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
1301	NVBWAIM ETF PRODUCTS TRUST ALLIANZIM	68,426	$2.0M	5.29%
1302	GNRCGENERAC HLDGS	20,801	$2.0M	5.29%
1303	UGAUNITED STS GASOLINE	47,320	$2.0M	5.29%
1304	COMDIREXION	81,950	$2.0M	5.29%
1305	FRDMEA SERIES TRUST FREEDOM	58,472	$2.0M	5.29%
1306	IAKISHARES TR U.S. INSRNCE	14,733	$2.0M	5.29%
1307	TRGPTARGA	14,317	$2.0M	5.29%
1308	CRSPCRISPR THERAPEUTICS AG NAMEN	44,408	$2.0M	5.29%
1309	TPIFTIMOTHY PLAN	80,293	$2.0M	5.29%
1310	SCHYSCHWAB STRATEGIC TR INTERNL	74,195	$2.0M	5.29%
1311	FOURSHIFT4 PMTS	34,007	$2.0M	5.29%
1312	RFICOHEN & STEERS	261,327	$2.0M	5.29%
1313	CRPTFIRST TR EXCHNG TRADED FD VI SKYBRIDGE	144,831	$2.0M	5.29%
1314	OGEOGE	55,300	$2.0M	5.29%
1315	MCHPMICROCHIP TECHNOLOGY INC.	33,588	$2.0M	5.29%
1316	TYGTORTOISE	71,066	$2.0M	5.29%
1317	XEXGXEATON VANCE TAX-MANAGED	290,178	$2.0M	5.29%
1318	NBSDNEUBERGER BERMAN ETF TRUST	51,989	$2.0M	5.29%
1319	IVLUISHARES	76,080	$2.0M	5.29%
1320	ELCVSTRATEGY	76,883	$2.0M	5.29%
1321	OUSMALPS ETF TR OSHARES	62,824	$2.0M	5.29%
1322	EMBJEMBRAER S.A. SPONSORED	33,772	$2.0M	5.29%
1323	BJULINNOVATOR ETFS TRUST	52,142	$2.0M	5.29%
1324	VSGXVANGUARD	33,193	$2.0M	5.29%
1325	OXYOCCIDENTAL PETE	68,186	$2.0M	5.29%
1326	XDECFIRST TR EXCHNG TRADED FD V	60,794	$2.0M	5.29%
1327	DIHPDIMENSIONAL ETF TRUST	64,458	$2.0M	5.29%
1328	BIZDVANECK ETF TRUST	167,931	$2.0M	5.29%
1329	BUGGLOBAL X FDS	71,519	$2.0M	5.29%
1330	FTHYFIRST TR HIGH YIELD OPPRT	191,498	$2.0M	5.29%
1331	ESUMSTRATEGY	98,003	$2.0M	5.29%
1332	NYFISHARES TR NEW YORK	38,393	$2.0M	5.29%
1333	CHTRCHARTER COMMUNICATIONS	11,771	$2.0M	5.29%
1334	ACHRARCHER AVIATION	292,611	$2.0M	5.29%
1335	QSIXPACER FDS TR METAURUS	55,071	$2.0M	5.29%
1336	SSUSSTRATEGY	56,499	$2.0M	5.29%
1337	WHRWHIRLPOOL	35,047	$2.0M	5.29%
1338	TTWOTAKE-TWO INTERACTIVE SOFTWAR	7,852	$2.0M	5.29%
1339	BULPACER FDS TR US CHS CWS	40,825	$2.0M	5.29%
1340	IEURISHARES	40,139	$2.0M	5.29%
1341	WWDWOODWARD	8,411	$2.0M	5.29%
1342	PEXLPACER FDS TR US EXPORT	33,306	$2.0M	5.29%
1343	ILCBISHARES TR MORNINGSTR	29,743	$2.0M	5.29%
1344	NADNUVEEN QUALITY MUNCP	237,858	$2.0M	5.29%
1345	UNMUNUM GROUP	28,152	$2.0M	5.29%
1346	LULULULULEMON ATHLETICA	11,221	$2.0M	5.29%
1347	GMARFIRST TR EXCHNG TRADED FD VI FT VEST U.S	59,499	$2.0M	5.29%
1348	QCJAFIRST TR EXCHNG TRADED FD VI FT VEST NASD	93,908	$2.0M	5.29%
1349	BROBROWN & BROWN	29,617	$2.0M	5.29%
1350	USMCPRINCIPAL EXCHANGE TRADED	41,538	$2.0M	5.29%
1351	URNMSPROTT FDS	40,580	$2.0M	5.29%
