# Cetera Advisor Networks LLC

> Institutional holdings reported to the SEC as of Q4 2023 on Form 13F. CIK 1534468. Source: https://holderbook.com/funds/1534468-cetera-advisor-networks-llc/

- Reported value: $18.0B
- Positions: 2,767
- Weight of the ten largest: 16.3%
- Filed: 2024-02-13

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $489.2M | 2,540,771 | 2.7% | 21 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $397.0M | 831,093 | 2.2% | 21 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $368.6M | 980,160 | 2.1% | 21 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $304.0M | 742,394 | 1.7% | 21 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $283.1M | 648,059 | 1.6% | 21 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $257.3M | 541,340 | 1.4% | 21 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $209.9M | 1,381,519 | 1.2% | 21 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $209.2M | 2,288,638 | 1.2% | 21 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $203.9M | 672,579 | 1.1% | 21 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $198.8M | 838,034 | 1.1% | 21 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $191.3M | 1,927,596 | 1.1% | 21 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $175.8M | 1,175,633 | 1.0% | 21 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $155.5M | 314,098 | 0.9% | 21 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $139.7M | 449,454 | 0.8% | 21 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $137.7M | 1,872,098 | 0.8% | 21 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $126.0M | 747,395 | 0.7% | 10 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $120.7M | 338,426 | 0.7% | 21 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $116.1M | 1,649,903 | 0.6% | 21 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $115.3M | 1,032,581 | 0.6% | 21 |
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $113.8M | 2,069,940 | 0.6% | 12 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $109.5M | 629,436 | 0.6% | 21 |
| PACER FDS TR | [COWZ](https://holderbook.com/stocks/COWZ/) | $99.2M | 1,907,690 | 0.6% | 21 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $97.9M | 2,043,051 | 0.5% | 21 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $94.6M | 363,479 | 0.5% | 21 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $91.5M | 912,306 | 0.5% | 7 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $90.4M | 835,142 | 0.5% | 21 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $89.6M | 446,479 | 0.5% | 21 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $88.9M | 1,532,968 | 0.5% | 21 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $87.0M | 1,337,074 | 0.5% | 21 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $85.9M | 446,221 | 0.5% | 21 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $84.9M | 389,093 | 0.5% | 21 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $83.5M | 1,492,938 | 0.5% | 12 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $83.1M | 434,785 | 0.5% | 21 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $81.7M | 235,651 | 0.5% | 21 |
| SPDR SERIES TRUST | [SPYV](https://holderbook.com/stocks/SPYV/) | $81.6M | 1,750,704 | 0.5% | 12 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $79.2M | 223,811 | 0.4% | 21 |
| VANGUARD CHARLOTTE FDS | [BNDX](https://holderbook.com/stocks/BNDX/) | $77.9M | 1,578,009 | 0.4% | 21 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $76.8M | 464,838 | 0.4% | 21 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $75.7M | 513,190 | 0.4% | 21 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $74.5M | 141,534 | 0.4% | 21 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $73.8M | 680,977 | 0.4% | 21 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $73.8M | 410,063 | 0.4% | 21 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $73.7M | 152,194 | 0.4% | 21 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $73.6M | 526,539 | 0.4% | 21 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $73.5M | 316,123 | 0.4% | 21 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $72.9M | 428,047 | 0.4% | 21 |
| BONDBLOXX ETF TRUST | [XHLF](https://holderbook.com/stocks/XHLF/) | $72.9M | 1,452,324 | 0.4% | 1 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $72.5M | 820,455 | 0.4% | 21 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $72.5M | 514,323 | 0.4% | 21 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $70.2M | 476,934 | 0.4% | 21 |
| ISHARES TR | [IUSB](https://holderbook.com/stocks/IUSB/) | $69.8M | 1,516,003 | 0.4% | 21 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $67.0M | 808,004 | 0.4% | 21 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $64.9M | 1,578,935 | 0.4% | 21 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $64.8M | 518,395 | 0.4% | 21 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $63.8M | 230,043 | 0.4% | 21 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $63.5M | 373,594 | 0.4% | 21 |
