UCON vs DBMF overlap
92 institutions report holding both UCON and DBMF.
UCONDBMF
Pick 2 to 4 ETFs.
We don’t have holdings for DBMF. 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.
92
institutions report holding both, of 509 holding any
UCON68.7% of its 13F dollars, 33.7% of its 273 holders
DBMF68.4% of its 13F dollars, 28.1% of its 328 holders
Largest institutions holding both
| Firm | UCON | DBMF |
|---|---|---|
| LPL Financial LLC | $340.4M | $650.9M |
| Morgan Stanley | $231.8M | $302.3M |
| JPMorgan Chase & Co | $18.6M | $369.3M |
| Wells Fargo & Company | $178.5M | $9.1M |
| Bank of America Corp. | $104.5M | $62.1M |
| Raymond James Financial Inc. | $70.5M | $79.0M |
| Royal Bank of Canada | $100.1M | $32.2M |
| Northwestern Mutual Wealth Management Co | $201K | $104.9M |
| Harbour Investments, Inc. | $104.4M | $236K |
| Envestnet Asset Management Inc. | $65.3M | $23.1M |
| Cetera Investment Advisers | $43.7M | $21.1M |
| HighTower Advisors, LLC | $61.5M | $664K |
| Osaic Holdings, Inc. | $50.9M | $2.9M |
| Truist Financial Corp. | $52.1M | $1.5M |
| Stifel Financial Corp. | $41.3M | $3.0M |
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: UCON institutional holders, DBMF institutional holders.
Frequently asked questions
Do institutions hold both UCON and DBMF?
92 Form 13F filers report positions in both, out of 509 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%.