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ADVISORSHARES TR
ADVISORSHARES TR. Institutional holdings reported to the SEC.

Institutional Holders (2015Q1)
Portfolio Summary: 50 Institutional holders with a total value of $92,718,698.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 MORGAN STANLEY 511,311 21,163,000 22.82%
2 Main Management LLC 319,000 13,203,000 14.24%
3 SUSQUEHANNA INTERNATIONAL GROUP, LLP 294,533 12,191,000 13.15%
4 WELLS FARGO & COMPANY/MN 193,889 8,025,000 8.66%
5 Hillsdale Investment Management Inc. 76,625 3,172,000 3.42%
6 CREDIT SUISSE AG/ 73,736 3,052,000 3.29%
7 LPL Financial LLC 71,946 2,966,000 3.20%
8 Virtu KCG Holdings LLC 54,843 2,270,000 2.45%
9 Orion Porfolio Solutions, LLC 50,444 2,088,000 2.25%
10 SUSQUEHANNA INTERNATIONAL GROUP, LLP 44,700 1,850,000 2.00% Put
11 CIBC WORLD MARKET INC. 44,630 1,847,000 1.99%
12 Gradient Investments LLC 42,945 1,777,000 1.92%
13 Sigma Planning Corp 40,688 1,684,000 1.82%
14 NWAM LLC 40,029 1,657,000 1.79%
15 SUSQUEHANNA INTERNATIONAL GROUP, LLP 38,200 1,581,000 1.71% Call
16 Merriman Wealth Management, LLC 37,474 1,559,000 1.68%
17 Advisors Preferred, LLC 26,702 1,105,196 1.19%
18 Hilltop Holdings Inc. 25,354 1,049,000 1.13%
19 Quintium Advisors, LLC 25,125 1,040,000 1.12%
20 ENVESTNET ASSET MANAGEMENT INC 22,229 920,000 0.99%
21 Peak Asset Management, LLC 20,817 862,000 0.93%
22 ADVISORY RESEARCH INC 18,129 750,000 0.81%
23 WEDBUSH SECURITIES INC 15,090 625,000 0.67%
24 JANE STREET GROUP, LLC 14,075 583,000 0.63%
25 AMERICAN INTERNATIONAL GROUP, INC. 13,325 551,502 0.59%
26 Cambridge Investment Research Advisors, Inc. 11,631 481,000 0.52%
27 First Allied Advisory Services, Inc. 11,505 473,000 0.51%
28 Stratos Wealth Partners, LTD. 10,800 447,000 0.48%
29 LADENBURG THALMANN FINANCIAL SERVICES INC. 10,460 433,000 0.47%
30 HL FINANCIAL SERVICES LLC 8,800 364,000 0.39%
31 B. Riley Wealth Management, Inc. 8,728 361,000 0.39%
32 AMERICAN ECONOMIC PLANNING GROUP INC /ADV 8,154 336,000 0.36%
33 Accuvest Global Advisors 7,584 314,000 0.34%
34 SII INVESTMENTS INC/WI 7,213 299,000 0.32%
35 Commonwealth Equity Services, Inc 6,972 289,000 0.31%
36 STIFEL FINANCIAL CORP 6,675 276,000 0.30%
37 USCA RIA LLC 5,630 233,000 0.25%
38 TWO SIGMA SECURITIES, LLC 5,103 211,000 0.23%
39 BANK OF MONTREAL /CAN/ 3,700 153,000 0.17%
40 ROYAL BANK OF CANADA 2,161 89,000 0.10%
41 GUPTA WEALTH MANAGEMENT LLC 2,010 83,000 0.09%
42 MSI Financial Services Inc 2,010 83,000 0.09%
43 Creative Planning 1,770 73,000 0.08%
44 PNC FINANCIAL SERVICES GROUP, INC. 1,488 61,000 0.07%
45 Ameritas Investment Partners, Inc. 750 31,000 0.03%
46 CITIGROUP INC 668 27,000 0.03%
47 ADVANTAGE INVESTMENT MANAGEMENT, LLC 500 21,000 0.02%
48 Cordasco Financial Network 240 10,000 0.01%
49 Parallax Volatility Advisers, L.P. 1 0 0.00%
50 Concert Wealth Management Inc. 18,802 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.