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

Institutional Holders (2016Q4)
Portfolio Summary: 44 Institutional holders with a total value of $42,662,000.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 MORGAN STANLEY 365,590 13,034,000 30.55%
2 WELLS FARGO & COMPANY/MN 136,484 4,866,000 11.41%
3 CITADEL ADVISORS LLC 98,412 3,508,000 8.22%
4 Madrona Financial Services, LLC 84,090 2,998,000 7.03% SH
5 LPL Financial LLC 60,535 2,155,000 5.05%
6 Virtu KCG Holdings LLC 59,499 2,121,000 4.97%
7 SUSQUEHANNA INTERNATIONAL GROUP, LLP 51,426 1,833,000 4.30%
8 Peak Asset Management, LLC 46,537 1,659,000 3.89%
9 NWAM LLC 39,448 1,406,000 3.30%
10 Sigma Planning Corp 31,172 1,111,000 2.60%
11 ROYAL BANK OF CANADA 31,045 1,107,000 2.59%
12 FLOW TRADERS U.S. LLC 28,044 1,000,000 2.34%
13 RELIANCE TRUST CO OF DELAWARE 22,670 808,000 1.89%
14 Merriman Wealth Management, LLC 21,839 779,000 1.83%
15 KALOS MANAGEMENT, INC. 11,555 412,000 0.97%
16 Bank of New York Mellon Corp 10,647 379,000 0.89%
17 Commonwealth Equity Services, Inc 8,808 314,000 0.74%
18 HL FINANCIAL SERVICES LLC 8,750 312,000 0.73%
19 RAYMOND JAMES & ASSOCIATES 8,394 299,000 0.70%
20 AMERICAN ECONOMIC PLANNING GROUP INC /ADV 8,154 283,000 0.66%
21 Cambridge Investment Research Advisors, Inc. 7,803 278,000 0.65%
22 IFP ADVISORS, INC 6,984 249,000 0.58%
23 WEDBUSH SECURITIES INC 6,660 237,000 0.56%
24 JANE STREET GROUP, LLC 6,323 225,000 0.53%
25 ENVESTNET ASSET MANAGEMENT INC 5,990 214,000 0.50%
26 TWO SIGMA SECURITIES, LLC 5,872 209,000 0.49%
27 AVEO CAPITAL PARTNERS, LLC 5,711 204,000 0.48%
28 LADENBURG THALMANN FINANCIAL SERVICES INC. 4,951 175,000 0.41%
29 BANK OF MONTREAL /CAN/ 4,240 147,000 0.34%
30 ADVISOR GROUP, INC. 3,691 131,000 0.31%
31 Creative Planning 2,247 80,000 0.19%
32 MSI Financial Services Inc 813 29,000 0.07%
33 PNC FINANCIAL SERVICES GROUP, INC. 679 23,000 0.05%
34 ADVANTAGE INVESTMENT MANAGEMENT, LLC 500 18,000 0.04%
35 D.A. DAVIDSON & CO. 500 17,000 0.04%
36 PERENNIAL ADVISORS, LLC 375 13,000 0.03%
37 Gradient Investments LLC 328 12,000 0.03%
38 Ameritas Investment Partners, Inc. 195 6,000 0.01%
39 SIMPLEX TRADING, LLC 98 3,000 0.01%
40 Advisors Asset Management, Inc. 65 2,000 0.00%
41 KRILOGY FINANCIAL LLC 53 2,000 0.00%
42 UBS Group AG 60 2,000 0.00%
43 DUBUQUE BANK & TRUST CO 60 2,000 0.00%
44 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.