FWD vs BOXX overlap
54 institutions report holding both FWD and BOXX.
FWDBOXX
Pick 2 to 4 ETFs.
We don’t have holdings for BOXX. 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.
54
institutions report holding both, of 438 holding any
FWD29.7% of its 13F dollars, 45.4% of its 119 holders
BOXX27.6% of its 13F dollars, 14.5% of its 373 holders
Largest institutions holding both
| Firm | FWD | BOXX |
|---|---|---|
| LPL Financial LLC | $224.0M | $3.0M |
| Wealth Enhancement Advisory Services, LLC | $1.8M | $162.4M |
| Cambridge Investment Research Advisors, Inc. | $19.6M | $133.7M |
| Bank of America Corp. | $88.4M | $222K |
| Rockefeller Capital Management L.P. | $5.6M | $81.4M |
| Betterment LLC | $85.9M | $544K |
| Integrated Wealth Concepts LLC | $73.6M | $7.7M |
| HighTower Advisors, LLC | $986K | $46.1M |
| MML Investors Services, LLC | $8.8M | $34.8M |
| JPMorgan Chase & Co | $866 | $36.0M |
| Envestnet Asset Management Inc. | $23.3M | $7.2M |
| Northwestern Mutual Wealth Management Co | $26.8M | $643K |
| UBS Group AG | $24.2M | $154K |
| Raymond James Financial Inc. | $23.2M | $569K |
| Jane Street Group, LLC | $19.1M | $1.2M |
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: FWD institutional holders, BOXX institutional holders.
Frequently asked questions
Do institutions hold both FWD and BOXX?
54 Form 13F filers report positions in both, out of 438 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%.