ZSEP vs DDFO overlap
20 institutions report holding both ZSEP and DDFO.
ZSEPDDFO
Pick 2 to 4 ETFs.
We don’t have holdings for ZSEP, DDFO. 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.
20
institutions report holding both, of 113 holding any
ZSEP25.9% of its 13F dollars, 27.0% of its 74 holders
DDFO25.8% of its 13F dollars, 33.9% of its 59 holders
Largest institutions holding both
| Firm | ZSEP | DDFO |
|---|---|---|
| Commonwealth Equity Services, LLC | $4.0M | $6.2M |
| Cambridge Investment Research Advisors, Inc. | $1.4M | $2.7M |
| HighTower Advisors, LLC | $3.2M | $520K |
| Cetera Investment Advisers | $2.1M | $1.5M |
| KFG Wealth Management, LLC | $3.2M | $378K |
| Centaurus Financial, Inc. | $1.5M | $1.1M |
| Osaic Holdings, Inc. | $1.2M | $1.1M |
| Archer Investment Corp | $501K | $1.2M |
| AE Wealth Management LLC | $72K | $1.5M |
| Harbour Investments, Inc. | $160K | $1.3M |
| Brookstone Capital Management | $880K | $541K |
| Old Mission Capital LLC | $795K | $535K |
| Noble Wealth Management PBC | $1.1M | $15K |
| Farther Finance Advisors, LLC | $352K | $716K |
| HRT Financial LP | $438K | $472K |
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: ZSEP institutional holders, DDFO institutional holders.
Frequently asked questions
Do institutions hold both ZSEP and DDFO?
20 Form 13F filers report positions in both, out of 113 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%.