Managers / Q4 2025 · view latest →

CENTAURUS FINANCIAL, INC.

CIK 0000891943 · 2300 E. KATELLA AVENUE, SUITE #200, ANAHEIM, CA, 92806 · 714-456-1790

Reported Value

$2.2B

Q4 2025

Positions

1,046

Filings on Record

2019–present window

Filed

Feb 13, 2026

original filing

Summary

Centaurus Financial, Inc. reported $2.2B in U.S.-listed holdings across 1,046 positions for Q4 2025.

Its largest position, QUAL, represents 9.0% of the portfolio.

Compared with Q3 2025, the fund opened 79 new positions and exited 68.

Portfolio Metrics

Turnover

+7.0%

vs prior filed quarter

Top-10 Concentration

+36.9%

share of reported value

Largest Position

+9.0%

Ishares Tr

New / Exited

79 / 68

positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value

Portfolio Composition

By security type

ETP · 55.9% · $1.2B
Common Stock · 40.4% · $884M
REIT · 2.1% · $45M
Closed-End Fund · 0.8% · $17M
ADR · 0.7% · $16M
Other · 0.1% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
MORGAN STANLEY ETF TRUST	NEW	+102.0K	102.0K	+$5M	$5M
BPRE BLUEROCK PVT REAL ESTATE FD	NEW	+227.4K	227.4K	+$3M	$3M
XDTE ROUNDHILL ETF TRUST	NEW	+83.0K	83.0K	+$3M	$3M
CLIP GLOBAL X FDS	NEW	+18.4K	18.4K	+$2M	$2M
KVUE KENVUE INC	NEW	+90.7K	90.7K	+$2M	$2M
PPLT ABRDN PLATINUM ETF TRUST	NEW	+8.3K	8.3K	+$2M	$2M
W WAYFAIR INC	NEW	+13.8K	13.8K	+$1M	$1M
DDFO INNOVATOR ETFS TRUST	NEW	+49.5K	49.5K	+$1M	$1M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2025

