Cambridge Investment Research Advisors, Inc.
CIK
1419186
Location
FAIRFIELD, IA
Portfolio Value
Large
$44,221,369,611
Diversification
Diversified
Filing Date
Global Rank
#205
/ 8,818
▼ 6
Top Industry
Semiconductors
14.3%
Period ended 4 months ago
Filed Jul 30, 2026 · 3mo
26 quarters · since Mar 2020
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Holder type
Unknown
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.
Style
Diversified active
Top 10 weight 34.8%, 40.9 effective positions, active share 53.8% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests
Turnover
Low turnover
13.5% over the last four quarters (under 30%)
Horizon
Long horizon
Value-weighted holding period 23.1 quarters (12+), a floor since 75.2% of the book was already held when coverage starts
Closest benchmark: every 13F filer's combined book, active share 53.8%; sector active share 50.0% against the combined 13F book's sector weights.
Over time 26 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
4,001 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Top Position
11.2%
−0.6 pts
Top 5
25.9%
−0.6 pts
Top 10
34.8%
−0.4 pts
HHI
244
Diversified−12
Portfolio Trend
26 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 62.8% | $27,790,770,296 |
| Technology | 12.9% | $5,690,298,331 |
| Financial Services | 6.9% | $3,062,106,015 |
| Industrials | 3.6% | $1,572,021,022 |
| Consumer Cyclical | 3.0% | $1,344,391,244 |
| Communication Services | 2.7% | $1,214,410,521 |
| Healthcare | 2.6% | $1,150,260,246 |
| Consumer Defensive | 1.9% | $827,095,377 |
| Energy | 1.3% | $587,852,138 |
| Utilities | 0.9% | $413,956,384 |
| Basic Materials | 0.7% | $295,710,373 |
| Real Estate | 0.6% | $272,497,664 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| VUG | VANGUARD GROWTH INDEX FUND | +3,166,058 | 3,704,637 | $319,117,431 | |
| ACYN | First Trust Exchange-Traded Fund | +2,149,827 | 2,189,406 | $45,517,750 | |
| SPYM | State Street(R) SPDR(R) Portfolio S&P 500(R) ETF | +1,472,608 | 3,701,184 | $325,260,049 | |
| VGT | VANGUARD INFORMATION TECHNOLOGY INDEX FUND | +1,211,850 | 1,379,203 | $164,842,342 | |
| VO | VANGUARD MID-CAP INDEX FUND | +1,027,994 | 1,355,435 | $109,207,397 | |
| USHY | iShares Broad USD High Yield Corporate Bond ETF | +817,458 | 1,208,206 | $44,727,786 | |
| — | +809,316 | 992,912 | $27,215,717 | ||
| IWF | iShares Russell 1000 Growth ETF | +607,659 | 811,537 | $100,768,549 | |
| VEA | Vanguard FTSE Developed Markets ETF | +551,924 | 4,013,947 | $285,993,723 | |
| CGMM | Capital Group U.S. Small and Mid Cap ETF | +551,838 | 1,070,088 | $35,280,801 | |
| CORO | +546,188 | 640,842 | $23,454,817 | ||
| STEX | Streamex Corp. | +540,528 | 860,672 | $731,571 | |
| CGGR | Capital Group Growth ETF | +538,935 | 5,096,748 | $240,566,505 | |
| PDBC | Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | +508,785 | 1,443,820 | $22,927,861 | |
| — | +461,941 | 888,765 | $49,913,042 | ||
| MGK | VANGUARD MEGA CAP GROWTH INDEX FUND | +446,325 | 557,807 | $49,036,813 | |
| SPHY | State Street(R) SPDR(R) Portfolio High Yield Bond ETF | +434,072 | 1,494,343 | $35,027,399 | |
| IUSB | iShares Core Universal USD Bond ETF | +433,226 | 2,054,359 | $94,808,667 | |
| PFFA | Virtus InfraCap U.S. Preferred Stock ETF | +406,987 | 1,496,322 | $30,779,343 | |
| OPTT | Ocean Power Technologies, Inc. | +400,003 | 697,003 | $181,220 | |
| VOOG | VANGUARD S&P 500 GROWTH INDEX FUND | +373,527 | 451,874 | $37,333,829 | |
| VGSH | VANGUARD SHORT-TERM TREASURY INDEX FUND | +351,274 | 893,733 | $52,015,260 | |
| VOD | Vodafone Group Public Ltd Co | +351,145 | 530,378 | $7,016,900 | |
