The invention discloses a cable reel material storage frame with an anti-theft function. The cable reel material storage frame comprises a base and two side supports arranged on the two sides of the base; the two side supports are connected together through a hinge shaft, the lower ends of support arms are clamped to the four corners of the base through clamping pieces, a plurality of parallel outer transverse arms are fixedly connected to equal-height positions of adjacent support arms of the two side supports, a vertically-upward extending inner supporting frame is fixedly installed at the position, below the hinge shaft, of the base through a middle connecting piece, and inner transverse arms corresponding to the outer transverse arms in a one-to-one manner are fixedly arranged in the inner supporting frame; and the cable reel material storage frame further comprises a disc shaft for installing multiple cable reels in an insertion manner, the two ends of the disc shaft are each provided with a plurality of limiting device for positioning the multiple cable reels to the disc shaft, and the two ends of the disc shaft are in clamped fit with equal-height clamping claws of the support arms on the same sides of the two side supports. The cable reel material storage frame can be rapidly assembled, the cable reels can be rapidly stored in place, the warehouse space using rate can be greatly improved after storage, storage is firm, taking and placing are convenient, disassembling for storage is convenient when the cable reel material storage frame is not used, the occupied space is small, and the anti-theft function is achieved.