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

Institutional Holders (2014Q1)
Portfolio Summary: 26 Institutional holders with a total value of $22,977,334.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 LPL Financial LLC 146,223 7,257,000 31.58%
2 UNITED CAPITAL FINANCIAL ADVISORS, LLC 51,105 2,536,000 11.04%
3 Atria Investments, Inc 45,768 2,271,000 9.88%
4 MORGAN STANLEY 35,098 1,742,000 7.58%
5 MSI Financial Services Inc 28,102 1,395,000 6.07%
6 UBS AG 24,072 1,195,000 5.20%
7 Orion Porfolio Solutions, LLC 24,000 1,191,000 5.18%
8 First Allied Advisory Services, Inc. 18,481 914,000 3.98%
9 KMS FINANCIAL SERVICES, INC 15,702 779,000 3.39%
10 STIFEL FINANCIAL CORP 11,472 569,000 2.48%
11 OPPENHEIMER & CO INC 10,955 544,000 2.37%
12 BECK CAPITAL MANAGEMENT, LLC 9,370 468,000 2.04%
13 Arbiter Partners Capital Management LLC 9,000 447,000 1.95%
14 Investors Capital Advisory Services 6,300 312,000 1.36%
15 Partnervest Advisory Services LLC 5,568 276,000 1.20%
16 Private Advisor Group, LLC 5,057 251,000 1.09%
17 Arete Wealth Advisors, LLC 4,243 211,000 0.92%
18 CITIGROUP INC 3,052 151,000 0.66%
19 B. Riley Wealth Advisors, Inc. 2,829 140,000 0.61%
20 AMERICAN INTERNATIONAL GROUP, INC. 1,800 89,334 0.39%
21 WESTPORT RESOURCES MANAGEMENT INC 1,300 65,000 0.28%
22 FIRST MANHATTAN CO. LLC. 1,235 61,000 0.27%
23 NEW ENGLAND SECURITIES CORP /MA/ 1,150 57,000 0.25%
24 B. Riley Wealth Management, Inc. 1,000 50,000 0.22%
25 MACROVIEW INVESTMENT MANAGEMENT LLC 100 5,000 0.02%
26 Creative Planning 15 1,000 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.