ICLO vs IBMR overlap
23 institutions report holding both ICLO and IBMR.
ICLOIBMR
Pick 2 to 4 ETFs.
We don’t have holdings for ICLO. 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.
23
institutions report holding both, of 214 holding any
ICLO43.5% of its 13F dollars, 24.7% of its 93 holders
IBMR23.3% of its 13F dollars, 16.0% of its 144 holders
Largest institutions holding both
| Firm | ICLO | IBMR |
|---|---|---|
| LPL Financial LLC | $98.7M | $7.1M |
| Bank of America Corp. | $2.4M | $43.3M |
| Envestnet Asset Management Inc. | $9.5M | $6.7M |
| Cetera Investment Advisers | $11.7M | $2.1M |
| Modern Wealth Management, LLC | $10.7M | $574K |
| Integrated Wealth Concepts LLC | $4.9M | $4.3M |
| Cambridge Investment Research Advisors, Inc. | $6.5M | $1.4M |
| Jones Financial Companies LLLP | $5.1M | $324K |
| Kestra Advisory Services, LLC | $3.1M | $2.2M |
| Morgan Stanley | $17K | $5.0M |
| Stifel Financial Corp. | $500K | $4.3M |
| Commonwealth Equity Services, LLC | $2.4M | $2.2M |
| Royal Bank of Canada | $1.5M | $2.9M |
| Osaic Holdings, Inc. | $2.2M | $1.1M |
| IFG Advisory, LLC | $2.5M | $102K |
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: ICLO institutional holders, IBMR institutional holders.
Frequently asked questions
Do institutions hold both ICLO and IBMR?
23 Form 13F filers report positions in both, out of 214 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%.