TPZ vs DBE overlap
9 institutions report holding both TPZ and DBE.
TPZDBE
Pick 2 to 4 ETFs.
We don’t have holdings for DBE. 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.
9
institutions report holding both, of 61 holding any
TPZ31.7% of its 13F dollars, 26.5% of its 34 holders
DBE17.2% of its 13F dollars, 25.0% of its 36 holders
Largest institutions holding both
| Firm | TPZ | DBE |
|---|---|---|
| Cetera Investment Advisers | $3.0M | $1.6M |
| LPL Financial LLC | $2.1M | $1.2M |
| Cambridge Investment Research Advisors, Inc. | $2.4M | $490K |
| Susquehanna International Group, LLP | $699K | $1.3M |
| Morgan Stanley | $1.6M | $88K |
| Raymond James Financial Inc. | $447K | $948K |
| Osaic Holdings, Inc. | $725K | $70K |
| Steward Partners Investment Advisory, LLC | $46K | $426K |
| Wells Fargo & Company | $2K | $31K |
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: TPZ institutional holders, DBE institutional holders.
Frequently asked questions
Do institutions hold both TPZ and DBE?
9 Form 13F filers report positions in both, out of 61 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%.