# Cedrus LLC

> Institutional holdings reported to the SEC as of Q3 2024 on Form 13F. CIK 1992810. Source: https://holderbook.com/funds/1992810-cedrus-llc/

- Reported value: $269.9M
- Positions: 182
- Weight of the ten largest: 39.0%
- Filed: 2024-10-18

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $15.3M | 39,833 | 5.7% | 12 |
| FIRST TR EXCHNG TRADED FD VI | [FIXD](https://holderbook.com/stocks/FIXD/) | $15.1M | 333,069 | 5.6% | 9 |
| FIRST TR EXCHANGE-TRADED FD | [RDVY](https://holderbook.com/stocks/RDVY/) | $12.9M | 217,793 | 4.8% | 12 |
| FIRST TR EXCHANGE-TRADED FD | [FTCS](https://holderbook.com/stocks/FTCS/) | $11.0M | 121,070 | 4.1% | 12 |
| FIRST TR EXCHANGE-TRADED FD | [RDVI](https://holderbook.com/stocks/RDVI/) | $9.9M | 403,556 | 3.7% | 6 |
| FIRST TR EXCHNG TRADED FD VI | [LDSF](https://holderbook.com/stocks/LDSF/) | $9.8M | 512,084 | 3.6% | 10 |
| VANGUARD WORLD FD | [MGV](https://holderbook.com/stocks/MGV/) | $8.2M | 63,602 | 3.0% | 10 |
| WISDOMTREE TR | [DNL](https://holderbook.com/stocks/DNL/) | $8.0M | 203,241 | 3.0% | 10 |
| ISHARES TR | [IMCG](https://holderbook.com/stocks/IMCG/) | $7.6M | 103,508 | 2.8% | 12 |
| SPDR INDEX SHS FDS | [SPDW](https://holderbook.com/stocks/SPDW/) | $7.4M | 197,311 | 2.7% | 12 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $7.1M | 26,937 | 2.6% | 10 |
| FIRST TR EXCHANGE-TRADED FD | [FTSM](https://holderbook.com/stocks/FTSM/) | $5.5M | 91,173 | 2.0% | 12 |
| ISHARES TR | [TLH](https://holderbook.com/stocks/TLH/) | $5.1M | 46,957 | 1.9% | 5 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $5.0M | 28,600 | 1.9% | 12 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $4.7M | 91,116 | 1.7% | 12 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $4.3M | 8,114 | 1.6% | 8 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $4.3M | 18,256 | 1.6% | 12 |
| PACER FDS TR | [CALF](https://holderbook.com/stocks/CALF/) | $4.2M | 90,682 | 1.6% | 7 |
| SPDR INDEX SHS FDS | [SPEM](https://holderbook.com/stocks/SPEM/) | $3.6M | 87,915 | 1.3% | 12 |
| WISDOMTREE TR | [XSOE](https://holderbook.com/stocks/XSOE/) | $3.5M | 106,393 | 1.3% | 12 |
| FIRST TR EXCHANGE-TRADED FD | [FDL](https://holderbook.com/stocks/FDL/) | $3.2M | 76,482 | 1.2% | 7 |
| DIMENSIONAL ETF TRUST | [DFAC](https://holderbook.com/stocks/DFAC/) | $3.1M | 91,243 | 1.2% | 1 |
| FIRST TR EXCH TRADED FD III | [FPE](https://holderbook.com/stocks/FPE/) | $3.0M | 164,212 | 1.1% | 12 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $2.8M | 6,534 | 1.0% | 12 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.6M | 21,792 | 1.0% | 7 |
| FIRST TR EXCHANGE-TRADED FD | [SDVY](https://holderbook.com/stocks/SDVY/) | $2.5M | 69,552 | 0.9% | 7 |
| FIRST TR EXCH TRD ALPHDX FD | [FEMS](https://holderbook.com/stocks/FEMS/) | $2.5M | 61,574 | 0.9% | 7 |
| FIRST TR EXCHANGE-TRADED FD | [LMBS](https://holderbook.com/stocks/LMBS/) | $2.4M | 48,529 | 0.9% | 7 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $2.3M | 8,508 | 0.8% | 10 |
| FIRST TR EXCHANGE-TRADED FD | [LGOV](https://holderbook.com/stocks/LGOV/) | $2.2M | 99,265 | 0.8% | 3 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.2M | 11,811 | 0.8% | 12 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $2.1M | 4,328 | 0.8% | 12 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $2.0M | 6,980 | 0.7% | 12 |
| FIRST TR EXCHANGE-TRADED FD | [KNG](https://holderbook.com/stocks/KNG/) | $1.7M | 31,447 | 0.6% | 4 |
