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ETFS PHYSICAL
ETFS PHYSICAL. Institutional holdings reported to the SEC.

Institutional Holders (2014Q2)
Portfolio Summary: 35 Institutional holders with a total value of $36,856,330.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 Courage Miller Partners, LLC 145,566 10,545,000 28.61%
2 MORGAN STANLEY 100,855 7,306,000 19.82%
3 UBS AG 38,287 2,774,000 7.53%
4 Advisory Alpha, LLC 29,106 2,108,000 5.72%
5 BANK OF AMERICA CORP /DE/ 28,444 2,061,000 5.59%
6 NewSquare Capital LLC 26,789 1,941,000 5.27%
7 LPL Financial LLC 22,045 1,597,000 4.33%
8 SUSQUEHANNA INTERNATIONAL GROUP, LLP 17,766 1,287,000 3.49%
9 AMERIPRISE FINANCIAL INC 13,599 985,000 2.67%
10 Virtu Financial LLC 12,523 907,000 2.46%
11 Commonwealth Equity Services, Inc 11,202 811,000 2.20%
12 WELLS FARGO & COMPANY/MN 10,563 765,000 2.08%
13 GOLDMAN SACHS GROUP INC 9,358 678,000 1.84%
14 Cutter & CO Brokerage, Inc. 7,025 509,000 1.38%
15 HighTower Advisors, LLC 5,000 362,000 0.98%
16 Cambridge Investment Research Advisors, Inc. 4,586 332,000 0.90%
17 Fernwood Investment Management, LLC 4,100 297,000 0.81%
18 DEUTSCHE BANK AG\ 4,052 292,000 0.79%
19 STIFEL FINANCIAL CORP 3,596 260,000 0.71%
20 Horrell Capital Management, Inc. 3,199 232,000 0.63%
21 Gradient Investments LLC 2,877 208,000 0.56%
22 LADENBURG THALMANN FINANCIAL SERVICES INC. 1,974 143,000 0.39%
23 WFG Advisors, LP 1,230 89,000 0.24%
24 AlphaMark Advisors, LLC 925 67,000 0.18% SH
25 AMERICAN INTERNATIONAL GROUP, INC. 750 54,330 0.15%
26 CITIGROUP INC 595 43,000 0.12%
27 MSI Financial Services Inc 549 40,000 0.11%
28 ROYAL BANK OF CANADA 550 40,000 0.11%
29 Smithfield Trust Co 473 34,000 0.09%
30 PRIVATE TRUST CO NA 400 29,000 0.08%
31 Tower Research Capital LLC (TRC) 373 27,000 0.07%
32 Edge Wealth Management LLC 275 20,000 0.05%
33 ALLIANCEBERNSTEIN L.P. 101 7,000 0.02%
34 NEXT Financial Group, Inc 60 4,000 0.01%
35 NEW ENGLAND SECURITIES CORP /MA/ 28 2,000 0.01%

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.