SBE LLC DBA CEDAR COVE WEALTH PARTNERS' Q1 2026 13F: 14 new positions, 14 exits
Form 13F-HR for the quarter ended Mar 31, 2026 · filed Apr 21, 2026 · 88 reported positions · accession 0002111343-26-000002
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | SPROTT ASSET MANAGEMENT LP (CEF) | 3.6% | — | −3.6 pts | −151K sh | −100% |
| Exited | INVESCO EXCHANGE TRADED FD T (PSP) | 3.3% | — | −3.3 pts | −94,357 sh | −100% |
| Exited | ISHARES INC (EWJ) | 3.1% | — | −3.1 pts | −72,422 sh | −100% |
| New | INVESCO EXCHANGE TRADED FD T (RSPS) | — | 2.7% | +2.7 pts | +172K sh | new |
| Reduced | SPROTT FDS TR (URNM) | 2.3% | 0.6% | −1.6 pts | −59,134 sh | −75% |
| New | VANECK MERK GOLD ETF (OUNZ) | — | 1.8% | +1.8 pts | +76,221 sh | new |
| New | VANECK ETF TRUST (IBOT) | — | 1.5% | +1.5 pts | +55,481 sh | new |
| Increased | GOLDMAN SACHS ETF TR (JUST) | 18.4% | 19.1% | +0.7 pts | +28,897 sh | +8% |
| New | RBB FD INC (LFSC) | — | 1.3% | +1.3 pts | +69,994 sh | new |
| Increased | TOUCHSTONE ETF TRUST (TSEL) | 7.3% | 7.6% | +0.3 pts | +93,234 sh | +19% |
| New | SPDR SERIES TRUST (BIL) | — | 1.2% | +1.2 pts | +24,101 sh | new |
| Increased | VANECK FDS (NODE) | 2.6% | 3.5% | +0.9 pts | +60,261 sh | +42% |
| Increased | VANECK ETF TRUST (GDX) | 1.5% | 2.5% | +1.1 pts | +19,976 sh | +61% |
| New | FIRST TR EXCHANGE-TRADED FD (GRID) | — | 0.9% | +0.9 pts | +10,786 sh | new |
| New | TEMA ETF TRUST (VOLT) | — | 0.9% | +0.9 pts | +49,278 sh | new |
| Exited | AMCOR PLC (AMCR) | 0.4% | — | −0.4 pts | −97,307 sh | −100% |
| New | AMCOR PLC (AMCRZZZZ) | — | 0.4% | +0.4 pts | +19,530 sh | new |
| Reduced | VANECK ETF TRUST (SMH) | 2.9% | 2.7% | −0.1 pts | −1,718 sh | −11% |
| Reduced | ISHARES INC (EWZ) | 1.7% | 1.7% | +0.1 pts | −14,011 sh | −14% |
| Exited | TARGA RES CORP (TRGP) | 0.2% | — | −0.2 pts | −2,587 sh | −100% |
| New | JPMORGAN CHASE & CO (JPM) | — | 0.2% | +0.2 pts | +1,564 sh | new |
| New | NEW YORK TIMES CO MTN BE (NYT) | — | 0.2% | +0.2 pts | +5,388 sh | new |
| Reduced | INVESCO EXCH TRD SLF IDX FD (BSCQ) | 2.8% | 2.6% | −0.2 pts | −21,453 sh | −8% |
| Increased | DOUBLELINE ETF TRUST (DCRE) | 2.4% | 2.6% | +0.2 pts | +7,517 sh | +9% |
| Exited | AXON ENTERPRISE INC (AXON) | 0.2% | — | −0.2 pts | −685 sh | −100% |
| Increased | ALPS ETF TR (SMTH) | 2.8% | 3.0% | +0.2 pts | +13,817 sh | +7% |
| Exited | SERVICENOW INC (NOW) | 0.2% | — | −0.2 pts | −2,252 sh | −100% |
| Increased | ELI LILLY & CO (LLY) | 0.2% | 0.3% | +0.2 pts | +370 sh | +118% |
| New | DEXCOM INC (DXCM) | — | 0.2% | +0.2 pts | +5,264 sh | new |
| New | GENERAL DYNAMICS CORP (GD) | — | 0.2% | +0.2 pts | +958 sh | new |
