Cambridge Associates LLC /Ma/
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), Cambridge Associates LLC /Ma/ reported 51 stock positions worth $3.1 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 32.9% of the portfolio, followed by Vanguard Tot World STK ETF (VT, 17.3%) and Vanguard Short-Term Tips (VTIP, 6.3%). Compared with Q3 2024, it opened 2 new positions, sold out of 15, added to 16 and reduced 14. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +62%) and the biggest sale Vanguard Ftse Developed ETF (VEA, shares −7%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0000733986
- Portfolio Value
- $3.1B (Q4 2024)
- SEC Filing
- 0001062993-25-002182 ↗ filed Feb 12, 2025
Holdings Value
Holdings 51 stocks · $3.1B
| VOO Vanguard S&P 500 ETF | 32.85% | 1,904,550 | $1.0B | Add +62.1% |
| VT Vanguard Tot World STK ETF | 17.33% | 4,608,531 | $541.4M | Add +10.2% |
| VTIP Vanguard Short-Term Tips | 6.32% | 4,080,299 | $197.6M | Reduce -5.0% |
| VTI VG Morningstar TS MKT ETF-US | 5.19% | 559,221 | $162.1M | Add +91.3% |
| VEA Vanguard Ftse Developed ETF | 4.28% | 2,796,358 | $133.7M | Reduce -6.9% |
| VGLT Vanguard Long-Term Treasury | 3.11% | 1,755,179 | $97.1M | Add +12.2% |
| VGIT Vanguard Intermediate-Term T | 3.01% | 1,622,535 | $94.1M | Add +142.8% |
| IVV iShares Core S&P 500 ETF | 2.81% | 149,103 | $87.8M | Reduce -12.1% |
| VWO Vanguard Ftse Emerging Marke | 2.80% | 1,982,903 | $87.3M | Add +32.9% |
| AGG iShares Core U.S. Aggregate | 2.72% | 877,912 | $85.1M | Add +11.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.04% | 155,193 | $63.7M | No change |
| QUAL iShares MSCI USA Quality Fac | 1.61% | 281,659 | $50.2M | No change |
| IEFA iShares Core MSCI Eafe ETF | 1.54% | 686,679 | $48.3M | Add +5.9% |
| VONV Vanguard Russell 1000 Value | 1.54% | 591,430 | $48.1M | Reduce -7.5% |
| IWB iShares Russell 1000 ETF | 1.48% | 143,760 | $46.3M | No change |
| ACWI iShares MSCI Acwi ETF | 1.12% | 298,797 | $35.1M | Reduce -19.9% |
| VGSH Vanguard Short-Term Treasury | 1.04% | 559,659 | $32.6M | Add +16.0% |
| IEMG iShares Core MSCI Emerging | 0.97% | 582,745 | $30.4M | Reduce -14.3% |
| IAU iShares Gold Trust | 0.83% | 521,274 | $25.8M | Reduce -11.3% |
| VONG Vanguard Russell 1000 Growth | 0.71% | 214,515 | $22.2M | No change |
| GOVT iShares US Treasury Bond ETF | 0.67% | 908,045 | $20.9M | Add +15.6% |
| VXUS Vanguard Total Intl Stock | 0.60% | 317,707 | $18.7M | New |
| IEF iShares 7-10 Year Treasury B | 0.57% | 192,708 | $17.8M | Reduce -36.3% |
| GNR State Street SPDR S&P Global | 0.50% | 313,427 | $15.6M | Add +32.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.44% | 81,110 | $13.7M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.43% | 23,137 | $13.6M | Reduce -67.3% |
