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	UAPRINNOVATOR ETFS TRUST	31,220	$1.0M	2.64%
1902	FPAGINVESTMENT MANAGERS SER TR I FPA	46,520	$1.0M	2.64%
1903	ARESARES MANAGEMENT CORPORATION	8,615	$1.0M	2.64%
1904	PCMMBONDBLOXX ETF TRUST BONDBLOXX	21,571	$1.0M	2.64%
1905	XEADXALLSPRING INCOME OPPORTUNIT INC OPPTY	168,652	$1.0M	2.64%
1906	WYNNWYNN RESORTS	13,658	$1.0M	2.64%
1907	FCGFIRST TR EXCHANGE-TRADED	55,723	$1.0M	2.64%
1908	BBEUJ P MORGAN EXCHANGE TRADED F BETABUILDERS	26,243	$1.0M	2.64%
1909	JETSETF SER SOLUTIONS	36,136	$1.0M	2.64%
1910	VFVAVANGUARD WELLINGTON	10,346	$1.0M	2.64%
1911	GLPGLOBAL PARTNERS	33,267	$1.0M	2.64%
1912	QMFEFIRST TR EXCHNG TRADED FD VI FT VEST	47,028	$1.0M	2.64%
1913	IDIINTERDIGITAL	4,652	$1.0M	2.64%
1914	ONONON HLDG AG NAMEN	34,953	$1.0M	2.64%
1915	HYMBSPDR SERIES TRUST STATE STREET	68,284	$1.0M	2.64%
1916	GOCTFIRST TR EXCHNG TRADED FD VI FT VEST U.S	38,699	$1.0M	2.64%
1917	TTANSERVICETITAN	16,395	$1.0M	2.64%
1918	CATHGLOBAL X FDS	14,945	$1.0M	2.64%
1919	JRINUVEEN REAL ASSET INCOME &	82,174	$1.0M	2.64%
1920	EUFNISHARES TR MSCI EURO FL	45,997	$1.0M	2.64%
1921	VISNCOMMSCOPE HLDG	65,421	$1.0M	2.64%
1922	FPFFIRST TR EXCHNG TRADED FD VI	75,855	$1.0M	2.64%
1923	XSOEWISDOMTREE	38,080	$1.0M	2.64%
1924	CRBNISHARES	6,023	$1.0M	2.64%
1925	NAKNORTHERN DYNASTY MINERALS LT	537,657	$1.0M	2.64%
1926	DDFLINNOVATOR ETFS TRUST EQUITY DUAL	48,698	$1.0M	2.64%
1927	CMSCMS	22,610	$1.0M	2.64%
1928	BSJSINVESCO EXCH TRD SLF IDX FD INVSCO	82,654	$1.0M	2.64%
1929	LGLVSPDR SERIES TRUST STATE STREET	10,873	$1.0M	2.64%
1930	CSMPROSHARES	21,022	$1.0M	2.64%
1931	DFGXDIMENSIONAL ETF TRUST	36,048	$1.0M	2.64%
1932	EXEEXPAND ENERGY CORPORATION	14,168	$1.0M	2.64%
1933	RFGINVESCO EXCHANGE TRADED	24,320	$1.0M	2.64%
1934	SMPSTANDARD MTR PRODS	27,949	$1.0M	2.64%
1935	BBINJ P MORGAN EXCHANGE TRADED F BETABUILDERS	14,875	$1.0M	2.64%
1936	GWREGUIDEWIRE SOFTWARE	6,352	$1.0M	2.64%
1937	DIVGLOBAL X FDS GLOBX SUPDV	102,901	$1.0M	2.64%
1938	SEIQSEI EXCHANGE TRADED FUNDS	30,533	$1.0M	2.64%
1939	AQLTISHARES	16,108	$1.0M	2.64%
1940	NIONIO INC SPON	196,624	$1.0M	2.64%
1941	BDJBLACKROCK	120,961	$1.0M	2.64%
1942	MOSMOSAIC	45,679	$1.0M	2.64%
1943	DLTRDOLLAR TREE	15,303	$1.0M	2.64%
1944	EXREXTRA SPACE STORAGE	12,669	$1.0M	2.64%
1945	DDFOINNOVATOR ETFS TRUST EQUITY DUAL	73,182	$1.0M	2.64%
1946	RLYSSGA ACTIVE ETF TR STATE STREET	50,094	$1.0M	2.64%
1947	KNOVINNOVATOR ETFS TRUST	68,826	$1.0M	2.64%
1948	RSPHINVESCO EXCHANGE TRADED	40,332	$1.0M	2.64%
