Cambridge Financial Group, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 9, 2026), Cambridge Financial Group, LLC reported 169 stock positions worth $287.7 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 8.2% of the portfolio, followed by Dimensional US Target Value (DFAT, 6.8%) and Dimensional International (DFIC, 6.4%). Compared with Q3 2025, it opened 11 new positions, sold out of 7, added to 77 and reduced 47. The biggest buy was Apple (AAPL, shares +32%) and the biggest sale iShares ESG Adv MSCI Em ETF (EMXF, shares −46%).
- Most Recent 13F
- Q2 2026
- Location
- TUCSON, AZ
- CIK
- 0002085256
- Portfolio Value
- $287.7M (Q4 2025)
- SEC Filing
- 0001214659-26-000305 ↗ filed Jan 9, 2026
Holdings Value
Holdings 169 stocks · $287.7M
| DFAC Dimensional US Core Equity 2 | 8.19% | 678,784 | $23.6M | Reduce -1.3% |
| DFAT Dimensional US Target Value | 6.85% | 351,609 | $19.7M | Reduce -0.3% |
| DFIC Dimensional International Co. | 6.37% | 681,609 | $18.3M | Add +3.9% |
| DFEM Dimensional Emrg MRKT Core | 5.19% | 545,310 | $14.9M | Add +4.0% |
| DFEV Dimensional Emrg MRKT Val | 4.72% | 505,547 | $13.6M | Add +1.8% |
| DFAX Dimensional World Ex US Core | 2.81% | 322,161 | $8.1M | Add +10.4% |
| SCHG Schwab US Large-Cap Growth | 2.76% | 270,936 | $7.9M | Add +1.1% |
| SLYV SS SPDR S&P 600 SC Val ETF | 2.53% | 82,904 | $7.3M | Add +1.1% |
| IJS iShares S&P Small-Cap 600 Va | 2.09% | 54,670 | $6.0M | Add +5.6% |
| AAPL Apple Inc. | 1.91% | 21,217 | $5.5M | Add +32.2% |
| SCHA Schwab US Small-Cap ETF | 1.89% | 204,168 | $5.4M | Add +6.5% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.82% | 25,342 | $5.2M | Add +13.0% |
| SCHX Schwab US Large-Cap ETF | 1.65% | 193,372 | $4.7M | Add +0.6% |
| SCHB Schwab US Broad Market ETF | 1.61% | 190,350 | $4.6M | Reduce -0.0% |
| DFIV Dimensional International Va | 1.56% | 107,470 | $4.5M | Add +21.4% |
| VYMI Vanguard Int High DVD YLD Inc. | 1.48% | 53,056 | $4.3M | Add +4.7% |
| IWB iShares Russell 1000 ETF | 1.45% | 11,761 | $4.2M | Add +0.4% |
| SCHF Schwab Intl Equity ETF | 1.40% | 193,443 | $4.0M | Add +7.0% |
| VIOV Vanguard S&P Small-Cap 600 V | 1.37% | 39,975 | $3.9M | Reduce -25.6% |
| SCHD Schwab US DVD Equity ETF | 1.27% | 132,738 | $3.6M | Add +3.6% |
| DFAS Dimensional US Small Cap ETF | 1.15% | 49,713 | $3.3M | Add +11.1% |
| DGRO iShares Core Dividend Growth | 1.12% | 51,468 | $3.2M | Reduce -8.2% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 1.06% | 6,854 | $3.0M | Add +8.7% |
| SCHM Schwab US Mid Cap ETF | 1.04% | 101,140 | $3.0M | Reduce -1.6% |
| VYM Vanguard High DVD Yield ETF | 1.00% | 20,506 | $2.9M | Add +0.6% |
| IEFA iShares Core MSCI Eafe ETF | 0.91% | 36,868 | $2.6M | Add +1.4% |
| SCHV Schwab US Large-Cap Value | 0.90% | 95,145 | $2.6M | Add +8.3% |
| DFUS Dimensional US Eq MKT ETF | 0.79% | 34,573 | $2.3M | Reduce -1.3% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.78% | 77,979 | $2.3M | Add +30.7% |
| QQQ Invesco QQQ Trust Series 1 | 0.78% | 4,032 | $2.2M | Add +57.8% |
