Vault-13

ADVISORSHARES TR MSOS

PURE US CANNABIS · ETP · CUSIP 00768Y453

167 institutional holders -7 vs Q1 2023
26,655,13026.7m shares reported held*
$148.7mreported value*
21 new 47 added 36 reduced 29 sold out net bought ≈ $19.0m (+3.5m 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 ≈ $5.58. Options: 18 managers hold calls ($35.7m notional), 9 hold puts ($19.8m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 166Q4 22: 175Q1 23: 174Q2 23: 167167Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022166
Q4 2022175
Q1 2023174
Q2 2023167

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 77 bought or addedQ4 22: 81 cut or sold outQ4 22Q1 23: 60 bought or addedQ1 23: 82 cut or sold outQ1 23Q2 23: 68 bought or addedQ2 23: 65 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20227781
Q1 20236082
Q2 20236865

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20m$40m$60m$80mQ3 22 calls: $62.7mQ3 22 puts: $25.0mQ3 22P/C 0.40Q4 22 calls: $71.6mQ4 22 puts: $27.0mQ4 22P/C 0.38Q1 23 calls: $29.2mQ1 23 puts: $8.6mQ1 23P/C 0.29Q2 23 calls: $35.7mQ2 23 puts: $19.8mQ2 23P/C 0.55
Numbers
QuarterCallsPutsP/C
Q3 2022$62.7m$25.0m0.40
Q4 2022$71.6m$27.0m0.38
Q1 2023$29.2m$8.6m0.29
Q2 2023$35.7m$19.8m0.55

Biggest buyers

JANE STREET GROUP, LLC Added +1,225,256+1.2m
COWEN AND COMPANY, LLC Added +998,000+998.0k
EMINENCE CAPITAL, LP Added +807,882+807.9k
J. Goldman & Co LP New +709,925+709.9k
CITIGROUP INC Added +694,406+694.4k
ROYAL BANK OF CANADA Added +353,043+353.0k
AdvisorShares Investments LLC Added +350,000+350.0k
JW Asset Management, LLC New +300,000+300.0k
Cresset Asset Management, LLC New +299,800+299.8k
LifePro Asset Management Added +267,659+267.7k

Biggest sellers

Phoenix Financial Ltd. Sold out -936,611-936.6k
Anson Funds Management LP Reduced -665,165-665.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -508,532-508.5k
NATIONAL BANK OF CANADA /FI/ Reduced -506,991-507.0k
SIMPLEX TRADING, LLC Reduced -226,190-226.2k
HRT FINANCIAL LP Sold out -165,976-166.0k
OLD MISSION CAPITAL LLC Sold out -131,790-131.8k
Pekin Hardy Strauss, Inc. Reduced -95,185-95.2k
Parallax Volatility Advisers, L.P. Reduced -94,286-94.3k
TEGEAN CAPITAL MANAGEMENT, LLC Sold out -90,000-90.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $8.4m1.5m shares
CITIGROUP INC New $5.9m1.1m shares
J. Goldman & Co LP Reduced $4.5m806.5k shares
CITADEL ADVISORS LLC Reduced $4.1m732.2k shares
Centiva Capital, LP New $3.4m608.5k shares
Point72 Asset Management, L.P. New $2.8m500.0k shares
BOOTHBAY FUND MANAGEMENT, LLC New $2.6m466.5k shares
WOLVERINE TRADING, LLC Reduced $2.5m453.3k shares
ROYAL BANK OF CANADA New $683.0k123.2k shares
Shay Capital LLC New $465.4k84.0k shares

