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

Institutional Holders (2015Q2)
Portfolio Summary: 50 Institutional holders with a total value of $76,977,627.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 MORGAN STANLEY 409,284 16,617,000 21.59%
2 Main Management LLC 265,350 10,773,000 13.99%
3 WELLS FARGO & COMPANY/MN 173,585 7,048,000 9.16%
4 CIBC WORLD MARKET INC. 95,523 3,878,000 5.04%
5 Hillsdale Investment Management Inc. 82,525 3,351,000 4.35%
6 CREDIT SUISSE AG/ 78,607 3,191,000 4.15%
7 JPMORGAN CHASE & CO 72,800 2,956,000 3.84%
8 LPL Financial LLC 66,966 2,714,000 3.53%
9 Wolf Group Capital Advisors 111,870 2,708,000 3.52%
10 SUSQUEHANNA INTERNATIONAL GROUP, LLP 54,400 2,209,000 2.87% Call
11 SUSQUEHANNA INTERNATIONAL GROUP, LLP 53,400 2,168,000 2.82% Put
12 Orion Porfolio Solutions, LLC 50,444 2,048,000 2.66%
13 Gradient Investments LLC 50,234 2,040,000 2.65%
14 ROYAL BANK OF CANADA 38,516 1,563,000 2.03%
15 SUSQUEHANNA INTERNATIONAL GROUP, LLP 36,105 1,466,000 1.90%
16 Advisors Preferred, LLC 31,364 1,273,000 1.65%
17 Hilltop Holdings Inc. 28,899 1,173,000 1.52%
18 ENVESTNET ASSET MANAGEMENT INC 24,502 995,000 1.29%
19 Quintium Advisors, LLC 23,535 956,000 1.24%
20 WEDBUSH SECURITIES INC 19,590 795,000 1.03%
21 Bluefin Trading, LLC 13,342 542,000 0.70%
22 ADVISORY RESEARCH INC 13,077 531,000 0.69%
23 First Allied Advisory Services, Inc. 11,806 481,000 0.62%
24 Cambridge Investment Research Advisors, Inc. 11,053 449,000 0.58%
25 Stratos Wealth Partners, LTD. 10,800 438,000 0.57%
26 Virtu KCG Holdings LLC 10,713 435,000 0.57%
27 LADENBURG THALMANN FINANCIAL SERVICES INC. 9,669 392,000 0.51%
28 Sigma Planning Corp 9,252 376,000 0.49%
29 HL FINANCIAL SERVICES LLC 9,100 369,000 0.48%
30 AMERICAN ECONOMIC PLANNING GROUP INC /ADV 8,154 338,000 0.44%
31 B. Riley Wealth Management, Inc. 7,603 308,000 0.40%
32 Accuvest Global Advisors 7,584 308,000 0.40%
33 AMERICAN INTERNATIONAL GROUP, INC. 7,577 307,627 0.40%
34 SMITH, MOORE & CO. 6,980 283,000 0.37%
35 SII INVESTMENTS INC/WI 6,367 258,000 0.34%
36 STIFEL FINANCIAL CORP 6,025 245,000 0.32%
37 Commonwealth Equity Services, Inc 6,005 244,000 0.32%
38 USCA RIA LLC 5,380 218,000 0.28%
39 Madrona Financial Services, LLC 4,989 203,000 0.26%
40 BANK OF MONTREAL /CAN/ 3,700 150,000 0.19%
41 MSI Financial Services Inc 1,414 57,000 0.07%
42 Ameritas Investment Partners, Inc. 750 30,000 0.04%
43 PNC FINANCIAL SERVICES GROUP, INC. 662 27,000 0.04%
44 CITIGROUP INC 531 22,000 0.03%
45 ADVANTAGE INVESTMENT MANAGEMENT, LLC 500 20,000 0.03%
46 Cordasco Financial Network 240 10,000 0.01%
47 GUPTA WEALTH MANAGEMENT LLC 210 9,000 0.01%
48 SIGNATUREFD, LLC 76 3,000 0.00%
49 DUBUQUE BANK & TRUST CO 60 2,000 0.00%
50 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.