PBMR vs PBAP overlap
11 institutions report holding both PBMR and PBAP.
PBMRPBAP
Pick 2 to 4 ETFs.
We don’t have holdings for PBMR, PBAP. 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.
11
institutions report holding both, of 20 holding any
PBMR93.5% of its 13F dollars, 68.8% of its 16 holders
PBAP97.7% of its 13F dollars, 73.3% of its 15 holders
Largest institutions holding both
| Firm | PBMR | PBAP |
|---|---|---|
| Prudential Financial Inc. | $15.2M | $15.2M |
| Jim Saulnier & Associates, LLC | $2.9M | $2.5M |
| Smith, Moore & Co. | $3.4M | $1.0M |
| Centaurus Financial, Inc. | $139K | $3.2M |
| Commonwealth Equity Services, LLC | $1.8M | $833K |
| Spire Wealth Management | $1.2M | $993K |
| Blue Water Asset Management | $491K | $1.5M |
| Cetera Investment Advisers | $585K | $1.2M |
| Kestra Advisory Services, LLC | $359K | $641K |
| DHJJ Financial Advisors, Ltd. | $389K | $280K |
| Royal Bank of Canada | $121K | $55K |
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: PBMR institutional holders, PBAP institutional holders.
Frequently asked questions
Do institutions hold both PBMR and PBAP?
11 Form 13F filers report positions in both, out of 20 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%.