SPBU vs IAPR overlap
15 institutions report holding both SPBU and IAPR.
SPBUIAPR
Pick 2 to 4 ETFs.
We don’t have holdings for IAPR. 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.
15
institutions report holding both, of 143 holding any
SPBU29.9% of its 13F dollars, 33.3% of its 45 holders
IAPR19.9% of its 13F dollars, 13.3% of its 113 holders
Largest institutions holding both
| Firm | SPBU | IAPR |
|---|---|---|
| Commonwealth Equity Services, LLC | $8.0M | $8.5M |
| Cetera Investment Advisers | $7.4M | $4.4M |
| Osaic Holdings, Inc. | $7.6M | $3.4M |
| Envestnet Asset Management Inc. | $4.7M | $2.2M |
| Harbour Investments, Inc. | $5.8M | $11K |
| LPL Financial LLC | $380K | $4.1M |
| Cambridge Investment Research Advisors, Inc. | $2.8M | $800K |
| MAI Capital Management | $451K | $1.1M |
| IFP Advisors, Inc | $52K | $1.2M |
| Steward Partners Investment Advisory, LLC | $741K | $469K |
| AE Wealth Management LLC | $818K | $97K |
| Capital Investment Advisory Services, LLC | $847K | $7K |
| NewEdge Advisors, LLC | $363K | $344K |
| Capital Analysts, LLC | $306K | $78K |
| Fiduciary Financial Advisors | $10K | $69K |
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: SPBU institutional holders, IAPR institutional holders.
Frequently asked questions
Do institutions hold both SPBU and IAPR?
15 Form 13F filers report positions in both, out of 143 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%.