CAMBRIDGE ASSOCIATES LLC /MA/ /ADV
CIK 733986 · View on SEC EDGAR ↗
- Portfolio value
- $6.9B
- Positions
- 56
- As of
- June 30, 2026
#646 of 9,443 by 13F value · top 6.8%
Portfolio value QoQ: +10.6% 13F does not disclose cash
- Top 10 holdings weight
- 84.17%
- Top 25 holdings weight
- 95.39%
- Positions above 1%
- 14
- Effective number of positions
- 7.1
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 3.05% Est. buys $251,013,610 · sells $201,284,921
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 76.7% still held
- New positions
- 3
- Increased
- 18
- Decreased
- 20
- Closed
- 7
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Industrials
0.0%
Other/Unmapped
100.0%
Full portfolio 56 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| VOO | $1,891,610,042 | 27.30% | 2,754,197 | $236,658,267 | Down ×1 | ||
| VT | $1,417,531,750 | 20.46% | 9,031,741 | $226,740,401 | Up ×3 | ||
| VEA | $671,973,718 | 9.70% | 9,431,210 | $65,916,565 | Down ×1 | ||
| VTI | $621,271,255 | 8.97% | 1,678,930 | $70,934,211 | Down ×2 | ||
| VGIT Vanguard Intermediate-Term Treasury ETF | $373,512,143 | 5.39% | 6,332,861 | $8,848,369 | Up ×6 | ||
| VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares | $285,463,672 | 4.12% | 5,683,131 | $13,352,001 | Up ×1 | ||
| VWO | $184,063,485 | 2.66% | 3,083,657 | $25,559,316 | Up ×1 | ||
| VGLT Vanguard Long-Term Treasury ETF | $150,771,569 | 2.18% | 2,732,359 | $1,839,881 | Up ×3 | ||
| AGG | $129,475,540 | 1.87% | 1,308,098 | $32,599,237 | Up ×2 | ||
| VGSH Vanguard Short-Term Treasury ETF | $106,809,513 | 1.54% | 1,835,215 | $8,815,484 | Up ×2 | ||
| IVV | $94,730,092 | 1.37% | 126,494 | $-7,197,449 | Down ×1 | ||
| IEFA | $87,791,547 | 1.27% | 909,003 | $7,895,290 | Up ×4 | ||
| IEMG | $70,443,243 | 1.02% | 850,353 | $3,245,829 | Down ×1 | ||
| AVSC | $70,038,380 | 1.01% | 954,982 | $12,551,989 | Up ×1 | ||
| BND Vanguard Total Bond Market ETF | $56,342,909 | 0.81% | 767,510 | $3,822,861 | Up ×1 | ||
| VONV Vanguard Russell 1000 Value ETF | $54,173,024 | 0.78% | 509,576 | $6,177,301 | Down ×3 | ||
| IAU | $53,445,978 | 0.77% | 707,800 | $-11,844,524 | Down ×3 | ||
| IWB | $50,900,031 | 0.73% | 124,298 | $6,580,336 | |||
| VUG | $46,522,837 | 0.67% | 540,084 | $7,491,720 | Up ×1 | ||
| ACWI iShares MSCI ACWI ETF | $34,882,971 | 0.50% | 222,227 | $-3,128,097 | Down ×1 | ||
| VIG | $34,683,996 | 0.50% | 146,581 | $-10,114,274 | Down ×1 | ||
| IDEV | $34,574,331 | 0.50% | 388,432 | $14,457,855 | Up ×1 | ||
| QUAL | $33,579,153 | 0.48% | 153,029 | $4,226,660 | |||
| BSV | $29,465,251 | 0.43% | 378,196 | $14,832,063 | Up ×1 | ||
| VONG Vanguard Russell 1000 Growth ETF | $25,746,047 | 0.37% | 201,440 | $2,900,472 | Down ×1 | ||
| SGOV iShares 0-3 Month Treasury Bond ETF | $24,600,125 | 0.36% | 244,364 | $-20,004,334 | Down ×3 | ||
| VDE | $24,294,937 | 0.35% | 161,826 | $-3,707,434 | |||
| BIZD | $24,149,355 | 0.35% | 1,907,532 | $24,303 | Down ×1 | ||
| GQGU | $22,249,105 | 0.32% | 875,949 | $-1,322,683 | |||
| DMBS | $21,679,838 | 0.31% | 441,639 | $1,490,331 | Up ×1 | ||
| TIP | $20,224,743 | 0.29% | 184,819 | $-7,990,888 | Down ×1 | ||
| TOV | $19,740,464 | 0.28% | 626,403 | $2,617,550 | |||
| IEF iShares 7-10 Year Treasury Bond ETF | $19,177,188 | 0.28% | 202,783 | $-100,642 | Up ×2 | ||
| SPY SPY | $17,228,731 | 0.25% | 23,071 | $2,568,767 | Up ×4 | ||
