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Livermore
Livermore
ZHEN

Cadent Capital Advisors, LLC

SEC CIK
0001803536
Latest filing
Jul 13, 2026

The latest 13F from Cadent Capital Advisors, LLC covers Q2 2026 (filed Jul 13, 2026): 200 long positions worth $482.1M. The top 10 holdings make up 37.1% of the portfolio, and the largest is iShares Semiconductor ETF at 6.6%. Livermore has 22 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
34
Est. +$39.7M
Added
88
Est. +$30.7M
Reduced
46
Est. −$18.4M
Sold out
20
Est. −$7.99M

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares Semiconductor ETF464287523
    6.6%$31.7M
  2. Invesco Exch Traded FD Tr II46138G698
    4.6%$22.1M
  3. iShares Tr464288760
    4.6%$22.1M
  4. Vanguard Industrials ETF92204A603
    3.8%$18.5M
  5. Vanguard Scottsdale FDS92206C664
    3.7%$17.8M

Biggest buys

New and added positions, by estimated amount bought

  1. SPDR Series Trust78464A755
    +$7.59MAdded
  2. iShares Tr464287531
    +$5.78MNew
  3. State Street Financial Select Sector SPDR ETF81369Y605
    +$3.93MNew
  4. Ssga Active ETF Tr78467V608
    +$3.15MNew
  5. Global X FDS37954Y327
    +$2.86MNew

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. SPDR Series Trust78464A755
    +1.51 pp0.3% → 1.8%
  2. iShares Tr464287531
    +1.20 pp0.0% → 1.2%
  3. State Street Financial Select Sector SPDR ETF81369Y605
    +0.82 pp0.0% → 0.8%
  4. Ssga Active ETF Tr78467V608
    +0.65 pp0.0% → 0.7%
  5. Global X FDS37954Y327
    +0.59 pp0.0% → 0.6%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Tr464288836
    −$5.85MReduced
  2. MAMastercard Inc
    −$2.59MReducedHistory
  3. YUMYum Brands Inc
    −$2.10MReducedHistory
  4. QUIKQUICKLOGIC Corp
    −$1.62MSold outHistory
  5. iShares Tr464287721
    −$1.18MReduced

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. iShares Tr464288836
    −1.36 pp1.4% → 0.1%
  2. Janus Detroit STR Tr47103U845
    −0.90 pp4.0% → 3.1%
  3. MAMastercard Inc
    −0.74 pp1.1% → 0.3%History
  4. KYNKayne Anderson Energy Infrastructure Fund, Inc.
    −0.65 pp2.6% → 1.9%History
  5. YUMYum Brands Inc
    −0.64 pp1.0% → 0.4%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$482.1M
+$104.0M (+27.5%) vs. prior quarter
Positions
200
+14 vs. prior quarter
Top 10 concentration
37.1%
Top 10 as share of value
Turnover
6.1%
Q2 2026, one quarter
Average holding period
11.1 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $482.1M (Q2 2026)

Q1 2021: $225.2MQ2 2021: $240.4MQ3 2021: $224.8MQ4 2021: $226.3MQ1 2022: $219.5MQ2 2022: $170.5MQ3 2022: $167.1MQ4 2022: $167.6MQ1 2023: $168.3MQ2 2023: $160.8MQ3 2023: $206.0MQ4 2023: $197.7MQ1 2024: $249.9MQ2 2024: $246.1MQ3 2024: $294.3MQ4 2024: $286.4MQ1 2025: $263.2MQ2 2025: $305.6MQ3 2025: $377.4MQ4 2025: $378.5MQ1 2026: $378.0MQ2 2026: $482.1M
Q1 2021Q2 2026
13F filings of Cadent Capital Advisors, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 13, 2026200$482.1MiShares Semiconductor ETFInvesco Exch Traded FD Tr IIiShares Trvs. Q1 2026SEC
Q1 2026Apr 8, 2026186$378.0MInvesco Exch Traded FD Tr IIiShares TriShares Semiconductor ETFvs. Q4 2025SEC
Q4 2025Jan 13, 2026181$378.5MiShares TrVanguard Industrials ETFAAPLvs. Q3 2025SEC
Q3 2025Oct 15, 2025191$377.4MiShares TrVanguard Industrials ETFInvesco Exch Traded FD Tr IIvs. Q2 2025SEC
Q2 2025Jul 16, 2025154$305.6MiShares TrVanguard Industrials ETFiShares Trvs. Q1 2025SEC
Q1 2025Apr 21, 2025142$263.2MiShares TrInvesco Exchange Traded FD TVanguard Industrials ETFvs. Q4 2024SEC
Q4 2024Jan 13, 2025151$286.4MInvesco Exchange Traded FD TiShares TrVanguard Industrials ETFvs. Q3 2024SEC
Q3 2024Oct 18, 2024154$294.3MInvesco Exchange Traded FD TiShares TrVanguard Industrials ETFvs. Q2 2024SEC
Q2 2024Jul 11, 2024136$246.1MInvesco Exchange Traded FD TiShares TrVanguard Industrials ETFvs. Q1 2024SEC
Q1 2024Apr 11, 2024134$249.9MInvesco Exchange Traded FD TiShares TrVanguard Industrials ETFvs. Q4 2023SEC
Q4 2023Jan 17, 2024124$197.7MSPDR Series TrustInvesco Exchange Traded FD TState Street Energy Select Sector SPDR ETFvs. Q3 2023SEC
Q3 2023Oct 10, 2023128$206.0MSPDR Series TrustProShares Ultrashort S&P 500Invesco Exchange Traded FD Tvs. Q2 2023SEC
Q2 2023Jul 18, 2023128$160.8MProShares Ultrashort S&P 500SPDR Series TrustState Street Energy Select Sector SPDR ETFvs. Q1 2023SEC
Q1 2023Apr 17, 2023131$168.3MProShares TrSPDR Series TrustState Street Energy Select Sector SPDR ETFvs. Q4 2022SEC
Q4 2022Jan 13, 2023121$167.6MProShares TrSPDR Series TrustState Street Energy Select Sector SPDR ETFvs. Q3 2022SEC
Q3 2022Oct 31, 2022108$167.1MProShares TrSPDR Series TrustState Street Energy Select Sector SPDR ETFvs. Q2 2022SEC
Q2 2022Aug 5, 2022108$170.5MSPDR Series TrustiShares TrProShares Trvs. Q1 2022SEC
Q1 2022May 6, 2022131$219.5MSPDR Series TrustProShares TrState Street Energy Select Sector SPDR ETFvs. Q4 2021SEC
Q4 2021Jan 24, 2022125$226.3MSPDR Series TrustiShares Core S&P Small Cap ETFVanguard Financials ETFvs. Q3 2021SEC
Q3 2021Oct 25, 2021130$224.8MSPDR Series TrustiShares Core S&P Small Cap ETFVanguard Financials ETFvs. Q2 2021SEC
Q2 2021Jul 30, 2021141$240.4MSPDR Series TrustiShares Core S&P Small Cap ETFVanguard Financials ETFvs. Q1 2021SEC
Q1 2021May 12, 2021132$225.2MSPDR Series TrustiShares Semiconductor ETFiShares Core S&P Small Cap ETF–SEC