RWM vs IPAY overlap
10 institutions report holding both RWM and IPAY.
RWMIPAY
Pick 2 to 4 ETFs.
We don’t have holdings for IPAY. 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 95 holding any
RWM25.6% of its 13F dollars, 26.3% of its 38 holders
IPAY19.1% of its 13F dollars, 14.9% of its 67 holders
Largest institutions holding both
| Firm | RWM | IPAY |
|---|---|---|
| LPL Financial LLC | $3.2M | $1.9M |
| Morgan Stanley | $4.1M | $161K |
| Susquehanna International Group, LLP | $653K | $2.0M |
| GTS Securities LLC | $191K | $975K |
| Oppenheimer & Co Inc. | $637K | $344K |
| Flow Traders U.S. LLC | $170K | $702K |
| Osaic Holdings, Inc. | $665 | $738K |
| Qube Research & Technologies Ltd | $316K | $10K |
| JPMorgan Chase & Co | $35K | $76 |
| Wells Fargo & Company | $10 | $39 |
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: RWM institutional holders, IPAY institutional holders.
Frequently asked questions
Do institutions hold both RWM and IPAY?
10 Form 13F filers report positions in both, out of 95 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%.