Cambridge Investment Research Advisors, Inc.
Comparing Q4 2025 vs Q3 2025
Sorting applies to all holdings for this quarter on the server, then the page is sliced. Prior-quarter values come from the full prior-quarter filing.
Issuer ▲▼ | Shares | Value ($K) | ||||
|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | |
| INVESCO | 0 | 1,320,608 | +1,320,608 | 0 | 811,262 | +811,262 |
| SELECT SECTOR SPDR TR STATE STREET | 0 | 1,240,181 | +1,240,181 | 0 | 178,549 | +178,549 |
| SPDR SERIES TRUST STATE STREET | 0 | 2,137,148 | +2,137,148 | 0 | 171,442 | +171,442 |
| SPDR SERIES TRUST STATE STREET | 0 | 1,695,724 | +1,695,724 | 0 | 154,955 | +154,955 |
| INVESCO EXCH TRADED FD TR II | 0 | 888,674 | +888,674 | 0 | 106,037 | +106,037 |
| ISHARES TR MSCI USA QLT | 0 | 508,907 | +508,907 | 0 | 101,079 | +101,079 |
| INVESCO EXCH TRADED FD TR II | 0 | 388,016 | +388,016 | 0 | 98,137 | +98,137 |
| SPDR SERIES TRUST STATE STREET | 0 | 715,960 | +715,960 | 0 | 76,393 | +76,393 |
| ISHARES | 0 | 302,938 | +302,938 | 0 | 74,571 | +74,571 |
| APPLE | 4,394,125 | 4,377,705 | -16,420 | 1,118,876 | 1,190,123 | +71,247 |
| PROFESIONALLY MANAGED PORTFO AKRE | 0 | 1,072,509 | +1,072,509 | 0 | 70,260 | +70,260 |
| ISHARES TR CORE UNIVRSL | 0 | 1,498,396 | +1,498,396 | 0 | 69,735 | +69,735 |
| ALPHABET | 953,107 | 960,470 | +7,363 | 232,129 | 301,396 | +69,267 |
| ALPHABET | 974,631 | 974,440 | -191 | 236,933 | 305,000 | +68,067 |
| INVESCO ACTIVELY MANAGED EXC | 0 | 1,531,312 | +1,531,312 | 0 | 76,948 | +76,948 |
| BLUEROCK PVT REAL ESTATE | 0 | 4,382,006 | +4,382,006 | 0 | 65,730 | +65,730 |
| SELECT SECTOR SPDR TR STATE STREET | 0 | 1,167,917 | +1,167,917 | 0 | 63,967 | +63,967 |
| SPDR SERIES TRUST STATE STREET | 0 | 737,011 | +737,011 | 0 | 60,803 | +60,803 |
| VANGUARD | 0 | 397,998 | +397,998 | 0 | 56,181 | +56,181 |
| SPDR DOW JONES INDL AVERAGE | 0 | 114,706 | +114,706 | 0 | 55,124 | +55,124 |
| ELI LILLY & | 0 | 173,974 | +173,974 | 0 | 186,966 | +186,966 |
| SPDR SERIES TRUST STATE STREET | 0 | 904,778 | +904,778 | 0 | 51,400 | +51,400 |
| SELECT SECTOR SPDR TR STATE STREET | 0 | 1,086,712 | +1,086,712 | 0 | 48,587 | +48,587 |
| SELECT SECTOR SPDR TR STATE STREET | 0 | 295,824 | +295,824 | 0 | 45,794 | +45,794 |
| SELECT SECTOR SPDR TR STATE STREET | 0 | 1,064,353 | +1,064,353 | 0 | 45,437 | +45,437 |
| PIMCO | 0 | 775,638 | +775,638 | 0 | 77,827 | +77,827 |
| VANGUARD | 0 | 106,346 | +106,346 | 0 | 43,896 | +43,896 |
| CAPITAL GROUP | 0 | 7,054,003 | +7,054,003 | 0 | 307,837 | +307,837 |
| J P MORGAN EXCHANGE TRADED | 0 | 3,271,997 | +3,271,997 | 0 | 165,530 | +165,530 |
| CAPITAL GRP | 0 | 1,643,882 | +1,643,882 | 0 | 41,886 | +41,886 |
