Vault-13

ADVISORSHARES TR MSOS

PURE US CANNABIS · ETP · CUSIP 00768Y453

186 institutional holders +14 vs Q4 2023
52,482,83852.5m shares reported held*
$525.3mreported value*
40 new 63 added 40 reduced 25 sold out net bought ≈ $52.5m (+5.1m 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 ≈ $10.01. Options: 28 managers hold calls ($123.5m notional), 13 hold puts ($123.7m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 166Q4 22: 175Q1 23: 174Q2 23: 167Q3 23: 162Q4 23: 172Q1 24: 186186Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022166
Q4 2022175
Q1 2023174
Q2 2023167
Q3 2023162
Q4 2023172
Q1 2024186

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 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 23Q3 23: 69 bought or addedQ3 23: 65 cut or sold outQ3 23Q4 23: 73 bought or addedQ4 23: 63 cut or sold outQ4 23Q1 24: 103 bought or addedQ1 24: 65 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20227781
Q1 20236082
Q2 20236865
Q3 20236965
Q4 20237363
Q1 202410365

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ2 23 calls: $35.7mQ2 23 puts: $19.8mQ2 23P/C 0.55Q3 23 calls: $210.1mQ3 23 puts: $59.8mQ3 23P/C 0.28Q4 23 calls: $144.4mQ4 23 puts: $64.4mQ4 23P/C 0.45Q1 24 calls: $123.5mQ1 24 puts: $123.7mQ1 24P/C 1.00
Numbers
QuarterCallsPutsP/C
Q2 2023$35.7m$19.8m0.55
Q3 2023$210.1m$59.8m0.28
Q4 2023$144.4m$64.4m0.45
Q1 2024$123.5m$123.7m1.00

Biggest buyers

JANE STREET GROUP, LLC Added +2,206,686+2.2m
CITADEL ADVISORS LLC Added +1,637,290+1.6m
MORGAN STANLEY Added +1,203,328+1.2m
ARDSLEY ADVISORY PARTNERS LP New +952,000+952.0k
BOOTHBAY FUND MANAGEMENT, LLC New +580,000+580.0k
Proficio Capital Partners LLC Added +533,370+533.4k
MILLENNIUM MANAGEMENT LLC New +515,734+515.7k
DG Capital Management, LLC New +421,775+421.8k
PURA VIDA INVESTMENTS, LLC Added +401,691+401.7k
Jaffetilchin Investment Partners, LLC New +323,563+323.6k

Biggest sellers

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -2,669,114-2.7m
Anson Funds Management LP Reduced -1,806,224-1.8m
AdvisorShares Investments LLC Reduced -700,000-700.0k
EMINENCE CAPITAL, LP Reduced -492,004-492.0k
WOLVERINE TRADING, LLC Reduced -431,835-431.8k
SCOGGIN MANAGEMENT LP Sold out -325,000-325.0k
Caption Management, LLC Reduced -310,002-310.0k
Monaco Asset Management SAM Reduced -302,500-302.5k
Walleye Capital LLC Sold out -292,366-292.4k
GTS SECURITIES LLC Reduced -228,706-228.7k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $25.8m2.6m shares
CITADEL ADVISORS LLC Added $22.6m2.3m shares
J. Goldman & Co LP Reduced $21.8m2.2m shares
CITIGROUP INC Reduced $12.1m1.2m shares
Centiva Capital, LP Added $8.2m821.1k shares
Caption Management, LLC Reduced $6.5m650.0k shares
WOLVERINE TRADING, LLC Reduced $5.4m542.2k shares
LMR Partners LLP New $3.0m300.0k shares
Parallax Volatility Advisers, L.P. Added $2.9m292.6k shares
K2 PRINCIPAL FUND, L.P. New $2.8m275.0k shares

