Cadence Wealth Management LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 10, 2025), Cadence Wealth Management LLC reported 47 stock positions worth $151.0 million. Its top holding was iShares 20+ Year Treasury BD (TLT) at 24.2% of the portfolio, followed by Vaneck Gold Miners ETF (GDX, 12.8%) and iShares Silver Trust (SLV, 10.9%). Compared with Q3 2024, it opened 4 new positions, sold out of 2, added to 32 and reduced 6. The biggest buy was a new position in Vaneck Gold Miners ETF (GDX) and the biggest sale iShares Silver Trust (SLV, shares −18%).
- Most Recent 13F
- Q2 2026
- Location
- WESTBOROUGH, MA
- CIK
- 0001845250
- Portfolio Value
- $151.0M (Q4 2024)
- SEC Filing
- 0001951757-25-000226 ↗ filed Feb 10, 2025
Holdings Value
Holdings 47 stocks · $151.0M
| TLT iShares 20+ Year Treasury BD | 24.25% | 419,202 | $36.6M | Add +6.2% |
| GDX Vaneck Gold Miners ETF | 12.76% | 568,184 | $19.3M | New |
| SLV iShares Silver Trust | 10.86% | 622,745 | $16.4M | Reduce -18.1% |
| GLD SPDR Gold Shares | 8.63% | 53,788 | $13.0M | Reduce -15.3% |
| GDXJ Vaneck Junior Gold Miners | 8.21% | 289,930 | $12.4M | New |
| CEF Sprott Physical Gold and Sil | 4.47% | 284,018 | $6.7M | Reduce -4.6% |
| XLE SS Energy Select Sector | 4.38% | 77,267 | $6.6M | Add +2.3% |
| IEF iShares 7-10 Year Treasury B | 4.16% | 68,002 | $6.3M | New |
| VEU Vanguard Ftse All-World Ex-U | 2.65% | 69,805 | $4.0M | Reduce -2.1% |
| SCHV Schwab US Large-Cap Value | 2.16% | 125,341 | $3.3M | Add +13.9% |
| XOP SS SPDR S&P Og Exp & Prod | 2.11% | 24,046 | $3.2M | Add +5.2% |
| GNR State Street SPDR S&P Global | 1.55% | 47,010 | $2.3M | Add +25.6% |
| EEM iShares MSCI Emerging Market | 1.35% | 48,660 | $2.0M | Reduce -17.0% |
| VWO Vanguard Ftse Emerging Marke | 1.21% | 41,585 | $1.8M | Add +13.6% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.93% | 8,709 | $1.4M | Add +41.5% |
| META Meta Platforms Inc. Class A | 0.78% | 2,007 | $1.2M | Add +0.1% |
| AEM Agnico Eagle Mines Ltd. | 0.67% | 12,880 | $1.0M | Add +2.4% |
| PAAS Pan American Silver Corp. | 0.53% | 39,788 | $805K | Add +3.2% |
| KGC Kinross Gold Corp. | 0.52% | 84,267 | $781K | Add +1.8% |
| AAPL Apple Inc. | 0.48% | 2,886 | $723K | Add +18.9% |
| RIO Rio Tinto PLC-Spon ADR | 0.48% | 12,201 | $718K | Add +4.1% |
| TS Tenaris SA-ADR | 0.45% | 18,149 | $686K | Add +3.3% |
| NVDA Nvidia Corp. | 0.40% | 4,473 | $601K | Add +3.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.39% | 2,005 | $581K | New |
| BTG B2GOLD Corp. | 0.38% | 237,696 | $580K | Add +3.5% |
| NTR Nutrien Ltd. | 0.37% | 12,362 | $553K | Add +18.1% |
| MOS The Mosaic Co. | 0.36% | 21,889 | $538K | Add +43.5% |
| BSX Boston Scientific Corp. | 0.35% | 5,890 | $526K | No change |
| NEM Newmont Corp. | 0.35% | 14,071 | $524K | Add +3.9% |
| BHP BHP Group Ltd.-Spon ADR | 0.34% | 10,575 | $516K | Add +4.7% |
| CNQ Canadian Natural Resources | 0.32% | 15,439 | $477K | Add +4.3% |
| ICL Icl Group Ltd. | 0.31% | 93,904 | $465K | Add +60.8% |
| ITOT iShares Core S&P Total U.S. | 0.31% | 3,583 | $461K | Add +27.6% |
| DINO HF Sinclair Corp. | 0.27% | 11,554 | $405K | Add +24.1% |
| SSRM SSR Mining Inc. | 0.23% | 48,916 | $342K | Add +4.1% |
| SBSW Sibanye-Stillwater Ltd.-ADR | 0.21% | 97,466 | $322K | Add +5.2% |
| CALM Cal-Maine Foods Inc. | 0.21% | 3,063 | $315K | Reduce -47.0% |
| CTRA Coterra Energy Inc. | 0.20% | 11,880 | $303K | Add +4.1% |
