ZJAN vs SPBW overlap
13 institutions report holding both ZJAN and SPBW.
ZJANSPBW
Pick 2 to 4 ETFs.
We don’t have holdings for ZJAN. 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.
13
institutions report holding both, of 82 holding any
ZJAN40.9% of its 13F dollars, 20.6% of its 63 holders
SPBW68.0% of its 13F dollars, 40.6% of its 32 holders
Largest institutions holding both
| Firm | ZJAN | SPBW |
|---|---|---|
| NewEdge Advisors, LLC | $8.7M | $3.7M |
| Cambridge Investment Research Advisors, Inc. | $1.3M | $9.4M |
| Kestra Advisory Services, LLC | $1.0M | $6.8M |
| Independent Financial Group, LLC | $313K | $5.5M |
| Cetera Investment Advisers | $1.3M | $2.1M |
| Osaic Holdings, Inc. | $2.1M | $1.2M |
| AE Wealth Management LLC | $561K | $2.7M |
| Commonwealth Equity Services, LLC | $1.7M | $1.3M |
| Envestnet Asset Management Inc. | $1.3M | $1.1M |
| Raymond James Financial Inc. | $1.7M | $301K |
| MML Investors Services, LLC | $578K | $231K |
| Harbour Investments, Inc. | $108K | $142K |
| IFP Advisors, Inc | $66K | $75K |
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: ZJAN institutional holders, SPBW institutional holders.
Frequently asked questions
Do institutions hold both ZJAN and SPBW?
13 Form 13F filers report positions in both, out of 82 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%.