USMF vs PMMF overlap
9 institutions report holding both USMF and PMMF.
USMFPMMF
Pick 2 to 4 ETFs.
We don’t have holdings for PMMF. 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.
9
institutions report holding both, of 104 holding any
USMF9.7% of its 13F dollars, 12.3% of its 73 holders
PMMF24.9% of its 13F dollars, 22.5% of its 40 holders
Largest institutions holding both
| Firm | USMF | PMMF |
|---|---|---|
| Cambridge Investment Research Advisors, Inc. | $1.2M | $41.2M |
| Royal Bank of Canada | $120K | $8.7M |
| Wells Fargo & Company | $7.5M | $165 |
| Cetera Investment Advisers | $5.4M | $281K |
| NewEdge Advisors, LLC | $3.3M | $904K |
| Kestra Advisory Services, LLC | $771K | $313K |
| Summit Financial, LLC | $843K | $226K |
| Osaic Holdings, Inc. | $828K | $0 |
| Flow Traders U.S. LLC | $262K | $258K |
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: USMF institutional holders, PMMF institutional holders.
Frequently asked questions
Do institutions hold both USMF and PMMF?
9 Form 13F filers report positions in both, out of 104 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%.