Form NPORT-P AdvisorShares Trust For: Mar 31

  
    NPORT-P
    false
    
      
      
        
          0001408970
          XXXXXXXX
        
      
      
      
      
        S000030090
        C000092409
      
      
    
  
  
    
      AdvisorShares Trust
      811-22110
      0001408970
      549300K5KGUMX2I7WM68
      4800 Montgomery Lane
      Suite 150
      Bethesda
      
      20814
      877-843-3831
      AdvisorShares Ranger Equity Bear ETF
      S000030090
      5493002XL8HC1EE2BT77
      2022-06-30
      2022-03-31
      N
    
    
      201701719.68
      102418748.39
      99282971.29
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      14029992.49000000
      N
      
        
          
        
        
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
        
        
        
        
      
      
      
      
      
      
    
    
      
        Las Vegas Sands Corp
        549300DUOO1KXOHPM605
        
        517834107
        
          
          
        
        -25000.00000000
        NS
        USD
        -971750.00000000
        -0.97876804790
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        FirstCash Holdings Inc
        N/A
        
        33768G107
        
          
          
        
        -25000.00000000
        NS
        USD
        -1758500.00000000
        -1.77120001260
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Restaurant Brands Internationa
        5299009RXTX9DN9AKJ98
        
        76131D103
        
          
          
        
        -30000.00000000
        NS
        USD
        -1751700.00000000
        -1.76435090251
        Short
        EC
        CORP
        CA
        N
        
        1
        
          N
          N
          N
        
      
      
        Carvana Co
        5493003WEAK2PJ5WS063
        
        146869102
        
          
          
        
        -20000.00000000
        NS
        USD
        -2385800.00000000
        -2.40303041800
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Braze Inc
        9845007B9EDBFD37C277
        
        10576N102
        
          
          
        
        -33000.00000000
        NS
        USD
        -1368510.00000000
        -1.37839347696
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ollie's Bargain Outlet Holding
        529900YO5DSQCPEFDZ05
        
        681116109
        
          
          
        
        -26000.00000000
        NS
        USD
        -1116960.00000000
        -1.12502676489
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Zuora Inc
        549300ISVGC1YZWQJ420
        
        98983V106
        
          
          
        
        -100000.00000000
        NS
        USD
        -1498000.00000000
        -1.50881866299
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Rivian Automotive Inc
        N/A
        
        76954A103
        
          
          
        
        -30000.00000000
        NS
        USD
        -1507200.00000000
        -1.51808510605
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CS Disco Inc
        N/A
        
        126327105
        
          
          
        
        -41738.00000000
        NS
        USD
        -1417839.86000000
        -1.42807960073
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        FIDELITY INSTITUTIONAL MONEY MARKET GOVERNMENT PORTFOLIO ? CLASS III
        N/A
        
        000000000
        
          
        
        31479272.57000000
        NS
        USD
        31479272.57000000
        31.70661812492
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        LivePerson Inc
        549300IN2P1JZ20G7N40
        
        538146101
        
          
          
        
        -40000.00000000
        NS
        USD
        -976800.00000000
        -0.98385451936
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Beauty Health Co/The
        5493001Z2JZQT4C63C50
        
        88331L108
        
          
          
        
        -50000.00000000
        NS
        USD
        -844000.00000000
        -0.85009542828
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sonos Inc
        549300WEPU6075I77M08
        
        83570H108
        
          
          
        
        -50000.00000000
        NS
        USD
        -1411000.00000000
        -1.42119034278
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ACV Auctions Inc
        N/A
        
        00091G104
        
          
          
        
        -60000.00000000
        NS
        USD
        -888600.00000000
        -0.89501753266
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Western Digital Corp
        549300QQXOOYEF89IC56
        
        958102105
        
          
          
        
        -45000.00000000
        NS
        USD
        -2234250.00000000
        -2.25038591308
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Service Properties Trust
        529900IS770AG1K9QG27
        
        81761L102
        
          
          
        
        -130000.00000000
        NS
        USD
        -1147900.00000000
        -1.15619021578
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Hannon Armstrong Sustainable I
        N/A
        
        41068X100
        
          
          
        
        -30000.00000000
        NS
        USD
        -1422900.00000000
        -1.43317628543
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MeridianLink Inc
        N/A
        
        58985J105
        
          
          
