ADVISORSHARES TR HDGE
RANGER EQUITY BE · ETP · CUSIP 00768Y412
34
institutional holders
+5 vs Q2 2023
2.4m
shares reported held*
$56.5mreported value*
11 new
8 added
9 reduced
6 sold out
net sold ≈ $10.4m (-445.0k shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $23.42. Options: 1 managers hold calls ($4.0k notional), 1 hold puts ($0).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 35 |
| Q4 2022 | 34 |
| Q1 2023 | 34 |
| Q2 2023 | 29 |
| Q3 2023 | 34 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 13 | 21 |
| Q1 2023 | 13 | 20 |
| Q2 2023 | 11 | 18 |
| Q3 2023 | 19 | 15 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $654.0k | $618.1k | 0.95 |
| Q1 2023 | $1.2m | $193.3k | 0.16 |
| Q2 2023 | $275.8k | $213.5k | 0.77 |
| Q3 2023 | $4.0k | $0 | 0.00 |
Biggest buyers
| INDEPENDENT FINANCIAL GROUP, LLC | New | +89.5k |
| Janney Montgomery Scott LLC | Added | +74.4k |
| RAYMOND JAMES & ASSOCIATES | Added | +67.6k |
| WCG Wealth Advisors LLC | New | +66.0k |
| LPL Financial LLC | Added | +37.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | +16.8k |
| UBS Group AG | Added | +13.9k |
| Walleye Capital LLC | New | +10.8k |
| Stratos Wealth Partners, LTD. | New | +9.2k |
| MML INVESTORS SERVICES, LLC | Added | +2.4k |
Biggest sellers
| MORGAN STANLEY | Reduced | -432.9k |
| OSAIC HOLDINGS, INC. | Reduced | -121.7k |
| NewEdge Advisors, LLC | Reduced | -75.3k |
| V Wealth Advisors LLC | Sold out | -66.4k |
| MARSHALL WACE, LLP | Sold out | -30.8k |
| ROYAL BANK OF CANADA | Reduced | -28.9k |
| Raymond James Financial Services Advisors, Inc. | Reduced | -25.2k |
| TRUIST FINANCIAL CORP | Sold out | -10.8k |
| KINGSWOOD WEALTH ADVISORS, LLC | Sold out | -10.3k |
| Perigon Wealth Management, LLC | Sold out | -10.0k |
Biggest calls
| Cutler Group LLC / CA | Reduced | $4.0k2.0k shares |
Biggest puts
| Cutler Group LLC / CA | Added | $01.1k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 1.0m $23.7m | Reduced -432.9k |
| Janney Montgomery Scott LLC 0.02% of their portfolio | 195.0k $4.6m | Added +74.4k |
| LPL Financial LLC 0.00% of their portfolio | 184.3k $4.3m | Added +37.6k |
| UBS Group AG 0.00% of their portfolio | 124.7k $2.9m | Added +13.9k |
| CIBC WORLD MARKET INC. 0.01% of their portfolio | 119.3k $2.8m | Reduced -800 |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 101.6k $2.4m | Reduced -25.2k |
| HighTower Advisors, LLC 0.00% of their portfolio | 94.2k $2.2m | Reduced -7.3k |
| INDEPENDENT FINANCIAL GROUP, LLC 0.14% of their portfolio | 89.5k $2.1m | New |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 83.5k $2.0m | Added +67.6k |
| WEALTHSOURCE PARTNERS, LLC 0.12% of their portfolio | 75.4k $1.8m | Added +424 |
| WCG Wealth Advisors LLC 0.11% of their portfolio | 66.0k $1.5m | New |
| Vanguard Capital Wealth Advisors 1.06% of their portfolio | 49.0k $1.1m | Reduced -6.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 43.2k $1.0m | Reduced -28.9k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 34.3k $804.0k | Reduced -933 |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 23.7k $559.4k | Added +231 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 22.8k $534.3k | Reduced -121.7k |
| MML INVESTORS SERVICES, LLC 0.00% of their portfolio | 21.8k $511.0k | Added +2.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 16.8k $394.4k | New |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 14.9k $331.7k | Unchanged |
| BROWN ADVISORY INC 0.00% of their portfolio | 14.5k $339.7k | Unchanged |
| Walleye Capital LLC 0.00% of their portfolio | 10.8k $252.9k | New |
| Stratos Wealth Partners, LTD. 0.00% of their portfolio | 9.2k $215.6k | New |
| COMERICA BANK 0.00% of their portfolio | 1.6k $37.5k | New |
| OPTIMUM INVESTMENT ADVISORS 0.01% of their portfolio | 800 $18.7k | Unchanged |
| Global Retirement Partners, LLC 0.00% of their portfolio | 575 $13.9k | New |
| Cutler Group LLC / CA 0.00% of their portfolio | 500 $11.0k | New |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 485 $11.4k | Unchanged |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 400 $9.4k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 379 $8.9k | New |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 345 $8.0k | New |
| Headlands Technologies LLC 0.00% of their portfolio | 96 $2.2k | New |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 12 $281 | Added +3 |
| NewEdge Advisors, LLC 0.00% of their portfolio | 5 $117 | Reduced -75.3k |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |