FTDS vs COWS overlap
8 institutions report holding both FTDS and COWS.
FTDSCOWS
Pick 2 to 4 ETFs.
We don’t have holdings for COWS. 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.
8
institutions report holding both, of 51 holding any
FTDS60.0% of its 13F dollars, 20.0% of its 40 holders
COWS59.6% of its 13F dollars, 42.1% of its 19 holders
Largest institutions holding both
| Firm | FTDS | COWS |
|---|---|---|
| LPL Financial LLC | $9.2M | $7.6M |
| Cetera Investment Advisers | $328K | $1.7M |
| Envestnet Asset Management Inc. | $753K | $709K |
| Rockefeller Capital Management L.P. | $191K | $693K |
| Osaic Holdings, Inc. | $151K | $671K |
| Cambridge Investment Research Advisors, Inc. | $227K | $430K |
| Morgan Stanley | $655K | $65 |
| Harbour Investments, Inc. | $137K | $108K |
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: FTDS institutional holders, COWS institutional holders.
Frequently asked questions
Do institutions hold both FTDS and COWS?
8 Form 13F filers report positions in both, out of 51 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%.