Tower Research Capital LLC (TRC) Q4 2025 Filing

Filed February 17, 2026

Portfolio Value

$4.1B

Holdings

5,114

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (5,114 positions)

#	Stock	Shares	Value	% Portfolio
301	VICIVICI PPTYS INC	78,060	$2.0M	0.05%
302	IDXXIDEXX LABS INC	4,104	$2.0M	0.05%
303	AWMSKYWORKS SOLUTIONS INC	33,591	$2.0M	0.05%
304	PSOPEARSON PLC	155,915	$2.0M	0.05%
305	FERFERROVIAL SE	36,637	$2.0M	0.05%
306	RCLROYAL CARIBBEAN GROUP	8,386	$2.0M	0.05%
307	TRITHOMSON REUTERS CORP	20,684	$2.0M	0.05%
308	CVSCVS HEALTH CORP	32,559	$2.0M	0.05%
309	KMBKIMBERLY-CLARK CORP	25,010	$2.0M	0.05%
310	NSCNORFOLK SOUTHN CORP	9,123	$2.0M	0.05%
311	LEADSIREN ETF TR	37,008	$2.0M	0.05%
312	LTPZPIMCO ETF TR	42,349	$2.0M	0.05%
313	MTSIMACOM TECH SOLUTIONS HLDGS I	13,675	$2.0M	0.05%
314	WMBWILLIAMS COS INC	38,130	$2.0M	0.05%
315	SPYGSPDR SERIES TRUST	24,228	$2.0M	0.05%
316	AG8AGILENT TECHNOLOGIES INC	19,073	$2.0M	0.05%
317	USRTISHARES TR	38,724	$2.0M	0.05%
318	STXSEAGATE TECHNOLOGY HLDNGS PL	9,823	$2.0M	0.05%
319	MDTMEDTRONIC PLC	37,548	$2.0M	0.05%
320	SQQQPROSHARES TR	41,217	$2.0M	0.05%
321	GOVZISHARES TR	109,607	$1.0M	0.02%
322	APDAIR PRODS & CHEMS INC	6,679	$1.0M	0.02%
323	NUMGNUSHARES ETF TR	40,487	$1.0M	0.02%
324	SDOWPROSHARES TR	44,632	$1.0M	0.02%
325	IBKRINTERACTIVE BROKERS GROUP IN	24,554	$1.0M	0.02%
326	FANGDIAMONDBACK ENERGY INC	12,828	$1.0M	0.02%
327	HWMHOWMET AEROSPACE INC	9,554	$1.0M	0.02%
328	KEYSKEYSIGHT TECHNOLOGIES INC	7,098	$1.0M	0.02%
329	PWRQUANTA SVCS INC	4,263	$1.0M	0.02%
330	AJGGALLAGHER ARTHUR J & CO	9,915	$1.0M	0.02%
331	CLIPGLOBAL X FDS	10,308	$1.0M	0.02%
332	OXYOCCIDENTAL PETE CORP	25,699	$1.0M	0.02%
333	IBTGISHARES TR	77,677	$1.0M	0.02%
334	FISFIDELITY NATL INFORMATION SV	27,822	$1.0M	0.02%
335	ARMARM HOLDINGS PLC	14,005	$1.0M	0.02%
336	ETRENTERGY CORP NEW	24,770	$1.0M	0.02%
337	IYWISHARES TR	8,306	$1.0M	0.02%
338	BSJQINVESCO EXCH TRD SLF IDX FD	44,716	$1.0M	0.02%
339	RTORENTOKIL INITIAL PLC	34,665	$1.0M	0.02%
340	QLDPROSHARES TR	16,979	$1.0M	0.02%
341	MDYSPDR S&P MIDCAP 400 ETF TR	2,373	$1.0M	0.02%
342	ENBENBRIDGE INC	27,379	$1.0M	0.02%
343	UPGDINVESCO EXCHANGE TRADED FD T	26,578	$1.0M	0.02%
344	THGHANOVER INS GROUP INC	5,779	$1.0M	0.02%
345	EMREMERSON ELEC CO	15,471	$1.0M	0.02%
346	DECKDECKERS OUTDOOR CORP	17,452	$1.0M	0.02%
347	UMCUNITED MICROELECTRONICS CORP	199,675	$1.0M	0.02%
348	NTRSNORTHERN TR CORP	10,944	$1.0M	0.02%
