SEC 13F Intelligence

Managers / Q4 2021 · view latest →

Cambridge Investment Research Advisors, Inc.

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

Reported Value
$22.4B
Q4 2021
Positions
3,165
Filings on Record
31
2019–present window
Filed
Feb 3, 2022
original filing

Summary

Cambridge Investment Research Advisors, Inc. reported $22.4B in U.S.-listed holdings across 3,165 positions for Q4 2021.

Its largest position, AAPL, represents 4.0% of the portfolio.

Compared with Q3 2021, the fund opened 271 new positions and exited 189.

Portfolio Metrics

Turnover
+3.9%
vs prior filed quarter
Top-10 Concentration
+20.9%
share of reported value
Largest Position
+4.0%
Apple
New / Exited
271 / 189
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: 61.9%Common Stock: 33.6%Closed-End Fund: 1.4%Other: 1.3%REIT: 1.2%Other: 0.7%
  • ETP · 61.9% · $13.8B
  • Common Stock · 33.6% · $7.5B
  • Closed-End Fund · 1.4% · $306M
  • Other · 1.3% · $290M
  • REIT · 1.2% · $269M
  • Other · 0.7% · $159M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CIONCIONNEW+424.4K424.4K+$6M$6M
IVTINVENTRUST PPTYSNEW+178.7K178.7K+$5M$5M
KRBNUSDKRANESHARESNEW+89.1K89.1K+$5M$5M
BNDDUSDKRANESHARES TR QUADRATICNEW+164.6K164.6K+$4M$4M
JXIISHARES TR GLOB UTILITSNEW+62.0K62.0K+$4M$4M
INVESCO DB US DLR INDEX TR BULLISHNEW+149.1K149.1K+$4M$4M
RIVNRIVIAN AUTOMOTIVENEW+31.8K31.8K+$3M$3M
FIRST TR EXCHANGE-TRADEDNEW+180.3K180.3K+$3M$3M

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

Holdings — Q4 2021

35 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VUGVANGUARD INDEX FDSS&P 500 ETF SHS · TOTAL STK MKT · GROWTH ETF · VALUE ETF · SMALL CP ETF6.86%$1.5B4.91M
2ISHARESTR CORE S&P500 ETF · TR MSCI USA MIN VOL · TR TIPS BD ETF · TR S&P 500 GRWT ETF · TR CORE S&P SCP ETF · TR CORE S&P MCP ETF · TR CORE MSCI EAFE · TR CORE S&P US GWT4.84%$1.1B7.62M
3AAPLAPPLEhistory →INC COM4.05%$905M5.10M
4NDQINVESCO QQQ TR UNIT SERhistory →12.37%$531M1.33M
5VANGUARD BD INDEX FDSTOTAL BND MRKT · SHORT TRM BOND · LONG TERM BOND2.21%$495M5.75M
6VANGUARD STAR FDS VG TLINTL STK F2.01%$449M7.07M
7MSFTMICROSOFThistory →CORP COM1.62%$362M1.08M
8GQ9SPDRS&P 500 ETF TR TR UNIT · GOLD TR GOLD SHS1.61%$361M1.08M
9AMZNAMAZONhistory →COM INC COM1.47%$329M98.8K
10GOOGLALPHABETINC CAP STK CL A · INC CAP STK CL C1.07%$239M82.6K
11VANGUARD CHARLOTTE FDSTOTAL INT BD ETF0.86%$192M3.48M
12VANGUARD SPECIALIZED FUNDS DIV APPETF0.84%$187M1.09M
13NVDANVIDIA CORPORATIONhistory →COM0.78%$173M589.6K
14TSLATESLAhistory →INC COM0.70%$157M148.8K
15FIRST TR VALUE LINEDIVID IN SHS0.66%$147M3.41M
16VANGUARD INDEX FDS EXTENDMKT ETF0.62%$139M757.5K
17BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW0.61%$137M459.3K
18SPDR SER TR PORTFOLIOS&P5000.60%$133M2.39M
19SELECT SECTOR SPDRTR TECHNOLOGY0.53%$118M678.0K
20RDVYFIRST TR EXCHANGE-TRADED FD RISNGhistory →DIVD ACHIV0.47%$106M2.05M
21ISHARES TR CORE US AGGBDET0.47%$105M920.1K
22FIRST TR EXCHANGE-TRADED FD CAP STRENGTHETF0.47%$104M1.23M
23PGPROCTER AND GAMBLEhistory →CO COM0.43%$97M594.4K
24VANGUARD BD INDEX FDS INTERMEDTERM0.42%$94M1.08M
25JPMJPMORGAN CHASE &history →CO COM0.42%$94M594.6K
26VANGUARDINTL EQUITY INDEX F FTSE EMR MKT ETF0.42%$93M1.89M
27VANGUARD TAX-MANAGEDINTL FD FTSE DEV MKT ETF0.41%$92M1.81M
28VANGUARD WHITEHALL FDSHIGH DIV YLD0.41%$91M814.6K
29PFEPFIZERhistory →INC COM0.41%$91M1.54M
30METAMETA PLATFORMShistory →INC CL A0.41%$91M269.3K
31DISDISNEY WALThistory →CO COM0.40%$90M583.3K
32HDHOME DEPOThistory →INC COM0.40%$90M217.0K
33ISHARES TR ESG AWRMSCI USA0.38%$85M788.4K
34JNJJOHNSON & JOHNSONhistory →COM0.37%$83M486.3K
35ARK ETF TR INNOVATIONETF0.37%$83M878.2K

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 ↗.