SPDN vs FAS overlap
16 institutions report holding both SPDN and FAS.
SPDNFAS
Pick 2 to 4 ETFs.
We don’t have holdings for SPDN. 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.
16
institutions report holding both, of 108 holding any
SPDN11.2% of its 13F dollars, 28.6% of its 56 holders
FAS49.9% of its 13F dollars, 23.5% of its 68 holders
Largest institutions holding both
| Firm | SPDN | FAS |
|---|---|---|
| Citadel Advisors LLC | $4.1M | $21.0M |
| GTS Securities LLC | $292K | $6.6M |
| Goldman Sachs Group Inc. | $360K | $5.9M |
| Jump Financial, LLC | $1.9M | $2.4M |
| UBS Group AG | $28K | $4.2M |
| XTX Topco Ltd | $294K | $2.8M |
| LPL Financial LLC | $1.3M | $1.7M |
| Two Sigma Securities, LLC | $321K | $2.6M |
| IMC-Chicago, LLC | $2.3M | $391K |
| Captrust Financial Advisors | $180K | $1.9M |
| Wells Fargo & Company | $10 | $1.3M |
| Flow Traders U.S. LLC | $564K | $242K |
| SBI Securities Co., Ltd. | $7K | $467K |
| JPMorgan Chase & Co | $114 | $311K |
| Tower Research Capital LLC (TRC) | $1K | $262K |
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: SPDN institutional holders, FAS institutional holders.
Frequently asked questions
Do institutions hold both SPDN and FAS?
16 Form 13F filers report positions in both, out of 108 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%.