303 positions

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	QUAL ISHARES TR	MSCI USA QLT FCT · MSCI ACWI ETF · 20 YR TR BD ETF · CORE S&P US VLU · CORE S&P MCP ETF · 0-3 MNTH TREASRY · MSCI USA MMENTM · S&P 500 GRWT ETF · GLOBAL 100 ETF · RUSSELL 2000 ETF · MSCI INTL QUALTY · MSCI EAFE ETF · PFD AND INCM SEC · U.S. MED DVC ETF · MSCI EMG MKT ETF · CORE S&P SCP ETF · S&P 500 VAL ETF · CORE S&P500 ETF · U.S. TECH ETF · EAFE GRWTH ETF · EAFE VALUE ETF · TRUST ISHARE 0-1 · MSCI USA MIN VOL · HDG MSCI EAFE · RUS 2000 GRW ETF · FLTG RATE NT ETF · MSCI INDIA ETF · CORE MSCI EAFE · U.S. REAL ES ETF · CORE DIV GRWTH · RUS 1000 ETF · US AER DEF ETF · RUS 1000 GRW ETF · RUS MID CAP ETF · TRS FLT RT BD · SELECT DIVID ETF · EXPND TEC SC ETF · US CONSUM DISCRE	9.02%	$197M	1.95M
2	TIDAL TRUST III	NESTYIELD VISION · NESTYIELD DYNAMI · NESTYIELD TOTAL	6.66%	$146M	3.66M
3	BIL SPDR SERIES TRUST	STATE STREET SPD · FTSE INT GVT ETF	3.69%	$81M	998.3K
4	XLK SELECT SECTOR SPDR TR	STATE STREET TEC · STATE STREET IND · STATE STREET UTI · STATE STREET COM · STATE STREET HEA · STATE STREET FIN · STATE STREET CON · STATE STREET ENE	3.05%	$67M	723.6K
5	ZALT INNOVATOR ETFS TRUST	DEFINED WLT SHLD · U S EQ 10 BUFFER · EQUITY DEFINED P · NASDAQ-100 10 BU · US SMALL CAP 10 · US EQTY PWR BUF · EQUITY DEFIN 1YR · US EQT PWR BUF · LADDERED ALC BFR · EQUITY DUAL DIRE · US EQTY ULTRA B · US EQUITY ACCELE · EQUITY DUAL DIRC · US EQT ACC 9 BFR · US EQTY ACCELRT9 · US EQT ULTRA BF	3.01%	$66M	2.05M
6	NVDA NVIDIA CORPORATION history →	COM	2.80%	$61M	328.7K
7	AAPL APPLE INC history →	COM	2.51%	$55M	201.6K
8	GOOG ALPHABET INC	CAP STK CL C · CAP STK CL A	2.09%	$46M	146.1K
9	AMZN AMAZON COM INC history →	COM	2.07%	$45M	195.9K
10	SPY SPDR S&P 500 ETF TR history →	TR UNIT	1.98%	$43M	63.4K
11	MGK VANGUARD WORLD FD	MEGA GRWTH IND · MEGA CAP VAL ETF · ENERGY ETF · INF TECH ETF · FINANCIALS ETF · MATERIALS ETF · COMM SRVC ETF · UTILITIES ETF · CONSUM STP ETF · CONSUM DIS ETF · INDUSTRIAL ETF · HEALTH CAR ETF	1.59%	$35M	154.0K
12	OCTW AIM ETF PRODUCTS TRUST	ALLIANZIM US EQU · US LRGCP B20 JUL · US LRGCP B20 APR · US LRGCP B10 JUL · US LARCP B20 MAR · US LRGCP B10 APR · ALLIANZIM US EQT · ALLIANZIM US LRG · US LRGCP B20 JUN	1.59%	$35M	980.8K
13	MSFT MICROSOFT CORP history →	COM	1.56%	$34M	70.6K
14	AVGO BROADCOM INC history →	COM	1.50%	$33M	94.9K
15	QQQ INVESCO QQQ TR history →	UNIT SER 1	1.46%	$32M	52.0K
16	FIXD FIRST TR EXCHNG TRADED FD VI	FT VEST LADDERED · SMITH OPPORT FXD · FT VEST U.S. · FT VEST US EQT · FT VEST UQ EQT · FT VEST NAS · VEST BUFFERED	1.39%	$30M	795.8K
17	VOO VANGUARD INDEX FDS	S&P 500 ETF SHS · GROWTH ETF · VALUE ETF · TOTAL STK MKT · SML CP GRW ETF · EXTEND MKT ETF · SMALL CP ETF · REAL ESTATE ETF · MCAP VL IDXVIP · SM CP VAL ETF	1.39%	$30M	83.5K
