UMAR vs PBFR overlap
10 institutions report holding both UMAR and PBFR.
UMARPBFR
Pick 2 to 4 ETFs.
We don’t have holdings for UMAR. 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.
10
institutions report holding both, of 118 holding any
UMAR13.2% of its 13F dollars, 11.6% of its 86 holders
PBFR25.2% of its 13F dollars, 23.8% of its 42 holders
Largest institutions holding both
| Firm | UMAR | PBFR |
|---|---|---|
| Kestra Advisory Services, LLC | $4.7M | $10.8M |
| LPL Financial LLC | $496K | $13.7M |
| Raymond James Financial Inc. | $3.9M | $5.6M |
| Cetera Investment Advisers | $2.5M | $5.8M |
| Osaic Holdings, Inc. | $4.2M | $180K |
| Commonwealth Equity Services, LLC | $3.3M | $427K |
| Cambridge Investment Research Advisors, Inc. | $1.5M | $1.5M |
| DHJJ Financial Advisors, Ltd. | $165K | $807K |
| Steward Partners Investment Advisory, LLC | $63K | $505K |
| Harbour Investments, Inc. | $16K | $93K |
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: UMAR institutional holders, PBFR institutional holders.
Frequently asked questions
Do institutions hold both UMAR and PBFR?
10 Form 13F filers report positions in both, out of 118 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%.