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Institutional Investment Manager
Tower Research Capital LLC (TRC)
Tower Research Capital LLC (TRC) (CIK: 0001533421) incorporated in New York, located at 120 Broadway, New York, NY. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q3)
Portfolio Summary: 3,771 holdings with a total value of $1,006,656,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 ISHARES TR 24,587 2,107,000 0.21%
52 FIRST TR EXCHANGE TRADED FD 59,739 2,106,000 0.21%
53 POWERSHARES ETF TRUST 43,803 2,078,000 0.21%
54 FIDELITY 55,546 1,914,000 0.19%
55 FIRST TR EXCHANGE TRADED FD 23,177 1,890,000 0.19%
56 DIREXION SHS ETF TR OIL GAS BL 3X SH 20,558 1,843,000 0.18%
57 SCHWAB US DIVIDEND EQUITY ETF 42,789 1,810,000 0.18%
58 ISHARES TR 10,272 1,791,000 0.18%
59 SPDR DOW JONES INDL AVRG ETF 9,520 1,740,000 0.17%
60 ISHARES TR 12,032 1,650,000 0.16%
61 PROSHARES TR 42,065 1,618,000 0.16%
62 FIRST TR EXCHANGE TRADED FD 59,954 1,584,000 0.16%
63 PROSHARES TR 17,979 1,556,000 0.15%
64 DIREXION SHARES ETT TR DAILY HEALTHCARE BULL 3X SHS ETF 45,481 1,450,000 0.14%
65 VANGUARD STAR FDS 30,595 1,444,000 0.14%
66 ISHARES TR 9,025 1,356,000 0.13%
67 SPDR SER TR 15,941 1,345,000 0.13%
68 FIRST TR LRGE CP CORE ALPHA 28,573 1,336,000 0.13%
69 ISHARES TR 32,789 1,297,000 0.13%
70 ISHARES TR 9,969 1,287,000 0.13%
71 ASTRAZENECA PLC 38,682 1,271,000 0.13%
72 PROSHARES TR 26,126 1,243,000 0.12%
73 PROSHARES ULTRASHORT RUSSELL2000 42,789 1,234,000 0.12%
74 ISHARES TR 8,273 1,202,000 0.12%
75 DELL TECHNOLOGIES INC 24,043 1,149,000 0.11%
76 VANGUARD INTL EQUITY INDEX F 18,725 1,139,000 0.11%
77 FIRST TR LRG CP VL ALPHADEX 26,501 1,128,000 0.11%
78 3M CO 6,324 1,114,000 0.11%
79 POWERSHARES ETF TRUST 10,444 1,100,000 0.11%
80 COGNIZANT TECHNOLOGY SOLUTIO 22,873 1,091,000 0.11%
81 AMBEV SA 179,169 1,091,000 0.11%
82 FRANCO NEVADA CORP 15,415 1,077,000 0.11%
83 PROSHARES TR 51,406 1,066,000 0.11%
84 PROSHARES TR 8,589 1,062,000 0.11%
85 SCHWAB STRATEGIC TR 32,863 1,023,000 0.10%
86 PROCTER AND GAMBLE CO 11,389 1,022,000 0.10%
87 DEUTSCHE BANK AG 77,805 1,018,000 0.10%
88 DIREXION SHS ETF TR 34,047 992,000 0.10%
89 ISHARES TR 10,987 989,000 0.10%
90 ISHARES TRUST US HLTHCR PR ETF 7,449 924,000 0.09%
91 VANECK ETF TRUST 12,976 901,000 0.09%
92 SILVER WHEATON CORP 32,952 891,000 0.09%
93 POWERSHARES ETF TRUST 14,039 865,000 0.09%
94 DIREXION DAILY TECHNOLOGY BULL 3X SHARES 17,161 833,000 0.08%
95 SCHWAB STRATEGIC TRUST SCHWAB FUNDAMENTAL US 26,702 831,000 0.08%
96 BARRICK GOLD CORP 46,362 822,000 0.08%
97 AMERICAN EXPRESS CO 12,796 820,000 0.08%
98 INTERNATIONAL BUSINESS MACHS 5,055 803,000 0.08%
99 ISHARES TR 10,132 800,000 0.08%
100 AGNICO EAGLE MINES LTD 14,765 800,000 0.08%
Page 2 of 76

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001533421-16-000013, filed 2016.11.08).

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.