TFI vs SCMB overlap
TFI and SCMB overlap 8.1% by weight, across 436 shared holdings.
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Top shared holdings
| Holding | TFI | SCMB | Overlap |
|---|---|---|---|
| New York NY | 0.17% | 0.20% | 0.17% |
| UNIV of CA Regents-BQ | 0.12% | 0.14% | 0.12% |
| NY St Urban DEV Corp. | 0.10% | 0.11% | 0.10% |
| California St-UnrefdCAS | 0.16% | 0.10% | 0.10% |
| PRIV CLGS & UNIV AUTHPRIHGR | 0.07% | 0.14% | 0.07% |
| Dasny-a-REF | 0.09% | 0.07% | 0.07% |
| Curators of the UNIV | 0.09% | 0.07% | 0.07% |
| MA DEV FIN AGY-a | 0.07% | 0.07% | 0.07% |
| NYC MUNI WTR FIN-BB | 0.07% | 0.13% | 0.07% |
| Massachusetts-a | 0.07% | 0.16% | 0.07% |
| Triborough Bridge-a-1 | 0.07% | 0.07% | 0.07% |
| CA St PUB WKS BRD-a | 0.07% | 0.09% | 0.07% |
| Chicago Transit AUTH | 0.07% | 0.14% | 0.07% |
| California St-REF | 0.14% | 0.07% | 0.07% |
| DT of Columbia-a-REV | 0.07% | 0.07% | 0.07% |
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: TFI, SEC Form N-PORT, June 30, 2026; SCMB, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | TFI | SCMB |
|---|---|---|
| Bank of America Corp. | $404.3M | $602.5M |
| Northwestern Mutual Wealth Management Co | $266.3M | $3.5M |
| Envestnet Asset Management Inc. | $134.5M | $22.2M |
| UBS Group AG | $115.7M | $3K |
| Morgan Stanley | $112.2M | $148K |
| Fisher Asset Management, LLC | $106.5M | $225K |
| Jones Financial Companies LLLP | $2.0M | $89.6M |
| LPL Financial LLC | $81.7M | $3.8M |
| Bank of Montreal | $70.5M | $19K |
| Arax Advisory Partners | $61.8M | $29K |
| Raymond James Financial Inc. | $53.7M | $3.8M |
| JPMorgan Chase & Co | $51.0M | $5.6M |
| Avidian Wealth Enterprises, LLC | $9.5M | $38.3M |
| Wells Fargo & Company | $46.0M | $91K |
| Cerity Partners LLC | $44.6M | $404K |
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: TFI institutional holders, SCMB institutional holders.
Frequently asked questions
How much do TFI and SCMB overlap?
8.1% by weight, with 436 holdings in common, using holdings for TFI as of June 30, 2026 and SCMB as of June 30, 2026. The largest shared position is NEW YORK NY.
Do institutions hold both TFI and SCMB?
79 Form 13F filers report positions in both, out of 453 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%.