IBTK vs HFSI overlap
IBTK and HFSI overlap 1.9% by weight, across 1 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | IBTK | HFSI | Overlap |
|---|---|---|---|
| US Treasury N/BT | 4.63% | 1.87% | 1.87% |
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: IBTK, SEC Form N-PORT, July 31, 2026; HFSI, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | IBTK | HFSI |
|---|---|---|
| Bank of America Corp. | $39.7M | $74.1M |
| Northwestern Mutual Wealth Management Co | $3.3M | $91.4M |
| Raymond James Financial Inc. | $8.3M | $55.7M |
| Envestnet Asset Management Inc. | $27.0M | $13.1M |
| Modern Wealth Management, LLC | $525K | $27.2M |
| Osaic Holdings, Inc. | $2.1M | $25.3M |
| MML Investors Services, LLC | $20.7M | $3.2M |
| Royal Bank of Canada | $9.7M | $13.7M |
| LPL Financial LLC | $7.7M | $7.4M |
| Stifel Financial Corp. | $2.1M | $10.8M |
| Commonwealth Equity Services, LLC | $5.3M | $6.3M |
| Focus Partners Wealth | $568K | $9.0M |
| Morgan Stanley | $9.4M | $6K |
| Cetera Investment Advisers | $7.0M | $1.2M |
| Sanctuary Advisors, LLC | $3.1M | $5.1M |
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: IBTK institutional holders, HFSI institutional holders.
Frequently asked questions
How much do IBTK and HFSI overlap?
1.9% by weight, with 1 holdings in common, using holdings for IBTK as of July 31, 2026 and HFSI as of July 31, 2026. The largest shared position is T.
Do institutions hold both IBTK and HFSI?
22 Form 13F filers report positions in both, out of 232 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%.