RING vs BITB overlap
59 institutions report holding both RING and BITB.
RINGBITB
Pick 2 to 4 ETFs.
We don’t have holdings for BITB. 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.
59
institutions report holding both, of 421 holding any
RING32.4% of its 13F dollars, 28.2% of its 209 holders
BITB26.3% of its 13F dollars, 21.8% of its 271 holders
Largest institutions holding both
| Firm | RING | BITB |
|---|---|---|
| Wells Fargo & Company | $16.5M | $44.0M |
| Morgan Stanley | $40.2M | $7.5M |
| PNC Financial Services Group, Inc. | $1K | $28.9M |
| Bank of America Corp. | $16.7M | $10.1M |
| LPL Financial LLC | $25.6M | $528K |
| Cambridge Investment Research Advisors, Inc. | $11.3M | $10.7M |
| HighTower Advisors, LLC | $19.2M | $2.4M |
| Proficio Capital Partners LLC | $14.5M | $2.0M |
| Quadrature Capital Ltd | $11.4M | $3.7M |
| Raymond James Financial Inc. | $10.3M | $227K |
| Susquehanna International Group, LLP | $3.9M | $4.0M |
| Envestnet Asset Management Inc. | $4.0M | $3.9M |
| Osaic Holdings, Inc. | $6.0M | $287K |
| Sanctuary Advisors, LLC | $699K | $5.5M |
| Royal Bank of Canada | $6.1M | $6K |
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: RING institutional holders, BITB institutional holders.
Frequently asked questions
Do institutions hold both RING and BITB?
59 Form 13F filers report positions in both, out of 421 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%.