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Livermore
Livermore
ZHEN

Sbe LLC Dba Cedar Cove Wealth Partners

SEC CIK
0002111343
Latest filing
Jul 21, 2026

The latest 13F from Sbe LLC Dba Cedar Cove Wealth Partners covers Q2 2026 (filed Jul 21, 2026): 91 long positions worth $212.8M. The top 10 holdings make up 58.0% of the portfolio, and the largest is Goldman Sachs ETF Tr at 19.6%. Livermore has 3 filings on Form 13F from this institution, going back to Q4 2025.

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
15
Est. +$25.6M
Added
31
Est. +$14.3M
Reduced
42
Est. −$11.7M
Sold out
12
Est. −$28.6M

Top 5 holdings

Share of this quarter's portfolio value

  1. Goldman Sachs ETF Tr381430396
    19.6%$41.7M
  2. iShares Tr46436E759
    9.8%$20.8M
  3. State Street SPDR Portfolio S&P 500 ETF78464A854
    8.1%$17.3M
  4. VanEck Semiconductor ETF92189F676
    3.9%$8.22M
  5. VanEck FDS92107P780
    3.8%$8.10M

Share of portfolio

Top 5 holdings and the other 86 positions, by share of portfolio value

  1. Goldman Sachs ETF Tr19.6%
  2. iShares Tr9.8%
  3. State Street SPDR Portfolio S&P 500 ETF8.1%
  4. VanEck Semiconductor ETF3.9%
  5. VanEck FDS3.8%
  6. Other 86 positions54.8%

Biggest buys

New and added positions, by estimated amount bought

  1. State Street SPDR Portfolio S&P 500 ETF78464A854
    +$17.3MNew
  2. Sprott FDS Tr85208P303
    +$3.28MAdded
  3. Tema ETF Trust87975E834
    +$3.14MAdded
  4. First Tr Exchange-Traded FD33737A108
    +$3.08MAdded
  5. CEFSprott Physical Gold & Silver Trust
    +$2.79MNewHistory

Largest weight increases

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

  1. State Street SPDR Portfolio S&P 500 ETF78464A854
    +8.11 pp0.0% → 8.1%
  2. Tema ETF Trust87975E834
    +1.56 pp0.9% → 2.4%
  3. First Tr Exchange-Traded FD33737A108
    +1.49 pp0.9% → 2.4%
  4. Sprott FDS Tr85208P303
    +1.38 pp0.6% → 2.0%
  5. CEFSprott Physical Gold & Silver Trust
    +1.31 pp0.0% → 1.3%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Touchstone ETF Trust89157W806
    −$14.5MSold out
  2. Invesco Exchange Traded FD T46137V373
    −$5.09MSold out
  3. Invesco Exch TRD SLF Idx FD46138J791
    −$4.55MReduced
  4. OUNZVanEck Merk Gold ETF
    −$2.54MReducedHistory
  5. State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663
    −$2.21MSold out

Largest weight decreases

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

  1. Touchstone ETF Trust89157W806
    −7.60 pp7.6% → 0.0%
  2. Invesco Exchange Traded FD T46137V373
    −2.67 pp2.7% → 0.0%
  3. Invesco Exch TRD SLF Idx FD46138J791
    −2.41 pp2.6% → 0.2%
  4. OUNZVanEck Merk Gold ETF
    −1.61 pp1.8% → 0.2%History
  5. State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663
    −1.16 pp1.2% → 0.0%

Metrics

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

Portfolio value
$212.8M
+$22.3M (+11.7%) vs. prior quarter
Positions
91
+3 vs. prior quarter
Top 10 concentration
58.0%
Top 10 as share of value
Turnover
19.8%
Q2 2026, one quarter
Average holding period
2.7 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 (Q4 2025), so positions held before then are understated.

13F filings by quarter

3 quarters, going back to Q4 2025. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $212.8M (Q2 2026)

Q4 2025: $191.3MQ1 2026: $190.6MQ2 2026: $212.8M
Q4 2025Q2 2026
13F filings of Sbe LLC Dba Cedar Cove Wealth Partners by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 21, 202691$212.8MGoldman Sachs ETF TriShares TrState Street SPDR Portfolio S&P 500 ETFvs. Q1 2026SEC
Q1 2026Apr 21, 202688$190.6MGoldman Sachs ETF TriShares TrTouchstone ETF Trustvs. Q4 2025SEC
Q4 2025Feb 12, 202688$191.3MGoldman Sachs ETF TriShares TrTouchstone ETF Trust–SEC