DRAM vs DBMF overlap
112 institutions report holding both DRAM and DBMF.
DRAMDBMF
Pick 2 to 4 ETFs.
We don’t have holdings for DRAM, DBMF. 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.
112
institutions report holding both, of 582 holding any
DRAM24.7% of its 13F dollars, 30.6% of its 366 holders
DBMF70.2% of its 13F dollars, 34.1% of its 328 holders
Largest institutions holding both
| Firm | DRAM | DBMF |
|---|---|---|
| JPMorgan Chase & Co | $393.8M | $369.3M |
| LPL Financial LLC | $14.9M | $650.9M |
| Morgan Stanley | $203.5M | $302.3M |
| Susquehanna International Group, LLP | $265.4M | $2.8M |
| Marex Group Ltd | $244.7M | $597K |
| Northwestern Mutual Wealth Management Co | $1K | $104.9M |
| Bank of America Corp. | $27.1M | $62.1M |
| Raymond James Financial Inc. | $375K | $79.0M |
| Royal Bank of Canada | $21.4M | $32.2M |
| Simplex Trading, LLC | $46.2M | $91 |
| Tidal Investments LLC | $1.4M | $42.6M |
| Bank of Montreal | $40.9M | $1.6M |
| Beacon Pointe Advisors, LLC | $1.7M | $34.4M |
| Savant Capital, LLC | $674K | $29.2M |
| Citigroup Inc. | $22.1M | $7.3M |
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: DRAM institutional holders, DBMF institutional holders.
Frequently asked questions
Do institutions hold both DRAM and DBMF?
112 Form 13F filers report positions in both, out of 582 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%.