D.A. DAVIDSON & CO. Q4 2025 Filing

Filed January 29, 2026

Portfolio Value

$16.3B

Holdings

1,507

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (1,507 positions)

#StockSharesValue% PortfolioType
301
INTUINTUIT
10,691$7.1B43.38%
302
ASMLASML HOLDING N V
6,589$7.0B43.18%
303
FXLFIRST TR EXCHANGE TRADED FD
41,832$7.0B43.12%
304
PFFISHARES TR
227,221$7.0B43.09%
305
AFLAFLAC INC
63,646$7.0B42.99%
306
MOATVANECK ETF TRUST
67,559$7.0B42.85%
307
AWRAMER STATES WTR CO
96,169$7.0B42.69%
308
IQLTISHARES TR
153,171$7.0B42.64%
309
LMBSFIRST TR EXCHANGE-TRADED FD
138,106$6.9B42.28%
310
FERGFERGUSON ENTERPRISES INC
30,983$6.9B42.25%
311
BOXXEA SERIES TRUST
59,606$6.9B42.02%
312
XLFSELECT SECTOR SPDR TR
125,137$6.9B41.98%
313
LVHILEGG MASON ETF INVT
185,656$6.8B41.87%
314
DEMWISDOMTREE TR
145,050$6.8B41.50%
315
MTUMISHARES TR
26,827$6.7B41.13%
316
SLBSLB LIMITED
174,926$6.7B41.12%
317
ADIANALOG DEVICES INC
24,748$6.7B41.11%
318
ETENERGY TRANSFER L P
405,267$6.7B40.93%
319
GDXVANECK ETF TRUST
77,884$6.7B40.92%
320
SPSMSPDR SERIES TRUST
142,121$6.7B40.79%
321
IBTIISHARES TR
293,510$6.6B40.21%
322
A4SAMERIPRISE FINL INC
13,380$6.6B40.19%
323
JEPQJ P MORGAN EXCHANGE TRADED
112,396$6.5B40.01%
324
USFRWISDOMTREE TR
129,138$6.5B39.80%
325
NSCNORFOLK SOUTHN CORP
22,506$6.5B39.80%
326
EXPDEXPEDITORS INTL WASH INC
42,915$6.4B39.17%
327
VCSHVANGUARD SCOTTSDALE FDS
80,183$6.4B39.16%
328
ABALLIANCEBERNSTEIN HLDG L P
165,739$6.4B39.06%
329
EXPEEXPEDIA GROUP INC
22,458$6.4B38.97%
330
GVAGRANITE CONSTR INC
55,143$6.4B38.96%
331
HRIHERC HLDGS INC
42,491$6.3B38.61%
332
CGMSCAPITAL GRP FIXED INCM ETF
225,710$6.2B38.19%
333
CEGCONSTELLATION ENERGY CORP
17,578$6.2B38.04%
334
SMLFISHARES TR
82,919$6.2B38.03%
335
DFAUDIMENSIONAL ETF TRUST
131,395$6.1B37.67%
336
IQVIQVIA HLDGS INC
27,190$6.1B37.54%
337
CLSCELESTICA INC
20,641$6.1B37.37%
338
FTCFIRST TR EXCHANGE-TRADED AL
38,107$6.1B37.32%
339
DONWISDOMTREE TR
117,594$6.1B37.16%
340
FNXFIRST TR EXCHANGE-TRADED AL
47,280$6.0B36.48%
341
SUSAISHARES TR
42,691$5.9B36.43%
342
AEPAMERICAN ELEC PWR CO INC
51,446$5.9B36.34%
343
ACGLARCH CAP GROUP LTD
61,449$5.9B36.10%
344
ALCALCON AG
74,779$5.9B36.10%
345
TBLLINVESCO EXCH TRADED FD TR I
55,630$5.9B36.00%
346
MLB1MERCADOLIBRE INC
2,913$5.9B35.94%
347
ORLYOREILLY AUTOMOTIVE INC
64,140$5.8B35.83%
348
IGEISHARES TR
116,543$5.8B35.83%
349
SYFSYNCHRONY FINANCIAL
70,067$5.8B35.80%
