FLCB vs BILS overlap
43 institutions report holding both FLCB and BILS.
FLCBBILS
Pick 2 to 4 ETFs.
We don’t have holdings for BILS. 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.
43
institutions report holding both, of 318 holding any
FLCB92.4% of its 13F dollars, 53.8% of its 80 holders
BILS48.9% of its 13F dollars, 15.3% of its 281 holders
Largest institutions holding both
| Firm | FLCB | BILS |
|---|---|---|
| Franklin Resources Inc. | $1.6B | $1.4M |
| LPL Financial LLC | $136.4M | $361.0M |
| Ameriprise Financial Inc. | $67.7M | $110.1M |
| Bank of America Corp. | $46.1M | $129.0M |
| Morgan Stanley | $42.3M | $44.1M |
| Envestnet Asset Management Inc. | $30.3M | $42.8M |
| Sanctuary Advisors, LLC | $69.3M | $2.8M |
| Osaic Holdings, Inc. | $2.2M | $62.0M |
| Wells Fargo & Company | $2.2M | $59.9M |
| Janney Montgomery Scott LLC | $52.8M | $5.3M |
| Jones Financial Companies LLLP | $56.2M | $249K |
| Raymond James Financial Inc. | $7.9M | $35.8M |
| Cetera Investment Advisers | $14.3M | $27.6M |
| Integrated Wealth Concepts LLC | $48K | $40.3M |
| UBS Group AG | $107 | $36.1M |
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: FLCB institutional holders, BILS institutional holders.
Frequently asked questions
Do institutions hold both FLCB and BILS?
43 Form 13F filers report positions in both, out of 318 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%.