SPAB vs JBND overlap
SPAB and JBND overlap 9.4% by weight, across 323 shared holdings.
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Top shared holdings
| Holding | SPAB | JBND | Overlap |
|---|---|---|---|
| US Treasury N/B | 0.37% | 1.79% | 0.37% |
| US Treasury N/B | 0.37% | 1.86% | 0.37% |
| US Treasury N/B | 0.34% | 0.45% | 0.34% |
| US Treasury N/B | 0.34% | 1.49% | 0.34% |
| US Treasury N/B | 0.31% | 1.69% | 0.31% |
| US Treasury N/BT | 0.31% | 1.46% | 0.31% |
| US Treasury N/B | 0.27% | 0.67% | 0.27% |
| US Treasury N/B | 0.40% | 0.27% | 0.27% |
| US Treasury N/BT | 0.24% | 0.31% | 0.24% |
| US Treasury N/BT | 0.23% | 0.68% | 0.23% |
| US Treasury N/B | 0.21% | 0.34% | 0.21% |
| US Treasury N/B | 0.21% | 0.45% | 0.21% |
| US Treasury N/BT | 0.21% | 0.23% | 0.21% |
| US Treasury N/B | 0.20% | 0.29% | 0.20% |
| US Treasury N/B | 0.25% | 0.20% | 0.20% |
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: SPAB, SEC Form N-PORT, June 30, 2026; JBND, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | SPAB | JBND |
|---|---|---|
| LPL Financial LLC | $646.4M | $1.1B |
| Envestnet Asset Management Inc. | $251.6M | $272.8M |
| Allworth Financial LP | $3.9M | $486.9M |
| JPMorgan Chase & Co | $66.3M | $373.4M |
| Ameriprise Financial Inc. | $7.5M | $420.1M |
| Bank of America Corp. | $182.0M | $238.2M |
| Captrust Financial Advisors | $8.0M | $325.1M |
| Cetera Investment Advisers | $42.0M | $285.1M |
| Private Advisor Group, LLC | $31.9M | $208.4M |
| Raymond James Financial Inc. | $74.9M | $145.7M |
| Janney Montgomery Scott LLC | $27.2M | $166.4M |
| Royal Bank of Canada | $29.6M | $148.1M |
| Osaic Holdings, Inc. | $116.3M | $43.4M |
| Cambridge Investment Research Advisors, Inc. | $52.1M | $100.2M |
| Vestmark Advisory Solutions, Inc. | $41.5M | $80.1M |
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: SPAB institutional holders, JBND institutional holders.
Frequently asked questions
How much do SPAB and JBND overlap?
9.4% by weight, with 323 holdings in common, using holdings for SPAB as of June 30, 2026 and JBND as of May 31, 2026. The largest shared position is US TREASURY N/B.
Do institutions hold both SPAB and JBND?
144 Form 13F filers report positions in both, out of 720 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%.