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

Institutional Holders (2015Q2)
Portfolio Summary: 28 Institutional holders with a total value of $48,751,837.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 LPL Financial LLC 221,977 12,662,000 25.97%
2 MORGAN STANLEY 119,435 6,823,000 14.00%
3 UNITED CAPITAL FINANCIAL ADVISORS, LLC 59,976 3,427,000 7.03%
4 MSI Financial Services Inc 55,770 3,186,000 6.54%
5 JANE STREET GROUP, LLC 46,219 2,641,000 5.42%
6 UBS Group AG 44,491 2,542,000 5.21%
7 WELLS FARGO & COMPANY/MN 40,878 2,336,000 4.79%
8 STIFEL FINANCIAL CORP 38,834 2,219,000 4.55%
9 PACIFIC FINANCIAL GROUP INC 33,334 1,904,000 3.91%
10 USCA RIA LLC 31,252 1,786,000 3.66%
11 LADENBURG THALMANN FINANCIAL SERVICES INC. 22,124 1,264,000 2.59%
12 First Allied Advisory Services, Inc. 21,010 1,203,000 2.47%
13 OPPENHEIMER & CO INC 18,977 1,084,000 2.22%
14 Partnervest Advisory Services LLC 15,106 863,000 1.77%
15 NORTHERN TRUST CORP 14,908 852,000 1.75%
16 VSR Financial Services, Inc. 13,830 790,000 1.62%
17 WESTPORT RESOURCES MANAGEMENT INC 10,009 572,000 1.17%
18 Miller Investment Management, LP 9,000 514,000 1.05%
19 BECK CAPITAL MANAGEMENT, LLC 8,096 462,000 0.95%
20 ROYAL BANK OF CANADA 6,541 373,000 0.77%
21 Investors Capital Advisory Services 5,500 314,000 0.64%
22 NATIONAL PLANNING CORP 4,595 264,000 0.54%
23 CITIGROUP INC 4,268 244,000 0.50%
24 INVESTMENT CENTERS OF AMERICA INC 4,057 233,000 0.48%
25 AMERICAN INTERNATIONAL GROUP, INC. 2,150 122,837 0.25%
26 FIRST MANHATTAN CO. LLC. 1,235 70,000 0.14%
27 Advisory Services Network, LLC 10 1,000 0.00%
28 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.