1352	QMOMEA SERIES TRUST US QUAN	42,801	$2.0M	5.29%
1353	SIXOAIM ETF PRODUCTS TRUST U S LRGCP 6M	65,015	$2.0M	5.29%
1354	VMOINVESCO MUN OPPORTUNITY	311,828	$2.0M	5.29%
1355	FAARFIRST TR EXCHANGE TRAD FD VI ALT ABSLT	77,044	$2.0M	5.29%
1356	AESAES	139,901	$2.0M	5.29%
1357	PLPLANET LABS PBC	114,918	$2.0M	5.29%
1358	NBSMNEUBERGER BERMAN ETF TRUST	89,456	$2.0M	5.29%
1359	LQDHISHARES	25,275	$2.0M	5.29%
1360	SILJAMPLIFY ETF TR AMPLIFY JUNIOR	72,944	$2.0M	5.29%
1361	BUFBINNOVATOR ETFS TRUST LADDERED ALC	71,612	$2.0M	5.29%
1362	PTLNORTHERN LTS FD TR IV INSPIRE	9,738	$2.0M	5.29%
1363	UTFCOHEN & STEERS	84,453	$2.0M	5.29%
1364	DDECFIRST TR EXCHNG TRADED FD V	56,382	$2.0M	5.29%
1365	WSMWILLIAMS SONOMA	16,292	$2.0M	5.29%
1366	EWEDWARDS LIFESCIENCES	32,220	$2.0M	5.29%
1367	NUSANUSHARES ETF TR NUVEEN ES	88,123	$2.0M	5.29%
1368	JOYTJ P MORGAN EXCHANGE TRADED	30,040	$2.0M	5.29%
1369	NSYNICE LTD SPONSORED	19,250	$2.0M	5.29%
1370	GJUNFIRST TR EXCHNG TRADED FD VI FT VEST U.S	51,685	$2.0M	5.29%
1371	CNPCENTERPOINT	54,266	$2.0M	5.29%
1372	BUYWNORTHERN LTS FD TR IV MAIN	152,565	$2.0M	5.29%
1373	ONON	41,237	$2.0M	5.29%
1374	BABINVESCO EXCH TRADED FD TR II TAXABLE	74,034	$2.0M	5.29%
1375	NGDNEW	343,774	$2.0M	5.29%
1376	EMHCSPDR SERIES TRUST STATE STREET	108,947	$2.0M	5.29%
1377	UGIUGI	59,856	$2.0M	5.29%
1378	BUIBLACKROCK UTILS INFRASTRUCTU	77,949	$2.0M	5.29%
1379	BRSPBRIGHTSPIRE	376,564	$2.0M	5.29%
1380	MRSHMARSH & MCLENNAN	11,887	$2.0M	5.29%
1381	PKSTPEAKSTONE REALTY TRUST	202,068	$2.0M	5.29%
1382	TXTTEXTRON	31,896	$2.0M	5.29%
1383	CRCLCIRCLE INTERNET GROUP	28,778	$2.0M	5.29%
1384	ARKGARK ETF TR GENOMIC	91,246	$2.0M	5.29%
1385	SMRNUSCALE	197,760	$2.0M	5.29%
1386	IRENIREN LIMITED ORDINARY	67,095	$2.0M	5.29%
1387	SKORFLEXSHARES TR CR SCD	58,668	$2.0M	5.29%
1388	CALMCAL MAINE FOODS	25,671	$2.0M	5.29%
1389	SJNKSPDR SERIES TRUST STATE STREET	88,803	$2.0M	5.29%
1390	CTRECARETRUST	57,807	$2.0M	5.29%
1391	ATFVTHE ALGER ETF TRUST 35	79,227	$2.0M	5.29%
1392	PSIXPOWER SOLUTIONS	42,004	$2.0M	5.29%
1393	DNLWISDOMTREE	55,897	$2.0M	5.29%
1394	KDECINNOVATOR ETFS TRUST	78,970	$2.0M	5.29%
1395	PJTPJT PARTNERS	12,403	$2.0M	5.29%
1396	SMMVISHARES	52,788	$2.0M	5.29%
1397	RQICOHEN & STEERS	232,184	$2.0M	5.29%
1398	ICLOINVESCO ACTIVELY MANAGED EXC AAA CLO FLTNG	96,814	$2.0M	5.29%
1399	FDLOFIDELITY COVINGTON TRUST LOW VOLITY	39,418	$2.0M	5.29%
1400	QSPTFIRST TR EXCHNG TRADED FD VI FT VEST	92,211	$2.0M	5.29%

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