CAMBRIDGE ASSOCIATES LLC /MA/ /ADV
Sector Allocation
- Other78.1%$5.4B
- Industrials20.5%$1.4B
- Financials1.0%$67.4M
- Technology0.4%$29.5M
AUM History
13fpro.ai/research/fund/cambridge-associates-llc-ma-adv-733986
Conviction and streaks
Concentrating · top 10 = 84.2%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
- VANGUARD$1.9B
DOV
$1.4B- VANGUARD$672.0M
- VANGUARD$621.3M
- VANGUARD$373.5M
- VANGUARD$285.5M
- VANGUARD$184.1M
- VANGUARD$150.8M
- ISHARES$129.5M
- VANGUARD$106.8M
- ISHARES$94.7M
- ISHARES$87.8M
- ISHARES$70.4M
- AMERICAN$70.0M
- VANGUARD$56.3M
- VANGUARD$54.2M
IAU
$53.4M- ISHARES$50.9M
- VANGUARD$46.5M
- ISHARES$34.9M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/cambridge-associates-llc-ma-adv-733986
CAMBRIDGE ASSOCIATES LLC /MA/ /ADV 13F holdings — Q2 2026
$6.9B portfolio (+9.8% QoQ) · 56 holdings · Q2 2026 13F · top 10 are 84% of the stock portfolio
- 1
VANGUARD INDEX FDS - S&P 500 ETF SHS
$1.9B
27.3% of stocks
-0.6%This quarter—Since filed—HeldAIQuality—Est. buy— $1.4B
20.5% of stocks
+5%This quarter-2.2%Since filed7+ qtrsHeld- 3
VANGUARD TAX-MANAGED INTL FD - FTSE DEV MKT ETF
$672.0M
9.7% of stocks
-2%This quarter—Since filed—HeldAIQuality—Est. buy— - 4
VANGUARD INDEX FDS - TOTAL STK MKT
$621.3M
9.0% of stocks
-3%This quarter—Since filed—HeldAIQuality—Est. buy— - 5
VANGUARD SCOTTSDALE FDS - INTER TERM TREAS
$373.5M
5.4% of stocks
+3%This quarter—Since filed—HeldAIQuality—Est. buy— - 6
VANGUARD MALVERN FDS - STRM INFPROIDX
$285.5M
4.1% of stocks
+4%This quarter—Since filed—HeldAIQuality—Est. buy— - 7
VANGUARD INTL EQUITY INDEX F - FTSE EMR MKT ETF
$184.1M
2.7% of stocks
+3%This quarter—Since filed—HeldAIQuality—Est. buy— - 8
VANGUARD SCOTTSDALE FDS - LONG TERM TREAS
$150.8M
2.2% of stocks
+2%This quarter—Since filed—HeldAIQuality—Est. buy— - 9
ISHARES TR - CORE US AGGBD ET
$129.5M
1.9% of stocks
+34%This quarter—Since filed—HeldAIQuality—Est. buy— - 10
VANGUARD SCOTTSDALE FDS - SHORT TERM TREAS
$106.8M
1.5% of stocks
+10%This quarter—Since filed—HeldAIQuality—Est. buy—
| # | Company | Value | Weight | This quarter | Since filed | Held | AI quality | Est. buy | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS - S&P 500 ETF SHS | $1.9B | 27.3% | -0.6% | — | — | — | — | |
| 2 | $1.4B | 20.5% | +5% | -2.2% | 7+ qtrs | 59.5#924 | Estimated buy price is Pro: unlock with a free trial | ||
| 3 | VANGUARD TAX-MANAGED INTL FD - FTSE DEV MKT ETF | $672.0M | 9.7% | -2% | — | — | — | — | |
| 4 | VANGUARD INDEX FDS - TOTAL STK MKT | $621.3M | 9.0% | -3% | — | — | — | — | |
| 5 | VANGUARD SCOTTSDALE FDS - INTER TERM TREAS | $373.5M | 5.4% | +3% | — | — | — | — | |
| 6 | VANGUARD MALVERN FDS - STRM INFPROIDX | $285.5M | 4.1% | +4% | — | — | — | — | |
| 7 | VANGUARD INTL EQUITY INDEX F - FTSE EMR MKT ETF | $184.1M | 2.7% | +3% | — | — | — | — | |
| 8 | VANGUARD SCOTTSDALE FDS - LONG TERM TREAS | $150.8M | 2.2% | +2% | — | — | — | — | |
| 9 | ISHARES TR - CORE US AGGBD ET | $129.5M | 1.9% | +34% | — | — | — | — | |
| 10 | VANGUARD SCOTTSDALE FDS - SHORT TERM TREAS | $106.8M | 1.5% | +10% | — | — | — | — |
All holdings — CAMBRIDGE ASSOCIATES LLC /MA/ /ADV (Q2 2026)
56 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | — | ISHARES TR - CORE S&P500 ETFetf/fund | — | $94.7M | 1.4% | 126K | -19% | — | — | 13F |
