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
1901	INSPINSPIRE MED SYS	12,592	$1.0M	2.64%
1902	KALUKAISER ALUMINUM	10,431	$1.0M	2.64%
1903	JOBYJOBY AVIATION	149,559	$1.0M	2.64%
1904	FRTFEDERAL RLTY	11,743	$1.0M	2.64%
1905	CHWCALAMOS	153,616	$1.0M	2.64%
1906	TOSTTOAST	30,688	$1.0M	2.64%
1907	MLIMUELLER	13,287	$1.0M	2.64%
1908	DFLVDIMENSIONAL ETF TRUST	55,146	$1.0M	2.64%
1909	FTWOEA SERIES TRUST STRIVE	37,754	$1.0M	2.64%
1910	LQDIISHARES	46,082	$1.0M	2.64%
1911	HISFFIRST TR EXCHANGE-TRADED	31,994	$1.0M	2.64%
1912	PDOPIMCO DYNAMIC INCOME OPRNTS	140,995	$1.0M	2.64%
1913	KBWDINVESCO EXCH TRADED FD TR II KBW	133,570	$1.0M	2.64%
1914	ZBRAZEBRA TECHNOLOGIES CORPORATI	7,747	$1.0M	2.64%
1915	DDFNINNOVATOR ETFS TRUST EQUITY DUAL	92,463	$1.0M	2.64%
1916	ACLSAXCELIS TECHNOLOGIES	13,378	$1.0M	2.64%
1917	AERAERCAP HOLDINGS	7,193	$1.0M	2.64%
1918	EMNEASTMAN CHEM	23,207	$1.0M	2.64%
1919	DOGGFIRST TR EXCHANGE-TRADED FD FT VEST	81,177	$1.0M	2.64%
1920	ALAITHE ALGER ETF TRUST AI ENABLERS	48,899	$1.0M	2.64%
1921	FEACFIDELITY COVINGTON TRUST	50,577	$1.0M	2.64%
1922	SMAYFIRST TR EXCHNG TRADED FD V	60,609	$1.0M	2.64%
1923	HEMIHARTFORD FDS EXCHANGE TRADED	35,831	$1.0M	2.64%
1924	CPBTHE CAMPBELLS COMPANY	43,552	$1.0M	2.64%
1925	INODINNODATA	22,582	$1.0M	2.64%
1926	TRMKTRUSTMARK	27,029	$1.0M	2.64%
1927	AAOIAPPLIED OPTOELECTRONICS	30,475	$1.0M	2.64%
1928	USAIPACER FDS TR AMERCN	48,669	$1.0M	2.64%
1929	IDLVINVESCO EXCH TRADED FD TR II	33,511	$1.0M	2.64%
1930	PNRPENTAIR	11,774	$1.0M	2.64%
1931	IBKRINTERACTIVE BROKERS GROUP	17,521	$1.0M	2.64%
1932	DUSBDIMENSIONAL ETF TRUST	38,248	$1.0M	2.64%
1933	DRVNDRIVEN BRANDS HLDGS	77,777	$1.0M	2.64%
1934	HEIHEICO	5,730	$1.0M	2.64%
1935	MGMMGM RESORTS	28,451	$1.0M	2.64%
1936	OAIMUNIFIED SER TR ONEASCENT	42,092	$1.0M	2.64%
1937	HUMHUMANA	4,121	$1.0M	2.64%
1938	HTDCORCEPT THERAPEUTICS	33,745	$1.0M	2.64%
1939	EWJISHARES	21,526	$1.0M	2.64%
1940	IYTISHARES	16,831	$1.0M	2.64%
1941	DIVBISHARES	37,533	$1.0M	2.64%
1942	KAPRINNOVATOR ETFS TRUST	54,165	$1.0M	2.64%
1943	EFXEQUIFAX	8,703	$1.0M	2.64%
1944	SJMSMUCKER	17,381	$1.0M	2.64%
1945	YUMCYUM CHINA HLDGS	30,572	$1.0M	2.64%
1946	VIAVVIAVI SOLUTIONS	76,580	$1.0M	2.64%
1947	ASOACADEMY SPORTS & OUTDOORS	28,597	$1.0M	2.64%
1948	OZKBANK OZK LITTLE ROCK ARK	26,206	$1.0M	2.64%
1949	ADCAGREE RLTY	18,714	$1.0M	2.64%
1950	KK0NEXTNAV	105,027	$1.0M	2.64%
1951	KEYSKEYSIGHT TECHNOLOGIES	5,157	$1.0M	2.64%
1952	XHYIBONDBLOXX ETF TRUST	32,984	$1.0M	2.64%
