PMBS vs PFFD overlap
39 institutions report holding both PMBS and PFFD.
PMBSPFFD
Pick 2 to 4 ETFs.
We don’t have holdings for PMBS. 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.
39
institutions report holding both, of 348 holding any
PMBS38.8% of its 13F dollars, 36.8% of its 106 holders
PFFD31.2% of its 13F dollars, 13.9% of its 281 holders
Largest institutions holding both
| Firm | PMBS | PFFD |
|---|---|---|
| Orgel Wealth Management, LLC | $240.5M | $127.6M |
| LPL Financial LLC | $40.2M | $63.5M |
| Envestnet Asset Management Inc. | $15.3M | $47.1M |
| Morgan Stanley | $51K | $52.3M |
| Wealth Enhancement Advisory Services, LLC | $49.4M | $1.9M |
| Cetera Investment Advisers | $7.0M | $27.5M |
| Focus Partners Wealth | $20.5M | $393K |
| NewEdge Advisors, LLC | $19.1M | $1.3M |
| Raymond James Financial Inc. | $7.6M | $12.4M |
| Horizon Investments, LLC | $14.8M | $814 |
| Integrated Wealth Concepts LLC | $12.9M | $62K |
| UBS Group AG | $3K | $12.4M |
| Cambridge Investment Research Advisors, Inc. | $6.1M | $3.3M |
| BNP Paribas Financial Markets | $3.5M | $4.9M |
| Kestra Advisory Services, LLC | $960K | $6.7M |
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: PMBS institutional holders, PFFD institutional holders.
Frequently asked questions
Do institutions hold both PMBS and PFFD?
39 Form 13F filers report positions in both, out of 348 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%.