CAMBRIDGE ASSOCIATES LLC /MA/ /ADV

CIK

733986

Location

BOSTON, MA

Portfolio Value

Small $784,458,243

Diversification

Highly concentrated

Filing Date

Global Rank

#2,176 / 8,517 ▼ 71

Top Industry

Aerospace & Defense 100.0%

3Y Alpha vs SPY

+0.6%

Period ended 46 days ago

Filed Aug 14, 2026 · 1d

26 quarters · since Mar 2020

Clone Performance

Aug 2023–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+77.9%

SPY

+75.3%

Annualised alpha

+0.6%

Max drawdown

−11.9%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

85.7%

+7.1 pts

Top 5

99.5%

+1.5 pts

Top 10

100.0%

0.0 pts

HHI

7,409

Highly concentrated+1,123

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	99.6%	$781,039,073	6
Industrials	0.4%	$3,419,170	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
SPY	Spdr S&P 500 ETF Trust	+529	23,071	$17,228,730
No positions match the current search.

Trimmed

Positions the filer reduced

4 positions

Ticker	Company	Δ Shares	Shares	Value
KRMN	Karman Holdings Inc.	−180,518	68,493	$3,419,170
VEA	Vanguard FTSE Developed Markets ETF	−168,909	9,431,210	$671,973,712
VIG	Vanguard Dividend Appreciation ETF	−61,725	146,581	$34,683,996
IAU	Ishares Gold Trust	−32,791	707,800	$53,445,978
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
EAGL	Eagle Capital Select Equity ETF	84,697	$2,724,702
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
VXUS	Vanguard Total International Stock ETF	291,594	$22,484,813
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

7 tracked positions · $784,458,243 total · filing declares 56 positions · $6,929,193,459 · as of Jun 30, 2026

All sectors Industrials

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
VEA	Vanguard FTSE Developed Markets ETF	Reduced	9,431,210	-168,909	$671,973,712	+9.2%	85.66%
IAU	Ishares Gold Trust	Reduced	707,800	-32,791	$53,445,978	−18.1%	6.81%
VIG	Vanguard Dividend Appreciation ETF	Reduced	146,581	-61,725	$34,683,996	−22.6%	4.42%
SPY	Spdr S&P 500 ETF Trust	Added	23,071	+529	$17,228,730	+17.5%	2.20%
KRMN	Karman Holdings Inc. Industrials	Reduced	68,493	-180,518	$3,419,170	−82.8%	0.44%
EAGL	Eagle Capital Select Equity ETF	NEW	84,697	NEW	$2,724,702	NEW	0.35%
IBIT	iShares Bitcoin Trust ETF	Held	29,497	0	$981,955	−13.4%	0.13%

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.