| ISHARES TR | [IXUS](https://holderbook.com/stocks/IXUS/) | $63.0M | 970,040 | 0.4% | 21 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $62.3M | 1,240,924 | 0.3% | 21 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $61.8M | 248,766 | 0.3% | 21 |
| KAYNE ANDERSON ENERGY INFRST | [KYN](https://holderbook.com/stocks/KYN/) | $61.8M | 7,033,362 | 0.3% | 11 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $61.4M | 1,212,966 | 0.3% | 21 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $61.3M | 418,034 | 0.3% | 21 |
| ISHARES TR | [IQLT](https://holderbook.com/stocks/IQLT/) | $60.5M | 1,611,815 | 0.3% | 16 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $60.4M | 603,861 | 0.3% | 21 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $59.6M | 246,689 | 0.3% | 21 |
| ISHARES TR | [TFLO](https://holderbook.com/stocks/TFLO/) | $58.0M | 1,149,713 | 0.3% | 5 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $56.4M | 264,472 | 0.3% | 21 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $54.6M | 972,243 | 0.3% | 21 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $54.5M | 708,038 | 0.3% | 21 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $52.8M | 534,187 | 0.3% | 21 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $51.5M | 328,598 | 0.3% | 21 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $51.0M | 373,759 | 0.3% | 21 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $49.8M | 653,911 | 0.3% | 21 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $49.7M | 924,211 | 0.3% | 21 |
| WISDOMTREE TR | [DGRW](https://holderbook.com/stocks/DGRW/) | $49.3M | 701,468 | 0.3% | 21 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $48.4M | 324,435 | 0.3% | 21 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $48.3M | 43,236 | 0.3% | 21 |
| ISHARES TR | [GOVT](https://holderbook.com/stocks/GOVT/) | $48.0M | 2,084,158 | 0.3% | 21 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $47.8M | 161,068 | 0.3% | 21 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $47.2M | 71,561 | 0.3% | 21 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $46.9M | 603,951 | 0.3% | 21 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $46.8M | 604,692 | 0.3% | 21 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $46.6M | 79,911 | 0.3% | 21 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $46.4M | 293,758 | 0.3% | 21 |
| CAPITAL GROUP DIVIDEND VALUE | [CGDV](https://holderbook.com/stocks/CGDV/) | $46.2M | 1,547,344 | 0.3% | 6 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $44.6M | 287,561 | 0.2% | 21 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $44.1M | 586,946 | 0.2% | 21 |
| ISHARES TR | [EFV](https://holderbook.com/stocks/EFV/) | $43.9M | 842,904 | 0.2% | 21 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $43.6M | 399,803 | 0.2% | 21 |
| FIRST TR EXCHANGE-TRADED FD | [RDVY](https://holderbook.com/stocks/RDVY/) | $42.2M | 816,415 | 0.2% | 21 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $41.2M | 1,091,742 | 0.2% | 21 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $40.9M | 259,142 | 0.2% | 21 |
| FIRST TR EXCHANGE-TRADED FD | [FTCS](https://holderbook.com/stocks/FTCS/) | $39.8M | 497,848 | 0.2% | 21 |
| ISHARES TR | [IWO](https://holderbook.com/stocks/IWO/) | $39.6M | 157,069 | 0.2% | 21 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $39.6M | 92,766 | 0.2% | 21 |
| ISHARES TR | [ESGU](https://holderbook.com/stocks/ESGU/) | $38.5M | 366,992 | 0.2% | 18 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $38.1M | 224,174 | 0.2% | 21 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $37.9M | 402,615 | 0.2% | 21 |
| SPDR SERIES TRUST | [SPTL](https://holderbook.com/stocks/SPTL/) | $37.6M | 1,296,144 | 0.2% | 21 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $37.4M | 82,485 | 0.2% | 21 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q4 2023 | +9.3% | +11.2% | -1.8% | 100% |
| Q3 2023 | -3.6% | -3.6% | -0.0% | 100% |
| Q2 2023 | +4.7% | +8.3% | -3.6% | 100% |
| Q1 2023 | +4.8% | +7.0% | -2.3% | 100% |
| Q4 2022 | +6.8% | +7.1% | -0.2% | 100% |
| Q3 2022 | -5.4% | -5.3% | -0.0% | 100% |
| Q2 2022 | -14.6% | -16.5% | +1.9% | 100% |
| Q1 2022 | -4.5% | -4.9% | +0.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2023 | $18.0B | 2,767 |
| Q3 2023 | $15.8B | 2,696 |
| Q2 2023 | $14.4B | 2,596 |
| Q1 2023 | $13.6B | 2,578 |
| Q4 2022 | $12.3B | 2,535 |
| Q3 2022 | $8.1B | 2,077 |
| Q2 2022 | $7.8B | 2,055 |
| Q1 2022 | $8.2B | 2,055 |
| Q4 2021 | $8.2B | 2,024 |
| Q3 2021 | $7.4B | 1,945 |
| Q2 2021 | $7.1B | 1,884 |
| Q1 2021 | $4.7B | 1,474 |