Cambridge Investment Research Advisors, Inc. Q4 2025 Filing

Filed February 5, 2026

Portfolio Value

$37.8M

Holdings

3,812

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (3,812 positions)

#	Stock	Shares	Value	% Portfolio
1001	FJULFIRST TR EXCHNG TRADED FD VI FT VEST	89,124	$4.0M	10.57%
1002	MTBM & T BK	22,671	$4.0M	10.57%
1003	BTCGRAYSCALE BITCOIN MINI	120,093	$4.0M	10.57%
1004	CMDTPIMCO	170,586	$4.0M	10.57%
1005	LONZPIMCO ETF TR SR LN	83,312	$4.0M	10.57%
1006	TELTE CONNECTIVITY	18,210	$4.0M	10.57%
1007	PFFVGLOBAL X FDS	218,978	$4.0M	10.57%
1008	NNOVINNOVATOR ETFS TRUST	143,211	$4.0M	10.57%
1009	ILDRFIRST TR EXCHNG TRADED FD VI	107,563	$3.0M	7.93%
1010	RGTIRIGETTI	178,918	$3.0M	7.93%
1011	FNYFIRST TR EXCHANGE-TRADED	32,991	$3.0M	7.93%
1012	AVIGAMERICAN CENTY ETF TR AVANTIS	92,322	$3.0M	7.93%
1013	HCMTDIREXION	94,841	$3.0M	7.93%
1014	FTRIFIRST TR EXCHANGE TRADED FD INDXX	242,574	$3.0M	7.93%
1015	TLTWISHARES TR 20 YEAR	161,788	$3.0M	7.93%
1016	UTGREAVES	95,862	$3.0M	7.93%
1017	UUPINVESCO DB US DLR INDEX TR BULLISH	136,891	$3.0M	7.93%
1018	IWCISHARES TR MICRO-CAP	20,559	$3.0M	7.93%
1019	VFMVVANGUARD WELLINGTON	27,820	$3.0M	7.93%
1020	MISLFIRST TR EXCHANGE-TRADED FD INDXX	82,072	$3.0M	7.93%
1021	BRBROADRIDGE FINL SOLUTIONS	14,807	$3.0M	7.93%
1022	AOKISHARES	92,818	$3.0M	7.93%
1023	YJUNFIRST TR EXCHNG TRADED FD VI FT VEST	154,288	$3.0M	7.93%
1024	GDEWISDOMTREE	59,457	$3.0M	7.93%
1025	YEARAB ACTIVE ETFS	77,200	$3.0M	7.93%
1026	PJUNINNOVATOR ETFS TRUST	78,014	$3.0M	7.93%
1027	BKHBLACK HILLS	49,795	$3.0M	7.93%
1028	RSRELIANCE	10,915	$3.0M	7.93%
1029	WTRGESSENTIAL UTILS	94,771	$3.0M	7.93%
1030	IDHQINVESCO EXCH TRADED FD TR II	92,158	$3.0M	7.93%
1031	VCEBVANGUARD	47,569	$3.0M	7.93%
1032	QDECFIRST TR EXCHNG TRADED FD VI FT VEST	95,516	$3.0M	7.93%
1033	COHRCOHERENT	20,192	$3.0M	7.93%
1034	DXJWISDOMTREE	20,995	$3.0M	7.93%
1035	SMIGETF SER SOLUTIONS BAHL GAYNOR	118,118	$3.0M	7.93%
1036	QSQUANTUMSCAPE	332,815	$3.0M	7.93%
1037	FSCSFIRST TR EXCHANGE TRADED	97,026	$3.0M	7.93%
1038	USIGISHARES	59,742	$3.0M	7.93%
1039	UDECINNOVATOR ETFS TRUST	86,721	$3.0M	7.93%
1040	ROBOEXCHANGE TRADED CONCEPTS TRU ROBO	48,973	$3.0M	7.93%
1041	CZAINVESCO EXCHANGE TRADED FD T ZACKS	28,776	$3.0M	7.93%
1042	DEODIAGEO PLC SPON	37,033	$3.0M	7.93%
1043	VWOBVANGUARD WHITEHALL FDS	52,969	$3.0M	7.93%
1044	EVSMMORGAN STANLEY ETF TRUST EATON VANCE	71,879	$3.0M	7.93%
1045	VAWVANGUARD	18,302	$3.0M	7.93%
1046	FLBLFRANKLIN TEMPLETON ETF TR SENIOR LOAN	154,670	$3.0M	7.93%
1047	FFEBFIRST TR EXCHNG TRADED FD VI FT VEST	55,832	$3.0M	7.93%