| VDE Vanguard Energy ETF | 0.40% | 103,901 | $12.6M | Add +103.0% |
| EFA iShares MSCI Eafe ETF | 0.31% | 127,639 | $9.7M | No change |
| TIP iShares Tips Bond ETF | 0.31% | 90,004 | $9.6M | Add +2.7% |
| BND Vanguard Total Bond Market | 0.29% | 124,963 | $9.0M | Add +5.8% |
| ESGV Vanguard ESG US Stock ETF | 0.28% | 84,892 | $8.9M | Add +505.2% |
| BSV Vanguard Short-Term Bond ETF | 0.22% | 89,072 | $6.9M | No change |
| USMV iShares MSCI USA Min Vol Fac | 0.19% | 65,881 | $5.8M | No change |
| VNQ Vanguard Real Estate ETF | 0.18% | 62,903 | $5.6M | Reduce -26.8% |
| VONE Vanguard Russell 1000 | 0.17% | 20,387 | $5.4M | No change |
| VSGX Vanguard ESG Intl Stock ETF | 0.17% | 92,466 | $5.2M | Add +25.8% |
| IWV iShares Russell 3000 ETF | 0.15% | 14,063 | $4.7M | No change |
| GLD SPDR Gold Shares | 0.12% | 15,984 | $3.9M | No change |
| VIOO Vanguard S&P Small-Cap 600 E | 0.12% | 35,894 | $3.8M | Reduce -31.3% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.10% | 59,172 | $3.0M | New |
| ESGD iShares Trust iShares ESG Aw | 0.08% | 31,737 | $2.4M | Reduce -54.5% |
| IJR iShares Core S&P Small-Cap E | 0.08% | 20,598 | $2.4M | No change |
| STIP iShares 0-5 Year Tips Bond E | 0.07% | 21,910 | $2.2M | No change |
| SPTI SS SPDR P Int Term TSY ETF | 0.06% | 64,010 | $1.8M | No change |
| GLDM SPDR Gold Minishares Trust | 0.05% | 30,631 | $1.6M | No change |
| ISTB iShares Core 1-5 Year Usd Bo | 0.04% | 28,066 | $1.3M | No change |
| EWC iShares MSCI Canada ETF | 0.03% | 20,200 | $814K | Reduce -69.9% |
| ISRA Vaneck Israel ETF | 0.02% | 15,615 | $680K | No change |
| AVSC Avantis US Small Cap Equity | 0.02% | 10,284 | $559K | No change |
| URA Global X Uranium ETF | 0.02% | 19,100 | $511K | No change |
| TLT iShares 20+ Year Treasury BD | 0.01% | 2,749 | $240K | Reduce -96.7% |
Portfolio Sells Q3 2024 → Q4 2024
| VEA Vanguard Ftse Developed ETF | Reduce -6.9% | 4.28% | −1.66 |
| VTIP Vanguard Short-Term Tips | Reduce -5.0% | 6.32% | −1.60 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -67.3% | 0.43% | −1.08 |
| IVV iShares Core S&P 500 ETF | Reduce -12.1% | 2.81% | −0.85 |
| ACWI iShares MSCI Acwi ETF | Reduce -19.9% | 1.12% | −0.55 |
| IEF iShares 7-10 Year Treasury B | Reduce -36.3% | 0.57% | −0.54 |
| IEMG iShares Core MSCI Emerging | Reduce -14.3% | 0.97% | −0.49 |
| VONV Vanguard Russell 1000 Value | Reduce -7.5% | 1.54% | −0.45 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.39 |
| ICF iShares Select U.S. REIT ETF | Sold out | 0.00% | −0.35 |
| EWJ iShares MSCI Japan ETF | Sold out | 0.00% | −0.32 |
| TLT iShares 20+ Year Treasury BD | Reduce -96.7% | 0.01% | −0.30 |
| IAU iShares Gold Trust | Reduce -11.3% | 0.83% | −0.27 |
