TCAI vs PIPE overlap
4 institutions report holding both TCAI and PIPE.
TCAIPIPE
Pick 2 to 4 ETFs.
We don’t have holdings for PIPE. 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.
4
institutions report holding both, of 53 holding any
TCAI1.0% of its 13F dollars, 7.8% of its 51 holders
PIPE2.1% of its 13F dollars, 66.7% of its 6 holders
Largest institutions holding both
| Firm | TCAI | PIPE |
|---|---|---|
| Citadel Advisors LLC | $619K | $500K |
| Royal Bank of Canada | $11K | $730K |
| International Assets Investment Management, LLC | $3K | $89K |
| UBS Group AG | $5K | $897 |
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: TCAI institutional holders, PIPE institutional holders.
Frequently asked questions
Do institutions hold both TCAI and PIPE?
4 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%.