SEC 13F Intelligence

Managers / Q4 2023 · view latest →

Cambridge Investment Research Advisors, Inc.

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

Reported Value
$23M
Q4 2023
Positions
3,184
Filings on Record
31
2019–present window
Filed
Feb 9, 2024
original filing

Summary

Cambridge Investment Research Advisors, Inc. reported $23M in U.S.-listed holdings across 3,184 positions for Q4 2023.

Its largest position, AAPL, represents 3.8% of the portfolio.

Compared with Q3 2023, the fund opened 224 new positions and exited 173.

Portfolio Metrics

Turnover
+5.2%
vs prior filed quarter
Top-10 Concentration
+21.0%
share of reported value
Largest Position
+3.8%
Apple
New / Exited
224 / 173
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: 62.5%Common Stock: 33.3%Closed-End Fund: 1.3%REIT: 1.0%Other: 0.9%Other: 1.0%
  • ETP · 62.5% · $15M
  • Common Stock · 33.3% · $8M
  • Closed-End Fund · 1.3% · $312,430
  • REIT · 1.0% · $234,793
  • Other · 0.9% · $222,569
  • Other · 1.0% · $223,411

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
INNOVATOR ETFS TR QUITY MANAGDNEW+254.7K254.7K+$6,962$6,962
CGBLCAPITAL GROUP CORE BALANCEDNEW+224.3K224.3K+$6,133$6,133
FIRST TR EXCHANGE-TRADED FD INTERMEDIATENEW+270.0K270.0K+$5,648$5,648
EA SERIES TRUST ALPHA ARCNEW+48.5K48.5K+$5,098$5,098
FIRST TR EXCHANGE-TRADEDNEW+207.1K207.1K+$4,388$4,388
UNITED STS GASOLINENEW+71.1K71.1K+$4,318$4,318
PROSHARESNEW+64.8K64.8K+$4,219$4,219
WISDOMTREENEW+50.9K50.9K+$3,814$3,814

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

Holdings — Q4 2023

40 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VTVVANGUARD INDEX FDSS&P 500 ETF SHS · TOTAL STK MKT · VALUE ETF · GROWTH ETF · SMALL CP ETF6.61%$2M5.20M
2AAPLAPPLEhistory →INC COM3.84%$900,7374.68M
3ISHARESTR CORE S&P500 ETF · TR MSCI USA MIN VOL · TR MSCI USA QLT FCT · TR CORE S&P SCP ETF3.27%$766,8693.75M
4NDQINVESCO QQQ TR UNIT SERhistory →12.54%$597,1481.46M
5MSFTMICROSOFThistory →CORP COM1.90%$445,8491.19M
6GQ9SPDRS&P 500 ETF TR TR UNIT · GOLD TR GOLD SHS1.67%$392,8071.13M
7VANGUARD STAR FDS VG TLINTL STK F1.54%$360,3276.22M
8AMZNAMAZONhistory →COM INC COM1.49%$350,8612.31M
9NVDANVIDIA CORPORATIONhistory →COM1.23%$287,807581.2K
10VANGUARD BD INDEX FDSTOTAL BND MRKT · SHORT TRM BOND1.20%$281,5413.76M
11GOOGLALPHABETINC CAP STK CL A · INC CAP STK CL C1.09%$255,8791.82M
12BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.93%$218,911613.8K
13PACER FDS TR US CASH COWS1000.80%$187,2903.60M
14SCHWAB STRATEGICTR US DIVIDEND EQ0.71%$165,6002.18M
15VANGUARD SPECIALIZED FUNDS DIV APPETF0.63%$146,987862.6K
16TSLATESLAINC COM0.58%$137,259552.4K
17VANGUARD TAX-MANAGED FDS VANFTSE DEV MKT0.57%$134,5622.81M
18ISHARES TR CORE US AGGBDET0.55%$128,3141.29M
19VANGUARD CHARLOTTE FDSTOTAL INT BD ETF0.54%$125,5862.54M
20SELECT SECTOR SPDRTR TECHNOLOGY0.48%$112,998587.1K
21J P MORGAN EXCHANGE TRADEDF EQUITY PREMIUM0.46%$108,9721.98M
22SPDR SER TR PORTFOLIOS&P5000.46%$107,0741.92M
23EXMOCEXXON MOBILCORP COM0.44%$104,2251.04M
24JPMJPMORGAN CHASE &CO COM0.44%$102,511602.6K
25VANGUARD INDEX FDS EXTENDMKT ETF0.41%$96,635587.7K
26VVISAINC COM CL A0.41%$96,409370.3K
27FIRST TR VALUE LINEDIVID IN SHS0.41%$96,4052.38M
28SPDR SER TR BLOOMBERG 1-3MO0.41%$95,4361.04M
29FIRST TR EXCHANGE-TRADEDFD CAP STRENGTH ETF0.40%$94,6031.18M
30SPDR DOW JONES INDL AVERAGE UT SER10.40%$94,477250.7K
31LLYELI LILLY &CO COM0.40%$94,360161.9K
32PGPROCTER AND GAMBLECO COM0.40%$93,049635.0K
33METAMETA PLATFORMSINC CL A0.39%$90,833256.6K
34FIRST TR EXCHANGE-TRADED FD FIRSTTR ENH NEW0.38%$89,4321.50M
35VANGUARD WHITEHALL FDSHIGH DIV YLD0.38%$88,285790.9K
36RDVYFIRST TR EXCHANGE-TRADED FD RISNGDIVD ACHIV0.37%$87,9381.70M
37CGDVUSDCAPITAL GROUPDIVIDEND VALUE SHS CREATION UNI0.36%$85,3712.86M
38INVESCO EXCHANGE TRADEDFD T S&P500 EQL WGT0.35%$82,974525.8K
39VANECK ETF TRUST MRNGSTR WDEMOAT0.33%$78,514925.1K
40ISHARES TR TRS FLTRT BD0.33%$76,9391.52M

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 ↗.