Biggest puts

CITADEL ADVISORS LLC Added $33.1m3.3m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $31.1m3.1m shares
J. Goldman & Co LP Reduced $28.2m2.8m shares
Caption Management, LLC Added $10.4m1.0m shares
Parallax Volatility Advisers, L.P. New $6.8m681.3k shares
SCOGGIN MANAGEMENT LP New $5.5m550.0k shares
WOLVERINE TRADING, LLC Reduced $3.7m373.0k shares
CITIGROUP INC Reduced $2.6m257.5k shares
GTS SECURITIES LLC Reduced $1.0m103.3k shares
MILLENNIUM MANAGEMENT LLC New $1.0m100.0k 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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Clear Street Derivatives LLC 1.69% of their portfolio NEW YORK, NY 6,710,0006.7m $67.2m $67.2m 1.69% First filing
2 JANE STREET GROUP, LLC 0.08% of their portfolio NEW YORK, NY 6,059,3886.1m $60.7m $60.7m 0.08% Added +2.2m +2,206,686
3 EMINENCE CAPITAL, LP 1.10% of their portfolio NEW YORK, NY 6,004,0746.0m $60.1m $60.1m 1.10% Reduced -492.0k -492,004
4 Anson Funds Management LP 3.32% of their portfolio DALLAS, TX 4,638,4154.6m $46.4m $46.4m 3.32% Reduced -1.8m -1,806,224
5 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 2,666,9282.7m $26.7m $26.7m 0.03% Added +1.6m +1,637,290
6 AdvisorShares Investments LLC 3.94% of their portfolio BETHESDA, MD 2,337,8182.3m $23.4m $23.4m 3.94% Reduced -700.0k -700,000
7 Sender Co & Partners, Inc. 33.77% of their portfolio NEW YORK, NY 1,962,2222.0m $19.6m $19.6m 33.77% Added +251.2k +251,222
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,832,3041.8m $18.3m $18.3m 0.00% Added +1.2m +1,203,328
9 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio BALA CYNWYD, PA 1,746,7561.7m $17.5m $17.5m 0.03% Reduced -2.7m -2,669,114
10 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 1,041,9811.0m $10.4m $10.4m 0.01% Added +233.7k +233,748
11 ARDSLEY ADVISORY PARTNERS LP 1.36% of their portfolio Norwalk, CT 952,000952.0k $9.5m $9.5m 1.36% New
12 JW Asset Management, LLC 3.19% of their portfolio MIAMI BEACH, FL 872,283872.3k $8.7m $8.7m 3.19% Added +171.3k +171,281
13 SIMPLEX TRADING, LLC 0.20% of their portfolio CHICAGO, IL 677,002677.0k $6.8m $6.8m 0.20% Added +64.4k +64,388
14 BOOTHBAY FUND MANAGEMENT, LLC 0.16% of their portfolio NEW YORK, NY 580,000580.0k $5.8m $5.8m 0.16% New
15 PURA VIDA INVESTMENTS, LLC 3.95% of their portfolio NEW YORK, NY 580,000580.0k $5.8m $5.8m 3.95% Added +401.7k +401,691
16 Proficio Capital Partners LLC 0.63% of their portfolio NEWTON, MA 562,791562.8k $5.7m $5.7m 0.63% Added +533.4k +533,370
17 LifePro Asset Management 3.58% of their portfolio San Diego, CA 542,123542.1k $5.4m $5.4m 3.58% Added +87.9k +87,896
18 Lighthouse Investment Partners, LLC 0.31% of their portfolio Palm Beach Gardens, FL 532,067532.1k $5.3m $5.3m 0.31% Added +149.6k +149,560
19 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 515,734515.7k $5.2m $5.2m 0.00% New
20 J. Goldman & Co LP 0.21% of their portfolio NEW YORK, NY 463,890463.9k $4.6m $4.6m 0.21% Added +157.7k +157,690
21 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 459,077459.1k $4.6m $4.6m 0.00% Added +186.1k +186,105
