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State Street SPDR S&P Pharmaceuticals ETF
XPH

Name Holding Trade Value Shares
Change 		Change in
Stake
BFEC
26
Benjamin F. Edwards & Company
Missouri
$681K +$652K +19,322 New
DG
27
Davidson & Garrard
Virginia
$612K +$586K +17,370 New
Royal Bank of Canada
28
Royal Bank of Canada
Ontario, Canada
$570K +$546K +16,166 New
AI
29
Atria Investments
North Carolina
$522K +$500K +14,818 New
AWM
30
Altavista Wealth Management
North Carolina
$490K +$469K +13,906 New
VCAM
31
Valentine Capital Asset Management
California
$473K +$453K +13,430 New
Brown Advisory
32
Brown Advisory
Maryland
$401K +$385K +11,390 New
PAG
33
Pinnacle Advisory Group
Maryland
$313K +$300K +8,886 New
Commonwealth Equity Services
34
Commonwealth Equity Services
Massachusetts
$285K +$273K +8,098 New
AIG
35
American International Group
New York
$274K +$262K +7,774 New
MFS
36
MSI Financial Services
Massachusetts
$267K +$255K +7,566 New
Citigroup
37
Citigroup
New York
$258K +$247K +7,326 New
CWM
38
Concert Wealth Management
California
$250K +$239K +7,082 New
HSBC Holdings
39
HSBC Holdings
United Kingdom
$240K +$230K +6,800 New
BRWA
40
B. Riley Wealth Advisors
Florida
$224K +$215K +6,360 New
KFS
41
KMS Financial Services
Washington
$212K +$203K +6,018 New
CC
42
Columbia Capital
California
$207K +$199K +5,884 New
PNC Financial Services Group
43
PNC Financial Services Group
Pennsylvania
$128K +$122K +3,616 New
Jones Financial Companies
44
Jones Financial Companies
Missouri
$99K +$94.5K +2,800 New
Invesco
45
Invesco
Georgia
$98K +$93.8K +2,780 New
Envestnet Asset Management
46
Envestnet Asset Management
Illinois
$68K +$65.2K +1,932 New
JAM
47
Jolley Asset Management
North Carolina
$56K +$54K +1,600 New
LTFS
48
Ladenburg Thalmann Financial Services
Florida
$53K +$51K +1,512 New
Bank of Montreal
49
Bank of Montreal
Ontario, Canada
$49K +$47.3K +1,400 New
RIA
50
Regal Investment Advisors
Michigan
$45K +$43.1K +1,276 New
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