CETERA INVESTMENT ADVISERS
Q4 2025 Form 13-F
SCHAUMBURG, ILLINOIS
CIK 0001666741
· CRD 105644
· SEC-registered investment adviser
$91.5B Reported Value Total
CETERA INVESTMENT ADVISERS LLC reports 584,487 total accounts under management (AUM). There are 477,899 discretionary accounts valued at $127,712,037,859, and 106,588 non-discretionary accounts valued at $36,080,776,661.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Source: Form ADV filed 2026-10-23
Reported value
$91.5B
Quarter over quarter
+1.6%
Holdings
4,595
Top-10 concentration
17.3%
Filing Structure
Reports holdings for
- GeoWealth Management LLC · File #028-16841 · Q3 2025 – Q1 2026 · declared by one filing
- TrustBank · File #028-26149 · Q4 2025 – Q1 2026 · declared by one filing
Key People
Form ADV owners & control persons
Jeffrey Robert Buchheister
CHIEF FINANCIAL OFFICER, MANAGER
Serge Budevich
VICE PRESIDENT, TAX OFFICER
Matthew Neil Kalani Fries
VICE PRESIDENT
Filing Navigation
13F Metrics
Loading 13F Metrics
Q4 2025 13F record
Q4 2025 13F filing summary
| Period of report | December 31, 2025 |
|---|---|
| Filed | February 17, 2026 |
| Form | 13F-HR |
| Reported value | $91.5B |
| Positions | 4,595 |
| Change in reported value | +6.3% |
| New positions | 298 |
| Exited positions | 198 |
| Position turnover | 10.4% |
| Top-10 concentration | 17.3% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q2 2026 13F
Filed Aug 12, 2026
|
4,863 | $109.8B |
|
Q1 2026 13F
Filed May 13, 2026
|
4,674 | $94.0B |
|
Q4 2025 13F
Filed Feb 17, 2026
|
4,595 | $91.5B |
|
Q3 2025 13F
Filed Nov 14, 2025
|
4,495 | $86.0B |
|
Q2 2025 13F
Filed Aug 8, 2025
|
4,044 | $59.3B |
|
Q1 2025 13F
Filed May 6, 2025
|
3,942 | $51.6B |
|
Q4 2024 13F
Filed Feb 14, 2025
|
3,725 | $47.8B |
|
Q3 2024 13F
Filed Nov 13, 2024
|
3,682 | $45.7B |
|
Q2 2024 13F
Filed Aug 22, 2024
|
3,683 | $43.4B |
|
Q1 2024 13F
Filed May 15, 2024
|
3,658 | $42.4B |
|
Q4 2023 13F
Filed Feb 13, 2024
|
2,211 | $12.3B |
|
Q3 2023 13F
Filed Nov 14, 2023
|
2,178 | $11.6B |
|
Q2 2023 13F
Filed Aug 10, 2023
|
2,173 | $11.9B |
|
Q1 2023 13F
Filed May 15, 2023
|
2,145 | $11.4B |
|
Q4 2022 13F
Filed Feb 14, 2023
|
2,088 | $10.8B |
|
Q3 2022 13F
Filed Nov 14, 2022
|
1,695 | $5.0B |
|
Q2 2022 13F
Filed Aug 11, 2022
|
1,807 | $6.3B |
|
Q1 2022 13F
Filed May 13, 2022
|
1,859 | $7.0B |
|
Q4 2021 13F
Filed Feb 14, 2022
|
1,846 | $7.0B |
|
Q3 2021 13F
Filed Nov 16, 2021
|
1,774 | $6.3B |
23 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q4 2025
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | IVV ISHARES TR | $2.8B | 3.03% |
| 2 | AAPL APPLE INC | $1.9B | 2.06% |
| 3 | NVDA NVIDIA CORPORATION | $1.8B | 1.96% |
| 4 | AGG ISHARES TR | $1.5B | 1.68% |
| 5 | VTV VANGUARD INDEX FDS | $1.4B | 1.55% |
| 6 | QQQ INVESCO QQQ TR | $1.4B | 1.5% |
| 7 | MSFT MICROSOFT CORP | $1.3B | 1.46% |
| 8 | SPY SPDR S&P 500 ETF TR | $1.2B | 1.36% |
| 9 | VONG VANGUARD SCOTTSDALE FDS | $1.2B | 1.36% |
| 10 | VOO VANGUARD INDEX FDS | $1.2B | 1.33% |
| 11 | VTI VANGUARD INDEX FDS | $1.1B | 1.19% |
| 12 | VUG VANGUARD INDEX FDS | $1.0B | 1.13% |
| 13 | AMZN AMAZON COM INC | $999.2M | 1.09% |
| 14 | IEFA ISHARES TR | $962.5M | 1.05% |
| 15 | SCHD SCHWAB STRATEGIC TR | $949.2M | 1.04% |
| 16 | IWF ISHARES TR | $739.8M | 0.81% |
| 17 | IVE ISHARES TR | $723.2M | 0.79% |
| 18 | CGDV CAPITAL GROUP DIVIDEND VALUE | $715.7M | 0.78% |
| 19 | GOOGL ALPHABET INC | $676.5M | 0.74% |
| 20 | IEMG ISHARES INC | $629.1M | 0.69% |
Values as reported on the Q4 2025 Form 13F. Every position is in the holdings table below.