ULST vs IBHH overlap
ULST and IBHH overlap 0.5% by weight, across 1 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | ULST | IBHH | Overlap |
|---|---|---|---|
| Centene Corp. 2.45% 07/15/2028 | 0.45% | 1.55% | 0.45% |
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: ULST, SEC Form N-PORT, June 30, 2026; IBHH, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | ULST | IBHH |
|---|---|---|
| LPL Financial LLC | $56.0M | $26.7M |
| Morgan Stanley | $31.0M | $8.1M |
| NewEdge Advisors, LLC | $399K | $18.7M |
| Raymond James Financial Inc. | $11.0M | $7.1M |
| Bank of America Corp. | $11.0M | $5.5M |
| Royal Bank of Canada | $2.4M | $6.4M |
| Stratos Wealth Partners, LTD. | $1.1M | $4.0M |
| Wells Fargo & Company | $15 | $4.6M |
| UBS Group AG | $3.0M | $1.5M |
| Cetera Investment Advisers | $298K | $3.4M |
| Commonwealth Equity Services, LLC | $414K | $3.1M |
| Osaic Holdings, Inc. | $2.0M | $1.1M |
| Thrivent Financial for Lutherans | $1.8M | $993K |
| Penobscot Investment Management Company, Inc. | $473K | $2.3M |
| Jane Street Group, LLC | $406K | $2.3M |
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: ULST institutional holders, IBHH institutional holders.
Frequently asked questions
How much do ULST and IBHH overlap?
0.5% by weight, with 1 holdings in common, using holdings for ULST as of June 30, 2026 and IBHH as of July 31, 2026. The largest shared position is CENTENE CORP 2.45% 07/15/2028.
Do institutions hold both ULST and IBHH?
28 Form 13F filers report positions in both, out of 194 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%.