RING vs DBC overlap
75 institutions report holding both RING and DBC.
RINGDBC
Pick 2 to 4 ETFs.
We don’t have holdings for DBC. 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.
75
institutions report holding both, of 354 holding any
RING49.5% of its 13F dollars, 35.9% of its 209 holders
DBC56.7% of its 13F dollars, 34.1% of its 220 holders
Largest institutions holding both
| Firm | RING | DBC |
|---|---|---|
| Bank of America Corp. | $16.7M | $94.9M |
| Wells Fargo & Company | $16.5M | $81.6M |
| Manufacturers Life Insurance Company, the | $77.9M | $14.1M |
| Morgan Stanley | $40.2M | $43.9M |
| LPL Financial LLC | $25.6M | $37.9M |
| HighTower Advisors, LLC | $19.2M | $1.1M |
| Bank of Montreal | $12.6M | $2.2M |
| Cambridge Investment Research Advisors, Inc. | $11.3M | $3.5M |
| Envestnet Asset Management Inc. | $4.0M | $10.6M |
| JPMorgan Chase & Co | $3.7M | $10.7M |
| Raymond James Financial Inc. | $10.3M | $3.5M |
| Victory Capital Management Inc. | $2.1M | $11.7M |
| Cetera Investment Advisers | $5.5M | $6.7M |
| Quadrature Capital Ltd | $11.4M | $606K |
| Susquehanna International Group, LLP | $3.9M | $6.1M |
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, DBC institutional holders.
Frequently asked questions
Do institutions hold both RING and DBC?
75 Form 13F filers report positions in both, out of 354 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%.