Cadence Wealth Management LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 31, 2024), Cadence Wealth Management LLC reported 47 stock positions worth $143.1 million. Its top holding was iShares 20+ Year Treasury BD (TLT) at 22.3% of the portfolio, followed by Vaneck Gold Miners ETF (GDX, 14.9%) and iShares Silver Trust (SLV, 11.2%). Compared with Q1 2024, it opened 8 new positions, sold out of 3, added to 24 and reduced 10. The biggest buy was a new position in Vaneck Gold Miners ETF (GDX) and the biggest sale SPDR Gold Shares (GLD, shares −15%).
- Most Recent 13F
- Q2 2026
- Location
- WESTBOROUGH, MA
- CIK
- 0001845250
- Portfolio Value
- $143.1M (Q2 2024)
- SEC Filing
- 0001951757-24-000583 ↗ filed Jul 31, 2024
Holdings Value
Holdings 47 stocks · $143.1M
| TLT iShares 20+ Year Treasury BD | 22.35% | 348,334 | $32.0M | Add +14.6% |
| GDX Vaneck Gold Miners ETF | 14.91% | 628,558 | $21.3M | New |
| SLV iShares Silver Trust | 11.18% | 602,049 | $16.0M | Reduce -9.6% |
| GDXJ Vaneck Junior Gold Miners | 10.76% | 365,305 | $15.4M | New |
| GLD SPDR Gold Shares | 9.47% | 63,021 | $13.6M | Reduce -14.7% |
| XLE SS Energy Select Sector | 4.74% | 74,410 | $6.8M | Add +2.3% |
| CEF Sprott Physical Gold and Sil | 4.59% | 297,998 | $6.6M | Add +0.3% |
| VEU Vanguard Ftse All-World Ex-U | 3.14% | 76,552 | $4.5M | Reduce -4.6% |
| EEM iShares MSCI Emerging Market | 2.67% | 89,837 | $3.8M | Reduce -22.3% |
| XOP SS SPDR S&P Og Exp & Prod | 2.29% | 22,534 | $3.3M | Add +1092.9% |
| SCHV Schwab US Large-Cap Value | 1.12% | 21,701 | $1.6M | Add +251.0% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.96% | 9,116 | $1.4M | Reduce -27.7% |
| META Meta Platforms Inc. Class A | 0.71% | 2,005 | $1.0M | Add +0.1% |
| VWO Vanguard Ftse Emerging Marke | 0.65% | 21,224 | $929K | Add +215.8% |
| GNR State Street SPDR S&P Global | 0.60% | 15,310 | $855K | New |
| AEM Agnico Eagle Mines Ltd. | 0.58% | 12,610 | $825K | Reduce -21.9% |
| PAAS Pan American Silver Corp. | 0.54% | 38,731 | $770K | Reduce -20.6% |
| RIO Rio Tinto PLC-Spon ADR | 0.54% | 11,658 | $769K | Add +11.9% |
| B Barrick Gold Corp. | 0.52% | 44,980 | $750K | New |
| NEM Newmont Corp. | 0.52% | 17,682 | $740K | Add +10.6% |
| KGC Kinross Gold Corp. | 0.49% | 83,719 | $697K | Add +7.9% |
| BTG B2GOLD Corp. | 0.43% | 229,370 | $619K | Add +34.9% |
| AAPL Apple Inc. | 0.42% | 2,878 | $606K | No change |
| BHP BHP Group Ltd.-Spon ADR | 0.40% | 10,027 | $572K | Add +11.0% |
| NVDA Nvidia Corp. | 0.37% | 4,309 | $532K | Reduce -7.5% |
| NTR Nutrien Ltd. | 0.37% | 10,402 | $530K | Add +10.0% |
| CNQ Canadian Natural Resources | 0.36% | 14,624 | $521K | Add +8.8% |
| CALM Cal-Maine Foods Inc. | 0.34% | 7,976 | $487K | Add +9.3% |
| DINO HF Sinclair Corp. | 0.34% | 9,113 | $486K | Add +9.6% |
| BSX Boston Scientific Corp. | 0.32% | 5,890 | $454K | No change |
| MOS The Mosaic Co. | 0.31% | 15,128 | $437K | New |
| TS Tenaris SA-ADR | 0.30% | 13,867 | $423K | New |
| SBSW Sibanye-Stillwater Ltd.-ADR | 0.28% | 92,209 | $401K | Add +10.6% |
| XLK SS Technology Select Sector | 0.22% | 1,398 | $316K | Add +0.9% |
| CTRA Coterra Energy Inc. | 0.21% | 11,367 | $303K | New |
| HP Helmerich & Payne | 0.21% | 8,384 | $303K | New |
| SCCO Southern Copper Corp. | 0.21% | 2,791 | $301K | Reduce -38.3% |
| ITOT iShares Core S&P Total U.S. | 0.20% | 2,469 | $293K | Add +29.9% |