1048	DOVDOVER	16,247	$3.0M	7.93%
1049	GTOINVESCO ACTIVELY MANAGED EXC	63,871	$3.0M	7.93%
1050	ARKFARK ETF TR BLOCKCHAIN &	66,994	$3.0M	7.93%
1051	BDVLBLACKROCK ETF TRUST	144,314	$3.0M	7.93%
1052	PHMPULTE GROUP	26,983	$3.0M	7.93%
1053	GOLYSTRATEGY	94,365	$3.0M	7.93%
1054	REMXVANECK ETF TRUST RARE EARTH	50,237	$3.0M	7.93%
1055	ULTAULTA BEAUTY	6,098	$3.0M	7.93%
1056	NAPRINNOVATOR ETFS TRUST GRWT100	61,705	$3.0M	7.93%
1057	RISRTIDAL TRUST I FOLIOBEYOND	108,286	$3.0M	7.93%
1058	VIKVIKING HOLDINGS	55,717	$3.0M	7.93%
1059	CTVACORTEVA	54,880	$3.0M	7.93%
1060	FEFIRSTENERGY	75,784	$3.0M	7.93%
1061	FEZSPDR	60,579	$3.0M	7.93%
1062	TDVIFIRST TR EXCHANGE-TRADED FD FT VEST	114,891	$3.0M	7.93%
1063	HTGCHERCULES	167,690	$3.0M	7.93%
1064	NUVNUVEEN	411,194	$3.0M	7.93%
1065	ACWVISHARES	28,714	$3.0M	7.93%
1066	CERYSPDR SERIES TRUST	120,168	$3.0M	7.93%
1067	YMARFIRST TR EXCHNG TRADED FD VI FT VEST	120,030	$3.0M	7.93%
1068	FITBFIFTH THIRD BANCORP	82,681	$3.0M	7.93%
1069	SEIXVIRTUS ETF TR II SEIX SR LN	166,724	$3.0M	7.93%
1070	IPKWINVESCO EXCH TRADED FD TR II	65,637	$3.0M	7.93%
1071	ZTSZOETIS	31,530	$3.0M	7.93%
1072	FTXOFIRST TR EXCHANGE TRADED FD NASDAQ BK	98,719	$3.0M	7.93%
1073	PDXPIMCO	194,265	$3.0M	7.93%
1074	PHYLPGIM ETF TR ACTV HY	102,668	$3.0M	7.93%
1075	STXGEA SERIES TRUST STRIVE	64,983	$3.0M	7.93%
1076	TDVGT ROWE PRICE ETF INC PRICE	69,965	$3.0M	7.93%
1077	VRPINVESCO EXCH TRADED FD TR II	126,351	$3.0M	7.93%
1078	OAKMHARRIS OAKMARK ETF TRUST OAKMARK	122,508	$3.0M	7.93%
1079	BEBLOOM	36,936	$3.0M	7.93%
1080	XGDVXGABELLI DIVID &	135,549	$3.0M	7.93%
1081	NJANINNOVATOR ETFS TRUST GRWT100	69,243	$3.0M	7.93%
1082	FVALFIDELITY COVINGTON TRUST	45,262	$3.0M	7.93%
1083	QLDPROSHARES	53,089	$3.0M	7.93%
1084	FEMRFIDELITY COVINGTON TRUST	97,342	$3.0M	7.93%
1085	LEUCENTRUS	15,712	$3.0M	7.93%
1086	MPTMEDICAL PPTYS TRUST	603,835	$3.0M	7.93%
1087	FSTAFIDELITY COVINGTON TRUST CONSMR	79,909	$3.0M	7.93%
1088	WCNWASTE CONNECTIONS	22,514	$3.0M	7.93%
1089	BGLDFIRST TR EXCHANGE-TRADED FD VEST	228,329	$3.0M	7.93%
1090	HALHALLIBURTON	120,572	$3.0M	7.93%
1091	AONAON	9,127	$3.0M	7.93%
1092	EX9EXELIXIS	85,582	$3.0M	7.93%
1093	HYDVANECK ETF TRUST	72,299	$3.0M	7.93%
1094	OCOWENS CORNING	31,491	$3.0M	7.93%
1095	OROR ROYALTIES INC.	110,703	$3.0M	7.93%
1096	SFMSPROUTS FMRS	42,607	$3.0M	7.93%
1097	ICLNISHARES	183,728	$3.0M	7.93%
1098	EUDGWISDOMTREE	95,152	$3.0M	7.93%
1099	GABGABELLI	561,852	$3.0M	7.93%
1100	HIIHUNTINGTON INGALLS	9,777	$3.0M	7.93%

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