IBDV vs FLCB overlap
IBDV and FLCB overlap 2.3% by weight, across 19 shared holdings.
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Top shared holdings
| Holding | IBDV | FLCB | Overlap |
|---|---|---|---|
| Energy Trans | 0.22% | 0.20% | 0.20% |
| Novartis Capital | 0.31% | 0.19% | 0.19% |
| Regeneron Pharm | 0.18% | 0.23% | 0.18% |
| Southern CoSO | 0.16% | 0.19% | 0.16% |
| VICI Propertie | 0.18% | 0.16% | 0.16% |
| Royalty PharmaRPRX | 0.15% | 0.15% | 0.15% |
| Exelon Corp. | 0.22% | 0.14% | 0.14% |
| Fiserv Inc. | 0.18% | 0.14% | 0.14% |
| Huntington Bancs | 0.13% | 0.14% | 0.13% |
| DUKE Energy COR | 0.12% | 0.12% | 0.12% |
| Flex Ltd. | 0.11% | 0.10% | 0.10% |
| T-Mobile USA Inc.TMUS | 1.16% | 0.10% | 0.10% |
| Marvell Tech Inc.MRVL | 0.10% | 0.20% | 0.10% |
| Unitedhealth GRP | 0.24% | 0.09% | 0.09% |
| McCormick | 0.09% | 0.13% | 0.09% |
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: IBDV, SEC Form N-PORT, July 31, 2026; FLCB, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | IBDV | FLCB |
|---|---|---|
| Bank of America Corp. | $209.6M | $46.1M |
| LPL Financial LLC | $32.6M | $136.4M |
| Morgan Stanley | $97.5M | $42.3M |
| Aptus Capital Advisors, LLC | $134.1M | $8K |
| Raymond James Financial Inc. | $95.4M | $7.9M |
| Ameriprise Financial Inc. | $14.9M | $67.7M |
| Sanctuary Advisors, LLC | $9.7M | $69.3M |
| Wells Fargo & Company | $65.8M | $2.2M |
| Janney Montgomery Scott LLC | $14.2M | $52.8M |
| Bank of New York Mellon Corp | $742K | $65.8M |
| UBS Group AG | $66.0M | $107 |
| Jones Financial Companies LLLP | $3.8M | $56.2M |
| Royal Bank of Canada | $54.6M | $1.9M |
| Envestnet Asset Management Inc. | $10.1M | $30.3M |
| JPMorgan Chase & Co | $157K | $28.6M |
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: IBDV institutional holders, FLCB institutional holders.
Frequently asked questions
How much do IBDV and FLCB overlap?
2.3% by weight, with 19 holdings in common, using holdings for IBDV as of July 31, 2026 and FLCB as of June 30, 2026. The largest shared position is ENERGY TRANS.
Do institutions hold both IBDV and FLCB?
44 Form 13F filers report positions in both, out of 385 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%.