        
        -30000.00000000
        NS
        USD
        -543000.00000000
        -0.54692158478
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        iShares Russell 2000 ETF
        549300O80OAR5VTWR172
        
        464287655
        
          
          
        
        -30000.00000000
        NS
        USD
        -6158100.00000000
        -6.20257423804
        Short
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Americold Realty Trust
        549300R7N1V5YV8MWH02
        
        03064D108
        
          
          
        
        -40805.00000000
        NS
        USD
        -1137643.40000000
        -1.14585954189
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        OneMain Holdings Inc
        549300E3VEW8SMS5XW09
        
        68268W103
        
          
          
        
        -55000.00000000
        NS
        USD
        -2607550.00000000
        -2.62638191234
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AptarGroup Inc
        VNPEQDQFAA7IY1T2PX43
        
        038336103
        
          
          
        
        -14000.00000000
        NS
        USD
        -1645000.00000000
        -1.65688030749
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MasTec Inc
        549300TMDIT8WREDOF45
        
        576323109
        
          
          
        
        -20000.00000000
        NS
        USD
        -1742000.00000000
        -1.75458084842
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Freshpet Inc
        549300S4ZK8ZQ6HNPN59
        
        358039105
        
          
          
        
        -15000.00000000
        NS
        USD
        -1539600.00000000
        -1.55071910116
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Rackspace Technology Inc
        N/A
        
        750102105
        
          
          
        
        -100000.00000000
        NS
        USD
        -1116000.00000000
        -1.12405983171
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Jack in the Box Inc
        5493002OJW26P0SUUP68
        
        466367109
        
          
          
        
        -12500.00000000
        NS
        USD
        -1167625.00000000
        -1.17605767114
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Citigroup Inc
        6SHGI4ZSSLCXXQSBB395
        
        172967424
        
          
          
        
        -40000.00000000
        NS
        USD
        -2136000.00000000
        -2.15142634456
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Alliance Data Systems Corp
        549300G8S4PO686J7H97
        
        018581108
        
          
          
        
        -20000.00000000
        NS
        USD
        -1123000.00000000
        -1.13111038621
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sprinklr Inc
        254900AR04RJ2BQO5S78
        
        85208T107
        
          
          
        
        -115000.00000000
        NS
        USD
        -1368500.00000000
        -1.37838340474
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cimpress PLC
        549300X1IFD75XISOR81
        
        000000000
        
          
          
        
        -20000.00000000
        NS
        USD
        -1271800.00000000
        -1.28098503043
        Short
        EC
        CORP
        IE
        N
        
        1
        
          N
          N
          N
        
      
      
        Caesars Entertainment Inc
        549300FA4CTCW903Y781
        
        12769G100
        
          
          
        
        -12000.00000000
        NS
        USD
        -928320.00000000
        -0.93502439334
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Pegasystems Inc
        549300FMCOKPL06FYN26
        
        705573103
        
          
          
        
        -22500.00000000
        NS
        USD
        -1814625.00000000
        -1.82773035136
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Appfolio Inc
        529900OOUUGT6JFC0S15
        
        03783C100
        
          
          
        
        -10000.00000000
        NS
        USD
        -1132100.00000000
        -1.14027610706
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Hanesbrands Inc
        GX5LWVWZLL5S4W1L2F20
        
        410345102
        
          
          
        
        -53000.00000000
        NS
        USD
        -789170.00000000
        -0.79486944210
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Intapp Inc
        N/A
        
        45827U109
        
          
          
        
        -40000.00000000
        NS
        USD
        -960400.00000000
        -0.96733607739
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Telephone and Data Systems Inc
        N/A
        
        879433829
        
          
          
        
        -70000.00000000
        NS
        USD
        -1321600.00000000
        -1.33114468959
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        LendingTree Inc
        549300ISY5YHUJZTON08
        
        52603B107
        
          
          
        
        -15000.00000000
        NS
        USD
        -1795050.00000000
        -1.80801397931
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Thoughtworks Holding Inc
        N/A
        
        88546E105
        
          
          
        
        -80000.00000000
        NS
        USD
        -1664800.00000000
        -1.67682330450
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Malibu Boats Inc
        N/A
        
        56117J100
        
          
          
        
        -20000.00000000
        NS
        USD
        -1160200.00000000
        -1.16857904726
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Exponent Inc
        529900NY3F5Q2NWPUZ42
        
