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Institutional Investment Manager
LADENBURG THALMANN FINANCIAL SERVICES INC.
LADENBURG THALMANN FINANCIAL SERVICES INC. (CIK: 0001029730) incorporated in Florida, registered under Security Brokers, Dealers & Flotation Companies, located at 4400 Biscayne Blvd., Miami, FL. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q3)
Portfolio Summary: 4,917 holdings with a total value of $6,676,097,000.
#
Name
Shares
Value ($)
%
Options
Notes
251 PNC FINL SVCS GROUP INC 52,033 4,685,000 0.07%
252 WISDOMTREE TR 51,382 4,669,000 0.07%
253 SPDR SER TR 53,850 4,650,000 0.07%
254 EMERSON ELEC CO 84,875 4,610,000 0.07%
255 HERSHEY CO 47,829 4,571,000 0.07%
256 TJX COS INC NEW 61,077 4,566,000 0.07%
257 UNILEVER PLC 96,146 4,557,000 0.07%
258 FORTUNE BRANDS HOME & SEC IN 78,456 4,555,000 0.07%
259 SELECT SECTOR SPDR TR 94,936 4,533,000 0.07%
260 LEUCADIA NATL CORP 238,006 4,532,000 0.07%
261 SELECT SECTOR SPDR TR 146,034 4,447,000 0.07%
262 ISHARES GOLD TRUST 348,675 4,425,000 0.07%
263 WISDOMTREE TR 66,364 4,413,000 0.07%
264 ISHARES TR 32,215 4,412,000 0.07%
265 NUVEEN S&P 500 BUY-WRITE INC 331,984 4,395,000 0.07%
266 ISHARES TR 56,496 4,371,000 0.07%
267 GALLAGHER ARTHUR J & CO 85,325 4,340,000 0.07%
268 ISHARES 57,135 4,333,000 0.06%
269 BANK HAWAII CORP 59,562 4,325,000 0.06%
270 FIRST TR MORNINGSTAR DIV LEA 158,487 4,323,000 0.06%
271 SYSCO CORP 87,701 4,293,000 0.06%
272 VANECK VECTORS ETF TR 132,191 4,263,000 0.06%
273 ISHARES RUSSELL 2000 GROWTH ETF 28,619 4,261,000 0.06%
274 NUVEEN SR INCOME FD 650,397 4,253,000 0.06%
275 VANGUARD INTL EQUITY INDEX F 69,897 4,253,000 0.06%
276 ISHARES 5-10 YEAR INVESTMENT GRADE CORPORATE BOND ETF 37,971 4,229,000 0.06%
277 DELTA AIRLINES INC DEL 107,366 4,228,000 0.06%
278 PIMCO ETF TR 39,128 4,223,000 0.06%
279 SCHWAB U.S. LARGE-CAP ETF 81,480 4,205,000 0.06%
280 CONAGRA BRANDS INC 88,726 4,179,000 0.06%
281 BLACKSTONE GROUP L P 162,978 4,165,000 0.06%
282 FIRST TR VALUE LINE DIVID INSHS 154,183 4,165,000 0.06%
283 ISHARES TR 96,959 4,126,000 0.06%
284 FIRST TR EXCHANGE TRADED FD 162,522 4,113,000 0.06%
285 ISHARES TRUST S&P 100 ETF 42,865 4,112,000 0.06%
286 NORFOLK SOUTHERN CORP 42,310 4,101,000 0.06%
287 POWERSHARES ETF TR II 157,443 4,100,000 0.06%
288 WEC ENERGY GROUP INC 67,698 4,044,000 0.06%
289 DIAGEO P L C 34,797 4,036,000 0.06%
290 PUBLIC STORAGE 18,088 4,033,000 0.06%
291 SELECT SECTOR SPDR TR 68,939 4,025,000 0.06%
292 OCCIDENTAL PETE CORP DEL 54,710 3,994,000 0.06%
293 PAYCHEX INC 68,241 3,949,000 0.06%
294 TARGET CORP 57,315 3,934,000 0.06%
295 GENERAL MTRS CO 123,559 3,930,000 0.06%
296 AFLAC INC 54,573 3,917,000 0.06%
297 O REILLY AUTOMOTIVE INC NEW 13,938 3,903,000 0.06%
298 OMEGA HEALTHCARE INVS INC 109,399 3,899,000 0.06%
299 POWERSHARES ETF TR II 127,000 3,888,000 0.06%
300 ILLINOIS TOOL WKS INC 32,274 3,868,000 0.06%
Page 6 of 99

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001144204-16-134135, filed 2016.11.14).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.