USAI vs SBIO overlap
USAI and SBIO overlap 0.0% by weight, across 0 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (USAI: July 31, 2026, SBIO: May 31, 2026), so market moves and index changes between those dates lower the number. Funds tracking the same index can read well below their true overlap.
Top shared holdings
These funds hold nothing in common.
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: USAI, SEC Form N-PORT, July 31, 2026; SBIO, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | USAI | SBIO |
|---|---|---|
| LPL Financial LLC | $19.0M | $2.4M |
| Wells Fargo & Company | $46 | $4.2M |
| Osaic Holdings, Inc. | $2.2M | $458K |
| Morgan Stanley | $591 | $2.6M |
| Raymond James Financial Inc. | $596K | $1.8M |
| Cambridge Investment Research Advisors, Inc. | $1.2M | $1.1M |
| Carlson Financial, Inc. | $1.8M | $482K |
| Kestra Advisory Services, LLC | $1.3M | $535K |
| Independent Financial Group, LLC | $913K | $400K |
| Commonwealth Equity Services, LLC | $459K | $844K |
| Prospera Financial Services Inc | $472K | $573K |
| Steward Partners Investment Advisory, LLC | $239K | $354K |
| AE Wealth Management LLC | $33K | $970 |
| Spire Wealth Management | $2K | $3K |
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, SBIO institutional holders.
Frequently asked questions
How much do USAI and SBIO overlap?
0.0% by weight, with 0 holdings in common, using holdings for USAI as of July 31, 2026 and SBIO as of May 31, 2026.
Do institutions hold both USAI and SBIO?
14 Form 13F filers report positions in both, out of 110 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%.