| DISV Dimensional International SM | 0.73% | 76,307 | $2.1M | Add +16.2% |
| EMXF iShares ESG Adv MSCI Em ETF | 0.73% | 46,412 | $2.1M | Reduce -45.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.67% | 3,106 | $1.9M | Add +5.9% |
| VIG Vanguard Dividend Apprec ETF | 0.67% | 9,429 | $1.9M | Add +14.8% |
| DFSI Dimensional Int Sus COR1 ETF | 0.59% | 46,692 | $1.7M | Reduce -17.3% |
| MSFT Microsoft Corp. | 0.59% | 3,849 | $1.7M | Add +9.6% |
| AXP American Express Co. | 0.58% | 5,427 | $1.7M | Add +0.9% |
| IWF iShares Russell 1000 Growth | 0.57% | 4,103 | $1.6M | Reduce -9.2% |
| VCIT Vanguard Int-Term Corporate | 0.56% | 19,252 | $1.6M | Reduce -29.9% |
| SPEM State Street SP PTF Em ETF | 0.56% | 41,832 | $1.6M | Add +6.2% |
| IWD iShares Russell 1000 Value E | 0.55% | 8,168 | $1.6M | Reduce -4.8% |
| FNDE Schwab Fndmntl Em MRK Eq ETF | 0.54% | 53,836 | $1.6M | Add +3.5% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.52% | 18,447 | $1.5M | Reduce -12.9% |
| IWV iShares Russell 3000 ETF | 0.50% | 3,707 | $1.4M | No change |
| IWM iShares Russell 2000 ETF | 0.50% | 5,905 | $1.4M | Add +13.0% |
| AMZN Amazon.com Inc. | 0.50% | 6,497 | $1.4M | Add +5.8% |
| DFAE Dimensional Emerging Core Eq | 0.47% | 44,754 | $1.4M | Add +6.0% |
| DFSE Dimensional Em Sus CORE1 ETF | 0.41% | 33,830 | $1.2M | Add +5.1% |
| IXUS iShares Core Intl Stock ETF | 0.41% | 17,995 | $1.2M | Add +10.4% |
| DFSU Dimensional US Sus CORE1 ETF | 0.41% | 31,098 | $1.2M | Reduce -3.6% |
| ESML iShares ESG Aware MSCI USA S | 0.40% | 26,935 | $1.1M | Add +17.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.39% | 3,421 | $1.1M | Add +7.5% |
| GLD SPDR Gold Shares | 0.38% | 3,073 | $1.1M | Reduce -3.3% |
| DFSV Dimensional US Small Cap Val | 0.37% | 32,852 | $1.1M | Reduce -0.7% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.36% | 3,865 | $1.0M | Add +120.9% |
| VXUS Vanguard Total Intl Stock | 0.36% | 15,112 | $1.0M | Add +11.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.36% | 2,055 | $1.0M | Reduce -7.3% |
| VT Vanguard Tot World STK ETF | 0.36% | 8,388 | $1.0M | Add +33.0% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.35% | 12,675 | $1.0M | Reduce -17.1% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.35% | 13,974 | $998K | Add +0.2% |
| ESGD iShares Trust iShares ESG Aw | 0.33% | 12,111 | $941K | Add +5.5% |
| NVDA Nvidia Corp. | 0.32% | 6,514 | $923K | Reduce -13.4% |
| TSLA Tesla Inc. | 0.31% | 2,025 | $897K | Add +8.4% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.31% | 5,077 | $883K | Add +11.2% |
| WMT Walmart Inc. | 0.30% | 8,636 | $860K | Reduce -2.5% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.30% | 6,734 | $849K | Add +5.5% |
| VWO Vanguard Ftse Emerging Marke | 0.29% | 16,973 | $848K | Add +0.3% |
| JNJ Johnson & Johnson | 0.29% | 5,283 | $827K | Add +16.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.28% | 3,229 | $814K | Add +18.7% |
| QCOM Qualcomm Inc. | 0.27% | 4,600 | $790K | Add +0.1% |
| PEP Pepsico Inc. | 0.27% | 5,296 | $786K | Add +70.4% |
