Institution

Cetera Investment Advisers

13F for the quarter to June 30, 2026, filed August 12, 2026 · SEC CIK 1666741

Reported value: $109.8bn
Positions we cover: 2,189
Copy, a year: +14.9%
Copy Sharpe ratio: 0.75

How copying its 13F would have done

CopyS&P 500 $10,000 copying Cetera Investment Advisers's filed holdings in companies we cover from August 14, 2020, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −23.8% (S&P 500 −23.9%); beta 1.00; alpha −0.4% a year (t = −0.52); last 12 months +11.7% against +12.1%.

Reported value by quarter

Cetera Investment Advisers: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).

View chart data

Period	Reported value
2020-06-30	$1.1B
2020-09-30	$1.2B
2020-12-31	$5.1B
2021-03-31	$5.1B
2021-06-30	$6.2B
2021-09-30	$6.3B
2021-12-31	$7B
2022-03-31	$7B
2022-06-30	$6.3B
2022-09-30	$5B
2022-12-31	$10.8T
2023-03-31	$11.4B
2023-06-30	$11.9B
2023-09-30	$11.6B
2023-12-31	$12.3B
2024-03-31	$42.4B
2024-06-30	$43.4B
2024-09-30	$45.7B
2024-12-31	$47.8B
2025-03-31	$51.6B
2025-06-30	$59.3B
2025-09-30	$86B
2025-12-31	$91.5B
2026-03-31	$94B
2026-06-30	$109.8B