1949	FDVFEDERATED HERMES ETF TRUST US STRATEGIC	51,042	$1.0M	2.64%
1950	DEMWISDOMTREE	28,764	$1.0M	2.64%
1951	IBTIISHARES TR IBONDS	47,596	$1.0M	2.64%
1952	IQIINVESCO	188,495	$1.0M	2.64%
1953	PGFINVESCO EXCHANGE TRADED	85,145	$1.0M	2.64%
1954	TKOTKO GROUP HOLDINGS	6,857	$1.0M	2.64%
1955	TANINVESCO EXCH TRADED FD TR II SOLAR	31,518	$1.0M	2.64%
1956	CBRECBRE GROUP	7,487	$1.0M	2.64%
1957	TRITHOMSON REUTERS	13,828	$1.0M	2.64%
1958	CGCARLYLE GROUP	29,106	$1.0M	2.64%
1959	DFGPDIMENSIONAL ETF TRUST	33,569	$1.0M	2.64%
1960	KIMKIMCO RLTY	58,598	$1.0M	2.64%
1961	TEMTEMPUS	28,252	$1.0M	2.64%
1962	EVNEATON VANCE MUNI INCOME TRUS	101,108	$1.0M	2.64%
1963	ZIMZIM INTEGRATED	70,146	$1.0M	2.64%
1964	JPINJ P MORGAN EXCHANGE TRADED F DIV RTN	20,664	$1.0M	2.64%
1965	ANAUTONATION	7,327	$1.0M	2.64%
1966	AIC3	137,392	$1.0M	2.64%
1967	ENSENERSYS	13,069	$1.0M	2.64%
1968	AIGAMERICAN INTL GROUP	15,784	$1.0M	2.64%
1969	LVLNSPDR SERIES TRUST STATE STREET	32,829	$1.0M	2.64%
1970	TRNDPACER FDS TR TRENDPILOT	43,336	$1.0M	2.64%
1971	CCIFCARLYLE	407,234	$1.0M	2.64%
1972	RACEFERRARI	4,778	$1.0M	2.64%
1973	SUXTD SYNNEX CORPORATION	8,016	$1.0M	2.64%
1974	CLOABLACKROCK ETF TRUST II ISHARES AAA	31,828	$1.0M	2.64%
1975	XLSRSSGA ACTIVE TR STATE STREET	30,128	$1.0M	2.64%
1976	XPOXPO	9,756	$1.0M	2.64%
1977	WABWABTEC	6,599	$1.0M	2.64%
1978	SIXAEXCHANGE TRADED CONCEPTS TRU ETC 6	24,895	$1.0M	2.64%
1979	DWXSPDR	24,096	$1.0M	2.64%
1980	SCMBSCHWAB STRATEGIC	43,240	$1.0M	2.64%
1981	INCOCOLUMBIA ETF TR II INDIA CONSMR	17,023	$1.0M	2.64%
1982	DGREWISDOMTREE	46,369	$1.0M	2.64%
1983	EBNDSPDR SERIES TRUST	74,937	$1.0M	2.64%
1984	PTHINVESCO EXCHANGE TRADED	32,009	$1.0M	2.64%
1985	LAMRLAMAR ADVERTISING	8,468	$1.0M	2.64%
1986	USRTISHARES	27,075	$1.0M	2.64%
1987	RHCRH	8,252	$1.0M	2.64%
1988	DECKDECKERS OUTDOOR	12,449	$1.0M	2.64%
1989	DBCINVESCO DB COMMDY INDX TRCK	60,513	$1.0M	2.64%
1990	UVVUNIVERSAL	23,476	$1.0M	2.64%
1991	DTCRGLOBAL X FDS DATA CTR &	81,787	$1.0M	2.64%
1992	XCHYXCALAMOS CONV &	136,958	$1.0M	2.64%
1993	FUMBFIRST TR EXCH TRADED FD III	94,764	$1.0M	2.64%
1994	AMRALPHA METALLURGICAL RESOUR	5,136	$1.0M	2.64%
1995	TMHCTAYLOR MORRISON HOME	20,854	$1.0M	2.64%
1996	PCTPURECYCLE TECHNOLOGIES	217,713	$1.0M	2.64%
1997	BDECINNOVATOR ETFS TRUST	36,249	$1.0M	2.64%
1998	HYXFISHARES TR ESG ADVNCD HY	23,043	$1.0M	2.64%
1999	KYNKAYNE ANDERSON ENERGY INFRST	140,894	$1.0M	2.64%
2000	XAODXABRDN	191,966	$1.0M	2.64%

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