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

Institutional Holders (2015Q3)
Portfolio Summary: 38 Institutional holders with a total value of $46,335,000.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 LPL Financial LLC 195,255 10,653,000 22.99%
2 MORGAN STANLEY 86,912 4,578,000 9.88%
3 WELLS FARGO & COMPANY/MN 67,930 3,579,000 7.72%
4 UNITED CAPITAL FINANCIAL ADVISORS, LLC 60,056 3,164,000 6.83%
5 MSI Financial Services Inc 49,455 2,605,000 5.62%
6 Merriman Wealth Management, LLC 45,600 2,402,000 5.18%
7 UBS Group AG 44,668 2,353,000 5.08%
8 JANE STREET GROUP, LLC 43,970 2,316,000 5.00%
9 STIFEL FINANCIAL CORP 37,627 1,982,000 4.28%
10 J.P. Turner & Co Capital Mnagement, LLC 25,803 1,360,000 2.94%
11 CITADEL ADVISORS LLC 24,056 1,267,000 2.73%
12 LADENBURG THALMANN FINANCIAL SERVICES INC. 23,701 1,249,000 2.70%
13 VSR Financial Services, Inc. 23,564 1,241,000 2.68%
14 First Allied Advisory Services, Inc. 22,223 1,169,000 2.52%
15 PACIFIC FINANCIAL GROUP INC 15,524 818,000 1.77%
16 NORTHERN TRUST CORP 12,408 654,000 1.41%
17 WESTPORT RESOURCES MANAGEMENT INC 9,292 490,000 1.06%
18 ENVESTNET ASSET MANAGEMENT INC 8,962 472,000 1.02%
19 Partnervest Advisory Services LLC 8,666 457,000 0.99%
20 SUSQUEHANNA INTERNATIONAL GROUP, LLP 7,704 406,000 0.88%
21 BECK CAPITAL MANAGEMENT, LLC 7,438 405,000 0.87%
22 Miller Investment Management, LP 6,740 355,000 0.77%
23 Investors Capital Advisory Services 5,500 289,000 0.62%
24 HighTower Advisors, LLC 5,370 283,000 0.61%
25 OPPENHEIMER & CO INC 5,044 266,000 0.57%
26 Cambridge Investment Research Advisors, Inc. 4,841 255,000 0.55%
27 NATIONAL PLANNING CORP 4,289 246,000 0.53%
28 IRON Financial LLC 4,644 245,000 0.53%
29 CITIGROUP INC 4,360 229,000 0.49%
30 INVESTMENT CENTERS OF AMERICA INC 4,057 215,000 0.46%
31 ROYAL BANK OF CANADA 2,305 122,000 0.26%
32 AMERICAN INTERNATIONAL GROUP, INC. 2,150 113,000 0.24%
33 FIRST MANHATTAN CO. LLC. 1,235 65,000 0.14%
34 People's United Financial, Inc. 350 18,000 0.04%
35 Creative Planning 200 11,000 0.02%
36 CWM, LLC 43 2,000 0.00%
37 Advisory Services Network, LLC 10 1,000 0.00%
38 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.