IBHF vs BBAG overlap
IBHF and BBAG overlap 0.1% by weight, across 6 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (IBHF: July 31, 2026, BBAG: May 31, 2026), so market moves and index changes between those dates lower the number. Funds tracking the same index can read well below their true overlap.
Top shared holdings
| Holding | IBHF | BBAG | Overlap |
|---|---|---|---|
| American Tower Corp | 0.61% | 0.02% | 0.02% |
| Westinghouse Air Brake Technologies Corp | 0.69% | 0.02% | 0.02% |
| Canadian Pacific Railway Co | 0.88% | 0.01% | 0.01% |
| Allstate Corp. | 0.60% | 0.01% | 0.01% |
| Kinder Morgan Inc | 0.53% | 0.00% | 0.00% |
| Southwestern Electric Power Co | 0.13% | 0.00% | 0.00% |
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: IBHF, SEC Form N-PORT, July 31, 2026; BBAG, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | IBHF | BBAG |
|---|---|---|
| LPL Financial LLC | $50.5M | $34.2M |
| Morgan Stanley | $30.6M | $15.3M |
| Bank of America Corp. | $16.0M | $3.6M |
| Wells Fargo & Company | $18.1M | $3K |
| Citadel Advisors LLC | $11.5M | $5.1M |
| Raymond James Financial Inc. | $14.9M | $914K |
| Cetera Investment Advisers | $9.6M | $6.0M |
| Cambridge Investment Research Advisors, Inc. | $8.9M | $3.1M |
| Integrated Wealth Concepts LLC | $10.6M | $651K |
| Envestnet Asset Management Inc. | $374K | $10.5M |
| HighTower Advisors, LLC | $672K | $7.6M |
| Osaic Holdings, Inc. | $2.5M | $2.6M |
| Kestra Advisory Services, LLC | $1.1M | $4.0M |
| Jane Street Group, LLC | $4.7M | $334K |
| Northwestern Mutual Wealth Management Co | $5.0M | $6K |
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: IBHF institutional holders, BBAG institutional holders.
Frequently asked questions
How much do IBHF and BBAG overlap?
0.1% by weight, with 6 holdings in common, using holdings for IBHF as of July 31, 2026 and BBAG as of May 31, 2026. The largest shared position is American Tower Corp.
Do institutions hold both IBHF and BBAG?
35 Form 13F filers report positions in both, out of 246 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%.