Holdings and moves

Company	Share of portfolio	Value	Shares	Change in shares
AAPLApple Inc.	1.94%	$2.1bn	7.35M	+4.2% Added
NVDANVIDIA Corporation	1.80%	$2.0bn	9.87M	+2.6% Added
MSFTMicrosoft Corporation	1.03%	$1.1bn	3.04M	+5.5% Added
AMZNAmazon	1.01%	$1.1bn	4.65M	+4.1% Added
GOOGLAlphabet Inc. (Class A)	0.74%	$812.8m	2.27M	+4.8% Added
AVGOBroadcom	0.57%	$624.6m	1.65M	+5.2% Added
MUMicron Technology	0.47%	$519.1m	449.7K	+16.5% Added
AMDAdvanced Micro Devices	0.47%	$513.1m	883.2K	−1.8% Reduced
JPMJPMorgan Chase	0.44%	$484.3m	1.48M	+4.4% Added
METAMeta Platforms	0.41%	$451.6m	801.7K	+5.3% Added
LLYLilly (Eli)	0.40%	$439.0m	366.0K	+5.8% Added
TSLATesla, Inc.	0.39%	$424.1m	1.01M	+5.1% Added
TSMTaiwan Semiconductor Manufacturing Co LTD	0.33%	$360.4m	754.7K	+3.0% Added
WMTWalmart	0.30%	$328.6m	2.90M	+3.1% Added
CATCaterpillar Inc.	0.28%	$311.0m	292.1K	−1.3% Reduced
VVisa Inc.	0.27%	$290.8m	847.5K	+1.5% Added
JNJJohnson & Johnson	0.25%	$277.9m	1.09M	+5.8% Added
ABBVAbbVie	0.23%	$249.3m	990.7K	+2.6% Added
COSTCostco	0.21%	$229.0m	244.8K	+1.5% Added
HDThe Home Depot	0.19%	$208.0m	589.8K	+1.8% Added
AMATApplied Materials	0.18%	$201.6m	278.8K	−1.8% Reduced
CVXChevron Corporation	0.18%	$200.9m	1.21M	+1.1% Added
CSCOCisco	0.18%	$199.6m	1.70M	−3.9% Reduced
GEVGE Vernova	0.18%	$197.9m	168.4K	+10.8% Added
PLTRPalantir Technologies Inc.	0.17%	$182.0m	1.56M	−6.4% Reduced
CRWDCrowdStrike	0.16%	$173.6m	227.5K	+4.0% Added
LRCXLam Research	0.16%	$171.2m	395.2K	+4.7% Added
PGProcter & Gamble	0.15%	$160.0m	1.09M	+4.2% Added
MRKMerck & Co.	0.14%	$157.9m	1.23M	+2.9% Added
UNHUnitedHealth Group	0.14%	$151.2m	363.8K	+4.0% Added
GEGE Aerospace	0.14%	$149.7m	400.6K	+4.3% Added
IBMIBM	0.14%	$148.3m	527.3K	+9.2% Added
INTCIntel	0.14%	$147.8m	1.06M	−0.9% Reduced
KOThe Coca-Cola Company	0.14%	$147.7m	1.82M	+2.6% Added
PANWPalo Alto Networks	0.13%	$146.4m	429.4K	−0.6% Reduced
MAMastercard	0.13%	$142.7m	277.9K	−0.9% Reduced
VZVerizon	0.12%	$131.8m	3.11M	+6.0% Added
KLACKLA Corporation	0.12%	$130.6m	432.8K	+920.7% Added
RTXRTX Corporation	0.12%	$130.6m	688.1K	+4.0% Added
PMPhilip Morris International	0.12%	$130.4m	720.8K	+0.7% Added
ASMLAsml Holding NV	0.12%	$130.0m	65.4K	+5.2% Added
MCDMcDonald's	0.12%	$129.5m	478.9K	+4.3% Added
GSGoldman Sachs	0.12%	$127.6m	126.2K	+2.1% Added
LMTLockheed Martin	0.12%	$127.1m	249.4K	+1.7% Added
MOAltria	0.12%	$126.1m	1.75M	+10.4% Added
ORCLOracle Corporation	0.11%	$125.6m	857.1K	+8.9% Added
BACBank of America	0.11%	$124.4m	2.18M	+5.7% Added
AMGNAmgen	0.11%	$120.8m	333.5K	−3.4% Reduced
NFLXNetflix	0.11%	$119.2m	1.67M	+12.3% Added
STXSeagate Technology	0.10%	$111.7m	115.8K	+5.1% Added
ETNEaton Corporation	0.10%	$111.5m	261.6K	+7.2% Added
QCOMQualcomm	0.10%	$107.1m	579.5K	−5.8% Reduced
MRVLMarvell Technology	0.10%	$104.2m	349.8K	+0.4%
VRTVertiv	0.09%	$101.8m	304.2K	+2.9% Added
GLWCorning Inc.	0.09%	$99.8m	390.5K	+9.6% Added
PEPPepsiCo	0.09%	$97.3m	718.9K	+1.8% Added
DEDeere & Company	0.09%	$96.1m	151.5K	+1.5% Added
NEENextEra Energy	0.09%	$95.5m	1.09M	−0.3%
DUKDuke Energy	0.08%	$88.7m	701.1K	+1.7% Added
TXNTexas Instruments	0.08%	$88.2m	295.9K	+2.8% Added
WMWaste Management	0.08%	$88.2m	395.7K	+5.0% Added
WFCWells Fargo	0.08%	$86.0m	1.04M	+1.8% Added
TAT&T	0.08%	$85.7m	4.14M	+3.1% Added
CCitigroup	0.08%	$84.1m	600.9K	−0.8% Reduced
ANETArista Networks	0.07%	$82.8m	487.6K	+5.2% Added
TJXTJX Companies	0.07%	$81.9m	540.4K	+2.0% Added
OKEOneok	0.07%	$81.9m	941.5K	+2.7% Added
MSMorgan Stanley	0.07%	$80.9m	389.6K	+2.2% Added
ENBEnbridge Inc	0.07%	$80.8m	1.49M	+3.1% Added
WDCWestern Digital	0.07%	$80.2m	125.5K	+11.6% Added
ORealty Income	0.07%	$79.8m	1.29M	+0.8% Added
SOSouthern Company	0.07%	$78.4m	819.6K	+2.6% Added
PFEPfizer	0.07%	$76.7m	3.18M	−0.9% Reduced
AXPAmerican Express	0.07%	$76.6m	226.5K	+2.4% Added
NBISNebius Group N.V.	0.07%	$73.4m	265.7K	−9.2% Reduced
