CAMBRIDGE ASSOCIATES LLC /MA/ /ADV Concentrated Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VOO	VANGUARD INDEX FDS	938,105	$329,594	25.4%	$306.97	—	S&P 500 ETF SHS	922908363
VT	VANGUARD INTL EQUITY INDEX F	3,234,078	$278,745	21.5%	$80.22	—	TT WRLD ST ETF	922042742
VEA	VANGUARD TAX-MANAGED INTL FD	1,701,371	$71,407	5.5%	$43.62	—	FTSE DEV MKT ETF	921943858
VTI	VANGUARD INDEX FDS	288,511	$55,160	4.3%	$184.61	—	TOTAL STK MKT	922908769
AGG	ISHARES TR	531,030	$51,505	4.0%	$112.42	—	CORE US AGGBD ET	464287226
VTIP	VANGUARD MALVERN FDS	1,098,974	$51,333	4.0%	$50.79	—	STRM INFPROIDX	922020805
VWO	VANGUARD INTL EQUITY INDEX F	1,262,430	$49,210	3.8%	$41.97	—	FTSE EMR MKT ETF	922042858
SPY	SPDR S&P 500 ETF TR	122,852	$46,982	3.6%	$331.98	—	TR UNIT	78462F103
GLD	SPDR GOLD TR	235,802	$40,001	3.1%	$140.29	—	GOLD SHS	78463V107
VGLT	VANGUARD SCOTTSDALE FDS	575,813	$35,482	2.7%	$82.89	—	LONG TERM TREAS	92206C847
VUG	VANGUARD INDEX FDS	160,330	$34,168	2.6%	$152.83	—	GROWTH ETF	922908736
IEMG	ISHARES INC	636,657	$29,732	2.3%	$54.76	—	CORE MSCI EMKT	46434G103
IWD	ISHARES TR	171,956	$26,077	2.0%	$151.65	—	RUS 1000 VAL ETF	464287598
IEF	ISHARES TR	238,229	$22,818	1.8%	$112.34	—	BARCLAYS 7 10 YR	464287440
ACWI	ISHARES TR	240,157	$20,385	1.6%	$93.09	—	MSCI ACWI ETF	464288257
VONV	VANGUARD SCOTTSDALE FDS	262,826	$17,499	1.4%	$76.54	—	VNG RUS1000VAL	92206C714
BSV	VANGUARD BD INDEX FDS	179,444	$13,509	1.0%	$78.16	—	SHORT TRM BOND	921937827
IVV	ISHARES TR	33,180	$12,748	1.0%	$296.73	—	CORE S&P500 ETF	464287200
IEFA	ISHARES TR	191,612	$11,811	0.9%	$59.75	—	CORE MSCI EAFE	46432F842
GNR	SPDR INDEX SHS FDS	181,198	$10,332	0.8%	$47.60	—	GLB NAT RESRCE	78463X541
TIP	ISHARES TR	85,899	$9,143	0.7%	$122.99	—	TIPS BD ETF	464287176
IJR	ISHARES TR	89,378	$8,459	0.7%	$88.21	—	CORE S&P SCP ETF	464287804
ESGV	VANGUARD WORLD FD	125,834	$8,287	0.6%	$66.91	—	ESG US STK ETF	921910733
IAU	ISHARES GOLD TR	235,182	$8,135	0.6%	$35.16	—	ISHARES NEW	464285204
TLT	ISHARES TR	74,206	$7,388	0.6%	$142.86	—	20 YR TR BD ETF	464287432
VTV	VANGUARD INDEX FDS	40,151	$5,636	0.4%	$133.33	—	VALUE ETF	922908744
USMV	ISHARES TR	73,530	$5,304	0.4%	$72.14	—	MSCI USA MIN VOL	46429B697
VONE	VANGUARD SCOTTSDALE FDS	25,303	$4,409	0.3%	$131.65	—	VNG RUS1000IDX	92206C730
VNQ	VANGUARD INDEX FDS	53,056	$4,376	0.3%	$83.23	—	REAL ESTATE ETF	922908553
IWM	ISHARES TR	24,225	$4,224	0.3%	$185.44	—	RUSSELL 2000 ETF	464287655
USRT	ISHARES TR	80,120	$3,962	0.3%	$64.65	—	CRE U S REIT ETF	464288521
SCHO	SCHWAB STRATEGIC TR	80,542	$3,885	0.3%	$51.17	—	SHT TM US TRES	808524862
VDE	VANGUARD WORLD FDS	19,309	$2,342	0.2%	$121.28	—	ENERGY ETF	92204A306
STIP	ISHARES TR	23,967	$2,324	0.2%	$100.13	—	0-5 YR TIPS ETF	46429B747
VTWO	VANGUARD SCOTTSDALE FDS	30,914	$2,175	0.2%	$82.84	—	VNG RUS2000VAL	92206C664
—	WORLD GOLD TR	51,396	$1,860	0.1%	$32.98	—	SPDR GLD MINIS	98149E204
VSGX	VANGUARD WORLD FD	32,334	$1,591	0.1%	$48.52	—	ESG INTL STK ETF	921910725
VGIT	VANGUARD SCOTTSDALE FDS	22,586	$1,321	0.1%	$62.92	—	INTER TERM TREAS	92206C706
BIV	VANGUARD BD INDEX FDS	13,583	$1,009	0.1%	$74.32	—	INTERMED TERM	921937819
SCHR	SCHWAB STRATEGIC TR	19,842	$977	0.1%	$54.18	—	INTRM TRM TRES	808524854
ISRA	VANECK VECTORS ETF TR	15,615	$557	0.0%	$4.30	—	ISRAEL ETF	92189F635
HEFA	ISHARES TR	12,476	$337	0.0%	$27.52	—	HDG MSCI EAFE	46434V803