QTOP vs LSAF overlap
10 institutions report holding both QTOP and LSAF.
QTOPLSAF
Pick 2 to 4 ETFs.
We don’t have holdings for LSAF. 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.
10
institutions report holding both, of 64 holding any
QTOP22.6% of its 13F dollars, 20.4% of its 49 holders
LSAF37.5% of its 13F dollars, 40.0% of its 25 holders
Largest institutions holding both
| Firm | QTOP | LSAF |
|---|---|---|
| LPL Financial LLC | $18.8M | $30.2M |
| Cetera Investment Advisers | $1.1M | $5.8M |
| Private Advisor Group, LLC | $865K | $1.6M |
| Susquehanna International Group, LLP | $1.4M | $339K |
| Cambridge Investment Research Advisors, Inc. | $536K | $1.1M |
| Goldman Sachs Group Inc. | $864K | $719K |
| Steward Partners Investment Advisory, LLC | $278K | $111K |
| Osaic Holdings, Inc. | $221K | $21K |
| FMR LLC | $10K | $116K |
| Vanguard Advisers Inc. | $1K | $18K |
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: QTOP institutional holders, LSAF institutional holders.
Frequently asked questions
Do institutions hold both QTOP and LSAF?
10 Form 13F filers report positions in both, out of 64 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%.