18	JPST J P MORGAN EXCHANGE TRADED F	ULTRA SHRT ETF · EQUITY PREMIUM · NASDAQ EQT PREM · US MOMENTUM	1.25%	$27M	505.8K
19	TSLA TESLA INC history →	COM	1.22%	$27M	59.2K
20	META META PLATFORMS INC history →	CL A	1.11%	$24M	36.9K
21	FBND FIDELITY MERRIMACK STR TR history →	TOTAL BD ETF	0.92%	$20M	437.3K
22	PKST PEAKSTONE REALTY TRUST history →	COMMON SHARES	0.88%	$19M	1.34M
23	XLG INVESCO EXCHANGE TRADED FD T	S&P 500 TOP 50 · S&P500 EQL WGT · S&P MDCP QUALITY · S&P500 PUR GWT · AEROSPACE DEFN · S&P SMLCP MOMENT	0.81%	$18M	259.4K
24	NBIS NEBIUS GROUP N.V.history →	SHS CLASS A	0.78%	$17M	203.4K
25	GLD SPDR GOLD TR history →	GOLD SHS	0.76%	$17M	42.0K
26	RECS COLUMBIA ETF TR I history →	RESH ENHNC COR	0.75%	$16M	403.0K
27	TIDAL TRUST II	YIELDMAX NVDA · DEFIANCE AI & PW	0.75%	$16M	1.10M
28	JPM JPMORGAN CHASE & CO.history →	COM	0.71%	$16M	48.4K
29	ALRM ALARM COM HLDGS INC history →	COM	0.63%	$14M	269.1K
30	APP APPLOVIN CORP history →	COM CL A	0.63%	$14M	20.4K
31	IDMO INVESCO EXCH TRADED FD TR II	S&P INTL MOMNT · NASDAQ 100 ETF	0.62%	$14M	151.9K
32	PQAP PGIM ROCK ETF TR	NASDAQ-100 BUFFE · S&P 500 BUFFER · LADDERED S&P 500	0.60%	$13M	443.4K
33	COWZ PACER FDS TR	US CASH COWS 100 · US SMALL CAP CAS · ARISTOTLE PACIFI	0.59%	$13M	243.1K
34	ORCL ORACLE CORP history →	COM	0.59%	$13M	65.8K
35	SMH VANECK ETF TRUST	SEMICONDUCTR ETF · MRNGSTR WDE MOAT · BDC INCOME ETF · GOLD MINERS ETF	0.58%	$13M	211.4K
36	MA MASTERCARD INCORPORATED history →	CL A	0.56%	$12M	21.5K
37	WMT WALMART INC history →	COM	0.55%	$12M	108.8K
38	LLY ELI LILLY & CO history →	COM	0.55%	$12M	11.3K
39	TCAF T ROWE PRICE ETF INC	CAP APPRECIATION · SMALL MID CAP · US EQUITY RESEAR	0.55%	$12M	318.2K
40	NFLX NETFLIX INC history →	COM	0.51%	$11M	120.0K
41	SCHG SCHWAB STRATEGIC TR	US LCAP GR ETF · US DIVIDEND EQ · US SML CAP ETF · INTL EQTY ETF	0.51%	$11M	376.2K
42	FND FLOOR & DECOR HLDGS INC history →	CL A	0.47%	$10M	167.9K
43	CPSM CALAMOS ETF TR	S P 500 STRUCTUR · RUSSELL 2000 STR · LADDERED S&P 500 · S&P 500 STRUCTRD	0.46%	$10M	370.6K
44	BRK/B BERKSHIRE HATHAWAY INC DEL history →	CL B NEW	0.46%	$10M	20.0K
45	PLTR PALANTIR TECHNOLOGIES INC	CL A	0.46%	$10M	56.2K
46	AMERICAN CENTY ETF TR	US SML CP VALU	0.46%	$10M	97.8K
47	ADSK AUTODESK INC	COM	0.45%	$10M	33.1K
48	JAAA JANUS DETROIT STR TR	HENDRSON AAA CL	0.44%	$10M	192.0K
49	AMD ADVANCED MICRO DEVICES INC	COM	0.42%	$9M	43.0K
50	CIBR FIRST TR EXCHANGE TRADED FD	BLOOMBERG AI ETF · NASDAQ CYB ETF · FT VEST RIS · NASDAQ-100 SEL · DJ INTERNT IDX · INDLS PROD DUR · FT VEST GOLD · RBA INDL ETF · FT VEST S&P 500 · UTILITIES ALPH	0.41%	$9M	177.5K
51	MU MICRON TECHNOLOGY INC	COM	0.38%	$8M	28.8K
52	UBER UBER TECHNOLOGIES INC	COM	0.36%	$8M	97.0K
53	GFL GFL ENVIRONMENTAL INC	SUB VTG SHS	0.36%	$8M	182.7K
