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	HESMHESS MIDSTREAM	87,556	$3.0M	7.93%
1102	EUDGWISDOMTREE	95,152	$3.0M	7.93%
1103	EVRGEVERGY	45,649	$3.0M	7.93%
1104	MNSTMONSTER	43,180	$3.0M	7.93%
1105	DRIDARDEN RESTAURANTS	18,348	$3.0M	7.93%
1106	WTRGESSENTIAL UTILS	94,771	$3.0M	7.93%
1107	HIGHARTFORD INSURANCE GROUP	25,761	$3.0M	7.93%
1108	FSEPFIRST TR EXCHNG TRADED FD VI FT VEST	64,326	$3.0M	7.93%
1109	SEIXVIRTUS ETF TR II SEIX SR LN	166,724	$3.0M	7.93%
1110	BEBLOOM	36,936	$3.0M	7.93%
1111	MODLVICTORY PORTFOLIOS II VICTORYSHARES	72,913	$3.0M	7.93%
1112	FTRIFIRST TR EXCHANGE TRADED FD INDXX	242,574	$3.0M	7.93%
1113	TLTWISHARES TR 20 YEAR	161,788	$3.0M	7.93%
1114	AVUSAMERICAN CENTY	35,185	$3.0M	7.93%
1115	FJPFIRST TR EXCH TRD ALPHDX	52,879	$3.0M	7.93%
1116	SRESEMPRA	44,038	$3.0M	7.93%
1117	JHMDJOHN HANCOCK EXCHANGE TRADED	81,367	$3.0M	7.93%
1118	HALHALLIBURTON	120,572	$3.0M	7.93%
1119	HYDVANECK ETF TRUST	72,299	$3.0M	7.93%
1120	TRFKPACER FDS TR DATA &	55,833	$3.0M	7.93%
1121	DAUGFIRST TR EXCHNG TRADED FD V	83,215	$3.0M	7.93%
1122	AONAON	9,127	$3.0M	7.93%
1123	ARKTARK ETF TR NEXT GNRTN	23,782	$3.0M	7.93%
1124	GDMNWISDOMTREE	38,600	$3.0M	7.93%
1125	FLDRFIDELITY MERRIMACK STR TR LOW DURTIN	60,002	$3.0M	7.93%
1126	USXFISHARES	60,732	$3.0M	7.93%
1127	OROR ROYALTIES INC.	110,703	$3.0M	7.93%
1128	DOCUDOCUSIGN	55,828	$3.0M	7.93%
1129	MPMP	77,746	$3.0M	7.93%
1130	FNOVFIRST TR EXCHNG TRADED FD VI FT VEST	59,396	$3.0M	7.93%
1131	PHYLPGIM ETF TR ACTV HY	102,668	$3.0M	7.93%
1132	XFEBFIRST TR EXCHNG TRADED FD VI FT VEST	80,343	$3.0M	7.93%
1133	VFMOVANGUARD WELLINGTON	20,847	$3.0M	7.93%
1134	DOVDOVER	16,247	$3.0M	7.93%
1135	RSRELIANCE	10,915	$3.0M	7.93%
1136	ICLNISHARES	183,728	$3.0M	7.93%
1137	IDHQINVESCO EXCH TRADED FD TR II	92,158	$3.0M	7.93%
1138	DXJWISDOMTREE	20,995	$3.0M	7.93%
1139	OCOWENS CORNING	31,491	$3.0M	7.93%
1140	GABGABELLI	561,852	$3.0M	7.93%
1141	YEARAB ACTIVE ETFS	77,200	$3.0M	7.93%
1142	EMLCVANECK ETF TRUST JP MRGAN	134,007	$3.0M	7.93%
1143	TEVATEVA PHARMACEUTICAL INDS LTD SPONSORED	96,991	$3.0M	7.93%
1144	PJUNINNOVATOR ETFS TRUST	78,014	$3.0M	7.93%
1145	ULTAULTA BEAUTY	6,098	$3.0M	7.93%
1146	FSTAFIDELITY COVINGTON TRUST CONSMR	79,909	$3.0M	7.93%
1147	FTQIFIRST TR EXCHANGE TRADED	144,916	$3.0M	7.93%
1148	EDOWFIRST TR EXCHANGE-TRADED	77,799	$3.0M	7.93%
1149	RGTIRIGETTI	178,918	$3.0M	7.93%
1150	ARKQARK ETF TR AUTNMUS	31,203	$3.0M	7.93%
