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	MAINMAIN	148,239	$8.0M	21.14%
602	CAHCARDINAL	39,188	$8.0M	21.14%
603	IHIISHARES TR U.S. MED DVC	140,187	$8.0M	21.14%
604	LINLINDE	19,596	$8.0M	21.14%
605	ILCVISHARES TR MORNINGSTAR	94,682	$8.0M	21.14%
606	GSLCGOLDMAN SACHS ETF TR ACTIVEBETA	63,916	$8.0M	21.14%
607	FDMOFIDELITY COVINGTON TRUST	96,737	$8.0M	21.14%
608	FTXLFIRST TR EXCHANGE TRADED FD NASDQ	61,869	$8.0M	21.14%
609	APDAIR PRODS & CHEMS	35,684	$8.0M	21.14%
610	PTMCPACER FDS TR TRENDP	229,578	$8.0M	21.14%
611	VGLTVANGUARD SCOTTSDALE FDS	150,237	$8.0M	21.14%
612	CTASIMPLIFY EXCHANGE TRADED FUN	314,699	$8.0M	21.14%
613	ESMLISHARES	185,417	$8.0M	21.14%
614	RCSPIMCO STRATEGIC	1,504,087	$8.0M	21.14%
615	MPLXMPLX	159,677	$8.0M	21.14%
616	EDCONSOLIDATED EDISON	87,167	$8.0M	21.14%
617	PDBCINVESCO ACTVELY MNGD ETC FD OPTIMUM	655,787	$8.0M	21.14%
618	ILCGISHARES TR MORNINGSTAR	81,696	$8.0M	21.14%
619	TBUXT ROWE PRICE	166,140	$8.0M	21.14%
620	EMLPFIRST TR EXCHANGE-TRADED FD NO	219,971	$8.0M	21.14%
621	IGROISHARES	98,893	$8.0M	21.14%
622	HNDLSTRATEGY	405,816	$8.0M	21.14%
623	SUBISHARES	81,952	$8.0M	21.14%
624	SEIVSEI EXCHANGE TRADED FUNDS	201,178	$8.0M	21.14%
625	GVIISHARES TR INTRM	80,360	$8.0M	21.14%
626	DNPDNP	808,589	$8.0M	21.14%
627	JNKSPDR SERIES TRUST STATE STREET	86,406	$8.0M	21.14%
628	FQIDIGITAL RLTY	56,110	$8.0M	21.14%
629	PJULINNOVATOR ETFS TRUST	190,149	$8.0M	21.14%
630	CLSCELESTICA	29,061	$8.0M	21.14%
631	ALBALBEMARLE	56,713	$8.0M	21.14%
632	ECLECOLAB	30,931	$8.0M	21.14%
633	TMUST-MOBILE	43,301	$8.0M	21.14%
634	ZNOVINNOVATOR ETFS TRUST	314,773	$8.0M	21.14%
635	INDAISHARES	152,143	$8.0M	21.14%
636	WMBWILLIAMS	138,304	$8.0M	21.14%
637	SHELSHELL PLC SPON	120,805	$8.0M	21.14%
638	DSIISHARES TR ESG MSCI KLD	67,966	$8.0M	21.14%
639	FSSLFS SPECIALTY LENDING	622,371	$8.0M	21.14%
640	TFISPDR SERIES TRUST STATE STREET	175,271	$8.0M	21.14%
641	DTDWISDOMTREE	100,934	$8.0M	21.14%
642	RPVINVESCO EXCHANGE TRADED	86,829	$8.0M	21.14%
643	QUSSPDR SERIES TRUST STATE STREET	46,538	$8.0M	21.14%
644	IBDVISHARES TR IBONDS	380,981	$8.0M	21.14%
645	ONEYSPDR SERIES TRUST STATE STREET	74,305	$8.0M	21.14%
646	ZIONZIONS BANCORPORATION	151,964	$8.0M	21.14%
647	FSIGFIRST TR EXCHANGE-TRADED FD LIMITED	428,141	$8.0M	21.14%
648	TSPAT ROWE PRICE	207,682	$8.0M	21.14%
649	VIGIVANGUARD WHITEHALL FDS INTL DVD	87,975	$8.0M	21.14%
650	GISGENERAL MLS	169,659	$7.0M	18.50%
651	ACWXISHARES TR MSCI ACWI	111,538	$7.0M	18.50%