| 12 | — | ISHARES TR - CORE MSCI EAFEetf/fund | — | $87.8M | 1.3% | 909K | +3% | — | — | 13F |
| 13 | — | ISHARES INC - CORE MSCI EMKTetf/fund | — | $70.4M | 1.0% | 850K | -14% | — | — | 13F |
| 14 | — | AMERICAN CENTY ETF TR - AVANTIS US SMALLetf/fund | — | $70.0M | 1.0% | 955K | +3% | — | — | 13F |
| 15 | — | VANGUARD BD INDEX FDS - TOTAL BND MRKTetf/fund | — | $56.3M | 0.8% | 768K | +8% | — | — | 13F |
| 16 | — | VANGUARD SCOTTSDALE FDS - VNG RUS1000VALetf/fund | — | $54.2M | 0.8% | 510K | -0.5% | — | — | 13F |
| 17 | ISHARES GOLD TRUSTetf/fund | Financials | $53.4M | 0.8% | 708K | -4% | 7+ qtrsTrimmed 3 qtrs in a row | — | 13F | |
| 18 | — | ISHARES TR - RUS 1000 ETFetf/fund | — | $50.9M | 0.7% | 124K | — | — | — | 13F |
| 19 | — | VANGUARD INDEX FDS - GROWTH ETFetf/fund | — | $46.5M | 0.7% | 540K | +504% | — | — | 13F |
| 20 | — | ISHARES TR - MSCI ACWI ETFetf/fund | — | $34.9M | 0.5% | 222K | -19% | — | — | 13F |
| 21 | — | VANGUARD SPECIALIZED FUNDS - DIV APP ETFetf/fund | — | $34.7M | 0.5% | 147K | -30% | — | — | 13F |
| 22 | — | ISHARES TR - CORE MSCI INTLetf/fund | — | $34.6M | 0.5% | 388K | +61% | — | — | 13F |
| 23 | — | ISHARES TR - MSCI USA QLT FCTetf/fund | — | $33.6M | 0.5% | 153K | — | — | — | 13F |
| 24 | Meta Platforms, Inc.note | Technology | $29.5M | 0.4% | 378K | +103% | 7+ qtrs | 78.0 | 13F | |
| 25 | — | VANGUARD SCOTTSDALE FDS - VNG RUS1000GRWetf/fund | — | $25.7M | 0.4% | 201K | -3% | — | — | 13F |
| 26 | — | ISHARES TR - 0-3 MNTH TREASRY | — | $24.6M | 0.4% | 244K | -45% | |||
| 27 | — | VANGUARD WORLD FDS - ENERGY ETF | — | $24.3M | 0.3% | 162K | — | |||
| 28 | — | VANECK ETF TRUST - BDC INCOME ETF | — | $24.1M | 0.3% | 1.91M | -21% | |||
| 29 | — | ADVISORS INNER CIRCLE FD III - GQG US EQUITY ET | — | $22.2M | 0.3% | 876K | — | |||
| 30 | — | DOUBLELINE ETF TRUST - MORTGAGE ETF | — | $21.7M | 0.3% | 442K | +8% | |||
| 31 | — | ISHARES TR - TIPS BD ETF | — | $20.2M | 0.3% | 185K | -28% | |||
| 32 | — | EA SERIES TRUST - JLENS 500 JEWISH | — | $19.7M | 0.3% | 626K | — | |||
| 33 | — | ISHARES TR - BARCLAYS 7 10 YR | — | $19.2M | 0.3% | 203K | +0.4% | |||
| 34 | $SPY | SPDR S&P 500 ETF TRUST | — | $17.2M | 0.3% | 23K | +2% | |||
| 35 | — | SPDR INDEX SHS FDS - GLB NAT RESRCE | — | $15.5M | 0.2% | 230K | -25% | |||
| 36 | — | VANGUARD WORLD FD - ESG US STK ETF | — | $13.4M | 0.2% | 101K | -52% | |||
| 37 | $IVZ | Invesco Ltd. | Financials | $13.0M | 0.2% | 61K | +1027% | |||
| 38 | — | VANGUARD ADMIRAL FDS INC - SMLLCP 600 IDX | — | $11.8M | 0.2% | 86K | -21% | |||
| 39 | — | ISHARES TR - 0-5 YR TIPS ETF | — | $10.0M | 0.1% | 98K | — | |||
| 40 | — | VANGUARD INDEX FDS - REAL ESTATE ETF | — | $9.1M | 0.1% | 95K | — | |||
| 41 | — | ISHARES TR - RUSSELL 2000 ETF | — | $7.9M | 0.1% | 26K | — | |||
| 42 | — | ISHARES TR - CORE 30 70 ETF | — | $7.1M | 0.1% | 171K | New | |||
| 43 | — | ISHARES TR - RUSSELL 3000 ETF | — | $6.2M | 0.1% | 15K | — | |||
| 44 | — | GMO ETF TRUST - US QUALITY ETF | — | $6.2M | 0.1% | 148K | New | |||
| 45 | — | VANGUARD SCOTTSDALE FDS - VNG RUS1000IDX | — | $4.7M | 0.1% | 14K | — | |||
| 46 | $KRMN | Karman Holdings Inc. | Industrials | $3.4M | 0.1% | 68K | -72% | |||
