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
601	RCSPIMCO STRATEGIC	1,504,087	$8.0M	21.14%
602	CLSCELESTICA	29,061	$8.0M	21.14%
603	GVIISHARES TR INTRM	80,360	$8.0M	21.14%
604	JSMLJANUS DETROIT STR TR HENDERSN	119,319	$8.0M	21.14%
605	TMUST-MOBILE	43,301	$8.0M	21.14%
606	INDAISHARES	152,143	$8.0M	21.14%
607	EDCONSOLIDATED EDISON	87,167	$8.0M	21.14%
608	VUSBVANGUARD BD INDEX FDS VANGUARD	169,873	$8.0M	21.14%
609	TFISPDR SERIES TRUST STATE STREET	175,271	$8.0M	21.14%
610	FSSLFS SPECIALTY LENDING	622,371	$8.0M	21.14%
611	IHIISHARES TR U.S. MED DVC	140,187	$8.0M	21.14%
612	LINLINDE	19,596	$8.0M	21.14%
613	FQIDIGITAL RLTY	56,110	$8.0M	21.14%
614	MAINMAIN	148,239	$8.0M	21.14%
615	GLTRABRDN PRECIOUS METALS BASKET PHYSCL PRECS	40,499	$8.0M	21.14%
616	TSPAT ROWE PRICE	207,682	$8.0M	21.14%
617	MPLXMPLX	159,677	$8.0M	21.14%
618	CTASIMPLIFY EXCHANGE TRADED FUN	314,699	$8.0M	21.14%
619	DHRDANAHER CORPORATION	39,087	$8.0M	21.14%
620	DSIISHARES TR ESG MSCI KLD	67,966	$8.0M	21.14%
621	PDBCINVESCO ACTVELY MNGD ETC FD OPTIMUM	655,787	$8.0M	21.14%
622	JUSTGOLDMAN SACHS ETF TR JUST	91,022	$8.0M	21.14%
623	ESMLISHARES	185,417	$8.0M	21.14%
624	JNKSPDR SERIES TRUST STATE STREET	86,406	$8.0M	21.14%
625	ONEYSPDR SERIES TRUST STATE STREET	74,305	$8.0M	21.14%
626	SEIVSEI EXCHANGE TRADED FUNDS	201,178	$8.0M	21.14%
627	GSLCGOLDMAN SACHS ETF TR ACTIVEBETA	63,916	$8.0M	21.14%
628	DTDWISDOMTREE	100,934	$8.0M	21.14%
629	CITHE CIGNA GROUP	30,868	$8.0M	21.14%
630	FSIGFIRST TR EXCHANGE-TRADED FD LIMITED	428,141	$8.0M	21.14%
631	IBDVISHARES TR IBONDS	380,981	$8.0M	21.14%
632	IRTINDEPENDENCE RLTY	460,725	$8.0M	21.14%
633	ILCGISHARES TR MORNINGSTAR	81,696	$8.0M	21.14%
634	WMBWILLIAMS	138,304	$8.0M	21.14%
635	FDMOFIDELITY COVINGTON TRUST	96,737	$8.0M	21.14%
636	ALBALBEMARLE	56,713	$8.0M	21.14%
637	TBUXT ROWE PRICE	166,140	$8.0M	21.14%
638	CAHCARDINAL	39,188	$8.0M	21.14%
639	QUSSPDR SERIES TRUST STATE STREET	46,538	$8.0M	21.14%
640	VGLTVANGUARD SCOTTSDALE FDS	150,237	$8.0M	21.14%
641	SHELSHELL PLC SPON	120,805	$8.0M	21.14%
642	PGXINVESCO EXCH TRADED FD TR II	752,227	$8.0M	21.14%
643	ECLECOLAB	30,931	$8.0M	21.14%
644	EMLPFIRST TR EXCHANGE-TRADED FD NO	219,971	$8.0M	21.14%
645	DNPDNP	808,589	$8.0M	21.14%
646	HNDLSTRATEGY	405,816	$8.0M	21.14%
647	IGROISHARES	98,893	$8.0M	21.14%
648	APDAIR PRODS & CHEMS	35,684	$8.0M	21.14%
649	RPVINVESCO EXCHANGE TRADED	86,829	$8.0M	21.14%
650	URAGLOBAL X FDS	165,074	$7.0M	18.50%
