CPLS vs CAFX overlap
CPLS and CAFX overlap 3.3% by weight, across 5 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (CPLS: May 31, 2026, CAFX: July 31, 2026), so market moves and index changes between those dates lower the number. Funds tracking the same index can read well below their true overlap.
Top shared holdings
| Holding | CPLS | CAFX | Overlap |
|---|---|---|---|
| US Treasury N/B | 3.21% | 4.20% | 3.21% |
| Rio Tinto FIN PLRIOLN | 0.03% | 1.41% | 0.03% |
| Morgan Stanley 4.994%/VAR 04/12/2029 | 0.03% | 3.14% | 0.03% |
| Bank of AMER CRP | 0.03% | 2.44% | 0.03% |
| Wells Fargo Co | 0.00% | 2.33% | 0.00% |
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: CPLS, SEC Form N-PORT, May 31, 2026; CAFX, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | CPLS | CAFX |
|---|---|---|
| Envestnet Asset Management Inc. | $5.4M | $64.0M |
| LPL Financial LLC | $57.9M | $3.5M |
| Osaic Holdings, Inc. | $817K | $25.5M |
| Citadel Advisors LLC | $734K | $2.3M |
| Kestra Advisory Services, LLC | $1.4M | $603K |
| Jane Street Group, LLC | $817K | $908K |
| Goldman Sachs Group Inc. | $357K | $785K |
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: CPLS institutional holders, CAFX institutional holders.
Frequently asked questions
How much do CPLS and CAFX overlap?
3.3% by weight, with 5 holdings in common, using holdings for CPLS as of May 31, 2026 and CAFX as of July 31, 2026. The largest shared position is US TREASURY N/B.
Do institutions hold both CPLS and CAFX?
7 Form 13F filers report positions in both, out of 41 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%.