| SCHP Schwab U.S. Tips ETF | Sold out | 0.00% | −0.22 |
| USRT iShares Core US REIT ETF | Sold out | 0.00% | −0.18 |
| VGK Vanguard Ftse Europe ETF | Sold out | 0.00% | −0.18 |
| IJH iShares Core S&P Midcap ETF | Sold out | 0.00% | −0.15 |
| RSP Invesco S&P 500 Equal Weight | Sold out | 0.00% | −0.15 |
| ESGD iShares Trust iShares ESG Aw | Reduce -54.5% | 0.08% | −0.14 |
| VNQ Vanguard Real Estate ETF | Reduce -26.8% | 0.18% | −0.13 |
| VIOO Vanguard S&P Small-Cap 600 E | Reduce -31.3% | 0.12% | −0.09 |
| XLF SS Financial Select Sector | Sold out | 0.00% | −0.09 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −0.08 |
| SMH Vaneck Semiconductor ETF | Sold out | 0.00% | −0.08 |
| EWC iShares MSCI Canada ETF | Reduce -69.9% | 0.03% | −0.08 |
| OIH Vaneck Oil Services ETF | Sold out | 0.00% | −0.07 |
| GDX Vaneck Gold Miners ETF | Sold out | 0.00% | −0.06 |
| EUFN iShares MSCI Europe Financia | Sold out | 0.00% | −0.06 |
| EWU iShares MSCI United Kingdom | Sold out | 0.00% | −0.06 |
Portfolio Buys Q3 2024 → Q4 2024
| VOO Vanguard S&P 500 ETF | Add +62.1% | 32.85% | +9.65 |
| VTI VG Morningstar TS MKT ETF-US | Add +91.3% | 5.19% | +2.09 |
| VGIT Vanguard Intermediate-Term T | Add +142.8% | 3.01% | +1.50 |
| VXUS Vanguard Total Intl Stock | New | 0.60% | +0.60 |
| ESGV Vanguard ESG US Stock ETF | Add +505.2% | 0.28% | +0.23 |
| VDE Vanguard Energy ETF | Add +103.0% | 0.40% | +0.17 |
| VWO Vanguard Ftse Emerging Marke | Add +32.9% | 2.80% | +0.12 |
| VTEB Vanguard Tax-Exempt Bond ETF | New | 0.10% | +0.10 |
| VSGX Vanguard ESG Intl Stock ETF | Add +25.8% | 0.17% | −0.00 |
| GNR State Street SPDR S&P Global | Add +32.5% | 0.50% | −0.01 |
| GOVT iShares US Treasury Bond ETF | Add +15.6% | 0.67% | −0.02 |
| VGSH Vanguard Short-Term Treasury | Add +16.0% | 1.04% | −0.02 |
| BND Vanguard Total Bond Market | Add +5.8% | 0.29% | −0.04 |
| TIP iShares Tips Bond ETF | Add +2.7% | 0.31% | −0.06 |
| AGG iShares Core U.S. Aggregate | Add +11.8% | 2.72% | −0.25 |
| IEFA iShares Core MSCI Eafe ETF | Add +5.9% | 1.54% | −0.35 |
| VGLT Vanguard Long-Term Treasury | Add +12.2% | 3.11% | −0.49 |
| VT Vanguard Tot World STK ETF | Add +10.2% | 17.33% | −1.39 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 56 | $6.9B | VOO, VT, VEA, VTI, VGIT |
| Q1 2026Amended | 60 | $6.3B | VOO, VT, VEA, VTI, VGIT |
| Q4 2025Amended | 57 | $6.1B | VOO, VT, VTI, VEA, VGIT |
| Q3 2025Amended | 53 | $5.5B | VOO, VT, VTI, VEA, VGIT |
| Q2 2025Amended | 46 | $4.5B | VOO, VT, AGG, EFA, VTIP |
| Q1 2025Amended | 46 | $3.5B | VOO, VT, VTIP, VGIT, VEA |
| Q4 2024 | 51 | $3.1B | VOO, VT, VTIP, VTI, VEA |
| Q3 2024 | 64 | $2.7B | VOO, VT, VTIP, VEA, IVV |
| Q2 2024 | 50 | $2.2B | VOO, VT, VTIP, VEA, VTI |
| Q1 2024 | 51 | $1.9B | VOO, VT, VEA, IVV, VTI |