| VGIT | VANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND | +328,370 | 1,186,483 | $69,978,767 | |
| DFCF | Dimensional Core Fixed Income ETF | +326,825 | 975,031 | $41,156,058 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| CMCT | Creative Media & Community Trust Corp | −2,094,711 | 214,645 | $697,596 | |
| JPST | JPMorgan Ultra-Short Income ETF | −1,455,810 | 2,005,435 | $101,414,847 | |
| GSY | Invesco Ultra Short Duration ETF | −1,345,230 | 284,911 | $14,288,286 | |
| FSCO | FS Credit Opportunities Corp. | −1,181,495 | 2,629,317 | $13,120,291 | |
| — | −690,668 | 1,958,249 | $179,453,938 | ||
| TLT | iShares 20+ Year Treasury Bond ETF | −635,668 | 316,382 | $27,341,732 | |
| MINT | PIMCO Enhanced Short Maturity Active Exchange-Traded Fund | −521,800 | 380,583 | $38,366,572 | |
| IVLU | iShares MSCI Intl Value Factor ETF | −490,389 | 184,125 | $7,700,107 | |
| DLN | WisdomTree U.S. LargeCap Dividend Fund | −385,583 | 367,998 | $35,445,567 | |
| SPYG | State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF | −330,617 | 740,826 | $88,150,885 | |
| VCIT | VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | −269,938 | 730,920 | $60,410,538 | |
| EFV | iShares MSCI EAFE Value ETF | −265,374 | 551,628 | $42,227,123 | |
| USMV | iShares MSCI USA Min Vol Factor ETF | −242,961 | 1,093,909 | $105,518,462 | |
| BBAG | J.P. Morgan Exchange-Traded Fund Trust | −223,696 | 67,393 | $3,096,708 | |
| EDV | Vanguard World Fund | −214,140 | 17,051 | $1,109,679 | |
| SPEM | State Street(R) SPDR(R) Portfolio Emerging Markets ETF | −207,642 | 609,960 | $31,583,728 | |
| NEAR | iShares Short Duration Bond Active ETF | −201,735 | 865,349 | $43,838,580 | |
| JMST | JPMorgan Ultra-Short Municipal Income ETF | −200,962 | 231,867 | $11,825,217 | |
| FXN | First Trust Energy AlphaDEX Fund | −200,010 | 150,980 | $3,054,325 | |
| IAGG | iShares Core International Aggregate Bond ETF | −192,491 | 284,903 | $14,416,091 | |
| IEF | iShares 7-10 Year Treasury Bond ETF | −190,216 | 812,707 | $76,857,700 | |
| IEFA | iShares Core MSCI EAFE ETF | −187,828 | 1,371,932 | $132,501,192 | |
| SCUS | Schwab Ultra-Short Income ETF | −185,342 | 1,037,220 | $26,112,013 | |
| FYT | First Trust Small Cap Value AlphaDEX Fund | −180,171 | 14,293 | $997,794 | |
| IEMG | iShares Trust | −179,299 | 1,177,752 | $97,564,975 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| SPCX | Space Exploration Technologies Corp | 260,155 | $44,450,083 | |
| EMEM | Sophus Capital Emerging Market ETF | 981,793 | $26,321,870 | |
| JUSA | JPMorgan U.S. Research Enhanced Large Cap ETF | 383,266 | $25,746,276 | |
| EMSC | EA Series Trust | 701,878 | $18,396,222 | |
| CLIP | Global X 1-3 Month T-Bill ETF | 151,956 | $15,247,265 | |
| HONA | Honeywell Aerospace Inc. | 67,271 | $14,872,272 | |
| GGOV | 217,238 | $10,924,899 | ||
| CPLB | NYLIM MacKay Core Plus Bond ETF | 205,809 | $4,301,408 | |
| — | 120,194 | $4,226,021 | ||
| ZJUN | 151,197 | $4,142,041 | ||
| DDFZ | 167,909 | $3,255,755 | ||
| VVX | V2X, Inc. | 42,328 | $3,155,975 | |
| FDXF | FedEx Freight Holding Company, Inc. | 20,289 | $3,063,639 | |
| CECO | Ceco Environmental Corp | 26,408 | $2,396,261 | |
| KLIC | Kulicke & Soffa Industries Inc | 17,683 | $2,365,278 | |
| NTSK | Netskope Inc | 203,884 | $2,230,490 | |
| TDS | Telephone & Data Systems Inc | 59,475 | $2,201,169 | |
| — | 57,594 | $2,152,748 | ||
| CBRS | Cerebras Systems Inc. | 9,683 | $2,139,943 | |
| IDVZ | Polen International Dividend Income ETF | 61,542 | $2,114,583 | |
| RJDI | RJ Eagle GCM Dividend Select Income ETF | 70,317 | $2,061,694 | |
| PFDE | Pathfinder Disciplined US Equity ETF | 64,710 | $1,804,891 | |
