Cambridge Associates LLC /Ma/

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed June 23, 2026), Cambridge Associates LLC /Ma/ reported 60 stock positions worth $6.3 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 26.4% of the portfolio, followed by Vanguard Tot World STK ETF (VT, 19.0%) and Vanguard Ftse Developed ETF (VEA, 9.7%). Compared with Q4 2025, it opened 4 new positions, sold out of 1, added to 23 and reduced 14. The biggest buy was a new position in Vanguard Dividend Apprec ETF (VIG) and the biggest sale VG Morningstar TS MKT ETF-US (VTI, shares −1%).

Most Recent 13F
Q2 2026
Location
BOSTON, MA
CIK
0000733986
Portfolio Value
$6.3B (Q1 2026)
SEC Filing
0001062993-26-003311 ↗ filed Jun 23, 2026

Holdings Value

0$2.0B$4.0B$6.0B$8.0B Q1 2024: $1.9B Q1 2024 Q2 2024: $2.2B Q2 2024 Q3 2024: $2.7B Q3 2024 Q4 2024: $3.1B Q4 2024 Q1 2025: $3.5B Q1 2025 Q2 2025: $4.5B Q2 2025 Q3 2025: $5.5B Q3 2025 Q4 2025: $6.1B Q4 2025 Q1 2026: $6.3B $6.3B Q1 2026 Q2 2026: $6.9B Q2 2026

