IBHI vs CPLB overlap

IBHI and CPLB overlap 3.3% by weight, across 65 shared holdings.

IBHICPLB

Pick 2 to 4 ETFs.

3.3%

overlap by weight, across 65 shared holdings

IBHI23.2% of the fund is in shared holdings, of 370

CPLB3.3% of the fund is in shared holdings, of 951

Top shared holdings

Holding	IBHI	CPLB	Overlap
JAZZ Securities	0.54%	0.25%	0.25%
Cloud Sftwr GRPTIBX	1.40%	0.13%	0.13%
Arcosa Inc.	0.14%	0.11%	0.11%
SK Invictus INT	0.24%	0.11%	0.11%
CLAR SCI HLD CRPCLVTSC	0.31%	0.11%	0.11%
LCM InvestmentsMAGLLC	0.36%	0.10%	0.10%
Centene Corp.	1.25%	0.10%	0.10%
Simmons Foods inSIMFOO	0.30%	0.09%	0.09%
Comstock RE Inc.CRK	0.43%	0.09%	0.09%
Innophos Holding	0.16%	0.08%	0.08%
Lamar Media Corp.LAMR	0.15%	0.08%	0.08%
Buckeye Partners	0.22%	0.07%	0.07%
ITT Holdings LLCINTMAT	0.44%	0.07%	0.07%
TGNR IntermediatRCKENE	0.25%	0.07%	0.07%
RHP Hotel PPTY	0.21%	0.07%	0.07%

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: IBHI, SEC Form N-PORT, July 31, 2026; CPLB, SEC Form N-PORT, July 31, 2026.

institutions report holding both, of 101 holding any

IBHI17.3% of its 13F dollars, 9.7% of its 93 holders

CPLB12.1% of its 13F dollars, 52.9% of its 17 holders

Largest institutions holding both

Firm	IBHI	CPLB
Morgan Stanley	$36.4M	$17.8M
Cambridge Investment Research Advisors, Inc.	$6.6M	$8.6M
Envestnet Asset Management Inc.	$3.4M	$10.3M
Stratos Wealth Partners, LTD.	$5.2M	$527K
Jane Street Group, LLC	$1.4M	$619K
Cetera Investment Advisers	$743K	$895K
UBS Group AG	$1.0M	$5K
Royal Bank of Canada	$865K	$37K
Osaic Holdings, Inc.	$494K	$302K

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: IBHI institutional holders, CPLB institutional holders.

Frequently asked questions

How much do IBHI and CPLB overlap?

3.3% by weight, with 65 holdings in common, using holdings for IBHI as of July 31, 2026 and CPLB as of July 31, 2026. The largest shared position is JAZZ SECURITIES.

Do institutions hold both IBHI and CPLB?

9 Form 13F filers report positions in both, out of 101 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%.