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
1101	UFEBINNOVATOR ETFS TRUST	98,634	$3.0M	7.93%
1102	ETVEATON VANCE TAX-MANAGED BUY-	256,548	$3.0M	7.93%
1103	BHPBHP GROUP LTD SPONSORED	63,637	$3.0M	7.93%
1104	SILGLOBAL X FDS	36,370	$3.0M	7.93%
1105	FAUGFIRST TR EXCHNG TRADED FD VI FT VEST	65,467	$3.0M	7.93%
1106	AVUSAMERICAN CENTY	35,185	$3.0M	7.93%
1107	WINNHARBOR ETF TRUST	99,849	$3.0M	7.93%
1108	PFXFVANECK ETF TRUST	204,822	$3.0M	7.93%
1109	OAKMHARRIS OAKMARK ETF TRUST OAKMARK	122,508	$3.0M	7.93%
1110	SFMSPROUTS FMRS	42,607	$3.0M	7.93%
1111	FANGDIAMONDBACK	23,443	$3.0M	7.93%
1112	DHSWISDOMTREE	36,735	$3.0M	7.93%
1113	EVRGEVERGY	45,649	$3.0M	7.93%
1114	PPGPPG	34,145	$3.0M	7.93%
1115	ARKTARK ETF TR NEXT GNRTN	23,782	$3.0M	7.93%
1116	EMLCVANECK ETF TRUST JP MRGAN	134,007	$3.0M	7.93%
1117	FFLGFIDELITY COVINGTON TRUST FIDELITY	107,404	$3.0M	7.93%
1118	IYY*ISHARES	19,841	$3.0M	7.93%
1119	XFEBFIRST TR EXCHNG TRADED FD VI FT VEST	85,240	$3.0M	7.93%
1120	HESMHESS MIDSTREAM	87,556	$3.0M	7.93%
1121	SEIXVIRTUS ETF TR II SEIX SR LN	166,724	$3.0M	7.93%
1122	DAUGFIRST TR EXCHNG TRADED FD V	83,215	$3.0M	7.93%
1123	PKGPACKAGING	16,029	$3.0M	7.93%
1124	RWOSPDR	72,560	$3.0M	7.93%
1125	FNOVFIRST TR EXCHNG TRADED FD VI FT VEST	59,396	$3.0M	7.93%
1126	XFEBFIRST TR EXCHNG TRADED FD VI FT VEST	80,343	$3.0M	7.93%
1127	EX9EXELIXIS	85,582	$3.0M	7.93%
1128	SYLDCAMBRIA	56,837	$3.0M	7.93%
1129	PNOVINNOVATOR ETFS TRUST	74,192	$3.0M	7.93%
1130	GDMNWISDOMTREE	38,600	$3.0M	7.93%
1131	ARKQARK ETF TR AUTNMUS	31,203	$3.0M	7.93%
1132	EDOWFIRST TR EXCHANGE-TRADED	77,799	$3.0M	7.93%
1133	DRIDARDEN RESTAURANTS	18,348	$3.0M	7.93%
1134	BCATBLACKROCK CAP ALLOCATION TER	214,349	$3.0M	7.93%
1135	USALIBERTY ALL STAR	495,722	$3.0M	7.93%
1136	USXFISHARES	60,732	$3.0M	7.93%
1137	BBIOBRIDGEBIO	44,810	$3.0M	7.93%
1138	AVIGAMERICAN CENTY ETF TR AVANTIS	92,322	$3.0M	7.93%
1139	QDECFIRST TR EXCHNG TRADED FD VI FT VEST	95,516	$3.0M	7.93%
1140	DOCUDOCUSIGN	55,828	$3.0M	7.93%
1141	FSEPFIRST TR EXCHNG TRADED FD VI FT VEST	64,326	$3.0M	7.93%
1142	MDBMONGODB	7,304	$3.0M	7.93%
1143	HIGHARTFORD INSURANCE GROUP	25,761	$3.0M	7.93%
1144	MODLVICTORY PORTFOLIOS II VICTORYSHARES	72,913	$3.0M	7.93%
1145	QJUNFIRST TR EXCHNG TRADED FD VI FT VEST	117,852	$3.0M	7.93%
1146	TRFKPACER FDS TR DATA &	55,833	$3.0M	7.93%
1147	USDPROSHARES	58,213	$3.0M	7.93%
1148	SRESEMPRA	44,038	$3.0M	7.93%
1149	DUKQNORTHERN LIGHTS FD TR OCEAN PARK	112,502	$3.0M	7.93%
