USEP vs BUFT overlap
18 institutions report holding both USEP and BUFT.
USEPBUFT
Pick 2 to 4 ETFs.
We don’t have holdings for USEP. 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.
18
institutions report holding both, of 120 holding any
USEP16.8% of its 13F dollars, 22.5% of its 80 holders
BUFT38.0% of its 13F dollars, 31.0% of its 58 holders
Largest institutions holding both
| Firm | USEP | BUFT |
|---|---|---|
| LPL Financial LLC | $1.2M | $18.6M |
| Envestnet Asset Management Inc. | $2.2M | $8.9M |
| Cetera Investment Advisers | $2.7M | $5.6M |
| Osaic Holdings, Inc. | $3.7M | $3.3M |
| Commonwealth Equity Services, LLC | $3.8M | $2.1M |
| Harbour Investments, Inc. | $240K | $3.2M |
| Cambridge Investment Research Advisors, Inc. | $2.7M | $511K |
| Truist Financial Corp. | $1.8M | $382K |
| Raymond James Financial Inc. | $711K | $836K |
| Aptus Capital Advisors, LLC | $173K | $1.0M |
| Financial Network Wealth Advisors LLC | $29K | $1.1M |
| Integrated Wealth Concepts LLC | $63K | $804K |
| JPMorgan Chase & Co | $520K | $5K |
| AE Wealth Management LLC | $315K | $2K |
| Tounjian Advisory Partners, LLC | $8K | $305K |
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: USEP institutional holders, BUFT institutional holders.
Frequently asked questions
Do institutions hold both USEP and BUFT?
18 Form 13F filers report positions in both, out of 120 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%.