Biggest puts

CITIGROUP INC New $8.4m1.5m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $4.7m843.5k shares
CITADEL ADVISORS LLC Added $3.4m619.5k shares
WOLVERINE TRADING, LLC Added $1.5m275.5k shares
HAP Trading, LLC Reduced $785.1k197.5k shares
ROYAL BANK OF CANADA New $631.0k113.9k shares
Walleye Trading LLC Added $174.5k31.5k shares
Shay Capital LLC New $138.5k25.0k shares
HighTower Advisors, LLC New $78670 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 EMINENCE CAPITAL, LP 0.54% of their portfolio NEW YORK, NY 5,391,4625.4m $29.9m $29.9m 0.54% Added +807.9k +807,882
2 AdvisorShares Investments LLC 5.50% of their portfolio BETHESDA, MD 3,467,7083.5m $19.2m $19.2m 5.50% Added +350.0k +350,000
3 COWEN AND COMPANY, LLC 1.18% of their portfolio NEW YORK, NY 2,566,2802.6m $14.2m $14.2m 1.18% Added +998.0k +998,000
4 Anson Funds Management LP 2.88% of their portfolio DALLAS, TX 2,062,3112.1m $11.4m $11.4m 2.88% Reduced -665.2k -665,165
5 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 1,830,0201.8m $10.1m $10.1m 0.01% Added +1.2m +1,225,256
6 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 794,242794.2k $4.4m $4.4m 0.01% Added +694.4k +694,406
7 J. Goldman & Co LP 0.22% of their portfolio NEW YORK, NY 709,925709.9k $3.9m $3.9m 0.22% New
8 LifePro Asset Management 2.25% of their portfolio San Diego, CA 525,597525.6k $2.9m $2.9m 2.25% Added +267.7k +267,659
9 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 462,219462.2k $2.8m $2.8m 0.01% Added +164.0k +164,020
10 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 424,203424.2k $2.4m $2.4m 0.00% Reduced -508.5k -508,532
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 374,427374.4k $2.1m $2.1m 0.00% Reduced -26.9k -26,850
12 Monaco Asset Management SAM 1.09% of their portfolio Monaco, O9 365,000365.0k $2.0m $2.0m 1.09% Added +110.0k +110,000
13 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 362,507362.5k $2.0m $2.0m 0.00% Reduced -89.8k -89,772
14 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 361,208361.2k $2.0m $2.0m 0.00% Added +353.0k +353,043
15 Rovida Advisors Inc. 0.76% of their portfolio Fort Lauderdale, FL 316,147316.1k $1.8m $1.8m 0.76% Unchanged
16 JW Asset Management, LLC 0.60% of their portfolio MIAMI BEACH, FL 300,000300.0k $1.7m $1.7m 0.60% New
17 Cresset Asset Management, LLC 0.01% of their portfolio Chicago, IL 299,800299.8k $1.7m $1.7m 0.01% New
18 Lighthouse Investment Partners, LLC 0.12% of their portfolio Palm Beach Gardens, FL 276,703276.7k $1.5m $1.5m 0.12% Added +84.2k +84,213
19 Sowell Financial Services LLC 0.08% of their portfolio NORTH LITTLE ROCK, AR 263,350263.4k $1.5m $1.5m 0.08% Reduced -1.9k -1,890
20 SCOGGIN MANAGEMENT LP 2.48% of their portfolio NEW YORK, NY 250,000250.0k $1.4m $1.4m 2.48% Unchanged
21 CSS LLC/IL 0.09% of their portfolio CHICAGO, IL 213,055213.1k $1.2m $1.2m 0.09% Reduced -84.1k -84,065
22 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 203,897203.9k $1.1m $1.1m 0.00% Added +24.3k +24,277
23 WOLVERINE TRADING, LLC 0.01% of their portfolio CHICAGO, IL 195,741195.7k $1.1m $1.1m 0.01% Added +145.1k +145,142
24 GTS SECURITIES LLC 0.03% of their portfolio NEW YORK, NY 176,867176.9k $979.8k $979.8k 0.03% First filing
25 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 171,110171.1k $948.0k $948.0k 0.00% Reduced -25.0k -24,970
26 IMC-Chicago, LLC 0.03% of their portfolio CHICAGO, IL 165,122165.1k $914.8k $914.8k 0.03% Reduced -56.3k -56,293
27 Biltmore Family Office, LLC 0.18% of their portfolio CHARLOTTE, NC 152,966153.0k $847.4k $847.4k 0.18% Added +6.1k +6,139
28 RAFFLES ASSOCIATES LP 1.12% of their portfolio NEW YORK, NY 150,000150.0k $831.0k $831.0k 1.12% Added +50.0k +50,000
29 Pekin Hardy Strauss, Inc. 0.13% of their portfolio CHICAGO, IL 148,197148.2k $821.0k $821.0k 0.13% Reduced -95.2k -95,185
30 K.J. Harrison & Partners Inc 0.14% of their portfolio TORONTO, A6 141,342141.3k $780.2k $780.2k 0.14% Added +3.9k +3,850