| ISHARES TR | [IUSG](https://holderbook.com/stocks/IUSG/) | $1.7M | 12,810 | 0.6% | 1 |
| INVESCO EXCHANGE TRADED FD T | [XSVM](https://holderbook.com/stocks/XSVM/) | $1.5M | 28,055 | 0.6% | 1 |
| FIDELITY COVINGTON TRUST | [FSTA](https://holderbook.com/stocks/FSTA/) | $1.5M | 28,824 | 0.5% | 7 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.4M | 1,593 | 0.5% | 12 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.4M | 12,034 | 0.5% | 12 |
| FIRST TR EXCHNG TRADED FD VI | [BUFR](https://holderbook.com/stocks/BUFR/) | $1.3M | 45,095 | 0.5% | 2 |
| FIRST TR EXCHANGE-TRADED FD | [FTHI](https://holderbook.com/stocks/FTHI/) | $1.3M | 55,858 | 0.5% | 3 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $1.3M | 12,762 | 0.5% | 3 |
| FIDELITY COVINGTON TRUST | [FHLC](https://holderbook.com/stocks/FHLC/) | $1.3M | 17,411 | 0.5% | 5 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $1.3M | 1,781 | 0.5% | 12 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $1.2M | 14,785 | 0.5% | 5 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $1.2M | 21,496 | 0.5% | 1 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.2M | 7,382 | 0.5% | 12 |
| FIRST TR EXCHANGE TRADED FD | [CIBR](https://holderbook.com/stocks/CIBR/) | $1.1M | 18,892 | 0.4% | 8 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $1.1M | 21,843 | 0.4% | 4 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.1M | 2,680 | 0.4% | 12 |
| VANGUARD INDEX FDS | [VOT](https://holderbook.com/stocks/VOT/) | $1.1M | 4,449 | 0.4% | 3 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $1.1M | 7,885 | 0.4% | 4 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.0M | 4,906 | 0.4% | 12 |
| FIRST TR EXCHANGE-TRADED FD | [FICS](https://holderbook.com/stocks/FICS/) | $1.0M | 27,469 | 0.4% | 1 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $993.2K | 5,840 | 0.4% | 12 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $947.2K | 2,058 | 0.4% | 12 |
| FIRST TR EXCHANGE-TRADED FD | [EIPX](https://holderbook.com/stocks/EIPX/) | $925.7K | 38,282 | 0.3% | 2 |
| FIRST TR EXCHNG TRADED FD VI | [GFEB](https://holderbook.com/stocks/GFEB/) | $919.2K | 25,170 | 0.3% | 3 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $885.1K | 14,202 | 0.3% | 1 |
| VANGUARD INDEX FDS | [VOE](https://holderbook.com/stocks/VOE/) | $884.1K | 5,273 | 0.3% | 12 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $875.7K | 11,220 | 0.3% | 12 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $839.3K | 5,699 | 0.3% | 12 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $837.7K | 1,452 | 0.3% | 12 |
| FIRST TR EXCH TRADED FD III | [FTLS](https://holderbook.com/stocks/FTLS/) | $836.4K | 13,178 | 0.3% | 12 |
| PACER FDS TR | [PTLC](https://holderbook.com/stocks/PTLC/) | $831.6K | 15,825 | 0.3% | 2 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $815.8K | 3,118 | 0.3% | 10 |
| FIRST TR EXCH TRADED FD III | [FMB](https://holderbook.com/stocks/FMB/) | $812.4K | 15,634 | 0.3% | 12 |
| FIRST TR EXCHANGE-TRADED FD | [SDVD](https://holderbook.com/stocks/SDVD/) | $791.9K | 35,896 | 0.3% | 4 |
| ISHARES TR | [IWS](https://holderbook.com/stocks/IWS/) | $786.2K | 5,945 | 0.3% | 11 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $781.6K | 7,502 | 0.3% | 3 |
| VANGUARD WORLD FD | [VDE](https://holderbook.com/stocks/VDE/) | $776.6K | 6,341 | 0.3% | 9 |
