SPTS vs LMBS overlap
SPTS and LMBS overlap 0.2% by weight, across 1 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | SPTS | LMBS | Overlap |
|---|---|---|---|
| US Treasury N/B | 0.88% | 0.24% | 0.24% |
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: SPTS, SEC Form N-PORT, June 30, 2026; LMBS, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | SPTS | LMBS |
|---|---|---|
| LPL Financial LLC | $268.3M | $684.5M |
| Morgan Stanley | $65.9M | $784.0M |
| Wells Fargo & Company | $76.0M | $284.1M |
| UBS Group AG | $23.7M | $247.1M |
| Raymond James Financial Inc. | $25.8M | $212.8M |
| Envestnet Asset Management Inc. | $176.7M | $50.7M |
| Royal Bank of Canada | $46.0M | $167.2M |
| HighTower Advisors, LLC | $63.0M | $105.1M |
| Bank of America Corp. | $56.2M | $101.1M |
| Cetera Investment Advisers | $20.3M | $136.3M |
| Cerity Partners LLC | $92.7M | $21.1M |
| Cambridge Investment Research Advisors, Inc. | $11.1M | $74.6M |
| Concurrent Investment Advisors, LLC | $19.6M | $65.5M |
| Osaic Holdings, Inc. | $46.4M | $38.0M |
| Commonwealth Equity Services, LLC | $4.4M | $76.3M |
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: SPTS institutional holders, LMBS institutional holders.
Frequently asked questions
How much do SPTS and LMBS overlap?
0.2% by weight, with 1 holdings in common, using holdings for SPTS as of June 30, 2026 and LMBS as of July 31, 2026. The largest shared position is US TREASURY N/B.
Do institutions hold both SPTS and LMBS?
148 Form 13F filers report positions in both, out of 719 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%.