Holdings 60 stocks · $6.3B
VOO Vanguard S&P 500 ETF 26.41% 2,769,562 $1.7B Add +0.9%
VT Vanguard Tot World STK ETF 19.00% 8,608,960 $1.2B Add +6.3%
VEA Vanguard Ftse Developed ETF 9.67% 9,457,821 $606.1M Add +3.4%
VTI VG Morningstar TS MKT ETF-US 8.78% 1,715,461 $550.3M Reduce -0.6%
VGIT Vanguard Intermediate-Term T 5.82% 6,123,657 $364.7M Add +9.8%
VTIP Vanguard Short-Term Tips 4.34% 5,447,681 $272.1M Reduce -3.5%
VWO Vanguard Ftse Emerging Marke 2.53% 2,932,547 $158.5M Reduce -10.2%
VGLT Vanguard Long-Term Treasury 2.38% 2,690,483 $148.9M Add +7.2%
IVV iShares Core S&P 500 ETF 1.63% 156,041 $101.9M Add +29.9%
VGSH Vanguard Short-Term Treasury 1.56% 1,673,967 $98.0M Add +39.3%
AGG iShares Core U.S. Aggregate 1.55% 975,887 $96.9M Add +2.2%
IEFA iShares Core MSCI Eafe ETF 1.27% 882,539 $79.9M Add +13.5%
IEMG iShares Core MSCI Emerging 1.07% 963,404 $67.2M Add +33.2%
IAU iShares Gold Trust 1.04% 740,591 $65.3M Reduce -1.4%
AVSC Avantis US Small Cap Equity 0.92% 922,735 $57.5M No change
BND Vanguard Total Bond Market 0.84% 713,200 $52.5M Reduce -0.5%
VONV Vanguard Russell 1000 Value 0.77% 512,009 $48.0M Reduce -2.7%
VIG Vanguard Dividend Apprec ETF 0.71% 208,306 $44.8M New
SGOV iShares 0-3 Month Treasury B 0.71% 443,120 $44.6M Reduce -21.4%
IWB iShares Russell 1000 ETF 0.71% 124,298 $44.3M No change
VUG Vanguard Mrngstar GR ETF-Sui 0.62% 89,359 $39.0M No change
ACWI iShares MSCI Acwi ETF 0.61% 274,706 $38.0M Add +2.7%
QUAL iShares MSCI USA Quality Fac 0.47% 153,029 $29.4M No change
TIP iShares Tips Bond ETF 0.45% 255,669 $28.2M Add +105.9%
VDE Vanguard Energy ETF 0.45% 161,826 $28.0M Reduce -23.4%
BIZD Vaneck BDC Income ETF 0.39% 2,424,628 $24.1M Add +38.7%
ESGV Vanguard ESG US Stock ETF 0.38% 212,729 $23.9M Add +6.3%
GQGU GQG US Equity ETF 0.38% 875,949 $23.6M Reduce -3.3%
GNR State Street SPDR S&P Global 0.37% 308,137 $23.0M Reduce -6.0%
VONG Vanguard Russell 1000 Growth 0.36% 208,274 $22.8M No change
VXUS Vanguard Total Intl Stock 0.36% 291,594 $22.5M Add +7.3%
DMBS Doubleline Mortgage ETF 0.32% 408,860 $20.2M No change
IDEV iShares Core MSCI Dev MKTS 0.32% 240,714 $20.1M New
KRMN Karman Holdings Inc. 0.32% 249,011 $19.9M No change
IEF iShares 7-10 Year Treasury B 0.31% 201,989 $19.3M Add +14.8%
TOV Jlens 500 Jewish Advy US ETF 0.27% 626,403 $17.1M Add +1.2%
VTV Vanguard Mrngstr Val ETF-Aui 0.25% 81,110 $15.9M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.23% 22,542 $14.7M Add +59.8%
BSV Vanguard Short-Term Bond ETF 0.23% 186,624 $14.6M No change
STIP iShares 0-5 Year Tips Bond E 0.16% 98,340 $10.2M Add +4.8%
VIOO Vanguard S&P Small-Cap 600 E 0.16% 87,956 $10.1M No change
VNQ Vanguard Real Estate ETF 0.13% 94,533 $8.4M No change
IWM iShares Russell 2000 ETF 0.10% 26,269 $6.5M Reduce -11.4%
ESGD iShares Trust iShares ESG Aw 0.10% 63,109 $6.0M Reduce -10.1%
IWV iShares Russell 3000 ETF 0.09% 14,597 $5.4M No change
JSTC Adasina Social Justice GLB 0.08% 242,945 $4.7M Reduce -41.6%
VONE Vanguard Russell 1000 0.07% 13,818 $4.1M No change
VTEB Vanguard Tax-Exempt Bond ETF 0.06% 80,730 $4.0M Add +1.9%
VSGX Vanguard ESG Intl Stock ETF 0.04% 34,087 $2.4M Add +5.6%
IJH iShares Core S&P Midcap ETF 0.03% 26,049 $1.8M New
ESGE iShares Inc. iShares ESG Awar 0.03% 34,980 $1.6M Add +87.6%
BKLN Invesco Senior Loan ETF 0.02% 72,046 $1.5M New
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.02% 4,992 $1.4M No change
IWR iShares Russell Mid-Cap ETF 0.02% 12,198 $1.2M No change
IBIT iShares Bitcoin Trust ETF 0.02% 29,497 $1.1M Add +135.4%
RSP Invesco S&P 500 Equal Weight 0.02% 5,412 $1.0M No change
ISRA Vaneck Israel ETF 0.02% 15,615 $944K No change
URA Global X Uranium ETF 0.01% 19,100 $925K No change
ISTB iShares Core 1-5 Year Usd Bo 0.01% 14,033 $680K No change
EWC iShares MSCI Canada ETF 0.01% 9,471 $519K Reduce -76.9%

