Cadence Capital Management Portfolio holdings

Cadence Capital Management's Q2 2020 Portfolio in Review

As of Q2 2020, Cadence Capital Management held 473 positions worth $689M, up 17% from $590M the previous quarter. Its ten largest holdings account for 27% of the portfolio.

Cadence Capital Management withdrew a net $21M in Q2 2020, closing 82 positions and reducing 167 holdings. Its most notable exit was Shell Midstream Partners, L.P., an estimated $7.07M position sold in full.

By sector, the portfolio is most concentrated in Energy at 33% of assets, up from 29% a quarter earlier, followed by Healthcare and Technology.

Against the trend, Cadence Capital Management opened a new position in Starbucks worth $3.06M.

• Cadence Capital Management's largest Q2 2020 buy was Starbucks: 41,650 shares worth $3.06M.
• Cadence Capital Management added most to Enterprise Products Partners in Q2 2020, an estimated $20.2M increase.
• Cadence Capital Management's biggest Q2 2020 reduction was Antero Midstream, cutting an estimated $6.7M.
• Cadence Capital Management fully exited Shell Midstream Partners, L.P. in Q2 2020, selling an estimated $7.07M.
• Cadence Capital Management's ten largest holdings make up 27% of its $689M portfolio in Q2 2020.
• Cadence Capital Management opened 51 new positions and closed 82 in Q2 2020.
• Cadence Capital Management's portfolio value rose 17% quarter-over-quarter to $689M.

Based on Cadence Capital Management's 13F filing for Q2 2020, filed 3 Aug 2020.