QMAG vs NSEP overlap
20 institutions report holding both QMAG and NSEP.
QMAGNSEP
Pick 2 to 4 ETFs.
We don’t have holdings for QMAG, NSEP. 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.
20
institutions report holding both, of 69 holding any
QMAG46.8% of its 13F dollars, 42.5% of its 47 holders
NSEP59.2% of its 13F dollars, 47.6% of its 42 holders
Largest institutions holding both
| Firm | QMAG | NSEP |
|---|---|---|
| Susquehanna International Group, LLP | $502K | $3.2M |
| Raymond James Financial Inc. | $2.4M | $541K |
| Commonwealth Equity Services, LLC | $2.1M | $811K |
| Cambridge Investment Research Advisors, Inc. | $596K | $1.5M |
| Kestra Advisory Services, LLC | $1.1M | $1.0M |
| Cetera Investment Advisers | $1.1M | $906K |
| Citadel Advisors LLC | $1.0M | $846K |
| Old Mission Capital LLC | $804K | $928K |
| Truist Financial Corp. | $363K | $1.2M |
| Envestnet Asset Management Inc. | $512K | $851K |
| Osaic Holdings, Inc. | $108K | $1.3M |
| Diligent Investors, LLC | $322K | $717K |
| MML Investors Services, LLC | $307K | $301K |
| LPL Financial LLC | $356K | $212K |
| Independent Financial Group, LLC | $245K | $297K |
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: QMAG institutional holders, NSEP institutional holders.
Frequently asked questions
Do institutions hold both QMAG and NSEP?
20 Form 13F filers report positions in both, out of 69 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%.