| ISHARES BITCOIN TRUST | 0 | 725,144 | +725,144 | 0 | 36,003 | +36,003 |
| WORLD | 0 | 416,926 | +416,926 | 0 | 35,593 | +35,593 |
| VICTORY PORTFOLIOS II | 0 | 896,153 | +896,153 | 0 | 35,291 | +35,291 |
| AMAZON | 2,396,583 | 2,425,598 | +29,015 | 526,218 | 559,876 | +33,658 |
| SPDR | 0 | 695,843 | +695,843 | 0 | 474,509 | +474,509 |
| SPDR SERIES TRUST STATE STREET | 0 | 233,826 | +233,826 | 0 | 32,539 | +32,539 |
| INVESCO EXCH TRADED FD TR II | 0 | 474,544 | +474,544 | 0 | 29,596 | +29,596 |
| CAPITAL GROUP | 0 | 4,363,808 | +4,363,808 | 0 | 194,059 | +194,059 |
| SELECT SECTOR SPDR TR STATE STREET | 0 | 247,603 | +247,603 | 0 | 29,148 | +29,148 |
| LAM | 0 | 168,345 | +168,345 | 0 | 28,817 | +28,817 |
| VANGUARD INDEX FDS REAL ESTATE | 0 | 311,655 | +311,655 | 0 | 27,578 | +27,578 |
| SPDR SERIES TRUST STATE STREET | 0 | 300,389 | +300,389 | 0 | 26,795 | +26,795 |
| ISHARES TR 7-10 YR TRSY | 0 | 755,587 | +755,587 | 0 | 72,657 | +72,657 |
| SELECT SECTOR SPDR TR STATE STREET | 0 | 170,451 | +170,451 | 0 | 26,440 | +26,440 |
| MICRON | 0 | 197,261 | +197,261 | 0 | 56,300 | +56,300 |
| CAPITAL GROUP | 0 | 996,254 | +996,254 | 0 | 31,512 | +31,512 |
| INVESCO EXCH TRADED FD TR II | 0 | 455,015 | +455,015 | 0 | 25,285 | +25,285 |
| FIRST TR EXCHANGE-TRADED FD NASDAQ-100 | 0 | 177,089 | +177,089 | 0 | 25,170 | +25,170 |
| SPDR SERIES TRUST STATE STREET | 0 | 533,566 | +533,566 | 0 | 25,003 | +25,003 |
| PUTNAM ETF TRUST | 0 | 1,571,225 | +1,571,225 | 0 | 71,601 | +71,601 |
| SPDR SERIES TRUST STATE STREET | 0 | 1,030,595 | +1,030,595 | 0 | 24,394 | +24,394 |
| SPDR SERIES TRUST STATE STREET | 0 | 100,619 | +100,619 | 0 | 24,273 | +24,273 |
| J P MORGAN EXCHANGE TRADED | 0 | 611,024 | +611,024 | 0 | 33,038 | +33,038 |
| BLACKROCK ETF TRUST II | 0 | 451,246 | +451,246 | 0 | 23,812 | +23,812 |
| CATERPILLAR | 0 | 213,923 | +213,923 | 0 | 122,550 | +122,550 |
| SELECT SECTOR SPDR TR STATE STREET | 0 | 190,393 | +190,393 | 0 | 22,735 | +22,735 |
| SPROTT ASSET MANAGEMENT LP PHYSICAL | 0 | 3,035,301 | +3,035,301 | 0 | 100,226 | +100,226 |
| SPDR SERIES TRUST STATE STREET | 0 | 104,941 | +104,941 | 0 | 22,105 | +22,105 |
| ADVANCED MICRO DEVICES | 411,911 | 414,391 | +2,480 | 66,643 | 88,746 | +22,103 |
| FEDERATED HERMES ETF TRUST MDT | 0 | 666,418 | +666,418 | 0 | 22,038 | +22,038 |
| ISHARES | 0 | 1,418,508 | +1,418,508 | 0 | 133,567 | +133,567 |
| SPDR SERIES TRUST STATE STREET | 0 | 839,980 | +839,980 | 0 | 21,629 | +21,629 |
| ISHARES | 0 | 514,397 | +514,397 | 0 | 109,088 | +109,088 |
| VANGUARD | 0 | 84,647 | +84,647 | 0 | 21,261 | +21,261 |
| EMERSON | 0 | 159,286 | +159,286 | 0 | 21,140 | +21,140 |
| AMERICAN | 0 | 181,360 | +181,360 | 0 | 20,913 | +20,913 |