| JPM JPMorgan Chase & Co. | 0.27% | 2,812 | $785K | Add +73.2% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.26% | 1 | $755K | Reduce -66.7% |
| IEMG iShares Core MSCI Emerging | 0.26% | 13,819 | $741K | Add +6.3% |
| GOOG Alphabet Inc. Class C | 0.25% | 3,071 | $707K | Add +34.5% |
| DFAI Dimensional International Co. | 0.24% | 20,631 | $699K | Add +1.9% |
| EEMV iShares MSCI Emg MKT Min Vol | 0.24% | 11,944 | $693K | Add +0.8% |
| LLY Eli Lilly & Co. | 0.23% | 868 | $670K | Reduce -2.6% |
| IUSV iShares Core S&P U.S. Value | 0.23% | 6,590 | $668K | No change |
| GOOGL Alphabet Inc. Class A | 0.23% | 3,393 | $655K | Reduce -1.9% |
| EDIV State Street SPDR S&P Emergi | 0.22% | 18,014 | $635K | Add +43.4% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.21% | 5,443 | $602K | Reduce -38.3% |
| IOO iShares Global 100 ETF | 0.21% | 4,640 | $591K | New |
| VNQ Vanguard Real Estate ETF | 0.20% | 6,622 | $590K | New |
| MRK Merck & Co. Inc. | 0.20% | 5,722 | $575K | Add +44.8% |
| BLV Vanguard Long-Term Bond ETF | 0.20% | 8,170 | $571K | Reduce -23.4% |
| EMR Emerson Electric Co. | 0.19% | 4,248 | $545K | Add +60.4% |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.19% | 18,284 | $543K | No change |
| BSMU Invesco Bulletshares 2030 MB | 0.19% | 24,406 | $537K | No change |
| BSMT Invesco Bulletshares 2029 MB | 0.18% | 22,955 | $531K | No change |
| IBTH iShares Ibonds Dec 2027 Term | 0.18% | 23,712 | $527K | Reduce -1.3% |
| COST Costco Wholesale Corp. | 0.18% | 582 | $525K | Add +4.5% |
| DVY iShares Select Dividend ETF | 0.18% | 3,700 | $525K | Add +56.9% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 0.18% | 15,625 | $519K | Add +3.0% |
| XVV iShares ESG Select Screened | 0.18% | 11,454 | $519K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.18% | 2,021 | $512K | Add +2.1% |
| COP Conocophillips | 0.18% | 5,144 | $510K | Reduce -3.9% |
| V Visa Inc. Class A | 0.18% | 1,502 | $507K | Reduce -1.0% |
| XJR Ishr ESG SS S&P Smal-Cap-Usd | 0.18% | 12,161 | $504K | No change |
| GE General Electric filed as GE AEROSPACE | 0.17% | 2,943 | $491K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| EMXF iShares ESG Adv MSCI Em ETF | Reduce -45.8% | 0.73% | −0.52 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -66.7% | 0.26% | −0.47 |
| IBIT iShares Bitcoin Trust ETF | Reduce -74.8% | 0.11% | −0.40 |
| DFAC Dimensional US Core Equity 2 | Reduce -1.3% | 8.19% | −0.35 |
| IBTF iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.33 |
| VIOV Vanguard S&P Small-Cap 600 V | Reduce -25.6% | 1.37% | −0.28 |
| VCIT Vanguard Int-Term Corporate | Reduce -29.9% | 0.56% | −0.18 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -64.6% | 0.10% | −0.17 |
| DFSI Dimensional Int Sus COR1 ETF | Reduce -17.3% | 0.59% | −0.15 |
| BSJT Invesco Bulletshares 2029 HY | Reduce -63.4% | 0.10% | −0.15 |
| BSJS Invesco Bulletshares 2028 HY | Sold out | 0.00% | −0.13 |
| NVDA Nvidia Corp. | Reduce -13.4% | 0.32% | −0.13 |
| BSMQ Invesco Bulletshares 2026 MB | Sold out | 0.00% | −0.13 |
