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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 49 of 76  ·  1,519 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
961 MDY SPDR S&P MIDCAP 400 ETF TR Financial Services 1,365.0 $824K 0.01% -28.0 -2.0% $603.41 +10.2%
962 CGMU CAPITAL GRP FIXED INCM ETF 30,066.0 $823K 0.01% +19K +172.3% $27.38 -0.7%
963 PPL PPL CORP Utilities 23,448.0 $821K 0.01% -681.0 -2.8% $35.02 +1.2%
964 FSMB FIRST TR EXCH TRADED FD III 40,827.0 $818K 0.01% +4K +11.4% $20.04 -0.7%
965 APH AMPHENOL CORP NEW Technology 6,042.0 $817K 0.01% -361.0 -5.6% $135.16 -7.6%
966 DFUV DIMENSIONAL ETF TRUST 17,388.0 $810K 0.01% +420.0 +2.5% $46.59 +13.3%
967 APP APPLOVIN CORP Technology 1,200.0 $809K 0.01% -932.0 -43.7% $673.82 -27.9%
968 PFO FLAHERTY & CRUMRINE PFD INC Financial Services 85,496.0 $808K 0.01% -3K -2.9% $9.45 -4.7%
969 VTEB VANGUARD MUN BD FDS 16,046.0 $807K 0.01% -295.0 -1.8% $50.29 -0.9%
970 CCL CARNIVAL CORP Consumer Cyclical 26,304.0 $803K 0.01% +2K +8.7% $30.54 -14.3%
971 NUBD NUSHARES ETF TR 35,836.0 $801K 0.01% +2K +6.0% $22.36 -1.6%
972 TWST TWIST BIOSCIENCE CORP Healthcare 25,237.0 $801K 0.01% +305.0 +1.2% $31.72 +69.2%
973 PGX INVESCO EXCH TRADED FD TR I 70,802.0 $796K 0.01% -2K -3.1% $11.24 -2.6%
974 VCV INVESCO CALIF VALUE MUN INC Financial Services 71,316.0 $794K 0.01% -4K -5.3% $11.13 -5.7%
975 AON AON PLC Financial Services 2,248.0 $793K 0.01% +15.0 +0.7% $352.88 -8.1%
976 TEQI T ROWE PRICE ETF INC 17,535.0 $792K 0.01% -345.0 -1.9% $45.17 +9.6%
977 FLQM FRANKLIN TEMPLETON ETF TR 14,050.0 $790K 0.01% -396.0 -2.7% $56.26 +0.2%
978 BST BLACKROCK SCIENCE & TECHNOL Financial Services 19,452.0 $789K 0.01% +4K +27.6% $40.54 +13.0%
979 AA ALCOA CORP Basic Materials 14,716.0 $782K 0.01% +1K +11.3% $53.14 +24.7%
980 HRL HORMEL FOODS CORP Consumer Defensive 32,982.0 $782K 0.01% +5K +19.9% $23.70 -11.1%
Page 49 of 76  ·  1,519 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%