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Portfolio (Quarterly) Guide ↗

D.A. DAVIDSON & CO.

· CIK 0001080107
13F Portfolio $16.3B AUM 1,519 positions Filed Jan 29, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 89 New 736 Added 494 Reduced 103 Exited
Page 3 of 5  ·  89 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 AVUV AMERICAN CENTY ETF TR 3,501.0 $357K 0.00% NEW $101.98 +15.0%
42 XMHQ INVESCO EXCHANGE TRADED FD 3,442.0 $353K 0.00% NEW $102.42 +4.7%
43 YELP YELP INC Communication Services 11,564.0 $351K 0.00% NEW $30.39 -30.6%
44 KSS KOHLS CORP Consumer Cyclical 16,087.0 $328K 0.00% NEW $20.41 -41.5%
45 LRGF ISHARES TR 4,649.0 $325K 0.00% NEW $69.95 +5.7%
46 ALGN ALIGN TECHNOLOGY INC Healthcare 1,999.0 $312K 0.00% NEW $156.15 +0.7%
47 TRUST FOR PROFESSIONAL MANA 11,900.0 $302K 0.00% NEW $25.36
48 KRMN KARMAN HLDGS INC Industrials 3,915.0 $286K 0.00% NEW $73.17 -9.8%
49 AKRE PROFESIONALLY MANAGED PORTF 4,287.0 $281K 0.00% NEW $65.51 -18.9%
50 FORM FORMFACTOR INC Technology 4,951.0 $276K 0.00% NEW $55.78 +129.5%
51 FRPT FRESHPET INC Consumer Defensive 4,526.0 $276K 0.00% NEW $60.93 -19.0%
52 NNN NNN REIT INC Real Estate 6,925.0 $274K 0.00% NEW $39.63 +10.4%
53 VANGUARD MUN BD FDS 2,700.0 $272K 0.00% NEW $100.83
54 STIP ISHARES TR 2,639.0 $270K 0.00% NEW $102.39 +1.1%
55 QQQI NEOS ETF TRUST 4,970.0 $268K 0.00% NEW $53.86 +4.7%
56 HFSI HARTFORD FDS EXCHANGE TRADE 7,540.0 $268K 0.00% NEW $35.48 -1.3%
57 MFS ACTIVE EXCHANGE TRADED 8,958.0 $254K 0.00% NEW $28.30
58 LCII LCI INDS Consumer Cyclical 2,086.0 $253K 0.00% NEW $121.34 -6.1%
59 WBD WARNER BROS DISCOVERY INC Communication Services 8,768.0 $253K 0.00% NEW $28.82 -5.9%
60 PAYC PAYCOM SOFTWARE INC Technology 1,553.0 $247K 0.00% NEW $159.36 -16.2%
Page 3 of 5  ·  89 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 26.2%
Financial Services 18.9%
Industrials 13.5%
Healthcare 10.5%
Consumer Cyclical 7.4%
Consumer Defensive 6.1%
Communication Services 5.6%
Energy 4.3%
Utilities 2.7%
Real Estate 2.5%