Cetera Investment Advisers

Registered adviser

CIK

1666741

Location

SCHAUMBURG, IL

Portfolio Value

Mega $109,037,746,236

Diversification

Diversified

Filing Date

Global Rank

#95 / 8,818 ▲ 1

Top Industry

Semiconductors 13.3%

Period ended 4 months ago

Filed Aug 12, 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

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 105644

Roster of Oct 1, 2026

Regulatory AUM

$256,813,748,739

Main clients

Individuals and high net worth (96% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$256,813,748,739	Individuals and high net worth (96%)
Apr 2025 to Mar 2026	$163,792,814,520	Individuals and high net worth (96%)
Apr 2024 to Mar 2025	$104,468,595,111	Individuals and high net worth (96%)
May 2023 to Mar 2024	$33,356,369,941	Individuals and high net worth (95%)
Apr 2023	$33,356,369,941	Individuals and high net worth (95%)
Apr 2022 to Mar 2023	$35,761,561,074	Individuals and high net worth (95%)

3 earlier changes not shown.

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 40.1%, 23.1 effective positions, active share 57.2% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

8.0% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 21.3 quarters (12+), a floor since 54.1% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 57.2%; sector active share 54.9% 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 backtest

Portfolio Concentration

4,782 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

18.2%

−0.2 pts

Top 5

31.6%

−0.0 pts

Top 10

40.1%

−0.0 pts

HHI

433

Diversified−5

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	67.7%	$73,849,245,256	2,105
Technology	10.6%	$11,505,069,639	356
Financial Services	5.7%	$6,191,701,386	705
Industrials	3.2%	$3,533,158,220	348
Consumer Cyclical	2.8%	$3,000,132,891	238
Healthcare	2.6%	$2,796,966,278	299
Communication Services	2.4%	$2,568,760,128	95
Consumer Defensive	1.6%	$1,713,795,777	104
Energy	1.4%	$1,576,824,410	152
Utilities	0.8%	$875,671,129	74
Real Estate	0.7%	$808,561,944	153
Basic Materials	0.6%	$617,859,178	153