| XLK SS Technology Select Sector | 0.19% | 1,246 | $290K | No change |
| AMZN Amazon.com Inc. | 0.19% | 1,285 | $282K | Add +7.3% |
| HP Helmerich & Payne | 0.19% | 8,777 | $281K | Add +4.3% |
| SCCO Southern Copper Corp. | 0.18% | 2,919 | $266K | Add +4.1% |
| SCHX Schwab US Large-Cap ETF | 0.18% | 11,458 | $266K | Add +12.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.16% | 402 | $236K | Add +1.8% |
| CVS CVS Health Corp. | 0.14% | 4,599 | $206K | No change |
| ES Eversource Energy | 0.13% | 3,521 | $202K | No change |
| FSCO FS Credit Opportunities Corp. | 0.08% | 17,205 | $117K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| SLV iShares Silver Trust | Reduce -18.1% | 10.86% | −6.70 |
| GLD SPDR Gold Shares | Reduce -15.3% | 8.63% | −3.92 |
| CEF Sprott Physical Gold and Sil | Reduce -4.6% | 4.47% | −1.46 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -2.1% | 2.65% | −1.00 |
| EEM iShares MSCI Emerging Market | Reduce -17.0% | 1.35% | −0.84 |
| GEF Greif Inc. Class A | Sold out | 0.00% | −0.23 |
| VEA Vanguard Ftse Developed ETF | Sold out | 0.00% | −0.19 |
| CALM Cal-Maine Foods Inc. | Reduce -47.0% | 0.21% | −0.14 |
Portfolio Buys Q3 2024 → Q4 2024
| GDX Vaneck Gold Miners ETF | New | 12.76% | +12.76 |
| GDXJ Vaneck Junior Gold Miners | New | 8.21% | +8.21 |
| IEF iShares 7-10 Year Treasury B | New | 4.16% | +4.16 |
| VTI VG Morningstar TS MKT ETF-US | New | 0.39% | +0.39 |
| ICL Icl Group Ltd. | Add +60.8% | 0.31% | +0.10 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +41.5% | 0.93% | +0.09 |
| MOS The Mosaic Co. | Add +43.5% | 0.36% | +0.02 |
| AAPL Apple Inc. | Add +18.9% | 0.48% | +0.02 |
| ITOT iShares Core S&P Total U.S. | Add +27.6% | 0.31% | +0.02 |
| SSRM SSR Mining Inc. | Add +4.1% | 0.23% | +0.01 |
| AMZN Amazon.com Inc. | Add +7.3% | 0.19% | +0.01 |
| TS Tenaris SA-ADR | Add +3.3% | 0.45% | +0.00 |
| SCHX Schwab US Large-Cap ETF | Add +12.1% | 0.18% | −0.01 |
| CTRA Coterra Energy Inc. | Add +4.1% | 0.20% | −0.02 |
| HP Helmerich & Payne | Add +4.3% | 0.19% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.8% | 0.16% | −0.03 |
| NVDA Nvidia Corp. | Add +3.6% | 0.40% | −0.03 |
| NTR Nutrien Ltd. | Add +18.1% | 0.37% | −0.04 |
| DINO HF Sinclair Corp. | Add +24.1% | 0.27% | −0.07 |
| CNQ Canadian Natural Resources | Add +4.3% | 0.32% | −0.08 |
| SCCO Southern Copper Corp. | Add +4.1% | 0.18% | −0.09 |
| SBSW Sibanye-Stillwater Ltd.-ADR | Add +5.2% | 0.21% | −0.10 |
| KGC Kinross Gold Corp. | Add +1.8% | 0.52% | −0.11 |
| PAAS Pan American Silver Corp. | Add +3.2% | 0.53% | −0.12 |
| META Meta Platforms Inc. Class A | Add +0.1% | 0.78% | −0.16 |
| AEM Agnico Eagle Mines Ltd. | Add +2.4% | 0.67% | −0.16 |
| BHP BHP Group Ltd.-Spon ADR | Add +4.7% | 0.34% | −0.17 |
| BTG B2GOLD Corp. | Add +3.5% | 0.38% | −0.19 |
| RIO Rio Tinto PLC-Spon ADR | Add +4.1% | 0.48% | −0.20 |
| GNR State Street SPDR S&P Global | Add +25.6% | 1.55% | −0.21 |
| VWO Vanguard Ftse Emerging Marke | Add +13.6% | 1.21% | −0.21 |
| SCHV Schwab US Large-Cap Value | Add +13.9% | 2.16% | −0.23 |
| NEM Newmont Corp. | Add +3.9% | 0.35% | −0.24 |
| XOP SS SPDR S&P Og Exp & Prod | Add +5.2% | 2.11% | −0.34 |
| XLE SS Energy Select Sector | Add +2.3% | 4.38% | −1.01 |
| TLT iShares 20+ Year Treasury BD | Add +6.2% | 24.25% | −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 |