22 Anthracite Investment Company, Inc. 2.30% of their portfolio FORT WORTH, TX 455,462455.5k $4.6m $4.6m 2.30% Added +247.0k +247,000
23 FNY Investment Advisers, LLC 2.60% of their portfolio NEW YORK, NY 428,609428.6k $4.3m $4.3m 2.60% Added +74.6k +74,609
24 DG Capital Management, LLC 2.73% of their portfolio NEW YORK, NY 421,775421.8k $4.2m $4.2m 2.73% New
25 Yost Capital Management, LP 6.27% of their portfolio HOUSTON, TX 405,000405.0k $4.1m $4.1m 6.27% Unchanged
26 Biltmore Family Office, LLC 0.75% of their portfolio CHARLOTTE, NC 380,656380.7k $3.8m $3.8m 0.75% Reduced -10.1k -10,121
27 Monaco Asset Management SAM 1.63% of their portfolio Monaco, O9 367,500367.5k $3.7m $3.7m 1.63% Reduced -302.5k -302,500
28 Cresset Asset Management, LLC 0.02% of their portfolio Chicago, IL 343,109343.1k $3.4m $3.4m 0.02% Added +47.9k +47,867
29 MYDA Advisors LLC 1.19% of their portfolio WOODMERE, NY 340,000340.0k $3.4m $3.4m 1.19% Added +90.0k +90,000
30 Jaffetilchin Investment Partners, LLC 0.29% of their portfolio TAMPA, FL 323,563323.6k $3.2m $3.2m 0.29% New
31 GTS SECURITIES LLC 0.09% of their portfolio NEW YORK, NY 321,445321.4k $3.2m $3.2m 0.09% Reduced -228.7k -228,706
32 Rovida Advisors Inc. 1.10% of their portfolio Fort Lauderdale, FL 316,147316.1k $3.2m $3.2m 1.10% Unchanged
33 IMC-Chicago, LLC 0.11% of their portfolio CHICAGO, IL 308,234308.2k $3.1m $3.1m 0.11% Added +29.5k +29,523
34 Florin Court Capital LLP 2.61% of their portfolio London, X0 301,798301.8k $3.0m $3.0m 2.61% Added +279.1k +279,100
35 UBS Group AG 0.00% of their portfolio ZURICH, V8 284,533284.5k $2.8m $2.8m 0.00% Added +284.3k +284,284
36 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 233,813233.8k $2.3m $2.3m 0.01% Added +40.3k +40,289
37 Concurrent Investment Advisors, LLC 0.09% of their portfolio Tampa, FL 233,343233.3k $2.3m $2.3m 0.09% Added +199.4k +199,385
38 Parallax Volatility Advisers, L.P. 0.07% of their portfolio San Francisco, CA 232,235232.2k $2.3m $2.3m 0.07% Added +229.1k +229,079
39 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 211,326211.3k $2.1m $2.1m 0.00% Reduced -517 -517
40 INTREPID CAPITAL MANAGEMENT INC 1.22% of their portfolio JACKSONVILLE BEACH, FL 187,596187.6k $1.9m $1.9m 1.22% Added +144.4k +144,403
41 Tidal Investments LLC 0.03% of their portfolio Milwaukee, WI 187,300187.3k $1.9m $1.9m 0.03% New
42 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 175,338175.3k $1.8m $1.8m 0.01% Added +79.8k +79,831
43 K.J. Harrison & Partners Inc 0.25% of their portfolio TORONTO, A6 161,877161.9k $1.6m $1.6m 0.25% Added +20.1k +20,050
44 Hamilton Wealth, LLC 0.50% of their portfolio LOS ANGELES, CA 161,050161.1k $1.6m $1.6m 0.50% New
45 Venture Visionary Partners LLC 0.07% of their portfolio Sylvania, OH 150,209150.2k $1.5m $1.5m 0.07% Added +35.3k +35,310
46 Caption Management, LLC 0.16% of their portfolio OKLAHOMA CITY, OK 146,504146.5k $1.5m $1.5m 0.16% Reduced -310.0k -310,002
