IDEF vs FTEC overlap
142 institutions report holding both IDEF and FTEC.
IDEFFTEC
Pick 2 to 4 ETFs.
We don’t have holdings for IDEF. 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.
142
institutions report holding both, of 788 holding any
IDEF91.3% of its 13F dollars, 51.3% of its 277 holders
FTEC38.1% of its 13F dollars, 21.8% of its 653 holders
Largest institutions holding both
| Firm | IDEF | FTEC |
|---|---|---|
| Envestnet Asset Management Inc. | $1.7B | $191.2M |
| LPL Financial LLC | $529.8M | $219.4M |
| Morgan Stanley | $192.6M | $116.3M |
| Commonwealth Equity Services, LLC | $48.7M | $190.9M |
| Cambridge Investment Research Advisors, Inc. | $45.4M | $147.1M |
| MML Investors Services, LLC | $141.0M | $14.1M |
| Park Avenue Securities LLC | $152.2M | $1.7M |
| Envestnet Portfolio Solutions, Inc. | $140.7M | $886K |
| Cetera Investment Advisers | $104.3M | $28.2M |
| JPMorgan Chase & Co | $84.9M | $43.1M |
| Mercer Global Advisors Inc. | $1.4M | $102.1M |
| Osaic Holdings, Inc. | $6.2M | $85.9M |
| Northwestern Mutual Wealth Management Co | $3K | $91.4M |
| Janney Montgomery Scott LLC | $85.0M | $4.0M |
| Bank of New York Mellon Corp | $78.7M | $3.7M |
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: IDEF institutional holders, FTEC institutional holders.
Frequently asked questions
Do institutions hold both IDEF and FTEC?
142 Form 13F filers report positions in both, out of 788 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%.