SPDN vs ROM overlap
9 institutions report holding both SPDN and ROM.
SPDNROM
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.
9
institutions report holding both, of 121 holding any
SPDN12.0% of its 13F dollars, 16.1% of its 56 holders
ROM5.4% of its 13F dollars, 12.2% of its 74 holders
Largest institutions holding both
| Firm | SPDN | ROM |
|---|---|---|
| Envestnet Asset Management Inc. | $4.6M | $1.6M |
| Citadel Advisors LLC | $4.1M | $653K |
| IMC-Chicago, LLC | $2.3M | $546K |
| LPL Financial LLC | $1.3M | $519K |
| Waverly Advisors, LLC | $122K | $1.3M |
| Quadrature Capital Ltd | $148K | $635K |
| UBS Group AG | $28K | $68K |
| Morgan Stanley | $17 | $173 |
| Wells Fargo & Company | $10 | $119 |
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, ROM institutional holders.
Frequently asked questions
Do institutions hold both SPDN and ROM?
9 Form 13F filers report positions in both, out of 121 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%.