| ISHARES TR US TELECOM | 0 | 584,902 | +584,902 | 0 | 19,828 | +19,828 |
| SPDR | 0 | 592,598 | +592,598 | 0 | 234,853 | +234,853 |
| INVESCO EXCH TRADED FD TR II | 0 | 266,943 | +266,943 | 0 | 19,065 | +19,065 |
| SELECT SECTOR SPDR TR STATE STREET | 0 | 233,127 | +233,127 | 0 | 18,109 | +18,109 |
| VANGUARD INTL EQUITY INDEX F FTSE EMR | 0 | 1,355,294 | +1,355,294 | 0 | 72,861 | +72,861 |
| VANGUARD SCOTTSDALE FDS | 0 | 715,233 | +715,233 | 0 | 42,864 | +42,864 |
| ISHARES | 0 | 983,535 | +983,535 | 0 | 85,725 | +85,725 |
| FIRST TR EXCHNG TRADED FD VI FT VEST | 0 | 3,262,912 | +3,262,912 | 0 | 111,787 | +111,787 |
| BERKSHIRE HATHAWAY INC DEL | 754,305 | 787,458 | +33,153 | 379,219 | 395,816 | +16,597 |
| SSGA ACTIVE ETF TR STATE STREET | 0 | 407,789 | +407,789 | 0 | 16,413 | +16,413 |
| FIRST TR EXCHANGE TRADED FD NASDQ CLN | 0 | 213,571 | +213,571 | 0 | 32,681 | +32,681 |
| CAPITAL GROUP DIVIDEND GROWE | 0 | 1,330,503 | +1,330,503 | 0 | 47,419 | +47,419 |
| SSGA ACTIVE ETF TR STATE STREET | 0 | 382,594 | +382,594 | 0 | 15,790 | +15,790 |
| VANGUARD WORLD FD EXTENDED | 0 | 237,903 | +237,903 | 0 | 15,466 | +15,466 |
| ISHARES | 0 | 1,306,189 | +1,306,189 | 0 | 87,802 | +87,802 |
| INVESCO EXCH TRADED FD TR II | 0 | 130,664 | +130,664 | 0 | 14,961 | +14,961 |
| WALMART | 0 | 1,321,951 | +1,321,951 | 0 | 147,279 | +147,279 |
| VANGUARD INDEX FDS | 0 | 396,925 | +396,925 | 0 | 102,387 | +102,387 |
| VANGUARD WHITEHALL FDS | 0 | 1,090,230 | +1,090,230 | 0 | 156,470 | +156,470 |
| AMERICAN CENTY | 206,749 | 374,424 | +167,675 | 16,312 | 30,823 | +14,511 |
| SPDR SERIES TRUST STATE STREET | 0 | 539,883 | +539,883 | 0 | 14,291 | +14,291 |
| SPDR SERIES TRUST STATE STREET | 0 | 117,168 | +117,168 | 0 | 14,286 | +14,286 |
| SPROTT ASSET MANAGEMENT LP PHYSICAL | 0 | 1,145,283 | +1,145,283 | 0 | 27,086 | +27,086 |
| BROADCOM | 664,403 | 673,811 | +9,408 | 219,193 | 233,206 | +14,013 |
| FIRST TR EXCHANGE TRADED FD RISNG | 0 | 2,708,359 | +2,708,359 | 0 | 188,150 | +188,150 |
| CAPITAL GROUP | 0 | 3,214,170 | +3,214,170 | 0 | 111,371 | +111,371 |
| ISHARES | 0 | 815,641 | +815,641 | 0 | 52,544 | +52,544 |
| SCHWAB STRATEGIC TR US BRD | 0 | 1,778,973 | +1,778,973 | 0 | 46,662 | +46,662 |
| CAPITAL GROUP CORE BALANCED | 0 | 2,252,009 | +2,252,009 | 0 | 79,563 | +79,563 |
| CAPITAL GROUP | 0 | 430,900 | +430,900 | 0 | 12,427 | +12,427 |
| QUANTA SVCS | 0 | 28,344 | +28,344 | 0 | 11,963 | +11,963 |
| AMPLIFY ETF TR CEF | 0 | 1,019,913 | +1,019,913 | 0 | 11,739 | +11,739 |
| SALESFORCE | 0 | 174,249 | +174,249 | 0 | 46,160 | +46,160 |
| SPDR SERIES TRUST STATE STREET | 0 | 122,452 | +122,452 | 0 | 11,139 | +11,139 |