SPBU vs IJUL overlap
19 institutions report holding both SPBU and IJUL.
SPBUIJUL
Pick 2 to 4 ETFs.
We don’t have holdings for IJUL. 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.
19
institutions report holding both, of 135 holding any
SPBU30.9% of its 13F dollars, 42.2% of its 45 holders
IJUL23.3% of its 13F dollars, 17.4% of its 109 holders
Largest institutions holding both
| Firm | SPBU | IJUL |
|---|---|---|
| Osaic Holdings, Inc. | $7.6M | $7.7M |
| Commonwealth Equity Services, LLC | $8.0M | $5.6M |
| Cetera Investment Advisers | $7.4M | $4.2M |
| Envestnet Asset Management Inc. | $4.7M | $3.2M |
| Harbour Investments, Inc. | $5.8M | $13K |
| Cambridge Investment Research Advisors, Inc. | $2.8M | $1.7M |
| LPL Financial LLC | $380K | $2.8M |
| MML Investors Services, LLC | $1.3M | $1.5M |
| Independent Financial Group, LLC | $215K | $2.4M |
| Capital Investment Advisory Services, LLC | $847K | $108K |
| AE Wealth Management LLC | $818K | $98K |
| IFP Advisors, Inc | $52K | $800K |
| Steward Partners Investment Advisory, LLC | $741K | $74K |
| NewEdge Advisors, LLC | $363K | $343K |
| Capital Analysts, LLC | $306K | $191K |
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, IJUL institutional holders.
Frequently asked questions
Do institutions hold both SPBU and IJUL?
19 Form 13F filers report positions in both, out of 135 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%.