TIER vs BWET overlap
1 institutions report holding both TIER and BWET.
TIERBWET
Pick 2 to 4 ETFs.
We don’t have holdings for BWET. 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.
1
institutions report holding both, of 15 holding any
TIER16.4% of its 13F dollars, 25.0% of its 4 holders
BWET16.7% of its 13F dollars, 8.3% of its 12 holders
Largest institutions holding both
| Firm | TIER | BWET |
|---|---|---|
| Citadel Advisors LLC | $705K | $690K |
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: TIER institutional holders, BWET institutional holders.
Frequently asked questions
Do institutions hold both TIER and BWET?
1 Form 13F filers report positions in both, out of 15 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%.