Institutional Manager · CIK 0001798986

Cedar Mountain Advisors, LLC

LAKE OSWEGO, OR · File #028-19719

Latest AUM

$518.4M

Positions

757

Top-10 Concentration

73.2%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
REDUCE	STATE STREET SPDR PORTFOLIO SHORT TERM CORPORATE BOND ETF	78464A474	-41,798	-$1.3M	-$61,198
REDUCE	ISHARES RUSSELL 1000 GROWTH ETF	464287614	-1,417	-$670,666	+$956,035
ADD	VANGUARD HEALTH CARE ETF	92204A504	+1,618	+$465,741	+$1.4M
REDUCE	STATE STREET SPDR BLOOMBERG INVESTMENT GRADE FLOATING RATE ETF	78468R200	-14,721	-$452,376	-$32,507
REDUCE	PGIM ULTRA SHORT BOND ETF	69344A107	-8,597	-$426,324	-$37,126
REDUCE	SCHWAB US AGGREGATE BOND ETF	808524839	-18,109	-$423,207	-$64,577
ADD	ISHARES RUSSELL 1000 VALUE ETF	464287598	+1,586	+$333,599	+$2.7M
ADD	ISHARES CORE S&P SMALL CAP ETF	464287804	+2,103	+$252,738	+$301,420
ADD	VANGUARD FINANCIALS ETF	92204A405	+1,836	+$245,087	+$324,447
ADD	ISHARES RUSSELL MID-CAP VALUE ETF	464287473	+1,726	+$243,452	+$348,179

Sector Allocation

Financials

8.3%$42.9M

Technology

2.1%$11.1M

Consumer Discretionary

0.7%$3.4M

0.6%$3.1M

0.2%$951,169

0.1%$603,317

0.1%$573,332

0.1%$566,119

Communication Services

0.1%$314,783

Real Estate

0.0%$115,394

Materials

0.0%$98,596

Filing History

Feb 11, 202613F HOLDINGS REPORTQ/E Dec 2025757 pos · $518.4M
Oct 24, 202513F HOLDINGS REPORTQ/E Sep 2025693 pos · $513.6M
Jul 22, 202513F HOLDINGS REPORTQ/E Jun 2025366 pos · $481.2M
Apr 14, 202513F HOLDINGS REPORTQ/E Mar 2025353 pos · $446.4M
Jan 21, 202513F HOLDINGS REPORTQ/E Dec 2024377 pos · $455.1M
Oct 15, 202413F HOLDINGS REPORTQ/E Sep 2024342 pos · $443.6M
Jul 11, 202413F HOLDINGS REPORTQ/E Jun 2024348 pos · $404.6M
Apr 16, 202413F HOLDINGS REPORTQ/E Mar 2024356 pos · $397.7M
Oct 23, 202313F HOLDINGS REPORTQ/E Dec 2023321 pos · $339.2M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES RUSSELL 1000 GROWTH ETF	464287614	194,083	$91.9M	18.16%
2	ISHARES RUSSELL 1000 VALUE ETF	464287598	402,552	$84.7M	16.74%
3	ISHARES RUSSELL MID-CAP GROWTH ETF	464287481	273,518	$37.5M	7.41%
4	ISHARES RUSSELL MID-CAP VALUE ETF	464287473	254,035	$35.8M	7.08%
5	ISHARES CORE S&P SMALL CAP ETF	464287804	225,413	$27.1M	5.36%
6	INVESCO QQQ TRUST SERIES I	IVZ	40,507	$24.9M	4.92%
7	VANGUARD FINANCIALS ETF	92204A405	146,030	$19.5M	3.85%
8	STATE STREET SPDR PORTFOLIO SHORT TERM CORPORATE BOND ETF	78464A474	638,181	$19.3M	3.81%
9	VANGUARD HEALTH CARE ETF	92204A504	52,266	$15.0M	2.97%
10	SCHWAB US AGGREGATE BOND ETF	808524839	627,593	$14.7M	2.90%
11	VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETF	921946794	138,847	$12.5M	2.47%
12	FRANKLIN INTERNATIONAL LOW VOLATILITY HIGH DIVIDEND INDEX ETF	52468L505	337,224	$12.4M	2.45%
13	ISHARES CORE 10 YEAR USD BOND ETF	464289479	238,334	$11.8M	2.34%
14	INVESCO S&P 500 QUALITY ETF	IVZ	141,386	$10.6M	2.10%
15	ISHARES CORE U.S. AGGREGATE BOND ETF	464287226	73,346	$7.3M	1.45%
16	PGIM ULTRA SHORT BOND ETF	69344A107	145,967	$7.2M	1.43%
17	STATE STREET SPDR BLOOMBERG INVESTMENT GRADE FLOATING RATE ETF	78468R200	235,448	$7.2M	1.43%
18	ISHARES FLEXIBLE INCOME ACTIVE ETF	BLK	126,058	$6.7M	1.32%
19	VANGUARD FTSE EMERGING MARKETS ETF	922042858	115,011	$6.2M	1.22%
20	ISHARES MSCI EAFE ETF	464287465	62,922	$6.0M	1.19%