UDN vs LENS overlap
2 institutions report holding both UDN and LENS.
UDNLENS
Pick 2 to 4 ETFs.
We don’t have holdings for UDN. 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.
2
institutions report holding both, of 44 holding any
UDN32.6% of its 13F dollars, 6.5% of its 31 holders
LENS62.9% of its 13F dollars, 13.3% of its 15 holders
Largest institutions holding both
| Firm | UDN | LENS |
|---|---|---|
| HighTower Advisors, LLC | $10.7M | $18.1M |
| Farther Finance Advisors, LLC | $9K | $2.8M |
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: UDN institutional holders, LENS institutional holders.
Frequently asked questions
Do institutions hold both UDN and LENS?
2 Form 13F filers report positions in both, out of 44 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%.