ITA vs AIRR overlap
ITA and AIRR overlap 3.7% by weight, across 6 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | ITA | AIRR | Overlap |
|---|---|---|---|
| BWX TechnologiesBWXT | 1.25% | 2.97% | 1.25% |
| Huntington IngalHII | 0.77% | 2.44% | 0.77% |
| Kratos Defense &KTOS | 0.66% | 2.43% | 0.66% |
| Mercury SystemsMRCY | 0.45% | 1.24% | 0.45% |
| Karman HoldingsKRMN | 0.32% | 1.88% | 0.32% |
| Leonardo DRS Inc.DRS | 0.23% | 0.77% | 0.23% |
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: ITA, SEC Form N-PORT, June 30, 2026; AIRR, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | ITA | AIRR |
|---|---|---|
| Bank of America Corp. | $731.4M | $1.4B |
| Morgan Stanley | $642.1M | $882.5M |
| LPL Financial LLC | $562.2M | $810.2M |
| Wells Fargo & Company | $353.3M | $357.0M |
| Raymond James Financial Inc. | $185.5M | $379.0M |
| UBS Group AG | $143.7M | $317.1M |
| Cambridge Investment Research Advisors, Inc. | $82.1M | $307.7M |
| Royal Bank of Canada | $149.7M | $198.1M |
| Ameriprise Financial Inc. | $274.6M | $56.9M |
| Osaic Holdings, Inc. | $129.3M | $148.8M |
| Envestnet Asset Management Inc. | $159.0M | $108.8M |
| Northwestern Mutual Wealth Management Co | $149.5M | $68.0M |
| Cetera Investment Advisers | $96.6M | $118.6M |
| BlackRock, Inc. | $190.7M | $259K |
| Commonwealth Equity Services, LLC | $83.3M | $100.8M |
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: ITA institutional holders, AIRR institutional holders.
Frequently asked questions
How much do ITA and AIRR overlap?
3.7% by weight, with 6 holdings in common, using holdings for ITA as of June 30, 2026 and AIRR as of June 30, 2026. The largest shared position is BWXT.
Do institutions hold both ITA and AIRR?
331 Form 13F filers report positions in both, out of 1,278 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%.