FBTC vs BCI overlap
88 institutions report holding both FBTC and BCI.
FBTCBCI
Pick 2 to 4 ETFs.
We don’t have holdings for FBTC. 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.
88
institutions report holding both, of 745 holding any
FBTC21.1% of its 13F dollars, 14.2% of its 622 holders
BCI49.1% of its 13F dollars, 41.7% of its 211 holders
Largest institutions holding both
| Firm | FBTC | BCI |
|---|---|---|
| Wells Fargo & Company | $169 | $390.0M |
| Bank of America Corp. | $1.3M | $101.1M |
| Morgan Stanley | $48.7M | $52.6M |
| Northwestern Mutual Wealth Management Co | $3.7M | $89.1M |
| Abundance Wealth Counselors | $2.6M | $68.5M |
| Cresset Asset Management, LLC | $21.3M | $30.9M |
| Envestnet Asset Management Inc. | $33.7M | $14.6M |
| Royal Bank of Canada | $9K | $44.1M |
| Mariner, LLC | $32.5M | $671K |
| Cetera Investment Advisers | $21.1M | $2.7M |
| HighTower Advisors, LLC | $21.5M | $2.0M |
| Cambridge Investment Research Advisors, Inc. | $19.6M | $2.9M |
| Kestra Advisory Services, LLC | $9.8M | $9.1M |
| Arax Advisory Partners | $1.6M | $16.3M |
| Citadel Advisors LLC | $15.2M | $2.6M |
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: FBTC institutional holders, BCI institutional holders.
Frequently asked questions
Do institutions hold both FBTC and BCI?
88 Form 13F filers report positions in both, out of 745 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%.