SEC 13F Intelligence

Managers / Q4 2019 · view latest →

Cambridge Investment Research Advisors, Inc.

CIK 0001419186 · 1776 PLEASANT PLAIN ROAD, FAIRFIELD, IA, 52556 · 641-472-5100

Reported Value
$13.0B
Q4 2019
Positions
2,403
Filings on Record
31
2019–present window
Filed
Feb 4, 2020
original filing

Summary

Cambridge Investment Research Advisors, Inc. reported $13.0B in U.S.-listed holdings across 2,403 positions for Q4 2019.

Its largest position, Vanguard Index Fds, represents 3.9% of the portfolio.

Compared with Q3 2019, the fund opened 195 new positions and exited 131.

Portfolio Metrics

Turnover
+3.4%
vs prior filed quarter
Top-10 Concentration
+18.2%
share of reported value
Largest Position
+3.9%
Vanguard Index Fds
New / Exited
195 / 131
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $9.0BQ4 ’18Q1 ’19: $10.5BQ2 ’19: $10.9BQ3 ’19: $11.4BQ4 ’19: $13.0BQ4 ’19Q1 ’20: $10.4BQ2 ’20: $13.3BQ3 ’20: $14.8BQ4 ’20: $17.1BQ4 ’20Q1 ’21: $18.4BQ2 ’21: $20.9BQ3 ’21: $20.3BQ4 ’21: $22.4BQ4 ’21Q1 ’22: $21.8BQ2 ’22: $18.6BQ3 ’22: $17.7BQ1 ’23: $20MQ1 ’23Q2 ’23: $22MQ3 ’23: $21MQ4 ’23: $23MQ1 ’24: $26MQ1 ’24Q2 ’24: $27MQ3 ’24: $29MQ4 ’24: $30MQ1 ’25: $30MQ1 ’25Q2 ’25: $33MQ3 ’25: $36MQ4 ’25: $38MQ1 ’26: $39MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 63.3%Common Stock: 30.6%Other: 2.0%Closed-End Fund: 1.6%REIT: 1.4%Other: 1.1%
  • ETP · 63.3% · $8.2B
  • Common Stock · 30.6% · $4.0B
  • Other · 2.0% · $256M
  • Closed-End Fund · 1.6% · $203M
  • REIT · 1.4% · $187M
  • Other · 1.1% · $142M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TFCTRUISTNEW+173.9K173.9K+$10M$10M
PIMCO ETF TR 15NEW+76.4K76.4K+$6M$6M
ADREUSDINVESCO BLDRS INDEX FDS TR EMGRINGNEW+117.5K117.5K+$5M$5M
DOCHEALTHPEAK PPTYSNEW+92.1K92.1K+$3M$3M
INVESCO EXCHANGE TRADEDNEW+27.2K27.2K+$2M$2M
CRUSCIRRUS LOGICNEW+23.0K23.0K+$2M$2M
ISHARESNEW+44.7K44.7K+$2M$2M
VIACOMCBS INC CLNEW+37.1K37.1K+$2M$2M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2019

