PTBD vs NMB overlap
3 institutions report holding both PTBD and NMB.
PTBDNMB
Pick 2 to 4 ETFs.
We don’t have holdings for NMB. 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.
3
institutions report holding both, of 55 holding any
PTBD4.4% of its 13F dollars, 6.0% of its 50 holders
NMB9.7% of its 13F dollars, 37.5% of its 8 holders
Largest institutions holding both
| Firm | PTBD | NMB |
|---|---|---|
| JPMorgan Chase & Co | $13 | $3.7M |
| Envestnet Asset Management Inc. | $1.2M | $706K |
| Royal Bank of Canada | $1.1M | $708K |
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: PTBD institutional holders, NMB institutional holders.
Frequently asked questions
Do institutions hold both PTBD and NMB?
3 Form 13F filers report positions in both, out of 55 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%.