SEC 13F Intelligence

Managers / Q3 2025 · view latest →

Cambridge Investment Research Advisors, Inc.

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

Reported Value
$36M
Q3 2025
Positions
3,715
Filings on Record
31
2019–present window
Filed
Nov 12, 2025
original filing

Summary

Cambridge Investment Research Advisors, Inc. reported $36M in U.S.-listed holdings across 3,715 positions for Q3 2025.

Its largest position, Vanguard Index Fds, represents 3.3% of the portfolio.

Compared with Q2 2025, the fund opened 307 new positions and exited 200.

Portfolio Metrics

Turnover
+2.5%
vs prior filed quarter
Top-10 Concentration
+20.8%
share of reported value
Largest Position
+3.3%
Vanguard Index Fds
New / Exited
307 / 200
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: 63.1%Common Stock: 33.3%Closed-End Fund: 1.2%Other: 0.8%ADR: 0.7%Other: 0.9%
  • ETP · 63.1% · $23M
  • Common Stock · 33.3% · $12M
  • Closed-End Fund · 1.2% · $438,177
  • Other · 0.8% · $293,530
  • ADR · 0.7% · $238,847
  • Other · 0.9% · $329,437

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ADVISORS SER TR SCHARFNEW+195.3K195.3K+$10,989$10,989
MORGAN STANLEY ETF TRUST EATON VANCENEW+108.6K108.6K+$5,490$5,490
MACQUARIE ETF TRUSTNEW+152.6K152.6K+$4,585$4,585
EA SERIES TRUST CAMBRIANEW+83.1K83.1K+$4,183$4,183
BMNRBITMINE IMMERSION TECNOLOGIENEW+71.8K71.8K+$3,726$3,726
BLACKROCK ETF TRUSTNEW+138.0K138.0K+$3,492$3,492
BLACKROCK ETF TRUSTNEW+111.8K111.8K+$2,795$2,795
HQYHEALTHEQUITYNEW+28.7K28.7K+$2,723$2,723

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

Holdings — Q3 2025

40 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VUGVANGUARD INDEX FDSS&P 500 ETF SHS · TOTAL STK MKT · GROWTH ETF · VALUE ETF6.35%$2M5.55M
2AAPLAPPLEhistory →INC COM3.07%$1M4.39M
3ISHARESTR CORE S&P500 ETF · TR S&P 500 GRWT ETF · TR MSCI USA QLT FCT · TR MSCI USA MIN VOL2.85%$1M3.91M
4NVDANVIDIA CORPORATIONhistory →COM2.84%$1M5.53M
5NDQINVESCO QQQ TR UNIT SERhistory →12.21%$804,5351.34M
6GQ9SPDRS&P 500 ETF TR TR UNIT · GOLD TR GOLD SHS1.80%$656,4081.27M
7MSFTMICROSOFThistory →CORP COM1.73%$629,9271.22M
8AMZNAMAZONhistory →COM INC COM1.45%$526,2182.40M
9GOOGLALPHABETINC CAP STK CL A · INC CAP STK CL C1.29%$469,0621.93M
10VANGUARD STAR FDS VG TLINTL STK F1.29%$468,7936.38M
11CGDVUSDCAPITAL GROUPDIVIDEND VALUE SHS CREATION UNI · GROWTH ETF SHS CREATION UNI1.18%$428,80910.03M
12BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.04%$379,219754.3K
13METAMETA PLATFORMSINC CL A0.67%$244,904333.5K
14J P MORGAN EXCHANGE TRADEDF ULTRA SHRT ETF · F EQUITY PREMIUM0.66%$239,7284.47M
15SPDR SERIES TRUST PORTFOLIOS&P5000.66%$238,6673.05M
16TSLATESLAINC COM0.62%$226,361509.0K
17PACER FDS TR US CASH COWS1000.61%$220,8583.84M
18AVGOBROADCOMINC COM0.60%$219,193664.4K
19PLTRPALANTIR TECHNOLOGIESINC CL A0.60%$217,3811.19M
20JPMJPMORGAN CHASE & CO.COM0.55%$201,765639.7K
21VANGUARD TAX-MANAGED FDS VANFTSE DEV MKT0.55%$200,1543.34M
22VANGUARD SPECIALIZED FUNDSDIV APP ETF0.52%$189,766879.4K
23SCHWAB STRATEGICTR US DIVIDEND EQ0.52%$188,1196.89M
24INVESCO EXCH TRADEDFD TR II NASDAQ 100 ETF0.49%$179,797727.6K
25VANGUARD BD INDEX FDSTOTAL BND MRKT0.49%$177,7272.39M
26SELECT SECTOR SPDRTR TECHNOLOGY0.48%$174,304618.4K
27RDVYFIRST TR EXCHANGE TRADED FD RISNGDIVD ACHIV0.48%$174,2652.59M
28INVESCO EXCHANGE TRADEDFD T S&P500 EQL WGT0.41%$150,673794.3K
29VANGUARD WHITEHALL FDSHIGH DIV YLD0.39%$141,9451.01M
30LLYELI LILLY &CO COM0.37%$134,930176.8K
31VVISAINC COM CL A0.37%$133,478391.0K
32ISHARES TR CORE US AGGBDET0.36%$132,6441.32M
33WMTWALMARTINC COM0.36%$132,4681.29M
34VANGUARD CHARLOTTE FDSTOTAL INT BD ETF0.36%$132,4072.68M
35EXMOCEXXON MOBILCORP COM0.35%$129,0711.14M
36VANGUARDWORLD FD INF TECH ETF0.35%$127,851171.2K
37COSTCOSTCO WHSLCORP NEW COM0.35%$126,788137.0K
38ABBVABBVIEINC COM0.34%$123,979535.5K
39SPDR SERIES TRUST BLOOMBERG 1-3MO0.32%$116,5721.27M
40PGPROCTER AND GAMBLECO COM0.30%$107,782701.5K

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 ↗.