SPXE vs BBP overlap
SPXE and BBP overlap 0.9% by weight, across 7 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (SPXE: May 31, 2026, BBP: July 31, 2026), so market moves and index changes between those dates lower the number. Funds tracking the same index can read well below their true overlap.
Top shared holdings
| Holding | SPXE | BBP | Overlap |
|---|---|---|---|
| Amgen Inc.AMGN | 0.29% | 1.49% | 0.29% |
| Gilead SciencesGILD | 0.26% | 1.43% | 0.26% |
| Vertex PharmVRTX | 0.18% | 1.48% | 0.18% |
| Regeneron PharmREGN | 0.10% | 1.72% | 0.10% |
| Biogen Inc.BIIB | 0.05% | 1.40% | 0.05% |
| Moderna Inc.MRNA | 0.03% | 1.51% | 0.03% |
| Incyte Corp.INCY | 0.03% | 1.52% | 0.03% |
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: SPXE, SEC Form N-PORT, May 31, 2026; BBP, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | SPXE | BBP |
|---|---|---|
| Royal Bank of Canada | $556K | $9.4M |
| Thrivent Financial for Lutherans | $267K | $4.3M |
| LPL Financial LLC | $2.5M | $1.2M |
| Susquehanna International Group, LLP | $228K | $1.0M |
| Morgan Stanley | $201 | $1.1M |
| Independent Financial Group, LLC | $242K | $720K |
| Kestra Advisory Services, LLC | $507K | $400K |
| Osaic Holdings, Inc. | $222K | $30K |
| Steward Partners Investment Advisory, LLC | $4K | $11K |
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: SPXE institutional holders, BBP institutional holders.
Frequently asked questions
How much do SPXE and BBP overlap?
0.9% by weight, with 7 holdings in common, using holdings for SPXE as of May 31, 2026 and BBP as of July 31, 2026. The largest shared position is AMGN.
Do institutions hold both SPXE and BBP?
9 Form 13F filers report positions in both, out of 53 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%.