PSTP vs DMAX overlap
12 institutions report holding both PSTP and DMAX.
PSTPDMAX
Pick 2 to 4 ETFs.
We don’t have holdings for PSTP. 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.
12
institutions report holding both, of 88 holding any
PSTP33.4% of its 13F dollars, 22.2% of its 54 holders
DMAX7.7% of its 13F dollars, 26.1% of its 46 holders
Largest institutions holding both
| Firm | PSTP | DMAX |
|---|---|---|
| Commonwealth Equity Services, LLC | $11.7M | $370K |
| Cetera Investment Advisers | $5.1M | $995K |
| AE Wealth Management LLC | $5.7M | $6K |
| Envestnet Asset Management Inc. | $2.8M | $2.5M |
| Susquehanna International Group, LLP | $2.2M | $729K |
| Kestra Advisory Services, LLC | $1.2M | $1.5M |
| Farther Finance Advisors, LLC | $2.3M | $64K |
| Citadel Advisors LLC | $716K | $745K |
| Old Mission Capital LLC | $733K | $329K |
| Harbour Investments, Inc. | $249K | $46K |
| JPMorgan Chase & Co | $12K | $189K |
| IFP Advisors, Inc | $37 | $2K |
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: PSTP institutional holders, DMAX institutional holders.
Frequently asked questions
Do institutions hold both PSTP and DMAX?
12 Form 13F filers report positions in both, out of 88 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%.