SPBU vs QMAR overlap
20 institutions report holding both SPBU and QMAR.
SPBUQMAR
Pick 2 to 4 ETFs.
We don’t have holdings for QMAR. 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.
20
institutions report holding both, of 122 holding any
SPBU32.3% of its 13F dollars, 44.4% of its 45 holders
QMAR39.8% of its 13F dollars, 20.6% of its 97 holders
Largest institutions holding both
| Firm | SPBU | QMAR |
|---|---|---|
| Cetera Investment Advisers | $7.4M | $12.8M |
| Commonwealth Equity Services, LLC | $8.0M | $9.4M |
| Osaic Holdings, Inc. | $7.6M | $4.3M |
| Envestnet Asset Management Inc. | $4.7M | $3.7M |
| LPL Financial LLC | $380K | $7.6M |
| Cambridge Investment Research Advisors, Inc. | $2.8M | $5.2M |
| Harbour Investments, Inc. | $5.8M | $1.7M |
| MML Investors Services, LLC | $1.3M | $1.6M |
| Steward Partners Investment Advisory, LLC | $741K | $1.9M |
| Clear Creek Financial Management, LLC | $439K | $1.5M |
| NewEdge Advisors, LLC | $363K | $1.3M |
| Madrona Financial Services, LLC | $959K | $233K |
| Stephens Inc. | $861K | $319K |
| Capital Investment Advisory Services, LLC | $847K | $83K |
| AE Wealth Management LLC | $818K | $8K |
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, QMAR institutional holders.
Frequently asked questions
Do institutions hold both SPBU and QMAR?
20 Form 13F filers report positions in both, out of 122 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%.