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

Institutional Holders (2015Q4)
Portfolio Summary: 38 Institutional holders with a total value of $48,264,000.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 LPL Financial LLC 243,405 12,971,000 26.88%
2 MORGAN STANLEY 118,499 6,409,000 13.28%
3 JANE STREET GROUP, LLC 83,578 4,521,000 9.37%
4 UBS Group AG 64,504 3,489,000 7.23%
5 MSI Financial Services Inc 54,099 2,926,000 6.06%
6 STIFEL FINANCIAL CORP 43,951 2,377,000 4.92%
7 CITADEL ADVISORS LLC 31,007 1,677,000 3.47%
8 SUSQUEHANNA INTERNATIONAL GROUP, LLP 27,263 1,474,000 3.05%
9 VSR Financial Services, Inc. 26,921 1,456,000 3.02%
10 LADENBURG THALMANN FINANCIAL SERVICES INC. 25,312 1,369,000 2.84%
11 WELLS FARGO & COMPANY/MN 23,052 1,247,000 2.58%
12 MARINER INDEPENDENT ADVISOR NETWORK, LLC 19,540 1,056,000 2.19%
13 First Allied Advisory Services, Inc. 17,916 957,000 1.98%
14 WIMMER ASSOCIATES 1, LLC 12,146 657,000 1.36%
15 NORTHERN TRUST CORP 11,585 627,000 1.30%
16 PACIFIC FINANCIAL GROUP INC 10,866 588,000 1.22%
17 Partnervest Advisory Services LLC 8,916 482,000 1.00%
18 AMERICAN INTERNATIONAL GROUP, INC. 8,287 448,000 0.93%
19 WESTPORT RESOURCES MANAGEMENT INC 7,699 416,000 0.86%
20 ROYAL BANK OF CANADA 7,659 414,000 0.86%
21 BECK CAPITAL MANAGEMENT, LLC 6,739 364,000 0.75%
22 Miller Investment Management, LP 5,650 306,000 0.63%
23 Investors Capital Advisory Services 5,500 297,000 0.62%
24 HighTower Advisors, LLC 5,370 290,000 0.60%
25 Cambridge Investment Research Advisors, Inc. 4,845 262,000 0.54%
26 IRON Financial LLC 4,644 251,000 0.52%
27 CITIGROUP INC 4,167 225,000 0.47%
28 OPPENHEIMER & CO INC 3,869 209,000 0.43%
29 CWM, LLC 3,632 196,000 0.41%
30 ENVESTNET ASSET MANAGEMENT INC 1,330 72,000 0.15%
31 FIRST MANHATTAN CO. LLC. 1,204 65,000 0.13%
32 IFP ADVISORS, INC 1,077 58,000 0.12%
33 REILLY FINANCIAL ADVISORS, LLC 925 50,000 0.10%
34 Creative Planning 431 23,000 0.05%
35 People's United Financial, Inc. 350 19,000 0.04%
36 ASSET DEDICATION, LLC 270 15,000 0.03%
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.