FRI vs BCTK overlap

FRI and BCTK overlap 0.6% by weight, across 1 shared holdings.

FRIBCTK

Pick 2 to 4 ETFs.

0.6%

overlap by weight, across 1 shared holdings

FRI11.7% of the fund is in shared holdings, of 128

BCTK0.6% of the fund is in shared holdings, of 38

Top shared holdings

Holding	FRI	BCTK	Overlap
Welltower Inc.WELL	11.74%	0.58%	0.58%

Overlap by weight adds up the smaller weight of each holding the funds share, so 100% means identical portfolios. Long securities only: derivatives and cash vehicles are left out. Sources: FRI, SEC Form N-PORT, June 30, 2026; BCTK, SEC Form N-PORT, June 30, 2026.

institutions report holding both, of 90 holding any

FRI51.8% of its 13F dollars, 15.9% of its 69 holders

BCTK72.2% of its 13F dollars, 34.4% of its 32 holders

Largest institutions holding both

Firm	FRI	BCTK
Northwestern Mutual Wealth Management Co	$4K	$67.3M
LPL Financial LLC	$20.4M	$10.8M
Morgan Stanley	$27.2M	$14K
Cetera Investment Advisers	$15.9M	$232K
Susquehanna International Group, LLP	$1.3M	$4.2M
Commonwealth Equity Services, LLC	$424K	$3.5M
Osaic Holdings, Inc.	$531K	$1.5M
Fifth Third Bancorp	$190K	$127K
Arax Advisory Partners	$32K	$33K
FMR LLC	$8K	$44K
Global Retirement Partners, LLC	$5K	$41K

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: FRI institutional holders, BCTK institutional holders.

Frequently asked questions

How much do FRI and BCTK overlap?

0.6% by weight, with 1 holdings in common, using holdings for FRI as of June 30, 2026 and BCTK as of June 30, 2026. The largest shared position is WELL.

Do institutions hold both FRI and BCTK?

11 Form 13F filers report positions in both, out of 90 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%.