PBDC vs MBSD overlap
8 institutions report holding both PBDC and MBSD.
PBDCMBSD
Pick 2 to 4 ETFs.
We don’t have holdings for PBDC. 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.
8
institutions report holding both, of 86 holding any
PBDC5.1% of its 13F dollars, 12.5% of its 64 holders
MBSD13.5% of its 13F dollars, 26.7% of its 30 holders
Largest institutions holding both
| Firm | PBDC | MBSD |
|---|---|---|
| Morgan Stanley | $10K | $7.2M |
| LPL Financial LLC | $2.5M | $598K |
| Cambridge Investment Research Advisors, Inc. | $600K | $1.1M |
| Raymond James Financial Inc. | $385K | $1.2M |
| Osaic Holdings, Inc. | $322K | $230K |
| Rockefeller Capital Management L.P. | $103K | $17K |
| EverSource Wealth Advisors, LLC | $27K | $12K |
| Royal Bank of Canada | $7K | $11K |
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: PBDC institutional holders, MBSD institutional holders.
Frequently asked questions
Do institutions hold both PBDC and MBSD?
8 Form 13F filers report positions in both, out of 86 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%.