HELO vs BALT overlap
109 institutions report holding both HELO and BALT.
HELOBALT
Pick 2 to 4 ETFs.
We don’t have holdings for BALT. 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.
109
institutions report holding both, of 579 holding any
HELO46.9% of its 13F dollars, 27.9% of its 390 holders
BALT51.7% of its 13F dollars, 36.6% of its 298 holders
Largest institutions holding both
| Firm | HELO | BALT |
|---|---|---|
| LPL Financial LLC | $244.3M | $82.0M |
| Raymond James Financial Inc. | $126.8M | $94.5M |
| Envestnet Asset Management Inc. | $116.8M | $66.5M |
| Cetera Investment Advisers | $113.5M | $60.7M |
| Osaic Holdings, Inc. | $75.7M | $93.0M |
| Wealth Enhancement Advisory Services, LLC | $127.7M | $1.5M |
| Commonwealth Equity Services, LLC | $47.0M | $42.4M |
| Cambridge Investment Research Advisors, Inc. | $66.2M | $16.5M |
| HighTower Advisors, LLC | $69.7M | $3.4M |
| UBS Group AG | $59.4M | $51K |
| Brookstone Capital Management | $24.2M | $34.5M |
| Focus Partners Wealth | $55.7M | $1.3M |
| Foundations Investment Advisors, LLC | $5.3M | $47.4M |
| MML Investors Services, LLC | $37.5M | $6.5M |
| NewEdge Advisors, LLC | $12.6M | $24.6M |
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: HELO institutional holders, BALT institutional holders.
Frequently asked questions
Do institutions hold both HELO and BALT?
109 Form 13F filers report positions in both, out of 579 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%.