PY vs BCPL overlap
4 institutions report holding both PY and BCPL.
PYBCPL
Pick 2 to 4 ETFs.
We don’t have holdings for BCPL. 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.
4
institutions report holding both, of 36 holding any
PY0.7% of its 13F dollars, 20.0% of its 20 holders
BCPL2.0% of its 13F dollars, 20.0% of its 20 holders
Largest institutions holding both
| Firm | PY | BCPL |
|---|---|---|
| LPL Financial LLC | $1.7M | $2.5M |
| Cetera Investment Advisers | $255K | $3.0M |
| Morgan Stanley | $74K | $219K |
| Cape Investment Advisory, Inc. | $36K | $88K |
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: PY institutional holders, BCPL institutional holders.
Frequently asked questions
Do institutions hold both PY and BCPL?
4 Form 13F filers report positions in both, out of 36 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%.