| 47 | — | TIDAL TRUST I - ADASINA SOCIAL | — | $3.4M | 0.1% | 149K | -39% | |||
| 48 | — | VANGUARD MUN BD FDS - TAX EXEMPT BD | — | $2.9M | 0.0% | 57K | -29% | |||
| 49 | — | 2023 ETF SERIES TRUST - EAGL CAP SEL ETF | — | $2.7M | 0.0% | 85K | New | |||
| 50 | — | VANGUARD WORLD FD - ESG INTL STK ETF | — | $2.6M | 0.0% | 32K | -7% | |||
| 51 | — | VANGUARD INDEX FDS - MID CAP ETF | — | $1.6M | 0.0% | 20K | +300% | |||
| 52 | — | ISHARES TR - RUS MID CAP ETF | — | $1.3M | 0.0% | 12K | — | |||
| 53 | — | VANECK VECTORS ETF TR - ISRAEL ETF | — | $1.0M | 0.0% | 16K | — | |||
| 54 | $IBIT | iShares Bitcoin Trust ETF | Financials | $982K | 0.0% | 29K | — | |||
| 55 | — | ISHARES TR - CORE 1 5 YR USD | — | $677K | 0.0% | 14K | — | |||
| 56 | — | ISHARES INC - MSCI CDA ETF | — | $546K | 0.0% | 9,471 | — |
What changed in Q2 2026
Against the previous quarter's 13F: 3 new, 18 added to, 20 trimmed, 10 sold out. Share-count changes; largest moves by dollar size first.
New positions (3)
- ISHARES TR - CORE 30 70 ETF$7.1M
first bought this quarter
- GMO ETF TRUST - US QUALITY ETF$6.2M
first bought this quarter
- 2023 ETF SERIES TRUST - EAGL CAP SEL ETF$2.7M
first bought this quarter
Added to (18)
now $1.4B · held 7+ qtrs
- VANGUARD INDEX FDS - GROWTH ETF+504%
now $46.5M
- ISHARES TR - CORE US AGGBD ET+34%
now $129.5M
$METAMeta Platforms, Inc.+103%
now $29.5M · held 7+ qtrs
- ISHARES TR - CORE MSCI INTL+61%
now $34.6M
- VANGUARD SCOTTSDALE FDS - INTER TERM TREAS+3%
now $373.5M
+12 more in the Excel export
Trimmed (20)
- ISHARES TR - CORE S&P500 ETF-19%
now $94.7M
- VANGUARD INDEX FDS - TOTAL STK MKT-3%
now $621.3M
- ISHARES TR - 0-3 MNTH TREASRY-45%
now $24.6M
- VANGUARD WORLD FD - ESG US STK ETF-52%
now $13.4M
- VANGUARD SPECIALIZED FUNDS - DIV APP ETF-30%
now $34.7M
- VANGUARD TAX-MANAGED INTL FD - FTSE DEV MKT ETF-2%
now $672.0M
+14 more in the Excel export
Sold out (10)
- VANGUARD STAR FDSwas $22.5M
- VANGUARD INDEX FDSwas $15.9M
- ISHARES TRwas $9.8M
- ISHARES TRwas $6.0M
- ISHARES TRwas $3.6M
- ISHARES TRwas $2.6M
+4 more in the Excel export
Holdings by quarter
Every 13F CAMBRIDGE ASSOCIATES LLC /MA/ /ADV has filed, 32 earlier quarters. Pick one to see what it held then.
Is it too late to follow CAMBRIDGE ASSOCIATES /MA?
Q2 2026 13F filed with the SEC on Aug 14, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of CAMBRIDGE ASSOCIATES /MA's top 20 holdings: 60/100 (our AI quality score, weighted by position size; 3 of the 20 are scored)
Top 10 since filing
-2.4%
Value-weighted move of the 10 largest stock positions
Turnover
4%
Last quarter; 22% over the last 4
Top 10 weight
84%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
100%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 3 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q4 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
CAMBRIDGE ASSOCIATES LLC /MA/ /ADV disclosed 56 positions worth $6.9B in its Form 13F-HR for Q2 2026, followed by $DOV. During the quarter the fund opened 3 new positions and exited 10. The portfolio is most concentrated in Other (78.1% of disclosed assets). All figures are sourced directly from CAMBRIDGE ASSOCIATES LLC /MA/ /ADV’s Form 13F-HR filing with the SEC under CIK 733986.
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