BNO vs BCD overlap
15 institutions report holding both BNO and BCD.
BNOBCD
Pick 2 to 4 ETFs.
We don’t have holdings for BNO. Most funds that aren’t in the SEC’s N-PORT data are unit trusts, grantor trusts or very new funds. The institutions tab may still have them.
15
institutions report holding both, of 126 holding any
BNO27.3% of its 13F dollars, 27.3% of its 55 holders
BCD8.8% of its 13F dollars, 17.4% of its 86 holders
Largest institutions holding both
| Firm | BNO | BCD |
|---|---|---|
| Citadel Advisors LLC | $42.8M | $401K |
| Wells Fargo & Company | $7.0M | $13 |
| LPL Financial LLC | $488K | $5.6M |
| Osaic Holdings, Inc. | $586K | $4.5M |
| UBS Group AG | $22K | $4.4M |
| Flow Traders U.S. LLC | $1.6M | $1.5M |
| HRT Financial LP | $2.8M | $214K |
| Jane Street Group, LLC | $1.3M | $1.4M |
| JPMorgan Chase & Co | $2.3M | $32 |
| Susquehanna International Group, LLP | $461K | $1.2M |
| Royal Bank of Canada | $187K | $69K |
| Integrated Wealth Concepts LLC | $238K | $1K |
| Morgan Stanley | $170K | $68K |
| Harbour Investments, Inc. | $36K | $112K |
| Federation des caisses Desjardins du Quebec | $122K | $23K |
This compares who owns the funds, not what the funds hold. From SEC Form 13F, for managers with $100M+ in US securities.
Who owns them: BNO institutional holders, BCD institutional holders.
Frequently asked questions
Do institutions hold both BNO and BCD?
15 Form 13F filers report positions in both, out of 126 that report either one.
How is overlap by weight worked out?
For each holding the two funds share, take the smaller of the two weights, then add those up. Identical portfolios score 100%.