QARP vs ETHO overlap
11 institutions report holding both QARP and ETHO.
QARPETHO
Pick 2 to 4 ETFs.
We don’t have holdings for ETHO. 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.
11
institutions report holding both, of 82 holding any
QARP10.8% of its 13F dollars, 37.9% of its 29 holders
ETHO14.7% of its 13F dollars, 17.2% of its 64 holders
Largest institutions holding both
| Firm | QARP | ETHO |
|---|---|---|
| LPL Financial LLC | $1.6M | $3.5M |
| Osaic Holdings, Inc. | $436K | $1.7M |
| Creative Planning | $1.5M | $236K |
| Cambridge Investment Research Advisors, Inc. | $600K | $448K |
| Kestra Advisory Services, LLC | $309K | $472K |
| Cetera Investment Advisers | $355K | $419K |
| Royal Bank of Canada | $436K | $338K |
| FMR LLC | $4K | $110K |
| Morgan Stanley | $29K | $36K |
| Wells Fargo & Company | $23K | $24 |
| Assetmark, Inc. | $19K | $725 |
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: QARP institutional holders, ETHO institutional holders.
Frequently asked questions
Do institutions hold both QARP and ETHO?
11 Form 13F filers report positions in both, out of 82 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%.