SMIG vs BALI overlap
31 institutions report holding both SMIG and BALI.
SMIGBALI
Pick 2 to 4 ETFs.
We don’t have holdings for BALI. 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.
31
institutions report holding both, of 211 holding any
SMIG91.8% of its 13F dollars, 49.2% of its 63 holders
BALI50.4% of its 13F dollars, 17.3% of its 179 holders
Largest institutions holding both
| Firm | SMIG | BALI |
|---|---|---|
| Bank of America Corp. | $342.0M | $60.6M |
| Morgan Stanley | $257.6M | $19.0M |
| Envestnet Asset Management Inc. | $3.8M | $115.5M |
| LPL Financial LLC | $14.5M | $99.5M |
| Royal Bank of Canada | $77.2M | $2.6M |
| Wells Fargo & Company | $24.5M | $35.8M |
| UBS Group AG | $49.0M | $880 |
| Cetera Investment Advisers | $5.4M | $41.5M |
| Raymond James Financial Inc. | $21.5M | $11.3M |
| JPMorgan Chase & Co | $5.8M | $20.6M |
| Sanctuary Advisors, LLC | $20.4M | $5.3M |
| Osaic Holdings, Inc. | $49K | $21.3M |
| Vestmark Advisory Solutions, Inc. | $1.5M | $17.7M |
| MML Investors Services, LLC | $1.0M | $10.7M |
| Equitable Holdings, Inc. | $3.5M | $8.2M |
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: SMIG institutional holders, BALI institutional holders.
Frequently asked questions
Do institutions hold both SMIG and BALI?
31 Form 13F filers report positions in both, out of 211 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%.