FCG vs CFO overlap

FCG and CFO overlap 1.5% by weight, across 9 shared holdings.

FCGCFO

Pick 2 to 4 ETFs.

1.5%

overlap by weight, across 9 shared holdings

FCG36.0% of the fund is in shared holdings, of 42

CFO1.5% of the fund is in shared holdings, of 501

Top shared holdings

Holding	FCG	CFO	Overlap
EOG ResourcesEOG	4.50%	0.24%	0.24%
Diamondback ENERFANG	4.03%	0.18%	0.18%
ConocophillipsCOP	4.33%	0.18%	0.18%
Permian Resour-aPR	3.75%	0.17%	0.17%
Devon Energy CoDVN	3.97%	0.16%	0.16%
Ovintiv Inc.OVV	3.57%	0.16%	0.16%
Occidental PeteOXY	3.87%	0.16%	0.16%
Expand Energy CoEXE	3.96%	0.14%	0.14%
EQT Corp.EQT	4.02%	0.14%	0.14%

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: FCG, SEC Form N-PORT, June 30, 2026; CFO, SEC Form N-PORT, June 30, 2026.

institutions report holding both, of 178 holding any

FCG52.5% of its 13F dollars, 24.5% of its 139 holders

CFO75.3% of its 13F dollars, 46.6% of its 73 holders

Largest institutions holding both

Firm	FCG	CFO
Morgan Stanley	$37.6M	$20.4M
LPL Financial LLC	$20.5M	$24.1M
Raymond James Financial Inc.	$13.2M	$29.5M
Cetera Investment Advisers	$1.9M	$35.2M
Wells Fargo & Company	$15.5M	$7.5M
Royal Bank of Canada	$6.6M	$16.3M
Bank of America Corp.	$7.0M	$10.4M
Commonwealth Equity Services, LLC	$4.2M	$13.1M
Integrated Wealth Concepts LLC	$438K	$16.0M
Stifel Financial Corp.	$489K	$14.1M
Ameriprise Financial Inc.	$10.6M	$2.0M
UBS Group AG	$7.6M	$2.6M
Kestra Advisory Services, LLC	$6.2M	$242K
Cambridge Investment Research Advisors, Inc.	$3.5M	$2.3M
Osaic Holdings, Inc.	$2.2M	$1.2M

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: FCG institutional holders, CFO institutional holders.

Frequently asked questions

How much do FCG and CFO overlap?

1.5% by weight, with 9 holdings in common, using holdings for FCG as of June 30, 2026 and CFO as of June 30, 2026. The largest shared position is EOG.

Do institutions hold both FCG and CFO?

34 Form 13F filers report positions in both, out of 178 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%.