STIP vs PYLD overlap
254 institutions report holding both STIP and PYLD.
STIPPYLD
Pick 2 to 4 ETFs.
We don’t have holdings for PYLD. 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.
254
institutions report holding both, of 1,265 holding any
STIP65.9% of its 13F dollars, 30.7% of its 828 holders
PYLD57.4% of its 13F dollars, 36.8% of its 691 holders
Largest institutions holding both
| Firm | STIP | PYLD |
|---|---|---|
| BlackRock, Inc. | $4.5B | $995K |
| LPL Financial LLC | $422.3M | $566.6M |
| Morgan Stanley | $229.9M | $616.1M |
| Bank of America Corp. | $158.7M | $664.6M |
| Envestnet Asset Management Inc. | $203.9M | $359.4M |
| Betterment LLC | $465.2M | $546K |
| HighTower Advisors, LLC | $25.4M | $304.8M |
| Sequoia Financial Advisors, LLC | $529K | $328.9M |
| Wells Fargo & Company | $62.8M | $261.5M |
| Raymond James Financial Inc. | $88.3M | $210.8M |
| AE Wealth Management LLC | $27.5M | $197.6M |
| NewEdge Advisors, LLC | $48.1M | $171.0M |
| Pure Financial Advisors, LLC | $21.7M | $193.3M |
| Cetera Investment Advisers | $146.8M | $67.6M |
| Destination Wealth Management | $86.5M | $113.3M |
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: STIP institutional holders, PYLD institutional holders.
Frequently asked questions
Do institutions hold both STIP and PYLD?
254 Form 13F filers report positions in both, out of 1,265 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%.