SHYM vs IBTL overlap
32 institutions report holding both SHYM and IBTL.
SHYMIBTL
Pick 2 to 4 ETFs.
We don’t have holdings for SHYM. 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.
32
institutions report holding both, of 251 holding any
SHYM35.2% of its 13F dollars, 21.3% of its 150 holders
IBTL36.8% of its 13F dollars, 24.1% of its 133 holders
Largest institutions holding both
| Firm | SHYM | IBTL |
|---|---|---|
| LPL Financial LLC | $59.1M | $1.9M |
| Wells Fargo & Company | $7 | $51.4M |
| Envestnet Asset Management Inc. | $17.1M | $18.0M |
| Commonwealth Equity Services, LLC | $29.7M | $639K |
| BlackRock, Inc. | $62K | $26.4M |
| Osaic Holdings, Inc. | $18.8M | $512K |
| HighTower Advisors, LLC | $8.3M | $8.1M |
| Morgan Stanley | $33 | $14.8M |
| NewEdge Advisors, LLC | $847K | $13.7M |
| Park Avenue Securities LLC | $1.1M | $9.5M |
| United Capital Financial Advisors, LLC | $2.2M | $8.0M |
| Cambridge Investment Research Advisors, Inc. | $8.8M | $434K |
| Trust Co | $6.4M | $169K |
| Janney Montgomery Scott LLC | $2.4M | $3.2M |
| Parallel Advisors, LLC | $314K | $4.3M |
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: SHYM institutional holders, IBTL institutional holders.
Frequently asked questions
Do institutions hold both SHYM and IBTL?
32 Form 13F filers report positions in both, out of 251 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%.