SMBS vs GBIL overlap
SMBS and GBIL overlap 0.0% by weight, across 0 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
These funds hold nothing in common.
Overlap by weight adds up the smaller weight of each holding the funds share, so 100% means identical portfolios. Long securities only: derivatives and cash vehicles are left out. Sources: SMBS, SEC Form N-PORT, May 31, 2026; GBIL, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | SMBS | GBIL |
|---|---|---|
| Morgan Stanley | $230K | $490.0M |
| Goldman Sachs Group Inc. | $2.2M | $224.8M |
| Bank of America Corp. | $667K | $222.0M |
| Wells Fargo & Company | $97K | $203.1M |
| LPL Financial LLC | $1.0M | $170.1M |
| Royal Bank of Canada | $282K | $139.4M |
| UBS Group AG | $2K | $105.4M |
| Northwestern Mutual Wealth Management Co | $114K | $98.5M |
| Mariner, LLC | $368K | $76.4M |
| Cetera Investment Advisers | $393K | $34.5M |
| Commonwealth Equity Services, LLC | $226K | $22.6M |
| Raymond James Financial Inc. | $289K | $15.2M |
| Osaic Holdings, Inc. | $131K | $14.3M |
| Arax Advisory Partners | $26K | $13.6M |
| BNP Paribas Financial Markets | $51 | $11.8M |
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: SMBS institutional holders, GBIL institutional holders.
Frequently asked questions
How much do SMBS and GBIL overlap?
0.0% by weight, with 0 holdings in common, using holdings for SMBS as of May 31, 2026 and GBIL as of May 31, 2026.
Do institutions hold both SMBS and GBIL?
45 Form 13F filers report positions in both, out of 418 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%.