350
XLRESELECT SECTOR SPDR TR
144,596$5.8B35.74%
351
ESGVVANGUARD WORLD FD
48,186$5.8B35.70%
352
HTGCHERCULES CAPITAL INC
309,211$5.8B35.64%
353
STZCONSTELLATION BRANDS INC
41,895$5.8B35.40%
354
IWDISHARES TR
27,314$5.7B35.19%
355
SOFISOFI TECHNOLOGIES INC
219,166$5.7B35.14%
356
BNDXVANGUARD CHARLOTTE FDS
118,202$5.7B34.98%
357
CMCSACOMCAST CORP NEW
190,962$5.7B34.96%
358
IUSGISHARES TR
33,802$5.7B34.77%
359
GBCIGLACIER BANCORP INC NEW
126,639$5.6B34.17%
360
SPGSIMON PPTY GROUP INC NEW
30,111$5.6B34.14%
361
AEMAGNICO EAGLE MINES LTD
32,868$5.6B34.13%
362
WMBWILLIAMS COS INC
92,371$5.6B34.01%
363
GRMNGARMIN LTD
27,129$5.5B33.71%
364
ZROZPIMCO ETF TR
85,277$5.5B33.56%
365
MRVLMARVELL TECHNOLOGY INC
64,081$5.4B33.35%
366
FMDEFIDELITY COVINGTON TRUST
149,430$5.4B33.30%
367
NOCNORTHROP GRUMMAN CORP
9,437$5.4B32.96%
368
WYWEYERHAEUSER CO MTN BE
226,936$5.4B32.93%
369
NLYANNALY CAPITAL MANAGEMENT I
240,078$5.4B32.88%
370
JBLJABIL INC
23,529$5.4B32.86%
371
FYXFIRST TR EXCHANGE-TRADED AL
47,422$5.4B32.86%
372
TTETOTALENERGIES SE
81,915$5.4B32.82%
373
SPGPINVESCO EXCHANGE TRADED FD
47,009$5.4B32.78%
374
BCCCGLOBAL X FDS
244,240$5.3B32.57%
375
MPCMARATHON PETE CORP
32,089$5.2B31.96%
376
IAU*ISHARES GOLD TR
64,039$5.2B31.84%
377
COLBCOLUMBIA BKG SYS INC
185,930$5.2B31.83%
378
IVZINVESCO LTD
196,673$5.2B31.64%
379
CTRACOTERRA ENERGY INC
195,938$5.2B31.59%
380
CARRCARRIER GLOBAL CORPORATION
97,026$5.1B31.40%
381
OSKOSHKOSH CORP
40,502$5.1B31.17%
382
XLISELECT SECTOR SPDR TR
32,552$5.0B30.93%
383
FQIDIGITAL RLTY TR INC
32,623$5.0B30.91%
384
CXTCRANE NXT CO
106,842$5.0B30.80%
385
FANGDIAMONDBACK ENERGY INC
33,343$5.0B30.70%
386
FIDFIRST TR EXCHANGE TRADED FD
243,802$5.0B30.69%
387
SILGLOBAL X FDS
59,582$5.0B30.48%
388
FTHYFIRST TR HIGH YIELD OPPRT 2
353,516$5.0B30.46%
389
COINCOINBASE GLOBAL INC
21,932$5.0B30.38%
390
INDAISHARES TR
91,702$5.0B30.36%
391
CITHE CIGNA GROUP
17,991$5.0B30.33%
392
DSLDOUBLELINE INCOME SOLUTIONS
433,237$4.9B29.90%
393
CGDGCAPITAL GROUP DIVIDEND GROW
136,688$4.9B29.84%
394
MODLVICTORY PORTFOLIOS II
102,329$4.9B29.78%
395
KLACKLA CORP
3,985$4.8B29.66%
396
XCEMCOLUMBIA ETF TR II
126,146$4.8B29.63%
397
SCCOSOUTHERN COPPER CORP
33,638$4.8B29.56%
398
FFORD MTR CO
367,787$4.8B29.56%
399
WTWWILLIS TOWERS WATSON PLC LT
14,672$4.8B29.53%
400
DHRDANAHER CORPORATION
20,914$4.8B29.32%
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