| CVS CVS Health Corp. | 0.19% | 4,599 | $272K | No change |
| GEF Greif Inc. Class A | 0.18% | 4,460 | $256K | Add +11.1% |
| ICL Icl Group Ltd. | 0.17% | 57,531 | $246K | Add +12.2% |
| AMZN Amazon.com Inc. | 0.16% | 1,197 | $231K | Add +0.9% |
| SCHX Schwab US Large-Cap ETF | 0.15% | 3,448 | $222K | No change |
| VEA Vanguard Ftse Developed ETF | 0.15% | 4,440 | $219K | Add +2.0% |
| SSRM SSR Mining Inc. | 0.15% | 47,068 | $213K | Add +17.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.14% | 369 | $201K | Reduce -5.1% |
| FSCO FS Credit Opportunities Corp. | 0.08% | 17,205 | $110K | No change |
Portfolio Sells Q1 2024 → Q2 2024
| GLD SPDR Gold Shares | Reduce -14.7% | 9.47% | −6.16 |
| SLV iShares Silver Trust | Reduce -9.6% | 11.18% | −4.39 |
| EEM iShares MSCI Emerging Market | Reduce -22.3% | 2.67% | −2.21 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -4.6% | 3.14% | −1.70 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -27.7% | 0.96% | −1.06 |
| PXD Pioneer Natural Resources Co. | Sold out | 0.00% | −0.47 |
| AEM Agnico Eagle Mines Ltd. | Reduce -21.9% | 0.58% | −0.41 |
| SCCO Southern Copper Corp. | Reduce -38.3% | 0.21% | −0.29 |
| PAAS Pan American Silver Corp. | Reduce -20.6% | 0.54% | −0.22 |
| ES Eversource Energy | Sold out | 0.00% | −0.22 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -5.1% | 0.14% | −0.07 |
| NVDA Nvidia Corp. | Reduce -7.5% | 0.37% | −0.06 |
| NSTGQ Nanostring Technologies Inc. | Sold out | 0.00% | −0.00 |
Portfolio Buys Q1 2024 → Q2 2024
| GDX Vaneck Gold Miners ETF | New | 14.91% | +14.91 |
| GDXJ Vaneck Junior Gold Miners | New | 10.76% | +10.76 |
| XOP SS SPDR S&P Og Exp & Prod | Add +1092.9% | 2.29% | +1.99 |
| SCHV Schwab US Large-Cap Value | Add +251.0% | 1.12% | +0.64 |
| GNR State Street SPDR S&P Global | New | 0.60% | +0.60 |
| B Barrick Gold Corp. | New | 0.52% | +0.52 |
| VWO Vanguard Ftse Emerging Marke | Add +215.8% | 0.65% | +0.36 |
| MOS The Mosaic Co. | New | 0.31% | +0.31 |
| TS Tenaris SA-ADR | New | 0.30% | +0.30 |
| CTRA Coterra Energy Inc. | New | 0.21% | +0.21 |
| HP Helmerich & Payne | New | 0.21% | +0.21 |
| KGC Kinross Gold Corp. | Add +7.9% | 0.49% | −0.00 |
| ITOT iShares Core S&P Total U.S. | Add +29.9% | 0.20% | −0.02 |
| BTG B2GOLD Corp. | Add +34.9% | 0.43% | −0.02 |
| SSRM SSR Mining Inc. | Add +17.1% | 0.15% | −0.04 |
| AMZN Amazon.com Inc. | Add +0.9% | 0.16% | −0.06 |
| VEA Vanguard Ftse Developed ETF | Add +2.0% | 0.15% | −0.07 |
| NEM Newmont Corp. | Add +10.6% | 0.52% | −0.07 |
| XLK SS Technology Select Sector | Add +0.9% | 0.22% | −0.08 |
| CALM Cal-Maine Foods Inc. | Add +9.3% | 0.34% | −0.10 |
| GEF Greif Inc. Class A | Add +11.1% | 0.18% | −0.11 |
| ICL Icl Group Ltd. | Add +12.2% | 0.17% | −0.11 |
| SBSW Sibanye-Stillwater Ltd.-ADR | Add +10.6% | 0.28% | −0.12 |
| BHP BHP Group Ltd.-Spon ADR | Add +11.0% | 0.40% | −0.14 |
| RIO Rio Tinto PLC-Spon ADR | Add +11.9% | 0.54% | −0.15 |
| NTR Nutrien Ltd. | Add +10.0% | 0.37% | −0.16 |
| CNQ Canadian Natural Resources | Add +8.8% | 0.36% | −0.16 |
| DINO HF Sinclair Corp. | Add +9.6% | 0.34% | −0.18 |
| META Meta Platforms Inc. Class A | Add +0.1% | 0.71% | −0.29 |
| CEF Sprott Physical Gold and Sil | Add +0.3% | 4.59% | −1.62 |
| XLE SS Energy Select Sector | Add +2.3% | 4.74% | −2.32 |
| TLT iShares 20+ Year Treasury BD | Add +14.6% | 22.35% | −7.24 |
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 |