CAMBRIDGE ASSOCIATES LLC /MA/ /ADV

CIK

733986

Location

BOSTON, MA

Portfolio Value

Small $101,017,070

Diversification

Highly concentrated

Filing Date

Global Rank

#5,343 / 8,232 ▲ 519

Top Industry

Aerospace & Defense 100.0%

3Y Alpha vs SPY

+4.1%

Period ended 2 months ago

Filed May 13, 2026 · 32d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+94.8%

SPY

+76.3%

Annualised alpha

+4.1%

Max drawdown

−31.1%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

4 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

64.6%

−3.5 pts

Top 5

100.0%

0.0 pts

Top 10

100.0%

0.0 pts

HHI

4,779

Highly concentrated−399

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Unclassified	80.3%	$81,083,740	3
Industrials	19.7%	$19,933,330	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

2 positions

Ticker	Company	Δ Shares	Shares	Value
IBIT	iShares Bitcoin Trust ETF	+16,966	29,497	$1,133,274
SPY	Spdr S&P 500 ETF Trust	+8,437	22,542	$14,659,964
No positions match the current search.

Trimmed

Positions the filer reduced

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
IAU	Ishares Gold Trust	−10,214	740,591	$65,290,502
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

4 positions · $101,017,070 total · as of Mar 31, 2026

All sectors Industrials

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
IAU	Ishares Gold Trust	Reduced	740,591	-10,214	$65,290,502	+7.1%	64.63%
KRMN	Karman Holdings Inc. Industrials	Held	249,011	0	$19,933,330	+9.4%	19.73%
SPY	Spdr S&P 500 ETF Trust	Added	22,542	+8,437	$14,659,964	+52.4%	14.51%
IBIT	iShares Bitcoin Trust ETF	Added	29,497	+16,966	$1,133,274	+82.2%	1.12%