CWS · AdvisorShares Focused Equity ETF ETF

$71.46 -0.57 (-0.79%) At close · Sep 4

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP →

Quarter:

Holders: 56

Total Value: $64,875,929

Total Shares: 1,001,759

Institutional Ownership Trend

25 quarters

Holder Concentration

Across 56 13F filers · Δ vs Dec 31, 2025

Top Holder

12.9%

+1.2 pts

Top 5

49.1%

+0.7 pts

Top 10

73.8%

+0.5 pts

HHI

662

Broadly held+25

Quarterly Activity

vs Dec 31, 2025

New

Increased

Decreased

Sold Out

Unchanged

Holder count: +2

Institutional value: -12.9%

Shares held: -7.6%

Top Buyers

vs Dec 31, 2025

Institution	Added	Now Holds
Large Cambridge Investment Research Advisors, Inc.	+25,490	85,634
Small Patriot Financial Group Insurance Agency, LLC	+11,993	23,986
Mid Sigma Planning Corp	+10,484	29,460
Small Mason & Associates Inc	+2,999	48,375
Small TrueWealth Advisors, LLC	+2,442	17,237

Top Sellers

vs Dec 31, 2025

Institution	Sold	Now Holds
Mega RAYMOND JAMES FINANCIAL INC	−52,013	12,386
Mega LPL Financial LLC	−33,797	67,886
Large OSAIC HOLDINGS, INC.	−21,071	85,949
Small United Advisor Group, LLC	−11,461	8,527
Mega ENVESTNET ASSET MANAGEMENT INC	−5,518	6,444

Top New Positions

vs Dec 31, 2025

Institution	Acquired	Value (USD)
Mega GOLDMAN SACHS GROUP INC	26,731	$1,731,153
Mega CITADEL ADVISORS LLC	6,494	$420,564
Small Icon Wealth Advisors, LLC	5,112	$331,063
Large IEQ CAPITAL, LLC	4,000	$259,048
Mega AQR CAPITAL MANAGEMENT LLC	4,000	$259,048

Top Sold-Out Positions

vs Dec 31, 2025

Institution	Previously Held	Last Value (USD)
Micro Trademark Financial Management, LLC	29,783	$2,046,955
Large MML INVESTORS SERVICES, LLC	8,216	$564,677
Small Compass Ion Advisors, LLC	3,478	$239,039
Large COMMONWEALTH EQUITY SERVICES, LLC	3,100	$213,059
Large NewEdge Advisors, LLC	500	$34,364

Filter: New 9 Increased 11 Reduced 24 Sold out 7 Unchanged 12

Showing 56 of 56

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

CIBC WORLD MARKET INC. CWS

$8,386,419

12.93%

129,496

Kestra Advisory Services, LLC CWS

$6,355,354

9.80%

98,134

STIFEL FINANCIAL CORP CWS

$5,997,673

9.24%

92,611

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STIFEL NICOLAUS & CO INC \MO\	92,611	$5,997,673	100.0%	Defined

OSAIC HOLDINGS, INC. CWS

$5,566,229

8.58%

85,949

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	85,941	$5,565,711	100.0%	Defined
Osaic Advisory Services, LLC	8	$518	0.0%	Defined

Cambridge Investment Research Advisors, Inc. CWS

$5,545,829

8.55%

85,634

Cetera Investment Advisers CWS

$4,428,943

6.83%

68,388

LPL Financial LLC CWS

$4,396,433

6.78%

67,886

Mason & Associates Inc CWS

$3,132,861

4.83%

48,375

Stone Wealth Partners CWS

$2,139,995

3.30%

33,044

Sigma Planning Corp CWS

$1,907,888

2.94%

29,460

GOLDMAN SACHS GROUP INC CWS

$1,731,153

2.67%

26,731

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	26,731	$1,731,153	100.0%	Defined

Patriot Financial Group Insurance Agency, LLC CWS

$1,553,381

2.39%

23,986

GC Wealth Management RIA, LLC CWS

$1,173,422

1.81%

18,119

TrueWealth Advisors, LLC CWS

$1,116,302

1.72%

17,237

RAYMOND JAMES FINANCIAL INC CWS

$802,142

1.24%

12,386

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Raymond James Financial Services Advisors, Inc.	12,386	$802,142	100.0%	Defined

