Cetera Investment Advisers

Wealth advisor Mechanical CIK 1666741
League rank
#1254
in Wealth advisor · #3930 overall
Long book
$94.00B
Q1 2026
Positions
4674
Top-10 weight
16%
concentration
Last quarter
+11.4%
SPY +14.8%
Turnover
10%
of book per quarter

Strategy in plain words

auto-generated from filings

Cetera Investment Advisers is a wealth-management firm allocating client money, running a $94.00B US long book across 4674 positions.

The portfolio is broadly diversified across 4674 positions (top 10 only 16%). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: ISHARES CORE S&P 500 ETF, APPLE INC, NVIDIA CORP, VANGUARD VALUE ETF, ISHARES CORE U.S. AGGREGATE.

Over the last 9 quarters its long book ran on average 0.6pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+2.4%
Q2 2024
+6.0%
Q3 2024
+0.5%
Q4 2024
-1.9%
Q1 2025
+8.5%
Q2 2025
+7.0%
Q3 2025
+2.2%
Q4 2025
-1.3%
Q1 2026
+11.4%

Sector allocation

Technology
36%
Industrials
12%
Financials
11%
Consumer discretionary
10%
Healthcare
8%
Utilities
5%
Energy
5%
Services media
4%

Long book by quarter

$42.40B
Q1 2024
$43.42B
Q2 2024
$45.71B
Q3 2024
$47.83B
Q4 2024
$51.63B
Q1 2025
$59.25B
Q2 2025
$86.05B
Q3 2025
$91.49B
Q4 2025
$94.00B
Q1 2026

What does Cetera Investment own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology7.1M$1.79B1.9%+1.6%
NVDA NVIDIA CORPTechnology9.6M$1.68B1.8%+0.2%
MSFT MICROSOFT CORPTechnology2.9M$1.07B1.1%+4.5%
AMZN AMAZON.COM INCConsumer discretionary4.5M$930.9M1.0%+3.3%
GOOGL ALPHABET INC-CL ATechnology2.2M$624.3M0.7%+0.4%
AVGO BROADCOM INCTechnology1.6M$486.5M0.5%+5.1%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials975.3K$467.3M0.5%+3.8%
GOOG ALPHABET INC-CL CTechnology1.5M$437.6M0.5%+3.6%
META META PLATFORMS INC-CLASS ATechnology761.4K$435.6M0.5%+2.4%
JPM JPMORGAN CHASE & COFinancials1.4M$417.1M0.4%+1.8%
XOM EXXON MOBIL CORPEnergy2.4M$404.0M0.4%+0.9%
TSLA TESLA INCIndustrials959.4K$356.7M0.4%+3.7%
WMT WALMART INCConsumer discretionary2.8M$349.9M0.4%+1.0%
LLY ELI LILLY & COHealthcare346.0K$318.2M0.3%+4.9%
JNJ JOHNSON & JOHNSONHealthcare1.0M$252.9M0.3%+1.0%
V VISA INC-CLASS A SHARESServices media834.9K$252.3M0.3%-1.7%
CVX CHEVRON CORPEnergy1.2M$247.9M0.3%+2.9%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology1.7M$243.8M0.3%+2.6%
COST COSTCO WHOLESALE CORPConsumer discretionary241.3K$240.4M0.3%+0.7%
ABBV ABBVIE INCHealthcare965.4K$210.0M0.2%+1.7%
CAT CATERPILLAR INCIndustrials295.8K$209.6M0.2%+2.7%
HD HOME DEPOT INCConsumer discretionary579.5K$190.6M0.2%+3.0%
AMD ADVANCED MICRO DEVICESTechnology899.0K$182.9M0.2%+3.9%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 13, 20264790$94.00B canonicalSEC ↗
Q4 202513F-HRFeb 17, 20264685$91.50B canonicalSEC ↗
Q3 202513F-HRNov 14, 20254566$86.05B canonicalSEC ↗
Q2 202513F-HRAug 8, 20254085$59.26B canonicalSEC ↗
Q1 202513F-HRMay 6, 20253975$51.63B canonicalSEC ↗
Q4 202413F-HRFeb 14, 20253762$47.83B canonicalSEC ↗
Q3 202413F-HRNov 13, 20243714$45.71B canonicalSEC ↗
Q2 202413F-HRAug 22, 20243724$43.42B canonicalSEC ↗
Q1 202413F-HR/ARESTATEMENTMay 24, 20243696$42.40B canonicalSEC ↗
Q1 202413F-HRMay 15, 20241784$9.29B SEC ↗