        30214U102
        
          
          
        
        -10000.00000000
        NS
        USD
        -1080500.00000000
        -1.08830344817
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        NETGEAR Inc
        54930067KX3UNRHDWA78
        
        64111Q104
        
          
          
        
        -50000.00000000
        NS
        USD
        -1234000.00000000
        -1.24291203613
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AdvisorShares North Square McK
        549300JV5T62F5E7S151
        
        00768Y651
        
          
          
        
        200000.00000000
        NS
        USD
        19546000.00000000
        19.68716260808
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Credit Suisse Group AG
        549300506SI9CRFV9Z86
        
        225401108
        
          
          
        
        -200000.00000000
        NS
        USD
        -1570000.00000000
        -1.58133865213
        Short
        EC
        CORP
        CH
        N
        
        1
        
          N
          N
          N
        
      
      
        Healthcare Services Group Inc
        529900GVZ1D2FBYMS719
        
        421906108
        
          
          
        
        -60000.00000000
        NS
        USD
        -1114200.00000000
        -1.12224683198
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        iHeartMedia Inc
        N/A
        
        45174J509
        
          
          
        
        -87434.00000000
        NS
        USD
        -1655125.62000000
        -1.66707905544
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Greif Inc
        54930070FVGKR0Z1FI24
        
        397624107
        
          
          
        
        -10000.00000000
        NS
        USD
        -650600.00000000
        -0.65529867966
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MarketAxess Holdings Inc
        5493002U1CA1XJOVID83
        
        57060D108
        
          
          
        
        -12000.00000000
        NS
        USD
        -4082400.00000000
        -4.11188338438
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Corsair Gaming Inc
        549300Y7YT18L8G0H525
        
        22041X102
        
          
          
        
        -40000.00000000
        NS
        USD
        -846400.00000000
        -0.85251276125
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        United Natural Foods Inc
        549300GKGW6WPZ282D40
        
        911163103
        
          
          
        
        -35000.00000000
        NS
        USD
        -1447250.00000000
        -1.45770214287
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Coinbase Global Inc
        5493004G3J2SC154DU06
        
        19260Q107
        
          
          
        
        -8000.00000000
        NS
        USD
        -1518880.00000000
        -1.52984945984
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Whirlpool Corp
        WHENKOULSSK7WUM60H03
        
        963320106
        
          
          
        
        -15000.00000000
        NS
        USD
        -2591700.00000000
        -2.61041744251
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PTC Inc
        54930050SSMU8SKDJ030
        
        69370C100
        
          
          
        
        -25000.00000000
        NS
        USD
        -2693000.00000000
        -2.71244903834
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Lancaster Colony Corp
        529900X4O13HED1ZAS58
        
        513847103
        
          
          
        
        -17000.00000000
        NS
        USD
        -2535550.00000000
        -2.55386192320
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BorgWarner Inc
        549300DSFX2IE88NSX47
        
        099724106
        
          
          
        
        -19538.00000000
        NS
        USD
        -760028.20000000
        -0.76551717794
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Lumen Technologies Inc
        8M3THTGWLTYZVE6BBY25
        
        550241103
        
          
          
        
        -143383.00000000
        NS
        USD
        -1615926.41000000
        -1.62759674595
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        IPG Photonics Corp
        5493002KZ51CADQ94G15
        
        44980X109
        
          
          
        
        -10000.00000000
        NS
        USD
        -1097600.00000000
        -1.10552694559
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        F5 Inc
        54930015FPK9KT966303
        
        315616102
        
          
          
        
        -5000.00000000
        NS
        USD
        -1044750.00000000
        -1.05229525912
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PVH Corp
        123WALMHY1GZXG2YDL90
        
        693656100
        
          
          
        
        -15000.00000000
        NS
        USD
        -1149150.00000000
        -1.15744924337
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BlackRock Liquidity FedFund
        N/A
        
        000000000
        
          
        
        122124534.00000000
        NS
        USD
        122124534.00000000
        123.0065261073
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sinclair Broadcast Group Inc
        529900879GWQV880PQ28
        
        829226109
        
          
          
        
        -40000.00000000
        NS
        USD
        -1120800.00000000
        -1.12889449765
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        National Beverage Corp
        549300O9MZIQJI8TGV17
        
