MGNR vs FSTA overlap

MGNR and FSTA overlap 1.4% by weight, across 3 shared holdings.

MGNRFSTA

Pick 2 to 4 ETFs.

1.4%

overlap by weight, across 3 shared holdings

MGNR8.3% of the fund is in shared holdings, of 40

FSTA1.4% of the fund is in shared holdings, of 93

Top shared holdings

Holding	MGNR	FSTA	Overlap
Bunge Global SABG	3.17%	0.60%	0.60%
Darling IngredieDAR	3.61%	0.52%	0.52%
Andersons Inc.ANDE	1.46%	0.28%	0.28%

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: MGNR, SEC Form N-PORT, July 31, 2026; FSTA, SEC Form N-PORT, July 31, 2026.

institutions report holding both, of 263 holding any

MGNR46.4% of its 13F dollars, 38.3% of its 81 holders

FSTA21.8% of its 13F dollars, 14.6% of its 213 holders

Largest institutions holding both

Firm	MGNR	FSTA
Morgan Stanley	$90.0M	$11.8M
LPL Financial LLC	$34.0M	$24.5M
Osaic Holdings, Inc.	$32.3M	$25.0M
Wealth Enhancement Advisory Services, LLC	$44.1M	$235K
Janney Montgomery Scott LLC	$26.6M	$217K
Commonwealth Equity Services, LLC	$438K	$21.4M
NewEdge Advisors, LLC	$10.1M	$4.5M
Envestnet Asset Management Inc.	$9.7M	$3.4M
AlphaCore Capital LLC	$9.7M	$150K
Cambridge Investment Research Advisors, Inc.	$1.3M	$7.9M
Kestra Advisory Services, LLC	$2.7M	$5.6M
Stifel Financial Corp.	$896K	$5.0M
Bank of America Corp.	$1.4M	$3.4M
UBS Group AG	$4K	$4.6M
Northwestern Mutual Wealth Management Co	$2.5M	$1.2M

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: MGNR institutional holders, FSTA institutional holders.

Frequently asked questions

How much do MGNR and FSTA overlap?

1.4% by weight, with 3 holdings in common, using holdings for MGNR as of July 31, 2026 and FSTA as of July 31, 2026. The largest shared position is BG.

Do institutions hold both MGNR and FSTA?

31 Form 13F filers report positions in both, out of 263 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%.