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
VUG	VANGUARD GROWTH INDEX FUND	+12,353,462	14,652,011	$1,262,124,227
IWF	iShares Russell 1000 Growth ETF	+4,671,134	6,240,599	$774,895,177
VO	VANGUARD MID-CAP INDEX FUND	+4,312,223	5,696,979	$459,005,598
IUSB	iShares Core Universal USD Bond ETF	+3,294,506	13,337,519	$615,526,501
—		+2,892,785	3,542,948	$97,112,204
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	+2,451,912	2,787,472	$333,158,653
FRMI	Fermi Inc.	+1,969,852	3,170,950	$29,045,902
CGCP	Capital Group Core Plus Income ETF	+1,670,729	8,989,818	$200,383,043
JBND	JPMorgan Active Bond ETF	+1,494,333	5,328,568	$285,078,388
JCPB	JPMorgan Core Plus Bond ETF	+1,401,083	3,497,566	$164,175,748
SCHD	Schwab U.S. Dividend Equity ETF	+1,302,580	25,487,103	$808,196,036
CWB	State Street(R) SPDR(R) Bloomberg Convertible Securities ETF	+1,152,743	1,274,155	$137,379,392
PULS	PGIM Ultra Short Bond ETF	+1,099,992	5,839,077	$289,326,265
SCHG	Schwab U.S. Large-Cap Growth ETF	+1,080,477	19,036,117	$644,182,199
STIP	iShares 0-5 Year TIPS Bond ETF	+983,807	1,437,435	$146,848,359
BRIE	MFS Blended Research International Equity ETF	+937,615	3,026,406	$91,760,629
FMDE	Fidelity Enhanced Mid Cap Core ETF	+895,487	2,938,701	$119,252,486
PTRB	PGIM Total Return Bond ETF	+827,394	938,184	$38,897,108
JEPI	JPMorgan Equity Premium Income ETF	+825,754	6,909,528	$390,250,141
DFSV	Dimensional US Small Cap Value ETF	+811,655	4,700,364	$182,327,119
FESM	Fidelity Enhanced Small Cap Core ETF	+801,025	2,763,133	$133,431,692
LALT	First Trust Multi-Strategy Alternative ETF	+798,377	883,878	$21,239,588
CGGR	Capital Group Growth ETF	+793,340	10,594,267	$500,049,402
SCHO	Schwab Short-Term U.S. Treasury ETF	+781,675	1,586,586	$38,300,186
CGBL	Capital Group Core Balanced ETF	+770,603	4,819,328	$182,941,690
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
IAGG	iShares Core International Aggregate Bond ETF	−1,808,128	483,840	$24,482,304
EFV	iShares MSCI EAFE Value ETF	−1,788,282	2,126,809	$162,807,228
CRGY	Crescent Energy Co	−1,586,772	1,755,007	$17,234,168
—		−1,491,963	2,856,988	$261,814,380
IEMG	iShares Trust	−1,191,185	7,574,258	$627,451,532
EDIV	State Street(R) SPDR(R) S&P Emerging Markets Dividend ETF	−1,129,621	393,938	$16,135,700
THRO		−1,109,560	3,088,229	$133,133,552
RITM	Rithm Capital Corp.	−926,483	521,069	$4,892,837
BINC		−766,461	4,066,633	$212,847,571
STWD	Starwood Property Trust, Inc.	−614,358	150,599	$2,466,811
QUAL	iShares MSCI USA Quality Factor ETF	−595,656	978,389	$214,687,898
TSLX	Sixth Street Specialty Lending, Inc.	−529,688	68,660	$1,178,892
AOD	abrdn Total Dynamic Dividend Fund	−516,605	71,923	$741,526
FDUS	FIDUS INVESTMENT Corp	−487,064	55,251	$1,053,636
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	−460,875	7,165,064	$525,987,348
QLTA	iShares Aaa - A Rated Corporate Bond ETF	−452,460	82,052	$3,899,111
TLH	iShares 10-20 Year Treasury Bond ETF	−444,153	1,662,099	$166,791,634
SBND	Columbia Short Duration Bond ETF	−439,297	120,525	$2,265,267
