SEC 13F Intelligence

Managers / Q2 2025 · view latest →

Cambridge Investment Research Advisors, Inc.

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

Reported Value
$33M
Q2 2025
Positions
3,608
Filings on Record
31
2019–present window
Filed
Jul 31, 2025
original filing

Summary

Cambridge Investment Research Advisors, Inc. reported $33M in U.S.-listed holdings across 3,608 positions for Q2 2025.

Its largest position, Vanguard Index Fds, represents 3.2% of the portfolio.

Compared with Q1 2025, the fund opened 307 new positions and exited 194.

Portfolio Metrics

Turnover
+4.6%
vs prior filed quarter
Top-10 Concentration
+20.5%
share of reported value
Largest Position
+3.2%
Vanguard Index Fds
New / Exited
307 / 194
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: 63.5%Common Stock: 32.8%Closed-End Fund: 1.2%Other: 0.8%REIT: 0.7%Other: 1.0%
  • ETP · 63.5% · $21M
  • Common Stock · 32.8% · $11M
  • Closed-End Fund · 1.2% · $403,844
  • Other · 0.8% · $264,509
  • REIT · 0.7% · $226,448
  • Other · 1.0% · $316,786

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
J P MORGAN EXCHANGE TRADED F MORTGAGENEW+707.1K707.1K+$35,489$35,489
HORIZON FDS LANDMARKNEW+549.8K549.8K+$27,966$27,966
PARNASSUS INCOME FDSNEW+245.9K245.9K+$6,259$6,259
BLACKROCK ETF TRUSTNEW+210.4K210.4K+$6,069$6,069
ISHARESNEW+113.6K113.6K+$5,476$5,476
CRWVCOREWEAVENEW+31.5K31.5K+$5,142$5,142
GOLDMAN SACHSNEW+81.6K81.6K+$4,127$4,127
EXCHANGE TRADED CONCEPTS TRU ETC 6 MEGANEW+80.2K80.2K+$3,889$3,889

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

Holdings — Q2 2025

40 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VUGVANGUARD INDEX FDSS&P 500 ETF SHS · TOTAL STK MKT · GROWTH ETF · VALUE ETF6.22%$2M5.32M
2ISHARESTR CORE S&P500 ETF · TR S&P 500 GRWT ETF · TR MSCI USA QLT FCT · TR MSCI USA MIN VOL2.95%$971,3923.96M
3AAPLAPPLEhistory →INC COM2.69%$884,8974.31M
4NVDANVIDIA CORPORATIONhistory →COM2.66%$874,3085.53M
5NDQINVESCO QQQ TR UNIT SERhistory →12.22%$729,2781.32M
6MSFTMICROSOFThistory →CORP COM1.79%$586,9401.18M
7GQ9SPDRS&P 500 ETF TR TR UNIT · GOLD TR GOLD SHS1.78%$586,6131.23M
8AMZNAMAZONhistory →COM INC COM1.57%$516,4772.35M
9VANGUARD STAR FDS VG TLINTL STK F1.35%$442,8356.41M
10BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.13%$372,372766.6K
11CGDVUSDCAPITAL GROUPDIVIDEND VALUE SHS CREATION UNI · GROWTH ETF SHS CREATION UNI1.10%$360,0809.02M
12GOOGLALPHABETINC CAP STK CL A · INC CAP STK CL C1.03%$338,1961.91M
13J P MORGAN EXCHANGE TRADEDF ULTRA SHRT ETF · F EQUITY PREMIUM0.71%$234,2214.38M
14METAMETA PLATFORMSINC CL A0.71%$233,572316.5K
15PACER FDS TR US CASH COWS1000.68%$224,1614.07M
16VANGUARD TAX-MANAGED FDS VANFTSE DEV MKT0.66%$217,0343.81M
17SPDR SERIES TRUST PORTFOLIOS&P5000.60%$198,1522.73M
18AVGOBROADCOMINC COM0.57%$188,261683.0K
19VANGUARD SPECIALIZED FUNDSDIV APP ETF0.57%$186,567911.6K
20SCHWAB STRATEGICTR US DIVIDEND EQ0.55%$181,5926.85M
21JPMJPMORGAN CHASE & CO.COM0.54%$178,449615.5K
22VANGUARD BD INDEX FDSTOTAL BND MRKT0.54%$176,8802.40M
23PLTRPALANTIR TECHNOLOGIESINC CL A0.50%$163,8391.20M
24TSLATESLAINC COM0.50%$163,472514.6K
25INVESCO EXCHANGE TRADEDFD T S&P500 EQL WGT0.49%$160,512883.2K
26RDVYFIRST TR EXCHANGE TRADED FD RISNGDIVD ACHIV0.45%$149,4082.38M
27SELECT SECTOR SPDRTR TECHNOLOGY0.43%$140,669555.5K
28SPDR SERIES TRUST BLOOMBERG 1-3MO0.42%$138,9791.52M
29VVISAINC COM CL A0.41%$133,787376.8K
30LLYELI LILLY &CO COM0.40%$132,242169.6K
31VANGUARD CHARLOTTE FDSTOTAL INT BD ETF0.40%$130,7782.64M
32INVESCO EXCH TRADEDFD TR II NASDAQ 100 ETF0.39%$128,524565.9K
33COSTCOSTCO WHSLCORP NEW COM0.39%$128,260129.6K
34WMTWALMARTINC COM0.39%$126,9801.30M
35VANGUARD WHITEHALL FDSHIGH DIV YLD0.38%$126,479948.8K
36ISHARES TR CORE US AGGBDET0.37%$122,9321.24M
37EXMOCEXXON MOBILCORP COM0.36%$119,4651.11M
38NFLXNETFLIXINC COM0.34%$112,10283.7K
39PGPROCTER AND GAMBLECO COM0.32%$104,391655.2K
40VANGUARDWORLD FD INF TECH ETF0.32%$103,620156.2K

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 ↗.