37 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARESTR CORE S&P500 ETF · TR MSCI MIN VOL ETF · TR MIN VOL EAFE ETF · TR CORE S&P MCP ETF · TR S&P 500 GRWT ETF · TR CORE S&P TTL STK · TR CORE S&P SCP ETF · TR CORE MSCI EAFE5.79%$750M6.81M
2VANGUARD INDEX FDSS&P 500 ETF SHS · TOTAL STK MKT5.58%$723M3.04M
3VANGUARDBD INDEX FD INC TOTAL BND MRKT · BD INDEX FD INC SHORT TRM BOND · INTL EQUITY INDEX F FTSE EMR MKT ETF · BD INDEX FD INC LONG TERM BOND · INTL EQUITY INDEX F FTSE EUROPE ETF3.19%$414M5.90M
4AAPLAPPLEhistory →INC COM2.75%$356M1.21M
5VANGUARD STAR FD VG TLINTL STK F2.35%$304M5.46M
6NDQINVESCOhistory →QQQ TR UNIT SER 11.28%$166M778.8K
7SPDRS&P 500 ETF TR TR UNIT1.25%$161M501.2K
8VANGUARD CHARLOTTE FDSINTL BD IDX ETF1.15%$149M2.64M
9AMZNAMAZONhistory →COM INC COM1.13%$147M79.4K
10MSFTMICROSOFThistory →CORP COM0.97%$125M793.6K
11INVESCO EXCHNG TRADEDFD TR S&P500 LOW VOL · FD TR S&P MIDCP LOW0.94%$122M2.16M
12VANGUARD GROUP DIV APPETF0.86%$111M892.6K
13BRK/BBERKSHIRE HATHAWAY INC DEL CLhistory →B NEW0.80%$103M456.2K
14VANGUARD TAX MANAGEDINTL FD FTSE DEV MKT ETF0.67%$86M1.96M
15FIRST TR VALUE LINEDIVID IN SHS0.66%$86M2.38M
16TAT&Thistory →INC COM0.65%$85M2.17M
17VANGUARD INDEX FDS EXTENDMKT ETF0.63%$82M646.9K
18FIRST TR EXCH TRADED FD III HORIZON DMSTETF0.60%$78M2.79M
19VVISA INC COM CLhistory →A0.54%$70M374.8K
20PGPROCTER & GAMBLEhistory →CO COM0.54%$70M563.2K
21JNJJOHNSON & JOHNSONhistory →COM0.50%$65M443.1K
22DISDISNEY WALThistory →CO COM DISNEY0.46%$59M411.3K
23VUGVANGUARD INDEX FDS GROWTHhistory →ETF0.46%$59M324.6K
24VANGUARD SCOTTSDALE FDS MORTG-BACKSEC0.44%$57M1.08M
25ISHARES TR BARCLAYS 710 YR0.43%$56M505.0K
26VANGUARD BD INDEX FD INC INTERMEDTERM0.42%$55M630.0K
27BACVERIZON COMMUNICATIONShistory →INC COM0.41%$53M867.5K
28JP MORGAN EXCHANGE TRADEDFD ULTRA SHRT INC0.41%$53M1.05M
29VANGUARD INDEX FDS REAL ESTATEETF0.40%$52M561.0K
30JPMJPMORGAN CHASE &history →CO COM0.40%$52M371.2K
31SPDR DOW JONES INDL AVRGETF UT SER 10.40%$52M181.4K
32EXMOCEXXON MOBILhistory →CORP COM0.40%$52M740.4K
33ISHARES TR CORE US AGGBDET0.38%$49M434.1K
34METAFACEBOOK INC CLhistory →A0.37%$47M230.8K
35ISHARES TR 1 3YR TREAS BD0.37%$47M559.7K
36VANGUARD WHITEHALL FDSINC HIGH DIV YLD0.36%$46M493.8K
37GOOGLALPHABET INC CAP STK CLhistory →A0.35%$46M34.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$39M3,924Apr 30, 202613F-HRchanges · EDGAR ↗
Q4 2025$38M3,812Feb 5, 202613F-HRchanges · EDGAR ↗
Q3 2025$36M3,715Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$33M3,608Jul 31, 202513F-HRchanges · EDGAR ↗
Q1 2025$30M3,495Apr 22, 202513F-HRchanges · EDGAR ↗
Q4 2024$30M3,460Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$29M3,409Oct 28, 202413F-HRchanges · EDGAR ↗
Q2 2024$27M3,309Jul 26, 202413F-HRchanges · EDGAR ↗
Q1 2024$26M3,302Apr 24, 202413F-HRchanges · EDGAR ↗
Q4 2023$23M3,184Feb 9, 202413F-HRchanges · EDGAR ↗
Q3 2023$21M3,133Oct 24, 202313F-HRchanges · EDGAR ↗
Q2 2023$22M3,165Jul 13, 202313F-HRchanges · EDGAR ↗
Q1 2023$20M3,149May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review3,099Feb 8, 202313F-HRchanges · EDGAR ↗
Q3 2022$17.7B3,050Oct 17, 202213F-HRchanges · EDGAR ↗
Q2 2022$18.6B3,040Jul 13, 202213F-HRchanges · EDGAR ↗
Q1 2022$21.8B3,156May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$22.4B3,165Feb 3, 202213F-HRchanges · EDGAR ↗
Q3 2021$20.3B3,083Nov 2, 202113F-HRchanges · EDGAR ↗
Q2 2021$20.9B3,083Aug 10, 202113F-HRchanges · EDGAR ↗
Q1 2021$18.4B2,861May 7, 202113F-HRchanges · EDGAR ↗
Q4 2020$17.1B2,705Feb 4, 202113F-HRchanges · EDGAR ↗
Q3 2020$14.8B2,513Oct 29, 202013F-HRchanges · EDGAR ↗
Q2 2020$13.3B2,454Jul 27, 202013F-HRchanges · EDGAR ↗
Q1 2020$10.4B2,271May 8, 202013F-HRchanges · EDGAR ↗
Q4 2019$13.0B2,403Feb 4, 202013F-HRchanges · EDGAR ↗
Q3 2019$11.4B2,339Nov 6, 2019RESTATEMENTchanges · EDGAR ↗
Q2 2019$10.9B2,199Aug 15, 201913F-HRchanges · EDGAR ↗
Q1 2019$10.5B2,273May 8, 201913F-HRchanges · EDGAR ↗
Q4 2018$9.0B2,145Feb 5, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.