        635017106
        
          
          
        
        -40000.00000000
        NS
        USD
        -1740000.00000000
        -1.75256640428
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Snap-on Inc
        HHWAT5TDOYZMM26KKQ73
        
        833034101
        
          
          
        
        -19700.00000000
        NS
        USD
        -4047956.00000000
        -4.07719062735
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Qualtrics International Inc
        549300NW34K5PVZGTN68
        
        747601201
        
          
          
        
        -50000.00000000
        NS
        USD
        -1427500.00000000
        -1.43780950696
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MDU Resources Group Inc
        N/A
        
        552690109
        
          
          
        
        -60000.00000000
        NS
        USD
        -1599000.00000000
        -1.61054809220
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Wynn Resorts Ltd
        254900CEKKWIHTEAB172
        
        983134107
        
          
          
        
        -17000.00000000
        NS
        USD
        -1355580.00000000
        -1.36537009558
        Short
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
    
    
      
    
    
      2022-05-20
      AdvisorShares Trust
      Dan Ahrens
      Dan Ahrens
      Secretary and Treasurer
    
  
  XXXX

 

ADVISORSHARES RANGER EQUITY BEAR ETF

Schedule of Investments

March 31, 2022 (Unaudited)

 

Investments		Shares				Value
EXCHANGE TRADED FUND – 19.7%
Debt Fund – 19.7%
AdvisorShares North Square McKee Core Reserves ETF†
(Cost $19,886,000)			200,000			$	19,546,000
MONEY MARKET FUNDS – 154.7%
BlackRock Liquidity Funds FedFund Portfolio, Institutional Class, 0.23%(a)(b)			122,124,534				122,124,534
Fidelity Institutional Money Market Government Portfolio - Class III, 0.01%(a)			31,479,273				31,479,273
Total Money Market Funds
(Cost $153,603,806)							153,603,807
Total Investments Before Securities Sold, Not Yet Purchased
(Cost $173,489,806)							173,149,807
Securities Sold, Not Yet Purchased – (98.5)%(c)
EXCHANGE TRADED FUND – (6.2)%
Equity Fund – (6.2)%
iShares Russell 2000 ETF
(Cost $(6,332,506))			(30,000	)			(6,158,100	)
COMMON STOCKS – (92.3)%
Apparel – (2.0)%
Hanesbrands, Inc.			(53,000	)			(789,170	)
PVH Corp.			(15,000	)			(1,149,150	)
Total Apparel							(1,938,320	)
Auto Manufacturers – (1.5)%
Rivian Automotive, Inc., Class A*			(30,000	)			(1,507,200	)
Auto Parts & Equipment – (0.8)%
BorgWarner, Inc.			(19,538	)			(760,028	)
Banks – (3.7)%
Citigroup, Inc.			(40,000	)			(2,136,000	)
Credit Suisse Group AG (Switzerland)(d)			(200,000	)			(1,570,000	)
Total Banks							(3,706,000	)
Beverages – (1.8)%
National Beverage Corp.			(40,000	)			(1,740,000	)
Building Materials – (1.6)%
MDU Resources Group, Inc.			(60,000	)			(1,599,000	)
Commercial Services – (5.4)%
Cimpress PLC (Ireland)*			(20,000	)			(1,271,800	)
MarketAxess Holdings, Inc.			(12,000	)			(4,082,400	)
Total Commercial Services							(5,354,200	)
Computers – (4.8)%
Corsair Gaming, Inc.*			(40,000	)			(846,400	)
Thoughtworks Holding, Inc.*			(80,000	)			(1,664,800	)
Western Digital Corp.*			(45,000	)			(2,234,250	)
Total Computers							(4,745,450	)
Cosmetics / Personal Care – (0.9)%
Beauty Health Co. (The)*			(50,000	)			(844,000	)
Diversified Financial Services – (8.5)%
Bread Financial Holdings, Inc.			(20,000	)			(1,123,000	)
Coinbase Global, Inc., Class A*			(8,000	)			(1,518,880	)
Hannon Armstrong Sustainable Infrastructure Capital, Inc.			(30,000	)			(1,422,900	)
LendingTree, Inc.*			(15,000	)			(1,795,050	)
OneMain Holdings, Inc.			(55,000	)			(2,607,550	)
Total Diversified Financial Services							(8,467,380	)
Engineering & Construction – (2.8)%
Exponent, Inc.			(10,000	)			(1,080,500	)
MasTec, Inc.*			(20,000	)			(1,742,000	)
Total Engineering & Construction							(2,822,500	)
Entertainment – (0.9)%
Caesars Entertainment, Inc.*			(12,000	)			(928,320	)
Food – (4.0)%
Lancaster Colony Corp.			(17,000	)			(2,535,550	)
United Natural Foods, Inc.*			(35,000	)			(1,447,250	)
Total Food							(3,982,800	)
Food Service – (1.1)%
Healthcare Services Group, Inc.			(60,000	)			(1,114,200	)
Hand/Machine Tools – (4.1)%
Snap-on, Inc.			(19,700	)			(4,047,956	)
Home Furnishings – (4.0)%
Sonos, Inc.*			(50,000	)			(1,411,000	)
Whirlpool Corp.			(15,000	)			(2,591,700	)
Total Home Furnishings							(4,002,700	)
Internet – (2.4)%
F5, Inc.*			(5,000	)			(1,044,750	)
Sprinklr, Inc., Class A*			(115,000	)			(1,368,500	)
Total Internet							(2,413,250	)
Leisure Time – (1.2)%
Malibu Boats, Inc., Class A*			(20,000	)			(1,160,200	)
Lodging – (2.3)%
Las Vegas Sands Corp.*			(25,000	)			(971,750	)
Wynn Resorts Ltd.*			(17,000	)			(1,355,580	)
Total Lodging							(2,327,330	)
Media – (2.8)%
iHeartMedia, Inc., Class A*			(87,434	)			(1,655,126	)
Sinclair Broadcast Group, Inc., Class A			(40,000	)			(1,120,800	)
Total Media							(2,775,926	)
Packaging & Containers – (2.3)%
AptarGroup, Inc.			(14,000	)			(1,645,000	)
Greif, Inc., Class A			(10,000	)			(650,600	)
Total Packaging & Containers							(2,295,600	)
REITS – (2.3)%
Americold Realty Trust			(40,805	)			(1,137,643	)
Service Properties Trust			(130,000	)			(1,147,900	)
Total REITS							(2,285,543	)
Retail – (9.8)%
Carvana Co.*			(20,000	)			(2,385,800	)
FirstCash Holdings, Inc.			(25,000	)			(1,758,500	)
Freshpet, Inc.*			(15,000	)			(1,539,600	)
Jack in the Box, Inc.			(12,500	)			(1,167,625	)
Ollie’s Bargain Outlet Holdings, Inc.*			(26,000	)			(1,116,960	)

