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PowerShares ETF Dynamic B
PowerShares ETF Dynamic B. Institutional holdings reported to the SEC.

Institutional Holders (2015Q1)
Portfolio Summary: 9 Institutional holders with a total value of $22,817,000.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 Guild Investment Management, Inc. 267,210 13,176,000 57.75%
2 EXCELSIA, INC. 110,789 5,463,000 23.94%
3 Ancora Advisors LLC 0 1,468,000 6.43%
4 JAMES INVESTMENT RESEARCH, INC. 17,285 852,000 3.73%
5 BURNHAM ASSET MANAGEMENT CORP /NY/ 13,400 661,000 2.90%
6 ROTHSCHILD INVESTMENT LLC /IL 9,678 477,000 2.09%
7 BECK MACK & OLIVER LLC 5,483 270,000 1.18%
8 KCM INVESTMENT ADVISORS LLC 5,001 247,000 1.08%
9 1834 INVESTMENT ADVISORS CO 4,119 203,000 0.89%

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.