651	DFSVDIMENSIONAL ETF TRUST	236,486	$7.0M	18.50%
652	XLRESELECT SECTOR SPDR TR STATE STREET	182,082	$7.0M	18.50%
653	JXNJACKSON FINANCIAL	65,829	$7.0M	18.50%
654	WDCWESTERN DIGITAL	41,497	$7.0M	18.50%
655	LDOSLEIDOS HOLDINGS	41,373	$7.0M	18.50%
656	RGLDROYAL	33,841	$7.0M	18.50%
657	PRCSPARNASSUS INCOME FDS	276,241	$7.0M	18.50%
658	FXLFIRST TR EXCHANGE TRADED	44,439	$7.0M	18.50%
659	SCHZSCHWAB STRATEGIC	318,401	$7.0M	18.50%
660	BSCWINVESCO EXCH TRD SLF IDX FD BULLETSHS	350,659	$7.0M	18.50%
661	DVNDEVON	197,138	$7.0M	18.50%
662	XELXCEL	98,168	$7.0M	18.50%
663	ETRENTERGY	84,566	$7.0M	18.50%
664	DDWMWISDOMTREE	179,066	$7.0M	18.50%
665	MSIMOTOROLA SOLUTIONS	20,188	$7.0M	18.50%
666	DOCHEALTHPEAK PROPERTIES	436,468	$7.0M	18.50%
667	DFSDDIMENSIONAL ETF TRUST	149,302	$7.0M	18.50%
668	FSLRFIRST SOLAR	29,595	$7.0M	18.50%
669	FBTFIRST TR EXCHANGE-TRADED FD NY ARCA	38,161	$7.0M	18.50%
670	ACWXISHARES TR MSCI ACWI	111,538	$7.0M	18.50%
671	PDPINVESCO EXCHANGE TRADED	68,023	$7.0M	18.50%
672	EMXCISHARES	100,088	$7.0M	18.50%
673	NVSNNOVARTIS AG SPONSORED	54,472	$7.0M	18.50%
674	DIVOAMPLIFY ETF TR CWP	173,865	$7.0M	18.50%
675	GISGENERAL MLS	169,659	$7.0M	18.50%
676	SOXQINVESCO EXCH TRADED FD TR II INVESCO PHLX	128,928	$7.0M	18.50%
677	IWXISHARES TR RUS TP200	84,138	$7.0M	18.50%
678	HYSPIMCO ETF TR 0-5	81,810	$7.0M	18.50%
679	FLTBFIDELITY MERRIMACK	138,852	$7.0M	18.50%
680	AHRAMERICAN HEALTHCARE	151,812	$7.0M	18.50%
681	XYLDGLOBAL X FDS	196,635	$7.0M	18.50%
682	AEMAGNICO EAGLE MINES	42,050	$7.0M	18.50%
683	AVEMAMERICAN CENTY ETF TR AVANTIS	99,322	$7.0M	18.50%
684	RIORIO TINTO PLC SPONSORED	92,552	$7.0M	18.50%
685	HYBLSSGA ACTIVE TR STATE STREET	246,907	$7.0M	18.50%
686	VRIGINVESCO ACTIVELY MANAGED EXC	307,709	$7.0M	18.50%
687	HWMHOWMET	38,181	$7.0M	18.50%
688	SPLBSPDR SERIES TRUST STATE STREET	320,752	$7.0M	18.50%
689	CGWINVESCO EXCH TRADED FD TR II	112,830	$7.0M	18.50%
690	CDNSCADENCE DESIGN	25,577	$7.0M	18.50%
691	SPYXSPDR SERIES TRUST STATE STREET	141,343	$7.0M	18.50%
692	PG4PRINCIPAL FINANCIAL GROUP	86,523	$7.0M	18.50%
693	NVONOVO-NORDISK	146,861	$7.0M	18.50%
694	NLYANNALY CAPITAL MANAGEMENT	338,953	$7.0M	18.50%
695	FYCFIRST TR EXCHANGE-TRADED	81,843	$7.0M	18.50%
696	LNGCHENIERE	38,387	$7.0M	18.50%
697	CRSCARPENTER	24,249	$7.0M	18.50%
698	IQVIQVIA HLDGS	32,299	$7.0M	18.50%
699	GMGENERAL MTRS	92,692	$7.0M	18.50%
700	BUFSFIRST TR EXCHNG TRADED FD VI VEST	335,341	$7.0M	18.50%

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