SPTL vs FSEC overlap
SPTL and FSEC overlap 1.6% by weight, across 6 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | SPTL | FSEC | Overlap |
|---|---|---|---|
| US Treasury N/BT | 1.32% | 0.75% | 0.75% |
| US Treasury N/BT | 1.36% | 0.46% | 0.46% |
| US Treasury N/BT | 2.17% | 0.21% | 0.21% |
| US Treasury N/BT | 1.38% | 0.12% | 0.12% |
| US Treasury N/B | 1.34% | 0.05% | 0.05% |
| US Treasury N/BT | 2.19% | 0.05% | 0.05% |
Overlap by weight adds up the smaller weight of each holding the funds share, so 100% means identical portfolios. Long securities only: derivatives and cash vehicles are left out. Sources: SPTL, SEC Form N-PORT, June 30, 2026; FSEC, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | SPTL | FSEC |
|---|---|---|
| FMR LLC | $459.2M | $9.6B |
| Envestnet Asset Management Inc. | $311.5M | $6.0M |
| LPL Financial LLC | $286.4M | $942K |
| Bank of America Corp. | $261.3M | $287K |
| JPMorgan Chase & Co | $123.9M | $4.5M |
| Cetera Investment Advisers | $101.8M | $20.6M |
| Farther Finance Advisors, LLC | $109.6M | $79K |
| Northwestern Mutual Wealth Management Co | $76.6M | $250K |
| Morgan Stanley | $53.3M | $466 |
| Envestnet Portfolio Solutions, Inc. | $49.1M | $422K |
| Integrated Wealth Concepts LLC | $39.3M | $14K |
| Raymond James Financial Inc. | $27.1M | $231K |
| Thrivent Financial for Lutherans | $21.4M | $5.7M |
| Wealth Enhancement Advisory Services, LLC | $13.7M | $3.0M |
| Citadel Advisors LLC | $1.6M | $11.1M |
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: SPTL institutional holders, FSEC institutional holders.
Frequently asked questions
How much do SPTL and FSEC overlap?
1.6% by weight, with 6 holdings in common, using holdings for SPTL as of June 30, 2026 and FSEC as of May 31, 2026. The largest shared position is T.
Do institutions hold both SPTL and FSEC?
32 Form 13F filers report positions in both, out of 497 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%.