MEMA vs BITS overlap
1 institutions report holding both MEMA and BITS.
MEMABITS
Pick 2 to 4 ETFs.
We don’t have holdings for MEMA. 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.
1
institutions report holding both, of 14 holding any
MEMA100.0% of its 13F dollars, 100.0% of its 1 holders
BITS57.2% of its 13F dollars, 7.1% of its 14 holders
Largest institutions holding both
| Firm | MEMA | BITS |
|---|---|---|
| Jane Street Group, LLC | $985K | $551K |
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: MEMA institutional holders, BITS institutional holders.
Frequently asked questions
Do institutions hold both MEMA and BITS?
1 Form 13F filers report positions in both, out of 14 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%.