 

 

ADVISORSHARES RANGER EQUITY BEAR ETF

Schedule of Investments (continued)

March 31, 2022 (Unaudited)

 

Investments		Shares				Value
COMMON STOCKS (continued)
Retail (continued)
Restaurant Brands International, Inc. (Canada)			(30,000	)		$	(1,751,700	)
Total Retail							(9,720,185	)
Semiconductors – (1.1)%
IPG Photonics Corp.*			(10,000	)			(1,097,600	)
Software – (16.0)%
ACV Auctions, Inc., Class A*			(60,000	)			(888,600	)
AppFolio, Inc., Class A*			(10,000	)			(1,132,100	)
Braze, Inc., Class A*			(33,000	)			(1,368,510	)
CS Disco, Inc.*			(41,738	)			(1,417,840	)
Intapp, Inc.*			(40,000	)			(960,400	)
LivePerson, Inc.*			(40,000	)			(976,800	)
MeridianLink, Inc.*			(30,000	)			(543,000	)
Pegasystems, Inc.			(22,500	)			(1,814,625	)
PTC, Inc.*			(25,000	)			(2,693,000	)
Qualtrics International, Inc., Class A*			(50,000	)			(1,427,500	)
Rackspace Technology, Inc.*			(100,000	)			(1,116,000	)
Zuora, Inc., Class A*			(100,000	)			(1,498,000	)
Total Software							(15,836,375	)
Telecommunications – (4.2)%
Lumen Technologies, Inc.			(143,383	)			(1,615,927	)
NETGEAR, Inc.*			(50,000	)			(1,234,000	)
Telephone and Data Systems, Inc.			(70,000	)			(1,321,600	)
Total Telecommunications							(4,171,527	)
Total Common Stocks
(Cost $(92,344,532))							(91,643,590	)
Total Securities Sold, Not Yet Purchased [Proceeds Received $(98,677,038)]							(97,801,690	)
Total Investments – 75.9%
(Cost $74,812,768)							75,348,117
Other Assets in Excess of Liabilities – 24.1%							23,934,888
Net Assets – 100.0%						$	99,283,005