31 OPPENHEIMER & CO INC 0.02% of their portfolio NEW YORK, NY 135,341135.3k $749.8k $749.8k 0.02% Reduced -7.6k -7,596
32 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 127,762127.8k $708.0k $708.0k 0.00% New
33 Shay Capital LLC 0.25% of their portfolio NEW YORK, NY 127,750127.8k $707.7k $707.7k 0.25% New
34 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 123,881123.9k $686.3k $686.3k 0.00% New
35 HAP Trading, LLC 0.19% of their portfolio NEW YORK, NY 123,464123.5k $684.0k $684.0k 0.19% New
36 MYDA Advisors LLC 0.25% of their portfolio WOODMERE, NY 120,000120.0k $664.8k $664.8k 0.25% Added +20.0k +20,000
37 SIMPLEX TRADING, LLC 0.03% of their portfolio CHICAGO, IL 115,823115.8k $641.0k $641.0k 0.03% Reduced -226.2k -226,190
38 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 114,842114.8k $636.2k $636.2k 0.00% First filing
39 Geneos Wealth Management Inc. 0.03% of their portfolio ENGLEWOOD, CO 111,569111.6k $618.1k $618.1k 0.03% Added +100 +100
40 Marathon Partners Equity Management, LLC 0.75% of their portfolio New York, NY 107,500107.5k $595.5k $595.5k 0.75% Added +87.5k +87,500
41 Zuckerman Investment Group, LLC 0.08% of their portfolio CHICAGO, IL 97,10597.1k $538.0k $538.0k 0.08% Added +13.7k +13,710
42 MBB PUBLIC MARKETS I LLC 0.03% of their portfolio CHICAGO, IL 94,60294.6k $524.1k $524.1k 0.03% Unchanged
43 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 92,23192.2k $511.0k $511.0k 0.01% Added +27.1k +27,066
44 PEAK6 Investments LLC 0.04% of their portfolio CHICAGO, IL 84,92784.9k $470.5k $470.5k 0.04% Reduced -7.4k -7,352
45 Parallax Volatility Advisers, L.P. 0.02% of their portfolio San Francisco, CA 84,60684.6k $468.7k $468.7k 0.02% Reduced -94.3k -94,286
46 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 84,07384.1k $465.8k $465.8k 0.00% Added +6.6k +6,581
47 EWA, LLC 0.31% of their portfolio PITTSBURGH, PA 81,03981.0k $449.0k $449.0k 0.31% Unchanged
48 Proficio Capital Partners LLC 0.06% of their portfolio NEWTON, MA 78,70578.7k $436.0k $436.0k 0.06% Reduced -3.5k -3,525
49 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 77,00077.0k $426.6k $426.6k 0.00% Added +62.6k +62,611
50 EQUITABLE TRUST CO 0.03% of their portfolio NASHVILLE, TN 72,99273.0k $404.4k $404.4k 0.03% Reduced -14.0k -14,025
51 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 71,08271.1k $397.5k $397.5k 0.00% Reduced -12.3k -12,332
52 ArchPoint Investors 0.14% of their portfolio CORAL GABLES, FL 64,20064.2k $355.7k $355.7k 0.14% Unchanged
53 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 57,60657.6k $318.0k $318.0k 0.00% Reduced -6.9k -6,870
54 Navis Wealth Advisors, LLC 0.27% of their portfolio RYE BROOK, NY 52,45252.5k $290.6k $290.6k 0.27% Added +3.3k +3,291
55 Concorde Asset Management, LLC 0.26% of their portfolio ANN ARBOR, MI 50,92250.9k $282.1k $282.1k 0.26% Unchanged
56 Cravens & Co Advisors, LLC 0.26% of their portfolio COOKEVILLE, TN 50,88850.9k $281.9k $281.9k 0.26% Added +19.9k +19,930
57 FNY Investment Advisers, LLC 0.34% of their portfolio NEW YORK, NY 47,84247.8k $265.0k $265.0k 0.34% Added +39.7k +39,742
58 Waverly Advisors, LLC 0.01% of their portfolio BIRMINGHAM, AL 47,20247.2k $261.5k $261.5k 0.01% Added +5.5k +5,483
59 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 45,25545.3k $251.0k $251.0k 0.00% Reduced -9.2k -9,162
60 BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio NEW YORK, NY 45,00045.0k $249.3k $249.3k 0.01% Unchanged
61 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 42,50042.5k $235.4k $235.4k 0.00% Added +20.0k +20,000
62 Dynamic Advisor Solutions LLC 0.01% of their portfolio PHOENIX, AZ 41,39841.4k $229.3k $229.3k 0.01% Reduced -1.7k -1,665
63 Apexium Financial, LP 0.02% of their portfolio Dallas, TX 39,90039.9k $221.0k $221.0k 0.02% Reduced -6.3k -6,349
64 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 38,82038.8k $218.9k $218.9k 0.00% Added +11.5k +11,529
65 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 38,29938.3k $212.2k $212.2k 0.00% Added +4.6k +4,635