| MIR | Mirion Technologies, Inc. | 100,446 | $1,800,996 | |
| TENB | Tenable Holdings, Inc. | 48,508 | $1,788,975 | |
| KRYS | Krystal Biotech, Inc. | 4,805 | $1,785,874 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| STBF | Performance Trust Short Term Bond ETF | 109,449 | $2,771,248 | |
| PBH | Prestige Consumer Healthcare Inc. | 45,555 | $2,700,044 | |
| PSIX | Power Solutions International, Inc. | 44,270 | $2,695,157 | |
| MZTI | Marzetti Co | 17,892 | $2,475,000 | |
| CPRY | 88,052 | $2,389,379 | ||
| PSCE | Invesco Ltd. | 36,412 | $2,220,039 | |
| BNO | United States Brent Oil Fund, LP | 37,643 | $1,957,812 | |
| AMN | Amn Healthcare Services Inc | 86,308 | $1,582,888 | |
| CPNQ | Calamos Nasdaq-100 Structured Alt Protection ETF - December | 51,068 | $1,357,081 | |
| JANI | AllianzIM International Equity Buffer15 Uncapped Jan ETF | 49,381 | $1,208,846 | |
| SWMR | Swarmer, Inc | 24,851 | $1,172,967 | |
| XC | WisdomTree True Emerging Markets Fund | 34,365 | $1,072,188 | |
| GQQQ | Astoria US Quality Growth Kings ETF | 35,508 | $1,021,991 | |
| ROE | Astoria US Equal Weight Quality Kings ETF | 27,333 | $968,408 | |
| PSMT | Pricesmart Inc | 6,185 | $930,842 | |
| ATKR | Atkore Inc. | 15,260 | $898,966 | |
| FWRD | Forward Air Corp | 50,157 | $838,123 | |
| GOLD | Gold.com, Inc. | 19,192 | $769,215 | |
| DBEU | Xtrackers MSCI Europe Hedged Equity ETF | 15,263 | $743,613 | |
| PDBA | 20,139 | $734,469 | ||
| DDTJ | 38,834 | $721,030 | ||
| ASLV | Allspring Special Large Value ETF | 25,278 | $703,031 | |
| AGGA | EA Astoria Dynamic Core US Fixed Income ETF | 27,559 | $692,640 | |
| JANP | PGIM S&P 500 Buffer 12 ETF - January | 19,423 | $619,787 | |
| MICC | Magnum Ice Cream Co N.V. | 37,646 | $562,807 | |
| No positions match the current search. | ||||
4,001 tracked positions ·
$44,221,369,611 total
· filing declares
4,043 positions · $44,581,817
· as of Jun 30, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 4,001 positions by value
· page 1 of 81
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| VOO |
VANGUARD 500 INDEX FUND
|
Added | 2,053,386 | $1,410,286,038 | 3.19% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 4,362,491 | $1,262,330,395 | 2.85% | |
| NVDA |
Nvidia Corp
Technology
|
Added | 5,698,200 | $1,140,152,838 | 2.58% | |
| QQQ |
Invesco Qqq Trust, Series 1
|
Reduced | 1,261,786 | $929,179,210 | 2.10% | |
| IVV |
iShares Core S&P 500 ETF
|
Reduced | 1,158,646 | $867,698,402 | 1.96% | |
| VTI |
VANGUARD TOTAL STOCK MARKET INDEX FUND
|
Added | 2,171,713 | $803,620,678 | 1.82% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Added | 2,479,591 | $590,985,718 | 1.34% | |
| VXUS |
Vanguard Total International Stock ETF
|
Added | 6,284,729 | $537,281,482 | 1.21% | |
| SPY |
Spdr S&P 500 ETF Trust
|
Added | 684,105 | $510,869,090 | 1.16% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 1,291,017 | $481,575,161 | 1.09% | |
| CGDV |
Capital Group Dividend Value ETF
|
Added | 7,841,855 | $386,446,614 | 0.87% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Added | 743,469 | $372,024,452 | 0.84% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 993,366 | $354,999,207 | 0.80% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Reduced | 935,515 | $330,545,514 | 0.75% | |
| SPYM |
State Street(R) SPDR(R) Portfolio S&P 500(R) ETF
|
Added | 3,701,184 | $325,260,049 | 0.74% | |
| VUG |
VANGUARD GROWTH INDEX FUND
|
Added | 3,704,637 | $319,117,431 | 0.72% | |
| VEA |
Vanguard FTSE Developed Markets ETF
|
Added | 4,013,947 | $285,993,723 | 0.65% | |
| RDVY |
First Trust Rising Dividend Achievers ETF
|
Added | 3,454,180 | $279,995,830 | 0.63% | |
| AVGO |
Broadcom Inc.
