TMSF vs FSTB overlap

TMSF and FSTB overlap 0.4% by weight, across 4 shared holdings.

TMSFFSTB

Pick 2 to 4 ETFs.

0.4%

overlap by weight, across 4 shared holdings

TMSF2.5% of the fund is in shared holdings, of 198

FSTB0.4% of the fund is in shared holdings, of 461

Top shared holdings

Holding	TMSF	FSTB	Overlap
Colombia Republic of 5.375% 01/21/2029	1.38%	0.17%	0.17%
General MTRS FINL Co Inc. 4.2% 10/27/2028	0.42%	0.11%	0.11%
Charter Communications Operating LLC / Charter Communications Operating Capital 5.05% 03/30/2029	0.32%	0.10%	0.10%
Oneok Inc. 4.25% 09/24/2027	0.44%	0.02%	0.02%

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: TMSF, SEC Form N-PORT, May 31, 2026; FSTB, SEC Form N-PORT, May 31, 2026.

institutions report holding both, of 6 holding any

TMSF0.0% of its 13F dollars, 16.7% of its 6 holders

FSTB100.0% of its 13F dollars, 100.0% of its 1 holders

Largest institutions holding both

Firm	TMSF	FSTB
FMR LLC	$50	$1.9M

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: TMSF institutional holders, FSTB institutional holders.

Frequently asked questions

How much do TMSF and FSTB overlap?

0.4% by weight, with 4 holdings in common, using holdings for TMSF as of May 31, 2026 and FSTB as of May 31, 2026. The largest shared position is COLOMBIA REPUBLIC OF 5.375% 01/21/2029.

Do institutions hold both TMSF and FSTB?

1 Form 13F filers report positions in both, out of 6 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%.