652	XNTKSPDR SERIES TRUST STATE STREET	27,864	$7.0M	18.50%
653	TRVTRAVELERS COMPANIES	26,548	$7.0M	18.50%
654	CRSCARPENTER	24,249	$7.0M	18.50%
655	XLRESELECT SECTOR SPDR TR STATE STREET	182,082	$7.0M	18.50%
656	VCRBVANGUARD MALVERN FDS	93,315	$7.0M	18.50%
657	BUFSFIRST TR EXCHNG TRADED FD VI VEST	335,341	$7.0M	18.50%
658	AEMAGNICO EAGLE MINES	42,050	$7.0M	18.50%
659	PDPINVESCO EXCHANGE TRADED	68,023	$7.0M	18.50%
660	LDOSLEIDOS HOLDINGS	41,373	$7.0M	18.50%
661	GMGENERAL MTRS	92,692	$7.0M	18.50%
662	NLYANNALY CAPITAL MANAGEMENT	338,953	$7.0M	18.50%
663	EMXCISHARES	100,088	$7.0M	18.50%
664	VIOVVANGUARD ADMIRAL FDS	80,567	$7.0M	18.50%
665	MSIMOTOROLA SOLUTIONS	20,188	$7.0M	18.50%
666	ULUNILEVER PLC SPON	109,194	$7.0M	18.50%
667	NVSNNOVARTIS AG SPONSORED	54,472	$7.0M	18.50%
668	JXNJACKSON FINANCIAL	65,829	$7.0M	18.50%
669	CGWINVESCO EXCH TRADED FD TR II	112,830	$7.0M	18.50%
670	URAGLOBAL X FDS	165,074	$7.0M	18.50%
671	RGLDROYAL	33,841	$7.0M	18.50%
672	FSLRFIRST SOLAR	29,595	$7.0M	18.50%
673	HWMHOWMET	38,181	$7.0M	18.50%
674	SOXQINVESCO EXCH TRADED FD TR II INVESCO PHLX	128,928	$7.0M	18.50%
675	PG4PRINCIPAL FINANCIAL GROUP	86,523	$7.0M	18.50%
676	MDLZMONDELEZ	145,411	$7.0M	18.50%
677	XBXMXNUVEEN	532,098	$7.0M	18.50%
678	XLBSELECT SECTOR SPDR TR STATE STREET	160,744	$7.0M	18.50%
679	HYSPIMCO ETF TR 0-5	81,810	$7.0M	18.50%
680	FLTBFIDELITY MERRIMACK	138,852	$7.0M	18.50%
681	SSOPROSHARES	129,351	$7.0M	18.50%
682	RIORIO TINTO PLC SPONSORED	92,552	$7.0M	18.50%
683	AHRAMERICAN HEALTHCARE	151,812	$7.0M	18.50%
684	CDNSCADENCE DESIGN	25,577	$7.0M	18.50%
685	CGSMCAPITAL GRP	271,763	$7.0M	18.50%
686	XELXCEL	98,168	$7.0M	18.50%
687	DDWMWISDOMTREE	179,066	$7.0M	18.50%
688	MFSBMFS ACTIVE EXCHANGE TRADED	300,513	$7.0M	18.50%
689	NVONOVO-NORDISK	146,861	$7.0M	18.50%
690	FXLFIRST TR EXCHANGE TRADED	44,439	$7.0M	18.50%
691	BBHYJ P MORGAN EXCHANGE TRADED F BETABUILDERS	171,986	$7.0M	18.50%
692	BSCWINVESCO EXCH TRD SLF IDX FD BULLETSHS	350,659	$7.0M	18.50%
693	SPYXSPDR SERIES TRUST STATE STREET	141,343	$7.0M	18.50%
694	XYLDGLOBAL X FDS	196,635	$7.0M	18.50%
695	SPTISPDR SERIES TRUST STATE STREET	267,783	$7.0M	18.50%
696	AVEMAMERICAN CENTY ETF TR AVANTIS	99,322	$7.0M	18.50%
697	FXHFIRST TR EXCHANGE TRADED FD HLTH CARE	64,045	$7.0M	18.50%
698	SPLBSPDR SERIES TRUST STATE STREET	320,752	$7.0M	18.50%
699	IQVIQVIA HLDGS	32,299	$7.0M	18.50%
700	HYBLSSGA ACTIVE TR STATE STREET	246,907	$7.0M	18.50%

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