SNDKSandisk	0.07%	$73.1m	32.2K	+57.8% Added
LOWLowe's	0.07%	$72.5m	329.0K	+11.9% Added
BABoeing	0.07%	$72.3m	333.8K	+3.8% Added
PHParker Hannifin	0.07%	$71.5m	73.1K	−2.2% Reduced
SPCXSpace Exploration Technologies Corp	0.07%	$71.5m	418.2K	New
UNPUnion Pacific Corporation	0.06%	$69.0m	253.8K	+14.7% Added
BLKBlackRock	0.06%	$68.8m	71.5K	−1.7% Reduced
APHAmphenol	0.06%	$68.6m	389.2K	+15.5% Added
UBERUber	0.06%	$66.0m	914.9K	−2.0% Reduced
KMIKinder Morgan	0.06%	$65.5m	2.05M	+3.4% Added
LINLinde plc	0.06%	$65.4m	126.1K	+3.1% Added
DELLDell Technologies	0.06%	$65.2m	151.0K	−13.2% Reduced
CRMSalesforce	0.06%	$62.8m	401.0K	+8.6% Added
CMICummins	0.06%	$61.2m	85.8K	−0.6% Reduced
CBChubb Limited	0.06%	$61.0m	178.9K	+2.4% Added
WMBWilliams Companies	0.06%	$60.8m	818.2K	+6.4% Added
PNCPNC Financial Services	0.06%	$60.7m	246.6K	+1.9% Added
UPSUnited Parcel Service	0.05%	$59.5m	553.5K	+1.2% Added
BNYBNY Mellon	0.05%	$59.2m	409.3K	+3.7% Added
DISThe Walt Disney Company	0.05%	$58.5m	607.7K	+0.2%
PLDPrologis	0.05%	$58.2m	429.9K	+12.0% Added
SCHWCharles Schwab Corporation	0.05%	$57.8m	626.7K	+1.0% Added
SYKStryker Corporation	0.05%	$57.1m	181.2K	+19.5% Added
PWRQuanta Services	0.05%	$56.6m	78.5K	+6.0% Added
ADIAnalog Devices	0.05%	$56.4m	142.1K	+2.9% Added
ABTAbbott Laboratories	0.05%	$56.2m	619.8K	+1.1% Added
FIXComfort Systems USA	0.05%	$55.4m	27.9K	0.0%
BXBlackstone Inc.	0.05%	$55.3m	470.0K	+9.9% Added
TMOThermo Fisher Scientific	0.05%	$55.1m	110.0K	+2.0% Added
GDGeneral Dynamics	0.05%	$54.9m	154.9K	+2.7% Added
BKNGBooking Holdings	0.05%	$54.8m	307.5K	+2651.4% Added
COPConocoPhillips	0.05%	$52.3m	503.5K	−0.6% Reduced
GILDGilead Sciences	0.05%	$52.2m	413.2K	+2.1% Added
WELLWelltower	0.05%	$51.7m	227.9K	+12.0% Added
VLOValero Energy	0.05%	$51.5m	197.6K	+4.4% Added
BMYBristol Myers Squibb	0.05%	$50.9m	883.9K	+7.4% Added
MCKMcKesson	0.05%	$50.8m	67.3K	−1.6% Reduced
NOWServiceNow	0.05%	$50.5m	508.5K	+8.2% Added
USBU.S. Bancorp	0.05%	$50.1m	830.2K	+0.5% Added
CVSCVS Health	0.04%	$49.5m	478.3K	+3.9% Added
ADPAutomatic Data Processing	0.04%	$49.2m	219.6K	+3.9% Added
STRLSterling Infrastructure, Inc.	0.04%	$49.2m	58.6K	−8.1% Reduced
AZNAstrazeneca PLC	0.04%	$49.1m	261.1K	+17.3% Added
EMREmerson Electric	0.04%	$48.9m	341.9K	+3.6% Added
APDAir Products	0.04%	$48.5m	165.5K	0.0%
MDTMedtronic	0.04%	$48.4m	618.4K	−11.2% Reduced
NOCNorthrop Grumman	0.04%	$47.7m	93.6K	+7.4% Added
URIUnited Rentals	0.04%	$46.9m	41.4K	+5.5% Added
EMEEmcor	0.04%	$46.4m	55.9K	+1.6% Added
COFCapital One	0.04%	$46.3m	230.8K	−4.2% Reduced
ISRGIntuitive Surgical	0.04%	$45.9m	115.3K	−4.4% Reduced
HOODRobinhood Markets	0.04%	$45.5m	453.8K	−14.8% Reduced
SBUXStarbucks	0.04%	$45.5m	444.9K	−20.1% Reduced
CAHCardinal Health	0.04%	$45.4m	191.3K	+0.7% Added
AMTAmerican Tower	0.04%	$44.7m	273.0K	+12.1% Added
SHOPShopify Inc.	0.04%	$44.0m	385.1K	+3.4% Added
PSXPhillips 66	0.04%	$43.1m	254.9K	−1.3% Reduced
AFLAflac	0.04%	$42.3m	360.8K	+3.6% Added
FCXFreeport-McMoRan	0.04%	$42.2m	670.7K	−2.6% Reduced
EPDEnterprise Products Partners L.p.	0.04%	$41.8m	1.14M	+4.0% Added
AEPAmerican Electric Power	0.04%	$41.7m	304.8K	+6.3% Added
BEBloom Energy	0.04%	$41.4m	136.8K	−9.4% Reduced
ELVElevance Health	0.04%	$41.3m	106.8K	+10.1% Added
KMBKimberly-Clark	0.04%	$40.8m	371.9K	+12.8% Added
CEGConstellation Energy	0.04%	$40.2m	161.9K	+9.1% Added
CLColgate-Palmolive	0.04%	$39.6m	432.3K	+11.6% Added
MARMarriott International	0.04%	$39.3m	106.0K	+8.0% Added
TFCTruist Financial	0.04%	$39.2m	787.2K	−3.0% Reduced
APPApplovin Corp	0.04%	$39.1m	75.9K	+8.2% Added
VRTXVertex Pharmaceuticals	0.04%	$38.8m	78.1K	+7.5% Added
FTNTFortinet	0.03%	$37.8m	245.9K	+9.6% Added
ITWIllinois Tool Works	0.03%	$37.3m	138.1K	+2.3% Added
ALLAllstate	0.03%	$37.1m	155.9K	+12.7% Added
TTTrane Technologies	0.03%	$36.8m	75.0K	+9.3% Added
MDLZMondelez International	0.03%	$36.7m	634.9K	−0.1%