| GNR | $15,468,060 | 0.22% | 229,803 | $-7,540,529 | Down ×2 | ||
| ESGV | $13,416,674 | 0.19% | 101,457 | $-10,466,411 | Down ×1 | ||
| RSP | $12,981,069 | 0.19% | 61,010 | $11,942,398 | Up ×1 | ||
| VIOO | $11,761,500 | 0.17% | 85,513 | $1,661,513 | Down ×1 | ||
| STIP | $10,046,414 | 0.14% | 98,340 | $-124,893 | |||
| VNQ | $9,115,817 | 0.13% | 94,533 | $730,740 | |||
| IWM | $7,892,521 | 0.11% | 26,269 | $1,377,809 | |||
| AOK | $7,083,664 | 0.10% | 170,773 | Up ×1 | |||
| IWV | $6,224,161 | 0.09% | 14,597 | $813,345 | |||
| QLTY | $6,164,505 | 0.09% | 148,114 | Up ×1 | |||
| VONE Vanguard Russell 1000 ETF | $4,680,433 | 0.07% | 13,818 | $602,465 | |||
| KRMN Karman Holdings Inc. Common Stock | $3,419,170 | 0.05% | 68,493 | $-16,514,160 | Down ×1 | ||
| JSTC | $3,407,229 | 0.05% | 148,918 | $-1,327,769 | Down ×2 | ||
| VTEB | $2,888,776 | 0.04% | 57,113 | $-1,138,844 | Down ×1 | ||
| EAGL | $2,724,702 | 0.04% | 84,697 | Up ×1 | |||
| VSGX | $2,599,474 | 0.04% | 31,570 | $154,414 | Down ×1 | ||
| VO | $1,608,822 | 0.02% | 19,968 | $175,219 | Up ×1 | ||
| IWR | $1,345,683 | 0.02% | 12,198 | $159,671 | |||
| ISRA | $1,012,867 | 0.01% | 15,615 | $68,729 | |||
| IBIT iShares Bitcoin Trust ETF | $981,955 | 0.01% | 29,497 | $-151,320 | |||
| ISTB iShares Core 1-5 Year USD Bond ETF | $677,092 | 0.01% | 14,033 | $-2,947 | |||
| EWC | $545,908 | 0.01% | 9,471 | $26,992 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| AOK | $7,083,664 | 170,773 | 0.10% |
| QLTY | $6,164,505 | 148,114 | 0.09% |
| EAGL | $2,724,702 | 84,697 | 0.04% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| VOO | Trimmed | -15K | +$236.7M |
| VT | Bought more | +423K | +$226.7M |
| VTI | Trimmed | -37K | +$70.9M |
| VEA | Trimmed | -27K | +$65.9M |
| AGG | Bought more | +332K | +$32.6M |
| VWO | Bought more | +151K | +$25.6M |
| SGOV | Trimmed | -199K | -$20.0M |
| BSV | Bought more | +192K | +$14.8M |
| IDEV | Bought more | +148K | +$14.5M |
| VTIP | Bought more | +235K | +$13.4M |
1 position hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| EFA | Sept. 30, 2025 | 3,508,740 | $313,646,269 | No longer tracked |
| VXUS | June 30, 2026 | 291,594 | $22,484,813 | |
| VTV | June 30, 2026 | 81,110 | $15,913,782 | No longer tracked |
| EFA | March 31, 2025 | 127,639 | $9,650,785 | No longer tracked |
| ESGD | June 30, 2026 | 63,109 | $6,034,483 | |
| USMV | March 31, 2025 | 65,881 | $5,849,932 | No longer tracked |
| VONE | March 31, 2025 | 20,387 | $5,437,621 | |
| VTEB | June 30, 2025 | 59,172 | $2,936,115 | No longer tracked |
| ESGD | March 31, 2025 | 31,737 | $2,416,455 | |
| IJR | March 31, 2025 | 20,598 | $2,373,302 | No longer tracked |
| GLDM | Dec. 31, 2025 | 30,631 | $2,341,740 | No longer tracked |
| GOVT | March 31, 2026 | 82,896 | $1,908,680 | No longer tracked |
| SPTI | March 31, 2025 | 64,010 | $1,784,599 | No longer tracked |
| IJH | June 30, 2026 | 26,049 | $1,759,089 | No longer tracked |
| ESGE | June 30, 2026 | 34,980 | $1,590,541 | |
| BKLN | June 30, 2026 | 72,046 | $1,470,459 | No longer tracked |
| IGLB | Sept. 30, 2025 | 20,000 | $1,004,200 | No longer tracked |
| URA | June 30, 2026 | 19,100 | $925,013 | No longer tracked |
| GLD | Sept. 30, 2025 | 2,196 | $669,407 | No longer tracked |
| VXF | Dec. 31, 2025 | 1,229 | $257,279 | No longer tracked |
| TLT | June 30, 2025 | 2,749 | $250,241 |