Cadence Wealth Management LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 10, 2024), Cadence Wealth Management LLC reported 42 stock positions worth $97.2 million. Its top holding was iShares 20+ Year Treasury BD (TLT) at 29.6% of the portfolio, followed by SPDR Gold Shares (GLD, 15.6%) and iShares Silver Trust (SLV, 15.6%). Compared with Q4 2023, it opened 5 new positions, sold out of 2, added to 18 and reduced 15. The biggest buy was iShares 20+ Year Treasury BD (TLT, shares +29%) and the biggest sale an exit from Vaneck Gold Miners ETF (GDX).
- Most Recent 13F
- Q2 2026
- Location
- WESTBOROUGH, MA
- CIK
- 0001845250
- Portfolio Value
- $97.2M (Q1 2024)
- SEC Filing
- 0001951757-24-000442 ↗ filed May 10, 2024
Holdings Value
Holdings 42 stocks · $97.2M
| TLT iShares 20+ Year Treasury BD | 29.59% | 304,070 | $28.8M | Add +28.9% |
| GLD SPDR Gold Shares | 15.64% | 73,893 | $15.2M | Reduce -19.0% |
| SLV iShares Silver Trust | 15.57% | 665,618 | $15.1M | Reduce -17.8% |
| XLE SS Energy Select Sector | 7.06% | 72,755 | $6.9M | Reduce -0.8% |
| CEF Sprott Physical Gold and Sil | 6.22% | 297,192 | $6.0M | Reduce -5.4% |
| EEM iShares MSCI Emerging Market | 4.89% | 115,644 | $4.8M | Reduce -0.3% |
| VEU Vanguard Ftse All-World Ex-U | 4.84% | 80,232 | $4.7M | Reduce -0.2% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 2.02% | 12,603 | $2.0M | Add +5.6% |
| META Meta Platforms Inc. Class A | 1.00% | 2,004 | $973K | Add +0.3% |
| AEM Agnico Eagle Mines Ltd. | 0.99% | 16,140 | $963K | Add +0.2% |
| PAAS Pan American Silver Corp. | 0.76% | 48,804 | $736K | Add +1.6% |
| RIO Rio Tinto PLC-Spon ADR | 0.68% | 10,414 | $664K | Add +30.0% |
| NEM Newmont Corp. | 0.59% | 15,995 | $573K | Add +2.1% |
| BHP BHP Group Ltd.-Spon ADR | 0.54% | 9,033 | $521K | Add +0.4% |
| NTR Nutrien Ltd. | 0.53% | 9,456 | $514K | Add +0.2% |
| CNQ Canadian Natural Resources | 0.53% | 6,723 | $513K | Reduce -0.8% |
| DINO HF Sinclair Corp. | 0.52% | 8,316 | $502K | Reduce -1.4% |
| AAPL Apple Inc. | 0.51% | 2,878 | $494K | Add +0.1% |
| SCCO Southern Copper Corp. | 0.50% | 4,525 | $482K | Reduce -1.2% |
| KGC Kinross Gold Corp. | 0.49% | 77,621 | $476K | Reduce -23.1% |
| SCHV Schwab US Large-Cap Value | 0.48% | 6,183 | $470K | Reduce -7.9% |
| PXD Pioneer Natural Resources Co. | 0.47% | 1,751 | $460K | Reduce -0.3% |
| BTG B2GOLD Corp. | 0.46% | 170,073 | $444K | Add +1.6% |
| CALM Cal-Maine Foods Inc. | 0.44% | 7,294 | $429K | Reduce -0.9% |
| NVDA Nvidia Corp. | 0.43% | 466 | $421K | Reduce -7.4% |
| BSX Boston Scientific Corp. | 0.41% | 5,890 | $403K | No change |
| SBSW Sibanye-Stillwater Ltd.-ADR | 0.40% | 83,364 | $393K | Add +1.0% |
| CVS CVS Health Corp. | 0.38% | 4,599 | $367K | No change |
| XOP SS SPDR S&P Og Exp & Prod | 0.30% | 1,889 | $293K | New |
| XLK SS Technology Select Sector | 0.30% | 1,385 | $288K | Reduce -11.3% |
| VWO Vanguard Ftse Emerging Marke | 0.29% | 6,720 | $281K | Add +20.1% |
| GEF Greif Inc. Class A | 0.29% | 4,016 | $277K | Add +0.4% |
| ICL Icl Group Ltd. | 0.28% | 51,257 | $276K | Add +0.2% |
| ITOT iShares Core S&P Total U.S. | 0.23% | 1,900 | $219K | New |
| VEA Vanguard Ftse Developed ETF | 0.22% | 4,351 | $218K | Add +0.5% |
| AMZN Amazon.com Inc. | 0.22% | 1,186 | $214K | New |
| SCHX Schwab US Large-Cap ETF | 0.22% | 3,448 | $214K | New |
