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

Institutional Holders (2016Q3)
Portfolio Summary: 28 Institutional holders with a total value of $18,852,000.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 MORGAN STANLEY 59,198 3,450,000 18.30%
2 ROYAL BANK OF CANADA 30,855 1,798,000 9.54%
3 MSI Financial Services Inc 28,695 1,672,000 8.87%
4 UBS Group AG 26,283 1,532,000 8.13%
5 SUSQUEHANNA INTERNATIONAL GROUP, LLP 22,037 1,284,000 6.81%
6 HighTower Advisors, LLC 20,950 1,225,000 6.50%
7 LADENBURG THALMANN FINANCIAL SERVICES INC. 19,321 1,125,000 5.97%
8 Ancora Advisors LLC 19,238 1,121,000 5.95%
9 LPL Financial LLC 19,223 1,116,000 5.92%
10 CITADEL ADVISORS LLC 15,940 929,000 4.93%
11 WELLS FARGO & COMPANY/MN 11,370 663,000 3.52%
12 STIFEL FINANCIAL CORP 8,202 479,000 2.54%
13 Partnervest Advisory Services LLC 7,931 462,000 2.45%
14 SII INVESTMENTS INC/WI 6,990 408,000 2.16%
15 Commonwealth Equity Services, Inc 6,531 381,000 2.02%
16 Miller Investment Management, LP 6,355 370,000 1.96%
17 JANE STREET GROUP, LLC 5,023 293,000 1.55%
18 CITIGROUP INC 4,191 244,000 1.29%
19 ADVISOR GROUP, INC. 2,526 147,000 0.78%
20 IFP ADVISORS, INC 1,400 82,000 0.43%
21 People's United Financial, Inc. 350 20,000 0.11%
22 Tower Research Capital LLC (TRC) 229 13,000 0.07%
23 Creative Planning 231 13,000 0.07%
24 NEXT Financial Group, Inc 175 10,000 0.05%
25 FIRST MANHATTAN CO. LLC. 169 9,000 0.05%
26 GENEOS WEALTH MANAGEMENT INC. 100 5,000 0.03%
27 Advisory Services Network, LLC 10 1,000 0.01%
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.