| INVESCO EXCHANGE TRADED FD T | [PSP](https://holderbook.com/stocks/PSP/) | $769.0K | 11,272 | 0.3% | 1 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $768.4K | 10,693 | 0.3% | 12 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $743.1K | 14,071 | 0.3% | 4 |
| FIRST TR EXCHANGE-TRADED FD | [DOGG](https://holderbook.com/stocks/DOGG/) | $740.2K | 35,433 | 0.3% | 4 |
| FIRST TR EXCHANGE-TRADED FD | [FVD](https://holderbook.com/stocks/FVD/) | $737.3K | 16,208 | 0.3% | 12 |
| BITWISE BITCOIN ETF TR | [BITB](https://holderbook.com/stocks/BITB/) | $733.2K | 21,196 | 0.3% | 2 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $726.6K | 7,553 | 0.3% | 12 |
| FIRST TR EXCHNG TRADED FD VI | [XSEP](https://holderbook.com/stocks/XSEP/) | $691.7K | 18,029 | 0.3% | 1 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $678.3K | 1,182 | 0.3% | 12 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $677.1K | 1,158 | 0.3% | 12 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $672.3K | 16,943 | 0.2% | 12 |
| INVESCO EXCH TRD SLF IDX FD | [OMFS](https://holderbook.com/stocks/OMFS/) | $662.7K | 16,756 | 0.2% | 1 |
| CHIPOTLE MEXICAN GRILL INC | [CMG](https://holderbook.com/stocks/CMG/) | $661.0K | 11,472 | 0.2% | 12 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $648.8K | 1,669 | 0.2% | 12 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $624.0K | 1,090 | 0.2% | 2 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $620.6K | 2,257 | 0.2% | 12 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $619.7K | 7,674 | 0.2% | 12 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $617.0K | 7,298 | 0.2% | 1 |
| FIRST TR EXCHANGE TRADED FD | [AIRR](https://holderbook.com/stocks/AIRR/) | $603.9K | 8,087 | 0.2% | 2 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $576.3K | 1,167 | 0.2% | 12 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $573.7K | 2,096 | 0.2% | 4 |
| CINTAS CORP | [CTAS](https://holderbook.com/stocks/CTAS/) | $566.6K | 2,752 | 0.2% | 12 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $548.0K | 3,056 | 0.2% | 1 |
| FIRST TR EXCHNG TRADED FD VI | [BUFD](https://holderbook.com/stocks/BUFD/) | $539.7K | 21,552 | 0.2% | 1 |
| SCHWAB STRATEGIC TR | [SCHV](https://holderbook.com/stocks/SCHV/) | $520.8K | 6,480 | 0.2% | 2 |
| FIRST TR EXCHANGE-TRADED FD | [HYLS](https://holderbook.com/stocks/HYLS/) | $497.1K | 11,848 | 0.2% | 1 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $474.1K | 569 | 0.2% | 12 |
| ISHARES TR | [IUSV](https://holderbook.com/stocks/IUSV/) | $455.8K | 4,773 | 0.2% | 1 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $450.1K | 770 | 0.2% | 11 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2024 | +5.8% | +5.4% | +0.4% | 100% |
| Q2 2024 | +0.2% | +4.0% | -3.8% | 100% |
| Q1 2024 | +6.3% | +10.0% | -3.7% | 100% |
| Q4 2023 | +9.1% | +11.2% | -2.1% | 100% |
| Q3 2023 | -3.4% | -3.6% | +0.1% | 100% |
| Q2 2023 | +3.8% | +8.3% | -4.5% | 100% |
| Q1 2023 | +3.7% | +7.0% | -3.3% | 100% |
| Q4 2022 | +7.3% | +7.1% | +0.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2024 | $269.9M | 182 |
| Q2 2024 | $199.9M | 154 |
| Q1 2024 | $183.1M | 149 |
| Q4 2023 | $161.5M | 149 |
| Q3 2023 | $140.6M | 138 |
| Q2 2023 | $141.7M | 147 |
| Q1 2023 | $142.2M | 156 |
| Q4 2022 | $124.2M | 149 |
| Q3 2022 | $106.0M | 127 |
| Q2 2022 | $102.6M | 129 |
| Q1 2022 | $110.9M | 146 |
| Q4 2021 | $103.7M | 155 |