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ALPHACLONE ALTERNATIVE ALPHA ETF
ALPHACLONE ALTERNATIVE ALPHA ETF. Institutional holdings reported to the SEC.

Institutional Holders (2017Q2)
Portfolio Summary: 18 Institutional holders with a total value of $6,679,000.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 SUSQUEHANNA INTERNATIONAL GROUP, LLP 48,272 1,916,000 28.69%
2 Virtu KCG Holdings LLC 30,349 1,205,000 18.04%
3 ENVESTNET ASSET MANAGEMENT INC 22,079 878,000 13.15%
4 JANE STREET GROUP, LLC 12,229 485,000 7.26%
5 RAYMOND JAMES & ASSOCIATES 9,031 358,000 5.36%
6 Alpine Global Management, LLC 7,784 309,000 4.63%
7 ALPINE GROUP USVI, LLC 7,784 309,000 4.63%
8 ROYAL BANK OF CANADA 7,734 307,000 4.60%
9 LPL Financial LLC 6,804 270,000 4.04%
10 WELLS FARGO & COMPANY/MN 5,075 201,000 3.01%
11 LADENBURG THALMANN FINANCIAL SERVICES INC. 4,903 195,000 2.92%
12 UBS Group AG 2,734 109,000 1.63%
13 PNC FINANCIAL SERVICES GROUP, INC. 2,012 80,000 1.20%
14 IFP ADVISORS, INC 750 30,000 0.45%
15 MORGAN STANLEY 400 16,000 0.24%
16 Advisory Services Network, LLC 256 10,000 0.15%
17 NEWFOUND RESEARCH LLC 33 1,000 0.01%
18 Parallax Volatility Advisers, L.P. 1 0 0.00%

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.