PRODS CO | [SON](https://holderbook.com/stocks/SON/) | $563.0K | 9,867 | 0.2% | 2 |
| LINCOLN NATL CORP IND | [LNC](https://holderbook.com/stocks/LNC/) | $536.0K | 11,452 | 0.2% | 2 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $531.0K | 5,003 | 0.2% | 2 |
| SOUTHERN FIRST BANCSHARES | [SFST](https://holderbook.com/stocks/SFST/) | $527.0K | 12,097 | 0.2% | 2 |
| ROYAL BK CDA | [RY](https://holderbook.com/stocks/RY/) | $468.0K | 4,837 | 0.2% | 2 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $459.0K | 8,769 | 0.2% | 2 |
| KRAFT HEINZ CO | [KHC](https://holderbook.com/stocks/KHC/) | $424.0K | 11,104 | 0.2% | 2 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $413.0K | 2,078 | 0.1% | 2 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $412.0K | 2,689 | 0.1% | 2 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $405.0K | 3,726 | 0.1% | 2 |
| WALGREENS BOOTS ALLIANCE INC | [WBA](https://holderbook.com/stocks/WBA/) | $387.0K | 10,209 | 0.1% | 2 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $368.0K | 4,832 | 0.1% | 2 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $335.0K | 2,451 | 0.1% | 2 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $324.0K | 3,552 | 0.1% | 2 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $317.0K | 2,349 | 0.1% | 2 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $294.0K | 573 | 0.1% | 2 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $290.0K | 3,623 | 0.1% | 2 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $283.0K | 1,677 | 0.1% | 2 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $277.0K | 3,968 | 0.1% | 2 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $249.0K | 3,215 | 0.1% | 2 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $242.0K | 5,727 | 0.1% | 2 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $236.0K | 3,654 | 0.1% | 2 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $235.0K | 1,193 | 0.1% | 2 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $206.0K | 306 | 0.1% | 2 |
| WARNER BROS DISCOVERY INC | [WBD](https://holderbook.com/stocks/WBD/) | $205.0K | 15,294 | 0.1% | 1 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $200.0K | 1,061 | 0.1% | 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 |
|---|---|---|---|---|
| Q2 2022 | -12.0% | -16.5% | +4.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2022 | $281.2M | 100 |
| Q1 2022 | $338.9M | 108 |