Portfolio Sells Q4 2025 → Q1 2026
VTI VG Morningstar TS MKT ETF-US Reduce -0.6% 8.78% −0.69
VWO Vanguard Ftse Emerging Marke Reduce -10.2% 2.53% −0.34
VTIP Vanguard Short-Term Tips Reduce -3.5% 4.34% −0.23
SGOV iShares 0-3 Month Treasury B Reduce -21.4% 0.71% −0.21
JSTC Adasina Social Justice GLB Reduce -41.6% 0.08% −0.06
GOVT iShares US Treasury Bond ETF Sold out 0.00% −0.03
BND Vanguard Total Bond Market Reduce -0.5% 0.84% −0.03
VONV Vanguard Russell 1000 Value Reduce -2.7% 0.77% −0.03
EWC iShares MSCI Canada ETF Reduce -76.9% 0.01% −0.03
IWM iShares Russell 2000 ETF Reduce -11.4% 0.10% −0.02
ESGD iShares Trust iShares ESG Aw Reduce -10.1% 0.10% −0.01
VDE Vanguard Energy ETF Reduce -23.4% 0.45% +0.01
GQGU GQG US Equity ETF Reduce -3.3% 0.38% +0.01
GNR State Street SPDR S&P Global Reduce -6.0% 0.37% +0.03
IAU iShares Gold Trust Reduce -1.4% 1.04% +0.04

Portfolio Buys Q4 2025 → Q1 2026
VIG Vanguard Dividend Apprec ETF New 0.71% +0.71
VGSH Vanguard Short-Term Treasury Add +39.3% 1.56% +0.41
VGIT Vanguard Intermediate-Term T Add +9.8% 5.82% +0.35
IDEV iShares Core MSCI Dev MKTS New 0.32% +0.32
VEA Vanguard Ftse Developed ETF Add +3.4% 9.67% +0.32
VT Vanguard Tot World STK ETF Add +6.3% 19.00% +0.30
IVV iShares Core S&P 500 ETF Add +29.9% 1.63% +0.28
IEMG iShares Core MSCI Emerging Add +33.2% 1.07% +0.28
TIP iShares Tips Bond ETF Add +105.9% 0.45% +0.23
IEFA iShares Core MSCI Eafe ETF Add +13.5% 1.27% +0.14
VGLT Vanguard Long-Term Treasury Add +7.2% 2.38% +0.08
SPY SS SPDR S&P 500 ETF Trust-US Add +59.8% 0.23% +0.08
IEF iShares 7-10 Year Treasury B Add +14.8% 0.31% +0.03
IJH iShares Core S&P Midcap ETF New 0.03% +0.03
BKLN Invesco Senior Loan ETF New 0.02% +0.02
VXUS Vanguard Total Intl Stock Add +7.3% 0.36% +0.02
ESGE iShares Inc. iShares ESG Awar Add +87.6% 0.03% +0.01
IBIT iShares Bitcoin Trust ETF Add +135.4% 0.02% +0.01
STIP iShares 0-5 Year Tips Bond E Add +4.8% 0.16% +0.01
VSGX Vanguard ESG Intl Stock ETF Add +5.6% 0.04% +0.00
VTEB Vanguard Tax-Exempt Bond ETF Add +1.9% 0.06% −0.00
ACWI iShares MSCI Acwi ETF Add +2.7% 0.61% −0.01
ESGV Vanguard ESG US Stock ETF Add +6.3% 0.38% −0.01
AGG iShares Core U.S. Aggregate Add +2.2% 1.55% −0.02
TOV Jlens 500 Jewish Advy US ETF Add +1.2% 0.27% −0.02
BIZD Vaneck BDC Income ETF Add +38.7% 0.39% −0.02
VOO Vanguard S&P 500 ETF Add +0.9% 26.41% −1.77

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 56$6.9BVOO, VT, VEA, VTI, VGIT
Q1 2026Amended 60$6.3BVOO, VT, VEA, VTI, VGIT
Q4 2025Amended 57$6.1BVOO, VT, VTI, VEA, VGIT
Q3 2025Amended 53$5.5BVOO, VT, VTI, VEA, VGIT
Q2 2025Amended 46$4.5BVOO, VT, AGG, EFA, VTIP
Q1 2025Amended 46$3.5BVOO, VT, VTIP, VGIT, VEA
Q4 2024 51$3.1BVOO, VT, VTIP, VTI, VEA
Q3 2024 64$2.7BVOO, VT, VTIP, VEA, IVV
Q2 2024 50$2.2BVOO, VT, VTIP, VEA, VTI
Q1 2024 51$1.9BVOO, VT, VEA, IVV, VTI