54	SPDR INDEX SHS FDS	S&P EM MKT DIV	0.35%	$8M	195.8K
55	CGGR CAPITAL GROUP GROWTH ETF	SHS CREATION UNI	0.34%	$7M	165.6K
56	TSM TAIWAN SEMICONDUCTOR MFG LTD	SPONSORED ADS	0.31%	$7M	22.6K
57	FMDE FIDELITY COVINGTON TRUST	ENHANCED MID · HIGH DIVID ETF · MSCI INFO TECH I · MSCI FINLS IDX · MSCI INDL INDX · MSCI CONSM DIS	0.30%	$7M	122.7K
58	TYL TYLER TECHNOLOGIES INC	COM	0.30%	$7M	14.4K
59	XDTE ROUNDHILL ETF TRUST	S&P 500 ODTE COV · RUSSELL 2000 0DT · WEEKLYPAY UNIVRS	0.28%	$6M	170.6K
60	SLV ISHARES SILVER TR	ISHARES	0.27%	$6M	91.7K
61	PATK PATRICK INDS INC	COM	0.27%	$6M	54.1K
62	CGUS CAPITAL GROUP CORE EQUITY ET	SHS CREATION UNI	0.27%	$6M	145.5K
63	DHR DANAHER CORPORATION	COM	0.27%	$6M	25.3K
64	COST COSTCO WHSL CORP NEW	COM	0.26%	$6M	6.7K
65	EXMOC EXXON MOBIL CORP	COM	0.26%	$6M	46.7K
66	WCN WASTE CONNECTIONS INC	COM	0.25%	$5M	31.0K
67	APG API GROUP CORP	COM STK	0.24%	$5M	137.5K
68	MORGAN STANLEY ETF TRUST	EATON VANCE TOTA	0.24%	$5M	102.0K
69	SSO PROSHARES TR	PSHS ULT S&P 500	0.24%	$5M	90.3K
70	CLIP GLOBAL X FDS	1-3 MONTH T-BILL · US INFR DEV ETF · ARTIFICIAL ETF · US PFD ETF	0.24%	$5M	105.2K
71	WFC WELLS FARGO CO NEW	COM	0.24%	$5M	55.6K
72	SMA SMARTSTOP SELF STORAG REIT I	COMMON STOCK	0.24%	$5M	167.2K
73	CEG CONSTELLATION ENERGY CORP	COM	0.23%	$5M	14.4K
74	IBIT ISHARES BITCOIN TRUST ETF	SHS BEN INT	0.22%	$5M	95.6K
75	V VISA INC	COM CL A	0.21%	$5M	13.4K
76	TMO THERMO FISHER SCIENTIFIC INC	COM	0.21%	$5M	8.1K
77	CGDG CAPITAL GROUP DIVIDEND GROWE	SHS ETF	0.21%	$5M	130.0K
78	CGDV CAPITAL GROUP DIVIDEND VALUE	SHS CREATION UNI	0.21%	$5M	104.8K
79	STWD STARWOOD PPTY TR INC	COM	0.21%	$5M	253.6K
80	MKL MARKEL GROUP INC	COM	0.21%	$5M	2.1K
81	MCK MCKESSON CORP	COM	0.20%	$4M	5.4K
82	BA BOEING CO	COM	0.20%	$4M	20.2K
83	OUNZ VANECK MERK GOLD ETF	GOLD SHS	0.20%	$4M	105.4K
84	CRM SALESFORCE INC	COM	0.19%	$4M	16.0K
85	BX BLACKSTONE INC	COM	0.19%	$4M	27.5K
86	IEMG ISHARES INC	CORE MSCI EMKT · MSCI GBL MIN VOL · MSCI EMRG CHN	0.19%	$4M	55.1K
87	VOOG VANGUARD ADMIRAL FDS INC	500 GRTH IDX F · 500 VAL IDX FD · MIDCP 400 GRTH	0.19%	$4M	20.0K
88	UNH UNITEDHEALTH GROUP INC	COM	0.18%	$4M	12.2K
89	DSGX DESCARTES SYS GROUP INC	COM	0.18%	$4M	45.1K
90	PECO PHILLIPS EDISON & CO INC	COMMON STOCK	0.18%	$4M	109.7K
91	SEIX VIRTUS ETF TR II	SEIX SR LN ETF	0.18%	$4M	166.6K
92	CGBL CAPITAL GROUP CORE BALANCED	SHS	0.17%	$4M	106.7K
93	DOUBLELINE ETF TRUST	COMMERCIAL REAL	0.17%	$4M	72.3K
94	DON WISDOMTREE TR	US MIDCAP DIVID · US LARGECAP FUND · US QTLY DIV GRT	0.17%	$4M	60.6K
95	GE AEROSPACE	COM NEW	0.17%	$4M	12.0K
96	INTC INTEL CORP	COM	0.17%	$4M	97.9K
97	CGXU CAPITAL GROUP INTL FOCUS EQT	SHS CREATION UNI	0.16%	$4M	119.5K
98	ASML ASML HOLDING N V	N Y REGISTRY SHS	0.16%	$3M	3.2K
99	BPRE BLUEROCK PVT REAL ESTATE FD	COM	0.16%	$3M	227.4K
100	DIS DISNEY WALT CO	COM	0.16%	$3M	29.9K