Technology
|
Added | 719,039 | $271,616,982 | 0.61% | |
| MU |
Micron Technology Inc
Technology
|
Added | 216,740 | $250,180,814 | 0.57% | |
| CGGR |
Capital Group Growth ETF
|
Added | 5,096,748 | $240,566,505 | 0.54% | |
| CAT |
Caterpillar Inc
Industrials
|
Added | 214,076 | $227,969,532 | 0.52% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Reduced | 391,703 | $227,544,189 | 0.51% | |
| VTV |
VANGUARD VALUE INDEX FUND
|
Added | 1,043,747 | $227,463,783 | 0.51% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Added | 687,077 | $224,900,914 | 0.51% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Added | 181,813 | $218,071,984 | 0.49% | |
| SPMO |
Invesco Ltd.
Financial Services
|
Added | 1,343,836 | $217,083,267 | 0.49% | |
| XLK |
State Street(R) Technology Select Sector SPDR(R) ETF
|
Reduced | 1,113,441 | $212,132,779 | 0.48% | |
| SCHD |
Schwab U.S. Dividend Equity ETF
|
Added | 6,650,047 | $210,872,990 | 0.48% | |
| GLD |
Spdr Gold Trust
|
Reduced | 572,010 | $210,717,043 | 0.48% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
Added | 500,327 | $210,437,536 | 0.48% | |
| QQQM |
Invesco Ltd.
Financial Services
|
Added | 687,050 | $208,155,538 | 0.47% | |
| VIG |
Vanguard Specialized Funds
|
Added | 872,972 | $206,562,634 | 0.47% | |
| BND |
VANGUARD TOTAL BOND MARKET INDEX FUND
|
Added | 2,739,306 | $201,092,453 | 0.45% | |
| COWZ |
Pacer US Cash Cows 100 ETF
|
Reduced | 3,133,164 | $194,882,800 | 0.44% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Added | 342,242 | $192,781,496 | 0.44% | |
|
|
Reduced | 1,958,249 | $179,453,938 | 0.41% | ||
| VYM |
VANGUARD HIGH DIVIDEND YIELD INDEX FUND
|
Added | 1,112,040 | $175,735,681 | 0.40% | |
| VGT |
VANGUARD INFORMATION TECHNOLOGY INDEX FUND
|
Added | 1,379,203 | $164,842,342 | 0.37% | |
| XOM |
ExxonMobil Holdings Corp
Energy
|
Added | 1,149,316 | $157,134,483 | 0.36% | |
| RSP |
Victory Portfolios II
|
Reduced | 724,839 | $154,223,994 | 0.35% | |
| IVW |
iShares S&P 500 Growth ETF
|
Reduced | 1,121,121 | $154,187,771 | 0.35% | |
| AIRR |
First Trust Exchange-Traded Fund VI
|
Added | 1,154,779 | $153,874,301 | 0.35% | |
| WMT |
Walmart Inc.
Consumer Defensive
|
Reduced | 1,354,558 | $153,417,239 | 0.35% | |
| AGG |
iShares Core U.S. Aggregate Bond ETF
|
Added | 1,549,543 | $153,373,766 | 0.35% | |
| BNDX |
Vanguard Total International Bond ETF
|
Added | 3,140,804 | $152,109,137 | 0.34% | |
| CGGO |
Capital Group Global Growth Equity ETF
|
Added | 3,532,974 | $149,550,789 | 0.34% | |
| CGUS |
Capital Group Core Equity ETF
|
Added | 3,258,379 | $144,932,697 | 0.33% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Added | 566,381 | $142,524,114 | 0.32% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
Added | 287,452 | $137,278,451 | 0.31% |
Showing the top 50 of 4,001 positions. Create a free account to see every position, past quarters, search, filters and CSV export.
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.