66 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 35,64435.6k $197.5k $197.5k 0.00% Added +5.1k +5,104
67 LJI Wealth Management, LLC 0.05% of their portfolio INDIANAPOLIS, IN 31,92031.9k $176.8k $176.8k 0.05% Reduced -6.0k -6,013
68 Hedges Asset Management LLC 0.15% of their portfolio RENO, NV 31,50031.5k $174.5k $174.5k 0.15% Unchanged
69 Focus Financial Network, Inc. 0.01% of their portfolio MINNEAPOLIS, MN 29,93529.9k $165.8k $165.8k 0.01% Reduced -4.2k -4,209
70 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 29,80029.8k $165.1k $165.1k 0.00% Added +1.5k +1,500
71 Venture Visionary Partners LLC 0.01% of their portfolio Sylvania, OH 29,38429.4k $162.8k $162.8k 0.01% Added +1.4k +1,443
72 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 29,01029.0k $161.0k $161.0k 0.00% Added +18.5k +18,496
73 Mariner, LLC 0.00% of their portfolio Overland Park, KS 28,91328.9k $160.2k $160.2k 0.00% Added +150 +150
74 Diametric Capital, LP 0.07% of their portfolio BOSTON, MA 27,40227.4k $151.8k $151.8k 0.07% New
75 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 25,00025.0k $138.5k $138.5k 0.00% Unchanged
76 PCG Wealth Advisors, LLC 0.08% of their portfolio OVERLAND PARK, KS 24,46524.5k $135.5k $135.5k 0.08% Unchanged
77 Walleye Trading LLC 0.01% of their portfolio NEW YORK, NY 24,33324.3k $134.8k $134.8k 0.01% Added +21.5k +21,508
78 Powell Investment Advisors, LLC 0.08% of their portfolio MIAMI, FL 24,08524.1k $133.4k $133.4k 0.08% Added +1.4k +1,400
79 Sender Co & Partners, Inc. 1.93% of their portfolio NEW YORK, NY 21,89221.9k $121.3k $121.3k 1.93% Added +11.9k +11,892
80 Summit Trail Advisors, LLC 0.00% of their portfolio NEW YORK, NY 20,75020.8k $115.0k $115.0k 0.00% New
81 Gerber Kawasaki Wealth & Investment Management 0.01% of their portfolio SANTA MONICA, CA 20,67220.7k $114.5k $114.5k 0.01% Reduced -6.5k -6,535
82 Cedar Wealth Management, LLC 0.04% of their portfolio LA JOLLA, CA 19,30519.3k $107.0k $107.0k 0.04% Added +1.4k +1,449
83 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 18,98419.0k $105.2k $105.2k 0.01% Reduced -5.8k -5,808
84 INTREPID CAPITAL MANAGEMENT INC 0.03% of their portfolio JACKSONVILLE BEACH, FL 16,00016.0k $88.6k $88.6k 0.03% New
85 Cedar Brook Financial Partners, LLC 0.02% of their portfolio CLEVELAND, OH 15,91015.9k $88.1k $88.1k 0.02% Added +1.1k +1,089
86 Sigma Planning Corp 0.00% of their portfolio ANN ARBOR, MI 14,45614.5k $80.1k $80.1k 0.00% Unchanged
87 Integrated Investment Consultants, LLC 0.02% of their portfolio BLOOMFIELD HILLS, MI 13,88813.9k $76.9k $76.9k 0.02% Unchanged
88 Castleview Partners, LLC 0.07% of their portfolio DALLAS, TX 13,79613.8k $76.4k $76.4k 0.07% Added +13.6k +13,596
89 Rothschild Wealth LLC 0.02% of their portfolio OAK BROOK, IL 12,37212.4k $68.5k $68.5k 0.02% New
90 NewEdge Wealth, LLC 0.00% of their portfolio STAMFORD, CT 12,28212.3k $68.0k $68.0k 0.00% New
91 Realta Investment Advisors 0.01% of their portfolio WILMINGTON, DE 11,82511.8k $65.5k $65.5k 0.01% Reduced -300 -300
92 Ameritas Advisory Services, LLC 0.01% of their portfolio Lincoln, NE 11,79611.8k $73.7k $73.7k 0.01% Reduced -3.2k -3,244
93 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 11,41111.4k $63.0k $63.0k 0.00% Reduced -880 -880
94 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 11,15611.2k $62.0k $62.0k 0.00% New
95 Grey Street Capital, LLC 0.03% of their portfolio CHICAGO, IL 11,05011.1k $61.2k $61.2k 0.03% New
96 Freestone Capital Holdings, LLC 0.00% of their portfolio Seattle, WA 10,38310.4k $57.5k $57.5k 0.00% Unchanged
97 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 10,02810.0k $55.6k $55.6k 0.00% New
98 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 8,7198.7k $48.3k $48.3k 0.00% Reduced -615 -615
99 Ulland Investment Advisors, LLC 0.04% of their portfolio MINNEAPOLIS, MN 7,0007.0k $39.0k $39.0k 0.04% Reduced -13.2k -13,175
100 Wealth Advisors of Iowa, LLC 0.61% of their portfolio WEST DES MOINES, IA 6,9396.9k $839.4k $839.4k 0.61% Reduced -7.1k -7,081