Three Seasons Wealth boosts gold ETF stake, cuts small-cap holdings by a third
31 sourcesUpdated Sep 5, 2026
Think Free
The IJR Daily
Your front page, in your inbox — trending stories picked for you every morning, plus the big ones as they break.
Free, no account needed. Unsubscribe anytime.
Three Seasons Wealth LLC made several notable portfolio adjustments during the second quarter, increasing its holdings in SPDR Gold Shares by 27% to 32,448 shares worth about $12 million. The firm also raised its Vanguard Total Bond Market ETF position by 33.1% to 38,661 shares valued at approximately $2.8 million. It initiated new positions in Vertiv Holdings, buying 2,491 shares worth about $834,000, and in the iShares S&P Small-Cap 600 Growth ETF, acquiring 10,129 shares valued at roughly $1.8 million. At the same time, it reduced its iShares Russell 2000 ETF stake by 35.3%, selling 5,053 shares and retaining 9,248 shares worth about $2.8 million.
Where do you stand?
How it spread
What each side asserts, disputes — or leaves out entirely.
Whose framing of this story rings truest to you?
Free account · your comment posts right after signup
Diversifying into total bond market makes sense if rate cuts are finally on the horizon, locking in yields now.
Interesting they're still adding small-cap growth exposure through IJT while cutting Russell 2000 - seems like a quality tilt within the space.
Gold and bonds going up while small caps get trimmed feels like a classic risk-off move ahead of some expected volatility.
