JMTG vs JMBS overlap
JMTG and JMBS overlap 0.3% by weight, across 5 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (JMTG: May 31, 2026, JMBS: July 31, 2026), so market moves and index changes between those dates lower the number. Funds tracking the same index can read well below their true overlap.
Top shared holdings
| Holding | JMTG | JMBS | Overlap |
|---|---|---|---|
| Towd Point Mortgage Trust, Series 2025-FIX2, Class A1 | 0.15% | 0.15% | 0.15% |
| Brean Asset-Backed Securities Trust, Series 2024-RM8, Class A1 | 0.06% | 0.12% | 0.06% |
| Homeward Opportunities Fund Trust, Series 2025-RRTL2, Class A1 | 0.04% | 0.07% | 0.04% |
| FIGRE Trust, Series 2025-HE5, Class B | 0.02% | 0.02% | 0.02% |
| FNMA, REMIC, Series 2010-123, Class FL | 0.00% | 0.00% | 0.00% |
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: JMTG, SEC Form N-PORT, May 31, 2026; JMBS, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | JMTG | JMBS |
|---|---|---|
| JPMorgan Chase & Co | $2.4B | $9.6M |
| Morgan Stanley | $222.0M | $1.4B |
| Bank of America Corp. | $739.7M | $444.9M |
| LPL Financial LLC | $237.3M | $83.1M |
| Hamilton Capital, LLC | $194.9M | $91.6M |
| Ameriprise Financial Inc. | $177.5M | $99.3M |
| Raymond James Financial Inc. | $33.6M | $153.4M |
| Focus Partners Wealth | $34.9M | $127.2M |
| Osaic Holdings, Inc. | $5.2M | $151.3M |
| Wealth Enhancement Advisory Services, LLC | $98.7M | $52.0M |
| Envestnet Asset Management Inc. | $33.5M | $108.9M |
| UBS Group AG | $4.4M | $116.9M |
| Wells Fargo & Company | $32.4M | $82.6M |
| Acropolis Investment Management, LLC | $105.5M | $1.8M |
| Royal Bank of Canada | $771K | $89.5M |
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: JMTG institutional holders, JMBS institutional holders.
Frequently asked questions
How much do JMTG and JMBS overlap?
0.3% by weight, with 5 holdings in common, using holdings for JMTG as of May 31, 2026 and JMBS as of July 31, 2026. The largest shared position is Towd Point Mortgage Trust, Series 2025-FIX2, Class A1.
Do institutions hold both JMTG and JMBS?
74 Form 13F filers report positions in both, out of 364 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%.