Filing History

Quarter	Reported Value	Positions	Filed	Type	Links
Q1 2026	$2.1B	1,058	May 18, 2026	13F-HR	changes · EDGAR ↗
Q4 2025	$2.2B	1,046	Feb 13, 2026	13F-HR	changes · EDGAR ↗
Q3 2025	$2.1B	1,034	Nov 20, 2025	13F-HR	changes · EDGAR ↗
Q2 2025	$1.7B	963	Aug 29, 2025	13F-HR	changes · EDGAR ↗
Q1 2025	$1.7B	892	May 15, 2025	13F-HR	changes · EDGAR ↗
Q3 2024	$1.6B	837	Nov 12, 2024	13F-HR	changes · EDGAR ↗
Q1 2024	$1.4B	761	May 14, 2024	13F-HR	changes · EDGAR ↗
Q4 2023	$1.3B	774	Feb 26, 2024	13F-HR	changes · EDGAR ↗
Q3 2023	$1.2B	750	Nov 13, 2023	13F-HR	changes · EDGAR ↗
Q2 2023	$1.1B	737	Aug 15, 2023	13F-HR	changes · EDGAR ↗
Q1 2023	$1.2B	901	May 18, 2023	13F-HR	changes · EDGAR ↗
Q4 2022	$1.1B	836	Feb 13, 2023	13F-HR	changes · EDGAR ↗
Q2 2022	$1.0B	827	Aug 2, 2022	13F-HR	changes · EDGAR ↗
Q1 2022	$1.3B	887	May 13, 2022	13F-HR	changes · EDGAR ↗
Q4 2021	$1.3B	913	Feb 1, 2022	13F-HR	changes · EDGAR ↗
Q3 2021	$1.2B	883	Nov 12, 2021	13F-HR	changes · EDGAR ↗
Q2 2021	$1.2B	888	Aug 10, 2021	13F-HR	changes · EDGAR ↗
Q1 2021	$1.0B	811	Apr 30, 2021	13F-HR	changes · EDGAR ↗
Q4 2020	$950M	772	Jan 25, 2021	13F-HR	changes · EDGAR ↗
Q3 2020	$722M	643	Nov 12, 2020	13F-HR	changes · EDGAR ↗
Q2 2020	$677M	618	Aug 13, 2020	13F-HR	changes · EDGAR ↗
Q1 2020	$500M	521	Apr 21, 2020	13F-HR	changes · EDGAR ↗
Q4 2019	$714M	630	Feb 12, 2020	13F-HR	changes · EDGAR ↗
Q3 2019	$639M	447	Nov 12, 2019	13F-HR	changes · EDGAR ↗
Q2 2019	$635M	597	Aug 15, 2019	13F-HR	changes · EDGAR ↗
Q1 2019	$17.0B	552	Jul 1, 2019	RESTATEMENT	changes · EDGAR ↗
Q4 2018	$14M	470	Feb 12, 2019	13F-HR	changes · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.