NATO vs IBOT overlap

NATO and IBOT overlap 1.4% by weight, across 1 shared holdings.

NATOIBOT

Pick 2 to 4 ETFs.

1.4%

overlap by weight, across 1 shared holdings

NATO1.4% of the fund is in shared holdings, of 84

IBOT2.4% of the fund is in shared holdings, of 65

Top shared holdings

Holding	NATO	IBOT	Overlap
Teledyne TechTDY	1.43%	2.36%	1.43%

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: NATO, SEC Form N-PORT, June 30, 2026; IBOT, SEC Form N-PORT, June 30, 2026.

institutions report holding both, of 55 holding any

NATO54.9% of its 13F dollars, 17.9% of its 28 holders

IBOT5.1% of its 13F dollars, 15.6% of its 32 holders

Largest institutions holding both

Firm	NATO	IBOT
LPL Financial LLC	$6.7M	$597K
Commonwealth Equity Services, LLC	$3.9M	$360K
Cetera Investment Advisers	$2.6M	$309K
Steward Partners Investment Advisory, LLC	$2.1M	$110K
Harbour Investments, Inc.	$7K	$12K

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: NATO institutional holders, IBOT institutional holders.

Frequently asked questions

How much do NATO and IBOT overlap?

1.4% by weight, with 1 holdings in common, using holdings for NATO as of June 30, 2026 and IBOT as of June 30, 2026. The largest shared position is TDY.

Do institutions hold both NATO and IBOT?

5 Form 13F filers report positions in both, out of 55 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%.