USAI vs BILT overlap
8 institutions report holding both USAI and BILT.
USAIBILT
Pick 2 to 4 ETFs.
We don’t have holdings for BILT. 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.
8
institutions report holding both, of 91 holding any
USAI5.5% of its 13F dollars, 13.6% of its 59 holders
BILT52.1% of its 13F dollars, 20.0% of its 40 holders
Largest institutions holding both
| Firm | USAI | BILT |
|---|---|---|
| Envestnet Asset Management Inc. | $1.1M | $19.1M |
| Jane Street Group, LLC | $609K | $11.2M |
| MML Investors Services, LLC | $679K | $4.7M |
| Morgan Stanley | $591 | $3.4M |
| Osaic Holdings, Inc. | $2.2M | $277K |
| AE Wealth Management LLC | $33K | $552K |
| Integrated Wealth Concepts LLC | $20K | $119K |
| IFP Advisors, Inc | $14K | $2K |
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: USAI institutional holders, BILT institutional holders.
Frequently asked questions
Do institutions hold both USAI and BILT?
8 Form 13F filers report positions in both, out of 91 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%.