| ES Eversource Energy | 0.22% | 3,521 | $210K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.21% | 389 | $203K | New |
| SSRM SSR Mining Inc. | 0.18% | 40,208 | $179K | Add +72.9% |
| FSCO FS Credit Opportunities Corp. | 0.10% | 17,205 | $102K | No change |
| NSTGQ Nanostring Technologies Inc. | 0.00% | 41,903 | $3K | Add +120.7% |
Portfolio Sells Q4 2023 → Q1 2024
| GDX Vaneck Gold Miners ETF | Sold out | 0.00% | −15.97 |
| GDXJ Vaneck Junior Gold Miners | Sold out | 0.00% | −10.40 |
| KGC Kinross Gold Corp. | Reduce -23.1% | 0.49% | +0.01 |
| XLK SS Technology Select Sector | Reduce -11.3% | 0.30% | +0.06 |
| CALM Cal-Maine Foods Inc. | Reduce -0.9% | 0.44% | +0.11 |
| SCHV Schwab US Large-Cap Value | Reduce -7.9% | 0.48% | +0.11 |
| DINO HF Sinclair Corp. | Reduce -1.4% | 0.52% | +0.15 |
| PXD Pioneer Natural Resources Co. | Reduce -0.3% | 0.47% | +0.16 |
| CNQ Canadian Natural Resources | Reduce -0.8% | 0.53% | +0.18 |
| SCCO Southern Copper Corp. | Reduce -1.2% | 0.50% | +0.19 |
| NVDA Nvidia Corp. | Reduce -7.4% | 0.43% | +0.24 |
| EEM iShares MSCI Emerging Market | Reduce -0.3% | 4.89% | +1.22 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -0.2% | 4.84% | +1.30 |
| CEF Sprott Physical Gold and Sil | Reduce -5.4% | 6.22% | +1.50 |
| SLV iShares Silver Trust | Reduce -17.8% | 15.57% | +1.73 |
| GLD SPDR Gold Shares | Reduce -19.0% | 15.64% | +1.94 |
| XLE SS Energy Select Sector | Reduce -0.8% | 7.06% | +2.24 |
Portfolio Buys Q4 2023 → Q1 2024
| TLT iShares 20+ Year Treasury BD | Add +28.9% | 29.59% | +11.28 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +5.6% | 2.02% | +0.66 |
| META Meta Platforms Inc. Class A | Add +0.3% | 1.00% | +0.45 |
| XOP SS SPDR S&P Og Exp & Prod | New | 0.30% | +0.30 |
| AEM Agnico Eagle Mines Ltd. | Add +0.2% | 0.99% | +0.30 |
| ITOT iShares Core S&P Total U.S. | New | 0.23% | +0.23 |
| AMZN Amazon.com Inc. | New | 0.22% | +0.22 |
| SCHX Schwab US Large-Cap ETF | New | 0.22% | +0.22 |
| RIO Rio Tinto PLC-Spon ADR | Add +30.0% | 0.68% | +0.21 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.21% | +0.21 |
| PAAS Pan American Silver Corp. | Add +1.6% | 0.76% | +0.14 |
| NTR Nutrien Ltd. | Add +0.2% | 0.53% | +0.11 |
| VWO Vanguard Ftse Emerging Marke | Add +20.1% | 0.29% | +0.11 |
| ICL Icl Group Ltd. | Add +0.2% | 0.28% | +0.08 |
| NEM Newmont Corp. | Add +2.1% | 0.59% | +0.08 |
| GEF Greif Inc. Class A | Add +0.4% | 0.29% | +0.08 |
| AAPL Apple Inc. | Add +0.1% | 0.51% | +0.07 |
| VEA Vanguard Ftse Developed ETF | Add +0.5% | 0.22% | +0.06 |
| BHP BHP Group Ltd.-Spon ADR | Add +0.4% | 0.54% | +0.05 |
| SBSW Sibanye-Stillwater Ltd.-ADR | Add +1.0% | 0.40% | +0.05 |
| BTG B2GOLD Corp. | Add +1.6% | 0.46% | +0.04 |
| NSTGQ Nanostring Technologies Inc. | Add +120.7% | 0.00% | −0.01 |
| SSRM SSR Mining Inc. | Add +72.9% | 0.18% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 63 | $223.3M | XOP, XLE, TLT, SLV, EDV |
| Q1 2026 | 58 | $239.7M | TLT, XOP, EDV, SLV, GLD |
| Q4 2025 | 57 | $207.1M | TLT, XOP, SLV, GLD, EDV |
| Q3 2025 | 58 | $190.9M | TLT, SLV, XOP, IEF, GLD |
| Q2 2025 | 51 | $151.2M | TLT, SLV, IEF, GLD, CEF |
| Q1 2025 | 45 | $135.3M | TLT, SLV, IEF, GLD, CEF |
| Q4 2024 | 47 | $151.0M | TLT, GDX, SLV, GLD, GDXJ |
| Q3 2024 | 45 | $123.0M | TLT, SLV, GLD, CEF, XLE |
| Q2 2024 | 47 | $143.1M | TLT, GDX, SLV, GDXJ, GLD |
| Q1 2024 | 42 | $97.2M | TLT, GLD, SLV, XLE, CEF |