 

 

ETF - Exchange Traded Fund

PLC - Public Limited Company

REITS - Real Estate Investment Trusts

 

*	Non-income producing security.
†	Affiliated Company.
(a)	Rate shown reflects the 7-day yield as of March 31, 2022.
(b)	All or a portion of this security has been pledged as collateral for securities sold, not yet purchased. The aggregate market value of the collateral was $122,124,534 as of March 31, 2022.
(c)	As of March 31, 2022 cash in the amount of $7,129,992 has been segregated as collateral from the broker for securities sold short.
(d)	American Depositary Receipt.

 

 

ADVISORSHARES RANGER EQUITY BEAR ETF

Schedule of Investments (continued)

March 31, 2022 (Unaudited)

 

 

For information on the Fund’s policies regarding the valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.

 

Fair Value Measurements

 

The following is a summary of the inputs used, as of March 31, 2022, in valuing the Fund’s assets and liabilities carried at fair value. These inputs are summarized in three broad levels. Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds and credit risk). Level 3 includes significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments). The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities.

 

Assets		Level 1				Level 2				Level 3				Total
Exchange Traded Fund		$	19,546,000			$	–			$	–			$	19,546,000
Money Market Funds			153,603,807				–				–				153,603,807
Total		$	173,149,807			$	–			$	–			$	173,149,807

 

Liabilities		Level 1				Level 2				Level 3				Total
Exchange Traded Fund		$	(6,158,100	)		$	–			$	–			$	(6,158,100	)
Common Stocks			(91,643,590	)			–				–				(91,643,590	)
Total		$	(97,801,690	)		$	–			$	–			$	(97,801,690	)

 

SUMMARY OF SCHEDULE OF INVESTMENTS

 

		% of
		Net Assets
Apparel			(2.0	)%
Auto Manufacturers			(1.5	)
Auto Parts & Equipment			(0.8	)
Banks			(3.7	)
Beverages			(1.8	)
Building Materials			(1.6	)
Commercial Services			(5.4	)
Computers			(4.8	)
Cosmetics / Personal Care			(0.9	)
Debt Fund			19.7
Diversified Financial Services			(8.5	)
Engineering & Construction			(2.8	)
Entertainment			(0.9	)
Equity Fund			(6.2	)
Food			(4.0	)
Food Service			(1.1	)
Hand/Machine Tools			(4.1	)
Home Furnishings			(4.0	)
Internet			(2.4	)
Leisure Time			(1.2	)
Lodging			(2.3	)
Media			(2.8	)
Packaging & Containers			(2.3	)
REITS			(2.3	)
Retail			(9.8	)
Semiconductors			(1.1	)
Software			(16.0	)
Telecommunications			(4.2	)
Money Market Funds			154.7
Total Investments			75.9
Other Assets in Excess of Liabilities			24.1
Net Assets			100.0	%

 

 

ADVISORSHARES RANGER EQUITY BEAR ETF

Schedule of Investments (continued)

March 31, 2022 (Unaudited)

 

 

Affiliated holdings are funds which are managed by the Trust or an affiliate of the Trust. Transactions with affiliated companies during the period ended March 31, 2022 were as follows:

 

Affiliated Holding Name		Value at 6/30/2021				Purchases/ Additions				Sales/ Reductions				Realized Gain (Loss)				Change in Unrealized Gain (Loss)				Number of Shares at 3/31/2022				Value at 3/31/2022				Dividend Income
AdvisorShares North Square McKee Core Reserves ETF		$	19,736,000			$	–			$	–			$	–			$	(190,000	)			200,000			$	19,546,000			$	67,518

 

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• IDEX Reports First Quarter Results and Confirms Full Year Guidance
• Reveal Technology Receives Selection Notification for $33.6M STRATFI Award Through the AFVentures Program
• CORRECTION--Middlefield Innovation Dividend ETF Distributions