FTLS vs BDVL overlap
48 institutions report holding both FTLS and BDVL.
FTLSBDVL
Pick 2 to 4 ETFs.
We don’t have holdings for BDVL. 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.
48
institutions report holding both, of 320 holding any
FTLS69.9% of its 13F dollars, 18.0% of its 267 holders
BDVL91.2% of its 13F dollars, 47.5% of its 101 holders
Largest institutions holding both
| Firm | FTLS | BDVL |
|---|---|---|
| Envestnet Asset Management Inc. | $34.9M | $892.9M |
| LPL Financial LLC | $174.8M | $357.8M |
| Morgan Stanley | $436.9M | $41K |
| MML Investors Services, LLC | $6.2M | $192.3M |
| Royal Bank of Canada | $197.4M | $91K |
| Ameriprise Financial Inc. | $179.0M | $274K |
| Wells Fargo & Company | $1.2M | $137.2M |
| Cetera Investment Advisers | $41.7M | $76.8M |
| JPMorgan Chase & Co | $398K | $89.5M |
| Cambridge Investment Research Advisors, Inc. | $55.3M | $5.1M |
| Northwestern Mutual Wealth Management Co | $1K | $53.5M |
| Raymond James Financial Inc. | $45.9M | $210K |
| Assetmark, Inc. | $43.2M | $89K |
| Merit Financial Group, LLC | $39.0M | $575K |
| Envestnet Portfolio Solutions, Inc. | $395K | $22.2M |
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: FTLS institutional holders, BDVL institutional holders.
Frequently asked questions
Do institutions hold both FTLS and BDVL?
48 Form 13F filers report positions in both, out of 320 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%.