D.A. DAVIDSON & CO. CWS

$722,873

1.11%

11,162

Integrated Advisors Network LLC CWS

$625,924

0.96%

9,665

Thrivent Financial for Lutherans CWS

$603,840

0.93%

9,324

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Thrivent Advisor Network, LLC	9,324	$603,840	100.0%	Sole

Kingsman Wealth Management, Inc. CWS

$591,859

0.91%

9,139

United Advisor Group, LLC CWS

$552,225

0.85%

8,527

Millstone Evans Group, LLC CWS

$523,471

0.81%

8,083

Perennial Investment Advisors, LLC CWS

$507,345

0.78%

7,834

Beacon Pointe Advisors, LLC CWS

$477,360

0.74%

7,371

Cerity Partners LLC CWS

$460,975

0.71%

7,118

Nova Wealth Management, Inc. CWS

$445,627

0.69%

6,881

SPRENG CAPITAL MANAGEMENT, INC. CWS

$433,970

0.67%

6,701

CITADEL ADVISORS LLC CWS

$420,564

0.65%

6,494

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	6,494	$420,564	100.0%	Defined

ENVESTNET ASSET MANAGEMENT INC CWS

$417,326

0.64%

6,444

Cornerstone Wealth Management, LLC CWS

$402,172

0.62%

6,210

AE Wealth Management LLC CWS

$338,640

0.52%

5,229

Icon Wealth Advisors, LLC CWS

$331,063

0.51%

5,112

Snowden Capital Advisors LLC CWS

$330,933

0.51%

5,110

IRON Financial LLC CWS

$259,048

0.40%

4,000

IEQ CAPITAL, LLC CWS

$259,048

0.40%

4,000

AQR CAPITAL MANAGEMENT LLC CWS

$259,048

0.40%

4,000

Merit Financial Group, LLC CWS

$248,232

0.38%

3,833

CAPTRUST FINANCIAL ADVISORS CWS

$236,251

0.36%

3,648

Kovack Advisors, Inc. CWS

$222,910

0.34%

3,442

SUSQUEHANNA INTERNATIONAL GROUP, LLP CWS

$217,794

0.34%

3,363

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
G1 EXECUTION SERVICES, LLC	3,363	$217,794	100.0%	Other

Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors CWS

$205,943

0.32%

3,180

NBC SECURITIES, INC. CWS

$101,093

0.16%

1,561

UBS Group AG CWS

$95,200

0.15%

1,470

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Securities LLC	1,470	$95,200	100.0%	Defined

Federation des caisses Desjardins du Quebec CWS

$88,659

0.14%

1,369

Holos Integrated Wealth LLC CWS

$64,762

0.10%

1,000

ROYAL BANK OF CANADA CWS

$51,615

0.08%

797

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC Phillips, Hager & North Investment Counsel Inc.	797	$51,615	100.0%	Defined

Golden State Wealth Management, LLC CWS

$34,388

0.05%

531

US BANCORP \DE\ CWS

$25,904

0.04%

400

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
US BANK NATIONAL ASSOCIATION	400	$25,904	100.0%	Defined

SHP Wealth Management CWS

$22,537

0.03%

348

Comprehensive Financial Planning, Inc./PA CWS

$21,371

0.03%

330

ASSETMARK, INC CWS

$18,133

0.03%

280

Larson Financial Group LLC CWS

$10,815

0.02%

167

Aviso Financial Inc. CWS

$9,001

0.01%

139

MORGAN STANLEY CWS

$2,719

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY SMITH BARNEY LLC	42	$2,719	100.0%	Defined

VANGUARD ADVISERS INC CWS

$1,165

0.00%

WELLS FARGO & COMPANY/MN CWS

$64

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO CLEARING SERVICES, LLC	1	$64	100.0%	Defined

JPMORGAN CHASE & CO CWS

$38

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
55I, LLC	0	$0	0.0%	Other