CAMBRIDGE ASSOCIATES LLC /MA/ /ADV

BOSTON, MA · CIK 733986 · 13F filing filed 2026-06-23

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

$6.3bn reported value +2.5% vs Q4 2025

60positions

82.1%in top 10

4 new 23 added 14 reduced 1 sold out vs Q4 2025

Holdings, Q1 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	2,769,562	$1.7bn26.41%	26.41%	Added +24.0k	+23,952 0.9%
2	VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF VT	VT	8,608,960	$1.2bn19.00%	19.00%	Added +508.5k	+508,466 6.3%
3	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	9,457,821	$606.1m9.67%	9.67%	Added +311.1k	+311,068 3.4%
4	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	1,715,461	$550.3m8.78%	8.78%	Reduced -10.6k	-10,555 -0.6%
5	VANGUARD SCOTTSDALE FDS INTER TERM TREAS VGIT	VGIT	6,123,657	$364.7m5.82%	5.82%	Added +546.3k	+546,311 9.8%
6	VANGUARD MALVERN FDS STRM INFPROIDX VTIP	VTIP	5,447,681	$272.1m4.34%	4.34%	Reduced -198.0k	-197,980 -3.5%
7	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	2,932,547	$158.5m2.53%	2.53%	Reduced -332.3k	-332,312 -10.2%
8	VANGUARD SCOTTSDALE FDS LONG TERM TREAS VGLT	VGLT	2,690,483	$148.9m2.38%	2.38%	Added +179.7k	+179,727 7.2%
9	ISHARES TR CORE S&P500 ETF IVV	IVV	156,041	$101.9m1.63%	1.63%	Added +35.9k	+35,869 29.9%
10	VANGUARD SCOTTSDALE FDS SHORT TERM TREAS VGSH	VGSH	1,673,967	$98.0m1.56%	1.56%	Added +471.9k	+471,874 39.2%
11	ISHARES TR CORE US AGGBD ET AGG	AGG	975,887	$96.9m1.55%	1.55%	Added +20.8k	+20,822 2.2%
12	ISHARES TR CORE MSCI EAFE IEFA	IEFA	882,539	$79.9m1.28%	1.28%	Added +105.2k	+105,215 13.5%
13	ISHARES INC CORE MSCI EMKT IEMG	IEMG	963,404	$67.2m1.07%	1.07%	Added +240.0k	+240,049 33.2%
14	ISHARES GOLD TR ISHARES NEW IAU	IAU	740,591	$65.3m1.04%	1.04%	Reduced -10.2k	-10,214 -1.4%
15	AMERICAN CENTY ETF TR AVANTIS US SMALL AVSC	AVSC	922,735	$57.5m0.92%	0.92%	Unchanged
16	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	713,200	$52.5m0.84%	0.84%	Reduced -3.3k	-3,292 -0.5%
17	VANGUARD SCOTTSDALE FDS VNG RUS1000VAL VONV	VONV	512,009	$48.0m0.77%	0.77%	Reduced -14.3k	-14,312 -2.7%
18	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	208,306	$44.8m0.71%	0.71%	New
19	ISHARES TR 0-3 MNTH TREASRY SGOV	SGOV	443,120	$44.6m0.71%	0.71%	Reduced -120.9k	-120,877 -21.4%
20	ISHARES TR RUS 1000 ETF IWB	IWB	124,298	$44.3m0.71%	0.71%	Unchanged
21	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	89,359	$39.0m0.62%	0.62%	Unchanged
22	ISHARES TR MSCI ACWI ETF ACWI	ACWI	274,706	$38.0m0.61%	0.61%	Added +7.2k	+7,163 2.7%
23	ISHARES TR MSCI USA QLT FCT QUAL	QUAL	153,029	$29.4m0.47%	0.47%	Unchanged
24	ISHARES TR TIPS BD ETF TIP	TIP	255,669	$28.2m0.45%	0.45%	Added +131.5k	+131,485 105.9%
25	VANGUARD WORLD FD ENERGY ETF VDE	VDE	161,826	$28.0m0.45%	0.45%	Reduced -49.3k	-49,327 -23.4%
26	VANECK ETF TRUST BDC INCOME ETF BIZD	BIZD	2,424,628	$24.1m0.39%	0.39%	Added +676.7k	+676,672 38.7%
27	VANGUARD WORLD FD ESG US STK ETF ESGV	ESGV	212,729	$23.9m0.38%	0.38%	Added +12.6k	+12,614 6.3%
