CMF vs CGHM overlap
CMF and CGHM overlap 0.6% by weight, across 26 shared holdings.
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Top shared holdings
| Holding | CMF | CGHM | Overlap |
|---|---|---|---|
| California St | 0.21% | 0.17% | 0.17% |
| Los Angeles-a | 0.12% | 0.09% | 0.09% |
| San Francisco-REV-C | 0.08% | 0.33% | 0.08% |
| CA St PUB WKS BRD-a | 0.05% | 0.30% | 0.05% |
| San Francisco PUB-E | 0.05% | 0.04% | 0.04% |
| E Co AWP JT PWRS-a-1EAWWTR | 0.33% | 0.03% | 0.03% |
| Foothill Estrn Transp | 0.10% | 0.02% | 0.02% |
| CA Regents UNIV-CD | 0.04% | 0.02% | 0.02% |
| CA Regents UNIV-CD | 0.11% | 0.02% | 0.02% |
| Los Angeles UNIF-a-1 | 0.02% | 0.01% | 0.01% |
| Los Angels WTR & PWR- | 0.02% | 0.01% | 0.01% |
| Sthrn CA PUB PWR AUTH | 0.15% | 0.01% | 0.01% |
| Los Angeles DEPT of W | 0.05% | 0.01% | 0.01% |
| San Francisco CA Bay | 0.04% | 0.01% | 0.01% |
| Los Angeles WTR PWR-B | 0.05% | 0.01% | 0.01% |
Overlap by weight adds up the smaller weight of each holding the funds share, so 100% means identical portfolios. Long securities only: derivatives and cash vehicles are left out. Sources: CMF, SEC Form N-PORT, May 31, 2026; CGHM, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | CMF | CGHM |
|---|---|---|
| Envestnet Asset Management Inc. | $64.5M | $343.8M |
| LPL Financial LLC | $75.6M | $156.3M |
| Bank of America Corp. | $113.9M | $4.0M |
| Morgan Stanley | $111.6M | $52K |
| Cambridge Investment Research Advisors, Inc. | $2.3M | $104.7M |
| FMR LLC | $100.4M | $41K |
| Cetera Investment Advisers | $20.8M | $74.1M |
| Royal Bank of Canada | $29.4M | $36.3M |
| Assetmark, Inc. | $25.1M | $34.5M |
| Wells Fargo & Company | $38.4M | $5.5M |
| MML Investors Services, LLC | $7.0M | $36.0M |
| JPMorgan Chase & Co | $39.8M | $732K |
| Raymond James Financial Inc. | $8.4M | $31.1M |
| Osaic Holdings, Inc. | $11.7M | $23.6M |
| Northwestern Mutual Wealth Management Co | $12.2M | $22.8M |
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: CMF institutional holders, CGHM institutional holders.
Frequently asked questions
How much do CMF and CGHM overlap?
0.6% by weight, with 26 holdings in common, using holdings for CMF as of May 31, 2026 and CGHM as of June 30, 2026. The largest shared position is CALIFORNIA ST.
Do institutions hold both CMF and CGHM?
67 Form 13F filers report positions in both, out of 480 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%.