349	ARKKARK ETF TR	22,187	$1.0M	0.02%
350	SMHXVANECK ETF TRUST	27,357	$1.0M	0.02%
351	CALFPACER FDS TR	38,157	$1.0M	0.02%
352	WSTWEST PHARMACEUTICAL SVSC INC	5,415	$1.0M	0.02%
353	EFXEQUIFAX INC	4,978	$1.0M	0.02%
354	ULSTSSGA ACTIVE ETF TR	26,015	$1.0M	0.02%
355	PCGPG&E CORP	86,681	$1.0M	0.02%
356	EBAEBAY INC.	13,723	$1.0M	0.02%
357	TWMPROSHARES TR	38,503	$1.0M	0.02%
358	FYTFIRST TR EXCHANGE-TRADED ALP	33,623	$1.0M	0.02%
359	JCIJOHNSON CTLS INTL PLC	14,217	$1.0M	0.02%
360	TELTE CONNECTIVITY PLC	8,293	$1.0M	0.02%
361	NKENIKE INC	34,587	$1.0M	0.02%
362	MSCIMSCI INC	3,022	$1.0M	0.02%
363	CAHCARDINAL HEALTH INC	8,578	$1.0M	0.02%
364	VOTVANGUARD INDEX FDS	4,346	$1.0M	0.02%
365	METMETLIFE INC	16,382	$1.0M	0.02%
366	VOOVANGUARD INDEX FDS	2,646	$1.0M	0.02%
367	GATXGATX CORP	8,176	$1.0M	0.02%
368	VENVENTAS INC	18,160	$1.0M	0.02%
369	TPRTAPESTRY INC	11,838	$1.0M	0.02%
370	CRCCANADIAN NAT RES LTD	32,957	$1.0M	0.02%
371	FDXFEDEX CORP	4,136	$1.0M	0.02%
372	GDGENERAL DYNAMICS CORP	5,269	$1.0M	0.02%
373	TFCTRUIST FINL CORP	37,514	$1.0M	0.02%
374	XTENBONDBLOXX ETF TRUST	22,091	$1.0M	0.02%
375	VMCVULCAN MATLS CO	5,459	$1.0M	0.02%
376	COWZPACER FDS TR	23,795	$1.0M	0.02%
377	KIESPDR SERIES TRUST	25,325	$1.0M	0.02%
378	8CWCROWN CASTLE INC	17,065	$1.0M	0.02%
379	QTECFIRST TR EXCHANGE-TRADED FD	7,201	$1.0M	0.02%
380	ELANELANCO ANIMAL HEALTH INC	47,325	$1.0M	0.02%
381	ONDSONDAS HLDGS INC	135,823	$1.0M	0.02%
382	VTHRVANGUARD SCOTTSDALE FDS	5,000	$1.0M	0.02%
383	TECLDIREXION SHS ETF TR	13,494	$1.0M	0.02%
384	FTECFIDELITY COVINGTON TRUST	7,104	$1.0M	0.02%
385	USDPROSHARES TR	37,360	$1.0M	0.02%
386	PNCPNC FINL SVCS GROUP INC	8,094	$1.0M	0.02%
387	JNKSPDR SERIES TRUST	15,491	$1.0M	0.02%
388	CLCOLGATE PALMOLIVE CO	22,114	$1.0M	0.02%
389	HLTHILTON WORLDWIDE HLDGS INC	4,783	$1.0M	0.02%
390	SCHASCHWAB STRATEGIC TR	69,222	$1.0M	0.02%
391	SHPROSHARES TR	37,596	$1.0M	0.02%
392	SCHXSCHWAB STRATEGIC TR	42,245	$1.0M	0.02%
393	APOAPOLLO GLOBAL MGMT INC	10,947	$1.0M	0.02%
394	TTDTHE TRADE DESK INC	51,379	$1.0M	0.02%
395	LVSLAS VEGAS SANDS CORP	16,951	$1.0M	0.02%
396	NYTNEW YORK TIMES CO	17,809	$1.0M	0.02%
397	TFLOISHARES TR	32,551	$1.0M	0.02%
398	JAVAJ P MORGAN EXCHANGE TRADED F	18,309	$1.0M	0.02%
399	VTECVANGUARD CALIF TAX FREE FDS	15,713	$1.0M	0.02%
400	BNDVANGUARD BD INDEX FDS	20,123	$1.0M	0.02%

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