| BSMP Invesco Bulletshares 2025 MB | Sold out | 0.00% | −0.12 |
| IWF iShares Russell 1000 Growth | Reduce -9.2% | 0.57% | −0.11 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -38.3% | 0.21% | −0.11 |
| DGRO iShares Core Dividend Growth | Reduce -8.2% | 1.12% | −0.11 |
| MUB iShares National Muni Bond E | Reduce -48.7% | 0.13% | −0.10 |
| AVUV Avantis US Small Cap Value | Reduce -43.3% | 0.14% | −0.09 |
| AVSE Avantis Resp Emerg MKTS Eq-E | Sold out | 0.00% | −0.08 |
| AVDE Avantis International Equity | Sold out | 0.00% | −0.08 |
| PSX Phillips 66 | Sold out | 0.00% | −0.06 |
| AVGO Broadcom Inc. | Reduce -5.0% | 0.14% | −0.05 |
| MDYV SS SPDR S&P 400 MC Val ETF | Reduce -12.9% | 0.52% | −0.05 |
| NFLX Netflix Inc. | Reduce -66.3% | 0.09% | −0.05 |
| BLV Vanguard Long-Term Bond ETF | Reduce -23.4% | 0.20% | −0.04 |
| GOOGL Alphabet Inc. Class A | Reduce -1.9% | 0.23% | −0.04 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -17.1% | 0.35% | −0.04 |
| ABBV Abbvie Inc. | Reduce -1.2% | 0.16% | −0.03 |
| DFUS Dimensional US Eq MKT ETF | Reduce -1.3% | 0.79% | −0.03 |
| DFSU Dimensional US Sus CORE1 ETF | Reduce -3.6% | 0.41% | −0.03 |
| META Meta Platforms Inc. Class A | Reduce -2.5% | 0.16% | −0.02 |
| USIG iShares Broad Usd Investment | Reduce -20.1% | 0.14% | −0.02 |
| FRDM Freedom 100 Emeging MRKT ETF | Reduce -13.4% | 0.08% | −0.01 |
| IWD iShares Russell 1000 Value E | Reduce -4.8% | 0.55% | −0.01 |
| ITOT iShares Core S&P Total U.S. | Reduce -2.0% | 0.15% | −0.00 |
| IJT iShares S&P Small-Cap 600 GR | Reduce -4.9% | 0.11% | −0.00 |
| MCD McDonald's Corp. | Reduce -3.2% | 0.14% | −0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -7.3% | 0.36% | +0.00 |
| IBTI iShares Ibonds Dec 2028 Term | Reduce -1.8% | 0.09% | +0.00 |
| WMT Walmart Inc. | Reduce -2.5% | 0.30% | +0.01 |
| KO The Coca-Cola Co. | Reduce -2.7% | 0.13% | +0.01 |
| IBTH iShares Ibonds Dec 2027 Term | Reduce -1.3% | 0.18% | +0.01 |
| DFUV Dimensional US Marketwide Va | Reduce -0.8% | 0.11% | +0.01 |
| V Visa Inc. Class A | Reduce -1.0% | 0.18% | +0.01 |
| PG The Procter & Gamble Co. | Reduce -7.7% | 0.14% | +0.01 |
| LLY Eli Lilly & Co. | Reduce -2.6% | 0.23% | +0.01 |
| COP Conocophillips | Reduce -3.9% | 0.18% | +0.01 |
| GLD SPDR Gold Shares | Reduce -3.3% | 0.38% | +0.02 |
| DFSV Dimensional US Small Cap Val | Reduce -0.7% | 0.37% | +0.03 |
Portfolio Buys Q3 2025 → Q4 2025
| AAPL Apple Inc. | Add +32.2% | 1.91% | +0.59 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +13.0% | 1.82% | +0.32 |
| QQQ Invesco QQQ Trust Series 1 | Add +57.8% | 0.78% | +0.28 |
| IJS iShares S&P Small-Cap 600 Va | Add +5.6% | 2.09% | +0.25 |
| DFIV Dimensional International Va | Add +21.4% | 1.56% | +0.24 |
| IOO iShares Global 100 ETF | New | 0.21% | +0.21 |
| VNQ Vanguard Real Estate ETF | New | 0.20% | +0.20 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +120.9% | 0.36% | +0.20 |
| SLYV SS SPDR S&P 600 SC Val ETF | Add +1.1% | 2.53% | +0.19 |
| SCHA Schwab US Small-Cap ETF | Add +6.5% | 1.89% | +0.17 |
