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

Institutional Holders (2016Q1)
Portfolio Summary: 43 Institutional holders with a total value of $37,629,000.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 MORGAN STANLEY 327,881 10,361,000 27.53%
2 WELLS FARGO & COMPANY/MN 130,779 4,133,000 10.98%
3 LPL Financial LLC 106,020 3,350,000 8.90%
4 Madrona Financial Services, LLC 91,993 2,907,000 7.73%
5 SUSQUEHANNA INTERNATIONAL GROUP, LLP 76,301 2,407,000 6.40%
6 Peak Asset Management, LLC 44,809 1,416,000 3.76%
7 NWAM LLC 44,190 1,396,000 3.71%
8 Raymond James Financial Services Advisors, Inc. 37,317 1,179,000 3.13%
9 ROYAL BANK OF CANADA 35,840 1,132,000 3.01%
10 Virtu KCG Holdings LLC 32,365 1,023,000 2.72%
11 Sigma Planning Corp 29,937 946,000 2.51%
12 FLOW TRADERS U.S. LLC 28,194 890,000 2.37%
13 Hillsdale Investment Management Inc. 28,100 888,000 2.36%
14 SUSQUEHANNA INTERNATIONAL GROUP, LLP 25,100 792,000 2.10% Call
15 Advisors Preferred, LLC 21,900 691,000 1.84%
16 CORNERSTONE WEALTH MANAGEMENT, LLC 5,147 428,000 1.14%
17 SUSQUEHANNA INTERNATIONAL GROUP, LLP 12,500 394,000 1.05% Put
18 KALOS MANAGEMENT, INC. 11,860 387,000 1.03%
19 WEDBUSH SECURITIES INC 11,205 354,000 0.94%
20 RAYMOND JAMES & ASSOCIATES 10,390 328,000 0.87%
21 IFP ADVISORS, INC 9,228 292,000 0.78%
22 JANE STREET GROUP, LLC 9,180 290,000 0.77%
23 VICUS CAPITAL 9,120 288,000 0.77%
24 AMERICAN ECONOMIC PLANNING GROUP INC /ADV 8,154 250,000 0.66%
25 Commonwealth Equity Services, Inc 6,700 212,000 0.56%
26 LADENBURG THALMANN FINANCIAL SERVICES INC. 6,179 194,000 0.52%
27 ENVESTNET ASSET MANAGEMENT INC 6,088 192,000 0.51%
28 KRILOGY FINANCIAL LLC 3,396 107,000 0.28%
29 UBS Group AG 2,018 64,000 0.17%
30 Creative Planning 1,770 56,000 0.15%
31 SIMPLEX TRADING, LLC 1,648 52,000 0.14%
32 BANK OF MONTREAL /CAN/ 1,500 47,000 0.12%
33 MSI Financial Services Inc 1,153 36,000 0.10%
34 AMERICAN INTERNATIONAL GROUP, INC. 1,075 34,000 0.09%
35 Gradient Investments LLC 1,030 33,000 0.09%
36 CITIGROUP INC 1,057 33,000 0.09%
37 PNC FINANCIAL SERVICES GROUP, INC. 672 20,000 0.05%
38 ADVANTAGE INVESTMENT MANAGEMENT, LLC 500 16,000 0.04%
39 Ameritas Investment Partners, Inc. 195 6,000 0.02%
40 Advisors Asset Management, Inc. 65 2,000 0.01%
41 DUBUQUE BANK & TRUST CO 60 2,000 0.01%
42 NEXT Financial Group, Inc 50 1,000 0.00%
43 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.