GOVT vs BSV overlap
GOVT and BSV overlap 37.6% by weight, across 104 shared holdings.
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Top shared holdings
| Holding | GOVT | BSV | Overlap |
|---|---|---|---|
| US Treasury N/B | 0.94% | 0.88% | 0.88% |
| US Treasury N/B | 0.98% | 0.81% | 0.81% |
| US Treasury N/BT | 0.78% | 0.77% | 0.77% |
| US Treasury N/B | 0.93% | 0.75% | 0.75% |
| US Treasury N/BT | 0.77% | 0.71% | 0.71% |
| US Treasury N/BT | 0.73% | 0.70% | 0.70% |
| US Treasury N/BT | 0.72% | 0.68% | 0.68% |
| US Treasury N/B | 0.67% | 0.75% | 0.67% |
| US Treasury N/BT | 1.20% | 0.67% | 0.67% |
| US Treasury N/B | 0.63% | 1.12% | 0.63% |
| US Treasury N/BT | 0.78% | 0.63% | 0.63% |
| US Treasury N/BT | 0.60% | 0.75% | 0.60% |
| US Treasury N/BT | 0.59% | 0.63% | 0.59% |
| US Treasury N/BT | 1.01% | 0.57% | 0.57% |
| US Treasury N/B | 0.57% | 0.68% | 0.57% |
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: GOVT, SEC Form N-PORT, July 31, 2026; BSV, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | GOVT | BSV |
|---|---|---|
| Bank of America Corp. | $11.1B | $955.9M |
| JPMorgan Chase & Co | $5.2B | $1.3B |
| Envestnet Asset Management Inc. | $3.8B | $2.5B |
| LPL Financial LLC | $3.7B | $565.7M |
| Mercer Global Advisors Inc. | $7.9M | $3.9B |
| Creative Planning | $9.1M | $3.4B |
| Morgan Stanley | $1.0B | $1.8B |
| Truist Financial Corp. | $1.7B | $169.4M |
| Allworth Financial LP | $476.6M | $1.2B |
| Goldman Sachs Group Inc. | $6.4M | $1.6B |
| PNC Financial Services Group, Inc. | $1.4B | $14.1M |
| Charles Schwab Investment Management Inc. | $1.2B | $168.3M |
| Northern Trust Corp. | $141.3M | $773.9M |
| Assetmark, Inc. | $624.7M | $105.2M |
| Captrust Financial Advisors | $113.1M | $562.2M |
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: GOVT institutional holders, BSV institutional holders.
Frequently asked questions
How much do GOVT and BSV overlap?
37.6% by weight, with 104 holdings in common, using holdings for GOVT as of July 31, 2026 and BSV as of June 30, 2026. The largest shared position is US TREASURY N/B.
Do institutions hold both GOVT and BSV?
494 Form 13F filers report positions in both, out of 1,819 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%.