FSCS vs BKSE overlap

FSCS and BKSE overlap 4.0% by weight, across 24 shared holdings.

FSCSBKSE

Pick 2 to 4 ETFs.

4.0%

overlap by weight, across 24 shared holdings

FSCS23.6% of the fund is in shared holdings, of 100

BKSE4.0% of the fund is in shared holdings, of 594

Top shared holdings

Holding	FSCS	BKSE	Overlap
Hanover InsurancTHG	1.17%	0.35%	0.35%
Rayonier Inc.RYN	0.99%	0.28%	0.28%
Granite ConstrGVA	1.26%	0.22%	0.22%
White MountainsWTM	0.89%	0.22%	0.22%
Magnolia Oil-aMGY	0.92%	0.21%	0.21%
Gentex Corp.GNTX	1.11%	0.21%	0.21%
Laureate EducatiLAUR	1.07%	0.20%	0.20%
Cabot Corp.CBT	1.21%	0.20%	0.20%
First Bancorp PRFBP	1.12%	0.19%	0.19%
Federated HermesFHI	0.97%	0.19%	0.19%
Atmus FiltrationATMU	0.80%	0.19%	0.19%
Grand Canyon EDULOPE	0.81%	0.18%	0.18%
Brady Corp. - aBRC	1.08%	0.17%	0.17%
Mueller Water-aMWA	0.88%	0.17%	0.17%
Option Care HEALOPCH	0.72%	0.15%	0.15%

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: FSCS, SEC Form N-PORT, June 30, 2026; BKSE, SEC Form N-PORT, July 31, 2026.

institutions report holding both, of 46 holding any

FSCS46.6% of its 13F dollars, 37.0% of its 27 holders

BKSE26.9% of its 13F dollars, 34.5% of its 29 holders

Largest institutions holding both

Firm	FSCS	BKSE
LPL Financial LLC	$18.9M	$520K
Royal Bank of Canada	$12K	$5.9M
Osaic Holdings, Inc.	$1.9M	$1.4M
Kestra Advisory Services, LLC	$407K	$2.7M
Integrated Wealth Concepts LLC	$38K	$2.1M
Cetera Investment Advisers	$688K	$858K
Morgan Stanley	$41K	$1.4M
Harbour Investments, Inc.	$168K	$941
Lanark Financial, Inc.	$51K	$23K
Wells Fargo & Company	$39	$96

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: FSCS institutional holders, BKSE institutional holders.

Frequently asked questions

How much do FSCS and BKSE overlap?

4.0% by weight, with 24 holdings in common, using holdings for FSCS as of June 30, 2026 and BKSE as of July 31, 2026. The largest shared position is THG.

Do institutions hold both FSCS and BKSE?

10 Form 13F filers report positions in both, out of 46 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%.