Valley Wealth Managers initiates $22.5M CubeSmart stake, slashes Starwood Property Trust and KRE by over 98%

During the quarter ending September 30, 2026, Valley Wealth Managers, Inc. executed significant structural shifts across its $1.76 billion reported equity and ETF portfolio. The firm established notable new positions, led by an initiation in CubeSmart (CUBE) valued at $22.50 million (1.3% of reported holdings) and JPMorgan International Research Enhanced Equity ETF (JIRE) valued at $16.67 million. Additionally, the manager initiated positions in equal-weight sector funds, adding $7.56 million to the Invesco S&P 500 Equal Weight Health Care ETF (RSPH) and $6.03 million to the Invesco S&P 500 Equal Weight Energy ETF (RSPG).

Offsetting these additions, Valley Wealth sharply reduced several long-held positions to nominal levels. The firm cut its position in Starwood Property Trust (STWD) by 99% from $17.99 million down to $98,000, and slashed Honeywell Aerospace (HONA) by 96% to $373,000 (from $13.17 million). Other near-complete liquidations included the WisdomTree Europe Hedged Equity Fund (HEDJ), cut 98% from $10.81 million to $188,000, and the SPDR S&P Regional Banking ETF (KRE), which fell 99% from $9.64 million to $129,000. Core ETF holdings also saw reallocation, with the Vanguard Russell 1000 Growth ETF (VONG) trimmed 19% to $52.76 million.

Simultaneously, the manager allocated capital to large-cap value and select sector strategies. Holdings in the Vanguard Morningstar Value ETF (VTV) were boosted 29% to $49.83 million, up from $38.85 million. The firm also expanded its core industrial and retail holdings, lifting Honeywell International (HON) by 42% to $17.91 million and Dick's Sporting Goods (DKS) by 142% to $7.20 million, while adding 32% to the Invesco KBW Bank ETF (KBWB) to reach $11.74 million.

Position changes