FRI vs CSEN overlap
20 institutions report holding both FRI and CSEN.
FRICSEN
Pick 2 to 4 ETFs.
We don’t have holdings for CSEN. 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.
20
institutions report holding both, of 86 holding any
FRI65.7% of its 13F dollars, 29.0% of its 69 holders
CSEN52.7% of its 13F dollars, 54.0% of its 37 holders
Largest institutions holding both
| Firm | FRI | CSEN |
|---|---|---|
| Morgan Stanley | $27.2M | $18.4M |
| LPL Financial LLC | $20.4M | $5.0M |
| Bank of America Corp. | $1.4M | $17.2M |
| Cetera Investment Advisers | $15.9M | $666K |
| UBS Group AG | $8.9M | $2.1M |
| Royal Bank of Canada | $1.4M | $7.8M |
| Stifel Financial Corp. | $1.1M | $3.8M |
| Raymond James Financial Inc. | $656K | $3.1M |
| Commonwealth Equity Services, LLC | $424K | $2.5M |
| Citadel Advisors LLC | $1.4M | $1.5M |
| Envestnet Asset Management Inc. | $1.7M | $620K |
| Susquehanna International Group, LLP | $1.3M | $898K |
| Ameriprise Financial Inc. | $550K | $326K |
| HighTower Advisors, LLC | $536K | $294K |
| Osaic Holdings, Inc. | $531K | $86K |
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, CSEN institutional holders.
Frequently asked questions
Do institutions hold both FRI and CSEN?
20 Form 13F filers report positions in both, out of 86 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%.