28	ADVISORS INNER CIRCLE FD III GQG US EQUITY ET GQGU	GQGU	875,949	$23.6m0.38%	0.38%	Reduced -29.5k	-29,500 -3.3%
29	SPDR INDEX SHS FDS GLB NAT RESRCE GNR	GNR	308,137	$23.0m0.37%	0.37%	Reduced -19.6k	-19,610 -6.0%
30	VANGUARD SCOTTSDALE FDS VNG RUS1000GRW VONG	VONG	208,274	$22.8m0.36%	0.36%	Unchanged
31	VANGUARD STAR FDS VG TL INTL STK F VXUS	VXUS	291,594	$22.5m0.36%	0.36%	Added +19.9k	+19,870 7.3%
32	DOUBLELINE ETF TRUST MORTGAGE ETF DMBS	DMBS	408,860	$20.2m0.32%	0.32%	Unchanged
33	ISHARES TR CORE MSCI INTL IDEV	IDEV	240,714	$20.1m0.32%	0.32%	New
34	KARMAN HLDGS INC COMMON STOCK KRMN	KRMN	249,011	$19.9m0.32%	0.32%	Unchanged
35	ISHARES TR 7-10 YR TRSY BD IEF	IEF	201,989	$19.3m0.31%	0.31%	Added +26.0k	+26,041 14.8%
36	EA SERIES TRUST JLENS 500 JEWISH TOV	TOV	626,403	$17.1m0.27%	0.27%	Added +7.5k	+7,462 1.2%
37	VANGUARD INDEX FDS VALUE ETF VTV	VTV	81,110	$15.9m0.25%	0.25%	Unchanged
38	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	22,542	$14.7m0.23%	0.23%	Added +8.4k	+8,437 59.8%
39	VANGUARD BD INDEX FDS SHORT TRM BOND BSV	BSV	186,624	$14.6m0.23%	0.23%	Unchanged
40	ISHARES TR 0-5 YR TIPS ETF STIP	STIP	98,340	$10.2m0.16%	0.16%	Added +4.5k	+4,487 4.8%
41	VANGUARD ADMIRAL FDS INC SMLLCP 600 IDX VIOO	VIOO	87,956	$10.1m0.16%	0.16%	Unchanged
42	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	94,533	$8.4m0.13%	0.13%	Unchanged
43	ISHARES TR RUSSELL 2000 ETF IWM	IWM	26,269	$6.5m0.10%	0.10%	Reduced -3.4k	-3,386 -11.4%
44	ISHARES TR ESG AW MSCI EAFE ESGD	ESGD	63,109	$6.0m0.10%	0.10%	Reduced -7.1k	-7,113 -10.1%
45	ISHARES TR RUSSELL 3000 ETF IWV	IWV	14,597	$5.4m0.09%	0.09%	Unchanged
46	TIDAL ETF TR ADASINA SOCIAL JSTC	JSTC	242,945	$4.7m0.08%	0.08%	Reduced -172.8k	-172,782 -41.6%
47	VANGUARD SCOTTSDALE FDS VNG RUS1000IDX VONE	VONE	13,818	$4.1m0.07%	0.07%	Unchanged
48	VANGUARD MUN BD FDS TAX EXEMPT BD VTEB	VTEB	80,730	$4.0m0.06%	0.06%	Added +1.5k	+1,530 1.9%
49	VANGUARD WORLD FD ESG INTL STK ETF VSGX	VSGX	34,087	$2.4m0.04%	0.04%	Added +1.8k	+1,810 5.6%
50	ISHARES TR CORE S&P MCP ETF IJH	IJH	26,049	$1.8m0.03%	0.03%	New
51	ISHARES INC ESG AWR MSCI EM ESGE	ESGE	34,980	$1.6m0.03%	0.03%	Added +16.3k	+16,330 87.6%
52	INVESCO EXCH TRADED FD TR II SR LN ETF BKLN	BKLN	72,046	$1.5m0.02%	0.02%	New
53	VANGUARD INDEX FDS MID CAP ETF VO	VO	4,992	$1.4m0.02%	0.02%	Unchanged
54	ISHARES TR RUS MID CAP ETF IWR	IWR	12,198	$1.2m0.02%	0.02%	Unchanged
55	ISHARES BITCOIN TRUST ETF SHS BEN INT IBIT	IBIT	29,497	$1.1m0.02%	0.02%	Added +17.0k	+16,966 135.4%
56	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	5,412	$1.0m0.02%	0.02%	Unchanged
57	VANECK ETF TRUST ISRAEL ETF ISRA	ISRA	15,615	$944.1k0.02%	0.02%	Unchanged
58	GLOBAL X FDS GLOBAL X URANIUM URA	URA	19,100	$925.0k0.01%	0.01%	Unchanged
59	ISHARES TR CORE 1 5 YR USD ISTB	ISTB	14,033	$680.0k0.01%	0.01%	Unchanged
60	ISHARES INC MSCI CDA ETF EWC	EWC	9,471	$518.9k0.01%	0.01%	Reduced -31.5k	-31,491 -76.9%

Sold out since Q4 2025

Security	Ticker	Shares held before	Value then
ISHARES TR GOVT	GOVT	82,896	$1.9m82.9k shares