TBIL vs HYD overlap
TBIL and HYD overlap 0.0% by weight, across 0 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (TBIL: May 31, 2026, HYD: 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
These funds hold nothing in common.
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: TBIL, SEC Form N-PORT, May 31, 2026; HYD, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | TBIL | HYD |
|---|---|---|
| Morgan Stanley | $640.0M | $63.8M |
| LPL Financial LLC | $557.5M | $45.4M |
| FMR LLC | $338K | $418.0M |
| Wells Fargo & Company | $167.3M | $44.9M |
| Raymond James Financial Inc. | $176.7M | $21.8M |
| Stifel Financial Corp. | $177.1M | $3.8M |
| Northwestern Mutual Wealth Management Co | $8.3M | $116.2M |
| Royal Bank of Canada | $44K | $106.3M |
| Commonwealth Equity Services, LLC | $47.4M | $43.0M |
| HighTower Advisors, LLC | $44.7M | $36.2M |
| Assetmark, Inc. | $28K | $72.6M |
| Envestnet Asset Management Inc. | $49.6M | $22.3M |
| Forum Financial Management, LP | $4.8M | $65.1M |
| Cambridge Investment Research Advisors, Inc. | $49.2M | $8.4M |
| UBS Group AG | $33.3M | $23.4M |
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: TBIL institutional holders, HYD institutional holders.
Frequently asked questions
How much do TBIL and HYD overlap?
0.0% by weight, with 0 holdings in common, using holdings for TBIL as of May 31, 2026 and HYD as of July 31, 2026.
Do institutions hold both TBIL and HYD?
117 Form 13F filers report positions in both, out of 569 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%.