1151	IPKWINVESCO EXCH TRADED FD TR II	65,637	$3.0M	7.93%
1152	CZAINVESCO EXCHANGE TRADED FD T ZACKS	28,776	$3.0M	7.93%
1153	QLDPROSHARES	53,089	$3.0M	7.93%
1154	PHMPULTE GROUP	26,983	$3.0M	7.93%
1155	PKGPACKAGING	16,029	$3.0M	7.93%
1156	BKHBLACK HILLS	49,795	$3.0M	7.93%
1157	PDXPIMCO	194,265	$3.0M	7.93%
1158	FITBFIFTH THIRD BANCORP	82,681	$3.0M	7.93%
1159	AVIGAMERICAN CENTY ETF TR AVANTIS	92,322	$3.0M	7.93%
1160	NJANINNOVATOR ETFS TRUST GRWT100	69,243	$3.0M	7.93%
1161	WCNWASTE CONNECTIONS	22,514	$3.0M	7.93%
1162	VAWVANGUARD	18,302	$3.0M	7.93%
1163	VRPINVESCO EXCH TRADED FD TR II	126,351	$3.0M	7.93%
1164	REMXVANECK ETF TRUST RARE EARTH	50,237	$3.0M	7.93%
1165	XGDVXGABELLI DIVID &	135,549	$3.0M	7.93%
1166	FSCSFIRST TR EXCHANGE TRADED	97,026	$3.0M	7.93%
1167	TDVGT ROWE PRICE ETF INC PRICE	69,965	$3.0M	7.93%
1168	UUPINVESCO DB US DLR INDEX TR BULLISH	136,891	$3.0M	7.93%
1169	LEUCENTRUS	15,712	$3.0M	7.93%
1170	NADNUVEEN QUALITY MUNCP	237,858	$2.0M	5.29%
1171	TMTOYOTA MOTOR	11,218	$2.0M	5.29%
1172	INCMFRANKLIN TEMPLETON	101,695	$2.0M	5.29%
1173	DC4DEXCOM	38,459	$2.0M	5.29%
1174	PEYINVESCO EXCHANGE TRADED	106,621	$2.0M	5.29%
1175	JPLDJ P MORGAN EXCHANGE TRADED F JPMORGAM	43,029	$2.0M	5.29%
1176	KVUEKENVUE	152,667	$2.0M	5.29%
1177	BMNRBITMINE IMMERSION TECNOLOGIE	101,529	$2.0M	5.29%
1178	FENYFIDELITY COVINGTON TRUST	118,530	$2.0M	5.29%
1179	XTISHARES TR FUTURE	30,993	$2.0M	5.29%
1180	SMDVPROSHARES	43,564	$2.0M	5.29%
1181	KJANINNOVATOR ETFS TRUST	50,879	$2.0M	5.29%
1182	GMAYFIRST TR EXCHNG TRADED FD VI FT VEST U.S	64,171	$2.0M	5.29%
1183	QCLNFIRST TR EXCHANGE-TRADED FD NAS CLNEDG	50,821	$2.0M	5.29%
1184	LSTMANAGED PORTFOLIO SERIES LEUTHOLD	52,794	$2.0M	5.29%
1185	MCOMOODYS	5,444	$2.0M	5.29%
1186	EIXEDISON	34,408	$2.0M	5.29%
1187	WRBBERKLEY	30,087	$2.0M	5.29%
1188	DFISDIMENSIONAL ETF TRUST	73,607	$2.0M	5.29%
1189	TIPXSPDR SERIES TRUST STATE STRET	113,932	$2.0M	5.29%
1190	STEWSRH	125,109	$2.0M	5.29%
1191	QFLRINNOVATOR ETFS TRUST	62,414	$2.0M	5.29%
1192	EVSDMORGAN STANLEY ETF TRUST EATON VANCE	49,045	$2.0M	5.29%
1193	DYFIETF OPPORTUNITIES TRUST	109,010	$2.0M	5.29%
1194	NXPINXP	10,542	$2.0M	5.29%
1195	GSEWGOLDMAN SACHS ETF TR EQUAL WEIGHT	27,375	$2.0M	5.29%
1196	BARGRANITESHARES	59,053	$2.0M	5.29%
1197	NZFNUVEEN	219,510	$2.0M	5.29%
1198	VENVENTAS	28,871	$2.0M	5.29%
1199	LRGCAB ACTIVE ETFS	30,152	$2.0M	5.29%
1200	TDVPROSHARES	33,005	$2.0M	5.29%

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