ADVISORSHARES TR

Ticker: CWS CUSIP: 00768Y560 Class: ETF

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
CIBC WORLD MARKET INC.127,503$8,763
OSAIC HOLDINGS, INC.107,020$7,356
LPL Financial LLC101,683$6,989
Kestra Advisory Services, LLC96,464$6,630
STIFEL FINANCIAL CORP91,729$6,304
Cetera Investment Advisers66,128$4,545
RAYMOND JAMES FINANCIAL INC64,399$4,426
Cambridge Investment Research Advisors, Inc.60,144$4
Mason & Associates Inc45,376$3,119
Stone Wealth Partners33,881$2,329
Trademark Financial Management, LLC29,783$2,047
United Advisor Group, LLC19,988$1,374
GC Wealth Management RIA, LLC19,675$1,352
Sigma Planning Corp18,976$1,313
TrueWealth Advisors, LLC14,795$1,017
Kingsman Wealth Management, Inc.12,192$838
Patriot Financial Group Insurance Agency, LLC11,993$824
ENVESTNET ASSET MANAGEMENT INC11,962$822
Thrivent Financial for Lutherans11,604$1
Integrated Advisors Network LLC11,010$757
Cerity Partners LLC10,200$701
D.A. DAVIDSON & CO.9,800$674
Merit Financial Group, LLC8,818$606
Millstone Evans Group, LLC8,226$565
MML INVESTORS SERVICES, LLC8,216$565
Perennial Investment Advisors, LLC7,965$547
Nova Wealth Management, Inc.7,754$533
Beacon Pointe Advisors, LLC7,146$491
SPRENG CAPITAL MANAGEMENT, INC.6,703$461
Cornerstone Wealth Management, LLC6,303$433
SUSQUEHANNA INTERNATIONAL GROUP, LLP5,604$385
AE Wealth Management LLC5,401$371
Snowden Capital Advisors LLC5,110$351
IRON Financial LLC4,000$275
Kovack Advisors, Inc.3,722$256
Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors3,717$255
CAPTRUST FINANCIAL ADVISORS3,648$251
Compass Ion Advisors, LLC3,478$239
COMMONWEALTH EQUITY SERVICES, LLC3,100$213
UBS Group AG2,221$153
NBC SECURITIES, INC.1,711$118
Federation des caisses Desjardins du Quebec1,369$94
Aviso Financial Inc.639$44
Golden State Wealth Management, LLC531$37
NewEdge Advisors, LLC500$34
COMERICA BANK487$33
US BANCORP \DE\400$27
SHP Wealth Management348$24
Comprehensive Financial Planning, Inc./PA330$23
ASSETMARK, INC280$19
MORGAN STANLEY42$3
Parallel Advisors, LLC5$0
WELLS FARGO & COMPANY/MN1$0
Total (53 institutions)1,084,080$69,591