IAUM vs BCI overlap
67 institutions report holding both IAUM and BCI.
IAUMBCI
Pick 2 to 4 ETFs.
We don’t have holdings for IAUM. 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.
67
institutions report holding both, of 403 holding any
IAUM19.6% of its 13F dollars, 25.9% of its 259 holders
BCI27.6% of its 13F dollars, 31.8% of its 211 holders
Largest institutions holding both
| Firm | IAUM | BCI |
|---|---|---|
| Bank of America Corp. | $136.3M | $101.1M |
| Northwestern Mutual Wealth Management Co | $395K | $89.1M |
| Blue Trust, Inc. | $63.3M | $2.5M |
| Morgan Stanley | $109K | $52.6M |
| AlphaCore Capital LLC | $42.9M | $2.5M |
| Empowered Funds, LLC | $2.9M | $41.5M |
| Royal Bank of Canada | $240K | $44.1M |
| Raymond James Financial Inc. | $37.8M | $1.4M |
| Fifth Third Bancorp | $33.7M | $847K |
| Cresset Asset Management, LLC | $305K | $30.9M |
| Vident Advisory, LLC | $27.1M | $742K |
| Envestnet Asset Management Inc. | $11.8M | $14.6M |
| Avestar Capital, LLC | $14.6M | $7.8M |
| Arax Advisory Partners | $4.6M | $16.3M |
| Truist Financial Corp. | $11.6M | $9.2M |
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: IAUM institutional holders, BCI institutional holders.
Frequently asked questions
Do institutions hold both IAUM and BCI?
67 Form 13F filers report positions in both, out of 403 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%.