1953	TVALT ROWE PRICE	54,120	$1.0M	2.64%
1954	FFBCFIRST FINL BANCORP OH	48,414	$1.0M	2.64%
1955	AALAMERICAN AIRLS GROUP	76,853	$1.0M	2.64%
1956	VIOGVANGUARD ADMIRAL FDS	15,150	$1.0M	2.64%
1957	WESWESTERN MIDSTREAM PARTNERS	36,250	$1.0M	2.64%
1958	JPREJ P MORGAN EXCHANGE TRADED F REALTY	23,137	$1.0M	2.64%
1959	SOLSSOLSTICE ADVANCED	31,207	$1.0M	2.64%
1960	HRLHORMEL FOODS	78,719	$1.0M	2.64%
1961	BIPCBROOKFIELD INFRASTRUCTURE CO COM SUB	42,248	$1.0M	2.64%
1962	ASLVALLSPRING EXCHANGE TRADED FU SPECIAL	46,355	$1.0M	2.64%
1963	LWLAMB WESTON HLDGS	34,689	$1.0M	2.64%
1964	NINISOURCE	43,141	$1.0M	2.64%
1965	SPBWAIM ETF PRODUCTS TRUST ALLIANZIM	57,208	$1.0M	2.64%
1966	EXGEATON VANCE TAX ADVT	75,025	$1.0M	2.64%
1967	PZAINVESCO EXCH TRADED FD TR II NATL AMT	62,407	$1.0M	2.64%
1968	BSJQINVESCO EXCH TRD SLF IDX FD INVSCO BLSH	60,518	$1.0M	2.64%
1969	REALTHE REALREAL	95,632	$1.0M	2.64%
1970	IBDWISHARES TR IBONDS	67,950	$1.0M	2.64%
1971	XJHISHARES	26,361	$1.0M	2.64%
1972	SWKSTANLEY BLACK & DECKER	25,583	$1.0M	2.64%
1973	BNGEFIRST TR EXCHANGE TRADED FD S NETWORK	47,773	$1.0M	2.64%
1974	SUSLISHARES	9,789	$1.0M	2.64%
1975	DESWISDOMTREE	51,824	$1.0M	2.64%
1976	SYFSYNCHRONY FINANCIAL	20,419	$1.0M	2.64%
1977	MDUMDU RES GROUP	88,746	$1.0M	2.64%
1978	SFNCSIMMONS 1ST NATL	92,891	$1.0M	2.64%
1979	TSNTYSON FOODS	33,000	$1.0M	2.64%
1980	ODFLOLD DOMINION FREIGHT LINE	7,521	$1.0M	2.64%
1981	BGBUNGE GLOBAL SA	13,722	$1.0M	2.64%
1982	UPSTUPSTART HLDGS	22,858	$1.0M	2.64%
1983	ITMVANECK ETF TRUST INTRMDT	24,994	$1.0M	2.64%
1984	FIDUFIDELITY COVINGTON TRUST	16,506	$1.0M	2.64%
1985	GAUGFIRST TR EXCHNG TRADED FD VI FT VEST	30,426	$1.0M	2.64%
1986	CHGXEA SERIES TRUST STANCE	68,161	$1.0M	2.64%
1987	MODMODINE MFG	8,549	$1.0M	2.64%
1988	HQHABRDN HEALTHCARE INVESTORS	79,517	$1.0M	2.64%
1989	ETWEATON VANCE TAX-MANAGED	180,884	$1.0M	2.64%
1990	CNXTVANECK ETF TRUST CHINEXT	23,834	$1.0M	2.64%
1991	DDOGDATADOG	14,191	$1.0M	2.64%
1992	XSLVINVESCO EXCH TRADED FD TR II	25,205	$1.0M	2.64%
1993	IDEFBLACKROCK ETF TRUST	60,977	$1.0M	2.64%
1994	MOTGVANECK ETF TRUST MRNGSTR	34,964	$1.0M	2.64%
1995	FTVFORTIVE	19,118	$1.0M	2.64%
1996	QCOCFIRST TR EXCHNG TRADED FD VI FT VEST NASD	44,886	$1.0M	2.64%
1997	FTMUPUTNAM ETF TRUST FRANKLIN	239,607	$1.0M	2.64%
1998	CAPEDOUBLELINE ETF TRUST	49,455	$1.0M	2.64%
1999	FTSDFRANKLIN	16,964	$1.0M	2.64%
2000	IAIISHARES TR US BR DEL	7,478	$1.0M	2.64%

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