VMBS vs BINC overlap
287 institutions report holding both VMBS and BINC.
VMBSBINC
Pick 2 to 4 ETFs.
We don’t have holdings for BINC. 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.
287
institutions report holding both, of 1,203 holding any
VMBS78.9% of its 13F dollars, 40.3% of its 712 holders
BINC63.0% of its 13F dollars, 36.9% of its 778 holders
Largest institutions holding both
| Firm | VMBS | BINC |
|---|---|---|
| Bank of America Corp. | $2.8B | $624.7M |
| Envestnet Asset Management Inc. | $1.3B | $734.5M |
| JPMorgan Chase & Co | $1.2B | $675.4M |
| LPL Financial LLC | $294.7M | $631.8M |
| Wells Fargo & Company | $456.2M | $344.5M |
| Morgan Stanley | $257.1M | $486.3M |
| Ameriprise Financial Inc. | $239.0M | $391.3M |
| Stifel Financial Corp. | $478.2M | $40.6M |
| Bank of New York Mellon Corp | $496.4M | $21.9M |
| PNC Financial Services Group, Inc. | $7.9M | $505.4M |
| UBS Group AG | $226.3M | $243.5M |
| Assetmark, Inc. | $412.1M | $25.5M |
| Raymond James Financial Inc. | $323.2M | $104.4M |
| Mather Group, LLC. | $397.9M | $516K |
| Sequoia Financial Advisors, LLC | $3.3M | $321.0M |
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: VMBS institutional holders, BINC institutional holders.
Frequently asked questions
Do institutions hold both VMBS and BINC?
287 Form 13F filers report positions in both, out of 1,203 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%.