47 Geneos Wealth Management Inc. 0.06% of their portfolio ENGLEWOOD, CO 141,504141.5k $1.4m $1.4m 0.06% Added +33.3k +33,260
48 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 140,477140.5k $1.4m $1.4m 0.00% Added +22.7k +22,660
49 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 137,881137.9k $1.4m $1.4m 0.01% Added +29.1k +29,118
50 Centiva Capital, LP 0.08% of their portfolio New York, NY 133,189133.2k $1.3m $1.3m 0.08% Reduced -22.6k -22,624
51 Concorde Asset Management, LLC 0.85% of their portfolio ANN ARBOR, MI 124,266124.3k $1.2m $1.2m 0.85% Reduced -102.2k -102,200
52 LINCOLN NATIONAL CORP 0.02% of their portfolio RADNOR, PA 120,975121.0k $1.2m $1.2m 0.02% New
53 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 105,147105.1k $1.1m $1.1m 0.00% Added +1.0k +1,000
54 Gerber Kawasaki Wealth & Investment Management 0.05% of their portfolio SANTA MONICA, CA 97,41097.4k $975.1k $975.1k 0.05% Added +30.3k +30,300
55 Pekin Hardy Strauss, Inc. 0.13% of their portfolio CHICAGO, IL 95,04995.0k $951.4k $951.4k 0.13% Reduced -6.3k -6,350
56 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 91,93991.9k $920.3k $920.3k 0.00% New
57 EQUITABLE TRUST CO 0.06% of their portfolio NASHVILLE, TN 88,93688.9k $890.2k $890.2k 0.06% Added +6.2k +6,250
58 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 84,90484.9k $849.9k $849.9k 0.01% New
59 EWA, LLC 0.34% of their portfolio PITTSBURGH, PA 81,03981.0k $756.1k $756.1k 0.34% Unchanged
60 CENTAURUS FINANCIAL, INC. 0.06% of their portfolio ANAHEIM, CA 80,96281.0k $810.0k $810.0k 0.06% New
61 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 80,58880.6k $807.0k $807.0k 0.00% Added +75.5k +75,475
62 VestGen Investment Management 0.23% of their portfolio EGG HARBOR TOWNSHIP, NJ 76,89076.9k $769.7k $769.7k 0.23% Reduced -10.0k -10,000
63 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 73,83673.8k $739.1k $739.1k 0.00% Added +72.9k +72,936
64 Zuckerman Investment Group, LLC 0.08% of their portfolio CHICAGO, IL 68,09468.1k $681.6k $681.6k 0.08% Added +24.9k +24,860
65 Seelaus Asset Management LLC 0.60% of their portfolio CHATHAM, NJ 61,00061.0k $605.2k $605.2k 0.60% New
66 Financial Enhancement Group LLC 0.08% of their portfolio ANDERSON, IN 54,91354.9k $489.8k $489.8k 0.08% Reduced -1.4k -1,431
67 Sequoia Financial Advisors, LLC 0.01% of their portfolio Akron, OH 51,39851.4k $514.5k $514.5k 0.01% Added +25.7k +25,678
68 Cravens & Co Advisors, LLC 0.41% of their portfolio COOKEVILLE, TN 49,45349.5k $495.0k $495.0k 0.41% Reduced -1.2k -1,178
69 Quarry LP 0.20% of their portfolio NEW YORK, NY 47,50047.5k $475.5k $475.5k 0.20% New
70 Navis Wealth Advisors, LLC 0.56% of their portfolio RYE BROOK, NY 46,74646.7k $467.9k $467.9k 0.56% Added +241 +241
71 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 45,15045.1k $452.0k $452.0k 0.00% Added +612 +612
72 Kercheville Advisors, LLC 0.21% of their portfolio San Antonio, TX 45,00045.0k $450.4k $450.4k 0.21% Added +28.0k +28,000
73 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 44,21044.2k $442.5k $442.5k 0.01% New
