TBLL vs IBTG overlap
TBLL and IBTG overlap 15.3% by weight, across 15 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (TBLL: May 31, 2026, IBTG: 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 | TBLL | IBTG | Overlap |
|---|---|---|---|
| US Treasury N/B | 1.87% | 5.29% | 1.87% |
| US Treasury N/BT | 1.77% | 5.03% | 1.77% |
| US Treasury N/B | 1.67% | 3.71% | 1.67% |
| US Treasury N/B | 1.59% | 4.00% | 1.59% |
| US Treasury N/BT | 1.27% | 6.46% | 1.27% |
| US Treasury N/BT | 1.16% | 5.71% | 1.16% |
| US Treasury N/BT | 1.04% | 2.12% | 1.04% |
| US Treasury N/B | 0.95% | 5.27% | 0.95% |
| US Treasury N/B | 0.85% | 4.71% | 0.85% |
| US Treasury N/B | 0.84% | 4.34% | 0.84% |
| US Treasury N/BT | 0.81% | 4.36% | 0.81% |
| US Treasury N/BT | 0.62% | 6.10% | 0.62% |
| US Treasury N/B | 0.53% | 5.62% | 0.53% |
| US Treasury N/B | 0.20% | 5.13% | 0.20% |
| US Treasury N/B | 0.19% | 1.21% | 0.19% |
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: TBLL, SEC Form N-PORT, May 31, 2026; IBTG, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | TBLL | IBTG |
|---|---|---|
| PNC Financial Services Group, Inc. | $168.7M | $773K |
| Morgan Stanley | $61.5M | $91.4M |
| LPL Financial LLC | $73.9M | $57.3M |
| Bank of America Corp. | $25.7M | $98.5M |
| Osaic Holdings, Inc. | $106.3M | $16.3M |
| UBS Group AG | $71.5M | $33.8M |
| Wells Fargo & Company | $48.5M | $54.8M |
| Integrated Wealth Concepts LLC | $967K | $64.7M |
| NewEdge Advisors, LLC | $2.8M | $61.8M |
| Mercer Global Advisors Inc. | $281K | $55.8M |
| Envestnet Asset Management Inc. | $23.0M | $32.3M |
| United Capital Financial Advisors, LLC | $1.5M | $43.7M |
| Private Advisor Group, LLC | $39.9M | $2.6M |
| Brookstone Capital Management | $32.2M | $3.5M |
| Composition Wealth, LLC | $33.5M | $223K |
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: TBLL institutional holders, IBTG institutional holders.
Frequently asked questions
How much do TBLL and IBTG overlap?
15.3% by weight, with 15 holdings in common, using holdings for TBLL as of May 31, 2026 and IBTG as of July 31, 2026. The largest shared position is US TREASURY N/B.
Do institutions hold both TBLL and IBTG?
61 Form 13F filers report positions in both, out of 393 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%.