| DFAS Dimensional US Small Cap ETF | Add +11.1% | 1.15% | +0.16 |
| NUE Nucor Corp. | New | 0.15% | +0.15 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +30.7% | 0.78% | +0.14 |
| SCHD Schwab US DVD Equity ETF | Add +3.6% | 1.27% | +0.14 |
| PEP Pepsico Inc. | Add +70.4% | 0.27% | +0.13 |
| DIA SS SPDR Dow Jones Indus Avg | Add +8.7% | 1.06% | +0.12 |
| JPM JPMorgan Chase & Co. | Add +73.2% | 0.27% | +0.11 |
| VIG Vanguard Dividend Apprec ETF | Add +14.8% | 0.67% | +0.10 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.10% | +0.10 |
| VYMI Vanguard Int High DVD YLD Inc. | Add +4.7% | 1.48% | +0.10 |
| NOC Northrop Grumman Corp. | New | 0.09% | +0.09 |
| ONTO Onto Innovation Inc. | New | 0.09% | +0.09 |
| MRK Merck & Co. Inc. | Add +44.8% | 0.20% | +0.09 |
| IWM iShares Russell 2000 ETF | Add +13.0% | 0.50% | +0.09 |
| URI United Rentals Inc. | New | 0.08% | +0.08 |
| VYM Vanguard High DVD Yield ETF | Add +0.6% | 1.00% | +0.08 |
| VT Vanguard Tot World STK ETF | Add +33.0% | 0.36% | +0.08 |
| EMR Emerson Electric Co. | Add +60.4% | 0.19% | +0.08 |
| RTX RTX Corp. | New | 0.08% | +0.08 |
| TGT Target Corp. | New | 0.08% | +0.08 |
| DVY iShares Select Dividend ETF | Add +56.9% | 0.18% | +0.07 |
| SCHV Schwab US Large-Cap Value | Add +8.3% | 0.90% | +0.07 |
| SDY SS SPDR S&P Dividend ETF | New | 0.07% | +0.07 |
| IWB iShares Russell 1000 ETF | Add +0.4% | 1.45% | +0.07 |
| GOOG Alphabet Inc. Class C | Add +34.5% | 0.25% | +0.07 |
| ESML iShares ESG Aware MSCI USA S | Add +17.3% | 0.40% | +0.06 |
| EDIV State Street SPDR S&P Emergi | Add +43.4% | 0.22% | +0.06 |
| AMZN Amazon.com Inc. | Add +5.8% | 0.50% | +0.06 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +18.7% | 0.28% | +0.06 |
| VTI VG Morningstar TS MKT ETF-US | Add +7.5% | 0.39% | +0.05 |
| IVOV Vanguard S&P Mid-Cap 400 Val | Add +53.3% | 0.14% | +0.05 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +11.2% | 0.31% | +0.05 |
| SCHF Schwab Intl Equity ETF | Add +7.0% | 1.40% | +0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +5.9% | 0.67% | +0.04 |
| TSLA Tesla Inc. | Add +8.4% | 0.31% | +0.04 |
| DFAE Dimensional Emerging Core Eq | Add +6.0% | 0.47% | +0.04 |
| VXUS Vanguard Total Intl Stock | Add +11.9% | 0.36% | +0.04 |
| IJJ iShares S&P Mid-Cap 400 Valu | Add +5.5% | 0.30% | +0.03 |
| QCOM Qualcomm Inc. | Add +0.1% | 0.27% | +0.03 |
| XOM Exxon Mobil Corp. | Add +25.1% | 0.11% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 155 | $317.6M | DFAC, DFAT, DFIC, DFEM, DFEV |
| Q1 2026 | 168 | $295.4M | DFAC, DFAT, DFIC, DFEM, DFEV |
| Q4 2025 | 169 | $287.7M | DFAC, DFAT, DFIC, DFEM, DFEV |
| Q3 2025 | 165 | $310.7M | DFAC, DFIC, DFAT, DFEM, DFEV |
| Q2 2025 | 137 | $266.4M | DFAC, DFIC, DFAT, DFEV, DFEM |
| Q1 2025 | 136 | $235.6M | DFAC, DFAT, DFIC, DFEM, DFEV |
| Q4 2024 | 129 | $233.9M | DFAC, DFAT, DFIC, DFEM, DFEV |
| Q3 2024 | 130 | $240.3M | DFAC, DFAT, DFIC, DFEM, DFEV |
| Q2 2024 | 127 | $218.9M | DFAC, DFAT, DFIC, DFEV, DFEM |
| Q1 2024 | 122 | $210.4M | DFAC, DFAT, DFIC, DFEV, DFEM |