LQD vs BND overlap
LQD and BND overlap 13.6% by weight, across 2,853 shared holdings.
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Top shared holdings
| Holding | LQD | BND | Overlap |
|---|---|---|---|
| T-Mobile USA Inc.TMUS | 0.16% | 0.04% | 0.04% |
| Morgan Stanley | 0.06% | 0.04% | 0.04% |
| Goldman Sachs GP | 0.07% | 0.04% | 0.04% |
| Morgan StanleyMS | 0.07% | 0.03% | 0.03% |
| PNC FinancialPNC | 0.04% | 0.03% | 0.03% |
| Anheuser-Busch | 0.20% | 0.03% | 0.03% |
| Boeing CoBA | 0.14% | 0.03% | 0.03% |
| Boeing CoBA | 0.09% | 0.03% | 0.03% |
| JPMorgan ChaseJPM | 0.06% | 0.03% | 0.03% |
| Goldman Sachs GPGS | 0.09% | 0.03% | 0.03% |
| Goldman Sachs GPGS | 0.04% | 0.03% | 0.03% |
| Goldman Sachs GPGS | 0.06% | 0.03% | 0.03% |
| Bank of AMER CRPBAC | 0.11% | 0.03% | 0.03% |
| META PlatformsMETA | 0.08% | 0.02% | 0.02% |
| Citigroup Inc.C | 0.07% | 0.02% | 0.02% |
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: LQD, SEC Form N-PORT, May 31, 2026; BND, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | LQD | BND |
|---|---|---|
| JPMorgan Chase & Co | $224.5M | $11.5B |
| Morgan Stanley | $1.9B | $9.2B |
| Northwestern Mutual Wealth Management Co | $80.2M | $10.4B |
| Creative Planning | $75.6M | $9.6B |
| Bank of America Corp. | $2.8B | $2.0B |
| Vanguard Advisers Inc. | $24K | $4.6B |
| BlackRock, Inc. | $2.1B | $611.2M |
| Wells Fargo & Company | $508.9M | $2.1B |
| Savant Capital, LLC | $7.7M | $2.6B |
| Envestnet Asset Management Inc. | $665.5M | $1.8B |
| LPL Financial LLC | $487.5M | $1.5B |
| Goldman Sachs Group Inc. | $817.4M | $1.1B |
| Wealthfront Advisers LLC | $1.4B | $134.9M |
| Allworth Financial LP | $682K | $1.4B |
| Financial Engines Advisors L.L.C. | $1.2B | $71.0M |
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: LQD institutional holders, BND institutional holders.
Frequently asked questions
How much do LQD and BND overlap?
13.6% by weight, with 2,853 holdings in common, using holdings for LQD as of May 31, 2026 and BND as of June 30, 2026. The largest shared position is TMUS.
Do institutions hold both LQD and BND?
643 Form 13F filers report positions in both, out of 2,294 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%.