| Exited | NIKE INC (NKE) | 0.2% | — | −0.2 pts | −4,954 sh | −100% |
| Exited | GALLAGHER ARTHUR J & CO (AJG) | 0.2% | — | −0.2 pts | −1,182 sh | −100% |
| Exited | TARGET CORP (TGT) | 0.1% | — | −0.1 pts | −2,818 sh | −100% |
| Reduced | NETFLIX INC. (NFLX) | 0.3% | 0.1% | −0.1 pts | −2,840 sh | −55% |
| Exited | SCHWAB STRATEGIC TR (SCHM) | 0.1% | — | −0.1 pts | −8,623 sh | −100% |
| New | SNOWFLAKE INC (SNOW) | — | 0.1% | +0.1 pts | +1,632 sh | new |
| Increased | J P MORGAN EXCHANGE TRADED F (JPST) | 2.1% | 2.2% | +0.1 pts | +4,792 sh | +6% |
| Reduced | QUANTA SVCS INC (PWR) | 0.4% | 0.4% | 0.0 pts | −441 sh | −22% |
| Exited | AMERICAN EXPRESS CO (AXP) | 0.1% | — | −0.1 pts | −610 sh | −100% |
| New | MARVELL TECHNOLOGY INC (MRVL) | — | 0.1% | +0.1 pts | +2,210 sh | new |
| Exited | INTERNATIONAL BUSINESS MACHS (IBM) | 0.1% | — | −0.1 pts | −698 sh | −100% |
| Exited | MEDTRONIC PLC (MDT) | 0.1% | — | −0.1 pts | −2,108 sh | −100% |
| Increased | GOLDMAN SACHS BDC INC (GSBD) | 0.8% | 0.9% | +0.1 pts | +22,629 sh | +13% |
| Increased | UNITEDHEALTH GROUP INC (UNH) | 0.1% | 0.2% | +0.1 pts | +733 sh | +87% |
| Increased | RUNWAY GROWTH FINANCE CORP (RWAY) | 0.9% | 0.8% | −0.1 pts | +28,579 sh | +15% |
| Increased | OAKTREE SPECIALTY LENDING (OCSL) | 0.7% | 0.7% | 0.0 pts | +16,577 sh | +15% |
| Increased | TIDAL TRUST III (NMBL) | 1.2% | 1.2% | +0.1 pts | +8,760 sh | +8% |
| Increased | ISHARES TR (EUSB) | 0.8% | 0.9% | +0.1 pts | +3,692 sh | +11% |
| Reduced | INVESCO EXCH TRD SLF IDX FD (BSCR) | 1.1% | 1.0% | −0.1 pts | −7,822 sh | −7% |
| Reduced | NUSHARES ETF TR (NULG) | 1.1% | 0.9% | −0.1 pts | −1,537 sh | −7% |
The 50 largest of 101 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 55.7% of the equity book
Changes in the top 10 this quarter: RSPS entered · DCRE entered · GDX entered · CEF left · PSP left · EWJ left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | GOLDMAN SACHS ETF TR (JUST) | 18.4% | 19.1% | |
| 2 | ISHARES TR (DMXF) | 9.3% | 9.4% | |
| 3 | TOUCHSTONE ETF TRUST (TSEL) | 7.3% | 7.6% | |
| 4 | VANECK FDS (NODE) | 2.6% | 3.5% | |
| 5 | ALPS ETF TR (SMTH) | 2.8% | 3.0% | |
| 6 | VANECK ETF TRUST (SMH) | 2.9% | 2.7% | |
| 7 | INVESCO EXCHANGE TRADED FD T (RSPS) | 0.0% | 2.7% | Entered the top 10 |
| 8 | INVESCO EXCH TRD SLF IDX FD (BSCQ) | 2.8% | 2.6% | |
| 9 | DOUBLELINE ETF TRUST (DCRE) | 2.4% | 2.6% | Entered the top 10 |
| 10 | VANECK ETF TRUST (GDX) | 1.5% | 2.5% | Entered the top 10 |
| — | SPROTT ASSET MANAGEMENT LP (CEF) | 3.6% | 0.0% | Left the top 10 |
| — | INVESCO EXCHANGE TRADED FD T (PSP) | 3.3% | 0.0% | Left the top 10 |
| — | ISHARES INC (EWJ) | 3.1% | 0.0% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).