74 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 42,50042.5k $425.4k $425.4k 0.00% Unchanged
75 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 41,62241.6k $416.6k $416.6k 0.00% Added +2.4k +2,407
76 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 40,53640.5k $415.5k $415.5k 0.00% Added +562 +562
77 DSC Advisors, L.P. 0.65% of their portfolio CHICAGO, IL 40,00040.0k $400.4k $400.4k 0.65% Added +20.0k +20,000
78 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 39,74439.7k $398.0k $398.0k 0.00% Added +11.4k +11,366
79 ArchPoint Investors 0.15% of their portfolio CORAL GABLES, FL 37,05037.0k $370.9k $370.9k 0.15% Unchanged
80 Ancora Advisors LLC 0.01% of their portfolio Cleveland, OH 36,65636.7k $366.9k $366.9k 0.01% Unchanged
81 Cedar Wealth Management, LLC 0.12% of their portfolio LA JOLLA, CA 36,01136.0k $360.5k $360.5k 0.12% Added +16.7k +16,706
82 Gainplan LLC 0.17% of their portfolio BLOOMFIELD HILLS, MI 36,01036.0k $360.4k $360.4k 0.17% Added +25.5k +25,455
83 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 35,48535.5k $355.2k $355.2k 0.00% Added +34.7k +34,733
84 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 34,82234.8k $348.6k $348.6k 0.00% Added +17.0k +17,046
85 PCG Wealth Advisors, LLC 0.17% of their portfolio OVERLAND PARK, KS 34,77334.8k $348.1k $348.1k 0.17% Added +3.1k +3,052
86 THOMPSON SIEGEL & WALMSLEY LLC 0.01% of their portfolio RICHMOND, VA 34,10734.1k $341.0k $341.0k 0.01% New
87 Diametric Capital, LP 0.19% of their portfolio BOSTON, MA 33,48033.5k $335.1k $335.1k 0.19% New
88 NewEdge Wealth, LLC 0.01% of their portfolio STAMFORD, CT 32,25232.3k $310.3k $310.3k 0.01% Reduced -60.6k -60,586
89 Shay Capital LLC 0.09% of their portfolio NEW YORK, NY 32,00032.0k $320.3k $320.3k 0.09% Reduced -31.5k -31,500
90 AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio DALLAS, TX 31,85531.9k $318.9k $318.9k 0.00% Added +8.1k +8,085
91 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 31,38131.4k $314.1k $314.1k 0.00% Added +6.3k +6,300
92 CHANNEL WEALTH LLC 0.12% of their portfolio SANTA BARBARA, CA 30,40030.4k $304.3k $304.3k 0.12% New
93 Greenland Capital Management LP 0.05% of their portfolio NEW YORK, NY 28,46428.5k $284.9k $284.9k 0.05% New
94 LJI Wealth Management, LLC 0.07% of their portfolio INDIANAPOLIS, IN 28,23028.2k $282.6k $282.6k 0.07% Reduced -700 -700
95 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 27,36627.4k $274.0k $274.0k 0.00% Added +14.6k +14,572
96 Hedges Asset Management LLC 0.19% of their portfolio RENO, NV 26,50026.5k $265.3k $265.3k 0.19% Reduced -3.5k -3,500
97 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 25,90025.9k $259.3k $259.3k 0.00% Reduced -37.2k -37,200
98 Northside Capital Management, LLC 0.05% of their portfolio Hood River, OR 25,25025.2k $252.8k $252.8k 0.05% New
99 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 24,80024.8k $248.2k $248.2k 0.00% Unchanged
100 GenTrust, LLC 0.02% of their portfolio MIAMI, FL 24,76324.8k $247.9k $247.9k 0.02% New