KEEL	Keel Infrastructure Corp.	−432,722	444,585	$2,551,917
FIIG	First Trust Intermediate Duration Investment Grade Corporate ETF	−410,281	1,319,500	$27,326,845
PTLC	Pacer Trendpilot US Large Cap ETF	−327,076	1,125,510	$65,572,212
DIVB	BlackRock, Inc.	−323,764	231,857	$14,282,391
KYN	Kayne Anderson Energy Infrastructure Fund, Inc.	−255,053	3,627,961	$50,174,700
HYGW	iShares High Yield Corporate Bond BuyWrite Strategy ETF	−232,985	84,690	$2,464,479
IVE	iShares S&P 500 Value ETF	−229,242	3,065,888	$696,140,529
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
CORO		2,947,493	$107,878,243
IALT		3,489,256	$97,873,630
GGOV		1,432,964	$72,063,759
SPCX	Space Exploration Technologies Corp	418,239	$71,460,315
HONA	Honeywell Aerospace Inc.	164,106	$36,280,554
BFLX	Cann American Corp.	1,146,568	$29,375,072
GBND	Goldman Sachs Core Bond ETF	511,414	$25,857,091
ACYN	First Trust Exchange-Traded Fund	1,068,362	$22,211,245
KBDC	Kayne Anderson BDC, Inc.	590,495	$7,989,397
GIGL	Goldman Sachs Corporate Bond ETF	152,776	$7,729,854
AGX	Argan Inc	9,457	$7,551,887
AAXJ	iShares Trust	60,921	$7,269,702
FDXF	FedEx Freight Holding Company, Inc.	45,711	$6,902,361
BCSF	Bain Capital Specialty Finance, Inc.	445,675	$5,579,851
CGHY	Capital Group High Yield Bond ETF	217,690	$5,514,087
XSVN	BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF	87,691	$4,145,153
GSC	Goldman Sachs Small Cap Equity ETF	52,010	$3,600,652
SCOP	Sprott Physical Copper Trust	294,818	$3,356,797
HAUZ	Xtrackers International Real Estate ETF	146,539	$3,285,404
—		35,187	$2,938,114
CBRS	Cerebras Systems Inc.	12,932	$2,857,972
ALM	Almonty Industries Inc.	169,528	$2,807,383
—		75,331	$2,703,629
NASA	Tema Etfs LLC	87,735	$2,665,389
TINY	ProShares Nanotechnology ETF	24,952	$2,421,342
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
—		565,154	$19,859,518
LST	Leuthold Select Industries ETF	178,582	$7,223,641
NXJ	NUVEEN NEW JERSEY QUALITY MUNICIPAL INCOME FUND	346,509	$4,262,057
GREK	Global X MSCI Greece ETF	39,842	$2,544,708
—		91,006	$1,901,145
ARIS	Aris Mining Corp	95,616	$1,775,589
EWK	iShares MSCI Belgium ETF	67,993	$1,652,909
BTCK	Teucrium Commodity Trust	140,402	$1,465,797
—		1,250,000	$1,450,000
NOM	NUVEEN MISSOURI QUALITY MUNICIPAL INCOME FUND	126,274	$1,335,975
EGO	Eldorado Gold Corp	38,703	$1,328,673
SBAR		46,650	$1,144,791
—		14,786	$1,117,699
TAL	TAL Education Group	79,143	$899,855
AGGH	Simplify Exchange Traded Funds	43,255	$880,239
MLPD	Global X MLP & Energy Infrastructure Covered Call ETF	32,900	$840,233
—		12,154	$789,290
IEZ	iShares U.S. Oil Equipment & Services ETF	26,241	$759,676
DMC	Del Monte Corp	18,582	$748,111
VALQ	American Century U.S. Quality Value ETF	8,840	$574,785
HROW	Harrow, Inc.	16,059	$566,240
ANGO	Angiodynamics Inc	49,425	$561,962
KEP	Korea Electric Power Corp	37,542	$534,973
FBP	First Bancorp	24,987	$533,722
FLC	Flaherty & Crumrine Total Return Fund Inc	28,839	$478,727
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

