Cambridge Associates 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ISHARES TR	MSCI ACWI ETF	464288257	20,384,527	240,157	SH		SOLE		0	0	240,157
ISHARES TR	CORE US AGGBD ET	464287226	51,504,600	531,030	SH		SOLE		116,696	0	414,334
VANGUARD BD INDEX FDS	SHORT TRM BOND	921937827	13,508,544	179,444	SH		SOLE		0	0	179,444
ISHARES TR	RUS 1000 VAL ETF	464287598	26,077,128	171,956	SH		SOLE		55,874	0	116,082
VANGUARD WORLD FD	ESG US STK ETF	921910733	8,287,427	125,834	SH		SOLE		0	0	125,834
VANGUARD BD INDEX FDS	INTERMED TERM	921937819	1,009,489	13,583	SH		SOLE		0	0	13,583
SPDR GOLD TR	GOLD SHS	78463V107	40,001,452	235,802	SH		SOLE		0	0	235,802
WORLD GOLD TR	SPDR GLD MINIS	98149E204	1,860,021	51,396	SH		SOLE		0	0	51,396
SPDR INDEX SHS FDS	GLB NAT RESRCE	78463X541	10,331,910	181,198	SH		SOLE		85,817	0	95,381
VANGUARD WORLD FDS	ENERGY ETF	92204A306	2,341,796	19,309	SH		SOLE		0	0	19,309
ISHARES TR	HDG MSCI EAFE	46434V803	336,852	12,476	SH		SOLE		12,476	0	0
ISHARES TR	BARCLAYS 7 10 YR	464287440	22,817,573	238,229	SH		SOLE		12,881	0	225,348
ISHARES TR	CORE MSCI EAFE	46432F842	11,810,964	191,612	SH		SOLE		0	0	191,612
ISHARES INC	CORE MSCI EMKT	46434G103	29,731,884	636,657	SH		SOLE		30,940	0	605,717
VANECK VECTORS ETF TR	ISRAEL ETF	92189F635	557,340	15,615	SH		SOLE		0	0	15,615
ISHARES TR	CORE S&P500 ETF	464287200	12,748,088	33,180	SH		SOLE		0	0	33,180
ISHARES TR	RUSSELL 2000 ETF	464287655	4,223,871	24,225	SH		SOLE		0	0	24,225
ISHARES TR	MSCI USA MIN VOL	46429B697	5,304,376	73,530	SH		SOLE		73,530	0	0
SCHWAB STRATEGIC TR	SHT TM US TRES	808524862	3,885,346	80,542	SH		SOLE		0	0	80,542
SCHWAB STRATEGIC TR	INTRM TRM TRES	808524854	976,822	19,842	SH		SOLE		0	0	19,842
SPDR S&P 500 ETF TR	TR UNIT	78462F103	46,982,290	122,852	SH		SOLE		0	0	122,852
ISHARES TR	0-5 YR TIPS ETF	46429B747	2,323,840	23,967	SH		SOLE		0	0	23,967
ISHARES TR	TIPS BD ETF	464287176	9,143,090	85,899	SH		SOLE		0	0	85,899
ISHARES TR	20 YR TR BD ETF	464287432	7,387,949	74,206	SH		SOLE		0	0	74,206
VANGUARD TAX-MANAGED INTL FD	FTSE DEV MKT ETF	921943858	71,406,543	1,701,371	SH		SOLE		345,214	0	1,356,157
VANGUARD SCOTTSDALE FDS	LONG TERM TREAS	92206C847	35,481,597	575,813	SH		SOLE		0	0	575,813
VANGUARD INDEX FDS	REAL ESTATE ETF	922908553	4,376,059	53,056	SH		SOLE		36,419	0	16,637
VANGUARD SCOTTSDALE FDS	VNG RUS1000IDX	92206C730	4,409,301	25,303	SH		SOLE		0	0	25,303
VANGUARD SCOTTSDALE FDS	VNG RUS1000VAL	92206C714	17,498,955	262,826	SH		SOLE		0	0	262,826
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	329,593,810	938,105	SH		SOLE		121,127	0	816,978
VANGUARD WORLD FD	ESG INTL STK ETF	921910725	1,590,509	32,334	SH		SOLE		0	0	32,334
VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF	922042742	278,745,182	3,234,078	SH		SOLE		320,957	0	2,913,121
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	55,160,418	288,511	SH		SOLE		0	0	288,511
VANGUARD MALVERN FDS	STRM INFPROIDX	922020805	51,333,076	1,098,974	SH		SOLE		291,213	0	807,761
VANGUARD INDEX FDS	VALUE ETF	922908744	5,635,996	40,151	SH		SOLE		0	0	40,151
VANGUARD INDEX FDS	GROWTH ETF	922908736	34,167,926	160,330	SH		SOLE		77,248	0	83,082
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	49,209,522	1,262,430	SH		SOLE		15,374	0	1,247,056
ISHARES TR	CORE S&P SCP ETF	464287804	8,458,734	89,378	SH		SOLE		0	0	89,378
ISHARES GOLD TR	ISHARES NEW	464285204	8,134,945	235,182	SH		SOLE		8,156	0	227,026
VANGUARD SCOTTSDALE FDS	VNG RUS2000VAL	92206C664	2,175,418	30,914	SH		SOLE		0	0	30,914
VANGUARD SCOTTSDALE FDS	INTER TERM TREAS	92206C706	1,320,829	22,586	SH		SOLE		0	0	22,586
ISHARES TR	CRE U S REIT ETF	464288521	3,961,934	80,120	SH		SOLE		0	0	80,120