Cadence Wealth Management LLC
Long book
$239.7M
Q1 2026
Positions
58
Top-10 weight
81%
concentration
Last quarter
-6.1%
SPY +14.8%
Turnover
5%
of book per quarter
Strategy in plain words
auto-generated from filingsCadence Wealth Management LLC is a wealth-management firm allocating client money, specialised in financials (62% of the long book), running a $239.7M US long book across 58 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: ISHARES 20+ YEAR TREASURY BD, SS SPDR S&P OG EXP & PROD, VANGUARD EXTENDED DUR TREAS, ISHARES SILVER TRUST, SPDR GOLD SHARES.
Over the last 9 quarters its long book ran on average 1.5pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+4.1%
Q2 2024
+9.8%
Q3 2024
-5.8%
Q4 2024
+15.0%
Q1 2025
+3.4%
Q2 2025
+12.6%
Q3 2025
+9.5%
Q4 2025
+11.4%
Q1 2026
-6.1%
Sector allocation
Materials 36%
Energy 25%
Other 16%
Technology 9%
Financials 6%
Consumer staples 3%
Healthcare 2%
Consumer discretionary 1%
Long book by quarter
What does Cadence Wealth own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| DINO HF SINCLAIR CORP | Energy | 26.3K | $1.6M | 0.7% | +38.1% |
| SSRM SSR MINING INC | Financials | 52.2K | $1.5M | 0.6% | +22.6% |
| HP HELMERICH & PAYNE | Energy | 40.6K | $1.5M | 0.6% | +3.2% |
| NEM NEWMONT CORP | Materials | 13.0K | $1.4M | 0.6% | -6.2% |
| BTG B2GOLD CORP | Materials | 300.2K | $1.4M | 0.6% | +32.1% |
| PAAS PAN AMERICAN SILVER CORP | Materials | 24.9K | $1.4M | 0.6% | -13.6% |
| AEM AGNICO EAGLE MINES LTD | Materials | 6.6K | $1.3M | 0.6% | -6.4% |
| B BARRICK MINING CORP | Materials | 32.3K | $1.3M | 0.5% | -3.6% |
| MOS MOSAIC CO/THE | Other | 50.4K | $1.3M | 0.5% | +43.1% |
| KGC KINROSS GOLD CORP | Materials | 41.9K | $1.3M | 0.5% | +2.3% |
| NTR NUTRIEN LTD | Other | 16.9K | $1.3M | 0.5% | +9.8% |
| META META PLATFORMS INC-CLASS A | Technology | 2.1K | $1.2M | 0.5% | +0.9% |
| CNQ CANADIAN NATURAL RESOURCES | Energy | 22.1K | $1.1M | 0.4% | +8.9% |
| CTRA COTERRA ENERGY INC | — | 30.0K | $1.1M | 0.4% | +6.4% |
| MTDR MATADOR RESOURCES CO | Energy | 15.5K | $981K | 0.4% | New |
| ALB ALBEMARLE CORP | Materials | 5.0K | $894K | 0.4% | +1.8% |
| FANG DIAMONDBACK ENERGY INC | Energy | 4.4K | $862K | 0.4% | +19.1% |
| CALM CAL-MAINE FOODS INC | Consumer staples | 10.7K | $846K | 0.4% | +189.4% |
| NVDA NVIDIA CORP | Technology | 4.5K | $788K | 0.3% | -1.4% |
| EOG EOG RESOURCES INC | Energy | 5.4K | $775K | 0.3% | +8.5% |
| SCCO SOUTHERN COPPER CORP | Materials | 3.7K | $637K | 0.3% | +4.2% |
| ICL ICL GROUP LTD | Other | 110.6K | $570K | 0.2% | +15.6% |
| AAPL APPLE INC | Technology | 2.1K | $521K | 0.2% | -1.9% |
| BSX BOSTON SCIENTIFIC CORP | Healthcare | 5.9K | $370K | 0.2% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 1.4K | $300K | 0.1% | +6.0% |
| CVS CVS HEALTH CORP | Healthcare | 3.6K | $258K | 0.1% | Held |
| ES EVERSOURCE ENERGY | Utilities | 3.5K | $245K | 0.1% | +0.5% |
| TSLA TESLA INC | Industrials | 580 | $216K | 0.1% | +4.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 12, 2026 | 58 | $239.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 6, 2026 | 57 | $207.1M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 6, 2025 | 58 | $190.9M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 12, 2025 | 51 | $151.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 6, 2025 | 45 | $135.3M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 10, 2025 | 47 | $151.0M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 6, 2024 | 45 | $123.0M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 31, 2024 | 47 | $143.1M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 10, 2024 | 42 | $97.2M | canonical | SEC ↗ |