Company	Bought (value)	Shares
KLACKLA Corporation	$117.8m	390.4K
AAPLApple Inc.	$85.2m	294.6K
MUMicron Technology	$73.5m	63.7K
SPCXSpace Exploration Technologies Corp	$71.5m	418.2K
MSFTMicrosoft Corporation	$58.9m	158.0K
BKNGBooking Holdings	$52.8m	296.3K
NVDANVIDIA Corporation	$49.8m	248.7K
AMZNAmazon	$43.6m	182.9K
GOOGLAlphabet Inc. (Class A)	$37.0m	103.6K
HONAHoneywell Aerospace	$36.3m	164.1K
HONHoneywell Technologies	$35.9m	160.5K
AVGOBroadcom	$30.8m	81.6K
SNDKSandisk	$26.8m	11.8K
LLYLilly (Eli)	$24.1m	20.1K
METAMeta Platforms	$22.7m	40.3K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
CRGYCrescent Energy Co	−$15.6m	−1.59M
PLTRPalantir Technologies Inc.	−$12.5m	−106.7K
SYYSysco	−$12.1m	−145.0K
SBUXStarbucks	−$11.5m	−112.1K
STWDStarwood Property Trust, Inc.	−$10.1m	−614.4K
DELLDell Technologies	−$9.9m	−23.0K
FDUSFidus Investment Corp	−$9.3m	−487.1K
AMDAdvanced Micro Devices	−$9.2m	−15.8K
TSLXSixth Street Specialty Lending, Inc.	−$9.1m	−529.7K
CTASCintas	−$8.8m	−51.8K
RITMRithm Capital Corp.	−$8.7m	−926.5K
CSCOCisco	−$8.2m	−69.8K
HOODRobinhood Markets	−$7.9m	−78.7K
NBISNebius Group N.V.	−$7.5m	−27.0K
SHWSherwin-Williams	−$6.8m	−19.7K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
ARISAris Mining Corp	$1.8m	95.6K
EGOEldorado Gold Corp	$1.3m	38.7K
TALTAL Education Group	$899,856	79.1K
DMCDEL Monte Corp	$748,121	18.6K
HROWHarrow, Inc.	$566,240	16.1K
ANGOAngiodynamics Inc	$561,962	49.4K
FBPFirst Bancorp	$533,726	25.0K
CALXCalix, Inc	$477,065	9.7K
VNETVnet Group, Inc.	$455,384	54.3K
KVYOKlaviyo, Inc.	$455,286	23.4K
KCKingsoft Cloud Holdings Ltd	$441,535	33.0K
SRADSportradar Group AG	$434,637	26.0K
VCVisteon Corp	$426,945	4.7K
ANIPANI Pharmaceuticals Inc	$373,273	4.9K
HCCWarrior MET Coal, Inc.	$364,684	3.9K
BLBlackline, Inc.	$362,526	9.8K
USLMUnited States Lime & Minerals Inc	$344,079	2.6K
TMETencent Music Entertainment Group	$337,937	36.4K
RNWRenew Energy Global plc	$336,245	73.4K
DOCSDoximity, Inc.	$326,619	14.0K
CERTCertara, Inc.	$324,256	56.9K
ATKRAtkore Inc.	$307,042	5.2K
KMTKennametal Inc	$302,608	8.4K
SHOEShoe Station Group Inc	$302,295	19.4K
KYMRKymera Therapeutics, Inc.	$300,011	3.6K
SEDGSolaredge Technologies, Inc.	$289,402	5.7K
GILTGilat Satellite Networks LTD	$287,715	19.4K
SLABSilicon Laboratories Inc.	$278,088	1.3K
UMHUMH Properties, Inc.	$260,480	18.1K
VPGVishay Precision Group, Inc.	$259,391	6.0K

Technology36.8%
Industrials11.9%
Financials10.8%
Consumer Discretionary9.3%
Health Care8.8%
Communication Services6.1%
Consumer Staples5.5%
Energy3.6%
Utilities2.8%
Real Estate2.3%
Materials2.1%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestAugust 14, 2020 to November 2, 2026	+14.9%	+15.5%	0.75	0.78	−23.8%	1.00
Last three yearsNovember 3, 2023 to November 2, 2026	+21.3%	+21.8%	1.15	1.16	−17.1%	0.98
Last yearNovember 7, 2025 to November 2, 2026	+13.9%	+14.2%	0.86	0.84	−7.6%	0.92

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.