4,782 tracked positions · $109,037,746,236 total · filing declares 5,007 positions · $109,760,704,100 · 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 4,782 positions by value · page 1 of 96

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
IVV	iShares Core S&P 500 ETF	Added	4,755,509	+494,615	$3,561,353,135	+28.0%	26+	before history	3.27%
AAPL	Apple Inc. PUT CALL + SHARES Technology	Added	7,367,395	+305,684	$2,125,869,630	+18.8%	26+	before history	1.95%
NVDA	Nvidia Corp PUT CALL + SHARES Technology	Added	9,869,179	+247,933	$1,974,357,685	+17.7%	26+	before history	1.81%
VTV	VANGUARD VALUE INDEX FUND	Added	7,986,168	+245,760	$1,740,425,592	+14.6%	26+	before history	1.60%
QQQ	Invesco Qqq Trust, Series 1 PUT CALL + SHARES	Reduced	2,268,034	-61,531	$1,667,710,973	+27.5%	6	$525.12	1.53%
AGG	iShares Core U.S. Aggregate Bond ETF	Added	15,483,118	+230,765	$1,532,519,019	+1.2%	26+	before history	1.41%
VOO	VANGUARD 500 INDEX FUND PUT + SHARES	Added	2,217,664	+216,601	$1,523,047,240	+27.4%	26+	before history	1.40%
SPY	Spdr S&P 500 ETF Trust PUT CALL + SHARES	Added	1,873,668	+53,309	$1,396,513,338	+18.5%	26+	before history	1.28%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Added	3,511,558	+146,956	$1,299,416,922	+20.4%	26+	before history	1.19%
VUG	VANGUARD GROWTH INDEX FUND	Added	14,652,011	+12,353,462	$1,262,124,227	+25.7%	26+	before history	1.16%
VONG	VANGUARD RUSSELL 1000 GROWTH INDEX FUND	Added	9,549,145	+56,813	$1,220,476,222	+17.2%	23	unpriced	1.12%
MSFT	Microsoft Corp PUT CALL + SHARES Technology	Added	3,040,453	+159,013	$1,132,997,378	+6.2%	26+	before history	1.04%
IEFA	iShares Core MSCI EAFE ETF	Added	11,556,893	+77,713	$1,116,164,725	+7.4%	26+	before history	1.02%
AMZN	Amazon Com Inc PUT CALL + SHARES Consumer Cyclical	Added	4,654,994	+183,033	$1,108,964,579	+19.1%	26+	before history	1.02%
CGDV	Capital Group Dividend Value ETF	Reduced	18,275,976	-83,318	$900,640,097	+15.3%	16	$36.69	0.83%
GOOGL	Alphabet Inc. CALL + SHARES Communication Services	Added	2,274,609	+103,616	$812,845,781	+30.2%	26+	before history	0.75%
SCHD	Schwab U.S. Dividend Equity ETF	Added	25,487,103	+1,302,580	$808,196,036	+8.9%	23	unpriced	0.74%
IWF	iShares Russell 1000 Growth ETF	Added	6,240,599	+4,671,134	$774,895,177	+15.8%	26+	before history	0.71%
QQQM	Invesco Ltd. Financial Services	Added	2,385,588	+168,548	$722,761,596	+37.2%	20	$208.68	0.66%
IVE	iShares S&P 500 Value ETF	Reduced	3,065,888	-229,242	$696,140,529	+0.1%	26+	before history	0.64%
IVW	iShares S&P 500 Growth ETF	Added	4,789,797	+35,180	$658,740,781	+22.5%	26+	before history	0.60%
SCHG	Schwab U.S. Large-Cap Growth ETF	Added	19,036,117	+1,080,477	$644,182,199	+23.2%	26+	before history	0.59%
IEMG	iShares Trust	Reduced	7,574,258	-1,191,185	$627,451,532	—	26+	before history	0.58%
AVGO	Broadcom Inc. PUT CALL + SHARES Technology	Added	1,654,311	+81,458	$624,597,209	+28.4%	26+	before history	0.57%
IUSB	iShares Core Universal USD Bond ETF	Added	13,337,519	+3,294,506	$615,526,501	+32.7%	25	unpriced	0.56%
VEA	Vanguard FTSE Developed Markets ETF	Added	8,149,716	+387,650	$580,667,265	+16.7%	26+	before history	0.53%
VXUS	Vanguard Total International Stock ETF PUT + SHARES	Added	6,789,417	+179,480	$580,410,211	+13.9%	26+	before history	0.53%
GOOG	Alphabet Inc. CALL + SHARES Communication Services	Added	1,635,599	+109,761	$577,774,842	+32.0%	26+	before history	0.53%
DYNF	iShares U.S. Equity Factor Rotation Active ETF	Added	7,874,124	+425,187	$535,519,173	+23.6%	10	$50.46	0.49%
IWM	iShares Russell 2000 ETF PUT + SHARES	Added	1,779,701	+16,568	$533,660,445	+22.4%	26+	before history	0.49%
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	Reduced	7,165,064	-460,875	$525,987,348	−6.3%	26+	before history	0.48%
MU	Micron Technology Inc PUT CALL + SHARES Technology	Added	452,384	+66,387	$519,335,029	+298.2%	26+	before history	0.48%
AMD	Advanced Micro Devices Inc CALL + SHARES Technology	Reduced	886,000	-21,404	$514,686,260	+178.8%	26+	before history	0.47%
BUFR	FT Vest Laddered Buffer ETF	Added	14,067,678	+608,907	$513,892,277	+13.1%	24	unpriced	0.47%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	1,013,879	+38,629	$507,334,912	+8.6%	26+	before history	0.47%
CGGR	Capital Group Growth ETF	Added	10,594,267	+793,340	$500,049,402	+26.9%	16	$37.03	0.46%
JPM	Jpmorgan Chase & Co PUT CALL + SHARES Financial Services	Added	1,479,864	+61,786	$484,339,582	+16.1%	26+	before history	0.44%
SPYM	State Street(R) SPDR(R) Portfolio S&P 500(R) ETF PUT + SHARES	Added	5,223,457	+360,432	$459,028,823	+23.3%	25	unpriced	0.42%
VO	VANGUARD MID-CAP INDEX FUND	Added	5,696,979	+4,312,223	$459,005,598	+15.4%	26+	before history	0.42%
META	Meta Platforms, Inc. Communication Services	Added	801,693	+39,894	$451,585,649	+3.7%	26+	before history	0.41%
VYM	VANGUARD HIGH DIVIDEND YIELD INDEX FUND	Added	2,823,051	+123,115	$446,126,749	+11.6%	26+	before history	0.41%
LLY	ELI LILLY & Co Healthcare	Added	366,026	+20,056	$439,022,601	+38.0%	26+	before history	0.40%
TSLA	Tesla, Inc. PUT + SHARES Consumer Cyclical	Added	1,008,525	+49,079	$424,061,661	+18.9%	26+	before history	0.39%
IJR	iShares Core S&P Small-Cap ETF PUT + SHARES	Reduced	2,812,020	-77,535	$417,006,684	+16.1%	26+	before history	0.38%
JEPI	JPMorgan Equity Premium Income ETF	Added	6,909,528	+825,754	$390,250,141	+13.2%	19	$56.58	0.36%
SPYG	State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	Added	3,263,810	+185,929	$388,360,751	+28.9%	26+	before history	0.36%
MUB	iShares National Muni Bond ETF	Added	3,581,966	+371,030	$385,491,180	+13.1%	26+	before history	0.35%
VB	Vanguard Index Funds	Added	1,267,408	+36,440	$384,176,712	+19.2%	26+	before history	0.35%
CGGO	Capital Group Global Growth Equity ETF	Added	8,838,361	+541,882	$374,127,821	+35.1%	16	$30.82	0.34%
TSM	Taiwan Semiconductor Manufacturing Co Ltd CALL + SHARES Technology	Added	754,885	+22,276	$360,428,485	+45.6%	26+	before history	0.33%

Showing the top 50 of 4,782 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.