SECU vs FREL overlap
40 institutions report holding both SECU and FREL.
SECUFREL
Pick 2 to 4 ETFs.
We don’t have holdings for SECU. 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.
40
institutions report holding both, of 279 holding any
SECU65.4% of its 13F dollars, 37.0% of its 108 holders
FREL56.1% of its 13F dollars, 19.0% of its 211 holders
Largest institutions holding both
| Firm | SECU | FREL |
|---|---|---|
| Bank of America Corp. | $18.4M | $306.9M |
| BlackRock, Inc. | $208.5M | $4K |
| Envestnet Asset Management Inc. | $120.5M | $24.5M |
| LPL Financial LLC | $44.1M | $17.8M |
| FMR LLC | $37.1M | $934K |
| Cetera Investment Advisers | $20.0M | $12.2M |
| PNC Financial Services Group, Inc. | $12.6M | $18.6M |
| Commonwealth Equity Services, LLC | $7.0M | $16.1M |
| Morgan Stanley | $13.9M | $5.5M |
| MML Investors Services, LLC | $8.8M | $7.4M |
| Diversify Wealth Management, LLC | $5.5M | $10.6M |
| Diversify Advisory Services, LLC | $5.5M | $10.6M |
| Envestnet Portfolio Solutions, Inc. | $13.8M | $607K |
| Assetmark, Inc. | $12.2M | $7K |
| JPMorgan Chase & Co | $9.8M | $739K |
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: SECU institutional holders, FREL institutional holders.
Frequently asked questions
Do institutions hold both SECU and FREL?
40 Form 13F filers report positions in both, out of 279 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%.