1150	ESNNORTHERN LTS FD TR II ESSENTIAL 40	194,983	$3.0M	7.93%
1151	VGKVANGUARD	42,379	$3.0M	7.93%
1152	BRBROADRIDGE FINL SOLUTIONS	14,807	$3.0M	7.93%
1153	MINOPIMCO	66,230	$3.0M	7.93%
1154	FTRIFIRST TR EXCHANGE TRADED FD INDXX	242,574	$3.0M	7.93%
1155	FTQIFIRST TR EXCHANGE TRADED	144,916	$3.0M	7.93%
1156	ICEINTERCONTINENTAL EXCHANGE	23,474	$3.0M	7.93%
1157	UTGREAVES	95,862	$3.0M	7.93%
1158	VFMOVANGUARD WELLINGTON	20,847	$3.0M	7.93%
1159	JJACOBS SOLUTIONS	30,132	$3.0M	7.93%
1160	JHMDJOHN HANCOCK EXCHANGE TRADED	81,367	$3.0M	7.93%
1161	MNSTMONSTER	43,180	$3.0M	7.93%
1162	FNYFIRST TR EXCHANGE-TRADED	32,991	$3.0M	7.93%
1163	TLTWISHARES TR 20 YEAR	161,788	$3.0M	7.93%
1164	FGDFIRST TR EXCHANGE TRADED FD DJ GLBL	102,223	$3.0M	7.93%
1165	STXIEA SERIES TRUST STRIVE	127,768	$3.0M	7.93%
1166	FMARFIRST TR EXCHNG TRADED FD VI FT VEST	82,114	$3.0M	7.93%
1167	FDISFIDELITY COVINGTON TRUST	32,846	$3.0M	7.93%
1168	NUSCNUSHARES ETF TR NUVEEN	71,377	$3.0M	7.93%
1169	FLDRFIDELITY MERRIMACK STR TR LOW DURTIN	60,002	$3.0M	7.93%
1170	IAKISHARES TR U.S. INSRNCE	14,733	$2.0M	5.29%
1171	LITGLOBAL X FDS LITHIUM BTRY	32,465	$2.0M	5.29%
1172	FCUSTIDAL TRUST II PINNACLE	76,840	$2.0M	5.29%
1173	RMERESMED	11,029	$2.0M	5.29%
1174	CSGPCOSTAR GROUP	37,851	$2.0M	5.29%
1175	CIENCIENA	8,893	$2.0M	5.29%
1176	DDLSWISDOMTREE	55,643	$2.0M	5.29%
1177	XMVMINVESCO EXCHANGE TRADED	31,952	$2.0M	5.29%
1178	GHYPGIM	240,551	$2.0M	5.29%
1179	PAMCPACER FDS TR LUNT MDCAP	46,577	$2.0M	5.29%
1180	KBWBINVESCO EXCH TRADED FD TR II KBW BK	25,666	$2.0M	5.29%
1181	HYGHISHARES	33,460	$2.0M	5.29%
1182	PAGPPLAINS GP HLDGS	107,786	$2.0M	5.29%
1183	PRIMPRIMORIS SVCS	20,605	$2.0M	5.29%
1184	REETISHARES	94,775	$2.0M	5.29%
1185	IBNDSPDR SERIES TRUST	62,635	$2.0M	5.29%
1186	HQYHEALTHEQUITY	28,209	$2.0M	5.29%
1187	EXIISHARES TR GLOB INDSTRL	11,607	$2.0M	5.29%
1188	WWJDNORTHERN LTS FD TR IV INSPIRE	56,830	$2.0M	5.29%
1189	TTDTHE TRADE DESK	70,860	$2.0M	5.29%
1190	MLPAGLOBAL X FDS GLBL	54,908	$2.0M	5.29%
1191	TJULINNOVATOR ETFS TRUST	90,392	$2.0M	5.29%
1192	JAJLINNOVATOR ETFS TRUST	91,870	$2.0M	5.29%
1193	PFFDGLOBAL X FDS	113,085	$2.0M	5.29%
1194	QPXADVISORSHARES	54,332	$2.0M	5.29%
1195	FQALFIDELITY COVINGTON TRUST QLTY FCTOR	26,813	$2.0M	5.29%
1196	ROLROLLINS	47,670	$2.0M	5.29%
1197	CSQCALAMOS STRATEGIC	151,834	$2.0M	5.29%
1198	EQTEQT	43,648	$2.0M	5.29%
1199	APLDAPPLIED DIGITAL	95,700	$2.0M	5.29%
1200	PAYCPAYCOM SOFTWARE	12,717	$2.0M	5.29%

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