SEPW vs NMAR overlap
17 institutions report holding both SEPW and NMAR.
SEPWNMAR
Pick 2 to 4 ETFs.
We don’t have holdings for SEPW, NMAR. 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.
17
institutions report holding both, of 81 holding any
SEPW52.6% of its 13F dollars, 32.1% of its 53 holders
NMAR20.3% of its 13F dollars, 37.8% of its 45 holders
Largest institutions holding both
| Firm | SEPW | NMAR |
|---|---|---|
| Commonwealth Equity Services, LLC | $16.6M | $1.6M |
| Cetera Investment Advisers | $1.6M | $4.9M |
| Susquehanna International Group, LLP | $2.2M | $4.3M |
| Osaic Holdings, Inc. | $5.5M | $688K |
| Raymond James Financial Inc. | $4.5M | $758K |
| LPL Financial LLC | $3.4M | $1.3M |
| Cambridge Investment Research Advisors, Inc. | $2.8M | $594K |
| Kestra Advisory Services, LLC | $1.9M | $480K |
| Envestnet Asset Management Inc. | $1.1M | $641K |
| AE Wealth Management LLC | $1.1M | $226K |
| Old Mission Capital LLC | $587K | $388K |
| MML Investors Services, LLC | $436K | $383K |
| Merit Financial Group, LLC | $283K | $465K |
| Harbour Investments, Inc. | $581K | $12K |
| IFP Advisors, Inc | $30K | $129K |
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: SEPW institutional holders, NMAR institutional holders.
Frequently asked questions
Do institutions hold both SEPW and NMAR?
17 Form 13F filers report positions in both, out of 81 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%.