PBTP vs IBIF overlap
PBTP and IBIF overlap 23.4% by weight, across 6 shared holdings.
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Top shared holdings
| Holding | PBTP | IBIF | Overlap |
|---|---|---|---|
| TSY INFL IX N/B | 4.55% | 17.51% | 4.55% |
| TSY INFL IX N/B | 4.49% | 24.55% | 4.49% |
| TSY INFL IX N/B | 4.28% | 23.67% | 4.28% |
| TSY INFL IX N/B | 4.27% | 15.13% | 4.27% |
| TSY INFL IX N/B | 3.78% | 10.53% | 3.78% |
| TSY INFL IX N/B | 2.03% | 8.03% | 2.03% |
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: PBTP, SEC Form N-PORT, July 31, 2026; IBIF, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | PBTP | IBIF |
|---|---|---|
| LPL Financial LLC | $22.0M | $399K |
| Raymond James Financial Inc. | $1.2M | $14.3M |
| Commonwealth Equity Services, LLC | $4.8M | $259K |
| BlackRock, Inc. | $33K | $4.5M |
| Osaic Holdings, Inc. | $573K | $1.3M |
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: PBTP institutional holders, IBIF institutional holders.
Frequently asked questions
How much do PBTP and IBIF overlap?
23.4% by weight, with 6 holdings in common, using holdings for PBTP as of July 31, 2026 and IBIF as of July 31, 2026. The largest shared position is TSY INFL IX N/B.
Do institutions hold both PBTP and IBIF?
5 Form 13F filers report positions in both, out of 50 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%.